Washington State’s Employment Security Department has confirmed that 872 Microsoft employees are losing their jobs in Seattle, Redmond, Issaquah, and Bellevue. The layoffs are effective March 23. Last Thursday, Microsoft announced it was slashing 1,400 jobs immediately, with up to 5,000 to be cut in the next 18 months.
Apptio, LiquidPlanner, Ontela, Pet Holdings, Picnik, Wetpaint Among Finalists for WTIA Industry Achievement Awards
The first round of voting is done. This morning, the Washington Technology Industry Association (WTIA) announced the finalists for its 14th annual Industry Achievement Awards. Among the finalists are several Seattle-area companies we’ve reported on extensively at Xconomy, and a few others you’ll be hearing more about soon. Here are this year’s finalists, sorted by … Continue reading “Apptio, LiquidPlanner, Ontela, Pet Holdings, Picnik, Wetpaint Among Finalists for WTIA Industry Achievement Awards”
Altus Cuts 75 Percent of Staff
Altus Pharmaceuticals, a Waltham, MA-based biotech company, said today in a regulatory filing it is eliminating 107 jobs, or 75 percent of its workforce, and halting development of an experimental cystic fibrosis drug to conserve cash. Altus, which will now have 35 employees, is handing back the rights to Trizytek to the Cystic Fibrosis Foundation. … Continue reading “Altus Cuts 75 Percent of Staff”
Xkoto Raises $3 Million More
Waltham, MA-based Xkoto, a database virtualization company that relocated from Ontario, Canada, to Massachusetts in 2007, announced today that it has raised $3 million from existing investors GrandBanks Capital and GrowthWorks Canadian Fund. The infusion brings the four-year-old company’s total venture pot to $13 million. Xkoto was named InformationWeek’s “Startup of the Year” in 2008 … Continue reading “Xkoto Raises $3 Million More”
Forma Forms Antibiotic-Discovery Partnership with Cubist
Forma Therapeutics came out of stealth mode early this month to reveal its plans to discover drugs for difficult-to-treat cancers—and today the Cambridge, MA-based biotech startup is announcing a deal with antibiotics maker Cubist Pharmaceuticals aimed at applying the startup’s nascent technology to discover antibacterial compounds, according to a press release. Lexington, MA-based Cubist (NASDAQ:[[ticker:CBST]]) … Continue reading “Forma Forms Antibiotic-Discovery Partnership with Cubist”
Seattle Genetics Gets Orphan Drug Status
Seattle Genetics said its SGN-35 drug candidate for Hodgkin’s disease and anaplastic large cell lymphoma has received orphan drug designation from regulators in Europe. The company (NASDAQ: [[ticker:SGEN]]) has also added the designation for anaplastic large cell lymphoma in the U.S., after previously securing that status for Hodgkin’s in the U.S. The designation is designed … Continue reading “Seattle Genetics Gets Orphan Drug Status”
Qualcomm Buys Multimedia Technology, SD Consortium Advances Biofuels Initiative, Biotech VCs Adapt, & More San Diego BizTech News
Before the economic downturn deepened last September, many venture capital firms maintained that their operations were unaffected by the overall economy. They’re not saying that anymore. VCs are reacting to hard times in different ways—and so are the startups and technology companies that make up the innovation economy. Some examples of how they are … Continue reading “Qualcomm Buys Multimedia Technology, SD Consortium Advances Biofuels Initiative, Biotech VCs Adapt, & More San Diego BizTech News”
Lumigent Raises $6 Million
Acton, MA-based Lumigent, a nine-year-old company long handicapped by a dwindling market for its database auditing software, said today that it has secured $6 million in new funding from Waltham, MA-based North Bridge Venture Partners to help with its new mission of helping companies lower the cost of complying with financial regulations such as Sarbanes-Oxley. … Continue reading “Lumigent Raises $6 Million”
Centive Acquired by Xactly
Lowell, MA-based Centive, whose software helps managers track and calculate commission-based compensation for sales representatives, has been purchased by San Jose, CA-based Xactly for an undisclosed sum, the companies said last week. Centive, founded in 1997, had raised more than $92 million in venture funding from the likes of Key Venture Partners, Polaris Venture Partners, … Continue reading “Centive Acquired by Xactly”
GlassHouse Adds Security Consulting with Acquisition of Former Motorola Team
