Private Equity
Remy Durand has joined Frazier Healthcare as a senior associated. He will focus on investment identification, due diligence and deal closing. Most recently, Durand was a member of the investment team at GE Ventures and a management consultant in L.E.K. Consulting’s life science practice.
2 min read · 02 March 2015
Peter Jobse, president and CEO of The Center for Innovative Technology, said he will step down at the end of the year. Prior to joining CIT, Jobse worked at EDS and was a founder of ArcSight, which was later acquired by Hewlett-Packard. He first came to CIT in October 2002 as an executive vice president and chief operating officer.
3 min read · 27 February 2015
Len Jordan, managing director of Madrona Venture Group (formerly with Frazier Technology Ventures) and Steven Vassallo, general partner of Foundation Capital, have resigned from Control4's board. Both resignations will be effective as of April 28, 2015, which is the current date for Control4's 2015 annual shareholders meeting. Frazier Technology first backed Control4 in June 2004 while Foundation made its first investment in July 2005. Based in Salt Lake City, Control4 is a provider of residential and commercial automation systems.
2 min read · 27 February 2015
Debra Coy has joined Canadian water-focused private equity and venture capital firm XPV Capital as a partner. Coy, who has since 2010 been a member of XPV's strategic advisory board, previously worked as a U.S.-based research analyst covering the water sector and as a consultant providing strategic advisory services for investors, companies and municipal utilities. She will in her new role support XPV's activity in market development and deal flow, and help it expand its network of relationships in the sector.
2 min read · 26 February 2015
Comcast Ventures Catalyst Fund, which backs early-stage startups led by minority entrepreneurs, has named Laurence "Lo" Toney as a partner. In his new role, Toney will lead the fund's West Coast investments. Prior to joining Catalyst Fund West, Toney was CEO of LearnStreet. He is also a former general manager at Zynga.
3 min read · 26 February 2015
RallyPoint, which is backed by DBL Investors, has appointed Konstantin Guericke to its board of directors. Guericke is a co-founder of LinkedIn. RallyPoint is an online network for the military community.
3 min read · 24 February 2015
San Francisco-based object storage company SwiftStack has hired Don Jaworski as CEO. In this position, Jaworski replaces company co-founder Joe Arnold who will remain SwiftStack’s president and chief product officer. SwiftStack's backers include OpenView Venture Partners, Mayfield Fund and Storm Ventures.
3 min read · 24 February 2015
Kleiner Perkins Caufield & Byers, the investment firm that has backed tech companies from Google to Amazon, will defend itself in court on Tuesday in a closely watched gender discrimination case that could lay open the inner workings of venture capital, Reuters News reported.
2 min read · 24 February 2015
Dr. John R. Evans, the founder of Canadian innovation hub MaRS Discovery District, passed away last week at the age of 85. This week, Dr. Ilse Treurnicht, CEO of MaRS, paid tribute to the life of Dr. Evans, and to his many accomplishments, including in the fields of entrepreneurship, R&D and innovation. Courtesy of MaRS, that tribute has been republished in full on peHUB Canada.
4 min read · 18 February 2015
Chicago-based Firm58, a financial management software provider, has appointed Bill Burgess to its board of directors. Burgess is an operating partner at North Bridge Venture Partners. In addition to North Bridge, Firm58 is also backed by Pritzker Group Venture Capital.
2 min read · 18 February 2015
