Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a181b74b-e8b4-4a5a-8e8a-3c5417c6b3cb&Preview=1 Date 6/30/2010 Company Name Virtual Bridges Mailing Address 6300 Bridge Point Parkway Building 1 Austin, TX 78730 Company Description Virtual Bridges is a privately-held, venture-backed software company headquartered in Austin, TX. The company was founded by enterprise infrastructure professionals with the mission to transform the way that organizations provision and manage … Continue reading “Virtual Bridges Receives $4,000,000 New Round”
HelioVolt Secures $31,521,756 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1822a694-10ee-42ff-86c6-42eb474d92b9&Preview=1 Date 6/30/2010 Company Name HelioVolt Mailing Address 6301-8 E. Stassney Lane Austin, TX 78744-3055 Company Description HelioVolt has pioneered a method of manufacturing high-performing solar technology and applying it as a coating directly onto conventional building materials. Website http://www.heliovolt.net Transaction Type Venture Equity Transaction Amount $31,521,756 Transaction Round Undisclosed Proceeds Purposes … Continue reading “HelioVolt Secures $31,521,756 New Round”
Mavenir Systems Secures $13,600,000 Series D Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=de27b9af-1056-4720-ae70-507d2b529270&Preview=1 Date 6/30/2010 Company Name Mavenir Systems Mailing Address 1700 International Parkway Richardson, TX 75081 Company Description Mavenir’s solutions, located between the access and the core, provide an efficient, cost-effective method to introduce tomorrow’s multimedia services across a multitude of access technologies, in an incremental fashion, with device and context aware intelligence. … Continue reading “Mavenir Systems Secures $13,600,000 Series D Funding Round”
Oxane Materials Lands $1,442,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=04899450-f9fd-4e7e-9dc1-588ed163898d&Preview=1 Date 6/30/2010 Company Name Oxane Materials Mailing Address 467 West 38th Street Houston, TX 77018 Company Description Oxane Materials, Inc. is an energy-focused nanoproducts company. The principal product under development is an oil and gas recovery enhancer, OxFrac. Follow-on products include sour gas abatement technologies, high temperature stable PEM fuel cell … Continue reading “Oxane Materials Lands $1,442,000 New Financing”
Entrigue Surgical Lands $10,878,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1288ec70-231d-493e-afe9-670d66946d29&Preview=1 Date 6/30/2010 Company Name Entrigue Surgical Mailing Address 12672 Silicon Drive San Antonio, TX 78249 Company Description Entrigue Surgical is revolutionizing otolaryngology through Access, Biologics and Biomaterials. Our mission is to improve patient outcome through procedure-specific solutions utilizing the latest in ground-breaking technologies. Website http://www.entriguesurgical.com Transaction Type Venture Equity Transaction Amount … Continue reading “Entrigue Surgical Lands $10,878,000 New Funding Round”
Airband Communications Secures $3,679,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1a547c27-6895-47c7-ab26-7c62752347da&Preview=1 Date 6/30/2010 Company Name Airband Communications Mailing Address 3220 Keller Springs Rd Carrollton, TX 75006 Company Description airBand Communications Inc., is a broadband communications provider dedicated to helping businesses realize the full potential of their voice and data services. With a comprehensive portfolio of Voice over IP and high-speed data solutions, … Continue reading “Airband Communications Secures $3,679,000 New Funding Round”
Kior Lands $40,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=99308b0f-c107-44be-a724-903b9dd0136f&Preview=1 Date 6/30/2010 Company Name Kior Mailing Address 13001 Bay Park Road Pasadena, TX 77507 Company Description KiOR (NASDAQ: KIOR) is a next generation biofuels company which produces a renewable crude oil substitute. KiOR’s production process creates this Re-Crude from biomass by enhancing nature’s method of making oil, reducing the process from … Continue reading “Kior Lands $40,000,000 New Financing Round”
