RPM Ventures related stories
All articles and analysis
RPM Ventures targets $100 mln for third fundRPM Ventures is seeking to raise $100 million for its third fund, according to an SEC filing http://www.sec.gov/Archives/edgar/data/1658828/000165882816000001/xslFormDX01/primary_doc.xml Based in Ann Arbor, Michigan, RPM specializes in the automotive IT sector.
- Online lender to millennials Pave attracts up to $300 mln
New York City-based Pave, an online lending platform for millennials, has raised up to $300 million in funding. The investors included Seer Capital. According to Pave, the capital infusion will be used for expansion and growth.
- Janrain nabs $27 mln in HighBar-led round
Portland, Oregon-based Janrain, a provider of customer identity management solutions, has raised $27 million in Series D funding. HighBar Partners led the round with participation from return backers Millennium Technology Value Partners, Split Rock Partners, Epic Ventures, Emergence Capital, RPM Ventures and DFJ Frontier. In addition to the funding, John Kim, co-founder and managing partner at HighBar Partners, has been added to Janrain's board of directors.
- RPM Ventures leads $5.5 mln Series A funding in smart home tech company Roost
RPM Ventures led a $5.5 million Series A funding round in smart home technology company Roost. Other investors in the round include a subsidiary of financial services provider USAA, existing investor DCM Ventures as well as Center Electric and StartGarden. Along with the funding, Roost has hired Jim Van Patten as vice president operations and Richard Stark as vice president, enterprise sales.
- Blumberg, RPM Ventures lead $6 mln funding in Able
Blumberg Capital and RPM Ventures led a $6 million Series A funding round in Able, which provides loans and connects small businesses into a network of borrowers. Other investors in the funding include Peterson Partners and Expansion Ventures AngelList Syndicate.
- Connected car platform Automatic Labs scores $24 mln
San Francisco-based connected car platform Automatic Labs has raised $24 million in Series B funding. The investors included CDK Global, USAA, Comcast Ventures.Y Combinator, RPM Ventures, Anthemis Group and Amicus Capital.
Repackaging delivery services: VCJInvestors have been burned before on delivery companies, but this time around they believe their bets will pay off.
Repackaging delivery servicesInvestors have been burned before on delivery companies, but this time around they believe their bets will pay off
- RPM Ventures hires Adam Boyden as managing director
RPM Ventures has hired Adam Boyden as managing director. Boyden was co-founder and chief executive officer of portfolio company Openlane, an online wholesale automotive marketplace. He also worked as vice president of business development and marketing at Xfire, a social networking company focused on video gamers.
- The entrepreneurs’ perspective: What’s not to like?
More money, more experimentation, more young companies.