This month a group of 50 clean energy CEOs, investors and executives from New England traveled to Washington D.C. to deliver a common message to our leaders in the nation’s capitol: comprehensive energy and climate legislation is critical for building the clean energy economy here in New England and across the United States. The Kerry-Lieberman … Continue reading “The Clean Energy Choice—To Lead or Lag”
Category: Seattle
RF Surgical Systems Receives $2,500,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9877b9d8-6a85-476c-b159-a01b4affcd58&Preview=1 Date 5/26/2010 Company Name RF Surgical Systems Mailing Address 2700 Richards Road Bellevue, WA 98005 Company Description RF Surgical Systems, Inc. is a medical device company with headquarters in Bellevue, Washington and engineering R & D facilities in San Diego, California. The privately held company was founded by Chairman Jeffrey Port, … Continue reading “RF Surgical Systems Receives $2,500,000 Series A Financing Round”
Twiistup Startup Sessions: Marketing Your Internet Company
Info and registration here. Are you trying to get more search engine traffic to your website? Neil Patel will break down every aspect of SEO so that you won’t just rank on page 1 of Google, but you’ll rank at the top of page 1. Through these SEO tactics, Neil has been able to help … Continue reading “Twiistup Startup Sessions: Marketing Your Internet Company”
RF Surgical Scores $2.5M More
Medical device maker RF Surgical Systems, which is based in Bellevue, WA, and has R&D operations in San Diego, has raised $2.5 million in equity financing out of a total offering of $5 million, according to a regulatory filing. The company confirmed the funding today. It says it had raised approximately $21 million before this … Continue reading “RF Surgical Scores $2.5M More”
pii2010: Privacy, Identity, Innovation
Information and registration here. Taking place August 17-19 in Seattle, pii2010 will explore the future of digital privacy, identity and innovation, and how to strike a balance between protecting sensitive information and enabling new technologies and business models. It’s an all-hands-on-deck conference where industry executives, technologists, consumer advocates, policy experts and other stakeholders will come … Continue reading “pii2010: Privacy, Identity, Innovation”
Mobile Breakfast Series: Startup Nation
This breakfast highlights the startup side of the mobile industry. CEOs from companies in the advertising, healthcare, location-based messaging, and crowdsourcing segments of the mobile industry will present across two, one-hour panels on this morning. Register here.
Google Touts Its Role, State by State, in U.S. Economic Growth
Google unveiled the results of its first state-by-state analysis of the company’s impact on regional economies at press events in 10 cities on Tuesday, including Cambridge, MA, Detroit, and Seattle. For the most part, Google measured the value it generates when local advertisers and Web publishers use its AdWords and AdSense platforms for Web advertising. … Continue reading “Google Touts Its Role, State by State, in U.S. Economic Growth”
Creative Forces Robbie Bach, J Allard Leave Microsoft as Part of Exec Shakeup
Two longtime technology leaders are heading for the exits at Microsoft today. The Redmond, WA, company (NASDAQ: [[ticker:MSFT]]) announced this morning, amid swirling rumors, that Entertainment and Devices president Robbie Bach is leaving the company this fall. Senior vice president of design and development J Allard is also stepping down from his role, and will … Continue reading “Creative Forces Robbie Bach, J Allard Leave Microsoft as Part of Exec Shakeup”
Hutch Nabs $10M Computing Grant
The Fred Hutchinson Cancer Research Center said today it has received two grants worth a total of $10.1 million to set up a high-performance computing cluster and center to safeguard research data. The money comes from the American Recovery and Reinvestment Act, aka “the stimulus,” via the National Institutes of Health. The plan is to … Continue reading “Hutch Nabs $10M Computing Grant”
Generating a Human Return on Investment: Three Young Scientists Pursue Dreams
