Thursday, October 1, 2009

Prism VentureWorks' Nye Joins Medical Device Firm

Venture capital firm Prism VentureWorks apparently has lost its last link to Southern California's venture market, as the firm's Los Angeles-based General Partner, Gordie Nye, has left the firm to join a medical device company in Northern California. According to Pleasanton-based Zeltiq Aesthetics, Nye has joined the firm as its new CEO. Zeltiq said that Nye will remain a director on some of Prism's portfolio firms. Prism had shut down its Los Angeles offices earlier this month, saying that Nye would cover the market from his home office. Prism has investments in local firms Mota Motors, Six Degree Games, ibeatyou, and Comedy.com.

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