GlassHouse Technologies, the Framingham, MA, firm whose IT consulting services are used by almost half of the Fortune 100 companies, said today that it has acquired Chicago-based CSSG, a fledgling security consulting firm whose key members are recent emigrants from Schaumberg, IL-based Motorola. Terms of the acquisition were not disclosed. GlassHouse is mainly known for … Continue reading “GlassHouse Adds Security Consulting with Acquisition of Former Motorola Team”
Virtual Computer Secures $15 Million, Makes Real Friends with Citrix
Virtual Computer, a Westford, MA, PC virtualization startup that has been gradually decloaking since last fall, today announced that it’s raised a Series B funding round totaling $15 million. The surprisingly large round was led by Highland Capital Partners of Lexington, MA, and Flybridge Capital Partners of Boston, the same investors who put up the … Continue reading “Virtual Computer Secures $15 Million, Makes Real Friends with Citrix”
Rib-X Raises $25M in Debt Financing, Reveals Final Results of Antibiotic Trial
Rib-X Pharmaceuticals has raked in $25 million in a debt financing to develop its pipeline of antibiotics for drug-resistant infections. The New Haven, CT-based biotech firm is expected this morning to reveal details of the financing and final results of a mid-stage clinical trial of its antibiotic delafloxacin. Last time I spoke with Rib-X CEO … Continue reading “Rib-X Raises $25M in Debt Financing, Reveals Final Results of Antibiotic Trial”
Qualcomm Leads San Diego Patent Filings in Our Top 25 List
Which San Diego firms are the most inventive? When the 2008 year-end patent figures recently became available, we decided to find out. Xconomy is listing the top 25 patent winners in the San Diego region below, based on data provided by IFI Patent Intelligence of Wilmington, DE. Our compilation includes a few surprises. San Diego-based Qualcomm … Continue reading “Qualcomm Leads San Diego Patent Filings in Our Top 25 List”
Cardiac Dimensions, Fixer of Leaky Hearts, Edges Toward European Market and Pivotal U.S. Test
Cardiac Dimensions has a dream of developing the first method for tightening up loose heart valves without requiring a surgeon to touch a scalpel. This year, the Kirkland, WA-based medical device company will get a clearer sense of whether it has successfully created such a device, and whether it will become a practical way to … Continue reading “Cardiac Dimensions, Fixer of Leaky Hearts, Edges Toward European Market and Pivotal U.S. Test”
Lumigent Technologies Inc. Receives $6,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=02dab6b8-20e0-4ddf-a294-08506ad9fc2d&Preview=1 Date 1/26/2009 Company Name Lumigent Technologies Inc. Mailing Address 289 Great Road Acton, MA 01720 Company Description Lumigent Technologies, Inc. provides software solutions to safeguard the integrity and availability of enterprise data. The company is privately held and is based in Acton, Massachusetts. Website http://www.lumigent.com Transaction Type Venture Equity Transaction Amount … Continue reading “Lumigent Technologies Inc. Receives $6,000,000 New Round”
Rib-X Pharmaceuticals Inc. Garners $25,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=67a665de-f29d-4130-8d63-cc7dc216d0e7&Preview=1 Date 1/26/2009 Company Name Rib-X Pharmaceuticals Inc. Mailing Address 300 George Street New Haven, CT 06511-6663 Company Description Rib-X Pharmaceuticals is a product-driven small molecule drug discovery and development company focused on the structure-based design of new classes of antibiotics. The company’s underlying drug discovery engine capitalizes on its proprietary high-resolution … Continue reading “Rib-X Pharmaceuticals Inc. Garners $25,000,000 New Funding”
Virtual Computer Inc Garners $15,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2e78105a-5574-4ce3-9c89-d92b78e95e5e&Preview=1 Date 1/26/2009 Company Name Virtual Computer Inc Mailing Address 3 LAN Drive Westford, MA 01886 Company Description Virtual Computer was founded in November, 2007 by virtualization and security veterans, Alex Vasilevsky and Dan McCall, who each have over 25 years of industry experience. Together, they have recruited one of the most … Continue reading “Virtual Computer Inc Garners $15,000,000 Series B Financing Round”
