Woburn, MA-based Monotype Imaging (NASDAQ: [[ticker:TYPE]]) has paid $1.9 million in cash to acquire the assets of Planetweb, a dot-com-era holdover based in Redwood Shores, CA, according to a Monotype announcement today. Founded in 1996, Planetweb had raised nearly $60 million in venture backing to develop Internet browsers for televisions and other devices; its current … Continue reading “Monotype Buys Planetweb”
Novomer Uses Kodak’s Idle Film Plants to Scale Up Its Green Process for Making Plastic
There’s news out of Boston-based Novomer today offering a measure of encouragement to environmentalists fixated on this month’s climate-change negotiations in Copenhagen. The material science startup, which has venture backing from Kirkland, WA-based OVP Venture Partners and other firms, says it has embarked on a partnership with Kodak to use the 117-year-old company’s chemical manufacturing … Continue reading “Novomer Uses Kodak’s Idle Film Plants to Scale Up Its Green Process for Making Plastic”
Alnylam, Studying History of Genzyme, Eyes Drug to Make Big Impact for Rare Disease
Alnylam Pharmaceuticals has a technology, RNA interference, that scientists say has potential to break new ground against hundreds of diseases for decades to come. But when you have a proverbial “platform” technology that can do so much, how exactly should you set priorities, and decide which drugs to develop first? I got a sense for … Continue reading “Alnylam, Studying History of Genzyme, Eyes Drug to Make Big Impact for Rare Disease”
San Diego’s Pfenex, a Dow Spinout, Signs Merck to $52M Licensing Deal
Pfēnex, which just announced its presence in San Diego last week, today says it has granted Merck an exclusive worldwide license to use its technology to produce specific proteins for use in developing an undisclosed vaccine. A Pfēnex spokesman says the deal, which could be worth as much as $52 million in total payments, represents … Continue reading “San Diego’s Pfenex, a Dow Spinout, Signs Merck to $52M Licensing Deal”
Sequoia Gains Stake in Service-Now.com, Analytics Startup Moves HQ, Transaction Wireless Gets $2M, & More San Diego BizTech News
Software analytics continues to be one of San Diego’s busier high-tech sectors, with ParAccel leading a new generation of technologies that combine data warehousing and analytics. Get ready for the week ahead with this overview from Xconomy: —Sequoia Capital, the Menlo Park, CA, venture firm, is taking a big stake in Service-now.com, the Software-as-a-Service company … Continue reading “Sequoia Gains Stake in Service-Now.com, Analytics Startup Moves HQ, Transaction Wireless Gets $2M, & More San Diego BizTech News”
From Russia With Love (for Biotech), Stewart Parker Gets “Antsy” to Return
H. Stewart Parker’s biotech dream came to an end a little more than a year ago. The company she founded back in 1992, Seattle-based Targeted Genetics, had essentially run out of time and money for its quest to develop groundbreaking new gene therapies. It’s still around, but it never developed a cure, and it is … Continue reading “From Russia With Love (for Biotech), Stewart Parker Gets “Antsy” to Return”
Sugar Gets Sweeter: Former OLPC Exec Walter Bender on Netbooks, E-books, Blueberry, and Cloudberry
Every so often, we like to check in with Walter Bender, the former president of software and content for the One Laptop Per Child (OLPC) Foundation. He’s always busy with something interesting—and lately, it’s been Sugar, the classroom-oriented software environment that he and a team of software engineers originally developed for the OLPC’s $200 XO … Continue reading “Sugar Gets Sweeter: Former OLPC Exec Walter Bender on Netbooks, E-books, Blueberry, and Cloudberry”
On-Q-ity Receives $5,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f9b90e4b-0177-4852-8d34-469dd7f70fa7&Preview=1 Date 12/14/2009 Company Name On-Q-ity Mailing Address 610 Lincoln Street Waltham, MA 02451 Company Description Informed decisions will improve the way cancer is treated. On-Q-ity is an innovative diagnostic company that is focused on providing physicians with the tools they need to make the best decision when treating individual cancer patients. … Continue reading “On-Q-ity Receives $5,000,000 Series A Funding”
