ANSYS Acquires Apache Design Solutions for $310,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=17df6521-c99d-4f15-accb-4080d927c830&Preview=1 Date 6/30/2011 Company Name Apache Design Solutions Mailing Address 2645 Zanker Road San Jose, CA 95134 Company Description Apache delivers the leading power sign-off solution adopted by 80% of top IDMs, fabless semiconductor companies, and foundries, as well as complete platform solution for silicon integrity of SoC, analog-IP, and system designs. … Continue reading “ANSYS Acquires Apache Design Solutions for $310,000,000”

AEGEA Medical Garners $13,300,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b71ea263-230d-4a27-bc95-0d37094202f8&Preview=1 Date 6/30/2011 Company Name AEGEA Medical Mailing Address 2686 Middlefield Rd Redwood City, CA 94063 Company Description AEGEA Medical is a private, clinical-stage medical device company that is developing a novel treatment for abnormal uterine bleeding. The company’s products are not available for sale in the United States. Website http://www.aegeamedical.com Transaction … Continue reading “AEGEA Medical Garners $13,300,000 New Financing”

Graymatics Garners New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8f260813-6167-4acf-b31f-e0d66e767544&Preview=1 Date 6/30/2011 Company Name Graymatics Mailing Address 4555 Great America Parkway 3rd Floor Santa Clara, CA 95054 Company Description We provide a richly featured Platform as a Service, which is capable of organizing rich media data, based on true content, over the internet, networked video systems & proprietary media sources, optimized … Continue reading “Graymatics Garners New Funding Round”

Vendio Buys SingleFeed

San Francisco-based SingleFeed, which helps e-retailers format product data so that it can be found more easily via comparison shopping engines, has been acquired by San Mateo, CA-based e-commerce software provider Vendio, according to a June 28 announcement. Financial terms of the deal weren’t disclosed. SingleFeed was backed by True Ventures, KPG Ventures, and NetService … Continue reading “Vendio Buys SingleFeed”

Connected Connects with $500K

San Francisco-based Connected, a maker of simplified, Web-based contact management tools, said today that it has raised $500,000 in seed funding. Trinity Ventures led the seed round, which was joined by Ignition Partners and 500 Startups and individual investors Christopher Michel, Michael Hoydich, and Mark Gray. “Our innovation is that we’ve removed all the mundane … Continue reading “Connected Connects with $500K”

$30M for RockMelt

RockMelt, the Mountain View, CA-based maker of a “social browser” integrated with Facebook and other social media services, said today that it has collected $30 million in Series B financing. New investors Accel Partners and Khosla Ventures led the round, which was joined by existing investor Andreessen Horowitz. The company said it will use the … Continue reading “$30M for RockMelt”

Genentech Shot Down at FDA Hearing on Avastin for Breast Cancer

Genentech has had a lot of good fortune in its dealings with the FDA over the years, but it was dealt a significant setback today. The South San Francisco-based biotech company, a unit of Switzerland-based Roche, failed to win over an FDA advisory panel that was asked to weigh in on whether bevacizumab (Avastin) should … Continue reading “Genentech Shot Down at FDA Hearing on Avastin for Breast Cancer”

Apture Seeks to Keep Web Readers Glued On Sites Longer, While Still Enabling Them to Explore the Web

The Web giveth and the Web taketh away. On the giveth side, the Web is a great medium for publishers because of its low distribution costs, and because of all the free traffic that results when search engines and other sites create links to a publisher’s pages. On the taketh side, the Web’s abundance and … Continue reading “Apture Seeks to Keep Web Readers Glued On Sites Longer, While Still Enabling Them to Explore the Web”

RockMelt Secures $30,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8e81147a-8f73-47f0-a3a9-6abd031c1d12&Preview=1 Date 6/29/2011 Company Name RockMelt Mailing Address Undisclosed Palo Alto, CA 94301 Company Description The company is developing Internet browser software. Website http://www.rockmelt.com Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round Series B Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Accel Partners Venture Investor Khosla Ventures … Continue reading “RockMelt Secures $30,000,000 Series B Funding”

