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Kleiner Perkins raises $600 million for new fund

Signage at headquarters of venture capital investment firm Kleiner Perkins Caufield Byers
Photo: Smith Collection/Gado/Getty Images

Venture capital firm Kleiner Perkins Caufield & Byers today closed its eighteenth flagship fund with $600 million in capital commitments.

Why it matters: Kleiner Perkins is one of the oldest and most successful venture capital firms in Silicon Valley but has undergone significant change, including its growth capital team recently spinning out into an independent firm.

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