Every week I come across news items, tech trends, and useful gadgets and services that I know Xconomy’s readers would find interesting, but that don’t fit with our usual lineup of hyperlocal news stories about Boston’s innovation scene. To create an outlet for such random finds—and, frankly, to get me off Bob and Rebecca’s backs … Continue reading “Reinventing Our Visual World, Pixel By Pixel”
A Word About World Wide Wade—the Debut
Xconomy is all about hyperlocal coverage of the innovation community in greater Boston and New England. But we also know that our readers have many interests that reach far beyond our geography. For the most part, we leave writing about such matters to others. But, starting today, we are making an exception—and that exception is … Continue reading “A Word About World Wide Wade—the Debut”
American Ambassador Promotes Swedish Cleantech Firms to New England Investors
The U.S. ambassador to Sweden, Michael Wood, wants American investors to put their money into Swedish cleantech. This week he presented his case to New England investors and venture capital firms. “During my two years as ambassador, I have been emphasizing cooperation between Sweden and the U.S.A. in cleantech. I call this my one big … Continue reading “American Ambassador Promotes Swedish Cleantech Firms to New England Investors”
Harvard’s Guru of Tech Transfer: More Seed Funding, Industry Deals Afoot—and the Social Mission is Key
Harvard has taken a bit of a bashing over the years on the tech transfer front. After all, MIT, the champion of university technology transfer and licensing, is right down the river, and at least some business leaders and alumni feel the school should be doing more to match its neighbor in commercializing its pioneering … Continue reading “Harvard’s Guru of Tech Transfer: More Seed Funding, Industry Deals Afoot—and the Social Mission is Key”
IlluminOss Medical, Inc. Receives $11,020,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3a21b74a-b643-4d4d-8b20-4bdd4e7c3001&Preview=1 Date 4/4/2008 Company Name IlluminOss Medical, Inc. Mailing Address 993 Waterman Avenue East Providence, RI 02914 Company Description The company is a medical device startup developing technologies for orthopedic surgery applications. Website http://www.illuminossmedical.com Transaction Type Venture Equity Transaction Amount $11,020,000 Transaction Round Series B Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “IlluminOss Medical, Inc. Receives $11,020,000 Series B Financing Round”
Lattice Engines Nets $1.7M in Series A Round
Boston-based Lattice Engines, a maker of business decision analytics software, has completed a $1.7 million Series A funding found led by Battery Ventures, PE Hub reports, citing a regulatory filing.
Highland Capital Puts Out the Call for Student Entrepreneurs and Interns
Budding student-entrepreneurs awaken: Highland Capital Partners says it’s accepting applications for its second annual paid summer entrepreneurship program for undergraduates and graduate students, and for more than 20 summer internship positions at Highland-backed companies in Massachusetts. Highland launched its “Summer@Highland” program last year. Under the program, which is similar in some ways to Paul Graham’s … Continue reading “Highland Capital Puts Out the Call for Student Entrepreneurs and Interns”
No Patent Reform: Court Blocks New Patent Rules
Last summer, the US Patent Office issued a package of new rules for patent applications. On Monday, the U.S. District Court for the Eastern District of Virginia decided to permanently block the changes. The reactions from patent lawyers are mainly upbeat. “We are still dancing—it came out yesterday and we thought it was a cruel … Continue reading “No Patent Reform: Court Blocks New Patent Rules”
EMC’s Pricey New Offering for Chinese Consumers and Small Businesses—Bad Guanxi?
Updated, April 5, 2008—We’ve written a few times about EMC’s (NYSE:[[ticker:EMC]]) carefully crafted strategic push toward cloud computing and software as a service offerings—and how that relates to the enterprise-oriented company’s courting of small and medium businesses and consumers. Two vivid examples of this push are the Hopkinton, MA-based company’s acquisition last fall of Berkeley … Continue reading “EMC’s Pricey New Offering for Chinese Consumers and Small Businesses—Bad Guanxi?”
