Texas – Page 79

Financial Apps Will Make People Smarter and More Open About Money

Socially acceptable topics of conversation are always evolving. It’s no longer uncommon to hear discussions about religion and politics at the dinner table. However, there’s still one incredibly important issue that most people would just as soon sweep under the rug: finances. When was the last time you had a detailed conversation with your spouse, … Continue reading “Financial Apps Will Make People Smarter and More Open About Money”

3 Life Sciences Companies That Are Built to Last

Lots of biotech companies today say they want to be great for a long, long time. But which of today’s companies are actually doing it? Which ones are truly visionary, and built to last? These questions have been on my mind since I re-read “Built to Last: Successful Habits of Visionary Companies” in preparation for … Continue reading “3 Life Sciences Companies That Are Built to Last”

Sailpoint Technologies Garners $4,830,908 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a52173f9-506f-446a-96ad-970cf63459f6 Date 11/29/2013 Company Name Sailpoint Technologies Mailing Address 11305 Four Points Drive Austin, TX 78726 Company Description At SailPoint, we’re developing next-generation enterprise software that takes identity management to the next level. Our patent-pending technology solves the challenges of governance, risk management and compliance by helping organizations gain more visibility, make … Continue reading “Sailpoint Technologies Garners $4,830,908 New Funding”

It’s Time to Play Moneyball: The Investment Readiness Level

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. We think we can do better. We now have the tools, technology and data to take incubators and accelerators to the next level. Teams can … Continue reading “It’s Time to Play Moneyball: The Investment Readiness Level”

SimplyTapp Lands Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d857172-d179-47c7-9bea-39d8d2728962 Date 11/28/2013 Company Name SimplyTapp Mailing Address 114 W. 7th Street Austin, TX 78701 Company Description Install SimplyTapp token and transaction modules The first step is to review your organization’s existing IT infrastructure and determine the most appropriate points of integration. Existing infrastructure can then be enhanced instead of replaced saving … Continue reading “SimplyTapp Lands Series A Round”

Xenex’s Bug-Fighting Robots Gain Traction with Hospitals

In the war against microscopic pathogens, some hospitals are turning to drones. But the weapons in these robots, made by San Antonio’s Xenex Disinfection Services, are not bullets, but pulsating xenon-based UV light capable of neutralizing microbes that kill about 100,000 people each year. “We can show beyond a reasonable doubt that using Xenex reduces … Continue reading “Xenex’s Bug-Fighting Robots Gain Traction with Hospitals”

Is This the End of Premium Pricing in Drug and Device Innovation?

Healthcare costs in the United States today account for approximately 18 percent of our gross domestic product—far more than any other developed country. Americans’ average life expectancy and the efficiency of our healthcare system are ranked near the bottom of countries with advanced economies. It’s not just a healthcare problem, either. It’s an economic problem. … Continue reading “Is This the End of Premium Pricing in Drug and Device Innovation?”

Palmaz Scientific Lands $3,278,250 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=13fbbf1a-35cf-4f69-86a1-e8748ad48baa Date 11/27/2013 Company Name Palmaz Scientific Mailing Address 2828 N. Harwood Dallas, TX 75201 Company Description The Palmaz technology uses physical vapor deposition processes to deposit layers of atoms on a substrate to produce very strong, high purity metals which are then fabricated into low profile implantable medical devices for many … Continue reading “Palmaz Scientific Lands $3,278,250 New Funding”

23andMe: Victim of an Overboard FDA Crackdown, or Provocateur?

Last Friday, the Food and Drug Administration issued a warning letter to the direct-to-consumer genetic testing company 23andMe ordering it to stop marketing its Personal Genome Service. According to the FDA, the 23andMe genetic test is a medical device, and subject to intense regulation before it can be marketed, because “it is intended for use … Continue reading “23andMe: Victim of an Overboard FDA Crackdown, or Provocateur?”

Cleantech Startup Optimitive, a Surge alum, Lands Series A Round

Optimitive, a Spanish startup and alum of Houston’s Surge Accelerator, announced Tuesday it has raised €1.4 million, or about $1.9 million, from a Luxembourg venture capital fund. GGM Venture Capital, which invests in early-stage European tech startups, led the Series A investment into Optimitive. Cleantech accelerator Surge co-invested $50,000, which is the typical amount it … Continue reading “Cleantech Startup Optimitive, a Surge alum, Lands Series A Round”

San Antonio MedTech Startup’s “Clamp” Aims to Stop Bleeding Faster

For Dennis Filips, entrepreneurial inspiration came from the grim battlefields of Serbia, the Golan Heights, and Afghanistan. A trauma surgeon with the Canadian Forces until 2008, Filips experienced firsthand the difficulty in stemming blood loss of injured soldiers as he attempted to stabilize them for hospital care. Those insights led him and his co-founder Ian … Continue reading “San Antonio MedTech Startup’s “Clamp” Aims to Stop Bleeding Faster”

Gates Foundation Health Chief on Coaxing Pharma to Do Good (Part 2)

Yesterday, I ran the first installment of an interview with Trevor Mundel, the president of global health at the Seattle-based Bill & Melinda Gates Foundation. He talked about his personal reasons for leaving the pharmaceutical industry to work on global health problems, and how the foundation makes decisions on how to spend its money. Today, … Continue reading “Gates Foundation Health Chief on Coaxing Pharma to Do Good (Part 2)”

Lexstar Energy Garners $197,500 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f990f2bf-aded-468f-9e8d-62a808d2114e Date 11/26/2013 Company Name Lexstar Energy Mailing Address 9191 Kyser Way Frisco, TX 75033 Company Description Lexstar Energy, was created for the purpose of developing, exploring and producing gas and oil reserves in the Louisiana and Texas Gulf Coast regions. Lexstar also offers these opportunities in the form of oil and … Continue reading “Lexstar Energy Garners $197,500 New Financing Round”

Innovative Trauma Care Garners Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8c7ab786-c4d3-4297-b648-7675e54aae94 Date 11/26/2013 Company Name Innovative Trauma Care Mailing Address 3463 Magic Drive San Antonio, TX 78229 Company Description Incorporated in 2010 and based in Edmonton, Canada, Innovative Trauma Careis addressing unmet needs in the field of emergency medicine by developing,manufacturing, and commercializing point of injury solutions to treat common causes of … Continue reading “Innovative Trauma Care Garners Series B Funding”

Franco-Texas MedTech Firm Looks to Innovate in Spinal Therapies

As Christophe Lavigne puts it, back in 2000, he and his co-founders were “three guys out in the middle of nowhere trying to create the gold standard of spine surgery.” The three entrepreneurs were in Troyes, France, a town in the Champagne region known more for its half-timbered homes than its medical innovation. But that’s … Continue reading “Franco-Texas MedTech Firm Looks to Innovate in Spinal Therapies”

Gates Foundation Health Chief on Coaxing Pharma to Do Good

Bill Gates can summon the CEOs of every major global pharmaceutical company, and get them thinking and talking about things that won’t help them make more money. Pharma and biotech companies, cast as the villain pretty much everywhere, certainly like the PR boost they get from working with Gates and putting their immense resources to … Continue reading “Gates Foundation Health Chief on Coaxing Pharma to Do Good”

Xtreme Power Secures $1,050,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d670445-e824-4a02-845b-223c45f095b3 Date 11/25/2013 Company Name Xtreme Power Mailing Address 1120 Goforth Road Kyle, TX 78640 Company Description Xtreme Power is a Power Systems company with sophisticated technology to deliver efficient solutions. Xtreme Power Solutions is a manufacturer of power systems from the small sized, (2kW) generator replacement, through large scale Megawatt load … Continue reading “Xtreme Power Secures $1,050,000 New Funding Round”

MyCounsel Receives $35,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=15c2cb07-4652-4c58-b0c9-7912492e9a7f Date 11/25/2013 Company Name MyCounsel Mailing Address Undisclosed Austin, TX ?78641 Company Description MyCounsel develops applications and communications for greater access to behavioral health care. We deliver HIPAA compliant TeleHealth counseling sessions, mobile access and advanced data based support features. Our customers are patients, providers and payees. Website Undisclosed Transaction Type … Continue reading “MyCounsel Receives $35,000 Seed Round”

CareStarter Secures $35,000 Seed Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=998a06ca-556e-4d7c-8d4d-b29ea867625a Date 11/25/2013 Company Name CareStarter Mailing Address Undisclosed Dallas, TX 75201 Company Description CareStarter’s focus is to disrupt the most inefficient process in the world, the delivery of healthcare information. We are committed to accelerating information to all patients who have received a diagnosis by leveraging technology to improve continuity of … Continue reading “CareStarter Secures $35,000 Seed Funding Round”

