Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e329e072-ef15-41a4-b71e-8db78dcaad1c&Preview=1 Date 9/30/2008 Company Name Olive Media Products Mailing Address 555 Howard Street San Francisco, CA 94105 Company Description The company designs and develops digital audio systems that enhance music quality. Website http://www.olive.us Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms … Continue reading “Olive Media Products Garners New Round”
ACT Biotech Secures $809,200 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=266548ec-dd67-40c8-8277-8e543131ca5e&Preview=1 Date 9/30/2008 Company Name ACT Biotech Mailing Address 717 Market Street San Francisco, CA 94103-2103 Company Description ACT Biotech is a San Francisco-based privately-held pharmaceutical company focused exclusively on the development and commercialization of targeted cancer drugs. Website http://www.actbiotech.com/ Transaction Type Venture Equity Transaction Amount $809,200 Transaction Round Undisclosed Proceeds Purposes … Continue reading “ACT Biotech Secures $809,200 New Round”
PlayCafe Obtains $930,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5de98f55-1a1e-4cae-935e-903c665c8999&Preview=1 Date 9/30/2008 Company Name PlayCafe Mailing Address 2317 Broadway Street Redwood City, CA 94063 Company Description PlayCafe.com is the first online game show network. We stream in-house and user-generated game shows where everyone is a contestant. Players can compete in a variety of games, chat live with our hosts and players, … Continue reading “PlayCafe Obtains $930,000 New Round”
PLYMedia Secures $6,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c98cf638-afe5-4083-8b6f-9418f17f9c55&Preview=1 Date 9/30/2008 Company Name PLYMedia Mailing Address 724 Arastradero Road Palo Alto, CA 94306 Company Description The company provides web video development platforms. Website http://www.plymedia.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Elron Electronic Industries, Inc. Venture … Continue reading “PLYMedia Secures $6,000,000 New Funding Round”
Micro Azure Corp. Garners $11,999,900 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f291d0da-4f3f-4df5-a1a3-96dc5a102ec0&Preview=1 Date 9/30/2008 Company Name Micro Azure Corp. Mailing Address Undisclosed Alamo, CA 94000 Company Description The company is developing enhanced lithium-ion battery technology. Website http://www.microazure.com Transaction Type Venture Equity Transaction Amount $11,999,900 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor DCM – Doll Capital Management … Continue reading “Micro Azure Corp. Garners $11,999,900 New Funding Round”
Ipera Technology Receives $1,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f8eb8840-36b1-4e0c-bc4f-96fa426b081e&Preview=1 Date 9/30/2008 Company Name Ipera Technology Mailing Address 255 Shoreline Drive Redwood City, CA 94065 Company Description Ipera Technology developed a unique breakthrough video enhancement technology that delivers unprecedented per-pixel clarity and exceptionally low power consumption. Website http://www.iperatech.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “Ipera Technology Receives $1,000,000 New Funding”
Inertia Beverage Group Receives $5,106,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b76b31bc-60c3-4eb2-9427-993510788bb9&Preview=1 Date 9/30/2008 Company Name Inertia Beverage Group Mailing Address 1190 Airport Blvd. Napa, CA 94558 Company Description Inertia Beverage Group, based in Napa, California, is the premier provider of web-based technology used by wineries to manage direct sales and marketing. Inertia’s REthink Engine technology is at the heart of the direct … Continue reading “Inertia Beverage Group Receives $5,106,000 New Funding Round”
Miasole Garners $22,255,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3183b7a6-66ca-458f-8f36-998c75138ce5&Preview=1 Date 9/30/2008 Company Name Miasole Mailing Address 2590 Walsh Ave. Santa Clara, CA 95051 Company Description Miasolé manufactures the first solar technology inexpensive and plentiful enough to make solar power practical for large-scale use. Website http://www.miasole.com Transaction Type Venture Equity Transaction Amount $22,255,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Miasole Garners $22,255,000 New Financing”
