Fighting Noncompetes, Boosting Diversity on New NEVCA Head’s Agenda

The incoming leader of Massachusetts’s venture capital trade group has big shoes to fill, and she must quickly find her footing at a time when the local investor and tech communities stand at a crossroads. This week, Jody Rose took over as executive director of the New England Venture Capital Association (NEVCA). The New York … Continue reading “Fighting Noncompetes, Boosting Diversity on New NEVCA Head’s Agenda”

Quad Technologies Receives Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7475de11-39d5-45e8-b6c5-0241769a8350 Date 11/6/2015 Company Name Quad Technologies Mailing Address 100 Cummings Center Beverly, MA 01915 USA Company Description QuickGel is an unique dissolvable hydrogel which contains covalently bound antibodies or proteins at the users choosing. Website http://www.quadtechnologies.net Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Series A Proceeds Purposes The company … Continue reading “Quad Technologies Receives Series A Financing”

Cogito Lands $5,500,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dbaf8ce6-8425-4379-bd1a-dd0cb5156e2d Date 11/6/2015 Company Name Cogito Mailing Address 7 Water Street Boston, MA 02109 USA Company Description Cogito enables enterprises to increase individual and team performance by analyzing and interpreting human behavior in real-time. Website http://www.cogitocorp.com Transaction Type Venture Equity Transaction Amount $5,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not … Continue reading “Cogito Lands $5,500,000 New Financing Round”

doDOC Garners $200,000 Seed Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7c2955a5-f94b-41e2-901e-fdb87ced9084 Date 11/6/2015 Company Name doDOC Mailing Address 10 Emerson Place Boston, MA 02114 USA Company Description Our team puts together more than 35 years of experience in professional documentation processes. We understand how important is to have a smooth transition in your documentation system. Website http://www.dodoc.com Transaction Type Venture Equity Transaction … Continue reading “doDOC Garners $200,000 Seed Financing Round”

17 Media Garners $10,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4dd42923-7a2b-4c93-b88e-7a136eb8cb74 Date 11/6/2015 Company Name 17 Media Mailing Address Undisclosed Los Angeles, CA 90049 USA Company Description 17 Media is a live video streaming and real-time content sharing mobile application for celebrities, entertainers, and influencers that allows users to create and share live streaming video and photos, and earn royalties for personal … Continue reading “17 Media Garners $10,000,000 Series A Funding Round”

TicketManager Obtains $20,000,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=91d95369-1536-4243-b882-8765929e9ed8 Date 11/6/2015 Company Name TicketManager Mailing Address 26635 Agoura Road Calabasas, CA 91302 USA Company Description Companies today invest millions of dollars annually on corporate tickets and sponsorships yet are unable to measure the business impact of this investment. The all-too-common manual methods for buying, using, and tracking tickets are time-consuming, … Continue reading “TicketManager Obtains $20,000,000 Series B Financing”

NeuStar Acquires MarketShare for $450,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=646b0c0e-b318-4573-b802-508ece38a06d Date 11/6/2015 Company Name MarketShare Mailing Address 11150 Santa Monica Blvd 5th Floor Los Angeles, CA 90025 USA Company Description MarketShare’s platform provides a combination of technology, data, modeling and business intelligence solutions that lead to improved decision-making for businesses. Website http://www.MarketShare.com Transaction Type M&A Transaction Amount $450,000,000 Transaction Round Proceeds … Continue reading “NeuStar Acquires MarketShare for $450,000,000”

Hyperloop Receives $26,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0b5b4a2e-728a-4ed1-b844-3a53fbcaf40d Date 11/6/2015 Company Name Hyperloop Mailing Address Undisclosed San Francisco, CA 94102 USA Company Description The company is developing technology and hardware for advanced transportation. Website http://www.hyperlooptech.com Transaction Type Debt Transaction Amount $26,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed by the company. M&A Terms Venture Investor Khosla … Continue reading “Hyperloop Receives $26,000,000 New Round”

