Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=213a1989-376c-4a19-b4ab-a79a1c37a1da Date 7/22/2013 Company Name Alcresta Mailing Address One Newton Executive Park Newton, MA 02462 Company Description Alcresta is developing and commercializing innovative enzyme-based nutritional products that improve patient health and manage disease for infants, older adults and patients battling acute or chronic conditions. Website http://www.alcresta.com Transaction Type Venture Equity Transaction Amount … Continue reading “Alcresta Secures $10,000,000 Series B Financing”
Category: Boston
LiquidPiston Lands $6,500,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ca29572b-e3e3-4460-87e6-fcf5dc9e93ed Date 7/22/2013 Company Name LiquidPiston Mailing Address 1292a Blue Hills Avenue Bloomfield, CT 06002 Company Description LiquidPiston, Inc. has conceptualized a new patent pending internal combustion engine architecture, which promises to drastically improve fuel efficiency and power density compared to existing engines. Website http://www.liquidpiston.com Transaction Type Venture Equity Transaction Amount $6,500,000 … Continue reading “LiquidPiston Lands $6,500,000 Series C Funding Round”
OpenIncubate to Boost Open-Source Startups in Austin, Boston, and SF
[Updated at 2:06 p.m.] Austin, TX, will be one home to a new incubator designed to promote innovation in open-source technology. OpenIncubate is a joint project by Austin Ventures, Battery Ventures in Boston, and The Valley Fund, located in Menlo Park, CA. The firms hope to boost open-source startups in each region with mentoring and … Continue reading “OpenIncubate to Boost Open-Source Startups in Austin, Boston, and SF”
Top 5 Boston-Area Venture Deals in Q2 (With Some You May Have Missed)
Venture capitalists were a little slower in the Boston area during the second quarter of this year, investing less money across fewer deals than they had in each of the previous two years. But there were still some sizable checks being written, across healthcare, IT and software, and even—hold onto your hats—cleantech. Here’s a rundown … Continue reading “Top 5 Boston-Area Venture Deals in Q2 (With Some You May Have Missed)”
East Coast Life Sciences Roundup: Alkermes, Ensemble, Sinai, & More
A wave of sweltering heat may have enveloped the I-95 corridor this week, but life sciences companies kept churning out news on the East Coast anyway. Money raises, partnerships, and much more hit the wires the week. We’ve got it all below: —Cambridge, MA-based Alkermes (NASDAQ: [[ticker:ALKS]]) unveiled three new drug programs at its R&D … Continue reading “East Coast Life Sciences Roundup: Alkermes, Ensemble, Sinai, & More”
Don’t Call Me “Girl,” Sir: Women, Tech, and a Chat with Olivia Munn
It is long past time to stop regarding the presence of women in technology as an anomaly—yet achieving widespread acknowledgment of their work remains a challenge. Multiple organizations in New York—including Girls Who Code, Cornell NYC Tech, and L’Oréal—and across the country are taking on this task while also encouraging new generations of women to … Continue reading “Don’t Call Me “Girl,” Sir: Women, Tech, and a Chat with Olivia Munn”
VC Funding Levels Out as Early Stage Turns Up & Top 10 Deals
Consistent and modest are the words that seem to best describe U.S. venture capital activity during the second quarter, as VC investments remained more or less level with the first three months of 2013, according to recent data from several venture-tracking surveys. But the pace of venture investing is down in comparison to the second … Continue reading “VC Funding Levels Out as Early Stage Turns Up & Top 10 Deals”
EnerTrac Garners Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ee95e62c-c3ae-4ad1-9dcb-0a2ea733e9dc Date 7/19/2013 Company Name EnerTrac Mailing Address 46 River Road Hudson, NH 03051 Company Description Boston area-based, EnerTrac provides low cost, low bandwidth, remote monitoring for a variety of industries. Our mission is to accelerate the connection of Machine-to-Machine communication, just as cellphone technology has revolutionized the connections among people. Our … Continue reading “EnerTrac Garners Series A Round”
