Shire plans to spend more than $100 million to develop a new campus in San Diego, where the Irish specialty pharmaceutical wants its regenerative medicine acquisitions to coalesce into a $1 billion business, according to Kevin Rakin, Shire’s Regenerative Medicine President. “We believe we’re on the front lines in a new era [with regenerative medicine],” … Continue reading “SD at Center of Shire’s Plan for Regenerative Medicine Business”
Category: San Diego
GreatCall Obtains $704,623 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ce5cc6f1-140e-4a68-b63d-7dbe930f3030&Preview=1 Date 6/14/2012 Company Name GreatCall Mailing Address 12680 High Bluff Dr San Diego, CA 92130 Company Description GreatCall Inc. is a Del Mar Calif based provider of Jitterbug mobile phones and services for baby boomers. Website http://www.greatcall.com Transaction Type Venture Equity Transaction Amount $704,623 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “GreatCall Obtains $704,623 New Funding”
HaulerDeals Obtains $1,000,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aa22ba52-45bf-40aa-bb53-acca212f64cb&Preview=1 Date 6/13/2012 Company Name HaulerDeals Mailing Address Undisclosed Los Angeles, CA 90049 Company Description HaulerDeals is upbeat, in the loop and fresh. Our users and shoppers aren’t wallflowers – so neither are we. We talk to them like a cool big sister who’s excited to show off her latest haul. Smart. … Continue reading “HaulerDeals Obtains $1,000,000 Seed Funding”
Row 44 Lands $45,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d2c1f750-e6ee-459e-9e09-da5605c2533f&Preview=1 Date 6/13/2012 Company Name Row 44 Mailing Address 4353 Park Terrace Drive Westlake Village, CA 91361 Company Description Row 44 is the fast, global, fleet-wide solution for in-flight broadband services – high-speed Internet, video entertainment, cell phone roaming, and airline operational in-flight communications. The Row 44 system offers wide-body, narrow-body and … Continue reading “Row 44 Lands $45,000,000 New Round”
Dental Implant Startup Wins Top Prize at UCSD Entrepreneur Challenge
Nasseo, a medical device startup with new technology for dental and orthopedic implants, won the sixth annual UC San Diego Entrepreneur Challenge, a competition for seed-stage startups. The challenge has been drawing broader interest among students and young scientists training in labs throughout Torrey Pines Mesa, where many of San Diego’s elite biomedical research institutes … Continue reading “Dental Implant Startup Wins Top Prize at UCSD Entrepreneur Challenge”
Qualcomm Offers Cash Prizes for Mobile Apps at Uplinq Hackathon
The X Prize Foundation likes to say its first $10 million prize (for successfully demonstrating a private rocket can reach space) has multiplied 100-fold, resulting in a $1 billion private space industry—not to mention the benefits of worldwide media coverage in 2004, when SpaceShipOne claimed the prize. In recent years, it’s become increasingly clear that … Continue reading “Qualcomm Offers Cash Prizes for Mobile Apps at Uplinq Hackathon”
JOBS Act: Important Benefits for Startups Not on the IPO On-Ramp
The JOBS Act is probably best-known for creating an “IPO on ramp” intended to reduce the cost and complexity of going public, but the act also contains important benefits for startups that are years away from an IPO, or never plan to go public. By loosening decades-old restrictions on private fundraising, permitting a new financing … Continue reading “JOBS Act: Important Benefits for Startups Not on the IPO On-Ramp”
Shire Unveils Plan for SD Campus, Regenerative Medicine Expansion
Shire (NASDAQ: [[ticker:SHPGY]]), the Irish drug giant that acquired San Diego’s Advanced BioHealing a year ago, says today it has been working with San Diego-based BioMed Realty Trust to develop a corporate campus in San Diego as part of a substantial expansion of its regenerative medicine business. The move is expected to generate “several hundred … Continue reading “Shire Unveils Plan for SD Campus, Regenerative Medicine Expansion”
Ready or Not, Genomics is Coming to a Hospital Near You
First came genomics for scientists. Then came genomics for Big Pharma. But this year, at a faster pace than many industry insiders anticipated, we’re seeing genomics enter the world of real-life care for patients. This idea would have sounded like science fiction a couple years ago. It took researchers 13 years and about $3 billion … Continue reading “Ready or Not, Genomics is Coming to a Hospital Near You”
