Jacqueline LeSage Krause leaves Hartford Ventures, which is being shifted into The Hartford’s finance and strategy department.
Month: April 2012
Marc Samwer departs Groupon role
Marc Samwer, who headed Groupon’s international operations and owns part of the company along with his brother Oliver, leaves during a torrid month for the company.
Chrysalix Set targets outside investors
Chrysalix Set has secured an initial close from the two backers of its first fund, Essent and Delta, Netherlands-based utilities, allowing it to remain active in the market.
Square recruits Google Wallet co-founder
Visa-backed mobile payments service Square recruited Google Wallet co-founder Rob von Behren at the beginning of the month.
Google Ventures recruits Ghobarah
Google Ventures takes on high ranking Google statistician to strengthen its quantitative team.
Nordstrom helps tailor Bonobos’ $16.4m round
Nordstrom invests in the online retailer and helps it sell in stores as well as on-line.
Intel helps Voxer call up $30m
Voxer is set to raise the $30m, with the money being reportedly raised at a $180m pre-money valuation.
Harvest Power gathers in $110m
US-based oil refining company American Refining and Biochemical backs the US-based renewable energy, soil and fertiliser company, coming into the syndicate alongside fellow corporate Waste Management.
Illumitex raises $9.3m, changes chief executive
Illumitex, backed by Syngenta Ventures, raises fresh funds and makes Chris Hammelef its chief executive.
Qualcomm backs BlueStacks
Qualcomm Ventures joins New York-listed chipmaker AMD and technology company Citrix Systems backing the “app for PC” software company.
BrightSource shelves its float
John Woolard, Alstom-backed Brightsource’s chief executive, says: “The continued market and economic volatility are not optimal conditions for an IPO.”
BBC docks into Spaceport.io
The BBC reportedly backs the US-based game developer platform and plans to design games and apps using its technology.
SAP unveils $155m HANA fund
SAP Ventures is running the $155m fund, which will reportedly also focus the traditionally late stage corporate venturing firm on early stage deals.
Hardless takes the reins at SingTel Innov8
Edgar Hardless reportedly steps up to take over the running of the corporate venturing unit from Yvonne Kwek, who was its founding chief executive in 2010. She is now retiring.