Zenprise, a secure mobile device management provider, has appointed Amit Pandey as president and chief executive officer, effective immediately. The company raised $30 million growth financing in October last year. The round, led by Greylock Partners, also included participation from existing shareholders Rembrandt Venture Partners, Ignition Partners, Bay Partners, Mayfield and Shasta Ventures. PRESS RELEASE [...]
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Zenprise Inc. has raised $30 million in new financing led by Greylock Partners. The round, which included participation from existing shareholders Rembrandt Venture Partners, Ignition Partners, Bay Partners, Mayfield and Shasta Ventures, will be used for growth. Zenprise, a maker of mobile device management software, aims to bolders its product development, sales and marketing efforts. Zenprise also announced that Asheem Chandna of Greylock has been named to the board.
Zenprise, a maker of mobile device management software, has added Steve Valenzuela as chief financial officer; Todd Terbeek as vice president of business development; and Howard Greenfield as vice president of worldwide sales. Valenzuela was previously CFO at Rainmaker Systems, a publicly traded software-as-a-service company. Terbeek was previously vice president of sales and marketing at Lockdown Networks. Prior to Zenprise, Greenfield served as vice president of sales for Wanova, a provider of desktop virtualization solutions. With the latest news, Zenprise also said it had relocated to Redwood City, Calif. Zenprise is backed by investors including Rembrandt Venture Partners, Ignition Partners, Bay Partners, Mayfield and Shasta Ventures.
NorthScale Inc., a Mountain View, Calif.-based provider of elastic data infrastructure software, has raised $10 million in Series B funding. Mayfield Fund led the round, and was joined by return backers Accel Partners and North Bridge Venture Partners.
Emily Melton has joined Mayfield as a partner. She previously was a director with Draper Fisher Jurvetson, where her portfolio company board seats included MyShape, NearbyNow, ProQuo, Redfin and ShareThis. www.mayfield.com
Navin Chaddha joined Mayfield Fund less than three years ago, but he is already one of the firm’s most recognizable faces.
The 38-year-old got his start as an entrepreneur at the age of 25 and successfully co-founded three VC-backed companies that were eventually acquired or went public: VXtreme, a VC-backed streaming media software company; iBeam Broadcasting, an Internet streaming media provider; and Rivio, which provided Web-based services to optimize operations for small businesses.
Chaddha made the shift to venture in 2003, joining Mobius Venture Capital as an EIR, then transitioning to venture partner. A year later, he became a general partner at Gabriel Venture Partners, then joined Mayfield as a managing director in September 2006.
CPower, a New York-based company that helps corporate clients reduce energy usage and earn market payments for those reductions, has raised $10.68 million in Series B funding. Mayfield Fund led the round, and was joined by return backers Bessemer Venture Partners, Expansion Capital Partners, Schneider Electric Ventures, New York City Investment Fund and Consensus Business Group. It is Mayfield’s first investment in the energy sector.
Big personnel move in the cleantech VC world, as Todd Kimmel has left Advanced Technology Ventures to become a partner with Mayfield Fund. For the uninitiated, Kimmel originally joined ATV in 2003 at just 27 years old, and invested in companies like Great Point Energy and CaliSolar. He then transitioned to an entrepreneur-in-residence role in 2006, and co-founded cellulosic ethanol company Coskata (yeah, the one that just got money from Blackstone). Early last year he returned fulltime to ATV, but now is moving on.
Last Friday I spoke to Kimmel, who said the move was largely due to Mayfield’s global platform. “Every company I invested in with ATV needed to address going outside the U.S.,” Kimmel explains. “GreatPoint has been in conversations with a Chinese power company about building a factory, CaliSolar built a facility in Germany because it got support from the German government and so on.”
He added that it was difficult to leave ATV, because “they gave me my first VC opportunity.” Kimmel has transferred
Mayfield has finished raising its eighth venture capital fund, with $395 million in capital commitments. The firm’s seventh fund closed on $375 million in 2005, and includes such portfolio companies as Slide, Fixya, Rubicon Project, Qunar, Consim Info; Alfresco, Adchemy, Gigya, Mimosa, Tejas Networks and Lattice Power. www.mayfield.com