500 Global related stories
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BBVA agrees to buy VC-backed Simple for $117 mlnGlobal financial services firm BBVA has agreed to acquire Simple for $117 million. Based in Portland, Oregon, Simple is a provider of digital banking services. Its backers included SV Angel, Anthemis Group, Neu Venture Capital, Lerer Ventures and First Round Capital.
Former 500 Startups partner nears first close for Crystal Tech FundNew venture fund plans to raise $50 million to invest in ”post-seed” Internet companies stuck between the gap between seed and Series A rounds.
AngelList syndicates reveal close-knit groupsSeed investor circles are proving to be a new kind of clique, with angels and VCs investing in groups and people they know best
- Westly Group leads Series A round for MyHealthTeams
According to a blog post on its site, MyHealthTeams has closed $3.36 million in Series A financing. Westly Group led the round with participation from Adams Street Partners, 500 Startups, HealthTechCapital, Sand Hill Angels and TEEC. In conjunction with the funding, Westly Group's Gary Dillabough will join the board of directors. Based in San Francisco, MyHealthTeams builds social networks for people facing chronic health conditions. To read more about the funding, visit here. http://www.myhealthteams.com/blog/
- Crowdfunder snags $1 mln in seed funds
Crowdfunder has closed $1 million in seed funding. Investors included 500 Startups / 500 Mexico and K5 Ventures. Based in Los Angeles, Crowdfunder is a business crowdfunding platform.
- Sightly raises $1.7 mln in seed funding
Sightly, a video advertising technology company, has raised $1.7 million in seed funding. The funding round was led by Mack Capital, with participation by investors including Tomorrow Ventures and 500 Startups.
- McClure raises $2 mil for 500 Luchadores
Dave McClure has raised just over $2 million from 24 investors for 500 Luchadores, a Mexico-focused seed fund, according to an SEC filing. McClure, founder of 500 Startups, began raising 500 Luchadores in November 2012. It has a target of $5 million.
- Crosslink Ventures leads $8.1 mln round for Visually
Visually said Tuesday that it has raised $8.1 million in Series A financing. Crosslink Ventures led the round with participation from Correlation Ventures, SoftTechVC, 500 Startups, Giza Ventures, Quest Ventures and Kapor Capital. Based in San Francisco, Visually is a marketplace for visual content.
Real Ventures 3.0 to launch with imminent first close of $100 million partnershipReal Ventures recently signaled a new direction for the six year-old venture capital firm – a direction that will soon be made manifest by the first close of its third, $100 million partnership, Real Ventures III, peHUB Canada has exclusively learned.The fund’s launch will cap what has been an exceptionally active period for the Montréal-based Real Ventures, one of Canada’s foremost early-stage IT and Internet-focused investment specialists, and the most active private investors in domestic seed-stage and startup financings in 2013, according to Thomson Reuters.
- Volta Industries nabs over $1.8 mln in seed funds
Volta Industries has closed $1.875 million in seed funding. Investors included EPIC Ventures, Blue Startups, 500 Startups and Ulupono Initiative, the Hawaii-based social investment firm of eBay founder Pierre Omidyar. According to Volta, the capital infusion will be used for product development and expansion. Based in Honolulu, Volta is a provider of electronic vehicle charging stations.