The West Wireless Health Institute, which wants to become a beacon for mobile health innovations that can help drive down the cost of healthcare, is off to a good start. Get the latest on their funding and partnerships, along with the rest of the news about San Diego’s technology innovations: —The Gary and Mary West … Continue reading “West Wireless Health Institute Gets $25M, Pervasive Raises $6M for Smart Grid Chips, Covario Rolls Out Buzz-Measuring Analytics, & More San Diego BizTech News”
CytoPherx of Ann Arbor Raises $5M For Device To Treat Kidney Failure
CytoPherx, a medical device company based in Ann Arbor, MI, has raised $5 million toward a $7.5 million Series B round, according to VentureWire and a June 11 regulatory filing. CytoPherx is a portfolio company of Apjohn Ventures, based in Kalamazoo, MI, which participated in the round led by Diamond Capital Partners in Los Angeles. … Continue reading “CytoPherx of Ann Arbor Raises $5M For Device To Treat Kidney Failure”
Pawan Deshpande, Son of Desh Deshpande, Launches Software for Automating Corporate Blogging
Having your son follow in your footsteps seems like a pretty good Father’s Day present. Pawan Deshpande, son of well-known Boston-area entrepreneur Gururaj “Desh” Deshpande, is announcing the formal launch of his Cambridge-based startup HiveFire‘s software product today. The younger Deshpande’s technology and market differ greatly from his father’s ventures (which include optical switch maker … Continue reading “Pawan Deshpande, Son of Desh Deshpande, Launches Software for Automating Corporate Blogging”
Meet Xconomy Seattle’s Newest Team Member: Thea Chard
We played musical chairs last week at Xconomy, as we expanded into the San Francisco Bay Area. One of the important moves will become clear today, as I’m happy to introduce the newest member of our editorial team in Seattle, Thea Chard. Thea (pronounced TAY-uh) is trekking over to our First Hill office today for … Continue reading “Meet Xconomy Seattle’s Newest Team Member: Thea Chard”
You Can Go Home Again: Five Themes to Watch in the Boston Innovation Scene
Sometimes you have to leave a place in order to really appreciate it. That’s not the case for me and Boston. I’ve always loved this area—but coming home after a two-year stint away makes for a nice opportunity to put my appreciation down in words. So, as the incoming Editor of Xconomy Boston, I hope … Continue reading “You Can Go Home Again: Five Themes to Watch in the Boston Innovation Scene”
SF and Silicon Valley: Drop the Incrementalism and Invest in True Innovation
“Just as energy is the basis of life itself and ideas the source of innovation, so is innovation the vital spark of all human change, improvement and progress”—Theodore Levitt I have lived in the Seattle area for many years, and I spend a fair amount of time interacting with senior executives and fellow venture capitalists … Continue reading “SF and Silicon Valley: Drop the Incrementalism and Invest in True Innovation”
Reg Kelly, Scotsman from Humble Roots, Finds New Purpose at QB3 in Mission Bay
One of the leaders of the renaissance in biomedical research and entrepreneurship in San Francisco’s Mission Bay district almost didn’t have a chance to go to college. Reg Kelly, the director of the California Institute for Quantitative Biosciences (QB3), was born 70 years ago in Edinburgh, Scotland, into a family so poor that he couldn’t … Continue reading “Reg Kelly, Scotsman from Humble Roots, Finds New Purpose at QB3 in Mission Bay”
Metcalfe Says Gore Is Back for Another Bubble, Fitton Likens Raising Angel Funding to Dating, Xconomy CEO Sings New England’s Praises (Literally), and More XSITE 2010 Highlights
Thanks to everyone who made it out to Babson College for the 2010 Xconomy Summit on Innovation, Technology, & Entrepreneurship! We had a great crowd, representing all slices of the innovation community here in New England. And we heard some new, off-the-cuff perspectives from some familiar faces, as well as talks from emerging companies and … Continue reading “Metcalfe Says Gore Is Back for Another Bubble, Fitton Likens Raising Angel Funding to Dating, Xconomy CEO Sings New England’s Praises (Literally), and More XSITE 2010 Highlights”
Jackpot Rewards Lands $14,100,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=513aaf23-c2c1-45b0-a10f-effcaf9859ab&Preview=1 Date 6/21/2010 Company Name Jackpot Rewards Mailing Address 275 Grove Street Newton, MA 02466 Company Description The company operates on online lottery website. Website http://www.jackpotrewards.com Transaction Type Debt Transaction Amount $14,100,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Undisclosed
Opscode Obtains $11,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ddf5d931-ad89-4c39-b791-4fe590c2a4fa&Preview=1 Date 6/21/2010 Company Name Opscode Mailing Address 1008 Western Ave #600 Seattle, WA 98104 Company Description Opscode is building the best systems integration and automation platform on the planet. We are some of the most respected and well-known systems engineers, software developers, and systems architects in the world, who have built … Continue reading “Opscode Obtains $11,000,000 Series B Financing Round”
CytoPherx Lands $5,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4c375f11-3dbc-4a12-aff4-856e7531927a&Preview=1 Date 6/21/2010 Company Name CytoPherx Mailing Address 401 W. Morgan Rd. Ann Arbor, MI 48108 Company Description CytoPherx, Inc., founded in July 2007 and headquartered in Ann Arbor, Michigan, is a venture-backed, clinical stage medical device company addressing inflammation-based diseases and conditions with a proprietary selective cytopheresis system. The Company’s products … Continue reading “CytoPherx Lands $5,000,000 New Funding”
