Alastair Goldfisher

Crosslink closes eighth fund with $275 mln

Crosslink Capital announced it closed its eighth fund, which was oversubscribed, with $275 million in commitments. The early-stage firm, which has offices in San Francisco and Palo Alto, California, had targeted to raise $250 million, according to a regulatory filing in November. The firm had raised $170 million for its previous fund, which closed in February 2015.

SaaS growth investor Blue Cloud Ventures wraps up its second institutional fund

Sequoia ranks as most active investor in H1 2018

Boston's Glasswing Ventures closes AI-focused debut on $112 mln

AI augmented video company Octi raises $7.5 mln

Los Angeles-based Octi, an augmented video creation company leveraging machine learning and computer vision, announced that it has raised a seed round of $7.5 million with participation from Shasta Ventures, I2BF Ventures, Bold Capital Partners, Day One Ventures, Human Ventures, Live Nation and AB InBev. Joining the round are a number of individuals, including Tom Conrad, former VP of product at Snap; Shiva Rajaraman, chief product officer of technology at WeWork; Scott Belsky, chief product officer of Adobe; Abbe Raven, chairman at A&E Networks; and Joshua Kushner.

Arbe Robotics raises $10 mln more for autonomous driving

Tel Aviv-based Arbe Robotics, which develops high-resolution imaging for use in autonomous vehicles, announced it has raised $10 million in additional capital. The investment was led by 360 Capital Partners and included existing investors Canaan Partners Israel, iAngels, Manic Mobility, OurCrowd, O.G. Tech Ventures and Taya Ventures. The company, founded in 2015, has now raised $23 million in total funding.

Redpoint leads $83 mln funding of Next Insurance

Palo Alto, California-based Next Insurance, provider of online insurance services for small businesses, announced it has raised $83 million in Series B funding. Redpoint Ventures led the round, which included Nationwide Insurance, Munich Re, American Express Ventures, Ribbit Capital, SGVC, TLV Ventures and Zeev Ventures. The company has now raised $131 million since it was founded in 2016. As part of the round, Elliot Geidt, managing director of Redpoint, will join the board.

On the Bleeding Edge: Irony as Uber scooters with Lime, and a key reaction to women in VC

AI startup Perceptive Automata emerges from stealth with seed funding from First Round

Somerville, Massachusetts-based Perceptive Automata, provider of AI technology for autonomous vehicles, has emerged from stealth and announced it has raised $3 million in seed funding. Investors include First Round Capital and Slow Ventures.

Benchmark bulks up its team with seventh GP