Highland Capital Partners related stories
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Crosslink Capital Promotes Eric Chin, Isabelle FymatVenture firm Crosslink Capital has promoted Eric Chin and Isabelle Fymat to General partner. Chin joined the firm from Bay Partners in 2010. He focuses on investments in the Internet, software, and services sectors, and was responsible for launching the company's first seed fund which completed 23 investments in 2011. Fymat joined Crosslink in 2004. She led early investments in companies including Google, Vista Print, Omniture, and Priceline, the firm said in a written release.
- Index Ventures Seals $700M for Growth Deals
Firm also announces new office in San Francisco as a home base for servicing U.S. portfolio companies
- VMTurbo Seals $10M
VMTurbo, maker of workload management software for cloud and virtualized environments, has closed on $10 million in Series B financing. Returning investors Bain Capital Ventures and Highland Capital Partners provided the financing. VMTurbo is based in Waltham, Mass.
- Impermium Adds $8M Series A
Impermium, maker of a service to fight social web spam, has closed on $8 million in Series A funding. Highland Capital Partners led the round, with participation from existing investors including The Social+Capital Partnership and Freestyle Capital.
- PayPal Prez Hops on PerkStreet’s Board
PerkStreet Financial, the consumer financial services company, has welcomed a boldface-name to its board in Scott Thompson, who serves as president of Paypal. In fact, Thompson has a habit of turning up on popular companies’ boards, he’s also with the board of directors for Zuora, which announced a new funding round early Wednesday. “Thompson will be taking an active role in the continued development and execution of PerkStreet's strategy to use the power of next-generation banking to save Americans money,” according to a statement from the company. PerkStreet’s backers include Highland Capital and Globespan.
- Beyond the Rack Racks up $36M Equity Round
Canadian e-tailer Beyond the Rack reeled in $36 million in VC bucks from investors Panorama Capital, the California VC that read the round, and other investors Export Development Canada, Tandem Expansion Fund, Rho Canada, Inovia Capital, Highland Capital Partners and BDC Capital. Shahan Soghikian, a MD with Panorama Capital, will join Beyond the Rack’s board.
- People Briefs, November 2011
Personnel changes at TCV, Highland, Mayfield and other U.S.-based VC firms
VCs Playing with Social GamingSocial gaming has proved a big hit on Facebook, and a Turkey-based startup wants to join the fray
- Providence Equity Partners Backs OpenSky.com
Providence Equity Partners has led a $30 million round for online shopping company OpenSky.com. Existing investors Highland Capital Partners, Canaan Partners and The Raine Group also participated in the round. OpenSky allows users to tailor their own recommendations by choosing various “experts” in food, style, health and design.