It’s been a week since Google announced a new open-source video project called WebM at its I/O Developers Conference in San Francisco, with the online media giant arguing that streaming video—like nearly everything else on the Internet—just wants to be free. So it seemed like a good time to see how some digital video technology … Continue reading “What Google’s WebM Looks Like to Video Digerati in San Diego and Boston”
Category: San Francisco
Is it Time for the FDA to Chime in on Drug Company Tweets?
These days, when I least expect it, an e-mail pops into my inbox that I can’t ignore. It announces that someone is following me on Twitter. I’m still figuring out how it works (I have a measly 4 tweets to my name), which explains why, upon reading one of those e-mails, I usually succumb to … Continue reading “Is it Time for the FDA to Chime in on Drug Company Tweets?”
The Clean Energy Choice—To Lead or Lag
This month a group of 50 clean energy CEOs, investors and executives from New England traveled to Washington D.C. to deliver a common message to our leaders in the nation’s capitol: comprehensive energy and climate legislation is critical for building the clean energy economy here in New England and across the United States. The Kerry-Lieberman … Continue reading “The Clean Energy Choice—To Lead or Lag”
Alvine Pharmaceuticals Obtains Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9a2aaf8b-6c64-474e-855b-00b2df7666e0&Preview=1 Date 5/26/2010 Company Name Alvine Pharmaceuticals Mailing Address 75 Shoreway Rd. San Carlos, CA 94070 Company Description Alvine Pharmaceuticals, Inc., is a biopharmaceutical company dedicated to developing and commercializing therapeutics for the treatment of Celiac sprue. Website http://www.alvinepharma.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Series A Proceeds Purposes … Continue reading “Alvine Pharmaceuticals Obtains Series A Funding”
Facebook Acquires ShareGrove for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e18b1453-3663-4804-957a-6f2f22101444&Preview=1 Date 5/26/2010 Company Name ShareGrove Mailing Address 4 West Fourth Ave San Mateo, CA 94402 Company Description Sharegrove makes it easy to engage online friends in private conversations through the web. Sharegrove conversations are rich and expressive—with seamless, inline sharing of web pages, pictures and media, including audio and video. And … Continue reading “Facebook Acquires ShareGrove for Undisclosed Sum”
Google Touts Its Role, State by State, in U.S. Economic Growth
Google unveiled the results of its first state-by-state analysis of the company’s impact on regional economies at press events in 10 cities on Tuesday, including Cambridge, MA, Detroit, and Seattle. For the most part, Google measured the value it generates when local advertisers and Web publishers use its AdWords and AdSense platforms for Web advertising. … Continue reading “Google Touts Its Role, State by State, in U.S. Economic Growth”
Vinfolio Secures New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f6cf7edf-ba63-4093-be5a-2e8430ecd5d2&Preview=1 Date 5/25/2010 Company Name Vinfolio Mailing Address 1890 Bryant Street San Francisco, CA 94110 Company Description Offers wine and services to wine collectors and enthusiasts. Website http://www.vinfolio.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Revolution’s investment enables Vinfolio to fuel its growth by providing substantial financial … Continue reading “Vinfolio Secures New Financing”
Compass Labs Garners $4,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2274f719-9c50-4228-8426-4e32496aaf27&Preview=1 Date 5/25/2010 Company Name Compass Labs Mailing Address 11596 Cedar Spring Court Cupertino, CA 95014 Company Description The company is developing a search and social media related service. Website http://www. compasslabs.com Transaction Type Venture Equity Transaction Amount $4,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “Compass Labs Garners $4,000,000 New Funding Round”
MEMC Acquires Solaicx for $76,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e96903e9-a05d-4a09-a2ea-7ee9bd856020&Preview=1 Date 5/25/2010 Company Name Solaicx Mailing Address 5102 Calle Del Sol Santa Clara, CA 95054 Company Description Solaicx is developing breakthrough manufacturing technology yielding low-cost, high-efficiency silicon wafers for the photovoltaic (PV) industry. By designing and building equipment optimized for the high volume, continuous manufacture of high-performance, single crystal silicon ingots, … Continue reading “MEMC Acquires Solaicx for $76,000,000”
Mascoma’s Plan for Ethanol Plant in Michigan Likely Delayed, CEO Says
Lebanon, NH-based Mascoma has made strides with its process for producing ethanol from non-food plants such as wood chips and grass. Yet the firm is likely to delay the start of production at its first planned commercial facility, in northern Michigan, company CEO Bill Brady says. Mascoma had been aiming to open a plant in … Continue reading “Mascoma’s Plan for Ethanol Plant in Michigan Likely Delayed, CEO Says”
