Charles River Ventures

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Left unsaid in the announcement of the new $393 million fund raised by Charles River Ventures — oops, they’re now called CRV — is that long-time partner Bruce Sachs is bowing out. Sachs still appears on CRV’s website, but he confirmed to me this evening that he won’t be involved in putting the new money to work. Sachs joined CRV in 1999 after a career in networking, and he was responsible for initially helping CRV put down stakes in California.More →

A Boston startup, Pencil Labs, has slipped a new calendar and messaging app called Wyth into the iTunes Store with zero fanfare. I’ve been tracking the startup since last May, but the founders aren’t saying much and the website is still in “coming soon” mode. Pencil raised some early funding in 2013 from two Cambridge venture capital firms, Matrix Partners and Charles River Ventures.More →

I’ve been following Jibo since last January, when I first told you the “social robot” startup had snagged some initial funding from Charles River Ventures. Now, Jibo founder Cynthia Breazeal has taken a leave from MIT’s Media Lab to run the company. Jibo has brought on some additional investors, and begun hiring a handful of employees from companies like iRobot Corp. and Netflix. And a new placeholder website and Facebook page suggest an unveiling of the product is imminent.More →