Fremont, CA-based Quantenna Communications, which makes chipsets for broadband home networking over Wi-Fi, said today that it has collected $21 million in Series E financing, bringing its total venture pot to about $78 million. New investor DAG Ventures led the round, with, with existing investors Sequoia Capital, Sigma Partners, Southern Cross Venture Partners, and Venrock … Continue reading “Quantenna Tunes In $21 Million”
Category: San Francisco
Truste, Citing Location Privacy Worries, Expands Certification Program to the Mobile World
San Francisco-based Truste, the former non-profit that provides privacy certification services for the websites of nearly 3,000 organizations, is expanding into the mobile arena. Starting today, builders of mobile websites and mobile applications can submit their sites and their iPhone, iPad, Android, Blackberry, Windows Mobile, Symbian, and Palm software apps for certification by Truste. If … Continue reading “Truste, Citing Location Privacy Worries, Expands Certification Program to the Mobile World”
Recurve Refines Energy Retrofits, Sungevity Helps Homes Go Solar, BrightSource Prepares for IPO, & More Bay Area Biztech News
Last week was an unusual one at Xconomy San Francisco: it was practically all energy news, all the time. —On Tuesday I profiled Recurve, a San Francisco startup that’s systematizing the science of home energy audits and retrofitting using its own in-house software. The company eventually hopes to conduct energy audits and retrofits on a massive … Continue reading “Recurve Refines Energy Retrofits, Sungevity Helps Homes Go Solar, BrightSource Prepares for IPO, & More Bay Area Biztech News”
How the Wrong Decision in Schwarzenegger v. EMA Could Cripple Video Game Innovation
In 2005 the Terminator signed a bill to outlaw the sale of “violent” video games to anyone under 18 years of age in California. Granted, he was wearing his off-set persona as the Governor of California, but this irony flows through a case the U.S. Supreme Court is about to hear entitled Schwarzenegger v. EMA. … Continue reading “How the Wrong Decision in Schwarzenegger v. EMA Could Cripple Video Game Innovation”
Opzi Receives $1,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fb869d79-3283-4bd5-9281-81f640c1a67e&Preview=1 Date 9/27/2010 Company Name Opzi Mailing Address 101 University Ave. Palo Alto, CA 94301 Company Description The company says it is developing Web technologies that change the way people at companies share knowledge. Website http://www.Opzi.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not … Continue reading “Opzi Receives $1,000,000 New Financing”
Quantenna Communications Secures $21,000,000 Series E Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=66491ef2-051f-4f91-9711-a35d3c7167f6&Preview=1 Date 9/27/2010 Company Name Quantenna Communications Mailing Address 3450 W Warren Ave Fremont, CA 94538 Company Description Quantenna Communications Inc., is a fabless semiconductor company creating disruptive next generation MIMO based wireless chips with game-changing size, power, and performance characteristics. Website http://www.quantenna.com Transaction Type Venture Equity Transaction Amount $21,000,000 Transaction Round … Continue reading “Quantenna Communications Secures $21,000,000 Series E Round”
Buysight Secures $4,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=727ff2c1-c14e-4198-9e50-f8ea0a699098&Preview=1 Date 9/27/2010 Company Name Buysight Mailing Address 550 College Ave Palo Alto, CA 94306 Company Description Buysight is building the world’s largest index of consumer purchase intent, history and activity data, and leveraging that deep knowledge to unlock significant value for both buyers and sellers. Website http://www.buysight.com Transaction Type Venture Equity … Continue reading “Buysight Secures $4,000,000 Series A Funding Round”
Cafebots Obtains $2,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f3530b35-60e7-48ad-8851-e5510e1a3018&Preview=1 Date 9/27/2010 Company Name Cafebots Mailing Address 260 Sheridan Ave. Palo Alto, CA 94306 Company Description The company is developing as yet unspecified Internet technologies. Website Undisclosed Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor … Continue reading “Cafebots Obtains $2,000,000 New Financing”
