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Kleiner Perkins forced to reach out to new investors: “Unheard of”

Silicon Alley Insider found this 1/15/2009 on venturebeat.com

Kleiner Perkins , one of the valley’s biggest name venture capital firms, is raising a so-called “annex fund,” or reserve fund it can tap to support companies it has already backed to help ensure they get through the downturn. Kleiner has also reopened fundraising for ...