Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=20c09f4f-4cc7-4888-ad10-92ba4e6afc70 Date 5/27/2016 Company Name OptoFidelity Mailing Address 440 North Wolfe Road Sunnyvale, CA 94085 USA Company Description OptoFidelity was born under the northern lights of the high technology community in Finland. It was born from founders’ desire to experiment with multi-disciplinary technology and its capabilities. Website http://www.optofidelity.com Transaction Type Venture Equity … Continue reading “OptoFidelity Receives $4,027,320 New Financing Round”
Swish Analytics Garners $1,798,312 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7ce03aa0-db85-4a5d-af48-a8e40ed3606e Date 5/27/2016 Company Name Swish Analytics Mailing Address 300 Broadway Street San Francisco, CA 94133 USA Company Description Swish Analytics, Inc. provides algorithm-driven sports prediction tools for bettors, daily fantasy players, and fans. It offers OPTIMUS, a lineup optimizer tool with custom lineups for daily fantasy contests, point projections, and more. … Continue reading “Swish Analytics Garners $1,798,312 New Financing”
Front Lands $10,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b4f42045-4b64-405d-96ad-e06b195c7c5c Date 5/27/2016 Company Name Front Mailing Address 351 California Street San Francisco, CA 94104 USA Company Description Front takes out the pain of team inboxes and enables you to scale your customer support, your hiring, your sales and more. Website http://www.frontapp.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round Undisclosed … Continue reading “Front Lands $10,000,000 New Financing”
UrbanSitter Lands $201,120 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd0f8c86-df07-42aa-b63c-f392baee4fbd Date 5/27/2016 Company Name UrbanSitter Mailing Address 601 California Street San Francisco, CA 94108 USA Company Description UrbanSitter is an online service which uses Facebook to connect parents with babysitters. Website http://www.urbansitter.com Transaction Type Debt Transaction Amount $201,120 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. 1 investor participated … Continue reading “UrbanSitter Lands $201,120 New Funding Round”
Skillshare Lands $12,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5d49953f-354d-4ff8-a6fe-489d1d7c9cd1 Date 5/27/2016 Company Name Skillshare Mailing Address 284 Mott St. New York, NY 10012 USA Company Description Skillshare is a community marketplace to learn anything from anyone. We believe that everyone has valuable skills and knowledge to teach and the curiosity to keep learning new things. This means our neighborhoods, communities … Continue reading “Skillshare Lands $12,000,000 Series B Round”
InMotionNow Garners $3,100,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=046a1b83-b6ca-4c04-b60a-6f23f787e568 Date 5/27/2016 Company Name InMotionNow Mailing Address 215 Southport Drive Morrisville, NC 27560 USA Company Description inMotion Creative Work Management is an all-in-one solution designed to fit the unique project management needs and workflows of marketing & creative teams. Website http://www.inmotionnow.com Transaction Type Venture Equity Transaction Amount $3,100,000 Transaction Round Undisclosed … Continue reading “InMotionNow Garners $3,100,000 New Round”
Arrivo BioVentures Lands $49,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=88b07384-0310-418a-929e-e7cb4aadc141 Date 5/27/2016 Company Name Arrivo BioVentures Mailing Address 9001 Aerial Center Parkway Morrisville, NC 27560 USA Company Description Arrivo BioVentures, LLC is a privately held biopharmaceutical development company focused on identifying biologics and small molecules to improve patient care. Arrivo is based in Morrisville, N.C., on the edge of Research Triangle … Continue reading “Arrivo BioVentures Lands $49,000,000 New Funding Round”
SteadyServ Technologies Lands $5,400,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1a89a639-25d5-48ff-844d-be4cc438138b Date 5/27/2016 Company Name SteadyServ Technologies Mailing Address 12758 Hamilton Crossing Boulevard Carmel, IN 46032 USA Company Description The SteadyServ iKeg system is a mobile, SaaS-based inventory and order management system for the beer industry. We provide real time intelligence for retail establishment and distributor sales staff members via an app … Continue reading “SteadyServ Technologies Lands $5,400,000 New Funding”
Strategies to Attract More Women and Minorities to Startup Accelerators