Nifti Lands $800,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6f4cd44f-0e12-46f5-a2bf-7467a1d70e69 Date 7/19/2013 Company Name Nifti Mailing Address 295 Hanover Street Boston, MA 02113 Company Description Nifti’s mission is to deliver the most informed online shopping experience possible. We aim to be the most convenient way for savvy shoppers to store, organize, and track the prices of products they intend to buy. … Continue reading “Nifti Lands $800,000 Seed Financing”
Objective Logistics Garners $5,300,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=19f2685f-bcd8-4f52-8ece-fc5ce1d3e4b5 Date 7/19/2013 Company Name Objective Logistics Mailing Address 109 Kingston St. 3rd Floor Boston, MA 02111 Company Description Objective Logistics is gamifying the workplace. We are a retail/restaurant-focused software company that provides an artificially-intelligent, web-accessible labor management platform (MUSE) scientifically proven to increase sales and save managers countless hours of precious … Continue reading “Objective Logistics Garners $5,300,000 Series A Funding Round”
FoundationDB Acquires Akiban Technologies for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=19434375-9573-456d-9340-374e66c79d27 Date 7/19/2013 Company Name Akiban Technologies Mailing Address 560 Harrison Avenue Boston, MA 02118 Company Description Akiban, Inc., a Boston-based startup, is developing a database virtualization solution that enables effortless scalability of a database across nodes, both within the enterprise and in the cloud. Based on our patent-pending architecture, we have … Continue reading “FoundationDB Acquires Akiban Technologies for Undisclosed Sum”
Ensemble Adds to Cast of Partners With Alexion Deal
Ensemble Therapeutics can add Alexion Pharmaceuticals to the list of believers in its drug discovery engine. Cheshire, CT-based Alexion (NASDAQ: [[ticker:ALXN]]), the company that has made a fortune off of the super-expensive rare disease drug eculizumab (Soliris), has become the latest company to tap into Cambridge, MA-based Ensemble’s library of synthetic macrocycles—molecules intended to combine … Continue reading “Ensemble Adds to Cast of Partners With Alexion Deal”
Objective Logistics Beats Funding Crunch, Gains $5.3M, Loses Beard
Here’s a snapshot of one of the few Boston tech startups able to fight its way through the Series A funding crunch. Note the “financing beard” (like a hockey playoff beard) on the CEO in the photo. Objective Logistics, which makes software to help restaurants and retailers track employee performance, has hauled in $5.3 million … Continue reading “Objective Logistics Beats Funding Crunch, Gains $5.3M, Loses Beard”
Google Ventures-Backed Nifti: Another Entrant in the Price-Tracking Wars
Google essentially owns the Web, but Amazon owns online shopping. And if a startup company can put itself between those two forces, there’s a good bet it’ll attract some interest from a big name in the tech industry—even if others have been trying something similar for a while now. That’s part of the story for … Continue reading “Google Ventures-Backed Nifti: Another Entrant in the Price-Tracking Wars”
CloudBees Obtains $2,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=87827a73-994e-43d9-8fd8-1fd06229c856 Date 7/18/2013 Company Name CloudBees Mailing Address 400 TradeCenter Woburn, MA 01801 Company Description CloudBees aims to provide the leading Java Platform as a Service (PaaS) covering both development services and a production runtime for Java. Website http://www.cloudbees.com Transaction Type Debt, Venture Equity Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “CloudBees Obtains $2,000,000 New Round”
CloudBees Obtains $2,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=87827a73-994e-43d9-8fd8-1fd06229c856 Date 7/18/2013 Company Name CloudBees Mailing Address 400 TradeCenter Woburn, MA 01801 Company Description CloudBees aims to provide the leading Java Platform as a Service (PaaS) covering both development services and a production runtime for Java. Website http://www.cloudbees.com Transaction Type Debt, Venture Equity Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “CloudBees Obtains $2,000,000 New Funding Round”
