Awesome Foundation, Spreading Awesomeness Across the Universe, Expands to West Coast

For Boston-area Web developers, the place to be last Friday night was the Barron Building at 614 Massachusetts Avenue in Central Square. Home to Conduit Labs, Oneforty, Shareaholic, and several other Web startups, it’s become the newest pin in Boston’s entrepreneurship map. On Friday, it was the scene of a rollicking joint housewarming party for … Continue reading “Awesome Foundation, Spreading Awesomeness Across the Universe, Expands to West Coast”

Agios Pharmaceuticals Secures $8,800,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=57130bc8-5382-4c0a-967b-adfebe102e44&Preview=1 Date 4/26/2010 Company Name Agios Pharmaceuticals Mailing Address 38 Sidney Street 2nd Floor Cambridge, MA 02139-4169 Company Description Agios is a biopharmaceutical company at the forefront of one of the most exciting new areas of cancer research: cancer metabolism. Cancer metabolism represents a breakthrough understanding of how cancer cells become addicted … Continue reading “Agios Pharmaceuticals Secures $8,800,000 New Funding”

Mirina Corporation Obtains Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7ce484bc-73f2-4c5a-a1cd-8f0a53f91fa7&Preview=1 Date 4/26/2010 Company Name Mirina Corporation Mailing Address 161 Eastlake Avenue E. Seattle, WA 98102 Company Description The company develops microRNA therapeutics. Website Undisclosed Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Series A Proceeds Purposes We’re very pleased our team at Mirina has successfully executed on its milestones over … Continue reading “Mirina Corporation Obtains Series A Round”

TheWrap Secures $2,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aa72f8ca-a0ef-4470-9c07-7354363ba307&Preview=1 Date 4/26/2010 Company Name TheWrap Mailing Address Undisclosed Hollywood, CA 90027 Company Description TheWrap.Com, a unique primary news source focused on the business of entertainment and media, reached the two month mark this week with rapid growth in readership and widespread adoption in the entertainment industry. Founded by award-winning journalist Sharon … Continue reading “TheWrap Secures $2,000,000 Series B Funding”

InTouch Health Secures $10,000,000 Series D Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ecf4dc3a-39c0-4a86-a976-b4ef7ff8333d&Preview=1 Date 4/26/2010 Company Name InTouch Health Mailing Address 90 Castilian Drive Santa Barbara, CA 93117 Company Description InTouch Health is a leading provider of Remote Presence solutions that empower physicians to easily and more frequently visit with hospital-based patients. Website http://www.intouchhealth.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round Series … Continue reading “InTouch Health Secures $10,000,000 Series D Financing Round”

eSilicon Corp. Receives $10,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ac080e02-8788-43a7-b94e-1247c405b148&Preview=1 Date 4/26/2010 Company Name eSilicon Corp. Mailing Address 501 Macara Avenue Sunnyvale, CA 94085 Company Description eSilicon Corporation is a rapidly growing semiconductor company that is the leader in its segment. Our only business is the manufacture and design of custom integrated circuits (ICs). Website http://www.esilicon.com Transaction Type Venture Equity Transaction … Continue reading “eSilicon Corp. Receives $10,000,000 New Financing”

Wildfire Interactive Garners $4,000,000 Series A Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=40fda740-3b03-481b-872d-7088be58cb84&Preview=1 Date 4/26/2010 Company Name Wildfire Interactive Mailing Address 3485 El Camino Real Palo Alto, CA 94306 Company Description Wildfire Interactive, Inc. is a privately-held technology company specialized in developing simple tools that enable organizations to engage the hundreds of millions of users of social network sites such as Facebook and MySpace. … Continue reading “Wildfire Interactive Garners $4,000,000 Series A Financing Round”

FreeWheel Receives $16,800,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4e898ba9-8d09-4038-9c49-f998529214af&Preview=1 Date 4/26/2010 Company Name FreeWheel Mailing Address 20 E. Third Avenue San Mateo, CA 94401 Company Description FreeWheel is FreeWheel because of this incredible team we have assembled. Our team knows more about how ad management systems generate revenue than anyone.We’re on a mission to make online video advertising generate money … Continue reading “FreeWheel Receives $16,800,000 New Funding”

