G1 Therapeutics said Tuesday that it has named Dr. Seth Rudnick as executive chairman of its board of directors. The appointment is effective immediately. Dr. Rudnick is recently retired from Canaan Partners. Based in Chapel Hill, North Carolina, G1 is a pharmaceutical company focused on cancer therapy and biodefense applications. It is backed by MedImmune Ventures, Hatteras Venture Partners and Mountain Group Capital.
3 min read · 07 January 2014
ThinkLink Supply Chain Services has received $1.6 million from Aspada Investment Company. According to ThinkLink, the capital infusion will be used to strengthen the firm's professional development, vocational skills and staffing division. Based in India, ThinkLink is a provider of turnkey project management, design, skill development, and staffing services.
3 min read · 07 January 2014
Maverix Biomics said Tuesday that it has secured $6 million in Series A funding. The round was co-led by Asset Management Ventures, Andreas Bechtolsheim and Dr. Andrew Yang. As a result of the financing, Dr. Louis G. Lange, a general partner at Asset Management Ventures and Dr. Yang have joined the company's board. Based in San Mateo, Calif., Maverix Biomics is a provider of solutions for next-generation sequencing genomic data analysis.
4 min read · 07 January 2014
CTPartners has hired Robert Wilder as managing partner of Middle East and North Africa. He will be based in the firm's Dubai office. Previously, Wilder worked at Spencer Stuart. Headquartered in New York, with offices all over the world, CTPartners is an executive search firm that serves a wide variety of sectors, including private equity and venture capital.
2 min read · 07 January 2014
Soft Tissue Regeneration has raised $5 million in financing. Existing backers Connecticut Innovations and Launch Capital led the round with participation from The Vertical Group. Also Dr. Dane Miller, Dr. Charles Hart and Richard Emmitt have been named to STR's board of directors. Based in New Haven, Conn., STR is a provider of regenerative orthopedic devices.
3 min read · 06 January 2014
According to VentureWire, Plated (which is also known as DineInFresh) has closed $5 million in Series A funding. Ff Venture Capital led the round with participation from Lerer Ventures, Founder Collective, Great Oaks Venture Capital and various angel investors. Based in New York City, Plated is a meal ingredient and recipe subscription service.
1 min read · 06 January 2014
Cvent said Monday that it has filed to sell 4.8 million shares of its common stock in a secondary public offering. Morgan Stanley and Goldman Sachs will serve as lead underwriters. Based in McLean, Virginia, Cvent is an event management platform. Its backers include Insight Venture Partners, Greenspring Associates and New Enterprise Associates.
3 min read · 06 January 2014
Launch Angels said Monday that it has raised nearly $1 million for its its first venture fund named Where Angels Fund. The pool's LPs are associates from Where, Inc., which was bought by PayPal in 2011. The fund will focus on early-stage companies with an emphasis on mobile and consumer internet firms. Launch Angels is an investment platform focused on equity crowdfunding deals.
3 min read · 06 January 2014
TIO Networks Corp., which is based in Vancouver, British Columbia and backed by Inter-Atlantic Group, has closed its buy of Globex Financial Services and its operating business Global Express. No financial terms were disclosed. Globex Financial Services is a provider of expedited bill payment services.
3 min read · 06 January 2014
Q Factor said Monday that it has named Doug Pasko to its board of advisors. Paskso is a director in the network and technology group at Verizon. Headquartered in Waltham, Mass., Q Factor is a provider of solutions that streamline the delivery of rich media to any device on any network. It is backed by Sigma Prime Ventures and Venrock.
2 min read · 06 January 2014