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Opus hits the fundraising trail, looking for $250M

VentureBeat  Aug 10 09

Early-stage venture firm Opus Capital Ventures, is hoping to scrape together $250 million for its next fund (which has a hard cap of $350 million), reports VentureWire. Based in Menlo Park, the firm used to be called Weiss Peck & Greer Venture Partners. It raised four funds before changing its name to Opus. It’s last fund, totaling $280 million, was brought in in 2006.

Already, Opus has a commitment from Montana Board Investments to contribute $7.5 million to its sixth fund. In addition to fundraising, the firm is also actively investing in startups. Already this year, it sunk $10 million into a first round of financing for online gaming site SuperSecret, and $8 million into a first round for security software company AlertEnterprise. Full story...

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Announcing the “Who’s Got Game?” contest for the best game startup

VentureBeat  Feb 10 10

We’d like to invite you to pitch your startup idea for the “Who’s Got Game?” contest!

This is our second annual contest that will highlight the best game startup.

YouTube adds Safety Mode to help filter objectionable video

VentureBeat  Feb 10 10

Popular video sharing platform YouTube announced today that it has added a new “Safety Mode” feature to its video watching experience.

PlaySpan makes virtual goods gains with FooPets game

VentureBeat  Feb 10 10

PlaySpan scored a deal to provide virtual goods and global payment solutions for FooMojo’s FooPets.

The lost generation of entrepreneurs

VentureBeat  Feb 10 10

(Editor’s note: Jeff Bussgang is a General Partner at Flybridge Capital Partners. This column originally appeared on his blog Seeing Both Sides.

British directory Yell.com partners with Daylife for topical microsites

VentureBeat  Feb 10 10

Yell.com, the British online version of the Yellow Pages, has launched 18 new microsites powered by Daylife SmartSections, which VentureBeat wrote about in December.

Aspera says it can triple data speed for iPhone

VentureBeat  Feb 10 10

Aspera has made its name transporting big digital files and videos from one professional creator to another since 2004.

Do-gooder iPhone app GiveWork gets more photo- and web-friendly

VentureBeat  Feb 10 10

There’s a new version of GiveWork, the application that lets iPhone owners perform simple tasks to help refugees, with new features that should make those tasks a little more varied and interesting.

Mogreet and American Greetings partner for video mobile e-cards

VentureBeat  Feb 10 10

E-cards have become an attractive way of sending cards versus traditional print cards. Through customization and animation features, e-cards are a quick and easy way to avoid the the Hallmark aisle and postage, but still let that someone know you care.

Ebay to use crowd sourcing to test new features, starting with streamlined search

VentureBeat  Feb 10 10

It’s always difficult for any big site to test and roll out new features. Many companies just test internally until they determine they have something good enough to roll out.

IBM launches academic cloud to help students learn technology skills

VentureBeat  Feb 10 10

According to the Department of Labor, the majority of jobs in the near future will have a heavy focus on technology and having technical skills, including technical consulting and computer systems design.



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