SoloPower Secures $14,995,999 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4d6a9632-837b-469a-af81-72b3e912df36&Preview=1 Date 6/29/2011 Company Name SoloPower Mailing Address 5981 Optical Court San Jose, CA 95138 Company Description SoloPower, Inc. is a technology leader in the field of thin film photovoltaics (PV) for low-cost module manufacturing and delivery of solar electricity for a variety of uses including grid-connected commercial, residential and distributed power … Continue reading “SoloPower Secures $14,995,999 New Funding”

Square Lands $100,000,000 Series C Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5156b9b7-9a2a-417f-9281-aef794e2e5af&Preview=1 Date 6/29/2011 Company Name Square Mailing Address 901 Mission St. San Francisco, CA 94101 Company Description The company operates as a mobile payment service company. Website http://www.squareup.com Transaction Type Venture Equity Transaction Amount $100,000,000 Transaction Round Series C Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Kleiner Perkins … Continue reading “Square Lands $100,000,000 Series C Funding”

SiliconBlue Technologies Lands $18,000,000 Series D Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e4f4b60-dd57-42f6-917a-d70708a0aa3e&Preview=1 Date 6/29/2011 Company Name SiliconBlue Technologies Mailing Address 3255 Scott Blvd. Bld. 7 Santa Clara, CA 95054 Company Description SiliconBlue has built from ground up, the first single-chip, reprogrammable, ultra-low power FPGA optimized for handheld, mobile applications. Website http://www.siliconbluetech.com Transaction Type Venture Equity Transaction Amount $18,000,000 Transaction Round Series D Proceeds … Continue reading “SiliconBlue Technologies Lands $18,000,000 Series D Financing Round”

Fliptop Secures $2,400,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8b54c6da-15b0-4e09-a5c7-e9e128d2855f&Preview=1 Date 6/29/2011 Company Name Fliptop Mailing Address 215 Second Street San Francisco, CA 94105 Company Description Fliptop is a marketing platform that helps you get maximum value from your subscriber relationships. Website http://www.fliptop.com Transaction Type Venture Equity Transaction Amount $2,400,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “Fliptop Secures $2,400,000 New Funding Round”

Connected Obtains $500,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f7ea0467-b72a-4fc2-a213-f3cce88084c7&Preview=1 Date 6/29/2011 Company Name Connected Mailing Address 300 3rd St. San Francisco, CA 94107 Company Description Connected was born from the realization that the story of success in almost every business endeavor starts with relationships. Maybe it’s your buddy that introduces you to a potential customer that becomes a landmark deal. … Continue reading “Connected Obtains $500,000 New Financing”

Curis and Genentech Unleash the Hedgehog to Fight a Deadly Skin Cancer

Curis was founded in Lexington, MA, in 2000 with the intention of exploiting a disease-causing mechanism curiously named the hedgehog signaling pathway. Three years later, the startup attracted the attention of biotech pioneer Genentech, whose scientists believed hedgehog might offer a brand new way to fight cancer. Now the development deal that the two companies … Continue reading “Curis and Genentech Unleash the Hedgehog to Fight a Deadly Skin Cancer”

Stipple Builds Out System to Help Publishers Profit from Tagged Web Images

Between 30 and 40 percent of all files on the Web are images, and even pages dominated by text usually have a few photos. Yet most of these photos aren’t linked to anything interesting, the way text can be. San Francisco startup Stipple sees this as a waste—and an opportunity. Last fall the company rolled … Continue reading “Stipple Builds Out System to Help Publishers Profit from Tagged Web Images”

