Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3c77333c-6b18-4fe5-be32-9581e9b5bd22&Preview=1 Date 3/23/2010 Company Name SpectraWatt Mailing Address 7175 NW Evergreen Pkwy Hillsboro, OR 97124 Company Description SpectraWatt will manufacture and supply photovoltaic cells to solar module makers. In addition to focusing on advanced solar cell technologies, SpectraWatt will concentrate development efforts on improvements in current manufacturing processes and capabilities to reduce … Continue reading “SpectraWatt Receives $41,400,000 New Financing Round”
Wistia Obtains $775,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1bfe41dd-4dec-4aa7-a821-458524e04cb6&Preview=1 Date 3/23/2010 Company Name Wistia Mailing Address 430 Marrett Road Lexington, MA 02421 Company Description We’re dedicated to developing simple tools that help you and your business bring video into any conversation with any audience. Founded in 2006 and headquartered in Lexington, Massachusetts, Wistia, Inc. is a provider of business video … Continue reading “Wistia Obtains $775,000 New Financing”
Kidzui Garners $4,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2e7ea9b3-a8fa-45c6-aef0-ad3573b1700c&Preview=1 Date 3/23/2010 Company Name Kidzui Mailing Address 2448 Historic Decatur Rd San Diego, CA 92106 Company Description The company is developing software that lets children harness info from the internet. Website http://www.kidzui.com Transaction Type Venture Equity Transaction Amount $4,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms … Continue reading “Kidzui Garners $4,000,000 New Round”
1020 Garners $3,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=27ef5dd7-57c2-45ec-bb81-bbed2c2dc0c5&Preview=1 Date 3/23/2010 Company Name 1020 Mailing Address 165 Page Street San Francisco, CA 94102 Company Description Placecast is the breakthrough advertising service from 1020 Inc., a pioneer in enabling highly targeted, uniquely effective advertising. Comprising an outstanding team of experts in marketing, advertising, media and technology, 1020 offers Placecast Media for … Continue reading “1020 Garners $3,000,000 Series B Financing”
Aerohive Networks Secures $23,500,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d4317476-64f9-40d5-acd6-ded4453b91a7&Preview=1 Date 3/23/2010 Company Name Aerohive Networks Mailing Address 3150-C Coronado Drive Santa Clara, CA 95054 Company Description Aerohive Networks is pioneering a next-generation enterprise wireless LAN architecture. Aerohive’s cooperative control wireless LAN architecture eliminates wireless LAN controllers, providing all the management, mobility, and security of controller-based architectures without the cost, capacity, … Continue reading “Aerohive Networks Secures $23,500,000 Series C Financing Round”
Offerpal Media Acquires Tapjoy for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d81b18d6-aa3d-4106-ab3c-a9f41b9531eb&Preview=1 Date 3/23/2010 Company Name Tapjoy Mailing Address Undisclosed Palo Alto, CA 94300 Company Description Make Money From Your Mobile Apps with Tapjoy. How much money are you leaving on the table? Choose the Highest eCPM’s in Real Time from six different ad networks. Website http://www.tapjoy.com Transaction Type M&A Transaction Amount Undisclosed … Continue reading “Offerpal Media Acquires Tapjoy for Undisclosed Sum”
Lee Hood: Genomics 101
Institute for Systems Biology founder Lee Hood and his colleagues recently published a groundbreaking paper detailing the first whole genome sequencing of a family. Expected to boost the power and impact of genetic research, the study offers the first direct estimate of the human intergenerational mutation rate and pushes researchers closer to discovering the role … Continue reading “Lee Hood: Genomics 101”
13 Teams, 100 People, 54 Hours: Lessons from Startup Weekend in Seattle
“Exhaustingly awesome.” “The talent in that room is pretty inspiring.” “54 hours…from idea to products I’d pay money for in just 54 hours. Wow.” Those are just a couple comments I gleaned from some of the attendees and guests at the demos held at the Startup Weekend demo finale. I’d second each of these thoughts—you … Continue reading “13 Teams, 100 People, 54 Hours: Lessons from Startup Weekend in Seattle”
Avaak Raises $10M to Expand Market for Wireless Video Monitor
