Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=97c56395-2e77-4b7b-ba42-68c96b1a1e1d&Preview=1 Date 7/15/2011 Company Name PowerVision Mailing Address 298 Harbor Blvd. Belmont, CA 94002 Company Description The company develops and sells eye related medical devices. Website http://www.powervisionlens.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Series C Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Medtronic
Category: San Francisco
Nimble Storage Raises $25M
San Jose, CA-based Nimble Storage, which makes flash- and disk-based backup and storage devices for enterprises, said today that it has closed a $25 million Series D financing round. New investor Artis Capital Management led the round, which was joined by existing investors Accel Partners, Lightspeed Venture Partners, and Sequoia Capital. The company, which has … Continue reading “Nimble Storage Raises $25M”
“Coolsculptor” Zeltiq Plans IPO
Zeltiq Aesthetics, a Pleasanton, CA-based medical device startup, filed registration papers yesterday with the Securities and Exchange Commission in preparation for an initial public offering. The company has developed a non-invasive procedure, called “CoolSculpting,” that uses cold to eliminate fat cells beneath the skin. The company hopes to raise up to $115 million in the … Continue reading ““Coolsculptor” Zeltiq Plans IPO”
D-Rev Applies Silicon Valley Design (and Business) Thinking to the Developing World
“I am not convinced that I would put my child in an incubator that is made of car parts.” That’s Krista Donaldson speaking. She’s the CEO of Palo Alto, CA-based D-Rev, and the quote says a lot about the non-profit organization and its philosophy on designing healthcare equipment for the developing world. You may have … Continue reading “D-Rev Applies Silicon Valley Design (and Business) Thinking to the Developing World”
Institutes Of Medicine Pain Report May Aid Medical Device Makers
When the Institute of Medicine (IOM) released its report on chronic pain late last month, medical device makers cheered. “A landmark report,” a Boston Scientific press release gushed. “Chronic pain is a major public health issue, and we applaud Congress [and] the IOM…for their thoughtful recommendations,” Medtronic senior vice president Tom Tefft said in a … Continue reading “Institutes Of Medicine Pain Report May Aid Medical Device Makers”
Second-Quarter VC Activity: Wish They All Could Be California Deals
Venture capital activity that surged during the first three months of 2011 continued to rise through the second quarter, as funding for Internet startups soared by 69 percent over the same quarter last year, according to CB Insights, a New York information and data services firm. In its quarterly venture capital activity report, CB Insights … Continue reading “Second-Quarter VC Activity: Wish They All Could Be California Deals”
Halt Medical Obtains $5,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d055bb32-f266-45a3-8d05-5baa9a651b5e&Preview=1 Date 7/14/2011 Company Name Halt Medical Mailing Address 131 Sand Creek Road Brentwood, CA 94513 Company Description The company is developing a uterine fibroid treatment device. Website http://www.haltmedical.com Transaction Type Debt Transaction Amount $5,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. $5,000,000 received upon the issuance and sale … Continue reading “Halt Medical Obtains $5,000,000 New Round”
Nimble Storage Garners $25,000,000 Series D Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f90896a3-5b74-4c77-a28c-cb22a7f32cb5&Preview=1 Date 7/14/2011 Company Name Nimble Storage Mailing Address 2645 Zanker Rd. San Jose, CA 95134 Company Description Nimble Storage has developed the first converged storage and backup solution that significantly reduces the cost and complexity of storing, accessing, and protecting data for enterprises. Website http://www.nimblestorage.com Transaction Type Venture Equity Transaction Amount … Continue reading “Nimble Storage Garners $25,000,000 Series D Funding”