Businesses have financial data to show how they are performing. Research centers can point to how their discoveries are cited by peers. But nonprofits seeking to benefit society? Hard data and accountability that goes with it can be elusive. That’s why what happened yesterday at the Meydenbauer Center in Bellevue was so impressive. The Northwest … Continue reading “Generating a Human Return on Investment: Three Young Scientists Pursue Dreams”
Off & Away Lands Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b93900e9-334e-402f-8342-a3ed974ab38b&Preview=1 Date 5/25/2010 Company Name Off & Away Mailing Address 318 1st Ave. S. Seattle, WA 98104 Company Description The company operates a travel oriented website that allows shoppers to obtain great deals. Website http://www.offandaway.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Series A Proceeds Purposes Proceeds purposes were not … Continue reading “Off & Away Lands Series A Financing”
The Rubicon Project Acquires SiteScout for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=787416f2-f92e-45ca-a81b-33ae2fb9b635&Preview=1 Date 5/25/2010 Company Name SiteScout Mailing Address 419 Occidental Ave. S. Seattle, WA 98104 Company Description SiteScout provides the industry’s leading solution for Web publishers to prevent malicious ads and other dangerous Web content from reaching customers. Website http://www.sitescout.net Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms … Continue reading “The Rubicon Project Acquires SiteScout for Undisclosed Sum”
Alliance of Angels 10-Minute Pitch Clinic
At this event, the Alliance of Angels, a group of investors and VC representatives, will give entrepreneurs lessons on how to carve their business pitches into 10-minute presentations. The day will feature reviews of the organization’s ideas on what makes up a quality pitch, and offer an interactive workshop where attendees can tackle their own … Continue reading “Alliance of Angels 10-Minute Pitch Clinic”
Tech Tidbits: Gist Vs. Smartsheet in Google Apps, Display Week Demos, and the Carried Interest Debate
It’s a good start to what promises to be a busy week in Seattle-area tech news. To get caught up, here’s a quick look at what’s been going on around town. —Display Week, the Society for Information Display conference, is going on in Seattle this week. No, the iPad has not put this show out … Continue reading “Tech Tidbits: Gist Vs. Smartsheet in Google Apps, Display Week Demos, and the Carried Interest Debate”
Cell Therapeutics Adds $21M
Cell Therapeutics (NASDAQ: [[ticker:CTIC]]), the Seattle-based developer of cancer drugs, said today it has raised $21 million through an offering of preferred stock to three institutional investors. The company’s lead drug candidate, pixantrone for non-Hodgkin’s lymphoma, was rejected by the FDA last month. Cell Therapeutics said it plans to use the new financing to pay … Continue reading “Cell Therapeutics Adds $21M”
From Bootstrap to VC: Appature Doubles Size in a Year, Looks for Next Defining Moment in Health IT
What happens to a scrappy, profitable startup after it decides to take its first round of venture funding? Cynics might say the founders will give up too much control to venture capitalists, focus on growth while sacrificing profits, and try to make a splash in a bigger market before it’s ready. Seattle-based Appature would say … Continue reading “From Bootstrap to VC: Appature Doubles Size in a Year, Looks for Next Defining Moment in Health IT”
Amdocs Open Innovation
Info and registration here. On May 25th, 2010 Amdocs will be hosting an Open Innovation Event at Seattle’s Edgewater Hotel. This will be an engaging discussion around innovation and how to harness it for creating a more competitive advantage in this increasingly connected mobile lifestyle. Hear from Amdocs, Service Providers and emerging “start-ups” on what … Continue reading “Amdocs Open Innovation”
Biotech’s $1 Billion Tax Credits Are Up for Grabs! OK, Now Everybody Relax
