News
September 23, 2024
Hive AI Accelerates AI Adoption with NVIDIA NIM for Private Cloud Solutions
Hive AI partners with NVIDIA to bring advanced AI capabilities to private clouds and on-premises environments, driving innovation and scalability for enterprise applications. Learn more about Hive AI’s solutions on their official website.
Source: Business Wire
Hive AI is part of VDP’s growing portfolio of innovative tech companies. View our full portfolio here.
August 11, 2023
Hive AI is seeking to raise $200 million at a $4 billion valuation
The company continues to innovate in artificial intelligence, powering solutions across industries with its cutting-edge technology.
Source: PYMNTS
January 26, 2023
OpenWeb has acquired Jeeng in a $100 million deal
The acquisition strengthens OpenWeb’s capabilities in personalized email marketing and ad targeting, further enhancing its mission to empower publishers with innovative engagement tools.
Source: Business Insider
October 27, 2022
OpenWeb has raised $170 million in its latest funding round, bringing its valuation to $1.5 billion
The company, which helps publishers target readers with ads, plans to expand into ad sales and is setting sights on going public in the future.
Source: Wall Street Journal
March 15, 2022
Rutter secures a $27 million Series A financing round led by Andreessen Horowitz
Just seven months after publicly launching, the company aims to become the “Plaid for commerce,” revolutionizing connectivity for e-commerce platforms.
Source: TechCrunch
July 29, 2021
VDP celebrates Robinhood’s journey to the IPO (HOOD)
Venture Development Partners (VDP) is pleased to announce the successful closure of their recent investment made through the SPV. We are thrilled to celebrate ROBINHOOD's journey to the IPO. Robinhood was valued at $32 billion after selling shares in IPO at $38 per share.
Sources: CNBC Markets News and Nasdaq
December 10, 2020
Source: Insense.pro news
June 29, 2020
Source: Insense.pro news
January 29, 2020
ZERØ Introduces ZERØ Lite to Help Law Firms Streamline Mobile Email Management
ZERØ Lite's cutting-edge AI saves time and generates value by helping lawyers organize emails, capture mobile-related time spent on client interactions, and prevent loss of sensitive data.
Source: PR Newswire
September 14, 2017
Cheers to Zero App, our portfolio company, on showcasing their AI-based mobile email productivity app for attorneys, at the NFX Guild Demo Day!
Zero App was one of only 14 companies to be shown to investors at the NFX Guild. The company dazzled with its pitch showcasing the AI-based mobile email productivity app for attorneys.
Source: techcrunch.com
September 12, 2017
Congratulations to Elafris on making it into the inaugural cohort at the competitive Fintech71 accelerator!
The Fintech71 accelerator picked only 10 startups to be featured in their cohort competition. The cohort officially began the week of September 18th.
Source: fintech71.com
September 9, 2017
New portfolio company: Insense Ads
Venture Development Partners invested in Insense Ads, a graduate of Starta Accelerator Batch 2 Seed Program. INSENSE is the first-ever platform (ContentTech) that connects brands and influential content creators to run FB/IG ad campaigns more effectively.
More information: insense.pro
May 17, 2017
New portfolio company: Clanbeat
Venture Development Partners invested in Clanbeat, a graduate of the 500 Startups Batch 20 Seed Program. Clanbeat is an ongoing feedback tool for monthly performance reviews, targeted at managers who care.
Source: techcrunch.com
March 31, 2017
New portfolio company: ZERO self-learning email app
ZERO is an A.I.-driven mobile email solution for the Legal and Financial industries, designed to increase email productivity and capture billable time on mobile without giving up enterprise-grade security and privacy.
January 27, 2017
New portfolio company: DIGITALL
DIGITALL is an award-winning digital agency offering UI/UX design, branding, web design and development, and digital product design. Our investment will be used to expand North American operations at DIGITALL.
July 18, 2016
New portfolio company: ELAFRIS
ELAFRIS is pioneering the integration of Artificial Intelligence into messenger chatbots precisely tailored for the banking and insurance industries, founded by FinTech & IT veterans.