Eric Wolford has been added as a venture partner of Silicon Valley-based venture capital firm Accel Partners. Wolford also sits on the board of BitTorrent and Jut.
Finance/Venture
OAO Sberbank Chief Gref voices support for Bitcoin
Herman Gref, the Chief Executive of state-run Russian bank OAO Sberbank, has called on the Kremlin to prevent restrictions to the Bitcoin as lawmakers consider curbs, Bloomberg reported.
Danville Materials receives $8.5M investment from North Carolina's Triangle Capital
San Ramon, California-based dental equipment designer and manufacturer Danville Materials LLC received an $8.5 million investment from North Carolina-based investment firm Triangle Capital Corp LLC.
US-based accelerator Singularity University to launch $50M venture fund to tackle world problems
California, US-based education center and accelerator Singularity Universtity (SU) will launch a $50-million venture fund later this year for robotics, biotech, and nanotech firms formedy by SU students and faculty.
Venture capitalists believe 2014 will be great for startup firms in need of financing- report
Although there are worries about the shortfall of funding for the venture capital industry, venture capitalists are optimistic that this will continue to be a good year for firms looking to raise money, the U-T San Diego news site reported.
Latest News
Smile Mom, the app that allows moms to share baby photos and family updates with moms living nearby, has raised $1.5 million in seed funds from angel and institutional investors, TechCrunch reported.
According to Preqin, the number of new private equity companies introduced globally last year was at its lowest level in over a decade and a half, The Wall Street Journal blog Private Equity Beat reported.
Dallas, Texas-based luxury specialty department store Neiman Marcus confirmed that 1.1 million debit and credit cards could have been compromised during a malware attack from July 16 to October 30, 2013.
Middle market private equity firms that invest in small and middle-sized companies have a good reason to be bullish as growth is strong in the sector, CNBC reported.
After recently closing a $7.5-million funding round, US-based Bitcoin focused investment fund CoinSeed acquired BitFury's specialized Bitcoin mining hardware for $5 million to build one of the biggest cryptocurrency mining infrastructures in the world.
Cohera Medical Inc, developer of TissuGlu Surgical Adhesive and Sylys Surgical Sealant, received added financing worth $9.3 million to bring its Series D funding total to $26.3 million.
India-based IT training school Koenig Solutions has offered a four-day program to teach students everything there is to know about the digital currency Bitcoin, ZDNet reported.
InterWest Partners led the Series C funding round for content marketing platform NewsCred which raised $25 million. NewsCred's existing backers also participated in the round.
Mercom Capital Group data revealed that venture capital funding for firms in the wind energy industry increased 44.4% to 455 million around the world last year, the Business Started reported.
