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If you’re wondering about the latest recipients of money in the technology business, you’ll be happy to hear that one of the more active venture capital firms in early-stage deals, Khosla Ventures, is among the newly funded. Read to learn more about that deal and others.
Khosla Ventures starts to raise a heavy-duty $1B fund
Khosla Ventures has announced plans to raise another very tall pile of money to invest in startups. The company disclosed a new $1 billion fund, Khosla Ventures V, L.P., in a filing today with the U.S. Securities and Exchange Commission. We asked multiple Khosla executives for comment and got no-comment responses. The new fund would nearly match the $1 billion fund Khosla Ventures raised three years ago.
Read more on VentureBeat: Khosla Ventures starts to raise a heavy-duty $1B fund
Box could raise another $100M before its IPO
Enterprise-focused cloud file-storage company Box has been on a difficult road to an IPO, and it might be raising some extra money before it actually goes public. Box is in talks with private-equity firm TPG to raise a new round of funding, according to a report by the Wall Street Journal. The round could total $100 million or more, according to Re/code.
Read more on VentureBeat: Box could raise another $100M before its IPO
Latino YouTube network MiTú just bagged $10M
Disney’s recent acquisition of YouTube network Maker Studios shows how much firms value video these days — and MiTú just got some swell money for its own network. Today, Latino media company and video network MiTú announced that it has raised $10 million in a second round of funding to continue building its engineering and sales efforts and expand its production facilities in Los Angeles and Mexico City. Some of MiTú’s original investors joined Upfront Ventures in the round; Upfront was one of the original investors in Maker Studios. MiTú was founded in 2012 by Doug Greiff, Beatriz Acevedo, and Roy Burstin. Its previous investors include The Chernin Group LLC, Machinima chairman and chief executive Allen DeBevoise, and Advancit Capital.
Read more on VentureBeat: Latino YouTube network MiTú just bagged $10M
Funding Daily: Boxin’ up the dough
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