May 7th, 2013

CircleUp, An Investment Platform For Non-Techie Consumer Startups, Raises $7.5M Led By Union Square

circleup logo

CircleUp, a startup that connects investors with retail and consumer companies that wouldn’t attract traditional venture funding, has raised a $7.5 million Series A.

The round was led by Union Square Ventures. New backer Google Ventures also participated, as did previous investors Rose Park Advisors, Maveron, and David Topper. Union Square’s Andy Weissman is joining the CircleUp board, while… → Read More

October 13th, 2011

Union Square Ventures, Others Invest In Alternative Search Engine DuckDuckGo

ddgo

In a blog post, Union Square VenturesBrad Burnham just announced that the firm has invested in DuckDuckGo, a startup building a nifty search engine with less clutter and more privacy.

Scott Banister, Jim Young, Jeff Miller, Joshua Schachter, Kal Vepuri, Joshua Stylman and Peter Hershberg also invested in the round, writes founder and CEO Gabriel Weinberg. → Read More

SecondMarket - VCs
July 26th, 2011

Sequoia,Accel,AndUnionSquareTopSecondMarket’sNewVCScoreboard

Demand for private company shares declined in the second quarter versus the first quarter but was up sharply year-over-year, according to a new report released today by SecondMarket. The market for private company stock saw $112 million in transactions last quarter, versus $156 million in the first quarter, or down 39 percent sequentially. On an annual basis, however, it was up 120 percent over… → Read More

May 23rd, 2011

Fred Wilson More Or Less Confirms Twitter Stock Sale, Says Secondary Sales Often "Prudent"

To kick off TechCrunch Disrupt today in New York, Erick Schonfeld took the stage to interview investor Fred Wilson, of Union Square Ventures. For background, Wilson was early investor in Twitter, Zynga, Foursquare, Tumblr, and Etsy and is also a prolific blogger.

Wilson sort of revealed that Union Square Ventures has sold some of its stock in Twitter. When Schonfeld asked if he sold stock in… → Read More

March 20th, 2011

Is Late Stage the New Early? Behind the Staggering Return of the $1B Venture Fund

In Silicon Valley it’s not just who you invest in that matters– it’s also when you invest in them. The earlier the investment, the riskier the bet. But the more jawdropping the returns if the company hits it big. It’s so lopsided, that typically just 5% of those unsure early bets create some 95% of the entire venture industry’s returns. Miss one of them, and it haunts you for years. Snag it, and… → Read More

February 19th, 2011

(Founder Stories) Fred Wilson, The Full Interview

What was the best business decision VC Fred Wilson ever made? What was the worst? What part of his job does he dislike the most? The answers might surprise you. In the video above, Wilson answers some rapid fire questions (delivered in a not-so-rapid fashion) from Founder Stories host Chris Dixon.

The clip is an outtake from the interviews segments we ran a week ago, in which Wilson talks… → Read More

February 12th, 2011

(Founder Stories) Fred Wilson Explains Why He Wouldn't Invest In Groupon Or Pandora

Few VCs have a hotter hand right now than Fred Wilson. His firm, Union Square Ventures, is an investor in Twitter, Zynga, Foursquare, Tumblr, Etsy, Clickable, and more . In this episode of Founder Stories, he talks to host Chris Dixon about Union Square’s investment thesis has changed from going after all web apps to companies that are “building a large networks of engaged users.” (Watch the… → Read More

February 10th, 2011

(Founder Stories) Fred Wilson On Frothy Valuations

With acquisition feelers out to Twitter for a reported $8 billion to $10 billion, bubble talk is once again the topic of discussion. It’s a recurring theme, and on this episode of Founder Stories venture capitalist Fred Wilson talks to Chris Dixon about the frothy valuations in Techland. Wilson is careful not to use the word “bubble,” but this is familiar ground for him. He he has been vocal→ Read More

January 15th, 2011

Union Square's New $165 Million Fund Is All About Growing With The Network

Back in December, we spotted an SEC filing indicating that Union Square Ventures was raising between $135 million and $200 million for a new “Opportunity Fund.” The offering wasn’t complete and the firm could not discuss it, but today partner Fred Wilson explains in a post what the new fund (which ended up being a $165 million fund) is all about.

