DraftKings is in a growth phase, attempting to draw as many users as possible to its daily fantasy sports website, which in turn the company hopes will drive more sports fans to advertising partners that include ESPN and FOX Sports, according to CEO and co-founder Jason Robins. The Boston-based startup this week raised a $300 million Series … Continue reading “DraftKings CEO: Early interest From MLB, Kraft Group ‘Eye-Opening’”
Category: Boston
Sanofi, Regeneron Set Sights on Immuno-Oncology With New $2B+ Pact
Regeneron Pharmaceuticals has risen to prominence in part by working with Sanofi to develop drugs for a number of diseases, most recently high cholesterol. Now the two are trying their hands at biotech’s hottest, and most crowded field, immuno-oncology, through a new wide-ranging deal that will see the two companies jointly invest more than $2 … Continue reading “Sanofi, Regeneron Set Sights on Immuno-Oncology With New $2B+ Pact”
Seniorlink Garners $20,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7d1e430b-6929-4d53-bd68-bc398e979a68 Date 7/28/2015 Company Name Seniorlink Mailing Address 500 Boylston Street Boston, MA 02116 USA Company Description Seniorlink is dedicated to helping frail seniors and people with disabilities live with dignity and independence. Website http://www.seniorlink.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “Seniorlink Garners $20,000,000 New Funding Round”
Radius Health Hires Ex-GSK Lorraine Fitzpatrick as CMO
Radius Health (NASDAQ: [[ticker:RDUS]]) of Waltham, MA, a developer of treatments for osteoporosis and cancer, said today it has brought Lorraine Fitzpatrick on board as chief medical officer. Fitzpatrick previously was with GlaxoSmithKline (NYSE: [[ticker:GSK]]) and Amgen (NASDAQ: [[ticker:AMGN]]). Fitzpatrick joins an executive team that went through a tremendous amount of churn in late 2013 and … Continue reading “Radius Health Hires Ex-GSK Lorraine Fitzpatrick as CMO”
Qlik CEO Lars Björk Discusses Big Data and Artificial “Stupidity”
Big data has been a hot topic for awhile now, putting companies such as Qlik in an in-demand market—that also gets noisier and noisier by the hour. Startups and larger software developers trip over each other trying be the service that sorts out mountains of digital information. Microsoft has teams of researchers here constantly creating … Continue reading “Qlik CEO Lars Björk Discusses Big Data and Artificial “Stupidity””
Healthtech Startup ConsortiEX Closes $1M Round Led By Open Prairie
ConsortiEX, a healthcare IT startup with roots in both Wisconsin and Massachusetts, has closed a $1 million funding round led by Open Prairie Ventures, the company announced today. ConsortiEX developed an ordering and tracking software system for the production and distribution of sterile injectable compounds, such as antibiotics, analgesics, and neuromuscular blockers. Its target customers … Continue reading “Healthtech Startup ConsortiEX Closes $1M Round Led By Open Prairie”
DraftKings Plans International Growth With $300M Funding
Just a month after Walt Disney Co. reportedly backed out of a expected investment in Boston startup DraftKings, the Bay State company has found some other big-name investors willing to bet on its ability to rule the daily fantasy sports world. FOX Sports, which represents 21st Century FOX’s US-based sports assets, announced it is leading … Continue reading “DraftKings Plans International Growth With $300M Funding”
Are Qualcomm Layoffs a Disaster for San Diego—or an Opportunity?
After years of strong corporate and financial growth, the pace of change in the wireless industry has forced a massive global layoff at San Diego-based Qualcomm (NASDAQ: [[ticker:QCOM]]. If the wireless giant had only 1,000 employees, a layoff of 150 folks would not be big news. But with a worldwide payroll of 31,000, and a … Continue reading “Are Qualcomm Layoffs a Disaster for San Diego—or an Opportunity?”
