Dynamite Labs Debuts at New York Tech Meetup, With $1.6M in Hand

At Tuesday night’s New York Tech Meetup, Dynamite Labs demoed its video app for sharing one’s true self—just as the company announced it closed on a $1.6 million seed round. This monthly gathering traditionally brings out early startups, and sometimes just barebones tech. The slideshow above has its fair share of raw ideas, but as noted … Continue reading “Dynamite Labs Debuts at New York Tech Meetup, With $1.6M in Hand”

Ohr Shuffles Leadership, Names CMO Slakter New CEO

Jason Slakter has stepped in as the new CEO of Ohr Pharmaceuticals (NASDAQ: [[ticker:OHRP]]), replacing founder Irach Taraporewala in the head seat of the New York ophthalmics company. Slakter has been Ohr’s chief medical officer since last year, and was the CEO of SKS Ocular—a company Ohr bought in 2014 in a cash-and-stock deal—before that. … Continue reading “Ohr Shuffles Leadership, Names CMO Slakter New CEO”

Zoetis Gets Conditional License for Antibody Treatment of Itchy Dogs

Zoetis (NYSE: [[ticker:ZTS]]), a maker of animal health medicines and vaccines, announced this week that it has received a conditional license from the U.S. Department of Agriculture (USDA) for its immunotherapeutic to treat canine atopic dermatitis, an allergic skin condition in dogs. The company, which bases its research and development operations in Kalamazoo, MI, says its … Continue reading “Zoetis Gets Conditional License for Antibody Treatment of Itchy Dogs”

Mark43 Obtains $10,800,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dd42c63e-45f3-489d-8a31-65d5df35c860 Date 8/5/2015 Company Name Mark43 Mailing Address 27 W 24th St. 5th Floor New York, NY 10010 USA Company Description Mark43 – it’s the 21st century and the next generation of policing software is finally here. Website http://www.mark43.com Transaction Type Venture Equity Transaction Amount $10,800,000 Transaction Round Series A Proceeds Purposes … Continue reading “Mark43 Obtains $10,800,000 Series A Funding Round”

Advance Publications Acquires 1010data for $500,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4e7a0970-df49-4622-8b2b-c2c1ef0583d2 Date 8/5/2015 Company Name 1010data Mailing Address 750 Third Avenue 4th Floor New York, NY 10017 USA Company Description 1010data was founded in 2000 by pioneers of large-scale data systems on Wall Street. Drawing on that experience and newly available technologies, the company developed a web-based service and the underlying software … Continue reading “Advance Publications Acquires 1010data for $500,000,000”

Astia Expanding Its Booster Network for Women Entrepreneurs

Sharon Vosmek, the CEO of a Silicon Valley non-profit that has been working for 15 years to boost access to financing for women tech entrepreneurs, says she sees no encouraging statistics on that score as yet. What has changed, though, is the number of people and organizations engaged in the dialog about gender diversity in … Continue reading “Astia Expanding Its Booster Network for Women Entrepreneurs”

Dreamit New York’s Demo Day Unveils New Ideas in Messaging and Media

Tuesday was a big day for tech demos. While President Barack Obama prepared to play host for the first ever demo day at the White House—which included representatives from the New York Tech Meetup and Techstars—the folks at Dreamit Ventures held their own demo day in New York for their latest class. Eleven startups graduated … Continue reading “Dreamit New York’s Demo Day Unveils New Ideas in Messaging and Media”

As White House Hosts Demo Day, Techstars and Others Push Diversity

It’s no secret that the tech industry has diversity problems. Xconomy has covered the topic extensively, highlighting various allegations of misogyny, sexism, and harassment that occur at startups, as well as folks who are trying to change it for the better. That includes individuals like Robin Hauser Reynolds, who described the work of her documentary, … Continue reading “As White House Hosts Demo Day, Techstars and Others Push Diversity”

In Tough Diagnostics World, Will Ruling Out Cancer Be Good Business?

The high cost of cancer treatments is a huge topic of conversation these days. One way to trim those costs is to not give treatments to people who don’t need them. That sounds like a no-brainer, but it’s a knotty problem, and it’s at the heart of the current debate over the nationwide practice of … Continue reading “In Tough Diagnostics World, Will Ruling Out Cancer Be Good Business?”

