Private Equity
LX Ventureshas decided to change its corporate name to Mobio Technologies Inc and to begin trading on the TSX Venture Exchange as "MBO". LX Ventures acquired Mobio, a Vancouver-based online media platform for musicians, from Canadian venture capital firms Naavon Capital and Rho Canada Ventures in 2013. The company said that Mobio's technology is currently its primary focus. LX Ventures also said that it is well advanced in an application to begin trading on the U.S.-based OTCQX marketplace.
3 min read · 23 June 2014
A total of seven venture-backed companies, including five that are U.S.-based, went public on U.S. exchanges in May, down from 11 in April
2 min read · 23 June 2014
Lightspeed China Partners has raised $260 million in the final close of its second fund. The target was $220 million. The focus will be on early-stage China-based businesses in the internet, mobile, technology-enabled services and enterprise solution sectors.
3 min read · 23 June 2014
LPs chime in on what distinguishes the next generation of up-and-coming venture firms
5 min read · 23 June 2014
It is important to occasionally tip our hats to those who practice the challenging art of seed investing and show results for their efforts. That includes not only the VCs, but also the market agents who help shape deal-making. A few weeks ago, the Private Capital Markets Association of Canada recognized the work of GreenSky Capital, a boutique advisory firm that helped smart sensor maker Smart Energy Instruments raise over $6 million in seed-stage and Series A funding.
5 min read · 23 June 2014
It is important to occasionally tip our hats to those who practice the challenging art of seed investing and show results for their efforts. That includes not only the VCs, but also the market agents who help shape deal-making. A few weeks ago, the Private Capital Markets Association of Canada recognized the work of GreenSky Capital, a boutique advisory firm that helped smart sensor maker Smart Energy Instruments raise over $6 million in seed-stage and Series A funding.
5 min read · 23 June 2014
Menlo Ventures realized a return of 8x in less than three years on its investment in Dropcam, which was bought by Nest Labs, said guest columnist Mark Siegel of Menlo.
2 min read · 21 June 2014
Menlo Ventures realized a return of 8x in less than three years on its investment in Dropcam, which was bought by Nest Labs, said guest columnist Mark Siegel of Menlo.
2 min read · 21 June 2014
Middle-market PE firm Genstar Capital will pay up to $150 million for Asset International, sources said, producing an undisclosed return for Austin Venture’s 10 fund.
2 min read · 21 June 2014
Austin Ventures is exiting Asset International after five years.
3 min read · 21 June 2014