Bazaar Labs Garners New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=37edb41e-11d6-4561-9e12-924f9ef0f0b9&Preview=1 Date 5/24/2010 Company Name Bazaar Labs Mailing Address Undisclosed San Francisco, CA 94105 Company Description We build web and mobile applications powered by the real-time social stream, making it fun and easy for anyone to participate in conversations about their favorite topics. Our flagship product, Miso, is a web and mobile … Continue reading “Bazaar Labs Garners New Round”
Constant Contact Acquires NutshellMail for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a90f2217-dfdf-4fd0-9c37-8db3a14ea54b&Preview=1 Date 5/24/2010 Company Name NutshellMail Mailing Address Undisclosed Atherton, CA 94027 Company Description NutshellMail takes copies of all your latest updates in your social networking and email accounts and places them in a snapshot email. Website http://www.nutshellmail.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms … Continue reading “Constant Contact Acquires NutshellMail for Undisclosed Sum”
Biotech’s $1 Billion Tax Credits Are Up for Grabs! OK, Now Everybody Relax
The rules regarding the Qualifying Therapeutic Discovery Project Credit have now been released by the Treasury Department. You can read the fact sheet, and detailed description of the legislation yourself, but here are 10 key points I came away with after reading them. 1. The first thing that everyone can do is relax. In contrast … Continue reading “Biotech’s $1 Billion Tax Credits Are Up for Grabs! OK, Now Everybody Relax”
Putting My iPad’s Geocaching App to the Test, on a Vlog in the Woods
Today’s column is in video form, which is a first for me. I was out hiking with my dog Rhody in the Blue Hills Reservation south of Boston last weekend when a few realizations hit me at once. 1) I had my 3G iPad with me 2) I had my camera with me 3) I … Continue reading “Putting My iPad’s Geocaching App to the Test, on a Vlog in the Woods”
Who Needs VCs? Steven Quay’s Atossa Genetics Seeks Fast IPO For Breast Cancer Test
Most biotech firms toil as obscure private companies for years to prove their ideas work in the clinic. They have to hustle non-stop for venture capital to keep the doors open just long enough to someday cash out with an IPO. Steven Quay is betting he’s found a shortcut. Quay, the veteran Seattle biotech CEO, … Continue reading “Who Needs VCs? Steven Quay’s Atossa Genetics Seeks Fast IPO For Breast Cancer Test”
C.R. Bard Acquires FlowCardia for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aa3c0d69-da2a-4bcd-810c-9f0593cecddd&Preview=1 Date 5/21/2010 Company Name FlowCardia Mailing Address 745 North Pastoria Avenue Sunnyvale, CA 94085 Company Description FlowCardia, Inc. is a medical device company founded in 2002 to design and develop innovative technologies to facilitate the crossing of totally occluded coronary and peripheral arteries. Chronic Total Occlusions (CTOs) are considered one of … Continue reading “C.R. Bard Acquires FlowCardia for Undisclosed Sum”
BrightSource Energy Secures $150,000,000 Series D Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b9e39c1c-4c96-4635-ab11-020389df2db5&Preview=1 Date 5/20/2010 Company Name BrightSource Energy Mailing Address 1999 Harrison Street Oakland, CA 94612 Company Description Bright Source Energy develops utility-scale solar power plants using high-temperature solar thermal technology that concentrates sunlight and converts the resulting heat into electricity. In its prior incarnation 20 years ago as Luz Inc., this team … Continue reading “BrightSource Energy Secures $150,000,000 Series D Funding Round”
Clean Filtration Receives $1,500,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=78b68c63-1cd6-4e7d-9f84-8d5011754691&Preview=1 Date 5/20/2010 Company Name Clean Filtration Mailing Address 2653 Spring Street Redwood City, CA 94063 Company Description Clean Filtration Technologies, Inc. engineers efficient, next generation, water treatment technology. The CFT Turboclone™ is a high capacity filtration system for drinking, waste and process water applications. The CFT Turboclone™ uses a non-consumable, proprietary … Continue reading “Clean Filtration Receives $1,500,000 Series B Financing Round”
Google Acquires Simplify Media for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=22572703-ab98-4213-9328-089e0139320b&Preview=1 Date 5/20/2010 Company Name Simplify Media Mailing Address 805 Veterans Blvd. Redwood City, CA 94063 Company Description The company offers software that lets users share iTunes music across platforms. Website http://www.simplifymedia.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed.
