Powerlinx Lands $7,000,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e9718f97-1c09-47fb-9658-c4c02d184e1c Date 7/28/2016 Company Name Powerlinx Mailing Address 350 5th Ave. New York, NY 10118 USA Company Description Called the eHarmony for business by VentureBeat, Powerlinx is building a better way to develop business-to-business partnerships. Website http://www.powerlinx.com Transaction Type Venture Equity Transaction Amount $7,000,000 Transaction Round Series A Proceeds Purposes The successful … Continue reading “Powerlinx Lands $7,000,000 Series A Round”

Phosphorus Receives $10,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ec678d36-661c-441c-a459-ea8e81078a46 Date 7/28/2016 Company Name Phosphorus Mailing Address 1140 Broadway New York, NY 10001 USA Company Description Phosphorus is building a genomic data network that will help providers, researchers and patients around the world better understand and harness the power of the human genome. Website http://www.phosphorus.com Transaction Type Venture Equity Transaction Amount … Continue reading “Phosphorus Receives $10,000,000 Series A Funding Round”

Biodesix Secures $6,114,729 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1fb67ffd-67a4-4921-91a7-773b6ef596fc Date 7/28/2016 Company Name Biodesix Mailing Address 2970 Wilderness Place Boulder, CO 80301 USA Company Description Biodesix makes blood-based diagnostic tests that help guide treatment of patients with advanced cancer. Our test results are available within 72 hours. Website http://www.biodesix.com Transaction Type Venture Equity Transaction Amount $6,114,729 Transaction Round Undisclosed Proceeds … Continue reading “Biodesix Secures $6,114,729 New Funding Round”

How Richard Branson and Snoop Dogg Use Social Media Vs. Social Unrest

Last month, I spent a week on Necker Island, where Richard Branson and a bunch of entrepreneurs were discussing how we could help address political upheavals, intolerance, violence, social inequality, and other issues. It’s almost like we’re in a war right now. Nations are split in half. On one side you have citizens who want … Continue reading “How Richard Branson and Snoop Dogg Use Social Media Vs. Social Unrest”

Analog Devices Buys Linear for $14.8B as Boston Tech Plays Dealmaker

A lot of California tech companies have gobbled up Boston-area firms over the years, often leaving local advocates lamenting the loss of yet another headquarters or anchor tech company. On Tuesday it was the reverse. Boston-based LogMeIn (NASDAQ: [[ticker:LOGM]]) announced plans to scoop up its rival GoTo business from Santa Clara, CA-based Citrix Systems (NASDAQ: [[ticker:CTXS]]) … Continue reading “Analog Devices Buys Linear for $14.8B as Boston Tech Plays Dealmaker”

With $40M Bid, Pfizer Set to Buy, And Close, Bankrupt Bind Tx

[Updated, 2:30 p.m. ET, see below] It’s not uncommon for a biotech’s larger partner to make a buyout offer for its smaller counterpart. But unfortunately for Bind Therapeutics, that bid, from pharma giant Pfizer, means the company could be about to close down for good. Cambridge, MA-based Bind (NASDAQ: [[ticker:BIND]]) said that Pfizer (NYSE: [[ticker:PFE]]) … Continue reading “With $40M Bid, Pfizer Set to Buy, And Close, Bankrupt Bind Tx”

LabCorp Boosts Prenatal Testing Presence with $371M Sequenom Deal

LabCorp, already a giant in diagnostics and laboratory testing, is building its capabilities in prenatal testing with an agreement to acquire Sequenom in a $371 million deal. Under the tender offer, Burlington, NC-based LabCorp (NYSE: [[ticker:LH]]) will acquire all of the outstanding shares of Sequenom for $2.40 per share, for a total equity value of … Continue reading “LabCorp Boosts Prenatal Testing Presence with $371M Sequenom Deal”

For Cengage Exec, Detroit Collective Impact About Hope, Education

Ron Stefanski, Cengage Learning’s executive director of strategic alliances, grew up on the east side of Detroit on Tappan Street. Like many local families in the 1970s, his was swept up in the wave of suburban white flight that followed the 1967 riots—except for his grandmother, Vicki, a tough old bird he described as “Edith … Continue reading “For Cengage Exec, Detroit Collective Impact About Hope, Education”

