Posted by admin! / Under General Catalyst Partners
OLX has succeeded to raise $5million in C series funding from different investors including DN Capital, General Catalyst Partners, Founders Fund and Bessemer Venture Partners. During April 08, these guys raised nearly $13.5m in B series funding from the same above stated investors.
Published on Thursday 11th of March 2010 01:30:35 AM
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Posted by admin! / Under General Catalyst Partners
Chris Hughes, a founder of Facebook Inc. who later deployed the website My.BarackObama.com to build an online network for the presidential campaign, will be joining the Cambridge venture capital firm General Catalyst Partners as an entrepreneur in residence.The move is a part of the firm's effort to build a new generation of digital media
Published on Thursday 11th of March 2010 01:30:35 AM
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Posted by admin! / Under General Catalyst Partners
Web 2.0 startups shouldn’t bother seeking VC money, according to Neil Sequeira of General Catalyst Partners, because “there have not yet been these type of exits that generated venture capital type returns”.
Published on Thursday 11th of March 2010 01:30:35 AM
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Posted by admin! / Under General Catalyst Partners
JumpTap raises $26 million in Series D funding round. The angel funding is supported by AllianceBernstein (AB) along with the contribution of all exiting investors such as General Catalyst Partners, Summerhill Venture Partners, Redpoint Ventures, Valhalla Partners, and ad conglomerate WPP.
Published on Thursday 11th of March 2010 01:30:35 AM
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Posted by admin! / Under General Catalyst Partners
In the Cambridge and Boston area “GreenTech” start-ups including Mascoma, GreatPoint Energy and GreenFuel have seen investments from (patient) investors including General Catalyst Partners, Polaris Ventures, Khosla Ventures and Kleiner Perkins Caufield & Byers.
Published on Thursday 11th of March 2010 01:30:35 AM
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Posted by admin! / Under General Catalyst Partners
According to co-founder Fabrice Grinda, “OLX is probably the largest classified site no one has ever heard of.” And now it’s also the most funded classified site no one has ever heard of, having secured an additional $13.5M in Series B funding today from General Catalyst, Bessemer Venture Partners, Founders Fund, and DN Capital.
Published on Thursday 11th of March 2010 01:30:35 AM
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Posted by admin! / Under General Catalyst Partners
The Chinese version of YouTube landed $19mm in funding from heavy-hitters General Catalyst Partners, reported the Red Herring yesterday. Only will tell if a country-focused offering brings any value, even in a market as big as China.
Published on Thursday 11th of March 2010 01:30:35 AM
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Posted by admin! / Under General Catalyst Partners
"Web 2.0 refers to Web sites that focus on user-generated content and mash-ups, such as Digg, YouTube and Flickr. Start-up companies in this category do not need as much money as start-ups did during the Internet boom of 1999, according to Neil Sequeira of venture capital firm General Catalyst Partners."
Published on Thursday 11th of March 2010 01:30:35 AM
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Posted by admin! / Under General Catalyst Partners
New investor WI Harper Group led the $8M round completed last week, joining existing investors General Catalyst Partners, Sofinnova Ventures, Mitsui & Co. Venture Partners, and other private investors.
Published on Thursday 11th of March 2010 01:30:35 AM
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