by MATT GALLAGHER, Red Herring In the world of bio-based plastic, Ecospan not only closes the loop, producing a solid, industry-suited plastic from 100 percent natural materials, but it does so at a…
Ooyala Nabs $35M from Australian Firm for Overseas Expansion
Ooyala, the digital video platform, has raised $35 million in a Series E round of funding, led by Telstra Applications and Ventures Group, with prior investors Sierra Ventures, Rembrandt Venture Partners and…
Peter Thiel Raises $402M Tech Growth Fund, Targets a Total of $1B
Peter Thiel, the superstar investor who co-founded Paypal and made a legendary early bet on Facebook, has raised $402 million for a new fund called Mithril Capital Management, designed for late stage…
True Ventures Raises 3rd Fund of $205M
True Ventures, the early stage investment firm, has raised $205 million for its third fund. With more than $600 million under management and over 100 companies successfully funded, the firm supports over…
Boston’s Gemvera Raises $25M for Online Customized Jewelry
Gemvera has raised $25 million for its online platform selling customized jewelry, which was about “twice as much as we thought we were going to raise,” CEO Matt Lauzon told the Boston…
Sequoia Capital Raising $1B in Global Funds
Sequoia Capital is raising about $1 billion in several global funds, Fortune reported. The news organization states that the new funds might include a China-growth fund, one for growth equity and later…
Evernote Raises $70M at $1B Valuation in Prep of IPO
Evernote, the digital note-taking company has raised $70 million in its fourth round of funding, earning the company a $1 billion valuation. The round was led by Meritech Capital and CBC Capital,…
Red Herring Announces Finalist for Top 100 Americas
The Red Herring editorial team selected the Finalists for the 2012 Red Herring 100 Americas Award. This group of companies is the short list for the Top 100 award. They are the most innovative…
Facebook IPO Date Planned for May 18
With its roadshow Wall St. pitch scheduled to begin Monday, Facebook has set a tentative IPO date for May 18, the Wall St. Journal recently reported, citing “people familiar with the matter.”…
Maximizing Venture Capital Investments
By Igor Sill The recent capital markets have reinvigorated investor confidence in venture-backed companies to the levels of 2004, when the IPOs of Google and Salesforce debuted. The pent up current IPO pipeline represents…