Leaders from the life science and healthcare industries are coming together for this special event on December 6 at the Amgen Campus in South San Francisco, CA. Join us for a for a post-election exploration of the biggest health and biotechnology issues across the land. Check out our confirmed speakers—and keep an eye out for … Continue reading “Grab the Super Saver Rate for State of the Biotech Union on 12/6”
Category: San Francisco
After “Hubris” and Its HCV Collapse, Can Vertex Avoid Same Mistakes?
Five years ago, in November 2011, a company from Princeton, NJ, called Pharmasset shared news that would have an impact on millions of people around the world with hepatitis C. Its experimental drug PSI-7977 had quickly cleared the virus from 40 patients, with minimal side effects, and they had stayed infection-free. If the data held … Continue reading “After “Hubris” and Its HCV Collapse, Can Vertex Avoid Same Mistakes?”
ThoughtSpot Receives Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0f10a624-4144-4047-a907-1d2793e269d9 Date 10/18/2016 Company Name ThoughtSpot Mailing Address 1 Palo Alto Square Palo Alto, CA 94306 USA Company Description ThoughtSpot is solving the last mile problem for business data in enterprises. ThoughtSpot Data Search Appliance enables on-the-fly access and analysis of data at enterprise scale. Website http://www.thoughtspot.com Transaction Type Venture Equity Transaction … Continue reading “ThoughtSpot Receives Series C Financing Round”
Early Data for Celgene’s Oral Crohn’s Drug Gets Mixed Reaction
Celgene late Sunday provided more details on one of the more important drugs in its pipeline, a pill the Summit, NJ, company is developing for inflammatory bowel disease. Analysts on Wall Street are mixed on the clinical results. The data, which Celgene is presenting at United European Gastroenterology Week in Vienna, Austria, are an early … Continue reading “Early Data for Celgene’s Oral Crohn’s Drug Gets Mixed Reaction”
Cisco Acquires WorkLife for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5ef4f7c3-74cb-452f-84a5-514ee7316dab Date 10/17/2016 Company Name WorkLife Mailing Address 300 Brannan St. San Francisco, CA 94107 USA Company Description WorkLife automates meeting best practices — setting and sharing agendas, driving towards decisions and action items, circulating meeting summaries — to help your team get more done faster. Website http://www.worklife.com Transaction Type M&A Transaction … Continue reading “Cisco Acquires WorkLife for Undisclosed Sum”
Following Merger, Salzman Steps in as Adverum Bio CEO
Menlo Park, CA-based Adverum Biotechnologies (NASDAQ: [[ticker:ADVM]]) has named Amber Salzman, the company’s president and chief operating officer, its new CEO. Salzman takes over for Paul Cleveland, who will now serve as Adverum’s executive chairman. Adverum was formed out of the February merger between Avalanche Biotechnologies and Annapurna Therapeutics. Salzman co-founded Annapurna, once known as … Continue reading “Following Merger, Salzman Steps in as Adverum Bio CEO”
Bio Roundup: Bristol & Illumina Blues, Sickle Cell News & More
On Aug. 4, shares of Bristol-Myers Squibb closed at $75.32. Today, shares are worth just over $50. That means in three months, Bristol has lost a third of its value, equivalent to about $40 billion in market capitalization. The reason? One failed clinical trial has left rival Merck in the lead position to have what … Continue reading “Bio Roundup: Bristol & Illumina Blues, Sickle Cell News & More”
Returnly Secures $3,200,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=67e7ed55-d4f4-40b0-b898-31c471c6fda3 Date 10/14/2016 Company Name Returnly Mailing Address 60 E Sir Francis Drake Blvd. Larkspur, CA 94939 USA Company Description Returnly was born from a vision of a radically improved online marketplace where all constituents have aligned interests. Online commerce as we know it is flawed: the lack of product evaluation and … Continue reading “Returnly Secures $3,200,000 New Round”
Hyperloop One Secures $50,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=67ccdfb3-f39a-4e91-a227-703a5df7121d Date 10/14/2016 Company Name Hyperloop One Mailing Address Undisclosed San Francisco, CA 94102 USA Company Description We are Hyperloop One. We will move people and cargo at speeds never thought possible. We will make the world smaller, cleaner and more efficient. Website http://www.hyperloop-one.com Transaction Type Venture Equity Transaction Amount $50,000,000 Transaction … Continue reading “Hyperloop One Secures $50,000,000 New Financing”