BeneChill, Inc. Secures $3,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c1ff9f68-2a25-4a30-9b00-960811382790&Preview=1 Date 1/26/2009 Company Name BeneChill, Inc. Mailing Address 10060 Carroll Canyon Rd San Diego, CA 92131 Company Description Benechill Corp. has been working towards reducing tissue damage in patients with cerebral ischemia by rapidly and non-invasively cooling targeted areas of the body. Website http://www.benechill.com Transaction Type Venture Equity Transaction Amount $3,000,000 … Continue reading “BeneChill, Inc. Secures $3,000,000 New Round”
Lucid Imagination Inc Obtains $6,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=513e861b-22e6-4027-8590-a346c5c50a46&Preview=1 Date 1/26/2009 Company Name Lucid Imagination Inc Mailing Address 32 Duncklee Inc Newton Highlands, MA 02461 Company Description Lucid ImaginationTM delivers support and services for the open source Apache Lucene search library and Apache Solr search server. We provide support contracts, training, consulting and value-add software. Website http://www.lucidimagination.com Transaction Type Venture … Continue reading “Lucid Imagination Inc Obtains $6,000,000 Series A Funding”
Talend Receives $12,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f2e93c4e-aac9-4475-bef6-4dfd2b8f7259&Preview=1 Date 1/26/2009 Company Name Talend Mailing Address 105 Fremont Ave Los Altos, CA 94022 Company Description After three years of intense research and development investment, and with solid financial backing from leading investment firms, Talend revolutionized the world of data integration when it released the first version of Talend Open Studio … Continue reading “Talend Receives $12,000,000 Series C Financing”
Spectralinear Lands $10,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3cc6f593-f6b1-468c-9550-c9543cb34ccc&Preview=1 Date 1/26/2009 Company Name Spectralinear Mailing Address 2200 Laurelwood Road Santa Clara, CA 95054 Company Description SpectraLinear is a pure play integrated timing solutions company that focuses on consumer, computer, and communication markets using innovative, high performance fast time-to-market silicon platforms. Website http://www.spectra-ic.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction … Continue reading “Spectralinear Lands $10,000,000 Series C Financing Round”
Coulomb Technologies Secures $3,750,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=21f2d74d-4fce-40cd-9f50-f76fda463c9b&Preview=1 Date 1/26/2009 Company Name Coulomb Technologies Mailing Address 1692 Dell Ave Campbell, CA 95008-6901 Company Description Coulomb delivers networked charging stations and provides a service that meets the needs of drivers, municipalities, electric utilities and government entities by providing: * A secure, safe, reliable way for consumers to charge their electric … Continue reading “Coulomb Technologies Secures $3,750,000 Series A Financing Round”
Judy Estrin on “Closing the Innovation Gap”
Innovation drives economic growth, our quality of life and is the only hope of addressing the major challenges we face. But America, a cornerstone of innovation throughout the world, has become increasingly short-sighted. By taking innovation for granted we threaten not only our own strength, but the overall global economy. Judy Estrin, technology and business … Continue reading “Judy Estrin on “Closing the Innovation Gap””
Stretch Lands $15,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=af377414-293c-499e-864c-b8e399f91301&Preview=1 Date 1/25/2009 Company Name Stretch Mailing Address 1322 Orleans Drive Sunnyvale, CA 94089 Company Description Stretch Inc. is delivering a family of software configurable processors, the first to embed programmable logic within the processor. Website http://www.stretchinc.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round Series B Proceeds Purposes Proceeds purposes … Continue reading “Stretch Lands $15,000,000 Series B Financing Round”
MIT 100K Entrepreneurship Competition
The MIT 100K Entrepreneurship Competition has grown into one of the nation’s premier student-oriented business plan contests. This evening event consists of the Executive Summary Contest Finale and the Business Plan Contest Kick-off. There are a slew of 100K tracks, each with its own cash winners, who then compete for the grand prize. Tracks include: … Continue reading “MIT 100K Entrepreneurship Competition”
SAManage Scores Xenia Funding
Redmond, WA-based SAManage, a software and IT management company, announced it has raised a Series A funding round from the Israeli firm Xenia Venture Capital. Financial terms of the deal were not disclosed.
