Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=90269977-e6fd-49e0-b92f-3cb0956197ff&Preview=1 Date 12/31/2007 Company Name FitLinxx, Inc. Mailing Address 542 Westport Avenue, 2nd Floor Norwalk, CT 06851 Company Description FitLinxx is the endorsed industry standard and recognized global leader for providing technology that helps people reach their fitness goals. FitLinxx helps users exercise properly and stay motivated to stick with their fitness … Continue reading “FitLinxx, Inc. Obtains $300,000 New Financing Round”
Category: Boston
Aveo Pharmaceuticals, Inc. Receives $5,499,600 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5898fb58-529a-45db-883f-3d6c03c3d0cc&Preview=1 Date 12/31/2007 Company Name Aveo Pharmaceuticals, Inc. Mailing Address 75 Sidney Street Cambridge, MA 02139 Company Description AVEO is a biopharmaceutical company focused on the discovery and development of novel cancer therapeutics. AVEO is developing a pipeline of targeted therapies which address major unmet medical needs in the field of oncology. … Continue reading “Aveo Pharmaceuticals, Inc. Receives $5,499,600 New Financing”
Imprivata, Inc. Lands $12,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6991d527-a286-4671-904f-4b648eefa898&Preview=1 Date 12/31/2007 Company Name Imprivata, Inc. Mailing Address 10 Maguire Road, Building 2 Lexington, MA 02421 Company Description Imprivata develops enterprise authentication and access management solutions. Website http://www.imprivata.com Transaction Type Venture Equity Transaction Amount $12,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor General Catalyst … Continue reading “Imprivata, Inc. Lands $12,500,000 New Round”
Lumigent Technologies Inc. Lands $11,667,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d687906-0292-4f56-ae59-4bfa609b6694&Preview=1 Date 12/31/2007 Company Name Lumigent Technologies Inc. Mailing Address 289 Great Road Acton, MA 01720 Company Description Lumigent Technologies, Inc. provides software solutions to safeguard the integrity and availability of enterprise data. The company is privately held and is based in Acton, Massachusetts. Website http://www.lumigent.com Transaction Type Venture Equity Transaction Amount … Continue reading “Lumigent Technologies Inc. Lands $11,667,000 New Funding Round”
Synovex Corporation Garners $1,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4faafd85-87e7-4696-aceb-4e2e1170488d&Preview=1 Date 12/31/2007 Company Name Synovex Corporation Mailing Address 55 Cambridge Pkwy Cambridge, MA 02142 Company Description Synovex develops, discovers, and commercializes pharmaceutical products. Website Undisclosed Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor HealthCare Ventures Venture Investor MedImmune … Continue reading “Synovex Corporation Garners $1,000,000 New Financing”
Aveso, Inc. Receives $2,390,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1222e61f-c609-4d13-9c38-5f1fa4f07b03&Preview=1 Date 12/31/2007 Company Name Aveso, Inc. Mailing Address 5155 East River Road Fridley, ME 55421 Company Description Scaleable, cost-effective and robust, Aveso displays make practical the delivery of information in ultra-thin, flexible form factors, ushering in a new generation of electronic devices and enabling solutions. In its target applications, Aveso displays … Continue reading “Aveso, Inc. Receives $2,390,000 New Funding Round”
Proficiency, Inc. Garners $3,750,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4e3d0c6e-5e65-4bc1-a023-64b4865a7b26&Preview=1 Date 12/31/2007 Company Name Proficiency, Inc. Mailing Address 33 Boston Post Road West Marlborough, MA 01752 Company Description Computer-aided design firm Proficiency, which helps manufacturers and their suppliers to collaborate during the product development process Website http://www.proficiency.com Transaction Type Venture Equity Transaction Amount $3,750,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Proficiency, Inc. Garners $3,750,000 New Financing”
Intact Medical Corp. Lands $2,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e87d64c-c0e9-4b1f-8ba3-661ae63330b2&Preview=1 Date 12/31/2007 Company Name Intact Medical Corp. Mailing Address One Apple Hill Natick, MA 01760 Company Description Designs, develops and markets tissue excision systems. Website http://www.intactmedical.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor ABS Ventures Venture Investor … Continue reading “Intact Medical Corp. Lands $2,000,000 New Funding”
