Kleiner to Investo More than $100 Million in Enterprise

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Kleiner Perkins Caufield & Byers will more than double its investments in mobile applications for corporate users, as well as technology used to remotely manage software and hardware, investment partner Matt Murphy said.

The venture capital firm has already invested about $100 million in the two areas in the last 18 months, and plans to more than double its investments in the next 12 to 18 months, Murphy said in a phone interview.