The Greater Boston Innovation Map

New England’s exponential economy grows faster than Xconomy can chronicle it. But we try our best—and in our first six months of operation, we’ve published detailed profiles of more than 125 local companies and organizations across the entire gamut of commercial technologies. Altogether, we’ve trained our uniquely personal, hyperlocal lens on hundreds of people and … Continue reading “The Greater Boston Innovation Map”

Carbon Design Systems Secures $6,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2574bd57-bc65-422b-bec6-a4d24ca6f555&Preview=1 Date 1/9/2008 Company Name Carbon Design Systems Mailing Address 125 Nagog Park Acton, MA 01720 Company Description Carbon is delivering software products that enable pre-silicon system validation, where thousands of users can simultaneously develop and test software on the ‘golden’ RTL hardware implementation model. Website http://www.carbondesignsystems.com Transaction Type Venture Equity Transaction … Continue reading “Carbon Design Systems Secures $6,000,000 New Funding Round”

ArQule CEO Hill to Leave Post, Remains Mum on Next Step as Firm Hunts for Replacement

It wasn’t apparent, but when I spoke to him just before Christmas, Stephen A. Hill might have been mentally packing his suitcase. In any event, Woburn, MA-based biotech ArQule (NASDAQ:[[ticker:ARQL]]) announced today that Hill will soon be leaving his CEO position for an as-yet-undisclosed destination. Hill “can’t reveal where he’s going yet, but it will … Continue reading “ArQule CEO Hill to Leave Post, Remains Mum on Next Step as Firm Hunts for Replacement”

Genzyme Places Big Bet on Antisense RNA With Isis Deal

Back in the fall, Malorye raised the question of whether antisense RNA technology—the older, dowdier cousin of the very trendy RNAi—could possibly be hot again. Well, hang on to your pleated pants and oversized glasses because it looks like the answer is yes, as evidenced by yesterday afternoon’s announcement of a potentially ginormous strategic alliance … Continue reading “Genzyme Places Big Bet on Antisense RNA With Isis Deal”

Sirtris Anti-Aging Drug Generates Buzz, But May Already Be Old News

Cambridge, MA-based Sirtris Pharmaceuticals (NASDAQ: [[ticker:SIRT]]) generated a flurry of media coverage, and a moderate stock gain, this week after announcing the first evidence that its formulation of resveratrol, a naturally occurring anti-aging substance found in red wine, helps to control symptoms of diabetes in humans. But it’s unclear that the study results—which were not … Continue reading “Sirtris Anti-Aging Drug Generates Buzz, But May Already Be Old News”

GreatPoint Energy Tops List of Biggest Massachusetts VC Deals of 2007

Good old 2007. Whether just starting out or going public, it was a fine year for many Massachusetts technology firms. In fact, as we reported last week, a bevy of four-quarter Boston area initial public offerings helped make last year the best IPO year for venture-backed companies since 2004. Today, we’re presenting the numbers on … Continue reading “GreatPoint Energy Tops List of Biggest Massachusetts VC Deals of 2007”

IT Matters: Nicholas Carr on Utility Computing, the Dangers of Internet Culture, and the Google Brain

In 2003, Nicholas Carr, then the executive editor of Harvard Business Review, sparked an enormous debate (and enraged quite a few technology vendors) with an HBR article entitled “IT Doesn’t Matter.” Because every company now has access to the same commodity computing hardware and software, Carr asserted, big IT investments no longer confer a competitive … Continue reading “IT Matters: Nicholas Carr on Utility Computing, the Dangers of Internet Culture, and the Google Brain”

Primera Biosystems Inc. Garners $21,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5a1c0f2f-575e-414f-b5ed-369377b5f913&Preview=1 Date 1/8/2008 Company Name Primera Biosystems Inc. Mailing Address 171 Forbes Blvd Mansfield, MA 02048 Company Description Primera is developing a proprietary gene expression analysis system, “STAR” (Scalable Transcription Analysis Routine) that combines into a single system the desirable features of both real-time PCR and DNA microarray technologies. Website http://www.primerabio.com Transaction … Continue reading “Primera Biosystems Inc. Garners $21,000,000 Series B Funding”