Eli Lilly CEO Lechleiter to Retire After Eight-Year Stint

After eight years at the helm of Eli Lilly, a tenure characterized by a steadfast belief in home-grown research, rather than deals, John Lechleiter is retiring from the Indianapolis pharma giant. Lilly (NYSE: [[ticker:LLY]]) said this morning that Lechleiter, its chairman, president, and CEO, will retire at the end of the year. He’ll remain Lilly’s … Continue reading “Eli Lilly CEO Lechleiter to Retire After Eight-Year Stint”

Cytokinetics Gets $95M in First ALS Deal, Needs Results For More

South San Francisco, CA-based drug developer Cytokinetics stumbled two years ago, but a deal with Astellas Pharma could be a big step toward recovery. Astellas, of Tokyo, is paying Cytokinetics (NASDAQ: [[ticker:CYTK]]) $65 million for an option to the rights to its drug tirasemtiv in Japan, other Asian countries, the Middle East and Africa, and … Continue reading “Cytokinetics Gets $95M in First ALS Deal, Needs Results For More”

Ostendo Raising Funds to Advance Virtual Reality Display Technology

Ostendo Technologies, a Carlsbad, CA-based company founded in 2005 to advance curved screens and other innovative display technologies, has raised $41.8 million of a new financing round intended to bring in $62.8 million, according to a recent regulatory filing. The financing includes both new investment funding and a conversion of debt to equity, according to … Continue reading “Ostendo Raising Funds to Advance Virtual Reality Display Technology”

Codeship Garners $7,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2d53401d-272e-4ad9-b188-aef17f0ac68d Date 7/27/2016 Company Name Codeship Mailing Address 745 Atlantic Avenue Boston, MA 02111 USA Company Description Codeship is a fast and secure hosted Continuous Delivery platform that scales with your needs. Website http://www.codeship.com Transaction Type Venture Equity Transaction Amount $7,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed … Continue reading “Codeship Garners $7,000,000 Series A Funding Round”

Reflect Technologies Secures $2,500,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=56a5ed79-983e-4e09-9753-d650940d242e Date 7/27/2016 Company Name Reflect Technologies Mailing Address PO Box 4120 Portland, OR 97208 USA Company Description Reflect is the data visualization platform for developers. Our building blocks make it easy to add data visualization to any web or mobile application in minutes. We handle all of the hard parts so … Continue reading “Reflect Technologies Secures $2,500,000 Seed Financing”

FogHorn Systems Garners $12,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=52b5a60f-c73d-45a2-b42f-021657f2ba72 Date 7/27/2016 Company Name FogHorn Systems Mailing Address 720 University Avenue Palo Alto, CA 94301 USA Company Description FogHorn is an edge analytics & applications platform for industrial #IoT that integrates with a wide variety of cloud platforms. Website http://www.foghorn-systems.com Transaction Type Venture Equity Transaction Amount $12,000,000 Transaction Round Series A … Continue reading “FogHorn Systems Garners $12,000,000 Series A Funding Round”

SafeBreach Obtains $15,000,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2031d25c-20d4-4308-9c00-2710781c495f Date 7/27/2016 Company Name SafeBreach Mailing Address 111 W Evelyn Ave. Sunnyvale, CA 94086 USA Company Description Our mission is to innovate the way the industry validates security risks — from static to continuous, from theoretical to practical. We help answer the questions security leaders are being asked by their CEO/boards … Continue reading “SafeBreach Obtains $15,000,000 Series A Financing”

Mezi Lands $9,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=56143923-728b-4a6e-b631-5d8c42b63df5 Date 7/27/2016 Company Name Mezi Mailing Address Undisclosed Sunnyvale, CA 94085 USA Company Description Choose from a set of options fine-tuned to your needs. Each recommendation is hand-selected by a real person. Indicate which item you’d like to purchase and let Mezi take care of the rest. Enjoy a true white … Continue reading “Mezi Lands $9,000,000 Series A Funding Round”

