Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f3f48a0d-42ba-497d-b972-e1c94903f7bb&Preview=1 Date 6/30/2009 Company Name UPEK Mailing Address 5900 Christie Ave. Emeryville, CA 94608 Company Description UPEK, Inc. is a privately-held biometric fingerprint solutions company launched as a venture-backed spin-off from STMicroelectronics in 2004. Website http://www.upek.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not … Continue reading “UPEK Garners New Funding Round”
RingCube Technologies Obtains $5,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=43b5b095-dcc0-4639-a5ad-e4469f9f01ce&Preview=1 Date 6/30/2009 Company Name RingCube Technologies Mailing Address 100 W Evelyn Ave Mountain View, CA 94041 Company Description RingCube is the creator of truly portable personal computing. The company’s software platform, MojoPac, enables users to take their complete personal computing experience with them wherever they go, on any USB device they … Continue reading “RingCube Technologies Obtains $5,000,000 New Financing”
High Gear Media Garners $5,500,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a4946214-e40b-479e-bc61-e7863dbd7a49&Preview=1 Date 6/30/2009 Company Name High Gear Media Mailing Address 385 Forest Ave Palo Alto, CA 94301 Company Description The Car Advisory Network is developing a “next generation media platform” for the auto industry.High Gear Media is the Web’s automotive authority. We bring together a powerful technology platform, deep editorial expertise, and … Continue reading “High Gear Media Garners $5,500,000 Series B Financing Round”
LS9 Lands $3,670,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1b63565d-9064-4fa7-a9a8-ef08547d528a&Preview=1 Date 6/30/2009 Company Name LS9 Mailing Address 600 Gateway Blvd South San Francisco, CA 94080 Company Description The company develops solutions for industrial biotechnology and energy applications. Website http://www.ls9.com Transaction Type Venture Equity Transaction Amount $3,670,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Flagship … Continue reading “LS9 Lands $3,670,000 New Financing Round”
FireEye Garners $4,883,200 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1997d741-f876-4718-9ce4-f039284472d7&Preview=1 Date 6/30/2009 Company Name FireEye Mailing Address 1390 McCarthy Blvd Milpitas, CA 95035 Company Description FireEye, Inc is a network security company that brings advanced network security together with state-of-the-art virtualization technology, to provide infection-based network access control (NAC). Website http://www.fireeye.com Transaction Type Venture Equity Transaction Amount $4,883,200 Transaction Round Undisclosed … Continue reading “FireEye Garners $4,883,200 New Financing”
NanoVasc Secures New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd0b91bd-27f8-457d-89bb-f29f2e785900&Preview=1 Date 6/30/2009 Company Name NanoVasc Mailing Address 1175 Shady Pond Lane Pleasanton, CA 94566 Company Description The company develops vascular related medical devices. Website http://www.nanovasc.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Medventure Associates
Palo Alto Networks Garners $36,623,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4f186d03-e5df-4f25-b5a7-f589130a611c&Preview=1 Date 6/30/2009 Company Name Palo Alto Networks Mailing Address 232 East Java Drive Sunnyvale, CA 94089-1318 Company Description Palo Alto Networks enables visibility into—and policy-based control over—applications running on enterprise networks. Website http://www.paloaltonetworks.com Transaction Type Venture Equity Transaction Amount $36,623,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “Palo Alto Networks Garners $36,623,000 New Round”
POTI Garners $688,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9e6f41f7-ebb3-4370-bf9d-f61184b8aba3&Preview=1 Date 6/30/2009 Company Name POTI Mailing Address 777 Florida Street San Francisco, CA 94101-2025 Company Description The company develops and sells media software. Website http://potiinc.com Transaction Type Venture Equity Transaction Amount $688,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Atlas Venture