Twitter Secures $17,366,100 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c409cbe6-15c8-42b7-80bd-9bd1c4191eca&Preview=1 Date 9/30/2008 Company Name Twitter Mailing Address 795 Folsom St. San Francisco, CA 94107 Company Description Twitter provides an instant-broadcast, SMS type Internet service. Website http://www.twitter.com Transaction Type Venture Equity Transaction Amount $17,366,100 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Spark Capital Venture Investor … Continue reading “Twitter Secures $17,366,100 New Round”
Primaeva Medical Secures $1,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=61cf1466-f620-4157-adb0-9ebe1cb4a12e&Preview=1 Date 9/30/2008 Company Name Primaeva Medical Mailing Address 4160 Hacienda Drive Pleasanton, CA 94588 Company Description Primaeva Medical is dedicated to providing the aesthetic physician superior new tools for Restoring Youth for their patients who want to reverse the signs of aging. Website http://www.primaevamedical.com Transaction Type Venture Equity Transaction Amount $1,500,000 … Continue reading “Primaeva Medical Secures $1,500,000 New Financing”
Kabira Technologies Lands $3,500,100 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1211f847-a111-42f7-9c48-9eede1f5929c&Preview=1 Date 9/30/2008 Company Name Kabira Technologies Mailing Address 1850 Gateway Drive 5th Floor San Mateo, CA 94404 Company Description Kabira provides high-performance transaction processing software for global enterprises to manage high volumes at a substantially lower cost. Website http://www.kabira.com Transaction Type Venture Equity Transaction Amount $3,500,100 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Kabira Technologies Lands $3,500,100 New Funding Round”
Neostim Garners $1,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a60fae98-0c19-45a9-bc24-a02b0552fd4b&Preview=1 Date 9/30/2008 Company Name Neostim Mailing Address 112 Camerota Way Redwood City, CA 94065 Company Description The company develops neuromodulation technology. Website http://www.neostim.com Transaction Type Venture Equity Transaction Amount $1,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Aberdare Ventures Venture Investor D. E. Shaw … Continue reading “Neostim Garners $1,500,000 New Financing”
Exclara Receives New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=95a8add2-fb9d-4192-a69a-a1bcab64033e&Preview=1 Date 9/30/2008 Company Name Exclara Mailing Address 3920 Freedom Circle Santa Clara, CA 95054 Company Description Exclara is leading the industry in Digital Power Management for Solid State Lighting. As a fabless semiconductor company, Exclara leverages its digital capabilities and highly efficient power management platforms to provide the highest possible system … Continue reading “Exclara Receives New Funding”
PlayPhone Secures $15,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b28a6b85-2cfb-4e6d-84dd-a672da7a83f0&Preview=1 Date 9/30/2008 Company Name PlayPhone Mailing Address 224 Airport Parkway San Jose, CA 95110 Company Description PlayPhone is the pioneer of direct-to-consumer distribution for mobile games, ringtones and wallpapers. The company launched its business in 2003 with one of the first retail mobile entertainment product in the world, and has been … Continue reading “PlayPhone Secures $15,000,000 New Financing Round”
Adgregate Markets Garners $1,761,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=28b87e2a-1c44-4acf-84f7-ac251306ba6c&Preview=1 Date 9/30/2008 Company Name Adgregate Markets Mailing Address 28 Liberty Ship Way San Francisco, CA 94965 Company Description Adgregate Markets is changing the dynamic of traditional banner advertising by aggregating micro-markets through fully transactional banner widgets. Our proprietary ShopAdsTM widgets provide merchants with fully contained micro-stores where consumers can engage with … Continue reading “Adgregate Markets Garners $1,761,000 New Financing”
Greenplum Garners $29,565,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4085e5a7-cd9a-450d-a1b7-b5b14184494f&Preview=1 Date 9/30/2008 Company Name Greenplum Mailing Address 1900 South Norfolk Drive San Mateo, CA 94403 Company Description Greenplum is pioneering the use of open source databases for enterprise-class Business Intelligence and Data Warehousing. Greenplum’s family of database products, called Bizgres, comprises solutions suited to installations ranging from departmental data marts to … Continue reading “Greenplum Garners $29,565,000 New Funding Round”
