Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b8e380f8-25e1-4d57-9415-918a52e6dcce&Preview=1 Date 8/10/2008 Company Name PatientKeeper Inc. Mailing Address 275 Washington Street Newton, MA 02458 Company Description PatientKeeper, Inc. provides physicians with software that delivers clinical and financial benefits. Only PatientKeeper is designed to support a physician through the entire day. Website http://www.patientkeeper.com Transaction Type Venture Equity Transaction Amount $7,500,000 Transaction Round … Continue reading “PatientKeeper Inc. Lands $7,500,000 Series F Financing Round”
GluMetrics, Inc. Obtains $20,000,080 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a8229a91-4ad6-4136-afde-0d1118d8f609&Preview=1 Date 8/10/2008 Company Name GluMetrics, Inc. Mailing Address 15375 Barranca Parkway Irvine, CA 92618 Company Description GluMetrics, Inc. is a medical device company focusing patented technology on a currently shifting paradigm in the care of critically ill patients. Website http://www.glumetrics.com Transaction Type Venture Equity Transaction Amount $20,000,080 Transaction Round Series C … Continue reading “GluMetrics, Inc. Obtains $20,000,080 Series C Round”
Magnify360 Lands $2,500,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6655c6a3-c4d0-4910-8502-3f1488f47d38&Preview=1 Date 8/10/2008 Company Name Magnify360 Mailing Address 5959 W. Century Blvd Los Angeles, CA 90045 Company Description magnify360 is bringing the reality 1-to-1 personalization to the online user experience. magnify360 provides a fourth generation software-as-a-service (Saas) Platform that enables Web sites to adapt in real-time to the behaviors of individual visitors. … Continue reading “Magnify360 Lands $2,500,000 Series A Funding”
Tatango Cracks Top-100 Area Websites
Bellingham, WA-based Tatango, a mobile-applications startup focused on text-messaging to groups, rose 77 spots to #91 in this month’s edition of the Seattle Startup Index. Other big gains were made by Frugal Mechanic, an auto-parts shopping site, and Smart Desktop, an office-software maker, according to Marcelo Calbucci, who compiles the monthly list.
Daily TIPs: Biking with Batteries, Tracking Your Cell, Tracking Stem Cells, & More
Electric Bikes Look More Appealing A new generation of electric bicycles hasn’t quite caught on yet, but if gas prices continue to rise, they just might, one dealer tells the Chicago Sun Times. This isn’t your father’s moped; the new bikes have smaller motors and batteries that can propel riders for 20 miles before recharging, … Continue reading “Daily TIPs: Biking with Batteries, Tracking Your Cell, Tracking Stem Cells, & More”
CA Reaffirms that Non-Competes are Non-Starters—Will MA and WA Listen?
Updated with additional comment, see below: The arguments have been piling up against non-compete agreements here in the Bay State (and they’re not unknown in our sister city of Seattle, either). Over the past year, we’ve chronicled the debate several times, including an advance look at a debate about the debate held at the Berkman … Continue reading “CA Reaffirms that Non-Competes are Non-Starters—Will MA and WA Listen?”
NEC Snaps Up Netcracker
Netcracker Technology, a Waltham, MA, company that makes software used by telecom companies to manage order fulfillment and other operations, announced today that it will be acquired by Tokyo-based electronics and communications giant NEC. The companies didn’t disclose the terms of the deal.
A123 Systems Files for IPO Seeking Up to $175 Million (and Betting on Lucky No. 8?)
August 8, 2008. The Olympics Games begins in Beijing. A123 Systems, the Watertown, MA-based advanced battery maker with big operations in China, files for an IPO. Coincidence? Maybe not. The number 8 is considered lucky in China because it is similar to the Mandarin word for “wealth.” That’s why the opening cermony for the Olympics … Continue reading “A123 Systems Files for IPO Seeking Up to $175 Million (and Betting on Lucky No. 8?)”
