Private Equity
Foundation Capital, a venture firm based in Menlo Park, Calif., has hired Srinivas Mantripragada and Geoffrey Wong as entrepreneurs-in-residence. Previously, Mantripragada worked at Infoblox where he recently served as a vice president of technology while Wong is a former product manager for Groupon's MerchantOS group.
3 min read · 03 June 2014
Proteus Digital Health has received $120 million in funding from unnamed investors. In addition to the funding, the firm has named Steve Fieler as CFO and added Jonathan Symonds to its board of directors. Fielder is a former CFO at Hewlett-Packard while Symonds is the chairman of HSBC Bank Plc and the former CFO of Novartis AG. Headquartered in Redwood City, Calif., Proteus Digital Health is a digital medicine firm.
3 min read · 03 June 2014
Benoit Forcier has joined the team at Canadian venture capital firm Cycle Capital Management as partner. Forcier previously served in a number of senior management capacities, including the role of vice president, investment, at Innovacorp and partner at Espresso Capital. Based in Montréal, Cycle Capital invests in companies developing clean technologies, reducing greenhouse gas emissions, optimizing resource use and improving process efficiency throughout a product's life cycle.
3 min read · 02 June 2014
SV Life Sciences has hired Dan Burgess, Dr. Ed Mascioli and Dr. Michael Mendelsohn as new venture partners. Burgess was the founder, president and CEO of Rempex Pharmaceuticals while Mascioli was the CEO of Affinium Pharmaceuticals. And, previously, Mendelsohn worked at Merck Research Laboratories where he served as senior vice president and global franchise head, cardiovascular diseases.
4 min read · 02 June 2014
Canadian venture capital firm Lumira Capital has formed a new CEO advisory board consisting of five executives from the life sciences industry. The board members are: Maurice Ferré, M.D., former president and CEO of MAKO Surgical Corp; Barry Fishman, former president and CEO of Teva Canada; Paul Lucas, former president and CEO of GlaxoSmithKline Canada; Thomas Wellner, former president and CEO of CML HealthCare Inc; and Theodore Witek, DrPH, former president and CEO, Boehringer Ingelheim (Canada) Ltd. The board will provide strategic input into Lumira’s investment strategy and offer guidance and mentorship to its portfolio companies.
6 min read · 30 May 2014
Chrome River has named Joseph Essas to its board of directors. Essas is the chief technology officer at OpenTable. Based in Los Angeles, Chrome River is a provider of expense management and supplier invoice processing software. It is backed by Bain Capital Ventures, Argentum and First Analysis.
2 min read · 30 May 2014
Canvas Venture Fund announced that Paul Hsiao has joined the firm as a general partner and founding managing member. Hsiao moves over to Canvas from New Enterprise Associates, where he served as a partner and was an investor in Houzz, Boingo, Elance, 42Floors and others. Hsiao becomes the fourth GP at Canvas, which spun out of Morgenthaler Ventures last year and is investing from its $175 million inaugural fund.
4 min read · 28 May 2014
Dutch tech firm Scense has hired Sacha Vekeman as CEO. Vekeman is replacing Koen Bouwers. Scense is backed by Solid Ventures.
2 min read · 22 May 2014
Discussion about diversity was front-and-center at the NVCA’s annual meeting VentureScape.
2 min read · 20 May 2014
Symphogen, a Swedish biopharmaceutical firm, has named Mads Laustsen as its chief manufacturing officer. The appointment becomes effective June 1. Previously, Laustsen was one of the founders of CMC Biologics and served as the company's CEO from 2001 until May 2011. Also, Symphogen has relocated its corporate headquarters in Lyngby, Denmark to Ballerup, a suburb of Copenhagen. Symphogen's backers include Novo, Essex Woodlands Health Ventures and PKA.
3 min read · 19 May 2014
