During an economic downturn, Scale Venture Partners' Sharon Wienbar explains to Sarah Lacy in this excerpt from a Yahoo Tech Ticker interview, "the strong get stronger, the weak get weaker, the strong buy the weak." Which means that while founding developers are off waiting for their $300 economic stimulus check and…
MerchantCircle has secured an additional $10 million in series B funding from past investors Rustic Canyon Partners, Scale Venture Partners, and Steamboat Ventures (Disney's VC arm), as well as new investors including Barry Diller's IAC and Square 1 Bank. The press release claims, "the investment validates the…
The Valley's venture capitalists fall into and out of love with enterprise software. Today, with Facebook and other social networks the talk of the town, it's hard for the makers of boring IT products to get attention. But not, it seems, money. Splunk, in a lightning-fast fundraising effort, has pulled in $25…
