Houston—Two of the brand names that speak loudest to innovation in this country are Microsoft and Intellectual Ventures. Edward Jung is co-founder and chief technology officer of Intellectual Ventures, as well as the former chief architect at Microsoft. He is the latest addition to our program for Xconomy’s upcoming Disruptors conference in Houston on October … Continue reading “Intellectual Ventures Co-Founder Jung to Speak at Disruptors Oct. 27”
When Self-Driving Cars Turn Corner, Other Autos Become Irrelevant
Austin—Autonomous cars are coming. How quickly they take over the automobile market will largely depend on how soon consumers are willing to trust the cars, governments are able to manage the sector, and insurers are able to assess the risk, says Peter Stone, a professor who works in the artificial intelligence laboratory at the University … Continue reading “When Self-Driving Cars Turn Corner, Other Autos Become Irrelevant”
Eleven Bio Buys Viventia, Rebrands as Cancer Drug Developer
Eleven Biotherapeutics became an eye-disease company several years ago, a move that allowed it to go public, raise a bunch of money, and get an eye drug all the way to a pair of late-stage clinical trials. Both studies failed, however, which left the Cambridge, MA, company searching for a new direction—which today has been … Continue reading “Eleven Bio Buys Viventia, Rebrands as Cancer Drug Developer”
Agtech Sprouts From North Carolina’s Fertile Ground: A Company Map
Tobacco is still king in North Carolina, the top crop in the nation’s largest tobacco-producing state. But these days, North Carolina tobacco means more than cigarettes. Medicago’s facility in Durham, NC, for example, manufactures vaccines from tobacco plants. And a startup called SynShark has set up a Cornelius, NC, research site where it is testing … Continue reading “Agtech Sprouts From North Carolina’s Fertile Ground: A Company Map”
Soil Health Institute Plants Roots in RTP’s Growing Agtech Hub
Farmers have tinkered with soil for thousands of years, using fertilizers to add nutrients and amendments to adjust its acidity. But soil is more complex than that, says Wayne Honeycutt, CEO of the Soil Health Institute in Research Triangle Park, NC. Science is just scratching the surface of understanding soil’s biological components, the billions of … Continue reading “Soil Health Institute Plants Roots in RTP’s Growing Agtech Hub”
Announcing Xconomy’s Agtech and Food Channel
A core tenet of Xconomy—and the reason behind our broad coverage across information technology, life sciences, energy, and more—is that the most interesting and important innovations often arise from the intersection of different disciplines. One of the most important intersections today is between agriculture, the life sciences, and information technology—as evidenced by the growing field … Continue reading “Announcing Xconomy’s Agtech and Food Channel”
Doxly Raises $2.25 Million Seed Round and Plans Public Launch
Doxly, the Indianapolis-based legal tech startup, announced Monday that it has raised a $2.25 million seed round. Investors include Nextlaw Labs, the business accelerator associated with Dentons, the world’s largest law firm; High Alpha Capital, and Hyde Park Ventures. Doxly founder Haley Altman says the company did a soft launch last month with pilot customers, … Continue reading “Doxly Raises $2.25 Million Seed Round and Plans Public Launch”
SproutsIO Launches Microfarming Device as Indoor Gardens Germinate
The distance from farm to table is now just a few feet, thanks to new systems that allow people to grow food in their kitchen or living room. Last fall, Xconomy covered the launch of a Kickstarter crowdfunding campaign for Somerville, MA-based Grove, a startup out of MIT that developed a product that enables consumers … Continue reading “SproutsIO Launches Microfarming Device as Indoor Gardens Germinate”
Skedaddle Receives $2,100,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=09767297-94a1-4ee0-bcb1-50e9292cbf65 Date 9/21/2016 Company Name Skedaddle Mailing Address 745 Atlantic Ave. Boston, MA 02111 USA Company Description Skedaddle is reinventing mobility beyond city limits. Moving within city limits is now inexpensive and efficient, yet reaching destinations outside cities is still costly and inconvenient. Website http://www.letskedaddle.com Transaction Type Venture Equity Transaction Amount $2,100,000 … Continue reading “Skedaddle Receives $2,100,000 New Funding Round”
