Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=14708c44-c142-40ba-9902-66a0282c98bf Date 8/24/2016 Company Name RADAR Mailing Address 319 SW Washington Street Portland, OR 97204 USA Company Description RADAR is an award-winning incident response management SaaS solution used by leading organizations to reduce risk and simplify compliance with data breach laws. Website http://www.radarfirst.com Transaction Type Venture Equity Transaction Amount $6,200,000 Transaction Round … Continue reading “RADAR Receives $6,200,000 Series A Financing Round”
Category: Seattle
In Wake Of Infamous Biotech Party, 20 Women Join New Exec Training
[Updated 8/24/16, 1 a.m. See below.] A new program to prepare high-ranking women in the biotech industry for corporate board seats has unveiled its first class of 20. In other circumstances the five-day workshop, scheduled this fall at George Washington University in the nation’s capital, might go unnoticed among the sea of executive training programs … Continue reading “In Wake Of Infamous Biotech Party, 20 Women Join New Exec Training”
Tableau Names AWS Exec Selipsky CEO; Chabot Remains Board Chair
Nearly 14 years since its founding, Tableau Software (NYSE: [[ticker:DATA]]) is going through a major leadership transition. Co-founder and CEO Christian Chabot is handing over the top job at the Seattle company to Adam Selipsky, an Amazon Web Services executive. Chabot, who co-founded and built the data visualization and analytics company with Stanford colleagues Chris … Continue reading “Tableau Names AWS Exec Selipsky CEO; Chabot Remains Board Chair”
Why Resilient Teams Are More Important Than Big Ideas
How important is having a “big idea” for startups? Ideas can generate a lot of buzz and capture attention from investors and potential customers, but long-term success really depends on the capabilities of the team. It’s often said that investors typically look for an “A” team with a “B” idea rather than a “B” team … Continue reading “Why Resilient Teams Are More Important Than Big Ideas”
How a War on Climate Change Could Restore Economic Growth in America
What’s the biggest, scariest threat facing the United States right now? I know for sure that it’s not immigration, free trade, or “radical Islamic terrorism.” And I’m going to resist the easy answer that it’s Donald Trump. But I have a hard time deciding which of these two very real challenges is more urgent: a) … Continue reading “How a War on Climate Change Could Restore Economic Growth in America”
Intelligence + Maturity = Better Leaders
There are plenty of smart executives in the world, but they often make poor leaders. That’s because it takes both intelligence and maturity to excel at leadership. And when I say maturity, I don’t necessarily mean age, although generally more life experience is helpful. Maturity is the ability to manage oneself in challenging situations and to … Continue reading “Intelligence + Maturity = Better Leaders”
Seattle Week in Review: Heat, Haiku, Hard Choices
It was hot last night in Seattle. History hot. Xconomy Seattle’s Week in Review starts with the weather and the changing climate, and a proposal from the Sightline Institute designed to shield low-income people from the economic impact of taxing carbon dioxide emissions. We also review news from Amazon’s $100 million Alexa Fund and an … Continue reading “Seattle Week in Review: Heat, Haiku, Hard Choices”
A Window Opens For Federal Financial Aid at Edtech Programs Within Colleges
This week brought some encouraging news for educational technology companies and code schools, whose students often can’t qualify for federal grants and loans. The Obama administration is moving ahead with an experiment that makes federal student aid available for a small number of degree or certificate programs offered through partnerships between established higher education institutions … Continue reading “A Window Opens For Federal Financial Aid at Edtech Programs Within Colleges”
Bio Roundup: FDA Says No, PCSK9 Value Fight, CRISPR Intrigue & More
When the Olympics roll around, many watchers get into a sport they previously hadn’t thought much about. This time for me, it’s volleyball. The men’s and women’s games, both indoor and beach versions, are fast, aggressive, with lightning-quick adjustments and subtle teamwork required every time a ball is dug out and popped in the air. … Continue reading “Bio Roundup: FDA Says No, PCSK9 Value Fight, CRISPR Intrigue & More”
ID Experts Lands $27,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=22a6f07d-d80f-42fa-bc0e-49f360504666 Date 8/19/2016 Company Name ID Experts Mailing Address 210 Southwest Main Street Portland, OR 97204 USA Company Description As Your Data Breach Prevention And Response Specialist, We Ensure Your Customer s Privacy And Your Company s Reputation Is Preserved. Call Us Today!! Website http://www.idexpertscorp.com Transaction Type Venture Equity Transaction Amount $27,500,000 … Continue reading “ID Experts Lands $27,500,000 New Financing Round”
Pre-Election Day, VCs And Others Already Lobbying To Keep Low Tax Rate
Menlo Ventures managing director Venky Ganesan, who became chair of the National Venture Capital Association’s board in May, took office at a potentially crucial moment in the history of the venture investing sector. The name “Wall Street” has become a shorthand term for corruption in the populist mood of the presidential election campaign. And the … Continue reading “Pre-Election Day, VCs And Others Already Lobbying To Keep Low Tax Rate”
