Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7c190720-17d1-474e-9495-b4dcb30cd9a4 Date 8/19/2016 Company Name NextHealth Technologies Mailing Address 1675 Larimer St. Denver, CO 80202 USA Company Description NextHealth Technologies (NHT), based in Denver, is a prescriptive analytics and consumer engagement company that measurably reduces medical costs. NextHealth’s SaaS platform integrates prescriptive analytics, behavioral economics and multichannel consumer engagement. Website http://www.nexthealthtechnologies.com Transaction … Continue reading “NextHealth Technologies Secures $8,500,000 Series A Financing”
Category: Boulder/Denver
Pharma’s Productivity Problem: Finding More Blockbuster Drugs
A recent Wall Street Journal article that raised the possibility of Biogen as the target of another huge pharma buyout cited the lack of productivity as a major driver of M&A in the pharmaceutical industry. The authors made the point that, given the size of companies today, a single garden-variety blockbuster hardly moves the needle. … Continue reading “Pharma’s Productivity Problem: Finding More Blockbuster Drugs”
Ayar Labs Gets $2.5M to Go After Optical Chips for Data Centers
This startup sits at the intersection of electronics, optics, energy efficiency, and the Internet. It is where more than a decade of academic research meets a multibillion-dollar market. This is the story of Ayar Labs. The San Francisco startup, which has roots in Cambridge, MA, and Boulder, CO, is trying to solve a fundamental problem … Continue reading “Ayar Labs Gets $2.5M to Go After Optical Chips for Data Centers”
Techstars Alum AirFox Adds to Boston’s Sponsored Data Cluster
Silicon Valley rules most areas of high tech in the U.S., but Boston can make a case that it’s the epicenter of the emerging “sponsored data” sector, with a handful of startups powering services that give smartphone users free Internet access if they interact with ads or use a sponsor’s app or website. Three Boston-area … Continue reading “Techstars Alum AirFox Adds to Boston’s Sponsored Data Cluster”
Galvanize Secures $45,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8d08a3eb-d0df-44a6-98c3-8e7a95aa138f Date 8/16/2016 Company Name Galvanize Mailing Address 1062 Delaware Street Denver, CO 80204 USA Company Description Galvanize is where you can become a developer, data scientist, data engineer, or build your tech startup. Website http://www.galvanize.com Transaction Type Venture Equity Transaction Amount $45,000,000 Transaction Round Series B Proceeds Purposes The funding will … Continue reading “Galvanize Secures $45,000,000 Series B Funding”
Bio Roundup: Precision Med and Google, Heron, Lilly, Sarepta & More
The wait continues. An FDA ruling on a Duchenne muscular dystrophy drug from Sarepta Therapeutics—which could be the first ever approved for the disease—has been imminent for a while now, yet Labor Day is fast approaching and still the saga drags on. Speculation abounds, from analysts and pundits, each giving different opinions as to whether … Continue reading “Bio Roundup: Precision Med and Google, Heron, Lilly, Sarepta & More”
Productivity in Your Pocket
The app that you use is the one in your pocket. Today, larger mobile screens and touch interfaces are allowing people to do real work—not just e-mail—with the computer they have, wherever they are. It started with the Blackberry in the early 2000s. Like a dream, or a nightmare, e-mail—which is still the go-to work … Continue reading “Productivity in Your Pocket”
As U.S. Looks to Launch Precision Health Study, Google’s Role Emerges
The U.S. government has ambitious plans for a long-term health study with one million Americans, and one of the world’s most powerful tech companies has a big part to play, including the storage of all the data on its “cloud” servers. Google’s parent company Alphabet (NASDAQ: [[ticker:GOOG]]) and its wholly owned biotech R&D group, Verily … Continue reading “As U.S. Looks to Launch Precision Health Study, Google’s Role Emerges”
FullContact Secures $25,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e5a033a-89f5-48c1-9076-658ac04d1b96 Date 8/11/2016 Company Name FullContact Mailing Address 1755 Blake Street Denver, CO 80202 USA Company Description Keep all your contacts in one place and automatically up-to-date with the FullContact Address Book. Website http://www.fullcontact.com Transaction Type Venture Equity Transaction Amount $25,000,000 Transaction Round Undisclosed Proceeds Purposes This capital helps us achieve our … Continue reading “FullContact Secures $25,000,000 New Financing”
JumpCloud Garners $4,250,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a5dc9931-9644-4b2b-b84c-efe2e9e5b272 Date 8/11/2016 Company Name JumpCloud Mailing Address 2040 14th St. Boulder, CO 80302 USA Company Description DevOps is transforming the IT landscape. With key drivers such as cloud/virtualization, software-defined networking, and Agile, DevOps is a methodology that integrates cross-functional teams to deliver higher quality, more efficient, and innovative software and applications. … Continue reading “JumpCloud Garners $4,250,000 New Funding Round”
