Jonathan Marino
Qualtré Inc., the motion sensor supplier, has taken in an additional $10 million in financing from a group of VC investors. Pilot House Ventures and Matrix Partners participated in the financing. Specifics of the investment were not publicized. Stan Reiss, a general partner with Matrix, worked on the investment for the VC.
PE-backed Phillips Plastics will acquire Medisize Corp. from Ratos AB and other shareholders. Medisize is a European outsourcer of manufacturing and design services for healthcare companies. White & Case Oy served as local counsel in Finland. Ropes & Gray represented Phillips Plastics Corporation and its parent company, private equity firm Kohlberg & Company. Specifics of the transaction were not publicized.
Listed, Atlanta-based tissue processing and medical device firm CryoLife Inc. will invest $3.5 million in ValveXchange Inc., a private medical device company spun from Cleveland Clinic. CryoLife will make available up to $2.0 million to ValveXchange in additional debt financing through a revolving credit facility. ValveXchange is based in Colorado.
Whoa! Twitter valued at $8 BILLION in new round Going Mo-biiile: Bill Seibel sees more opportunities in the mobile industry Secondary Update? ReachLocal may take on new capital Boston Life Sciences Update: From the gang over at Xconomy
Recently, Chinese companies listed on U.S. markets have been peppered with a barrage of bad press—and much of it has been deserved. The mere rumor of Muddy Waters’ research being affiliated with a traded stock is enough to send its shares into a swoon and executives into a panic. It stokes long-held investor fears that […]
True Ventures, an early-stage VC fund based in San Francisco, will soon announce it has closed a $200 million fund, according to sources. The VC’s fundraising trajectory has been rapid. Only a few weeks ago, it revealed in a S.E.C. filing that it was raising $200 million. At the time, it had yet to reel […]
Biz Stone, who earlier this summer left Twitter with co-founder Jack Dorsey’s return to the CEO role, is now taking a strategic advisor’s role with one of his first funding partners, Spark Capital. In a blog post earlier today, Spark general partner Bijan Sabet announced Stone would join as a strategic advisor. The VC is […]
Yesterday, peHUB reported that Globespan Capital Partners lost its only CFO since being spun from JAFCO Ventures in 2003. Turns out, they turned the situation around pretty quickly. While it happened in April, former CFO Mary Bevelock Pendergast’s departure still was a tough hit for the VC to take–since just before the JAFCO spin-out, she […]
Today! Live! 9AM! El-Erian Blog Q&A! Loose Ends: Tying up the NYSE Euronext-Deutsche Börse deal Going Private? Well, maybe if the CEO of Live Nation has his way And They’re Off! Futures up on jobs data
Globespan Capital Partners CFO Mary Bevelock Pendergast has left the venture capital firm to take the same role at Fidelity Biosciences, peHUB has learned.
Fidelity Biosciences’s site states she has worked there as CFO since April 2011, yet, as of this afternoon, her bio page at Globespan remained operational. ED NOTE: Nope, now it's down. Judging by Globespan’s description of her, Pendergast will leave a void behind in her wake. She managed all finance and administrative functions of the firm...