Kamcord has closed $15 million in Series B funding. Gungho Online Entertainment led the round with participation from other backers that included Tencent, Wargaming, TransLink Capital, M&Y Growth Partners, Merus Capital and XG Ventures. Kamcord is a social network for gamers.Continue
Mobile gaming startup Chobolabs has secured a $1.3 million round of funding. The investment was led by Eric Schmidt’s Innovation Endeavors with participation from Maurice Werdegar, XG Ventures, Jim Ellis, Joel Peterson, Bill Meehan, John Kobs, Mac Harman and other angel investors.Continue
Smart home company Zuli has raised $1.65 million in seed funding from investors. Participants in the funding round include Menlo Ventures, Winklevoss Capital, Logitech, DeNA, XG Ventures, FreedomPop CEO Stephen Stokols and Hossein Eslambolchi, former chief technology officer of AT&T.Continue
Kamcord said it raised $7.1 million in Series A funding in a deal led by TransLink Capital. The round was joined by SV Angel, DeNA, KLab, M&Y Growth Partners and existing investors Innovation Works, XG Ventures, and Mark Williamson.Continue
New Enterprise Associates has led a $2.7 million seed round in Blend, a San Francisco-based [...]Continue
Crocodoc, an angel-backed startup that offers document-viewing software to enterprises, announced Thursday that it has [...]Continue
Four years ago, Maria Alegre landed her first job in Silicon Valley, as the first [...]Continue
Some investors aggressively court media attention, while others avoid it like a bacterial infection. As [...]Continue
It’s not unusual to see early executives of a big tech company join the VC ranks. For example, It seems like everyone on the staff of Bellevue, Wash.-based Ignition Partners has ties to Microsoft.
But it’s hard not to notice that many early Googlers are not just investing in startups as individuals, but are forming early stage firms. My colleague Constance Loizos reported yesterday how Merus Capital (whose founders have roots that go back to Microsoft and Google) are in the midst of trying to raise $125 million for its debut fund. And one half of the management team at Javelin Ventures is a former Google executive.
I came across another firm that owes its wealth, and hopeful success, to Google. The firm, called XG Ventures derives its name from the fact that its four partners are ex-Googlers.Continue