e-Rewards Acquires Peanut Labs for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a23738fd-c113-4512-a29c-eebd39d26b6c&Preview=1 Date 9/27/2010 Company Name Peanut Labs Mailing Address 114 Sansome Street San Francisco, CA 94104 Company Description Peanut Labs is a rapidly growing online market research network backed by the investors of Skype, Yahoo eGroups and Delicious. We have created a premium online network for market research by aggregating, integrating and … Continue reading “e-Rewards Acquires Peanut Labs for Undisclosed Sum”
DotBlu Lands $1,512,066 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=300031eb-5031-4d28-b225-5a4e91ce31bd&Preview=1 Date 9/26/2010 Company Name DotBlu Mailing Address 343 Sansome Street San Francisco, CA 94104 Company Description Our members compete in a variety of different online games, like prediction questions, quizzes and online flash games. They compete against friends in a fun and friendly atmosphere for BluBucks, our virtual currency, and use … Continue reading “DotBlu Lands $1,512,066 New Financing Round”
Chegg Garners $75,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d35dc612-7124-43e9-b8ed-83ef2f023a17&Preview=1 Date 9/26/2010 Company Name Chegg Mailing Address 4655 Old Ironsides Road Santa Clara, CA 95054 Company Description Chegg, whose name is a combination of “chicken” and “egg,” was conceived out of the founders’ frustration with the used book-buying policies at their university bookstore – which would pay students a fraction of … Continue reading “Chegg Garners $75,000,000 New Financing”
Keeping the Net Healthy
Subtitled “How Can We Develop an Immune System for the Internet?,” this Commonwealth Club evening session will bring together digital luminaries Vint Cerf and Esther Dyson, along with Paul Mockapetris, the creator of the Domain Name System (DNS) and chief scientist and chairman of the board at Nominum. From the event description: “Viruses, spyware, spam, … Continue reading “Keeping the Net Healthy”
Anybots, Y Combinator’s Housemate, Brings Remote-Controlled Robots to the White-Collar World
[Video included, please scroll down] Trevor Blackwell used to think that telepresence robots were all about manipulation: being able to grasp and move things from afar. So he and his colleagues at Mountain View, CA-based Anybots spent years building robots with beautifully articulated hands that users could operate over a standard Internet connection. The company’s … Continue reading “Anybots, Y Combinator’s Housemate, Brings Remote-Controlled Robots to the White-Collar World”
Cytomx Pockets $30M, AvidBiotics Eyes Food Safety Market, Rigel Passes Arthritis Trial, & More Bay Area Life Sciences News
We had the usual wide variety of stories this week from the worlds of antibody drugs, antibiotics, medical devices, and oral small molecules. Get caught up here. —The Bay Area has a new player in the world of antibody drugs—Cytomx Therapeutics. This company, founded in February 2008 in Santa Barbara, CA, is primed to move … Continue reading “Cytomx Pockets $30M, AvidBiotics Eyes Food Safety Market, Rigel Passes Arthritis Trial, & More Bay Area Life Sciences News”
Tensilica Garners New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3ce9ad0f-9d9d-4b53-b439-f9f57d3000cb&Preview=1 Date 9/24/2010 Company Name Tensilica Mailing Address 3255-6 Scott Blvd Santa Clara, CA 95054 Company Description Develops application-tailored microprocessors. Website http://www.tensilica.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Fujitsu-Siemens
MerchantCircle Buys TimeBridge
Mountain View, CA-based MerchantCircle, which provides local merchants with online social networking tools, said yesterday that it has acquired TimeBridge, maker of a Web app for business meeting scheduling. Terms of the deal were not disclosed. “The TimeBridge team has developed innovative scheduling technologies and we are very happy to bring them on board to … Continue reading “MerchantCircle Buys TimeBridge”
Rigel Arthritis Drug Passes Trial
