New York – Page 173

Moda Operandi Secures $10,000,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e748246a-17ae-461b-a4f0-0f0430af566d&Preview=1 Date 6/27/2011 Company Name Moda Operandi Mailing Address Undisclosed New York, NY 10001 Company Description Moda Operandi is the first online luxury fashion retailer to allow members to pre-order tomorrow’s styles today. Working closely with the world’s top designers such as Marc Jacobs, Isabel Marant, Proenza Schouler, Vera Wang and Missoni; … Continue reading “Moda Operandi Secures $10,000,000 Series B Financing”

ScrollMotion Secures $3,999,996 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=88900517-8992-4b1b-aa2a-76d66f0b7e5c&Preview=1 Date 6/27/2011 Company Name ScrollMotion Mailing Address 7 Penn Plaza New York, NY 10001 Company Description The company develops mobile application technology for Apple platform devices. Website http://www.scrollmotion.com Transaction Type Venture Equity Transaction Amount $3,999,996 Transaction Round Series B Proceeds Purposes Proceeds purposes were not disclosed. Amount may include options, warrants … Continue reading “ScrollMotion Secures $3,999,996 Series B Funding Round”

Foursquare Receives $50,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0913c2d3-3cdd-4942-bda3-5585838395d1&Preview=1 Date 6/25/2011 Company Name Foursquare Mailing Address 1345 Avenue Of The Americas New York, NY 10000 Company Description We’re all about helping you find new ways to explore the city. We’ll help you meet up with your friends and let you earn points and unlock badges for discovering new places, doing … Continue reading “Foursquare Receives $50,000,000 New Funding Round”

Foursquare Bags $50 Million

Location-based mobile giant Foursquare has raised a $50 million funding round, according to the company’s blog. Investors included Andreessen-Horowitz, Spark Capital, and previous investors O’Reilly AlphaTech Ventures, and Union Square Ventures. The company plans to add engineers to its current staff of 70, boost its merchant offerings, and expand internationally. Although buzz put the valuation … Continue reading “Foursquare Bags $50 Million”

Mimeo.com Raises $10.7M

Mimeo.com, a New York-based provider of online and on-demand document printing services, raised $10.7 million in equity according to a regulatory filing with the SEC. Mimeo’s board includes directors from its investors HarbourVest Partners and Draper Fisher JGV Fund, according to the filing. Dow Jones VentureWire initially reported the funding announcement. Mimeo has not yet … Continue reading “Mimeo.com Raises $10.7M”

Merck’s Julie Gerberding, Former CDC Director, on the Future of Vaccines

Not many pharmaceutical executives can say with a straight face that if they are successful, they will really help millions of people live significantly longer and healthier lives around the world. Julie Gerberding, the former director of the U.S. Centers for Disease Control and Prevention, has been in one of those rare positions for about … Continue reading “Merck’s Julie Gerberding, Former CDC Director, on the Future of Vaccines”

Mimeo Garners $10,720,225 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1ba16a7f-d8d4-4305-ba02-b73d4d9e3c88&Preview=1 Date 6/24/2011 Company Name Mimeo Mailing Address 460 Park Ave South New York, NY 10016 Company Description Mimeo allows customers to print directly to Mimeo’s color and black-and-white high-speed digital printers from the most commonly used software applications. Mimeo’s proprietary system is built on three key components: technology, the Internet and … Continue reading “Mimeo Garners $10,720,225 New Funding”

Neurologix Forges Ahead on Gene Therapy Treatment for Parkinson’s

On June 8, Neurologix (NASDAQ: [[ticker:NRGX]]) released positive data from a trial of its experimental gene therapy treatment in patients with Parkinson’s Disease. It was the latest in a string of impressive announcements from the Fort Lee, NJ-based company, which has been on a roll since March, when the journal Lancet Neurology published six-month results from … Continue reading “Neurologix Forges Ahead on Gene Therapy Treatment for Parkinson’s”

GE and VCs Invest $63M in 10 Cleantechs Through “Ecoimagination Challenge”

