Exit Interview: Lita Nelsen on MIT Tech Transfer, Startups & Culture

[Editor’s note: This is part of a series of stories examining entrepreneurship on MIT’s campus and beyond.] MIT’s approach to nurturing entrepreneurship has changed a lot over the past 50 years. Lita Nelsen has seen it up close—and played a part in its evolution—from her studies there in the 1960s, to her business-school fellowship in … Continue reading “Exit Interview: Lita Nelsen on MIT Tech Transfer, Startups & Culture”

Chef’d Lands $12,278,534 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=46fe1db2-c77b-4526-8c9c-d8e32c2fd9b9 Date 5/31/2016 Company Name Chef’d Mailing Address 2301 Rosecrans Blvd. El Segundo, CA 90245 USA Company Description Get Chef’d! Famous recipes and premium ingredients. Delivered to your kitchen and home-cooked by you. Website http://www.chefd.com Transaction Type Venture Equity Transaction Amount $12,278,534 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “Chef’d Lands $12,278,534 New Funding”

With Recruits Coming, Precision Med Effort Pledges $142M For Biobank

The Obama administration’s ambitious long-term health study, dubbed the Precision Medicine Initiative, has tapped the Mayo Clinic to build a repository for biological samples collected from the study’s participants. Through the National Institutes of Health, the administration has awarded $142 million over five years to the Rochester, MN-based Mayo Clinic for the so-called “biobank,” which … Continue reading “With Recruits Coming, Precision Med Effort Pledges $142M For Biobank”

San Diego Uses Hackathon to Generate Ideas for Climate Action Plan

“Can government really help drive innovation?” That might not be the sort of question you’d want to ask the crowd at a Donald Trump rally. But it was received with more optimism than sneers when a City of San Diego official posed the question Wednesday evening at the outset of an awards dinner for the … Continue reading “San Diego Uses Hackathon to Generate Ideas for Climate Action Plan”

117M LinkedIn Passwords for Sale: What You Should Do Now

Last week, a hack many of us had forgotten about shot right back into the headlines. First, the background: in 2012, LinkedIn acknowledged it had suffered a data breach that exposed the passwords of 6.5 million of its customers. What we discovered last week, however, was that the breach was actually much bigger than anyone … Continue reading “117M LinkedIn Passwords for Sale: What You Should Do Now”

Biotech Roundup: Duchenne Delay, Forum’s Fate, Califf, Ionis & More

Memorial Day weekend may be fast approaching, but don’t fire up those grills yet: there’s plenty of headlines to dig into first in our biotech trip around the Xconomy network. In New York, the nation’s most prestigious science competition changed sponsors for just the second time in its 74-year history. In Boston, one company’s controversial … Continue reading “Biotech Roundup: Duchenne Delay, Forum’s Fate, Califf, Ionis & More”

NarrativeWave Receives $2,002,005 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4f9bd6b2-dfd6-4c5e-ac46-244a2527628e Date 5/27/2016 Company Name NarrativeWave Mailing Address 31910 Del Obispo San Juan Capistrano, CA 92675 USA Company Description NarrativeWave is the Situational Intelligence System for the Industrial Internet. Understand, interpret, and get real-time Situational status, and Intelligence everywhere, (on-site, off-site) in easy-to-understand Narration of your Industrial Assets. Website http://www.narrativewave.com Transaction Type … Continue reading “NarrativeWave Receives $2,002,005 New Financing”

FDA Commish Califf to Big Data Crowd: Flood Of New Treatments Coming

New FDA commissioner Robert Califf said Wednesday that the recent spike in drug approvals is no temporary phenomenon, thanks to a better understanding of biology and continued adoption of sophisticated technology throughout healthcare. “I predict we’ll see of a flood of effective treatments”—not just drugs but combinations of drugs and data-enabled devices—“and we’ll have to … Continue reading “FDA Commish Califf to Big Data Crowd: Flood Of New Treatments Coming”

