Seven Questions for the CEO of the Consumer Electronics Association

You may never have heard of the Consumer Electronics Association, but you’ve definitely heard of its most famous annual event: the huge Consumer Electronics Show, or International CES. The four-day extravaganza draws more than 150,000 attendees to Las Vegas each January to see keynote talks by top industry CEOs and exhibits from 3,000 companies. Interestingly, … Continue reading “Seven Questions for the CEO of the Consumer Electronics Association”

Is Crowdfunding The Future For Biomedical Research?

Microryza.com (not the catchiest of names) is a crowdfunding platform for research that raises money over the Internet from individuals who are willing to donate small amounts to fund a specific project. The average donation according to Microryza is $92. In return for a 5 percent cut of funds raised and a 3 percent credit … Continue reading “Is Crowdfunding The Future For Biomedical Research?”

Gamma Medica Receives $3,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0e91361b-76ca-4701-94ed-47c6600a9c27 Date 7/11/2013 Company Name Gamma Medica Mailing Address 19355 Business Center Dr Northridge, CA 91324 Company Description Gamma Medica, Inc. builds and services imaging systems based on novel technologies to improve patient health through early diagnosis of disease, improved patient treatment and by enabling new drug discovery. Website http://www.gammamedica.com Transaction Type … Continue reading “Gamma Medica Receives $3,000,000 New Funding Round”

MicroPower Technologies Garners $7,499,999 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c22aa5c2-3c92-455a-8b01-867f5f60d78e Date 7/11/2013 Company Name MicroPower Technologies Mailing Address 4350 Executive Drive La Jolla, CA 92121 Company Description MicroPower Technologies is the creator of the world’s most power-efficient wireless video camera technology. Website http://www.micropowerapp.com Transaction Type Venture Equity Transaction Amount $7,499,999 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC … Continue reading “MicroPower Technologies Garners $7,499,999 New Financing”

FreedomPop Garners $5,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8e23d852-37fa-42d5-b8ef-8c1be7016ab4 Date 7/11/2013 Company Name FreedomPop Mailing Address 18757 Burbank Blvd. Tarzana, CA 91356 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 the … Continue reading “FreedomPop Garners $5,000,000 New Financing”

ViaCyte Raises $10.6M as Artificial Pancreas Moves Toward Key Trials

ViaCyte, the San Diego regenerative medicine startup with a big idea for using stem cell-derived therapy to treat diabetes, says today it has raised $10.6 million through a private equity financing. The deal included the company’s largest existing investors—Johnson & Johnson, Sanderling Ventures, and the Johnson Trust. ViaCyte says the funding matches the $10.1 million … Continue reading “ViaCyte Raises $10.6M as Artificial Pancreas Moves Toward Key Trials”

ViaCyte Lands $10,600,000 Series C Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=db819e27-7339-4988-a721-3529f036f195 Date 7/10/2013 Company Name ViaCyte Mailing Address 3550 General Atomics Court San Diego, CA 92121 Company Description ViaCyte is a preclinical therapeutic company focused on diabetes. Our therapy is based on pancreatic beta cell progenitors (Pro-Islet) derived from human pluripotent stem cells. These cells are implanted using a durable and retrievable … Continue reading “ViaCyte Lands $10,600,000 Series C Financing”

ServiceNow Acquires Dutch Provider of Performance Analytics Software

San Diego-based ServiceNow (NYSE: [[ticker:NOW]]) has acquired Mirror42, a nine-year-old software developer based in Amsterdam that helps companies measure their business performance. Financial terms were not disclosed in a statement released after regular trading ended today. ServiceNow says additional details will be disclosed in conjunction with second-quarter financial results that ServiceNow plans to release on … Continue reading “ServiceNow Acquires Dutch Provider of Performance Analytics Software”

San Diego’s Conatus Pharmaceuticals Sets Price Range for IPO Shares

After disclosing a planned IPO last month, San Diego’s Conatus Pharmaceuticals said in an updated filing yesterday that it plans to offer 5 million shares at a price between $10 and $12 per share. An additional 750,000 shares would be sold if underwriters exercise their option to extend the offering. Conatus estimates the offering would … Continue reading “San Diego’s Conatus Pharmaceuticals Sets Price Range for IPO Shares”

New Carlsbad “Germinator” Opens for Startups as DIY Biology Blooms

As an activist and founder of the Bay Area’s annual Open Science Summit, Joseph Jackson posed an intriguing question on Xconomy a few years ago: “Can a generation of “DIY” biology hobbyists help kickstart a new biotech revolution the way the home brew computer club did for personal computing?” Jackson answered his own question a … Continue reading “New Carlsbad “Germinator” Opens for Startups as DIY Biology Blooms”

