Private Equity
Ryan Holmes, the founder and CEO of Canadian social media platform Hootsuite Media, has been named Entrepreneur of the Year by the Canadian Venture Capital & Private Equity Association (CVCA). The CVCA award recognizes Canadian entrepreneurs that have demonstrated a track record of success in delivering returns, innovation leadership and a contribution to their community. Hootsuite was founded by Holmes in 2008. Since then, it was raised US$250 million in venture capital financing, including its US$60 million follow-on round in September 2014. Holmes recently told Reuters he is actively considering plans to launch Hootsuite's initial public offering.
3 min read · 22 May 2015
FinAnalytica Inc, a provider of multi-asset class market risk management and portfolio construction solutions for the buy-side, has named Dr. Marcel Rüegg to its board of directors. Previously, Rüegg worked at JPMorgan where he served as head of Zurich private banking. FinAnalytica is backed by New Europe Venture Equity.
2 min read · 22 May 2015
Menlo Park, California-based data intelligence solutions provider ClearStory Data has named Dr. Timothy A. Howes as its chief technology officer. Previously, Howes worked at Yahoo where he served as vice president of engineering. ClearStory Data is backed by Andreessen Horowitz, DAG Ventures, Google Ventures, Khosla Ventures and Kleiner Perkins Caufield & Byers.
4 min read · 21 May 2015
Index Ventures has named Ilya Fushman a general partner. Fushman, who was head of product, business and mobile at the file storage company, was one of the first 75 employees at Dropbox, which is a portfolio company of Index. He had been with Dropbox since 2011.
1 min read · 21 May 2015
MPM Capital said Wednesday it named Pablo Cagnoni, M.D., a Managing Director. Cagnoni is the former President of Onyx Pharmaceuticals. He is also co-founder of MPM portfolio company, Vesuvius, where he is taking on the role of President and CEO.
3 min read · 21 May 2015
David Lee has left SV Angel, the seed fund he joined eight years ago and ran alongside angel Ron Conway. No explanation for the departure was readily available.
1 min read · 20 May 2015
The Business Development Bank of Canada (BDC) and Futurpreneur Canada have named Jeff Ryzner as the winner of the 2015 BDC Mentorship Award, which provides recognition of outstanding mentorship activity that has contributed to the growth of Canadian innovative companies. Ryzner is the president of The Eureka Project, Manitoba’s technology accelerator, and a founding partner of three technology startups. He also founded the consultancy Endgame Business Strategy.
3 min read · 20 May 2015
New York City-based Receivables Exchange, an electronic marketplace that sells accounts receivable, has hired James W. Toffey as CEO. Previously, Toffey worked at GFI. Receivables Exchange is backed by Bain Capital Ventures, Redpoint Ventures, Prism VentureWorks and StarVest Partners.
2 min read · 20 May 2015
Santa Monica, California-based video advertising company VideoAmp has named Jay Prasad as its first chief business officer. Previously, Prasad worked at TubeMogul, where he served as the vice president of global business development. VideoAmp is backed by Anthem Venture Partners, Simon Equity Partners, Third Wave Capital, Wavemaker Partners and ZenShin Capital.
2 min read · 19 May 2015
Boston-based venture firm OpenView Venture Partners has expanded its team with three new additions. The company has named Kelsey Heavey as analyst, Allie Letourneau as senior accountant and Gail Axelrod as PR and community maager. Previously, Heavey worked at Fiksu; Letourneau was at PricewaterhouseCoopers; and Axelrod worked at BetterCloud.
2 min read · 19 May 2015
