ZymoGenetics (NASDAQ: [[ticker:ZGEN]]), the Seattle-based biotech company, said today in a regulatory filing that its drug to control excess surgical bleeding has received approval from Canadian regulators. ZymoGenetics’ partner, Bayer AG, received clearance to start marketing recombinant thrombin (Recothrom), in Canada. ZymoGenetics, which first received approval of the drug in the U.S. in January 2008, … Continue reading “Zymo Drug Gets Canadian Approval”
Advanced Cell Technology Betting Future on Embryonic Stem Cell Therapy for Eye Disease
Advanced Cell Technology is banking on an experimental cellular therapy for a rare eye disease to show the world that controversial embryonic stem cells have a place in treating diseases. Amid serious financial constraints at the Worcester, MA-based biotech firm (OTCBB[[ticker:ACTC]]), a plan is in place to pioneer the use of cellular therapies made with … Continue reading “Advanced Cell Technology Betting Future on Embryonic Stem Cell Therapy for Eye Disease”
GlassHouse Technologies Lands $2,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4f4a87cc-1d25-4811-9957-e05fb24fcb9e&Preview=1 Date 12/16/2009 Company Name GlassHouse Technologies Mailing Address 200 Crossing Boulevard Framingham, MA 01702 Company Description GlassHouse Technologies, Inc. provides services that help organizations solve the business problems of enterprise storage. From strategy through deployment and support, GlassHouse partners with clients to transform storage into a strategic advantage. GlassHouse clients include … Continue reading “GlassHouse Technologies Lands $2,000,000 New Financing”
QD Vision Secures $10,000,000 Series D Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8469525c-d1b3-4829-8437-f7ce89ed129d&Preview=1 Date 12/16/2009 Company Name QD Vision Mailing Address 313 Pleasant St Watertown, MA 02472 Company Description Our leading edge solutions will give customers decisive performance and manufacturing advantages in the competitive market for flat panel displays. Because our solutions use standard OLED device structures, customers with installed manufacturing equipment can leverage … Continue reading “QD Vision Secures $10,000,000 Series D Funding Round”
SmartDrive Systems Lands $25,000,000 Series E Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=60f46843-1ad0-4f4d-a32f-969380079e9c&Preview=1 Date 12/16/2009 Company Name SmartDrive Systems Mailing Address 9276 Scranton Road 5th Floor San Diego, CA 92121 Company Description SmartDrive Systems saves lives by increasing safe driving through behavior modification and saves money through lower insurance costs/claims via state-of-the-art, vehicle safety devices for commercial and government fleets of vehicles. SmartDrive Systems … Continue reading “SmartDrive Systems Lands $25,000,000 Series E Financing”
Ace Metrix Obtains $6,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b38af771-4284-47e5-ad32-a5708e6f6fc6&Preview=1 Date 12/16/2009 Company Name Ace Metrix Mailing Address 11858 La Grange Avenue Los Angeles, CA 90025 Company Description At Ace Metrix, the ad guys joined with innovative researchers and technology experts to create a new way of providing traditional copy testing, tracking studies and trending analysis. Website http://www.acemetrix.com Transaction Type Venture … Continue reading “Ace Metrix Obtains $6,000,000 Series B Financing Round”
Ellie Mae Acquires Mavent for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=abf6ec74-afb6-4afe-8b0e-f44a2f742309&Preview=1 Date 12/16/2009 Company Name Mavent Mailing Address 3 Park Plaza Irvine, CA 92614 Company Description Mavent Inc. developer of the 2comply Expert System was founded in 1999. The 2comply Expert System is an automated expert system that provides the residential mortgage industry with a proven technology solution for complying with applicable … Continue reading “Ellie Mae Acquires Mavent for Undisclosed Sum”
Photobucket Merges With Ontela
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=acd923a8-a8f0-4c6a-a440-cd4fb7d62fb4&Preview=1 Date 12/16/2009 Company Name Ontela Mailing Address 506 Second Avenue Seattle, WA 98104 Company Description The Ontela PicDeck™ platform brings simple and reliable image services to popular mobile phone handsets, helping both wireless carriers and image service providers deliver more value to their customers. Website http://www.ontela.com Transaction Type M&A Transaction Amount … Continue reading “Photobucket Merges With Ontela”
