Venture investors seem to have come to terms with the notion that a 1,000 or so seed companies may find their road comes to an end from the so-called Series A crunch. The next question is exactly which companies are most likely to run out of gas?
2 min read · 19 March 2013
Thanks in part to the Facebook IPO, venture investors in 2012 saw their best return on invested capital in a decade. A steady rise in the ratio of portfolio company exit size to capital raised continued through the year.
1 min read · 19 March 2013
Goodwin Procter said it has redesigned and enhanced its Founders Workbench site for entrepreneurs. The site includes free legal documents for company creation and other tasks, along with an online calculator for determining deal dilution. The site first launched in 2010. It also has a blog and information on best practices.
3 min read · 18 March 2013
Textura Corporation said it plans to conduct an IPO of its common stock once the Securities and Exchange Commission finishes a review of its S-1. The company filed confidentially with the commission. The number of shares and their price range have not yet been determined, the company said.
1 min read · 18 March 2013
Emergence Capital Partners said it appointment Alison Berkley Wagonfeld operating partner. She will work with portfolio companies and help them with recruiting and talent management. Wagonfeld previously was executive director of Harvard Business School’s California Research Center in Menlo Park and before that co-founded QuickenLoans at Intuit.
3 min read · 18 March 2013
Nashville tech accelerator Jumpstart Foundry and nestGSV said they formed a partnership to allow Jumpstart Foundry startups to attend 12-week residencies at nestGSV’s Silicon Valley campus. Jumpstart will cover expenses for office and living space.
4 min read · 15 March 2013
From 2004 through 2012, 11 of its 18 venture funds have IRRs in the negative
2 min read · 15 March 2013
Iris Capital and Capnamic Ventures have agreed to a partnership for making early stage investments in Germany. Iris Capital's early-stage vehicle, OP Ventures Early Stage, will co-invest with the newly launched Capnamic Ventures Fund. The cooperation may also extend to later stage investments in Germany.
3 min read · 14 March 2013
French company EyeTechCare SA said it raised a $13 million third round of funding from private investor Bernard Chauvin as well as existing investors Omnes Capital (formerly Credit Agricole Private Equity) and the Lyon-based insurer SHAM. The company is developing medical devices for the ophthalmology market.
5 min read · 13 March 2013
XL Hybrids, Inc. said it raised $4 million in a Series B round of private investment with previous investors participating in the round. The company did not name its investors in a release. It said only that its investors include entrepreneurs and business executives from multiple industries, including automotive, energy, software and finance.
3 min read · 13 March 2013
