Private Equity
Forbes Media named Mike Perlis its new president and chief executive office. He starts in Dec. 1. Perlis was a general partner for Massachusetts-based SoftBank Capital, a venture capital firm focused on high-growth Internet-based businesses.
3 min read · 16 November 2010
Third Rock Ventures LLC hired Robert Kamen as an entrepreneur-in-residence. Kamen is a consultant to the biotechnology and pharmaceutical industries. Third Rock is a Boston, Mass.-based venture capital firm focused on building life sciences companies.
3 min read · 10 November 2010
Panorama Capital promoted Shankar Chandran to partner. The Menlo Park, Calif.-based venture capital firm also promoted Gaurav Aggarwal to partner. Both Shankar and Aggarwal have been principals with the firm since it was founded in 2005.
3 min read · 10 November 2010
Dicerna Pharmaceuticals Inc. held a second close of its Series B financing round with $4 million more. The Watertown, Mass-based drug developer has raised a total of $29 million in the round. GlaxoSmithKline’s corporate healthcare venture capital arm (SR One) is a new investor. Dicerna’s existing investors include Oxford Bioscience Partners, Skyline Ventures, Abingworth and Domain Associates. Brian M. Gallagher, a partner at SR One, will join Dicerna’s board.
4 min read · 22 October 2010
MK Capital invested $3 million in Poptent through a Series A financing round. Poptent is a social network dedicated to crowdsourcing video. It hired Andy Jedynak as chief executive officer. Jedynak previously led KidZui, the Internet for Kids. MK Capital has offices in Chicago and Los Angeles.
4 min read · 21 October 2010
Evernote secured $20 million in a Series C investment round. New investor Sequoia Capital led the investment. Existing shareholders, including Morgenthaler Ventures, DOCOMO Capital and Troika Dialog, will also participate. Mountain View, Calif.-based Evernote plans to use the capital or product development and for expansion into new market segments. Sequoia Capital’s Partner, Roelof Botha will join Evernote’s board as an observer.
3 min read · 19 October 2010
Aldagen Inc. named Lyle A. Hohnke its chief executive officer to succeed Tom Amick. Hohnke has more than 35 years of experience in the health care industry. He has been a member of The Durham, N.C.-based developer of regenerative therapies since 2008. Aldagen has raised venturce capital funds from firms like Intersouth Partners, Harbert Venture Partners, The Aurora Funds, Tullis-Dickerson and Trelys Funds.
2 min read · 18 October 2010
Durata Therapeutics Inc. formed a senior leadership team. It named Paul R. Edick as chief executive officer, Corey N. Fishman as chief operating officer and Michael Dunne as chief medical officer. Durata is a Morristown, N.J.-based biopharmaceutical company that is backed by Aisling Capital, Canaan Partners, Domain Associates LLC, New Leaf Venture Partners LLC and Sofinnova Ventures Inc.
4 min read · 15 October 2010
StoredIQ Inc. closed on $10 million in new investment financing. PerformanceEdge Partners and existing lead investor S3 Ventures led the round. The Austin, Texas-based provider of intelligent information management solutions also named Phil Myers as chief executive officer and H.E. Buddy Wilson as vice president of business development.
3 min read · 13 October 2010
PlayFirst Inc. closed on $9.2 million in financing. Existing backers (including Mayfield Fund, Trinity Partners, DCM and Rustic Canyon Ventures) invested $5.2 million. The San Francisco, Calif.-based publisher of mobile and social games received the other $4 million in form of debt financing from Comerica Bank. PlayFirst also named Eric Hartness, most recently PlaySpan’s chief marketing officer, as vice-president and general manager of social games.
4 min read · 13 October 2010
