Dan Primack
Updated after jump Some startups and their VCs have gotten wise to providing too much information in their Form D filings, particularly if the issuer is still in stealth mode. For example, I remember one company that filled in the Brief description of business box by saying that its “Business is aimed at making money.” But […]
“What are these regulatory filings you often cite? I’ve searched in Edgar, but can’t find them.” I get that question at least a few times per week, particularly when said filings have led to news of an unannounced venture capital deal or private equity fundraising effort. The answer is that the filings are Form Ds […]
Another day, another electric vehicle manufacturer is raising venture capital. peHUB has learned that the latest is Phoenix Motorcars, which is neither based in Phoenix nor makes cars. Discuss… The company is actually headquartered in Rancho Cucamonga, Calif., and makes electric SUVs and SUTs that can get 130 miles out of a 10-minute charge (or […]
Jim Breyer of Accel Partners has led his third Web 2.0 investment. Given that his first two were Facebook and Brightcove, it’s worth taking note. His latest is Global Grind, which has called down at least $3.5 million of a $4.5 million Series A round led by Accel. The New York-based company was recently launched by former executives of 360hiphop (later acquired by BET Interactive), including: […]
You wouldn’t think that I could – or would even want to – write more about Citrix’s $500 million acquisition of XenSource, but it turns out I neglected two interesting nuggets yesterday. So here they are: *** As we discussed yesterday, XenSource was originally seeded by Sevin Rosen Funds, Kleiner Perkins and Kleiner Perkins partner […]
Citrix yesterday made waves by agreeing to buy virtualization software company XenSource for $500 million in stock and cash (60/40 split). XenSource had previously raised around $38 million in VC funding from Kleiner Perkins, Accel Partners, New Enterprise Associates and… Sevin Rosen Funds. That would be the same Sevin Rosen Funds that last October suspended […]
A former editor used to refer to what follows as “inside baseball” — and suggested that most readers could care less. So feel free to move on, and assume there is nothing to see here. But for the more voyeuristic… Yesterday I reported that a company called KickApps had raised $20 million in Series B […]
Last week I asked a pair of quiz questions. Here are the answers: Q: Can you name the West Coast buyout firm that just raised its fundraising target to $5 billion? Hint: It doesn’t do cleantech, but you would be forgiven for thinking that it did. A: Golden Gate Capital, which previously had been considering a […]
Update: The original post incorrectly stated that KickApps had raised $20 million in Series B funding. It seems that the $20m figure — which seemed confirmed by this SEC filing KickApps.pdf — included the Series A, Series B and some venture debt. Apologies for the error. KickApps, a developer of social networking tools for existing websites, has raised $11 million […]
Venture capitalists often use their children to help assess new technologies. Maybe some are also using their parents. peHUB has learned that GreatCall Inc. recently raised around $36.6 million in venture capital funding, from Charles River Ventures, Nauta Partners and Steelpoint Capital Partners. The Del Mar, Calif.-based company provides mobile phones and services for people who still […]