Connie Loizos
Medivo, a New York-based online health monitoring platform, has raised $15 million in Series B financing led by the Merck Global Health Innovation Fund, with participation from existing investors Safeguard Scientifics and MentorTech Ventures. To date, the company has raised more than $22 million.
Almost a year after closing on a $65 million fund-of-funds that focuses on small and mid-size early-stage venture capital funds, San Francisco-based Industry Ventures is in the market again, according to a regulatory filing – this time for a $100 million fund of funds.
Ron Palmeri easily admits that were it not for serial entrepreneur Halsey Minor, he wouldn’t be where he is today. But Palmeri says today that as Minor's right-hand man at Minor's now defunct venture capital firm Minor Ventures, he did far more than execute on Minor's visionary ideas. Crucially, Palmeri says, he was coming up with many of them.
Zuga Medical, a Cleveland, Oh.-based medical device company that is developing an FDA-approved dental implant system, has received $250,000 in funding from the nonprofit venture development organization JumpStart. In addition to JumpStart’s investment, Zuga has received funding from the Cuyahoga County North Coast Opportunities Fund and the Innovation Fund.
The Chicago-area venture firm Origin Ventures is raising the biggest fund in its history, according to a regulatory filing, and a smart bet -- and new partner -- may explain why.
The Indiana Economic Development Corporation, in partnership with the private venture development organizationElevate Ventures, is launching the Indiana Diversity Investment Fund (IDI Fund), the two outfits announced today. A sub-program under the Indiana Angel Network Fund, which is itself a seed and early-stage co-investment program for Indiana companies under the U.S. Department of Treasury’s State Small Business Credit Initiative, the IDI Fund is dedicated to supporting women, minority and veteran-owned businesses in Indiana in particular.
San Diego-based weMonitor, an analytics startup focused on the home energy efficiency market, has raised $5.3 million Series A investment from Dominion Investment Group of Norfolk, Va., a firm that provides funding for companies, as well as sells insurance, investment and trust services.
The entrepreneur-turned-investor chats about how Ron Conway helped him, the future of bitcoin and why people think he needs to get out more
Through April 2013, just 11 VC-backed companies have gone public this year, but May saw more than half that many
Andreessen Horowitz, the Sand Hill Road firm that’s been in hyper drive since its 2009 founding, today announced its eighth general partner: Lars Dalgaard, the founder of SuccessFactors, a Web-based employee management software company that sold for $3.4 billion in late 2011 to SAP of Germany, where Dalgaard remained until last week.