CellMax Garners $14,000,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1aacf1c0-00be-4a97-9139-a6ab9d865c6a Date 7/27/2016 Company Name CellMax Mailing Address 1271 Oakmead Parkway Sunnyvale, CA 94085 USA Company Description CellMax Assure helps your patients understand and manage their hereditary risk for cancer. Offering a broad menu of testing options and access to a personalized risk management program, CellMax Assure enables you to support your … Continue reading “CellMax Garners $14,000,000 Series A Round”

Density Secures $4,000,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3e744c7e-736b-42be-861d-ab2a4b2f3976 Date 7/27/2016 Company Name Density Mailing Address 593 Valencia St. San Francisco, CA 94110 USA Company Description Density is a people counter and an API. Website http://www.density.io Transaction Type Venture Equity Transaction Amount $4,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed by the company. M&A Terms Venture … Continue reading “Density Secures $4,000,000 Series A Financing”

UpThere Obtains $77,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aea8e1fb-2147-4c50-89ce-ae982df217d9 Date 7/27/2016 Company Name UpThere Mailing Address 2221 Broadway Street Redwood City, CA 94063 USA Company Description Upthere Home, the first app for Upthere, is designed to be the one home for all of your photos, videos, music, and documents. Everything is safely and privately stored directly in the Upthere cloud, … Continue reading “UpThere Obtains $77,000,000 New Funding”

Acalvio Technologies Receives $17,000,000 Series A Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7cf7aee7-13ee-44c9-808c-bb5ddc096ce6 Date 7/27/2016 Company Name Acalvio Technologies Mailing Address 2520 Mission College Boulevard Santa Clara, CA 95054 USA Company Description Acalvio provides Advanced Threat Defense (ATD) solutions to detect, engage and respond to malicious activity inside the perimeter. The solutions are anchored on patented innovations in Deception and Data Science. This enables … Continue reading “Acalvio Technologies Receives $17,000,000 Series A Financing Round”

PatternEx Obtains $7,800,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2a7577ed-2115-4a0b-bcfa-ecbf5427db4c Date 7/27/2016 Company Name PatternEx Mailing Address 4620 Fortran Dr. San Jose, CA 95134 USA Company Description When your goal is to bring Artificial Intelligence to InfoSec, you better have the chops to back it up. Knowing the scope of the problem we were attacking, we set about identifying and recruiting … Continue reading “PatternEx Obtains $7,800,000 Series A Financing”

Nomad Health Receives $4,000,000 Series A Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3bc1ad20-be1a-4add-aed8-b9cc1b735ddc Date 7/27/2016 Company Name Nomad Health Mailing Address Undisclosed New York, NY 10001 USA Company Description Nomad eliminates the chaotic and inelegant healthcare staffing system of yesterday and replaces it with a simple, modern platform that just works. Website http://www.nomadhealth.com Transaction Type Venture Equity Transaction Amount $4,000,000 Transaction Round Series A … Continue reading “Nomad Health Receives $4,000,000 Series A Financing Round”

Bolstra Secures $1,500,000 Seed Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=422a1998-1828-4ad4-a503-69f7d9d8d9e7 Date 7/27/2016 Company Name Bolstra Mailing Address Undisclosed Carmel, IN 46032 USA Company Description Bolstra provides a customer success management solution for B2B SaaS companies looking to maximize customer lifetime value and increase retention. Website http://www.bolstra.com Transaction Type Venture Equity Transaction Amount $1,500,000 Transaction Round Seed Proceeds Purposes Proceeds purposes were … Continue reading “Bolstra Secures $1,500,000 Seed Funding”

LogMeIn Grabs Citrix’s Rival Collaboration Tools in $1.8B Merger

LogMeIn plans to join forces with a division of rival Citrix Systems in a $1.8 billion deal aimed at creating a juggernaut in the world of cloud-based business software. For much of its 13-year history, Boston-based LogMeIn (NASDAQ: [[ticker:LOGM]]) has been best known for cloud software that allows employees and IT service providers to remotely … Continue reading “LogMeIn Grabs Citrix’s Rival Collaboration Tools in $1.8B Merger”