In Defense of the Endangered Tree Octopus, and Other Web Myths
This March marked the 10th anniversary of the campaign to save the Pacific Northwest Tree Octopus from extinction. If you’re not familiar with the elusive tree octopus, it’s an arboreal cephalopod found in the temperate rainforests of the Olympic National Park west of Seattle. Every spring the creatures migrate from their lairs in the forest … Continue reading “In Defense of the Endangered Tree Octopus, and Other Web Myths”
Y Combinator Model “Too Messy” for Microsoft, Says YC Founder
On Wednesday, Greg highlighted the provocative suggestion of Kevin Merritt, CEO of Seattle startup Blist, that Microsoft should return to its “risk taking, entrepreneurial roots…” by investing in early-stage startups along the lines of the Y Combinator model. By supporting the startups in return for some stock and a commitment to use Microsoft development software, … Continue reading “Y Combinator Model “Too Messy” for Microsoft, Says YC Founder”
ChosenSecurity, Inc. Receives $6,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a4533ba6-e5c2-4198-9989-63af49279f03&Preview=1 Date 8/8/2008 Company Name ChosenSecurity, Inc. Mailing Address 57 Wells Avenue Newton, MA 02459 Company Description Chosen Security, Inc. is a leading specialist for identity verification and security services, ensuring safe and secure online communication and transactions. Since 1997, the company, previously a subsidiary of GeoTrust, has offered certificates and security … Continue reading “ChosenSecurity, Inc. Receives $6,000,000 Series A Funding”
Neuron Systems Inc. Garners $8,960,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=458182fe-2818-4bf1-ae60-b0c3b5cf8cfc&Preview=1 Date 8/8/2008 Company Name Neuron Systems Inc. Mailing Address 245 First St Cambridge, MA 02142 Company Description The company is a drug developer for treatment of retinal diseases. Website http://www.neuron.com Transaction Type Venture Equity Transaction Amount $8,960,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “Neuron Systems Inc. Garners $8,960,000 Series A Funding Round”
AndroScience Lands $4,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b9e1c28e-26e9-4848-86b1-ac91ba077e05&Preview=1 Date 8/8/2008 Company Name AndroScience Mailing Address 11175 Flintkote Avenue San Diego, CA 92121 Company Description AndroScience has recently discovered and patented a family of compounds derived from natural products that enhance the degradation of androgen receptor protein. These compounds selectively enhance androgen receptor degradation and do not affect endogenous androgens … Continue reading “AndroScience Lands $4,000,000 Series C Funding”
Real Travel Lands $800,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=35561ddd-d256-45c8-8429-449604e51726&Preview=1 Date 8/8/2008 Company Name Real Travel Mailing Address 420 Florence St. Palo Alto, CA 94301 Company Description At RealTravel, we believe that travel information is about more than price and star ratings – it is about the whole experience. You want to know what it is really like there. You want … Continue reading “Real Travel Lands $800,000 Series C Funding Round”
Provade Secures $6,000,000 Series D Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dcffc56a-990e-419f-8aab-55b18b9282c0&Preview=1 Date 8/8/2008 Company Name Provade Mailing Address 999 Baker Way San Mateo, CA 94404 Company Description Provade is a strategic partner focusing on Oracle eBusiness and PeopleSoft procurement applications. Website http://www.provade.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round Series D Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms … Continue reading “Provade Secures $6,000,000 Series D Round”
Sonus Obtains License From Bayer to Develop Cancer Drugs
Sonus Pharmaceuticals said today it has agreed to pay $450,000 upfront, plus future milestones and royalty payments, to obtain an exclusive license from Bayer to develop a family of drugs currently in animal testing. The compounds, caspase activators, are small molecules that can trigger cell suicide in cancer cells. Bothell, WA-based Sonus (NASDAQ: [[ticker:SNUS]]) has … Continue reading “Sonus Obtains License From Bayer to Develop Cancer Drugs”
Daily TIPs: Chertoff Chats, Scammers Scam Scammers, Cloud Consortium, & More
No Honor Among Internet Thieves Even phishers—people who fake legitimate-seeming sites to trick people out of their financial information—are subject to phishing attacks, according to the Wall Street Journal. Apparently more seasoned scam artists are targeting newbie hackers and stealing the same credit card numbers they steal. For instance, they’ll sell would-be criminals software to … Continue reading “Daily TIPs: Chertoff Chats, Scammers Scam Scammers, Cloud Consortium, & More”
Will Popcuts Out-Surrge Surrge with Music Rewards Program?
