Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=75a1b111-45f0-4d87-9a1f-bb5415e7334c Date 5/25/2016 Company Name EnergySage Mailing Address 120 Water Street Boston, MA 02109 USA Company Description The easiest way to go solar! Installers compete for your business to give you more options and the best deal. Free instant solar estimate. For homes, businesses & non-profits. Website http://www.energysage.com Transaction Type Venture Equity … Continue reading “EnergySage Garners $1,012,913 New Financing Round”
Vedantra Pharmaceuticals Secures $750,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=060217f2-7c59-4950-811a-d0ef3f80b901 Date 5/25/2016 Company Name Vedantra Pharmaceuticals Mailing Address One Kendall Square Cambridge, MA 02139 USA Company Description Vedantra Pharmaceuticals is applying novel nanotechnology-based approaches to develop vaccines for infectious disease and cancer. Website http://www.vedantra.com Transaction Type Venture Equity, Debt Transaction Amount $750,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not … Continue reading “Vedantra Pharmaceuticals Secures $750,000 New Financing”
Crowdly Receives $376,775 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=78ceb260-c14f-4e6e-920b-f6937f11ea3e Date 5/25/2016 Company Name Crowdly Mailing Address 355 Congress Street Boston, MA 02210 USA Company Description Advocate Marketing with Crowdly – Build a Word of Mouth channel made up of your own influential and authentic brand advocates. Website http://www.crowdly.com Transaction Type Venture Equity Transaction Amount $376,775 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Crowdly Receives $376,775 New Financing”
Bloomz Receives $2,300,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f321be92-1a85-4172-bad7-4326597d44ea Date 5/25/2016 Company Name Bloomz Mailing Address 8201 164th Ave NE Redmond, WA 98052 USA Company Description With Bloomz, teachers can safely communicate with parents, share class photos & updates, and coordinate through volunteer and conference signups. Website http://www.bloomz.net Transaction Type Venture Equity Transaction Amount $2,300,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Bloomz Receives $2,300,000 New Round”
Seismic Receives $40,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=af59ab07-1475-4c8f-9277-3c0746a0eba8 Date 5/25/2016 Company Name Seismic Mailing Address 505 Lomas Santa Fe Drive Solana Beach, CA 92075 USA Company Description Seismic is the creator of the LiveDoc platform for brand-approved, real-time enterprise content management. Seismic’s cloud-based platform enables business professionals to quickly create customized materials with the most up-to-date content and real-time … Continue reading “Seismic Receives $40,000,000 Series C Funding”
OspreyData Secures $6,215,807 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ac2faee-2344-42c0-b3e7-62b9fec9dce6 Date 5/25/2016 Company Name OspreyData Mailing Address 31910 Del Obispo San Juan Capistrano, CA 92675 USA Company Description OspreyData provides unique Calculated Sensors which combine attributes and digital signal processing signals to model and predict failure modes. Calculated Sensors greatly increase the amount of information that can be gleamed from an … Continue reading “OspreyData Secures $6,215,807 New Financing”
ScoreBig Receives $6,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bccd8bdc-3bb2-41a1-9b27-6ef428b3910c Date 5/25/2016 Company Name ScoreBig Mailing Address 1800 N. Highland Ave. 1st Floor Hollywood, CA 90028 USA Company Description ScoreBig.com helps consumers to save on great tickets for live sports, concert and theater events – at guaranteed savings of up to 60 percent. Every ticket on ScoreBig.com is below box office … Continue reading “ScoreBig Receives $6,500,000 New Financing”
AutoGrid Systems Lands $20,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b1d3371f-a220-4a8c-bee7-06e488f9b0f2 Date 5/25/2016 Company Name AutoGrid Systems Mailing Address 255 Shoreline Drive Redwood City, CA 94065 USA Company Description AutoGrid Systems is organizing the world’s energy data bringing massively scalable cloud-computing to analyze petabytes of energy data produced by the grid. Website http://www.auto-grid.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction Round … Continue reading “AutoGrid Systems Lands $20,000,000 Series C Financing Round”
vIPtela Receives $75,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a644e229-917c-4aff-af82-35bbcd0fc7bb Date 5/25/2016 Company Name vIPtela Mailing Address 1732 North First St. San Jose, CA 95112 USA Company Description Evolutionary. Not Revolutionary We stay grounded in reality with customer endorsed solutions! Networking industry has lacked innovation over the last decade. vIPtela is bringing it back! Website http://www.viptela.com Transaction Type Venture Equity Transaction … Continue reading “vIPtela Receives $75,000,000 Series C Funding”
