Serial entrepreneur Ric Calvillo had planned to stay away from enterprise customers with his newest venture. He’s now CEO of Nanigans, a Boston-based startup that offers a Facebook advertising platform for enterprise customers with a couple thousand dollars to spend a day on online ads. Oops. “We’re scaling right now with large accounts,” he says. … Continue reading “Nanigans Aims to Offer Up-to-Minute Insight for Facebook Ad Campaigns”
Category: Boston
ChoiceStream Lands $8,678,886 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d5121204-15f1-430a-a933-ca9d5e61e95b&Preview=1 Date 11/29/2011 Company Name ChoiceStream Mailing Address One Charles Park Sixth Floor Cambridge, MA 02142 Company Description ChoiceStream develops personalization solutions for online consumer services, search services, e-retailers and iTV providers. Relied on by the world’s largest online services providers, including AOL, ChoiceStream’s patent-pending technology helps companies increase customer retention and … Continue reading “ChoiceStream Lands $8,678,886 New Funding Round”
MedicalRecords.com Garners $500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d4dbf4d3-826a-48c0-9f57-f00f62a6cab2&Preview=1 Date 11/29/2011 Company Name MedicalRecords.com Mailing Address 84 Hamilton Street Cambridge, MA 02139 Company Description Medicalrecords.com is a private company based in Cambridge, Massachusetts helping to organize the Electronic Medical Records (EMR) market. The company was founded in early 2010 after the passing of The Health Information Technology for Economic and … Continue reading “MedicalRecords.com Garners $500,000 New Round”
IlluminOss Medical Lands $4,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=059958b7-f819-418a-a682-f362d981ce53&Preview=1 Date 11/29/2011 Company Name IlluminOss Medical Mailing Address 993 Waterman Avenue East Providence, RI 02914 Company Description The company is a medical device startup developing technologies for orthopedic surgery applications. Website http://www.illuminossmedical.com Transaction Type Debt Transaction Amount $4,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. … Continue reading “IlluminOss Medical Lands $4,000,000 New Financing Round”
VMTurbo Lands $10,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b85aa11c-8143-4706-9c6a-12f19c902de1&Preview=1 Date 11/29/2011 Company Name VMTurbo Mailing Address 275 Wyman Street Waltham, MA 02451 Company Description VMTurbo is the only solution that enables the IT agility required to address the continuously fluctuating demands of today’s data centers. Website http://www.vmturbo.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round Series B Proceeds Purposes … Continue reading “VMTurbo Lands $10,000,000 Series B Funding”
The Xconomy Report on WGBH: $10M for RunKeeper, Wolfram at Thursday’s 6×6 Event, & More
Xconomy continues its partnership with WGBH to bring you the latest and greatest in news from Boston’s innovation community. Have a listen to find out about software that may help you work off that Thanksgiving feast, investments in companies that make high-power lasers and plant-harvesting robots, and the Xconomy quote of the week. Plus, get … Continue reading “The Xconomy Report on WGBH: $10M for RunKeeper, Wolfram at Thursday’s 6×6 Event, & More”
Breakfast Seminar: Sustainability: Don’t Market to Key Audiences- Motivate Them!
Speakers from Philips Electronics, Practically Green, Partners Healthcare, and Raytheon will make up the panel at this event. They’ll talk about how companies can use sustainability to improve their standing with customers and employees. Register here.
