Connie Loizos
This week marks the one-year anniversary of Facebook’s public offering, and the market is still feeling its impact. Here's how.
Work Market has raised $10 million in a round led by Softbank Capital and joined by existing backers Spark Capital and Union Square Ventures.
The Virginian venture firm raised $109 million for its previous fund, which closed in 2009
LPs were slow and methodical in their due diligence process, more so than in 29 years that the firm has been in business
CapLinked, a Los Angeles, Calif.-based startup whose cloud-based platform enables investors to manage business transactions like mergers, acquisitions, financings, asset sales and reporting, has closed on a Series A round that the firm has been assembling since last year. The round, which is being closed with $2.1 million, includes new investors Conversion Capital, Inflection Ventures, and The Artesian Group. Previous investors in the company include 500 Startups and venture capitalist Peter Thiel. To date, CapLinked has raised more than $3 million.
This week, two widely read pieces have been published about the trials and tribulations of Kleiner Perkins -- and how it plans to regain its spot at the top of the venture capital universe. But neither addresses the biggest issue confronting the 41-year-old firm.
TenFarms, a Los Angeles, Calif.-based startup focused on advertising technologies for smartphones and tablets, has raised $2.7 million in funding from undisclosed sources, in what the company is characterizing simply as "angel funding." The money, says TenFarms, will be used for further development of its applications.
Fastback Networks, a San Jose-based mobile infrastructure company, has closed a $15 million round led by the venture firm Matrix Partners. Existing investors, including Foundation Capital; Granite Capital; and Juniper Networks, through its Junos Innovation Fund, also participated in the Series B financing. Fastback Networks raised $11 million in Series A funding in 2011.
Despite the popularity of Facebook and Instagram, a growing number of smartphone users are clearly looking for alternative communications platforms. The question is whether such new apps are real businesses, or if they’re just as evanescent as the technology solutions they provide.
The race to become the most sought-after analytics provider to brick-and-mortar retailers is on, with RetailNext bagging a $15 million Series C to help retailers track their customers' every move.