Inform Technologies Garners $4,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3c9b9435-7234-49db-8fbe-bb2d31301a0b&Preview=1 Date 6/21/2010 Company Name Inform Technologies Mailing Address 44 East 30th Street 11th Floor New York, NY 10016 Company Description Inform Technologies is a new technology solution for established media brands that automatically searches, organizes and links content to provide a rich, compelling experience that attracts and retains readers. With editorial-quality … Continue reading “Inform Technologies Garners $4,000,000 New Funding Round”
SpareFoot Obtains $2,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=11409850-2cd7-4439-b60b-3d1a05149690&Preview=1 Date 6/21/2010 Company Name SpareFoot Mailing Address 720 Brazos Street Austin, TX 78701 Company Description The SpareFoot marketplace has storage listings of all shapes and sizes, with everything from the units at your local self-storage facility to the garage, bedroom or parking spot at your neighbor’s house. In the same way … Continue reading “SpareFoot Obtains $2,000,000 Series B Financing Round”
eGistics Receives $1,250,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f0f28f43-deb8-4f10-b56c-51347f5169bd&Preview=1 Date 6/21/2010 Company Name eGistics Mailing Address 17304 Preston Road Dallas, TX 75252 Company Description eGistics is leading the change in how images and data are archived, managed and delivered. Website http://www.egisticsinc.com Transaction Type Venture Equity Transaction Amount $1,250,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms … Continue reading “eGistics Receives $1,250,000 New Funding Round”
Waldo Networks Obtains $748,990 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=93ff65e6-9894-4f02-9f3f-bb47312b8257&Preview=1 Date 6/21/2010 Company Name Waldo Networks Mailing Address 4505 Spicewood Springs Road Austin, TX 78759 Company Description Waldo Health is a leader in the development of low-cost easy-to-use equipment and systems for home health care and remote monitoring applications. Based on system on a chip technology and the Internet, Waldo Health’s … Continue reading “Waldo Networks Obtains $748,990 Series A Funding”
MIT Enterprise Forum: Summer Wine Social
San Diego’s MIT Enterprise Forum hosts its signature wine social and networking event for San Diego’s technology and biotechnology community. Attended by more than 600 founders and executives of growth companies, business development personnel, investors, and service providers, this industry networking social offers an opportunity to connect in a relaxed and inspiring setting.
Creating and Communicating Value Messages
Having the capability to demonstrate your products’ value is only part of the solution to the challenge of getting customers to believe in your value story. A key to success in the implementation of a pricing and reimbursement strategy is to be able to present evidence of value in the context of a compelling story … Continue reading “Creating and Communicating Value Messages”
Bill Walton on the Winning Mindset
Bill Walton, who gained superstar status at UCLA under John Wooden and “the Pyramid of Success,” has acquired some notions of his own about a winning mindset. After undergoing surgery for excruciating back pain, Walton is now an active leader in the San Diego business community, serving as executive chairman of Connect’s San Diego Sport … Continue reading “Bill Walton on the Winning Mindset”
Biocom Legislative Roundtable and Lunch with U.S. Rep. Bob Filner
Congressman Bob Filner, D-Chula Vista, has been an active member of San Diego’s political scene for more than three decades and was first elected to Congress in 1992. He has been an outspoken advocate for health screening programs and research related to diseases, specifically directed to the African-American, Latino and Asian communities. Biocom has organized … Continue reading “Biocom Legislative Roundtable and Lunch with U.S. Rep. Bob Filner”
Wireless Health Expo and Presentation on Healthcare Reform
How does the recently passed Patient Protection and Affordable Care Act change the way San Diego’s mobile health and life sciences companies conduct business? CommNexus has organized a panel discussion that includes West Wireless Health Institute CEO Don Casey, Sharp Hospitals CEO Mike Murphy, and CareFusion CEO Dave Schlotterbeck. What are the opportunities, threats and … Continue reading “Wireless Health Expo and Presentation on Healthcare Reform”
Osmosis Membrane Summit
Norway’s Statkraft, Europe’s largest renewable energy company, has organized a two-day conference in San Diego that covers use of the osmotic effect in desalination and power production. The summit is part of the American Membrane Technology Association’s annual meeting. Recent university and industry research efforts aim to improve membrane properties and make it possible to … Continue reading “Osmosis Membrane Summit”
Connect’s 2010 Most Innovative Product Awards
Join Connect at a luncheon and award ceremony for the 23rd Annual Most Innovative Product Awards in eight categories: Action Sports Technologies; Aerospace and Security Technologies; Cleantech; Communications and IT; Life Sciences, diagnostic and research tools; Life Sciences, medical products; Software. More information and online registration is here.