Ford Says It Will Have Self-Driving Cars Within Five Years
Ask five auto executives to predict when we can expect to see self-driving cars make their commercial debut, and you’ll likely hear five different answers. Even though it’s an exciting technology that has captivated car manufacturers across the world, the industry seemed to agree that there is still a fair amount of work to do … Continue reading “Ford Says It Will Have Self-Driving Cars Within Five Years”
Pharma’s Productivity Problem: Finding More Blockbuster Drugs
A recent Wall Street Journal article that raised the possibility of Biogen as the target of another huge pharma buyout cited the lack of productivity as a major driver of M&A in the pharmaceutical industry. The authors made the point that, given the size of companies today, a single garden-variety blockbuster hardly moves the needle. … Continue reading “Pharma’s Productivity Problem: Finding More Blockbuster Drugs”
OncoGenex Hires Advisor, Evaluates Options As Cancer Drug Fails Again
It wasn’t too long ago that OncoGenex Pharmaceuticals had high hopes that a drug called custirsen might make a big impact on the fast-moving treatment landscape for prostate cancer. A couple of failed trials later, however, the Bothell, WA, company has now hired a financial advisor to see if it still has a path forward. … Continue reading “OncoGenex Hires Advisor, Evaluates Options As Cancer Drug Fails Again”
Summa Obtains New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=269f6391-6925-4f8f-a419-aa9a4b712098 Date 8/16/2016 Company Name Summa Mailing Address 10001 Lake City Way NE Seattle, WA 98125 USA Company Description For more than a quarter-century, Summa engineers have designed some of the most popular, affordable and durable equipment solutions for the sign making, outdoor advertising and aircraft marking industries. Website http://www.summa.be Transaction Type … Continue reading “Summa Obtains New Round”
Seattle Week in Review: Healthcare IT, Machine Learning, and the 12s
Summer weather may finally come to Seattle in earnest this weekend. Before you head to the lake, check out Xconomy Seattle’s review of a couple of healthcare IT investments; Apple’s acquisition of Turi (nee GraphLab, then Dato) and the future of the iPhone; new funding for Zenoti and Kepler Communications; a new fund for Keiretsu … Continue reading “Seattle Week in Review: Healthcare IT, Machine Learning, and the 12s”
Bio Roundup: Precision Med and Google, Heron, Lilly, Sarepta & More
The wait continues. An FDA ruling on a Duchenne muscular dystrophy drug from Sarepta Therapeutics—which could be the first ever approved for the disease—has been imminent for a while now, yet Labor Day is fast approaching and still the saga drags on. Speculation abounds, from analysts and pundits, each giving different opinions as to whether … Continue reading “Bio Roundup: Precision Med and Google, Heron, Lilly, Sarepta & More”
4-Tell Receives $1,500,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bf007da1-b1f6-4b4b-8429-571f334a14cc Date 8/12/2016 Company Name 4-Tell Mailing Address 110 Northeast Cedar Street Stevenson, WA 98648 USA Company Description 4-Tell believes everyone can leverage their data and grow their business. By combining the wisdom of the crowds with data analytics and your merchandising knowledge, we can engage your customers and improve your bottom … Continue reading “4-Tell Receives $1,500,000 New Funding”
Zenoti Receives $15,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8f6a4388-6d76-481c-b6bb-89064e82ec80 Date 8/12/2016 Company Name Zenoti Mailing Address 9655 SE 36th St. Mercer Island, WA 98040 USA Company Description Today, the Zenoti platform is engineered for reliability and scale, and using enterprise-level technology made available to businesses of all sizes from the single location brand to chains with over 600 outlets. Zenoti … Continue reading “Zenoti Receives $15,000,000 Series B Financing”
Productivity in Your Pocket
The app that you use is the one in your pocket. Today, larger mobile screens and touch interfaces are allowing people to do real work—not just e-mail—with the computer they have, wherever they are. It started with the Blackberry in the early 2000s. Like a dream, or a nightmare, e-mail—which is still the go-to work … Continue reading “Productivity in Your Pocket”
As U.S. Looks to Launch Precision Health Study, Google’s Role Emerges
The U.S. government has ambitious plans for a long-term health study with one million Americans, and one of the world’s most powerful tech companies has a big part to play, including the storage of all the data on its “cloud” servers. Google’s parent company Alphabet (NASDAQ: [[ticker:GOOG]]) and its wholly owned biotech R&D group, Verily … Continue reading “As U.S. Looks to Launch Precision Health Study, Google’s Role Emerges”
Accolade Raises $70M to Build Healthcare Concierge Technology
Accolade, the healthcare IT company that filled its C-suite with the executive team behind one of the Seattle area’s biggest startup success stories and established a new headquarters here earlier this year, has added $70 million in fresh capital to its coffers from Andreessen Horowitz and Madrona Venture Group, among others. The funding, part of … Continue reading “Accolade Raises $70M to Build Healthcare Concierge Technology”
WA State’s Healthcare Transformation Checkup: How Are We Feeling Today?