Afferent Pharmaceuticals Receives $23,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d5096069-7f3a-4ce2-acc3-35687ac03d56&Preview=1 Date 12/16/2009 Company Name Afferent Pharmaceuticals Mailing Address 29 Newbury Street Boston, MA 02116 Company Description Develops medicines to treat chronic pain. Afferent Pharmaceuticals is focused on developing first-in-class medicines to treat chronic pain by targeting P2X3 receptors in nerve fibers. Research shows that P2X3-containing receptors are highly specific to nerve … Continue reading “Afferent Pharmaceuticals Receives $23,000,000 Series A Round”
SonicMule Secures $8,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ad4c889f-659c-443c-a380-216d62afdd56&Preview=1 Date 12/16/2009 Company Name SonicMule Mailing Address 535 Middlefield Road Menlo Park, CA 94025 Company Description The company operates as a company that develops mobile entertainment software. Website http://www.smule.com Transaction Type Venture Equity Transaction Amount $8,000,000 Transaction Round Series C Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor … Continue reading “SonicMule Secures $8,000,000 Series C Funding Round”
kaChing Obtains $7,500,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d7fcf1f8-65b9-45d7-9e98-abc2f4993f9a&Preview=1 Date 12/16/2009 Company Name kaChing Mailing Address 203 Forest Avenue Palo Alto, CA 94301 Company Description kaChing is an investing talent marketplace where individual investors can get access to the best investing talent, and the best investing talent can earn a living. By embracing the Open Source philosophy that “information should … Continue reading “kaChing Obtains $7,500,000 Series A Funding”
Ethicon Acquires Acclarent for $785,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4668d31a-359f-4ce2-bc4b-2a440532e2b1&Preview=1 Date 12/16/2009 Company Name Acclarent Mailing Address 1525-B O’Brien Drive Menlo Park, CA 94025 Company Description Initially, we are focused on achieving the goals of sinus surgery with novel, endoscopic, catheter-based tools – Balloon SinuplastyTM devices. Through the Balloon SinuplastyTM technology and our Relieva® product portfolio we offer ENT patients alternatives … Continue reading “Ethicon Acquires Acclarent for $785,000,000”
Xconomy Forum: The Biotech Odyssey and Xconomy’s Ode to Innovation and Clean Air
Leave it to the Greeks to provide an epic mythology for interpreting the essence of biotech innovation. As John Maraganore of Cambridge, MA-based Alnylam Pharmaceuticals puts it, drug development is a voyage of Odysseus that requires wily and ingenious problem-solving and extraordinary seamanship. Put another way by Kleanthis Xanthopoulos of Carlsbad, CA-based Regulus Therapeutics, the … Continue reading “Xconomy Forum: The Biotech Odyssey and Xconomy’s Ode to Innovation and Clean Air”
Biogen Prepared for Proxy Battle for Facet Biotech
Cambridge, MA-based Biogen Idec told investors today that it’s willing to wage a proxy battle to take control of the board of Facet Biotech, which it has been trying to acquire without success since September. Biogen (NASDAQ:[[ticker:BIIB]]) said that it would run a proxy contest to take a majority of seats on the board of … Continue reading “Biogen Prepared for Proxy Battle for Facet Biotech”
Microsoft Buys Opalis and Sentillion, Swype and Widevine Raise Cash, Dendreon Rakes In $409M, & More Seattle-Area Deals News
It was a busy week for Northwest deals, as companies tried to beat the holiday rush. Lots of action in software, mobile, and biotech. —Seattle-based Swype, maker of text-input software for touch screens, raised $5.6 million in a Series B round led by Samsung Ventures, Nokia Growth Partners, and Benaroya Capital. Swype released its first … Continue reading “Microsoft Buys Opalis and Sentillion, Swype and Widevine Raise Cash, Dendreon Rakes In $409M, & More Seattle-Area Deals News”
PatientKeeper Collects $13M Funding, Puts VC Chip Hazard on Board
PatientKeeper is developing software for physicians that will help them comply with planned federal guidelines for the use of electronic medical records. And the Newton, MA-based firm says today that it’s raised $13 million in debt and equity funds to cover the costs of updating its products and supporting business growth. The equity portion of … Continue reading “PatientKeeper Collects $13M Funding, Puts VC Chip Hazard on Board”