Ford’s Sustainability Roadmap: From EVs to a Future Beyond Cars
When Dan Kapp, Ford’s director of power-train research and advanced engineering, came through San Diego a week or so before Christmas, he told me the first all-electric Focus cars would arrive here in time for Valentine’s Day. Yesterday, the Focus EV road show came through town again as part of a promotional tour ahead of … Continue reading “Ford’s Sustainability Roadmap: From EVs to a Future Beyond Cars”
The TV Revolution Will Be in Slow-Mo, Says Flingo CEO
Henry Blodget, the CEO and editor-in-chief of Business Insider, argued in a column this week that the television industry could suffer a sudden revenue collapse as consumers shift their TV viewing to on-demand, Internet-mediated services like Netflix and iTunes. Blodget thinks network and cable executives are in denial about the danger—just as newspaper publishers were … Continue reading “The TV Revolution Will Be in Slow-Mo, Says Flingo CEO”
Gumhouse Receives $6,249,988 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=552b1e7a-bebb-4226-a8ad-6d25da47d113&Preview=1 Date 6/8/2012 Company Name Gumhouse Mailing Address 1410 2nd Street Santa Monica, CA 90401 Company Description According to the Gumhouse.com website, the service is described as a “social stream video shopping network,” which uses Facebook to personalize your shopping experience. After a little digging, it appears the service has already soft … Continue reading “Gumhouse Receives $6,249,988 New Financing Round”
SD Biotech Roundup: Astute Raises $40M, Correlation Tries New VC Model
Here’s a short, but interesting roundup of life sciences news over the past week. —San Diego-based Astute Medical, which targets certain biomarkers to rapidly diagnose sepsis and other acute conditions, says today it has raised $40.4 million in a Series C Financing led by MPM Capital and Kaiser Permanente Ventures. The company raised roughly the … Continue reading “SD Biotech Roundup: Astute Raises $40M, Correlation Tries New VC Model”
Dedicated Media Receives $5,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=225026ef-1001-4eae-bb64-192b489f4516&Preview=1 Date 6/7/2012 Company Name Dedicated Media Mailing Address 909 Sepulveda Blvd El Segundo, CA 90245 Company Description The digital media landscape is evolving faster than many of us could have imagined just a few years ago. The rapid rise of social media use and the proliferation of connected devices have revolutionized … Continue reading “Dedicated Media Receives $5,000,000 New Financing”
Astute Medical Receives $40,400,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=502bb33f-9c93-4e2c-92b3-9129839e265e&Preview=1 Date 6/7/2012 Company Name Astute Medical Mailing Address 3550 General Atomics Court MS 02/641 San Diego, CA 92121 Company Description Astute Medical’s mission is to identify and validate protein biomarkers of severe acute disease.Our focus is community and hospital acquired acute conditions that require rapid diagnosis and risk assessment. Our emphasis … Continue reading “Astute Medical Receives $40,400,000 Series C Funding”
Surf Air Lands Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e584555b-1d95-4f2b-a8c9-dfaee42ca3aa&Preview=1 Date 6/7/2012 Company Name Surf Air Mailing Address 910 Colorado Ave Santa Monica, CA 90401 Company Description Surf Air, a new membership-based air service providing short jaunts between California hot spots like Palo Alto, Monterey, Santa Barbara and L.A. Website http://www.surfair.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Series … Continue reading “Surf Air Lands Series A Financing Round”
A Big Crowd and Signs of Increasing VC Activity Mark SD Venture Summit
“Clearly, there’s more activity here today than there was a year or two ago,” Dave Titus said as he was making final preparations for today’s San Diego Venture Group Summit. As a litmus test for San Diego’s innovation economy, the signals coming out of the annual event were all green. More than 640 people registered, … Continue reading “A Big Crowd and Signs of Increasing VC Activity Mark SD Venture Summit”
Emerging Challenges of Prostate Cancer Drug Development
The world’s largest cancer meeting of scientists, physicians and industry has just ended in Chicago. The annual meeting of the American Society of Clinical Oncology (ASCO) attracted over 30,000 attendees to hear leading experts on the latest in cancer drug development. From what I heard at ASCO, biotechnology and pharmaceutical companies with new prostate cancer … Continue reading “Emerging Challenges of Prostate Cancer Drug Development”