We all know (or should know by now) that healthcare is undergoing a historic transformation into a digital consumer service. Consumers will soon expect to comparison shop health providers the same as they would for travel, banking, real estate or consumer goods. Health providers that develop the right formula of value—publishing reference pricing and outcomes … Continue reading “WA State’s Healthcare Transformation Checkup: How Are We Feeling Today?”
How Will Apple Innovate Beyond the iPhone 7? With Next-Gen Siri
Apple’s iPhone 7 is due out next month. According to the Wall Street Journal, PFWTMs (“people familiar with the matter”) say the new device will look pretty much the same as the iPhone 6s. The biggest change: no more headphone plug. Customers who want to listen to music or podcasts on their iPhones will need … Continue reading “How Will Apple Innovate Beyond the iPhone 7? With Next-Gen Siri”
Mirabilis Medica Garners $5,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4b16d515-99ed-44d7-a821-fa64b3362813 Date 8/9/2016 Company Name Mirabilis Medica Mailing Address 18706 North Creek Parkway Bothell, WA 98011 USA Company Description Mirabilis’ patented technology employs therapeutic ultrasound under real-time guidance of imaging ultrasound. This leading-edge technology is designed to allow a physician to treat pathological tissue deep inside the body without incisions, punctures or … Continue reading “Mirabilis Medica Garners $5,000,000 New Funding”
Analysis: With a Tight Smile, Trump Details Economic Plan in Detroit
I wasn’t sure what to expect when Republican presidential nominee Donald Trump and his running-mate, Indiana governor Mike Pence, were the featured speakers at a Detroit Economic Club luncheon today. Trump has spent most of the summer lurching from one controversy to another, but in Detroit, he appeared to be well-coached and almost singularly focused … Continue reading “Analysis: With a Tight Smile, Trump Details Economic Plan in Detroit”
Walmart Makes It Official, Acquires Jet.com for $3 Billion
After word leaked last night via Recode, Walmart officially announced Monday in an e-mailed statement that it has agreed to acquire Hoboken, NJ-based e-commerce site Jet.com for $3 billion cash, a strategic move touted by some as a way for the big box retailer to be more competitive with Amazon. Further sweetening the deal, Walmart said it will pay … Continue reading “Walmart Makes It Official, Acquires Jet.com for $3 Billion”
Celgene Passes on Acetylon as Another Option-to-Buy Deal Flames Out
The option-to-buy deal, in biotech, is a way to hedge a bet. A big firm will pay a fee for the right to acquire a smaller company later on, with the big bucks coming only if the acquisition is triggered. An option isn’t a guarantee, however; a big company can always pass on a buyout, … Continue reading “Celgene Passes on Acetylon as Another Option-to-Buy Deal Flames Out”
Report: Seattle Machine Learning Star Turi Acquired by Apple
One of Seattle’s foremost machine learning startup companies, Turi—formerly known as GraphLab and then Dato—appears to have been acquired by Apple, according to press reports. GeekWire first reported the news, citing anonymous sources close to the deal. TechCrunch also reported the acquisition. Both quote an Apple statement indicating the tech giant has purchased the company. … Continue reading “Report: Seattle Machine Learning Star Turi Acquired by Apple”
Seattle Week in Review: Up in the Sky, It’s Prime Air and Blue Angels
The U.S. Navy’s Blue Angels—and Amazon Prime Air—are rumbling the (currently) blue Seattle skies and the Thunder Boats are ready to rip around Lake Washington. It’s Seafair Weekend, Seattle’s annual celebration of speed and noise. Meanwhile, in this edition of Xconomy Seattle’s Week in Review, we’re reading a new report on U.S. venture investing trends … Continue reading “Seattle Week in Review: Up in the Sky, It’s Prime Air and Blue Angels”
Biotech Roundup: Biogen Rumors, Theranos, Electro-Drugs & More
Biogen was once again all over the biotech newswire this week. First came a positive surprise; data that could set the stage for the first-ever drug approved for spinal muscular atrophy, a rare and debilitating muscle disease. Then came the rumor mill: Companies may or may not be approaching Biogen about a sale, and Biogen … Continue reading “Biotech Roundup: Biogen Rumors, Theranos, Electro-Drugs & More”
Why Teenagers Make Great Entrepreneurs
