Vinod Khosla Doubles DownJustin Hibbard
Seems Kleiner Perkins Caufield & Byers and Vinod Khosla liked what they saw from chipmaker eAsic. The VC firm and its partner have invested an additional $7.5 million in the six-year-old company. Khosla, who downshifted from managing partner to partner and went part-time at KPCB last year, invested his own money in the deal. The infusion was the second tranche of eAsic's third funding round. Last May, the company raised a $5 million first tranche from KPCB and Khosla. The investors had an option to put in more money if eAsic hit certain milestones, such as delivering a product. At long last, the company expects to begin taking orders for its programmable chips next month.
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