Category: People

Marc Beer Helps to Raise Capital

Growing any type of organization can be a challenge. In order to grow your company, you may need to raise capital from outside investors. While this can prove to be a challenge for some people, there are other organizations that have such great concepts and futures that they are able to raise it through a variety of different private equity and venture capital funding. One organization that has done a great job of raising capital over the past few years is Renovia.

 

Over the past few years, this company has been able to raise several different rounds of private-equity. This recently has included a $32 million series-B fund that will be used to help continue to grow the organization. Renovia continues to be a very popular option with investors due to the medical technology demand that is growing in the field. Today, the organization is very well known for being the innovator behind a variety of different medical devices and other products that are continuing to shape the industry. Learn more: https://renoviainc.com/

 

Along with the new round of equity, the company will also be receiving a $10 million round of venture debt. The more than $40 million of new money coming into the company will help to fuel the growth for the next few years. The company plans to use the money to raise working capital, invest in new product lines, market, and bring a number of new exciting concepts and products to market. This would be an impossible task if it was not for the new round of funding.

 

Ever since the company was formed, Renovia has continued to be very impressive to investors and other stakeholders. While the medical technology industry is very competitive and hard to succeed in, the company has continued to do well. Much of the success is due to the leadership of the company’s CEO Marc Beer. Follow Marc Beer on LinkedIn

 

In his role as CEO of Renovia, Marc Beer has been responsible for a variety of initiatives that have been used to grow the company. While the organization has been able to come up with some great concepts, the leadership provided by Beer has been the central driving force behind the success of the company. Over the past few years alone, he has led many different rounds of debt and equity raising that has allowed the company to invest further into new technology.

 

While Marc Beer has been a very big part of the Renovia team, he has also found other ways to give back. Beer is a very significant part of a variety of advisory councils for the Univeristy of Miami and the University of Notre Dame. He also continues to participate and donate to a range of charitable organizations.

 

The Chainsmokers Talk About Their Latest Song Release

The Chainsmokers performed in the last week of July in both the Hollywood Palladium, partnering with Pepsi, and also at a venue in Atlantic City. At this latter concert, they unveiled their newest song, “Side Effects”. This song has an incredibly catchy beat to it that has been described as funky and disco-tinged. Following these concerts, The Chainsmokers, Alex Pall and Drew Taggart, sat down for an interview with Billboard.

During this interview, Drew Taggart shared that because they live in the greater Los Angeles area now they really had fun performing at the Hollywood Palladium. A lot of their friends were in attendance and had a great time. Alex Pall said that it was a great contrast to playing in Las Vegas which they do just about every weekend. It gives them a chance to play to big crowds and smaller and more intimate ones as well.

Talking about “Side Effects”, Drew Taggart said that they have been creating slower and more mellow songs since the start of 2018. Given that it is summer they wanted to produce a song that was more upbeat and funky. He says that their songs always reflect what is going on in their lives. They were both dealing with some darker stuff earlier in the year which resulted in songs like “Sick Boy” and “You Owe Me”. Now that things are looking up they wanted to produce a much more positive song.

Alex Pall said in the interview that he sees the internet taking over people’s lives and most people have a love/hate relationship with it. That had been the theme of their latest songs for the most part. They’ve been pretty self-deprecating about the millennial generation while also having fun with it.

Since December 2013, The Chainsmokers have had a long list of international hits. This includes “Closer”, “Inside Out”, “All We Know”. They had a number of hits off their last album, “Memories…Do Not Open” and it has been at the top of the EDM charts ever since it was released. Among the biggest hits off this album was “Something Just Like This”.

https://www.forbes.com/sites/hughmcintyre/2018/05/28/the-chainsmokers-debut-album-is-now-the-third-longest-running-no-1-on-the-dance-chart/#95bf4069c7a3