Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a6487804-bf23-4220-a012-4dc820d4c665&Preview=1 Date 6/11/2010 Company Name Dynamic Broadband Corporation Mailing Address 2750 1st Avenue North East Cedar Rapids, IA 52402 Company Description For over five years, Dynamic Broadband has been delivering the best high speed internet solutions to businesses in the midwest. Some of Iowa’s largest companies are utilizing our service as well … Continue reading “KeyOn Communications Holdings Acquires Dynamic Broadband Corporation for Undisclosed Sum”
Exogenesis Receives $3,700,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=56d5ef76-d34d-4f55-8edf-24867a0ed544&Preview=1 Date 6/11/2010 Company Name Exogenesis Mailing Address 30 Washington St Wellesley Hills, MA 02481 Company Description The company is developing surface modification devices for medical devices. Website Undisclosed Transaction Type Venture Equity Transaction Amount $3,700,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Undisclosed
Thumbtack Receives $1,200,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1055b877-bfc7-4c23-81d5-0222a04adb6e&Preview=1 Date 6/11/2010 Company Name Thumbtack Mailing Address 1001 Page Street San Francisco, CA 94117 Company Description Why can you go online right now and buy any product you want but you can’t do the same for tutors, handymen, dog walkers, or other local services? Thumbtack is changing that. Website http://www.thumbtack.com Transaction … Continue reading “Thumbtack Receives $1,200,000 New Round”
RoboteX Lands $3,600,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=47324184-098a-4bec-89b6-28033786906f&Preview=1 Date 6/11/2010 Company Name RoboteX Mailing Address P.O. Box 20556 Stanford, CA 94309 Company Description The company designs robotic platforms and avatars that can also be used for academic, personal and industrial applications. Website http://www.robotex.com Transaction Type Venture Equity Transaction Amount $3,600,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not … Continue reading “RoboteX Lands $3,600,000 New Funding”
Castlight Health Receives $60,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a9e10174-5cff-48a8-9b56-5c1967d31da2&Preview=1 Date 6/11/2010 Company Name Castlight Health Mailing Address 685 Market St. San Francisco, CA 94105 Company Description Castlight Health (formerly Ventana Health Services) was founded in 2008 to empower consumers with the knowledge to make informed health care shopping decisions. The rising cost of health care has put an increased burden … Continue reading “Castlight Health Receives $60,000,000 Series C Financing”
Igenica Lands $24,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=84013dd3-3c76-44aa-863a-8a70c5361ff1&Preview=1 Date 6/11/2010 Company Name Igenica Mailing Address 1700 Owens St San Francisco, CA 94158 Company Description The company operates as a drug development company for cancer treatment. Website Undisclosed Transaction Type Venture Equity Transaction Amount $24,000,000 Transaction Round Series B Proceeds Purposes This financing will allow us to expand and accelerate … Continue reading “Igenica Lands $24,000,000 Series B Financing Round”
Kaazing Obtains $4,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5cd53743-5142-47ea-a4b7-f2890305c221&Preview=1 Date 6/11/2010 Company Name Kaazing Mailing Address 888 Villa Street Mountain View, CA 94041 Company Description Kaazing Corporation, headquartered in Silicon Valley, California, is founded for the purpose of delivering the best possible real-time experience for the Internet. We provide real-time software solutions to customers who really care about their end-user … Continue reading “Kaazing Obtains $4,000,000 New Funding Round”
BioScale Receives $25,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c9066470-33ae-49b7-b8b9-12dad6228858&Preview=1 Date 6/11/2010 Company Name BioScale Mailing Address 75 Sidney Street 3rd Floor Cambridge, MA 02139-4134 Company Description The company develops nanotechnology-focused biological technologies. Website http://www.bioscale.com Transaction Type Venture Equity Transaction Amount $25,000,000 Transaction Round Undisclosed Proceeds Purposes The financing willprovide the resources to bring BioScale’s ViBE product line into the market … Continue reading “BioScale Receives $25,000,000 New Round”
