Vertex Pharmaceuticals (NASDAQ:[[ticker:VRTX]]) of Cambridge, MA, saw its stock soar today after preliminary data from a small ongoing trial of its oral hepatitis C drug Telaprevir were released in a conference abstract. The abstract indicated that patients for whom standard hepatitis treatments had previously failed responded well to Telaprevir. The data are scheduled to be … Continue reading “Vertex Jumps More Than 25 Percent on Hepatitis Drug Data”
Category: Boston
FIRST Robotics Update—Menino Wowed, Big Crowd, Really Loud
Saturday’s regional high school robotics competition held at Boston University’s Agganis Arena event set records for attendance, mayoral wowing, and sci-tech luminary gazing. Two teams from Massachusetts, one from New Hampshire, and one from New York state were among the big winners. That’s the report from Xconomist Marc Hodosh, chair of Boston FIRST (For Inspiration … Continue reading “FIRST Robotics Update—Menino Wowed, Big Crowd, Really Loud”
Microsoft Boosts Kerberos Consortium
Microsoft has joined the MIT Kerberos Consortium as a founding sponsor, nudging the organization closer to its goal of establishing Kerberos as a universal authentication platform for computer networks, MIT officials announced today. A representative of the software maker will join counterparts from Sun, Google, and Apple on the consortium’s executive board. Although Kerberos was … Continue reading “Microsoft Boosts Kerberos Consortium”
Povo Lets Residents Say What’s Best and Worst About Boston, Block by Block
Mix one cup of Wikipedia with one cup of Google Maps, add a generous dollop of MIT-bred geekdom, and bake for about 14 months. Serves 600,000. The confection in question is Povo.com, a user-editable online community directory that debuted in Boston last week. A project of Boston-based Arts Alliance Labs, a combination venture capital firm … Continue reading “Povo Lets Residents Say What’s Best and Worst About Boston, Block by Block”
Harvard Entrepreneurship Lives! (A Report from an MIT Student)
Several weeks ago, I heard a very heated discussion on the failure of Harvard entrepreneurship at the MIT Entrepreneurship Forum’s recent Power, Drugs & Money conference (that was extended in an Xconomist Forum post by former gubernatorial candidate and Harvard grad Chris Gabrieli). Being a curious MIT student, I decided to investigate the issue and … Continue reading “Harvard Entrepreneurship Lives! (A Report from an MIT Student)”
1366’s Sunny Start, Adimab’s Second Round, Constant Contact’s Second Offering, and More Deals News
Another somewhat sluggish week, deals-wise. Perhaps everybody was too busy trying to uncover the identities of the members of the MIT blackjack team? —Biotech startup Adimab of Lebanon, NH, closed a Series B financing round co-led by Polaris Venture Partners and SV Life Sciences. The total raised in the deal, which comes less than a … Continue reading “1366’s Sunny Start, Adimab’s Second Round, Constant Contact’s Second Offering, and More Deals News”
Stoneacre, Inc Lands $1,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d45449b9-849f-4e81-97a3-096ceb825695&Preview=1 Date 3/31/2008 Company Name Stoneacre, Inc Mailing Address 401 Edgewater Place Wakefield, MA 01880 Company Description The company develops affinity and customer loyalty programs. Website http://stoneacrepartners.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Bain Capital Ventures Venture … Continue reading “Stoneacre, Inc Lands $1,000,000 New Funding Round”
Plectix BioSystems Lands $3,750,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=badd696f-0a5d-4a51-841c-0d37da4eb6ca&Preview=1 Date 3/31/2008 Company Name Plectix BioSystems Mailing Address Undisclosed Cambridge, MA 02142 Company Description The company is developing computer modeling of complex biological and chemical systems. Website Undisclosed Transaction Type Venture Equity Transaction Amount $3,750,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor OVP Venture … Continue reading “Plectix BioSystems Lands $3,750,000 New Funding Round”
Azimuth Systems Inc. Lands $5,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b2637138-01e2-4554-9bef-11dff39c56ff&Preview=1 Date 3/31/2008 Company Name Azimuth Systems Inc. Mailing Address 31 Nagog Park Acton, MA 01720 Company Description Azimuth Systems, is an innovator in wireless data communications test solutions that test the functionality, interoperability and performance of wireless devices and networks. Website http://www.azimuthsystems.com/ Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round … Continue reading “Azimuth Systems Inc. Lands $5,000,000 New Financing”
