When I traveled to Michigan last month, my conversation with entrepreneur Dug Song left me with the impression that’s he very passionate about several things: startups, cyber security, and Ann Arbor. I met with Song at Tech Brewery, the Dogpatch Labs-esque startup incubator space he founded in an old brewery building right in the University … Continue reading “New “Disruptive” Cloud Security Company Coming from Arbor Networks Co-Founder Dug Song”
Category: Detroit
iRobot’s Michigan Unit Aids in Key Military Deal
IRobot (NASDAQ:[[ticker:IRBT]]) has quietly added to its forces in Michigan. The Bedford, MA-based provider of robotics for the home, government, and industrial markets now has two full-time employees based in the Wolverine state, where it first established a one-person office in 2009 to focus on its military customers. Joe Dyer, iRobot’s chief of operations, sounded … Continue reading “iRobot’s Michigan Unit Aids in Key Military Deal”
Orasi Medical Secures $1,769,376 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ca8185f2-c09b-4aa5-bd33-56e61ff048fa&Preview=1 Date 11/16/2010 Company Name Orasi Medical Mailing Address 6465 Wayzata Blvd. Minneapolis, MN 55426 Company Description The company is developing neurological diagnostic technologies. Website http://www.orasimedical.com Transaction Type Venture Equity Transaction Amount $1,769,376 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor Undisclosed
GREENtrepreneurs: The Challenge & The Opportunity (Part 2)
[Editor’s Note: the first part of this guest post ran on Friday.] Governments, Law and Regulations, Oh My! One of the hallmarks of the growth of the Internet was a lack of government regulation or involvement. While not the case for all green businesses, many of the larger opportunities and business sectors look to government … Continue reading “GREENtrepreneurs: The Challenge & The Opportunity (Part 2)”
Fusion Coolant Systems Cracks Big Problems in Manufacturing, Now Needs Customers
Manufacturers have made strides in rolling eco-friendly products like electric vehicles off their assembly lines, yet it might be a bigger challenge to entice industry to clean up its production methods. Ann Arbor, MI-based startup Fusion Coolant Systems is taking on this challenge with its brand new metalworking fluid technology. Steven Skerlos, a co-inventor of … Continue reading “Fusion Coolant Systems Cracks Big Problems in Manufacturing, Now Needs Customers”
GrubHub.com Secures $11,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80c81eb7-f45f-411d-ae50-3eb8605fd4d5&Preview=1 Date 11/15/2010 Company Name GrubHub.com Mailing Address 1440 N Dayton Chicago, IL 60622 Company Description The company operates a website that allows users to learn which restaurants deliver food, view menus, reviews and more. Website http://www.grubhub.com Transaction Type Venture Equity Transaction Amount $11,000,000 Transaction Round Series C Proceeds Purposes The capital … Continue reading “GrubHub.com Secures $11,000,000 Series C Funding Round”
Ambiq Micro To Move From Michigan, Says Talent is in Texas
Ambiq Micro, an Ann Arbor, MI, startup developing low-power microcontrollers for smart credit cards and ultralong-life sensors for homes and buildings, is moving out of its lab space at the University of Michigan to new offices in Austin, TX. The decision, first reported by AnnArbor.com, comes just a few days after Ambiq Micro announced it … Continue reading “Ambiq Micro To Move From Michigan, Says Talent is in Texas”
Snyder Picks SPARK CEO for Transition
Michigan Governor-elect Rick Snyder has chosen Ann Arbor SPARK CEO Michael Finney to lead the economic strategy for his transition team. AnnArbor.com is reporting on speculation that Finney might also become the next head of the Michigan Economic Development Corp. (MEDC). Ann Arbor SPARK is a regional economic development group and company incubator. Snyder is … Continue reading “Snyder Picks SPARK CEO for Transition”
RockMelt: A Great Social Browser for the Desktop, But Isn’t This the Mobile Era?