Avaak, the San Diego startup that specializes in ultra low-power wireless video networking technology, says today it has raised $10 million in a Series B round of venture funding led by Qualcomm Ventures, the San Diego chipmaker’s strategic investment arm. Existing investors Trinity Ventures, InterWest Partners, and Leapfrog Ventures joined in the round. The three … Continue reading “Avaak Raises $10M to Expand Market for Wireless Video Monitor”
Searching For Signs of a Comeback in San Diego’s Innovation Economy
San Diego’s innovation economy obviously imploded last year—dragged down by general economic conditions that were hammered by the collapse in Southern California real estate, the breakdown of the capital markets, and a decline in tourism. Now there are signs that things are stabilizing, and might even be gradually improving, according to several reports released last … Continue reading “Searching For Signs of a Comeback in San Diego’s Innovation Economy”
Rich Barton Travel Startup Funded
New Travelco, a stealthy Seattle startup co-founded by Rich Barton and Greg Slyngstad, has raised $9.8 million in equity financing, according to a regulatory filing. The investors were not disclosed, but Brad Silverberg of Ignition Partners and Joel Cutler of General Catalyst Partners are also listed on the form as directors of the company. Barton … Continue reading “Rich Barton Travel Startup Funded”
Novell Rejects $2B Bid
Novell, a Waltham, MA-based network software maker, announced that its board rejected a $2 billion buyout bid from private equity firm Elliott Associates, saying that the $5.75-per-share offer undervalues the company’s growth prospects. Novell said that the board would examine alternatives for increasing stockholder value through methods such as stock repurchases, cash dividends, partnerships, or … Continue reading “Novell Rejects $2B Bid”
Cell Therapeutics Shares Crash as Lymphoma Drug Gets Shot Down by FDA Panel
[Updated: 4:35 pm Eastern] Cell Therapeutics’ new lymphoma drug failed to win a recommendation today from a panel of cancer experts who advise the FDA. Shares of the company fell by 48 percent on the news. The crash came after FDA’s Oncologic Drugs Advisory Committee voted 9 to 0 today against the Seattle-based company’s application … Continue reading “Cell Therapeutics Shares Crash as Lymphoma Drug Gets Shot Down by FDA Panel”
Aulet Appointed Managing Director of MIT Entrepreneurship Center
Bill Aulet, an Xconomist and active innovation advocate, has been appointed managing director of the MIT Entrepreneurship Center, which seeks to work with MIT students, faculty, and others outside the school to foster entrepreneurship. Aulet is an MIT Sloan School of Management senior lecturer who began his career at IBM, ran two private companies, and … Continue reading “Aulet Appointed Managing Director of MIT Entrepreneurship Center”
Icahn Gets One More Seat on Biogen Board
[Updated — 3/22/10, 11:30 am Eastern time] There will be no proxy battle between billionaire Carl Icahn and Biogen Idec this year. Cambridge, MA-based Biogen (NASDAQ:[[ticker:BIIB]]) says this morning it has struck a deal with Icahn in which two new members have been added to Biogen’s board of directors, including one of the candidates Icahn … Continue reading “Icahn Gets One More Seat on Biogen Board”
FDA Cancer Drug Boss Slams Cell Therapeutics Application For Lymphoma Drug
[Updated: 10:05 am Eastern, 3/22/10] The chief of cancer drug reviews at the FDA, Richard Pazdur, laid out a harsh critique this morning of a new drug that Cell Therapeutics is hoping will win approval for the U.S. market. The company’s case for pixantrone (Pixuvri) is being heard this morning in front of the Oncologic … Continue reading “FDA Cancer Drug Boss Slams Cell Therapeutics Application For Lymphoma Drug”
MaxLinear Ready for IPO, Lindbergh Grandson Announces Electric Aircraft Prize, EMN8 Raises $14.4M, & More San Diego BizTech News
We had an interesting mix of high-tech news last week, as several efforts to raise capital took shape, and famed aviator Charles Lindbergh’s grandson announced an electrifying new incentive prize. Read on to learn what it’s all about. —Carlsbad, CA-based chipmaker MaxLinear is expected to go public this week. The company, which specializes in designing … Continue reading “MaxLinear Ready for IPO, Lindbergh Grandson Announces Electric Aircraft Prize, EMN8 Raises $14.4M, & More San Diego BizTech News”
The Genetics Institute Alumni: Where Are They Now?