Mautic Obtains $5,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e36571e-afdb-4d02-92a1-f08bb09d6bd6 Date 9/21/2016 Company Name Mautic Mailing Address 53 State Street 10th Floor Boston, MA 02109 USA Company Description Mautic is what happens when passionate people believe there’s a better way. We began with a singular focus, community. We’re all part of a community that is passionate about what we do. A … Continue reading “Mautic Obtains $5,000,000 Series A Funding Round”
The Trade Desk Lands $84,060,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8d073b16-3273-4ac8-8204-120ab324452d Date 9/21/2016 Company Name The Trade Desk Mailing Address 42 Chestnut Street Ventura, CA 93001 USA Company Description Trade Desk (Nasdaq: TTD). From the pioneers of the ad exchange and experts from all facets of online advertising—display, search, mobile, ad serving, data protection, and data monetization—The Trade Desk has emerged to … Continue reading “The Trade Desk Lands $84,060,000 New Round”
GroundMetrics Garners $4,261,372 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=456df3b6-0e8a-48ac-b604-4cbc5a136fdf Date 9/21/2016 Company Name GroundMetrics Mailing Address 4217 Ponderosa Avenue San Diego, CA 92123 USA Company Description GroundMetrics technologies are used for various types of Resistivity and Electromagnetic (EM) surveys from traditional Controlled Source EM (CSEM) and Induced Polarization (IP) surveys to reservoir imaging survey methods such as Borehole-to-Surface EM (BSEM) … Continue reading “GroundMetrics Garners $4,261,372 New Funding”
Allset Obtains $2,350,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=67d1c038-c7c0-44f5-a400-0600cea74f06 Date 9/21/2016 Company Name Allset Mailing Address 2670 Leavenworth Street San Francisco, CA 94133 USA Company Description Have your lunch served on your time at your favorite restaurant. Available on iPhone and Android. Website http://www.allsetnow.com Transaction Type Venture Equity Transaction Amount $2,350,000 Transaction Round Seed Proceeds Purposes Allset plans to utilize … Continue reading “Allset Obtains $2,350,000 Seed Funding Round”
Progressly Receives $6,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=488c6c43-9129-45f7-b9ce-5a5777719b10 Date 9/21/2016 Company Name Progressly Mailing Address 2317 Broadway St. Redwood City, CA 94063 USA Company Description Progressly’s mission is to become the de-facto system of record for enterprise business processes. Enterprises today are plagued with difficult to use, antiquated business process solutions that hinder them to run their operations efficiently … Continue reading “Progressly Receives $6,000,000 Series A Funding”
Vlocity Lands $50,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=da9a6a53-eb0d-478f-8afe-6f7d7c6aef59 Date 9/21/2016 Company Name Vlocity Mailing Address 50 Fremont Street San Francisco, CA 94105 USA Company Description The seeds of our company were planted 28 years ago when Craig Ramsey hired Marc Benioff into Oracle and worked closely at Oracle with David Schmaier, Mark Armenante and Young Sohn. Craig, Mark and … Continue reading “Vlocity Lands $50,000,000 New Financing Round”
Skycatch Receives $4,360,752 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5bf8b544-862c-41c5-8bd4-81731c4dd80b Date 9/21/2016 Company Name Skycatch Mailing Address 424 9th St. San Francisco, CA 94103 USA Company Description Skycatch is a team with a diverse array of backgrounds but a common passion getting your ideas off the ground. We’ve grown quickly; within the last year we have added staff with deep expertise … Continue reading “Skycatch Receives $4,360,752 New Financing”
LeEco Obtains $1,080,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9126b712-e875-47e0-ad9d-9e2d45901018 Date 9/21/2016 Company Name LeEco Mailing Address 3553 North 1st Street San Jose, CA 95134 USA Company Description Formerly Known as LeTV. Letv.com is the world’s first public video company. The only fully domestically funded company among China’s major Internet companies. The true Internet company among listed companies in China’s A-share … Continue reading “LeEco Obtains $1,080,000,000 New Funding Round”