Cubic Corporation Acquires Impeva Labs for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=af55a298-fe7e-42eb-9b89-fc4baa518ba6&Preview=1 Date 5/20/2010 Company Name Impeva Labs Mailing Address 2570 West El Camino Real Mountain View, CA 94040-1309 Company Description Impeva Labs is the leading supplier of global asset management optimization (tracking, monitoring and security) solutions that enable the most efficient transportation of goods by providing a Continuous Chain of Custody (C-3) … Continue reading “Cubic Corporation Acquires Impeva Labs for Undisclosed Sum”
Cisco Systems Acquires CoreOptics for $99,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=36cdc37b-ad2c-4360-a2fb-fe847dd6dc49&Preview=1 Date 5/20/2010 Company Name CoreOptics Mailing Address 2841 Junction Ave. San Jose, CA 95134-1921 Company Description CoreOptics, with operations in Nuremberg, Germany, San Jose, California and Manchester, New Hampshire, USA, develops and manufactures subsystems for ultra high-speed optical networking applications in the telecommunications and information technology industries. CoreOptics current portfolio includes … Continue reading “Cisco Systems Acquires CoreOptics for $99,000,000”
Sonim Technologies Receives $9,000,000 Series D Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=20e2c4c0-9941-4c6d-a14a-ed0ba255109e&Preview=1 Date 5/19/2010 Company Name Sonim Technologies Mailing Address 1875 S. Grant Street San Mateo, CA 94402 Company Description Sonim Technologies enables today’s GSM and CDMA wireless data networks to deliver high-margin voice services. Website http://www.sonimtech.com Transaction Type Venture Equity Transaction Amount $9,000,000 Transaction Round Series D Proceeds Purposes The financing will … Continue reading “Sonim Technologies Receives $9,000,000 Series D Round”
Legend Has It—An Early Lead in the Post-Avatar Rush to Convert 2D Films to 3D
Barry Sandrew, who was once a staff neuroscientist at the Harvard Medical School, now presides over one of the fastest-growing companies in San Diego—with a business that has nothing to do with medical research. As a matter of fact, the company known today as Legend 3D no longer resembles the digital colorization studio that Sandrew … Continue reading “Legend Has It—An Early Lead in the Post-Avatar Rush to Convert 2D Films to 3D”
Nexxo Financial Receives New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ec4f3f81-1405-4244-a98e-0c79315d459e&Preview=1 Date 5/18/2010 Company Name Nexxo Financial Mailing Address 1150 Bayhill Dr San Bruno, CA 94066 Company Description Nexxo customers have given up the cumbersome, expensive and time-consuming outdated way of sending money. They are taking advantage of 21st century technology and send money that is fast, confidential, convenient, easy and economical! … Continue reading “Nexxo Financial Receives New Financing Round”
NorthScale Secures $10,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c5ec1d57-c40f-4476-855a-1475c416e070&Preview=1 Date 5/18/2010 Company Name NorthScale Mailing Address 200 W. Evelyn Ave. Mountain View, CA 94041 Company Description NorthScale, Inc., the elastic data infrastructure software company, provides a new class of data management technology that scales out, enabling customers to dramatically lower data management costs while simultaneously improving the scalability and performance … Continue reading “NorthScale Secures $10,000,000 Series B Funding Round”
Lookout Lands $11,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e12b2ea6-717b-46b9-b1b0-3a7801893a9f&Preview=1 Date 5/18/2010 Company Name Lookout Mailing Address 539 Bryant St. San Francisco, CA 94107 Company Description Lookout is a mobile security company dedicated to making the mobile experience safe for everyone. Website Undisclosed Transaction Type Venture Equity Transaction Amount $11,000,000 Transaction Round Series B Proceeds Purposes With this additional financing, we’ll … Continue reading “Lookout Lands $11,000,000 Series B Funding”
Cloud9 Analytics Secures $8,000,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e17896c1-9085-4158-bd01-471e1ecc887e&Preview=1 Date 5/18/2010 Company Name Cloud9 Analytics Mailing Address 333 Twin Dolphin Drive Redwood City, CA 94065 Company Description Cloud9 Analytics is developing an On-Demand Sales Performance Management Application for Salesforce.com customers. Our Software-As-a-Service (SaaS) offering, delivers role-based, interactive, analytical dashboards including – Advanced Pipeline Analytics, Sales Effectiveness Analytics and Triangulated Forecasting … Continue reading “Cloud9 Analytics Secures $8,000,000 Series C Round”