[Updated: 11:50 am, 8/27/12] Genetics Institute stopped making biotech headlines a long time ago. But almost 15 years after it was acquired, this high-flier from the industry’s first big wave in the 1980s is still having a ripple effect on the Boston biotech scene. It was one of the key companies that recruited, inspired, and … Continue reading “The Genetics Institute Alumni: Where Are They Now?”
“Atmos Inside”: EMC’s Grand Plan to Unify Public and Private Clouds
It may not be a coincidence that the companies most closely associated with the idea of cloud computing, such as Google, Amazon, and Rackspace, are known mainly as Web or Software-as-a-Service companies rather than as makers of actual computer hardware or shrink-wrapped software. After all, the whole idea of the cloud is to outsource your … Continue reading ““Atmos Inside”: EMC’s Grand Plan to Unify Public and Private Clouds”
DigitalScirocco Rolls Out of Stealth, Creates New Marketplace for Web Content
Bruce D’Ambrosio wants to change the way content and services are distributed on the Web—and how people make money from them. His new startup, Seattle-based DigitalScirocco, is emerging from pseudo-stealth mode today at the semi-annual DEMO conference in Palm Desert, CA. The company’s service has been live for a couple of months, but has been … Continue reading “DigitalScirocco Rolls Out of Stealth, Creates New Marketplace for Web Content”
Logility Acquires Optiant for $3,300,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b38404ba-551a-4ed8-a882-c339f6caeded&Preview=1 Date 3/22/2010 Company Name Optiant Mailing Address 7 New England Executive Park Burlington, MA 01803 Company Description Optiant helps Global 2000 companies optimize their bottom-line performance by creating responsive and resilient supply chains. As the leading provider of inventory planning and optimization solutions, Optiant’s solutions optimally balance resources, total costs, and … Continue reading “Logility Acquires Optiant for $3,300,000”
New Travelco Garners $9,800,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8b61cd06-b620-44b5-bff4-2692e50e37b6&Preview=1 Date 3/22/2010 Company Name New Travelco Mailing Address 401 2nd Ave South Seattle, WA 98104 Company Description We believe it is still early days in the Internet travel revolution. The increasing power of transparency, connectivity, and mobility will continue to open new worlds to travelers and new channels for suppliers. We … Continue reading “New Travelco Garners $9,800,000 New Funding Round”
Avaak Receives $10,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1b144fdc-b1a2-4aee-8b44-3365b54e379f&Preview=1 Date 3/22/2010 Company Name Avaak Mailing Address 9645 Scranton Road San Diego, CA 92121 Company Description Our goal is to be the world leader in the market for intelligent ad-hoc video networks that are completely un-tethered to (or unconstrained by) existing power, network and carrier infrastructures. Website http://www.avaak.com Transaction Type Venture … Continue reading “Avaak Receives $10,000,000 Series B Financing Round”
Nodality Lands $15,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7858bbe9-ef3d-4adf-96a1-2919dd382cbe&Preview=1 Date 3/22/2010 Company Name Nodality Mailing Address 201 Gateway Blvd. South San Francisco, CA 94080 Company Description Nodality Inc. is a privately held emerging biotechnology company focused on developing mechanistic and patient-specific classification of disease. Website http://www.nodalityinc.com Transaction Type Venture Equity Transaction Amount $15,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds from … Continue reading “Nodality Lands $15,500,000 New Financing Round”
Double Fusion Garners New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=16b84234-f33c-4930-90cb-7dae041b1e9f&Preview=1 Date 3/22/2010 Company Name Double Fusion Mailing Address 50 California St San Francisco, CA 94111 Company Description Double Fusion is a leading company that specializes in real time, dynamic in-game advertising for video games. Website http://www.DoubleFusion.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes The company said … Continue reading “Double Fusion Garners New Round”
