SOURCE: Versant Ventures

January 06, 2011 15:39 ET

Venture Capital Firm Versant Ventures Promotes Kirk Nielsen to Managing Director

Experienced Healthcare Investor Will Help Expand Versant's Orange County Medical Device Practice

NEWPORT BEACH, CA and MENLO PARK, CA--(Marketwire - January 6, 2011) - Versant Ventures, a leading healthcare-focused venture capital firm, announced today that Kirk Nielsen has been promoted to Managing Director from Principal.

"Kirk has been an important part of the Versant team since joining the firm in 2006. He's a tremendous talent and he will continue to help build our growing medical device presence in Southern California and beyond," said William Link, a co-founder of Versant Ventures and member of the firm's Newport Beach office.

Nielsen currently serves on the boards of Cardiac Concepts, Innovative Pulmonary Solutions, and MD Start, a European medical device incubator. He has also been actively involved in a variety of Versant portfolio companies, including Cameron Health, ConcepTx Medical, Glumetrics, Lutonix, Portaero, RedBrick Health, Sequent Medical, The Innovation Factory, WaveTec, and Vital Therapies. 

Nielsen joined Versant from Medtronic, where he was a sales representative in the company's Cardiac Rhythm Management (CRM) division. He also worked in marketing and business development for Medtronic and for Versant portfolio company Fluidigm. Earlier, he was a strategy consultant at Bain & Company. Before his business career, Nielsen was a professional hockey player. He holds an undergraduate degree in Biology and an MBA from Harvard University.

About Versant Ventures

Versant Ventures is a leading healthcare-focused venture capital firm specializing in seed, early-stage, and selective later-stage investments in medical devices, biotechnology and pharmaceuticals. Founded in 1999, the firm consists of a seasoned team of 13 managing directors with more than 170 years of venture capital investing experience and approximately 145 years of operating experience. It currently manages 95 companies in its portfolio and more than $1.6 billion in capital. Versant Ventures has three offices in California in Silicon Valley, Orange County and San Francisco. For more information, visit www.versantventures.com

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