Private Equity
Despite a slowdown in the startup funding environment in the past six months, Amplitude is scheduled to announce today it has raised a $15 million Series B round led by Battery Ventures. Existing investors Benchmark Capital, Data Collective, Merus Capital and Quest Venture Partners also participated, Amplitude CEO Spenser Skates said.
2 min read · 08 June 2016
Ohio TechAngel Funds (OTAF), which invests in Ohio-based companies in IT, advanced materials and life sciences, announced it has raised $5.1 million for its fifth fund. Half of the funds came from accredited investors, while the State of Ohio matched the other half with a loan, said OTAF Managing Director Parker MacDonell. OTAF raised $7.3 million in a similar structure for its fourth fund, which it began putting to work in 2014. MacDonnell said that fund is about two-thirds invested.
1 min read · 08 June 2016
Ohio TechAngel Funds (OTAF), which invests in Ohio-based companies in IT, advanced materials and life sciences, announced it has raised $5.1 million for its fifth fund. Half of the funds came from accredited investors, while the State of Ohio matched the other half with a loan, said OTAF Managing Director Parker MacDonell. OTAF raised $7.3 million in a similar structure for its fourth fund, which it began putting to work in 2014. MacDonnell said that fund is about two-thirds invested.
1 min read · 08 June 2016
Salesforce Ventures has kicked off a $50 million Lightning Fund to back entrepreneurs building Lightning apps and components, according to a press release.
1 min read · 07 June 2016
Salesforce Ventures has kicked off a $50 million Lightning Fund to back entrepreneurs building Lightning apps and components, according to a press release.
1 min read · 07 June 2016
Initialized Capital is seeking to raise $100 million for its third venture fund, according to an SEC filing. Based in New York City, Initialized specializes in seed and early-stage venture investments.
1 min read · 07 June 2016
A succession of funding deals by deep-pocketed sovereign wealth funds have thrown a life preserver to some of the world’s biggest private tech firms whose high valuations have come under scrutiny in the past year, Reuters reported.
4 min read · 07 June 2016
U.K.-based companies raised the most of any country in the month, pulling in more €233 million during May
2 min read · 07 June 2016
Longitude Capital has raised a $525 million third fund, according to a press release. The fund, Longitude Venture Partners III, exceeded its target of $450 million.
1 min read · 07 June 2016
Longitude Capital has raised a $525 million third fund, according to a press release. The fund, Longitude Venture Partners III, exceeded its target of $450 million.
1 min read · 07 June 2016
