Thursday, October 5, 2006

vSpring Principal Leaves For Portfolio Firm

Salt Lake City, Utah-based vSpring Capital said this week that its New Mexico-based principal, Mike Connolly, has moved on to the position as CEO of a vSpring funded medical firm. Connolly, who headed the firm's New Mexico Office, has moved on to Mirabilis Medica, which recently received first round funding from vSpring. vSpring said that Connolly will continue to represent the company on the boards of Veralight and Aspen Avionics. The firm also said that it will be recruiting a replacement for Connolly.