Pandora Garners $1,840,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ef0e61c4-975c-4bfa-b660-b8d2930cc35e&Preview=1 Date 9/30/2008 Company Name Pandora Mailing Address 360 22nd Street Oakland, CA 94612 Company Description With Pandora you can explore this vast trove of music to your heart’s content. Just drop the name of one of your favorite songs or artists into Pandora and let the Genome Project go. Website http://www.pandora.com … Continue reading “Pandora Garners $1,840,000 New Round”
AmberPoint Secures $4,519,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c47a404a-df18-4ed4-b182-bcd7e5d6f50a&Preview=1 Date 9/30/2008 Company Name AmberPoint Mailing Address 155 Grand Avenue Oakland, CA 94612 Company Description AmberPoint is the leading provider of management software for service-oriented architectures (SOAs). With its modular, distributed architecture, AmberPoint radically simplifies the management and evolution of service-based business solutions. Website http://www.amberpoint.com/ Transaction Type Venture Equity Transaction Amount … Continue reading “AmberPoint Secures $4,519,000 New Financing”
Roku Garners $5,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f79be6d3-c47c-436c-828c-c017a213d4d2&Preview=1 Date 9/30/2008 Company Name Roku Mailing Address 12980 Saratoga Ave. Saratoga, CA 95070 Company Description Roku, Inc., is a privately held company located in Saratoga, Calif., and founded in 2002 by Anthony Wood, the inventor of the personal video recorder (PVR). Roku is a leading supplier of innovative and easy to … Continue reading “Roku Garners $5,000,000 New Financing”
Lexy Lands $1,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=871f518f-2652-4d13-ab5f-c2b4357cc807&Preview=1 Date 9/30/2008 Company Name Lexy Mailing Address 589 Howard Street San Francisco, CA 94105 Company Description Lexy gives you all the richness of today’s Internet communications on the voice channel of your mobile phone. Yep, the phone in your hand, right now. Without any funky application to install. With no special … Continue reading “Lexy Lands $1,000,000 New Funding”
Nvest Garners $1,050,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=09646037-7a79-4e73-8e36-c5305abcf711&Preview=1 Date 9/30/2008 Company Name Nvest Mailing Address 399 Boylston St San Francisco, CA 94103 Company Description The company operates an online investment research portal. Website Undisclosed Transaction Type Venture Equity Transaction Amount $1,050,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor DCM – Doll Capital … Continue reading “Nvest Garners $1,050,000 New Round”
Xactly Corporation Receives $1,001,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=58a9c129-eee7-48a3-96ec-c5929f3d4344&Preview=1 Date 9/30/2008 Company Name Xactly Corporation Mailing Address 35 S. Market St San Jose, CA 95113 Company Description Xactly Corporation delivers on-demand sales compensation applications that enable companies to incent right and sell more. Website http://www.xactlycorp.com Transaction Type Venture Equity Transaction Amount $1,001,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Xactly Corporation Receives $1,001,000 New Financing Round”
Narus Lands $825,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=90558b08-c716-4ef8-87a3-c6de66fcf226&Preview=1 Date 9/30/2008 Company Name Narus Mailing Address 570 Maude Court Sunnyvale, CA 94085 Company Description With its patented technology and processes, Narus helps customers like AT&T, Brasil Telecom, Korea Telecom, KDDI, Telecom Egypt, Saudi Telecom, France Telecom and T-Mobile in areas of network security, traffic classification and monitoring. Website http://www.narus.com Transaction … Continue reading “Narus Lands $825,000 New Round”
Bloom Energy Lands New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dc3282c5-00c9-44d5-8d44-cafa0fdc9e0b&Preview=1 Date 9/30/2008 Company Name Bloom Energy Mailing Address 1252 Orleans Drive Sunnyvale, CA 94089 Company Description The company develops and sells solid oxide fuel cell technology to compete with electric power. Website http://www.bloomenergy.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “Bloom Energy Lands New Funding Round”
SeaBridge Receives $1,059,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e926b22e-5111-4fe2-8686-d115d288be9e&Preview=1 Date 9/30/2008 Company Name SeaBridge Mailing Address 1 Sansome St. 15th Floor San Francisco, CA 94104 Company Description SeaBridge is a Fan Relationship Management (FRM) Platform that provides robust, scalable tools for professional sports entities, enabling them to Engage and expand global fan bases, Create new incremental revenue streams and Reduce … Continue reading “SeaBridge Receives $1,059,000 New Funding Round”
