New Enterprise Associates related stories
All articles and analysis
Exit watch, week of June 29, 2009News briefs about venture-backed companies that were bought in the past week
- peHUB Wire: Monday, June 29, 2009
Random Ramblings
- peHUB Wire: Monday, June 29, 2009
Random Ramblings
- Fundraising a Long Slog, Including for Ex-Googlers
In November 2007, Salman Ullah, Sean Dempsey, and Peter Hsing came together to form Merus Capital, a venture capital firm that wanted to raise $125 million for its first fund. Given the founders’ backgrounds, it didn’t seem overly ambitious. Ullah had been Google’s VP of corporate development, where he worked with Dempsey, and Hsing was coming from Microsoft, where he had been a general manager of corporate strategy. But like many firms trying to pool capital in today’s inhospitable fundraising environment, Merus is assembling a much smaller fund -- and at a much slower rate -- than expected. Indeed, according to a May SEC filing that I stumbled across tonight, the Palo Alto-based has raised just $36 million so far and has amended its filing so that it might continue its fundraising indefinitely.
- Week in deals, June 22, 2009
Summary of tech companies and other businesses that raised financing in North America in the past week
- Exit watch, week of June 22, 2009
M&A news briefs about venture-backed companies Dexterra, Chestnut Medical, Tzero and others
- peHUB Wire: Friday, June 19, 2009
Friday Feedback
- peHUB Wire: Friday, June 19, 2009
Friday Feedback