Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2e5b43fc-a085-4bf9-a6af-62daf8491b7e&Preview=1 Date 7/13/2010 Company Name Moxsie Mailing Address 555 Bryant Street #570 Palo Alto, CA 94301 Company Description Moxsie is a social marketplace that helps you discover fresh brands and boutiques with your friends and through your friends. You can find unique products from independent designers and local boutiques, get invitations to … Continue reading “Moxsie Lands $3,700,000 New Funding”
Category: San Francisco
Wellcore Receives $2,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e7c6f577-cbad-4734-8ee5-ba31ad26d1b5&Preview=1 Date 7/13/2010 Company Name Wellcore Mailing Address 2870 Zanker Rd. San Jose, CA 95134 Company Description If you fall, the Personal Activity Monitor automatically detects the fall and immediately alerts the Emergency Call Center. Website http://www.wellcore.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Wellcore Receives $2,000,000 New Financing”
Ferrotec Acquires Integrated Materials for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80d5cb9e-3a69-4e6a-a5a0-13a29c2e9c34&Preview=1 Date 7/13/2010 Company Name Integrated Materials Mailing Address 1169 Borregas Avenue Sunnyvale, CA 94089 Company Description Integrated Materials, Inc. is the semiconductor industry’s leading manufacturer of an extensive line of pure All-Silicon structures: towers, injectors, pedestals, tube liners, platens and other products vital to the manufacture of integrated circuits. Website http://www.integratedmaterials.com … Continue reading “Ferrotec Acquires Integrated Materials for Undisclosed Sum”
Trivascular Secures $60,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d035892f-88a6-4c69-b1fb-57bb212c95ce&Preview=1 Date 7/13/2010 Company Name Trivascular Mailing Address 3910 Brickway Blvd Santa Rosa, CA 95403 Company Description Trivascular is developing novel endovascular repair devices to treat abdominal aortic aneurysms (AAA). Website http://www.trivascular2.com Transaction Type Venture Equity Transaction Amount $60,000,000 Transaction Round Series C Proceeds Purposes Proceeds from the financing will be used … Continue reading “Trivascular Secures $60,000,000 Series C Financing”
hi5 Networks Secures $14,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0b60f4a3-8546-4ca0-8fd4-59bffe2aec08&Preview=1 Date 7/13/2010 Company Name hi5 Networks Mailing Address 55 Second Street San Francisco, CA 94105 Company Description While on hi5, members discover friends, artists, and content. hi5 provides a platform for established artists, underground talent, and everyday people to all gain prominence amongst a worldwide audience. Our members voice their opinions … Continue reading “hi5 Networks Secures $14,000,000 Series B Round”
Gates, Khosla Invest $23M in Detroit’s EcoMotors to Develop Efficient Engine
Bill Gates is betting $23 million that the internal combustion engine still has a few good years left in it. The Microsoft chairman, along with Menlo Park, CA-based Khosla Ventures, has invested in Troy, MI-based EcoMotors International. What they’re betting on is EcoMotors’ opposed-piston, opposed-cylinder (OPOC) technology for gas and diesel engines. EcoMotors says its … Continue reading “Gates, Khosla Invest $23M in Detroit’s EcoMotors to Develop Efficient Engine”
Filing: Webfilings Adds $5.1M
Webfilings, which has offices in Los Altos, CA, and Ames, IA, has collected $5.1 in equity-based funding in a round that could total as much as $12.5 million, according to a regulatory filing with the SEC. Some 33 investors participated in the round; their identities have not been disclosed. The company, whose software helps businesses manage … Continue reading “Filing: Webfilings Adds $5.1M”
Mobile Iron Collects $16M
Mobile Iron, a Mountain View, CA-based startup whose software helps enterprises manage smartphone usage by employees, has raised an additional $16 million in equity-based financing, according to a regulatory filing. Mobile Iron previously raised $11 million in Series B funding in August, 2009 from a group that included Norwest Venture Partners, Sequoia Capital, and Storm … Continue reading “Mobile Iron Collects $16M”
Webinar: Bilski v. Kappos: What Does it Mean for Biotech?
