Boston-based MocoSpace, the mobile social networking community designed for people with feature phones (i.e. non-smartphones), announced at the CTIA convention in Las Vegas today that it registered its six millionth user last Friday. When we last featured MocoSpace in January 2008, the community had only 2 million members. The company also shared the results of … Continue reading “MocoSpace Passes 6M Users”
Author: Wade Roush
Akamai Edges Into the Cloud, Surveys State of the Internet
Akamai Technologies, the Web content and applications delivery company based in Cambridge, MA, today revealed more details of it partnership with OpSource, a Santa Clara, CA, provider of computing infrastructure for Software-as-a-Service companies. It’s a deal that could help Akamai (NASDAQ:[[ticker:AKAM]]) move closer to the center of the cloud-computing trend, by helping to ensure that … Continue reading “Akamai Edges Into the Cloud, Surveys State of the Internet”
In Advance of New Massachusetts Privacy Law, Liquid Machines Offers Enterprise-Class Security Software to Mom-and-Pop Businesses
The Commonwealth of Massachusetts Office of Consumer Affairs and Business Regulation (OCABR) has taken pity on recession-dazed business owners in the state, putting off the deadline for meeting new data encryption regulations from January 1, 2009, to May 1, 2009, and then postponing enforcement again until January 1, 2010. Sooner or later, though, all Massachusetts … Continue reading “In Advance of New Massachusetts Privacy Law, Liquid Machines Offers Enterprise-Class Security Software to Mom-and-Pop Businesses”
Tweets from the Edge: The Ins and Outs (and Ups and Downs) of Twitter
If you already know all about Twitter—if you spent mid-March in Austin tweeting away with your pals at South by Southwest, if you can explain the differences between Twhirl and Twitterrific and Tweetdeck, and if you’ve already mastered thinking in 140-character fragments—this week’s column is not for you. It’s for all the other people, the … Continue reading “Tweets from the Edge: The Ins and Outs (and Ups and Downs) of Twitter”
Dimdim: A Clear Future for Multimedia Web Conferencing for the Masses
One sign that Xconomy is in the right business is that there are many more companies building innovative products in our home cities than we have time to cover. Unfortunately, though, our decisions about which companies to cover sometimes come down to little more than intuitive guesses. Back in December 2007, I interviewed the founders … Continue reading “Dimdim: A Clear Future for Multimedia Web Conferencing for the Masses”
Visible Measures Sees $10M C Round
Boston-based Visible Measures, the Web video audience tracking firm we profiled in January 2008 shortly after it closed its $13.5 million Series B round, said today that it has raised a $10 million C round. Participants in the round included new investor Northgate Capital and existing investors General Catalyst Partners and MDV-Mohr Davidow Ventures. “This … Continue reading “Visible Measures Sees $10M C Round”
Kaspersky Lab Launches Malware News Site Threatpost
Randy Drawas, chief marketing officer at Moscow, Russia-based antivirus company Kaspersky Lab, shared some disturbing statistics with me earlier this week. In 2007, he said, Kaspersky’s researchers detected as much malicious software activity on the Internet as they had in the previous 11 years combined. In 2008, malware volume doubled yet again. And in 2009, … Continue reading “Kaspersky Lab Launches Malware News Site Threatpost”
Spark Capital Launches Startup Seed Fund
[Updated with interview material from Spark Capital general partner Bijan Sabet, see below.] It’s almost the equivalent of the “microloans” phenomenon for the venture world: the profusion of startup schools, bootcamps, incubators, and seed funds that give teams small amounts of money—from a few thousand dollars to a few hundred thousand—to get their ideas up … Continue reading “Spark Capital Launches Startup Seed Fund”
Locale Android App Gets Skyhook
Boston’s Skyhook Wireless and two forty four a.m., the startup behind the Locale location-awareness application for the Google Android mobile operating system, announced today that Locale now includes Skyhook’s XPS hybrid location-finding software. Carter Jernigan of two forty four a.m. says Locale originally tapped into the native GPS and Wi-Fi-based location finding capabilities of Android … Continue reading “Locale Android App Gets Skyhook”
SS&C Buys Evare
SS&C Technologies, a maker of financial management software based in Windsor, CT, announced yesterday that it has acquired Evare, a Burlington, MA company that handles financial data acquisition and transformation for banks, corporations, and asset managers. The companies didn’t reveal the terms of the deal.
