Venture capitalists began 2013 by pouring money into startups at the slowest pace in two years, suggesting a reset for an industry where dollars coming into new funds has trailed portfolio company investments for six years.
2 min read · 19 April 2013
Fits.me said it raised almost $7.6 million in a Series A round from existing investor SmartCap and new investors Conor Venture Partners, Fostergate Holdings Limited and The Entrepreneur’s Fund. The company in May 2009 and August 2010 received seed and early-stage investments of slightly less than $2.67 million from Smartcap and angel investors.
4 min read · 18 April 2013
Reduxio Systems said it raised $9 million in a Series A round led by Jerusalem Venture Partners and Carmel Ventures. Reduxio is developing a storage operating system.
3 min read · 17 April 2013
HAPILABS said it has begun a Kickstarter crowdfunding campaign to raise money for the manufacture and distribution of its HAPIfork. The electronic fork, that vibrates when a user eats too quickly, was unveiled at the Consumer Electronics Show in January and is still in prototype. The $100,000 Kickstarter campaign will allow up to 2,500 people to obtain the fork for $89 and offer it at $99 for everyone else.
3 min read · 17 April 2013
Valuations are strong for venture-backed enterprise companies and Internet startups with top prospects. What about health care? Turns out 2012 was a relatively solid year there, too. Up rounds outpaced down rounds 52% to 17% over the 12 months.
1 min read · 16 April 2013
SocialFlow said it raised a $10 million Series B round in a deal led by Fairhaven Capital and joined by existing investors SoftBank Capital, RRE Ventures, AOL Ventures and Betaworks. Also in the round were new investors kbs+ Ventures and Rand Capital Corporation. SocialFlow is developing social media marketing products.
3 min read · 16 April 2013
Booker, formerly GramercyOne, said it raised $27.5 million in Series B funding in a deal led by Bain Capital Ventures and joined by existing investors Revolution Ventures, Grotech Ventures, TDF Ventures, and Vital Financial. The company will use this money to scale its product and sales staffs.
4 min read · 16 April 2013
Angel investors continued to pay up for deals in 2012, though the median round size slipped slightly for the year, according to the Halo Report of angel group investment trends.
1 min read · 16 April 2013
LearnZillion said it raised $7 million of Series A funding in a deal led by DCM and joined by O’Reilly Alpha Tech Ventures, NewSchools Venture Fund, Calvert Social Investment Fund, and D.C. Community Ventures. The new round brings total funding to date to $9.4 million. The company raised a $2.4 million seed round.
5 min read · 15 April 2013
Modest gain for many of UC Regents investments suggest a trend underway
2 min read · 15 April 2013
