Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=adde505f-09a5-4c31-90cd-1c7aa21fa2a2 Date 5/19/2016 Company Name SpeechVive Mailing Address 603 Wexford Drive Lafayette, IN 47905 USA Company Description SpeechVive detects when the patient is speaking using an accelerometer which is built into the earpiece. During speech, the device plays a background sound into the user’s ear. Website http://www.speechvive.com Transaction Type Venture Equity Transaction … Continue reading “SpeechVive Receives $2,275,000 Seed Round”
Genstar Capital Acquires Accruent for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=54fb16d2-7709-4efd-93f7-610ecdd81590 Date 5/19/2016 Company Name Accruent Mailing Address 10801-2 North Mo-Pac Expressway Austin, TX 78759 USA Company Description Accruent provides IWMS software solutions for facility management, lease administration, project management, space management and more to leading organizations via the Accruent, FAMIS, Siterra and 360Facility products. Website http://www.accruent.com Transaction Type M&A Transaction Amount … Continue reading “Genstar Capital Acquires Accruent for Undisclosed Sum”
Make Exits, Not Unicorns: Voyager Charts the Early Stage VC Course
Elemental Technologies and Blue Box Group were acquired by Amazon and IBM, respectively, in two of the Northwest’s most prominent technology deals of 2015. Both received initial venture capital investments from Voyager Capital. With these successful exits behind them and the firm’s 20-year anniversary ahead next year, Voyager partners Bill McAleer and Erik Benson sat … Continue reading “Make Exits, Not Unicorns: Voyager Charts the Early Stage VC Course”
In Immuno-Oncology’s Latest Win, FDA OK’s Genentech Drug
South San Francisco, CA-based Genentech, a division of international health giant Roche, announced today the U.S. approval of its drug atezolizumab (Tecentriq) for the most common form of bladder cancer. Nearly 77,000 new cases of the cancer, called urothelial carcinoma, will occur in the U.S. this year, and it will cause more than 16,000 deaths, … Continue reading “In Immuno-Oncology’s Latest Win, FDA OK’s Genentech Drug”
Agenovir Gets $10.6M To Take on Viral Infections With CRISPR
The gene editing system known as CRISPR-Cas9 has electrified the world of science and led to a slew of startups, including two—Editas Medicine and Intellia Therapeutics—that have already gone public. The latest to join the fray is Agenovir, a company incubated at Johnson & Johnson’s JLABS accelerator in South San Francisco that aims to use … Continue reading “Agenovir Gets $10.6M To Take on Viral Infections With CRISPR”
Desai Accelerator Basks in Success of 2015 as New Cohort Starts
The University of Michigan’s Desai Accelerator, a joint venture between the school’s College of Engineering and Ross School of Business that is open to anyone regardless of university affiliation, has chosen its 2016 cohort. Six tech startups were selected from the more than 80 that applied; 83 percent are Michigan-based, 33 percent have female founders, … Continue reading “Desai Accelerator Basks in Success of 2015 as New Cohort Starts”
Indiana’s SpeechVive Nabs $2M for Parkinson’s Speech Devices
SpeechVive, an Indianapolis startup that’s building medical devices for people with Parkinson’s disease, has received nearly $2.3 million in grant money and venture capital to design and build a method for programming its devices. Based on 15 years of research from Purdue University professor Jessica Huber, the company has received $1.3 million from the National … Continue reading “Indiana’s SpeechVive Nabs $2M for Parkinson’s Speech Devices”
HealthDecision Founder Hangs Up the White Coat to Focus on Startup
[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.] Out with “doctor’s orders,” and in with “shared decision-making.” The U.S. healthcare system has witnessed sweeping reforms in recent years. The passage and implementation of the Affordable Care … Continue reading “HealthDecision Founder Hangs Up the White Coat to Focus on Startup”
Boston Deal Watch: RedPoint Global, Nift, BlueArchive, Cogito