Rigel Pharmaceuticals (NASDAQ: [[ticker:RIGL]]), the South San Francisco-based biotech company, reported that its oral pill for rheumatoid arthritis was able to help patients who responded poorly to standard treatment with methotrexate. About two-thirds (67 percent) of patients on a twice-daily 100 milligram dose of fostamatinib (R788) saw at least a 20 percent improvement in the … Continue reading “Rigel Arthritis Drug Passes Trial”
Sungevity Founder Danny Kennedy on Making a Difference With Solar
Yesterday we published Part 1 of a Q&A with Danny Kennedy, the former Greenpeace activist and administrator who founded Oakland, CA-based Sungevity in 2007. The company’s mission is to make it easier and more affordable for homeowners to reduce their monthly utility bills by installing rooftop photovoltaic panels. The main strategy: computerize as much of … Continue reading “Sungevity Founder Danny Kennedy on Making a Difference With Solar”
Cytomx, Backed by Third Rock & Roche, Raises $30M for New Class of Antibodies
The Bay Area has a new player in antibody drug development, backed with some big bucks from the world’s largest maker of antibody drugs. CytomX Therapeutics is announcing today it has raised $30 million in a Series B venture round led by Third Rock Ventures, along with Roche Venture Fund. While CytomX is currently based … Continue reading “Cytomx, Backed by Third Rock & Roche, Raises $30M for New Class of Antibodies”
Aster Data Secures $30,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=97e850ee-b8ea-4a28-bbc1-8789989207f9&Preview=1 Date 9/23/2010 Company Name Aster Data Mailing Address 959 Skyway Road San Carlos, CA 94070 Company Description Aster transforms off-the-shelf, commodity hardware into a powerful, self-managing, and scalable analytic database capable of handling the most demanding data warehousing environments. Website http://www.asterdata.com/ Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round Series … Continue reading “Aster Data Secures $30,000,000 Series C Funding”
LinkedIn Acquires ChoiceVendor for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6852ec45-25ea-42c6-8752-5c04d03fbe46&Preview=1 Date 9/23/2010 Company Name ChoiceVendor Mailing Address Undisclosed San Francisco, CA 94123 Company Description The company provides a website that allows users to rate and review business service providers. Website http://www.choicevendor.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed.
iSites Secures $1,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=86339450-b367-4b1c-b0ab-13f48c143a15&Preview=1 Date 9/23/2010 Company Name iSites Mailing Address 825 San Antonio Rd. Palo Alto, CA 94303 Company Description The company provides a service that allows web publishers to create mobile phone applications from their website. Website http://www.isites.us Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes The company launched … Continue reading “iSites Secures $1,000,000 New Round”
Votizen Garners $1,500,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7b77292d-5747-4ca4-9163-a73362bfed29&Preview=1 Date 9/23/2010 Company Name Votizen Mailing Address 548 Market St. San Francisco, CA 94104 Company Description Our approach is simple: we authenticate your existing Facebook, Twitter and email accounts as belonging to a registered voter, and we help match you with other voters who share your views. We then automatically connect … Continue reading “Votizen Garners $1,500,000 Series A Financing Round”
Motiv Power Systems Secures $252,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4e89be9b-b6d0-4d47-ba98-d4fea1e694e2&Preview=1 Date 9/23/2010 Company Name Motiv Power Systems Mailing Address 1400 Fashion Island Blvd. San Mateo, CA 94404 Company Description Motiv designs and supplies Power Control Systems which enable electric-drive commercial vehicles to be built as easily as diesel vehicles, while providing clear benefits in operating costs, maintenance, configurability, and emissions reductions. … Continue reading “Motiv Power Systems Secures $252,000 New Round”
Sharp To Buy Recurrent
