FundingPost Early Stage Angel and Venture Capital Event

This FundingPost event aims to instruct early stage entrepreneurs on how to aim their business pitches to investors to walk away with funding. Panels will take a look at subjects like which industries investors are eyeing, and best and worst moves by entrepreneurs. Register here for the panels and networking after.

StartUP! 2011

This business plan competition will spotlight seven companies, one of which will walk away with $25,000 in funding from General Catalyst and $75,000 worth of goods and services to help get the startup off the ground. The conference will also focus on entrepreneurship subjects such as mergers & IPOs, board members, fundraising, co-working, and more. … Continue reading “StartUP! 2011”

Win Over Investors in Three Minutes: Pace Annual Pitch Contest

Six promising new startups will face off for $9,000 in cash prizes at the seventh annual Pace University Pitch Contest, hosted by Entrepreneurship@Lubin in association with the MIT Enterprise Forum of New York City. The day will kick off with a keynote address by Stanley S. Litow, President of the IBM Foundation.

NYC Startup Job Fair

The second annual NYC job fair seeks to connect qualified students and job seekers with positions at innovative NYC companies. Sponsors include AOL, NYC Tech Connect, and Tech@NYU. Engineers only from 1-2:30 p.m., then everyone is welcome after that.

RNAI-Based Genetic Screening: Past, Present & Future

This one-day symposium will cover the new discoveries, challenges, and lessons in the development of RNAI screening technologies. The agenda features speakers from Alnylam Pharmaceuticals, the Massachusetts Institute of Technology, Novartis Institutes for Biomedical Research, and New York University.

New York City and Boston: The Entrepreneurial Dream Team

Far too much has been written about Boston versus New York City. Sports rivalries and cultural differences have a way of coloring our world view to include startup companies and venture capital. However, the past few years tell about a much closer relationship. The real story is Boston and New York City, particularly versus Silicon … Continue reading “New York City and Boston: The Entrepreneurial Dream Team”

Gmail Fail: The Problem with Priority Inbox

I was not one the pundits who heaped immediate praise on Priority Inbox, an e-mail management feature that Google added as an option in Gmail last August. TechCrunch instantly labeled it “fantastic,” TheNextWeb called it “outstanding,” and Venturebeat said it “lives up to the hype.” I was hopeful about it, but cautious. Having been burned … Continue reading “Gmail Fail: The Problem with Priority Inbox”

BMW to Set Up Incubator in NYC

BMW i Ventures, the automaker’s new $100 million investment fund, announced plans to set up an incubator in New York City. The incubator will further BMW’s mission to foster the development of mobile connectivity solutions and location-based services in heavily populated urban areas. Edward Robinson, a 32-year BMW veteran, was named president of BMW i … Continue reading “BMW to Set Up Incubator in NYC”

New York’s Enterproid and the Great Divide, Where Rivers (of Data) Change Direction

When Andrew Toy, Alexander Trewby, and David Zhu worked together at Morgan Stanley in 2007, they collectively managed the BlackBerry Enterprise Server for the global financial services company and its 60,000 employees. At that time, Morgan Stanley’s implementation of the corporate platform for e-mail messaging, calendaring, and collaborating was considered to be the largest in … Continue reading “New York’s Enterproid and the Great Divide, Where Rivers (of Data) Change Direction”

Cheezburger Snaps Up Know Your Meme, Planting a Foothold in New York City

Hey Big Apple: Ready for some Cheezburger? Seattle-based Cheezburger Network, the holding pen for online humor sites like I Can Has Cheezburger and Fail Blog, has acquired the Internet-culture trackback site Know Your Meme. It’s the first big acquisition move that we’ve seen Cheezburger make since securing $30 million round of venture financing early this … Continue reading “Cheezburger Snaps Up Know Your Meme, Planting a Foothold in New York City”

Should You Drink the Social Kool-Aid?

