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It Looks Like SV Angel Just Raised Another $30 Million

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http://techcrunch.com – According to an SEC filing, Silicon Valley investor SV Angel has raised a new round of funding for a fund titled, SV Angel-III Growth P. As we reported in August, SV Angel filed another document with the SEC that indicated the firm was raising another $40 million for a new fund. SV Angel, which was co-founded by angel investors David Lee and Ron Conway, has invested in companies such as Twitter, Zynga, Square, Hipmunk, Fab.com, Path, and Airbnb. The firm most recently raised $20 million in the spring of 2011. This specific fund from the form filed today appears to be a growth fund for the III (IT news)

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Submitted by qq124 on 01/12/2013 – Made popular on 01/12/2013

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Last week we reported on an SEC filing of a new $30 million raise for SV Angel, for a fund called SV Angel-III Growth P. We’ve since heard from multiple sources that this $30 million is a Special Purpose Vehicle for SV Angel, specifically reserved to buy secondary shares in Pinterest for existing LPs.

Sequoia Capital filed a form with the SEC today, indicating a $700 million raise for a fund titled Sequoia Capital Global Growth Fund, L.P.

CapLinked, a startup offering online workspaces for managing business deals, says that it has raised $1.6 million in Series A funding. The funding comes from FF Angel (the seed-stage fund operated by Founders Fund), Siemer Ventures, 500 Startups, PayPal co-founder and Founders Fund managing partner Peter Thiel, former Bertelsmann executive Andrej Henkler, and Alexsis de Raadt-St.

Editor’s note: Robert Wiltbank, PhD, is a professor at Willamette University, where he and Wade Brooks run an angel investing fund managed by second-year MBA students. He is on the board of the Angel Resource Institute, and is a partner with Montlake Capital (a late stage growth capital fund) and with Revenue Capital Management (a royalty based lender).

Lerer Ventures, one of the better known seed stage venture capital funds based out of New York, is raising a $30 million fund, according to its Form D filed today with the SEC. It’s the third fund in the venture firm’s history and aims to raise the bar a bit from Lerer’s second fund, of $25 million, which it raised in May 2011.

Mobile delivery startup Postmates is gearing up for expansion, and it’s raised a bit of funding to help it along the way. The company, which recently opened for business in Seattle, has raised $5 million in new funding to aid in its expansion, TechCrunch has learned.

Human Demand, a mobile ad startup which launched last summer targeting the long tail of app developers, has since expanded its focus to brands, and is today announcing having raised an additional $900,000 in new funding.

Boston-based VC firm Spark Capital is announcing its fourth fund this evening, raising $450 million for the firm’s biggest investment fund to date. Spark, who raised $360 million for its last fund, now has $1.4 billion under management.

Kabbage, which provides working capital to online merchants, has raised $30 million in Series C financing led by Thomvest Ventures, the venture capital arm of Peter Thomson, the founder and managing director of Thomvest Ventures and a director of Thomson Reuters. UPS Strategic Enterprise Fund, Mohr Davidow Ventures, BlueRun Ventures, Warren Stephens, and David Bonderman participated in the round.