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{ Daily Archives }
Though this commentator portrays this as an old dog learning new tricks, Angel investors have been offering this form of investment vehicle for years.
Charles River Ventures introduces friendly “convertible” seed round
Who says old dogs can’t learn new tricks… CRV, one of the oldest venture partnerships in the country, has launched a program they are calling Quickstart to seed invest up to $250k in the form of convertible loans.
from The Wannabe Venture Capitalist
Launches:
- Six Apart launches VOX
- Chinese Facebook Clone Formed
- MingleNow launched new bar/restaurant social networking site
Fundings:
- Tablus takes on a $16mm second round
- SkyRider takes on $12mm for P2P search
- Edgeio takes on an additional $5mm
- GotVoice takes a $3mm series A for web based voicemail management
- Synacor takes $17mm for Portal Content Distribution
- eyespot raises $3.7mm for online flash video editing
- MindCandy takes $7mm for online gaming
- Coveo takes on $6mm series A for secure enterprise search
- Music Blog Stereogum.com takes money from Bob Pittman’s Pilot Group
- eBuddy announces 5mm euros in funding
- iCopyright gets $2mm third round
- Maya’s Mom raises angel round
- vSocial raises $1.5mm
- TopTenSources raises $3.5mm and acquires blogniscient
- CardPricer.com raises $100k for baseball card pricing
- SpotRunner raises $40mm more
- Monitor110 gets $11mm third round
- eSnips raises $2mm for media sharing site
Here is an interesting post by Howard Morgan of the Acara Group on his view of VC fads.