Kleiner Launches Fund XIII

Kleiner Perkins Caufield & Byers may be running out of money. The firm has registered a 13th investment fund in the state of Delaware in February and is likely fundraising for that vehicle now.

Details of the fund size are not immediately available and a spokesperson for says the firm has no comment at this time.

Kleiner Perkins Caufield & Byers XIII is distinct from the KPCB Green Growth Fund, an expansion stage fund the firm is currently fundraising for.

It’s no surprise that Kleiner would be in the market. The firm has been investing at a rapid rate. Get the details and our free story at PEWNews.com.