SwiftTest Obtains New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ef9431d0-ea91-4145-82f3-62b83c1bb1a4&Preview=1 Date 5/18/2010 Company Name SwiftTest Mailing Address 3211 Scott Blvd. Santa Clara, CA 95054 Company Description SwiftTest develops powerful and efficient commercial testing tools and solutions that take the burden of IP storage test tool development off of in-house engineers and QA teams. SwiftTest was founded by test industry veterans who … Continue reading “SwiftTest Obtains New Funding Round”
Enovix Obtains New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0c6fb6c7-5c71-4f36-a438-889d3faaf4d8&Preview=1 Date 5/18/2010 Company Name Enovix Mailing Address 46758 Lakeview Blvd. Fremont, CA 94538 Company Description ENOVIX Corp., founded in 2006 under the operating name microAzure, has assembled a diverse section of proven technology innovators uniquely capable of developing and cost effectively producing the revolutionary 3 Wave Array energy storage cells. Website … Continue reading “Enovix Obtains New Funding Round”
Chug Obtains $1,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=340bab07-098a-44f6-80f5-b94eacecea5c&Preview=1 Date 5/18/2010 Company Name Chug Mailing Address Pier 38 San Francisco, CA 94107 Company Description The company is said to be working on an online car buying service. Website Undisclosed Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor … Continue reading “Chug Obtains $1,000,000 New Financing”
Breathe Technologies Garners $23,000,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ac52d520-6bdf-4173-a9fc-f83faa2f5bf7&Preview=1 Date 5/18/2010 Company Name Breathe Technologies Mailing Address 4000 Executive Parkway San Ramon, CA 94583 Company Description The company is focused on developing innovative medical technologies for treating respiratory diseases such as COPD, cystic fibrosis and influenza. Breathe Technologies’ offerings include durable, ultra-lightweight, ambulatory ventilator systems intended to improve the quality … Continue reading “Breathe Technologies Garners $23,000,000 Series C Round”
CDC Software Acquires TradeBeam Holdings for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b47ef082-56d3-45a9-b025-6dc87358ba22&Preview=1 Date 5/18/2010 Company Name TradeBeam Holdings Mailing Address Two Waters Park Drive San Mateo, CA 94403-1148 Company Description TradeBeam is a Global Trade Management software and services company providing solutions that streamline global trading processes for enterprises and their partners. Website http://www.tradebeam.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds … Continue reading “CDC Software Acquires TradeBeam Holdings for Undisclosed Sum”
Evri Absorbs Twine, Goes Mobile for Tech News on Android Phones
Twine.com is officially no more. As of Friday, the semantic and social news service has been discontinued, and most of its features have been folded into Evri.com, the Seattle-based semantic information discovery site. Both companies were backed by Paul Allen’s Vulcan Capital, and in February, Evri acquired Twine (Radar Networks, based in San Francisco) for … Continue reading “Evri Absorbs Twine, Goes Mobile for Tech News on Android Phones”
Zend Technologies Lands $9,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1eb15e57-a7ed-44dc-a38c-5cb0896cb881&Preview=1 Date 5/17/2010 Company Name Zend Technologies Mailing Address 19200 Stevens Creek Blvd. Cupertino, CA 95014 Company Description Zend Technologies, Inc., the PHP company, is the leading provider of products and services for developing, deploying and managing business-critical PHP applications. Website http://www.zend.com Transaction Type Venture Equity Transaction Amount $9,000,000 Transaction Round Undisclosed … Continue reading “Zend Technologies Lands $9,000,000 New Funding”
Booyah Secures $20,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5b33f87c-bc6c-4199-a478-6c2aeff2d816&Preview=1 Date 5/17/2010 Company Name Booyah Mailing Address 170 A University Avenue Second Floor Palo Alto, CA 94301 Company Description Booyah has developed an online GPS game that allows users to check in at real world locations to unlock rewards. Website http://www.booyah.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction Round Undisclosed … Continue reading “Booyah Secures $20,000,000 New Funding”
Okay, You’ve Declared E-Mail Bankruptcy. Now What?
