Veracode Garners $12,300,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d5bd5cea-2385-46e3-805e-56493e604fa5&Preview=1 Date 2/8/2010 Company Name Veracode Mailing Address 4 Van de Graaff Drive Burlington, MA 01803 Company Description Veracode is the industry’s first provider of automated, on-demand application security solutions. Created by a world-class team of application security experts from @stake, Guardent, ISS, VeriSign and Symantec, the company delivers services to identify … Continue reading “Veracode Garners $12,300,000 New Financing Round”

PatientSafe Solutions Receives $30,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=acd464fa-ec32-4058-8944-a32c209836ae&Preview=1 Date 2/8/2010 Company Name PatientSafe Solutions Mailing Address 5375 Mira Sorrento Place San Diego, CA 92121 Company Description We believe nurses are the center of the care system. They’re the healthcare professionals who patients spend the most time with once they’re admitted, and who make sure the care continues when they’re … Continue reading “PatientSafe Solutions Receives $30,000,000 New Funding Round”

Tragara Pharmaceuticals Garners $5,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9158ccd0-b246-44e4-b6b9-ad59e2c33c06&Preview=1 Date 2/8/2010 Company Name Tragara Pharmaceuticals Mailing Address 10955 Vista Sorrento Parkway San Diego, CA 92130 Company Description Tragara Pharmaceuticals, Inc. is a pharmaceutical company based in San Diego, California focused on the clinical and commercial development of proprietary drugs for the treatment of cancer and inflammation-related diseases. Tragara launched operations … Continue reading “Tragara Pharmaceuticals Garners $5,000,000 Series B Funding”

Zad Mobile Acquires eMotive Communications for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=977425a9-7754-4261-9da2-b9066839ac07&Preview=1 Date 2/8/2010 Company Name eMotive Communications Mailing Address 6345 Balboa Blvd. Building 2 Encino, CA 91316 Company Description Emotive is an entertainment focused innovation company that provides real-time interactive multimedia products and services to network communication networks worldwide. The company’s “Push Ringer” product introduces active social media networking to the network … Continue reading “Zad Mobile Acquires eMotive Communications for Undisclosed Sum”

Compliance11 Garners $6,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9291f6b6-866f-47ff-9342-f89a3fad60df&Preview=1 Date 2/8/2010 Company Name Compliance11 Mailing Address 125 S. Wacker Drive Chicago, IL 60606 Company Description Compliance11 provides on-demand Compliance Software Automation Tools for the financial services industry. Compliance11 enables organizations to reduce their regulatory compliance spend by automating labor intensive tasks and at the same time increase the quality of … Continue reading “Compliance11 Garners $6,000,000 Series B Funding”

TuneWiki Garners New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2cd12120-0656-4180-809c-bc3274a24fae&Preview=1 Date 2/8/2010 Company Name TuneWiki Mailing Address Undisclosed Milpitas, CA 95035 Company Description The company creates variety of social music applications for mobile platforms. Website http://www.tunewiki.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes TuneWiki says it will use the new cash to expand and enhance its … Continue reading “TuneWiki Garners New Funding”

Synopsys Acquires CoWare for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d524b0ac-05e2-4f02-98ef-ad818eea062c&Preview=1 Date 2/8/2010 Company Name CoWare Mailing Address 1731 Technology Drive San Jose, CA 95110 Company Description CoWare Inc., the leading supplier of electronic system-level (ESL) design software and services, has aligned the strategic technologies it has developed and acquired into four key solutions for collaborative platform-driven ESL design: SoC platform capture … Continue reading “Synopsys Acquires CoWare for Undisclosed Sum”

AREVA Acquires Ausra for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2dabe132-f733-424f-a559-af88d6d1714c&Preview=1 Date 2/8/2010 Company Name Ausra Mailing Address 303 Ravendale Drive Mountain View, CA 94043 Company Description Ausra develops and deploys utility-scale solar technologies to serve global electricity needs in a dependable, market competitive, environmentally responsible manner. Website http://www.ausra.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial … Continue reading “AREVA Acquires Ausra for Undisclosed Sum”

Oracle Corp. Acquires AmberPoint for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=79dc8d49-429a-4f7f-b01a-d680e83e6bb4&Preview=1 Date 2/8/2010 Company Name AmberPoint Mailing Address 155 Grand Avenue Oakland, CA 94612 Company Description AmberPoint is the leading provider of management software for service-oriented architectures (SOAs). With its modular, distributed architecture, AmberPoint radically simplifies the management and evolution of service-based business solutions. Website http://www.amberpoint.com/ Transaction Type M&A Transaction Amount Undisclosed … Continue reading “Oracle Corp. Acquires AmberPoint for Undisclosed Sum”

