VC-backed Cloud Technology Partners adds to board of advisors

By Iris Dorbian — 6 months ago

Boston-based Cloud Technology Partners, a provider of cloud computing consulting services, has named Ronald H. Hovsepian to its board of advisors. Hovsepian is the president, CEO and director of Intralinks Inc. Cloud Technology Partners’ backers include Pritzker Group Venture Capital and Oak Investment Partners.

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Oak Investment exec Ren Riley to lead alternatives at Robertson Stephens

By Chris Witkowsky — 6 months ago

Former Oak Investment Partners executive Ren Riley will lead alternative assets at Robertson Stephens, a wealth advisor for high net worth individuals. Riley, who joined the firm this year, will lead a Robertson Stephens-branded venture capital fund, a series of co-branded private equity funds and other pooled asset vehicles. He also will develop the firm’s private share secondary platform and merchant banking practice. Riley worked at Oak Investment Partners for 16 years, where he became a GP in 2006. He remains a venture partner at Oak. Prior to Oak, Riley was a senior associate at Robertson Stephens.

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Giosis snaps up $82.1 mln Series A

By Iris Dorbian — 7 months ago

Singapore-based Giosis, the parent company of Pan-Asian ecommerce platform Qoo10, has secured $82.1 million in Series A funding. Singapore Press Holdings Ltd led the round with participation from eBay, Saban Capital Group, UVM 2 Venture Investments LP, Brookside Capital and Oak Investment Partners.

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Photobucket acquires VC-backed Milyoni

By Iris Dorbian — 10 months ago

Photobucket Corp has acquired Pleasanton, California-based Milyoni, a provider of social videos and maker of Madcards. No financial terms were disclosed. Milyoni’s backers included Oak Investment Partners, ATA Ventures and Thomvest Ventures.

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Mojix inks $14 mln Series D

By Iris Dorbian — 10 months ago

Los Angeles-based sensor networks provider Mojix has closed $14 million in Series D funding. OMERS Ventures led the round with participation from other investors that included Mercury Ventures. Concurrent with the funding, Rainer Busch, managing partner at Mercury Ventures, Kent Thexton, managing director at OMERS Ventures, and Bandel Carano, managing partner at Oak Investment Partners, have been named to Mojix’s board of directors.

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Phononic grabs $44.5 mln Series D

By Iris Dorbian — 1 year ago

Phononic has closed $44.5 million in Series D funding. Eastwood Capital Corp and the Wellcome Trust led the round with participation from WLR China Energy Infrastructure Fund, Tsing Capital, Venrock, Oak Investment Partners and Rex Health Ventures. Headquartered in Research Triangle Park, North Carolina, Phononic is a provider of solid state thermal management solutions.

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Ron Johnson’s e-commerce startup Enjoy snags $30 mln

By Iris Dorbian — 1 year ago

According to an announcement on its site, Enjoy, an e-commerce startup founded by former JC Penney CEO Ron Johnson, has received $30 million in overall funding. Kleiner Perkins Caufield & Byers and Oak Investment Partners led the latest round with participation from Andreessen Horowitz. Enjoy will launch in 2015. To read more details about the funding, visit here.

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NextNav snags $70 mln Series D

By Iris Dorbian — 2 years ago

NextNav has secured $70 million in Series D financing. New Enterprise Associates and Oak Investment Partners led the round with participation from Columbia Capital, Telcom Ventures and Goldman Sachs Investment Partners. In conjunction with the funding, Peter Barris, managing general partner at NEA, and Bandel Carano, managing partner at Oak, have been named to NextNav’s board of directors. Based in Sunnyvale, Calif. and McLean, VA, NextNav is a provider of location solutions for indoor and urban environments.

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FreshBooks snags $30 mln

By Iris Dorbian — 2 years ago

FreshBooks said Wednesday that it has closed $30 million in funding. Oak Investment Partners led the round with participation from Atlas Venture and Georgian Partners. Based in Toronto, FreshBooks is a provider of cloud accounting solutions for small service-based business owners.

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