Intellectual property lawyers will address how the biotech industry can respond to the patent and intellectual property implications of Bilski v. Kappos, at this webinar hosted by Nixon Peabody. Register here.
Will Jelli’s Crowdsourcing Kill the Radio Stars (and Save the Stations)? Stay Tuned
As the Web enters its third decade, it’s getting harder to think of industries that haven’t been transformed in major ways by its ubiquitous, disintermediating, democratizing force. But we wrote about one of them last week—banking—and there’s another that’s just as ubiquitous as the Web itself: broadcast radio. “If Alexander Graham Bell came from the … Continue reading “Will Jelli’s Crowdsourcing Kill the Radio Stars (and Save the Stations)? Stay Tuned”
Maveron, VC Firm and Consumer Trendspotter, Sees Growth in Healthcare for People and Pets
Maveron, the venture firm co-founded by Starbucks mogul Howard Schultz and Dan Levitan, has carved out its niche in spotting consumer trends over the past dozen years. One of the big opportunities that Maveron sees emerging now is the transformation in how healthcare is delivered and paid for. Not just for people, but for pets, … Continue reading “Maveron, VC Firm and Consumer Trendspotter, Sees Growth in Healthcare for People and Pets”
Mobile Iron Secures $16,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e7b1cc97-ecd9-4233-93b6-b2a0a911e733&Preview=1 Date 7/12/2010 Company Name Mobile Iron Mailing Address 1320 Chesapeake Terrace Sunnyvale, CA 94089 Company Description MobileIron was founded to bring simplicity to the chaos of smartphones in the enterprise. Smartphones are quickly becoming the primary personal communications and computing platform for business. However, they introduce cost, risk, and usability challenges … Continue reading “Mobile Iron Secures $16,000,000 New Funding”
Johnson & Johnson Acquires Micrus Endovascular for $480,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1b46d12d-c554-49b8-9910-d51556ba07fe&Preview=1 Date 7/12/2010 Company Name Micrus Endovascular Mailing Address 821 Fox Lane San Jose, CA 95131 Company Description Micrus Endovascular manufactures and markets both implantable and disposable medical devices used in the treatment of cerebral vascular diseases. Our products are used by interventional neuroradiologists and neurosurgeons primarily to treat cerebral aneurysms in … Continue reading “Johnson & Johnson Acquires Micrus Endovascular for $480,000,000”
EMeter Collects $12.5M
EMeter, a San Mateo, CA-based maker of software that helps gas, electric, and water utilities manage smart meters, announced yesterday that it has raised $12.5 million in a round of equity-based funding led by Sequoia Capital and Foundation Capital, with participation by newcomer Northgate Capital. “Given the exponential growth of the Smart Grid industry over … Continue reading “EMeter Collects $12.5M”
Sex, Power, and Money: Dave McClure Tells Web Startups to Tap Into Consumers’ ‘Reptilian Psyche’
Dave McClure is a dynamic guy. I had the pleasure of hearing him speak to a small audience of tech startup founders in Seattle earlier this week. His impassioned message to entrepreneurs was, first of all, to take risks and be ambitious, and second, to build something that people really, really care about. That sounds … Continue reading “Sex, Power, and Money: Dave McClure Tells Web Startups to Tap Into Consumers’ ‘Reptilian Psyche’”
Adventures in YouTube-Land: The Making of “World Wide Wade Goes West”
It’s one of the cardinal rules of startup life: stick to your knitting. Don’t get distracted by all the cool things you could do, at the expense of the thing you already do well. At Xconomy, we’ve followed that rule pretty well: We’re journalists who write about technology and entrepreneurship for a living, and we … Continue reading “Adventures in YouTube-Land: The Making of “World Wide Wade Goes West””
Corey Goodman’s New Startup, UCSF Spinoff Raises $40M, Gail Maderis Gives Back, & More Bay Area Life Sciences News
