Centrify To Be Bought, Names Ex-Symantec Head Art Gilliland As CEO
Centrify will have its third owner and fourth top executive in less than three years after the privileged access management vendor agreed to be purchased by TPG and selected Art Gilliland as its next CEO. By Michael Novinson January 28, 2021, 02:08 PM EST
Centrify will have its third owner and fourth top executive in less than three years after the company agreed to be purchased by TPG and selected Art Gilliland as CEO.
The Santa Clara, Calif.-based privileged access management vendor on Thursday tapped Gilliland, the former head of Symantec Enterprise and CEO of Skyport Systems, to be its next leader. The move comes just seven months after Centrify brought in top CollabNet executive Flint Brenton to serve as its president and CEO. Gilliland will take over once TPG closes its acquisition of Centrify from Thoma Bravo.
What it does:10x Genomics makes software for researchers to perform single cell and whole genome sequencing. Its software can be used for immunotherapy and cell therapy research in cancer patients or patients with rare genetic disorders. The Silicon Valley-based company was founded by Serge Saxonov, formerly the founding director of research at consumer genetics company 23andMe.
Deal details: SoftBank participated in the company s $125 million Series D funding round in 2018 that valued the company at $1.25 billion. It went public in September 2019 and was valued above $3.6 billion in its debut. SoftBank is no longer invested in 10x Genomics.
Other investors: Venrock, Fidelity International, Foresight Capital Management, and Paladin Capital Group
Curtsy, a clothing resale app aimed at Gen Z women, raises $11 million Series A
Curtsy, a clothing resale app and competitor to recently IPO’d Poshmark, announced today it has raised $11 million in Series A funding for its startup focused on the Gen Z market. The app, which evolved out of an earlier effort for renting dresses, now allows women to list their clothes, shoes and accessories for resale, while also reducing many of the frictions involved with the typical resale process.
The new round was led by Index Ventures, and included participation from Y Combinator, prior investors FJ Labs and 1984 Ventures, and angel investor Josh Breinlinger (who left Jackson Square Ventures to start his own fund).
Validating Game-Changing Approach to Live Event Ticketing
Investors for Series B include Chamath Palihapitiya’s Social Capital, music legend Quincy Jones and Rocketship VC, joining early shareholders Accomplice, Jackson Square Ventures and others
OFFICIAL PRESS RELEASE Shore Fire Media
Lyte, the technology platform that is transforming ticketing for live events, has announced $33 million in a Series B round, a combination of equity and debt, bringing its fundraising total to $48 million. The funding enables Lyte to continue its rapid growth beyond the nearly 300 top artist tours, festivals, venues and live events that use Lyte’s technology to power consumer flexibility, and confront the challenges created by the pandemic, in the event ticketing e-commerce experience.