Startup incubators and accelerators represent an important avenue of advancement in the tech industry for women and underrepresented minorities. And while several high-profile accelerators are taking specific steps to recruit companies led by diverse founders, progress is slow in coming. That was evident on the stage at the end of Techstars Seattle’s latest Demo Day … Continue reading “Strategies to Attract More Women and Minorities to Startup Accelerators”
FDA Commish Califf to Big Data Crowd: Flood Of New Treatments Coming
New FDA commissioner Robert Califf said Wednesday that the recent spike in drug approvals is no temporary phenomenon, thanks to a better understanding of biology and continued adoption of sophisticated technology throughout healthcare. “I predict we’ll see of a flood of effective treatments”—not just drugs but combinations of drugs and data-enabled devices—“and we’ll have to … Continue reading “FDA Commish Califf to Big Data Crowd: Flood Of New Treatments Coming”
New Proposed Laws, Collaborations Pave Way for Driverless Future
This has been a banner week for Michigan-centric news pertaining to the development of driverless vehicles. On Wednesday, Google announced in a Google+ post that, after placing a team of employees in the metro Detroit area for “the past few years,” it would open a facility in suburban Novi, MI, to develop self-driving car technology. … Continue reading “New Proposed Laws, Collaborations Pave Way for Driverless Future”
Dallas’s Tech Wildcatters Pivots, Puts Startups Through “Gauntlet”
Dallas—How can you disrupt the accelerator? That’s the question Tech Wildcatters asked themselves following pitch day last year. “Instead of putting everybody in a one-size-fits-all program, instead of giving a trophy on day one, we decided to make it more ‘go at your own pace,’” says Gabriella Draney Zielke, the accelerator’s co-founder. So instead of … Continue reading “Dallas’s Tech Wildcatters Pivots, Puts Startups Through “Gauntlet””
San Antonio VR Headset Maker Merge Lands New Funding, Expands Sales
San Antonio — [Updated 1 p.m. See below.] Virtual reality headset maker Merge Labs has raised $10.1 million in new equity funding, according to a filing with the U.S. Securities and Exchange Commission. The company, which sells virtual reality headsets marketed as Merge VR Goggles for $79, had previously raised about $3 million in seed … Continue reading “San Antonio VR Headset Maker Merge Lands New Funding, Expands Sales”
Magic Pens, Goliath Defiers, & More at Techstars Boston Demo Day
[Updated 6/6/16, 11:29 a.m. See below.] Beneath the carefully rehearsed pitches, corny one-liners, and overall pomp and circumstance at Techstars Boston’s 10th demo day Wednesday night, it’s clear that the startup accelerator’s local outpost continues to build solid (if not always flashy) businesses. It’s been seven years since Techstars launched in Boston, its first hub … Continue reading “Magic Pens, Goliath Defiers, & More at Techstars Boston Demo Day”
Minerva’s Shares Soar on Early Data for Schizophrenia Drug
Schizophrenia affects millions of people around the world, which is why any prospective treatment that advances garners close attention. Minerva Neurosciences jumped into the spotlight this morning when an experimental schizophrenia drug it’s developing showed some promise in a mid-stage trial, sending the company’s shares soaring. Now the Waltham, MA-based biotech has to prove that … Continue reading “Minerva’s Shares Soar on Early Data for Schizophrenia Drug”
Agenda Live For Influx—Event Welcomes Boston’s Innovation Newcomers
Every June, Xconomy holds a big Boston event looking at the region’s innovation future. This year is no different, but some big changes are in the air for the Boston tech and life sciences communities—and we retooled our event to explore them. This year’s event is called Influx. It takes place on the afternoon of … Continue reading “Agenda Live For Influx—Event Welcomes Boston’s Innovation Newcomers”
Arrivo BioVentures Lands $49M to Fuel Hunt for New Drugs
Usually when a biotech company makes a large fundraising announcement, the cash is committed to taking a specific drug through clinical trials. Arrivo BioVentures has secured $49 million in capital to first find the drugs to develop. The approach is similar to what the Morrisville, NC-based company’s management team did with three previous biotech firms, … Continue reading “Arrivo BioVentures Lands $49M to Fuel Hunt for New Drugs”