Cloud3 Speakers Share Their Presentations
At Xconomy’s Cloud3 Forum on December 10, several attendees asked me whether we would be putting the speakers’ presentations online. It seemed like a great idea—in fact I wished I’d thought of it myself! So I asked all of our speakers for permission to post their decks, and voila, here are seven of them. You … Continue reading “Cloud3 Speakers Share Their Presentations”
Connect’s Innovation Report Highlights Higher Federal Spending
A comprehensive snapshot of San Diego’s innovation economy shows a slowdown in new company formation, with 78 technology startups created during the three months that ended in September. But federal grants for basic research jumped to new highs, with funding awarded by the National Institutes of Health (NIH) up 44 percent and funding from the … Continue reading “Connect’s Innovation Report Highlights Higher Federal Spending”
Azure Reorganization Raises Questions About the Future of Ray Ozzie at Microsoft
Last week, we reported that Microsoft is moving Windows Azure, its cloud computing platform, into a new business unit called the Server and Cloud Division, as the company gears up to offer a paid cloud service early next year. Azure now falls under the authority of Bob Muglia, president of the company’s Server and Tools … Continue reading “Azure Reorganization Raises Questions About the Future of Ray Ozzie at Microsoft”
Nasuni Starts with $8M A Round
Nasuni, a Natick, MA-based startup developing a cloud storage product, reports this morning that it’s raised $8 million in a Series A financing from North Bridge Venture Partners and Sigma Partners. The founders of the stealthy company are CEO Andres Rodriguez and Robert Mason, both of whom are former executives of a Massachusetts-based online storage … Continue reading “Nasuni Starts with $8M A Round”
The Cloud3 Crowd: Photos from Xconomy’s Cloud Computing Forum
Xconomy’s Cloud3 Forum on December 10 attracted a capacity crowd of more than 200 people—and now we’ve got the photos to prove it! We used the morning event, which was hosted by Microsoft, to hash out some of the stickiest issues around cloud computing, such as cost and security, and to bring the audience up … Continue reading “The Cloud3 Crowd: Photos from Xconomy’s Cloud Computing Forum”
$16 Million More for Exagrid
[Corrected 12/15/09, see below] Exagrid, a provider of disk-based backup storage equipment and deduplication software in Westborough, MA, has raised an additional $16 million in equity-based financing, according to regulatory documents filed December 14. This venture round, the company’s fifth, follows a $20 million Series C round in November 2007 and a $12 million Series … Continue reading “$16 Million More for Exagrid”
New Faces, New Vacancies on Biogen Idec Board May Foretell Another Proxy Battle
The Biogen Idec boardroom has seen a lot of turnover in the past few months, and who ends up filling the empty slots could say a lot about whether the Cambridge, MA-based biotech company (NASDAQ: [[ticker:BIIB]]) will have another proxy fight with billionaire investor Carl Icahn on its hands this spring. Since Icahn won a … Continue reading “New Faces, New Vacancies on Biogen Idec Board May Foretell Another Proxy Battle”
In Online Advertising Auctions, DataXu’s Rocket Science Turns the Tables in Buyers’ Favor
The introduction of pay-per-click advertising in the early 2000s by Overture, Google, Yahoo, and others made the Web a lot more appealing to advertisers, since it meant they only had to pay for ads when Web surfers actually clicked through to their sites. A more recent innovation—real-time bidding for individual display-ad impressions—also helps advertisers, by … Continue reading “In Online Advertising Auctions, DataXu’s Rocket Science Turns the Tables in Buyers’ Favor”
WTIA 2010 Annual Industry Achievement Awards
Info and registration here. This year’s 15th annual Industry Achievement Awards will celebrate the vibrant technology community in the state of Washington. Through 8 award categories, covering all technology segments, we will recognize the accomplishments of the brightest companies, individuals and students in our state during the past year. Washington is well known for nature … Continue reading “WTIA 2010 Annual Industry Achievement Awards”
