Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9bf4f155-4a51-4b19-99e8-074b998e27c2&Preview=1 Date 7/11/2008 Company Name ContentNext Media Mailing Address Undisclosed Los Angeles, CA 94000 Company Description ContentNext Media is the parent compan to paidContent.org, a prominent news blog. Website http://www.paidcontent.org Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms were not disclosed.
Opnext Acquires StrataLight Communications for $172,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f418eb55-0327-4b16-9082-844eb08a5264&Preview=1 Date 7/11/2008 Company Name StrataLight Communications Mailing Address 151 Albright Way Los Gatos, CA 95032 Company Description StrataLight Communications develops innovative fiber transmission subsystems for use by carriers in building next-generation long-haul optical networks. Website http://www.stratalight.com/ Transaction Type M&A Transaction Amount $172,000,000 Transaction Round Proceeds Purposes M&A Terms Under the terms … Continue reading “Opnext Acquires StrataLight Communications for $172,000,000”
Calistoga Starts First Clinical Trial of Cancer Drug
Calistoga Pharmaceuticals, a Seattle biotech startup backed by Frazier Healthcare Ventures, said today it has started its first test in humans of its lead drug candidate for patients with blood cancers. The treatment, a small-molecule compound called CAL-101, is designed to block the PI3 kinase, which controls cell growth and survival signals. The trial will … Continue reading “Calistoga Starts First Clinical Trial of Cancer Drug”
Impinj Acquires Intel’s RFID Business, Strengthens Hold on Tracking Technologies (Especially Chips)
Last month we reported that Seattle-based Impinj, a prominent maker of radio-frequency identification (RFID) technologies, had sold off its memory business to focus on its core RFID products. Now the company has announced that it is acquiring Intel’s RFID business, which specializes in making chips for smaller-size applications like handheld readers. It’s a “huge step … Continue reading “Impinj Acquires Intel’s RFID Business, Strengthens Hold on Tracking Technologies (Especially Chips)”
EO University Boston
The Entrepreneurs’ Organization’s EO University Boston is about Revolutionary Ideas. The packed agenda includes speakers as diverse as Bill Aulet, Senior Lecturer at MIT’s Sloan School of Management, and Jim Craig, the goalie for the U.S. Miracle on Ice Olympic Hockey Team. Scheduled events range from offsite Learning programs to breakout sessions on business strategies … Continue reading “EO University Boston”
North Shore Web Geeks
From their web site: North Shore Web Geeks is a monthly meetup for web folks north of Boston, MA…. about all things web, from Facebook to standards compliance, startups to Apple and everything in between. Our meetups attract all sorts of people from the web community including developers, designers, managers, SEO specialists, agency folk, freelancers, … Continue reading “North Shore Web Geeks”
Tech Cocktail Boston 2
Xconomy attended Tech Cocktail Boston 1 back in September and came away with ringing ears and a collection of business cards. Sign up early—the last one had a waiting list. More information and signup here.
