Arthur Trueger

SmartTurn Raises $5 mill in Series A

2008-01-23T15:33:00.000-08:00

SmartTurn secured $5 million in first round funding. Arthur Trueger and his venture capital company BerkeleyVC specialize in later stage funding.

SmartTurn Inc., the leading On-Demand Inventory and Warehouse Management System (WMS) provider, announced today its Series A financing led by New Enterprise Associates (NEA) and Emergence Capital Partners. The $5 million capital will be used to strengthen and accelerate development and new customer acquisition initiatives.

To read more of this story click here. Berkeley's chairman is Arthur Trueger.

Cavario Inc. Gets $16 mill in Series B Funding

2008-01-22T10:36:00.000-08:00

Cavario is an interactive marketing analytics provider and it received $16 mill in series B funding. Arthur Trueger and his company, BerkeleyVC, specialize in later staged funding when the company is closer to going public.

Covario Inc., a San Diego-based provider of interactive marketing analytics, has raised $16 million in Series B funding. FTVentures led the round, and was joined by return backers Dubilier & Co. and Voyager Capital. Covario recently changed its name from SEMDirector Inc.

To read more on this story, click here. Arthur Trueger is the chairman of BerkeleyVC.

VC Emphasis On 'Clean' Technology Could Overvalue Sector

2008-01-14T10:49:00.000-08:00

Similar to the dot-com era bubble (and subsequent burst), the 'Cleantech' sector may be heading towards a similar overvaluation. Venture capital companies, like Arthur Trueger's BerkeleyVC look for potentially profitable start up companies and help them towards becoming public.

Egged on by $100-a-barrel oil and consumers going green, venture capitalists plan to pour ever more cash into environmentally friendly technology this year, prompting talk of a bubble reminiscent of the dot-com era.
Some 61 percent of 170 venture capitalists reached by one survey said they believe the inflow of venture dollars into "cleantech" would overvalue the sector, even though many remain convinced of its long-term potential.

To read more about this story, click here. Arthur Trueger is the chairman of Berkeley Technology Limited.

Alder Biopharmaceuticals Inc. Completes $40M Series C Financing

2008-01-11T15:21:00.000-08:00

Here is a good example of later stage funding that Arthur Trueger and BerkeleyVC provide.

Alder Biopharmaceuticals, Inc., an emerging antibody therapeutics company, today announced the closing of its Series C financing. Delphi Ventures and TPG Biotech led the $40 million round. Also participating in the round were existing investors Sevin Rosen Funds, Ventures West, H.I.G. Ventures, and WRF Capital. Deepa Pakianathan, General Partner at Delphi Ventures, and Heather Preston, Managing Director at TPG Biotech, will be joining Alder's board of directors. Alder plans to use the financing to advance its lead programs through human clinical trials and to continue to advance its proprietary Mab Xpress yeast antibody production technology.

To read more about this story, click here. Arthur Trueger is chairman of BerkeleyVC.

New Opportunity for Venture Capitalists

2008-01-09T15:23:00.000-08:00

Accelerate Wisconsin is looking to improve its early-stage, venture capital performance. Venture capital companies like Arthur Trueger and his Berkeley International capital corporation look to help steer start up companies in a profitable direction.

Here is more of the story, for the complete story click here.

Buy American, Buy....Toyota?

2008-01-07T15:07:00.000-08:00

In 2007, Toyota passed Ford to become the second larget US automaker, trailing only GM. This fact poses the question "besides reliable, fuel efficient cars, what has the Japanese-based company given America?" Well take a look at these stats:

As of December 2006 Toyota has:

innvested $15.5 billion in the United States.
employed 34,675 in the United States.
produced more than 1.2 million vehicles using U.S. parts from more than 30 states.
spent more than $28 billion on those U.S. parts.
sold more than 2.5 million vehicles in the United States.
reported 1,481 dealerships in the United States.
maintained 10 plants in the United States with a $2.9 billion per year payroll.
created 386,000 new jobs in the United States in 2007.
donated $370 million USD to American charities and philanthropic organizations.

To read more on this story visit the blog, Living on Anon. Post written by Arthur Trueger.

HiWired Raises $9 Million Series B

2008-01-03T15:28:00.000-08:00

HiWired, a provider of technology support and solutions for ISPs, retailers, small businesses and consumers, today announced it has closed a $9 million Series B round led by North Hill Ventures. Kodiak Venture Partners and Sigma Partners, previous investors in HiWired's Series A funding round, also significantly participated.

To read more about this venture capital news, click here.

Clean tech paves way for new Silicon Valley industry

2007-12-30T13:48:00.000-08:00

2007 was an important year for creating a higher awareness of global warming. Many venture capitalists have found great companies that are committed to green technologies.