Rib-X Pharma Files for IPO
New Haven, CT-based Rib-X Pharmaceuticals announced today that it has filed a registration statement with the SEC for an initial public offering. The company, which is developing antibiotics, has yet to determine the number of shares it will offer or the price range. Deutsche Bank Securities will manage the offering, with assistance from William Blair … Continue reading “Rib-X Pharma Files for IPO”
MedicalRecords.com Looks to Cash In on Health Software “Gold Rush”
What exactly is MedicalRecords.com? A health database? A doctors’ community? An encyclopedia site? Not exactly. It’s a lead generation startup for the electronic medical records sector. Sound boring or cryptic? Here’s why it’s not. The U.S. government set aside about $27 billion through 2009’s American Recovery and Reinvestment Act to incentivize doctors to move patient … Continue reading “MedicalRecords.com Looks to Cash In on Health Software “Gold Rush””
Cracking the Entrepreneur Code
[Editor’s Note: This article is a lightly edited transcript of a talk delivered by Ryan Howard, founder and CEO of Practice Fusion, at Morgenthaler Ventures’ DC to VC Healthcare IT Showcase on September 22, 2011.] At Practice Fusion, it took us three years to get to our first million dollars in revenue. Electronic health records … Continue reading “Cracking the Entrepreneur Code”
Versant Ventures’ Partner Cuts Back on Biotech Work to Spend Time With Family. For Real
You learn early in journalism that when a business leader says he or she is resigning to “spend more time with family,” it’s usually baloney. Maybe they clashed with colleagues, got a better job somewhere else, or are bailing out from a sinking ship. The shades of gray are rarely discussed publicly. Yet Versant Ventures’ … Continue reading “Versant Ventures’ Partner Cuts Back on Biotech Work to Spend Time With Family. For Real”
Radius Health Lands $27,650,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6030860e-ad1b-4da4-b26f-44cad1ea04b1&Preview=1 Date 11/25/2011 Company Name Radius Health Mailing Address 201 Broadway 6th floor Cambridge, MA 02139 Company Description Radius is a leading company in the discovery and development of a new generation of drug therapies for osteoporosis and women’s health. Website http://www.radiuspharm.com Transaction Type Debt, Venture Equity Transaction Amount $27,650,000 Transaction Round … Continue reading “Radius Health Lands $27,650,000 New Round”
What Happens When a Herd of VCs Runs Away From Biotech? Highlights From Yesterday’s Tweetchat
[Corrected: 8:41 am ET] Turns out you can say a whole lot about the biotech venture capital crisis in 140 characters or less. Yesterday, Xconomy hosted a lively back-and-forth on the state of life sciences investing and innovation with guest Daphne Zohar (@daphnezohar), the founder and managing partner of Boston-based PureTech Ventures. I tried to … Continue reading “What Happens When a Herd of VCs Runs Away From Biotech? Highlights From Yesterday’s Tweetchat”
PBS NewsHour Features Xconomy in Report on Startup Accelerators
In a segment featured Tuesday night on the PBS NewsHour, correspondent Hari Sreenivasan brings an outsider’s curiosity to the strange, wonderful world of startup accelerators. The eight-minute report features Sreenivasan’s interviews with entrepreneurs and mentors at TechStars, AngelPad, and Y Combinator—archetypes of the venture incubator wave (or is it a bubble?) that we’ve been chronicling … Continue reading “PBS NewsHour Features Xconomy in Report on Startup Accelerators”
News Flash: Grass is Green, Sky is Blue, VCs are White Men
“Yeah, I love being famous. It’s almost like being white, y’know?”-Chris Rock On Monday, November 21, the National Venture Capital Association and Dow Jones VentureSource released the results of the 2011 Venture Census, which reported statistics about ethnicity, gender and other characteristics of the venture capital industry garnered from a poll that included 600 VC … Continue reading “News Flash: Grass is Green, Sky is Blue, VCs are White Men”
Allena Kicks Off With $15M, Security Firms Ink Funding, TeraDiode Takes In $10M, & More Boston-Area Deals News
New England startups working on drugs, security software, robots, laser weapons (seriously), and mobile fitness applications have reported a bundle of deals this week heading into Thanksgiving. —Newton, MA-based Allena Pharmaceuticals, a new startup targeting protein therapeutics, premiered with a $15 million Series A financing. The funding came from Third Rock Ventures, Frazier Healthcare, and … Continue reading “Allena Kicks Off With $15M, Security Firms Ink Funding, TeraDiode Takes In $10M, & More Boston-Area Deals News”