How Will Apple Innovate Beyond the iPhone 7? With Next-Gen Siri
Apple’s iPhone 7 is due out next month. According to the Wall Street Journal, PFWTMs (“people familiar with the matter”) say the new device will look pretty much the same as the iPhone 6s. The biggest change: no more headphone plug. Customers who want to listen to music or podcasts on their iPhones will need … Continue reading “How Will Apple Innovate Beyond the iPhone 7? With Next-Gen Siri”
Baker Secures $1,600,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b51cbb35-38f8-4d9b-842b-ffb2d9e5617b Date 8/8/2016 Company Name Baker Mailing Address 1644 Platte Street Denver, CO 80202 USA Company Description Baker provides a unique cannabis buying experience from the best dispensaries around. Using the Baker mobile app, regular cannabis customers get access to Baker-only discounts, can order ahead and skip the line, and earn free … Continue reading “Baker Secures $1,600,000 Seed Funding Round”
Biotech Roundup: Biogen Rumors, Theranos, Electro-Drugs & More
Biogen was once again all over the biotech newswire this week. First came a positive surprise; data that could set the stage for the first-ever drug approved for spinal muscular atrophy, a rare and debilitating muscle disease. Then came the rumor mill: Companies may or may not be approaching Biogen about a sale, and Biogen … Continue reading “Biotech Roundup: Biogen Rumors, Theranos, Electro-Drugs & More”
Why Teenagers Make Great Entrepreneurs
What is the ideal age to start a company? It’s a question that often circulates in the business press and on tech blogs. Entrepreneurs and venture capitalists have weighed in from time to time and their answers tend to fall into two camps. The first group advocates for the 20s as the optimal time. That’s … Continue reading “Why Teenagers Make Great Entrepreneurs”
FanDuel, DraftKings Return to NY as Fantasy Sports Laws Proliferate
The future of the online daily fantasy sports industry seemed in jeopardy toward the end of last year, after an insider trading-like scandal prompted intense scrutiny and triggered efforts nationwide to regulate or even shut down the companies in some states, like New York. What a difference a few months make. New York Gov. Andrew … Continue reading “FanDuel, DraftKings Return to NY as Fantasy Sports Laws Proliferate”
Foundry Group, Autodesk Lead $35M Deal With Formlabs in 3D Printing
Here’s the classic life cycle of an emerging technology: a big hype curve, a trough of disillusionment, and then slow but steady adoption. 3D printing looks to be right on schedule. Now, one of the leading startups in the sector is solidifying its position for the long haul. Formlabs, based in Somerville, MA, said today … Continue reading “Foundry Group, Autodesk Lead $35M Deal With Formlabs in 3D Printing”
Parkifi Obtains $2,000,003 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=defd690f-a850-4ccd-a146-c18fb86209b4 Date 8/4/2016 Company Name Parkifi Mailing Address 1321 15th Street Denver, CO 80202 USA Company Description Parkifi is making parking less of a hassle with our real time parking occupancy platform. Utilizing our sensor technology we provide real time data to parking lot operators, cities, and mobile applications to let them … Continue reading “Parkifi Obtains $2,000,003 New Financing”
Pawn Shops Finally Go Digital, Helping Underbanked Find Quick Cash
In May and June, the financial industries that serve low-income Americans began to change in big ways. First, the Consumer Financial Protection Bureau proposed new rules for payday lenders. The first banned lenders from withdrawing money directly from their customers’ bank accounts, while the second restricted their ability to lend by imposing credit limits. Then … Continue reading “Pawn Shops Finally Go Digital, Helping Underbanked Find Quick Cash”
Red Canary Lands $6,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c70676cf-5ba9-4ada-b414-a3e42139753f Date 8/3/2016 Company Name Red Canary Mailing Address 1750 15th Street Denver, CO 80127 USA Company Description Red Canary was founded to bring world-class endpoint threat detection and response to every business. We were using the Carbon Black endpoint data recorder for incident response. We realized that the data used for … Continue reading “Red Canary Lands $6,000,000 Series A Financing Round”
Look Beyond Football to Fight Concussions
The New York Times reported last week that the NFL and USA Football had publicized inaccurate statistics about the efficacy of a training program called Heads Up Football in preventing concussions in youth football players. Officials at USA Football had to concede that they did not review the data from the study carefully and did not … Continue reading “Look Beyond Football to Fight Concussions”