Vlingo’s CEO Speaks on the Yahoo Deal
Yesterday Yahoo smiled upon Harvard Square, not only picking Dunster Street startup Vlingo to provide a speech recognition system for its oneSearch mobile search program, but putting up a whopping $20 million in venture capital to finance the company’s expansion. After publishing our story on the deal, we reached Vlingo CEO Dave Grannan at the … Continue reading “Vlingo’s CEO Speaks on the Yahoo Deal”
Radius Passes Clinical Milestone, Collects $28.3 Million
Cambridge, MA-based Radius Health announced today that it has collected $28.3 million in the second tranche of its Series C financing. The new closing, which was triggered when Radius finished enrolling patients for a Phase 2 trial of its lead candidate, an osteoporosis treatment, brings the amount raised in the round to $67.5 million. All … Continue reading “Radius Passes Clinical Milestone, Collects $28.3 Million”
New England’s Cyber Economy Growing, Even as Manufacturing Shrinks
New England’s high-tech economy netted 7,600 jobs in 2006, as all six states in the region gained over the previous year. But the growth nowadays comes mainly from software and engineering services, as tech manufacturing jobs become harder to find. These were some of the major trends contained in Cyberstates 2008, a report released today … Continue reading “New England’s Cyber Economy Growing, Even as Manufacturing Shrinks”
Vlingo Scores Software Deal, Big Investment from Yahoo
Speech-recognition startup Vlingo, which had just moved into its new Dunster Street digs in Harvard Square when I visited last August, has settled in with two major wins, both relating to Yahoo. At the CTIA Wireless conference in Las Vegas this morning, keynoter Marco Boerries, the executive vice president of Yahoo’s Connected Life division, unveiled … Continue reading “Vlingo Scores Software Deal, Big Investment from Yahoo”
Monotype Files for SPO
After a somewhat underwhelming IPO back in July, Woburn, MA-based Monotype Imaging (NASDAQ: [[ticker:TYPE]]) has filed for a secondary offering of up to 6.9 million shares. Proceeds from the stock sale could total some $101 million and will go to selling stockholders of the text-imaging firm, including TA Associates Funds, which is offering 5.2 million … Continue reading “Monotype Files for SPO”
From MIT Blackjack to E-Mail Databases: We Catch Up with the Other Micky Rosa
Lots of folks are excited about the movie 21, a semi-fictionalized account of the exploits of the MIT blackjack team in the 1990s. That’s clear not just from the film’s box-office-leading performance last weekend, but from the fact that so many people are coming out of the woodwork and identifying themselves as members of the … Continue reading “From MIT Blackjack to E-Mail Databases: We Catch Up with the Other Micky Rosa”
Vertex on the Rise, Sirtris on TV, an IPO (Finally) on the Table, and More Life Sciences News
The past week has offered a real variety pack of life sciences news from the Boston area. There were some clinical trials, an IPO filing, a venture financing—and a television appearance. —Shares of Vertex Pharmaceuticals (NASDAQ: [[ticker:VRTX]]) had a nice run, boosted by encouraging (if preliminary) clinical-trials results. Last Thursday, the company announced that in … Continue reading “Vertex on the Rise, Sirtris on TV, an IPO (Finally) on the Table, and More Life Sciences News”
Vlingo Receives $20,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4812bd2c-9a96-4940-b41b-5c2fa2b6fd30&Preview=1 Date 4/2/2008 Company Name Vlingo Mailing Address 17 Dunster Street Cambridge, MA 02138 Company Description At vlingo we unlock access to wireless data services. We provide wireless carriers and wireless application providers a voice interface to their applications. With vlingo, instead of triple-tapping on a small keyboard, users can now simply … Continue reading “Vlingo Receives $20,000,000 Series B Financing Round”
