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peHUB First Read

Catch up on the latest after the weekend including Charlesbank’s latest fundraising, Kleiner Perkins filing to raise $1.2 bln in venture funds and see what venture vehicles are boosting INPRS’ performance.

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Electric bus maker Proterra nabs over $30 mln

Proterra has received more than $30 million in funding. Kleiner Perkins and GM Ventures led the round with participation from Tao Invest, Vision Ridge Partners and Hennessey Capital. The company expects an additional capital infusion of $10 million within the coming weeks. In addition to the funding, Michael Smith, vice president of Constellation and head of Constellation Technology Ventures, has been appointed to Proterra’s board. Based in Greenville, South Carolina, Proterra is a maker of electric buses.

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VC-backed One Kings Lane appoints new CEO

One Kings Lane has named Dinesh Lathi as CEO and member of the board of directors. Previously, Lathi was the firm’s chief operating and financial officer. Headquartered in San Francisco, One Kings Lane is an online home decor retailer. Its backers include Mousse Partners, Scripps Networks Interactive, Kleiner Perkins, Greylock Partners, IVP and Tiger Global Management.

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Permira to take controlling stake in LegalZoom.com – Reuters

Jan 6 (Reuters) – Private equity fund manager Permira Advisers LLC is planning to take a controlling stake in LegalZoom.com, a provider of online legal documents that was going to go public, according to people familiar with the matter, affiliated news service Reuters reported.

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peHUB First Read

Catch up on the latest after the weekend including how private equity is going to crack the US pension market; Kleiner Perkins reorganising its early stage investing and how to unleash innovation from VC-backed companies.

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peHUB First Read

This morning read all about Billabong’s refinancing rescue, the IPO market’s comeback and five apps that got an i0S 7 makeover.

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Ex-Kleiner Partner Ellen Pao Lands Job at Reddit

Ellen Pao, a former Kleiner Perkins Caufield & Byers junior partner who is suing the venture capital firm for gender discrimination, has landed a new job heading up strategic partnerships at social-news website Reddit.

Photo by Allison Joyce of Reuters

Kleiner-Backed Fisker Mulls Bankruptcy as Investor Search Persists

Hybrid automaker Fisker Automotive has hired law firm Kirkland & Ellis to advise it on a possible bankruptcy filing, a source said on Thursday, while executives continue their search for a strategic investor. The company, founded in 2007, has raised more than $1 billion in venture capital, including $103.67 million last September 2012 from Advanced Equities Inc., Kleiner Perkins Caufield & Byers and New Enterprise Associates.

Kleiner Perkins Joins with USC and United Talent Agency to Create L.A.-Based “Startup Garage”

Kleiner Perkins Caufield & Byers is teaming up with the talent and literary agency United Talent Agency and USC’s Viterbi School of Engineering to create what’s being called the Viterbi Startup Garage, an accelerator that will provide financial and other resources to select USC students and alumni. Applications will be accepted through Monday, April 22. Ten teams will then be chosen; they’ll work out of USC’s Information Sciences Institute in Marina Del Rey for twelve weeks beginning May 28.

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