Kleiner Perkins was founded in 1972 by Eugene Kleiner, Thomas Perkins, Frank J. Caufield, and Brook Byers. The firm is headquartered in Menlo Park, California and maintains offices in San Francisco and Shanghai. Kleiner Perkins has developed a reputation as one of the largest and most established venture capital firms in Silicon Valley. After investing in foundational computing tools such as semiconductors and database hardware, the firm stayed engaged with computer technology, positioning itself at the forefront of the desktop computing explosion of the 1980s and the of the internet's rapid expansion in the 90s. Today Kleiner Perkins partners with a number of large digital brands across a range of industries.
Kleiner Perkins partners with companies "from inception to IPO and beyond." The firm was an early investor in Amazon, AOL, Google, Electronic Arts, and Twitter. Many of Kleiner Perkins' partner companies have gone public through an IPO, including Spotify, Desktop Metal, Robinhood, Slack, UiPath, Coursera, and Duolingo. Kleiner Perkins has raised between $9 billion and $10 billion in total funds, and announced two new funds for a total of $1.8 billion at the start of 2022.