Herrod will lead the firm’s investment focus in “next generation infrastructure technologies.”
Editor’s Pick Silicon Valley residents often forget how unique this place is as an entrepreneurial hub, and challenging it is for people in other countries. For these nine British natives, coming to Silicon Valley has meant breaking away from English tradition.
Six months after the departure of cofounder John Simon, General Catalyst Partners has scooped up Adam Valkin from Accel Partners, where he has worked since April 2010.
Y Combinator is tightening the purse strings, cutting the $150,000 investments startups get in half.
Editor’s Pick Venture capital’s gut-call days are over.
Bigcommerce has taken a big $20 million to accommodate its rapid growth and accelerate product development. The platform helps small business owners create professional online stores so they can “Sell More.”
Game Closure has raised $12 million in a first round of funding for its HTML5-based cross-platform multiplayer game business, which aims to provide tools to developers that can help them deal with one of their most painful tasks: taking a game and spreading it out across many platforms without squandering engineering talent.