Kaitlyn Landgraf Bartley

Deal counts in November drop across healthcare, IT, security and cleantech sectors

Year in Review: Sexual harassment allegations shake venture industry

VCs mull disclosing LPs for greater transparency

VCs mull disclosing LPs for greater transparency

Chad Herrin joins Aspect Ventures’ investment team

Aspect Ventures announced that technology investor and software executive Chad Herrin has joined the San Francisco and Palo Alto-based firm, according to a press release. Herrin will serve on the firm’s investment team and advise Aspect’s portfolio companies, focusing on enterprise software and cloud-based services investing.

6 Dimensions Capital targets $26 mln affiliates fund

6 Dimensions Capital is raising a $26 million affiliates fund, according to a regulatory filing. The firm is based in Cambridge and Shanghai, and specializes in healthcare and life sciences investments in China and the United States, according to its website.

Nonaccredited investors flock to ICOs without VCs to vet the deals

Initial Coin Offering Group raising indefinite fund

Cannabis Growth Fund I looks to raise $45 mln

Cannabis Growth Fund I has changed its name from dba Kush Fund and is aiming to raise $45 million, according to a regulatory filing. The fund is managed by Gabriel Patterson and is based in Toronto, Ontario. No investors are listed.

SEC’s new cyber unit files first charges against PlexCorps ICO

The Securities Exchange Commission (SEC) obtained an emergency asset freeze to stop an initial coin offering fraud, the agency said December 4. The ICO falsely promised investors a 13-fold profit in less than a month and had raised as much as US$15 million since August, a news release from the agency said. The commission has filed charges against “recidivist Québec securities law violator” Dominic Lacroix and his PlexCorps company in federal court in Brooklyn, New York, according to the release. The complaint alleges that Lacroix marketed and sold securities called PlexCoin on the internet to investors in the United States and elsewhere. The charges are the first filed by the SEC’s cyber unit, which was created in September.