A flurry of tech and life sciences startup financings has kept us busy on the deals news front. —Andover, MA-based NewRiver, a maker of investor disclosure software, said it will be acquired for $77 million by Lake Success, NY-based Broadridge Financial Solutions (NYSE: [[ticker:BR]]). NewRiver’s investors include Ironside Ventures, FirstMark Capital, and Lazard Technology Partners. … Continue reading “Anchor Sinks $10M Series B, Aileron Lands Deal with Roche, C Change Launches Fund With Vanterra, & More Boston-Area Deals News”
Category: Boston
NKT Therapeutics Garners $4,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ddb2b94e-8fb5-489c-835c-3e5422bd2dc4&Preview=1 Date 8/25/2010 Company Name NKT Therapeutics Mailing Address 1000 Winter Street Waltham, MA 02451 Company Description NKT Therapeutics, Inc. (the Company) is a biotechnology company focused on developing therapeutics based on unique immune cells called natural killer T (NKT) cells. NKT cells are a rare but central component of the human … Continue reading “NKT Therapeutics Garners $4,000,000 New Funding Round”
American Superconductor, Going Deeper Into Wind Power, Makes Moves in India and U.K.
One of the giants of the New England cleantech scene is making waves—or should I say, wind. Devens, MA-based American Superconductor (NASDAQ: [[ticker:AMSC]]) said today it has received a new order for 17 wind-turbine electrical control systems from Inox Wind, based in India. Financial details weren’t given, but the company is touting it as a … Continue reading “American Superconductor, Going Deeper Into Wind Power, Makes Moves in India and U.K.”
$5M for Photo Diagnostic Systems
Danvers, MA-based Photo Diagnostic Systems, a new medical imaging startup, has raised $5 million in equity funding, according to a regulatory filing. The news was first reported by Mass High Tech. The MHT article reports that Bernard Gordon, a founder of Analogic (NASDAQ: [[ticker:ALOG]]) and NeuroLogica, bought the assets of Photo Detection Systems (now defunct) … Continue reading “$5M for Photo Diagnostic Systems”
C Change Partners on $100M Fund With Vanterra
Fund manager C Change Investments, with offices in Cambridge, MA and San Francisco, has partnered with New York-based private equity firm Vanterra Capital to launch a new fund, with a $100 million initial close earlier in August, the firms announced on Monday. The Vanterra C Change Transformative Energy & Materials Fund I (TEM) will be managed … Continue reading “C Change Partners on $100M Fund With Vanterra”
Aileron Inks Deal with Roche, Worth Up to $1.1B, to Develop Stapled Peptide Drugs
It’s a big day for Aileron Therapeutics. The Cambridge, MA-based biotech firm announced this morning it has formed a partnership with Swiss drug and diagnostics giant Roche to discover, develop, and commercialize a new class of drugs known as “stapled peptides.” Under the terms of the deal, Roche (OTCQX: [[ticker:RHHBY]]) will provide at least $25 … Continue reading “Aileron Inks Deal with Roche, Worth Up to $1.1B, to Develop Stapled Peptide Drugs”
SCVNGR, Battling Foursquare and Others, Looks to Stay “On Top of the World” After Facebook Fallout
“I’m the only person in location who’s happy today.” That was Seth Priebatsch last Thursday. It was the morning after Facebook announced its new feature, Facebook Places, that lets people “check in” using their iPhone or iPad (or location-aware laptop) and share their location with their social network. The general consensus among tech observers is … Continue reading “SCVNGR, Battling Foursquare and Others, Looks to Stay “On Top of the World” After Facebook Fallout”
Photo Diagnostic Systems Secures $5,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a86c6c1-bbc1-4412-86fe-951842d50eaf&Preview=1 Date 8/24/2010 Company Name Photo Diagnostic Systems Mailing Address 14 Electronics Ave. Danvers, MA 01923 Company Description The company is developing a portable version of a positron emission tomography (PET) scanner. Website Undisclosed Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC … Continue reading “Photo Diagnostic Systems Secures $5,000,000 New Round”
AmberWave Systems Shut Down After Raising $91M in Venture Backing—New Company Formed With Its Assets
