Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=69228b27-7e5d-449b-b1a5-f416147b1255&Preview=1 Date 3/16/2010 Company Name EMN8 Mailing Address 10070 Mesa Rim Rd. San Diego, CA 92121 Company Description EMN8® is the leading innovator of rich media software delivered over enterprise networks that automate the customer ordering and payment processes in quick service restaurants, movie theatres, theme parks and other exhibition and retail … Continue reading “EMN8 Receives $14,400,000 New Financing Round”
PowerReviews Lands $6,100,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5d415aa6-52e3-4e03-8260-4d69ee57c9e5&Preview=1 Date 3/16/2010 Company Name PowerReviews Mailing Address 665 Third Street San Francisco, CA 94107 Company Description PowerReviews has launched a Web-based portal for consumer reviews of products ranging from shoes to housewares. Website http://www.powerreviews.com Transaction Type Venture Equity Transaction Amount $6,100,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “PowerReviews Lands $6,100,000 New Round”
Poniard Pharmaceuticals Garners $6,300,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e5dadded-ff79-435b-b5ef-6bf8b94d3a40&Preview=1 Date 3/16/2010 Company Name Poniard Pharmaceuticals Mailing Address 7000 Shoreline Court South San Francisco, CA 94080 Company Description Poniard Pharmaceuticals, Inc. (NASDAQ: PARD) is a biopharmaceutical company focused on the development and commercialization of innovative oncology products to impact the lives of people with cancer. Website http://investor.poniard.com Transaction Type Venture Equity … Continue reading “Poniard Pharmaceuticals Garners $6,300,000 New Funding Round”
World Golf Tour Receives $10,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=90935f16-5d6e-4a05-ad03-c143eadcc635&Preview=1 Date 3/16/2010 Company Name World Golf Tour Mailing Address Undisclosed San Francisco, CA 94000 Company Description San Francisco-based World Golf Tour™ (WGT) offers the world’s most photo-realistic online golf experience. WGT seeks to democratize the game of golf via the Web, making golf accessible and affordable for all, and to build … Continue reading “World Golf Tour Receives $10,000,000 Series C Funding Round”
BrightEdge Secures $6,500,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b6b7ece0-02c9-44c4-8a34-c40f0e3b0657&Preview=1 Date 3/16/2010 Company Name BrightEdge Mailing Address 1850 Gateway Drive San Mateo, CA 94404 Company Description BrightEdge is the on-demand leader for Search Engine Optimization (SEO) Management. The company was started by Jim Yu and Lemuel Park to serve the unmet demand for enterprise-class technology that would help marketers extract the … Continue reading “BrightEdge Secures $6,500,000 Series B Funding”
Agile Energy Receives Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9131959d-10a4-404e-8bc3-c5da7bb3857d&Preview=1 Date 3/16/2010 Company Name Agile Energy Mailing Address 1459 18th Street San Francisco, CA 94107 Company Description Agile Energy, Inc. is a developer of utility-scale renewable power generating projects, with focus on photovoltaic and concentrating photovoltaic projects in North America. The Company manages and performs all development activities required to bring … Continue reading “Agile Energy Receives Series A Funding”
Counsyl Obtains $2,200,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ac7cf421-81f0-490f-97ed-cb5c7c8a1eae&Preview=1 Date 3/16/2010 Company Name Counsyl Mailing Address 2200 Bridge Parkway Redwood City, CA 94065 Company Description Counsyl’s mission is to scale up the Jewish community’s successful campaign of universal carrier screening for Tay-Sachs, which vanquished the disease by 2003 (Using Genetic Tests, Ashkenazi Jews Vanquish a Disease, The New York Times). … Continue reading “Counsyl Obtains $2,200,000 New Funding”