Emo Labs Obtains $1,500,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=92cb295d-a2c1-44b6-b07a-e02564bccfb8&Preview=1 Date 12/14/2009 Company Name Emo Labs Mailing Address 186 Third Avenue Waltham, MA 02451 Company Description Emo Labs’ invisible loudspeaker solutions unify audio and video to create a better multimedia entertainment experience. Website http://www.emolabs.com Transaction Type Venture Equity Transaction Amount $1,500,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not … Continue reading “Emo Labs Obtains $1,500,000 Series A Financing Round”
ActivIdentity Acquires CoreStreet Ltd. for $20,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd5c8551-6408-4a93-a52d-c6c81adc0c6e&Preview=1 Date 12/14/2009 Company Name CoreStreet Ltd. Mailing Address One Alewife Center Cambridge, MA 02140 Company Description Businesses and governments around the world deploy CoreStreet products and CoreStreet-enabled solutions to increase security, reduce costs, and comply with regulations. Website http://www.corestreet.com Transaction Type M&A Transaction Amount $20,000,000 Transaction Round Proceeds Purposes M&A Terms … Continue reading “ActivIdentity Acquires CoreStreet Ltd. for $20,000,000”
Widevine Technologies Lands $15,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd8b0d82-9c9e-4ff0-9ca8-1bb0d3e86a22&Preview=1 Date 12/14/2009 Company Name Widevine Technologies Mailing Address 901 5th Avenue Seattle, WA 98164 Company Description Widevine is the most widely deployed provider of content security solutions for IP video operators worldwide. Widevine enables telco, cable, fiber, satellite, internet and wireless service operators to generate new revenue opportunities through the secure … Continue reading “Widevine Technologies Lands $15,000,000 New Funding”
Getfugu Obtains $10,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=26b71d3a-3348-4d02-b47a-5940d3f32ea9&Preview=1 Date 12/14/2009 Company Name Getfugu Mailing Address 8560 W Sunset West Hollywood, CA 90069 Company Description Getfugu, Inc., based in Los Angeles, California, is the next generation mobile search tool and e-commerce application. Getfugu’s “See It,” “Say It” and “Get It” mobile application leverages the mobile phone’s core strengths delivering a … Continue reading “Getfugu Obtains $10,000,000 New Funding Round”
Cubist Pharmaceuticals Acquires Calixa Therapeutics for $92,500,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5ce6f651-f982-4d53-a5ad-304b4d417d27&Preview=1 Date 12/14/2009 Company Name Calixa Therapeutics Mailing Address 12481 High Bluff Drive San Diego, CA 92130 Company Description Calixa Therapeutics, Inc. is a privately-held biopharmaceutical company focused on the development of a novel cephalosporin to address the expanding problem of multi-drug resistant organisms. Treatment of infections caused by resistant gram-negative bacteria, … Continue reading “Cubist Pharmaceuticals Acquires Calixa Therapeutics for $92,500,000”
Getfugu Secures $800,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=26b71d3a-3348-4d02-b47a-5940d3f32ea9&Preview=1 Date 12/14/2009 Company Name Getfugu Mailing Address 8560 W Sunset West Hollywood, CA 90069 Company Description Getfugu, Inc., based in Los Angeles, California, is the next generation mobile search tool and e-commerce application. Getfugu’s “See It,” “Say It” and “Get It” mobile application leverages the mobile phone’s core strengths delivering a … Continue reading “Getfugu Secures $800,000 New Financing Round”
Danotek Motion Technologies Obtains $13,200,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=900b40b9-46a0-4850-8cd9-19abcab5c781&Preview=1 Date 12/14/2009 Company Name Danotek Motion Technologies Mailing Address 8680 N. Haggerty Road Canton, MI 48187 Company Description Welcome to Danotek Motion Technologies, LLC—an industry leading engineering and manufacturing company that specializes in advanced electro-mechanical drives, motors, and digital sensor/sensorless control systems. At Danotek, we are committed to developing fully optimized … Continue reading “Danotek Motion Technologies Obtains $13,200,000 New Funding Round”
ZumoDrive Receives $1,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1253d094-2a70-484d-89a6-3bc5793fff35&Preview=1 Date 12/14/2009 Company Name ZumoDrive Mailing Address Undisclosed Burlingame, CA 94010 Company Description Zecter is a Silicon Valley startup creating technology that transforms the way people access and store content. Website http://www.zumodrive.com Transaction Type Venture Equity Transaction Amount $1,500,000 Transaction Round Undisclosed Proceeds Purposes ZumoDrive, which recently launched a new version, … Continue reading “ZumoDrive Receives $1,500,000 New Financing Round”
