Eamon Murphy
Michael Linse, formerly a partner with Kleiner Perkins Caufield & Byers, has raised another $22 million in funding from 19 investors, according to a regulatory filing. The filing said the name of the fund is Linse Capital CP II, indicating it is the second fund of the Menlo Park, California-based firm. It is unclear if Linse […]
China was the focus of two funds, according to regulatory filings with the Securities and Exchange Commission. For one, Redpoint Ventures raised $180 million for its ACE Redpoint Ventures China I fund, according to a regulatory filing. The filing indicates Partners David Yuan, Tony Wu and Reggie Zhang will manage the fund, which was raised from 25 LPs. Yuan launched […]
Nasdaq Private Market is partnering with Scenic Advisement to offer broker services for private companies or their employees looking to sell equity. Based in San Francisco, Scenic Advisement facilitates the sale of high-growth, late-stage private company stock, enabling founders and employees to cash out through secondary sales, or companies to raise primary capital. Co-founder Michael Sobel, formerly Americas Head of Equity Trading […]
The fourth quarter got off to a slow start for venture firm fundraising, as only a handful of firms reported closes or filed to raise new vehicles. One of the more notable fund announcements came from Chicago-based venture firm Corazon Capital, which raised $37 million for its second fund from 38 investors, according to a regulatory […]
Signia Venture Partners has raised $85 million for its second fund, according to a blog post. The Menlo Park, “When we started Signia four years ago, we wanted to build a firm that reflected the type of investors we would have wanted to work with in our entrepreneurial careers,” the blog said. “It all began with […]
Before Adrian Fortino joined Mercury Fund, an early-stage venture firm investing in startups in the middle of the United States, he ran two Detroit-based seed funds. One was technology-focused, targeting healthcare, transportation and industrial applications; the other was industry-agnostic, intended to help revive the economy of Southeast Michigan. That dual experience taught Fortino that “it’s much […]
Tim Anglade, who recently joined Scale Venture Partners as an executive-in-residence, said he’ll be doing a bit of “advising and helping around all the usual topics” in his new role at the Foster City, California-based firm. Most of his time will be spent on a project called “The Startup Tapes,” a series of conversations with successful founders on topics […]
A weekly roundup of VC fundraising, based on original reporting and VCJ analysis of regulatory filings. Included at the bottom is a downloadable Excel file of firms in registration, as compiled by VCJ. Spectrum 28 has raised $170 million for its debut fund. The limited partners of Spectrum Fund I include financial institutions, family offices […]
Avalon Ventures, which invests in a mix of life sciences Internet and tech deals, announced it is targeting $300 million for its 11th fund and has held a $116.5 million close. The firm was founded in 1983 by Kevin Kinsella and has backed a number of companies that have gone public in recent years, such […]
Tom Naughton, formerly managing director at NeoCarta Ventures, joined private equity firm New Energy Capital Partners LLC, according to his LinkedIn profile. Naughton’s new role is chief financial officer. Founded in 2003, New Energy invests in renewable power infrastructure assets. The firm has offices in Boston and Denver. Naughton co-founded NeoCarta, which is currently inactive, in 1999 […]