Mark Boslet
Cozi said it closed a $3 million round of funding as an extension to its Series C financing. The new money brings the total raised by the Seattle online calendar company to $25 million. No investors were disclosed. The company confirmed the financing and the deal is noted in a filing with the Securities and […]
BeachMint has raised $35 million in a round led by Accel Partners and joined by Goldman Sachs, New World Ventures, Millennium Technology Value Partners and others. Accel’s Greg Waldorf will join BeachMint’s board. PRESS RELEASE BeachMint announced today that it has raised $35 million in financing from leading venture capital firm, Accel Partners, Goldman Sachs, […]
Y Combinator said it added two new venture partners, Garry Tan and Aaron Iba. Both are Y Combinator alumni. Tan was one of the founders of Posterous, which was funded in 2008. Iba co-founded Appjet, also known as Etherpad, which was funded in 2007 and acquired by Google two years later. BLOG POST Welcome Garry […]
Adara Media Inc. said it raised $12.4 million in funding led by August Capital and joined by existing investors ONSET Ventures, Morgenthaler Ventures and Baseline Ventures. Adara Media said the money will help it improve its online marketing software and expand it into new verticals while investing in sales, marketing and operational resources. PRESS RELEASE […]
Millennium Technology Value Partners said that Max Chee has been promoted to partner. Chee joined the firm in 2005 and has led Millennium investments in companies such as ArcSight, Airvana (acquired by SAC Capital), Green Dot, RigNet, Epocrates and Tumblr. PRESS RELEASE MILLENNIUM PROMOTES MAX CHEE TO PARTNER NEW YORK, NY – January 24, 2012—Millennium […]
Trion Worlds has raised $85 million in a round of equity financing led by Ontario Teachers’ Pension Plan and joined by current Trion investor Bertelsmann Digital Media Investments. Games producer Trion will utilize the financing to grow its business. PRESS RELEASE TRION WORLDS CLOSES $85 MILLION STRATEGIC GROWTH FINANCING Led by Ontario Teachers’ Pension Plan […]
AppAddictive has raised $1.2 million in seed funding, according to a news report on TechCrunch. The funding comes from Great Oaks Venture Capital, Siemer Ventures, and Tholons, according to the report. NEWS STORY AppAddictive Raises $1.2 Million For Drag-And-Drop Facebook Page Builder & Ad Platform AppAddictive, a newly launched DreamIt-backed startup from the 2011 NYC class, […]
Quantum Capital Fund said it has launched a $200 million U.S. fund and opened an office Santa Clara, Calif. The South Africa venture capital firm was founded in 2004 by Julian Pencilliah. Its U.S. operations are being led by Arnold Magcale, formerly with Motorola and Danger. The firm also said it made its first U.S. […]
Hercules Technology Growth Capital released its year-end results with details on its venture debt business. The company said commitments in 2011 were about $630 million, up 20% from last year. Hercules also said in a press release that it entered into an agreement to buy about $9.6 million of Facebook (307,500 shares) on the secondary […]
Cendana Capital has kicked off its efforts to raise a $100 million fund, according to a filing with the Securities and Exchange Commission. The filing lists Michael Kim, a former partner at Rustic Canyon Partners, as director of the fund. Kim has described his San Francisco-based firm as a fund of fund that invests in […]