What a difference a megadeal (or two) can make. After the national MoneyTree Report was released last week, PricewaterhouseCoopers partner Ryan Spencer said he spent time on a call with Thomson Reuters, which provides the raw data, trying to figure out a change in the numbers for venture capital activity in San Diego. PricewaterhouseCoopers and … Continue reading “Q2 VC Funding Soars in San Diego (After Revisions), and Top 10 Deals”
Unify Square Secures $3,871,792 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=632a8b03-06d1-43af-b90c-956e7b26309f Date 7/18/2016 Company Name Unify Square Mailing Address 411 108th Avenue NE Bellevue, WA 98004 USA Company Description Unified Communications (UC) has the potential to transform your business by increasing productivity and agility, reducing costs, and enabling richer, more meaningful connections with internal and external stakeholders. But with any transformation comes … Continue reading “Unify Square Secures $3,871,792 New Funding”
ZestFinance Receives New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3f3c08db-1c0a-4e39-b7a6-4369c290aa6c Date 7/18/2016 Company Name ZestFinance Mailing Address 6636 Hollywood Blvd. Los Angeles, CA 90028 USA Company Description ZestFinance offers a fair and transparent alternative for people who need short-term loans but do not have access to traditional credit. We designed ZestCash loans to help people meet their basic life needs without … Continue reading “ZestFinance Receives New Financing Round”
AltheaDx Garners $2,221,227 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b6adb615-df00-4f81-83aa-5fdbf3a58afb Date 7/18/2016 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 Venture Equity Transaction Amount $2,221,227 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “AltheaDx Garners $2,221,227 New Financing”
GrayMeta Obtains $3,496,607 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7bd8c46f-e24b-4076-aa6f-8f515d954029 Date 7/18/2016 Company Name GrayMeta Mailing Address 5835 Kanan Rd. Agoura Hills, CA 91301 USA Company Description What most people don’t realize is that embedded in every file is a trove of metadata that in and of itself can be descriptive and relevant, but when combined with metadata from other databases, … Continue reading “GrayMeta Obtains $3,496,607 New Financing”
Algal Scientific Lands $600,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9183dd70-0f70-4c0e-b514-5c879dfdc838 Date 7/18/2016 Company Name Algal Scientific Mailing Address 14925 Galleon Court Northville, MI 48170 USA Company Description Algal Scientific developed Algamune, an algae-derived source of beta-1,3-glucan for use in animals and humans. Website http://www.algalscientific.com Transaction Type Venture Equity Transaction Amount $600,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “Algal Scientific Lands $600,000 New Financing Round”
Scope AR Garners $2,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7c5a4093-6a61-47e4-aee5-56eb4f79c182 Date 7/18/2016 Company Name Scope AR Mailing Address 235 Berry Street San Francisco, CA 94159 USA Company Description Scope AR brings the most advanced Augmented Reality (AR) technology to your industry, driving swift, tangible improvements in cost, efficiency, and quality. Website http://www.scopear.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round … Continue reading “Scope AR Garners $2,000,000 New Financing Round”
Alphabet Energy Secures $23,500,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b1c5d856-df22-411d-bb7a-76e538a49707 Date 7/18/2016 Company Name Alphabet Energy Mailing Address 26225 Eden Landing Road Hayward, CA 94545 USA Company Description Alphabet Energy is a leading innovator in the field of waste heat recovery and manufactures the world’s first low cost thermoelectric generator. Website http://www.alphabetenergy.com Transaction Type Venture Equity Transaction Amount $23,500,000 Transaction Round … Continue reading “Alphabet Energy Secures $23,500,000 Series C Round”