Asahi Kasei Pharma Acquires Artisan Pharma for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8d01d403-44cd-49b1-9ea5-44ac5d4a9384&Preview=1 Date 11/23/2011 Company Name Artisan Pharma Mailing Address 230 Third Avenue Waltham, MA 02451 Company Description Artisan Pharma is a biopharmaceutical company dedicated to bringing best-in-class critical care and hospital-based therapeutics to patients. Website http://www.artisanpharma.net Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the … Continue reading “Asahi Kasei Pharma Acquires Artisan Pharma for Undisclosed Sum”
Formlabs Lands $500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1908f963-3ac6-466e-9647-33c3c224e9b6&Preview=1 Date 11/23/2011 Company Name Formlabs Mailing Address 14 Lopez Street Cambridge, MA 02139 Company Description The company, which has no website of its own yet, is working on making a low-cost 3D printer that is intended to be affordable enough that “everyday people” could use it to make three dimensional forms, … Continue reading “Formlabs Lands $500,000 New Financing Round”
7 Questions LPs Should Ask VCs (But Don’t)
It’s that time of year: annual investor meetings for limited partners (LPs). LPs are the people who fund venture firms and the general partners (GPs) are the people who lead them. At these meetings, LPs pour over general partners’ (GPs’) reports, calculate TVPI (total value: paid in)/ IRR (internal rate of return), digest confidential past … Continue reading “7 Questions LPs Should Ask VCs (But Don’t)”
Xconomist of the Week: Larry Smarr’s Quest for ‘Quantified Health’
A couple of months ago, the publisher and CEO of the weekly Strategic News Service Newsletter introduced an article by San Diego Xconomist Larry Smarr, saying, “This issue may be the most important Special Letter we have ever published.” Smarr’s 23-page article, which takes up the newsletter’s entire Sept. 26 issue, is part scientific paper … Continue reading “Xconomist of the Week: Larry Smarr’s Quest for ‘Quantified Health’”
Join Us at Noon ET/9 am PT for a Tweetchat on the Biotech VC Crisis With Daphne Zohar
Just a quick reminder here to join us for the Tweetchat today with Daphne Zohar of PureTech Ventures. This chat, on the crisis in biotech venture capital, will be on Twitter today at Noon Eastern/9 am Pacific. I will be asking questions from @ldtimmerman and @xconomy while Zohar will be answering from her account (@daphnezohar).You … Continue reading “Join Us at Noon ET/9 am PT for a Tweetchat on the Biotech VC Crisis With Daphne Zohar”
Eli Lilly CEO John Lechleiter on Tackling the Pharmaceutical R&D Crisis (Part 2)
Yesterday, we ran the first installment of an interview with Eli Lilly CEO John Lechleiter, in which he says the pharmaceutical industry is breaking out of its current rut, and is beginning to get more productive at pumping out more innovative new drugs. Today, we follow up with the second half of the interview, which … Continue reading “Eli Lilly CEO John Lechleiter on Tackling the Pharmaceutical R&D Crisis (Part 2)”
Marginize Lands $1,318,540 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7271b7a5-2315-429d-9d91-b3a598c4a526&Preview=1 Date 11/22/2011 Company Name Marginize Mailing Address 100 Benefitfocus Way Boston, MA 02115 Company Description Marginize enables real conversations in the margin of any website! Website http://www.marginize.com Transaction Type Venture Equity Transaction Amount $1,318,540 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. Total amount sold includes amounts paid in … Continue reading “Marginize Lands $1,318,540 New Funding Round”
Six Cities, Six Big Tech Ideas on Dec. 1: Here’s the Agenda
This is life’s big question: what should you spend your time on? If you’re starting a company, you probably want to do something fun that lets you be your own boss and maybe, just maybe, gives you a good shot to strike it rich. If you’re an investor, you want to make money and be … Continue reading “Six Cities, Six Big Tech Ideas on Dec. 1: Here’s the Agenda”
FitnessKeeper Inks $10M Investment to Develop “Consumer Health Platform”
FitnessKeeper, the Boston-based startup known for its RunKeeper mobile app, is announcing today that it has pulled in a $10 million funding round, led by new investor Spark Capital, with participation from existing investor O’Reilly AlphaTech Ventures (OATV) and new investor Revolution Ventures. The money will go towards helping the company, whose RunKeeper app tracks users’ … Continue reading “FitnessKeeper Inks $10M Investment to Develop “Consumer Health Platform””
Harvest Automation, TeraDiode Lead List of Tech Financing Deals
A list of the most recent tech financings around Boston paints a pretty representative picture of what kinds of companies are getting built here (robotics, hardware, defense tech, custom goods via the Web). Consider: —Billerica, MA-based Harvest Automation, a maker of agricultural robots, has raised $7.8 million in new funding led by Entree Capital. We … Continue reading “Harvest Automation, TeraDiode Lead List of Tech Financing Deals”
Brad Feld’s Startup Advice: Your Company Is Your Product; Get People to Do the Right Thing
“You will have meltdowns on a regular basis. You will have those moments. Make sure you have people you can talk to when you have those moments.” That was Brad Feld, the tech entrepreneur-turned-venture-capitalist, on Friday afternoon, speaking to a room of Boston and New York entrepreneurs and angel investors, at an event organized by … Continue reading “Brad Feld’s Startup Advice: Your Company Is Your Product; Get People to Do the Right Thing”
Eli Lilly CEO John Lechleiter on Tackling the Pharmaceutical R&D Crisis (Part 1)
John Lechleiter has spent his entire 32-year career at Eli Lilly, and now he’s the CEO just as the company faces one of the bigger challenges in its history. Over a three-year stretch, Lilly will lose patent protection on five blockbuster drugs that generated $12.7 billion in sales last year—more than half of its revenues. … Continue reading “Eli Lilly CEO John Lechleiter on Tackling the Pharmaceutical R&D Crisis (Part 1)”
Solais Lighting Garners $1,750,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f1a344d8-aa8f-4562-bde2-3848325c5931&Preview=1 Date 11/21/2011 Company Name Solais Lighting Mailing Address 470 West Ave. Stamford, CT 06902-6359 Company Description Solais Lighting is a market-driven manufacturing company that has designed and built the world’s premier LED lamps with the light-output, focused-beam and full-dimming features required to replace high-efficiency halogen reflector lamps. Website http://www.solaislighting.com Transaction Type … Continue reading “Solais Lighting Garners $1,750,000 New Financing Round”
Daily Grommet Lands $639,366 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd931738-5e0d-4df7-93a9-40cfe015891e&Preview=1 Date 11/21/2011 Company Name Daily Grommet Mailing Address 6 Wallis Court Lexington, MA 02421 Company Description At the heart of it, we’re a bunch of regular folks with a passion for finding Grommets; wonderful products–with interesting stories–that people would love to know about. Website http://www.dailygrommet.com Transaction Type Debt Transaction Amount $639,366 … Continue reading “Daily Grommet Lands $639,366 New Financing Round”
NormOxys Secures $600,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1e1cac62-ce64-4dc8-8fe8-5fb7c3289bea&Preview=1 Date 11/21/2011 Company Name NormOxys Mailing Address 16 Laurel Ave. Wellesley, MA 02481 Company Description NormOxys is developing a novel class of small molecule drugs, oxyrens, which enhance the body’s ability to deliver oxygen more efficiently to diseased tissues with oxygen deficiency. This new class of drugs can be potentially developed … Continue reading “NormOxys Secures $600,000 New Round”
FitnessKeeper Receives $10,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e4d0cadf-a200-41d4-803e-650b5cbe3e69&Preview=1 Date 11/21/2011 Company Name FitnessKeeper Mailing Address 580 Harrison Ave. Fourth Floor Boston, MA 02118 Company Description RunKeeper is a mobile fitness platform that we are building with a simple mission—to make fitness tracking and training easier to use and more fun. No need for expensive standalone devices, now you can … Continue reading “FitnessKeeper Receives $10,000,000 Series B Funding”
eVariant Receives $5,300,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0bbe6e6f-b2db-4478-a2e3-5d78316ed4c8&Preview=1 Date 11/21/2011 Company Name eVariant Mailing Address 86 Hopmeadow Street Simsbury, CT 06089 Company Description As a strategic eBusiness consulting firm, our mission is to help every client realize the ROI on their Marketing, Sales and IT investments. Website http://www.evariant.com Transaction Type Venture Equity Transaction Amount $5,300,000 Transaction Round Undisclosed Proceeds … Continue reading “eVariant Receives $5,300,000 New Financing Round”
Harvard Innovation Lab Opens to Foster New Generation of Student Entrepreneurs: Five Things We’ve Already Learned