Pegasystems Acquires Chordiant Software for $161,500,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9ff20d0d-4e55-4b9d-b61d-747c6e494e01&Preview=1 Date 3/16/2010 Company Name Chordiant Software Mailing Address 20400 Stevens Creek Blvd Cupertino, CA 95014 Company Description Chordiant Software, and its Foundation and Cx Solutions, arms marketing, customer service and customer loyalty executives with a suite of predictive and adaptive decisioning applications to deliver an order of magnitude improvement in customer … Continue reading “Pegasystems Acquires Chordiant Software for $161,500,000”
Sequenom Highlights Its Good News, Keeps Lid on Bad
Sequenom (NASDAQ: [[ticker:SQNM]]) sought to assure shareholders on a variety of fronts today, nearly a year after the San Diego maker of genetic diagnostic tests canceled the launch of its flagship test for Down syndrome due to “employee mishandling of R&D test data and results.” Following an internal investigation, Sequenom announced five months later that … Continue reading “Sequenom Highlights Its Good News, Keeps Lid on Bad”
Seattle Grand Challenges Summit (NAE)
Info and registration here. The National Academy of Engineering (NAE) Seattle “Grand Challenges Summit” is coming on May 2-3. Our topics are “Engineer Better Medicines” and “Engineer the Tools of Scientific Discovery”. New York Times correspondent John Markoff will emcee the conference and we’ve pulled together a number of impressive keynote speakers from both industry … Continue reading “Seattle Grand Challenges Summit (NAE)”
The Hold Steady: Washington Companies Raised $53.5M in 10 Deals in February
Maybe the world of venture capital has stabilized—albeit at a lower but more sustainable level. Last month, companies in Washington state raised about $53.5 million in 10 venture deals. The stats are almost identical to the $57 million invested in eight deals back in January—and still up from the anemic $22 million invested in just … Continue reading “The Hold Steady: Washington Companies Raised $53.5M in 10 Deals in February”
PopCap, Photobucket on Windows Phones
Microsoft announced today a new development platform and marketplace for Windows Phone 7 Series applications. Mobile software developers will be able to make use of Windows Phone accelerometers, location-based services, and push notification services, as well as video, camera, and microphone capabilities, to create games and other visually-based applications. A number of companies with Seattle-area … Continue reading “PopCap, Photobucket on Windows Phones”
Diagnosaurus Aims to ID Ailments
Diagnosaurus aims to be a quick reference tool for physicians as well as concerned moms and dads, allowing users to search for diagnoses by symptom, disease, or organ system. Unbound Medicine, the Charlottesville, VA-based firm that provides the app for the iPhone and iPod Touch, says it offers more than 1,000 different diagnoses. Diagnosaurus is … Continue reading “Diagnosaurus Aims to ID Ailments”
MyNetDiary Counts Calories
There’s no shortage of calorie-counting apps, but the one from the online dieting service MyNetDiary is among the most highly rated ones that we could find. 4Technologies, the Cherry Hill, NJ, firm that developed the service, has free versions of the app for the iPhone and BlackBerry that sync to users’ online MyNetDiary accounts (users … Continue reading “MyNetDiary Counts Calories”
PocketCPR: Anyone Know CPR?!
PocketCPR has some solid credentials among several CPR training apps. For one, the iPhone app employs some of the same technology used in an FDA-cleared device, also called PocketCPR, which provides real-time instructions and feedback to assist people while they perform actual CPR. Pawtucket, RI-based Bio-Detek, the maker of PocketCPR products, markets the iPhone app … Continue reading “PocketCPR: Anyone Know CPR?!”
