XPD Media Obtains $2,000,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=883caf8a-e2f3-460c-ac9f-aebe1effaf78&Preview=1 Date 7/2/2008 Company Name XPD Media Mailing Address 180 Brennan Street Apartment 316 San Francisco, CA 94107 Company Description XPD Media is a multi-platform gaming company. Website Undisclosed Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor True … Continue reading “XPD Media Obtains $2,000,000 Series A Round”

UpTake Networks Receives $3,950,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b6a2a017-1d7d-4418-9221-cd6b5961a900&Preview=1 Date 7/2/2008 Company Name UpTake Networks Mailing Address 654 High Street Palo Alto, CA 94301 Company Description UpTake.com is a travel search and discovery site – the first step for travelers to decide where to go, where to stay or what to do. We help users make informed decisions about what … Continue reading “UpTake Networks Receives $3,950,000 Series A Round”

The Future of Online Video Ads, from Microsoft’s adCenter Labs

I had an interesting chat yesterday with Ying Shan, an applied researcher at Microsoft’s adCenter Labs in Redmond. Formed in 2006, the 120-strong lab is dedicated to researching and incubating new digital advertising technologies—primarily to compete with Google’s AdSense in the realm of online contextual ads. Shan, an expert in computer vision and machine learning, … Continue reading “The Future of Online Video Ads, from Microsoft’s adCenter Labs”

Daily TIPs: Bandwidth Trading, LED Standards, Curbing Cows, & More

Call Out for Next-Generation Web Standards The OpenAjax Alliance, an industry group trying to promote standards for the future of the Internet, is asking its members to vote for their favorite Web features and suggest ways of encouraging their spread. Ars Technica has its own suggestions of “things that need fixing” to secure the Web’s … Continue reading “Daily TIPs: Bandwidth Trading, LED Standards, Curbing Cows, & More”

Social Media Lead Generation: The Business of Using Blogs, Podcasts, Message Boards and Facebook

MITX sponsors a morning seminar on using social media tools for marketing. From the MITX event listing: “In a world where attention is scarce, where traditional marketing and sales efforts are not as effective as the past, social media tools are suddenly being taken seriously as effective ways to drive awareness, build relationships, and build … Continue reading “Social Media Lead Generation: The Business of Using Blogs, Podcasts, Message Boards and Facebook”

Progress Acquires Mindreef

Bedford, MA-based Progress Software, which makes software that allows companies to tie legacy business applications together into so-called service oriented architectures (SOA), said yesterday that it has acquired smaller competitor Mindreef. The Hollis, NH-based company, which makes software for building, testing, and maintaining SOA systems, had raised $4 million in a 2003 venture funding round … Continue reading “Progress Acquires Mindreef”

Thermo Fisher Acquires Open Biosystems for RNAi Technology

Thermo Fisher Scientific (NYSE: [[ticker:TMO]]) said today it has acquired Open Biosystems, a maker of RNA interference products for research and development of new drugs. Thermo, based in Waltham, MA, didn’t disclose the purchase price, although it did say Huntsville, AL-based Open Biosystems had $14 million in revenues in 2007. Open Biosystems specializes in short-hairpin … Continue reading “Thermo Fisher Acquires Open Biosystems for RNAi Technology”

Epix Resubmits Vasovist Application to FDA

Epix Pharmaceuticals (NASDAQ: [[ticker:EPIX]]) said today it has resubmitted an application to the Food and Drug Administration for marketing of Vasovist, and hopes to win approval to market the product in the U.S. by the end of 2008. The Lexington, MA-based company’s original application was filed in December 2003, and has been delayed by regulators’ … Continue reading “Epix Resubmits Vasovist Application to FDA”

Xconomy’s Cloud Computing Forum—Speaker Slides

Updated: A number of information-hungry attendees of our cloud computing event came up to me during and after the event to request that we post speaker slides. Only about half the speakers actually used slides, and for various reasons they weren’t always comfortable with posting them. But a few—starting with former IBM executive Irving Wladawsky-Berger … Continue reading “Xconomy’s Cloud Computing Forum—Speaker Slides”

Technology Alliance Tallies Up Economic Impact of Washington’s Tech Industry

We’re Number Four. That is, in terms of concentration of technology-based employment and R&D activity in the state, Washington ranks fourth in the nation (after Massachusetts, New Jersey, and Virginia), largely on the strength of its aerospace and software publishing industries. The concentration is defined as the number of jobs in a given sector relative … Continue reading “Technology Alliance Tallies Up Economic Impact of Washington’s Tech Industry”

