BIND Biosciences Secures $11,000,000 Series C Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=32f1379d-cdc9-45b2-8f47-a3f53782a1de&Preview=1 Date 1/11/2010 Company Name BIND Biosciences Mailing Address 64 Sidney Street Cambridge, MA 02139 Company Description BIND Biosciences, Inc. is a venture backed biopharmaceutical company focused on engineering targeted therapeutics. BIND’s technology was developed by world class laboratories at MIT and Harvard. Website http://www.bindbio.com Transaction Type Venture Equity Transaction Amount $11,000,000 … Continue reading “BIND Biosciences Secures $11,000,000 Series C Round”

Dynadec Lands $350,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ebe01ea0-7523-416e-b560-b660c9fbaacc&Preview=1 Date 1/11/2010 Company Name Dynadec Mailing Address One Richmond Square Providence, RI 02906 Company Description Dynadec solutions drive operational excellence by optimizing the decisions and processes that are critical to your success. Comet™, our hybrid optimization platform, accelerates the development of high-value solutions for vehicle routing, workforce management and resource scheduling. … Continue reading “Dynadec Lands $350,000 New Financing”

CA Acquires Oblicore for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0218150a-07d1-478a-993d-255742a30b25&Preview=1 Date 1/11/2010 Company Name Oblicore Mailing Address 460 Totten Pond Road Waltham, MA 02451 Company Description Oblicore is the leading provider of Service Level Management software. Our flagship product, Oblicore Guarantee, automates, activates and accelerates the monitoring, reporting and management of all business technology service level agreements and service delivery for … Continue reading “CA Acquires Oblicore for Undisclosed Sum”

Advanced Cardiac Therapeutics Secures $5,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a7ab356c-5ca3-4163-a7e7-c67f0226f679&Preview=1 Date 1/11/2010 Company Name Advanced Cardiac Therapeutics Mailing Address 968 Skyline Drive Laguna Beach, CA 92651 Company Description Advanced Cardiac Therapeutics, Inc. develops and manufactures products for use in electrophysiology based on microwave radiometry technology. Its products provide real-time feedback of energy delivered by catheters during cardiac ablation procedures. The company … Continue reading “Advanced Cardiac Therapeutics Secures $5,000,000 Series B Funding”

Tandem Diabetes Care Obtains $52,300,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=038ab1fb-fd90-4813-acad-fa237a765e0a&Preview=1 Date 1/11/2010 Company Name Tandem Diabetes Care Mailing Address 11045 Roselle Street San Diego, CA 92121 Company Description The company develops medical devices for the treatment of diabetes. Website http://www.tandemdiabetes.com Transaction Type Venture Equity Transaction Amount $52,300,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor … Continue reading “Tandem Diabetes Care Obtains $52,300,000 New Financing”

NeuraLieve Garners $3,900,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b7eb7f0c-96af-4040-bb42-3fb65ef28b10&Preview=1 Date 1/11/2010 Company Name NeuraLieve Mailing Address 240 N. Wolfe Rd. Sunnyvale, CA 94085 Company Description Neuralieve is a medical technology company that is pursuing a completely new approach to the treatment of migraine headache. Our core technology is based on the science of transcranial magnetic stimulation (TMS), a modality that … Continue reading “NeuraLieve Garners $3,900,000 New Financing Round”

Nicira Secures $9,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e896ec54-ef22-4aba-9f56-7ccb67bebf07&Preview=1 Date 1/11/2010 Company Name Nicira Mailing Address 3600 W. Bayshore Road Palo Alto, CA 94303 Company Description Nicira Networks is accelerating the transformation to cloud infrastructure by delivering software that virtualizes the network and enables elastic, scale-out data centers. Website http://www.nicira.com Transaction Type Venture Equity Transaction Amount $9,000,000 Transaction Round Undisclosed … Continue reading “Nicira Secures $9,000,000 New Financing”

Oorja Protonics Lands $450,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80f5ae05-c2cc-4f07-b3a8-cc9007b3ffa2&Preview=1 Date 1/11/2010 Company Name Oorja Protonics Mailing Address 40923 Encyclopedia Circle Fremont, CA 94538 Company Description At Oorja, we are developing alcohol-based fuel cell systems based on proprietary and patented technology. Our goal is to offer power systems that are compact, efficient, and reliable. We have built strategic alliances with leading … Continue reading “Oorja Protonics Lands $450,000 New Round”

