Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0b48d2e7-a9e5-458f-80fc-e23101baef29 Date 9/10/2013 Company Name Versium Analytics Mailing Address 7530 164th Ave NE Redmond, WA 98052 Company Description Versium Has Assembled Literally Billions Of Attribute Data Points On Over 240 Million Consumers And 20 Million Businesses. Website http://www.versium.com Transaction Type Venture Equity Transaction Amount $2,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Versium Analytics Garners $2,500,000 New Funding”
Category: Seattle
NanoString Wins FDA Approval of Breast Cancer Diagnostic Test
NanoString Technologies got started in the diagnostics business in Europe about six months ago, and now it’s gotten the go-ahead from regulators in the U.S. The Seattle-based company (NASDAQ: [[ticker:NSTG]]) said today it has been cleared by the FDA to market its Prosigna test in the U.S. The test is designed to provide doctors and … Continue reading “NanoString Wins FDA Approval of Breast Cancer Diagnostic Test”
Are Some Degrees Better than Others for Big Pharma Leaders?
Biopharmaceutical companies are under a great deal of financial pressure these days, and many are tinkering with long established business models. There can be no doubt that the industry is in flux as a result of pricing pressures from insurance companies, changing patent regulations and expirations, healthcare reform, and an increased focus on proving significant … Continue reading “Are Some Degrees Better than Others for Big Pharma Leaders?”
Which VCs Are Poised to Profit From the Biotech IPO Boom?
Biotech venture capitalists, as a group, haven’t had much to cheer about the past few years. But this is shaping up to be the year the storyline changes, thanks to the ripple effect from the biotech IPO class of 2013. The story of biotech venture capital over the past few years, as many readers know … Continue reading “Which VCs Are Poised to Profit From the Biotech IPO Boom?”
Stratos Genomics Receives $2,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8c9d8906-8439-468d-92d4-4b4da135a56e Date 9/9/2013 Company Name Stratos Genomics Mailing Address 2401 Elliott Ave. 5th Floor Seattle, WA 98121 Company Description Stratos Genomics mission is to establish the next gold standard of DNA sequencing with its flagship Sequencing by Expansion (SBX) method. SBX is a simple, elegant, single-molecule detection process that circumvents the limitations … Continue reading “Stratos Genomics Receives $2,000,000 New Financing Round”
EBay Buys Price-Predicting Startup Decide, Adds to Seattle Office
Updated 11:35 am Pacific One of Seattle’s best-pedigreed tech startups is joining a big name in the industry. Decide, a price-forecasting service formed by veterans of the Farecast team, has been acquired by online shopping giant eBay for an undisclosed sum. Decide’s team “will be making the move to eBay’s new Seattle-area offices,” CEO Mike … Continue reading “EBay Buys Price-Predicting Startup Decide, Adds to Seattle Office”
Get Your Own Personal NPR Station with Swell
We’ve hit the time of year dreaded by all public radio fans: pledge drive season, when stations hold your favorite NPR and American Public Media programs hostage until enough listeners pay up. Until recently, there’s only been one way around this semiannual torture ritual, and it’s only been available to listeners of KQED here in … Continue reading “Get Your Own Personal NPR Station with Swell”
Front Desk Receives $3,200,000 Seed Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f0d46d9d-4711-413d-89da-c909217b2c3e Date 9/6/2013 Company Name Front Desk Mailing Address 506 2nd Ave Seattle, WA 98112 Company Description Two years ago, we looked at the existing software used to manage the gyms we own and work out in. We wanted to improve and extend some of these popular solutions. Website http://www.frontdeskhq.com Transaction Type … Continue reading “Front Desk Receives $3,200,000 Seed Financing Round”
eBay Acquires Decide.com for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aac9af03-afa2-4887-a430-53a44a846042 Date 9/6/2013 Company Name Decide.com Mailing Address 200 W Mercer Street Seattle, WA 98119 Company Description The company is developing a new online shopping service. Website http://www.decide.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed by the parties.
