Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=99b2c2de-c1f4-4063-a2bf-6abdacf4fda5 Date 12/3/2015 Company Name EndoGastric Solutions Mailing Address 1900 O’Farrell Street San Mateo, CA 94404 USA Company Description EGS leverages the most current wisdom in gastroenterology and surgery in developing new transoral incisionless procedures and products to advance the state of the art in treating gastrointestinal diseases. Website http://www.endogastricsolutions.com Transaction Type … Continue reading “EndoGastric Solutions Receives $50,000,000 New Funding Round”
Figma Lands $14,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d91d0263-6689-465b-810c-90714b6da6b3 Date 12/3/2015 Company Name Figma Mailing Address 453 Hawthorne Avenue Palo Alto, CA 94301 USA Company Description Figma, Inc. designs and develops browser based photo editing software. The company was incorporated in 2012. Website http://www.figma.com Transaction Type Venture Equity Transaction Amount $14,000,000 Transaction Round Series A Proceeds Purposes Right now we’re … Continue reading “Figma Lands $14,000,000 Series A Financing”
ORIC Pharmaceuticals Receives $53,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f49657bb-4c3e-4246-9505-b09b32279126 Date 12/3/2015 Company Name ORIC Pharmaceuticals Mailing Address 240 E. Grand Ave. 2nd Floor South San Francisco, CA 94080 USA Company Description ORIC Pharmaceuticals is a privately-held company dedicated to discovering and developing novel therapies for treatment-resistant cancers. While recent advances with targeted therapeutics have extended prognoses in many disease settings, … Continue reading “ORIC Pharmaceuticals Receives $53,000,000 Series B Round”
Blueshift Labs Garners $5,682,057 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0a8aaff9-edc8-4a86-9894-c84b84434457 Date 12/3/2015 Company Name Blueshift Labs Mailing Address 88 1st St. San Francisco, CA 94105 USA Company Description Turn visitors into repeat buyers using Blueshift’s Predictive Marketing Automation. Website http://www.getblueshift.com Transaction Type Venture Equity Transaction Amount $5,682,057 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. Amount … Continue reading “Blueshift Labs Garners $5,682,057 New Funding”
uMake Receives $5,200,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5bf5e093-24aa-4ed5-8b64-d456c7ea4468 Date 12/3/2015 Company Name uMake Mailing Address 550 S. California Ave. Palo Alto, CA 94306 USA Company Description uMake is a powerful 3D design platform, that’s super simple and intuitive to use, with no need for any formal training. UMake provides an entirely new design experience for professional designers and hobbyists … Continue reading “uMake Receives $5,200,000 New Round”
Osaro Garners $3,300,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9b0c1d28-d827-421c-aca5-f2b07c2dc958 Date 12/3/2015 Company Name Osaro Mailing Address 664 Natoma Street San Francisco, CA 94103 USA Company Description True intelligence requires both perception and action. At Osaro, we’re creating machine intelligence software that combine state-of-the-art perception with powerful adaptive decision-making abilities to help computer and robotic systems act efficiently and intelligently. Website … Continue reading “Osaro Garners $3,300,000 Seed Financing”
younity Secures $8,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=38a4a847-796e-471a-b794-17aceb1472b4 Date 12/3/2015 Company Name younity Mailing Address 1035 Pearl Street Boulder, CO 80302 USA Company Description younity lets you access all your music, videos, photos and documents from anywhere. Website http://www.getyounity.com Transaction Type Venture Equity Transaction Amount $8,000,000 Transaction Round Series A Proceeds Purposes With this new funding, younity will continue … Continue reading “younity Secures $8,000,000 Series A Funding Round”
WellTok Obtains $45,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0a0006d4-bf2c-48da-8e7b-3843326ea14d Date 12/3/2015 Company Name WellTok Mailing Address 1675 Larimer Street Denver, CO 80202 USA Company Description Our social platform allows health plans to rapidly participate in the health care community in a new and powerful way, thus strengthening engagement and collaboration with their members. Website http://www.welltok.com Transaction Type Venture Equity Transaction … Continue reading “WellTok Obtains $45,000,000 New Funding”