The news in TechCrunch last night about the public beta launch of Popcuts, a startup founded by Cambridge, MA- and Mountain View, CA-based Y Combinator that proposes to reward music buyers by giving them a slice of the revenue every time someone else buys a song they already bought, sounded awfully familiar. Then it came … Continue reading “Will Popcuts Out-Surrge Surrge with Music Rewards Program?”
Bain Leads $10M TokBox Deal
Boston’s Bain Capital Ventures led a $10 million Series B financing for San Francisco-based TokBox, a provider of free online video calling services. Joining the round was Sequoia Capital, which led the startup’s first round of funding.
If You Can Beat BeatThat.com’s Prices, They’ll Pay You
For many online shoppers, no sooner have they hit the “buy” button than they’re struck by angst over whether they missed out on a better deal at another site. But at BeatThat.com, a consumer electronics shopping site that emerged from beta testing yesterday, there’s less reason to worry: the site digs up the Web’s best … Continue reading “If You Can Beat BeatThat.com’s Prices, They’ll Pay You”
Software Startups No Longer Need As Much Venture Capital, Says Founder of RescueTime
Venture financing—who needs it? Not early-stage software and Web startups, if you ask Tony Wright. I sat down with the serial entrepreneur and founder of Seattle-based RescueTime yesterday, and he had some intriguing thoughts about recent trends in the innovation community. “The nature of VC is changing,” he said. “The notion of a ‘big launch’ … Continue reading “Software Startups No Longer Need As Much Venture Capital, Says Founder of RescueTime”
Amgen Looks to Biomarkers to Boost Its Batting Average in Developing New Drugs
Amgen had an epiphany of sorts a little more than four years ago. The world’s largest biotech company decided clinical trials had become too much of a crapshoot, and it needed to shake up its way of developing new drugs. This really isn’t unique to Amgen, it’s more like an industry emergency. Drug companies spent … Continue reading “Amgen Looks to Biomarkers to Boost Its Batting Average in Developing New Drugs”
Vertiflex, Inc. Receives $28,300,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a881ecb3-3d00-4a31-9df8-5b7a19f6464b&Preview=1 Date 8/7/2008 Company Name Vertiflex, Inc. Mailing Address 1954 Kellogg Avenue Carlsbad, CA 92008 Company Description Founded in Carlsbad, California in 2005, VertiFlex is dedicated to the creation, development and marketing of stabilization and motion preserving solutions for disorders of the spine. We are committed to delivering innovative products of superior … Continue reading “Vertiflex, Inc. Receives $28,300,000 Series C Funding Round”
TokBox Secures $10,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dfa30f87-9b06-4ecb-97e7-26fcc496f08b&Preview=1 Date 8/7/2008 Company Name TokBox Mailing Address 128 King St 3rd Floor San Francisco, CA 94107 Company Description Tokbox is a free service that lets you talk with your friends over live video. Here’s how it works: you sign up and we give you a link. When you want to talk … Continue reading “TokBox Secures $10,000,000 Series B Financing”
Brilliant Telecommunications Garners $11,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fc24e3b6-5f60-4b53-8ab6-950e761d5ae4&Preview=1 Date 8/7/2008 Company Name Brilliant Telecommunications Mailing Address 307 Orchard City Drive Campbell, CA 95008-2949 Company Description Brilliant Telecommunications, Inc. is a privately held company founded in 2004 and is located in Campbell, California. Brilliant has developed a variety of innovative products, specifically designed to address the complex and ever-changing timing … Continue reading “Brilliant Telecommunications Garners $11,000,000 Series B Financing Round”
Verdiem Encourages the “Greening” of Personal Computers, Starting with Yours
I’ll admit it. The planet would be better off if you stopped reading this and shut down your computer. That’s because your desktop or laptop PC wastes roughly half the energy it consumes and puts out 1,000 pounds of carbon dioxide per year. Multiply that by something like a billion PCs worldwide, and you get … Continue reading “Verdiem Encourages the “Greening” of Personal Computers, Starting with Yours”
Alnylam’s In the Money: Expects $500 Million in Bank at Year-End
