Healthcare technologies company Premier hasn’t been shy about using acquisitions to build a portfolio that can offer more services to hospitals. Now the Charlotte, NC-based company is bolstering its capabilities to measure and improve hospital care with a $400 million deal to acquire CECity, marking the company’s sixth—and biggest—acquisition since going public in 2013. Under … Continue reading “Premier Boosts Health IT Capabilities with $400M CECity Acquisition”
Category: San Diego
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?”
WizRocket Secures $8,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c8a70708-299e-4fa3-8fef-33f59c0aec0d Date 8/4/2015 Company Name WizRocket Mailing Address 340 S Lemon Ave. Walnut, CA 91789 USA Company Description WizRocket is used by e-commerce, digital commerce, event ticketing, comparison-shopping, travel, crowd funding, classifieds and other diverse businesses. Website http://www.wizrocket.com Transaction Type Venture Equity Transaction Amount $8,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “WizRocket Secures $8,000,000 New Funding Round”
FEM Lands $3,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bf5ee5d2-48d6-411a-9c15-d8157ba1affc Date 8/4/2015 Company Name FEM Mailing Address 830 Traction Avenue Los Angeles, CA 90013 USA Company Description FEM inc. is a media technology company that delivers engaging, relevant video experiences for any website or app. We deliver high performing content recommendations to your diverse audience, which means more video views and … Continue reading “FEM Lands $3,000,000 New Financing Round”
Seriously Lands $18,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1204af41-8da5-4c24-844b-e83e20aacf57 Date 8/4/2015 Company Name Seriously Mailing Address 228 Main St. Venice, CA 90292 USA Company Description We are building a global mobile entertainment company, with free to play games at the heart of our business. We believe that in the future the biggest entertainment brands will be built on mobile platforms … Continue reading “Seriously Lands $18,000,000 Series A Funding”
USC Countersues UCSD as Fight Over Alzheimer’s Study Intensifies
[Updated 8/3/15 1:25 pm. See below.] The short path to a resolution in the dispute between UC San Diego and the University of Southern California over a nationwide Alzheimer’s research program has taken a sharp detour into the thorny underbrush. While both sides were awaiting a formal court order granting UC San Diego’s request for a … Continue reading “USC Countersues UCSD as Fight Over Alzheimer’s Study Intensifies”
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”
WEVR Secures $10,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd69d90a-ce03-4bb8-9e32-906fd4a758c5 Date 8/3/2015 Company Name WEVR Mailing Address 550 Rose Ave. Venice, CA 90291 USA Company Description WEVR is a virtual reality community and VR media player for aspiring and professional creatives. WEVR collaborates with leaders in the immersive, creative, and technology communities – providing high performance VR playback software for VR … Continue reading “WEVR Secures $10,000,000 New Financing Round”
Chewse Receives New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e263f65-5071-4282-a1c0-78d88cb6c8a6 Date 8/3/2015 Company Name Chewse Mailing Address 5419 Hollywood Blvd. Los Angeles, CA 90027 USA Company Description The company is has developed a marketplace for groups to order food together. Website http://www.chewse.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed by the … Continue reading “Chewse Receives New Financing”
FreedomPop Obtains $10,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c3836c10-fc12-45bd-b79c-126ae31326d0 Date 7/31/2015 Company Name FreedomPop Mailing Address 18757 Burbank Blvd. Tarzana, CA 91356 USA Company Description FreedomPop is the nations first wireless internet provider committed to delivering 100% free internet with 4G broadband wireless internet access. FreedomPop’s partnered with leading wholesale 4G Wimax and 4G LTE wireless internet networks to deliver … Continue reading “FreedomPop Obtains $10,000,000 New Funding”
Thrive Market Receives $30,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=21bf2fe3-a861-4667-bb0b-175489d58695 Date 7/31/2015 Company Name Thrive Market Mailing Address 12031 Jefferson Blvd. Culver City, CA 90230 USA Company Description Thrive Market is a membership e-commerce platform on a mission to make the world’s highest quality natural and organic products affordable for every American family. For $60 per year, Thrive Market members get … Continue reading “Thrive Market Receives $30,000,000 Series A Funding Round”
Suneva Medical Garners $15,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7a05fb05-7274-4473-821c-66ea49b8e31b Date 7/31/2015 Company Name Suneva Medical Mailing Address 5383 Hollister Avenue Santa Barbara, CA 93111 USA Company Description Suneva Medical partners with aesthetic providers to build practices by providing unique aesthetic products that deliver patient satisfaction and build customer loyalty. Website http://www.sunevamedical.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round … Continue reading “Suneva Medical Garners $15,000,000 New Financing”
Suneva Medical Receives $20,400,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0e0cc918-18ef-4381-b81b-b2ee930c3b11 Date 7/31/2015 Company Name Suneva Medical Mailing Address 5383 Hollister Avenue Santa Barbara, CA 93111 USA Company Description Suneva Medical partners with aesthetic providers to build practices by providing unique aesthetic products that deliver patient satisfaction and build customer loyalty. Website http://www.sunevamedical.com Transaction Type Debt Transaction Amount $20,400,000 Transaction Round Undisclosed … Continue reading “Suneva Medical Receives $20,400,000 New Round”
Zendy Health Secures $100,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9ad12bbb-3b34-436b-8d5d-cfc6a2e7a843 Date 7/31/2015 Company Name Zendy Health Mailing Address 1200 Santee Street Los Angeles, CA 90015 USA Company Description The growing cost of medical procedures, lack of pricing transparency, and bewildering amount of information have generated a need for a new way of finding standard health and dental care. ZendyHealth makes it … Continue reading “Zendy Health Secures $100,000 Seed Financing”
West Coast Biotech Roundup: Hutch, Gilead, Soon-Shiong IPO & More
After a week off, the roundup is back. Up in Seattle, comments that the president of the Fred Hutchinson Cancer Research Center made a month ago raised some fresh hackles. In San Francisco, Gilead Sciences raised the roof with its quarterly earnings, Foresite Capital raised $450 million, and the Gladstone Institutes raised a much smaller … Continue reading “West Coast Biotech Roundup: Hutch, Gilead, Soon-Shiong IPO & More”
Fuisz Media Obtains $10,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9647cac2-3932-4b8e-8786-36ee60537258 Date 7/30/2015 Company Name Fuisz Media Mailing Address 2137 Sunset Plaza Dr. Los Angeles, CA 90069 USA Company Description Fuisz Media makes video interactive anywhere at scale. With Fuisz, you can engage directly with the products, people, and scenes in a video to discover, share, or purchase. Website http://www.fuiszmedia.com Transaction Type … Continue reading “Fuisz Media Obtains $10,000,000 Series A Financing Round”
Aspyrian Therapeutics Receives $4,249,999 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e6ce433c-1898-4f10-bbbd-7f93fb720dc0 Date 7/30/2015 Company Name Aspyrian Therapeutics Mailing Address 11189 Sorrento Valley Rd. San Diego, CA 92121 USA Company Description Aspyrian Therapeutics is a new start-up located in San Diego (California, USA) that focuses on developing novel targeted therapies for cancer treatments. Website http://www.aspyriantherapeutics.com Transaction Type Venture Equity Transaction Amount $4,249,999 Transaction … Continue reading “Aspyrian Therapeutics Receives $4,249,999 New Round”
Lifespeed Lands $50,000 Seed Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a772478f-1b04-4bac-bb33-9df1f82bc715 Date 7/30/2015 Company Name Lifespeed Mailing Address 3333 Michelson Drive Irvine, CA 92612 USA Company Description Lifespeed allows you to personalize and share your health story with clarity through our innovative, private and secure platform. Website http://www.lifespeed.io Transaction Type Accelerator Transaction Amount $50,000 Transaction Round Seed Proceeds Purposes The company will … Continue reading “Lifespeed Lands $50,000 Seed Financing Round”
La Jolla Immunology Institute Agrees to Formal Ties with UCSD
In what may be a sign of the times, an independent, nonprofit biomedical research institute in San Diego that is focused on immune diseases and disorders has officially established ties with the UC San Diego Health System. The agreement signed by the La Jolla Institute for Allergy & Immunology and the UC San Diego Health … Continue reading “La Jolla Immunology Institute Agrees to Formal Ties with UCSD”
On-Ramp Wireless Lands $4,999,999 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a131e8d2-9468-4a68-9325-6df21ccedce1 Date 7/29/2015 Company Name On-Ramp Wireless Mailing Address 10920 Via Frontera San Diego, CA 92127 USA Company Description On-Ramp Wireless has developed the first wireless system purpose-built to efficiently connect billions of hard-to-reach devices in metro scale and other challenging environments. Website http://www.onrampwireless.com Transaction Type Venture Equity Transaction Amount $4,999,999 Transaction … Continue reading “On-Ramp Wireless Lands $4,999,999 New Funding Round”
