Dorm Room Fund returns to campus with new $10.4 million fund

Dorm Room Fund, a venture capital operation that launched to invest in student-led startups, has raised a new $10.4 million fund, per SEC filings. The filing marks Dorm Room Fund’s largest fund to date, and its first that appears to include investors beyond First Round Capital, the firm that first launched the student-focused operation in […]

Codecademy sends it with Skillsoft in a $525M deal

Coding class platform Codecademy has sold to Skillsoft for $525 million, in a mix of stock and cash, marking yet another instance of consolidation in the educational technology sector. The sale comes nearly a year after Codecademy raised a $40 million Series D and pivoted its consumer-focused product to serve more enterprise customers. Then CEO […]

AngelList just closed a $25M fund to back startups based on hiring velocity

Over the past year, AngelList has grown from a platform that connects angel investors with startups to an end-to-end suite of tools, working on everything from fund operations to founder cap table management. Throughout this growth, the company has quietly amassed millions of data points that show appetite, both from investors and regular employees, for […]

Via files confidentially to go public

On-demand shuttle service and software company Via has confidentially filed to go public, the company said in a statement. The company has not yet determined how many shares will be offered or what the price range for the proposed offering will look like, as is typical for this sort of release. Via follows Reddit in […]

Array Ventures raises $56M to back tech-heavy enterprise software

Shruti Gandhi wants to clear up a misconception in first-check fundraising: Every founder doesn’t need their early-stage investors to be a shoulder for them, they just need their investor to understand their business in a way that others don’t. Most of the entrepreneurs in her portfolio for Array Ventures, a fund she started five years […]