McKesson Ventures announced it has made a strategic investment in San Mateo, Calif.-based PokitDok, a provider of a cloud-based platform for handling healthcare transactions. Financial details were undisclosed. As part of the deal, Tom Rodgers, senior vice president and managing director at McKesson, has joined PokitDok as a board observer. The company previously raised nearly $40 million in equity from Lemhi Ventures, New Atlantic Ventures, Rogers Venture Partners, Subtraction Capital and others.
1 min read · 17 February 2016
YouTube has acquired San Francisco-based BandPage for a reported $8 million. BandPage, founded by CEO J Sider, helps bands and musicians market merchandise and connect with fans via social media, had raised $27.6 million in venture funding from GGV Capital and Mohr Davidow Ventures, among others, according to data from Thomson Reuters.
1 min read · 16 February 2016
Benchmark announced in a blog last week that Scott Belsky has joined the firm as a general partner. Belsky, an angel investor and founder and CEO of New York-based Behance, which Adobe acquired about four years ago.
1 min read · 15 February 2016
Brooklyn Bridge Ventures has raised nearly $9.4 million of a targeted $15 million second fund. The firm raised $8.25 million for its inaugural fund, which has backed Ample Hills Creamery, Canary Connect, Hungryroot and Ringly, among others.
1 min read · 10 February 2016
AngelList, which has been a pioneer in bringing seed investing online through the use of crowdfunding and self-forming syndicates, announced on Monday that 441 startups raised $163 million from 3,379 investors via its site in 2015.
1 min read · 09 February 2016
Harmony Partners, which focuses on expansion rounds, has set out to raise $100 million for its third fund. The fund is a step up from Harmony Partners II, which raised $85 million in 2014.
1 min read · 09 February 2016
In this month's VCJ cover story, reactions to crowdfunding from investors, attorneys and entrepreneurs is mixed
3 min read · 01 February 2016
In 2015, only 72 VC-backed IPOs were launched, 75 percent of which were in biotech, medical or healthcare-related fields
3 min read · 31 January 2016
Greylock Partners announced this morning that Michael Pao is joining the firm as an entreprenuer-in-residence. Pao joins Greylock after spending the past 4-plus years at Uber, where he most recently was was the head of product on the growth team. Greylock says that as an EIR, Pao will spend his time founding a new marketplace startup and will help advise portfolio companies in business strategy and operations.
1 min read · 27 January 2016
Palo Alto, Calif.-based Branch Metrics, which develops “deep linking” technology to allow mobile users to discover and share apps and app content, announced it has raised $35 million in a Series B funding round led by new investor Founders Fund. Existing investors participating in the round include New Enterprise Associates, Pejman Mar Ventures, Cowboy Ventures and individuals Zach Coelius and Ben Narasin (now a partner at Canvas Ventures). New investor Madrona Venture Group also took part in the round, which brings the company’s total funding to $53 million. As part of the round, Scott Nolan, a partner at Founders Fund, has joined the board.
4 min read · 27 January 2016