EatStreet Lands $15,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=91be0c64-fe0b-4938-ac99-a541aa382ad0 Date 12/3/2015 Company Name EatStreet Mailing Address 131 W Wilson St. Madison, WI 53715 USA Company Description EatStreet was designed to make local food delivery as easy as possible. EatStreet is a free online ordering service that connects you with food from your favorite local restaurants. Website http://www.eatstreet.com Transaction Type Venture … Continue reading “EatStreet Lands $15,000,000 Series C Financing Round”
JLL Acquires Corrigo for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=babbff9b-67f5-441e-9b40-ca855ef53ff7 Date 12/3/2015 Company Name Corrigo Mailing Address 8245 SW Tualatin Sherwood Road Tualatin, OR 97062 USA Company Description Corrigo provides service management software, maintenance management software and service dispatch software that delivers real-time visibility into and control of the quality and cost of building service operations. Website http://www.corrigo.com Transaction Type M&A … Continue reading “JLL Acquires Corrigo for Undisclosed Sum”
New Speakers Join Gene-Edit, Microbiome, Big Data “Disruptors” 12/10
Next Thursday, Dec. 10, I’m hosting Xconomy’s annual San Francisco Bay Area biotech event. This year, we’re calling it the Bay Area’s Life Science Disruptors, and we’re highlighting three areas of biotechnology—gene editing, bioinformatics, and the microbiome—that will have profound effects on the way people conduct science, practice medicine, and even consider what it means … Continue reading “New Speakers Join Gene-Edit, Microbiome, Big Data “Disruptors” 12/10″
Bee App Offers Mobile Banking for Underserved Communities
Banks have long been looking to innovate in an industry that doesn’t change much and, in recent years, has been shrinking. Almost 1,900 bank branches closed in the U.S. in the years after the financial crisis between 2008 and 2013, according to data from Bloomberg News and the U.S. Census. New York-based One Financial Holdings, … Continue reading “Bee App Offers Mobile Banking for Underserved Communities”
New Madrona Venture Labs Startup ReplyYes Sells Via Text Messaging
Madrona Venture Labs’ latest spinout company is ReplyYes, a text-message-based retail service that promises a simple way for people to buy things like vinyl records. Madrona isn’t talking yet about the second company to emerge from its in-house effort to develop and validate business ideas, and then hand them off to operators to build into … Continue reading “New Madrona Venture Labs Startup ReplyYes Sells Via Text Messaging”
Arboretum Ventures, Duo Security Among MVCA’s 2015 Awardees
The Michigan Venture Capital Association (MVCA) held its annual awards ceremony on Monday to recognize the state’s top entrepreneurs, investors, and deals. The event drew a record crowd, the organization said in a blog post, and “focused on the tremendous growth of the entrepreneurial and investment community” in Michigan and across the region. Incoming MVCA board … Continue reading “Arboretum Ventures, Duo Security Among MVCA’s 2015 Awardees”
Global Hawk Tops Connect List of Most Innovative New Products
Connect, the San Diego nonprofit supporting local innovation and entrepreneurship, has bestowed its highest award for an innovative new technology or product to the Global Hawk, the long-range, high-altitude unmanned surveillance aircraft developed by Northrop Grumman. The aircraft was initially developed in San Diego by Teledyne Ryan under an Advanced Concept Technology Demonstration program sponsored … Continue reading “Global Hawk Tops Connect List of Most Innovative New Products”
Peloton Gets $75M More, Will Hire More Engineers & Develop New Tech
An even bigger engineering team, more showrooms, and a plan to expand beyond exercise bikes are on the way for New York-based Peloton. The company, which developed a stationary exercise bike with a built-in screen for streaming video classes, announced on Wednesday it got a $75 million investment from private equity firm Catterton to support its … Continue reading “Peloton Gets $75M More, Will Hire More Engineers & Develop New Tech”
WARF Leader Delays Retirement as Search For Replacement Continues
