Vinod Khosla on $1 Billion Venture Fund Raising Trail

Forbes reports that ace Silicon Valley venture capitalist Vinod Khosla is raising two new funds worth an aggregate $1 billion. One is a $250 million seed fund and the other, $750 million, is for later stage investments — read the report here. The report doesn’t say much about what exactly the two funds will invest in but, clean technology, which…

Read More→

Mayfield, Kleiner Invest $9 Million in PayMate

A venture capitalist dialed in from Bangalore this afternoon with a query about PayMate’s subscriber and transaction volume numbers. Reason: the Mumbai-based mobile payments startup has just landed $9 million in Series B funding from Mayfield Fund and Kleiner Perkins Caulfield & Byers, investing alongside Sherpalo Ventures. This takes the total money raised by the company so far to $14…

Read More→