Magnetic Receives $1,250,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=20eb52a1-56a5-4a8d-ab45-fc43441f24a6&Preview=1 Date 3/22/2010 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 Receives $1,250,000 New Financing Round”
TerraLUX Obtains $5,600,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a87f4fc0-7cb0-45d6-9110-6dcb575ffab3&Preview=1 Date 3/22/2010 Company Name TerraLUX Mailing Address 1830 Lefthand Circle Longmont, CO 80501 Company Description TerraLUX, Inc. designs, patents, manufactures, and distributes LED-based lighting solutions for a variety of markets and applications including Portable, Medical, Industrial, and General Illumination. Website http://www.terraluxcorp.com Transaction Type Venture Equity Transaction Amount $5,600,000 Transaction Round Series … Continue reading “TerraLUX Obtains $5,600,000 Series A Round”
Compact Power to Build Li-ion Plant
Compact Power, a Troy, MI-based subsidiary of South Korean manufacturer LG Chem, will spend $303 million to build a new lithium-ion battery plant in the west Michigan city of Holland. The companies said the plant will break ground this summer and by 2013 will employ more than 400 people. LG Chem already supplies battery cells … Continue reading “Compact Power to Build Li-ion Plant”
CIO Agenda: Delivering in Changing Times
Gain new insights from top CIO leaders and Barbara Gomoloski, managing vice president of Gartner research consultants. Hear about the challenges and opportunities facing Enterprise IT leaders, and their strategies for success. Learn what vendors and technologies are winning, and which ones are being left behind. Registration begins at 7 a.m., or register online here.
Biotech Demystified: UCSD Offers Science Basics For Industry Leaders
U.C. San Diego’s Rady School of Management, the division of Biological Sciences, and the Skaggs School of Pharmacy and Pharmaceutical Sciences are offering their seventh annual program for executives and decision-makers gain a practical understanding the biotechnology and pharmaceutical industries. Classes are held at the Rady School. Online information and registration is here.
Technology Transfer in Life Sciences: Current Practices and the Future
What role will technology transfer play in the commercialization of the next generation of life sciences products? Biocom has asked Genetic Engineering News Editor-in-Chief John Sterling to moderate as leading experts discuss common barriers to commercialization in the life sciences industry, determine how we can overcome those barriers and what impact technology transfer will have … Continue reading “Technology Transfer in Life Sciences: Current Practices and the Future”
Lindbergh Grandson Launches Incentive Prizes for Advances in Electric Aircraft and Green Aviation
As paragliders and hang gliders swooped overhead, the grandson of famed aviator Charles “Lucky Lindy” Lindbergh chose a stunning panoramic San Diego clifftop to announce the formation of a new incentive prize to recognize advancements in electric aircraft technology. Seattle-area resident Erik Lindbergh says the Lindbergh Electric Aircraft Prize, or LEAP, is intended to stimulate … Continue reading “Lindbergh Grandson Launches Incentive Prizes for Advances in Electric Aircraft and Green Aviation”
Theraclone Raises $1.5M
Theraclone Sciences, the Seattle-based developer of antibody drugs, has raised another $1.5 million in equity financing, according to a regulatory filing. The new equity comes after Theraclone received $29 million in venture capital in March 2007 from Arch Venture Partners, Canaan Partners, Healthcare Ventures, Amgen Ventures, MPM Capital, and Alexandria Real Estate Equities. The company … Continue reading “Theraclone Raises $1.5M”
Fabless Chipmaker MaxLinear Prepares for Next Week’s Modest IPO
Little did I know when I canceled an interview in September with MaxLinear CEO Kishore Seendripu that my journalistic window of opportunity would irrevocably close—and it probably won’t crack open again until some Grizzly Adams wins the jackpot in this year’s Nenana River Ice Classic. Needless to say, MaxLinear deflected my subsequent attempts to reschedule … Continue reading “Fabless Chipmaker MaxLinear Prepares for Next Week’s Modest IPO”