Cornami Receives $3,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d2b5a69-e2ff-418a-896d-b4ee8b23cecd Date 9/21/2016 Company Name Cornami Mailing Address 2085 C-2 Walsh Ave. Santa Clara, CA 95050 USA Company Description CORMANI is a High Performance Computing (HPC) company that takes compute performance to extraordinary levels, while greatly reducing power and latency. This is achieved by efficiently using heterogeneous cores of multi-core processors in … Continue reading “Cornami Receives $3,000,000 Series B Financing”
Fauna Secures $4,500,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e90075ee-1f76-4999-95de-d013290ad4b8 Date 9/21/2016 Company Name Fauna Mailing Address 485 3rd Street San Francisco, CA 94107 USA Company Description In FaunaDB, traditional joins, constraints, indexes, and views are transparently combined with temporal structures. FaunaDB maintains an implicit history of every piece of data. Developers can use time-slice queries to easily build activity feeds, … Continue reading “Fauna Secures $4,500,000 Seed Financing”
Brava Secures $12,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b587869e-3112-4506-8282-d5a22789f057 Date 9/21/2016 Company Name Brava Mailing Address Undisclosed San Francisco, CA 94107 USA Company Description We are an IoT and domestic automation company that integrates technology and design to enable joyful experiences in the home — starting with the kitchen. We are actively hiring exceptional people who love food. Website http://www.bravahome.com … Continue reading “Brava Secures $12,000,000 Series A Funding”
4C Receives $26,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=336725d1-5124-4535-9a10-ad3717cd29f0 Date 9/21/2016 Company Name 4C Mailing Address 1133 Broadway New York, NY 10010 USA Company Description We build technology that makes TV and Social Media work better, together. See how 4C helps you make Multi-screen, Multi-channel Marketing Magic. Website http://www.4cinsights.com Transaction Type Venture Equity Transaction Amount $26,000,000 Transaction Round Series C … Continue reading “4C Receives $26,000,000 Series C Financing”
Vestwell Garners $4,500,000 Seed Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fdbe619b-91a2-49dd-97d0-fbb5bdd56549 Date 9/21/2016 Company Name Vestwell Mailing Address 110 Wall Street New York, NY 11001 USA Company Description Learn more at Vestwell.com and on Twitter @Vestwell. Vestwell Advisors is a subsidiary of Vestwell, a 3(38) and 3(21) SEC registered investment advisory firm, specializing in 401(k) and other defined contribution retirement investment management … Continue reading “Vestwell Garners $4,500,000 Seed Financing Round”
Vroom Secures $50,000,000 Series E Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=07c7e57a-bf21-428c-b6e6-dc5dd0741549 Date 9/21/2016 Company Name Vroom Mailing Address 2615 W. Interstate 20 Grand Prairie, TX 75052 USA Company Description Vroom empowers you to buy a quality pre-owned car online and get it delivered right to your doorsteps with a 7 day in-home test drive. Website http://www.vroom.com Transaction Type Venture Equity Transaction Amount … Continue reading “Vroom Secures $50,000,000 Series E Funding”
Novan Obtains $45,100,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=837ee60b-851e-4586-bc7e-30162ab09d36 Date 9/21/2016 Company Name Novan Mailing Address 4222 Emperor Boulevard Durham, NC 27703 USA Company Description Novan, Inc. (Nasdaq: NOVN) is a pharmaceutical company focused on redefining the standard of care in dermatology through the development and commercialization of innovative therapies using the Company’s nitric oxide platform. Website http://www.novantherapeutics.com Transaction Type … Continue reading “Novan Obtains $45,100,000 New Funding”
Allergan Plc Acquires Akarna Therapeutics for $50,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=09884060-054d-4889-9429-c602b138d3a2 Date 9/21/2016 Company Name Akarna Therapeutics Mailing Address 1012 Second Street Encinitas, CA 92007 USA Company Description Akarna Therapeutics is a biopharmaceutical company developing novel small molecule therapeutics that target inflammatory and fibrotic diseases for which there is no approved treatment. Website http://www.akarna.com Transaction Type M&A Transaction Amount $50,000,000 Transaction Round … Continue reading “Allergan Plc Acquires Akarna Therapeutics for $50,000,000”