Provista Diagnostics Receives $6,046,254 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4fb3efe6-4ecc-45de-973c-7ad8c41f6d01 Date 8/4/2015 Company Name Provista Diagnostics Mailing Address 160 Varick Street New York, NY 10013 USA Company Description Provista Diagnostics, Inc. develops and commercializes breakthrough, easy to administer blood-based diagnostic tests for early oncology-related disease state recognition and detection purposes. Website http://www.provistadx.com Transaction Type Venture Equity Transaction Amount $6,046,254 Transaction Round … Continue reading “Provista Diagnostics Receives $6,046,254 New Funding Round”

Arthena Paints an Equity Crowdfunding Plan for Collections of Art

There is a bit more culture in equity crowdfunding with New York-based Arthena on the scene. The online platform is a way for folks with deep enough pockets to invest in art collections. Original works of Vincent van Gogh obviously will not be up for grabs—CEO and founder Madelaine D’Angelo says Arthena focuses on contemporary, … Continue reading “Arthena Paints an Equity Crowdfunding Plan for Collections of Art”

Shire Snaps up New York’s Foresight Bio in $300M Pink Eye Deal

How much is a new treatment for pink eye worth? For one on the verge of Phase 3 testing, about $300 million. That’s the figure Shire, the Ireland and Lexington, MA-based based rare disease specialist, has agreed to pay for a small New York-based biotech called Foresight Biotherapeutics, Shire announced this morning. Few details about … Continue reading “Shire Snaps up New York’s Foresight Bio in $300M Pink Eye Deal”

Taking the Social Media Plunge at the C-Level

“You’ve got to play to win.” “With great risk, comes great reward.” Both of those popular phrases address the same concept – that in order for a company to grow, the leaders must be invested in every aspect of the business and willing to embrace technology, communication, and social changes. That idea is especially important … Continue reading “Taking the Social Media Plunge at the C-Level”

Debugging the Gender Gap: Filmmaker Warns of Economic Crisis in Tech

As a former stockbroker, Robin Hauser Reynolds knows what it’s like to be a woman in a field dominated by men. Over the past couple of years, the San Francisco Bay Area film director and self-described feminist has immersed herself in another industry that has become notorious for its gender gap: tech. Poor gender diversity … Continue reading “Debugging the Gender Gap: Filmmaker Warns of Economic Crisis in Tech”

Drug Discovery in Seattle 2015: An Updated History

The drug discovery and development process is a difficult one that takes considerable expertise in both the research and business realms. Seattle (and the rest of Washington state) currently has approximately 112 drug-focused biotechnology companies, 17 of which are publicly traded either in the U.S. or Japan. The area also has a number of non-profit … Continue reading “Drug Discovery in Seattle 2015: An Updated History”

Vidcode Secures $100,000 Seed Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=268d4727-7e79-4c03-a0d2-b9028209ee96 Date 8/3/2015 Company Name Vidcode Mailing Address 550 E 7th St. Brooklyn, NY 11218 USA Company Description Vidcode has grown to be an important part of my after-school program! It has provided a way for my girls to actually see the results of their code in an immediate way and express … Continue reading “Vidcode Secures $100,000 Seed Financing Round”

Advocates for STEAM Gather at Tumblr, Talk Need to Reach More Kids

The prosperity of New York, and frankly the country, rests on the commitment to train more kids for careers yet to be invented. That was a key takeaway from Thursday night’s #STEAMFWD panel at Tumblr headquarters in New York. Advocates for education in science, technology, engineering, art, and math discussed the need for dedicated efforts … Continue reading “Advocates for STEAM Gather at Tumblr, Talk Need to Reach More Kids”

East Coast Biotech Roundup: Regeneron, Synergy, Foundation & More

Biotech was in recovery mode this week. After Biogen’s (NASDAQ: [[ticker:BIIB]]) disappointing quarterly results send the sector’s indices downward, investors looked to other industry stalwarts, like Gilead Sciences (NASDAQ: [[ticker:GILD]]), to right the ship (Gilead succeeded, as Alex Lash writes here). On the East Coast, a couple of New York biotechs helped the cause. Those … Continue reading “East Coast Biotech Roundup: Regeneron, Synergy, Foundation & More”

Integral Ad Science Secures $40,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=27392219-e252-43bb-a085-8c5bad7ab561 Date 7/31/2015 Company Name Integral Ad Science Mailing Address 95 Morton St. 8th Floor New York, NY 10014 USA Company Description Since launching the industry’s first preventative brand safety solution in 2009, powered by our constant growth and innovation, we have built a global media valuation platform that is integral to … Continue reading “Integral Ad Science Secures $40,000,000 New Funding”

Junior Explorers Receives $100,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=16369114-3a60-4d1e-9cfc-52a001ca3b60 Date 7/31/2015 Company Name Junior Explorers Mailing Address 195 Plymouth Street Brooklyn, NY 11201 USA Company Description Our mission is rooted in the belief that you only protect something that you love and you can only love things you are connected to. From this belief, Junior Explorers was developed as a … Continue reading “Junior Explorers Receives $100,000 Seed Financing”

