UK investment firm Atomico Ventures has raised a $286 million fund, according to a filing with theSecurities and Exchange Commission.
The amount raised so far is $286,798,700, out of a total offering amount of $391,980,000. That leaves an additional $105,181,300 to be raised.
This is Atomico’s third fund. The firm previously raised a second fund of $165 million in March 2010.
Atomico has invested in companies in Europe, North America, South America and Asia. It’s investments include women’s digital media company DECA, wireless network company Fon, designer furniture and home accessories site MyDeco, blog search engine Technorati, e-commerce payment system TrialPay, ticketing reseller company Viagogo and inbox organizer Xobni.
At least eight of the companies that Atomico invested in have either been acquired or gone public: music streaming service Last.fm, which was acquired by CBS Interactive for $280 million; social gaming networking website Playfire, which was acquired by Green Man Gaming in 2012; social media management system Seesmic, which was purchased by Hootsuite in September; Skype, which was was bought by eBay for $3.1 billion in 2005; social and casual game developer Zattikka, which IPOed on the London AIM in 2012; instant messaging service Heysan, which was was acquired by Good Technology in 2009; digital media platform Kyte, which was was acquired by Kit Digital in 2011; and consumer product operating system Power Reviews, which was acquired by Bazaarvoice for $151m in 2012.
Some of its most activity includes a $16 million investment in Russian online travel agency OneTwoTrip, which was announced just yesterday, and leading a $105 million funding round for design inspiration website Fab in July.
There is no word on what Atomico would use the money for, but this is how it describes its investment strategy on its Vator profile:
“We primarily invest in entrepreneurs working in consumer facing technology businesses in Europe. However we are open-minded and more excited by great teams executing big ideas than in specific regions, sectors and markets.
We invest in early stage ideas but can be opportunistic when we find a compelling opportunity. We like to lead our investments, but often partner with other investors to create a diversified team to support the entrepreneurs.”
London-based Atomico was founded in 2006 by CEO Niklas Zennström and Janus Friis, co-founders of Skype and Kazaa, though there have been rumors of a split between the two former partners, and Friis’ name does not appear on the SEC document.
Vator reached out to Atomico to find out more about the fund, and will update if we hear more.
2012 funds
Kleiner Perkins Caufield & Byers closed a $525 million fund In May. In April, early-stage venture capital firm First Round Capital announced that it was going to raise its fourth fund, with a target of $135 million, while Berlin-based Earlybird raised a $100 million fund. In March, Groupon investor NEA filed with the SEC to raise $2.3 billion, while DST, one of Facebook's biggest investors, was looking to raise $1 billion.
Andreessen Horowitz secured a $1.5 billion fund in January, announcing it had raised $2.7 billion in three years. While it has only been around since 2009, Andreessen Horowitz is already a top VC firm, raking in siginificant management fees.
In June, Khosla Ventures announced a new fund for an undisclosed amount, while Madrona Venture Group closed a $300 million fund.
In August, Sequoia Capital surpassed its goal of raising $975 million for three early-stage funds, and just yesterday Nexus Venture Partners, a venture firm whose major focus is on India-based technology startups, announced Thursday that it's raised $270 million for its third fund.
Thrive Capital closed a $150 million fund in September, and in October Trinity Ventures began targeting a $325 million fund.
In the second quarter of 2012, 38 VC firms raised a total of $5.9 billion, according to the National Venture Capital Association.
(Image source: https://www.misslopez.se/tag/andreas-ehn/)
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Startup/Business
Joined Vator on
Fab is on a mission to help people better their lives with design.
Fab was founded by serial entrepreneur Jason Goldberg in February 2011 and launched on June 9, 2011. Fab’s founders are Bradford Shellhammer, Nishith Shah and Deepa Shah. Fab’s headquarters are in New York. The company also has offices in Berlin, London and Pune.
Over 6 million people around the world use Fab todiscover everyday design products at great prices, to connect with the world’s most exciting designers, and toshare their favorite design inspirations.