There’s lots going on in Xconomy-land, so this week’s column will be shorter than usual. Which is probably fine with you, since everyone seems pressed for time these days. Microsoft is notorious for its lame ad campaigns, but lately the software giant has been putting its finger on the overcommitment problem, through an amusing series … Continue reading “Okay, You’ve Declared E-Mail Bankruptcy. Now What?”
Etacts Receives $650,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=46b75a86-f740-4b75-a80c-2e69b97e1868&Preview=1 Date 5/14/2010 Company Name Etacts Mailing Address Undisclosed San Francisco, CA 94107 Company Description The company sells software that helps users track their contacts with an online e-mail systems. Website http://www.etacts.com Transaction Type Venture Equity Transaction Amount $650,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “Etacts Receives $650,000 New Funding”
CardioDx Lands $5,000,000 Series D Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c5d5d480-ad2e-4c9d-b404-a3ad4aa86b09&Preview=1 Date 5/14/2010 Company Name CardioDx Mailing Address 2500 Faber Place Palo Alto, CA 94303 Company Description Founded in 2004, CardioDx is a cardiovascular genomic diagnostics company located in Palo Alto, CA. CardioDx develops clinically validated genomic tests to aid in assessing and tailoring care of individuals with cardiovascular disease, including coronary … Continue reading “CardioDx Lands $5,000,000 Series D Funding Round”
Grockit Lands $7,000,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5b4a3031-6be2-4754-8a81-ef8369803e5a&Preview=1 Date 5/14/2010 Company Name Grockit Mailing Address 719 Shotwell Str San Francisc, CA 94110 Company Description Grockit’s mission is to abolish Education and replace it with Learning. To this end, we aim to utilize the awesome power of the internet to help the world learn. Our first step is leveraging the … Continue reading “Grockit Lands $7,000,000 Series C Round”
Cooley Q1 Report Shows Venture Investment Terms Continue to Improve
Venture financing is not out of the woods yet, but there are fewer trees, according to a report issued today that analyzes 83 VC transactions with a total value of $935 million. The Cooley law firm’s Venture Financing Report shows “continuing improvement” in VC deals nationwide during the first three months of 2010. Cooley, which … Continue reading “Cooley Q1 Report Shows Venture Investment Terms Continue to Improve”
Norway’s Think Plans to Build Electric Cars in Indiana and Test Them in Southern California with Additional Funding from Boston
Boston’s Rockport Capital has chipped in $12.5 million as part of a $40 million financing round for Think, the Oslo, Norway-based company building long-range electric vehicles. Think said in an May 11 announcement that it plans to use the new funds to expand operations and sales in North America, including opening a planned assembly facility … Continue reading “Norway’s Think Plans to Build Electric Cars in Indiana and Test Them in Southern California with Additional Funding from Boston”
Exercise.com Obtains $1,740,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3e4544e2-60b1-4a66-a8eb-109879ddaee7&Preview=1 Date 5/13/2010 Company Name Exercise.com Mailing Address 274 Castro St. Mountain View, CA 94041 Company Description The company operates a website that helps users find gyms, fitness equipment and activities for their physical health. Website http://www.exercise.com Transaction Type Venture Equity Transaction Amount $1,740,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Exercise.com Obtains $1,740,000 New Funding Round”
