It’s so costly and complicated to build new generating plants these days that utilities would rather prepare for periods of peak demand, such as hot summer days, by buying “negawatts”—that is, by agreeing to pay big customers like factories, stores, and municipalities to dial back their electricity use when called upon. EnerNOC (NASDAQ: [[ticker:ENOC]]), a … Continue reading “World Energy Unveils “Demand Response” Auctions, Disrupting a Market Dominated by Boston’s EnerNOC”
Ocera Cheers from the Bleachers As Rival Succeeds with New Drug for Brain Damage
Sometimes in biotech you have to root for your biggest competitors to succeed. That’s why yesterday was a very good day for the folks at San Diego-based Ocera Therapeutics. The big news came out yesterday from suburban Washington D.C., where an FDA advisory panel recommended that regulators approve a new drug from Morrisville, NC-based Salix … Continue reading “Ocera Cheers from the Bleachers As Rival Succeeds with New Drug for Brain Damage”
Amazon and Microsoft Strike Patent Deal, Yapta and Kayak Team Up, Smilebox Scores Cash, & More Seattle-Area Deals News
Microsoft showed up in three deals this past week, involving healthcare-IT, Web search, and software patents. Other than that, the Northwest deals scene felt a little too quiet for its own good. —Redmond, WA-based Smilebox raised $2 million in equity financing, according to a filing with the SEC. The investors weren’t disclosed, and Smilebox hasn’t … Continue reading “Amazon and Microsoft Strike Patent Deal, Yapta and Kayak Team Up, Smilebox Scores Cash, & More Seattle-Area Deals News”
Sermo Aims to Launch New Version of Doctors-Only Social Networking Site
Sermo is getting a technology makeover. The Cambridge, MA-based provider of the country’s largest social networking website exclusively for physicians is planning to launch a revamped version of its site called Sermo X, intending to improve the online experience of its users and customers, company founder and CEO Daniel Palestrant tells Xconomy. When CEOs tell … Continue reading “Sermo Aims to Launch New Version of Doctors-Only Social Networking Site”
Marathon Technologies Stretches B Round to $13.5M
Marathon Technologies has socked away more cash, about five months after announcing the arrival of new CEO Jim Welch. The Littleton, MA-based maker of fault tolerance software has wrapped up a third closing of its Series B round of venture capital, bringing the total funding in the round to $13.5 million, according to a regulatory … Continue reading “Marathon Technologies Stretches B Round to $13.5M”
Dexrex Gear Receives $1,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7f422aa8-9eb3-47eb-b9d1-48dbe2a0ff20&Preview=1 Date 2/24/2010 Company Name Dexrex Gear Mailing Address 132 Adams Street Newton, MA 02458 Company Description Derek Lyman and Richard Tortora began Dexrex in 2005 while students at the University of Massachusetts Amherst. As avid users of IM and text messaging, they believed these services would become increasingly important. They founded … Continue reading “Dexrex Gear Receives $1,000,000 New Financing”
Smilebox Secures $2,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9c9a4272-1a04-408a-ba35-f561d2665b9a&Preview=1 Date 2/24/2010 Company Name Smilebox Mailing Address 8201 164th Ave NE Redmond, WA 98052 Company Description Smilebox™ makes it easy to connect with friends and family in a more creative and compelling way. Unlike existing solutions that focus on organizing, editing and sharing photos or sending pre-packaged greetings, Smilebox enables users … Continue reading “Smilebox Secures $2,000,000 Series B Round”
CFX Battery Lands $14,200,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5bbc22a3-4463-43c2-b040-f1dfa3bb2262&Preview=1 Date 2/24/2010 Company Name CFX Battery Mailing Address 1300 W. Optical Drive Azusa, CA 91702 Company Description CFX Battery Inc. is a start up advanced battery company that is focused on developing and commercializing new, innovative and disruptive battery products. Website http://www.cfxbattery.com Transaction Type Venture Equity Transaction Amount $14,200,000 Transaction Round … Continue reading “CFX Battery Lands $14,200,000 Series B Funding Round”