Ember Corporation Garners $4,686,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6318379d-c281-4450-abc3-144347a3c4bc&Preview=1 Date 3/31/2008 Company Name Ember Corporation Mailing Address 47 Farnsworth Street Boston, MA 02210 Company Description Ember enables communication among embedded microcontrollers with standards-based wireless mesh networking semiconductors and software. Website http://www.ember.com Transaction Type Venture Equity Transaction Amount $4,686,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms … Continue reading “Ember Corporation Garners $4,686,000 New Funding”
Intelligent Bio-Systems, Inc Obtains $354,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8792d811-5b73-4c89-93b8-1db6b20f2400&Preview=1 Date 3/31/2008 Company Name Intelligent Bio-Systems, Inc Mailing Address 34 Bear Hill Rd. Waltham, MA 02451 Company Description Intelligent Bio-Systems is developing a next generation DNA sequencing system that can simultaneously increase the speed and reduce the cost of producing sequence data by a factor of 100 to 1,000. It uses … Continue reading “Intelligent Bio-Systems, Inc Obtains $354,000 New Funding Round”
EPAC Technologies Inc. Obtains $20,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=61067521-5bca-4b5a-b8e6-2209fc36fecc&Preview=1 Date 3/31/2008 Company Name EPAC Technologies Inc. Mailing Address 42 Ladd St. East Greenwich, RI 02818 Company Description EPAC develops automation technology for digital printing. EPAC operates on a service model, focusing on the elimination of waste in its customer book and collateral supply chain. This runs from the management of … Continue reading “EPAC Technologies Inc. Obtains $20,000,000 New Financing”
Crossbeam Systems, Inc. Lands $3,595,100 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=30f5f67f-cd66-42da-9281-3f2875686bb0&Preview=1 Date 3/31/2008 Company Name Crossbeam Systems, Inc. Mailing Address 80 Central Street Boxborough, MA 01719 Company Description Crossbeam Systems is leading a revolution in the network security equipment field, one that lowers risk and exposure, reduces infrastructure costs and increases flexibility to respond to new threats. By radically simplifying security architectures … Continue reading “Crossbeam Systems, Inc. Lands $3,595,100 New Financing Round”
uTest, Inc. Garners $2,230,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=92ce67e3-a085-4e9c-9320-4254ccb9f21e&Preview=1 Date 3/31/2008 Company Name uTest, Inc. Mailing Address 190 Front Street Ashland, MA 01721 Company Description uTestTM is revolutionizing traditional software testing by introducing the first global marketplace for software application testing coupled with a Pay Per Bug business model. Website http://www.utest.com Transaction Type Venture Equity Transaction Amount $2,230,000 Transaction Round … Continue reading “uTest, Inc. Garners $2,230,000 New Funding Round”
LumenZ, Inc. Lands $3,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=331f18f5-59f0-44b2-b1ca-479f05907e06&Preview=1 Date 3/31/2008 Company Name LumenZ, Inc. Mailing Address 8 Saint Mary’s Street, Room 627 Boston, MA 02215 Company Description The company develops and commercializes LED technology and related services. Website Undisclosed Transaction Type Venture Equity Transaction Amount $3,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “LumenZ, Inc. Lands $3,000,000 New Funding Round”
Accell Systems, Inc. Lands $500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f71590f7-ebb3-4115-b5f3-583afa98a3c2&Preview=1 Date 3/31/2008 Company Name Accell Systems, Inc. Mailing Address 1900 W. Park Drive Westborough, MA 01581 Company Description Accell Systems’s Nexus allows you to deliver next-generation, high-performance DSL services – over your existing copper wires. Website http://www.accellsystems.com Transaction Type Venture Equity Transaction Amount $500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Accell Systems, Inc. Lands $500,000 New Financing Round”
Bandgap Engineering, Inc. Secures $1,400,100 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=74192fd7-4f35-4c9d-b6a0-5a4279263c9d&Preview=1 Date 3/31/2008 Company Name Bandgap Engineering, Inc. Mailing Address 36 Shermans Way West Wood, MA 02090 Company Description The company develops renewable energy technologies. Website Undisclosed Transaction Type Venture Equity Transaction Amount $1,400,100 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Massachusetts Green Energy Fund … Continue reading “Bandgap Engineering, Inc. Secures $1,400,100 New Financing”
