Private Equity
CrossCut Ventures has raised a $75 million third fund, according to a blog post. The firm is focused on seed investing in the Los Angeles area.
1 min read · 24 June 2015
San Francisco-based Blockchain Capital (formerly known as Crypto Currency Partners) has raised $7 million for its second venture fund. The focus is on bitcoin and blockchain-enabled tech companies. Alson, the firm has appointed Alison Davis as chair of its advisory board.
2 min read · 24 June 2015
DBL Partners said Tuesday it closed its most recent fund at $400 million. DBL Partners III will invest in sustainable energy, products and services, digital media and imaging, health care, and IT. San Francisco-based DBL, a venture capital firm, invests in sustainable energy, products and services, digital media and imaging, health care, and IT.
3 min read · 24 June 2015
Strong gains from Menlo and Canaan have help the mid-decade portfolio of the Public Employees’ Retirement System of Nevada make steady progress.
2 min read · 24 June 2015
Just 19 venture-backed, U.S.-based acquisitions were completed in May, and only three disclosed their valuations
3 min read · 24 June 2015
MaRS Discovery District has launched LegalX, a new industry cluster that will support startups and other sources of innovation in the legal sector. Aron Solomon, innovation lead at MaRS, will direct the new cluster in consultation with Jason Moyse, manager of legal business solutions at Elevate Services. MaRS said it is currently accepting applications from Canadian ventures innovating in the legal field through technology, design and service delivery. The Toronto-based MaRS launched its financial technology cluster in February.
3 min read · 23 June 2015
Whitecap Venture Partners has raised $100 million for its third venture fund. Whitecap III's limited partners include Kensington Venture Fund, Bank of Montreal and several high net-worth families and family offices. The fund is focused on three sectors: information and communications technology, medical technology and food technology.
2 min read · 23 June 2015
San Francisco-based Envoy, provider of sign-in software for office visitors to register and check-in via an iPad-based system, announced it has raised $15 million in Series A funding from Andreessen Horowitz. The company previously raised $1.5 million in seed funding from Semil Shah, Marc Benioff, Alexis Ohanian, Garry Tan and other angel investors.
4 min read · 23 June 2015
Whitecap Venture Partners has closed its third technology fund at the upper end of its fundraising target, paving the way for a new investment. The Toronto-based firm announced today that it has wrapped up Whitecap III LP at $100 million in committed capital. It also said Fund III led the financing of Qvella, a Canadian molecular diagnostics company.
3 min read · 23 June 2015
Through the end of May, a total 31 VC-backed companies have launched IPOs on the NYSE or Nasdaq exchanges
2 min read · 22 June 2015
