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Do VC Platforms Make Sense?

Both Sides of the Table

In the VC insider baseball world a discussion has gone on about “VC platforms” over the past 5 or so years. While firms define platforms differently, let’s just say they are the services that a VC offers outside of investment capital and partner time on boards or providing intros.

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Greenfly Lands $8.5M In Funding For Social Brand Marketing

socalTECH

Santa Monica-based Freenfly , a startup that helps brands tap into a network of content creators and brand advocates on social media, has raised $8.5M According to Greenfly, the funding round was led by Alpha Edison, and also included Iconica Partners, Elysian Park, and Corazon Capital. in a Series B funding, the company said today.

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Disney Accelerator Names First Class

socalTECH

Disney is providing $120,000 in investment capital to startups to help them develop their ideas, and also provide mentoring from Disney executives. disney startup accelerator walt angeles entertainment consumer funding venture capital techstars' READ MORE>>.

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Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

TechCrunch LA

Previous backers include Sequoia Capital, SilverLake, Dragoneer and Ant Group, among others. and plans to use its new capital in part to continue to grow there and globally. Overall, Klarna is live in 20 markets, has more than 90 million global active users and more than 2 million transactions a day conducted on its platform.

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Naritiv's Snapchat Analytics Software Acquired By Hootsuite (Update)

socalTECH

The Snapchat analytics software developed by Los Angeles-based Naritiv , a startup producing online content for brands, has been acquired by social media management firm Hootsuite. Financial terms of the acquisition were not announced. Naritiv was venture backed by Luminari Capital, Third Wave Digital, Walt Disney Co.,

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This Week in Venture Capital – Episode 3

Both Sides of the Table

The reason I have so many typos is that I value cranking out more content rather than perfect posts. Investors: Foundation Capital (lead), with existing investors: Morgenthaler Ventures, Norwest Venture Partners, Canaan Partners. Tumblr – “Microblogging platform&#. Online peer-to-peer lending. 14.7mm in Series D.

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This Week in Venture Capital – Episode 2

Both Sides of the Table

I was on This Week in Venture Capital (TWiVC) again this week with Jason Calacanis. mm in Series A; IdealLab ( Bill Gross ), Index Ventures ( Danny Rimer ), Revolution LLC ( Steve Case ), First Round Capital , BetaWorks , Jason Calcanis. I think everybody heard about this acquisition. It’s core platform stuff.