Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7024c761-85e3-4c81-be2e-51deab7b6d4b&Preview=1 Date 8/27/2008 Company Name Expressor Software Corporation Mailing Address 1 New England Executive Park Burlington, MA 01803 Company Description The company provides multi-platform, parallel, processing, data management software. Website http://www.expressor-software.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round Series B Proceeds Purposes The funding will enable expressor software to further … Continue reading “Expressor Software Corporation Lands $10,000,000 Series B Funding”
RadioFrame Networks Secures $28,000,000 Series F Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=af3e0733-9d66-445f-ad9e-b0fdab186190&Preview=1 Date 8/27/2008 Company Name RadioFrame Networks Mailing Address 9461 Willows Road NE Redmond, WA 98052 Company Description RadioFrame Networks, a provider of in-building wireless infrastructure that extends cellular coverage and provides for WLAN environments. Website http://radioframe.com/ Transaction Type Debt, Venture Equity Transaction Amount $28,000,000 Transaction Round Series F Proceeds Purposes The … Continue reading “RadioFrame Networks Secures $28,000,000 Series F Funding”
Active Network, Inc. Garners $80,000,000 Series F Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1aaa0eda-59db-4adf-be30-bdcb17923ff3&Preview=1 Date 8/27/2008 Company Name Active Network, Inc. Mailing Address 10182 Telesis Court San Diego, CA 92121 Company Description We’ve built a smart business providing technology application services and marketing access that effectively meet the needs of community service and active lifestyle organizations worldwide. Website http://www.theactivenetwork.com Transaction Type Venture Equity Transaction Amount … Continue reading “Active Network, Inc. Garners $80,000,000 Series F Financing Round”
NanoSolar Receives $300,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2a513503-4bef-45e9-acc5-5236cce8a05a&Preview=1 Date 8/27/2008 Company Name NanoSolar Mailing Address 5521 Hellyer Avenue San Jose, CA 95138 Company Description NanoSolar is one of several companies with promising technologies aimed at narrowing the gap between the cost of solar power and energy from fossil fuels. Website http://www.nanosolar.com Transaction Type Venture Equity Transaction Amount $300,000,000 Transaction … Continue reading “NanoSolar Receives $300,000,000 Series B Round”
Cisco Systems Acquires Postpath for $215,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=badffefc-a7f8-448b-bde5-d5cf8c7f4f16&Preview=1 Date 8/27/2008 Company Name Postpath Mailing Address 1200 Villa St Mountain View, CA 94041 Company Description PostPath is dedicated to the creation of a better email and collaboration infrastructure – better for users, better for IT departments, and better value for money. Website http://www.postpath.com Transaction Type M&A Transaction Amount $215,000,000 Transaction … Continue reading “Cisco Systems Acquires Postpath for $215,000,000”
Software Radio Firm Vanu Collects $32 Million Second Round
Vanu, the Cambridge, MA, company whose “all-software radios” allow wireless operators to broadcast using multiple standards such as GSM and CDMA, has raised $32 million a stealthy Series B venture round, Dan Primack of Private Equity Hub is reporting today. Waltham, MA-based Charles River Ventures, which led a $9 million Series A round for Vanu … Continue reading “Software Radio Firm Vanu Collects $32 Million Second Round”
Daptiv Raises $9M More
Seattle-based Daptiv (formerly eProject), a maker of collaborative business software, has raised an additional $9 million in Series B funding, according to PE Hub, which cites a regulatory filing, and VentureBeat. Last year, the company closed a $12 million round. Its investors include Bay Partners, Kennet Partners, King Street Partners, and Wolf Bay Holdings. Earlier … Continue reading “Daptiv Raises $9M More”
Indevus Pharma Raises $105M in Debt Sale
Indevus Pharmaceuticals (NASDAQ:[[ticker:INDEV]]), a Lexington, MA, specialty pharmaceutical firm, announced it has raised $105 million in a private placement of non-recourse notes. The company said the sale of the notes, which are secured by royalties from its overactive bladder drug Sanctura, is intended to retire existing debt due next year and fund operations into calendar … Continue reading “Indevus Pharma Raises $105M in Debt Sale”
Curis Begins Phase 1 Trial of Anti-Tumor Drug
Drug developer Curis (NASDAQ:[[ticker:CRIS]]), of Cambridge, MA, reported today that it has begun a Phase 1 clinical trial of an anti-cancer small molecule, dubbed CUDC-101. The experimental drug is designed to inhibit tumor cell growth and survival, and 18 to 40 patients are expected to enroll in the clinical trial.
