Austin-based Saronic, which builds military autonomous ships, raised a $1.75B Series D led by Kleiner at a $9.25B valuation, up from $4B in February 2025
A look at some themes at this year's Hill and Valley Forum: embracing government-led industrial policy to onshore manufacturing, AI's unpopularity, and more
Plus, Kleiner's big fundraise & a reckoning for social media … The Main Item — Industrial Policy Gets New Life as Tech Eyes Government Incentives
In a Kleiner podcast interview, DOD official Emil Michael says he will “never forget” nor “forgive” Uber investors that ousted him and Travis Kalanick in 2017
Emil Michael, who serves as a senior technology official at the Department of Defense …
Reevo, which aims to use AI to help bring products to market, raised $80M, split across a $10M seed and $70M Series A led by Kleiner, at a $500M valuation
Artificial intelligence startup Reevo Inc. has raised $80 million from investors including Khosla Ventures and Kleiner Perkins …
Chainguard, which helps companies secure software supply chains, raised a $356M Series D led by Kleiner and IVP at a $3.5B valuation, up from $1.12B in 2024
Allie Garfinkle / Fortune :
Sources: Kirkland-based enterprise cybersecurity startup Chainguard is in talks to raise $350M led by Kleiner at a $3.5B valuation, up from $1.1B in July 2024
- Kleiner Perkins is said to be leading the funding round — The deal would triple Chainguard's valuation to $3.5 billion
a16z, Accel, Bain, Bessemer, Kleiner, and, sources say, Coatue and Tiger are increasingly buying startup shares on the secondary market, often at cheap prices
It's a bargain-hunter's dream, and for sellers it's sometimes the only good option left. — Secondary markets …
Parker Conrad's HR software startup Rippling raises a $250M Series D led by Kleiner and Bedrock at an $11.25B valuation, bringing its total funding to $700M
“I don't think Silicon Valley has ever seen a comeback like this before.” — Parker Conrad is fully back. Tweets: @realgenekim and @paulg Tweets: Gene Kim / @realgenekim : “All told, the company spen...
Customer messaging startup Intercom raises $125M Series D led by Kleiner, Perkins, Caufield and Byers; Mary Meeker will join the Intercom board
- Intercom considers itself the “next-generation Salesforce,” offering a digital take on a timeless problem: improving businesses' interactions with potential or existing customers.
Kleiner Perkins shutters its two-year-old, $4M seed investing program KPCB Edge after all three partners running it leave
Departures of young partners weaken firm's early-stage effort — Kleiner to continue investing broadly in emerging startups — Kleiner Perkins Caufield & Byers shut …