TransPerfect Acquires Astoria Software for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9c342ede-b90b-4c15-86f3-31ba262f61c3&Preview=1 Date 4/26/2010 Company Name Astoria Software Mailing Address 300 Broadway Street San Francisco, CA 94133 Company Description Astoria Software is the established developer of software for structured document management in the enterprise. Its package software applications automate and manage the authoring, review, assembly and publishing processes of structured content. Natively architected … Continue reading “TransPerfect Acquires Astoria Software for Undisclosed Sum”

Xconomy Forum: The Rise of Smart Energy

Leading energy visionaries, industry veterans, technologists, and entrepreneurs are gathering for this unique and interactive afternoon event about the coming wave of energy innovation—from new types of renewable energy to new and more efficient engines. Presentations include a discussion on how the future power grid will require new capabilities in sensors, wireless networks, IT infrastructure, … Continue reading “Xconomy Forum: The Rise of Smart Energy”

Twitter Buys Seattle’s Cloudhopper to Expand SMS Service Globally: The Story Behind the Deal

It’s an exciting day for Joe Lauer. The Seattle entrepreneur and founder of Cloudhopper, a mobile messaging service, just told me his startup has been acquired by Twitter, the micro-messaging giant based in San Francisco. Financial terms of the cash-and-stock deal weren’t released, but Lauer and fellow employee Kristin Kanaar have joined Twitter full-time. Lauer … Continue reading “Twitter Buys Seattle’s Cloudhopper to Expand SMS Service Globally: The Story Behind the Deal”

Small Explosion, Evacuation at E Ink

A small explosion at E Ink forced an evacuation of the company’s Cambridge, MA, offices and manufacturing facilities near Fresh Pond this afternoon. No injuries were reported, but employees have been sent home for the weekend as the company deals with water damage from the building’s sprinkler system. The company said in a statement released … Continue reading “Small Explosion, Evacuation at E Ink”

Athenahealth Hires IBM

Watertown, MA-based Athenahealth (NASDAQ: [[ticker:ATHN]]), which provides electronic health records and billing systems to physicians’ practices, has turned to the Managed Process Business Services wing of IBM (NYSE: [[ticker:IBM]]) for administrative and IT support, the companies announced today. IBM will help Athenahealth with tasks like data entry and physician billing. The deal “will enable Athenahealth … Continue reading “Athenahealth Hires IBM”

Athenahealth’s Ed Park and Media Lab’s John Moore Join Lineup for Monday’s “Healthcare in Transition” Xconomy Forum; Few Tickets Remain

The question of how we pay for healthcare has been under the microscope in recent months, but what can we do to radically improve the care itself? Examining how information technology can help with that challenge is the whole point of Xconomy’s Healthcare in Transition forum, which will be held on Monday afternoon at the … Continue reading “Athenahealth’s Ed Park and Media Lab’s John Moore Join Lineup for Monday’s “Healthcare in Transition” Xconomy Forum; Few Tickets Remain”

Mascoma Collects $3.4M in Debt Round

Mascoma, the Lebanon, NH-based developer of advanced methods for making ethanol from wood fiber and other non-edible plant matter, has raised $3.4 million toward a $10 million round of convertible debt financing, according to regulatory documents filed April 21. The funding presumably puts the company in stronger position to move forward with construction of an … Continue reading “Mascoma Collects $3.4M in Debt Round”

Connect Inducts Software Pioneer Peter Preuss to Entrepreneurial Hall of Fame

Connect, San Diego’s non-profit group for technology innovation, officially inducted software industry pioneer Peter Preuss into its Entrepreneurial Hall of Fame during a luncheon yesterday that recounted his life story—from a nerd growing up in postwar Berlin to a successful technology entrepreneur and prominent patron of both education and cancer research. Preuss is the eighth … Continue reading “Connect Inducts Software Pioneer Peter Preuss to Entrepreneurial Hall of Fame”

Creating a Virtual 3-D World: Inside PhotoCity from UW and Cornell

[Updated 3:30 pm, 4/23/10. See below] Zoran Popovic, a computer scientist at the University of Washington, is constructing 3-D virtual recreations of real life. First step, the UW campus; next, the whole world. Building on a previous program called Photo Tourism that pieces together photos culled from Flickr into virtual 3-D models, PhotoCity is a … Continue reading “Creating a Virtual 3-D World: Inside PhotoCity from UW and Cornell”