Affirm Receives $100,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=670327aa-0ec0-4bc0-a7b3-be092440cce6 Date 10/14/2016 Company Name Affirm Mailing Address 225 Bush Street San Francisco, CA 94104 USA Company Description Affirm is the financial company for everyday people. We provide affordable ways to buy online that are more flexible and transparent than any other credit option. Website http://www.affirm.com Transaction Type Debt Transaction Amount $100,000,000 … Continue reading “Affirm Receives $100,000,000 New Financing Round”
Pluto.TV Obtains $30,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=99818ad3-19dd-4c73-8e7c-d5da56db4846 Date 10/14/2016 Company Name Pluto.TV Mailing Address Undisclosed Los Angeles, CA 94107 USA Company Description The Internet is a big place, you’ve probably noticed. It’s full of great stuff, but often you spend more time searching than you do watching. We created Pluto.TV to solve that problem, winnowing out the best … Continue reading “Pluto.TV Obtains $30,000,000 Series B Financing”
Aditazz Lands Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=89dec3d3-49f3-4d23-8851-2325dc4cc14b Date 10/13/2016 Company Name Aditazz Mailing Address 2000 Sierra Point Pkwy Brisbane, CA 94005 USA Company Description Aditazz unleashes productivity and strategic value in planning, design, construction, and operations for the built environment. Our software products and services help our global customers complete large-scale and complex projects in less time, at … Continue reading “Aditazz Lands Series B Funding Round”
PacketZoom Receives $4,300,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=58c2c255-1082-4cb9-88a7-27e777702ae5 Date 10/13/2016 Company Name PacketZoom Mailing Address 18 N San Mateo Drive San Mateo, CA 94401 USA Company Description We are technology addicts who love to push boundaries. We understand how important the user experience is for every human being who uses a mobile app. We’re passionate about delivering the best … Continue reading “PacketZoom Receives $4,300,000 New Funding”
Serverless Obtains $3,000,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9dfd3f5b-13e3-4ced-b6b1-2f0fea26ff84 Date 10/13/2016 Company Name Serverless Mailing Address Undisclosed San Francisco, CA 94107 USA Company Description Serverless, Inc. builds developer tools for the future of event-driven serverless infrastructure. In June 2015 we began building the world’s first serverless application framework enabling developers to build web, mobile, and IoT applications exclusively on event-driven … Continue reading “Serverless Obtains $3,000,000 Seed Funding”
Tribe Receives $3,000,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=edb71a2b-1a5b-4abe-bf49-68ed4d15a09d Date 10/13/2016 Company Name Tribe Mailing Address Undisclosed San Francisco, CA 94107 USA Company Description Tribe is experiential, effortless messaging. With Tribe, press and hold to release a message. Then, release to send. No keyboard needed. Tribe allows for sending messages with one hand only, has a pull-to-search option, and a … Continue reading “Tribe Receives $3,000,000 Seed Funding Round”
InternMatch Receives $364,610 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=87fd4579-8856-43bc-b66b-69f017d6cf10 Date 10/13/2016 Company Name InternMatch Mailing Address 425 2nd Street San Francisco, CA 94107 USA Company Description Search and find your next internship in the largest database of college internships online. Then use our internship resources including our resume samples, cover letter samples, and tips to help get prepared. Website http://www.looksharp.com … Continue reading “InternMatch Receives $364,610 New Financing Round”
C1X Receives $8,500,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3b8904dd-627d-4db3-b0ba-a2ebcd34d5b8 Date 10/13/2016 Company Name C1X Mailing Address Undisclosed California City, CA 95054 USA Company Description C1X utilizes the power of data science to provide marketers with the ideal mix of direct and auction-based buys to meet campaign goals, and to allow publishers to unleash the potential of their inventory and audiences. … Continue reading “C1X Receives $8,500,000 Series B Funding Round”