Pattern Secures $2,500,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5ed1fa7c-2474-476e-817a-6ad26e3a9c54 Date 5/25/2016 Company Name Pattern Mailing Address Undisclosed Redwood City, CA 94065 USA Company Description We believe salespeople should only have to worry about connecting with their customer, nothing else. We build tools to take care of the rest of the work for you so you can do just that. Website … Continue reading “Pattern Secures $2,500,000 Seed Funding”
Molekule Lands $3,250,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4e5cd4c4-6ebe-4225-a605-7b7b35ff99e6 Date 5/25/2016 Company Name Molekule Mailing Address Undisclosed San Francisco, CA 94103 USA Company Description At Molekule, we set out to tackle a real issue that affects millions. We turned to scientific innovation to find a solution, and feel a moral obligation to take that solution as far as we can. … Continue reading “Molekule Lands $3,250,000 Seed Funding Round”
SigFig Garners $40,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ce7dc23-73b5-42c9-9830-809d6505813c Date 5/25/2016 Company Name SigFig Mailing Address 1663 Mission St San Francisco, CA 94103 USA Company Description Between Wall Street’s profits over people mentality, the fee-riddled investment industry, and portfolio minimums that prohibit millions of investors from accessing quality advice, we felt something had to be done. Website http://www.sigfig.com Transaction Type … Continue reading “SigFig Garners $40,000,000 New Round”
Stem Obtains $15,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d21a6e84-69f4-49d5-b00a-960dac552f6b Date 5/25/2016 Company Name Stem Mailing Address 100 Rollins Road Millbrae, CA 94030 USA Company Description Stem is leading the way to a brighter, more cost-effective energy future. Since 2009, Stem has been analyzing how various types of businesses use electricity and how they are charged for it. Website http://www.stem.com Transaction … Continue reading “Stem Obtains $15,000,000 Series C Financing”
Penny Secures $1,200,000 Seed Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a3bdfb46-e82b-42f4-a23e-c5ca28d50f7b Date 5/25/2016 Company Name Penny Mailing Address Undisclosed San Francisco, CA 94103 USA Company Description Penny sends you beautiful tailored charts and insights to help you know how you’re spending in real time. Avoid overdrafts and where did my money go? damage control. Website http://www.pennyapp.io Transaction Type Venture Equity Transaction Amount … Continue reading “Penny Secures $1,200,000 Seed Financing Round”
Eero Garners $50,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d2d14cf3-5db3-4a15-a4f9-e0d7f8cd1dde Date 5/25/2016 Company Name Eero Mailing Address 230 9th St. San Francisco, CA 94103 USA Company Description eero is the world s first home WiFi system. A set of three eeros covers the typical home. They work in perfect unison to deliver hyper-fast, super-stable WiFi to every square foot. It s … Continue reading “Eero Garners $50,000,000 New Round”
Neuraltus Pharmaceuticals Lands $14,938,357 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fb1930a7-685c-486d-9fd1-fb4c0fbac841 Date 5/25/2016 Company Name Neuraltus Pharmaceuticals Mailing Address 2479 E. Bayshore Road Palo Alto, CA 94303 USA Company Description Neuraltus Pharmaceuticals, Inc. is a privately held biopharmaceutical company dedicated to developing and commercializing innovative small molecule therapeutics for the treatment of neurodegenerative disorders. Website http://www.neuraltus.com Transaction Type Venture Equity Transaction Amount … Continue reading “Neuraltus Pharmaceuticals Lands $14,938,357 New Funding Round”
Radian Generation Garners New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=55ff8f96-726c-45ad-9150-fb518c6210e1 Date 5/25/2016 Company Name Radian Generation Mailing Address 222 Columbus Avenue San Francisco, CA 94133 USA Company Description Radian Generation is an independent solar asset management and field services firm. RadianGEN is a growing team of solar industry veterans, with proprietary technology and processes that deliver best-in-class solar asset management and … Continue reading “Radian Generation Garners New Financing”