The fund is not about going after different… → Read More

December 28th, 2010

Union Square Ventures Is Raising A New $200 Million Opportunity Fund

Union Square Ventures is raising $200 million for a new fund called the Union Square Ventures Opportunity Fund LP. According to an SEC filing, the VC firm already raised $135 million for the fund from 19 investors. The last time Union Square raised money was for its $156 million Union Square Ventures 2008 LP fund.

Union Square Ventures is the leading early stage VC firm in New York City led by… → Read More

November 18th, 2010

Zemanta Raises $3 Million From Union Square, Eden, To Help You "Blog Smarter"

Exclusive – Zemanta, which assists bloggers by providing tips, suggesting content and helping them promote their contributions to the world, has recently secured its largest venture capital round to date. Previous investors Union Square Ventures and Eden Ventures have injected another $3 million into the European startup, bringing its total of capital raised since its inception to roughly $6… → Read More

August 26th, 2010

Index Ventures Buys Into Etsy, Triples Valuation To Nearly $300 Million

Crafty commerce site Etsy just raised another $20 million in its fifth venture round (that would be the Series E). Index Ventures is the new investor leading the round, with partner Danny Rimer getting an observer’s seat on the board. (The board is made up of founder Rob Kalin, Caterina Fake, Accel partner Jim Breyer and Union Square Ventures partner Fred Wilson). Previous investors Accel and… → Read More

July 28th, 2010

Patent Trolling Doesn't Pay: Intellectual Ventures Shows A Negative 73 Percent Return

You can always count on Hunch founder Chris Dixon for interesting Tweets.  He just sent out this one:

turns out patent trolling might not pay. Intellectual Ventures has negative 78% return.http://bit.ly/bSfamC

The link is a PDf download of a document from the University of Texas Management Company listing all of its private investments in venture funds and private equity funds, along with their… → Read More

June 29th, 2010

Foursquare Closes $20 Million Series B From Andreessen Horowitz, Union Square, And O'Reilly

Foursquare, the geo-mobile startup everybody tried to invest in or buy, now has officially closed its Series B funding round. The “wire transfer heard ’round the world,” as board member Bryce Roberts puts it, was for $20 million, giving the company a $95 million pre-money valuation. The round was led by Andreessen Horowitz, as previously reported, with existing investors Union Square Ventures and… → Read More

June 12th, 2010

Andreessen Horowitz To Win The Foursquare Investor Badge

A months long fundraising process for Foursquare is in its last stages, we’ve heard from multiple sources, and Andreessen Horowitz looks to be preparing to check-in to Foursquare to take an investor badge.

The company has delayed committing to new venture capital as they considered buyout offers – negotiations went deep with both Yahoo and Facebook, and possibly Microsoft. The Yahoo discussions → Read More

April 20th, 2010

Union Square, Spark Capital Double Tumblr's Funding To $10 Million

Microblogging startup Tumblr, based out of New York, has raised $5 million more from the same investors who’d already bankrolled the company with a little over $5 million over two previous rounds, namely Union Square Ventures and Spark Capital.

The financing round, Tumblr’s third, was first reported by MediaMemo and comes at a time when the three-year-old startup is starting to push a bunch of… → Read More

September 4th, 2009

Confirmed: Foursquare Gets $1.35 Million To Play With From Union Square And O'Reilly AlphaTech

As we alluded to two days ago, the location-based social network Foursquare has just raised its first round of funding. PaidContent found out about the seed round through an SEC document, and we’ve confirmed the round with the company.

As expected, Union Square Ventures is one of the investors, but also participating in the round is O’Reilly AlphaTech Ventures, and some angel investors, that… → Read More

August 12th, 2009

Boxee Watches $6 Million More In Funding Stream In

Boxee, the media center software startup, has won a lot of fans with its open approach to streaming content. And as a result it has won some more money, to the tune of a $6 million second round, led by Boston’s General Catalyst Partners. The new money will be used for growth: Both expanding the team and expanding the service’s reach in the market, we’re told.

But why now? After all, Boxee raised… → Read More

June 25th, 2008

Structural Change Is Always a Good Theme to Invest In

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