ReShape Medical Secures $1,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=15ce2259-e0e2-40ce-adf3-f47a770625ef&Preview=1 Date 6/6/2012 Company Name ReShape Medical Mailing Address 100 Calle Iglesia San Clemente, CA 92672 Company Description The company is developing a medical device to treat obesity. Website http://www.reshapemedical.com Transaction Type Debt Transaction Amount $1,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture … Continue reading “ReShape Medical Secures $1,500,000 New Financing Round”
Wanelo Obtains $2,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7c7ab0e1-29e6-436e-bfb5-a07da75eba63&Preview=1 Date 6/6/2012 Company Name Wanelo Mailing Address Undisclosed Los Angeles, CA 90001 Company Description Wanelo is a social store curated by the community. Users post, collect and organize products and follow people and stores they like. Website http://www.wanelo.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Series A Proceeds Purposes … Continue reading “Wanelo Obtains $2,000,000 Series A Funding Round”
Covario Expands Rio SEO Product Line with Top Local Search Deal
San Diego’s Covario, which provides search marketing services for Fortune 500 companies, says today it has acquired Top Local Search, a San Diego-based firm that provides “hyperlocal” search engine optimization (SEO) products and services. Covario plans to combine Top Local Search with its new Rio SEO business unit, which was created in April to serve … Continue reading “Covario Expands Rio SEO Product Line with Top Local Search Deal”
Enroute to Health Datapalooza, Esri’s Davenhall Sees Opportunity in Apps
The Health Datapalooza, which began in 2010 as the Community Health Data Initiative, convenes today and continues through tomorrow in Washington, DC. An estimated 1,200 people are expected to attend the conference, which opened this morning at the Washington Convention Center with a keynote address by Todd Park, the Athenahealth co-founder who three months ago … Continue reading “Enroute to Health Datapalooza, Esri’s Davenhall Sees Opportunity in Apps”
ASCO Wrap-Up: A Summary of This Week’s Cancer R&D Headlines
There’s so much going on in the world of cancer drug R&D that it’s hard to keep up with all the news about drugs that are changing the standards of care. And quite a few of those standards are changing, based on a quick rundown of what was new at this year’s American Society of … Continue reading “ASCO Wrap-Up: A Summary of This Week’s Cancer R&D Headlines”
Seismic Games Obtains $738,332 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=45b9f5e5-cbc5-4693-b60f-97c615283eab&Preview=1 Date 6/5/2012 Company Name Seismic Games Mailing Address 3384 Robertson Place Los Angeles, CA 90034 Company Description We are a game developer based in Los Angeles. We make social games (like the ones you play on Facebook) and we’re hard at work on our debut title. Website http://www.seismicgames.com Transaction Type Venture … Continue reading “Seismic Games Obtains $738,332 New Financing Round”
BillMyParents Garners $5,712,431 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1b57f8b9-06a8-445e-8569-d9aa7a078fa0&Preview=1 Date 6/5/2012 Company Name BillMyParents Mailing Address 6440 Lusk Blvd San Diego, CA 92121 Company Description BillMyParents, Inc. is a financial solutions company focused on helping teens and young adults between the ages of 13 and 18 to manage spending. Website http://www.billmyparents.com Transaction Type Venture Equity Transaction Amount $5,712,431 Transaction Round … Continue reading “BillMyParents Garners $5,712,431 Series B Funding Round”
Awarepoint Adds $14M to Fund its Continuing Expansion
San Diego-based Awarepoint, which raised $27 million in a Series F financing round last August, says today it’s raised $14 million in additional financing, with the Heritage Healthcare Innovation Fund putting up $7.5 million of the total. A spokeswoman for Awarepoint says the new funding is not part of last year’s Series F funding, so … Continue reading “Awarepoint Adds $14M to Fund its Continuing Expansion”
Barclaycard Acquires Social Couponing Startup Analog Analytics