When last we checked in with Gordon Jones, it was six months ago and he had just been appointed the inaugural director of the Harvard Innovation Lab. It was May, the birds were singing, the Red Sox had pulled out of their season-starting slump, and anything seemed possible. Now the cold, dark days are upon … Continue reading “Harvard Innovation Lab Opens to Foster New Generation of Student Entrepreneurs: Five Things We’ve Already Learned”
AlloCure Stem Cell Trial Provides Glimpse of Promising Treatment for Kidney Damage
Ever since nephrologist Robert Brenner joined Burlington, MA-based AlloCure in 2010, he’s been eager to find out how the company’s experimental stem-cell treatment for acute kidney injury would perform in people. Last week, he got his first hint of the answer—and it was a positive one. On Nov. 12, AlloCure presented results from a Phase … Continue reading “AlloCure Stem Cell Trial Provides Glimpse of Promising Treatment for Kidney Damage”
Why Mint.com for Health Is a Terrible Idea, and How Keas Pivoted
If you’re a hammer, you just want to smash nails; if you’re a programmer, you just want to build features. But features do not a successful product make. This is the central myopia that eventually blinds even the most brilliant engineer-entrepreneurs, unless they’re smart enough to surround themselves with people who can check their bias. … Continue reading “Why Mint.com for Health Is a Terrible Idea, and How Keas Pivoted”
Aileron Expands Roche Deal, Agios Gets $78M, Genzyme MS Drug Advances, & More Boston-Area Life Sciences News
Clinical data, startup financings, and collaborations, oh my. It’s been a busy New England life sciences news week. —Cambridge, MA-based Genzyme revealed that its experimental multiple sclerosis treatment, alemtuzumab (Lemtrada), significantly reduced relapses and disability in a Phase 3 trial where it was tested head-to-head against Rebif, a form of interferon sold by EMD Serono and … Continue reading “Aileron Expands Roche Deal, Agios Gets $78M, Genzyme MS Drug Advances, & More Boston-Area Life Sciences News”
Quest Software Acquires VKernel for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ae1229f-e9c6-4a48-9b83-2ac8678f8adf&Preview=1 Date 11/18/2011 Company Name VKernel Mailing Address 300 Brickstone Square Andover, MA 01810 Company Description VKernel is dedicated to developing best-of-breed virtual appliances that enhance performance, lower costs, and simplify management of virtual environments of all sizes. As a certified VMware partner, VKernel offers the industry’s only VMware certified virtual appliances … Continue reading “Quest Software Acquires VKernel for Undisclosed Sum”
Harvest Automation Obtains $7,800,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=62a1668f-f02a-473e-91c8-b232472f8dcb&Preview=1 Date 11/18/2011 Company Name Harvest Automation Mailing Address 85 Rangeway Rd. Billerica, MA 01862 Company Description Harvest Automation is a material handling robotics company which is focused on a new category of robots we call Cooperative Robots. Website http://www.harvestautomation.com Transaction Type Venture Equity Transaction Amount $7,800,000 Transaction Round Series B Proceeds … Continue reading “Harvest Automation Obtains $7,800,000 Series B Financing”
TeraDiode Receives $10,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd2e7041-a08d-4e89-8592-d71b4320c857&Preview=1 Date 11/18/2011 Company Name TeraDiode Mailing Address 11A Beaver Brook Rd Littleton, MA 01460 Company Description TeraDiode is commercializing ground-breaking technology pioneered at MIT Lincoln Laboratory for the industry’s first ultra-bright direct-diode laser. Within one year of the company’s inception in 2009, TeraDiode created its first prototype and established an industry … Continue reading “TeraDiode Receives $10,000,000 Series B Financing Round”
Qteros Cuts Staff, Including CEO, as Biofuels Business Struggles
It is a dark time for biofuels companies—and industrial biotech around Boston, more broadly. Xconomy has learned that Qteros, a heavily funded developer of cellulosic ethanol technology based in Marlborough, MA, has laid off most of its staff, including its CEO John McCarthy. The news was reported earlier today by Dan Primack at Fortune. Xconomy … Continue reading “Qteros Cuts Staff, Including CEO, as Biofuels Business Struggles”
Boston, Meet the i-lab: The Future of Entrepreneurship Begins Here