Reel Solar Garners $1,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=81d7ccf0-0701-4d47-9928-f8254fa6cd05&Preview=1 Date 6/30/2009 Company Name Reel Solar Mailing Address Undisclosed San Francisco, CA 94111 Company Description The company operates as a solar energy company. Website Undisclosed Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor CMEA Ventures
LiveOps Lands New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a8c3438c-6766-4eb4-9479-fc021d12efe6&Preview=1 Date 6/30/2009 Company Name LiveOps Mailing Address 5425 Stevens Creek Blvd. Santa Clara, CA 95051 Company Description LiveOps is the nation’s largest domestic outsourced call center making exclusive use of home-based operators (agents). Our LiveOps agents run their own, individual home-based businesses using a PC, Internet connection and phone to take … Continue reading “LiveOps Lands New Funding Round”
Box.net Lands $5,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a26f81d0-c826-4c21-8535-fe4e7a358435&Preview=1 Date 6/30/2009 Company Name Box.net Mailing Address 409 Sherman Ave. Palo Alto, CA 94306 Company Description Launched officially in March of 2006, Box.net currently provides secure online file storage and sharing functionality to over 500,000 registered users, serving files to millions of people across the world. Box.net’s unique platform allows personal … Continue reading “Box.net Lands $5,000,000 New Funding Round”
Famed Physicist Freeman Dyson on Nukes and Genomes
British theoretical physicist and mathematician Freeman Dyson, renowned for his work in quantum field theory, solid-state physics, and nuclear engineering, will speak on “Nukes and Genomes” as part of U.C. San Diego’s Helen Edison Lecture Series. Previous speakers include former Vice President Al Gore, Nobel Peace Prize winner Muhammad Yunus, and author Toni Morrison, a Nobel … Continue reading “Famed Physicist Freeman Dyson on Nukes and Genomes”
Clean Tech Open Picks 12 Semifinalists
The Pacific Northwest chapter of the Clean Tech Open, a nonprofit organization, announced 12 semifinalists in its business plan competition at an event at Puget Sound Energy in Bellevue, WA, last week. The companies will compete for regional prizes of up to $50,000, and a national prize of up to $250,000. The semifinalists are Clarian … Continue reading “Clean Tech Open Picks 12 Semifinalists”
Amazon Pulls the Plug on Rhode Island Affiliates
Seattle’s mighty Amazon isn’t feeling too friendly toward the Ocean State. This morning, the online retail giant sent out a terse notice to its Rhode Island affiliates, informing them that their accounts were closed effective June 29th, due to impending changes to the state’s tax laws that apply to certain online purchases. This echoes a … Continue reading “Amazon Pulls the Plug on Rhode Island Affiliates”
Yahoo to Wind Down Maven Video Publishing Service
[Update 12:30 a.m. 6/30/09: We’ve revised this story after speaking with a Yahoo official.] A report Monday in TechCrunch asserting that Yahoo is killing off its Cambridge, MA-based video hosting company Maven Networks just 16 months after acquiring it for $160 million is inaccurate in some respects, but accurate in others, according to the company. … Continue reading “Yahoo to Wind Down Maven Video Publishing Service”
Concerro Expands Into Hospital Incident Management
San Diego-based Concerro, the developer of Web-based software that enables nurses in 200 U.S. hospitals to bid for shifts, says it has acquired all the assets and intellectual property related to CommandAware, a hospital-incident management system, from Los Angeles-based PortBlue. The deal means a new line of business for Concerro, which has 50 employees and … Continue reading “Concerro Expands Into Hospital Incident Management”
The Art of the Turnaround
A seminar on how to refocus companies that are going in the wrong direction. How to refocus on strategy, planning, and execution. This event uses some case histories and key points from the book, “The Art of the Turnaround.” Register online here.