There were a number of moments throughout 2007 that pointed to the growing importance of the green phenomenon to Silicon Valley culture and business. But if there was a single event that crystalized the reasons why the cultural embrace of environmental issues may have been the biggest business or technology story in 2007, it may have been the November day when former vice president Al Gore announced he was joining Kleiner Perkins Caufield and Byers, the Silicon Valley venture capital firm, as a partner to focus on green businesses.

To read more click here.

2008 Outlook Good for Pharma

2007-12-21T12:35:00.000-08:00

The Big Pharma industry is set for a strong 2008, fueled by promising pipelines and cost-cutting. The biotech sector, however, may not be that lucky.

Pharmaceutical companies with up-and-coming blockbuster drugs and multi-billion dollar restructuring plans have the winning combination to boost their earnings and their stock next year, analysts say.

This would be a good indsutry for venture capital companies to look into possibly investing in the next big pharma company or affiliate. To read more about this story, click here.

Top Tech Flops of 2007

2007-12-20T08:28:00.000-08:00

Well it's that time of year again; time to write about the best and worst lists for virtually every segment of any market. Today's list deals with the worst flops in the tech industry.

1. High-tech automatic toilets - these had heated seats, air purifiers and blow dryers, among many other unnecassary features. Only problem is they had a tendency to catch fire. ouch!

2. Electronic voting machines - Nothing more needs to be said

3. John Mackey - this CEO of Whole Foods posted on a Yahoo Finance stock forum under the alias Rahodeb, and hyped himelf and his company, and trashed Wild Oats, the company he wanted to acquire.

4. Apple - After a nine year old girl sends in a letters suggesting that her iPod nano have onscreen lyrics so people can sing along, Apple's legal team replies that they don't accept unsolicited ideas and threaten to take legal action if she sends in any more suggestions. Talk about a company taking itself too seriously

5. Intel - To promote its new Core 2 Duo Processor, Intel creates a print ad featuring 6 bare-shouldered black sprinters, benath a white guy dressed for the office.

To see the other worst tech flops, go here.

NVCA Predicts Venture Capital Trends for 2008

2007-12-19T09:55:00.000-08:00

The National Venture Capital Association (NVCA) has released its predicitons for the New Year, based on a survey of many of companies in the venture capital industry. Many VC firms, like Arthur Trueger's BerkeleyVC, are looking forward to a positive year.

Venture capitalists are forecasting an active year for the industry with high growth in the CleanTech sector, an improving IPO market and fewer venture firms in 2008. These predictions are among the top line findings of the NVCA 2008 Predictions Survey. The results also show concerns about global investments in certain regions including China. Additionally, the industry believes fund sizes will become larger and returns for limited partners of venture capital funds will improve in both the short and long term horizons.

For more information on NVCA's predictions, click here.

Arthur Trueger - Chairman of Berkeley International Capital Corporation

2007-10-12T10:35:00.000-07:00

Arthur Trueger is chairman of Berkeley International Capital Corporation the venture capital firm located in San Francisco, California. Berkeley arranges private placement investments for technology companies including those in the medical and telecommunication fields.

Venture Capital

2007-10-08T11:37:00.000-07:00

Start up companies aling with growing companies often look to acquire equity in the form of venture capital. Venture capitalists help companies that show great potential but have limited operating history to raise funds. Arthur Trueger is a venture capitalist, and his company Berkeley International Capital Corporation, specializes in venture capital and consulting for the high tech industry.

Arthur Trueger - Pilot

2007-10-04T13:22:00.000-07:00

Arthur Trueger is a renowned venture capitalist. He is also a UK and FAA licensed pilot and a member of the Jersey (Channel Islands, UK) Aero Club. For more information on Arthur Trueger and flying visit www.arthuritrueger.com

Arthur Trueger and the San Francisco Ballet

2007-10-03T09:13:00.000-07:00

Arthur Trueger is a patron of the San Francisco Ballet. The San Franciso Ballet is one of the three largest companies in the US. It was formed in 1933 and has grown into offering over 100 performances annually. Helgi Tomasson has been the director since 1985 and has helped the San Francisco Ballet to become internationally famous by staging adventurous works by some of the growing talent in the industry. Arthur Trueger is proud of his involvement with the San Francisco Ballet.

Arthur Trueger

2007-08-30T12:36:00.000-07:00

Arthur Trueger is the founder of Berkeley Technology Limited. He has been responsible for approximately $2 billion of private equity investments, into many of the most successful US technology companies. He is regarded as one of the leading venture capitalists, and he has been active in the industry since 1980. He speaks French, German and some Japanese. Arthur Trueger holds AB, MA and JD degrees from the University of California.