Private Equity
Jim Moran today will be introduced as the newest partner with North Bridge Venture Partners, after most recently serving as CEO of NBVP portfolio company Covergence (sold to Acme Packet in May). So we’ve got 5 Questions for Jim, who is in the midst of relocating from Columbus, Ohio to the Boston ‘burbs. 1. You are a longtime entrepreneur and operating guy, with Covergence, eDocs, Virtusa and CheckFree. Why move over to the dark side of venture capital? I do hear people call it the dark side quite often. I gave it a lot of thought and, quite frankly, think that this is a great point in time to get into the venture business. Maybe around half of the funds out there right now are going to go away, and the venture economics are going to go back to
4 min read · 20 August 2009
Cliff Monlux has been named president and managing board member of The University Funds, a new VC firm focused on commercializing academic research. Monlux previously was with Ramp Equity Partners.
3 min read · 19 August 2009
1 min read · 17 August 2009
PM Pai, former chief operating officer of solar company SunPower, has joined New Enterprise Associates as a venture partner.
3 min read · 17 August 2009
Brian McAndrews, former CEO of digital marketing company aQuantive (acquired by Microsoft for $6 billion), has joined Madrona Venture Group as a managing director.
3 min read · 13 August 2009
Constellation Pharmaceuticals Inc., a Cambridge, Mass.-based developer of drugs that target selective regulators of epigenetic function, has raised $17.2 million in Series B funding. Altitude Life Science Ventures was joined by return backers Third Rock Ventures, The Column Group and Venrock. The company had previously raised $32 million. Constellation Pharma also announced that it has hired Mark Goldsmith as its new CEO. Goldsmith is the former CEO of Cogentus Pharmaceuticals, and most recently was senior executive-in-residence with Prospect Venture Partners.
4 min read · 13 August 2009
Lizette Pérez-Deisboeck has joined Battery Ventures as general counsel. She previously was a Boston-based attorney with Goodwin Procter, in the firm's Technology Companies and Private Equity Practice Groups.
4 min read · 13 August 2009
We at peHUB central have noticed lately that some VCs have allowed cyber dust to collect on their blogs, as some have not posted their thoughts online in months. Has the bloom fell off the blogging rose? Has Twitter, and its 140 characters of brevity, replaced blogging? Definitely, the "aura is off the medium," says Gerry Langeler, managing director of OVP Venture Partners. But blogging hasn't gone the way of the rotary dial telephone just yet. Langeler and OVP began its blog in late June, featuring posts by Langeler and his fellow team members, as well as guest
1 min read · 12 August 2009
Steven Bochner has been named CEO of law firm Wilson Sonsini Goodrich & Rosati, following the news that current CEO John Roos has been confirmed as U.S. Ambassador to Japan. Bochner joined the firm in 1981, and was named a partner in 1988.
3 min read · 11 August 2009
1 min read · 11 August 2009