TechTown’s New $5M Fund Only a Baby Step for FastTrac Entrepreneurs

Don’t get Randal Charlton wrong. The executive director at the TechTown business incubator in Detroit is thankful for a recent announcement of $5 million coming his way to help graduates of his FastTrac business training program launch their companies. But, he says, look at it this way: The money, granted by the New Economy Initiative, … Continue reading “TechTown’s New $5M Fund Only a Baby Step for FastTrac Entrepreneurs”

Dodd Bill Update: Listening to the Market

Like an entrepreneur listening to market feedback while designing a product, Senator Christopher Dodd (D-Conn) has made some improvements to features of his pending legislation that we described last month. Originally designed to fight the “too big to fail” problem in the financial markets, many constituents—including the Angel Capital Association and the National Venture Capital … Continue reading “Dodd Bill Update: Listening to the Market”

San Diego’s Cibus Inks Deal with Flax Growers Eager to Avoid GMO Flak

San Diego’s Cibus Global is uniting with Canada’s flax growers to develop a crop strain resistant to glyphosate, the active ingredient in the widely used weed killer Roundup. Flax, also known as linseed, is a major crop grown for both its seeds and fibers, with various parts of the plant used to make linen and … Continue reading “San Diego’s Cibus Inks Deal with Flax Growers Eager to Avoid GMO Flak”

Detroit: America’s Laboratory for Innovation

What the heck is Xconomy doing opening a bureau in Detroit? The same thing we’ve been doing all along: seeking out technology innovators in key cities and chronicling the work they’re doing to turn their ideas into businesses that will drive the economy forward, both regionally and nationally. There’s no question that Detroit falls short … Continue reading “Detroit: America’s Laboratory for Innovation”

Hold On To Your Brightest Young People, Michigan

I don’t have five pithy things to tell entrepreneurs in Michigan, but I do have one comment based on my 16 years in Ann Arbor trying to help commercialize biotech/medtech innovations at the University of Michigan. Do everything possible to keep your young in Michigan. The three research universities in Michigan, U-M, Michigan State University, … Continue reading “Hold On To Your Brightest Young People, Michigan”

Genzyme Expects to Pay $175M to FDA, Westphal Leaves Sirtris to Run GSK Venture Arm, Gelesis Obesity Treatment Passes First Human Trial, & More Boston-Area Life Sciences News

Headlines from both long-established pharma companies and stealthy biotech startups made it a busy life sciences news week for us. —It was a life sciences-focused week for us, with the introduction of our new life sciences columnist, Sylvia Pagán Westphal, a journalist who’s covered biotech for big-name publications. Her inaugural post likened the lack of … Continue reading “Genzyme Expects to Pay $175M to FDA, Westphal Leaves Sirtris to Run GSK Venture Arm, Gelesis Obesity Treatment Passes First Human Trial, & More Boston-Area Life Sciences News”

Soft Tissue Regeneration Receives $500,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0159ae50-029a-4f4c-9460-669621eaa195&Preview=1 Date 4/23/2010 Company Name Soft Tissue Regeneration Mailing Address 1266 East Main Street Stamford, CT 06902 Company Description Soft Tissue Regeneration has developed and preliminarily tested a potential breakthrough technology for soft tissue regeneration of the anterior cruciate ligament of the knee. Website http://www.softtissueregeneration.com Transaction Type Venture Equity Transaction Amount $500,000 … Continue reading “Soft Tissue Regeneration Receives $500,000 New Financing”

Aragon Pharmaceuticals Receives $22,000,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f63a0b96-de96-4815-837a-947ab4dea4a7&Preview=1 Date 4/23/2010 Company Name Aragon Pharmaceuticals Mailing Address 4215 Sorrento Valley Blvd. San Diego, CA 92121 Company Description Aragon Pharmaceuticals is a San Diego based biopharmaceutical company focused on developing a pipeline of new anti-endocrine therapies targeting the biology of hormone resistant cancers. Website http://www.aragonpharmaceuticals.com Transaction Type Venture Equity Transaction Amount … Continue reading “Aragon Pharmaceuticals Receives $22,000,000 Series B Financing”