SemEquip Inc. Receives $1,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6d768ebe-4501-4e72-a265-67135034b381&Preview=1 Date 12/31/2007 Company Name SemEquip Inc. Mailing Address 34 Sullivan Road North Billerica, MA 01862-2000 Company Description SemEquip, Inc. is a technology leader in the development of ion implantation systems and advanced ion source materials for the manufacture of logic and memory chips. SemEquip’s technologies enable the utilization of cluster beam … Continue reading “SemEquip Inc. Receives $1,000,000 New Round”
Signiant, Inc. Secures $10,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=03436383-5ec8-4a06-8780-68811cf7ee26&Preview=1 Date 12/31/2007 Company Name Signiant, Inc. Mailing Address 10 Second Ave. Burlington, MA 01803 Company Description Signiant develops software solutions that enable enterprises to centrally manage their distributed data. Signiant Mobilize™ technology is installed in hundreds of enterprises worldwide, helping leading companies slash the costs of managing, protecting and sharing remote … Continue reading “Signiant, Inc. Secures $10,000,000 New Financing”
BioScale, Inc. Obtains $20,689,200 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7be1760f-cb21-4672-bf09-7e00017b7b42&Preview=1 Date 12/31/2007 Company Name BioScale, Inc. Mailing Address 75 Sidney Street, 3rd Floor Cambridge, MA 02139-4134 Company Description The company develops nanotechnology-focused biological technologies. Website http://www.bioscale.com Transaction Type Venture Equity Transaction Amount $20,689,200 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Blackfin Capital LLC Venture … Continue reading “BioScale, Inc. Obtains $20,689,200 New Financing”
Whaleback Systems Inc. Garners $1,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=51198874-699b-4dfd-bf27-7fe19314f236&Preview=1 Date 12/31/2007 Company Name Whaleback Systems Inc. Mailing Address 72 Pease Boulevard Portsmouth, NH 03801 Company Description Whaleback Systems is a pioneering managed service provider offering the first business phone solution built from the ground up for broadband to help Small and Medium Businesses (SMBs) reduce capital and operating costs while … Continue reading “Whaleback Systems Inc. Garners $1,500,000 New Round”
PermissionTV, Inc. Secures $3,058,100 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2f00f1e6-4c10-4185-906a-92177112379c&Preview=1 Date 12/31/2007 Company Name PermissionTV, Inc. Mailing Address 1601 Trapelo Road Waltham, MA 02451 Company Description PermissionTV is a media technology company that empowers media brands and video content owners to create one-to-one relationships with their audience. Website http://www.permissiontv.com Transaction Type Venture Equity Transaction Amount $3,058,100 Transaction Round Undisclosed Proceeds Purposes … Continue reading “PermissionTV, Inc. Secures $3,058,100 New Funding”
Tizor Receives $8,500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8c828a71-5fa4-4b49-b800-9ad0b968d9a9&Preview=1 Date 12/31/2007 Company Name Tizor Mailing Address 5 Clock Tower Place Maynard, MA 01754 Company Description In a world driven by open networks, outsourcing and the growing risks of information theft, organizations require a higher level of insight and control over user activity with mission critical applications and data. Website http://www.tizor.com … Continue reading “Tizor Receives $8,500,000 New Funding Round”
Project Amuzo Obtains $1,423,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=291c1ef8-bee6-438f-8217-9c1886d73900&Preview=1 Date 12/31/2007 Company Name Project Amuzo Mailing Address Undisclosed Waltham, MA 02451 Company Description The company operates as a social entertainment website. Website http://www.amuso.com Transaction Type Venture Equity Transaction Amount $1,423,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Atlas Venture Venture Investor Undisclosed
MyPerfectGig, Inc. Secures $6,500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f069fd55-8725-42ad-8df4-a068aad1abff&Preview=1 Date 12/31/2007 Company Name MyPerfectGig, Inc. Mailing Address 950 Winter Street Waltham, MA 02451 Company Description The company is developing an Internet search engine. Website Undisclosed Transaction Type Venture Equity Transaction Amount $6,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor North Bridge Venture Partners … Continue reading “MyPerfectGig, Inc. Secures $6,500,000 New Funding Round”
