What U.S. Manufacturers Can Learn from Europe—One Reporter’s Perspective

On March 29 MIT arranged a round table seminar entitled “The Future of Manufacturing Innovation—Advanced Technologies.” The seminar focused on technological advances that could spur manufacturing in the U.S. MIT president Susan Hockfield opened the afternoon by reflecting on the status of the U.S. as a manufacturing nation. “Many Americans tend to believe that hardly … Continue reading “What U.S. Manufacturers Can Learn from Europe—One Reporter’s Perspective”

Bonanzle Raises $1M from Angel Investors, Plus Three VC Firms, to Expand Its Online Marketplace

The motto of Bonanzle is “everything but the ordinary.” That about sums up the latest news from this Seattle-area startup, which has built a fast-growing online marketplace for niche items and collectibles. I learned through the grapevine that Bonanzle founder Bill Harding has closed a $1 million funding round led by angel investor and venture … Continue reading “Bonanzle Raises $1M from Angel Investors, Plus Three VC Firms, to Expand Its Online Marketplace”

Four Ways Michigan Can Reinvigorate Its Economy (And One Way to Enjoy the Journey)

1. Invest substantially in targeted initiatives at the University of Michigan, and in programs that encourage the state’s best students to attend. Michigan is one of the nation’s truly great universities, public or private. It has superb programs in biomedicine and in engineering. It is a huge attractor of out-of-state funding—a highly successful multi-billion-dollar business. … Continue reading “Four Ways Michigan Can Reinvigorate Its Economy (And One Way to Enjoy the Journey)”

Under-the-Radar in New England: 16 Startup Financings Under $1 Million

March was a big month for little deals—at least when it comes to investing in New England’s startups. A couple of weeks ago, I wrote about the venture investing deals worth $1 million and up for March, which totaled to $194.5 million across 17 deals, according to data provided to us by private company intelligence … Continue reading “Under-the-Radar in New England: 16 Startup Financings Under $1 Million”

HealthEdge Software Secures $1,500,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=169fe307-a161-4894-896c-0066fef09eee&Preview=1 Date 4/29/2010 Company Name HealthEdge Software Mailing Address 10 Burlington Mall Road Burlington, MA 01803 Company Description HealthEdge provides health plans, TPAs, PPOs, and insurers of all sizes with unique software applications to position them for success. With patent-pending, next-generation technology, HealthEdge enables payor organizations to pursue innovative, new strategies to … Continue reading “HealthEdge Software Secures $1,500,000 New Funding Round”

Thinking Screen Media Obtains $2,000,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=87c2119d-3bf0-4b40-921d-aa55b39aeb52&Preview=1 Date 4/29/2010 Company Name Thinking Screen Media Mailing Address 40 Washington St Wellesley, MA 02481 Company Description Thinking Screen Media, Inc. (formerly Frame Media, Inc.) is the leader in content delivery to connected screens worldwide. Founded in 2007, Thinking Screen enhances the value proposition of connected screens by facilitating content selection … Continue reading “Thinking Screen Media Obtains $2,000,000 Series A Financing”

Casa Systems Lands New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3bbc3a99-2ac0-4ae3-a6f4-ad04a616690d&Preview=1 Date 4/29/2010 Company Name Casa Systems Mailing Address 100 Old River Road Andover, MA 01810 Company Description Casa Systems Inc. is a technology start-up based in Massachusetts. Casa Systems offers a new category of cable edge devices based on disruptive technologies to target the growing market opportunity in interactive digital video … Continue reading “Casa Systems Lands New Round”

Bonanzle Lands $1,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=89edd15f-7799-46e5-9db0-0952fed84bd8&Preview=1 Date 4/29/2010 Company Name Bonanzle Mailing Address 9805 NE 116th St PMB Kirkland, WA 98034 Company Description Prior to the web’s arrival in the mid-90’s, when you bought an item from a seller, you saw their face and learned their name. And if you weren’t in a hurry, you talked. Two … Continue reading “Bonanzle Lands $1,000,000 New Financing”

Academia.edu Obtains $1,600,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b5576e85-9add-4e68-81d7-1f2dada6fc94&Preview=1 Date 4/29/2010 Company Name Academia.edu Mailing Address 942 Windemere Dr NW Salem, OR 97304 Company Description Academia.edu is a social sharing site for academic researchers. Website http://www.academia.edu Transaction Type Venture Equity Transaction Amount $1,600,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor SPARK Ventures … Continue reading “Academia.edu Obtains $1,600,000 Series A Financing”

