Assured Labor said it raised $5.5 million in a round led by Capital Indigo and joined by existing investors Great Oaks Venture Capital, Nexus Venture Partners, Kima Ventures, Enzyme Venture Capital, Fabrice Grinda and Jose Marin. The mobile recruitment company said the money will allow it to expand engineering and sales staff to handle emerging markets demand.
3 min read · 25 April 2013
EV Connect said it raised an initial round of financing from 37 Technology Ventures, Jackrel Ventures, Tech Coast Angels, Maverick Angels, Keiretsu Forum and individual investors. The integrator of electric vehicle charging stations offered no additional detail on the financing.
2 min read · 25 April 2013
Cleantech returns" is widely seen as an oxymoron. The belief is that nothing much has come from the tens of billions venture capital and private equity funds put into alternative energy and energy efficiency companies since the start of the investment boom.
1 min read · 24 April 2013
3scale said it raised $4.2 million of new funding in a round from Javelin Venture Partners and Costanoa Venture Capital. The new money will expand the API management company's service offerings and help it reach a global audience.
4 min read · 24 April 2013
Wellington Partners said it is the lead investor in a $23.7 million Series C financing round for Genticel which was closed this week. Wellington Partners committed about $5 million and the remaining came from existing shareholders, including EdRIP, IDInvest, InnoBio, IRDI and Amundi. The funds will be used primarily to finance a phase II program for the Toulouse, France-based HPV- vaccine developer's lead product ProCervix.
4 min read · 24 April 2013
Disruption – the very thing VCs expect from their portfolio companies – has begun to reshape the venture business, Mark Suster told general partners at Thomson Reuters’ Venture Alpha East conference in Boston earlier this month.
2 min read · 24 April 2013
VoloMetrix said it raised $3.3 million in a Series A financing led by Shasta Ventures. The company raised a seed round of $1.6 million from Shasta Ventures in April 2012. The new money will allow the company to expand the development of its Social Enterprise Intelligence applications and pursue new markets.
3 min read · 24 April 2013
The Silicon Valley Venture Capitalist Confidence Index rose in the first quarter for the third quarter in a row, University of San Francisco Professor Mark V. Cannice said Wednesday. The index of 3.73 (5 indicates high confidence and 1 indicates low confidence) increased from 3.63 in the fourth quarter. The index is meant to measure business sentiment in the entrepreneurial environment of the San Francisco Bay area and Silicon Valley.
9 min read · 24 April 2013
Standouts include funds by Emergence Capital Partners, NEA and Pinnacle Ventures
2 min read · 24 April 2013
A report by Silicon Valley Bank finds 87% of technology startups plan to hire in 2013. The Startup Outlook report is based on a survey of more than 750 startup executives in the United States and 125 in the United Kingdom. In the U.S., hiring intentions are up 14% from four years ago, when the annual survey began.
3 min read · 23 April 2013
