Private Equity
Hoover's Inc. said the U.S. IPO market rebounded in 2010 from the slump of the previous two years. Hoover’s IPO Scorecard reports 153 initial public offering took place in 2010, more than double from the 63 that took place in 2009. The IPOs of 2010 generated total value of $38.7 billion, which surpassed the total of nearly $14 billion in 2009.
3 min read · 14 January 2011
Blumberg Capital Ventures of San Francisco increased the total of its Blumberg Capital II LP Fund to $90 million. The additional investment represents a 37 percent increase from the initial amount raised. A majority of new capital came from current limited partners.
2 min read · 13 January 2011
2 min read · 13 January 2011
Groupon, the daily coupon site, issued a corrected release late Monday that made changes to its investor list. Mail.ru did not participate in the current investment round that raised $950 million in financing. However, DST did, according to the release. Earlier Monday, Group issued a statement listing a slew of investors contributing to the near $1 billion round, including Andreessen Horowitz and Battery Ventures.
2 min read · 11 January 2011
The Institutional Limited Partners Association released an updated version of its Private Equity Principles along with the first of its five recommended Standardized Reporting Templates. ILPA is a nonprofit organization committed to serving institutional investors of private equity.
4 min read · 11 January 2011
Avalon Ventures of La Jolla, Calif., closed capital commitments of $200 million for its ninth and largest fund, Avalon Ventures IX LP. Fund IX was more than 33 percent oversubscribed compared to the original target of $150 million and virtually all institutional investors in the two preceding Avalon funds committed to the investment vehicle. Avalon Ventures plans to use the fund to continue making investments in early-stage, high tech / digital media and life science companies.
2 min read · 10 January 2011
SV Life Sciences said Thursday that it has promoted Paul LaViolette to partner. LaViolette joined SV Life Sciences, a VC firm, in 2009 as a venture partner.
3 min read · 06 January 2011
Access 360 Media said Wednesday that it has raised a "significant" round of series C financing. Access 360 didn't disclose how much it raised. However, a source close to the company says Access 360 raised around $50 million. Columbia Capital, which led the round, injected roughly $12 million.
4 min read · 05 January 2011
2 min read · 29 December 2010
ViKi said Wednesday that it has received $4.3 million in series A funding from investors including Greylock Partners, Andreessen Horowitz, Charles River Ventures, and Neoteny Labs. Viki, based in Palo Alto and Singapore, provides subtitled TV and movies in over 100 languages.
3 min read · 08 December 2010
