We’re thrilled to announce that our partner Brian Chee is joining the management company of Polaris Partners, VI. Brian joins the other Polaris partners currently managing the firm’s funds: Dave Barrett, Jon Flint, Terry McGuire, Amir Nashat and Bryce Youngren.
Brian has been a key member of the partnership since its founding in 1996, and has built an incredibly-important healthcare franchise. He led our investment in Ascend Health, which was recently acquired by Universal Health Services for $500 million, a 10x return on investment. In addition to Ascend, Brian led Polaris investments in Free & Clear (acquired by Alere), Asthmatx (acquired by Boston Scientific), and Sentillion (acquired by Microsoft).
We’re also pleased to name Noel Ruane to Venture Partner.
Noel led the founding and development of our @dogpatchlabs innovation community in Dublin, Ireland over the past year. The Dublin Lab has been off to a great start, with 21 companies currently in residence. Before coming to Polaris, he founded and was former CEO of Brandmail Solutions, founded LaunchPad, a Dublin startup accelerator, and also served as Vice President of Business Development for IDA Ireland. Based in Mountain View, California, he was the IDA Ireland overseas officer responsible for bringing marquee tech companies to Ireland including Google, Amazon, EBay, PayPal and Yahoo.
Noel will head-up our European investment efforts by helping to find great opportunities across Early and Growth Stage Technology – and continuing to build relationships with special entrepreneurs.