Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=08046209-d9e7-4896-bcda-b03caed35109 Date 7/10/2013 Company Name Yottaa Mailing Address 160 Federal St Boston, MA 02110 Company Description Founded in April 2009, Yottaa Inc is a Boston and Beijing based cloud computing company. Driven by the pursuit for a better Internet, Yottaa aspires to empower a new generation of interactive experience by innovating at … Continue reading “Yottaa Garners $16,000,000 New Round”
Category: Boston
Tivli Obtains $6,300,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0c866f81-dd81-444e-9534-fed3a25cd04c Date 7/10/2013 Company Name Tivli Mailing Address 125 Western Ave. Boston, MA 02163 Company Description Tivli brings students the best in today’s television. Watch and record live shows, sports, and movies anywhere on campus! Website http://public.tivli.com Transaction Type Venture Equity Transaction Amount $6,300,000 Transaction Round Series A Proceeds Purposes The new … Continue reading “Tivli Obtains $6,300,000 Series A Funding”
Western Digital Acquires VeloBit for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=470d2a09-6ee1-416a-98ca-c12322c9a000 Date 7/10/2013 Company Name VeloBit Mailing Address 55 Old Bedford Road Lincoln, MA 01773 Company Description VeloBit provides plug & play SSD caching software that dramatically accelerates applications at a remarkably low cost. VeloBit uses Solid State Disk (SSD) to create a transparent application acceleration layer that boosts performance by 10x. … Continue reading “Western Digital Acquires VeloBit for Undisclosed Sum”
Tivli Receives $6,300,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0c866f81-dd81-444e-9534-fed3a25cd04c Date 7/10/2013 Company Name Tivli Mailing Address 125 Western Ave. Boston, MA 02163 Company Description Tivli brings students the best in today’s television. Watch and record live shows, sports, and movies anywhere on campus! Website http://public.tivli.com Transaction Type Venture Equity Transaction Amount $6,300,000 Transaction Round Series A Proceeds Purposes The new … Continue reading “Tivli Receives $6,300,000 Series A Funding Round”
Mobile Game Developer Backflip Studios Scores $112M from Hasbro
Backflip Studios is joining forces with Hasbro, following a deal in which Hasbro paid $112 million in cash for a 70 percent stake in the Boulder, CO-based mobile game developer. Hasbro (NASDAQ: [[ticker:HAS]]) and Backflip Studios announced the deal Monday. The deal is a huge one for Backflip, which has emerged as a leading mobile … Continue reading “Mobile Game Developer Backflip Studios Scores $112M from Hasbro”
After Virtualization: VMware’s Valiant Plan to Co-opt the Cloud
VMware has outgrown its name. The “VM” stands for virtual machines, and the “ware” stands for the software needed to create them. The original idea, based on research in the 1990s by co-founder Mendel Rosenblum, the husband of founding CEO Diane Greene, was to help companies get more performance out of their computers by setting … Continue reading “After Virtualization: VMware’s Valiant Plan to Co-opt the Cloud”
Don’t Give Away Your Board Seats
I had a group of ex-students out to the ranch who were puzzling over a dilemma—they’ve been working hard on their startup, were close at finding product/market fit and had been approached by Oren, a potential angel investor. Oren had been investing since he left Google four years ago and was insisting on not only … Continue reading “Don’t Give Away Your Board Seats”
Lingerie E-Commerce Site Adore Me, Developed at Harvard, Raises $8.5M
With $8.5 million from a Series B round, New York-based lingerie e-commerce site Adore Me said on Tuesday it has a plan to crack the hold Victoria’s Secret has on the intimate apparel market—at least online. Adore Me offers rotating collections of new designer bras and panties. In addition to purchases by general consumers, the … Continue reading “Lingerie E-Commerce Site Adore Me, Developed at Harvard, Raises $8.5M”
Forma, CRT Deal Part of Broader Research Initiative