While nearly everything about the Web has changed since its emergence circa 1993—who’s using it, what types of content are available, how Web pages are constructed, how it’s all paid for—the desktop browser hasn’t. It’s still basically a big blank square that lets you navigate between Web pages, with a set of buttons and controls … Continue reading “RockMelt: A Great Social Browser for the Desktop, But Isn’t This the Mobile Era?”
GREENtrepreneurs: The Challenge & the Opportunity
“So what is so special about green entrepreneurs?” This is an excellent question and was a central theme in my recently published book, Green Entrepreneur Handbook. Why is a green entrepreneur any different than any other sort of entrepreneur? Does it take a special entrepreneur with different skills to build a green business? Throughout the … Continue reading “GREENtrepreneurs: The Challenge & the Opportunity”
“No, I Will Not Fund Your Company”
If you are an entrepreneur and you haven’t heard the phrase above, then you probably got one of the following: “why don’t you come back when you have more traction;” “this just isn’t for us;” or (my least favorite), “this looks like a solid double…we only take home runs.” I do some work for LaunchCapital, … Continue reading ““No, I Will Not Fund Your Company””
Angie’s List Obtains $2,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ae25cdfb-8abc-4f6f-a8d8-0939613ac04d&Preview=1 Date 11/11/2010 Company Name Angie’s List Mailing Address 1030 E. Washington St. Indianapolis, IN 46202 Company Description Angie’s List is a growing collection of homeowners’ real-life experiences with local service companies. The people who join Angie’s List are like you — looking for a way to find trustworthy companies that perform … Continue reading “Angie’s List Obtains $2,500,000 New Financing”
Ambiq Micro Gets $2.4M to Develop Ubiquitous Microcontrollers for Smart Credit Cards, Homes
Ambiq Micro, an Ann Arbor, MI, startup developing low-power microcontrollers for smart credit cards and ultralong-life sensors for homes and buildings, has attracted $2.4 million in seed funding, the company announced yesterday. The money comes from lead investor DFJ Mercury, along with ARM, Draper Fisher Jurvetson, Cisco, The Frankel Fund, Huron River Ventures, and a … Continue reading “Ambiq Micro Gets $2.4M to Develop Ubiquitous Microcontrollers for Smart Credit Cards, Homes”
U-M Leaders Say Snyder Pick Good News for Startup Community, But Worry He’ll Be Held Up by Bureaucracy
Last week, Michigan voters elected political outsider Rick Snyder, whose resume more closely resembles that of a technology entrepreneur than a career politician, as the state’s next governor. Before stepping into the political arena, Snyder served as president of computer giant Gateway, co-founded a venture capital firm called Avalon Investments, and was chairman of Ann … Continue reading “U-M Leaders Say Snyder Pick Good News for Startup Community, But Worry He’ll Be Held Up by Bureaucracy”
Big Fish Help Out the Smaller Fish in the Life Sciences Pond
In spite of the abundance of PhDs, MDs, JDs, and MBAs in biotech and pharma, we all know that on-the-job learning is really how this industry is built. Nobody goes to university to learn how to be a great CEO or manager, and there aren’t any courses in grad school where budding researchers can learn … Continue reading “Big Fish Help Out the Smaller Fish in the Life Sciences Pond”
Sprout Social Obtains $1,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=75d5a753-5c22-42a7-af81-1390c43d9066&Preview=1 Date 11/9/2010 Company Name Sprout Social Mailing Address Undisclosed Chicago, IL 60601 Company Description The company provides social relationship management tracking and services. Website http://www.sproutsocial.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes The new funding will be used grow the engineering and support staff and towards … Continue reading “Sprout Social Obtains $1,000,000 New Funding”
