Mark Boslet
Give an entrepreneur the freedom to innovate and “you have a changing of the economic order,” says Franklin “Pitch” Johnson, founding partner of Asset Management Company. One example of this is that Facebook founder Mark Zuckerberg recently moved in across the street, Johnson said.
Cleantech is out of favor. Sure, Nuventix just raised another $6.9 million, and Accel this week put $6.7 million into Vigilent, with the help of several angels. But even as startups such as BrightSource Energy appear to press ahead with IPOs, Enphase Energy this morning cut the expected price of its offering to between $6 and $7 a share.
Cisco Systems said it will buy privately held ClearAccess. No terms were disclosed. The Vancouver, Wash., company makes TR-069-based software to help service providers with the provisioning and management of residential and mobile devices. PRESS RELEASE Cisco Announces Intent to Acquire ClearAccess Acquisition Enhances Cisco’s Network Management Capabilities, Enabling Service Providers to Better Deliver, Manage […]
Loyola University Maryland said it launched a business accelerator near the school’s North Charles Street campus. The project is a partnership with Wasabi Ventures, which will provide staff to manage the accelerator, funding for start-up companies, internships for Loyola students, and the expertise of general partner Thomas “T.K.” Kuegler. PRESS RELEASE Loyola University Maryland to […]
Accel Partners is sticking to what it describes as a targeted approach to cleantech investing. The firm is set to unveil on Tuesday its lead role in a $6.7 million round for Vigilent along with a vow to continue deal making.
With the memory of the stock market bust just beginning to fade, the INPRS stepped up venture investing in 2005, matched the pace in 2006 and maintained a steady clip of fund sign-ups through 2009, according to a peHUB analysis of its recent private equity portfolio report.
Companies these days can go far on little cash, so the trade off may be less a question of survival than speed. This was the perspective of several general partners Thursday afternoon at the Plug and Play Expo in Silicon Valley.
DFJ Esprit said its plans to launch an Angel Co-Investment Fund, giving business angels, entrepreneurs and qualifying individuals the ability to invest in funds managed by DFJ Esprit. Changes unveiled in the United Kingdom budget bring the Enterprise Investment Schemes (EIS) and Seed Enterprise investment Scheme (SEIS) closely into line with the traditional VC model […]
The Senate on Thursday voted 73 to 26 to pass the "JOBS ACT," which would make it easier for small firms to raise capital and complete initial public offerings.
The enthusiasm is evident at Greylock Partners, which has made security investing a greater priority for the firm this year, says Partner Asheem Chandna.