Venture Capital News

It should be easy. I've covered the place for years. Entire books have been written about the innovative ecosystem of collaboration, venture capital, risk-taking entrepreneurs and change-embracing immigrants.

Google Inc. , maker of the Android operating system, is considering buying map-software provider Waze Inc., setting up a possible bidding war with Facebook Inc., people familiar with the matter said.

HP is facing the decline of several key businesses, but it still has talented engineers and execs that are coveted by other enterprise tech vendors.

Benjamin Ling, a well-known Silicon Valley Web executive and "angel" investor in young startups, is now a member of the investment staff at venture-capital firm Khosla Ventures.

Ride-sharing service Lyft said it had raised $60 million from venture-capital firm Andreessen Horowitz, underscoring the growing appeal of services that tap into consumers' willingness to share goods and services for a fee.

WibiData, formerly known as Odiago, raised $15 million in Series B funding for software that lets businesses deliver personalized applications to their customers by sifting through large amounts of data to predict how those customers are going to behave.

Silicon Valley venture capitalists tempered their enthusiasm for investing in the first quarter, though only modestly, as software and Internet startups continued to spark spirited check writing, according to a study from Fenwick & West.

Private equity firm Apax Partners will acquire teen-apparel retailer rue21 Inc in a deal valued at about $1.1 billion, adding to a retail portfolio that includes Cole Haan and Takko Fashion.

Somesh Dash joined Institutional Venture Partners in March of 2005. He focuses primarily on later-stage investments in Internet, software, wireless, and technology-enabled services companies.

Wayne State University said Wednesday it had received notice of a $820,398 grant from the New Economy Initiative for Southeast Michigan that will continue to support the Technology Commercialization Office's efforts to expand and improve the university's entrepreneurial culture and technology commercialization results.

Microsoft has been quietly operating a group inside its Redmond, Wash., headquarters called Yammer North in an effort to integrate Yammer into its vast software business, Venture Capital Dispatch has learned.

First Aid Shot Therapy said on Wednesday that it has completed a Series A financing round.

As panelists and speakers at the Michigan Growth Capital Symposium in Ypsilanti continued to deliver good news and positive predictions about investment in area startups, one Ann Arbor technology company offered a concrete example for its optimism.

There are lots of myths about venture capital and biotech in particular, as noted previously on this blog.

Solamere Capital , the private equity fund-of-funds and co-investment firm co-founded by Mitt Romney's eldest son, Taggart Romney , has begun raising its second vehicle, Solamere Capital Fund II LP, according to a government filing.

Limited partners had a chance to praise and lambaste the venture industry during a no-holds-barred panel at the National Venture Capital Association's VentureScape annual meeting last week.

The 30-employee startup will begin operating a new mobile app and a food delivery vehicle, called the "EAT Bus," on Wednesday in San Francisco.

It shouldn't have come as a great shock to anyone that Dell' s fiscal first-quarter results, reported Thursday, were rather dire.

Skyhigh Networks, a Cupertino company that aims to help customers keep track of which cloud-based software their employees are using, on Wednesday will announce a $20 million funding round from Sequoia Capital and Greylock Partners.

CUPERTINO, CA, May 22, 2013 -- Skyhigh Networks, the cloud visibility and control company, today announced that it has received $20M in Series B financing.