VC-backed Cloud Technology Partners adds to board of advisors

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.

475 Views

Oak Investment exec Ren Riley to lead alternatives at Robertson Stephens

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.

126 Views

Giosis snaps up $82.1 mln Series A

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.

146 Views

Cloud Technology Partners amasses $3.5 mln

Boston-based Cloud Technology Partners, a provider of cloud computing consulting services, has closed $3.5 million in funding. Pritzker Group Venture Capital and Oak Investment Partners led the round.

arrested (1)
901 Views

Connecticut fund executive faces new SEC fraud charges: Reuters

The U.S. Securities and Exchange Commission on Wednesday announced fraud charges and an asset freeze against a Connecticut venture capital executive previously charged with insider trading, and now accused of cheating his own clients out of tens of millions of dollars, Reuters News reported.

shutterstock_223889344
602 Views

peHUB Second Opinion

In Second Opinion, Danaher plans on buying Pall Corp for $13.8 billion and splitting the business into two, a venture capitalist at Oak Investment who had been arrested for insider trading is now accused of defrauding his firm and Starwood has launched a new hotel brand for luxury-seeking millennials.

Photobucket acquires VC-backed Milyoni

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.

111 Views

Mojix inks $14 mln Series D

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.

174 Views

Phononic grabs $44.5 mln Series D

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.

421 Views

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

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.

launch
471 Views

Oak HC/FT closes debut fund on $500 mln

Oak HC/FT, formed by three partners from Oak Investment Partners, has closed its debut venture growth fund on $500 million. The fund will target investments in healthcare information and services and financial services technology.

08252014Hawaii
148 Views

Growth equity an eclectic mix at Hawaii ERS: VCJ

The growth equity portfolio at the Hawaii Employees’ Retirement System is an eclectic mix of small-scale later stage funds and massive multi-billion capital pools with a broad, balanced approach. Results are reasonably good.

0818Hawaii
100 Views

Bubble-year funds struggle to get ahead: VCJ

Many bubble-year funds still struggle to turn the corner. This is the case at the Employees’ Retirement System of the State of Hawaii, where mixed results describe a portfolio of 23 funds with vintages of 1998, 1999 and 2000.

153 Views

NextNav snags $70 mln Series D

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.

211 Views

FreshBooks snags $30 mln

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.

PE HUB Community

Join the 12523 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget