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To: Lizzie Tudor who wrote (26320)	11/18/2005 4:04:33 PM
From: stockman_scott	Read Replies (1) \| Respond to of 57684

Yahoo and Google are now competing with Early Stage VC Investors...fyi... battellemedia.com The Venture Capital Squeeze paulgraham.com

To: Lizzie Tudor who wrote (26320)	11/19/2005 12:34:21 AM
From: stockman_scott	Respond to of 57684

Greylock closes $500M fund ______________________________________________ TheDeal.com 18, Nov 2005 Blue-chip venture capital firm Greylock Partners announced Friday, Nov. 18, the closing of its 12th investment fund, with $500 million. The new vehicle, Greylock XII LP, gives the 40-year-old venture firm approximately $2.7 billion under management. The Waltham, Mass.- and San Mateo, Calif.-based firm saw all of its existing limited partners return for the oversubscribed fund. Greylock's primary LPs include a group of six American industrial families who have been with Greylock since its first fund in 1965, and seven universities, among them Dartmouth College, Duke University, Harvard University, M.I.T., Princeton University, Stanford University and Yale University. Greylock XII will invest in early-stage information technology startups, with a focus on startups that specialize in the consumer and Internet sectors, semiconductors, software, systems and services. Calls to Greylock were not returned by press time. Over its long history, Greylock has had plenty of home-run investments including open-source developer Red Hat Inc., Internet advertising company DoubleClick Inc., drugmaker Millennium Pharmaceuticals Inc. and medical device company Stryker Corporation. The venture firm has been busy deploying its capital in the past few weeks, investing in early-stage companies such as Digg Inc., Trusted Data Corp. and Cairo.com. Greylock led a $2.8 million first round for San Francisco-based Digg, a social networking and Web content service that allows Web users to add and prioritize new information socially, creating a locus for popular news stories, blog entries, commercial offerings and other Web content. In addition, Mountain View, Calif.-based Trusted Data, a maker of storage technology for small businesses and consumers that is simple enough for any nontechnical computer users, closed a $6 million first round led by Greylock. Also receiving capital from Greylock was shopping Web site Cairo.com, a San Francisco startup that helps users find local deals by putting local sale data from retailers on its site. Cairo.com recently recruited Frank Han, the former general manager of HSN.com and a founder of e-Toys.com, as its new CEO. According to published reports, Cairo.com raised $9.5 million in Series A venture funding from Greylock Partners and Redpoint Ventures. The early-stage investment firm has also been able to make a profitable exit from portfolio company Ikanos Communications Inc. in September. Shares of the high-speed communications chipmaker rose nearly 19% on its first day of trading following a $69 million initial public offering. One of Ikanos' largest stakeholders, Greylock held roughly 11.5% of the company and retained about 8.5% after the IPO. The Fremont, Calif.-based company's shares priced at $12 apiece on Sept. 28, and closed at $14.93 Nov. 17.

To: Lizzie Tudor who wrote (26320)	11/19/2005 1:11:20 AM
From: stockman_scott	Respond to of 57684

Software development company 6th Sense Analytics has launched with $1.5 million in new financing. The Raleigh, N.C.-based startup tapped Durham, N.C.-based Intersouth Partners to lead the first round, with individual investor Ching-Ho Fung participating. The capital will be used to complete the first commercial release of software, expand the initial set of customers and develop market awareness. Kip Frey of Intersouth Partners, Ching-Ho Fung and David Babson, will join the company's board of directors. Founded in 2004, 6th Sense Analytics has created a non-obtrusive way to provide software developers and development teams with a broad range of data concerning the efficiency, productivity and quality of their work. 6thsenseanalytics.com