EXFO Acquires Brix Networks for $28,500,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b9292b3c-98dc-45ac-a0b0-afd97a2872f9&Preview=1 Date 4/2/2008 Company Name Brix Networks Mailing Address 285 Mill Road Chelmsford, MA 01824 Company Description Brix Networks is the trusted provider of real-time performance management and service assurance solutions that allow carriers, service providers, cable companies, large enterprises, and government agencies to build, operate, and assure their VoIP networks and … Continue reading “EXFO Acquires Brix Networks for $28,500,000”
Novinium Obtains $6,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=435fb571-20de-473e-ab56-26fa41fceeae&Preview=1 Date 4/2/2008 Company Name Novinium Mailing Address 22019 70th Avenue South Kent, WA 98032 Company Description Novinium delivers the most advanced underground cable rehabilitation technologies throughout the world. Rehabilitation encompasses replacement and rejuvenation and so does Novinium. A full spectrum of technologies combined to provide the highest level of system reliability … Continue reading “Novinium Obtains $6,000,000 Series C Financing”
Sampa Corporation Receives $1,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=32dfd623-46f5-4916-ac42-405b6294e07e&Preview=1 Date 4/2/2008 Company Name Sampa Corporation Mailing Address 15357 NE 90th St Redmond, WA 98052 Company Description Sampa operates a family-oriented social networking website. Website http://www.sampa.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Individual Investor
Roxbury, Dorchester Finally Get Pilot Wi-Fi Network
After months of postponements, Openairboston.net, a non-profit group created last year to oversee the rollout of citywide Wi-Fi broadband Internet service, held a “wire-cutting” ceremony for its first pilot network yesterday in the Grove Hall and Dudley Square areas of Boston’s Roxbury and Dorchester neighborhoods. Openairboston.net’s network, whose scheduled November 2007 launch was delayed by … Continue reading “Roxbury, Dorchester Finally Get Pilot Wi-Fi Network”
groupSPARK, 123Together Join mindSHIFT
No, my caps-lock key is not stuck. Collaboration Online, a Burlington, MA, software-as-a-service company that hosts Microsoft e-mail, collaboration, and CRM programs for other companies under brands such as groupSPARK and 123Together, is being purchased by Fairfax, VA-based mindSHIFT Technologies, a provider of managed IT and voice-over-Internet telephony services, the two companies said today. “We … Continue reading “groupSPARK, 123Together Join mindSHIFT”
EMC Pays $84 Million for Conchango
Conchango, a UK-based consulting firm that specializes in custom implentations of Microsoft enterprise software, will become part of EMC’s European IT consulting practice, the Hopkinton, MA, company announced today. EMC is spending about 42 million pounds sterling or US $84 million on the acquisition.
Fox, NBC Tap JumpTap for Mobile Ads
Cambridge, MA mobile search and advertising provider JumpTap announced today that it will distribute mobile ads for NBC Universal‘s mobile websites, including sites for shows such as NBC’s “Heroes” and the Sci Fi Channel’s Battlestar Galactica, and for the Fox Mobile Entertainment network, whose FoxMobile.com site includes content from the FOX TV network, FX, SPEED, … Continue reading “Fox, NBC Tap JumpTap for Mobile Ads”
BioTrove Seeks Big Trove in IPO
Just when you thought it wasn’t safe to go back in the water, BioTrove, a Woburn, MA-based maker of tools for life sciences research, braved the choppy IPO seas today in search of a trove of up to $75 million. (And yes, I realize there’s a strangely high incidence of the word “trove” on the … Continue reading “BioTrove Seeks Big Trove in IPO”
It’s Official: IPOs and M&As Plummeted in First Quarter—New England Exits Hard to Find
Updated and corrected, April 1, 5:15 pm—see note below It’s not like we needed a financial report to tell us that things were rotten for investors looking for an exit—but the National Venture Capital Association and Thomson Financial are providing just that. Only five venture-backed firms managed to go public in the first quarter of … Continue reading “It’s Official: IPOs and M&As Plummeted in First Quarter—New England Exits Hard to Find”
Tapping the Treasure Trove of Web Videos with Veveo’s vTap