Aero Farm Systems Secures $500,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=55e34b4f-e97f-41db-97da-086d3aad55f0&Preview=1 Date 2/8/2010 Company Name Aero Farm Systems Mailing Address Undisclosed Ithaca, NY 14858 Company Description With our leading aeroponic technology, pioneers can transform abandoned buildings into thriving farms, grow green on previously unfarmable land, revitalize shrinking economies and provide healthy, clean, safe food for all. Website http://www.aerofarms.com Transaction Type Venture Equity … Continue reading “Aero Farm Systems Secures $500,000 New Financing Round”

Fly Fishing for Sharks: Inside the Head of a Venture Investor

Go swimming in the shark tank with Mike Elconin of the San Diego Tech Coast Angels, private investor Ken Olson, Shepherd Ventures managing partner Tom Siegel, and Dennis Clerke of Daggerboard Advisors. In this “open mike night” The San Diego Software Industry Council allows entrepreneurs and company founders to pitch their technologies and startups and … Continue reading “Fly Fishing for Sharks: Inside the Head of a Venture Investor”

Getting to Market: Adding Value to Your Biomedical Product

Getting a marketing plan approved solves only part of the challenge that biotech drug developers, medical device, and diagnostic makers face in getting their product distributed and fully commercialized. Developing a strategic market access plan can help reduce perceived risk and uncertainty of commercial success, and add substantially to the asset value of products in … Continue reading “Getting to Market: Adding Value to Your Biomedical Product”

7th Annual Life Sciences Career Counseling Workshop

Biocom’s Education Subcommittee, the San Diego Workforce Partnership, Southern California Biotech Center, and San Diego County Office of Education have organized this 6-hour networking event and workshop. Career counselors from K-12, community colleges, four-year schools and one-stop career centers are welcome. Registration is limited to career counselors and related professionals. More information and online registration … Continue reading “7th Annual Life Sciences Career Counseling Workshop”

Legislative Roundtable With Assemblyman Dave Jones

Biocom is hosting Dave Jones, D-Sacramento, chairman of the California Assembly Health Committee, to its legislative roundtable series. As a comprehensive health reform package continues to take shape in Washington, it is becoming apparent that, if passed, much will be left to individual states to implement. Jones is in a position to have significant influence … Continue reading “Legislative Roundtable With Assemblyman Dave Jones”

Doing More With Less: Capital Efficiency in Drug Development

As the biotechnology industry faces headwinds due to increased regulatory scrutiny and fewer liquidity events, venture capitalists are insisting that companies provide data from “proof-of-concept” experiments before they consider investing. In addition, once companies receive venture funding, they must move their drug candidates to the clinic with minimal equity capital. Experienced biotech executives and venture … Continue reading “Doing More With Less: Capital Efficiency in Drug Development”

Successful Business Models for Technology Innovation

Connect and Blue Mine Group organized this half-day workshop as an introduction to the essentials of designing a successful business model. The presentation includes the five critical elements of a business model and some key tools for optimizing them to maximize potential value. Register online here.

Where to Bluetooth?

Bluetooth low energy, which consumes a fraction of the power of conventional Bluetooth designs, is the next step in the evolution of Bluetooth wireless technology. As usual, San Diego is a hotbed of activity for this new wireless technology with the R&D operations of several companies based here. Nick Hunn, chairman of the CommNexus Bluetooth … Continue reading “Where to Bluetooth?”

Bio-Briefing for Non-Scientists

Biocom has organized an all-day seminar for the non-scientist employees of biotech companies, so they can become more instrumental in their company’s success by understanding the science and technology. Be more strategic in your relationship-building by knowing who the industry players are and how they interact. Presentations are given by credentialed biotech instructors. More information … Continue reading “Bio-Briefing for Non-Scientists”

Is There Any Way Out of Here? New Ideas for Funding Life Sciences Startups

Traditional means of funding private companies in the life science industry have changed forever. Venture capital is no longer a logical choice for raising capital to fund pre-clinical programs, just as it’s no long practical or acceptable to spend vast amounts of cash to advance such research. The San Diego Venture Group has assembled a … Continue reading “Is There Any Way Out of Here? New Ideas for Funding Life Sciences Startups”

