AppFolio Garners $74,400,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f749065f-ffda-4219-b6ed-b040617efc81 Date 6/26/2015 Company Name AppFolio Mailing Address 50 Castilian Drive Goleta, CA 93117 USA Company Description AppFolio, Inc. (NASDAQ: APPF) is dedicated to premier customer service and innovative applications that are custom-designed for property management organizations, whether small or growing businesses. We blend the latest in Web-based software technology with carefully … Continue reading “AppFolio Garners $74,400,000 New Financing”

Library High: San Francisco Public Library Offers Online Diploma With Cengage

[Corrected 6/26/15, 9:32 am. See below.] Educational technology is often cast as a solution to the high cost of a college degree, which Americans see as the essential gateway to reasonable earnings. But in San Francisco, which has one of the most highly educated populations in the country, more than 30,000 people over 25 lack … Continue reading “Library High: San Francisco Public Library Offers Online Diploma With Cengage”

San Diego’s Ambrx Names New CEO, CSO

San Diego-based Ambrx, Inc., a clinical stage biotechnology company developing optimized protein therapeutics known as bio-conjugates, named Dr. Tiecheng (Alex) Qiao as CEO. He was previously a partner at Coentre, a private angel investment firm. Ambrx also named Dr. Feng Tian, formerly vice president of science and technology, China, chief science officer, a newly-created position.

San Diego Developer/Philanthropist Gives $100M to Sanford-Burnham

The San Diego-based Sanford-Burnham Medical Research Institute, which also operates in Orlando, FL, has been renamed the Sanford Burnham Prebys Medical Discovery Institute following a $100 million gift from the developer and philanthropist Conrad Prebys. Prebys, a real estate developer and owner of San Diego-based Progress Construction and Management, was identified as one of America’s … Continue reading “San Diego Developer/Philanthropist Gives $100M to Sanford-Burnham”

Connect Charts Signs of Expansion in San Diego’s Innovation Economy

A record 446 technology and life sciences startups were founded in San Diego in 2014, according to the latest innovation report released by Connect, the nonprofit group that supports regional innovation and entrepreneurship. The number was slightly higher than the 426 companies that Connect counted in 2013, and represents a new high in the number … Continue reading “Connect Charts Signs of Expansion in San Diego’s Innovation Economy”

Ritter Pharmaceuticals Receives $20,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bc0fec94-173d-4837-a575-4bf5d535c08a Date 6/25/2015 Company Name Ritter Pharmaceuticals Mailing Address 1801 Century Park East Los Angeles, CA 90067 USA Company Description Ritter (NASDAQ: RTTR) is committed to the discovery, development and commercialization of novel therapeutic treatments for gastrointestinal diseases and conditions. Website http://www.ritterpharmaceuticals.com Transaction Type IPO Transaction Amount $20,000,000 Transaction Round Undisclosed Proceeds … Continue reading “Ritter Pharmaceuticals Receives $20,000,000 New Funding Round”

GoFundMe Gets Undisclosed Funding Led by Accel Partners, TCV

GoFundMe, a San Diego-based crowdfunding startup, has sold a majority stake to an investor group led by Accel Partners and Technology Crossover Ventures, according to a report this morning on The Wall Street Journal’s website for tech news. GoFundMe, which operates a website that enables individuals and charities to raise funds for tragedies and good … Continue reading “GoFundMe Gets Undisclosed Funding Led by Accel Partners, TCV”

Duke Long-Term Health Study Aims To Join Obama’s Precision Med Plan

The small North Carolina mill town of Kannapolis left its mark on the U.S. economy and history by becoming the nation’s largest center for textiles manufacturing. In its next chapter, Kannapolis could become part of medical history. Duke University wants the medical research already underway at Kannapolis to become part of the federal Precision Medicine … Continue reading “Duke Long-Term Health Study Aims To Join Obama’s Precision Med Plan”

Introducing Exome, Xconomy’s New Home For Biotech and Health Coverage

By now you’ve had a day or two to meet Exome, Xconomy’s new place for all things life sciences, health, and biotech, which launched Monday. Let me amend that. Some things are new, which I’ll get to in a moment, but some things remain the same: the reporting and analysis you expect from me, Ben … Continue reading “Introducing Exome, Xconomy’s New Home For Biotech and Health Coverage”