MediBabble Attacks Language Barriers the Doctor’s Office

A mobile app developed by a pair of former UCSF medical students could help doctors collect more accurate medical histories from patients, even if they don’t speak the same language. Called MediBabble, the free, donation-supported iPhone app lets doctors play common medical questions aloud in five languages: Cantonese, Haitian Creole, Mandaran, Russian, and Spanish. Patients … Continue reading “MediBabble Attacks Language Barriers the Doctor’s Office”

Viralheat Obtains $4,250,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1c64763b-c6c9-46cc-9d04-587ada36ed84&Preview=1 Date 6/28/2011 Company Name Viralheat Mailing Address 1705 Alder Creek Court San Jose, CA 95148 Company Description Viralheat is a social media measurement platform that allows you to track topics, brands, television shows, and movies across many different mediums all in one place using the best technology. Profile API calls allows … Continue reading “Viralheat Obtains $4,250,000 Series A Funding”

EggCartel Receives $1,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b183f51b-f6e2-49d4-bfb7-5fdfeae96f8c&Preview=1 Date 6/28/2011 Company Name EggCartel Mailing Address 760 Market Street San Francisco, CA 94102 Company Description EggCartel was founded in 2010 by Dan Zheng and Brian Lynch, former Google and Playdom engineers. Frustrated by the pain and hassle of buying and selling used furniture, sports equipment, and electronics online, they created … Continue reading “EggCartel Receives $1,000,000 New Financing Round”

FlashSoft Lands $3,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cb25324f-2a39-4929-b8db-94c2160ebddc&Preview=1 Date 6/28/2011 Company Name FlashSoft Mailing Address 883 N. Shoreline Blvd Mountain View, CA 94043 Company Description Some of the biggest initiatives in the enterprise today are constrained by a fundamental infrastructure problem: how to increase input-output (IO) performance and make much larger amounts of data accessible in working memory. The … Continue reading “FlashSoft Lands $3,000,000 Series A Funding Round”

Vendio Acquires Singlefeed.com for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4c965830-7ba6-486f-a2fb-9b00d06c4bc6&Preview=1 Date 6/28/2011 Company Name Singlefeed.com Mailing Address 530 Howard Street San Francisco, CA 94105 Company Description SingleFeed, a Comparison Ventures, Inc. company, helps small- and medium-sized online merchants quickly and easily syndicate their products to multiple shopping comparison engines like Google Base, Yahoo! Shopping, Shopping.com, Shopzilla, NexTag, and PriceGrabber. Website http://www.singlefeed.com … Continue reading “Vendio Acquires Singlefeed.com for Undisclosed Sum”

The Supreme Court’s 7-2 Decision on Video Games as Free Speech Masks a 5-4 Split

The Supreme Court today released its opinion regarding California’s attempt to ban the sale of so-called violent video games to those under 18. My company, Vindicia, filed an amicus brief in the case, Brown v. Entertainment Merchant’s Association, to make sure the Court was aware of the ramifications of the California law in the digital … Continue reading “The Supreme Court’s 7-2 Decision on Video Games as Free Speech Masks a 5-4 Split”

Doximity, Chirply, IPO Anxiety: The 1-Minute Version of Last Week’s Bay Area BizTech News

I’m in re-entry mode after a week’s vacation in northern Michigan, which means I’m catching up on everything my colleagues published while I was away. Here’s a quick rundown of last week’s business and technology news from Xconomy San Francisco (including a couple of pieces I wrote before my trip): —The IPO market may be … Continue reading “Doximity, Chirply, IPO Anxiety: The 1-Minute Version of Last Week’s Bay Area BizTech News”

BlueArc Re-files for IPO

San Jose, CA-based data and storage management company BlueArc announced Friday that it has restarted the registration process for an initial public offering, on hold since 2008. BlueArc hopes to raise $100 million in the offering, according to its official S-1 filing with the Securities and Exchange Commission.