With Tobira Deal, Allergan Keeps Shopping For “Questionable” Assets
[Updated 9/20/16, 4:45 p.m. See below.] Since its mega-merger with drug giant Pfizer (NYSE: [[ticker:PFE]]) fell apart, Allergan has been on an acquisition spree of its own. Its latest purchase has the highest profile—and highest premium—of the lot. Allergan (NYSE: [[ticker:AGN]]) said today it is paying up to $1.7 billion for Tobira Therapeutics (NASDAQ: [[ticker:TBRA]]), … Continue reading “With Tobira Deal, Allergan Keeps Shopping For “Questionable” Assets”
Marking 20 Years of STEM Education at TAF, and Planning for 20 More
Trish Millines Dziko is getting ready to celebrate. For 20 years, the Technology Access Foundation, which she co-founded with her spouse, Jill Hull Dziko, has helped thousands of Seattle-area kids of color gain skills and experiences to unlock careers in the booming industry that has come to define the regional economy, and nearly all aspects … Continue reading “Marking 20 Years of STEM Education at TAF, and Planning for 20 More”
Austin’s DivInc Accelerator Focuses On Minority Startup Founders
Austin—Preston James left his position as chief of Dell Computer’s Global Center for Entrepreneurs two years ago, and decided to mentor and invest in startup founders full-time, most notably through an affiliation with Austin’s Capital Factory and the Central Texas Angel Network. He quickly noticed that, as an African-American, the faces he saw rarely resembled … Continue reading “Austin’s DivInc Accelerator Focuses On Minority Startup Founders”
Viddyad Takes Grand Prize at L’Oréal USA Women in Digital Program
It will be easier for more businesses to create and share video ads if Grainne Barron has her way. Last week, Barron, the founder and CEO of San Francisco-based Viddyad, was named this year’s grand prize winner at the L’Oréal USA Women in Digital awards held in New York. Viddyad is a platform that lets … Continue reading “Viddyad Takes Grand Prize at L’Oréal USA Women in Digital Program”
Regeneron, in Pain Drug Race With Pfizer & Lilly, Gets $250M From Teva
Millions of people in the U.S. suffer from chronic forms of pain, but the treatment options aren’t great. Regeneron Pharmaceuticals is locked in a race with Eli Lilly and Pfizer to develop an alternative, and today the Tarrytown, NY, company just got a big chunk of cash to speed the way forward. Teva Pharmaceutical (NYSE: … Continue reading “Regeneron, in Pain Drug Race With Pfizer & Lilly, Gets $250M From Teva”
Ultimaker Pushes 3D Printers in U.S. With Help of Former Z Corp Exec
The dream of putting a desktop 3D printer in every home hasn’t materialized, despite a lot of hype, and it might still be years away—if it comes at all. “I don’t know if it’s dead as an idea,” says John Kawola, a Boston-based executive with Dutch 3D printing company Ultimaker. “But we don’t spend any … Continue reading “Ultimaker Pushes 3D Printers in U.S. With Help of Former Z Corp Exec”
Are Enterprise or Consumer Startups Best VC Bets? One VC’s View
When Shawn Carolan joined Menlo Ventures just after earning his MBA at Stanford in 2002, he found the venture capital firm “fairly enterprise focused.” But Carolan, a trained engineer who says he loves gadgets and gizmos, was most interested in tech products aimed at consumers. Over the next decade, the Stanford recruit managed to give … Continue reading “Are Enterprise or Consumer Startups Best VC Bets? One VC’s View”
Pharmaceutical Price Controls Might Be Closer Than You Think
Amid the hue and cry over the Mylan EpiPen pricing debacle, Hillary Clinton unveiled her “Plan to Respond to Unjustified Price Hikes for Long-Available Drugs.” Clinton’s plan calls for “dedicated oversight to protect consumers.” To that end she would “convene representatives of federal agencies…to create a dedicated group charged with protecting consumers from outlier price … Continue reading “Pharmaceutical Price Controls Might Be Closer Than You Think”
CyberTech Opens New “Entrepreneur in Residence” Program to 8 Teams
Darin Andersen, the busy-bee creator of San Diego’s Cyberhive, iHive, and xHive startup programs, says eight early stage tech companies have joined the co-working space he has been building out in Bankers Hill under a new “Entrepreneur in Residence” program. Andersen created the program under the auspices of CyberTech, a membership organization he created to … Continue reading “CyberTech Opens New “Entrepreneur in Residence” Program to 8 Teams”