New Proposed Laws, Collaborations Pave Way for Driverless Future

This has been a banner week for Michigan-centric news pertaining to the development of driverless vehicles. On Wednesday, Google announced in a Google+ post that, after placing a team of employees in the metro Detroit area for “the past few years,” it would open a facility in suburban Novi, MI, to develop self-driving car technology. … Continue reading “New Proposed Laws, Collaborations Pave Way for Driverless Future”

Newlight Technologies Garners $29,237,408 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b9bda8b2-4969-4780-b6b9-875825bb092e Date 5/26/2016 Company Name Newlight Technologies Mailing Address 2941 Randolph Avenue Costa Mesa, CA 92626 USA Company Description At Newlight, we believe that the most sustainable way to reduce the amount of carbon in the air is to use that carbon as a clean, cost-effective resource for the production of commercially … Continue reading “Newlight Technologies Garners $29,237,408 New Financing Round”

Snapchat Obtains $1,808,560,006 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f3fe38db-b1f4-4a1c-9074-ac0152c8ddc2 Date 5/26/2016 Company Name Snapchat Mailing Address 63 Market Street Venice, CA 90291 USA Company Description Snapchat is a new way to share photos with friends and family. We’re making social media fun again. And we’re totally mobile. Website http://www.snapchat.com Transaction Type Venture Equity Transaction Amount $1,808,560,006 Transaction Round Undisclosed Proceeds … Continue reading “Snapchat Obtains $1,808,560,006 New Financing”

Advancing “Emotion A.I.” for Ads and Gaming: Affectiva Adds $14M

Computers can beat humans at games like chess and Go. They are obviously faster than us at calculations and numerical analysis. But they can’t read people’s emotions as well as we can, or do much of anything useful with that information. Not yet, anyway. But researchers and companies have been trying to close that gap. … Continue reading “Advancing “Emotion A.I.” for Ads and Gaming: Affectiva Adds $14M”

Seismic Raises $40M to Expand Web-based Software for Big Customers

Seismic is making some waves today. The suburban San Diego software company, which specializes in “sales enablement” and content management software for big companies and organizations, says it has raised $40 million in a Series C funding round led by General Atlantic. JMI Equity, an existing investor, also participated in the round. Gary Reiner, a … Continue reading “Seismic Raises $40M to Expand Web-based Software for Big Customers”

Sophiris Streamlines Operations, Weighs Options on Prostate Drug

[Updated 5/25/16 2:35 pm with analyst comments. See below.] After advancing its experimental prostate drug to late-stage clinical trials, San Diego-based Sophiris Bio (NASDAQ: [[ticker:SPHS]]) has been assessing its strategic options before choosing the best way to continue the clinical trials and seek FDA approval. In the past few weeks, Sophiris has raised additional capital … Continue reading “Sophiris Streamlines Operations, Weighs Options on Prostate Drug”

Seismic Receives $40,000,000 Series C Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=af59ab07-1475-4c8f-9277-3c0746a0eba8 Date 5/25/2016 Company Name Seismic Mailing Address 505 Lomas Santa Fe Drive Solana Beach, CA 92075 USA Company Description Seismic is the creator of the LiveDoc platform for brand-approved, real-time enterprise content management. Seismic’s cloud-based platform enables business professionals to quickly create customized materials with the most up-to-date content and real-time … Continue reading “Seismic Receives $40,000,000 Series C Funding”

OspreyData Secures $6,215,807 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ac2faee-2344-42c0-b3e7-62b9fec9dce6 Date 5/25/2016 Company Name OspreyData Mailing Address 31910 Del Obispo San Juan Capistrano, CA 92675 USA Company Description OspreyData provides unique Calculated Sensors which combine attributes and digital signal processing signals to model and predict failure modes. Calculated Sensors greatly increase the amount of information that can be gleamed from an … Continue reading “OspreyData Secures $6,215,807 New Financing”

