• VCs & Venture Capital Investment Company News – 1 August 2012

    by  • August 1, 2012 • News, VC News

    Highlights from the past week’s VC Investment Company news.

    New Enterprise Associates closes 14th fund at $2.6 billion, amid shift in leadership

    New Enterprise Associates said Wednesday it has closed on what appears to be the largest venture fund in history at $2.6 billion. NEA’s 14th fund gives the VC titan a fresh pool of capital to inject into tech companies along a wide array of stages, sectors and geographies, and comes two and a half years after the firm closed on a thirteenth fund that was only slightly less mammoth. NEA is among the most prolific startup funders in the D.C. region, both in biotech and information technology.

    http://www.bizjournals.com/baltimore/news/2012/07/25/new-enterprise-associates-closes-fund.html

     

    Announcing Version One Ventures

    Version One will back outstanding web and mobile entrepreneurs across North-America with $250,000 to $500,000 investments in Seed and Series A rounds.

    http://versiononeventures.com/announcing-version-one-ventures/#ixzz21iPzA3dg

     

    Announcing K9 Ventures II – A $40M technology-focused micro-VC fund

    With K9 Ventures II, for the most part everything remains the same as with the first fund, with just one major change: the initial investment amount. With the new fund K9 Ventures will be able to invest between $250K – $750K as an initial investment in the companies we back. This will allow us to potentially lead the seed round, while maintaining an active engagement with these companies (as with Fund I). K9 Ventures II will still be syndicating most investments with other seed and angel investors.

    http://k9ventures.com/blog/2012/07/19/announcing-k9-ventures-ii-a-40m-technology-focused-micro-vc-fund/

     

    Tenaya Capital Closes Fund at $372M 

    Tenaya Capital, a venture capital firm that invests in high-growth technology companies, has closed its new fund, at $372m. Tenaya Capital VI focuses on investing across technology sectors, including enterprise software, consumer Internet, IT infrastructure, communications and electronics.

    It will make earlier or later-stage investments of $5 – 10m, with the goal of $10 – 15m over the life of a portfolio company.

    http://www.finsmes.com/2012/07/tenaya-capital-closes-fund-372m.html


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