Managers

VCJ news analysis: The Apple Watch is here. Are VCs ready?

The Apple Watch could be a home run product for the company and third-party developers and their backers. But it may not happen in the first generation.

VC Perspective: Part 2: Should you build for the Apple Watch platform?

Bubba Murarka, partner at DFJ, says developers should look at an Apple Watch app right now

Fund-of-funds strategy less than spectacular for Ohio pension--VCJ fund performance report

Northgate, HarbourVest are leading funds in Ohio Police & Fire Pension Fund, although overall results that have been less than spectacular.

Data spotlight: Cleantech investing hits lowest level in 10 years

Highlights from Q1 includes the $27 million raised by Stem, which provides predictive analytics and energy storage services

Ontario government commits $25 mln to Scale Up Ventures Fund

The Ontario government has made a $25 million commitment to Scale Up Ventures Fund, a new venture capital fund that will provide startups in the province with a combination of early-stage capital, mentorship and market access. The fund will raise an additional $25 million from private investors. Led by Chair Nadir Mohamed, former CEO of Rogers Communications, the fund's activity will be supported by a leadership council of more than 30 Canadian business executives, including investment professionals Scott Bonham, founding partner of GGV Capital, Sam Duboc, CEO of Edgestone Capital Partners, and John Ruffolo, CEO of OMERS Ventures. The fund is expected to begin operations this summer.

Whitecap Venture Partners Fund III seeks $80 mln to $100 mln

Whitecap Venture Partners said Monday that its third fund raised $70 million in a first close. Whitecap III is seeking $80 million to $100 million, the VC firm said. LPs in the new fund include Kensington Venture Fund, Bank of Montreal (BMO), and several high net-worth families. Whitecap III will invest in Information and Communications Technology, Med Tech and Food Tech sectors.

Whitecap opens up to outside LPs, raises initial $70 mln for Fund III

Whitecap Venture Partners, one of Canada’s oldest family-owned venture firms, has exceeded the initial target set for its third technology fund after opening the door to third-party investors for the first time. Whitecap III LP secured $70 million in committed capital in its first close, putting the fund within reach of a final goal of between $80 million and $100 million.

Venture fundraising keeps strong pace in Q1

U.S.-based firms raised more than $7.3 billion during the quarter, which is not far off of the record pace last year

Deloitte opens innovation lab d { } at Waterloo's Communitech

Canadian professional services company Deloitte announced the opening of an innovation lab facility called d { }. The facility, which will be located at Waterloo, Ontario-based innovation hub Communitech, will provide industry insights, technical solutions, partnership opportunities and access to networks to technology startups. Communitech said the facility's location will also give Deloitte a window into the latest technologies.

IVP closes its largest ever fund at $1.4 bln

Institutional Venture Partners closed a $1.4 billion fifteenth fund, its largest ever, saying the opportunities in tech investing deserve putting extra capital to work.