[Updated 2:20 pm PT] Pacific Biosciences (NASDAQ: [[ticker:PACB]]), the Menlo Park, CA-based maker of a super-fast, super-cheap DNA sequencing instrument for medical, agricultural, and biofuels researchers, disclosed today that it’s laying off 130 employees, or 28 percent of its total workforce. The announcement came today in an 8-K report to the Securities and Exchange Commission. … Continue reading “PacBio Slashes 28 Percent of Its Workforce to Conserve Cash”
Category: San Francisco
Fotopedia Photo Stories Arrive on Flipboard, As Photo Curation Goes Mainstream
The mobile Web is fostering a remarkable renaissance in traditional art forms such as photography—surprisingly, right alongside the explosion of videos, games, gossip, tweets, and other distractions. And if there’s one organization that has figured out how to use the Web and the latest mobile gadgets to showcase great images, it’s Paris- and San Francisco-based … Continue reading “Fotopedia Photo Stories Arrive on Flipboard, As Photo Curation Goes Mainstream”
Plunging Valuations and Surplus of Groupon Clones Sets Off Frenzy of M&A Activity
Buyouts and mergers of Web companies that offer online “daily deals” have accelerated sharply over the past five months, driven by a rapid decline in valuations and a surplus of Groupon clones, according to a report issued today by CB Insights, a New York data services firm. CB Insights counted 22 global mergers and acquisitions … Continue reading “Plunging Valuations and Surplus of Groupon Clones Sets Off Frenzy of M&A Activity”
Simpirica Spine Lands $22,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5cf998a1-afdc-489e-b191-34b716b6970e&Preview=1 Date 9/20/2011 Company Name Simpirica Spine Mailing Address 1680 Bayport Avenue San Carlos, CA 94070 Company Description Simpirica Spine, Inc. was founded in 2006 to develop minimally invasive, flexion-restricting stabilization devices for the spine. Tcompany’s lead product, the LimiFlex Spinal Stabilization System, is CE marked and is typically used in conjunction … Continue reading “Simpirica Spine Lands $22,000,000 Series C Financing Round”
Practice Fusion Receives $6,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=787a574c-4513-42bb-aa52-6d4cc11de167&Preview=1 Date 9/20/2011 Company Name Practice Fusion Mailing Address 501 Folsom Street First Floor San Francisco, CA 94105 Company Description Practice Fusion addresses the critical needs of today’s healthcare environments by providing a revolutionary application and delivery model for physicians and patients at no cost. Website http://www.practicefusion.com Transaction Type Venture Equity Transaction … Continue reading “Practice Fusion Receives $6,000,000 New Financing Round”
Sensys Networks Obtains $8,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7b1f3e9d-8ab3-49da-aaa9-fd7c319e7ff0&Preview=1 Date 9/20/2011 Company Name Sensys Networks Mailing Address 2560 Ninth Street Berkeley, CA 94710 Company Description A leader in ultra low-power wireless sensor networking, Sensys Networks has developed the VDS240 family of vehicle detection products. Wireless sensor networking is a breakthrough technology that combines sophisticated networking software with highly integrated radio … Continue reading “Sensys Networks Obtains $8,500,000 New Financing Round”
Magisto Lands $5,500,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2f9d85c7-80b4-4ebe-9521-f9b15a73b463&Preview=1 Date 9/20/2011 Company Name Magisto Mailing Address Undisclosed San Francisco, CA 94108 Company Description Magisto uses revolutionary new technology that understands every aspect of video footage. More than just facial recognition, Magisto knows the difference between people, pets and landscapes and can even infer the “intent” of the filmmaker by analyzing … Continue reading “Magisto Lands $5,500,000 Series B Funding Round”
MIXAROO Receives $3,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dde53232-d945-4ad2-b9f8-7b813eb90ff9&Preview=1 Date 9/20/2011 Company Name MIXAROO Mailing Address 501 Forest Avenue Palo Alto, CA 94301 Company Description Mixaroo, Inc. did not disclose revenue figures according to the SEC Filing detailing the transaction. Website http://www.boxfish.com Transaction Type Venture Equity Transaction Amount $3,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “MIXAROO Receives $3,000,000 Series A Funding Round”