Alnylam’s John Maraganore Anticipates More RNAi Deals and Startups in “Unparalleled” Environment for Biotech

Massachusetts became even more firmly established as the preeminent center of commercial RNAi activity last year when two more such companies were founded here—Worcester-based RXi (a spinout of CytRx) and Boston-based startup Dicerna. The study of RNAi—a natural mechanism for blocking, or silencing, genes—is a relatively young field in scientific terms. But the process is … Continue reading “Alnylam’s John Maraganore Anticipates More RNAi Deals and Startups in “Unparalleled” Environment for Biotech”

Biotech in France and the United States

The French American Chamber of Commerce sponsors a seminar on “Biotech Industry: Differences and Opportunities in France and the U.S.” Speakers will include Eric Halioua, senior manager at Arthur. D. Little; Frederic Chereau, vice president, Genzyme; Bernard Malfroy-Camine, executive VP, Proteome Systems; Ronald Renaud, CFO, Idenix Pharmaceuticals; and Al Sokol, partner, Edwards, Angell, Palmer & … Continue reading “Biotech in France and the United States”

Diamonds are for Rabbis: Ice.com and Its Founders Heat Up with $47 Million From Polaris and Ignition

I rounded the wrong way when I got Shmuel Gniwisch on the phone, referring to the $46.6 million financing round his online jewelry retail company—Ice.com—had just closed as $46 million. “It’s $47 million,” the Ice CEO corrected. Then there was a pause. “That’s 47 parties.” He was joking, of course—breaking the ice, you might say. … Continue reading “Diamonds are for Rabbis: Ice.com and Its Founders Heat Up with $47 Million From Polaris and Ignition”

Zink Debuts Inkless Printing at CES—The Technology That Might Have Saved Polaroid

What if printers became so small that you could attach one to the back of a television, a video game console, a camera, a digital photo frame, or even a cell phone? And what if these tiny printers never required ink—just tiny little packs of paper? You’d have the makings of a rebirth in instant-print … Continue reading “Zink Debuts Inkless Printing at CES—The Technology That Might Have Saved Polaroid”

Boston-Power Banks Big Bucks, Follica Sprouts From Stem-Cell Science, NetApp Nabs Onaro, & More

The new year got off to a good start last week for Boston-area tech firms. Even with the abbreviated work week there were plenty of deals for us to discuss. —Needham, MA’s HiWired announced it has raised $9 million in a Series B financing led by North Hill Ventures and joined by Sigma Partners and … Continue reading “Boston-Power Banks Big Bucks, Follica Sprouts From Stem-Cell Science, NetApp Nabs Onaro, & More”

frevvo LLC Receives $500,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=48e0dd70-e5a7-44ea-977b-5181f932d97c&Preview=1 Date 1/7/2008 Company Name frevvo LLC Mailing Address 82 Anderson Rd Wallingford, CT 06492 Company Description frevvo’s Live Forms Designer leverages Ajax technologies to easily create rich, dynamic, Web 2.0 forms using just a browser. These forms work with real business applications and provide a rich user experience far beyond typical … Continue reading “frevvo LLC Receives $500,000 New Round”

One Laptop Foundation Blasts Intel, Says World’s Children are Mission, Not Market

Apparently, the global village ain’t big enough for both Intel and Nicholas Negroponte. The giant chipmaker said Thursday it had pulled out of Negroponte’s Cambridge-based One Laptop Per Child Foundation (OLPC), which is building a sub-$200 laptop for use by children in developing countries. Intel, with its $300-ish Classmate notebook computer, has its eye on … Continue reading “One Laptop Foundation Blasts Intel, Says World’s Children are Mission, Not Market”

Spark Capital Puts $5 Mil into 5min

“How-to” is one of the hottest sub-genres in Internet video, with several startups such as Austin, TX-based Expert Village, Barcelona’s Sclipo, and Los Angeles-based Videojug springing up specifically to serve the do-it-yourself crowd. But when the guys at Boston’s Spark Capital decided to invest in a how-to video company, they wound up going all the … Continue reading “Spark Capital Puts $5 Mil into 5min”

