Mark Boslet

Sofinnova closes on $650 mln 10th fund, adds partner

Redpoint raises $180 mln for ACE Redpoint Ventures China I

Redpoint Ventures has raised $180 million for its ACE Redpoint Ventures China I fund, according to a filing with the SEC.

Venture valuation reset milder than expected

FourKites raises $13 mln from Bain Capital Ventures, Hyde Park, Otter

FourKites has raised a $13 million Series A round led by Bain Capital Ventures and joined by existing investors Hyde Park Venture Partners, Hyde Park Angels, and Otter, according to a press release. The company previously raised $3.5 million of seed and debt funding. Ajay Agarwal, managing director at Bain, will join the board.

Fund performance: Mid-decade venture returns show stability amid tumult

Cityworks raises $14.5 mln from Polaris, Blue Cloud

Cityworks said it raised $14.5 million in a round backed by Polaris Partners and Blue Cloud Ventures, according to a press release. The company will continue to be majority-owned by founder and CEO Brian Haslam and his executive team.

Upfront to raise a $40 mln ancillary fund

Upfront Ventures has set out to raise a $40 million ancillary fund, according to a filing with the SEC.

Venture funding falls in Q3

Venture investing slumped in the third quarter as money going to U.S.-based startups fell 32 percent, which was led by a big drop in late-stage financings. The quarter saw $15 billion go to 1,810 deals, the smallest sum since the start of 2014, according to PitchBook and the National Venture Capital Association. It is a significant decline from the $22.1 billion that went into 2,034 deals in the second quarter. The third quarter is the first the NVCA has relied on PitchBook data for its venture activity report, dubbed the Venture Monitor.

Venture funding falls in Q3 as late-stage financing pulls back

VCs raised more than they invested in slow third quarter