San Diego has a new semiconductor startup, courtesy of venture funding from the Bay Area. San Diego-based Pervasive, a fabless semiconductor design company that is focused on smart grid applications, raised $6 million from investors, according to a recent filing with securities regulators. The startup’s founding president and CEO is Reza Mirkhani, a former director … Continue reading “San Diego Fabless Startup Gets $6M to Pursue Smart-Grid Chip”
Polaris Raises $234M for New Fund, BioScale Pins Down $25M, Clinical Data Nets $30M, & More Boston-Area Deals News
New England-area deal-making news came back with a roar in the last week. We saw headlines of stock sales, myriad stages of venture funding, acquisitions, and a top venture capital firm’s moves to raise money for a new fund. —Etouches, a Ridgefield, CT-based meeting planning company turned software-as-a-service business, said it raised $2.5 million in … Continue reading “Polaris Raises $234M for New Fund, BioScale Pins Down $25M, Clinical Data Nets $30M, & More Boston-Area Deals News”
GTC Biotherapeutics Lands $7,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6f171dfb-9129-4d0a-ab32-4f9a3d3a2048&Preview=1 Date 6/16/2010 Company Name GTC Biotherapeutics Mailing Address 175 Crossing Blvd. Framingham, MA 01702 Company Description GTC Biotherapeutics develops, produces, and commercializes therapeutic proteins through transgenic animal technology. ATryn, our recombinant form of human antithrombin, is the first transgenically produced protein to be approved anywhere in the world, having recently been … Continue reading “GTC Biotherapeutics Lands $7,000,000 New Financing”
Affirmed Networks Garners $10,900,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f607bc20-be29-4b2f-9521-6fef0c5c195f&Preview=1 Date 6/16/2010 Company Name Affirmed Networks Mailing Address 1000 Winter St. Waltham, MA 02451 Company Description The company is developing unspecified telecom related technologies. Website Undisclosed Transaction Type Venture Equity Transaction Amount $10,900,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Charles River Ventures Venture … Continue reading “Affirmed Networks Garners $10,900,000 New Financing”
Predictive BioSciences Obtains $25,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=54ef47c0-3617-4ab9-8ae7-a9b0c53529c7&Preview=1 Date 6/16/2010 Company Name Predictive BioSciences Mailing Address 128 Spring Street 400 Level B Annex Lexington, MA 02421 Company Description Predictive Biosciences is a molecular diagnostics company headquartered in Lexington, MA. Launched in 2006 with a $10 million Series A financing, the company was jointly founded by leading healthcare investors, experienced … Continue reading “Predictive BioSciences Obtains $25,000,000 Series C Funding”
Boston Biomedical Garners $2,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cb2a5530-786d-422b-b07b-dbb3f50a000f&Preview=1 Date 6/16/2010 Company Name Boston Biomedical Mailing Address 333 Providence Hwy. Norwood, MA 02062 Company Description Boston Biomedical, Inc. is a privately held biotechnology company focusing on research and development of novel therapeutics to treat cancer. Website http://www.Bostonbiomedical.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds Purposes Specific … Continue reading “Boston Biomedical Garners $2,000,000 New Funding”
Pervasive Obtains $6,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bac751e2-e44c-4cfb-88a9-f071c53b41b4&Preview=1 Date 6/16/2010 Company Name Pervasive Mailing Address 4840 Almondwood Way San Diego, CA 92130 Company Description We are a venture backed System on a Chip (SoC) company focused on providing Power Line Communication (PLC) and control solutions for Smart GRID applications. Website http://www.pervasiveinc.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction … Continue reading “Pervasive Obtains $6,000,000 New Funding”
GageIn Receives New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1f885736-4b40-4b76-b127-5293369517f7&Preview=1 Date 6/16/2010 Company Name GageIn Mailing Address 1901 Nobili Avenue Santa Clara, CA 95051 Company Description GageIn is an integrated online platform for users to track businesses, connect businesses and grow businesses through effectively staying informed of market trends, uncovering business opportunities and expanding business relationships. Website http://www.gagein.com Transaction Type Venture … Continue reading “GageIn Receives New Financing Round”
