As you would expect, Tim Bliamptis, a co-founder and managing director at fund of funds Weathergage Capital, is no stranger to venture capital. He was early to the micro VC phenomenon of recent years and is convinced this year may see an uptick in venture liquidity through acquisitions. He also has an open mind to […]
Eniac Ventures has raised $100 million for its fourth and largest fund, upping its size by more than 80 percent over its preceding fund. The firm, which began investing in 2009 and has offices in San Francisco and New York, raised $55 million for its previous third fund, which closed in 2015. LPs included returning […]
Jonathan Silverstein, partner at healthcare investor OrbiMed Advisors, has been diagnosed with a rare form of Parkinson’s disease, but will continue full-time in his role as global co-head of private equity at the firm, he said in a letter to limited partners on April 12. Silverstein, who declined to comment, also disclosed his illness on a […]
After a year-long legal dispute, the Texas VCs Jeff Williams and Jason Story have changed the name of their early-stage venture firm to Interlock Partners from Hangar Ventures. And they’ve added a third partner, who will be based in New York. Harry Hawks, the new addition, was chief financial officer for Hearst Television from 1992 to […]
Funds from OrbiMed Advisors and Claremont Creek Ventures have risen to the top of a nicely performing portfolio of venture funds at the University of California. The portfolio is weighed toward mid-sized funds with an early-stage approach to investing. Five of the seven funds are between $300 million and $750 million in size. Only the […]
There are tech startups focused on teens, tweens, millennials, baby boomers and just about every other market niche. Dog lovers and cat fanciers? They’re covered, too. And yet relatively few new companies are focused on women — surprisingly few, considering the fact that women are half the people on our planet and they wield the […]
Longtime operator and angel investor Russ Wilcox has joined the early-stage firm Pillar as a partner. He will invest alongside Pillar Co-Founder Jamie Goldstein and Partner Sarah Hodges at the Boston firm, which focuses on machine learning and companies applying artificial intelligence to solve business problems. Pillar was co-founded by 16 Boston-area chief executives, who […]
The venture industry rebounded in the first quarter with $16.5 billion dispersed to startups in the United States and fundraising achieving a modest increase over a soft fourth quarter, according to a new report. However, the deal count was the lowest since the end of 2011, suggesting some caution, and even with the increase in […]
Adding to this year’s string of private enterprise companies seeking public offerings, Cloudera filed on Friday to list its shares and bring a potential payday to Intel, Accel Partners and Greylock Partners. The company’s long-awaited IPO follows the recent debuts from MuleSoft and Alteryx and trails pending offerings from Okta and Yext. Cloudera plans to […]
Canada’s top 10 first-quarter venture-capital financings drew close to $400 million from investors. While that’s down 19 percent from the $490 million raised by the top 10 deals a year earlier, it far exceeds the first-quarter results of other recent years. The estimate is based on PE Hub Canada’s list of the largest financings announced from January through March, supplemented by Thomson Reuters data. The list is headed by PointClickCare, which accounted for 2017’s first deal sized above $100 million, Visier, Inocucor Technologies and Fusion Pharma.