Money manager sees strong gains with IVP, Aisling, JP Morgan funds
2 min read · 21 October 2014
Intel Capital said it has put $28 million to work in five Chinese companies making new-generation hardware and related technologies, including wearables and Internet of things devices and components.
2 min read · 21 October 2014
More VCs hoping to make the grade, as investment activity in edtech picks up.
3 min read · 17 October 2014
SAP Ventures renamed itself Sapphire Ventures on Thursday to emphasize its independence from its sole limited partner, SAP.
2 min read · 16 October 2014
Wit.ai announced today that it raised $3 million in a seed deal led by Andreessen Horowitz and joined by Ignition Partners, New Enterprise Associates, A-Grade, SV Angel, Eric Hahn, Alven Capital and TenOneTen. The Palo Alto, Calif-.based company, which started last year, is developing a voice interface API that developers can place in their apps to enable voice control.
1 min read · 15 October 2014
Public pension funds in the United States invest on average 9.4 percent of their portfolios in private equity, and the pension with the best 10-year returns this year is the Teacher Retirement System of Texas.
1 min read · 15 October 2014
TwtMob said it raised $2.9 million in seed funding in an oversubscribed round and has changed its name to Speakr. The new round was led by Toba Capital and joined by Allegro Venture Partners and several individuals, including Bazaarvoice co-founder Brett Hurt, Comcast Spectacor Chairman Ed Snider, STRZ Enterprises CEO Nick Gross and others. The funding brings the company’s total financing to $3.8 million.
3 min read · 13 October 2014
SFERS sees broad gains in recent vintage funds; adds Battery, OrbiMed
1 min read · 13 October 2014
BitFury said it has raised an additional $20 million. The company, which makes specialized chips for bitcoin mining, said the new money came from "internal and external" sources, with the majority coming from external sources, including venture capitalist Bill Tai, former VeriFone CFO Bob Dykes, and Google Maps co-founder Lars Rasmussen. The Georgian Co-Investment Fund also participated. “The fact that we closed this funding round in less than a week is a testament to investors’ trust in our business model and execution capabilities," BitFury founder and CEO Valery Vavilov said in a prepared statement.
3 min read · 09 October 2014
Investors continued to pour money into venture in the third quarter, with LPs committing $6.1 billion to new funds and pushing U.S. fundraising this year to a six-year record.
2 min read · 09 October 2014