Apple Launches iPhone App Store Ahead of Schedule; Boston and Seattle Startups Featured
Apple had promised to unveil the new App Store section of iTunes—where, for the first time, iPhone and iPod Touch owners will be able to get third-party applications for their devices—on July 11, the same day that the new iPhone 3G goes on sale. But in a typical bit of Apple surprise marketing, the App … Continue reading “Apple Launches iPhone App Store Ahead of Schedule; Boston and Seattle Startups Featured”
Daily TIPs: Spam Survives, Where’s Windy, Reduced Voltage, & More
Little Headway Gained Against Spam and Malware A report from Commtouch, a maker of antimalware, says the amount of spam on the Internet remains fairly constant, despite the efforts of companies to counter it. Botnets, in which viruses infect computers and allow them to be used to dispatch spam, continue unabated, says Ars Technica, with … Continue reading “Daily TIPs: Spam Survives, Where’s Windy, Reduced Voltage, & More”
From Rags to Riches—Money-Paper Maker Crane Accepts First Investment
Could anything be a more secure investment than buying into the very paper that dollars and a bunch of other currencies are printed on? The over-200-year-old Crane & Co paper mill in Dalton, MA, has manufactured paper for U.S. dollar bills since 1879. Up until now, the company has been family-owned. But in order to … Continue reading “From Rags to Riches—Money-Paper Maker Crane Accepts First Investment”
Targeted Genetics Gets Recommended for up to $2.4 Million Government Grant
Targeted Genetics, the Seattle-based biotech company, said today it has been recommended for a grant worth as much as $2.4 million from the U.S. Department of Defense to develop a treatment for amyotrophic lateral sclerosis, or Lou Gehrig’s disease. Targeted Genetics (NASDAQ: [[ticker:TGEN]]) plans to develop a conventional small-molecule drug for animal tests against the … Continue reading “Targeted Genetics Gets Recommended for up to $2.4 Million Government Grant”
Alerts.com Raises $1.2M
Bellevue, WA-based Alerts.com has raised $1.2 million in financing, led by Monster Venture Partners, also in Bellevue. Alerts.com is a service for receiving and managing reminders, news, stock quotes, and other online information. Its public beta version launched last month.
GSI’s $360M Purchase Sets Laser Firms on Coherent Path
Billerica, MA-based GSI Group (NASDAQ: [[ticker:GSIG]]) announced today that it will buy Excel Technology, (NASDAQ: [[ticker:XLTC]]) of East Setauket, NY, for $360 million in cash. Both companies produce lasers and laser systems and have operations in numerous locations around the world.
Aspect Acquires BlueNote Networks
Chelmsford, MA-based Aspect Software, which makes call center equipment and software, said yesterday that it has bought most of the assets of BlueNote Networks, a Tewksbury, MA, company with technology that helps companies integrate Internet-based communications into their existing business software. Aspect CEO Jim Foy said the acquisition would help Aspect’s customers treat their call … Continue reading “Aspect Acquires BlueNote Networks”
Spire Aspires to Greater Things with $9 Million Infusion
Spire.com, the Boston-based social networking site for the affluent—not be confused with Bedford, MA-based photovoltaic equipment maker Spire Corporation—said this week that it has raised $9 million in Series A venture financing, in a round led by Hearst Interactive Media, Trident Capital, TL Ventures and private investors. The company, whose network is aimed at high-net-worth … Continue reading “Spire Aspires to Greater Things with $9 Million Infusion”
MIT and Harvard Profs Team with BlackBerry Lawsuit Lawyers in Patent Suit Against Affymetrix—Could MIT Get Caught in the Middle?
It’s an impressive and even intimidating group. Two world-renowned professors, one from MIT, the other from Harvard Medical School; MIT itself; and the lawyers who won a $612 million settlement from Research in Motion, the Blackberry folks. They’ve joined forces in a patent lawsuit, filed without fanfare last week in federal court, against one of … Continue reading “MIT and Harvard Profs Team with BlackBerry Lawsuit Lawyers in Patent Suit Against Affymetrix—Could MIT Get Caught in the Middle?”
