Bridgelux, hoping to leapfrog competitors in the LED lighting business, is pioneering a new technology for LED chip making and betting the company on its success. The company that has received $296 million in venture funding took another step toward that goal by announcing a key deal with its new technology partner Toshiba

AHAlife.com said it raised $10.1 million in Series B funding in a deal led by Japanese e-commerce company Rakuten. Existing investors DCM and FirstMark Capital also participated. The company, which operates an e-commerce site for luxury goods, has now raised a total of $19.1 million. PRESS RELEASE AHAlife.com Raises $10.1m Series B Round From Japan-based [...]

Existing investors Battery Ventures, DCM and Globespan Capital Partners invested $20 million in Amalfi Semiconductor, a maker of power amplification solutions for cellular handsets. Amalfi is based in Los Gatos, California. PRESS RELEASE: LOS GATOS, CA, Apr 24, 2012 — Amalfi(R) Semiconductor, an emerging leader in cost effective, high performance power amplifier solutions for cellular [...]

Like many LPs, the Indiana Public Retirement System pulled back on its venture investments when the global crisis up ended financial markets in 2009 and 2010. But not as much as you might think.

Venture capitalist Kate Mitchell has scored a coveted invitation to President Obama’s signing of the JOBS Act, tentatively scheduled for this Thursday. Mitchell is co-founder of Scale Venture Partners and was chairman of the 17-member IPO Task Force that drafted the recommendations that went into the JOBS Act.

With the memory of the stock market bust just beginning to fade, the INPRS stepped up venture investing in 2005, matched the pace in 2006 and maintained a steady clip of fund sign-ups through 2009, according to a peHUB analysis of its recent private equity portfolio report.

They could’ve named it fukubukuro. Fortunately for everyone, they didn’t. And now the executives of LittleBlackBag.com have more than their good name to work with: GRP Partners has led a $2.75 million Series A round in the personalized shopping site that lets users shop for themselves and also shops for them, as well. LittleBlackBag, which [...]

Bill payment and online invoicing company Bill.com has added $15.5 million in Series D financing. New investor Financial Partners Fund, a unit of Citi Capital Advisors, participated in the round, as did existing investors DCM, Emergence Capital Partners, August Capital, Jafco Ventures and Total Technology Ventures. The company is based in Palo Alto, Calif., and will use the money to expand operations, continue product development and for marketing efforts.

As a venture capitalist with a long list of contacts in Silicon Valley and Tokyo, Gen Isayama is accustomed to introducing startups to strategic partners on opposite sides of the Pacific Ocean. Never before, however, has he gotten so many requests to do so. Isayama, a partner at DCM, tells Joanna Glasner of Venture Capital [...]

Online video company Ustream has secured $6 million backing from investors DCM and Softbank. This investment is in addition to Korea Telecom’s $10M million investment to establish a second Asian joint venture in Seoul. PRESS RELEASE Over the past four years, Ustream, Inc. has grown to become the world leader in online video with more [...]