Recipe App Handpick Launches Online Meal Kit Service for the 99%

Lately I’ve been thinking a lot about tech sectors that are well established, but still see new entries keep piling in. Why are all these latecomer startups so hopeful as they launch, for example, another digital marketing idea or cloud collaboration toolset? Are there some sectors that can still reward clever newbies in a crowded … Continue reading “Recipe App Handpick Launches Online Meal Kit Service for the 99%”

Synergy Hits Mark on Second Trial, Eyes Approval For Constipation Drug

It looks like Synergy Pharmaceuticals may have a drug on its hands. Shares of the New York-based company surged over 15 percent in pre-market trading this morning after its drug for chronic idiopathic constipation (CIC), plecanatide, hit all of its goals in the second of two Phase 3 trials. As with an earlier study in … Continue reading “Synergy Hits Mark on Second Trial, Eyes Approval For Constipation Drug”

Catchpoint Systems Obtains $16,000,000 Series C Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cff5887a-bfa8-428d-a05f-04a5f7d5e512 Date 7/30/2015 Company Name Catchpoint Systems Mailing Address 150 W 30th Street 3rd Floor New York, NY 10001 USA Company Description Catchpoint provides real time analytics in the end to end performance of internet services. Our web performance and application monitoring tools allow companies to measure the behavior of their services … Continue reading “Catchpoint Systems Obtains $16,000,000 Series C Financing”

Behalf Lands $119,000,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=36155176-d036-4e95-8b6c-7582f1c1c038 Date 7/30/2015 Company Name Behalf Mailing Address 3 W 18th St. New York, NY 10011 USA Company Description We’re real people ourselves. We believe in American small businesses, made up of people like us, who have a strong work ethic and value their relationships with their vendors and partners. That’s why … Continue reading “Behalf Lands $119,000,000 Series B Funding Round”

Jun Group Secures $28,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=56f556cc-c310-4e64-9657-7d15cf65cfbc Date 7/30/2015 Company Name Jun Group Mailing Address 650 5th Avenue 27th Floor New York, NY 10019 USA Company Description Jun Group has been a leader in social video since 2005. We’re privately held, with offices in New York and Los Angeles. Our clients are Fortune 500 brands, major entertainment companies, … Continue reading “Jun Group Secures $28,000,000 New Funding”

BioLite Secures $5,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a80d6c06-41f1-4e8e-bc24-c8716f6d8283 Date 7/30/2015 Company Name BioLite Mailing Address Undisclosed Brooklyn, NY 11201 USA Company Description Forget the fossil fuels and create a smokeless flame using the wood around you. Power your devices while you make your meals with BioLite’s TEG technology. Website http://www.biolitestove.com Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round … Continue reading “BioLite Secures $5,000,000 Series B Funding”

Wellth Secures $50,000 Seed Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=33fc374b-fe7d-405f-8fb2-21f6de6fb1ff Date 7/30/2015 Company Name Wellth Mailing Address Undisclosed New York, NY 10022 USA Company Description Wellth works together with healthcare payors to produce cost-saving behavior changes in their members through science-based incentive plans. Website http://www.wellthapp.com Transaction Type Accelerator Transaction Amount $50,000 Transaction Round Seed Proceeds Purposes The company will use the … Continue reading “Wellth Secures $50,000 Seed Funding Round”

Foresite Capital Keeps Late-Stage Healthcare Focus With $450M Third Fund

Foresite Capital is launching its third fund in as many years. It has closed the $450 million Foresite Capital Fund III, bringing the healthcare-focused firm’s assets to more than $1 billion, the company said in a statement today. With its new fund, Foresite, which has offices in San Francisco and New York, aims to invest … Continue reading “Foresite Capital Keeps Late-Stage Healthcare Focus With $450M Third Fund”

Accelerate LI, Eyeing New Seed Fund, Debuts Ninth Grad: Envisagenics

It’ll be several years before we’ll know whether the efforts of Accelerate Long Island lead to successful, sustainable companies. But with the emergence of its latest graduate today, Envisagenics, Accelerate LI can now say it’s helped get nine startups hailing from Long Island’s research institutions off the ground. Accelerate LI and its strategic partner, the … Continue reading “Accelerate LI, Eyeing New Seed Fund, Debuts Ninth Grad: Envisagenics”