At Mascoma, Taxpayers Foot Much of the Biofuel Bill

As part of a strategy to accelerate development of its biomass-to-ethanol technology, Cambridge, MA-based Mascoma appears to be sparking a little competition between state governments anxious to host the facilities that will bring the technology to market first. On Friday, Michigan Governor Jennifer Granholm announced an agreement between Mascoma, the Michigan Economic Development Corporation, forestry … Continue reading “At Mascoma, Taxpayers Foot Much of the Biofuel Bill”

ZymoGenetics Takes on First Debt. Deerfield Bets Recothrom Will Pay Dividends

ZymoGenetics is growing up. For the first time, the Seattle-based biotech company has raised capital by borrowing it, instead of following the usual industry playbook—getting it by selling more equity shares to investors. The latter technique, which creates more supply of available shares and therefore dilutes the value of existing ones, would certainly have raised … Continue reading “ZymoGenetics Takes on First Debt. Deerfield Bets Recothrom Will Pay Dividends”

Who’s Afraid of an IPO? Everybody, At the Moment

There are two main doors that a venture-backed company can go through to provide a payday for its early investors: go public, or get acquired. And for the time being, the first door has slammed shut. In the second quarter of 2008, which ended yesterday, there were no initial public offerings by venture-backed companies in … Continue reading “Who’s Afraid of an IPO? Everybody, At the Moment”

Providea Garners New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a4c1d71e-a104-4581-bdce-e8e88487df7f&Preview=1 Date 7/1/2008 Company Name Providea Mailing Address 801 Avenida Acaso Camarillo, CA 93012 Company Description Providea is a leading, single-source provider of cost-effective, tailored, end-to-end video communication solutions. We deliver only proven solutions comprised of the best in class network, video related equipment and services coupled with unparalleled customer support. Website … Continue reading “Providea Garners New Funding Round”

Apprion Receives $4,000,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2ca2a00d-1b6a-4e09-9652-4231961325a1&Preview=1 Date 7/1/2008 Company Name Apprion Mailing Address 1340 Space Park Way Mountain View, CA 94043 Company Description Apprion delivers wireless application network systems and services specifically designed for the process manufacturing industry. Accordingly, we have assembled a powerful team with extensive wireless and networking experience to develop products that address the … Continue reading “Apprion Receives $4,000,000 Series B Financing Round”

Agiliance Receives $10,000,000 Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=39efab0d-2ac4-4ad4-8bab-79d32ce572b9&Preview=1 Date 7/1/2008 Company Name Agiliance Mailing Address 2001 Gateway Place San Jose, CA 95110 Company Description Agiliance delivers the only solution that unifies Security Risk and Compliance management in one integrated offering. High-level dashboards and risk-based scores allow management and users to quickly understand the current security risk and compliance postures … Continue reading “Agiliance Receives $10,000,000 Series B Round”

Microsemi Corporation Acquires Powerset for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ee52d3dc-a280-4264-a4d3-690dbc406e3d&Preview=1 Date 7/1/2008 Company Name Powerset Mailing Address 475 Brannan St San Francisco, CA 94107 Company Description Powerset is a San Francisco company building a transformative consumer search engine based on natural language processing. Website http://www.powerset.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the … Continue reading “Microsemi Corporation Acquires Powerset for Undisclosed Sum”

The Washington Tech Industry’s Summer Celebration

Blue Skies. Warm Weather. Cold Beer. The Washington Technology Industry Association is planning its annual summer celebration on July 17th at the Pyramid Brewery Beer Garden in Seattle. Come take a swing at Pyramid’s seasonal beers and great chow – all in a casual, networking setting. There will also be a raffle to benefit Mariners … Continue reading “The Washington Tech Industry’s Summer Celebration”

Summer in Seattle

Summer in Seattle (SIS) focuses on the most pertinent and controversial issues in the field of cardiology, vascular, and neurovascular therapeutics. Utilizing small group formats to maximize interaction between faculty and attendees, SIS 2008 will feature concurrent four-hour educational sessions. These sessions will include didactic lectures, hands-on Cadaveric training and live case presentations transmitted simultaneously … Continue reading “Summer in Seattle”