It’s time to catch up on a few recent investments in Boston-area tech startups, including a new data storage company from the founders of Carbonite. Read on for details. —RedPoint Global said Wednesday it snagged $12 million in Series C funding from Grotech Ventures and WP Global Partners. Located just outside of Boston in Wellesley, … Continue reading “Boston Deal Watch: RedPoint Global, Nift, BlueArchive, Cogito”
Armed With Patent, Foundation Med Sues Diagnostic Rival Guardant
[Updated, 1:15 pm ET and 7:53pm ET, see below] Cambridge, MA-based Foundation Medicine (NASDAQ: [[ticker:FMI]]), which analyzes tumor and blood samples from cancer patients and provides suggestions for potential genetically targeted medicines, is suing rival diagnostic firm Guardant Health. The patent infringement suit comes swiftly on the heels of Foundation receiving a patent for its … Continue reading “Armed With Patent, Foundation Med Sues Diagnostic Rival Guardant”
CPRIT Marks Midpoint in Texas Agency’s 10-Year Cancer-Fighting Mandate
Austin—Officials at the Cancer Prevention and Research Institute of Texas Tuesday marked the midpoint of the agency’s mandate. “Curing cancer takes 10 to 15 years and costs hundreds of millions of dollars, if not billions,” said Wayne Roberts, CPRIT’s executive director. “But preventions and cures are possible with every advance…Cancer is not cured now, but … Continue reading “CPRIT Marks Midpoint in Texas Agency’s 10-Year Cancer-Fighting Mandate”
As Teradata Moves into Cloud, R&D Lab Steps into Light in San Diego
When Oliver Ratzesberger joined Teradata (NYSE: [[ticker:TDC]]) in 2013, the global computing giant just outside of Dayton, OH, was known for its high-end technology in data warehousing and big data analytics. At that time, Teradata sold its high-performance systems, which consolidate data from different sources, for millions of dollars to many of the biggest companies … Continue reading “As Teradata Moves into Cloud, R&D Lab Steps into Light in San Diego”
Nift Garners $3,000,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=25e01ed0-3cf9-4489-923f-02b2eadce869 Date 5/18/2016 Company Name Nift Mailing Address 25 First Street Cambridge, MA 02141 USA Company Description Nift is an invitation only network of neighborhood businesses. Business owners give Nift gifts to thank existing customers, support other local businesses, and bring great new customers through the door. Website http://www.gonift.com Transaction Type Venture … Continue reading “Nift Garners $3,000,000 Seed Funding Round”
CardioFocus Receives $8,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=291bd6b5-7477-4cdd-b03e-adadd4ce33a4 Date 5/18/2016 Company Name CardioFocus Mailing Address 500 Nickerson Road Marlborough, MA 01752 USA Company Description Development of ablation treatment of cardiac disorders, atrial fibrillation, AFib heart arrhythmia. CardioFocus laser ablation clinical trial. Website http://www.cardiofocus.com Transaction Type Debt Transaction Amount $8,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “CardioFocus Receives $8,000,000 New Funding”
RedPoint Global Lands $12,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ea2f6559-d9f8-4b47-8c95-efb2fef3392c Date 5/18/2016 Company Name RedPoint Global Mailing Address 36 Washington Street Wellesley Hills, MA 02481 USA Company Description The RedPoint Convergent Marketing Platform (CMP) is the only fully integrated, all-in-one marketing platform available today. It provides all of the functionality necessary to receive raw data and, in turn, utilize that data … Continue reading “RedPoint Global Lands $12,000,000 Series C Funding”
PhaseRx Obtains $18,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a9471bca-770c-450c-a4ad-6753ff90174f Date 5/18/2016 Company Name PhaseRx Mailing Address 410 West Harrison Street Seattle, WA 98119 USA Company Description PhaseRx (NASDAQ: PZRX) is an RNAi delivery technology company developing a breakthrough polymer-based system that enables the systemic delivery of RNAi-based drugs and potentially other macromolecules as therapeutic products. Website http://www.phaserx.com Transaction Type IPO … Continue reading “PhaseRx Obtains $18,500,000 New Round”
Lucid Sight Secures $3,500,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5ef5e214-e968-475f-8402-fbcf103672ae Date 5/18/2016 Company Name Lucid Sight Mailing Address Undisclosed Los Angeles, CA 90040 USA Company Description Lucid Sight, Inc. designs and develops innovative Virtual Reality games, apps and experiences. Founded in 2015 by experienced software entrepreneurs and developers, Lucid Sight is 100% VR-focused. Website http://www.lucidsight.com Transaction Type Venture Equity Transaction Amount … Continue reading “Lucid Sight Secures $3,500,000 Series A Round”