Integral Ad Science Receives $27,000,070 Series E Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cb5e9796-0938-43a7-8bfb-53be4894dd63 Date 7/29/2015 Company Name Integral Ad Science Mailing Address 95 Morton St. 8th Floor New York, NY 10014 USA Company Description Since launching the industry’s first preventative brand safety solution in 2009, powered by our constant growth and innovation, we have built a global media valuation platform that is integral to … Continue reading “Integral Ad Science Receives $27,000,070 Series E Funding Round”

SnagFilms Secures $3,880,181 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cf638410-319e-43eb-a92e-a7d612d7a589 Date 7/29/2015 Company Name SnagFilms Mailing Address 665 Broadway New York, NY 10012 USA Company Description SnagFilms.com is a website where you can watch full-length documentary films for free, but we’re also a platform that lets you snag a film and put it anywhere on the web. Website http://www.snagfilms.com Transaction Type … Continue reading “SnagFilms Secures $3,880,181 New Financing Round”

With $550M Fund, Deerfield Management Tackles Early Stage Biotech

Developing lab research into the foundations of a profitable biotech company has always been a high-risk, high-reward business. Deerfield Management, a New York-based healthcare investor with more than $5 billion under management and two decades of experience, has created a new $550 million fund that targets early stage science from academic medical centers and hospitals. … Continue reading “With $550M Fund, Deerfield Management Tackles Early Stage Biotech”

DraftKings CEO: Early interest From MLB, Kraft Group ‘Eye-Opening’

DraftKings is in a growth phase, attempting to draw as many users as possible to its daily fantasy sports website, which in turn the company hopes will drive more sports fans to advertising partners that include ESPN and FOX Sports, according to CEO and co-founder Jason Robins. The Boston-based startup this week raised a $300 million Series … Continue reading “DraftKings CEO: Early interest From MLB, Kraft Group ‘Eye-Opening’”

Vero Launches Social Media App to Mirror Real World Relationships

Another would-be rival to Facebook’s dominance in the social media world unveiled an iPhone app Tuesday, coming out of closed beta, and hinged its hopes on a promise to make digital connections behave more like real world relationships. Self-funded Vero, with offices in New York and overseas, developed an app that lets people put their … Continue reading “Vero Launches Social Media App to Mirror Real World Relationships”

Sanofi, Regeneron Set Sights on Immuno-Oncology With New $2B+ Pact

Regeneron Pharmaceuticals has risen to prominence in part by working with Sanofi to develop drugs for a number of diseases, most recently high cholesterol. Now the two are trying their hands at biotech’s hottest, and most crowded field, immuno-oncology, through a new wide-ranging deal that will see the two companies jointly invest more than $2 … Continue reading “Sanofi, Regeneron Set Sights on Immuno-Oncology With New $2B+ Pact”

Socure Secures $2,299,973 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5d242f41-12fe-4454-9190-69620a37b78c Date 7/28/2015 Company Name Socure Mailing Address 110 Fifth Ave. 5th Floor New York, NY 10011 USA Company Description Socure combines a patent-pending artificial intelligence system, proprietary machine learning algorithms and social behavior pattern analysis to detect if an ID is authentic, a fraudster or a bot. Website http://www.socure.com Transaction Type … Continue reading “Socure Secures $2,299,973 New Funding”

eVisit Obtains $1,000,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e6607b3e-2cdf-4b6f-9ae5-912ebada2a6d Date 7/28/2015 Company Name eVisit Mailing Address Undisclosed New York, NY 10001 USA Company Description eVisit is a phone and online video service for Pfizer employees and their families. Powered by Teladoc’s network of physicians, eVisit provides diagnosis and treatment. Website http://evisit.pfizer.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round … Continue reading “eVisit Obtains $1,000,000 Seed Financing”

uBeam Secures $8,950,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9fcefdbe-60c7-44db-875e-bfb6f145d4d7 Date 7/28/2015 Company Name uBeam Mailing Address 12 W. 57th St. New York, NY 10019 USA Company Description uBeam beams electricity through the air to charge all of your portable electronics remotely and wirelessly. It’s like Wi-Fi for energy. Website http://www.ubeam.com Transaction Type Debt Transaction Amount $8,950,000 Transaction Round Undisclosed Proceeds … Continue reading “uBeam Secures $8,950,000 New Financing Round”

ShopKeep Garners $60,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7443e354-a28a-475d-ba69-b136f8139827 Date 7/28/2015 Company Name ShopKeep Mailing Address 143 Varick Street New York, NY 10013 USA Company Description ShopKeep has developed a point-of-sale platform that retailers can use on the Apple iPad as well as with Mac-powered registers. The company also provides Web-based software, which can run in any browser, for inventory … Continue reading “ShopKeep Garners $60,000,000 New Round”

Qlik CEO Lars Björk Discusses Big Data and Artificial “Stupidity”

Big data has been a hot topic for awhile now, putting companies such as Qlik in an in-demand market—that also gets noisier and noisier by the hour. Startups and larger software developers trip over each other trying be the service that sorts out mountains of digital information. Microsoft has teams of researchers here constantly creating … Continue reading “Qlik CEO Lars Björk Discusses Big Data and Artificial “Stupidity””

Are Qualcomm Layoffs a Disaster for San Diego—or an Opportunity?