Cylance Lands $42,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bed8b652-adf9-4cbe-ab65-d7c1376557a5 Date 7/29/2015 Company Name Cylance Mailing Address 18201 Von Karman Irvine, CA 92612 USA Company Description Cylance, Inc. is a global provider of cybersecurity products and services that is changing the way companies, governments and end users proactively solve the world’s most difficult security problems. Website http://www.cylance.com Transaction Type Venture Equity … Continue reading “Cylance Lands $42,000,000 Series C Funding Round”
Baebies Hauls In $13M For Newborn Screening Technology
Baebies, a diagnostics developer aiming to make neonatal screening easier and more widely accessible, has raised $13 million in equity financing as the company moves forward developing and testing its technology. The Durham, NC-based company said investors in the oversubscribed round included Rex Health Ventures; DUMAC, an investment group controlled by Duke University; Cunning Capital; … Continue reading “Baebies Hauls In $13M For Newborn Screening Technology”
ServiceNow Founder and Investor Offer Lessons in Startup Growth
After Fred Luddy founded ServiceNow in 2003, he was still a little shell-shocked from his experience as the CTO of San Diego’s Peregrine Systems. Luddy had spent 13 years developing Peregrine’s asset management product before the high-flying enterprise software giant collapsed in a corporate accounting scandal in 2002. When a new management team finally calculated … Continue reading “ServiceNow Founder and Investor Offer Lessons in Startup Growth”
Kareo Garners $55,400,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7827345f-b463-4930-85e0-31f3f5344844 Date 7/28/2015 Company Name Kareo Mailing Address 3353 Michelson Irvine, CA 92612 USA Company Description Kareo offers the first on-demand revenue cycle automation software for medical billing companies. Kareo connects medical billing professionals with healthcare providers on one system to share information and coordinate workflow across organizational boundaries. Kareo makes the … Continue reading “Kareo Garners $55,400,000 New Funding Round”
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?”
eFFECTOR Therapeutics Receives $14,666,666 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8f547390-bb7b-4542-9cac-335e31f9c2b6 Date 7/27/2015 Company Name eFFECTOR Therapeutics Mailing Address 11180 Roselle Street San Diego, CA 92121 USA Company Description eFFECTOR Therapeutics is pioneering a new class of small molecule drugs that act by selectively regulating translation, also known as protein synthesis. The company unites breakthrough insights into the mechanisms of translational control … Continue reading “eFFECTOR Therapeutics Receives $14,666,666 New Funding”
Matcherino Secures $118,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4ef0e68e-e437-4b72-8101-60973a43a660 Date 7/27/2015 Company Name Matcherino Mailing Address 6121 Avenida Cresta La Jolla, CA 92037 USA Company Description Matcherino helps you crowdfund the eSports matches you want to see. By putting power in the fans’ hands, YOU create and promote ANY custom match between indivudal or team Twitch.tv users. Website Undisclosed Transaction … Continue reading “Matcherino Secures $118,000 Seed Funding Round”
Events.com Obtains $17,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=725dca2a-42b1-43c2-9e8b-6af497f5b6e8 Date 7/24/2015 Company Name Events.com Mailing Address 10955 Vista Sorrento Pkwy San Diego, CA 92130 USA Company Description Events.com helps you easily manage, market, and monetize your events with an unmatched registration toolset, improving your event planning with a single solution. Website http://www.events.com Transaction Type Venture Equity Transaction Amount $17,000,000 Transaction … Continue reading “Events.com Obtains $17,000,000 New Round”
SGN Secures $130,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ad1a43ff-14d1-4b9a-8bc3-84a011d71c0b Date 7/24/2015 Company Name SGN Mailing Address 3525 Eastham Drive Culver City, CA 90232 USA Company Description As a top cross-platform developer and publisher of games on Facebook, iOS, and Android, SGN lays claim to hit titles such as Cookie Jam, Book of Life: Sugar Smash, Panda Pop, Panda Jam, and … Continue reading “SGN Secures $130,000,000 New Round”
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”
Are Humans the Key to Discovery in a World of Digital Abundance?