Anomopoly, Dirty Truckers Snatch Top Prizes in Band Battle; Thanks to All Our Sponsors
One of the big reasons we launched Xconomy in 2007 was to remind the incredibly talented, enthusiastic people who make up Boston’s innovation community that what they do is not just important and (hopefully) profitable, but fun. And from watching so many tech-biz folks happily getting down and chatting each other up at last night’s … Continue reading “Anomopoly, Dirty Truckers Snatch Top Prizes in Band Battle; Thanks to All Our Sponsors”
Microsoft Layoff Hits Gaming, Online Services, Real Estate
A day after the largest layoff in Microsoft history—1,400 jobs cut yesterday, with up to 5,000 in the next year and a half—the ripples are spreading far and wide throughout the technology and business communities. Here’s a snapshot of where the cuts are happening in the Seattle area. —Microsoft’s ACES studio, the Redmond, WA-based group … Continue reading “Microsoft Layoff Hits Gaming, Online Services, Real Estate”
Omni and Enztec Join, Raise $4.8M
Medical device makers Omni Life Science of Raynham, MA, and Enztec of Christchurch, New Zealand, announced that they have reorganized to become wholly owed subsidiaries of a new holding company called Orthopaedic Synergy, based in Raynham. The new firm also raised $4.8 million of a Series A financing from Pioneer Capital Partners of Auckland, New … Continue reading “Omni and Enztec Join, Raise $4.8M”
CloudSwitch Floating on $7.4M Funding Round
Stealth cloud computing company CloudSwitch has taken in $7.4 million in Series A funding co-led by Atlas Venture and Matrix Partners. The news was first reported by Scott Kirsner on his blog, and confirmed by Atlas partner Axel Bichara. Little information is available about Waltham, MA-based CloudSwitch, whose placeholder website merely says it is in … Continue reading “CloudSwitch Floating on $7.4M Funding Round”
Biogen Idec Rival Succeeds in Trial of Oral Pill for Multiple Sclerosis
One of Biogen Idec’s competitors in the world of multiple sclerosis drugs reported some success today. Germany’s Merck KGaA says its experimental oral pill reached its goal of reducing the rate of MS flare-ups for patients in a two-year study. Merck KGaA said patients on a low dose of its drug, cladribine, had a 58 percent … Continue reading “Biogen Idec Rival Succeeds in Trial of Oral Pill for Multiple Sclerosis”
IDRI Forms Vaccine Deal in Brazil
The Infectious Disease Research Institute, a Seattle-based global health research center, said it has licensed two key components of an experimental leishmaniasis vaccine to research partners at the Instituto Butantan in Sao Paolo, Brazil. Under the deal, IDRI will receive royalty payments on sales if its partners develop a marketable vaccine for leishmaniasis, which affects … Continue reading “IDRI Forms Vaccine Deal in Brazil”
Lovell Joins NWEN as Executive Director
The Bellevue, WA-based Northwest Entrepreneur Network (NWEN) has announced that Rebecca Lovell is joining the organization as executive director. Lovell is program director at the Seattle-based Alliance of Angels, and she succeeds outgoing NWEN executive director Peter Quinn. NWEN was founded in 1985, has more than 800 members, and produces 40-plus events and programs per … Continue reading “Lovell Joins NWEN as Executive Director”
SkinMedica Sues Histogen Over Trade Secrets
Privately held SkinMedica of Carlsbad says it has filed a patent infringement lawsuit against new San Diego startup Histogen and Gail Naughton, its founder and CEO. The lawsuit, which was filed in federal court in San Diego, alleges that Histogen and its affiliated Histogen Aesthetics business infringe on two SkinMedica patents related to proprietary conditioned … Continue reading “SkinMedica Sues Histogen Over Trade Secrets”
The Active Network Expands By Acquiring Campground Reservation Company
San Diego’s The Active Network, in another example of its growth-by-acquisition strategy, announced it is buying the online campground reservation provider ReserveAmerica from New York-based IAC. IAC, (NASDAQ: [[ticker:IACI]]) the conglomerate led by Barry Diller which operates more than 35 Internet businesses , agreed to sell its 100 percent ownership stake in ReserveAmerica to Active … Continue reading “The Active Network Expands By Acquiring Campground Reservation Company”