Big Drugmakers Pool Resources, Creating New Company Built to Improve R&D
Three of the world’s biggest drugmakers can agree on this—the research and development model for creating new drugs needs a serious kick in the rear. Pfizer, Merck, and Eli Lilly, through a collaboration hatched by Boston-based PureTech Ventures, have agreed to put $39 million into a new Boston company called Enlight Biosciences, whose job will … Continue reading “Big Drugmakers Pool Resources, Creating New Company Built to Improve R&D”
Top-Ranked Web Startups Don’t Get the Most Funding, Says Founder of Sampa
Earlier this week I saw Marcelo Calbucci’s monthly “Seattle Startup Index” on his blog, Seattle 2.0, and I was a bit puzzled. There are 299 local websites on his list, ranked using Alexa and Compete—services that estimate Web traffic numbers by extrapolating from the browsing behavior of users of Alexa and Compete’s toolbars. The top … Continue reading “Top-Ranked Web Startups Don’t Get the Most Funding, Says Founder of Sampa”
Spiration, Uptake Medical Vying to Develop Better Emphysema Treatment
Not many innovations have come along lately for patients with emphysema, a deadly lung disease. There are inhalers, supplemental oxygen, and, if you’re in really bad shape, a risky surgery to cut out damaged lung tissue. Now two competing Seattle-area medical device companies are in the hunt to change the standard of care, with less … Continue reading “Spiration, Uptake Medical Vying to Develop Better Emphysema Treatment”
MIT-Supported Energy Institute at Center of Abu Dhabi’s Dream City
During the last academic year, the entire faculty of a brand new university has enrolled at MIT, immersing themselves in the institute’s culture, values, and way of doing research. They are the staff of the Masdar Institute of Science and Technology in Abu Dhabi, which will admit its first post-graduate students in 2009. The institute … Continue reading “MIT-Supported Energy Institute at Center of Abu Dhabi’s Dream City”
Aspect Software Acquires BlueNote Networks for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a746c382-3c61-4faf-85f4-e32906a55f37&Preview=1 Date 7/10/2008 Company Name BlueNote Networks Mailing Address 3 Highwood Drive Tewksbury, MA 01876 Company Description BlueNote Networks is pioneering the collision of real-time interactive communications with service oriented architectures (SOA) by delivering the first enterprise-class interactive communication platform. Website http://www.bluenotenetworks.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes … Continue reading “Aspect Software Acquires BlueNote Networks for Undisclosed Sum”
Alerts.com Garners $1,200,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=00712b4b-3412-4d7d-8352-25cd3c2db690&Preview=1 Date 7/10/2008 Company Name Alerts.com Mailing Address 155 108th Avenue NE Bellevue, WA 98033 Company Description Alerts.com is your personal information management destination where you are in control of the information you need. With Alerts.com you get updated news, the latest results of your favorite team or player, birthday or party … Continue reading “Alerts.com Garners $1,200,000 New Financing”
NexPlanar Corporation Secures $14,500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd63c741-5b9d-4764-b3d2-e0dce96989e8&Preview=1 Date 7/10/2008 Company Name NexPlanar Corporation Mailing Address 7425 NW Evergreen Parkway Hillsboro, OR 97124 Company Description NexPlanar builds the next generation of chemical mechanical planarization (CMP) pads for the semiconductor device industry. Our propriety nano-domain technology coupled with patented molded grooves and the unique ability to tune the pads results … Continue reading “NexPlanar Corporation Secures $14,500,000 New Funding Round”
Plimus, Inc. Lands $18,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=70bbaad3-ed0d-412b-8ea2-05fb01ed73eb&Preview=1 Date 7/10/2008 Company Name Plimus, Inc. Mailing Address 3830 Valley Centre Dr San Diego, CA 92130 Company Description Plimus started with a simple idea: help companies grow their e-business through an efficient and cost-effective e-commerce backbone. Website http://www.plimus.com Transaction Type Venture Equity Transaction Amount $18,000,000 Transaction Round Undisclosed Proceeds Purposes The … Continue reading “Plimus, Inc. Lands $18,000,000 New Financing Round”
