Mark Boslet
Crowdsourcing startups are hot again, with investors spurred on by one sizable exit and talk of an IPO or two next year
The next big thing in cleantech is grid energy storage—it’s a multibillion-dollar market ripe for innovation
Charles Carmel Plans to Hold a Steady Course on M&A, But He May Increase Venture Investing
I normally don’t blog about other blogs, but today I break the rule to weigh in on speculation that Kleiner Perkins Caufield & Byers is turning away from cleantech. This shift in focus is suggested in a Fortune piece claiming that the storied VC firm is refocusing on its so-called sweet spot: the Internet. The […]
A lot has been said about the health care reform shepherded by the Obama Administration and passed by the 111th Congress–both good and bad. In venture, there is an uncertainty over how the legislation will unfold and which startups will have the best chance of prospering. Some believe efforts and technologies to migrate retirees to […]
While you were feasting on turkey and trimmings, Canadian venture capitalists were hard at work. Covington Fund II Inc. said Thursday it won approval to combine with five VenGrowth Asset Management funds. It offered no financial terms for the transaction, though VenGrowth assets are roughly $320 million. According to Covington, the deal will produce one […]
The Internet is littered with search engines that tried and failed to stand up to Google, but Blekko backer Saad Khan doesn’t expect the same fate for his startup. “I don’t need to have a $100 billion company to call it a success,” says this CMEA Capital partner, whose firm, along with Marc Andreessen, Ron […]
More money is flowing into the German cleantech industry. Magdeburg based Azzurro Semiconductor AG said Wednesday it raised $19.3 million in funding from a group of international cleantech investors. New investors Emerald Technology Ventures, Wellington Partners and Good Energies contributed to the round, according to a press release. Existing investors Cedrus Private Equity and IBG […]
Another suggestion of an Internet bubble surfaced this week amid mixed signals on the overall portfolio valuations. A survey from Fenwick & West found that company valuations in the Internet/Digital Media business outperformed those in other industry sectors. Overall 52% of 107 companies receiving financing in the third quarter negotiated up rounds. Thirty percent accepted […]
Accel Partners and The Carlyle Group announced Monday they made a minority investment in the Australian foreign exchange payments company OzForex Group. The unusual partnership—this is Accel’s and Carlyle’s first deal together—will give Sydney-based OzForex growth capital to consider acquisitions, develop complementary product offerings and expand into North America, Europe and Asia. A press release […]