PatientPop Lands $10,500,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cf4b212a-c687-4fbb-bbbe-fc33abb9eeba Date 5/18/2016 Company Name PatientPop Mailing Address 1221 2nd Street Santa Monica, CA 90401 USA Company Description Founded in 2014, PatientPop was conceived with one simple goal in mind: Help practices grow automatically. We understand the challenges doctors face simply focusing on patient care and running their practice. Many practices don’t … Continue reading “PatientPop Lands $10,500,000 Series A Funding”
Dedrone Obtains $10,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6838ea13-3802-492e-994c-0b7541a8bb6f Date 5/18/2016 Company Name Dedrone Mailing Address 2758 24th Street San Francisco, CA 94110 USA Company Description We develop Drone Detection Technology – every day with passion. We are currently 30 employees on 3 continents with a common goal: to make your airspace safer. Website http://www.dedrone.com Transaction Type Venture Equity Transaction … Continue reading “Dedrone Obtains $10,000,000 Series A Round”
Purigen Biosystems Lands $18,200,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e9e1fc4-2d31-4a37-aab6-0f8937b85319 Date 5/18/2016 Company Name Purigen Biosystems Mailing Address 7026 Koll Center Pkwy Pleasanton, CA 94566 USA Company Description Purigen Biosystems is redefining nucleic acid sample prep by providing an innovative platform based on the remarkably efficient isotachophoresis technology invented in the lab of Stanford University professor Juan Santiago. Website http://www.purigenbio.com Transaction … Continue reading “Purigen Biosystems Lands $18,200,000 Series A Funding Round”
trueAnthem Receives New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2a6f5570-4ab2-4e4f-bcce-74312719e4b4 Date 5/18/2016 Company Name trueAnthem Mailing Address 25 Taylor St. San Francisco, CA 94102 USA Company Description Social sharing is good. Social influencing is better. Our platform helps you harness the power of influence and earned media to drive real results. Website http://www.trueanthem.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction … Continue reading “trueAnthem Receives New Financing Round”
Embroker Obtains $12,200,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=031f5cc5-bc22-4683-b224-7566fb82e0ca Date 5/18/2016 Company Name Embroker Mailing Address 24 Shotwell Street San Francisco, CA 94103 USA Company Description Embroker’s peer comparison tool helps you benchmark your company’s policies against other companies like yours to make sure you have the right coverage in place. Website http://www.embroker.com Transaction Type Venture Equity Transaction Amount $12,200,000 … Continue reading “Embroker Obtains $12,200,000 Series A Financing”
Notable Labs Secures $4,488,500 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=36167cc2-0cf2-4ca8-941d-7bae04295abb Date 5/18/2016 Company Name Notable Labs Mailing Address 1 Letterman Dr. San Francisco, CA 94129 USA Company Description Personalized medicine promises to match patients with new drugs targeted at their mutations, yet none exist for brain cancer. Website http://www.notablelabs.com Transaction Type Venture Equity, Debt Transaction Amount $4,488,500 Transaction Round Undisclosed Proceeds … Continue reading “Notable Labs Secures $4,488,500 New Financing”
Agenovir Lands $10,600,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a467dbdc-96dc-4941-ba22-7efcaa4798bd Date 5/18/2016 Company Name Agenovir Mailing Address 329 Oyster Point Blvd. 3rd Floor South San Francisco, CA 94080 USA Company Description Agenovir is a leader in the research and development of a novel class of human therapeutics to address diseases associated with or caused by latent or persistent viral reservoirs. The … Continue reading “Agenovir Lands $10,600,000 Series A Financing Round”
