Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2f14a20f-02e0-4b53-b890-2c1c815fd89f Date 11/11/2015 Company Name Aminex Therapeutics Mailing Address 11335 NE 122nd Way Kirkland, WA 98034 USA Company Description Aminex Therapeutics, Inc., is a drug development company focused on discovery, development, and commercialization of a new subclass of cancer immunotherapies known as suppressor cell modulators (SCMs). Website http://www.aminextx.com Transaction Type Venture Equity … Continue reading “Aminex Therapeutics Obtains $4,000,000 Series A Funding Round”
Category: Seattle
Mpirica Health Secures $400,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=693a1082-0f18-4dcc-be31-61ee804d9597 Date 11/11/2015 Company Name Mpirica Health Mailing Address 2375 130th Ave NE Bellevue, WA 98005 USA Company Description With MPIRICA Enterprise, employers who have self-funded health plans can save money on healthcare costs by steering their workers toward high-quality, fair priced providers. Website http://www.mpirica.com Transaction Type Venture Equity Transaction Amount $400,000 … Continue reading “Mpirica Health Secures $400,000 New Financing”
Broomly Obtains $1,300,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b6fcb583-e77c-4b4b-ad81-ff6cca3e081f Date 11/11/2015 Company Name Broomly Mailing Address Undisclosed Austin, TX 98258 USA Company Description All your home needs at a touch of a button. Conveniently book and manage all of your appointments with our app. Website http://www.broomly.com Transaction Type Venture Equity Transaction Amount $1,300,000 Transaction Round Seed Proceeds Purposes The company … Continue reading “Broomly Obtains $1,300,000 Seed Funding Round”
Idea Behind Warp Drive’s New Cancer Attack Was Hiding In Plain Sight
[Corrected, 11/12/15, 4:17pm. See below.] The way pharmaceuticals work is often described as keys fitting locks. A drug goes into the body and finds its target because it matches up with a small stretch of biological material within cells or on their surface. But there are all kinds of biological doors which have no locks—no … Continue reading “Idea Behind Warp Drive’s New Cancer Attack Was Hiding In Plain Sight”
Milestones of Innovation 11: Blackouts and the Safety of the Grid
While we party upstairs in our micro-age of whirling electrons and dancing apps, there’s some rumbling down in the basement. In a new book called Lights Out, the television journalist Ted Koppel has been reminding us to be very worried about the reliability of one of the central innovations of modernity. He’s talking about our … Continue reading “Milestones of Innovation 11: Blackouts and the Safety of the Grid”
West Coast Biotech Roundup: KaloBios, Atreca, Acadia, Twist & More
There were drips and drabs of news out west this week, but compared to recent weeks with former Silicon Valley darling Theranos taking a beating, or 23andMe revving its engines, it’s been sleepy. The big exceptions come in the form of two Bay Area companies going in opposite directions. The big green blinking arrow pointing … Continue reading “West Coast Biotech Roundup: KaloBios, Atreca, Acadia, Twist & More”
Seven Major Cancer Centers To Pool Patients’ Gene, Health Data
Here and there, the genetic information of a cancer patient has helped a doctor find that person the right drug or steer her away from the wrong one. But the use of genetic knowledge to improve people’s health is in its infancy. That’s why seven major cancer treatment centers in North America and Europe are … Continue reading “Seven Major Cancer Centers To Pool Patients’ Gene, Health Data”
Four Strategies for Startups to Finish the Year Strong
It’s that time of the year again. While many are looking forward to the holiday season and counting down to the end of the year, businesses are engaged in the planning process for next year. No matter the size of your business, now is a great time to reflect on the past year, evaluate what … Continue reading “Four Strategies for Startups to Finish the Year Strong”
To Be or Not To Be An Equity Crowdfunding Portal?
After the pioneering crowdfunding sites Indiegogo and Kickstarter set up shop roughly seven years ago, other entrepreneurs were saying, “Why didn’t I think of that?” Those fundraising platforms quickly scaled up, offering inventors, artists, and others an online meeting place where they could appeal for contributions to get their projects off the ground. The fundraising … Continue reading “To Be or Not To Be An Equity Crowdfunding Portal?”
