Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3e2b0e0e-f9b2-43c1-9f10-3d87b72ca5fe&Preview=1 Date 6/7/2011 Company Name Liquid Robotics Mailing Address 1329 Moffett Park Drive Sunnyvale, CA 94089 Company Description Initially a joint venture between Jupiter Research Foundation and Roger Hine to develop an unmoored, station-keeping data buoy for monitoring humpback whales, Liquid Robotics was incorporated in January of 2007 to continue development of … Continue reading “Liquid Robotics Lands $22,000,000 New Round”
Category: San Francisco
WayIn Obtains $6,390,461 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e10d2b71-d95f-497c-887b-7b7b7c3fdc30&Preview=1 Date 6/7/2011 Company Name WayIn Mailing Address 1534 Plaza Ln. Burlingame, CA 94010 Company Description The company is currently in stealth mode. Website http://www.WayIn.com Transaction Type Venture Equity Transaction Amount $6,390,461 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. $4,999,899.65 sold as cash purchase; additional $1,390,560.92 sold in conjunction … Continue reading “WayIn Obtains $6,390,461 New Financing”
Prosper Marketplace Garners $17,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=be606ed7-862c-4921-b099-973e846f5f9b&Preview=1 Date 6/7/2011 Company Name Prosper Marketplace Mailing Address 111 Sutter Street 22nd Floor San Francisco, CA 94104 Company Description Prosper, America’s first people-to-people lending marketplace, was created to make consumer lending more financially and socially rewarding for everyone. Website http://www.prosper.com Transaction Type Venture Equity Transaction Amount $17,000,000 Transaction Round Undisclosed Proceeds … Continue reading “Prosper Marketplace Garners $17,000,000 New Financing”
Violin Memory Receives $40,000,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=38a04996-33e2-45fd-902c-9bac37235c03&Preview=1 Date 6/7/2011 Company Name Violin Memory Mailing Address 2700 Garcia Avenue Mountain View, CA 94043 Company Description Violin Memory is the ultimate solution for the company who is looking to accelerate their business critical applications and virtualize their Data Center storage with a scalable flash memory array that delivers unprecedented sustainability … Continue reading “Violin Memory Receives $40,000,000 Series C Round”
Silver Tail Systems Obtains $20,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8186e07a-1edd-495a-846b-e946d98073c3&Preview=1 Date 6/7/2011 Company Name Silver Tail Systems Mailing Address 230 S. California Ave. Palo Alto, CA 94306 Company Description Silver Tail was founded by a team of fraud prevention experts who built anti-fraud and anti-phishing tools at eBay and PayPal. Through their experience and proprietary algorithms, they have built a system … Continue reading “Silver Tail Systems Obtains $20,000,000 Series B Funding Round”
Lattice Engines Lands New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7da94e99-6995-41f1-b3f5-03d37d112423&Preview=1 Date 6/7/2011 Company Name Lattice Engines Mailing Address 1825 South Grant Avenue San Mateo, CA 94404 Company Description Lattice Engines provides analytic solutions that help customers maximize their return on sales and marketing investments. Our solutions combine advanced optimization techniques, and predictive analytics built on a very flexible data integration platform. … Continue reading “Lattice Engines Lands New Funding Round”
Kaiam Obtains $5,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0ca7eace-3c4d-4cdb-b77c-24a7cbe7e1b6&Preview=1 Date 6/7/2011 Company Name Kaiam Mailing Address 39655 Eureka Dr. Newark, CA 94560 Company Description Kaiam Corporation is a private company funded to develop products based on photonic integrated circuits (PICs). Founded by leading technologists from the optical networking industry, the team has a record of delivering breakthrough approaches that change … Continue reading “Kaiam Obtains $5,000,000 Series B Financing Round”
YapStone Receives $50,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dc20c2bd-84a3-4dc1-930d-71d730f345f6&Preview=1 Date 6/7/2011 Company Name YapStone Mailing Address 505 Sansome Eighth Floor San Francisco, CA 94111 Company Description The company provides a variety of payment technologies for the real estate industry. Website http://www.yapstone.com Transaction Type Venture Equity Transaction Amount $50,000,000 Transaction Round Undisclosed Proceeds Purposes The company will use the financing to … Continue reading “YapStone Receives $50,000,000 New Financing”
PCI In the Cloud
ExoIS and Rapid 7 sponsor a panel discussion on the growing overlap between payment card infrastructure technology and cloud computing. From the event description: “In this interesting panel discussion the panelists and moderator will discuss the following items: – Who is responsible for PCI compliance in the cloud? The provider or the customer? – How … Continue reading “PCI In the Cloud”
San Jose BioCenter Open House Tour
The San Jose BioCenter (SJBC) is a state of the art facility equipped with laboratory and office space that provides world class business and facility services to high potential life science companies. SJBC members have access to an extensive range of products, services and equipment that enables them to grow and scale successful businesses. The … Continue reading “San Jose BioCenter Open House Tour”
