Private Equity
ORIX USA said Thursday it has expanded ORIX Ventures, which focuses on high growth companies. As part of the expansion, Jeff Bede is now leading debt and equity investment efforts on the West Coast after seven years in the Mid-Atlantic region. ORIX Ventures also hired Todd McDonald as Director of the Mid-Atlantic region, as well as Sabeen Firozali and Joel Marquis as associate directors.
3 min read · 16 January 2015
NoWait, which is backed by Drive Capital and Birchmere Ventures, has named Jim Duddy as vice president of sales and Adam Gerson as vice president of operations. Both will be based in New York City. Previously, Duddy was a senior vice president of sales for Jibe and a director of sales at LinkedIn while Gerson worked at Hailo where he served as general manager. Based in Pittsburgh and New York City, NoWait is a mobile network for casual dining restaurants.
3 min read · 15 January 2015
San Francisco-based MemSQL, a provider of big data analytics, has named Jerry Held as executive chairman. Held is a chairman of Tamr. MemSQL's backers include Accel Partners, Khosla Ventures, First Round Capital, Data Collective and In-Q-Tel.
3 min read · 15 January 2015
The Medical Devices Commercialization Centre (MDCC), an Ottawa-based agency focused on commercializing medical devices innovation, has named Richard J. Meadows as its first COO. Meadows was previously a managing partner at Canadian venture capital investor CTI Life Sciences Fund. Prior to then, he worked at the Caisse de dépôt et placement du Québec and held senior executive positions in several life sciences companies. MDCC recently secured operational funding from the Canadian government.
2 min read · 14 January 2015
Redwood City, California-based StrongView, an e-mail and cross-channel marketing solutions provider, has hired Dave Frankland as chief strategy officer. Previously, Frankland worked at Forrester Research and DoubleClick where he served in leadership positions. Its backers include Sequoia Capital, Evercore Partners, DAG Ventures and Globespan Capital Partners.
3 min read · 14 January 2015
San Francisco-based electronic signature company DocuSign has hired Brad Brooks as chief marketing officer. Recently, Brooks worked at Juniper Networks where he served as CMO and senior vice president of global marketing. DocuSign’s backers include Samsung Ventures, BBVA Ventures, Accel Partners, Google Ventures, Comcast Ventures, Ignition Partners, Kleiner Perkins Caufield & Byers, Sapphire Ventures and Scale Venture Partners.
3 min read · 14 January 2015
New Enterprise Associates, which is planning to raise $2.5 billion for its 15th fund, announced that Frank Torti that Rick Yang have each been promoted to partner, while Aaron Jacobson was named a principal. Torti joined the firm in 2007 and has focused on healthcare, particularly biopharma and medical devices. Yang also joined in 2007 and focuses on the IT space and fintech. Jacobson, who has been with NEA since 2011, focuses on IT and energy technology.
3 min read · 13 January 2015
Adaptive Insights has named Thomas F. Bogan as CEO. Bogan is the former president and COO of Rational Software. He is also a former partner at Greylock Partners. Headquartered in Palo Alto, Calif., Adaptive Insights is a provider of cloud corporate performance management and business intelligence. Adaptive Insights' backers include ONSET Ventures, Norwest Venture Partners, Information Venture Partners, Bessemer Venture Partners, Cardinal Venture Capital and Monitor Ventures.
5 min read · 13 January 2015
Mountain View, Calif.-based big data firm BlueData has hired Jim Lenox as vice president of worldwide sales and Greg Kirchoff as vice president of business development. Previously, Lenox worked at Midokura while Kirchoff worked at Microsoft. BlueData is backed by Ignition Partners, Atlantic Bridge Ventures, Intel Capital, Amplify Partners and Data Collective.
3 min read · 13 January 2015
Institutional Venture Partners has promoted Somesh Dash and Eric Liaw to general partners. They join Todd Chaffee, Norm Fogelsong, Steve Harrick, Jules Maltz, Sandy Miller and Dennis Phelps as general partners. Dash joined IVP in 2005 and focuses primarily on later-stage investments in Internet, software, mobile and technology-enabled services. He led the firms's investments in Business Insider, Klout, Pure Storage, SoundCloud and Woven. Liaw joined in 2011 and focuses on working with growth companies across sectors like enterprise software, Internet and mobile.
4 min read · 12 January 2015