Betting That Biotech Will Bring the FDA to Heel? Don’t Count On It

When Minnesota Democrat Al Franken and Massachusetts Republican Scott Brown line up on the same side of an issue, my first guess would usually be that it’s to vote on some meaningless resolution in favor of apple pie. Or, like now, it could be a sign that a controversial, potentially transformative piece of legislation is … Continue reading “Betting That Biotech Will Bring the FDA to Heel? Don’t Count On It”

Genentech Scoops Up Tumor-Starving Drug Program From Forma Therapeutics In Rare Deal

Genentech doesn’t acquire many drugs from other people, partly because it has a prolific internal R&D operation. But the South San Francisco-based unit of Roche, the world’s biggest maker of cancer treatments, is announcing an unusual deal today in which it is paying to get an early-stage cancer drug program from Cambridge, MA-based Forma Therapeutics … Continue reading “Genentech Scoops Up Tumor-Starving Drug Program From Forma Therapeutics In Rare Deal”

Tachi Yamada, Former Gates Foundation Leader, Joins Frazier for New VC Gig

Tachi Yamada ran what you could call the world’s largest nonprofit venture fund for high-risk, high-reward global health ideas the past five years. Now he’s going to apply that same feel for risk and reward in the traditional venture capital business. Yamada, 66, the former president of global health at the Bill & Melinda Gates … Continue reading “Tachi Yamada, Former Gates Foundation Leader, Joins Frazier for New VC Gig”

VivoTech Obtains $24,000,000 Series C Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4a28fa7f-5e40-4ae8-b55e-cc7c5b2a1c3a&Preview=1 Date 6/27/2011 Company Name VivoTech Mailing Address 451 El Camino Real 2nd Floor Santa Clara, CA 95050 Company Description ViVOtech is the leading software provider of NFC mobile phone payments, Over-the-Air (OTA) provisioning of promotions and payment cards and smart poster applications. Website http://www.vivotech.com Transaction Type Venture Equity Transaction Amount $24,000,000 … Continue reading “VivoTech Obtains $24,000,000 Series C Funding”

StorSimple Scores $10.5M Led by Ignition

Santa Clara, CA-based StorSimple announced it has closed a $10.5 million Series C financing round led by Ignition Partners, based in the Seattle area. The company’s other previous investors, including Index Ventures, Mayfield Fund, and Redpoint Ventures, also participated in the round. StorSimple, which has raised a total of $31.5 million to date, focuses on … Continue reading “StorSimple Scores $10.5M Led by Ignition”

Durect Plunges on FDA Ruling

Shares of Durect (NASDAQ: [[ticker:DRRX]]), a Cupertino-based developer of drug-delivery technologies, fell 30 percent in morning trading to $2.21 after the FDA handed a complete-response letter to licensing partner Pfizer (NYSE: [[ticker:PFE]]) on an extended-release version of the pain drug oxycodone. The product, called Remoxy, is being developed by New York-based Pfizer and Pain Therapeutics (NASDAQ: [[ticker:PTIE]]) of … Continue reading “Durect Plunges on FDA Ruling”

Merck’s Julie Gerberding, Former CDC Director, on the Future of Vaccines

Not many pharmaceutical executives can say with a straight face that if they are successful, they will really help millions of people live significantly longer and healthier lives around the world. Julie Gerberding, the former director of the U.S. Centers for Disease Control and Prevention, has been in one of those rare positions for about … Continue reading “Merck’s Julie Gerberding, Former CDC Director, on the Future of Vaccines”

Enphase Energy Secures $13,999,993 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=63425b9b-8c00-4a04-87f9-72b59b036750&Preview=1 Date 6/24/2011 Company Name Enphase Energy Mailing Address 201 1st Street Petaluma, CA 94952 Company Description At Enphase Energy we believe that by combining the power of solar energy and the proven advantages of communications technology, we can change the green energy landscape. Website http://www.enphaseenergy.com Transaction Type Debt, Venture Equity Transaction … Continue reading “Enphase Energy Secures $13,999,993 New Round”

GE and VCs Invest $63M in 10 Cleantechs Through “Ecoimagination Challenge”

