By Evan Vitale
Here are some venture capital news stories that are making headlines.
The Denver Post has a written a nice piece on the Colorado Venture Summit and how the event puts local tech companies in front of investors.
Meeting and networking is what the annual summit is all about. For those who are committed to a full day of one-on-one sessions, they’ll get up to eight 10-minute sessions with either potential investors or tech companies, said David Gold, the summit’s organizer as well as managing director at Access Venture Partners. But there’s also plenty of time for random meetings, plus the evening events.
While Gold plans to do follow-up with participants, it’s difficult to say whether a meeting led to an actual venture investment. But it’s all linked, he said.
The full article is here: http://dpo.st/22Vc9pg
According to the Minneapolis StarTribune, When I Work – a St. Paul software firm – has finished its biggest round of capital raising by scoring $15 million from investors led by Drive Capital of Columbus, Ohio.
When I Work offers an app (which is growing in popularity) that schedules work at small businesses and temporary jobs. The firm’s executives said they expect to double the number of people at the company to about 200 over the next 18 months and that they are looking for new office space, potentially in Minneapolis. “We’ve got it narrowed down to a handful of locations,” Chief Executive Chad Halvorson said.
The full story is here: http://strib.mn/25NHm2C
The Atlanta Business Chronicle is reporting that a Menlo Park, Calif.-based venture capital firm focused on the technology industry is opening its first office outside of Silicon Valley in Atlanta.
Centerview Capital Technology Management LP is opening an office in Buckhead that will be led by David Dorman, one of the founding partners of Centerview and the former chairman and CEO of Dallas-based AT&T Inc. (NYSE: T).
The article is here: http://bit.ly/28neZHp