Managers

Japanese chat app operator Line Corp soars in New York debut: Reuters

Shares of Japanese messaging app operator Line Corp soared as much as 36 percent in their U.S. market debut on Thursday, valuing the high-profile tech startup at $9.34 billion in the biggest tech IPO this year, Reuters reported.

DCM Ventures raises oversubscribed $500 mln fund as it completes transition to more consumer deals

Global firm has raised $770 million in last 18 months

DCM Ventures raises $500 mln for early-stage fund

Early-stage investor DCM Ventures raised $500 million in commitments for its eighth flagship fund. The oversubscribed fund is about 43 percent larger than DCM's seventh fund, which closed three years ago on $350 million. In addition to Fund VIII, DCM Ventures early last year raised $170 million for its Turbo Fund, which makes growth-stage investments, and $100 million for its second A-Fund, which focuses on seed-stage deals across mobile and emerging platforms.

Bill Ford’s VC firm powers ahead with $100 mln second fund

Detroit-based Fontinalis Partners, which invests in transportation technologies, already has nearly two dozen companies in its portfolio

Georgian Partners collects over $165 mln for third growth fund

Georgian Partners has raised over US$165 million for its third international growth fund, according to an SEC filing. The Toronto-based growth equity firm is targeting over US$182 million for the pool. Georgian Partners, which is focused on investments in applied analytics, raised $200 million in the close of Georgian Partners Growth Fund II in April 2015.

Lonsdale's 8VC set out to raise a $400 mln fund

8VC, a firm with Joe Lonsdale as a founding partner, has set out to raise a $400 million co-invest fund, according to a filing with the SEC.

Georgian Partners collects over $165 mln for third international growth fund

Georgian Partners has raised over $165 million for its third international growth fund, according to an SEC filing. The Canadian venture firm is targeting over $182 million for the pool.

Polaris targets $400 mln for eighth fund

Polaris Partners is seeking to raise $400 million for its eighth fund, according to an SEC filing. The tech and healthcare-focused venture firm closed its previous fund at $450 million

Fontinalis raises $100 mln for second fund

Detroit-based Fontinalis Partners, which invests in transportation technologies, announced it has raised $100 million for its second fund. The firm, which also has an office in Boston, says it now manages $165 million in committed capital since it was founded in 2009 by Ralph Booth, Bill Ford (the great-grandson of Henry Ford), Chris Cheever, Chris Thomas and Mark Schulz.

Dashboard: VC-backed M&A deals soar in June with completion of Stemcentrx acquisition

U.S.-based venture fundraising also grows in June, as AH and Kleiner Perkins close billion-dollar funds