RiverMeadow Software Secures $1,500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2b5bfed2-3556-433f-b160-7d0c8c6ac33b Date 7/18/2016 Company Name RiverMeadow Software Mailing Address 224 Airport Parkway San Jose, CA 95110 USA Company Description RiverMeadow’s Cloud Migration SaaS enables cloud service providers and enterprise customers to rapidly and reliably migrate applications and servers as-is. Website http://www.rivermeadow.com Transaction Type Venture Equity Transaction Amount $1,500,000 Transaction Round Undisclosed Proceeds … Continue reading “RiverMeadow Software Secures $1,500,000 New Funding Round”
Discors Obtains $1,200,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c30f8595-dc10-428f-bdae-c2930e567337 Date 7/18/2016 Company Name Discors Mailing Address Undisclosed San Francisco, CA 94107 USA Company Description Discors is a San Francisco -based startup that seeks to change how people stay informed on stories that matter. The company was founded by Basil Enan and Akber Malik in September of 2014 and released its … Continue reading “Discors Obtains $1,200,000 New Financing Round”
Civil Maps Garners $6,600,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f7cfd762-cd71-45b7-8006-ebee4329324d Date 7/18/2016 Company Name Civil Maps Mailing Address 1605 Sonoma Ave. Albany, CA 94707 USA Company Description Civil Maps provides self-learning cognitive perception systems that replicate human context to enable machines to perceive, orient and respond to the physical world. Website http://www.civilmaps.com Transaction Type Venture Equity Transaction Amount $6,600,000 Transaction Round … Continue reading “Civil Maps Garners $6,600,000 Seed Funding Round”
3D Hubs Obtains $6,999,998 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=92ddd101-a71d-4202-932d-b5dcad8f71f5 Date 7/18/2016 Company Name 3D Hubs Mailing Address East 45th Street 228 New York, NY 10017 USA Company Description Find a local 3D printer for your project. Compare 26641 3D printing services by price, materials and reviews. Website http://www.3dhubs.com Transaction Type Venture Equity Transaction Amount $6,999,998 Transaction Round Undisclosed Proceeds Purposes … Continue reading “3D Hubs Obtains $6,999,998 New Funding”
Seattle Week in Review: A Century of Innovation on Lake Union
Reeling from yet another horrible attack in France, we undertake a review of this week’s tech news from Seattle and beyond. Start by reading Wade Roush’s essay on what we can and can’t expect from innovation and tech startups in this season of tumult, fear, and anxiety. Moving on to the happy glow of Boeing’s … Continue reading “Seattle Week in Review: A Century of Innovation on Lake Union”
Ziopharm Discloses Patient Death in Brain Cancer Trial, Shares Fall
A patient died after receiving Ziopharm Oncology’s experimental treatment for an aggressive form of brain cancer, but the Boston-based biotech company describes the death as “an isolated case” and plans to continue the study. Nonetheless, the news has spooked investors and Ziopharm’s (NASDAQ: [[ticker:ZIOP]]) stock price slipped more than 13 percent to $4.89 this morning. … Continue reading “Ziopharm Discloses Patient Death in Brain Cancer Trial, Shares Fall”
Indiana Life Sciences Summit
From the event organizer, BioCrossroads: “Please join us as we bring together thought-leading speakers from around the world. This year’s Summit includes a scientific track and poster session for our research community. Don’t miss this unique opportunity to network and learn more about the future of Indiana’s life sciences industry which accounts for a $62 … Continue reading “Indiana Life Sciences Summit”
Kiio, HealthTech Capitol, & Exact Sciences: This Week’s WI Watchlist
Power through the dog days of summer with these recent headlines from Wisconsin’s innovation community: —Madison-based Kiio raised $227,000 in debt financing from three investors, according to an SEC filing. Kiio is developing software-enabled bands that provide resistance during rehabilitative exercises and help physical therapists gauge the strength of patients. Founded in 2011, Kiio has … Continue reading “Kiio, HealthTech Capitol, & Exact Sciences: This Week’s WI Watchlist”
Ex-Shell Venture Exec Rozenfeld Founds Firm For Energy Innovation
Houston—The energy industry is still reeling from low oil prices but Alexander Rozenfeld is placing a bet that this is the right time to back innovative ideas in the sector. Rozenfeld left his position last month as president of Shell Technology Venture to form his own venture firm, Climate Impact Capital. The past several years … Continue reading “Ex-Shell Venture Exec Rozenfeld Founds Firm For Energy Innovation”
