Managers

Five top VCs predict the future

Five top VCs gathered Thursday evening at the Churchill Club's annual Top 10 Tech Trends program to dispense a healthy dose of theories on what the future will bring.

Obvious Ventures raises over $123 mln for debut fund

According to an SEC filing, Obvious Ventures has closed its initial fund at $123,456,789. The San Francisco-based venture firm was co-founded by Ev Williams, a co-founder of Twitter.

People page: Five top VCs predict the future

Plus, former VC Joe Lacob describes how sports ownership compares to his former profession

Formation 8 targets $100 mln for first hardware-focused fund

According to an SEC filing, Formation 8 Partners is seeking to raise $100 million for its initial hardware-focused fund. Last December, as reported by Reuters, the firm closed $500 million for its second fund.

Vistara raises bulk of C$100 mln growth fund in first close

Vancouver-based firm provides debt, equity and quasi-equity financing to high-growth companies in North American tech and tech-enabled services

GreenSoil raises initial $25 mln for third green real estate fund

GreenSoil Investments, a global private equity and venture capital firm that opened a Toronto office in April 2014, has launched is third fund, GreenSoil Building Innovation Fund. The fund, which raised an initial US$25 million, will invest in North American and international companies that generate returns for real estate owners, operators, and developers through innovation, smart resource utilization, and efficiency improvements. It is targeted to raise US$80 million to US$100 million in a final closing. GreenSoil, which was founded by Alan Greenberg and Gideon Soesman in 2011, also has offices in Israel and the Netherlands.

Ignition closes $200 mln sixth fund

Ignition Partners has closed a $200 million sixth fund with a determination to stick with its “boutique” style of Series A enterprise-focused software investing. The firm said the new fund was $100 million oversubscribed

Ignition closes $200 mln sixth fund

The firm’s previous 2013 fund raised $150 million, according to Thomson Reuters.

Glilot Capital Fund II raises $77 mln

Glilot Capital Partners said Thursday that its second fund raised $77 million. Glilot II will invest in seed and early stage Israeli software companies with a particular focus in cyber-security and enterprise software. Glilot Capital Partners, of Tel Aviv, Israel, is a venture capital fund offering seed and early stage investments.

Industry group’s chairman voices his bold vision

Jon Callaghan’s goals at the NVCA include encouraging diversity, purpose and risk taking