RunKeeper: How Far, How Fast, How Often…
Don’t ever kid yourself about how far you ran again. RunKeeper is an app that has made strides in keeping people honest and informed about the speed and distance of their runs, using the GPS technology on the iPhone 3G. FitnessKeeper, the app’s developer, offers a free, ad-supported version of it and an ad-free version … Continue reading “RunKeeper: How Far, How Fast, How Often…”
Pegasystems Acquires Chordiant
Cambridge, MA-based Pegasystems, a maker of business process management software, announced it will acquire Chordiant Software for about $161.5 million. The company will pay $5 a share for all outstanding shares of Cupertino, CA-based Chordiant, which also has offices in Bedford, NH, and specializes in customer experience management software. The Chordiant (NASDAQ: [[ticker:CHRD]]) and Pegasystems … Continue reading “Pegasystems Acquires Chordiant”
SS&C Sets IPO Range
SS&C Technologies Holdings, a Windsor, CT-based financial services software provider, has set price range for its initial public offering of 10.725 million shares at between $13 and $15 a share, according to an amended SEC filing. The offering, whose total projected value is between $139.4 million and $160.9 million, includes 8.225 million shares to be … Continue reading “SS&C Sets IPO Range”
Escanaba Firm Puts Green Tech on Buses
Three Michigan cities are trying out new technology to make their buses greener thanks to $538,000 in federal stimulus funds and an Upper Peninsula company. Engineered Machined Products, based in Escanaba, MI, is installing mini-hybrid thermal conversion kits on 19 buses in Bay City, Battle Creek, and Saginaw. The technology, originally developed for the U.S. … Continue reading “Escanaba Firm Puts Green Tech on Buses”
Forma to Discover Lymphoma Drugs in Deal with Leukemia & Lymphoma Society
Cambridge, MA-based Forma Therapeutics has formed a partnership with the Leukemia & Lymphoma Society of White Plains, NY, to discover drugs for immune cell cancers, according to a press release. No financial details were revealed. The partnership will focus on blocking a protein known as “Bcl-6,” which plays a role many lymphomas. Forma has been … Continue reading “Forma to Discover Lymphoma Drugs in Deal with Leukemia & Lymphoma Society”
The 20-Year Outlook for San Diego Life Sciences: Sold Out? Not Anymore
You spoke, and we listened. Demand has been surging for the event we’re organizing on the 20-year outlook for San Diego’s life sciences cluster. We sold out all 130 tickets with three weeks left before the big event on March 31. While I must say we were pretty darn happy about that, it also meant … Continue reading “The 20-Year Outlook for San Diego Life Sciences: Sold Out? Not Anymore”
Amylin, Alkermes Diabetes Drug Delayed by FDA
[Updated: 8:38 am Eastern, 3/15/10] Amylin Pharmaceuticals and its partners Eli Lilly and Alkermes are going to have to wait a while to celebrate. The FDA has delayed an application from San Diego-based Amylin (NASDAQ: [[ticker:AMLN]]) and Indianapolis-based Eli Lilly to start marketing their new diabetes drug, the first once-weekly shot, as a more convenient … Continue reading “Amylin, Alkermes Diabetes Drug Delayed by FDA”
Massachusetts Startups Held Their Own in February—Upwards of $200 Million Invested in 26 Deals
There was a lot of turmoil in the Bay State last month: tumultuous weather, seasonal lethargy, and school vacations, not to mention the ongoing discussion/celebration/lamentation surrounding newly elected senator Scott Brown, who arrived in Washington to create even more confusion around health care reform. But investors sure kept their focus, as the venture deals kept … Continue reading “Massachusetts Startups Held Their Own in February—Upwards of $200 Million Invested in 26 Deals”
How Semantic and Social Search Are Evolving: Lessons From the Evri-Twine Merger
What’s really happening in the emerging fields of semantic and social Web search? I’ve been thinking about this since last week’s merger of Seattle-based Evri and San Francisco-based Radar Networks, the developer of Twine.com. The real story is not that one Paul Allen-backed company has acquired another, or that any investors got hosed in the … Continue reading “How Semantic and Social Search Are Evolving: Lessons From the Evri-Twine Merger”
