Seven Major Cancer Centers To Pool Patients’ Gene, Health Data

Here and there, the genetic information of a cancer patient has helped a doctor find that person the right drug or steer her away from the wrong one. But the use of genetic knowledge to improve people’s health is in its infancy. That’s why seven major cancer treatment centers in North America and Europe are … Continue reading “Seven Major Cancer Centers To Pool Patients’ Gene, Health Data”

Biogen Helps Put $42.5M Into a Father’s Duchenne Gene Therapy Quest

Duchenne Muscular Dystrophy is a progressive muscle wasting disease that affects about 300,000 people, primarily boys, around the world. Patients with the disease lose ability to walk by their teens, and often die from one of a number of complications—like respiratory or heart failure—at a young age. There is no cure and no effective treatment. … Continue reading “Biogen Helps Put $42.5M Into a Father’s Duchenne Gene Therapy Quest”

To Be or Not To Be An Equity Crowdfunding Portal?

After the pioneering crowdfunding sites Indiegogo and Kickstarter set up shop roughly seven years ago, other entrepreneurs were saying, “Why didn’t I think of that?” Those fundraising platforms quickly scaled up, offering inventors, artists, and others an online meeting place where they could appeal for contributions to get their projects off the ground. The fundraising … Continue reading “To Be or Not To Be An Equity Crowdfunding Portal?”

BrightFarms Obtains $13,650,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3133850d-2cfc-48cd-9f87-ef45bd40274d Date 11/5/2015 Company Name BrightFarms Mailing Address 211 East 48th Street 2nd Floor New York, NY 10017 USA Company Description BrightFarms designs, finances, builds and operates hydroponic greenhouse farms at supermarkets, eliminating time, distance and cost from the food supply chain. There is no cost to the supermarket retailer, only an … Continue reading “BrightFarms Obtains $13,650,000 Series B Funding”

NYTM Recap: Callisto Offers Empathetic Way to Report Sexual Assaults

Alerting authorities to sexual assaults can frequently stir new distress in survivors; a bit of technology from the nonprofit Sexual Health Innovations (SHI) may help ease the process of reporting these crimes. The organization developed Callisto, a Web-based system for bringing attention to such assaults on college campuses, and last night demoed it in front … Continue reading “NYTM Recap: Callisto Offers Empathetic Way to Report Sexual Assaults”

With $50M Funding, Handy Focuses on Existing Markets

For New York-based Handy, which offers on-demand cleaning and other home contract services, density has been key to its growth. The company thinks of that density in two ways: Like any business, it wants to attract as many customers as possible. But Handy is also seeking to have as many contractors who clean apartments—a service … Continue reading “With $50M Funding, Handy Focuses on Existing Markets”

FilmRise Obtains $25,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a2766860-dfcb-4bbc-8217-13417eb1074d Date 11/4/2015 Company Name FilmRise Mailing Address 34 35th Street 4th Floor Brooklyn, NY 11232 USA Company Description FilmRise is a film and TV distribution company founded by veteran producer/financiers Danny Fisher, Jack Fisher and Alan Klingenstein. Website http://www.filmrise.com Transaction Type Venture Equity Transaction Amount $25,000,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “FilmRise Obtains $25,000,000 New Funding”

LeafLink Garners $750,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a29f2d84-7052-47b5-a5b5-1ab00191a66e Date 11/4/2015 Company Name LeafLink Mailing Address PO Box 20240 New York, NY 10017 USA Company Description LeafLink speaks to industry leading accounting, inventory and POS platforms. No more double entry; you have a business to grow. Centralize relationship management across your team with established partners and new prospects on one … Continue reading “LeafLink Garners $750,000 Seed Financing”

Special Rate Ends Today For Our Nov. 17 Health Summit: Save $100

If you want you keep your weight down, you eat right and exercise—the formula is pretty simple. If you want to understand what is going on in healthcare across science, medicine, payments, and policy—and use science to optimize your chance at a long, healthy life—it gets a bit trickier. You can get a leg up … Continue reading “Special Rate Ends Today For Our Nov. 17 Health Summit: Save $100”

Marketing Platform Zeta Interactive Snaps Up Piece of EBay Enterprise

Sometimes it takes more than one dance partner to get a big deal done. New York-based Zeta Interactive, a player in big data and analytics, has acquired the customer relationship management division of eBay Enterprise. This is part of a multiway transaction that saw the eBay company split up and sold largely to London’s Permira … Continue reading “Marketing Platform Zeta Interactive Snaps Up Piece of EBay Enterprise”