Beer Out as Struggling Aegerion Shuffles Leadership Ranks
It’s been a tumultuous few years for Aegerion Pharmaceuticals, marred by a stalled drug launch, the rise of new competitors, and a plummeting stock. And today its embattled CEO is leaving the company. Cambridge, MA-based Aegerion (NASDAQ: [[ticker:AEGR]]) said this morning that CEO Marc Beer has resigned, effective immediately. Chief operating officer Craig Fraser is … Continue reading “Beer Out as Struggling Aegerion Shuffles Leadership Ranks”
Boston’s Ecovent Snags $6.9M for Wireless Climate-Control Tech
Ecovent, the Boston startup whose wireless technology promises room-by-room control of a home’s temperature, has received $6.9 million in Series A funding as it prepares to ship its first round of products in August. The company has already pre-sold $1 million worth of its temperature-controlling technology, which starts at about $490 per order during the … Continue reading “Boston’s Ecovent Snags $6.9M for Wireless Climate-Control Tech”
AdAgility Lands $1,600,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=97163bec-2cf2-43e5-be52-318a43d6a9e6 Date 7/27/2015 Company Name AdAgility Mailing Address 760 Main Street Waltham, MA 02451 USA Company Description AdAgility is on a mission to ease the management and execution of cross-selling. Capitalizing on the convergence of ad-tech and marketing-tech, the AdAgility platform enables monetization experts, ecommerce, and partnership teams with the tools they … Continue reading “AdAgility Lands $1,600,000 New Financing”
Phoodeez Secures $75,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d3c76ce6-4a0e-4953-b87c-c30591850391 Date 7/27/2015 Company Name Phoodeez Mailing Address 179 Lincoln Street 4th Floor Boston, MA 02111 USA Company Description It was late on a weeknight in an MIT Sloan MBA program conference room. Sal Lupoli and Christine Marcus were among 100 other students crunching for finals, and they were hungry. Really hungry, … Continue reading “Phoodeez Secures $75,000 New Round”
DraftKings Garners $300,000,000 Series D Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f8af6aff-3553-4bf9-adbb-42b7a23c046a Date 7/27/2015 Company Name DraftKings Mailing Address 47 Winter Street 3rd Floor Boston, MA 02108 USA Company Description DraftKings, which was recently named one of “Five you should follow” by Mass High Tech’s Startup Watch, allows people to not only play for one day, but they can bet through the website … Continue reading “DraftKings Garners $300,000,000 Series D Funding Round”
Xconomy’s EXOME Presents: Boston’s Life Science Disruptors
Every life sciences startup aims to shake up and challenge the status quo. But which Boston companies are taking the most radical approaches and seem poised to become the biggest disruptors? What are their goals, what is their approach to building a great biotech company, and how are the founders working with their leading venture … Continue reading “Xconomy’s EXOME Presents: Boston’s Life Science Disruptors”
FDA OKs Cholesterol Fighter Praluent For More Patients Than Expected
The FDA has approved alirocumab (Praluent), a drug that gives people who aren’t helped enough by statins a new option to lower their cholesterol and fight heart disease. How many people might that be, however, is a subject of intense scrutiny, as the FDA seems to have given doctors wide discretion in prescribing the drug. … Continue reading “FDA OKs Cholesterol Fighter Praluent For More Patients Than Expected”
VoltDB Revs Up for Fast-Database Race With $9.8M More
One of the quieter database-tech startups around town is VoltDB. I’m not sure why that is, but probably because databases are hard for non-techies to understand—and there are so many database startups in the Boston area. Nevertheless, Bedford, MA-based VoltDB is going about its business, and this week it announced it raised $9.8 million in … Continue reading “VoltDB Revs Up for Fast-Database Race With $9.8M More”
East Coast Biotech Roundup: Biogen, RaNA, Inotek, Disruptors & More
This week offered a reminder of how quickly success can come and go in biotech. One of the Boston area’s stalwart biotechs saw its stock land right back where it had been last year before a short-lived boom; another had its coming out party on Wall Street after some good news from the FDA. Those … Continue reading “East Coast Biotech Roundup: Biogen, RaNA, Inotek, Disruptors & More”