CrimeReports Acquires TipSoft for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a8ad6a55-a463-4964-ae7a-d19411edf0fd&Preview=1 Date 6/11/2010 Company Name TipSoft Mailing Address 2519 N. Stallings Dr. Nacogdoches, TX 75963 Company Description Home of industry leading, unique software and secure web applications developed specifically for the Law Enforcement, Homeland Security and Emergency Management sectors. Website http://www.andersoft.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A … Continue reading “CrimeReports Acquires TipSoft for Undisclosed Sum”
Vertafore Bought for $1.4B
Bothell, WA-based Vertafore, a provider of software and services to the insurance industry, said today it is being acquired by TPG Capital for $1.4 billion. Vertafore was previously owned by private equity firms Hellman & Friedman, based in San Francisco, and JMI Equity, which is based in Baltimore and San Diego. JMI managing general partner … Continue reading “Vertafore Bought for $1.4B”
Xconomy Welcomes Susan Hunt Stevens to Our Board
A lot of great things have been happening here at Xconomy lately. We have done syndication deals with the Boston Globe and Motley Fool, launched our new Health IT channel, and expanded to Detroit—with another geographic expansion coming up very soon (stay tuned). Today, though, I am extremely pleased to announce that we have expanded … Continue reading “Xconomy Welcomes Susan Hunt Stevens to Our Board”
Your Company Culture Is a Meaningless Platitude
In this envelope, I have your Company Culture. “We work hard, but value work/life balance. We’re a team culture and we believe in individual empowerment. We give back to the community, and have strong ethics. We hire only the best people, support diversity, and promote growth and leadership in our employee ranks. And more than … Continue reading “Your Company Culture Is a Meaningless Platitude”
South Korean Company Moves Lithium-Ion Battery Plant To Michigan
TSC Michigan, a subsidiary of South Korea’s Techno Semichem, which develops components for lithium-ion batteries for electric vehicles, cut the ribbon Wednesday for new U.S. headquarters in Northville Township near Detroit. The plant is expected to create 279 new direct jobs over five years and 1,394 indirect ones. It was another case of tax breaks … Continue reading “South Korean Company Moves Lithium-Ion Battery Plant To Michigan”
Modumetal Closes Funding Led by Catamount
Seattle-based Modumetal, an advanced materials and nanotech startup, said today it has closed a second round of venture funding, led by new investor Catamount Ventures, based in San Francisco. The exact amount was undisclosed, but is “several million” dollars, according to Modumetal CEO and co-founder Christina Lomasney. As part of the deal, Mark Silverman of … Continue reading “Modumetal Closes Funding Led by Catamount”
Sony Selling 3D TVs
Sony Electronics, whose North American headquarters is in San Diego, says it is now taking orders for 3D televisions that the company previewed for reporters at the beginning of the year. Sony, which is following the debut of 3D TVs from Samsung and Panasonic, has placed its bet on technology that requires active shutter 3D … Continue reading “Sony Selling 3D TVs”
Otonomy Pockets $10M For Hearing Loss
Hearing loss and other diseases of the ear affect millions of people, but that hasn’t translated into millions of dollars for biotech entrepreneurs. But that may be changing, as San Diego-based Otonomy has collected an initial round of $10.5 million in venture capital. The financing in Otonomy (Oh-TAWN-uh-me) could be worth as much as $26 … Continue reading “Otonomy Pockets $10M For Hearing Loss”
Syndax’s Breast Cancer Drug Advances, Arena Raises Equity Financing, BeneChill Recruits a CEO, & More San Diego Life Sciences News
The pace of life sciences news slowed in the past week, but we know from experience the lull is temporary. You can catch up on the headlines here. —A raft of studies from provided additional evidence that a urine test from Gen-Probe (NASDAQ: [[ticker:GPRO]]) might help eliminate the need for additional biopsies in men with … Continue reading “Syndax’s Breast Cancer Drug Advances, Arena Raises Equity Financing, BeneChill Recruits a CEO, & More San Diego Life Sciences News”
Quick Hit Cracks Into EA’s NFL Market (But Winning Over Tom Brady Will Take Longer)