Ambiq Micro Lands $2,400,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9c35c1b2-5cf4-4a5a-8044-f0d2fb7d9929&Preview=1 Date 11/9/2010 Company Name Ambiq Micro Mailing Address Undisclosed Undisclosed, MI 48710 Company Description The company is developing next-generation energy-efficient microcontrollers. Website http://www.AmbiqMicro.com Transaction Type Venture Equity Transaction Amount $2,400,000 Transaction Round Undisclosed Proceeds Purposes The funding will enable Ambiq to expand its engineering, sales and marketing teams. M&A Terms Venture … Continue reading “Ambiq Micro Lands $2,400,000 New Round”
Ann Arbor’s BodegaBid Bets There’s Real Profit in Virtual Currency
Mark Sendo of Ann Arbor, MI, is not into reality. Oh, the founder and CEO of BodegaBid says he briefly tried reality last spring, when his company partnered with a Seattle startup called Beer2Buds and let holders of virtual cash buy their friends a beer in the real world. But the three-year-old BodegaBid ended that … Continue reading “Ann Arbor’s BodegaBid Bets There’s Real Profit in Virtual Currency”
A New Playbook for Green Advertising
What does it mean for a product to be environmentally friendly? How about sustainable? Or even biodegradable? These words may appeal to a rapidly growing body of environmentally conscious customers, not to mention the major corporations and startups who appeal to them by touting their own “greenness”—but unless they convey a clear meaning and can … Continue reading “A New Playbook for Green Advertising”
Super Angels Not So Super? Angel Investing Deals Up, But Dollars Down for 2010
For all the fuss about “super angels” and “angels are the new VCs,” a report out this week from the University of New Hampshire says angel investors are putting less money into companies overall, especially at the seed and startup stages, compared with previous years. Of course, there are many factors at play here. The … Continue reading “Super Angels Not So Super? Angel Investing Deals Up, But Dollars Down for 2010”
Uncle Sam Delivers $18.4M in Research Awards to Michigan Biotechs
Usually, people pay the Internal Revenue Service. But this week the IRS announced awards to biotech companies in Michigan and elsewhere in the U.S. through the Qualifying Therapeutic Discovery Project program. The program awarded 57 Michigan firms a total of $18.4 million in grants, according to the IRS website. The program’s grants and tax credits—which … Continue reading “Uncle Sam Delivers $18.4M in Research Awards to Michigan Biotechs”
Charles River Labs Closing Molecular Imaging Facility in Ann Arbor
Charles River Laboratories International (NYSE:[[ticker:CRL]]) is closing its discovery and molecular imaging facility in Ann Arbor, MI, as part of a plan to save the struggling company $40 million in annual expenses. The Wilmington, MA-based contract research firm reported yesterday that it’s cutting 4 percent of its global work force in response to weakened demand … Continue reading “Charles River Labs Closing Molecular Imaging Facility in Ann Arbor”
InfoReady Helps Customers Navigate $1 Trillion Grant Market With Search and Collaboration Software
Collaboration software for office workers isn’t new, and neither are technologies for doing refined, targeted Web searches. But Ann Arbor, MI-based InfoReady is combining those elements in a social networking-like interface to create a workflow tool that the company’s president and CEO Bhushan Kulkarni thinks will really shake things up. “I feel that we are … Continue reading “InfoReady Helps Customers Navigate $1 Trillion Grant Market With Search and Collaboration Software”
Red Foundry Receives $1,100,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c1164991-2520-4c6f-90cc-cf646118aef2&Preview=1 Date 11/4/2010 Company Name Red Foundry Mailing Address Undisclosed Chicago, IL 60601 Company Description That’s why we started Red Foundry – to take our years of experience in building successful mobile apps and package it into technology that anyone can use to lower the cost, complexity and risk of building killer … Continue reading “Red Foundry Receives $1,100,000 New Financing Round”
