New York City-based venture firm RRE Ventures has hired Raju Rishi as a general partner and promoted Alice Lloyd George to associate. Prior to joining RRE, Rishi was a venture partner at Sigma Prime Ventures while Lloyd George worked at Signia Venture Partners and Bridgewater Associates.
3 min read · 02 June 2015
Cloud-based computing solutions provider ADAR IT has named James Michelson as chief marketing officer. ADAR IT is backed by MK Capital.
2 min read · 02 June 2015
PagerDuty, a San Francisco-based provider of operations performance management solutions, has appointed Tim Armandpour as vice president of engineering. Previously, Armandpour worked at YapStone where he served as senior vice president of engineering and product. PagerDuty's backers include Andreessen Horowitz, Bessemer Venture Partners, Baseline Ventures and Ignition Partners.
2 min read · 02 June 2015
Munich, Germany and Irvine, California-based JenaValve Technology, a provider of transcatheter aortic valve implantation systems that treat aortic valve disease, has named Dr. Victoria E. Carr-Brendel as CEO. The appointment is effective immediately. Previously, Dr. Carr-Bendel served as general manager of Boston Scientific’s Bayer Interventional business. Its backers include Atlas Venture, Edmond de Rothschild Investment Partners, GIMV, NeoMed Management, Legend Capital, VI Partners, Sunstone Capital, Omega Funds, Biovest and Valiance Advisors.
3 min read · 02 June 2015
San Francisco-based online education marketplace Udemy has secured $65 million in Series D funding. Stripes Group led the round with participation from Norwest Venture Partners and Insight Venture Partners. In conjunction with the funding, Ken Fox, a founder and managing partner of Stripes Group, has been added to Udemy’s board of directors.
4 min read · 02 June 2015
Big data solutions provider Saama Technologies Inc has secured $35 million in funding from Carrick Capital Partners. In addition to the funding, Marc McMorris, co-founder and managing director of Carrick Capital Partners, has been added to Saama’s board of directors.
3 min read · 02 June 2015
Waltham, Massachusetts-based CounterTack, a cybersecurity solutions provider, has raised $15 million in Series C funding. TenEleven Ventures led the round with participation from other investors that included EDBI, the corporate investment arm of the Singapore Economic Development Board and Mitsui.
3 min read · 02 June 2015
Propel(x), an online investment platform for tech startups, has secured $1.5 million in seed funding. The backers included Capital Partners, Zhen Fund, TEEC Angels, TBN Network and CLI Group as well as senior executives at Lending Club.
3 min read · 01 June 2015
Santa Clara, California-based cyber security company Cyphort has raised $30 million in Series C funding. Sapphire Ventures led the round with participation from return backers Trinity Ventures, Foundation Capital and Matrix Partners.
3 min read · 01 June 2015
Watertown, Massachusetts-based Arsenal Medical, a maker of foam and nanofiber products, has secured $16 million in funding. The investors were Polaris Partners, North Bridge Venture Partners and Intersouth Partners. Also, 480 Biomedical, which spun out of Arsenal Medical and is a maker of bioresorbable scaffold products, has secured $10.5 in funding. The backers were the same as those who participated in Arsenal's recent funding round.
4 min read · 01 June 2015