Artificial Intelligence, Today and in 2035, Still Not Human-Level Smart
Computers are a long way from possessing human-level smarts, but they are doing increasingly useful things with technologies that form the building blocks of artificial intelligence, and by 2035, they’ll be driving our cars, at least sometimes. So says Oren Etzioni, CEO of the Allen Institute for Artificial Intelligence (AI2).”My contention is that human-level intelligence … Continue reading “Artificial Intelligence, Today and in 2035, Still Not Human-Level Smart”
Recurrence Garners $300,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=79b99657-4d6d-4b53-aee7-9a8371d31cb5 Date 11/5/2015 Company Name Recurrence Mailing Address 10815 115th Ct. NE Kirkland, WA 98033 USA Company Description Our goal is to get these new types of simulations out there, and we want to work with innovative business schools to do it. As of 2013, 97% of students undergraduate age or younger … Continue reading “Recurrence Garners $300,000 New Financing”
OfferUp Secures $90,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=72ed57cf-b726-4acc-b9f1-c8dab3f67f5b Date 11/5/2015 Company Name OfferUp Mailing Address 1715 114th Ave SE Bellevue, WA 98004 USA Company Description OfferUp is changing how people buy and sell locally by making it as easy as taking and sharing a photo from your phone. We are not just about connecting buyers and sellers; we are … Continue reading “OfferUp Secures $90,000,000 New Funding”
Sirqul Lands $5,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c5edc264-921e-4d48-b14a-e3f802cc63cb Date 11/5/2015 Company Name Sirqul Mailing Address 81 Vine Street Seattle, WA 98121 USA Company Description Headquartered in Seattle, WA, Sirqul was founded by Robert Frederick, one of the original technical founders of Amazon Anywhere (Amazon’s first foray into Secure Mobile Commerce) and Amazon Web Services (AWS). The Sirqul app suite … Continue reading “Sirqul Lands $5,000,000 Series A Funding Round”
Expedia Buys Austin’s HomeAway for $3.9B
HomeAway, the provider of an online marketplace for vacation rentals, has sold to Expedia for $3.9 billion in cash and Expedia stock, the third multibillion-dollar deal involving an Austin, TX, company this fall. Seattle-based Expedia set HomeAway (NASDAQ: [[ticker:AWAY]]) in its sights because it has been seeking a way to enter the “alternative accommodations” sector … Continue reading “Expedia Buys Austin’s HomeAway for $3.9B”
Madrona Doubles Down on Venture Labs, Taps Fridgen as CEO
Madrona Venture Group likes the “startup studio” model it inaugurated 18 months ago so much that it not only backed a similar effort outside its walls, but is now doubling the staff of its own Madrona Venture Labs, under the new leadership of serial entrepreneur Mike Fridgen. Fridgen, who has been heavily involved with three … Continue reading “Madrona Doubles Down on Venture Labs, Taps Fridgen as CEO”
OfferUp Raises $90M for Mobile, Local Craigslist Killer
OfferUp, a mobile-first marketplace for buying and selling things locally, revealed that it has raised $90 million in total funding, including a $73 million round earlier this year, and is conducting billions of dollars in transactions. A would-be Craigslist killer, or at least a formidable competitor, Bellevue, WA-based OfferUp has been scrupulously quiet as it … Continue reading “OfferUp Raises $90M for Mobile, Local Craigslist Killer”
SCI Solutions Acquires Clarity Health for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4d34dda0-88aa-406f-9922-8ade2114c8d1 Date 11/4/2015 Company Name Clarity Health Mailing Address 811 First Avenue Seattle, WA 98104 USA Company Description For four years Clarity Health has successfully handled hundreds of thousands of referrals between hundreds of physician practices and the ancillary services and hospital systems that receive and treat their patients. As a result … Continue reading “SCI Solutions Acquires Clarity Health for Undisclosed Sum”
Even With New Crowdfunding Rules, No Easy Path Forward For Biotechs
[Corrected 11/3/15, 1:18pm. See below.] As Xconomy reported Friday, the U.S. Securities and Exchange Commission has finally filled in the missing pieces in the equity crowdfunding puzzle, giving private startups clearer rules about selling equity to the investor masses through Internet portals. In her opening remarks before the SEC commissioners voted 3-1 to approve nationwide … Continue reading “Even With New Crowdfunding Rules, No Easy Path Forward For Biotechs”
Seattle 2035: A Glimpse of the Future of Innovation
Self-driving cars. Conferences you attend virtually. People visiting outer space for tourism and work. A denser Seattle, perhaps one with ultra energy efficient buildings and sophisticated aquaponic systems for growing food in the city. These were just some of the visions that emerged from Xconomy’s conference on the future of our regional innovation ecosystem, Seattle 2035. In … Continue reading “Seattle 2035: A Glimpse of the Future of Innovation”
What’s Next for Storage?
The evolution of business technology is constant, but not uniform. Sometimes the changes are revolutionary, such as the word processor replacing the typewriter or the 1991 debut of the World Wide Web. Other changes are iterative, such as new versions of word processing software or Web browsers. After decades of only experiencing iterative changes, the … Continue reading “What’s Next for Storage?”
