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Kleiner Perkins Launches Social Web Fund

Friday, October 22, 2010 5:17:00 AM PDT | VentureDeal Staff
Palo Alto, California  --  Venture capital firm Kleiner Perkins Caufield & Byers has announced the launch of a $250 million social web entrepreneur fund.

Called the sFund, the fund will be led by existing Kleiner partner Bing Gordon and will also partner with Web leaders Amazon.com, Facebook, Comcast, Liberty Media and Zynga.

The investors intend to prioritize developer services for entrepreneurs in addition to funding.

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