Gone Today, Hair Tomorrow—Follica Raises Funds to Begin Human Trial of Baldness Treatment

Call it a hair-raising event. Follica, a Boston startup out to develop novel ways of treating and even curing baldness and other hair-follicle disorders, today announced it had completed a $5.5 million Series A financing round. The round was led by Interwest Partners of Dallas and Menlo Park, CA, and joined by founding investor PureTech … Continue reading “Gone Today, Hair Tomorrow—Follica Raises Funds to Begin Human Trial of Baldness Treatment”

The Telephone Gambit: Did Bell Steal His Legendary Invention? (Part Two)

Editor’s note: This marks the second and final installment of a unique profile—a detective story, really—of a Boston-area entrepreneur and his famous invention. The story was excerpted from Xconomy contributing writer Seth Shulman’s The Telephone Gambit: Chasing Alexander Graham Bell’s Secret (W. W. Norton 2008), which will be officially released on Monday. The first installment … Continue reading “The Telephone Gambit: Did Bell Steal His Legendary Invention? (Part Two)”

Follica Inc. Garners $5,500,000 Series A Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=de681d7d-1b40-4c96-924a-68d8ada5767e&Preview=1 Date 1/4/2008 Company Name Follica Inc. Mailing Address 222 Berkeley Street Boston, MA 02116 Company Description Follica Inc., a privately held medical device company, was co-founded by PureTech Ventures and a group of world renowned experts in hair follicle biology and medicine. In addition to hair loss, Follica has intellectual property … Continue reading “Follica Inc. Garners $5,500,000 Series A Financing Round”

After Missing Key Milestones, N2N Calls it the End; E-Commerce Startup Had Raised $30 Million

N2N Commerce, a Cambridge, MA-based e-commerce company that raised $30 million from General Catalyst Partners and Limited Brands (from which it spun off), laid off essentially all its staff just before Christmas and is ceasing operations, says a source close to the company, confirming a report yesterday in TechCrunch. The source also says the 18-month-old … Continue reading “After Missing Key Milestones, N2N Calls it the End; E-Commerce Startup Had Raised $30 Million”

Boston-Power Recharges with Big Investment for Safer, Longer-lasting Lithium-Ion Batteries

As many of our readers know, the X in Xconomy stands for “exponential,” referring to the rapid rate at which technologies such as semiconductors and genomics evolve and in turn transform our economy and our daily lives. Unfortunately, the batteries in the information devices we carry everywhere these days aren’t one of those exponential technologies. … Continue reading “Boston-Power Recharges with Big Investment for Safer, Longer-lasting Lithium-Ion Batteries”

Obesity Startup Gelesis Gobbles Up $16M in Financing

Gelesis, a Boston-based biotech startup focusing on obesity, announced this morning that it has raised $16 million in its first institutional financing. The round was led by healthcare investment giant OrbiMed Advisors of New York and joined by Australia’s Queensland BioCapital Funds and others. It comes on top of a $900,000 seed investment from PureTech … Continue reading “Obesity Startup Gelesis Gobbles Up $16M in Financing”

The Telephone Gambit: Did Bell Steal His Legendary Invention?

Editor’s note: Just about everyone knows the story of Alexander Graham Bell and his invention of the telephone—and those famous words uttered in the inventor’s Boston workshop to his assistant, Thomas Watson. But what if the whole history of the telephone was rooted in a lie? A few years ago, when I walked into the … Continue reading “The Telephone Gambit: Did Bell Steal His Legendary Invention?”