Fotonauts Obtains $5,262,724 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0a902604-4294-4950-b8d0-83e823c01630 Date 7/18/2013 Company Name Fotonauts Mailing Address 185 Alewife Brook Parkway Cambridge, MA 02138 Company Description Fotopedia is breathing new life into photos by building a photo encyclopedia that lets photographers and photo enthusiasts collaborate and enrich images to be useful for the whole world wide web. Website http://www.fotopedia.com Transaction Type … Continue reading “Fotonauts Obtains $5,262,724 Series A Round”
Anaqua Lands New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=44763248-e0f5-43e6-b506-ab8c45aa79d2 Date 7/18/2013 Company Name Anaqua Mailing Address 745 Boylston Street Boston, MA 02116 Company Description Anaqua provides intellectual asset management software and maintenance services to patent and trademark holders worldwide. Anaqua’s software helps leading companies grow and protect company value with an advanced, flexible IAM solution used by more than 20,000 … Continue reading “Anaqua Lands New Financing Round”
Weathermob Obtains $650,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eb8e95e7-432c-4910-9db7-f0aaac1d60a7 Date 7/18/2013 Company Name Weathermob Mailing Address 40 Dana Street Cambridge, MA 02138 Company Description Weathermob lets you share, discover, and discuss the weather with people from around the world. It’s a free, entertaining, and easy way to share your weather–whether you’re basking in sunshine or running from the hail–on your … Continue reading “Weathermob Obtains $650,000 New Round”
Alkermes Adds Cancer, MS Drugs To Growing Portfolio
When you say the words multiple sclerosis treatment or cancer immunotherapy, Alkermes (NASDAQ: [[ticker:ALKS]]) isn’t the first company that comes to mind. But the Dublin and Waltham, MA-based biotech is trying to change that today as it rolls out a few key programs it has been keeping under wraps. At its R&D day today, Alkermes … Continue reading “Alkermes Adds Cancer, MS Drugs To Growing Portfolio”
Boston Roundup: Mark43, Privy, Akiban, Aquto, OLPC
Some seed funding, product debuts, and acquisition news to catch you up on a sweltering week around New England’s innovation scene: —There’s a name change and some new money for a Harvard-bred startup developing law enforcement software. Mark43, formerly called Nucleik, says it has raised $1.95 million in seed funding from several investors, including Spark … Continue reading “Boston Roundup: Mark43, Privy, Akiban, Aquto, OLPC”
Setem Technologies Lands $1,706,782 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9ed02a82-49c8-405e-818e-10183c1c07e2 Date 7/17/2013 Company Name Setem Technologies Mailing Address 12 Kent Way Byfield, MA 01922 Company Description Setem Technologies is a company developing software that separates voice from ambient noise. Website http://www.setemtech.com Transaction Type Venture Equity Transaction Amount $1,706,782 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. … Continue reading “Setem Technologies Lands $1,706,782 New Round”
Jana Obtains $15,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c8f222b3-2130-461c-8bd0-10d3e32cdbbe Date 7/17/2013 Company Name Jana Mailing Address 883 Boylston St. Boston, MA 02116 Company Description Jana helps global organizations learn, educate and grow in emerging economies by leveraging the power of the mobile phone. Through a network of over 2.1 billion mobile phone subscribers across almost 100 developing countries, txteagle leverages … Continue reading “Jana Obtains $15,000,000 New Funding”
CIC Says Expansion May Slow, Won’t Stop After Kimball Departure
The Cambridge Innovation Center‘s expansion plans have hit a speed bump. After several years as the leading hub of startup activity in the Boston area, the CIC has recently been working to expand its value-added real estate business to other cities. Those plans, however, were complicated with news today that the expansion project’s lead executive, … Continue reading “CIC Says Expansion May Slow, Won’t Stop After Kimball Departure”
Would More SEC Paperwork Really Scare Away Angel Investors?
[Updated 7/17 with correction, see below.] Letting startups advertise that they’re raising money is supposed to be a boon for early stage companies. But a big advocate for angel investors says new federal regulations could have the opposite effect. Those new rules, approved by the SEC last week, could effectively “kill angel investing” by making … Continue reading “Would More SEC Paperwork Really Scare Away Angel Investors?”
