The venture industry is contracting at the moment, with overall dollars going into venture capital funds shrinking by 57 percent in the second quarter from the year before. Amid this background DFJ Mercury, a Houston-based affiliate fund of Draper Fisher Jurvetson, raised a $70-million second fund. Read More »
Tech
OneSpot, the two-year-old Austin, Texas, startup that aims to automate content syndication online, has raised $4.2 million from Silverback Silver Creek Ventures in Dallas. I was mostly drawn to this news because founder and CEO Matt Cohen is a friend, and it’s exciting to see… Read More »
Editor’s Note: One of contributors, serial founder Aruni Gunasegaram attended SXSW Interactive for the first time this year, and she learned a lot. Aruni compiled a digest of takeaways, on funding, strategy, and using social media, on her blog entrepreMusings. She… Read More »