Venture Summit: Life Technologies CEO Greg Lucier and Former Sen. Tom Daschle
The San Diego Venture Group’s eighth annual venture summit features former Sen. Tom Daschle, who will give a keynote address followed by a one-on-one chat with Carlsbad, CA-based Life Technologies CEO Greg Lucier. They are expected to discuss issues in healthcare, life sciences, cleantech, and international business growth. More information and online registration is here.
Maritime Robotics: Unmanned Underwater and Surface Craft
The Security Network and the San Diego chapter of the Association for Unmanned Vehicle Systems International (AUVSI) have organized two panel discussions on maritime robotics. Speakers from San Diego’s SeaBotix and invited speakers from UCSD’s Scripps Institution of Oceanography will address underwater uses for unmanned robotic vehicles. Speakers from Harbor Wing Technologies, Liquid Robotics, Lorimar, … Continue reading “Maritime Robotics: Unmanned Underwater and Surface Craft”
Energy Storage on the Grid: Industry Overview, Technologies, and Challenges
Developing technologies to store energy so the power grid can meet demand represents a major challenge in electricity distribution and a necessity for utilities facing a state mandate to get a third of their energy from renewable sources by 2020. CleanTALK San Diego, in partnership with PROVEN Inc., CleanVenture, and the Charged2020 conference, is hosting … Continue reading “Energy Storage on the Grid: Industry Overview, Technologies, and Challenges”
WBBA, Life Sciences Discovery Fund Open House
At this co-hosted open house, guests mingle with LSDF Trustees and donors, WBBA board and executive committee Members, Washington state and federal legislators, and life sciences executives from across Washington State and the Queensland Alliance. For more information on this year’s event, click here.
Healthcare IT: WBBA Event
Healthcare IT provides the umbrella framework for the comprehensive management of health information and its secure exchange between consumers, providers, government and quality entities, and insurers. Where is this technology going and how is it being used in our region? The Washington Biotechnology & Biomedical Association is bringing together leaders from Microsoft, hospitals, and life … Continue reading “Healthcare IT: WBBA Event”
TechFlash Live: Summer BBQ & Ping Pong Tournament
TechFlash is organizing its second annual summer barbecue and ping pong tournament on July 28 at the Showbox Sodo. For more information on how to register, click here.