Cianna Medical Receives $4,000,001 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bccf584f-fa56-47e3-a361-c7685951242f Date 6/24/2015 Company Name Cianna Medical Mailing Address 6 Journey Aliso Viejo, CA 92656 USA Company Description Cianna Medical, Inc. is a women’s health company dedicated to the innovative treatment of early-stage breast cancer. When diagnosed early, most women have the option to save their breast by choosing breast conserving therapy … Continue reading “Cianna Medical Receives $4,000,001 New Financing Round”

U.S. IPO Activity Loses Steam to PE Deals in First Half of 2015

In the strange times category of today’s innovation news, a preview of IPO activity through the first half of 2015 suggests that market bubbles don’t always rise. In fact, the total number of IPO deals and proceeds actually sank through the first half of 2015, with 101 IPOs raising total proceeds of $19.7 billion, according … Continue reading “U.S. IPO Activity Loses Steam to PE Deals in First Half of 2015”

Houston Dares to Challenge the Bicoastal Model of Biotech Growth

World-class universities, prominent medical institutions, a talented workforce, access to capital and favorable geography are critical factors required to stimulate and support a dynamic regional bioscience industry. Some might believe that these factors only converge along the coasts of New England and California, and many new and growing biotech companies may feel that they are … Continue reading “Houston Dares to Challenge the Bicoastal Model of Biotech Growth”

Welcome To The Sharing Economy. Cancer Researchers Are Next.

We’re sharing everything these days. Rides. Spare rooms. Pictures of things wrapped in bacon. Our thoughts, 24 hours a day. Next up: Cancer data? It can’t come soon enough for Charles Sawyers. Sawyers is one of the world’s most decorated cancer researchers, and his long resumé includes crucial work that helped make imatinib (Gleevec) one … Continue reading “Welcome To The Sharing Economy. Cancer Researchers Are Next.”

The Extraordinary Vision of Larry Bock

When Larry Bock gave the commencement speech for the University of California, Berkeley, College of Chemistry in 2007, he was introduced as “a very unusual man” who had founded, co-founded, or provided early stage financing for more than 48 startups, mostly in the life sciences. What went unsaid in the moment was that Bock started … Continue reading “The Extraordinary Vision of Larry Bock”

Heal Obtains $5,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=699f3c56-d953-4eda-a807-006ec0b313df Date 6/23/2015 Company Name Heal Mailing Address 528 Palisades Drive Pacific Palisades, CA 90272 USA Company Description The Heal app matches you with a great doctor nearby. No traffic. No waiting rooms. Get a doctor to your sofa in under an hour. No hidden charges. 100% satisfied or it’s free. Website … Continue reading “Heal Obtains $5,000,000 New Financing”

Ankasa Regenerative Therapeutics Garners $8,500,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d3c7640c-d7f7-429a-b5b3-3ba041bb9e0c Date 6/23/2015 Company Name Ankasa Regenerative Therapeutics Mailing Address Undisclosed La Jolla, CA 92037 USA Company Description Pharmaceutical preparations including reactivated stem cells for organ and tissue re-growth, tissue repair, and healing. Website Undisclosed Transaction Type Venture Equity Transaction Amount $8,500,000 Transaction Round Series A Proceeds Purposes Ankasa intends to initially … Continue reading “Ankasa Regenerative Therapeutics Garners $8,500,000 Series A Funding”

Batu Biologics Receives $1,000,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=802e348d-b1ff-4391-a6e4-d881611c6d05 Date 6/23/2015 Company Name Batu Biologics Mailing Address 9255 Towne Centre Drive San Diego, CA 92121 USA Company Description Batu Biologics is an immunotherapy company dedicated to developing therapeutics that address the multi-factorial and multi-dimensional nature of cancer. Website http://www.batubiologics.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Seed Proceeds … Continue reading “Batu Biologics Receives $1,000,000 Seed Round”

Transforming Health Care for Those Who Need it Most

Like other engaged consumers, my family of athletes tries out many of the new healthcare related wearables and apps. From counting steps to counting calories, there is a site or app out there for everything we do. But it’s not my immediate family that can benefit most from these tools. Today, devices are bought and … Continue reading “Transforming Health Care for Those Who Need it Most”