Crown Bioscience Receives $1,498,200 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ab873d3d-4f7b-4656-9c01-d2f5a28b3340&Preview=1 Date 9/30/2008 Company Name Crown Bioscience Mailing Address 4008 Burton Drive Santa Clara, CA 95054 Company Description Crown Bioscience Inc. is a US-based biomedical outsourcing company, providing efficient and cost-effective solutions for global biotech and pharmaceutical companies. Our company is headquartered in the heart of Silicon Valley, with a wholly owned … Continue reading “Crown Bioscience Receives $1,498,200 New Funding Round”
BitGravity Garners $2,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5ab9e237-c1b5-4b3d-8119-d7f7641dd878&Preview=1 Date 9/30/2008 Company Name BitGravity Mailing Address 700 Airport Boulevard Burlingame, CA 94010 Company Description BitGravity has built the first CDN for Interactive Broadcasting, which is optimized to deliver affordable, HD-quality video on demand, live broadcasts, and interactive applications for massive audiences on the Internet. BitGravity’s patent-pending CDN is Tier 1, … Continue reading “BitGravity Garners $2,500,000 New Financing”
Akros Silicon Receives $4,598,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=592bfbe7-c22e-417a-ae44-d8231c153b27&Preview=1 Date 9/30/2008 Company Name Akros Silicon Mailing Address 275 Turn Pike Drive Folsom, CA 95630 Company Description Akros Silicon Inc. is Venture Capital-backed fabless semiconductor company located in Folsom California. Website http://www.akrossilicon.com Transaction Type Venture Equity Transaction Amount $4,598,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms … Continue reading “Akros Silicon Receives $4,598,000 New Funding Round”
Laszlo Systems Garners $2,052,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cda6d4eb-dc11-4230-b377-db0bd0842e4a&Preview=1 Date 9/30/2008 Company Name Laszlo Systems Mailing Address 2600 Campus Drive San Mateo, CA 94403 Company Description Laszlo Systems is the original developer of the Laszlo open source platform and provider of rich internet applications and services that advance the Web experience. The Laszlo Platform is an open source, XML-native foundation … Continue reading “Laszlo Systems Garners $2,052,000 New Financing Round”
iCurrent Secures $3,016,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=18a6b38d-a55d-46b1-90ac-df43703deb3d&Preview=1 Date 9/30/2008 Company Name iCurrent Mailing Address 400 Oyster Pt Blvd South San Francisco, CA 94080 Company Description We are building a new Internet service that filters and delivers information for all your interests. You can think of it as a personalized briefing service that simplifies staying current across all areas … Continue reading “iCurrent Secures $3,016,000 New Funding Round”
ThreatMETRIX Secures $6,100,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=30efef5e-c72d-444e-9011-e3b3831221fe&Preview=1 Date 9/30/2008 Company Name ThreatMETRIX Mailing Address 5150 EI Camino Real Los Altos, CA 94022 Company Description The company provides fraud control device fingerprinting solutions. Website http://www.threatmetrix.com Transaction Type Venture Equity Transaction Amount $6,100,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Technology Venture Partners … Continue reading “ThreatMETRIX Secures $6,100,000 New Funding”
Proofpoint Lands $16,492,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a717adbf-23a3-4e93-a31e-e9a22eba71c6&Preview=1 Date 9/30/2008 Company Name Proofpoint Mailing Address 892 Ross Drive Sunnyvale, CA 94089 Company Description Proofpoint provides messaging security solutions for large enterprises to stop spam, protect against email viruses and ensure compliance with corporate policies and regulations through their messaging infrastructure. Website http://www.proofpoint.com Transaction Type Venture Equity Transaction Amount $16,492,000 … Continue reading “Proofpoint Lands $16,492,000 New Round”
TrueDemand Software Secures $1,886,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dfbffba1-8cc8-4ed7-89de-efa20719b226&Preview=1 Date 9/30/2008 Company Name TrueDemand Software Mailing Address 485 Alberto Way Los Gatos, CA 95032 Company Description TrueDemand Software, a pioneer in the development of RFID-enabled enterprise applications, provides a new class of predictive supply chain solutions that help solve supply chain execution and planning problems to reduce out-of-stocks and excess … Continue reading “TrueDemand Software Secures $1,886,000 New Financing”
