Dan Primack

Earlier this year, we discussed a white paper aimed at defining the responsibility of directors at VC-backed companies. The authoring group has since expanded and produced an updated version (download here: SimpleGuide_2.pdf), so let’s revisit. To begin, pardon some liberal plagiarism from my original column: “The paper’s basic premise is that VC-backed boards are particularly […]

Lithium ion battery maker A123 Systems today announced that it has raised $30 million in fifth-round funding, and peHUB has learned that the deal came with a post-money valuation of approximately $350 million. This makes A123 the best-capitalized private company in the next-generation battery space, and probably the most-highly valued to boot. The round did […]

Venture capitalists invested $7.1 billion in the third quarter, according to MoneyTree data released today by PricewaterhouseCoopers, The National Venture Capital Association and Thomson Financial. This represented a slight decrease from the $7.2 billion raised in Q2, but a rise over the $6.8 billion invested in Q3 2006. I’ll have a bunch of proprietary data […]

What follows is a set of VC funding items culled from recent Regulation D filings with the SEC. None of these deals has been otherwise announced: * Tumblr Inc., a New York-based Web 2.0 startup, has raised $750,000 in Series A funding from Spark Capital and Union Square Ventures. Bijan Sabet of Spark has joined […]

I’ve written about countless tech startups over the years, but only a handful have enough “cool factor” for me to discuss them with friends who typically roll their eyes whenever I talk shop. The latest in this limited pantheon is LiveScribe, which has closed a $22 million Series A round led by VantagePoint Venture Partners. […]

Visible Technologies, a Seattle-based provider of Internet brand and reputation management services, announced last month that it had raised $12 million in Series B funding from Ignition Partners and WPP Group. But an October 4 regulatory filing puts the amount at $29.65 million. So what gives? Company CEO Adam Selig explains that the filing was […]

Replacement bladder company Tengion has raised around $33 million in Series C funding, peHUB has learned. Deerfield Partners came aboard as a new investor, and was joined by return backers Bain Capital Partners, Healthcap Venture Capital Johnson & Johnson Development Corp., L Capital Partners, Oak Investment Partners, Quaker BioVentures and Scheer & Company. Existing debt lenders […]

Online casual gaming company Oberon Media announced in May that it had bought UK-based mobile gamer I-play. It also said that it had raised additional venture capital funding, and that I-play investors would become Oberon shareholders. But no financial details were disclosed. Oberon also didn’t report how much it paid two months later for PixelPlay, […]

What follows is a set of VC funding items culled from recent Regulation D filings with the SEC. None of these deals has been otherwise announced: * Metastatix Inc., a Tucker, Ga.-based drug company focused on cancer and HIV, has raised $20 million in Series B funding. Frazier Healthcare Ventures led the deal, and was […]

Running an Internet video infrastructure company is a lot like being Paris Hilton on the Vegas party circuit. Just show up, and you’re likely to get paid. peHUB has learned that the two latest examples are Move Networks and Acinion, which have raised a combined $50 million in follow-on venture funding. American Fork, Utah-based Move got the larger stash […]