Zagster Receives $10,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=514ac96e-46a9-43fc-b7ca-22477b740008 Date 1/6/2017 Company Name Zagster Mailing Address 25 First Street Cambridge, MA 02141 USA Company Description We’re passionate cyclists who love fresh air, good exercise and emission-free transportation. We believe we’re creating the future of transportation through our easy to use bike sharing systems. Website http://www.zagster.com Transaction Type Venture Equity Transaction … Continue reading “Zagster Receives $10,000,000 Series B Funding”

RaNA Therapeutics Receives $50,999,987 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ac4bfcb-fc72-4fdd-8e08-6373931a6816 Date 1/6/2017 Company Name RaNA Therapeutics Mailing Address 200 Sidney Street Cambridge, MA 02139 USA Company Description RaNA Therapeutics is a biotechnology company using its proprietary RNA upregulation platform to discover and develop highly selective epigenetic modulators of gene expression. RaNA’s technology upregulates the expression of desirable genes that can prevent … Continue reading “RaNA Therapeutics Receives $50,999,987 New Financing Round”

Avidity Biosciences Receives $16,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8489cd83-b1db-4aa2-84bd-ad318cac3dee Date 1/6/2017 Company Name Avidity Biosciences Mailing Address 10975 North Torrey Pines Road La Jolla, CA 92037 USA Company Description Avidity Biosciences LLC offers research, development, and manufacturing of drug candidates which include antibody-siRNA complexes. Website http://www.aviditybiosciences.com Transaction Type Venture Equity Transaction Amount $16,000,000 Transaction Round Series B Proceeds Purposes Proceeds … Continue reading “Avidity Biosciences Receives $16,000,000 Series B Funding”

Molecular Stethoscope Garners $8,200,000 Seed Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9f0f8b88-eccd-444c-badc-cead54694f48 Date 1/6/2017 Company Name Molecular Stethoscope Mailing Address 10835 Road to the Cure San Diego, CA 92121 USA Company Description The development of genomic measurement technologies and reference databases such as the Human Genome Project (2000) has enabled the use of blood to reliably obtain genetic information. Website http://www.molecularstethoscope.com Transaction Type … Continue reading “Molecular Stethoscope Garners $8,200,000 Seed Funding Round”

Reputation.com Garners $20,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=965ef3e7-96b0-441e-a5a5-05633f518c58 Date 1/6/2017 Company Name Reputation.com Mailing Address 1001 Marshall St 2nd Floor Redwood City, CA 94063 USA Company Description Reputation.com is the world’s leading provider of online reputation products and services. We have thousands of users from 100+ countries around the world. We’ve been featured in over 400 leading publications globally … Continue reading “Reputation.com Garners $20,000,000 New Financing”

Intuity Medical Obtains $15,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cf5fa1bc-2a0e-4f93-a159-38e0172c5c27 Date 1/6/2017 Company Name Intuity Medical Mailing Address 526 Almanor Avenue Sunnyvale, CA 94085 USA Company Description Intuity is developing POGO , the first All-in-One blood glucose monitoring system designed to combine your test strips, lancing device and lancets into one convenient glucose meter. Website http://www.presspogo.com Transaction Type Venture Equity Transaction … Continue reading “Intuity Medical Obtains $15,000,000 New Financing Round”

NGDATA Secures $9,400,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d615c7d8-d44e-43ec-99c0-4eb1249398aa Date 1/6/2017 Company Name NGDATA Mailing Address 71 Stevenson St. San Francisco, CA 94105 USA Company Description NGDATA is the consumer intelligence company that empowers enterprises seeking greater customer lifetime value by enabling deep customer insights, personalized product offers and intimate customer experience to drive sales. Website http://www.ngdata.com Transaction Type Venture … Continue reading “NGDATA Secures $9,400,000 Series B Funding Round”

BlackThorn Therapeutics Obtains $14,000,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=334764f5-50e0-4317-b6f4-8c836d9e35e2 Date 1/6/2017 Company Name BlackThorn Therapeutics Mailing Address 329 Oyster Point Blvd 3rd Floor South San Francisco, CA 94080 USA Company Description BlackThorn Therapeutics is a clinical-stage biopharmaceutical company dedicated to transforming the lives of people with neurobehavioral disorders through the discovery and development of novel, targeted treatments. Website http://www.blackthornrx.com Transaction … Continue reading “BlackThorn Therapeutics Obtains $14,000,000 Series A Funding”

