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ALine adds VC vet Lauro to board

Rancho Dominguez, California-based ALine, a provider of advanced microfluidic products and solutions, has named George Lauro to its board. Lauro is a founding partner at Alteon Capital. He is also a former managing director at Wasserstein Perella and an ex-partner at Techfarm Venture Capital.


Los Angeles, CA (PRWEB) April 07, 2015

ALine, a leading developer of advanced Microfluidic products and solutions, is pleased to announce that George Lauro has joined its board.

George has 25 years of experience as a technology entrepreneur, operating executive, and venture capitalist. He has built several tech companies from early stage to high value exit (M&A or IPO), George is Founding Partner of Alteon Capital, a Technology Venture Development firm based in Cambridge, MA. He was Managing Director at Wasserstein Perella and head of West Coast technology investing, and was a Partner at Techfarm Venture Capital in Silicon Valley. He led and syndicated over 2 dozen private equity financing rounds for VC portfolio companies and completed over $1 billion in M&A transactions. He ran Technology Commercialization at IBM Headquarters and launched several tech businesses spun from IBM Watson Research Center. George will work with ALine’s management team to develop and execute its accelerated growth strategy.

George Lauro added, “”I am delighted to be joining ALine’s Board. I believe that the Company’s proprietary functional and material set and strong design and process team positions it for significant growth in the microfluidics and Lab-On-Chip sector. I look forward to helping the Company and team achieve this potential.”

Dr. Leanna Levine, President and CEO commented,”We are very happy that George recognizes the growth potential for our business. His distinguished career and experience in venture capital, operations and entrepreneurship are a tremendous asset to ALine. We are pleased he recognizes ALine’s unique and valuable position in the microfluidics market space.”

About ALine
ALine is a leading microfluidic and Lab-on a Chip engineering and manufacturing company serving the Life Science, Medical Diagnostics, and Analytical test markets. Over the past 13 years, we’ve designed and brought to volume production several advanced microfluidic solutions for major customers in several industry sectors, including NASA, JPL, Abbott, GenMark, and Iris Diagnostics (Beckman Coulter).

ALine’s array of materials and fabrication processes give it the broadest design space of any Microfluidics company in the world. The company provides prototype-to-production solutions and executes all steps of microfluidic solution development from initial design through prototyping up to high volume manufacturing . ALine’s unique processes enable one week turnaround on prototypes of sophisticated microfluidic and Lab-on-Chip devices.

ALine was founded in 2003, and is ISO9001:2008 certified.

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