You are using an older browser version. Please use a supported version for the best MSN experience.

It’s official: Kleiner just pulled off a $1.4 million fundraise

TechCrunch TechCrunch 29/06/2016 Connie Loizos

So much for losing its mojo.

Despite twists and turns in recent years that have sometimes rivaled those of a telenovela, and even with its most famous member no longer a general partner, Kleiner Perkins has raised two new funds totaling $1.4 billion, show newly processed SEC filings.

The firm’s digital growth fund — its third — has secured $1 billion in commitments. The capital will be managed by Mary Meeker, Ted Schlein, Mood Rowghani, and Noah Knauf, who just joined Kleiner from Warburg Pincus.

Kleiner’s newest (17th!) early-stage fund, meanwhile, has closed with $400 million in commitments. As you’ve read here recently, Kleiner’s early-stage team now features five general partners: Schlein, Mike Abott, Eric Feng, Beth Seidenberg, and Wen Hsieh.

We talked with Feng most recently about what the firm is up to.

More from TechCrunch

image beaconimage beaconimage beacon