CarrierIQ Secures $12,000,000 Series D Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e5345956-fef7-4414-8b93-5baf9740b4d3&Preview=1 Date 6/16/2010 Company Name CarrierIQ Mailing Address 1200 Villa Street Mountain View, CA 94041 Company Description Carrier IQ eliminates guesswork by automatically providing accurate, real-time data direct from the source—your customers’ handsets. Our powerful platform aggregates, analyzes and delivers that data via easy-to-use web applications that help wireless carriers make smart … Continue reading “CarrierIQ Secures $12,000,000 Series D Financing”
Bill.com Lands $8,500,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=db382926-35bf-465f-b97f-fc0f79556214&Preview=1 Date 6/16/2010 Company Name Bill.com Mailing Address 3250 Ash Street Palo Alto, CA 94306-2242 Company Description Bill.com is an online bill management service that simplifies and automates business finances. Bill.com allows companies to pay, receive and send bills with the click of a mouse, saving substantial time so companies can focus … Continue reading “Bill.com Lands $8,500,000 Series C Financing Round”
Gaia Metrics Secures $500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cba6ddae-8465-48ec-a0ce-c514b2e63a1a&Preview=1 Date 6/16/2010 Company Name Gaia Metrics Mailing Address 48 Grove St. Somerville, MA 02144 Company Description Gaia Metrics helps companies and investors discover, qualify and truly understand the financial risk attached to environmental and social factors in their operations and supply chains. Website http://www.gaia-metrics.com Transaction Type Venture Equity Transaction Amount $500,000 … Continue reading “Gaia Metrics Secures $500,000 New Financing Round”
Recurve Garners $8,100,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=09a19b48-632d-46f1-a437-30c28d8d0ac5&Preview=1 Date 6/16/2010 Company Name Recurve Mailing Address 1167 Mission St 2nd Floor San Francisco, CA 94103 Company Description Recurve has developed a holistic approach to home performance contracting that treats the home as a system. Our experience in a wide range of home improvement technologies and contracting allows us to identify … Continue reading “Recurve Garners $8,100,000 New Funding”
KXEN Garners $8,000,000 Series D Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7d5fd389-a605-47f2-a519-ed6ef743a6d0&Preview=1 Date 6/16/2010 Company Name KXEN Mailing Address 201 Mission St. San Francisco, CA 94105 Company Description KXEN provides next generation business analytics software to drive better corporate decisions. KXEN’s unmatched speed, ease of use and scalability enable leading companies around the world to expand the use of predictive analytics and enhance … Continue reading “KXEN Garners $8,000,000 Series D Financing”
Stion Corporation Lands $50,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d419a12f-4c85-4dd1-ac99-f4f4b0f462a0&Preview=1 Date 6/16/2010 Company Name Stion Corporation Mailing Address 6321 San Ignacio Avenue San Jose, CA 95119 Company Description Stion Corporation (formerly NStructures) is a solar photovoltaics company developing high-efficiency thin-film modules. The Company is aiming to minimize the total installed system costs of solar electricity. Website http://www.stion.com Transaction Type Venture Equity … Continue reading “Stion Corporation Lands $50,000,000 New Round”
Magnetic Garners $4,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2b476350-ed80-4e7f-b1c8-d0ff33c1e3a9&Preview=1 Date 6/16/2010 Company Name Magnetic Mailing Address 311 W. 43rd St. New York, NY 10036 Company Description Magnetic is search re-targeting. The Magnetic data marketplace empowers advertisers and publishers to use search data as the key indicator of intent and re-target campaigns to the most relevant audience online. With more than … Continue reading “Magnetic Garners $4,000,000 Series A Financing”
How I Caught the Global Health Bug: An Evening with Ray Suarez
What are the most pressing and underreported global health issues of our time? What global health successes are transforming the way people live today? As we look forward, what are the emerging global health threats? What are the prospects for vaccines for today’s most deadly diseases, such as HIV/AIDS, Malaria, and Tuberculosis? And, why does … Continue reading “How I Caught the Global Health Bug: An Evening with Ray Suarez”