Sensifree Obtains $5,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2c51fb8b-451d-4c33-929d-ff02510a4903 Date 5/25/2016 Company Name Sensifree Mailing Address 21631 Stevens Creek Blvd. Cupertino, CA 95014 USA Company Description Our mission is to provide sensors that will make wearables comfortable, accurate and consume low power. Our sensor technology is unique and we are making it affordable for the consumer market. Our heart rate … Continue reading “Sensifree Obtains $5,000,000 Series A Financing”
EyeQ Receives $3,500,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b84ec270-d093-454e-afc7-3331e83030f2 Date 5/25/2016 Company Name EyeQ Mailing Address 3925 West Braker Lane Austin, TX 78759 USA Company Description eyeQ provides next generation digital displays that engage shoppers with personalized content, providing shopper insights and improved sales. Website http://www.eyeqinsights.com Transaction Type Venture Equity Transaction Amount $3,500,000 Transaction Round Series A Proceeds Purposes The … Continue reading “EyeQ Receives $3,500,000 Series A Financing Round”
Merge Labs Lands $10,112,801 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f2bf17c8-9443-467a-bc6d-ad96dd5516d0 Date 5/25/2016 Company Name Merge Labs Mailing Address 110 E. Houston Street 7th Floor San Antonio, TX 78205 USA Company Description Merge Labs is creating a hardware + software platform, which will make casual virtual reality accessible from your favorite smartphone. The MergeVR platform also enables other forms of immersive entertainment, … Continue reading “Merge Labs Lands $10,112,801 New Financing Round”
Wellth Garners Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7bba8a7c-764a-4747-bc53-b5bfa48af9ff Date 5/25/2016 Company Name Wellth Mailing Address Undisclosed New York, NY 10022 USA Company Description Wellth works together with healthcare payors to produce cost-saving behavior changes in their members through science-based incentive plans. Website http://www.wellthapp.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Series A Proceeds Purposes This investment will … Continue reading “Wellth Garners Series A Financing Round”
Retooled Selecta Bio Takes Crossover Cash to IPO Queue
Selecta Biosciences became a candidate to go public when a group of crossover investors—institutions that back both public and private companies—piled $38 million into the company in September. Nine months later, the Watertown, MA-based company is ready to take the leap. Selecta filed papers with the Securities and Exchange Commission late Tuesday outlining plans for … Continue reading “Retooled Selecta Bio Takes Crossover Cash to IPO Queue”
Gilead Brings Back Kevin Young, Former Commercial Exec, As New COO
Gilead Sciences (NASDAQ: [[ticker:GILD]]) has brought back former top executive Kevin Young as chief operating officer. Young spent the past two years as an advisor to the Foster City, CA-based drug maker, and before that was its EVP of commercial operations for ten years. Young’s return fills a gap left by Paul Carter, who replaced … Continue reading “Gilead Brings Back Kevin Young, Former Commercial Exec, As New COO”
Austin Tech Entrepreneurs Develop Non-Profit Ride-Hailing Service
Austin—A group of Austin, TX, tech leaders have announced a new ride-hailing service for the city. RideAustin is pulling up to the curb about two weeks after voters rejected a referendum item that would have nullified the city’s fingerprinting rules for ride-hailing companies’ drivers. Two days after losing that vote, Uber and Lyft—which spent $8 … Continue reading “Austin Tech Entrepreneurs Develop Non-Profit Ride-Hailing Service”
San Antonio Bootcamp Codeup Promotes Ex-Rackspace Employee to CEO
San Antonio — Web developer bootcamp Codeup has a new CEO: Kay Jones, a longtime Rackspace employee, is taking over the helm from co-founder Michael Girdley. Jones joined San Antonio-based Codeup in February as chief operating officer, coming off of more than a decade in various roles at Rackspace (NYSE: [[ticker:RAX]]). Her most recent position … Continue reading “San Antonio Bootcamp Codeup Promotes Ex-Rackspace Employee to CEO”
Lee Newspaper Chain Takes Stake in Milwaukee Adtech Startup Okanjo
The rise of the Internet has had a drastic effect on print media, and there seems to be no going back. For today’s journalists, that means nightly or weekly deadlines often don’t loom as large as they did before newspapers gained the ability to publish at all hours. Their business-side colleagues have also had to … Continue reading “Lee Newspaper Chain Takes Stake in Milwaukee Adtech Startup Okanjo”
Fintech Panel with Dan Gilbert
As part of Detroit Startup Week, Quicken Loans founder and chairman Dan Gilbert will host a panel discussion with financial technology experts about why Detroit is a good place to start a fintech company. Free and open to the public; click here to register.
