U.S. venture capital goes to eastern Europe, Russia
Cisco, the giant networking company, has expanded its venture capital investments to central and eastern Europe, taking a majority stake in a 30 million Euro ($40 million) fund there.
It comes at a time of a flurry of investment activity in the eastern European and Russia… Continue Reading
Socialtext offers “social software” to big companies, raises cash
Socialtext, the early wiki company, has raised $9.5 million in a third round of financing.
Socialtext is one of a number companies loading delivering “social software” to large companies, helping employees collaborate in real-time on documents in ways they haven’t done in the past. It has… Continue Reading
TrustedID raises $10M for credit fraud protection, though unclear how popular it is
TrustedID, a service that freezes your credit reports, so that fraudsters can’t open financial accounts under your name, has raised $10 million in a second round of funding after a prolonged period of looking.
However, the company has still not released any specifics about how it… Continue Reading
Splashtop, lets you hit PC start button, and browse instantly
Splashtop is a newly released technology that lets you browse the Internet within 20 seconds of pushing a PC’s start button. It has just gotten $10 million in venture capital to help it get to market.
See video below about how it works (RSS readers will… Continue Reading
Among venture firms, DFJ maintains global leadership
Draper Fisher Jurvetson, the Silicon Valley venture capital firm that has been the swiftest to go global, has opened an outpost in Israel. It’s the latest move in an impressive empire-building that now includes 120 investors in 30 cities. It’s also a smart move, given… Continue Reading
DFJ partners with Esprit in Europe, to form DFJ Esprit
Draper Fisher Jurvetson, the Menlo Park, Calif. venture capital firm, has acquired a strategic stake in Esprit Capital Partners of Europe.
Esprit, which has offices in London and Cambridge, U.K., has rebranded as DFJ Esprit and is now DFJ’s exclusive partner in Europe, the firms… Continue Reading
Venture firm DFJ enters South America with $40M
Silicon Valley venture firm Draper Fisher Jurvetson has long been angling for a way to enter South America, seeing it as the last major region to conquer with its global network.
DFJ has teamed up with FIR Capital Partners, an early-stage Brazilian venture capital firm, to… Continue Reading
DFJ raises $434.5 million venture capital fund
Draper Fisher Jurvetson, the well-known Silicon Valley venture capital firm, backer of companies like Skype and Baidu, has raised a $434.5 million for its ninth fund, according to a filing with the Securities and Exchange Commission cited by VentureWire (sub required).
It still plans to raise… Continue Reading
YouTube myth debunked, Google phone, Endoxon, iPhone, Perkins’ memoir & more
The latest roundup of Silicon Valley tech stuff:
YouTube myth debunked; idea really came from HOTorNOT — Remember the Pez dispenser story eBay fabricated to drum up a catchy media story about its founding? Turns out, the same thing happened at YouTube. The founders, Chad Hurley and… Continue Reading