Orion Labs Lands $8,498,500 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7d0a5faa-2136-470f-8616-a4f87abca177 Date 1/6/2017 Company Name Orion Labs Mailing Address 6600 Silacci Way Gilroy, CA 95020 USA Company Description Onyx is a wearable communication accessory for instant voice conversations with as many people as you want, across any distance. You stay connected while your phone stays in your pocket. Website http://www.orionlabs.io Transaction Type … Continue reading “Orion Labs Lands $8,498,500 New Round”

Ninthdecimal Secures $5,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3f6737f7-46fc-4dd0-acdc-c0100a836836 Date 1/6/2017 Company Name Ninthdecimal Mailing Address 150 Post St. San Francisco, CA 94108 USA Company Description NinthDecimal empowers marketers and advertisers to leverage a people-centric approach to understanding and engaging their audience across all media channels. We help marketers target individuals at the right marketable moment to achieve the best … Continue reading “Ninthdecimal Secures $5,000,000 New Financing Round”

Namely Lands $50,000,000 Series D Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=acb3c65c-dd12-4dc9-89dc-88a440eece0b Date 1/6/2017 Company Name Namely Mailing Address 195 Broadway 15th Floor New York, NY 10007 USA Company Description Namely is the first talent management platform built for the professional services industry—specifically advertising. Namely enables agencies to manage their teams, retain key employees and grow revenues. Website http://www.namely.com Transaction Type Venture Equity … Continue reading “Namely Lands $50,000,000 Series D Financing”

Swimlane Receives $6,000,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7654622d-f0d0-4ed8-b20a-689bb8802c1f Date 1/6/2017 Company Name Swimlane Mailing Address 363 Centennial Parkway Louisville, CO 80027 USA Company Description Swimlane delivers innovative and practical IT security solutions to organizations struggling with alert fatigue, vendor proliferation and chronic staffing shortages. Swimlane is at the forefront of the growing market for security orchestration, automation and reporting. … Continue reading “Swimlane Receives $6,000,000 Series A Financing”

Healthx Obtains New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9311fdb6-6cf5-45a3-9d37-080a15e64b7e Date 1/6/2017 Company Name Healthx Mailing Address 9339 Priority Way West Drive Indianapolis, IN 46240 USA Company Description Healthx is the leading technology platform connecting health insurance plans and payers with members, providers, employers and brokers. Website http://www.healthx.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes The … Continue reading “Healthx Obtains New Financing”

ClearScholar Lands $1,250,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=891d3321-7ace-4288-ac65-28256a2dd8c1 Date 1/6/2017 Company Name ClearScholar Mailing Address 55 Monument Circle Indianapolis, IN 46204 USA Company Description With a combined 40+ years of experience in higher education and ed tech, the ClearScholar team is focused on enhancing student experience through mobile engagement. ClearScholar is also backed by High Alpha — the nation’s … Continue reading “ClearScholar Lands $1,250,000 New Funding”

SmarterHQ Obtains $13,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0357bb9c-0f95-4fdb-9c53-2c0d11fc9787 Date 1/6/2017 Company Name SmarterHQ Mailing Address 9102 N. Meridian St. Indianapolis, IN 46260 USA Company Description We want to demystify big data for marketers by providing actionable customer intelligence that drives revenue for the marketer and drives more satisfaction and engagement for the customer. SmarterHQ is among the fastest growing … Continue reading “SmarterHQ Obtains $13,000,000 New Funding Round”

Grail Raising $1 Billion To Fund Trials For Cancer DNA Test

Grail, the Menlo Park, CA-based startup unveiled last year by genome sequencing firm Illumina (NASDAQ: [[ticker:ILMN]]), plans to raise more than $1 billion from undisclosed strategic industry partners and other investors, according to a statement today from Illumina. The plans were first reported last month by Fast Company. Grail has hired Goldman Sachs to handle … Continue reading “Grail Raising $1 Billion To Fund Trials For Cancer DNA Test”