Forma Therapeutics has built itself brick by brick with a drug discovery engine that has caught the eye—and the dollars—of industry titans like Celgene (NASDAQ: [[ticker:CELG]]), Boehringer Ingelheim, Genentech, and Johnson & Johnson (NYSE: [[ticker:JNJ]]). Now, it is putting that cash to work in a new collaboration with academic researchers. Watertown, MA-based Forma is announcing … Continue reading “Forma, CRT Deal Part of Broader Research Initiative”
Aveksa Acquired by EMC in Enterprise Security Deal
Aveksa is one of those enterprise technology companies you might have forgotten about over the years. But no longer. The Waltham, MA-based security software and identity management firm has been acquired by EMC (NYSE: [[ticker:EMC]]), the data storage giant based in Hopkinton, MA. Terms of the deal weren’t disclosed, but Aveksa will operate within EMC’s … Continue reading “Aveksa Acquired by EMC in Enterprise Security Deal”
Nine Observations on Leadership From North America’s Highest Peak
People are always striving to develop their leadership skills, or to find a leader worth following. But sometimes the trick is recognizing when you’re in the presence of strong leadership, and learning from it. Your normal BioBeat will return to this space next week, but lately I’ve been fixated on absorbing leadership lessons for business … Continue reading “Nine Observations on Leadership From North America’s Highest Peak”
BioScale Lands $18,838,559 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=57cea48d-6b8f-432f-9445-90cd2f38c888 Date 7/8/2013 Company Name BioScale Mailing Address 4 Maguire Road Lexington, MA 02421 Company Description At BioScale, we develop, manufacture and promote a sophisticated protein measurement technology to accelerate drug discovery, development and production of biological and pharmaceutical products. Website http://www.bioscale.com Transaction Type Venture Equity Transaction Amount $18,838,559 Transaction Round Undisclosed … Continue reading “BioScale Lands $18,838,559 New Round”
EMC Acquires Aveksa for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8e2781db-6798-493d-902d-bf9310a9f19d Date 7/8/2013 Company Name Aveksa Mailing Address 303 Wyman Street Waltham, MA 02451 Company Description Aveksa was founded in late 2004 by Deepak Taneja, former CTO and vice president of engineering at Netegrity. Since that time, he has focused on R&D and has built an executive team with more than 40 … Continue reading “EMC Acquires Aveksa for Undisclosed Sum”
East Coast Life Sciences Roundup: Verdine, Vedanta, Alnylam, & More
East Coasters may have been gearing up for their July 4 barbecues this week, but they still managed to pack a ton of life sciences news into three days before they fired up their grills. Details below: —Harvard University chemical biologist Gregory Verdine has taken a leave of absence from the university to become the … Continue reading “East Coast Life Sciences Roundup: Verdine, Vedanta, Alnylam, & More”
The Denali Expedition: A Photo Essay
I’ve been dreaming about Denali since I started climbing mountains a decade ago with two best friends. This is the year we made it happen. As many Xconomy readers know, I just returned from a successful three-week expedition to climb Alaska’s Denali, the highest peak in North America. Many saw me grow a beard to … Continue reading “The Denali Expedition: A Photo Essay”
FashionPlaytes Garners $1,059,349 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5b664ddd-b81d-4d84-bdc0-90ea3429aeb4&Preview=1 Date 7/5/2013 Company Name FashionPlaytes Mailing Address 500 Cummings Center Beverly, MA 01915 Company Description The company has created a website that allows girls to create their own fashions and purchase them. Website http://www.fashionplaytes.com Transaction Type Debt Transaction Amount $1,059,349 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC … Continue reading “FashionPlaytes Garners $1,059,349 New Round”
Privy Receives $1,714,775 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b25edc14-88df-48a4-a53f-96a7801a0924&Preview=1 Date 7/5/2013 Company Name Privy Mailing Address 1 Cambridge Center Cambridge, MA 02142 Company Description Our vision is to build a brand around transparency and trust. Local businesses invest precious time and money into advertising, building a website, gathering social media followers, and collecting email addresses. We believe you should always … Continue reading “Privy Receives $1,714,775 New Financing Round”