When I last wrote about Andover, MA-based Veveo, the company was promoting its vTap “incremental search” software as a faster way to search for Web video clips from a mobile device. As you enter the letters of a search query on your phone keypad, the software shows a list of available videos with matching topics … Continue reading “Tapping the Treasure Trove of Web Videos with Veveo’s vTap”
The Bank of America Deal: MIT Media Lab Opens Doors to More Sponsor Involvement in Research Direction
The Center for Future Banking announced yesterday by the MIT Media Lab and Bank of America is the trailblazing computer lab’s biggest corporate funding win in years—perhaps its biggest ever. But it also represents a new type of industry-academic collaboration for the Media Lab, one in which the company footing the bill will have more … Continue reading “The Bank of America Deal: MIT Media Lab Opens Doors to More Sponsor Involvement in Research Direction”
OurStage, Inc. Garners $13,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=24f9768a-584c-457a-bb4b-8ebe254e3352&Preview=1 Date 4/1/2008 Company Name OurStage, Inc. Mailing Address 321 Billerica Rd Chelmsford, MA 01824 Company Description OurStage is where the world’s music fans come to discover, enjoy and reward the best emerging artists – and where the world’s artists come to find their fans, get amazing gigs and launch their careers. … Continue reading “OurStage, Inc. Garners $13,000,000 Series A Funding Round”
Barbara Walters to Feature Sirtris
Cambridge-based Sirtris Pharmaceuticals says researchers from the company will be featured Tuesday night in a Barbara Walters ABC television special entitled “Live to Be 150: Can You Do It?” As the narrator in a promo video for the special on YouTube enthuses: “It’s not just red wine or diet. Cutting edge scientists say we’re at … Continue reading “Barbara Walters to Feature Sirtris”
Vertex Jumps More Than 25 Percent on Hepatitis Drug Data
Vertex Pharmaceuticals (NASDAQ:[[ticker:VRTX]]) of Cambridge, MA, saw its stock soar today after preliminary data from a small ongoing trial of its oral hepatitis C drug Telaprevir were released in a conference abstract. The abstract indicated that patients for whom standard hepatitis treatments had previously failed responded well to Telaprevir. The data are scheduled to be … Continue reading “Vertex Jumps More Than 25 Percent on Hepatitis Drug Data”
FIRST Robotics Update—Menino Wowed, Big Crowd, Really Loud
Saturday’s regional high school robotics competition held at Boston University’s Agganis Arena event set records for attendance, mayoral wowing, and sci-tech luminary gazing. Two teams from Massachusetts, one from New Hampshire, and one from New York state were among the big winners. That’s the report from Xconomist Marc Hodosh, chair of Boston FIRST (For Inspiration … Continue reading “FIRST Robotics Update—Menino Wowed, Big Crowd, Really Loud”
Microsoft Boosts Kerberos Consortium
Microsoft has joined the MIT Kerberos Consortium as a founding sponsor, nudging the organization closer to its goal of establishing Kerberos as a universal authentication platform for computer networks, MIT officials announced today. A representative of the software maker will join counterparts from Sun, Google, and Apple on the consortium’s executive board. Although Kerberos was … Continue reading “Microsoft Boosts Kerberos Consortium”
Codon Devices Settles Patent Suit
Synthetic biology startup Codon Devices of Cambridge, MA, announced today that it has reached a settlement with Blue Heron Biotechnology of Bothell, WA, in a patent suit that Codon filed against the Washington firm last March. The suit involved five patents that were exclusively licensed to Codon—one from MIT and four from Duke University. As … Continue reading “Codon Devices Settles Patent Suit”
Povo Lets Residents Say What’s Best and Worst About Boston, Block by Block
Mix one cup of Wikipedia with one cup of Google Maps, add a generous dollop of MIT-bred geekdom, and bake for about 14 months. Serves 600,000. The confection in question is Povo.com, a user-editable online community directory that debuted in Boston last week. A project of Boston-based Arts Alliance Labs, a combination venture capital firm … Continue reading “Povo Lets Residents Say What’s Best and Worst About Boston, Block by Block”