Earlier this year, Salem, NH-based semiconductor company AmberWave Systems Corp quietly shut its doors, and a new company called AmberWave, Inc. has been formed with its assets, according to multiple sources close to the companies. The news comes to light after an SEC filing on Thursday revealed that AmberWave, Inc., incorporated this year, had raised … Continue reading “AmberWave Systems Shut Down After Raising $91M in Venture Backing—New Company Formed With Its Assets”
Taligen Collects $10M For Focus on Rare Diseases
Taligen Therapeutics wants to apply its technology platform to treat rare diseases in which the immune system goes haywire and attacks healthy cells. The Cambridge, MA-based biotech startup says it has received $10 million from its investors to drive its first drug toward initial human studies against a rare autoimmune disease. The new funding brings … Continue reading “Taligen Collects $10M For Focus on Rare Diseases”
Startup Investing in Massachusetts Shrinks to $131M in July, Big Drop From June Surge
It looks like the lazy days of summer are in full swing. While equity financing deals for Massachusetts startups surged in June to hit a total of $307 million, investors took a bit of a break in July. Last month, Bay State tech and life sciences startups raised less than half their June sum, $131.4 … Continue reading “Startup Investing in Massachusetts Shrinks to $131M in July, Big Drop From June Surge”
Entrepreneurial Walk of Fame Idea Resonates—Although A Few Potential Cracks Have Surfaced in the Pavement
If ever an idea has, um, hit its stride quickly, it’s the one we wrote about last week to create an Entrepreneurial Walk of Fame in Kendall Square to honor local and regional entrepreneurs in much the same fashion as the Hollywood Walk of Fame honors movie stars. As Xconomist Bill Aulet, managing director of … Continue reading “Entrepreneurial Walk of Fame Idea Resonates—Although A Few Potential Cracks Have Surfaced in the Pavement”
Visual IQ Lands $3,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e41002e2-8861-4a25-8909-b14f4142c63f&Preview=1 Date 8/23/2010 Company Name Visual IQ Mailing Address 75 2nd Ave. Needham, MA 02494 Company Description Our hosted software products solve your dilemma of capturing, integrating, analyzing and understanding your marketing performance data. Our Marketing Intelligence Platform online interface delivers near real-time marketing and campaign performance analytics, customer trending, and strategic … Continue reading “Visual IQ Lands $3,000,000 New Financing”
RatePoint Brings in $7M Series C
Needham, MA-based RatePoint, a maker of Web-based platforms for managing customer feedback, announced it has scored a $7 million Series C round led by Prism VentureWorks, .406 Ventures, and Castile Ventures. The newest funding brings RatePoint‘s funding pot to $23.5 million, which includes a $10 million Series B financing it raised last year. The company … Continue reading “RatePoint Brings in $7M Series C”
Apple to Shut Down Quattro Wireless Ad Network; Quattro Team Working to get iAd Platform Up to Speed
Waltham, MA-based Quattro Wireless, which was acquired by Apple in January, is shutting down its three-year-old mobile advertising network in order to focus exclusively on suppporting Apple’s new iAd platform for distributing rich-media ads to iPhone and iPod touch users. Quattro announced the shutdown today on its website and in a memo to advertisers and … Continue reading “Apple to Shut Down Quattro Wireless Ad Network; Quattro Team Working to get iAd Platform Up to Speed”
Visual IQ Grabs $3M From Fog City
Visual IQ, a Needham, MA-based maker of enterprise software for marketing intelligence, has wrapped up $3 million in an equity-based funding round. The funding, which represents Visual IQ’s first institutional round, comes from San Francisco-based Fog City Capital, the company says. Its website lists CVS, Wachovia, Radio Shack, and Microsoft as its customers.
$2.8M for Tokutek
Tokutek, a developer of software for improving database performance, has brought in $2.8 million of an equity-based financing that could total $3.7 million, an SEC filing shows. Tokutek, which has offices in Lexington, MA and New York City, is led by John Partridge, the co-founder of Lexington-based event processing software maker StreamBase Systems.