Viveve Receives $4,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d1dee8ab-cade-4ed4-8d1b-82cdcabf88bd&Preview=1 Date 4/29/2010 Company Name Viveve Mailing Address 450 Sheridan Avenue Palo Alto, CA 94306 Company Description Welcome to Viveve, we’re glad you’re here. Now, it’s time to start the conversation. Sexual satisfaction is an important part of a woman’s overall sexual health. After vaginal childbirth, women can experience many physical changes … Continue reading “Viveve Receives $4,000,000 New Funding”

Symantec Corp. Acquires GuardianEdge Technologies for $70,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c5b4b081-4142-4aa2-aae7-2089c4ff1a14&Preview=1 Date 4/29/2010 Company Name GuardianEdge Technologies Mailing Address 475 Brannan Street San Francisco, CA 94107 Company Description GuardianEdge Technologies is a trusted and proven partner to large organizations looking to reduce the cost and complexity of deploying and managing enterprise-class encryption across multiple mobile devices. The company’s encryption solutions offer enterprises … Continue reading “Symantec Corp. Acquires GuardianEdge Technologies for $70,000,000”

Tektronix Acquires SyntheSys Research for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ea4c26fc-c6d1-4a00-a4ec-61038f30a2ad&Preview=1 Date 4/29/2010 Company Name SyntheSys Research Mailing Address 3475-D Edison Way Menlo Park, CA 94025 Company Description SyntheSys Research is an innovator in high-speed signal integrity test and measurement solutions. SynthySys is leading the evolution of test by changing the way design engineers utilize test and measurement on the bench with … Continue reading “Tektronix Acquires SyntheSys Research for Undisclosed Sum”

HP Acquires Palm for $1,000,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=47ec58e0-9f9c-42e1-9617-7d40340ecee2&Preview=1 Date 4/29/2010 Company Name Palm Mailing Address 950 W. Maude Ave Sunnyvale, CA 94085 Company Description At Palm, we’re focused on creating instinctive yet powerful mobile products that enable people to better manage extraordinary lives on the go. Our goal is to deliver products that implement technology in a truly useful … Continue reading “HP Acquires Palm for $1,000,000,000”

Symantec Corp. Acquires PGP Corporation for $300,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=84a9ab45-9ff2-4ad7-a663-8168e73f242b&Preview=1 Date 4/29/2010 Company Name PGP Corporation Mailing Address 200 Jefferson Dr. Menlo Park, CA 94025 Company Description The global customer standard for encryption and digital signature solutions, PGP Corporation develops, markets, and supports an integrated data security suite used by more than 30,000 enterprises, businesses, and governments worldwide, including 84% of … Continue reading “Symantec Corp. Acquires PGP Corporation for $300,000,000”

Schrödinger Obtains $10,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f6eba5d7-853b-4c00-a17d-0d0ca3e199fd&Preview=1 Date 4/29/2010 Company Name Schrödinger Mailing Address 120 West 45th Street 17th Floor, Tower 45 New York, NY 10036-4041 Company Description Schrödinger makes significant investments in R&D, which has led to major advances in the field of computational chemistry. Working closely with its scientific advisory board – a distinguished group of … Continue reading “Schrödinger Obtains $10,000,000 New Funding Round”

MoJiva Receives $7,000,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c380d817-586f-4a85-ab9f-b924910bd3c1&Preview=1 Date 4/29/2010 Company Name MoJiva Mailing Address 136 Baxter Street New York, NY 10013 Company Description Mo’Jiva is a young and dynamic startup company with a mission to mobilize and help monetize all mobile content across the globe. A powerful yet simple-to-use self-service Mobile Advertising Toolkit which makes it fantastically easy … Continue reading “MoJiva Receives $7,000,000 Series B Financing”

H. Stewart Parker Joins WBBA

H. Stewart Parker, the founder and longtime CEO of Seattle-based Targeted Genetics, has agreed to join the Washington Biotechnology & Biomedical Association as a part-time commercialization adviser to local life sciences researchers and entrepreneurs. Parker, who has inspired and mentored a generation of biotech professionals in Seattle, resigned from Targeted Genetics in November 2008 after … Continue reading “H. Stewart Parker Joins WBBA”

What Do Techies Know About the Future of Healthcare? Find Out on May 12

Health IT is one of those innovation sectors that is exploding around us here at Xconomy. Every day we’re hearing about a new company, or health-related website or gadget, or experienced financier who’s getting into the act. It’s still pretty early, but it won’t be for long. And the Northwest is already positioning itself as … Continue reading “What Do Techies Know About the Future of Healthcare? Find Out on May 12”

MITEF Startup Clinic

This MIT Enterprise Forum of Cambridge event features software-as-a-service startup Engaged Minds, and thebuyersNET.com, a crowdsourcing site for group discounts. They’ll share what makes their companies work, and ask for audience feedback on their marketing and fundraising strategies. Registration is online.

