The American Express, Verizon and Rogers Communications-backed payment processing company hires staff members with backgrounds at Visa, Mastercard and American Express.
Category: People
Johnson Controls starts venturing
Johnson Controls reportedly invests in Nth Power’s planned $200m fund and also takes a $5m stake in US-listed Azure Dynamics.
Tudor joins Castrol InnoVentures
From today, Tudor will report to Roy Williamson, managing director of Castrol InnoVentures.
Hallock heads for CareCloud
The Intel-backed healthcare management software provider has hired John Hallock from Athenahealth as its VP of corporate communications.
MacKenzie chooses Next Wave
Formerly the head of corporate venture consulting at Accenture, Dean MacKenzie is now an investment director for Next Wave Partners.
Kiip rewarded with Akebal hire
Manny Akebal has left Zynga to join the in-game marketing network.
Lauckner becomes General Motors CTO
Lauckner, a 33-year veteran of GM, and its corporate venturing head, takes over the chief technology officer role as well as responsibility for research and development, bringing three of the main innovation roles at the company together.
JJDC’s Davis joins Innosight
Roy Davis retired from Johnson & Johnson Development Corporation at the end of December after nearly four years as its president.
Zipcar drives into Wheelz
Nasdaq-listed Zipcar is the latest beneficiary of venture funding to turn to corporate venturing, leading a $13.7m round for the peer-to-peer car sharing company.
BP strikes Ventures growth
Expanded remit and team for oil major BP as Justin Adams, head of emerging business and ventures at BP’s Alternative Energy division, is to leave next month.
Vserv seeks Ramakrishnan for tech advice
The Silicon Valley veteran will act as technology advisor for the mobile advertising startup, having held roles at Facebook, Yahoo!, Oracle and Skype among others.
Volcker Rule affects venture industry
At least one venture group’s fundraising has a potential $25m commitment from an undisclosed bank impacted by the Volcker Rule.
Rombaut switches from Qualcomm to Cisco
Frederic Rombaut has moved from semiconductor and telecom corporation Qualcomm, where he acted as managing director for Qualcomm Ventures in Europe, to technology company Cisco, where he will run mergers and acquisitions in international regions. The role will also involve developing Cisco’s corporate venturing activities internationally. Qualcomm’s recent investments in Europe include UK-based video advertising… Continue reading Rombaut switches from Qualcomm to Cisco
Boyer warns on biotech venture’s future
The founder of Genentech says the sector is the biggest “loss-maker” for VCs meaning a potential funding drought.