New Jersey-based growth equity investor Edison Partners has promoted three to partner. Ryan Ziegler will be promoted to general partner and Lenard Marcus and Sever Totia will be promoted to partner.
Ziegler joined Edison in 2003 and leads the firm’s interactive marketing & digital media sector. Ziegler currently serves on the boards of directors for Arkadium, Lifebooker, Magnetic, MediaBrix, NetProspex and Offerpop. He joined the firm 11 years ago as a business development associate. Prior to Edison, he worked in the financial technology industry at SEI.
Marcus leads the firm’s Heathcare IT sector. Marcus joined Edison as a business development associate in 2004 and now serves on the boards of directors for eSentire, KEMP Technologies, Lincor, PHX and Clinverse. He began his career with IBM Global Services.
Totia focuses on Enterprise 2.0 sectors, with an emphasis on mobile and education SaaS businesses. Totia joined the firm in 2007 and currently serves on boards of directors for Knowledge Delivery Systems, Ontuitive, Salsa Labs, Vox Mobile and Regent. He recently led the exit of Notable Solutions that delivered a 7.5X return to Edison. Prior to Edison, he co-led software investments at Lazard Technology Partners, a $400M venture fund.
Edison is currently in market for its eighth vehicle, which will focus on growth equity investments and is targeting $250 million, according to Private Equity International’s research and analytics division. The firm recently led a $9 million funding round for Clinverse, which provides clinical trial financing. Edison committed $5 million in the round. Co-investors in the round included Hatteras Venture Partners.