We covered a variety of subjects on the biotech beat this week—cloud computing for genomics, a new idea for bioinformatics, an environmental health startup co-founded by Corey Goodman, and a profile of the new CEO of BayBio. Read on to catch up on the week’s headlines. —Gail Maderis has spent a career working up the … Continue reading “Corey Goodman’s New Startup, UCSF Spinoff Raises $40M, Gail Maderis Gives Back, & More Bay Area Life Sciences News”
Theranos Lands $45,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bf798925-ff7e-4559-9ced-c8be738eae6f&Preview=1 Date 7/9/2010 Company Name Theranos Mailing Address 3200 Hillview Avenue Palo Alto, CA 94304 Company Description Theranos is pioneering an industry around the integration of nano and bio technologies into real-time informatics systems. We are developing a fundamental platform of customized therapy for individual patients. Website http://www.theranos.com Transaction Type Venture Equity … Continue reading “Theranos Lands $45,000,000 New Financing Round”
Theranos Raises $45M For Personalized Medicine
Theranos, the Palo Alto, CA-based company that seeks to put together health IT systems that support more personalized medicine, has raised $45 million in new equity and option financing in a deal that could ultimately be worth as much as $100 million, according to a regulatory filing. Theranos didn’t issue a statement today about the … Continue reading “Theranos Raises $45M For Personalized Medicine”
Xactly Raises $7.5M
San Jose, CA-based Xactly, which makes software for automating the tracking of commission-based compensation for sales staff, has raised $7.5 million in equity-based financing in a round that could total as much as $12.5 million, according to a regulatory filing published today. The identities of the investors weren’t disclosed, and Xactly representatives were not immediately … Continue reading “Xactly Raises $7.5M”
$5M for Aurora Feint
Burlingame, CA-based Aurora Feint, maker of the OpenFeint social mobile gaming platform used by thousands of Apple iPhone, iPod touch, and iPad developers, has raised $5 million in new funding from Chinese gaming company The9 Ltd. and technology incubator YouWeb, according to a report in VentureWire. The company plans to use some of the funds … Continue reading “$5M for Aurora Feint”
iPierian Nabs $22M, Names New CEO
iPierian, the South San Francisco-based developer of stem cell technology for drug discovery, said today it has raised $22 million in a Series B venture financing. Google Ventures led the round, which included Mitsubishi UFJ Capital, ATEL Ventures, Kleiner Perkins Caufield & Byers, Highland Capital Partners, MPM Capital, and FinTech Global Capital. In connection with … Continue reading “iPierian Nabs $22M, Names New CEO”
Synchronoss Buys FusionOne
FusionOne, a 12-year-old maker of software for transferring contact information and other content between mobile phones, will be purchased by Bridgewater, NJ-based Synchronoss (NASDAQ: [[ticker:SNCR]]), the companies said yesterday. Synchronoss, which makes systems that automate new-subscriber activation on mobile networks, will pay $40 million up front for FusionOne ($32 million of that in cash, and … Continue reading “Synchronoss Buys FusionOne”
Innovating Where Banks Won’t: Talking with Rich Aberman About WePay’s Vision for Group Payments
It’s too bad the economic collapse of 2008-2009 gave “financial innovation” a bad name, because the online banking and payments sector could actually use a lot more of it. When’s the last time your bank’s website surprised you with a cool new feature or service? For that matter, when’s the last time PayPal rolled out … Continue reading “Innovating Where Banks Won’t: Talking with Rich Aberman About WePay’s Vision for Group Payments”
Gail Maderis, the Boston Biotech Exec Who Came Home to SF, Seeks to Give Back at BayBio
Gail Maderis built a career as a biotech executive in Boston, where she got involved early enough to help shape the rules of the industry that companies live under today. But after more than two decades in New England, Maderis has become one of the key players in the San Francisco Bay Area, the place … Continue reading “Gail Maderis, the Boston Biotech Exec Who Came Home to SF, Seeks to Give Back at BayBio”
Will New Radiation Labels Affect Mobile Phone Sales?