Intel’s Diane Bryant Blazing Trail From Data Centers to Next Era of IT
In a world of apps, big data, and cloud connectivity, it can be hard to remember that there’s more to tech innovation than just software. Then you meet someone like Diane Bryant, and your worldview shifts. Bryant is senior vice president and general manager of the datacenter and connected systems group at Intel. You know, … Continue reading “Intel’s Diane Bryant Blazing Trail From Data Centers to Next Era of IT”
U.S. Venture Activity Remains Steady as IPOs Rise in Second Quarter
Venture-backed IPOs staged something of a comeback during the second quarter, as 22 VC-backed startups went public with an aggregated valuation of about $9.6 billion. Healthcare companies made up about half of those IPOs, according to the venture-data tracking firm, CB Insights. Still, it was a relatively modest period for VC activity. CB Insights says … Continue reading “U.S. Venture Activity Remains Steady as IPOs Rise in Second Quarter”
Salient Stills Sold to Audio-Tech Firm DAC
Here’s some interesting consolidation in the market for law-enforcement and security software, involving an MIT spin-out. Boston-based Salient Stills, which helps authorities capture and clean up still images from video feeds, has been purchased by Digital Audio Corp. of Durham, NC. The two private companies didn’t disclose terms of the deal. As you might guess … Continue reading “Salient Stills Sold to Audio-Tech Firm DAC”
Trendspotting: Platform Ecosystems
For big enterprise services companies, the hot new trend is having a cloud-hosted platform for third-party applications. These platforms give app developers the resources they need to build, launch, promote, and integrate their apps with other businesses. This not only creates a bundle of exceptional business tools but it also creates a hotbed of savvy … Continue reading “Trendspotting: Platform Ecosystems”
Why I Won’t Cheer If Onyx Pharma Is Sold for Megabucks
Sometime in the coming weeks, South San Francisco-based Onyx Pharmaceuticals (NASDAQ: [[ticker:ONXX]]) will probably be acquired by some big drugmaker for more than $10 billion. Shareholders will count their profits. Analysts will applaud. Financial media will speculate about whether this deal will spark more acquisitions in the biotech industry. But I won’t be cheering. I’ll … Continue reading “Why I Won’t Cheer If Onyx Pharma Is Sold for Megabucks”
United Sample Lands $15,000,000 Series D Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=19bb60a8-a29c-49fe-b712-b89db62431ee Date 7/15/2013 Company Name United Sample Mailing Address 100 Technology Drive Trumbull, CT 06611 Company Description uSamp provides online market research panels and SaaS technology for global market research. Website http://www.unitedsample.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round Series D Proceeds Purposes This financing will be used to accelerate … Continue reading “United Sample Lands $15,000,000 Series D Round”
Cytogel Pharma Lands $750,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=006659fd-5729-43f5-9708-65d655d14fc0 Date 7/14/2013 Company Name Cytogel Pharma Mailing Address 3 Thorndal Circle Darien, CT 06820 Company Description Cytogel Pharma (Cytogel) is a bio-pharmaceutical development company focused on acquiring promising early-stage programs that offer significant potential both as platform technologies and high value product candidates. The company’s portfolio includes novel analgesic product candidates … Continue reading “Cytogel Pharma Lands $750,000 New Financing Round”
Amar Bose, Legendary MIT Acoustician, Dead at 83
I was sad to learn today that Amar Bose, the founder of Bose Corporation and an iconic figure at MIT, has passed away. He was 83. Bose founded the company that bears his name in 1964, when he was a young professor at MIT. His research interests included acoustics, sound perception, electronics, nonlinear systems, communications, … Continue reading “Amar Bose, Legendary MIT Acoustician, Dead at 83”
East Coast Life Sciences Roundup: Celgene, Dunsire, Forma, & More