Hydra Biosciences Lands $16,983,900 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=de1688f6-3433-4e34-bdd2-a06dc163ee5c&Preview=1 Date 12/31/2007 Company Name Hydra Biosciences Mailing Address 790 Memorial Drive Cambridge, MA 02139 Company Description Hydra Biosciences is a biopharmaceutical company developing molecular regeneration medicines, novel cardiovascular therapies and drugs targeting novel ion channels. Website http://www.hydrabiosciences.com Transaction Type Venture Equity Transaction Amount $16,983,900 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Hydra Biosciences Lands $16,983,900 New Round”
E Ink Corporation Obtains $15,100,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2db93563-7f77-4007-b874-a73946a825c0&Preview=1 Date 12/31/2007 Company Name E Ink Corporation Mailing Address 733 Concord Avenue Cambridge, MA 02138 Company Description E Ink Corporation is the leading provider of electronic paper display (EPD) technologies. Products made with E Ink’s revolutionary electronic ink possess a paper-like high contrast appearance, ultra-low power consumption and a thin, light … Continue reading “E Ink Corporation Obtains $15,100,000 New Funding Round”
Everyday Wireless, Inc. Secures $3,100,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3d94a720-1165-4f44-aa47-aa8cbfb72d30&Preview=1 Date 12/31/2007 Company Name Everyday Wireless, Inc. Mailing Address 54 Baker Ave. Concord, MA 01742 Company Description Everyday Wireless is a privately held company recognized as the leading provider of GPS-based vehicle and student tracking solutions to pupil transportation marketplace. Website http://www.everydaywireless.com Transaction Type Venture Equity Transaction Amount $3,100,000 Transaction Round … Continue reading “Everyday Wireless, Inc. Secures $3,100,000 New Funding”
Affine Systems, Inc. Receives $750,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7a0b0b85-fe20-48f4-8d7b-b023928ba1f5&Preview=1 Date 12/31/2007 Company Name Affine Systems, Inc. Mailing Address 92 Hayden Avenue Lexington, MA 02421 Company Description We are a computer vision company that’s changing the way online video is viewed and sold. Our technology analyzes the visual content of videos and images — not just the metadata — to provide … Continue reading “Affine Systems, Inc. Receives $750,000 New Funding Round”
Polatis, Inc. Lands $5,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3b323518-d730-47c9-8b61-b27b00cf8cd9&Preview=1 Date 12/31/2007 Company Name Polatis, Inc. Mailing Address 5 Fortune Drive Billerica, MA 01821 Company Description Polatis has set the benchmark in ultra-low loss optical switching. Its patented direct optical beam steering technology is powering the creation of highly reliable and compact photonic switching solutions. Website http://www.polatis.com Transaction Type Venture Equity … Continue reading “Polatis, Inc. Lands $5,000,000 New Funding Round”
Mophie, Inc. Garners $265,200 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=74f7370b-b5c9-4510-9a36-b4a783eb93a3&Preview=1 Date 12/31/2007 Company Name Mophie, Inc. Mailing Address 1 Steele Street, Studio 107 Burlington, VT 05401 Company Description Designs, develops, markets and sells consumer electronic accessories. Website http://www.mophie.com Transaction Type Venture Equity Transaction Amount $265,200 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Fresh Tracks … Continue reading “Mophie, Inc. Garners $265,200 New Financing”
Stellaris Corporation Receives $1,800,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0067b2ba-a714-4375-bb92-b91ce2a2e177&Preview=1 Date 12/31/2007 Company Name Stellaris Corporation Mailing Address 16 Esquire Road North Billerica, MA 01862 Company Description Stellaris’ ClearPower™ technology reduces solar module manufacturing costs by decreasing photovoltaic material requirements, increases electrical output by reducing optical inefficiencies, minimizes maintenance cost by eliminating mechanisms that track the sun, and augments energy production … Continue reading “Stellaris Corporation Receives $1,800,000 New Round”
