New Portfolio Company: C3 IoT, March 2, 2017

C3 IoT today announced a Series E financing round at a $1.4 billion pre-money valuation. Led by Breyer Capital, a global firm with investment interest in long term-oriented entrepreneurs and teams working in artificial intelligence (AI), the funds will be used to fuel C3 IoT’s growth by expanding its product footprint and customer service capacity globally.

“AI may be the most revolutionary and interesting investment theme in the next decade. C3 IoT is well positioned to become a leader in the large and rapidly growing enterprise AI, big data software market, and we look forward to being part of this success story.” – Jim Breyer, Founder and CEO, Breyer Capital

Read Full Story >
Kensho Valued At Over $500 Million After Landing Series B Round From Wall Street
Forbes, February 28, 2017

Kensho’s insights are hardwired into some of the weightiest trading desks in the world, and are now available in a partnership with S&P Global. Daniel Nadler, 33, Kensho’s founder, tells Forbes exclusively the company has raised $50 million in a Series B funding round led by S&P Global, which values the three-and-a-half year-old startup at over $500 million.

Goldman led Kensho’s $15 million Series A round in 2014 and participated in the company’s latest round along with early venture capital investors such as General Catalyst and Breyer Capital.

Read Full Story >
Heal plans nationwide expansion for doctor house calls on demand
Tech Crunch, February 22, 2017

Already a hit in the limited California regions that it serves, doctor-on-demand startup Heal is planning to take its house call service to more cities across the country. It has been only two years since Heal’s first doctor made the first house call on the service. Since then, the company has arranged 16,000 patient house call visits, and created more than $5.9 million in savings, the company claims.

Heal is working on becoming far more than simply an on-demand service for doctor visits. According to investor Jim Breyer, the founder of Breyer Capital, and former managing partner of Accel Partners, Heal’s roadmap includes significant investment in applied artificial intelligence to improve patient outcomes and drive down costs.

Read Full Story >
Drone Maker Vantage Robotics Wins Richard Branson’s Extreme Tech Challenge
The Drive, February 3, 2017

The second annual 2017 Extreme Tech Challenge (XTC) was a close competition. Out of 25 companies, three made it to the final round of Sir Richard Branson’s version of TechCrunch Disrupt, and only two votes separated the second place contender from the winner. In the end, compact aerial camera drone manufacturer Vantage Robotics took top honors.

Branson hosted the tech competition on his private isle, Becker Island, in the British Virgin Islands. In addition to the airline and entertainment mogul, judges included venture capitalist Jim Breyer, Aspect Ventures managing partner Theresia Gouw, Hillary for America campaign CTO Steph Hannon, iTutor Group COO Jerry Huang, and software entrepreneur Tom Siebel.

Read Full Story >
Jim Breyer of Breyer Capital on what he looks for in entrepreneurs and where he is betting next
Outlook Business, December 9, 2016

Q: Do you think you will find great entrepreneurs in Artificial Intelligence, which you believe is going to make more money than the Internet in 1995 or social networking in 2005? What is it about AI that excites you?

“AI is transforming several industries including less obvious ones like content and entertainment. In my view, 60% of the return that will be generated in VC in the next decade will be in this space. It may be the most revolutionary, and is definitely the most interesting investment theme in the next decade.”

Read Full Story >
New Portfolio Company: High Fidelity

In less time than it takes to deploy a website, everyone–makers, artists, students and enthusiasts–can launch and share interconnected virtual reality environments. High Fidelity enables you to use common formats, tools and languages to build complex interactive experiences.

Read Full Story >