Automattic Acquires Plinky for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=532b7d91-447f-4a07-84d9-3a4b766bd3ec&Preview=1 Date 6/27/2010 Company Name Plinky Mailing Address 985 Moraga Road Lafayette, CA 94549 Company Description Plinky, Inc. is a new company working on a fun social media application. Website http://www.plinky.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed.

Gilead Buys CGI for Up To $120M

Gilead Sciences (NASDAQ: [[ticker:GILD]]), the Foster City, CA-based biotech company, said today it has agreed to acquire Branford, CT-based CGI Pharmaceuticals for as much as $120 million. Gilead has agreed to pay the majority of that sum upfront, and CGI could receive the rest if it achieves certain progress in clinical development. CGI has developed … Continue reading “Gilead Buys CGI for Up To $120M”

26 Apps to Drive Your iPad Wild!

Being one of the earliest of early adopters—I got my first iPad about half an hour after they went on sale on April 3—I’m often asked by friends, family members, and readers about my favorite iPhone and iPad applications. I’ve written plenty of columns about iPhone apps, so now it’s the iPad’s turn. Given the … Continue reading “26 Apps to Drive Your iPad Wild!”

Genentech’s Souped-Up Antibody, Reg Kelly’s Mission, LS9 Nears Moment of Truth & More Bay Area Life Sciences News

We know the news and features move fast on our site, and it can be hard to keep up with everything we write every day. So here’s a weekly roundup to help you catch up. This one is especially big, since we started publishing Xconomy San Francisco on June 14 and I’m actually summing up our first … Continue reading “Genentech’s Souped-Up Antibody, Reg Kelly’s Mission, LS9 Nears Moment of Truth & More Bay Area Life Sciences News”

26 Apps to Drive Your iPad Wild!

NEXT APP >> 1. Bento for iPad — This $4.99 app from Filemaker, an Apple subsidiary, is my favorite app for making to-do lists (see this May 14 column). Of course, it’s vastly more powerful than that. Based on the Macintosh desktop application of the same name, Bento is a sophisticated yet easy-to-use front end … Continue reading “26 Apps to Drive Your iPad Wild!”

Playdom Acquires Hive7 for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7acb2580-8a04-4d3f-90d6-a5e6ea6a5455&Preview=1 Date 6/25/2010 Company Name Hive7 Mailing Address Undisclosed Palo Alto, CA 94301 Company Description The company is a social gaming startup whose lead gaming title is called Knighthood. Website http://www.hive7.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed.

Startup School, Round Two: The 2010 Xconomy Guide to Venture Incubators

A common trait among entrepreneurs is their distaste for working alone. Fortunately, there are programs across the country that aim to surround startups with entrepreneur comrades, seasoned execs, and investors, to provide both community and guidance. We rounded up these programs last year in the inaugural Xconomy Guide to Venture Incubators, and are back again … Continue reading “Startup School, Round Two: The 2010 Xconomy Guide to Venture Incubators”

Mobile Developers Flocking to Tablets in Wake of iPad’s Launch, Survey Shows

If mobile software developers were reserving judgment about tablet computers as a platform for new apps and services, the events of the last three months—principally, of course, the advent of the iPad—seem to have changed their minds. Developers are stampeding to tablets now, and it’s about more than just the iPad. Mountain View, CA-based Appcelerator … Continue reading “Mobile Developers Flocking to Tablets in Wake of iPad’s Launch, Survey Shows”

Three Ways the Bay Area Can Become a Stronger Place for Cleantech

As the new CEO of a Bay Area energy biotech company coming from a major oil company, I have a bit of an outsider’s view.  Here are my suggestions: 1. Understand that not every problem has a quick solution. Years of startups and venture investing in tech companies have conditioned a lot of people to … Continue reading “Three Ways the Bay Area Can Become a Stronger Place for Cleantech”

Fixing the Broken Model: Look Inside Your Company

You know that ominous figure people always talk about, that one staggering number—$1.3 billion these days—that represents the cost to develop and market a drug? It is, to be sure, way too high and unsustainably so. The billions of dollars that have been invested to discover the next generation of blockbusters have, for the most … Continue reading “Fixing the Broken Model: Look Inside Your Company”