San Diego Police Investigating Angel Investor’s Death as Homicide
San Diego police have launched a homicide investigation into the death of John G. Watson, a retired biotech executive and board member of the San Diego Tech Coast Angels, according to members of the startup investment group who were close to Watson. Watson’s body was found in the bedroom of his La Jolla Apartment on … Continue reading “San Diego Police Investigating Angel Investor’s Death as Homicide”
Solar Day, Born in San Francisco, Radiates to Dozens of Cities
After 40 years of observances, you probably know that April 22 is Earth Day. But you may not have known that tomorrow, June 19, is SolarDay. Billed by its organizers as a chance for alternative energy activists and solar energy entrepreneurs to highlight the solar technology options and government rebate and incentive programs available to … Continue reading “Solar Day, Born in San Francisco, Radiates to Dozens of Cities”
West Wireless Health Institute Marks Its Debut With Swanky Soiree, Hints of Venture Fund
In early 2009, when the nation was in a full-blown recession, San Diego’s tech community was taken aback by the size of a $45 million grant that Midwestern telemarketing billionaires Gary and Mary West made through their family foundation to create the West Wireless Health Institute. Since then, Gary and Mary West have doubled their … Continue reading “West Wireless Health Institute Marks Its Debut With Swanky Soiree, Hints of Venture Fund”
Gilead CF Drug Passes Trial
Gilead Sciences (NASDAQ: [[ticker:GILD]]) said today its inhalable antibiotic for cystic fibrosis beat a rival drug in a head-to-head clinical trial. The Gilead treatment, aztreonam lysine, was compared with Novartis’ inhalable antibiotic, tobramycin (Tobi), in 273 patients, most of whom had already gotten three cycles of the Novartis drug in the year before they entered … Continue reading “Gilead CF Drug Passes Trial”
Prime View Adopts E Ink Name
Prime View International, the Hsinchu, Taiwan-based display manufacturer that acquired Cambridge, MA-based E Ink last year for a price that eventually amounted to $450 million, announced today that its entire operation will now go by the name E Ink Holdings Incorporated. Along with the electrophoretic screens developed by E Ink over the last 13 years—which … Continue reading “Prime View Adopts E Ink Name”
Meet Greg, and Say Goodbye to Wade, Next Tuesday at Cambridge Brewing Company
By now most Xconomy fans know that we’re in the middle of a big game of musical chairs inside the company. Well, next Tuesday night will be your chance to join the fun. We’re throwing an open party at the Cambridge Brewing Company, at One Kendall Square in Cambridge, to welcome Greg Huang, who’s leaving … Continue reading “Meet Greg, and Say Goodbye to Wade, Next Tuesday at Cambridge Brewing Company”
Genomics & The Consumer: The Present and Future of Personalized Medicine
Leroy Hood, the president of the Institute for Systems Biology in Seattle, will be the keynote speaker at an event on the present and future of personalized medicine, organized by California State Senator Alex Padilla and 23andMe. Attendance is free, lunch is provided, attendance is limited. For more information on how to register, click here.
Memorial Service for Theraclone CEO Dave Fanning Set for Tuesday
Here’s a quick update to the obituary about Theraclone Sciences CEO David Fanning. A memorial service has been scheduled for 1:30 pm on Tuesday, June 22, at Grace Episcopal Church on Bainbridge Island, 8595 NE Day Road. Directions can be found on the church website. Steve Gillis, the managing director of Arch Venture Partners and … Continue reading “Memorial Service for Theraclone CEO Dave Fanning Set for Tuesday”
Goodbye, Boston
Who was it who wrote, “If Silicon Valley didn’t exist, Boston would have to invent it in order to have someplace to feel inferior to”? Oh wait, that was me. It was a snarky thing to say—but it was back in February 2009, and I was feeling piqued at the time about calls for a … Continue reading “Goodbye, Boston”
Stanford Biodesign, a Hothouse for Medical Devices, Shares its Secret Sauce for Invention
Stanford’s Program in Biodesign assesses its would-be and current fellows much as a lot of other elite graduate programs do. It looks at their academic record of achievement, their creative potential, and what they go on to accomplish in life. But one thing really struck me as unusual when I was on campus last week … Continue reading “Stanford Biodesign, a Hothouse for Medical Devices, Shares its Secret Sauce for Invention”
Step One Toward Sustainable Innovation: Stop Overpaying Employees
1. Stop overpaying employees. Jobs now have inflated value because most companies assume that everyone they employ or hire is above average, which is a mathematical impossibility. 2. Stop poaching staff from other companies, which disrupts many companies and poisons worker attitudes. The “me, first” culture encourages too many job changes and companies are now … Continue reading “Step One Toward Sustainable Innovation: Stop Overpaying Employees”
San Diego’s Neurocrine Biosciences Scores Second Big Deal in Two Days
Neurocrine Biosciences, which looked like it was stuck perpetual retrenchment-mode, just pulled off its second big deal in two days. Yesterday, the San Diego biotech agreed to grant German drug maker Boehringer Ingelheim worldwide rights to experimental diabetes drugs. Neurocrine will get an upfront payment of $10 million and milestone payments of up to $225 … Continue reading “San Diego’s Neurocrine Biosciences Scores Second Big Deal in Two Days”
