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Our Sponsors
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A Message From the CEO
 What inspires you? For me it is the energy, drive and raw passion that entrepreneurs embody. What I really enjoy about my job is that each day I have the privilege of experiencing this fist hand. And now you too can carve out some time to engage an entrepreneur. This month's newsletter spotlights our Call for Applications for our fall conference. We need you: To source companies - help us find the exceptional entrepreneur wherever she may be. To screen companies - contact us to let us know about your expertise so that we can slot you in to one of our screening committees. To advise companies - as in prior years, each selected company will be assigned a minimum of 3 advisors - one VC, one CEO and one other - who will work with the entrepreneurs through the Astia program. Contact us to let us know your interests and availability. I very much look forward to seeing you all soon. Cheers,
Sharon
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Now Accepting Applications for 7th Annual Astia Conference
Know an Entrepreneur in a high growth market looking to raise capital this year? Here's their opportunity to access the premier fundraising program in the nation for women led companies.
- The conferences have averaged a success rate exceeding 60%
- Since 2003, presenting companies have raised over $423 million
- There have been 9 exits for presenting companies
2008 Fall Program Dates:- Application Deadline: August 13
- Astia Entrepreneur Program: Sep. 25 - Nov. 14
- 7th Annual Astia Conference: November 19 - 21
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Astia Welcomes East Coast Advisory Board Member
We are delighted to welcome Debora K. LaBudde, Managing General Partner of ENVOI Venture Partners, to the Astia Advisory Board. ENVOI Venture Partners is an early stage venture capital firm based in New York. Debora has close to 15 years of consulting, venture financing, investment banking and early stage company management experience in the life science and technology sectors. "I was thoroughly impressed with the 2008 NYC Astia Forum," said Deb
Labudde. The program was very well run and the quality of companies
that presented were stronger than I was expecting. I'm thrilled
to have been asked to support such a terrific organization."
Earlier in her career, Ms. LaBudde was Director of Business Development for Bausch & Lomb, Inc. where she was involved in over a dozen successful M&A and licensing transactions representing more than $1.5 billion of aggregate value for the company. Ms. LaBudde was also a founder and head of business development for a venture capital backed technology-solutions company which was spun-off from Bausch & Lomb with a $50 million capital commitment from financial and strategic investors.
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Allegis Capital Joins 2008 Executive Council
We are pleased to announce that Allegis Capital has joined the 2008 Astia Executive Council. Membership in the Executive Council
provides sponsoring VCs with the opportunity to be actively engaged the
conference, achieve high visibility, network with other VCs, and have priority
review and access to all Venture Conference applicants.
"We at Allegis are delighted to deepen our support of and involvement with Astia," said Lara Druyan, General Partner at Allegis. "We have backed some wonderful female entrepreneurs and look forward to backing some Astia graduates! Moreover, we look forward to working with the Astia community and to helping that community grow."
Other members of the 2008 Executive Council include: Advanced Venture Partners, Allegis Capital, Alloy Ventures, Asset Management, CalPERS, Cisco, Garage Technology Ventures, Hamilton Lane, Hummer Winblad Venture Partners, Intel Capital, Levensohn Venture Partners, Milk Street Ventures, Opus Capital & Prolog Ventures, Voyager Capital.
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Company News
Remedy Interactive Recognized as a Top Company to Work for in the Bay Area
Remedy Interactive Inc., a leading provider of enterprise solutions that help large organizations prevent workplace injuries and reduce workers' compensation costs, today announced that it was named among the 100 "Best Places to Work in the Bay Area" for 2008 by the San Francisco Business Times, Silicon Valley/San Jose Business Journal and East Bay Business Times. Remedy Interactive ranked 7th in the small business category of companies with at least 50 employees. More than 500 companies applied for the award.
CEO Kim Lopez said "At Remedy Interactive, we believe employees are a
company's greatest asset, which is why our business helps companies
reduce workplace risks and prevent injuries. This concern for health
and wellness begins with our own employees. They are the reason for our
success, and we're proud of their genuine recognition of Remedy
Interactive as a winning workplace."
