Polaris Partners hires Tim Kilgallon as CEO-in-residence


Tim KilgallonVenture capital firm Polaris Partners has hired the director of portfolio company Athletes’ Performance as CEO-in-residence.

Tim Kilgallon will join the firm’s West Coast office to explore healthcare services and technology, including consumer-directed digital health opportunities, the firm said.

He previously led web-based learning and phone-based cognitive behavioural coaching company Free & Clear and was president of legal business services provider Applied Discovery.

Polaris partner Brian Chee said, “Having led several successful companies working in and across healthcare, consumer and technology sectors, Tim has a rare depth of knowledge that will be tremendously valuable as we invest in and help build important companies.”

The firm closed its last fund on $375m in 2011, well down on the $1bn it gathered for its predecessor.

Earlier this month it led a $14.5m Series A round for AgBiome, which develops agricultural products to improve crop productivity.

The round was also supported by ARCH Venture Partners, Harris & Harris Group, and Innotech Advisers.

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