HelloWallet Raises $12 Million in Series B
HelloWallet, the Washington, DC based startup that provides people and employees of companies with web based financial planning software has just announced a raise of $12 Million in a Series B round. Morningstar, Inc. invested $6.75 million and TD Fund (TDF) invested $4 Million. The team indicated that existing investors also participated in the new [...]
Revolution Growth Raises $450 Million To Fund East Coast Startups
Steve Case, Ted Leonsis and Donn Davis have just announced investor commitments totaling $450 million in the new Revolution Growth fund. The team plans to use the money primarily to invest in East Coast companies with innovative and disruptive business models that come packed with potential for explosive growth. Given that Leonsis and Case invested [...]
newBrandAnalytics Raises $26 Million in Series B Funding Round
newBrandAnalytics, a Washington, DC (near Gallery Place) based startup that is two years old has just announced their raise of $26 Million in Series B round funds. The company provides social media monitoring for companies that involves algorithms with the goal of distilling customer feedback across these sites into something useful to brand owners. The [...]
ePals Raises $23 Million
According to a report from Tech Journal South, ePals, Inc., a startup company based in Herndon, VA, has raised $23 Million $47.2 Million in new funding. They (Tech Journal South) pointed to this SEC Filing. The company has received investments from Steve and Jean Case, Mitchell Kapor, National Geographic Ventures, Microsoft, Ted Leonsis, Yossi Vardi [...]
Living Social To Be DC’s Next Big Startup IPO
As I was driving to get a cup of coffee in San Francisco this morning I had the radio on and heard yet another radio ad for LivingSocial. The offer they were talking up was 50% off something that sounded like fun. In hearing the ad I could not help but think that there is [...]
*Clearspring Raises $20 Million In Series D Round
This morning Northern Virginia based startup *Clearspring, McLean, VA, announced their Series D raise of $20 million in new funding. The round was spearheaded by Institutional Venture Partners (IVP), but also involved existing investors. IPV is a later-stage venture capital and growth equity firm that has also kicked in funds to companies like Twitter and [...]
StartUp America
Back in September 2009 I wrote a White Paper on actions the US government could take to promote early stage capital investment and new company formation. It was rewarding to write about and it gave me many opportunities to talk with policy makers about the challenges of early stage investing and company formation. A little while [...]