Shopflick Secures $7,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cb9d5f13-511a-4815-870a-e024b655c52b&Preview=1 Date 7/10/2008 Company Name Shopflick Mailing Address Undisclosed Los Angeles, CA 90000 Company Description We are committed to creating the best and most entertaining shopping experience on the web for indie-inspired goods. We draw from our passionate community of independent merchants, designers and manufacturers. Website http://www.shopflick.com Transaction Type Venture Equity Transaction … Continue reading “Shopflick Secures $7,000,000 Series A Funding”
Plimus Lands $18,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=70bbaad3-ed0d-412b-8ea2-05fb01ed73eb&Preview=1 Date 7/10/2008 Company Name Plimus Mailing Address 1777 N. Milpitas Blvd. Milpitas, CA 95035-2730 Company Description Plimus started with a simple idea: help companies grow their e-business through an efficient and cost-effective e-commerce backbone. Website http://www.plimus.com Transaction Type Venture Equity Transaction Amount $18,000,000 Transaction Round Undisclosed Proceeds Purposes The capital will … Continue reading “Plimus Lands $18,000,000 New Round”
Trulia Receives $15,000,000 Series D Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d87ea2f-82e7-4ae3-a835-3a7cc408eaee&Preview=1 Date 7/10/2008 Company Name Trulia Mailing Address 208 Utah Street San Francisco, CA 94103 Company Description We are a real estate search engine that helps you find homes for sale and provides real estate information at the local level to help you make better decisions in the process. We aim to … Continue reading “Trulia Receives $15,000,000 Series D Financing”
Graspr Obtains $2,500,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=55dbf02c-195f-4d2a-ab9c-4014b6ca7386&Preview=1 Date 7/10/2008 Company Name Graspr Mailing Address 79 E Evelyn Ave Mountain View, CA 94041 Company Description Graspr is an online video community that offers high quality instructional content on a wide range of topics. Our mission is to make the world a smarter place by bringing together people who possess … Continue reading “Graspr Obtains $2,500,000 Series A Funding Round”
Zend Technologies Lands $7,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3790e8d0-5833-4f04-8d1e-c28c97d5dada&Preview=1 Date 7/10/2008 Company Name Zend Technologies Mailing Address 19200 Stevens Creek Blvd. Cupertino, CA 95014 Company Description Zend Technologies, Inc., the PHP company, is the leading provider of products and services for developing, deploying and managing business-critical PHP applications. Website http://www.zend.com Transaction Type Debt Transaction Amount $7,000,000 Transaction Round Undisclosed Proceeds … Continue reading “Zend Technologies Lands $7,000,000 New Round”
Cell Therapeutics Gets a Win on Capitol Hill, Zevalin Reimbursement To Remain Same
Cell Therapeutics got its way in Washington DC today. The Senate voted 69-30 in favor of a Medicare bill that includes a provision extending the current reimbursement rate for doctors who prescribe Zevalin, a drug for non-Hodgkin’s lymphoma, which happens to be the Seattle biotech company’s sole marketed product. Medicare had proposed a new reimbursement … Continue reading “Cell Therapeutics Gets a Win on Capitol Hill, Zevalin Reimbursement To Remain Same”
Daily TIPs: Bad Biofuels, Chatty Hospital Machines, Hot LEDs, A Wind-Loving Oilman, & More
Hospitals Want Machines to Talk to One Another Hospitals are taking on a vast array of new high-tech medical devices, but because the machines can’t interface, an opportunity to improve patient care is being lost. Now, Technology Review tells us, the Medical Device Interoperability Program at Massachusetts General Hospital is looking at ways devices can … Continue reading “Daily TIPs: Bad Biofuels, Chatty Hospital Machines, Hot LEDs, A Wind-Loving Oilman, & More”
nPost Networking Event for Tech Startups
Come on down to the Columbia City Theater for an evening of mingling with tech entrepreneurs, VCs, and angel investors. It’s hosted by Nathan Kaiser and nPost, and the first 100 attendees get free beer tickets. Catch company demos from Catch the Best, Pelago, TimeLope, HomeSavvi, ClayValet, and others. Sponsors include Sun Microsystems, Silicon Valley … Continue reading “nPost Networking Event for Tech Startups”
DimDim Raises $6 Million
DimDim, a Boston startup that has created a free, open-source, Web-based multimedia conferencing system as an alternative to paid services such as WebEx, said today that it has raised $6 million in Series B venture financing. Existing investors Index Ventures, Nexus India Capital, and Draper Richards led the round, which expands on a $2.4 million … Continue reading “DimDim Raises $6 Million”
