Private Equity
Square has acquired the team behind venture capital-backed Framed Data, according to a blogpost. The new hires will build models for Square Capital. Framed Data, which offered a machine learning product, raised $2 million in seed funding from GV, Innovation Works and others.
1 min read · 15 March 2016
A partner at Sequoia Capital has left, the Silicon Valley venture capital firm said on Sunday, days after a lawsuit was filed accusing him of sexually abusing a woman and not honoring an agreement to compensate her.
2 min read · 14 March 2016
Boston-based OpenView Venture Partners announced it has hired Elizabeth Cain as vice president of Go-to-Market (GTM) Strategy. The firm said Cain will be responsible for all go-to-market initiatives for the firm’s portfolio, including market research, sales and marketing recruiting, strategy and training.
1 min read · 08 March 2016
Canadian private markets investor Northleaf Capital Partners has hired Dominic Owen and Mitch Reeves as associates on the firm's private equity team. Operating from Northleaf's Toronto headquarters, they will focus on originating, evaluating and monitoring private equity investments. Prior to joining the firm, Owen served as an investment banking associate and analyst at Paradigm Capital. Reeves previously worked as an associate in Scotiabank's Canadian debt capital markets group.
2 min read · 04 March 2016
Prosper Marketplace named David Kimball as chief financial officer. Kimball will start at the company in mid-March. He is currently senior financial officer in the chief operating office at USAA, where he has worked for nine years. Prior to USAA, Kimball was an executive at Ford Motor Co.
3 min read · 03 March 2016
Canadian life sciences venture capital firm Lumira Capital has appointed Dr. Richard Glickman, Frank Stonebanks and Dr. Brian Underdown as venture partners. Glickman currently chairs Aurina Pharmaceuticals Inc and enGene Inc, both Canadian portfolio investments of Lumira. Stonebanks is currently managing general partner of Blackcomb Advisors LLC, a strategic advisor to life sciences companies and investors. Underdown, who joined Lumira in 1997, has served as a managing director. Toronto-based Lumira said the appointments lend support to its investment and corporate partnering initiatives and expand its presence in Canadian and U.S. life sciences innovation hubs.
4 min read · 03 March 2016
Fred Fraenkel has joined Cowen Group Inc as Vice Chairman. Previously, Fraenkel was President of Fairholme Capital Management and Chief Research Officer since 2011, is the former Vice-Chairman and Chairman of the Investment Policy Committee of Beacon Trust Company. Fraenkel also founded Millennium 3 Capital in 2000, a venture firm specializing in early stage companies.
3 min read · 03 March 2016
Eric Schmidt, the former chief executive officer of Google, has agreed to head a new Pentagon advisory board aimed at bringing Silicon Valley innovation and best practices to the U.S. military, Defense Secretary Ash Carter said on Wednesday.
2 min read · 02 March 2016
MapR Technologies Inc said Wednesday that David Cross has joined as Chief Marketing Officer and member of the executive team. Jack Norris will assume the role of SVP, Data and Application, while Geneva Lake will take on the role of VP of Worldwide Business Development. MapR, which provides a converged data platform for big data technology, is backed by Google Capital, Lightspeed Venture Partners, Mayfield Fund, NEA, Qualcomm Ventures and Redpoint Ventures.
3 min read · 25 February 2016
Martin Casado is joining Andreesen Horowitz as a general partner, the firm announced in a blog post. Casado co-founded Nicira, a software-defined networking company, which was acquired by VMware for $1.26 billion in 2012. Andreesen Horowitz was Nicira’s first institutional investor.
1 min read · 24 February 2016