Solta Medical Garners $17,200,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=137c21f1-3c42-4404-8b9f-d4229d399d64&Preview=1 Date 1/11/2010 Company Name Solta Medical Mailing Address 25881 Industrial Boulevard Hayward, CA 94545 Company Description At Solta Medical we are motivated by the promise of a forward thinking, science driven, pursuit of excellence. Our commitment to innovation is as boundless as the mobius in our logo, a circle without beginning … Continue reading “Solta Medical Garners $17,200,000 New Funding”

Apama Medical Obtains $1,100,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b673c1cd-f9f1-408a-a0db-e0b9997e352b&Preview=1 Date 1/11/2010 Company Name Apama Medical Mailing Address 18729 Metler Ct Saratoga, CA 95070 Company Description Apama Medical is developing a catheter to treat atrial fibrillation. Website Undisclosed Transaction Type Venture Equity Transaction Amount $1,100,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Undisclosed

DFINE Garners $2,800,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=013c54ac-d407-43c0-92a4-f991da0a123f&Preview=1 Date 1/11/2010 Company Name DFINE Mailing Address 3047 Orchard Parkway San Jose, CA 95134 Company Description The company develops electrosurgical systems for treating tissue. Website http://www.dfineinc.com Transaction Type Venture Equity Transaction Amount $2,800,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor BB&T Capital Partners, LLC … Continue reading “DFINE Garners $2,800,000 New Funding”

Microchip Technology Acquires ZeroG Wireless for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4590d1f9-a32b-4fc2-8d63-dd26705d68bc&Preview=1 Date 1/11/2010 Company Name ZeroG Wireless Mailing Address 255 San Geronimo Way Sunnyvale, CA 94085 Company Description ZeroG Wireless was founded based on the belief that a new paradigm of wireless connectivity is upon us. We envision a 4th Age of Wireless™ — the Internet of Things. Trends such as pervasive … Continue reading “Microchip Technology Acquires ZeroG Wireless for Undisclosed Sum”

Tva Medical Receives $2,600,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=69cb5971-8c6a-40d5-b553-edb505f6c81b&Preview=1 Date 1/11/2010 Company Name Tva Medical Mailing Address 7000 Bee Cave Rd Austin, TX 78746 Company Description TVA Medical, Inc. (TVA) is a medical device company developing minimally invasive therapies for End-Stage Renal Disease (ESRD). Website http://www.tvamedical.com Transaction Type Venture Equity Transaction Amount $2,600,000 Transaction Round Series A Proceeds Purposes The … Continue reading “Tva Medical Receives $2,600,000 Series A Funding Round”

So Quoth Frank Quattrone

The San Diego Venture Group hosts investment banker Frank Quattrone for its first breakfast meeting of 2010. Quattrone heads the merchant banking firm Qatalyst Group, which he founded in March 2008. As an investment banker at Credit Suisse First Boston during the 1990s tech boom, Quattrone led IPOs for dozens of companies, including Netscape, Cisco, … Continue reading “So Quoth Frank Quattrone”

Merck, Novartis, and J&J: What is Big Pharma Up to in 2010?

What does the arrival of major pharmaceutical research centers in Southern California mean for San Diego? Will big pharma’s quest for new pipeline products bring new investment to startups? Will big biotech bring in additional resources? Is groom-to-acquire a good thing? James Schaeffer of Merck Research Laboratories, Avi Spier of Novartis Research Foundation, and Diego … Continue reading “Merck, Novartis, and J&J: What is Big Pharma Up to in 2010?”

In Search of Less Toxic Cancer Therapies

Catriona Jamieson, an assistant professor of medicine in the hematologic malignancies program at UC San Diego and director of the stem cell research program at the Moores Cancer Center has identified a promising cancer treatment. Jamieson specializes in leukemia and myeloproliferative disorders (MPDs), a family of unusual degenerative disorders in which the body overproduces blood … Continue reading “In Search of Less Toxic Cancer Therapies”

TelCentris and VoxOx: How Can a New Phone Company Become a Market Leader?

The MIT Enterprise Forum of San Diego presents a case study on VoxOx, an all-in-one communications platform created by TelCentris, a San Diego startup that operates a CLEC, a competitive local exchange carrier. A presentation by TelCentris president Michael Fraught will be followed by a panel discussion that is intended to address some key questions. … Continue reading “TelCentris and VoxOx: How Can a New Phone Company Become a Market Leader?”