Predixion Software Receives $20,000,000 Series C Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=738a5e98-0077-47f4-9141-99378b23535d Date 7/9/2013 Company Name Predixion Software Mailing Address 31910 Del Obispo San Juan Capistrano, CA 92675 Company Description Predictive analytics enable organizations to use and analyze current and historical data to make predictions about the future that can be applied across a multitude of functional areas. Predictions are used to increase … Continue reading “Predixion Software Receives $20,000,000 Series C Funding Round”

Zebit, Operated by Global Analytics, Raises $30M for U.S. Expansion

As a Web-based financial services company, Global Analytics is not exactly a household name—even in San Diego, where the company was founded in 2003. That seems likely to change in coming months, however. Global Analytics is announcing today it has raised $30 million in debt financing, as the company lays the groundwork to bring its … Continue reading “Zebit, Operated by Global Analytics, Raises $30M for U.S. Expansion”

Nine Observations on Leadership From North America’s Highest Peak

People are always striving to develop their leadership skills, or to find a leader worth following. But sometimes the trick is recognizing when you’re in the presence of strong leadership, and learning from it. Your normal BioBeat will return to this space next week, but lately I’ve been fixated on absorbing leadership lessons for business … Continue reading “Nine Observations on Leadership From North America’s Highest Peak”

Global Analytics Secures $30,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8a47a856-2055-491d-9393-cbf703b41aa2 Date 7/8/2013 Company Name Global Analytics Mailing Address 4250 Executive Square San Diego, CA 92037 Company Description Analytic solutions are now part of mainstream business processes. In many industries, the use of analytics has matured to a point where it is impossible to compete without them. Analytics is now at a … Continue reading “Global Analytics Secures $30,000,000 New Funding”

The Denali Expedition: A Photo Essay

I’ve been dreaming about Denali since I started climbing mountains a decade ago with two best friends. This is the year we made it happen. As many Xconomy readers know, I just returned from a successful three-week expedition to climb Alaska’s Denali, the highest peak in North America. Many saw me grow a beard to … Continue reading “The Denali Expedition: A Photo Essay”

Payoff Receives $4,536,551 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fafc6a23-f656-4362-b20d-c57e19fe0605&Preview=1 Date 7/5/2013 Company Name Payoff Mailing Address 6701 Center Drive Los Angeles, CA 90045 Company Description At Payoff, we believe the first step to financial freedom is paying off your debt. Watch this video to learn about our philosophy. Website http://www.payoff.com Transaction Type Venture Equity Transaction Amount $4,536,551 Transaction Round Undisclosed … Continue reading “Payoff Receives $4,536,551 New Financing”

BoxC Secures Seed Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6bbb2a68-9191-416d-812d-c39f55105d66 Date 7/5/2013 Company Name BoxC Mailing Address 8560 W. Sunset Blvd West Hollywood, CA 90069 Company Description Boxc provides zero inventory, virtual presence and fulfillment through optimizing the shipping supply chain. Overseas sellers can now ship for costs similar to domestic US sellers. Website http://www.boxc.co Transaction Type Accelerator Transaction Amount Undisclosed … Continue reading “BoxC Secures Seed Funding”

San Diego Life Sciences Roundup: Halozyme, Pathway Genomics, Avanir

The short week before the July 4th holiday made for a quick wrap-up of news from San Diego’s life sciences community. Here’s my rundown. —An important committee of the European Medicine Agency (EMA) gave a positive recommendation for a new formulation of Roche’s trastuzumab (Herceptin) that incorporates Hylenex, the FDA-approved drug delivery method from San … Continue reading “San Diego Life Sciences Roundup: Halozyme, Pathway Genomics, Avanir”

Baseball and Biopharma: More Alike Than You Might Realize

This may seem like a surprising observation, but it’s true. Biopharma companies and baseball teams employ similar strategies that they hope will result in either a blockbuster drug or winning the World Series. The challenges each faces are significant. Did you realize that the percentage of drugs that are put into clinical trials and successfully … Continue reading “Baseball and Biopharma: More Alike Than You Might Realize”