Lessons from the Pandemic: H1N1 and the Biotech Industry

With the anniversary of the swine flu outbreak in Mexico approaching in April, San Diego’s Biocom has asked influenza experts to discuss the lessons learned from this pandemic. How did public health agencies from around the world handle the outbreak? How will vaccine production be handled in the future? And what does the biotech industry … Continue reading “Lessons from the Pandemic: H1N1 and the Biotech Industry”

Massachusetts Business Development Officials Set Up Outpost at Cambridge Innovation Center

I stopped by the Cambridge Innovation Center this afternoon to welcome a special newcomer to the neighborhood (Xconomy’s headquarters is just three blocks away). It was Jason Schupbach, the creative economy director for the Massachusetts Office of Business Development. Schupbach—who is already a familiar face around the local innovation community, of course—is in the vanguard … Continue reading “Massachusetts Business Development Officials Set Up Outpost at Cambridge Innovation Center”

Infinia Raises $11.5M To Make New Solar-Power Generators, Entices Paul Allen Again

[Updated: 2/5/2010, 5:45 pm Pacific, with Infinia CEO comments.] Infinia is raising another truckload of money. The Kennewick, WA-based company, backed by Paul Allen and Vinod Khosla, has snapped up $11.5 million in new equity financing out of a round that could bring in as much as $75 million over time, according to a regulatory … Continue reading “Infinia Raises $11.5M To Make New Solar-Power Generators, Entices Paul Allen Again”

Sack Ballmer? Break Up the Company? How Microsoft Could Innovate

Outside of official circles in Redmond, WA, the term “Microsoft innovation” is often thought of as an oxymoron, sort of like “Army intelligence.” People have been actively debating the issue of whether and how Microsoft can truly innovate in the tech world for at least the past decade. Enter Dick Brass (great name), who was … Continue reading “Sack Ballmer? Break Up the Company? How Microsoft Could Innovate”

Yes We Have a Winner from Last Night’s Battle, and No, It’s Not What You Would Expect

We know, we’ve been holding out on you. But don’t worry, we do plan to reveal the winners of last night’s Battle of the Tech Bands 3, for those of you who couldn’t make it. The evening saw a great turnout of people representing all facets of the tech, life sciences, and venture communities here … Continue reading “Yes We Have a Winner from Last Night’s Battle, and No, It’s Not What You Would Expect”

The Outlook for Solar: Q&A With Borrego Solar CEO Mike Hall

While venture investments in cleantech startups declined last year, technology advances in renewable energy remain a hot area of interest for both cleantech innovators and investors. In an effort to gain a better understanding of the solar energy market, especially in the photovoltaic segment of the industry, I sought insights from Mike Hall, the CEO … Continue reading “The Outlook for Solar: Q&A With Borrego Solar CEO Mike Hall”

It’s Official: Ontela Bought Photobucket from News Corp.

Back in December, we reported that Seattle mobile imaging startup Ontela merged with Photobucket, the Denver-based photo sharing site previously owned by News Corporation. Financial terms of the deal weren’t released, but News Corp. ceded some control of Photobucket to Ontela’s investors while retaining an equity stake in the merged company, which retains the Photobucket … Continue reading “It’s Official: Ontela Bought Photobucket from News Corp.”

ATG Prices 25M Share Stock Offering

Art Technology Group (NASDAQ: ARTG), an e-commerce software and service company in Cambridge, MA, announced its plans to sell 25 million shares of common stock at $3.50 a share in an underwritten public offering. Morgan Stanley and Deutsche Bank Securities will serve as underwriters for the deal, and will have the 30-day option to purchase … Continue reading “ATG Prices 25M Share Stock Offering”

Allergan Buys Serica Technologies

Medford, MA-based biomaterials provider Serica Technologies was acquired late last year by Allergan, the health care products company that makes onabotulinumtoxinA (Botox). Irvine, CA-based Allergan (NYSE:[[ticker:AGN]]) revealed the buyout in its earnings report yesterday, but did not disclose the acquisition costs. Some of the investors in Serica, which will operate as subsidiary of Allergan in … Continue reading “Allergan Buys Serica Technologies”

eClinicalWorks Tops $100M Sales as Doctors Move from Paper to Pixel Records

Most health records in the U.S. today are still gathering dust, tucked away in filing cabinets, existing only on paper. Even though the idea of electronic medical records is still a relatively new concept at most hospitals and clinics, the EMR software industry has its share of dinosaurs living alongside the newer species. At eClinicalWorks, … Continue reading “eClinicalWorks Tops $100M Sales as Doctors Move from Paper to Pixel Records”