The Top Five Biotech Innovations of the 2000s
[Editor’s Note: As the decade comes to an end, we’ve asked a number of Xconomists around the country to weigh in with the Top 5 innovations they’ve seen in their respective fields the past 10 years, or the Top 5 disruptive technologies that will impact the next decade. Here’s the first installment.] Here are the … Continue reading “The Top Five Biotech Innovations of the 2000s”
Seattle Genetics Nabs $60M Upfront From Millennium For “Empowered Antibody”
Seattle Genetics lost one marquee partner last week, and a few days later, it gained another. The Bothell, WA-based biotech company said today that it has clinched a partnership with Millennium: The Takeda Oncology Company to co-develop and market an “empowered antibody” for Hodgkin’s disease and related lymphomas. Millennium, a Cambridge, MA-based operation that handles … Continue reading “Seattle Genetics Nabs $60M Upfront From Millennium For “Empowered Antibody””
Swype Raises $5.6M, Looks to Go Global with Text Input Software for Smartphones
Seattle-based Swype, a maker of text-input software for touch screens, has raised $5.6 million in Series B equity financing from new investors Samsung Ventures and Nokia Growth Partners, and returning investor Benaroya Capital. The funding should help Swype expand its technology to more mobile phones around the world, and eventually explore other types of devices … Continue reading “Swype Raises $5.6M, Looks to Go Global with Text Input Software for Smartphones”
Shire Making Lemonade with Genzyme’s Lemons
Shire, the British drugmaker with a big presence in Massachusetts, has seen its fortunes rise during this year of manufacturing woes over at Cambridge, MA-based Genzyme. Shire (LON: [[ticker:SHP]]) doesn’t yet have regulatory approval to market two treatments for genetic diseases that will rival Genzyme, but U.S. regulators have allowed the company to go ahead … Continue reading “Shire Making Lemonade with Genzyme’s Lemons”
ExaGrid Systems Receives $16,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ae38a893-2f8d-46a1-b6e0-3f7b1aeeaefd&Preview=1 Date 12/15/2009 Company Name ExaGrid Systems Mailing Address 2000 West Park Drive Westborough, MA 01581 Company Description ExaGrid Systems, an innovator in Self-Protecting Storage, provides the industry’s most comprehensive integrated storage and data protection solutions. Website http://www.exagrid.com Transaction Type Venture Equity Transaction Amount $16,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “ExaGrid Systems Receives $16,000,000 New Funding”
Countdown To Buy Obtains $1,100,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ed11c675-5346-4957-ba4f-5ee497fed13e&Preview=1 Date 12/15/2009 Company Name Countdown To Buy Mailing Address 6 Stony Hill Rd Bethel, CT 06801 Company Description Countdown To Buy (CTB) is a next generation online real estate marketplace that offers the most fair and effective way to buy and sell properties. The Company was founded by Jim Hodson, a … Continue reading “Countdown To Buy Obtains $1,100,000 New Round”
PatientKeeper Obtains $13,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8910f815-ebb9-4f9e-9dab-7a5bf6ae9c2c&Preview=1 Date 12/15/2009 Company Name PatientKeeper Mailing Address 275 Washington Street Newton, MA 02458 Company Description PatientKeeper, Inc. provides physicians with software that delivers clinical and financial benefits. Only PatientKeeper is designed to support a physician through the entire day. Website http://www.patientkeeper.com Transaction Type Debt, Venture Equity Transaction Amount $13,000,000 Transaction Round … Continue reading “PatientKeeper Obtains $13,000,000 New Financing”
Nasuni Receives $8,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d7f02559-0381-4a86-82b7-d473fab6e176&Preview=1 Date 12/15/2009 Company Name Nasuni Mailing Address 313 Speen Street Natick, MA 01760 Company Description Nasuni was founded in 2009 by seasoned executives to deliver a gateway to cloud storage that makes it feasible for more business users. Website http://www.nasuni.com Transaction Type Venture Equity Transaction Amount $8,000,000 Transaction Round Series A … Continue reading “Nasuni Receives $8,000,000 Series A Financing Round”