Alnylam Pharmaceuticals is building one big cash horde for a company with no moneymaking products. The Cambridge, MA-based biotech company said today that it expects to sign two or more “major new alliances” in the next six to 18 months, and it is now telling Wall Street it will have $500 million in cash in … Continue reading “Alnylam’s In the Money: Expects $500 Million in Bank at Year-End”
Genzyme, Isis Start Pivotal Trial for High Cholesterol
Cambridge, MA-based Genzyme (NASDAQ: [[ticker:GENZ]]) and its partner, Carlsbad, CA-based Isis Pharmaceuticals (NASDAQ: [[ticker:ISIS]]), said today they have started a pivotal clinical trial for patients with a genetic disorder that causes exceptionally high levels of cholesterol. The study will enroll 100 patients in the U.S. and Canada, to take 200 milligrams of the experimental drug … Continue reading “Genzyme, Isis Start Pivotal Trial for High Cholesterol”
Daily TIPs: Noisier Hybrids, the MySpace Debates, Energy Bubble, & More
Internet Deluge Not Likely, Study Finds Some Internet service providers are worried that the growing demand for large files, such as videos, is going to produce more data traffic than the Internet can handle. But one Internet expert says traffic growth rates are actually falling. Ars Technica reports that Andrew Odlyzko of the University of … Continue reading “Daily TIPs: Noisier Hybrids, the MySpace Debates, Energy Bubble, & More”
How To Save Microsoft, and Other Valuable Insights from Blist
OK, it’s taken me a few weeks, but I finally have a chance to highlight a couple of entries in a local blog I’ve been following. It’s from the guys at Blist, a Seattle startup that makes Web-based software that lets people manage large lists and databases as easily as a spreadsheet. That may not … Continue reading “How To Save Microsoft, and Other Valuable Insights from Blist”
$15M for Tetraphase
Tetraphase Pharmaceuticals of Watertown, MA, announced today that it has raised a $15 million second tranche of its $25 million Series A financing. The cash comes from Mediphase Venture Partners, CMEA Ventures, Fidelity Biosciences, Flagship Ventures, and Skyline Ventures, who backed the startup when it spun out of Harvard in 2006 to develop synthetic antibiotics, … Continue reading “$15M for Tetraphase”
Verenium, BP in $90 Million Ethanol Deal
Verenium (NASDAQ: [[ticker:VRNM]]), a Cambridge, MA-based biofuel firm, and BP, the United States’ largest oil and gas producer, announced a strategic partnership today under which Verenium will receive up to $90 million over the next year and a half for work on facilities producing low-cost cellulosic ethanol. Verenium controls the rights to a class of … Continue reading “Verenium, BP in $90 Million Ethanol Deal”
Alnylam’s Ebola Work Gets $7.5 Million Commitment
Alnylam Pharmaceuticals (NASDAQ: [[ticker:ALNY]]) said today that the National Institutes of Health has committed $7.5 million to continue funding another year of its program to develop RNA interference technology against hemorrhagic fever virus, including the deadly Ebola virus. The Cambridge, MA-based company originally got the contract in September 2006, and has received $14.2 million for … Continue reading “Alnylam’s Ebola Work Gets $7.5 Million Commitment”
In Coda to Robotic FX Lawsuit, iRobot Introduces Its Own Version of Negotiator Robot
The last time I saw a Negotiator robot was in a federal courtroom in Boston, where Jameel Ahed—the founder and CEO of Robotic FX and the defendant in an intellectual-property-theft lawsuit brought by his former employer, iRobot—was driving the nimble little device around the judge’s bench via remote control. Robotic FX lost that suit last … Continue reading “In Coda to Robotic FX Lawsuit, iRobot Introduces Its Own Version of Negotiator Robot”
Vertex Cystic Fibrosis Program on the Rise, Biogen and Partner Fall on Tysabri News, Alnylam Stakes RNAa IP Claim, & More Life Sciences News
Last week was a mixed one for Boston-area life sciences firms—Biogen Idec got the news the market’s been dreading, while several of its neighbors announced pipeline progress. —Shares of Cambridge, MA-based Biogen Idec (NASDAQ: [[ticker:BIIB]]) and Ireland’s Elan (NYSE: [[ticker:ELN]]) took a big hit on the news that two multiple sclerosis patients taking the companies’ … Continue reading “Vertex Cystic Fibrosis Program on the Rise, Biogen and Partner Fall on Tysabri News, Alnylam Stakes RNAa IP Claim, & More Life Sciences News”