Elemental Adds $7M Equity
Elemental Technologies, the Portland, OR-based video processing startup, has raised $7.1 million in equity financing out of a round that could be worth $9 million over time, according to a regulatory filing. Greg profiled the company back in April, when it unveiled a real-time video encoding system to enable broadcasters, media companies, and cable networks … Continue reading “Elemental Adds $7M Equity”
Alverix Names Tarbox as CEO
Alverix, a San Jose, CA-based company that specializes in point-of-care biomedical diagnostics, named Richard “Ric” Tarbox as CEO. Tarbox, a former senior VP of corporate development at San Diego-based Quidel, was most recently the vice president of strategy management at Cardinal Health (NYSE: [[ticker:CAH]]). Alverix, which got $7.7 million in venture funding in 2008 from … Continue reading “Alverix Names Tarbox as CEO”
Anaphore Names 2 to Board
Anaphore, a San Diego biotech that occupies a different corner of the same building as Xconomy San Diego, recently named Russell G. Greig, the retired president of SR One as its executive chairman. Greig capped his almost 30-year career at GlaxoSmithKline as head of its venture arm, and Anaphore was a portfolio company. Anaphore, which … Continue reading “Anaphore Names 2 to Board”
NanoBio, Grand River Granted Tax Credits
Two Ann Arbor, MI, companies have been given tax credits from the state of Michigan in exchange for commitments to expand and hire more workers over the next five years. Biopharmaceutical company NanoBio received tax credits valued at $434,378 to be used for a planned $1.4 million expansion and to hire 32 more people on … Continue reading “NanoBio, Grand River Granted Tax Credits”
FoldRx Pharma Finds $29M, Plans to Seek Approval of First Drug in 2010
FoldRx Pharmaceuticals has rallied new and previous investors to raise $29 million in a round of bridge financing, the company reports today. The Cambridge, MA-based biotech firm’s new round included new investors Novo Ventures and Morgenthaler Ventures. Existing investors participating in the round included Alta Partners, Fidelity Biosciences, HealthCare Ventures, Novartis Venture Funds, and TPG … Continue reading “FoldRx Pharma Finds $29M, Plans to Seek Approval of First Drug in 2010”
Tesla Motors Sets IPO Price
Tesla Motors, the Palo Alto and San Carlos, CA-based maker of high-end electric sports cars, revealed the terms for its upcoming initial public offering in an updated filing with the Securities and Exchange Commission today. The company hopes to sell 10 million shares of common stock at $14 to $16 per share, which would bring … Continue reading “Tesla Motors Sets IPO Price”
Xconomy’s Journey Stretches to the ‘Next World’: San Francisco
San Francisco, ever since its first boom time in the Gold Rush era, has exerted a strange and powerful pull on the rest of the world. Oscar Wilde felt it—“It is an odd thing, but every one who disappears is said to be seen at San Francisco,” he wrote in The Picture of Dorian Gray … Continue reading “Xconomy’s Journey Stretches to the ‘Next World’: San Francisco”
Michigan State’s InPore Hopes to Churn Out Better Wind Turbines Through Chemistry
Michigan State University spinout InPore Technologies makes a particle that, when mixed with other materials, makes plastic stronger, lighter, cheaper, and more flame-retardant. Yeah. I know. Doesn’t sound all that sexy. It really is, but we’ll get to that in a moment. First, the reason the East Lansing, MI-based company recently earned a $100,000 paycheck … Continue reading “Michigan State’s InPore Hopes to Churn Out Better Wind Turbines Through Chemistry”
Genzyme Borrows $1B for Stock Buyback
Genzyme is raising cash to buy shares of its own stock, in a move that will mean taking on debt to gain more control of its shares. The Cambridge, MA-based biotech powerhouse (NASDAQ:[[ticker:GENZ]]) reports today that it will sell $1 billion in corporate debt to complete the first part of a $2 billion share buyback … Continue reading “Genzyme Borrows $1B for Stock Buyback”
LS9, Creator of Synthetic Microbes to Make Biofuel, Edges Toward Moment of Truth
