Friday, February 27, 2009

Latest VC fundraising (Pehub)

"Trinity Ventures has secured $276 million for its tenth fund, according to a regulatory filing. It is unclear if this represents a final close. The Menlo Park, Calif.-based firm raised $300 million for its ninth fund in 2005."

" GrandBanks Capital has quietly held an $85 million first close on its second fund, which is targeting $150 million. The Newton, Mass.-based firm focuses on early-stage investments in the software and services space, and previously raised $125 million for its debut vehicle in 2000. Deals from that fund include Colubris Networks, Enpocket (sold to Nokia in 2007) and GlassHouse Technologies (IPO registration)"

1 comment:


this is a fascinating commentary of the world today...i am still bullish that all what is happening is that we are moving down to a lower equilibrium point..i suspect that we may get back to the barter system in the near future..


Sankar Krishnan
Managing Director
Adventity Inc