DVS Sciences Secures $14,600,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1bc2d80f-0659-430a-aaa8-4e8b625c77e8&Preview=1 Date 7/14/2011 Company Name DVS Sciences Mailing Address 639 N. Pastoria Ave Sunnyvale, CA 94085 Company Description DVS Sciences Inc. is an analytical equipment and reagents development company that produces and markets the CyTOF, a high throughput mass cytometer for individual cell analysis based on a novel elemental mass-spectrometry detection technology, … Continue reading “DVS Sciences Secures $14,600,000 Series A Funding Round”
Drchrono Lands $675,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=99ee42a0-b148-4621-b9b5-6f0d9aecb04c&Preview=1 Date 7/14/2011 Company Name Drchrono Mailing Address Undisclosed Mountain View, CA 94040 Company Description Drchrono addresses the complexities and critical needs of today’s healthcare environment by providing a EHR platform with a focus on the iPad. We are creating a multi point solution, through cloud web based Electronic Health Record access, … Continue reading “Drchrono Lands $675,000 New Round”
WordWatch Lands $1,400,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=69cc4738-c6bd-4400-8426-93c56ebd829c&Preview=1 Date 7/14/2011 Company Name WordWatch Mailing Address 1185 Chess Drive Foster City, CA 94404 Company Description WordWatch has been developed by a dedicated team of SEM experts, developers, and algorithm specialists. Website http://www.wordwatch.com Transaction Type Venture Equity Transaction Amount $1,400,000 Transaction Round Undisclosed Proceeds Purposes The company intends to use the … Continue reading “WordWatch Lands $1,400,000 New Financing”
Ban.jo Breaches the Barriers Between Location-Based Apps
More and more social networks are offering geolocation. How does a person keep up without joining every service under the sun? A Palo Alto, CA-based startup called Ban.jo hopes to become geo-location central by allowing iPhone or Android mobile users to see who’s nearby, no matter what social network they may be using. Ban.jo founder … Continue reading “Ban.jo Breaches the Barriers Between Location-Based Apps”
Badgeville Rounds Up $12M
Menlo Park, CA-based Badgeville, which helps Web publishers and e-commerce providers equip their sites with game features to enhance customer loyalty, said today that it has raised $12 million in Series B financing. New investors Norwest Venture Partners and El Dorado Ventures led the round, which was joined by existing backers Trinity Ventures and Webb … Continue reading “Badgeville Rounds Up $12M”
$50 Million for Evernote
Evernote, the Mountain View, CA-based provider of a popular online notekeeping system, revealed today that it has raised $50 million in new funding. Sequoia Capital led the round, which was joined by Morgenthaler Ventures; both were previous backers of the company. Sequoia Partner Roelof Botha, formerly a board observer at Evernote, has assumed a full … Continue reading “$50 Million for Evernote”
Jawbone Collects $70M from J.P. Morgan
San Francisco-based Jawbone, known for its Bluetooth headsets and desktop speakers, said today that it has obtained $70 million in growth financing from J.P. Morgan Asset Management, bringing its total venture funding to $170 million. Jawbone CEO Hosain Rahman said in a statement that the new funding will allow Jawbone to “be even more aggressive” … Continue reading “Jawbone Collects $70M from J.P. Morgan”
Sorbent Therapeutics Seeks to Fight Heart Failure in Unusual Arena: The Gut
Heart failure is a huge market with 5 million sufferers in the U.S., but it can be a pretty dull space for investors, since it’s widely treated today with cheap generics that have been around a long time. So how is it that Sunnyvale, CA-based Sorbent Therapeutics was able to raise $53 million in venture … Continue reading “Sorbent Therapeutics Seeks to Fight Heart Failure in Unusual Arena: The Gut”
Jawbone Receives $70,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8820f8a3-eb43-42ca-9679-054b07c3390d&Preview=1 Date 7/13/2011 Company Name Jawbone Mailing Address 99 Rhode Island Street 3rd Floor San Francisco, CA 94103 Company Description The company designs and sells mobile audio products, such as the Jawbone, a wireless headset. Website http://www.jawbone.com Transaction Type Venture Equity Transaction Amount $70,000,000 Transaction Round Undisclosed Proceeds Purposes The company will … Continue reading “Jawbone Receives $70,000,000 New Financing”