Startup/Business
Joined Vator on
Last.fm is a social networking company which revolves around its music recommendation engine. Recommendations are made by comparing user data to the rest of the Last.fm user community. This community gives more potential to grow into media other than music. This is most likely a reason why media giant, CBS, acquired Last.fm for $280 million in May of 2007.Last.fm grew from very modest funding compared to its competitors Pandora, ilike, MyStrands and others.
Startup/Business
Joined Vator on
Kyte is a white-label, cloud-based publishing platform for live and on-demand video. The Kyte Platform reduces the cost and complexity of delivering social video experiences to websites, mobile and connected devices. Kyte powers online video for top media companies and brands, including ABC, Armani Exchange, Clear Channel, ESPN, Fox News, MTV, Monster Energy and NATO.
Startup/Business
Joined Vator on
PowerReviews (www.powerreviews.com) is the Internet's most comprehensive developer of customer-review solutions for retailers and their shoppers. We provide customer reviews and social merchandising solutions to multi-channel retailers and their shoppers.
Our technology platform for collecting, organizing, structuring and moderating relevance-based reviews helps online retailers significantly boost their sales. PowerReviews' user-generated content and community drives the highest sales uplift in the industry, and in addition to working with more than 350 online retailers, including Staples, Toys "R" Us, REI, Ritz Camera, Walgreen's, Diapers.com and The Sports Authority.
We have also launched our own shopping research portal, Buzzillions (www.buzzillions.com). The company is based in San Francisco and is backed by Menlo Ventures and Draper Richards.
Startup/Business
Joined Vator on
viagogo is an online ticket exchange that allows people to buy and sell live event tickets in a safe and guaranteed way.
viagogo's mission is to bring efficiency and transparency to what has traditionally been a murky market place, thus allowing consumers to buy and sell tickets in a safe and guaranteed way.
At viagogo, every transaction is guaranteed. To support this, we offer full ticket tracking, managed logistics and live customer service support.
* Buyers: Once you purchase a ticket or win an auction and receive a confirmation email from us, viagogo makes sure that you receive your ticket on time for the event. If a problem arises and you do not receive your ticket, viagogo will provide similar or better tickets at the same cost.
* Sellers: We collect the money once the purchase occurs so we can make sure that you get paid.
viagogo takes security very seriously - all transactions are safe and secure. We use the most up-to-date SSL encryption technology to protect your personal and transaction information.
Angel group/VC
Joined Vator on
We are entrepreneurs with a global perspective who invest in passionate entrepreneurs with disruptive, powerful ideas.Startup/Business
Joined Vator on
The recognized authority inthe blogosphere, Technorati collects, organizes, highlights and distributes theonline global conversation, surfacing this content to millions of consumers.Founded as the first blog search engine, Technorati has become the definitivesource for the top stories, opinions, photos and videos emerging across news,entertainment, technology, lifestyle, sports, politics and business. Technoratitracks not only the authority and influence of blogs, but also the mostcomprehensive and current index of who and what is most popular in the blogosphere. The Technorati Media network matches bloggers and social media creators with marketers who want to join the conversation www.technorati.com
Startup/Business
Joined Vator on
Xobni offers a new way to organize and search your Outlook email. Xobni creates profiles for each person that emails you. These profiles contain relationship statistics, contact information, social connections, threaded conversations, and shared attachments. Our users tell us that Xobni makes your inbox work the way your mind does.Startup/Business
Joined Vator on
People share their opinion on any topic in video. There is a social software layer, much like Twitter, to follow the conversation. Loic calls it the "CNN of my friends."
There are 2,000 videos posted per day with only 1,500 people subscribed to the stealth site.
Startup/Business
Joined Vator on
Bazaarvoice brings the power of social commerce to the world's best brands. Social commerce happens when you connect customers to one another in ways that drive measurable results to your business. Our mission is to help your customers build your business. Through outsourced technology, community management services, analytics, and syndication, Bazaarvoice is the best-of-breed solution for using consumer-generated content to drive customer loyalty and multi-channel sales.
