Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ef4801f-3c27-4cbf-a523-c1c835637e78 Date 7/8/2016 Company Name Uber Mailing Address 1455 Market St. 4th Floor San Francisco, CA 94103 USA Company Description The company has created a mobile application that allows users to request car service to pick them up wherever they are located. Website http://www.uber.com Transaction Type Debt Transaction Amount $1,150,000,000 Transaction Round … Continue reading “Uber Secures $1,150,000,000 New Financing Round”
Category: San Francisco
Hingeto Receives $1,697,548 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bad17c11-dd93-4e89-8e26-f344fda914e1 Date 7/8/2016 Company Name Hingeto Mailing Address 479 9th Street Oakland, CA 94607 USA Company Description Hingeto is a pre-sell platform that enables established fashion brands to sell every past and future product without inventory risk. Our hack is to turn customers into assets; empowering them to fund production, predict demand … Continue reading “Hingeto Receives $1,697,548 New Financing Round”
Gigsky Garners $2,915,490 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b3669500-501f-4b03-af70-fb399b3f50ff Date 7/8/2016 Company Name Gigsky Mailing Address 2390 El Camino Real Palo Alto, CA 94306 USA Company Description World mobile data for travel. Use GigSky SIM and app to have global connectivity when you want it, where you want it. Stay connected with GigSky. Website http://www.gigsky.com Transaction Type Venture Equity Transaction … Continue reading “Gigsky Garners $2,915,490 New Financing”
KaloBios Deals With Shkreli After Exiting Bankruptcy With New Cash
KaloBios Pharmaceuticals has signed an agreement with its former CEO, the embattled drug executive Martin Shkreli, to potentially buy back remaining stock Shkreli owns and to restrict his ability to sell his shares to others. The news comes a week after KaloBios—the Brisbane, CA-based biotech that was acquired by Shkreli shortly before his arrest on … Continue reading “KaloBios Deals With Shkreli After Exiting Bankruptcy With New Cash”
Riffyn Obtains New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f34476b0-6e8f-4db9-ad20-416cf1d42ab3 Date 7/7/2016 Company Name Riffyn Mailing Address 360 17th St. Oakland, CA 94612 USA Company Description Riffyn unites computer-aided design, real-time data acquisition, 24/7 cloud-based analytics, and collaborative versioning to reduce error and accelerate innovation. Website http://www.riffyn.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Riffyn Obtains New Funding Round”
Capnia Obtains $3,151,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=65ebe43b-ce97-4183-8b75-82665b6394b0 Date 7/7/2016 Company Name Capnia Mailing Address 1235 Radio Road Redwood City, CA 94065 USA Company Description CAPNIA employs its proprietary medical gas delivery system to develop therapeutic products for chronic diseases. Website http://www.capnia.com Transaction Type Venture Equity Transaction Amount $3,151,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “Capnia Obtains $3,151,000 New Financing Round”
3Scan Secures $12,999,903 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8dc805b1-576f-41a3-83b3-8e4e574ea10b Date 7/7/2016 Company Name 3Scan Mailing Address 2122 Bryant Street San Francisco, CA 94110 USA Company Description 3Scan creates new analytical perspectives on the structure of disorders such as cancer, cardiovascular disease, Alzheimer’s, and strokes. The patented Knife-Edge Scanning Microscope allows cells, tissues, and organs to be seen in 3D at … Continue reading “3Scan Secures $12,999,903 New Funding Round”
Light Garners $30,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=caa00b12-df27-412e-896f-a9ebb6702683 Date 7/7/2016 Company Name Light Mailing Address 636 Ramona St. Palo Alto, CA 94301 USA Company Description Creative technologists on a mission to reimagine the art and science of photography through ultra-high megapixel camera technologies. Website http://www.light.co Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round Series C Proceeds Purposes We … Continue reading “Light Garners $30,000,000 Series C Funding”
