Venture capitalists in Silicon Valley express greater enthusiasm for future business conditions, according to a study of industry confidence. The Silicon Valley Venture Capitalist Confidence Index rose to 3.78 in the second quarter, the fourth quarter in a row of improvement. The index is published by University of San Francisco professor Mark Cannice. VCs cited an improving IPO market along with the investment opportunities they see with disruptive technologies.
8 min read · 07 August 2013
The Foundry Group has raised $218 million toward a $225 million Foundry Group Select Fund, according to a filing with the Securities and Exchange Commission. The filing is date Aug. 5 and lists the four Foundry managing directors: Brad Feld, Seth Levine, Ryan McIntyre and Jason Mendelson. An additional $7 million remains to be raised.
1 min read · 06 August 2013
The venture arms of large corporations picked up their investment pace during the second quarter with a particular interest in Series A deals.
1 min read · 06 August 2013
Responding to the increased complexity of cyber security investing, Allegis Capital has added four venture partners.
2 min read · 06 August 2013
FireEye Inc. said it filed with the Securities and Exchange Commission to go public, though it has not disclosed the number of shares it will sell or their anticipated price range. The company is backed by Sequoia Capital, Norwest Venture Partners, DAG Ventures, JAFCO Technology Partners and SVB Financial Group.
2 min read · 05 August 2013
State pension fund boasts 10 of 18 venture funds with positive IRRs, with vintages of 2000 to 2011
2 min read · 05 August 2013
Blumberg Capital said it earned a 52x return in four years from its investment in HootSuite. HootSuite today announced a $165 million Series B round led by Insight Venture Partners and joined by Accel Partners and OMERS Ventures.
3 min read · 01 August 2013
HootSuite has raised $165 million of Series B funding in a deal led by Institutional Venture Partners and joined by Accel Partners and OMERS Ventures, according to a post on All Things D. IVP’s Jeff Leiberman, Accel’s Ryan Sweeney and OMERS’ John Ruffolo will join HootSuite’s board, the news site reported.
1 min read · 01 August 2013
SIPX, Inc. said it raised $4 million of Series B financing in a deal led by Mohr Davidow Ventures and joined by XSeed Capital, Stanford University, Ulu Ventures and angel investors. The round was over subscribed, and Mohr Davidow General Partner Jon Feiber has joined the board.
2 min read · 01 August 2013
Noted VC bloggers show that blogging is more involved than just getting on a computer and uploading your thoughts
2 min read · 01 August 2013