QLT Licenses Atrigel Rights to Reckitt Benckiser
QLT, (NASDAQ: [[ticker:QLTI]]) a Vancouver, BC-based biotechnology company, said today its U.S. subsidiary provided an exclusive license to Reckitt Benckiser Pharmaceuticals to develop Atrigel sustained-release drug delivery technology. Reckitt agreed to pay $25 million upfront, and milestone payments of another $5 million if it can successfully develop two Atrigel products. Rickett acquired 18 employees from … Continue reading “QLT Licenses Atrigel Rights to Reckitt Benckiser”
Daily TIPs: High-Tech Candidates, Bat Killers, Viruses in Clouds and Bugs, & More
Nielsen Measures Obama’s Text Audience If the phone rings at 3 a.m., it’s probably Barack Obama texting you the late news of his vice presidential choice. Nielsen, which normally measures television audiences, said about 2.9 million people received the cell phone message, which had already been scooped by the more old-fashioned media. The Wall Street … Continue reading “Daily TIPs: High-Tech Candidates, Bat Killers, Viruses in Clouds and Bugs, & More”
The Ins and Outs of Making Money from Online Video
An evening seminar sponsored by MITX, with moderator Will Richmond, president of VideoNuze, and panelist Waikit Lau, CEO of ScanScout. From the event page: “Ok, so your online video site is up and running, or maybe you’re still planning its launch. Your attention quickly turns to the most urgent question of all: how can you … Continue reading “The Ins and Outs of Making Money from Online Video”
The 2008 Olympics: The Defining Moment for Video 2.0, or Opportunity Lost?
[Editor’s note: This Xconomist Forum post is a revised, updated version of an essay contributor Matt Kaplan wrote for the PermissionTV blog on August 9, 2008.] Every four years I look forward to the summer Olympic Games. It’s not so much that I’ll sit down and watch the coverage non-stop, but there are a few … Continue reading “The 2008 Olympics: The Defining Moment for Video 2.0, or Opportunity Lost?”
JumpTap Raises Another $26 Million for Mobile Search and Advertising
Investors still see the mobile search and advertising market as one of the hottest tickets in the digital economy. Since its founding in 2004, mobile advertising startup JumpTap, neighbors of Xconomy just down First Street in Cambridge MA, has raised about $47 million from the likes of General Catalyst Partners, Summerhill Venture Partners, Redpoint Ventures, … Continue reading “JumpTap Raises Another $26 Million for Mobile Search and Advertising”
FDA Doesn’t Appear Overly Alarmed by Recent Cases of Brain Disease Associated With Tysabri; Working with Biogen Idec and Elan to Update Labeling
Biogen Idec and Elan got clobbered by investors a few weeks ago when they reported that two new patients developed PML, the often-fatal brain infection, after taking Tysabri. But in an announcement about the cases on its website, the FDA doesn’t seem overly alarmed about the risk associated with drug for multiple sclerosis and Crohn’s … Continue reading “FDA Doesn’t Appear Overly Alarmed by Recent Cases of Brain Disease Associated With Tysabri; Working with Biogen Idec and Elan to Update Labeling”
Amazon Shells Out For Shelfari
Amazon will acquire Seattle-based Shelfari, a social networking site for bookworms, Shelfari’s CEO has confirmed on the company blog. John Cook broke the news yesterday and has a nice analysis of the ongoing tensions between Shelfari and its top rival, LibraryThing, in which Amazon also has a stake. And TechCrunch reports that Amazon previously invested … Continue reading “Amazon Shells Out For Shelfari”
Xconomy Jobs Board Currently Featuring Cloud Computing Positions and More
Publisher’s note: There’s been a flurry of activity on the Xconomy Boston board recently, so I wanted to remind our readers of this great resource for connecting job-seekers in all areas of technology and life sciences with New England’s innovation employers. Here’s a sampling of current listings, many of which come from EMC’s newly formed … Continue reading “Xconomy Jobs Board Currently Featuring Cloud Computing Positions and More”
Helicos Names CTO to Boost R&D
Helicos BioSciences (NASDAQ:[[ticker:HLCS]]), a Cambridge, MA, developer of DNA sequencing systems, announced today it promoted its senior vice president of product development, Bill Efcavitch, to chief technology officer. Helicos said the promotion of Efcavitch and two other appointments in senior research positions are intended to accelerate research and development at the company.