When I entered Harvard as a freshman, there was no central focus on startups or entrepreneurs. Student groups were splintered and stagnating, and there were no main faculty members whom I could approach about entrepreneurship. I was intimidated to approach students or faculty from Harvard’s graduate schools, and there was no cross-campus collaboration. Harvard’s startup … Continue reading “Boston, Meet the i-lab: The Future of Entrepreneurship Begins Here”
Physio-Control Breaks Away From Medtronic, Via $487M Acquisition by Bain Capital
One of the venerable names of the Seattle life sciences cluster, Physio-Control, is going to stand on its own two legs once again with the help of some old friends from Bain Capital. Minneapolis-based Medtronic (NYSE: [[ticker:MDT]]) is announcing today an agreement to sell 100 percent of its ownership in Redmond, WA-based Physio-Control, the maker … Continue reading “Physio-Control Breaks Away From Medtronic, Via $487M Acquisition by Bain Capital”
Rapid7 Roars Ahead with $50M for Security Software Expansion
If you’re a cyber security company, get your funding while it’s hot. On the same day security software firm CounterTack (fka NeuralIQ) said it is moving from DC to the Boston area and taking a venture round, Boston-based Rapid7, a security assessment software company, says it has raised a $50 million Series C round from … Continue reading “Rapid7 Roars Ahead with $50M for Security Software Expansion”
Aileron CEO Hails Expanded Roche Deal as a Validation of Stapled-Peptide Drug Technology
Yesterday, Cambridge, MA-based Aileron Therapeutics announced that a collaboration it had formed with European drug giant Roche in 2010 has been expanded. The companies, which have been working together on two programs focused on turning Aileron’s “stapled peptide” technology into cancer treatments, have now added a third program focused on inflammatory diseases. The financial details … Continue reading “Aileron CEO Hails Expanded Roche Deal as a Validation of Stapled-Peptide Drug Technology”
Agios Nabs $78M From Partner Celgene, Existing VCs, and Public Funds
Cambridge, MA-based Agios said today it has secured $78 million in an oversubscribed Series C financing. Included in this round are Agios’s drug-development partner Celgene (NASDAQ: [[ticker:CELG]]), along with existing investors Arch Venture Partners, Flagship Ventures, and Third Rock Ventures. The company also attracted several new investors that it did not name, except to say … Continue reading “Agios Nabs $78M From Partner Celgene, Existing VCs, and Public Funds”
CounterTack Collects $9.5M for Cyber Security, Opens Boston-Area Headquarters
For every tech company that leaves Boston, it seems, another one moves in. In this case, the local security software cluster just got stronger—and a new approach to combating cyber attacks has arrived. CounterTack, a security company formerly known as NeuralIQ, has rebranded itself and moved its headquarters from Alexandria, VA, to Waltham, MA. The … Continue reading “CounterTack Collects $9.5M for Cyber Security, Opens Boston-Area Headquarters”
Biopharmaceuticals: Nothing Compares to You
Are biotech and pharma companies doing well, or falling apart at the seams? People will have differences of opinion on this, but one thing is clear: it’s all relative. At a speech to a trade group in Philadelphia last month, James Greenwood, president of the biotechnology trade group BIO, asked the government to stop picking … Continue reading “Biopharmaceuticals: Nothing Compares to You”
Viewfinity Garners $1,262,600 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9e6fb9c8-cd23-421b-9014-7335b528af0c&Preview=1 Date 11/17/2011 Company Name Viewfinity Mailing Address 1050 Winter Street Waltham, MA 02451 Company Description Viewfinity offers uncomplicated systems management solutions to manage, support and control desktops, laptops and Windows servers, regardless of worker location, via SaaS-enabled software. In four easy steps, and in less than 10 minutes, IT departments can … Continue reading “Viewfinity Garners $1,262,600 New Funding”
Rapid7 Receives $50,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=022ba6d6-553b-4e03-9a58-bda90fa884fe&Preview=1 Date 11/17/2011 Company Name Rapid7 Mailing Address 545 Boylston Street Boston, MA 02116 Company Description Rapid7 is the leading provider of NeXpose Unified Vulnerability Management (UVM) Solutions. Website http://www.rapid7.com Transaction Type Venture Equity Transaction Amount $50,000,000 Transaction Round Series C Proceeds Purposes The new funding will support Rapid7’s growth strategy in … Continue reading “Rapid7 Receives $50,000,000 Series C Financing”