The 2013 Midas List: Hot Prospects
Forbes -- For the third year in a row, TrueBridge Capital has partnered with Forbes to cultivate the most exciting billing in venture capital, The 2013 Midas List, which rumor has it will be published shortly. ... As in 2011 and 2012, we have also selected the best of the best from the next generation of venture capitalists, based on quantitative data and qualitative references confirming the sentiment throughout the industry. ... After joining Battery Ventures in 2006, [Chelsea] Stoner quickly became a part of some of the biggest winners for the firm, including Groupon, Guidewire, and RealPage. She specializes in SaaS and healthcare IT ...
Mobile Expert Charles Jolley Joins Battery Ventures as an Entrepreneur in Residence
WALTHAM, MA, MENLO PARK, CA and HERZLIYA, Israel; April 23, 2013 - Battery Ventures today announced that Charles Jolley, most recently Facebook’s Mobile Platform Head of Product, and co-founder of mobile software company Strobe (acquired by Facebook), has joined as an Entrepreneur in Residence (EIR) in its Menlo Park office. Jolley is a well-known and seasoned technologist and entrepreneur, who will bring his deep background in mobile, software and tablet engineering to work alongside the Battery investment team.
Forget in-memory — SiSense raises $10M for in-chip analytics
GigaOM -- While the rest of the world is agog about big data and in-memory analytics, SiSense is taking a different tack. It’s rethinking business intelligence with higher-speed analysis on smaller (relatively speaking) data sets by taking advantage of multicore, 64-bit processors. The approach has been paying off with some impressive customer uptake, and on Wednesday SiSense announced a $10 million series B funding round from Battery Ventures along with Opus Capital and Genesis Partners.
Marketo Files For $75M IPO To Grow SaaS Marketing Platform
TechCrunch - Marketo, a marketing software platform, has announced its plans to file a $75 million IPO to further expand and build out its marketing software platform.
Marketo will trade under “MKTO” on the Nasdaq exchange. Goldman, Sachs & Co. and Credit Suisse are listed as leading the offering.
Marketo has raised $108 million. In November 2011, the company raised $50 million in a round led by Battery Ventures.
GoEuro Secures $4M From Battery Ventures, Hasso Plattner And Angels For Multi-Mode Travel Search Engine
TechCrunch -- ...a new player emerges today, attempting to do almost exactly the same thing – but this time GoEuro, based in Berlin, will have a $4 million seed round to do it with. The round was led by Battery Ventures and Hasso Plattner Ventures (HPV), and joined by notable industry leaders including Dave Baggett (ITA Software – a leading provider of innovative solutions for the travel industry) and Jeff Sagansky (Global Eagle Entertainment – largest provider of entertainment for worldwide airline business).
Mobile Social Voting App Polar Raises $1.2M
TechCrunch - Social voting app Polar has raised $1.2 milliom from Yahoo founder Jerry Yang at AME Cloud Ventures, Greylock Partners’ John Lilly, LiveOps Chairman and former eBay COO Maynard Webb, Ash Patel at Morado Ventures, Brian O’Malley Mike Dauber at Battery Ventures, Google’s Don Dodge, Sam Pullara, and others.
Battery Ventures Raises $900M in Two New Funds
Wall Street Journal - Battery Ventures has raised a new $650 million fund plus a $250 million side fund, just as it completes an internal intergenerational shift.
The venture-capital firm, which invests across technology sectors and across different stages of private companies’ life cycles, last raised a $750 million fund in 2010.
Battery Ventures Closes Two Funds Totaling $900M
Battery Ventures X Capitalized at $650M, Battery Ventures X Side Fund Capitalized at $250M; Firm will Continue to Invest in Technology in Early, Growth and Buyout Stages
WALTHAM, MA, MENLO PARK, CA, HERZLIYA, ISRAEL; Feb 21, 2013
- Battery Ventures
today announced that is has closed two new funds, Battery Ventures X (BV X) at its $650M target, and Battery Ventures X Side Fund (BV X Side Fund) at its $250M target. Battery will continue its focus on Seed, Early, Growth and Buyout opportunities in technology and related markets. The firm raised predecessor fund Battery Ventures IX ($750M) in March 2010.
The Top 20 Venture Capital Firms of 2012
VentureBeat -- The top 20 technology venture capital firms of 2012 have been tabulated by PrivCo, a company that provides financial analysis of private companies. Based on the number of private tech company exits in 2012, Intel Capital ranked No. 1.
Next up were Felicis Ventures, SV Angel, Sequoia Capital, First Round Capital, Battery Ventures, DFJ, Greylock Partners, Ignition, Google Ventures...
Investment Firms Give Entrepreneurs a Home
Wall Street Journal - Some big Silicon Valley venture-capital firms are bringing in more entrepreneurs-in-residence, seeking an earlier entry into companies as investing grows more competitive.
The programs—in which an executive or entrepreneur works informally at a venture-capital firm developing their next idea—are a low-risk and low-cost way for firms to get exclusive access to a new startup.
There’s Still Money in Old-School Tech
GigaOM (Alex Benik contribution) -- As startups race to become the next big thing, they often downplay the successes and sales of those they hope to replace. But large companies spend billions on old technology because they don’t have the resources to try something new.
Brightree Acquires Home Health and Hospice Software Provider CareAnyware
Combination creates the largest provider of SaaS-based healthcare IT (HCIT) software solutions for the post-acute care industry
ATLANTA – January 4, 2013 – Brightree LLC, the leading provider of billing and business management software solutions for the home medical equipment (HME) market, announced today that it has acquired home health and hospice software provider CareAnyware, Inc. of Raleigh, N.C.