Badgeville Lands $12,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=90fb6f70-ddd0-4007-af72-b4711b6cab33&Preview=1 Date 7/13/2011 Company Name Badgeville Mailing Address Undisclosed Palo Alto, CA 94301 Company Description Badgeville is a white label Social Rewards & Analytics Platform We make it easy to increase the loyalty and engagement of your web audience. Website http://www.badgeville.com Transaction Type Venture Equity Transaction Amount $12,000,000 Transaction Round Series B … Continue reading “Badgeville Lands $12,000,000 Series B Financing”
MemSQL Receives $2,100,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=23cb32b2-50e2-4309-b920-c3bfc588aec0&Preview=1 Date 7/13/2011 Company Name MemSQL Mailing Address 380 10th St San Francisco, CA 94103 Company Description MemSQL is a scalable, memory-optimized database that offers orders of magnitude improvements in write and read performance and greatly simplifies application development and maintenance. Website http://www.memsql.com Transaction Type Venture Equity Transaction Amount $2,100,000 Transaction Round … Continue reading “MemSQL Receives $2,100,000 New Funding Round”
ShipWire Lands New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fa6f69fc-db13-4060-aa29-d96d2689491b&Preview=1 Date 7/13/2011 Company Name ShipWire Mailing Address 2185 Park Blvd. Palo Alto, CA 94306 Company Description Small and medium-sized businesses spend more than $50B a year bringing bulk merchandise into the US, managing the inventory, and packing and shipping individual orders. For most of these businesses, shipping is an inefficient and … Continue reading “ShipWire Lands New Round”
EverNote Garners $50,000,000 Series D Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7c42b2fc-379f-4c0c-91c5-dbca4a1342fb&Preview=1 Date 7/13/2011 Company Name EverNote Mailing Address 333 Evelyn Ave Mountain View, CA 94041 Company Description Evernote allows you to easily capture information in any environment using whatever device or platform you find most convenient, and makes this information accessible and searchable at anytime, from anywhere. Website http://www.evernote.com Transaction Type Venture … Continue reading “EverNote Garners $50,000,000 Series D Round”
Ignite Game Technologies Lands $7,500,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=68c8733c-2268-4d3c-aedc-dcafa61bdf46&Preview=1 Date 7/13/2011 Company Name Ignite Game Technologies Mailing Address 1 Bluxome Street San Francisco, CA 94107 Company Description The company is developing online games focused on building a new form of auto racing game. Website http://www.ignitegt.com Transaction Type Venture Equity Transaction Amount $7,500,000 Transaction Round Series B Proceeds Purposes The company … Continue reading “Ignite Game Technologies Lands $7,500,000 Series B Financing Round”
Localmind Secures $600,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c77dd491-475b-412c-8129-886fe3797761&Preview=1 Date 7/13/2011 Company Name Localmind Mailing Address Undisclosed San Francisco, CA 94101 Company Description Localmind actually differs slightly from fellow Q&A apps like Opinionaided or Locql, because Localmind’s real-time, location-based platform sits on top of existing check-in services like Foursquare and Gowalla. Localmind actually allows you to ask questions of users … Continue reading “Localmind Secures $600,000 New Round”
Cloudflare, Ignite, Zettaset, Karma: A Mid-Week Funding Roundup
Usually, stories about venture funding rounds go straight into the “News Xpress” section of Xconomy. But once in a while there’s a day with so many funding announcements that we decide to round them up in a quick list instead of publishing a bunch of separate items. Today was one of those days. —San Francisco-based … Continue reading “Cloudflare, Ignite, Zettaset, Karma: A Mid-Week Funding Roundup”
Crittercism Wins Funding
San Francisco-based Crittercism, a startup offering a plugin that helps developers track and debug their iOS and Android mobile apps, said today that it has obtained seed funding from a syndicate including Kleiner Perkins Caufield & Byers, Google Ventures, Opus Capital, Shasta Ventures, AOL Ventures, and individual investor Lucas Nealson, an early engineer at Facebook. … Continue reading “Crittercism Wins Funding”