Vortex Medical, Inc. Lands $2,250,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=517d94f6-a300-4ec6-a222-5b3211ff25d6&Preview=1 Date 3/31/2008 Company Name Vortex Medical, Inc. Mailing Address 50 Loring Drive Norwell, MA 02061 Company Description The company develops and sells medical devices. Website Undisclosed Transaction Type Venture Equity Transaction Amount $2,250,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Catalyst Health & Technology … Continue reading “Vortex Medical, Inc. Lands $2,250,000 New Financing Round”
Solace Pharmaceuticals Inc. Lands $6,749,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0a546084-dd3e-4742-ae5f-5b4928fd7810&Preview=1 Date 3/31/2008 Company Name Solace Pharmaceuticals Inc. Mailing Address 222 Berkeley Street Boston, MA 02116 Company Description Solace was co-founded in March 2006 by PureTech Ventures and a preeminent team of scientific, clinical, regulatory and drug development experts who are collaborating to translate groundbreaking scientific discoveries in pain biology into innovative, … Continue reading “Solace Pharmaceuticals Inc. Lands $6,749,000 New Funding Round”
Tryton Medical, Inc. Secures $14,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=927963dc-7bd9-4c0e-ab2c-5b92d55e6684&Preview=1 Date 3/31/2008 Company Name Tryton Medical, Inc. Mailing Address 2330 Washington Street Newton, MA 02462 Company Description Tryton Medical, Inc. is the leading developer of stents that are designed to definitively treat bifurcation lesions. 540,000 bifurcation coronary lesions are sub-optimally treated every year with a variety of time consuming and technically … Continue reading “Tryton Medical, Inc. Secures $14,000,000 Series C Funding”
BlueShift Technologies Receives $12,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=39913437-8193-4cf2-a412-607d0d245196&Preview=1 Date 3/31/2008 Company Name BlueShift Technologies Mailing Address 3 Riverside Drive Andover, MA 01810 Company Description BlueShift Technologies, Inc. develops and markets vacuum automation products for semiconductor manufacturing. Website http://www.blueshifttech.com Transaction Type Venture Equity Transaction Amount $12,000,000 Transaction Round Undisclosed Proceeds Purposes Undisclosed M&A Terms Venture Investor Atlas Venture Venture Investor … Continue reading “BlueShift Technologies Receives $12,000,000 New Financing Round”
Care.com, Inc. Obtains $9,999,900 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=11dbaa95-97d6-4dfe-8cb0-670160c004cf&Preview=1 Date 3/31/2008 Company Name Care.com, Inc. Mailing Address 1400 Main St. Waltham, MA 02451 Company Description Care.com is an online marketplace connecting people seeking care services with a national and local network of trusted providers. The company provides a simple and safe way for families and individuals to manage their care … Continue reading “Care.com, Inc. Obtains $9,999,900 New Financing Round”
Parasol Therapeutics, Inc. Receives $2,040,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=02c9078f-d23b-4d9a-b04c-6b1a2b44781b&Preview=1 Date 3/31/2008 Company Name Parasol Therapeutics, Inc. Mailing Address 1000 Winter Street Waltham, MA 02451 Company Description The company provides pharmaceutical drug research and development. Website Undisclosed Transaction Type Venture Equity Transaction Amount $2,040,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Polaris Venture Partners
HighRoads Inc. Lands New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ea6c7714-a33a-4bf4-8c3a-7f205b136cfd&Preview=1 Date 3/31/2008 Company Name HighRoads Inc. Mailing Address 150 Presidential Way Woburn, MA 01801 Company Description HighRoads is the leading provider of Benefits Lifecycle Management (BLM). Our technology-based solutions and services provide visibility and enable collaboration throughout the design, procurement, management and communication of employee benefits plans. HighRoads’ comprehensive solutions for … Continue reading “HighRoads Inc. Lands New Financing”
Avila Therapeutics, Inc. Lands $21,250,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8da2ab14-0cc8-4e4b-8743-7fda1d6d3c1c&Preview=1 Date 3/31/2008 Company Name Avila Therapeutics, Inc. Mailing Address 100 Beaver Street Waltham, MA 02453 Company Description Avila Therapeutics, Inc., is a venture-backed company focused on the discovery and development of novel small molecule therapeutics to address significant unmet clinical needs with an initial focus on cancer and viral diseases. Website … Continue reading “Avila Therapeutics, Inc. Lands $21,250,000 New Financing”