Affectiva Secures $14,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a4099e6e-4743-42f6-a45a-220b1596a0da Date 5/26/2016 Company Name Affectiva Mailing Address 465 Waverley Oaks Road Waltham, MA 02452 USA Company Description MIT-spinoff Affectiva’s emotion sensing and emotion analytics technology is based on patented, deep learning-based science. This is AI come to life. Website http://www.affectiva.com Transaction Type Venture Equity Transaction Amount $14,000,000 Transaction Round Undisclosed Proceeds … Continue reading “Affectiva Secures $14,000,000 New Financing”
Daktari Diagnostics Garners $7,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=18be79fe-7ad7-49b3-9313-6c797013465d Date 5/26/2016 Company Name Daktari Diagnostics Mailing Address 85 Bolton Street Cambridge, MA 02140 USA Company Description Daktari Diagnostics is a healthcare solutions company that enables enhanced disease management in both developed and developing countries. Our portable point-of-care diagnostic platform, with built-in wireless connectivity and an intuitive cloud-based data management system, … Continue reading “Daktari Diagnostics Garners $7,000,000 New Funding Round”
TransMedics Obtains $51,229,735 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b65161e0-02e5-441c-a6f3-dda9c4072be4 Date 5/26/2016 Company Name TransMedics Mailing Address 200 Minuteman Road Andover, MA 01810 USA Company Description TransMedics has developed a revolutionary new system that enables living organ transplants. Website http://www.transmedics.com Transaction Type Venture Equity Transaction Amount $51,229,735 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. 20 investors participated in … Continue reading “TransMedics Obtains $51,229,735 New Funding”
Newlight Technologies Garners $29,237,408 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b9bda8b2-4969-4780-b6b9-875825bb092e Date 5/26/2016 Company Name Newlight Technologies Mailing Address 2941 Randolph Avenue Costa Mesa, CA 92626 USA Company Description At Newlight, we believe that the most sustainable way to reduce the amount of carbon in the air is to use that carbon as a clean, cost-effective resource for the production of commercially … Continue reading “Newlight Technologies Garners $29,237,408 New Financing Round”
Snapchat Obtains $1,808,560,006 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f3fe38db-b1f4-4a1c-9074-ac0152c8ddc2 Date 5/26/2016 Company Name Snapchat Mailing Address 63 Market Street Venice, CA 90291 USA Company Description Snapchat is a new way to share photos with friends and family. We’re making social media fun again. And we’re totally mobile. Website http://www.snapchat.com Transaction Type Venture Equity Transaction Amount $1,808,560,006 Transaction Round Undisclosed Proceeds … Continue reading “Snapchat Obtains $1,808,560,006 New Financing”
Citrine Informatics Garners $8,757,049 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7246c6d9-5ef8-42c7-a0cc-12ec7a35b6ed Date 5/26/2016 Company Name Citrine Informatics Mailing Address 1741 Broadway Street Redwood City, CA 94063 USA Company Description Citrine’s machine learning-based platform mines vast quantities of data about materials, chemicals, and processes to help you hit R&D and manufacturing targets in half the time. Website http://www.citrine.io Transaction Type Venture Equity Transaction … Continue reading “Citrine Informatics Garners $8,757,049 New Financing”
Lightbend Secures $20,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ea9120a7-3d24-44ef-9c26-1368095a02f8 Date 5/26/2016 Company Name Lightbend Mailing Address 625 Market Street 10th Floor San Francisco, CA 94105 USA Company Description The Lightbend Reactive Platform. Helping developers build high-performance applications that are responsive, resilient, elastic and message-driven. Website http://www.lightbend.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction Round Series C Proceeds Purposes The … Continue reading “Lightbend Secures $20,000,000 Series C Financing Round”
Nvest Obtains $29,999,999 Series D Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b7df69b8-cc9a-4594-82f5-7a476b4468ea Date 5/26/2016 Company Name Nvest Mailing Address 225 Valencia St. San Francisco, CA 94103 USA Company Description Nvest is a performance-tracked stock recommendation platform that helps investors gain credible information about the market. Stock investors pay increasing attention to stock advice before their investment decision. However, the problem is that people … Continue reading “Nvest Obtains $29,999,999 Series D Financing Round”
