The Employee Stock Option Fund said ti hired Michael Banks as a venture partner. Banks is a founding partner of Windy Hill Capital, a seed capital fund.
2 min read · 19 February 2013
The performance of WSIB’s funds from 2006 to 2010 is strong, as four of the funds from the period have IRRs above 20%, while only one has a negative IRR
2 min read · 18 February 2013
A key private equity and venture capital index measuring returns in Australia rose by 2.90% in the third quarter of 2012, according to a report from the Australian Private Equity and Venture Capital Association. For the 12 months ending September, the index rose by 6.44%, but trailed the S&P/ASX 300 Index's gain of 14.46%.
4 min read · 15 February 2013
Cohera Medical, Inc. said it added to its Series D financing by raising another $7.3 million. The company had raised $9.7 million in 2012 with the round now totaling $17 million. No investors were named in a press release, however one backer of the company is Kern Whelan Capital.
4 min read · 15 February 2013
The Green Gateway Fund, also known as the Europe-Tatarstan Cleantech Fund and which is managed by Wermuth Asset Management, made its first investment by taking a minority stake in The Mobility House. The company is focused on home charging systems market for electric cars. No terms were disclosed.
4 min read · 15 February 2013
InVisage Technologies, Inc. said it raised a Series D round led by GGV Capital and joined by Nokia Growth Partners along with existing investors RockPort Capital, InterWest Partners, Intel Capital and OnPoint Technologies. The company did not release the size of the round.
3 min read · 13 February 2013
Turner Broadcasting expanded its Media Camp startup accelerator program to Los Angeles. Already Turner, a division of Warner Bros. Entertainment, operates an accelerator in the Silicon Valley. Startups in the accelerator get 12 weeks of mentorship and access to executives, and financial incentives.
2 min read · 13 February 2013
On Deck said it raised $42 million in Series D financing in a deal led by Institutional Venture Partners and joined by existing investors RRE Ventures, SAP Ventures and First Round Capital. The round was oversubscribed.
4 min read · 13 February 2013
Persado said it raised $15 million of Series A funding in a deal led by Bain Capital Ventures. The company will use the money to expand sales and marketing efforts, increase R&D and establish a headquarters in New York City.
4 min read · 13 February 2013
Lux Capital said it has raised a third fund of $245 million, a step up from its second fund of about $100 million. The firm said the new fund was oversubscribed and exceeded its initial $200 million target.
3 min read · 13 February 2013
