Charles River Ventures

  • Unsubscribe.com Raises $2.1 Million To Help People Get To InBox Zero

    Unsubscribe.com Raises $2.1 Million To Help People Get To InBox Zero

    How many mailing lists are you on that fill your email inbox every day? Figuring out how to unsubscribe from all of them can be a pain. From that frustration was born Unsubscribe.com, an LA-based startup that just closed a $2.1 million Series A financing. Charles River Ventures led the round. Other investors include Ron Conway’s SV Angel, First Round Capital, DFJ Frontier as well… Read More

  • A123 Systems Spinoff 24M Technologies Raises $16 Million

    A123 Systems Spinoff 24M Technologies Raises $16 Million

    Energy storage system producer 24M Technologies spun out of lithium-ion battery maker A123 Systems today to become a separate venture. The company raised a $10 million Series A funding round from Charles River Ventures and North Bridge Venture Partners. Read More

  • SpiderCloud Wireless Raises $25 Million, Total Funding Now $40 Million

    SpiderCloud Wireless Raises $25 Million, Total Funding Now $40 Million

    Wireless technologies developer SpiderCloud Wireless has raised $25 million in a Series B funding round led by Opus Capital. Shasta Ventures and existing Series A investors Charles River Ventures and Matrix Partners also participated in the round, which brings the company’s total funding to a healthy $40 million. SpiderCloud Wireless provides the industry’s first Enterprise… Read More

  • Blippy Shows Its Own Funding On Blippy. And Now Everyone Can See.

    Blippy Shows Its Own Funding On Blippy. And Now Everyone Can See.

    People love Blippy. Well, they love to talk about Blippy. And complain about it. And argue that it’s the end of privacy as we know it. But some people do actually love Blippy, the service which lets you share you credit card transactions with the world. In fact, a number of investors do, as the service has just raised a $1.6 million round of funding. The large angel round was led by… Read More

  • Charles River Ventures Hires That FuckedCompany Guy

    Charles River Ventures Hires That FuckedCompany Guy

    Remember Philip Kaplan, better known as “Pud,” the guy who created FuckedCompany at the tail-end of the first Internet bubble? Yeah, him. He just joined Charles River Ventures this week as an Entrepreneur-in-Residence. The EIR position is usually where venture firms park executives they want to work with but who don’t yet have a company. EIRs get to see a lot of deal… Read More

  • Zendesk Secures Funding For SaaS Help Desk System, Heads To The U.S.

    Zendesk Secures Funding For SaaS Help Desk System, Heads To The U.S.

    Zendesk, a Danish startup that markets a nifty cloud-based, on-demand help desk system, has raised an undisclosed Series A round of funding from Charles River Ventures which it intends to use to expand its customer base worldwide, starting with the opening of new headquarters in Boston. That move makes sense because apparently over 70% of its customers are currently located in the United… Read More

  • Tesla Founder Elon Musk Dreams Of Electric Airplanes

    Tesla Founder Elon Musk Dreams Of Electric Airplanes

    Last week, Elon Musk had a candid conversation with VC George Zachary at the Charles River Ventures CEO Summit. One of the most interesting things Musk talked about was his desire to see electric airplanes in the future—and perhaps even one day help develop these green, energy efficient planes himself. It makes sense—Musk has an interest in aeronautics (he founded Space… Read More

  • Venture Capital Fundraising Is Down Nearly 40 Percent In First Quarter of 2009

    Venture Capital Fundraising Is Down Nearly 40 Percent In First Quarter of 2009

    The first quarter of 2009 wasn’t just a dry one for venture-backed exits, very little money went into the coffers of VC funds as well. According to data released today by the National Venture Capital Association, only 40 funds raised new money during the quarter, down from 71 the year before (1Q08) and 47 the previous quarter (4Q08). Out of the 40 funds, only three were brand new In… Read More

  • Charles River Ventures Raises $320 Million For Its Fourteenth Fund

    Charles River Ventures Raises $320 Million For Its Fourteenth Fund

    At a time when limited partners are being stingy with their venture dollars, Charles River Ventures just announced it raised $320 million for its fourteenth fund, Charles River Partnership XIV. (The last fund it raised was $285 million in April, 2007). With the new fund, the firm now manages $2.1 billion. Raising any capital in this environment is an achievement in itself. But CRV has been… Read More

  • Yammer Raises $5 Million For Workgroup Micro-Messaging

    Fifty thousand dollars will only go so far. As the winner of last year’s TechCrunch50, that’s how much workgroup micro-messaging service Yammer received in prize money. But Yammer has now raised a $5 million series A financing from the Founders Fund and Charles River Ventures, according to founder David Sacks. Yammer is a spinoff from genealogy site Geni, which also just… Read More