Angels, Magoosh, Pier 38: The 1-Minute Version of Last Week’s Bay Area BizTech News
Amidst the usual rush of funding and M&A news last week, there was one interesting story about a controversy that could reshape the startup landscape in San Francisco (and no, I’m not talking about CrunchFund): —Entrepreneurs based at the Pier 38 tech hub in San Francisco began looking for ways to challenge the Port of … Continue reading “Angels, Magoosh, Pier 38: The 1-Minute Version of Last Week’s Bay Area BizTech News”
Monday Deals Roundup: One Kings Lane, eASIC, DailyDeal.de
It’s been a relatively slow news day so far, at least as far as funding and M&A news in the Bay Area tech world. —One Kings Lane, the San Francisco-based flash sales site for home goods, said it has raised $40 million in Series C financing. Tiger Global Management led the round, which was joined … Continue reading “Monday Deals Roundup: One Kings Lane, eASIC, DailyDeal.de”
Stirring the Pot Once in a While Doesn’t Hurt, and It Could Help Biotech Break its Malaise
Listen to enough biotech industry leaders talk in public, and you’ll hear a lot of carefully scripted comments. Everyone can list off their corporate milestones on a PowerPoint slide, and utter some politically correct platitudes about novel technology, helping patients, having a “good working relationship” with the FDA, constructive partnership talks. Blah, blah, blah. Rarely … Continue reading “Stirring the Pot Once in a While Doesn’t Hurt, and It Could Help Biotech Break its Malaise”
One Kings Lane Garners $40,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=963c221a-362a-4378-961b-93e7899c32b1&Preview=1 Date 9/19/2011 Company Name One Kings Lane Mailing Address Undisclosed San Francisco, CA 94105 Company Description The company operates a website that provides flash sales information for the home decor, furnishings and accessories market. Website http://www.onekingslane.com Transaction Type Venture Equity Transaction Amount $40,000,000 Transaction Round Series C Proceeds Purposes The funding, … Continue reading “One Kings Lane Garners $40,000,000 Series C Funding Round”
ArcSoft Receives $20,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a83e1364-7122-435a-ae4a-acfea2e26eff&Preview=1 Date 9/19/2011 Company Name ArcSoft Mailing Address 46601 Fremont Boulevard Fremont, CA 94538 Company Description ArcSoft, Inc. is an industry-leading software developer of multimedia imaging technologies and applications, offering fully integrated solutions to provide a complete user experience that spans across smart phones, feature phones, tablets, PCs, smart TVs, and cameras. … Continue reading “ArcSoft Receives $20,000,000 New Funding Round”
Vivido Labs Lands $3,000,398 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=47401119-6328-4fc6-a615-207cca7a97f3&Preview=1 Date 9/17/2011 Company Name Vivido Labs Mailing Address 3350 Scott Blvd Building 2 Santa Clara, CA 95054 Company Description With the Vivido Sales On Demand application you can link or upload all your product, marketing and sales collateral in our cloud application. Using our application you can organize and structure your … Continue reading “Vivido Labs Lands $3,000,398 New Financing Round”
Telesocial Receives $299,996 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=363b957c-1cf4-47ff-8379-493c3fc6706f&Preview=1 Date 9/17/2011 Company Name Telesocial Mailing Address 39 Mesa Street San Francisco, CA 94129 Company Description Extend your Voice Network to the Social Web. Be the Social Dial Tone. Website http://www.telesocial.com Transaction Type Venture Equity Transaction Amount $299,996 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. … Continue reading “Telesocial Receives $299,996 New Funding”
Longboard Media Secures $6,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6e384161-0a83-4f93-89c2-a7781ec91efa&Preview=1 Date 9/17/2011 Company Name Longboard Media Mailing Address 475 Sansome Street San Francisco, CA 94111 Company Description Longboard Media connects brands with consumers actively in-market. Longboard Media is a trusted partner of premium shopping publishers and advertisers, providing targeted, relevant advertising solutions that enhance the shopping experience and turn shoppers into … Continue reading “Longboard Media Secures $6,000,000 Series A Funding Round”