Imagine if Tony Hawk owned the rights to all of skateboarding, and he forced everyone who wanted to make a video game about it to call it “rollersmashing” to avoid infringing his trademark. Well, that’s the kind of stranglehold that the National Football League and Electronic Arts have exercised over football since 2004, when the … Continue reading “Quick Hit Cracks Into EA’s NFL Market (But Winning Over Tom Brady Will Take Longer)”
Novel, Backed by Vancouver VCs, Uses Gaming Tech to Make Business Simulations for Companies
What would “The Matrix” look like for businesses? Imagine a virtual-reality system that a company could jack its employees into in order to train them, evaluate their decision-making skills, or test out different management strategies. The technology might not be as far off as you think, thanks to a Seattle-area startup. This is the story … Continue reading “Novel, Backed by Vancouver VCs, Uses Gaming Tech to Make Business Simulations for Companies”
XSITE’s Mobile Health Panel Rallies Heavyweights in Wireless and Healthcare
For entrepreneurs, launching health IT startups to commercialize mobile or wireless technologies can be daunting. While there are many opportunities to create companies around mobile innovations in healthcare, there aren’t really many successful business models to follow. Sometimes it takes lots of smart people from multiple disciplines to rally around an idea to transform it … Continue reading “XSITE’s Mobile Health Panel Rallies Heavyweights in Wireless and Healthcare”
Wings Replaces Kraemer With Cramer, Adding Elder Statesman of Northwest Life Sciences
Kirby Cramer probably has the most diversified track record of success in life sciences entrepreneurship of anybody in the Northwest. Now he’s putting some of his time and money into strengthening Wings, the budding angel investing network for medical device startups. “We are blessed in the Northwest to have hundreds of medical device entrepreneurs,” Cramer … Continue reading “Wings Replaces Kraemer With Cramer, Adding Elder Statesman of Northwest Life Sciences”
The Genomics Comeback
One of the things that fascinates me most about the slow-paced business of biotech is how utterly mismatched it is against the demands of Wall Street. Asking for quarterly earnings reports from companies that are in the red, and likely to remain so for years, while they test drug candidates in early-stage clinical trials (which … Continue reading “The Genomics Comeback”
Check Point Software Technologies Ltd. Acquires Liquid Machines for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7bd4a8fb-c23d-4255-9442-7c0d051ddb35&Preview=1 Date 6/10/2010 Company Name Liquid Machines Mailing Address 100 Fifth Ave. 5th Floor Waltham, MA 02451 Company Description Liquid Machines is the leading provider of Enterprise Rights Management (ERM) solutions that persistently protect critical business content and audit usage while enabling collaboration. Website http://www.liquidmachines.com Transaction Type M&A Transaction Amount Undisclosed Transaction … Continue reading “Check Point Software Technologies Ltd. Acquires Liquid Machines for Undisclosed Sum”
Modumetal Lands Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e189744-4cf5-48da-ba2b-e2f0f987a486&Preview=1 Date 6/10/2010 Company Name Modumetal Mailing Address 1443 N. Northlake Way Seattle, WA 98103 Company Description The mission of Modumetal is to revolutionize the design and manufacture of automobiles, aircraft, armor and building materials in a way that has never before been realized since the deployment of mass production concepts. Website … Continue reading “Modumetal Lands Series B Round”
Collecta Receives $4,700,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7b3e34b3-ccdf-4b7d-bf5c-19182ad7a92a&Preview=1 Date 6/10/2010 Company Name Collecta Mailing Address Undisclosed Los Angeles, CA 90049 Company Description Collecta is not like other search engines. The web is alive with real-time information. So why search a stale archive? Collecta monitors the update streams of news sites, popular blogs and social media, and Flickr, so we … Continue reading “Collecta Receives $4,700,000 New Funding”