Even With New Crowdfunding Rules, No Easy Path Forward For Biotechs

[Corrected 11/3/15, 1:18pm. See below.] As Xconomy reported Friday, the U.S. Securities and Exchange Commission has finally filled in the missing pieces in the equity crowdfunding puzzle, giving private startups clearer rules about selling equity to the investor masses through Internet portals. In her opening remarks before the SEC commissioners voted 3-1 to approve nationwide … Continue reading “Even With New Crowdfunding Rules, No Easy Path Forward For Biotechs”

Cornell Tech to Train Lawyers to Tackle Startups’ Legal Kinks

The trouble with introducing new technology and ideas is they frequently can lead to lawsuits and other headaches. Whether it is fighting patent trolls, testing the boundaries of old laws, or just coping with new regulatory rules, tech companies may have to cross many legal minefields as they scale up. Expecting the landscape to continue … Continue reading “Cornell Tech to Train Lawyers to Tackle Startups’ Legal Kinks”

Bristol-Myers to Add Cardioxyl’s Heart Failure Drug With $300M Deal

Bristol-Myers Squibb is set to buy Cardioxyl Pharmaceuticals and its portfolio of clinical and pre-clinical heart drugs in a deal that boosts the big pharma company’s cardiovascular drug pipeline. Under the definitive agreement announced this morning, New York-based Bristol-Myers (NYSE: [[ticker:BMS]]) will pay up to $300 million in upfront and near-term milestone payments to acquire … Continue reading “Bristol-Myers to Add Cardioxyl’s Heart Failure Drug With $300M Deal”

The Network Is the VC: CommonAngels Is Now Converge Venture Partners

Silicon Valley legend John Gage is said to have coined the phrase, “The network is the computer.” He was talking about combining connected systems into one computing resource, and the line would become Sun Microsystems’ slogan. Fast forward 30 years and the idea still holds true—think cloud computing, the Internet, and social media. What’s more, … Continue reading “The Network Is the VC: CommonAngels Is Now Converge Venture Partners”

What’s Next for Storage?

The evolution of business technology is constant, but not uniform. Sometimes the changes are revolutionary, such as the word processor replacing the typewriter or the 1991 debut of the World Wide Web. Other changes are iterative, such as new versions of word processing software or Web browsers. After decades of only experiencing iterative changes, the … Continue reading “What’s Next for Storage?”

Knewton Lands $42,250,017 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4106a0a0-be1f-42a8-8dc3-9f5a9b632577 Date 11/2/2015 Company Name Knewton Mailing Address 100 5th Avenue New York, NY 10011 USA Company Description Knewton has developed the industry’s most powerful adaptive learning engine, customizing educational content to meet the needs of each student. Website http://www.knewton.com Transaction Type Venture Equity Transaction Amount $42,250,017 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Knewton Lands $42,250,017 New Funding Round”

At Long Last, SEC Provides Final Equity Crowdfunding Rules

[Corrected 11/2/15, 12:30 pm. See below.] Mom and Pop, you can now buy shares in the bakery down the street, or in your son’s girlfriend’s sister’s tech startup. That, in effect, was the message the U.S. Securities and Exchange Commission sent today, voting to give retail investors the right to buy shares in tiny private … Continue reading “At Long Last, SEC Provides Final Equity Crowdfunding Rules”

Fred Wilson, Others Discuss On-Demand Economy Growing Beyond Uber

Has the world irrevocably been changed by the on-demand and gig economy? Wednesday night at Work Market’s headquarters in New York, venture capitalist Fred Wilson, co-founder of Union Square Ventures, Bradley Tusk, founder of Tusk Holdings, and André Dua, director at McKinsey & Co., discussed how the workforce, business models, and drivers of the economy … Continue reading “Fred Wilson, Others Discuss On-Demand Economy Growing Beyond Uber”

Kickoff Obtains $1,600,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=90a6ffe5-358a-42d1-95ac-837eaed0d2cf Date 10/29/2015 Company Name Kickoff Mailing Address 1407 Broadway 24th Floor New York, NY 10018 USA Company Description Kickoff is a mobile dating app providing service to Latin America. Website http://www.kickoffapp.co Transaction Type Venture Equity Transaction Amount $1,600,000 Transaction Round Undisclosed Proceeds Purposes The Monashees investment provides us the resources to … Continue reading “Kickoff Obtains $1,600,000 New Round”

HyPR Lands $5,000,000 Seed Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e3fa111a-9ab7-438a-a5ba-a313055be726 Date 10/29/2015 Company Name HyPR Mailing Address 7 World Trade Center 10th Floor New York, NY 11000 USA Company Description At HYPR, we’re targeting the 8 Billion Dollar social influencer market, and turning it from manual and cumbersome, to automatic, easy and scalable. Website http://www.hyprbrands.com Transaction Type Venture Equity Transaction Amount … Continue reading “HyPR Lands $5,000,000 Seed Financing Round”