InCorta Receives $9,749,994 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7ff74ea1-cf6a-40f5-90ee-d2739d8b0525 Date 5/26/2016 Company Name InCorta Mailing Address 1500 Fashion Island Blvd. San Mateo, CA 94404 USA Company Description Incorta is the easiest way to gain insight into the powerful data trapped within your business. Quick and insightful analytics into all aspects of your business. Learn how we can help you get … Continue reading “InCorta Receives $9,749,994 New Funding Round”
Demisto Secures $6,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=74492f8f-43b2-4adf-a523-d8b82d50b45d Date 5/26/2016 Company Name Demisto Mailing Address 10056 Orange Avenue Cupertino, CA 95014 USA Company Description You are the front-line – security incident response. You work valiantly to protect your company and its people. Problem is, while there are more security products and threats than ever, there are fewer of you. … Continue reading “Demisto Secures $6,000,000 Series A Funding Round”
Votiro Receives $4,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4d8d3c0d-d702-48ce-acd5-efd1c578ebb5 Date 5/26/2016 Company Name Votiro Mailing Address 640 W. California Avenue 2nd Floor Sunnyvale, CA 94086 USA Company Description Votiro was founded by a team of senior security experts with extensive experience in the public and private sectors of intelligence-gathering and security organizations. Website http://www.votiro.com Transaction Type Venture Equity Transaction Amount … Continue reading “Votiro Receives $4,000,000 Series A Round”
Scoop Garners $5,100,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bca6988f-8bc5-4369-83fb-f3c8ed2a718d Date 5/26/2016 Company Name Scoop Mailing Address 100 Montgomery Street San Francisco, CA 94104 USA Company Description Scoop is a groundbreaking mobile carpooling application for Bay Area commuters founded by brothers and tech entrepreneurs Rob and Jon Sadow. Scoop’s mission is to end traffic congestion nationwide by turning single-occupant vehicles into … Continue reading “Scoop Garners $5,100,000 Seed Funding”
Untapt Garners $458,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7ab9350e-cff4-4dc5-a1a2-00759f5842e6 Date 5/26/2016 Company Name Untapt Mailing Address 225 West 35th Street New York, NY 10018 USA Company Description untapt is the next generation digital hiring platform for technologists and employers. It uses machine intelligence to match candidates with open jobs in tech. Our powerful data-driven platform uses complete candidate and hiring-side … Continue reading “Untapt Garners $458,000 New Funding”
Dashlane Lands $22,500,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0cc93f0d-f15c-4f95-bfb3-6e8b040081a8 Date 5/26/2016 Company Name Dashlane Mailing Address 73 Spring Street New York, NY 10012 USA Company Description Dashlane is rated the best password manager. Autofill with our free form filler. Save receipts, payment types, passwords & personalize your digital wallet. Website http://www.dashlane.com Transaction Type Venture Equity Transaction Amount $22,500,000 Transaction Round … Continue reading “Dashlane Lands $22,500,000 Series C Round”
GetTaxi Obtains $300,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bb1156b0-b652-4ffa-8642-7902dcf7c0bf Date 5/26/2016 Company Name GetTaxi Mailing Address 237 West 35th St. New York, NY 10001 USA Company Description GetTaxi (operating under “GetTaxi” brand in Europe and “Gett” in USA) is Europe’s largest on-demand car service company by revenues and is the leading player in the B2B space globally. Website http://www.gettaxi.com Transaction … Continue reading “GetTaxi Obtains $300,000,000 New Funding”
BigID Secures $2,100,000 Seed Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=178dfe14-890b-4152-9da1-e2d0c8bc3409 Date 5/26/2016 Company Name BigID Mailing Address Undisclosed New York, NY 10022 USA Company Description BigID is an early stage security company focused on helping organizations protect the privacy of their customer data through a first of its kind enterprise privacy management platform. Website http://www.bigid.com Transaction Type Venture Equity Transaction Amount … Continue reading “BigID Secures $2,100,000 Seed Round”
