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 Friday, June 29, 2012 IVP Raises $1 Billion Fund Menlo Park based venture investor Institutional Venture Partners said Thursday that it has raised its largest fund, ever, worth $1 billion. IVP XIV brings the firm's committed capital to $4 billion. IVP said the fund was "significantly oversubscribed", and will focus on Internet and Digital Media, Enterprise IT, and Mobile & Communications. posted on Friday, June 29, 2012(Full story) SugarSync Gets $10M San Mateo-based SugarSync, a provider of cloud storage and synchronization services, has raised $10M in a financing round, according to ORIX Venture Finance. According to ORIX, the funding is on top of a recent Series D financing round by SugarSync, and will be used to accelerate expansion of SugarSync's datacenter footprint. Details on the round were not announced, however, the round is most likely in the form of venture debt from ORIX. SugarSync is (More info...) posted on Friday, June 29, 2012(Full story) Benvenue Medical Gets $25M Santa Clara-based Benvenue Medical, a developer of minimally invasive products used for spine repair, said yesterday that it has raised $25M in a Series D funding round. The round came from existing investors DeNovo Ventures, Domain Associates, Technology Partners and Versant Ventures. The funding will go towards commercialization of the firm's products. posted on Friday, June 29, 2012 (More)(Full story)
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