Adometry Obtains $6,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f0dd546a-80a1-4537-887a-98cbffda958e&Preview=1 Date 6/30/2010 Company Name Adometry Mailing Address 4301 Westbank Dr Building A Austin, TX 78746 Company Description Adometry, formerly Click Forensics, Inc., is the leading provider of ad analytics and traffic quality solutions for the online advertising community. Website http://www.adometry.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round Series C … Continue reading “Adometry Obtains $6,000,000 Series C Financing Round”
FameCast Secures $2,708,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=34c7ec90-0dc1-498c-b2b0-99977fbca112&Preview=1 Date 6/30/2010 Company Name FameCast Mailing Address 3000 East Cesar Chavez Austin , TX 78702 Company Description FameCast is the premier online talent competition and community for emerging, entrepreneurial musicians. FameCast aims to shine the spotlight on those who have what it takes, but have lacked the breaks by providing them … Continue reading “FameCast Secures $2,708,000 New Financing Round”
Consert Receives $17,698,028 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=95d40a9e-fd76-4f8b-aea3-a79f42f33748&Preview=1 Date 6/30/2010 Company Name Consert Mailing Address 12508 Jones Maltsberger Road San Antonio, TX 78247 Company Description Today’s energy markets are inseparable from critical issues of national and international importance. From the environment to international security concerns. From basic household economics to the viability of renewable resources. Strategies and solutions vary, … Continue reading “Consert Receives $17,698,028 New Financing Round”
TechSkills Garners $2,176,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7e89b5e1-f3ee-4cfd-bdb9-b2e47f268ac9&Preview=1 Date 6/30/2010 Company Name TechSkills Mailing Address 108 Wild Basin Road Austin, TX 78746 Company Description The company provides IT certification and medical education programs. Website http://www.techskills.com Transaction Type Venture Equity Transaction Amount $2,176,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor OCA Ventures Venture … Continue reading “TechSkills Garners $2,176,000 New Financing”
ViroXis Receives $773,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b071049b-fc90-4f20-a166-b48b64f350e0&Preview=1 Date 6/30/2010 Company Name ViroXis Mailing Address 1261 Silicon Drive San Antonio, TX 78249 Company Description The company develops botanical pharmaceuticals. Website http://www.viroxis.com Transaction Type Venture Equity Transaction Amount $773,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Greer Capital Advisors Venture Investor Undisclosed
BreakingPoint Systems Obtains $5,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2068d1b1-6473-42a0-b567-d9aab11084eb&Preview=1 Date 6/30/2010 Company Name BreakingPoint Systems Mailing Address 3900 N. Capital of Texas Hwy Austin, TX 78746 Company Description The company makes equipment that performs advanced testing for high-speed data networks by generating real-world applications data. Website http://www.bpointsys.com Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “BreakingPoint Systems Obtains $5,000,000 New Funding Round”
Bio2 Medical Lands $6,698,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=47912db6-37e1-4260-b879-e325bd2b5b91&Preview=1 Date 6/30/2010 Company Name Bio2 Medical Mailing Address 12621 Silicon Drive San Antonio, TX 78249 Company Description Develops medical devices for the treatment of pulmonary embolism. Website http://www.bio2medical.com Transaction Type Venture Equity Transaction Amount $6,698,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Incyte Venture … Continue reading “Bio2 Medical Lands $6,698,000 New Financing Round”
Socialware Receives $2,200,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d22c857-cd14-4cef-bb97-eec00a55dd23&Preview=1 Date 6/30/2010 Company Name Socialware Mailing Address 6500 River Place Blvd Building V Austin, TX 78730 Company Description Socialware bridges the gap between the enterprise and social networks to transform the way that companies and their employees engage, connect and communicate with clients, partners and one another. Our solutions allow companies … Continue reading “Socialware Receives $2,200,000 New Funding Round”