After years of strong corporate and financial growth, the pace of change in the wireless industry has forced a massive global layoff at San Diego-based Qualcomm (NASDAQ: [[ticker:QCOM]]. If the wireless giant had only 1,000 employees, a layoff of 150 folks would not be big news. But with a worldwide payroll of 31,000, and a … Continue reading “Are Qualcomm Layoffs a Disaster for San Diego—or an Opportunity?”

Dynamite Labs Garners $1,600,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=10fd5ecd-bacb-4869-94ac-189dc92b6d57 Date 7/27/2015 Company Name Dynamite Labs Mailing Address Undisclosed New York, NY 10001 USA Company Description We at Dynamite have an important mission — to make it easy for everyone to share their experiences. No matter where you come from, no matter what your experience, we want to hear your voice, … Continue reading “Dynamite Labs Garners $1,600,000 Seed Round”

Hometeam Lands $11,000,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5acd1a52-97e7-4ec7-8885-d4139273bebb Date 7/27/2015 Company Name Hometeam Mailing Address Undisclosed New York, NY 10001 USA Company Description Powered by compassion and strengthened by technology, Hometeam is moving home care forward, improving the lives of families and Caregivers. Website http://www.hometeamcare.com Transaction Type Venture Equity Transaction Amount $11,000,000 Transaction Round Series A Proceeds Purposes The … Continue reading “Hometeam Lands $11,000,000 Series A Financing”

FDA OKs Cholesterol Fighter Praluent For More Patients Than Expected

The FDA has approved alirocumab (Praluent), a drug that gives people who aren’t helped enough by statins a new option to lower their cholesterol and fight heart disease. How many people might that be, however, is a subject of intense scrutiny, as the FDA seems to have given doctors wide discretion in prescribing the drug. … Continue reading “FDA OKs Cholesterol Fighter Praluent For More Patients Than Expected”

Canary Edging Forward with its Plan to Democratize Home Security

Everyone wants to be more secure, at least that is the sentiment that Adam Sager, CEO and co-founder of Canary, is using to fuel his company’s momentum with. At an event Wednesday night for the New York-based startup, Sager gave a tiny glimpse of what Canary has been up to lately. Canary’s wireless smart home … Continue reading “Canary Edging Forward with its Plan to Democratize Home Security”

East Coast Biotech Roundup: Biogen, RaNA, Inotek, Disruptors & More

This week offered a reminder of how quickly success can come and go in biotech. One of the Boston area’s stalwart biotechs saw its stock land right back where it had been last year before a short-lived boom; another had its coming out party on Wall Street after some good news from the FDA. Those … Continue reading “East Coast Biotech Roundup: Biogen, RaNA, Inotek, Disruptors & More”

Scynexis Sells CRO Business to Avista, Turns Focus to Antifungal Drug

Scynexis, which has straddled the drug business as both a drug developer and a services provider for other pharmaceutical companies, is now exclusively focused on developing its own drugs. The Durham, NC, company announced Thursday that it has sold its contract research business to Avista Pharma Solutions for an undisclosed price. Scynexis (NASDAQ: [[ticker:SCYX]]) will … Continue reading “Scynexis Sells CRO Business to Avista, Turns Focus to Antifungal Drug”

“Boston’s Life Science Disruptors” to Share Their Stories on Sept. 30

The concept of “disruption” has become a buzzword in biotech, a term signifying the dreams of companies looking to make a big impact on the world of healthcare. Yet that type of risk-taking and innovation typifies the startup biotech, where the odds are stacked against you and the road to success is long, costly, and … Continue reading ““Boston’s Life Science Disruptors” to Share Their Stories on Sept. 30”

Companies May Stay Private as VCs Invest $32.5B, Report Says

As record levels of venture funding piles into startups, more companies may stay private rather than file for initial public offerings, according to venture capital database CB Insights and accounting firm KPMG. Private companies raised more than $32.5 billion in the second quarter of 2015, with about half of the total coming from 61 deals … Continue reading “Companies May Stay Private as VCs Invest $32.5B, Report Says”