Tim Draper, After Founding “Draper University,” Announces Heidi Roizen Scholarship

Earlier this month, venture capitalist Tim Draper announced he was launching “Draper University,” a boarding school for entrepreneurs aged 18 to 26, who will come to San Mateo for one of the school’s four eight-week-long sessions each year. Now, Draper University has announced a Heidi Roizen scholarship for female applicants. Roizen, a longtime venture capitalist and former Stanford classmate of Draper, will fund the scholarships. The “university” opens its doors April 17.

Guanxi.me Secures Series A Funding from SingTel Innov8

Guanxi, a Cayman-based mobile social network services startup, has closed on an undiscloed amount of Series A funding led by SingTel Innov8 and venture capitalist Tim Draper. Guanxi recently completed its spin-off from mInfo, a Chinese mobile search and marketing provider.

Rounds Adds $3M from Verizon, Rhodium, Tim Draper

San Francisco-based startup Rounds has added $3 million in financing to expand its interactive “live hangout” platform. Verizon Investments Inc. led the round, with additional funding from Rhodium and Draper Fisher Jurvetson founder Tim Draper.

Tim Draper Backs Clearbridge Accelerator

Tim Draper, the founder and a managing director of venture firm Draper Fisher Jurvetson, has invested in Clearbridge Accelerator, the Singapore incubation arm of Asian venture firm Clearbridge Partners. The incubator works with local and overseas research institutions to commercialize various technologies in sectors including biomedical devices, nanotechnology, advanced material sciences and computational algorithms, the company said. Terms of the investment were not released.

Xpert Financial to Investors: Our Companies Are Ready for You Now

Late last year, the alternative trading platform Xpert Financial made much of its approval from the SEC and FINRA to automate the business of providing liquidity to startups. It kind of had to. It had entered into direct competition with SecondMarket and Sharespost, both now 800-pound gorillas in the world of private placements. At the […]

TOA Technologies Adds $17.2M Series D

TOA Technologies, a provider of mobile workforce management software for businesses, has closed on $17.2 million in Series D financing. Sutter Hill Ventures led the round, which includes existing investors Intel Capital and Draper Triangle Ventures. Additional new shareholders include Draper Fisher Jurvetson founder Tim Draper and Fort Washington Capital Partners Group. Andy Sheehan, a managing director at Sutter Hill Ventures, will join the company’s board. TOA Technologies is based in Cleveland.

Facebook Shareholders Head for the Exits

(Reuters) – A group of Facebook shareholders is seeking to offload $1 billion worth of shares on the secondary market, a sale that would value the company at more than $70 billion, according to five sources with direct knowledge of the situation. It would represent one of the largest transactions of Facebook shares to date […]

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