VCs Back Voxel8 to See If a Professor’s Startup Can 3D-Print Money
Faculty members seem to be starting more companies these days. It’s particularly noticeable in the Boston area, where entrepreneurial professors are flourishing at MIT, Harvard, Northeastern, and other schools. One rising startup that fits that mold is Somerville, MA-based Voxel8, a maker of 3D printers that can print electronics. Voxel8 says today it has raised … Continue reading “VCs Back Voxel8 to See If a Professor’s Startup Can 3D-Print Money”
Remedy Partners Lands $50,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ded6dd14-0f54-4e73-9267-16d184cd3d31 Date 7/24/2015 Company Name Remedy Partners Mailing Address 1120 Boston Post Road Darien, CT 06820 USA Company Description A serious health episode can make anybody feel alone, confused and overwhelmed. We see a tremendous opportunity to unite families and care teams around a patient during and after a hospitalization – when … Continue reading “Remedy Partners Lands $50,000,000 Series B Financing”
VENTUREAPP Obtains $2,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=993b4a8c-0a7b-4c29-90c8-2f834d345064 Date 7/24/2015 Company Name VENTUREAPP Mailing Address Undisclosed Boston, MA 19103 USA Company Description VENTUREAPP provides on-demand solutions for the world’s best ventures. If you are a potential vendor, service provider or partner for VentureApp, please fill in the application below to begin the on-boarding process. Website http://www.ventureapp.com Transaction Type Venture … Continue reading “VENTUREAPP Obtains $2,000,000 New Financing Round”
Voxel8 Garners $12,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1e38bc7a-de8e-42d1-8bdb-435c15db6888 Date 7/24/2015 Company Name Voxel8 Mailing Address 28 Dane Street Somerville, MA 02143 USA Company Description Voxel8 has created the world’s first multi-material 3D printer capable of printing embedded electronics and other novel devices. The company’s platform goes beyond prototype printing and brings the capability of functional materials printing to the … Continue reading “Voxel8 Garners $12,000,000 Series A Funding Round”
3Derm Systems Lands $480,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9f0c6eac-abbe-45df-9036-5b16a6c3ded4 Date 7/24/2015 Company Name 3Derm Systems Mailing Address 55 Whitney Ave. New Haven, CT 06510 USA Company Description 3Derm Systems is developing a low-cost skin monitoring solution that allows patients to take clinical-quality 3D images from the comfort of their own homes. Dermatologists can use the uploaded images to efficiently monitor … Continue reading “3Derm Systems Lands $480,000 New Funding”
Testive Receives $2,158,270 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=daabb44b-c9fe-42db-9447-b7b397a086ea Date 7/24/2015 Company Name Testive Mailing Address 121 Hudson St. Somerville, MA 02144 USA Company Description Using adaptive algorithms and engaging experiences, Testive helps companies engage with students and students engage with the test prep process. Testive powers solutions for some of the largest companies in test preparation. Website http://www.testive.com Transaction … Continue reading “Testive Receives $2,158,270 New Financing”
PlatformQ Lands $10,560,514 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a428975f-70ff-41f1-81b2-d89280c70fca Date 7/24/2015 Company Name PlatformQ Mailing Address 100 Crescent Road Needham, MA 02494 USA Company Description PlatformQ is the leading producer of live online events for audiences from 500 to 50,000. PlatformQ brings attendees, thought leaders, and product and service providers together in engaging interactive environments. Website http://www.platformq.com Transaction Type Venture … Continue reading “PlatformQ Lands $10,560,514 New Financing Round”
Ginkgo Bioworks Adds $45M to Expand Organism Engineering
Ginkgo Bioworks has raised its second round of funding this year, a $45 million Series B, which it plans to use to create new kinds of synthetically engineered organisms and build a second production facility. The Boston-based company designs and builds organisms for customers that can be turned into customized cultured ingredients, such as flavors, … Continue reading “Ginkgo Bioworks Adds $45M to Expand Organism Engineering”