The rules regarding the Qualifying Therapeutic Discovery Project Credit have now been released by the Treasury Department. You can read the fact sheet, and detailed description of the legislation yourself, but here are 10 key points I came away with after reading them. 1. The first thing that everyone can do is relax. In contrast … Continue reading “Biotech’s $1 Billion Tax Credits Are Up for Grabs! OK, Now Everybody Relax”
WEDC Regional Innovation and Jobs Summit
Information and registration here. On May 26, 2010 the Washington Economic Development Commission, Governor’s Office, Department of Commerce, Washington Economic Development Association and the House and Senate Committees on Economic Development will join with regional partners to convene the Regional Innovation and Jobs Summit in Tacoma WA. The Summit will bring together our state’s rich … Continue reading “WEDC Regional Innovation and Jobs Summit”
How Will Microsoft Become a Top Player in Health IT? Through Partnerships, Providers, and Pluck, Says GM Michael Raymer
If you talk to doctors and healthcare companies, you’ll hear a fair bit of skepticism about whether Microsoft will ever amount to much of a major force in health technology. Of course, Microsoft is plenty used to skepticism. Crushing it, that is. That’s why the Redmond, WA, software company (NASDAQ: [[ticker:MSFT]]) has been seriously ramping … Continue reading “How Will Microsoft Become a Top Player in Health IT? Through Partnerships, Providers, and Pluck, Says GM Michael Raymer”
Putting My iPad’s Geocaching App to the Test, on a Vlog in the Woods
Today’s column is in video form, which is a first for me. I was out hiking with my dog Rhody in the Blue Hills Reservation south of Boston last weekend when a few realizations hit me at once. 1) I had my 3G iPad with me 2) I had my camera with me 3) I … Continue reading “Putting My iPad’s Geocaching App to the Test, on a Vlog in the Woods”
Who Needs VCs? Steven Quay’s Atossa Genetics Seeks Fast IPO For Breast Cancer Test
Most biotech firms toil as obscure private companies for years to prove their ideas work in the clinic. They have to hustle non-stop for venture capital to keep the doors open just long enough to someday cash out with an IPO. Steven Quay is betting he’s found a shortcut. Quay, the veteran Seattle biotech CEO, … Continue reading “Who Needs VCs? Steven Quay’s Atossa Genetics Seeks Fast IPO For Breast Cancer Test”
GenoLogics Raises $1M
GenoLogics, the Victoria, BC-based developer of software for biologists and physicians, has raised another $1 million of equity financing out of a round that could be worth $1.5 million, according to a regulatory filing. GenoLogics previously raised $5 million in February 2009 from OVP Venture Partners, Yaletown Venture Partners, and GrowthWorks Capital. We profiled the … Continue reading “GenoLogics Raises $1M”
Cray Wins $47M DOE Contract
Seattle-based Cray (NASDAQ: [[ticker:CRAY]]) said today it has been awarded a multi-year, $47 million contract from the U.S. Department of Energy to provide supercomputing products and support services to the National Oceanic and Atmospheric Administration and Oak Ridge National Laboratory. The machines will be used for advanced climate modeling and research. Under the terms of … Continue reading “Cray Wins $47M DOE Contract”
InsideTrip Goes Mainstream, Rates Itinerary Quality, Provides Broad Lessons in Online Travel
Think about the last time you flew anywhere. How would you rate the overall experience? Unless you’re a bird, there were probably things that could have been a lot better—legroom, connection time, delays, quality of service, and so on. In fact, the general level of misery in air travel feels like it’s always going up. … Continue reading “InsideTrip Goes Mainstream, Rates Itinerary Quality, Provides Broad Lessons in Online Travel”
Redfin, Bonanzle, TisBest Win Seattle 2.0 Awards
The second annual Seattle 2.0 Awards, a celebration of local software startups and tech entrepreneurs, took place in Seattle last night. Jonathan Sposato, the former CEO of Picnik (recently acquired by Google) gave the keynote talk. The award winners were Glenn Kelman of Redfin (best entrepreneur blog), Eric Koester from Cooley (best service provider to … Continue reading “Redfin, Bonanzle, TisBest Win Seattle 2.0 Awards”
