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Zynga's big IPO winners
CNN Money &bull Dec 15, 2011
Zynga this evening raised around $1 billion in its IPO, by pricing 100 million shares at $10 per share. That puts a whopping $7 billion valuation on the social gaming giant (of $8.9 billion, if you include unexercised options and… Full Story »
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Topics:
- Initial Public Offering
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NanoH2O Raises $14.8M
Socal Tech &bull Dec 15, 2011
El Segundo-based NanoH2O, the UCLA spinout which is developing reverse osmosis membranes for water desalination, has raised $14.87M as part of an ongoing, $30.6M fundraising effort, according to a regulatory filing from the firm. No details of the funding have… Full Story »
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Cerulean Pharma Closes Series D
Private Equity Hub &bull Dec 15, 2011
Cerulean Pharma, a developer of nanopharmaceuticals, has closed a $15 million Series D financing with participation from new investor, CVF, an affiliate of Henry Crown and Company of Chicago, Illinois, as well as full participation from all other existing investors,… Full Story »
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Third Rock Ventures Launches Ember Therapeutics with $34M
Private Equity Hub &bull Dec 15, 2011
Boston-based Third Rock Ventures has unveiled a new company, Ember Therapeutics, a product-focused company that's trying to harness breakthroughs in brown fat biology and insulin sensitization to revolutionize the treatment of metabolic disease. Third Rock, a venture firm that helps… Full Story »
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The world needs more crazy billionaires
CNN Money &bull Dec 15, 2011
Paul Allen, Elon Musk, Peter Thiel....they're all dropping bushels of cash on things they think are cool that won't likely ever make money. Good for them. Full Story »
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Topics:
- Paul Allen
- Elon Musk
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Aiming To Be The 'Groupon Of Groceries', SavingStar Passes 1 Million Users In Under A Year
TechCrunch &bull Dec 15, 2011
It's been a pretty good ride so far for digital couponing startup SavingStar . The company launched its beta last August behind $2.3 million in financing from Flybridge Capital Partners , First Round Capital , and Founder Collective , with… Full Story »
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Brad Burnham Explains Why SOPA Must Be Stopped
TechCrunch &bull Dec 15, 2011
Erick Schonfeld is the Editor of TechCrunch. He oversees the editorial content of the site, helps to program the Disrupt conferences and CrunchUps, produces TCTV shows, and writes daily for the blog. He is also the father of three adorable… Full Story »
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Topics:
- Brad Burnham
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Prezi's zoomable presentation software locks in on $14M
Vator News &bull Dec 15, 2011The Series B round also includes renewed participation by Sunstone Capital, who led the company's $1.5 million Series A in syndication with TED Conferences in 2009. With its focus on creating zoomable presentations to add to the connection and discovery… Full Story »
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Sotera Completes Series D
Private Equity Hub &bull Dec 15, 2011
Medical device company Sotera Wireless has closed a $12.2 million Series D financing led by Singapore-based global fund, EDBI. The round also included new investor Cerner Capital and existing investors Sanderling Ventures, Qualcomm Ventures, Intel Capital and West Health Investment… Full Story »
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Prezi lands $14 million to save us from death by Powerpoint
Venture Beat &bull Dec 15, 2011
Zooming presentation tool Prezi just landed an investment of $14 million from Accel Partners and previous Danish investors Sunstone Capital. Prezi is one of those rare startups which actually has revenue. The company has been cash flow positive since 2010. Known primarily for its online presentation software, Prezi also offers Prezi Desktop for offline editing, PreziMeeting… Full Story »
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Topics:
- Accel Partners
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Accel Leads $14M Round In Cloud-Based, Visual Presentation Software Prezi
TechCrunch &bull Dec 15, 2011
Cloud-based presentation software Prezi has raised $14 million in Series B financing led by Accel Partners with Sunstone Capital participating in the round. Accel's Andrew Braccia will be joining Prezi's board of directors. Prezi, which was founded in Budapest, Hungary… Full Story »
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KKR & IFC-backed Magma Fincorp Entering Gold Loan, Housing Finance Biz
VC Circle &bull Dec 15, 2011
Seven months after raising funds from private equity giant Kohlberg Kravis Roberts & Co. L.P. (KKR) and International Finance Corporation (IFC), Kolkata-based non-banking finance company Magma Fincorp is now entering gold loan and housing finance business. Gold loans has been a hot business with rising price of bullion that allows consumers to borrow against family jewels while… Full Story »
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Topics:
- KKR
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Should VC's Be Blogging?
Babbling VC &bull Dec 15, 2011
Chris Dixon started my thinking about whether VC's need to be blogging. He posted a quote from Marc Andreessen, which is actually quite good, but not relevant to this post. What is relevant is Chris's quote at the end: "Man,… Full Story »
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Topics:
- Chris Dixon
- Marc Andreessen
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Highland Capital may sell European unit
Biz Journals &bull Dec 14, 2011
Highland Capital Management LPHighland Capital Management LPLatest from The Business JournalsBest Corporate Counsel Awards: Finalists, Community serviceDallas: a future in health care, energyHouston lawsuit against Highland Capital dismissedFollow this company, a Dallas purveyor of hedge funds and other financial services,… Full Story »
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Carlyle Buys 42% of Alamar Foods
Private Equity Hub &bull Dec 14, 2011
The Carlyle Group has bought a 42% stake in Alamar Foods . The seller is the the Al Jammaz family of Saudi Arabia , which will continue to hold a majority stake. The deal closed on Dec. 14. Alamar is… Full Story »
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LA-based Amplify launches $4.5M accelerator
Vator News &bull Dec 14, 2011Amplify announced Wednesday its debut, with some pretty high-profile backers, including Mark Burnett, well-know television producer of the Apprentic and Survivor, as well as other entertainment executives, Brian Grazer and Jarl Mohn. Notable tech backers include Accel Partners, BC Capital,… Full Story »
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Eisner Backs TaskRabbit
Socal Tech &bull Dec 14, 2011
Michael Eisner, the former CEO of the Walt Disney Company, has backed TaskRabbit, the operator of an online marketplace to help connect people with workers to do any number of tasks. According to TaskRabbit, Eisner has agreed to become an… Full Story »
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PowerCloud raises $6 million
Biz Journals &bull Dec 14, 2011
PowerCloud Systems, a spinout from XeroxXeroxLatest from The Business JournalsPowerCloud Systems gets M in Series B funds PowerCloud Systems raises M in Series B fundsAppleton office products distributor acquired by Xerox unitFollow this company's PARC that makes software for providing… Full Story »
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Topics:
- B Round
- Series B Funding
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Xeround Gets $9M
Northwest Innovation &bull Dec 14, 2011Xeround, a developer of cloud-based, MySQL database services, said today that it has raised $9M in a Series C found, which included local investors Ignition Partners and Trilogy Partnership. The firm--which had previously had its U.S. headquarters in Bellevue--also has… Full Story »
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Tech Bigwigs: New Law Would Make The U.S. Like "China, Malaysia, and Iran"
Silicon Alley Insider &bull Dec 14, 2011
A group of bigshots in the tech industry, including Marc Andreessen , Sergey Brin , Jack Dorsey , and Arianna Huffington , say that the Stop Online Piracy Act (SOPA ) would let the US government use censorship techniques "similar to those… Full Story »