Fairfield, CT-based GE (NYSE: GE) and four venture capital partners said today they plan to invest a total of $63 million in 10 cleantech companies developing energy-related concepts in solar, communications and software, and building efficiency. The funding represents the second phase of a crowd-sourcing challenge, this time focused on “Powering Your Home,” that GE … Continue reading “GE and VCs Invest $63M in 10 Cleantechs Through “Ecoimagination Challenge””

Bristol and Pfizer Get Boost from Apixaban Data

The experimental drug apixaban (Eliquis), which is being developed by Bristol-Myers Squibb (NYSE: [[ticker:BMY]]) and Pfizer (NYSE: [[ticker:PFE]]), met key endpoints in a pivotal Phase 3 trial, according to a press release. The companies plan to apply for approval to market the drug in patients with atrial fibrillation, both in the U.S. and Europe, by the … Continue reading “Bristol and Pfizer Get Boost from Apixaban Data”

Tagify Plans to Mature Before Seeking Investors After Win at Startup Weekend NYC

Amid the ideas brewed in the carnival atmosphere at Startup Weekend New York City earlier this month was another attempt at tackling the rapidly growing issue of contact management. The team that created Tagify.us, an app that crowdsources information about users’ personal contacts, won first place at the end of the 54-hour event (June 10-12). … Continue reading “Tagify Plans to Mature Before Seeking Investors After Win at Startup Weekend NYC”

Animal Models and Their Value in Predicting Drug Efficacy and Toxicity

This two-day conference will examine such topics as best practices for disease modeling in animals, advances in genetic modification, and emerging pre-clinical models of disease. Featured speakers include Ann Jacqueline Hunter of OI Pharma Partners. Register here.

Innovating on a Shoestring: Medical Technologies for the Developing World

This workshop, presented by Science Alliance and Scientists Without Borders, focuses on best practices for applying scientific and technological tools in low-resource settings. The workshop will be led by Jose Gomez-Marquez, program director at MIT’s D-Lab. Register here.

Yipit Raises $6 Million More to Aggregate Daily Deals

New York’s Yipit, an aggregator of daily deals, said it raised $6 million in a Series B funding round led by Highland Capital Partners, based in the Boston area. The news was first reported by TechCrunch. Vinicius Vacanti, co-founder of Yipit, said existing investors RRE Ventures, DFJ Gotham Ventures, and IA Ventures also participated in … Continue reading “Yipit Raises $6 Million More to Aggregate Daily Deals”

OneMedForum NY 2011

This two-day conference, sponsored by OneMedPlace, features presentations by over 70 emerging medical technology companies, as well as networking opportunities with venture capitalists, panel discussions, and a keynote addresses from Paul H. Keckley, PhD, executive director, Deloitte Center for Health Solutions. Register here.

Braemar Energy Ventures Finds Value in Energy Technology, Both Clean and Conventional

During a panel discussion with three cleantech investors at the Energy Infotech Forum in New York City yesterday, an audience member posed a provocative question: “What won’t you invest in?” he asked. Scott DePasquale, a partner at Braemar Energy Ventures, responded “consumer space travel.” DePasquale was only half kidding. Ever since Braemar was founded in … Continue reading “Braemar Energy Ventures Finds Value in Energy Technology, Both Clean and Conventional”

VC Survey Highlights Anxiety Over Weak IPO Market

There must be some way out of here, but venture capitalists around the world say the current level of initial public offering (IPO) activity is too anemic to sustain the venture capital industry in the United States and eight other countries, according to a global VC survey. In the United States, 91 percent of the … Continue reading “VC Survey Highlights Anxiety Over Weak IPO Market”

Scaling Up Solar

This panel discussion will explore new opportunities for public private partnerships and project development in solar. Attendees will learn how new technologies, new business models, and industry consolidation are changing the market. Speakers include David Bragdon, director of the Mayor’s Office of Long-Term Planning and Sustainability. Register here.