Harvard Entrepreneurship Lives! (A Report from an MIT Student)
Several weeks ago, I heard a very heated discussion on the failure of Harvard entrepreneurship at the MIT Entrepreneurship Forum’s recent Power, Drugs & Money conference (that was extended in an Xconomist Forum post by former gubernatorial candidate and Harvard grad Chris Gabrieli). Being a curious MIT student, I decided to investigate the issue and … Continue reading “Harvard Entrepreneurship Lives! (A Report from an MIT Student)”
1366’s Sunny Start, Adimab’s Second Round, Constant Contact’s Second Offering, and More Deals News
Another somewhat sluggish week, deals-wise. Perhaps everybody was too busy trying to uncover the identities of the members of the MIT blackjack team? —Biotech startup Adimab of Lebanon, NH, closed a Series B financing round co-led by Polaris Venture Partners and SV Life Sciences. The total raised in the deal, which comes less than a … Continue reading “1366’s Sunny Start, Adimab’s Second Round, Constant Contact’s Second Offering, and More Deals News”
Stoneacre, Inc Lands $1,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d45449b9-849f-4e81-97a3-096ceb825695&Preview=1 Date 3/31/2008 Company Name Stoneacre, Inc Mailing Address 401 Edgewater Place Wakefield, MA 01880 Company Description The company develops affinity and customer loyalty programs. Website http://stoneacrepartners.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Bain Capital Ventures Venture … Continue reading “Stoneacre, Inc Lands $1,000,000 New Funding Round”
Plectix BioSystems Lands $3,750,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=badd696f-0a5d-4a51-841c-0d37da4eb6ca&Preview=1 Date 3/31/2008 Company Name Plectix BioSystems Mailing Address Undisclosed Cambridge, MA 02142 Company Description The company is developing computer modeling of complex biological and chemical systems. Website Undisclosed Transaction Type Venture Equity Transaction Amount $3,750,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor OVP Venture … Continue reading “Plectix BioSystems Lands $3,750,000 New Funding Round”
Azimuth Systems Inc. Lands $5,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b2637138-01e2-4554-9bef-11dff39c56ff&Preview=1 Date 3/31/2008 Company Name Azimuth Systems Inc. Mailing Address 31 Nagog Park Acton, MA 01720 Company Description Azimuth Systems, is an innovator in wireless data communications test solutions that test the functionality, interoperability and performance of wireless devices and networks. Website http://www.azimuthsystems.com/ Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round … Continue reading “Azimuth Systems Inc. Lands $5,000,000 New Financing”
Ember Corporation Garners $4,686,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6318379d-c281-4450-abc3-144347a3c4bc&Preview=1 Date 3/31/2008 Company Name Ember Corporation Mailing Address 47 Farnsworth Street Boston, MA 02210 Company Description Ember enables communication among embedded microcontrollers with standards-based wireless mesh networking semiconductors and software. Website http://www.ember.com Transaction Type Venture Equity Transaction Amount $4,686,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms … Continue reading “Ember Corporation Garners $4,686,000 New Funding”
Intelligent Bio-Systems, Inc Obtains $354,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8792d811-5b73-4c89-93b8-1db6b20f2400&Preview=1 Date 3/31/2008 Company Name Intelligent Bio-Systems, Inc Mailing Address 34 Bear Hill Rd. Waltham, MA 02451 Company Description Intelligent Bio-Systems is developing a next generation DNA sequencing system that can simultaneously increase the speed and reduce the cost of producing sequence data by a factor of 100 to 1,000. It uses … Continue reading “Intelligent Bio-Systems, Inc Obtains $354,000 New Funding Round”
EPAC Technologies Inc. Obtains $20,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=61067521-5bca-4b5a-b8e6-2209fc36fecc&Preview=1 Date 3/31/2008 Company Name EPAC Technologies Inc. Mailing Address 42 Ladd St. East Greenwich, RI 02818 Company Description EPAC develops automation technology for digital printing. EPAC operates on a service model, focusing on the elimination of waste in its customer book and collateral supply chain. This runs from the management of … Continue reading “EPAC Technologies Inc. Obtains $20,000,000 New Financing”