Kindle Conniptions: How I Published My First E-Book

This is the 80th edition of World Wide Wade since this weekly column on technology trends began in April 2008. Since we have so much material piling up in the archive, we at Xconomy decided to do something a bit different: We’re collecting all of the columns in the form of an e-book. It’s called … Continue reading “Kindle Conniptions: How I Published My First E-Book”

Pixel Nation: 80 Weeks of World Wide Wade

I love Thursdays, because that’s the day I get to sit down and write World Wide Wade, my wide-ranging column on digital media and Internet culture. We launched the the column in April 2008 and somehow–without really being conscious of it—I’ve now written 80 of the things. We decided to mark the occasion by collecting … Continue reading “Pixel Nation: 80 Weeks of World Wide Wade”

Ironwood Goes Public, Glasshouse and BG Medicine Aim to Do the Same, Vivox Collects $6.8M, & More Boston-Area Deals News

For the first time in as long as I can remember, IPOs dominated the New England tech and life sciences deals news this week. —Glasshouse Technologies, an IT consulting firm in Framingham, MA, indicated in an SEC filing that it’s planning an initial public offering worth as much as $75 million. Glasshouse, which is aiming … Continue reading “Ironwood Goes Public, Glasshouse and BG Medicine Aim to Do the Same, Vivox Collects $6.8M, & More Boston-Area Deals News”

Ranker.com Obtains $750,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bf56a788-9d69-44b7-bc7d-13c3ac373ff1&Preview=1 Date 2/5/2010 Company Name Ranker.com Mailing Address 7080 Hollywood Blvd Hollywood, CA 90028 Company Description Ranker is an operating system for Lists. Okay, that was pretty nerdy. But basically, Ranker is an easy, fun and social way to rank anything. By hooking up our 5 million+ item database to a drag … Continue reading “Ranker.com Obtains $750,000 New Funding”

Scrapblog Garners $2,500,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a4f122d0-c99c-4ec2-89e1-11aa6572628c&Preview=1 Date 2/5/2010 Company Name Scrapblog Mailing Address 110 Sutter Street San Francisco, CA 94104 Company Description We created Scrapblog because we wanted to go beyond sharing our photos and videos online. We made Scrapblog drag-and-drop-easy so that everyone can tell their stories and create beautiful multimedia scrapbooks. Our goal is to … Continue reading “Scrapblog Garners $2,500,000 New Funding Round”

Doostang Lands $1,250,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e45f71a0-094c-4001-b536-34a2cb59943b&Preview=1 Date 2/5/2010 Company Name Doostang Mailing Address 410 Cambridge Ave. 2nd Floor Palo Alto, CA 94306 Company Description Doostang is an online career community that connects people through personal relationships and affiliations. Our members use Doostang to share relevant career opportunities and to interact with one another. Website http://www.doostang.com Transaction Type … Continue reading “Doostang Lands $1,250,000 New Financing Round”

GigOptix Lands New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1ec839ad-5b0f-4560-b33b-679f3ad31147&Preview=1 Date 2/5/2010 Company Name GigOptix Mailing Address 2300 Geng Road Palo Alto, CA 94303 Company Description GigOptix (OTCBB:GGOX) is a leading provider of electronic engines for the optically connected digital world. We design and manufacture the high speed integrated circuits that connect the optical and electronic domains. Website http://www.gigoptix.com Transaction Type … Continue reading “GigOptix Lands New Financing”

Avalanche Technology Obtains $7,500,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a0a2bd32-c821-4340-9e99-ea3ee1602156&Preview=1 Date 2/5/2010 Company Name Avalanche Technology Mailing Address 48371 Fremont Blvd Fremont, CA 94538 Company Description Avalanche Technology set out to fundamentally change the $53B memory industry with a disruptive low power non-volatile magnetic memory. Not only solving the technology scaling challenges faced by existing charge based memories, Avalanche is also … Continue reading “Avalanche Technology Obtains $7,500,000 New Funding”

Layered Technologies Secures $20,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0ef2fb46-3632-4e89-accc-ee32e441da6a&Preview=1 Date 2/5/2010 Company Name Layered Technologies Mailing Address 5085 W Park Blvd. Plano, TX 75093 Company Description Layered Technologies, Inc. is a leading global provider of on-demand hosting, utility computing solutions and Web services. By providing high quality technology, infrastructure and support we enable customers to forego capital expenses and save … Continue reading “Layered Technologies Secures $20,000,000 New Financing Round”

Datacastle, with Aussie Connections, Moves Into Corporate Data Management

Managing data on desktop and laptop computers is a perennial problem for businesses. That’s because IT managers and administrators don’t have control over individual machines the way they do the servers inside their own data center. So dealing with issues around each laptop’s security, privacy, and data backup and recovery tends to be costly and … Continue reading “Datacastle, with Aussie Connections, Moves Into Corporate Data Management”

