 In 2011, he led a $7 million round of funding for Instagram, which agreed in April 2012 to be acquired by Facebook for $1 billion.In March 2014, Cohler led Benchmark's investment in Xapo, a Bitcoin wallet/insured cold storage vault.Cohler sits on the boards of Asana, Greenhouse, Tinder, Domo Quora, ResearchGate, Instagram, 1stdibs, CouchSurfing and Duo Security.