Kadmon Raises $75M In IPO Despite Friendly Terms For Its Lenders

Kadmon Holdings tempered its expectations and managed to go public late Wednesday, despite its founders’ criminal history and a heavy debt load. New York-based Kadmon raised $75 million by selling 6.25 million shares at $12 each. But to get there, it had to sell more shares at a lower price. It had initially aimed for … Continue reading “Kadmon Raises $75M In IPO Despite Friendly Terms For Its Lenders”

Austin Delivery Startup Dropoff Expands Beyond Texas to LA

Austin—Dropoff founder and CEO Sean Spector makes it a point to emphasize that the Austin, TX-based startup is a delivery service for businesses. “We are an extension of these businesses and their brands,” he says. “We deliver valuable medication, sensitive documents … parts for an airplane. These are these businesses’ everyday needs.” His insistence on … Continue reading “Austin Delivery Startup Dropoff Expands Beyond Texas to LA”

Shares in Exact Sciences Up After Company Beats Quarterly Projections

[Updated 7/26/16, 5:15 pm. See below.] Shares in Exact Sciences were up more than 28 percent on Tuesday after the company released second quarter financial results that handily beat analyst expectations. Madison, WI-based Exact (NASDAQ: [[ticker:EXAS]]), whose flagship product is a stool-based DNA test for colorectal cancer known as Cologuard, said it completed about 54,000 of the … Continue reading “Shares in Exact Sciences Up After Company Beats Quarterly Projections”

Clinton Versus Trump: Who’s Stronger on Innovation?

With the Republican National Convention behind us and the Democratic convention in full swing, it seems like a good moment to ask how a Donald Trump presidency or a Hillary Clinton presidency might affect the prospects for high-tech entrepreneurship and business growth in the United States. At this stage, both candidates have given major economic … Continue reading “Clinton Versus Trump: Who’s Stronger on Innovation?”

Tokai Pharma Shutters Prostate Cancer Drug Trial Early, Shares Crumble

Tokai Pharmaceuticals has been trying to play catch-up for years in the fast-moving field of prostate cancer treatments. But that plan just took a major hit this morning. Cambridge, MA-based Tokai (NASDAQ: [[ticker:TKAI]]) said that an independent data monitoring committee instructed the company to stop the big Phase 3 trial of its prospective prostate cancer … Continue reading “Tokai Pharma Shutters Prostate Cancer Drug Trial Early, Shares Crumble”

Volition Closes $250M Fund to Invest in Bootstrapped Businesses

Boston-based growth equity firm Volition Capital says it has raised a $250 million third fund, its largest to date. The firm is trying to carve out a niche by investing in small but established tech companies that have strong revenue growth and, ideally, have raised little to no outside capital. It’s a sign of increasing … Continue reading “Volition Closes $250M Fund to Invest in Bootstrapped Businesses”

Boston Tech Watch: Dell-EMC, Codeship, Compete Job Cuts & More

We’ve got lots of Boston tech news to catch up on from the past week, including a crucial step for the Dell-EMC merger, new venture capital deals, job cuts, and executives on the move. Read on for details. Grabbing cash —Boston-based Codeship announced Tuesday it raised $7 million in a Series A funding round led … Continue reading “Boston Tech Watch: Dell-EMC, Codeship, Compete Job Cuts & More”

Profitability Helps San Diego Lender Step Out from Industry Cloud

With a cloud lingering over the peer-to-peer lending industry, privately held National Funding is disclosing new details today about its operations, in a bid to step into the light and differentiate itself as a fintech company and alternative lender. In contrast to some alternative lenders, the San Diego firm said it is growing fast and … Continue reading “Profitability Helps San Diego Lender Step Out from Industry Cloud”