Social media may be fomenting revolution in autocratic states, but is it really revolutionizing marketing? I understand the skepticism; I work in an industry famous for hyperbole. But you can’t deny the decline of traditional media. Americans spend an average of 11 hours a month on Facebook while print and broadcast consumption are in free … Continue reading “Should You Drink the Social Kool-Aid?”

NPS Earns Seven-Figure Milestone Payment

NPS Pharmaceuticals (NASDAQ: [[ticker:NPSP]]) of Bedminster, NJ, announced that its Swiss-based development partner Nycomed has filed for European clearance to market teduglutide (Revestive) for the treatment of short bowel syndrome. The submission triggers a milestone payment to NPS that the company says is in the mid-seven digits. NPS expects to file for approval to market teduglutide … Continue reading “NPS Earns Seven-Figure Milestone Payment”

Voxel Nabs $5.5 Million for Cloud Hosting Services

Voxel dot Net, a New York-based provider of hybrid cloud hosting and managed services, announced that it has completed a Series A venture capital round, led by private equity firm Seaport Capital. The company intends to use the $5.5 million raised to deploy virtual servers, private cloud solutions, and other infrastructure services to customers in … Continue reading “Voxel Nabs $5.5 Million for Cloud Hosting Services”

Columbia Teams With Sanofi on Diabetes Research

France’s Sanofi-Aventis (NYSE:[[ticker:SNY]]) is tapping into the diabetes expertise at Columbia University Medical Center, signing a three-year deal with the college to investigate new diabetes treatments. According to a statement from Sanofi, the partnership will focus on a hormone called osteocalcin, which influences blood sugar and fat deposition. Columbia professor Gerard Karsenty, who chairs Columbia’s … Continue reading “Columbia Teams With Sanofi on Diabetes Research”

Bigger Isn’t Better: It’s Time for Big Pharma to Break Up Into Little Pharma

Fresh headlines cross my desk almost weekly about the crisis in the pharmaceutical business. Jaw-dropping sums of money, about $65 billion a year, flow into the pursuit of new medicines. Yet every year we hear the same old refrain—a pathetic number of new FDA-approved drugs, just 21 last year—come out the other end. This highly … Continue reading “Bigger Isn’t Better: It’s Time for Big Pharma to Break Up Into Little Pharma”

Conductor Obtains $1,048,126 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9f40246f-c198-4f7f-9de3-d5e475f9f5e6&Preview=1 Date 3/28/2011 Company Name Conductor Mailing Address 230 Park Avenue South New York, NY 10003 Company Description Conductor is an emerging leader in natural search solutions, helping organizations manage information for greater search engine visibility, developing industry leading SEO solutions, and providing thought leadership for the natural search industry. Website http://www.conductor.com … Continue reading “Conductor Obtains $1,048,126 New Funding Round”

Caxton Advantage to Raise $150 Million

New York-based Caxton Advantage Life Sciences Fund plans to raise $150 million for a second fund later this year, according to a Dow Jones VentureWire report. The company’s first fund, formed in 2006 by Lehman Bros. veterans Eric Roberts and A. Rachel Leheny, has invested $150 million in a collection of private and public companies … Continue reading “Caxton Advantage to Raise $150 Million”

“Consumer Surplus” from Personal Technology Is Soaring in the Age of Appreciation

It used to be that purchases began depreciating in value the moment you bought them. A new car, for example, might as well come with a little Kelley Blue Book countdown under the odometer showing its declining resale price. Indeed, the idea that property depreciates is so universal that it’s built into our accounting methods … Continue reading ““Consumer Surplus” from Personal Technology Is Soaring in the Age of Appreciation”

Voxel Receives $5,500,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=00be3b18-5f74-43bf-8f56-26b4d04e9f84&Preview=1 Date 3/25/2011 Company Name Voxel Mailing Address 29 Broadway 30th Floor New York, NY 10006 Company Description Voxel delivers high-performance Internet infrastructure that is scalable, fully supported and cost-effective. The company offers industry-leading hosting services via VoxSTRUCTURE, its open automation platform, and its unique Universal Transfer bandwidth aggregation model. Website http://www.voxel.net … Continue reading “Voxel Receives $5,500,000 Series A Round”