Patent Reform and The View From the Hill: Congressman Darrell Issa and IP Experts Discuss Changes to Come in Looming Patent Legislation

The U.S. Congress will soon be addressing current Intellectual Property policies and debating various approaches to patent reform. Anticipated changes will have far-reaching implications for the innovation economy and San Diego’s business and entrepreneurial communities. More information and online registration is here.

Australian CleanTech: Synergies & Opportunities with San Diego

Explore the many synergies and opportunities for cleantech collaboration between Australia and San Diego. The Australian Trade Commisssion and CleanTech San Diego present a panel discussion and networking event that offers an opportunity to hear about developments and opportunities in Australia and San Diego. Meet with clean tech industry professionals, researchers and investors. More information … Continue reading “Australian CleanTech: Synergies & Opportunities with San Diego”

SDBN Career Development and Speed Networking

The San Diego Biotechnology Network is hosting experts from Proven Scientific Staffing and RxResearch Staffing who will share useful tips for career development. The event also includes a fast-paced speed networking exercise. Participants will share business cards, history and offer new contacts with valuable information about their business. More information and online registration is here.

Alder Rival Wins FDA Approval

[Correction: 1/11/10, 9:15 am Pacific, with distinction between IL-6 and IL-6 receptor.] Genentech, the U.S.-based unit of Swiss pharmaceutical giant Roche, said the FDA has granted clearance to start selling a new drug for rheumatoid arthritis. The treatment, tocilizumab (Actemra), is the first approved antibody engineered to block the receptor for an inflammatory protein called … Continue reading “Alder Rival Wins FDA Approval”

Zino Green Investment Forum

The 4th annual ZINO Green Investment Forum is being held on March 4. This year’s event will feature 15 entrepreneurs in the areas of clean tech, green IT, energy efficiency and sustainable products and services. Presenting companies are early-stage or are seeking expansion capital in the $250K-$5M range. For more information, click here.

Science & Technology Discovery Series: Debbie Nickerson on Genomics

Dr. Debbie Nickerson, a leader in medical sequencing of cardiovascular, blood and lung diseases, will be the featured speaker on April 9 at the Technology Alliance’s Science & Technology Discovery Series. Nickerson has been named as one of the principal investigators for the newly formed Northwest Genomics Center at the University of Washington. The Center … Continue reading “Science & Technology Discovery Series: Debbie Nickerson on Genomics”

Science & Technology Discovery Series: PNNL’s J. Michael Davis on Renewable Energy

J. Michael Davis, the associate laboratory director, in the Energy and Environment Directorate of the Pacific Northwest National Laboratory will be the featured speaker on March 12 at the Technology Alliance’s Science & Technology Discovery Series. Davis is known nationally as a key resource in the areas of hydrogen, power grid, renewable energy and energy … Continue reading “Science & Technology Discovery Series: PNNL’s J. Michael Davis on Renewable Energy”

Domesticating Global Health 2: “Doctor Ready” Innovations in Domestic Personalized Medicines

[Updated: 2/5/2010, 2:46 pm Pacific, with new starting time]. On February 10, the Washington Biotechnology & Biomedical Association is organizing the second event in a four-part series on Domesticating Global Health. All sessions will be approximately 2 hours and paneled by 3 to 4 topic experts. Lisa Cohen, Director of the Global Health Alliance, a … Continue reading “Domesticating Global Health 2: “Doctor Ready” Innovations in Domestic Personalized Medicines”

From Academia to Industry: WBBA Event

The Washington Biotechnology & Biomedical Association is organizing an event February 24 on how scientists can make the career transition from academia to industry. Mike Gallatin of Calistoga Pharmaceuticals, Jonathan Drachman of Seattle Genetics, and Kenneth Ferguson of Imvaxyn will speak on a panel moderated by Ulrich Mueller of the Fred Hutchinson Cancer Research Center. … Continue reading “From Academia to Industry: WBBA Event”

Fourth Annual Science & Technology Showcase at UW

The University of Washington’s Center for Innovation and Entrepreneurship (CIE) and the Science and Engineering Business Association (SEBA), are organizing the fourth annual Science & Technology Showcase on January 14. The goal is to bring together students from multiple disciplines on campus and businesspeople from the community. Students from science and engineering will exhibit their … Continue reading “Fourth Annual Science & Technology Showcase at UW”

