Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a9a1905f-bde6-4335-90c7-0ff7c81580b9 Date 2/20/2015 Company Name Postmates Mailing Address 51 Federal Steet San Francisco, CA 94107 USA Company Description The company provides on-demand delivery services. Website http://www.postmates.com Transaction Type Venture Equity Transaction Amount $35,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor
Category: San Francisco
Lifecode Receives $20,500,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=46fa6973-4b0f-404b-9339-a1a718b604b4 Date 2/20/2015 Company Name Lifecode Mailing Address 348 Hatch Drive Foster City, CA 94404 USA Company Description Lifecode is a specialized CLIA and CAP certified clinical laboratory focused on the genetic basis of human disease. With an initial focus on oncology, we are committed to improving the lives of patients through … Continue reading “Lifecode Receives $20,500,000 Series A Round”
Fabric Obtains $1,500,000 Seed Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c25695ab-71ce-4d7c-97aa-b1323ee88008 Date 2/20/2015 Company Name Fabric Mailing Address 148 Townsend Street San Francisco, CA 94107 USA Company Description Fabric is your want-to list – an easy way to discover and plan all the things you love to do. With Fabric, you’re always connected with movies and shows you want to see, music … Continue reading “Fabric Obtains $1,500,000 Seed Financing Round”
Electric-Car Battery Maker A123 Sues Apple for Poaching Employees
A123 Systems, an electric-car battery maker, is suing Apple because it believes the computing giant “poached” A123’s employees to help develop a competing large-scale battery business. The complaint (see below) names five of A123’s former employees as defendants in the suit, which was filed Wednesday in Massachusetts federal court, for allegedly breaking noncompete and nonsolicit … Continue reading “Electric-Car Battery Maker A123 Sues Apple for Poaching Employees”
West Coast Biotech Roundup: Laguna, SeaGen, Unchained, DME & More
We’ve grouped our items according to topic this week. First come the financings, led by the relocated Laguna Pharma in San Diego. Then comes the clinical and regulatory news, which is topped by the long-awaited results of a government-sponsored trial to compare three different treatments—including two from Genentech—for diabetic macular edema, a type of vision … Continue reading “West Coast Biotech Roundup: Laguna, SeaGen, Unchained, DME & More”
Fears Percolate as Billion-Dollar Private Company Valuations Climb
There are 73 private companies in the world with valuations of more than $1 billion, up from 40 just one year ago, according to a report published by The Wall Street Journal yesterday. Some of those 40 companies are no longer on the list. Beats, valued in February 2014 at $1.1 billion, was sold to … Continue reading “Fears Percolate as Billion-Dollar Private Company Valuations Climb”
Renaissance Learning’s UClass Purchase Spells Golden Angels Windfall
Renaissance Learning today acquired UClass in a deal that expands the Wisconsin education software company’s capabilities and means a windfall for UClass’s Milwaukee-area investors. Wisconsin Rapids-based Renaissance provides K-12 assessment software and analytics tools to educators in 60 countries, including more than a third of U.S. schools, it says. Founded in 1986, it has grown … Continue reading “Renaissance Learning’s UClass Purchase Spells Golden Angels Windfall”
For Life Science Industry, Social Media Takes on New Significance
It seemed like a question out of left field at the time: “How many of you maintain and monitor Twitter, Instagram, Facebook, and Tumblr accounts?” The question was posed by Jeremy Levin, former president and CEO of Teva Pharmaceuticals (NYSE: [[ticker:TEVA]]), and just a few hands went up at the 2014 CED Life Science conference … Continue reading “For Life Science Industry, Social Media Takes on New Significance”
