Ted Leonsis thinks Revolution has found a pioneer in one of the "few undiscovered big segments that haven't been transformed by the Web at scale." Its name is Optoro.
The local government hopes that large healthcare companies in its country will help spawn R&D hubs in the pharmaceutical industry
The numbers differ, but the trends they uncover point in the same direction: venture deal making rose in the second quarter after a soft first quarter, according to three research outfits. CB Insights is the latest to weigh in.
Ayasdi is a 50-person startup that’s automating the insights that companies can glean from their own data, and today, it’s announced that it has raised $30.6 million from Institutional Venture Partners, Citi Ventures and GE Ventures. The money looks like a smart bet.
VC-backed IPOs perked up in Q2 with 21 offerings, although M&A was muted
The state pension fund continues its recent trend of annually adding venture funds to its portfolio
Affordability and the explosion of smartphones are driving growth and adoption
Startups developing technology for the financial industry have long been a target for venture investors. Since 2008, more than $9 billion has been steered into 1,315 deals. The annual total continues to rise. Last year’s dollars committed rose 22% and deal volume climbed 20%.
The lifting of the ban on general solicitations will likely have the biggest impact on emerging managers seeking new limited partners. But even established VCs should benefit from the change, at the very least because it means they can now publicly discuss fundraising plans.
Product-naming expert David Placek says the monikers chosen for some new venture funds leave a lot to be desired. Find out who missed the mark.