Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4b950f13-54d0-4541-99ba-00b45b742717 Date 3/16/2016 Company Name Marley Spoon Mailing Address 336 W 37th St. New York, NY 10018 USA Company Description Marley Spoon chefs create inspiring and mouthwatering recipes every week. You select what you would like to cook (no subscription) and they deliver the recipes and all the ingredients you need. Website … Continue reading “Marley Spoon Secures $17,000,000 Series B Funding”
Handshake Corp. Secures $14,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8bc78b7e-d5c5-4952-9bbf-414b9c5d7f55 Date 3/16/2016 Company Name Handshake Corp. Mailing Address 627 Broadway 9th Floor New York, NY 10012 USA Company Description Handshake is a sales order management platform that lets your team write and receive orders on the iPad, iPhone and Web. Handshake is used globally by sales reps and teams selling B2B, … Continue reading “Handshake Corp. Secures $14,000,000 Series B Financing”
Verizon Digital Media Services Acquires Volicon for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a39a9ca7-29b0-40b7-a25a-2a6def18c532 Date 3/16/2016 Company Name Volicon Mailing Address 111 South Bedford Street Burlington, MA 01803 USA Company Description Volicon provides turnkey digital video archiving and streaming solutions, including the award-winning Observer multichannel video monitoring and logging system, for the television broadcast industry, cable programmers, cable MSOs and corporate and government markets. Website … Continue reading “Verizon Digital Media Services Acquires Volicon for Undisclosed Sum”
ImmunogenX Acquires Alvine Pharmaceuticals for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4ee9d18b-4d01-4e2e-8df2-d4376a59cb4f Date 3/16/2016 Company Name Alvine Pharmaceuticals Mailing Address 75 Shoreway Rd San Carlos, CA 94070 USA Company Description Alvine Pharmaceuticals, Inc., is a biopharmaceutical company dedicated to developing and commercializing therapeutics for the treatment of Celiac sprue. Website http://www.alvinepharma.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms … Continue reading “ImmunogenX Acquires Alvine Pharmaceuticals for Undisclosed Sum”
Edtech Startup Credly Raises $2.5M Seed Round From VCs, Lumina Foundation
Credly, a New York edtech company that manages digital credentials for learned skills, said today it raised $2.5 million in a seed financing round led by venture firms University Ventures and New Markets Venture Partners. Credly allows universities, employers, licensing agencies, and other organizations to create electronic badges that represent anything from an earned college … Continue reading “Edtech Startup Credly Raises $2.5M Seed Round From VCs, Lumina Foundation”
Its Stock Price Still Flagging, Connecture Raises $52M From Investors
Connecture, a company that develops Web-based software designed to aid consumers shopping for health insurance, said that it has raised $52 million from investors in an effort to bolster its financial position. In a news release, Brookfield, WI-based Connecture (NASDAQ: [[ticker:CNXR]]) said it will use the money “to strengthen its financial profile through reduced leverage and … Continue reading “Its Stock Price Still Flagging, Connecture Raises $52M From Investors”
Post NexGen Purchase, Austin Software Firm Pivot3 Raises $55M
Austin — Software company Pivot3 today closed on $54.6 million in equity and bank financing. Pivot3 sells software for computing, memory, and storage on a “commodity priced” hardware server— inexpensive Web-based storage as well as computing power to businesses ranging from casinos to correctional departments and aviation authorities. . Investors included Argonaut Private Equity in … Continue reading “Post NexGen Purchase, Austin Software Firm Pivot3 Raises $55M”
I Think, Therefore I Am: Startup Experts Talk A.I. at SXSW
Even executives of companies that develop the world’s leading artificial intelligence software have time to catch a few movies. True to form, it seems the flicks they pick are typically about artificial intelligence. “‘Her’ was particularly interesting, because this machine, this operating system… She was able to empathize with him, able to get him out … Continue reading “I Think, Therefore I Am: Startup Experts Talk A.I. at SXSW”
