The humble coupon has become the epicenter of an Internet startup mania, the height of which I believe we witnessed when Groupon rejected a $6 billion buyout offer from Google last December. In the wake of Groupon’s vertiginous arc, a mob of copycats has followed. With names like Weforia, LivingSocial, Tippr, and LevelUp (SCVNGR), they … Continue reading “Cannibalization, Breakage, and Exposure: Calculating the Value of a Groupon”
Category: Boston
Looking Up: First Quarter Venture Capital Deals & Dollars Rise
Venture capital investments surged during the first three months of 2011, driven mostly by sharply increased funding for Internet and cleantech-renewable energy startups, according to CB Insights, a New York information and data services firm. Venture investors sunk a total of $7.5 billion into 738 deals throughout the country during the first quarter, a 27 … Continue reading “Looking Up: First Quarter Venture Capital Deals & Dollars Rise”
Currensee Lands $4,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f3633cee-8648-46e3-b314-4633bf8c0038&Preview=1 Date 4/14/2011 Company Name Currensee Mailing Address 77 North Washington Street 6th Floor Boston, MA 02114 Company Description Currensee is the first Forex trading social network where like-minded traders can connect with each other and share unique ideas, insights and data based on the actual trading activity of the community. Website … Continue reading “Currensee Lands $4,000,000 Series C Financing”
Merrimack Pharmaceuticals Secures $77,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8370e71d-2d5b-44c8-b5bc-d90cdcac10ac&Preview=1 Date 4/14/2011 Company Name Merrimack Pharmaceuticals Mailing Address One Kendall Square Cambridge, MA 02139 Company Description Merrimack Pharmaceuticals, Inc. is a privately held biotechnology company based in Cambridge, Massachusetts. We are dedicated to the discovery and development of innovative therapies for the treatment of autoimmune disease and cancer. Website http://www.merrimackpharma.com Transaction … Continue reading “Merrimack Pharmaceuticals Secures $77,000,000 New Round”
GreenBytes Lands $1,001,361 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd2139ce-ca11-4646-87a9-da564bc722d8&Preview=1 Date 4/14/2011 Company Name GreenBytes Mailing Address 15 Gray Lane Ashway, RI 02804 Company Description GreenBytes is the most efficient data storage system on the market today. An ultra high-efficiency NAS. Website http://www.green-bytes.com Transaction Type Venture Equity Transaction Amount $1,001,361 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC … Continue reading “GreenBytes Lands $1,001,361 New Funding”
SilverRail Technologies Garners $4,999,998 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8783471c-c9d1-4cb1-97dd-5348a3c43f08&Preview=1 Date 4/14/2011 Company Name SilverRail Technologies Mailing Address Undisclosed Boston, MA 02108 Company Description SilverRail connects the world of rail. We specialize in building best-in-class technical solutions that help Railways and Travel Distributors to easily connect with each other. Website http://www.silverrailtech.com Transaction Type Venture Equity Transaction Amount $4,999,998 Transaction Round Undisclosed … Continue reading “SilverRail Technologies Garners $4,999,998 New Funding Round”
Lexalytics Digests Wikipedia, Sees Text Analysis Markets Broaden to Include Search, Travel, Law
You can learn a lot from Wikipedia, despite all its faults—and Jeff Catlin’s company has done just that. Boston-based Lexalytics said today that its latest text-analysis software incorporates insights from combing through Wikipedia’s entire user-generated online encyclopedia for relationships between words, phrases, and their meanings. The company says its new software, which powers products used … Continue reading “Lexalytics Digests Wikipedia, Sees Text Analysis Markets Broaden to Include Search, Travel, Law”
PTC Buys MKS
PTC (NASDAQ: [[ticker:PMTC]]), a Needham, MA-based maker of product development software, said it has agreed to acquire MKS (TSX: [[ticker:MKXX]]) for CDN$26.20 per share in cash, for a total purchase price of CDN$292.5 million. MKS makes application lifecycle management technology for tracking the production of software-intensive products, by managing elements like requirements, models, and testing. … Continue reading “PTC Buys MKS”
