This week peHUB is showcasing a director vacancy in the life sciences space, plus accounting and real estate openings at two top buyout houses based in London and New York. There are also two private equity posts looking to be filled at New York State Teachers’ Retirement System.
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A report by Silicon Valley Bank finds 87% of technology startups plan to hire in 2013. The Startup Outlook report is based on a survey of more than 750 startup executives in the United States and 125 in the United Kingdom. In the U.S., hiring intentions are up 14% from four years ago, when the annual survey began.
Mattson Technology, a supplier of advanced process equipment used to manufacture semiconductors, has entered into a three-year revolving credit facility for $25 million with Silicon Valley Bank, part of SVB Financial Group. Upon closing, the company borrowed $10 million under this facility with an annual interest rate of 4.75 percent.
Axesstel, a San Diego-based maker of wireless voice, broadband access and connected home software, has secured a three-year, $2.25 million term loan with Silicon Valley Bank, the California bank subsidiary and commercial banking operation of SVB Financial Group.
PeopleMatter, a Charleston, S.C.-based maker of HR software, has raised $19 million in Series B funding, led by Scale Venture Partners, whose partner, Rob Theis, has joined the board. Previous PeopleMatter investors Intersouth Partners, Morgenthaler Ventures, Harbert Venture Partners, Noro-Moseley Partners, C&B Capital and Silicon Valley Bank also contributed to the funding.
Vero Software — a computer aided design (CAD) and computer aided manufacturing (CAM) company based in Cheltenham, England — has received an undisclosed amount of money from senior lenders Silicon Valley Bank and HSBC to acquire Sescoi International, another CAD/CAM software company. Vero, which did not publish the purchase price, is a portfolio company of Battery Ventures.
Optimal has secured $7 million in funding. New investors include DoubleRock, The Social Internet Fund, Siemer Ventures, Signal Ventures, John Pappajohn, Warren Adelman (former CEO of GoDaddy), Social Starts, James Altucher and Silicon Valley Bank. Paul Suh has joined the company as chief financial officer effective immediately.
Angels continued to aggressively put money to work in the third quarter of last year, with medianl round size jumping to a 15-month high and dollars going to mobile startups rising to 16.5% of total investments.