Wednesday, 14 Nov 2018
Category: Matrix Partners

Former Formation 8 GP Shirish Sathaye joins Cervin Ventures

Longtime venture capitalist Shirish Sathaye has quietly joined early-stage investor Cervin Ventures as a general partner. Most recently, Sathaye was a general partner at Formation 8, the embattled venture firm co-founded by Palantir’s Joe Lonsdale, Brian Koo (a scion of the Koo family, owners of the electronics giant LG) and former Khosla GP Jim Kim. Formation […]

Exclusive: HR startup Namely, once a high flier, gets a new CEO and $60 million in new funding to soar again

Namely, a 400-person, six-and-a-half-year-old company, has mostly had the kind of trajectory that other startups envy. Mostly. The startup’s mobile-first platform — which sells payroll, talent management and other HR services to mid-size businesses across the U.S. via subscription software — has for years been seen as among New York’s most promising businesses. Investors like […]