San Diego’s Small Cap Stocks Arrive in Force at Roth Capital’s Largest Investor Conference
Call it optimism or a sense of relief, but the atmosphere surrounding Roth Capital’s 22nd annual growth stock conference feels more upbeat and expansive. The invitation-only institutional investor conference begins today at the Ritz Carlton in Dana Point, CA, with a 7 a.m. breakfast panel on investing in China, and runs through mid-afternoon Wednesday. Attendee … Continue reading “San Diego’s Small Cap Stocks Arrive in Force at Roth Capital’s Largest Investor Conference”
Rhythm Pharma Gets $21M A Round to Target Obesity, Diabetes
The potential riches for makers of obesity and diabetes treatments are irresistible to biotech entrepreneurs and investors. Rhythm Pharmaceuticals, a drug developer focused on these multibillion-dollar markets, has closed a $21 million Series A round of funding, according to the firm. Rhythm has been quietly incubating at the Boston offices of MPM Capital. Then on … Continue reading “Rhythm Pharma Gets $21M A Round to Target Obesity, Diabetes”
West Wireless Health Institute Names First CEO, Leap Wireless Trims Operations, MaxLinear Sets Price Range for IPO, & More San Diego BizTech News
A recent Harris poll found that most Americans have never heard of a smart meter and they don’t know what the smart grid is, but these new technologies are coming anyway. We’ve got a lot of cleantech news, which we’ll dispense as efficiently as possible. —Is Leap Wireless, (NASDAQ: [[ticker:LEAP]]) optimizing its operations for a … Continue reading “West Wireless Health Institute Names First CEO, Leap Wireless Trims Operations, MaxLinear Sets Price Range for IPO, & More San Diego BizTech News”
FiatLux Takes 3-D Imaging from Video Games to a PC in Your Doctor’s Office
The same people who cultivated their skills with 3-D imaging in the video game department at Microsoft have a new challenge in mind. They want to crunch some of medicine’s more complex 3-D images into a form that’s easy to use for the average physician and patient with a Windows-based PC. That’s the vision of … Continue reading “FiatLux Takes 3-D Imaging from Video Games to a PC in Your Doctor’s Office”
New E Ink Leader Sees Colorful Future for Company Under Taiwan’s Prime View International
A couple of weeks ago, Xconomy broke the news that Russ Wilcox, co-founder of Cambridge, MA-based E Ink, was leaving the company after eight years as CEO. Shortly after that report I caught up with the organization’s new leader, executive vice president T.H. Peng, who was formerly director of strategic planning at Prime View International … Continue reading “New E Ink Leader Sees Colorful Future for Company Under Taiwan’s Prime View International”
Rhythm Pharmaceuticals Receives $21,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd5a15f2-0627-4ac8-9495-35d79b904497&Preview=1 Date 3/15/2010 Company Name Rhythm Pharmaceuticals Mailing Address Undisclosed Boston, MA 02101 Company Description Rhythm is a biotechnology company developing peptide therapeutics that address unmet needs in metabolic diseases. Website http://www.rhythmtx.com Transaction Type Venture Equity Transaction Amount $21,000,000 Transaction Round Series A Proceeds Purposes The funds will be used to develop … Continue reading “Rhythm Pharmaceuticals Receives $21,000,000 Series A Funding Round”
GeoSentric Garners $11,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9146405b-925c-433a-bff9-e44cfed7c62f&Preview=1 Date 3/15/2010 Company Name GeoSentric Mailing Address 175 Metro Center Blvd Warwick, RI 02886 Company Description GeoSentric is a developer and provider of solutions, products and technologies for location based services and LBS-enabled social networks. It develops a leading geo-integration platform for mobile devices, personal navigation devices, web browsers, and other … Continue reading “GeoSentric Garners $11,000,000 New Financing”