Newport Media Lands $15,000,000 Series D Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c8538382-aeb6-4ccd-8e7e-f46242ff5bd5&Preview=1 Date 2/24/2010 Company Name Newport Media Mailing Address 25371 Commercentre Drive Lake Forest, CA 92630 Company Description Newport Media is a fabless semiconductor company that develops and sells highly integrated solutions for emerging digital audio and mobile TV broadcasts standards. Market research firm In-Stat forecasts that the market for TV enabled … Continue reading “Newport Media Lands $15,000,000 Series D Financing Round”
CA Acquires 3Tera for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=086d2acb-14e5-4743-a2c6-f5c3c4bcb1bf&Preview=1 Date 2/24/2010 Company Name 3Tera Mailing Address 27121 Aliso Creek Rd Aliso Viejo, CA 92656 Company Description 3Tera is a leading innovator of cloud computing technology and utility computing services, simplifying the deployment and scaling of online applications. Named “Cool Vendor in IT operations” by Gartner Group, 3Tera offers AppLogic®, the … Continue reading “CA Acquires 3Tera for Undisclosed Sum”
General Compression Secures $17,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f261dc0d-143a-40b0-affc-f9d54e977254&Preview=1 Date 2/24/2010 Company Name General Compression Mailing Address 275 Washington Street Newton, MA 02458 Company Description We are engineers, scientists, investors, and project developers, all committed to expanding clean power. General Compression’s systems are being developed to provide utility-scale storage and firming services for clean energy sources such as wind and … Continue reading “General Compression Secures $17,000,000 Series A Financing”
Marathon Technologies Receives $6,500,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e7a1ee1a-fc7b-4c5f-a4e8-88917ef8c64f&Preview=1 Date 2/24/2010 Company Name Marathon Technologies Mailing Address 295 Foster Street Littleton, MA 01460 Company Description Marathon’s everRun product family represents a dramatic breakthrough in application availability, moving the market past high availability and continuous availability solutions to what Marathon calls “Infinite Availability. Website http://www.marathontechnologies.com Transaction Type Venture Equity Transaction Amount … Continue reading “Marathon Technologies Receives $6,500,000 Series B Funding Round”
Eden Park Illumination Receives $2,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5b406994-def3-4ebf-bc99-a99ef0c435b6&Preview=1 Date 2/24/2010 Company Name Eden Park Illumination Mailing Address 903 N Country Fair Drive Champaign, IL 61821 Company Description Eden Park Illumination is a young dynamic lighting technology company anchored in over fifty years of technology heritage through our affiliation with the Laboratory of Optical Physics and Engineering at the University … Continue reading “Eden Park Illumination Receives $2,000,000 New Funding”
Mashery Lands $5,500,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bab2de7c-1a2b-4b7d-834a-1a52e7fdf251&Preview=1 Date 2/24/2010 Company Name Mashery Mailing Address 25 Kearny San Francisco, CA 94108 Company Description Mashery is the leading provider of web services and API management solutions enabling software-driven companies to unlock and accelerate their web services channel. Website http://www.mashery.com Transaction Type Venture Equity Transaction Amount $5,500,000 Transaction Round Series C … Continue reading “Mashery Lands $5,500,000 Series C Funding Round”