ScoreBig Receives $6,500,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bccd8bdc-3bb2-41a1-9b27-6ef428b3910c Date 5/25/2016 Company Name ScoreBig Mailing Address 1800 N. Highland Ave. 1st Floor Hollywood, CA 90028 USA Company Description ScoreBig.com helps consumers to save on great tickets for live sports, concert and theater events – at guaranteed savings of up to 60 percent. Every ticket on ScoreBig.com is below box office … Continue reading “ScoreBig Receives $6,500,000 New Financing”

Software Robots Are Transforming Old Guard Industries

Everyone’s talking about robots and automation. Do you imagine having a “Rosie” cleaning your home, or the next industrial revolution of automation putting millions out of work? Neither is quite reality, but there is a highly valuable virtual workforce of “software robots” working in today’s offices. They aren’t rolling around like BB-8 delivering the mail, … Continue reading “Software Robots Are Transforming Old Guard Industries”

The Biotech Roundup: Immunotherapy Ups And Downs, Gene Deals & More

A quick housekeeping note: Starting this week, we are combining our East Coast and West Coast biotech roundups into a single weekly post that will also include highlights from our other cities and regions, including Texas, Michigan, Wisconsin, and Xconomy’s latest bureau, Indiana. As with our bygone coastal roundups, this new national roundup is not … Continue reading “The Biotech Roundup: Immunotherapy Ups And Downs, Gene Deals & More”

Tamir Biotechnology Receives $1,524,978 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2c8c4397-6c90-4096-96e8-779242d8260e Date 5/20/2016 Company Name Tamir Biotechnology Mailing Address 12625 High Bluff Dr. San Diego, CA 92130 USA Company Description TamirBio is a clinical stage antiviral therapeutics company engaged in the discovery and development of a new class of prophylactic and therapeutic drugs for the treatment of viruses and other pathological conditions. … Continue reading “Tamir Biotechnology Receives $1,524,978 New Financing”

Agenda for Robo Madness West: PARC, iRobot, Fetch & More

We’re a little over a month away from our fifth annual Bay Area robotics conference. This year’s Robo Madness West has a new spin: it’s happening as part of the 2016 Sensors Expo & Conference at the McEnery Convention Center in San Jose, CA, on the afternoon of June 22. Here’s the agenda for the … Continue reading “Agenda for Robo Madness West: PARC, iRobot, Fetch & More”

Spaces Lands $3,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4260396b-3873-4205-aa86-17e4e199e91e Date 5/19/2016 Company Name Spaces Mailing Address Undisclosed Los Angeles, CA 90049 USA Company Description SPACES Inc., is an independent virtual-and mixed-reality company based in Los Angeles, CA. Founding team formed by members of DreamWorks Animation’s DreamLab. Website http://www.spaces.com Transaction Type Venture Equity Transaction Amount $3,000,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Spaces Lands $3,000,000 New Financing”

As Teradata Moves into Cloud, R&D Lab Steps into Light in San Diego

When Oliver Ratzesberger joined Teradata (NYSE: [[ticker:TDC]]) in 2013, the global computing giant just outside of Dayton, OH, was known for its high-end technology in data warehousing and big data analytics. At that time, Teradata sold its high-performance systems, which consolidate data from different sources, for millions of dollars to many of the biggest companies … Continue reading “As Teradata Moves into Cloud, R&D Lab Steps into Light in San Diego”

Lucid Sight Secures $3,500,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5ef5e214-e968-475f-8402-fbcf103672ae Date 5/18/2016 Company Name Lucid Sight Mailing Address Undisclosed Los Angeles, CA 90040 USA Company Description Lucid Sight, Inc. designs and develops innovative Virtual Reality games, apps and experiences. Founded in 2015 by experienced software entrepreneurs and developers, Lucid Sight is 100% VR-focused. Website http://www.lucidsight.com Transaction Type Venture Equity Transaction Amount … Continue reading “Lucid Sight Secures $3,500,000 Series A Round”