Payoneer Acquires Armor Payments in Fintech Tie-Up
New York-based business-to-business online payments service Payoneer on Tuesday announced it acquired Armor Payments, a Silicon Valley-based, escrow-as-a-service payment company. Terms of the deal weren’t disclosed. Armor’s software will be integrated into Payoneer’s platform to offer a service that lets business-to-business buyers and suppliers conduct escrow payments to accounts around the world. Under the combined service, … Continue reading “Payoneer Acquires Armor Payments in Fintech Tie-Up”
Blueprint, Roche Ink Milestone Deal for Cancer Immunotherapy
Blueprint Medicines has another deal on its plate that could net it hundreds of millions of dollars. The Cambridge, MA-based biotech raised $147 million in an initial public offering last year, two months before it received FDA approval to begin clinical trials on its two lead drug candidates in July. Now Blueprint has signed a deal … Continue reading “Blueprint, Roche Ink Milestone Deal for Cancer Immunotherapy”
Procrastinator’s Special Ends Today for NY’s Life Science Disruptors
We’re only two weeks away from New York’s Life Science Disruptors, and today is the last day to save with our Procrastinator’s Special. Join us on Tuesday, March 29, for an evening of insightful stories from life sciences executives and venture capitalists who are trying to build New York into the next big biotech hub. … Continue reading “Procrastinator’s Special Ends Today for NY’s Life Science Disruptors”
Racing Zika: For Every Short Cut, There’s An Open Question
[Updated 3/15/16, 7:16pm; corrected 3/16/16, 7:00pm. See below.] In the Luganda language, zika means “overgrown.” It’s also the name of the Ugandan forest where, in the mid-20th century, researchers discovered the now-notorious virus. Dense forest is an appropriate and vivid image for the latest global health threat. So much about the virus and its effects … Continue reading “Racing Zika: For Every Short Cut, There’s An Open Question”
Raffling Roombas at Robo Madness; Saver Bot Ends Tonight
There’s no doubt robotics and artificial intelligence will be an even bigger part of our daily lives in the next few years. Look how far we’ve come with Siri, Amazon’s Echo, and iRobot’s Roomba. In a couple of weeks, Xconomy is bringing together Boston’s top entrepreneurs, investors, and innovators to discuss future opportunities in these … Continue reading “Raffling Roombas at Robo Madness; Saver Bot Ends Tonight”
Boston Tech Watch: Accelerators, Acquisitions, Hiring & Firing, More
This week in Boston tech, we’re tracking the latest news about local accelerators, company acquisitions, office expansions, and more. Read on for details. Accelerators rise and fall —A new accelerator program serving digital health startups and run by MassChallenge will soon open in the Hatch Fenway startup co-working space in Boston, located in the Landmark … Continue reading “Boston Tech Watch: Accelerators, Acquisitions, Hiring & Firing, More”
QLess Lands $2,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=195b48df-2fc1-410d-88ba-333a02d679fe Date 3/15/2016 Company Name QLess Mailing Address 150 S Los Robles Ave. Pasadena, CA 91101 USA Company Description QLess began in 2007 by co-founders Alex Bäcker and Tim McCune who envisioned a “world without lines” and set out to provide a solution to this global problem. The QLess platform eliminates lines … Continue reading “QLess Lands $2,500,000 New Financing Round”
RapidScale Secures New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=36795c8c-9966-4dbc-90a1-9fffd6cec5d9 Date 3/15/2016 Company Name RapidScale Mailing Address 100 Pacifica Irvine, CA 92618 USA Company Description RapidScale was founded in 2008 by a team of technology professionals. We are headquartered in Irvine, CA and have employees throughout the US in numerous roles. RapidScale is an industry leading cloud company. Our cloud computing … Continue reading “RapidScale Secures New Financing”
Focal Therapeutics Secures $3,826,471 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b2e2b617-d7ff-472c-92cb-caa2b4cc4e78 Date 3/15/2016 Company Name Focal Therapeutics Mailing Address 30 Enterprise Aliso Viejo, CA 92656 USA Company Description Focal Therapeutics is a medical device company that was established to help surgeons, radiation oncologists, and other clinicians to clearly identify a surgical site through the use of an innovative tissue marker. Website http://www.focalrx.com … Continue reading “Focal Therapeutics Secures $3,826,471 New Funding”