Gelesis, Inc. Receives $16,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=503ee5fa-ccde-481d-88a2-4c402cf9340e&Preview=1 Date 1/3/2008 Company Name Gelesis, Inc. Mailing Address 222 Berkeley St Boston, MA 02116 Company Description Gelesis is a Research and Development company for the treatment of obesity. Website Undisclosed Transaction Type Venture Equity Transaction Amount $16,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “Gelesis, Inc. Receives $16,000,000 Series A Funding Round”

Boston-Power, Inc. Lands $45,000,000 Series C Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=280c6206-cc90-4a60-aded-6434c81d8a36&Preview=1 Date 1/3/2008 Company Name Boston-Power, Inc. Mailing Address 2200 West Park Drive Westborough, MA 01581 Company Description Boston-Power, Inc. ™ is an emerging portable power company answering the call for safer, longer lasting Lithium-ion batteries – today. Website http://www.boston-power.com Transaction Type Venture Equity Transaction Amount $45,000,000 Transaction Round Series C Proceeds … Continue reading “Boston-Power, Inc. Lands $45,000,000 Series C Round”

PeerApp Receives $3,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=47cacd91-7fd0-4cee-b866-8cd253c822a7&Preview=1 Date 1/3/2008 Company Name PeerApp Mailing Address 375 Elliot Street Newton Upper Falls, MA 02464 Company Description PeerApp is a leading supplier of peer-to-peer infrastructure solutions for Internet service providers. PeerApp solutions reduce Peer-to-Peer (P2P) related bandwidth costs without impacting subscriber experience; support service provider network/subscriber growth and enable new revenue-generating … Continue reading “PeerApp Receives $3,000,000 New Financing”

Tempo Pharmaceuticals Garners $8,000,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=95c37f3a-5181-4387-a0d7-ffb8d3044d6e&Preview=1 Date 1/3/2008 Company Name Tempo Pharmaceuticals Mailing Address 161 First Street Cambridge, MA 02142 Company Description Tempo Pharmaceuticals is a private biopharmaceutical company focused on the development of novel, nanotechnology-based therapeutics in the areas of oncology, autoimmune and inflammatory diseases. The Company has assembled a world-class management team, board of directors … Continue reading “Tempo Pharmaceuticals Garners $8,000,000 Series B Financing”

Network Appliance Inc. Acquires Onaro for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=81206330-0ad5-4583-9cfa-56c25ac8faee&Preview=1 Date 1/3/2008 Company Name Onaro Mailing Address 500 Harrison Ave Boston, MA 02118 Company Description While datacenter automation has already brought significant benefits to server and network management, it has largely bypassed networked storage. Networked storage can no longer be bypassed by datacenter automation. Onaro enables corporations to successfully extend datacenter … Continue reading “Network Appliance Inc. Acquires Onaro for Undisclosed Sum”

Venture-Backed IPOs Soared in 2007; Boston Led the Way in Fourth Quarter

A wave of initial public offerings in the fourth quarter of 2007—led by companies in Boston and San Jose—helped make last year the best IPO year for venture-backed firms since 2004, according to a report released today by Thomson Financial and the National Venture Capital Association. The fourth quarter saw 31 venture-backed IPOs (totaling $3 … Continue reading “Venture-Backed IPOs Soared in 2007; Boston Led the Way in Fourth Quarter”

High Financing for HiWired

HiWired, a Needham, MA-based provider of IT support and services for consumers and small businesses, announced today that it has received $9 million in a Series B financing. The round was led by North Hill Ventures and includes Series A investors Sigma Partners and Kodiak Venture Partners. HiWired was founded in 2004 by Singu Srinivas … Continue reading “High Financing for HiWired”

InCytu’s Betting that On-the-Spot Body Repair Will Succeed Where Traditional Tissue Engineering Has Not

With its aim of growing replacements for injured or ailing body parts, tissue engineering is a field that at first seemed spectacularly promising. (Anyone remember the mouse with a human ear growing on its back?) But it has ended up being a bit of a boondoggle. Although researchers have made important scientific advances in areas … Continue reading “InCytu’s Betting that On-the-Spot Body Repair Will Succeed Where Traditional Tissue Engineering Has Not”

EMC, Cubist, and Others Do Some Last-Minute Shopping, Dyax Readies for an Offering, Millennium Sees a Payday, and More