Taris Bio Taps Third Rock Ventures and Previous Backers in $18.3M Financing Round
Taris Biomedical, an MIT spinout focused on treating bladder diseases, has brought on Third Rock Ventures as its new investor and lead backer in an $18.3 million Series B round of financing. Sarma Duddu, CEO of Lexington, MA-based Taris, says that the funding will be used to advance the company’s lead treatment, which holds the … Continue reading “Taris Bio Taps Third Rock Ventures and Previous Backers in $18.3M Financing Round”
Google-ITA Acquisition Advances, Nano Terra Buys Surface Logix, Blueprint Medicines Gets $40M, & More Boston-Area Deals News
We saw acquisitions in the life sciences, Internet, and mobile sectors, as well as financings for startups spanning high-tech industries in New England. —Akiban Technologies, a Boston database software maker, added another $3.2 million to its $6.5 million financing from 2009. The company, whose previous investors include North Bridge Venture Partners and Foundation Capital, used … Continue reading “Google-ITA Acquisition Advances, Nano Terra Buys Surface Logix, Blueprint Medicines Gets $40M, & More Boston-Area Deals News”
Stemgent Receives $750,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=85584c08-e345-40c4-8a81-75f6e3780306&Preview=1 Date 4/13/2011 Company Name Stemgent Mailing Address 790 Memorial Drive Cambridge, MA 02139 Company Description Stemgent advances stem cell science by providing proprietary reagents and tools developed and proven for reproducibility by some of the world’s leading stem cell scientists. Website http://www.stemgent.com Transaction Type Debt Transaction Amount $750,000 Transaction Round Undisclosed … Continue reading “Stemgent Receives $750,000 New Financing Round”
TARIS Biomedical Garners $18,300,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=60f17ac6-da75-4fa5-8ede-d3fe2f982e1c&Preview=1 Date 4/13/2011 Company Name TARIS Biomedical Mailing Address 99 Hayden Avenue Lexington, MA 02421 Company Description TARIS Biomedical Inc., a specialty pharmaceutical company with deep domain expertise in therapeutics and drug-delivery, is focused on local minimally-invasive drug-device convergence products. Website http://www.tarisbiomedical.com Transaction Type Venture Equity Transaction Amount $18,300,000 Transaction Round Series … Continue reading “TARIS Biomedical Garners $18,300,000 Series B Round”
CSIdentity Acquires IdentityTruth for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=db5dc693-a008-431f-bc98-7fa14f1802c5&Preview=1 Date 4/13/2011 Company Name IdentityTruth Mailing Address 404 Wyman Street Waltham, MA 02451 Company Description The company provides identity IT technologies. Website http://www.identitytruth.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed.
Public Policy Institute on How to Boost Biotech in New York: More Jobs, Better Teamwork, Fewer Taxes
In a scintillating report released today, the Public Policy Institute (PPI) of New York blasts the state’s leaders for failing to support the local biotechnology industry. New York ranks fifth in the nation in biotech employment, for example, and sixth in total capital expenditures made by the industry. And despite churning out more college graduates … Continue reading “Public Policy Institute on How to Boost Biotech in New York: More Jobs, Better Teamwork, Fewer Taxes”
Groom Energy Grabs $2.6M
Groom Energy, a Salem, MA-based company focused on corporate sustainability and energy assessments, said today it has pinned down $2.6 million in funding from a group of angel investors, led by Eyk Van Otterloo, founder of the investment management firm GMO. The money will fund its shared-savings agreements with corporations, where it installs products like … Continue reading “Groom Energy Grabs $2.6M”
Webby Award Nominees Include New York, Boston, San Francisco, San Diego, and Seattle Internet Innovators
OK, so they’re not quite the Emmys. And this being New York, they’re not even the Tonys. But for the city’s legions of Web developers and interactive advertisers they might as well be the Oscars. That’s right, it’s time for the 15th Annual Webby Awards. The nominees were announced today in New York. The Webby … Continue reading “Webby Award Nominees Include New York, Boston, San Francisco, San Diego, and Seattle Internet Innovators”
Investments in Verdasys, Bit9 Add to Funding Pot for Boston-Area Security Firms
