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.
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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.
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.
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
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.
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 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 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.
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.