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Dominic Orr was named President and CEO of Aruba Networks in April 2006. Prior to that, Mr. Orr served as the company's Chairman of the Board. Previously, Dominic Orr was the president of Nortel Networks, Intelligent Internet Web Systems. He previously served as the president and chief executive of Alteon WebSystems which was merged with Nortel Networks in Oct. 2000. Mr. Orr has more than 20 years of experience in the computer systems and communication networking industry and has held senior positions at Bay Networks, Hewlett-Packard and Hughes Aircraft. Mr. Orr. is a member of the Sciences Board of Visitors at UCLA. He holds a BS in physics from City University of New York and a MS and PhD from California Institute of Technology.
In medical business news, a venture fund in Michigan has raised $15 million for investment in lifescience companies. SWMF LifeScience Venture Fund plans to raise $35 million more. Read more about this lifescience venture fund’s goals.
Wouldn’t every healthcare business entrepreneur like to have access to business experts and a connection to investors? These are two components of Minnesota Angel Network’s new program.
Venture capital funding declined in the second quarter for the life sciences sector. Read more about how medical device startups and biotech companies fared.
Medical device startups and other life science companies are receiving funding from the GE Healthymagination Fund. Read more about how the fund works.
Late-stage deals don't have much value for one outspoken venture capitalist. Read more about the reasons for his claim.
Venture capital investment by corporations in the healthcare sector fell in the first quarter, but that may improve since the Affordable Care Act was upheld. Read more about investments in the healthcare sector.
Anna Patterson is President and Founder of search engine Cuil. Her focus is on scaling architecture, tackling one of the major problems in search-the exponential growth of the Internet. Anna was the architect of Google?s large search index, TeraGoogle, that launched in early 2006. While at Google, Anna was the technical lead of one of the two Web ranking groups at Google, in charge of GoogleBase, and the manager for the core piece of Google's ad-matching technology. She joined Google in 2004 after designing, writing and selling Recall-the largest search engine in existence at the time at 12 billion pages. Anna has a PhD in Computer Science from the University of Illinois at Urbana-Champaign, and was a Research Scientist at Stanford University.
Angel financing - or funding from individuals with the time and money to invest in early-stage companies - is more accessible thanks to the gathering of such investors into networks, writes an erstwhile entrepreneur turned angel investor. The process is still arduous, but the author offers tips for easing the way.
Bootstrapping is one way to extend existing cash and postpone the need to raise money, thus allowing the entrepreneur time to achieve milestones and raise the valuation of the company. The author provides specific ways to bootstrap your company and extend your cash runway.
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