Aggregate Knowledge Lands $2,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9b451458-206e-40d9-a9b1-42bb0071107b&Preview=1 Date 2/24/2010 Company Name Aggregate Knowledge Mailing Address 1510 Fashion Island Blvd. San Mateo, CA 94404 Company Description Aggregate Knowledge offers the industry’s first online Collective Discovery Service, which emulates the way people naturally discover and shop for products and information offline. Built atop a sophisticated, super computing architecture, Aggregate Knowledge … Continue reading “Aggregate Knowledge Lands $2,500,000 New Round”
KODA Corporation Garners $1,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e99d9409-b45a-4f3f-89e5-57e1c4d1e959&Preview=1 Date 2/24/2010 Company Name KODA Corporation Mailing Address 220 Montgomery Street San Francisco, CA 94104 Company Description KODA.us an online site focused on using social networking for job recruiting. The initial release included a platform that allows emerging talent and smart companies to go beyond the resume or traditional job posting. … Continue reading “KODA Corporation Garners $1,500,000 New Financing Round”
ZillionTV Lands $10,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6c602a2a-8c09-45d1-bfec-804db9a0b8b3&Preview=1 Date 2/24/2010 Company Name ZillionTV Mailing Address 3131 Jay Street Santa Clara, CA 95054 Company Description The company is developing a television set top box and system for Internet over TV. Website http://www.zilliontv.tv Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “ZillionTV Lands $10,000,000 New Financing”
PeerPong Receives $2,800,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=00a93d66-2d3a-4734-ba1d-84659b3b649d&Preview=1 Date 2/24/2010 Company Name PeerPong Mailing Address 300 Brannan St San Francisco, CA 94107 Company Description PeerPong lets you share you expertise in a new way, giving the world a better understanding of you — and connecting you with people in the know. Sign up for the private beta to be … Continue reading “PeerPong Receives $2,800,000 New Funding”
Knowlent Corporation Lands $1,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=04fd8149-6c91-4a82-a752-a7457667bde0&Preview=1 Date 2/24/2010 Company Name Knowlent Corporation Mailing Address 2255 Martin Avenue Santa Clara, CA 95050 Company Description Knowlent Corporation is a Silicon-Valley-based Electronic Design Automation (EDA) and Intellectual Property (IP) startup providing Analog and Mixed-Signal Testbench suites for standard interface specifications such as PCIe, Serial ATA and XAUI. Website http://www.knowlent.com Transaction … Continue reading “Knowlent Corporation Lands $1,500,000 New Round”
Pano Logic Lands $20,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=236ed723-ddb1-409f-b4c6-a862db263ce7&Preview=1 Date 2/24/2010 Company Name Pano Logic Mailing Address 1350 Willow Rd Menlo Park, CA 94025 Company Description Pano Logic develops virtualization-based software and hardware solutions that deliver superior desktop computing. Website http://www.panologic.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction Round Undisclosed Proceeds Purposes Demand for desktop virtualization is exploding and … Continue reading “Pano Logic Lands $20,000,000 New Funding”
Quantenna Communications Garners $15,000,000 Series D Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0553819d-c5cc-466d-b93f-d006741925c0&Preview=1 Date 2/24/2010 Company Name Quantenna Communications Mailing Address 3450 W Warren Ave Fremont, CA 94538 Company Description Quantenna Communications Inc., is a fabless semiconductor company creating disruptive next generation MIMO based wireless chips with game-changing size, power, and performance characteristics. Website http://www.quantenna.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round … Continue reading “Quantenna Communications Garners $15,000,000 Series D Round”
HyTrust Receives $10,500,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4182633a-e506-4d71-9289-f85ae7aeb0e8&Preview=1 Date 2/24/2010 Company Name HyTrust Mailing Address 1975 W. El Camino Real Mountain View, CA 94040 Company Description HyTrust™, located in Mountain View, California, is an early-stage start-up that is focused on virtualization platform security and compliance. The HyTrust solution allows IT administrators to gain control over their production virtualization environment … Continue reading “HyTrust Receives $10,500,000 Series B Round”