Biotech Roundup: Hellos, Goodbyes, “Cures” Delays And Trial News
The week started on a reflective note. Our San Diego editor Bruce Bigelow penned a personal goodbye to entrepreneur Larry Bock, who died last week of pancreatic cancer at the age of 56. And then the news flowed, from a fast reprieve for Juno Therapeutics to no mercy for Elizabeth Holmes. There were other goodbyes: … Continue reading “Biotech Roundup: Hellos, Goodbyes, “Cures” Delays And Trial News”
Xbiotech Responds to ESMO, Other Critics of Phase 3 Cancer Data
Austin—It’s been a wild couple of weeks for Austin, TX, drug developer Xbiotech. On July 2, the maker of a monoclonal antibody that aims to treat colorectal cancer released additional details from a Phase 3 study. Its CEO calls the results beyond doubt “a breakthrough.” But investors, peers, and the medical society whose conference was … Continue reading “Xbiotech Responds to ESMO, Other Critics of Phase 3 Cancer Data”
$2.5M U-M Research Initiative Will Analyze Data from Connected Cars
In an effort to tackle the sea change associated with the future of transportation, two University of Michigan research projects recently scored $2.5 million in grants from the Michigan Institute for Data Science (MIDAS) to analyze the reams of data being generated by autonomous and connected vehicles across the country. MIDAS awarded funding to the … Continue reading “$2.5M U-M Research Initiative Will Analyze Data from Connected Cars”
DCM Ventures Snags $770M, and Three Security Firms Raise Millions
[Updated 7/15/16, 1:24 pm. See below.] This year could be the richest fundraising period for venture capital firms since 2000, according to Thomson Reuters figures so far. Menlo, Park, CA-based DCM Ventures did its bit this week to keep up the pace. DCM, a 20-year-old venture capital firm whose interests straddle the United States and … Continue reading “DCM Ventures Snags $770M, and Three Security Firms Raise Millions”
Insulete Co-founder on Hopes, Challenges for Diabetes Gene Therapy
[Editor’s note: This is part of a series of stories on physicians at the University of Wisconsin Hospital and Clinics who have become full- or part-time entrepreneurs.] For almost 35 years Hans Sollinger has been searching for ways to combat Type 1 diabetes, a chronic and potentially deadly disease in which a patient’s immune system destroys the … Continue reading “Insulete Co-founder on Hopes, Challenges for Diabetes Gene Therapy”
‘Megadeals’ Dominate Q2 as VCs Invest $15.3B, and Top 10 Deals
Showing little concern for stock-market volatility or worries over the Brexit, venture capital firms pumped $15.3 billion into 961 deals across the United States during the three months that ended June 30, according to the MoneyTree Report on venture capital activity. It was the 10th consecutive quarter that venture firms put at least $10 billion … Continue reading “‘Megadeals’ Dominate Q2 as VCs Invest $15.3B, and Top 10 Deals”
Deciphera Pharmaceuticals Receives $75,604,034 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=93aa15dc-4d7f-4579-9c7e-adfce78ea4db Date 7/15/2016 Company Name Deciphera Pharmaceuticals Mailing Address 1601 Trapelo Road Waltham, MA 02451 USA Company Description Deciphera Pharmaceuticals, LLC was established in 2003 as a drug discovery and development company with the mission to design, optimize and introduce best-in-class small molecule switch inhibitors of protein kinases for human clinical trials … Continue reading “Deciphera Pharmaceuticals Receives $75,604,034 New Round”
Quilt Garners $3,250,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7b750212-d7c9-485a-abcd-e16cd6fd13f7 Date 7/15/2016 Company Name Quilt Mailing Address Undisclosed Boston, MA 02110 USA Company Description Quilt is for people who live online, value what they have, and expect more from their insurance. We promise: we’ll never make you read pages of legalese or hound you with calls from salesy agents. Website http://www.getquilt.com … Continue reading “Quilt Garners $3,250,000 Seed Funding”
