KP’s Ray Lane Named Hara Chairman As Cleantech Startup Raises A $25M C Round

Former Oracle operations chief and now Kleiner Perkins Managing Partner Ray Lane is to become chairman of Hara Software Inc. as the cleantech company secures a $25 million Series C round.

Lane (pictured) is said to have stepped down from three other boards to assume the post. Lane, who leads cleantech investing at Kleiner Perkins Caufield & Byers, will leave eLance Inc., a Kleiner-backed company; Enigma Inc., not a portfolio company; and Quest Software Inc., a public company where he plans to resign next month, according to a story Dow Jones Venturewire.

He also is to leave the board of SpikeSource.

According to a press release scheduled for publication Wednesday, the new investment will bring venture investment in energy management software developer Hara to $45 million. The round is backed by Energy Technology Ventures, a joint venture of GE, NRG Energy and ConocoPhillips, Focus Ventures, Navitas Capital, ITOCHU Technology Ventures (ITV), as well as Kleiner Perkins, JAFCO and Nth Power.

Hara says it will use the money for product development and global expansion.