Best Buy Leads Virtual World Venture Deal

By PEHub Administrator — 7 years ago

IMVU Inc., a Palo Alto, Calif.-based online destination where adults and teens meet new people in 3D, has raised $10 million in Series D funding. Best Buy Capital led the round, and was joined by return backers Menlo Ventures, Allegis Capital and Bridgescale Partners.


Best Buy Backs Electric Motorcycle Maker

By Dan Primack — 7 years ago

This morning, I asked PE Week Wire readers to name the latest electric vehicle company to raise its first round of funding. My only hint was “don’t think cars.” A few folks got it right, so now let’s share: The company is Brammo, an Ashland, Ore.-based developer of an electric motorcycle called the Enertia (no, […]