ZenPayroll Obtains $89,999,997 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5cc4acc7-afb6-4804-be1b-b507a657a692 Date 10/13/2016 Company Name ZenPayroll Mailing Address 425 2nd Street San Francisco, CA 94107 USA Company Description ZenPayroll is on a long-term mission to modernize the payroll industry and connect companies with their employees in a more meaningful way. Today people think of payroll as a painful, tedious chore that forces … Continue reading “ZenPayroll Obtains $89,999,997 New Round”
E8 Security Garners $12,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=484fb2a3-c16f-4c0a-9219-bd6ac5323406 Date 10/13/2016 Company Name E8 Security Mailing Address 100 Marine Parkway Redwood City, CA 94065 USA Company Description Behavioral Intelligence for Cybersecurity Website http://www.e8security.com Transaction Type Venture Equity Transaction Amount $12,000,000 Transaction Round Series B Proceeds Purposes The new funding will be used for continued innovation of the E8 Security Behavioral … Continue reading “E8 Security Garners $12,000,000 Series B Financing”
Verdigris Technologies Secures $6,663,743 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=369b3a26-da3e-4200-8481-c037162b11a0 Date 10/13/2016 Company Name Verdigris Technologies Mailing Address M/S 19-106 PO BOX 1 Moffett Field, CA 94035 USA Company Description Verdigris is the natural green patina that forms on copper when exposed to the natural elements of the environment. Copper lines are the principal conduits of power to buildings and we … Continue reading “Verdigris Technologies Secures $6,663,743 New Financing Round”
tCell Lands $9,400,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=84941558-de09-47aa-ae34-cb3f3030812a Date 10/13/2016 Company Name tCell Mailing Address 470 3rd Street San Francisco, CA 94107 USA Company Description tCell moves application security out of the network for cloud-first organizations. Using in-application instrumentation and cloud-based analytics, tCell secures production applications, enabling organizations to assess, monitor, and defend their application – without code or … Continue reading “tCell Lands $9,400,000 Series A Round”
Mist Secures $28,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cae230fb-4969-4d6f-9fcc-fd0fa056d95f Date 10/13/2016 Company Name Mist Mailing Address 1601 S De Anza Blvd. Cupertino, CA 95014 USA Company Description Mobile user experiences at scale enabled by the next generation of intelligent wireless network that leverage micro services & machine learning. Website http://www.mist.com Transaction Type Venture Equity Transaction Amount $28,000,000 Transaction Round Series … Continue reading “Mist Secures $28,000,000 Series B Funding”
Verdigris Technologies Lands $6,663,743 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=369b3a26-da3e-4200-8481-c037162b11a0 Date 10/13/2016 Company Name Verdigris Technologies Mailing Address M/S 19-106 PO BOX 1 Moffett Field, CA 94035 USA Company Description Verdigris is the natural green patina that forms on copper when exposed to the natural elements of the environment. Copper lines are the principal conduits of power to buildings and we … Continue reading “Verdigris Technologies Lands $6,663,743 New Financing Round”
Bay Area Researchers Take A CRISPR Cut At Sickle Cell Disease
[Corrected 10/13/16, 1:00 p.m. See below.] Another academic group has published results of animal experiments that use the gene editing tool CRISPR-Cas9 to treat sickle cell disease, adding to the hope that one day, the devastating genetic condition and others like it could be fixed by changing a patient’s DNA. The latest research, published today … Continue reading “Bay Area Researchers Take A CRISPR Cut At Sickle Cell Disease”
Inspyr Leaves San Antonio for California to Be Near Clinical Trials
San Antonio — Inspyr Therapeutics has moved out of San Antonio. The news comes a couple of months after the tumor-fighting biotech hired Chris Lowe to serve as president and CEO. Lowe replaced co-founder Craig Dionne, who left the company in March. The company, which changed its name to Inspyr from GenSpera in August, relocated … Continue reading “Inspyr Leaves San Antonio for California to Be Near Clinical Trials”
