First read sunrise

peHUB First Read

Kick off Thursday morning with the latest on Cerberus’ new fund; Zombies taking advantage of PE’s weakness and Yahoo’s acquisition of to-do app maker Astrid.


Zynga & NewSchools Venture Back San Francisco Ed Tech Accelerator

Zynga and the NewSchools Venture Fund joined forces Wednesday to unveil an ed-tech accelerator aimed at assisting young companies developing games to help students learn., the game maker’s non-profit arm, said it plans to invest $1 million in the effort in its first year

Zynga Gets a New CIO

Today, Debra Chrapaty, appointed Zynga‘s chief information officer in 2011, announced that she has left the company to join cloud-stage startup Nirvanix as CEO. As a result, Zynga has appointed longtime employee Dorion Carroll as CIO of the company. Carroll joined Zynga in 2009 as CTO of the popular game “Mafia Wars.” He was later promoted to CTO of Zynga’s Shared Technology Group and in October 2011 made the CTO of Zynga’s mobile efforts. Before joining Zynga, Carroll was the VP of engineering at the blog search engine Technorati.

new dawn

peHUB First Read

This morning check out eight examples of companies ruined by their founders, what the future holds for 4G, Zynga’s plans to make more and spend less and how much Think Big has secured from angel investors.

First read sunrise

peHUB First Read

This morning’s First Read brings you the latest venture deals, what ten big brands have plummeted in value and a McKinsey report predicting more doom and gloom for world banking.

Foundry Group Raises $225M Third Fund

The firm closed its third fund, which at $225 million is exactly the same size as its second and first funds. Foundry Venture Capital 2012 will follow the same strategy as the earlier funds, also.

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