Private Equity
Jungle Ventures has appointed Ratan Tata as a special advisor. Tata is chairman emeritus of Tata Sons.
2 min read · 02 July 2015
Qiming Venture Partners said Wednesday that it promoted William Hu to managing partner effective immediately. Hu has been with Qiming for nearly nine years and participated in several healthcare deals for the Chinese VC.
2 min read · 02 July 2015
DFJ Esprit has rebranded itself Draper Esprit as iconic U.S. venture capitalist Tim Draper agreed to work more closely with the firm to find, back and scale top European startups. In a press release, the firm said it will continue to operate as part of the Draper Venture Network for companies from Western Europe.
4 min read · 01 July 2015
Michael Denham has been appointed president of the Business Development Bank of Canada (BDC), effective August 10, 2015. Denham is currently the president of AquaTerra Corp, a Canadian water company. Prior to joining AquaTerra, he held a number of senior leadership positions at Accenture PLC, CGI Group Inc, Bombardier and McKinsey & Co. Headquartered in Montréal, BDC provides loans, consulting services, growth and transition capital, securitization and venture capital to more than 30,000 small and medium‑sized companies.
2 min read · 30 June 2015
Engine oil additive maker GFO Oil LLC has appointed Michael Parks as CEO. A spin-out of Colorado Research Technologies LLC, GFO is backed by venture fund Novus Via LP. Previously, Parks led maintenance operations at Kelley Amerit Fleet Solutions.
3 min read · 30 June 2015
Foundation Capital has named Sunil Rajaraman as entrepreneur-in-residence. Rajaraman is the co-founder and CEO of Unsugarcoat Media.
2 min read · 30 June 2015
Fairfax, Virginia-based Invincea Inc, a provider of advanced endpoint threat protection solutions, has expanded its advisory board with a number of new additions. They are Dr. Ed Amoroso, senior vice president and chief security officer of AT&T; Rand Beers, former acting secretary of the U.S. Department of Homeland Security and deputy assistant to the President for Homeland Security; and retired Lieutenant General Rhett Hernandez, former Commander of U.S. Army Cyber Command and current West Point cyber chair of Army Cyber Institute. Its backers included Aeris Capital, Dell Ventures, Grotech Ventures, Harbert Ventures and New Atlantic Ventures.
4 min read · 29 June 2015
San Francisco-based ForgeRock, a provider of identity management solutions, has named Aled Miles as executive vice president of global sales. Previously, Miles worked at Symantec. ForgeRock is backed by Meritech Capital Partners, Accel Partners and Foundation Capital.
3 min read · 26 June 2015
Halifax-based Spring Loaded Technology has won the 2015 BDC Young Entrepreneur Award, which provides a $100,000 grand prize to innovative Canadian entrepreneurs between the ages of 18 and 35. Of the ten finalists selected to compete, Spring Loaded co-founders Chris Cowper-Smith and Bob Garrish won as a result of their bionic knee-brace technology, which was developed to improve mobility, rehabilitation, strength and performance. The company, which was seeded by Innovacorp and angel investors in 2014, said it will use the prize money to help bring its technology to market this fall. The contest runner-up was Real Food Market's Melissa Butler.
4 min read · 22 June 2015
Bessemer Venture Partners, which invests from a $1.6 billion fund it raised in February, has promoted Kristina Shen from investment professional to vice president.
3 min read · 19 June 2015