Alastair Goldfisher
Longtime innovator Balaji Gopinath has left corporate VC to launch Twelve Venture Capital and focus on the so-called flyover U.S. regions: the South, Southeast and Midwest. Gopinath and fellow founding GP Ron Yerkes, who formerly led the accelerator programs at RocketSpace, launched the firm this year and are seeking to raise a $50 million inaugural fund, […]
The videoconferencing startup Zoom last week filed to go public after several weeks of speculation that it would join the 2019 IPO parade. The company could go out as soon as April on Nasdaq under the ticker ZM. The San Jose, California, company was founded in 2011 and had raised more than $145 million in […]
San Francisco-based Cleo, which helps provide a family support system for working parents, announced it raised a $27.5 million Series B round from New Enterprise Associates and angel investors that include former Yahoo CEO Marissa Mayer, LinkedIn CEO Jeff Weiner, Levi Strauss CEO Chip Bergh, Box CEO Aaron Levie and former GE CEO Jeff Immelt.
San Francisco-based HoneyBook, provider of a financial and business management platform for freelancers, announced it has raised $28 million in a Series C round of funding. Citi Ventures led the round with participation from all existing investors, including Norwest Venture Partners and Aleph.
New York-base Fetcher, provider of a recruiting platform that uses AI and human expertise to find top talent, announced it has raised $5.4 million in an oversubscribed seed round led by Accomplice and Slow Ventures, with full participation by existing investors Picus and Revel Partners. The round also included individual investors Paul English (founder of Kayak), Amol Sarva (founder of Knotel) and James Joaquin (co-founder of Obvious Ventures).
The law firm Perkins Coie announced the launch of its TechVenture Index to provide a measure of the emerging growth tech and VC sector. The index was developed in collaboration with Michael Ewens, associate professor of finance and entrepreneurship at the California Institute of Technology.
Venture capitalists are a peripatetic bunch. They fly around the world to meet with prospective investment opportunities. And once on the ground, they enter a stream of carshares, riding from one get-together to the next. In that regard, the annual South by Southwest conference is perfectly suited for traveling VCs. And if they’re feeling adventurous, […]
With data analysis becoming more prevalent at venture firms, microfund managers, accelerators and individual investors might feel left out of the trend. After all, smaller funds and angels typically have limited budgets and are unable to pour resources into hiring data scientists and creating advanced analytics to drive deal flow and perform due diligence. That’s […]
Robert Zangrillo, a real estate developer and venture capitalist from Florida, is among the 50 people alleged to have participated in a national college admissions cheating scam, code named “Operation Varsity Blues” by U.S. federal prosecutors. Zangrillo and other wealthy individuals reportedly bought their children’s way into elite colleges nationwide, according to court records released […]
Y Combinator announced last week that Sam Altman will step down as president and transition to a new role as chairman. Y Combinator said his duties as president will shift to other partners. In his new role, Altman will spend more time focusing on the nonprofit OpenAI and other pursuits. In addition, the incubator said that it's looking for space to move its headquarters and demo days to San Francisco from Mountain View, California.