Free Zinc Browser and Pro Version of ZvBox Breathe New Life into ZeeVee’s Internet Video Technology
ZeeVee, the Littleton, MA-based startup focused on helping people watch high-definition Internet video on their TVs, today introduced a new version of its free video browser. Formerly called Zviewer—and originally designed for the ZvBox, the firm’s PC-to-TV-over-coaxial-cable appliance—the browser is now called Zinc, and runs on any Windows XP or Vista computer. (A Mac version … Continue reading “Free Zinc Browser and Pro Version of ZvBox Breathe New Life into ZeeVee’s Internet Video Technology”
Extreme Reach Wins Funding
Needham, MA-based Extreme Reach, whose Web-based software tracks, manages, and delivers video ads across Web, television, and on-demand platforms, announced today that it has raised additional venture funds from a group including new investor Greycroft Partners and existing investors Village Ventures and Long River Ventures. The size of the round wasn’t disclosed, although a company … Continue reading “Extreme Reach Wins Funding”
Few Carbonite Customers Lost Data in Drive Failure, CEO Says
Saturday’s Boston Globe contained news of a lawsuit filed by Boston-based online backup company Carbonite against two companies that supplied allegedly defective disk drive arrays. Carbonite CEO David Friend confirmed today that that a suit has been filed, but he says he’s concerned that the Globe story—which has been widely re-reported in outlets such as … Continue reading “Few Carbonite Customers Lost Data in Drive Failure, CEO Says”
Boston Scientific: $50M Settlement over Stents
Back in February 2008, a Texas jury told Natick, MA-based Boston Scientific (NYSE: [[ticker:BSX]]) it would have to pay $431 million in damages to Dr. Bruce Saffran, who alleged that the company’s Taxus Express and Taxus Liberte drug-eluting stents infringed on patents he owns. Boston Scientific appealed the ruling, and a Federal Circuit panel reviewed … Continue reading “Boston Scientific: $50M Settlement over Stents”
Net Traffic Spikes–Something About That Funny Game with Nets
Internet news sites are experiencing their fourth biggest traffic day ever, as millions of people who should be working instead point their browsers to online video coverage of the “March Madness” NCAA basketball playoffs, judging by the Net Usage Index: News, a Web traffic monitoring service maintained by Cambridge, MA-based Akamai Technologies. The index indicated … Continue reading “Net Traffic Spikes–Something About That Funny Game with Nets”
Google Voice: It’s the End of the Phone As We Know It
[Update 12:00 pm 3/20/09: We were swamped with hundreds of e-mails in response to our offer of 100 free Google Voice beta accounts this morning. Thanks everyone! We’ll be in touch with the winners as soon as possible with details about their new accounts.] Brace for impact, again. Google is about to change the way … Continue reading “Google Voice: It’s the End of the Phone As We Know It”
MITX Expands Scope of Technology Awards to “Promising” Early-Stage Companies; Entries Due April 3
For the past five years, the Massachusetts Innovation & Technology Exchange (MITX) has held an awards ceremony to recognize the most innovative technology companies in New England. Past winners have included significant regional players with established technologies—companies like BladeLogic, BBN Technologies, Progress Software, McAfee, Turbine, and Skyhook Wireless. But this year MITX is expanding the … Continue reading “MITX Expands Scope of Technology Awards to “Promising” Early-Stage Companies; Entries Due April 3″
Cyberkinetics Loses Energy
According to a report today in the Boston Globe, Foxborough, MA-based Cyberkinetics Neurotechnology Systems (OTC:[[ticker:CYKN]]) is shutting down. In January, it sold the rights to its Andara Oscillating Field Stimulator technology, a device designed to regenerate nerve cells in patients with severe spinal injuries, to Waltham, MA-based NeuroMetrix for $350,000. The FDA hasn’t yet approved … Continue reading “Cyberkinetics Loses Energy”
First Flight Brings Terrafugia “A New Level of Credibility,” Says CEO Dietrich
After Terrafugia’s heavily attended press conference this morning announcing the maiden flight of the company’s drivable aircraft, the Transition, I buttonholed founder and CEO Carl Dietrich for a one-on-one interview. He said the flight, which took place on March 5, is probably “the biggest single milestone” that Terrafugia could have achieved—and that the company is … Continue reading “First Flight Brings Terrafugia “A New Level of Credibility,” Says CEO Dietrich”
Stylefeeder Partners with Elle Publisher
Stylefeeder, the Cambridge, MA-based personalized shopping engine that raised a $2 million Series A round in January 2008, has formed a partnership with Hachette Filipacchi Media (HFM) U.S., the publisher of Elle, Car & Driver, Woman’s Day, and a number of other fashion, automotive, health, and hobbyist magazines. Under the deal, announced today by HFM, … Continue reading “Stylefeeder Partners with Elle Publisher”