Glint Lands $15,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d96305f9-8cc7-4070-90ed-041647011381 Date 2/19/2015 Company Name Glint Mailing Address 808 Winslow Street Redwood City, CA 94063 USA Company Description Our mission at Glint is to help people thrive at work. It’s that simple. We’ve developed an innovative way to help organizations positively impact employee engagement. Website http://www.glintinc.com Transaction Type Venture Equity Transaction Amount … Continue reading “Glint Lands $15,500,000 New Financing”
SkyGiraffe Receives $3,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b1c13eba-ec8b-47c4-8aef-20d43199c273 Date 2/19/2015 Company Name SkyGiraffe Mailing Address 1010 Doyle Street Menlo Park, CA 94025 USA Company Description SkyGiraffe empowers enterprises to fully utilize and mobilize their data by providing valuable information to increase workforce productivity. We do this by providing the integrated tools to make it exceptionally easy to perform anywhere … Continue reading “SkyGiraffe Receives $3,000,000 Series A Funding Round”
Sindeo Obtains $1,500,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cec788e4-d18d-4e02-8f2a-3f7e1c23bcf9 Date 2/19/2015 Company Name Sindeo Mailing Address 1 Union Street San Francisco, CA 94111 USA Company Description With a baby on the way, Nick and his wife bought their first home in 2010. The process of applying for a mortgage was long and tedious, with a few expensive surprises along the … Continue reading “Sindeo Obtains $1,500,000 Series A Funding”
Springpath Obtains $34,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3fe49a57-b8f5-4b50-9597-5535ebe23022 Date 2/19/2015 Company Name Springpath Mailing Address 640 West California Ave. Sunnyvale, CA 94086 USA Company Description Founded in 2012, Springpath software-defined data platform is based on the unique Hardware Agnostic Log-structured Objects (HALO) architecture that provides data management and storage services using commodity servers. Website http://www.springpathinc.com Transaction Type Venture Equity … Continue reading “Springpath Obtains $34,000,000 New Financing Round”
TreeRing Lands $3,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7fa7cfa7-4215-4259-b159-61dc30cebb12 Date 2/19/2015 Company Name TreeRing Mailing Address 300 S Ellsworth Ave. San Mateo, CA 94401 USA Company Description TreeRing creates yearbooks for the Internet generation. The Silicon Valley, CA.-based technology company is providing a new approach to the two hundred plus year old yearbook industry. Website http://www.treering.com Transaction Type Venture Equity … Continue reading “TreeRing Lands $3,000,000 Series B Round”
Transcriptic Receives $8,500,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=59ed2a34-e4b6-42cc-8237-77343b2fc1c0 Date 2/19/2015 Company Name Transcriptic Mailing Address 3565 Haven Ave. Menlo Park, CA 94025 USA Company Description Transcriptic is a new kind of scientific outsourcing provider. By expressing life science methods as data, infrastructure virtualization will become possible. Science-as-a-Service will power the next generation of discovery, driven by huge efficiencies of … Continue reading “Transcriptic Receives $8,500,000 Series A Round”
Dance Biopharm Lands $9,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=912033e5-a96b-46e1-b0d1-979d5a9521f9 Date 2/19/2015 Company Name Dance Biopharm Mailing Address 150 North Hill Drive Brisbane, CA 94005 USA Company Description Dance Biopharm is focused on the development of inhaled insulin products to treat diabetes patients worldwide. The company began operations in 2010 led by Dr. John Patton, who has over 20 years of … Continue reading “Dance Biopharm Lands $9,500,000 New Financing”
6Sense Obtains $20,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a697dada-31e2-4745-b8f1-dffbaf5e453b Date 2/19/2015 Company Name 6Sense Mailing Address 47 Lusk St. San Francisco, CA 94107 USA Company Description 6Sense is a B2B predictive intelligence engine for sales and marketing. 6Sense takes a complete picture approach to the B2B buyer’s journey. 6Sense accelerates sales by finding buyers at every stage of the funnel. … Continue reading “6Sense Obtains $20,000,000 New Financing Round”
