Connie Loizos
Recurly, a San Francisco-based provider of billing solutions for subscription-based businesses, has raised $6 million in a Series A financing round led by BV Capital, and including Polaris Venture Partners, Harrison Metal Capital and FreeStyle Capital. The company previously raised a $1.6 million seed round in 2010 led by Polaris Venture Partners. Other investors in […]
Both Mike Jones and Peter Pham have had their entrepreneurial ups and downs. Evidently, the downs haven’t dampened their ambition. Just two months after officially launching Science, an L.A.-based “technology studio” founded by Jones, Pham, and three of their former colleagues, the team says it has launched a number of companies that are meeting with […]
On January 1, California became the seventh state since 2010 to recognize “benefit corporations,” a legal status that allows companies to include efforts to “create a material positive impact on society and the environment” in their charter, and forces both execs and directors to look out for the interests of employees, the community and the […]
There it was one day last November: Pinspire, a site that looks almost comically like Palo Alto-based Pinterest, the popular pinboard site that invites users to find and collect images online. For anyone familiar with the oeuvre of the Samwers – Alexander, Marc, and Oliver – months-old Pinspire comes as little surprise. Even the prim […]
Chicago-based Channel IQ, an online pricing intelligence firm that helps manufacturing and retailing partners like Panasonic and Harmon Kardon monitor their online pricing promotions, has received a line of credit from Silicon Valley Bank in Santa Clara, Calif. The company previously closed an undisclosed amount of Series A funding at the end of 2010. PRESS […]
Six-year-old CalStar Products, a Caledonia, Wis., company that makes low-energy, low-CO2 masonry products, has brought aboard Joel Rood as its CEO. Prior to joining CalStar, Rood was GM for CertainTeed Canada. CalStar is funded by the venture firms Nth Power, Westly Group, Foundation Capital, and EnerTech Capital. PRESS RELEASE: Joel Rood, a 15-year veteran of the building […]
Last weekend, the New York Times published a smart look at the wealth managers descending on Silicon Valley. But it got one thing wrong. Most managers aren’t dialing up entrepreneurs after a deal has been announced or shortly before their companies’ IPO. In many cases, those private bankers have already been working the scene for […]
Boundary, a San Francisco-based SAAS monitoring service provider, has hired Gary Read as its CEO. Read was formerly the CEO of Nimsoft, a cloud-based networking monitoring provider that CA Technologies acquired in 2010. Boundary received a $4 million Series A investment from Lightspeed Venture Partners last November. Lightspeed managing director John Vrionis sits on the […]
L.A.-based Gehry Technologies, which sells design and project management technology and consulting services, has hired three people into its management ranks: Deep Bhattacharya is now the company’s executive vice president of business development and strategy; Matt Reid is senior vice president of marketing; and Jim Cheung is Gehry’s vice president of research and development. Prior to […]
FedBid, operator of the online marketplace for business-to-government e-commerce, has received an undisclosed amount of initial funding from Revolution Growth Fund. Fedbid is based in Vienna, Va. Revolution Growth Fund, a $450 million vehicle formed formed late last year by Washington entrepreneurs Steve Case, Ted Leonsis, and Donn Davis. PRESS RELEASE: Today, FedBid, Inc., which […]