“Boston’s Life Science Disruptors” to Share Their Stories on Sept. 30
The concept of “disruption” has become a buzzword in biotech, a term signifying the dreams of companies looking to make a big impact on the world of healthcare. Yet that type of risk-taking and innovation typifies the startup biotech, where the odds are stacked against you and the road to success is long, costly, and … Continue reading ““Boston’s Life Science Disruptors” to Share Their Stories on Sept. 30”
MIT Stealth Spinout, Pi, Charges Up Wireless Power Competition
When you think of wireless power—the ability to charge a device without a power cord—most people in Boston think of WiTricity, the MIT spinout that has raised north of $45 million and has partnerships with Toyota and Intel. But there’s a new kid on the block. Xconomy has learned of a new MIT startup called … Continue reading “MIT Stealth Spinout, Pi, Charges Up Wireless Power Competition”
Ra Pharma Gets $58.5M in Crossover Cash to Target Rare Blood Disease
Ra Pharmaceuticals, a Cambridge,MA-based company that signed a large collaboration deal with Merck two years ago, has received a $58.5 million Series B financing to take its first drug, a potential treatment for an ultra-rare blood disorder, called paroxysmal nocturnal hemoglobinuria, into human clinical testing. PNH occurs when a part of the immune system called … Continue reading “Ra Pharma Gets $58.5M in Crossover Cash to Target Rare Blood Disease”
Companies May Stay Private as VCs Invest $32.5B, Report Says
As record levels of venture funding piles into startups, more companies may stay private rather than file for initial public offerings, according to venture capital database CB Insights and accounting firm KPMG. Private companies raised more than $32.5 billion in the second quarter of 2015, with about half of the total coming from 61 deals … Continue reading “Companies May Stay Private as VCs Invest $32.5B, Report Says”
Are Humans the Key to Discovery in a World of Digital Abundance?
We are drowning in content. Blogs made everyone a journalist. Self-publishing made everyone an author. YouTube made everyone a filmmaker. iTunes made everyone a musician. Publishing houses, record labels, and newsrooms have lost their long-held position as gatekeepers of taste. This is largely a good thing, particularly for aspiring artists. I’m a novelist. FG Press … Continue reading “Are Humans the Key to Discovery in a World of Digital Abundance?”
RaNA CEO Renaud Turns To A Former Backer To Lead $55M Series B
Tiny biotech RaNA Therapeutics brought in Wall Street-savvy CEO Ronald Renaud last year, and today the startup announced its biggest round of funding to date led by an investor whose past ties to Renaud ended with a surprising and lucrative exit. Under Renaud, Cambridge, MA-based RaNA has raised a $55 million Series B round, its … Continue reading “RaNA CEO Renaud Turns To A Former Backer To Lead $55M Series B”
RaNA Therapeutics Receives $55,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5fb28ae8-56e5-46e2-bae9-8170cb09d53d Date 7/23/2015 Company Name RaNA Therapeutics Mailing Address 790 Memorial Drive Cambridge, MA 02139 USA Company Description RaNA Therapeutics is a biotechnology company using its proprietary RNA upregulation platform to discover and develop highly selective epigenetic modulators of gene expression. RaNA’s technology upregulates the expression of desirable genes that can prevent … Continue reading “RaNA Therapeutics Receives $55,000,000 Series B Funding Round”
VoltDB Receives $9,820,864 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=03f73b52-401c-4781-b87f-b8eb4108b963 Date 7/23/2015 Company Name VoltDB Mailing Address 209 Burlington Road Bedford, MA 01730 USA Company Description VoltDB is solving the problem of database scalability for applications with fast-growing transaction (OLTP) workloads such as those found in Web 2.0, financial trading, gaming, telecommunications and software as a service (SaaS) businesses. Website http://voltdb.com … Continue reading “VoltDB Receives $9,820,864 New Funding Round”