Stromedix Wins Patent For Lead Drug
Stromedix, a Cambridge, MA-based biotech company, said it has received a U.S. patent that protects its lead drug for fibrosis, STX-100. The patent, U.S. 7,465,449, covers high-affinity monoclonal antibodies and antigen-binding fragments that block a target on cells that is an important regulator of fibrosis and tissue injury. Rebecca described this technology that Stromedix acquired … Continue reading “Stromedix Wins Patent For Lead Drug”
From the Valley of the Green Giant, Google Energy Czar Lowers the Heat
Bill Weihl, Google’s green energy czar, says the computer you’re likely using now is a bit like a toaster. It takes in energy and produces heat. A typical network server is more energy-efficient, but Weihl says it’s usually loaded with cheap parts and still wastes a third of the power it consumes, which emanates as … Continue reading “From the Valley of the Green Giant, Google Energy Czar Lowers the Heat”
EMC, MIT Led Bay State Patent Winners in 2008—Here’s the Top 25 List
The sum of a company’s patent awards is not by a longshot a perfect barometer for an organization’s ability to innovate, but it can be one important measure of its investment in itself and its intellectual property—and its future competitiveness. In that regard, IT infrastructure company EMC (NYSE:[[ticker:EMC]]) seems like it’s doing all right. The … Continue reading “EMC, MIT Led Bay State Patent Winners in 2008—Here’s the Top 25 List”
Theo Chocolate Teams Up with UW to Sniff Out the Perfect Bean
Theo Chocolate, Inc. wants to unlock the cocoa bean’s secrets. Together with chemists at the University of Washington, Theo’s chief operating officer and food scientist Andy McShea is using “electronic nose” lab techniques to identify the best organic bean he can find. I met with McShea in the Seattle chocolate company’s office, which overlooks the … Continue reading “Theo Chocolate Teams Up with UW to Sniff Out the Perfect Bean”
E-Book Readers on the iPhone? They’re Not Quite Kindle Slayers Yet
Well, this is the first time I’ve written my weekly column while wearing a tuxedo. No, I’m not on my way home from an inauguration ball, or campaigning for higher style standards among reporters. As I write this, I’m getting ready to emcee Xconomy’s Battle of the Tech Bands 2. Our preparations for the event … Continue reading “E-Book Readers on the iPhone? They’re Not Quite Kindle Slayers Yet”
Optimer’s Second Drug, for Traveler’s Diarrhea, Follows Fast Behind Lead “C. Diff” Antibiotic
San Diego’s Optimer Pharmaceuticals had its breakout moment in November, when it showed its experimental drug could wipe out the dreaded C. Diff bacteria, a horrific, sometimes fatal form of diarrhea that people sometimes pick up in the hospital. What fewer people realize is Optimer (NASDAQ: [[ticker:OPTR]]) has another anti-diarrhea drug in the works that’s … Continue reading “Optimer’s Second Drug, for Traveler’s Diarrhea, Follows Fast Behind Lead “C. Diff” Antibiotic”
J&J Teams With Enlight, eIQnetworks Secures $10M, Riverbed Makes Off With Mazu for $25M, & More Boston-Area Deals News
Many of New England’s IT firms were heard from this past week. Those, and the rest of the week’s tech and life sciences deals, below. —The Scuderi Group of West Springfield, MA, raised $20 million in private funding from undisclosed investors. The firm is developing a fuel-efficient internal combustion engine. —The year-end data on U.S. … Continue reading “J&J Teams With Enlight, eIQnetworks Secures $10M, Riverbed Makes Off With Mazu for $25M, & More Boston-Area Deals News”
MDRNA Cuts Executive Pay, Freezes Salaries as Cash Runs Out
MDRNA is running out of cash, and is drastically cutting down payroll expenses, according to a source close to the situation. The Bothell, WA-based biotech company (NASDAQ: [[ticker:MRNA]]) has asked executives to work for no pay, and has frozen employee salaries at $1,250 for the final two weeks of January, according to the source. Matt … Continue reading “MDRNA Cuts Executive Pay, Freezes Salaries as Cash Runs Out”
