Velocity Venture Capital closes $15M Sacramento-area fund
The $15 million fund, aimed at seed and early-stage investments near Sacramento, Calif., about a two hour drive from Silicon Valley, will be Velocity Venture Capital’s second. The firm says it typically makes placements ranging from $100,000 to $3.5 million.
Investments from Velocity’s first find include Freepath, a company working in the presentations market a la PowerPoint; Marquiss Wind Power, a maker of commercial wind turbines; and Razor Audio Solutions, an entertainment company. In all, the… Continue Reading
Multimedia presentation software Freepath raises $1.5 million
Freepath plans to offer a set of basic editing tasks easier, through a desktop application. Although the company is still in private beta (I’m waiting for an invite), I can see how the Freepath could be useful.
It’s designed to help you put together multimedia presentations, and it includes a couple nice little features. For example, you can set a video clip to play from within a specific point of the video, within your Freepoint presentation… Continue Reading