ZymoGenetics Drug Getting Off to Slow Start in Marketplace
ZymoGenetics executives have been tamping down sales expectations for months about the company’s first marketed product, and they weren’t kidding. Recothrom, a genetically engineered treatment for surgical bleeding approved by the FDA in January, eked out $1.4 million in net sales in the second quarter, the company said yesterday. Even Kevin DeGeeter, an analyst with … Continue reading “ZymoGenetics Drug Getting Off to Slow Start in Marketplace”
Intelligent Beauty Inc. Garners $43,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=92ddc1c9-fc3f-454c-a30a-0f23d45716ea&Preview=1 Date 8/6/2008 Company Name Intelligent Beauty Inc. Mailing Address 2301 Rosecrans Avenue Manhattan Beach, CA 90245 Company Description The beauty industry is rapidly changing and evolving. Consumers are better educated and more concerned about the products they use. As the line between science and beauty continues to fade, consumers insist upon … Continue reading “Intelligent Beauty Inc. Garners $43,000,000 New Funding”
Skygrid Secures $11,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3f71dcc7-851e-48d9-8979-2cc175deba82&Preview=1 Date 8/6/2008 Company Name Skygrid Mailing Address 1200 Crossman Ave. 2nd Floor Sunnyvale, CA 94089 Company Description Established in 2005, SkyGrid is an innovative financial platform for hedge fund managers, portfolio fund managers, and research analysts. Website http://www.skygrid.com Transaction Type Venture Equity Transaction Amount $11,000,000 Transaction Round Series B Proceeds Purposes … Continue reading “Skygrid Secures $11,000,000 Series B Round”
Ankeena Networks Garners $8,700,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=76e98735-7527-493a-ac1f-31bc24a04589&Preview=1 Date 8/6/2008 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 Garners $8,700,000 Series A Financing”
Eye-Fi Obtains $11,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c696976f-e1a5-4275-a53b-4c1c7178926d&Preview=1 Date 8/6/2008 Company Name Eye-Fi Mailing Address 305 W. Evelyn Avenue Mountain View, CA 94041 Company Description Eye-Fi provides the first and only effortless way to send images directly from your camera to a host of destinations, including a computer, and online photo and social networking sites for instant sharing. It’s … Continue reading “Eye-Fi Obtains $11,000,000 Series B Financing Round”
Amobee Media Systems Secures New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3a092ed6-3935-48f7-958d-88202250cf54&Preview=1 Date 8/6/2008 Company Name Amobee Media Systems Mailing Address 3 Twin Dolphin Drive Redwood City, CA 94065 Company Description Amobee Media Systems has built and designed the first and only telco-grade ad-serving solution 100% dedicated to mobile operators, allowing them to ad-fund all non-voice related applications and services: WAP Browsing, Video … Continue reading “Amobee Media Systems Secures New Round”
Novo Nordisk Returning to Seattle, Hiring 80 People by 2010
Novo Nordisk, the world’s biggest insulin producer for diabetes, apparently has a thing for Seattle. The Denmark-based drug maker is establishing a new research site in Seattle, that aims to employ 80 people by 2010, according to this job posting at nwsource.com. The news, first reported by the Seattle P-I’s Joe Tartakoff, represents a bit … Continue reading “Novo Nordisk Returning to Seattle, Hiring 80 People by 2010”
VideoSchmooze: Boston
From the event listing at Eventbrite: “Did you know Boston is the epicenter of the broadband video world, home to more exciting startups and established companies that are changing the video landscape than anywhere else in the country? Come to VideoNuze’s VideoSchmooze, the first event of its kind bringing together the executives, entrepreneurs, investors, and … Continue reading “VideoSchmooze: Boston”
Sierra Wireless Buys Junxion’s Assets
Vancouver, BC-based Sierra Wireless, a maker of modems and wireless software, announced today that it is purchasing the assets of Seattle-based Junxion. Financial terms were not disclosed. Junxion makes wireless-router products for corporate and government customers.
