Revolution Analytics Garners New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c4b0ea9f-3939-4c24-bdb0-06c90a1f97dc&Preview=1 Date 9/8/2011 Company Name Revolution Analytics Mailing Address 101 University Ave. Palo Alto, CA 94301 Company Description Though our Revolution R products, we aim to make the power of predictive analytics accessible to every type of user & budget. Website http://www.revolutionanalytics.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed … Continue reading “Revolution Analytics Garners New Round”

Enlighted Lands New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=96852bcd-4848-418a-8b83-23ad22d1915f&Preview=1 Date 9/8/2011 Company Name Enlighted Mailing Address 1451 Grand Road Mountain View, CA 94040 Company Description enLighted’s mission is to transform commercial energy management by providing a solution that is designed from the ground-up for extremely simple installation and maintenance-free operation. Website http://www.enlightedinc.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction … Continue reading “Enlighted Lands New Financing Round”

Crescendo Bioscience Obtains $25,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=859e5c89-dac1-4d7b-804c-51c78d21deda&Preview=1 Date 9/8/2011 Company Name Crescendo Bioscience Mailing Address 341 Oyster Point Blvd South San Francisco, CA 94080 Company Description Crescendo Bioscience is developing a broad range of quantitative, objective diagnostic tools to provide Rheumatologists with deeper clinical insights to more effectively manage patients with autoimmune and inflammatory diseases. Website http://www.crescendobio.com Transaction … Continue reading “Crescendo Bioscience Obtains $25,000,000 New Funding Round”

Guavus Garners New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=49466ce1-90ac-4717-b212-6ac593a968c9&Preview=1 Date 9/8/2011 Company Name Guavus Mailing Address 2880 Lakeside Dr. Santa Clara, CA 95054 Company Description Guavus is a venture-backed company with a revolutionary set of analytics solutions that changes the way businesses make decisions. Our patented zero-latency, multi-silo data analytics platform continuously mines gushing streams of network, application, and customer … Continue reading “Guavus Garners New Financing”

Platfora Secures $5,700,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=56dd805b-487e-4918-aa61-be757988665a&Preview=1 Date 9/8/2011 Company Name Platfora Mailing Address 540 University Ave Palo Alto, CA 94301 Company Description Platfora is the first company to harness the potential of Hadoop so that any business user can explore, interact with, and derive insight from massive data sets, and all via an intuitive and dynamic interface. … Continue reading “Platfora Secures $5,700,000 New Financing Round”

Steelwedge Software Secures $16,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=69fb0440-e3dd-49d5-a3ec-c759979f3ff3&Preview=1 Date 9/8/2011 Company Name Steelwedge Software Mailing Address 3825 Hopyard Rd Pleasanton, CA 94588 Company Description Steelwedge Software: Sales Planning and Performance Management for companies seeking to drive an Executive Sales & Operations Planning (S&OP) process that dramatically improves corporate performance. Website http://www.steelwedge.com Transaction Type Venture Equity Transaction Amount $16,000,000 Transaction … Continue reading “Steelwedge Software Secures $16,000,000 New Financing”

Crescendo Bioscience Secures $31,000,000 Series C Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8332f09c-f928-48a1-a652-ca65e0da9b7c&Preview=1 Date 9/8/2011 Company Name Crescendo Bioscience Mailing Address 341 Oyster Point Blvd South San Francisco, CA 94080 Company Description Crescendo Bioscience is developing a broad range of quantitative, objective diagnostic tools to provide Rheumatologists with deeper clinical insights to more effectively manage patients with autoimmune and inflammatory diseases. Website http://www.crescendobio.com Transaction … Continue reading “Crescendo Bioscience Secures $31,000,000 Series C Round”

Linkage Biosciences Garners $2,100,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=94f38bca-cba4-4e59-bff0-fa13422e97c3&Preview=1 Date 9/8/2011 Company Name Linkage Biosciences Mailing Address 2503 Bush Street San Francisco, CA 94115 Company Description Linkage Biosciences is a molecular diagnostics company developing products that will dramatically improve and expedite complex genetic testing. Website http://www.linkagebio.com Transaction Type Venture Equity Transaction Amount $2,100,000 Transaction Round Series B Proceeds Purposes The … Continue reading “Linkage Biosciences Garners $2,100,000 Series B Financing”