Motion Computing Secures New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2a1a6425-e837-424e-8274-fd8c53e23a34&Preview=1 Date 6/30/2010 Company Name Motion Computing Mailing Address 8601 RR 2222 Austin, TX 78730 Company Description Motion Computing, a tablet PC market leader, combines world-class innovation and industry experience, enabling people to use computers in new ways and places. Website http://www.motioncomputing.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed … Continue reading “Motion Computing Secures New Funding”
CityClub: Revenue Models in the Changing Media Landscape
Information and registration here. Featuring: Pat Balles, Seattle PI Cory Bergman, Next Door Media David Boardman, Seattle Times David Brewster, Crosscut Josh Feit, PubliCola Rita Hibbard, Investigate West Greg Huang, Xconomy Moderator: Hanson Hosein, Director, UW Digital Media Just over a year ago, Seattle’s long history as a two-paper town ended when the Seattle P-I … Continue reading “CityClub: Revenue Models in the Changing Media Landscape”
Toyota Delivers Three Prius Plug-In Hybrids for Year-Long Demo
San Diego Gas & Electric and the nonprofit California Center for Sustainable Energy rolled out three Toyota Prius plug-in hybrid vehicles (PHVs) today in what’s expected to be at least a year-long program intended to assess the vehicles’ performance in real-world driving conditions throughout the United States. The three cars unveiled today in San Diego … Continue reading “Toyota Delivers Three Prius Plug-In Hybrids for Year-Long Demo”
Tech Alliance’s Susannah Malarkey on Four Things Seattle Could Learn from Boston, and One Big Northwest Advantage
Susannah Malarkey, the executive director of the Technology Alliance in Seattle, spent three days earlier this month in Boston with a group of Seattle civic and business leaders as part of the 2010 Intercity Study Mission. These annual trips, organized by the Seattle Chamber of Commerce since 1983, enable Seattle business leaders to pick the … Continue reading “Tech Alliance’s Susannah Malarkey on Four Things Seattle Could Learn from Boston, and One Big Northwest Advantage”
California Industrial Biotech Conference
The day-and-a-half conference will explore the research, business, and investment aspects of the biotech community. Panels and networking breaks will allow attendees to better understand California’s role in the industrial biotech space. Register online.
Company Formation, Venture Capital Remain Concerns in Data for San Diego’s Innovation Economy
The economic indicators in San Diego’s innovation economy are flashing mixed signals for the first quarter of 2010, based on data released by Connect, the nonprofit group for technology and entrepreneurship. The Connect Innovation Report can be found online here, and my roundup of the latest data follows: —Flashing Red: New company formation fell by … Continue reading “Company Formation, Venture Capital Remain Concerns in Data for San Diego’s Innovation Economy”
DrinksOnTap #5 – OS4.0, Boston iPhone Developers Drinks and Demos
This event touts itself as Boston’s biggest iPhone developer social. Bring your own iPhone and iPad apps and find out for yourself. You’ll also hear about upcoming app store releases and have the opportunity to network with those in the mobile industry. RSVP here.
Fear Not, Boston Entrepreneurs: Betahouse Is Expanding, Founder Says Local Techies Need More Confidence
Jon Pierce is an unassuming young man who just might hold the keys to the kingdom. The Boston tech startup kingdom, that is. OK, that’s the kind of bluster he probably hates to see, especially in the media. Pierce is about community first—and that’s why he’s particularly important. He is the founder of Betahouse, a … Continue reading “Fear Not, Boston Entrepreneurs: Betahouse Is Expanding, Founder Says Local Techies Need More Confidence”
Tesla Rocks the Nasdaq, But Analysts Skeptical Electric Car Company Can Go The Distance
Tesla, the Palo Alto, CA electric car company, wowed the markets today when it went public, raising $229 million in the IPO and trading at $17 apiece, a buck more than the company’s estimated upper range of $16 a share. Despite the strong start in an otherwise weak IPO market, some analysts are cautious about … Continue reading “Tesla Rocks the Nasdaq, But Analysts Skeptical Electric Car Company Can Go The Distance”