ACT.md Lands $8,400,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c92fbc59-4295-4eb0-b39b-c9a761211688 Date 7/23/2015 Company Name ACT.md Mailing Address 186 Lincoln Street Boston, MA 02111 USA Company Description ACT.md provides a team-based care platform comprised of both a HIPAA-compliant web-based software and professional coordination services. Website http://www.act.md Transaction Type Venture Equity Transaction Amount $8,400,000 Transaction Round Series A Proceeds Purposes ACT.md will leverage … Continue reading “ACT.md Lands $8,400,000 Series A Financing”
Exosite Garners New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=14a41b45-4396-4d97-932c-cedb5dfcdffb Date 7/23/2015 Company Name Exosite Mailing Address 275 Market St. Minneapolis, ME 55405 USA Company Description Exosite, headquartered in Minneapolis, MN, is a leading developer of cloud-based solutions that enable customers to connect smart devices to the Internet for remote control, monitoring, and business analytics. Website http://www.exosite.com Transaction Type Venture Equity … Continue reading “Exosite Garners New Financing”
Ginkgo Bioworks Garners $45,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b48ddf12-2d77-438c-9ff1-f0d90b8bf1ed Date 7/23/2015 Company Name Ginkgo Bioworks Mailing Address 27 Drydock Ave. 8th Floor Boston, MA 02210 USA Company Description At Ginkgo BioWorks we are expanding the role of biology in our world. Nature’s biodiversity holds answers to challenges in health, energy, food, materials, and more. Organism Engineers at Ginkgo learn from … Continue reading “Ginkgo Bioworks Garners $45,000,000 New Funding”
KalVista Pharmaceuticals Lands $33,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=90074949-ad06-4131-85c7-f6eeb1814383 Date 7/23/2015 Company Name KalVista Pharmaceuticals Mailing Address 75 Arlington Street Boston, MA 02116 USA Company Description KalVista is a research-led pharmaceutical company focused on the discovery, development and commercialization of small molecule serine protease inhibitors as new treatments for diseases with significant unmet need. Website http://www.kalvista.com Transaction Type Venture Equity … Continue reading “KalVista Pharmaceuticals Lands $33,000,000 Series B Funding”
Ra Pharmaceuticals Receives $58,500,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=14ce04a1-2418-49f2-be10-ff6c82b16b63 Date 7/23/2015 Company Name Ra Pharmaceuticals Mailing Address One Kendall Square Cambridge, MA 02139 USA Company Description Ra Pharmaceuticals is developing Cyclomimetics, a new drug class with the diversity and specificity of antibodies, coupled with the many benefits of small molecules. Ra Pharma’s peptide-like molecules are highly-stable, synthetic products with chemical … Continue reading “Ra Pharmaceuticals Receives $58,500,000 Series B Round”
Database Startup NuoDB Gets New CEO, Looks to Grow Faster
There has been a leadership change at a prominent database software company in town. NuoDB, based in Cambridge, MA, says founding CEO Barry Morris has become executive chairman, and Bob Walmsley has been promoted to chief executive. Walmsley was previously NuoDB’s executive vice president of sales and services. Before joining NuoDB in April 2014, he … Continue reading “Database Startup NuoDB Gets New CEO, Looks to Grow Faster”
Netezza Vets Hope Big Data Startup Cazena Leads to Repeat Success
The crew that turned Netezza into a $1.7 billion big data success story is back with Cazena, a Waltham, MA-based startup its founders say can bring big data to the cloud. Cazena announced Wednesday that it has raised a $20 million Series B round led by Formation 8, with prior investors Andreessen Horowitz and North … Continue reading “Netezza Vets Hope Big Data Startup Cazena Leads to Repeat Success”
With New Alzheimer’s Data, Biogen Refines Plans For Big Trial
Despite the billions of dollars poured into Alzheimer’s disease research, the disorder remains a biological riddle with no cure. That’s why even hints of progress—encouraging signs in early studies, for example—garner so much attention. And that’s why an update from an experimental drug from Biogen is front and center this morning. Today, at the annual … Continue reading “With New Alzheimer’s Data, Biogen Refines Plans For Big Trial”
In Biotech, Everyone’s Going Public. What’s Your Excuse?