[Updated, 9:30 am ET] What summer vacation? Biotech was booming on the East Coast this week. Big partnerships, clinical trial results, R&D days, and new executive hires were all announced. We’ve got those details and much more below: —Over the past few years, Summit, NJ-based Celgene (NASDAQ: [[ticker:CELG]]) has formed early-stage partnerships with innovative biotechs … Continue reading “East Coast Life Sciences Roundup: Celgene, Dunsire, Forma, & More”
10 New Productivity Tricks for Your Old iPhone
As you can probably tell from my calendar (pictured in the first photo above), I’m jetting off to Michigan today for a week’s vacation with my family. For me, vacation is a time to put aside my gadgets—or at least, turn off my e-mail—and focus on sun, sailing, and cervezas. But for everyone who has … Continue reading “10 New Productivity Tricks for Your Old iPhone”
Genterpret Lands $24,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=802e446d-5a31-4a49-95d9-1c5993724a02 Date 7/12/2013 Company Name Genterpret Mailing Address Undisclosed Cambridge, MA 02139 Company Description Developed out of the Harvard Innovation Lab, Genterpret provides a peer-reviewed database for helping genetic testing labs evaluate genetic variants and generate helpful reports for patients. Website http://www.genterpret.com Transaction Type Accelerator Transaction Amount $24,000 Transaction Round Seed Proceeds … Continue reading “Genterpret Lands $24,000 Seed Funding Round”
SEC Comes Calling For Aveo As FDA Panel Fallout Continues
The Aveo Oncology (NASDAQ: [[ticker:AVEO]]) saga took yet another turn today as the Securities and Exchange Commission has come knocking at the cancer drug maker’s door. According to regulatory filings, the SEC has subpoenaed the Cambridge, MA-based biotech—the latest domino to fall since the company’s disastrous results before an FDA panel on May 2. The … Continue reading “SEC Comes Calling For Aveo As FDA Panel Fallout Continues”
Microsoft’s Reboot: Rashid, DelBene, Mundie Reassigned or Retiring
[Updated 3:20 pm with detail] The world of Microsoft watchers knew it was coming: a major reorganization of the company around CEO Steve Ballmer’s vision of a more unified “devices and services” business. Today, we got the details from Ballmer himself, through his all-staff memo and a New York Times interview. It’s a dramatic makeover. … Continue reading “Microsoft’s Reboot: Rashid, DelBene, Mundie Reassigned or Retiring”
Alnylam Shares Boom on Early Data For Subcutaneous RNA Drug
Shortly before kicking off its R&D day, Alnylam Pharmaceuticals (NASDAQ: [[ticker:ALNY]]) got a boost from investors this morning that were thrilled that it just might be able to deliver RNA-based drugs with an injection right under the skin. Cambridge, MA-based Alnylam released results from an early-stage clinical trial of ALN-TTRsc, a subcutaneous form of the … Continue reading “Alnylam Shares Boom on Early Data For Subcutaneous RNA Drug”
Seven Questions for the CEO of the Consumer Electronics Association
You may never have heard of the Consumer Electronics Association, but you’ve definitely heard of its most famous annual event: the huge Consumer Electronics Show, or International CES. The four-day extravaganza draws more than 150,000 attendees to Las Vegas each January to see keynote talks by top industry CEOs and exhibits from 3,000 companies. Interestingly, … Continue reading “Seven Questions for the CEO of the Consumer Electronics Association”
Dunsire Returns to Action to Tackle CNS Disorders With EnVivo
Deborah Dunsire rose to prominence in the biotech industry by leading Millennium Pharmaceuticals through its ascension as an oncology powerhouse. Now, she’s taking a stab at a whole new field—central nervous system (CNS) disorders. EnVivo Pharmaceuticals, a Fidelity Biosciences-backed, Watertown, MA-based biotech startup targeting CNS diseases, is announcing today that Dunsire is grabbing the reins … Continue reading “Dunsire Returns to Action to Tackle CNS Disorders With EnVivo”
Is Crowdfunding The Future For Biomedical Research?