Red Canary Obtains $6,168,742 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f19da96f-503c-40b5-9df7-d12bad3b4247 Date 8/2/2016 Company Name Red Canary Mailing Address 1750 15th Street Denver, CO 80127 USA Company Description Red Canary was founded to bring world-class endpoint threat detection and response to every business. We were using the Carbon Black endpoint data recorder for incident response. We realized that the data used for … Continue reading “Red Canary Obtains $6,168,742 New Funding Round”
Glowforge Raises $22M to Grow Laser Cutter Business
Glowforge, the Seattle company that raked in $27.9 million in pre-orders for its consumer-grade laser cutter and engraver, has raised $22 million in venture capital. The Series B investment, announced Monday, was led by Foundry Group and True Ventures, co-leaders of the company’s $9 million Series A funding round in May 2015. Glowforge is taking … Continue reading “Glowforge Raises $22M to Grow Laser Cutter Business”
Gaining an Edge: Understanding Cyber Risk Appetite
Not long ago, companies prepared for cyber risks the way they might for a hurricane, flood, or other disaster situation: Brace for the worst, and hope for the best. Those days are over. Security breaches across industries have put cyber squarely on everybody’s risk agenda. But while they’re taking cyber threats seriously, many companies are … Continue reading “Gaining an Edge: Understanding Cyber Risk Appetite”
The Future of Human-Robot Interaction
How will humans and machines work together in the future? Will social robots be nothing more than robotic digital assistants like those on smartphones, or are there new opportunities and challenges when we put an AI brain into a robotic body? What are the risks and ethics around AI systems? Those were some of the … Continue reading “The Future of Human-Robot Interaction”
Biotech Roundup: Gilead Slump, Celgene Goes Trump, Hemo Data & More
Quarterly biopharma earnings added a little heat to the already high summer temperatures. Amongst several companies to report this week, the biggest news came from Gilead Sciences (NASDAQ: [[ticker:GILD]]), whose hepatitis C drugs have become some of the top revenue producers in the industry. But the company said this week that sales of Sovaldi and … Continue reading “Biotech Roundup: Gilead Slump, Celgene Goes Trump, Hemo Data & More”
At Big Hemophilia Meeting, More Data, and Promise, For Gene Therapy
This week’s World Federation of Hemophilia World Congress in Orlando, FL, where researchers gathered to present the latest updates in treatments for the chronic bleeding disorder, marked the latest step in a journey that dates back more than two decades for one particular treatment: gene therapy. Gene therapy provides the potential of a long-term treatment … Continue reading “At Big Hemophilia Meeting, More Data, and Promise, For Gene Therapy”
Biodesix Secures $6,114,729 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1fb67ffd-67a4-4921-91a7-773b6ef596fc Date 7/28/2016 Company Name Biodesix Mailing Address 2970 Wilderness Place Boulder, CO 80301 USA Company Description Biodesix makes blood-based diagnostic tests that help guide treatment of patients with advanced cancer. Our test results are available within 72 hours. Website http://www.biodesix.com Transaction Type Venture Equity Transaction Amount $6,114,729 Transaction Round Undisclosed Proceeds … Continue reading “Biodesix Secures $6,114,729 New Funding Round”
How Richard Branson and Snoop Dogg Use Social Media Vs. Social Unrest
Last month, I spent a week on Necker Island, where Richard Branson and a bunch of entrepreneurs were discussing how we could help address political upheavals, intolerance, violence, social inequality, and other issues. It’s almost like we’re in a war right now. Nations are split in half. On one side you have citizens who want … Continue reading “How Richard Branson and Snoop Dogg Use Social Media Vs. Social Unrest”
Clinton Versus Trump: Who’s Stronger on Innovation?
With the Republican National Convention behind us and the Democratic convention in full swing, it seems like a good moment to ask how a Donald Trump presidency or a Hillary Clinton presidency might affect the prospects for high-tech entrepreneurship and business growth in the United States. At this stage, both candidates have given major economic … Continue reading “Clinton Versus Trump: Who’s Stronger on Innovation?”
The Outbreaks Are Here, Where’s Our Response Plan?
The news of the first Zika case in Pierce County—the 14th in Washington State—reminds us that the spread of disease is inevitable. While we don’t have in our region the kind of mosquito that transmits Zika, the latest infected patient returned from a visit to Puerto Rico. Thanks to modern travel, whether by mosquitoes or … Continue reading “The Outbreaks Are Here, Where’s Our Response Plan?”
