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.
DEFINITE READS
Edison Ventures continues its push in New England with a $5.5 million investment in NetProspex a company based in Waltham, Mass. that helps businesses track sales and marketing clients. Mass High Tech has more about the firm’s sudden infatuation with New England.
MIGHT BE WORTH YOUR TIME
First Round Capital has invested $1.75 million in Fab.com (formally Fabulous.com) the gay social network. The Washington Post also invested in the company, curiously enough.
First Round Capital has also upped its investment in TechForward, the Los Angeles-based provider of technology buyback plans.
GIVE A GLANCE
It must have been follow-on investment week over in Conshohocken as First Round also invested additional cash in Flurry, the mobile analytics company.
Will somebody give @Besegal a hug?
Jeremy Bloom, a much-hyped former kick returner for the Philadelphia Eagles, didn’t make it in the NFL. However, his new startup just received VC investment.
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