Sorenson Ventures said it raised a more than $110 million first fund targeting early-stage investments in enterprise software and security startups. The fund is managed by Intel Capital veterans Ken Elefant and Rob Rueckert and will leverage the analytic and operational capabilities of Utah growth-equity and buyout firm Sorenson Capital. Sorenson Ventures said the fund […]
Owl Rock Capital Partners, which recently led the financing for Vista Equity’s acquisition of Mindbody, has opened a Silicon Valley office as it works to deploy its debut tech-lending fund, sources told VCJ parent Buyouts Insider. The Menlo Park office, which sources said opened around the start of the year, will help position the firm […]
By Tim Schigel, Refinery Ventures The mid-1990s through the early 2000s were an exciting time for entrepreneurs and investors as prices for internet startups soared. Then the bottom fell out of internet stocks and the dot-com bust reverberated through the nation’s economy. In retrospect, it was probably a terrible time to start up a company […]
Presented here is performance data for Public Employees’ Retirement System of Nevada‘s vintage 2012 venture capital funds. The figures from the Nevada LP are current as of June 2018. An expanded spreadsheet with additional data is attached. To download the full version of the spreadsheet below with additional data, click here: Nevada PERS venture portfolio (2012) Nevada PERS venture portfolio […]
By Alejandro Ortiz, SharesPost Postmates is entering the final leg of its journey to an IPO. The company, which operates at the crossroads of last mile delivery and the sharing economy, recently disclosed that it confidentially filed for a public offering with the Securities and Exchange Commission. Founded in 2011 by Sam Street, Sean Plaice […]
Keith Rabois is leaving Khosla Ventures for the Founders Fund, according to a Founders Fund tweet. Rabois joined Khosla in 2013 and is listed on the website as an investment partner, focusing on consumer internet, education, enterprise, financial services and digital health. He led the firm’s investment in Stripe. Earlier in his career he was […]
Menlo Ventures unveiled on Wednesday a $500 million Inflection Fund that will allow it to make Series B and C deals at early-growth-stage companies. The new fund, which had a target of $450 million and was oversubscribed, will look to support portfolio companies and new investments in promising areas of technology. It will complement the […]
Billion Dollar Fund for Women, a global initiative that aims to increase investment in women-founded companies, has arrived in Canada to recruit local venture firms. The launch was announced today by Lally Rementilla, the fund’s Canada lead and president of Quantius, a Toronto intellectual-property lender and one of the fund’s early supporters. Rementilla told Venture […]
Inovia Capital has raised $600 million (C$800 million) for a pair of early-stage and growth funds, fulfilling an ambition to become a full-stack venture firm. The Montréal tech investor secured $200 million for a fourth early-stage fund, meeting its target. It also secured an initial $400 million for a new growth-stage vehicle. Inovia is now […]
Rosecliff Ventures is poised to make 2019 an even busier year than last year. Over the last 10 months, the New York-based firm raised $475 million combined for three separate funds, including a $150 million fourth fund. This year, the three-year-old firm is looking to go back to the well again to raise a fifth […]