Steve Case Brings BrainScope To DC

Tom Heath's "Value Added" column is moving to Mondays, but here's a short bit of news he didn't want to hold back.

Steve Case, former chairman of AOL and founder of Revolution, LLC, a holding company for his various startups, is upping his investment in BrainScope, which develops hand-held, non-invasive gizmos that can tell whether your brain is healthy.

Case is also joining BrainScope's board of directors. The company and its tiny staff plan to move here from the St. Louis area,.

Case is bringing on another AOL veteran, Miles Gilburne, the managing partner of ZG Ventures, to serve as BrainScope's co-chairman of the board, along with medical device venture capitalist Phillip Himelstein.

Case earlier this year rolled his majority interest in FlexCar into Zipcar, creating a national firm that rents cars by the hour.

Revolution owns businesses in the healthcare, financial services, resorts, wellness and digital sectors.

By Dan Beyers  |  October 30, 2008; 3:26 PM ET  | Category:  Value Added
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