For the first three quarters of this year more than $33 billion has been put to work in U.S.-based companies. That is $3 billion more than the amount invested in all of 2013, according to the MoneyTree Report from the NVCA and PricewaterhouseCoopers, based on data from Thomson Reuters.
Public pension funds in the United States invest on average 9.4 percent of their portfolios in private equity, and the pension with the best 10-year returns this year is the Teacher Retirement System of Texas.
The uncertain regulatory environment surrounding the operation of unmanned aerial vehicles isn’t hampering the application and innovation of drones.
Peter Thiel, the first outside investor in Facebook and co-founder of PayPal and Palantir Technologies, continued his campaign against what he sees as a lack of innovation in the technology business at the PartnerConnect conference Tuesday.
Marc Andreessen joins Bill Gurley and Fred Wilson in sounding the alarm that the tech startup world is overheated. Key word: "vaporize."
When Ryan Holmes founded Hootsuite Media in 2008, he had two key objectives in mind. He wanted his startup to be a leading driver of social media innovation on a global scale. He also wanted to build it into a billion-dollar company that would stay true to its Canadian roots. Holmes and Hootsuite have made significant progress on both counts. This week, the company announced it has closed a US$60 million follow-on financing, which brings its total raise of venture capital since 2009 to a whopping US$250 million.
There’s something to be said for sticking with a job. It certainly has worked out for Jim Breyer, who joined Accel Partners as a newly minted MBA graduate in 1987. It was a good call, Venture Capital Journal reports.
Businesses and governments everywhere are being forced to grapple with escalating, stealthy and increasingly destructive cyber-attacks. One Canadian startup believes it has a solution. This week, Cambridge, Ontario-based eSentire, which has developed an active threat detection platform popular with hedge funds, secured a $14 million Series C financing from a consortium of Canadian and U.S. venture capital firms and strategic investors to promote further growth and customer diversification.
Vancouver-based e-commerce provider Elastic Path Software has raised $5.35 million in a new financing round led by BDC Venture Capital IT Fund and joined by Yaletown Venture Partners and several angel investors. The new funds will help Elastic Path position its digital technology platform and scale its operations to anticipate a major market shift in the direction of experience-driven commerce.
Kitchener-Waterloo's Desire2Learn Inc said on Thursday it raised $85 million in venture capital funds, Canada's biggest such deal this year, as the fast-growing owner of educational software maker looks to ramp up its overseas expansion, Reuters reported. Investors in its latest financing round included Columbus Nova Technology Partners, Graham Holdings, Four Rivers Group and Aurion Capital. The deal follows an earlier $80 million round in 2012, co-led by New Enterprise Associates and OMERS Ventures, which both also contributed this time around.