Michael Marquez has been named vice president of strategy and corporate development for CBS Interactive. He previously served as director of corporate development for Yahoo. CBS Interactive is a newly-formed division of CBS Corp., and is focused on new media strategies and partnerships involving interactive platforms. www.cbscorporation.com
Kip Hagopian, co-founder and former general partner with Brentwood Associates, has been named interim chairman of Maxim Integrated Products Inc. (Nasdaq: MXIM), where he had been an independent board member since 1997. The move comes following the health-related resignation of company founder and CEO Jack Gifford, and the subsequent naming of current Maxim chairman Tunc […]
Mark Kramer has joined the Chicago office of Duff & Phelps as a managing director in the firm's transaction advisory services practice. He previously led the Milwaukee transaction services practice at PricewaterhouseCoopers. www.duffandphelps.com
GlaxoSmithKline (NYSE: GSK) has named Adrian Rawcliffe as senior vice president of worldwide business development and R&D, effective immediately. Rawcliffe most recently served as managing partner and president of SR One Ltd., the venture capital arm of GSK. No SR One successor has yet been named. www.gsk.com
Spock Networks Inc., a Menlo Park, Calif.-based people search engine operator, has raised $7 million in Series A funding from Clearstone Venture Partners and Opus Capital Ventures. www.spock.com
Glu Mobile Inc., a San Mateo, Calif.-based mobile game publisher, has filed for a $92 million IPO. It plans to trade on the Nasdaq under ticker symbol GLUU, with Goldman Sachs and Lehman Brothers serving as co-lead underwriters. The company has raised around $57 million in VC funding since its 2001 inception as Sorrent, from […]
Orexigen Therapeutics Inc., a San Diego-based drug company focused on central nervous systems disorders, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol OREX, with Merrill Lynch and JPMorgan serving as co-lead underwriters. Orexigen has raised around $76 million in total VC funding since its 2003 inception, […]
Aldagen Inc., a Durham, N.C.-based regenerative medicine company focused on vascular and degenerative diseases, has raised $14.3 million in Series C funding. Harbert Venture Partners and Intersouth Partners co-led the deal, and were joined by return backers Aurora Funds, Trelys Funds, Tall Oaks Capital, Village Ventures and the Piedmont Angel Network. The company also raised […]
Pioneer Surgical Technology, a Marquette, Mich.-based maker of spinal and orthopedic implants, has raised $30.5 million in new VC funding. Pharos Capital Group led the deal, and was joined by Highlander Partners, Hopewell Ventures and River Cities Capital Funds. www.pioneersurgical.com
Home Decor Products Inc., an Edison, N.J.