Private Equity
Zenefits, a human resources software startup that has been beleaguered by compliance issues, is laying off more than 100 employees, as investors point to the company as a cautionary tale for startups that try to grow too quickly, Reuters reported.
2 min read · 14 June 2016
Zenefits, a human resources software startup that has been beleaguered by compliance issues, is laying off more than 100 employees, as investors point to the company as a cautionary tale for startups that try to grow too quickly, Reuters reported.
2 min read · 14 June 2016
New Enterprise Associates has promoted Amit Mukherjee to principal and Blake Wu to senior associate. Mukherjee joined NEA in 2012 Wu came on board in 2014.
2 min read · 14 June 2016
New Enterprise Associates has promoted Amit Mukherjee to principal and Blake Wu to senior associate. Mukherjee joined NEA in 2012 Wu came on board in 2014.
2 min read · 14 June 2016
San Francisco-based Mesosphere, a data center operating system provider, has expanded its leadership team with six new appointments. They are William Freiberg as chief operating officer; John Kaelle as chief financial officer; Travis Patterson as senior vice president of global sales; Joni Reicher as vice president of people; Edward Hsu as vice president of product marketing; and Tal Broda as vice president of engineering. Mesosphere is backed by A Capital, Andreessen Horowitz, Data Collective, Fuel Capital, Hewlett Packard Enterprise, Khosla Ventures, Kleiner Perkins Caufield & Byers, Triangle Peak Partners and Microsoft.
5 min read · 14 June 2016
San Francisco-based Mesosphere, a data center operating system provider, has expanded its leadership team with six new appointments. They are William Freiberg as chief operating officer; John Kaelle as chief financial officer; Travis Patterson as senior vice president of global sales; Joni Reicher as vice president of people; Edward Hsu as vice president of product marketing; and Tal Broda as vice president of engineering. Mesosphere is backed by A Capital, Andreessen Horowitz, Data Collective, Fuel Capital, Hewlett Packard Enterprise, Khosla Ventures, Kleiner Perkins Caufield & Byers, Triangle Peak Partners and Microsoft.
5 min read · 14 June 2016
Deborah Hopkins, CEO of Citi Ventures and chief innovation officer at Citi, is set to retire this year, according to news report.
1 min read · 13 June 2016
A new Boston venture firm Underscore.VC has launched, according to its website. Michael Skok, an ex-general partner at North Bridge Venture Partners, is a co-founder and investing partner at the firm. Other co-founders are C.A. Webb, a former executive director of the New England Venture Capital Association and John Pearce, who previously worked at Actifio, Demandware and AppIQ. Also, Chris Lister is joining the team as executive-in-residence after previously serving as chief revenue officer/senior vice president of sales and marketing at Constant Contact.
1 min read · 13 June 2016
A new Boston venture firm Underscore.VC has launched, according to its website. Michael Skok, an ex-general partner at North Bridge Venture Partners, is a co-founder and investing partner at the firm. Other co-founders are C.A. Webb, a former executive director of the New England Venture Capital Association and John Pearce, who previously worked at Actifio, Demandware and AppIQ. Also, Chris Lister is joining the team as executive-in-residence after previously serving as chief revenue officer/senior vice president of sales and marketing at Constant Contact.
1 min read · 13 June 2016
CleanSlate Centers, a network of outpatient addiction treatment centers, has promoted Gregory C. Marotta to president and CEO. Previously, Marotta was chief operating officer of the company. CleanSlate is backed by healthcare-focused venture firm Apple Tree Partners.
3 min read · 13 June 2016