Former YouTube Exec's Startup Said to Be Valued at $400 Million
- Krypton plans to create a mobile Microsoft Office competitior
- Shishir Mehrotra, formerly of YouTube, founded the company
This article is for subscribers only.
Shishir Mehrotra, a former top executive at Google’s YouTube, has raised two rounds of funding for Krypton, a secret mobile competitor to Microsoft Corp.’s Office software, according to people familiar with the matter.
Khosla Ventures led Krypton’s second funding round, valuing the company at $400 million, according to the people, who asked not to be identified because the information isn’t public. The company has raised at least $25 million, though the amount may be much higher. Greylock Partners and General Catalyst Partners invested in Krypton’s first round of financing and also participated in the later round.