The search for a new leader of the Wisconsin Alumni Research Foundation is taking longer than planned. The nonprofit known as WARF manages patents and licensing for the research juggernaut that is the University of Wisconsin-Madison. WARF is one of the oldest university technology transfer organizations in the U.S. and manages a $2.6 billion endowment. … Continue reading “WARF Leader Delays Retirement as Search For Replacement Continues”
With $42M Deal, Evariant Goes Big in Health Marketing, Analytics
Hospitals worry about patient care, but they also worry about making money. Now one health IT company has more money of its own to bring to bear on the problem. Evariant, a Farmington, CT-based maker of healthcare marketing and analytics software, says today it has raised a $42.3 million Series C round. The deal was … Continue reading “With $42M Deal, Evariant Goes Big in Health Marketing, Analytics”
New Map Shows Expanding Seattle Tech Universe
If the crane-filled skyline, increasing home prices, worsening traffic, and competitive job market weren’t enough to tell you that Seattle’s tech economy is booming, a new map released Wednesday should do the trick. A previous star-chart-like depiction of the Seattle-area tech universe, released in 2009, helped investors, entrepreneurs, job seekers, and others visualize the region’s … Continue reading “New Map Shows Expanding Seattle Tech Universe”
Zafgen Shares Fall Again as Second Patient Dies in Trial
[Updated, 12/3/15, see below] A second patient on an experimental treatment from Boston-based Zafgen has died from a pulmonary embolism, casting even more doubt on the future of the drug. Zafgen (NASDAQ: [[ticker:ZFGN]]) said in a statement Wednesday morning that it learned on Tuesday that a patient with Prader-Willi Syndrome taking its drug, beloranib had … Continue reading “Zafgen Shares Fall Again as Second Patient Dies in Trial”
Led By Biotech Stars, ORIC Nabs $53M To Fight Drug-Resistant Cancer
Rich Heyman twice made hay developing drugs to treat cancers that depend on hormones to thrive. Now he’s trying it again with a new company markedly different than the previous two. Heyman (pictured) is interim CEO of ORIC Pharmaceuticals, a South San Francisco, CA-based startup that has drawn several biotech boldface names, as well as … Continue reading “Led By Biotech Stars, ORIC Nabs $53M To Fight Drug-Resistant Cancer”
Avecto Raises First External Funding with $49M from JMI Equity
JMI Equity, the specialized growth equity firm based in San Diego and Baltimore, has invested $49 million to establish a minority stake in Avecto, a U.K.-based network security firm that has established its U.S. headquarters in Somerville, MA. Avecto specializes in so-called endpoint security, an approach that protects a corporate network by focusing on the … Continue reading “Avecto Raises First External Funding with $49M from JMI Equity”
Vapotherm Obtains $15,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8e72e06a-0cc5-4ea9-b552-eb9fac9d188f Date 12/2/2015 Company Name Vapotherm Mailing Address 22 Exeter Drive Stevensville, NH 03833 USA Company Description Vapotherm, Inc. is a privately held company based in Stevensville on Maryland’s Eastern Shore, dedicated to the development, manufacture and marketing of respiratory devices that improve clinical outcomes, reduce overall delivery costs and improve quality … Continue reading “Vapotherm Obtains $15,000,000 New Funding Round”
Sensoro Garners $10,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=663ed24b-0d3a-40b3-87c4-7b114c0828db Date 12/2/2015 Company Name Sensoro Mailing Address 500 Yale Avenue North Seattle, WA 98109 USA Company Description Sensoro, founded in July 2013 at the Microsoft Ventures’ accelerator, is committed to the construction of a large aware- mobile Internet data network, integrating intelligent sensor and the mobile Internet. Website http://www.sensoro.com Transaction Type … Continue reading “Sensoro Garners $10,000,000 New Funding Round”
CardTapp Receives $1,900,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eee3c47d-1a06-496e-a103-eed3fbcda057 Date 12/2/2015 Company Name CardTapp Mailing Address 12708 Northup Way Bellevue, WA 98005 USA Company Description CardTapp makes it easy to maintain client engagement as well as create a limitless network of potential referrals, this customizable branded application can be shared via text and will give you an edge over the … Continue reading “CardTapp Receives $1,900,000 New Funding”