Kineta Garners $942,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=81717cce-eb18-4425-9bcd-2eee8d5a0b7d&Preview=1 Date 1/9/2010 Company Name Kineta Mailing Address 307 Westlake Ave North Seattle, WA 98109 Company Description Kineta Inc. was formed in December 2007 by a group of scientists who are globally recognized for several breakthrough discoveries about the human immune system and the body’s reaction to the Hepatitis C virus. Through … Continue reading “Kineta Garners $942,000 New Financing Round”

Asset Liquidation Signals End of San Diego’s Verari Systems

When San Diego tech firm Verari Systems abruptly laid off nearly all of its employees last month, senior vice president Dan Gatti maintained that the doors remained open, a few executives were staying on, and the company was restructuring its business. In a Dec. 14 statement posted on Verari’s website, the company said it had … Continue reading “Asset Liquidation Signals End of San Diego’s Verari Systems”

MIT MBA Students: Amazon, Google, and T-Mobile Are Hiring, Expedia Isn’t; Microsoft “Super Interesting,” Apple Is “Sterile”

[Updated 3:30pm 1/9/10 with clarification (see below)] If you want to know which companies are looking to hire top young business talent around town, just ask the group of 20 or so first-year MBA students from MIT Sloan School of Management. The students from Cambridge, MA, are in Seattle this week looking to make contacts … Continue reading “MIT MBA Students: Amazon, Google, and T-Mobile Are Hiring, Expedia Isn’t; Microsoft “Super Interesting,” Apple Is “Sterile””

San Diego’s Organovo Develops Bio-Printer Technology to Engineer New Organs

A biomedical startup in San Diego is giving new form to tissue engineering, with the help of proprietary technology licensed from the University of Missouri and a 3-D “bio-printer” capable of building human blood vessels and organs. Organovo CEO Keith Murphy demonstrated the bio-printer for me several weeks ago, explaining that the technology was developed … Continue reading “San Diego’s Organovo Develops Bio-Printer Technology to Engineer New Organs”

Dynadec, Harvest, and Konarka: A Trio of Friday Fundings

Three New England firms rounded out the first week of the New Year with new financing rounds. —Konarka Technologies of Lowell, MA, which is famous for its flexible “Power Plastic” photovoltaic material, raised $23.8 million in Series G funding through an offering combining equity and warrants. All of the money came from a single source, … Continue reading “Dynadec, Harvest, and Konarka: A Trio of Friday Fundings”

Subscription Model Turns Rent the Runway into a Real “Dressflix”

“Netflix for designer dresses” is the elevator pitch that everyone uses to describe Rent the Runway, the New York City startup that launched in November with Series A funding from Boston-based Bain Capital Ventures. The company buys dresses from top fashion designers, then lets customers reserve them online for a four- or eight-day rental period. … Continue reading “Subscription Model Turns Rent the Runway into a Real “Dressflix””

Synta Nabs $25M in Stock Deal

Synta Pharmaceuticals, the Lexington, MA-based developer of cancer drugs, said today it has raised $25 million in a stock offering. The company (NASDAQ: [[ticker:SNTA]]) sold 5.5 million shares at $4.50 apiece—about a 17.6 percent discount from yesterday’s closing price of $5.46. Lazard Capital Markets led the offering and RBC Capital Markets served as a co-manager. … Continue reading “Synta Nabs $25M in Stock Deal”

The FCC Calls for a Standard Set-Top Box: Open Box, Open Market, Open Mind?

I may be in the minority, but I think the FCC’s recent call for an open, retail-ready set-top box standard could be a boon for incumbent service providers, their technology partners, and consumers. The cable companies, who charge a nice little fee for set-top box rentals, may say that regulation will cost them the revenues … Continue reading “The FCC Calls for a Standard Set-Top Box: Open Box, Open Market, Open Mind?”

