Friday, October 14, 2011

Khosla Announces $1.05 Billion Fund

Menlo Park-based Khosla Ventures said this week that it has raised $1.05 billion in a new fund, Khosla Ventures IV. The fund will invest across clean tech, IT, mobile, and Internet technology. Khosla said the new fund will invest in the same kinds of investments as its prior funds, and that it "does not anticipate any change in strategy." Details on the limited partners in the new fund were not announced.