LeanTaaS Obtains $8,999,994 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=90f3267e-d261-4a08-8388-b6eb5ff7d220 Date 7/7/2016 Company Name LeanTaaS Mailing Address 469 El Camino Real Santa Clara, CA 95050 USA Company Description LeanTaaS iQueue looks at the big picture – your resource availability, staff schedules, operating hours, appointment history and hundreds of other parameters, and uses machine learning combined with patented mathematical models to ensure … Continue reading “LeanTaaS Obtains $8,999,994 New Funding Round”
Google Acquires Anvato for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=deb29807-83b0-4d14-9cec-aa8514204fb2 Date 7/7/2016 Company Name Anvato Mailing Address 425 North Whisman Road Mountain View, CA 94043 USA Company Description Anvato’s end-to-end platform combines live and on-demand video publishing, broadcast-quality distribution, reporting, & monetization both for web & mobile. Website http://www.anvato.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms … Continue reading “Google Acquires Anvato for Undisclosed Sum”
Recruitment Goal In Obama Precision Med Study: 1M in 3 or 4 Years
The Obama administration’s push to sign up one million Americans for a long-term health study will start in New York, Pittsburgh, Chicago, and Tucson, AZ, top health officials said today. National Institutes of Health director Francis Collins (pictured) and FDA commissioner Rob Califf spoke on a call this afternoon to update the Precision Medicine Initiative, … Continue reading “Recruitment Goal In Obama Precision Med Study: 1M in 3 or 4 Years”
Osmo Game Aims To Lower Age Limit To Learn Concepts Behind Coding
Literacy is being redefined in our era of digital technology. The language of coding is becoming an essential element of literacy in the United States—as Latin and Greek once were for ambitious American colonists when the Declaration of Independence was signed 240 years ago. Elite elementary schools are now introducing very young children to basic … Continue reading “Osmo Game Aims To Lower Age Limit To Learn Concepts Behind Coding”
Code School Leaders Share Their Edtech Picks To Make All Kids “Coding Natives”
Workers who already have a college degree now often top off their credentials by doing a stint at a code school—July and August are the peak enrollment periods, says San Francisco-based online code school Bloc. Others seek graduate degrees in computer science, or just study on their own via online courses, to add coding to … Continue reading “Code School Leaders Share Their Edtech Picks To Make All Kids “Coding Natives””
LabDoor Obtains $4,340,587 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3e9337f5-be53-47b2-8227-4440d384a23f Date 7/6/2016 Company Name LabDoor Mailing Address One Ferry Building San Francisco, CA 94111 USA Company Description In every drugstore aisle in America, shoppers cast the classic pose: two products in hand, confusion on their faces as they attempt to decipher the advertising claims and safety labels. It’s an important decision, … Continue reading “LabDoor Obtains $4,340,587 New Financing”
Twistlock Lands $10,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=691ec5a3-5b80-488a-8ce8-523373727b51 Date 7/6/2016 Company Name Twistlock Mailing Address 156 2nd St. San Francisco, CA 94105 USA Company Description Twistlock is the first enterprise solution to make containers secure. Twistlock enables developers and security operations teams to keep container-based applications safe. Website http://www.twistlock.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round Series … Continue reading “Twistlock Lands $10,000,000 Series A Funding Round”
3-V Biosciences Garners $5,437,612 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8c147406-8cd7-4923-bfb5-c5a121eca36f Date 7/6/2016 Company Name 3-V Biosciences Mailing Address 1050 Hamilton Court Menlo Park, CA 94025 USA Company Description 3-V Biosciences is a biopharmaceutical company developing therapeutics for the treatment of infectious diseases. Website http://www.3vbio.com Transaction Type Venture Equity Transaction Amount $5,437,612 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “3-V Biosciences Garners $5,437,612 New Funding Round”
