Private Equity
What can you do if you deposited bitcoins at Mt. Gox, which shuttered on Tuesday with little explanation? Probably not much.
3 min read · 27 February 2014
Hatchbrands Ventures, a specialized micro-capital fund, has agreed to be acquired by iBrands Corp, a Roswell, Georgia-based holding company that acquires and operates niche market brands. The financial terms of the transaction, and the transaction's completion date, were not published. Founded in 2010, the Ottawa-based Hatchbrand makes pre-IPO investments in technology startups developed in accelerators and incubators found in post-secondary environments.
2 min read · 26 February 2014
Using mobile apps to connect passengers with drivers, ridesharing services like UberX and Lyft, which have VC backing, say they are bringing new zip to transportation. But a number of cities say they don't want to share the road until they get something utilitarian: better insurance.
4 min read · 26 February 2014
RedOwl Analytics, which analyzes digital communications to prevent threats in enterprise data, was named the Most Innovative startup company at the RSA Conference this year.
2 min read · 26 February 2014
New York-based Collaborative Fund has raised a $33 million venture-capital fund to focus on the shared economy, it said in a blog post
1 min read · 26 February 2014
RRE Ventures has begun raising a sixth fund with a target of $250 million, according to a filing with the Securities and Exchange Commission. The New York's firm's previous fund, RRE Ventures V from 2011, was $230 million in size and RRE Ventures IV from 2006 was $300 million, according to Thomson Reuters, publisher of peHUB.
1 min read · 26 February 2014
According to a blog post on its site, Collaborative Fund has raised $33 million for its second fund. The pool's LPs includes Tom McMurray, a former general partner at Sequoia Capital. Also, the company has added Jungju Kim as a venture partner. Based in New York, Collaborative Fund invests in startups. To read more details about the fundraising, visit here.
1 min read · 26 February 2014
Manhattan U.S. Attorney Preet Bharara has sent subpoenas to Mt. Gox, other bitcoin exchanges, and businesses that deal in bitcoin to seek information on how they handled recent cyber attacks, a source familiar with the probe said on Wednesday.
3 min read · 26 February 2014
New fund will focus on mature companies in sectors including Internet, mobile technology, medical devices, ag tech and water tech
2 min read · 26 February 2014
Bitcoin investing appears ready to rise this year as VCs step up their search for next-gen applications.
3 min read · 26 February 2014