Golden, Colorado-based Proterra, Inc.— the makers of electric commercial vehicles, systems and charging stations for them— raised $30 million, the company announced today. The investment was led by Kleiner Perkins Caufield & Byers (KPCB) and joined by GM Ventures, Mitsui & Co., Vision Ridge Partners and 88 Green Ventures.
According to a press statement today, Proterra will use its new… → Read More
Xiu.com, a Chinese luxury and fashion ecommerce website, this morning announced that it has raised $20 million from Kleiner Perkins Caufield & Byers (KPCB), confirming a report published last week by the Wall Street Journal.
It’s the shopping website operator’s first round of VC funding. → Read More
A Portland area startup selling patented systems that turn plastic trash into synthetic crude oil, Agilyx, closed a $22 million series B round, the company revealed on Thursday. The systems (image below) look like the kind of equipment you’d see in a brewery.
Here’s how they work, according to the company website: Plastic feedstock, a mix of everything from grocery bags to vehicle dashboards and… → Read More
Kleiner Perkins Caufield & Byers has invested in Santa Barbara based FindTheBest, a comparison engine founded by DoubleClick cofounder Kevin O’Connor. This is the first outside funding for the new startup, and one of the first investments made by Kleiner’s sFund, announced in October. Randy Komisar from Kleiner will join FindTheBest’s board of directors.
So what does FindTheBest do? “It’s… → Read More
The Arlington, Va. clean tech startup, OPower, closed a $50 million series C investment led by Accel Partners and Kleiner Perkins Caulfield & Byers (KPCB) and joined by the company’s earlier investors New Enterprise Associates (NEA) the firms announced Monday.
It’s hard to find a man more bullish on social than Bing Gordon.
The Kleiner Perkins partner will be spearheading the firm’s new sFund and, like John Doerr, fully believes that the era of social is just beginning. Just how much will social balloon in the short term? Gordon sees exponential-like growth, expecting the social space to grow 10 to 25x in the next five years.
Sounds like KPCB— and… → Read More
The Cleantech Group LLC in conjunction with the UK’s Guardian News and Media, released their second annual Global Cleantech 100 list on Wednesday. The rankings recognize private, for-profit, independent cleantech companies that are most likely to make a significant, global market impact over the next five to ten years.
This year, 3,138 qualifying companies were nominated…Fifty-five percent of… → Read More
Kleiner Perkins Caufield & Byers led the Series B round, while existing investors True Ventures and Radar Partners – which participated in the Series A round back in June 2009 – also contributed to the… → Read More
InMobi, the largest mobile ad network that hasn’t been acquired, has raised another $8 million in funding. The round was led by existing investors Kleiner Perkins Caufield & Byers and Sherpalo Ventures and brings their total raised capital to $15.6 million.
We’ve estimated that the company did around $35 million in revenue in 2009, and may hit $75 million for all of 2010.
We’ve covered this… → Read More
One Kings Lane, an e-commerce startup that operates a private sales website dedicated to home furnishings, decor, and related products, has raised an undisclosed amount of funding in a round led by Kleiner Perkins Caufield & Byers, with First Round Capital and angel investor Reid Hoffman participating.
One Kings Lane was started by Susan Feldman and Alison Gelb Pincus, who took notice of the… → Read More