Luisa Beltran
Steve Jobs should be happy. The results of weekly online poll finds that nearly 60% of you plan to buy the iPad 2. Another 42.1% won’t be shelling out the money (they start at $499) for the tablet, our results show. About 300 people took part in our poll. So what does this mean? Tablets […]
Michael Orbach is managing director at Cascadia Capital, a Seattle investment bank that advises on M&A and growth equity financing.
Orbach runs the information technology practice at Cascadia. He took some time to speak with me by phone yesterday on the growth of cloud technology.
Bain is heading back to the West Coast. But it’s not the global PE firm that’s returning but Bain Capital Ventures.
BCV, which was formed in 2000 as the VC arm of Bain Capital, plans to open a Palo Alto office this summer, peHUB has learned.
Ajay Agarwal, a Bain Capital Ventures MD, will be moving to Palo Alto to lead the office, I’m told. Several BCV associates will be relocating to the area.
America has voted!
Yesterday, we asked you to pick which IPO candidates would do best. We separated the contenders by whether they had private equity or venture capital funding. Nearly 140 people responded.
First, we asked you to decide which company, that has PE backers, would likely perform the best this year. Choices included Freescale, HCA, Skype, Toys "R" Us, and the Carlyle Group.
The Sorin Group, a medical device company, has made a minority investment in MD Start, of Switzerland. MD Start, a VC and medical technology incubator in Europe, is backed by Sofinnova Partners, Versant Ventures, Medtronic and Contract Medical International.
Osage University Partners said Thursday that it has closed its first fund, Osage University Partners I, at $100 million. The VC fund is affiliated with universities to make direct investments in startup companies.
General Catalyst has made a "significant" investment in CLEAResult, according to a statement. Austin, Texas-based CLEAResult designs and implements energy efficiency and renewable energy programs for utility companies. General Catalyst is a VC and PE firm based in Cambridge, Mass.
G5, which is backed by Volition Capital, said Tuesday that it has named Ilene Vogt the senior VP of sales and services. Bend, Ore.-based G5 provides vertical-specific local marketing services for mid-market companies.
Safeguard Scientifics has led a $5 million series B funding round for ThingWorx, which has developed an application platform that designs apps to connect people, systems and devices. Wayne, Pa.-based Safeguard provides growth capital.
Capital Dynamics has raised $17 million for its newest Champion Ventures fund, according to an SEC filing.
The pool, Capital Dynamics Champion Ventures VII LP, has a target of $150 million, the Form D filing, dated Feb. 15, said.