Daily TIPs: Ethanol Policy, Data Security, Mercury Mop-Up, & More

Is Ethanol Policy Counterproductive? Citing a pair of wire stories, Salon asks whether current policies to promote the production of ethanol amount to bad economics. Federal ethanol mandates are driving up the price of corn, which makes it hard to make a profit by selling ethanol. High corn prices have driven about a dozen biofuel … Continue reading “Daily TIPs: Ethanol Policy, Data Security, Mercury Mop-Up, & More”

Alseres Raises $5 Million From Former Director, Robert Gipson

Alseres Pharmaceuticals, (NASDAQ: [[ticker:ALSE]]) a developer of neurological drugs and diagnostics, said today it raised $5 million in convertible debt from Robert Gipson, a General Partner of Ingalls & Snyder Value Partners, and a former director of the company. Gipson can convert the loan principal into shares of the company’s stock at $2.50 a share. … Continue reading “Alseres Raises $5 Million From Former Director, Robert Gipson”

Impinj Sells Memory Business to Virage Logic for $5.2M

Seattle-based Impinj, a maker of radio-frequency identification systems, has announced that it has sold its nonvolatile-memory intellectual property business to California-based Virage Logic for $5.2 million. Impinj will focus on its core business, which is developing RFID tags, readers, software, and antennas, while Virage Logic has hired the 30-odd Impinj employees who work on nonvolatile … Continue reading “Impinj Sells Memory Business to Virage Logic for $5.2M”

Boston VCs Beam $13 Million into California Firm Out to Bridge Cellular and WiFi Networks

Two Boston area venture capital firms, Castile Ventures and Battery Ventures, both of Waltham, MA, have invested big in Agito Networks, a mobile technology company based in Sunnyvale, CA, the companies announced today. Castile led the $13 Million series B round, which also includes Japan’s ITX International. Battery led Agito’s $9 million Series A round … Continue reading “Boston VCs Beam $13 Million into California Firm Out to Bridge Cellular and WiFi Networks”

Neopad Tech Raises $14 Million

Neopad Technologies, a nanotech company based in Hillsboro, OR, has raised some $14 million in Series C funding, according to Private Equity Hub, which cites a regulatory filing. Investors included InterWest Partners, BlueRun Ventures, Intel Capital, and SmartForest Ventures. Neopad develops polishing pads for semiconductor wafers.

.406 Ventures Leads Kaltura Series B Round

Boston-based venture firm .406 Ventures is the lead investor in a Series B funding round for Kaltura, a Brooklyn, NY-based startup that makes an open-source Internet video platform used by Wikipedia and other publications. The size of the round was not disclosed, but CNET reported that the company said it was “significantly larger” than the … Continue reading “.406 Ventures Leads Kaltura Series B Round”

Build Guild

From the Build Guild website: “Created by two Salem web geeks, Marc Amos & Angelo Simeoni, the Build Guild is a monthly event (Starting in July 2008, and occurring 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 … Continue reading “Build Guild”

Tech Tuesdays: Gadgets & Gatherings

Join your fellow geeks, tech savvy professionals, DIY-ers, press, and other industry luminaries for an informal gathering hosted by the Mass Technology Leadership Council at The Skellig in Waltham. Bring your laptops, robots, OLPC XO’s, Amazon Kindles, new cell phones, gadgets, and other new-fangled devices. LCD projector and wi-fi will be available for ad hoc … Continue reading “Tech Tuesdays: Gadgets & Gatherings”

Mobile Internet World

From the conference website: “Mobile Internet World attracts attendees from the entire mobile Internet ecosystem.  Executives from around the globe attend to learn about the state-of-the-art and state-of-the-practice of the mobile Internet, what role they can play and how they can profit from its opportunities…The first day, October 21 is the pre-conference day, which includes … Continue reading “Mobile Internet World”

ZymoGenetics Receives $100 Million Commitment From Deerfield

ZymoGenetics (NASDAQ: [[ticker:ZGEN]]) said today it has received a $100 million funding commitment from Deerfield Management, a biotech hedge fund. The Seattle-based company can draw the money in $25 million increments anytime over the next 18 months, and plans to use it to build its business with Recothrom, a drug for surgical bleeding. Deerfield will … Continue reading “ZymoGenetics Receives $100 Million Commitment From Deerfield”

What is Reed Sturtevant Up to in Microsoft’s Cambridge Development Lab?