CloudSwitch Receives $7,400,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d0cdd4d5-c61e-4445-96e8-0e6b965a3750&Preview=1 Date 1/23/2009 Company Name CloudSwitch Mailing Address 1159 Commonwealth Avenue West Newton, MA 02465 Company Description CloudSwitch is a computing startup. Website Undisclosed Transaction Type Venture Equity Transaction Amount $7,400,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Atlas Venture Venture Investor Matrix Partners
Orthopaedic Synergy Inc Secures $4,800,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=851e9051-3993-4b7c-ac2f-a6eb2d9c6ff2&Preview=1 Date 1/23/2009 Company Name Orthopaedic Synergy Inc Mailing Address Undisclosed Raynham, MA 02767 Company Description Orthopaedic Synergy Inc is a provider of products for the orthopaedic device market. Website Undisclosed Transaction Type Venture Equity Transaction Amount $4,800,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “Orthopaedic Synergy Inc Secures $4,800,000 Series A Financing Round”
Xactly Corporation Acquires Centive for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=38e56a1d-4701-441a-9828-b661408f603f&Preview=1 Date 1/23/2009 Company Name Centive Mailing Address 900 Chelmsford Street, Cross Point – Tower 3, 7th Floor Lowell, MA 01851 Company Description Centive is a leading provider of business solutions that help companies drive performance and revenue. Centive’s Enterprise Incentive Management (EIM) and Sales Compensation Management solutions empower companies to motivate … Continue reading “Xactly Corporation Acquires Centive for Undisclosed Sum”
mEgo Garners $2,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e15203d7-b4af-4268-acb4-79a3c1929ff4&Preview=1 Date 1/23/2009 Company Name mEgo Mailing Address Undisclosed Los Angeles, CA 90000 Company Description A mEgo is a first-of-its-kind multimedia portable profile that allows you to share interactive, dynamic and highly personalized visual representations of yourself across the web. mEgo solves the problem of having to create and maintain different profiles … Continue reading “mEgo Garners $2,500,000 New Financing”
International Stem Cell Corporation Secures $1,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=690c0180-21ac-4bdf-a0cd-f0968048490e&Preview=1 Date 1/23/2009 Company Name International Stem Cell Corporation Mailing Address 2595 Jason Court Oceanside, CA 92056 Company Description The Company was founded for the specific purposes of solving key problems in the emerging field of regenerative medicine, cell availability and immune rejection. There are growing numbers of cell transplant therapies that … Continue reading “International Stem Cell Corporation Secures $1,000,000 New Funding Round”
Pelikan Technologies Garners $25,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=573f719a-7da2-48bf-a916-c5a00dddc64c&Preview=1 Date 1/23/2009 Company Name Pelikan Technologies Mailing Address 1072 East Meadow Circle Palo Alto, CA 94303 Company Description Pelikan Technologies is dedicated to the development of innovative hand-held diagnostic and monitoring devices capable of significantly improving the screening and management of a variety of medical conditions. Website http://www.pelikantechnologies.com Transaction Type Venture … Continue reading “Pelikan Technologies Garners $25,000,000 New Funding Round”
Ask Sponsored Listings Acquires Sendori for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c7494fc9-de9e-4f22-ac45-cd1dc31bc6cd&Preview=1 Date 1/23/2009 Company Name Sendori Mailing Address 440 N Wolfe Rd. Sunnyvale, CA 94085 Company Description Sendori is in the business of connecting generic-term domains with leading advertisers. Our patent-pending solution optimizes these connections for the benefit of advertisers and domain owners. Website http://www.sendori.com Transaction Type M&A Transaction Amount Undisclosed Transaction … Continue reading “Ask Sponsored Listings Acquires Sendori for Undisclosed Sum”