Website blocker Websense goes private after years of sluggish trading and PR problems over web censorship.
Naya Ventures announces a new $50 million for early-stage mobile and cloud companies.
Flag Capital Management expands Asian presence with purchase of Squadron Capital.
It’s official: Elevation Partners has announced the resignation of Marc Bodnick from the high-profile private-equity firm, just a couple days after VentureBeat first reported his impending departure.
One of the most-watched private-equity partnerships in Silicon Valley is coming apart.
E-recruiting company RealMatch scored two major coups Monday, swooping up $4.7 million in second round venture capital funding, and a new CEO who was previously a senior vice president at rival Monster.com.
Discount deal site Offers.com said today it has closed first-round funding of $7 million as it seeks to add more staff and take on an already-crowded online coupon marketplace.
The annual Forbes 400, which attempts to measure and rank the richest Americans in terms of their net-worth, came out today with a big surprise: Facebook’s Mark Zuckerberg, who has been the world’s youngest billionaire to date, is now worth more than Apple‘s Steve Jobs.
It’s unseasonably warm in San Francisco. But is top Valley investor Marc Andreessen planning for winter? PEHub’s Dan Primack reports that Andreessen’s venture-capital firm, Andreessen Horowitz, is raising a $650 million fund, little more than a year after it raised its first $300 million fund.
Are venture capitalists really shunning biotechnology, as I wrote a few days ago? A deeper look at the data suggests the answer is still yes, although not exactly for the reasons I first suspected.
(UPDATED: See below.)
Over at VentureBeat proper, Matt highlights a theory advanced by venture capitalist Keith Benjamin, who argues that the credit crunch now threatening the private-equity boom may have the unexpected effect of boosting returns in technology investments. (Keith puts this all down in his own words on his personal blog and in this contributed piece at VentureBeat.)
Galen Partners, a Stamford, Conn., private-equity firm that concentrates solely on the healthcare industry, closed a $250 million fund, its fifth. The fund will focus on healthcare IT, medical devices and specialty pharmaceuticals.
Forget the Web 2.0 bubble, which is in the process of bursting.
Dan Primack, the guy who holds court at PE Week each morning and rants about the world of private equity, is launching a blog site Monday. It is called PEHub.
U.S. private equity firms have raised a record $177.89 billion, according to Dow Jones VentureOne.