Genetix Gets $35M for Gene Therapy, FDA Delays Decision on Alkermes/Amylin Drug, MedMinder and Vitality Tackle Medication Compliance, & More Boston-Area Life Sciences News
The FDA added some suspense to one New England biotech firm’s week, while two others reached closure on nice-sized venture deals. —Genetix Pharmaceuticals raised $35 million in a Series B round of venture capital from new investors Third Rock and Genzyme Ventures and return backers Easton Capital, Forbion Capital Partners, and TVM Capital. Ryan took … Continue reading “Genetix Gets $35M for Gene Therapy, FDA Delays Decision on Alkermes/Amylin Drug, MedMinder and Vitality Tackle Medication Compliance, & More Boston-Area Life Sciences News”
Avvo, New $10M in Hand, Tears a Page from Expedia, Amazon Playbooks
Anytime a consumer Internet startup raises $10 million, it’s big news, especially around Seattle these days. So you’d think Avvo would want to tell the world about what it’s doing with all that money, which it just raised in a Series C investment round from DAG Ventures, Benchmark Capital, and Ignition Partners. But founder and … Continue reading “Avvo, New $10M in Hand, Tears a Page from Expedia, Amazon Playbooks”
Cell Therapeutics FDA Panel Primer: Take Two
Seattle-based Cell Therapeutics (NASDAQ: [[ticker:CTIC]]) is getting ready, one more time, for its make-or-break moment. The big East Coast snowstorm of mid-February postponed this day of reckoning a few weeks, so the company is now getting ready to make its case in front of a committee of cancer drug experts on Monday, March 22. For … Continue reading “Cell Therapeutics FDA Panel Primer: Take Two”
Why I’ve Abandoned Quicken, But Not Intuit
Somebody at Intuit must have seen the writing on the wall. Last September, the Mountain View, CA, software company, which has been selling PC-based personal finance programs since 1983 via floppy discs, CD-ROMs, and downloads, paid $170 million to buy a two-year-old Web startup called Mint.com. If you believe, as I do, that almost everyone … Continue reading “Why I’ve Abandoned Quicken, But Not Intuit”
Innovation Northwest Wrapup: Alder, Tekmira, Acucela, & Other Emerging Little Biotechs
The best reporters are always gathering string, as we like to say in the journalism trade. It means we gather lots of facts and observations in our notebooks, which might not be news at first glance, but can become part of a contextual mosaic that we can rely on later when news breaks. There wasn’t … Continue reading “Innovation Northwest Wrapup: Alder, Tekmira, Acucela, & Other Emerging Little Biotechs”
DNA Synthesis for Beginners: Ginkgo BioWorks Sells the Scissors and Glue
The founders of Boston-based Ginkgo BioWorks think that assembling synthetic biological systems shouldn’t just be for experienced researchers. So they put together a kit that consists of the “scissors and glue for putting together pieces of DNA,” says co-founder Reshma Shetty. Unlike the electronics industry, which sets standards to ensure compatibility and interoperability, the methods … Continue reading “DNA Synthesis for Beginners: Ginkgo BioWorks Sells the Scissors and Glue”
Avvo Lands $10,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a9169de-b774-44d3-8fab-4b05e65f0a40&Preview=1 Date 3/19/2010 Company Name Avvo Mailing Address 1218 Third Avenue Seattle, WA 98101 Company Description Avvo is the only free website that empowers consumers to handle their legal matters with confidence. Avvo rates and profiles every lawyer to help consumers choose the right lawyer, and also offers client reviews, peer endorsements, … Continue reading “Avvo Lands $10,000,000 Series C Funding Round”
Theraclone Sciences Secures $1,500,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6048837a-0e37-4642-9023-fe15977f8259&Preview=1 Date 3/19/2010 Company Name Theraclone Sciences Mailing Address 1124 Columbia Street Seattle Life Sciences Building Seattle, WA 98104 Company Description Theraclone Sciences is a Seattle-based, discovery-stage biotech focused on the development of novel therapeutic antibodies for the treatment of infectious disease and inflammation. Our technology harnesses the power of the human … Continue reading “Theraclone Sciences Secures $1,500,000 New Funding”
