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News
Venture Capital firms add tough riders to fund-raising pacts
Venture Capital (VC) funds have invested billions of dollars in Indian start-ups in the last two years, often at seemingly outlandish valuations. But as valuations have risen, investors have ensured their capital is protected by adding tough clauses to their fund-raising agreements. In the process, start-up founders and employees may be left with very little after a sale. Full investment news article
Cloud security startup Zenedge raises $4M led by Canada's Telus
Zenedge announced today that it took in a $4 million series B round led by Canadian telecommunications company Telus. The San Jose, Calif.-based startup said that it will use capital to expand its services in Canada and Europe by adding new DDoS mitigation services in Toronto and Amsterdam. Full investment news article