Private Equity
MarginPoint said Tuesday that it has named Stephen Markle to its board of directors. Markle is the former vice president of solutions management at Ariba. Based in Lake Forest, Calif., MarginPoint is a provider of cloud solutions for the industrial sector. It is backed by The Argentum Group, InnoCal Venture Capital, Inverness Graham Investments and Mission Ventures.
2 min read · 01 July 2014
Tegile Systems, which is backed by August Capital and Meritech, said Tuesday that it has hired Bill Cordero as vice president of worldwide channels. Previously, he worked at StorSimple where he served as vice president of worldwide channel and strategic sales. Tegile Systems is a provider of intelligent flash storage arrays.
3 min read · 01 July 2014
Tegile Systems, which is backed by August Capital and Meritech, said Tuesday that it has hired Bill Cordero as vice president of worldwide channels. Previously, he worked at StorSimple where he served as vice president of worldwide channel and strategic sales. Tegile Systems is a provider of intelligent flash storage arrays.
3 min read · 01 July 2014
According to a blog post on its site, Seriously Digital Entertainment has received $2.65 million in seed funding, raising the total tally to $5 million. Previous investors Sunstone Capital and Upfront Ventures led the round with participation from new backer Daher Capital. Also, the firm has hired Philip Hickey as vice president of marketing and communications and Petri Räsänen as game artist. Hickey previously worked at Rovio while Räsänen was part of the Rocketpack team when it was acquired by Disney in 2011. And, Dan Romanelli and Ujjal Kohli have joined as advisors. Based in Helsinki, Finland and Los Angeles, Seriously is a mobile games builder.To read further details about the funding and personnel additions, please visit here.
1 min read · 30 June 2014
According to a blog post on its site, Seriously Digital Entertainment has received $2.65 million in seed funding, raising the total tally to $5 million. Previous investors Sunstone Capital and Upfront Ventures led the round with participation from new backer Daher Capital. Also, the firm has hired Philip Hickey as vice president of marketing and communications and Petri Räsänen as game artist. Hickey previously worked at Rovio while Räsänen was part of the Rocketpack team when it was acquired by Disney in 2011. And, Dan Romanelli and Ujjal Kohli have joined as advisors. Based in Helsinki, Finland and Los Angeles, Seriously is a mobile games builder.To read further details about the funding and personnel additions, please visit here.
1 min read · 30 June 2014
Biopharmaceutical firm Cidara Therapeutics said Monday that it has secured $32 million in Series A funding. 5AM Ventures, Aisling Capital, Frazier Healthcare and InterWest Partners were the lead investors. In addition to the financing, the firm has hired Dr. Jeffrey Stein as president and CEO. It has also named Dr. Kevin Judice and Dr. H. Shaw Warren as chief operating officer and chief scientific officer respectively. Warren will also join Cidara's scientific advisory board. And, Dr. Ken Bartizal has been added as chief development officer while Dr. Dirk Thye has joined Cidara as chief medical officer.
4 min read · 30 June 2014
Biopharmaceutical firm Cidara Therapeutics said Monday that it has secured $32 million in Series A funding. 5AM Ventures, Aisling Capital, Frazier Healthcare and InterWest Partners were the lead investors. In addition to the financing, the firm has hired Dr. Jeffrey Stein as president and CEO. It has also named Dr. Kevin Judice and Dr. H. Shaw Warren as chief operating officer and chief scientific officer respectively. Warren will also join Cidara's scientific advisory board. And, Dr. Ken Bartizal has been added as chief development officer while Dr. Dirk Thye has joined Cidara as chief medical officer.
4 min read · 30 June 2014
StrongView said Monday it has hired Steve Melamed as chief sales officer and Mark Parks as vice president of product. Headquartered in Redwood City, Calif., StrongView is an e-mail and cross-channel marketing solutions provider. Its backers include Sequoia Capital, Evercore Partners, DAG Ventures and Globespan Capital Partners.
4 min read · 30 June 2014
Wellness franchise Massage Heights has named David Humphrey as chairman of its board of managers. Humphrey is the CEO of DTH Capital Ventures. Also, the firm has promoted Shane Evans to president who will hold this position while maintaining her additional role as chief operating officer.
3 min read · 27 June 2014
The board of directors of the Fonds de solidarité des travailleurs du Québec FTQ has appointed Gaétan Morin as the organization's new president and CEO. Morin, who has served in several executive roles since he joined the Fonds de solidarité FTQ in 1989, was most recently its executive vice president of corporate development and investment. He replaces Yvon Bolduc, who left the post in March. Morin was interviewed by peHUB Canada at the time of the Fonds de solidarité FTQ's 30th anniversary last year. Based in Montréal, the Fonds de solidarité FTQ manages net assets of $9.7 billion.
3 min read · 26 June 2014