CARLSBAD, Calif., Nov. 18, 2013 /PRNewswire/ -- Colorescience is proud to announce that CEO, Mary Fisher, has been honored with the 2013 EY Venture Capital Award of Excellence. The awards program recognizes outstanding high-growth entrepreneurs from companies who have received venture capital backing and who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. The award recipients were selected by a panel of independent judges and were honored at an awards dinner at the 2013 EY Strategic Growth Forum on Wednesday, November 13, 2013.
"I am truly honored, and believe this award is the culmination of a successful team effort," said Ms. Fisher. "I'm privileged to be surrounded by an extremely talented group of individuals who were tireless in executing the vision for growth and unparalleled customer focus."
During her tenure with SkinMedica, Ms. Fisher led dynamic year-over-year growth, helping it become the "Fastest growing professional skin care company in the United States*" for six consecutive years. Under Fisher's purview, SkinMedica sold their medical assets to Intendis, a division of Bayer in 2009, rolled out a first of its kind customer educational initiative along with a sales force expansion in 2010, acquired Colorescience in 2011, and was a key player in SkinMedica's acquisition by Allergan in December 2012.
Since joining Colorescience in April of this year, Ms. Fisher bolstered the brand's executive team to include Ted Ebel as Chief Business Officer and Steve Loomis as CFO, to come along side Josie Juncal, Colorescience's Chief Commercial Officer, all three former SkinMedica executives. Together the team has quickly mapped out their plans for accelerated growth, and subsequently raised $10 million in Series A Venture Capital Financing.
Now in its eighth year, the Venture Capital Award of Excellence winners are selected from those EY Entrepreneur Of The Year™ regional winners whose companies have been backed by venture capital funding. The recipients were selected on the basis of VC funding, equity and revenue growth, EBITDA margins, and the stories of their company development. The winners were selected out of 50 nominees by an independent panel of judges, comprised of four leading venture capitalists from across the country including: Jeff Fagnan – Atlas Venture; Steve Goldberg – Venrock; Richard Heitzmann – FirstMark Capital; and Adele Oliva – Quaker Partners.
Sponsors Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored in the United States by SAP America and the Ewing Marion Kauffman Foundation. Square 1 Bank is the EY Venture Capital Award of Excellence sponsor.
About Colorescience Makeup that does more - Colorescience's high-performance mineral-based cosmetics were created to help achieve a clear, even complexion and protect skin from the damaging effects of the sun and environment. The products are unique from other makeup lines because they include high-quality efficacious ingredients, luxury colores and are simple to use. Its dermatologist recommended formulations with SPF 20, 30 and 50 blend and layer together to camouflage imperfections and achieve an instant flawless face.
Sunforgettable® is a registered trademark of Colorescience. The line is comprised of mineral sun protection products that offer a high level of Broad Spectrum UVA/UVB sun protection, SPF 30, SPF 35 and SPF 50. All products are easy to apply and re-apply throughout the day and help protect against the sun's harmful rays and diminish the signs of aging.
*Kline & Co., Professional Skin Care: U.S. Market Analysis and Opportunities