Vital Therapies Postpones IPO as Biotech Sector Chills

Life sciences IPOs ran into market resistance for the second consecutive week. San Diego-based Vital Therapies and Malvern, PA’s TetraLogic Pharmaceuticals both postponed their IPOs yesterday, according to the IPO research firm Renaissance Capital. Travena, another Pennsylvania biotech, scrapped its IPO earlier in the week, and two other life science companies, Oxford Immunotec and Evogene, … Continue reading “Vital Therapies Postpones IPO as Biotech Sector Chills”

Detechtion Technologies Secures New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9833125f-e84a-4666-ac89-a8a87629a5b5 Date 11/22/2013 Company Name Detechtion Technologies Mailing Address 3200 Southwest Freeway Houston, TX 77027 Company Description Since our beginnings in 1998, Detechtion Technologies has become the world leader in compression optimization technologies and fleet management services. We serve our customers with offices in Calgary, Houston, Brisbane and Pittsburgh. Website http://www.detechtion.com Transaction … Continue reading “Detechtion Technologies Secures New Financing”

A 21st-Century Bill of Consumer Product Rights

Among the great innovations of the 21st century are products that are cloud-connected and update and improve automatically. For software, gone are the days of having to buy a new version of physical media (disks or CDs). For hardware it’s the magical ability to have a product get better over time as new features are … Continue reading “A 21st-Century Bill of Consumer Product Rights”

Xenex Healthcare Services Garners $11,300,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=94da056e-d5db-4d4e-b343-a1d92e413a93 Date 11/21/2013 Company Name Xenex Healthcare Services Mailing Address 121 Interpark San Antonio, TX 78216 Company Description Xenex Disinfection Services LLC was founded to significantly reduce the number of healthcare associated infections that destroy the lives of millions of patients and their families. We believe in our technology and the high … Continue reading “Xenex Healthcare Services Garners $11,300,000 New Financing”

Quarri Technologies Obtains $2,300,000 Series C Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ad27b12a-85c6-4f61-afc7-fb7d0e84cbf9 Date 11/21/2013 Company Name Quarri Technologies Mailing Address 7500 Rialto Blvd Austin, TX 78735 Company Description Quarri is a leading provider of on demand web browser information security solutions that secure information and content at the endpoint. Our products give enterprises the ability to extend security controls temporarily to web browsers … Continue reading “Quarri Technologies Obtains $2,300,000 Series C Funding”

ZS Pharma Passes Key Test With Drug for Hyperkalemia

[Corrected 11/22/13, 1:55 pm. See below.] Chronic kidney disease affects 26 million patients in the U.S., and they spend a lot of money trying to manage the condition. Fort Worth, TX-based ZS Pharma is betting that it might have one more new option to help many of these patients. ZS Pharma reported earlier this month that … Continue reading “ZS Pharma Passes Key Test With Drug for Hyperkalemia”

To Tell the Story of Innovation in Detroit, Xconomy Needs Your Help

Whenever I’m describing Xconomy to someone who hasn’t come across our website before, I rattle off the names of the eight high-tech hubs where we have bureaus, in the order we opened them: Boston, Seattle, San Diego, Detroit, San Francisco, New York, Boulder/Denver, and Texas. At that point, the listener usually exclaims “Detroit! Why Detroit?” … Continue reading “To Tell the Story of Innovation in Detroit, Xconomy Needs Your Help”

A Few Good Mentors: A DIY Mentor Program for Startup Communities

I’m going to go out on a limb here. I guarantee that good startup mentors exist everywhere, even in your neck of the woods. Without any more evidence than my personal experience—working alongside hundreds of mentors and entrepreneurs around the globe, including such far-off places as Brussels, Moscow, and Kuala Lumpur—I’m willing to bet there … Continue reading “A Few Good Mentors: A DIY Mentor Program for Startup Communities”

As Total U.S. IPOs Mount, Several Biotech Deals Stumble

With less than six weeks remaining in 2013, the number of U.S. IPOs continues to mount at a rate unseen since the financial meltdown of 2008. Ten companies are set to go public on U.S. markets this week, according to Renaissance Capital, the IPO investment firm based in Greenwich, CT. That includes Vital Therapies, a … Continue reading “As Total U.S. IPOs Mount, Several Biotech Deals Stumble”

Futuristic “Human-on-Chip” Models Will Help Drug Development

The pharmaceutical industry needs better scientific models for testing drugs before they get to the proving ground of human clinical trials. Current lab dish models and animal testing models are time-consuming, expensive and chronically unable to predict which drugs are going to work in clinical trials. The industry is crying out for new modes of … Continue reading “Futuristic “Human-on-Chip” Models Will Help Drug Development”

