Venture Capital News

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.

Offering mediation, yoga and other "lifelong learning" classes online, new startup Popexpert wants to make self realization as convenient as launching a browser.

The woman in charge of $30 billion in custom venture capital funds apparently has a special place for the $600 million of it that's under management in Michigan.

Virtualization software and data center storage solutions company Atlantis Computing disclosed last week it raised $20 million in Series D funding and said it plans to use the money to bolster its channel efforts and expand globally.

The Austin-based company disclosed that investors included Austin Ventures LP and several angel investors, according to a Tuesday news release .

Oncopeptides AB, a company working to enhance oncology therapies, today announced the conclusion of a series A financing round intended to fund the phase II program.

Two of the nation's largest food takeout and delivery startups have merged, creating a supersized operation that is poised to gobble up even more companies.

David Karp's payday from the $1.1 billion sale of Tumblr to Yahoo is $253 million.

Big data analytics software company Alteryx has raised $12 million in venture financing, funding the company plans to use to expand its sales and marketing efforts, accelerate its international expansion and continue its product development work.

The surging popularity of bitcoin has some brand-name venture capitalists investing real money in the controversial virtual currency.