Mark Boslet
Horizon Technology Finance Corp. said it provided a $3 million venture loan to VidSys Inc. on Nov. 15. VidSys develops information security software.
Venture investors put $6.46 billion to work during the year, down from $9.61 billion in 2011, the Cleantech Group reports. The number of deals came in at 704, which was down 15% from a year earlier...
Attivio said it raised $8 million in funding from General Electric Pension Trust. The money comes on top of the $34 million it raised in October from Oak Investment Partners.
In 2012, the 10 largest funds raised nearly $10 billion, as mid-sized funds went into retreat
Simon Cook of DFJ Esprit talks about the venture industry in Europe and how U.S. LPs are investing as much in Europe as European LPs
The Series A crunch boils down to this: Too many seed fundings, too few follow-on A financings. In other words, excessive supply and limited demand. So if you want to get your arms around the expected funding shortfall, do the math. That’s what CB Insights did in a recent study.
IFTTT said it raised a $7 million Series A round led by Andreessen Horowitz and joined by New Enterprise Associates and Lerer Ventures. Andreessen's John O’Farrell joins the board.
Intel Capital said Thursday that it has invested more than $300 million so far in 2012 in more than 50 new company investments and more than 70 follow-on financings. The organization said in a news bulletin than 59% of its investments were outside North America as it entered Spain and Ghana for the first time. Thirty portfolio companies exited during the year so far through IPOs and acquisitions.
Pluribus Networks said it raised a $23 million Series C round funding led by Menlo Ventures and joined by existing investors New Enterprise Associates, Mohr Davidow Ventures and others. Pluribus Networks previously closed a $17.5 million Series B round in April of 2011.
FundersClub said it completed investments in Coinbase, Sponsorfied and Tracks.by. The investments, along with those in Virool and FundersClub itself, are the first made by the online marketplace that lets accredited investors become equity holders in managed venture capital funds . The companies are among the Y Combinator summer 2012 batch. Investments by the 5-month-old investment platform now total $1.3 million.