500 Global related stories
All articles and analysis
Seed investing in Silicon Valley takes offSeed deals make up 29% of fundings so far in 2013
Japanese startup Moneytree attracts $1.6 mln in seed fundingMoneytree said Wednesday that it has closed $1.6 million in seed funding. DG Incubation, the investment arm of Japanese tech company Digital Garage, led the round. Based in Japan, Moneytree is a mobile platform that helps people track and manage their money.
KP reorganizes its early-stage team and other VC fund briefsFive partners at Kleiner Perkins to focus on early-stage deals; 500 Startups closes above $44 mln; and Q3 fundraising numbers drop
- Sierra Ventures leads $2 mln round for Runnable
Runnable has secured $2 million in seed funding. Sierra Ventures led the round with participation from Resolute.VC, Angel Pad and 500 Startups. Other investors include Hiten Shah, founder of KISSmetrics and LinkedIn advisor, and Issac Roth, founder of Makara and StrongLoop. Based in Palo Alto, Calif., Runnable is a platform for finding reusable code.
- Relay Ventures leads $2.3 mln seed financing of connected car app Mojio
Mojio Inc, the Vancouver-based maker of a cloud-connected device for cars and an app for smartphones, has closed a seed-stage financing round totaling $2.3 million. The deal was led by Canadian venture capital firm Relay Ventures, with the participation of 500 Startups, BDC Venture Capital and a number of other private funds. Founded in 2012, Mojio will use the new funding to bring to market its connected car app, which the company said is in the final stages of development, and will launch within a few months. Additional products will be made available from the Mojio app store for cars, to be announced in Q1 2014.
Kleiner Perkins invests in the most deals in SeptemberThe storied firm, which just reorganized its early-stage team, ranked as the most active investor during the month
Silicon Valley finds new ways to back tomorrow's winnersA hybrid combining a venture fund and an incubator is the latest way VCs are seeking to find the best companies at the earliest possible stage
- SoftTech VC and 500 Startups seek new funds
A pair of seed investors - SoftTech VC and 500 Startups - have set out to raise new funds. In a filing with the Securities and Exchange Commission, SoftTech VC said it would raise $85 million for a fourth fund. Dave McClure's 500 Startups filed with the SEC to raise a $100 million third fund.
- Microsoft Ventures backs data-sharing platform SkyGiraffe
SkyGiraffe has raised an undisclosed amount of funding from Microsoft Ventures. Based in Mountain View, Calif. and Herzliya, Israel, SkyGiraffe, which is also backed by 500 Startups, is provider of a platform that extends enterprise data to mobile devices.
- VC-backed CapLinked adds advisor
CapLinked has named Dave Curran as an advisor to the executive team. Previously, Curran worked at IntraLinks where he served as the executive vice president of business and legal affairs. Based in Los Angeles, CapLinked is a cloud-based platform for business transactions. It is backed by Conversion Capital, Inflection Ventures,The Artesian Group, FF Angel, Hercules Growth Fund, Siemer Ventures, 500 Startups and PayPal co-founder Peter Thiel.