November 25, 2003 11:16 AM PST

Silicon Valley VC legend dies

Eugene Kleiner, a pioneer of venture capital in Silicon Valley and co-founder of Kleiner Perkins Caufield & Byers, has died at the age of 80.

Kleiner, who passed away at his Los Altos Hills, Calif., home on Thursday, co-founded the firm in 1972 with Tom Perkins and helped build it into an internationally known concern that funded such companies as Compaq Computer, Sun Microsystems and Kleiner's family gave word of his death on Monday.

In addition to his role as a Silicon Valley venture capitalist, Kleiner was also known as a member of the "Fairchild Eight"--the group that founded Fairchild Semiconductor. The chipmaker was one of the first to successfully manufacture a silicon-based transistor.

At the time of his death, Kleiner served as a "partner emeritus" at Kleiner Perkins.

"Eugene Kleiner was a great pioneer of Silicon Valley?and his contribution to finance and technology were enormous. He will be sorely missed," read a statement released Tuesday by the firm.

Memorial services will be held at the Congregation Beth Am in Los Altos Hills on Dec. 5 at 1 p.m.


Join the conversation

Add your comment

The posting of advertisements, profanity, or personal attacks is prohibited. Click here to review our Terms of Use.

What's Hot



RSS Feeds

Add headlines from CNET News to your homepage or feedreader.