CrowdGather Acquires Adisn for $5,500,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=910976d7-b81c-492c-9566-104c7ba50e6d&Preview=1 Date 6/10/2010 Company Name Adisn Mailing Address 3777 Long Beach Blvd Long Beach, CA 90807 Company Description Adisn is a next generation Ad Network that uses relationship data from the social web to enhance targeting. Adisn has proven that the aggregate of web conversations, web profiles, online blogs, and behavior create … Continue reading “CrowdGather Acquires Adisn for $5,500,000”
Quark Pharmaceuticals Secures $10,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=216c10cc-9393-46fd-9fac-25fad8ae4be1&Preview=1 Date 6/10/2010 Company Name Quark Pharmaceuticals Mailing Address 6501 Dumbarton Circle Fremont, CA 94555 Company Description Quark Pharmaceuticals, Inc. is a development-stage pharmaceutical company engaged in discovering and developing novel therapeutic RNAi drug candidates. Quark has a fully integrated drug development platform that spans therapeutic target identification to drug development. Quark’s … Continue reading “Quark Pharmaceuticals Secures $10,000,000 New Financing Round”
Crowdcast Lands $6,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=13d2c0dc-be4c-472c-b720-60209d846249&Preview=1 Date 6/10/2010 Company Name Crowdcast Mailing Address 717 Market St. San Francisco, CA 94103 Company Description Crowdcast leads the Social BI market, bridging the gap between traditional business intelligence and enterprise social network applications. Crowdcast provides a new outlet that aligns people and purpose, where insight, plans and experience come together, … Continue reading “Crowdcast Lands $6,000,000 Series A Round”
CoolSystems Garners $2,250,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0f3363db-85ac-455f-ac58-76ae4d1919d2&Preview=1 Date 6/10/2010 Company Name CoolSystems Mailing Address 1201 Marina Village Pkwy. Alameda, CA 94501 Company Description Game Ready was the first to introduce a system that simultaneously delivers intermittent compression and adjustable cold therapy. Website http://www.gameready.com Transaction Type Debt Transaction Amount $2,250,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not … Continue reading “CoolSystems Garners $2,250,000 New Funding Round”
VeraCyte Obtains $28,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a862e28-195f-4de0-93af-7be7f7f7a518&Preview=1 Date 6/10/2010 Company Name VeraCyte Mailing Address Undisclosed South San Francisco, CA 94080 Company Description Operates as an early stage cancer diagnostics company. Website Undisclosed Transaction Type Venture Equity Transaction Amount $28,000,000 Transaction Round Series B Proceeds Purposes This investment will be used to bring our advanced testing service in thyroid … Continue reading “VeraCyte Obtains $28,000,000 Series B Round”
SoonR Lands $4,500,000 Series D Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5c49decd-cc00-4af7-8ae7-a4f4776a49de&Preview=1 Date 6/10/2010 Company Name SoonR Mailing Address 1999 S. Bascom Avenue Campbell, CA 95008 Company Description The founders of SoonR worked together on many products that helped business users in the pc and internet eras to reach new levels of productivity. Website http://www.soonr.com Transaction Type Venture Equity Transaction Amount $4,500,000 Transaction … Continue reading “SoonR Lands $4,500,000 Series D Round”
Avantis Medical Systems Receives $2,100,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e41f0a48-3c82-4c54-84d4-a8fdecd93cee&Preview=1 Date 6/10/2010 Company Name Avantis Medical Systems Mailing Address 263 Santa Ana Court Sunnyvale, CA 94085-4511 Company Description Avantis Medical Systems, Inc. is a California-based medical device company founded to develop and manufacture catheter-based endoscopic devices. Its initial focus is on devices for use in both detecting and treating cancers of … Continue reading “Avantis Medical Systems Receives $2,100,000 New Funding”
Blazent Receives $10,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f9c45ba0-3bdf-4b2e-974d-c30cf0e9ce0f&Preview=1 Date 6/10/2010 Company Name Blazent Mailing Address 1820 Gateway Drive San Mateo, CA 94404 Company Description Organizations are repeatedly being tasked with identifying and improving their internal business practices and achieve greater organizational maturity. Blazent can be the business-oriented analysis platform for IT. Website http://www.blazent.com Transaction Type Venture Equity Transaction Amount … Continue reading “Blazent Receives $10,000,000 New Financing”
