Connie Loizos
Tarana Wireless, a Santa Clara, Calif-based company producing small cell backhaul products, has some new advisors, including Arun Sarin, former CEO of Vodafone Group and Airtouch; Harold Braun, former CEO of Aviat Networks and Siemens Networks; and Eric Brewer, long a computer science professor at UC Berkeley, as well as a Google Fellow.
Hedge fund mogul David Einhorn is suing Apple to block its plan to eliminate preferred shares, a new report says Silicon Valley job growth has reached dot.com boom levels,Facebook is buying an ad stack to rival Google -- with Microsoft's help, and so much more!
The HP board studies whether to break up the company, Pinterest noodles a round at a valuation of, gulp, $2.5 billion, and financial models are again at the heart of supposed wrongdoings. (This time, it's the S&P's programs.) And so much more!
Santen, an Emeryville, Calif.-based subsidiary of Japan-based Santen Pharmaceuticals, has entered into a research collaboration agreement with Clearside Biomedical of Alpharetta, Georgia, a company in which Santen, along with other financial backers, is also making an investment. Specifically, Clearside's "microinjection platform," which provides access to the retina and choroid, just attracted $7.9 million in fresh funding from Santen, Mountain Group Capital, Hatteras Venture Partners, Georgia Research Alliance Fund, and Kenan Flagler Business School Private Equity Fund.
Bright Horizon Resources, a newly formed oil and natural gas exploration and production company, has received a $300 million equity commitment from Denham Capital, a Boston-based private equity firm focused on energy and resources.
It used to be that you had to have an actual company for capture investors’ attention. Last March, entrepreneur and investor Paul Graham upended that basic standard, inviting candidates with no plan whatsoever into his Y Combinator program. Now, Upstart, a 10-month-old, 10-person company based in Palo Alto, is making even Graham’s unconventional thinking seem quaint.
CVC Credit Partners ("CVC Credit"), a credit asset management and investment group with offices in New York and London, announced today that Gretchen Bergstresser, Jonathan Bowers, Tom Newberry and Christopher Allen have been promoted to partners.
School Specialty Inc, a Greenville, Wisconsin-based provider of school supply and educational products to the pre-kindergarten through grade 12 market, filed for bankruptcy protection and said it will sell its assets to investment firm Bayside Capital Inc, an affiliate of HIG Capital.
Waypoint Homes, an Oakland, Calif.-based company focused on the real estate owned (REO) to rental industry, has promoted Gary Beasley to president and CEO. Beasley joined Waypoint as a managing director in late 2011. Before joining Waypoint, Beasley served as a partner with Geolo Capital, the private equity arm of the John A. Pritzker family.
Hamilton Lane, the Bala Cynwyd, Penn.-based private equity asset management firm, has hired Paul Waller as a partner in its London office. Waller recently retired from 3i after 35 years.