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Mashery Sale Looks Promising for First Round, Formative, OpenView, Others: Updated

Posted on: April 18, 2013 by Lawrence J. Aragon1 Comment »

Mashery’s sale to Intel for a reported $180 million-plus appears to be a good outcome for Mashery’s venture investors, including .406 Ventures, Cisco Systems, First Round Capital, Formative Ventures, OpenView Venture Partners and SoftTech VC.

Cendana Has Final Close On Institutional Seed Fund Of Funds

Posted on: March 29, 2013 by Mark Boslet1 Comment »

Cendana Capital announced the final close of a pair of seed-based fund of funds on Friday. The institutional seed investor now has raised $88.2 million and taken a position with nine investment partnerships. The final close announced Friday in a document filed with Securities and Exchange Commission was on $28.2 million raised by Cendana Capital L.P.

Vidyard Raises $6M From Omers, INovia, SoftTech

Posted on: March 21, 2013 by Mark BosletNo Comments »

Vidyard said it secured $6 million in Series A financing in a deal led by OMERS Ventures and joined by current investors iNovia Capital and SoftTech VC. The company is developing a video marketing platform.

TakeLessons Secures Financing

Posted on: February 4, 2013 by asormaniNo Comments »

TakeLessons, an online service marketplace for music lessons in the US, has secured a $4 million round of venture capital financing, bringing the total investment into the company to more than $12 million. Triangle Peak Partners led the round with participation from Siemer Ventures and existing investors Crosslink Capital and SoftTech VC.

Coterie Launches with Backing from SoftTech VC and Javelin Venture Partners

Posted on: September 24, 2012 by asormaniNo Comments »

Online retailer Coterie has launched. Based in San Francisco, California, Coterie is founded by Bare Escentuals, Sephora, Amazon, YSL and L’Oreal alum. The business is venture backed by SoftTech VC, Javelin Venture Partners and other angel investors focused on e-commerce.

YourMechanic Raises $1.8M From Y Combinator, Milner, Kutcher, SV Angel, Others

Posted on: September 11, 2012 by Mark BosletNo Comments »

YourMechanic said it raised $1.8 million in seed funding from investors including Y Combinator, Yuri Milner, Ashton Kutcher, SV Angel, CrunchFund and SoftTechVC. The Mountain View, Calif., company is developing a mobile car repair service. PRESS RELEASE YourMechanic Launches to Bring the Mechanic To You Company Announces $1.8 Million in Seed Funding (San Francisco, CA) [...]

Education Startup Top Hat Monocle Scores $8M in Series A Funding

Posted on: July 18, 2012 by Alastair GoldfisherNo Comments »

Top Hat Monocle has raised $8 million in Series A funding in a round led by Emergence Capital Partners and iNovia Capital, along with SoftTech VC, Version One Ventures (the new fund of Boris Wertz) and Golden Venture Partners. The Toronto-based education company, which has an office in San Francisco, raised $1.5 million in seed stage [...]

A Perfect Fit for True&Co?

Posted on: May 31, 2012 by asormaniNo Comments »

True&Co, an online intimates retailer has secured $2 million in first round funding from top investors, including First Round Capital, SoftTech VC, Aileen Lee, Softbank Capital and former LinkedIn executive Ellen Levy. The company has also just unveiled a service to fit women into the perfect bra online with no measuring tape. PRESS RELEASE Two [...]

Gamification is Serious Business

Posted on: May 4, 2012 by Alastair GoldfisherNo Comments »

The latest buzzword to take hold is gamification, and a panel of VCs anticipate more startups will incporate gamifications features.

Clavier’s SoftTech VC Unveils A $55M Third Fund And With It A Push For Bigger Company Stakes

Posted on: January 26, 2012 by Mark Boslet1 Comment »

Jeff Clavier has closed a $55 million third fund that will enable his seed-stage firm, SoftTech VC, to make bigger bets on portfolio companies and reap bigger rewards. Clavier, the firm’s founder and managing partner, said the fund was oversubscribed and has invested in 23 companies so far with money from its first and second [...]