EA Buys PopCap Games for up to $1.3B, Says Seattle Company Will Keep Doing its Thing
[Updated at 3:40 pm] Never mind about that IPO. Electronic Arts announced today that it’s buying Seattle casual gaming company PopCap Games in a deal that could be worth up to $1.3 billion. The initial price is $650 million in cash and $100 million in EA (NASDAQ: [[ticker:ERTS]]) stock, with later performance-based payouts that could … Continue reading “EA Buys PopCap Games for up to $1.3B, Says Seattle Company Will Keep Doing its Thing”
$1.7M for MotherKnows
MotherKnows, a Menlo Park, CA-based startup building an online health record system for parents, said today that it has raised $1.7 million in seed funding. Among the startup’s backers are First Round Capital, Giza Ventures, Charles River Ventures, The Band of Angels, former Google Health product manager Maneesh Arora, and other individual investors. “MotherKnows is … Continue reading “$1.7M for MotherKnows”
When Complaining Customers Hit Twitter and Facebook, Assistly is There
Alex Bard likes to start off his description of Assistly, the San Francisco startup where he’s CEO, with an old quote from Amazon CEO Jeff Bezos. It goes something like this: If you make a customer unhappy in the physical world, he might tell six friends. But if you make the same customer unhappy on … Continue reading “When Complaining Customers Hit Twitter and Facebook, Assistly is There”
Gilead Expands Low-Cost HIV Drug Program
Gilead Sciences (NASDAQ: [[ticker:GILD]]), the world’s largest maker of HIV drugs, said today it has expanded its global access program to offer HIV/AIDS drugs at low prices in poor countries. The Foster City, CA-based company said four Indian partners and the Medicines Patent Pool Foundation will get access to the experimental drug elvitegravir, the experimental … Continue reading “Gilead Expands Low-Cost HIV Drug Program”
There is a New Clinical Trial of a Novel Drug for African Sleeping Sickness. Who Cares?
I do. Millions of Africans do. Two of the world’s wealthiest people do. And against all odds, two U.S. biotech companies do too. The story starts in Africa where about 7,000 new cases of sleeping sickness happen each year. If diseases could be classified as cruel and unusual, sleeping sickness would be at the top … Continue reading “There is a New Clinical Trial of a Novel Drug for African Sleeping Sickness. Who Cares?”
ClipSync Lands New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=03139dce-c31d-4ccc-a907-4a77bd5ab2b1&Preview=1 Date 7/12/2011 Company Name ClipSync Mailing Address Pier 33 South Embarcadero San Francisco, CA 94111 Company Description ClipSync is a revolutionary platform powering the Social TV revolution. We reconstruct the natural gestures of group social interaction into a uniquely enriched online experience, augmenting any type of video into a Social experience, … Continue reading “ClipSync Lands New Round”
MoPub Lands $6,500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=41519e5e-2e5a-45e2-b587-5ac98bceb8f2&Preview=1 Date 7/12/2011 Company Name MoPub Mailing Address 512 2nd St. Second Floor San Francisco, CA 94107 Company Description Control your ad inventory, monetize effectively and understand user engagement on your iPhone and Android apps. Website http://www.mopub.com Transaction Type Venture Equity Transaction Amount $6,500,000 Transaction Round Undisclosed Proceeds Purposes The company will … Continue reading “MoPub Lands $6,500,000 New Funding Round”
Pivot Medical Garners $2,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1afba40c-4640-4686-a280-8682d19c7b87&Preview=1 Date 7/12/2011 Company Name Pivot Medical Mailing Address 550 Hamilton Ave Palo Alto, CA 94301 Company Description The company operates as a medical research company. Website Undisclosed Transaction Type Debt Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. Amount may include options, warrants or other rights … Continue reading “Pivot Medical Garners $2,000,000 New Funding Round”