Every hot startup has to put up or shut up at some point. This is when it’s time to stop talking about the gee-whiz founding idea and scientific progress. It’s the point when a company needs to prove it can operate a disciplined, sustainable business. The moment is fast approaching for LS9. LS9, the South … Continue reading “LS9, Creator of Synthetic Microbes to Make Biofuel, Edges Toward Moment of Truth”
$3.8M Supports Ecohaus in SF
Ecohaus, the Seattle-based retail chain selling eco-friendly building materials, has raised $3.8 million in new financing, according to regulatory documents filed last week. CEO Rik Tokuno told Venture Wire that the funding, which came from existing investors Catamount Ventures, Mindful Investors, and Selby Ventures, will help to support the chain’s newest location, which opened this … Continue reading “$3.8M Supports Ecohaus in SF”
Qualcomm Bids $1B for Spectrum in India, Software Analytics Target Smart Grid, San Diego Expects Diverse Run of Electric Vehicles, & More San Diego BizTech News
Qualcomm dominated San Diego’s BizTech news last week, with the kickoff of its World Cup coverage on FLO TV, making a $1 billion bid for broadband spectrum in India, and an acquisition in the Netherlands. You can get that and more here. —Qualcomm (NASDAQ: [[ticker:QCOM]]) says it’s the provisional winner after bidding more than $1 billion … Continue reading “Qualcomm Bids $1B for Spectrum in India, Software Analytics Target Smart Grid, San Diego Expects Diverse Run of Electric Vehicles, & More San Diego BizTech News”
Modumetal Closes Series B, TerraPower Pulls In $35M, Vertafore Bought for $1.4B, & More Seattle-Area Deals News
Just because I’m not going to be Seattle editor anymore doesn’t mean I won’t miss these roundups. In the past week, we’ve seen some very interesting deals news from Northwest companies in the fields of energy, materials, and software. Here were a few of the top highlights. —Nuclear-power startup TerraPower, based in Bellevue, WA, raised … Continue reading “Modumetal Closes Series B, TerraPower Pulls In $35M, Vertafore Bought for $1.4B, & More Seattle-Area Deals News”
Invest in Biotech, Or Watch the U.S. Health Innovation Edge Slip Away
Not everyone understands the way that new medical treatments, diagnostics, medicines, therapies and the like are created. It’s a long, expensive process, mostly the realm of scientists and engineers. But anyone who’s ever been concerned about a sick family member, or a loved one succumbing to disease, can appreciate what these scientists and their discoveries … Continue reading “Invest in Biotech, Or Watch the U.S. Health Innovation Edge Slip Away”
Hatching a Lark: An Entrepreneur’s Journey Through the Business Plan Competitions
Startups are constantly using biology jargon—phrases like “incubation,” “entrepreneurial ecosystem,” “symbiotic relationships.” I never fully appreciated these analogies until this year, when my team and I became the sleep-deprived but happy parents of Lark Technologies, Inc., or Lark for short. We have been diligently incubated by many university competitions—kept at a suitable temperature in a … Continue reading “Hatching a Lark: An Entrepreneur’s Journey Through the Business Plan Competitions”
The Rise of Evernote: An Interview with CEO Phil Libin (Part 1)
The paperless office is a pipe dream. But these days, the bulk of the information that knowledge workers encounter every day is born digital, not on paper. As long as there’s an easy way to store and retrieve the important snippets, there’s a diminishing need to print any of it. That’s where companies like Evernote … Continue reading “The Rise of Evernote: An Interview with CEO Phil Libin (Part 1)”
Three University Teams Get Early Stage Funding
A collaborative program coordinated by the San Diego mayor’s office will provide a total of $150,000 in grants to help commercialize cleantech technologies being developed by three research teams at UC San Diego and San Diego State University. The pre-seed funding comes at a time when local VC funding has evaporated, and many local technologists … Continue reading “Three University Teams Get Early Stage Funding”