It’s a good time to be in the security software business, or so it seems. Two area firms working on enterprise-level security and endpoint security to protect against cyber attacks and malware announced some big funding rounds today. The deal announcements come less than a month after RSA Security, a Bedford, MA-based division of EMC … Continue reading “Investments in Verdasys, Bit9 Add to Funding Pot for Boston-Area Security Firms”
Nano Terra Acquires Surface Logix
Nano Terra, a Brighton, MA-based company that works with industry on surface engineering and nanotechnology projects, said today that it has acquired the drug developer Surface Logix. The terms and details of the deal were not disclosed. Harvard University chemist George Whitesides (an Xconomist) is a founder of both Nano Terra and Surface Logix. “Surface … Continue reading “Nano Terra Acquires Surface Logix”
Roche Vet Takes CEO Job at Boston’s Enlight Biosciences
Michelle Browner saw firsthand what huge challenges lie along the way to developing a new drug during her 18 years at Swiss healthcare giant Roche. Now, Xconomy has learned, she has taken the CEO job at Boston-based Enlight Biosciences, a firm that was founded to aid Big Pharma with some of its biggest research and … Continue reading “Roche Vet Takes CEO Job at Boston’s Enlight Biosciences”
Genzyme’s Termeer Joins Aveo Board
Aveo Pharmaceuticals (NASDAQ:[[ticker:AVEO]]), a Cambridge, MA-based company with a drug in late-stage development for advanced kidney cancer, said today that it has recruited biotech bigwig Henri Termeer, the outgoing chairman and CEO of biotech drug maker Genzyme, to join its board of directors. Termeer, who joined Genzyme in 1983 and built it into an industry … Continue reading “Genzyme’s Termeer Joins Aveo Board”
Digital Lumens Lights Up With $10M to Get Smart LED Technology to More Customers
Boston-based cleantech startup Digital Lumens has taken in $10 million in a Series B funding from its existing investors Black Coral Capital, Flybridge Capital Partners, and Stata Venture Partners, and has nabbed a line of credit from Silicon Valley Bank. The deal brings Digital Lumens’ funding pot to about $25 million. Digital Lumens has married … Continue reading “Digital Lumens Lights Up With $10M to Get Smart LED Technology to More Customers”
Controversial Companies Are Good, VCs Are Getting Active, and Entrepreneurial Generation Rising: 10 Takeaways from Xconomy’s VC65
If you talk to enough venture capitalists, you’ll hear certain universal truths. For one thing, venture-backed companies provide something like 20 percent of all jobs in the U.S. Second, despite some contraction and a decade of generally lousy returns, the VC industry is as strong as ever. And, yes, the IPO and acquisitions markets could … Continue reading “Controversial Companies Are Good, VCs Are Getting Active, and Entrepreneurial Generation Rising: 10 Takeaways from Xconomy’s VC65”
Digital Lumens Obtains $10,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=18d6a00c-ee3a-40fe-ba2b-09eb674ada10&Preview=1 Date 4/12/2011 Company Name Digital Lumens Mailing Address 129 Portland Street 4th Floor Boston, MA 02114 Company Description Founded by a group of engineers and executives with years of experience in solid-state lighting and distributed networking, Digital Lumens is creating lighting solutions that deliver 100% of the light at 10% of … Continue reading “Digital Lumens Obtains $10,000,000 Series B Funding Round”
Verdasys Lands $15,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4696832c-338e-4c85-9017-946bc4f8358f&Preview=1 Date 4/12/2011 Company Name Verdasys Mailing Address 404 Wyman St. Waltham, MA 02451 Company Description Verdasys was founded with a mission – To develop a new generation of software solutions to totally protect and manage the flow of data essential to the operation of businesses on a global basis. Website http://www.verdasys.com … Continue reading “Verdasys Lands $15,000,000 New Financing”
Bit9 Lands $12,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=18f476ed-ed37-4a66-8283-b690aff14b1e&Preview=1 Date 4/12/2011 Company Name Bit9 Mailing Address 266 Second Ave Waltham, MA 02451 Company Description Bit9 is the first company to solve the problem of unwanted software at the endpoint. Website http://www.bit9.com Transaction Type Venture Equity Transaction Amount $12,500,000 Transaction Round Undisclosed Proceeds Purposes Bit9 will use the funds to accelerate … Continue reading “Bit9 Lands $12,500,000 New Financing Round”