Vanu Gets $2M
Cambridge, MA-based Vanu, a provider of wireless infrastructure software, raised $2.1 million of a planned $5.2 million offering of equity, options, and warrants, according to an SEC filing. The company, whose software radio technology uses software to mimic functions typically handled by hardware in traditional radios, raised $32 million in a Series B financing two … Continue reading “Vanu Gets $2M”
Anchor Therapeutics Nabs $10M for New Class of Peptide Drugs Against Hard Targets
One of the many companies in Boston taking a shot at developing a new class of therapies has gotten a second vote of confidence from investors. Cambridge, MA-based Anchor Therapeutics has secured a $10 million Series B round of financing from its current investors, TVM Capital, HealthCare Ventures, and the Novartis Option Fund. Anchor, formerly … Continue reading “Anchor Therapeutics Nabs $10M for New Class of Peptide Drugs Against Hard Targets”
In Seed Funding Race, AngelList Sorts the “Junk” from the “Maybes”
You don’t have to search far on Twitter for glowing testimonials about AngelList, a matchmaking service for startups and angel investors launched in February by San Francisco investor/entrepreneurs Babak Nivi and Naval Ravikant: “Wow, just a few days and I’m pretty impressed by the quality of the opportunities”—Hunter Walk “An entrepreneur’s best friend. Two companies … Continue reading “In Seed Funding Race, AngelList Sorts the “Junk” from the “Maybes””
Biogen Strikes Deal with Knopp for ALS Drugs, Selecta Gets New CEO, Avantra Scores $7M, & More Boston-Area Life Sciences News
News of funding and partnerships for area biotechs, plus an in-depth interview with a state life sciences administrator, made it a busy news week for us. —Last week Ryan broke the news that former executives of Sirtris Pharmaceuticals, the biotech known for developing drugs based on the red wine chemical resveratrol, were selling a dietary … Continue reading “Biogen Strikes Deal with Knopp for ALS Drugs, Selecta Gets New CEO, Avantra Scores $7M, & More Boston-Area Life Sciences News”
Welltok Garners $2,500,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f26ed4ab-86a3-46ee-b43a-0f237954d083&Preview=1 Date 8/20/2010 Company Name Welltok Mailing Address 6 Samson Rock Dr. Madison, CT 06443 Company Description Our social platform allows health plans to rapidly participate in the health care community in a new and powerful way, thus strengthening engagement and collaboration with their members. Website http://www.Welltok.com Transaction Type Venture Equity Transaction … Continue reading “Welltok Garners $2,500,000 Series A Round”
Anchor Therapeutics Obtains $10,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f2f806cd-6102-4495-b69d-96766eca0b9b&Preview=1 Date 8/20/2010 Company Name Anchor Therapeutics Mailing Address 67 Rogers St. Cambridge, MA 02142 Company Description Anchor Therapeutics is developing first-in-class pepducin drug candidates, novel molecules that can selectively target G protein coupled receptors (GPCRs) to allosterically modulate GPCR signaling. Website http://www.anchortx.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round … Continue reading “Anchor Therapeutics Obtains $10,000,000 New Financing”
RatePoint Obtains $7,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eb58d390-60db-4f93-80af-e881ead2f729&Preview=1 Date 8/20/2010 Company Name RatePoint Mailing Address 100 Crescent Road Needham, MA 02494 Company Description With your active participation, we are: …creating the first personalized social rating service …providing you with valuable information that matches your likes and dislikes …helping you connect with like-minded people …allowing you to take control and … Continue reading “RatePoint Obtains $7,000,000 New Funding”
Tokutek Lands $2,757,729 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c721faf8-a472-45b7-9f4d-ed7835edbd5f&Preview=1 Date 8/20/2010 Company Name Tokutek Mailing Address 1 Militia Drive Lexington, MA 02421 Company Description Tokutek’s patent-pending technology is a result of ten years of research and development by experts in cache-oblivious algorithmics and is used to accelerate key database operations by orders of magnitude. Tokutek’s solution is based on a … Continue reading “Tokutek Lands $2,757,729 New Funding Round”
