Managers

5 Qs with Dror Glass, founding managing partner, Israel Secondary Fund

With Israel Secondary Fund on the fundraising trail, Dror Glass says secondary funds continue to show preferred returns

Aberdeen to raise $200 mln venture fund

Aberdeen Asset Management is raising a $200 million venture fund of funds, according to a filing with the SEC.

Hummer Winblad targets $125 mln for seventh venture fund

Hummer Winblad Venture Partners has set out to raise $125 million for its seventh venture fund, according to an SEC filing. No first close has been reported. The filing lists Lars Leckie, Mitchell Kertzman and Steve Kishi as the fund’s partners. The previous Fund VI raised $198.4 million and closed in 2007, according to Thomson Reuters.

Snapchat raises $175 million from Fidelity in latest funding round: Reuters

Snapchat has raised $175 million in fresh funding from Fidelity Investments and other investors, Reuters News is reporting.

Healthbox to raise opportunity fund

Sandbox Industries' Healthbox is raising an opportunity fund, according to a filing with the SEC.

Throwback Thursday: Moving to self-storage startups

The number of companies focused on storage-on-demand is small, but VCs say the potential is huge

Investors are all ears when it comes to hearing ailments

Hearing-focused startups are bridging the gap of consumer electronics and healthcare, as hearing ailments become increasingly prevalent among younger people

Analytics-driven Correlation raises more than $160 mln

San Diego-based Correlation Ventures, which uses analytics and other computer modeling technologies to determine investment strategies, has raised a combined $161.52 million, according to a pair of regulatory filings.

The true impact of venture capital

Looking beyond financial returns, a recent study finds that VC-backed companies that have gone public since '74 account for 85 percent of all R&D spending

Kensington Capital VC fund closes at $227.9 mln

Kensington Capital Partners said Thursday it closed a fund of funds at C$306 million ($227.9 million). The target of the Kensington Venture Fund, which will invest in Canadian-based VC funds and technology companies, was C$300 million. Investors include BMO Financial Group, CIBC, OpenText Corp, Richardson GMP, Royal Bank of Canada, Scotiabank, TD Bank Group, Torstar Corp, and the Government of Canada.CIBC, OpenText Corp, Richardson GMP, Royal Bank of Canada, Scotiabank, TD Bank Group, Torstar Corp, and the Government of Canada.