Hangout Hires Former Disney Exec
Hangout Industries, the Boston-based creator of the Web-based social virtual world Hangout.net, announced today that it has named Mike Goslin, former vice president of virtual world design and development for Disney Online, as its new vice president of product development. Goslin will be in charge of design, development and operations. “Mike is one of the … Continue reading “Hangout Hires Former Disney Exec”
Terrafugia Achieves Maiden Flight—Live Blogging from the Boston Museum of Science
[Update, 2:30 p.m., March 18, 2009: We’ve just published an extensive followup interview with Carl Dietrich, Terrafugia’s founder and CEO.] Ever since my first visit to Terrafugia’s Woburn, MA, warehouse last May to see the startup’s Transition “roadable aircraft,” I’ve been pestering CEO Carl Dietrich to clue us in about the craft’s first flight. He … Continue reading “Terrafugia Achieves Maiden Flight—Live Blogging from the Boston Museum of Science”
With Loudcrowd, Nabeel Hyatt Sees Mult-Billion-Dollar Opportunity in Music Gaming: “This Thing Is Ours to Screw Up”
I don’t care whether I’m good enough at Dance, one of the online games that’s part of the new music site Loudcrowd, to impress other users. What I want to know is whether I dance better than Massachusetts Governor Deval Patrick. As part of his January 30 tour of the Cambridge Innovation Center, the Govinnovator … Continue reading “With Loudcrowd, Nabeel Hyatt Sees Mult-Billion-Dollar Opportunity in Music Gaming: “This Thing Is Ours to Screw Up””
Verenium Struggles to Make Ends Meet
Verenium (NASDAQ: [[ticker:VRNM]]), a biofuels startup based in Cambridge, MA, and San Diego, warned in an annual 10-K income statement filed with the SEC yesterday that independent accountants hired by the firm have raised “substantial doubt about our ability to continue as a going concern.” Losses are piling up from the company’s research and development … Continue reading “Verenium Struggles to Make Ends Meet”
Shaking Off Defensive Image, Black Duck Aims to Accelerate Software Development with Open Source
When I first wrote about Black Duck Software about five years ago (pre-Xconomy), the company was pitching its open-source code tracking system as a protective measure. Many software companies wanted to incorporate open-source code into their products—why reinvent an e-commerce module for taking credit card numbers, for instance, if there’s already a perfectly good open-source … Continue reading “Shaking Off Defensive Image, Black Duck Aims to Accelerate Software Development with Open Source”
MobileCamp Boston 2
Spring is the season for “un-conferences” like MobileCamp Boston 2, where participants demo anything and everything they’re working on and learn from each other. Sessions may include: Mobile messaging: SMS and new alternatives Agile development for mobile apps Flash Lite Analytics for Mobile apps Building mobile commerce applications Mobile Widget development Community Wireless Mesh Networks … Continue reading “MobileCamp Boston 2”
Sugar 0.84 Released
In February we ran an extensive interview with Walter Bender, the founder of Newton, MA-based Sugar Labs, about the latest version of Sugar, the education-oriented operating environment originally designed for the One Laptop Per Child Foundation’s XO Laptop. Today Sugar Labs announced that the new “0.84” version of the free software, which includes a number … Continue reading “Sugar 0.84 Released”
Quattro Wireless Hits “Hockey Stick” Growth, Raises Additional $10 Million
Quattro Wireless of Waltham, MA, announced today that it has raised $10 million in new venture funding to help expand its mobile content and advertising network. Despite the withering economy, Quattro hit a “hockey stick” in customer acquisition and revenue growth in late 2008 and needs the money to invest in sales, marketing, and technology … Continue reading “Quattro Wireless Hits “Hockey Stick” Growth, Raises Additional $10 Million”
Boston-Power HP Battery For Sale
Back in December, Westborough, MA-based Boston-Power announced a major deal to manufacture new longer-lasting, eco-friendly laptop batteries for Hewlett-Packard. The new $150 battery, called the Enviro, is compatible with 17 notebook computers in the HP Pavilion, HP HDX, Compaq Presario and HP G lines, and goes on sale today at HP’s e-commerce site, hpshopping.com. Starting … Continue reading “Boston-Power HP Battery For Sale”
Weaving Words with Wordle: A Talk with IBM’s Jonathan Feinberg
Xconomy chose to set up shop in Kendall Square because we wanted to be at the epicenter of investment and innovation in the Boston area. But it was just luck that we ended up right across the street from IBM’s Cambridge research facility at 1 Rogers Street, which is home to both the Collaborative User … Continue reading “Weaving Words with Wordle: A Talk with IBM’s Jonathan Feinberg”