Triggit Receives $4,200,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7e47a90e-e95e-4a2c-a1fe-422d277bd718&Preview=1 Date 6/24/2010 Company Name Triggit Mailing Address 142 S Van Ness Ave San Francisco, CA 94103 Company Description The company has developed a price comparison tool to assist online shoppers. Website http://www.triggit.com Transaction Type Venture Equity Transaction Amount $4,200,000 Transaction Round Series A Proceeds Purposes The San Francisco-based company said it … Continue reading “Triggit Receives $4,200,000 Series A Round”

IQ Engines Lands $1,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0c6b7e02-b901-43af-9d0c-59b65f0cad67&Preview=1 Date 6/24/2010 Company Name IQ Engines Mailing Address 2039 Shattuck Ave. Berkeley, CA 94704 Company Description IQ Engines recognizes and labels photos, monetizing images by matching them to relevant retailers and advertisers. Our image recognition engine is fast, accurate and scalable. We provide image intelligence service via a defined API interface … Continue reading “IQ Engines Lands $1,000,000 New Round”

GetJar Networks Garners $11,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2b387baf-8c9e-46d6-9843-5e704954a1f3&Preview=1 Date 6/24/2010 Company Name GetJar Networks Mailing Address 1500 Fashion Island Blvd. San Mateo, CA 94404 Company Description GetJar is the world’s largest cross platform app store with over a half billion downloads to date. The company provides more than 50,000 mobile applications across all major handsets and platforms to consumers … Continue reading “GetJar Networks Garners $11,000,000 Series B Funding”

Cerimon Pharmaceuticals Receives $1,000,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fa1d7d3f-a721-4fb4-a114-a2419b024345&Preview=1 Date 6/24/2010 Company Name Cerimon Pharmaceuticals Mailing Address 701 Gateway Boulevard South San Francisco, CA 94080 Company Description Cerimon Pharmaceuticals, Inc. is a biopharmaceutical company dedicated to bringing innovative therapeutics to patients with substantial, unmet medical needs. Website http://www.cerimon.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Series A Proceeds … Continue reading “Cerimon Pharmaceuticals Receives $1,000,000 Series A Financing”

Sencha Garners $14,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a7a31460-03c9-4568-af4c-dd1dd9f9a62b&Preview=1 Date 6/24/2010 Company Name Sencha Mailing Address 525 University Ave. Palo Alto, CA 94301 Company Description Sencha Touch is the world’s first app framework built specifically to leverage HTML5, CSS3, and Javascript for the highest level of power, flexibility, and optimization. We make specific use of HTML5 to deliver components like … Continue reading “Sencha Garners $14,000,000 New Financing Round”

Alibaba Acquires Vendio for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=59c8c571-a485-4ccf-8b5a-56c7b20f241b&Preview=1 Date 6/24/2010 Company Name Vendio Mailing Address 2800 Campus Drive San Mateo, CA 94403 Company Description As an eBay Certified Provider and the first licensed member of eBay API program, Vendio is the leading provider of services that help merchants to reach consumers, manage transactions, and profitably grow their businesses. Dealio, … Continue reading “Alibaba Acquires Vendio for Undisclosed Sum”

Investment Banking Advisor Points to the Exit for Venture-Backed Startups

Founders of venture-backed startups should be building their business to go public through an IPO, but it is far more likely they will get acquired instead, according to former investment banker Steve Fletcher, who is now a managing director in the San Francisco office of GCA Savvian Advisors. Fletcher, who was a keynote speaker this … Continue reading “Investment Banking Advisor Points to the Exit for Venture-Backed Startups”

Borders Joins E-Reader Price Wars with Kobo Device, Gift Cards, New Apps, Even A Free Cup of Joe

This isn’t quite the $49 “paperback Kindle” that marketing guru Seth Godin has been urging Amazon to build, but Ann Arbor, MI-based bookseller Borders is firing another shot in the e-reader price wars brought on by the introduction of Apple’s iPad, which scared the bejeezus out of the nascent industry. Borders has announced that it … Continue reading “Borders Joins E-Reader Price Wars with Kobo Device, Gift Cards, New Apps, Even A Free Cup of Joe”

Lowe’s Puts $8M into Recurve

San Francisco-based home energy auditing and retrofitting company Recurve, formerly known as Sustainable Spaces, has collected $8.1 million in an equity-based funding round that could eventually total $9 million, according to regulatory documents filed last week. A report today in VentureWire says the investors in the round include the Lowe’s home improvement chain as well … Continue reading “Lowe’s Puts $8M into Recurve”

