Private Equity
French carrier Orange has raised 20 million euros (about $23 million) for its newly launched early-stage digital ventures fund. Orange Digital Ventures will focus on backing startups in the telecom and digital markets.
3 min read · 23 January 2015
The firm, which is raising two new funds, invested a combined $777 million in 117 companies, including messaging app Snapchat
2 min read · 23 January 2015
Last year, more than 40 megadeals raised $100 million or more
2 min read · 23 January 2015
Yahoo also makes another purchase in the month, to end the year with 11 disclosed acquisitions of venture-backed startups
2 min read · 23 January 2015
Mobile investor Eniac Ventures said it has raised $55 million for its third fund, just 16 months after it closed Fund II with $12 million in commitments. The firm, which has offices in New York and San Francisco, said the fund was oversubscribed and that it also turned down some $20 million in interest from potential LPs. Eniac investments have included the ad targeting company TapCommerce, which Twitter acquired last year for $100 million.
5 min read · 23 January 2015
The firm, rebranded from Greylock IL, will remain based in London and Israel, as it continues to focus on fintech, software, gaming, marketplaces and data infrastructure
3 min read · 23 January 2015
Canadian venture capital firm McRock Capital has raised new commitments for the second close of McRock iNFund LP, an industrial Internet of Things (IIoT) fund. The undisclosed commitments came from Cisco Investments and Teralys Capital Innovation Fund, the Canadian venture fund of funds managed by Teralys Capital. BDC Capital also increased its stake in the fund, which is scheduled to close this year at a cap of $65 million. Based in Toronto, McRock is focused on the intersection of sensors and software in large industrial markets, known as the IIoT. It invests in companies located across North America. In 2013, the firm announced a strategic partnership with GE Canada.
3 min read · 22 January 2015
Cisco Systems has almost doubled in size its Entrepreneurs-in-Residence incubation program, claiming broad success with the now two-year-old effort.
1 min read · 22 January 2015
Fourth quarter investments jump in Massachusetts, Midwest, LA, Colorado
2 min read · 22 January 2015
The public pension’s private equity chief said FOIA is is impacting its access to venture funds, and that’s not likely to change
2 min read · 22 January 2015