Altiostar Secures $10,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a21478da-7c81-47c6-9eb4-e8f5de4730a4 Date 7/15/2016 Company Name Altiostar Mailing Address 200 Ames Pond Drive Tewksbury, MA 01876 USA Company Description Altiostar is the mobile broadband industry’s first provider of Virtual RAN (vRAN) with Ethernet front haul, for software-intensive LTE eNodeB. Our unique solution is designed to improve quality of experience, enhance spectral efficiency and … Continue reading “Altiostar Secures $10,000,000 New Funding Round”
Amplero Obtains $8,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aeb57085-d1a7-4ab5-996a-fb7739e08ae1 Date 7/15/2016 Company Name Amplero Mailing Address 705 5th Avenue South Seattle, WA 98104 USA Company Description At Amplero, we believe that every B2C company, across every industry has a fundamental choice to make…a choice that is a matter of life or death for their company. It is a simple choice, … Continue reading “Amplero Obtains $8,000,000 Series A Funding Round”
GameOn Secures $2,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ce3cc52b-df86-4ac1-91d0-5c71dec55b64 Date 7/15/2016 Company Name GameOn Mailing Address 550 Bryant St. San Francisco, CA 94107 USA Company Description We’re technologists who love sports. Our mobile app enables fans to chat with their friends while enjoying real-time updates about their favorite teams. We have big plans for the future of the platform, stay … Continue reading “GameOn Secures $2,000,000 New Financing Round”
Scope AR Lands $2,000,000 Seed Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=33842f05-4ee0-4bf5-99b5-832535055b3c Date 7/15/2016 Company Name Scope AR Mailing Address 235 Berry Street San Francisco, CA 94159 USA Company Description Scope AR provides the world’s most advanced augmented reality training solutions and products. We are leading the way in this emerging market, using the latest in smart devices, augmented glasses and software to … Continue reading “Scope AR Lands $2,000,000 Seed Round”
Zenrez Obtains $2,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a7f49caa-97cf-4939-b92a-a24e4ad5aa93 Date 7/15/2016 Company Name Zenrez Mailing Address Undisclosed San Francisco, CA 94107 USA Company Description Zenrez is a last-minute booking platform that enables studios to sell spots to price-conscious fitness goers that would otherwise go unsold. Website http://www.zenrez.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “Zenrez Obtains $2,000,000 New Funding”
Trace Genomics Lands $4,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=345ef5e4-9bd0-4a1b-9d24-cc1fc9a6d716 Date 7/15/2016 Company Name Trace Genomics Mailing Address 953 Indiana Street San Francisco, CA 94107 USA Company Description Our proprietary molecular assay for soil-borne pathogens enables affordable detection of hundreds of pathogens and beneficial organisms simultaneously. Our assay is based on genetic sequencing technology, enabling strain-specific identification and quantitation. Website http://www.tracegenomics.com … Continue reading “Trace Genomics Lands $4,000,000 New Funding”
CyberGRX Garners $9,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=23dcd247-8da0-4529-9403-e6b6e8718515 Date 7/15/2016 Company Name CyberGRX Mailing Address Undisclosed Denver, CO 80210 USA Company Description CyberGRX provides the most comprehensive third-party cyber risk management platform to cost-effectively identify, assess, mitigate and monitor an enterprise’s risk exposure across its entire partner ecosystem. Website http://www.cybergrx.com Transaction Type Venture Equity Transaction Amount $9,000,000 Transaction Round … Continue reading “CyberGRX Garners $9,000,000 Series A Round”
Mangstor Obtains $5,005,077 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fdd04aef-b92e-4f5b-801a-3aaeae94e00f Date 7/15/2016 Company Name Mangstor Mailing Address 108 Wild Basin Drive Austin, TX 78746 USA Company Description Mangstor is a leading developer of NVMe Flash Storage Solutions to accelerate application workloads in Web-scale and Enterprise Data Centers. Mangstor’s NVMe over Fabric Flash Storage Arrays and NVMe Solid-State devices provide the building … Continue reading “Mangstor Obtains $5,005,077 New Financing Round”
Sarepta Stock Down as FDA Seeks More Data from Rival Duchenne Drug
