pelago.com — John Doerr stood on the stage at Macworld '08 and said that he wanted to fund the next Google or Amazon. Ok.........The only two companies to have received funding are Pelago and iControl. Pelago has already received funding from KPCB and Jeff Bezos (2006) and Doerr sits on the board of iControl. WTF?????
May 27, 2008 View in Crawl 4
gurenskiMay 27, 2008Submitter
From Pelago site:Pelago was initially self-funded by Jeff and Darren and closed Series A with the investors below in November of 2006. Kleiner Perkins Caufield & ByersMenlo Park, CASince its founding in 1972, KPCB has backed entrepreneurs in over 475 ventures, including AOL, Align Technology, Amazon.com, Citrix, Compaq Computer, Electronic Arts, Genentech, Genomic Health, Google, IDEC Pharmaceuticals, Intuit, Juniper Networks, Netscape, Lotus, LSI Logic, Sun Microsystems, Symantec, VeriSign and Xilinx. More than 150 of the firm's portfolio companies have gone public. Many other ventures have achieved success through mergers and acquisitions. Bellevue, WATrilogy Equity Partners was founded by successful veterans of the wireless industry, including the executive team that founded Western Wireless and VoiceStream. Trilogy's partners have started new companies in emerging industries and have built enduring businesses across four continents. Trilogy's portfolio companies benefit from its operational expertise and its global network of relationships in addition to its financial investment.