History
The firm was founded in 2004 by Vinod Khosla, a former general partner of Kleiner Perkins Caufield & Byers. The firm's first two investment vehicles were funded with Khosla's own personal capital and were not open to institutional investors. In March 2009, Pierre Lamond became General Partner. In December 2009, Khosla completed fundraising for two new funds, to invest in cleantech and information technology start-ups.
Khosla Ventures Fund III secured $1 billion of investor commitments to invest in traditional early stage and growth stage companies. Khosla also raised $300 million for Khosla Seed, which will invest in higher-risk opportunities and science experiments. Within cleantech, the firm has invested in bio-refineries for energy and bioplastics, solar, wind, battery, engines, LED, HVAC efficiency and other environmentally friendly technologies. . The company focuses on technology risk based investing in very large markets.
Read more about this topic: Khosla Ventures
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