American Express Acquires Accertify for $150,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=90550d22-3761-4c0f-96c1-b8a840b346b9&Preview=1 Date 11/4/2010 Company Name Accertify Mailing Address 1075 Hawthorn Dr. Itasca, IL 60143 Company Description One mission – providing the very best integrated tool for merchants to identify the fraudulent use of credit cards in online, telephone or any card not present transactions. Website http://www.accertify.com Transaction Type M&A Transaction Amount $150,000,000 … Continue reading “American Express Acquires Accertify for $150,000,000”
Why Rich Levandov Invested Early in Zynga, and Why It Took Off—Lessons Every Entrepreneur Should Consider
On the last day of September, San Diego-based Avalon Ventures announced a closing of $161 million for its new fund—Avalon IX—on its way toward an upper target of $200 million. Avalon is an 18-year-old firm—storied in San Diego but not fantastically well known nationally—still led by founder Kevin Kinsella. Avalon made its name in biotech. … Continue reading “Why Rich Levandov Invested Early in Zynga, and Why It Took Off—Lessons Every Entrepreneur Should Consider”
InterRad Medical Lands $1,900,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a78785d6-420d-45b5-a2a1-8fed1210cbc5&Preview=1 Date 11/3/2010 Company Name InterRad Medical Mailing Address 181 Cheshire Ln. Plymouth, MN 55441 Company Description The company’s mission is the development and commercialization of innovative medical devices for use in minimally invasive interventional and surgical procedures. Website http://www.interradmedical.com Transaction Type Venture Equity Transaction Amount $1,900,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “InterRad Medical Lands $1,900,000 New Financing”
Flex Biomedical Receives New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cef9700c-b99c-46d9-b55c-d06276ee3d91&Preview=1 Date 11/3/2010 Company Name Flex Biomedical Mailing Address 505 S. Rosa Road Madison, WI 53719 Company Description Flex Biomedical’s lead product is a synthetic polymer, the Flex Polymer, designed to treat osteoarthritis, an incurable joint disease that affects millions around the world. Website http://www.flexbio.com/ Transaction Type Venture Equity Transaction Amount Undisclosed … Continue reading “Flex Biomedical Receives New Funding Round”
Arboretum Invests in Pathology Company
Arboretum Ventures, based in Ann Arbor, MI, is a co-leader in a $10-million Series B financing round for Irvine, Calif.-based PathCentral, an anatomic pathology services company, according to a report today in peHUB. PathCentral says the money will be used to enhance its web-based laboratory information system, among other things. Joining Arboretum in the round … Continue reading “Arboretum Invests in Pathology Company”
Big Opportunity for an “Enterprise Town” in Detroit, Says E-mail Pioneer Nathaniel Borenstein
This could be huge for Michigan’s economic future. No, I’m not talking about today’s gubernatorial election (though that’s important too). I’m talking about something Nathaniel Borenstein told me last week. Borenstein, for those who don’t know, is one of the fathers of modern e-mail (an original designer of MIME, Multipurpose Internet Mail Extensions), and currently … Continue reading “Big Opportunity for an “Enterprise Town” in Detroit, Says E-mail Pioneer Nathaniel Borenstein”
CAR Breakfast Briefing Series: Creating Markets for Connected Vehicle Data
This event will explore the market surrounding the connected vehicle—a concept where vehicles can communicate with each other wirelessly. This session specifically focuses on how to handle the data that would be produced if the technology hit the ground. Event presenters will include personnel from Delphi, the Center for Automotive Research, and more. Register online.