Crossbeam Systems, Inc. Lands $3,595,100 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=30f5f67f-cd66-42da-9281-3f2875686bb0&Preview=1 Date 3/31/2008 Company Name Crossbeam Systems, Inc. Mailing Address 80 Central Street Boxborough, MA 01719 Company Description Crossbeam Systems is leading a revolution in the network security equipment field, one that lowers risk and exposure, reduces infrastructure costs and increases flexibility to respond to new threats. By radically simplifying security architectures … Continue reading “Crossbeam Systems, Inc. Lands $3,595,100 New Financing Round”
uTest, Inc. Garners $2,230,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=92ce67e3-a085-4e9c-9320-4254ccb9f21e&Preview=1 Date 3/31/2008 Company Name uTest, Inc. Mailing Address 190 Front Street Ashland, MA 01721 Company Description uTestTM is revolutionizing traditional software testing by introducing the first global marketplace for software application testing coupled with a Pay Per Bug business model. Website http://www.utest.com Transaction Type Venture Equity Transaction Amount $2,230,000 Transaction Round … Continue reading “uTest, Inc. Garners $2,230,000 New Funding Round”
LumenZ, Inc. Lands $3,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=331f18f5-59f0-44b2-b1ca-479f05907e06&Preview=1 Date 3/31/2008 Company Name LumenZ, Inc. Mailing Address 8 Saint Mary’s Street, Room 627 Boston, MA 02215 Company Description The company develops and commercializes LED technology and related services. Website Undisclosed Transaction Type Venture Equity Transaction Amount $3,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “LumenZ, Inc. Lands $3,000,000 New Funding Round”
Accell Systems, Inc. Lands $500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f71590f7-ebb3-4115-b5f3-583afa98a3c2&Preview=1 Date 3/31/2008 Company Name Accell Systems, Inc. Mailing Address 1900 W. Park Drive Westborough, MA 01581 Company Description Accell Systems’s Nexus allows you to deliver next-generation, high-performance DSL services – over your existing copper wires. Website http://www.accellsystems.com Transaction Type Venture Equity Transaction Amount $500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Accell Systems, Inc. Lands $500,000 New Financing Round”
Bandgap Engineering, Inc. Secures $1,400,100 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=74192fd7-4f35-4c9d-b6a0-5a4279263c9d&Preview=1 Date 3/31/2008 Company Name Bandgap Engineering, Inc. Mailing Address 36 Shermans Way West Wood, MA 02090 Company Description The company develops renewable energy technologies. Website Undisclosed Transaction Type Venture Equity Transaction Amount $1,400,100 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Massachusetts Green Energy Fund … Continue reading “Bandgap Engineering, Inc. Secures $1,400,100 New Financing”
Vortex Medical, Inc. Lands $2,250,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=517d94f6-a300-4ec6-a222-5b3211ff25d6&Preview=1 Date 3/31/2008 Company Name Vortex Medical, Inc. Mailing Address 50 Loring Drive Norwell, MA 02061 Company Description The company develops and sells medical devices. Website Undisclosed Transaction Type Venture Equity Transaction Amount $2,250,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Catalyst Health & Technology … Continue reading “Vortex Medical, Inc. Lands $2,250,000 New Financing Round”
Solace Pharmaceuticals Inc. Lands $6,749,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0a546084-dd3e-4742-ae5f-5b4928fd7810&Preview=1 Date 3/31/2008 Company Name Solace Pharmaceuticals Inc. Mailing Address 222 Berkeley Street Boston, MA 02116 Company Description Solace was co-founded in March 2006 by PureTech Ventures and a preeminent team of scientific, clinical, regulatory and drug development experts who are collaborating to translate groundbreaking scientific discoveries in pain biology into innovative, … Continue reading “Solace Pharmaceuticals Inc. Lands $6,749,000 New Funding Round”