Other onetime early-stage VCs doing more buyout-type financing include Benchmark Europe, Battery and Vantage Point.
A source tells us that the startup has raised an initial round of financing from Benchmark Capital's Israel fund.
To bolster its growth, the company has raised $12 million in Series B financing from Benchmark, and has added general partner Matt Cohler to its board.
A month after launch, TVtrip has secured another round of financing from Benchmark's European Branch, Balderton, and Partech, which will be announced tomorrow.
It would also help those candidates in seeking endorsements, as some civic groups make campaign finance participation a benchmark in their decisions to endorse candidates.
About half of the fund's assets are invested strictly in line with the finance ministry's benchmark indexes.
To do that, Timescale has raised $12.4 million in a new round of financing led by Benchmark Capital, with NEA and Two Sigma Ventures participating, with Benchmark's Peter Fenton joining the startup's board of directors.
"When you bridge the gap between finance and operations, we benchmark [the various business processes] and the CFO is exposing where and how the various processes break down.
Scott D. Cook, the founder of Intuit and a prominent entrepreneur and investor, has taken the Snapchat founders under his wing, and the start-up recently raised $13.5 million in venture financing, led by Benchmark Capital, which values the company at $60 million to $70 million even without an established revenue stream.
They've raised just $650,000 in a single financing round from Benchmark Capital and First Round Capital in November 2006.