How to Predict Whether a Startup Will Succeed or Fail: Testing the “Disruptive Innovation” Model

Thomas Thurston is a startup predictor. Tell him about your company, and he’ll tell you whether it will survive or fail. No, he’s not an investor, or a psychic. By day, Thurston is a mild-mannered researcher and consultant whose training is in law and business. He’s the founder of Portland, OR-based Growth Science International, a … Continue reading “How to Predict Whether a Startup Will Succeed or Fail: Testing the “Disruptive Innovation” Model”

Domestic Companies with Global Health Impact: WBBA Event

The Washington Biotechnology & Biomedical Association (WBBA) is organizing the third part of the “Domesticating Global Health” series from 5 pm to 7 pm on May 25 at the Seattle Biomedical Research Institute. Executives from HaloSource, SonoSite & Micronics will join a panel discussion moderated by Lisa Cohen of the Washington Global Health Alliance. Cost … Continue reading “Domestic Companies with Global Health Impact: WBBA Event”

Michigan Startups to Pitch For Ann Arbor SPARK Incubator Space

Business incubator Ann Arbor SPARK is asking Michigan startups to take their best shots at five open spots in a business pitch competition it plans to host on June 4, the group announced today. The winner will get up to $50,000 in business acceleration services and a one-year incubator lease at SPARK East in Ypsilanti, … Continue reading “Michigan Startups to Pitch For Ann Arbor SPARK Incubator Space”

Feds Approve Cape Wind Project

In a joint press conference today with Governor Deval Patrick at the Massachusetts State House, U.S. Secretary of the Interior Ken Salazar said his department has approved a scaled-down version of the long-delayed Cape Wind project at Horseshoe Shoal in Nantucket Sound. Salazar said that the revised project approved by the department will consist of … Continue reading “Feds Approve Cape Wind Project”

d’Arbeloff Departs New England Clean Energy Council for EnerNOC, Rothstein Replaces Him

[Updated 2:00 p.m. 4/28/10] There’s an unexpected transition underway at Boston-based energy management company EnerNOC (NASDAQ:[[ticker:ENOC]]) and the Cambridge, MA-based New England Clean Energy Council (NECEC). In a pair of announcements today, the organizations said that Nick d’Arbeloff, founding president of NECEC, has joined EnerNOC as vice president of enterprise energy management. Peter Rothstein, former … Continue reading “d’Arbeloff Departs New England Clean Energy Council for EnerNOC, Rothstein Replaces Him”

Assured Labor Raises $1 Million in Seed Funding for Jobs Marketplace

Assured Labor, a Boston-based online services marketplace that launched in January 2009, said today that it has raised $1 million in seed funding from a group including Nexus Venture Partners, Kima Ventures, former Skype CEO Michael Van Swaaij, and OLX.com CEO Fabrice Grinda. The MIT Media Lab spinoff, which Xconomy profiled shortly after its launch, … Continue reading “Assured Labor Raises $1 Million in Seed Funding for Jobs Marketplace”

MHS Nabs $7M Series B

Management Health Solutions, a Fairfield, CT-based provider of inventory management software for hospitals, has pulled in a $7 million Series B round of equity funding, which enabled it to acquire mobile supply chain software provider AtPar, the company announced yesterday. The financing was led by Enhanced Equity Fund, a private equity fund focused on growth … Continue reading “MHS Nabs $7M Series B”

Total Joins GM, Advanced Technology Ventures In Funding Biofuels Developer Coskata

Paris-based oil company Total has joined General Motors as an investor in Coskata, according to an announcement by the cellulosic biofuels company based in Warrenville, IL. GM invested an undisclosed amount in early 2008 and said in February this year that some of Coskata’s ethanol is being tested at the automaker’s proving grounds in Milford, … Continue reading “Total Joins GM, Advanced Technology Ventures In Funding Biofuels Developer Coskata”

Averting “Disaster” in Healthcare: Xconomy Forum at MIT Tackles Big Problems and Potential Technology Fixes

