Staff Writer

SEATTLE – Five months after the start of a bitter legal battle that pitted a poster child of the upstart e-commerce industry against a giant brick-and-mortar retailer, Amazon.com Inc. and Wal-Mart Stores Inc. have settled their lawsuit. The settlement brings an end to a long legal tale that started in October, in which Wal-Mart brought […]

Someday, perhaps soon, Congress will have to make changes to the country’s Social Security program. While it’s safe to assume most venture capitalists won’t rely on the program to ensure the comfort of their own retirements, they might want to keep an eye on the reform process, and not just out of an interest in […]

CHARLOTTE, N.C. – Kitty Hawk Capital provides financing for early- and expansion-stage information-technology, medical devices and consumer businesses throughout the Southeastern United States. Since its inception in 1980, the firm has invested in 70 private companies and currently manages more than $100 million. Kitty Hawk Capital IV, the firm’s most recent fund, held a $43 […]

LONDON – Just one month after the official start of fund raising, Paradigm Ventures, the brainchild of Esprit Telecom founder Michael Potter, in March raised $100 million to invest in European fast-growth, high-tech ventures. Mr. Potter is to step down as president and vice chairman of Esprit to run Paradigm, following GTS’s December acquisition of […]

NEW YORK – MitsuiPE, the private equity department of Mitsui & Co. (U.S.A.), Inc., invests in North American early-stage information technology and health-care companies solely for financial return. The firm also helps portfolio companies develop their business in Japan. Established in 1997, MitsuiPE is part of Mitsui & Co. Ltd.’s global private equity group, which […]

BELLEVUE, Wash. – Onyx Software Corp., a provider of enterprise relationship management software solutions, went public February 11, offering 3.1 million shares at $13 apiece. The stock priced above the company’s $9 to $11 filing range. Credit Suisse First Boston, SG Cowen and Piper Jaffray Inc. underwrote the initial public offering, which will leave 16.5 […]

ATLANTA/DALLAS In yet another sign of the abundant deal flow in the Southeastern United States, Monarch Capital Partners, a new venture fund dedicated to information technology investments, quickly landed three deals after an early January final close. Monarch is the latest of several IT-focused firms to spring up in the Atlanta region this past year. […]

PITTSBURGH/SANTA MONICA, Calif. – Wilshire Associates Vice President Erica Bushner will transfer in March to the advisory firm’s suburban Los Angeles office from its Pennsylvania headquarters to work more closely with venture firms. Investment analyst Patrick Wenzel, who was hired in January, will join Ms. Bushner in the satellite office. Wilshire’s limited partners have asked […]

MENLO PARK, Calif./PALO ALTO, Calif. – John Boyle, who recently departed Matrix Partners, joined Worldview Technology Partners in March as a general partner who will concentrate on data communications and telecommunications deals. Mr. Boyle, who had worked at Matrix for two and a half years, was one of several communications-focused partners at the firm, an […]

ORINDA, Calif. Intraware Inc., a developer of Internet-based business software, went public February 25, offering 4 million shares at $16 apiece. The company’s stock priced above its $13 to $15 filing range. The initial public offering, underwritten by CS First Boston, BancBoston Robertson Stephens and Hambrecht & Quist, left 23.53 million shares outstanding. There were […]