LiveRail Receives $500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=36ac47c4-1ab0-40a9-b5e1-f1b2c23852f5&Preview=1 Date 9/30/2008 Company Name LiveRail Mailing Address 580 Howard Street San Francisco, CA 94105 Company Description LiveRail delivers technology solutions that enable and enhance the monetization of internet-distributed video. By focussing specifically on challenges and opportunities created by online video, our tools are designed to be easier, more efficient and more … Continue reading “LiveRail Receives $500,000 New Funding Round”
Renewable Fuel Products Obtains $699,900 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2b4caed4-bc71-4c31-937a-f837c58bdb78&Preview=1 Date 9/30/2008 Company Name Renewable Fuel Products Mailing Address P.O. Box 191366 San Francisco, CA 94119 Company Description Renewable Fuel Products, Inc. is in its start up phase and has successfully converted its key technologies into demonstration pilot facilities. Website http://www.renewablefuelproducts.com Transaction Type Venture Equity Transaction Amount $699,900 Transaction Round Undisclosed … Continue reading “Renewable Fuel Products Obtains $699,900 New Funding”
Carsala Lands $300,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=75d7bf34-72b5-41b4-ac9c-fb8b9787be4d&Preview=1 Date 9/30/2008 Company Name Carsala Mailing Address 2140 Shattuck Avenue Berkeley, CA 94704 Company Description The company operates an online site that sells used cars. Website http://www.carsala.com Transaction Type Venture Equity Transaction Amount $300,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Labrador Ventures
NovoStent Corporation Lands $10,800,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=527c535b-96bf-46e4-a20b-fe48be3e03f2&Preview=1 Date 9/30/2008 Company Name NovoStent Corporation Mailing Address 1400 Terra Bella Ave Mountain View, CA 94043 Company Description NovoStent Corporation is a medical device company that has developed a novel “anchored” helical stent technology to provide a wide range of vascular therapies. Website http://www.novostent.com Transaction Type Venture Equity Transaction Amount $10,800,000 … Continue reading “NovoStent Corporation Lands $10,800,000 New Round”
MeetMoi Obtains $1,417,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5d932df7-216f-40b9-ab4c-8575f0cece88&Preview=1 Date 9/30/2008 Company Name MeetMoi Mailing Address 45 West 25th Street New York, NY 10010 Company Description meetMoi LLC developed the technology behind the meetMoi website and mobile dating service. Website http://www.meetmoi.com Transaction Type Venture Equity Transaction Amount $1,417,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms … Continue reading “MeetMoi Obtains $1,417,000 New Funding Round”
Authoria Acquired by Bedford Funding
Authoria, a Waltham, MA company that makes software used in employee recruiting and retention, said Monday that it will be bought by White Plains, NY-based private equity firm Bedford Funding for $63.1 million. Bedford has also agreed to put $8 million in working capital into the company.
Second Avenue Partners’ Keith Grinstein Dies at Age 48
Xconomy is sad to report that Keith Grinstein, a major figure in the Seattle-area innovation community, passed away suddenly last night from an apparent heart attack. He was 48. Grinstein was a founding partner in Seattle-based Second Avenue Partners, a venture capital firm that invests in early-stage technology deals. He was also a strategic advisor … Continue reading “Second Avenue Partners’ Keith Grinstein Dies at Age 48”
2008 IEEE International Conference on Image Processing
The International Conference on Image Processing (ICIP), sponsored by the IEEE Signal Processing Society, is the premier forum for the presentation of technological advances and research results in the fields of theoretical, experimental, and applied image and video processing. ICIP-2008, the 15th in a series held annually since 1994, will bring together leading engineers and … Continue reading “2008 IEEE International Conference on Image Processing”
MIT Enterprise Forum of San Diego: NetSapiens and VoIP
MIT Enterprise Forum hosts its October feature event on NetSapiens, a startup in the Voice over Internet Protocol (VoIP) service provider market. NetSapiens will discuss its strategy. The event is free to members; $40 advance and $50 at the door for non-members. To register, click here.
