Private Equity
LX Ventures said Friday that it has named Mark Relph to its board of advisors. Relph, the former vice president of developer evangelism for Microsoft Canada, will be working with Copper.io, a portfolio company of LX. Based in Vancouver, British Columbia, LX Ventures is an accelerator that acquires and accelerates high growth tech companies.
3 min read · 14 March 2014
At VC fund of funds FLAG, Peter Denious takes over as co-founder Diana Frazier step down after nearly 20 years at the firm
3 min read · 14 March 2014
Shirley Speakman has joined Canadian venture capital firm Cycle Capital Management as partner. Speakman has since 1995 held several positions as an investment analyst for medium- to large-sized corporations in the finance sector. Most recently, she was responsible for sourcing, vetting and managing investments as a director of MaRS Investment Accelerator Fund. Based in Montréal, Cycle Capital invests in companies focused on clean technologies, reducing greenhouse gas emissions, optimizing resource use and improving process efficiency throughout a product's life cycle.
2 min read · 13 March 2014
OnDeck has hired Pamela Rice as senior vice president of technology. Previously, Rice worked at PayPal. Headquartered in New York City, OnDeck, which is backed by Google Ventures, SAP Ventures, RRE Ventures, Tiger Global and Institutional Venture Partners, is a small business lender.
4 min read · 13 March 2014
SAP Ventures has hired Rami Branitzky as a managing director. Previously, Branitzky served as CEO of Grok Solutions.
3 min read · 11 March 2014
Hatchbrands Ventures, an internet accelerator and micro-fund based in Ottawa, has hired Marco Janeczek as venture partner. Janeczek's experience includes working at H-FARM and First Stone Ventures. Hatchbrands Ventures was recently bought by iBrands Corp, a Roswell, Georgia-based holding company that acquires and operates niche market brands.
2 min read · 11 March 2014
Hatchbrands Ventures, an internet accelerator based in Ottawa, has hired Marco Janeczek as venture partner. Janeczek's experience includes working at H-FARM and First Stone Ventures. Hatchbrands Ventures has been acquired by iBrands Corp., a holding company that operates niche brands.
2 min read · 11 March 2014
Women's apparel retailer The Wet Seal has added Deena Varshavskaya, Nancy Lublin and Adam Rothstein to its board of directors. Varshavskaya is the founder and CEO of Wanelo; Lublin is the CEO of DoSomething.org; and Rothstein is a general partner at early-stage venture fund Disrupt-ive Technologies Partners. And, the company has named John S. Mills as vice-chairman of its board of directors.
4 min read · 10 March 2014
Workable has secured $1.5 million in funding. Greylock IL led the round. Based in London and Athens, Workable is a provider of recruiting solutions for fast-growing businesses.
2 min read · 07 March 2014
Napster co-founder Sean Parker has stepped down as a partner of the Founders Fund, TechCrunch reported. The firm on Wednesday announced that it had raised $1 billion for its fifth fund.
1 min read · 07 March 2014