With Cash from Siemens and ArcelorMittal, Powerit Looks to Expand, Tap the Smart Grid
In the world of cleantech, there’s a lot of focus on alternative energy sources and power generation. But for Seattle’s Powerit Solutions, the name of the game is energy efficiency. Powerit is the North American division of the company, which also has a European division in Sweden (where the company started). It is a leader … Continue reading “With Cash from Siemens and ArcelorMittal, Powerit Looks to Expand, Tap the Smart Grid”
Developing Apps for the iPhone OS 3.0
Norman McEntire of Servin has updated his April 2 presentation for the iPhone OS 3.0 system that Apple introduced last month. The San Diego Software Industry Council has organized this event with a focus on what software developers need to know. The council says this is the fastest way to learn about the new iPhone’s … Continue reading “Developing Apps for the iPhone OS 3.0”
$3M for IntelligentMDx
IntelligentMDx, a Cambridge, MA, startup developing DNA- and RNA-based tests for a range of human diseases, announced last week that it has raised an additional $3 million from a group of unnamed, non-venture investors. The new funding brings the startup’s total capital pot to $26.5 million.
Biogen Reports 10th PML Case in Tysabri Patient
Biogen Idec (NASDAQ:[[ticker:BIIB]]) reported a tenth case of a serious brain infection in a patient taking Tysabri, the Cambridge, MA-based company’s drug for multiple sclerosis and Crohn’s disease. The news was disclosed late last Friday on the company’s website (pdf here). Luke wrote back in December about the history of Tysabri, which was pulled from … Continue reading “Biogen Reports 10th PML Case in Tysabri Patient”
Highland Puts Off Fund Close
According to report today by PE Hub’s Dan Primack, Highland Capital Partners of Lexington, MA, has postponed the close of its eighth venture fund until mid-July to allow more time for limited partners to pony up. Primack’s analysis, based on conversations with unnamed limited partners, is that lackluster venture returns (8 percent on Highland’s sixth … Continue reading “Highland Puts Off Fund Close”
Washington Technology Industry Association Golf Open
The Washington Technology Industry Association is hosting its 14th annual golf open. According to the event website, “This scramble style golf tournament is a fun opportunity to “get away” and make your way around the world in 18 holes while networking and promoting your business. This is an exclusive tournament that brings together executives from … Continue reading “Washington Technology Industry Association Golf Open”
ParAccel Lands $22 Million in VC Funding
ParAccel, which has offices in Cupertino, CA, and San Diego, says it has raised $22 million in a Series C round of venture funding. The company provides database management system for data warehousing and analysis. A new investor, Menlo Ventures, led the round, which included Walden International as well as previous investors Bay Partners, Mohr Davidow Ventures … Continue reading “ParAccel Lands $22 Million in VC Funding”
The Tale of the Green Surfboard: Behind the Scenes at Connect’s Cleantech Venture Roundtable
In December 2005, the biggest maker of polyurethane foam blanks used to make the core of surfboards (and other products) abruptly shut down—creating a huge void among Southern California surfboard makers and the composites industry. I have worked in the composites industry for nearly 30 years and I was keenly aware of the highly toxic … Continue reading “The Tale of the Green Surfboard: Behind the Scenes at Connect’s Cleantech Venture Roundtable”
Xconomy, San Diego Union-Tribune Enter Into Syndication Partnership
In less than nine months, Xconomy San Diego has emerged as the most-authoritative source for news and information about technology innovation in our sun-splashed region—and beyond. As the third and newest hub in the Xconomy network, we set out from the beginning to describe how and why San Diego is renowned for pioneering advances in … Continue reading “Xconomy, San Diego Union-Tribune Enter Into Syndication Partnership”
Oneforty Gets Funded