Polaris and MIT’s Langer Meet L’Oreal. Don’t Believe It? There’s “Living Proof”
Move over Mary Kay. Some of the best and brightest brains from MIT and other research powerhouses are applying their scientific prowess to the multibillion-dollar cosmetics industry—and they’ve recruited a veteran of beauty-products giant L’Oreal to pull it off. It’s all happening in the heart of Kendall Square, on Rogers Street (home also to Xconomy’s … Continue reading “Polaris and MIT’s Langer Meet L’Oreal. Don’t Believe It? There’s “Living Proof””
With Intellectual Ventures, Nathan Myhrvold Out to Create “Invention Capital” Industry—and Stop Hurricanes, Malaria, and Global Warming in the Process (Part 2)
Yesterday, we ran the first half of a sit-down interview with Nathan Myhrvold, cofounder and CEO of Intellectual Ventures, the Bellevue, WA-based invention laboratory and investment firm. Myhrvold, the former CTO of Microsoft (and an Xconomist), placed his current company’s goals in the context of venture capital and private equity, arguing that there is a … Continue reading “With Intellectual Ventures, Nathan Myhrvold Out to Create “Invention Capital” Industry—and Stop Hurricanes, Malaria, and Global Warming in the Process (Part 2)”
Trubion Pushing Forward Arthritis Trials, Working to Re-Ignite the Spark for Investors
The stock chart for Trubion Pharmaceuticals tells an ugly tale this past year. The company had sunk to $4.48 as of yesterday’s close, after selling shares in an initial public offering at $13 in October 2006. Steven Harr, an influential biotech analyst at Morgan Stanley, summed it up in a report in March, saying Trubion … Continue reading “Trubion Pushing Forward Arthritis Trials, Working to Re-Ignite the Spark for Investors”
Mall Networks Gets $7 Million to Help Clients Compete for Loyalty
Why do airlines give away frequent flyer miles? For the same reason that credit card issuers offer cash-back programs: because hanging on to existing customers by giving them rewards is generally cheaper than recruiting new ones. That basic truth has made frequent-flyer programs and other loyalty programs into a huge business: one in three Americans … Continue reading “Mall Networks Gets $7 Million to Help Clients Compete for Loyalty”
JumpTap Inc. Obtains $26,000,000 Series D Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f52609b6-96b5-4131-b0c4-023a2add7ceb&Preview=1 Date 8/26/2008 Company Name JumpTap Inc. Mailing Address 245 First Street Cambridge, MA 02142 Company Description JumpTap, Inc. provides wireless carriers with an end-to-end, carrier-branded mobile search solution that drives third-party revenue for mobile operators while providing a quick, easy and fun mobile search experience for subscribers. Website http://www.jumptap.com Transaction Type … Continue reading “JumpTap Inc. Obtains $26,000,000 Series D Funding Round”
Mall Networks Receives $7,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f1a900b8-02b4-46b5-8576-cb4c2c5ad07d&Preview=1 Date 8/26/2008 Company Name Mall Networks Mailing Address One Militia Drive Lesington, MA 02421 Company Description Mall Networks uses the power of affiliate networks to build shopping portals tailor-made for affinity organizations such as school districts, non-profits, sports teams, and consumer associations. With more than 350 of the most trusted online … Continue reading “Mall Networks Receives $7,000,000 Series B Round”
Brand.net Secures $10,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e7ab31a6-9954-448a-b0e2-24bc4f31540d&Preview=1 Date 8/26/2008 Company Name Brand.net Mailing Address 1400 Fashion Island Blvd San Mateo, CA 94404 Company Description Brand.net is the first online advertising network focused exclusively on Brand advertising. The Brand.net team has a combined 50+ years of online Brand advertising experience with leading online publishers. Our deep online display advertising … Continue reading “Brand.net Secures $10,000,000 Series B Funding”
Solazyme Lands $45,400,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fc509f56-5ce2-4fc8-92d1-d9d5adeb2898&Preview=1 Date 8/26/2008 Company Name Solazyme Mailing Address 225 Gateway Blvd. South San Francisco, CA 94080 Company Description Solazyme is a biotechnology company devoted to harnessing the energy-harvesting machinery of photosynthetic microbes to produce valuable products. Exploiting microbial photosynthesis, a biochemical system benefiting from 2.5 billion years of evolutionary optimization yet brought … Continue reading “Solazyme Lands $45,400,000 Series C Round”