What is the ideal age to start a company? It’s a question that often circulates in the business press and on tech blogs. Entrepreneurs and venture capitalists have weighed in from time to time and their answers tend to fall into two camps. The first group advocates for the 20s as the optimal time. That’s … Continue reading “Why Teenagers Make Great Entrepreneurs”
Coding Dojo Takes Its Software Bootcamp Courses to Campus
Coding Dojo, which runs software development bootcamps in San Jose, Seattle, and other cities, will be offering some of its programming courses at Bellevue College near Seattle this fall in what it hopes will be the first of several college partnerships. Coding Dojo instructors will go on-campus evenings and weekends at the large public college … Continue reading “Coding Dojo Takes Its Software Bootcamp Courses to Campus”
Trump’s Wall, Remittances, and Immigration in Washington
Donald Trump plans to finance construction of a wall on the U.S.-Mexico border by holding hostage money sent home by undocumented Mexican immigrants until their government agrees to pay for it. The Republican presidential nominee’s written plan would require money transfer companies—such as Seattle-based remittances startup Remitly—to verify the lawful residency of anyone seeking to … Continue reading “Trump’s Wall, Remittances, and Immigration in Washington”
Pawn Shops Finally Go Digital, Helping Underbanked Find Quick Cash
In May and June, the financial industries that serve low-income Americans began to change in big ways. First, the Consumer Financial Protection Bureau proposed new rules for payday lenders. The first banned lenders from withdrawing money directly from their customers’ bank accounts, while the second restricted their ability to lend by imposing credit limits. Then … Continue reading “Pawn Shops Finally Go Digital, Helping Underbanked Find Quick Cash”
Glowforge Secures $22,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fb571f4c-fa06-47e7-9f96-849e1d8f2cac Date 8/3/2016 Company Name Glowforge Mailing Address 2944 1st Avenue South Seattle, WA 98134 USA Company Description Glowforge is a 3D laser printer: a new desktop tool that uses laser cutter/engraver technology to shape wood, leather, fabric & more at an amazing price. Website http://www.glowforge.com Transaction Type Venture Equity Transaction Amount … Continue reading “Glowforge Secures $22,000,000 Series B Funding Round”
Look Beyond Football to Fight Concussions
The New York Times reported last week that the NFL and USA Football had publicized inaccurate statistics about the efficacy of a training program called Heads Up Football in preventing concussions in youth football players. Officials at USA Football had to concede that they did not review the data from the study carefully and did not … Continue reading “Look Beyond Football to Fight Concussions”
PacketSled Raises $5M for Automated Cybersecurity Monitoring System
PacketSled, a cybersecurity startup based in suburban San Diego, has raised $5 million in a Series A funding round led by Keshif Ventures, a local angel investment fund that has put money into dozens of tech startups in the San Diego area. Two other small funds, Blu Ventures and JHS Ventures joined in the round. … Continue reading “PacketSled Raises $5M for Automated Cybersecurity Monitoring System”
Glowforge Raises $22M to Grow Laser Cutter Business
Glowforge, the Seattle company that raked in $27.9 million in pre-orders for its consumer-grade laser cutter and engraver, has raised $22 million in venture capital. The Series B investment, announced Monday, was led by Foundry Group and True Ventures, co-leaders of the company’s $9 million Series A funding round in May 2015. Glowforge is taking … Continue reading “Glowforge Raises $22M to Grow Laser Cutter Business”
Gaining an Edge: Understanding Cyber Risk Appetite
Not long ago, companies prepared for cyber risks the way they might for a hurricane, flood, or other disaster situation: Brace for the worst, and hope for the best. Those days are over. Security breaches across industries have put cyber squarely on everybody’s risk agenda. But while they’re taking cyber threats seriously, many companies are … Continue reading “Gaining an Edge: Understanding Cyber Risk Appetite”
Seattle Week in Review: Watching History at the DNC, and Dick’s Drive-In
It was an historic week, and, with the end of the two major parties’ conventions, perhaps time for a summer break from politics? (Not likely.) We’re reviewing a few tech-related highlights of Hillary Clinton’s acceptance speech, as well as local tech news from Washington State University, which is expanding computer science programs; a new role … Continue reading “Seattle Week in Review: Watching History at the DNC, and Dick’s Drive-In”