NuTonomy, Optimus Lead Pack of Self-Driving Vehicle Startups
Here comes the blind fury of autonomous vehicle startups. We knew it was coming, since everyone from Google and Uber to GM and Tesla is working on the technology. Boston-area startup NuTonomy, founded by a pair of MIT scientists in 2013, is the latest to make a splash. The company announced on Tuesday a Series … Continue reading “NuTonomy, Optimus Lead Pack of Self-Driving Vehicle Startups”
Cybersecurity Company Agari Raises $22M For E-Mail Shield
Cybersecurity company Agari, which guards against hacker attacks initiated through fraudulent e-mails, announced today it has raised $22 million in a Series D fundraising round lead by Norwest Venture Partners. Scale Venture Partners and other previous investors joined in the round, which brings San Mateo, CA-based Agari’s total fundraising to $44.7 million. Agari CEO Patrick … Continue reading “Cybersecurity Company Agari Raises $22M For E-Mail Shield”
Join GE, Watson Health, Akamai, and More at INFLUX on June 22
Big companies and innovative startups call Boston home. That’s pretty much always been the case. But now we’re about to see a step change. With GE moving into the Seaport, IBM Watson Health moving into Kendall Square, Dell mega-merging with EMC, and other giants setting up R&D operations (or otherwise expanding their presence), Boston’s profile … Continue reading “Join GE, Watson Health, Akamai, and More at INFLUX on June 22”
Personalized Shopping Startup eyeQ Gets $3.5M to Recommend Products
Austin—EyeQ, which makes software to help retailers provide “personalized shopping” experiences to customers, said Tuesday the company has raised $3.5 million in a Series A funding round. The investment is led by Austin’s Align Capital, a new investor in the company, one that joins previous backers such as the Houston Angel Network and DreamIt Ventures. … Continue reading “Personalized Shopping Startup eyeQ Gets $3.5M to Recommend Products”
Steve Blank Hails NYU Engineering Grads, Talks Building Businesses
Make the most of the days to come while ignoring a few rules along the way was some of the advice Steve Blank shared Monday in a commencement speech for this year’s graduates at NYU Tandon School of Engineering. Known for his methodologies that helped drive the lean startup movement, Blank is a former serial entrepreneur who … Continue reading “Steve Blank Hails NYU Engineering Grads, Talks Building Businesses”
Indico CEO on the Existential Crisis in A.I. and Finding One’s Path
Slater Victoroff’s hands were bleeding, several of his fingernails were chipped and broken, and there was dust in his eyes. He was exhausted. If he stopped moving, he would likely die. As he climbed up the mountain in the eastern Himalayas, he reached a particularly treacherous section. “I actually had the decision laid out in … Continue reading “Indico CEO on the Existential Crisis in A.I. and Finding One’s Path”
nuTonomy Secures $16,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c86b3da5-7ece-4c82-ac46-1f2dbc3b1d1e Date 5/24/2016 Company Name nuTonomy Mailing Address 115 Jackson Street Cambridge, MA 02140 USA Company Description nuTonomy develops and distributes software and algorithms for self-driving cars and autonomous mobile robots. The company also offers fleet management and consulting and system integration solutions. Website http://www.nutonomy.com Transaction Type Venture Equity Transaction Amount $16,000,000 … Continue reading “nuTonomy Secures $16,000,000 Series A Financing Round”
AutoFi Secures $2,816,981 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d64d6dc4-aedd-40e6-995d-17dcd48ae618 Date 5/24/2016 Company Name AutoFi Mailing Address 449 Bryant St. 2nd Floor San Francisco, CA 94107 USA Company Description Hassle Free Auto Loans. Spend time doing the things you love, we’ll take care of the rest. Website http://www.autofi.com Transaction Type Venture Equity Transaction Amount $2,816,981 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “AutoFi Secures $2,816,981 New Financing”