Khosla, Gates Are Betting On EcoMotors’ Engine Technology to Transform Autos Into Cleaner, Cheaper, and More Powerful Machines
Don Runkle has a bit of news for everyone. It’s engines, not batteries, that will make automobiles cleaner and more efficient. “We unabashedly say that we have the best solution,” says Runkle, the CEO of Allen Park, MI-based engine developer EcoMotors International. The startup, which brought in $23 million in Series B financing this summer … Continue reading “Khosla, Gates Are Betting On EcoMotors’ Engine Technology to Transform Autos Into Cleaner, Cheaper, and More Powerful Machines”
How I’ve Discovered Twitter Can Be a Resource, Not a Waste of Time
“If you’re so busy, why do you spend so much time on Twitter?” So asks a member of my household who shall go unnamed here. Well, here’s why. Twitter has become my primary source for news, my point of contact with the important people in my life, and my connection to a rich and growing … Continue reading “How I’ve Discovered Twitter Can Be a Resource, Not a Waste of Time”
A Silicon Valley Prescription for Boston and Other Startup Hubs: Throw More Parties
A few friends have asked me how my life has changed since I moved from Boston to San Francisco to open Xconomy’s Bay Area bureau. Do you want to know the real answer? I drink more. A lot more. In the Silicon Valley technology startup world that I cover, there’s at least one cocktail party, … Continue reading “A Silicon Valley Prescription for Boston and Other Startup Hubs: Throw More Parties”
Boston Scientific to Sell Neurovascular Unit to Stryker for $1.5B
Natick, MA-based Boston Scienfic is getting out of the neurovascular business. The medical devices giant (NYSE:[[ticker:BSX]]) said today it has agreed to sell the business to Kalamazoo, MI-based Stryker (NYSE:[[ticker:SYK]]) for $1.5 billion in cash. The deal is expected to close before the end of the year, according to the companies. Boston Scientific said it … Continue reading “Boston Scientific to Sell Neurovascular Unit to Stryker for $1.5B”
Triangulation: How Universities, Government, and Business Can Stir More Innovation
Successful innovation in the life sciences requires that three entities with fiercely independent cultures and largely non-overlapping goals—government, universities, and the private sector—have meaningful dialogues with each other. That is not happening at the moment. Consider the cycle for creating a therapy, diagnostic or medical device. Academic research is funded largely by the federal government, … Continue reading “Triangulation: How Universities, Government, and Business Can Stir More Innovation”
Beyond Gaming Adds Web-based, Social Networking Components to Traditional Console Gaming to Virtualize Tournaments
Tony Legeza and his fellow video game lovers at Beyond Gaming are out to add a bit of new-world flavor to the more traditional world of playing games on consoles like Xbox 360 or Sony’s Playstation models. The inspiration for the Toledo, OH-based startup, which is working to build a Web community of video gamers … Continue reading “Beyond Gaming Adds Web-based, Social Networking Components to Traditional Console Gaming to Virtualize Tournaments”
GloStream Receives $6,838,075 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=85022dcc-ad64-4677-afdb-dd8add64b6dd&Preview=1 Date 10/27/2010 Company Name GloStream Mailing Address 1050 Wilshire Dr. Troy, MI 48084 Company Description GloStream was founded by two software developers who met on a Web site dedicated to the exchange of IT projects over the Internet. The two technology professionals with a gift for translating ideas into technological reality … Continue reading “GloStream Receives $6,838,075 New Funding Round”
First Impressions of Michigan’s Innovation Landscape: An Institutional Legacy, A Fragmented Entrepreneurial Community, and Some Unexpected Promising Sectors
Last week I headed to the Detroit and Ann Arbor area to make my first visit to one of Xconomy’s newer outposts. I spoke with entrepreneurs and industry veterans, as well as academics and investors looking to jumpstart the region’s innovation engine. Some of what I saw and heard on my trip stood in stark … Continue reading “First Impressions of Michigan’s Innovation Landscape: An Institutional Legacy, A Fragmented Entrepreneurial Community, and Some Unexpected Promising Sectors”
Trend in Q3 Venture Data From Dow Jones Falls in Line
The quarterly venture capital survey by Dow Jones VentureSource was released earlier today, showing a trend that’s generally in line with data previously reported by CB Insights and The MoneyTree Report. Dow Jones says venture-backed companies in the U.S. raised $5.5 billion in the third quarter—a 5 percent drop in funding from the $5.8 billion … Continue reading “Trend in Q3 Venture Data From Dow Jones Falls in Line”
PostEgram’s Facebook-By-Mail Service Bridges Generation Gap
