Ready for a quick year-end update on Google Ventures? As you know, Google last month increased the annual cash it hands to its venture arm to $300 million from $200 million. Here is a breakdown of its investments by sector.Continue
(Reuters) – Mobile, biotech and e-commerce all have one thing in common: they are among the next wave of startups that have caught the eye of venture capital.
In the past year, social media companies such as Facebook, Zynga, Groupon and LinkedIn have stolen the limelight as the fastest growing space for venture funds.
Still, they make up just one area, and even a minority percentage, of investment for a number of venture capital funds.
“Social media companies are leading the charge, capturing people’s fantasy,” Axel Bichara, a partner at Atlas Venture, told a panel at the Reuters Global Technology Summit Venture Capital in New York on Wednesday. “If you look at venture capital companies as a whole, it’s a really broad and deepContinue
Dasaint Inc. received an undisclosed round of financing led by Google Ventures and joined by existing investors Benhamou Global Ventures, Floodgate and Radar Partners. The Sunnyvale, Calif.-based company said Monday it would use to the money to reach into new markets and support research and product development. The company previously had raised $2 million from […]Continue
Dasient Inc., a San Jose, Calif.-based Internet security startup founded by former google exec Neil Daswani, has raised just over $2 million in seed funding, according to a regulatory filing. Backers include Maples Investments. www.dasient.comContinue