Analog Analytics, the Solana Beach, CA-based entry in the online social coupon business, got its own deal of the day. Founder Ken Kalb says in a recent email to local business leaders that Barclaycard, a member of the Barclays global financial services giant, has acquired the four-year-old company. As I reported a year ago, Analog … Continue reading “Barclaycard Acquires Social Couponing Startup Analog Analytics”
Building Bridges in a New Global Health Landscape
[Editor’s note: This article is adapted from a speech given at PATH’s annual Breakfast for Global Health on May 22, 2012.] Today I begin a new chapter in my life as president and CEO of the global health organization PATH. Why has this business and social entrepreneur, IP attorney, and human rights activist made this … Continue reading “Building Bridges in a New Global Health Landscape”
Why Would a Biotech Company Go the Trouble of Changing Its Name?
[Updated 1:26 pm PT with survey results] If you’re trying to figure out what the heck a certain biotech company does, the last place to look is usually the company name. Names often don’t mean much, or at least it isn’t obvious. But sometimes you actually can learn a lot about what makes a company … Continue reading “Why Would a Biotech Company Go the Trouble of Changing Its Name?”
Eventup Secures $1,800,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e8649d5-bf88-492b-9d9e-d33b1bc57623&Preview=1 Date 6/4/2012 Company Name Eventup Mailing Address 1410 2nd St Santa Monica, CA 90401 Company Description Eventup is a marketplace that connects people who are looking to find and book the perfect venue for their event with venue owners who are looking to rent out their space. We give people access … Continue reading “Eventup Secures $1,800,000 New Financing”
J&J Prostate Cancer Trial Shouldn’t Have Been Stopped Early
One of the more anticipated clinical trials at this year’s American Society of Clinical Oncology (ASCO) meeting was for Johnson & Johnson’s abiraterone (Zytiga) in prostate cancer patients. This study, known as COU-AA-302, was stopped early because independent monitors said the drug was clearly effective. But that decision to stop the trial early is questionable, … Continue reading “J&J Prostate Cancer Trial Shouldn’t Have Been Stopped Early”
New San Diego VC Firm Emerges as ‘The Moneyball of Venture Capital’
[Corrected 6/5/12, 10:05 pm. See below.] Here’s some big news for San Diego’s innovation economy: There’s a new venture capital firm in town—and its investment methodology represents a fundamentally different approach to the conventional business model for venture investing. The firm, Correlation Ventures, is using predictive analytics technology to tilt the odds in its favor. … Continue reading “New San Diego VC Firm Emerges as ‘The Moneyball of Venture Capital’”
The Pace of Re-Imagination: We All Live in Dog Years Now
My dog Rhody, an Australian Shepherd, turned 15 a few weeks ago. He’s a living refutation of the old myth that dogs age as much in one year as humans do in seven. By that formula he’d be acting like a doddering 105-year-old, but if you met him you’d agree that he doesn’t seem a … Continue reading “The Pace of Re-Imagination: We All Live in Dog Years Now”
CitizenGlobal Receives $2,125,716 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d6dced03-3c35-4ae7-a550-9f8123ada337&Preview=1 Date 6/1/2012 Company Name CitizenGlobal Mailing Address 515 Boccaccio Ave Venice, CA 90291 Company Description The company has created a website and service that allows users to upload their news oriented film clips. Website http://www.citizenglobal.com Transaction Type Debt, Venture Equity Transaction Amount $2,125,716 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “CitizenGlobal Receives $2,125,716 New Financing”
CitizenGlobal Lands $2,125,716 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d6dced03-3c35-4ae7-a550-9f8123ada337&Preview=1 Date 6/1/2012 Company Name CitizenGlobal Mailing Address 515 Boccaccio Ave Venice, CA 90291 Company Description The company has created a website and service that allows users to upload their news oriented film clips. Website http://www.citizenglobal.com Transaction Type Debt, Venture Equity Transaction Amount $2,125,716 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “CitizenGlobal Lands $2,125,716 New Financing Round”
SD Biotech Roundup: Wireless Sensor Prize, Zogenix, Sangart, & More
