In consecutive days, two venture-backed China-based tech companies have debuted on U.S. exchanges, bringing to four the number of Chinese companies that have completed public offerings in the states this year, sister publication VCJ reported.
2 min read · 01 November 2013
Investors are taking notice that four venture-backed Chinese companies have listed on U.S. exchanges so far in 2013
3 min read · 01 November 2013
Basis, Fitbit, Pebble and Sproutling, to name a few, are all well-financed makers of wearables, and they are growing and attracting more venture dollars as quickly as the devices are selling off the shelves.
3 min read · 01 November 2013
3 min read · 01 November 2013
Fundraising perks up some from August to end of September
2 min read · 31 October 2013
In the third quarter, venture-backed M&A activity remained soft, with 107 deals reported, compared to 125 for the same period a year ago. Likewise, the first three quarters of 2013 saw just 286 VC-backed deals with disclosed valuations, well off the 362 transactions for the same period in 2012.
3 min read · 29 October 2013
Venture-backed Virtela Technology Services Inc. announced it has been acquired by NTT Communications Corp. for $525 million in cash. Virtela, which provides cloud network services, had previously raised $65 million in venture funding from Norwest Venture Partners, New Enterprise Associates, Newton Technology Partners and a number of other investors, according to data from Thomson Reuters (publisher of peHUB). Norwest led all the rounds in Virtela, which was founded in 2000 and incubated at Norwest's office in Palo Alto, Calif. Promod Haque, senior managing partner at Norwest, currently serves as chairman of Virtela, which is based in Greenwood Village, Colo.
4 min read · 29 October 2013
Norwest Venture Partners among the firms to enjoy multiple exits recently
3 min read · 29 October 2013
Stratoscale announced it has raised $10 million in Series A financing from Battery Ventures and Bessemer Venture Partners. The Herzeliya, Israel-based company develops virtualization technology to improve the performance of large data centers. As part of the funding, Scott Tobin, general partner at Battery Ventures, and Adam Fisher, partner at BVP, have joined the board.
3 min read · 28 October 2013
Data analysis provider Paxata has raised $8 million in Series B funding led by Accel Partners. The Redwood City, Calif.-based company, which had been operating in stealth for the past 18 months, has now raised $10 million in total funding. Paxata had previously raised a $2 million Series A round from Accel, whose partner, Dinesh Katiyar, sits on the company board.
4 min read · 28 October 2013