Houston’s Capital Royalty Evolving in Healthcare Growth Financing

[Updated Nov. 26, 2013] When Charles Tate moved home to Texas after a 35-year career as a New York finance executive, he started weighing opportunities for a new investment firm. Plenty of Texas investment firms were already focused on real estate and oil and gas. But Tate had seen first-hand the potential of biomedical innovation … Continue reading “Houston’s Capital Royalty Evolving in Healthcare Growth Financing”

Wireless Seismic Lands $7,500,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=11f93fb8-aea4-4d34-b15d-8e23e33868a1 Date 11/19/2013 Company Name Wireless Seismic Mailing Address 13100 Southwest Freeway Sugar Land, TX 77478 Company Description Wireless Seismic was formed in 2006 to develop and introduce the RT 1000, a revolutionary seismic data acquisition system to the exploration and production industry, which capitalizes on emerging technologies in the seismic, wireless … Continue reading “Wireless Seismic Lands $7,500,000 New Funding Round”

Dallas’s HipLogiq Raises $7M to Expand Twitter Marketing Software

Dallas’ HipLogiq announced Monday it has raised $7 million in a Series B round to expand its sales and marketing staff. Hadron Global Partners, a division of Connecticut private equity firm Carriage House Partners and RLB Holdings, led the round. The social media marketing startup says its products use the popular social media service Twitter … Continue reading “Dallas’s HipLogiq Raises $7M to Expand Twitter Marketing Software”

TechStreet, a Houston-Style SXSW, to Showcase City’s Startups

For Kim Evans, boosting the Houston startup scene is personal. In 1999, she left BMC Software to found her own startup, Covasoft, but venture capitalists told her she would have to relocate to Austin before they would invest. “My VCs felt Houston was a poor choice for a tech startup because of the lack of … Continue reading “TechStreet, a Houston-Style SXSW, to Showcase City’s Startups”

The Biotech Startup Class of 2013: Don’t Worry, It’s a Short List

[Updated: 12:45 pm PT 12/13/13] We’ve heard a lot this year about the IPO boom for biotech companies. Even after a few high-profile blowups (Ariad, Sarepta), the public biotech stock indexes are still outperforming the Nasdaq Composite Index and S&P 500. Some biotechs have been acquired for megabucks (Onyx, ViroPharma). We’ve heard about another biotech … Continue reading “The Biotech Startup Class of 2013: Don’t Worry, It’s a Short List”

Hamburger Heaven: Business Lessons from a Child’s Bookshelf

Perhaps because I have a sales/marketing/product background, or perhaps because sales/marketing/product development are such a focus of conversation when you hang around with entrepreneurs, I am often asked what business book I would most recommend on these topics. I am sure that most would expect me to recommend one of the “classics,” such as Clayton … Continue reading “Hamburger Heaven: Business Lessons from a Child’s Bookshelf”

The Hottest High-Tech Toy of 2013: Anki’s iPhone-Driven Robot Cars

If you had wandered up to the second floor of the Apple store in San Francisco on a Thursday evening a couple of weeks ago, you would have seen an unusual spectacle. The big wooden tables were cleared of the usual iPads and MacBooks, and in their place visitors had laid out large sheets of … Continue reading “The Hottest High-Tech Toy of 2013: Anki’s iPhone-Driven Robot Cars”

Aunt Bertha Garners $500,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=92bb6fbf-61db-49cf-a6a4-6488eb774110 Date 11/15/2013 Company Name Aunt Bertha Mailing Address 3616 Far West Blvd Austin, TX 78731 Company Description We collect all federal, state, county, city, neighborhood, and charity program information and put it in one place. If it’s based on need, then we collect it. It’s pretty simple, really. Using information we … Continue reading “Aunt Bertha Garners $500,000 New Funding”

N-Trig Secures $4,500,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a2ee1ecd-8157-43ca-bfde-ed393e1ed413 Date 11/15/2013 Company Name N-Trig Mailing Address 8200 North MoPac Expressway Austin, TX 78759 Company Description N-Trig is the provider of DuoSense digitizer technology combining pen and zero-pressure touch for mobile computers into a single device. N-Trig enables OEMs and ODMs to provide innovative new technology for the next generation of … Continue reading “N-Trig Secures $4,500,000 New Financing”

