Ventech, the French venture capital firm which invests in seed and early stage companies in information technology and life sciences, has hired Philippe Bouissou as a partner.
Bouissou, who will work with fellow partner Eric Huet to coordinate the firm’s investments in the software sector, joins the firm from Allegis Capital, a Silicon Valley-based venture capital firm with $510m under management, where he was a general partner. Previously he was a senior vice president of Matra Hachette Multimedia and in 1995 he moved to Apple Computer’s Cupertino head office. He will be based in France.
“Bouissou brings to our team a rare and particularly distinctive experience in the software area, where the continued development of our start-ups most often requires a successful move into the US market,” said Alain Caffi, founding partner at Ventech.
Set up in 1998, Ventech manages approximately E200m and has a staff of eight professionals. Most recently, the firm joined with Oxford Bioscience Partners, ABN Amro and Schroder Ventures Life Sciences to provide E24.1m in second round financing for German company Alantos Pharmaceuticals. The firm’s most recent IT investment was made to Arteris, a French semiconductor start-up, which received E12m in first round financing from Crescendo Ventures, Techno Venture Management and Ventech.