Private | |
Industry | Venture capital |
Founded | 1972 |
Founders | Eugene Kleiner, Tom Perkins, Frank J. Caufield, Brook Byers |
Headquarters |
Sand Hill Road Menlo Park, California, United States |
Products |
Investments Private equity funds |
Website | www |
Coordinates: 37°25′25″N 122°12′37″W / 37.4237°N 122.2103°W
Kleiner Perkins Caufield & Byers (KPCB) is an American venture capital firm located on Sand Hill Road in Menlo Park in Silicon Valley.
KPCB specializes in investments in incubation and early stage companies. Since its founding in 1972, Kleiner Perkins Caufield & Byers has backed entrepreneurs in more than 500 ventures, including Google. KPCB focuses its global investments in three practice areas – digital, clean tech and life sciences.
The Wall Street Journal and other publications have called it one of the "largest and most established" venture capital firms and Dealbook named it "one of Silicon Valley’s top venture capital providers." In addition to its Menlo Park headquarters, the company has offices in San Francisco and Shanghai, China.
During the 1970s the growth of the venture capital industry saw the emergence of independent investment firms on Sand Hill Road, including Kleiner, Perkins, Caufield & Byers, founded in 1972. Kleiner and Perkins came from technology industry backgrounds; Kleiner was a founder of Fairchild Semiconductor and Perkins was from Hewlett-Packard's early computer hardware division. KPCB was formed in 1972. It has traditionally focused on early-stage investments, but also does later-stage investments.