5 Things Biotechs Should Do to Take Advantage of The Boom
We are currently enjoying a much needed resurgence in the biotechnology industry. The industry has been the best performing sector in the stock market for the last two years and it appears it will be again this year. This performance has enabled companies to raise capital, either publicly or privately, in record amounts. We expect … Continue reading “5 Things Biotechs Should Do to Take Advantage of The Boom”
Paydici Garners $3,027,575 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=83709b88-9ed8-4c7a-b92b-224a2de726f7 Date 9/5/2013 Company Name Paydici Mailing Address 505 NW Couch Portland, OR 97209 Company Description Improving your billing relationship with your customers will lead to healthier and more profitable long-term business relationships down the road. The truth is, businesses of all kinds struggle with billing their customers, accepting payments, and offering … Continue reading “Paydici Garners $3,027,575 New Funding”
iMove Secures $427,049 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d48c401a-eefc-44f0-bdd5-27c3bbf45037 Date 9/5/2013 Company Name iMove Mailing Address 1732 NW Quimby Portland, OR 97209 Company Description iMove is a leading provider of immersive video solutions for the military, intelligence and critical infrastructure marketplace. Based in Portland, Oregon, iMove patented technology is leading the revolution in high resolution wide area immersive video for … Continue reading “iMove Secures $427,049 New Funding Round”
Paul Allen Hires Oren Etzioni for New Artificial Intelligence Push
Paul Allen has tapped one of Seattle’s foremost professor-entrepreneurs to lead an ambitious new institute tasked with expanding the frontiers of artificial intelligence research. Dr. Oren Etzioni, a professor in the University of Washington Computer Science Department for more than two decades with a half dozen successful startup companies to his credit, began this week … Continue reading “Paul Allen Hires Oren Etzioni for New Artificial Intelligence Push”
Platform Ecosystems in Big Data
I have written about the platform eco-system trend in technology recently. To recap, a business that has been gaining ground in the tech world is the technology platform developer network model, wherein large numbers of developers can use the platform to build their businesses cost-effectively without the handicap of huge infrastructure expenditure. Some of the … Continue reading “Platform Ecosystems in Big Data”
Seedfuse Garners $118,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=18f22987-6226-4f24-bce9-ad29b083233a Date 9/4/2013 Company Name Seedfuse Mailing Address 22525 SE 64th Place Issaquah, WA 98027 Company Description youSitter is a way for you to exchange babysitting with your friends. Simply login with Facebook and send a request to your friends. youSitter smartly identifies friends who are parents. Once your friend accepts the … Continue reading “Seedfuse Garners $118,000 New Funding Round”
Seedfuse Secures $118,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=18f22987-6226-4f24-bce9-ad29b083233a Date 9/4/2013 Company Name Seedfuse Mailing Address 22525 SE 64th Place Issaquah, WA 98027 Company Description youSitter is a way for you to exchange babysitting with your friends. Simply login with Facebook and send a request to your friends. youSitter smartly identifies friends who are parents. Once your friend accepts the … Continue reading “Seedfuse Secures $118,000 New Financing”
PaperShare Garners $600,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=45a0e292-9f60-435d-9a3b-d7a10d578c56 Date 9/4/2013 Company Name PaperShare Mailing Address 303 Parkplace Center Kirkland, WA 98033 Company Description PaperShare connects you with the best business & technical information, people and companies in your industry. Quickly find and share documents, presentations, articles, videos and apps related to your specific area of interest – and then … Continue reading “PaperShare Garners $600,000 New Financing”
Dan Shapiro Builds a Board Game to Teach 3-Year-Olds Programming
In an era of ubiquitous digital devices, can an analog board game teach a preschooler to program? It can certainly get them started in the right direction, says Dan Shapiro, the Seattle serial entrepreneur and father of twin four-and-three-quarters-year-olds, who spent the summer making a game called Robot Turtles. He launched a Kickstarter campaign today … Continue reading “Dan Shapiro Builds a Board Game to Teach 3-Year-Olds Programming”
