Reuters News
A Canadian government-backed investment fund set up to help revive the country's ailing venture capital industry raised C$217.5 million ($198 million) at its initial closing, its backers said on Tuesday.
Cloud software maker VMware Inc said it would buy privately held mobile security company AirWatch in a deal valued at about $1.54 billion to tap into rising demand for software security, Reuters reported.
The venture capital arm of one of Canada's largest pension funds is raising a second, larger round of funding to invest in Canadian technology startups, its CEO told Reuters on Thursday.
Jan 14 (Reuters) - Kleiner Perkins Caufield & Byers has made a return of 20 times on the $20 million it invested in Nest Labs over the years following the company’s sale to Google Inc in a $3.2 billion deal, a person familiar with the situation told affiliated news service Reuters.
Jan 13 (Reuters) - U.S. venture funds raised $4.85 billion last quarter, up 53 percent from the same period a year ago, but full-year 2013 fundraising fell 15 percent compared to the year before.
Jan 10 (Reuters) - Care.com, an online marketplace for family care services, is seeking to raise up to $86 million in an initial public offering, valuing the company at up to $475 million.
Care.com Inc, an online marketplace for family care services, is seeking to raise up to $86 million in an initial public offering, valuing the company at up to $475 million, Reuters reported.
Bain Capital Ventures and Spectrum Equity are expected to take minority stakes in healthcare software provider MedHOK for $77.5 million, according to people familiar with the matter, sister news service Reuters reported.
Jan 7 (Reuters) - Battery Ventures has lured away Adrian Cockcroft, the engineer who remade Netflix’s streaming-entertainment service, to become the venture-capital firm’s first technology fellow, affiliated news service Reuters reported.
Jan 6 (Reuters) - Private equity fund manager Permira Advisers LLC is planning to take a controlling stake in LegalZoom.com, a provider of online legal documents that was going to go public, according to people familiar with the matter, affiliated news service Reuters reported.