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  • CIT GAP invests in Fitnet
    Luisa Beltran- 17 September 2013

    The Center for Innovative Technology said that its CIT GAP Funds has invested in Fitnet. Financial terms weren't announced. Blacksburg, Va.-based Fitnet is a virtual fitness studio application.

  • Top IPOs deliver big returns for venture funds -- VCJ report
    Joanna Glasner- 13 September 2013

    Workday ranks as the most highly valued VC-backed company nearly 12 months after its public debut, according to an analysis by Venture Capital Journal.

  • CIT GAP Funds invest in EVS Glaucoma Therapeutics
    Luisa Beltran- 11 September 2013

    The Center for Innovative Technology said Wednesday that its CIT GAP Funds has invested in EVS Glaucoma Therapeutics. Financial terms weren't announced. Herndon, Va.-based EVS is developing a sustained delivery system for glaucoma medication.

  • Greylock Partners Raises $1B For New Venture Fund
    Reuters News- 10 September 2013

    Greylock Partners, the venture-capital firm behind companies such as LinkedIn, said on Tuesday it raised a $1 billion fund, its 14th.

  • Waterloo-based Desire2Learn buys Knowillage Systems
    Brad Meikle- 9 September 2013

    Desire2Learn Inc., a Waterloo, Ontario-based education technology platform that is backed by New Enterprise Associates and OMERS Ventures, has acquired Knowillage Systems Inc. No financial terms were disclosed. Based in Richmond, British Columbia, Knowillage Systems is a provider of adaptive learning solutions. Update: The Knowillage acquisition is Desire2Learn's third since it received $80 million in venture capital financing in September 2012. Please see peHUB Canada's feature story about Desire2Learn here /2013/04/22/the-growth-desire2learn-with-and-without-venture-capital/

  • Data spotlight: Top IPOs deliver big returns for VCs
    Joanna Glasner- 9 September 2013

    Workday ranks as the most highly valued VC-backed company nearly 12 months after its IPO

  • Sequoia Capital and NEA Lead $30 Mln Series C Round for Hearsay Social
    Iris Dorbian- 5 September 2013

    Hearsay Social said Thursday that it has closed $30 million in Series C funding. Existing investors Sequoia Capital and NEA led the round. The funding will be used for product development, customer relations and marketing. Headquartered in Silicon Valley, Hearsay Social is an enterprise-ready social sales platform.

  • Lithium Technologies Scores $50 Mln
    Iris Dorbian- 3 September 2013

    Lithium Technologies said Tuesday that it has closed $50 million in financing. Existing investor New Enterprise Associates participated in the round. Allen & Company advised Lithium in the transaction. Also, Lithium has named former Yahoo! executive Tapan Bhat as senior vice president and chief product officer and NEA Venture Partner Brooke Seawell to its board of directors as audit committee chairman. Headquartered in San Francisco, Lithium Technologies is a provider of social customer solutions.

  • Dashboard: Deals, IPOs, M&A Dip In July, As Fundraising Doubles
    amcgloin@prosek.com- 1 September 2013

    A quick look at how the volume of deals, fundraising, IPOs and M&A changed from June to July

  • NEA Leads All Venture Dealmakers in July 2013
    Larry Oberfeld- 1 September 2013

    New Enterprise Associates and Maryland Technology Development Corp. each accounted for 10 venture deals in the month