Solium Capital, the Calgary provider of financial reporting and compliance, this week announced the launch of Solium Analytics to produce 409A valuation reports and related services. The 409A reports are essential for any company in a venture-firm portfolio since they generate the value of common shares, such as when they are issued as incentives to employees and prior to public offerings. The company said Solium Analytics will be managed by a team formerly with SVB Analytics. Team members completed more than 5,000 409A valuations at SVB and have successfully helped 75 startups through their IPO processes.
2 min read · 09 November 2017
San Francisco-based 1984 Ventures, led by entrepreneur and investor Ramy Adeeb, is seeking to raise $75 million for its first venture fund, according to a regulatory filing. Adeeb is the founder and CEO of Snip.it, which was acquired by Yahoo. He is also a onetime principal at Khosla Ventures, where he worked on such investments as Square and Ness Technologies, according to his bio.
1 min read · 09 November 2017
3 min read · 09 November 2017
2 min read · 08 November 2017
3 min read · 07 November 2017
Lincoln, Nebraska-based Ink, provider of a cloud-based print platform, announced it has raised $7 million in new funding from VTF Capital, SQN Ventures Partners, Invest Nebraska and NE Angels. The company has now raised $15 million in total funding. Ink said that with the latest funding, it plans to roll out its digital and analog printing solutions to 30 universities nationwide beginning in January.
1 min read · 03 November 2017
San Francisco-based Shippo, a provider of shipping solutions for business, raised a $20 million Series B round of funding. Bessemer Venture Partners led the financing, with participation from Union Square Ventures, SoftTech VC, VersionOne Ventures and 500 Startups. The company has now raised $29 million in total funding.
1 min read · 01 November 2017
Menlo Park, California-based Vertical Venture Partners is seeking to raise $80 million for its second fund, according to a regulatory filing. The firm, which focuses on enterprise companies that target vertical markets, raised $51.3 million for its first fund. The firm was founded by Managing Partner David Schwab, who previously was with Sierra Ventures.
1 min read · 01 November 2017
Frazier Healthcare Partners announced the close of an oversubscribed Frazier Life Sciences IX, its second dedicated life sciences fund, with nearly $419 million in commitments. Led by Managing General Partners Patrick Heron and Jamie Topper, the Frazier life sciences team invests primarily in therapeutics-focused companies developing biopharmaceuticals, with two-thirds of the fund fueling seed and Series A rounds. Exits from 2017 include AnaptysBio (IPO) and Alpine Immune Sciences (reverse merger).
1 min read · 01 November 2017
San Francisco-based CircleUp, which operates an investment marketplace focused on early-stage consumer brands, announced today it raised a $125 million fund, CircleUp Growth Partners, which closed at 25 percent above its $100 million target. The firm, led by Managing Directors Alison Ryu and Ben Lee, will use the funds to invest in consumer brands, via a machine-learning platform it developed, called Helio.
1 min read · 31 October 2017