Oneforty, a company creating an online clearinghouse of applications related to Twitter, is the first participant in the TechStars Boston summer startup incubator program to receive funding, according to a report last Friday from Boston Globe reporter Scott Kirsner. The San Francisco company, led by CEO Laura Fitton, has reportedly raised under $250,000 in funding … Continue reading “Oneforty Gets Funded”
Aveo Pieces Together a Plan to Rival Big Boys of Cancer Drug World
Great biotechnology stories have three essential ingredients—science, medicine, and business. Aveo Pharmaceuticals CEO Tuan Ha-Ngoc told me last week that he thinks about these same elements in his quest to build a sustainable company. Few companies ever put together all the pieces, though, and it’s too early to say if Cambridge, MA-based Aveo is one … Continue reading “Aveo Pieces Together a Plan to Rival Big Boys of Cancer Drug World”
ZDNet Founder Starts Video Marketing Firm
Michael Kolowich—the founder of ZDNet, former president of AT&T New Media, and former chief marketing officer at Lotus—is among the founders of Channel One Marketing, a social media marketing firm that launched today in Concord, MA. Channel One, which is allied with video production studio DigiNovations, also based in Concord, says it specializes in promoting … Continue reading “ZDNet Founder Starts Video Marketing Firm”
J. Craig Venter Gets Some Federal Stimulus Funding, Out-of-Town VCs Get Better Results, Third Automaker Parks Downtown & Other San Diego BizTech News
The recession may be resetting our expectations, but technology innovation could be re-arranging our thinking about the importance of hometown VCs. And the arrival of a new venture-backed automaker in our region also raises an interesting question: Could San Diego become America’s new “Motor City?” Forthwith, the highlights from last week’s news: —The V-Vehicle Company, … Continue reading “J. Craig Venter Gets Some Federal Stimulus Funding, Out-of-Town VCs Get Better Results, Third Automaker Parks Downtown & Other San Diego BizTech News”
PhysioSonics, Looking at Blood in the Brain, Aims to Monitor Effects of Drugs
Walk into a hospital with the telltale symptoms of a stroke, and chances are you’ll get something called a transcranial Doppler ultrasound test. This tool uses ultrasound waves to look inside the brain, noninvasively, to see how fast blood is flowing. What’s important about that? It’s a useful technique to see whether a clot or … Continue reading “PhysioSonics, Looking at Blood in the Brain, Aims to Monitor Effects of Drugs”
Balancing Computer Security and Innovation—A Talk with RSA’s Art Coviello
It’s no surprise that the president of RSA, the security division of Hopkinton, MA-based information management giant EMC (NYSE: [[ticker:EMC]]), has strong views about the need for better security practices within corporations and government agencies. But Art Coviello, who joined RSA in 1995 and helped engineer its 2006 acquisition by EMC, says the problem isn’t … Continue reading “Balancing Computer Security and Innovation—A Talk with RSA’s Art Coviello”
The Greater Vancouver Gaming Cluster
When people think of game companies in the Pacific Northwest, Seattle-area giants like Microsoft, Nintendo America, and RealNetworks tend to dominate—not to mention successful startups like Big Fish Games, PopCap, and WildTangent. But just 120 miles to the north lies another haven for makers of video games. Vancouver, BC, is noted for being like a … Continue reading “The Greater Vancouver Gaming Cluster”
EMC Extends Data Domain Offer, ClickFuel Tanks Up with $2.5M, Auriga Measures $2.75M, & (a Little) More Boston-Area Deals News
Just a few deals to report from last week—perhaps New England’s tech and life sciences firms were all too busy attending XSITE? —Auriga Measurement Systems, a wireless instrumentation and design company in Lowell, MA, raised $2.75 million in additional seed funding from undisclosed investors. Ohio-based White Oak Partners put $1.5 million into Auriga in 2007. … Continue reading “EMC Extends Data Domain Offer, ClickFuel Tanks Up with $2.5M, Auriga Measures $2.75M, & (a Little) More Boston-Area Deals News”
Academia Beckons: Launching the BU Kindle Mentoring Program