It’s been relatively quiet since last we rounded up (on Christmas Eve), but a few local tech companies managed to ink a deal or two—mainly acquisitions—in the waning hours of 2007. —Dyax (NASDAQ: [[ticker:DYAX]]) filed a shelf registration statement that, when declared effective by the SEC, will give the Cambridge, MA-based biotech the ability to … Continue reading “EMC, Cubist, and Others Do Some Last-Minute Shopping, Dyax Readies for an Offering, Millennium Sees a Payday, and More”

You Get What You Celebrate

People think we have an education crisis, and that fixing some or all of the elements of “supply”—more teachers, more computers, more books, more standards, more tests, etc.— will solve the problem. My view is that we don’t have an education crisis, and we don’t have a supply crisis—we have a “demand” crisis. We need … Continue reading “You Get What You Celebrate”

HiWired Obtains $9,000,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ade94954-4663-40f5-be13-fcee15961116&Preview=1 Date 1/2/2008 Company Name HiWired Mailing Address 117 Kendrick Street Needham, MA 02494 Company Description HiWired partners with electronics manufacturers, retailers and Internet providers to offer remote technology management services to consumers and small businesses. Website http://www.hiwired.com Transaction Type Venture Equity Transaction Amount $9,000,000 Transaction Round Series B Proceeds Purposes HiWired … Continue reading “HiWired Obtains $9,000,000 Series B Funding Round”

Friendent, Inc. Secures $50,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=370a5faa-7018-42f4-9a6a-03facda2ea05&Preview=1 Date 12/31/2007 Company Name Friendent, Inc. Mailing Address 832 Quinnipiac Avenue New Haven, CT 06513 Company Description The company provides an Internet-related service. Website http://www.friendent.com Transaction Type Venture Equity Transaction Amount $50,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor First Round Capital Venture Investor … Continue reading “Friendent, Inc. Secures $50,000 New Financing Round”

Q1 Labs, Inc. Lands $9,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=de3db233-0aea-416e-a6a6-0f028e45df7a&Preview=1 Date 12/31/2007 Company Name Q1 Labs, Inc. Mailing Address 890 Winter Street Waltham, MA 02451 Company Description Q1 Labs is a network security management company. Website http://www.q1labs.com Transaction Type Venture Equity Transaction Amount $9,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Menlo Ventures Venture … Continue reading “Q1 Labs, Inc. Lands $9,000,000 New Round”

Adesso Systems Garners $1,063,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f221d3e5-7737-42ef-9fc7-125a700a7908&Preview=1 Date 12/31/2007 Company Name Adesso Systems Mailing Address One Liberty Square Boston, MA 02109 Company Description The company develops software solutions that enable people to organize information. Website http://www.adessosystems.com Transaction Type Venture Equity Transaction Amount $1,063,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Carlyle … Continue reading “Adesso Systems Garners $1,063,000 New Funding”

RuleStream Corporation Receives $514,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6c8ec8c2-173c-40eb-9752-14d02e4eb076&Preview=1 Date 12/31/2007 Company Name RuleStream Corporation Mailing Address 301 Edgewater Place Wakefield, MA 01880 Company Description RuleStream’s enterprise software for knowledge capture and reuse allows manufacturers to accelerate product planning, design and production by more effectively aggregating and managing their Intellectual Property (IP) assets. RuleStream’s solutions help manufacturers engaged in Fabrication … Continue reading “RuleStream Corporation Receives $514,000 New Round”

InfraReDx, Inc. Secures $15,600,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d9155bdd-dd03-4f5c-a3ed-196ef2f11116&Preview=1 Date 12/31/2007 Company Name InfraReDx, Inc. Mailing Address 34 Third Avenue Burlington, MA 01803 Company Description The company has now developed a fiber-optic, catheter-based, near infrared (NIR) spectroscopy system designed to characterize the composition of coronary plaques in patients undergoing catheterization. This NIR system is currently being evaluated in a clinical … Continue reading “InfraReDx, Inc. Secures $15,600,000 New Funding Round”

Anexon, Inc. Lands $500,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=09bdb708-b6e3-4735-8d16-1bcb368d42c6&Preview=1 Date 12/31/2007 Company Name Anexon, Inc. Mailing Address Undisclosed Cambridge, MA 02142 Company Description The company develops therapeutics for cardiovascular disease. Website Undisclosed Transaction Type Venture Equity Transaction Amount $500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor HealthCare Ventures Venture Investor Undisclosed

