NanoString Technologies, a provider of life science tools and developer of molecular diagnostics, has appointed James A. Johnson as the company’s new chief financial officer. Johnson assumes this role from Wayne Burns who will remain with the company in his new position as senior vice president, operations and administration. NanoString Technologies is backed by GE, BioMed Ventures, Clarus Ventures, Draper Fisher Jurvetson and OVP Venture Partners.
3 min read · 04 October 2012
BioMarker Strategies has appointed Jack Davis, a co-founder and former chairman and CEO of Dianon Systems, as executive chairman of the company. BioMarker Strategies is located at the Johns Hopkins Science + Technology Park in Baltimore. The company is backed by the National Cancer Institute.
3 min read · 04 October 2012
This morning First Read brings you the latest from Rovio, Brazilian private equity and where to find the top ten angel investors of New England.
1 min read · 04 October 2012
Satori Software has acquired the Postalsoft Presort software from SAP America. Founded in 1982, Satori Software is headquartered in Seattle, Washington and London, United Kingdom. The company delivers contact data quality and mailing preparation solutions.
2 min read · 03 October 2012
Mezzanine investor Praesidian Capital's Charlie Brown's Steakhouse chain of neighborhood restaurants has acquired 19 Texas Steakhouse & Saloon restaurants in North Carolina, Virginia, and West Virginia. New York-based Praesidian acquired the restaurants through its Praesidian Capital Opportunity Fund III and III-A from Boddie-Noell Enterprises, a Rocky Mount, N.C. owner of food service and land-development projects.
2 min read · 03 October 2012
Dyn, an infrastructure as a service provider has attracted a $38 million Series A minority investment led by North Bridge. Waltham, Massachusetts-based North Bridge is also an investor in Dyn clients Disqus, Quora, Demandware, Acquia, and Spil Games.
3 min read · 03 October 2012
Foundations Recovery Network, a behavioral health treatment provider, has been acquired by an investor group led by a Nick Pritzker Capital Management affiliate. Chicago-based private equity firm Sterling Partners sold the business. Terms were not disclosed.
3 min read · 03 October 2012
GT Exhaust has been sold to Industrial Acoustics Company, a portfolio company of private equity firm AEA Investors. GT was a portfolio company of CID Capital, a private equity firm based in Indianapolis, Indiana. Terms of the transaction were not disclosed.
2 min read · 03 October 2012
Jelli, a socialradio platform, has closed a $9 million round of funding led by new investors Intel Capital and Relay Ventures. Existing investor First Round Capital and individual investors including Roger Ames, former chairman of EMI Music also participated.
3 min read · 03 October 2012
Enterprise cloud communications service provider Thinking Phone Networks has secured a $16.5 million investment led by Advanced Technology Ventures (ATV) and Bessemer Venture Partners. The company also announced Bob Hower, general partner, ATV, and Bob Goodman, partner, Bessemer Venture Partners, have joined its board of directors.
5 min read · 03 October 2012