Swype Receives $5,600,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7e0f3782-3946-41cb-ace7-74046e08ff05&Preview=1 Date 12/15/2009 Company Name Swype Mailing Address 701 North 34th St Seattle, WA 98103 Company Description Swype is a maker of text-input technology for mobile devices. Website http://www.swypeinc.com/ Transaction Type Venture Equity Transaction Amount $5,600,000 Transaction Round Series B Proceeds Purposes The infusion will be used to further fuel Swype’s partnerships … Continue reading “Swype Receives $5,600,000 Series B Funding Round”
CalciMedica Lands $12,000,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6d14ec73-3afa-4b95-9aaf-1ed7718113e1&Preview=1 Date 12/15/2009 Company Name CalciMedica Mailing Address 505 Coast Blvd S. La Jolla, CA 92037 Company Description The company is developing drugs focused on autoimmune and inflammatory diseases. Website http://www.calcimedica.com Transaction Type Venture Equity Transaction Amount $12,000,000 Transaction Round Series C Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “CalciMedica Lands $12,000,000 Series C Round”
Asetek Receives $8,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e2ab7113-e04e-4a11-a70e-36cff8ffedab&Preview=1 Date 12/15/2009 Company Name Asetek Mailing Address 1430 Tully Rd San Jose, CA 95122 Company Description Asetek is a world leading thermal management solution provider of vapor phase, vapor chamber and liquid cooling solutions. These solutions are designed for OEM integration, servers/datacenters, PC enthusiasts, gamers, and professionals who demands exceptional performance, … Continue reading “Asetek Receives $8,000,000 New Financing Round”
AlikeList Receives $5,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=20f9c363-d6e2-4bcd-b36e-6096d913d2a0&Preview=1 Date 12/15/2009 Company Name AlikeList Mailing Address 190 S Murphy Ave Sunnyvale, CA 94086 Company Description AlikeList was founded and is lead by several family guys who’re passionate about easily connecting their families, friends, colleagues and communities with valuable and trusted local businesses. Website http://www.alikelist.com Transaction Type Venture Equity Transaction Amount … Continue reading “AlikeList Receives $5,000,000 New Funding Round”
Fat Spaniel Technologies Receives $4,600,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0e725784-85d7-4ed7-80ab-87cb64946e37&Preview=1 Date 12/15/2009 Company Name Fat Spaniel Technologies Mailing Address 152 North 3rd Street San Jose, CA 95112-5560 Company Description Fat Spaniel Technologies provides software and web site integration services in support of world-class energy system monitoring and visualization. Our flexible solutions transform raw energy data into dynamic, easy-to-understand presentations and make … Continue reading “Fat Spaniel Technologies Receives $4,600,000 New Financing”
Silver Spring Networks Obtains $100,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=09700e3e-e0df-461e-80a0-e38949f28a94&Preview=1 Date 12/15/2009 Company Name Silver Spring Networks Mailing Address 555 Broadway Street Redwood City, CA 94063 Company Description At Silver Spring Networks, we develop intelligent, IP-based networking products that allow utilities to dramatically improve efficiency, provide their customers with insight and control, and ensure the reliable delivery of low-cost services. Website … Continue reading “Silver Spring Networks Obtains $100,000,000 New Financing”
CoreStreet Sold to ActivIdentity for $20M
Fremont, CA-based ActivIdentity, which makes software and devices used to authenticate individuals entering secure facilities or logging on to private networks, said today that it is acquiring Cambridge, MA-based competitor CoreStreet for $20 million in cash, stock, and warrants. ActivIdentity said CoreStreet’s physical access control products and its distributed credential validation system—in which the information … Continue reading “CoreStreet Sold to ActivIdentity for $20M”
Widevine Closes $15M in Growth Capital for Online Video Platform
Seattle-based Widevine Technologies announced today it has raised $15 million in equity funding from strategic partners Liberty Global, Samsung Ventures, and an unnamed corporation. The round looks to be an extension of a smaller amount of funding reported last month. Widevine makes a software platform for delivering Internet video to consumer electronic devices including TVs, … Continue reading “Widevine Closes $15M in Growth Capital for Online Video Platform”
