Year in review: Kleiner Perkins tops the list of most active VCs in 2014

Kleiner Perkins Caufield & Byers made it rain last year. The firm ranked as the most active venture investor in 2014, putting money into 117 IT, healthcare and cleantech companies, according to data from Thomson Reuters.

Kleiner Perkins invested more than $777 million last year, the data shows, backing such large deals as Uber Technologies, Magic Leap and Snapchat, among others.

In mid-2014, the Menlo Park, Calif.-based firm filed regulatory documents to raise $1.2 billion combined for two new funds, an early-stage growth fund of $450 million and a later-stage fund of $750 million. The firm has also tried to expand. Fortune reported last week that Kleiner Perkins tried to “acquire” Social+Capital Partnership, a Palo Alto, Calif.-based firm founded by Chamath Palihapitiya. Fortune reported that the acquisition talks ended in previous weeks.

However, the venture firm that invested the most money last year was Sequoia Capital, which put more than $2.1 billion to work into 115 companies, such as Airbnb, Dropbox, Houzz and Stripe. The firm’s investments also included a number of Chinese companies, such as Beijing Momo Technology Co Ltd and Beijing Jiuxian E-Commerce Co Ltd, among others.

Only three firms invested more than $1 billion last year in IT and healthcare venture deals, the data shows: Sequoia, Intel Capital (which invested $1.1 billion) and Tiger Global Management (which invested just over $1 billion).

Behind Kleiner Perkins’s 117 companies, Sequoia ranked as the second most active VC in 2014, investing in 115, followed in order by New Enterprise Associates (114), Intel Capital (94) and Accel Partners (92) to round out the top five.

Andreessen Horowitz, which raised $1.7 billion last year for its fourth fund, invested about $800 million in 83 companies, according to the data.

Separately, market researcher Mattermark reported in mid-January that Khosla Ventures was the most active Series A investor in Internet tech startups in 2014, followed by Accel, NEA and Greycroft Partners.

Thomson Reuters data shows that Khosla invested $434 million in 68 IT, healthcare and cleantech companies last year, ranking the firm as the ninth most active VC firm of the year.

This story first appeared in affiliate magazine Venture Capital Journal, which is published by Buyouts Insider. Subscribers can read the full story and a table of most active venture firms in 2014 by clicking here. To subscribe to VCJ, click here for the Marketplace.

Photo illustration from Shutterstock.