capital has finally shaken off the stigma of the dot-com bubble--but that doesn't necessarily mean that skies are a cloudless blue for companies seeking funding, or for venture
capitalist firms themselves.
98-15's holdings could have been in serious jeopardy; exempt hospitals seeking to enter joint ventures
with for profit organizations could have been granted additional flexibility in structuring proposed transactions.
Information technology companies received over 60% of the $12 billion in venture
capital investments in 1998.
In conjunction with the exchange transaction, Concept Ventures
closed a private placement of its common stock in which it will issue up to 5,724,292 shares of its common stock in exchange for anticipated gross offering proceeds of $12.
Setting up a joint venture
between a manufacturer and a finance company can be a real boon for a company with large volumes of receivables weighing down its balance sheet.
The unwinding of the Columbia/Arlington joint venture
brings to the forefront the fate of other whole hospital joint ventures
and the status of enforcement efforts under Rev.
Michigan Fund I (VMF I) announced today its first round of investment commitments to three venture
capital firms focused on growing early stage technology companies in Michigan.
98-15 does not provide safe harbors for these types of joint ventures
, it does imply that the following conditions must be met for a hospital to comply with the operational test.
Vice President, Membership/Audit Committee: John Hall, Managing Director of Horizon Ventures
Customer reaction to RipCode's value proposition has been well received," said Jeff Williams, Managing Director of Hunt Ventures
Previous investors Norwest Venture
Partners (NVP) and Outlook Ventures
also participated in the financing.
SAN FRANCISCO -- CMEA Ventures
, a venture
capital firm specializing in high technology, life sciences and alternative energy investments, announced today that Maurice E.
Dearry has a significant amount of experience in small biotech operations, with over 20 years in operations and administration in biotechnology and pharmaceutical ventures
Sudhir Sethi as Managing General Partner of IDG Ventures
India, which manages a recently established $150 million venture
AIX EN PROVENCE, France -- INSIDE Contactless, a world leader for contactless semiconductor chips, announces today that it has closed a new funding round of $25 million led by Granite Global Ventures