Microsoft, NSF Team Up in Cloud

Microsoft announced today it has formed a partnership with the National Science Foundation (NSF) to provide free cloud-computing resources to selected researchers and research groups through Windows Azure. Financial details of the agreement weren’t given, but NSF will be in charge of awarding and managing the projects through its usual review process. Microsoft will grant … Continue reading “Microsoft, NSF Team Up in Cloud”

Optimer Passes Second Big Trial of Drug for Deadly Bacteria

San Diego-based Optimer Pharmaceuticals has nailed the second big trial designed to prove it has a new antibiotic for a deadly infection people can get in hospitals. Optimer (NASDAQ: [[ticker:OPTR]]) said today that it reached its main goal of showing its experimental antibiotic, fidaxomicin, was roughly equivalent to the gold standard vancomycin drug when attempting … Continue reading “Optimer Passes Second Big Trial of Drug for Deadly Bacteria”

***SOLD OUT***Xconomy Forum: Mobile Madness – The New Future of Computing

Mobile computing is the future of consumer computing. Or at least many entrepreneurs seem to think so: there’s a mad scramble underway to create the most popular and profitable services, content, and applications for the new array of smartphones and mobile devices. As computing enters what many analysts agree is its fifth great historical cycle … Continue reading “***SOLD OUT***Xconomy Forum: Mobile Madness – The New Future of Computing”

Isilon Posts First Profit, Gives Props to Its People and Partners

Ding, ding. What’s that sound? It’s Isilon Systems ringing the NASDAQ market closing bell at 4 pm ET this afternoon. The Seattle data storage company (NASDAQ: [[ticker:ISLN]]) is celebrating its first quarterly profit in its nine-year history. I caught up with CEO and founder Sujal Patel by phone from New York this morning after the … Continue reading “Isilon Posts First Profit, Gives Props to Its People and Partners”

See You Tonight at Battle of the Tech Bands: Come for Boston!

It’s been a busy week covering venture deals, IPOs, and all the iPad fallout fit to print, so we’re ready to release by defending our East Coast honor tonight at the Battle of the Tech Bands. This will be the third year we’ve hosted the showdown between bands from area tech companies, but will be … Continue reading “See You Tonight at Battle of the Tech Bands: Come for Boston!”

Allegro Diagnostics Planning Large Lung Cancer Diagnosis Trial for 2010

Allegro Diagnostics is on track to launch a major clinical trial of its lung cancer test this year after a long process, completed in October, of designing the goals of the study and submitting paperwork on it to the FDA, CEO Dan Rippy says. The FDA has granted the Boston-based startup conditional approval to conduct … Continue reading “Allegro Diagnostics Planning Large Lung Cancer Diagnosis Trial for 2010”

Tepha Taps Investors for $3M

Tepha, a Lexington, MA-based provider of polymers for medical applications, has raised $3 million of a proposed $7.4 million round of equity financing, according to an SEC filing. Company CEO Simon Williams was not immediately available for comment this morning. The filing does not list the firm’s investors in this funding. The company’s website says … Continue reading “Tepha Taps Investors for $3M”

Alkermes Unveils Cheaper, Easier Technique for Making Drugs Last Longer in Blood

Alkermes is known for making drugs stable and long-lasting in the bloodstream. Today, the Waltham, MA-based company is announcing it has invented a new way to do the same thing, but at lower cost and with fewer manufacturing hassles. There’s also the potential that the new technique could be used on more drugs, and lead … Continue reading “Alkermes Unveils Cheaper, Easier Technique for Making Drugs Last Longer in Blood”

Carl Icahn Nominates Scripps Researcher to Biogen Idec Board, BrainCells Pursues New Drug Combo for Depression, Illumina Adds to Oxford Nanopore Investment, & More San Diego Life Sciences News

San Diego-based aFraxis is working to advance a possible drug treatment for Fragile X syndrome identified by MIT’s Susumu Tonegawa. Meanwhile Waltham, MA-based Syndax Pharmaceuticals is developing an anti-cancer drug that came out of Ron Evans’s lab at San Diego’s Salk Institute. That’s life sciences, and this is Xconomy: —San Diego-based aFraxis CEO Jay Lichter … Continue reading “Carl Icahn Nominates Scripps Researcher to Biogen Idec Board, BrainCells Pursues New Drug Combo for Depression, Illumina Adds to Oxford Nanopore Investment, & More San Diego Life Sciences News”