Inside Morgenthaler’s Upcoming Health IT Showcase—Videos from the Finalists

At the first DC to VC health IT forum organized by Morgenthaler Ventures last fall, Aneesh Chopra, the chief technology officer of the United States, called for more prize-based competitions to encourage innovation in healthcare and other sectors of the economy. So it’s pretty appropriate that this year’s edition of DC to VC is all … Continue reading “Inside Morgenthaler’s Upcoming Health IT Showcase—Videos from the Finalists”

Wednesday Deals Roundup: IndieGoGo, Project Frog, BlueArc

That’s “deals” as in funding and M&A announcements, not as in daily deals. (Though there’s news today about Groupon as well.) —Crowdfunding startup IndieGoGo of San Francisco said that it has raised $1.5 million in new funding. Metamorphic Ventures, MHS Capital, and Zynga co-founder Steve Schoettler led the round, which the company said will help … Continue reading “Wednesday Deals Roundup: IndieGoGo, Project Frog, BlueArc”

Ipierian Hires New CEO to Carry on With Stem Cells for Discovering Neurological Drugs

iPierian, the South San Francisco-based developer of stem cell technology co-founded by top scientists at Harvard University, said today it has hired a new CEO. Nancy Stagliano, the co-founder and former CEO of South San Francisco-based CytomX Therapeutics, has taken the top job at iPierian, while interim CEO Peter Van Vlasselaer has moved aside to … Continue reading “Ipierian Hires New CEO to Carry on With Stem Cells for Discovering Neurological Drugs”

Amira Pharma on How it Beat the Odds, and Sold an Early Stage Drug to Bristol-Myers for $325M

Amira Pharmaceuticals CEO Bob Baltera has gotten lots of questions lately from his fellow biotech entrepreneurs, which all basically go something like this: “How did you do that?” Baltera has certainly had a lot to talk about since late July when Amira agreed to be acquired by New York-based Bristol-Myers Squibb (NYSE: [[ticker:BMY]]) for $325 … Continue reading “Amira Pharma on How it Beat the Odds, and Sold an Early Stage Drug to Bristol-Myers for $325M”

(Mis)Understanding Drug Discovery: It’s Much Harder Than Rocket Science

Developing new medicines is an amazingly difficult undertaking. The research portion alone is daunting, and for those of us who have actually attempted it, humbling. A recent article reminded me just how little many people understand about the drug discovery process. The basic premise of “Pharma Needs an Innovation Intervention” was that pharma should change … Continue reading “(Mis)Understanding Drug Discovery: It’s Much Harder Than Rocket Science”

Project Frog Receives $22,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b2a1aca7-c509-4346-ad4c-36c1206585e9&Preview=1 Date 9/7/2011 Company Name Project Frog Mailing Address Roundhouse One 1500 Sansome Street San Francisco, CA 94111 Company Description Project FROG is a pioneering firm that integrates sustainability and customization into quick-to-deploy, high performance building environments. Our mission is to provide a transformational landscape of sustainable, friendly, and affordable learning environments … Continue reading “Project Frog Receives $22,000,000 New Round”

Intransa Garners $3,750,000 Series E Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=76495716-b683-43e8-bcfd-78b07133f20e&Preview=1 Date 9/7/2011 Company Name Intransa Mailing Address 10710 N. Tantau Avenue Cupertino, CA 95014 Company Description Intransa is an innovator of an enterprise class, intelligent IP storage products and software. Based on technology that leverages the low cost and maturity of Ethernet technology, Intransa’s IP SAN solutions dramatically reduce the cost … Continue reading “Intransa Garners $3,750,000 Series E Funding Round”

Mashape Garners $1,500,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9ffe1b1d-63e0-4eeb-9ae7-ed4db433c5f5&Preview=1 Date 9/7/2011 Company Name Mashape Mailing Address 181 Fremont St 2nd Floor San Francisco, CA 94105 Company Description Mashape is an API marketplace where service providers and individual developers can instantly make available an API to their audience, with infrastructure and traction since day one, while third party developers can use/call … Continue reading “Mashape Garners $1,500,000 Seed Financing”

