Correlation Ventures related stories
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Swell App Raises $5.4M, Led by DFJThe mobile app developer Swell has raised $5.4 million in Series A funding led by Draper Fisher Jurvetson and including Google Ventures, InterWest Partners, Correlation Ventures and Draper Nexus Ventures. The Palo Alto, Calif.-based company previously raised $1.8M in seed funding from Google Ventures, Charles River Ventures, DFJ, Andreessen Horowitz, Inspovation Ventures and individual investors.
- invino Secures Series A Funding
invino, a private sale site for wine, has secured Series A funding. To date, invino has raised over $3 million in venture capital. Investors include DN Capital (also on the board), Founders Fund, Launch Capital, Correlation Ventures, Veddis Ventures, Super Angels, Fabrice Grinda, and Jose Marin.
Evidence, Finally, that VCs Are More Important than Their FirmsAccording to a new study published by Harvard and Carnegie Mellon academics, individual venture capitalists are roughly five times more powerful than venture firms as leading indicators of successful startups.
How VCs Can Make a Real Difference in Startup Success (Part 2 of 2)In Part 2 of a two-part series, David Teten of ff Venture Capital and his research partners discuss three common categories of VCs in terms of attitude and practices towards investing and portfolio company support: Financiers, Mentors and Portfolio Operators.
- Gynesonics Closes $21 Mln Financing Round
HBM Partners led a $21 million Series D financing round for Gynesonics. Correlation Ventures, a new investor, took part in the financing as well as existing investors Abingworth, Advanced Technology Ventures (ATV) and InterWest Partners. Redwood City, Calif.-based Gynesonics is a women’s healthcare company that develops minimally invasive solutions for symptomatic uterine fibroids.
- Gynesonics Raises $21M
Gynesonics Inc., a women’s healthcare company, has raised a $21 million Series D round led by HBM Partners. New investor Correlation Ventures and existing investors Abingworth, Advanced Technology Ventures and InterWest Partners also participated. The money will be used for clinical and commercial development of the company’s treatment for uterine fibroids.
- Distil.it Raises $1.8M in Seed Funing
Distil.it, a maker of a cloud-based enterprise service to protects website content from scraping and malicious bots, has raised $1.8 million in seed financing. The round was led by ff Venture Capital with participation from Correlation Ventures, Idea Fund Partners, CIT, Piedmont RIA, Cloud Power Fund, and TechStars.
- Galera Therapeutics Inks $11M
Galera Therapeutics Inc., a developer of drugs targeting oxygen metabolic pathways in cancer, fibrosis and other human diseases, has raised $11 million Series A funding. The round is co-led by New Enterprise Associates and Novartis Venture Fund and includes participation from Correlation Ventures. The money will be used to expand clinical development.
The New Fundraising Kids on The BlockThe ratio of new to follow-on VC funds may have dropped this year, but the four firms profiled here have had little issues raising funds to date
- PowerInbox and ActivePath Merge with Venture Funding
Email technology provider PowerInbox has merged with ActivePath, a provider of interactive email technology within the enterprise space. PowerInbox is based in Cambridge, Ma, and ActivePath is based in New York, with offices in Tel Aviv, Israel. The combined entity will have $10 million in funding from Atlas Venture, Longworth Venture Partners, Battery Ventures, Genesis Partners, GIMV NV and Correlation Ventures.