CB Insights took at look at which seed deals received follow-on funding and listed investors by the ability of their portfolios to raise new money. Here are the top 10.
1 min read · 07 May 2013
Menlo Ventures has added Avery More as a venture partner and Alex Gorelik as an EIR, according to a blog post. More will source enterprise deals at the firm and Gorelik will incubate a company and offer advice on the cloud and big data investments.
1 min read · 07 May 2013
With a handful of major technology disruptions sparking infectious excitement across venture, several key fundamentals are worth paying attention to including: don’t accept too high a valuation. I was reminded of this by Saad Shahzad, who has been around the venture capital block a few times. Here is what he has to say.
4 min read · 06 May 2013
Merchantry said it raised $7 million of Series B growth capital in a deal led by Kite Ventures and joined by Greycroft Partners and e.ventures. The new investment comes on top of the $10 million the company raised in Series A funding in 2011 and 2012 from GIFTLAB.com founder Carmen Busquets, Marvin Traub Associates and others.
2 min read · 06 May 2013
Of its 13 funds, more than half boast negative IRRs, as of September 2012
2 min read · 06 May 2013
NewSpring Capital said it closed its third growth equity fund, NewSpring Growth Capital III, with total commitments of $250 million. The fund exceeded its target of $200 million and is larger than the firm's $136 million first fund, NewSpring Growth Capital, and $163 million second fund, NewSpring Growth Capital II. The firm has combined assets under management of over $950 million.
3 min read · 03 May 2013
Scott Sandell and several of his New Enterprise Associates colleagues unveiled Innovate for America, a campaign to encourage American companies with at least one immigrant founder to publicize the number of people they have hired in the United States. So far, 38 companies are involved and more than 3,700 jobs recorded. Companies that participate can place an Innovate for America widget on their Web pages.
1 min read · 03 May 2013
Salesforce.com and the European venture firms Notion Capital, Octopus Investments and MMC Ventures unveiled an Innovation Challenge for European start-ups building enterprise cloud apps on the Salesforce platform. The winning startups will have the opportunity to pitch for about $6.5 million of venture funding.
8 min read · 02 May 2013
FeedHenry said it raised $9 million in a round led by Intel Capital and joined by new investor ACT Venture Capital and existing investors Kernel Capital, VMware Inc. and Enterprise Ireland. Private investors also participated. The new funding will support the international expansion of the company's mobile application platform.
3 min read · 02 May 2013
Zynga and the NewSchools Venture Fund joined forces Wednesday to unveil an ed-tech accelerator aimed at assisting young companies developing games to help students learn. Zynga.org, the game maker’s non-profit arm, said it plans to invest $1 million in the effort in its first year
1 min read · 01 May 2013
