Connie Loizos
Seattle-based W Fund, a $20 million, university-focused fund that officially closed on May 31, officially launched today, according to its managing directors. The fund aims to back startups spun out of the University of Washington and other state research institution and its decisions will be made by an investment committee that Tom Alberg and Greg […]
Geneva-based Emergo Ventures is expanding its investing scope, according to the firm; its focus now includes so-callled Computer Aided Facility Management (CAFM), Building Information Modeling (BIM) and Intelligent Workplace Management (IWM). PRESS RELEASE: Dr. Mike Balm, CEO of the Emergo Group, today announced that Emergo Ventures, the venture capital investment organization within the Emergo Group, is […]
London-based Agem Capital Management — a firm that connects foreign family offices, wealth managment groups, external asset management companies of foreign private banks, venture firms, and private equity firms with companies needing financing — says it’s managing the most recent funding of EvText, a Brooklyn-based data mining software developer. PRESS RELEASE: LONDON, UK, Jun 20, 2012 […]
When last week, Kleiner Perkins filed a motion to compel private arbitration, it seemed the world might never find out what will happen with partner Ellen Pao's lawsuit against the firm. But experts see a sizable hole in Kleiner's argument.
EdenIQ, a Visalia, Calif.-based sustainable fuel company, has received a $3.9 million grant from the California Energy Commission as part of California’s Alternative and Renewable Fuel and Vehicle Technology Program, which provides funding for the development of new, California-based biofuel production facilities. Edeniq’s venture backers include Kleiner Perkins Caufield & Byers, Draper Fisher Jurvetson, Flint Hills Renewables, […]
Enterprise perks management platform ChoicePass has been acquired by Salesforce, says the company, which further states that its employees will be joining Salesforce, while its site and operations will shutter at month’s end. ChoicePass was founded one year ago and had raised $250,000 in seed funding. Terms of its acquisition by Salesforce are not being […]
Chicago-based SingleHop, an infrastructure-as-a-service startup, hass recently hired Chris Locke as CFO. PRESS RELEASE: SingleHop, LLC., a leading Infrastructure-as-a-Service (IaaS) and web hosting provider based in Chicago, has recently hired Chris Locke as Chief Financial Officer (CFO). Chris will be responsible for the accounting, finance and administrative functions of the rapidly growing web hosting company. […]
Clean World Partners, based in Gold River, Calif, has received a $6 million grant from the California Energy Commission (CEC) to increase the capacity of its organic waste recycling center in Sacramento. The expanded center, ground for which was broken last week, will initially will convert into renewable natural gas 25 tons of food waste per […]
Kleiner Perkins didn't disappoint those eager to hear its response to claims by Partner Ellen Pao that the firm had discriminated against her because of her gender. Its seven-page legal answer refutes every claim made against it.
Legal experts say Kleiner has three options to respond to Partner Ellen Pao's discrimination suit: (1) answer the complaint, in which the firm would largely deny the allegations that are most critical to Pao’s claims; (2) file a motion to dismiss the lawsuit or (3) file a countersuit.