funding

How to get funding, as told by August Capital (video)

The Internet has fundamentally changed the ways in which startups receive funding these days. In many ways, it’s much easier to connect with investors that you want to work with, but on the other hand, it’s much more difficult to secure funding because of the massive amount of competition in the marketplace. Thus, for early-stage startups, it’s incredibly important to hone in on your product or service and perfect your pitch if you want to be one of the few startups that succeeds.

Picture 4

July brings funding for August Capital: firm raises its sixth fund

August Capital has raised $550 million for a new fund, according to August Partner Howard Hartenbaum. The fund, which is the sixth for the Menlo Park-based venture capital firm, includes $300 million for early stage investments and $250 million for “special opportunities” such as growth equity and buyouts. This is the same structure as August’s previous funds.

RelayRides

Google Ventures funds RelayRides, again

Car sharing startup RelayRides has raised $3.6 million in a round of funding only five months after its last, according to a form D filed with the SEC. Involved in the round are Google Ventures, August Capital.