Uber Lands $1,000,000,000 Series E Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a32570d2-9c68-468a-9597-f67194a73823 Date 2/19/2015 Company Name Uber Mailing Address 1455 Market St. 4th Floor San Francisco, CA 94103 USA Company Description The company has created a mobile application that allows users to request car service to pick them up wherever they are located. Website http://www.uber.com Transaction Type Venture Equity Transaction Amount $1,000,000,000 Transaction … Continue reading “Uber Lands $1,000,000,000 Series E Financing”
Livefyre Obtains $47,000,000 Series D Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ffee32e6-9e63-4fe3-a1b6-2331cddb6b52 Date 2/19/2015 Company Name Livefyre Mailing Address 23 Geary Street San Francisco, CA 94108 USA Company Description Livefyre is a real-time engagement platform focused on building a community around the content of your website. It replaces your outdated comment section with a live stream of comments, images, videos, tweets, and Facebook … Continue reading “Livefyre Obtains $47,000,000 Series D Financing Round”
Credible Receives $1,500,000 Seed Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=acf3e182-4971-4f51-8a78-97c285195b4d Date 2/19/2015 Company Name Credible Mailing Address 576 Sacramento St. Level 4 San Francisco, CA 94111 USA Company Description Credible is the simple way for graduates to switch lenders and save on their student loans. We make the process of saving money by refinancing student loans simple and painless. We pride … Continue reading “Credible Receives $1,500,000 Seed Round”
Facebook Leasing Space for 2,000 Employees in Seattle
It won’t be the Guggenheim, but Facebook’s new Seattle offices will have room for up to 2,000 employees, working on virtually everything the social networking company does. And the interior spaces will be designed by Frank Gehry. Facebook confirmed reports by Bloomberg and others over the weekend that it is leasing 274,000 square feet of … Continue reading “Facebook Leasing Space for 2,000 Employees in Seattle”
EatStreet Eyes Exit Amid More Online Food-Ordering Consolidation
The market for food-ordering and delivery apps has advanced this month, as big companies gobble up smaller players to grab a piece of the pie or grow their share of it. The latest examples come from GrubHub (NYSE: [[ticker:GRUB]]) and Yelp (NYSE: [[ticker:YELP]]). GrubHub, already a leader in online food-ordering, announced on Feb. 5 it’s … Continue reading “EatStreet Eyes Exit Amid More Online Food-Ordering Consolidation”
Dating App Coffee Meets Bagel Snags $7.8M Series A For New Hires
Coffee Meets Bagel, a dating app that gives customers one potential match every 24 hours, has received $7.8 million of Series A funding to pay for new hires and to expand the locations it serves, the company said in a statement. Existing investor DCM Ventures led the round, and was joined by Quest Ventures and … Continue reading “Dating App Coffee Meets Bagel Snags $7.8M Series A For New Hires”
As California Drought Lingers, Tule’s Sensors Guide Crop Irrigation
Californians have been using their garden hoses sparingly to help conserve water during one of the state’s driest years in history. But what if you’re a farmer with acres of crops that need irrigation to grow, and you learn that the state may curtail water supplies for agriculture? Tom Shapland has been thinking about the … Continue reading “As California Drought Lingers, Tule’s Sensors Guide Crop Irrigation”
Biotech M&A by Slow Simmer: An Inside Look at the Build to Buy Deal
Here’s a question for consideration: What does it mean to acquire a virtual, single asset biotech that was ‘built’ for the sole purpose of being bought? The answer is much more complex than you might think. In this post I’ll explain by peeking under the hood at The Medicines Co.’s recent acquisition of Annovation Biopharma, … Continue reading “Biotech M&A by Slow Simmer: An Inside Look at the Build to Buy Deal”
Axcient Lands $25,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f7e48a81-21a7-414e-96cf-28c16078f1fd Date 2/18/2015 Company Name Axcient Mailing Address 1161 San Antonio Rd. Mountain View, CA 94043 USA Company Description Axcient offers the first plug-and-play data protection service to make business continuity and online backup simple for small and medium sized businesses (SMB). Axcient incorporates an onsite data backup and replication management appliance … Continue reading “Axcient Lands $25,000,000 New Financing”