Drive Time Metrics Secures $2,100,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=640564aa-b3ee-473f-aab2-b61f3b4ea62d Date 9/20/2016 Company Name Drive Time Metrics Mailing Address 402 Angell Street Providence, RI 02906 USA Company Description Drive Time Metrics is focused on developing innovative new revenue streams from connected car data to help automotive OEMs monetize their connected vehicle platforms. Website http://www.drivetimemetrics.com Transaction Type Venture Equity Transaction Amount $2,100,000 … Continue reading “Drive Time Metrics Secures $2,100,000 Seed Financing”
Good Culture Secures $3,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4470a63f-7e83-4305-9d95-5950104e331b Date 9/20/2016 Company Name Good Culture Mailing Address 233 South Beverly Drive Irvine, CA 90212 USA Company Description We’d love you to join us in a movement for good. Just open up, taste, and let one good thing lead to another. Good is for whenever—laying in the grass, on a drive, … Continue reading “Good Culture Secures $3,000,000 New Round”
AltheaDx Receives $6,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=62d1e8d3-ba9b-4835-8618-5cc9858b278d Date 9/20/2016 Company Name AltheaDx Mailing Address 10578 Science Center Drive San Diego, CA 92121 USA Company Description AltheaDx provides molecular biomarker discovery, assay development and validation, clinical trial testing and companion diagnostics development services. Website http://www.altheadx.com Transaction Type Debt Transaction Amount $6,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “AltheaDx Receives $6,000,000 New Funding”
Greenwave Systems Acquires Predixion Software for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=46f101fa-6b10-4ff9-b11b-3d31aaf4ac7c Date 9/20/2016 Company Name Predixion Software Mailing Address 15 Enterprise Aliso Viejo, CA 92656 USA Company Description Predictive analytics enable organizations to use and analyze current and historical data to make predictions about the future that can be applied across a multitude of functional areas. Website http://www.predixionsoftware.com Transaction Type M&A Transaction … Continue reading “Greenwave Systems Acquires Predixion Software for Undisclosed Sum”
SYNQY Receives $4,500,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=14cba159-cff4-40c8-9880-4b3d2fa921f4 Date 9/20/2016 Company Name SYNQY Mailing Address 3380 Vincent Road Pleasant Hill, CA 94523 USA Company Description SYNQY is reinventing product marketing by building the first real-time product network — a new online merchandising system for delivering and sharing live, interactive product shopping experiences across the Internet. Website http://www.synqy.com Transaction Type … Continue reading “SYNQY Receives $4,500,000 Seed Funding Round”
Nutanix Garners $21,062,643 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=18845378-8980-4808-88f4-62331a9b4760 Date 9/20/2016 Company Name Nutanix Mailing Address 1740 Technology Dr. San Jose, CA 95110 USA Company Description Nutanix is leading the charge in shrinking the virtualized data center through convergence of storage and compute tiers, driving out the cost and complexity associated with network storage. Nutanix’s revolutionary appliance provides enterprise-class compute … Continue reading “Nutanix Garners $21,062,643 New Financing”
AdStage Receives $2,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=61343975-571f-4581-9e97-6eff08312972 Date 9/20/2016 Company Name AdStage Mailing Address 461 Bush Street San Francisco, CA 94108 USA Company Description Create, manage, report, and automate your ad campaigns across Google Adwords, Bing Ads, Facebook Ads, Twitter Ads, and LinkedIn ads in one PPC platform. Website http://www.adstage.io Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction … Continue reading “AdStage Receives $2,000,000 Series A Funding Round”
YesVideo Secures $3,367,538 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=153f3deb-d27e-4243-aac0-7840110ad97b Date 9/20/2016 Company Name YesVideo Mailing Address 3281 Scott Blvd. Santa Clara, CA 95054 USA Company Description YesVideo is dedicated to providing its customers with easy and affordable solutions to preserve and enjoy their video and photographic memories. Website http://www.yesvideo.com Transaction Type Venture Equity Transaction Amount $3,367,538 Transaction Round Undisclosed Proceeds … Continue reading “YesVideo Secures $3,367,538 New Financing Round”
