It’s that time of year again.
Santa spottings are going down in malls across the country, Christmas lights are hung, and Eggnog and Gingerbread are all over the menu at Starbucks. But it wouldn’t be complete with First Round Capital’s fifth annual Seasons Greetings video card.
Carla Holtze is the co-founder of Have-to-Have, which is offically launching later this week. She calls it “a digital shopping platform” that allows consumers “to save, share and shop for any product that they find across the web.” Carla signed-up for Founder Office Hours with Hunch co-founder Chris Dixon and First Round Capital’s Josh Kopelman.
Her first question revolved around… → Read More
New York City startup BankSimple today disclosed that it raised its first venture funding in a round led by First Round Capital, Roger Ehrenberg’s IA Ventures, and Village Ventures, along with seed investors SV Angel (Ron Conway) and Nauiokas Park, and Jerry Neumann. But it did not disclose how much it raised. I’ve confirmed that the round was $2.9 million, with an additional $190,000 raised… → Read More
BillFloat, a San Francisco-based startup incubated by PayPal and Venrock, has raised $4.5 million in a Series A round led by First Round Capital, with renewed participation of PayPal and Venrock and joined by early-stage funds and angel investors such as Jeff Clavier’s SoftTech VC, Ron Conway’s SV Angel and Mint.com board member Mark Goines.
When we last wrote about SafetyWeb in November, they hadn’t launched yet. Still, that didn’t stop Battery Ventures from pumping in a $750,000 angel round of funding. Now they’re about three months post-launch and investors are clearly liking what they’re seeing as the service has just raised another $8 million.
SafetyWeb is a services that allows parents to monitor their children’s activity on… → Read More
Mobile video advertising startup Transpera has completed its Series C financing round, totaling $9 million. The round was led by BlackBerry Partners Fund, an independent venture capital firm that works in collaboration with Research In Motion and backs companies focused on building and selling applications, services and supporting infrastructure for mobile computing.
Online educational technology startup Knewton has completed a $12.5 million round of funding led by New York City-based VC firm FirstMark Capital, after securing a $6 million Series B round of financing a little over a year ago.
The ash cloud over Europe is proving a nightmare and a boon for some startups. It’s certainly a nightmare for startup teams traveling to events, like GeeknRolla on Tuesday. (And on that note, please now follow @GeeknRolla where we will sharing information on the event and helping you get to London). But if you are in London tomorrow (Sunday) you have a rare opportunity, and it’s thanks to the ash… → Read More
70% of users on the web do not speak English. Considering how many web sites and services are done entirely in English, obviously, this is a problem. Smartling thinks it has the solution. And now they have $4 million in funding to prove it.
PackLate.com, a new startup that aims to make it easier for people to book affordable vacation rentals online at the last minute, recently raised $685,000 in seed funding from Philadelphia-based Genacast Ventures, First Round Capital, ETF Venture Funds and angel investors.
What the fledgling company is trying to accomplish is to fill a gap in the vacation rental market by building a website where… → Read More
Are you a budding Web entrepreneur who would like some pointers or advice from seasoned company founders? MayField Fund and First Round Capital are sponsoring a raffle to give away mentoring sessions with the founders of Digg (Jay Adelson), Flickr (Caterina Fake), Mint (Aaron Patzer), Ning (Gina Bianchini), Slide (Max Levchin), and Zynga (Mark Pincus).
The raffle will take place at a private… → Read More
In case it wasn’t obvious, being an entrepreneur is risky business. Even those that get investments have a relatively small likelihood of a successful exit. So early-stage investment firm First Round Capital has a plan to alleviate some of the risk: an entrepreneur’s exchange fund.
For those not aware, an exchange fund in this regard is exactly what it sounds like: company founders are given the… → Read More
One Kings Lane, an e-commerce startup that operates a private sales website dedicated to home furnishings, decor, and related products, has raised an undisclosed amount of funding in a round led by Kleiner Perkins Caufield & Byers, with First Round Capital and angel investor Reid Hoffman participating.
One Kings Lane was started by Susan Feldman and Alison Gelb Pincus, who took notice of the… → Read More
Sequoia Capital has led a second round of funding for Outright, provider of a free and drop-dead simple online bookkeeping service, investing $5 million in the fledgling company together with returning backers First Round Capital, Shasta Ventures and SoftTech VC.
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
Online educational startup Knewton has raised $6 million in Series B financing from Bessemer Venture Partners and returning investors, which include VC firms Accel Partners and First Round Capital as well as several angel investors who had participated in the $2.5 million Series A round from May 2008, such as LinkedIn founder and CEO Reid Hoffman and Zenbe co-founder Peter Stern.
The company… → Read More
What are venture capitalists looking for? If you are a startup entrepreneur looking for funding, it’s always a good idea to know what investment themes a VC is interested and tailor your pitch to those themes. Yesterday morning, I saw presentations from three venture firms—Union Square Ventures, DFJ Gotham Ventures, and First Round Capital—at an event hosted by the Media Kitchen. Each of… → Read More