http://www.nasdaqprivatemarket.com/
Boston's largest VC & private equity firms W. Marc Bernsau No. 5, Battery Ventures: In June, Battery (along with 2010's No. 4 firm, HarbourVest Partners) co-led a $165 million investment in CSN Stores, a Boston-based e-tailer that is behind dozens of successful online home furnishings sites. The investment will fund CSN's effort to bring forth a new, centralized brand. Retail Reward Programs BancVue's innovative reward platforms are ready to launch — and deliver results. Proven to dramatically increase non-interest income, drive e-statement adoption, and attract younger, more loyal relationships. All BancVue innovations are supported by consulting, training, compliance guidelines, and technical support. Our Kasasa® suite introduces world-class branding that raises your visibility and delivers even greater results. REALChecking SystemSince 2004, BancVue's REALChecking system has helped over 700 community banks and credit unions achieve controlled growth through new relationships, more non-interest income, higher profitability, and increased retention. Our rewards program software is designed for efficiency on your end, and income on your bottom line.
The 5 biggest venture capital deals in Boston, this July Zafgen's obesity drug candidate is headed into Phase 2 trials, after the company brought down July's biggest round of venture capital financing for a Massachusetts firm, raising $33 million with Atlas Venture and Third Rock Ventures. Massachusetts companies raised $201.4 million in venture capital across 22 deals disclosed in July, according to a Business Journal tally. Though there were no blockbuster rounds, the month continued the steady pace of new equity financings for startups that characterized the first two quarters of the year. The second quarter saw the Bay State raise $1.3 billion in venture capital across 94 deals, according to Dow Jones VentureSource. It marked the strongest quarter for the state since at least 2007, prior to the recession. The total figure for venture capital funding for Massachusetts was likely higher in July since some rounds are not disclosed immediately, or at all.
Donate To Help Working The Poor In Latin America 517 N. Segoe Road, Suite 209, Madison, WI 53705(608) 257-7230info@wccn.org Every $1 you donate leverages $6 of investment. Highland Capital ID's Summer@Highland teams Venture firm Highland Capital Partners has kicked off its fourth Summer@Highland program by announcing the 10 university-affiliated startup teams selected to participate. Each team receives $15,000 along with free office space at the Cambridge Innovation Center, Highland’s summer office in the South of Market (SoMa) district of San Francisco, or at Highland’s Entrepreneur Center on Sand Hill Road in Menlo Park, Calif. The teams are given access to the Highland team, entrepreneurial mentors and other expert resources. Highland said that more than 225 university-affiliated startups applied for the program. The 10 teams include representatives from Babson College, Boston College, Boston University, University of California at Berkeley, Harvard University, University of Michigan, Northwestern University, University of Pennsylvania and Stanford University. Participating startups as described by Highland are:
The bizarre case of Oak Investment Partners The venture capital industry is in a lot of pain, saddled with so much money, it can’t invest it properly. With the Internet boom over, and investors pulling back from supporting venture capital firms, we’ll see a lot of the mediocre VC firms finally die (see our list of the walking dead). Which brings me to Oak Investment Partners. Almost three years ago, I wrote how Oak Investment Partners had become the largest venture capital firm. Despite a very mediocre track record — it hadn’t made real money for its investors for years — the firm managed to raise $2.56 billion from investors.
More U.S. companies eye IPOs in foreign markets Kyle Alspach, Boston Business Journal Companies seeking to go public, such as Lexington-based GI Dynamics Inc., increasingly looked to overseas markets in the third quarter as volatility in the U.S. stock market became the norm. Five of the 10 U.S. venture-backed companies that completed initial public offerings in the quarter did so on foreign exchanges, Dow Jones VentureSource reported on Monday. That’s compared to the first half of the year, when 25 U.S. companies completed IPOs — all of them on U.S. exchanges. Among the companies looking outside the U.S. was GI Dynamics, a developer of treatments for Type 2 Diabetes and obesity. The company, backed by venture capital firms including Advanced Technology Ventures of Waltham, raised approximately $85 million from its IPO in Australia this month.
Pallotta's Raptor Ventures makes first venture capital investment The Raptor venture capital fund's first investment is a Florida firm that places advertisements at airport security checkpoints. New Boston-based venture capital fund Raptor Ventures has announced its first investment, into a Florida-based company that places advertising at airport security checkpoints. The size of the round for SecurityPoint Media, which provides trays and carts to the checkpoints that feature display advertisements, was not disclosed. The company is operating at 30 U.S. airports, according to the funding announcement. The Business Journal reported in September that Raptor Ventures had launched inside Boston hedge fund Raptor Capital Management, targeting a $75 million fund raise.
Brown bill would let startups 'crowdfund' a round up to $1M Massachusetts Senator Scott Brown, who met with entrepreneurs at the Cambridge Innovation Center in June, is now looking to allow startups raise up to $1M through "crowdfunding." Boston entrepreneurs hunting for startup money may get a hand from a guy who knows how to scrape together some cash: Scott Brown. The Massachusetts senator said he plans to lead a Senate effort to legalize “crowdfunding” for startups. As you know, and probably don’t want to hear about again (too bad), Scott Brown once raised $1,000 for law school by posing for a Cosmo centerfold. He also did OK raising money on his Senate campaign. Crowdfunding, recently popularized by Kickstarter, holds that the masses on the web can come together to fund good projects that otherwise wouldn’t get off the ground.
Startup cash crunch? 2 Boston VC perspectives How big of a deal is the oncoming "cash crunch" expected to hit the startup scene? The discussion has been heating up for months. In a typical year, investors seed about 2,000 new startups in the U.S., according to venture capitalist Michael Greeley. But in the past year, he thinks it was more like 3,000 — and a "small minority of them will raise follow-on capital." “I think it’ll be quite extreme," said Greeley, general partner at Boston’s Flybridge Capital. Rob Go of Boston’s NextView Ventures generally agrees with the premise. Boston VC news in brief - DataXu, Wicked Good Angels Fund W. Marc Bernsau DataXu and its CEO, Mike Baker, announced a new digital marketing product for making use of Big Data. It’s all about the data, LinkedIn founder Reid Hoffman recently told the New York Times.
6 Google-backed startups in Boston (slideshow) Courtesy | Google Rich Miner, partner at Google Ventures in Cambridge, says West Coast tech titan Google can't ignore what's happening on the Massachusetts startup scene. Rich Miner says Boston hasn’t historically been thought of as a place where consumer-oriented tech startups blossom. Is venture debt the new venture capital? Tim O'Loughlin, director, Eastward Capital Entrepreneurs often get confused as to when to raise venture capital versus venture debt. Their confusion is understandable as the terms of venture debt and venture capital converge at the margin and misconceptions abound. Equity is permanent and debt must be repaid, right? The primary difference between venture debt and venture capital is that debt must be repaid. VCs are also very interested in getting their capital back plus a profit.