HBI Solutions Obtains $12,600,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=79594802-ed39-4157-a47b-3b386c594f3d Date 12/2/2015 Company Name HBI Solutions Mailing Address 530 Lytton Ave. Palo Alto, CA 94301 USA Company Description HBI Solutions is a healthcare data science and performance improvement company headquartered in Silicon Valley. Our customers include health systems, physician practices, federally qualified health centers, accountable care organizations (ACOs), payers and health … Continue reading “HBI Solutions Obtains $12,600,000 Series A Financing”
Stringr Obtains $1,500,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4423c26e-0c95-4a28-bae4-730ce95c9eda Date 12/2/2015 Company Name Stringr Mailing Address 548 Market St. San Francisco, CA 94104 USA Company Description Simply put, Stringr is a marketplace that allows media organizations (such as TV news stations) to buy video from both amateur and professional videographers. Website http://www.stringr.com Transaction Type Venture Equity Transaction Amount $1,500,000 Transaction … Continue reading “Stringr Obtains $1,500,000 New Funding”
Neurona Therapeutics Receives $23,500,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2b49fdc5-4b82-4c16-8ebd-b26b7c49e067 Date 12/2/2015 Company Name Neurona Therapeutics Mailing Address 650 Gateway Blvd South San Francisco, CA 94080 USA Company Description Neurona Therapeutics is a pre-clinical stage biotechnology company that was founded by four leading-edge neuroscientists and stem cell pioneers at The University of California, San Francisco. We are focused on the discovery … Continue reading “Neurona Therapeutics Receives $23,500,000 Series A Round”
Bluecore Garners $21,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b05ee3d4-85c7-4ea2-9007-0af2f8ba9153 Date 12/2/2015 Company Name Bluecore Mailing Address 124 Rivington Street New York, NY 10002 USA Company Description Bluecore integrates with one line of Javascript on your site. We detect most Ecommerce user behavior out of the box without any custom code. We provide email recipes like Cart Abandonment and Winback right … Continue reading “Bluecore Garners $21,000,000 Series B Round”
Peloton Secures $75,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8a38a9c0-2b1d-42de-b415-c132e9b7bd35 Date 12/2/2015 Company Name Peloton Mailing Address 158 West 27th Street 4th Floor New York, NY 10001 USA Company Description Peloton is changing the way people workout at home with our designer indoor cycle and first-in-class, interactive live and on-demand classes. Instructors will teach at Peloton’s flagship NYC studio to a … Continue reading “Peloton Secures $75,000,000 New Funding”
Clearpool Group Garners $8,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9ed1b8de-61d6-4004-a0b2-f10179d22dae Date 12/2/2015 Company Name Clearpool Group Mailing Address 17 State Street 38th Floor New York, NY 10004 USA Company Description Founded in 2012 and based in New York, Clearpool Group, Inc. is a trading software and execution innovator for an evolving equity market microstructure and competitive landscape. Clearpool develops state-of-the-art electronic … Continue reading “Clearpool Group Garners $8,000,000 New Round”
Soliton Garners $9,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b41115d7-4f4b-4149-acde-0d35df897829 Date 12/2/2015 Company Name Soliton Mailing Address 1225 North Loop West Houston, TX 77008 USA Company Description Soliton’s leadership team has extensive experience with spinoff companies out of M.D. Anderson. Walter Klemp, Soliton’s CEO, was formerly the CEO of Houston-based Tyrell Inc., a life science company that made an acne treatment … Continue reading “Soliton Garners $9,000,000 New Funding”
Netsertive Lands $9,000,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=79693d0a-e05d-4f7e-91c2-dcf49c5fbed7 Date 12/2/2015 Company Name Netsertive Mailing Address 2400 Perimeter Park Drive Morrisville, NC 27560 USA Company Description We wrote the book on using technology to localize online marketing for small & medium businesses and deliver national online exposure through local online channels. Website http://www.netsertive.com Transaction Type Venture Equity Transaction Amount $9,000,000 … Continue reading “Netsertive Lands $9,000,000 Series C Round”