Flagship CEO on Backing NY Biotech, Moderna, and Investing in a Boom

It’s been a jam-packed few months for Flagship Ventures, one of the Boston area’s most well-known biotech startup creators. The Cambridge, MA-based VC firm just raised a $537 million fund of its own, and recently became a founding investor in the eye-popping $217 million Series A for Denali Therapeutics, a startup led by a group … Continue reading “Flagship CEO on Backing NY Biotech, Moderna, and Investing in a Boom”

Dollar Shave Club Lands $75,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=97e01796-7880-4afa-92e2-30f270f33242 Date 6/22/2015 Company Name Dollar Shave Club Mailing Address 513 Boccacio Avenue Venice, CA 90291 USA Company Description The company offers a monthly subscription service for grooming supplies. Website http://www.dollarshaveclub.com Transaction Type Venture Equity Transaction Amount $75,000,000 Transaction Round Undisclosed Proceeds Purposes Besides additional investments in marketing, Dollar Shave Club plans … Continue reading “Dollar Shave Club Lands $75,000,000 New Funding”

West Coast Biotech Roundup: Avalanche, CytomX, BioMarin, Dubs & More

We’re in a Golden State of mind this week, and we’ll splash down with several items from beyond the arc in Northern California, home of the new NBA champions. Gene therapy developer Avalanche Biotechnologies tried to take it to the rack with important Phase 2a data, but investors rejected the shot with emphasis. CytomX Therapeutics … Continue reading “West Coast Biotech Roundup: Avalanche, CytomX, BioMarin, Dubs & More”

Ivanhoe Lands $805,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d7c3eebb-b715-4c6c-8fe1-b500700ec67f Date 6/19/2015 Company Name Ivanhoe Mailing Address 21700 Oxnard Street Woodland Hills, CA 91367 USA Company Description Ivanhoe, incorporated in December in Delaware, is the vehicle musician Neil Young is using to bring his high fidelity music technology to market. Website Undisclosed Transaction Type Debt Transaction Amount $805,000 Transaction Round Undisclosed … Continue reading “Ivanhoe Lands $805,000 New Funding Round”

Visage Garners $2,150,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6523cf1e-fc96-4778-b114-dbea54e1264c Date 6/19/2015 Company Name Visage Mailing Address 5151 California Avenue Irvine, CA 92617 USA Company Description Visage empowers your team to easily create branded visual content optimized for the distribution channels that are most important to you. Website http://www.visage.co Transaction Type Venture Equity Transaction Amount $2,150,000 Transaction Round Seed Proceeds Purposes … Continue reading “Visage Garners $2,150,000 Seed Financing”

GoFundMe Receives New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b843ee07-cd28-4f1d-92b9-b02c7be4ced2 Date 6/19/2015 Company Name GoFundMe Mailing Address Undisclosed San Diego, CA 92110 USA Company Description In 2008 Brad Damphousse wanted to save up for a vacation. Frustrated that savings accounts were so difficult to open online, he decided that a web-based ‘social’ savings account – one that allowed others to make … Continue reading “GoFundMe Receives New Round”

Wallet, Watch, and What We Learned from Google I/O and Apple’s WWDC

The two leading platform owners in the smartphone industry, Apple and Google, are going in very different directions—particularly in their philosophies about privacy, and approaches to the “next billion” smartphone users—with major implications for app developers and consumers. Team Apptentive attended both companies’ annual developer conferences, held in late May and early June, in San … Continue reading “Wallet, Watch, and What We Learned from Google I/O and Apple’s WWDC”

Disrupting Credit Cards: A Q&A with LoanHero’s Kristin Slink

San Diego-based LoanHero recently disclosed that it has raised $1.7 million in seed funding to expand its software-based service for merchants. The technology offers consumers a variety of financing options when they are purchasing big-ticket items like furniture and home improvements. The year-old fintech company said it also has secured a $20 million debt facility … Continue reading “Disrupting Credit Cards: A Q&A with LoanHero’s Kristin Slink”

MindBody Secures $100,800,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f34d6507-9b2d-4e0f-924d-113be8300428 Date 6/18/2015 Company Name MindBody Mailing Address 4051 Broad Street San Luis Obispo, CA 93401 USA Company Description MINDBODY Inc.’s (NASDAQ: MB) roots go back to 1998, when we were the first software consultancy developing easy-to-use client and teacher management solutions for yoga, pilates, and spinning studios. Website http://www.mindbodyonline.com Transaction Type … Continue reading “MindBody Secures $100,800,000 New Financing Round”

