Private Equity
Philadelphia-based growth equity firm 1315 Capital LLC has raised $200 million for its debut healthcare-focused fund. The pool's investors include endowments, foundations, state and corporate pension funds and family offices.
2 min read · 15 June 2016
Golden Gate Ventures has closed its second oversubscribed early-stage venture fund at $60 million, beating its original $50 million target. The fund will focus on Southeast Asia. Its limited partners include Temasek, two unidentified Asia-based institutions and Hanwha Life Insurance.
3 min read · 14 June 2016
Golden Gate Ventures has closed its second oversubscribed early-stage venture fund at $60 million, beating its original $50 million target. The fund will focus on Southeast Asia. Its limited partners include Temasek, two unidentified Asia-based institutions and Hanwha Life Insurance.
3 min read · 14 June 2016
Revolution Growth has raised $525 million for its third fund. Revolution Growth III will focus on tech companies that are not in Silicon Valley. According to the firm, the fund will be "highly selective," making only three to four investments per year, each between $25 million and $50 million. Revolution Growth's previous fund closed at $450 million In addition to the fund-closing, Revolution Growth has named Steve Murray, who previously worked at Softbank, as a partner while promoting Scott Hilleboe and Evan Morgan to the same role.
4 min read · 14 June 2016
Gilde Healthcare has closed its oversubscribed fourth fund at a hard cap of $285 million. Gilde Healthcare IV will target medtech, digital health and therapeutics both in Europe and North America. The pool's limited partners included Johnson & Johnson Innovation – JJDC, Inc, Royal Philips, Danish Growth Fund and the European Investment Fund.
3 min read · 14 June 2016
Gilde Healthcare has closed its oversubscribed fourth fund at a hard cap of $285 million. Gilde Healthcare IV will target medtech, digital health and therapeutics both in Europe and North America. The pool's limited partners included Johnson & Johnson Innovation – JJDC, Inc, Royal Philips, Danish Growth Fund and the European Investment Fund.
3 min read · 14 June 2016
A new Boston venture firm Underscore.VC has launched, according to its website. Michael Skok, an ex-general partner at North Bridge Venture Partners, is a co-founder and investing partner at the firm. Other co-founders are C.A. Webb, a former executive director of the New England Venture Capital Association and John Pearce, who previously worked at Actifio, Demandware and AppIQ. Also, Chris Lister is joining the team as executive-in-residence after previously serving as chief revenue officer/senior vice president of sales and marketing at Constant Contact.
1 min read · 13 June 2016
A new Boston venture firm Underscore.VC has launched, according to its website. Michael Skok, an ex-general partner at North Bridge Venture Partners, is a co-founder and investing partner at the firm. Other co-founders are C.A. Webb, a former executive director of the New England Venture Capital Association and John Pearce, who previously worked at Actifio, Demandware and AppIQ. Also, Chris Lister is joining the team as executive-in-residence after previously serving as chief revenue officer/senior vice president of sales and marketing at Constant Contact.
1 min read · 13 June 2016
San Francisco-based Commerce Ventures, which focuses on retail and fintech technologies, has raised $25.595 million toward a $40 million fund, according to a regulatory filing.
1 min read · 10 June 2016
San Francisco-based Commerce Ventures, which focuses on retail and fintech technologies, has raised $25.595 million toward a $40 million fund, according to a regulatory filing.
1 min read · 10 June 2016