Semantics3 Secures $1,550,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c25a70e7-5cb9-45e0-8e94-821d9ab23f3d Date 11/6/2015 Company Name Semantics3 Mailing Address 1082 Washington St. Mountain View, CA 94043 USA Company Description Semantics3 was founded in 2012 with the aim of making structured data from across the web easily accessible to all. We specialize in crawling, curating and merging data at scale from a variety of … Continue reading “Semantics3 Secures $1,550,000 New Round”

Hivemapper Obtains $2,900,000 Seed Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=46c84ee0-89a0-4822-be2d-dd10ddefe9df Date 11/6/2015 Company Name Hivemapper Mailing Address 1400 Rollins Road Burlingame, CA 94010 USA Company Description Founded in January of 2015, Hivemapper is a mapping and navigation tool for drone fliers to plan better, explore further, and fly safer. We are mapping the entire earth for drone fliers and making the … Continue reading “Hivemapper Obtains $2,900,000 Seed Financing Round”

Postmates Acquires Sosh for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=00bbffb3-0647-4996-9562-ed162d631c12 Date 11/6/2015 Company Name Sosh Mailing Address 330 Townsend St. San Francisco, CA 94107 USA Company Description The company is developing an online service that enables users to more easily discover and share memorable activities and events. Website http://www.sosh.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms … Continue reading “Postmates Acquires Sosh for Undisclosed Sum”

Super Garners $3,600,000 Seed Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e6af40b8-ace2-47f0-a40b-3a6716142b2d Date 11/6/2015 Company Name Super Mailing Address Undisclosed San Francisco, CA 94103 USA Company Description Super delivers home repair and maintenance to subscribers as needed, lowering costs and reducing stress. Website Undisclosed Transaction Type Venture Equity Transaction Amount $3,600,000 Transaction Round Seed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms … Continue reading “Super Garners $3,600,000 Seed Funding”

Biogen Helps Put $42.5M Into a Father’s Duchenne Gene Therapy Quest

Duchenne Muscular Dystrophy is a progressive muscle wasting disease that affects about 300,000 people, primarily boys, around the world. Patients with the disease lose ability to walk by their teens, and often die from one of a number of complications—like respiratory or heart failure—at a young age. There is no cure and no effective treatment. … Continue reading “Biogen Helps Put $42.5M Into a Father’s Duchenne Gene Therapy Quest”

To Be or Not To Be An Equity Crowdfunding Portal?

After the pioneering crowdfunding sites Indiegogo and Kickstarter set up shop roughly seven years ago, other entrepreneurs were saying, “Why didn’t I think of that?” Those fundraising platforms quickly scaled up, offering inventors, artists, and others an online meeting place where they could appeal for contributions to get their projects off the ground. The fundraising … Continue reading “To Be or Not To Be An Equity Crowdfunding Portal?”

Artificial Intelligence, Today and in 2035, Still Not Human-Level Smart

Computers are a long way from possessing human-level smarts, but they are doing increasingly useful things with technologies that form the building blocks of artificial intelligence, and by 2035, they’ll be driving our cars, at least sometimes. So says Oren Etzioni, CEO of the Allen Institute for Artificial Intelligence (AI2).”My contention is that human-level intelligence … Continue reading “Artificial Intelligence, Today and in 2035, Still Not Human-Level Smart”

Tap Lab Taps Into Virtual Reality, Real Distribution for New Game

Attention, video game aficionados: the Boston-area gaming cluster has life. It’s been a pretty quiet year, but now companies are working on new games that make use of mobile devices and virtual reality—as well as new approaches for acquiring users. We’re seeing virtual-reality approaches from veteran studios like Harmonix, but also from smaller outfits like … Continue reading “Tap Lab Taps Into Virtual Reality, Real Distribution for New Game”

Dallas’s Traxo Creates Digital Dashboards for Harried Travelers

We have a world with AirBnb, OpenTable, Uber, and TicketMaster. Andres Fabris wants to bring it all together. “It’s a smart agent in your pocket,” says Fabris, the founder and CEO of Dallas-based travel app Traxo. The app not only keeps track of itineraries for transportation and accommodation, it uses artificial intelligence to offer suggestions … Continue reading “Dallas’s Traxo Creates Digital Dashboards for Harried Travelers”

