Private Equity
Crocodoc, an angel-backed startup that offers document-viewing software to enterprises, announced Thursday that it has been purchased for an undisclosed amount by Box Inc., a venture-backed cloud storage company. An alumnus of incubator Y Combinator, Crocodoc has raised about $1 million in angel funding, according to Reuters.
2 min read · 10 May 2013
Kleiner Perkins Caufield & Byers, which has been taking heat in the press of late, could get a lift if Facebook acquires mobile navigation app maker Waze. Kleiner is among the VCs that have invested $67 million in the company since its founding in 2009.
2 min read · 09 May 2013
Nashville's Claritas Capital is raising $25 million for its latest venture fund, according to a regulatory filing.
1 min read · 07 May 2013
Trending on peHUB this week: Uber, CorePower Yoga, Insight Venture Partners, KKR, Cerberus, RetailNext, Carlyle, Wyoming Loan and Investment Board, VC disruption, job openings at Benchmark and Bay City.
1 min read · 03 May 2013
SJF Ventures has held a final close on its $90 million for its third fund, raising more than three times the amount of its second fund, which totaled $28 million, the firm announced Thursday. Investors in the new fund include Citi, Deutsche Bank, MetLife, Prudential Financial, Cambridge Associates, Mercer Consulting, and Trillium Asset Management, SJF said in a press release.
2 min read · 02 May 2013
Trending in this week on peHUB: Mark Suster, VC disruption, PE fundraising, associate openings, Welsh, Carsoni, Triple Point, how VCs can affect startup success, Catterton, Blackstone, Chicago Growth, Caesars, Aydin Senkut and Dave McClure.
1 min read · 26 April 2013
Providing what appears to be a sizable exit for Ignition Partners and other venture firms, Facebook today acquired startup Parse Inc., which offers a cloud-based mobile application platform. Ignition was the startup's largest venture backer.
2 min read · 26 April 2013
The hot new scheme to avoid corporate taxes, a foiled terror plot in Canada, the latest from Fred Wilson, Reese Witherspoon is super sorry, Anthony Weiner is tweeting again, and why you need to fact check press releases.
1 min read · 22 April 2013
Trending on peHUB this week: Sequoia Capital, Fortress, Harvard, traits of top startup CEOs, Oaktree, Bijan Sabet, Spark Capital, Affordable Care Act, KPS, Fenway Partners, Glenn Hutchins, Silver Lake and Montgomery & Co.
1 min read · 19 April 2013
Mashery's sale to Intel for a reported $180 million-plus appears to be a good outcome for Mashery's venture investors, including .406 Ventures, Cisco Systems, First Round Capital, Formative Ventures, OpenView Venture Partners and SoftTech VC.
2 min read · 18 April 2013