innoPad, Inc. Receives $2,615,100 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd125baf-7e91-44eb-873e-ba90b64c23be&Preview=1 Date 12/31/2007 Company Name innoPad, Inc. Mailing Address 6 Centennial Drive Peabody, MA 01960 Company Description innoPad delivers breakthrough improvements in productivity and consumables usage, enabling significant reductions in customer cost-of-ownership. Website http://www.innopadcmp.com Transaction Type Venture Equity Transaction Amount $2,615,100 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “innoPad, Inc. Receives $2,615,100 New Funding Round”
Active Endpoints, Inc. Secures $11,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=da8cdf6c-9f65-459c-a493-bb39e972a0b8&Preview=1 Date 12/31/2007 Company Name Active Endpoints, Inc. Mailing Address 230 2nd Avenue, 2nd Floor Waltham, MA 02451 Company Description Active Endpoints is the leading developer of Visual Orchestration Systems. VOS empowers line of business project teams to create applications using services and industry standards, making their businesses more agile and effective. … Continue reading “Active Endpoints, Inc. Secures $11,000,000 New Funding Round”
Egenera Inc. Lands $26,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=66792968-4dfa-47e8-8318-c48a25c2a624&Preview=1 Date 12/31/2007 Company Name Egenera Inc. Mailing Address 165 Forest Street Marlboro, MA 01752 Company Description Egenera is a global leader in delivering computing solutions that simplify datacenter operations and infrastructure. The Egenera BladeFrame product family simplifies the datacenter with an innovative server architecture specifically designed to reduce complexity and enable … Continue reading “Egenera Inc. Lands $26,000,000 New Financing Round”
ProteoGuard, Inc. Obtains $75,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a868f362-4f5d-4df0-b2f3-d46fdc84e350&Preview=1 Date 12/31/2007 Company Name ProteoGuard, Inc. Mailing Address Undisclosed Cambridge, MA 02142 Company Description The company provides medical-related products and services. Website Undisclosed Transaction Type Venture Equity Transaction Amount $75,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor HealthCare Ventures
Aileron Therapeutics, Inc. Obtains $10,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9abbb5c3-e03d-4ec6-a407-d4e48c16733d&Preview=1 Date 12/31/2007 Company Name Aileron Therapeutics, Inc. Mailing Address 840 Memorial Drive Cambridge, MA 02139 Company Description Aileron Therapeutics is an emerging biopharmaceutical company that is applying its proprietary cell permeable peptide technology to generate breakthrough therapeutics for the treatment of cancer and other diseases. Aileron’s technology is the first and … Continue reading “Aileron Therapeutics, Inc. Obtains $10,000,000 New Financing Round”
Arthrosurface, Inc. Garners $1,040,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80c9132d-ba8a-4836-a295-d92c2eb2ce46&Preview=1 Date 12/31/2007 Company Name Arthrosurface, Inc. Mailing Address 28 Forge Parkway Franklin, MA 02038 Company Description Arthrosurface, headquartered in Franklin, MA, develops minimally invasive joint resurfacing systems. The company’s HemiCAP™ system is a platform technology providing a surgical alternative to conventional treatment methods. Website http://www.arthrosurface.com Transaction Type Venture Equity Transaction Amount … Continue reading “Arthrosurface, Inc. Garners $1,040,000 New Financing Round”
Decision Biomarkers Inc. Garners $9,500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6710877e-fa80-4fce-a17b-dbdb3814503d&Preview=1 Date 12/31/2007 Company Name Decision Biomarkers Inc. Mailing Address 150 Bear Hill Road Waltham, MA 02451 Company Description Decision Biomarkers is a company that has developed an automated multiplex immunoassay platform and a biomarker panel assays for its lead product. Website http://www.decisionbiomarkers.com Transaction Type Venture Equity Transaction Amount $9,500,000 Transaction Round … Continue reading “Decision Biomarkers Inc. Garners $9,500,000 New Funding Round”
HealthEdge Software Inc. Secures $1,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=01df87d4-fc11-4cd4-ae8e-df6853052ddf&Preview=1 Date 12/31/2007 Company Name HealthEdge Software Inc. Mailing Address 10 Burlington Mall Road Burlington, MA 01803 Company Description HealthEdge provides health plans, TPAs, PPOs, and insurers of all sizes with unique software applications to position them for success. With patent-pending, next-generation technology, HealthEdge enables payor organizations to pursue innovative, new strategies … Continue reading “HealthEdge Software Inc. Secures $1,000,000 New Financing Round”
