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  • Northern Light closes $404m Fund III
    Aston Tan- 6 January 2013

    The China-focused venture firm will continue to make investments in the country's IT, cleantech and consumer services sectors, but will now also target healthcare for the first time.

  • Greylock expands Fund XIII, launches growth fund
    Graham Winfrey- 5 January 2013

    Venture firm Greylock Partners has expanded its thirteenth fund to $1bn and has formed Greylock Growth, a later stage strategy, says partner David Sze.

  • Greylock collects $575m for Fund XIII
    Christopher Witkowsky- 5 January 2013

    The VC firm has also hired LinkedIn co-founder Reid Hoffman as a partner.

  • BAIN GETS LINKEDIN
    PEI Staff- 5 January 2013

    The social networking site for professionals has received $53m in its fourth financing.

  • Vector to buy software company for $160m
    Suzanne Weinstock- 5 January 2013

    After rebuffing the San Francisco-based firm’s $13 per share offer last summer, Aladdin Knowledge Systems has accepted an offer of $11.50 per share.

  • LinkedIn financing maintains $1bn valuation
    Suzanne Weinstock- 5 January 2013

    Goldman Sachs, The McGraw-Hill Companies, SAP Ventures and Bessemer Venture Partners have added $23m on to the $53m in Series D financing the professional networking site raised over the summer.

  • Highland leads $29m social networking investment
    Suzanne Weinstock- 5 January 2013

    The Boston-based venture firm was joined by Greylock Partners, Omidyar Network and SVB Capital in the Series C financing for Digg.

  • The Google-killers?
    Matt Levin- 4 January 2013

    A team of ex-Google engineers have debuted search engine Cuil to mixed reviews. Have VC firms Greylock, Madrone and Tugboat backed a contender or a start-up flop?

  • Social networking continues to lure venture capital
    Suzanne Weinstock- 4 January 2013

    LinkedIn, SodaHead, Twitter and I’m In Like With You are among the most recent companies to receive backing in the increasingly crowded social networking sector.

  • Bain deal values LinkedIn at $1bn
    PEI Staff- 4 January 2013

    Bain Capital has led a $53m funding round for social networking site LinkedIn in return for a 5 percent stake.