At Long Last, SEC Provides Final Equity Crowdfunding Rules
[Corrected 11/2/15, 12:30 pm. See below.] Mom and Pop, you can now buy shares in the bakery down the street, or in your son’s girlfriend’s sister’s tech startup. That, in effect, was the message the U.S. Securities and Exchange Commission sent today, voting to give retail investors the right to buy shares in tiny private … Continue reading “At Long Last, SEC Provides Final Equity Crowdfunding Rules”
West Coast Biotech Roundup: Arena, Frazier, Kura, and Theranos
Palo Alto, CA-based Theranos continued its counter-offensive this week, as the private medical laboratory services company sought to rebut questions The Wall Street Journal has raised about the accuracy and reliability of its diagnostic technology. After appearing last week at the Wall Street Journal Digital Live conference in Laguna Beach, CA, Theranos chairwoman and CEO … Continue reading “West Coast Biotech Roundup: Arena, Frazier, Kura, and Theranos”
Umbra Obtains $3,400,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=34192b60-a9ea-4efb-824d-32d2aa26e2ab Date 10/30/2015 Company Name Umbra Mailing Address 130 Nickerson Seattle , WA 98109 USA Company Description Umbra’s new technology is built upon the company’s existing 3D visibility solution which increases rendering performance of applications by processing only the content that is visible to the user. The current software has been successfully … Continue reading “Umbra Obtains $3,400,000 Series A Funding Round”
SignalSense Receives $4,500,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd1c1360-01a6-42dc-84e6-d272e5135da2 Date 10/30/2015 Company Name SignalSense Mailing Address 1501 4th Ave. Seattle, WA 98101 USA Company Description SignalSense fundamentally believes in the need for a new approach to information security. It’s clear that existing practices are not working, and the consequences of security breaches for businesses and society at large are enormous … Continue reading “SignalSense Receives $4,500,000 Seed Financing”
Join Us Friday at Seattle 2035 to Talk About the Future
Seattle 2035, Xconomy’s exploration of the Seattle area’s long-term future, kicks off tomorrow morning at Northeastern University’s South Lake Union campus. There’s still time to grab a ticket to this day-long conversation with the leading innovators, entrepreneurs, researchers, and investors building the technologies and businesses that could become pillars of our region’s innovation economy in … Continue reading “Join Us Friday at Seattle 2035 to Talk About the Future”
Venture Veterans Frazier Commit New $262M Fund To Biopharma Bets
Whether the unprecedented biotech boom has undergone a slight correction or is shuffling toward bear territory, veteran venture group Frazier Healthcare Partners has a new pool of cash to invest. The firm says it has closed on a $262 million fund that it will begin to deploy in 2016, but with a twist on its … Continue reading “Venture Veterans Frazier Commit New $262M Fund To Biopharma Bets”
Envelop VR Raises $4M in Seattle’s Revved Up Immersive Tech Cluster
Imagine donning a headset that transforms your office from a drab cubicle to a mountain top, with virtual screens floating all around you. You can move them into view with a click, or eventually a gesture. Or you can just turn your head. You can invite in colleagues on another floor or another continent. You can … Continue reading “Envelop VR Raises $4M in Seattle’s Revved Up Immersive Tech Cluster”
Techstars Seattle Startups Do Demo Day Twice
In the midst of its annual celebration of all-things startup, Seattle tech investors and supporters heard from 11 well-polished new companies—some already gaining significant momentum—graduating from the Techstars program on Tuesday. The startups in the 2015 Techstars Seattle class are tackling everything from candy to cloud security. Managing director Chris DeVore calls it one of … Continue reading “Techstars Seattle Startups Do Demo Day Twice”
Convoy Secures $2,500,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6aceaf66-2d11-4fe0-a003-f6209ecb9576 Date 10/28/2015 Company Name Convoy Mailing Address 1700 7th Ave. Seattle, WA 98101 USA Company Description Convoy is the easiest way to book local and regional trucks on demand. We back up every shipment with outstanding customer service and the latest technology, all for free. Website http://www.convoy.com Transaction Type Venture Equity … Continue reading “Convoy Secures $2,500,000 Seed Funding”
Envelop VR Obtains $4,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=315ba462-b63a-48d4-9860-ea893a426547 Date 10/28/2015 Company Name Envelop VR Mailing Address 411 – 108th Avenue NE Bellevue, WA 98004 USA Company Description Envelop VR builds software that enables people to create, work and play in virtual reality. Founded in 2014, Envelop VR is creating productivity and enterprise software that enables businesses and consumers to … Continue reading “Envelop VR Obtains $4,000,000 Series A Funding Round”