Blend Secures $2,389,970 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=35c359e8-116c-49b2-8482-b4bde3dfbe60 Date 9/20/2016 Company Name Blend Mailing Address 188 King Street San Francisco, CA 94107 USA Company Description Blend is the best way to group chat with your friends. Website http://www.blend.la Transaction Type Venture Equity Transaction Amount $2,389,970 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. 7 investors participated in … Continue reading “Blend Secures $2,389,970 New Funding Round”
White Ops Secures $20,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd5fbd9b-34aa-469c-8d84-6a4e27dbbc27 Date 9/20/2016 Company Name White Ops Mailing Address 11 8th Avenue New York, NY 10011 USA Company Description White Ops is an elite team of scientists and engineers with significant experience in cyber defense and security, across a spectrum of enterprises from national defense projects to digital bank robbery. Website http://www.whiteops.com … Continue reading “White Ops Secures $20,000,000 Series B Financing Round”
ACV Auctions Obtains $5,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7ced8e9f-32f9-4116-8dd1-70b3c83f07bf Date 9/20/2016 Company Name ACV Auctions Mailing Address 640 Ellicott St. Buffalo, NY 14203 USA Company Description All costs are figured by ACV Auction at wholesale dealer cost, which implies used, remanufactured, and/or aftermarket parts as well as discounted labor rates. Price adjustments may be made by the seller up to … Continue reading “ACV Auctions Obtains $5,000,000 Series A Financing”
6fusion Obtains $500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3d332d36-9ac4-41ed-b7d9-44816356b20b Date 9/20/2016 Company Name 6fusion Mailing Address 1730 Varsity Dr. Raleigh, NC 27606 USA Company Description 6fusion leverages the unprecedented insights gained from IT infrastructure metering to help you understand what the data is telling you and how you can use the data to improve your cost structure, infrastructure efficiency and … Continue reading “6fusion Obtains $500,000 New Funding Round”
Doxly Lands $2,250,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=87065f95-714c-4a73-b5c3-f20981cda934 Date 9/20/2016 Company Name Doxly Mailing Address 55 Monument Circle 2nd Floor Indianapolis, IN 46240 USA Company Description Doxly was built with one simple vision: transform the archaic, chaotic process of managing legal transactions into a streamlined, efficient process. Built by lawyers, for lawyers, the Doxly platform exists to remove frustrations … Continue reading “Doxly Lands $2,250,000 Seed Funding Round”
Sarepta Prices $300K Duchenne Drug As FDA Rift Emerges Over Approval
The FDA approved Monday the first drug ever for Duchenne muscular dystrophy, but only after the commissioner had to settle a high-stakes dispute between powerful agency scientists. Prominent members of the FDA’s drug-review staff, fearful of setting a precedent for the regulation of drugs for rare diseases, voted to reject eteplirsen (Exondys 51), from Cambridge, … Continue reading “Sarepta Prices $300K Duchenne Drug As FDA Rift Emerges Over Approval”
After $70M Boston Scientific Deal, CeloNova CEO Heads to Nonprofit
San Antonio — Martin Landon, a long-time San Antonio life sciences executive, has left the chief executive role at medical device maker CeloNova Biosciences a year after selling a portion of the business to Boston Scientific for $70 million. Landon has taken a new job as the CEO of nonprofit BioBridge Global. San Antonio-based BioBridge … Continue reading “After $70M Boston Scientific Deal, CeloNova CEO Heads to Nonprofit”
Epic, Astronautics, Virent, & More: This Week’s Wisconsin Watchlist
Keep up with the latest news from Wisconsin’s innovation community with these recent headlines: —Judy Faulkner, founder and CEO of Verona-based Epic Systems, revealed to Healthcare IT News that half of her company’s operating expenses go toward research and development. That’s ahead of competing electronic health records software vendors such as Allscripts (NASDAQ: [[ticker:MDRX]]), Athenahealth … Continue reading “Epic, Astronautics, Virent, & More: This Week’s Wisconsin Watchlist”