World Wide Wade Goes West—Episode II: Rochester, NY
A confession: Graham and I recorded the first episode in this week’s video travelogue series, the interview with Mark Nelson at C.B. Fisk in Gloucester, MA, a couple of weeks ago as a dry run for our trip. Today’s episode is the first one shot en route. We left Boston early Sunday morning, June 27, … Continue reading “World Wide Wade Goes West—Episode II: Rochester, NY”
San Diego’s Genomatica Scales Up Bio-Based Technology in Michigan Demo
Genomatica says it has successfully scaled up technology that uses genetically engineered microbes to make 1,4-butanediol (BDO)—a solvent and industrial chemical usually made from crude oil or natural gas. The San Diego company, which touts itself as a leader in the “sustainable chemicals revolution,” worked with an industrial biotechnology partner in Lansing, MI, to make … Continue reading “San Diego’s Genomatica Scales Up Bio-Based Technology in Michigan Demo”
SV Life Sciences Closes $523M Fund
SV Life Sciences, a Boston-based venture firm focused on healthcare investments, said today it has closed its latest Fund V at $523 million. VentureWire reported today this fund is the second-largest healthcare fund raised in 2010, after the $550 million fund that OrbiMed Advisors closed early this year. SV Life Sciences says that it plans … Continue reading “SV Life Sciences Closes $523M Fund”
Everyday Raises $2.8M
Everyday Solutions, an Acton, MA-based provider of GPS-powered software and hardware for monitoring school buses, has wrapped up $2.8 million in equity-based funding, according to an SEC filing. The company, whose technology tracks the location of vehicles and helps map when and where students were dropped off, lists its investors as Ascent Venture Partners, Flagship … Continue reading “Everyday Raises $2.8M”
NanoString Hires Genzyme Vet as CEO to Lead Foray Into Molecular Diagnostics
Seattle-based NanoString Technologies hasn’t had a permanent CEO for more than a year, and now the search has ended in Boston. The company, which makes instruments to help scientists perform sophisticated genetic analyses, has named Brad Gray, the former vice president of product and business development for Cambridge, MA-based Genzyme Genetics, as its new president … Continue reading “NanoString Hires Genzyme Vet as CEO to Lead Foray Into Molecular Diagnostics”
Former J&J Group Chairman’s Firm Backs BIND Biosciences in $12.4M Round
BIND Biosciences has a knack for selling high-profile investors on its idea of targeting cancer cells with nanoparticle drugs. The Cambridge, MA-based startup has added to its list of marquee backers with the closing of a $12.4 million Series C round of funding, according to the company. Endeavour Vision, the Swiss venture firm, is the … Continue reading “Former J&J Group Chairman’s Firm Backs BIND Biosciences in $12.4M Round”
The Mission Bay Biotech Cluster: Antibodies, RNAi, Biofuels, & More
[Update: 11:30 am, 7/8/10] Much has been written about the transformation of San Francisco’s Mission Bay district from run-down railroad property into a biotech hotbed. An estimated 56 biotech companies were said to be operating in San Francisco as of last month, compared to just one back in 2004, according to this report from Tom … Continue reading “The Mission Bay Biotech Cluster: Antibodies, RNAi, Biofuels, & More”
Dream of an IPO, but Plan for an Acquisition
It’s now very clear to me: a successful M&A exit is far more likely for entrepreneurs than the once vaunted IPO. Structural changes in the venture-IPO ecosystem over the past 15 years have made it increasingly difficult for young companies to successfully tap the public markets to fuel their continued growth. While this fact has … Continue reading “Dream of an IPO, but Plan for an Acquisition”
HP Buys Melodeo, RumbleFish Partners With YouTube, Motricity Declines & More Seattle-Area Deals News
Although it hasn’t been the biggest deal week for Northwest tech companies volume-wise, there have been some sizeable transactions worth mentioning in the roundup. In the past week, we’ve seen three global companies take particular interest in our local startup scene, especially in some pretty unusual music and mobile ventures. Take a look at the … Continue reading “HP Buys Melodeo, RumbleFish Partners With YouTube, Motricity Declines & More Seattle-Area Deals News”
