Paladin Capital Group, a leading multi-stage private equity firm based in Washington D.C., is pleased to announce the promotion of Dr. Paul Conley to Managing Director. Dr. Conley possesses a broad set of skills and deep experience base as an investor, entrepreneur and technologist and has been a key principal leading new investments for the firm.
Fixmo Inc., the mobile risk management (MRM) company, today announced it has closed a $23 million Series C round, led by new investor Paladin Capital Group. Horizons Ventures and Kleiner Perkins Caufield & Byers join as new investors; existing investors and management all participated in the round.
QuantaLife, one of the nation’s most promising life sciences companies, was purchased this week by Bio-Rad Laboratories for $162 million – marking another successful exit for Paladin Capital Group. Paladin helped nurture QuantaLife from a tiny startup with a great idea to a dynamic company that is helping to accelerate the search for causes, cures and diagnostics for many important diseases, including cancer, HIV and genetic birth defects.
CyberCore Technologies (“CyberCore”), a leading provider of information technology services to the federal government and intelligence community with expertise in cyber security, systems integration and secure supply chain management, today announced that the Paladin Capital Group has made an investment in the company. The investment comes after Cybercore was acquired by Moelis Capital Partners (MCP), the private equity business affiliated with Moelis & Company, in July.
East Aurora, NY – Moog Inc. (NYSE: MOG.A and MOG.B) announced today that it has acquired Crossbow Technology Inc. Crossbow, headquartered in Milpitas, CA, is a designer and manufacturer of acceleration sensors that are integrated into inertial navigation and guidance systems. The products are used in a variety of aerospace, defense and transportation applications. The purchase price is approximately $32 million, net of Crossbow’s cash balances.