Virtual Goods Market, Inc. Obtains $2,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c243c851-ed9d-499e-a372-1f445f06bd9e&Preview=1 Date 12/31/2007 Company Name Virtual Goods Market, Inc. Mailing Address 13 Magazine Steet Cambridge, MA 02139 Company Description The company designs and sells virtual goods online. 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 North Bridge … Continue reading “Virtual Goods Market, Inc. Obtains $2,000,000 New Round”

Keisense, Inc. Receives $500,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=091c0eac-7038-45a8-a7a9-226e1f8ec8e7&Preview=1 Date 12/31/2007 Company Name Keisense, Inc. Mailing Address 151 New Park Avenue Hartford, CT 01603 Company Description Keisense is a technology company, working at the forefront of user interface and data entry technologies for consumer electronic devices. Website http://www.keisense.com Transaction Type Venture Equity Transaction Amount $500,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Keisense, Inc. Receives $500,000 New Financing”

CitySquares Online, Inc. Receives $450,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0358bf88-4f90-4e35-8254-23b2332aa1ec&Preview=1 Date 12/31/2007 Company Name CitySquares Online, Inc. Mailing Address 580 Harrison Ave, 4th Floor Boston, MA 02118 Company Description We are most certainly, first and foremost, and undoubtedly about local businesses and local communities. We’re about your neighborhood, and where you get your hair cut, meet your friends for coffee, have … Continue reading “CitySquares Online, Inc. Receives $450,000 New Funding”

Dynogen Pharmaceuticals, Inc. Obtains $3,999,900 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0e75600f-61b9-4378-98d4-2400bd66e838&Preview=1 Date 12/31/2007 Company Name Dynogen Pharmaceuticals, Inc. Mailing Address 52 Second Avenue Waltham, MA 02451 Company Description Dynogen Pharmaceuticals, Inc., is a neuroscience-based drug discovery and development company targeting first-in-class and best-in-class therapies for genitourinary and gastrointestinal disorders. Website http://www.dynogenpharma.com Transaction Type Venture Equity Transaction Amount $3,999,900 Transaction Round Undisclosed Proceeds … Continue reading “Dynogen Pharmaceuticals, Inc. Obtains $3,999,900 New Round”

Hydrocision Secures New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=52d2b970-0e56-45c6-83b8-2e5ffcc58b45&Preview=1 Date 12/31/2007 Company Name Hydrocision Mailing Address 267 Boston Road North Billerica, MA 01862 Company Description HydroCision is the leading developer, manufacturer, and marketer of fluid-jet based surgical tools for the spine market. Incorporated in 1994, HydroCision s proprietary fluidjet technology is the basis of a new surgical modality leveraging compelling … Continue reading “Hydrocision Secures New Financing Round”

OmniSonics Medical Technologies Obtains $10,021,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5a369d81-d567-499c-8e01-39724a9879c9&Preview=1 Date 12/31/2007 Company Name OmniSonics Medical Technologies Mailing Address 66 Concord Street Wilmington, MA 01887 Company Description OmniSonics Medical Technologies, Inc. is a privately held medical device company focused on bringing breakthrough products for vascular occlusive disease to market Website http://www.omnisonics.com Transaction Type Venture Equity Transaction Amount $10,021,000 Transaction Round Undisclosed … Continue reading “OmniSonics Medical Technologies Obtains $10,021,000 New Funding Round”

Zafgen, Inc. Obtains $21,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9cfca319-e4e8-4c8f-b7ce-3af85652b7c1&Preview=1 Date 12/31/2007 Company Name Zafgen, Inc. Mailing Address 29 Newbury Street Boston, MA 02116 Company Description The company is developing novel therapeutics for the treatment of obesity. Website http://www.zafgen.com Transaction Type Venture Equity Transaction Amount $21,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Atlas … Continue reading “Zafgen, Inc. Obtains $21,000,000 New Funding Round”