Forrst Lands $200,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1bd4461a-ad9d-4589-9542-779ba0a01aef&Preview=1 Date 3/24/2011 Company Name Forrst Mailing Address Undisclosed Brooklyn, NY 11201 Company Description Forrst is a community of passionate developers and designers focused on helping themselves and others get better at their craft, providing thoughtful critiques, and sharing their knowledge to build better applications and websites. Website http://www.forrst.com Transaction Type Venture … Continue reading “Forrst Lands $200,000 New Round”

Yale Spinoff Hadapt Hops Out of Stealth, Looks to Help Big Companies Handle Big Data

If you don’t know Hadoop from a hole in the wall, please meet Justin Borgman. He’ll break it all down for you. Borgman is the co-founder and CEO of Hadapt, a New Haven, CT-based startup that is coming out of stealth today at GigaOm’s Structure Big Data conference in New York City. Hadapt calls its … Continue reading “Yale Spinoff Hadapt Hops Out of Stealth, Looks to Help Big Companies Handle Big Data”

Who’s Going to Pay for Future Drug Development? (Part 2)

In the first part of this article, I detailed how pharma and biotech companies, along with the federal government, provide the majority of funding for biomedical research in the U.S. In this second part, I’ll turn my attention to a number of other sources, both for-profit and nonprofit, that also provide the capital that drives … Continue reading “Who’s Going to Pay for Future Drug Development? (Part 2)”

Brilig Garners $1,800,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2ef17472-9ecf-455f-b120-d5ffafca03aa&Preview=1 Date 3/23/2011 Company Name Brilig Mailing Address 200 Church St. New York, NY 10013 Company Description Brilig provides an open, transparent and structured environment for the listing, combination, analysis and buying or selling of audience information for online advertising targeting Website http://www.brilig.com Transaction Type Venture Equity Transaction Amount $1,800,000 Transaction Round … Continue reading “Brilig Garners $1,800,000 New Financing Round”

Who’s Going to Pay for Future Drug Development? (Part 1)

In case you haven’t noticed, heart disease remains a debilitating illness for millions. Cancer, despite some recent advances, has not been cured. Drug resistant strains of bacteria are spreading across the globe. There are still no effective treatments for Parkinson’s disease, amyotrophic lateral sclerosis, muscular dystrophy, and a huge number of other illnesses. The number … Continue reading “Who’s Going to Pay for Future Drug Development? (Part 1)”

Think Obamacare Will Suffocate New Drug Development With Price Controls? Think Again

There were a million arguments against healthcare reform a year ago. One was that if President Obama got his way and expanded health insurance to millions of uninsured people, and the government made a real effort to study the comparative effectiveness of drugs at high and low prices, it was really the first step toward … Continue reading “Think Obamacare Will Suffocate New Drug Development With Price Controls? Think Again”

STELLAService Receives $2,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=676085af-843e-4b60-8f59-846f74a0b7a3&Preview=1 Date 3/21/2011 Company Name STELLAService Mailing Address 27 W. 20th St. New York, NY 10011 Company Description We operate with a simple mission: to enhance transparency around the customer service of online businesses. Our goal is to guide online consumers to the sites that maintain the highest quality customer care. We … Continue reading “STELLAService Receives $2,000,000 New Financing”

How to Enchant Your Way to Tech Success, Kawasaki Style

You’re a technology entrepreneur—more power to you. You’ve built a great product that solves a real problem—congratulations. Unfortunately, that’s only half the battle. Maybe even less than half. Now you have to make the world believe in you and your product. That’s the part of entrepreneurship that many innovators and startup founders aren’t prepared for. … Continue reading “How to Enchant Your Way to Tech Success, Kawasaki Style”