Kaleo Garners $1,500,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e6cc628-2cca-4f22-ad98-96aea43f550c&Preview=1 Date 7/3/2013 Company Name Kaleo Mailing Address 841 Apollo Street El Segundo, CA 90245 Company Description Kaleo is an interactive knowledge network that puts the answers to essential business questions at a user’s fingertips. Kaleo captures and tags information to create an organically growing knowledge base. Users can find information based … Continue reading “Kaleo Garners $1,500,000 New Financing”

HitFix Garners $1,800,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a5c3a4c2-5fbb-4784-8e5c-98ba9a13f200&Preview=1 Date 7/3/2013 Company Name HitFix Mailing Address 9031 1/2 Rangely Ave Los Angeles , CA 90048 Company Description HitFix is creating a unique offering by bringing the world of insider entertainment to fans of movies, television and music while providing an insider view on the news, events and information that matter … Continue reading “HitFix Garners $1,800,000 Series B Funding”

Engrade Secures $5,000,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f099fa55-2805-4202-b578-9d0613a6bd79&Preview=1 Date 7/3/2013 Company Name Engrade Mailing Address 1327 Ocean Ave Los Angeles, CA 90401 Company Description Engrade was founded in 2003 with a single mission: to help teachers. Over the years, Engrade has grown by leaps and bounds, being adopted by teachers and schools in all 50 states and in 150 … Continue reading “Engrade Secures $5,000,000 Series B Funding Round”

FIGS Obtains $2,000,000 Seed Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3ae3b430-9319-4fe8-b765-f083d80cd29d&Preview=1 Date 7/3/2013 Company Name FIGS Mailing Address 1836 Parnell Avenue Los Angeles, CA 90025 Company Description FIGS is revolutionizing the medical apparel industry. Medical professionals are our most cherished resource and we believe they have not been treated justly. Ugly scrubs? Baggy lab coats? Uncomfortable fabric? That is no way to … Continue reading “FIGS Obtains $2,000,000 Seed Funding Round”

Outerwall Acquires ecoATM for $350,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a58a5738-89b0-4277-81ee-968669c24aea&Preview=1 Date 7/3/2013 Company Name ecoATM Mailing Address 10515 Vista Sorrento Parkway San Diego, CA 92121 Company Description Solving the eWaste problem on a broad scale requires the collaboration of the OEM’s that make the devices, the retailers that sell them, and the consumers that buy and retire them. Website http://www.ecoatm.com Transaction … Continue reading “Outerwall Acquires ecoATM for $350,000,000”

Outerwall, aka Coinstar, Pays $350 Million for San Diego’s EcoATM

Bellevue, WA-based Coinstar says today that it has agreed to pay $350 million in cash to acquire EcoATM, the San Diego cleantech startup that operates kiosks for recycling electronic mobile devices. The automated retailer, which already was a major investor in EcoATM, with a 23 percent stake, also has changed its name Outerwall, along with … Continue reading “Outerwall, aka Coinstar, Pays $350 Million for San Diego’s EcoATM”

San Diego Tech Week Reflects Gains as Web Startups Amass Downtown

As the founding CEO of San Diego’s OpenCandy and its sister startup SweetLabs, Darrius Thompson says he usually keeps his head down and his attention focused on the nuts and bolts of building both companies, and on creating new Web-based software. So it’s understandable that Thompson was unaware of a grassroots effort to help boost … Continue reading “San Diego Tech Week Reflects Gains as Web Startups Amass Downtown”

When You Are Facing a Tsunami of Barriers, Surf Like a Woman

All entrepreneurs face roadblocks when they are starting up. It’s part of the job. For Surbhi Sarna, who founded of nVision Medical in 2012, things are more intense. NVision Medical is an early stage women’s health business focused building medical devices that help detect ovarian cancer and infertility. It recently raised over $4 million in … Continue reading “When You Are Facing a Tsunami of Barriers, Surf Like a Woman”

Xencor Obtains $7,597,653 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=04ddf64b-88a2-49e2-af97-e03aee7756e0&Preview=1 Date 7/2/2013 Company Name Xencor Mailing Address 111 West Lemon Avenue Monrovia, CA 91016 Company Description In collaboration with our partners — including leading biotechnology company Genentech and pharmaceutical company Eli Lilly — we are selectively designing next-generation protein drug candidates with improved selectivity, efficacy and safety. Website http://www.xencor.com Transaction Type … Continue reading “Xencor Obtains $7,597,653 New Funding Round”