iRhythm Technologies Obtains $10,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=20f3ec7c-a933-4064-881a-61ce09816a74&Preview=1 Date 5/13/2010 Company Name iRhythm Technologies Mailing Address 650 Townsend Street San Francisco, CA 94103 Company Description iRhythm Technologies has developed a novel cardiac rhythm monitoring device that is dramatically superior to any currently available monitor due to its radically simplified design and ease-of-use. Website http://www.irhythmtech.com Transaction Type Venture Equity Transaction … Continue reading “iRhythm Technologies Obtains $10,000,000 New Financing Round”
Jelli Garners $7,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a548b8e5-59d7-4c85-ae9a-b5e6209ea44c&Preview=1 Date 5/13/2010 Company Name Jelli Mailing Address 4 West 4th Avenue San Mateo, CA 94402 Company Description Jelli is 100% user-controlled radio, enabling users to take over a radio station using their web browsers. Leveraging the power of the web to reinvent traditional broadcasting, Jelli empowers the community to interact with … Continue reading “Jelli Garners $7,000,000 Series A Round”
RedPrairie Holding Acquires SmartTurn for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ec8df710-2f94-4535-b179-5cfacc4144ba&Preview=1 Date 5/13/2010 Company Name SmartTurn Mailing Address 177 Fremont St. San Francisco, CA 94105 Company Description SmartTurn™ Inventory and Warehouse Management System is the first true on-demand warehouse management system to provide enterprise-class functionality at a fraction of the cost of traditional license and install software. Designed for quick implementation, ease-of-use, … Continue reading “RedPrairie Holding Acquires SmartTurn for Undisclosed Sum”
Can academia bridge the gap between bench and bedside?
A few weeks ago I heard a pharmaceutical executive say at an industry meeting that academia shouldn’t be trying to develop drugs. They don’t know how to do it, his message was. Now, he didn’t specify what he meant: Was it that academics do not know how to discover and optimize promising drug candidates, or … Continue reading “Can academia bridge the gap between bench and bedside?”
Is the Venture Model Really Broken?
Proclaiming the venture model broken is in vogue. The lingering aftereffects of the Internet bubble have cast a shadow over the industry for a decade now; and while venture capital has consistently outperformed most equity asset classes for years, recent returns have not lived up to historical norms. Despite the grim headlines, there are signs … Continue reading “Is the Venture Model Really Broken?”
Ticketfly Obtains $3,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=749c0e2a-a9a0-4e01-87e0-57ee3c198153&Preview=1 Date 5/12/2010 Company Name Ticketfly Mailing Address 490 2nd St. San Francisco, CA 94107 Company Description Ticketfly offers event promoters and venues next-generation ticketing and powerful website and social marketing tools, saving them time and money. Website http://www.ticketfly.com Transaction Type Venture Equity Transaction Amount $3,000,000 Transaction Round Undisclosed Proceeds Purposes Ticketfly … Continue reading “Ticketfly Obtains $3,000,000 New Round”
Inquisitive Minds Secures $2,600,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=12968d58-967f-4a0a-9f95-752ff95fe3cc&Preview=1 Date 5/12/2010 Company Name Inquisitive Minds Mailing Address 655 W. Evelyn Ave. Mountain View, CA 94041 Company Description The company provides a web browser that is designed for children. Website http://www.zoodles.com Transaction Type Venture Equity Transaction Amount $2,600,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes from the funding round were not … Continue reading “Inquisitive Minds Secures $2,600,000 New Funding Round”
Project Slice Garners $5,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=39fd807b-2bed-4ded-bd04-909bc6d6ef6f&Preview=1 Date 5/12/2010 Company Name Project Slice Mailing Address 360 Bryant St. Palo Alto, CA 94301 Company Description The company is currently in stealth mode. Website Undisclosed Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor DCM – Doll Capital … Continue reading “Project Slice Garners $5,000,000 New Funding Round”