After nabbing Accel partner Adam Valkin for its Boston office, General Catalyst is announcing another new investment partner–Steve Herrod. → Read More
Earlier today, after nearly a year in development, Omada Health launched to bring diabetes prevention online in an effort to help fight obesity in the U.S. NatureBox wants to do its part, too, and is now announcing that it has closed $2 million in seed funding to accelerate its business and help anyone and everyone discover healthier eating options. → Read More
While organized hackathons and startup-building events have begun to sprout up across the globe thanks to companies like AngelHack and Startup Weekend, university-focused hackathons remain underrepresented. General Catalyst, the veteran venture capital firm based in Massachusetts and Palo Alto, wants to change that. General Catalyst, in partnership with hacker event specialist Signalfire, has… → Read More
In September, defense contractor Raytheon announced an agreement to purchase R&D innovator BBN Technologies, but didn’t say for how much. Today, the deal closed and the price came out. It is $350 million.
Investors Accel Partners and General Catalyst Partners, who co-led a management buyout in 2004, made out very nicely. Accel says that its cut was more than $100 million, which suggests it… → Read More
Chris Hughes, the Facebook co-founder who left the social networking company two years ago to head up Barack Obama’s enormously successful Web outreach campaign, is coming back to the startup world as an Entrepreneur-in-Residence at General Catalyst Partners. He will divide his time between Boston and New York. His role at the VC firm will be to work closely with young entrepreneurs and guide… → Read More
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