$33M More for Playdom

VentureWire reports today that Mountain View, CA-based Playdom, maker of popular social games on MySpace and Facebook such as Mobsters and Treetopia, has added $33 million to its original $43 million Series A round, which closed in November 2009. The new funding comes from Bessemer Ventures Partners, New World Ventures, and Steamboat Ventures, according to … Continue reading “$33M More for Playdom”

Ablexis Maps Out New Antibody Drug Strategy with $12M From Third Rock, Pfizer

Antibodies that can zero in on specific diseased cells are some of the biggest-selling and fastest-growing fields in all of biotech. Yet after three decades of R&D, if you talk to people who try to discover these things, they’ll tell you it’s a long and risky slog to get any good candidates for clinical trials. … Continue reading “Ablexis Maps Out New Antibody Drug Strategy with $12M From Third Rock, Pfizer”

Consumer Genetics Needs More Transparency, Not Excessive Regulation

[Editor’s Note: Daniel MacArthur, a researcher at the Wellcome Trust Sanger Institute in Cambridge, UK, and the author of Genetic Future, co-wrote this post.] Are you ready for consumer genetics? Is your government? Recent announcements of federal investigations into the budding direct-to-consumer (DTC) genetic testing industry suggest that authorities are preparing to increase regulation of … Continue reading “Consumer Genetics Needs More Transparency, Not Excessive Regulation”

Etude on the iPad—A Young Boston Developer Follows the Music to San Francisco

Dan Grover has seen a lot. He’s taken courses through the University of Nebraska in Lincoln and studied at Northeastern University in Boston. He’s had his own independent application development company since 2004. He’s been a staff developer at Boston-based uLocate (now Where) and Palo Alto, CA-based Tapulous. The Mac desktop program he built, ShoveBox, … Continue reading “Etude on the iPad—A Young Boston Developer Follows the Music to San Francisco”

ViaCLIX Obtains $3,100,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ab3555bf-e6ef-415f-8879-1e3756f6e813&Preview=1 Date 6/23/2010 Company Name ViaCLIX Mailing Address 16795 Lark Ave Los Gatos, CA 95032 Company Description ViaCLIX’s multi-patented integration of software and hardware merge together the power of television with the depth and scope of the Internet, providing users with a broad range of entertainment and information access directly on their … Continue reading “ViaCLIX Obtains $3,100,000 New Round”

Nimbula Garners $5,750,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b0a4df7d-179f-407a-a54d-59ebb66af700&Preview=1 Date 6/23/2010 Company Name Nimbula Mailing Address 3000 Sand Hill Road Menlo Park, CA 94025 Company Description Nimbula delivers a new class of cloud infrastructure and services system that uniquely combines the flexibility, scalability and operational efficiencies of the public cloud with the control, security and trust of today’s most advanced … Continue reading “Nimbula Garners $5,750,000 Series A Round”

PapayaMobile Garners $4,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=632bdaff-e099-407d-a226-a8045b22013f&Preview=1 Date 6/23/2010 Company Name PapayaMobile Mailing Address Undisclosed Menlo Park, CA 94025 Company Description PapayaMobile provides third party developers with an open-API, cross-platform mobile social networking service (SNS) focusing on social games and virtual goods. Website http://www.papayamobile.com Transaction Type Venture Equity Transaction Amount $4,000,000 Transaction Round Undisclosed Proceeds Purposes The company … Continue reading “PapayaMobile Garners $4,000,000 New Financing Round”

NeuroSky Lands $11,800,000 Series C Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4955cf8d-605e-44b0-9c63-ae460addeb30&Preview=1 Date 6/23/2010 Company Name NeuroSky Mailing Address 125 S. Market St. San Jose, CA 95113 Company Description NeuroSky is the worldwide leader in bringing biosensor technology to the consumer mass market. Our well-known partners have utilized our technology to create some of the most exciting products of the year, including Mattel’s … Continue reading “NeuroSky Lands $11,800,000 Series C Funding”