TerraLUX Receives $3,108,259 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=abc3968f-2f6a-40fb-be67-b0b439f0418e Date 7/23/2016 Company Name TerraLUX Mailing Address 1830 Lefthand Circle Longmont, CO 80501 USA Company Description TerraLUX, Inc. designs, patents, manufactures, and distributes LED-based lighting solutions for a variety of markets and applications including Portable, Medical, Industrial, and General Illumination. Website http://www.terraluxcorp.com Transaction Type Debt Transaction Amount $3,108,259 Transaction Round Undisclosed … Continue reading “TerraLUX Receives $3,108,259 New Round”
The Real Cracks in the Foundation of Ransomware
The rise of ransomware has been striking over the past two years, rapidly dominating headlines with its frequency, its wide range of victims, and its profitability. So when news hit that two of the largest and most notorious delivery systems for ransomware — the Necurs botnet and the Angler exploit kit — had gone dark, … Continue reading “The Real Cracks in the Foundation of Ransomware”
Biotech Roundup: Scangos’s Exit, Zafgen’s Shakeup, Jounce, Relypsa & More
The top news in biotech this week centers around one big job opening: the head seat at Biogen, now that George Scangos has announced plans to leave the company. Who takes the gig, and the strategic direction he or she chooses for Biogen will have implications not just for the company and its employees, but … Continue reading “Biotech Roundup: Scangos’s Exit, Zafgen’s Shakeup, Jounce, Relypsa & More”
section.io Obtains $1,500,000 Seed Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=79b68d94-3ea4-4b71-91b2-685af6fc3eb9 Date 7/22/2016 Company Name section.io Mailing Address 1445 Pearl St. Boulder, CO 80304 USA Company Description We have built and hosted large mission critical websites. We have helped accelerate websites and provided additional capacity to push through major traffic events. We have tested tried and broken many of the technologies available … Continue reading “section.io Obtains $1,500,000 Seed Financing Round”
Kindara Garners $550,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2f56cd40-3756-4d10-abfa-b63dac0f22ab Date 7/22/2016 Company Name Kindara Mailing Address 2560 28th St. Boulder, CO 80301 USA Company Description To give women and men the tools, knowledge and power to navigate their fertility with clarity and confidence. Website http://www.kindara.com Transaction Type Venture Equity Transaction Amount $550,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Kindara Garners $550,000 New Financing Round”
App Developer Bluebridge Spins Out Emplify for Employee Engagement
As mobile app developer Bluebridge grew from a three-person shop to a staff of three dozen, CEO Santiago Jaramillo discovered there’s more to business success than satisfied customers: employee engagement also matters. So last summer, a group of his best and brightest started brainstorming ways to improve the worker experience at Fishers, IN-based Bluebridge. They … Continue reading “App Developer Bluebridge Spins Out Emplify for Employee Engagement”
Is the Future of Cybersecurity in M&A?
Last month Symantec announced its plans to buy Blue Coat for $4.7 billion. Has the consolidation—and creation of this enterprise security giant—put immense pressure on other industry players? In an ideal world, and from the perspective of a venture investor, this would absolutely be the case. In 2015, Cybersecurity startups saw 332 funding deals with … Continue reading “Is the Future of Cybersecurity in M&A?”