NoRedInk Secures $6,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=31c9d83e-fb93-4501-bf16-cbd6bb3c9a32 Date 2/18/2015 Company Name NoRedInk Mailing Address 880 Harrison Street San Francisco, CA 94107 USA Company Description NoRedInk.com is a web-based learning platform that helps students improve their grammar and writing skills. Website http://www.noredink.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not … Continue reading “NoRedInk Secures $6,000,000 Series A Financing Round”
BlueTalon Garners $5,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=56ac61b3-c901-4d55-bc94-d307a3f9b92d Date 2/18/2015 Company Name BlueTalon Mailing Address 541 Jefferson Ave. Redwood City, CA 94063 USA Company Description BlueTalon enables Single-Click Data Collaboration across enterprise boundaries, while protecting data privacy and security. Website http://www.bluetalon.com Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “BlueTalon Garners $5,000,000 New Funding”
Apptimize Garners $4,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=753f2507-5e21-4cb2-89ca-e4d37ea50b58 Date 2/18/2015 Company Name Apptimize Mailing Address 1959 Landings Dr. Mountain View, CA 94043 USA Company Description Apptimize is a powerful technology that allows you to push new ideas to a fraction of your users and quickly identify the optimal user experience. Our easy to use, native solution gives you the … Continue reading “Apptimize Garners $4,000,000 Series A Financing Round”
Gilt Groupe Grabs $50M More, No IPO Yet
Gilt Groupe has raised just under $50 million in new capital led by General Atlantic to “accelerate marketing” and for international expansion, according to company spokeswoman Jennifer Miller. The money brings Gilt’s total amount raised to north of $250 million. One other new “strategic partner” and other existing shareholders also contributed to the new funding round, … Continue reading “Gilt Groupe Grabs $50M More, No IPO Yet”
Ready, Aim, CRISPR: Will Gene-Editing Tools Hit Their Targets?
Gene therapy is finally upon us. After more than two decades of work, one product is approved in Europe. Others are steadily advancing through clinical trials, and gene therapy companies are doing big deals and raising big sums of cash. Now here comes a more precise version of gene therapy—gene editing. Instead of trying to … Continue reading “Ready, Aim, CRISPR: Will Gene-Editing Tools Hit Their Targets?”
Bet the Jockey…and the Horse…and the Track
Earlier this month we announced a new investment in Iora Health, a fascinating company run by an extraordinary entrepreneur transforming an enormous sector of the healthcare economy: primary care. Rushika Fernandopulle (CEO and co-founder) is fundamentally re-architecting how many of us will buy and consume primary care—and in so doing, he has created a passionate, … Continue reading “Bet the Jockey…and the Horse…and the Track”
Unchained Labs Receives $25,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=53673e03-d66a-41f1-8d4d-0932efe04279 Date 2/16/2015 Company Name Unchained Labs Mailing Address 6940 Koll Center Parkway Pleasanton, CA 94566 USA Company Description We’re building the next cool life sciences tools company. One that matters. One without old-school rules. One with products that’ll make a real difference in the research scientists do every day. Our Optim … Continue reading “Unchained Labs Receives $25,000,000 Series A Financing”
Invuity Garners $20,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ecd7e24e-1a12-4532-9fed-22c5908bb7a2 Date 2/16/2015 Company Name Invuity Mailing Address 444 De Haro Street San Francisco, CA 94107 USA Company Description Invuity was founded in 2004 by an orthopedic surgeon and an optical engineer with the goal of improving visualization in less invasive surgery. Located in San Francisco, Invuity has assembled an organization of … Continue reading “Invuity Garners $20,000,000 New Financing Round”