PayVeris Secures $5,200,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e3753564-ecb9-4c5b-bb8e-daab32f45ae4&Preview=1 Date 7/4/2013 Company Name PayVeris Mailing Address 100 Great Meadow Road Wethersfield, CT 06109 Company Description The company operates an online and mobile payment system. Website http://www.payveris.com Transaction Type Venture Equity Transaction Amount $5,200,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Ironwood Capital Venture … Continue reading “PayVeris Secures $5,200,000 New Financing Round”
Quad Technologies Garners Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d2d79ac0-d889-4545-b1a5-47f0c7cd3d2c&Preview=1 Date 7/4/2013 Company Name Quad Technologies Mailing Address 100 Cummings Center Beverly, MA 01915 Company Description QuickGel is an unique dissolvable hydrogel which contains covalently bound antibodies or proteins at the users choosing. Website http://www.quadtechnologies.net Transaction Type Accelerator Transaction Amount Undisclosed Transaction Round Seed Proceeds Purposes The company will use the … Continue reading “Quad Technologies Garners Seed Financing”
Apple, Amazon, Samsung Targeted in Boston University Patent Suits
Boston University has launched a series of patent lawsuits against Apple, Samsung, Amazon, and a long list of smaller electronics suppliers, a surprising show of legal aggression from the private university. The series of lawsuits, which date back to October, revolve around a pair of patents for semiconductor technology that can be used to make … Continue reading “Apple, Amazon, Samsung Targeted in Boston University Patent Suits”
GI Dynamics Lines Up $52M For Key U.S. Study
GI Dynamics may be based in Lexington, MA, but its device that combats Type 2 diabetes and obesity by slipping a lining into the small intestine isn’t sold here just yet. Today, GI Dynamics took one step closer to that goal by raising enough cash to support a big clinical trial in the U.S. GI … Continue reading “GI Dynamics Lines Up $52M For Key U.S. Study”
With J&J’s Help, Vedanta Marches Ahead With Microbiome Drug Cocktail
When Johnson & Johnson (NYSE: [[ticker:JNJ]]) announced it opened its Boston Innovation Center, it snuck in an unspecified investment in a PureTech Ventures-backed startup named Vedanta BioSciences. And while the exact nature of the relationship is unclear, one thing is for sure: the Cambridge, MA-based startup now has some big muscle behind it to help … Continue reading “With J&J’s Help, Vedanta Marches Ahead With Microbiome Drug Cocktail”
Baseball and Biopharma: More Alike Than You Might Realize
This may seem like a surprising observation, but it’s true. Biopharma companies and baseball teams employ similar strategies that they hope will result in either a blockbuster drug or winning the World Series. The challenges each faces are significant. Did you realize that the percentage of drugs that are put into clinical trials and successfully … Continue reading “Baseball and Biopharma: More Alike Than You Might Realize”
Boston Roundup: Sigma Prime, ATV, Venrock, iRobot
A trio of venture capital news bits, and an international patent lawsuit in this roundup of Boston-area news briefs: —Sigma Prime Ventures, the new early stage venture fund formed after the bicoastal split of Sigma Partners, has raised about $115 million of a fund that could grow to $125 million, according to an SEC filing. … Continue reading “Boston Roundup: Sigma Prime, ATV, Venrock, iRobot”
Innovatient Solutions Lands $350,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=30867e5b-d188-4804-a7e4-1f2399b7ad95&Preview=1 Date 7/3/2013 Company Name Innovatient Solutions Mailing Address 270 Farmington Ave. Farmington, CT 06032 Company Description Innovatient Solution’s nVision Information Therapy Solution provides the quality care management tools to dramatically improve the patient experience. Website http://www.innovatient.com Transaction Type Venture Equity Transaction Amount $350,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Innovatient Solutions Lands $350,000 New Financing”