Top Legal Mistakes Entrepreneurs Make When Launching Startups

High-impact entrepreneurship is not for the faint of heart. Most venture-backed businesses don’t achieve the levels of success their founders and investors hoped for. Indeed, a significant number will fail. Having worked as legal counsel for dozens of venture-backed startups over the years, what frustrates me most is the number of companies that fail not … Continue reading “Top Legal Mistakes Entrepreneurs Make When Launching Startups”

FreedomPop Obtains $30,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8049c243-5675-4d9d-9412-3019fbf7ac30 Date 6/17/2015 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 $30,000,000 Series B Funding”

Transphorm Receives $39,999,999 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=31a7f7d9-739c-4fb9-930f-6333c4ffc190 Date 6/17/2015 Company Name Transphorm Mailing Address 115 Castilian Dr. Goleta, CA 93117 USA Company Description Transphorm is engaged in developing novel solutions to enhance global efficiency by revolutionizing the generation and use of clean energy. Website http://www.transphormusa.com Transaction Type Venture Equity Transaction Amount $39,999,999 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “Transphorm Receives $39,999,999 New Funding Round”

ServiceTitan Lands $18,000,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=39983895-cc4a-482e-8881-9869fe46c769 Date 6/17/2015 Company Name ServiceTitan Mailing Address 425 West Broadway Glendale, CA 91204 USA Company Description ServiceTitan is the preferred software for hundreds of the world’s most successful plumbing, HVAC, and electrical companies in the U.S. and Canada, including Mr. Rooter®, Mr. Electric®, and Aire Serv®, as well as best practice … Continue reading “ServiceTitan Lands $18,000,000 Series A Funding”

IRIS.TV Lands $5,300,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b22e9ac0-0f38-4116-85ab-e383cee09f2b Date 6/17/2015 Company Name IRIS.TV Mailing Address 453 S. Spring Street Los Angeles, CA 90013 USA Company Description Our mission is to help video publishers reimagine television for the digital world. Online video is clearly the new frontier of entertainment discovery and consumption. But despite online video’s success in finding an … Continue reading “IRIS.TV Lands $5,300,000 Series A Funding”

CoDa Therapeutics Secures $1,206,379 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2a6e6295-fec1-42b2-8a01-0f997a05ce2b Date 6/16/2015 Company Name CoDa Therapeutics Mailing Address 12520 High Bluff Drive San Diego, CA 92130 USA Company Description CoDa Therapeutics, Inc. is a San Diego-based pharmaceutical company focused on the development and commercialization of wound care therapeutics based on gap junction modulation. Website http://www.codatherapeutics.com Transaction Type Debt Transaction Amount $1,206,379 … Continue reading “CoDa Therapeutics Secures $1,206,379 New Financing”

Connectifier Lands $6,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6f7dcbd5-7820-49af-b89c-af524fddc0e6 Date 6/16/2015 Company Name Connectifier Mailing Address 355 Old Newport Blvd. Newport Beach, CA 92663 USA Company Description Connectifier makes talent search engine technology that helps recruiters discover, qualify, and connect with exceptional job candidates. Website http://www.connectifier.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round Series A Proceeds Purposes Connectifier … Continue reading “Connectifier Lands $6,000,000 Series A Funding Round”

The Players Tribune Garners $950,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c6b8e1b3-d7cc-4242-951a-65ee8c856654 Date 6/16/2015 Company Name The Players Tribune Mailing Address 2900 W. Alameda Ave. 15th Floor Burbank, CA 91505 USA Company Description Introducing The Players’ Tribune, a new media platform that will present the voices of professional athletes, bringing fans closer to the games they love than ever before. Website http://www.theplayerstribune.com Transaction … Continue reading “The Players Tribune Garners $950,000 New Funding”

Avalon Debuts Three More Tiny Biotechs In Risk-Share Deal With GSK

We fly, you buy. That’s been the formula for the Avalon Ventures-GlaxoSmithKline biotech collaboration, with Avalon scouting for ideas around the country and GSK bankrolling them into startups that it can ultimately acquire. Avalon announced three more tiny startups today to bring the total so far to six. Today’s debuts are Adrenergics, going after treatments … Continue reading “Avalon Debuts Three More Tiny Biotechs In Risk-Share Deal With GSK”