Text Me: ClearScholar Grabs $1.25M for App to Engage College Kids

When Jason Konesco worked as president of Harrison College in Indianapolis, he grew dismayed with graduation rate trends. Twenty years ago, the United States was first in the world for college graduations, he notes, while today that ranking has slipped to 13th. The National Center for Education found that only 59 percent of first-time, full-time … Continue reading “Text Me: ClearScholar Grabs $1.25M for App to Engage College Kids”

Rethink Robotics Adds $18M to Funding Pot Amid Automation Debate

One of New England’s leading robotics companies has raised new money for the new year. Boston-based Rethink Robotics says it has closed $18 million as part of a Series E funding round. A regulatory filing from this week shows the equity round could grow to $33 million. Private equity firm Adveq participated in the latest … Continue reading “Rethink Robotics Adds $18M to Funding Pot Amid Automation Debate”

Xconomy Bookclub: “Hidden Figures” and the Brains Behind Space Flight

Part of the difficulty in attracting a diverse set of people to technology jobs is a chicken-and-egg problem. Women and under-represented minorities don’t often see themselves in those positions, which makes it less likely they would pursue them. Sometimes examples exist in plain sight, but we don’t realize the importance of them until later. That … Continue reading “Xconomy Bookclub: “Hidden Figures” and the Brains Behind Space Flight”

Cancer Diagnostic Startup Capio Moves to Wisconsin, Raises $2.9M

In certain patients who are being treated for cancer, it’s possible for cells to detach from the tumors inside their bodies and begin moving through the bloodstream. These circulating tumor cells, or CTCs, can help oncologists and other clinicians determine how a disease is progressing, and how effective treatments given to that patient have been. … Continue reading “Cancer Diagnostic Startup Capio Moves to Wisconsin, Raises $2.9M”

Bike-Sharing Firm Zagster Zooms Ahead With $10M Led by Edison

Bicycle-sharing startup Zagster has the wind at its back, thanks to a $10 million investment announced Thursday. Edison Partners led the Series B round of funding for Cambridge, MA-based Zagster. The company has now raised about $20 million total to date from investors, according to a spokesman. Zagster’s other backers include LaunchCapital, Fontinalis Partners, Clean … Continue reading “Bike-Sharing Firm Zagster Zooms Ahead With $10M Led by Edison”

Jet.com Grabs ShoeBuy for $70M as Walmart Expands E-Commerce Arsenal

Walmart is snapping up another company to build out its online shopping offerings, as the low-cost retail giant adapts to shifting consumer habits and duels with Amazon. Walmart (NYSE: [[ticker:WMT]]) and its prized e-commerce subsidiary Jet.com have acquired Boston-based ShoeBuy for about $70 million from IAC. The deal was announced Thursday, but closed on December … Continue reading “Jet.com Grabs ShoeBuy for $70M as Walmart Expands E-Commerce Arsenal”

Frequency, Led by MIT’s Langer, Aims to Fight Hearing Loss With Drugs

Concerts, power tools, screeching subway trains—they are among the many loud noises that can cause hearing loss by killing off the hair cells in our inner ear that pick up sounds. A new Cambridge, MA-based biotech, founded by famed MIT researcher Bob Langer and Harvard Medical School’s Jeff Karp, believes it has drugs that can … Continue reading “Frequency, Led by MIT’s Langer, Aims to Fight Hearing Loss With Drugs”

PvP Biologics Raises $35M in a Lab-to-Pharma Deal with Takeda

[Corrected 1/5/17, 8:07 am to show company was spun out of UW two months ago.] A San Diego-based startup spun out from the University of Washington just two months ago is today announcing a $35 million deal with Takeda, Japan’s biggest pharmaceutical. PvP Biologics was founded to advance KumaMax, a synthetic enzyme (depicted in the … Continue reading “PvP Biologics Raises $35M in a Lab-to-Pharma Deal with Takeda”

Diversity in Experiences, Backgrounds Leads to Successful Businesses

As a Microsoft employee, I had the opportunity to work with some of the most brilliant minds in technology. The profile of my team members were similar to the United Nations. They were of every racial and religious mix. They contributed their unique genius shaped by their individual diverse experiences. I know the value of … Continue reading “Diversity in Experiences, Backgrounds Leads to Successful Businesses”

