Connie Loizos

peHUB Second Opinion 4.29

Alibaba pushes into social networking with its Weibo investment, Foursquare reveals how it plans to make money, and Barry Diller calls purchasing Newsweek a mistake. And so much more!

Insight Venture Partners Raises $1.49 Billion, with More Planned -- Corrected

Insight Venture Partners -- which counts Twitter, Flipboard, Tumblr, and Living Social among its many investments -- has raised $1.49 billion and has plans to raise roughly $900 million more, according to SEC filings.

Jim Breyer to Step Off Boards of Facebook, Wal-Mart

According to separate SEC filings, Jim Breyer of Accel Partners will not run for re-election this year on either the board of Facebook, where he has been a director since 2005, or on the board of Wal-Mart, whose board he joined in 2000.

Scioderm Closes $16 Million in Series A Financing

Scioderm, a Durham, North Carolina-based company developing dermatology therapeutics, has raised $16 million in Series A funding led by Morgenthaler Ventures, with Technology Partners filling out the rest of the round.

Topera Raises $25 Million in Series C Financing Led by NEA

Topera, a San Diego-based medical device company with a mapping and targeting system to identify the sources of complex cardiac arrhythmias, has completed a $25 million Series C financing round led by new investor New Enterprise Associates. The round also included an unnamed new strategic industry partner, along with existing (undisclosed) investors and the company's management team.

Advantage Capital Partners Awarded $75 Million Allocation in New Markets Tax Credits

New Orleans-based investment firm Advantage Capital Partners has been awarded $75 million by the New Markets Tax Credit program, bringing the total awards received by the firm since 2002 to roughly $600 million. The New Markets Tax Credit program was established by Congress 13 years ago to increase investing in low-income communities; it allows individuals and companies to get tax credit against federal income taxes in exchange for equity investments in community development entities.

peHUB Second Opinion 4.26

Google's Eric Schmidt on Google Glass: Yes, talking to your glasses is weird. LivingSocial has been hacked. What do you get when you mix a hedge fund executive, a socialite and an ex-Goldman executive? And so much more!

peHUB Second Opinion 4.25

Why Alibaba could be China's next $100 billion IPO, Moscow tries to reinvent itself as a financial hub, and George Soros buys a 7.9 percent stake in struggling J.C. Penney. And so much more!

DBAG Backs Broadband Provider Inexio

Deutsche Beteiligungs AG (DBAG) of Frankfurt, Germany, and its managed private equity fund, the DBAG Expansion Capital Fund, is investing an undisclosed amount of capital in inexio Informationstechnologie und Telekommunikation KGaA (inexio), a Saarlouis-based broadband provider that services southern Germany.

VentureCamp, Based in Indianpolis, to Open in June

VentureCamp, an 8-week-long high-tech startup boot camp that will house aspiring entrepreneurs in the city's renowned Kessler Mansion, launches this June and is currently accepting online submissions online. Among those who've agreed to mentor VentureCamp attendees are Priceline cofounder Jeff Hoffman and Karl Mehta, the founder and former CEO of Playspan.