Motif Investing Inc., a Web-based startup that lets investors buy baskets of stocks based on themes like home improvement and Obamacare, raised $25 million in a financing round led by Goldman Sachs Group Inc.
Alex Mantovani scanned Miami’s financial district from the fourth-floor office of Brazilian digital marketing company Grupo Avadora he opened in January. Golden keys to the city and the county, symbols of welcome, lay on a table.
SAP AG, Europe’s biggest software maker, approached MobileIron Inc. about a possible acquisition to expand in programs for smartphones and tablet computers, according to two people with direct knowledge of the matter.
David Louthan is a banker’s dream customer. The 32-year-old manufacturing engineer in Cedar City, Utah, contributes to a 401(k) and is already saving for the education of his first child, due this May. Instead of opening a savings account at a bank, Louthan joined Lending Club , an online marketplace that matches individual lenders with borrowers, where he earns interest making loans to folks whom he himself vets. “It comes down to control,” Louthan says. “I prefer to manage my own money.”
Mayfield Fund, the venture capital firm founded in 1969, is seeking a smaller pool of capital for its next fund than the $400 million it raised in 2008, according to three people familiar with the plan.