Brandwatch Receives $33,000,000 Series C Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d0790757-b889-4146-a9b7-b26477d962ec Date 10/29/2015 Company Name Brandwatch Mailing Address 48 West 21st St. New York, NY 10010 USA Company Description Brandwatch is one of the world’s leading tools for monitoring and analysing social media. Today, social networks and the rest of the web are massive indicators of consumer influence, market insights and brand … Continue reading “Brandwatch Receives $33,000,000 Series C Financing Round”

Digital Currency Group Garners New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=242e1e80-9676-4e65-a835-fecb42971ef9 Date 10/29/2015 Company Name Digital Currency Group Mailing Address 636 Avenue of the Americas New York, NY 10011 USA Company Description Digital Currency Group builds, incubates and seeds bitcoin and blockchain technology-related companies. DCG owns and operates the industry’s leading bitcoin brokerage firm, Genesis Trading, and the largest digital currency asset … Continue reading “Digital Currency Group Garners New Round”

Paddle8 Raises $34M Series C Round for Digital Auctions for Art

For art lovers looking to bid on an Andy Warhol painting, as well as pieces from some lesser-known artists, the team at Paddle8 will soon scale up its digital auction, thanks to new funding. The New York-based marketplace for art and collectibles announced Wednesday it raised $34 million in a Series C round. The funding round’s backers—who come … Continue reading “Paddle8 Raises $34M Series C Round for Digital Auctions for Art”

Death in the Digital Age: Tech Startups Help Us Cope With Mortality

How do you want to be remembered? It’s a weighty question that we’ve all thought about at one time or another. Everybody hopes to have meaningful impact on the world while they’re here, whether that means touching the lives of millions or even just one person. That’s never going to change. But the ways in … Continue reading “Death in the Digital Age: Tech Startups Help Us Cope With Mortality”

Templafy Garners New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ac5eee17-001b-40df-b474-15e404fa773f Date 10/28/2015 Company Name Templafy Mailing Address 77 North 4th 2nd Floor Brooklyn, NY 11249 USA Company Description The original technical architecture for Templafy was sketched out in 2012 on a restaurant placemat by our co-founder and CTO, Henrik, when inspiration struck on the way to dinner. Although the story goes … Continue reading “Templafy Garners New Round”

TruMid Secures $25,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=258feeed-8387-40cc-9a0e-b69879944e14 Date 10/28/2015 Company Name TruMid Mailing Address 120 Broadway 9th Floor New York, NY 10271 USA Company Description TruMid is a revolutionary electronic trading marketplace for corporate bonds designed to increase liquidity in the credit markets. The search for unbiased venues has been heightened by the regulatory and structural backdrop of … Continue reading “TruMid Secures $25,000,000 New Financing Round”

NYC Tech Talent Pipeline’s Mobile Dev Course Comes to Flatiron School

Can workers who get a crash course in technology truly compete on the job front? New York may soon see. Last week, the NYC Tech Talent Pipeline—an initiative from Mayor Bill de Blasio’s administration—announced it chose the Flatiron School coding academy to run its new Mobile Dev Corps training program. This is yet another page … Continue reading “NYC Tech Talent Pipeline’s Mobile Dev Course Comes to Flatiron School”

Karhoo Garners $250,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dfb12227-281d-4133-bb3d-6078cf6bc6d7 Date 10/27/2015 Company Name Karhoo Mailing Address 101 Avenue of the Americas 8th Floor New York, NY 10013 USA Company Description Karhoo gives you more choice by working with local suppliers to provide both licensed taxis and private hire cars, so whether it’s price, speed, style or availability that matters most … Continue reading “Karhoo Garners $250,000,000 New Round”

McGuire, Bosley, Watson, & More at Our Health Summit—Register Today

We have just over three weeks to go before our third annual Healthcare Summit here in Boston. And if you act quickly, you can take advantage of our Procrastinator’s Special and save $100 off regular registration…if you don’t put it off, that is. The agenda is live—and you can see for yourself the fantastic afternoon … Continue reading “McGuire, Bosley, Watson, & More at Our Health Summit—Register Today”

Can Banks Ride the Surge of Fintech, Or Has the Wave Gotten Too High?