Mayor Lee to Visit SF’s Pier 38 Today; Here’s the Full Safety Inspection Report
San Francisco Mayor Ed Lee is expected to visit Pier 38 today at noon to meet with tenants at the bustling but endangered tech hub. Immediately after the mayor’s tour, tenants and city officials will proceed to the Port’s offices on Pier 1 to discuss the impending shutdown of the pier. The city’s Office of … Continue reading “Mayor Lee to Visit SF’s Pier 38 Today; Here’s the Full Safety Inspection Report”
A Day in the Life of the San Francisco Tech Community
My job is pretty cool. I get to spend time picking the brains of some of the planet’s smartest and most successful entrepreneurs—and invariably, I’m asking them to talk about the one thing they care about most passionately, their startup and/or its technology. Even if I weren’t doing something I care about passionately myself—helping to … Continue reading “A Day in the Life of the San Francisco Tech Community”
Entrepreneur Walk of Fame Opens in Kendall Square: Gates, Jobs, Kapor, Hewlett, Packard, Swanson, and Edison are Inaugural Inductees
It was a little over a year ago that Xconomy broke the news that a movement was underway to bring an Entrepreneur Walk of Fame to Kendall Square in Cambridge, MA, modeled after its Hollywood namesake. The idea makes a lot of sense: If we celebrate movie stars and athletes, why not the top innovators … Continue reading “Entrepreneur Walk of Fame Opens in Kendall Square: Gates, Jobs, Kapor, Hewlett, Packard, Swanson, and Edison are Inaugural Inductees”
gShift Labs Garners $1,100,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e4e58b81-a9fe-454f-b2ba-60adfc6b86e4&Preview=1 Date 9/16/2011 Company Name gShift Labs Mailing Address 181 Fremont Street San Francisco, CA 94105 Company Description SEO Software that helps you optimize an entire web presence and deliver on your Organic Search Strategy through recommendations & reporting. Website http://www.gshiftlabs.com Transaction Type Venture Equity Transaction Amount $1,100,000 Transaction Round Series A … Continue reading “gShift Labs Garners $1,100,000 Series A Funding”
SaveUp Garners $2,000,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3daa1229-c0f6-45c0-88f6-9850fc03aad8&Preview=1 Date 9/16/2011 Company Name SaveUp Mailing Address 480 2nd St Stillman St San Francisco, CA 94107 Company Description Welcome to SaveUp! Now more than ever, Americans are making good moves on their finances, focusing on building savings and reducing debt and spending. We want to help. SaveUp rewards you for your … Continue reading “SaveUp Garners $2,000,000 Seed Financing”
Seattle, Meet Shopobot: Amid Amazon Sales Tax Fight, Comparison-Shopping Startup Flees San Francisco
Seattle has already birthed a couple of early stage companies trying to help shoppers track the price swings and model rollouts of expensive electronic gadgets. Well, add another one to the mix—thanks in part to the national battle between Amazon.com and big-box retailers over collecting taxes for online sales. I’m talking about Shopobot, which just … Continue reading “Seattle, Meet Shopobot: Amid Amazon Sales Tax Fight, Comparison-Shopping Startup Flees San Francisco”
Merck Joins the Big Pharma VC Party, Setting Up $250M Biotech Investment Fund
[Updated with Merck comment 1:25 pm ET, 9/16] Just about all the major pharmaceutical companies have their own venture capital funds to invest in biotech startups, and now one of the real biggies, Whitehouse Station, NJ-based Merck, has joined the club. Merck (NYSE: [[ticker:MRK]]) has established the new Merck Research Venture Fund (MRVF) with $250 … Continue reading “Merck Joins the Big Pharma VC Party, Setting Up $250M Biotech Investment Fund”
Silicon Valley’s Pay-It-Forward Culture
Foreign visitors to Silicon Valley continually mention how willing we are to help, network and connect strangers. We take it so for granted we never even to bother to talk about it. It’s the “Pay-It-Forward” culture. The Chips are Down in 1962 Walker’s Wagon Wheel Bar/Restaurant in Mountain View became the lunch hangout for employees … Continue reading “Silicon Valley’s Pay-It-Forward Culture”
