Private Equity
Canadian specialty tea retailer DavidsTea Inc (Nasdaq: DTEA) has appointed Joel Silver as its president and CEO. He succeeds Christine Bullen, who served as the company's interim head and will now return to her prior role as U.S. managing director. Silver joins DavidsTea with more than 20 years of consumer industry experience, most recently as general partner of TrilogyGrowth, a Canadian consumer-focused venture capital firm he co-founded. Silver previously served in a number of senior executive roles, including as president of Indigo Books & Music Inc. Montréal's DavidsTea went public in 2015.
3 min read · 14 March 2017
StartX, the accelerator for Stanford-affiliated entrepreneurs, said founder and CEO Cameron Teitelman would shift his role to board chairman and that Joseph Huang would become the new CEO.
1 min read · 08 March 2017
Paktor Group, a Southeast Asia dating app provider, has named Shang-Hsiu Koo as chief financial officer. Previously, Koo worked at Jiayuan.com where he served as CFO. Paktor is backed by K2Global and MNC Media Group.
2 min read · 07 March 2017
Chicago-based venture firm Ringleader Ventures has appointed Tony Burke to co-lead Oper8, its third venture fund focusing on healthcare providers. Burke is the former president and CEO of American Hospital Associate Solutions.
2 min read · 07 March 2017
Indianapolis-based Lessonly, a team-learning software, has expanded its leadership staff with three new hires. Joining the company are Zoe Meinecke as director of services, Megan Jarvis as director of talent and Kyle Lacy as vice president of marketing. Lessonly's backers included OpenView Venture Partners and High Alpha Capital.
2 min read · 03 March 2017
Lux Capital, which invests in robotics, drones, driverless cars, 3D technologies, VR, AR and related scientific technologies, announced in a blog post it has raised $400 million for a new venture fund. Fund V is nearly 15 percent larger than the $350 million the firm raised for Fund IV, which closed in 2015, according to Thomson Reuters. As part of the fund close, Lux also announced Renata Quintini has joined the firm as a partner. She previously was a general partner with Felicis Ventures, which she joined in late 2011 and where she invested in Dollar Shave Club, Bonobos and MetroMile, among others. She also blogged on Medium about her decision to join the Lux team, which she says she met eight years ago.
1 min read · 28 February 2017
Breakthrough Energy Ventures has named Eric Toone as executive managing director and science lead and David Danielson as managing director for science. Toone recently led the Innovation and Entrepreneurship Initiative at Duke University while Danielson was a Precourt Energy Scholar at Stanford University and prior to that, he worked seven years at the U.S. Department of Energy.
3 min read · 27 February 2017
Blockchain Capital has appointed Spencer Bogart as managing director and head of research. Previously, Bogart worked at Needham & Co.
2 min read · 24 February 2017
Pacific View Asset Management have added Joan Schriger and Brian O'Keefe to its team. Both are founders of Pharus Capital Management LLC.
2 min read · 22 February 2017
Providence, Rhode Island-based Utilidata, a software company focused on energy efficiency and grid security, has appointed Ed Hammersla as CEO. Previously, Hammersla was the president of Forcepoint Federal LLC and chief strategy officer of Forcepoint. Utilidata's backers include Formation 8 Partners, Saudi Aramco Energy Ventures, Braemar Energy Ventures and American Electric Power.
3 min read · 21 February 2017