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Venture Conference Funding Update
2007 Presenters Finesse Solutions, Alpha Orthopaedics and 2006 Presenter Medipacs Secure Funding
Finesse Solutions, a provider of unequaled sensor, hardware, and software solutions for life science applications, closed a Series C round for an undisclosed amount. The raised funds will allow the company to scale to over $10m in revenue by the end of 2008. Alpha Orthopaedics, a medical device company that develops non-invasive products based on its licensed reverse thermal gradient technology, closed an initial round of funding is anticipated to take the company to the launch of Alpha's product in
Europe this fall.  2006 Conference Presenter Medipacs, a Tuscon-based company developing fluid infusion devices, has raised $1.65 million in seed
funding. Mesa Verde Venture Partners led the round, joined by individual investors. With this most recent funding, 100% of the life science companies presenting at the 2006 Astia Conference have secured funds.
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partner events
Utilizing Advisory Boards for Company Growth - An Executive Discussion presented by FWE&E in partnership with Astia June 5, 2008, 6:00 pm - 8:00pm
Location: Fenwick & West LLP, Mountain View
FWE&E and Astia jointly host an interactive executive conversation
with company founders and entrepreneurs who've formed successful and
value creating advisory boards. The program is designed to help
entrepreneurs with the question of if, when, and how to build an
Advisory Board. Through panel discussions and small workshop groups,
entrepreneurs will plan the strongest advisory board strategy for their
company. Click Here for more information and to register. Astia Members: Use Astia2008 to get a discount to this event. 19th Annual Venture Capital Investing Conference June 10 -12, 2008 The Palace Hotel, San Francisco
Uniting over 400 of the most active venture capitalists, limited partners
and private equity investors representing over a $trillion in capital.
Providing the unique opportunity to hear leading-edge strategies on investing
strategies, maximizing returns, best practices, industry trends, ensuring successful
fundraising and optimizing exits. This industry meeting unites the most active venture investors and institutional
investors representing over a $trillion in capital.
More information: http://www.vcinvestingconference.com/home.html
Opportunity for Survey Participation: What Women WantThe Boston Consulting Group is currently conducting
research for a book tentatively titled What Women Want. It will be the third book in a series that
included Trading Up and Treasure Hunt, both business books focused on insights
into the "new consumer" and how they think about the things they
buy. The book will focus on the role of
women as the primary drivers of changing spending patterns and accelerating
social change. As part of the research for the book, BCG needs
25,000 women around the world to complete an online survey, with the aim of getting a mix of women across life
stages, socioeconomic status, ethnicity / culture and geography.
The
survey can be accessed by clicking here. You can
also check out the website at: http://www.WomenSpeakWorldwide.com/
Study on Women in Entrepreneurship
The Center for Gender in Organizations
at the Simmons School of Management is interested in exploring how the
second generation gender lens might shed light on interactions between
female entrepreneurs and venture capitalists. They plan to conduct
one-on-one telephone interviews with women
entrepreneurs to talk about challenges women entrepreneurs face
including: managing your credibility, building the team, inspiring
confidence, accessing resources, seeking help and advice, dealing with
crises, and navigating work and family. If
you have had experiences that touch on these areas, your voice would
add a great deal to this effort. Please contact Professor Teresa
Nelson via teresa.nelson@simmons.edu with questions or if you are willing and able to participate in the project. Corporate Directors Enterprise 2008: Effective Corporate Governance
The program brings together finance and accounting faculty from the Haas School of Business; faculty from UC Berkeley, Boalt School of Law and prominent speakers from the
corporate community. The program is an intensive agenda focused on
"best practices" approaches to Board activities to improve Director
effectiveness and accountability. June 16 - 17
2008. Early registration discount deadline June 1, 2008. More information: http://execdev.haas.berkeley.edu/ApplicationFiles/web/WebFrame.cfm?web_id=968
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Brynna Deaver Client Services & Community Development Astia | |
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