Seattle Roundup: Outreach, Salesforce, Remitly, Pyramid, & More
[Corrected 10/27/15, 9:54 am. See below.] Cloud-based customer relationship management software giant Salesforce is beefing up its presence in the region. Meanwhile, sales software upstart Outreach is raising $9.2 million for what it calls a faster, more efficient approach to selling. Read on for details on these stories, as well as a big new market for … Continue reading “Seattle Roundup: Outreach, Salesforce, Remitly, Pyramid, & More”
Outreach Secures $9,200,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4689a8fe-c634-4d1e-9dc0-3dd27414bfe7 Date 10/27/2015 Company Name Outreach Mailing Address 3417 Fremont Ave N. Seattle, WA 98103 USA Company Description Outreach is the only system intelligent enough to know exactly who needs a follow-up and when they need it, helping you outperform your sales goals. Website http://www.outreach.io Transaction Type Venture Equity Transaction Amount $9,200,000 … Continue reading “Outreach Secures $9,200,000 Series A Financing”
Seattle 2035 Reading List: Stories to Get You Ready for Friday
We’re four days away from Seattle 2035, Xconomy’s exploration of the future of our region’s innovation economy. The topics, companies, and individuals we will focus on at this unique event are very much in the news. We’ve highlighted a handful of stories to get you primed for an interactive discussion on everything from artificial intelligence … Continue reading “Seattle 2035 Reading List: Stories to Get You Ready for Friday”
Washington Tech Industry Weighs Approaches to Improving Diversity
Seattle and its booming tech industry are grappling with how to ensure that the prosperity being created here can be shared by minority groups that have been under-represented in the field. A new report—or “playbook”—from the Washington Technology Industry Association indicates widespread concern about the tech industry’s poor showing on diversity, and the racial and economic … Continue reading “Washington Tech Industry Weighs Approaches to Improving Diversity”
Skills Fund Aims to Be Accreditor, and Creditor for Coding Schools
The creation of Skills Fund, the Austin, TX-based startup that makes loans to people enrolling in coding and Web development bootcamps, started with two ideas. The first is that students should have access to loans that are easy to understand and that state the terms of the loan—such as knowing exactly what interest rate they will … Continue reading “Skills Fund Aims to Be Accreditor, and Creditor for Coding Schools”
West Coast Bio Roundup: Theranos, 23andMe, Invitae, Gritstone, Etc.
Biotech executives and investors gathered in San Francisco this week to size one another up, schmooze, and eat rubber chicken lunches—although the vegetarian ravioli option wasn’t bad. It was the best-attended of the 14 BioInvestor Forums (Fora?) so far, according to its organizers. It certainly beat the 2011 version, which featured creative room-remodeling to hide … Continue reading “West Coast Bio Roundup: Theranos, 23andMe, Invitae, Gritstone, Etc.”
Seattle 2035: New Specials Added
We’re in the final countdown to Seattle 2035, and we are looking forward to hosting attendees and industry experts for insightful panel discussions and networking sessions. We’ve added a new Halloween Special rate, and morning and afternoon specials for people who can’t attend the full conference. Register before midnight on October 29th to save $70 … Continue reading “Seattle 2035: New Specials Added”
Pyramid Analytics Lands $30,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bac24449-e0b1-464e-97db-4a5aee8a6216 Date 10/22/2015 Company Name Pyramid Analytics Mailing Address 2018 156th Ave NE Bldg F Seattle, WA 98007 USA Company Description Pyramid aims to deliver a BI platform that provides business users with the tools needed to gain insights about their business in a way that is natural, does not require any … Continue reading “Pyramid Analytics Lands $30,000,000 New Financing Round”
Back to the Future of Innovation: Seattle 2035 Coming Oct. 30
Back to the Future II, released in 1989, sent Marty McFly and Dr. Emmett Brown to Oct. 21, 2015—which happens to be today. On Oct. 30, Xconomy is setting its DeLorean time machine for the year 2035 to explore the future of Seattle’s innovation economy. Hop in. The Internet is abuzz with Back to the … Continue reading “Back to the Future of Innovation: Seattle 2035 Coming Oct. 30”
Planetary Resources Lands $12,233,209 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=403a3b60-1774-49d6-b611-a8974cad83ea Date 10/21/2015 Company Name Planetary Resources Mailing Address 6742 185th Street Redmond, WA 98052 USA Company Description Planetary Resources is establishing a new paradigm for resource discovery and utilization that will bring the solar system into humanity’s sphere of influence. Our technical principals boast extensive experience in all phases of robotic … Continue reading “Planetary Resources Lands $12,233,209 New Funding”
