VCJ Venture IPO Profiles

September IPO Profiles: Eventbrite, biotech highlight busy month

IPO activity spiked in September, as nine VC-backed companies went public on U.S. exchanges, compared with two the month before. The combined value of the September IPO proceeds rose eightfold to more than $2.1 billion from $260 million in August. In September, event-management and ticketing website Eventbrite raised about $265 million in its debut. The […]

VCJ Venture PVCI

Post Venture Capital Index falls back in September

The Thomson Reuters’ Post Venture Capital Index (PVCI) lost ground in September, compared with the previous month, continuing the up-and-down trend of the index this year. The PVCI lost 43 points to end September at 1255.78, a 3.3 drop from the of August when it stood at 1298.79. For the year, the PVCI has risen […]

venture capital, fundraising,

Monthly recap of VC fundraising activity through Oct. 17

U.S. Focused Funds Forerunner Ventures raised a $360 million fourth fund to continuing investing in early-stage companies. The new fund is nearly triple the $122 million third fund from 2016, which itself was two-thirds bigger than the $75.8 million second fund from three years earlier. The firm said it would double down on its founding strategy […]

VCJ Venture Europe Fund Profile

Baltic fund aims to blossom in wake of Skype’s success

By Alex Derber, VCJ Correspondent The tiny Baltic nation of Estonia, with a population of 1.3 million, is perhaps best known as the birthplace of Skype and home to one of best public wi-fi networks in the world. It has also produced three unicorns: money transfer company Transferwise; gambling software developer Playtech; and car sharing […]

venture capital, fundraising, mergers, M&A

September Dashboard: IPOs soar in September; other indices fall

September was a tough month for M&A, fundraising and deal activity. Each declined in the month to finish what were otherwise good quarters on down notes. Meanwhile, IPOs soared in the month, as a number of companies, mostly in biotech and healthcare, went public. The following indices are based on preliminary data from Thomson Reuters. […]

venture capital

VCs on the Move, monthly recap as of Oct. 17

A compilation of personnel moves that occurred in the previous month in the venture community, including the departure of OMERS Ventures CEO John Ruffolo, the venture-focused LP Tiger Iron adding a managing partner, and IVP boosting its team. … John Ruffolo, CEO of OMERS Ventures, is leaving, Ontario Municipal Employees Retirement System said in late September. Ruffolo, […]

NEA Associates, venture capital, Ravi Viswanathan

Sequoia stands atop most active VC list for Q3

Sequoia Capital, which is said to be raising well over $8 billion for worldwide growth and U.S.-focused venture and growth funds, participated in the most venture deals in the third quarter. The firm invested about $715 million in 37 deals in Q3, according to VCJ’s analysis of preliminary Thomson Reuters data. Matrix Partners closely followed, […]

VCJ Fund Profile

French firm Go Capital keeps a lead in seed

By Alex Derber, VCJ Correspondent French venture capital, driven particularly by state-backed investor Bpifrance, in the past few years has seen money pour into all stages. But that capital has gone to fewer GPs. One of the recent beneficiaries is Rennes-based Go Capital, which recently held a €70 million ($81 million) second close for its second […]

VCJ Venture PVCI Stock

Post Venture Capital Index gains ground in August

The Thomson Reuters’ Post Venture Capital Index (PVCI) gained ground over the previous month, following an up-and-down summer. The PVCI rose 67.17 points to end August at 1298.79, a 5.5 percent gain from the end of July. For the year, the PVCI has risen more than 8 percent since the 1200.19 figure it stood on […]

VCJ Venture Fund Briefs Fundraising

Monthly recap of VC fundraising activity through Sept. 14

U.S.-Focused Funds Andreessen Horowitz unveiled a Cultural Leadership Fund with the dual aim of encouraging more young African Americans to enter the technology industry and linking tech companies to cultural leaders, including those from the African American community. The fund was raised from leaders including Sean “Diddy” Combs, Shonda Rhimes, Will and Jada Smith, Quincy Jones, Kevin Durant, Chance […]

Blackstone Group, Omers, Ontario Municipal Employees Retirement System, Canada, private equity,

August Dashboard: M&A soars as fundraising, IPOs take a step back

August was a great month for M&A, thanks to the close of a few large deals in the month. Investment deal activity also gained ground as a couple of billion-dollar deals took place. Meanwhile, although fundraising has been hectic this year, commitments took a step back in August. The following indices are based on preliminary […]

venture capital

VCs on the Move, monthly recap as of Sept. 17

A compilation of personnel moves at various venture firms in the past month, including Andreessen Horowitz adding Angela Strange as a GP and the departures of more staff from Social Capital. … Social Capital, founded in 2011 by early Facebook executive Chamath Palihapitiya, has seen more departures. Most recently, Partner Mike Ghaffary, who joined a year ago, said he […]

Arik Kleinstein, Glilot Capital, Ron Moritz, Our Crowd, Yoav Tzruya, Jerusalem Venture Partners, venture capital, Israel, cybersecurity, mergers, M&A, Check Point Software, Gil Shwed, Israel Defense Force, military, Unit 8200

Israel cybersecurity ecosystem draws multinational deal interest

By Joshua Mitnick, VCJ Correspondent As sophisticated hacking attacks and data security have emerged as a top global concern, Israel’s cybersecurity ecosystem is ripe with deals, and foreign companies are looking to establish a beachhead. The $88 million acquisition of a 34-staffer startup in July was the latest indication. Nasdaq-listed Mimecraft, a maker of email security […]

Saed Nashef, Yadin Kaufmann, Sadara Fund, Palestinian, Israel, technology, venture capital, merger, M&A, Middle East

Palestinian VC Sadara: building startups in a challenging environment

By Joshua Mitnick, VCJ Correspondent Seven years ago, a Palestinian software executive, Saed Nashef, and an Israeli high-tech entrepreneur, Yadin Kaufmann, established the first venture fund in the Palestinian territories. They dubbed it Sadara, Arabic for “in the lead.” Their thesis was that Sadara and other backers could take advantage of the engineering graduates from local […]

VCJ Money M&A VC

Monthly recap of fund briefs through Aug. 16

U.S.-Focused Funds Bessemer Venture Partners has set out to raise a 10th fund. A regulatory filing did not report a target size or a first close. Bessemer’s ninth fund closed in February 2015 and attracted $1.6 billion. The firm invests across stages, from seed to growth rounds, with a focus that ranges from enterprise to consumer and healthcare. […]

venture capital

VCs on the Move, monthly recap as of Aug. 16

IVP promoted Alex Lim to vice president. Lim, who joined the late-stage firm in 2015, focuses on consumer and enterprise companies. He was involved in sourcing investments in Cyence, Discord, Hims and Qubole, and worked on investments in Qadium, SteelBrick, Snap, TuneIn, Walker and Co and Zerto. Prior to IVP, he worked at Credit Suisse. OpenView promoted Arsham Memarzadeh to vice president. Memarzadeh has been with the Boston expansion-stage firm since […]