On Quirky’s Site, Anyone Can Invent a Hit Consumer Product

[Updated 6/21/09 3:30 p.m. See below.] On June 15, Jake Zien stood outside the Bed Bath & Beyond store on 6th Avenue in New York gazing at a giant poster of himself in a sprawling window display. The display features his product, Pivot Power, a flexible power strip that he invented with the help of Quirky—a … Continue reading “On Quirky’s Site, Anyone Can Invent a Hit Consumer Product”

Yipit Obtains $6,000,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=315ebd1b-1190-4c69-a328-96307d5d74a4&Preview=1 Date 6/21/2011 Company Name Yipit Mailing Address 12 Desbrosses Street New York, NY 10013 Company Description Your city’s top restaurants, bars, spas and shops are offering ridiculous deals on services like Groupon, LivingSocial, Scoop St, HomeRun (and about 90 others). We organize all these deals, then recommend the best ones based … Continue reading “Yipit Obtains $6,000,000 Series B Funding Round”

Oracle Acquires FatWire for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a1781370-cf22-41ca-8696-2fc9d674439e&Preview=1 Date 6/21/2011 Company Name FatWire Mailing Address 330 Old Country Road Mineola, NY 11501 Company Description FatWire Software provides industry-leading web experience management (WEM) solutions that enable organizations to deliver a rich online experience to users and simplify management of their web presence. FatWire offers a comprehensive WEM portfolio including best-in-class … Continue reading “Oracle Acquires FatWire for Undisclosed Sum”

Consumer Electronics Week NYC

This week-long expo features a variety of events, panels, and networking opportunities. Featured events include the Mobile Health Expo at Javits Center, a 3D Entertainment Summit, and more. For a complete schedule and registration information, click here.

Green Shoots of an Entrepreneurial Spring

[Editor’s note: Cross-posted from The Economist, 6/16/11] As the G8 last month pledged $10 billion to aid the Arab Spring to support the building of economic and political institutions, the May 24th NASDAQ debut of Russia’s $10 billion Yandex was but one of many green shoots of an equally significant Entrepreneurial Spring blossoming out from … Continue reading “Green Shoots of an Entrepreneurial Spring”

Pfizer Wins Approval For Tamper-Proof Pain Drug

The FDA has approved a new form of the opioid oxycodone, which was developed by New York-based Pfizer (NYSE: [[ticker:PFE]]) and Palatine, IL-based Acura Pharmaceuticals (NASDAQ: [[ticker:ACUR]]), according to a press release. The product, branded as Oxeta, applies technology developed by Acura that is designed to discourage common methods of tampering associated with opioid abuse.

Energy Event Seeks to Create a Greener NYC By Uniting VCs and Cleantech Startups

Tomorrow the New York Academy of Sciences will be home to New York’s first ever Energy Infotech Forum—a full-day event for entrepreneurs who are developing cleantech applications and the investors who want to support them. The day will feature expert speakers, as well as presentations from nine New York-based cleantech startups. For the event’s host, … Continue reading “Energy Event Seeks to Create a Greener NYC By Uniting VCs and Cleantech Startups”

Pfizer’s Idea to Fix the Drug Development Crisis, Which Probably Won’t Work (But Just Might)

Big companies love acronyms, and Pfizer is no exception. So when I heard the world’s biggest drugmaker talk about using its CTI network to validate POMs, it sounded like some Dilbert-style, soul-crushing initiative going nowhere. Writing off this latest initiative would be the safe bet, as many have tried and failed to revitalize the unproductive … Continue reading “Pfizer’s Idea to Fix the Drug Development Crisis, Which Probably Won’t Work (But Just Might)”

CityPockets Secures $735,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f689c2ab-0b27-4734-8cd4-bf055eb1d9fd&Preview=1 Date 6/20/2011 Company Name CityPockets Mailing Address 154 Grand St. Fifth Floor New York, NY 10013 Company Description At CityPockets, we believe that daily deals can help you save a lot of money and expose you to new activities, restaurants, and services. That’s why we’ve created the simplest and most effective … Continue reading “CityPockets Secures $735,000 New Funding”

