Alastair Goldfisher
The Foundry Group led an $8.7 million Series A funding of Cloudability, which provides a platform to manage a user’s cloud services. As part of the funding, Foundry Managing Director Jason Mendelson and Jason Seats, managing director of Tech Stars Cloud and the founder of Slicehost, have joined the board. Also participating in the round are 500 […]
Mayfield Fund raised $365 million for its 14th fund, its third consecutive sub-$400 million fund. The fund, which reached its hard cap, was targeted at $300 million.
New York-based Hashable announced in an email to its subscribers that it plans to shut down July 25, a year-and-a-half after it launched. The company, which had provided an app that allowed users to keep track of the people they met or called, had raised seed stage funding from Union Square Ventures, Dace Ventures and […]
Synacor’s stock jumps 174% over its IPO, while Zynga and Groupon see a poorer performance
I’m ready to declare 2012 the year of the Facebook IPO. However, it remains to be seen whether that messy event a month-and-a-half ago will continue to adversely affect social media startups and VC-backed public offerings. It’s too close to the actual event to assess the long-term influence of a public offering that raised more […]
Beijing-based Yodo1, which helps bring smartphone games and apps from around the world to the China market, has raised $2 million in seed funding from Chang You Fund.
Practice Fusion, which operates an electronic medical record platform for 150,000 medical providers, has raised a $34 million Series C round of funding led by Artis Ventures. Other investors in the round include Felicis Ventures, Band of Angels, Founders Fund, Morgenthaler Ventures and SV Angel. among other institutional and individual investors. The company says it has now raised $64 million in total funding since it was launched in 2007.
Late stage investor Institutional Venture Partners, an investor in Twitter and Dropbox, raised $1 billion for IVP XIV, its largest fund to date.
Although the sock puppet and Pets.com are more than 10 years in the past, many might think investors are barking up the wrong tree, as VCs show a new interest in the online pets sector
Los Angeles-based FastPay has raised an additional $25 million in funding. The funding is comprised of a senior credit facility from Wells Fargo Capital Finance and a subordinated debt and equity investment from SF Capital Group.