Stonewedge Obtains $1,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=15fdf231-9624-44b5-ac77-16afb579cacc&Preview=1 Date 6/15/2010 Company Name Stonewedge Mailing Address 28 Andover St. Andover, MA 01810 Company Description Stonewedge is developing its core platform with a focus on the requirements of older adults, their care givers and families. Stonewedge products will elevate the delivery, quality and efficiency of health and wellness services provided to … Continue reading “Stonewedge Obtains $1,000,000 New Financing Round”
FoldRx Pharmaceuticals Garners $29,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=582cabb3-5e08-43b2-acb3-f789a66fc3d1&Preview=1 Date 6/15/2010 Company Name FoldRx Pharmaceuticals Mailing Address 100 Acorn Park Drive 5th Floor Cambridge, MA 02140 Company Description FoldRx is a leader in the discovery and development of first in class disease modifying drug therapies for diseases of protein misfolding and amyloidosis. Website http://www.foldrx.com Transaction Type Venture Equity Transaction Amount … Continue reading “FoldRx Pharmaceuticals Garners $29,000,000 New Financing”
Machinima.com Garners $9,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2d4c7bde-6bf3-45b5-87d9-57d2a0359cca&Preview=1 Date 6/15/2010 Company Name Machinima.com Mailing Address 140 South Citrus Ave Los Angeles, CA 90040 Company Description Machinima.com is the premiere online entertainment network showing original videos from your favorite video games. Watch thousands of trailers, gameplay, montages, music videos and original machinima series and movies created in World of Warcraft, … Continue reading “Machinima.com Garners $9,000,000 Series B Financing”
Cardiovascular Simulation Receives $10,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6cc72160-75fa-4281-a341-0ac638f4df60&Preview=1 Date 6/15/2010 Company Name Cardiovascular Simulation Mailing Address 2490 Hospital Dr. Mountain View, CA 94040 Company Description The company is developing cardiovascular simulation medical software. Website http://www.cvsim.com Transaction Type Debt Transaction Amount $10,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Undisclosed
Appcelerator Secures $2,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7457e848-c7d3-4a9c-9e20-989fbf5c91d6&Preview=1 Date 6/15/2010 Company Name Appcelerator Mailing Address 444 Castro Street Mountain View, CA 94041 Company Description Appcelerator is an open source platform for building rich web applications. Appcelerator, Inc. is a silicon valley venture funded company located in Mountain View, California. Appcelerator was started in 2006 by software veterans Jeff Haynie … Continue reading “Appcelerator Secures $2,000,000 New Financing”
eASIC Corporation Receives $10,700,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8d36dffa-b266-45b4-ba8a-c5e9560002ce&Preview=1 Date 6/15/2010 Company Name eASIC Corporation Mailing Address 2585 Augustine Drive Santa Clara, CA 95054 Company Description eASIC offers breakthrough Programmable ASIC products including Configurable Logic and Structured ASIC, aimed at dramatically reducing the overall fabrication cost and time of customized high-performance semiconductor chips. Website http://www.easic.com Transaction Type Venture Equity Transaction … Continue reading “eASIC Corporation Receives $10,700,000 New Funding Round”
GC Holdings Receives $8,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6b99c788-aca4-491a-a3eb-cb6c7769a680&Preview=1 Date 6/15/2010 Company Name GC Holdings Mailing Address 1220 Page Ave. Fremont, CA 94538 Company Description GC Holdings is an umbrella company committed to take advantage of leading edge materials technologies and the inherent advantages that they bring to Photonics applications. Website http://www.gc-holdings.com Transaction Type Debt, Venture Equity Transaction Amount $8,500,000 … Continue reading “GC Holdings Receives $8,500,000 New Financing Round”
Zynga Game Network Receives $147,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e5da3b86-ad40-428f-a8ed-fbc1d12481de&Preview=1 Date 6/15/2010 Company Name Zynga Game Network Mailing Address 365 Vermont St. San Francisco, CA 94103 Company Description Zynga Game Network is the #1 social gaming company on the web. Zynga was founded specifically to add a social element to casual online games because we love games, and we love them … Continue reading “Zynga Game Network Receives $147,000,000 New Financing Round”
