Category: New York

Advion BioSciences Lands $2,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b6723315-e1e6-4b25-a252-27e8d500a0ae&Preview=1 Date 11/20/2012 Company Name Advion BioSciences Mailing Address 10 Brown Road Ithaca, NY 14850 Company Description Advion BioSciences, Inc. was founded in 1993 based on the novel techniques developed within the Cornell University laboratory of Dr. Jack Henion, a leading researcher in the field of LC/MS. The company’s vision was to … Continue reading “Advion BioSciences Lands $2,000,000 New Round”

Ogmento Lands $3,023,427 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ce9738e4-b3f2-47c6-b1e8-5f388deee5d8&Preview=1 Date 11/20/2012 Company Name Ogmento Mailing Address 176 Broadway Ph-C New York, NY 10038 Company Description Ogmento was founded in 2009 by industry veterans committed to developing Augmented Reality Games. By fusing real and virtual worlds Ogmento is spearheading the next generation of video games that are played in the real … Continue reading “Ogmento Lands $3,023,427 New Funding Round”

Celgene, Sanofi, Stryker Execs Charged With Insider Trading

Three high-powered New Jersey pharmaceutical executives from Celgene (NASDAQ: [[ticker:CELG]]), Sanofi (NYSE: [[ticker:SNY]]), and Stryker (NYSE: [[ticker:SYK]]) were charged today with insider trading by the U.S. Securities and Exchange Commission and the U.S. Attorney’s Office. The SEC said in a statement that the three were part of a ring of former high school buddies and wine … Continue reading “Celgene, Sanofi, Stryker Execs Charged With Insider Trading”

Pfizer, Cystic Fibrosis Foundation in $58 Million Pact

The Cystic Fibrosis Foundation says it has agreed to invest up to $58 million over six years to expand its drug development partnership with New York-based Pfizer (NYSE: [[ticker:PFE]]), in an attempt to speed up the development of drugs that will treat people with the most common mutation associated with the deadly lung disease. Pfizer … Continue reading “Pfizer, Cystic Fibrosis Foundation in $58 Million Pact”

Mobile Madness NY: The Big Agenda for Our Dec. 4 Forum

We’re really excited about the group we’ve assembled for Mobile Madness New York, our Dec. 4 conference exploring the ways that mobile computing is transforming commerce, entrepreneurship, publishing, big business, and more. And today, we’re announcing the full lineup for this premier tech event, part of our multi-city Mobile Madness series that also includes Boston, … Continue reading “Mobile Madness NY: The Big Agenda for Our Dec. 4 Forum”

Stanford’s Mike Snyder is Showing the Way With Personalized Medicine

Say the words “personalized medicine” to people from various walks of life, and you’re likely to get one of about four different reactions. A. “Personalized medicine? What’s that?” (Usually spoken by 99 percent of patients.) B. “Personalized medicine will bankrupt the country with expensive new diagnostic tests, and overrated targeted drugs.” (Usually spoken by health … Continue reading “Stanford’s Mike Snyder is Showing the Way With Personalized Medicine”

Winklevoss Twins Lead Investors in $1M Seed Round for Hukkster

Wrapping up an early holiday present, New York startup Hukkster closed on a $1 million seed round this week. Hukkster’s Web-based “bookmarklet” service alerts users when online prices drop on items they want to purchase. Internet entrepreneurs Cameron and Tyler Winklevoss led a new $750,000 investment in Hukkster, with participation from angel investors who also … Continue reading “Winklevoss Twins Lead Investors in $1M Seed Round for Hukkster”

East Coast Life Sciences Roundup: Bristol-Myers, Alnylam, Merck, & More

The East Coast produced some good news this week about treatments for hepatitis C, some big deals, and at long last, hope for victims of bedbugs. —Advances against deadly hepatitis C dominated biotech news at the beginning of the week as several very positive clinical trial results were reported for oral treatments at the annual … Continue reading “East Coast Life Sciences Roundup: Bristol-Myers, Alnylam, Merck, & More”

GramercyOne now Booker, Sharpens Strategy and Unveils Deals Service

Adopting the name of its chief product, New York’s GramercyOne became Booker Software on Tuesday, and in 2013 plans to take its automated deal-making service out of a pilot phase and make it available to more businesses. Companies such as hair salons, spas, fitness centers, chiropractors, and photographers use the two-year-old startup’s cloud-based platform to … Continue reading “GramercyOne now Booker, Sharpens Strategy and Unveils Deals Service”

Worldwide Investor Network Pairs Foreign Startups, NY Money

There are some 300 incubators outside the U.S. nurturing hundreds of innovative startup companies, according to Eyal Bino, founder of Worldwide Investor Network. But few of these enterprises attract the interest of U.S. investors, particularly in New York, where the money is. That’s where Bino comes in. “I want to turn New York into the … Continue reading “Worldwide Investor Network Pairs Foreign Startups, NY Money”

Forest Labs, Adamas in Pact to Develop Alzheimer’s Drug Combo

In a play to extend the life of its top-selling Alzheimer’s drug memantine (Namenda XR) beyond its patent expiration, New York-based Forest Laboratories (NYSE: [[ticker:FRX]]) agreed to pay Adamas Pharmaceuticals up to $160 million to help develop a single pill combining the drug with a generic Alzheimer’s treatment. Under the agreement, Forest will pay Adamas, based in Emeryville, CA, … Continue reading “Forest Labs, Adamas in Pact to Develop Alzheimer’s Drug Combo”

Janssen Forms “Investigator Databank” to Help Streamline Drug Trials

In a bid to ease the administrative burden on the scientists who run clinical trials, J&J’s Janssen Research & Development is today unveiling a global initiative to standardize and share key information that drug companies require to vet clinical trial sites and ensure they meet industry requirements. The effort is part of a broader attempt … Continue reading “Janssen Forms “Investigator Databank” to Help Streamline Drug Trials”

MAZ Digital Secures $1,000,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d1341d93-3037-4abe-83e9-9abeaa10cbdb&Preview=1 Date 11/15/2012 Company Name MAZ Digital Mailing Address PO Box 134 Pleasantville, NY 10570 Company Description MAZ Digital Inc., provider of a cloud-based digital publishing service for tablet and mobile devices. Website http://www.mazdigital.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Seed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “MAZ Digital Secures $1,000,000 Seed Financing”

Hukkster Secures $1,000,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9caea7ae-7bc2-4ba1-8e9c-bb5e9fe57bac&Preview=1 Date 11/15/2012 Company Name Hukkster Mailing Address Undisclosed New York, NY 10022 Company Description The Hukkster website and service lets online shoppers “hukk” or mark items that they covet, from stores across the Internet, and receive alerts by email or text message when the prices on those items drop to a … Continue reading “Hukkster Secures $1,000,000 Seed Round”

Creating a Strong and Sustainable Innovation Culture

Steve Jobs, one of the greatest innovators of our time, famously said, “Innovation has nothing to do with how many R&D dollars you have…It’s about the people you have, how you’re led, and how much you get it.” Jobs’ quote is one that I work to embody every day in my role as CEO of … Continue reading “Creating a Strong and Sustainable Innovation Culture”

Inside Verizon’s Innovation Center: Home Health, Virtual Retail, & More

A wireless telecom giant with a strong local presence is working on some surprising projects. If they pan out, those projects—and the various products they’re spawning—could potentially change the balance of power in the tech ecosystem. Verizon Wireless, headquartered in Basking Ridge, NJ, employs 75,000 people and brought in $70 billion in revenue last year. … Continue reading “Inside Verizon’s Innovation Center: Home Health, Virtual Retail, & More”

Percolate Obtains $9,000,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bfc9dc48-6b07-4725-82bc-bd883a102ae5&Preview=1 Date 11/14/2012 Company Name Percolate Mailing Address 42 Bond St. 6th Floor New York, NY 10012 Company Description Percolate bubbles up interesting content from around the web and presents it back to a brand editor to add a comment and publish back out to social channels and websites. Website http://www.percolate.com Transaction … Continue reading “Percolate Obtains $9,000,000 Series A Financing”

10gen Garners New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4e5ded08-485e-4a76-9643-d5e9df2ee157&Preview=1 Date 11/14/2012 Company Name 10gen Mailing Address 578 Broadway Seventh Floor New York, NY 10012 Company Description 10gen develops MongoDB, and offers production support, training, and consulting for the open source database. Website http://www.10gen.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes 10gen will use the financing … Continue reading “10gen Garners New Financing Round”

Forbes Healthcare Summit 2012

The theme of the conference is Healthcare in America: Prescription for Change, and the program focuses on finding solutions that will place US healthcare on a sustainable track. Leaders from the highest levels of their fields will take part,, including Food & Drug Administration Commissioner Margaret Hamburg, to provide a unique networking opportunity. Information on … Continue reading “Forbes Healthcare Summit 2012”

Mobile Drives Year-End Hopes, 2013 Outlook for Consumer Electronics

Betting on ramped-up demand for tablets, phablets, and smartphones, the Consumer Electronics Association offered a somewhat prosperous outlook on Monday for holiday sales and beyond. Researchers from the organization shared their perspectives at a press event in New York talking about where consumer gadgets may be headed in advance of January’s International CES conference. The … Continue reading “Mobile Drives Year-End Hopes, 2013 Outlook for Consumer Electronics”

Saver Rate Expires Today for Mobile Madness New York Dec. 4

We’re getting closer to the Dec. 4 kick-off for Mobile Madness New York, the Big Apple debut of our premier conference on how the explosion of  mobile computing is changing the technology industry. And if you haven’t gotten your tickets yet, take note—the saver rate for this power-packed program is expiring after today. You’ll want … Continue reading “Saver Rate Expires Today for Mobile Madness New York Dec. 4”

Hepatitis C Treatments from Gilead, Abbott Wow Liver Meeting

This weekend demonstrated what a difference a year makes for Cambridge, MA-based Vertex  (NASDAQ: [[ticker:VRTX]]). At the annual meeting of the American Associaton for the Study of Liver Diseases in Boston Nov 9-13, Abbott Laboratories (NYSE:[[ticker:ABT]]) and Gilead Sciences (NASDAQ: [[ticker:GILD]]), along with a few other companies, presented promising data on new paradigms for the treatment … Continue reading “Hepatitis C Treatments from Gilead, Abbott Wow Liver Meeting”

MoJiva Obtains $7,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=943b2c4f-c67f-4405-87b3-f3ff2fbcd556&Preview=1 Date 11/13/2012 Company Name MoJiva Mailing Address 136 Baxter Street New York, NY 10013 Company Description A powerful yet simple-to-use self-service Mobile Advertising Toolkit which makes it fantastically easy to create and deliver location based hyper-targeted mobile ads. Website http://www.MoJiva.com Transaction Type Venture Equity Transaction Amount $7,000,000 Transaction Round Undisclosed Proceeds … Continue reading “MoJiva Obtains $7,000,000 New Funding”

Amicus Receives $3,200,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=03c5e7aa-da47-4d63-b5c4-2ca5798e6d56&Preview=1 Date 11/13/2012 Company Name Amicus Mailing Address 902 Broadway Fourth Floor New York, NY 10010 Company Description Amicus empowers cause-driven organizations to leverage the social networks of their supporters, raise more money, attract more members, and win more votes. Website http://www.amicushq.com Transaction Type Venture Equity Transaction Amount $3,200,000 Transaction Round Undisclosed … Continue reading “Amicus Receives $3,200,000 New Financing Round”

Who Are Biotech’s New Go-To Investment Bankers?

[Updated: 2:40 pm PT] Not that long ago, biotech executives weren’t sure who to call on Wall Street, or whether anyone would answer the phone. In late 2008 and early 2009, nobody could say for sure who would still be around in a couple years to supply capital to aspiring drugmakers. Partly inspired by all … Continue reading “Who Are Biotech’s New Go-To Investment Bankers?”

NM Incite Acquires SocialGuide for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=74a85dda-b451-4a6c-8259-4793a99c4266&Preview=1 Date 11/12/2012 Company Name SocialGuide Mailing Address 68 Jay St. Brooklyn, NY 11201 Company Description The company operates a website that allows users to find out what’s on television in a social network format. Website http://www.socialguide.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of … Continue reading “NM Incite Acquires SocialGuide for Undisclosed Sum”

Healthcare Information Technology: Change, Outlook and Opportunity

The Life Sciences Angel Network presents this conference highlighting topics critical to building a successful company in healthcare information technology, including the healthcare system’s complexity from the point of view of hospital executives and FDA regulators. Panelists, including noted tech guru and angel investor Esther Dyson, will discuss the real-world successes and failures of experienced … Continue reading “Healthcare Information Technology: Change, Outlook and Opportunity”

New York Pharma Forum 2012 General Assembly

The New York Pharma Forum’s general assembly will feature a high-powered panel discussing “Creative Investments and Partnerships to Stimulate Innovation,” exploring how innovation can be fostered through creative investments and partnerships involving industry, academia and government. The program will feature a case study of New York City’s biotech initiative with Cornell University and will showcase … Continue reading “New York Pharma Forum 2012 General Assembly”

Funding the Best in Global Innovation

Worldwide Investor Network brings premier NYC-based investors together with promising technology startups from around the world for  this two day event, which includes mentoring and networking opportunities, speaker panels, and startup pitches designed to identify and accelerate funding for participating enterprises.  Registration details are here.      

Detroit Nation Connects Ex-Pats, Entrepreneurs In Need of Mentorship

Detroit Nation, a new organization of Motor City ex-pats who want to help with the city’s revitalization from afar, will kick off its Drive program next week with events in Ann Arbor, MI, and Chicago. The purpose of Detroit Nation, says program manager Meg Pouncy, is to connect national mentors from all walks of life … Continue reading “Detroit Nation Connects Ex-Pats, Entrepreneurs In Need of Mentorship”

Mark Cuban, Others Talk Future of Amazon, Apple, Facebook, & Google

Closing out the two-day ad:tech NY digital marketing conference yesterday, Dallas Mavericks owner and technology investor Mark Cuban offered some strong opinions on basically everything. Cuban participated in a panel—moderated by CNET.com executive editor Molly Wood—that examined what technology power players Google, Apple, Facebook, and Amazon do right as well as possible trouble each company … Continue reading “Mark Cuban, Others Talk Future of Amazon, Apple, Facebook, & Google”

Xconomy’s Post-Election Innovation Priority Poll—The Results

Mr. President, the country’s innovation leaders have spoken. Yesterday, just to keep the election fun going, we asked our readers—entrepreneurs, investors, technologists, executives, or just anyone interested in the business of technology—to weigh in on the things they thought were most important for you and the new Congress to focus on when it comes to … Continue reading “Xconomy’s Post-Election Innovation Priority Poll—The Results”

10 Kickstarter Projects Every Geek Should Support

[Updated 6/5/2014] We’re living in a golden age for creators and entrepreneurs. If you don’t believe me, just look back about a decade and try to remember how hard it was to publish a book, make a movie, record an album, raise a seed round for your startup, get your software onto a mobile phone, … Continue reading “10 Kickstarter Projects Every Geek Should Support”

East Coast Life Sciences Roundup: EpiCept, Boston Scientific, & More

It was a big week for mergers and clinical trial advances for life sciences companies on the East Coast, with one company buying, another merging into an Israeli firm, and two others advancing against cardiovascular disease and obesity. —On Thursday EpiCept  (NASDAQ: [[ticker:EPCT]]), based in Tarrytown, NY, announced that it will merge with Immune Pharmaceuticals, a … Continue reading “East Coast Life Sciences Roundup: EpiCept, Boston Scientific, & More”

Qloo Secures $1,400,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ebdc3604-cbf0-42c0-ba25-262e4e47e670&Preview=1 Date 11/9/2012 Company Name Qloo Mailing Address 195 Bowery 3rd Floor New York, NY 10002 Company Description Qloo is a cultural discovery platform that empowers members to discover new things and places based on their existing taste in any area. Qloo serves personalized suggestions for: music, film, TV, dining, nightlife, fashion, … Continue reading “Qloo Secures $1,400,000 Seed Financing”

Priceline Buys Kayak, Consolidating Online Travel Brands

A big deal today in online travel, with competitive implications for companies from coast to coast: Priceline.com, a stalwart of the industry, is buying up newer competitor Kayak in a cash-and-stock deal worth about $1.8 billion. It’s a pretty quick sale for Kayak, which just made its public-market debut this summer. Both Priceline (NASDAQ: [[ticker:PCLN]]) … Continue reading “Priceline Buys Kayak, Consolidating Online Travel Brands”

Fred Wilson Discusses Ads, Mobile, and Crowdfunding at Ad:Tech NY

No one has discovered a magic formula for the best way to leverage digital advertising. However, it never hurts to take a bit of advice from venture capitalist Fred Wilson, managing partner of Union Square Ventures in New York. He spoke Wednesday afternoon at the ad:tech New York digital marketing conference, discussing “Tomorrow’s Digital Landscape” … Continue reading “Fred Wilson Discusses Ads, Mobile, and Crowdfunding at Ad:Tech NY”

Xconomist of the Week: Lisa Suennen on Healthcare Reform Post-Election

It’s been a stress-inducing year for innovators in the healthcare arena. The Patient Protection and Affordable Care Act, which calls for the creation of state exchanges to extend health insurance to millions of people who currently lack coverage, passed Congress by a slim margin in 2010 and has been under assault by Republicans ever since. … Continue reading “Xconomist of the Week: Lisa Suennen on Healthcare Reform Post-Election”

GNS to Use Big Data to Fight Multiple Myeloma

Big data is transforming all kinds of endeavors, as technology leaders highlighted at Xconomy’s packed event in Boston last month, “The Future of Big Data.” Now, thanks to advances in deciphering genomics, big data is also being enlisted in the war on cancer. Today, GNS Healthcare of Cambridge, MA, announced that it is collaborating with Dana-Farber … Continue reading “GNS to Use Big Data to Fight Multiple Myeloma”

Xconomy’s Post-Election Innovation Priority Poll

[Updated, Nov. 9—The polls are closed. But you can see the results here–Eds] The election is over. But as we all know, the really hard part—finding ways for our newly elected and reelected leaders to work together to move the country forward—still remains. There is work to be done on a multitude of fronts, of … Continue reading “Xconomy’s Post-Election Innovation Priority Poll”

Conductor Helps Companies Compete for Prime Spots in Web Searches

Every company wants to be first, especially when it comes to marketing on the Web. Getting brand names and links at the top of search results may attract more customers, but figuring out how to grab and hold onto such prime spots can be confusing. That’s where Conductor, a New York-based search engine optimization technology … Continue reading “Conductor Helps Companies Compete for Prime Spots in Web Searches”

LongTail Video Garners $5,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4d6ce201-19f6-4fad-b9ac-9908693cd1bc&Preview=1 Date 11/7/2012 Company Name LongTail Video Mailing Address 134 Fifth Avenue 5th Floor New York, NY 10011 Company Description LongTail Video is a New York-based startup that has pioneered the web video market. Our flagship product the – JW Player – is active on over one million websites and streams billions … Continue reading “LongTail Video Garners $5,000,000 Series B Funding”

Medialets Receives $10,000,000 Series C Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d4b81373-75d0-4f5a-8c37-d82391d2ec69&Preview=1 Date 11/7/2012 Company Name Medialets Mailing Address 450 W. 15th Street New York, NY 10011 Company Description Medialets is a New York City-based rich media advertising and analytics platform for native applications on devices such as iPhone and Android. Medialets works with agencies and brands to define and deploy innovative ad … Continue reading “Medialets Receives $10,000,000 Series C Financing Round”

Mobile Madness NY Dec. 4 Preview: 3 Core Ideas From Roger Ehrenberg

What’s true about our mobile future—and what is overblown or missing the point? Amidst lots of predictions, gazillions of apps, and a fair bit of hype, sorting this out is key for thousands of startups, investors, and consumers. And we at Xconomy hope to unearth some real insights into this question at our Mobile Madness … Continue reading “Mobile Madness NY Dec. 4 Preview: 3 Core Ideas From Roger Ehrenberg”

Mobile Commons Helps NY, NJ Voters Get to Polls

As if New York and New Jersey residents didn’t have enough logistical nightmares to deal with in the aftermath of Hurricane Sandy, they also have to figure out where they can vote. New York Mayor Michael Bloomberg announced on Sunday that at least 59 polling places throughout the city cannot open because of storm damage … Continue reading “Mobile Commons Helps NY, NJ Voters Get to Polls”

Rescuing Patent-Less Proteins from the Drug Development Dustbin

“Observe due measure, for right timing is in all things the most important factor.” The Greek poet Hesiod wasn’t referring to the drug development process when he wrote these words, but they certainly apply to that setting. Back in the early days of the biotechnology industry, a number of newly identified proteins were considered for … Continue reading “Rescuing Patent-Less Proteins from the Drug Development Dustbin”

24/7 Techies Secures $600,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=628dc795-4240-4e57-a2e5-68295559e76e&Preview=1 Date 11/6/2012 Company Name 24/7 Techies Mailing Address 295 Greenwich St. Wall St. New York, NY 10007 Company Description We are 24/7 Techies. We have served thousands of small businesses in the US, Canada, UK and Australia, for whom we manage thousands of desktops, servers, smart devices and peripherals. We know … Continue reading “24/7 Techies Secures $600,000 Seed Round”