"Kleiner Perkins raised $1 billion for its 22nd early-stage venture fund, and $2.5 billion for a separate vehicle designed to fund late-stage growth businesses."
"The firm has managed to secure early stakes in a number of fast-growing AI startups, including Together AI, Harvey, and OpenEvidence."
"Kleiner Perkins realized significant returns from last year's IPO of Figma, a design software company whose $25 million Series B round it led in 2018."
"Kleiner Perkins now operates with a lean team of just five partners and has seen some leadership turnover recently."
Kleiner Perkins raised $3.5 billion, comprising $1 billion for its 22nd early-stage venture fund and $2.5 billion for late-stage growth investments. The firm has invested in several AI startups and is a backer of companies like Anthropic and SpaceX, which are expected to IPO. Kleiner Perkins also realized returns from Figma's IPO and the acqui-hire of Windsurf by Google. The firm operates with a small team of five partners and has experienced recent leadership changes.
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