Veriflow Receives $8,200,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ec3f928b-ad37-46fc-8bec-f2070416c0e7 Date 7/6/2016 Company Name Veriflow Mailing Address 1901 Harrison St. Oakland, CA 94612 USA Company Description Despite outlays of over $80 billion on network protection in 2015, enterprises saw a dramatic increase in both breaches and outages. The major cause of breaches and outages are change events, with over 80% caused … Continue reading “Veriflow Receives $8,200,000 Series A Funding”
SGN Acquires TinyCo for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d4ec676-3c15-4bb4-8ee8-32b60290e6f4 Date 7/6/2016 Company Name TinyCo Mailing Address 225 Bush St 19th Floor San Francisco, CA 94104 USA Company Description The company designs casual games that can be played on mobile devices. Website http://www.tinyco.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Buying TinyCo helps us diversify the … Continue reading “SGN Acquires TinyCo for Undisclosed Sum”
3 Things You (Probably) Don’t Know about Indiana Innovation
People who live outside of Indiana probably know a few things about it: The Indianapolis 500, a.k.a. “The Greatest Spectacle in Racing,” is run every Memorial Day weekend; Indiana limestone was used to build the Empire State Building, the National Cathedral, and the Pentagon; and Indiana sugar cream pie is the best dessert ever. But … Continue reading “3 Things You (Probably) Don’t Know about Indiana Innovation”
Workday Acquires Zaption for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5b81636a-96f3-457d-947f-6493eda51f47 Date 7/5/2016 Company Name Zaption Mailing Address 645 Harrison St. San Francisco, CA 94107 USA Company Description Zaption, a San Francisco based tech startup, is revolutionizing online video for education. Teachers, trainers, and content publishers use Zaption’s intuitive web app to quickly add images, text, quizzes, and discussions to existing videos … Continue reading “Workday Acquires Zaption for Undisclosed Sum”
Xconomy’s Top Innovation Stories of the Half Year
Here we are at the midpoint of 2016 already. Time to look back on the past six months—and some of the top stories of the year so far. The following represent a cross-section of what Xconomy offers on a daily basis: in-depth reporting from the front lines of technology and business innovation; coverage from 11 … Continue reading “Xconomy’s Top Innovation Stories of the Half Year”
Milestones of Innovation 12: Overflight Of Russia’s Ultimate Weapons
Sixty years ago, on the Fourth of July, 1956, the American President gained a capacity that has never been lost: clear pictures from above of Russia’s thermonuclear weapons delivery system. Because the images ended up shrinking the world’s appetite for tools of ultimate destruction, it is hard to think of a more significant innovation. The … Continue reading “Milestones of Innovation 12: Overflight Of Russia’s Ultimate Weapons”
Biotech Roundup: Moonshots, Pink Slips, Gilead, Brexit & More
The word of the week was “moonshot,” as U.S. Vice President Joe Biden’s cancer initiative convened a summit in Washington, DC. At the gathering, Biden took verbal shots at scofflaw cancer researchers and at drug prices, while the FDA said it would take a shot at restructuring the way it evaluates oncology products. Gilead Sciences … Continue reading “Biotech Roundup: Moonshots, Pink Slips, Gilead, Brexit & More”
Why Finance Should Take a Page Out of the Credit Card Industry’s Book
U.S. federal and financial regulators recently advised banks nationwide to assess the strength of their safeguards against cyber fraud. The warning comes after a string of cyber heists and attempted heists against banks around the world, including the $81 million theft from the Bangladesh central bank. These crimes have opened the financial industry’s eyes to … Continue reading “Why Finance Should Take a Page Out of the Credit Card Industry’s Book”
Index Obtains $19,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a372ec43-2760-4762-9693-8808cd977af0 Date 7/1/2016 Company Name Index Mailing Address 250 Montgomery St. San Francisco, CA 94104 USA Company Description Bringing secure payments, rich analytics, personalized marketing and loyalty to online and offline retail. Transform your business with Index. Website http://www.index.com Transaction Type Venture Equity Transaction Amount $19,000,000 Transaction Round Series B Proceeds Purposes … Continue reading “Index Obtains $19,000,000 Series B Funding”
