Jonathan Marino
David Frankel is leading a group of investors to back New York-based startup Paddle8, the online art market. Founder Collective is joining the round, as is Mousse Partners. Frankel will join Paddle8’s board. PRESS RELEASE: NEW YORK, Feb. 9, 2012 — Founder Collective, one of the most reputed early-stage venture capital funds, with previous successful […]
Virginia-based startup timeRAZOR has added $3.4 million in funding. The company has been in stealth mode since June 2011. The online startup’s mission is to bring “a sense of serendipity back to our highly-scheduled world.” The company’s board of advisors includes Linda Abraham, co-founder of comScore; Eddie Amos, former Microsoft executive; and Gene Riechers, former […]
It looks as if 2012’s VC fundraising figures will be pretty robust—at least if New Enterprise Associates get their way.
Everyone knows cloud tech, storage, this & that, has come to the forefront of the consumer economy and many VCs’ attention. Before his passing, Steve Jobs planned Apple’s iCloud strategy and every streaming entertainment company is trying to host as much as they possibly can remotely—to say nothing of the enterprise possibilities for the space, […]
It’s been a pretty exciting last 12 months for Gideon Yu. And the last 12 months are coming full circle for him too—soon, he’ll be he may be getting back into investing. Yu’s new gig will be at his own fund Yu is considering becoming an advisor to a new early-stage venture fund, tentatively slated to […]
Google has lured former Clearstone Venture Capital venture partner Anil Patel onto its corporate development team as a principal. Patel, who could not be reached for comment, will remain in an advisory role with Clearstone, according to the VC firm (his bio doesn’t say so yet, though). Patel, who joined Clearstone in 2006, left over […]
According to Sequoia Capital’s website, “Santur Corporation is the world’s leading manufacturer of high-performance tunable lasers for metro and long-haul WDM systems. The company’s patented DFB-array technology enables the fabrication of broadly tunable sources at the same performance and costs as fixed wavelength sources.” I have absolutely no idea what that means, and, even after […]
Things haven’t been going so great over at the Pennsylvania State Employees’ Retirement System. It faces increasing obligations to pensioners, is over-allocated to private equity and has lost staff from its PE investment team. Against that backdrop, the $25 billion pension fund has been seeking buyers for as much as $3 billion worth of its PE investments, one […]
Shasta Ventures did the improbable, and topped its most recent fund, en route to a $265 million Fund III closing that it announced yesterday. What it didn’t announce, however, and what peHUB has confirmed with multiple sources, is that firm co-founder and Ravi Mohan is scaling back his duties at the firm. Mohan’s current title […]
Trulia, the highly addictive property browsing website, wants to follow competitor Zillow onto the public markets early next year, according to sources familiar with the situation. It is not clear when the company will file its S-1, or what the size of the offering will be, or at precisely what valuation. The company has not […]