Coursera’s chief product officer just left to become a VC

 Tom Willerer, who has spent the last four years with the online education company Coursera — the last two as its chief product officer — is moving on from the outfit to become a venture capitalist. Specifically, Willerer is joining Venrock, a venture firm founded nearly 50 years ago to build off the successful investing activities of the Rockefeller family. Read More

Benchmark just funded a stealthy AI company founded by Qualcomm’s former head of R&D

 Nayeem Islam has spent the last eight years with chipmaker Qualcomm, where he founded its Silicon Valley-based R&D facility, recruited its entire team and oversaw research on all aspects of security, including applying analysis techniques like machine learning on mobile devices and in the network to detect threats early. Now Islam and a group of former execs have created their own company… Read More

Benchmark just funded a stealthy AI company founded by Qualcomm’s former head of R&D

 Nayeem Islam has spent the last eight years with chipmaker Qualcomm, where he founded its Silicon Valley-based R&D facility, recruited its entire team and oversaw research on all aspects of security, including applying analysis techniques like machine learning on mobile devices and in the network to detect threats early. Now Islam and a group of former execs have created their own company… Read More

Atomic, a startup studio backed by Peter Thiel, ups its ambitions

 Atomic isn’t a household brand, but Peter Thiel and Marc Andreessen know it fairly intimately. The two billionaire investors, along with the venture firm Felicis Ventures, were among the earliest investors in the four-year-old, San Francisco-based startup studio, which closed its debut fund with $20 million. Now Atomic is looking to raise five times that much capital for its… Read More

Icon Ventures raises its biggest fund ever, though just by a smidgen

 Funds have been ballooning in size as more money continues to flood into Silicon Valley, looking for higher returns than can be found elsewhere. VCs also like raising progressively bigger funds because doing so gives them bragging rights. Now Icon Ventures has closed its sixth fund with $265 million in commitments — its largest fund to date. Read More