A new law is about to go into effect in San Francisco requiring sellers of mobile phones to post the “Specific Absorption Rate” (SAR) levels of the devices. How will conveying this information to consumers affect sales of mobile phones and devices—and which manufactures will feel the burden of this new stigma? The Cellular Telecommunications … Continue reading “Will New Radiation Labels Affect Mobile Phone Sales?”
Mall Networks Lands $6.6M More to Push Online Shopping and Rewards Platform
Online shopping—and rewards programs in particular—seem to be on the rise. Mall Networks, a promoter of online customer loyalty programs, has closed a new $6.6 million round of venture funding, according to a regulatory filing with the SEC. Attempts to reach the company, which is headquartered in Lexington, MA, and has an office in Silicon … Continue reading “Mall Networks Lands $6.6M More to Push Online Shopping and Rewards Platform”
iPierian Garners $22,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2243d1cf-e0e2-4510-ab68-5bc405168f2d&Preview=1 Date 7/8/2010 Company Name iPierian Mailing Address 951 Gateway Blvd South San Francisco, CA 94080 Company Description iPierian is a pioneering biopharmaceutical company that is taking the cutting-edge technologies of cellular reprogramming and directed differentiation to an entirely new level to harness the power of induced pluripotent stem cells to advance … Continue reading “iPierian Garners $22,000,000 Series B Financing”
eMeter Lands $12,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b080e9c2-0f47-42bd-a5aa-85a171682420&Preview=1 Date 7/8/2010 Company Name eMeter Mailing Address 2215 Bridgepointe Parkway San Mateo, CA 94404 Company Description eMeter is a software products and implementation services company serving the utility market place. We understand that today’s utility is as much as a part of the information economy as it is the economy of … Continue reading “eMeter Lands $12,500,000 New Round”
Coveroo Garners $2,300,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=24b623d2-c30e-4db7-919f-986532c2e8fa&Preview=1 Date 7/8/2010 Company Name Coveroo Mailing Address 333 Bryant St. San Francisco, CA 94107 Company Description We are a team of dedicated fun loving professionals on a mission to personalize every electronic device in the world. We all share a love of self expression even though some of us came from … Continue reading “Coveroo Garners $2,300,000 Series B Funding”
Aurora Feint Secures $5,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f76afad2-84d4-4470-a198-bf0461b94f3c&Preview=1 Date 7/8/2010 Company Name Aurora Feint Mailing Address 330 Primrose Rd. Burlingame, CA 94010 Company Description Aurora Feint Inc. develops mobile games and operates OpenFeint, a leading mobile social platform and application for smartphones. OpenFeint includes a set of online game services such as leaderboards and achievements running in a cloud … Continue reading “Aurora Feint Secures $5,000,000 New Funding Round”
Alpha Orthopaedics Garners $2,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=096b5dc4-9351-47b6-ab84-f09585a1e201&Preview=1 Date 7/8/2010 Company Name Alpha Orthopaedics Mailing Address 23575 Cabot Blvd. Hayward, CA 94545 Company Description ReleF Technology is utilized in a unique non-invasive therapeutic intervention to relieve pain originating from musculoskeletal conditions. This innovative approach equips physicians with a truly effective non-invasive option, preserving invasive measures for recalcitrant cases. ReleF … Continue reading “Alpha Orthopaedics Garners $2,000,000 New Financing”
NexTag Acquires Wize.com for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=95295817-9976-447e-bb98-61c70f13dd98&Preview=1 Date 7/8/2010 Company Name Wize.com Mailing Address 1670 South Amphlett Blvd San Mateo, CA 94402 Company Description Wize.com is not made up of product experts or reviewers. Like you, we want to buy the best products out there, but we don’t have the time to comb the web for every bit … Continue reading “NexTag Acquires Wize.com for Undisclosed Sum”