Sarepta Therapeutics still awaits an FDA decision on its Duchenne muscular dystrophy drug. But the agency’s conclusion that another company working on a treatment for the muscle-wasting disease needs to submit more information is leading some observers to believe that approval chances for Cambridge, MA-based Sarepta’s drug are slim. The FDA has informed Santhera Pharmaceuticals … Continue reading “Sarepta Stock Down as FDA Seeks More Data from Rival Duchenne Drug”
Cellectar Biosciences Co-founder Jamey Weichert Stepping Down
Jamey Weichert, co-founder and chief scientific officer of Cellectar Biosciences, will be leaving the company on July 15, Cellectar said in a document filed Thursday with the SEC. Madison, WI-based Cellectar (NASDAQ: [[ticker:CLRB]]) is seeking to commercialize cancer drugs and imaging agents that would be delivered to their targets by special compounds called phospholipid ethers. … Continue reading “Cellectar Biosciences Co-founder Jamey Weichert Stepping Down”
Titan Spine Lands Funding from Texas PE Firm for Surgical Implants
[Updated 7/14/16, 5:34 pm. See below.] Mequon, WI-based Titan Spine says it’s raised a “substantial” round of funding from Southlake, TX-based Southlake Equity Group. The surgical implant maker says it will use some of the money to ramp up sales of its devices already on the market and support the launch of a new product … Continue reading “Titan Spine Lands Funding from Texas PE Firm for Surgical Implants”
Indiana Gov. Mike Pence Proposes $1B for Innovation, Entrepreneurship
Indiana Governor Mike Pence on Thursday unveiled plans to invest $1 billion in Hoosier innovation and entrepreneurship over 10 years, in what he calls a “third century” strategy for growth. Indiana is celebrating its bicentennial this year. Pence, who also is considered a leading candidate for Donald Trump’s vice presidential pick, announced the ambitious initiative … Continue reading “Indiana Gov. Mike Pence Proposes $1B for Innovation, Entrepreneurship”
CyberGRX Gets $9M to Manage Security Risks From Business Partners
An interesting cybersecurity startup emerged from stealth mode in Denver today. CyberGRX, which develops cyber risk management software, said it has closed $9 million in Series A funding, led by Allegis Capital. The company’s other investors include a mix of venture firms such as Blackstone, TenEleven Ventures, Rally Ventures, GV, and MassMutual Ventures, and security … Continue reading “CyberGRX Gets $9M to Manage Security Risks From Business Partners”
Cree Sharpens LED Lighting Focus with Deal to Sell Power & RF Unit
Cree has made no secret of its plans to focus its business on LED lighting. Now the company is ramping up those efforts with the planned sale of a legacy business unit that did not fit that strategy. Durham, NC-based Cree (NASDAQ: [[ticker:CREE]]) announced today that it has a definitive agreement to sell its Power & … Continue reading “Cree Sharpens LED Lighting Focus with Deal to Sell Power & RF Unit”
Indy Cybersecurity Firm Pondurance Prepares for Growth at New Office
Indianapolis-based information security firm Pondurance is in growth mode, nearly doubling its staff of 14 in the past six months and expecting to add another 55 jobs in the next several years. The company’s annual revenue likewise is on pace to double to $8 million this year—just two years after founding partners Ron Pelletier and … Continue reading “Indy Cybersecurity Firm Pondurance Prepares for Growth at New Office”
Why Entrepreneurs Should Care About Inequality and Divisiveness
The horrific news of recent weeks has amplified America’s long-simmering tensions and many divisions, and cast a new and disturbing light on the nature of social and economic inequality in this economy. The shootings that targeted police officers at a peaceful protest in Dallas, which followed the officer-involved shooting deaths of Philando Castile near Minneapolis … Continue reading “Why Entrepreneurs Should Care About Inequality and Divisiveness”
Tour of Texas: Valence, Stellarray, Flux Farms, A&M, StemBioSys
Let’s get caught up on the latest innovation news from Texas’s startup communities. Austin: —Valence Health, a Chicago-based organization with offices in Austin and Corpus Christi, has sold the majority of its business to Evolent Health for $145 million in cash and stock. Founded in 1996, Valence provides advisory and administrative services to hospitals, insurers, … Continue reading “Tour of Texas: Valence, Stellarray, Flux Farms, A&M, StemBioSys”