San Francisco-based Recurrent Energy, which develops distributed solar generation projects for utilities, said yesterday (PDF) that it will be acquired by Japan’s Sharp for up to $305 million in cash, subject to balance sheet adjustments. “It is essential for Sharp to function as a developer in the photovoltaic field, in order to further expand its business … Continue reading “Sharp To Buy Recurrent”
Rocket Fuel Adds $10M
Redwood Shores, CA-based Rocket Fuel,which manages a targeted display-ad network for Web publishers, said today it has raised $10 million in Series B financing. The new round, which doubles the startup’s venture pot, comes from new investors Nokia Growth Partners and Northgate Capital, with existing investors Mohr Davidow Ventures and Labrador Ventures pitching in. Using the new … Continue reading “Rocket Fuel Adds $10M”
Report: BrightSource Planning IPO
BrightSource Energy, the Oakland, CA-based developer of large-scale solar energy plants, is preparing for an initial public offering in 2011, according to a report today in Dow Jones VentureWire. The company has hired investment banks including Goldman Sachs and Morgan Stanley to manage the offering, the report said. BrightSource has raised at least $330 million … Continue reading “Report: BrightSource Planning IPO”
Sungevity, Founded by Greenpeace Activist, Tackles Climate Change as “The Amazon of Solar Electricity”
Yesterday we told you all about Recurve, a San Francisco home energy auditing and retrofitting startup whose founder argues that before energy-conscious homeowners put solar panels on the roof, they should focus on fixing what’s under it—poor insulation, leaky ducts and windows, inefficient HVAC systems, and the like. But let’s assume you’ve done all that. … Continue reading “Sungevity, Founded by Greenpeace Activist, Tackles Climate Change as “The Amazon of Solar Electricity””
Forget the Facebook Movie; Here’s the TechStars Casting Call
All this talk about “The Social Network,” and Mark Zuckerberg this and that, got me thinking. What if they made a movie about a technology company that’s doing something really innovative now? A modest company that’s expanding nationally and helping to set the agenda and culture for a new generation of techie entrepreneurs…One with deep … Continue reading “Forget the Facebook Movie; Here’s the TechStars Casting Call”
Joomla Day West
The organizers behind Joomla, the popular open-source content management system, will unveil the latest developments in their software at Joomla Day West on the eBay/PayPal campus in San Jose, CA. The three-day event will include open discussions and interactive sessions about the Joomla CMS. Information and registration here.
Focus on Discovery, Not Decision-Making, Is Key To Success
We’ve experienced a slew of “system” failures in the last years—corporate, regulatory, financial and technological—with disastrous results. Toyota suffered a huge hit to its sales and corporate prestige. The damage to the Gulf of Mexico is still being tabulated. And we’re even now trying to fully restart the economy after it was crippled by the … Continue reading “Focus on Discovery, Not Decision-Making, Is Key To Success”
Rocket Fuel Receives $10,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ed5fd52e-904d-4dd5-b71c-bf4b90622067&Preview=1 Date 9/22/2010 Company Name Rocket Fuel Mailing Address 350 Marine Parkway Redwood City, CA 94065 Company Description Rocket Fuel Inc. is a well-funded advertising technology company in Silicon Valley. Website http://www.rocketfuelinc.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round Series B Proceeds Purposes Rocket Fuel will use these funds to … Continue reading “Rocket Fuel Receives $10,000,000 Series B Round”
SAY Media Acquires Six Apart for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=78cbed3c-49c4-4914-95ce-057a4ab992ef&Preview=1 Date 9/22/2010 Company Name Six Apart Mailing Address 548 4th Street San Francisco, CA 94107 Company Description Six Apart has offices on three continents working to help people everywhere communicate using the Web. We hope we’re making it easier for you. Website http://www.sixapart.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round … Continue reading “SAY Media Acquires Six Apart for Undisclosed Sum”
