Private Equity
SaaS Capital said it closed a second fund of $58 million to provide debt-based capital to SaaS companies. The fund is a step up from the Cincinnati firm's first fund of $22.5 million. The 2012 maiden fund provided financing to 14 SaaS companies with an average deal size of $3 million to $4 million.
3 min read · 05 March 2015
There’s no denying that VCs are busy people with hectic schedules, but the calendar app Tempo crunches the data to figure the code on how to best meet them
4 min read · 05 March 2015
John Doerr took the stand Tuesday in Ellen Pao's discrimination suit against Kleiner Perkins Caufield & Byers, as the trial continues.
3 min read · 04 March 2015
Onetime highflying tech executive Ray Lane testified on Monday during a sex discrimination trial involving his former employer, Kleiner Perkins Caufield & Byers, that he made a mistake in judgment involving the harassment of a female venture capitalist at the firm.
2 min read · 03 March 2015
The ground is shifting in early stage as super angels grow into micro VCs. So will a new class of tiny seed fund evolve? The odds are good
6 min read · 03 March 2015
Social+Capital Partnership is raising a $450 million third fund. The new fund - Social Capital Partnership III - is a step up from the firm's second fund, which in 2013 targeted $325 million.
1 min read · 02 March 2015
PayPal has agreed to acquire Massachusetts-based mobile wallet platform provider Paydiant, the latter announced in a post on its site.
1 min read · 02 March 2015
Georgian Partners Growth Fund II, the second fund of Canadian venture firm Georgian Partners, is expected to surpass its target in an imminent final close, thanks to an investment strategy that has resonated with LPs. The fund, which is targeted to raise $120 million, is likely to be wrapped up by mid-March at more than $170 million, said Justin LaFayette, co-founder and managing partner of Georgian Partners.
3 min read · 02 March 2015
New York firm raises abot an $8 million fund
2 min read · 02 March 2015
Options are available for GPs and LPs when funds reach the end of their term
3 min read · 01 March 2015