New York – Page 124

Magnify Networks Garners $978,790 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c2d9898b-125b-48f3-99a8-b53766d7f70d&Preview=1 Date 6/18/2013 Company Name Magnify Networks Mailing Address 135 W 29th St. New York, NY 10001 Company Description The company operates a platform for businesses and users to create user generated video. Website http://www.magnify.net Transaction Type Venture Equity Transaction Amount $978,790 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “Magnify Networks Garners $978,790 New Financing”

FitBark Digs Up Dogs’ Activity Data for Their Owners

Seeing dogs riding in cars with their ears flapping in the wind is common in summer, but canines need much more exercise than sticking their heads out of windows. FitBark, based in the Forest Hills section of Queens, believes its wearable activity-tracking device for dogs will help pet owners understand how much running around their … Continue reading “FitBark Digs Up Dogs’ Activity Data for Their Owners”

Amicus Shelves New-Drug Filing For Fabry Disease Drug

[Updated, 1:10 ET] Investors are going to have to wait awhile before they see Amicus Therapeutics submit its Fabry Disease drug to the FDA for approval. And they immediately showed their displeasure by sending the Cranbury, NJ-based company’s stock down more than 20 percent. John Crowley, Amicus’ CEO, said on a conference call Monday that … Continue reading “Amicus Shelves New-Drug Filing For Fabry Disease Drug”

Don’t Panic, But We’ve Passed Peak Apple. And Google. And Facebook.

After the dot-com crash in 2001, the tech world needed a few years to regroup. But starting around 2004, the year Facebook was founded and Google went public, the winds of innovation in consumer- and business-facing technology began to pick up again. In 2007 or so, they reached hurricane speed, and minus a short lull … Continue reading “Don’t Panic, But We’ve Passed Peak Apple. And Google. And Facebook.”

Betterment, Scivantage Fight to Bring Innovation to Wall Street

Technology continues to surge through the financial world like a gust of wind. But at times, it’s taken a bit of coaxing to bring about change. At the New Jersey Technology Council’s recent FinTech Conference in Jersey City, technologists and financial experts discussed how wealth management platforms, mobile transactions, and other tools are reshaping this … Continue reading “Betterment, Scivantage Fight to Bring Innovation to Wall Street”

East Coast Life Sciences Roundup: Agios, Ludwig/CRI, Celgene

Two things you were able to count on this week if you live in New York: rain, rain, and more rain, and another Beantown biotech entering the IPO queue. We’ve got that and more in this week’s roundup: —Cambridge, MA-based Agios Pharmaceuticals has become the latest in what’s been a parade of biotechs to file … Continue reading “East Coast Life Sciences Roundup: Agios, Ludwig/CRI, Celgene”

The Right Reasons to Be Transparent

How often do you think about transparency? As a founder and CEO of a fast-growing startup it’s on my mind often. There’s a constant stream of information coming my way, from the company’s financial health, to business partnerships, customer data and hiring plans. At any given point I can withhold information, but I do my … Continue reading “The Right Reasons to Be Transparent”

Iconology Lands $2,421,247 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6f9ef2b2-2725-4672-a926-d14c4b555fae&Preview=1 Date 6/13/2013 Company Name Iconology Mailing Address 13 West 36th Street 5th Floor New York, NY 10018 Company Description Iconology, Inc. is a developer specializing in Entertainment and Books. Website http://www.iconology.com Transaction Type Venture Equity Transaction Amount $2,421,247 Transaction Round Undisclosed Proceeds Purposes Of the transaction amount, $1,321,290 represents the conversion … Continue reading “Iconology Lands $2,421,247 New Funding Round”

The Right Now Economy: The Next Wave of Startup Success

[Editor’s Note: Mark Siegel, managing director at Menlo Ventures, was the keynote speaker at IBF’s Venture Capital Investing Conference today in San Francisco. The post below summarizes his talk, in which he argued that the convergence of mobility, cloud infrastructure, social and big data—what he calls the Right Now Economy—sets the stage for $500 billion in … Continue reading “The Right Now Economy: The Next Wave of Startup Success”

Dataminr Raises $30M in New Funding Round Led by Venrock and IVP

Social media analytics company Dataminr in New York announced today it raised $30 million in a funding round led by Institutional Venture Partners and Venrock. Dataminr, founded in 2009, uses Twitter’s firehose of public tweets to analyze events happening around the world and identify trends on behalf of customers in financial services and government. The … Continue reading “Dataminr Raises $30M in New Funding Round Led by Venrock and IVP”