Clarizen Secures $8,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2011a46d-6dae-41ab-92c8-a4e6eb899041&Preview=1 Date 12/14/2009 Company Name Clarizen Mailing Address 2755 Campus Drive San Mateo, CA 94403 Company Description Clarizen enables on-demand, enterprise-grade project management for everyone. Active participation and secure cooperation lead to true team collaboration, while up-to-the-minute live knowledge helps align project data with business objectives. These unique benefits are derived through … Continue reading “Clarizen Secures $8,000,000 Series C Financing Round”
Netformx Secures $12,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bfce5fe3-629e-4cff-98e1-c2aff17ba9a8&Preview=1 Date 12/14/2009 Company Name Netformx Mailing Address 275 Saratoga Ave Santa Clara, CA 95050 Company Description Netformx automates the end-to-end process of designing networks and enables collaborative workflows within and across organizations. Service providers, systems integrators and manufacturers use Netformx Solutions worldwide to transform enterprise customer requirements into deployable network solutions. … Continue reading “Netformx Secures $12,000,000 New Funding Round”
Monotype Imaging Holdings Acquires PlanetWeb for $1,900,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=42c91874-339f-4b2a-b0a4-52775782898d&Preview=1 Date 12/14/2009 Company Name PlanetWeb Mailing Address 303 Twin Dolphin Drive Redwood Shores, CA 94065 Company Description Planetweb is the leading developer of consumer electronics software applications and services for OEMs and silicon chip manufacturers worldwide. These applications and services bring popular features and functionality to digital entertainment devices in the … Continue reading “Monotype Imaging Holdings Acquires PlanetWeb for $1,900,000”
Innovative Platforms for Biomass-to-Chemicals Conversion
A one-day symposium precedes the two-day Summit on Next Generation Bio-Based Chemicals, providing a snapshot of state-of-the-art conversion strategies, methods and challenges. Approaches spanning synthetic biology, metabolic engineering, cellular platforms, fermentation, bio-catalysis and thermochemical conversion, and post-fermentation will be covered. The symposium is intended to bring attendees up to date on the most innovative approaches … Continue reading “Innovative Platforms for Biomass-to-Chemicals Conversion”
Leadership Seminar for Scientific Professionals
A four-day program, From the Laboratory to Leadership, created by Leadership Edge in cooperation with Biocom is intended to turn science-minded managers into capable business leaders. Classes include company- and industry-relevant case studies, practical and engaging exercises, down-loadable support tools for each session, and a manual designed to personalize the training for each participant. More … Continue reading “Leadership Seminar for Scientific Professionals”
Biotech Primer for Non-Science Professionals
A one-day briefing that provides a concise overview of the key concepts of modern biology and an introduction to the technology and terminology used in the biotech and medical device industries. Classes are specifically geared toward the non-science professional who needs to better understand industry terminology, science, techniques and issues. More online information and registration … Continue reading “Biotech Primer for Non-Science Professionals”
Navigating the Reimbursement Maze
Knowing the rules for medical reimbursement can be a competitive advantage, regardless of whether your product is a drag, medical equipment, or a diagnostic test. This introductory seminar provides an overview of the major hurdles you can expect: how healthcare classification codes are assigned, who gets paid for your type of product and how much, … Continue reading “Navigating the Reimbursement Maze”
Enabling Medical Devices for Wireless Communication
This one-day symposium is aimed at medical device manufacturers that are enabling the next generation of healthcare products and services for the wireless world. The event is hosted by Texas Instruments, Arrow Electronics, CommNexus, Telit, and speakers will provide an overview on how to enable medical devices to attach to various wireless topologies. Breakfast and … Continue reading “Enabling Medical Devices for Wireless Communication”
