Khosla Ventures

Khosla Ventures
Private
Industry Private equity
Founded 2004 (2004)
Founder Vinod Khosla
Headquarters Menlo Park, California, United States
Products Venture capital
Total assets $1.3+ billion
Website www.khoslaventures.com

Khosla Ventures is an American venture capital firm focused on early stage companies in the Internet, computing, mobile, silicon technology, biotechnology, healthcare and clean technology sectors that were founded by Vinod Khosla.[1][2]

The firm is based in Menlo Park, California, and manages approximately $1.3 billion of investor capital as well as earlier funds funded by Khosla.

History

The firm was founded in 2004 by Vinod Khosla, a former general partner of Kleiner Perkins Caufield & Byers.[3] 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.[4] 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.[5] The firm has invested in bio-refineries for energy and bioplastics, solar, wind, battery, engines, LED, HVAC efficiency and other environmentally friendly technologies.[6][7] The company focuses on technology risk based investing in very large markets.

Some companies funded by Khosla Ventures include: Academia.edu, Amyris, Bloom Energy, Cogenra Solar, DB Networks, EcoMotors, GreatPoint Energy, Impossible Foods, Instacart, Neverware, Panzura, SeaMicro, Snip.it, Tapingo, Thync, Relcy [8][9], and Vectra Networks Inc.[10].

As of October 2015, Khosla Ventures is one of the five largest and most active investors in the space sector, which has had over US$10 billion of private capital invested in it since 2005.[11]

References

  1. Lacy, Sarah (July 3, 2009). "Vinod Khosla, Risk Junkie". TechCrunch.
  2. "Bloomberg Businessweek Profile". Businessweek.com.
  3. "Khosla Ventures Founder Vinod Khosla Joins Slush 2017 - Slush 2017". Slush 2017. 2017-11-28. Retrieved 2018-01-07.
  4. Marshall, Matt (3 March 2009). "Pierre Lamond, the VC who scared the YouTube guys, joins Khosla". VentureBeat. Retrieved 8 January 2011.
  5. Khosla Ventures piles up $1 billion for green tech. cnet news, September 1, 2009
  6. Venture Firm’s ‘Green’ Funds Top $1 Billion. New York Times, August 31, 2009
  7. Wauters, Robin (May 19, 2011). "Khosla Ventures Is Raising, Like, A Billion Dollars". TechCrunch.
  8. "Relcy Is Building A PageRank-Style Mobile App Search Engine With $9M From Khosla And Sequoia". TechCrunch. 17 July 2014.
  9. Darrell, Larry (9 October 2014). "Thync Raises $13 Million In Funding Led By Khosla Ventures; Combines Neuroscience And Consumer Tech". Bidnessetc.
  10. "Vectra raises $36 million for its AI cybersecurity technology". 2018-02-21. Retrieved 2018-04-16.
  11. Nordrum, Amy (2015-10-09). "Space Advocate Makes Business Case For Private Company Exploration Of Extraterrestrial Resources". International Business Times. Retrieved 2015-10-10.

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