Legolas Media Receives $5,000,000 Series A Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=03745680-49bf-405d-9600-93b5b0b2af1d&Preview=1 Date 3/16/2011 Company Name Legolas Media Mailing Address 22 Cortland St. New York, NY 10007 Company Description Legolas Media brings actionable intelligence to the trade of buyer-defined audiences — enabling marketers, publishers and networks to maximize ad performance and revenue in a direct, guaranteed manner. Website http://www.Legolas-Media.com Transaction Type Venture Equity … Continue reading “Legolas Media Receives $5,000,000 Series A Financing Round”

Animoto Opens Slide Show Creation Tools to Kodak Gallery and More Partners

There’s a slew of tools like Apple’s iMovie for turning your raw photos and videos into fun multimedia slide shows that you can share with friends and family. The problem is that none of them are drop-dead simple—except perhaps Animoto’s. The startup, which is based in San Francisco and New York and backed mainly by … Continue reading “Animoto Opens Slide Show Creation Tools to Kodak Gallery and More Partners”

Where Are Tomorrow’s Blockbuster Biotech Drugs Coming From? You Might be Surprised

The San Francisco Bay Area has a storied tradition as the birthplace and leading hub of biotechnology, but something curious has happened the past couple years. Most of the scientifically groundbreaking, medical-textbook rewriting, financially lucrative new biotech drugs of the 21st century are coming from somewhere else. This dawned on me last week as I … Continue reading “Where Are Tomorrow’s Blockbuster Biotech Drugs Coming From? You Might be Surprised”

BuyWithMe Acquires LocalTwist, Goes Head-to-Head Vs. Tippr While Lawsuits Simmer

This is not just another consolidation of local-deal sites. This is a life-and-death struggle for third place behind Groupon and LivingSocial (for now anyway). This is BuyWithMe vs. Tippr, Round Two. New York- and Boston-based BuyWithMe said today it has acquired LocalTwist, a daily-deals site that is active in Seattle and San Diego, and soon … Continue reading “BuyWithMe Acquires LocalTwist, Goes Head-to-Head Vs. Tippr While Lawsuits Simmer”

Pontiflex Garners $5,999,993 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dc8d541c-4c02-4d76-8a62-d5bbbc7e7cd7&Preview=1 Date 3/11/2011 Company Name Pontiflex Mailing Address 55 Washington Street Brooklyn, NY 11201 Company Description Welcome to Pontiflex, the advertising industry’s only open and transparent lead generation marketplace. In tough economic times, advertisers want to increase their returns on online marketing. So why should they have to pay for clicks and … Continue reading “Pontiflex Garners $5,999,993 New Funding”

WSJ Top 50 Startups List Leaves Much to Be Desired, Especially in Boston (NY Fares Better)

Everyone loves a Top 50 list. Everyone except me. Wall Street Journal, you can take your “Top 50 venture backed companies” list, published today, and…well, just take it. Not just because it counts a grand total of one—ONE—Boston-area company among its luminaries (Westborough, MA-based ExaGrid, at #42). Not just because the criteria for the list … Continue reading “WSJ Top 50 Startups List Leaves Much to Be Desired, Especially in Boston (NY Fares Better)”

Beyond Oblivion Secures $77,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dc33b0bc-90b0-41e9-a342-0a764673e842&Preview=1 Date 3/10/2011 Company Name Beyond Oblivion Mailing Address 16 E. 40th Street New York, NY 10016 Company Description Beyond Oblivion is a music service that combines the stickiness of a social network with unlimited life-of-device access to the largest music library on Earth, within a vast ecosystem where content owners are … Continue reading “Beyond Oblivion Secures $77,000,000 New Financing Round”

2tor Receives $32,499,982 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e356b93f-b720-4324-ac49-a07d78f26bbd&Preview=1 Date 3/10/2011 Company Name 2tor Mailing Address Chelsea Piers Pier 59 New York, NY 10011 Company Description Founded by a unique team of education veterans with unparalleled experience, 2tor Inc. is a private company that partners with preeminent institutions of higher education to deliver rigorous, selective degree programs online.2tor develops state-of-the-art … Continue reading “2tor Receives $32,499,982 New Financing Round”

