Bitcoin entrepreneur and investor Margaux Avedisian talks about using the cryptocurrency to travel the world. Avedisian is one of four VCs who will speak at the Venture Alpha East conference on March 26 in New York.
2 min read · 24 March 2014
Bitcoin entrepreneur and investor Margaux Avedisian talks about using the cryptocurrency to travel the world. Avedisian is one of four VCs who will speak at the Venture Alpha East conference on March 26 in New York.
2 min read · 24 March 2014
Margaux Avedisian talks to VCJ about using the cryptocurrency to travel the world
2 min read · 21 March 2014
The Alibaba Group, a Chinese e-commerce giant that is preparing a highly anticipated IPO in the United States, has led a $250 280 million investment in Tango, a Mountain View, Calif.-based developer of messaging and other mobile services. Tango said Alibaba invested $215 million with the additional $65 million coming from some of Tango’s prior investors. Tango previously raised $87 million from Access Industries, Draper Fisher Jurvetson, Qualcomm Ventures, Toms Capital, Translink Capital and individual investors Bill Tai, Shimon Weintraub, Jerry Yang, Alex Zubillaga and others. With the latest round, Tango has now raised $367 million in total funding. Alibaba's investment in the mobile app developer comes about a month after Facebook agreed to buy WhatsApp, a provider of mobile messaging services, for $19 billion in cash and stock.
3 min read · 20 March 2014
Accel Partners, the Palo Alto, Calif.-based venture firm that was an early investor in Facebook, has closed two news funds totaling $1.475 billion. The firm raised $475 million for its 12th main fund, the same size as Accel XI, which closed in 2011. The firm also raised $1 billion for Accel Growth III, exceeding the $875 million that the firm raised for its second growth fund, which also dates back to 2011, according to Thomson Reuters.
2 min read · 20 March 2014
Accel Partners, the Palo Alto, Calif.-based venture firm that was an early investor in Facebook, has closed two news funds totaling $1.475 billion. The firm raised $475 million for its 12th main fund, the same size as Accel XI, which closed in 2011. The firm also raised $1 billion for Accel Growth III, exceeding the $875 million that the firm raised for its second growth fund, which also dates back to 2011, according to Thomson Reuters.
2 min read · 20 March 2014
Cloudera has raised a $160 million late-stage round of financing that was led by T. Rowe Price and included Google Ventures and MSD Capital, the private investment arm of Dell CEO Michael Dell. The large funding is a likely run-up to an IPO. Palo Alto, Calif.-based Cloudera said it has now raised $300 million in total funding since it was founded in 2008. Its last funding was a $65 million late-stage round in December 2012, which valued the company at more than $700 million, according to Thomson Reuters (publisher of peHUB).
6 min read · 19 March 2014
San Francisco-based MuleSoft announced today that it has raised a $50 million round that was led by existing investors New Enterprise Associates and Lightspeed Venture Partners as well as new investor Meritech Capital Partners. Also participating in the round are Cisco, Salesforce, SAP Ventures, Hummer Winblad Venture Partners, Canvas Venture Fund and Bay Partners. The company has now raised $131 million in total funding.
3 min read · 13 March 2014
Credit Karma announced it has raised $85 million in growth-stage funding, led by Google Capital. Others participating in the round include Tiger Global Management and existing investors Ribbit Capital and Susquehanna Growth Equity. The San Francisco-based company, which provides consumers with credit scores and online tools to manage one's credit, has now raised $118.5 million in total funding. As part of the latest round, David Lawee from Google Capita, has joined the board.
3 min read · 12 March 2014
L2, which provides market research to consumer brands, announced it has raised a $16.5 million growth-stage investment from General Catalyst Partners. The New York-based company, founded by NYU marketing professor Scott Galloway, also announced the addition of two new board members: Paul Sagan, an XIR and partner at General Catalyst, and Larry Bohn, managing director of General Catalyst. This is the first investment Sagan has made since joining General Catalyst in January.
5 min read · 12 March 2014