California Accelerators Enroll Startups Targeting Cannabis Industry
[Corrected 10/13/16, 9:10 am. See below.] When California voters go to the polls on November 8, among the many issues they are expected to decide is Proposition 64. If a majority of voters vote yes, the initiative would legalize the recreational use of marijuana in the Golden State for adults aged 21 years or older. … Continue reading “California Accelerators Enroll Startups Targeting Cannabis Industry”
Life Science Leaders Who Feel the Right Kind of Fear
In the world of betting on the future, life sciences find themselves in a storm, with huge opportunities, like CRISPR gene editing, and immense obstacles, such as soaring drug prices, that call for leaders of extra intensity who are imbued with a sense of crisis. Most people agree that the life sciences today, more than … Continue reading “Life Science Leaders Who Feel the Right Kind of Fear”
Relievant Medsystems Garners $36,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=57b58bfb-5951-42ac-870d-27af7e2b2f23 Date 10/12/2016 Company Name Relievant Medsystems Mailing Address 2688 Middlefield Road Redwood City, CA 94063 USA Company Description Relievant MedSystems is a medical device company developing novel products to treat lower back pain using a minimally invasive therapeutic approach. The company was founded in 2004 and is headquartered in San Francisco, … Continue reading “Relievant Medsystems Garners $36,000,000 New Round”
VenueNext Garners $15,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7d020dc4-d283-4391-9cf9-36b9071ce706 Date 10/12/2016 Company Name VenueNext Mailing Address 300 Hamilton Avenue Palo Alto, CA 94301 USA Company Description VenueNext’s adaptive technology platform ties isolated systems together so you can make real-time, data-driven decisions that connect guests to everything your venue has to offer. Website http://www.venuenext.com Transaction Type Venture Equity Transaction Amount $15,000,000 … Continue reading “VenueNext Garners $15,000,000 Series B Financing”
Zymergen Obtains $130,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fa005156-880e-45b7-9d62-41140c03e462 Date 10/12/2016 Company Name Zymergen Mailing Address 6121 Hollis St. Emeryville, CA 94608 USA Company Description At Zymergen, we make improvements to microbes used in industrial fermentation. With advanced automation and computation, we build enhanced strains for real world applications. Website http://www.zymergen.com Transaction Type Venture Equity Transaction Amount $130,000,000 Transaction Round … Continue reading “Zymergen Obtains $130,000,000 Series B Financing”
Everwise Lands $16,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a7dfdb6c-fcd4-4bda-bd6e-456f4e8ce171 Date 10/12/2016 Company Name Everwise Mailing Address 576 Sacramento Street San Francisco, CA 94111 USA Company Description Everwise has re-engineered workplace mentoring using best practices culled from industry s most effective mentoring programs and our team s real-world experience guiding more than 60,000 successful mentoring partnerships over the course of 20 … Continue reading “Everwise Lands $16,000,000 Series B Funding Round”
Kindly Care Receives $3,100,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cd1b0ccf-5092-4739-b64a-4baecbcec234 Date 10/12/2016 Company Name Kindly Care Mailing Address 305 Grant Ave. San Francisco, CA 94108 USA Company Description Kindly Care find and manage amazing caregivers for your loved one. Use Kindly Care’s mobile app to manage checklists, review work, and handle payments. Website http://www.kindlycare.com Transaction Type Venture Equity Transaction Amount $3,100,000 … Continue reading “Kindly Care Receives $3,100,000 New Round”
Webscale Networks Secures $12,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ae24180e-c996-4315-8e47-67df3111da8c Date 10/12/2016 Company Name Webscale Networks Mailing Address 201 Ravendale Drive Mountain View, CA 94043 USA Company Description Since 2012, Webscale has pioneered integrated web application delivery in the cloud. Its unique solution is the first to deliver infinite scalability, high performance, security and control in a powerful platform. Website http://www.webscalenetworks.com … Continue reading “Webscale Networks Secures $12,000,000 Series A Financing Round”