Scientific Conservation Receives $4,000,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5fd02dad-c9aa-42da-8133-d69b43421e8b&Preview=1 Date 6/23/2010 Company Name Scientific Conservation Mailing Address 2107 Dwight Way Berkeley, CA 94704 Company Description Scientific Conservation (SCI) is revolutionizing energy efficiency and operational accountability for the multi-billion dollar commercial building market with a breakthrough “Automated Continuous Commissioning” (ACC) solution that can help slash annual energy spending 15 – 25%. … Continue reading “Scientific Conservation Receives $4,000,000 Series A Financing”

Heyzap Secures $3,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f7e01d0e-fc33-407d-bc38-a5b7967890c3&Preview=1 Date 6/23/2010 Company Name Heyzap Mailing Address 564 Howard St. San Francisco, CA 94105 Company Description Heyzap allows any website or blog to take the most exciting flash games and put them into their website. This results in the website/blog having increased traffic, user time of site and engagement. When youtube … Continue reading “Heyzap Secures $3,000,000 New Round”

Nuance Acquires ShapeWriter, Ramps Up Pressure on Seattle Startup Swype

Memo to mobile-interface companies: Nuance is on the prowl. The speech-recognition and imaging software giant (NASDAQ: [[ticker:NUAN]]), based in Burlington, MA, has acquired ShapeWriter, a Silicon Valley-based spinout from the IBM Almaden Research Center, for an undisclosed sum. Nuance has not spoken publicly about the acquisition, but a message on the ShapeWriter website as of … Continue reading “Nuance Acquires ShapeWriter, Ramps Up Pressure on Seattle Startup Swype”

Three Medical Device Deals to Wrap Up: Voyage Medical, Incline Therapeutics, and Baxano

Here are three interesting medical device deals from around the Bay Area that crossed our desk in the past few days. —Voyage Medical, a Redwood City, CA-based developer of technology to help cardiologists better visualize heart tissue as they work, raised $20.6 million out of an equity financing round that could be worth as much … Continue reading “Three Medical Device Deals to Wrap Up: Voyage Medical, Incline Therapeutics, and Baxano”

Michigan-Based Site Boocoo.com Thinks It’s Found a Way to Compete with Craigslist and eBay…and Save Your Local Newspaper

Since Monday, if you’ve paid close attention, you might have noticed a goofy-sounding phrase in your Boston Herald or San Diego Union-Tribune: “Boocoo Auctions.” It comes from a Royal Oak, MI, based company called Ranger Data Technologies and is part of an ambitious plan to take lost advertising revenue back from Craigslist and eBay. But, … Continue reading “Michigan-Based Site Boocoo.com Thinks It’s Found a Way to Compete with Craigslist and eBay…and Save Your Local Newspaper”

TaskRabbit Kicks Off Errand-Running Service in San Francisco, Boston ‘Burbs

TaskRabbit—known until this April as RunMyErrand—was one of the darlings of the Bay Area investing community when it emerged from the inaugural session of Facebook’s fbFund incubator program last summer. Founding CEO Leah Busque headed out to Facebook’s Palo Alto headquarters in June 2009, and by October her Boston-born startup had picked up checks totaling … Continue reading “TaskRabbit Kicks Off Errand-Running Service in San Francisco, Boston ‘Burbs”

Baxano Obtains $30,000,000 Series C Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=32b38973-fb2b-4407-8400-0aad88289522&Preview=1 Date 6/22/2010 Company Name Baxano Mailing Address 655 River Oaks Parkway San Jose, CA 95134 Company Description The company is developing tools to restore spine function and preserve healthy tissue. Website http://www.baxano.com Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round Series C Proceeds Purposes Proceeds from the Series C round … Continue reading “Baxano Obtains $30,000,000 Series C Funding Round”

Apptera Secures $10,000,000 Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eb891e1b-6863-47ed-9929-2add22ed17b8&Preview=1 Date 6/22/2010 Company Name Apptera Mailing Address 1150 Bayhill Drive San Bruno, CA 94066 Company Description Apptera provides technology for mobile advertising, search and commerce. Our services are provided “In-Call” while a consumer is interacting with a business over the phone. These solutions are sold to companies looking to monetize their … Continue reading “Apptera Secures $10,000,000 Series B Round”

Brand.net Garners $14,000,000 Series C Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3817d190-ed2e-46a1-8c49-36d028f4a63a&Preview=1 Date 6/22/2010 Company Name Brand.net Mailing Address 1400 Fashion Island Blvd San Mateo, CA 94404 Company Description Brand.net is the first online advertising network focused exclusively on Brand advertising. The Brand.net team has a combined 50+ years of online Brand advertising experience with leading online publishers. Our deep online display advertising … Continue reading “Brand.net Garners $14,000,000 Series C Financing Round”

