Felicis Ventures, the “super angel” fund founded by early-Google employee Aydin Senkut, has closed a $70 million round of funding that will be used to invest in technology startups including those in the mobile, health and education industries. In the...
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Photograph by Romeo Gacad/AFP/Getty Images
Indonesian staff wear 'Angry Birds' masks to promote the Angry Birds official Facebook launch at a mall in Jakarta in February.
Felicis Ventures Raises $70 Million to Find and Fund Next ‘Angry Birds’
Photograph by Image Source
The startup Donuts Inc. has raised more than $100 million to purchase and operate domain extensions.
Donuts Raises More Than $100M to Operate New Web Domains
A group of investors has bet more than $100 million on Donuts, a startup that’s aiming to make a lot of dough from the expansion of Web domain names beyond .net, .org and .com. The Bellevue, Washington-based company has applied...
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Photograph by Joe Corrigan/Getty Images for AOL
Dave Morin of Path spoke during the TechCrunch Disrupt conference in New York last year.
E-Mail From Path’s Dave Morin? You’ve Got Money
Last year, Dom Leca received an unexpected message. The French software developer was contacted by an investor from San Francisco who was eager to share his cash and ideas to improve Leca’s e-mail application, Sparrow. “I didn’t know Dave at...
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Photograph by David Paul Morris/Bloomberg
Bill Clerico, seen here in July 2011, is CEO of WePay, which just raised $10 million.
PayPal Rival WePay Raises $10M
Back in his days at Boston College, Bill Clerico knew how to stand out in a crowd. He did it by donning a costume of the school’s mascot, an eagle. Now as co-founder and CEO of WePay, one of many...
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Photograph by Hans Christer Ericson/Nordicphotos/Corbis
Benchmark Capital scored again after Intuit agreed to buy e-mail marketer Demandforce.
Benchmark Capital Scores With Instagram, Demandforce and IPOs
The hits keep coming for Benchmark Capital. Following Facebook’s $1 billion acquisition of Instagram earlier this month, the venture firm scored again today after Intuit agreed to buy e-mail marketer Demandforce for $423.5 million. Benchmark, the Silicon Valley firm that...
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Photograph by Jeffrey Coolidge
It's been a good quarter for Hercules Technology, which had four portfolio companies go public and another two get acquired.
Here’s One Way to Track and Play the Mini-Boom in IPOs
The IPO mini-boom that’s sweeping Silicon Valley means big bucks for the venture capital firms that made early bets on billion-dollar companies. How much money each firm is making is guesswork, because as private partnerships, the only people who see...
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Courtesy Tango
Tango's video calling service has grown to 45 million users since launching in 2010.
Tango Raises $40 Million to Vie With Skype in Video Calling
Tango, a startup that offers mobile video calling, has raised $40 million from investors including Qualcomm Ventures and Access Industries, the company said today in a release. The service, which lets users make video calls across Apple, Android and Windows...
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Courtesy Pebble Technology
Pebble's new watch is supposed to display messages from your smartphone.
Rejected By VCs, Pebble Watch Raises $3.8M on Kickstarter
When it comes to the road to success in Silicon Valley, Eric Migicovsky was definitely on the right path. His idea for creating a watch that can display messages from your smartphone was embraced by Y Combinator, the prestigious business...
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Photograph by Vibhu Norby/Everyme
Everyme CEO Oliver Cameron (left) with staff members Omid Mikhchi, Maurycy Wojtowicz and Cortland Klein.
China’s Giant Tencent Placing Bets on Small Silicon Valley Startups
The allure of Silicon Valley has aroused China’s largest Internet company to begin investing in some of America’s smallest ones. Tencent Holdings has funded about a half dozen young startups, many of them from prestigious business incubator Y Combinator, hoping...
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Photograph by Ramin Talaie/Bloomberg
Frank Quattrone (seen here at a conference in 2010) sparked a debate yesterday about who's to blame for the underwriting "duopoly."
In IPO ‘Duopoly,’ VCs Blame the CEOs Who Blame the VCs
It’s no secret in Silicon Valley that Morgan Stanley and Goldman Sachs get the hottest IPOs. From LinkedIn, Groupon and Zynga last year to Yelp and Facebook this year, it’s been a two-horse race. The irony is that startups and...
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