BETA: The Capitalization Report v20.11.03


KEYWORDS: TVM Capital Life Science, Salesforce Ventures, Thoma Bravo, NTTVC, T-Mobile Ventures, Brighteye Ventures, China Creation Ventures, OpenView Venture Partners, True Ventures

NEW FUNDS

TVM Capital Life Science, a Munich, Germany and Montreal, Canada-based life sciences venture capital firm, closed its latest fund, at US$478m

Salesforce [NYSE: CRM], the global leader in CRM, launched a second $100m Impact Fund from Salesforce Ventures, the company’s global strategic investment arm 

Thoma Bravo, a private equity firm focused on the software and technology-enabled services sectors, completed the fundraising for three funds totaling more than $22.8 billion in capital commitments 

NTTVC, a Palo Alto, Calif.-based venture capital firm formed in collaboration with NTT, launched a $500m fund 

T-Mobile (NASDAQ: TMUS) has launched T-Mobile Ventures, a new multi-year investment fund focused on early and emerging growth companies developing 5G products and services for the T-Mobile network 

Brighteye Ventures, a Luxembourg-based edtech venture capital firm with offices in London and Paris, announced its $54m first close of its second fund

China Creation Ventures, a Beijing, China-based venture capital firm, closed its second USD fund, at over $300m

OpenView Venture Partners, a Boston, MA-based venture capital firm focused on business software, closed its sixth fund, at $450m

Menlo Park, Calif.-based venture capital firm Menlo Ventures launched a flagship $500M fund

True Ventures, a Palo Alto, CA-based venture capital firm, closed two funds amounting in total to $840m

BETA: The Capitalization Report v201027 Funds


KEYWORDS: NTTVC, T-Mobile, Brighteye Ventures, China Creation Ventures, OpenView Venture Partners, Menlo Ventures, True Ventures

NEW FUNDS

NTTVC, a Palo Alto, Calif.-based venture capital firm formed in collaboration with NTT, launched a $500m fund

T-Mobile (NASDAQ: TMUS) has launched T-Mobile Ventures, a new multi-year investment fund focused on early and emerging growth companies developing 5G products and services for the T-Mobile network 

Brighteye Ventures, a Luxembourg-based edtech venture capital firm with offices in London and Paris, announced its $54m first close of its second fund

China Creation Ventures, a Beijing, China-based venture capital firm, closed its second USD fund, at over $300m

OpenView Venture Partners, a Boston, MA-based venture capital firm focused on business software, closed its sixth fund, at $450m

True Ventures, a Palo Alto, CA-based venture capital firm, closed two funds amounting in total to $840m

Menlo Park, Calif.-based venture capital firm Menlo Ventures launched a flagship $500M fund

PRESS RELEASE

MENLO PARK, Calif., Feb. 20, 2019 (GLOBE NEWSWIRE) — Leading venture capital firm Menlo Ventures today launched the Inflection Fund.

Menlo Ventures’ Inflection Fund is a $500 million fund designed to target soon-to-breakout companies at the point between venture and growth. With this fund, Menlo Ventures will make investments of $20 – $40 million to propel promising companies into the growth stage. The firm will continue to invest in its areas of expertise including AI, Cloud Infrastructure, FinTech, Marketplaces, Mobility, and SaaS across the broader categories of consumer and enterprise businesses.

“The venture capital market is more competitive than ever, particularly at opposite ends of the spectrum: the number of seed funds is at an all-time high, and the amount of late-stage capital is staggering. The biggest gap in the market is at the early-growth stage or what Menlo calls ‘the inflection stage.’ This is where Menlo intends to focus our new fund,” explained Matt Murphy, managing director of Menlo Ventures. “With the Inflection Fund, we partner with companies at the point where a meaningful injection of capital, introductions to talent and customers, and a helpful partnership will accelerate them to scalable, hypergrowth.”

Companies at the inflection stage show early potential but still carry the risk inherent with scaling an organization, growing a team, and executing against a product roadmap. With the Inflection Fund, Menlo will target companies that demonstrate:

  • A beloved product
  • Early product-market fit (with more than $5M in annual recurring revenue, but often less than $10M)
  • Rapid growth of more than 100% year-over-year
  • Early signs of efficient economics, payback, and retention
  • A strong founding team with a unique perspective on the opportunit

With inflection stage investments in breakout startups such as BitSight, Carta, Chime, Envoy, Everlaw, HomeLight, Rover, ShipBob, Signifyd and Qualia, Menlo Ventures has earned a reputation for identifying great companies ready to take off. The goal is that these fast-growing startups will follow in the footsteps of Menlo’s more established portfolio companies such as Betterment, BlueVine, Pillpack, Poshmark, Uber, and Roku all funded by Menlo at the inflection stage.

The Inflection Fund will be led by Menlo Ventures’ Partners Mark Siegel, Matt Murphy, Shawn Carolan, Tyler Sosin, Venky Ganesan and joined by Steve Sloane, whose recent promotion makes him the youngest partner in Menlo’s 43-year history. Menlo will further build out this team and are actively looking to hire an additional partner, principal, and associate.

