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  • Atlas, Apax secure Systemonic exit
    PEI Staff- 30 December 2012

    Dutch electronics giant Philips has paid an undisclosed sum for the VC-backed German wireless network company.

  • Atlas cuts funds by $367m
    PEI Staff- 30 December 2012

    Atlas Venture is the latest venture capital entity to feel the pinch in the early stage sector, cutting its sixth fund by 38 per cent back to $600m and closing two of its US offices.

  • Court orders funds disclosure
    PEI Staff- 30 December 2012

    A US attorney general has decreed that UTIMCO must publicly release the investment figures for its $1.7bn private equity portfolio.

  • Atlas hires for biotech team
    PEI Staff- 30 December 2012

    The early-stage VC firm has appointed Timothy Wilson to the firm’s life sciences investment practice.

  • Texas to publish performance data
    PEI Staff- 30 December 2012

    The University investment management body has confirmed that it will publish performance data for its venture capital investments as early as next week.

  • Deal round up 10/10/02
    PEI Staff- 30 December 2012

    Phyworks secures £6m from UK VCs; Ventech takes minority stake in Telisma; Royal Bank Ventures backs Aspects expansion

  • Atlas boosts telecoms team
    PEI Staff- 30 December 2012

    The international life sciences and IT investor has named a former Nortel Networks strategy partner as a venture principal for the firm’s US and European investments.

  • Benchmark names fourth London GP
    PEI Staff- 30 December 2012

    The US early-stage high-tech investor has appointed Mark Evans a general partner in the London office.

  • Atlas Venture announces fund cutback
    PEI Staff- 30 December 2012

    The international technology investor is to reduce the size of its latest fund by 12 per cent due to slow deal flow in the sector.

  • Viventures scales back E638m technology fund
    PEI Staff- 30 December 2012

    The global venture firm has become the latest early stage investor to release limited partners from part of their commitments.