MIT Enterprise Forum Names Richard Kivel as New Global Chair
The MIT Enterprise Forum, a networking organization for entrepreneurs, said today that Richard Kivel has been named as chairman of its global board of directors. Kivel, a member of the Enterprise Forum’s board since 2006, is the CEO of TheraGenetics, a personalized medicine company based in London. He replaces Joe Hadzima, managing director of Main … Continue reading “MIT Enterprise Forum Names Richard Kivel as New Global Chair”
The Camera is Watching You: VideoIQ Puts Smarts into Surveillance
Even before events like 9/11, the Madrid train bombings, and the London Underground bombings, governments and corporations were busy blanketing outdoor and indoor spaces with networked cameras, reasoning that video surveillance can help security professionals spot criminal activity in progress, or at least get it on tape. But there’s one big problem with the blanket … Continue reading “The Camera is Watching You: VideoIQ Puts Smarts into Surveillance”
Xeround Rounds Up $16M in Series B Round
Venture financing deals have been slow going into the dog days of summer. But today Xeround, a software startup based in Bellevue, WA, announced it has closed a Series B funding round worth $16 million. Ignition Partners and Trilogy Partnership, both also in Bellevue, led the round and were joined by previous investors Benchmark Capital … Continue reading “Xeround Rounds Up $16M in Series B Round”
A Tribute to Alex d’Arbeloff, Boston Innovator and Visionary
I was very sad to learn that Alex d’Arbeloff, one of the towering figures of New England innovation, passed away yesterday at the age of 80. In 1960, d’Arbeloff founded Teradyne with Nick DeWolf, a classmate from MIT. Working initially in a rented space above a downtown Boston hot dog stand, d’Arbeloff helped build the … Continue reading “A Tribute to Alex d’Arbeloff, Boston Innovator and Visionary”
Look Who’s Coming to the Investment Dinner—Diversity Increasing in Venture Capital, But Barely
The typical venture capital investor is still a white, middle-aged man. But the picture might be changing, albeit at a slow pace, according to a report released yesterday by Dow Jones and the National Venture Capital Association. In fact, the report notes, the percentage of VCs with ethnic backgrounds other than Caucasian is already slightly … Continue reading “Look Who’s Coming to the Investment Dinner—Diversity Increasing in Venture Capital, But Barely”
Genocea Teams With Nonprofit PATH on Vaccine for Children in Developing World
Genocea Biosciences is aiming to upstage the best-selling vaccine ever. The Cambridge, MA-based biotech startup, through funding from Seattle-based PATH, a nonprofit that supports global health technologies, has started pursuing a next-generation pneumococcus vaccine that may offer broader protection to infants in the developing world than Prevnar, a vaccine made by drug giant Wyeth, and … Continue reading “Genocea Teams With Nonprofit PATH on Vaccine for Children in Developing World”
Boston Scientific Wins Stent Approval, Resolvyx Moves Closer to Fish-Oil Drug Trials, Codon Cuts Algae Fuel Deal, & More Life Sciences News
One of the things I find most interesting about New England life sciences firms is the diversity of the technologies they are commercializing. This week’s news from the sector illustrates that nicely. —Boston Scientific (NYSE: [[ticker:BSX]]) won FDA approval for a new type of drug-coated artery-propping stent. The device, called Promus, is manufactured by Abbott … Continue reading “Boston Scientific Wins Stent Approval, Resolvyx Moves Closer to Fish-Oil Drug Trials, Codon Cuts Algae Fuel Deal, & More Life Sciences News”
Ceradyne Acquires SemEquip Inc. for $25,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=992e2cc1-21a2-48e5-b659-c488a8dad55a&Preview=1 Date 7/9/2008 Company Name SemEquip Inc. Mailing Address 34 Sullivan Road North Billerica, MA 01862-2000 Company Description SemEquip, Inc. is a technology leader in the development of ion implantation systems and advanced ion source materials for the manufacture of logic and memory chips. SemEquip’s technologies enable the utilization of cluster beam … Continue reading “Ceradyne Acquires SemEquip Inc. for $25,000,000”