Persimmon Technologies Obtains $5,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6accc456-2874-4e34-a8be-3fd7bac3f496&Preview=1 Date 7/3/2013 Company Name Persimmon Technologies Mailing Address 200 Harvard Mill Square Wakefield, MA 01880 Company Description Persimmon’s vision is to build the largest vacuum robotics company serving the Semiconductor, LED and Solar markets by 2020 in addition to growing Nidec Sankyo’s atmospheric robot business to the top market position by … Continue reading “Persimmon Technologies Obtains $5,000,000 New Financing Round”
When You Are Facing a Tsunami of Barriers, Surf Like a Woman
All entrepreneurs face roadblocks when they are starting up. It’s part of the job. For Surbhi Sarna, who founded of nVision Medical in 2012, things are more intense. NVision Medical is an early stage women’s health business focused building medical devices that help detect ovarian cancer and infertility. It recently raised over $4 million in … Continue reading “When You Are Facing a Tsunami of Barriers, Surf Like a Woman”
Harvard Professor Steps Down to Pilot Warp Drive Bio
Warp Drive Bio has been laying in the weeds ever since Sanofi, Third Rock Ventures, and Greylock partners helped form it with a $125 million financing in January 2012 and a plan to hit previously undruggable disease targets by tapping into nature. After staying out of the news for about 18 months, the Cambridge, MA-based … Continue reading “Harvard Professor Steps Down to Pilot Warp Drive Bio”
Wentworth Technology Garners $161,458 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ceb731bc-9b69-4c8f-a4d0-3078cc6ac9a8&Preview=1 Date 7/2/2013 Company Name Wentworth Technology Mailing Address 77 Industrial Park Road Saco, ME 04072 Company Description Our team of wireless communications professionals have over 60 years of combined experience providing full-featured wireless communications solutions to the most demanding industries. Our company is built on the principles of making quality products … Continue reading “Wentworth Technology Garners $161,458 New Funding”
Wall St. Loves Biotech, Leading Venture-Backed IPOs in Q2
[Updated 6:15 pm. NVCA now says historical IPO data in its report was misstated and will be revised later. This version removes earlier references to historical deal trends.] We knew that biotech companies were lighting up the stock market this year. Today, the National Venture Capital Association has fresh numbers illustrating Wall Street’s love affair … Continue reading “Wall St. Loves Biotech, Leading Venture-Backed IPOs in Q2”
Cloud as an Accelerant to Innovation in Healthcare
At the June 19 Xconomy event XSITE, at nearby Babson College, I took part in a panel discussion focused on emerging opportunities and trends in the healthcare tech space. One topic that came up again (and again) was the role of cloud computing in healthcare and how it’s creating a more open world for data … Continue reading “Cloud as an Accelerant to Innovation in Healthcare”
A Deal on a Handshake: A Short Tribute to Outgoing Babson President
Sunday marked Len Schlesinger’s official last day of service as Babson College president after five standout years in the role. Today, new Babson president Kerry Healey, former lieutenant governor of Massachusetts, takes over. As the guard changes at one of the world’s best schools for entrepreneurship, I wanted to give my own adieu to Schlesinger, … Continue reading “A Deal on a Handshake: A Short Tribute to Outgoing Babson President”
Xconomy Boston’s Top 20 Stories of Q2 2013: Editor’s Picks
Here we are at the midpoint of 2013. Time to look back over the previous quarter and highlight some of the top stories we’ve done at Xconomy Boston. As is my quarterly tradition, these are editor’s picks—my favorite stories from April through June 2013—and they exemplify what Xconomy tries to do, day in and day … Continue reading “Xconomy Boston’s Top 20 Stories of Q2 2013: Editor’s Picks”
Alnylam’s Amyloidosis Drug Holds up in Second Clinical Trial
Alnylam Pharmaceuticals’s (NASDAQ: [[ticker:ALNY]]) turnaround over the past few years started when a drug for a rare disease called transthyretin (TTR) amyloidosis showed promise in a small clinical trial: its stock traded at $12 per share a year ago, and sits at about $31 per share today. While the Cambridge, MA-based biotech still has a … Continue reading “Alnylam’s Amyloidosis Drug Holds up in Second Clinical Trial”
