Index Ventures closes eighth venture fund at $550 mln

By Iris Dorbian — 3 days ago

Index Ventures has raised $550 million for its eighth venture fund. The firm, which recently hired former Twitter CEO Dick Costolo as a venture partner, has promoted Shardul Shah to partner. Index focuses on backing “disruptive” startups in the U.S., Europe and Israel.


Y Combinator hires ex-Twitter COO Rowghani to lead new $700 mln fund

By Iris Dorbian — 4 months ago

Y Combinator has hired former Twitter COO Ali Rowghani as a full-time partner, according to a blog post authored by Sam Altman, the Silicon Valley-based seed accelerator’s president. Rowghani will run a new venture fund that focuses on later-stage YC startups. Although Altman does not mention how much capital has been raised for the YC Continuity Fund, various news outlets peg the amount at $700 million.


Gupta named Docker CFO

By Luisa Beltran — 5 months ago

Docker Inc. said Tuesday that Mike Gupta has joined as CFO. Docker also said it named its former CFO Eric Bardin to the newly-created role of senior VP of finance and business operations. Gupta was previously SVP of strategic investments at Twitter. Docker is an open platform for developers and administrators to build and run applications. Investors include AME Cloud Ventures, Benchmark, Coatue, Goldman Sachs, Greylock Partners, Insight Venture Partners, Northern Trust, Sequoia Capital, SV Angel, Trinity Ventures and Y Combinator.


JetSmarter takes off with $20 mln Series B

By Iris Dorbian — 7 months ago

Fort Lauderdale, Florida-based private jet app JetSmarter has secured $20 million in Series B funding. The investors included members of the Saudi royal family, high-net-worth individuals and family offices as well as C-level executives from companies such as Goldman Sachs and Twitter.