Firm raised $400M for its previous effort, which closed in 2006
4 min read · 01 June 2010
The giant pension fund hopes to get concessions from other firms after striking a deal with Apollo Management that will reduce its fees by $125M
2 min read · 01 June 2010
Norwest’s Tim Chang and Mayfield’s Raj Kapoor are part of the latest rock band to hit the venture business
4 min read · 01 June 2010
Clovis Oncology has signed a development and commercialization agreement for Avila Therapeutics' epidermal growth factor receptor (EGFR) mutant-selective inhibitor (EMSI) program, which is in pre-clinical development for the treatment of non-small cell lung cancer. Avila will receive up to $209 million in up-front and clinical milestone payments, plus possible royalty and sub-licensing fees. Clovis Oncology last year raised $146 million in Series A funding from Domain Associates, New Enterprise Associates, Versant Ventures, Aberdare Ventures, Abingworth, Frazier Healthcare Ventures and ProQuest Investments. Avila Therapeutics has raised over $51 million from The Novartis Option Fund, Abingworth Management, Advent Venture Partners, Atlas Venture and Polaris Venture Partners.
5 min read · 25 May 2010
Off & Away, a Seattle-based auction site where travelers bid for luxurious accommodations and related goods, said that it has raised an undisclosed amount of Series A funding from Madrona Venture Group.
4 min read · 25 May 2010
Fund-raising data for Q1, Q2, Q3 and Q4 of 2009 and the full 12 months of 2009.
1 min read · 01 May 2010
San Francisco venture firm tried to raise $150M, now focused on four investments from third fund
3 min read · 01 May 2010
Private equity firm was accused by NY AG of improperly obtaining a $100M investment from New York Common
2 min read · 01 May 2010
Investment in Chicago hit a 14-year low last year, but it is picking up this year, highlighted by the $135M investment in Groupon
6 min read · 01 May 2010
Fund-raising news about 3i, 12BF, Boehringer Ingelheim Venture Fund and Emerald Technology Ventures
2 min read · 01 May 2010