Meltwater Group Acquires BuzzGain for $4,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7ebdbaac-963b-4b2e-9744-918e24762df6&Preview=1 Date 2/24/2010 Company Name BuzzGain Mailing Address 530 Lakeside Dr Sunnyvale, CA 94085 Company Description BuzzGain is an online service for discovering and engaging with the people who will help your business thrive in today’s social economy – where attention is a precious commodity. It empowers businesses to identify the previously … Continue reading “Meltwater Group Acquires BuzzGain for $4,000,000”
Citrix Online Acquires Paglo Labs for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bc528e01-02cc-4769-b76f-fa337586ba82&Preview=1 Date 2/24/2010 Company Name Paglo Labs Mailing Address 855 Oak Grove Avenue Menlo Park, CA 94205 Company Description It started with a bold idea — IT search. IT search helps organizations better understand and manage their technology. By capturing everything about your network and devices, Paglo serves as a starting place … Continue reading “Citrix Online Acquires Paglo Labs for Undisclosed Sum”
MicroTransponder Receives $7,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fdc33405-c5ee-498d-b68d-c82a347c42b9&Preview=1 Date 2/24/2010 Company Name MicroTransponder Mailing Address 2802 Flintrock Trace Austin, TX 78738 Company Description MicroTransponder Inc. is a medical device development company with a strong neuroscience research focus. Our core technology is based on a previous technology developed in the DARPA Revolutionizing Prosthetics program by Dr. Larry Cauller at the … Continue reading “MicroTransponder Receives $7,000,000 Series B Funding Round”
hi5 Networks Acquires Big Six for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=98319a70-1bf4-4010-b054-bd5d3e8440ed&Preview=1 Date 2/24/2010 Company Name Big Six Mailing Address 11522 Heathrow Drive Austin, TX 78759 Company Description The company has developed a social gaming platform. Website Undisclosed Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed.
Synthetic Genomics Recruits Illumina Exec
Synthetic Genomics, the San Diego biofuels developer, today named a top executive from San Diego-based Illumina (NASDAQ: [[ticker:ILMN]]), the maker of genetic sequencing tools, as its chief operating officer. Joel McComb, a senior vice president and general manager of Illumina’s $650 million life sciences business unit, will start March 1 and report to J. Craig … Continue reading “Synthetic Genomics Recruits Illumina Exec”
Alibris Acquires Monsoon
Portland, OR-based Monsoon, a maker of software for managing and processing online selling, is being bought by Emeryville, CA-based Alibris, for an undisclosed amount of cash and stock. The acquisition is expected to close in early March, and the companies will continue to operate as separate businesses under their current names; Monsoon CEO Kanth Gopalpur … Continue reading “Alibris Acquires Monsoon”
Leap Wireless Combines its Cricket Service With Pocket Communications in South Texas
Call it an example of newfound pragmatism among the flat-rate wireless service providers, which are coming under growing pressure to consolidate. San Diego’s Leap Wireless (NASDAQ: [[ticker:LEAP]]) announced today that it’s forming a “joint venture” with San Antonio, TX-based Pocket Communications that will provide pre-paid wireless services to customers of both companies in South Texas. … Continue reading “Leap Wireless Combines its Cricket Service With Pocket Communications in South Texas”
Lemelson-MIT Student Prize Ceremony
Come see the work entered in the 16th annual $30,000 Lemelson-MIT Student Prize competition, which recognizes collegiate innovators and looks to support future entrepreneurs. The free event features presentations by the award winners, and a celebratory reception.
