I've been a business reporter for a while. I've covered Wall Street, venture capital and now private equity. I'm always looking for a scoop or something to talk about. I'm the eternal optimist and am still waiting for the Chicago Cubs to win the World Series. Yes, I believe.
New Enterprise Associates Inc. said Tuesday that it promoted Sara Nayeem to partner. Dr. Nayeem joined NEA's healthcare team in 2009 and is focused on investments in biopharma.
2 min read · 28 October 2015
Blockade Medical LLC said Tuesday that it closed a round of equity financing, which included new investment from TitanMed Capital and GP Healthcare Capital. Financial terms weren’t announced. Irvine, California-based Blockade is a medical device company that develops catheter based therapeutic devices for the treatment of cerebral aneurysms and ischemic strokes.
2 min read · 28 October 2015
Pauline Brown has resigned as LVMH’s Chairman for North America effective end 2015. She will be pursuing other opportunities, the company said.
2 min read · 28 October 2015
The Carlyle Group said Wednesday that Jay Fishman has resigned as a member of the Board of Directors of Carlyle Group Management LLC effective Oct. 27. He resigned due to health issues. Carlyle has named Anthony Welters, Executive Chairman of the Black Ivy Group LLC and Senior Adviser to the Office of the CEO of UnitedHealth Group, as an independent director.
2 min read · 28 October 2015
Pendo said Thursday it raised an $11 million Series A round led by Battery Ventures. Also participating were Salesforce Ventures and existing seed investors Contour Venture Partners, Core Capital Partners and IDEAFund Partners. Raleigh, North Carolina-based Pendo provides a platform to help companies improve onboarding and product engagement.
4 min read · 28 October 2015
TravelClick, a portfolio company of Thoma Bravo, has acquired ZDirect. Financial terms weren’t announced. Located in Ottawa and South Carolina, ZDirect provides a customer relationship management platform in the hospitality sector. Waller Capital advised ZDirect.
3 min read · 28 October 2015
Brian Regan has joined Spectrum Equity as a Managing Director and Chief Financial Officer. Most recently, Regan served as CFO at Shutterfly Inc.
2 min read · 28 October 2015
Private equity firm KKR & Co LP (KKR.N) reported a wider than expected third-quarter loss on Tuesday, as a stock market rout weighed on the value of its assets, yet it sought to please its shareholders by announcing a $500 million stock repurchase, Reuters News reported.
2 min read · 28 October 2015
Monashees Capital has invested $1.6 million in Kickoff. São Paulo-based Kickoff is a dating app available on iOS and Android.
2 min read · 28 October 2015
Gen Cap America Inc. said Tuesday that it has acquired L.W. Allen Inc. Financial terms weren’t announced. Madison, Wisconsin-based L.W. Allen makes water and wastewater control systems and distributes industrial and heavy-duty pumps to municipal and industrial customers.
2 min read · 27 October 2015