Seattle 2035: Startups Share your Predictions for Free Admission
Thanks to our generous sponsors, Xconomy is able to provide complimentary tickets to a number of startups for the Seattle 2035 conference on October 30 at Northeastern University-Seattle. In exchange for these tickets, we’re asking entrepreneurs to share their predictions for how Seattle might look in decades to come. We still have a few of these … Continue reading “Seattle 2035: Startups Share your Predictions for Free Admission”
What’s Your DNA Worth? The Scramble To Cash In On the Genome
The consumer genome. You’ll hear that phrase enough the next couple years that it will gain both the weight and lightness of inevitability. It will feel inevitable because, as we’ve been hearing for years now, DNA is just another long string of crunchable, malleable, transportable code, so it’s just the next destination for the digital … Continue reading “What’s Your DNA Worth? The Scramble To Cash In On the Genome”
ROOY Obtains $3,400,000 Seed Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=09a2d5b9-ddcb-46c7-9b45-b775e1401c43 Date 10/20/2015 Company Name ROOY Mailing Address 500 Yale Ave North Seattle, WA 98109 USA Company Description Partner with Rooy to bring shoe designs to life. The perfect shoe concept becomes a reality. Gain insight from the Rooy design team and valuable community feedback from Rooy’s community. Rooy provides full logistics … Continue reading “ROOY Obtains $3,400,000 Seed Financing Round”
As SEC Mulls Equity Crowdfunding, CA Entrepreneurs Test Other Options
California is one of the dominant U.S. producers of fruits, nuts, vegetables—and tech startups. In the Silicon Valley, the startups sprouting up each season are nurtured by a host of accelerators and incubators as well as VCs and angel investors providing seed funding. That still leaves some startups hungry for cash, but California is not … Continue reading “As SEC Mulls Equity Crowdfunding, CA Entrepreneurs Test Other Options”
Discovery Over Dogma at Today’s Innovative University
There’s a rich and often controversial conversation going on right now about the role that colleges and universities should play in preparing students—and our society—for the future. One of the most provocative voices in this discussion belongs to David Brooks, the always-thoughtful and always sensitive columnist for The New York Times. Recently, Brooks advanced the … Continue reading “Discovery Over Dogma at Today’s Innovative University”
Utrip Secures $325,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b6530931-1eb2-4916-bf06-59ea22b49cb3 Date 10/19/2015 Company Name Utrip Mailing Address 530 4th Ave West Seattle, WA 98119 USA Company Description Utrip is a free travel planning site that brings together the best in artificial intelligence and human experience, making it easy for travelers to create their perfect trip quickly. Website http://www.utrip.com Transaction Type Debt … Continue reading “Utrip Secures $325,000 New Financing”
Faira Lands $1,400,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=027eefb6-6ea2-4729-8374-af6601f48b11 Date 10/19/2015 Company Name Faira Mailing Address 608 State St S. Kirkland, WA 98034 USA Company Description Faira organizes the home inspection, appraisal and title report for the seller’s listing. That means that potential buyers can make their best offer while fully informed. Because of this transparency we can all avoid … Continue reading “Faira Lands $1,400,000 New Funding Round”
Seattle Roundup: Simply Measured, Keiretsu + ZINO, Fledge, & More
Catching up this week on another acquisition by Simply Measured, a tie-up of two Northwest angel investing groups, a milestone for “conscious company incubator” Fledge, funding for mobile app developer AppSheet, a new technology licensing program from NASA, and news from Spaceflight, Allrecipes, and Impinj. Details: —Simply Measured, a Seattle-based social media analytics company, made … Continue reading “Seattle Roundup: Simply Measured, Keiretsu + ZINO, Fledge, & More”
Retaking Control of the Hotel Digital Experience
The digital entertainment landscape is constantly changing and the rapid adoption of mobile devices coupled with cloud-based platforms has revolutionized how people consume TV. This has led to significant challenges, particularly in the hospitality industry where companies are struggling to adapt to the changing demands of their consumers. But with change comes opportunity. The ability … Continue reading “Retaking Control of the Hotel Digital Experience”
Q3 Venture Funding Surges Near Record Levels, and Top 10 Deals
Buoyed by some giant deals, venture capital continues to flow at near-record levels in 2015, according to just-released data from two nationwide surveys that track quarterly VC activity. While the $16.3 billion that venture firms put into 1,070 deals in the third quarter was down a notch from the previous quarter, according to the MoneyTree … Continue reading “Q3 Venture Funding Surges Near Record Levels, and Top 10 Deals”