The Cloud3 Crowd: Photos from Xconomy’s Cloud Computing Forum
NEXT IMAGE >> Akamai Guy—Tom Leighton, co-founder and chief scientist at Cambridge, MA-based Akamai, argued that the performance a company gets out of cloud services is only as good as the network connecting the company to its cloud providers’ data centers. He described Akamai’s ability to optimize network routing paths between cloud-computing users and cloud … Continue reading “The Cloud3 Crowd: Photos from Xconomy’s Cloud Computing Forum”
San Diego’s BioTheranostics Gears Up to Sell Test That Predicts Breast Cancer Relapse
One big question women often have after getting diagnosed with breast cancer is whether their first round of treatment is really going to work, or whether they need more aggressive therapy to prevent a relapse. Another big one is whether aggressive treatment is likely to work. Now a little diagnostic company from San Diego, called … Continue reading “San Diego’s BioTheranostics Gears Up to Sell Test That Predicts Breast Cancer Relapse”
Cytori Says Early Results of its Breast Reconstruction Treatment Are Promising
[Corrected 12/13/09, 9:45 am. See below] San Diego’s Cytori Therapeutics (NASDAQ: [[ticker:CYTX]]) is reporting encouraging interim results today concerning its breast reconstruction technology at the 32nd Annual San Antonio Breast Cancer Symposium. Cytori has been developing its treatment for women whose partial mastectomy or lumpectomy has left a soft-tissue crater or deformity, as well as … Continue reading “Cytori Says Early Results of its Breast Reconstruction Treatment Are Promising”
WPI Venture Forum: Squeeze More Value from Your IP
Douglas Flood, former VP of Corporate Development at Mercury Computer Systems, is the keynote at this event focusing on how to maximize the value of intellectual property. Flood should have some insights to share: at Mercury, he “led more than 13 merger and acquisition transactions and 12 other strategic alliances or licensing agreements during his … Continue reading “WPI Venture Forum: Squeeze More Value from Your IP”
TCN Breakfast Roundtable: Pitching a Business Plan
Pitching is an art—and that is just as true in entrepreneurship as in baseball or cricket. This breakfast panel event features some experts in the subject: Phil Cooper, a member of Boston Harbor Angels, consultant Diane Ripstein, and oneforty founder Laura Fitton, Boston’s doyenne of pitching. According to the event description: “Through an interactive panel … Continue reading “TCN Breakfast Roundtable: Pitching a Business Plan”
WordCamp Boston
Xconomy and about a gazillion other blogs run on WordPress, the open source blogging platform. This event brings together all those WordPress hard-core developers and just plain casual users and everyone in between. Signup here. And, hey, any WordPress guru who’s out there and wants to help Xconomy do some cool new things, just drop … Continue reading “WordCamp Boston”
Breast Cancer “Smart Bomb” Drug From Roche, ImmunoGen Passes Important Trial
The emerging “smart bomb” drug for breast cancer, developed by Roche’s U.S.-based Genentech unit with technology from Waltham, MA-based ImmunoGen (NASDAQ: [[ticker:IMGN]]), has passed an important clinical trial that could clear the way for this new kind of treatment to reach the U.S. market. About one out of every three people (32.7 percent) who enrolled … Continue reading “Breast Cancer “Smart Bomb” Drug From Roche, ImmunoGen Passes Important Trial”
Dendreon Wraps Up $409M Deal
Dendreon (NASDAQ: [[ticker:DNDN]]), the Seattle based company developing a treatment to stimulate the immune system against prostate cancer, said today it has tacked on an additional $55.7 million through its stock offering, bringing the grand total of this financing to $409 million after expenses. The company sold 15 million shares earlier in the week, and … Continue reading “Dendreon Wraps Up $409M Deal”
Tech Tuesday
It’s the one, the only, Tech Tuesday (from the Mass Technology Leadership Council)–an event that needs no introduction. But you can register here. Should be a good way to get back into the swing of the work week in the New Year.