AgriSolve Tries for Paydirt with New Soil Amendment Technology

On a farm, nothing goes to waste—not even the waste. But even though manure has value as fertilizer, it’s not valuable enough to transport far, says Roland Kessler. That’s why farmers typically keep it for their own fields. As animal operations get bigger, Kessler says, so much manure is produced that using it all as … Continue reading “AgriSolve Tries for Paydirt with New Soil Amendment Technology”

Just Biotherapeutics Secures $14,000,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=57b5a297-d22b-473a-958e-da0d5c0ac83b Date 7/26/2016 Company Name Just Biotherapeutics Mailing Address 401 Terry Avenue North Seattle, WA 98109 USA Company Description Just is an integrated design company focused on the technology of biotherapeutics, from molecule to manufacturing plant. We believe that technological innovation will accelerate biotherapeutic development and dramatically reduce the cost of these … Continue reading “Just Biotherapeutics Secures $14,000,000 Series A Funding”

Kite & Lightning Obtains $2,500,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e56d47f-fb8c-4822-b2c1-5ddfa8944bed Date 7/26/2016 Company Name Kite & Lightning Mailing Address Undisclosed Los Angeles, CA 90049 USA Company Description Kite & Lightning is a cinematic VR company that blends gaming, social and story to create emotionally transformative experiences. Website http://www.kiteandlightning.la Transaction Type Venture Equity Transaction Amount $2,500,000 Transaction Round Seed Proceeds Purposes The … Continue reading “Kite & Lightning Obtains $2,500,000 Seed Round”

Scopely Garners $55,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e4a14c1c-1c2a-4fb5-887b-c67f785196ac Date 7/26/2016 Company Name Scopely Mailing Address 9950 Jefferson Blvd. Building 2 Culver City, CA 90232 USA Company Description The hottest new consumer web startup in Los Angeles, Scopely is in stealth mode preparing to disrupt a segment of the social web that is ripe for innovation. The Scopely team includes … Continue reading “Scopely Garners $55,000,000 Series B Funding”

Tricida Secures $55,000,000 Series C Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9db2a841-f3ec-4516-b855-08895a36d199 Date 7/26/2016 Company Name Tricida Mailing Address 7000 Shoreline Court South San Francisco, CA 94080 USA Company Description Tricida, Inc. is an innovative startup company focused on the discovery and clinical development of novel therapeutics to address renal, metabolic and cardiovascular disease. Website http://www.tricida.com Transaction Type Venture Equity Transaction Amount $55,000,000 … Continue reading “Tricida Secures $55,000,000 Series C Financing”

NextInput Garners $5,100,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f8c2a535-9e17-4c4d-9e1a-41f8a8e8c1ea Date 7/26/2016 Company Name NextInput Mailing Address 2870 Zanker Road San Jose, CA 95134 USA Company Description NextInput has developed a force sensitive touch technology that enables a third-dimension of touch: Force. Imagine pressing down harder to select and copy text, or pinching and pressing to quickly zoom into a map. … Continue reading “NextInput Garners $5,100,000 Series A Funding Round”

Takt Lands $30,000,000 Series A Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f12c8620-a67c-4755-ab54-8619c2bb6670 Date 7/26/2016 Company Name Takt Mailing Address Two Embarcadero Center San Francisco, CA 94111 USA Company Description Takt distills complex customer data into uniquely tailored experiences; we orchestrate physical and digital exchanges into one seamless journey. Website http://www.takt.com Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round Series A Proceeds Purposes … Continue reading “Takt Lands $30,000,000 Series A Financing Round”

Sun Basket Garners $15,000,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3016c431-b1c0-43fd-a6cc-b9bb2055d278 Date 7/26/2016 Company Name Sun Basket Mailing Address 1 Clarence Place San Francisco, CA 94107 USA Company Description Former head chef of the James Beard award–winning The Slanted Door restaurant, Sun Basket’s Justine Kelly works closely with local farmers to bring the freshest organic ingredients to your kitchen. Website http://www.sunbasket.com Transaction … Continue reading “Sun Basket Garners $15,000,000 Series B Financing”