Codeship Garners $1,505,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9ac21c7c-3c1e-47ee-a21a-b7a55ce21c65 Date 12/2/2015 Company Name Codeship Mailing Address 745 Atlantic Avenue Boston, MA 02111 USA Company Description We offer hosted continuous integration and deployment for your web apps. You have a rails, php, python, java or go project you want us to handle? Go ahead and give it a try. Website http://www.codeship.io … Continue reading “Codeship Garners $1,505,000 New Funding”
Garmentory Garners $1,274,312 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ddcdaece-f351-4f4e-af08-1217df441a90 Date 12/2/2015 Company Name Garmentory Mailing Address 1648 103rd Ave. SE Seattle, WA 98004 USA Company Description Garmentory is risk-free to use. Your product remains at your store and on your racks until a sale is accepted. You have nothing to lose, only to gain. Website http://www.garmentory.com Transaction Type Venture Equity … Continue reading “Garmentory Garners $1,274,312 New Funding Round”
Atheer Acquires OnTheGo for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=326eb6b8-bf94-4a0c-ab97-3330e975b925 Date 12/2/2015 Company Name OnTheGo Mailing Address 501 SE 14th Ave. Portland, OR 97214 USA Company Description Smart glasses are about to open a lot of eyes to completely new data-enriched possibilities. With one swipe of your hand, you will be able to call up critical apps like your video camera, … Continue reading “Atheer Acquires OnTheGo for Undisclosed Sum”
Uptake Medical Lands $1,928,783 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=378b7c94-3c5b-452f-89ce-2beaaf40d4e1 Date 12/2/2015 Company Name Uptake Medical Mailing Address 1173 Warner Ave. Tustin, CA 92780 USA Company Description Uptake Medical Corporation is a Seattle-based medical device company dedicated to improving the lives of patients suffering from emphysema and other types of chronic obstructive pulmonary diseases (COPD). Website http://www.uptakemedical.com Transaction Type Debt Transaction … Continue reading “Uptake Medical Lands $1,928,783 New Financing”
Evofem Garners $20,000,002 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=047863d3-9275-42c0-8da7-97a7cac8168d Date 12/2/2015 Company Name Evofem Mailing Address 12400 High Bluff Drive San Diego, CA 92130 USA Company Description Evofem, Inc., formerly named Instead Inc., is dedicated to providing women with greater freedom, comfort and control of their reproductive and sexual health. Website http://www.softcup.com Transaction Type Venture Equity Transaction Amount $20,000,002 Transaction … Continue reading “Evofem Garners $20,000,002 New Financing”
BrightFunnel Receives $6,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=541dfcf8-1f91-4430-b335-376ad95e402e Date 12/2/2015 Company Name BrightFunnel Mailing Address 47 Kearny St. San Francisco, CA 94108 USA Company Description BrightFunnel generates predictive, actionable revenue insights for B2B marketers. For the first time, CMOs and their teams can understand the future revenue impact of each decision, and align marketing plans with business priorities. Because … Continue reading “BrightFunnel Receives $6,000,000 Series A Funding Round”
GCT Semiconductor Obtains $45,119,499 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2d0e3558-7c98-497b-bb2d-af60a1add222 Date 12/2/2015 Company Name GCT Semiconductor Mailing Address 2121 Ringwood Avenue San Jose, CA 95131 USA Company Description GCT Semiconductor is a fabless semiconductor company that designs, develops and markets innovative integrated circuit solutions for the wireless communications industry. Website http://www.gctsemi.com Transaction Type Venture Equity Transaction Amount $45,119,499 Transaction Round Undisclosed … Continue reading “GCT Semiconductor Obtains $45,119,499 New Financing Round”
LabStyle Innovations Garners $399,999 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e049aa7d-34c9-4941-a5ae-8b3da97ca603 Date 12/2/2015 Company Name LabStyle Innovations Mailing Address 350 Fifth Avenue 59th Floor New York, NY 10018 USA Company Description LabStyle Innovations was formed in order to exploit a new patent pending technology that seeks to bring laboratory testing capabilities to consumers in an easy, friendly and inexpensive way through the … Continue reading “LabStyle Innovations Garners $399,999 New Funding Round”