The Pan-Cancer Screen: Still Early for Prime Time
Imagine you could go to your doctor once a year for a blood test that would detect nearly every common type of cancer at an early stage. If you had a positive result, some further testing could pinpoint the cancer so you could have it treated before it spread. I would be ecstatic to have … Continue reading “The Pan-Cancer Screen: Still Early for Prime Time”
Biotech Roundup: Hellos, Goodbyes, “Cures” Delays And Trial News
The week started on a reflective note. Our San Diego editor Bruce Bigelow penned a personal goodbye to entrepreneur Larry Bock, who died last week of pancreatic cancer at the age of 56. And then the news flowed, from a fast reprieve for Juno Therapeutics to no mercy for Elizabeth Holmes. There were other goodbyes: … Continue reading “Biotech Roundup: Hellos, Goodbyes, “Cures” Delays And Trial News”
‘Megadeals’ Dominate Q2 as VCs Invest $15.3B, and Top 10 Deals
Showing little concern for stock-market volatility or worries over the Brexit, venture capital firms pumped $15.3 billion into 961 deals across the United States during the three months that ended June 30, according to the MoneyTree Report on venture capital activity. It was the 10th consecutive quarter that venture firms put at least $10 billion … Continue reading “‘Megadeals’ Dominate Q2 as VCs Invest $15.3B, and Top 10 Deals”
CyberGRX Garners $9,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=23dcd247-8da0-4529-9403-e6b6e8718515 Date 7/15/2016 Company Name CyberGRX Mailing Address Undisclosed Denver, CO 80210 USA Company Description CyberGRX provides the most comprehensive third-party cyber risk management platform to cost-effectively identify, assess, mitigate and monitor an enterprise’s risk exposure across its entire partner ecosystem. Website http://www.cybergrx.com Transaction Type Venture Equity Transaction Amount $9,000,000 Transaction Round … Continue reading “CyberGRX Garners $9,000,000 Series A Round”
CyberGRX Gets $9M to Manage Security Risks From Business Partners
An interesting cybersecurity startup emerged from stealth mode in Denver today. CyberGRX, which develops cyber risk management software, said it has closed $9 million in Series A funding, led by Allegis Capital. The company’s other investors include a mix of venture firms such as Blackstone, TenEleven Ventures, Rally Ventures, GV, and MassMutual Ventures, and security … Continue reading “CyberGRX Gets $9M to Manage Security Risks From Business Partners”
Why Entrepreneurs Should Care About Inequality and Divisiveness
The horrific news of recent weeks has amplified America’s long-simmering tensions and many divisions, and cast a new and disturbing light on the nature of social and economic inequality in this economy. The shootings that targeted police officers at a peaceful protest in Dallas, which followed the officer-involved shooting deaths of Philando Castile near Minneapolis … Continue reading “Why Entrepreneurs Should Care About Inequality and Divisiveness”
Atlassian Acquires StatusPage.io for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6f21c63e-99c7-4350-8ca0-2894ce3f5b3d Date 7/14/2016 Company Name StatusPage.io Mailing Address 113 E Stuart St. Fort Collins, CO 80525 USA Company Description StatusPage.io launched in 2013 to give companies a better way to be more transparent with their customers. We’re focused on serving companies who provide tools to build products for consumers. We recognize managing … Continue reading “Atlassian Acquires StatusPage.io for Undisclosed Sum”
How Cyber Visibility Protects Against the Abnormal & the Immoral
Another day, another breach. For many Bostonians, the “privacy incident” recently disclosed by Massachusetts General Hospital (MGH)—which reportedly involved the personal information of 4,300 dental patients stored by a software vendor—hit close to home in many ways, as most of us have at one time or another been to MGH for ourselves or a loved … Continue reading “How Cyber Visibility Protects Against the Abnormal & the Immoral”
Can Innovation Save Us?
During a summer that’s been marred by political upheaval and horrific violence inside and outside the U.S., it’s natural for startup entrepreneurs and others immersed in the technology world—including us journalists—to wonder about the role of innovation in solving social problems. In the wake of the murder of five police officers in Dallas, which followed … Continue reading “Can Innovation Save Us?”
From Drones to Sharing Economy, Don’t Disrupt the Disruptors
Napa Valley met the Silicon Valley at the recent Xconomy Retreat on Technology, Jobs, and Growth (aka the Napa Summit). Experts in cutting-edge technology huddled with business leaders and investors in the California wine country to explore what’s on, and just over, the technological horizon. Over the course of the two-day event, drones and the … Continue reading “From Drones to Sharing Economy, Don’t Disrupt the Disruptors”
The Gap Has Two Sides
About two years ago, I was asked to join a Babson College panel discussing the gender gap in venture capital. At the center of the conversation would be the results from the Diana Project, a research study that examined our industry and the stark lack of representation of women investors and funded entrepreneurs. I accepted … Continue reading “The Gap Has Two Sides”
Biotech Roundup: Fighting Addiction, Obama Precision, Juno Deaths & More
This week started with celebrations of America’s birthday, and it has been dominated—biotech-wise—by America’s government. The Obama administration continued its high-profile involvement in the life sciences by updating its Precision Medicine Initiative, easing limits on doctors who want to fight opioid addiction, and stopping a clinical trial in one of the hottest biomedical fields, cancer … Continue reading “Biotech Roundup: Fighting Addiction, Obama Precision, Juno Deaths & More”
Recruitment Goal In Obama Precision Med Study: 1M in 3 or 4 Years
The Obama administration’s push to sign up one million Americans for a long-term health study will start in New York, Pittsburgh, Chicago, and Tucson, AZ, top health officials said today. National Institutes of Health director Francis Collins (pictured) and FDA commissioner Rob Califf spoke on a call this afternoon to update the Precision Medicine Initiative, … Continue reading “Recruitment Goal In Obama Precision Med Study: 1M in 3 or 4 Years”