The Future of Human-Robot Interaction
How will humans and machines work together in the future? Will social robots be nothing more than robotic digital assistants like those on smartphones, or are there new opportunities and challenges when we put an AI brain into a robotic body? What are the risks and ethics around AI systems? Those were some of the … Continue reading “The Future of Human-Robot Interaction”
Biotech Roundup: Gilead Slump, Celgene Goes Trump, Hemo Data & More
Quarterly biopharma earnings added a little heat to the already high summer temperatures. Amongst several companies to report this week, the biggest news came from Gilead Sciences (NASDAQ: [[ticker:GILD]]), whose hepatitis C drugs have become some of the top revenue producers in the industry. But the company said this week that sales of Sovaldi and … Continue reading “Biotech Roundup: Gilead Slump, Celgene Goes Trump, Hemo Data & More”
At Big Hemophilia Meeting, More Data, and Promise, For Gene Therapy
This week’s World Federation of Hemophilia World Congress in Orlando, FL, where researchers gathered to present the latest updates in treatments for the chronic bleeding disorder, marked the latest step in a journey that dates back more than two decades for one particular treatment: gene therapy. Gene therapy provides the potential of a long-term treatment … Continue reading “At Big Hemophilia Meeting, More Data, and Promise, For Gene Therapy”
Opanga Networks Secures $1,465,517 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f2284687-3b2b-4829-9642-462b907882fe Date 7/28/2016 Company Name Opanga Networks Mailing Address 100 S King St. Seattle, WA 98104 USA Company Description Opanga Networks, Inc is a privately held company based in Seattle, Washington. As the leading innovator of pragmatic video optimization solutions Opanga overhauls the mobile video experience for consumers while substantially improving network … Continue reading “Opanga Networks Secures $1,465,517 New Financing Round”
How Richard Branson and Snoop Dogg Use Social Media Vs. Social Unrest
Last month, I spent a week on Necker Island, where Richard Branson and a bunch of entrepreneurs were discussing how we could help address political upheavals, intolerance, violence, social inequality, and other issues. It’s almost like we’re in a war right now. Nations are split in half. On one side you have citizens who want … Continue reading “How Richard Branson and Snoop Dogg Use Social Media Vs. Social Unrest”
Reflect Technologies Secures $2,500,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=56a5ed79-983e-4e09-9753-d650940d242e Date 7/27/2016 Company Name Reflect Technologies Mailing Address PO Box 4120 Portland, OR 97208 USA Company Description Reflect is the data visualization platform for developers. Our building blocks make it easy to add data visualization to any web or mobile application in minutes. We handle all of the hard parts so … Continue reading “Reflect Technologies Secures $2,500,000 Seed Financing”
Clinton Versus Trump: Who’s Stronger on Innovation?
With the Republican National Convention behind us and the Democratic convention in full swing, it seems like a good moment to ask how a Donald Trump presidency or a Hillary Clinton presidency might affect the prospects for high-tech entrepreneurship and business growth in the United States. At this stage, both candidates have given major economic … Continue reading “Clinton Versus Trump: Who’s Stronger on Innovation?”
Just Biotherapeutics Secures $14,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=57b5a297-d22b-473a-958e-da0d5c0ac83b Date 7/26/2016 Company Name Just Biotherapeutics Mailing Address 401 Terry Avenue North Seattle, WA 98109 USA Company Description Just is an integrated design company focused on the technology of biotherapeutics, from molecule to manufacturing plant. We believe that technological innovation will accelerate biotherapeutic development and dramatically reduce the cost of these … Continue reading “Just Biotherapeutics Secures $14,000,000 Series A Funding”
The Outbreaks Are Here, Where’s Our Response Plan?
The news of the first Zika case in Pierce County—the 14th in Washington State—reminds us that the spread of disease is inevitable. While we don’t have in our region the kind of mosquito that transmits Zika, the latest infected patient returned from a visit to Puerto Rico. Thanks to modern travel, whether by mosquitoes or … Continue reading “The Outbreaks Are Here, Where’s Our Response Plan?”