Microsoft Buys Nokia Smartphone Unit, Elop Returns as Executive
Turns out the Steve Ballmer retirement was just one of the big changes at Microsoft. Now, the software giant is making a bigger bet on producing its own hardware by buying the smartphone business of Finnish handset manufacturer Nokia for about $7.2 billion. Microsoft is paying for the deal with cash it has stowed overseas. … Continue reading “Microsoft Buys Nokia Smartphone Unit, Elop Returns as Executive”
Former Dendreon CEO and Dendreon Bull Start New Biotech Hedge Fund
Mitch Gold made a lot of money as the CEO of Dendreon (NASDAQ: [[ticker:DNDN]]), the Seattle-based cancer drug developer. David Miller made his reputation as an investment analyst with in-depth, bullish reports on the company. Now these two are going to work together on a new Seattle-based biotech hedge fund called Alpine BioVentures. Gold isn’t … Continue reading “Former Dendreon CEO and Dendreon Bull Start New Biotech Hedge Fund”
Fight Over Uber is Battle Over Innovation in Dallas
I’ve lived in Dallas almost my entire adult life, but until this week I had never attended a city council meeting. The meeting started off with a bang as a woman dressed in traditional African costume (along with an accompanist on drums,) who serenaded Mayor Mike Rawlings just before she accused the sergeant-at-arms of “wanting” … Continue reading “Fight Over Uber is Battle Over Innovation in Dallas”
Biotech and Fantasy Football Picks for Fall 2013
There’s an old saying about surgeons. They are “sometimes wrong; never in doubt.” If only the same could be said for biotech writers. I’ve been sometimes right, sometimes wrong, and sometimes embarrassingly wrong the past couple years I’ve made predictions about biotech and fantasy football. Last year, I doubted both Adrian Peterson, the Minnesota Vikings … Continue reading “Biotech and Fantasy Football Picks for Fall 2013”
Socrata Garners New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=13acd6b8-c8a1-4f0a-8eb2-54f12a34ab91 Date 9/3/2013 Company Name Socrata Mailing Address 83 S. King St Seattle, WA 98104 Company Description Socrata is an online community for producers, publishers, and consumers of data. Through a suite of innovative Web services, Socrata provides the world’s most comprehensive platform for social data discovery. Website http://www.socrata.com Transaction Type Venture … Continue reading “Socrata Garners New Round”
Roundup: News from Optimum, Tagboard, BoldIQ, Twitter, IV, and Donuts
It turns out Seattle’s Optimum Energy gained some significant strategic investors in its latest financing round. Read on for details on that, plus funding for Tagboard and BoldIQ; new Seattle offices for Twitter and a DC presence for Intellectual Ventures; and another dozen (gTLDs for) Donuts. —Optimum Energy‘s substantial June financing has even more to … Continue reading “Roundup: News from Optimum, Tagboard, BoldIQ, Twitter, IV, and Donuts”
Help Save Our Innovation Economy from the SEC’s Rewrite of Reg D
Over the past 30 years, the United States has developed an infrastructure to nurture, grow, and fund early stage companies that is the envy of the world. There are more than 250,000 active angel investors in this country, and nearly one out of every five of the startup investments they make are in California. At … Continue reading “Help Save Our Innovation Economy from the SEC’s Rewrite of Reg D”
Sea Level Rise: Time for a Barrage of New Ideas
Everyone recognizes the Golden Gate Bridge. Even if you’ve never visited it in person, you’ve seen it in hundreds of movies and photographs. But I’ll bet you’ve never heard of the Golden Gate Barrage. That’s because it doesn’t exist yet. But as the atmosphere warms, ice sheets melt, and the unruly oceans slosh past their … Continue reading “Sea Level Rise: Time for a Barrage of New Ideas”
Starting a Company Is Hard. Good Health Insurance Makes It Easier.
Usually late August is fairly laid-back, but this year the debate over how states are implementing the federal Affordable Care Act seems to get louder by the day. Except here in Massachusetts, where it’s pretty quiet. Why? Because it’s already been addressed here. I must admit, I don’t remember there being very much angst at the … Continue reading “Starting a Company Is Hard. Good Health Insurance Makes It Easier.”