Avanan Secures $14,900,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ead6be66-f6a9-4831-a6ab-268f160acade Date 5/18/2016 Company Name Avanan Mailing Address 137 Varick St. 2nd Floor New York, NY 10013 USA Company Description AVANAN protects your data in the cloud with the same industry-leading security you trust in your datacenter. The cloud-based platform is completely out-of-band, requires no proxy, and can be deployed in just … Continue reading “Avanan Secures $14,900,000 Series A Financing Round”
Teckst Receives $2,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cbe02903-9f77-4c66-b566-94f7f7b55cdc Date 5/18/2016 Company Name Teckst Mailing Address 568 Broadway 11th Floor New York, NY 10012 USA Company Description Teckst is the leading text messaging service for enterprises. Unlike text notifications & marketing, Teckst is a communication service for two-way dialogue intended to replace expensive phone calls, lengthy emails, and public social … Continue reading “Teckst Receives $2,500,000 New Round”
Virtual Health Lands New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8446884a-9eb0-4ae9-9f13-c891d644dff4 Date 5/18/2016 Company Name Virtual Health Mailing Address 115 Fifth Avenue 3rd Floor New York, NY 10003 USA Company Description Virtual Health is the industry’s first true population health management platform, replacing ineffective legacy systems and information silos with a single ecosystem to proactively manage complex populations in a value-based environment. … Continue reading “Virtual Health Lands New Round”
Geodesic Capital Closes $335M First Fund For Growth Investing
Geodesic Capital, a year-old venture capital firm that plans to help U.S. companies expand into Japan and other countries in Asia, has raised a $335 million inaugural fund with backing from anchor investor and co-founder Mitsubishi. In addition to Mitsubishi’s business contacts as a diverse global enterprise, Foster City, CA-based Geodesic comes with the ready-made … Continue reading “Geodesic Capital Closes $335M First Fund For Growth Investing”
Agios, Celgene Jump into Immuno-Oncology in Revamped Alliance
Agios Pharmaceuticals rode a wide-ranging partnership with Celgene to a big IPO a few years ago. Today the two companies are partnering once again in a deal that will see Agios try its hand at the increasingly competitive field of cancer immunotherapy. Specifically, Cambridge, MA-based Agios (NASDAQ: [[ticker:AGIO]]) is getting $200 million up front from … Continue reading “Agios, Celgene Jump into Immuno-Oncology in Revamped Alliance”
Studies Tout Massachusetts Tech Scene, But Talent Issues Loom
Several days after one study ranked Boston as the U.S. city best positioned to capitalize on the transition to a digital economy, a new report bolsters Massachusetts’s tech credentials—but with some important caveats that could hinder the Bay State’s growth. Last week, a report titled “Innovation That Matters” drew national attention with its somewhat surprising … Continue reading “Studies Tout Massachusetts Tech Scene, But Talent Issues Loom”
Foundation Med Gets U.S. Patent For Cancer Analysis
Cambridge, MA-based Foundation Medicine (NASDAQ: [[ticker:FMI]]) has built a business on analyzing cancer patient biopsies for the specific genetic alterations that might be fueling their disease. Now Foundation says, in a press release this morning, that it has received a U.S. patent that covers the “fundamental claims” of its technology. It’s not immediately clear if … Continue reading “Foundation Med Gets U.S. Patent For Cancer Analysis”
Expanding in Stomachs and in Europe, Allurion Adds $6M
Plenty of companies sell pills for weight loss or obesity treatment. None of them are quite like Allurion Technologies. The Wellesley, MA-based startup makes an ingestible “pill” containing a gastric balloon that a doctor fills with fluid through an attached tube to help a patient feel full. The tube is then removed via the patient’s … Continue reading “Expanding in Stomachs and in Europe, Allurion Adds $6M”
As He Bids to Buy Company, What Are Dan Gilbert’s Plans for Yahoo?
According to a report published in the Detroit News today, Quicken Loans chairman Dan Gilbert is serious enough about buying Yahoo that he’s lined up financing from investor Warren Buffett, the second-richest man in America. Buffett told CNBC Monday that his firm, Berkshire Hathaway, has offered to be a potential finance partner while Gilbert leads … Continue reading “As He Bids to Buy Company, What Are Dan Gilbert’s Plans for Yahoo?”
