Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=85033d4a-1953-4fa2-a699-52b452aeaffd Date 5/15/2012 Company Name Courseload Mailing Address 351 West Tenth Street Indianapolis, IN 46202 USA Company Description Courseload formulated a simple vision – use emerging digital technology to cut the cost of textbooks, eliminate the heavy backpack, and enhance teaching and learning with digital tools that support interactivity, multi-media, and collaboration … Continue reading “Courseload Lands $6,861,001 New Financing Round”
Category: Indiana
Blue Pillar Secures $7,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=905fc378-0bdf-4a26-8ee3-1ebcea2f6715 Date 5/2/2012 Company Name Blue Pillar Mailing Address 9025 River Road Indianapolis, IN 46240 USA Company Description Power management software platforms that connect, control and centralize critical and complex facilities. Delivering IoT for the energy market. Website http://www.bluepillar.com Transaction Type Venture Equity Transaction Amount $7,000,000 Transaction Round Undisclosed Proceeds Purposes The … Continue reading “Blue Pillar Secures $7,000,000 New Round”
Jada Beauty Receives $365,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a619b5ef-dbd8-4093-a374-21b1920cb6f0 Date 4/10/2012 Company Name Jada Beauty Mailing Address 12523 Jeffries Place Carmel, IN 46033 USA Company Description At Jada Beauty, we celebrate beauty and make discovering and buying your favorite beauty products easier than ever. Shop a variety of brands, discover new products and trends, and be inspired by our expertly … Continue reading “Jada Beauty Receives $365,000 Series A Financing”
Strand Diagnostics Obtains $30,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bdc934d1-a280-40c3-93bc-6bfa714f9485 Date 4/5/2012 Company Name Strand Diagnostics Mailing Address 5770 Decatur Blvd. Indianapolis, IN 46241 USA Company Description Strand Diagnostics develops and markets the know error system which uses bar coding, forensic principles and DNA matching to confirm that surgical biopsy samples being evaluated belong to the patient being diagnosed. Website http://www.knowerror.com … Continue reading “Strand Diagnostics Obtains $30,000,000 New Financing”
Eli Lilly Pumps $4M into IDRI to Continue Hunt for TB Drugs
Pharmaceutical giant Eli Lilly is increasing its bet on a small team of TB drug hunters in Seattle. Indianapolis-based Lilly (NYSE: [[ticker:LLY]]) said today it has agreed to provide $4.2 million over the next four and a half years to the Seattle-based Infectious Disease Research Institute to continue its efforts to discover drugs for tuberculosis. … Continue reading “Eli Lilly Pumps $4M into IDRI to Continue Hunt for TB Drugs”
T2 Nabs $23M, Ironwood Seeks IBS Drug Approval, FDA Sets Deadline for Alkermes Drug, & More Boston-Area Life Sciences News
It seems that IT news has dominated this week, so we’re bringing you a short and sweet roundup of life sciences funding and drug development news from around New England. —Cambridge, MA-based Ironwood Pharmaceuticals (NASDAQ: [[ticker:IRWD]]) and New York-based Forest Laboratories (NYSE: [[ticker:FRX]]) announced that they submitted a new drug application to the FDA for … Continue reading “T2 Nabs $23M, Ironwood Seeks IBS Drug Approval, FDA Sets Deadline for Alkermes Drug, & More Boston-Area Life Sciences News”
How Eli Lilly Let a Billion-Dollar Molecule Slip Away and Make a Fortune for Vertex
Careers can be made in the drug development business on a single drug like telaprevir, the hepatitis C treatment from Vertex Pharmaceuticals (NASDAQ:[[ticker:VRTX]]). If it gets approved, the drug has the potential to become a leading treatment for the chronic liver disease—and to make a multibillion-dollar fortune for Cambridge, MA-based Vertex—within the next few years. … Continue reading “How Eli Lilly Let a Billion-Dollar Molecule Slip Away and Make a Fortune for Vertex”
Norway’s Think Plans to Build Electric Cars in Indiana and Test Them in Southern California with Additional Funding from Boston
Boston’s Rockport Capital has chipped in $12.5 million as part of a $40 million financing round for Think, the Oslo, Norway-based company building long-range electric vehicles. Think said in an May 11 announcement that it plans to use the new funds to expand operations and sales in North America, including opening a planned assembly facility … Continue reading “Norway’s Think Plans to Build Electric Cars in Indiana and Test Them in Southern California with Additional Funding from Boston”