News For Category: venturecapital | 09.04.2010 |
- Cleaner Chatroulette Rival Raises Seed Round
- [at New York Times] - VChatter, a video chat startup led by online dating pioneer Will Bunker, has raised $250,000 in seed funding, VentureBeat reported.
- New York s Tech Start-Up Scene Comes of Age
- [at The Wall Street Journal] - New York s Tech Start-Up Scene Comes of Age Over the last decade, New York has been building a real tech center, where software, media, and ad-related startups are thriving, a venture capital community is growing and serial entrepreneurs are commonplace.
- Ex-Googler Lee Backs China Companies to Foster Startup Culture
- [at BusinessWeek] - Founded by Kai-Fu Lee, former head of Google s China division, business incubator Innovation Works is funding 12 startups amid strong demand for Web technology
- 3PAR Insiders Reap Windfall
- [at The Wall Street Journal] - 3PAR Insiders Reap Windfall Three venture-capital firms stand to get about $800 million from H-P s purchase of 3PAR, while the storage firm s CEO could collect nearly $100 million.
- Dubai P.E. Firm Buys First Sukuk in Britain
- [at New York Times] - Millennium Private Equity, a Dubai government-linked investment company, plans to use Islamic financing for venture capital in Europe after buying the first corporate sukuk in Britain, Bloomberg News reported.
- Institutional Venture Announces $750 Million Fund
- [at New York Times] - Institutional Venture Partners, a Menlo Park, Calif. firm whose portfolio includes hot startups like Twitter, Zynga, and Ngmoco, announced today that it has raised a new $750 million fund, VentureBeat reported.
- Start-up seeks to outflank Google in new market
- [at MarketWatch] - While Google Inc. long ago achieved dominance of Internet search-advertising in the U.S. and many foreign markets, start-up OpenX Technologies Inc. is quietly attempting to outflank the goliath in the burgeoning display-advertising market.
- Good Things Come To Venture Firms Who Wait - Even 13 Years
- Rex Energy Announces Joint Venture With Leading Japanese Trading Firm
- [at Fox Business] - Shares of Rex Energy Tuesday after the oil and gas company announced its joint venture agreement with a subsidiary of Sumitomo Corp, Summit Discovery Resources II, one of Japans largest trading and investment firms.
- Real-Time Analytics Startup Chartbeat Raises $3 Million
- [paidContent.org] - Chartbeat, an analytics startup that provides subscribers with a snapshot of how people are interacting with their sites—in real time—has raised $3 million in a first round of funding.
- Accel buys stake in e-commerce site
- [at Financial Times] - Accel Partners, the venture capital fund that backed Facebook and RealNetworks RNWK, has taken a significant minority stake in one of Europe s largest private member e-commerce websites.
- Outdoor mall in Plainfield, Ind., gets new owner
- [AP] - An outdoor mall in Plainfield, Ind., has a new owner. A joint venture of Israel-based firms says it bought the Metropolis shopping center for $52 million. Aviv Arlon Global Ltd. says it bought the 600,000-square-foot mall from its court-appointed receiver.
- Google acquires social networking startup Angstro
- [Reuters] - Google Inc has acquired Angstro, a startup that sorts news and information across social networks like Facebook, a spokesman for the leading Web search provider said on Sunday.
- [$$] Google to Acquire Start-Up Angstro
- [at The Wall Street Journal] - Google to Acquire Start-Up Angstro Google said it acquired start-up Angstro, part of the search giant s efforts to build a social-networking service that can effectively compete with Facebook.
- Facebook and Y Combinator to Back Social Startups
- [at New York Times] - Facebook said Thursday that it s going to be working with Y Combinator to give the incubator s startups special access to Facebook support and features.
- Sterling Financial completes recapitalization
- [AP] - Sterling Financial Corp. said it has completed its $730 recapitalization effort. Sterling, which is the bank holding company of Sterling Savings Bank, said the transaction raises new capital from institutional, private equity and other investors.
- Facebook Throws the Book at Internet Startup
- [at New York Times] - What s in a name? Well, book better not be, otherwise Mark Zuckerberg and Co. might file a complaint. Facebook has sued a yet-to-launch Internet startup, Teachbook.com, for trademark infringement.
- VENTURE CAPITAL-U.S. firms struggling to raise funds
- [at Reuters] - Aug 26 - A confluence of factors, including poor returns and limited partner investors still smarting from the financial crisis, has made it increasingly difficult for venture capital firms to raise new funds.
- Food-Based Social Network Gets Funding
- [at New York Times] - Foodspotting, a startup that allows users to share photos of their favorite dishes with friends and other food-lovers, has landed a $750,000 seed round from a series of angel investors.
- [$$] Innovative Israel Failing To Grow High-Tech Start-Ups
- [at The Wall Street Journal] - Israel Struggles to Grow Tech Start-Ups Israel s inability to turn its high-tech start-ups into mature companies that remain in the country is causing concern for both the industry and the government.
- Andreessen launches second venture fund
- [at Reuters] - Netscape co-founder Marc Andreessen s venture capital firm is starting its second fund and targeting $650 million to invest, peHUB, a unit of Thomson Reuters, reported on Wednesday.
- Elevation to Invest $100 Million in Pandora?
- [at New York Times] - Elevation Partners, which counts U2 s Bono among its principals, has reportedly signed a letter of intent to pick up a significant amount of shares in a leading online music company from an early investor.
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