Venture Capital

34 stories
Celtics CEO joins $35 million funding round for ticket search engine SeatGeek
Wyc Grousbeck, Bob Higgins, and Mark Wan of Causeway Media Partners. (AP Photo/Elise Amendola)
Silicon Valley's Accel Partners and Cambridge-based Causeway Media Partners are among the investors pumping $35 million into SeatGeek, a search engine for tickets to sporting events, concerts, and other live events. Similar to the way Kayak.com scours the web for airfares and hotel rates, SeatGeek does the same across multiple ticketing sites like StubHub and Broadway.com. Also putting money into the Manhattan-based startup are the rapper Nas, NBA All-Star Carmelo Anthony, and NFL quarterbacks Eli and Peyton Manning. Read More
Keeping score
Do you believe Massachusetts tech is major league?
littleleague
I have started to worry that instead of being in the press box for a Major League Baseball game, all of us who observe and cover the Boston tech scene are instead sitting in the aluminum bleachers of a Little League match that will end with a 24-19 score, and all of the players getting a trophy. Read More
Outside Influence
Boston’s top VC dealmakers in Q2
(Shutterstock)

This week Charles River Ventures, now known as CRV, announced that its new fund would make Silicon Valley the priority, formalizing a shift westward that has been going on for a few years now.

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Hanging up the checkbook
With new CRV fund, long-time partner Bruce Sachs bows out
Bruce Sachs of Charles River Ventures.
Left unsaid in the announcement of the new $393 million fund raised by Charles River Ventures — oops, they're now called CRV — is that long-time partner Bruce Sachs is bowing out. Sachs still appears on CRV's website, but he confirmed to me this evening that he won't be involved in putting the new money to work. Sachs joined CRV in 1999 after a career in networking, and he was responsible for initially helping CRV put down stakes in California. Read More
21st century gold rush
Charles River Ventures, now CRV, announces major shift from the shores of its namesake
catwalker / Shutterstock.com
In a post on Medium today, Charles River Ventures's general partner Jon Auerbach announced a new fund for the early-stage investment firm as well as a couple of changes in the way CRV views itself and its future. Read More
Best Funding Fit?
Crowdfunding vs. VC seed rounds: Which makes sense?
"Hands holding money" via Shutterstock
This is a guest post by Lee Hower of Boston venture capital firm NextView Ventures. The rise of crowdfunding in the last three to five years as a source of capital has been remarkable. Tech startups and potential investors have had greater access to one another than ever before, and beyond the startup world, a broad array of projects have been able to successfully seek capital via crowdfunding. Read More
New VC star?
Procyon Ventures, focusing on data and analytics, is newest venture firm in Cambridge
Procyon Ventures founder Millie Liu.
A new early-stage investment firm named after a star in the constellation Canis Minor has made a trio of investments since starting up earlier this year. I'd heard rumblings about the existence of Procyon Ventures a few months back, but didn't get founding partner Millie Liu on the phone until yesterday. Read More
Offshore entrepreneurs
Audio and pics from last week's Nantucket Conference: BOS + NYC
Shutterstock CEO Jon Oringer and Constant Contact CEO Gail Goodman, on stage at the conference.
The theme of last week's Nantucket Conference on Entrepreneurship & Innovation was "BOS + NYC," and the event brought together founders and venture capitalists from both cities. Thankfully, there wasn't too much sports trash talk, or comparisons of the startup scene in the two cities. Read More
Once-a-year opportunity
Unpitch now taking applications for this year's event connecting startups with investors
Unpitch
Last year, the Boston tech community and a large number of local venture capitalists created a unique event as a reaction to a growing number of groups coming to Boston and New England and charging startups to pitch their companies. The result was Unpitch, which is being held again this year on June 24 at Communispace. Read More