Spirometrix Obtains $17,400,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3056c321-adb1-483e-bed7-310d45960cdf Date 7/1/2016 Company Name Spirometrix Mailing Address 6210 Stoneridge Mall Road Pleasanton, CA 94588 USA Company Description Our goal is to one day provide low cost devices that could tell the consumer their daily health status using a single breath, in the comfort of their home, thus fulfilling our company slogan: … Continue reading “Spirometrix Obtains $17,400,000 Series C Round”
Revinate Receives $13,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=801be234-51fb-4d5c-9b5a-947c80c01678 Date 7/1/2016 Company Name Revinate Mailing Address 1 Letterman Dr. San Francisco, CA 94129 USA Company Description Revinate is a software platform designed exclusively for the hospitality industry that makes it easy to take control of your online reputation by using online reviews and social media to learn from and connect … Continue reading “Revinate Receives $13,000,000 New Financing Round”
Nvest Garners $3,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0b21f13b-9b62-446e-a046-c8799fef83e4 Date 7/1/2016 Company Name Nvest Mailing Address 225 Valencia St. San Francisco, CA 94103 USA Company Description Nvest is a performance-tracked stock recommendation platform that helps investors gain credible information about the market. Stock investors pay increasing attention to stock advice before their investment decision. However, the problem is that people … Continue reading “Nvest Garners $3,000,000 New Financing”
Google Capital Backs Public Firm Care.com as Investment Lines Blur
[Corrected 6/30/16, 2:49 p.m. See below.] Google Capital’s $46.35 million investment in publicly traded Care.com, announced Wednesday, marked a departure from the firm’s usual bets on late-stage private companies and illustrated how the traditional lines in the venture capital world are being redrawn. Care.com (NYSE: [[ticker:CRCM]]) is the first investment in a public firm by … Continue reading “Google Capital Backs Public Firm Care.com as Investment Lines Blur”
Riding Moonshot, FDA Will Revamp Its Cancer Practice. To What End?
As part of a national cancer “moonshot” initiative led by Vice President Joe Biden, the FDA said Wednesday it would retool the way it evaluates cancer treatments and tests. But to what end? The goals of the FDA’s new Oncology Center of Excellence remain vague, as does its structure. In a speech Wednesday morning at … Continue reading “Riding Moonshot, FDA Will Revamp Its Cancer Practice. To What End?”
Harvard’s Springer Gets $51.5M From Pharmas, Others, For Latest Startup
Inside our bodies, our cells move around, communicate, form new tissue, and heal wounds with the help of proteins called integrins. But when disease occurs, integrins get the wrong cues and do damage—they might help tumors grow, or promote inflammation or scarring inside the body. Several drugs to block bad integrin behavior and treat a … Continue reading “Harvard’s Springer Gets $51.5M From Pharmas, Others, For Latest Startup”
ScootNetworks Receives New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0d17e690-9ebe-463d-a2e8-25c711423961 Date 6/30/2016 Company Name ScootNetworks Mailing Address 1077 Howard St. San Francisco, CA 94103 USA Company Description ScootNetworks is mobility for the city: A fleet of smartphone-enabled, 30 MPH, electric, Vespa-style scooters offered in a convenient, bicycle sharing-type system. Starting in San Francisco, they will be available on-demand throughout major cities, … Continue reading “ScootNetworks Receives New Funding”
Ifeelgoods Garners $6,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=079ea8d0-3699-48e2-92f7-2c6bae8558be Date 6/30/2016 Company Name Ifeelgoods Mailing Address 550 Hamilton Avenue Palo Alto, CA 94301 USA Company Description Ifeelgoods provides a frictionless platform that enables marketers to instantly reward their audiences in a variety of solutions – Commerce, CRM, Social Media, Shopper Marketing, Loyalty and others. Website http://www.ifeelgoods.com Transaction Type Venture Equity … Continue reading “Ifeelgoods Garners $6,000,000 New Funding Round”
