Bessemer Venture Partners

10 stories
The Akamai of Ad Tech
Still in stealth, nToggle gets $5.6 million to bring more efficiency to programmatic advertising
Adam Soroca, chief executive of nToggle (photo via nToggle)
Sometimes, the interest that investors have in a new company or product comes down to the people involved in the project. This was true for the yet-to-launch startup Driftt, a company founded by former HubSpotters David Cancel and Elias Torres as well as a couple of Twitter Boston engineers. Driftt is still in stealth mode (meaning very little has been divulged publicly about its product), but managed to raise $15 million in funding in January. Boston-based nToggle, an advertising tech company which has also not fully disclosed what it is working on, announced today that it has raised $5.6 million. Read More
Hip to be square
InsightSquared is so quiet, you wouldn't know they might be Boston's next big tech company
InsightSquared chief executive Fred Shilmover
Cambridge's InsightSquared is one of those companies that is often discussed as the next potential HubSpot or DataXu. I.e., a Boston startup that develops from a small, early-stage startup, to a "where-did-they-come-from" growth company, to a business that generates buzz, is pointed to as a model for others to follow, and whose name starts getting bandied about as a possible IPO candidate. Read More
Outside Influence
Boston’s top VC dealmakers in Q2

This week Charles River Ventures, now known as CRV, announced that its new fund would make Silicon Valley the priority, formalizing a shift westward that has been going on for a few years now.

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Home turf
Boston VCs backing more companies close to home
Stephen Kraus, a partner at Bessemer Venture Partners in Cambridge, cites a number of reasons why Boston VC firms have shown a stronger appetite for investing locally. (Courtesy of the New England Venture Capital Association)
Massachusetts venture capital firms are keeping more of their deal-making close to home. Local venture capitalists closed on 199 deals in the Boston area in 2013, according to data provided by Dow Jones VentureSource. That represented 45 percent of their investments, the highest share of their total investing since 2007, as they pared back on deals in San Francisco, New York, and other innovation hubs. Read More