Venture Alpha
From the event announcement: A day of candid discussion of successful fundraising and execution strategies in the venture business, Venture Alpha is the must-attend event for anyone looking to raise a VC fund this fall. The conference already boasts an extensive list of speakers, and the editors of Venture Capital Journal have just added a … Continue reading “Venture Alpha”
StoryWorld Conference & Expo
From the conference website: “Develop your intellectual property’s infinite potential for growth and profit. Transmedia entertainment—the art and business of creating a rich, cohesive story world that reaches audiences through film, book, game, social media, and more—is the most exciting and potentially lucrative development in entertainment today.” Keynote speaker: Jordan Weisman, creator of Cathy’s Book, … Continue reading “StoryWorld Conference & Expo”
J&J Honors Genentech Scientist, Holds Meeting on Future of Anti-Angiogenesis Drugs
It’s not every day that you see one Big Pharma company handing an award to another, but that’s just what happened yesterday at the New York Academy of Sciences. New Brunswick, NJ-based Johnson & Johnson (NYSE: [[ticker:JNJ]]) gave its Dr. Paul Janssen Award for Biomedical Research to Napoleone Ferrara, the Genentech scientist whose discoveries contributed to … Continue reading “J&J Honors Genentech Scientist, Holds Meeting on Future of Anti-Angiogenesis Drugs”
Thursday Deals Roundup: InMobi, Chegg, GCT, Alphabet Energy, RRKidz & More
It’s a busy day for venture-funding and IPO announcements. To wit: —San Mateo, CA-based InMobi, which runs the largest independent mobile ad network, said today that it has arranged a whopping $200 million investment from Softbank, in two tranches of $100 million each arriving this month and in April 2012. “With a global leader like … Continue reading “Thursday Deals Roundup: InMobi, Chegg, GCT, Alphabet Energy, RRKidz & More”
Xconomist of the Week: Reed Sturtevant of Lotus, Idealab, and Microsoft Fame Talks Tech Trends to Watch
You know the type. He’s at every tech startup event, every investor event, and every incubator and early-stage mentorship session (at least every good one). He’s talked to every entrepreneur in the area and has had a hand in the development of many of their companies. He has been a fixture of the local software … Continue reading “Xconomist of the Week: Reed Sturtevant of Lotus, Idealab, and Microsoft Fame Talks Tech Trends to Watch”
Ion Torrent’s Fast and Cheap DNA Sequencer Catches On, Even as Biologists Tighten Belts
Ask Jonathan Rothberg a few questions about his new venture in DNA sequencing, and, ever the showman, he find references to a pivotal event in world history while delivering what amounts to a “no comment.” The questions were basic enough: How many employees do you have in San Francisco and Guilford, CT? How much has … Continue reading “Ion Torrent’s Fast and Cheap DNA Sequencer Catches On, Even as Biologists Tighten Belts”
IPOs Look Dicey, But Private Equity May Pick Up Some Of The Slack
For a while, I was optimistic that 2011 would be a good year for venture capital-backed IPOs, and it wasn’t just wishful thinking. There were 72 VC-backed IPOs last year—six times as many as in 2009. The year ended with a bang and 2011 got off to a good start. In the first half of … Continue reading “IPOs Look Dicey, But Private Equity May Pick Up Some Of The Slack”
Niveus Medical Obtains $2,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7239b228-549e-4498-b43f-2f708ab63544&Preview=1 Date 9/15/2011 Company Name Niveus Medical Mailing Address 252 Everett Ave Palo Alto, CA 94301 Company Description The company provides tools for patient interventions. Website Undisclosed Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Band of Angels … Continue reading “Niveus Medical Obtains $2,000,000 Series A Funding”
InMobi Lands $200,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e46f5114-9045-4de2-b662-9d2de3553d7b&Preview=1 Date 9/15/2011 Company Name InMobi Mailing Address 1200 Park Pl. San Mateo, CA 94403 Company Description InMobi, one of the fastest growing global mobile advertising network, delivers the best results to its partners through its intelligent mobile advertising solutions. The advanced technology enables advertisers to discover their target audience on mobile … Continue reading “InMobi Lands $200,000,000 New Funding Round”