Wall St. Loves Biotech, Leading Venture-Backed IPOs in Q2

[Updated 6:15 pm. NVCA now says historical IPO data in its report was misstated and will be revised later. This version removes earlier references to historical deal trends.] We knew that biotech companies were lighting up the stock market this year. Today, the National Venture Capital Association has fresh numbers illustrating Wall Street’s love affair … Continue reading “Wall St. Loves Biotech, Leading Venture-Backed IPOs in Q2”

PasswordBox: Strong Passwords That You Don’t Have to Remember

Leave it to tech entrepreneurs to turn bad news into good news. For most of us, our passwords are the keys to our entire digital lives. The bad news is that we’re losing the race to keep these passwords safe from hacker attacks. Making up a secure yet memorable password used to be a matter … Continue reading “PasswordBox: Strong Passwords That You Don’t Have to Remember”

Civic Hackers Must Work With Governments, Not Just Disrupt Them

I recently helped organize the National Civic Day of Hacking activities in Detroit and I was very impressed with my city’s outpouring of problems, and the hackers that came out to show support. Right now is a great time to be a technologist because our tools have advanced by leaps and bounds over the years. … Continue reading “Civic Hackers Must Work With Governments, Not Just Disrupt Them”

Ranker Receives $2,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d1bfdff-23c5-4420-8dd8-692fb80a45e3&Preview=1 Date 6/28/2013 Company Name Ranker Mailing Address 6420 Wilshire Blvd Los Angeles, CA 90048 Company Description Ranker is an operating system for Lists. Okay, that was pretty nerdy. But basically, Ranker is an easy, fun and social way to rank anything. By hooking up our 5 million+ item database to a … Continue reading “Ranker Receives $2,000,000 New Funding”

Biocom Presents: A One-Day Drug Development Briefing

San Diego’s Biocom industry group is hosting this overview about the discovery, development, and regulatory processes for bringing a new drug to market. Participants will learn about the business and scientific decisions involved in moving a product forward from basic research into preclinical and clinical trials, as well as a detailed consideration of the regulatory … Continue reading “Biocom Presents: A One-Day Drug Development Briefing”

Biocom Medical Diagnostics and Device Festival and Expo

BIOCOM hosts the 7th annual DeviceFest & Expo, a day-long medical device and diagnostic conference held this year in Carlsbad. The conference focuses on the latest developments in healthcare reimbursement, regulatory issues, deal structuring, commercialization, and connected health. More than 25 companies will showcase their innovative devices and diagnostic tools at the Expo. More information … Continue reading “Biocom Medical Diagnostics and Device Festival and Expo”

The Atlantic Meets the Pacific and Global Innovators in Technology and Healthcare

Game-changing ideas at the horizon of technology, the sciences, and health are the focus of the third annual “The Atlantic Meets the Pacific,” a national forum held at UC San Diego’s Scripps Institution of Oceanography. Presented by The Atlantic magazine and UC San Diego, the three-day conference explores the people and places working at the … Continue reading “The Atlantic Meets the Pacific and Global Innovators in Technology and Healthcare”

San Diego Life Sciences Roundup: Isis, Elcelyx, Acutus, and More

Much of the big news in San Diego’s life sciences community over the past week was coming out of Chicago, where the American Diabetes Association was holding its annual meeting. We’ve got it all wrapped up here. —San Diego’s Acutus Medical, founded in 2011 to develop minimally invasive technology for creating a 3-D mapping system … Continue reading “San Diego Life Sciences Roundup: Isis, Elcelyx, Acutus, and More”

6 Reasons Why the MIT Blackjack Team Became Entrepreneurs

Wow. Imagine being invited to moderate a free-form discussion with the people who lived out the book “Bringing Down the House” and the movie “21.” It doesn’t get any better than this. At Xconomy’s XSITE conference last week, I had the honor of moderating a reunion panel of the MIT Blackjack Team with two of … Continue reading “6 Reasons Why the MIT Blackjack Team Became Entrepreneurs”

AltheaDx Obtains $7,249,849 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=54983340-d6e4-483a-aea1-317ecadeaab7&Preview=1 Date 6/27/2013 Company Name AltheaDx Mailing Address 3550 Dunhill Street San Diego, CA 92121 Company Description Our proprietary gene expression profiles include assays for differential diagnosis of pediatric cancers and for improved diagnosis and management of prostate cancer. We have a track record of reducing the time, risk, and cost of … Continue reading “AltheaDx Obtains $7,249,849 New Financing Round”

Strangling Innovation: Tesla vs. “Rent Seekers”