Attributor Receives $3,200,000 Series D Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fa12450b-08e0-439f-96d7-cf883c6e5708&Preview=1 Date 6/10/2010 Company Name Attributor Mailing Address 1775 Woodside Road Redwood City, CA 94061 Company Description Attributor is a technology company creating a platform that provides transparency and accountability in online content use and licensing for the rapidly growing content economy. Attributor customers will include publishers of all kinds seeking a … Continue reading “Attributor Receives $3,200,000 Series D Funding”
Synopsys Acquires Virage Logic Corp for $289,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=df94bd14-5388-419d-8330-cf3d5e776eb6&Preview=1 Date 6/10/2010 Company Name Virage Logic Corp Mailing Address 47100 Bayside Parkway Fremont, CA 94538 Company Description Virage Logic Corporation (Nasdaq: VIRL) provides semiconductor intellectual property (IP) platforms based on memory, logic, and input/output interface components (I/Os) primarily in the United States. Website http://www.viragelogic.com Transaction Type M&A Transaction Amount $289,000,000 Transaction … Continue reading “Synopsys Acquires Virage Logic Corp for $289,000,000”
“Arms Dealer” Martin Tobias Talks Tippr Strategy Vs. Groupon
Where the heck did all these group-buying websites come from? With the rise of Groupon, LivingSocial, BuyWithMe, and dozens of other smaller daily-deal sites, suddenly it seems like every Web entrepreneur and his brother are out to make a quick buck. So maybe the better question is, where is this all going? Tippr.com is the … Continue reading ““Arms Dealer” Martin Tobias Talks Tippr Strategy Vs. Groupon”
Illumina Slashes Cost of Individual Genome Sequencing Service
[Updated 6/11/10 12:05 am. See below.] The cost of getting your genome sequenced continues to drop. San Diego’s Illumina (NASDAQ: [[ticker:ILMN]]) has lowered the cost of its individual sequencing service to $19,500 from $48,000. The company is offering a discounted price of $9,500 for people with serious medical conditions who could potentially benefit from having … Continue reading “Illumina Slashes Cost of Individual Genome Sequencing Service”
Healthrageous Snags $6M to Combat Unhealthy Behaviors
We eat ice cream before bedtime. Sleep in rather than rising early to jog. And forget to take our medicine. Those are three of many unhealthy behaviors that cause millions of Americans to become obese, diabetic, and plain sick. Enter Healthrageous, which says it has scooped up $6 million in a Series A venture round … Continue reading “Healthrageous Snags $6M to Combat Unhealthy Behaviors”
Etouches Grabs $2.5M
Etouches, a Ridgefield, CT-based maker of event management software, announced it has raised $2.5 million in an initial round of venture capital funding, led by Greycroft Partners. The company launched in 1988 in the meeting planning industry, but has evolved into a software-as-a-service business. Connecticut Innovations and Cava Capital also participated in the financing, which … Continue reading “Etouches Grabs $2.5M”
Michigan Microloan Fund Awards Lifelines Worth $122,000 Combined to Four More Companies
Four Michigan companies have received a combined $122,000 through the Michigan Microloan Fund Program, managed by the Ann Arbor SPARK business incubator. The latest funding round brings the total amount invested through the program to more than $1.2 million among 35 companies since July 2009, according to a news release today. Microloans available through the … Continue reading “Michigan Microloan Fund Awards Lifelines Worth $122,000 Combined to Four More Companies”
$10M to Tigo Energy from OVP, Others
Tigo Energy, a Los Gatos, CA-based solar power technology company, said today it has raised $10 million in new funding led by Inventec Appliances and Clal Energy. Existing investors Matrix Partners, OVP, and ICV also participated in the round. The cleantech firm says it will use the money to expand its manufacturing, international sales, and … Continue reading “$10M to Tigo Energy from OVP, Others”
Tippr Acquires Austin-Based FanForce
Seattle-based Tippr.com, the group-buying site led by entrepreneur and investor Martin Tobias, said today it has acquired Austin, TX-based deals site FanForce for an undisclosed amount. As part of the deal, the founders of FanForce—Samy Aboel-Nil, Dane Knecht, and John Whitmarsh—are joining Tippr’s management team. The move gives Tippr the ability to help Web publishers … Continue reading “Tippr Acquires Austin-Based FanForce”
