Opus hits the fundraising trail, looking for $250M
Early-stage venture firm Opus Capital Ventures is hoping to scrape together $250 million for its next fund (which has a hard cap of $350 million), reports VentureWire. Based in Menlo Park, Calif., the firm used to be called Weiss Peck & Greer Venture Partners. It raised four funds before changing its name to Opus. Its last fund, totaling $280 million, was brought in in 2006.
Already, Opus has a commitment from Montana Board Investments to contribute… Continue Reading
SuperSecret raises $10 million for virtual world about growing up
There are an estimated 200 virtual worlds for kids in the works. But SuperSecret thinks it has the secret sauce. And it’s just raised $10 million in a first round of funding led by Opus Capital.
The company has been building the world since late 2007. Kids log into the world, choose an avatar, and then wander around and chat with other players using a phone-like chat client that is a lot like an instant messenger… Continue Reading