Biotechs everywhere are going public these days. You might have heard. Approaching the traditional market lull in August, we’re up to nearly 40 life science IPOs in 2015, by my own count, with plenty more lined up. That’s more than half way to last year’s mark and already past the 2013 total. I weighed in … Continue reading “In Biotech, Everyone’s Going Public. What’s Your Excuse?”
Cazena Garners $20,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=798d71d5-6053-4a87-8aa4-27db0bf469f4 Date 7/22/2015 Company Name Cazena Mailing Address 26 Canterbury Hill Rd. Acton, MA 01720 USA Company Description Cazena was founded with a mission to radically simplify and speed up access to big data, allowing much faster business outcomes at a fraction of the cost. Cazena is backed by Andreessen Horowitz and … Continue reading “Cazena Garners $20,000,000 Series B Financing”
Gameface Media Obtains $4,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=93dbfc40-8e2f-45d5-a000-7d0562af755a Date 7/22/2015 Company Name Gameface Media Mailing Address 125 Kingston St. Boston, MA 02111 USA Company Description Gameface Media is the largest provider of free sporting event photos in the world. Gameface enables brands to make a deep connection with event participants by providing free photos of them participating in obstacle … Continue reading “Gameface Media Obtains $4,000,000 New Funding Round”
New $217M Venture Fund for Enterprise Tech Startups in Boston
No one knows how much longer it’ll last, but it’s definitely a good time to raise a venture fund. Boston-based .406 Ventures said today it has raised a $217 million third fund to invest in enterprise tech companies. The 10-year-old venture firm has about $600 million under management, making it one of the more prominent … Continue reading “New $217M Venture Fund for Enterprise Tech Startups in Boston”
Sentri Secures $730,413 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f1a0f41b-91a0-4895-a935-2e31c55f5570 Date 7/21/2015 Company Name Sentri Mailing Address 200 Friberg Parkway Westborough, MA 01581 USA Company Description Sentri’s HD camera and built-in sensors track your home’s vital stats and trends, allowing you to track temperature, humidity, air quality, weather and more from one central dashboard or with our customized mobile app Website … Continue reading “Sentri Secures $730,413 New Financing Round”
Avaxia Biologics Receives $1,005,777 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0af77390-cd12-4df3-b374-64aac005114b Date 7/21/2015 Company Name Avaxia Biologics Mailing Address 128 Spring Street Lexington, MA 02421 USA Company Description Avaxia is developing oral antibody products for diseases and disease targets that can be reached through the mouth and the gastrointestinal tract. Website http://www.avaxiabiologics.com Transaction Type Debt Transaction Amount $1,005,777 Transaction Round Undisclosed Proceeds … Continue reading “Avaxia Biologics Receives $1,005,777 New Financing”
Rock the House—from Silicon Valley to China
It’s that time of the quarter, when venture capital fundraising data are released by the National Venture Capital Association (NVCA), possibly leaving all the sophisticated investors across the industry wringing their collective hands about frothiness. The latest data shows that VCs in 2Q15 raised over $10.4 billion (slightly revised upward from the amount first announced … Continue reading “Rock the House—from Silicon Valley to China”
Jibo Secures $9,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1b3afb0b-0905-4b50-a6bd-7f41e0a2482f Date 7/20/2015 Company Name Jibo Mailing Address 745 Atlantic Avenue Boston, MA 02111 USA Company Description Jibo is an interactive social and emotive robot that provides information, entertainment, education, and communications capabilities. Website http://www.myjibo.com Transaction Type Venture Equity Transaction Amount $9,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “Jibo Secures $9,000,000 New Financing Round”
Weft Lands $1,995,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=36dcce64-eb44-4ee7-befb-e0bcff9d66b8 Date 7/20/2015 Company Name Weft Mailing Address 32 Pearl Street Cambridge, MA 02139 USA Company Description We connect data to contextual insight and low-cost hardware. Weft increases operational productivity for all members of the global supply chain. Website http://www.weft.io Transaction Type Debt Transaction Amount $1,995,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “Weft Lands $1,995,000 New Funding Round”