Emo Labs Raises $1.5 Million
Jason Carlson, CEO of Waltham, MA-based Emo Labs, confirmed today that the audio technology company has collected $1.5 million in the first tranche of a planned $2.7 million venture funding round, as indicated by regulatory documents filed December 11. Emo is developing transparent loudspeakers that attach to the front of large displays, greatly improving the … Continue reading “Emo Labs Raises $1.5 Million”
Caliper Sells XenBio for $11M
Caliper Life Sciences, a Hopkinton, MA-based provider of life sciences research products and services, said today that it has sold its small animal services business, Xenogen Biosciences (XenBio), to the laboratory rodent provider Taconic Farms for about $11 million. Taconic, headquartered in Hudson, NY, is also becoming the distributor of Caliper’s transgenic rodents that can … Continue reading “Caliper Sells XenBio for $11M”
Pathway Device Wins EU Approval
Pathway Medical Technologies, the Kirkland, WA-based developer of a medical device to clear out blockages in leg arteries, said today it has received regulatory clearance to sell the product in Europe. The company is now developing plans to sell the Jetstream G2 NXT for peripheral artery disease in all European Union countries. The product first … Continue reading “Pathway Device Wins EU Approval”
San Diego’s Verari Systems Restructuring its Data Storage Business
PE Hub reports today that San Diego-based Verari Systems shut down on Friday, but a top executive at the company, which provides blade servers and data storage technology, says the doors are still open and that Verari is restructuring its business. Verari is backed by venture investors including Seattle-based Voyager Capital. “Verari has initiated a … Continue reading “San Diego’s Verari Systems Restructuring its Data Storage Business”
IDC Picks Up 7ticks
Interactive Data Corporation (NYSE: [[ticker:IDC]]), the Bedford, MA-based market data provider, announced today that it will acquire 7ticks, a 42-employee firm in Chicago that provides customers with high-speed access to derivatives, options, and commodities exchanges such as the Chicago Mercantile Exchange and EuroNext. Interactive Data said in a statement that the acquisition “represents an important … Continue reading “IDC Picks Up 7ticks”
Avenue100 Acquires GetTheJob.com
Avenue100 Media Solutions, a Woburn, MA-based online marketing subsidiary of the Washington Post Company, said today that it has acquired job search site GetTheJob.com. The sites Avenue 100 already oversees include CourseAdvisor.com and EducationGrant.com; the acquisition represents “a natural step in our corporate evolution given our successful Web properties in the education realm,” Avenue 100 … Continue reading “Avenue100 Acquires GetTheJob.com”
Cubist to Acquire Calixa Therapeutics in Deal Worth up to $402.5M
Lexington, MA-based Cubist Pharmaceuticals says today that it’s inked a deal to buy fellow antiobiotic drug developer Calixa Therapeutics, of San Diego, for $92.5 million upfront and up to $310 million more in potential payments to Calixa shareholders. Calixa—which Luke profiled back in March after it cleared a key safety study for one of its … Continue reading “Cubist to Acquire Calixa Therapeutics in Deal Worth up to $402.5M”
On-Q-ity Ups Venture Round by $5M
Waltham, MA-based cancer diagnostics firm On-Q-ity has added a new investor and an additional $5 million to the $21 million Series A venture round it announced in early November, according to a press release summarized in the Boston Globe today. The new investor, Atlas Venture, joins Bessemer Venture Partners, MDV-Mohr Davidow Ventures, Northgate Capital, and … Continue reading “On-Q-ity Ups Venture Round by $5M”
Zymo Application Yanked in EU
ZymoGenetics (NASDAQ: [[ticker:ZGEN]]), the Seattle-based developer of a treatment to stop excess surgical bleeding, said today that its partner has voluntarily withdrawn an application to market the product in Europe. Germany-based Bayer, who formed a collaboration with ZymoGenetics to market recombinant thrombin (Recothrom) in 2007, withdrew the European application after regulators there said another clinical … Continue reading “Zymo Application Yanked in EU”