Blumberg Capital related stories
All articles and analysis
VideoGenie Seals $2M from Schmidt, BlumbergConsumer-generated video company VideoGenie has closed $2 million in Series A financing led by Blumberg Capital. Google Chairman Eric Schmidt's Innovation Endeavors also participated in the round. The money will help the company, which launched in May 2010, expand its team. The company’s technology is aimed at helping customers connect with brands via user-generated videos.
- Blumberg Capital Leads $1 Mln Funding Round for Mobile Spinach
Mobile Spinach said Monday that it has raised $1 million in VC funding led by Blumberg Capital. Quest Ventures and Launch Capital also participated. San Francisco-based Mobile Spinach is a web-based platform embedded in third-party mobile smartphone apps and websites.
- Legolas Media Inks $5M
Legolas Media, the developer of an online advertising marketplace, has raised $5 million in a Series B financing led by Valhalla Partners. Current shareholders Greylock Partners and Blumberg Capital also participated in the round. Valhalla’s Kiran Hebbar joins the board as a result of the round.
- Damballa Adds $12M in New Funding
Atlanta-based network security company Damballa Inc. has raised $12 million in new funding. New investor Paladin Capital Group contributed to the financing, as did existing investors Sigma Partners, Palomar Ventures, InterWest Partners, GRA Venture Fund, Imlay Investments, and Blumberg Capital. The company will use the new money to expand its technology. Paladin Capital is based in Washington D.C.
- Fund Briefs, February 2011
Accel sets up NY digs; Cava to raise $100M in 2011; Union Square nearing $200M; and more fundraising briefs
- Blumberg Capital Raised Total of Fund II By 37 Percent To $90 Million
Blumberg Capital Ventures of San Francisco increased the total of its Blumberg Capital II LP Fund to $90 million. The additional investment represents a 37 percent increase from the initial amount raised. A majority of new capital came from current limited partners.
- Executive moves, week of Aug. 9, 2010
Hires and promotions at Arsenal Capital Partners and other VC and PE firms
- Bipul Sinha Joins Lightspeed Venture Partners
Bipul Sinha has joined Lightspeed Venture Partners as a principal. He previously was a principal with Blumberg Capital.