Good Data Raises Round, Leaves Cambridge
Good Data, a startup developing user-friendly, Web-based tools for analyzing business intelligence data, has raised an undisclosed amount of venture financing from Cambridge, MA-based Generaly Catalyst and Boston-area technology investor John Landry (an Xconomist), according to a March 12 report by Scott Kirsner. The company formerly had an office at the Cambridge Innovation Center, but … Continue reading “Good Data Raises Round, Leaves Cambridge”
Brigham Docs Share Medical Scans Remotely Using IBM Web Browser Technology
For hundreds of years, students and spectators could gather in operating theaters like the Ether Dome at Boston’s Massachusetts General Hospital to watch doctors perform surgery. Now IBM and researchers at another famous Boston hospital, Brigham and Women’s, have developed a tool that lets many physicians gather virutally to get a good look at a … Continue reading “Brigham Docs Share Medical Scans Remotely Using IBM Web Browser Technology”
Top 9 Tech Updates: Photosynth, Geocaching, Google Earth, and More
I’ve been writing World Wide Wade for almost a year now; this is the 44th installment. A year is a long time in the technology world—long enough for many of the gadgets, services, and websites I’ve covered in the past to evolve cool new features. So I thought I’d revisit a few of my previous … Continue reading “Top 9 Tech Updates: Photosynth, Geocaching, Google Earth, and More”
Carbonite Adds Features, Ups Price
Boston-based online storage provider Carbonite said yesterday it plans to increase the cost of its service from $49.95 per year to $54.95, effective March 16. But customers will get added features for the extra money—notably the ability to access the files they’ve back up from any compute via a Web browser. “Remote access is a … Continue reading “Carbonite Adds Features, Ups Price”
Invention Machine and the Case of the Failing Toilet Flapper
If you follow Xconomy you might remember a story I wrote a year ago called “Invention Machine and the Case of the Boxed-Up Box Spring.” That piece talked about Goldfire Innovator, the expert-system software for product engineers made by Boston-based Invention Machine, and how mattress manufacturer Leggett & Platt had used the system to solve … Continue reading “Invention Machine and the Case of the Failing Toilet Flapper”
New Group Aims to Bring More Women into Energy and Cleantech
The energy and environmental sectors, like all too many other parts of the business world, have a dearth of women in leadership positions. But a new networking group dedicated to changing that situation is launching officially tomorrow in Boston. Called New England Women in Energy & the Environment (NEWIEE), the group’s goals are to foster … Continue reading “New Group Aims to Bring More Women into Energy and Cleantech”
Bessemer, Spark Are In Like with OMGPOP
New York-based OMGPOP, an online gaming and social networking destination for teens and twentysomethings that was known until recently as “I’minlikewithyou,” has raised $5 million in Series B funding, according to a report at PaidContent.org. The round was led by Bessemer Venture Partners, which has an office in Wellesley Hills, MA, and was joined by … Continue reading “Bessemer, Spark Are In Like with OMGPOP”
Obama’s 50-State Ad Campaign, Animated Shopping Carts, Baby Pictures on Steroids, and More News from the Web Innovators Group
Soon there will be no point in writing up stories about the Web Innovators Group meetings organized by Venrock’s David Beisel. Last night’s gathering in Cambridge was so crowded that it seemed everybody who could conceivably be interested in reading about the event was actually there. But for the stragglers and those stuck at home … Continue reading “Obama’s 50-State Ad Campaign, Animated Shopping Carts, Baby Pictures on Steroids, and More News from the Web Innovators Group”
The Death of the Focus Group? At Invoke Solutions, Apple Vet Makes Market Research User-Friendly, for the Surveyors and the Surveyed
Focus groups are such a standard part of our market-driven culture that they’ve long since become the subject of parody. Decision-makers are seen as being afraid to act without consulting them; surely, no political party would pick a candidate, no legislator would introduce a big policy initiative, and no movie studio would green-light a big-budget … Continue reading “The Death of the Focus Group? At Invoke Solutions, Apple Vet Makes Market Research User-Friendly, for the Surveyors and the Surveyed”
Seahorse Buys BioProcessors, Raises $6M