I joined Boston University (BU) as a Lecturer and Executive-in-Residence in January 2008 and have been teaching courses on entrepreneurship to MBA students. My academic career has expanded recently with two projects. First, I am collaborating with a friend and colleague Vivek Wadhwa at Duke University (I’m now an Adjunct Research Scientist at Duke’s Pratt … Continue reading “Academia Beckons: Launching the BU Kindle Mentoring Program”
IntelligentMDx Obtains $3,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a0f0f79e-93ab-48d8-84c7-66aa7994c283&Preview=1 Date 6/29/2009 Company Name IntelligentMDx Mailing Address 19 Blackstone Street Cambridge, MA 02139 Company Description IntelligentMDx’s competitive advantage is in the production of superior performing tests with significantly faster time to market. Embedded in our approach is a bioinformatics process that uses mathematical algorithms to predict test failure and simulate real … Continue reading “IntelligentMDx Obtains $3,000,000 New Round”
CloudSwitch, Inc. Receives $8,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3e0d658b-a1af-4a06-bd5e-9b037ba02258&Preview=1 Date 6/29/2009 Company Name CloudSwitch, Inc. Mailing Address 200 Wheeler Road Burlington, MA 01803 Company Description We’re a fast-growing venture backed by Matrix Partners, Atlas Venture and Commonwealth Capital Ventures, currently in stealth-mode. We’re building an innovative software appliance that delivers the power of cloud computing seamlessly and securely so enterprises … Continue reading “CloudSwitch, Inc. Receives $8,000,000 Series B Financing Round”
ParAccel Lands $22,000,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f9e4302f-5390-4ba7-9da1-bbfdf71e3928&Preview=1 Date 6/29/2009 Company Name ParAccel Mailing Address 9920 Pacific Heights Blvd San Diego, CA 92121 Company Description The company develops data warehousing software for use by enterprises and other data-intensive organizations. Website http://www.paraccel.com Transaction Type Venture Equity Transaction Amount $22,000,000 Transaction Round Series C Proceeds Purposes ParAccel will use the funds … Continue reading “ParAccel Lands $22,000,000 Series C Round”
Raindance Technologies Inc. Lands $6,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fee480ee-5f34-4cc4-81f2-e3cdcc1f0f18&Preview=1 Date 6/29/2009 Company Name Raindance Technologies Inc. Mailing Address 44 Hartwell Avenue Lexington, MA 02421 Company Description RainDance Technologies, Inc. (RDT) is a nanotechnology company devoted to developing, and commercializing the Personal Laboratory System™, a platform for droplet-based (“digital”) microfluidics. Website http://www.raindancetechnologies.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round … Continue reading “Raindance Technologies Inc. Lands $6,000,000 Series B Financing Round”
VytronUS Secures $11,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ec4e546c-47a2-4f03-b26c-701e4747ec1d&Preview=1 Date 6/28/2009 Company Name VytronUS Mailing Address 658 N. Pastoria Ave. Sunnyvale, CA 94085 Company Description The company operates as a medical device developer. Website http://www.vytronus.com Transaction Type Venture Equity Transaction Amount $11,000,000 Transaction Round Series B Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Delphi Ventures Venture … Continue reading “VytronUS Secures $11,000,000 Series B Financing”
Xconomy Marks Two Years as The Source for Innovation News
For the last few months, we here at Xconomy have been extremely busy planning XSITE, the Xconomy Summit on Innovation, Technology, and Entrepreneurship, which packed the auditorium at the Boston University School of Management on Wednesday. At some point in the hullabaloo, we remembered we had another important event fast approaching—tomorrow, in fact—the second anniversary … Continue reading “Xconomy Marks Two Years as The Source for Innovation News”
A Huge Thank You to XSITE 2009 Sponsors, Speakers, Partners, and Attendees–and a Special Shout-Out to One Particular Friend of Xconomy
We are taking a deep breath here at Xconomy. On Wednesday we held our biggest, most ambitious event ever: the Xconomy Summit on Innovation, Technology, and Entrepreneurship, aka XSITE 2009, at Boston University. All told, some 400 people attended the all-day event at BU’s School of Management, which featured what we think is the year’s … Continue reading “A Huge Thank You to XSITE 2009 Sponsors, Speakers, Partners, and Attendees–and a Special Shout-Out to One Particular Friend of Xconomy”