VoltServer Garners $2,416,842 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f181d4f2-af30-4c79-aab6-77e30c6ed834&Preview=1 Date 7/1/2013 Company Name VoltServer Mailing Address 9 General Stanton Drive Charlestown, RI 02813 Company Description VoltServer is developing innovative power distribution products base on the company’s patented Packet Energy Transfer (PET) technology. Website http://www.voltserver.com Transaction Type Venture Equity Transaction Amount $2,416,842 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not … Continue reading “VoltServer Garners $2,416,842 New Financing”
Apptomics Secures Seed Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c1a317cd-329f-45a4-8db0-0a5c50ef6d64&Preview=1 Date 6/30/2013 Company Name Apptomics Mailing Address 60 Thackeray Rd Wellesley Hills, MA 02481 Company Description Apptomics is a US-based (Wellesley, MA) health technology boutique firm specializing in the design and validation of quality medical mobile applications for selected conditions with high unmet need. Website http://www.apptomics.com Transaction Type Accelerator Transaction Amount … Continue reading “Apptomics Secures Seed Financing Round”
Akita Innovations Secures Seed Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f4354a57-d7ef-430a-a417-0a9d7e1ed728&Preview=1 Date 6/30/2013 Company Name Akita Innovations Mailing Address 267 Boston Rd Billerica, MA 01862 Company Description Akita Innovations LLC develops novel materials and chemicals for sensing, photonics, and selectively permeable protective barriers for commercial and government customers. Website http://www.akitainnovations.com Transaction Type Accelerator Transaction Amount Undisclosed Transaction Round Seed Proceeds Purposes The … Continue reading “Akita Innovations Secures Seed Financing Round”
ZS Genetics Garners Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0beca66c-cdbd-4bcf-84ab-2249954ac197&Preview=1 Date 6/30/2013 Company Name ZS Genetics Mailing Address 9 Audubon Road Wakefield, MA 01880 Company Description ZS Genetics is developing a third-generation DNA sequencing technology to address market needs in key areas of genomics research: what can be studied, the pace at which data can be understood and the cost of … Continue reading “ZS Genetics Garners Seed Financing”
RAN Biotechnologies Lands Seed Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f46d39b3-c20b-4b53-8ddf-a6be0103728c&Preview=1 Date 6/30/2013 Company Name RAN Biotechnologies Mailing Address 100 Cummings Center Beverly, MA 01915 Company Description RAN Biotechnologies specializes in the design and synthesis of fluorinated materials, such as fluorosurfactants, and chemical modification of surfaces. Website http://www.ranbiotechnologies.com Transaction Type Accelerator Transaction Amount Undisclosed Transaction Round Seed Proceeds Purposes The company will … Continue reading “RAN Biotechnologies Lands Seed Round”
PasswordBox: Strong Passwords That You Don’t Have to Remember
Leave it to tech entrepreneurs to turn bad news into good news. For most of us, our passwords are the keys to our entire digital lives. The bad news is that we’re losing the race to keep these passwords safe from hacker attacks. Making up a secure yet memorable password used to be a matter … Continue reading “PasswordBox: Strong Passwords That You Don’t Have to Remember”
Civic Hackers Must Work With Governments, Not Just Disrupt Them
I recently helped organize the National Civic Day of Hacking activities in Detroit and I was very impressed with my city’s outpouring of problems, and the hackers that came out to show support. Right now is a great time to be a technologist because our tools have advanced by leaps and bounds over the years. … Continue reading “Civic Hackers Must Work With Governments, Not Just Disrupt Them”
East Coast Life Sciences Roundup: J&J, Celgene, Zafgen, & More
