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.
MUST READS
Two local firms have raised a new fund. Osage Partners, which contains three branches: Osage Ventures, Osage University Fund and Osage Industries, has raised $47 million for its third fund. Cursiously enough, Osage Partners gets its name from Osage County, Oklahoma home of the fund’s original financiers. Additionally, MentorTech Ventures has raised $10 million of $40 million for its latest fund.
New York Magazine reports on Ben Franklin Technology Parters’ effort to create a “Wall Street West” in Northeastern Pennsylvania. BFTP’s Southeastern chapter is located in the Navy Yard. Speaking of BFTP, Martin Lehr of Osage Ventures writes about state-led venture funds including a detailed history of Pennsylvania’s Ben Franklin Technology partners. We suggest you Instapaper that one for the ride home.
MIGHT BE WORTH YOUR TIME
Entertainment Games, an online games site based in Levittown has raised $100,000 according to an SEC filing. The company was formerly known as eGames.
GIVE A GLANCE
First Round Capital is among the investors in Moat, a New York-based web analytics tool that claims to demonstrate where users are hovering their mouse. Forbes as a detailed writeup about the new product. The company hopes that “hover-overs” will replace “click-throughs” for online publishers. Though with all of these touch screens nowadays, it sounds like an uphill climb.
Last week, our very own Chris Wink wrote about Tutorspree, an online tutor marketplace whose founders include Ryan Bednar a former SeetGeak developer and DreamIt alumnus.
Tech IPO’s are coming hard and fast these days. First Round-baked BazaarVoice is next in line with its $85 million IPO. The social commerce platform company has raised $20 million in venture funding.
Before you go...
Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.
3 ways to support our work:- Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
- Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
- Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!
The person charged in the UnitedHealthcare CEO shooting had a ton of tech connections
From rejection to innovation: How I built a tool to beat AI hiring algorithms at their own game
Where are the country’s most vibrant tech and startup communities?