Skyport Systems Obtains $30,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6bfa7dee-6815-43f4-af20-94b5c1758340 Date 3/15/2016 Company Name Skyport Systems Mailing Address 280 Hope St. Mountain View, CA 94041 USA Company Description Skyport Systems is rethinking enterprise security. We believe that the enterprise requires a fundamentally new approach to security, which requires a fundamentally new approach to secure computing — Hyper-Secured Infrastructure. Website http://www.skyportsystems.com Transaction … Continue reading “Skyport Systems Obtains $30,000,000 Series C Funding”
Spirox Obtains $45,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=558b1e25-114c-4cee-ae64-df9fb6de7cfb Date 3/15/2016 Company Name Spirox Mailing Address 3475 Edison Way Menlo Park, CA 94015 USA Company Description Spirox is focused on developing minimally invasive technologies to improve the quality of life for patients with nasal obstruction. Website http://www.spiroxmed.com Transaction Type Venture Equity Transaction Amount $45,000,000 Transaction Round Series C Proceeds Purposes … Continue reading “Spirox Obtains $45,000,000 Series C Financing Round”
Couchbase Obtains $30,000,000 Series F Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f60a2981-53c6-45c0-935e-e23143cfc626 Date 3/15/2016 Company Name Couchbase Mailing Address 2440 West El Camino Real Mountain View, CA 94040 USA Company Description Couchbase provides products and services that enable customers to dramatically lower costs while simultaneously improving the scalability and performance of their interactive applications. Couchbase is behind some of the world’s busiest Web … Continue reading “Couchbase Obtains $30,000,000 Series F Funding”
Alooma Receives $11,200,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=628a2518-ea29-4558-8232-f3c31565dd73 Date 3/15/2016 Company Name Alooma Mailing Address 444 Castro St. Mountain View, CA 94041 USA Company Description Our mission: To build the best in class data infrastructure on the planet Engineers, designers, sales and marketing managers, and administrators – we all dream and breathe data pipelines, so you don’t have to. … Continue reading “Alooma Receives $11,200,000 Series A Round”
Pave Receives $5,600,063 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=84710803-ba40-448c-8ad4-8b4577898cb0 Date 3/15/2016 Company Name Pave Mailing Address 200 Varick Street New York, NY 10014 USA Company Description Pave operates an online lending platform for loans made by Cross River Bank, focused on lending to Millennials across most of the United States. Website http://www.pave.com Transaction Type Venture Equity Transaction Amount $5,600,063 Transaction … Continue reading “Pave Receives $5,600,063 Series A Financing”
LANDesk Group Acquires AppSense for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a167e24-cc8d-4d2c-95c8-4db3bf3aff9c Date 3/15/2016 Company Name AppSense Mailing Address 17 State Street 19th Floor New York, NY 10004 USA Company Description AppSense, the leading provider of user virtualization solutions for enterprises, makes physical and virtual desktop deployment possible by ensuring a seamless user experience across all delivery platforms. Website http://www.appsense.com Transaction Type M&A … Continue reading “LANDesk Group Acquires AppSense for Undisclosed Sum”
Cirrusmd Receives $1,047,039 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=37526645-7a0f-4b9f-a3e4-92751d32fbaa Date 3/15/2016 Company Name Cirrusmd Mailing Address Undisclosed Denver, CO 80202 USA Company Description CirrusMD offers you the ability to securely text message, share images and video chat with actual doctors over smartphones, tablets and computers. Schedule an appointment anytime, anywhere. Website http://www.cirrusmd.com Transaction Type Venture Equity Transaction Amount $1,047,039 Transaction … Continue reading “Cirrusmd Receives $1,047,039 New Funding”