[Updated, 1:39 pm ET] Boston, New York, and New Jersey biotechs were bustling with activity this week, and for a change it had nothing to do with IPOs. We’ve got all the partnerships, clinical trial results, and more below: — [Updated with new item] Natick, MA-based Boston Scientific (NYSE: [[ticker:BSX]]) agreed on Friday to pay … Continue reading “East Coast Life Sciences Roundup: J&J, Celgene, Zafgen, & More”
ANDalyze Lands $375,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=891f5308-636a-44cd-9cbc-1f2cca4fad98&Preview=1 Date 6/28/2013 Company Name ANDalyze Mailing Address 800 Boylston Street 16th Floor Boston, MA 02199 Company Description ANDalyze offers products for testing water contamination using catalytic DNA technologies. The company has developed a methodology for detecting and quantifying chemical levels based on the recent discovery of the catalytic properties of DNA. … Continue reading “ANDalyze Lands $375,000 New Funding Round”
LiquidPiston Obtains $2,250,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b8f425ff-6844-4cf8-8a69-239682dd9055&Preview=1 Date 6/28/2013 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. Our engine may run as efficient as fuel cells … Continue reading “LiquidPiston Obtains $2,250,000 New Financing”
Rodin Therapeutics Lands Seed Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7e8c5f99-3ff2-4cf7-b64e-4ff0dc72573b&Preview=1 Date 6/28/2013 Company Name Rodin Therapeutics Mailing Address Undisclosed Cambridge, MA 02138 Company Description Rodin Therapeutics is a biotechnology company applying insights of epigenetics to novel therapeutics for neurological disorders. Website Undisclosed Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Seed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms … Continue reading “Rodin Therapeutics Lands Seed Round”
Adobe Systems Acquires Neolane for $600,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=915ff563-715b-4c71-96e8-6361456b98bb&Preview=1 Date 6/28/2013 Company Name Neolane Mailing Address 275 Washington Street 3rd Floor Newton, MA 02458 Company Description Neolane provides the only conversational marketing technology that empowers organizations to build and sustain one-to-one lifetime dialogues, dramatically increasing revenue and marketing efficiency. Website http://www.neolane.com Transaction Type M&A Transaction Amount $600,000,000 Transaction Round Proceeds … Continue reading “Adobe Systems Acquires Neolane for $600,000,000”
Adobe Spends $600M for Neolane in Marketing Software Buy
Marketing software is officially the place to be for IPOs and big acquisition deals. Today, Adobe announced that it was paying $600 million in cash for Neolane, a Paris-based marketing software company with strong Boston-area ties. Neolane’s U.S. headquarters are in Newton, MA, and its lead venture investor is Boston’s Battery Ventures, which led the … Continue reading “Adobe Spends $600M for Neolane in Marketing Software Buy”
GrabCAD and Autodesk Team Up on Product Design in the Cloud
The world of computer-aided design, known as CAD, can seem esoteric. Until you realize almost every gadget or device you use, from your car to your phone, starts out as a draft in someone’s computer. Increasingly those designs are moving to the Internet, where they can be shared and worked on more efficiently by teams … Continue reading “GrabCAD and Autodesk Team Up on Product Design in the Cloud”
6 Reasons Why the MIT Blackjack Team Became Entrepreneurs
Wow. Imagine being invited to moderate a free-form discussion with the people who lived out the book “Bringing Down the House” and the movie “21.” It doesn’t get any better than this. At Xconomy’s XSITE conference last week, I had the honor of moderating a reunion panel of the MIT Blackjack Team with two of … Continue reading “6 Reasons Why the MIT Blackjack Team Became Entrepreneurs”
J&J Cuts Ribbon on Boston Innovation Center, Touts Startup Deals
Johnson & Johnson has officially set up shop in Kendall Square. Today is the day that Johnson & Johnson (NYSE: [[ticker:JNJ]]) cuts the ribbon on its Boston Innovation Center, the latest step in a broad initiative by the New Brunswick, NJ-based drug giant to help drive biotech innovation in certain life sciences hotspots around the … Continue reading “J&J Cuts Ribbon on Boston Innovation Center, Touts Startup Deals”