Cheetah Medical Lands $20,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6f6a8179-bd5c-427f-8cef-f2180d7dabe6&Preview=1 Date 3/15/2010 Company Name Cheetah Medical Mailing Address 2828 SW Corbett Avenue Portland, OR 97201 Company Description Cheetah Medical is a leading innovator in non invasive cardiac output and hemodynamic monitoring. By providing non-invasive, accurate, continuous and real-time information Cheetah’s products have been used in a broad range of clinical settings … Continue reading “Cheetah Medical Lands $20,000,000 Series B Round”
Magento Receives $22,500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4cfaf881-439f-407d-8db7-7278666ffea0&Preview=1 Date 3/15/2010 Company Name Magento Mailing Address 11832 W Pico Blvd Los Angeles, CA 90064 Company Description Magento was a direct response to the emerging new needs of today’s online merchants. More than any feature or functionality what our clients really needed was “flexibility.” Our primary goal with Magento was to … Continue reading “Magento Receives $22,500,000 New Funding Round”
Weedle Garners $4,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ce51d846-93b1-4a1e-a973-1b32cb14e79f&Preview=1 Date 3/15/2010 Company Name Weedle Mailing Address 228 Hamilton Avenue 3rd Floor Palo Alto, CA 94301 Company Description Anyone, anywhere can use Weedle. Whatever your skill, talent or expertise. Whether your skill is your full time occupation, a new part time interest, your passion or your past time. Whatever your background, … Continue reading “Weedle Garners $4,000,000 New Financing”
NGM Biopharmaceuticals Obtains $51,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ed7bae3b-3c45-4427-bad6-d9b8b1b7c06f&Preview=1 Date 3/15/2010 Company Name NGM Biopharmaceuticals Mailing Address 630 Gateway Blvd South San Francisco, CA 94080-7014 Company Description The company is focused on developing treatments for metabolic diseases. Website http://www.ngmbio.com Transaction Type Venture Equity Transaction Amount $51,000,000 Transaction Round Series B Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “NGM Biopharmaceuticals Obtains $51,000,000 Series B Funding Round”
Hunch Secures $12,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d7228e63-c4aa-4832-9188-8b8cce8e4c60&Preview=1 Date 3/15/2010 Company Name Hunch Mailing Address 54 W. 21st Street New York, NY 10010 Company Description We pride ourselves on being a company with an abundance of creative skills. Frankly, we probably have more than we ought to have. As a matter of fact, we were almost denied our incorporation … Continue reading “Hunch Secures $12,000,000 Series B Funding”
Venture Capital Rebounds in MI
Venture capital activity in Michigan continued a modest rebound in the third quarter of 2009 after steep declines during the credit crunch, according to the “innovation index” compiled by the University of Michigan-Dearborn College of Business. The index, a project of UM-Dearborn’s Center for Innovation Research, rose to 86.9 from 80 during the previous quarter, … Continue reading “Venture Capital Rebounds in MI”
OfferIQ Secures New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ae03f2e8-a785-43f6-b834-84a6bb55f31e&Preview=1 Date 3/14/2010 Company Name OfferIQ Mailing Address Undisclosed New York, NY 10286 Company Description OfferIQ enables banks, retailers, affinity groups and social networks to add in-store incentive functionality to its existing reward/loyalty program or to begin a new program for customer retention and brand loyalty. Website http://www.offeriq.com Transaction Type Venture Equity … Continue reading “OfferIQ Secures New Financing”
Peter Preuss Inducted Into Connect’s Entrepreneur Hall of Fame
Connect has inducted San Diego software pioneer Peter Preuss as the eighth person in its Entrepeneur Hall of Fame. The distinction recognizes entrepreneurs who founded, led, or advanced a San Diego life sciences or technology-based business or organization, and who have contributed to the business sectors that shape our local economy, improve our quality of … Continue reading “Peter Preuss Inducted Into Connect’s Entrepreneur Hall of Fame”
Healthcare and Medical DeviceFest
Biocom and AdvaMed are hosting a day-long conference exploring the implications of healthcare reform and its impact on the medical device industry. This event will outline the latest important developments on healthcare reform, telehealth, reimbursement, regulatory, intellectual property and financing strategies. Register online here.