The roar of startups clamoring to break into the financial world is starting to approach deafening levels. That also makes it harder to hear the worthwhile voices among the mob. Sorting out the cacophony was the subject of the “FinTech Barbarians at the Gates” MarketTech 2015 conference held on Wednesday in New York. The final … Continue reading “Can Banks Ride the Surge of Fintech, Or Has the Wave Gotten Too High?”

East Coast Biotech Roundup: Cancer Vaccines, Biogen, LabCentral & More

There was a loud cheer in New York this week—originating from Queens, to be exact—and it had nothing to do with biotech. The New York Mets, for many years Big Apple baseball’s second-class citizens, stormed through the Chicago Cubs in a four-game demolition and are now headed to the Fall Classic for the first time … Continue reading “East Coast Biotech Roundup: Cancer Vaccines, Biogen, LabCentral & More”

Worthy Secures $8,000,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dd35f803-189e-48ba-8c33-955156e77f81 Date 10/23/2015 Company Name Worthy Mailing Address 551 5th Ave. 20th Floor New York, NY 10176 USA Company Description Worthy is dedicated to providing sellers and buyers with that ultimate win-win. Everyday we bring together buyers and sellers with our luxury auction marketplace. Worthy is led by the very best in … Continue reading “Worthy Secures $8,000,000 Series B Financing”

NASDAQ Acquires SecondMarket for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4f4a71c0-f4fb-4974-865c-993b6d490236 Date 10/22/2015 Company Name SecondMarket Mailing Address 636 Avenue of the Americas New York, NY 10011 USA Company Description We’re empowering entrepreneurs by reinventing the modern stock market and redefining the modern company. We’re enabling companies to provide liquidity, raise capital and communicate with key stakeholders through products that give control … Continue reading “NASDAQ Acquires SecondMarket for Undisclosed Sum”

Gene Therapy Startup Dimension Cuts Price But Bags $72M in IPO

The sentiment for biotechs trying to go public these days continues to be lukewarm. Witness Dimension Therapeutics, which couldn’t hit its IPO pricing goal despite a cadre of big name investors and ties to one of gene therapy’s scientific pioneers. Cambridge, MA-based Dimension sold 5.5 million shares at $13 apiece on Wednesday and will make … Continue reading “Gene Therapy Startup Dimension Cuts Price But Bags $72M in IPO”

Dennis Crowley at Street Fight Summit: Foursquare Always About Data

The original plan for Foursquare was not about building a check-in app—it was about data. Furthermore, creating a recommendation engine and software for navigating unfamiliar cities, based on said data, was always part of the agenda, said co-founder and CEO Dennis Crowley. “The point was to build something that connects little bits of data every … Continue reading “Dennis Crowley at Street Fight Summit: Foursquare Always About Data”

Verizon’s MapQuest Goes Mobile to Compete With Google, Apple Maps

MapQuest is still a thing? MapQuest is still a thing. The company that first introduced the world to turn-by-turn directions in the late ‘90s and early aughts is still around and getting people where they need to go, despite maintaining a quiet presence, well, just about everywhere. “’Is MapQuest still around?’ We hear that quite … Continue reading “Verizon’s MapQuest Goes Mobile to Compete With Google, Apple Maps”

PatientSafe Solutions Expands Strategy, Buys Merck’s Vree Health

San Diego’s PatientSafe Solutions, which specializes in mobile and digital health technologies, has acquired all assets of Vree Health, a Merck subsidiary in Annandale, NJ, focused on technologies and services to reduce hospital readmissions. Terms of the acquisition will not be disclosed, PatientSafe CEO Joe Condurso said by phone earlier this week. PatientSafe plans to … Continue reading “PatientSafe Solutions Expands Strategy, Buys Merck’s Vree Health”

Curacity Obtains $1,425,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=82c241f7-bcd3-4c44-8d2d-491d6238a9ec Date 10/21/2015 Company Name Curacity Mailing Address Undisclosed New York, NY 10027 USA Company Description Curacity, Inc. is a next generation online travel media and booking company that partners with leading media brands to extend and leverage their travel coverage into travel booking platforms. SurfaceHotels.com—a partnership with Surface magazine, the 23-year-old … Continue reading “Curacity Obtains $1,425,000 Seed Financing”

Conversocial Garners New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=252351f5-a3a8-4287-aebb-771d7786aea8 Date 10/21/2015 Company Name Conversocial Mailing Address 79 Madison Avenue New York, NY 10016 USA Company Description Social media is rapidly changing customer service.We’re here to help you stay on top. We’re the leader in social customer service.We know what your customers need, and we know what you need. Website http://www.conversocial.com … Continue reading “Conversocial Garners New Funding Round”