We are drowning in content. Blogs made everyone a journalist. Self-publishing made everyone an author. YouTube made everyone a filmmaker. iTunes made everyone a musician. Publishing houses, record labels, and newsrooms have lost their long-held position as gatekeepers of taste. This is largely a good thing, particularly for aspiring artists. I’m a novelist. FG Press … Continue reading “Are Humans the Key to Discovery in a World of Digital Abundance?”
BlueCava Receives $1,500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a84bf539-0ef1-4bcf-9684-6de29d44bd1d Date 7/23/2015 Company Name BlueCava Mailing Address 131 Innovation Drive Irvine, CA 92617 USA Company Description At BlueCava, our mission is to make it easy for brands, agencies, data and adtech marketers to understand and leverage their audiences across all of their screens in actionable ways that help them know, study, … Continue reading “BlueCava Receives $1,500,000 New Funding Round”
Provivi Obtains Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8190f51d-d4e8-4fd5-bacd-fd3ac840e3b3 Date 7/23/2015 Company Name Provivi Mailing Address 1701 Colorado Ave. Santa Monica, CA 90404 USA Company Description We are developing biopesticides for agriculture, commercial, household, and public health pest management. Provivi, Inc. has a world-class team of founders, scientists and advisors with significant experience in biotechnology (including biocatalysis). Website http://www.provivi.com Transaction … Continue reading “Provivi Obtains Series A Financing Round”
In Biotech, Everyone’s Going Public. What’s Your Excuse?
Biotechs everywhere are going public these days. You might have heard. Approaching the traditional market lull in August, we’re up to nearly 40 life science IPOs in 2015, by my own count, with plenty more lined up. That’s more than half way to last year’s mark and already past the 2013 total. I weighed in … Continue reading “In Biotech, Everyone’s Going Public. What’s Your Excuse?”
Dauntless Pharmaceuticals Garners $12,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1a4f7d85-e9b0-4f26-9ba6-4d9e96b62864 Date 7/22/2015 Company Name Dauntless Pharmaceuticals Mailing Address 12520 High Bluff Drive San Diego, CA 92130 USA Company Description We provide a creative way to advance programs that may not be funded within existing pharmaceutical research budgets. We license the asset from pharmaceutical and biotechnology companies, finance the development of the … Continue reading “Dauntless Pharmaceuticals Garners $12,000,000 Series A Financing”
Rock the House—from Silicon Valley to China
It’s that time of the quarter, when venture capital fundraising data are released by the National Venture Capital Association (NVCA), possibly leaving all the sophisticated investors across the industry wringing their collective hands about frothiness. The latest data shows that VCs in 2Q15 raised over $10.4 billion (slightly revised upward from the amount first announced … Continue reading “Rock the House—from Silicon Valley to China”
Tragara Pharmaceuticals Lands $1,201,200 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c4c82462-fd87-4cd2-99ba-1cd1d9115e31 Date 7/20/2015 Company Name Tragara Pharmaceuticals Mailing Address 3152 Lionshead Avenue Carlsbad, CA 92010 USA Company Description Tragara Pharmaceuticals, Inc. is a pharmaceutical company based in San Diego, California focused on the clinical and commercial development of proprietary drugs for the treatment of cancer and inflammation-related diseases. Website http://www.tragarapharma.com Transaction Type … Continue reading “Tragara Pharmaceuticals Lands $1,201,200 New Financing Round”
Sharing Economy Companies Sharing the Heat In Contractor Controversy
[Corrected 7/31/15, 2:34 pm. See below.] For some time, Uber and other Silicon Valley tech companies have been fighting off lawsuits and other claims that their labor practices are unfair to on-demand workers they classify as independent contractors rather than as employees. The heat mounted this week on a number of fronts. The issue took … Continue reading “Sharing Economy Companies Sharing the Heat In Contractor Controversy”
MoneyTree Shows Drop in San Diego VC Funding, and Top 15 Deals
At a time when venture capital investments hit $17.5 billion nationwide—the highest quarterly level in 15 years—VCs invested only about $141.5 million in the San Diego region, according to MoneyTree data released today. Second-quarter venture funding in San Diego was down about 48 percent from the previous quarter, when the MoneyTree Report found that venture … Continue reading “MoneyTree Shows Drop in San Diego VC Funding, and Top 15 Deals”