Regeneron Shares Halted As FDA Weighs Eye Drug

Trading in shares of Tarrytown, NY-based Regeneron Pharmaceuticals (NASDAQ: [[ticker:REGN]]) was halted today in advance of an FDA advisory panel meeting to discuss the company’s treatment for age-related macular degeneration, aflibercept (also known as VEGF Trap-Eye), according to a press release. On June 15, the FDA released documents ahead of the meeting that indicated the agency believes … Continue reading “Regeneron Shares Halted As FDA Weighs Eye Drug”

In New York Ad Technology is All the Rage

New York City is home to many famed industries, from finance to theater. It’s also the longtime hub of the advertising industry, which for many years called Madison Avenue home. It’s no surprise, then, that NYC has sprouted dozens of advertising technology startups—companies that are developing new ways for advertisers to find their target audiences … Continue reading “In New York Ad Technology is All the Rage”

An Ode to Error: Entrepreneurship and the Importance of Being Wrong

Is your world view marked by a sense of hopelessness? Do you obsess about past errors? Do you tend to minimize or overlook positive news? If your answers are yes, you may not be clinically depressed. Maybe you’re just being realistic. Depressed people are often told they’re just not looking at things the right way. … Continue reading “An Ode to Error: Entrepreneurship and the Importance of Being Wrong”

Tapad Nabs $1.8 Million for Ad Technology

New York-based Tapad has raised $1.8 million to develop a technology that allows advertisers to target consumers on mobile devices, according to VentureWire. The company serves “retarget” ads—those that have been viewed on previously visited sites—via mobile browsers and aps. Investors include Firstmark Capital, Lerer Ventures, Metamorphic Ventures, and several individuals such as former DoubleClick … Continue reading “Tapad Nabs $1.8 Million for Ad Technology”

Bristol-Myers Squibb Gets Thumbs-Up on Transplant Drug

The FDA approved belatacept (Nulojix), a new drug from Bristol-Myers Squibb (NYSE: [[ticker:BMY]]) to prevent the rejection of transplanted kidneys, according to a press release. The drug was approved to be given by infusion, along with other anti-rejection agents such as corticosteroids. It is the first new drug in a decade for kidney-transplant patients—likely a factor in … Continue reading “Bristol-Myers Squibb Gets Thumbs-Up on Transplant Drug”

Peer39 Wins Support From Venture Community for Non-Cookie-Based Ad Platform

Privacy advocates have long been up in arms about cookies—those data packets that store information about you in your browser, and that have become the basis of some technologies that allow companies to market directly to you. So a couple of years back, the venture community began looking for technology developers who had new approaches … Continue reading “Peer39 Wins Support From Venture Community for Non-Cookie-Based Ad Platform”

TapAd Lands $1,800,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f82bd5bc-efae-4a0b-a507-b14efa66fa92&Preview=1 Date 6/16/2011 Company Name TapAd Mailing Address 989 Ave Of The Americas 16Th Floor New York, NY 10018 Company Description The company operates as a mobile advertising technology company. Website http://www.tapad.com Transaction Type Venture Equity Transaction Amount $1,800,000 Transaction Round Undisclosed Proceeds Purposes The company will use the financing to continue … Continue reading “TapAd Lands $1,800,000 New Funding Round”

PerformLine Lands Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b8469ebd-2315-48c9-b684-edd0c653451c&Preview=1 Date 6/16/2011 Company Name PerformLine Mailing Address 404 Park Avenue 2nd Floor New York, NY 10016 Company Description PerformLine is an online performance marketing company focused on providing advertisers with the highest quality leads through lead generation and cost-per-acquisition (CPA) marketing. Our refined lead management processes, combined with our proprietary technologies, … Continue reading “PerformLine Lands Series A Round”