Daily TIPs: Downtown Farms, Invisible Islands, Water from Air, & More
Doubts Raised About Broadband Competition The Federal Communications Commission is in the midst of figuring out how to allocate spectrum for wireless broadband transmissions, while Google and M2Z Networks push for regulations to allow an alternative broadband service. A columnist at GigaOm argues that indecisiveness at the FCC could wind up delaying any competition, which … Continue reading “Daily TIPs: Downtown Farms, Invisible Islands, Water from Air, & More”
MetaCarta Rolls Out Geo-Search Platform
MetaCarta, a Cambridge, MA-based MIT spinoff funded in part by the CIA’s venture wing, In-Q-Tel, said today that a new software product called the MetaCarta Geographic Search and Referencing Platform (GSRP) is ready for sale. The software takes text content that contains place names in English, French, Spanish, Russian, or Arabic and tags it so … Continue reading “MetaCarta Rolls Out Geo-Search Platform”
CMC/Icos Beefs Up Biotech Manufacturing in Bothell
CMC/Icos Biologics is growing in Bothell. The Danish company is planning to double its workforce from 135 people, and quintuple its manufacturing capacity by mid-2010, according to this report in The Seattle Times. It’s a dose of some needed good news for the region, after Eli Lilly & Co. axed most of the 500 Icos … Continue reading “CMC/Icos Beefs Up Biotech Manufacturing in Bothell”
Clinical Data Inks $25M Stock Deal
Newton, MA-based biotech firm Clinical Data (NASDAQ:[[ticker:CLDA]]) said today that it has inked a deal to raise some $25 million in a private placement of stock and warrants. The agreement, with affiliates of Clinical Data board chair Randal J. Kirk, includes some 1.5 million newly issued shares of common stock and warrants on another 757,000 … Continue reading “Clinical Data Inks $25M Stock Deal”
Gusts Picking Up for Two New England Wind Companies
Last week’s incessant rain across New England brought with it some good news for two area wind power companies. In Rhode Island, the state government picked the subsidiary of a Newton, MA, wind company to build a $1 billion offshore wind farm, and a Vermont company developing a new, more efficient type of wind turbine … Continue reading “Gusts Picking Up for Two New England Wind Companies”
$20M for Verimatrix
Verimatrix, a San Diego-based maker of security software for Internet-delivered pay TV, said today that it has obtained $20 million in Series C venture funding from JK&B Capital, Goldman Sachs, and SunAmerica Ventures. The company said the investment round would help it accelerate deployment of its software to hybrid cable/satellite networks in markets around the … Continue reading “$20M for Verimatrix”
Covidien Cuts Costs in All Four Business Units, Corporate
Covidien, the Bermuda-based healthcare products company that is one of the largest life sciences companies in Massachusetts, said today it is implementing a restructuring program that includes projects in all four of its business segments and in corporate. The company didn’t disclose any job cuts, although it said it plans to take a $200 million … Continue reading “Covidien Cuts Costs in All Four Business Units, Corporate”
Avant Changes Name to Celldex Therapeutics, Hires Marucci as Permanent CEO
Avant Immunotherapeutics said today it is changing its name to Celldex Therapeutics as part of the merger the two companies announced in the first quarter. The Needham, MA-based company (NASDAQ: [[ticker:AVAN]]) will change its ticker symbol to (NASDAQ: [[ticker:CLDX]]), starting Oct. 1. The company’s board also announced that Anthony Marucci, who has worked as interim … Continue reading “Avant Changes Name to Celldex Therapeutics, Hires Marucci as Permanent CEO”