Boston-based Bain Capital Ventures is planning to open an office in Palo Alto, CA, according to a report in PE Hub. Managing director Ajay Agarwal and several associates will be relocating to Silicon Valley, and the firm plans to hire several senior executives in the area, the report says. BCV has not confirmed the news. Agarwal has been involved with investments in such companies as AdReady, Kiva Systems, m-Qube, Skyhook Wireless, and VMLogix. Last July, the venture firm announced it was opening a virtual innovation center aimed at providing resources and contacts for early-stage startups.
Author: Gregory T. Huang
Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003.
Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.
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