Smilebox Raises $2M, Keeps Pushing E-Cards and Photo Services
Redmond, WA-based Smilebox, a provider of software and photo services for electronic greeting cards, scrapbooks, and photo albums, has raised $2 million in equity financing, according to an SEC filing. The investors weren’t disclosed, but Paul Bialek, Rob Stavis, and Richard Wolpert are listed on the form as directors, and they are all previous investors … Continue reading “Smilebox Raises $2M, Keeps Pushing E-Cards and Photo Services”
Survey Analytics, Feedjit, Delve Climb Index
The Seattle 2.0 website announced its monthly ranking of local tech startups based on Web traffic estimates. For January, Cheezburger Network, Zillow, BuddyTV, and Picnik ranked as the top four. In the top 20, gains from the previous month were made by Survey Analytics (IdeaScale) at #5, Feedjit at #7, Cozi at #17, and Delve … Continue reading “Survey Analytics, Feedjit, Delve Climb Index”
General Compression Announces $17M Series A Round
General Compression, a Newton, MA-based energy storage company, announced today that it has “it has closed over $17 million in commitments to its Series A round of funding.” The funding, from U.S. Renewables Group and Duke Energy, will be used to build General Compression’s first commercial-scale wind power storage unit this year. The company declined … Continue reading “General Compression Announces $17M Series A Round”
TeachStreet Rolls Out Test Prep Sites, Does Lead Generation with Big Partners
“It’s like figuring out what we want to be when we grow up.” That’s Dave Schappell, founder and CEO of Seattle-based TeachStreet, an Internet startup focused on helping students and teachers connect through classes and online tools in seven metro areas around the U.S. Today, the company announced an important milestone in its growth: the … Continue reading “TeachStreet Rolls Out Test Prep Sites, Does Lead Generation with Big Partners”
ProActa Raises $1.1M
ProActa, which is developing an anti-cancer drug transplanted from New Zealand, has raised $1.1 million in debt and securities, according to a recent regulatory filing. The biotech, which has raised at least $43 million in venture funding since 2004, announced earlier this month that it was starting a second mid-stage clinical trial of a drug … Continue reading “ProActa Raises $1.1M”
Amylin, Takeda Advance Obesity Drug
San Diego-based Amylin Pharmaceuticals (NASDAQ: [[ticker:AMLN]]), along with its partner Takeda Pharmaceuticals, said late Monday that their experimental combination of metreleptin and pramlintide is being primed for final-stage Phase III clinical development for obesity. The decision was made after Amylin and Takeda reviewed data from a full 52 weeks of follow up from patients, which … Continue reading “Amylin, Takeda Advance Obesity Drug”
Genocea Gets UW, Hutch Patents
Genocea Biosciences, a Cambridge, MA-based vaccine developer, said today it has obtained licenses to 25 pending or issued patents on herpes simplex type 2 antigens from the University of Washington and Fred Hutchinson Cancer Research Center. Those antigens could be used as the basis for a new immune-boosting treatment for genital herpes. Genocea CEO Staph … Continue reading “Genocea Gets UW, Hutch Patents”
Luminus Devices Raises $19M
Investors continue to pour cash into Luminus Devices, the Billerica, MA-based maker of bright, efficient LEDs, at a rate that would startle most entrepreneurs in the life sciences, let alone the hardware, computing, and infotech industries. Luminus announced today that it has raised $19 million in Series F funding, from a group of existing investors … Continue reading “Luminus Devices Raises $19M”
Sage Bionetworks Snaps Up $6.7M Grant to Train Young Network Biologists
Sage Bionetworks, a fledgling Seattle nonprofit attempting to launch an open-source biology movement, has nabbed a $6.7 million grant from the National Cancer Institute to train young scientists to learn to better use genomic data to help improve drug discovery and patient care. The grant lasts for four years, and it may be supplemented and … Continue reading “Sage Bionetworks Snaps Up $6.7M Grant to Train Young Network Biologists”
Seahorse Bioscience Bags $5M
Seahorse Bioscience , a biomedical instrument company based in Billerica, MA, announced today that it has closed a $5 million Series D financing round. Participants in the round include return investors Commonwealth Capital Ventures, Rock Maple Ventures, and Life Sciences Partners, and new investors FLIR Systems, Oxford Bioscience Partners, Healthcare Ventures, New Science Ventures, and … Continue reading “Seahorse Bioscience Bags $5M”
Aveo Sets IPO Price Range at $13-$15 a Share
