Corporate giant Trend Micro launches $100 mln venture fund

Cyber security provider Trend Micro announced it has setup a $100 million venture fund to invest in Internet of Things and other emerging technologies. In addition to providing startup capital, the venture arm will also offer companies access to its threat intelligence, strategic alliances and its access to more than 28,000 partners.

On the Bleeding Edge, venture capital, Justin Caldbeck, Matt Mazzeo, Binary Capital, sexual harassment

On the Bleeding Edge: Binary Capital’s Caldbeck is latest to spotlight Bro Culture

The fallout continues in the wake of last week’s article from Reed Albergotti of the Information in which six tech-industry women spoke out to say that they faced unwanted and inappropriate sexual advances from venture capitalist Justin Caldbeck while discussing business. Caldbeck, who previously was with Bain Capital Ventures and Lightspeed Venture Partners before co-founding San […]

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NEA closes mega fund with $3.3 bln

New Enterprise Associates has raised $3.3 billion in commitments for its 16th fund, which the firm has already begun investing. The pool is the firm’s fifth fund of $2 billion or more and it is also the largest ever vehicle raised by the venture fund. Two years ago, NEA raised $2.8 billion for Fund 15 along with a $350 million opportunity fund.

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FinalPrice rings up $4 mln from investors

Los Angeles-based FinalPrice, a provider of a subscription-based travel app, announced its official launch and that it has raised $4 million in funding from Almaz Capital, Sistema VC (the venture arm of Russian holding company Sistema) and other investors. As part of the funding announcement, Pavel Bogdanov, general partner at Almaz Capital, has joined the board.

Common Networks internet services currently is only available in Alameda, California for $50 a month. Photo courtesy of Common Networks.
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Common Networks, uncommon deal for Lux, happened quickly: Quintini

At first glance, Common Networks does not seem like a typical deal for Lux Capital. While Lux invests in robotics, drones, driverless cars, 3D technologies, VR, AR and related scientific technologies, Common Networks is the San Francisco developer of software-driven wireless internet. The company said today it raised $7 million in Series A funding from […]

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Eclipse, Lux lead Series A funding for Common Networks

San Francisco-based Common Networks, a provider of high-speed wireless internet service, announced it has raised $7 million in Series A funding from Eclipse Ventures and Lux Capital. The company, founded in in 2016, previously raised $2.3 million in seed-stage funding from Eclipse and a number of individual investors.

500 Startups, Japan, venture capital, James Riney, Yohei Sawayama

500 Startups raises $35 mln for oversubscribed Japan fund

500 Startups wrapped up its inaugural Japan fund with more than $35 million in commitments, 17 percent more than the $30 million that it was targeting. Among the LPs is Cool Japan Fund, a public-private partnership fund founded in 2013 in Japan to promote the country’s products and services overseas. “The companies in Japan we invest […]

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Self-storage provider Clutter raises $64 in Atomico-led round

Culver City, California-based Clutter, a provider of on demand self-storage services, announced it has raised $64 million in a Series C round of funding. Atomico led the round, which included participation from existing investor Sequoia Capital and new investors GV (formerly Google Ventures) and Fifth Wall. The company previously raised about $32 million in funding.

On the Bleeding Edge, venture capital, Justin Caldbeck, Matt Mazzeo, Binary Capital, sexual harassment
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On the Bleeding Edge: Dixon Doll on making an Impact; VCs focus on Kalanick and Comey …

I caught up recently with the VC veteran Dixon Doll, co-founder and general partner of Impact Venture Capital, an early-stage venture firm with offices in Burlingame and Sacramento, California. … The firm quietly launched in May with two announced investments, Cornami and Nightingale Security, and Doll says he expects the four to six angel investments he […]

VC Bioengineering
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CRV adds Dylan Morris to its growing bioengineering practice

CRV has added Dylan Morris as a general partner to help build out its bioengineering practice. Morris was most recently on the investment team at Innovation Endeavors, which he joined two years ago. Previously, he co-founded Integrated Plasmonics, a developer of biochemical sensing technology. He is working out of CRVs new office in Palo Alto, California. […]

Fifth Wall adds EIR

Venice, California-based Fifth Wall Ventures, which in May raised $212 million to invest in real estate technology, announced it has added Landon Tucker as its first entrepreneur-in-residence. Previously, Tucker was a senior analyst at Trian Fund Management, the firm said in a Medium blog post.

venture capital, public relations, 500 Startups, Kelsey Cullen
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500 Startups PR director launches her own communications startup

The bug to start up a business afflicts many people in Silicon Valley, including those in communications. The latest PR person to hang out a shingle is Kelsey Cullen, who has been PR director at 500 Startups for the past two years, heading up the firm’s global communications strategy. Cullen, 29, said she has launched her own […]

On the Bleeding Edge, venture capital, Justin Caldbeck, Matt Mazzeo, Binary Capital, sexual harassment

On the Bleeding Edge: ICOs and Foundation Capital’s summer party

I can’t seem to go anywhere these days without bumping into an investor who wants to talk about initial coin offerings. Everyone has an opinion about its impact on VC. The biggest question I am most often asked: “Will the SEC get involved?” … The latest ICO to generate big bucks and lots of discussion […]

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OpenView seeks $250 mln for fifth fund

Boston-based OpenView Venture Partners, an expansion-stage investor which has backed Mashery and ExactTarget, among others, has filed to raise $250 million for Fund V, according to a regulatory filing. The fund is the same size as Fund IV, which was raised in 2014, according to data from Thomson Reuters.

Fundraising Seeking Registration VC
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Funds in registration: 100 funds seeking more than $13 bln

New Enterprise Associates is leading the way when it comes to firms seeking funds, as the multistage firm continues its effort to raise $3 billion for its 16th main vehicle. But about 100 other funds are currently in the market, seeking to close on $10 billion in capital, according to a VCJ analysis of regulatory filings. […]

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StreamSets raises $20 mln

San Francisco-based StreamSets Inc, provider of an enterprise data management platform, said it has raised $20 million in Series B funding from Accel Partners, Battery Ventures and New Enterprise Associates. The company has now raised $33 million in total funding since its launch in 2015.