Connie Loizos
This week, I was able to catch up with two wealth managers who always offer keen insights into how their ultra high-net-worth clients are feeling about things. These days, as it turns out, those clients aren't feeling so great.
The Brussels-based, publicly traded chemical group Solvay has made an investment of five million euros in a new, Green Seed Fund, launched by the venture capital firm Sofinnova Partners. The fund recently held its first close, having collected 22.5 million euros.
The Churchill Club, a renowned business and technology forum in San Jose, Calif., has brought aboard four new board members: Jonathan Becher, CMO of SAP; Deep Nishar, senior vice president of products and user experience at LinkedIn; Paul Saffo, managing director of foresight at Discern Analytics; and Chris Stedman, head of venture capital relationship management at SVB Capital.
IDInteract, a new, Seattle-based marketing analytics startup, has raised $700,000 from undisclosed funding sources. The company is being led by CEO Matthew Standish, a former chief information architect at T-Mobile.
Fenox Venture Capital of San Jose, Calif., has invested in the Tokyo-based flash animation company Dream Link Entertainment in a $5.7 million round.
ClearStory Data, a Palo Alto, Calif.-based company that's developing new tools to explore corporate data, has raised a $9 million Series A financing from Kleiner Perkins Caufield & Byers. The company's seed round investors, Andreessen Horowitz and Google Ventures, which gave the company and undislosed amount of money back in March, also participated.
Doodling may not sound productive, but done the right way, it can help energize, organize, and sell a startup’s mission. So says Kevin Cheng, a well-regarded designer who spent years developing products at Yahoo; Raptr, the social network for gamers; and Twitter, and who more recently cofounded Incredible Labs
Both PE and VC funding dramatically accelerate sales and job growth of their small-and mid-size recipients, according to a new study out of Pepperdine University and the Institute for Exceptional Growth Companies (IEGC), created through a three-year grant from the NASDAQ Educational Foundation.
For many U.S. -based startups, European privacy standards remain an afterthought. To find out why that's so dangerous, we called up Phil Lee, a freshly-arrived-to-Silicon Valley attorney who heads up the U.S. practice of London-based Field Fisher Waterhouse, and who specializes in helping U.S. companies understand the black box that is European privacy law.
Venture capital funding in the life sciences sector, which includes the biotechnology and medical device industries, gained in Q3 in terms of dollars compared to the second quarter of 2012. But the sector still trended downward for the year, according to a new PwC US report that includes data from the PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters.