Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2fb3fa2f-51c5-4425-98e4-e13da5fb18c7&Preview=1 Date 11/17/2011 Company Name Medivo Mailing Address 55 Broad Street 16th Floor New York, NY 10004 Company Description Medivo is dedicated to improving medical treatment through faster, easier access to testing services and actionable information. Website http://www.medivo.com Transaction Type Venture Equity Transaction Amount $7,000,000 Transaction Round Series A Proceeds Purposes The … Continue reading “Medivo Obtains $7,000,000 Series A Funding Round”
Category: New York
StartupBus: Accelerate
This six-hour intensive workshop is designed for entrepreneurs at all levels. Among the topics discussed will be crafting a pitch, finding investors, revenue generation, “Demo Driven Development,” and marketing. Facilitators include Igor Lebovic, head of About.com’s CalorieCount team, marketing and digital consultant Brian Fountain, and Subjot founder Chris Carella. Register here.
How to Get Your First Million Users
General Assembly presents an evening with Michael Geer, founder of Badoo, who will share key lessons learned from idea-stage through its current status as a booming network with 100 million users and $100 million in revenue. Topics will include successful product design, viral marketing, and achieving rapid global growth. Register here.
NYEBN Startup Pitch Series
New York Entrepreneurs Business Network hosts this evening of pitches and judging, plus pizza and drinks. The panel of judges includes Geoff Schneider, managing partner at Cava Capital; Kirill Sheynkman, managing director at RTP Ventures; Maneesh Sagar, managing partner at Visium; and Sachin Jade, managing partner at Klifer Capital. Register here.
Riverside Chats Speaker Series: Technology Transfer
Memorial Sloan-Kettering Cancer Center’s Office of Technology Development hosts this panel discussion on how to work with your technology transfer office. Speakers include Kathleen Denis, associate v.p. at the Rockefeller University Office of Technology Transfer; Andrew Maslow, director of the Office of Technology Development at Memorial Sloan-Kettering Cancer Center; and Brian Kelly, director of technology … Continue reading “Riverside Chats Speaker Series: Technology Transfer”
TEDx Columbia Engineering
Columbia University’s independently organized TED event will be a day filled with presentations on innovation in areas ranging from organic chemistry to economics, and from engineering to entertainment. The three sessions—health, sustainability, and technology information–will allow attendees to learn about the latest ideas in these field as well as how to convert their inventions into … Continue reading “TEDx Columbia Engineering”
Founding a Life Sciences Company
Learn the legal and accounting aspects of starting up a life sciences company at this lunchtime seminar sponsored by Columbia Technology Ventures. The event will cover such topics as choice of entity, allocating the rights of equity owners, accounting issues and projections, and negotiations between owners and investors on valuation. Speakers include Stephen M. Goodman, … Continue reading “Founding a Life Sciences Company”
Join Us for a Live “Tweetchat” on the Biotech VC Crisis with Daphne Zohar of PureTech Ventures
The biotech VC world is in crisis. Just in the space of a few weeks, some venerable names have made some disturbing news. Prospect Venture Partners said it was unable to raise a new fund, Morgenthaler Ventures and Advanced Technology Ventures said they are splitting off their life sciences teams to raise a new merged … Continue reading “Join Us for a Live “Tweetchat” on the Biotech VC Crisis with Daphne Zohar of PureTech Ventures”
NYC BigApps Hackathon Gives Young Whizzes a Jumpstart at Entrepreneurship
Eric Rafaloff, creator of the Can I Park Here app, may have been destined to join New York’s startup community. After he got his first computer when he was eight years old, he wanted to learn how software worked at deeper levels. Now a young man of 19, Rafaloff took first place at last weekend’s … Continue reading “NYC BigApps Hackathon Gives Young Whizzes a Jumpstart at Entrepreneurship”
Prism Solar Technologies Lands $4,485,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7cece713-b9a5-48b2-b894-891caf9303e0&Preview=1 Date 11/16/2011 Company Name Prism Solar Technologies Mailing Address 180 South Street Highland, NY 12528 Company Description Prism Solar Technologies, Inc. manufactures a new type of photovoltaic module that uses transparent holographic optical elements in its design. This innovative, patented holographic technology, collects and spectrally selects useful wavelengths from the sun … Continue reading “Prism Solar Technologies Lands $4,485,000 New Funding”
Turnaround CEO Shores Up Strategy for Unigene Based on Big Pharma Partnerships
When Ashleigh Palmer joined Boonton, NJ-based biotech company Unigene Laboratories as CEO in mid-2010, he faced a turnaround challenge that others might have considered way too daunting. The 30-year-old company was struggling to make money from a disjointed set of assets, which included a promising but, in Palmer’s view, under-marketed technology that could be used … Continue reading “Turnaround CEO Shores Up Strategy for Unigene Based on Big Pharma Partnerships”
Reinventing the Board Part II: The Role of the Chair in Increasing Board Effectiveness
Technology companies’ boards of directors need better leadership. I made a case last month about reinventing the board of directors by treating the board as a team and doing annual assessments against company needs. Boards that are structurally more aligned with their company’s operations are better able to help them achieve success-or at least reduce … Continue reading “Reinventing the Board Part II: The Role of the Chair in Increasing Board Effectiveness”
AppBrick Is Out to Add Life To “Flat” E-Books with an Interactive Layer
Vijay Gaur sees the book going in the same direction that the mobile phone has. “We are converting a book into a platform,” says Gaur. “Your phone is becoming more powerful by applications. We are now applying that same concept to books.” That’s the idea behind his Medford, MA-based startup, AppBrick. The company, which graduated … Continue reading “AppBrick Is Out to Add Life To “Flat” E-Books with an Interactive Layer”
Hey, Where Is Everybody Going? The Flight from Healthcare Investing
If you are simply reading the paper or engaging in any random cocktail party conversation these days, it doesn’t take long before you are reading or talking about healthcare. Health and healthcare issues have been a dominant topic in the national media since the 2008 Presidential election and have been constantly in the news as … Continue reading “Hey, Where Is Everybody Going? The Flight from Healthcare Investing”
Salorix Raises $3.5M in Series A Round with Nexus Venture Partners and Inventus Capital Partners
Social media marketing and analytics firm Salorix in Santa Clara, CA said in a press release Monday it raised $3.5 million in a Series A round co-led by Nexus Venture Partners and Inventus Capital Partners. Salorix, which also has offices in New York, was founded in 2009. Its platform is used by brands and ad … Continue reading “Salorix Raises $3.5M in Series A Round with Nexus Venture Partners and Inventus Capital Partners”
Reengineering Capitalism
In the fading months of 2011, we find ourselves in an uncertain world. On the one hand, America is still reeling from the 2008 financial crisis, and the nation’s faith in free-market capitalism as its guiding principle has been shaken to the core. On the other hand, Europe is reeling under the burdens of socialism … Continue reading “Reengineering Capitalism”
The Herman Cain-Inspired “1-100-0” Plan for Personalized Medicine?
You could feel Herman Cain’s presence last week on the biotech beat. And there was a lot of grousing about it. Cain, the Republican presidential candidate known for his simple 9-9-9 tax plan and some dubious extra-curricular activities, didn’t attend the Personalized Medicine Conference at Harvard Medical School. But a former advisor to President Obama, … Continue reading “The Herman Cain-Inspired “1-100-0” Plan for Personalized Medicine?”
Live Gamer Receives $7,926,935 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8261b0aa-f420-4a2f-98e4-3b0e0073faf4&Preview=1 Date 11/14/2011 Company Name Live Gamer Mailing Address 678 Broadway Fifth Floor New York, NY 10012 Company Description Live Gamer enables a complete marketplace solution for the player-to-player trading of virtual items. Through our partnerships with leading publishers and developers worldwide, players now have a convenient, secure, and reliable outlet to … Continue reading “Live Gamer Receives $7,926,935 New Financing Round”
Walt Disney Co. Acquires Babble Media for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=30355f57-c41c-4919-8b0e-ad3753291bb4&Preview=1 Date 11/14/2011 Company Name Babble Media Mailing Address 520 Broadway Ninth Floor New York, NY 10012 Company Description The company operates as an online magazine and community for new generation parents. Website http://www.babble.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were … Continue reading “Walt Disney Co. Acquires Babble Media for Undisclosed Sum”
Klip: iPhone Video Sharing Refined to A High Art
Put high-quality cameras into devices with broadband wireless connections. Add powerful smartphone operating systems like iOS or Android and app-store ecosystems like iTunes and the Android Market. Mix in some sloth and disinterest on the part of established photo-sharing destinations like Flickr, Facebook, and Twitter. Under these conditions, it was probably inevitable that entrepreneurs would … Continue reading “Klip: iPhone Video Sharing Refined to A High Art”
Bluefin Labs and SocialGuide Push Competing Technology to Make Social Data Useful to TV Networks and Advertisers
It is not even Thanksgiving and it has already been a busy November for Bluefin Labs, a Cambridge, MA-based provider of analytics gleaned from the wealth of comments in the social sphere about television shows. Bluefin Labs, backed by Acacia Woods Ventures, Lerer Ventures, Redpoint Ventures, and others, was among the startups presenting their ideas … Continue reading “Bluefin Labs and SocialGuide Push Competing Technology to Make Social Data Useful to TV Networks and Advertisers”
Merck Unveils Alzheimer’s and Diabetes Projects, Personnel Changes
Merck (NYSE: [[ticker:MRK]]) outlined progress on several of the drugs in its pipeline today during its annual R&D and business briefing for Wall Street analysts and investors, which was held at the drug giant’s Whitehouse Station, NJ headquarters. CEO Kenneth Frazier began the day by acknowledging that Wall Street has been impatient with the company’s progress … Continue reading “Merck Unveils Alzheimer’s and Diabetes Projects, Personnel Changes”
Dispatch Garners $965,000 Seed Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=390681c2-5214-4e11-b354-1b8e8e2aa105&Preview=1 Date 11/10/2011 Company Name Dispatch Mailing Address 841 Broadway 8th Floor New York, NY 10003 Company Description Dispatch makes sending files to people easier than ever before. You simply package up files from any of your services and send them to anyone you know via Facebook, Twitter, Google Contacts or Linkedin, … Continue reading “Dispatch Garners $965,000 Seed Financing Round”
Seven Innovation Policy Ideas to Spark an Economic Recovery in the U.S.
In San Diego, Connect is the non-profit organization that reaches into most corners of the local innovation community. Connect likes to say that it has assisted in the formation of more than 3,000 technology and life sciences companies in the area, and more than 50 cities around the world have emulated its programs for mentoring … Continue reading “Seven Innovation Policy Ideas to Spark an Economic Recovery in the U.S.”
Evidon, Backed by Warburg Pincus, Ups Its Funding to $16.75M
According to a regulatory filing posted on Tuesday, ad-privacy compliance tech company Evidon in New York amended the funding it has raised to $16.75 million—up from $12.5 million in July. The company is backed by private equity firm Warburg Pincus. Evidon did not immediately respond to requests for more details on the funding amendment. Evidon, … Continue reading “Evidon, Backed by Warburg Pincus, Ups Its Funding to $16.75M”
HackNY Connects Future Innovators to New York’s Startup Scene
Eager to build on the momentum in New York’s burgeoning startup community, the hackNY program offers college students from across country a taste of the city’s tech scene. The program, started some 18 months ago, is led by co-founders Evan Korth, faculty liaison for technology entrepreneurship at NYU, and Chris Wiggins, associate professor in the … Continue reading “HackNY Connects Future Innovators to New York’s Startup Scene”
Medialets Obtains $8,424,569 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8788b177-d9f1-4ef7-8ef8-4ab43c7e476a&Preview=1 Date 11/9/2011 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 Obtains $8,424,569 Series B Funding”
BiteHunter Receives $800,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4603e6b0-2401-4142-904a-66738366be64&Preview=1 Date 11/9/2011 Company Name BiteHunter Mailing Address 95 Morton St New York, NY 10014 Company Description BiteHunter.com is your real-time search engine for dining happenings and activities. Website http://www.bitehunter.com Transaction Type Venture Equity Transaction Amount $800,000 Transaction Round Undisclosed Proceeds Purposes The funding will be used to provide additional resources for … Continue reading “BiteHunter Receives $800,000 New Round”
Will Technology Let Us Avoid the Limits to Growth?
This meeting, sponsored by the New York Academy of Sciences, will assess the state of the world economic-environmental complex as it is now, compared to the possible paths projected in the controversial 1972 book The Limits to Growth. Featured speakers include the book’s author, Dennis Meadows, and Thomas Graedel of the Center for Industrial Ecology at … Continue reading “Will Technology Let Us Avoid the Limits to Growth?”
LoCreep Launches with Laughs at NY Tech Meetup
The college students behind New York’s LoCreep deserve credit for the showmanship they displayed at the NY Tech Meetup on Nov. 2, when they officially launched of a Web app designed to hinder so-called creeps in the dating pool. LoCreep team members Andres Campanella and Misha Ponizil, with a little help from former TechStars NY … Continue reading “LoCreep Launches with Laughs at NY Tech Meetup”
The Wisdom of the Crowd: Social Networking Meets Capital Formation
Last year I had a chance to visit Washington D.C. and tour the Washington Monument. I later learned that this magnificent national icon was, in fact, an early example of crowd funding. Crowd funding is the process of aggregating small amounts of money from a large number of people in order to accomplish great things. … Continue reading “The Wisdom of the Crowd: Social Networking Meets Capital Formation”
Calcbench Looks to Help Budget-Minded Analysts Crunch Financial Data
Calcbench, a new startup working out of Cambridge, MA and New York, came to being from an app design challenge put on by the people behind XBRL, a technology standard the SEC requires public companies to use in reporting financial data. Yes, the terms app challenge and SEC did in fact appear in the same … Continue reading “Calcbench Looks to Help Budget-Minded Analysts Crunch Financial Data”
Intent Media Lands $20,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f26457ac-a9ea-4d99-95f2-80b6af8823a5&Preview=1 Date 11/8/2011 Company Name Intent Media Mailing Address 180 Varick Street New York, NY 10014 Company Description Intent Media is a online advertising startup launched by the founding team of Site59. Website http://www.intentmedia.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction Round Series B Proceeds Purposes Intent Media will use the … Continue reading “Intent Media Lands $20,000,000 Series B Financing”
The Stroke Prevention War is On: FDA Approves J&J/Bayer Contender
Late Friday, the FDA approved rivaroxaban (Xarelto), a blood-thinning drug made by New Brunswick, NJ-based Johnson & Johnson (NYSE: [[ticker:JNJ]]) and Bayer. The approval came just two months after an advisory panel to the FDA posted a negative review of the drug, which suggested the companies should have to perform new trials to gain approval … Continue reading “The Stroke Prevention War is On: FDA Approves J&J/Bayer Contender”
Startup Weekend New York City
During this 54-hour event, budding entrepreneurs will work with people of different skillsets to build a web or mobile application that can form the basis of a credible business.Mentors include Matt Healey of Foursquare, McAdory Lipscomb Jr. of CEOCoach.net, and Emma Persky of Hashable. Register here.
NPS Charts Positive Results on Parathyroid Drug
NPS Pharmaceuticals’ (NASDAQ: [[ticker:NPSP]]) wild week continues today with the release of Phase 3 trial results on NPSP558, its experimental drug to treat hypoparathyroidism, a rare endocrine disorder characterized by insufficient levels of parathyroid hormone. The study shows that in 53 percent of patients, the drug achieved its treatment endpoint, namely that patients were able to halve … Continue reading “NPS Charts Positive Results on Parathyroid Drug”
Former DoubleClick CEO Takes the Reins at Benchmark Capital-Backed 1stdibs
David Rosenblatt has taken a seat in the chief executive’s office again, this time at online luxury marketplace 1stdibs in New York. Rosenblatt, former CEO of DoubleClick, was appointed CEO of 1stdibs on Nov. 3 in conjunction with an undisclosed investment from Benchmark Capital. Rosenblatt says this is 1stdibs’s first outside funding since its founding … Continue reading “Former DoubleClick CEO Takes the Reins at Benchmark Capital-Backed 1stdibs”
Groupon: The IPO With More Sizzle, and Money, Than the Entire Biotech IPO Class of 2011
Groupon raked in so much cash through its initial public offering last week that it could buy the entire class of life sciences companies that have gone public in 2011. For those of you who aren’t following the Groupon melodrama, the Chicago-based online daily deals site raised $700 million last week in its IPO after … Continue reading “Groupon: The IPO With More Sizzle, and Money, Than the Entire Biotech IPO Class of 2011”
Mobile App Search is So Bad AltaVista Could Have Done It. Chomp Is Biting Off the Problem
There are roughly 500,000 iPhone and iPad apps in Apple’s iTunes App Store, and almost that many smartphone and tablet apps in Google’s Android Market. That gives mobile consumers lots of choices, but it has created an untenable situation for mobile developers. Unless you get lucky and your app vaults onto the top-5 or top-10 … Continue reading “Mobile App Search is So Bad AltaVista Could Have Done It. Chomp Is Biting Off the Problem”
Celgene To Pump $45M into Quanticel to Discover Cancer Drugs, Gets Option To Acquire
Celgene and a San Francisco-based cancer drug startup called Quanticel Pharmaceuticals have struck an unusual agreement in which the big company is getting the inside track on a new cancer drug discovery platform, and the little company is arranging upfront for a way to get its venture investors some returns. Summit, NJ-based Celgene (NASDAQ: [[ticker:CELG]]) … Continue reading “Celgene To Pump $45M into Quanticel to Discover Cancer Drugs, Gets Option To Acquire”
Lot18 Garners $30,000,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aa75d257-a294-4f9d-a187-8bfb46180da4&Preview=1 Date 11/4/2011 Company Name Lot18 Mailing Address 6 E. 32nd St. Sixth Floor New York, NY 10016 Company Description Lot18 is a membership by invitation website for wine and epicurean products from coveted producers at attractive discounts. Website http://www.lot18.com Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round Series C Proceeds … Continue reading “Lot18 Garners $30,000,000 Series C Round”
Xconomists of the Week: Tom Maniatis and Marc Tessier-Lavigne Lead the Charge on the New York Genome Center
Today marked the official launch of the New York Genome Center, a collaboration among 11 top academic institutions that’s designed to accelerate genomic research. The initiative—supported by the City of New York and private and public institutions—is being guided by two of our Xconomists: Rockefeller University’s Marc Tessier-Lavigne, who will serve on the center’s board … Continue reading “Xconomists of the Week: Tom Maniatis and Marc Tessier-Lavigne Lead the Charge on the New York Genome Center”
Infographic: College or Incubator for Startup Founders?