GP for Child’s Play
What could be better than playing games for a good cause? This event is for “Boston-area gamers, game-makers and anyone who wants to donate to a good cause.” The idea: eat, drink, play video games like Super Smash Brothers and Rock Band and old-fashioned board games, buy raffle tickets, and in the process raise money … Continue reading “GP for Child’s Play”
Providence Geek Dinner
It’s billed as the “last Providence Geek Dinner of the decade (yes, _ the decade_!).” Includes a presentation by Providence-based online advertising startup DiJiPOP, but promises that won’t be the half of it. Register here.
Top 10 Fails, Five New Startups, and More Seattle Tech Tidbits
Catching up on a bunch of tech startup news from around the blogosphere this week, most of it not very serious, but notable nonetheless… —Brier Dudley at the Seattle Times took a considered look at the local video game industry and its outlook heading into 2010. Three things caught my eye: the comparison of the … Continue reading “Top 10 Fails, Five New Startups, and More Seattle Tech Tidbits”
Cleantech Recylcer EcoATM Among Winners of San Diego’s “Most Innovative Products” Awards
EcoATM is on a tear. The San Diego startup founded last year has developed automated kiosks that enable consumers to recycle their used cell phones and other devices (and get a redemption) was today named the most innovative product in the cleantech category by Connect, the non-profit organization that supports technology and entrepreneurship. Just last … Continue reading “Cleantech Recylcer EcoATM Among Winners of San Diego’s “Most Innovative Products” Awards”
Thank You to Our Cloud3 Speakers, Seeders, Sponsors, and Underwriters–And an Update on Speaker Slides
Here at Xconomy, the stories we cover give us great ideas for networking events, and at our events we meet great people who give us ideas for more articles. Our Cloud3 Forum on Thursday was a perfect example. Every company on yesterday’s agenda is working on technologies we’ve chronicled—and will keep chronicling—in these pages, including … Continue reading “Thank You to Our Cloud3 Speakers, Seeders, Sponsors, and Underwriters–And an Update on Speaker Slides”
Microsoft Acquires Opalis for IT Automation
Microsoft announced today it has acquired Opalis Software, a Toronto-based maker of data center and IT management software. Financial terms of the deal were not given, but Opalis CEO Todd DeLaughter provided some details about how Opalis’s IT process automation technology will fit with the Microsoft System Center product line, in a blog post. The … Continue reading “Microsoft Acquires Opalis for IT Automation”
San Diego’s Analytics Cluster Adds Algebraix, a Texas Transplant
As I noted in a recent post about ParAccel, there seems to be a recent proliferation of startups that are combining database management systems with sophisticated analytical capabilities. Another one has just come to my attention: Algebraix Data Corp. is a business intelligence software company that moved its headquarters to San Diego from Austin, TX, … Continue reading “San Diego’s Analytics Cluster Adds Algebraix, a Texas Transplant”
Roche Scraps Partnership With Seattle Genetics on Lymphoma Drug
If Seattle Genetics is destined to emerge a leading maker of antibody drugs that specifically target diseased cells, it will get there without the help of the world’s dominant player in the market for antibody drugs. The Bothell, WA-based biotech company (NASDAQ: [[ticker:SGEN]]) said today that Roche’s U.S.-based Genentech unit has canceled a partnership the … Continue reading “Roche Scraps Partnership With Seattle Genetics on Lymphoma Drug”
AdReady CEO and Former aQuantive Exec Karl Siebrecht on His Big New Opportunity
AdReady is one of those startups that everyone talks about but no one really understands. At least not most lay readers, whose eyes glaze over once they get past the words “online advertising.” I can’t really blame them. After all, can most people explain why Seattle online ad firm and local success story aQuantive was … Continue reading “AdReady CEO and Former aQuantive Exec Karl Siebrecht on His Big New Opportunity”
