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A venture capital investment firm focused on internet and software investments

A venture capital investment firm focused on internet and software investments

We are a venture capital investment firm focused on internet and software investments. Since our founding in 2009, we have raised from institutional investors, including Princeton University, Wellcome Trust, and Hall Capital.
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Latest Stories and News

Guru raises $30M from Accel, Slack & others as Philly startup scene heats up

  • Crunchbase News
  • 1 month ago
  • Guru, a Philadelphia-based collaborative knowledge management software provider, has raised $30 million in a Series C funding round led by Accel.
  • Existing backers including Emergence Capital, FirstMark Capital, Slack and Michael Dell’s MSD Capital also participated in the financing.
  • The new capital brings the company’s total raised to nearly $71 million. Thrive Capital led its $25 million Series B in December of 2018.
  • The company delivers its offering via a browser plugin that surfaces data sitting across a worker’s distributed cloud apps directly into whatever workflow tool a user is in. It operates as a SaaS (software-as-a-service company.)
Guru raises $30M from Accel, Slack & others as Philly startup scene heats up

Five startups seeing a Covid-19 bounce

  • The Information
  • 1 month ago

The coronavirus is decimating business at many venture capital-backed startups. But for a few firms, the pandemic has had the opposite effect, as consumers flock to products and services that make staying at home easier or help them cope with the crisis.

These companies, five of which we profile below, include an online pharmacy that has had a big jump in signups as people decide to have prescriptions delivered rather than risk a trip to the drugstore, and a long-struggling social media app that suddenly found an audience.

Five startups seeing a Covid-19 bounce

Teen hit Yolo raises $8M to let you Snapchat anonymously

  • TechCrunch
  • 3 months ago
  • Yolo became the country’s No. 1 app just a week after launch by letting teens ask for anonymous replies to questions they posted on Snapchat.
  • But nine months later, Yolo is still in the top 100 iOS apps and has 10 million active users. Now it’s safeguarding the app from predators while revealing a smart new feature for spinning up anonymous group chats, powered by $8 million in fresh funding.
  • The round was led by Thrive Capital, Ron Conway’s A.Capital, former TechCrunch editor Alexia Tsotsis’ Dream Machine (also in the seed round), Shrug, Day One, Goodwater, Knight VC, ex-Facebooker Bobby Goodlatte, Twitter co-founder Biz Stone and SV Angel’s Brian Pokorny.
Teen hit Yolo raises $8M to let you Snapchat anonymously