NVCA survey: VC industry still very white, mostly male

There’s been a lot of media buzz in recent months about the lack of racial and gender diversity in the tech startup landscape. Now new data from the National Venture Capital Association indicates that the VC field is similarly homogenous: It’s very white and mostly male.

Eric Schmidt: Web competition is alive and well — just ask VCs

Google chairman Eric Schmidt says his company is not quashing competition in the web industry — and has pointed to the fact that search startups like Hipmunk are still receiving millions in venture capital funding as proof. But does this really mean there’s a level playing field?

Rounds gets $3M to take its video chat app beyond Facebook

Rounds, a startup that makes a popular video chat app for Facebook, has raised $3 million in new funding. The Israel-based company says it will use the money to expand its video chat service beyond Facebook to other social networks and onto mobile devices.

Okta unlocks access to the corporate cloud

Okta, a startup that makes identity and access management software for enterprises, has closed $16.5 million in new funding. Okta’s software enables multiple people within an enterprise to sign in to the company’s web-based applications, whether they’re in the cloud or behind a firewall.

VC funding for web reaches 10 year high

Venture capital investments continued to grow at a rapid clip during Q2 2011, with investments in Internet-specific companies rising to the highest quarterly level since 2001. But some industry experts are saying that the current level of VC activity may be unsustainable.

New Startup? Dude, There’s a (Genome) Map for That

Why do bad startups happen to good people? Released today by seed accelerator Blackbox, the Startup Genome Report is a comprehensive map of the factor’s beyond luck, talent and money that make Silicon Valley startups successful.