Trazzler Receives $350,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e586520-4209-434d-abb2-f605751475fb&Preview=1 Date 3/19/2010 Company Name Trazzler Mailing Address 616 Arkansas Stree San Francisco, CA 94107 Company Description Trazzler places you emotionally into specific moments and locales all over the planet and helps you explore the limitless travel opportunities our world has to offer. Trazzler developer Adam Weller builds the technology that makes … Continue reading “Trazzler Receives $350,000 New Financing Round”
Dolores Labs Receives $5,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=090fa73f-4be7-4965-9eae-f69312495038&Preview=1 Date 3/19/2010 Company Name Dolores Labs Mailing Address 455 Valencia St San Francisco, CA 94103 Company Description We provide Labor as a Service (LaaS) by helping our customers access an always-on, scalable workforce. Unlike traditional methods of outsourcing and hiring which require major lead time and wasteful overhead, Dolores Labs’ web … Continue reading “Dolores Labs Receives $5,000,000 Series A Funding”
Aureon Biosciences Receives $7,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0460e12c-376c-42d1-82f5-a18081a5329a&Preview=1 Date 3/19/2010 Company Name Aureon Biosciences Mailing Address 28 Wells Avenue Yonkers, NY 10701 Company Description Aureon Biosciences is a life science company founded in 2002, dedicated to enabling the advancement of predictive and personalized cancer treatment options. Website http://www.aureon.com Transaction Type Venture Equity Transaction Amount $7,000,000 Transaction Round Undisclosed Proceeds … Continue reading “Aureon Biosciences Receives $7,000,000 New Funding Round”
Amazon Rents More Space from Vulcan
Seattle-based Amazon.com has leased 180,000 square feet of office space at Vulcan Real Estate’s 2201 Westlake building in the South Lake Union neighborhood, as first reported by the Seattle Times. That space is in addition to the 1.7 million square feet that Vulcan is constructing for Amazon’s new headquarters a few blocks north. Amazon employees … Continue reading “Amazon Rents More Space from Vulcan”
Startup Elcelyx Raises $1.2 Million
Elcelyx Therapeutics of San Diego has raised $1.2 million of a planned $2.2 million equity offering, according to an SEC filing. The document says the company’s president is Alain D. Baron, entrepreneur in residence at Morgenthaler Ventures in Menlo Park. Morgenthaler partner Ralph “Chris” Christofferson is an Elcelyx board member, according to the filing.
How the Gist Acquisition of Learn That Name Came About—Old-Fashioned Networking
Between social media, company blogs, and TechCrunch, there is less room for traditional journalism these days. By the time you hear a company’s announcement and actually think about it, talk to the people involved, and have time to write something with any depth, it’s on to the next thing. But I want to take a … Continue reading “How the Gist Acquisition of Learn That Name Came About—Old-Fashioned Networking”
Somaxon Shares Boom on FDA Approval for Insomnia Drug
After three tries, Somaxon Pharmaceuticals has won FDA approval for its insomnia drug. The San Diego-based biotech company said today it has gotten clearance to start selling doxepin (Silenor) in the U.S. for patients with short term and chronic insomnia. The news sent shares of the company (NASDAQ: [[ticker:SOMX]]) up by 60 percent to $6.20 … Continue reading “Somaxon Shares Boom on FDA Approval for Insomnia Drug”
Avvo Raises $10M from New Investor, Looks to Expand Online Legal Services
Seattle-based Avvo, the online legal directory, said today it has raised $10 million in Series C financing, led by new investor DAG Ventures of Palo Alto, CA. Existing investors Benchmark Capital and Ignition Partners also participated in the round. The money will be used to help Avvo expand and enhance its online products. The company … Continue reading “Avvo Raises $10M from New Investor, Looks to Expand Online Legal Services”