Aspen Aerogels, Inc. said it raised $22.5 million in a convertible note financing and has decided not to pursue an initial public offering. The company said it will withdraw its S-1 registration statement.The new […]

SAP Ventures has more than doubled the size of its HANA fund of fund and expects to shortly close a second venture capital fund larger than its first.

The dual moves represent a substantial expansion of its […]

Apptio said it raised a $45 million Series E round of funding led by Janus Capital, the Hillman Company and an unnamed institutional investor. The round was joined by existing investors Andreessen Horowitz, […]

Updater said it raised about $5 million in a Series A round led by SoftBank Capital and IA Ventures. The company did not disclose its other investors. It said the money would be used to hired, expand technology […]

Atlantis Computing said it raised $20 million in a Series D round of funding led by Adams Street Partners and joined by existing investors Cisco Systems, El Dorado Ventures and Partech International. The company […]

Acacia Communications said it raised $20 million in a round led by Summit Partners and joined by existing investors Matrix Partners , Commonwealth Capital Ventures and Egan Managed Capital. Summit Partners […]

Omidyar Network said Mike Kubzansky has joined the philanthropic firm in the newly created role of vice president, intellectual capital. Kubzansky will be based in Washington D.C. and lead efforts to analyze […]

Foley & Lardner LLP said it raised $2.6 million for Foley Ventures Fund II, a venture capital fund that invests in or with its clients. The law firm has now raised $6.6 million between its first and second funds […]

HipLogiq said it raised $5 million in Series A deal with the majority of capital coming from Hadron Global Partners, a division of Carriage House Partners and RLB Holdings.

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Marketing Software […]

Matrix Partners said its raised a $450 million tenth fund with a focus on early stage technology investing.

The Boston-based firm with offices in Silicon Valley, China and India said the fund is its third […]

LiquidSpace said it raised $1.3 million as a follow-on to a $6 million Series B round completed earlier this year. The funding comes from two new strategic investors, Steelcase and CBRE Group, Inc. In January the […]

PerspecSys Inc. said it raised $12 million in a deal co-led by Paladin Capital Group and Ascent Venture Partners, and joined by existing investor Intel Capital and other institutional investors. The company has […]

Allegis Capital has begun raising a special opportunities fund, according to a filing with the Securities and Exchange Commission. The firm did not offer a target size for Allegis Special Opportunities Fund or […]

eFuneral said it raised $250,000 from nonprofit venture outfit JumpStart Inc. The eFuneral’s website lets consumers compare funeral home prices and reviews.

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JumpStart Invests $250,000 in […]

HealthTap said it raised $24 million of Series B financing in a deal led by Khosla Ventures and joined by existing investors Mayfield Fund and Mohr Davidow Ventures. Keith Rabois will join HealthTap’s board, and […]

Google Ventures has added Ken Norton as a partner at its Startup Lab. Norton announced the news on Twitter. The new hire also was noted on The Next Web. Norton was a group product manager at parent company […]

Venture capital is a numbers game. Increase the percentage of your companies that experience exciting growth and business plan progress and your portfolio does well.

Increase the number of investments that […]

Menlo Ventures has added Avery More as a venture partner and Alex Gorelik as an EIR, according to a blog post. More will source enterprise deals at the firm, and Gorelik will incubate a company and offer advice on […]