Flipagram Obtains $70,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=66f1d284-b738-485b-8849-26ecb8a0b87d Date 7/17/2015 Company Name Flipagram Mailing Address 10351 Santa Monica Blvd. Los Angeles, CA 90069 USA Company Description Launched as a free app in November 2013, Flipagram’s mission is to give everyone the power to create and share compelling, visual stories that inspire, entertain and inform. Website http://www.flipagram.com Transaction Type Venture … Continue reading “Flipagram Obtains $70,000,000 New Round”
VertiFlex Receives $4,798,160 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1a09c8da-9b93-4f8c-8182-8d8f7ec53185 Date 7/17/2015 Company Name VertiFlex Mailing Address 1351 Calle Avanzado San Clemente, CA 92673 USA Company Description VertiFlex is a privately held medical device company dedicated to the advancement of minimally invasive solutions for the treatment of lumbar spinal stenosis(LSS), which is the leading cause of spinal surgery in the elderly. … Continue reading “VertiFlex Receives $4,798,160 New Financing Round”
Readz Receives $7,150,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8837ba32-df44-4fe8-9d12-b19ad9bfba47 Date 7/17/2015 Company Name Readz Mailing Address 3612 W Pico Blvd. Los Angeles, CA 90019 USA Company Description Brands are producing more content than ever. But Readz customers stand out. We make sure your readers are enjoying a first-class technology experience, letting your messages drive results. Website http://www.readz.com Transaction Type Venture … Continue reading “Readz Receives $7,150,000 Seed Funding”
West Coast Biotech Roundup: Receptos, ProNAi, Protagonist & More
Once again, the big West Coast news of the week came from an East Coast company, Celgene, making it rain. (That’s a figure of speech, unfortunately. Out here, rain would be about as welcome as a cure for cancer these days.) Tuesday, Celgene (NASDAQ: [[ticker:CELG]]) said it would pay $7 billion-plus to scoop up San … Continue reading “West Coast Biotech Roundup: Receptos, ProNAi, Protagonist & More”
Orphan Drug Maker Chiasma Raises $101.8M in IPO
Orphan disease drug developer Chiasma raised $101.8 million in its initial public offering, $20 million more than the upper end of the Newton, MA-based biopharma company’s previous projection. Chiasma (NASDAQ: [[ticker:CHMA]]) is using most of the money to build out its U.S. sales and marketing operations as it readies itself for the potential launch of … Continue reading “Orphan Drug Maker Chiasma Raises $101.8M in IPO”
Protagonist Nabs $40M, Eyes 1st Trial Of Oral Peptide In Gut Disease
Protagonist Therapeutics thinks it has solved a biological riddle, and several investors are shelling out $40 million to help test the company’s solution in humans for the first time before the end of 2015. If that first trial goes well, Protagonist’s investors might start dreaming of a big payoff. The drug being tested is in … Continue reading “Protagonist Nabs $40M, Eyes 1st Trial Of Oral Peptide In Gut Disease”
Judge Rejects Court Order Requested in Fight Over Alzheimer’s Study
A San Diego judge denied the University of Southern California’s request for a temporary restraining order against UC San Diego yesterday afternoon, as the two universities continued their fight for control of a nationwide study on Alzheimer’s disease. USC submitted its request for the order Tuesday, alleging that officials at UC San Diego had somehow … Continue reading “Judge Rejects Court Order Requested in Fight Over Alzheimer’s Study”
Venture Investing Hits Record $19B in Second Quarter
[Updated 7/17/15, 7:40 a.m. See below.] There’s plenty of talk about a potential bubble in the market, whether in tech, biotech, or elsewhere. True or not, one fact that’s real is that there is plenty of money flowing into startups. The second quarter of 2015 produced the highest level of venture funding since at least 2010, and possibly … Continue reading “Venture Investing Hits Record $19B in Second Quarter”
Omaze Obtains $9,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd9494b5-5e70-4a48-99dd-2ee41557d475 Date 7/16/2015 Company Name Omaze Mailing Address 1217 Wilshire Blvd. Santa Monica, CA 90408 USA Company Description Omaze is a place where we can all help each other achieve our dreams. We pledge to do our part by offering access to transformative experiences, remarkable causes and compelling content. Website http://www.omaze.com Transaction … Continue reading “Omaze Obtains $9,000,000 Series A Funding Round”