Kleiner Perkins raised $3.5B for two new funds, allocating $1B to its 22nd early-stage fund and $2.5B to a growth-stage fund, taking its AUM to $21B+ (Caroline Hyde/Bloomberg)

24
Mar

Caroline Hyde / Bloomberg:

Kleiner Perkins raised $3.5B for two new funds, allocating $1B to its 22nd early-stage fund and $2.5B to a growth-stage fund, taking its AUM to $21B+ — Kleiner Perkins, the half-century-old venture capital institution, is raising $3.5 billion to make bets on artificial intelligence startups …