OpenCandy Lands $5,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8fc2bfd2-27e8-47b0-b608-e0897ea5c429&Preview=1 Date 4/23/2010 Company Name OpenCandy Mailing Address 656 5th Avenue San Diego, CA 92120 Company Description OpenCandy was started by founding and early members of DivX, at which we were responsible for distributing hundreds of millions of DivX software downloads, and now we want to use what we’ve learned to help … Continue reading “OpenCandy Lands $5,000,000 Series B Funding”

XOS Digital Secures Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b587ef08-f13f-4cef-a323-07a2d99a50f2&Preview=1 Date 4/23/2010 Company Name XOS Digital Mailing Address 101 Billerica Avenue Building 7 North Billerica, MA 01862 Company Description XOS Technologies is the leading technology partner for maximizing the value of content, commerce and services for sports organizations and fans. As such, the company strives to redefine the way people interact … Continue reading “XOS Digital Secures Series B Financing”

Facet Solutions Secures $2,100,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ebffbc93-1958-4eef-8d91-5a1b85ba7710&Preview=1 Date 4/23/2010 Company Name Facet Solutions Mailing Address 45 South Street Hopkinton, MA 01748 Company Description Facet Solutions, Inc. is a privately held, venture backed company that is focused on developing and commercializing surgical devices for the treatment of facet related spinal disorders. Website http://www.facetsolutions.com Transaction Type Venture Equity Transaction Amount … Continue reading “Facet Solutions Secures $2,100,000 New Round”

SolFocus Obtains $3,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d3757d5-7992-43af-8fe8-94e1b4dc471f&Preview=1 Date 4/23/2010 Company Name SolFocus Mailing Address 510 Logue Avenue Mountain View, CA 94043 Company Description SolFocus develops and markets products that generate electricity using concentrator solar photovoltaics. Website http://www.solfocus.com Transaction Type Debt Transaction Amount $3,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Atel … Continue reading “SolFocus Obtains $3,000,000 New Financing Round”

Lens Vector Secures New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=14081c6d-20be-44ac-8dc7-eabd33ccc506&Preview=1 Date 4/23/2010 Company Name Lens Vector Mailing Address 2307 Leghorn Street Mountain View, CA 94043 Company Description LensVector has developed breakthrough optical technology that can shape, steer and focus light without mechanical movement. LensVector replaces the complex, bulky and often fragile mechanical systems of a camera module with simple, solid-state components … Continue reading “Lens Vector Secures New Funding Round”

T-System Garners New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f1d16017-25fd-44ad-a6af-cbc1acfc3421&Preview=1 Date 4/23/2010 Company Name T-System Mailing Address 4020 McEwen Dr Dallas, TX 75244 Company Description T-System, Inc. and T-System Technologies, Ltd. (The T-System) meet the current and future clinical documentation demands of emergency departments across the world with advanced solutions, innovation and unmatched commitment. Website http://www.tsystem.com Transaction Type Venture Equity Transaction … Continue reading “T-System Garners New Financing Round”

Amazon, Microsoft Post Profits; Shares Fall

Seattle-area tech giants Amazon.com and Microsoft reported their earnings for the first three months of 2010 today, and each touted significant increases in profits compared with the same period a year ago. Microsoft (NASDAQ: [[ticker:MSFT]]) reported a quarterly profit of $4.01 billion, an increase of 35 percent over the first three months of 2009, thanks … Continue reading “Amazon, Microsoft Post Profits; Shares Fall”

Michigan Governor: Create Clean Energy Jobs to Compete for $20M in Stimulus Funds

Michigan Gov. Jennifer Granholm is making $20 million in federal stimulus funds available to Michigan manufacturers who want to diversify, retool, and create jobs in clean energy. Granholm announced the Recovery Act funding Wednesday at the Michigan Wind Energy Conference in Detroit. The governor said that Michigan companies can compete for $15 million in grants … Continue reading “Michigan Governor: Create Clean Energy Jobs to Compete for $20M in Stimulus Funds”

San Diego’s Place in the Sun: Getting Smarter About Energy, Starting June 8

Today is the 40th anniversary of Earth Day in the United States, an occasion that is now observed by just about every country on the planet. Within the past four decades, we have witnessed the price of crude oil careen from about $3 a barrel in the early 1970s to almost $148 a barrel in … Continue reading “San Diego’s Place in the Sun: Getting Smarter About Energy, Starting June 8”