Immune Design, NY Non-Profits Team Up to Boost Cancer Drugs

Seattle-based Immune Design took a big step forward as a company in 2010 when it struck a deal to let AstraZeneca’s MedImmune unit test out its proprietary vaccine boosters, or adjuvants. Now, it’s got a bigger goal in mind: using a broad collaboration with two big non-profit organizations to break into the hot field of … Continue reading “Immune Design, NY Non-Profits Team Up to Boost Cancer Drugs”

OptMed Garners $124,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f2157538-fc7b-4b67-9873-05a1f1534c53&Preview=1 Date 6/12/2013 Company Name OptMed Mailing Address 601 Lexington Avenue New York, NY 10022 Company Description Our lead biosurgical product in development—Devakor, a topical skin adhesive—is a replacement for surgical sutures. OptMed’s therapeutics in development are based on proprietary new indications for a widely used drug to provide targeted relaxation of … Continue reading “OptMed Garners $124,000 New Financing Round”

TapCommerce Receives $1,200,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d168a15e-aed1-4eaf-88ca-6956ad9a336d&Preview=1 Date 6/12/2013 Company Name TapCommerce Mailing Address 51 East 12th Street 4th Floor New York, NY 10003 Company Description TapCommerce is the leader in mobile retargeting. We’re trusted by the most successful mobile brands to deliver customers, revenue, and return on investment across mobile platforms. Website http://www.tapcommerce.com Transaction Type Venture Equity … Continue reading “TapCommerce Receives $1,200,000 New Funding”

Exosome Diagnostics Obtains $3,500,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0e94af9d-f6b5-49a6-9f09-9bdb06ae4685&Preview=1 Date 6/12/2013 Company Name Exosome Diagnostics Mailing Address 3960 Broadway New York, NY 10032 Company Description Exosome Diagnostics, Inc. is focused on commercializing minimally invasive molecular diagnostics using body fluids. Website http://www.exosomedx.com Transaction Type Debt Transaction Amount $3,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. … Continue reading “Exosome Diagnostics Obtains $3,500,000 New Funding”

Dataminr Receives $30,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7e687c34-9ece-46a9-aca2-ef22daf499bd&Preview=1 Date 6/12/2013 Company Name Dataminr Mailing Address 99 Madison Avenue 3rd Floor New York, NY 10016 Company Description Dataminr’s analytics engine transforms social media streams into actionable signals, providing clients in the financial and government sectors with one of the earliest warning systems for market-relevant information, noteworthy events, and emerging trends. … Continue reading “Dataminr Receives $30,000,000 New Financing Round”

OptMed Obtains $124,000 New Financing Round

TapCommerce Lands $1,200,000 New Funding

Exosome Diagnostics Secures $3,500,000 New Funding

Dataminr Lands $30,000,000 New Round

Acquisition Rumors About MakerBot Aside, 3-D Printing Poised to Grow

A hornet’s nest of gossip buzzed up over the weekend about alleged talks between desktop 3-D printer producer MakerBot Industries in Brooklyn and Minnesota’s Stratasys. Though neither company will comment, the rampant speculation about an acquisition deal speaks to the fast rise of 3-D printing. Zack Schildhorn, vice president and director of operations with New … Continue reading “Acquisition Rumors About MakerBot Aside, 3-D Printing Poised to Grow”

Fundraising Is a Means, Not an End

For many entrepreneurs “raising money” has replaced “building a sustainable business” as their goal. That’s a big mistake. When you take money from investors their business model becomes yours. One of my ex students came out to the ranch to give me an update on his startup. When I asked, “What are you working on?” … Continue reading “Fundraising Is a Means, Not an End”

Agios Files For IPO With Plans to Raise $86M

Agios Pharmaceuticals turned heads in 2010 when it reeled in $130 million from Celgene still years away from testing one of its drugs in human beings. Three years later, on the verge of its first clinical trial, Agios hopes to have the same type of impact on public investors. Cambridge, MA-based Agios filed a Form … Continue reading “Agios Files For IPO With Plans to Raise $86M”

Content Savvy Lands $300,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f797b374-6520-4948-8ab7-776c88017ae1&Preview=1 Date 6/11/2013 Company Name Content Savvy Mailing Address 4500 Harlem Road Amherst, NY 14226 Company Description ContentSeer helps companies navigate through the sea of Big Data to find the most relevant insight. Website http://www.contentsavvyinc.com Transaction Type Venture Equity Transaction Amount $300,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “Content Savvy Lands $300,000 New Round”

Namely Obtains $3,500,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3d7f1427-cdba-48b0-aebb-79954702e422&Preview=1 Date 6/11/2013 Company Name Namely Mailing Address 90 Park Ave. 20th Floor New York, NY 11160 Company Description Namely is the first talent management platform built for the professional services industry—specifically advertising. Namely enables agencies to manage their teams, retain key employees and grow revenues. Website http://www.namely.com Transaction Type Venture Equity … Continue reading “Namely Obtains $3,500,000 Series A Financing”

Novus Lands New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5cae6d58-a1df-467d-bc43-b2b00a1585b7&Preview=1 Date 6/11/2013 Company Name Novus Mailing Address 130 East 59th Street 12th Floor New York, NY 10022 Company Description Novus was founded in 2007 by a group of investors, data scientists and engineers to build a foundation that helps the world’s top investors generate higher returns. Simply stated, we believe investors … Continue reading “Novus Lands New Round”

Salaries Up for IT Security Managers, Systems Analysts, Says Mondo

Anxious to put technology to work reaching audiences, marketers helped shoot adrenaline into IT workers’ salaries, according to a recent study. Technology recruiting firm Mondo in New York last week released findings of a survey based on IT job placements the company made in 2012 and 2013. Among the professionals surveyed, experienced IT security managers … Continue reading “Salaries Up for IT Security Managers, Systems Analysts, Says Mondo”

Profiles in Long-Termism: Sarepta Therapeutics CEO Chris Garabedian

Biotech is a long-term business, in a world that places more value on short-term thinking. Pharma companies often cut long-term R&D budgets, or do disastrous mega-mergers, mainly to juice their profits for a quarter or two. But sometimes people come along who are willing and able to buck the trends. They have a strategy for … Continue reading “Profiles in Long-Termism: Sarepta Therapeutics CEO Chris Garabedian”

Affinity Solutions Obtains $21,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7c21f6f6-c353-49e6-8d86-2f060b7f5bb1&Preview=1 Date 6/10/2013 Company Name Affinity Solutions Mailing Address 1180 Avenue of the Americas 3rd Floor New York, NY 10036 Company Description Founded in 1998, Affinity Solutions has grown to become the leading provider of loyalty programs for top financial institutions, insurance companies, and publishers in the U.S. Website http://www.affinitysolutions.com Transaction Type … Continue reading “Affinity Solutions Obtains $21,000,000 New Financing Round”

Scratch Music Group Obtains New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e3b4492f-f229-4921-88b0-c9db4c7c8499&Preview=1 Date 6/10/2013 Company Name Scratch Music Group Mailing Address 36 Cooper Square 2nd Floor New York, NY 10003 Company Description Scratch Music Group is a venture-backed, high growth music and technology company. Since its founding in 2002, Scratch has built the first and largest national team of heavily screened marquee DJs, … Continue reading “Scratch Music Group Obtains New Funding”

Tumblr, Foursquare Execs Map Out New Directions, Tools for Brands

Senior executives from Tumblr and Foursquare headlined the first day of Gnip’s Big Boulder Conference on “social data” on Thursday, and while they didn’t have much to say about the news that’s put their companies in the headlines in the past few months, they did lay out what products their companies are betting on for … Continue reading “Tumblr, Foursquare Execs Map Out New Directions, Tools for Brands”

Floored’s CEO Talks About Bringing 3-D Image Modeling to Real Estate

Injecting new technology into a long-established industry is a big enough task for most new companies. So is tying your fortune to a brand-new technology application that is still finding its place in the market. New York-based Floored must like a good challenge—it’s trying to climb both of those mountains. The startup’s aim is to … Continue reading “Floored’s CEO Talks About Bringing 3-D Image Modeling to Real Estate”

East Coast Life Sciences Roundup: ASCO, Follica, Aveo, & More

All eyes may have been on ASCO to start the week, but that wasn’t the only news emanating from biotechs on the East Coast. We’ve got all the details here: —Luke Timmerman, Xconomy’s National Biotech Editor, had the winners, losers, and everything in between in his two-part wrap of this year’s annual meeting of the … Continue reading “East Coast Life Sciences Roundup: ASCO, Follica, Aveo, & More”

Coffee Goes from Folger’s, to Starbucks, to Tech-Driven ‘Third Wave’

There’s change brewing in the world of coffee. Over the last 10 years or so, an assortment of independent “third wave” coffee roasters has appeared in cities like Seattle, San Francisco, New York, Boston, Austin, and Boulder—in other words, the same high-tech hubs we cover here at Xconomy. Each Xconomy editor has his or her … Continue reading “Coffee Goes from Folger’s, to Starbucks, to Tech-Driven ‘Third Wave’”

Johnson & Johnson’s New Innovation Center Part of Broader Initiative

Investing in biotechnology is a riskier bet these days. The community of life sciences venture capital firms is contracting, despite scientific advances across many fields like genomics, immunology, and diagnostics. Many promising new enterprises fail to produce marketable drugs, and even successful therapies may struggle to gain markets in an environment of health care cost … Continue reading “Johnson & Johnson’s New Innovation Center Part of Broader Initiative”

Hullabalu Obtains $1,800,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=23ca8d0c-b95f-4111-b3a2-27ea65026307&Preview=1 Date 6/7/2013 Company Name Hullabalu Mailing Address Undisclosed New York, NY 10003 Company Description Hullabalu is a company based in NYC, creating stories for the new generation. We are inspired by our love for fantastical worlds, the timeless classics we grew up with, and the kids who visit our office. Website … Continue reading “Hullabalu Obtains $1,800,000 New Funding Round”

Makeably Obtains $650,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f2478bc6-2df5-4a97-8acd-4fd679ac13e5&Preview=1 Date 6/7/2013 Company Name Makeably Mailing Address 195 Morgan Avenue Brooklyn, NY 11237 Company Description Makeably aspires to be the home for the maker generation, a place where new and previously unforeseen things get made. Website http://www.makeably.com Transaction Type Venture Equity Transaction Amount $650,000 Transaction Round Seed Proceeds Purposes Proceeds purposes … Continue reading “Makeably Obtains $650,000 Seed Round”

N3twork Lands $12,000,000 Series A Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=045a483b-6238-414f-8eaf-7db1629df485&Preview=1 Date 6/7/2013 Company Name N3twork Mailing Address Undisclosed New York, NY 10040 Company Description We believe today’s web experience is broken, It isn’t organized in the way we think about things, and it wasn’t made for today’s devices. Our solution is something entirely new. It’s an integrated experience that connects any … Continue reading “N3twork Lands $12,000,000 Series A Financing Round”

Collective Media Garners $16,400,002 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=658ebc56-d6cd-4ef5-bb44-cafe11f7e292&Preview=1 Date 6/7/2013 Company Name Collective Media Mailing Address 99 Park Avenue 5th Floor New York, NY 10016 Company Description Collective Media is a leading online advertising network specializing in audience targeting and optimization solutions to increase relevancy and yield for both publishers and advertisers, reaching 120 million unique users monthly. Website … Continue reading “Collective Media Garners $16,400,002 New Round”

CytomX Snags $25M From Pfizer to Make Souped-Up Antibodies

Pfizer was tripped up a couple years ago, when safety concerns emerged around the first drug ever approved that could combine the targeting ability of an antibody with a toxin to give it more tumor-killing kick. But the New York-based pharma giant still sees potential in the field of souped-up antibody drugs, and it’s seeking … Continue reading “CytomX Snags $25M From Pfizer to Make Souped-Up Antibodies”

Another Way SaaS Changes Everything

There are a lot of “new rules” in enterprise software sales. We discussed many of them in depth at a recent industry forum: it’s now a buying process and not a selling process, the steak dinner and golf game are out, the length of the sales cycle has shortened, and so on. Many of the … Continue reading “Another Way SaaS Changes Everything”

SAP Snaps Up E-commerce Tech Biz Hybris, Plans to Keep It Independent

Enterprise software company SAP announced Wednesday it acquired e-commerce software company hybris, which has its U.S. headquarters in New York and offices in Boston. The deal is expected to close by the third quarter with hybris operating as an independent business within its new parent company. Germany-based SAP said it plans to combine its technology … Continue reading “SAP Snaps Up E-commerce Tech Biz Hybris, Plans to Keep It Independent”