Powergetics Lands $10,270,173 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ea13598a-f964-4185-986a-214a857aa677&Preview=1 Date 9/7/2011 Company Name Powergetics Mailing Address 3150 18th Street San Francisco, CA 94110 Company Description Powergetics, Inc., an energy solutions company, provides intelligent energy solutions to small-medium sized companies. It offers energy storage and data solutions that allow organizations to store energy when they are not using it, and provide … Continue reading “Powergetics Lands $10,270,173 New Funding”

Power Assure Receives New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1b9ab8b4-0909-4ec8-8e51-a1aed60b7ea7&Preview=1 Date 9/7/2011 Company Name Power Assure Mailing Address 2394 Walsh Avenue Santa Clara, CA 95051 Company Description Power Assure develops and delivers business automation software that reduces energy use and carbon emissions in commercial, corporate, and government data centers. The company’s software platform intelligently manages data center server capacity in real … Continue reading “Power Assure Receives New Round”

InternMatch Receives $500,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cf195577-263a-4537-8e27-b4a30aaec5e5&Preview=1 Date 9/7/2011 Company Name InternMatch Mailing Address 425 2nd St San Francisco, CA 94107 Company Description InternMatch is an online ecosystem committed entirely to internships. Website http://www.internmatch.com Transaction Type Venture Equity Transaction Amount $500,000 Transaction Round Undisclosed Proceeds Purposes InternMatch is launching Community Pages with a number of well-known companies including … Continue reading “InternMatch Receives $500,000 New Round”

SAP Acquires Right Hemisphere for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=289a2017-d67f-40ef-a005-b6b33175aaf3&Preview=1 Date 9/7/2011 Company Name Right Hemisphere Mailing Address 3130 Crow Canyon Place San Ramon, CA 94583 Company Description Right Hemisphere’s Service & Support solution shortens maintenance and service times through condition-based maintenance and highly graphical, visually accurate, interactive procedures. Website http://www.righthemisphere.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes … Continue reading “SAP Acquires Right Hemisphere for Undisclosed Sum”

Hitachi Data Systems Acquires BlueArc for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9ea384e9-c227-47c0-8d20-f12451cd1e05&Preview=1 Date 9/7/2011 Company Name BlueArc Mailing Address 50 Rio Robles Dr. San Jose, CA 95134 Company Description BlueArc Corporation changes the economics of network storage by helping customers manage more information with less effort. BlueArc’s Titan storage systems enable organizations to maximize performance and reduce operating costs through the movement of … Continue reading “Hitachi Data Systems Acquires BlueArc for Undisclosed Sum”

Port of San Francisco Shuts Down Pier 38 Tech Hub—Dogpatch Labs, True Ventures, Automattic Soon to Be Homeless

In a blog post today, Ryan Spoon of Polaris Ventures shared some pretty awful news for the tech startup community in San Francisco. The vibrant collection of startups and related tech firms occupying Pier 38 will have to clear out of the funky but aging structure by the end of September, thanks to a condemnation … Continue reading “Port of San Francisco Shuts Down Pier 38 Tech Hub—Dogpatch Labs, True Ventures, Automattic Soon to Be Homeless”

TechCrunch and CrunchFund: The Conflict-of-Interest Controversy

Is TechCrunch coming apart at the seams, or is it simply going through a leadership transition? Are we witnessing the breakdown of an ill-conceived marriage, or do the events of the last few days amount to publicity ploy—a Britney Spears-style public meltdown, cynically designed to keep the media spotlight fixed in the company’s direction ahead … Continue reading “TechCrunch and CrunchFund: The Conflict-of-Interest Controversy”

San Diego Life Sciences Leaders Show Support for Governor’s Tax Changes

San Diego’s life sciences and biomedical communities showed their support today for California Gov. Jerry Brown’s tax plan, which he has offered as a way to promote statewide job growth by closing a “toxic tax loophole” and offering other incentives for companies to add jobs. “The majority of Biocom’s members are smaller companies within Southern … Continue reading “San Diego Life Sciences Leaders Show Support for Governor’s Tax Changes”

Tuesday Funding Roundup: Lanyrd, Mashape, Clean Power Finance

Regular visitors to the Xconomy website may have noticed that we recently killed off the “News Xpress” box at the top of each city’s home page. The news that formerly appeared there—mostly notices of venture investments, mergers & acquisitions, and the like—will now show up in the main news stream, alongside our regular features. But … Continue reading “Tuesday Funding Roundup: Lanyrd, Mashape, Clean Power Finance”

