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  • 3D social networking company gets $15m backing
    Siddharth Poddar- 4 January 2013

    Seoul-based Nurien Software has received an investment from a syndicate of four venture capital firms to launch a unique social networking platform in Korea, China and the US.

  • CMEA Ventures closes $400m fund
    Amanda Janis- 4 January 2013

    The California-based firm’s seventh fund brings its assets under management to more than $1 billion.

  • NEA boosts ‘venture growth’ team with two hires
    Matt Levin- 4 January 2013

    Silicon Valley-based New Enterprise Associates has recruited Morgan Stanley's Tony Florence and MPM Capital's Paul Walker to bolster its large-scale investment team.

  • 3i leads big US forex investment
    Suzanne Weinstock- 4 January 2013

    The UK-based private equity firm and US venture firm VantagePoint have purchased a $117m minority stake in New Jersey-based GAIN Capital Group.

  • Former Alibaba guru joins Northern Light
    Jennifer Harris- 4 January 2013

    The China-focussed venture firm has brought on John Wu, formerly of Alibaba Group and Yahoo!, as a venture partner.

  • NEA grows Indian office
    Suzanne Weinstock- 4 January 2013

    The Silicon Valley venture firm now has three investment professionals based in Bangalore; the new hires follow founder Dick Kramlich’s move to Shanghai.

  • RRE, Venrock back weather exchange
    Suzanne Weinstock- 4 January 2013

    A group of private equity firms, including initial backers RRE and Venrock, have invested $7.2 million in the Storm Exchange.

  • NEA’s founder to move to China(4)
    Jennifer Harris- 4 January 2013

    New Enterprise Associates’ Dick Kramlich will live in Shanghai for all of 2008, helping to source deals and build relationships.

  • Benchmark backs open source company
    Suzanne Weinstock- 4 January 2013

    Fresh from closing a $500 million fund, the VC firm has led a $12 million round for open source business intelligence company Pentaho.

  • NEA’s founder to move to China(3)
    Jennifer Harris- 4 January 2013

    New Enterprise Associates’ Dick Kramlich will live in Shanghai for all of 2008, helping to source deals and build relationships.