Alastair Goldfisher
Nearly two years after he launched Beijing-based incubator Innovation Works, Kai-Fu Lee announced in China on Thursday that he has wrapped up raising a $180 million fund to invest in Chinese Internet startups. The fund is backed by an all-star cast of investors, including Yuri Milner of DST Global and angel investor Ron Conway. In […]
RootMusic—the San Francisco-based company that developed the BandPage Facebook application for musicians—announced today that it raised $16 million in Series B expansion led by GGV Capital. New investor Northgate Capital and existing investor Mohr Davidow Ventures (MDV) also participated. As part of the fund, Hany Nada, partner at GGV, has joined the board. The company has now […]
Kleiner Perkins Caufield & Byers and Sequoia Capital, which famously co-invested in Google many years back, are about to take another company public. Jive Software Inc. filed an S-1 today, showing that it intends to raise $100 million in an initial public offering on the Nasdaq under the symbol “JIVE.” The filing did not list […]
Maybe the threat of a debt crisis spooked investors last month. Or maybe VCs are like everyone else and they enjoy taking time off in the summer. For whatever reasons, venture firms didn’t invest in as many deals in July, as in previous months. The most active investor–see the slideshow below to find out who–participated […]
In many ways, Andrew Hsu is a normal startup entrepreneur. He works a lot of hours (from 10 a.m. to about 4 a.m. every day, he says) and he’s passionate about his company, Palo Alto-Calif.-based Airy Labs, which is developing social learning games for kids. Hsu delivered the opening keynote speaker at the Teens in […]
“It’s not what you know, it’s who you know” is not a refrain heard frequently when talking about successful VCs and startups. That’s probably because it’s not true. You have to know your stuff to make it in the tech world, either as an entrepreneur or as an investor. But connections matter. And the tendency […]
Not long before the U.K.-based digital music service provider Spotify released its services in the United States earlier this month, it raised $100 million from Accel Partners, Kleiner Perkins Caufield & Byers and Digital Sky Technologies. The deal, reportedly valuing the company at over $1 billion, is not a bad chunk of change for an […]
PriceAdvice, which helps consumers determine the price of used items for sale on such sites as eBay, Amazon and Craigslist, has raised $300,000 in the latest round of funding, led by G-51 Capital, a seed stage investor. The company has now raised $4 million in funding since it was launched in 2006. PriceAdvice has also […]
Android browser developer MoboTap has raised $10 million in a Series A round that is led by Sequoia Capital and includes Matrix Partners. A company spokeswoman told peHUB that the deal represents the first mobile browser investment by Sequoia Capital. The San Francisco-based company was launched in Beijing about 15 months ago. MoboTap makes an […]
Internet media delivery company RealNetworks announced today it provided a strategic investment to San Francisco-based startup ClipSync. The amount of the investment was undisclosed, but peHUB has learned it was under $5 million. ClipSync, which allows users to create social viewing rooms for video and TV content, has raised about $750,000 from KPG Partners. The […]