“The launch of the Inflection Fund caps a record run for Menlo Ventures,” said Venky Ganesan. “In the last 15 months, Menlo has distributed $2.4 billion to our limited partners. We added four new partners to our team, expanded our focus to include healthcare, and stacked our services team with industry veterans. We’ve never been better equipped to partner with pioneer founders to build the breakout companies of the future. We’ve done that with Poshmark, Uber, and Roku. Who’s next?”

About Menlo Ventures

Menlo Ventures is a venture capital firm that strives to have a positive impact on everything we do. That’s why we support businesses including Betterment, Carta, Roku, Poshmark, Uber, and Warby Parker that are reimagining life and work for the better. Over 43 years we’ve grown a portfolio that includes more than 70 public companies, over 100 mergers and acquisitions, and $5.5 billion under management. We invest at every stage and in every sector, with expertise in Consumer, Enterprise, and Healthcare. From developing market strategies to creating communities, we provide real impact where entrepreneurs need it most. When we’re in, we’re all in.

Update on Investor Network Nights and Private Equity Deals that closed!


We have added the head of the largest Family Office association and large Family Office / Institute that invest to the show!

URL learn more: http://redhookcapital.me/investor-network/

URL to register 2/3/2014 @ 5 pm online event:  https://attendee.gotowebinar.com/register/6532936708056343298

DEALS THAT CLOSED:

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

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  • Aqua Terra Water Management, a merchant operator of salt water disposal facilities, has acquired certain saltwater disposal assets from Ceiba Energy Services Inc. and Phyllis Disposal Ltd. No financial terms were disclosed for the deal, which helps Aqua Terra enter the Canadian Bakken. Aqua Terra is a portfolio company of Bregal Partnerswww.bregalpartners.com
  • AVX Learning LLC, a portfolio company of Comvest Capital, has acquired Adayana Industry Group, an Indianapolis-based provider of organizational performance solutions. No financial termswere disclosed. www.adayana.com
  • Comvest Partners has acquired Robbins Brothers Jewelry Inc., a Glendale, Calif.-based chain of engagement ring stores, from Weston Presidio and Dorset Capital. No financial terms were disclosed. www.robbinsbrothers.com
  • China Huarong Asset Management Co Ltd., a state-owned investment manager, is in talks with several private equity firms about a share sale that could raise more than $2 billion, according to Reuters. Suitors include Bain Capital, The Blackstone Group, BlackRock and KKR.www.chamc.com.cn
  • Crestview Partners and B-29 Investments have acquired a control stake in Texoma Transportation & Crude Marketing LLC, a provider of crude oil purchasing, gathering and transportation services to the oil and gas industry. The deal was done in conjunction with Texoma’s purchase of Edmond, Okla.-based CP Energy. No financial terms were disclosed.www.txtcm.com
  • Palladin Consumer Retail Partners has acquired KT Health LLC, a maker of kinesiology tape and related sports medicine products for the retail market. No financial terms were disclosed.www.pcrp.com
  • Pallet USA LLC, a portfolio company of Blackthorne Partners, has acquired most assets ofGoeman’s Wood Products Inc., a rival Milwaukee-area pallet operator. No financial terms were disclosed. www.palletusa.com
  • Rosser Capital Partners has acquired Hickory Tavern, a Charlotte, N.C.-based chain of casual dining restaurants. No financial terms were disclosed. Arlington Capital Advisors managed the process. www.thehickorytavern.com
  • Summit Materials has acquired both Alleyton Resource and its Colorado Gulf affiliate, which operates sand & gravel sites and ready-mix concrete plants. No financial terms were disclosed. Summit Materials was formed in 2009 by The Blackstone Group and Silverhawk Capital Partnerswww.summit-materials.com
  • The Carlyle Group and Investec Asset Management have agreed to invest an undisclosed amount in J&J Africa, a pan-African logistics company specializing in road transportation of general cargo along the Beira corridor. www.carlyle.com
  • The Carlyle Group has agreed to acquire a minority stake in Vogue International, a Tampa Bay, Fla.-based maker of Organix brand hair care products. No financial terms were disclosed.www.vogueintl.com
  • The Gores Group has acquired Zmags Corp., a provider of ecommerce-enabled digital catalogs and other ecommerce SaaS solutions. No financial terms were disclosed, except that Gores did the deal out of its small-cap fund. Zmags had raised around $18 million in VC funding fromOpenView Venture PartnersNorth Atlantic Capital and NorthCap Partnerswww.zmags.com
  •  TI Automotive, a UK-based auto parts maker, has received a buyout bid from Pamplona Capital Management, according to Bloomberg. This could complicate ongoing sale talks with Bain Capital, which are said to be in the range of $2 billion. TI backers currently include Oaktree Capital Group LLC and Duquesne Capital Management, based on a 2007 debt restructuring.www.tiautomotive.com

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

 

Happy Investing & Networking

JD Morris

JD Morris

Join me on LinkedIN:  http://www.linkedin.com/in/jdmorris

INVESTOR SOCIAL NETWORKING:

Facebook URL: https://www.facebook.com/InvestorNetwork

Twitter URL: https://twitter.com/RedHookCapital

LinkedIN URL: http://www.linkedin.com/groups/Investor-Network-JD-Morris-Accredited-53760/about

OTHER WEBSITES:

The Morris Team URL: http://www.themorristeam.com/

Red Hook Capital URL: http://redhookcapital.me/

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Crowdfunding vs. EB-5 for investors plus deals that closed!