Nano Terra Acquires Surface Logix for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=54555576-0d34-4035-bdcd-de35d47aec77&Preview=1 Date 4/12/2011 Company Name Surface Logix Mailing Address 50 Soldiers Field Place Brighton, MA 02135 Company Description Surface Logix is a drug development company which uses its expertise in biophysical chemistry to create new small molecule drugs with significantly improved pharmacokinetic (PK) and pharmacodynamic (PD) properties compared with class leaders. Website … Continue reading “Nano Terra Acquires Surface Logix for Undisclosed Sum”
nSphere Scoops Up Peekaboo Mobile
Boston-based nSphere (formerly called DirectoryM) has acquired Peekaboo Mobile, a mobile-coupon tech startup, also based in Boston, as reported by TechCrunch. Terms of the deal weren’t disclosed, though the report says the transaction was in the seven figures. Peekaboo Mobile was founded in 2010 by Michael Fruzzetti and Ben Dolgoff. Last October, Peekaboo said it … Continue reading “nSphere Scoops Up Peekaboo Mobile”
Seattle’s Marchex Acquires Boston-Area Startup Jingle Networks for $62.5M, Adding Heft to Phone Call Advertising
Seattle-based Marchex, an online advertising and search company, is acquiring Billerica, MA-based Jingle Networks for up to $62.5 million in cash and stock, the companies announced today. Marchex (NASDAQ: [[ticker:MCHX]]) says the combination will allow its advertising network to reach more than 500 million phone calls annually. Jingle Networks provides advertising to mobile carriers and … Continue reading “Seattle’s Marchex Acquires Boston-Area Startup Jingle Networks for $62.5M, Adding Heft to Phone Call Advertising”
Teams From MA, RI, and CT Take Top Three Spots at Boston FIRST Robotics Competition
Fifty-three teams battled it out on Saturday at the Boston regional edition of the FIRST (For Inspiration and Recognition of Science and Technology) Robotics Competition, a robot-building contest for high school students celebrating its 20th anniversary season year. The nonprofit behind the competition was founded by Segway inventor Dean Kamen. Each year, student teams get … Continue reading “Teams From MA, RI, and CT Take Top Three Spots at Boston FIRST Robotics Competition”
Zixi Gets $4 Million
Zixi, a Waltham, MA-based startup developing software to better deliver HD Internet video content, announced it has raised a $4 million financing, led by Boston-based Schooner Capital. The deal also included former Scientific Atlanta chairman and CEO Sidney Topol, and Maurice Schonfeld, the co-founder and first chief executive of CNN and the founder and former … Continue reading “Zixi Gets $4 Million”
Biogen Idec Passes Pivotal Trial With Oral MS Drug; Shares Climb
Biogen Idec is the world’s biggest maker of multiple sclerosis drugs, and today it just cleared a hurdle that might help it stay at the top of the heap for years to come. The Weston, MA-based biotech giant (NASDAQ: [[ticker:BIIB]]) said today that its oral MS drug candidate, dimethyl fumarate (BG-12), met its main goal … Continue reading “Biogen Idec Passes Pivotal Trial With Oral MS Drug; Shares Climb”
Blueprint Medicines Brings In $40M, Led by Third Rock, for Targeted Cancer Therapies
In one of the Boston area’s biggest startup deals in recent years, Cambridge, MA-based Blueprint Medicines said today it has raised $40 million in Series A financing led by Third Rock Ventures. Blueprint has been stealthy to date, but its focus is on developing “personalized” cancer treatments based on molecular and cancer genome data and … Continue reading “Blueprint Medicines Brings In $40M, Led by Third Rock, for Targeted Cancer Therapies”
Open Source Biology Deserves a Shot
Gene sequencing has gotten incredibly fast and cheap, and researchers around the world are pouring huge volumes of genomic data onto their private servers, in the hope they will sift through it all to make groundbreaking discoveries. Should so much genomic data be so closely guarded, or should it be poured into a free and … Continue reading “Open Source Biology Deserves a Shot”