Technology Alliance Showcases Five Companies in Sensors, Mobile Displays, and Drug Therapies: Investors Take Notice

Yesterday afternoon, I attended the Seattle-based Technology Alliance’s “Innovation Showcase” at the Rainier Square Conference Center downtown. This is a relatively new event—the fourth one so far, and the first open to the press—in which tech and life sciences companies from Washington state pitch their businesses to a small, select crowd of angel investors, entrepreneurs, … Continue reading “Technology Alliance Showcases Five Companies in Sensors, Mobile Displays, and Drug Therapies: Investors Take Notice”

Pluromed Raises $1.1M

Pluromed, a Woburn, MA-based maker of medical devices, has raised $1.1 million of a planned $3.9 million equity offering, from 16 investors, according to an SEC filing. Founded in 2003, Pluromed develops devices designed to control bleeding in a range of surgeries, from cardiac and vascular to reconstructive procedures, that can also be used to … Continue reading “Pluromed Raises $1.1M”

The XSITEment Returns on June 17 at Babson College—X Prize Founder Diamandis to Keynote Xconomy Summit

Most Xconomy events last only an afternoon or an evening. Barely enough time, in other words, to scratch the surface of all the amazing work technology entrepreneurs are doing around New England, in areas as varied as cloud computing, health IT, mobile commerce, smart grid technology, and the future of drug development. But our flagship … Continue reading “The XSITEment Returns on June 17 at Babson College—X Prize Founder Diamandis to Keynote Xconomy Summit”

Aragon Pharmaceuticals Moves to First Clinical Trial with $22M

Venture capitalists are placing a big bet on a San Diego startup’s new approach to treating cancers by targeting certain hormones. Aragon Pharmaceuticals reports this morning that it plans to use $22 million raised in its Series B round of funding to advance its lead drug for prostate cancer into an initial clinical trial. Aragon, … Continue reading “Aragon Pharmaceuticals Moves to First Clinical Trial with $22M”

Anadys Reports Interim Hep C Drug Data, Ligand Collects Milestone Payment, Phenomix’s Diabetes Drug Shows Promise, & More San Diego Life Sciences News

Progress on the drug development front dominated the headlines in the past week, although one company, Phenomix, also had some bad news. Get those details and more here. —Phenomix announced that diabetic patients who took its experimental drug dutogliptin in a clinical trial saw statistically significant drops in their blood sugar. But the company is … Continue reading “Anadys Reports Interim Hep C Drug Data, Ligand Collects Milestone Payment, Phenomix’s Diabetes Drug Shows Promise, & More San Diego Life Sciences News”

Sirtris Vet Michelle Dipp Takes Over Key Role at Glaxo as Westphal Returns to VC

From the moment GlaxoSmithKline acquired Cambridge, MA-based Sirtris Pharmaceuticals about two years ago for $720 million, the pharma giant said it wanted two of Sirtris’ principals, Christoph Westphal and Michelle Dipp, to help it connect with some of the best people and biotech ideas in Boston. That’s still true today, although the specific roles for … Continue reading “Sirtris Vet Michelle Dipp Takes Over Key Role at Glaxo as Westphal Returns to VC”

Obesity Capsule From Gelesis, Made to Swell Up in the Stomach, Passes First Human Trial

There must be a million ideas to help the many millions of obese Americans lose weight. Today, doctors will get a glimpse at a first-of-its-kind treatment from Boston-based Gelesis, where scientists have created a capsule that expands in the stomach to make people feel full and eat less. Gelesis has said little about this idea … Continue reading “Obesity Capsule From Gelesis, Made to Swell Up in the Stomach, Passes First Human Trial”

AVI Biopharma Ousts CEO, CombiMatrix Drops Seattle Wing, Cell Therapeutics Cans 36 Workers, & More Seattle-Area Life Sciences News

