Connie Loizos
Sanu Desai probably knows venture-backed M&A as well as any investment banker, and as the year winds down, we asked for Desai’s perspective on the sluggish tech M&A market, private company valuations and what sectors he expects will drive deals in 2013.
San Diego-based Tealium, whose software allows digital marketers and Web analytics pros to use a drag-and-drop interface to manage all their page tags, has hired Jeff Lunsford as CEO. Lunsford, most recently the president, CEO and chairman of Limelight Networks, begins in January.
3M New Ventures, the venture arm of 3M Company, is investing in and collaborating with VocalZoom, a three-year-old maker of speech enhancement technology based in Israel. Terms of the deal were not disclosed.
YouScribe, a Paris-based startup focused on digital document publishing and sharing, has raised €2 million from investors, including Iris Capital and individual investors Philippe Oddo and Bruno Emsens. Previous investors Thierry Dassault, Habert Dassault, Benoit Habert, the Gilberte Beaux family and Henri and François de Maublanc also participated in the funding.
Entrepreneurs get absorbed into big companies every day when their startups are acquired. When they eventually leave, as so many do, the smart ones exit gracefully. You can put Tobias Peggs in that camp; here's why.
The soft-spoken CEO of Zappos, has been extraordinarily successful throughout his career, and is now trying to transform 1.5 miles of arid, dust-caked downtown Las Vegas into a bustling entrepreneurial center, using up to $350 million of his own money
According to a new SEC filing, Innovate NY -- a New York state -focused fund of funds backed by federal money -- has raised a fresh $45.3 million and could raise an “indefinite” amount more.
TechStars, the popular accelerator program, is now accepting applications for its spring 2013 program in New York City; the program will be headed for now by Interim Managing Director Nicole Glaros, who has run five TechStars programs since 2009. In Glaros's absence, the organization has promoted Luke Beatty, a mentor to its Boulder-based TechStars program, to managing director. Beatty was formerly VP of Communities and Local at Yahoo after his company, Associated Content, was acquired by Yahoo in 2010.
Kleiner Perkins Caufield & Byers, the Sand Hill Road venture capital firm, is launching what it's calling the KPCB Design Council and Fellows Program, a three-month-long work program in which students will work on the design challenges of KPCB-backed startups in exchange for mentorship and leadership, including from "best-in-class" designers, and community.
Though the cat was basically out of the bag by Saturday, the news is now official: Andreessen Horowitz, the firm founded in 2009 by Ben Horowitz and Marc Andreessen, has hired Chris Dixon as its newest partner. In a twist, though, the New York entrepreneur and investor is moving to California.