Austin’s MapMyFitness Charts Digital Fitness Course to $150M Exit

2007 wasn’t that long ago, but at that time when Robin Thurston and Kevin Callahan founded what was then called MapMyRun, using digital devices to enhance one’s fitness routine was still largely the domain of ultra-athletes. Smartphones were new and everyday use of GPS was uncommon. Six years later, the rechristened MapMyFitness has gone from … Continue reading “Austin’s MapMyFitness Charts Digital Fitness Course to $150M Exit”

In Defense of Sarepta’s Chris Garabedian

Anyone who follows the biotechnology industry surely is aware of the setback Cambridge, MA-based Sarepta Therapeutics (NASDAQ: [[ticker:SRPT]]) experienced this week after FDA changed their mind about the company’s ability to request early approval for its Duchenne Muscular Dystrophy drug, eteplirsen, on the basis of an encouraging Phase IIb study of 12 patients. However, the … Continue reading “In Defense of Sarepta’s Chris Garabedian”

Austin’s MapMyFitness Bought by Under Armour for $150M

MapMyFitness, an Austin, TX-based workout app company, is being acquired by the athletic apparel company Under Armour (NYSE: UA) for $150 million. The Austin startup, which was founded in 2007, has about 20 million users for its most popular apps, MapMyRun and MapMyRide. By using GPS and other technologies, fitness apps like MapMyFitness help users … Continue reading “Austin’s MapMyFitness Bought by Under Armour for $150M”

The Future of Microsoft Research: One on One With New Boss Peter Lee

How do you help invigorate the Microsoft machine? Well, for Peter Lee, the answer lies in the frontiers of computer science. Lee is the new managing director of Microsoft Research, the company’s global research arm. His job is to help his parent company, not always quick on the uptake with emerging technology, understand the latest … Continue reading “The Future of Microsoft Research: One on One With New Boss Peter Lee”

Under Armour Acquires MapMyFitness for $150,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ec23d7ac-ca66-4e3c-aa6b-afb667029ef0 Date 11/14/2013 Company Name MapMyFitness Mailing Address 610 West 5th Street Austin, TX 78701 Company Description We target players across the health and fitness spectrum, including healthy and active individuals, race and event directors, and fitness and wellness oriented community groups and clubs. Website http://www.mapmyfitness.com Transaction Type M&A Transaction Amount $150,000,000 … Continue reading “Under Armour Acquires MapMyFitness for $150,000,000”

Pumps & Pipes Symposium

Pumps & Pipes 7 Symposium will be held at the Houston Methodist Research Institute on December 9. The theme of this year’s annual conference is Explorations. The program will feature cutting-edge presentations, demonstrations and live video feeds from energy, cardiovascular medicine, NASA, academia and education. The organization hosts networking opportunities, problem-solving by exploring ways to … Continue reading “Pumps & Pipes Symposium”

Rice University 11th Annual Information Technology & Web Venture Forum

The Information Technology & Web Venture Forum brings almost 40 of the most promising emerging information technology, web, and software companies pitch their companies to more than 400 venture capitalists, investors, mentors, business and corporate leaders, and industry experts. Rice says that more than 30% of the start-up companies pitching at past Rice Alliance Technology Venture Forums have … Continue reading “Rice University 11th Annual Information Technology & Web Venture Forum”

Written.com Lands $1,000,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=86c7c91d-7fc0-46f0-a763-a6d2cd633c8b Date 11/13/2013 Company Name Written.com Mailing Address 807 Brazos Street Austin, TX 78701 Company Description The best bloggers use Written to earn more and build authority. The best content marketers use Written to build and target an audience. Website http://www.written.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Seed Proceeds … Continue reading “Written.com Lands $1,000,000 Seed Financing”

One Source Networks Secures New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2815c4d9-71d9-46c2-973e-ded2fa53a2d0 Date 11/13/2013 Company Name One Source Networks Mailing Address 6200 Bridge Point Parkway Austin, TX 78730 Company Description We are committed to being the network partner of choice for the Fortune 1000, providing innovative, purpose-built communications solutions that reduce complexity and enable our customers to drive innovation and profitability. Website http://www.onesourcenetworks.com … Continue reading “One Source Networks Secures New Round”

MyTennisLessons Garners $270,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ece5c1bf-f18d-4e3b-af31-e8875b925d0f Date 11/13/2013 Company Name MyTennisLessons Mailing Address 11911 River Oaks Trail Austin, TX 78753 Company Description It has never been easier to find and schedule a tennis lesson in your area. We are committed to setting you up with a tennis coach at a court location and time that is most … Continue reading “MyTennisLessons Garners $270,000 New Financing Round”