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Dan Primack

What follows are a bunch of VC deals culled from recent Regulation D filings with the SEC. They have not been otherwise disclosed: Schooner Information Technology Inc. has raised just over $15 million in Series A funding, according to a regulatory filing. Backers include CMEA Ventures and Redpoint Ventures. The Menlo Park, Calif.-based company says […]
I keep getting asked the same question by VCs who don’t invest in cleantech: “Do you think this is the next nanotech?” In other words: “Is an extraordinary amount of money being flushed away on a pipe-dream?” Yes and no. The affirmative part is that the investment ramp-up has been too rapid to be responsible, […]
A123 Systems, a Watertown, Mass.-based maker of lithium-ion batteries, has just filed for a $175 million IPO. It also disclosed another $102.1 million in venture capital funding — at $16.59 per share — for a total of more than $230 million. If that price per share were to hold, the company would be valued at […]
I spent some time on the phone earlier this week with Luke Nosek of The Founders’ Fund, to discuss his firm’s $20 million investment in private space launch services provider SpaceX. The company is run by Elon Musk, who co-founded PayPal alongside the Founders Fund partners. A few questions and answers: 1. Founders Fund usually […]
Bit of an odd situation going on with 3i Group, the UK-based private equity firm that officially bailed on early-stage investing earlier this year. Multiple secondary market sources have told me that the firm has put its entire U.S. venture capital portfolio up for sale (books just went out), while another reliable source forcefully insists […]
Later this year, Sezmi will roll out a set-top box that combines traditional television content with on-demand movies and Internet video. It will be a pricey endeavor, which is why the company has set out to raise $50 million in new venture capital funding. Sezmi (f.k.a. Building B) has retained Advanced Equities to place the […]
Enterprise storage company Agami Systems has shut down, sources tell peHUB. The Sunnyvale, Calif.-based company had raised around $90 million in VC funding since 2003, including a $45 million Series C infusion earlier this year. Advanced Equities led that round, and was joined by return backers New Enterprise Associates, Kleiner Perkins Caufield & Byers, Apex […]
What follows are seven VC deals culled from recent Regulation D filings with the SEC. They have not been otherwise disclosed: Voyage Medical Inc., a Santa Clara, Calif.-based cardiac medical device company, has called down $20 million of a $22.05 million Series B round. Kleiner Perkins Caufield & Byers and Three Arch Partners were joined […]
Venture capitalists don’t usually break news about their firms on NPR, but that’s what happened yesterday when Paul Maeder of Highland Capital Partners was being interviewed on Talk of the Nation. During a discussion of America’s economic future, Maeder noted that the “next wave of innovation will be in energy and environment.” Pretty interesting statement […]
Rising gas prices have led to lots of talk about alternative energy production, new drilling, etc. One thing that rarely gets mentioned, however, is increasing the amount of gasoline that can be produced from a barrel of crude. That’s the goal of Rive Technology, which has quietly raised $14 million in Series B funding. Nth […]
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