Way Systems, Inc. Receives $22,386,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f4c3456c-c4fb-4090-866f-e1e145e896ce&Preview=1 Date 12/31/2007 Company Name Way Systems, Inc. Mailing Address 200 Unicorn Park Woburn, MA 01801 Company Description WAY Systems was founded in 2002 with a global vision of providing the most cost effective, secure, wireless point-of-sale (POS) solution and support services to mobile merchants everywhere. Website http://www.waysystems.com Transaction Type Venture Equity … Continue reading “Way Systems, Inc. Receives $22,386,000 Series C Financing Round”
Pet Health Network Secures New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a28ba62b-7b82-475b-8020-f0da6670afb3&Preview=1 Date 12/31/2007 Company Name Pet Health Network Mailing Address 51 Baxter Boulevard Portland, ME 04101 Company Description Introducing the medical communication tools that help veterinary practices take pet owner understanding and commitment to a whole new level. Website http://www.pethealthnetwork.net Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes … Continue reading “Pet Health Network Secures New Round”
MedAptus, Inc. Lands $11,051,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a0020554-0803-4d8a-9c80-fec17728256b&Preview=1 Date 12/31/2007 Company Name MedAptus, Inc. Mailing Address 176 Federal Street, 3rd Floor Boston, MA 02110 Company Description Physician-founded MedAptus was incorporated in 1999 with the belief that in order for point-of-care technologies to make sense, they must be easy to use, deliver demonstrable financial benefits and also leverage an organization’s … Continue reading “MedAptus, Inc. Lands $11,051,000 New Funding Round”
Sciformix Corporation Garners $3,300,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ac18a04e-cfaa-4879-868c-ffa7e9ed5a8a&Preview=1 Date 12/31/2007 Company Name Sciformix Corporation Mailing Address 1500 West Park Drive Westborough, MA 01581 Company Description The company intends to become a strategic partner to global life science companies by providing high quality knowledge based services for scientific data management, regulatory compliance and risk management, with the ultimate objective of … Continue reading “Sciformix Corporation Garners $3,300,000 New Round”
The Xconomy Half-Dozen-Stories-of-the-Half-Year Awards
This is the week that everybody in the media seems to be gazing back upon 2007, but here at Xconomy, well, we’re not that into the first half of the year. No offense intended to January, February, et al—we just weren’t around yet to cover all the people, companies, and happenings that surely made those … Continue reading “The Xconomy Half-Dozen-Stories-of-the-Half-Year Awards”
Power, Drugs & Money—MIT Enterprise Forum of Cambridge Innovation Summit 2008
Clean energy. Finance. Health and medicine. With innovation in these vital sectors transforming the way people live and work around the globe, the MIT Enterprise Forum of Cambridge is zeroing in on them for its annual summit, aptly titled Power, Drugs & Money. Keynoting the day-long extravaganza is John Kao, author of Innovation Nation (Xconomy’s … Continue reading “Power, Drugs & Money—MIT Enterprise Forum of Cambridge Innovation Summit 2008”
The Burgeoning Massachusetts Biofuels Industry
What’s the promise of biofuels, and what role does Massachusetts play in this aspect of the cleantech revolution? Those are some of the big questions to be pondered in the latest chapter in the Clean Perspectives series of chats and networking events, which includes state senators Michael Morrissey and Ben Downing, along with a group … Continue reading “The Burgeoning Massachusetts Biofuels Industry”
Season’s Greetings—Xconomy’s Slowing Down for the Holidays!
Happy Holidays everyone—time for a well-deserved break! Your friends at Xconomy were going all out Friday evening, bringing you the breaking news about iRobot’s big victory in its legal battles with Robotic FX live from our watering hole at Bambara: we posted the final story from our barstools, sipping Xconomy green apple martinis and celebrating … Continue reading “Season’s Greetings—Xconomy’s Slowing Down for the Holidays!”