Blume Distillation Obtains $1,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=50777c66-8c02-416c-b8e2-8bf3c742e920 Date 2/16/2015 Company Name Blume Distillation Mailing Address Undisclosed Santa Cruz, CA 95060 USA Company Description Blume Distillation LLC is a biofuel technology company providing next generation alcohol fuel production equipment that converts waste or surplus materials into cost-effective alcohol fuel (bio-ethanol) to power applications such as transportation, cooking, refrigeration, and … Continue reading “Blume Distillation Obtains $1,000,000 Series B Financing Round”
Kiwi Crate Garners $1,862,659 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=338ff322-1891-4869-a679-bb05a08d9754 Date 2/16/2015 Company Name Kiwi Crate Mailing Address 244 Merritt Road Los Altos, CA 94022 USA Company Description Kiwi Crate was built out of a passion for hands-on fun that encourages creativity and curiosity in children. I had a deep appreciation for these projects, but often found that my greatest intentions … Continue reading “Kiwi Crate Garners $1,862,659 New Funding”
Gummicube Obtains $830,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e646ef68-f00d-443f-9980-d58bd5ce5149 Date 2/16/2015 Company Name Gummicube Mailing Address 405 N. 1st Street San Jose, CA 95112 USA Company Description Gummicube is a leader in providing App Store Optimization and App Store Intelligence software and services to growth marketers and app developers. Gummicube provides a complete App Store Optimization solution, including App Store … Continue reading “Gummicube Obtains $830,000 Seed Funding Round”
Innovation Hub: The Data Behind Online Dating
Online dating is big business. As of last year, it’s worth over 2 billion dollars, having grown at a steady 3.5 percent rate since 2008. And that big business has transformed the way we find love. If you’re getting married this year, there’s a one in three chance that you’ve met your spouse online. That’s … Continue reading “Innovation Hub: The Data Behind Online Dating”
Any Given Cell: Can Biotech Pioneer Steve Fodor Do it Again?
[Corrected 2/13/15, 4:45 pm. See below.] Someday, we might have instruments that peer inside a human to record what each cell in the body is doing. That sounds like science fiction, but it’s no more outlandish than the notion, fifty years ago, that one day we would be able to analyze a tissue sample and … Continue reading “Any Given Cell: Can Biotech Pioneer Steve Fodor Do it Again?”
Disqus: Testing the Targeted Ad Market for Web Comments
Free e-mail accounts, conference calls, search engines, social media networks—companies offer these Web tools to us at no charge so they can build up a critical mass of users. Once that’s done, they try to figure out how to make their services pay. The trick is to do that without driving users away. Like many … Continue reading “Disqus: Testing the Targeted Ad Market for Web Comments”
CloudVelox Garners $15,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d29e146e-a914-4dec-873d-2fd2413cdfad Date 2/13/2015 Company Name CloudVelox Mailing Address 3945 Freedom Circle Santa Clara, CA 95054 USA Company Description CloudVelox automates the time-consuming and risk-laden critical processes required to deploy existing applications from traditional data centers into and between public clouds. Website http://www.cloudvelox.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round Series … Continue reading “CloudVelox Garners $15,000,000 Series C Financing”
EagerPanda Garners $166,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=36631adf-f46b-40a2-894d-93f14cbd81c7 Date 2/13/2015 Company Name EagerPanda Mailing Address 991 La Mesa Drive Portola Valley, CA 94028 USA Company Description EagerPanda aims to be the world’s most powerful real-time knowledge sharing interface. It is best understood through its use cases. For our Beta, we have signed up Institutes such as Digital Photo Academy … Continue reading “EagerPanda Garners $166,000 New Funding”
Heartflow Receives $35,881,539 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d0e5651f-fac0-48e1-8188-9b8316fad357 Date 2/13/2015 Company Name Heartflow Mailing Address 1700 Seaport Blvd. Redwood City, CA 94063 USA Company Description HeartFlow’s FFRCT analysis uses the power of high-performance computing and image data from computed tomography (CT) scans to provide physicians with data about blood flow within the coronary arteries. Our technology enables the computation … Continue reading “Heartflow Receives $35,881,539 New Funding Round”
