Accelerators play the role of launch pads for startups, giving them advice, hands-on instruction, visibility and money. They also help contribute to a funding gap that has opened up between concept stage companies and those advanced enough to seek formal seed rounds of funding.
2 min read · 31 May 2013
Five of the funds from 2007 and 2008 have positive IRRs
1 min read · 30 May 2013
Qriously said it raised $3.5 million in a Series A round led by Spark Capital and joined by Accel Partners. The company's new product, asQvertising lets consumers self-select mobile advertisements by answering basic questions on their smartphones.
3 min read · 30 May 2013
Cleantech investing has taken it on the chin so far this year. Venture capital going to companies in the sector fell 61% in the first quarter to $369 million and deal volume dropped 25%. Here is more detail behind the numbers.
1 min read · 30 May 2013
A lot has been written today about Mary Meeker’s annual State of the Internet presentation. But much of the coverage downplays what might be most relevant to venture investors.
2 min read · 29 May 2013
Wisegate said it raised $3M in new funding from investors including Atlanta Technology Angels, Cowtown Angel Network, Central Texas Angel Network and Golden Seeds. It also added former Burton Group CEO, Jamie Burton, to its board.
3 min read · 29 May 2013
Judicata said it raised $5.8 million in a deal led by Khosla Ventures. Khosla Partner Keith Rabois has joined the board. The news was covered in a blog post and in news stories, including one on TechCrunch. The company is developing a search technology for the legal industry.
1 min read · 28 May 2013
Cloudswave.com said it raised $500,000 from Istitmar Invest to develop its software as a services marketplace.
2 min read · 28 May 2013
Conversocial said it raised $3.8 million in round led by Octopus. No other details were available.
2 min read · 28 May 2013
Redpoint Ventures brought on two VMware executives as entrepreneurs in residence, TechCrunch reports. Javier Soltero was CTO of SaaS & application services at VMware before joining the firm, according to a bio posted on the Redpoint Web site. He came to VMware after the company he co-founded, Hyperic, was acquired by SpringSource, which was acquired by VMware.
1 min read · 24 May 2013
