Despite the ominous predictions saying that VC funds will have difficulty raising more money this year, Lightspeed Venture Partners has announced the closing of its eight fund (Lightspeed Venture Partners VIII), oversubscribing its $675 million target by $125 million reaching a grand total of $800 million. The recent round puts Lightspeed Ventures at $2 billion …
Continue reading “Lightspeed Venture Partners Oversubscribes Its Eight Fund, Raised $800M”
Canaan Partners led the $20.4 million funding round of Israeli startup Prime Sense Inc. Gemini Israel Funds and Genesis Partners, prior investors in PrimeSense, also participated in this second round. I first wrote about PrimeSense on VC Cafe when they presented at CES this January. PrimeSense is in fact a gaming company, creating technology that …
Continue reading “Gaming Chips: PrimeSense Closes $20M in Round B”
One of my favorite blogs in Hebrew, thecoils, has posted a comprehensive overview of the venture capital and M&A activity of Israeli companies and funds in 2007, as well as some predictions for 2008. For those who can’t read Hebrew, I translated and summarized the main points from the post and added a few bits …
Continue reading “Wrapping the Israeli internet scene in 2007”
It’s not very often that two Israeli venture funds complete closing for additional funds, but after all it shouldn’t surprise anyone. Israel has been ranked among the four most preferred global target markets for US venture capital funds and earmarked for high-quality deal flow, according to a global survey by accounting and consultancy firm Deloitte …
Continue reading “Signs of a tide: two Israeli venture funds raise capital”
