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33Across Bulks Up with Tynt Purchase

Posted on: January 25, 2012 by Lawrence J. Aragon1 Comment »

Venture-backed behavioral advertising company 33Across Inc. announced this morning that it has acquired VC-backed Tynt Multimedia Inc. for an undisclosed amount. It isn’t clear if Tynt’s VCs made a profit on the sale. The company, which develops solutions to track user behavior on websites, has raised $8.3 million in venture capital since 2008, according to Thomson Reuters (publisher [...]

10gen Closes on $20M

Posted on: September 12, 2011 by Clancy NolanNo Comments »

10gen, a start-up developing open-source software for the database MongoDB, has closed on $20 million in financing led by Sequoia Capital. Existing investors Flybridge Capital and Union Square Ventures also participated in the round. The money will use the funds for expansion of customer service and research and development in Europe and Asia, and the addition of new offices in Ireland and the United Kingdom.

Can VCs Be Value Investors?

Posted on: October 6, 2010 by Jeff Bussgang9 Comments »

“Security Analysis” is cited by Warren Buffett as one of his top four favorite and most influential books. Written by Columbia University Professors Benjamin Graham and David Dodd, it was first published in 1934. The book is a thick tome that articulates the thesis of value investing—the analytical techniques for valuing securities and seeking to [...]

Who Will Champion Entrepreneurship?

Posted on: September 3, 2010 by Jeff Bussgang9 Comments »

I love Jackson Hole, Wyo. It is one of the most extraordinarily beautiful settings in the world. One cannot help being in a good mood when observing the breathtaking wildlife, open sky and the awe-inspiring Grand Tetons. Thus, reading the reports from last weekend’s annual economist confab in Jackson Hole could not have been more [...]

SaveWave Spins Out from Upromise, Raises $2.3 Million

Posted on: August 19, 2010 by PEHub AdministratorNo Comments »

SaveWave, a Belmont, Mass.-based provider of digital promotion, distribution and rewards solutions, has raised $2.3 million in Series A funding. Flybridge Capital Partners and First Round Capital co-led the round, and were joined by Founder Collective, IA Capital and angel investors like Ron Conway and Michael Bronner. The company is a spinout from Upromise (now owned by Sallie Mae), and will continue to manage Upromise’s grocery operations.

Photo of the Day: VC Alter Egos

Posted on: August 2, 2010 by Dan Primack2 Comments »

Flybridge Capital Partners spent the past weekend in Kenebunkport, for its annual Catch the Wave event with other area VCs, entrepreneurs and family members. Yours truly maintained a sterling record of promising to attend, and then not (I really do mean it at the time, however).

The weekend’s highlight is always the Saturday night costume party, and this year’s theme was “alter egos.” Below is a shot of the Flybridge team: (from left to right) Chip Hazard, Jon Karlen, Matt Witheiler, Michael Greeley, David Aronoff and Jeff Bussgang.

Flybridge Capital Promotes Matt Witheiler

Posted on: July 15, 2010 by PEHub AdministratorNo Comments »

Flybridge Capital Partners has promoted Matt Witheiler from senior associate to principal. He joined the firm two years ago, and sits on the board of The Capital Network.

From The Classroom to the Board Room: VC Office Hours Take Hold

Posted on: December 1, 2009 by Dan Primack3 Comments »

Next Wednesday, Chip Hazard of Boston-based Flybridge Capital Partners will hold office hours for local entrepreneurs. His partner David Aranoff will follow suit the following week, after all of Hazard’s available slots got scooped up.

In the interim, three Boston-based partners with Siemens Venture Capital will hold office hours of their own. So will Rob Go, a senior associate with Spark Capital. Even local tech journalist Scott Kirsner has gotten in on the act, “selling out” a series of recent one-on-ones at a Cambridge sandwich shop.

In each case, the idea is to meet with local entrepreneurs that may be otherwise unable to get facetime with professional VCs. The investor typically schedules the meetings (thus leading to some pre-screening), but the subject matter is at the entrepreneur’s choosing.

Nate Westheimer Joins Flybridge Capital Partners

Posted on: November 19, 2009 by PEHub AdministratorNo Comments »

Nate Westheimer has joined Flybridge Capital Partners as an advisor, while continuing to serve as co-founder and executive vice president of product and technology at AnyClip. Prior to AnyClip, Westheimer was an entrepreneur-in-residence withRose Tech Ventures.

MongoDB Developer 10gen Raises $3.4 Million

Posted on: November 3, 2009 by PEHub Administrator1 Comment »

10gen, a New York-based developer of an open-source, non-relational database called MongoDB, has raised $3.4 million in Series B funding. Flybridge Capital Partners led the round, and was joined by return backer Union Square Ventures.