Ortho Kinematics Lands $728,608 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=10d5fca8-ae6c-4b88-9606-9b565993eaf7 Date 12/2/2015 Company Name Ortho Kinematics Mailing Address 110 Wild Basin Road Austin, TX 78746 USA Company Description Ortho Kinematics, Inc. is a spine diagnostics company focused on spine motion analysis products and services. Website http://www.orthokinematics.com Transaction Type Debt Transaction Amount $728,608 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not … Continue reading “Ortho Kinematics Lands $728,608 New Funding Round”
CPA Global Acquires Innography for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9831e9d3-b32c-4f18-9b18-63a8a7ddb5ff Date 12/2/2015 Company Name Innography Mailing Address 3900 N. Capital of Texas Hwy. Austin, TX 78746 USA Company Description Innography launched its intellectual property business intelligence software as a service (SaaS) platform in 2007. Website http://www.innography.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of … Continue reading “CPA Global Acquires Innography for Undisclosed Sum”
Milwaukee Peer-To-Peer Lender Sells Minority Stake, Raises New Fund
[Updated 12/2/15 11:09 am. to clarify LGI’s business model.] A Milwaukee-based startup known for lending money to individuals and small businesses made a sale Tuesday. The product? Itself. Looking Glass Investments (LGI) uses popular peer-to-peer lending websites such as Lending Club (NYSE: [[ticker:LC]]) to find and evaluate loan-seekers. The company sold some of its own … Continue reading “Milwaukee Peer-To-Peer Lender Sells Minority Stake, Raises New Fund”
One Month Tries Boot Camp Approach to Teach Founders How to Launch
An online school for entrepreneurs is starting a competition that seems to fall somewhere between a hackathon and full throttle accelerator. New York-based One Month already offers lessons in coding and app development, along with business courses on product management. This sounds akin to, say, Khan Academy or General Assembly, but with a special emphasis … Continue reading “One Month Tries Boot Camp Approach to Teach Founders How to Launch”
Austin Fintech Company Q2 Holdings Acquires Iowa Software Firm
Q2 Holdings, an Austin, TX, fintech company, announced Tuesday it has acquired Des Moines, IA-based Social Money for $10.6 million. Social Money makes cloud-based software that targets millennial consumers as well as populations called “underbanked,” who are frequently minorities or immigrants who do not interact with the mainstream financial sector. In particular, Social Money’s SmartyPig … Continue reading “Austin Fintech Company Q2 Holdings Acquires Iowa Software Firm”
LaGrasso Bros. Grows Local with Freight Farms Shipping Container
Detroit’s LaGrasso Bros. Produce started in 1914 with a single pushcart. Through the years, and three generations of family ownership, the food distribution company has grown to include a fleet of delivery trucks and a 40,000-square-foot refrigerated warehouse near Eastern Market. In September, the fourth generation of LaGrassos, Tom and Joe, installed a hydroponics operation—housed … Continue reading “LaGrasso Bros. Grows Local with Freight Farms Shipping Container”
What Three Biotechs Could Tell Us About The Pfizer-Allergan Merger
The long-speculated Pfizer-Allergan merger, announced last week with a $160 billion price tag, is officially in motion and lurching toward inevitability. Inevitability doesn’t equal certainty for many involved in the deal. Tens of thousands of employees could potentially get the axe, while dozens of smaller companies partnered with the two behemoths wait to see if … Continue reading “What Three Biotechs Could Tell Us About The Pfizer-Allergan Merger”
The Power of Big Data for Startups
These days, the National Football League, BMW, and Uber have something in common — they’re all experimenting with big data in exciting new ways. The NFL is using big data to help football fans track how fast and how far their favorite players sprint during a game. BMW is using big data to help drivers … Continue reading “The Power of Big Data for Startups”
Bioventus Fleshes Out Bone-Healing Portfolio with BioStructures Deal
Bioventus, a company that develops biological products aimed at helping bones heal, has acquired medical device company BioStructures in a move to expand its own offerings for bone graft surgeries. Durham, NC-based Bioventus disclosed no financial terms for the deal, which gives it access to BioStructures’ commercialized bone-healing products, along with technologies still in research … Continue reading “Bioventus Fleshes Out Bone-Healing Portfolio with BioStructures Deal”