Relievant Medsystems Lands $3,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=164734ac-8ec0-4800-801b-9f0527c5b32d Date 2/13/2015 Company Name Relievant Medsystems Mailing Address 2688 Middlefield Road Redwood City, CA 94063 USA Company Description Relievant MedSystems is a medical device company developing novel products to treat lower back pain using a minimally invasive therapeutic approach. The company was founded in 2004 and is headquartered in San Francisco, … Continue reading “Relievant Medsystems Lands $3,000,000 New Funding”
Enmetric Systems Receives $1,582,684 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2a5c0f0b-413d-4e02-85f6-e03982c3d074 Date 2/13/2015 Company Name Enmetric Systems Mailing Address 617 Mountain View Avenue Belmont, CA 94002 USA Company Description Enmetric can help you to use electricity more efficiently in buildings, both at work and at home. Website http://www.enmetric.com Transaction Type Venture Equity Transaction Amount $1,582,684 Transaction Round Series A Proceeds Purposes Proceeds … Continue reading “Enmetric Systems Receives $1,582,684 Series A Round”
Unchained Labs Grabs $25M and New Device to Test Stability of Proteins
Unchained Labs can now say it has financial stability after raising $25 million in Series A funding from venture capital investors Novo Ventures, Canaan Partners, and TPG Biotech. What it still must prove is that its newly acquired first product, Optim, can provide its customers with stability, too. After securing the financing, Pleasanton, CA-based Unchained … Continue reading “Unchained Labs Grabs $25M and New Device to Test Stability of Proteins”
Napa Summit 2015
Napa Summit 2015 marks the fourth convening of an intimate and interdisciplinary gathering where far-seeing technologists and exemplary business leaders and investors come together to explore what’s over the horizon. Together we’ll discuss insights, challenges, and proposed solutions to big issues spanning the economy, STEM education, aging, energy, personalized medicine, cybersecurity, robotics, food technology, online … Continue reading “Napa Summit 2015”
West Coast Biotech Roundup: Dendreon, Invitae, Juno, Regulus & More
Seattle might be second in professional handegg, but it comes first in this week’s West Coast roundup. The big news is that former high flyer Dendreon is all but sold, with the ever-acquisitive Quebeckers at Valeant on the buying end. Moving down the coast to the Bay Area, we’ve got Invitae pulling off the year’s … Continue reading “West Coast Biotech Roundup: Dendreon, Invitae, Juno, Regulus & More”
Big Data Startup Automated Insights Acquired by Vista Equity
Automated Insights, a startup whose software turns “big data” into plain English, has been acquired by private equity firm Vista Equity Partners. The deal will bring the Durham, NC, company under STATS, a Chicago sports-data company that Vista acquired last year. No financial terms were disclosed for the Automated Insights deal. The company had raised … Continue reading “Big Data Startup Automated Insights Acquired by Vista Equity”
Wanderu, With New iOS App, Pays Richard Branson a Visit
You wouldn’t be surprised to hear that the folks at online-travel startup Wanderu managed to avoid the Northeast’s most recent snowstorm. The company pegs itself as “Kayak for buses,” but its own travel last weekend involved flying. To Richard Branson’s private island, to be exact. Boston-based Wanderu is one of three companies that won an … Continue reading “Wanderu, With New iOS App, Pays Richard Branson a Visit”
Aiming for One-Stop Diagnostic Tests, Invitae Raises $102M in IPO
Invitae, a diagnostics company in San Francisco, has scored the first big biotech IPO of the year. The firm priced 6.35 million shares of its stock at $16 per share to raise nearly $102 million. The firm is led by CEO Randy Scott (pictured), the former CEO of another Bay Area diagnostics firm, Genomic Health. … Continue reading “Aiming for One-Stop Diagnostic Tests, Invitae Raises $102M in IPO”