Alphabet Energy Secures $12,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5cc96e67-847c-4b2f-bbca-a9ea6adccdbc&Preview=1 Date 9/15/2011 Company Name Alphabet Energy Mailing Address 239 8th St. Suite 12 San Francisco, CA 94103 Company Description Alphabet Energy, Inc. is commercializing a breakthrough, inexpensive waste heat recovery technology developed at the Lawrence Berkeley National Laboratory in Berkeley, California. With it, we will be able to tap into the … Continue reading “Alphabet Energy Secures $12,000,000 Series A Financing”
Red Robot Labs Obtains $8,500,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b02d9a79-e640-4428-a147-e14eff64ed53&Preview=1 Date 9/15/2011 Company Name Red Robot Labs Mailing Address 2251 Yale St Palo Alto, CA 94306 Company Description Red Robot Labs is a mobile gaming start-up located in Palo Alto, California. The company was founded in January 2011 by a team of industry veterans who are passionate about creating innovative, highly … Continue reading “Red Robot Labs Obtains $8,500,000 Series A Round”
Rewardli Lands $500,000 Seed Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=503b709a-408f-4ccc-909b-e1c006841ba4&Preview=1 Date 9/15/2011 Company Name Rewardli Mailing Address 444 Castro Street 12th Floor Mountain View, CA 94041 Company Description Rewardli lets self-employed and small business owners leverage their social graph to get cash back on their business purchases. Website http://www.rewardli.com Transaction Type Venture Equity Transaction Amount $500,000 Transaction Round Seed Proceeds Purposes … Continue reading “Rewardli Lands $500,000 Seed Financing Round”
Chegg Acquires Zinch for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a4bdb975-d8ef-4663-aaea-4f3dcb6e2263&Preview=1 Date 9/15/2011 Company Name Zinch Mailing Address 600 Townsend Street East 4th Floor San Francisco, CA 94103 Company Description The company operates an online network for students. Website http://www.zinch.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed by the … Continue reading “Chegg Acquires Zinch for Undisclosed Sum”
New Angel Alliance Aims to Keep Startups Out of Venture Capital’s Clutches Longer
[Updated 5:15 pm PT with fresh quotes from Richard Sudek, see below] Regional angel investing groups in Southern California, Northern California, and New York say they’re banding together in an effort to lengthen the financial runway for early-stage startups before their founders are forced to turn to venture capital firms. Tech Coast Angels, based in … Continue reading “New Angel Alliance Aims to Keep Startups Out of Venture Capital’s Clutches Longer”
Pier 38 Drama Isn’t Over Yet
[Updated 3:20 pm PT with comments from Jason Wong, see page 2] Entrepreneurs trying to prevent the eviction of more than 20 tech startups at San Francisco’s Pier 38 haven’t yet won a reprieve, but they’ve won a meeting with Mayor Ed Lee. Jason Wong, CEO of San Francisco-based software consultancy i5Labs and leader of … Continue reading “Pier 38 Drama Isn’t Over Yet”
California Dreamin’: TalkTo, Tasted Menu, Bluefin Robotics, and Burst Media Make Bicoastal Noise
[Updated 9/20/11. See below] The Silicon Valley vs. Boston tech scene discussion is a tired one, I know. But today we’ve seen a number of Boston-area companies make a splash with some significance to the San Francisco Bay Area. Here we go with the highlights: —Burst Media, the Burlington, MA-based online ad distributor now owned … Continue reading “California Dreamin’: TalkTo, Tasted Menu, Bluefin Robotics, and Burst Media Make Bicoastal Noise”
Wednesday Deals Roundup: Red Robot, Zetta, Apsalar, Xignite
Today: a dollop of new funding deals, and a dash of older news we didn’t have time to tell you about on Monday and Tuesday. —Red Robot Labs, the Palo Alto, CA-based maker of the mobile massively multiplayer online game Life Is Crime, has closed an $8.5 million Series A funding round with support from … Continue reading “Wednesday Deals Roundup: Red Robot, Zetta, Apsalar, Xignite”
Computing in the Age of the $1,000 Genome. Our Next Big Event in SF Oct. 24