Facebook Acquires NextStop for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=66202e3b-d98d-4e98-824a-08f20abf1c61&Preview=1 Date 7/8/2010 Company Name NextStop Mailing Address 650 Townsend St. San Francisco, CA 94103 Company Description We help you discover the most interesting things to do around the world. Say hello & share your own experiences with us so we can tweet them! Website http://www.nextstop.com Transaction Type M&A Transaction Amount Undisclosed … Continue reading “Facebook Acquires NextStop for Undisclosed Sum”
Calithera, a UCSF Spinoff, Raises $40M to Develop Cancer Drugs
One of the nation’s biggest biotech startup deals of the year just emerged from UC San Francisco. Calithera, a company with roots in the lab of Jim Wells, has raised $40 million to develop new cancer drugs. The financing was led by Morgenthaler Ventures, and included US Venture Partners, Advanced Ventures, Delphi Ventures, as well … Continue reading “Calithera, a UCSF Spinoff, Raises $40M to Develop Cancer Drugs”
World Wide Wade Goes West—Episode VII: Denver, CO
Well, I made it to San Francisco! I officially occupied my new Potrero Hill loft (which will double as Xconomy’s San Francisco bureau) Tuesday morning. But I don’t have an Internet connection there yet, so I’m writing this at the Starbucks on 16th and Kansas. Which means I’m feeling right at home—we depended on Starbucks … Continue reading “World Wide Wade Goes West—Episode VII: Denver, CO”
Genentech Seeks FDA Nod for T-DM1
Genentech, the South San Francisco-based unit of Roche, said it has turned in its application to the FDA to start selling a souped-up version of the hit breast cancer drug trastuzumab (Herceptin). The new antibody is attached to a toxin to give it more tumor-killing punch. The drug, known as T-DM1, was developed by Genentech … Continue reading “Genentech Seeks FDA Nod for T-DM1”
DNAnexus Seeks to Capitalize on Data Pile-Up, as Leader in Genomic Analysis Software
The time is right for someone to come along and build a great company in bioinformatics, according to Andreas Sundquist. He’s betting it will be his team at Palo Alto, CA-based DNAnexus. Scientists have been complaining for years about massive amounts of data piling up on their servers as gene sequencing instruments have become ever … Continue reading “DNAnexus Seeks to Capitalize on Data Pile-Up, as Leader in Genomic Analysis Software”
The Open Science Shift
Recent years have seen technological revolutions in informatics, communications, and the life sciences. Xconomy readers are deeply engaged with these trends, but may be unaware of the most important development of all, the transition (sometimes painful), to an Open Science system better suited for a global, networked, knowledge economy. Sadly, rapid technical progress has thus … Continue reading “The Open Science Shift”
Greenplum Purchase Gets EMC into the Big Data Game
[Corrected July 8, 2010, 10:20 a.m.; see below] Boston is already a powerhouse in “big data.” It’s home to companies like Netezza, Dataupia, Vertica, and Lightwolf Technologies, which all help enterprises manage and mine the huge databases used in business intelligence applications. It was the site of the first “Boston Big Data Summit” last fall. … Continue reading “Greenplum Purchase Gets EMC into the Big Data Game”
Qewz Receives $174,999 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1b64d858-b900-4fd6-a5bd-99742d00150b&Preview=1 Date 7/7/2010 Company Name Qewz Mailing Address Undisclosed San Francisco, CA 94105 Company Description Qewz highlights articles that represent competing and contrasting perspectives on major news events. Website http://www.qewz.com Transaction Type Venture Equity Transaction Amount $174,999 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Undisclosed
Synchronoss Technologies Acquires FusionOne for $75,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0767485b-af41-4826-9d51-dc7bf33aca6e&Preview=1 Date 7/7/2010 Company Name FusionOne Mailing Address 55 Almaden Blvd. 5th Floor San Jose, CA 95113 Company Description FusionOne’s products and services enable mobile phone users to enhance their productivity while safeguarding personal data. Website http://www.fusionone.com Transaction Type M&A Transaction Amount $75,000,000 Transaction Round Proceeds Purposes M&A Terms The deal includes … Continue reading “Synchronoss Technologies Acquires FusionOne for $75,000,000”
