Chiasma was on the doorstep of possible of approval of its first drug, a potential treatment for a rare hormonal disorder called acromegaly. Now the Waltham, MA-based company is going to stay there for awhile, because the FDA believes it has a lot more data to accrue before approval is granted. Late Friday, Chiasma (NASDAQ: … Continue reading “Chiasma Shares Crater as FDA Rejects Hormone Drug, Asks For More Data”
San Diego Venture Funding Drops in QI—But Here are Top 10 Deals
The pace of venture capital funding slowed substantially in San Diego during the first quarter, with venture firms investing $253.5 million in 21 startups, according to data from the MoneyTree Report. The amount of capital invested in San Diego was down by almost a third from the same quarter in 2015, when VCs provided over … Continue reading “San Diego Venture Funding Drops in QI—But Here are Top 10 Deals”
An LP Becomes Owner of Silicon Valley VC Firm Northgate
Venture capital firms are usually owned by their founders and other firm executives who actively decide how to invest the money entrusted to them by wealthy individuals and institutions, such as pension funds. The suppliers of capital are called limited partners, and their usual role is to sit back while the VC firm chooses how … Continue reading “An LP Becomes Owner of Silicon Valley VC Firm Northgate”
Organogenesis Obtains $30,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eb5ba27d-2c8b-47f4-8fdc-1e234847a735 Date 4/18/2016 Company Name Organogenesis Mailing Address 85 Dan Road Canton, MA 02021 USA Company Description Having pioneered the field, Organogenesis Inc. is a commercial leader in regenerative medicine, focused in the areas of bio-active wound healing and soft tissue regeneration. The company was originally founded in 1985 as a spin-off … Continue reading “Organogenesis Obtains $30,000,000 New Financing Round”
Allyke Secures $1,300,000 Seed Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d08d068-b6fd-4ae4-8ec4-67617dbc40d9 Date 4/18/2016 Company Name Allyke Mailing Address 14 Mica Lane Wellesley, MA 02481 USA Company Description Allyke was founded on the simple vision of giving omni-channel retailers the power to deliver a complete visual shopping experience that drives consumers to buy. Imagine allowing your consumers to feel the positive emotion of … Continue reading “Allyke Secures $1,300,000 Seed Round”
Wrap Media Secures $9,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=88a62503-62ff-4c2f-bf04-12880cd49ff7 Date 4/18/2016 Company Name Wrap Media Mailing Address 275 Sacramento St. 4th Floor San Francisco, CA 94115 USA Company Description Founded in 2014 by entrepreneur Eric Greenberg, Wrap is a mobile-first storytelling and commerce platform that delivers app-like user experiences in bite-sized pieces through the mobile web. Website http://www.wrap.co Transaction Type … Continue reading “Wrap Media Secures $9,000,000 New Financing”
HomeLight Secures $11,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f3f00409-631e-4ae9-852b-1a54f16b61a8 Date 4/18/2016 Company Name HomeLight Mailing Address 128 Spear Street San Francisco, CA 94105 USA Company Description Buying or selling a home? Let HomeLight help you find the best Real Estate Agent in your area today. We use agent reviews and actual home sales data to analyze agent performance. Website http://www.homelight.com … Continue reading “HomeLight Secures $11,000,000 Series A Financing”
ClassDojo Lands $21,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a3dafcf3-d672-4ade-87f3-49f828cb90e8 Date 4/18/2016 Company Name ClassDojo Mailing Address 735 Tehama Street San Francisco, CA 94103 USA Company Description Build wonderful classroom communities with parents and students. Website http://www.classdojo.com Transaction Type Venture Equity Transaction Amount $21,000,000 Transaction Round Series B Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor General Catalyst … Continue reading “ClassDojo Lands $21,000,000 Series B Funding Round”
Cornershop Receives $6,700,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3063488d-2beb-4c01-a0ce-77a94371400c Date 4/18/2016 Company Name Cornershop Mailing Address 44 Tehama St. San Francisco, CA 94105 USA Company Description Cornershop is the leader in fast grocery delivery for Mexico and Chile. It has been operating its on-demand grocery delivery service since July 2015, in Mexico City and Santiago de Chile. Website http://www.cornershopapp.com Transaction … Continue reading “Cornershop Receives $6,700,000 Series A Funding Round”
Beekeeper Obtains $5,000,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0e34cd38-c10c-4a93-be3c-ac313fd0b285 Date 4/18/2016 Company Name Beekeeper Mailing Address 730 Montgomery St. San Francisco, CA 94111 USA Company Description Beekeeper was founded in 2012 by ETH graduates Flavio Pfaffhauser (MSc in Computer Science) and Cristian Grossmann (PhD in Engineering). They were both passionate about building technology that connects and brings people together. Website … Continue reading “Beekeeper Obtains $5,000,000 Seed Financing”
Sharper Shape Obtains $3,250,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=57c24a5f-4bfe-4d89-9d09-ba98bf33e5b9 Date 4/18/2016 Company Name Sharper Shape Mailing Address 530 Lytton Avenue 2nd Floor Palo Alto, CA 94301 USA Company Description Next Eagle by Sharper Shape is the world’s first automatic asset inspection solution utilizing unmanned aerial vehicles. The solution drastically reduces inspection and maintenance costs for high value assets such as … Continue reading “Sharper Shape Obtains $3,250,000 New Round”
Flipp Receives $61,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6545be19-0211-4505-a7a8-45c48abe50b6 Date 4/18/2016 Company Name Flipp Mailing Address 112 W 34th St. 18th Floor New York, NY 10120 USA Company Description Flipp (formerly Wishabi) was born in 2007 by former Microsoft engineers. We’re backed by some of the largest venture capitalists and retail executives in the world. Website http://www.flipp.com Transaction Type Venture … Continue reading “Flipp Receives $61,000,000 New Funding”
Transactis Obtains $30,000,000 Series E Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d058d10-cd15-48c1-b30d-f7fb675fe46e Date 4/18/2016 Company Name Transactis Mailing Address 1250 Broadway New York, NY 10001 USA Company Description Transactis is a leading provider of secure electronic billing solutions for both end-consumers and billers. Website http://www.transactis.com Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round Series E Proceeds Purposes The company, which has now … Continue reading “Transactis Obtains $30,000,000 Series E Financing”
Prieto Battery Garners $1,039,904 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80fa9887-47a6-4938-83bf-e227e7ad130a Date 4/18/2016 Company Name Prieto Battery Mailing Address 4227 Lookout Lane Fort Collins, CO 80526 USA Company Description Life and technology move so quickly these days that current battery technology can hardly keep up. While the electronic devices that power our lives get exponentially smarter, the batteries that power them improve … Continue reading “Prieto Battery Garners $1,039,904 New Financing Round”
Caringo Garners $1,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=81729459-ade3-47df-adfa-1353ab1e44f6 Date 4/18/2016 Company Name Caringo Mailing Address 6801 North Capital of Texas Highway Austin, TX 78731 USA Company Description Caringo develops software-defined object storage software that gives you control over any volume, velocity or variability of unstructured information; radically reducing complexity and costs while extracting the maximum value and performance from … Continue reading “Caringo Garners $1,500,000 New Round”
Edgile Lands $35,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9844b9f7-5c13-40b2-8b53-e5cd516bb2a7 Date 4/18/2016 Company Name Edgile Mailing Address 7000 N. Mopac Expressway Austin, TX 78731 USA Company Description Edgile was established in 2001 by a team of partners and senior managers from the Big 4 consulting firms to deliver strategic security services to Fortune 500 organizations. Website http://www.edgile.com Transaction Type Venture Equity … Continue reading “Edgile Lands $35,000,000 New Funding Round”
Adtile Secures $2,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b05a22d3-e331-4095-9c8a-04ceabdd127c Date 4/18/2016 Company Name Adtile Mailing Address 11750 Sorrento Valley Road San Diego, CA 92121 USA Company Description All-new mobile ad experience for a world on the move. With Adtile, we are redefining people’s broken relationship with mobile advertising by re-imagining the entire medium. Website http://www.adtile.me Transaction Type Venture Equity Transaction … Continue reading “Adtile Secures $2,000,000 Series A Funding Round”
ShopAdvisor Acquires Retailigence for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=afc6748d-3838-4fb8-b4e1-458f23267ce2 Date 4/18/2016 Company Name Retailigence Mailing Address 541 Jefferson Avenue Redwood City, CA 94063 USA Company Description Retailigence is a hyperlocal marketing platform that utilizes brick-and-mortar inventory data obtained directly from retailers to turn online consumers into offline buyers. Website http://www.retailigence.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes … Continue reading “ShopAdvisor Acquires Retailigence for Undisclosed Sum”
Seattle Week in Review: Tax Day Edition
We’ll pay what we owe Uncle Sam and hold our noses at the breadth and depth of tax evasion efforts by corporations and the super-rich revealed in the Panama Papers. This week, we’re reviewing first-quarter venture investments and filings indicating that Maveron is raising a new venture fund; several new funding rounds, including a big … Continue reading “Seattle Week in Review: Tax Day Edition”
INFLUX Boston
GE. Dell. IBM Watson Health. Lilly. Toyota. Amazon. A flood of fresh faces is poised to reshape Boston’s already-vibrant innovation scene, as high-flying companies open R&D arms, move into new digs, and expand their campuses—joining a wave of disruptive new startups. It’s nothing less than an INFLUX of talent and opportunity. #INFLUXboston
How a San Antonio Company Joined In to Help Conjoined Twins In Need
San Antonio — [Corrected 4:05 p.m. See below.] For a few hours this week, the country was focused on a pair of infant twins in the South Texas town of Corpus Christi, who were conjoined below the waist. Surgeons at Driscoll Children’s Hospital successfully separated the 10-month old babies, Ximena and Scarlett Hernandez-Torres, after 12 … Continue reading “How a San Antonio Company Joined In to Help Conjoined Twins In Need”
West Coast Biotech Roundup: Theranos, Medivation, Juno, and More
Sean Parker, who made billions of dollars investing in Napster and Facebook, hosted a big party this week with Lady Gaga, John Legend, and a lot of movie stars. Oh, and Parker pledged $250 million to create a cancer immunotherapy center in his own name that will coordinate research between six academic centers spread across … Continue reading “West Coast Biotech Roundup: Theranos, Medivation, Juno, and More”
Indiana Firms Draw More Than $22M in First-Quarter Funding
Five innovative Indiana companies attracted more than $22 million in capital during the first quarter of 2016. That’s up from $17.5 million in the same period last year. Leading the way this year was Indianapolis-based neurosurgery device maker Nico, which closed a $15 million funding round in late February. Investors included previous backers River Cities … Continue reading “Indiana Firms Draw More Than $22M in First-Quarter Funding”
ROBLOX Lets The Games Begin in VR: Launches On Oculus Rift
Predicting the potential market for virtual reality is the classic chicken-and-egg question: People will only buy the new crop of VR headsets—on sale for the first time this year—if there are plenty of things to watch or do on them. But content developers can only profit if people buy the headsets. San Mateo, CA-based game … Continue reading “ROBLOX Lets The Games Begin in VR: Launches On Oculus Rift”
Oil Price’s Dip Challenges Energy Entrepreneurs to Rise
Houston — Amid the fallout of Surge Ventures’ failure to thrive are the 32 portfolio companies that remain. These startups, with which Surge founder Kirk Coburn has said he will continue to work, are innovating in a variety of energy fields, by leveraging new apps and software, and novel hardware. They all face their biggest entrepreneurial … Continue reading “Oil Price’s Dip Challenges Energy Entrepreneurs to Rise”
First-Quarter VC Activity Buoyant at $12.1 Billion, & Top 10 Deals
Venture capital firms invested $12.1 billion in 969 startup deals nationwide during the first three months of 2016, marking the ninth consecutive quarter when VCs invested at least $10 billion in new companies, according to the MoneyTree Report. The top 10 deals accounted for 25 percent of all capital deployed during the quarter, and was … Continue reading “First-Quarter VC Activity Buoyant at $12.1 Billion, & Top 10 Deals”
Threat Stack Receives $15,367,290 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fffa8732-2422-4e48-a3dc-47c0f79adbd0 Date 4/15/2016 Company Name Threat Stack Mailing Address 266 Summer Street 3rd Floor Boston, MA 02210 USA Company Description A cloud-native platform that runs on any platform and delivers the uni?ed experience. The best way to identify insider threats, external attacks, data loss & meet compliance. Website http://www.threatstack.com Transaction Type Venture … Continue reading “Threat Stack Receives $15,367,290 New Round”
Vestmark Lands $30,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=53f629cf-c0e8-4ae8-a9db-e185c2f99883 Date 4/15/2016 Company Name Vestmark Mailing Address 100 Quannapowitt Parkway Wakefield, MA 01880 USA Company Description Vestmark’s vision is to create a world-class technology platform and service offering that enables the development, distribution, and management of innovative investment solutions for individual and institutional investors. Website http://www.vestmark.com Transaction Type Venture Equity Transaction … Continue reading “Vestmark Lands $30,000,000 New Funding”
SciAps Secures $1,043,179 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=25d1ec49-927f-44e4-8bc0-ebc2054a208b Date 4/15/2016 Company Name SciAps Mailing Address 2 Constitution Way Woburn, MA 01801 USA Company Description SciAps, Inc., is a Boston-based instrumentation company specializing in portable analytical instruments. Our mission is to provide durable, field-tested, portable instruments to identify any compound, any mineral, any element — anyplace on the planet. Website … Continue reading “SciAps Secures $1,043,179 New Round”
Brandlive Obtains $2,615,245 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=af833eac-ca02-43d9-8fad-286fa0893e66 Date 4/15/2016 Company Name Brandlive Mailing Address 2100 SE Water Ave. Portland, OR 97214 USA Company Description Brandlive enables you to reach your audience with live interactive video. Website http://www.yourbrandlive.com Transaction Type Venture Equity, Debt Transaction Amount $2,615,245 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. 11 investors participated … Continue reading “Brandlive Obtains $2,615,245 New Funding Round”
Eversight Secures $14,120,978 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3fedf79d-8dad-4b12-a09a-3b7bd09c8440 Date 4/15/2016 Company Name Eversight Mailing Address 2479 East Bayshore Road Palo Alto, CA 94303 USA Company Description Eversight’s cloud-based solutions help CPGs and retailers get the most from their trade spend through digital testing for in-store promotions. Website http://www.eversightlabs.com Transaction Type Venture Equity Transaction Amount $14,120,978 Transaction Round Undisclosed Proceeds … Continue reading “Eversight Secures $14,120,978 New Funding”
Onfido Garners $25,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b5b9c204-f37d-4fe1-9847-b3b77a0a4db8 Date 4/15/2016 Company Name Onfido Mailing Address 3260 19th St. San Francisco, CA 94110 USA Company Description Onfido is the data-driven platform for making fast, informed decisions on who you can trust.Onfido delivers next-generation background checks, helping businesses across the world verify anyone, anywhere. Website http://www.onfido.com Transaction Type Venture Equity Transaction … Continue reading “Onfido Garners $25,000,000 New Round”
Imara Lands $31,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7a6a6b33-d31b-4c6f-8166-b62bdb4a0786 Date 4/15/2016 Company Name Imara Mailing Address 1555 Adams Menlo Park, CA 94025 USA Company Description Imara Corporation’s (formerly Lion Cells) mission is to provide superior energy storage solutions and accelerate the adoption of alternative U.S.- based green energy sources. Website Undisclosed Transaction Type Venture Equity Transaction Amount $31,000,000 Transaction Round … Continue reading “Imara Lands $31,000,000 Series A Round”
DigitalGenius Secures $4,100,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9b7e972b-422b-4d3a-9186-d3e7e3af6fc3 Date 4/15/2016 Company Name DigitalGenius Mailing Address 535 Mission St. San Francisco, CA 94105 USA Company Description DigitalGenius is building next-generation conversational automation technologies for the enterprise. At the core of the platform are proprietary natural language processing and artificial intelligence modules that enable Fortune-500 companies, governments and banks to fully … Continue reading “DigitalGenius Secures $4,100,000 New Funding Round”
MightyTV Secures $2,500,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=38f9e597-24e8-43a2-99d7-49cf330e74e5 Date 4/15/2016 Company Name MightyTV Mailing Address 205 East 42nd St. New York, NY 10017 USA Company Description MightyTV is a next generation discovery app that wants to help you find great videos. We are a team of technologists, artists and scientists who like to watch good stuff and we employ … Continue reading “MightyTV Secures $2,500,000 Seed Funding”
DigitalOcean Garners $130,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=24110ad2-46a8-4204-a943-f561836ac863 Date 4/15/2016 Company Name DigitalOcean Mailing Address 270 Lafayette Street New York, NY 10012 USA Company Description Spin up an SSD cloud server, with full root access, in under a minute. Pricing starts at $5/mo for 512MB RAM, 20GB SSD, 1CPU and 1TB transfer. Website http://www.digitalocean.com Transaction Type Debt Transaction Amount … Continue reading “DigitalOcean Garners $130,000,000 New Round”
Shopventory Obtains $400,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ef01b5d9-674e-4120-9ebc-4ee7efcc21cd Date 4/15/2016 Company Name Shopventory Mailing Address P.O. Box 6197 Denver, CO 80206 USA Company Description Shopventory integrates with Square to give you in-depth information about your business. Website http://www.shopventory.com Transaction Type Debt Transaction Amount $400,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. 7 investors participated in the … Continue reading “Shopventory Obtains $400,000 New Round”
Covalent Data Secures $1,200,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4ecccfc9-c872-42e0-88ce-c0456dad2b2b Date 4/15/2016 Company Name Covalent Data Mailing Address 1719 Emerson St. Denver, CO 80218 USA Company Description Covalent Data supports a network of stakeholders throughout the innovation lifecycle, from discovery through commercialization. Learn more about how we support your role. Website http://www.covalentdata.com Transaction Type Venture Equity Transaction Amount $1,200,000 Transaction Round … Continue reading “Covalent Data Secures $1,200,000 Series A Round”
RigUp Receives $15,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=139e9ff7-e0fa-4209-9827-6b931d788793 Date 4/15/2016 Company Name RigUp Mailing Address 701 Brazos St. Austin, TX 78701 USA Company Description RigUp is a platform for the energy industry to digitally interact in a more efficient, safe, and environmentally friendly way. Website http://www.rigup.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “RigUp Receives $15,000,000 New Financing Round”
PillPack Puts Pressure on Express Scripts in Pharmacy Dispute
[Updated, 10:30pm. See below] It’s a timeworn tale: a startup forms a key partnership with a big company, only to see said company change the terms or end the deal. Think Microsoft, Amazon, or any other giant throwing its weight around with smaller players. Now think healthcare—and a fight between one of the fastest-growing local … Continue reading “PillPack Puts Pressure on Express Scripts in Pharmacy Dispute”
Seattle Startup Group14 Technologies Targets Big Boost in Batteries
A new Seattle materials company is developing a technology that could boost lithium ion battery energy density by up to 30 percent, it claims, while also reducing costs. Group14 Technologies is a new spin-out from EnerG2, the 13-year-old Seattle materials company that has a growing business providing engineered carbon materials for other energy storage technologies, … Continue reading “Seattle Startup Group14 Technologies Targets Big Boost in Batteries”
New Trinity Program Offers Paid Internships at San Antonio Startups
San Antonio — Two local tech-related organizations have announced a new program with Trinity University that will offer paid internships at San Antonio startups this summer. Called Students + Startups, the 10-week program will pay 30 students a $4,000 stipend, cover the cost of on-campus housing, and pay for one academic credit hour. It is … Continue reading “New Trinity Program Offers Paid Internships at San Antonio Startups”