There’s perhaps no better place in the Boston area to talk about the future use of information technology in healthcare than the modern building in Kendall Square that houses the MIT Media Lab. The abundant windows and glass interior walls allow natural light to spill onto researchers as they advance new technologies to transform healthcare. … Continue reading “Averting “Disaster” in Healthcare: Xconomy Forum at MIT Tackles Big Problems and Potential Technology Fixes”

Lycera Keeps Its Investors Happy, Snags $11M to Pursue New Autoimmune Drugs

Lycera has taken an important early step in its journey of developing new treatments for autoimmune diseases. The startup, with operations in Plymouth, MI, and Cambridge, MA, has nailed down an $11 million cash infusion, which represents the second installment of a three-part, $36 million financing originally announced a year ago. The company secured the … Continue reading “Lycera Keeps Its Investors Happy, Snags $11M to Pursue New Autoimmune Drugs”

Celladon’s Gene Therapy Passes Heart Failure Trial; Maintains Suspense on Details

Celladon has some tantalizing news today for the world of gene therapy. The San Diego-based biotech company is announcing that its experimental treatment, which delivers a gene to help people with heart failure pump blood more efficiently, has met its primary goal of showing the treatment is more effective than a placebo. The trial enrolled … Continue reading “Celladon’s Gene Therapy Passes Heart Failure Trial; Maintains Suspense on Details”

News or Noise? Gather CEO Tom Gerace on New England’s Fastest Growing Web Property

For a while now I’ve been curious about Gather, a privately funded news and social networking site based in downtown Boston. I knew that Gather was founded by marketing pro Tom Gerace, that it is owned in part by the public radio operator American Public Media, that it has an unusual way of paying users … Continue reading “News or Noise? Gather CEO Tom Gerace on New England’s Fastest Growing Web Property”

Fuel Cell Developer Adaptive Materials On Finding Engineers and the Company’s Future

Yesterday, we ran Part 1 of my interview with Michelle Crumm, co-founder and chief business officer for fuel cell manufacturer Adaptive Materials of Ann Arbor, MI. We discussed how it took a decade of old-fashioned hard work to get to a point where the company is signing deals to supply the military with the fuel cells needed … Continue reading “Fuel Cell Developer Adaptive Materials On Finding Engineers and the Company’s Future”

High-Tech Jobs Stayed Resilient Amid Last Year’s National Job Losses, TechAmerica Says

The high-tech industry lost 245,600 jobs, or about 4 percent of the nationwide technology workforce, as the recession hit bottom last year, according a report being released today. But there are still jobs to be had in high-tech fields. Unemployment in several high-tech sectors remained below 5 percent at a time when overall unemployment soared … Continue reading “High-Tech Jobs Stayed Resilient Amid Last Year’s National Job Losses, TechAmerica Says”

Warner Bros. Acquires Turbine, Athenahealth Taps IBM, Alkermes Reveals Diabetes Drug Royalty, & More Boston-Area Deals News

News of financings, partnerships, royalties, and acquisitions among New England’s video game, transportation, biotech, and energy companies have kept us buzzing in the last week. —Westwood, MA-based online games maker Turbine was purchased by the Home Entertainment Group of Warner Bros. Interactive Entertainment, a unit of Time Warner (NYSE: [[ticker:TWX]]). Turbine produces the massively multiplayer … Continue reading “Warner Bros. Acquires Turbine, Athenahealth Taps IBM, Alkermes Reveals Diabetes Drug Royalty, & More Boston-Area Deals News”

Qliance Medical Management Obtains $6,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=361ac63f-f7be-4c5c-9916-5eaad402f5d5&Preview=1 Date 4/28/2010 Company Name Qliance Medical Management Mailing Address 509 Olive Way Medical Dental Building Seattle, WA 98101 Company Description Qliance’s unique approach to providing primary care has grown out of frustration with an unmanageable, expensive insurance system and a desire to put good, affordable, personalized primary healthcare back in the … Continue reading “Qliance Medical Management Obtains $6,000,000 New Funding Round”

Spiration Secures $6,500,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f61c7a64-5ff0-4596-9c80-fb97793826a1&Preview=1 Date 4/28/2010 Company Name Spiration Mailing Address 6675 185th Avenue N.E. Redmond, WA 98052 Company Description Spiration Inc. designs, manufactures and markets innovative Medical Devices & Instruments for the treatment of lung disease, including lung cancer and chronic obstructive pulmonary disease (COPD), which together claim nearly 275,000 lives in the United … Continue reading “Spiration Secures $6,500,000 New Funding”