Neon Therapeutics Hauls in $70M for Personalized Cancer Vaccines

One of the challenges of enlisting the body’s immune system to fight cancer is the constant mutation of the disease. If the body’s immune cells don’t recognize the cancer, they can’t target tumors effectively. Neon Therapeutics believes it has developed a way to make cancer vaccines that recognize and respond to these tumor changes. Now … Continue reading “Neon Therapeutics Hauls in $70M for Personalized Cancer Vaccines”

scPharmaceuticals Obtains $45,600,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1b84ca97-8e6a-44ff-b6d0-0b3d848a35ae Date 1/5/2017 Company Name scPharmaceuticals Mailing Address 131 Hartwell Avenue Lexington, MA 02421 USA Company Description scPharmaceticals is creating innovative and important new therapeutic options by administering drugs subcutaneously using a convenient two component delivery system suitable for patient self-administration. Website http://www.scpharma.com Transaction Type Venture Equity Transaction Amount $45,600,000 Transaction Round … Continue reading “scPharmaceuticals Obtains $45,600,000 Series B Financing Round”

The Finally Light Bulb Receives $15,000,000 Series C Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c4d1d7af-d191-4ce0-ba1a-17b3fcc4be23 Date 1/5/2017 Company Name The Finally Light Bulb Mailing Address 56 Roland St. Boston, MA 02129 USA Company Description Light sets the tone for every experience from your morning routine to Broadway openings. The funny thing about light is how much we’ve taken the standard Edison light bulb for granted. We’ve … Continue reading “The Finally Light Bulb Receives $15,000,000 Series C Round”

Smartvid.io Obtains $1,290,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8c59f3de-9e4a-4c4b-8415-5ed6d907e90c Date 1/5/2017 Company Name Smartvid.io Mailing Address Undisclosed Cambridge, MA 02140 USA Company Description Smartvid.io is building an enterprise -­- class SaaS platform for managing, collaborating , and analyzing industri al videos and photos wh erever they come from -­- mobile devices, GoPro cameras or drones (UAVs). Website http://www.smartvid.io Transaction Type … Continue reading “Smartvid.io Obtains $1,290,000 New Financing Round”

Bitvore Secures $3,451,289 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8f50b4dd-6d89-418b-96ca-1bb0329c3e0b Date 1/5/2017 Company Name Bitvore Mailing Address 8915 Research Drive Irvine, CA 92618 USA Company Description Businesses need to stay on top of the information flowing on the internet.  Bitvore solves this by systematically searching out this information, indexing it and intelligently correlating key changes to your portfolio, competitors, customers and … Continue reading “Bitvore Secures $3,451,289 New Financing Round”

Companion Medical Secures $1,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=46a2da12-5543-4e75-b677-b557c7de207f Date 1/5/2017 Company Name Companion Medical Mailing Address Undisclosed San Diego, CA 92107 USA Company Description Creating medical devices to simplify life Website http://www.companion-medical.com Transaction Type Debt Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. 5 investors participated in the offering. The amount may include options, … Continue reading “Companion Medical Secures $1,000,000 New Funding Round”

Sonendo Secures $4,000,006 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6497e54e-6423-4339-ba15-e9888e0f332e Date 1/5/2017 Company Name Sonendo Mailing Address 26061 Merit Circle Laguna Hills, CA 92653 USA Company Description Founded in 2006 as Dentatek Corporation by life science-focused accelerator Fjord Ventures, LLC, Sonendo is a privately-held company developing innovative technologies to transform endodontic therapy. Website http://www.sonendo.com Transaction Type Venture Equity Transaction Amount $4,000,006 … Continue reading “Sonendo Secures $4,000,006 New Financing Round”

Credible Labs Secures $10,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f78f2cc3-25a2-4b0b-8033-02727543c6f7 Date 1/5/2017 Company Name Credible Labs Mailing Address 1355 Market Street San Francisco, CA 94103 USA Company Description Receive multiple student loan refinancing offers by completing a single profile. The average user saves $11,668 when they refinance. Get a free savings estimate in 30 seconds. Website http://www.credible.com Transaction Type Debt Transaction … Continue reading “Credible Labs Secures $10,000,000 New Funding”

