Funding

VCs Invested $6.9B In 841 Deals In Q1 2013, Funding Up 17 Percent, Deal …

Private company Mamp;A and venture capital database CB Insights has issued its Q1 2013 report on venture capital and deals. According to the report, VCs invested $6.9 billion across 841 deals (eclipsing a Q3 2012 high), which is the highest level since dot-com days, says CB Insight. You can find a full copy of the [...]

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Foursquare has raised $41M in new funding: report

Foursquare is back in the money. The New York City startup, which pioneered location-based social media with check-ins, raised $41 million in fresh financing, according to a Bloomberg Businessweek report. CEO Dennis Crowley said the money came from private-equity firm Silver Lake Partners and a group of venture capitalists, including Union Square Ventures and Andreesen [...]

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Obama Budget Increases Taxpayer Funding of Abortion

President Obama’s fiscal year (FY) 2014 budget released yesterday persists in entangling taxpayer dollars in the abortion industry. Obama’s budget includes $327 million for Title X family planning programs, a more than $30 million increase over last year’s request. Title X is one of a number of sources of government funding to Planned Parenthood, which [...]

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Malloy, hospitals at odds over funding

HARTFORD — In white lab coats and blue nurses scrubs, hundreds of medical professionals from throughout the state joined hospital administrators and lobbyists Thursday, trying to prevent a two-year, $550-million reduction in aid. During a Connecticut Hospital Day lobbying campaign, they warned of possible layoffs to make up the difference. Gov. Dannel P. Malloy, in [...]

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Pentagon promises funding for Lockheed missile defense system

By Yamil Berard yberard@star-telegram.com GRAND PRAIRIE — The Pentagon has pledged additional funding to complete development of a controversial $4.8 billion missile defense program being designed by Lockheed Martins Missiles and Fire Control unit in Grand Prairie. In a letter to officials in Germany and Italy, which are partners in the program, Defense Secretary Chuck [...]

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New Plan Would Put Water and Roads Funding in Voters’ Hands

Water and roads are hot topics at the Texas legislature this session, as for the first time in several sessions, lawmakers make real efforts to fund new water and road projects for the growing state. While there seems to be a broad consensus that significant new funding is needed; as expected, its in the particulars [...]

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Higher Education Funding Bill To See Senate Floor Debate

JEFFERSON CITY, Mo. (MDN) After Gov. Jay Nixon called for increased performance-based funding for higher education in his State of the State address this January, a funding model doing just that will finally reach the Senate floor for debate. The higher education funding formula bill was voted out of the Senate Education Committee Wednesday in [...]

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OpenCoin raises funding from Bitcoin Opportunity Fund and others

OpenCoin has closed an angel round of funding with participation from Andreessen Horowitz, FF Angel IV, Lightspeed Venture Partners, Vast Ventures, and the Bitcoin Opportunity Fund; an investment vehicle for Bitcoins and Bitcoin-related companies. The involvement of Bitcoin might sound a little odd, given its recent spike and trememendous nosedive in the markets yesterday, but [...]

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Obama budget requests US funding shift for IMF

WASHINGTON (Reuters) – President Barack Obama asked Congress again on Wednesday to permanently boost US funding to the International Monetary Fund, a measure that would increase the clout of China and other big emerging economies at the institution. In his fiscal 2014 budget request, Obama sought authority to shift a previous $63 billion US contribution [...]

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Fate of Columbia River Crossing funding uncertain in divided Washington …

Both budget proposals were status quo budgets — they arent based on increased revenue, so they dont provide new funding for any of the states big transportation projects. However, both proposals allocated several million dollars in preliminary design funding to the Columbia River Crossing project, as the Washington Legislatures done since 2005. But this funding [...]

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