Google Ventures, Zurb, MyPad: The 1-Minute Version of Last Week’s Bay Area BizTech News

In the run-up to the long weekend, we churned out a few of our patented long stories. —My big opus for the week was a writeup of a lengthy conversation with Bill Maris, the managing partner at Google Ventures. Maris shared insights about Google Ventures’ founder-friendly operating philosophy and its roots in his own experiences … Continue reading “Google Ventures, Zurb, MyPad: The 1-Minute Version of Last Week’s Bay Area BizTech News”

Goby Bought by TeleNav; Watkins and Team to Keep Working on Location-Based Content

Another Boston-area software startup has been snapped up by a West Coast power. Sunnyvale, CA-based TeleNav (NASDAQ: [[ticker:TNAV]]), a location-based services firm, said today it has completed an acquisition of Boston-based Goby, a local and travel search startup that has recently focused on mobile apps. Terms of the deal weren’t given. (The news was buried … Continue reading “Goby Bought by TeleNav; Watkins and Team to Keep Working on Location-Based Content”

Dramatic Changes in Hepatitis C Treatment Expected to Continue

Earlier this year the FDA approved telaprevir (Incivek) from Vertex Pharmaceuticals and boceprevir (Victrelis) from Merck for the treatment of hepatitis C. Both agents are protease inhibitors and represent the first approvals of direct acting antivirals for hepatitis C. Direct acting antivirals are a broad class of agents that act to block the growth of … Continue reading “Dramatic Changes in Hepatitis C Treatment Expected to Continue”

Fearless Fantasy Football, Uh, I Mean Biotech, Predictions for the Season Ahead

Football season is getting started this week, and I’m pumped. This is the time millions of people test their wits against friends (and strangers) in fantasy football. For fellow biotech nerds who aren’t familiar, this is a little bit like the stock market—you try to pick a diversified portfolio of pro football players who you … Continue reading “Fearless Fantasy Football, Uh, I Mean Biotech, Predictions for the Season Ahead”

Labor Day Friday Bad News Poll Results: Government Jobs Report the Worst Biz News of the Weekend

Well, it turned out that perhaps I was too cynical. On Friday morning, I posted the Labor Day Bad News Poll, pointing out that companies often buried bad news after markets closed on a Friday—and asking readers to predict what type of bad news they expected, if any, on the extra slow Friday before Labor … Continue reading “Labor Day Friday Bad News Poll Results: Government Jobs Report the Worst Biz News of the Weekend”

MyPad and the Coming Facebook Wars on the iPad

Why on earth isn’t there an official Facebook app for the iPad? The social networking giant has had an iPhone app ever since the launch of the iTunes App Store in 2008, and the company says that more than 250 million people access Facebook through mobile devices. Its engineers have tried to make the Facebook … Continue reading “MyPad and the Coming Facebook Wars on the iPad”

The Labor Day Friday Bad News Poll

Any savvy news hound knows that companies love to bury bad news by disclosing it after the close of markets on a Friday. The Friday before a long weekend like Labor Day is especially attractive. That got me wondering what bad news might be coming today. Is there another big CEO shuffle looming, a la … Continue reading “The Labor Day Friday Bad News Poll”

Intersect ENT Receives $1,018,585 Series C Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=740e2a85-cdfd-41b8-a086-1fc0e1a9bfbe&Preview=1 Date 9/2/2011 Company Name Intersect ENT Mailing Address 1049 Elwell Court Palo Alto, CA 94303 Company Description Intersect ENT Inc. (formerly Sinexus) is a medical device company pioneering novel therapies for Ear, Nose & Throat surgeons to utilize in providing improved treatment for their patients. Website http://www.intersectent.com Transaction Type Venture Equity … Continue reading “Intersect ENT Receives $1,018,585 Series C Financing Round”

Clean Power Finance Obtains $19,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=adea39aa-9b8c-430e-a541-36a1325d4770&Preview=1 Date 9/2/2011 Company Name Clean Power Finance Mailing Address 201 Mission Street San Francisco, CA 94105 Company Description Clean Power Finance is the leading provider of integrated software, services and financing solutions to the solar industry. Website http://www.cleanpowerfinance.com Transaction Type Venture Equity Transaction Amount $19,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “Clean Power Finance Obtains $19,000,000 New Funding”