ASCO Wrap-Up: Cancer News from the East, South, & Rockies

The herds who attended the American Society of Clinical Oncology have now gone home after a frenzied few days of absorbing what’s new in cancer R&D. Yesterday, I wrapped up some of the big news from cancer drugmakers on the West Coast, and now I’m attempting to hit the highlights of companies from the other … Continue reading “ASCO Wrap-Up: Cancer News from the East, South, & Rockies”

Amazon’s Grocery Expansion: A Match Made in Sales-Tax Heaven

In Amazon’s hometown of Seattle, people are pretty used to the sight of bright green Amazon Fresh trucks zipping around the city, loaded down with containers and bags full of groceries delivered to their door. Now it’s looking like folks in other cities might start getting a taste of Amazon’s grocery deliveries. And they’ve got … Continue reading “Amazon’s Grocery Expansion: A Match Made in Sales-Tax Heaven”

Handshake Garners $1,500,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=136e743c-22bc-4c41-9d3e-2068e081c720&Preview=1 Date 6/5/2013 Company Name Handshake Mailing Address 72 Allen St New York, NY 10002 Company Description Handshake is a sales order management platform that lets your team write and receive orders on the iPad, iPhone and Web. Handshake is used globally by sales reps and teams selling B2B, to present their … Continue reading “Handshake Garners $1,500,000 Seed Round”

Maxymiser Receives New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bfb603da-d95e-4056-8962-235a0a274fd7&Preview=1 Date 6/5/2013 Company Name Maxymiser Mailing Address 532 Broadway 10th Floor New York, NY 10012 Company Description Maxymiser is the global expert in multivariate testing, personalization and optimization solutions. Website http://www.maxymiser.com Transaction Type Debt Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes These facilities will allow Maxymiser to further accelerate its … Continue reading “Maxymiser Receives New Funding Round”

Merchant Exchange Obtains $1,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c1235e27-b327-4c5f-abde-9c6feaa6614c&Preview=1 Date 6/5/2013 Company Name Merchant Exchange Mailing Address 145 W 28th St New York, NY 10001 Company Description Merchant Exchange is your personal gateway to the merchants you love. With a personalized feed of brand content and a dashboard of your loyalty programs, Merchant Exchange keeps you plugged in to the … Continue reading “Merchant Exchange Obtains $1,000,000 New Financing Round”

Sunrise Lands $2,200,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0e79f486-cdc1-489e-bd0e-ef00cd86d1dc&Preview=1 Date 6/5/2013 Company Name Sunrise Mailing Address Undisclosed New York, NY 10280 Company Description Sunrise is a free calendar app made for Google Calendar users. Designed with love, Sunrise is a new experience that will make your life easier. Website http://www.sunrise.am Transaction Type Venture Equity Transaction Amount $2,200,000 Transaction Round Seed … Continue reading “Sunrise Lands $2,200,000 Seed Financing”

IBM Buying SoftLayer in Cloud-Computing Wars

IBM announced Tuesday it is acquiring Dallas-based SoftLayer, which will serve as the keystone for its new cloud service division, along with IBM’s SmartCloud franchise. Terms of the deal were not disclosed, but published estimates speculate it was a $2 billion purchase price. The acquisition comes as the Armonk, NY-based computing giant seeks to buttress … Continue reading “IBM Buying SoftLayer in Cloud-Computing Wars”

Edge Therapeutics Raises $18M to Better Treat Head Injuries

Edge Therapeutics believes it can combat the delayed, life-threatening effects that can happen days or weeks after aneurysms and severe head injuries by tweaking well-known drugs. With its biggest financial haul to date, the New Providence, NJ-based biotech will get its first chance to test that thesis on a large scale by putting its lead … Continue reading “Edge Therapeutics Raises $18M to Better Treat Head Injuries”

Zynga to Shutter Offices in New York, Dallas, LA—Game Over for OMGPOP

The crops seem to be withering in the land of “FarmVille.” When social game company Zynga (Nasdaq: [[ticker:ZNGA]]) announced on Monday plans to cut 520 employees, about 18 percent of its overall staff, its New York, Los Angeles, and Dallas offices reportedly landed on the chopping block. Zynga did not immediately respond to requests for … Continue reading “Zynga to Shutter Offices in New York, Dallas, LA—Game Over for OMGPOP”