Kleiner Perkins Adds Facebook-Savvy General Partner

Sand Hill venture firm Kleiner Perkins Caulfield Byers is taking social networking seriously. At least, that's the implication of its most recent hire: KPCB has added former Accel associate Chi-Hua Chien to its stable of general partners, according to an email sent yesterday by Chien. While at Accel, Chien worked on its Facebook investment and, we hear, was instrumental in fbFund, which distributed seed funding to companies focusing on creating applications for the Facebook platform. Prior to Accel, Chien was involved in corporate development during the early days of search giant Google.

Dear Friends &
Colleagues, Happy New
Year! I hope you all enjoyed a relaxing holiday. Effective immediately, I am joining venture capital firm Kleiner Perkins Caufield &
Byers as a partner in the firm's information technology practice. In my new role I will focus on investments in internet applications, mobile applications, online advertising technologies, and enabling internet infrastructure. I am incredibly excited by the opportunity to work with such an amazing group of partners as well as KPCB's family of entrepreneurs and portfolio companies. Since its founding in 1972, KPCB has backed entrepreneurs in over 475
ventures, including AOL, Align Technology, Amazon.com, Citrix, Compaq Computer,
Electronic Arts, Genentech, Genomic Health, Google, IDEC Pharmaceuticals,
Intuit, Juniper Networks, Netscape, Lotus, LSI Logic, Sun Microsystems,
Symantec, Verisign and Xilinx. Please find my new contact info below. I look forward to reconnecting in
2008. Cheers,

CH