CloudFlare Obtains $20,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5b1f9f5c-0675-44ee-8cd9-a11b36718965&Preview=1 Date 7/12/2011 Company Name CloudFlare Mailing Address 49 Zoe Street San Francisco, CA 94107 Company Description CloudFlare is a cloud-based web application performance and security solution that uses the collective knowledge of the Internet to keep websites safe. CloudFlare is born from our experience in building Project Honey Pot, the largest … Continue reading “CloudFlare Obtains $20,000,000 Series B Round”
Citrix Systems Acquires Cloud.com for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c77b665e-384a-4d7d-ae83-b1522d7c240d&Preview=1 Date 7/12/2011 Company Name Cloud.com Mailing Address 20400 Stevens Creek Blvd Cupertino, CA 95014 Company Description The Cloud.com CloudStack is an open source software product that enables the deployment, management, and configuration of multi-tier and multi-tenant infrastructure cloud services by enterprises and service providers. Website http://www.cloud.com Transaction Type M&A Transaction Amount … Continue reading “Citrix Systems Acquires Cloud.com for Undisclosed Sum”
Astrid Garners New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e102ccb2-9ad9-49c9-a98c-3d9f0f99109e&Preview=1 Date 7/12/2011 Company Name Astrid Mailing Address 625 Market Street 5th Floor San Francisco, CA 94105 Company Description Astrid’s goal is to help over 1 million people lead happier and more productive lives. We think that too many apps are expensive, complicated and boring, so we are committed to making ours … Continue reading “Astrid Garners New Financing Round”
LumiGrow Garners Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=10862dc9-aa51-48c5-a4ee-40c2630dbcf6&Preview=1 Date 7/12/2011 Company Name LumiGrow Mailing Address 990 13th St San Francisco, CA 94130 Company Description LumiGrow, Inc., the leading provider of high-efficiency LED lighting solutions for agriculture and horticulture, enables commercial growers and researchers to achieve operational efficiencies, reduce energy consumption and improve crop yields. Website http://www.lumigrow.com Transaction Type Venture … Continue reading “LumiGrow Garners Series A Financing Round”
MotherKnows Lands $1,700,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9a1f6bfd-e82f-418a-b152-751e9dae995d&Preview=1 Date 7/12/2011 Company Name MotherKnows Mailing Address 405 El Camino Real Menlo Park, CA 94025 Company Description MotherKnows.com believes that parents have the need — and the right– to see, verify and securely access their children’s health records to assure better medical care. We have created a way for parents to … Continue reading “MotherKnows Lands $1,700,000 New Financing”
Cadence Design Systems Acquires Azuro for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c1569ed0-5abd-4574-ab5a-fcf7f5dc92c1&Preview=1 Date 7/12/2011 Company Name Azuro Mailing Address 5201 Great America Parkway Santa Clara, CA 95054 Company Description Azuro is provider of electronic design automation (EDA) software for digital semiconductor chip design. Azuro’s unique technology enables electronics companies around the world to implement digital clock networks with significantly less manual effort and … Continue reading “Cadence Design Systems Acquires Azuro for Undisclosed Sum”
Universum Development Acquires Doostang for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=047753e1-1c31-43cb-ad80-92dbeb1f75be&Preview=1 Date 7/12/2011 Company Name Doostang Mailing Address 228 Hamilton Ave. Third Floor Palo Alto, CA 94301 Company Description Doostang is an online career community that connects people through personal relationships and affiliations. Our members use Doostang to share relevant career opportunities and to interact with one another. Website http://www.doostang.com Transaction Type … Continue reading “Universum Development Acquires Doostang for Undisclosed Sum”
Startups Making Do with Fewer Workers, Kauffman Study Shows
Has the air gone out of the American economy? That’s the troubling suggestion of a new study showing how, even before the current downturn, fewer new firms were being formed and those that did open for business were hiring fewer workers. Titled “Starting Smaller, Staying Smaller: America’s Slow Leak in Job Creation,” the report looks … Continue reading “Startups Making Do with Fewer Workers, Kauffman Study Shows”