Glasshouse Plots for VMware IPO Sequel, Idera Partners With Merck, iRobot Inks Deal With Army, & More
Ho, ho, holy cow there were a lot of deals last week! In case you missed any on account of snow-shoveling, shopping, or hall-decking, here’s a recap: —Bristol-Myers Squibb (NYSE: [[ticker:BMY]]) agreed to sell its Billerica, MA-based medical imaging division to private equity firm Avista Capital Partners for some $525 million. —Burlington, MA’s iRobot (NASDAQ: … Continue reading “Glasshouse Plots for VMware IPO Sequel, Idera Partners With Merck, iRobot Inks Deal With Army, & More”
IRobot Declares Victory in Battle of the Bots; Could Absorb Some Robotic FX Assets as Rival Dissolves
IRobot officially declared victory in its legal battles with Robotic FX this evening, as judges in Massachusetts and Alabama signed off on settlements (which we reported earlier in the day had been reached) that put Robotic FX out of business. At its discretion, the Burlington, MA-based firm can also absorb some of its former rival’s … Continue reading “IRobot Declares Victory in Battle of the Bots; Could Absorb Some Robotic FX Assets as Rival Dissolves”
Live Gamer Aims to Civilize the Gray Market for Virtual Goods
In a now-famous June 17 New York Times article entitled “The Life of the Chinese Gold Farmer,” technology writer Julian Dibbell detailed the surreal existence of workers in China who spend twelve hours a night scrambling for treasure inside the massively multiplayer online (MMO) gaming environment World of Warcraft. The laborers collect virtual coins from … Continue reading “Live Gamer Aims to Civilize the Gray Market for Virtual Goods”
Kayak, SideStep Will Travel Together in Rare East-Buys-West Acquisition
In one of the largest venture-backed deals of the year, discount travel search site Kayak.com, based in Norwalk, CT, has raised $196 million to purchase rival SideStep of Santa Clara, CA. While the two companies’ websites will continue to operate separately, according to a press release issued today, the combined organization will control the Web’s … Continue reading “Kayak, SideStep Will Travel Together in Rare East-Buys-West Acquisition”
Big Win Looming for IRobot as it Settles Both Cases With Robotic FX
[Updated 2:45 pm—see end of story.] IRobot’s two lawsuits against Robotic FX are being settled in favor of the Burlington, MA-based plaintiff, according to filings in U.S. District Courts in Massachusetts and Alabama. Settlements filed over the last couple of hours include judgment in favor of iRobot on all counts of the Alabama suit, and … Continue reading “Big Win Looming for IRobot as it Settles Both Cases With Robotic FX”
Corrections in Webloyalty Lawsuit Story
It’s not fun making mistakes. On Wednesday, we published a story about a class-action lawsuit being brought against Webloyalty, Fandango, Priceline, and others. We’re proud of our work on the piece and, as always, tried hard to get the story straight, but yesterday evening several potential inaccuracies were brought to our attention. We investigated further … Continue reading “Corrections in Webloyalty Lawsuit Story”
Hobnox Offers Intelligent Music Videos for the “Empty V” Crowd
Many bands have hours of video documenting their performances and their touring adventures, but their options for getting this material out to fans aren’t very broad. There’s MTV on the professional end and MySpace on the popular end, and not much in between. But now Hobnox, a German company that has set up its U.S. … Continue reading “Hobnox Offers Intelligent Music Videos for the “Empty V” Crowd”
Idera Pharmaceuticals Inks Potential $400 Million-Plus Deal with Germany’s Merck
Idera Pharmaceuticals (NASDAQ:[[ticker:IDRA]]) has netted its third major deal in about as many years. This one, potentially worth upwards of $400 million to the Cambridge, MA-based biotech, is a collaboration with Germany’s Merck KGaA around cancer-fighting compounds that might boost the body’s ability to fight tumors. This type of immune-based therapy has pretty much been … Continue reading “Idera Pharmaceuticals Inks Potential $400 Million-Plus Deal with Germany’s Merck”
Akamai CEO Paul Sagan to Join EMC Board and Help With Mergers and Acquisitions
Akamai’s president and chief executive officer Paul Sagan will join the board of directors of EMC. In a statement issued this morning, Hopkinton, MA-based EMC billed Sagan’s presence as a great fit, both for the knowledge he brings about information technology in general, but also for his experience with Internet-based businesses and services—an area of … Continue reading “Akamai CEO Paul Sagan to Join EMC Board and Help With Mergers and Acquisitions”
A Big Drop in the Bucket for Drupal
Apparently, the days when a computer science graduate student can invent some cool Web software and raise a few million dollars to build a company around it are not over. Brand new (less than a month old) North Andover, MA, startup Acquia announced yesterday that it’s raised $7 million to market software and services in … Continue reading “A Big Drop in the Bucket for Drupal”
Harvard’s Brock Reeve Sizes up the Prospects for Stem Cells in 2008 and Beyond
2007 has been an outstanding year for stem cells—those much-ballyhooed cells with the ability to develop into numerous tissues in the body and ultimately, researchers hope, repair the damage in ailments such as Parkinson’s disease or spinal cord injury. Scientific papers have been flying fast and furious, but which of the year’s developments are the … Continue reading “Harvard’s Brock Reeve Sizes up the Prospects for Stem Cells in 2008 and Beyond”