Mark Boslet
Forerunner Ventures said it raised an institutionally backed $40 million seed fund. The firm said it will investing in up to 25 companies, making initial investments of $250,000 to $500,000 in seed and Series A deals. PRESS RELEASE Forerunner Ventures Closes $40 Million Fund To Invest in The Next Generation of Digital Commerce Startups San […]
New Enterprise Associates formally announced the close of its 14th fund on Wednesday, reporting that it raised $2.6 billion, or slightly more than the $2.3 billion target the firm set in March.
Ted Driscoll was named director at Claremont Creek Ventures and will lead the digital healthcare team. He was previously a technology partner. Driscoll has sourced and led four healthcare deals at Claremont: GigaGen, GeneWeave Bioscience, Zipline Medical and Cureus. PRESS RELEASE CLAREMONT CREEK VENTURES PROMOTES TED DRISCOLL, PhD TO DIRECTOR Driscoll to lead the Digital Healthcare […]
Growth stage investor Tenaya Capital said Tuesday it raised a $372 million sixth fund, its first since spinning out of Lehman Brothers in 2009.
Venture capital confidence in business conditions ahead retreated in the second quarter with Facebook’s bungled IPO casting a shadow over prospects for startup company liquidity, according to the Silicon Valley Venture Capital Confidence Index.
Cendana Capital has closed on $60 million of capital for its seed-based fund of funds, according to a Securities and Exchange Commission filing.
Venture-backed companies mature enough to sell shares to the public haven’t been rushing the door. Only 10 companies have floated shares since the start of May. But those that have enjoy pretty good results.
Dell Ventures unveiled a $60 million early stage investment fund, the Dell Fluid Data Storage Fund, to invest in five to 10 storage startups. The corporate VC said average investments would be $3 million to $5 million a round. The fund is to complement M&A and internal R&D. PRESS RELEASE Dell Is Fueling the Next […]
Venture capitalists across the globe are more confident about raising money from abroad than at home, and more confidence about investing domestically than overseas.
Trident Capital said Gustavo Alberelli has joined the firm as a managing director focusing on late-stage and growth equity investments. Alberelli was previously at Kennet Partners, where he led growth equity investments in technology companies, typically as the first institutional investor. PRESS RELEASE Trident Capital Appoints Gustavo Alberelli as Managing Director Late-Stage, Growth Equity Experience […]