Xeround Systems Receives $16,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6b7c5f5f-e244-430c-a6f6-1ddf69c6fdbf&Preview=1 Date 7/9/2008 Company Name Xeround Systems Mailing Address 15375 SE 30th Place Bellevue, WA 98007 Company Description Next-generation network services are a dramatic evolution in the carrier market. Over the next five years, Next Generation Networks (NGN) based on IP Multimedia Subsystems (IMS) reference architecture, will have almost entirely displaced all … Continue reading “Xeround Systems Receives $16,000,000 Series B Funding”
Perfect Market Technologies Receives $15,600,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8c4bea72-1531-48b4-94d0-e1563f10b2e3&Preview=1 Date 7/9/2008 Company Name Perfect Market Technologies Mailing Address 130 W. Union Street Pasadena, CA 91103 Company Description Perfect Market, Inc. is a marketing services company that helps online publishers monetize their large libraries of archived content with little or no risk to the publisher. The company applies proprietary processes to … Continue reading “Perfect Market Technologies Receives $15,600,000 New Funding”
Portola Pharmaceuticals Lands $60,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6efe72e0-083c-412b-a382-d096d2cd5809&Preview=1 Date 7/9/2008 Company Name Portola Pharmaceuticals Mailing Address 270 E. Grand Avenue South San Francisco, CA 94080 Company Description Portola Pharmaceuticals, Inc. is a private biopharmaceutical company dedicated to the discovery, development and commercialization of novel therapeutics for acute and chronic cardiovascular and vascular disease. Portola has two drug candidates in … Continue reading “Portola Pharmaceuticals Lands $60,000,000 New Round”
Mevio Garners $15,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=232ad712-8e65-432e-bd9e-ff3eddb0c0a4&Preview=1 Date 7/9/2008 Company Name Mevio Mailing Address 577 2nd Street San Francisco, CA 94107 Company Description MEVIO hosts networks of personality-driven episodic entertainment to best engage our customers-comprised of viewers, producers, advertisers and partners. MEVIO is one of the fastest growing entertainment sites on the web. Website http://www.mevio.com Transaction Type Venture … Continue reading “Mevio Garners $15,000,000 Series C Financing”
Imagekind Acquired by CafePress
Imagekind, a Seattle-based online marketplace for user-generated art, announced that it has agreed to be acquired by CafePress, best known for its customized T-shirts. The deal is worth $15-20 million, according to VentureBeat, the Seattle P-I, and others.
Daily TIPs: Space Mirrors, Gassy Microbes, 120 in the Shade, & More
Crashes a Big Deal for Web Businesses A few years ago, if a site like eBay went down for a couple of hours, it wasn’t such a big deal, because the number of users was relatively small. But as the New York Times points out, retailers are becoming more dependent on Web traffic, so a … Continue reading “Daily TIPs: Space Mirrors, Gassy Microbes, 120 in the Shade, & More”
Icahn and Ballmer Strengthen Case for a Microsoft Takeover of Yahoo, but Lose Some Respect
It reminds me of a playground tug-of-war between little kids. Only there’s $40 billion-plus at stake. In any case, the Microsoft-Yahoo battle is heating up again, and this time things could really get nasty. As you might have noticed, there has been a huge flurry of activity and coverage over the past day or so, … Continue reading “Icahn and Ballmer Strengthen Case for a Microsoft Takeover of Yahoo, but Lose Some Respect”
Rising Above the Virtualization Drumbeat
TiE-Boston’s Software SIG sponsors an evening debate on the potential and pitfalls of virtualization. From the event website: “Network World rates Virtualization as the hottest technology for 2008. Even after the recent market collapse, VMWare boasts a market cap of $25B with projected 2008 sales of $2B. Citrix acquired XenSource last year for over $500M … Continue reading “Rising Above the Virtualization Drumbeat”
Highland Backs Custom Jewelry Maker
Boston-based Paragon Lake, a two-year-old customized jewelry maker that emerged from the Summer@Highland incubator program at Lexington, MA-based Highland Capital Partners, said today that it has raised $5.8 million in Series A funding from Highland and Westport, CT-based Canaan Partners. The startup’s Web-based platform helps jewelers create CAD specifications for custom rings, earrings, and pendants … Continue reading “Highland Backs Custom Jewelry Maker”