Fairfield, CT-based GE (NYSE: GE) and four venture capital partners said today they plan to invest a total of $63 million in 10 cleantech companies developing energy-related concepts in solar, communications and software, and building efficiency. The funding represents the second phase of a crowd-sourcing challenge, this time focused on “Powering Your Home,” that GE … Continue reading “GE and VCs Invest $63M in 10 Cleantechs Through “Ecoimagination Challenge””

BioMarin Grabs Plant From Pfizer

BioMarin Pharmaceutical (NASDAQ: [[ticker:BMRN]]) of Novato, CA plans to buy a biotech manufacturing facility in Ireland that’s owned by New York-based Pfizer (NYSE: [[ticker:PFE]]), according to a press release. BioMarin will purchase the plant for $48.5 million—roughly a fifth of what it would have paid to build a facility like it from scratch. BioMarin will use … Continue reading “BioMarin Grabs Plant From Pfizer”

Chirply Brings Crowdsourcing—and Good Art—to Greeting Cards

In this era of Kindles and iPads and cloud-based data storage, the idea of an Internet startup that’s actually focused on paper is more than an anachronism—it’s almost a contradiction in terms. But that’s Chirply, a Y Combinator-backed company in San Francisco that sells high-end greeting cards—and soon notebooks and wrapping paper—printed with designs from … Continue reading “Chirply Brings Crowdsourcing—and Good Art—to Greeting Cards”

StorSimple Receives $10,500,000 Series C Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c46c8491-28cf-40c7-9947-153fe79f2205&Preview=1 Date 6/23/2011 Company Name StorSimple Mailing Address 2350 Mission College Blvd Santa Clara, CA 95054 Company Description StorSimple is a venture-backed company based in Santa Clara, CA, in the heart of Silicon Valley. StorSimple’s vision is to solve application-specific challenges that are directly related to storage, and provide customers with the … Continue reading “StorSimple Receives $10,500,000 Series C Funding Round”

Touchstone Semiconductor Obtains $12,000,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2833b489-606f-40dd-b9f2-3797acc83e15&Preview=1 Date 6/23/2011 Company Name Touchstone Semiconductor Mailing Address 630 Alder Drive Milpitas, CA 95035 Company Description Touchstone Semiconductor Inc. creates high-performance analog integrated circuit (IC) solutions that solve critical issues for electronics companies. Website http://www.touchstonesemi.com Transaction Type Venture Equity Transaction Amount $12,000,000 Transaction Round Series A Proceeds Purposes The investment is … Continue reading “Touchstone Semiconductor Obtains $12,000,000 Series A Round”

Encore Career Institute Secures $15,000,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8f8325ab-3aba-4d89-856e-b0b637071aff&Preview=1 Date 6/23/2011 Company Name Encore Career Institute Mailing Address 720 University Ave Los Gatos, CA 95030 Company Description Encore Career Institute will offer students professional certificates and career counseling designed specifically for those transitioning to new careers or seeking to remain viable in today’s job market. Website http://www.encoreci.com Transaction Type Venture … Continue reading “Encore Career Institute Secures $15,000,000 Series A Financing”

Allozyne Acquires Poniard Pharmaceuticals, Finds Backdoor Route to NASDAQ

Sometimes biotech startups can find a backdoor route to going public without going to all the trouble of doing an IPO, and that’s what Seattle-based Allozyne just did today. Allozyne, the developer of a long-lasting protein drug for multiple sclerosis, said today it has agreed to a merger with San Francisco-based Poniard Pharmaceuticals (NASDAQ: [[ticker:PARD]]) … Continue reading “Allozyne Acquires Poniard Pharmaceuticals, Finds Backdoor Route to NASDAQ”

