Venture-capital funding is back on the rise. Investment in U.S. startups in the second quarter jumped 22% to $15.5 billion vs. $12.7 billion in the year-ago period, according to Dow Jones VentureSource.
VC Partner Breakfasts:
KEC Ventures hosted our second Quarterly VC Partner Breakfast on July 18th. Over 35 VC partners attended to connect with other VC firms and share ideas.
Alpha Breakfasts:
On July 12th, Alpha hosted a breakfast on University Entrepreneurship and IP with Quake Capital at NYU’s Innovation Lab.
The intended outcome of Outcome Health’s marketing is clear. You’re meant to think it purveys sophisticated medical technology. Its website has slick videos and impressive-sounding statistics. Outcome, it says, provides “health intelligence to more than half a billion patients a year.”
Vroom, national online auto retailer, announced a $76 million Series F funding round with certain funds and accounts advised by T. Rowe Price Associates, Inc., L Catterton, General Catalyst Partners and PICO Venture Partners.
Putting an end to a fierce competition in the pet-sitting business, Rover and DogVacay have agreed to join forces. Rover will be acquiring DogVacay in an all-stock deal.
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