InteliSecure Garners $4,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0d2eaf33-3e01-4cbf-b360-4b36a8abf58a Date 5/26/2016 Company Name InteliSecure Mailing Address 5613 DTC Parkway Greenwood Village, CO 80111 USA Company Description InteliSecure provides comprehensive Critical Asset Protection Solutions & Managed Security Services to help organizations safeguard their most critical assets. Website http://www.intelisecure.com Transaction Type Venture Equity Transaction Amount $4,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “InteliSecure Garners $4,000,000 New Financing Round”
CardioNXT Obtains $1,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6e3cb9f4-ea94-4cfe-8ab3-c0e146c3956f Date 5/26/2016 Company Name CardioNXT Mailing Address Undisclosed Westminster, CO 80021 USA Company Description We are fortunate to have found a partner in Solas BioVentures that truly appreciates our vision and mission of helping treat patients with cardiac arrhythmias such as AFib in a manner that is affordable for the entire … Continue reading “CardioNXT Obtains $1,500,000 New Financing”
OncoResponse Obtains $19,499,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e92d4f7c-0c05-4dcb-9813-61762999fc1f Date 5/26/2016 Company Name OncoResponse Mailing Address 909 Fannin Houston, TX 77024 USA Company Description OncoResponse Inc., an immuno-oncology company located in Houston, Texas, has partnered with MD Anderson Cancer Center (MDACC) to deploy a unique and transformational approach to cancer therapeutic monoclonal antibody and target discovery. Website http://www.oncoresponseinc.com Transaction Type … Continue reading “OncoResponse Obtains $19,499,000 New Funding Round”
Accelerate Learning Secures $10,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cbe72238-dfd7-458b-a3c0-a75f00e6f7b2 Date 5/26/2016 Company Name Accelerate Learning Mailing Address 5177 Richmond Ave. Houston, TX 77056 USA Company Description Accelerate Learning, in conjunction with Rice University, has created the most widely used PreK-12 science curriculum in Texas, STEMscopesTM — and it’s now available nationally. It’s the teachers favorite science program and now serves … Continue reading “Accelerate Learning Secures $10,000,000 Series A Financing”
Reata Pharmaceuticals Garners $60,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=21d9b3ba-3a07-4022-b7ba-ce9f48344254 Date 5/26/2016 Company Name Reata Pharmaceuticals Mailing Address 2801 Gateway Drive Irving, TX 75063 USA Company Description Reata Pharmaceuticals, Inc. (NASDAQ: RETA) is a biopharmaceutical company focused on developing novel treatments for cancer, inflammation, and neurodegenerative diseases. Website http://www.reatapharma.com Transaction Type IPO Transaction Amount $60,500,000 Transaction Round Undisclosed Proceeds Purposes We … Continue reading “Reata Pharmaceuticals Garners $60,500,000 New Financing”
Advancing “Emotion A.I.” for Ads and Gaming: Affectiva Adds $14M
Computers can beat humans at games like chess and Go. They are obviously faster than us at calculations and numerical analysis. But they can’t read people’s emotions as well as we can, or do much of anything useful with that information. Not yet, anyway. But researchers and companies have been trying to close that gap. … Continue reading “Advancing “Emotion A.I.” for Ads and Gaming: Affectiva Adds $14M”
Seismic Raises $40M to Expand Web-based Software for Big Customers
Seismic is making some waves today. The suburban San Diego software company, which specializes in “sales enablement” and content management software for big companies and organizations, says it has raised $40 million in a Series C funding round led by General Atlantic. JMI Equity, an existing investor, also participated in the round. Gary Reiner, a … Continue reading “Seismic Raises $40M to Expand Web-based Software for Big Customers”
After Failed Trial, Forum CEO Dunsire Leaves, Company’s Fate Unclear
Deborah Dunsire, the former head of Millennium Pharmaceuticals and a well-known Boston biotech veteran, is no longer the CEO of Forum Pharmaceuticals, Xconomy has learned. Dunsire’s last day at Waltham, MA-based Forum was on Friday. She told Xconomy she’s formed a biotech consulting company called Southern Cross Biotech Consulting—it isn’t a full-time business, she said—and … Continue reading “After Failed Trial, Forum CEO Dunsire Leaves, Company’s Fate Unclear”
