Lijit raises an additional $7.1M

Lijit continues to rock as it is now reporting that is has raised an additional $7.1M in venture funding from The Foundry Group, Boulder Ventures, and High Country Venture. This brings Lijit’s total funding to around $11M (it raised angel money and 3.3M previously) . Lijit will use the money to to launch their search …

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file under: Blog, Startups, Venture Capital

VC dollars continue to pour into Boulder

As I discussed back in April, VC dollars continue to roll in Boulder. It’s doubtful we’ll reach the $266.8M level that we reached in the first quarter of this year. But here’s some of the most recent action. Symplified recently raised $6M from Granite Ventures and Allegis Capital. Rally Software just raised $16.8M from Mohr …

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file under: Blog, Venture Capital

On focused investing

Bill Flagg (who recently sold his company, RegOnline) wrote a great post called Focused Investing on his blog. In it, Bill tries to reconcile his historical mode of investing (full speed on one thing at a time) with what the rest of the world seems to do (diversified asset portfolio theory). His conclusion: “Wait for …

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file under: Blog, Venture Capital