MerchantCircle Acquires TimeBridge for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e19ad82-5320-4a90-8e65-5fd28dc43cd3&Preview=1 Date 9/22/2010 Company Name TimeBridge Mailing Address 1600 Shattuck Avenue Berkeley, CA 94709 Company Description TimeBridge’s one-step scheduling allows users to quickly determine the best time to meet, establish meeting-centric trust networks and automatically provision an online shared meeting space. TimeBridge transforms Microsoft Outlook into a hub for collaborative web services … Continue reading “MerchantCircle Acquires TimeBridge for Undisclosed Sum”
Sharp Corporation Acquires Recurrent Energy for $305,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=79d6bc84-df1e-4271-a734-fa1d34110e91&Preview=1 Date 9/22/2010 Company Name Recurrent Energy Mailing Address 300 California Street, 8th Floor San Francisco, CA 94104 Company Description Recurrent Energy is transforming the solar energy marketplace–bringing solar to the mainstream via our turnkey Solar as a Service offering. We are exclusively focused on serving the needs of organizations with large … Continue reading “Sharp Corporation Acquires Recurrent Energy for $305,000,000”
Involver Lands $1,308,626 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e4a348c4-d64e-48b8-bab7-b37c88740463&Preview=1 Date 9/22/2010 Company Name Involver Mailing Address 611 Mission St.7th Floor San Francisco, CA 94105 Company Description Involver’s platform powers over 30 applications built specifically for marketers engaging their audiences through Facebook, the iPhone, Twitter, and other social media channels. Website http://www.involver.com Transaction Type Debt, Venture Equity Transaction Amount $1,308,626 Transaction … Continue reading “Involver Lands $1,308,626 New Funding Round”
Lego on The Building Blocks of the New Enterprise
From the event site: “The Clearvale SecondFloor Speaker Series, in partnership with Eastwick Communications, is proud to present our second event featuring Tormod Askildsen, Head of Community Development at LEGO. A leader and innovator in community engagement, Askildsen will engage local leaders in a conversation about best practices.” Information and RSVP form here.
Boston Vs. Silicon Valley: Lawsuits Filed Against Adobe, Google, PacBio (Who’s Next?)
OK, four lawsuits filed in a month—all in the same direction—makes a trend. (Though two are from the same company.) September is shaping up to be the month of Boston versus Silicon Valley, when it comes to tech and life sciences companies trying to protect their intellectual property. —The news today is that Newton, MA-based … Continue reading “Boston Vs. Silicon Valley: Lawsuits Filed Against Adobe, Google, PacBio (Who’s Next?)”
Recurve Nails the Science of Selling Home Energy Retrofits
For Californians who want to make their houses greener and more energy-efficient, installing solar panels is often the first strategy that comes to mind. And there are many innovative Bay Area companies ready to help people do that, as I’ll describe in a story coming later this week. But Recurve president Matt Golden argues that … Continue reading “Recurve Nails the Science of Selling Home Energy Retrofits”
AvidBiotics Creates Novel Proteins that Kill Bacteria on the Farm, in the Lab, in the Body
Dave Martin is one of the people in biotech who has truly seen it all. In the ’80s, the industry’s early days, he was head of R&D at Genentech. His latest passion, which he’s pursuing with business partner Jim Knighton, is taking shape at a lean startup in South San Francisco called AvidBiotics. Their wager … Continue reading “AvidBiotics Creates Novel Proteins that Kill Bacteria on the Farm, in the Lab, in the Body”
A One-Size-Fits-All License Agreement: The Holy Grail of Tech Transfer?
One common complaint I hear from biotech entrepreneurs is that negotiating a license agreement with a university can be a nightmare. There are universities—some of them within the very top echelons of academia—that are infamous for having technology transfer people who are described as very difficult to work with. It’s not that surprising that these … Continue reading “A One-Size-Fits-All License Agreement: The Holy Grail of Tech Transfer?”
