Khosla Ventures, a Menlo Park, California-based venture capital firm, has raised a $1.05bn fund.
The Khosla Ventures IV fund will invest in early stage investments in the areas of clean tech, IT, mobile, and Internet technology.
It follows the $1bn Khosla Ventures III fund focused on traditional early stage and growth stage companies and Khosla Ventures seed fund, which invests in high-risk, high-return opportunities, particularly groundbreaking science or internet developments, besides traditional venture investments.
Khosla Ventures was founded in 2004 by Vinod Khosla, formerly a General Partner at Kleiner Perkins and founder of Sun Microsystems.
FinSMEs
14/10/2011