Salesforce.com Shows Off Designs for Mission Bay Campus
The Mission Bay area of San Francisco really was a bay once, before it was filled in during the 19th and early 20th centuries to make room for railyards and slaughterhouses. It’s still one of the lowest-lying areas in the city—and barring the construction of huge levees or dikes, it will likely be inundated once … Continue reading “Salesforce.com Shows Off Designs for Mission Bay Campus”
Exelixis Zeroes in on Lead Drug, Sees Activity in the Bones of Prostate Cancer Patients
Exelixis gambled a little more than a year ago, deciding to go “all-in” on its lead drug candidate for cancer after many investors lost interest in its strategy of building a broad pipeline with lots of different drugs. It was risky thing to do in a business where most drugs fail in clinical trials, but … Continue reading “Exelixis Zeroes in on Lead Drug, Sees Activity in the Bones of Prostate Cancer Patients”
Kno Launches iPad Textbook App
Kno, the Santa Clara, CA-based e-textbook startup founded by Chegg co-founder Osman Rashid, today announced the release of a beta version of Textbooks, an Apple iPad app that will serve as one platform for Kno’s library of digital textbooks. The app includes social commenting features, higlighting and sticky notes, and other study aids, and Kno … Continue reading “Kno Launches iPad Textbook App”
Rock Health, Say Media, Food Frenzy: The 1-Minute Version of Last Week’s Bay Area BizTech News
Memorial Day observances made last week shorter than usual, but there was enough news from the local information technology sector for any week twice its length. —San Francisco-based Rock Health, a new incubator for companies focused on using digital technologies to fix inefficiencies in the healthcare system, unveiled its first class of startups. They range … Continue reading “Rock Health, Say Media, Food Frenzy: The 1-Minute Version of Last Week’s Bay Area BizTech News”
$26M for Minerva Surgical
Cupertino, CA-based Minerva Surgical, which is developing a medical device for treating abnormal uterine bleeding in women, has raised $26.2 million in an offering of equity, options, and securities, according to a June 2 regulatory filing. Minerva’s investors are not identified in the filing, but board directors include Ali Behbahani and John Nehra of New … Continue reading “$26M for Minerva Surgical”
Infineta Collects $15M
Infineta Systems of San Jose, CA, said today it has closed a $15 million Series B funding round led by new investor Rembrandt Venture Partners. Existing investors Alloy Ventures and North Bridge Venture Partners also took part. Infineta makes switches that facilitate the movement of data within and between data centers; it has now raised … Continue reading “Infineta Collects $15M”
ACT Biotech, Scooping Up Bayer’s Cast-Off, Shows Promise With Stomach Cancer Drug
You know saying about one man’s loss being another man’s gain? That looks like the storyline that’s playing out at San Francisco-based ACT Biotech, which presented some promising results over the weekend with a new cancer drug it picked up off the scrap heap a few years ago from Germany-based Bayer (NYSE: [[ticker:BAY]]). ACT Biotech, … Continue reading “ACT Biotech, Scooping Up Bayer’s Cast-Off, Shows Promise With Stomach Cancer Drug”
The Quest For Biotech Independence: Maybe It Isn’t So Quixotic After All
Conventional wisdom a couple years ago said that the era of the independent biotech giant was over. Nobody would ever again build a multi-billion dollar, fully integrated independent biopharma company on the scale of an Amgen (NASDAQ: [[ticker:AMGN]]), or even a Gilead Sciences (NASDAQ: [[ticker:GILD]]). Drug development is too risky, time-consuming, and expensive. Investors, tired … Continue reading “The Quest For Biotech Independence: Maybe It Isn’t So Quixotic After All”
Infineta Systems Secures $15,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7b665509-f6de-43b3-b75d-87a8d6db589c&Preview=1 Date 6/6/2011 Company Name Infineta Systems Mailing Address 2870 Zanker Road San Mateo, CA 95134 Company Description Infineta Systems is leading the charge to revolutionize the way enterprises leverage network resources by delivering a highly accelerated inter-data center fabric. Website http://www.infineta.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round Series … Continue reading “Infineta Systems Secures $15,000,000 Series B Funding Round”
Aquantia Garners $21,000,000 Series E Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8b9c0932-fc1e-46b5-b5ca-b836cd8b7ab1&Preview=1 Date 6/6/2011 Company Name Aquantia Mailing Address 700 Tasman Drive Milpitas, CA 95035 Company Description Aquantia is focused on delivering 10GBASE-T physical layer silicon to drive the expansion of 10GE in the data center. Aquantia possesses a unique depth of experience in communications with solid backing from the venture capital community. … Continue reading “Aquantia Garners $21,000,000 Series E Round”
Arstasis Lands $25,500,000 Series E Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b9ccd0b3-bade-4f76-bbb0-ff4f8c1c076f&Preview=1 Date 6/6/2011 Company Name Arstasis Mailing Address 740 Bay Rd. Redwood City, CA 94063 Company Description Arstasis develops innovative vascular access devices designed to provide better solutions for arterial closure in catheterization procedures. The company has pioneered a unique approach to safely maximize patient comfort and hospital resource efficiencies by revolutionizing … Continue reading “Arstasis Lands $25,500,000 Series E Funding”
