Because every VC’s inbox is overflowing with pitches, and because VC’s don’t take meetings with just anyone, SoftTech VC’s Jeff Clavier, (who just raised $55 million for his third fund) offers advice to founders who hope to cut through the clutter, schedule a meeting, and score some financing from prominent investors. → Read More
At the top of this Founder Stories episode featuring SoftTech VC’s Jeff Clavier, Chris Dixon mentions much has been written about the “Series A Crunch.” It’s the occurrence of seed stage companies hitting the end of their initial funding cycle at roughly the same time and having to compete for big checks from a limited supply of VC. There’s just not enough money or VC interest to keep all… → Read More
It looks like Jeff Clavier‘s venture fund SoftTech VC has just raised $15 million out of $35 million for a new fund, SoftTech VC III according to an SEC filing. In addition, it appears that Charles Hudson has joined as a partner in the fund. Update:Clavier has officially announced that Hudson has joined SoftTech as a venture partner.
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.
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.