Mark Boslet
Venture capitalists pulled back in the first quarter, investing $5.8 billion in 758 deals and shifting money to later-stage companies ahead of an improving IPO market.
Big data software maker Splunk floated shares at $17 this morning, and they are presently trading at $32.01, an 88.3% rise. The San Francisco company priced them above its anticipated $11 to $13 range and raised $229.5 million.
First Round Capital is raising a $135 million fourth fund, according to a filing Monday with the Securities and Exchange Commission. So far it appears the fund hasn’t had a first close.
The University of Texas Management Company is among the largest investors in Roger Ehrenberg’s second fund, with a 30% stake of his new IA Ventures Strategies Fund II, according to a recent UTIMCO portfolio report.
In the case we missed anything on Day 1 and Day 2 of PartnerConnect 2012 last week, you can be sure we covered it on Day 3.
Peter Buhl, co-founding partner at BlueRun Ventures, jumped from investing in startups to helping to run one. The 12-year veteran investor joined AppCentral as chief operating officer.
Morning sessions brought to the stage Greg Mondre of Silver Lake and Steven Klinsky of New Mountain Capital. By late afternoon, attendees heard from Alan Patricof at Greycroft Partners and Jeffrey Bussgang of Flybridge Capital Partners.
Forty-two funds raised $4.88 billion during the period, a 35% decrease in dollars from the first quarter a year ago and a 22% drop from the fourth quarter, according to data from the National Venture Capital Association and Thomson Reuters.
Streetline, Inc. said it received a $25 million credit facility from Citibank in collaboration with IBM for cities to adopt new parking technologies without upfront costs. Streetline’s parking platform detects the presence of a car through a network of ultra-low power wireless sensors located in individual parking spaces and the information is then made available […]
Like many LPs, the Indiana Public Retirement System pulled back on its venture investments when the global crisis up ended financial markets in 2009 and 2010. But not as much as you might think.