Established in 1997 in CA - Founded by L. John Doerr, a venture capitalist at Kleiner Perkins Caufield & Byers, whose venture capital funding went to some of the most successful technology companies in the world including Compaq, Netscape, Symantec, Sun Microsystems, drugstore.com, Amazon.com, Intuit, and Google, as well as Friendster, Go.com and myCFO. In 2009, Doerr was appointed to President Obama's Economic Recovery Advisory Board to provide the president and his administration with advice and counsel in fixing America's economic downturn. L. John and Ann Doerr have committed to The Giving Pledge, and have pledged to give away at least half of their wealth to philanthropy.