Mohr Davidow Ventures related stories
All articles and analysis
To Have and Have NotFundraising is up but so is capital scarcity and the gulf between success and failure
- VC People Moves, June 2011
Hires and other personnel changes at Greycroft, Lightbank and Chrysalis among other VC firms
- Investors Launch Vancouver-based "Start-up Boot Camp"
Venture investors iNovia Capital, the Business Development Bank of Canada and BlackBerry Partners Fund have teamed up to launch a Vancouver-based accelerator program called GrowLab, the firms announced Thursday. Dubbed a “start-up boot camp” for entrepreneurs, participating companies can seal up to $25,000 in seed financing, four months of mentorship, free office space and the opportunity to pitch investors at the end of the program for follow-on funding.
- CardioDx Seals $60M in Equity Financing
CardioDx, a company developing cardiovascular genomic diagnostics, has raised $60 million in new equity funding. New investors Longitude Capital, J.P. Morgan, Acadia Woods Partners, Artiman Ventures, and Bright Capital, the venture arm of RU-COM, participated in the round, which also included the company’s previous investors. The company has raised money previously from Kleiner, Perkins, Caufield & Byers, Mohr Davidow Ventures, TPG Biotech, Intel Capital, Pappas Ventures, DAG Ventures, Asset Management Group and GE Capital. Funding will be used to expand reimbursement coverage in the United States for the company’s blood-based gene expression test for obstructive coronary artery disease, as well as to continue development of future products. The company, based in Palo Alto, Calif., closed a $45 million round in May 2010.
- Slideshow: Solar Still Drives Cleantech Investing
Solar continued to be the driving force behind cleantech investing in the first quarter as venture capitalists shifted dollars to more mature, later stage companies. The quarter saw investors worldwide pour $2.57 billion into 159 companies, a 13% increase in dollars from last year, according to the Cleantech Group. The majority of the money – 93% - went to follow-on rounds. Surprisingly, this more cautious environment was fertile ground for solar deals. Solar startups attracted $641 million, or 24% of total dollars, as several big deals led the way. The next closest industry sector was transportation, with less than half the committed dollars.
- Ticketfly Inks $12M Series B
Ticketfly, a San Francisco-based independent ticketing and social marketing company, has closed on $12 million in Series B financing, bringing its total raised to $15 million. Mohr Davidow Ventures led the round, which included participation from existing investors High Peaks Venture Partners, Contour Venture Partners and angel investors Roger Ehrenberg and Howard Lindzon. The company announced an initial $3 million round in May 2010.
If I Can Make it ThereNearly every top Silicon Valley VC firm is sending partners to explore New York City. Will they hit it big or drive up valuations?