Genzyme Cuts Deal With Carl Icahn on Eve of Shareholder Vote
Genzyme has forged a peace treaty with the billionaire shareholder Carl Icahn, after months of debate about the future of the embattled company. Cambridge, MA-based Genzyme (NASDAQ:[[ticker:GENZ]]) has agreed to appoint two of Icahn’s associates to its board in return for Icahn’s support for Genzyme’s nominees, the company reports this morning. Icahn, who controlled 4.9 … Continue reading “Genzyme Cuts Deal With Carl Icahn on Eve of Shareholder Vote”
Of Boston’s Angel Tsunami and the Future of Venture—XSITE Dives Deep and Gets Personal
Boston’s ongoing flurry of angel investor activity and programs for seed-stage startups arguably started in January 2009, when that paragon of seed-stage incubators, Y Combinator, announced it was pulling out of town for good and ending its Cambridge, MA-based summer program. As I noted last fall, the void left by Y Combo seemed to attract … Continue reading “Of Boston’s Angel Tsunami and the Future of Venture—XSITE Dives Deep and Gets Personal”
Harvest Automation, With Dreams of Becoming the next iRobot, Sets Sight on Machines to Harvest Shrubs
Harvest Automation has a straightforward vision on how to target a market for its robotics technology, which comes from iRobot veterans. “Basically, it’s go where the labor is,” says CEO and co-founder Charles Grinnell. And it’s starting with agriculture. The Billerica, MA-based startup is developing fleets of robots designed to speed up the labor-intensive task … Continue reading “Harvest Automation, With Dreams of Becoming the next iRobot, Sets Sight on Machines to Harvest Shrubs”
Momentum Summit
Future Forward hosts a half-day summit focusing on the question: How do small start-ups with a brilliant idea turn into big businesses? From the event site: “You’ll hear Constant Contact chief executive Gail Goodman describe how her company acquires customers at a price that makes sense – and retains them for the long haul. Steven Kaufer, co-founder and … Continue reading “Momentum Summit”
At Michigan’s Wolverine Venture Fund, Students Learn Via Reality VC
Tom Kinnear says he is a great “theoretical golfer.” It is the implementation that is lacking. In the same way, business students who learn how venture capital works without ever investing real money in real companies may be at a disadvantage, Kinnear says. That’s why, 11 years ago, Kinnear and colleagues at the University of … Continue reading “At Michigan’s Wolverine Venture Fund, Students Learn Via Reality VC”
Gen-Probe Prostate Cancer Test Looks Promising
Gen-Probe (NASDAQ: [[ticker:GPRO]]) appears to be on the right track with its experimental prostate cancer test, judging from a raft of recent clinical studies in men being screened for prostate cancer. The research, presented at the annual meeting of the American Urological Association in San Francisco last week, provided additional evidence that Gen-Probe’s PCA3 urine … Continue reading “Gen-Probe Prostate Cancer Test Looks Promising”
Flagship Plans $300M New Fund, Boston TechStars Pitch to Area Investors, AutoVirt Raises $1.5M, & More Boston-Area Deals News
We’ve been lighter on news of New England financings in the last week, but we saw some headlines from investing firms and startup mentoring programs, alongside a few smaller deals for software and life sciences companies. —GlaxoSmithKline’s venture arm SR One led a $22 million Series B funding round for Cambridge, MA-based Constellation Pharmaceuticals, a … Continue reading “Flagship Plans $300M New Fund, Boston TechStars Pitch to Area Investors, AutoVirt Raises $1.5M, & More Boston-Area Deals News”
Livemocha’s New CEO, Michael Schutzler, on Company Challenges, Culture, and the Evolution of Social Networks
Michael Schutzler knows a few things about building online communities and profitable companies. The new CEO of Livemocha, the Bellevue, WA-based language-learning startup and online community, is perhaps best known for leading Classmates.com through its post-bubble growth phase to become a nationally recognized social-network brand, before its sale to United Online for $150 million in … Continue reading “Livemocha’s New CEO, Michael Schutzler, on Company Challenges, Culture, and the Evolution of Social Networks”