Venture capital fundraising dipped 35 percent in the first quarter from a year before, raising $4.9 billion, according to Thompson Reuters and the National Venture Capital Association. Forty-two firms raised money, a…
ThreatMetrix Raises $18M to Fight Cybercrime
By Matt Gallagher, Red Herring Cybercrime prevention company ThreatMetrix has raised $18 million in a Series D round of financing led by August Capital. The company produces the Cybercrime Defender Platform, a suite…
Dow Jones: Q1 2012 Most Active IPO Quarter Since 2007
The first quarter of 2012 rang the bell like Wall St. was getting back to business. Dow Jones Venture Source recently released a report that showed Q1 of 2012 as the most…
German Security Company Avira Buys SocialShield
Avira, a German security company, has acquired SocialShield, and will be adding its service to its lineup of free security products, the company recently announced. Terms of the deal were not disclosed.…
UK Mobile Banker Monitise Banks on US Competitor Clairmail
Monitise, the UK mobile banking specialist, has bought its US competitor Clairmail for $173 million. Its a consolidating move that reflects a coming of age in mobile banking. The combined companies will…
Airbnb Buys Crashpadder to Further Expand into Europe Ahead of Summer Olympics
Airbnb has bought Crashpadder, essentially a smaller, UK version of itself. Both companies run online marketplaces in which residences can be rented for short durations. Financial terms of the deal have not…
DST Cooking Up $1 B Tech Fund from $50 M in Facebook Stock
Digital Sky Technologies, an early investor in Facebook, is currently cooking up a $1 billion tech fund, with plenty of incentives to get other investors to show up for the potluck, according…
Spotify Looking to Raise Cash at Massive $3.5B Valuation
Spotify is rumored to be looking for more cash, which logically makes sense as it continually grows users, paying subscribers and its music library. The jaw dropper comes with the valuation it…
Following 2010’s Slump, Israeli VCs Raised $796M in 2011
Half of All Israeli Deals Come from Foreign Funds Following a lackluster year in which Israeli VC funds raised virtually no capital, the sector returned in 2011 to raised $796 million, according…
Amazon Buys Kiva Systems for Robot-Coordinated Order Filling in $775M Deal
Amazon is buying Kiva Systems, an order fulfillment company in the spirit of R2D2, for $775 million in cash. Kiva has created a system of order fulfillment that uses hundreds of autonomous…