Panaya Obtains $6,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=83460edf-3d65-43d5-af9e-1a84b37b2eaf&Preview=1 Date 9/21/2010 Company Name Panaya Mailing Address 2480 Sand Hill Road Menlo Park, CA 94025 Company Description Panaya is a solution for SAP business analysts and implementers, which significantly reduces the time, costs and risks involved in SAP implementation, maintenance and upgrade. Website http://www.panayainc.com Transaction Type Venture Equity Transaction Amount $6,000,000 … Continue reading “Panaya Obtains $6,000,000 New Financing Round”
Nexant Lands $43,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=76bdf237-95a6-4d09-a7cb-50887b8d10c8&Preview=1 Date 9/21/2010 Company Name Nexant Mailing Address 101 2nd St. San Francisco, CA 94105 Company Description Nexant is a provider of intelligent grid software and clean energy solutions—pioneering, developing, and advancing electric power grid and alternative energy technologies and services. Website http://www.Nexant.com Transaction Type Venture Equity Transaction Amount $43,000,000 Transaction Round … Continue reading “Nexant Lands $43,000,000 New Financing Round”
Aryaka Networks Obtains $14,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d434c654-81a7-4319-8d5e-51ae22e39ea5&Preview=1 Date 9/21/2010 Company Name Aryaka Networks Mailing Address 691 S. Milpitas Blvd. Milpitas, CA 95035 Company Description Aryaka Networks, Inc. delivers cloud-based application acceleration and WAN optimization with true business results. Website http://www.aryaka.com Transaction Type Venture Equity Transaction Amount $14,000,000 Transaction Round Series A Proceeds Purposes The company announced the launch … Continue reading “Aryaka Networks Obtains $14,000,000 Series A Round”
Qumu Garners $8,750,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5fcf6bcc-9b4d-4d34-a9dd-b077cc28b5eb&Preview=1 Date 9/21/2010 Company Name Qumu Mailing Address 1100 Grundy Lane San Bruno, CA 94066 Company Description Qumu’s software solution enables organizations to easily capture, manage, publish and distribute live and on-demand video content while leveraging existing IT infrastructure. Website http://www.qumu.com Transaction Type Debt, Venture Equity Transaction Amount $8,750,000 Transaction Round Undisclosed … Continue reading “Qumu Garners $8,750,000 New Funding”
Quintic Receives $4,055,108 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=77ec446a-cf95-49c4-9a62-b9cc41d11331&Preview=1 Date 9/21/2010 Company Name Quintic Mailing Address 3211 Scott Boulevard Santa Clara, CA 95054 Company Description Quintic Corporation is a fabless semiconductor company that provides low-power cost-effective wireless connectivity solutions for consumer electronics, as well as personal computers and its peripherals. Quintic was founded in Silicon Valley in 2005 by seasoned … Continue reading “Quintic Receives $4,055,108 New Funding”
AcelRx Pharmaceuticals Receives $8,000,800 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5751e8cb-4813-4721-9a75-5ba6b774a53b&Preview=1 Date 9/21/2010 Company Name AcelRx Pharmaceuticals Mailing Address 575 Chesapeake Drive Redwood City, CA 94063 Company Description The company is developing a novel drug-device therapy for the treatment of breakthrough pain. Website http://www.acelrx.com/ Transaction Type Debt Transaction Amount $8,000,800 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory … Continue reading “AcelRx Pharmaceuticals Receives $8,000,800 New Financing”
Sadra Medical Obtains $4,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=62205534-04f1-4689-988c-d17145d4bff6&Preview=1 Date 9/21/2010 Company Name Sadra Medical Mailing Address 160 Knowles Drive Los Gatos, CA 95032 Company Description Sadra Medical is dedicated to developing innovative new therapies for the treatment of aortic valve disease. By developing minimally invasive alternatives to traditional surgical valve replacement, the company seeks to help improve patient care … Continue reading “Sadra Medical Obtains $4,000,000 New Financing Round”
Google Sued by Skyhook, Big Funding Rounds for Crowdsourcers Get Satisfaction and uTest, & More Bay Area BizTech News
And I thought August was busy. As September entered its third week (where did the summer go, exactly?), the news on acquisitions, fundings, product launches, and lawsuits accelerated to a manic pace. —Google was on the receiving end of a pair of lawsuits filed by Boston-based Skyhook Wireless on Wednesday. A pioneer in location-finding software … Continue reading “Google Sued by Skyhook, Big Funding Rounds for Crowdsourcers Get Satisfaction and uTest, & More Bay Area BizTech News”
SumTotal Buys Softscape
Mountain View, CA-based human resources software maker SumTotal Systems announced today that it has acquired rival Softscape of Wayland, MA. Softscape had a “head start in the HR software industry” and had developed “many advanced features” that made it an attractive merger target, according to the SumTotal announcement. “With the acquisition of Softscape, SumTotal has created … Continue reading “SumTotal Buys Softscape”