IBM Acquires Coremetrics for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8c3d752a-82c4-4359-829c-31511bde8cf8&Preview=1 Date 6/15/2010 Company Name Coremetrics Mailing Address 1840 Gateway Drive San Mateo, CA 94404 Company Description Coremetrics is the leading provider of on-demand web analytics and precision marketing solutions, offering the industry’s only web analytics platform that captures and stores all customer and visitor clickstream activity to build LIVE (Lifetime Individual … Continue reading “IBM Acquires Coremetrics for Undisclosed Sum”
Theraclone Sciences CEO David Fanning Dies Suddenly
Xconomy has some tragic news to report. David Fanning, the president and CEO of one of Seattle’s more promising biotech startups, Theraclone Sciences, died suddenly this morning, according to an e-mailed statement from its board of directors. The cause of death wasn’t immediately known. “We are heartbroken by this sudden, tragic loss, and our thoughts … Continue reading “Theraclone Sciences CEO David Fanning Dies Suddenly”
TerraPower, Gates and Myhrvold’s Nuclear Play, Nabs $35M from Charles River, Khosla Ventures
What were we just saying about cross-pollinating ideas between Seattle, Boston, and San Francisco? As if to hammer home the point, Bellevue, WA-based nuclear reactor startup TerraPower announced today it has raised $35 million in Series B funding led by Charles River Ventures, based in Waltham, MA. Silicon Valley-based Khosla Ventures also participated in the … Continue reading “TerraPower, Gates and Myhrvold’s Nuclear Play, Nabs $35M from Charles River, Khosla Ventures”
Pfizer Dumps Trubion’s Lead Rheumatoid Arthritis Drug, Keeps Next-Gen Product Alive
Bad news is out this afternoon from Trubion Pharmaceuticals. The Seattle-based biotech company said today New York-based Pfizer, has decided to quit investing in Trubion’s lead drug candidate for rheumatoid arthritis, in favor of a next-generation treatment further behind in clinical trials. Pfizer (NYSE: [[ticker:PFE]]), which inherited its collaboration with Trubion last year through a … Continue reading “Pfizer Dumps Trubion’s Lead Rheumatoid Arthritis Drug, Keeps Next-Gen Product Alive”
Former MIT Architecture Dean Bill Mitchell Dies at 65, Cemented Legacy with Campus Development
(Updated—6/15/10 at 8:35 am Eastern time) Bill Mitchell, an academic expert in urban design who helped oversee the $1 billion development project on MIT’s main campus in Kendall Square, died on June 11 after a long bout with cancer, according to MIT News. He was 65. Mitchell, who joined the MIT faculty in 1992, was … Continue reading “Former MIT Architecture Dean Bill Mitchell Dies at 65, Cemented Legacy with Campus Development”
Why the Cloud is the Cloud’s Silver Lining
Plug and Play Tech Center in Sunnyvale, CA, hosts an event on Amazon Web Services and SAP, featuring a panel of venture capital partners discussing the business advantages of cloud computing. The panel moderator is Rich Karlgaard, Publisher, Forbes, and the panelists include Arif Janmohamed, Lightspeed Venture Partners; Mitchell Kertzman, Hummer Winblad Venture Partners; Saad … Continue reading “Why the Cloud is the Cloud’s Silver Lining”
Girls in Tech: Biotech in Boston
Area networking group Girls in Tech is sharpening its focus a bit this month, with the first meet-up themed on the biotech industry. Researchers and execs from organizations such as Vertex Pharmaceuticals, Genzyme, and Wolfe Laboratories will present. Sign up here.
MaxLinear CEO Among E&Y’s EOYs in San Diego
Carlsbad-based wireless chipmaker MaxLinear (NYSE: [[ticker:MXL]]) says today that its CEO, Kishore Seendripu, was named last week as the 2010 Ernst & Young “entrepreneur of the year” in the technology category. Other San Diego categories and winners are: Consumer Products, Larry Gilbert of Event Network; Health Sciences, Scott Huennekens, Volcano; Emerging, Russ Mann of Covario; … Continue reading “MaxLinear CEO Among E&Y’s EOYs in San Diego”
Clinical Data Closes $32M Offering
Clinical Data (NASDAQ:[[ticker:CLDA]]), the Newton, MA-based drug developer, reports today that it has closed on the sale of 2.24 million shares of common stock. The stock offering brought in $32 million, of which the company plans to clear $30 million after expenses. The company is pursuing approval of its first drug, vilazodone, for treating depression. … Continue reading “Clinical Data Closes $32M Offering”