The grandkids never call. They never write. They do something called Facebook on their laptops, and something called texting on their phones, but what good is that to a grandma who doesn’t have a computer or a cell phone? Enter PostEgram, a 6-month-old Detroit-based startup that wants to bridge the gap between the greatest generation … Continue reading “PostEgram’s Facebook-By-Mail Service Bridges Generation Gap”
Cleversafe Lands New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd026352-3a97-40f2-8ac9-012c757a3fd0&Preview=1 Date 10/25/2010 Company Name Cleversafe Mailing Address 224 N. Desplaines Street Chicago, IL 60661 Company Description Cleversafe is committed to storing the world’s data. It’s an ambitious goal, but one we think can be achieved through the open source development of innovative and useful technology. Website http://www.cleversafe.com Transaction Type Venture Equity … Continue reading “Cleversafe Lands New Round”
Cleversafe Secures $26,400,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=18d90148-14bf-41f3-b5bb-6911606cf00b&Preview=1 Date 10/25/2010 Company Name Cleversafe Mailing Address 224 N. Desplaines Street Chicago, IL 60661 Company Description Cleversafe is committed to storing the world’s data. It’s an ambitious goal, but one we think can be achieved through the open source development of innovative and useful technology. Website http://www.cleversafe.com Transaction Type Venture Equity … Continue reading “Cleversafe Secures $26,400,000 Series C Financing Round”
Kilimanjaro Energy Lands New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e74d2fe9-73d0-48dc-91e0-df2a7d45da6e&Preview=1 Date 10/25/2010 Company Name Kilimanjaro Energy Mailing Address 20875 Crossroads Cir. Waukesha, WI 53186 Company Description The company is developing economically efficient CO2 capture materials and prototypes. Website http://www.kilimanjaroenergy.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes The Company is developing advanced CO2 capture materials and prototypes … Continue reading “Kilimanjaro Energy Lands New Round”
Find The Investor of Your Dreams—For Free
There’s all sorts of wisdom about how to find folks to invest in your startup, ranging from the obvious to the slightly stalkerish. Approach investors who’ve supported companies like yours in the past. Go to startup school. Wait until a famous VC is stranded somewhere and give him a lift. In some ways, the most … Continue reading “Find The Investor of Your Dreams—For Free”
10 Fantastic Photo Apps for the iPad
The Apple iPad doesn’t have a camera—yet. But it does have a big, beautiful, multi-touch screen. And that makes it one of the best devices ever built for browsing and manipulating images. Mobile app developers have realized this, and have created a profusion of fascinating apps for editing or simply exploring photographs. In fact, there … Continue reading “10 Fantastic Photo Apps for the iPad”
Aastrom Maps Out Pivotal Trial Strategy With Adult Stem Cell Therapy
Biotech is one of the most regulated businesses on the planet, so it’s clear that if Aastrom Biosciences is going to get anywhere, it had better have a good strategy for working with U.S. drug regulators. This week, the Ann Arbor, MI-based company took a couple of important steps in the direction that investors like … Continue reading “Aastrom Maps Out Pivotal Trial Strategy With Adult Stem Cell Therapy”
Cerenis Adds $13.9M to C Round
Cerenis Therapeutics, a biotech based in Ann Arbor, MI and Toulouse, France, said today that it has raised an additional $13.9 million in its Series C funding round. The first closing of the round was announced in July. The new capital, which came from the investment group IRDI-IXO and undisclosed private investors, brings the Series … Continue reading “Cerenis Adds $13.9M to C Round”
Metabolic Solutions Development Grabs Venture Dollars For Diabetes Drugs, Gets New CEO
It’s a happy day for Metabolic Solutions Development. The Kalamazoo, MI-based firm said today it has reeled in $23.5 million to fund development of its experimental drug for Type 2 diabetes and its other treatments for metabolic diseases. It also announced the appointment of Stephen Benoit as its new chief executive. Hopen Life Sciences, a … Continue reading “Metabolic Solutions Development Grabs Venture Dollars For Diabetes Drugs, Gets New CEO”
Compendia Bioscience Morphs Into Big Pharma’s Cancer Genomics Partner
Compendia Bioscience has evolved significantly since it spun out of the University of Michigan with its cancer genomics research software four years ago. Instead of just selling software and moving on to the next customer, Compendia co-founder and CEO, Daniel Rhodes, says that his firm has prospered by forming close ties to pharmaceutical companies that … Continue reading “Compendia Bioscience Morphs Into Big Pharma’s Cancer Genomics Partner”