EdCaliber Secures $500,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0aaa5878-0abe-48aa-ba04-1a2726bea0c1 Date 8/30/2013 Company Name EdCaliber Mailing Address 25 NW 23rd Place Portland, OR 97210 Company Description EdCaliber captures all the steps of the Cycle of Inquiry process. The idea is this: a group of teachers at any grade level get together, do cognitive planning, bundle the materials and resources that they … Continue reading “EdCaliber Secures $500,000 New Funding”
MicroGreen Polymers Receives New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e98e6072-5902-4b48-aff4-812631a19244 Date 8/30/2013 Company Name MicroGreen Polymers Mailing Address 7220 201st Street NE Arlington, WA 98223 Company Description MicroGREEN Polymers is on a mission to give the plastics industry and the world environmentally sound plastics technologies with substantial economic advantages. Website http://www.microgreeninc.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed … Continue reading “MicroGreen Polymers Receives New Funding”
Animoto Wants to Make You Cry
When Animoto hit the scene in 2007, its creators thought bands and their teenage fans would want to use the tool to make videos for their MySpace pages. How times have changed. Animoto’s basic features are still the same: the software grabs photos and video clips from your computer or smartphone and renders them into … Continue reading “Animoto Wants to Make You Cry”
MicroGREEN Raises $10M From Increasingly Active Tribal Investors
The cup that holds your morning coffee is a seemingly simple item to be used and discarded. It probably hasn’t changed much over the years. No big deal, except that Americans go through 137 billion disposable beverage cups each year, generating a tremendous amount of waste. That looks like a huge opportunity to MicroGREEN Polymers, … Continue reading “MicroGREEN Raises $10M From Increasingly Active Tribal Investors”
Bill Gates Invests in Boston’s Evolv, an Intellectual Ventures Spinout
When Boston startup Evolv Technologies surfaced earlier this month with an $11.8 million fundraising round, nobody tied to the company would talk about what it’s doing. Today, the secrecy is lifting. Evolv is developing advanced imaging products—think airport security scanners—that could be much smaller and more efficient thanks to the wave-bending properties of a technology … Continue reading “Bill Gates Invests in Boston’s Evolv, an Intellectual Ventures Spinout”
Tagboard Obtains $2,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6da3ab54-2671-4a41-b7b6-585a2004e3bf Date 8/29/2013 Company Name Tagboard Mailing Address 7826 Leary Way NE Redmond, WA 98052 Company Description Tagboard is a Redmond-based startup company creating a new conversation medium where people can discuss the subjects they care about with others who share their interests. Website http://www.tagboard.com Transaction Type Venture Equity Transaction Amount $2,000,000 … Continue reading “Tagboard Obtains $2,000,000 New Financing Round”
Announcing Oct. 15 Xconomy Healthcare Summit: Request An Invitation
There’s hardly an issue that is more of a hot button than healthcare—and there’s hardly an issue that is surrounded by as much poorly understood, misguided, or outright misleading information. Yet neither are there many sectors as fundamentally important to our economy and future growth. To get to some real answers (or at least valuable … Continue reading “Announcing Oct. 15 Xconomy Healthcare Summit: Request An Invitation”
The Healthcare Summit 2013: Precision Medicine to Precision Management
Advances in genomics, mobile technology, and data collection and analysis are poised to transform healthcare from drug development to patient care and hospital management. But what will it take to realize their promise in the age of the Affordable Care Act, and what does this require of payers, providers, and patients? How can we finally … Continue reading “The Healthcare Summit 2013: Precision Medicine to Precision Management”
Microsoft Research Grabs More Room for Data Science in Silicon Alley
The New York branch of Microsoft Research, where computer scientists are brewing up new ideas in machine learning, prediction engines, and other fields, is getting space to bring in more collaborators. Though Microsoft maintains a massive office on the Avenue of the Americas, the research lab moved this month to a permanent new 22,000-sq.-ft. home … Continue reading “Microsoft Research Grabs More Room for Data Science in Silicon Alley”
Why Good Drugs Sometimes Fail: The Bexxar Story
Quite a few biotech entrepreneurs go to work each day operating under the assumption that clinical trial data is king. If you put together a rock-solid dataset from a big clinical trial that says your experimental drug beats today’s standard of care, then you’re onto something big, or so the line of thinking goes. Everything … Continue reading “Why Good Drugs Sometimes Fail: The Bexxar Story”
Gratafy Obtains $1,450,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3cfe4980-28e7-4753-a073-659e2820fd86 Date 8/24/2013 Company Name Gratafy Mailing Address 219 9th Ave N Seattle, WA 98109 Company Description Gratafy was founded to give people the opportunity to give and receive experience-based gifts in a new and unique way. We feature gifts like drinks and desserts at amazing local and national restaurants, bars, hotels … Continue reading “Gratafy Obtains $1,450,000 New Financing Round”
Ballmer Out: Amid Microsoft’s Big Shift, Will it Satisfy Wall St.?
Steve Ballmer’s surprising retirement as Microsoft CEO comes at a very turbulent time for the company, in almost every possible sense. After becoming legendary in corporate circles for its warring internal factions, Microsoft has just embarked on a huge reorganization, championed by Ballmer, that attempts to unify control of the company. That follows a seismic … Continue reading “Ballmer Out: Amid Microsoft’s Big Shift, Will it Satisfy Wall St.?”