Group Commerce Receives $8,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=06a6d4cf-2dd5-4ad5-938b-c464fad432f9&Preview=1 Date 3/10/2011 Company Name Group Commerce Mailing Address 628 Broadway New York, NY 10012 Company Description The company has developed a white label, full-service group buying platform for publishers and merchants. Website http://www.groupcommerce.com Transaction Type Venture Equity Transaction Amount $8,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “Group Commerce Receives $8,000,000 New Funding”

Calypso Medical’s New CEO Seeks to Steady Ship After a Rough Couple of Years

Calypso Medical Technologies, on the surface, looked like it was on the brink of breakout success in September 2009. The Seattle-based company raised $50 million in venture capital—the biggest investment that year in Washington state—to beef up R&D, hire more people, and take its system for precision-guided cancer radiation treatment beyond the U.S. market and … Continue reading “Calypso Medical’s New CEO Seeks to Steady Ship After a Rough Couple of Years”

MediaMath Garners $8,999,983 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0da9a0c9-34c3-4a70-aa39-7732b559e449&Preview=1 Date 3/9/2011 Company Name MediaMath Mailing Address 415 Madison Avenue 3rd Floor New York, NY 10017 Company Description MediaMath’s TerminalOne buying platform provides advertising agencies with the technology and back office services to trade effectively across leading display advertising sources. It includes a common interface and workflow, data management layer that … Continue reading “MediaMath Garners $8,999,983 New Financing”

Stack Exchange Receives $12,000,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e0ce6918-4843-4337-96c7-9f1e0d3df684&Preview=1 Date 3/9/2011 Company Name Stack Exchange Mailing Address 55 Broadway Floor 25 New York, NY 10006 Company Description Stack Exchange is a programming Q & A site that’s free. Free to ask questions, free to answer questions, free to read, free to index, built with plain old HTML, no fake rot13 … Continue reading “Stack Exchange Receives $12,000,000 Series B Financing Round”

Forget About the IPO Market: It’s Time for Biotechs To Think Differently

When a company like Plexxikon can’t pull off a big-time IPO, you know something’s out of whack in the biotech world. Berkeley, CA-based Plexxikon hit the motherlode last week when it agreed to be acquired for $805 million upfront, plus $130 million in milestones, by Japan-based Daiichi Sankyo. VCs everywhere drooled. That’s because in this … Continue reading “Forget About the IPO Market: It’s Time for Biotechs To Think Differently”

YouTube Acquires Next New Networks for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3102a5e4-39c0-45ab-a021-8f258514ac5c&Preview=1 Date 3/7/2011 Company Name Next New Networks Mailing Address 22 West 21st Street 10th Floor New York, NY 10010 Company Description Next New Networks is a media company that is creating micro television networks over the internet for targeted communities, bringing together elements of traditional TV networks with Internet functionality that … Continue reading “YouTube Acquires Next New Networks for Undisclosed Sum”

“Leonardo’s Notebook”—My Killer App for the iPad 2

Attention all mobile app developers: I’m about to give you an idea for a great new consumer app. I think it’s something that would appeal to any adventurous, creative, curious person—travelers, outdoorsmen, students, scrapbookers, artists, and the like. I think this is the moment to build it, since it’s something that wouldn’t have been possible … Continue reading ““Leonardo’s Notebook”—My Killer App for the iPad 2″

Reval Obtains $23,022,153 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d7a3da0b-6f0b-42fb-b262-249fde124fda&Preview=1 Date 3/3/2011 Company Name Reval Mailing Address 100 Broadway 22nd Floor New York, NY 10005 Company Description Reval provides web-based treasury and risk management solutions and services to corporations and financial institutions. Reval blends finance, technology, software, and operations expertise to deliver effective and rapidly deployable solutions that bring immediate return … Continue reading “Reval Obtains $23,022,153 New Funding Round”