Blue Cross Invests in Hygieia, Partners on Diabetes Management Pilot
Insurance provider Blue Cross Blue Shield of Michigan, in its quest for better and cheaper patient care, has formed a new partnership with Ann Arbor, MI-based startup Hygieia. As part of the arrangement, Blue Cross will invest an undisclosed amount in the company, which has developed a digital insulin guidance system called d-Nav, and launch … Continue reading “Blue Cross Invests in Hygieia, Partners on Diabetes Management Pilot”
With $40M Led by GV, Quartet Expands Tech for Mental Health Care
Quartet Health, the data-focused New York company that is trying to connect what it calls behavioral and physical healthcare, has received a $40 million Series B round led by GV, the venture capital arm of Google’s parent company, Alphabet. Quartet plans to spend the new money on gaining clients in five to 10 more major … Continue reading “With $40M Led by GV, Quartet Expands Tech for Mental Health Care”
Verizon Fios, New Digs, Pink Slips & More in Boston Tech Watchlist
[Updated 4/14/16, 1:06 p.m. See below.] There’s a lot of news to recap this week in Boston’s tech scene. We’ve got C-suite shakeups, staff expansions and contractions, and companies making moves in telehealth, robotics, and high-speed Internet service (spoiler alert: there will be more options for Bostonians, but you might be waiting a while). Read … Continue reading “Verizon Fios, New Digs, Pink Slips & More in Boston Tech Watchlist”
Soul-searching in Houston on Energy Innovation as Surge Closes
Houston — Since Surge Ventures closed its cleantech/energy venture accelerator last week, the question lingering has been, If a Surge can’t succeed in Houston—the energy capital of the world—then where? Houston’s prowess in energy turned out to be Surge’s Achilles heel: a lack of buy-in from incumbent oil and gas companies and electric utilities, says Surge founder Kirk Coburn. … Continue reading “Soul-searching in Houston on Energy Innovation as Surge Closes”
East Coast Biotech Roundup: Intellia, What’s Hot, Cydan, Fog & More
Gene editing was in the news again this week, thanks to Intellia Therapeutics, which looks poised to become the second company developing drugs with CRISPR-Cas9 technology to go public. It wouldn’t be a surprise to see a third, CRISPR Therapeutics, follow suit. That means investors will have a chance to place and hedge their bets … Continue reading “East Coast Biotech Roundup: Intellia, What’s Hot, Cydan, Fog & More”
Cydan, NEA’s Orphan Drug Accelerator, Targets Sickle Cell With Startup Imara
Cydan Development, New Enterprise Associates’s orphan drug startup accelerator, has taken a look at around 600 assets since it was formed some three years ago. Sifting through all these potential drugs for diamonds in the rough has been an exhaustive process, perhaps even more so than the firm’s executives expected. “It takes longer to de-risk … Continue reading “Cydan, NEA’s Orphan Drug Accelerator, Targets Sickle Cell With Startup Imara”
Kala Pharmaceuticals Garners $68,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e947e707-9ea3-401a-a2c6-dd9abf1602f8 Date 4/14/2016 Company Name Kala Pharmaceuticals Mailing Address 100 Beaver St. Waltham, MA 02453 USA Company Description Kala Pharmaceuticals, Inc. is a biotechnology company founded upon a proprietary drug delivery technology. By utilizing this unique technology, Kala aims to address unmet therapeutic needs of various diseases and conditions in a fundamentally … Continue reading “Kala Pharmaceuticals Garners $68,000,000 Series C Funding Round”
PitchBook Data Receives $698,739 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=daac488c-516b-4d76-a1a2-05211b7c20bb Date 4/14/2016 Company Name PitchBook Data Mailing Address 901 Fifth Avenue Seattle, WA 98164 USA Company Description We help our clients build the great companies of tomorrow by providing them with the world’s meaningful business information and resources to understand it. Website http://www.pitchbook.com Transaction Type Venture Equity Transaction Amount $698,739 Transaction … Continue reading “PitchBook Data Receives $698,739 Seed Funding Round”