Help Wanted: Microsoft Seeks CEO as Ballmer Announces Retirement Plan
By this time next year, Microsoft will be led by someone other than Steve Ballmer. The longtime chief executive this morning announced his decision to retire after 33 years with the Redmond software giant. Ballmer, 57, has led the company since 2000, when he took over the CEO title from co-founder and chairman Bill Gates. … Continue reading “Help Wanted: Microsoft Seeks CEO as Ballmer Announces Retirement Plan”
Misfit Shine and the Pros and Cons of Wearable Fitness Trackers
I don’t like being encumbered. That’s why I stopped wearing a wristwatch years ago, around the time I got my first mobile phone. That’s also why I’ve long looked askance at activity-tracking bracelets like the Fitbit Flex, the Nike FuelBand, and the Jawbone UP. I liked the idea of having more data about my exercise … Continue reading “Misfit Shine and the Pros and Cons of Wearable Fitness Trackers”
Roundup: Funding for Gratafy; Inside Social; Sinofsky to a16z; UW Prof. on MIT TR35
[Updated 7:55 p.m.] The summer doldrums are upon us—so much so that the Nasdaq stock exchange flat-lined for a few hours today. (Because of an as-yet unexplained technical glitch.) In addition to news this week of a significant funding round for Portland’s Jama Software and the bad news at Big Fish Games, there are a … Continue reading “Roundup: Funding for Gratafy; Inside Social; Sinofsky to a16z; UW Prof. on MIT TR35”
Tissue Regeneration Systems Nabs $4.6M to Improve Facial Surgeries
Tissue Regeneration Systems, a startup with offices in Kirkland, WA and Ann Arbor, MI, has raised $4.6 million to see if it can come up with a product to make life a little easier for patients who need significant bone replacement as part of complex facial and jaw surgeries. The company has picked up its … Continue reading “Tissue Regeneration Systems Nabs $4.6M to Improve Facial Surgeries”
Big Fish Cuts Bait on Cloud Service, Lays Off 49 in Seattle
Big Fish Games, despite being profitable and eyeing an 11th consecutive year of record revenue growth, is cutting up to 140 jobs—49 in its Seattle headquarters—and closing some of its international offices to focus the casual games maker and distributor on its best businesses. To continue the company’s momentum, “we need to realign our resources … Continue reading “Big Fish Cuts Bait on Cloud Service, Lays Off 49 in Seattle”
TechNW: North to Innovation. Automotive Tech & New Technologies
TechNW is a meeting of the brightest minds and most innovative technology companies in the Northwest. It is the region’s high profile, must-attend forum for learning, business development and strategic networking. By fostering intellectual and creative interaction among industry leaders, TechNW provides critical insights into the future of ever-evolving tech sectors, many that originated and … Continue reading “TechNW: North to Innovation. Automotive Tech & New Technologies”
TechNW: North to Innovation. Gaming and Mobile
TechNW is a meeting of the brightest minds and most innovative technology companies in the Northwest. It is the region’s high profile, must-attend forum for learning, business development and strategic networking. By fostering intellectual and creative interaction among industry leaders, TechNW provides critical insights into the future of ever-evolving tech sectors, many that originated and … Continue reading “TechNW: North to Innovation. Gaming and Mobile”
Tech NW: North to Innovation Cloud & Big Data
TechNW is a meeting of the brightest minds and most innovative technology companies in the Northwest. It is the region’s high profile, must-attend forum for learning, business development and strategic networking. By fostering intellectual and creative interaction among industry leaders, TechNW provides critical insights into the future of ever-evolving tech sectors, many that originated and … Continue reading “Tech NW: North to Innovation Cloud & Big Data”
WBBA Golf Invitational
The WBBA is holding its annual Golf Invitational event from 8 am-3 pm on Sept. 9 at Fairwood Golf & Country Club in Renton. For more information, click here.
WBBA Summer Social
The WBBA is holding its annual summer social from 4-7 pm on Aug. 22 at the roofdeck, 1551 Eastlake Avenue East. For more information, click here.
Zillow Makes $50M Acquisition Move on StreetEasy, Plans Stock Offer
[Updated 8/19/13 7:00 pm. See below.] On Monday, Seattle-based real estate marketplace Zillow (NASDAQ: [[ticker:Z]]) announced it inked a $50 million cash deal to acquire residential real estate website StreetEasy, based in New York. Also this morning, Zillow revealed plans for a public offering of 2.5 million shares of its Class A common stock, along with … Continue reading “Zillow Makes $50M Acquisition Move on StreetEasy, Plans Stock Offer”