Back in September, we talked to former Eons chief technology officer Reed Sturtevant just before his first day on the job as the head of a special Microsoft advanced development lab opening in Kendall Square, right next to MIT and a stone’s throw from Google’s own lab. An update late last year brought the news … Continue reading “What is Reed Sturtevant Up to in Microsoft’s Cambridge Development Lab?”

SpreadingScience, Web 2.0 Startup for Biologists, Aims To Get Drugmakers Talking

Richard Gayle is one of those rare individuals who can really carry a conversation with a molecular biologist and a software developer. He’s a Caltech-trained biochemist, with 16 years of experience at Seattle-based Immunex. While doing his wet-lab experiments, he built that company’s first Intranet in the early 1990s. Why? To make it easier for … Continue reading “SpreadingScience, Web 2.0 Startup for Biologists, Aims To Get Drugmakers Talking”

$37 Million for Nanotech Insulation, $25 Million for ImmunoGen, $325 Million for Evergreen Solar, & More Deals News

Aren’t things supposed to slow down in the summer? There was lots of dealmaking happening in New England last week, across life sciences and high-tech fields. —Northborough, MA-based Aspen Aerogels, which makes nanotech-based insulation, raised $37 million from Arcapita Ventures, Lehman Brothers Venture Partners, Reservoir Capital Group, and RockPort Capital Partners. —Waltham, MA-based ImmunoGen (NASDAQ: … Continue reading “$37 Million for Nanotech Insulation, $25 Million for ImmunoGen, $325 Million for Evergreen Solar, & More Deals News”

Emerging Healthcare Delivery Paradigm for the 21st Century

The current U.S. healthcare system faces serious challenges on multiple fronts. Although the United States is considered the best place for patients to obtain accurate diagnoses and high-quality treatment, nearly 45 million Americans do not have health insurance. Healthcare expenditure in the U.S. has more than doubled from $966 billion in 1994 to $2.2 trillion … Continue reading “Emerging Healthcare Delivery Paradigm for the 21st Century”

Skyhook Blends GPS, Cellular into Wi-Fi Location-Finding System

Imagine if Microsoft admitted that people might like to run the Macintosh operating system on their Windows computers. Or if Apple made it possible to run Windows alongside Mac OS X. (Oh wait, they already did that.) Well, that’s a little bit like what Boston’s Skyhook Wireless is announcing this week. After spending five years … Continue reading “Skyhook Blends GPS, Cellular into Wi-Fi Location-Finding System”

Going Wireless at the W: A Few Thoughts From a Mobile Mixer

On Thursday night I found myself at the too-hip W Hotel in downtown Seattle, taking in a paidContent mixer hosted by publisher Rafat Ali and mocoNews.net principal correspondent Tricia Duryee. The topic was “mobile advertising in a 4G world.” John Cook of the Seattle P-I did a nice writeup of the event, catching up with … Continue reading “Going Wireless at the W: A Few Thoughts From a Mobile Mixer”

Alice Therapeutics, Inc. Receives $300,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0484687b-d008-4b7e-9f2a-1713210e3783&Preview=1 Date 6/30/2008 Company Name Alice Therapeutics, Inc. Mailing Address Undisclosed Waltham, MA 02451 Company Description The company is developing biotechnology-based technologies. Website Undisclosed Transaction Type Venture Equity Transaction Amount $300,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Advanced Technology Ventures

Acumentrics Corporation Garners $1,254,600 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9a481c22-236e-47e1-849d-2474aa5d49b1&Preview=1 Date 6/30/2008 Company Name Acumentrics Corporation Mailing Address 20 Southwest Park Westwood, MA 02090 Company Description The company quickly became an industry leader in rugged AC and DC uninterruptible power supplies (UPS) for military and industrial power conditioning and backup. Our RuggedUPS products are trusted in punishing environments found in war, … Continue reading “Acumentrics Corporation Garners $1,254,600 New Financing”

Passport Systems Inc. Receives $2,670,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d9c3ecb4-6cf9-4244-a2f4-770412dd9dc6&Preview=1 Date 6/30/2008 Company Name Passport Systems Inc. Mailing Address 70 Treble Cove Road, 1st Floor Billerica, MA 01862 Company Description Passport was founded in December 2002 with the express purpose of commercializing NRF technology to solve one of the world’s most pressing security problems, the non-intrusive inspection of cargo containers. Website … Continue reading “Passport Systems Inc. Receives $2,670,000 New Funding”