Pionyr Immunotherapeutics Secures $8,000,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bfba97b2-fce9-4ffa-8c94-741f7a04802f Date 1/5/2017 Company Name Pionyr Immunotherapeutics Mailing Address 953 Indiana St. San Francisco, CA 94107 USA Company Description Pionyr develops drugs to perform exceptional fine-tuning of immune responses. This goal addresses a current and justified excitement about immunotherapy and introduces technology to rapidly identify and target novel arms of the immune … Continue reading “Pionyr Immunotherapeutics Secures $8,000,000 Series A Funding”

Beautylish Garners $5,913,464 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d81226b6-0009-4299-b173-81641d1ceab4 Date 1/5/2017 Company Name Beautylish Mailing Address 575 Sutter Street San Francisco, CA 94102 USA Company Description Shop for exclusive beauty products, get inspired with makeup and hairstyle photos, learn from beauty tutorials and articles, and research thousands of community-generated product reviews. Website http://www.beautylish.com Transaction Type Venture Equity Transaction Amount $5,913,464 … Continue reading “Beautylish Garners $5,913,464 New Funding Round”

Synthego Receives $41,000,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fa936278-768f-4a57-b6b7-9aa42102f34a Date 1/5/2017 Company Name Synthego Mailing Address 3696 Haven Ave Redwood City, CA 94063 USA Company Description Founded by former SpaceX engineers, Synthego is a leading provider of genome engineering solutions. The company’s flagship product, CRISPRevolution, is a portfolio of synthetic RNA designed for CRISPR genome editing and research. Website http://www.synthego.com … Continue reading “Synthego Receives $41,000,000 Series B Financing Round”

Seworks Garners $8,200,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=16a23417-c023-4215-8129-d2f6b3dd24f8 Date 1/5/2017 Company Name Seworks Mailing Address 530 Howard St. San Francisco, CA 94105 USA Company Description As five-time DEFCON finalists, SEWORKS ensures that mobile apps are safe from dangerous hacking threats that destroy intellectual property, and put sensitive user information at risk. Website http://www.seworks.co Transaction Type Venture Equity Transaction Amount … Continue reading “Seworks Garners $8,200,000 Series A Funding Round”

Castlight Health Acquires Jiff for $133,300,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6f7a2c0b-f5e7-4c83-9562-922c39ceced1 Date 1/5/2017 Company Name Jiff Mailing Address 215 Castro St. 2nd Floor Mountain View, CA 94041 USA Company Description Jiff is on a mission to help companies lower healthcare costs and cultivate happier, healthier employees. Jiff’s enterprise health benefits platform brings together the best of digital health technology and services in … Continue reading “Castlight Health Acquires Jiff for $133,300,000”

Comcast Acquires Watchwith for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=85fa7292-f61d-47c5-8de5-aa647e0d841a Date 1/5/2017 Company Name Watchwith Mailing Address 66 Mint Plaza San Francisco, CA 94103 USA Company Description Watchwith is the cloud platform for building synchronous experiences around film, television and commercials for any IP connected device. We believe time-based metadata is the future of film, television, and advertising. Website http://www.watchwith.com Transaction … Continue reading “Comcast Acquires Watchwith for Undisclosed Sum”

Rockets of Awesome Secures $12,500,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4f17020b-1907-4bba-81ee-8b5e961761bc Date 1/5/2017 Company Name Rockets of Awesome Mailing Address 75 Spring Street 4th Floor New York, NY 10012 USA Company Description We are a team of moms, dads, aunts, and uncles. We’re inspired by our amazing and picky kids, but (we’re not going to lie) shopping for them is a never-ending … Continue reading “Rockets of Awesome Secures $12,500,000 Series A Financing”

OutboundEngine Secures $1,999,992 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e21a81bf-b55c-47f1-ba51-e94a85e9e2e0 Date 1/5/2017 Company Name OutboundEngine Mailing Address 98 San Jacinto Blvd Austin, TX 78701 USA Company Description OutboundEngine provides a hands-free marketing platform that puts your marketing on autopilot. Our SaaS-based platform delivers industry-focused content via email and social media on your behalf. Website http://www.outboundengine.com Transaction Type Venture Equity Transaction Amount … Continue reading “OutboundEngine Secures $1,999,992 New Financing Round”