Tempo Automation Lands $8,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=464fc4e4-e6ef-484d-8f1c-4b526e75ecb8 Date 6/30/2016 Company Name Tempo Automation Mailing Address 1500 Michigan St. San Francisco, CA 94124 USA Company Description Tempo Automation provides the fastest and most seamless development tools for electrical engineers. We’re creating a world where electronics development can move as fast as software development. Website http://www.tempoautomation.com Transaction Type Venture Equity … Continue reading “Tempo Automation Lands $8,000,000 Series A Funding Round”
Pebble Lands $12,800,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=09d8df09-8643-47d5-8191-5cb28c5c3393 Date 6/30/2016 Company Name Pebble Mailing Address 639 High St. Palo Alto, CA 94301 USA Company Description Pebble is a customizable, Bluetooth-enabled smartwatch that connects to iPhone and Android smartphones. It features a 144×168 1-bit display, a 3-axis accelerometer and a Cortex-M3 ARM microprocessor. Pebble can be customized by installing new … Continue reading “Pebble Lands $12,800,000 New Financing Round”
NeuroVision Garners $5,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ca6e71ae-149b-41e4-9d53-5db16af7c19b Date 6/30/2016 Company Name NeuroVision Mailing Address 1395 Garden Hwy Sacramento, CA 95833 USA Company Description NeuroVision is an integrated neuroscience company focused on delivering scientifically validated, diagnostic tests & biomarkers for early detection and monitoring of amyloid pathology related to Alzheimer’s Disease. Website http://www.neurovision.com Transaction Type Venture Equity Transaction Amount … Continue reading “NeuroVision Garners $5,000,000 Series B Financing Round”
Bitmovin Secures $678,161 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f22ec800-4199-4585-9319-6c96c2dfee63 Date 6/30/2016 Company Name Bitmovin Mailing Address 530 Lytton Avenue 2nd Floor Palo Alto, CA 94301 USA Company Description Bitmovin delivers online video faster, with no buffering! Adaptive Video Encoding and HTML5 Player – MPEG-DASH – HLS – VR 360 – DRM. Website http://www.bitmovin.com Transaction Type Debt Transaction Amount $678,161 Transaction … Continue reading “Bitmovin Secures $678,161 New Financing”
SmartRecruiters Lands $30,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=33e74749-4148-4c39-b2c4-f04539d8fe04 Date 6/30/2016 Company Name SmartRecruiters Mailing Address 56 Tehama Street San Francisco, CA 94105 USA Company Description SmartRecruiters was founded in San Francisco in September 2010 by Jerome Ternynck, a recognized recruiting expert and pioneer of the recruiting software industry. We raised $1m from several angels in October 2010 and are … Continue reading “SmartRecruiters Lands $30,000,000 Series C Financing Round”
No Stairway (Infringement) and the Importance of Shared Design Tools in Innovation
Led Zeppelin just won a major copyright case defending against infringement claims from the estate of Randy California—songwriter for the band Spirit. At first listen, the opening guitar part of Zeppelin’s Stairway to Heaven does sound a lot like California’s guitar part in the middle of Taurus. But as I explain in a longer blog … Continue reading “No Stairway (Infringement) and the Importance of Shared Design Tools in Innovation”
The Future of Human-Machine Culture Imagined At Robo Madness West
Roboticists covered a sweeping range of topics at Xconomy’s annual Robo Madness West conference last week, from the ethics of artificial intelligence to the powerful impact of robots that have faces. Two themes ran through all the panel discussions, whether they focused on robot design, logistics and manufacturing, drones, or artificial intelligence. Speakers repeatedly brought … Continue reading “The Future of Human-Machine Culture Imagined At Robo Madness West”
Moderna Gets $200M More, Deepens Merck Ties With New Cancer Pact
Moderna Therapeutics still hasn’t produced data in humans supporting its technology, which is meant to turn our bodies into little drugmaking factories. But the Cambridge, MA-based company nonetheless keeps grabbing the attention, and cash, of other drugmakers. Moderna said today that it will work with Merck (NYSE: [[ticker:MRK]]) to develop “personalized” cancer vaccines based on … Continue reading “Moderna Gets $200M More, Deepens Merck Ties With New Cancer Pact”
