VC funding of cybersecurity companies hits record $5.3B in 2018

2018 wasn’t all bad. It turned out to be a record year for venture capital firms investing in cybersecurity companies. According to new data out by Strategic Cyber Ventures, a cybersecurity-focused investment firm with a portfolio of four cybersecurity companies, more than $5.3 billion was funneled into companies focused on protecting networks, systems and data across … Read moreVC funding of cybersecurity companies hits record $5.3B in 2018

A look at Birdies, the popular slipper shoe startup that just raised $8 million more from investors

Bianca Gates is a first-generation American, her parents having immigrated to the U.S. from Latin America. As such, she says, after graduating from UC Irvine, she was expected to get a safe job with a 401(k) plan and to live with her parents until she was married. Things haven’t gone exactly that way, but one can … Read moreA look at Birdies, the popular slipper shoe startup that just raised $8 million more from investors

Redpoint Ventures is raising another $400M to invest in Chinese companies

Redpoint Ventures is doubling down on China. The firm, headquartered in Menlo Park, has filed documents with the U.S. Securities and Exchange Commission to raise $400 million across two new China-focused funds. The firm has set a $300 million target for its second flagship China fund, a significant increase from the $180 million it garnered … Read moreRedpoint Ventures is raising another $400M to invest in Chinese companies

Resolute Ventures sticks to its knitting with $75 million fourth fund

Resolute Ventures, an early-stage firm with offices in San Francisco and Boston, just closed its fourth fund with $75 million. It’s an almost shockingly conservative amount of capital in today’s era of big-is-better funds. And with valuable companies like the real estate startup OpenDoor, the applicant tracking system company Greenhouse and the dog products company … Read moreResolute Ventures sticks to its knitting with $75 million fourth fund

Lance Armstrong just wrote his first check as VC

Lance Armstrong revealed last month that an early investment in Uber — courtesy of a $100,000 check that he funneled into the company in 2009 through Lowercase Capital — “saved” his family from financial ruin. This was after evidence surfaced in 2012 that he used performance-enhancing drugs and he was stripped not only of his … Read moreLance Armstrong just wrote his first check as VC

BlueRun Ventures closes on $130M, promotes Cheryl Cheng to GP

Silicon Valley venture capital firm BlueRun Ventures has lassoed $130 million in capital commitments for its sixth fund. The firm invests in early-stage mobile software and financial services companies, including online lending platform Kabbage and navigation tool Waze. BlueRun has also announced the promotion of Cheryl Cheng to general partner. Cheng joined the outfit in … Read moreBlueRun Ventures closes on $130M, promotes Cheryl Cheng to GP

Riding the RV revolution, Outdoorsy fuels up with $50 million in fresh funding

Outdoorsy is building for the road ahead. The three-year-old company, which connects customers with underused RVs and other trucks big enough to camp in overnight, just raised $50 million in Series C funding led by Greenspring Associates, with participation from earlier backers Aviva Ventures, Altos Ventures, AutoTech Ventures and Tandem Capital. That puts its total funding, … Read moreRiding the RV revolution, Outdoorsy fuels up with $50 million in fresh funding

Opendoor competitor Knock raises $400M

Home trade-in platform Knock has brought in a $400 million investment to accelerate a national expansion and double its 100-person headcount. Foundry Group has led the Series B funding round in New York-based Knock, with participation from Company Ventures and existing investors RRE Ventures, Corazon Capital, WTI and FJ Labs. Knock co-founder and chief executive officer … Read moreOpendoor competitor Knock raises $400M

Peter Thiel’s Valar Ventures targets $350M for new funds

Valar Ventures, one of the three venture funds co-founded by Peter Thiel, has filed paperwork with the U.S. Securities and Exchange Commission to raise $350 million across two new funds. The PayPal co-founder and billionaire investor in Facebook and SpaceX is also behind Founders Fund and Mithril Capital Management. Valar, a New York-based firm, plans to … Read morePeter Thiel’s Valar Ventures targets $350M for new funds

President Bolsonaro should boost Brazil’s entrepreneurial ecosystem

Romero Rodrigues Contributor More posts by this contributor Brazil’s fintech boom offers new vertical opportunities for investors Brazil’s tech-sector bright spots beckon as it begins to emerge from long economic crisis In late October following a significant victory for Jair Bolsonaro in Brazil’s presidential elections, the stock market for Latin America’s largest country shot up. Financial … Read morePresident Bolsonaro should boost Brazil’s entrepreneurial ecosystem