Private Equity
SOLS, which focuses on orthotics, is the latest 3D printing startup to secure capital from VCs
3 min read · 16 May 2014
Nextdoor CEO Nirav Tolia, whose social networking website espouses neighborhood safety and community, is facing civil and criminal charges for leaving the scene of a highway accident that a driver says he caused, Reuters reported.
2 min read · 15 May 2014
Retail venture capital fund GrowthWorks Canadian Fund has entered into an a court-approved investment adviser agreement with Roseway Capital. Under the agreement's terms, Roseway will act as adviser and make investment and divestment decisions regarding the fund's portfolio. The GrowthWorks fund will pursue an orderly disposition of its assets with a view to satisfying its payment obligations to Roseway and unsecured creditors. Total indebtedness owing to Roseway is approximately $18.9 million.
4 min read · 15 May 2014
Monk's Hill Ventures has launched an S$100 million (about $80 million) early-stage tech fund that focuses on Asia-based startups. In addition to investing in tech startups in Southeast Asia, the pool will also back startups in Silicon Valley and other parts of the world that want to expand in Asia.
3 min read · 15 May 2014
GGV Capital, a U.S. and China-focused venture firm, said Wednesday that it has closed $620 million for its fifth fund. Its LPs include the University of California Regents. GGV Capital was an early backer of Alibaba.
3 min read · 14 May 2014
Last year saw several top performing funds in the University of California’s recent-vintage venture portfolio consolidate performance gains, as others continue to advanced, affiliate magazine Venture Capital Journal reported.
1 min read · 13 May 2014
SOLS, which focuses on orthotics, is the latest 3D printing startup to secure capital from VCs
3 min read · 13 May 2014
The Canadian government has made a $1.74 million funding commitment to Centre d'entreprises et d'innovation de Montréal (CEIM). The funding is intended to support CEIM's business incubation activity in emerging technology sectors, including communications, information technology, new media, clean and industrial technology, and life sciences. CEIM was founded in 1996.
2 min read · 13 May 2014
Norwest Venture Partners, which has enjoyed a number of sizable liquidity events recently, announced it has raised a $1.2 billion fund to make multi-stage investments worldwide. The firm said that it achieved 11 exits in 2013 with a combined market cap of $10 billion. Exits last year include the IPOs of FireEye, RetailMeNot and Cyan. Acquisitions include the $525 million sale in late October of Virtela Technology Services to NTT Communications Corp and the acquisition of 41st Parameter to Experian for $324 million. Palo Alto, Calif.-based Norwest, which also has offices in India and Israel, similarly raised $1.2 billion for its 11th fund, which closed in late 2009.
5 min read · 13 May 2014
Cybersecurity startups are all the rage in Silicon Valley. One of the most talked about is Shadow Networks, which is creating a virtual environment for detecting and undermining advanced persistent threats. Led by Canadian-born president and CEO Eric Winsborrow, Shadow Networks has raised more than US$15 million from VCs, including Canadian VCs Yaletown Venture Partners, which seeded the company, and Rho Canada Ventures. Now Shadow Networks has plans for coming to Canada.
7 min read · 12 May 2014