RatePoint Obtains $7,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eb58d390-60db-4f93-80af-e881ead2f729&Preview=1 Date 8/20/2010 Company Name RatePoint Mailing Address 100 Crescent Road Needham, MA 02494 Company Description With your active participation, we are: …creating the first personalized social rating service …providing you with valuable information that matches your likes and dislikes …helping you connect with like-minded people …allowing you to take control and … Continue reading “RatePoint Obtains $7,000,000 New Financing Round”
Startup Bootcamp
Startup Bootcamp is a free one-day event featuring talks by entrepreneurs and venture capitalists on how to start a company. Hear from founders themselves about the journey of turning the spark of an idea into a viable product. Get the inside scoop on raising money, term sheets, and how to deal with VCs or angel … Continue reading “Startup Bootcamp”
PatientsLikeMe Lands $8M
PatientsLikeMe, a Cambridge, MA-based firm that provides social networking sites for people with specific illnesses, has raised $8 million of a planned $30 million round of equity financing, according to an SEC filing. Ben Heywood, the president and co-founder of the firm, said that his company doesn’t comment on financings. The company’s previous investors include … Continue reading “PatientsLikeMe Lands $8M”
Xconomy is Expanding Its Coverage of Michigan Innovation—and We’re Looking for Great Writers to Join Us
It’s been just four months since we launched Xconomy Detroit to bring our unique coverage of life sciences, information technology, energy, transportation, robotics, venture capital, and other high-tech arenas to bear on Michigan’s innovation scene—but already we want more! We have found a ton of stories of technology and innovation that still need telling, and … Continue reading “Xconomy is Expanding Its Coverage of Michigan Innovation—and We’re Looking for Great Writers to Join Us”
Agios, Nourished with $130M Celgene Deal, Expanding Staff and Labs to Starve Cancer
[Editor’s note, Aug. 23, 2010: Updated and corrected, see below.] David Schenkein, the CEO of the biotech startup Agios Pharmaceuticals, walked into the firm’s Cambridge, MA, headquarters last week with building plans rolled up in his hand. It was evident that his three-year-old company is growing quickly to pursue new drugs to starve cancer cells, … Continue reading “Agios, Nourished with $130M Celgene Deal, Expanding Staff and Labs to Starve Cancer”
Xconomy Xchange: Jonathan Bush and Girish Navani Face Off on the Future of Health IT
Jonathan Bush and Girish Navani are two dynamic health IT leaders whose companies compete head-to-head in the growing market for electronic health records and healthcare revenue management technology. Bush, the chairman and CEO of athenahealth, is an outspoken advocate for delivering Internet-enabled services to physicians. Navani, the chief executive and co-founder of eClinicalWorks, has built … Continue reading “Xconomy Xchange: Jonathan Bush and Girish Navani Face Off on the Future of Health IT”
Why Facebook Places Will Make Foursquare into a Footnote
If Facebook is doing location, then location must finally be real. I don’t mean that in a sarcastic way. I think that’s actually the most important takeaway from the introduction of Facebook Places last night, at a media event I attended at the social networking giant’s Palo Alto headquarters. The new feature allows people accessing … Continue reading “Why Facebook Places Will Make Foursquare into a Footnote”
Is Hardware Coming Back in Boston? Analog, Lyric, and Local VCs Suggest Yes
What do you get when you cross an MIT startup, a longtime public tech company, and three of the Boston area’s top VC firms? That sounds like a joke, but I’d argue that you get the makings of an interesting trend. The trend is that hardware—the actual machinery that powers our computers, phones, and other … Continue reading “Is Hardware Coming Back in Boston? Analog, Lyric, and Local VCs Suggest Yes”
Nonprofits and the Valley of Death in Drug Discovery
The research and development (R&D) process that ultimately leads to effective drugs is exceedingly difficult, and often the public does not understand the drug discovery pipeline. In a typical model, drug companies will research tens of thousands to millions of compounds and spend in excess of a billion dollars over a 10- to 20-year period … Continue reading “Nonprofits and the Valley of Death in Drug Discovery”
