Take the Money and Run: An Insider’s Guide to Venture Capital

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[Editor's note: Gerry Langeler of OVP Venture Partners shares an excerpt from his new book "Take the Money and Run: An Insider's Guide to Venture Capital."] How to Avoid a “No” from a VC: People The old saying in the VC business is investors invest in three things: people, people and people. There’s more than… Read More…

Cloud storage provider Symform adds $1M, plans HQ move in Seattle

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Symform, which made some waves earlier this week when it announced a new referral program in which customers can earn up to 200GB of free cloud storage, has pulled in an additional $1 million in venture capital financing. The cash infusion follows the appointment of Matthew Schiltz — formerly of Powerit, DocuSign, General Software and CourtLink… Read More…

Lucid Commerce scores $8M to tell TV advertisers if campaigns are working

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There’s no shortage of companies that help advertisers make better sense of how ad campaigns perform online. But what about an older medium, such as television? That’s where Lucid Commerce — a Seattle startup that announced $8 million in fresh funding today — is trying to make its mark. The recent financing — led by Rho… Read More…

What a long strange trip it has been: Highway 12 Ventures to wind down new investing

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Venture capital firms are bit like old soldiers. They never really die, they just sort of fade away. And that appears to be what’s happening at Highway 12 Ventures, the 11-year-old Boise venture capital firm which announced today that it will not pursue a new fund and as a result wind down operations over time…. Read More…

Roving CEO Matthew Schiltz lands at the helm of Symform

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Matthew Schiltz sure gets around. The Seattle technology executive just three months ago was named CEO of Powerit Solutions, a Seattle company whose software is used to increase energy efficiency at industrial companies. Now, Schiltz has landed a new gig, taking over the CEO role at online storage upstart Symform. Schiltz, who previously served as… Read More…

Digital pen software maker Adapx inks $5 million round

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Adapx, whose software powers digital pen technologies so workers can easily collect data in the field, has scored a $5 million venture capital investment that it will use to expand into new areas and enhance products for the Department of Defense. All existing investors participated in the round, including OVP Venture Partners, Paladin Capital Group… Read More…

Growth spurt continues at DataSphere; hyperlocal blog platform to hire 220 in Ariz.

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DataSphere Technologies may specialize in hyperlocal advertising. But the Bellevue company is undergoing  what can only be described as … hypergrowth. The company, which raised $10 million from OVP Venture Partners, Fisher Communications, Ignition Partners and others last fall, said today that it plans to open a new facility in Tempe, Arizona with room for… Read More…