Mark Boslet

FundAmerica Raises $1.4M From Angels

FundAmerica said it raised $1.4 million from a group of angel investors, following an earlier $200,000 seed round. No other details were provided. The crowdfunding company, formerly called Arctic island, was founded by Scott Purcell, who previously was a founder of OnAir Streaming Networks and Epoch Networks.

I-Bankers Direct Names Humphrey Polanen As Managing Director

I-Bankers Direct said Humphrey Polanen joined the company as a managing director based in Palo Alto, CA. The company operates an crowdfunding site.

Fund Performance: Several Mass PRIM Venture Investments See Decline

Funds by Spark and NEA lost some ground, but still remain in positive territory

LPs Show Enthusiasm For Venture And Even Cleantech Investing

Venture capital has been out of favor as an asset class for more than 10 years. There are signs this sentiment is changing.

Dispop Raises $600K From Inimiti

Dispop said it raised $600,000 in seed funding from Inimiti Capital Partners. The Israeli company also unveiled its ad design platform.

Three VCs Talk About Their Approaches To Portfolio Services

The venture landscape has been altered in recent years by the emergence of full-service firms such as Andreessen Horowitz and First Round Capital that aid portfolio companies in a variety of new ways. GPs are finding ways to differentiate their firms.

Modus Raises $10M From Harbert, Azalea, CEO Buergari

Modus said it raised $10 million in funding from Harbert Management Corporation and Azalea Capital. Modus CEO Abtin Buergari also contributed to the financing. The company will use the money to expand sales and operations.

E-commerce Deal Volume Climbs as Venture Investors Search for Asia’s Amazon

Venture investors have poured $6.9 billion into Asian e-commerce companies in the past 3-1/2 years, hoping to make a killing on an Amazon-like powerhouse in promising markets from China to Russia.

Fund Performance: Top Venture Funds See Performance Pull Back

Best-performing funds from CalPERS’ self-directed portfolio include those manage by Asia Alternatives Management and Khosla Ventures

Trident Sees 3.4x Return On Solera Exit

Blue Coat System’s acquisition of Solera Networks is the latest exit of a venture-backed security company, and a lucrative one, too. Allegis Capital, an early backer of Solera, expects a return of more than 10x on its first money. Trident Capital also is turning a tidy profit.