The state pension fund's venture portfolio’s focus on secondaries and funds of funds appears to have paid off.
2 min read · 09 December 2014
CalPERS sees nice gains from Softbank, New Horizon, CDH
1 min read · 09 December 2014
Touchdown Ventures said it has established a service to help corporations launch, grow and manage venture capital programs. The firm said that among its first clients is Apollo Education Ventures, the newly formed venture capital arm of Apollo Education Group. Touchdown is founded by David Horowitz and Richard Grant, formerly of Comcast Ventures, and Scott Lenet, formerly of DFJ Frontier.
3 min read · 08 December 2014
Scott Stanford and Shervin Pishevar of SherpaVentures are raising a $250 million SherpaEverest Fund, according to a filing with the Securities and Exchange Commission. Last year the pair raised their first Sherpa Ventures Fund at $150 million.
1 min read · 06 December 2014
Icebrg.io said it has raised $2.5 million in seed financing in a deal led by Madrona Venture Group and joined by Formation 8. Other individual and institutional investors participated. Ex Microsoft employees William Peteroy and Josh Carlson founded the stealthy company, which addresses network security.
3 min read · 05 December 2014
Cendana Capital has closed on a new $50 million fund of funds and raised money for a direct investment fund, Managing Partner Michael Kim said. The new fund, Cendana Capital II, is a step up from Cendana's first fund, which was $28.5 million.
1 min read · 04 December 2014
Julie Meyer of Ariadne Capital talks about her place in venture and European investing.
3 min read · 04 December 2014
Whipclip has raised $20 million from investors including Institutional Venture Partners, Greycroft Partners, Raine Ventures, William Morris Endeavor, Ziffren Brittenhanm and individuals Peter Guber, Steve Bornstein, Gordon Crawford, Thom Weisel, Scooter Braun and Ron Zuckerman, according to a source close to the deal.
1 min read · 04 December 2014
Citi Ventures said it is partnering with the Plug and Play Tech Center to start Fintech accelerators in the United States, Germany, Singapore, Brazil and Spain. This program will build upon Citi Ventures' first Fintech accelerator launched in Tel Aviv in 2013 and focus on mobile payments and banking, as well as security and authentication. Over a 12-week period, the U.S. accelerator program will accept 20-30 startups in each of two classes in its 2015 inaugural program, according to a press release. Citi Ventures is the venture capital arm of Citigroup.
3 min read · 02 December 2014
Tiger Global Management nearly doubled the amount of venture capital raised this quarter by unveiling a $2.5 billion fund in a document filed Friday with the Securities and Exchange Commission.
2 min read · 02 December 2014