Dear Apple: Go Big with Siri and Nuance in iOS 5
As someone who served on the boards of Siri and Nuance—two companies whose technologies are rumored to be deeply integrated into Apple’s upcoming iOS 5—I might have a unique take on what’s possible at the upcoming Apple World Wide Developer Conference (WWDC ) in San Francisco June 6-10. I throw my speculations into the ring … Continue reading “Dear Apple: Go Big with Siri and Nuance in iOS 5”
The Ideas Economy: Information
The Economist presents its 2011 Ideas Economy conference, “Information: Making Sense of the Deluge.” From the event website: “The world now contains unimaginably vast amounts of digital information, which is growing exponentially. The era of big data presents incredible opportunities—smarter cities, stronger companies, faster medicine—but just as many challenges. Storage is scarce, systems overloaded and … Continue reading “The Ideas Economy: Information”
Mobile Computing Summit
Conference Concepts presents a three-day event on mobile computing in the enterprise. From the event website: “The Mobile Computing Summit brings you the latest on mobile computing in the enterprise with an emphasis on smartphones, tablets, netbooks, and laptops. This event emphasizes the effective use and management of mobile computers and the security issues surrounding … Continue reading “Mobile Computing Summit”
Venture Shift
Vator.TV and Bullpen Capital present an evening on the changes rocking the venture investing realm. From the event registration site: “There has been an emergence of a shadow venture system over the past several years as angels have institutionalized, yesterday’s successful multi-millionaire entrepreneurs have become a legitimate capital market, and incubators have re-entered the funding … Continue reading “Venture Shift”
When Two Luminaries Meet: Ursula Burns and George Colony
From the Churchill Club event listing: “Join us for an exceptional evening as two powerful industry leaders meet for a candid discussion about innovation, the economy, leadership, recent “aha moments,” how they’re viewing the market, and more on the Churchill Club stage. Ursula Burns is chairwoman and CEO of Xerox, a $22 billion global enterprise … Continue reading “When Two Luminaries Meet: Ursula Burns and George Colony”
Churchill Club Venture Capital Roundtable 2011
From the event description: “Come hear this panel of leading investors from August Capital, Felicis Ventures, First Round Capital, Google Ventures, and Venrock, in a candid conversation about the venture landscape today and tomorrow. How is the landscape changing and where is it headed? Where are venture capitalists putting their money? What are they avoiding? … Continue reading “Churchill Club Venture Capital Roundtable 2011”
Plug and Play Summer Expo
From the event website: “Plug and Play EXPO features 30 promising startups pitching to over 100 VC investors. Each startup selected will have the opportunity to “wow” investors for three minutes. Plug and Play EXPO is a unique blend of presentation sessions, one-on-one demonstrations, and networking in a highly interactive, intimate, relaxed atmosphere. See live … Continue reading “Plug and Play Summer Expo”
TheFunded Founder Showcase
From the event website: “The Founder Showcase is a quarterly startup pitch and networking event that helps launch a promising startup company to greatness. The 7th Founder Showcase will be our largest event to date – with over 450 in attendance. Guests will be treated to Keynote Speeches by two of the most influential figures … Continue reading “TheFunded Founder Showcase”
6Sight Future of Imaging Summit
From the event website: “Four summits in one event! Photo Image Capture Summit Summit Chair: Paul Worthington Photo Publishing Summit Summit Chair: Barbara Pellow Mobile Imaging Summit Summit Chair: Tony Henning Social Imaging Summit Summit Chair: Guy Kawasaki 6Sight Summit Conferences are the preeminent worldwide gatherings of imaging executives, technologists, mass merchants, lab owners, media, … Continue reading “6Sight Future of Imaging Summit”
World Antibody-Drug Conjugates Summit
From the event website: “The World ADC Summit is the first and only meeting that is completely focussed on driving forward the development of Antibody-Drug Conjugates. Building on last year’s hugely successful sell-out program, attend this meeting to address the challenges you are facing in R&D, clinical development, regulatory requirements, characterization and antibody processing. Download … Continue reading “World Antibody-Drug Conjugates Summit”
Launch: Silicon Valley
From the event description: “Launch: Silicon Valley 2011 will be held on June 7, 2011 at the Microsoft Campus in Mountain View, California. The event, co-presented by SVASE, Garage Technology Ventures and Microsoft is designed to uncover and showcase products and services from the most exciting of the newest startups in information technology, mobility, digital … Continue reading “Launch: Silicon Valley”
Brightroll V3—Video. Validation. Value.
