The financial side of technology entrepreneurship means that almost from inception, an entrepreneur has to think about and plan his or her sources of financing. Wether you like it or not, startups can merely get a break between rounds of fundraising. It’s hard to know where to start sometimes, so this list should hopefully serve as a friendly primer for London startups.
Ad verification startup DoubleVerify has raised a fourth round of $33 million from private equity fund JMI Equity and Institutional Venture Partners (IVP). According to Ynet, the deal values DoubleVerify at $200 million. JMI knows quite a bit about display advertising, having bought DoubleClick before its $3.1 billion acquisition by Google.
GeekMedia, the company behind the Israeli blog NewsGeek (Hebrew) has launched VentureGeeks, a new incubator program in Israel, which will provide seed funding and mentorship to Israeli startups. The Tel-Aviv based incubator is meant to serve as an accelerator program for startups, following the model of US based Y Combinator. Startups which are admitted to the program will receive up to $20,000 in pre-seed funding, office space, administrative services and advice from a group of mentors. The cost for startups is 10% of their equity.
Back in March, Andreessen Horowitz and Fenwick & West, LLP published a series of documents that would help structure early stage investments in startups. The documents have since been used in many deals already according to the site, SeriesSeed.
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