Alder’s Long-Awaited Arthritis Data, Ikaria Plots $200M IPO, Emerald’s Resurrection, & More Seattle-Area Life Sciences News
Get ready for a double-dose of your usual Seattle biotech roundup, as I was too slammed to give you the regular weekly shot of news last Thursday. —Six months after Bristol-Myers Squibb (NYSE: [[ticker:BMY]]) wrote a big check to Bothell, WA-based Alder Biopharmaceuticals, we can see why. Xconomy had the exclusive on how ALD518 generated … Continue reading “Alder’s Long-Awaited Arthritis Data, Ikaria Plots $200M IPO, Emerald’s Resurrection, & More Seattle-Area Life Sciences News”
MicroGreen Polymers Raises $6.9M More to Move Fast Into Consumer Products
Score one for materials science. Arlington, WA-based MicroGreen Polymers said today it has raised $6.9 million in Series B funding, including a new strategic investment from Waste Management (NYSE: [[ticker:WM]]), based in Houston, TX. Existing investors WRF Capital, Northwest Energy Angels, and other private investors also participated. MicroGreen says the money will be used to … Continue reading “MicroGreen Polymers Raises $6.9M More to Move Fast Into Consumer Products”
Three Survival Strategies for Young Companies (Plus a Stock Tip) from the Startup Predictor
Thomas Thurston usually charges big bucks for a consultation like the one he gave me this week. But you’re getting it for free here. Of course, maybe it’s a freebie that will make you seek him out for more information. Either way, consider yourself lucky. I do. Thurston is the founder of Growth Science International, … Continue reading “Three Survival Strategies for Young Companies (Plus a Stock Tip) from the Startup Predictor”
Scripps Chemistry Idea “Clicks” With Big Pharma, Seattle’s Integrated Diagnostics
One of the Nobel Prize winners at The Scripps Research Institute in San Diego has been saying for a decade that chemists would be better off doing the simple thing instead of the hard thing. Now quite a few of the world’s top academic scientists and Big Pharma companies are starting to adopt K. Barry … Continue reading “Scripps Chemistry Idea “Clicks” With Big Pharma, Seattle’s Integrated Diagnostics”
MicroGreen Polymers Secures $6,900,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9b0249d3-2171-4cf9-ae22-6e935a247a11&Preview=1 Date 5/19/2010 Company Name MicroGreen Polymers Mailing Address 7220 201st Street NE Arlington, WA 98223-7477 Company Description MicroGREEN Polymers is on a mission to give the plastics industry and the world environmentally sound plastics technologies with substantial economic advantages. MicroGREEN Polymers Inc. was incorporated September 11, 2002, in Washington State. The … Continue reading “MicroGreen Polymers Secures $6,900,000 Series B Financing”
WTIA Annual Summer Celebration
Info and registration here. WTIA’s annual Summer Celebration is back, and this time we are bringing the community together with a new flare. Hosted in Woodinville at Chateau Ste Michelle Winery our guests will enjoy a summer kaleidoscope of business opportunities, enjoyment & education! CONNECT: With over 200 peers in the tech crowd. SIP: On … Continue reading “WTIA Annual Summer Celebration”
Microsoft Sues Salesforce.com
Redmond, WA-based Microsoft has filed a federal lawsuit against its rival Salesforce.com, claiming the online customer relationship management (CRM) company infringes on nine of its patents. Microsoft is seeking a jury trial, damages, and injunctions. The news was reported earlier by CNET and other media outlets. The patents cover technologies such as display and user-interface … Continue reading “Microsoft Sues Salesforce.com”
Dashwire, Ground Truth, Swype Win Awards
Seattle-area mobile startups Dashwire, Ground Truth, and Swype have been named to FierceWireless’s Fierce 15 list. The 2010 awards recognize innovation and intelligence in emerging companies in the wireless sector (follow the link above to read the FierceWireless writeups of each company). Dashwire makes software to sync people’s phones with the Web and help them … Continue reading “Dashwire, Ground Truth, Swype Win Awards”
Where Are All the Freakin’ Seattle-Area Deals?