Cleantech Entrepreneurs Speak Out for Obama’s Energy Plan
Barack Obama probably doesn’t have to worry much about the cleantech vote. A handful of renewable energy entrepreneurs couldn’t say enough good things about the Democratic presidential candidate in a press conference this morning at the Propel Biofuels station in Seattle’s South Lake Union neighborhood. The cleantechies gave me a series of blank stares when … Continue reading “Cleantech Entrepreneurs Speak Out for Obama’s Energy Plan”
Daily TIPs: Capturing Carbon, Signing on Cells, Wireless Power, & More
Technique Lets the Deaf Sign Through Cell Phones Voice communications don’t work for deaf people, and the quality of video carried by American cellular networks is generally too low to carry images of people signing. Now researchers at the University of Washington have overcome this problem by coming up with video-encoding algorithms that enhances only … Continue reading “Daily TIPs: Capturing Carbon, Signing on Cells, Wireless Power, & More”
Quanterix Collects $15 Million in Series A Venture Round
Quanterix, a privately held developer of medical diagnostics technology in Cambridge, MA, has raised $15 million in a Series A financing, according to VentureWire. Arch Venture Partners, Bain Capital, and Flagship Ventures participated in the financing. Tufts University researcher David Walt, a founder of San Diego-based Illumina (NASDAQ: [[ticker:ILMN]]) is a co-founder of Quanterix. The … Continue reading “Quanterix Collects $15 Million in Series A Venture Round”
Cell Therapeutics Authorizes 1-for-10 Reverse Stock Split
Cell Therapeutics said today its board has authorized a 1-for-10 reverse stock split, meaning that shareholders will get one share of common stock in exchange for 10 they own. The Seattle-based biotech company (NASDAQ: [[ticker:CTIC]]) said the change will take effect Aug. 31. The move was made primarily to regain compliance with Nasdaq listing requirements, … Continue reading “Cell Therapeutics Authorizes 1-for-10 Reverse Stock Split”
Genzyme, Medicines for Malaria Venture Form Partnership to Develop New Treatments
Cambridge, MA-based Genzyme (NASDAQ: [[ticker:GENZ]]) and Medicines for Malaria Venture, a nonprofit organization, said today they have formed a malaria drug collaboration with India-based Advinus Therapeutics. The organizations will work to develop new treatments for pregnant women and infants who are most threatened by the infection. The partners, which includes the Broad Institute of MIT … Continue reading “Genzyme, Medicines for Malaria Venture Form Partnership to Develop New Treatments”
ABRY Buys Q9 Networks
Toronto, Ontario-based Q9 Networks, a data center operator, said today that it has agreed to be acquired by CDC Acquisition Corp., an affiliate of ABRY Partners, a Boston private equity firm focused on media and communications investments. The purchase price of approximately $361 million in Canadian dollars, or $17.05 per share, represents a 38 percent … Continue reading “ABRY Buys Q9 Networks”
Announcing Xconomy’s Next Forum: How to Build A Life Sciences Company
The Boston area is arguably the world’s greatest center of life sciences, fostering both outstanding basic research and a thriving community of companies, big and small. Two of biotech’s pioneering firms, Biogen Idec and Genzyme, were founded here—Biogen is celebrating its 30th anniversary this year. A number of the planet’s largest pharmaceutical makers, including Novartis, … Continue reading “Announcing Xconomy’s Next Forum: How to Build A Life Sciences Company”
ProteoStasis Takes Off From $45 Launch Pad, BitWave Receives $10M Transmission, GameLogic Reckons $8M Will Do, & More Deals News
There was a decent amount of venture activity in the Boston area this past week, as you can see below—and I’m not even including the smaller deals. —Cambridge, MA-based HealthCare Ventures, Fidelity Biosciences, the VC branches of Genzyme and Novartis, and others put a whopping $45 million into a first round of financing for ProteoStasis … Continue reading “ProteoStasis Takes Off From $45 Launch Pad, BitWave Receives $10M Transmission, GameLogic Reckons $8M Will Do, & More Deals News”
