New York-based ff Venture Capital, which most recently invested in the bot analytics platform Dashbot, is seeking to raise $150 million for its fifth venture fund, according to a regulatory filing. The fund, dubbed ff Graphite (V) Venture Capital Fund, comes nearly seven months after the firm closed its fourth fund, called ff Sapphire (IV) Venture Capital Fund GP, with $53.78 million in commitments.
1 min read · 02 December 2016
San Francisco-based Dashbot, a provider of a bot analytics platform, announced it has raised $2 million in seed-stage funding led by ff Venture Capital. Bessemer Venture Partners, Samsung Accelerator, Scrum Ventures, Bertelsmann Digital Media Investments and Rembrandt Ventures also participated in the round. As part of the funding, ffVC Managing Director Ryan Armbrust will join the board of Dashbot.
1 min read · 01 December 2016
San Francisco-based Opendoor, which operates an online marketplace for buying homes, announced it has raised $210 million in a Series D round of funding led by Norwest Venture Partners with Managing Partner Jeff Crowe joining the board. New Enterprise Associates also participated in the round with existing investors, which includes Khosla Ventures, GGV Capital, Access Industries, FifthWall, Lakestar, SVB Capital, Caffeinated Capital and Felicis Ventures. The company has now raised $320 million in total equity.
1 min read · 01 December 2016
7 min read · 21 November 2016
2 min read · 21 November 2016
New Enterprise Associates General Partner Harry Weller, who led the firm's East Coast venture practice, died in his sleep Saturday. He was 46. Weller joined the firm in 2002 and was a well-recognized VC. His industry honors included the Forbes “Midas List” for nine years running, Washingtonian’s "Titans of Technology,” Business Insider’s “Top 5 East Coast VCs” and the Washington Business Journal's "Outstanding Director Award.”
1 min read · 21 November 2016
San Francisco-based Domino Data Lab, which provides data science platform for the enterprise, announced it has raised $10.5 million in a funding round led by Sequoia Capital. Previous investors Zetta Venture Partners, Bloomberg Beta and In-Q-Tel also participated in the financing. The company was founded in 2013 and previously raised a $3 million Series A round in late 2015 and $100,000 in seed-stage funding.
1 min read · 17 November 2016
1 min read · 17 November 2016
3 min read · 16 November 2016
Boston-based venture firm Pillar Companies, which is raising an inaugural fund of $100 million, has added Rob May as a venture partner. May, an angel investor and a former operator, was co-founder and chief executive of Backupify, which was acquired in 2014, and Talla. Pillar founder Jamie Goldstein blogged that May is a thought leader in the AI space and "important voice in the conversation around machine intelligence in Boston."
1 min read · 11 November 2016