Private Equity
Norwest Venture Partners announced that it has hired Sean Jacobsohn as principal. Jacobsohn was previously a venture partner at Emergence Capital Partners, which he joined in 2012. At Norwest, he will continue to focus on early and late-stage enterprise companies, including SaaS, healthcare IT, mobile business applications, and B2B marketplaces.
5 min read · 23 October 2014
(Reuters) - California's privacy laws have saved Kleiner Perkins from having to release potentially embarrassing information about a former partner in a discrimination lawsuit by a former female partner.
3 min read · 22 October 2014
New Enterprise Associates announced this morning that Jon Sakoda has been promoted to general partner. Sakoda, who works out of the firm's Menlo Park, California-based office, joined the firm in 2006 and has served as co-manager of NEA's seed investment program. He focuses on software-as-a-service, infrastructure software, and big data, while serving as a director on Blue Jeans Network, DataVisor, Desire2Learn, Hearsay Social and Opower, among others.
2 min read · 22 October 2014
Venture capitalist Jim Breyer, best known for leading Accel Partners's early investment in Facebook, said it has become much more difficult to recruit talent in Silicon Valley because of competition from large Chinese Internet companies.
2 min read · 22 October 2014
Cryptzone, which is backed by Medina Capital, said Wednesday that Andy Jones has joined the company as chief financial officer. Jones was previously the CFO at Integrity Interactive. Boston-based Cryptzone provides data security, identity and access management services.
2 min read · 22 October 2014
Erica Swallow, who rocked the VC industry earlier this year by writing candidly about “being a female in venture capital,” says it is time for practical solutions to fix the gender gap.
5 min read · 22 October 2014
TrialScope has hired Richard Aguinaldo as chief financial officer. Previously, Aguinaldo worked at Activu Corp. where he served as CFO. Based in Jersey City, NJ, TrialScope is a provider of clinical trial solutions. It is backed by Edison Ventures, Dublin Capital Partners and NewSpring Capital.
2 min read · 21 October 2014
EBay Inc said venture capitalist Marc Andreessen would quit its board, after the online retailer announced last month that it was spinning off its electronic payment unit, PayPal, Reuters reported.
1 min read · 20 October 2014
Xagenic Inc has named Timothy I. Still as its new president and CEO. He will also serve on the company's board of directors. Still previously led Accumetrics Inc, a U.S.-based point-of-care test manufacturer acquired by ITC Nexus Holding Co in 2013. Based in Toronto, Xagenic is the developer of a fully-automated molecular diagnostic platform that will enable lab-free testing. It is backed by a number of Canadian and U.S. venture capital firms, including BDC Capital, CTI Life Sciences Fund, Domain Associates and Ontario Capital Growth Corp.
3 min read · 16 October 2014
Clayton, Dubilier & Rice has named John Dineen as an operating advisor to CD&R's funds. The appointment becomes effective early next year. Dineen is the former CEO of GE Healthcare.
3 min read · 16 October 2014
