Kleiner Perkins Caufield & Byers Leads $75 Million Investment in Silver Spring Networks

Redwood City, Calif., - Kleiner Perkins Caufield & Byers (KPCB) and Silver Spring Networks, a leading provider of Smart Grid technology solutions, announced today that KPCB’s Green Growth Fund led a $75 million investment round into Silver Spring Networks. The new funding, a portion of which has been reserved for strategic partners, included returning investors Foundation Capital, JVB Properties, and Northgate Capital. Link.