Famous VC Kleiner plans to set up cloud computing investment fund

Sina Science and technology news Beijing time of June 25, the famous VC company Kleiner Perkins Caufield & Byers (hereinafter referred to as "Kleiner") plans to establish a special fund, dedicated investment in cloud computing technology. Kleiner partner Murphy (Matt Murphy) said: "We are very optimistic about cloud computing." "Murphy manages Kleiner's Ifund fund.　　The fund, which mainly invests in Apple product peripherals, was founded in 2008 with an initial size of $100 million and later expanded to $200 million. Cloud computing uses the Internet to store data for businesses and individual users to reduce costs and improve reliability.　　It has become a hot spot in Silicon Valley, and many entrepreneurs are testing the water market.　　But, Murphy said, before Kleiner created a fund dedicated to investing in cloud computing, there was a need to identify "unmet" needs for professional skills. Murphy's Ifund has invested in cloud computing.　　Earlier this year, Egnyte, a cloud file storage company, raised $10 million in a round of financing led by Kleiner.　　Kleiner last year announced the creation of a $250 million sfund, managed by partner Bin Gordon, which invests mainly in social media. Murphy said Kleiner was not in a hurry to decide whether and when the cloud-computing fund would be set up. The timing of Ifund and Sfund is the right thing to do, and cloud computing is still in its infancy, and Kleiner is not feeling the pressure. (Yan Fei)