Gerngross Mulls Buying Back GlycoFi After Merck Closes HQ
[Updated, 1:05 pm ET] What does the future hold for GlycoFi, the Lebanon, NH-based company that Merck bought for $400 million in 2006? The Valley News first reported on Sunday that GlycoFi has moved out of its headquarters at the Dartmouth Regional Technology Center, and that a “select number” of employees have transferred to other … Continue reading “Gerngross Mulls Buying Back GlycoFi After Merck Closes HQ”
A Peek Into Boxbee’s Pivot From a Storage Service to Software
[Updated 5/18/16, 6:50 am. See below.] Change is not always easy, but for some startups it is a shot at evolving into something tangible. Confronted with uncertain prospects for growth, the team at Boxbee, based in New York, pivoted away from its original business—which was managing the pickup and storage of personal property for its customers. … Continue reading “A Peek Into Boxbee’s Pivot From a Storage Service to Software”
Learn These Tech Skills & Get a Raise, PayScale Report Says
Want to make a few extra (thousand) bucks? For software developers, it’s possible if you add a few trending programming languages to your resume, according to Seattle-based PayScale, a crowdsourcing and data analytics company that seeks out and provides salary information. Developers and programmers who learn the Go or Scala computer programming languages will make … Continue reading “Learn These Tech Skills & Get a Raise, PayScale Report Says”
Allurion Technologies Receives $6,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=77cfbfeb-299d-4c31-b1fc-631860a9861b Date 5/17/2016 Company Name Allurion Technologies Mailing Address 888 Worcester Street Wellesley, MA 02482 USA Company Description Developers of the Elipse: the world’s first procedureless gastric balloon for weight loss. Website http://www.allurion.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed by the … Continue reading “Allurion Technologies Receives $6,000,000 New Funding Round”
Mitralign Garners $39,800,000 Series E Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5d11890b-d5d0-40bd-8510-a531cea9cf3e Date 5/17/2016 Company Name Mitralign Mailing Address 3 Highwood Drive Tewksbury, MA 01876 USA Company Description We are currently developing an innovative, catheter- based mitral valve repair system that not only provides an alternative to open heart surgery but emulates the traditional surgical repair technique. The condition treated,mitral valve regurgitation (MR), … Continue reading “Mitralign Garners $39,800,000 Series E Funding”
Moment Garners $2,999,992 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=16d51446-c5a3-4d18-9b86-609b3870cf7d Date 5/17/2016 Company Name Moment Mailing Address 425 Westlake Ave. N Seattle, WA 98109 USA Company Description You’ll instantly feel the quality of these lenses, and that’s not an accident. With a perfect balance of size and weight, they’re proportional to your phone and extremely minimal. Clean lines and a machined … Continue reading “Moment Garners $2,999,992 New Funding”
Zeality Lands New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=548e3f06-4ace-4bd4-aefb-44298e34cd56 Date 5/17/2016 Company Name Zeality Mailing Address 3733 Selvante St. Pleasanton, CA 94566 USA Company Description Currently focusing on today’s global mass-reach mobile platforms, Zeality powers the experience on iOS and Android smart phones and tablets, enabling users to discover, stream, download, view and share the best 360°/VR content from the … Continue reading “Zeality Lands New Funding”
Kontiki Lands $12,249,943 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=843547c9-c442-45b4-8390-5ed382f44a9c Date 5/17/2016 Company Name Kontiki Mailing Address 1001 W. Maude Ave Sunnyvale, CA 94085 USA Company Description Kontiki’s secure, scalable, and legitimate P2P delivery platform powers the world’s largest media companies broadband video on-demand download services including the BBC iPlayer, and BSkyB’s Sky Anytime on PC service, in the UK. Website … Continue reading “Kontiki Lands $12,249,943 Series C Financing Round”
BigPanda Garners $5,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4bb22c8b-2307-4e4d-9a11-834a618df8cc Date 5/17/2016 Company Name BigPanda Mailing Address 195 Page Mill Road Palo Alto, CA 94306 USA Company Description With BigPanda you can automate your incident management process. Automatically group alerts into consolidated incidents. Try it now for free! Website http://www.bigpanda.io Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Series B … Continue reading “BigPanda Garners $5,000,000 Series B Funding Round”