Unidesk Corpporation Secures $8,185,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b88333ab-62c2-43ab-acd5-84e3a2c79b6f&Preview=1 Date 3/31/2008 Company Name Unidesk Corpporation Mailing Address 1900 West Park Drive Westborough, MA 01581 Company Description Unidesk is focused on building innovative new software solutions that will dramatically reduce costs, increase IT control, and enhance the end user desktop computing experience for enterprise customers. Website http://www.unidesk.com Transaction Type Venture Equity … Continue reading “Unidesk Corpporation Secures $8,185,000 New Funding Round”
Mazu Networks Inc. Receives $5,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=11fcc1b5-b7a2-4bb3-b65f-95fda925c87a&Preview=1 Date 3/31/2008 Company Name Mazu Networks Inc. Mailing Address 125 CambridgePark Drive, 4th Floor Cambridge, MA 02140 Company Description Mazu Networks provides behavior-based network security solutions that analyze network traffic and behavior to operate enterprise networks more securely. Website http://www.mazunetworks.com Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Undisclosed Proceeds … Continue reading “Mazu Networks Inc. Receives $5,000,000 New Financing Round”
College Wiki Lands $2,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=20eddc09-fc46-40df-8adb-9ae3bb29ba4c&Preview=1 Date 3/31/2008 Company Name College Wiki Mailing Address Undisclosed Westport, CT 06880 Company Description The company operates as a Wiki dedicated to a particular college. Website Undisclosed Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor eCoast Angels Venture … Continue reading “College Wiki Lands $2,000,000 New Financing”
Alinea Pharmaceuticals Inc. Receives $2,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d4d64492-3d51-411e-a24d-9c0f2cd3152f&Preview=1 Date 3/31/2008 Company Name Alinea Pharmaceuticals Inc. Mailing Address One Memorial Drive Cambridge, MA 02142 Company Description Alinea Pharmaceuticals is a Massachusetts based Company founded in August, 2005. It is dedicated to developing and commercializing pharmaceuticals for the treatment of diabetes and related metabolic disorders. Website http://www.alineapharma.com Transaction Type Venture Equity … Continue reading “Alinea Pharmaceuticals Inc. Receives $2,000,000 New Financing Round”
Seahorse Bioscience Obtains $6,737,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b5c00fb0-895c-4450-aa9b-9e6696bfbb7b&Preview=1 Date 3/31/2008 Company Name Seahorse Bioscience Mailing Address 16 Esquire Road North Billerica, MA 01862 Company Description We design and manufacture consumable sensors and custom injection molded Labware in our Seahorse Labware facility in Massachusetts. Website http://www.seahorsebioscience.com Transaction Type Venture Equity Transaction Amount $6,737,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Seahorse Bioscience Obtains $6,737,000 New Financing Round”
Publish2, Inc. Secures $2,750,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b6f2b5ad-d3a9-4100-a24f-a152bdfbc4f0&Preview=1 Date 3/31/2008 Company Name Publish2, Inc. Mailing Address 338 Winchester St. Newton, MA 02461 Company Description Publish2 is an online news aggregation platform, designed to empower the world’s journalists to discover, organize, and rank the most important news — to benefit their own reporting, their newsrooms, and all news consumers on … Continue reading “Publish2, Inc. Secures $2,750,000 Series A Funding Round”
Oblicore, Inc. Receives New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9fcb2edb-3e23-4543-8e09-a7469a64b97b&Preview=1 Date 3/31/2008 Company Name Oblicore, Inc. Mailing Address 460 Totten Pond Road Waltham, MA 02451 Company Description Oblicore is the leading provider of Service Level Management software. Our flagship product, Oblicore Guarantee, automates, activates and accelerates the monitoring, reporting and management of all business technology service level agreements and service delivery … Continue reading “Oblicore, Inc. Receives New Funding”
Radius Health, Inc. Obtains $28,300,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e6ffffa1-53cd-454c-b10b-a8986bc91a8b&Preview=1 Date 3/31/2008 Company Name Radius Health, Inc. Mailing Address 300 Technology Square, Fifth 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 Venture Equity Transaction Amount $28,300,000 Transaction … Continue reading “Radius Health, Inc. Obtains $28,300,000 New Financing”
