Mark Boslet
Summit Partners is raising $3.45 billion in investment capital in two news funds, according to documents filed with the Securities and Exchange Commission. (Correction: the original version of this story misstated the size of the funds and failed to point out that one was growth equity.) The Boston firm with offices in London and Palo […]
Bessemer Venture Partners is raising a new fund of more than $1 billion, according to industry sources. The fund is to fuel technology investments out of its United States, Indian and Israeli offices. The news of the new fund was first reported by Bloomberg, which said it could be as large as $1.5 billion. Few […]
What a combination! Former Massachusetts gubernatorial contender Charles Baker is giving up public life to become an executive in residence at General Catalyst Partners. The Republican, branded as out of touch with working families during last year’s elections, also is set for an appearance on the “Dancing with the Stars” competition this weekend, according to […]
There are few more certain measures of venture sentiment than an enthusiastic up round, and these more hopeful financings are on the rise. According to the latest Fenwick & West analysis, up rounds saw a noticeable increase in the fourth quarter. The law firm’s survey, released Thursday, found that 67% of deals were marked higher […]
Bettere Place Inc. today announced its first pricing plans, and anyone following the electrical vehicle market should take a close look. Better Place lets customers swap their rundown electric car batteries with fresh ones at service stations it is building. It also will monitor and meter electricity to customers for charging cars at home and […]
Is Facebook worth $60 billion? How about Zynga? Do I hear $9 billion? Should Groupon have turned down a $6 billion buyout offer from Google late last year? These are signs of an Internet valuation bubble. Want another one? Greylock Partners reopened its current $575 million fund and raised the cap to $1 billion. This […]
With most of the big bets on social gaming already made, venture investors are looking for the next new game to play
Nearly every top Silicon Valley VC firm is sending partners to explore New York City. Will they hit it big or drive up valuations?
The tech investment group typically invests in early stage deals
Incubators such as Y Combinator, TechStars and 500 Startups Accelerator are reshaping the seed company landscape. VCs know they need to respond. But they aren’t sure how. On Monday, five top firms including Charles River Ventures and Highland Capital Partners took a step at becoming more relevant in seed investing. They came together to form […]