Wantable Secures $2,028,380 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=81d51d87-5651-4c31-924b-5c443458c2b1 Date 3/15/2016 Company Name Wantable Mailing Address 240 N Milwaukee St. Milwaukee, WI 53202 USA Company Description We create unique customer profiles by asking customers a series of product and personality questions. We then use this data to introduce customers to assortments of products perfectly suited to their personal taste. Website … Continue reading “Wantable Secures $2,028,380 New Funding”
Wantable, Gener8tor, and Arrowhead: This Week’s Wisconsin Watchlist
A new biotech laboratory, another lofty national ranking for an accelerator, and changes to a coding school’s expansion plans are among these recent headlines from Wisconsin’s innovation community: —Milwaukee-based Wantable raised more than $2 million from investors, according to a regulatory filing. The startup ships curated boxes containing clothing, makeup, accessories, and other items to a … Continue reading “Wantable, Gener8tor, and Arrowhead: This Week’s Wisconsin Watchlist”
Goldman Sachs Snags Austin Fintech Startup Honest Dollar
Austin — Honest Dollar, an Austin, TX-based fintech company that provides retirement tools for small businesses, has been acquired by Goldman Sachs. The acquisition was made by the investment management arm of Goldman Sachs, which invests $1 trillion for institutions and wealthy individuals Terms of the deal, which was announced Monday and is expected to close … Continue reading “Goldman Sachs Snags Austin Fintech Startup Honest Dollar”
Equinox Gym Founder Funds Scholarships for U-M Student-Entrepreneurs
Earlier this month, the University of Michigan’s Ross School of Business and Zell Lurie Institute for Entrepreneurial Studies announced that a fitness mogul made a “sizable” donation to establish the Spevak Fund for Entrepreneurial Studies. The fund will grant scholarships for students focused on entrepreneurship. Donor Harvey Spevak is the CEO of Equinox Holdings, a … Continue reading “Equinox Gym Founder Funds Scholarships for U-M Student-Entrepreneurs”
Institute for Systems Biology, Providence Team Up for Preventive Care
The principles and practices of scientific wellness and personalized medicine developed over the last 15 years at genomics pioneer Leroy Hood’s Institute for Systems Biology will get what Hood says is a first application in a large patient population, through an affiliation with Providence Health & Services. The 3.3 million Providence patients—in Alaska, California, Montana, … Continue reading “Institute for Systems Biology, Providence Team Up for Preventive Care”
What Connect NC Means for AgBio Research, & More Innovation News
[Corrected, 1:15pm. See below] North Carolina will hold its primary election on Tuesday, and while most political observers are watching to see which candidates voters pick for the presidential election, voters will also have an opportunity to weigh in on a financing issue that’s key to a major agricultural biotechnology research initiative in the state. … Continue reading “What Connect NC Means for AgBio Research, & More Innovation News”
In India, Viewing the Global Cleantech Opportunity for Washington State
After months of negotiating, 196 individual countries at the United Nations Conference on Climate Change in Paris pledged to combat climate change and limit temperature rise to 2 degrees Celsius. This commitment to curb carbon emissions is unprecedented, especially when you consider the stakes. The agreement effectively creates a collective carbon ceiling. If the globe … Continue reading “In India, Viewing the Global Cleantech Opportunity for Washington State”
A Big Driver For Cybersecurity Spending? Wary Cyber Insurance Vendors
In 2014, insurance companies reaped $2 billion in policy premiums from U.S. companies seeking protection from potentially vast losses due to cyber attacks like those that have hit Target, Sony, and other big firms. By the end of the decade, the U.S. market for cyber insurance could burgeon to $7.5 million, analysts say. But insurers … Continue reading “A Big Driver For Cybersecurity Spending? Wary Cyber Insurance Vendors”
Veering Off Topic With Opera Founder & Vivaldi CEO Jon von Tetzchner
Jon von Tetzchner has been trying to perfect the Web browser for two decades. The Iceland native co-founded Norway-based Opera Software in 1995 and led the maker of browsers and other online tools until 2010. He stayed on as an advisor until the following year, when he stepped down amid disagreements with Opera’s board and … Continue reading “Veering Off Topic With Opera Founder & Vivaldi CEO Jon von Tetzchner”