SaveWave, Formerly Upromise Grocery Operations, Spins Out from Sallie Mae with $2.3M from VCs, Angels
[Corrected, 8:35am. See below] Jeff Bussgang knows a few things about building consumer Internet companies. He’ll be applying all that knowledge to a new Boston-area company being announced today called SaveWave. Except it’s not actually new. In a previous life, Bussgang, a general partner at Flybridge Capital Partners, co-founded Upromise, a rewards-service company that helped … Continue reading “SaveWave, Formerly Upromise Grocery Operations, Spins Out from Sallie Mae with $2.3M from VCs, Angels”
Viridity Obtains $8,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=71233ab8-8d44-4598-8cc9-0c276bee569b&Preview=1 Date 8/19/2010 Company Name Viridity Mailing Address 5 Burlington Woods Burlington, MA 01803 Company Description Viridity is delivering a new way to dynamically manage and control these next generation data centers, and to do so holistically across all pillars of the operation: power, space, cooling, application performance, reliability and risk. vi·rid·i·ty … Continue reading “Viridity Obtains $8,000,000 Series B Financing”
SaveWave Lands $2,300,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=36d635a2-0067-44c4-aa6d-230bffeb6518&Preview=1 Date 8/19/2010 Company Name SaveWave Mailing Address 74 Hillcrest Rd. Belmont, MA 02478 Company Description SaveWave is building a platform to enable consumer packaged goods brands and retailers to promote their products and services to all consumers through fully digital promotion, distribution, and rewards fulfillment. In addition to providing Upromise Grocery, … Continue reading “SaveWave Lands $2,300,000 Series A Funding Round”
PatientsLikeMe Lands $8,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f5c52547-2e84-445e-958d-6614dbc0112b&Preview=1 Date 8/19/2010 Company Name PatientsLikeMe Mailing Address 155 Second Street Cambridge, MA 02142 Company Description PatientsLikeMe Inc. is a privately funded for-profit company tasked with making the PatientsLikeMe vision a reality. Our goal is to enable people to share information that can improve the lives of patients diagnosed with life-changing diseases. … Continue reading “PatientsLikeMe Lands $8,000,000 New Round”
Achillion Pharma Finds $50.1M
Achillion Pharmaceuticals (NASDAQ:[[ticker:ACHN]]), a New Haven, CT-based developer of infectious disease drugs, said today it expects to raise $50.1 million in a private sale of the firm’s common stock and warrants. The investors in the private placement include Domain Associates, Clarus Ventures, Quaker BioVentures, and Pappas Ventures, according to Achillion. The company plans to use … Continue reading “Achillion Pharma Finds $50.1M”
HBA Boston- WIS-Careers in Biotech and Biopharma: New Opportunities for Scientists
This event is designed to inform the audience about the wide avenue of alternative career opportunities that exist in the biotechnology and pharmaceutical industries. Representatives from leading Biotech/Pharma companies will share their experiences, identify skill sets needed, and discuss their journey to their current positions. Participants will have four 15-minute cycles to discuss how their … Continue reading “HBA Boston- WIS-Careers in Biotech and Biopharma: New Opportunities for Scientists”
HBA Boston – Managing Up, Down and Across
Join us for the September 15th HBA Boston Program. Through this workshop, participants will learn: · Basic skills necessary for effectively managing up, down and across the organization (360° management). · Techniques for building networks horizontally across the organization. · Skills on influencing across the different levels of the organization. · How to manage individuals … Continue reading “HBA Boston – Managing Up, Down and Across”
Biogen Idec Strikes Potential $345M Deal with Knopp to Develop ALS Drug
Biogen Idec now has a shot at treating a neurodegenerative disease that has befuddled researchers for decades. The Weston, MA-based biotech powerhouse (NASDAQ:[[ticker:BIIB]]) says today it has landed a deal with Knopp Neurosciences to develop an experimental drug for amyotrophic lateral sclerosis (ALS), also known as Lou Gehrig’s disease. Biogen, which has significant operations in … Continue reading “Biogen Idec Strikes Potential $345M Deal with Knopp to Develop ALS Drug”