The X Prize Foundation’s Peter Diamandis came to San Diego to announce the formation of a new incentive prize competition, while a variety of companies disclosed new funding deals. It’s all part of our roundup of local life sciences news. —San Diego-based Sangart, which has been developing an oxygen-carrying compound for treating the effects of … Continue reading “SD Biotech Roundup: Wireless Sensor Prize, Zogenix, Sangart, & More”
Ambit Biosciences Receives $7,066,803 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eb4edd12-ea86-46f6-ae99-79c01e19123b&Preview=1 Date 5/31/2012 Company Name Ambit Biosciences Mailing Address 4215 Sorrento Valley Blvd. San Diego, CA 92121 Company Description Ambit Biosciences is a privately-held biopharmaceutical company engaged in the discovery and development of small-molecule kinase inhibitors for the treatment of cancer. Website http://www.ambitbio.com Transaction Type Venture Equity Transaction Amount $7,066,803 Transaction Round … Continue reading “Ambit Biosciences Receives $7,066,803 New Round”
Roambi Expands Core Business to Specialized Publishers of Biz Intel
When Mellmo’s founders were just sitting down to design their compelling mobile technology for visualizing business intelligence (BI) data, they realized how it might be used in other ways. “We could see there may some interesting use cases for the product outside the usual BI application,” says Mellmo co-founder and president Quinton Alsbury. Today, just … Continue reading “Roambi Expands Core Business to Specialized Publishers of Biz Intel”
Basic Biology: The Complex Core of Drug Discovery
The hardest task in major league sports is hitting a baseball. Those who can successfully do this even three out of every ten times over the course of a career are likely to find themselves enshrined in Cooperstown at the Hall of Fame. Unfortunately, scientists who strive to discover new medicines can only fantasize about … Continue reading “Basic Biology: The Complex Core of Drug Discovery”
San Diego’s Carbon Capture Pulls Out as Synthetic Genomics Moves In
Synthetic Genomics, the San Diego startup developing microorganisms to synthesize biofuels and other products, said it has acquired an 81-acre site in Calipatria, CA, to expand beyond its laboratory tests of algae. Synthetic Genomics’s expansion appears to be counter-balanced, though, by a business consolidation at Carbon Capture, another San Diego algal biofuels developer. The price … Continue reading “San Diego’s Carbon Capture Pulls Out as Synthetic Genomics Moves In”
Vertex Shares Drop on Mistake in Cystic Fibrosis Drug Data
Vertex Pharmaceuticals saw its stock rocket on news earlier this month that its two-drug combo treatment for cystic fibrosis showed a strong benefit in a clinical trial, but the stock is coming back down now that Vertex has come forward to report on a mistake in its own data. Shares of the Cambridge, MA-based biotech … Continue reading “Vertex Shares Drop on Mistake in Cystic Fibrosis Drug Data”
Safety Analyses Lead Sangart to Move Ahead with ‘Oxygen Therapeutic’
Encouraging results in a second mid-stage trial of an oxygen-carrying compound has prompted San Diego’s Sangart to draw on an additional $50 million from Leucadia National (NYSE: [[ticker:LUK]]), a diversified New York holding company that is Sangart’s majority owner. Sangart, which has been developing the compound to counter traumatic blood loss, says the additional funding … Continue reading “Safety Analyses Lead Sangart to Move Ahead with ‘Oxygen Therapeutic’”
Cryoport Lands $5,212,655 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=51be4706-0631-4c2b-9d4e-6f01b13384b9&Preview=1 Date 5/29/2012 Company Name Cryoport Mailing Address 402 W. Broadway San Diego, CA 92101 Company Description CryoPort Inc. (OTCBB: CYRX) was founded in 1999 to advance the next generation of cost-efficient, frozen shipping, servicing the growing global biopharmaceutical and biotechnology industries. CryoPort’s innovative bio-shippers are essential to preserving the current and … Continue reading “Cryoport Lands $5,212,655 New Funding Round”
Xconomist of the Week: Evan Snyder—Stem Cell Reality Check
San Diego Xconomist Evan Snyder has been called a “stem cell revolutionary” and is regarded as a father in the field of stem cell research. When we talked in his office at San Diego’s Sanford-Burnham Medical Research Institute, he told me he isolated the first neural stem cell in the mid-1980s, as well as the … Continue reading “Xconomist of the Week: Evan Snyder—Stem Cell Reality Check”
Can Pocket (née Read It Later) Become the TiVo of the Web?