Seahorse Bioscience, a North Billerica, MA-based maker of instruments for studying mitochondrial function in cells from people with various health problems, announced yesterday that it has acquired BioProcessors Corp., a Woburn, MA, company that makes automated cell-culture equipment for pharmaceutical research. Seahorse didn’t say how much it paid for BioProcessors, but it did reveal that … Continue reading “Seahorse Buys BioProcessors, Raises $6M”
Scientia, a Life Sciences Management Consulting Firm, Provides Answers, Not Questions
The old joke about management consultants is that they’ll look at your watch, tell you what time it is, and hand you a bill for $50,000. But if you’re a healthcare company and you hire Scientia Advisors, here’s what’s more likely to happen: they’ll look at your watch, notice that it’s running slow, take it … Continue reading “Scientia, a Life Sciences Management Consulting Firm, Provides Answers, Not Questions”
FAST Search Founders Hope to Repeat Success with Induct Software’s Innovation Management Portal
Henry Chesbrough, the UC Berkeley business professor who wrote the influential 2003 book Open Innovation, argued that companies need to do a better job of incubating, cataloguing, and licensing the knowledge and inventions they have in-house, and of bringing in intellectual property from outside, if that’s what’s needed to jump-start product development. But while many … Continue reading “FAST Search Founders Hope to Repeat Success with Induct Software’s Innovation Management Portal”
Veracode Assembling $10M Third Round
Burlington, MA-based Veracode, which tests corporate software for back doors and other security holes by analyzing its raw binary code, has collected half of a $10 million third financing round, according to a regulatory filing cited by PE Hub. The investors for the round include Atlas Venture, .406 Ventures, Macrovision, Polaris Venture Partners, and Symantec. … Continue reading “Veracode Assembling $10M Third Round”
Vitalize Vacuums Up R3
Reading, MA-based Vitalize Consulting Services, which manages IT implementation projects for big healthcare companies, announced today that it has acquired rival r3 Health Partners of Santa Ana, CA. Financial terms of the deal were not disclosed. Vitalize is backed by SV Life Sciences, Ferrer Freeman and Company, and Bank of America.
GlassHouse Nixes IPO
File this under “no surprise there”: GlassHouse Technologies, the Framingham, MA, IT consulting company that filed for a $100 million initial public offering in October 2007, has now pulled the offering, according to an SEC filing cited by Reuters. The firm cited “market conditions” in its decision. GlassHouse has continued to raise money and add … Continue reading “GlassHouse Nixes IPO”
Three New Reasons To Put Off Buying a Kindle
I titled my January 23 column “E-Book Readers on the iPhone: They’re Not Quite Kindle Slayers Yet.” How quickly technology marches ahead. In the weeks since then, three very compelling new options have arrived for people like me who want to read e-books but balk at the price tag on Amazon’s Kindle 2, the best … Continue reading “Three New Reasons To Put Off Buying a Kindle”
Wanted: A Few Good Mobile Demos
Here at Xconomy, we love our iPhones and Blackberries and Windows Mobile smartphones, and we love the local companies that create cool software and services for them. In fact, we love them so much we’re organizing an April 7 conference on “The Future of Mobile Innovation in New England“—and we’re looking for companies who want … Continue reading “Wanted: A Few Good Mobile Demos”
Spark, Grandbanks Up SendMe Stake
Spark Capital of Boston and Grandbanks Capital of Newton Center, MA, are among the investors in a $12 million Series D round announced today by SendMe Mobile, a San Francisco startup that sells ringtones, games, wallpaper, and other content to mobile phone users. Triangle Peak Partners led the round, which also involved True Ventures and … Continue reading “Spark, Grandbanks Up SendMe Stake”
Founded by Apple Vets, Apperian Gets Down to Business with the iPhone
The Apple iPhone is perhaps the most powerful mobile phone ever built, so it’s no surprise that big enterprises want to use it, both to make their mobile workforces more efficient and to help customers access their products and services in new ways. But Apple, for a variety of reasons, isn’t interested in catering directly … Continue reading “Founded by Apple Vets, Apperian Gets Down to Business with the iPhone”
Verivue Launches Media Delivery System, Scores $40 Million B Round
These days, there’s no sense in producing video for just one platform, like cable TV. Media companies also want to get their content out to consumers via the Web, mobile phones, game consoles, video-on-demand networks, and other platforms. The problem is that all of these channels use different video formats, protocols, and resolutions, which makes … Continue reading “Verivue Launches Media Delivery System, Scores $40 Million B Round”