Local Ties Lead to Partnership Between Fetch Rewards and Kraft Heinz
Wes Schroll, the founder and CEO of Fetch Rewards, says that in early 2015, his startup received a call from a man who worked at Oscar Mayer, the meat producer known for its hot dogs, bologna, and Wienermobile. Schroll says the caller lived just outside of Madison, WI—where Fetch Rewards is based and also where … Continue reading “Local Ties Lead to Partnership Between Fetch Rewards and Kraft Heinz”
InCube, Pitt Building Device to Restore Bladder After Spinal Injury
San Antonio — There are obvious physical difficulties that people with spinal-cord injuries face. One that may not be top of mind, but can be both physically and emotionally taxing, is the inability to control their bladders, says Pratap Khanwilkar of San Antonio’s InCube Labs. InCube Labs is working with a researcher from the University … Continue reading “InCube, Pitt Building Device to Restore Bladder After Spinal Injury”
Verizon’s “Multicast” Aims to Put Indy 500 Fans in the Driver’s Seat
Racecar driver Simon Pagenaud started the Angie’s List Grand Prix of Indianapolis from the pole and led 57 of its 82 laps on his way to Victory Circle earlier this month. And Verizon Wireless subscribers across the world were invited along for the ride, thanks to streaming video from in-car cameras delivered via the carrier’s … Continue reading “Verizon’s “Multicast” Aims to Put Indy 500 Fans in the Driver’s Seat”
Spero Rolls up More Antibiotics With Vertex Deal
Spero Therapeutics continues to accumulate assets through acquisitions. This morning, the Cambridge, MA-based startup announced a deal to grab rights to a group of experimental antibiotic compounds from Vertex Pharmaceuticals (NASDAQ:[[ticker:VRTX]]), among them a drug called VXc-486/VXc-100. Spero didn’t disclose the financial terms, just that it will make an upfront payment to Vertex and promise … Continue reading “Spero Rolls up More Antibiotics With Vertex Deal”
Meet the Bad Guys After Your Data
Cyber attacks make news headlines virtually every day; businesses and organizations know the threats are out there and that they need to take action quickly because threats are growing in both number and scope of complexity. The reality is, however, that the “bad guys” are likely already on your network and endpoints, poised to steal … Continue reading “Meet the Bad Guys After Your Data”
EquipmentShare Snags $5.5M for “Airbnb” of Construction Machinery
Dallas—EquipmentShare, an online marketplace for construction equipment, has raised $5.5 million in a Series A funding round. Boston’s Romulus Capital is providing the funding. EquipmentShare essentially works to bring the construction site into the digital age. The company’s website works as its name suggests: contractors, construction firms, and the like with idle equipment—forklifts, cranes, bulldozers—can … Continue reading “EquipmentShare Snags $5.5M for “Airbnb” of Construction Machinery”
Sarepta Saga Drags On as FDA Delays Decision on Duchenne Drug
The multi-year saga of eteplirsen, a Duchenne muscular dystrophy drug from Cambridge, MA-based Sarepta Therapeutics, will continue to drag on. Sarepta (NASDAQ: [[ticker:SRPT]]) said today that the FDA won’t complete its review of its drug, eteplirsen, by the established May 26 deadline. As a result, rather than approve or reject eteplirsen—which has the chance to … Continue reading “Sarepta Saga Drags On as FDA Delays Decision on Duchenne Drug”
A Front Row 5,000 Rows Deep in AltspaceVR’s Virtual Theater
Can a concert in a virtual auditorium sell out? To get the best seat, does your avatar have to camp out overnight at the virtual ticket booth? The questions that come up as virtual reality works its way into the real consumer world are often as mind-bending as Zen koans. But entrepreneurs have already cooked … Continue reading “A Front Row 5,000 Rows Deep in AltspaceVR’s Virtual Theater”
Sophiris Streamlines Operations, Weighs Options on Prostate Drug
[Updated 5/25/16 2:35 pm with analyst comments. See below.] After advancing its experimental prostate drug to late-stage clinical trials, San Diego-based Sophiris Bio (NASDAQ: [[ticker:SPHS]]) has been assessing its strategic options before choosing the best way to continue the clinical trials and seek FDA approval. In the past few weeks, Sophiris has raised additional capital … Continue reading “Sophiris Streamlines Operations, Weighs Options on Prostate Drug”