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Industry Ventures Raising $100M VC Fund-of-Funds

Posted on: June 13, 2013 by Connie LoizosNo Comments »

Almost a year after closing on a $65 million fund-of-funds that focuses on small and mid-size early-stage venture capital funds, San Francisco-based Industry Ventures is in the market again, according to a regulatory filing – this time for a $100 million fund of funds.

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

Posted on: May 1, 2013 by mbosletNo 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.

Harvest Power Raises Additional $15 Million in Series C Financing

Posted on: July 19, 2012 by Connie LoizosNo Comments »

Four-year-old Harvest Power, a Waltham, Mass.-based company that produces renewable energy and soils, mulches and natural fertilizers raised, has raised a $15 million extension to its $110 million Series C financing. The newest funds come for Tur Partners and Industry Ventures. True North Venture Partners led the initial round, alongside existing investors that include Kleiner Perkins [...]

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LifeLock Closes Acquisition And $100M Round From Kleiner, IVP, Bessemer, Others

Posted on: March 14, 2012 by mbosletNo Comments »

LifeLock, Inc. said it completed its acquisition of ID Analytics and raised more than $100 million in preferred equity to pay for the deal. The list of participating investors reads like a who’s who of the venture business. Included were Bessemer Venture Partners, Goldman, Sachs & Co., Kleiner Perkins Caufield & Byers, Symantec Corporation, River [...]

Fundraising Gets Even Slower for Funds-of-Funds: CORRECTED

Posted on: August 16, 2011 by Lawrence J. Aragon7 Comments »

It is looking more and more likely that U.S.-based funds-of-funds will raise far less than they did last year, which itself was down from 2009. For all of 2010, 59 funds-of-funds raised $14.11 billion, down from 62 FoFs that raised $24.1 billion in 2009, according to Thomson Reuters. So far this year, 52 FoFs have [...]

Slideshow: Top 10 Largest VC Fundraisings for Q2

Posted on: July 13, 2011 by Lawrence J. AragonNo Comments »

It’s like a jungle sometimes,
It makes me wonder
How I keep from going under.
–Grandmaster Flash

Raising a venture fund is proving to be increasingly difficult. As my colleague Connie Loizos reported on Monday a paltry 37 VC funds were raised in the second quarter. That was the smallest quarterly number in 16 years.

But, as evidenced by funds raised in Q2, you can still raise capital if you can show LPs a track record of returns or offer a differentiated strategy. Of the 10 funds that raised the most capital in the second quarter, four are focused on China and India, markets that have produced big exits in the past couple of years; three are follow-on vehicles for successful funds; one is a new fund raised by VCs with solid track records; one targets the booming market for Android-based applications; and one buys distressed VC portfolios on the secondary market, where there are still plenty of deals to be had.

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by cnolan

Industry Ventures Closes $400M Secondary Fund

Posted on: July 11, 2011 by cnolanNo Comments »

Industry Ventures has closed Industry Ventures Fund VI, a $400 million secondary fund focused on providing liquidity alternatives for venture capital and technology growth equity investments. The firm also announced that it has recently closed a $155 million special opportunities fund. Industry Ventures is based in San Francisco, with offices in Washington D.C. The firm was founded in 2000. Capstone Partners acted as placement agent for Fund VI.

Job Moves: Kleiner Lures Huang from Vivo, CalPERS Gets Real, Founders Fund CFO Moves On, More

Posted on: June 3, 2011 by Joanna GlasnerNo Comments »

In this week’s installment of Job Moves, we look at Kleiner Perkins’ latest hire and the firm he left; a key private equity appointment for the nation’s largest pension fund; a new fund for two former Insight GPs; a Brazilian expansion; and another very large pension fund that looks to be hiring.

KP HIRES HUANG FROM VIVO

Just a few days after Vivo Ventures announced the promotion of a partner to head its China operations, Kleiner Perkins Caufield & Byers announced that it has hired former Vivo partner James Huang to advise on life science investments as a partner in its Shanghai office.

Huang was a managing partner at Vivo and, previously,

May Appointed CFO, COO of Industry Ventures

Posted on: June 1, 2011 by Luisa BeltranNo Comments »

Robert May has been appointed CFO and Chief Compliance officer of Industry Ventures. May was most recently a venture partner at Standish Management but was previously the CFO at Founders Fund and at Thomas Weisel Venture Partners. Also, Jay Ganatra has joined Industry Ventures as an associate working on secondary direct investment transactions.

Slideshow: Top 10 Largest VC Funds Raised in Q1

Posted on: April 4, 2011 by Lawrence J. Aragon1 Comment »

As we reported earlier today, VC fundraising roared back in Q1, with U.S. VC funds raising their largest amount since the third quarter of 2008. Bessemer Venture Partners led the pack, raising a monster fund of $1.6 billion. Who else is in the top 10? Click through to check out our slideshow.