TechStars Alum Baydin Launches Gmail Plug-In to Keep You From Forgetting to Send Important E-mails
It’s no secret that consumers are looking for technology to help better handle e-mail communications. We’ve written about strategies for keeping the volume of your inbox down, and applications for reminding you to follow up on an e-mail conversation. Alexander Moore’s Cambridge-based startup Baydin was originally focused on helping consumers better bring in relevant files … Continue reading “TechStars Alum Baydin Launches Gmail Plug-In to Keep You From Forgetting to Send Important E-mails”
NewRiver Selling for $77M
NewRiver, an Andover, MA-based provider of investor disclosure software, has inked a deal with Broadridge Financial Solutions (NYSE:[[ticker:BR]]) to be acquired for $77 million, the companies reported yesterday. Lake Success, NY-based Broadridge said the deal is expected to close in August, and NewRiver’s staff in Andover and New Delhi will become part of its investor … Continue reading “NewRiver Selling for $77M”
Susan Windham-Bannister on the State of the State’s $1B Life Sciences Initiative, Part II
Politics play a significant role in Massachusetts’s 10-year plan to invest $1 billion into its life sciences sector. Gov. Deval Patrick championed the effort, which aims to grow the life sciences sector in the state and create new jobs. And every year the Massachusetts Life Sciences Center, the quasi-public agency in charge of the initiative, … Continue reading “Susan Windham-Bannister on the State of the State’s $1B Life Sciences Initiative, Part II”
IBM Buys Unica, A123 Spinout Raises $10M, Zynga Acquires Conduit, & More Boston-Area Deals News
Acquisition news from big IT, Web, and biotech names, plus funding announcements for newer tech and life sciences companies, kept us buzzing with deals news in New England this week. —Watertown, MA-based Dicerna Pharmaceuticals, a startup developing gene-silencing drugs, raised $25 million in Series B funding. New investor Domain Associates led the round, which also … Continue reading “IBM Buys Unica, A123 Spinout Raises $10M, Zynga Acquires Conduit, & More Boston-Area Deals News”
Vanu Lands $2,149,870 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1270e1da-e103-4a8d-ad64-5808b260dd38&Preview=1 Date 8/18/2010 Company Name Vanu Mailing Address One Cambridge Center Cambridge, MA 02142 Company Description Vanu® software radio is the first wireless infrastructure solution that enables individual base stations to simultaneously operate GSM, CDMA, iDEN and beyond. With wireless standards developed entirely in software instead of specialized, single-purpose hardware, the Vanu … Continue reading “Vanu Lands $2,149,870 New Financing”
Avantra Bio Finds $7M
Avantra Biosciences, a Woburn, MA-based developer of protein biomarker technology to detect a range of diseases, has raised $7 million in a Series A funding round, according to an SEC filing. The investors included Courtagen Capital Group of Charlestown, MA, as well as unnamed institutional and individual backers, said R. Brian McKernan, the chief executive … Continue reading “Avantra Bio Finds $7M”
Life Tech, In Competitive Frenzy for Cheap DNA Sequencing, Buys Ion Torrent for $375M
Life Technologies just made a very aggressive move in the ultra-competitive world of fast and cheap gene sequencing. The Carlsbad, CA-based maker of life sciences instruments (NASDAQ: [[ticker:LIFE]]) said today it has agreed to acquire Ion Torrent Systems for a whopping $375 million in cash and stock. And that’s not the end of the deal. … Continue reading “Life Tech, In Competitive Frenzy for Cheap DNA Sequencing, Buys Ion Torrent for $375M”
Zynga Buys Conduit Labs; Social Gaming Giant’s Footprint Now Includes Boston
[Updated, see page 2] San Francisco-based Zynga, continuing the acquisition spree enabled by the massive success of its social games for Facebook, MySpace, and the Apple iPhone, has acquired Conduit Labs, the three-year-old music gaming company based in Cambridge, MA. Zynga announced the acquisition in a press release. Conduit, headquartered in the Barron Building at … Continue reading “Zynga Buys Conduit Labs; Social Gaming Giant’s Footprint Now Includes Boston”