Posts tagged “Venture Investments”
Lea(R)n, creator of an award-winning online resource for educators, LearnTrials, which closed a seed round of funding of more than $800,000 in July, has received a $350,000 grant from the Bill and Melinda Gates Foundation.
U.S. venture capital firms raised $4.4 billion for 53 funds during the third quarter of 2015, a decrease of 34 percent compared to the number of funds raised during the second quarter of 2015, and a 59 percent decrease by dollar commitments, according to the Fundraising Report by Thomson Reuters and the National Venture Capital Association.
AvidXchange, which sells accounts payable and payment automation software, started working in January on the huge $225 million financing deal it just closed, says CEO and co-founder Michael Praeger. "We hadn't raised capital in a long time, but we really liked the approach of the Bain Group," he says.
Twelve Triangle technology companies raised $112.2 million in venture backing in the second quarter, with five hauling in more than $10 million each, according to the MoneyTree Report from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters.
Seed-stage investor Acorn Innovestments opens fundraiser its latest fund, White Oak Innovestment. Already having made several local deals, the firm has landed 10 investors and $2.5 million for its latest fund. Michael Noel, an NCSU graduate, is the founding partner. WRALTechWire Insiders can learn more about the firm, its investments and its strategy.
The surge in the public markets is outperforming the returns from venture capital investments, according to a new report from the National Venture Capital Association and Cambridge Associates.
North America led all global regions for venture capital deals, according information from research firm Preqin. Learn which industry led all sectors in total VC deals.
New data shows North Carolina investments rose back to pre-recession levels in 2010. "What's really encouraging is that North Carolina so dramatically outpaced the rest of the country in its recovery back to pre-recession investment levels," says Intersouth Partners' Jimmy Rosen.