Apixio Lands $19,300,000 Series D Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4bd48689-d69b-455b-91f3-327115f3caa2 Date 5/24/2016 Company Name Apixio Mailing Address 1825 South Grant Street San Mateo, CA 94402 USA Company Description Apixio is a cognitive computing company whose unique platform powers a risk adjustment tool called HCC Profiler. Website http://www.apixio.com Transaction Type Venture Equity Transaction Amount $19,300,000 Transaction Round Series D Proceeds Purposes Apixio … Continue reading “Apixio Lands $19,300,000 Series D Funding Round”
Metadata Garners $2,000,000 Seed Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=20682e09-f67a-4f7f-804e-60995d419330 Date 5/24/2016 Company Name Metadata Mailing Address 720 Market St. San Francisco, CA 94102 USA Company Description Metadata is a next generation demand generation platforms that accelerates customer acquisition for B2B enterprises. By fueling content marketing campaigns with targeted advertising, companies get a surge of opt-in, sales qualified leads (SQLs) month … Continue reading “Metadata Garners $2,000,000 Seed Round”
Entelo Lands $12,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2cd4228c-ae3c-4317-8f95-c9a6e9f58bdb Date 5/24/2016 Company Name Entelo Mailing Address 123 Mission Street 24th Floor San Francisco, CA 94105 USA Company Description Entelo’s recruiting platform enables top talent professionals to find, qualify, and engage with in-demand talent. Website http://www.entelo.com Transaction Type Venture Equity Transaction Amount $12,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Entelo Lands $12,000,000 New Round”
vArmour Networks Obtains $41,000,000 Series D Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cfab09be-7bf6-4bac-89f4-d6f20d0b6bc6 Date 5/24/2016 Company Name vArmour Networks Mailing Address 800 W. El Camino Real Mountain View, CA 94040 USA Company Description vArmour is the pioneer of software defined security, SDSec. vArmour’s SDSec brings a scalable, flexible, programmable, network-based security enforcement layer to the highly agile computing environment in a way that fits. … Continue reading “vArmour Networks Obtains $41,000,000 Series D Funding”
Agari Lands $22,000,000 Series D Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4cf3f45a-768f-4821-a506-ec474ce00e40 Date 5/24/2016 Company Name Agari Mailing Address 100 South Ellsworth Avenue San Mateo, CA 94401 USA Company Description Your customers trust your brand. When cyber criminals erode that trust, your business suffers. Agari locks your customers in by locking cyber criminals out! Website http://www.agari.com Transaction Type Venture Equity Transaction Amount $22,000,000 … Continue reading “Agari Lands $22,000,000 Series D Funding Round”
Goldman Sachs Investment Management Acquires Honest Dollar for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aaa96de9-b415-4430-ab21-2562c15c9c6f Date 5/24/2016 Company Name Honest Dollar Mailing Address 600 Congress Avenue Austin, TX 78701 USA Company Description Stealth Fintech Startup Launching March 13th 2015 Website http://www.honestdollar.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Honest Dollar will remain based in Austin upon completion of the transaction, which … Continue reading “Goldman Sachs Investment Management Acquires Honest Dollar for Undisclosed Sum”
Uber Garners New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b00d97e3-967b-439b-917b-a3e1b7d3c631 Date 5/24/2016 Company Name Uber Mailing Address 1455 Market St. 4th Floor San Francisco, CA 94103 USA Company Description The company has created a mobile application that allows users to request car service to pick them up wherever they are located. Website http://www.uber.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction … Continue reading “Uber Garners New Round”
Roundup: NextChallenge, Ranker, QuantumShift, Comcast, MBDA & More
