Welcome to the VC Roundup, where we’ll parse through venture capital news related to Philadelphia-based private equity firms and the companies they fund. Subscribe to the roundup as an email newsletter. If you have any VC-related news to pass along to us, please drop us a line.
The Philadelphia Inquirer has an in-depth look at the $15.5 million that Wayne-based medical device company Intact Vascular raised last week. Center City’s Quaker Ventures participated in the round, along with Miami’s H.I.G. Ventures and several angel investors, the Inquirer reported.
With $481 million in 2011 venture capital investment, Philly is ranked fourteenth nationally, we reported last week. Check out an interactive map of venture capital investment in the U.S. on Newsworks.
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Safeguard Scientifics, the investment fund based in Wayne, announced it would hold Investor Day 2012 next month in New York City, according to a press release.
First Round Capital increases its fund by $158 million [VC Roundup]
Safeguard Scientifics sees lower valuations, bigger 3Q loss [VC Roundup]
DreamIt Ventures raises $50M fund [VC Roundup]
Why Linode sent this manager to Mumbai for 7 months
BFTP adds new manager for Project Liberty Digital Incubator [VC Roundup]
DreamIt Ventures named one of the country’s top accelerators [VC Roundup]
First Round Capital closes $135 million fund, Audience Partners and Agilence raise private equity rounds [VC Roundup]
This financial services firm offers global opportunity in the heart of Philly
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