Microryza.com (not the catchiest of names) is a crowdfunding platform for research that raises money over the Internet from individuals who are willing to donate small amounts to fund a specific project. The average donation according to Microryza is $92. In return for a 5 percent cut of funds raised and a 3 percent credit … Continue reading “Is Crowdfunding The Future For Biomedical Research?”
Trusting Your Partners: A Chat With Celgene’s George Golumbeski
It’s no secret that biotech IPOs, for the first time in at least 10 years, are suddenly white hot. Companies with sparse evidence from clinical trials, or those with drugs that have failed such trials, are finding success raising cash from public investors. But take a look at some of the best performing biotech IPOs … Continue reading “Trusting Your Partners: A Chat With Celgene’s George Golumbeski”
Sun Catalytix Receives $4,000,001 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=91ff3124-427f-4a3b-b429-54902554049a Date 7/11/2013 Company Name Sun Catalytix Mailing Address 61 Moulton Street Cambridge, MA 02138 Company Description Sun Catalytix is an early-stage renewable energy startup founded on groundbreaking science from the research lab of Professor Daniel Nocera at MIT. With Nature as our inspiration, we seek to combine sunlight and water to … Continue reading “Sun Catalytix Receives $4,000,001 New Funding”
Xconomy Secures $192,296 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a7038de2-4f75-41a9-bbc9-79122b3cf1b3 Date 7/11/2013 Company Name Xconomy Mailing Address 215 First Street Cambridge, MA 02142 Company Description Xconomy is dedicated to providing business and technology leaders with timely, insightful, close-to-the-scene information about the local personalities, companies, and technological trends that best exemplify today’s high-tech economy. Website http://www.xconomy.com Transaction Type Venture Equity Transaction Amount … Continue reading “Xconomy Secures $192,296 New Round”
Lantos Technologies Receives $5,127,551 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a427d36c-aa56-4a46-b32f-c37461dc3a01 Date 7/11/2013 Company Name Lantos Technologies Mailing Address 201 Edgewater Drive Wakefield, MA 01880 Company Description Lantos Technologies is working to commercialize a 3D digital scanner capable of measuring ear canal shape and tissue compliance. This method will eliminate the uncertainties associated with manual fits, greatly improving the performance of custom … Continue reading “Lantos Technologies Receives $5,127,551 New Round”
Groupize Secures $2,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7fb47848-f31b-49c8-b272-f710ca1b6dab Date 7/11/2013 Company Name Groupize Mailing Address 33 Commercial St Gloucester, MA 01930 Company Description Groupize Solutions has developed technology for the hotel industry to take control of their online group destiny. The white label technology allows hotels to capture more groups and lessens the burden on hotels and their planners … Continue reading “Groupize Secures $2,000,000 Series A Financing Round”
Boston Roundup: Volition, Tivli, Lantos, Aereo, Swartz
A fresh investment fund, innovation in TV, more cash for hearing tech, and some courtroom maneuvers in this midweek collection of Boston-area headlines: —Volition Capital has raised $80 million for a second investment fund that could reach $150 million, according to this SEC filing. The Boston-based firm, as noted by the Boston Business Journal, is … Continue reading “Boston Roundup: Volition, Tivli, Lantos, Aereo, Swartz”
Yottaa, Going the Last Mile in Mobile, Lands $16M More in VC
Yottaa is a new variation on an old Boston theme. It’s a Web infrastructure startup working on a tough technical problem. It’s trying to outmaneuver competitors in a new era of cloud and mobile devices. It has eschewed the popular “lean startup” methodology by building a larger, globally distributed team designed to go big from … Continue reading “Yottaa, Going the Last Mile in Mobile, Lands $16M More in VC”
Android Co-Founder Rich Miner: Fragmentation “An Overblown Issue”
Sure, smartphone developers find it frustrating to keep up with the multiple versions of Google’s Android operating system scattered across hundreds of millions of smartphones around the world. But Android co-founder Rich Miner thinks the discussion of that fragmentation problem tends to get blown out of proportion. “I think this is a bit of an … Continue reading “Android Co-Founder Rich Miner: Fragmentation “An Overblown Issue””