Tuesday, February 1, 2011

Kleiner Perkins Leads $8.5 Million Round For Path

San Francisco-based Path, a mobile social network, has raised a Series A Round of funding. The $8.5 million round was led by Kleiner Perkins Caufield & Byers. New investor Digital Garage Japan also joined the round, as did previous investors Index Ventures and First Round Capital. Chi-Hua Chien and Mike Volpi from Kleiner and Index, respectively, joined the board of directors. Co-founder Dustin Mierau also joined the board as part of the round. The company has now raised a total of $11.2 million.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/I7CwzbX4AXE/

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