PatientPop Lands $10,500,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cf4b212a-c687-4fbb-bbbe-fc33abb9eeba Date 5/18/2016 Company Name PatientPop Mailing Address 1221 2nd Street Santa Monica, CA 90401 USA Company Description Founded in 2014, PatientPop was conceived with one simple goal in mind: Help practices grow automatically. We understand the challenges doctors face simply focusing on patient care and running their practice. Many practices don’t … Continue reading “PatientPop Lands $10,500,000 Series A Funding”

Studies Tout Massachusetts Tech Scene, But Talent Issues Loom

Several days after one study ranked Boston as the U.S. city best positioned to capitalize on the transition to a digital economy, a new report bolsters Massachusetts’s tech credentials—but with some important caveats that could hinder the Bay State’s growth. Last week, a report titled “Innovation That Matters” drew national attention with its somewhat surprising … Continue reading “Studies Tout Massachusetts Tech Scene, But Talent Issues Loom”

Learn These Tech Skills & Get a Raise, PayScale Report Says

Want to make a few extra (thousand) bucks? For software developers, it’s possible if you add a few trending programming languages to your resume, according to Seattle-based PayScale, a crowdsourcing and data analytics company that seeks out and provides salary information. Developers and programmers who learn the Go or Scala computer programming languages will make … Continue reading “Learn These Tech Skills & Get a Raise, PayScale Report Says”

Biogen Turns To UPenn Gene Therapy Pioneers in Wide-Ranging Alliance

Even though it recently decided to unload a gene therapy for hemophilia into a yet-to-be-named spin-out company, Biogen, one of biotech’s most risk-taking firms, is doubling down on gene therapy for other diseases. The Cambridge, MA-based company said today it is forming an alliance that could be worth $2 billion with two of the field’s … Continue reading “Biogen Turns To UPenn Gene Therapy Pioneers in Wide-Ranging Alliance”

Internal Threats: 10 Ways to Protect Your Business

The topic of cybercriminals can invoke the image of a scruffy-looking hacker glaring at a computer screen from a mysterious location. But the most serious threats to your business’s information security could be much closer than you think. A growing number of small and midsize businesses consider internal security breaches—accidental and malicious—from employees a bigger … Continue reading “Internal Threats: 10 Ways to Protect Your Business”

BioIQ Lands $8,800,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=daf11d9a-2b00-4a91-baae-f82d358604fd Date 5/16/2016 Company Name BioIQ Mailing Address 1222 State Street Santa Barbara, CA 93101 USA Company Description BioIQ is a health screening technology company that has developed a versatile technology platform to optimize health and save lives. Website http://www.bioiq.com Transaction Type Venture Equity Transaction Amount $8,800,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “BioIQ Lands $8,800,000 New Funding Round”

White House Wants to Spend $121M on National Microbiome Initiative

The Obama administration announced this morning a public-private initiative to study the collections of microorganisms that live on or in humans and practically everywhere else on Earth. More than 100 other institutions are joining the administration with funding and resources in what’s being billed as the National Microbiome Initiative. The microbiome has become a subject … Continue reading “White House Wants to Spend $121M on National Microbiome Initiative”

See the Future of Robotics and A.I. at Robo Madness West, 6/22

Calling all robot lovers: The time is now to book June 22 on your calendar. That’s the day of Robo Madness West, a celebration of (and critical look at) the exploding fields of robotics and artificial intelligence among startups and big companies alike. Our fifth annual Bay Area robotics event is being held in partnership … Continue reading “See the Future of Robotics and A.I. at Robo Madness West, 6/22”

Viriom Secures $4,700,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4f7cbf0e-70ca-4868-a746-6346f6b871b4 Date 5/13/2016 Company Name Viriom Mailing Address 6605 Nancy Ridge Drive San Diego, CA 92121 USA Company Description Viriom Inc. is a late-stage biotech company developing novel and affordable therapies against life threatening infections such as HIV (human immunodeficiency virus). The company has an exclusive worldwide license to its Phase 2/3 … Continue reading “Viriom Secures $4,700,000 New Financing Round”

