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| ANDREW VERHALEN |
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SMARTCELLS, INC.
Todd C. Zion founded SmartCells, Inc. in 2003 to develop SmartInsulin™,
the first glucose-regulated, injectable formulation for treating diabetes.
As SmartCells’ president and CEO, He was instrumental in raising $10
million in equity financing from individual investors and $10 million in
grants to support research and clinical development. In December 2010,
Merck and Co. acquired SmartCells for over $500 million in cash and
clinical milestone payments. He developed the SmartInsulin™ technology
as part of his doctoral thesis work at MIT. Prior to enrolling at MIT,
he worked as a polymer development engineer at Eastman Kodak. He
now enjoys advising technology entrepreneurs through MIT’s Venture
Mentoring Service. He also serves on a number of advisory boards including
those of the Beth Israel Deaconess Medical Center and the CNY
Biotech Accelerator.
72 Nanepashemet St.
Marblehead, MA 01945
857 389-2273
todd@toddzion.com
. ’78 EE, M.Eng./MBA '81) MATRIX PARTNERS |
Andrew W. Verhalen joined Matrix Partners, a venture capital partnership
in 1992. Since then he has led Matrix’s involvement in dozens of successful
technology companies, including Phone.com, which went public in 1999;
SiTera, which sold to Vitesse; and Alteon Websystems, which listed its shares
on Nasdaq before being acquired by Nortel Networks. Before joining Matrix,
Verhalen helped start Grand Junction Networks, an Ethernet switch business
that is now a major division of Cisco. Previously he worked for 3Com, where
he built a new division focused on network adapters and hubs. Prior to that,
he managed marketing for Intel’s flagship microprocessor, the 8086. Today
he is working with a few young companies: Ambarella provides HD video
and image processing solutions; Panzura provides enterprise cloud storage
controllers; Sila Nanotechnologies is developing advanced battery materials.
Verhalen received a B.S. in electrical engineering, M.Eng. in electrical
engineering and M.B.A. all from Cornell.
260 Homer Avenue,
Suite 201
Palo Alto, CA 94301
650-798-1600 (office)
650-798-1601 (fax)
averhalen@matrixpartners.com
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