There was more than the usual amount of carnage this week on the Seattle biotech beat. —AVI Biopharma (NASDAQ: [[ticker:AVII]]) ousted CEO Les Hudson as part of a boardroom coup. The board installed chief financial officer David Boyle as the interim CEO, and a company spokesman says Boyle has the board’s confidence and is a … Continue reading “AVI Biopharma Ousts CEO, CombiMatrix Drops Seattle Wing, Cell Therapeutics Cans 36 Workers, & More Seattle-Area Life Sciences News”

Healthcare Dominates Massachusetts’ Top 10 Deals

Earlier this week, my colleague Bruce took a look at venture capital activity across the country in the first quarter of 2010, and found that investors were sinking more cash into startups than they did a year ago. We track these deals with data provided by private company intelligence platform CB Insights, Dow Jones VentureSource, … Continue reading “Healthcare Dominates Massachusetts’ Top 10 Deals”

Refined Innovation: A New Approach to Investing

It’s obvious that the financial downturn has negatively impacted innovation. Lack of investment has meant fewer startups, and lack of capital for liquidity events and exits has pushed a listless market into even greater torpor. Overall, the downward pressure is preventing a lot of great new ideas and technological advances from getting off the ground. … Continue reading “Refined Innovation: A New Approach to Investing”

Five Ways to Boost Entrepreneurship and Innovation in Michigan

[Editor’s note: To help launch Xconomy Detroit, we’ve queried our network of Xconomists and other innovation leaders around the country for their list of the most important things that entrepreneurs and innovators in Michigan can do to reinvigorate their regional economy.] 1) Create great technologies 2) Bring more venture capital into the region 3) Get … Continue reading “Five Ways to Boost Entrepreneurship and Innovation in Michigan”

Delphi Eager to Leave Bankruptcy Behind, Build Connections to Auto Industry’s Future

Auto parts manufacturer Delphi has a simple description of what it’s been up to during these past four years of bankruptcy reorganization. “We’ve been quiet, but we’ve been busy,” says Jeffrey Owens, president of Delphi’s electronics and safety division. The recent Society of Automotive Engineers (SAE) World Congress in Detroit was a kind of coming-out … Continue reading “Delphi Eager to Leave Bankruptcy Behind, Build Connections to Auto Industry’s Future”

Boston Opens Its Arms to UK Mobile Startups

After spending some time last week at the launch of Mass Challenge, I wanted to share a few thoughts on recent experiences with the local innovation community, for two reasons: First, I hope they might spur further collaboration between UK Trade & Investment and the Boston tech community given some recent successes. And second, given … Continue reading “Boston Opens Its Arms to UK Mobile Startups”

Catabasis Pharmaceuticals Garners $39,600,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0b53ebc6-9820-41c1-90a3-1da5f7f2ce5d&Preview=1 Date 4/22/2010 Company Name Catabasis Pharmaceuticals Mailing Address 161 First Street Cambridge, MA 02142 Company Description At Catabasis we are dedicated to the discovery and development of innovative, effective and safe medicines to treat inflammatory and metabolic diseases. We have assembled a team of highly motivated and experienced scientists who are … Continue reading “Catabasis Pharmaceuticals Garners $39,600,000 Series A Funding Round”

HemaQuest Pharmaceuticals Secures $12,000,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ac04b182-ad45-419c-9938-894c276e9ebc&Preview=1 Date 4/22/2010 Company Name HemaQuest Pharmaceuticals Mailing Address 1229 Madison Street Seattle, WA 98104 Company Description HemaQuest is a company developing proprietary small molecule therapeutics to treat serious blood disorders. Website http://www.hemaquest.com Transaction Type Venture Equity Transaction Amount $12,000,000 Transaction Round Series B Proceeds Purposes The financing is intended to help … Continue reading “HemaQuest Pharmaceuticals Secures $12,000,000 Series B Financing Round”

Imagine Communications Obtains $10,000,000 Series C Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8586b33c-086f-4d56-b5fb-70918a3ad0c1&Preview=1 Date 4/22/2010 Company Name Imagine Communications Mailing Address 12235 El Camino Real San Diego, CA 92130 Company Description Imagine Communications has launched the industry’s most powerful and scalable PersonalizedTV™ platform for broadband operators. Imagine’s breakthrough next-generation statistical multiplexing technology and software-based infrastructure solutions enable tremendous bandwidth improvements, enhanced video quality, and … Continue reading “Imagine Communications Obtains $10,000,000 Series C Round”