Kleiner Perkins collects $750m for fund: Bloomberg

Kleiner Perkins has raised $750 million for a new fund, reported Bloomberg.

Kleiner Perkins has raised $750 million for a new fund, reported Bloomberg. The Kleiner Perkins Select fund will invest in mid-stage startups. The news outlet noted that this fund is in addition to Kleiner’s $700 million early-stage fund, which is still being invested. The earlier fund will focus on seed-stage to Series B rounds while the newer fund will focus on investing through Series D.

Source: Bloomberg