Five Disruptive Biotech Ideas to Watch in the Coming Decade

It was a remarkable decade. There were so many advances in biotech during the first decade of the millennium that it is hard to choose the most important ones so I’d prefer to focus on five transformational biotechnologies coming in the future. 1. Who would have guessed that by the end of the decade, what … Continue reading “Five Disruptive Biotech Ideas to Watch in the Coming Decade”

Tablet Fever: How Apple Could Go Where No Computer Maker Has Gone Before

After a steady crescendo over the last several years, the talk in the mediasphere about a new tablet computer from Apple has reached deafening proportions. With an actual product announcement now expected on January 27 (at least, according to the Wall Street Journal, which cites “sources in a position to know”), Apple may finally be … Continue reading “Tablet Fever: How Apple Could Go Where No Computer Maker Has Gone Before”

Achates Power Receives $7,075,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0f87e918-df3d-47b1-89f9-cc4674a21419&Preview=1 Date 1/8/2010 Company Name Achates Power Mailing Address 4060 Sorrento Valley Boulevard San Diego, CA 92121 Company Description With a focus on first principles, the Achates Power team, consisting of carefully selected Engineers and Scientists from the world’s leading companies, places great emphasis on analytical modeling calibrated with empirical test results.To … Continue reading “Achates Power Receives $7,075,000 Series B Financing Round”

TIBCO Software Acquires Foresight Corp for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f3fa8f1b-2da8-40db-a1a3-d4b32886eb5b&Preview=1 Date 1/8/2010 Company Name Foresight Corp Mailing Address 655 Metro Place South Dublin, OH 43017 Company Description With Foresight, everything is possible. You’ll see that we do things differently here. Our passion is co-creation, and it separates us from the flock. Our inspiration is our customers, who are amazing. Our foundation … Continue reading “TIBCO Software Acquires Foresight Corp for Undisclosed Sum”

Nuvosun Receives New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=14e2749c-e4c0-4f48-b495-b4b1b151f9f0&Preview=1 Date 1/8/2010 Company Name Nuvosun Mailing Address 3788 Fabian Way Palo Alto, CA 94303-4601 Company Description Nuvosun, Inc is a private company categorized under Photovoltaic Devices, Solid State and located in Palo Alto, CA. Our records show it was established in 2008 and incorporated in California. Website http://www.nuvosun.com Transaction Type Venture … Continue reading “Nuvosun Receives New Financing”

Discera Lands $11,000,000 Series D Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=53744e31-6d51-4ee4-bca8-cd7d4039a3a0&Preview=1 Date 1/8/2010 Company Name Discera Mailing Address 1961 Concourse Drive San Jose, CA 95131 Company Description Discera is a fabless analog semiconductor company that offers tiny, high performance silicon resonators for the frequency and timing control markets. These resonators act as the heartbeat or pulse for a variety of devices from … Continue reading “Discera Lands $11,000,000 Series D Round”

Reframe It Receives $2,300,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a1e57703-b094-4746-b3ff-fa6ab120aaeb&Preview=1 Date 1/8/2010 Company Name Reframe It Mailing Address 807 San Francisco Terrace Stanford, CA 94305 Company Description Reframe It seeks to transform the nature of the public web by creating a virtual margin alongside any web page on which users can post comments to be shared with other users and read … Continue reading “Reframe It Receives $2,300,000 New Funding”

SeaChange International Acquires Vivid Logic for $23,600,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e945d5b0-89f1-40e2-8b34-f1a5b133732b&Preview=1 Date 1/8/2010 Company Name Vivid Logic Mailing Address 40994 Encyclopedia Circle Fremont, CA 94538 Company Description VividLogic, Inc., a Delaware corporation, was founded in December 1999 with its headquarters in Fremont, California. The company has its main R&D facility in Fremont, California with offshore development in Bangalore, India and is represented … Continue reading “SeaChange International Acquires Vivid Logic for $23,600,000”

Prometheus Labs Gets $260M in Debt Financing

San Diego-based Prometheus Laboratories, which develops specialty pharmaceuticals and diagnostic tests, says today it has secured $260 million in financing that consists of a $210 million loan and a $50 million line of credit. The company says proceeds will be used to finance the acquisition of more therapeutic and diagnostic products, and to refinance existing … Continue reading “Prometheus Labs Gets $260M in Debt Financing”

ISB Wins Top Scientific Impact Rank

The Institute for Systems Biology, a Seattle-based research center known for its entrepreneurial activity, was ranked No. 1 among all U.S. research institutions and No. 3 worldwide in terms of the impact of its scientific publications, according to an analysis by Spain-based SCImago Research Group. The impact ranking was based on an institution’s total research … Continue reading “ISB Wins Top Scientific Impact Rank”