TravelerVIP.com, a hotel booking website, said it raised more than $1 million from BECO Capital and a consortium of angel investors, including Soha Nashaat, former CEO of Barclays Wealth MENA & Turkey, and Jakob Beck Thomsen, CEO of SaxoBank MENA & Turkey.
3 min read · 11 February 2013
Social software startups providing products to businesses have been catching the eye of venture capitalists for some time. Thirty-eight of 55 companies identified by Jeremiah Owyang, a partner at the research firm Altimeter Group, received funding.
2 min read · 11 February 2013
VCJ obtained exclusive fund performance data from MassPRIM that shows the LP bought into more than two dozen funds from 2007 to 2012
2 min read · 11 February 2013
Among the top funds in its limited venture portfolio are Insight Venture Partners V, Union Square Ventures 2004, Summit Partners Venture Capital Fund II-A and New Enterprise Associates 12
2 min read · 10 February 2013
The state pension fund invested in two notable venture capital funds last summer: Michael Kim’s Cendana Capital and Roger Ehrenber’s IA Ventures
2 min read · 10 February 2013
Big Switch Networks said that Intel Capital has joined the company’s Series B funding, bringing the total raised to date to over $45 million. Big Switch investors include Goldman Sachs, Index Ventures, Khosla Ventures and Redpoint Ventures. The company initially announced a Series B of $25 million in October with Redpoint leading the deal. It raised a Series A round of $14 million in 2011.
3 min read · 08 February 2013
The place to be in Silicon Valley on Wednesday was 500 Startups’ latest demo day, judging by the number of venture capitalists who attended. The busy affair drew partners from New Enterprise Associates, Canaan Partners, Onset Ventures, Draper Fisher Jurvetson, Khosla Ventures and Emergence Capital Partners.
2 min read · 07 February 2013
DataXu said it raised $27 million in a round of financing led by Thomvest Ventures and joined by existing investors Atlas Venture, Flybridge Capital Partners and Menlo Ventures. Thomvest Managing Director Stefan Clulow joins DataXu’s board.
3 min read · 07 February 2013
The average seed and early stage deal is falling in size and this probably isn’t bad for the venture business. So says AngelList co-founder Naval Ravikant, who offered his deal pricing forecast during on-stage interview at the 500 Startups Demo Day.
2 min read · 07 February 2013
The National Venture Capital Association is adding an office hours event to its annual meeting on May 14 in San Francisco. The event, for entrepreneurs and venture capitalists, will guarantee entrepreneurs at least two meetings with venture investors.
2 min read · 06 February 2013
