Private Equity
The U.S. Department of Education has named Ted Mitchell as Under Secretary of Education. Prior to his new appointment, Mitchell was CEO of NewSchools Venture Fund, a a nonprofit venture philanthropy firm focused on public education for underserved students.
3 min read · 09 May 2014
Neuralstem has appointed Sandford Drexel Smith to its board of directors. Smith is a managing director of Tullis Health Investors, a healthcare venture capital firm. Based in Rockville, Maryland, Neuralstem is a company whose technology enables the production of neural stem cells of the brain and spinal cord in commercial quantities.
3 min read · 09 May 2014
Movidius has added Takeo Kanade to its technical advisory board. Kanade is a professor of computer science and robotics at Carnegie Mellon University. Headquartered in San Mateo, Calif., Movidius is a computational image chip maker. Its backers include AIB Seed Capital Fund, Atlantic Bridge, Capital-E, DFJ Esprit and Robert Bosch Venture Capital.
2 min read · 08 May 2014
Adaptive Insights has tapped Ron Codd, former CFO of PeopleSoft, as a new investor and senior advisor. Headquartered in Palo Alto, Calif., Adaptive Insights is a provider of cloud-based business and financial analytics solutions for companies and nonprofits of all sizes. Adaptive Insights is backed by Bessemer Venture Partners, Norwest Venture Partners, Royal Bank of Canada, ONSET Ventures, Monitor Ventures and Cardinal Venture Capital.
4 min read · 08 May 2014
Institutional Venture Partners announced it has appointed Saydeah Howard as vice president of talent and venture services, in which she'll help advise the firm’s portfolio companies on recruiting and HR issues. Howard was previously vice president of human resources at LeapFrog Enterprises.
3 min read · 07 May 2014
PulsePoint has hired Julie Preis as SVP of product management. Previously, Preis worked at Mocean Mobile. Headquartered in New York City, PulsePoint is an advertising tech and content creation firm. Its backers include Draper Fisher Jurvetson, Gotham Ventures, New Atlantic Ventures, Investor Growth Capital, Updata Partners and VantagePoint Capital Partners.
2 min read · 06 May 2014
Beauty Noted has named Kate Thorp as president and CEO. Also, the firm has received $2.2 million in seed funding. Kortschak Investments led the round with participation from IDG Ventures and Crosslink Capital. Headquartered in Sausalito, Calif., Beauty Noted is a crowdsourcing platform focused on beauty products.
4 min read · 06 May 2014
ObserveIT, which is backed by Bain Capital Ventures, has hired Paul Brady as CEO. Previously, Brady was senior vice president and general manager of Riverbed's performance management business unit. Based in New York City, ObserveIT is a provider of user activity recording and auditing software.
3 min read · 02 May 2014
Emotient has named Edward Colby as senior vice president of product and business development. Previously, Colby was an advisor and venture partner to Quadrille Capital. He was also managing director at Viventures Partners. Based in San Diego, Calif., Emotient is a provider of software that analyzes facial expression. It is backed by Handbag and Intel Capital.
3 min read · 02 May 2014
Think Finance, a producer of online financial products, is restructuring its business and spinning off a new independent company named Elevate. According to the firm, Elevate will own Think Finance's portfolio of products that include RISE, Elastic and Sunny while Think Finance will focus on providing analytics and tech services to third-party lenders. Ken Reese, former CEO of Think Finance, will lead Elevate. And, Martin Wong, former chief integrity officer at Think Finance, has been appointed the firm's CEO. Think Finance is backed by Sequoia Capital and Technology Crossover Ventures.
3 min read · 02 May 2014