On the iPhone, the first page of the home screen—the one you see when you wake up the device—has room for only 20 apps, counting those in the dock. The iPad home screen holds 26. For me, that means the home screen is prime real estate, reserved only for the apps I use most often. … Continue reading “Can Pocket (née Read It Later) Become the TiVo of the Web?”
Astute Medical Secures $2,000,200 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d57b342-3ab9-4d8b-8551-091e5d73211e&Preview=1 Date 5/25/2012 Company Name Astute Medical Mailing Address 3550 General Atomics Court MS 02/641 San Diego, CA 92121 Company Description Astute Medical’s mission is to identify and validate protein biomarkers of severe acute disease.Our focus is community and hospital acquired acute conditions that require rapid diagnosis and risk assessment. Our emphasis … Continue reading “Astute Medical Secures $2,000,200 New Financing Round”
Sangart Receives $50,737,293 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3d627396-56ae-4522-a6e2-192de7d385f1&Preview=1 Date 5/25/2012 Company Name Sangart Mailing Address 6175 Lusk Blvd San Diego, CA 92121 Company Description Sangart, Inc. is a biopharmaceutical company focused on the research, development and commercialization of oxygen transport agents. Website http://www.sangart.com Transaction Type Venture Equity Transaction Amount $50,737,293 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not … Continue reading “Sangart Receives $50,737,293 New Round”
Crowdfunder Garners $400,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e9b82bd4-6b44-4830-af46-774ceac05ca7&Preview=1 Date 5/25/2012 Company Name Crowdfunder Mailing Address 1605 Pacific Avenue Venice, CA 90291 Company Description Based in Los Angeles, crowdfunder is a business crowdfunding platform that is at the forefront of changing U.S. laws to enable U.S. based startups and small businesses to raise funds through Equity or Revenue-Based Financing. In … Continue reading “Crowdfunder Garners $400,000 New Financing”
Grab Games Lands $11,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8e459911-3217-49c6-9b2c-caecac6364de&Preview=1 Date 5/25/2012 Company Name Grab Games Mailing Address 1100 Glendon Ave Los Angeles, CA 90024 Company Description Grab Games was established in December 2009 upon the acquisition of Grab.com and its assets from Demand Media by an all-star team of video game and web industry veterans. Website http://www.grab.com Transaction Type Venture … Continue reading “Grab Games Lands $11,000,000 New Round”
Nokia Joins X Prize in $2.25M Wireless Health “Sensing Challenge”
When the X Prize Foundation’s Peter Diamandis took the stage in San Diego this morning at the Wireless-Life Sciences Alliance (WLSA) annual convergence summit, he said it was the perfect audience for announcing the foundation’s newest competition—the “Nokia Sensing X Challenge.” The challenge, organized through a partnership with the Finnish wireless device manufacturer, is offering … Continue reading “Nokia Joins X Prize in $2.25M Wireless Health “Sensing Challenge””