The $1,000 genome is coming fast, whether society is ready for it or not. This field has moved so fast, reasonable people have estimated we will have sequenced millions of genomes within a few years. It’s even conceivable that individuals will get sequenced more than once in a lifetime, to track how their health is … Continue reading “Computing in the Age of the $1,000 Genome. Our Next Big Event in SF Oct. 24”
10 Surprises of a First-Time Entrepreneur
As a young entrepreneur, I cannot overstate the importance of serendipity. I don’t know whether I’ll ultimately be successful or not, but the success I’ve had so far has been 10 percent inspiration, 90 percent perspiration, and 50 percent surprises. And if you’re saying that this adds up to 150 percent—you’re catching on to my … Continue reading “10 Surprises of a First-Time Entrepreneur”
Startup Exits: Early Stage M&A
From the event listing: Join successful entrepreneurs and startup acquisition professionals for a special evening event in San Francisco on the topic of “Startup Exits.” Hear stories from entrepreneurs who’ve sold their companies– how they did it, what they learned, and what they would do differently next time. Meet M&A teams from some of the most active … Continue reading “Startup Exits: Early Stage M&A”
The Extreme Entrepreneurship Tour
The Business & Entrepreneurship Center and Small Business Development Center are proud to bring The Extreme Entrepreneurship Tour to City College of San Francisco on September 21, 2011 as part of a four-week series of events at 16 Community Colleges throughout California. The tour, presented by the U.S. Chamber of Commerce’s Campaign for Free Enterprise … Continue reading “The Extreme Entrepreneurship Tour”
BonitaSoft Garners $11,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=048ae3fc-d6c9-4165-904c-92b01bf4e1b8&Preview=1 Date 9/14/2011 Company Name BonitaSoft Mailing Address 51 Federal St San Francisco, CA 94107 Company Description BonitaSoft, the leading provider of BPM solutions, is a software company created by the founders of the Bonita open source project. BonitaSoft aims to become the undisputed global leader in open source Business Process Management … Continue reading “BonitaSoft Garners $11,000,000 Series B Funding”
Miso Media Lands $2,400,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7f68db59-193b-42d2-a625-5ea45cf105e8&Preview=1 Date 9/14/2011 Company Name Miso Media Mailing Address Undisclosed Undisclosed, CA 94000 Company Description The company develops musical instruction applications. Website http://www.misomedia.com Transaction Type Venture Equity Transaction Amount $2,400,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Detroit Venture Partners Venture Investor Undisclosed
Teradyne Acquires LitePoint for $580,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=062408fd-2558-4995-ad9e-d0f6e041c8fa&Preview=1 Date 9/14/2011 Company Name LitePoint Mailing Address 575 Maude Court Sunnyvale, CA 94085 Company Description LitePoint is a world leader in wireless test solutions. Collaborating with all major wireless chip companies, LitePoint offers the fastest time to production, the lowest cost of test, and the best test coverage available today for … Continue reading “Teradyne Acquires LitePoint for $580,000,000”
As Browsing Becomes the “Killer Use” in Mobile, Qualcomm Makes Web Technology a Priority
San Diego-based Qualcomm has traditionally been known as the world’s biggest maker of mobile phone chips—with most of that technology coming out of Qualcomm CDMA Technologies, the company’s “QCT” division. But Qualcomm crossed a kind of tipping point three years ago, when the software engineers at QCT began to outnumber the hardware engineers, according to … Continue reading “As Browsing Becomes the “Killer Use” in Mobile, Qualcomm Makes Web Technology a Priority”
Magoosh Unveils a Video Bible for the Newly Revised GRE
It’s the beginning of GRE season—the period from September to November when hundreds of thousands of college students and others considering applying to graduate school take the Graduate Record Exam, administered by Princeton, NJ-based Educational Testing Service (ETS). But this year’s GRE is a completely new animal. In August, ETS rolled out the biggest changes … Continue reading “Magoosh Unveils a Video Bible for the Newly Revised GRE”