Kleiner Perkins

Mobile social network Path, once a challenger to Facebook, is closing down

It’s that time again, folks, time to say goodbye to a social media service from days past. Following the shuttering of Klout earlier this year, now Path, the one-time rival to Facebook, is closi

This is how much VCs are paid

Venture capital is known for being an opaque industry, so it's no surprise most of us have no idea what the average VC earns in a year.

Mary Meeker, author of the Internet Trends Report, is leaving Kleiner Perkins

Mary Meeker is leaving Kleiner Perkins to build a new fund and she's taking the firm's growth team with her, as first reported by Recode. Meeker, widely known for her annual Internet Trends Report, jo

Playing the global game, Sequoia can cut checks for up to $1 billion

As the shadow of SoftBank (and its $100 billion fund) looms large over the investment landscape, Sequoia Capital is pushing the upper limits of the checks it’s willing to write to global growth-

Women-only co-working space The Wing is launching an app to help its members stay connected

The Wing is bringing the physical world it's created for professional women through its co-working spaces to the digital world, with the launch of a social networking app, slated to become available

Munich Re buys IoT middleware startup, relayr, in deal worth $300M

Berlin based Internet of Things (IoT) startup relayr, whose middleware platform is geared towards helping industrial companies unlock data insights from their existing machinery and production line ki

Sino-US investment firms are targeting over $4 billion for new funds launched this year

As limited partners increasingly demand greater exposure to emerging market opportunities, venture capital firms with a focus on Asia are bulking up their funds and chasing deals in an increasingly co

Gusto raises $140 million to go after small business payroll and benefits with more gusto

Gusto, which sells payroll, benefits and human resources management and monitoring services to small businesses, has raised $140 million in its latest round of funding. The company said it will use th

Ellen Pao memoir adaptation among 7 new Shonda Rhimes projects for Netflix

When Shonda Rhimes left ABC last August for Netflix, both she and the studio kept a tight lid on their plans. We could only imagine where the twists and turns that her future stories would take us. We

While tech waffles on going public, biotech IPOs boom

With our fixation on all things tech, we’re missing out on the big picture -- there are actually more biotech and healthcare startup IPOs than tech offerings.

JASK nets $25M from Kleiner to build out autonomous security operations

Cyberthreats are on the rise everywhere. Companies are facing a barrage of attacks from hackers near and far, and their security operations centers are struggling to keep up. They can no longer rely o

Beth Seidenberg of Kleiner Perkins is starting her own fund

Beth Seidenberg joined Kleiner Perkins 13 years ago to focus on life sciences for the storied venture firm. Now, according to a Recode report, she’s heading off to start her own life sciences ve

Free stock trading app Robinhood rockets to a $5.6B valuation with new funding round

Robinhood started off as a dead-simple stock trading application that had no transaction fees — but since it’s continued to grow, and especially as it starts to dive into cryptocurrency, inve

Tribe combines arcade games with group video chat

Sick of chatting but want to stay connected? Tribe‘s app lets you play clones of Space Invaders, Flappy Bird, Fruit Ninja, Name That Tune and more while video chatting with up to seven friends o

Late-blooming startups can still thrive

Joanna Glasner Contributor More posts by this contributor Getting personal: Funding rises for software-driven tastemakers The alumni of these universities raised the most VC in the past year It seems

Magic Leap gets $461M more, Travis goes VC, and HQ Trivia scales up

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week we had a corking set of news to get through, so we rounded

UiPath confirms $153M at $1.1B valuation from Accel, CapitalG and KP for its “software robots”

Last week, we reported that UiPath, a startup out of Romania building AI-based services for enterprises in the area of robotic process automation (RPA) — helping businesses automate mundane task

Momo buys Tantan, China’s Tinder, for over $600M as Chinese social networks consolidate

WeChat is far and away the biggest messaging platform in China at the moment, and that is helping to drive a push among the smaller players to get together for better scale. Today, Momo, the Chinese l

Practice Fusion, once poised for a blockbuster IPO, sells at a loss to Allscripts

Practice Fusion was written about several years ago as a company on the brink of going public. In 2015, JPMorgan, working with Practice Fusion, estimated that the company could be assigned a valuation

Several departures at venture firm Kleiner Perkins

Noted venture firm Kleiner Perkins is getting a little leaner. General partner Mike Abbott announced Monday that he's leaving the team for an undetermined startup role. Separately, its early-stage "Ed
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