Private Equity
According to a blog post authored by GitHub CEO and Co-Founder Chris Wanstrath, the firm's president (and one of its co-founders) Tom Preston-Werner has resigned following a probe into sexual harassment allegations levelled against him and his wife. Although Preston-Werner was cleared, writes Wanstrath, the investigation did uncover evidence of "mistakes and errors of judgment." Based in San Francisco, GitHub is a social network for programmers. It is backed by Andreessen Horowitz and SV Angel. To read more of Wanstrath's announcement regarding Preston-Werner's resignation and the details surrounding the investigation of claims made against him, visit here.
1 min read · 22 April 2014
ConnectYourCare, which is owned by ABS Capital Partners, has named James C. Simmons as interim CEO. The appointment became effective April 21, 2014. R. Jamie Spriggs has left his post as CEO of ConnectYourCare. Simmons is the former CEO of SunGard Availability Services. Headquartered in Hunt Valley, Maryland, ConnectYourCare is a healthcare platform.
2 min read · 22 April 2014
Massachusetts-based memory chips provider Contour Semiconductor has named Saul Zales as CEO. Zales is the former executive vice president of corporate development at Fusion-io. Contour Semiconductor's backers include American Capital, Fairhaven Capital Partners, Still River Funds and Eastward Capital Partners.
2 min read · 22 April 2014
San Francisco-based consumer warranty provider SquareTrade has hired Raj Kapoor as senior vice president, North America. Previously, Kapoor worked at Bain Capital, a backer of SquareTrade.
2 min read · 22 April 2014
San Francisco-based consumer warranty provider SquareTrade has hired Raj Kapoor as senior vice president, North America. Previously, Kapoor worked at Bain Capital, a backer of SquareTrade.
2 min read · 22 April 2014
PageScience, a New York-based provider of contextual advertising technology, has hired Steve McEvoy as a vice president of advertising sales. Previously, McEvoy worked at Mochilla and Jumpstart. The company’s backers include Metamorphic Ventures and Cava Capital.
2 min read · 17 April 2014
TigerText, a Santa Monica, Calif.-based provider of real-time messaging, has added Sean Flynn, Steve Yecies and Vijay Lathi to its board. Flynn is partner at Shasta Ventures while Yecies is a venture partner at OrbiMed and Lathi is a managing director at New Leaf Ventures.
3 min read · 16 April 2014
TigerText, a Santa Monica, Calif.-based provider of real-time messaging, has added Sean Flynn, Steve Yecies and Vijay Lathi to its board. Flynn is partner at Shasta Ventures while Yecies is a venture partner at OrbiMed and Lathi is a managing director at New Leaf Ventures.
3 min read · 16 April 2014
Early-stage green tech investor GreenAngel Energy Corp. has named Thealzel Lee and Mike Walkinshaw to its board of directors. Currently, Lee is a senior partner at Rocket Builders while Walkinshaw is a managing partner and co-founder of Fronterra Ventures, an oil and energy-focused venture fund based in Calgary and Vancouver.
3 min read · 16 April 2014
Early-stage green tech investor GreenAngel Energy Corp. has named Thealzel Lee and Mike Walkinshaw to its board of directors. Currently, Lee is a senior partner at Rocket Builders while Walkinshaw is a managing partner and co-founder of Fronterra Ventures, an oil and energy-focused venture fund based in Calgary and Vancouver.
3 min read · 16 April 2014