With Intellectual Ventures, Nathan Myhrvold Out to Create “Invention Capital” Industry—and Reinvent Invention in the Process (Part 1)
This time last week, Nathan Myhrvold was sitting down with Bill Gates. Gates had just returned from the Olympics, where he had watched some high-profile ping-pong matches—a very hot ticket in China. The two former Microsoft colleagues were catching up, and their discussion turned to racquet sports, and the various technical differences between them. “Bill … Continue reading “With Intellectual Ventures, Nathan Myhrvold Out to Create “Invention Capital” Industry—and Reinvent Invention in the Process (Part 1)”
Venture-Funded Consultants at Security Innovation Show Companies How to Make Software Unbreakable
Outside of a few giants like IBM, you’d be hard pressed to find many technology companies that offer both consulting services and boxed software products. Harder still would be finding a venture firm daring enough to fund a startup that wants to combine these two seemingly disparate lines. But software security startup Security Innovation, which … Continue reading “Venture-Funded Consultants at Security Innovation Show Companies How to Make Software Unbreakable”
Proteostasis Therapeutics Inc. Secures $45,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cae01090-b167-4989-9cc8-5ba24f16e7c3&Preview=1 Date 8/25/2008 Company Name Proteostasis Therapeutics Inc. Mailing Address Undisclosed Cambridge, MA 02138 Company Description Proteostasis Therapeutics is discovering and developing novel small molecule therapeutics designed to control the body’s Proteostasis Network, which maintains the body’s natural protein homeostasis to protect us from numerous diseases. We call these new therapies “Proteostasis … Continue reading “Proteostasis Therapeutics Inc. Secures $45,000,000 Series A Financing”
Quanterix Corporation Secures $15,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1edf1edd-0780-459e-ac31-b412c2d7399a&Preview=1 Date 8/25/2008 Company Name Quanterix Corporation Mailing Address One Kendall Square Building 1400W Cambridge, MA 02139 Company Description At Quanterix, our principal focus is to improve human health by providing physicians, drug developers, and researchers with the ability to detect and analyze important biomolecules within complex biological samples at the level … Continue reading “Quanterix Corporation Secures $15,000,000 Series A Financing”
Amazon.com Inc. Acquires Shelfari for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f47f8a80-7682-4d14-9175-540758622ddc&Preview=1 Date 8/25/2008 Company Name Shelfari Mailing Address 616 1st Ave Seattle, WA 98104 Company Description Our first product, Shelfari, enables our users to become part of a global community of book lovers and empowers them to share their taste in books with their peers. Website http://www.shelfari.com Transaction Type M&A Transaction Amount … Continue reading “Amazon.com Inc. Acquires Shelfari for Undisclosed Sum”
Demandbase Secures $8,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7d5b5fbc-31d5-499d-a04d-d389673873fb&Preview=1 Date 8/25/2008 Company Name Demandbase Mailing Address 244 Jackson 3rd Floor San Francisco, CA 94111 Company Description Marketers use Demandbase’s online service to improve campaign response rates and lower costs through better targeting, while sales professionals leverage the simplicity of the service to identify new prospects in a matter of minutes. … Continue reading “Demandbase Secures $8,000,000 Series B Financing Round”
Conviva Secures $20,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=765e1f0f-3794-4256-9c2c-ff2b2b2932da&Preview=1 Date 8/25/2008 Company Name Conviva Mailing Address Two Waters Park Drive San Mateo, CA 94403 Company Description Conviva was founded by Carnegie Mellon and U.C. Berkeley researchers who are leaders in Internet systems research. Conviva’s Coordinated Video Distribution System (CVDS) offers tremendous benefits to content owners and network service providers that … Continue reading “Conviva Secures $20,000,000 Series B Funding Round”