Zixi Garners $4,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5954be74-51d1-4add-b9c1-599ca371f889&Preview=1 Date 4/11/2011 Company Name Zixi Mailing Address 950 Winter St. Waltham, MA 02451 Company Description Zixi is the leading enabler of flawless broadcast quality HDTV over the Internet. Broadcasters, enterprises and video-on-demand services use Zixi to enrich user experience, create new services and significantly reduce costs. Zixi enables the delivery of … Continue reading “Zixi Garners $4,000,000 New Financing Round”
Blueprint Medicines Lands $40,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=da01941f-0ed2-4b42-8e59-ab1172041e41&Preview=1 Date 4/11/2011 Company Name Blueprint Medicines Mailing Address Undisclosed Cambridge, MA 02138 Company Description Blueprint Medicines is driving the development of personalized, highly-selective cancer therapies that harness the growing understanding of the molecular blueprint of cancer. Website http://www.blueprintmedicines.com Transaction Type Venture Equity Transaction Amount $40,000,000 Transaction Round Series A Proceeds Purposes … Continue reading “Blueprint Medicines Lands $40,000,000 Series A Financing Round”
The VC65 Photo Gallery: Happy 65th Birthday, Venture Capital
In case you haven’t heard, we held a rocking 65th birthday party on Wednesday…for the venture capital industry. Nearly 1,000 attendees piled into MIT’s Kresge Auditorium for “VC65,” which Xconomy organized in partnership with the National Venture Capital Association and the MIT Museum. (NVCA bused over more than 500 VCs who were in Boston for … Continue reading “The VC65 Photo Gallery: Happy 65th Birthday, Venture Capital”
Google and ITA Software: The Acquisition That Almost Wasn’t, Is Again (With Some Strings Attached)
[Updated 3:30 pm. See below] It took a while, but we now have a ruling in a case that has major ramifications for the online travel industry. The U.S. Department of Justice said today it has proposed a settlement in the case of Google’s $700 million bid to acquire ITA Software, a Cambridge, MA-based airfare … Continue reading “Google and ITA Software: The Acquisition That Almost Wasn’t, Is Again (With Some Strings Attached)”
Thanks to Our VC65 Speakers, Sponsors, and Partners
Our big VC65 event in MIT’s Kresge Auditorium was a tremendous success. The intent of course, was to celebrate the 65th anniversary of venture capital in America—but in a way that drew out lessons and insights about building great companies and great partnerships between VCs and entrepreneurs. We drew an amazing crowd of nearly 1,000 … Continue reading “Thanks to Our VC65 Speakers, Sponsors, and Partners”
Video Search Provider Blinkx Buys Burst Media’s Ad Network for $30 Million
Blinkx, the San Francisco-based video search engine, has taken a big leap into the online advertising business—and expanded its operations to the Boston area in the process. The company said today it has acquired Burlington, MA-based Burst Media, which manages an online advertising network catering to niche or “long tail” Web publishers. Burst distributes ads … Continue reading “Video Search Provider Blinkx Buys Burst Media’s Ad Network for $30 Million”
$5.5M Stock Sale for World Energy
Worcester, MA-based World Energy Solutions (NASDAQ: [[ticker:XWES]]) said yesterday it is raising $5.5 million in a sale of 1.5 million shares of common stock ($3.60 per share) to several institutional investors. The company says the money will be used for new investments and acquisitions in energy management, among other strategic initiatives. World Energy is known … Continue reading “$5.5M Stock Sale for World Energy”
With iMovie on the iPad 2, Video Editing Is Fun Again
As much as I loved the original Apple iPad, there was one thing about the device that stuck in my craw: the missing cameras. It was an easy guess when the original product debuted 12 months ago that Apple would rectify the omission in a near-future version. What annoyed me was the certainty that at … Continue reading “With iMovie on the iPad 2, Video Editing Is Fun Again”
Westphal Leaving Glaxo, Cubist Settles Patent Litigation with Teva, BSX Buys S.I., & More Boston-Area Life Sciences News
We saw news of personnel shifts, litigation, clinical progress, financing, and acquisitions from health IT firms, device makers, and drug companies in New England this week. —Waltham, MA-based Forerun, a developer of patient-charting software for emergency room doctors, raised $2 million in a Series C funding led by the Massachusetts Technology Development Corporation. —GlaxoSmithKline (NSYE: … Continue reading “Westphal Leaving Glaxo, Cubist Settles Patent Litigation with Teva, BSX Buys S.I., & More Boston-Area Life Sciences News”
