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Battery Ventures to sell Trust Group to Sabre

PE Hub--Sabre Corp has agreed to acquire the Trust Group of Companies from Battery Ventures for about $154 million. The deal is expected to be completed in early 2016. The Trust Group is a a central reservations, revenue management and hotel marketing provider.

The guy who pushed Netflix into the future says we’re still underestimating Amazon

Business Insider--Battery Ventures technology fellow Adrian Cockroft is almost always the smartest guy in the room.

Earnest, Fueled by Growth in Student Loans, Raises $275 Million

The New York Times--At the start of this year, Earnest was an intriguing but small entrant in an emerging field of start-ups using new tools of data and software to analyze credit risk and make consumer loans. Its loans were typically a few thousand dollars for things like relocation expenses and professional training.

As Private Valuations Increase, Returns Shrink, Study Finds

The Wall Street Journal--Late-stage investors in private tech companies are seeing smaller returns, and a new survey suggests that professionals expect the trend to continue.

Salesforce — not a VC firm — is now the top investor in one of the hottest tech industries

Business Insider--Looking at the JMP's annual "Hot 100" list, which tracks the best private companies in the software industry and the venture capital firms investing in them.

Blue Apron’s Got Big Plans For Dinner — But So Do Its Hungry Rivals

Forbes--It’s June, and the summer zucchini are just starting to poke out from the vine. Their owner, a farmer named Patrick Johnston, explains to his eager guests from a startup called Blue Apron that the zucchini have already been sold to someone else and that the corn Blue Apron has contracted to buy is farther down the road.

Dell to buy Hopkinton’s EMC in $67 billion deal

Boston Globe--Dell Inc. said it agreed to buy EMC Corp., Massachusetts’ biggest technology company, in a cash and stock deal valued at about $67 billion, removing independent ownership from one of the last surviving companies that made New England a tech hotbed in the 1980s.

Introducing The Information’s Future List

The Information--Less than one percent of senior VCs involved in investment decision are Black—four of 552 people. And only 1.3% are Hispanic.

Press Release: Russell Fleischer Promoted to General Partner, Morad Elhafed to Partner at Battery Ventures

MarketWired--Russell Fleischer, a longtime technology-industry operator and CEO, and Morad Elhafed, a seasoned software dealmaker, have been promoted to new roles at Battery Ventures, a global investment firm.

New Battery general partner seeks hidden gems, not runaway unicorns

BetaBoston--With private technology startups racking up investment stakes and paper valuations that once seemed unthinkable, some investors actually don’t care if they’re part of the latest hot financing deal.

The Road to Entrepreneurship Is a 10-Year Journey: CEO Success Stories From Silicon Valley

Entrepreneur--Last week, I was lucky enough to attend a panel session on Technology, Entrepreneurship and Leadership at the Brightedge Share15 conference in San Francisco.

Snapchat? Twitter? Millennials aren’t that interested

Los Angeles Times--All millennials are hooked on social networks like Snapchat, Twitter and Instagram, right?Maybe not, according to survey results recently published by investment firm Battery Ventures.

The 27 hottest Israeli startups of 2015

Business Insider--The always-hot Israeli startup scene has been going even more bonkers lately.

High-profile busts signal caution in start-up investing

CNBC--At the end of July, Homejoy, a start-up company that used the Web to offer house cleaning, hung up its mops, leaving customers in the lurch and Google Ventures and other top-tier private equity backers out the more than $35 million they had sunk into the company.

The Startup CEO Who Quit to Be a Dad Is Back to Work in Silicon Valley

The Wall Street Journal--Max Schireson, the startup executive who became a poster child last year for efforts at better work-life balance, is making a comeback, of sorts.

Battery adds Schireson as EIR

PE HUB--Battery Ventures announced today that it has hired Max Schireson, the former CEO of open-source database company MongoDB, as an executive-in-residence.

Max Schireson, family guy and former MongoDB CEO, goes back to work

Fortune--As executive in residence at Battery Ventures, Schireson will look for promising enterprise IT-focused startups

Venture capital cash surfers may see waves recede in market turmoil

Reuters--The waves of cash surfed relentlessly by some of Silicon Valley's largest venture-backed businesses are showing signs of receding amid concern the companies may already be worth more than their likely valuations once they finally go public.

Funding the Cloud: Top VCs Aim for the Silver Lining

eWEEK--Venture capital execs discuss where they see opportunities in the cloud and container space. They believe investors should take a long-term view, not chase hype.

The SaaS Success Database

TechCrunch--What does it take to build a billion-dollar SaaS enterprise-software company? We gave a 30,000-foot answer to this complex — and fascinating — question in a recent TechCrunch post, The SaaS Adventure.

Tech companies, investors keep a wary eye on twitchy public markets

BetaBoston--Private companies and the investors who back them are a bit insulated from the jitters that have plagued public stock markets in recent days. But that doesn’t mean they aren’t paying attention.

Exclusive: Venture capital to make diversity pledge

USA Today--Venture capitalists will pledge concrete measures to bring greater diversity to their predominantly white male profession during a high-profile event at the White House.

This Israeli acquisition could make tracking suspects at airports that much easier

GeekTime--Boston’s Battery Ventures acquires smart surveillance solutions NICE Systems’ PSBU for up to $100 million: Here are its applications

How big data is transforming real estate

CNBC--Assessing a storm's damage to a house; responding to a prospective buyer's concerns about a property; designing offices that suit the needs of its tenants—all are key tasks of the real estate business that are rapidly being made faster and less expensive as the industry adopts lessons from technology, lessons that have already dramatically changed industries such as finance and health care.

Israel’s Nice Systems sells video surveillance unit for $100 mln

Reuters--Israeli software provider Nice Systems is selling its video surveillance technologies unit to private equity firm Battery Ventures for up to $100 million, its second divestment in three months as it focuses more on its analytics business.

Press Release: Battery Ventures Acquires Nice Systems’ Physical Security Business Unit for Up to $100 Million

MarketWired--Battery Ventures, a global technology investment firm, has reached an agreement to acquire the Physical Security Business Unit (PSBU), part of the security division of publicly listed NICE Systems, in a transaction valued at up to $100 million. Under the deal, PSBU, which provides video- management, video-analytics and situation-management solutions, will be spun out into an independently operating business.

Rising Star: True Grit Helps Battery’s Chelsea Stoner Land Deals Far From Silicon Valley

Private Equity Analyst--The pioneer spirit runs in Chelsea Stoner's blood. The first female partner at Battery Ventures credits her career success partly to traits passed down through her family, starting with her great-grandparents. The pair first settled in Montana as homesteaders in the early 1900s.

Have A Hot Technology Start-up Today? Thank Comrade Gorbachev — And Liberty

Forbes-- It has now been 25 years since Mikhail Gorbachev, with his Soviet Union crumbling, decided to open the emigration gates and allow 1.6 million Jews to leave for Israel, Germany and the United States.

Don’t Just Ask Investors For Money, Ask For Advice: Lessons From 5 Top Fintech VCs

Forbes--There were more than 12,000 financial technology startups worldwide at the end of 2014, according toMcKinsey & Co., and the sector is still booming.

‘Container’ Software Is at Center of DockerCon

The Wall Street Journal--The hottest technology in Silicon Valley isn’t from Uber Technologies Inc. or Instagram. It is from a startup called Docker Inc. that is charming the coders behind the world’s websites and apps.