On Thursday, Raj Atluru announced that he was stepping down as a managing director with Draper Fisher Jurvetson, where he served as a key cleantech investor since 2001. He will join a private equity group that invests in later-stage clean energy companies, Silver Lake Kraftwerk, which was formed earlier in 2011 by Silver Lake Partners and Soros Fund Management, led by Adam Grosser.
Atluru took… → Read More
Scientific Conservation Inc. (SCI) — a San Francisco company that makes software to diagnose and help stop energy-wasting problems in commercial buildings — raised $15.6 million in a series B investment led by DFJ Growth Fund the companies announced today. DFJ Ventures and The Westly Group also joined the round, which brings the company’s total funding raised to $24.6 million.
SCI’s… → Read More
The round was led by Draper Fisher Jurvetson and joined by prior investors Canaan Partners, SAP Ventures, and SVB India Capital Partners. The Gurgaon, India-headquartered firm earlier raised $3.1 million and $9.5 million in two rounds in 2007 and… → Read More
Clixtr, a startup that first presented itself to a wide audience at this year’s TechCrunch50 Conference (our take), kicked off things with a relatively limited offering – a paid iPhone app – but is now upping its game with the launch of an accompanying location-aware photo sharing website.
It’s also dropping the price of its iPhone application to zero, so if you and the rest of the family will be… → Read More
After raising a total of $11.2 million since its founding in 2005, Tiny Pictures sold to Shutterfly on Friday for $1.3 million in cash and another $1.3 million in restricted stock to employees, which has some performance triggers. If you back out the earnout, investors only got back about a tenth of what they put in.
Those investors include Mohr Davidow, Draper Fisher Jurvetson, and angel… → Read More
Do venture investors with the biggest and best networks end up producing the best returns? An academic paper from a few years ago by Yael Hochberg, Alexander Ljungqvist, and Yang Lu titled “Whom You Know Matters: Venture Capital Networks and Investment Performance” (embedded at the bottom of this post) suggests that is the case. They looked at historic venture returns and found that… → Read More
Glam Media has acquired AdaptiveAds, a startup based in Mumbai, India that serves display ads targetable by the demographic characteristics brand advertisers understand (such as “Women 24-40, Fashionista, Beauty”). It calls its contextual display ads BrandWords. They will now be called Glam AdaptAds.
The purchase price was not disclosed, but AdaptiveAd was shopping around a series B round with a… → Read More
Update 6/27/08: The round is now confirmed. Additional investors include DFJ Tamir Fishman Ventures and Evergreen Venture Partners Israeli-based animation site aniBoom is about to announce a $10 million B round, a source tells us. We believe the round was led by Draper Fisher Jurvetson, although the company won’t confirm this. An announcement is expected on Monday. The company previously… → Read More
Venture capital firm Draper Fisher Jurvetson has announced its entry into the Brazilian startup and investment market, joining with early stage Brazil focused venture capital firm FIR Capital Partners to form the DFJ FIR Brazil Fund. The new fund starts with $40 million, focused on funding Brazilian based entrepreneurs with a vision to build global new technology companies. The partnership is the… → Read More