Panelists from companies such as Innovid, PointRoll, eXelate, comScore and RapLeaf, among others, will join CEO Tod Sacerdoti and others at BrightRoll to discuss the latest hot topics in online video: new technologies and platforms, what works and what’s merely the latest trend. Free and open to the public; register here.
Hadoop Summit 2011
From the event website: “As the world’s largest contributor to and user of Apache Hadoop, Yahoo! is proud to host the 4th Annual Hadoop Summit. Learn about building, managing and operating relevant real-world applications and find out about the latest on Big Data from some of the most influential speakers in the Hadoop space. Whether you are … Continue reading “Hadoop Summit 2011”
Reinventing the Board Meeting
[This post combines Part 1 and Part 2 of a series posted this week on Steve Blank’s blog.] As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Board meetings that guide startups haven’t changed since the early 1900’s. It’s … Continue reading “Reinventing the Board Meeting”
$6M for Juice in the City
A San Mateo startup called Juice in the City said this week that it has raised $6 million in a funding round led by Tandem Entrepreneurs and HU Investments. Juice in the City is a daily deals site focused on local businesses identified and promoted by teams of moms, including mommy bloggers. “We’re now ready … Continue reading “$6M for Juice in the City”
Zendesk to Precede Twitter in Downtown SF
Help desk automation startup Zendesk said today that it has outgrown its South of Market digs at 410 Townsend Street and that it will move this summer to new quarters downtown, not far from the San Francisco Mart building that Twitter plans to occupy next year. As a new tenant at 989 Market Street, Zendesk … Continue reading “Zendesk to Precede Twitter in Downtown SF”
Mindflash Collects $4M
Palo Alto, CA-based Mindflash, which makes software that helps companies develop and administer online training courses, said this week that it has raised $4 million in new funding, bringing the total raised since December 2009 to $9 million. Previous backer The Investment Group of Santa Barbara led the round. The new capital will position Mindflash … Continue reading “Mindflash Collects $4M”
$35.8M for Miramar Labs
Sunnyvale, CA-based Miramar Labs, which has developed a laser-based device for treating “axillary hyperhidrosis” (excessive sweating), has raised $35.8 million in Series C financing, according to a report today from Dow Jones VentureWire. New investors Aisling Capital and Cross Creek Capital led the round, which was joined by existing investors Domain Associates and Morgenthaler Ventures. … Continue reading “$35.8M for Miramar Labs”
Pandora Sets IPO Terms
In a regulatory filing yesterday, Oakland, CA-based Pandora Media revealed the hoped-for terms of its upcoming public offering. The company intends to sell 5 million shares of common stock, while stockholders will sell another 8.7 million shares, at a price of $7 to $9 per share. That would bring in between $96 million and $123 … Continue reading “Pandora Sets IPO Terms”
Anthera Raises $47M
Hayward, CA-based Anthera Pharmaceuticals (NASDAQ: [[ticker:ANTH]]) said today it raised $47 million through a stock offering, after deducting expenses. The company sold about 6.7 million shares of stock at $7.50 apiece, and granted its underwriters a 30-day option to buy another 1 million shares. Citi, Leerink Swann, and Canaccord Genuity managed the offering.