Inmoji Obtains $5,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b5865efd-c125-4914-8512-db59c4304b16 Date 3/14/2016 Company Name Inmoji Mailing Address 9 Newbury Street Boston, MA 02216 USA Company Description Inmoji are clickable icons that enable users to share their favorite brands, products, and experiences directly within messaging apps. Simply tap an Inmoji to access content without ever leaving the message. Website http://www.inmoji.com Transaction Type … Continue reading “Inmoji Obtains $5,000,000 Series A Financing Round”
Arterys Garners $5,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0da50dc0-528a-4ef0-83db-c6236dc34275 Date 3/14/2016 Company Name Arterys Mailing Address 1700 4th St. San Francisco, CA 94158 USA Company Description Our mission is to radically transform the world of medical imaging via high performance cloud computation for the benefit of both patients and clinicians by creating an automated and intelligent diagnostic platform. Website http://www.arterys.com … Continue reading “Arterys Garners $5,000,000 Series A Funding Round”
Upland Software Acquires HipCricket for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b1c7efe2-61b3-4449-85d5-6a5a3c157e4e Date 3/14/2016 Company Name HipCricket Mailing Address 11241 Slater Ave NE Kirkland, WA 98033 USA Company Description HipCricket Inc. specializes in producing interactive mobile marketing campaigns that generate non-traditional revenue for radio, television, and agency clients. Website http://www.hipcricket.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms The … Continue reading “Upland Software Acquires HipCricket for Undisclosed Sum”
Immersv Garners New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d1366477-046f-4e70-8a97-a66c37a547f7 Date 3/14/2016 Company Name Immersv Mailing Address 18314 Carlwyn Drive Castro Valley, CA 94546 USA Company Description Immersv is a virtual reality discovery and advertising platform, founded by the team that created the largest app distribution platform on Facebook and then again on iOS and Android. Website http://www.immersv.co Transaction Type Venture … Continue reading “Immersv Garners New Funding”
General Motors Acquires Cruise for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=324b6155-5874-4dff-bbab-572b6fc20d02 Date 3/14/2016 Company Name Cruise Mailing Address 548 Market St. San Francisco, CA 94104 USA Company Description Cruise has built the first highway autopilot system that installs on your existing vehicle. It uses sensors and advanced machine vision technology to keep you in your lane and a safe distance from the … Continue reading “General Motors Acquires Cruise for Undisclosed Sum”
Zola Books Garners $3,400,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5bb59bfb-e5e8-44d9-970d-8723dc9388a5 Date 3/14/2016 Company Name Zola Books Mailing Address 111 Eighth Avenue 13 Floor New York, NY 10011 USA Company Description The company’s Zola Social Reader will work on the Kindle Fire, Nook and iPad. Zola Books will make both native apps as well as HTML5 apps available for its readers. Website … Continue reading “Zola Books Garners $3,400,000 New Funding”
Smart Sleep Mask, On-Demand Doctor App Win ReleaseIt Pitch Event
Austin — For anyone who has trouble with jetlag, Inteliclinic has an answer: a sleep mask. Inteliclinic’s sleep mask, called the Neuroon, is not exactly traditional. It is a device with biometric sensors that uses its own software to connect to a mobile app via Bluetooth. On the lower end of its technological capabilities, the … Continue reading “Smart Sleep Mask, On-Demand Doctor App Win ReleaseIt Pitch Event”
Seattle Week in Review: To Asia via Puyallup, Space via Kent
We’ve reached the end of a very long week. Let’s review. There was wind, rain, power outages, and an earthshaking natural gas explosion (we felt it) that leveled three buildings but mercifully caused only minor injuries to responding firefighters. There were tours of a new international crossroads of information, the Transpacific Hub, and the formerly secretive … Continue reading “Seattle Week in Review: To Asia via Puyallup, Space via Kent”
West Coast Bio Roundup: Illumina, CRISPR, Orexigen, Ambry & More