The greatest number of jobs is created when startups create a new market—one where the product or service never existed before or is radically more convenient. Yet this is where startups will run into anti-innovation opponents they may not expect. These opponents have their own name—“rent seekers”—the landlords of the status-quo. Smart startups prepare to … Continue reading “Strangling Innovation: Tesla vs. “Rent Seekers””

MD Revolution Offers Blueprint for “Health Management” Practice

On the seventh floor of a medical office building near Scripps Memorial Hospital La Jolla, Dr. Samir Damani has established a prototype medical practice of the future. The suite looks more like a spa than a doctor’s office, with modern art mounted on chalk white walls and white-washed wooden floors that bespeak understated elegance and … Continue reading “MD Revolution Offers Blueprint for “Health Management” Practice”

Constructing Innovation Supply Chains for the Pharmaceutical Industry

Competition via innovation has been recognized as essential for mid- to long-term success and even survival of science-based corporations such as pharmaceutical and biotechnology companies. As such, understanding how best to innovate, and how to do it more often and efficiently, is top of mind for executives at many large corporations. Traditionally, the approach for … Continue reading “Constructing Innovation Supply Chains for the Pharmaceutical Industry”

Lastline Obtains $10,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7e3fc273-ea79-4f30-98b5-2a3343e3c393&Preview=1 Date 6/26/2013 Company Name Lastline Mailing Address 6950 Hollister Avenue Santa Barbara, CA 93117 Company Description Lastline, Inc., was founded in 2011 by university researchers Engin Kirda, Christopher Kruegel and Giovanni Vigna. Lastline’s security products synthesize and bring to commercial standards the founder’s award-winning, world-renowned academic research on malware analysis and … Continue reading “Lastline Obtains $10,000,000 New Financing Round”

Metacloud Receives $10,000,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c56ff630-5336-4bd6-ad80-41f7a2f77807&Preview=1 Date 6/26/2013 Company Name Metacloud Mailing Address 251 South Lake Blvd. Pasadena, CA 91101 Company Description We are a cloud solutions company. We are senior infrastructure engineers, cloud architects, and veterans of the industry’s largest web commerce and technology companies. Website http://www.metacloud.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round … Continue reading “Metacloud Receives $10,000,000 Series A Round”

EMN8 Lands $50,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1723a3f0-ba7d-4247-9b1a-44138c66dda1&Preview=1 Date 6/26/2013 Company Name EMN8 Mailing Address 10070 Mesa Rim Rd. San Diego, CA 92121 Company Description EMN8 is the leading innovator of rich media software delivered over enterprise networks that automate the customer ordering and payment processes in quick service restaurants, movie theatres, theme parks and other exhibition and retail … Continue reading “EMN8 Lands $50,000,000 New Financing”

The Bouqs Obtains $1,100,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=530236dd-08e7-4eb2-ae79-7db4e0b05128&Preview=1 Date 6/26/2013 Company Name The Bouqs Mailing Address 4766 Admiralty Way Marina Del Rey, CA 90295 Company Description We think of ourselves as a company, rather than a corporation. You know how you have company over to hang out, chat and have fun? That’s us. We’re company. We just so happen … Continue reading “The Bouqs Obtains $1,100,000 Seed Round”

TopLine Game Labs Secures $25,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e2e23d74-ce01-4c56-802f-9632490ddb3e&Preview=1 Date 6/26/2013 Company Name TopLine Game Labs Mailing Address 1925 Century Park E Los Angeles, CA 90018 Company Description We are architecting a robust platform to power exciting new sports and entertainment based social games. With our initial focus on the innovative and fast growing short-duration fantasy sports marketplace, combined with … Continue reading “TopLine Game Labs Secures $25,000,000 New Financing”

Fatskunk Pioneers Security Innovation as Mobile Cybercrime Looms

In the “Spy vs. Spy” world of cyber security and malicious software, Mark Grandcolas says the bad guys usually have an advantage with the element of surprise. The traditional approach of anti-virus software compares programs being downloaded against the known universe of malware, and determines if a snippet of code matches anything on the blacklist … Continue reading “Fatskunk Pioneers Security Innovation as Mobile Cybercrime Looms”

Can’t Get No Respect? Bio-venture Issues Are Deeper Than Paper Gains

In one of his recent blogs at Life Sci VC, Atlas Venture’s Bruce Booth makes the optimists’ case for venture capital investments in the life sciences. Booth’s message is that life sciences venture capital is healthy but misunderstood, but he misses the forest for the trees in important ways. Based on my 27 years in … Continue reading “Can’t Get No Respect? Bio-venture Issues Are Deeper Than Paper Gains”