Assured Labor Receives $1,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=02b4f5fb-e711-4bdd-a6f0-0a43176762e4&Preview=1 Date 4/28/2010 Company Name Assured Labor Mailing Address 108 Saint Botolph St Boston, MA 02113 Company Description Assured Labor’s innovative service is optimized for the way people in emerging markets really find jobs. We understand that while employers may use the internet on a daily basis, their workforce rarely does. We … Continue reading “Assured Labor Receives $1,000,000 New Financing”

Klout Secures $1,500,000 Series A Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=55416c4a-b566-4d19-8c26-52e2db9e9805&Preview=1 Date 4/28/2010 Company Name Klout Mailing Address 2900 22nd Street San Francisco, CA 94110 Company Description Klout measures influence across the social web. We believe that every individual who creates content online has influence. Our goal is to measure that influence and make it even more effective. Website http://www.klout.com Transaction Type … Continue reading “Klout Secures $1,500,000 Series A Financing Round”

Silicon Laboratories Acquires Silicon Clocks for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=567d931e-03d2-4f5f-856f-5c38de65ff3d&Preview=1 Date 4/28/2010 Company Name Silicon Clocks Mailing Address 39141 Civic Center Drive Fremont, CA 94538 Company Description Silicon Clocks is turning its innovative, patented MEMS technology into products designed to solve one of the final integration “hold-outs”: the integration of the resonator function on chip. By putting MEMS technology on top … Continue reading “Silicon Laboratories Acquires Silicon Clocks for Undisclosed Sum”

Attensity Corporation Acquires Biz360 for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c3ab2a87-33b2-4655-badb-c8bb119a0bdd&Preview=1 Date 4/28/2010 Company Name Biz360 Mailing Address 1400 Bridge Parkway Redwood City, CA 94065 Company Description Biz360 empowers decision makers with essential information that allows them to act strategically and respond effectively to industry trends and competitive issues. Its measurement application, Market360, continuously monitors and analyzes print, Internet, wire and broadcast … Continue reading “Attensity Corporation Acquires Biz360 for Undisclosed Sum”

Apple Computer Acquires Siri for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d133c99-e97c-4aee-8a2b-fd999b9ac366&Preview=1 Date 4/28/2010 Company Name Siri Mailing Address 1 Almaden Boulevard San Jose, CA 95113 Company Description Siri’s initial technology along with IP was provided by SRI International. The later led $200 million CALO (Cognitive Agent that Learns and Organizes) artificial intelligence project which was funded by DARPA (Defense Advanced Research Projects … Continue reading “Apple Computer Acquires Siri for Undisclosed Sum”

Tremor Media Secures $40,000,000 Series D Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fb3a570d-792f-46bd-8af6-c448678a988b&Preview=1 Date 4/28/2010 Company Name Tremor Media Mailing Address 122 West 26th Street 8th Floor New York, NY 10001 Company Description Tremor Network provides advertisers with in-banner and in-stream video advertising opportunities on hundreds of top-tier publisher sites with millions of unique visitors per month. Website http://www.tremormedia.com Transaction Type Venture Equity Transaction … Continue reading “Tremor Media Secures $40,000,000 Series D Round”

Qliance Nails $6M From Bezos, Dell, Drew Carey for Primary Care That Avoids Insurance

Qliance Medical Management isn’t the richest startup in Seattle, but it may have the most star power behind it. The company, which deals directly with patients and doesn’t accept health insurance for primary care medical services, has nailed down another $6 million in venture capital from a group led by Amazon founder Jeff Bezos, and … Continue reading “Qliance Nails $6M From Bezos, Dell, Drew Carey for Primary Care That Avoids Insurance”

The Company is Dead, But Its PayPal Billing Service Lives On

If a consumer-oriented Web-based services company goes out of business, shouldn’t its PayPal account expire too? I’m just wondering if other online consumers have had a similar experience to Encinitas, CA, resident Judd Handler. He says he recently discovered that he had been charged $17.95 on his PayPal account for a junk-mail screening service provided … Continue reading “The Company is Dead, But Its PayPal Billing Service Lives On”

Twitter Buys Cloudhopper, Belkin Acquires Zensi, Mirina Raises Cash, & More Seattle-Area Deals News

A fairly busy week for deals in the Northwest. Twitter bought its first Seattle company. A prominent young mobile startup and a biotech company out of the Accelerator each got some important funding. But let’s start with the cleantech/energy news, of which there was plenty. —Seattle-based construction firm McKinstry acquired the Enterprise Energy Management software … Continue reading “Twitter Buys Cloudhopper, Belkin Acquires Zensi, Mirina Raises Cash, & More Seattle-Area Deals News”