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Venturebeat

Kleiner Perkins closes its fifteenth venture fund with $525M

Kleiner Perkins Caulfield & Byers, one of Silicon Valley’s most storied venture capital firms, has closed its fifteenth investment fund.

The company announced today that it has raised $525 million for KPCB 15, which will invest in “early-stage digital consumer …

Why Facebook’s GM ad drama won’t impact this IPO

The timing couldn’t have been worse. On the week of its IPO, Facebook saw one of its largest advertisers, General Motors, get up and leave the table, likely taking millions of dollars with it.

The move prompted a swirl of …

Funding daily: Pin a few millions to your Pinterest board

Happy Facebook IPO eve! Check out the companies getting funded today below. Click the links in each paragraph to learn more about the day’s funding news.

If you’re hankering for more funding news throughout the day, you can subscribe to …

Comcast rejiggers its 250GB monthly data cap policy

Cable TV and Internet service provider Comcast is revising its policy on data caps, the company announced in a very thorough blog post today.

Previously, Comcast limited its residential Internet service subscribers to a 250GB data cap per month, meaning …

White House cyber security coordinator stepping down

The White House is losing its cyber security coordinator Howard Schmidt to retirement this year after a tumultuous 2011, often referred to a the year of the hack.

Schmidt served the White House in this role for two and a …

Confirmed: Facebook sets $38 share price for largest tech IPO in U.S. history

Status update: Facebook has priced its shares at $38 apiece and will raise $16 billion (up to $18.4 billion with its over-allotment option) tomorrow in its long-awaited initial public offering on the NASDAQ, the company has confirmed.

At $38 per …

Everyme, the truly private social network, arrives on Android and the web

Sitting at the intersection of group messaging and social networking is Everyme, a startup so zeroed in on private communication that it prevents sharing beyond its walls. Today the company, which allows users to post updates and photos to groups, …

Check out Foodspotting’s new personalized picture menus for every restaurant

Foodspotting, once a repository for food porn, is branching out today with a new launch. The mobile app is now serving up personalized menus just for you, everywhere you go.

“We’re trying to be a picture menu for every restaurant, …

5 ways to keep in touch while traveling for business

Sponsored Post It’s said that with all of our technological advancements, the world is getting smaller and smaller, but it sure doesn’t feel like that when you have to travel for business frequently...

Facebook’s world takeover by the numbers

With eight years, $2.2 billion in funding, and 901 million users under its belt, Facebook is set to become a public company. Thanks to data compiled by analytics firm Nieslen, we can revisit some of the more memorable moments of …

Pinterest joins the billion dollar club: Gets $100M in round led by Rakuten

After Facebook’s surprising Instagram buy, it now seems like every hot startup needs to reach a billion dollar valuation to truly be taken seriously. So it was inevitable that Pinterest, the popular image pinboard site, would eventually skyrocket in value.…

Funding daily: go shopping for vintage clothes and Russian furniture

We’ve got a lot of stories this Wednesday for you. Click each link below to learn more about the day’s funding news.

If you’re hankering for more funding news throughout the day, you can subscribe to our Deals Channel RSS …