133 Views

Fandango agrees to buy MOVIECLIPS from VC-backed ZEFR

Fandango has inked an agreement to acquire MOVIECLIPS from ZEFR. No financial terms were disclosed. MOVIECLIPS is a YouTube network that encompasses a catalog of film clips, trailers and videos. Headquartered in Venice, Calif., ZEFR is a platform that builds social marketing and rights management software for online video. Its backers include Institutional Venture Partners, U.S. Venture Partners, Shasta Ventures, First Round Capital and Richmond Park Partners.

04222014SanFranciscocablecar

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.

115 Views

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.

168 Views

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.

130 Views

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.

1stPlaceSanFranciscoCableCars
132 Views

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.

147 Views

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.

pcgavel

Permira to take controlling stake in LegalZoom.com – Reuters

Jan 6 (Reuters) – Private equity fund manager Permira Advisers LLC is planning to take a controlling stake in LegalZoom.com, a provider of online legal documents that was going to go public, according to people familiar with the matter, affiliated news service Reuters reported.

Wedding Spot raises seed financing

Wedding Spot, an online site to help future brides and grooms search, price, and compare wedding venues, has raised $225,000 in seed funding. Investors include Internet veterans Erik Blachford (former CEO of Expedia), Eric Liaw (Institutional Venture Partners), and David Rodnitzky (Founder & CEO of 3Q Digital).

190 Views

The Honest Company, co-founded by Jessica Alba, raises $25 mln

The Honest Company, which operates site to sell natural, non-toxic products, has raised a $25 million round that was led by Institutional Venture Partners. ICONIQ Capital and existing investors Lightspeed Venture Partners and General Catalyst Partners also participated in the round. The Los Angeles-based company, co-founded by actress Jessica Alba, has now raised $52 million in financing.

PEHUB Community

Join the 12503 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

PE HUB News Briefs

RSS Feed Widget

Marketplace

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget