And the New Home of Facebook is…Nasdaq
When Facebook filed to go public with the SEC just minutes ago, there were a lot of things it didn’t need to include in its filing, including the size of the offering or, for that matter, where the offering will take place.
It disclosed the latter, though, and the winner? It’s Nasdaq.
It’s no small coup for...
VCJ Cover Story: Lights, Camera, Action, Disrupt!
Shortly before he died, Apple co-founder Steve Jobs told his biographer, Walter Isaacson, that he had “finally cracked” the secret of the connected TV.
The resulting product could be an easy-to-use Internet television that syncs with other devices and the cloud and perhaps respond to voice commands.
Imagine what this will do to the venture industry’s timeline...
Venture Capitalist Confidence Index Falls in 4Q for Third Straight Quarter
Early-stage investing is chugging along at a nice pace. But Silicon Valley venture capitalists are less confident about the months ahead than they were during the financial tumult of the fall.
This is according to the Silicon Valley Venture Capitalist Confidence Index prepared each quarter by Mark Cannice, a professor at the University of San Francisco....
Estech Inks $7M Debt Financing from NXT Capital
Estech has sealed $7 million in venture debt financing from NXT Capital's Venture Finance Group and Silicon Valley Bank. The money will be used for growth. Estech is a developer and marketer of medical devices that allow cardiac surgeons to perform a variety of minimally-invasive surgical procedures.
RiseSmart Inks $2M
San Jose, Calif.-based RiseSmart has raised $2 million in fresh capital from Norwest Venture Partners. The company, a maker of outplacement workforce services, has raised a total of $13.85 million since it was formed in 2007. The company is also backed by Storm Ventures and angel investors.
Jemstep Inks $6M
Jemstep, maker of a personal online investment guidance and management service, has raised $6 million in new funding, bringing its total raised to $10.5 million. The company did not disclose the names of investors. Jemstep is based in Los Altos, Calif.
BASF Venture Capital Backs Solidia Technologies
BASF Venture Capital is investing $5 million in Solidia Technologies as part of a $27 million financing round. The current round of financing also includes Kleiner Perkins Caufield and Byers, BP Ventures and Bright Capital, the venture arm of RU-COM Corporation. The company is headquartered in Piscataway (New Jersey) and has 28 employees.
PRESS RELEASE
BASF Venture...
Atego Secures Funds for Growth Plan
Atego, a global software tools and professional services supplier has secured an additional, multi-million dollar equity investment. Existing investor ETV Capital led the funding with participation from Albion Ventures, new investor ESO and individual investors. The funds will be used to finance the Atego’s current growth plan combining organic and external, acquisition-driven growth.
PRESS RELEASE
Atego™, the...
Check-Cap Gets GE Backing
GE Capital and GE Healthcare, the financial services and healthcare divisions of General Electric Company have invested in Check-Cap, a developer of an ingestible imaging capsule that may help detect colorectal cancer. The investment is being made through the GE healthymagination Fund, an equity fund that makes investments in healthcare technology companies.
PRESS RELEASE
GE Capital...
Check-Cap Gets GE Backing
GE Capital and GE Healthcare, the financial services and healthcare divisions of General Electric Company have invested in Check-Cap, a developer of an ingestible imaging capsule that may help detect colorectal cancer. The investment is being made through the GE healthymagination Fund, an equity fund that makes investments in healthcare technology companies.
PRESS RELEASE
GE Capital...
CartiHeal Gets Backing for First Product Launch
CartiHeal, a privately held medical device company has raised $5 million in venture funding from two US-Israeli venture capital firms, Accelmed and Access Medical Ventures. The financing will be used to prepare its first product launch in early 2013 in Europe. CartiHeal is a spin-out of the Department of Biotechnology Engineering at Ben-Gurion University, Israel.
PRESS...
