Sandeep Khare
The fundraising picture for new venture funds just keeps getting rosier. Eighteen new managers raised a combined $1.7 billion from June 19 to July 16, up 22 percent from 19 firms that raised a combined $1.4 billion in the previous four-week period, according to VCJ research. Tech-focused firms were the most popular, accounting for nine […]
Medical device maker NeuWave Medical Inc has been acquired by Johnson & Johnson subsidiary Ethicon, according to an announcment by HIG BioHealth Partners, an investor in NeuWave. Terms of the deal were not disclosed. NeuWave, based in Madison, Wisconsin, had previously raised $44.5 million over four rounds, CrunchBase reported. Most recently, NeuWave pulled in a $25 million Series C round in May 2015 led by Versant Ventures with participation from HIG, the State of Wisconsin Investment Board, and Venture Investors.
In Second Opinion, Obamacare ruling sends healthcare stocks higher, Univision dumps Trump, why pool water makes your eyes red, and Republicans will soon have 14 presidential candidates to choose from.
Spring is four months away, but love is in the air. At least in the venture business. With the success of dating app Tinder, VCs are hot to find another match-making hit. They have poured more than $70 million into more than a dozen such sites, including Coffee Meets Bagel, Hinge, and theComplete.me, according to peHUB's No. 1 VC post this week.
Trending in venture capital this week: Enjoy, Phreesia, Socure, TaskEasy, and ScoreBig snag big rounds.
In VC news this week, augmented reality company Magic Leap scooped up $542 million. Is it any wonder people are using the "b" word again?
Trending in VC-related news this week: drones, Peter Thiel, Channing Tatum, connected cars, robotic bartenders, bitcoin and lots more.
Trending in venture capital this week: Peter Thiel rips Apple and Uber, the tech world is still freaking out over Marc Andreessen warning that it's time to "worry," and investor relations exec quits PE (what?) for VC.
Trending in venture capital news this week: Andreessen's cautionary tweets, huge rounds for Dollar Shave Club, Fundrise and Qubit, and Jared Leto doing his best Ashton Kutcher.
Trending in VC deals this week: unmanned aerial vehicles (aka drones), wearable technology, mobile tech for online education, employee-scheduling software, tech talent development program and cloud security.