Somnus Seeks Buyer For Insomnia Drug that Treats Midnight Awakenings

When Somnus Therapeutics was started up in Bedminster, NJ, in 2007, its founders had an unusual business model. They planned to develop just one drug—SKP-1041 for insomnia—through Phase 2 clinical trials, and then sell the company to a deep-pocketed investor that would fund the final pivotal Phase 3 trials required for FDA approval. Ask CEO … Continue reading “Somnus Seeks Buyer For Insomnia Drug that Treats Midnight Awakenings”

Startup Weekend, Looking to Strengthen Communities for Entrepreneurs, Builds New Startup Foundation in Seven Cities

Startup Weekend, the create-a-company cram session that has spread worldwide in just a few years, is branching out in a big way. The Seattle-based nonprofit tells Xconomy it is creating a sister organization called the Startup Foundation, aimed at establishing a permanent hub for local entrepreneurial communities around the globe. The new project has backing … Continue reading “Startup Weekend, Looking to Strengthen Communities for Entrepreneurs, Builds New Startup Foundation in Seven Cities”

NYC EnergyTech 2011

This day-long conference features workshops for energy-tech entrepreneurs who want to learn about government grants and contracting opportunities. Attendees will also hear presentations from companies that were funded by the Industrial Technology Assistance Corp. Register here.

ConsumerBell Aims to Make Product Recalls Less Painful for Manufacturers and Consumers

After Ellie Chachette’s father was infected with HIV from a product that he was taking in the 1980s to treat his hemophilia, he joined a class-action lawsuit that took 10 years for his lawyers to fight. They ultimately won, but “the lawyers got most of the money,” Cachette recalls. “That always bothered me.” So in May … Continue reading “ConsumerBell Aims to Make Product Recalls Less Painful for Manufacturers and Consumers”

Pacira Pain Drug Faces FDA Delay

The FDA has delayed its decision on Parsippany, NJ-based Pacira Pharmaceuticals’ drug—a long-acting version of the pain drug bupivacaine called Exparel—according to a press release. Pacira, which also has operations in San Diego, went public in February, and investors pushed the company’s stock up more than 47 percent in anticipation of a July decision from … Continue reading “Pacira Pain Drug Faces FDA Delay”

NY Mobile Entertainment Summit

This two-day conference—co-produced by Variety, The Bob Dowling Group, and UNICOMM—features in-depth discussions focusing on the top business issues impacting mobile entertainment. Participants will learn what content is being created for mobile platforms, how advertisers and marketers are using mobile for brand campaigns, how mobile content is measured, and how people in the industry are … Continue reading “NY Mobile Entertainment Summit”

NYC Women Entrepreneurs and Investors in Media & Tech

Join five New York startups for an evening of discussion and networking. The hosts include Kay Koplovitz, founder of USA Network, Susan Lyne, chairman of Gilt Groupe, and Jeanne Sullivan, founding principal and general partner of StarVest Partners. Register here.

Send the Trend, Looking To Transform the Way Women Shop, Comes From Reluctant Entrepreneur

Divya Gugnani grew up in a family of entrepreneurs and told herself she’d never do that. Now, she’s CEO of two startups. One of which, she says, is out to transform the way women shop. That would be Send The Trend, a website that sells personalized accessories like jewelry and scarves. It’s one of the … Continue reading “Send the Trend, Looking To Transform the Way Women Shop, Comes From Reluctant Entrepreneur”

Why Twitter Matters Now in Biotech, and Why Executives Can’t Ignore it Anymore

Two years ago, I caved in to the pressure and signed up for a Twitter account. I had been resisting for months. Millions of people were flocking to the 140-character microblogging service, but from what I could see then, it looked like a time-wasting fad. Hardly anybody in the business I write about, biotechnology, was … Continue reading “Why Twitter Matters Now in Biotech, and Why Executives Can’t Ignore it Anymore”

Google Acquires Admeld for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=75191011-c181-411d-afb4-d01ce256385e&Preview=1 Date 6/13/2011 Company Name Admeld Mailing Address 230 Park Avenue South New York, NY 10003 Company Description The company provides advertising operation solutions and software development. Website http://www.admeld.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed.