Will Griffith is no longer with Technology Crossover Ventures, the late-stage venture capital firm he joined back in 2000, Fortune has learned. He had been a general partner since 2003.
Griffith focused on wireless, infrastructure and Internet investments, including Fandango (acquired by Comcast), Tiny Prints (acquired by Shutterfly) and Motricity (MOTR). He also was involved in TCV's Facebook investment and its participation on the leveraged buyouts of Go Daddy Group and MOREDan Primack - Jan 3, 2012 1:48 PM ET
Mu Sigma, a profitable provider of "big data" analytics and decision-support services to large companies, today announced that it has raised $108 million in private equity funding. General Atlantic led the deal, with firm CEO Bill Ford joining the Mu Sigma board of directors. Sequoia Capital, which led a $25 million investment in Mu Sigma just eight months ago, also participated and increased its stake.
I spoke about the deal with MOREDan Primack - Dec 28, 2011 9:40 AM ET
Uptake Medical, a Tustin, Calif.-based developer of non-surgical treatments for lung diseases, has secured around $35 million of a $41 million funding round, according to a regulatory filing. Past backers include Affinity Capital, Arboretum Ventures, GBS Venture Partners, Onset Ventures, Prism VentureWorks, Maverick Captial and WRF Capital. www.uptakemedical.com
OneSun LLC, a Sausalito, Calif.-based energy company focused on ultra low-cost solar based on green chemistry and biomimicry, has raised around $35 million in MOREDan Primack - Dec 27, 2011 10:42 AM ET
By Mark Suster, contributor
I find it amusing when a journalist writes about a prominent startup and decries that, "They're not even profitable!"
I mention journalists because they perpetuate the myth that focusing on profits is always appropriate, and then I hear many entrepreneurs (and certainly many "normals") repeating the same mantra.
There is a healthy tension between profits and growth. To grow faster, businesses need resources in today's financial period MOREDec 27, 2011 9:08 AM ET
By Martin Zwilling, contributor
Most entrepreneurs have learned that it's almost always quicker and easier to get cash from someone you know, rather than angel investors or professional venture capitalists. In fact, most investors "require" that you already have some investment from friends and family before they will even step up to the plate.
You see, investors invest in people, before they invest in ideas or products. Since they don't know you MOREDec 22, 2011 1:07 PM ET
Grove Instruments, a Worcester, Mass.-based developer of a noninvasive glucometer, has raised $6 million in Series B funding. No investor information was disclosed. http://www.groveinstruments.com
Intimate Bridge 2 Conception Inc., a Pittsburgh-based direct-to-consumer medical device company focused on reproductive health, has raised $4.3 million in Series A funding. The deal was led by an unidentified Pennsylvania-based investment group, and joined by PLSG Accelerator Fund. http://www.plsg.com
Cyber-Ark Software, a Newton, Mass.-based information security provider, MOREDan Primack - Dec 22, 2011 9:33 AM ET
Razer, a Carlsbad, Calif.-based gaming hardware startup, has raised $50 million in first-round funding led by IDG-Accel China Capital Fund. www.razerzone.com
Aviir Inc., an Irvine, Calif.-based biotech company focused on cardiac disease assessment, has raised $30 million in new VC funding. The first $10 million is already called down, while the remaining $20 million is contingent on Aviir meeting certain milestones. Merck Global Health Innovation Fund led the round, and was joined by return backers MOREDan Primack - Dec 21, 2011 9:59 AM ET
First Round Capital has become king of the VC holiday videos (at least since Gary Snoman passed away), with infectious dance, song and Spice. This year they (and their portfolio companies) channel their inner Rebecca Blacks:Dan Primack - Dec 20, 2011 12:37 PM ET
While we wait for First Round Capital to send out its annual holiday video (I had heard it was coming later today), the folks over at Battery Ventures have sent over its own offering: An online game called Whack-A-VC.
Sadly it doesn't appear that the whack-able VCs are specific people, but rather just stereotypical cartoons (angry guy, powerpoint guy, etc.). But it's the thought that counts. Go here to play.Dan Primack - Dec 20, 2011 12:35 PM ET
That is not a rhetorical headline, following which I will tell you what happened to a South San Francisco-based pharma company that launched in 2005 with much fanfare and $70 million in venture capital funding. I honestly want to know, because the company seems to have disappeared without a trace.
Cerimon was founded by Paul Sekhri, who at the time had been both a venture capitalist and senior executive at pharma MOREDan Primack - Dec 20, 2011 12:20 PM ET
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