Documents Shed Light on Cam Garner’s Stealth Venture
The mystery surrounding San Diego’s Evoke Pharma is beginning to clear. The specialty drug company co-founded by serial entrepreneur Cam Garner has been operating in stealth mode and has said little about the experimental drug it is developing for gastroparesis, a digestive disorder that affects diabetics. But a recent quarterly filing from a third party, … Continue reading “Documents Shed Light on Cam Garner’s Stealth Venture”
Receptos Pharmaceuticals Inc Acquires Apoptos Inc for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5b532f4b-a08b-4978-a83f-cbad6b4d3f21&Preview=1 Date 6/26/2009 Company Name Apoptos Inc Mailing Address 10835 Road to the Cure San Diego, CA 92121 Company Description Apoptos Inc. is focused on developing novel small molecule drug therapies that directly induce tumor cell apoptosis. Using founding technology licensed from Burnham Institute for Medical Research, Fred Hutchinson Cancer Research Center, … Continue reading “Receptos Pharmaceuticals Inc Acquires Apoptos Inc for Undisclosed Sum”
Ankeena Networks Obtains $6,500,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7e2934e8-6188-49fd-8d21-03666502aa68&Preview=1 Date 6/26/2009 Company Name Ankeena Networks Mailing Address 4500 Great America Parkway Santa Clara, CA 95054 Company Description Ankeena Networks Inc., a startup that is developing technology to better distribute and store online video, is the latest company to benefit from the incubation. Website http://www.ankeena.com Transaction Type Venture Equity Transaction Amount … Continue reading “Ankeena Networks Obtains $6,500,000 Series B Funding Round”
Hang Out with Xconomy at DEMO’s Boston Scouting Party
The organizers of DEMO, the semiannual conference where tech startups do six-minute onstage demonstrations of their newest products, are coming to Boston next week to scout for stealth-mode innovators interested in launching their companies at DEMOfall 09, planned for September 21-23 in San Diego. This Monday, come help Xconomy’s Bob Buderi and me welcome DEMO … Continue reading “Hang Out with Xconomy at DEMO’s Boston Scouting Party”
Xconomy HQ is Bursting at the Seams; Xconomy’s Pages Won’t Be Quite as Full as Usual
I’m extremely pleased to report that Xconomy’s headquarters in Cambridge are jam packed this week, since everybody flew in from our Seattle and San Diego offices for the inaugural XSITE—Xconomy Summit on Innovation, Technology, and Entrepreneurship—yesterday at Boston University. It’s a rare treat to have everybody together and, fortuitously, we’re also coming up on the … Continue reading “Xconomy HQ is Bursting at the Seams; Xconomy’s Pages Won’t Be Quite as Full as Usual”
Xconomy Summit Hits Boston: Lessons on Innovation, Plans for Recovery from Dean Kamen, Juan Enriquez, and a Host of Other Leaders
Boston-area entrepreneurs unveiled their inventions for optimizing decision-making, delivering drugs to the bladder, and providing a “check-engine light” for the human body. Investors shrugged off the bitter economy and talked about their future plans to create new tech companies. Inventor and educator Dean Kamen delivered an inspirational speech on ways to train the coming generation … Continue reading “Xconomy Summit Hits Boston: Lessons on Innovation, Plans for Recovery from Dean Kamen, Juan Enriquez, and a Host of Other Leaders”
PhysioSonics Nabs $2M
PhysioSonics, the Bellevue, WA-based developer of ultrasound technology for monitoring blood flow in the brain for patients with stroke or traumatic brain injury, has raised $2 million in equity out of a $4 million offering, according to a regulatory filing. The company, a University of Washington spinout, is led by CEO Brad Harlow. It raised … Continue reading “PhysioSonics Nabs $2M”
$2M More for Yapta from Voyager, Others
Seattle-based Yapta, an online travel site that tracks airfare and hotel prices, announced it has closed a $2 million Series B funding round led by Voyager Capital. The round also included Northwest investors Swiftsure Capital and W Media Ventures, and San Francisco-area firms Bay Partners and First Round Capital. Yapta was founded in 2006 and … Continue reading “$2M More for Yapta from Voyager, Others”