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MessageMe Raises $10M From Greylock, Others

Posted on: May 21, 2013 by Mark BosletNo Comments »

MessageMe said it raised $10 million in a deal led by Greylock Partners. The round was joined by previous investors, the company said in a blog post. The company received a seed investment in March from True Ventures, First Round Capital, Google Ventures, SV Angel, Resolut.vc, Andreessen Horowitz, Greylock and The Social+Capital Partnership. The company had previously received angel money.

High-Profile VCs Caught up in Bitcoin Mania

Posted on: May 17, 2013 by Lawrence J. Aragon3 Comments »

Just since April, notable firms such as Andreessen Horowitz, Founders Fund, Google Ventures and Union Square Ventures have invested $9 million in three bitcoin-related companies: BitPay, CoinBase and OpenCoin.

IDG Capital Partners and Google Ventures Back OpenCoin

Posted on: May 15, 2013 by asormaniNo Comments »

OpenCoin has closed an additional round of angel funding from investors Google Ventures and China-based IDG Capital Partners. OpenCoin is developing the Ripple protocol, an open source payments system and a math-based virtual currency that together power the world’s first distributed currency exchange.

peHUB First Read

Posted on: May 15, 2013 by asormaniNo Comments »

This Wednesday morning read all about China’s SeedAsia that is open for business; Google Ventures’ investment in OpenCoin and the appeal of the last mile start-up accelerator.

RelayRides Acquires Wheelz

Posted on: May 14, 2013 by asormaniNo Comments »

Car sharing marketplace RelayRides has acquired car sharing platform Wheelz. RelayRides has raised more than $13 million in venture capital funding from investors including Google Ventures, August Capital, Shasta Ventures and General Motors Ventures.

10 Hot Stories this Week: Kleiner Attempts Combeback, I-Banks Slowly Add Staff, Carlyle and Goldman Are Hiring

Posted on: May 10, 2013 by Lawrence J. AragonNo Comments »

Trending on peHUB this week: Carlyle, Goldman Sachs, Kleiner Perkins, TPG, Advent Software, Google Ventures, CrunchFund, GRP, Velos Partners, corporate VC, Bain, BMC, Antero Resources, Warburg.

Ken Norton Joins Google’s Startup Lab

Posted on: May 7, 2013 by Mark BosletNo Comments »

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 Google.

Google Ventures Hires MG Siegler Away from Arrington’s CrunchFund

Posted on: May 6, 2013 by Connie LoizosNo Comments »

Google Ventures has hired away MG Siegler from CrunchFund, a seed and early stage fund Siegler helped launch with famed tech blogger Michael Arrington less than two years ago.

On Deck Raises $17M From Google Ventures, Peter Thiel, Industry Ventures

Posted on: May 1, 2013 by Mark BosletNo Comments »

On Deck said it raised $17 million as an expansion of its Series D financing in a deal led by Google Ventures and joined by PayPal co-founder Peter Thiel and Industry Ventures. The Series D now totals $59 million, with $42 million having closed in February. The first tranche of Series D financing was led by Institutional Venture Partners and joined by RRE Ventures, SAP Ventures and First Round Capital.

How VCs Can Make a Real Difference in Startup Success (Part 2 of 2)

Posted on: April 25, 2013 by David Teten1 Comment »

In Part 2 of a two-part series, David Teten of ff Venture Capital and his research partners discuss three common categories of VCs in terms of attitude and practices towards investing and portfolio company support: Financiers, Mentors and Portfolio Operators.