SF Business Journal: East Bay tech power couple to give $40 million to make industry more diverse

East Bay tech power couple Mitch Kapor and his wife Freada Kapor Klein have pledged to give $40 million over three years to make the technology industry more diverse. The announcement was made at the first-ever White House Demo Day, which was held Tuesday.

The news comes as major technology companies and venture capital firms have come under increasing scrutiny for employing few women and minorities as well as for backing relatively few startups with women and minority founders.

Read more at San Francisco Business Journal