Icera exit is good news for startups

Rick Clucas
5/16/2011 4:16 AM EDT

Congratulations Stan [Boland, CEO of Icera], you did it again! With the news of Icera being acquired, we are sure to be hearing the biggest sigh of relief for a long time from the European venture capital industry.

If you spoke to a VC executive in the last six years, they were either invested in Icera or glad they weren't. As has been widely reported, so much money had already been put in that none of the investors could afford to let it die. The fact that it has had an all-cash exit providing some return must be a huge relief for everyone concerned.

Click here to read more ...