Canadian early-stage venture capital firm Version One Ventures has closed its second fund with $35 million in commitments, exceeding the $30 million target, said Boris Wertz, founding partner. Northleaf Venture Catalyst Fund and BDC Capital are anchoring the new fund and were joined by existing investors from Fund I.
Google has led a $542 million round for Magic Leap, a Florida-based cinematic reality startup.
The day of the self-driving car is coming, writes guest columnist Mark Lydon, managing director for Intel Capital’s $100 million Connected Car Fund.
More VCs hoping to make the grade, as investment activity in edtech picks up.
For the first three quarters of this year more than $33 billion has been put to work in U.S.-based companies. That is $3 billion more than the amount invested in all of 2013, according to the MoneyTree Report from the NVCA and PricewaterhouseCoopers, based on data from Thomson Reuters.
Public pension funds in the United States invest on average 9.4 percent of their portfolios in private equity, and the pension with the best 10-year returns this year is the Teacher Retirement System of Texas.
The uncertain regulatory environment surrounding the operation of unmanned aerial vehicles isn’t hampering the application and innovation of drones.
Peter Thiel, the first outside investor in Facebook and co-founder of PayPal and Palantir Technologies, continued his campaign against what he sees as a lack of innovation in the technology business at the PartnerConnect conference Tuesday.
Marc Andreessen joins Bill Gurley and Fred Wilson in sounding the alarm that the tech startup world is overheated. Key word: "vaporize."
When Ryan Holmes founded Hootsuite Media in 2008, he had two key objectives in mind. He wanted his startup to be a leading driver of social media innovation on a global scale. He also wanted to build it into a billion-dollar company that would stay true to its Canadian roots. Holmes and Hootsuite have made significant progress on both counts. This week, the company announced it has closed a US$60 million follow-on financing, which brings its total raise of venture capital since 2009 to a whopping US$250 million.