Private Equity
Intel Capital veteran Lisa Lambert has been named a managing partner at the Westly Group, according to a press release
1 min read · 25 May 2016
Kent Thexton has been selected to head ScaleUP Ventures, a Toronto-based venture capital firm launched last year. He has assumed the role of general partner and will be responsible for overseeing the firm's early-stage investment activity in Ontario. Prior to joining ScaleUp, Thexton was a managing director at OMERS Ventures. He also spent close to 25 years as a founder and operator of a number of technology companies. ScaleUP is currently raising its debut fund, ScaleUP Ventures Fund I, which received a $25 million commitment from the Ontario government in April 2015. With Thexton's hire, the firm announced the fund's target has been increased from $50 million to $75 million.
4 min read · 24 May 2016
Kent Thexton has been selected to head ScaleUP Ventures, a Toronto-based venture capital firm launched last year. He has assumed the role of general partner and will be responsible for overseeing the firm's early-stage investment activity in Ontario. Prior to joining ScaleUp, Thexton was a managing director at OMERS Ventures. He also spent close to 25 years as a founder and operator of a number of technology companies. ScaleUP is currently raising its debut fund, ScaleUP Ventures Fund I, which received a $25 million commitment from the Ontario government in April 2015. With Thexton's hire, the firm announced the fund's target has been increased from $50 million to $75 million.
4 min read · 24 May 2016
Sam Brasch has joined Kaiser Permanente Ventures as a senior managing director, according to a press release. He previously served as a managing director at the firm before leaving in 2014 to become a venture partner at New Leaf Venture Partners, according to the release and his LinkedIn profile.
1 min read · 23 May 2016
Palo Alto, California-based Vera announced that Mark Leslie, founder, chairman and former CEO of Veritas Software, will join the company board. The appointment comes as Vera also announced that it recently closed a strategic investment from Capital One Growth Ventures to its oversubscribed Series B funding round. Vera, formerly known as Veradocs, had previously announced a $17 million funding round in February led by Sutter Hill Ventures, with participation from existing investors Battery Ventures and Amplify Partners. The company, which provides solutions for businesses to secure, track and share digital information across platforms and devices, has now raised $35 million in total funding.
3 min read · 10 May 2016
Palo Alto, California-based Vera announced that Mark Leslie, founder, chairman and former CEO of Veritas Software, will join the company board. The appointment comes as Vera also announced that it recently closed a strategic investment from Capital One Growth Ventures to its oversubscribed Series B funding round. Vera, formerly known as Veradocs, had previously announced a $17 million funding round in February led by Sutter Hill Ventures, with participation from existing investors Battery Ventures and Amplify Partners. The company, which provides solutions for businesses to secure, track and share digital information across platforms and devices, has now raised $35 million in total funding.
3 min read · 10 May 2016
Norman Winarsky has joined Canadian venture capital firm Relay Ventures as its first ever executive-in-residence (EIR). Winarsky is the former president of SRI Ventures, the venture investment arm of SRI International, a research institute founded by Stanford University. SRI has been responsible for the launch of more than 60 ventures valued at over $25 billion. As an EIR based in Relay's office in Menlo Park, California, Winarsky will advise the firm's portfolio companies and support its investment team with due diligence on potential deals.
3 min read · 09 May 2016
Norman Winarsky has joined Canadian venture capital firm Relay Ventures as its first ever executive-in-residence (EIR). Winarsky is the former president of SRI Ventures, the venture investment arm of SRI International, a research institute founded by Stanford University. SRI has been responsible for the launch of more than 60 ventures valued at over $25 billion. As an EIR based in Relay's office in Menlo Park, California, Winarsky will advise the firm's portfolio companies and support its investment team with due diligence on potential deals.
3 min read · 09 May 2016
Venky Ganesan was named chair of the National Venture Capital Association board for the 2016 to 2017 period, the organization said. Ganesan, a managing director at Menlo Ventures, succeeds Jon Callaghan, a general partner at True Ventures.
4 min read · 05 May 2016
A dispute between general partners has roiled operations at the Xfund, according to reports in The New York Times and Fortune.
1 min read · 05 May 2016
