Venture fundraising remains anemic in 3Q

Venture fundraising remained anemic in the third quarter with 56 funds raising $4.1 billion, according to a study released Monday. The dollar total was down 21% from the third quarter of last year and dollars committed during the first three quarters of the year are down 29%.

Greylock Names Andrew Johns As Growth Strategist In Residence

Greylock Partners named Andrew Johns as a growth strategist in residence. Johns in his new role will work with portfolio companies to build “durable user growth and engagement,” according to a blog post. His role will be to assist companies in establishing metrics, dashboards, new features and tests of engagement.

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