Augmenix Receives $6,000,000 Series E Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1e5da211-298c-4986-b05a-25f89c2a8ad9 Date 7/14/2016 Company Name Augmenix Mailing Address 204 2nd Avenue Lower Level Waltham, MA 02451 USA Company Description Augmenix’s hydrogel technology improves outcomes in prostate radiation oncology and surgery. Learn more about the SpaceOAR system. Website http://www.augmenix.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round Series E Proceeds Purposes This infusion … Continue reading “Augmenix Receives $6,000,000 Series E Financing”
Unity Technologies Lands $181,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=848669b8-ecdd-4205-8334-1647ef4ddfd6 Date 7/14/2016 Company Name Unity Technologies Mailing Address 795 Folsom Street San Francisco, CA 94107 USA Company Description Unity is all about technology that’s both uniquely usable and extremely powerful. Focusing on clear interplay of features and functionality – from your perspective. As a company we are all about building that … Continue reading “Unity Technologies Lands $181,000,000 Series C Financing”
Refinery29 Obtains New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f84f3a20-81dd-4b5d-b05e-a3c51fbebddf Date 7/14/2016 Company Name Refinery29 Mailing Address 225 Broadway 23rd Floor New York, NY 10007 USA Company Description Refinery29 is the cornerstone of fashion, beauty, and shopping for a new generation. Combining daily local newsletter editions and a website that serves as a global style hub, Refinery29 offers the only 360-degree … Continue reading “Refinery29 Obtains New Funding”
Atlassian Acquires StatusPage.io for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6f21c63e-99c7-4350-8ca0-2894ce3f5b3d Date 7/14/2016 Company Name StatusPage.io Mailing Address 113 E Stuart St. Fort Collins, CO 80525 USA Company Description StatusPage.io launched in 2013 to give companies a better way to be more transparent with their customers. We’re focused on serving companies who provide tools to build products for consumers. We recognize managing … Continue reading “Atlassian Acquires StatusPage.io for Undisclosed Sum”
Fontinalis Closes New $100M Fund Supporting Mobility Startups
When Fontinalis Partners launched its first venture fund in 2009 to invest in early-stage mobility startups, many in the VC world didn’t quite know what mobility was. Defined by Fontinalis as “the efficient movement of goods, people, and services across all modes of transportation,” mobility has come to encompass ridesharing services like Lyft and Uber, … Continue reading “Fontinalis Closes New $100M Fund Supporting Mobility Startups”
Second Genome Replaces DiLaura as CEO, Brings Series B to $51M
[Updated and corrected 7/14/16, 5:49 p.m. ET. See below.] Second Genome, a biotech trying to create small-molecule drugs using its microbiome research, has hired a new CEO and president: Glenn Nedwin, the former CEO of Taxon Biosciences, a microbiome company that was acquired by Dupont last year. Nedwin is replacing Peter DiLaura, the company’s CEO … Continue reading “Second Genome Replaces DiLaura as CEO, Brings Series B to $51M”
No Profits, No Problem: Imprivata Bought by Private Equity for $544M
One of the stalwarts of Boston’s technology scene is going private again. Lexington, MA-based Imprivata, a developer of health IT security software, is getting bought by a private equity firm two years after going public. Imprivata has agreed to be acquired by Thoma Bravo for about $544 million. The price per share ($19.25) represents a … Continue reading “No Profits, No Problem: Imprivata Bought by Private Equity for $544M”
True Fit Nabs $25M to Make Online Shopping More Personal
Shopping is getting more personal, as retailers and brands try to use data analytics to deliver curated and targeted product recommendations to consumers online—and ideally boost sales. The latest example is True Fit, a Woburn, MA-based software company that has amassed millions of data points on the fit and style of shoes and clothing products, … Continue reading “True Fit Nabs $25M to Make Online Shopping More Personal”