A total of 17 VC funds that Washing State backed during the recent decade have returned more cash than called
2 min read · 17 December 2012
EcoSolargy Inc. said it raised $150 million in an equity based transaction for its 2013 financing program. The foreign investors were not identified. The company says it is looking to finance utility-scale solar projects that are in pre-development, development or construction stages.
2 min read · 12 December 2012
Look global, think entertainment, capitalize on the rise of a worldwide middle class and take advantage of the cloud. This is the simplest way to summarize Accel Partners’ investment themes of the next five to 10 years,
2 min read · 12 December 2012
23andMe, Inc. said it raised more than $50 million in a Series D financing with new investor Yuri Milner joined by existing investors Google co-founder Sergey Brin, 23andMe CEO Anne Wojcicki, New Enterprise Associates, Google Ventures and MPM Capital. The company said the Series D investment, along with rapidly decreasing costs, allowed it to lower the price of its Personal Genome Service to $99,
3 min read · 11 December 2012
WatchDox said it acquired InstallFree. No terms were released.
2 min read · 11 December 2012
Wayfair.com said it raised $36.3 million in equity financing from Battery Ventures, Great Hill Partners, HarbourVest Partners and Spark Capital. The money will be used to grow Joss & Main, the company's private sale site for the home. The site has nearly three million members and is operating at a $100 million annual revenue run-rate.
5 min read · 10 December 2012
Grishin Robotics said it invested $250,000 in RobotAppStore, an online marketplace for purchasing and downloading hundreds of applications for robots, from Roomba vacuum cleaners and NAO humanoids to the AR.Drone quadcopter and Sphero robotic ball.
3 min read · 10 December 2012
The best performer is Spark Capital II, with a 57.74% net IRR; the worst is the cleantech-focused NGEN II with -35.4%
2 min read · 10 December 2012
Cloudera said it raised $65 million in a deal led by Accel Partners and supported by Greylock Partners, Ignition Partners, In-Q-Tel and Meritech Capital Partners. The investment will fund global expansion, and the company announced it will establish a European headquarters in the United Kingdom in the first quarter of next year.
4 min read · 07 December 2012
Naya Ventures said it completed a first close on its $50 million maiden fund. The early stage venture capital fund, which will focus on the mobile and cloud markets, has already made seven investments, says Dayakar Puskoor, a managing director. All the companies are in the United States. Puskoor says he anticipates investments from the fund of $250,000 to $3 million per company. Naya has its headquarters in Dallas and offices in Silicon Valley, Seattle and Hyderabad.
4 min read · 06 December 2012