Life Sciences Discovery Fund Awards $5 Million of Grants to Six Researchers
Washington state’s Life Sciences Discovery Fund has awarded six grants to researchers totaling $5 million, the agency said today. Grant winners are Clifford Berkman and Diane Cook of Washington State University, and Eberhard Fetz, Cecilia Giachelli, Pierre Mourad, and Patrick Stayton of the University of Washington. The grants will fuel a variety of projects that … Continue reading “Life Sciences Discovery Fund Awards $5 Million of Grants to Six Researchers”
Investing in the New Electricity Economy—A Primer
There’s a revolution coming in electric power. Passive, one-way power distribution will become a marketplace with real-time transactions. Centralized will become networked. Demand will become supply. And large-scale energy storage will finally become a reality. So what does all this mean for companies and investors? That’s the topic of a 55-page white paper prepared by … Continue reading “Investing in the New Electricity Economy—A Primer”
Daily TIPs: Hydrogen Sports Car, Broadband in Every Pot, Wi-Fi in Flight, & More
Hydrogen-powered Sports Car on the Way The prototype of a sports car that burns a mixture of gasoline and hydrogen should be ready by November, according to Earth2Tech. Ronn Motors, of Austin, TX, plans to unveil its Scorpion sports hybrid, with a body made of carbon fiber, in Las Vegas. The company is also working … Continue reading “Daily TIPs: Hydrogen Sports Car, Broadband in Every Pot, Wi-Fi in Flight, & More”
Clinical Data Acquires Adenosine To Expand Drug Pipeline
Clinical Data, the Newton, MA-based maker of diagnostic tests, said today it has acquired Adenosine Therapeutics to expand its roster of drug candidates in cardiology, diabetes, inflammatory diseases, and sickle cell anemia. Clinical Data (NASDAQ: [[ticker:CLDA]]) agreed to pay $11 million in cash for the Charlottesville, VA-based Adenosine, and also entered into a $22 million, … Continue reading “Clinical Data Acquires Adenosine To Expand Drug Pipeline”
Elastra Raises $12M from Amazon, Others
San Francisco-based Elastra, a cloud-computing software company, announced today that it has raised $12 million in Series B financing. Amazon (NASDAQ: [[ticker:AMZN]]) was a new investor, while the round was led by Bay Partners. Amazon Web Services has provided infrastructure support for companies to do cloud computing for more than two years.
Helicos Forms Collaboration with Uppsala University Researchers
Helicos Biosciences, (NASDAQ: [[ticker:HLCS]]) the Cambridge, MA-based maker of genetic analysis tools, said today that a genomics research group at Sweden’s Uppsala University has agreed to collaborate with the company’s scientists to examine changes in the nucleus of cells when they are exposed to growth factor proteins. Separately, the company announced that a U.S. cancer … Continue reading “Helicos Forms Collaboration with Uppsala University Researchers”