HIVE.mobile: Interactive Design for Mobile Devices
Now that Internet-enabled devices are in nearly every pocket or purse, design and development for the mobile platform has rapidly become a key sector of interactive design. Join us for an evening focused on the design and development of applications, websites, and experiences for mobile devices. Leaders from companies in both the design and mobile … Continue reading “HIVE.mobile: Interactive Design for Mobile Devices”
Alliance of Angels Director: 2010 Is “A Great Time To Be Starting Something”
Angels have been in the air lately—especially around the Northwest. Last month, Atlas Accelerator hosted what might have been the largest-ever gathering of active angel investors in Seattle, at its first investor open house. Wings, a new angel group to invest in medical devices and software, has gotten started. Last week, there were prominent angel … Continue reading “Alliance of Angels Director: 2010 Is “A Great Time To Be Starting Something””
The Early-Stage Life Sciences Technology Conference VI
Here’s a one stop shop for pitching your newly developed technology to investors. This Massachusetts Technology Transfer Center event brings research institutions and newly formed companies to present their technologies to angel investors, venture capitalists, and corporate investors. Check out the website for company qualifications and registration information.
HeLa Book Discussion
The riveting story of Henrietta Lacks and the HeLa cells is also a story of bioethics, informed consent, and the Institutional Review Boards whose duty it is to protect human research subjects while advancing the field of medicine. Please join us for a discussion of “The Immortal Life of Henrietta Lacks,” hosted by the Northwest … Continue reading “HeLa Book Discussion”
Great Expectations Along the Columbia River, as PNNL Reels In Big Energy Problems
There’s a billion-dollar-a-year research operation in the middle of Washington state, with 4,600 staff, working on some of the biggest energy challenges in the world. Yet very few of the locals know a thing about it. And while it hasn’t solved the world’s energy woes, people should start counting on breakthroughs to emerge from there, … Continue reading “Great Expectations Along the Columbia River, as PNNL Reels In Big Energy Problems”
Providence Geek Dinner
Providence Geeks, a Rhode Island innovation group, meets roughly every month for dinners, but March’s event has something special in store. Geeks co-founders (and brothers) Jack and Chris Templin will unveil a business endeavor of their own: Lockify, a web-based system for the safe sharing of sensitive information. You can RSVP to this one on … Continue reading “Providence Geek Dinner”
Olympia: Don’t Crush Biotech With New Taxes
Washington’s economy is showing signs of recovery. But some major problems persist—unemployment is stuck at a historic high and healthcare costs continue to skyrocket. The biotechnology industry can help alleviate both these problems. Washington is already a major hub of new biotech research and products. Boosting this sector will deliver our state—and our nation—from this … Continue reading “Olympia: Don’t Crush Biotech With New Taxes”
An Industry Insider and Veteran Consumer Recap the CTIA Wireless 2010 Show
Wireless industry veteran Andy Abramson, the CEO of Comunicano, and TV personality and wireless technology enthusiast Sam “The Cooking Guy” Zien will offer their perspectives from inside and outside the wireless industry’s annual conference. CommNexus has organized this entertaining and informative presentation—and more information is available online. Registration begins at 5:30, or you can register … Continue reading “An Industry Insider and Veteran Consumer Recap the CTIA Wireless 2010 Show”
ActiveTrak Funded by ProtectCell
Portland, OR-based ActiveTrak, a maker of software that helps consumers recover lost or stolen laptops and mobile phones, announced this week it has raised its first round of funding, led by strategic investor ProtectCell, a mobile security and insurance firm based in Michigan. The investment is $500,000, as reported by TechFlash. ActiveTrak (formerly known as … Continue reading “ActiveTrak Funded by ProtectCell”
Start Here Open House: Vivox
These startup open houses sure do run the gamut. Tune in this time to Vivox, a Natick company that delivers voice-chatting platforms for online games. As always, registration is free for this New England Venture Capital Association event.