Ascletis Receives $100,000,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e08c734-f674-4199-aefa-c4ca784a4c3d Date 1/5/2017 Company Name Ascletis Mailing Address 1002 Northridge Lane Chapel Hill, NC 27514 USA Company Description Ascletis focuses on building a global specialty therapeutics business dedicated to discovering and developing important new treatments for cancer and infectious diseases. Website http://www.ascletis.com Transaction Type Venture Equity Transaction Amount $100,000,000 Transaction Round Series … Continue reading “Ascletis Receives $100,000,000 Series B Funding Round”

Amazon’s Alexa Echoes Across Tech and Beyond

For the second CES in a row, Amazon’s Alexa is grabbing headlines as the tech world’s annual Las Vegas bacchanalia gets rolling. Alexa is fast becoming the cloud-based, voice-activated personal assistant and remote control for everything from your television to your home security to your washing machine. But some analysts see it as something more: an operating … Continue reading “Amazon’s Alexa Echoes Across Tech and Beyond”

HLI Adds Cynthia Collins as CEO, Venter Moves to Executive Chairman

Human genome pioneer J. Craig Venter, who disclosed last month he’s being treated for prostate cancer, is moving into a new role as executive chairman at Human Longevity (HLI), the San Diego genomics startup he co-founded in 2013. Cynthia Collins, who previously led GE Healthcare’s cell therapy and purification and analysis businesses, is replacing Venter … Continue reading “HLI Adds Cynthia Collins as CEO, Venter Moves to Executive Chairman”

OPS Solutions Uses Augmented Reality to Boost Manufacturing Process

As the development of robots and other autonomous technologies continues to gather steam, you’ll be hearing a lot more about augmented reality, virtual reality, and artificial intelligence. In Rust Belt regions like Southeast Michigan, we’re beginning to see these nascent innovations intersect with the manufacturing sector, and the result is promising industrial tech. OPS Solutions, … Continue reading “OPS Solutions Uses Augmented Reality to Boost Manufacturing Process”

Finally Gets $15M Jolt For New Take on Nikola Tesla Lightbulb Tech

Entrepreneurs are still trying to perfect the lightbulb, 138 years after Thomas Edison patented the incandescent lamp. One of the latest efforts comes from The Finally Light Bulb Company, a Boston-area startup commercializing an energy-efficient bulb partly based on technologies first developed by Edison’s rival, Nikola Tesla. And investors like the idea: Finally announced a … Continue reading “Finally Gets $15M Jolt For New Take on Nikola Tesla Lightbulb Tech”

Infinity Pharma R&D Chief Adams Retires Amid Restructuring, Job Cuts

Julian Adams, renowned for inventing bortezomib (Velcade), a drug that revolutionized multiple myeloma treatment years ago, is retiring from his role as president of research and development at Cambridge, MA-based Infinity Pharmaceuticals (NASDAQ: [[ticker:INFI]]). Adams (pictured above, right) has worked at Infinity since 2003 and will step down this week amid a sweeping restructuring at … Continue reading “Infinity Pharma R&D Chief Adams Retires Amid Restructuring, Job Cuts”

Edico Genome’s Deal with Dell EMC Fits Partnership Strategy

San Diego’s Edico Genome is now in its fourth year as a startup, and well into the hard slog of striking partnership deals, generating revenue, and building a business. Founding CEO Pieter van Rooyen started Edico with the idea of developing a specialized processor to accelerate the way genome sequencing data gets processed. Today Edico … Continue reading “Edico Genome’s Deal with Dell EMC Fits Partnership Strategy”

Alnylam Promotes Garg to CMO, CBO Gros Heads to West Coast

David-Alexandre Gros will resign from his post as the senior vice president and chief business officer of Cambridge, MA-based Alnylam Pharmaceuticals (NASDAQ: [[ticker:ALNY]]) for personal reasons, to “return to the West Coast in a broader operating role,” according to a statement. Alnylam will also promote head of clinical development Pushkal Garg to chief medical officer. … Continue reading “Alnylam Promotes Garg to CMO, CBO Gros Heads to West Coast”

Trump Administration Needs To Set U.S. Cybersecurity Mandates

Cybersecurity is the penultimate existential risk to the United States—economically, militarily, socially, and as we have seen recently, politically. The nature of cyber is asymmetric, and given the size of the U.S. economy, our reliance on intellectual property, and the leadership role the U.S. plays in the Community of Nations, we have a lot more … Continue reading “Trump Administration Needs To Set U.S. Cybersecurity Mandates”