Sonicbids, Run by Former Music Talent Agent, Brings Band Gig-Booking Into the Digital Age, Adds San Francisco Presence
After graduating from Berklee College of Music in the mid 1990s, Panos Panay started working at a music talent agency in Boston’s Allston neighborhood, and was eager to book his first tours. So eager that he mailed bands’ press kits across the globe and incurred an Airborne Express shipping bill in excess of $4,000 one … Continue reading “Sonicbids, Run by Former Music Talent Agent, Brings Band Gig-Booking Into the Digital Age, Adds San Francisco Presence”
BIND Biosciences Secures $1,400,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2371f5e4-c699-497f-a237-08fe98521b5a&Preview=1 Date 6/29/2010 Company Name BIND Biosciences Mailing Address 64 Sidney Street Cambridge, MA 02139 Company Description BIND Biosciences, Inc. is a venture backed biopharmaceutical company focused on engineering targeted therapeutics. BIND’s technology was developed by world class laboratories at MIT and Harvard. Website http://www.bindbio.com Transaction Type Venture Equity Transaction Amount $1,400,000 … Continue reading “BIND Biosciences Secures $1,400,000 Series C Financing”
Everyday Solutions Garners $2,800,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b72ea2e4-b95b-4e05-8e9e-aa80da4ae0f2&Preview=1 Date 6/29/2010 Company Name Everyday Solutions Mailing Address 100 Discovery Way Acton, MA 01720 Company Description We empower school districts/boards throughout the United States and Canada to eliminate wasteful spending due to hidden costs associated with transporting students and managing service vehicles. School bus contractors/operators also benefit from our solutions enabling … Continue reading “Everyday Solutions Garners $2,800,000 New Round”
AqueSys Garners $35,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f4f8c12f-f614-41dc-a453-0722fb4d46f2&Preview=1 Date 6/29/2010 Company Name AqueSys Mailing Address 9834 Research Dr. Irvine, CA 92618 Company Description The company is developing a device treatment for primary open angle glaucoma. Website http://www.tif.net/portfolio_aquesys.htm Transaction Type Venture Equity Transaction Amount $35,000,000 Transaction Round Series C Proceeds Purposes The Series C raise is designed to build upon … Continue reading “AqueSys Garners $35,000,000 Series C Financing Round”
SunRun Receives $55,000,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f21523f8-3df1-4999-b407-44620c541a92&Preview=1 Date 6/29/2010 Company Name SunRun Mailing Address 717 Market Street San Francisco, CA 94103 Company Description SunRun is the nation’s first residential solar electricity provider. Pioneering “solar as a service,” SunRun offers the only low-cost, zero-hassle way for homeowners to go solar and is also the only company that lets homeowners … Continue reading “SunRun Receives $55,000,000 Series C Round”
Foursquare Lands $20,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8a7d6fa3-5356-41a7-992f-5318e1cccb95&Preview=1 Date 6/29/2010 Company Name Foursquare Mailing Address 1345 Avenue Of The Americas New York, NY 10000 Company Description We’re all about helping you find new ways to explore the city. We’ll help you meet up with your friends and let you earn points and unlock badges for discovering new places, doing … Continue reading “Foursquare Lands $20,000,000 Series B Funding Round”
DOE Awards $9M for Algae Biotech Center
San Diego’s quest to become a hub for the development of algae-based biofuels got a boost today, with the San Diego Center for Algae Biotechnology (SD-CAB), saying it’s getting the lion’s share of a three-year, $9 million federal Department of Energy grant awarded today. In addition to the $9 million in federal funds, a consortium … Continue reading “DOE Awards $9M for Algae Biotech Center”
Say Goodbye to Greg, Meet Thea on Thursday at Xconomy Open House
Two weeks have gone by since we added Xconomy San Francisco, and a chain reaction of personnel moves to go with it. So it’s about time we have a party. We’re hosting an open house from 4 pm to 7 pm on Thursday, July 1, at our office building at 1102 Columbia St. on First … Continue reading “Say Goodbye to Greg, Meet Thea on Thursday at Xconomy Open House”
