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Fund performance: Technology Partners, TCV, Weston Presidio see gains: VCJ

Institutional Venture Partners and Landmark Partners hold the top positions in the San Francisco Employees’ Retirement System’s mid decade venture portfolio, affiliate publication Venture Capital Journal reports. But funds from Weston Presidio, Technology Partners and Technology Crossover Ventures were the most improved through the middle of last year.

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VC-backed OnDeck hires new SVP of technology

OnDeck has hired Pamela Rice as senior vice president of technology. Previously, Rice worked at PayPal. Headquartered in New York City, OnDeck, which is backed by Google Ventures, SAP Ventures, RRE Ventures, Tiger Global and Institutional Venture Partners, is a small business lender.

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VC-backed music app Shazam scores $20 mln

According to a company spokesperson, music app developer Shazam has raised $20 million from a consortium of private investors. As a result of this new investment, Shazam’s valuation has increased to approximately $500 million. Shazam’s backers include Kleiner Perkins Caufield & Byers, Institutional Venture Partners, DN Capital and Acacia Capital Partners.

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IVP leads Series C round for General Assembly

According to a blog post on its site, General Assembly has closed $35 million in Series C funding. Institutional Venture Partners led the round with participation from investors that included GSV Capital, Rethink Education and Western Technology Investment. In addition to the funding, Todd Chaffee, general partner at IVP, will join General Assembly’s board. Based in New York City, General Assembly is a provider of educational programming and support. To read the details of the funding, visit here.

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IVP joins growing list of VCs with San Francisco offices

Institutional Venture Partners has joined a growing list of venture firms that have hung their shingles in San Francisco. “We’re seeing a ton of tech talent in the city, and if a venture firm is not set up to work with them here in San Francisco, then they’re at a disadvantage,” IVP General Partner Dennis Phelps told peHUB.

Klout reportedly acquired by Lithium for $100 mln

San Francisco-based Klout has reportedly been acquired for $100 million by Lithium Technologies. The companies have not yet announced a deal, but online publications, including re/code reported last week that the deal is closed. Klout, which measures the influence of users on social media, has raised at least $40 million in known financing since it was founded in 2008.

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Spiceworks raises $57 mln led by Goldman Sachs – Reuters

Information technology network company Spiceworks has raised $57 million in venture capital funding led by Goldman Sachs. The Austin, Texas-based company has also secured funding in the past from Austin Ventures, Shasta Ventures, Institutional Venture Partners, Adams Street Partners, and Tenaya Capital.

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