Healthify Lands $2,500,000 Seed Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd675e0f-311e-45eb-a35c-7f0c9fa32522 Date 5/17/2016 Company Name Healthify Mailing Address 110 Wall Street 3rd Floor New York, NY 10005 USA Company Description Healthify is the leading software solution for helping healthcare organizations to address the social determinants of health for their patients. Website http://www.healthify.us Transaction Type Venture Equity Transaction Amount $2,500,000 Transaction Round Seed … Continue reading “Healthify Lands $2,500,000 Seed Financing Round”
Shinesty Secures $665,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3f07414a-1e3a-4c22-88fe-2c7e346f64cf Date 5/17/2016 Company Name Shinesty Mailing Address 4841 Hopkins Place Boulder, CO 80301 USA Company Description When worn correctly, the right clothing can help you make Mike Tyson’s albino tiger purr like a kitten, blow the minds of onlookers everywhere, or even be a major contributing factor in the creation of … Continue reading “Shinesty Secures $665,000 New Financing”
Connecture Receives $52,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cf3c015d-b6f8-48c7-9610-ec0b58323fd9 Date 5/17/2016 Company Name Connecture Mailing Address 18500 West Corporate Drive Brookfield, WI 53045 USA Company Description Effectively distribute health insurance online and empower consumers to make sound decisions with confidence. Website http://www.connecture.com Transaction Type Venture Equity Transaction Amount $52,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. 3 … Continue reading “Connecture Receives $52,000,000 New Financing Round”
Smart Choice MRI Raises Another $7M, From Illinois Hospital System
Smart Choice MRI, which charges patients a flat rate of $600 or less rate for scans, has raised $7 million from Edward-Elmhurst Health. Smart Choice CEO Rick Anderson says his company will use the latest financing to help fund its rapid expansion. The growth of the Mequon, WI-based business has so far been contained to … Continue reading “Smart Choice MRI Raises Another $7M, From Illinois Hospital System”
Aduro Takes Hit On Pancreatic Cancer Trial Miss, But Shares Rebound
Trading of Aduro BioTech shares was halted earlier today as the drug maker said patients with advanced pancreatic cancer taking a combination of its immunotherapies in a clinical trial did not fare as well as those on standard chemotherapy. Due to the disappointing results, Berkeley, CA-based Aduro (NASDAQ: [[ticker:ADRO]]) will shelve its work on third-line … Continue reading “Aduro Takes Hit On Pancreatic Cancer Trial Miss, But Shares Rebound”
CarGurus CEO on Profitable Tech Startups, and Why Uber Is Road Kill
CarGurus might be the biggest Boston-area consumer tech company you’ve never heard of, but founder and CEO Langley Steinert is ready to change that. Based in Cambridge, MA, the decade-old firm has grown to more than $100 million in annual revenue and around 300 employees, with much of that growth coming in the past couple … Continue reading “CarGurus CEO on Profitable Tech Startups, and Why Uber Is Road Kill”
Meet the UbiMobility 2016 Delegation
The Michigan chapter of the French-American Chamber of Commerce and Business France host this event highlighting “French tech, innovation, and savoir-faire in connected and autonomous vehicles.” The event ties into UbiMobility: Connected Cars France, a 10-month business immersion program designed to help French companies increase their visibility and gain access to the American autonomous vehicle … Continue reading “Meet the UbiMobility 2016 Delegation”
Boston Ride-Hailing Service Fasten Seeks Inroads to Austin Market
Austin—In the wake of Uber and Lyft’s departure from Austin, a Boston-based ride-hailing service said it will launch its service later this month. The company has said it will comply with the city’s regulations regarding background checks of drivers. Uber and Lyft had fought against those rules, saying they were an unnecessary infringement on their … Continue reading “Boston Ride-Hailing Service Fasten Seeks Inroads to Austin Market”