Rodney Brooks, Founder of iRobot and Heartland Robotics, To Retire From MIT
Famed robotics expert Rodney Brooks, the former director of MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL), is retiring from academic duties at MIT as of this week. The co-founder and former chief technical officer of Bedford, MA-based iRobot will be focusing full-time on his newest company, Heartland Robotics, based in Cambridge, MA. Brooks’s new … Continue reading “Rodney Brooks, Founder of iRobot and Heartland Robotics, To Retire From MIT”
Tesla Investors Hope IPO Heralds a New Era in Electric Automobiles
San Francisco angel investor Bill Lee says he knew what he was getting himself into four years ago when he decided to invest in Tesla, the Palo Alto, CA electric car company that is expected to go public Tuesday. Much of the media coverage today has focused on the fact that Tesla has not turned … Continue reading “Tesla Investors Hope IPO Heralds a New Era in Electric Automobiles”
MIT Spinout Lantos Lands $1.5M
Lantos Technologies, an MIT spinout focused on imaging technology for hearing and audio applications, plans to announce a $1.5 million round of financing tomorrow, according to a story in The New York Times. The Cambridge, MA-based startup, founded in 2009, is developing technology to provide 3D images of the ear canal, according to its website. … Continue reading “MIT Spinout Lantos Lands $1.5M”
Blu Homes Brings in $7M
Blu Homes, a Waltham, MA-based startup in the green building space, has raised $6.9 million in an equity offering, according to an SEC filing. The company reported the financing earlier last month in a press release, and we also wrote about the deal in our roundup of investments in Massachusetts startups last month. Blu Homes’ … Continue reading “Blu Homes Brings in $7M”
Zacharon Raises $500,000
Zacharon Pharmaceuticals, a San Diego startup that got $3.5 million in venture capital and a $2.2 million research grant in 2008, has raised another $500,000 in additional funding that includes debt, securities, and warrants or rights, according to a recent regulatory filing. The company intends to raise $1.9 million. As Luke reported two years ago, … Continue reading “Zacharon Raises $500,000”
Emerald, Forma Strike Deal
Emerald Biostructures, the Bainbridge Island, WA-based company that produces X-ray crystallography images of drug targets, said today it has formed a partnership with Cambridge, MA-based Forma Therapeutics. The multi-year deal covers multiple targets for cancer drugs that Forma is seeking to develop. Financial terms of the deal aren’t being disclosed, although it will provide salaries … Continue reading “Emerald, Forma Strike Deal”
World Wide Wade Goes West—Episode I: Gloucester, MA
If you don’t know where you started from, it’s harder to figure out where you’re going. That’s why we chose to kick off this week’s special video travelogue series, World Wide Wade Goes West, in a place that’s as East Coast as they come: the historic seaport of Gloucester, MA. While Gloucester is famous for … Continue reading “World Wide Wade Goes West—Episode I: Gloucester, MA”
mSpot Opens Up Freemium Cloud Music Service in a Bid to Pre-empt Apple and Google; In-Depth Q&A with CEO Daren Tsui
MSpot might be the biggest mobile music service you’ve never heard of. The Palo Alto company has been profitable since shortly after its launch in 2004, and its streaming music service has six million users across 10 different wireless carriers in North America. But it white-labels that service, meaning it shows up under names like … Continue reading “mSpot Opens Up Freemium Cloud Music Service in a Bid to Pre-empt Apple and Google; In-Depth Q&A with CEO Daren Tsui”
Tesaro: Former MedImmune CEO’s Firm Writes Check, Cancer Drug Vets Build Pipeline
Tumors are kicking our butt in the war on cancer. What’s more, big drugmakers are cutting their budgets at the expense of some cancer treatments under development. But now there’s Tesaro, a drug development outfit that formed this spring to buy some of those promising therapies for cancer in the early stages of development and … Continue reading “Tesaro: Former MedImmune CEO’s Firm Writes Check, Cancer Drug Vets Build Pipeline”