Dan Primack
Second quarter VC investment data was released over the weekend, from the MoneyTree Three of PricewaterhouseCoopers, National Venture Capital Association and Thomson Reuters (publisher of peHUB). As expected, it looked sluggish. Venture capitalists disbursed $7.44 billion to 986 U.S.-based companies, which is a hair lower than the $7.5 billion disbursed in Q1. It’s the lowest […]
What follows are seven VC deals culled from recent Regulation D filings with the SEC. They have not been otherwise disclosed: Spring Wireless Inc., a Sao Paulo, Brazil-based provider of mobile telecom services in Latin America, has raised around $56 million in Series C funding. Backers include Goldman Sachs, New Enterprise Associates, Darby Technology Ventures, […]
Q2 venture capital data won’t be finalized for a couple more weeks, but preliminary figures indicate that there won’t be much to celebrate. Deal volume numbers look lower than either Q1 ($7.47 billion for U.S.-based companies) or any 2007 quarter, and probably can’t be bright up to those levels unless some very big deals emerge […]
Stoke, a maker of convergence gateways for fixed and wireless broadband access technologies, is hitting up venture capitalists for yet another round of VC funding. The Santa Clara, Calif.-based firm is raising just over $40 million this time around, and plans to make a formal announcement in September (although posts like these have a way […]
The legal contretemps between Facebook and ConnectU are coming to a close, following a judicial ruling that enforces an existing settlement between the two sides. The decision is a loss for ConnectU, which had argued that the settlement was invalid because Facebook had fraudulently misrepresented its stock value. I could really care less about all […]
I spent part of my childhood and teenage years living in Worcester, Mass., which is affectionately known by locals as Wormtown. It has the second-largest population in New England (higher than New Haven or Providence), is the birthplace of diners and usually has some minor league sports teams. On the flipside, it has a shiny […]
What follows are a half-dozen VC deals culled from recent Regulation D filings with the SEC. They have not been otherwise disclosed: * Wi-Chi Inc., a Tualatin, Ore.-based mixed-signal fabless semiconductor startup, has raised $7 million in Series A funding. New Enterprise Associates led the deal, with Forest Baskett and Rohini Chakravarthy taking board seats. […]
This morning’s email included a funding item about Instinctiv, which has developed an iPhone app that can help users “rediscover” parts of their their music libraries. Basically, it uses past behavior to figure out which songs you actually want to hear, and which ones you want to skip. The Ithaca, N.Y.-based company has raised $750,000 […]
Josh Kopelman of First Round Capital yesterday wrote The Death of Stealth Mode. Here’s his intro: A pre-launch, stealth-mode company just closes a seed round of funding. Three weeks go by, and the news of the company’s funding starts appearing in VentureBeat, peHUB and Venturewire. The story is then picked up by mainstream tech bloggers […]
Scott Kirsner returned to Boston nearly two years ago, and has spent much of that time examining why Silicon Valley kicks our butt in terms of entrepreneurial success stories. I like to think it’s because local founders are hampered by a social expectation that they spend at least 161 nights watching baseball games (we’re all […]