Calithera Biosciences Receives $40,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e190caed-643d-451a-8f5d-024e13a44d12&Preview=1 Date 7/7/2010 Company Name Calithera Biosciences Mailing Address Undisclosed San Francisco, CA 94100 Company Description The company is developing a new class of anticancer therapeutics based on activation of caspases. Website Undisclosed Transaction Type Venture Equity Transaction Amount $40,000,000 Transaction Round Series A Proceeds Purposes Specific proceeds purposes were not disclosed. … Continue reading “Calithera Biosciences Receives $40,000,000 Series A Round”
DFINE Garners $36,200,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f2003073-77b9-4bc2-9a86-24582c6a5798&Preview=1 Date 7/7/2010 Company Name DFINE Mailing Address 3047 Orchard Parkway San Jose, CA 95134 Company Description The company develops electrosurgical systems for treating tissue. Website http://www.dfineinc.com Transaction Type Venture Equity Transaction Amount $36,200,000 Transaction Round Undisclosed Proceeds Purposes This funding will enable us to put additional resources in the field to … Continue reading “DFINE Garners $36,200,000 New Financing”
Applied MicroStructures Secures $2,250,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f25f016a-b787-42a5-99a0-9bbb7d7f3811&Preview=1 Date 7/7/2010 Company Name Applied MicroStructures Mailing Address 1020 Rincon Circle San Jose, CA 95131 Company Description AMST created and developed Molecular Vapor Deposition (MVD™): a breakthrough proprietary nanotechnology that enables the growth of ultra-thin films with a wide range of functionalities. These films are deposited in a vacuum chamber at … Continue reading “Applied MicroStructures Secures $2,250,000 New Financing Round”
Crescendo Bioscience Secures $37,600,004 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3db41c44-498a-40d3-9820-c3d9d4a6842c&Preview=1 Date 7/7/2010 Company Name Crescendo Bioscience Mailing Address 341 Oyster Point Blvd South San Francisco, CA 94080 Company Description Crescendo Bioscience is developing a broad range of quantitative, objective diagnostic tools to provide Rheumatologists with deeper clinical insights to more effectively manage patients with autoimmune and inflammatory diseases. Website http://www.crescendobio.com Transaction … Continue reading “Crescendo Bioscience Secures $37,600,004 New Funding”
Boeing Acquires Narus for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4587101d-02a6-4b25-abb4-68450144427a&Preview=1 Date 7/7/2010 Company Name Narus Mailing Address 570 Maude Court Sunnyvale, CA 94085 Company Description With its patented technology and processes, Narus helps customers like AT&T, Brasil Telecom, Korea Telecom, KDDI, Telecom Egypt, Saudi Telecom, France Telecom and T-Mobile in areas of network security, traffic classification and monitoring. Website http://www.narus.com Transaction … Continue reading “Boeing Acquires Narus for Undisclosed Sum”
Lockerz.com Raises Cash From Kleiner Perkins for Social Commerce Site
Seattle-based startup Lockerz is a new kind of social networking service—an invitation-only social commerce site where the ultimate goal is for members to earn rewards for their online interaction. Through the site, members collect points redeemable for discounts on brand name products by connecting with friends, watching videos, shopping online, and otherwise engaging in the … Continue reading “Lockerz.com Raises Cash From Kleiner Perkins for Social Commerce Site”
World Wide Wade Goes West—Episode VI: Wall, South Dakota
If Xconomy had an official interstate highway, it would be I-90. The longest highway in the whole interstate system, it stretches 3,099 miles from Logan Airport in Boston (Xconomy’s birthplace) to Safeco Field in Seattle (the second city in our network). On our way to San Francisco, we followed I-90 from Boston to Buffalo, and … Continue reading “World Wide Wade Goes West—Episode VI: Wall, South Dakota”
What Google’s $700M Acquisition of ITA Means to Boston, and to Competition with Expedia, Bing, and Kayak
This deal has a little bit of everything. A compelling startup story, technology used by millions of consumers, big company strategy and competition, antitrust issues, and, on top of all that, a really significant local innovation angle. I’m talking, of course, about last week’s $700 million acquisition of Cambridge, MA-based ITA Software by Google. ITA’s … Continue reading “What Google’s $700M Acquisition of ITA Means to Boston, and to Competition with Expedia, Bing, and Kayak”