China-based Shunwei files to raise $500 mln

Beijing-based venture firm Shunwei Capital Partners has filed to raise $500 million for Shunwei China Internet Opportunity Fund II. The amount listed on the regulatory filing is in U.S. dollars. The firm raised $210 million for its previous Internet Opportunity Fund, which closed in 2014, according to data from Thomson Reuters.

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VC-backed IPOs rebound in second quarter

VC-backed IPO activity rebounded in Q2, as 27 companies raised $3.4 billion in proceeds, according to a report from the National Venture Capital Association and Thomson Reuters. But M&A activity slumped despite LinkedIn’s purchase of Lynda.com.

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Allegis closes on initial $100 mln for sixth fund

Allegis Capital has closed on an initial $100 million of capital for a sixth fund that it says will focus exclusively on cyber-security investing. The venture firm said its target for the fund is $150 million.

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Arboretum to raise $215 mln fourth fund

Arboretum Ventures has begun raising a $215 million fourth fund, according to a filing with the SEC. The new fund will be a substantial step up from the Ann Arbor, Mich., firm’s $140 million third fund.

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Aledia raises 28.4 mln euros in Series B funding

Aledia, which makes 3-D LEDs, has closed its Series B funding on about 28.4 million euros (about $31 million). Participants in the funding round include Valeo, an automobile-equipment maker, IKEA GreenTech, the venture arm of IKEA, and Ecotechnologies fund of Bpifrance, the French national industrial bank. Existing Aledia investors Sofinnova Partners, Braemar Energy Ventures, Demeter Partners and CEAi/ATi, also participated in the funding.

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Tamr raises $25.2 mln in Series B funding

Data analytics business Tamr, Inc. raised $25.2 million in Series B funding from Hewlett-Packard Ventures, Thomson Reuters, MassMutual Ventures, the corporate venture arm of Massachusetts Mutual Life Insurance Company, Sinewave Ventures and Work-Bench Ventures. Existing investors New Enterprise Associates and Google Ventures also participated in the funding round.

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NEA, Revolution Ventures lead $7.7 mln funding in Framebridge

New Enterprise Associates and Revolution Ventures have led a $7.7 million Series A funding round in Framebridge, an online and mobile custom framing business. Timothy O’Shaughnessy, president of Graham Holdings and former CEO and co-founder of LivingSocial, also participated in the funding. Framebridge has raised more than $11 million to date.

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RezVen Partners raises $50 mln early stage fund

RezVen Partners said it raised a $50 million venture capital fund targeting early stage software and social media companies. The fund attracted both new and existing LPs and will be run by Managing Partners Anderee Berengian and Jim Davis.

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Convirza raises more than $20 mln in Series B funding

Convirza, a call marketing analytics business, has raised more than $20 million in a Series B funding round. The funding was led by an unnamed firm described as a large East Coast-based investment group. The funding round brings Convirza’s total funding to almost $25 million.

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Reporter’s notebook: Thoughts on venture’s diversity gap

Venture capital has been wringing its hands for several years about the lack of diversity in its investment ranks. Intel Capital’s announcement today of a $125 million Diversity Fund offers a positive approach. But it is a small step in a bigger campaign.

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Formation 8, Foundation Capital co-lead $32.3 mln funding in Bolt Threads

Formation 8 and Foundation Capital have co-led a $32.3 million Series B funding round in Bolt Threads, which makes silk fibers based on proteins found in nature. Founders Fund participated in the funding. Bolt Threads, which has emerged from stealth, has raised a total of $40 million, including a Series A funding led by Foundation Capital.

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RRE Ventures leads $8 mln Series A round in Informed Data Systems

RRE Ventures has led an $8 million Series A funding round in Informed Data Systems’ One Drop diabetes management software, hardware and services platform. Other investors in the funding round included BoxGroup, LAUNCH Fund, Capital Factory and Neu Ventures. Stuart Ellman, managing partner at RRE Ventures, will join Informed Data Systems’ board of directors.

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Fuel Capital seeks to fill up with $35 mln second fund

Early-stage investor Fuel Capital is seeking to raise $35 million for its second fund, according to a regulatory document. The San Francisco-based venture firm, which has ties to Ignition Partners, previously raised $25.5 million for its first fund, which closed in 2013, according to Thomson Reuters.

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