New Funding for Tech Startups
RezVen Partners announces new funding for Tech Startups
A new 50 Million dollar fund from RezVen Partners (RVP) will be giving promising support for budding startups. One of today’s leading venture capital firms for early- stage companies, RVP has created the fund for technology companies that display great innovative potential in the field of software and digital and social media. The fund was made possible through the collaboration of various public and private investors, who have extensive entrepreneurial backgrounds and successful business ventures. The advisers for the fund are Brad Martin, the former Chairman and CEO of Saks Inc., Stephanie Horbaczewski, the StyleHaul’s founder and CEO, and Tamim Mourad, the founder and CEO of PriceGrabber.com.
Edge Fund
Mega Venture Capital firm Kleiner Perkins Caufield and Byers has launched last June 16 a new initiative for their funding called Edge Fund. It is a team of builders led by Anjney Midhawho guarantee a software-defined and founder-friendly approach in funding. They will be investing in seed stage companies, building tools and products they would need, and solving particular problems that every founder would face. The fund will prioritize startups in the areas of block chain, drones, digital health, computer vision, mobile marketplaces, and virtual reality. Their office based in San Francisco.
Crosscut Ventures
Crosscut Ventures announced a 75 million dollar funding project for early stage startups located in Los Angeles. This development shows that Southern California startups and gaming enterprises are still of interest in the startup business world. Investors John Irvine Foundation and Top Tier Capital led the new funding. Crosscut makes eight to ten investments annually, mostly for Southern California-based companies involved in service, ecommerce, gaming, adtech, mobile, and marketplaces.
Blockchain Capital
A second investment is on the way from Blockchain Capital, who has raised 7 million dollars for technology ventures in bitcoin and blockchain. Blockchain Capital, which is the rebranded Crypto Currency Partners, is managed by Brock Pierce, Bitcoin Foundation Chairman, and veteran investors Bart Stephens and Brad Stephens. It has also announced the appointment of Alison Davis as its new advisory board chair. The firm pioneered the funding for the blockchain and crypto currency sector in its first fund with 29 companies. With over 1.2 million dollars worth of investment to date, it has funded startups such as Blockstream, Coinbase, Ripple Labs, and Xapo.