Advanced Media Research Group, Inc. Secures $6,999,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0ab2115c-fea9-4001-834e-f3e7e06a87da&Preview=1 Date 6/30/2008 Company Name Advanced Media Research Group, Inc. Mailing Address 190 Queen Anne Avenue Seattle, WA 98109 Company Description BuddyTV is headquartered in the lovely city of Seattle, Washington, USA. Our goal is to bring entertainment and content closer to fans. We do this by providing original articles, news, spoilers, … Continue reading “Advanced Media Research Group, Inc. Secures $6,999,000 New Funding Round”

Aras Corporation Secures $1,625,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fc75786c-5b94-429e-bc46-7cc27b2096ab&Preview=1 Date 6/30/2008 Company Name Aras Corporation Mailing Address 300 Brickstone Square Andover, MA 01810 Company Description Aras Corporation is a provider of enterprise Product Lifecycle Management (PLM) software. Aras Innovator(TM) is an engineering business application suite with comprehensive out-of-the-box functionality that addresses the rigorous requirements of discrete manufacturing operations for divisions … Continue reading “Aras Corporation Secures $1,625,000 New Financing”

Parcxmart Technologies Receives $568,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7413396b-2df5-4198-958d-c0b9b640f794&Preview=1 Date 6/30/2008 Company Name Parcxmart Technologies Mailing Address 83 Lafayette Road, P.O. Box 365 Hampton Falls, NH 03844 Company Description The Parcxmart™ card and patent-pending payment solution is America’s first fully-functional parking and local merchant smart card payment system. Load and reload money onto the card, and cardholders have a convenient … Continue reading “Parcxmart Technologies Receives $568,000 New Financing”

Perlego Systems, Inc. Secures $2,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd3c1178-a60a-4f39-94e3-296c635abe2d&Preview=1 Date 6/30/2008 Company Name Perlego Systems, Inc. Mailing Address 3312 Rosedale St. Gig Harbor, WA 98335 Company Description Perlego Systems, Inc. is the only provider of end-to-end mobile device lifecycle management solutions that allow enterprises, resellers and device manufacturers to effectively manage deployed smart wireless devices, regardless of platform or carrier. … Continue reading “Perlego Systems, Inc. Secures $2,000,000 New Financing”

Ambric, Inc. Obtains $9,294,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b9a8f7b1-35fe-448a-8ec9-5ebbf825973e&Preview=1 Date 6/30/2008 Company Name Ambric, Inc. Mailing Address 15655 SW Greystone Ct. Beaverton, OR 97006 Company Description Ambric is a fabless semiconductor company developing a new type of software-programmable, high-performance IC platform based on the first practical programming model for massively-parallel embedded computing. Ambric’s products will help electronics companies accelerate time … Continue reading “Ambric, Inc. Obtains $9,294,000 New Round”

3n Global, Inc. Receives $7,055,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d8ff1896-115d-4db2-978e-0008b78b37e5&Preview=1 Date 6/30/2008 Company Name 3n Global, Inc. Mailing Address 505 N. Brand Blvd. Glendale, CA 91203 Company Description 3n Global is the leading global provider of mass notification solutions to Global 2000 corporations, government agencies and municipalities, healthcare systems, and educational institutions in more than 70 countries with the ability to … Continue reading “3n Global, Inc. Receives $7,055,000 New Funding”

Edgeware Analytics, Inc. Secures $600,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a7b7c393-d28d-45e7-8c3a-015f08b265cf&Preview=1 Date 6/30/2008 Company Name Edgeware Analytics, Inc. Mailing Address 2500 Torrey Pines Rd. La Jolla, CA 92037 Company Description Edgeware Analytics serves the small business lending market. Our suite of statistical models empower small business lenders to more accurately assess credit risk. All of our empirical models were created by analyzing … Continue reading “Edgeware Analytics, Inc. Secures $600,000 New Financing”

HEPO Filters, Inc. Lands $150,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fe5069b8-b171-4e66-bc8e-06471aac0363&Preview=1 Date 6/30/2008 Company Name HEPO Filters, Inc. Mailing Address 2510 Main St. Santa Monica, CA 90405 Company Description The HEPO Filters Micro-Bypass Oil Filtration System continuously cleans the lubricating oil by removing 99%+ of all contaminants 2 microns and greater, as well as removing liquid contaminants. HEPO Filters systems are designed … Continue reading “HEPO Filters, Inc. Lands $150,000 New Funding Round”