Mon.Jan 13, 2020

Bonfire Ventures Looks To Raise New, $100M Fund

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Los Angeles-based venture capital investment fund Bonfire Ventures is looking to raise a new, $100M investment fund, Bonfire Ventures II, L.P., according to a regulatory filing by the firm. According to the filing, the managing directors of the new fund are Jim Andelman, Mark Mullen, and Brett Queener. As expected, no details on the fundraising have been announced or mentioned by the firm.

Google 100

7 Personal Attributes That Attract Investor Attention

Startup Professionals Musings

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Finally I realized that venture capital and angel investors are actually humans, despite some views to the contrary.

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InTouch Health Acquired For $600M

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Santa Barbara-based InTouch Health , which provides telehealth services and robotic, healthcare products, has been acquired by Teladoc Health , for $600M in a combination of cash and stock, the companies said over the weekend. According to the two, the deal is includes approximately $150M in cash and $450M of Teladoc Health common stock.

Daré Bioscience Inks Deal With Bayer for Non-Hormonal Contraceptive

Xconomy

Daré Bioscience launched in 2015 with the aim of assembling a portfolio of novel women’s health products intended to pique interest from major pharmaceutical companies.

Japanese Billionaire Seeks Girlfriend For SpaceX Ride Around The Moon

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In an unusual effort to find a girlfriend, Japanese billionaire Yusaku Maezawa has launched a complicated effort to attract a partner to ride around the world in a SpaceX rocket with him. According to Maezawa--who made his fortune from Japanese online retailer Zozotown, and an earlier online mail order music album company called Start Today--he has a "long-held dream of going into space" and "wants to visit such a special place together with a special someone".

SpaceX 100

NeoGenomics Nabs Human Longevity’s Oncology Division for $37M

Xconomy

The genetic testing company NeoGenomics has acquired Human Longevity’s Oncology Division, which provides next-generation sequencing services.

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Cognitive Medical Systems Names New CEO

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San Diego-based Cognitive Medical Systems , which provides services to public and private organizations services in the area of clinical healthcare delivery, informatics, UI/UX, human factors engineering and enterprise software development, said last week that it has named Christina Murphy as its CEO. Murphy is a bio-pharma executive who also previously had served as a U.S. Marine Corps Colonel.

Saviynt Names New Chief Revenue Officer

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Los Angeles-based identity and access management software developer Saviynt announced this morning that it has named Todd Rotger as the company's new Chief Revenue Officer. Rotger was previously at ServiceNow, where he was serving as Vice President of Global Sales, Security and Risk. Rotger also had served as VP of Sales U.S. East at Hewlett Packard Enterprise. Saviynt is led by CEO Amit Saha. The company says it now has more than 400 employees. READ MORE>>.

Sales 100

Human Longevity Sells Off Division For $37M

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San Diego-based precision health analytics developer Human Longevity announced this morning that it has sold off its Oncology Division to NeoGenomics , in a deal worth $37M in cash. According to Human Longevity, the deal will help it focus entirely on "longevity and extending the healthy, high-performance human lifespan". The deal closed on Friday. Human Longevity's backers include Celgene, GE, and Illumina.