Thomvest Ventures Inc., continuing its backing of alternative finance companies, led a $30 million investment round this month in Kabbage Inc., which uses non- traditional credit analysis to provide cash advances to small businesses.
Mary Meeker predicted a $50 billion online advertising boom in an address at the annual Web 2.0 Summit in San Francisco today. The Morgan Stanley analyst said as well that mobile commerce may gain market share faster than traditional online retailing.
DocuSign Inc., a provider of electronic-signature services, raised $47.5 million in a financing round led by Kleiner Perkins Caufield & Byers and added Mary Meeker, a partner at the venture firm, to its board.
Mary Meeker , the Morgan Stanley technology analyst who gained renown for predictions on Internet growth in the 1990s, is leaving the bank to join venture capital firm Kleiner Perkins Caufield & Byers as a partner.
Starbucks Corp., the largest coffee- shop chain, will use Square Inc.’s payment system in 7,000 stores and invest $25 million in the startup, making it easier for customers to make purchases with mobile phones.