Venture capitalists, whether part of a firm or independent angel investors, play an important role in financing tech innovation. These movers and shakers dominate venture funding.
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Vinod Khosla founded the Khosla Ventures in 2004, after his time as a general partner at Kleiner Perkins and founding Sun Microsystems. Although Khosla's firm continues to invest in technology start-ups involved in the Internet, computing, and mobile Khosla Ventures also is looking to partner with entrepreneurs involved in "breakthrough scientific work in clean technology areas." Companies that have received funds include AppNexus, Evolv, MokaFive, K2 Network, and ZocDoc. Khosla is a charter member of TiE, a not-for-profit global network of entrepreneurs and professionals founded in 1992 that now has more than 40 chapters in nine countries. A native of India, Khosla is a founding board member of the Indian School of Business, and he supports many microfinance organizations in India and Africa. In addition, Khosla recently lured former British Prime Minister Tony Blair to work as a public policy adviser to the firm's portfolio of green portfolio companies.