I don’t know, maybe all this event planning (and attending) is taking away from the deal flow in the Northwest, especially in the tech industry. There hasn’t been much in the way of new company financings or acquisitions in the past week or two. But it’s probably the calm before the storm… —Seattle’s Institute for … Continue reading “Where Are All the Freakin’ Seattle-Area Deals?”
Clay Christensen Speaks at Technology Alliance on Disruptive Innovations in Education, Health, VC
A roomful of 850 business leaders and policy makers got some serious food for thought at yesterday’s annual “State of Technology” Luncheon in Seattle, organized by the Technology Alliance. The guest of honor was Clayton Christensen, the Harvard Business School professor who coined the term “disruptive innovation” in a series of bestselling business books starting … Continue reading “Clay Christensen Speaks at Technology Alliance on Disruptive Innovations in Education, Health, VC”
Leroy Hood’s Personalized Medicine Vision Enters Proving Ground at Ohio State
Seven years after biotech pioneer Leroy Hood coined the term “P4 Medicine,” for a transformative new idea in healthcare, he has captured the first significant money and manpower from a major U.S. medical school to carry the idea forward. Ohio State University, the nation’s second-largest university, said late Friday that its board has approved a … Continue reading “Leroy Hood’s Personalized Medicine Vision Enters Proving Ground at Ohio State”
Evri Absorbs Twine, Goes Mobile for Tech News on Android Phones
Twine.com is officially no more. As of Friday, the semantic and social news service has been discontinued, and most of its features have been folded into Evri.com, the Seattle-based semantic information discovery site. Both companies were backed by Paul Allen’s Vulcan Capital, and in February, Evri acquired Twine (Radar Networks, based in San Francisco) for … Continue reading “Evri Absorbs Twine, Goes Mobile for Tech News on Android Phones”
Microsoft to Pay VirnetX $200M
Microsoft said today it will pay VirnetX Holding Corp. $200 million to settle patent infringement cases brought by VirnetX against the Redmond, WA-based software company. VirnetX (NYSE AMEX: [[ticker:VHC]]), an Internet security firm based in Scotts Valley, CA, filed a lawsuit in 2007 alleging that Microsoft Windows, Office, and other products infringed on two of … Continue reading “Microsoft to Pay VirnetX $200M”
“Disruptive Innovation” Author Speaks, Seattle 2.0 Awards, the Next Twiistup, & More Seattle Events
Event season is in full swing here in Seattle. I thought it’d be useful to give a quick rundown of some of the gatherings our readers might want to attend in the next few weeks. If you want to know the secret to surviving as a startup (or a big company, for that matter), or … Continue reading ““Disruptive Innovation” Author Speaks, Seattle 2.0 Awards, the Next Twiistup, & More Seattle Events”
Alder, Bristol Arthritis Drug Shows “Outstanding” Results in Trial, Lead Researcher Says
Six months after Bristol-Myers Squibb (NYSE: [[ticker:BMY]]) wrote a big check to Bothell, WA-based Alder Biopharmaceuticals, we can see what some of the fuss is about. The first public glimpse of data from a mid-stage clinical trial of Bristol and Alder’s experimental antibody drug for rheumatoid arthritis appeared online last week. These are the results … Continue reading “Alder, Bristol Arthritis Drug Shows “Outstanding” Results in Trial, Lead Researcher Says”
Harris Corp. Acquires SignaCert for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c541177d-81cd-4a24-844d-6cdfc9d76ead&Preview=1 Date 5/17/2010 Company Name SignaCert Mailing Address 707 SW Washington Street 7th Floor Portland, OR 97205 Company Description SignaCert is a Delaware C-Corporation doing business in Portland, Oregon. The company focus is the development and delivery of software and services to provide enhanced trust management and enforcement of Information Technology (IT) … Continue reading “Harris Corp. Acquires SignaCert for Undisclosed Sum”
