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Elevation Partners

Elevation Partners To Invest Up To $100 Million In Yelp

Jan 27, 2010 7:00 PM

Apparently unable to nail down a deal to sell itself to Google (NSDQ: GOOG) for upwards of $500 million, Yelp is taking more venture capital cash instead. The local reviews site has raised $25 million in a fifth round of funding from Elevation Partners; Elevation has also agreed to invest…

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Posted In: Advertising, Local, Money, M&A & Venture Capital, Venture Capital, elevation partners, yelp

Industry Moves
Palm-Backer Elevation Partners Nabs Former Apple Software Chief Avie Tevanian

Jan 12, 2010 1:14 PM

*Apple* vet Avie Tevanian has defected to what *Apple* fans might consider the dark side: He’s joining Elevation Partners, the PE firm that counts Palm (NSDQ: PALM) as one of its biggest portfolio companies. Tevanian will serve as a managing director, per DigitalDaily, and he’ll be surrounded by a number…

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Posted In: Industry Moves, Mobile, Companies, Apple, elevation partners

Palm Moves To Bolster Capital

Mar 9, 2009 3:06 PM

Palm (NSDQ: PALM) has announced it will raise money by exercising its right to remarket approximately 18.5 million common shares—the 49 percent of Elevation Partners’ last investment that Palm reserved the right to force them to sell. Palm will effectively raise some money through the market without issuing new shares,…

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Posted In: Gadgets, Money, M&A & Venture Capital, Venture Capital, Companies, Palm, elevation partners

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