Evidation Health Garners $11,600,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2956d5a4-ea5d-42c7-bfab-695a8e831516 Date 10/12/2016 Company Name Evidation Health Mailing Address 2882 Sand Hill Road Menlo Park, CA 94025 USA Company Description Evidation Health began as a collaboration between GE Ventures and Stanford Health Care to realize a shared vision for a digital health enabled future. The company is focused on demonstrating better health … Continue reading “Evidation Health Garners $11,600,000 New Round”
Soundtrap Obtains $6,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=92f11308-582f-418c-bb61-87e1ad926f04 Date 10/12/2016 Company Name Soundtrap Mailing Address 470 Ramona St. Palo Alto, CA 94301 USA Company Description With Soundtrap you make music online. You can plug in your own instrument, use the software instruments available in Soundtrap or just record a song directly with your computer microphone. It’s super-easy! Website http://www.soundtrap.com … Continue reading “Soundtrap Obtains $6,000,000 Series A Financing Round”
Cassia Networks Receives $10,270,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=936392a2-ba50-4303-ab10-d197e5fcf391 Date 10/12/2016 Company Name Cassia Networks Mailing Address 97 E. Brokaw Road San Jose, CA 95112 USA Company Description Cassia Networks was founded in 2014 with a mission to liberate Bluetooth and make it the universal wireless protocol of choice for the next generation of IoT applications. Website http://www.cassianetworks.com Transaction Type … Continue reading “Cassia Networks Receives $10,270,000 Series B Funding Round”
IT-Biotech Hybrid Zymergen Raises $130M Round Led By SoftBank
Zymergen, a biotechnology startup that harnesses robots and machine learning to produce bioengineered microbes for customers in manufacturing and healthcare, announced today it has raised $130 million in a Series B fundraising round. For years, companies have been tweaking the genes of microbes such as bacteria to turn them into biological factories that produce everything … Continue reading “IT-Biotech Hybrid Zymergen Raises $130M Round Led By SoftBank”
How Doctors Think About Drug Prices
There are a lot of factors involved in drug pricing that don’t enter my head when I’m seeing a patient. The three letters “PBM,” for example (pharmacy benefit manager), have never crossed my mind when I’m writing a prescription. Nor has the word “rebate.” Or the phrase “pay for delay.” Or “marketing exclusivity.” Basically, I … Continue reading “How Doctors Think About Drug Prices”
Checkpoints In Lung Cancer, and Other Oncology News From Europe
The European Society for Medical Oncology’s annual conference wraps up in Copenhagen today. We’ve seen updates on heavyweight immunotherapy programs, potential options for patients with advanced breast cancer, and more. Here’s a quick roundup of the major news. LUNG CHECKS ESMO provided more evidence that the treatment of lung cancer is changing fast. Going into … Continue reading “Checkpoints In Lung Cancer, and Other Oncology News From Europe”
Soundtrap Lands $6M for Collaborative Music & Audio Creation App
Soundtrap, a recording studio app that competes with Apple’s GarageBand, announced today it has raised $6 million to expand its reach in both the consumer and education markets. Like GarageBand, Soundtrap is easy to use and has been adopted for use in schools, Soundtrap CEO and co-founder Per Emanuelsson says. What differentiates Soundtrap is that … Continue reading “Soundtrap Lands $6M for Collaborative Music & Audio Creation App”
CoContest Secures $1,890,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=262c1a8d-f1e2-47f4-b77a-41f401ba2b0a Date 10/10/2016 Company Name CoContest Mailing Address 275 Battery Street San Francisco, CA 94114 USA Company Description We make it easy and fun to renovate, modernize, and organize spaces while saving money. CoContest is a world-class platform dedicated to interior design. A passionate community of designers from all over the world … Continue reading “CoContest Secures $1,890,000 New Financing Round”
Nauto Lands Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=24e8a0b4-a9dc-4d75-816b-aea796d1b9b4 Date 10/10/2016 Company Name Nauto Mailing Address 161 Homer Street Palo Alto, CA 94301 USA Company Description NAUTO is building the onramp to an autonomous driving future with an artificial intelligence-powered connected camera network and smart cloud system. NAUTO observes, learns and makes driving safer, easier and more efficient today. Website … Continue reading “Nauto Lands Series A Round”