Cyterix Develops New Twist on an Old Idea, With ‘Smart Bomb’ Cancer Drugs

The folks at The Column Group like to back some of the edgiest ideas in biomedicine, and their counterparts at SV Life Sciences tend to avoid some of the risky early steps in cancer drug R&D. So I had to wonder what these two venture firms were thinking earlier this month when they poured $9.2 … Continue reading “Cyterix Develops New Twist on an Old Idea, With ‘Smart Bomb’ Cancer Drugs”

Napo Pharmaceuticals Garners $2,996,869 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c943411a-fe62-4d08-822c-374251bad038&Preview=1 Date 6/22/2011 Company Name Napo Pharmaceuticals Mailing Address 185 Berry Street San Francisco, CA 94107 Company Description Napo Pharmaceuticals focuses on the development and commercialization of proprietary pharmaceuticals for the global marketplace in collaboration with local partners. Our strategy is to focus both on higher-volume business in the emerging economies of … Continue reading “Napo Pharmaceuticals Garners $2,996,869 New Round”

Aviir Secures $3,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a3aa8e5b-079a-482c-8b61-5d3d1a2fc9a2&Preview=1 Date 6/22/2011 Company Name Aviir Mailing Address 2463 Faber Place Palo Alto, CA 94303 Company Description Aviir is a venture-funded biotechnology company developing cutting-edge, convenient diagnostic tests enabling accurate diagnosis and prognosis of cardiovascular disease. The company’s proprietary technology draws on years of research at Stanford University, and combines the scientific … Continue reading “Aviir Secures $3,000,000 New Funding”

Bromium Lands $9,200,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=27b3632c-c132-4dfa-aacb-6a882450d9cc&Preview=1 Date 6/22/2011 Company Name Bromium Mailing Address Undisclosed San Francisco, CA 94101 Company Description The company is developing mobile virtualization and security solutions. Website http://www.bromium.com Transaction Type Venture Equity Transaction Amount $9,200,000 Transaction Round Series A Proceeds Purposes Proceeds purposes from the financing were not disclosed. The company said it will … Continue reading “Bromium Lands $9,200,000 Series A Funding Round”

ScaleXtreme Lands $11,000,000 Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d34c469-f5f5-4c46-9924-c548d4cd5939&Preview=1 Date 6/22/2011 Company Name ScaleXtreme Mailing Address 540 University Avenue Palo Alto, CA 94301 Company Description Built from the ground up to be simple, scalable, and social, ScaleXtreme’s product aims to transform the way IT admins manage their Amazon EC2, VMware virtual machine and physical server deployments. ScaleXtreme was founded by … Continue reading “ScaleXtreme Lands $11,000,000 Series B Round”

VC Survey Highlights Anxiety Over Weak IPO Market

There must be some way out of here, but venture capitalists around the world say the current level of initial public offering (IPO) activity is too anemic to sustain the venture capital industry in the United States and eight other countries, according to a global VC survey. In the United States, 91 percent of the … Continue reading “VC Survey Highlights Anxiety Over Weak IPO Market”

ScaleXtreme’s $11M, led by Ignition and Accel, Shows Stronger Valley Ties with the Northwest

Personal connections between Silicon Valley and the Pacific Northwest are what make deals flow between the two regions. Today’s example is Bellevue, WA-based Ignition Partners taking the lead role for an $11 million Series B investment in Palo Alto, CA’s ScaleXtreme, a provider of online IT management software. This particular cross-border connection is personified by … Continue reading “ScaleXtreme’s $11M, led by Ignition and Accel, Shows Stronger Valley Ties with the Northwest”

Doximity: A Mobile Facebook for Doctors, but With Real Privacy Protections

LinkedIn founder and CEO Reid Hoffman likes to say that in the world of social media, Facebook is the backyard barbeque, MySpace is the dark nightclub, and LinkedIn is the office. To continue the metaphor, Twitter is the corner soapbox—and Doximity, a new social networking tool for physicians, wants to be the hospital. Or so … Continue reading “Doximity: A Mobile Facebook for Doctors, but With Real Privacy Protections”