Digital Health Startups Racing to 5G Wireless Rendezvous

It’s hard to define fifth-generation mobile technology, when 5G is not officially expected to launch until 2020. Few people nowadays can describe what the next-generation wireless networks are going to look like. In the meantime, the digital health sector is racing to connect with a wireless infrastructure that has yet to be revealed. According to … Continue reading “Digital Health Startups Racing to 5G Wireless Rendezvous”

AcuFocus Garners $1,749,595 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a99f1466-51d6-435f-9351-d5d96616f2ee Date 5/12/2016 Company Name AcuFocus Mailing Address 32 Discovery Irvine, CA 92618 USA Company Description AcuFocus is the market leader in small aperture technology, providing physicians and patients unique, reliable and long-term solutions for presbyopia and cataracts. Website http://www.acufocus.com Transaction Type Debt Transaction Amount $1,749,595 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “AcuFocus Garners $1,749,595 New Funding Round”

Earny Secures $1,200,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=83704685-9af0-4984-899e-f904558621cf Date 5/12/2016 Company Name Earny Mailing Address Undisclosed Los Angeles, CA 90040 USA Company Description Earny is your personal assistant that automatically gets you money back on almost every purchase you make. He is taking advantage of the price protection benefit that is offered by the major credit card issuers and … Continue reading “Earny Secures $1,200,000 Seed Financing”

Danny Hillis on Boston vs. CA, Last Days With Minsky, and His New Co

Danny Hillis co-founded the famous parallel computing company Thinking Machines in 1983, while doing his doctoral work at MIT under artificial intelligence pioneer Marvin Minsky. The company boasted one of the great corporate slogans of all time: “We’re building a machine that will be proud of us.” Thinking Machines might not have worked out (its … Continue reading “Danny Hillis on Boston vs. CA, Last Days With Minsky, and His New Co”

Zarget Receives $1,500,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a67cce08-f80d-496c-ac9d-5a40761fb24a Date 5/11/2016 Company Name Zarget Mailing Address 340 S Lemon Ave. Walnut, CA 91789 USA Company Description The company provides a suite of website testing and analysis tools. Website http://www.zarget.com Transaction Type Venture Equity Transaction Amount $1,500,000 Transaction Round Seed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor … Continue reading “Zarget Receives $1,500,000 Seed Round”

Aemetis Acquires EdenIQ for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fba99b3a-4984-4b09-abd6-8f47518ad786 Date 5/11/2016 Company Name EdenIQ Mailing Address 2505 North Shirk Road Visalia, CA 93291 USA Company Description Edeniq is a biomaterials and sustainable fuels innovator processing low-cost cellulosic sugars and ethanol. Website http://www.edeniq.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Aemetis will acquire all of Edeniq’s … Continue reading “Aemetis Acquires EdenIQ for Undisclosed Sum”

MGH Goes Epic: What I Learned in the Trenches

On April 2 at Massachusetts General Hospital (MGH), the green charts went away. Every morning around 6:30 am since starting residency, my co-interns and I had frantically scrambled around the halls searching for these plastic binders, which contained the sole record of our patients’ vital signs. It was a ritual that blended equal parts anxiety, … Continue reading “MGH Goes Epic: What I Learned in the Trenches”

Across The Board: Ideas To Narrow Biotech’s Gender Gap

The evidence is piling up. Companies with more women in charge are better businesses. So why are so many biotechs still led mainly by men? Saira Ramasastry, a former Merrill Lynch analyst, is now a Bay Area consultant on the boards of three biotechs, including Sangamo Biosciences (NASDAQ: [[ticker:SGMO]]). Having benefited from female mentors such … Continue reading “Across The Board: Ideas To Narrow Biotech’s Gender Gap”