Xconomy Seattle’s Health IT Event: The Slides You’ve Been Asking For
Quite a few people, including my old friend Carol Ostrom from The Seattle Times, asked me to post the slides from speakers at Wednesday’s Xconomy Forum on health IT innovation. As I told Carol, we listen carefully to our readers around here. Ask and ye shall receive. Below are the slides from five of the … Continue reading “Xconomy Seattle’s Health IT Event: The Slides You’ve Been Asking For”
The $300M Deal Nobody’s Talking About, and More Seattle Funding Highlights
Ever heard of Liberty Dialysis? It’s a healthcare company, headquartered in Mercer Island, WA, that runs more than 100 dialysis clinics around the country, and has more than 1,750 employees. Last month, we reported the company raised money from KRG Capital Partners, Bain Capital Ventures, and local investors Ignition Partners (or Ignition Capital, the growth-stage … Continue reading “The $300M Deal Nobody’s Talking About, and More Seattle Funding Highlights”
Okay, You’ve Declared E-Mail Bankruptcy. Now What?
There’s lots going on in Xconomy-land, so this week’s column will be shorter than usual. Which is probably fine with you, since everyone seems pressed for time these days. Microsoft is notorious for its lame ad campaigns, but lately the software giant has been putting its finger on the overcommitment problem, through an amusing series … Continue reading “Okay, You’ve Declared E-Mail Bankruptcy. Now What?”
How Microsoft (and Startups) Can Make Money in Health IT, Personalized Medicine Is a “Crock,” and Other Highlights from the Xconomy Forum
Business leaders, researchers, and investors interested in the intersection of healthcare and information technology packed into the auditorium of the Frye Art Museum on First Hill in Seattle on Wednesday. Luke showed you some of the pictures from our Xconomy Forum already. Let me give you my observations from the event, in the form of … Continue reading “How Microsoft (and Startups) Can Make Money in Health IT, Personalized Medicine Is a “Crock,” and Other Highlights from the Xconomy Forum”
Ikaria, Developer of the Hutch’s Hibernation-on-Demand Concept, Seeks $200M IPO
Ikaria, the developer of a drug to induce hibernation on demand like something from a science fiction novel, is attempting to raise $200 million through an initial public offering to help it achieve its goal. Ikaria is headquartered in Clinton, NJ, but its R&D base is in Seattle, close to the lab of Mark Roth … Continue reading “Ikaria, Developer of the Hutch’s Hibernation-on-Demand Concept, Seeks $200M IPO”
Xconomy Seattle’s Health IT Photo Gallery
Thanks to everyone who made yesterday’s Xconomy event on how information technology can transform medicine into such a smash hit. We had a full house at the Frye Art Museum’s auditorium; a cast of dynamic speakers with diverse perspectives on health IT; a highly interactive panel discussion; and a fascinating duo of visionaries from the … Continue reading “Xconomy Seattle’s Health IT Photo Gallery”
Seattle BioMed Starts Malaria Trial
Seattle Biomedical Research Institute said today it has officially started the first human clinical trial of its malaria vaccine candidate. The trial will assess the safety of a genetically engineered version of the malaria parasite. I wrote about this trial in depth back in March based on an interview with Seattle BioMed’s lead researcher on … Continue reading “Seattle BioMed Starts Malaria Trial”
Cooley Q1 Report Shows Venture Investment Terms Continue to Improve
Venture financing is not out of the woods yet, but there are fewer trees, according to a report issued today that analyzes 83 VC transactions with a total value of $935 million. The Cooley law firm’s Venture Financing Report shows “continuing improvement” in VC deals nationwide during the first three months of 2010. Cooley, which … Continue reading “Cooley Q1 Report Shows Venture Investment Terms Continue to Improve”