El Niño-driven storms returned to California this week to fill up reservoirs and snarl commutes, although we’ve got nothing to compare with what’s happening down South. A few biotech parades were rained on out West. The two rival parties battling for CRISPR patent rights tried to undermine each other’s cases, filing documents to kick off … Continue reading “West Coast Bio Roundup: Illumina, CRISPR, Orexigen, Ambry & More”
Inmoji Raises $5M For “Branded Interactive Emojis”
Now that emojis have become a fundamental mode of communication in the mobile age, it’s no surprise that businesses are trying to capitalize. One such company, two-year-old advertising technology startup Inmoji, just grabbed $5 million to advance its business that connects consumers and companies via “branded interactive emojis” used in mobile messaging apps. The Series … Continue reading “Inmoji Raises $5M For “Branded Interactive Emojis””
GM Bets Big Bucks on Cruise Automation and a Driverless Future
According to reports in Fortune and other media outlets, GM has forked over more than $1 billion in cash and stock to acquire Bay Area startup Cruise Automation, a producer of “after-market” kits that can turn existing cars into autonomous vehicles. If the figure is correct, that makes company co-founder Kyle Vogt a “two-time unicorn … Continue reading “GM Bets Big Bucks on Cruise Automation and a Driverless Future”
San Antonio Cancer Center Aims for Elegance in Treatment, Prevention
San Antonio — The goal of the Cancer Therapy & Research Center in San Antonio is pretty straightforward: Prevent the suffering that cancer causes people. Researchers there have spent decades developing innovative methods of detecting, preventing, and treating various forms of the disease. The cancer center was founded in the 1970s as a nonprofit and … Continue reading “San Antonio Cancer Center Aims for Elegance in Treatment, Prevention”
CoverWallet Raises $2M in Seed Round with Two Sigma Ventures, Others
Coming out of stealth mode this week, New York-based CoverWallet, an online business insurance manager, said it raised $2 million in a seed round with Two Sigma Ventures, Highland Capital Partners, Founder Collective, and angel investors. CoverWallet specializes in serving small businesses that need help navigating commercial insurance. Its co-founder and CEO, Inaki Berenguer, was … Continue reading “CoverWallet Raises $2M in Seed Round with Two Sigma Ventures, Others”
Hear Lew Cantley, Others on Shaping NY Biotech on March 29
Lewis Cantley is best known for discovering a key enzyme that’s become the target for a slew of cancer drugs. But he’s also a longtime entrepreneur who is amongst a crop of local scientists trying to prove that startup biotechs can grow and succeed in New York. Cantley, a Weill Cornell Medical College biochemist, is one … Continue reading “Hear Lew Cantley, Others on Shaping NY Biotech on March 29”
CRISPR Tx Taps Former rEVO, Genzyme Exec As New CFO
Basel, Switzerland and Cambrige, MA-based CRISPR Therapeutics has named Marc Becker its chief financial officer. Becker is coming off a stint as senior vice president and CFO of rEVO Biologics—where he helped prep the company for its 2014 IPO—and was a finance executive at Genzyme before that. CRISPR Therapeutics is one of three companies with … Continue reading “CRISPR Tx Taps Former rEVO, Genzyme Exec As New CFO”
Transition in Tech Transfer: Will MIT Ever Start a Venture Fund?
By the end of June, Lita Nelsen will retire from MIT’s Technology Licensing Office, where she has worked for 30 years. She has been director of the office since 1993 and has seen a lot of things. Nelsen recently sat down with Xconomy to talk about trends in tech transfer and entrepreneurship. One timely issue: … Continue reading “Transition in Tech Transfer: Will MIT Ever Start a Venture Fund?”
Failed Alzheimer’s Drug To Get Another Shot, If Investors Pony Up
Alzheimer’s disease has been a pharmaceutical minefield the past decade, with several experimental drugs backed by pharmaceutical giants such as Pfizer, Roche, Eli Lilly, and Johnson & Johnson blowing up after being tested in thousands of patients. The first of those failures, nearly a decade ago, was a drug called tramiprosate. But now, after a … Continue reading “Failed Alzheimer’s Drug To Get Another Shot, If Investors Pony Up”