Aveo Pharmaceuticals, a Cambridge, MA-based developer of cancer drugs, has set a price range of $13 to $15 per share for its proposed initial public offering, according to an SEC filing. The firm says it expects to offer 7 million shares in the IPO, in addition to up to 1.05 million shares that would be … Continue reading “Aveo Sets IPO Price Range at $13-$15 a Share”
Monster Cuts 200 Workers
Monster Worldwide (NASDAQ:[[ticker:MWW]]), an online employment services company, is laying off 200 workers around the globe, including nearly 100 jobs between its Maynard, MA, headquarters and Cambridge, MA, offices, company spokesman Matthew Henson confirmed today. Henson said that the layoffs are part of a restructuring plan that has taken place for the past two years. … Continue reading “Monster Cuts 200 Workers”
Qualcomm Ventures Leads New Investment Round in Revived Visage Mobile
San Diego’s Qualcomm Ventures is showing its confidence in Visage Mobile‘s back-from-the-dead strategy by leading a new investment round in the San Francisco-based company. Tim Weingarten, who stepped in as Visage CEO in 2008, tells me the company has secured $4.5 million in its second round venture funding since 2008, when the company sold most … Continue reading “Qualcomm Ventures Leads New Investment Round in Revived Visage Mobile”
Celldex CEO Treks From NJ to Massachusetts in Pursuit of Antibody Drugs for Cancer
Every other week, Celldex Therapeutics CEO Anthony Marucci drives four hours and 15 minutes from home in northern New Jersey to his company’s headquarters in Needham, MA. He’s racked up 60,000 miles on his Mercedes-Benz E-class going back and forth. It sounds like the sort of extreme measure an executive might take on a temporary … Continue reading “Celldex CEO Treks From NJ to Massachusetts in Pursuit of Antibody Drugs for Cancer”
Maine Startup mCaddie Raises Angel Funds for Golf App
Quick: Name a consumer passion that generates twice as much revenue as Hollywood movies; in which virtually all of the participants, by definition, have disposable income and an ambition to improve their performance; and which counts among its devotees millions of business executives who carry around gadgets like smartphones. If you named golf, you were … Continue reading “Maine Startup mCaddie Raises Angel Funds for Golf App”
Pivotal Investments Seeks to Build Regional Network of Future Cleantech Leaders
There has been a lot of talk in the past year (and the past month) about the need to build a critical mass of cleantech and alternative energy companies in the Northwest. Now one venture firm in Portland, OR, is doing something about it, by assembling a talent pool of people with the ability to … Continue reading “Pivotal Investments Seeks to Build Regional Network of Future Cleantech Leaders”
Gilead Sciences Gets FDA Green Light To Sell Cystic Fibrosis Drug
Gilead Sciences paid $365 million to acquire Seattle-based Corus Pharma in 2006, and now it finally can see a way of getting a return on that investment in the U.S. The world’s leading marketer of HIV medicines said late Monday that the FDA has given it clearance to start selling an inhalable antibiotic to U.S. … Continue reading “Gilead Sciences Gets FDA Green Light To Sell Cystic Fibrosis Drug”
LifeImage and EMC Planning New Cloud Storage Service for Medical Data
When I went to visit LifeImage CEO Hamid Tabatabaie at his firm’s headquarters in Newton, MA, last week, one of my main goals was to learn more about the breadth and depth of the health IT startup’s ties with storage giant EMC (NYSE:[[ticker:EMC]]). That question was quickly answered when EMC senior VP Joel Schwartz walked … Continue reading “LifeImage and EMC Planning New Cloud Storage Service for Medical Data”
$6 Million More for Currensee
Boston-based Currensee, a social network for currency traders, announced today that it has closed an $8 million Series B financing round led by existing investor North Bridge Venture Partners. Egan Managed Capital joined as a new investor, and Egan partner Travis Connors has joined Currensee’s board. Currensee has actually raised $6 million in new funding, … Continue reading “$6 Million More for Currensee”
Luminus Devices Obtains $19,000,000 Series F Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=697c1446-9f34-4ba2-bd90-26a84d9afde6&Preview=1 Date 2/23/2010 Company Name Luminus Devices Mailing Address 1100 Technology Park Drive Unit 2 Billerica, MA 01821 Company Description Luminus Devices develops and manufactures innovative, high-power, solid state lighting solutions for high-definition televisions and other display products. Its patented PhlatLight™ (Photonic Lattice) technology and manufacturing processes deliver a new level of … Continue reading “Luminus Devices Obtains $19,000,000 Series F Funding Round”