Kleiner Perkins has just announced that search giant Google has joined the venture firm's
sFund as a strategic partner. Kleiner
unveiled the sFund last year $250 million fund dedicated to what partner
John Doerr calls the
Third Wave. The fund is organized around investing social startups in all industries ? consumer, enterprise, health and mobile. Back in October of 2010, Zynga, Comcast, Allen & Co., Liberty Media, Amazon and Facebook all
joined as investors and strategic partners. The $250 million fund makes investments ranging from $100,000 to $100 million, and is led by Kleiner partner
Bing Gordon.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/ZT5K-MlJ-jo/
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