Mouth Foods Garners $5,500,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2c4cf157-247c-4725-808f-f824dde66d41 Date 10/21/2015 Company Name Mouth Foods Mailing Address 68 Jay Street Brooklyn, NY 11201 USA Company Description Our goal is to help you discover and get the best, most delicious and most interesting indie food products and to help indie makers grow their business. Website http://www.mouth.com Transaction Type Venture Equity Transaction … Continue reading “Mouth Foods Garners $5,500,000 New Round”

Sweeten Secures $3,500,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=16db46e9-e746-4086-ae95-f87f948b3c2b Date 10/21/2015 Company Name Sweeten Mailing Address 195 Chrystie Street New York, NY 10002 USA Company Description Sweeten is a fast growing, award-winning tech company that connects homeowners with renovation projects to the best local professionals in design and construction. Website http://www.sweeten.com Transaction Type Venture Equity Transaction Amount $3,500,000 Transaction Round … Continue reading “Sweeten Secures $3,500,000 New Financing”

Cancer Vaccines Back in Vogue as VCs Put $102M Into Gritstone Oncology

Not long ago making an effective cancer vaccine seemed like a dead-end proposition, but that sentiment is changing. The latest evidence: Gritstone Oncology, which makes its debut today with a massive Series A financing. Gritstone has raised a $102 million Series A round led by Versant Ventures and The Column Group. Others pitching in include … Continue reading “Cancer Vaccines Back in Vogue as VCs Put $102M Into Gritstone Oncology”

What’s Your DNA Worth? The Scramble To Cash In On the Genome

The consumer genome. You’ll hear that phrase enough the next couple years that it will gain both the weight and lightness of inevitability. It will feel inevitable because, as we’ve been hearing for years now, DNA is just another long string of crunchable, malleable, transportable code, so it’s just the next destination for the digital … Continue reading “What’s Your DNA Worth? The Scramble To Cash In On the Genome”

illusive networks Receives $22,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4939c357-7203-4e8f-83df-1376bd7276e5 Date 10/20/2015 Company Name illusive networks Mailing Address 590 Madison Ave. New York, NY 10022 USA Company Description We are a team of cyber experts and entrepreneurs with over 50 years of collective experience in cyber warfare and cybersecurity. We built illusive to challenge the biggest cyber threat facing organizations today … Continue reading “illusive networks Receives $22,000,000 Series B Funding”

As SEC Mulls Equity Crowdfunding, CA Entrepreneurs Test Other Options

California is one of the dominant U.S. producers of fruits, nuts, vegetables—and tech startups. In the Silicon Valley, the startups sprouting up each season are nurtured by a host of accelerators and incubators as well as VCs and angel investors providing seed funding. That still leaves some startups hungry for cash, but California is not … Continue reading “As SEC Mulls Equity Crowdfunding, CA Entrepreneurs Test Other Options”

Dining Payment App Reserve Tries to Book a Spot on More Phones

It is getting more crowded at the table for apps used to pay restaurant checks via mobile devices, but New York-based Reserve believes it provides a broader range of services than its rivals. I met up with Reserve’s CEO Greg Hong (pictured above) on Friday before he spoke at the tail end of the Techweek New … Continue reading “Dining Payment App Reserve Tries to Book a Spot on More Phones”

Discovery Over Dogma at Today’s Innovative University

There’s a rich and often controversial conversation going on right now about the role that colleges and universities should play in preparing students—and our society—for the future. One of the most provocative voices in this discussion belongs to David Brooks, the always-thoughtful and always sensitive columnist for The New York Times. Recently, Brooks advanced the … Continue reading “Discovery Over Dogma at Today’s Innovative University”

Knowledge Delivery Systems Receives $3,012,500 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8c078836-8a82-4a9e-b2ed-7f081cf575a1 Date 10/19/2015 Company Name Knowledge Delivery Systems Mailing Address 110 William Street New York, NY 10038 USA Company Description Founded in 2001, Knowledge Delivery Systems (KDS) is a leading provider of online strategic professional development, state certification, master’s degree programs, and career advancement for teachers and administrators at every stage of … Continue reading “Knowledge Delivery Systems Receives $3,012,500 New Financing Round”

VidMob Lands $2,000,000 Seed Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2d673ea8-7e43-4dea-b6d5-7ff340ccf10a Date 10/19/2015 Company Name VidMob Mailing Address 54 Thompson Street 4th Floor New York, NY 10012 USA Company Description To put it simply, there’s just no substitute for the authentic, human creativity that our editors bring to the table. It can’t be plagiarized by an algorithm, synthesized in a lab, or … Continue reading “VidMob Lands $2,000,000 Seed Financing Round”