Posts tagged “Venture Investments”
Durham's Spreedly has landed a $2.5 million equity round, according to a regulatory filing. The company, which developed a technology to secure online payments, has raised at least $5.5 million thus far.
Chapel Hill-based Golden Bell Partners Fund II, one of two pooled investment funds created by former head of Duke University Investment Management Co., (DUMAC) Edward Hutchinson, has raised $140,850,000 in equity from six investors, according to a filing with the U.S. Securities and Exchange Commission.
Venture capitalists invested $16.3 billion in 1,070 deals in the third quarter of 2015, according to the MoneyTree Report from PricewaterhouseCoopers (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters. Among states, North Carolina firms drew $363.5 million in investments in 18 deals, ranking 5th nationally behind California, Massachusetts, New York, and Texas.
U.S. venture capital fundraising fell in both the number of funds and the amount invested in Q3, but investments in U.S. companies and median pre-money valuations both increased from the same period last year. So says the Dow Jones Venture Source in its Q3 report.
North Carolina has been seeing a lot of recent rewards for its long-term investment in the life sciences. The recently released CED Innovators Report shows life science companies nailed down more than $268 million in equity investment in the first half of 2015.
Biogen donates RTP made meds; Sunlight matches ads to users, Symphony nabs $100M; Twitter slashing workforce
In today's Bulldog Update of technology news: Biogen donates hemophilia medicines made in RTP to Africa; new tool expands tracking of personal data online; Google part of $100M raise by messaging startup Symphony. Twitter is cutting jobs.
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.