Venture Capital News

“DisplayLink is successfully driving this shift, which is reflected in the strong support we have from our world-class investors.”

DisplayLink Inc., the developer of semiconductors and software for network display applications, has raised $24 million a Series C round, bringing to $51 million the total venture capital funding raised since ... via EETimes

“It will especially affect early-stage companies that represent the highest investment risk but that also create the most jobs and opportunities for the American economy.”

The legislation doubles the tax bite for venture capitalists, but extends a research & development credit. via Eweek

TechTarget Inc. has acquired KnowledgeStorm Inc. , an Alpharetta, Ga.-based provider of qualified leads for IT vendors. via PE Hub

“As more consumers rely on the internet to help them decide where to shop, local businesses need to develop an online strategy to thrive”

IAC and Square 1 Bank were joined by return backers like MerchantCircle, the largest and fastest growing online network of local business owners in the nation, today announced it has received $10MM in Series B ... via PE Hub

MountainView Capital Holdings, LLC announced today that it has closed on a $65 million common equity capital raise. via Venture Capital Access Online

Whenever I read about a company paying tons of cash to acquire another, I always wonder how the millions or billions of dollars is delivered. via MarketWatch

“We don't want to build a clone of Silicon Valley, we know that wouldn't work. But we believe we can learn how to avoid some of Silicon Valley's problems and eliminate its bottlenecks”

Monday I met with a Russian delegation that is part of an ambitious Russian government program investing billions of dollars in creating several Silicon Valley type innovation regions across Russia. via SiliconValleyWatcher.com

“Russia has already established itself as a major customer market for the world's leading technology companies”

The Russian Venture Company, a Russian government fund of venture funds, has said it plans to double the amount of money available for investment in startup companies in 2008 from 15 billion rubles to 30 ... via EETimes

The National Venture Capital Association is fighting a tax overhaul that, as proposed, could deal a harsh blow to their business model.

Rep. Charles Rangel, D-N.Y., last month proposed a tax overhaul bill that, among other things, would eliminate a tax law dating to 1969, called the Alternative Minimum Tax. The tax was intended to prevent the super wealthy from using loopholes and other maneuvers to avoid paying their fair share of taxes. The problem is that it was not inflation-adjusted. Over the years, growing numbers of middle-class citizens have been hit by the AMT. This year, the number of taxpayers included in the AMT provision will skyrocket to 23 million, from 3.5 million, unless Congress acts. Congress is expected to take some action, though a permanent solution might not yet be in the cards. Read more

“It costs your time, it costs a lot of sleepless nights.”

There are a few hurdles between Landy Ung and her dream of growing her startup into a household name. via News Observer

A deal struck in April had Providence taking 56 Click for the lowest price on dmnobieblank television ');" onMouseOut="setTimeout ',500);" class=hotlink2>television stations in 24 markets from Clear Channel for ... via BroadcastNewsroom

“This would still be consistent with the results of the demo, since the decohering qubits would act like classical random bits, and the adiabatic computer would act like a classical computer implementing simulated annealing.”

Company says a scientist from Google will join in with an image recognition algorithm at the SC07 supercomputing conference. via CNET News.com

“We need brains, talent and professional advice. This is what we expect the partners to contribute...Russia is the last frontier.”

The Kremlin plans to sink more than $1 billion into tech start-ups via top-tier VC firms. via CNET News.com

“Unless more attention is paid by the government to this area we do not expect any major improvements in this area for the next five to ten years”

Venture capitalists are seeking investment opportunities in Ukraine's growing economy but the domestic venture capital market remains seriously underdeveloped, mainly due to the lack of Western-style venture ... via Kyiv Post

“If for some reason the deal does not close we would look forward to keeping these terrific assets in the Clear Channel family.”

Providence Equity Partners is considering withdrawing from a $1.2 billion deal to buy the television assets of radio operator Clear Channel Communications Inc., a source familiar with the situation said on ... via XtraMSN Real Estate

“The ENSIS shareholders will benefit from our expertise in the venture capital industry and GrowthWorks will get a foothold in the Manitoba market.”

GrowthWorks Manitoba Ltd. is pleased to announce the successful completion of the acquisition of ENSIS Management Inc., manager of ENSIS Growth Fund. via Market Wire

By Oly Villegas Posted on November 6, 2007 YouMail, Inc. has raised $4.5 million in series A funding from VantagePoint Venture Partners . via 901am

The Roles and Motivations of Key Players in Venture Capital Deals is an authoritative insider's perspective on the venture capital industry for both VCs and entrepreneurs, with a focus on understanding the ... via PR-inside.com

After a spate or rumors, AOL has officially announced it is buying Quigo. Reuters puts the amount of the buyout at $340M. Quigo has said it intended to file an IPO at some point. via Alarm

VeriSilicon Holdings , a provider of a "system-on-a-chip" design technology, said it has raised US$20 million in a fourth round of financing. via VentureBeat