First Round Capital

  • Ex-­Googlers raise $2.5 million for Pattern, a friendly “workspace” for salespeople

    Ex-­Googlers raise $2.5 million for Pattern, a friendly “workspace” for salespeople

    Pattern, a year-old, Redwood City, Ca.- based startup, wants to become a kind of external brain that lightens the load of managing customer relationships for salespeople. Felicis Ventures, SoftTech VC, and First Round Capital have just furnished the company with $2.5 million in seed funding toward that end, too. You can kind of see why, given the problem Pattern is trying to… Read More

  • LPs are feeling the pressure of startups not finding exits

    LPs are feeling the pressure of startups not finding exits

    All the energy for venture funds flows from LPs — the money goes from LPs to partners at funds, which in turn invest in startups. But since the number of IPOs and exits has started to dry up, the pressure is starting to rise on LPs, and Venture Investment Associates’ Chris Douvos knows it. And he made it abundantly clear to investors on a panel at TechCrunch Disrupt NY… Read More

  • The next new thing: Women VCs

    The next new thing: Women VCs

    Few — though not most — see what’s coming next, too, and that’s women VCs, taking their place alongside men, in equal, or nearly equal, numbers. In fact, we’d argue that the shift will represent the biggest opportunity over the next decade. It may be hard to believe, given the wealth of attention paid to the low numbers of women in the industry and the… Read More

  • Yammer co-founder Adam Pisoni raises $4.5 million for Abl Schools

    Yammer co-founder Adam Pisoni raises $4.5 million for Abl Schools

    A co-founder and former CTO of Yammer, Adam Pisoni, quietly raised a $4.5 million first round of venture funding for his new education tech startup in January. This week, he revealed what Always Be Learning Inc., known as Abl Schools, is working on. Read More

  • Confide confidential messenger gets $1.6 million, launches premium message retraction

    Confide confidential messenger gets $1.6 million, launches premium message retraction

    Confide, the messaging platform that keeps everything confidential, has today announced the close of a $1.6 million extension to their seed round, bringing total funding to $3.6 million. Investors include existing investors such as WGI Group, First Round Capital, SV Angel, CrunchFund, Marker, Howard Lerman and others. Confide works by letting users send messages to each other that can only be… Read More

  • First Round Capital Brings Aboard Birchbox Cofounder As Venture Partner

    First Round Capital Brings Aboard Birchbox Cofounder As Venture Partner

    Early-stage venture firm First Round Capital has brought aboard Birchbox cofounder and former co-CEO Hayley Barna as a venture partner. Barna, who is expected to spend a couple of years at the firm while she decides her next moves, will be based in New York and focus largely on e-commerce opportunities. Recode had the news earlier today; First Round partner Phin Barnes has also posted news… Read More

  • First Round’s Holiday Video Will Have You Reaching For Your Cell Phone

    First Round’s Holiday Video Will Have You Reaching For Your Cell Phone

    In the tech world it’s just not the holidays until First Round Capital drops its annual holiday video. It’s that time again, folks. The annual festivities started way back in 2008, the year of our blog. Then it happened again and again. If you’d like to sing along, you’ll find the lyrics below the video. They are most certainly…special. I won’t ruin anything… Read More

  • Squad Expands Your Social Circle With Group-On-Group Action

    Squad Expands Your Social Circle With Group-On-Group Action

    Squad is betting that the best time to meet new people is when you’re already out and about with friends, primed to meet other groups of friends. The New York City startup is officially launching its iOS app today, and it’s also announcing a raise of $1.7 million in seed funding from Lerer Hippeau Ventures and First Round Capital. To use the app, you form a squad with anyone… Read More

  • Abra Raises $12M In Series A Funding For Its Bitcoin-Based Remittance Service

    Abra Raises $12M In Series A Funding For Its Bitcoin-Based Remittance Service

    Abra, a remittance service built on top of the Blockchain, has closed $12 million in Series A funding. Investors in the round include Arbor Ventures, RRE Ventures, and First Round Capital. Total funding to date by the company now totals $14 million. The company’s app, which will launch soon to the general public, lets users around the world transfer funds denominated in any currency at… Read More