Ex-Googlers’ firm Merus Capital raising $125M fund
Merus Capital, a venture firm founded by former Google and Microsoft executives, is raising $125 million for its debut fund, and has raised $10 million so far, according to an SEC regulatory filing cited by VentureWire. The firm focuses on three areas of investment — algorithm intensive software, online marketplaces and Web-based consumer software and services.
The Palo Alto, Calif, firm was founded last November by Salman Ullah (pictured, left) when he left his position as… Continue Reading
Ex-Googlers back DeviceVM, a company that loads your computer faster
DeviceVM, a maker of software that lets you check your email, chat and surf the web within seconds of turning on your computer, has raised a small third round of funding.
The backing, $1 million, comes from Merus Capital, the new firm founded by departed business development executives at Google and Microsoft.
The company hopes Merus can use its connections with computer manufacturers to get its software more widely distributed.
San Jose, Calif.-based DeviceVM’s software is called Splashtop,… Continue Reading