Smart Destinations Inc. Secures $7,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3da0d05f-2923-4250-9307-ac3b3ad70638&Preview=1 Date 3/31/2008 Company Name Smart Destinations Inc. Mailing Address 85 Merrimac Street Boston, MA 02114 Company Description Smart Destinations is the premier provider of unlimited admission attraction passes in major U.S. travel destinations. Website http://www.smartdestinations.com Transaction Type Venture Equity Transaction Amount $7,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not … Continue reading “Smart Destinations Inc. Secures $7,000,000 New Financing”
Forma Therapeutics, Inc. Garners $4,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b21c8923-72f1-4574-a91f-adf745e2c9c8&Preview=1 Date 3/31/2008 Company Name Forma Therapeutics, Inc. Mailing Address 50 Rowes Wharf, 3rd Floor Boston, MA 02110 Company Description The company develops therapeutic agents through the use of novel chemistry. Website Undisclosed Transaction Type Venture Equity Transaction Amount $4,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms … Continue reading “Forma Therapeutics, Inc. Garners $4,000,000 New Funding Round”
Spire Company Associates, Inc. Lands $1,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=11e1a70d-cdea-4d9e-a731-c217035c5456&Preview=1 Date 3/31/2008 Company Name Spire Company Associates, Inc. Mailing Address 300 Summer Street Boston, MA 02210 Company Description The company develops lifestyle websites and provides related services. Website http://www.spire.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor TL … Continue reading “Spire Company Associates, Inc. Lands $1,000,000 New Financing”
Retail Optimization Receives $500,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=02d38907-8055-494c-b536-c4c2eb8f4f13&Preview=1 Date 3/31/2008 Company Name Retail Optimization Mailing Address 139 Orange Street New Haven, CT 06510 Company Description ROI has developed a better science based solution that is used by retailers and consumer products companies to optimize the consumer shopping experience while maximizing financial performance. Website http://www.retailoptimization.com Transaction Type Venture Equity Transaction … Continue reading “Retail Optimization Receives $500,000 New Funding”
Enterprise Vista Systems, Inc. Garners $5,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5fb63f7f-2c77-42f9-8ab5-c532c4f74fda&Preview=1 Date 3/31/2008 Company Name Enterprise Vista Systems, Inc. Mailing Address 92 Hayden Ave. Lexington, MA 02421 Company Description The company develops software for virtual reality companies. Website Undisclosed Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Castile Ventures … Continue reading “Enterprise Vista Systems, Inc. Garners $5,000,000 New Financing”
Centive Receives $2,370,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2416a92c-3d05-41c8-a464-cf428cb849a0&Preview=1 Date 3/31/2008 Company Name Centive Mailing Address 900 Chelmsford Street, Cross Point – Tower 3, 7th Floor Lowell, MA 01851 Company Description Centive is a leading provider of business solutions that help companies drive performance and revenue. Centive’s Enterprise Incentive Management (EIM) and Sales Compensation Management solutions empower companies to motivate … Continue reading “Centive Receives $2,370,000 New Round”
TMS, Inc. Obtains $3,150,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4ef092c5-4273-4026-83a4-d03397378249&Preview=1 Date 3/31/2008 Company Name TMS, Inc. Mailing Address 162 Washington Street Belmont, MA 02478 Company Description The company provides non-prescribed pharmaceuticals. Website Undisclosed Transaction Type Venture Equity Transaction Amount $3,150,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Undisclosed
CaloSyn Pharma, Inc. Lands $1,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=67932b08-d721-46a5-a308-d2ef21a876f5&Preview=1 Date 3/31/2008 Company Name CaloSyn Pharma, Inc. Mailing Address 26 Firebrick Road Sharon, MA 02067 Company Description The company is developing intra-articular therapeutics for osteoarthritis. Website Undisclosed Transaction Type Venture Equity Transaction Amount $1,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor MB Venture Partners … Continue reading “CaloSyn Pharma, Inc. Lands $1,500,000 New Financing”