Here’s a look at news from around Michigan’s innovation hubs: —NextEnergy, Denso, Wells Fargo, and DTE Energy are seeking hardware and software solutions to unmet challenges facing urban areas for NextChallenge: Smart Cities, a global competition designed to inspire innovative technology in smart parking, smart transportation, smart infrastructure, and smart buildings. Submissions will be accepted … Continue reading “Roundup: NextChallenge, Ranker, QuantumShift, Comcast, MBDA & More”
Tour of Texas: Ride-Hailing, CPRIT, Deep Space, Dean Kamen, START
Let’s get caught up with the latest innovation news in Texas. Austin —BeSomebody, an Austin, TX-based, app that connects people seeking experiences with experts in those experiences, is moving to Boston. Founder Kash Shaikh, a former social media marketing executive at Procter & Gamble and GoPro, has created essentially an online self-improvement network that encourages … Continue reading “Tour of Texas: Ride-Hailing, CPRIT, Deep Space, Dean Kamen, START”
Software Robots Are Transforming Old Guard Industries
Everyone’s talking about robots and automation. Do you imagine having a “Rosie” cleaning your home, or the next industrial revolution of automation putting millions out of work? Neither is quite reality, but there is a highly valuable virtual workforce of “software robots” working in today’s offices. They aren’t rolling around like BB-8 delivering the mail, … Continue reading “Software Robots Are Transforming Old Guard Industries”
Arbor Pharma Pays $467M for Struggling XenoPort, Restless Legs Drug
Over the past year, struggling XenoPort has restructured, changed its strategic direction, and reportedly started courting buyers in January. That search looks to have ended today: Arbor Pharmaceuticals has agreed to buy Santa Clara, CA-based XenoPort for $467 million. Arbor, a specialty pharma company based in Atlanta, GA, has agreed to pay $7.03 per share … Continue reading “Arbor Pharma Pays $467M for Struggling XenoPort, Restless Legs Drug”
Magnomics Mastitis Diagnostic Lands Prize, Finds Potential NC Partner
While the financial costs of mastitis are clear, the diagnostic options for this dairy cow infection are muddled. Laboratory tests take days to return to farmers any useful information, time that eats into a dairy farm’s milk production. Magnomics aims to improve mastitis detection with a diagnostic device designed for farm use. The Cantanhede, Portugal-based … Continue reading “Magnomics Mastitis Diagnostic Lands Prize, Finds Potential NC Partner”
Localytics Pushes Toward Profits After Layoffs and Market Slowdown
The tech startup maxim of putting growth before profits has started to reverse itself, as the venture capital boom of the past few years slows down and public investors reward companies with healthy balance sheets. The latest example of the shifting mindset is Localytics. The mobile analytics and marketing software firm has raised $60 million … Continue reading “Localytics Pushes Toward Profits After Layoffs and Market Slowdown”
In Connected Toys, Edwin the Duck Appeals to Consumers, Investors
Edwin the Duck flew onto retailers’ shelves in late November, and within six weeks he’d nested in about 14,000 homes across the country. Now the $100 tech-enhanced rubber ducky is making waves overseas. Introduced in Apple stores throughout Europe last month, Edwin’s early success there has its Indiana-based creators contemplating an international outpost to focus … Continue reading “In Connected Toys, Edwin the Duck Appeals to Consumers, Investors”
Faraday Receives $2,482,179 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f8d4a47e-8519-4a29-a8eb-dee06063412a Date 5/23/2016 Company Name Faraday Mailing Address 5 Court St. Middlebury, VT 05753 USA Company Description Recruit customers using Faraday’s audience management platform. Broad data sources and predictive analytics build high quality direct marketing lists. Website http://www.faraday.io Transaction Type Venture Equity Transaction Amount $2,482,179 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Faraday Receives $2,482,179 New Funding”