Motricity Completes IPO, Settles For $50M
Motricity found a limited appetite from Wall Street for its IPO, but it decided to seal the deal anyway. The Bellevue, WA-based maker of wireless technologies completed its IPO, by selling 5 million shares at $10 apiece. That offering is a long shot from what Motricity (NASDAQ: [[ticker:MOTR]]) originally hoped it would fetch when it … Continue reading “Motricity Completes IPO, Settles For $50M”
How Seattle Startups Could Lead the World: Five Technology Themes to Watch
As I reflect on my time in the Northwest, I find myself gravitating toward the bigger picture: which areas of technology and business innovation is this region poised to really own over the next few years? After giving us the likes of Microsoft, Amazon, Boeing, McCaw Cellular, and Starbucks, surely Seattle is ready for an … Continue reading “How Seattle Startups Could Lead the World: Five Technology Themes to Watch”
Curis Misses Mark in Cancer Drug Trial, Genzyme Re-Elects Full Board, GTC Cuts Jobs, & More Boston-Area Life Sciences News
This week we saw news from Genzyme’s much-awaited annual meeting, in addition to funding news and profiles of startups with Boston roots and West Coast backing. —Nonprofit organization Women Entrepreneurs in Science and Technology held its third annual Leadership Awards celebration. Three of the four award winners were from life sciences companies: On-Q-ity CEO Mara … Continue reading “Curis Misses Mark in Cancer Drug Trial, Genzyme Re-Elects Full Board, GTC Cuts Jobs, & More Boston-Area Life Sciences News”
Ace Metrix Secures New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=88861224-16fb-464b-bea9-fb2f1b013ca6&Preview=1 Date 6/18/2010 Company Name Ace Metrix Mailing Address 1950 Sawtelle Boulevard Los Angeles, CA 90025 Company Description At Ace Metrix, the ad guys joined with innovative researchers and technology experts to create a new way of providing traditional copy testing, tracking studies and trending analysis. Website http://www.acemetrix.com Transaction Type Venture Equity … Continue reading “Ace Metrix Secures New Round”
Solyndra Obtains $175,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0ddf9efb-d99d-400f-8b06-340c70f2d750&Preview=1 Date 6/18/2010 Company Name Solyndra Mailing Address 47700 Kato Road Fremont, CA 94538 Company Description The company is developing high efficiency photovoltaics for the generation of solar power. Website http://www.solyndra.com Transaction Type Debt Transaction Amount $175,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds from the sales of such notes will be used … Continue reading “Solyndra Obtains $175,000,000 New Round”
Cellixis Receives $1,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5b8ac9be-5bba-43a0-b6f5-42b8b7abd1d6&Preview=1 Date 6/18/2010 Company Name Cellixis Mailing Address 825 E. Middlefield Rd. Mountain View, CA 94043 Company Description The company is developing a recommendation engine for mobile phones. Website http://www.cellisix.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor … Continue reading “Cellixis Receives $1,000,000 Series A Financing”
IncellDx Secures $3,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=05514826-9df0-4d93-ac15-6a912152284f&Preview=1 Date 6/18/2010 Company Name IncellDx Mailing Address 1700 El Camino Real Menlo Park, CA 94027 Company Description IncellDx is molecular diagnostics company Dedicated to revolutionizing healthcare one cell at a time. By combining molecular diagnostics with high throughput cellular analysis, we focus on critical life threatening diseases such as HIV/AIDs, HPV/Cervical … Continue reading “IncellDx Secures $3,000,000 Series A Round”
Consona Acquires Compiere for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f633c7ab-0475-4261-8866-c53aa2145f5b&Preview=1 Date 6/18/2010 Company Name Compiere Mailing Address 3600 Bridge Parkway Redwood Shores, CA 94065 Company Description Compiere, Inc. brings open source enterprise resource planning and customer relationship management solutions to small and medium-sized businesses worldwide. Website http://www.compiere.org Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms … Continue reading “Consona Acquires Compiere for Undisclosed Sum”
OnRequest Images Garners $2,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bf5d8850-9368-4f62-b42f-b287a2b298d2&Preview=1 Date 6/18/2010 Company Name OnRequest Images Mailing Address 1415 Western Avenue Seattle, WA 98101 Company Description OnRequest Images, the world’s leading provider of OnBrand custom imagery, works closely with top corporations to build stronger brands with original, brand-centric photography. OnRequest Images’ technology-driven services have enabled Fortune 1,000 companies to increase brand … Continue reading “OnRequest Images Garners $2,000,000 New Funding”
Carena Obtains $1,339,450 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=668d50cf-3556-454b-95a1-d25720270a4e&Preview=1 Date 6/18/2010 Company Name Carena Mailing Address 1601 5th Avenue Seattle, WA 98101 Company Description Carena provides a new model of health care delivery for innovative, self-insured companies of all sizes. Through our care programs, our physicians provide in-person medical care and education 24 hours a day, seven days a week, … Continue reading “Carena Obtains $1,339,450 New Funding”