Fewer Funds Raise More Capital as Venture Industry Contracts Around “Brand Name” VCs
The U.S. venture capital industry is raising more capital for fewer funds so far this year, continuing a contraction in the number of venture firms, according to a couple of rival surveys released today. While the $2.7 billion raised by VC firms during the second quarter marked a 28 percent increase over the $2.1 billion … Continue reading “Fewer Funds Raise More Capital as Venture Industry Contracts Around “Brand Name” VCs”
RentJuice, Facebook-Skype, and Lean Startups: The 1-Minute Version of Last Week’s Bay Area BizTech News
Time for a few highlights from Xconomy San Francisco’s infotech and energy coverage during the short post-holiday week: —If you’ve ever heard the phrase “Lean Startup,” you’ve probably also heard of Eric Ries, who invented much of the customer-focused rapid iteration model while he was IMVU’s chief technology officer. Last week I sat down with … Continue reading “RentJuice, Facebook-Skype, and Lean Startups: The 1-Minute Version of Last Week’s Bay Area BizTech News”
LS9 Extends Chevron Deal
LS9, the South San Francisco-based developer of renewable fuel technologies, said today it has advanced to the second phase of a collaboration supported by Chevon Technology Ventures. The next step aims to further improve the company’s technology to produce “specific pure hydrocarbon products,” LS9 said in a statement. Financial terms of the agreement weren’t disclosed. … Continue reading “LS9 Extends Chevron Deal”
Ardelyx Collects $17.6M
Fremont, CA-based Ardelyx, which is developing small-molecule drugs to treat gastrointestinal disorders, has raised $17.6 million in Series B funding in a round that could go as high as $22.3 million, according to a regulatory filing last week. Ardelyx’s previous investors include CMEA Capital and New Enterprise Associates (NEA).
Zynga Adds Five Mobile
San Francisco-based social game developer Zynga said in a blog post Friday that it has acquired Five Mobile, a Toronto, Ontario-based maker of mobile applications for enterprises and brands. Five Mobile co-founder Ameet Shah will head Zynga’s new Toronto studio, the company said.
Shopkick Uses the Sound of Rewards to Bring Smartphone Owners into Bricks-and-Mortar Stores
Shopkick is a startup on fire. Its CEO, Cyriac Roeding, is busier than the heads of companies a hundred times Shopkick’s size; it took me about eight months to get a 30-minute appointment with the German-born engineer and entrepreneur. The day I finally visited the company, which occupies a cramped office above a downtown Palo … Continue reading “Shopkick Uses the Sound of Rewards to Bring Smartphone Owners into Bricks-and-Mortar Stores”
The Missing Ingredient in Today’s Biotech: Guts
People in the biotech business (most, anyway) aren’t delusional. They know the odds are stacked against anybody who dares to develop a new drug. But even during the darkest days of recent economic history, December 2008, I heard a seasoned executive explain why the U.S. was, and would remain, the leading place in the world … Continue reading “The Missing Ingredient in Today’s Biotech: Guts”
Jennerex Receives $3,630,146 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=93474a05-aff8-4c2f-aa11-4296e533f101&Preview=1 Date 7/11/2011 Company Name Jennerex Mailing Address 575 Market St. Eighth Floor San Francisco, CA 94105 Company Description Jennerex is named in honor of the legendary physician Dr. Edward Jenner. Dr. Jenner’s discovery led to eradication of the worst medical scourge in the history of the world: smallpox, a viral infection. … Continue reading “Jennerex Receives $3,630,146 New Financing Round”
Alphonso Labs Obtains $10,110,400 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8dd541bf-8970-491c-99fc-7173b491f9b9&Preview=1 Date 7/11/2011 Company Name Alphonso Labs Mailing Address Undisclosed Undisclosed, CA 94301 Company Description Pulse is an elegant news reading application for iPhone, iPad and Android devices. It incorporates colorful panning story bars and fills them with content from your favorite sources. Website http://www.alphonsolabs.com Transaction Type Venture Equity Transaction Amount $10,110,400 … Continue reading “Alphonso Labs Obtains $10,110,400 Series A Financing”