Olivier Sichel has joined Sofinnova Partners as a partner. He is the former chairman and CEO of Wanadoo, a France Telecom group. www.sofinnova.fr
Foundation Capital has promoted Charles Moldow to general partner. He joined the firm as a venture partner in 2005, before which he was an executive with Tellme Networks. www.foundationcapital.com
Jonathan Leinmuller and Fran
Quincy Smith is joining CBS Corp. as president of a newly-formed division called CBS Interactive. He previously was a Silicon Valley I-banker with Allen & Co. and, before that, was co-founded of VC firm The Barksdale Group. www.cbs.com
Patrick Chiang, Andrew Chung and John Vrionis have joined Lightspeed Venture Partners as senior associates. Chiang previously was CFO of mobile communications technology company Aliph. Chung previously worked at both Bain Capital and TL Ventures. Vrionis most recently was in product management at software security startup Determina. www.lightspeedvp.com
Katsuyoshi Tanaka has joined Steel Partners as a Tokyo-based managing director. He has spent the past 18 years with Mitsubishi Corp., most recently serving as business development manager of the company's energy business development unit.
CardioMEMS Inc., an Atlanta-based developer of wireless medical pressure sensors, has raised $22.6 million in Series D funding. Arcapita led the deal, and was joined by Easton Capital Partners and return backers Boston Millennia Partners, Foundation Medical Partners, Medtronic, Inc. and Johnson and Johnson Development Corp. www.cardiomems.com
Harvest Partners has completed its sale of Communications Supply Corp. to Wesco International Inc. (NYSE: WCC). No financial terms were disclosed. Communications Supply Corp. is a Carol Stream Ill.-based distributor of low voltage network infrastructure and industrial wire and cable products. www.harvpart.com www.gocsc.com
Paintearth Energy Services Inc., a manufacturer of production enhancement equipment for North American oil and gas producers, has acquired two business units of Integrated Production Services, a division of Complete Production Services Inc. The acquisition was financed via a Cnd$8.2 million equity and subordinated note investment led by VenGrowth Private Equity Partners. Existing shareholder Canadian […]
Stockholm Interactive, a Sweden-based provider of print ad and packaging services, has raised $3 million in Series A funding led by Atlas Venture, according to a regulatory filing. www.stockholminteractive.com