D.light International Lands $5,500,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9bd402d0-8316-44af-9b75-3edf0eaa11f5&Preview=1 Date 6/22/2010 Company Name D.light International Mailing Address 360 Bryant St. Palo Alto, CA 94301 Company Description The company’s mission is to enable households without reliable electricity to attain the same quality of life as those with electricity. We will begin by replacing every kerosene lantern with clean, safe and bright … Continue reading “D.light International Lands $5,500,000 Series B Financing Round”

Quantalife Secures $7,500,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3c760e9c-0b8a-4081-97a4-4c32f2dd65f3&Preview=1 Date 6/22/2010 Company Name Quantalife Mailing Address 7068 Koll Center Parkway Pleasanton, CA 94566 Company Description QuantaLife, Inc. was formed to develop, manufacture and market a revolutionary nucleic acid testing concept for the Life Science Research, Clinical Molecular Diagnostics, Personalized Medical Care and Industrial markets. Our suite of products, which are … Continue reading “Quantalife Secures $7,500,000 New Financing”

Incline Therapeutics Secures $43,000,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3b75e752-b8ef-42da-93f4-bf1173162447&Preview=1 Date 6/22/2010 Company Name Incline Therapeutics Mailing Address Undisclosed Redwood City, CA 94063 Company Description Incline Therapeutics is a hospital-focused specialty pharmaceutical company focused on the development of IONSYS (fentanyl iontophoretic transdermal system). Incline is financed by leading life science venture capital firms and led by a management team with significant … Continue reading “Incline Therapeutics Secures $43,000,000 Series A Round”

ReputationDefender Lands $15,000,000 Series C Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9877cf60-e601-4e37-9d98-3dcf57301560&Preview=1 Date 6/22/2010 Company Name ReputationDefender Mailing Address 2688 Middlefield Road Building C Redwood City, CA 94063 Company Description ReputationDefender was created in 2006 to defend your good name on the Internet. Today, ReputationDefender has grown to be the world’s first comprehensive online reputation management and privacy company. We’re the most experienced … Continue reading “ReputationDefender Lands $15,000,000 Series C Financing Round”

Playdom Receives $3,300,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bbc44e85-b370-44c1-bfb0-68bc80f23b82&Preview=1 Date 6/22/2010 Company Name Playdom Mailing Address 100 West Evelyn Avenue Mountain View, CA 94041 Company Description We boast the #1 game on MySpace—Mobsters—and three of the top four applications. But it doesn’t stop there. Fueled by explosive growth on Facebook and an expanding pipeline of new games and features, we … Continue reading “Playdom Receives $3,300,000 Series B Financing Round”

SiLEGO Technology Lands $5,750,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f4e86f50-592d-4e8a-80ca-908cf5f26680&Preview=1 Date 6/22/2010 Company Name SiLEGO Technology Mailing Address 1715 Wyatt Drive Santa Clara, CA 95054 Company Description SILEGO operates as a fabless semiconductor components company. Website http://www.silego.com Transaction Type Venture Equity Transaction Amount $5,750,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Undisclosed

LS9 Gets Presidential Award

LS9, the South San Francisco-based developer of renewable petroleum, said today it has received the Presidential Green Chemistry Challenge Award, the highest honor given by the Environmental Protection Agency. Winners are selected by a panel of experts pulled together by the American Chemical Society. LS9 co-founder and director Noubar Afeyan of Flagship Ventures traveled to … Continue reading “LS9 Gets Presidential Award”

Social Developer Summit

MediaBistro produces a full-day event focused on building applications for the social Web. From the event website: “Social news, social games, social discovery, social search, and other social solutions are charging developers with building instantly scalable products. As new technologies continue to emerge to address these challenges, it’s increasingly important to come together as a … Continue reading “Social Developer Summit”

iPad Game Summit

From the event website: “The iPad Summit is the only event of its type, providing you with the detailed insight you need to create not just your iPad strategy, but your entire Apple mobile device strategy (iPad, iPhone and iTouch). The Summit will bring iPad opportunities into focus with exclusive market research, business strategies and … Continue reading “iPad Game Summit”