Foley & Lardner LLP said it raised $2.6 million for Foley Ventures Fund II, a venture capital fund that invests in or with its clients. The law firm has now raised $6.6 million between its first and second funds and invested in 32 clients.
3 min read · 13 May 2013
HipLogiq said it raised $5 million in Series A deal with the majority of capital coming from Hadron Global Partners, a division of Carriage House Partners and RLB Holdings.
2 min read · 13 May 2013
Nine of the 12 funds that focus on India and China have positive IRRs, as of September 2012
2 min read · 11 May 2013
Matrix Partners said its raised a $450 million 10th fund with a focus on early stage technology investing. The Boston-based firm with offices in Silicon Valley, China and India said the fund is its third consecutive $450 million fund.
1 min read · 09 May 2013
LiquidSpace said it raised $1.3 million as a follow-on to a $6 million Series B round completed earlier this year. The funding comes from two new strategic investors, Steelcase and CBRE Group, Inc. In January the company raised $6 million in a deal led by The GPT Group and joined by Shasta Ventures, Floodgate Fund and Greylock Capital. Total funding is now $12.385 million.
3 min read · 09 May 2013
PerspecSys Inc., which provides cloud data protection solutions for enterprises, has raised US$12 million in a Series B financing round co-led by Paladin Capital Group and Ascent Venture Partners, and joined by existing investor Intel Capital and other institutional investors. The company has raised more than US$20 million. PerspecSys, which has offices in Canada, the United Kingdom and the United States, first received start-up financing in 2007 from Canadian venture capital firm GrowthWorks.
5 min read · 09 May 2013
Allegis Capital has begun raising a special opportunities fund, according to a filing with the Securities and Exchange Commission. The firm did not offer a target size for Allegis Special Opportunities Fund or list which partners will be associated with it. The fund has not yet had a closing, the document states.
1 min read · 09 May 2013
eFuneral said it raised $250,000 from nonprofit venture outfit JumpStart Inc. The eFuneral's website lets consumers compare funeral home prices and reviews.
2 min read · 08 May 2013
HealthTap said it raised $24 million of Series B financing in a deal led by Khosla Ventures and joined by existing investors Mayfield Fund and Mohr Davidow Ventures. Keith Rabois will join HealthTap's board, and Vinod Khosla will join the board as an advisor.
3 min read · 08 May 2013
Google Ventures has added Ken Norton as a partner at its Startup Lab. Norton announced the news on Twitter. The new hire also was noted on The Next Web. Norton was a group product manager at parent company Google.
1 min read · 07 May 2013