BioIQ Lands $1,200,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2a185e6a-76cd-40e0-b981-0114f7b03076 Date 6/15/2015 Company Name BioIQ Mailing Address 1222 State Street Santa Barbara, CA 93101 USA Company Description BioIQ develops and markets medical diagnostic solutions through corporate, institutional, and direct-to-consumer channels. Its home test kits and corporate wellness solutions enable people to detect critical diseases such as cancer, diabetes, and heart disease … Continue reading “BioIQ Lands $1,200,000 New Funding”

OpenBazaar Garners $1,000,000 Seed Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=620e7e90-fac9-449b-bb7b-a4648e314736 Date 6/15/2015 Company Name OpenBazaar Mailing Address Undisclosed San Diego, CA 92121 USA Company Description OpenBazaar is a new way to trade online. By running a program on your computer, you can connect directly to other users in the OpenBazaar network and trade with them. This network isn’t controlled by a … Continue reading “OpenBazaar Garners $1,000,000 Seed Funding Round”

BioAtla Garners $30,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d57702b4-bc5d-4115-a6e1-c24408c2b715 Date 6/13/2015 Company Name BioAtla Mailing Address 11011 Torreyana Road San Diego, CA 92121 USA Company Description BioAtla uses deep expertise in protein and antibody engineering and proprietary technologies to solve critical protein development challenges and produce novel, IP-protectable products for our partners and our own product portfolio. Website http://www.bioatla.com Transaction … Continue reading “BioAtla Garners $30,000,000 New Funding”

Milestones of Innovation 8: Ten Minutes in White House Shapes World War II

Seventy-five years ago today, science took a seat next to the American presidency. It was a move of immense and continuing consequences for innovation in this country and across the world, not only in a war to the death but in the decades of uneasy peace that followed. The actual event on June 12, 1940 … Continue reading “Milestones of Innovation 8: Ten Minutes in White House Shapes World War II”

Locent Obtains New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f9242724-a79e-4753-a404-cfab28dd4892 Date 6/12/2015 Company Name Locent Mailing Address 1810 14th St. Santa Monica, CA 90404 USA Company Description Reach customers reliably & instantly on their preferred communication channel. Use customer chat history to give them more of what they want. Website http://www.locent.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed … Continue reading “Locent Obtains New Funding”

West Coast Biotech Roundup: PCSK9, Amgen, SeaGen, Twist, Serenus

The biggest West Coast news happened near the nation’s capital this week. Amgen (NASDAQ: [[ticker:AMGN]]) of Thousand Oaks, CA, saw its next-generation anti-cholesterol drug evolocumab (Repatha) get a thumbs-up, with caveats, from an FDA advisory panel. Next comes the agency’s decision later this summer whether to approve the drug, and for which patients. The panel … Continue reading “West Coast Biotech Roundup: PCSK9, Amgen, SeaGen, Twist, Serenus”

XTuit Gets $22M From NEA, Polaris to Battle Cancer, Liver Disease

Call it ground zero in a patient’s battle with cancer: the tumor microenvironment, the tissue around a cancerous cell that gets tricked into doing its bidding. That critical terrain is becoming the focus of a lot of fresh ideas for scientists—and one of them is taking shape today, with the emergence of a startup called … Continue reading “XTuit Gets $22M From NEA, Polaris to Battle Cancer, Liver Disease”

Local ID Secures $1,900,000 Seed Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9185b6b6-5616-4e95-8dc4-85c417c58b24 Date 6/11/2015 Company Name Local ID Mailing Address 4052 Del Rey Ave. Los Angeles, CA 90292 USA Company Description At Local ID, we have a big vision of where we want to go and the world we want to change. If you believe in our mission to revolutionize how big brands … Continue reading “Local ID Secures $1,900,000 Seed Financing Round”

Rare Heart Disease Advocate: “I’m More Relieved Than I’ve Ever Been”

[Corrected 6/10/15, 10:14pm. See below.] Katherine Wilemon had a celebratory glass of wine a couple hours ago, which some say is good for the heart. Even better for Wilemon, however, is the reason she’s celebrating: In a two-day discussion about two new drugs aimed at high cholesterol, a panel of outside advisors recommended that the FDA … Continue reading “Rare Heart Disease Advocate: “I’m More Relieved Than I’ve Ever Been””