John Doerr Turns Green; Kleiner To Invest $100 Million In Cleantech
Wed, 04/12/2006 - 07:17 — Sahad P VIt's not just Vinod Khosla who has turned green at Kleiner Perkins Caulfield & Byers. John Doerr too has. Kleiner Perkins, based in Menlo Park, California, plans to set aside $100 million of its latest $600 million fund for technologies that help provide cleaner energy, transportation, air and water. This is besides $50 million Kleiner Perkins had already invested in seven greentech ventures. Says Doerr:
"This field of greentech could be the largest economic opportunity of the 21st century. There's never been a better time than now to start or accelerate a greentech venture."
So it's going to be the age of cleantech. [Via Wired News]
