Dan Primack
When I was out in Colorado earlier this year for VC in the Rockies, I discussed a presentation by Me.dium, which has developed an Internet browser add-on that “reveals the hidden world of people and activity behind your browser.” The company today announced that it has raised $15 million in Series B funding, so let’s […]
Amp’d Mobile should be in the midst of its first bankruptcy hearing right now, so let’s take a moment to clear up an outstanding issue. In its initial report on the company’s bankruptcy filing, MocoNews mentioned that two of the company’s investor board members had resigned. But it didn’t provide any specific information. Now it […]
Mayfield has opened an office in Mumbai, in order to continue an India investment strategy that previously had been run out of Silicon Valley by partners Navin Chaddha and Robin Vasan. Chaddha was recently interviewed at TiECon 2007, and shares some views on the Indian market: [youtube=http://youtube.com/watch?v=EROGxnTgJ4g home=true]
Amp’d Mobile has provided the U.S. Bankruptcy Court in Delaware with some additional background as to why it filed for Chapter 11 protection last Friday. I could summarize, but the Amp’d bankruptcy lawyers can write themselves some prose (albeit with a propensity for run-on sentences). What follows is from Amp’d, which refers to itself as Debtor: […]
If Last.fm was worth $280 million after raising just $5 million in venture capital, what about a social music company that’s raised more than $50 million? We may soon find out with Slacker Inc. peHUB has learned that San Diego-based Slacker recently raised $40 million in Series B funding, which comes on top of a $14.5 […]
Fresh off the rousing success of their Term Sheet series, the guys at AskTheVC have begun tackling the issue of compensation at VC-backed companies. This is must-read stuff for any entrepreneur in the process of raising venture capital, or who already has raised venture capital. After all, who else are you going to ask if you’re […]
One downside of taking venture capital from a public company is that the deal can wind up in an 8-K filing. At that point, startups have two basic choices: Ignore the filing and hope nobody notices, or grudgingly emerge from stealth mode. But there’s a big caveat: If your company was funded by Google, forget […]
3i Group is closing up shop in Boston (actually Waltham), as part of its continuing move away from early-stage investing in the U.S. The firm will continue to make later-stage venture deals out of its recently-consolidated Silicon Valley office, plus growth equity transactions from New York. The Boston office dissolution began when Allan Ferguson retired […]
CCTV has emerged as the latest wireless lovechild of Columbia Capital and Highland Capital Partners, with just over $70 million in Series A funding. Other participants included Telcom Ventures and Sopris Partners. If you haven’t yet heard of CCTV – or the funding round – that’s probably because neither Columbia nor Highland is willing to […]
When medical device company Asthmatx pulled its IPO last November, we reported that the company had been presented with a superior offer just 90 minutes prior to pricing. Not a buyout, but some sort of strategic investment. The lack of specificity implied that a publicly-traded company was probably involved. Six months later, we (finally) have […]