Keen IO Lands $14,700,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=296c8eb6-059b-477e-9dd7-145d0d214d33 Date 6/29/2016 Company Name Keen IO Mailing Address 1458 Howard St. San Francisco, CA 94103 USA Company Description Every time someone blinks, breathes, starts the engine on their car, or taps something in an iPhone app, an event has occurred. Keen is the cloud data warehouse & analysis platform for event … Continue reading “Keen IO Lands $14,700,000 Series B Funding”
Compass Receives $1,000,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c4fb7e4d-db3f-4be2-bdf2-5239ae2ffdbf Date 6/29/2016 Company Name Compass Mailing Address 212 Clara Street San Francisco, CA 94107 USA Company Description Compass is made for executives who seek visibility on how to improve their business’ ROI without having to rely on an analyst or a consultant. Compass automatically prepares best-practice reports and benchmarks for your … Continue reading “Compass Receives $1,000,000 Seed Funding”
ForUsAll Obtains $9,500,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ff3dad09-17e5-4323-aa46-aec63fcf8f74 Date 6/29/2016 Company Name ForUsAll Mailing Address 350 Townsend Street San Francisco, CA 94107 USA Company Description We have a very simple goal here at ForUsAll – to make sure that every American has a fair shot at retirement success, no matter how small the company they work for or own. … Continue reading “ForUsAll Obtains $9,500,000 Series A Funding Round”
LOFT Lands $13,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=30202c06-e4f2-4592-a210-df21db721a5c Date 6/29/2016 Company Name LOFT Mailing Address 99 Almaden Blvd. San Jose, CA 95113 USA Company Description LOFT Inc., is an innovator in the 3D visualization of home furnishings in rooms. Its core technology enables photographs of a room to quickly be turned into a 3D environment that can be redecorated … Continue reading “LOFT Lands $13,000,000 Series B Funding”
Startup M&A: Why a Letter of Intent Deserves Your Full Attention
You might know it as a letter of intent or a term sheet. Maybe you’ve heard it referred to as an MOU, or memorandum of understanding. Whatever you call it, this document of about five pages is a summary of the terms of a deal the parties hope to close down the line. If buyers … Continue reading “Startup M&A: Why a Letter of Intent Deserves Your Full Attention”
CloudLock Bought by Cisco for $293M After Pivot to Cloud Security
The Boston-area cybersecurity scene is ripe with acquisition targets. IBM bought incident-response firm Resilient Systems earlier this year. Now, Cisco Systems says it is acquiring CloudLock, a Waltham, MA-based cloud security company, for $293 million in cash and stock, plus retention-based incentives for CloudLock employees who join Cisco. It’s one of the biggest exits of the … Continue reading “CloudLock Bought by Cisco for $293M After Pivot to Cloud Security”
More Job Cuts at Infinity As AbbVie Sends Back Blood Cancer Drug
The outlook for Infinity Pharmaceuticals didn’t look good after its blood cancer drug, duvelisib, came up short in a critical clinical trial a few weeks ago, and the situation has gotten worse today. AbbVie has sent the rights to duvelisib back to Infinity, leading to another round of job cuts at the Cambridge, MA, company. … Continue reading “More Job Cuts at Infinity As AbbVie Sends Back Blood Cancer Drug”
AREVO Lands $7,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a841cbe1-4599-4808-b93f-a758985acc89 Date 6/28/2016 Company Name AREVO Mailing Address 2960 Scott Boulevard Santa Clara, CA 95054 USA Company Description Advanced Materials, Intelligent Software and Additive Manufacturing Technology to make Ultra-Strong Composite Parts. AREVO 3D Printed Carbon Fiber Composite Materials are enabling parts for Aerospace, Oil & Gas, Medical, Automotive and Electronics Industries. Website … Continue reading “AREVO Lands $7,000,000 Series A Round”
Stationfy Garners $50,000 Seed Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fb483a49-f8bb-4056-ae1c-c79b51b07c5b Date 6/28/2016 Company Name Stationfy Mailing Address Undisclosed San Francisco, CA 94107 USA Company Description Stationfy help you to watch instant videos about events and all the things that inspire you. Find communities and experience a unique way to watch events in real-time. Website http://www.stationfy.com Transaction Type Accelerator Transaction Amount $50,000 … Continue reading “Stationfy Garners $50,000 Seed Round”