Private Equity
Anges Québec and Fonds régionaux de solidarité FTQ (FRS) have agreed to partner in sourcing startup investment opportunities in Québec. Under the terms of the partnership, the two groups will refer opportunities to each other. This is expected to result in seed financings led by Anges Québec and potential follow-on rounds that include FRS. FRS may also co-invest in other Anges Québec deals. Based in Montréal, FRS is a regional funds network managed by Fonds de solidarité des travailleurs du Québec FTQ. Anges Québec is a network of 160 private investors that back early-stage companies.
3 min read · 08 October 2014
Swedish phone directory app Truecaller has raised $60 million in Series C funding in a round led by Atomico, Kleiner Perkins Caufield & Byers and Sequoia Capital.
1 min read · 08 October 2014
OpenView Venture Partners said it had raised a $250 million fund, its fourth, amid a strong environment for venture fundraising.
1 min read · 08 October 2014
Speakers on tap for Wednesday morning include Andrew Redleaf, founder and CEO of Whitebox Advisors, Andrea Auerbach, managing director of Cambridge Associates, John Skjervem, CIO of the Oregon State Treasury, and Paul Yett, managing director of Hamilton Lane.
1 min read · 08 October 2014
Multinational computer technology company Dell Inc has launched its Dell for Entrepreneurs program in Canada. The program, which is partnering with Canadian accelerator platform HIGHLINE, will provide Canadian startups with access to technology, sales enablement, capital, networking, education and marketing. Canadian entrepreneurs will also be able to participate in Dell Founders 50, a recurring two-year business acceleration program.
5 min read · 07 October 2014
Peter Thiel, the first outside investor in Facebook and co-founder of PayPal and Palantir Technologies, continued his campaign against what he sees as a lack of innovation in the technology business at the PartnerConnect conference Tuesday.
2 min read · 07 October 2014
Greenspring Associates has led a $82 million Series D round for Boulder, Colorado-based SolidFire, a maker of storage systems for cloud providers.
1 min read · 07 October 2014
According to an SEC Form D filing, San Francisco-based Data Collective has raised almost $140 million for its third venture fund. The company invests in early-stage big data companies. Zachary Bogue and Matt Ocko serve as the firm's co-managing partners.
1 min read · 07 October 2014
Pittsbugh-based Innovation Works has raised nearly $24 million for its newest fund Riverfront Ventures. The pool's LPs include the Commonwealth of Pennsylvania, Carnegie Mellon University, the City of Pittsburgh, the University of Pittsburgh and the Pittsburgh Foundation. Riverfront Ventures focuses on local early-stage tech firms from a variety of sectors, such as information technology, medical devices, healthcare IT and robotics.
3 min read · 06 October 2014
According to an SEC Form D filing, North Atlantic Capital is seeking to raise $50 million for its fifth venture fund. The firm typically invests in early-stage tech firms.
1 min read · 06 October 2014