Tarpon Biosystems Lands $786,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=76dd4e4a-303f-4d8e-aac1-c7edb101eaa9&Preview=1 Date 4/8/2011 Company Name Tarpon Biosystems Mailing Address 197 M Boston Post Rd. West Marlborough, MA 01752 Company Description The efficiencies of upstream processes have increased dramatically over the past decade. Downstream processing or purification has not kept pace with these innovations. Tarpon Biosystems has developed the first ever BioSMB systems … Continue reading “Tarpon Biosystems Lands $786,000 New Financing Round”
TripAdvisor to Spin Out of Expedia as Separate Public Company; CEO Kaufer Looking Forward to “Growth and Innovation”
Interesting news in online travel this afternoon, spanning the Boston and Seattle areas—and plenty of destinations in between. Bellevue, WA-based Expedia (NASDAQ: [[ticker:EXPE]]) said it plans to split into two publicly traded companies—one will be Newton, MA-based TripAdvisor (which has been part of Expedia since 2004), and the other will remain Expedia, which also owns … Continue reading “TripAdvisor to Spin Out of Expedia as Separate Public Company; CEO Kaufer Looking Forward to “Growth and Innovation””
Akiban Adds $3.2M
Akiban Technologies, a Boston-based provider of database virtualization software for the cloud, has raised $3.2 million atop a $6.5 million financing it announced in July 2009, according to a filing amended with the SEC this week. North Bridge Venture Partners and Foundation Capital participated in the first part of the Series A round for the … Continue reading “Akiban Adds $3.2M”
How to Hire and Fire, Establish Company Culture, and Go Public: 10 Lessons from Three Big CEOs at NVCA
Can you ever fire people too quickly, as chief executive? How do you foster a company’s culture as it grows? And what are the pros and cons of going public? Answers to these pointed management questions could be found in yesterday’s technology track at the National Venture Capital Association’s annual meeting in Boston. Harvard Business … Continue reading “How to Hire and Fire, Establish Company Culture, and Go Public: 10 Lessons from Three Big CEOs at NVCA”
Forbes Ranks Detroit, Other Xconomy Cities Poorly In Minority Entrepreneurship
Forbes recently ranked the best cities for minority entrepreneurs and perhaps not surprisingly, Detroit finished near the bottom of the list. Despite Detroit’s large African American population, the magazine ranked the Motor City 47th out of 52 metropolitan areas. You can probably blame the usual suspects: lack of venture capital, the loss of population, downsizing … Continue reading “Forbes Ranks Detroit, Other Xconomy Cities Poorly In Minority Entrepreneurship”
T2 Biosystems, On-Q-ity, and GnuBIO Report Progress in Hunting for Signs of Disease
[Updated. 4/8/11. 8:09 am Eastern. See updates to section on On-Q-ity.] T2 Biosystems has chosen deadly blood-borne yeast infections as the lead targets of its system for rapidly and accurately diagnosing diseases. And the Lexington, MA-based firm is revealing results this morning from lab experiments that show the potential of its diagnostic for Candida infections … Continue reading “T2 Biosystems, On-Q-ity, and GnuBIO Report Progress in Hunting for Signs of Disease”
Rodney Brooks at NVCA: Why the World Needs Robots, and What VCs Need to Watch Out For
The world needs robots, hopefully more than Mars needs moms. The first part of that was Rodney Brooks’s message in his talk at the annual meeting of the National Venture Capital Association in Boston yesterday. Brooks, of course, has a strong interest in seeing the mass adoption of robots. He’s the co-founder of iRobot (NASDAQ: … Continue reading “Rodney Brooks at NVCA: Why the World Needs Robots, and What VCs Need to Watch Out For”
Founder Collective, Seed-Stage Fund, Betting on Surging NYC Tech Startup Scene
New York is famous in the business world for its large companies in a variety of industries. For the partners at the seed-stage venture fund Founder Collective, however, the focus is on the small tech startups in the city and beyond that have the potential to rapidly grow in value. In fact, managing partners David … Continue reading “Founder Collective, Seed-Stage Fund, Betting on Surging NYC Tech Startup Scene”