Google crowdfund, crowdfunding, etc. and you can read for months or years about it!  Crowdfunding is a dream in my view, but dreams do come true!  However, Google “EB-5” in the news and you will see results.  Round One: EB-5 one vs. Crowdfunding zero for investors!

The Good: Crowdfunding deals are working today and no investors = no SEC.

The Bad: Crowdfunding for regular investors is years away from seeing results thanks to the SEC.

The Ugly:  Crowdfunding works today, so will the SEC end a good thing!

Bottom Line: Go to non-Crowdfunding event if you want funding!

Learn about our events for accredited investors to future investor through crowdfunding at: http://redhookcapital.me/investor-network-event/

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DEALS THAT GOT FUNDED

More deals will be added in next 24 hours, but here are a few deals:

  • Atlas Powered LLC, a Santa Monica, Calif.-based mobile platform that streamlines business productivity on smartphones, has raised $700,000 in seed funding. Backers include Tech Coast Angels, Maverick Angels and Pasadena Angels. www.getatlas.com
  • Adometry Inc. (f.k.a. Click Forensics), an Austin, Texas-based provider of cross-channel attribution solutions, has raised $8 million in new VC funding. Shasta Ventures led the round, and was joined by return backers Austin Ventures and Sierra Ventures. The company previously raised around $21 million.www.adopmetry.com
  •  BuyBox, a France-based provider of social payment solutions for ecommerce companies, has raised €1.7 million in VC funding from Iris Capital and Midi Capital.
  • Emerging Threats, a Lafayette, Ind.-based provider of open source and commercial threat and malware intelligence, has raised over $1 million in seed funding from Elevate Ventures, HALO Capital Group and Lawrence Ventures. www.emergingthreats.net
  •  Fixmo, a Toronto-based provider of mobile security and risk management solutions, has raised an undisclosed amount of strategic funding from Samsung Ventures. Existing Fixmo investors include Motorola Solutions Venture Capital, Paladin Capital Group, Horizons Ventures, Kleiner Perkins Caufield & Byers, Rho Ventures Canada, iNovia Capital and Extreme Venture Partners. www.fixmo.com
  • Kaneq Bioscience Ltd., a Montreal-based developer of an inhibitor for treating type 2 diabetes mellitus, has raised an undisclosed amount of VC funding from TVM Life Science Ventures.
  •  Iconicfuture, a Hamburg, Germany-based developer of branded virtual items in social games, virtual worlds and mobile applications, has raised €2.5 million in Series B funding from Creathor Ventures.www.iconfuture.com
  • iPinYou, a Chinese demand-side platform, has raised $20 million in new VC funding. China Broadband Capital led the round, and was joined by Japan’s Vangoo Investment Partners and return backer Forward Capital. www.ipinyou.com.cn
  • Ceterix Orthopaedics Inc., a Menlo Park, Calif.–based provider of surgical tools for arthroscopic procedures, has raised $19.5 million in Series B funding. Novo Ventures led the round, and was joined by return backers Versant Ventures and 5AM Ventures. www.ceterix.com
  •  Kareo Inc., an Irvine, Calif.-based provider of billing software for small medical offices, has raised $20.5 million in Series F funding led by Stripes Group, as first reported by VentureWire. The company previously raised more than $20 million from VC firms like OpenView Venture Partners, Greenspring Associates and Western Technology Investments. www.kareo.com
  •  Optimal, a San Francisco-based media acquisition and optimization platform, has raised $7 million in Series B funding. DoubleRock, The Social Internet Fund, Siemer Ventures, Signal Ventures and Silicon Valley Bank were joined by return backers like Stonnington Asset Allocation Fund, Neu Ventures and WGI Group. www.optimalsocial.com
  •  Parallels, a Renton, Wash.-based provider of hosting and cloud service enablement and desktop virtualization, has raised an undisclosed amount of equity funding from Cisco Systems. Existing Parallels shareholders include Intel Capital, Insight Venture Partners and Bessemer Venture Partners.www.parallels.com
  •  PayNearMe, a Mountain View, Calif.-based cash payment network, has raised $10 million in Series D funding. August Capital led the round, and was joined by return backers Khosla Ventures, Maveron, and True Ventures. www.paynearme.com
  • BuildingIQ Inc., a San Mateo, Calif.-based provider of building energy management software, has raised $9 million in VC funding. Backers include Aster Capital, Siemens Venture Capital and Paladin Capital.www.buildingiq.com
  • Radius, a San Francisco-based provider of sales and marketing intelligence for targeting the small business market, has raised $12.4 million in Series B funding led by American Express.www.radiusintel.com
  •  Syapse, a Palo Alto, Calif.–based provider applications that apply omics to routine medical use, has raised an undisclosed amount of Series A funding led by The Social+Capital Partnership.www.synapse.com

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