Clean Power Finance Secures $25,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=adea39aa-9b8c-430e-a541-36a1325d4770&Preview=1 Date 9/2/2011 Company Name Clean Power Finance Mailing Address 201 Mission Street San Francisco, CA 94105 Company Description Clean Power Finance is the leading provider of integrated software, services and financing solutions to the solar industry. Website http://www.cleanpowerfinance.com Transaction Type Venture Equity Transaction Amount $25,000,000 Transaction Round Undisclosed Proceeds Purposes The … Continue reading “Clean Power Finance Secures $25,000,000 New Financing Round”

500 Startups Brings Its Latest Grads to New York

Armed with gusto and a microphone, Bay Area Internet guru Dave McClure and his gang from 500 Startups brought their latest batch of hatchlings to New York at last night’s demo day at General Assembly. A handful of locally bred startups stood among the twenty-one exuberant presenters—all graduates of McClure’s Mountain View, CA-based accelerator program—who … Continue reading “500 Startups Brings Its Latest Grads to New York”

Why Governments Don’t Get Startups–Or, Why There’s Only One Silicon Valley

Not understanding and agreeing what “entrepreneur” and “startup” mean can sink an entire country’s entrepreneurial ecosystem. I’m getting ready to go overseas to teach, and I’ve spent the last week reviewing several countries’ ambitious attempts to kick-start entrepreneurship. After poring through stacks of reports, white papers and position papers, I’ve come to a couple of … Continue reading “Why Governments Don’t Get Startups–Or, Why There’s Only One Silicon Valley”

The Education of Bill Maris: How One Entrepreneur’s History Shaped Google Ventures

Fade in on a paper-strewn office in Manhattan. It’s the North American headquarters of Investor AB, a giant Swedish holding company with investments across the healthcare, telecommunications, manufacturing, and financial industries. Two recent college graduates, a man and a woman, share a small office; they are the only Americans at the firm. One is trained … Continue reading “The Education of Bill Maris: How One Entrepreneur’s History Shaped Google Ventures”

Xconomist of the Week: Bob Langer’s Advice for Turning Foundation and Government Money into Startup Success

Yesterday, Selecta Biosciences—one of many companies founded by MIT professor and entrepreneur Bob Langer—announced that it had received a subcontract from the Science Applications International Corporation (SAIC) to develop a vaccine against malaria. The financial details weren’t released, but the initiative is part of a $76.5 million contract SAIC has with the National Institutes of … Continue reading “Xconomist of the Week: Bob Langer’s Advice for Turning Foundation and Government Money into Startup Success”

CloudOn Secures $7,699,999 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=30bd95d8-3283-46e1-8467-9be683657381&Preview=1 Date 9/1/2011 Company Name CloudOn Mailing Address 505 Seale Avenue Palo Alto, CA 94301 Company Description The company is developing simplified personalized ubiquitous application delivery technologies. Website http://www.CloudOn.com Transaction Type Venture Equity Transaction Amount $7,699,999 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms … Continue reading “CloudOn Secures $7,699,999 Series A Round”

Ubicom Obtains $1,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=78901000-2739-4f57-b1a7-d98784b3b0d7&Preview=1 Date 9/1/2011 Company Name Ubicom Mailing Address 195 Baypointe Parkway San Jose, CA 95134 Company Description Ubicom develops communications and media processor (CMP) and software platforms that address the unique demands of real-time, interactive applications and multimedia content delivery in the digital home. Website http://www.ubicom.com Transaction Type Debt Transaction Amount $1,000,000 … Continue reading “Ubicom Obtains $1,000,000 New Funding”

Stryker Acquires Concentric Medical for $135,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0bb7390e-78ed-4060-b0fe-bf3190e204ec&Preview=1 Date 9/1/2011 Company Name Concentric Medical Mailing Address 301 East Evelyn Avenue Mountain View, CA 94041 Company Description Concentric Medical, Inc., headquartered in Mountain View, CA, is a medical device company focused on the design, development and commercialization of products for restoring blood flow in patients who are experiencing an ischemic … Continue reading “Stryker Acquires Concentric Medical for $135,000,000”