Silicon Chef: A Half-Baked Guide to Food Startups
[Updated 12/06/12 with additional listings] When the ex-CEO of Pure Digital, maker of the famous Flip pocket camcorder, wins funding from Sequoia Capital to open a chain of grilled cheese sandwich shops, it may be time to abandon your own enterprise-cloud-marketing-analytics-automation venture or your social-mobile-deals-gamification startup and think about getting into the food business. I was … Continue reading “Silicon Chef: A Half-Baked Guide to Food Startups”
Redwood Systems Receives $3,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c56cc58d-dbf0-42cd-9cc3-8441c02e7bfb&Preview=1 Date 6/3/2011 Company Name Redwood Systems Mailing Address 46665 Fremont Blvd. Fremont, CA 94538 Company Description Redwood System Inc. is a company focused on commercial building energy conservation. Website http://www.redwoodsys.com Transaction Type Venture Equity Transaction Amount $3,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor … Continue reading “Redwood Systems Receives $3,500,000 New Financing Round”
mBlox Secures $13,842,730 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=89b7393d-ea53-4942-99b8-e53fac836c1b&Preview=1 Date 6/3/2011 Company Name mBlox Mailing Address 430 N. Mary Ave. Sunnyvale, CA 94085 Company Description Specializing in the commercial and technical complexities of mobile payment and message transmission, mBlox is in the business of connecting companies with customers. Website http://www.mblox.com Transaction Type Venture Equity Transaction Amount $13,842,730 Transaction Round Undisclosed … Continue reading “mBlox Secures $13,842,730 New Financing Round”
Minerva Surgical Secures $26,171,656 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cd79ddf7-cccd-404c-b1dc-f885e2ae0bf5&Preview=1 Date 6/3/2011 Company Name Minerva Surgical Mailing Address 20195 Stevens Creek Boulevard Cupertino, CA 95014 Company Description Minerva Surgical Inc. is a medical device start-up company based in the Silicon Valley in Cupertino CA. The company’s efforts are focused on women’s healthcare. Currently Minerva Surgical’s development projects are aimed at delivering … Continue reading “Minerva Surgical Secures $26,171,656 New Funding”
Rock Health, A New Incubator for Healthcare IT Startups, Names Its First Class
The summer after her first year at Harvard Business School, Halle Tecco got an internship at Apple in Cupertino, CA, helping to evaluate mobile apps for the health and medical category of the iTunes App Store. “I was on the phone all day with big hospitals and healthcare organizations who didn’t put the love into … Continue reading “Rock Health, A New Incubator for Healthcare IT Startups, Names Its First Class”
Theravance, Glaxo Lung Drug Passes Two Pivotal Trials; Two More to Go
GlaxoSmithKline is counting on a new respiratory drug it is developing with South San Francisco-based Theravance, and today the companies got some good news about the treatment. Glaxo and Theravance (NASDAQ: [[ticker:THRX]]) said today that its once-daily inhaled corticosteroid combined with a long-acting beta agonist (Relovair) passed a pair of pivotal stage studies looking at … Continue reading “Theravance, Glaxo Lung Drug Passes Two Pivotal Trials; Two More to Go”
PunchTab Raises $850K
PunchTab, a Silicon Valley startup offering an “instant loyalty program” allowing Web businesses to set up point systems that reward frequent customers, said yesterday that it had collected $850,000 in seed funding. The money came from Mohr Davidow Ventures, Embarcadero Ventures, and individual investors Venky Harinarayan, Anand Rajaraman, and Nick Sturiale. PunchTab was founded in … Continue reading “PunchTab Raises $850K”
MindFlash Secures $4,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=562a9785-b77a-4b8b-8c6a-3810256e1d5d&Preview=1 Date 6/2/2011 Company Name MindFlash Mailing Address 2825 El Camino Real Palo Alto, CA 94306 Company Description The company has created a website and service that allows companies to manage their entire training process online. Website http://www.mindflash.com Transaction Type Venture Equity Transaction Amount $4,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “MindFlash Secures $4,000,000 New Funding”
Miramar Labs Lands $35,846,047 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=00ec32dc-017b-4291-963f-ce2885d7c583&Preview=1 Date 6/2/2011 Company Name Miramar Labs Mailing Address 445 Indio Way Sunnyvale, CA 94085 Company Description Miramar Labs has developed the revolutionary miraDry treatment: a new treatment designed to provide a lasting solution for those suffering from excessive underarm sweating. Website http://www.miramarlabs.com Transaction Type Venture Equity Transaction Amount $35,846,047 Transaction Round … Continue reading “Miramar Labs Lands $35,846,047 New Financing”