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November 11, 2011 11:07 pm GMT

Google Joins Kleiner Perkins Social sFund As A Strategic Partner

kleinerKleiner Perkins has just announced that search giant Google has joined the venture firm's sFund as a strategic partner. Kleiner unveiled the sFund last year $250 million fund dedicated to what partner John Doerr calls the Third Wave. The fund is organized around investing social startups in all industries consumer, enterprise, health and mobile.Back in October of 2010, Zynga, Comcast, Allen & Co., Liberty Media, Amazon and Facebook all joined as investors and strategic partners. The $250 million fund makes investments ranging from $100,000 to $100 million, and is led by Kleiner partner Bing Gordon.

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