Ardelyx Nabs $30M To Develop Drug for Irritable Bowel Syndrome, and High Blood Pressure

Fremont, CA-based Ardelyx said today it has nailed down $30 million in a Series B venture round. Much of the cash will go toward developing Ardelyx’s lead drug candidate for a couple different uses, for patients with a form of irritable bowel syndrome and others with high blood pressure. Amgen Ventures participated in the round, … Continue reading “Ardelyx Nabs $30M To Develop Drug for Irritable Bowel Syndrome, and High Blood Pressure”

Xoma CEO Resigns After Four-Year Push To Go Commercial

Xoma, the Berkeley, CA-based antibody drug developer that has been around for 30 years, said today that CEO Steve Engle has resigned, effective immediately. He will be replaced on an interim basis by John Varian, a member of the board. Engle, who has been with the company four years, is also relinquishing his titles of … Continue reading “Xoma CEO Resigns After Four-Year Push To Go Commercial”

Jennerex Shows that Unorthodox Cancer-Fighting Virus Can be Delivered the Usual Way

Most patients who take cancer drugs today get them through an intravenous infusion. Scientists have never been quite been able to consistently get this delivery route to work for genetically engineered cancer-fighting viruses, but San Francisco-based Jennerex Biotherapeutics is reporting today that it has found a way, in a move that could help its oncolytic … Continue reading “Jennerex Shows that Unorthodox Cancer-Fighting Virus Can be Delivered the Usual Way”

The “Un-Incubator” vs. the Echo Chamber: Five Questions for New Venture Partners’ Robert Rosenberg

New Venture Partners is a VC firm with a twist: It invests exclusively in corporate spinouts. The firm—which has U.S. offices in San Mateo, CA, and Murray Hill, NJ—counts among its successes Flarion Technologies (bought by Qualcomm), GeoVideo Networks (acquired by Wire One Technologies), and Silicon Hive, a spinout from Philips Electronics that was acquired … Continue reading “The “Un-Incubator” vs. the Echo Chamber: Five Questions for New Venture Partners’ Robert Rosenberg”

E la Carte Lands $4,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3f2cd057-e919-42b2-acc8-293c5e72bdbc&Preview=1 Date 8/31/2011 Company Name E la Carte Mailing Address Undisclosed San Francisco, CA 94109 Company Description Founded out of MIT in 2008, E la Carte leverages the power of technology to make hospitality more fun for consumers and more profitable for operators. Website http://www.elacarte.com Transaction Type Venture Equity Transaction Amount $4,000,000 … Continue reading “E la Carte Lands $4,000,000 New Financing Round”

Shocking Technologies Obtains $15,200,000 Series C Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=367497b7-fba8-4700-9e23-cddc2380b761&Preview=1 Date 8/31/2011 Company Name Shocking Technologies Mailing Address 5870 Hellyer Avenue San Jose, CA 95138 Company Description Shocking Technologies develops applications for it’s patented voltage switchable dielectric materials. Applications include ESD protection for Printed Circuit Boards (PCB’s) and Semiconductor Packages. Website http://www.shockingtech.com Transaction Type Venture Equity Transaction Amount $15,200,000 Transaction Round … Continue reading “Shocking Technologies Obtains $15,200,000 Series C Round”

RootMusic Garners $16,000,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9622b7f6-9e6b-4ba4-90e2-d42a9a0e0cf6&Preview=1 Date 8/31/2011 Company Name RootMusic Mailing Address 1233 Howard St. San Francisco, CA 94103 Company Description The company has created software that allows users to better promote their music bands on Facebook. Website http://www.rootmusic.com Transaction Type Venture Equity Transaction Amount $16,000,000 Transaction Round Series B Proceeds Purposes This financing will help … Continue reading “RootMusic Garners $16,000,000 Series B Financing Round”

Ardelyx Garners $30,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4848256e-111f-4a83-a7a3-e516ea34b77c&Preview=1 Date 8/31/2011 Company Name Ardelyx Mailing Address 34175 Ardenwood Blvd. Fremont, CA 94555 Company Description The company develops therapeutics for disease treatment. Website http://www.ardelyx.com Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round Series B Proceeds Purposes The proceeds of the financing will be used to advance Ardelyx’s pipeline that includes … Continue reading “Ardelyx Garners $30,000,000 Series B Funding”