We are very happy today to announce that Kleiner Perkins Caufield & Byers is now a key supporter of WorkSmart Labs, leading a seed round of investment that will help us quickly achieve our goal of helping people lead healthier, happier lives. Until now, WorkSmart has been supported by angel investors: numerous Googlers (including a senior product manager), and incredible support from friends and ex-colleagues. We’ve been using this money very frugally, establishing a track record of doing amazing things with an incredible team of 12 full-time employees. With this healthy mindset and support from KPCB, we are now in a position to create an even larger impact very quickly.
Matt Murphy, a partner with Kleiner Perkins, contacted us in December of 2010, and from that point, it was clear that we shared a common vision and passion. We had some great insightful conversations with Matt and it became clear that KPCB would be a strong partner for WorkSmart Labs. This late seed round of investment from iFund, under Kleiner Perkins, was made shortly thereafter.
In addition to securing critical investment, we believe we’ve found great partners in Matt Murphy and the other partners at Kleiner Perkins. It is a pleasure to be working with such a talented group of people and we’re looking forward to growing our company and changing the world of health and wellness together.