Pequot EnzymeRx Investment Corp. Lands $14,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8a04233c-8ed8-486d-9658-d4565ca83963&Preview=1 Date 3/31/2008 Company Name Pequot EnzymeRx Investment Corp. Mailing Address 500 Nyala Farm Road Westport, CT 06880 Company Description The company operates as a pharmaceutical company. Website Undisclosed Transaction Type Venture Equity Transaction Amount $14,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Undisclosed Venture … Continue reading “Pequot EnzymeRx Investment Corp. Lands $14,000,000 New Round”
Envista Corporation Receives $2,013,200 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ca7e92b8-b163-4ec4-9f0f-f96f02bdd304&Preview=1 Date 3/31/2008 Company Name Envista Corporation Mailing Address 900 Cummings Center Beverly, MA 01915 Company Description Envista Corporation offers an innovative, patent-pending software solution for the management of built infrastructure assets to address the need for an integrated, enterprise-wide, best-practices approach. Envista’s products were developed by experts in asset management and … Continue reading “Envista Corporation Receives $2,013,200 New Funding”
Prolify Inc. Secures $4,071,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6d5320d5-8659-4be4-96af-fa5e1a274f18&Preview=1 Date 3/31/2008 Company Name Prolify Inc. Mailing Address 275 Wyman Street Waltham, MA 02451 Company Description Prolify is the innovator of Visibility Suite, a groundbreaking software solution that gives CIOs and IT managers real-time visibility and control of non-automated IT processes and projects. Visibility Suite” allows IT executives to monitor, capture, … Continue reading “Prolify Inc. Secures $4,071,000 New Financing”
Contour Semiconductor Obtains $15,999,900 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e3ce4f0c-cbfb-41e1-afb5-fdabe8b6f0e4&Preview=1 Date 3/31/2008 Company Name Contour Semiconductor Mailing Address 101 Billerica Avenue, Building 5 North Billerica, MA 01862 Company Description Contour Semiconductor Inc. is a venture-backed company founded to produce the world’s lowest-cost, high-volume, non-volatile memory chips. Our product family will serve the growing Flash memory market. To meet the rising demand … Continue reading “Contour Semiconductor Obtains $15,999,900 New Funding Round”
FIRST Robot Finals Rock Agganis Arena
I have to admit the sight of legendary MIT engineering prof Woodie Flowers being lowered from the Agganis Arena ceiling over a sea of robots and screaming fans as the Mission Impossible theme song blared was pretty cool. That was just part of the gala kickoff of today’s Boston regional finals of the FIRST (For … Continue reading “FIRST Robot Finals Rock Agganis Arena”
Xconomy Forum: Boston Life Sciences 2028
What will the Boston life sciences landscape look like twenty years from now? Will this area remain the world’s leader in university and corporate research, venture financing, and entrepreneurial activity? Will local firms be dominating a marketplace built around personalized medicine, RNAi-based drugs, and stem-cell therapies? Will the ever-increasing competition from other states and nations … Continue reading “Xconomy Forum: Boston Life Sciences 2028”
IRobot CEO Angle Lands Role in MIT Blackjack Movie
If you’re headed out to catch 21 on its opening night, keep your eyes peeled for a real-life MIT celebrity among all the Hollywood celebs posing as MIT card counters. IRobot CEO Colin Angle—who founded the Burlington, MA-based firm with fellow MIT alum Helen Greiner and MIT professor Rod Brooks—plays Professor Hanes in the film. … Continue reading “IRobot CEO Angle Lands Role in MIT Blackjack Movie”
Ikonisys’s Automated Cell Assay System Could Open the Door to New Diagnostic Tests
Lots of the people I know who went into science and technology journalism did so after spending a year or two working in a lab. Personally, I never experienced what I hear is the tedium of running gels or refilling test tubes. But imagine you’re a lab tech doing medical diagnostics, having to sit in … Continue reading “Ikonisys’s Automated Cell Assay System Could Open the Door to New Diagnostic Tests”
Web Innovators Guru: An Interview with Venrock’s David Beisel
If you’ve been to the bimonthly Web Innovators Group meetings at the Royal Sonesta ballroom in Cambridge, you know that the menu always consists of three or four “main dish” talks by local entrepreneurs launching new Web services, along with three to five “side dish” presentations by companies who set up tables around the room. … Continue reading “Web Innovators Guru: An Interview with Venrock’s David Beisel”