Advanced Technology Ventures, a VC firm with offices in Waltham, MA, and Palo Alto, CA, has let go of several members of its investment staff below the general partner level, including Boston-area principals Christian Cortis and Andrew Friendly, according to a report from Dan Primack at Fortune. Cortis joined ATV in 2006 and focused on biotech and healthcare investments (such as Apoptos and Hydra Biosciences). Friendly started at the firm in 2007 and focused on cleantech and energy companies (such as AltaRock Energy and Solar Junction). The report says both VCs have at least tentative plans for their next jobs, but nothing has been announced yet.
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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