New Enterprise Associates has raised close to $2.57 billion toward its fifteenth fund, according to an industry source. Separately, Glynn Capital Management announced the closing of a $200 million fourth fund and Fairview Capital Partners unveiled toward a special opportunities fund of funds, according to filings with the SEC.
2 min read · 25 March 2015
Intuit said it acquired StartX alumnus Playbook HR, according to a blog post. No financial terms were disclosed. The company was founded in 2014 by Stanford graduates Salina Troung and Charles Naut and provides a service to manage hiring at on-demand market places.
1 min read · 25 March 2015
Sierra Ventures has brought on Tim Stanley as a partner, according to a press release. Stanley will lead business development, marketing, strategic partnerships and programs.
3 min read · 23 March 2015
Last year was a strong one for venture-backed IPOs in the United States, but not without a few darker clouds.
2 min read · 19 March 2015
Madrona Venture Group said it has added three strategic directors: John McAdam, Sujal Patel and Steve Singh. The three will work with portfolio companies, sharing their insight and operating experiences, and helping them scale.
3 min read · 19 March 2015
Vivo Capital said it raised $750 million for its eighth fund, according to a press release and a filing with the SEC. The firm said in the release Vivo Capital Fund VIII would invest in later stage pharmaceutical and medical device companies in the United States and in expansion stage healthcare companies in China.
2 min read · 18 March 2015
FKA has raised a $200 million maiden venture fund, according to a filing with the SEC. The firm is made up of the tech group formerly at Atlas Venture and includes general partners Jeff Fagnan, Jon Karlen, Chris Lynch, and Ryan Moore
1 min read · 17 March 2015
Rice University, MIT and the University of Richmond announced their third Seed Accelerator Rankings and Angelpad, MuckerLab and Techstars took the top three spots. Missing from among the top 20 was Y Combinator.
3 min read · 17 March 2015
UTIMCO’s U.S.-focused growth portfolio sees gains from Ampersand; Austin Ventures holds second spot with its Fund X.
2 min read · 17 March 2015
Mid-decade venture funds see steady gains in Washington State portfolio
1 min read · 16 March 2015
