AppNexus has appointed two new board members Brian McAndrews, former CEO of aQuantive and Edwin J. Gillis, former executive advisor to Skype. McAndrews is a venture partner with the Madrona Venture Group and is also on the boards of portfolio company AdReady, The New York Times Company, Clearwire Corporation, Fisher Communications and Seamless.
3 min read · 08 November 2012
This morning First Read brings you the latest on European bank deals; China's private equity search for dollars, Europe putting the adventure back into capital and reveals the force behind Angry Birds Star Wars.
1 min read · 08 November 2012
The underlying investments in funds of funds backed by CalPERS’s account for two of the top IRRs of its entire portfolio.
3 min read · 07 November 2012
Ervington Investments has acquired a 10 percent stake in waste solutions provider Waste2Tricity. Paul Heagren will be joining the company as a non-executive director.
2 min read · 07 November 2012
Takeda America Holdings is to acquire Envoy. Takeda America Holdings will acquire 100 percent of the equity in Envoy for total consideration of up to $140 million, which includes an up-front payment and progress-dependent, preclinical milestone payments. Envoy is a privately-held drug discovery company focused on finding new drugs with superior efficacy and fewer side effects than existing treatments. Takeda’s corporate venture arm, Takeda Ventures, participated in Envoy’s series A financing in October 2009.
4 min read · 07 November 2012
nFinanSe is to be acquired by AccountNow, a provider of general purpose reloadable prepaid cards in the direct-to-consumer sales channel. nFinanSe Inc. is a financial services company and provider of stored value and prepaid card solutions headquartered in Tampa, Florida.
3 min read · 07 November 2012
Healthcare diagnostics company Ortho Kinematics has appointed Paul Gunnoe as chief executive officer and Chip Wade as chief scientist. The company is venture backed by Ziegler Meditech Equity Partners, TEXO Ventures, PTV Sciences and Gatebridge Investments.
2 min read · 07 November 2012
NanoH2O, a manufacturer of cost effective reverse osmosis membranes for seawater desalination, has appointed global operations veteran, Doug Barnes as chief operating officer. The business is backed by Oak Investment Partners, Khosla Ventures, BASF Venture Capital, Total Energy Ventures International and Keytone Ventures.
2 min read · 07 November 2012
Barracuda Networks, a provider of security and data protection solutions, has appointed William Jenkins as president, chief executive officer and member of the board of directors. Jenkins, former president of EMC’s Backup Recovery Systems Division and a 16-year IT industry veteran, will lead the company’s strategy and growth as it moves towards IPO.
3 min read · 07 November 2012
Digital media and content platform Martini Media has appointed Gagan Saksena as chief technology officer. Additionally, the company has hired Scott Graham as VP of Eastern sales. Headquartered in San Francisco, Martini Media is backed by Venrock, Reed Elsevier Ventures, Silicon Valley Bank and Granite Ventures.
4 min read · 07 November 2012
