Alexander Haislip
DT Ventures has raised $122 million in commitments for its second fund, according to a regulatory filing. The Hong Kong-based firm—formed as a partnership between Lightspeed Venture Partners, Madrone Capital Partners and Pantheon Capital—has set a target of $130 million for DT Ventures China Fund II. The firm (which is also known as DragonTech Ventures […]
Third Stream Biosciences raised $820,000 from 13 accredited investors according to a regulatory filing. The company will use $650,000 of that for the acquisition of other businesses, the filing shows. The company is still hush, hush and doesn’t even list its business address on its filing. But it does list Rud Istvan as CEO. Istvan […]
I’m fascinated by international business, especially in developing countries. I’ve written about it several times now and am currently finishing up a piece on India for the Venture Capital Journal informed, in part, by comments left here at PEHub.com. I’ve been lucky over the last couple of days to run across several insightful pieces about […]
Sequoia Technology Partners XI, an investment fund Sequoia Capital uses to support its industry friends, collected Google stock worth $14 million via the YouTube acquisition. Law firms included in the fund are: Wilson Sonsini Goodrich & Rosati, which got Google shares worth $800,000; Gunderson Dettmer, which got shares worth $319,000; Heller Ehrman, which got shares worth […]
The Economist reports this week that India is overheated. It uses a slew of financial metrics to make its case. Some, such as the current-account balance as a percentage of GDP, seem a bit esoteric. Others, such as the fact that Indian manufacturing companies lost an estimated 8% of sales each year because of disruptions […]
Emergence Capital Partners expects to launch fund-raising for its second vehicle at the end of this quarter, aiming for $175 million, PE Week has learned. It may cap the fund at a higher level. The San Mateo, Calif.-based firm, which raised $125 million for its inaugural fund in 2004, has staked its future on business […]
Steve Jurvetson is a smart guy. And it looks as though he may soon be considered to be a lot smarter. Jurvetson pushed his firm, Draper Fisher Jurvetson, to invest some $200 million in nanotechnology, novel materials and micromechanical systems startups since 2000. Now it seems that investment may start paying dividends. Jurvetson tells Venture […]
Akamai Technologies has agreed to acquire Netli Inc., a Palo Alto, Calif.-based provider of application delivery network services, for approximatley $178 million worth of Akamai stock. Netli has raised around $46.5 million in total VC funding since its 2000 inception, including an $18 million Series D round in early 2006 at a post-money valuation of […]
OVP Venture Partners has held a second close on its latest fund, expanding it to $214.5 million, according to a regulatory filing. The new fund was expected to close at less than $250 million before the end of last year, Managing Partner Gerry Langeler told PE Week last spring. Returning investors in fund VII include […]
HedgeStreet has raised $21.8 million of a $32 million Series D investment round, according to a regulatory filing. The company, which offers options, futures and derivatives trading to common investors, raised the financing from Rubicon, Pareto Partners, Norwest Venture Partners, CrossBridge Venture Partners and the Chicago Board of Exchange through CBOE II LLC, an investment […]