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Kleiner Perkins

2 GoKawiil briefs on this topic

Ballistic Ventures files to raise $490M across two new cybersecurity funds

Ballistic Ventures, the cybersecurity-focused VC firm co-founded by Ted Schlein, has filed with the SEC to raise $360 million for its third flagship fund and $130 million for a separate vehicle called Fund B, according to regulatory filings reviewed by TechCrunch. Neither fund had recorded any sales at the time of filing, and the amounts mirror the firm's 2024 fundraise and its earlier Fund A vehicle.

Profound raises $180M Series D, reaching $1.8B valuation just 7 months after Series C

AI-search marketing startup Profound announced a $180 million Series D funding round led by Sequoia and Kleiner Perkins, valuing the company at $1.8 billion. The raise comes less than seven months after its $96 million Series C, with existing backers Lightspeed Venture Partners, Khosla Ventures, and South Park Commons also joining in. Profound says revenue has tripled in six months and it now serves over 1,000 enterprise clients, including Comcast, Estée Lauder, and Walmart.