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	<title>Betabeat &#187; Women-Focused StarVest Partners Touts Current Fund&#8217;s 11th Investment</title>
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		<title>Betabeat &#187; Women-Focused StarVest Partners Touts Current Fund&#8217;s 11th Investment</title>
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		<title>Women-Focused StarVest Partners Touts Current Fund&#8217;s 11th Investment</title>

		<comments>http://betabeat.com/2011/06/women-focused-starvest-partners-touts-current-funds-11th-investment/#comments</comments>
		<pubDate>Thu, 16 Jun 2011 10:46:36 -0400</pubDate>
					<link>http://betabeat.com/2011/06/women-focused-starvest-partners-touts-current-funds-11th-investment/</link>
			<dc:creator>Adrianne Jeffries</dc:creator>
				
		<guid isPermaLink="false">http://www.betabeat.com/?p=9875</guid>
		<description><![CDATA[<p><div id="attachment_9882" class="wp-caption alignleft" style="width: 160px"><img class="size-full wp-image-9882" title="jeanne sullivan" src="http://nyobetabeat.files.wordpress.com/2011/06/jeanne-sullivan.jpg" alt="" width="150" height="187" /><p class="wp-caption-text">Ms. Sullivan, protective tweeter.</p></div></p>
<p>Soho-based <a href="http://www.starvestpartners.com/">StarVest Partners</a> doesn't do a lot of self-promotion--co-founder Jeanne Sullivan <em><a href="http://twitter.com/#!/gianna212">protects her tweets!</a></em>--so we sometimes forget that the fund has $400 million under management and invests in a significant number of New York-based internet start-ups. But the fund, headed by three female and one male partner and tends to focus on women-led ventures, issued a press release today to remind everyone that it's doing pretty well for itself.<!--more--></p>
<p>StarVest raised their second fund in 2009, a $244 million pool that was oversubscribed. They've made 11 investments to date, the latest being a follow-on financing in April in New York-based fashion site <a href="http://ideeli.com">ideeli's</a> $41 million Series C, formally announced today.</p>
<p>The fund has had several exits including <a href="http://www.fieldglass.com/" target="_blank">Fieldglass</a>, which sold for more than five times the capital it raised; <a href="http://www.icrossing.com/" target="_blank">iCrossing</a>, which was sold to Hearst to become central to the publisher's digital media strategy; and <a href="http://www.insurance.com/" target="_blank">Insurance.com</a>, which could probably sell its domain name for a tidy profit but instead sold a portion of its assets to Quinn Street and "continues to monetize its book of insurance policies in force."</p>
<p>MessageOne was acquired by Dell in 2008; <a href="http://www.netsuite.com/" target="_blank">NetSuite</a>, which joins Pandora in the single letter ticker club with NYSE: N, went public in 2007; and Connected was acquired by Iron Mountain in 2004.</p>
<p>StarVest co-founder <a href="http://starvestpartners.com/about/team/farrington.php" target="_blank">Deborah Farrington</a> was also recently named the top-ranked female executive on <a href="http://www.forbes.com/lists/midas/2011/midas-list-techs-top-investors.html" target="_blank"><em>Forbes’</em> The Midas 100 List</a> of top "dealmakers," so there's that.</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_9882" class="wp-caption alignleft" style="width: 160px"><img class="size-full wp-image-9882" title="jeanne sullivan" src="http://nyobetabeat.files.wordpress.com/2011/06/jeanne-sullivan.jpg" alt="" width="150" height="187" /><p class="wp-caption-text">Ms. Sullivan, protective tweeter.</p></div></p>
<p>Soho-based <a href="http://www.starvestpartners.com/">StarVest Partners</a> doesn't do a lot of self-promotion--co-founder Jeanne Sullivan <em><a href="http://twitter.com/#!/gianna212">protects her tweets!</a></em>--so we sometimes forget that the fund has $400 million under management and invests in a significant number of New York-based internet start-ups. But the fund, headed by three female and one male partner and tends to focus on women-led ventures, issued a press release today to remind everyone that it's doing pretty well for itself.<!--more--></p>
<p>StarVest raised their second fund in 2009, a $244 million pool that was oversubscribed. They've made 11 investments to date, the latest being a follow-on financing in April in New York-based fashion site <a href="http://ideeli.com">ideeli's</a> $41 million Series C, formally announced today.</p>
<p>The fund has had several exits including <a href="http://www.fieldglass.com/" target="_blank">Fieldglass</a>, which sold for more than five times the capital it raised; <a href="http://www.icrossing.com/" target="_blank">iCrossing</a>, which was sold to Hearst to become central to the publisher's digital media strategy; and <a href="http://www.insurance.com/" target="_blank">Insurance.com</a>, which could probably sell its domain name for a tidy profit but instead sold a portion of its assets to Quinn Street and "continues to monetize its book of insurance policies in force."</p>
<p>MessageOne was acquired by Dell in 2008; <a href="http://www.netsuite.com/" target="_blank">NetSuite</a>, which joins Pandora in the single letter ticker club with NYSE: N, went public in 2007; and Connected was acquired by Iron Mountain in 2004.</p>
<p>StarVest co-founder <a href="http://starvestpartners.com/about/team/farrington.php" target="_blank">Deborah Farrington</a> was also recently named the top-ranked female executive on <a href="http://www.forbes.com/lists/midas/2011/midas-list-techs-top-investors.html" target="_blank"><em>Forbes’</em> The Midas 100 List</a> of top "dealmakers," so there's that.</p>
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