As Costs Soar in Silicon Valley, San Diego Looks for Startup Gains

Venture capital continues to gush into Silicon Valley, but is the Bay Area’s decades-long startup boom sustainable? Talk in the valley has turned increasingly gloomy amid signs that its phenomenal tech boom—like Moore’s law itself—is bumping against its upper limits. One perspective in this conversation comes from Redpoint Ventures partner Tomasz Tunguz. In a post … Continue reading “As Costs Soar in Silicon Valley, San Diego Looks for Startup Gains”

Tradesy Garners $30,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=647dd3b7-656f-4989-b49b-f82a3b460576 Date 5/10/2016 Company Name Tradesy Mailing Address 1217 2nd Street 3rd Floor Santa Monica, CA 90401 USA Company Description Tradesy is a new fashion recommerce site from the creator of the highly popular site, Recycled Bride. Website http://www.tradesy.com Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round Undisclosed Proceeds Purposes Tradesy … Continue reading “Tradesy Garners $30,000,000 New Financing”

How a Mobile Device Can Reduce Distracted Driving

Distracted driving is a major problem. In 2014, more than 30,000 people were killed and more than 430,000 injured in car crashes involving distracted drivers. Ironically, it may just be that the root of the problem – a smartphone – could actually be the solution. People know they shouldn’t, but they do. In a survey … Continue reading “How a Mobile Device Can Reduce Distracted Driving”

West Coast Biotech Roundup: Acadia, Medivation, Verily, and More

Just a few weeks ago, the Silicon Valley tech entrepreneur and philanthropist Sean Parker committed $250 million of his Napster and Facebook fortune to a massive effort to accelerate ways to boost the body’s own immune system against cancer. Now he’s turning his attention to a different kind of biotech initiative, which you might describe … Continue reading “West Coast Biotech Roundup: Acadia, Medivation, Verily, and More”

NxGn Data Secures $6,256,845 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a032d9f4-feaf-472b-9d26-2dd9e3d29382 Date 5/6/2016 Company Name NxGn Data Mailing Address 7545 Irvine Center Drive Irvine, CA 92618 USA Company Description Founded in mid 2013, NxGn Data is a privately held company focused on the design and manufacture of a new generation of Intelligent SSD Solutions. Website http://www.nxgndata.com Transaction Type Venture Equity Transaction Amount … Continue reading “NxGn Data Secures $6,256,845 New Round”

MindShare Medical Secures $2,002,716 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80e328a1-3ab7-40bd-b8d2-c8d71d6036eb Date 5/6/2016 Company Name MindShare Medical Mailing Address 31910 Del Obispo San Juan Capistrano, CA 92675 USA Company Description Unprecedented insights leading to improved decision and diagnostic support, more personalized treatment plans and ultimately, significant improvements in patient outcomes while lowering healthcare costs. Website http://www.mindsharemed.com Transaction Type Venture Equity Transaction Amount … Continue reading “MindShare Medical Secures $2,002,716 New Funding Round”

FIGS Secures $5,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=01b65135-df95-4a25-ac59-b191a4ef94fe Date 5/6/2016 Company Name FIGS Mailing Address 11390 W. Olympic Blvd. Los Angeles, CA 90064 USA Company Description 100% Awesome Medical Apparel! For every set of scrubs sold, FIGS gives a set to a healthcare provider in need. Website http://www.figsscrubs.com Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Series A … Continue reading “FIGS Secures $5,000,000 Series A Funding Round”

More than a Matter of Appearances: Pharma’s Existential PR Problem

When President Obama forced Pfizer to scrap its proposed $160 billion merger with Allergan, the industry as well as the company emerged as losers in the eyes of the public, despite Pfizer’s credible and constructive position.  As Pfizer CEO Ian Read explained in a recent op-ed piece in The Wall Street Journal: Pfizer has long … Continue reading “More than a Matter of Appearances: Pharma’s Existential PR Problem”