Transfix Receives $22,000,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b03e5a26-50e0-4b02-abc6-1b592812e43f Date 7/26/2016 Company Name Transfix Mailing Address 675 Avenue of the Americas 3rd Floor New York, NY 10010 USA Company Description Transfix provides free, industry-leading technologies and ethical brokerage services to independent over-the-road truck drivers and small carriers. Website http://www.transfix.io Transaction Type Venture Equity Transaction Amount $22,000,000 Transaction Round Series B … Continue reading “Transfix Receives $22,000,000 Series B Funding Round”

StackPath Garners $180,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=92b33ac6-f103-48e0-a4b8-cda179776ed8 Date 7/26/2016 Company Name StackPath Mailing Address 200 Crescent Court Dallas, TX 75201 USA Company Description StackPath is the intelligent web services platform for security, speed and scale. It is the first platform to unify enterprise security solutions by leveraging collaborative intelligence that makes each service smarter and more secure with … Continue reading “StackPath Garners $180,000,000 New Funding”

Drones, Understory, & Cellectar: This Week’s Wisconsin Watchlist

Catch up on news from Wisconsin’s innovation community with these recent headlines: —Industries as diverse as insurance, agriculture, and construction are now using drones or considering it, the Wisconsin State Journal reported. The benefits to using these unmanned flying machines include worker productivity and safety, when it comes to tasks such as inspecting wind turbines. As … Continue reading “Drones, Understory, & Cellectar: This Week’s Wisconsin Watchlist”

The Outbreaks Are Here, Where’s Our Response Plan?

The news of the first Zika case in Pierce County—the 14th in Washington State—reminds us that the spread of disease is inevitable. While we don’t have in our region the kind of mosquito that transmits Zika, the latest infected patient returned from a visit to Puerto Rico. Thanks to modern travel, whether by mosquitoes or … Continue reading “The Outbreaks Are Here, Where’s Our Response Plan?”

U-M’s Detroit Data Fellows Aim to Improve the Way Police Fight Crime

In 1817, the University of Michigan was founded in Detroit before eventually relocating roughly 40 minutes west to Ann Arbor. As the school approaches its bicentennial next year, it has worked to rebuild and strengthen its ties to the Motor City through a number of novel partnerships, including the Gerald R. Ford School of Public … Continue reading “U-M’s Detroit Data Fellows Aim to Improve the Way Police Fight Crime”

Southeast Michigan Startup’s High Growth Happy Hour: Real Estate Edition

Part of Startup^Scaleup and the New Economy Initiative, this event focused on real estate reinvention brings together Metro Detroit entrepreneurs and those who have successfully scaled companies in our region. Speakers include Dave Alade of Centure Partners, a real estate development company, and Max Nussenbaum, CEO and co-founder of Castle, a property management software company. Location … Continue reading “Southeast Michigan Startup’s High Growth Happy Hour: Real Estate Edition”

Roundup: StackPath, Houston Ventures, Seremedi, Climate Impact Capital

As we wind down Monday, let’s get caught up with the latest innovation news in Texas. —In an atypically large debut for a young company, Dallas-based StackPath came out of stealth mode with $150 million in funding and about 30,000 customers. The cybersecurity software firm was founded by Lance Crosby, who sold cloud-computing software company … Continue reading “Roundup: StackPath, Houston Ventures, Seremedi, Climate Impact Capital”

Verizon Gobbles Up Yahoo, Will Group It With AOL—But What About Tumblr?

A huge question has finally been answered about Yahoo’s future. Verizon sealed a deal over the weekend to acquire the company’s core business for more than $4.8 billion in cash, and will put Yahoo on the same shelf it keeps AOL. That is but a sliver of the valuation Yahoo tasted in its heyday, including … Continue reading “Verizon Gobbles Up Yahoo, Will Group It With AOL—But What About Tumblr?”

Native<>Newcomer’s Candidate Forum

Native<>Newcomer and Stafford House host this event designed to raise money for the Come Clean Project, an initiative that helps Detroiters in workforce development programs attain their drivers licenses by expunging their records of low-level crimes, and introduce the community to candidates running for public office. For details, click here.