[Updated 11/4 at 2:30 pm] Not everyone can be a Gates, Allen, Jobs, or Zuckerberg—founders who dropped out of college and went on to change the technology industry by starting landmark companies. But there are more options available for budding entrepreneurs these days, most notably the explosion of incubators, accelerators, and other startup nurseries that … Continue reading “Infographic: College or Incubator for Startup Founders?”
NPS Pharma’s Not-So-Excellent Wall Street Adventure
On Monday morning, the phones were ringing off the hook at NPS Pharmaceuticals’ (NASDAQ: [[ticker:NPSP]]) Bedminster, N.J. headquarters, but no one could hear them. The freak autumn snowstorm over the weekend knocked out the company’s phone lines. And CEO Francois Nader and other top executives had lost power at their nearby homes, so they couldn’t charge … Continue reading “NPS Pharma’s Not-So-Excellent Wall Street Adventure”
Sanford-Burnham Joins Fold at Pfizer’s Centers for Therapeutic Innovation
San Diego’s Sanford-Burnham Medical Research Institute says today it’s joining the Centers for Therapeutic Innovation (CTI), a global network that New York-based Pfizer established a year ago to foster collaborations between basic research and clinical applications. The Pfizer network of drug discovery innovation centers includes academic medical centers in San Francisco, Boston, New York, and … Continue reading “Sanford-Burnham Joins Fold at Pfizer’s Centers for Therapeutic Innovation”
Evisors Obtains $600,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b28e8040-7410-4194-9c46-294f72773a7a&Preview=1 Date 11/3/2011 Company Name Evisors Mailing Address 44 W 28th St 8th floor New York, NY 10001 Company Description Evisors provides real and personal conversations over the phone or via email with qualified experts across a range of topics. Website http://www.evisors.com Transaction Type Venture Equity Transaction Amount $600,000 Transaction Round Seed … Continue reading “Evisors Obtains $600,000 Seed Financing”
Art.sy Garners $6,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cbf0cc02-8d93-4443-a050-ec9ab42ab382&Preview=1 Date 11/3/2011 Company Name Art.sy Mailing Address 902 Broadway Floor 4 New York, NY 10010 Company Description Art.sy is a new way to discover art you’ll love, featuring work from leading galleries, museums and private collections around the world. Website http://www.art.sy Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round Series … Continue reading “Art.sy Garners $6,000,000 Series A Funding”
1stdibs Garners New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ce2fbe7a-9184-4cd2-92c8-f9fd40cd6de1&Preview=1 Date 11/3/2011 Company Name 1stdibs Mailing Address Undisclosed New York, NY 10002 Company Description Welcome to 1stdibs.com, the world’s 1st market place where you can search for, and on most items, negotiate the purchase of decorative arts on-line. Website http://www.1stdibs.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds … Continue reading “1stdibs Garners New Funding”
Yahoo Snatches Up Interclick for $270M to Enhance Its Ad Targeting
New York’s interclick (NASDAQ: [[ticker:ICLK]]), an advertising technology company, agreed to be acquired by Yahoo (NASDAQ: [[ticker:YHOO]]) for $270 million in cash, according to a press statement on Tuesday. Five-year-old interclick developed a platform to help advertisers process large volumes of data from multiple sources to better understand and target their audiences with online display … Continue reading “Yahoo Snatches Up Interclick for $270M to Enhance Its Ad Targeting”
Seeding Entrepreneurship: How to Build a Venture-Finance Ecosystem
[Editor’s note: Cross-posted from The Economist, 11/2/11] New York Mayor-entrepreneur Michael Bloomberg, not known for shyness, recently proclaimed New York City as America’s new entrepreneurship capital, roaring past Boston in venture capital and soon to leave Silicon Valley in the dust as the “go to” destination for entrepreneurs. Indeed, the world media are awash with … Continue reading “Seeding Entrepreneurship: How to Build a Venture-Finance Ecosystem”