BlueRun Ventures related stories
All articles and analysis
Updated: Riya To Stop SearchingRiya, a San Mateo, Calif.-based visual search service, will shut down at the end of next week, according to an email sent to users this morning (and first reported by TechCrunch http://www.techcrunch.com/2009/08/14/a-sad-day-goodbye-riya/ ). Riya's parent company had raised around $55 million in VC funding since 2004, including a $32 million Series C round last August. Investors included Bay Partners, BlueRun Ventures, Crosslink Capital, First Round Capital, Leapfrog Ventures and Menlo Ventures. Update: We misinterpretted the original email, assuming it meant that the entire parent company was shutting down. It is not. Big apologies. Here's an email from CEO Munjal Shah: We are not shutting down the company Like.com just the website Riya (Riya is owned by Like.com). The company continues to focus on building Like.com and covet.com (new site we recently launched). Together these sites are generating over $20MM in yearly revenue for us and providing leads that help retailers sell over $100MM in merchandise per year. We will be profitable later this year. In terms of Riya we stopped focusing on the face recognition website years ago and while we had transitioned out focus and company name to Like.com, we had never shut it down until now.
- peHUB Wire: Friday, August 14, 2009
Friday Feedback
- peHUB Wire: Friday, August 14, 2009
Friday Feedback
- Exit watch, week of July 27, 2009
Snippets about the M&A transactions involving Symphoniq and other VC-backed companies
- AuthenTec Buys Atrua Technologies
AuthenTec (Nasdaq: AUTH) has acquired Atrua Technologies Inc., a Campbell, Calif.-based provider of intelligent touch controls for mobile devices. The deal is valued t approximately $4.9 million in cash. Atrua had raised over $33 million in VC funding, from firms like BlueRun Ventures, Ericsson Venture Partners, Neocarta Ventures, Osprey Ventures, Hua Hong Group and Mosen Company Ltd.
- peHUB Wire: Wednesday, July 22, 2009
Random Ramblings
- peHUB Wire: Wednesday, July 22, 2009
Random Ramblings
- Executive moves, week of July 13, 2009
News about Citi exec Gary Crittenden joining Huntsman Gay, Vineet Buch leaving BlueRun, Debra Somberg moving from GP to venture partner at Maveron, more
- peHUB First Read
* Bill Gross http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2009/Investment+Outlook+July+2009+Gross+Appetit.htm : “Greed will come again. But for now, the trend is the other way and it promises to persist for a generation at a minimum." * David Callaway http://www.marketwatch.com/story/wall-streets-giving-tips-again-time-to-worry : Time to worry. Banks are recommending each other's shares again. * Q2 data dump https://admin.venturecapitaljournal.com/43553/private-equity-activity-falls-in-q2/ : 32 pages of M&A and private equity deal data, league tables, etc. * Morning Call: U.S. futures lower http://www.reuters.com/article/usMktRpt/idUSN0254242220090702 ahead of June jobs data, London falls early http://www.reuters.com/article/londonMktRpt/idUSL24847820090702 European shares drop http://www.reuters.com/article/eurMktRpt/idUSL226887020090702 the Nikkei closes down 0.6% http://www.reuters.com/article/tokyoMktRpt/idUST21667620090702 and Chinese stocks hit 13-month high http://www.reuters.com/article/hongkongMktRpt/idUSHKG22597220090702 * New photos of the Madoffs at play http://www.thedailybeast.com/blogs-and-stories/2009-07-01/new-photos-madoffs-at-play/ Could be worse, I guess. At least they're not nude photos of the Madoffs at play. * The EVCA has released a new code of conduct for placement agents. Here you go. https://admin.venturecapitaljournal.com/wp-content/uploads//pr-placementcode-01-07-09-final.doc * Kip Kirkpatrick's decision to run for Illinois State Treasurer won't trigger a keyman vote at Water Street Healthcare Partners http://blogs.wsj.com/privateequity/2009/07/01/kirkpatricks-political-plans-wont-trigger-key-man-for-water-street/?mod=rss_WSJBlog the private equity shop he co-founded and is now leaving. Apparently the only listed keyman is fellow co-founder Tim Dugan. Kinda odd, but ok. Still doesn't mean all LPs are thrilled that
Left OutStartups developing applications for mobile and social networking platforms are finding success quickly, often without help (or money) from VCs.