Bay State Venture Funding Perked Up in November: There Were Even Some Energy Deals
Entrepreneurs and anyone else interested in the Bay State’s high-tech economy had more than Thanksgiving to be thankful for last month. After a big dip in October, venture funding for Massachusetts startups seemed to get cooking again in November, as $186 million was infused into 22 deals. The result was a solid 10 percent rise … Continue reading “Bay State Venture Funding Perked Up in November: There Were Even Some Energy Deals”
5AM Gathers $200M Fund, Advanced Cell Technology Advances with $2.8 Million, Gloucester Picked up for $640M, & More Boston-Area Deals News
Lots of deals to report this week from New England tech and life sciences companies. —Gloucester Pharmaceuticals of Cambridge, MA, agreed to an acquisition by Summit, NJ-based Celgene (NASDAQ: [[ticker:CELG]]). Gloucester will get $340 million in cash, plus $300 million in future milestone payments out of the deal, which is expected to close by the … Continue reading “5AM Gathers $200M Fund, Advanced Cell Technology Advances with $2.8 Million, Gloucester Picked up for $640M, & More Boston-Area Deals News”
Suvolta Garners $3,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=92ecb915-0d32-4fcb-b6b5-1ba43b4ca055&Preview=1 Date 12/11/2009 Company Name Suvolta Mailing Address 130 D Knowles Drice Los Gatos, CA 95032 Company Description The Suvolta is a stealth-mode firm in the semiconductor space. Website Undisclosed Transaction Type Venture Equity Transaction Amount $3,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Kleiner … Continue reading “Suvolta Garners $3,000,000 New Financing Round”
Genius.com Secures $6,500,000 Series D Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6f6d56f8-42e6-4362-a3f2-4008fbbf8e5b&Preview=1 Date 12/11/2009 Company Name Genius.com Mailing Address 1400 Fashion Island Boulevard San Mateo, CA 94404 Company Description Genius.com provides innovative on-demand customer intelligence solutions that deliver individual web visit data directly to sales and marketing professionals. Website http://www.genius.com Transaction Type Venture Equity Transaction Amount $6,500,000 Transaction Round Series D Proceeds Purposes … Continue reading “Genius.com Secures $6,500,000 Series D Funding Round”
Cloud Engines Obtains $3,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f557c6b6-728d-4039-8b7c-9588af81ed5e&Preview=1 Date 12/11/2009 Company Name Cloud Engines Mailing Address 480 Pacific Avenue San Francisco, CA 94133 Company Description Founded in 2007 by experienced entrepreneurs from the digital media and security industries, Cloud Engines is located in San Francisco, California. The company was formed with a mission to change the way personal content … Continue reading “Cloud Engines Obtains $3,000,000 New Funding Round”
Monterey Devices Receives $2,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=45ecb4cb-ac4e-47b3-93da-c0e43d01cdc5&Preview=1 Date 12/11/2009 Company Name Monterey Devices Mailing Address 200 S Santa Cruz Ave Los Gatos, CA 95030 Company Description Monterey Devices a stealth mode developer of a drug delivery system. Website http://www.montereydevices.com Transaction Type Venture Equity Transaction Amount $2,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms … Continue reading “Monterey Devices Receives $2,500,000 New Financing Round”
CloudShare Receives $10,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d2681aed-6db9-450f-9c59-ca2714bfd78f&Preview=1 Date 12/11/2009 Company Name CloudShare Mailing Address 3000 Sand Hill Road Bldg 4 Menlo Park, CA 94025 Company Description CloudShare (formerly IT Structures) replicates fully-functional IT environments in the cloud in seconds, enabling you to give everyone their own copy of the same base system – their own personal datacenter replica … Continue reading “CloudShare Receives $10,000,000 Series B Financing Round”
Boston Scientific Adds $2B in Debt
Boston Scientific, the giant medical device company, said today it has raised $2 billion in a debt financing. The Natick, MA-based company (NYSE: [[ticker:BSX]]) secured interest rates ranging between 4.5 percent and 7.38 percent on notes that have to be paid back between 2015 and 2040.