Remitr Secures $1,000,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e94b21bb-d52d-4176-9cc1-cadeb53bbdc3 Date 10/10/2016 Company Name Remitr Mailing Address 2600 El Camino Real Palo Alto, CA 94306 USA Company Description Remitr was set up with a vision to provide seamless & cost effective cross-border payments. We aim to provide convenience to our customers. We set for ourselves very high standards in making remittances … Continue reading “Remitr Secures $1,000,000 Seed Funding Round”
How Augmented Reality Is Transforming the Manufacturing Industry
For many Americans, the manufacturing industry brings to mind images of Industrial Revolution-era factories, World War II assembly lines, or perhaps even outsourced workshops overseas. But that picture is outdated. The truth is that the advanced technologies that are changing modern life are also revolutionizing the manufacturing industry in ways that are not yet widely … Continue reading “How Augmented Reality Is Transforming the Manufacturing Industry”
Bio Roundup: Theranos Cuts, Alnylam Stops, Nobel Eats Its Own & More
[Updated, 11:50 a.m. ET, see below] With the Caribbean and now the southeast U.S. coast bearing the brunt of Hurricane Matthew, we send our thoughts and more to those who have more pressing matters to worry about this week. But the show must go on. The biotech industry saw its own storms pass through, with … Continue reading “Bio Roundup: Theranos Cuts, Alnylam Stops, Nobel Eats Its Own & More”
Madefire Secures $6,500,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a28dc15f-50cd-48cd-91d1-0a53ba6f43b7 Date 10/7/2016 Company Name Madefire Mailing Address 1515 Folsom Street San Francisco, CA 94103 USA Company Description With A-list story talent, minds culled from leading technological innovators, and experience that combines leadership in all forms of media, we’re confident that we’re cultivating an experience people will want to share, and share … Continue reading “Madefire Secures $6,500,000 Series B Financing”
Xenio Obtains New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4c04a1e5-fbc3-4f22-9d69-e2fb165a7179 Date 10/7/2016 Company Name Xenio Mailing Address 435 Pacific Ave. San Francisco, CA 94133 USA Company Description The company believes it can accelerate the deployment of the Internet of Things by embedding its cloud-based solution into Bridgelux’s smart lights, which are controlled via internet apps. Website http://www.xeniosystems.com Transaction Type Venture Equity … Continue reading “Xenio Obtains New Funding Round”
Siri Creators Score Again With Viv, Sold to Samsung in A.I. Race
Samsung entered the conversational artificial intelligence fray in a major way Wednesday with its purchase of Viv Labs, a San Jose, CA-based startup led by three of the key people behind virtual assistant Siri. Terms of the deal weren’t disclosed. Viv’s roughly 30 employees will keep their jobs, Recode reported. Viv will work closely with … Continue reading “Siri Creators Score Again With Viv, Sold to Samsung in A.I. Race”
Press Institute Teams with Newsela to Make Kids Savvier News Consumers
Web technologies have brought financial challenges and a tidal wave of media competitors to traditional news organizations in recent decades. Now a non-profit that has been championing newspapers since 1946 is using technology to bolster demand for high-quality journalism. The American Press Institute is working with educational technology company Newsela to teach school children how … Continue reading “Press Institute Teams with Newsela to Make Kids Savvier News Consumers”
Third-Quarter Report Shows Slowdown in VC Activity, & Top 10 Deals
Venture capital activity is gradually easing from last year’s peak, according to a new quarterly report put together by Seattle-based PitchBook and the National Venture Capital Association. VC firms invested $14.99 billion in 1,810 U.S. deals (1,796 companies) during the third quarter that ended September 30, according to the inaugural “Venture Monitor” report released today. … Continue reading “Third-Quarter Report Shows Slowdown in VC Activity, & Top 10 Deals”