Connie Loizos
Revolution Growth, the growth venture fund co-founded by former AOL chief Steve Case, has made three of its six investments to date in the last two months. The biggest of those investments is a $40 million investment in BigCommerce.
Preqin, the private equity data provider, has this morning released a new report featuring details about which funds it deems the most consistent outperformers among private equity, venture capital, and fund of funds managers.
OpenIncubate, a new accelerator program formed to fund teams using open source IP to transform IT infrastructure, launched today with commitments from Austin Ventures, Battery Ventures and The Valley Fund. The program offers seed funding, work space, and mentorship, with no pre-defined limit on the dollars invested or the number of teams allowed into the program. Qualifying companies or teams of entrepreneurs must be software, software-as-a-service, and/or hardware-oriented. Applications are currently open at OpenIncubate.com.
You may not have heard of Famo.us yet. But every software engineer worth his salt is trying to land a job at the 11-person company, suggests its cofounder, Steve Newcomb.
Ted Leonsis thinks Revolution has found a pioneer in one of the "few undiscovered big segments that haven't been transformed by the Web at scale." Its name is Optoro.
Ayasdi is a 50-person startup that’s automating the insights that companies can glean from their own data, and today, it’s announced that it has raised $30.6 million from Institutional Venture Partners, Citi Ventures and GE Ventures. The money looks like a smart bet.
Product-naming expert David Placek says the monikers chosen for some new venture funds leave a lot to be desired. Find out who missed the mark.
Volition Capital, a Boston-based growth equity firm, has raised $80 million toward its second fund, according to an SEC filing.
Investors are no longer head over heels for China as just 26.9% of those surveyed recently characterize the evolution of private equity and venture capital in the country as "very good" or “fairly good."
It’s cause for celebration, if only a little. According to the newest data out of Cambridge Associates, U.S. private equity and venture capital funds bested public equities in the fourth quarter of last year, returning 3.5 percent and 1.2 percent, respectively. The Dow Jones Industrial Average, the Nasdaq, the Russell 2000, and the S&P 500 all showed negative returns in comparison.