Amazon’s Elastic Block Store—A Glimpse of Cloud Computing’s Future
Earlier this week, Amazon announced an important new feature in its cloud computing Web service offerings that should further cause those of us who work in technology to consider the way in which we build software systems. It’s another exciting little glimpse of the future, one that should give pause to anybody still thinking of … Continue reading “Amazon’s Elastic Block Store—A Glimpse of Cloud Computing’s Future”
Medio in Reported Deal with Google and Verizon, Putting Seattle on the Mobile-Search Map
And the wireless hits keep coming… Seattle mobile-search startup Medio Systems is moving towards a deal with Google and Verizon Communications to manage an all-in-one search service provided by the two giants, according to the Wall Street Journal. Medio already handles searches for limited types of mobile content for Verizon. Google would help Medio search … Continue reading “Medio in Reported Deal with Google and Verizon, Putting Seattle on the Mobile-Search Map”
Buzzwire to Cover Dems in Denver
Boston- and Denver-based Buzzwire, which provides streaming video and audio content viewable on many Verizon, T-Mobile, Sprint, and AT&T mobile phones, says it’s launching a “DNC 2008” channel on August 25, to coincide with the opening of the Democratic National Convention in Denver. The channel will feature reports from Barely Political‘s Obama Girl and convention … Continue reading “Buzzwire to Cover Dems in Denver”
Daily TIPs: Mercury Wipe-Up, Faster Files, Sneaky Licenses, & More
New Nanomaterial Cleans Up Broken Bulbs Compact fluorescent bulbs are being touted as environmentally friendly, since they’re much more energy efficient than standard incandescents. Their only problem: Break them, and you spread poisonous mercury all over the place. Now, according to the Discovery Channel, a researcher at Brown University has developed a nanomaterial that absorbs … Continue reading “Daily TIPs: Mercury Wipe-Up, Faster Files, Sneaky Licenses, & More”
Build Guild
From the Build Guild website: “Created by two Salem web geeks, Marc Amos & Angelo Simeoni, the Build Guild is a monthly event (occurs every 2nd Tuesday of the month) where folks in the web industry—designers, coders, project managers, hobbyists, etc.—can get together to talk web, debate industry topics, share ideas, make professional connections, land … Continue reading “Build Guild”
Joseph Finn on the ABCs of Biotech Liquidation: Beware of Collusion!
Companies in innovation sectors often have multiple lives. I followed, for example, the rebirth of Franklin, MA, biotech firm Sontra Medical, which laid off its entire staff to cut expenses in late 2006, and was back in business in less than a year with new investors and a new name, Echo Therapeutics. But when the … Continue reading “Joseph Finn on the ABCs of Biotech Liquidation: Beware of Collusion!”
Battery Powers Social Advertising Network
According to regulatory filings cited today by PE Week Wire, Waltham, MA-based Battery Ventures is the lead investor in a $1 million Series A funding round for Adisn, a Long Beach, CA-based Web advertising network. The company says it mines blogs and other social media sites for information about relationships between topics and applies that … Continue reading “Battery Powers Social Advertising Network”
Greylock Funds Refocus Imaging
Waltham, MA- and San Mateo, CA-based Greylock Partners is the leader in a $250,000 Series A financing round for Refocus Imaging, according to regulatory filings cited today by PE Week Wire. The Mountain View, CA, startup is pursuing “computational photography” techniques developed by Stanford researcher Ren Ng that, among other things, allow photographers to adjust … Continue reading “Greylock Funds Refocus Imaging”
Pogue on the iPhone 3G: A Product Manual You Won’t Be Able to Put Down
The Apple iPhone is easily the most powerful, multitalented phone ever marketed. As I and many others have pointed out, it’s really a handheld multimedia computer, with camera and (in the iPhone 3G) GPS functions to boot. So it’s a little baffling that the only set of instructions you get when you buy an iPhone … Continue reading “Pogue on the iPhone 3G: A Product Manual You Won’t Be Able to Put Down”