DermTech Looks to Build on Alternative Test for Skin Cancer

People who are at risk for melanoma, the deadliest type of skin cancer, typically must visit their dermatologist for a full body examination every six to 12 months. If a spot appears suspicious— such as a mole-like lesion that has been changing in size, shape, or color—the doctor usually will remove all or part of … Continue reading “DermTech Looks to Build on Alternative Test for Skin Cancer”

At Startup Showcase, Gener8tor Examines Past, Present, and Future

When it comes to placing targeted online advertisements, it’s sometimes necessary to connect the dots to identify what a user wants or needs. Justin Hartzman is co-founder and CEO of Needls, a Toronto-based startup that serves personalized ads based on the content of social media posts. He said for his company’s purposes, there are two types … Continue reading “At Startup Showcase, Gener8tor Examines Past, Present, and Future”

Learn the Future of Enterprise Tech, and Billion-Dollar Exits, on Dec. 2

Unicorns, schmunicorns. A billion-dollar valuation ain’t what it used to be. Just ask veterans of the Boston-area tech scene. Andy Ory, Steve Papa, and Paula Long each have co-founded companies that were acquired for more than $1 billion. If you know anything about the history of New England tech, their company names are very familiar: … Continue reading “Learn the Future of Enterprise Tech, and Billion-Dollar Exits, on Dec. 2”

New Bluebird Data Hint at Gene Therapy’s Limits For Some Patients

Bluebird Bio has helped catalyze gene therapy’s recent renaissance with snippets of human data that hint of a long-lasting, perhaps even one-time fix for a crippling blood disorder known as beta-thalassemia. However, the Cambridge, MA-based company released data today that dampen the hopes for a long-term fix for some of the folks with the most … Continue reading “New Bluebird Data Hint at Gene Therapy’s Limits For Some Patients”

Solid GT Obtains $42,500,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=60034e82-6b9b-41b5-83f1-0af01dd93d0a Date 11/5/2015 Company Name Solid GT Mailing Address One Broadway Cambridge, MA 02142 USA Company Description Solid exists to bridge the gap and advance treatments to patients. Well-capitalized and focused on results, we are purpose-built to identify and develop the most promising approaches to treat and cure DMD. Website http://www.solidbio.com Transaction … Continue reading “Solid GT Obtains $42,500,000 Series B Financing”

M. Gemi Lands $18,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0a0f92b3-44c5-4b3e-b82a-373a50708e87 Date 11/5/2015 Company Name M. Gemi Mailing Address Undisclosed Boston, MA 95050 USA Company Description We’ve built relationships with small, family-owned specialist factories where the most elite luxury brands craft their shoes. But we offer ours online, direct to clients. Website http://www.mgemi.com Transaction Type Venture Equity Transaction Amount $18,000,000 Transaction Round … Continue reading “M. Gemi Lands $18,000,000 New Financing Round”

Evelo Therapeutics Receives $35,000,000 Seed Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e26f7faf-c816-4787-a024-d3e65c325f07 Date 11/5/2015 Company Name Evelo Therapeutics Mailing Address 620 Memorial Drive West Cambridge, MA 02142 USA Company Description Evelo Therapeutics has built a proprietary discovery, design and development platform based on a deep understanding of cancer associated bacteria (CAB) and bacterial immune activators (BIA™) to develop microbiome based therapies for cancer. … Continue reading “Evelo Therapeutics Receives $35,000,000 Seed Financing Round”

Recurrence Garners $300,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=79b99657-4d6d-4b53-aee7-9a8371d31cb5 Date 11/5/2015 Company Name Recurrence Mailing Address 10815 115th Ct. NE Kirkland, WA 98033 USA Company Description Our goal is to get these new types of simulations out there, and we want to work with innovative business schools to do it. As of 2013, 97% of students undergraduate age or younger … Continue reading “Recurrence Garners $300,000 New Financing”

OfferUp Secures $90,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=72ed57cf-b726-4acc-b9f1-c8dab3f67f5b Date 11/5/2015 Company Name OfferUp Mailing Address 1715 114th Ave SE Bellevue, WA 98004 USA Company Description OfferUp is changing how people buy and sell locally by making it as easy as taking and sharing a photo from your phone. We are not just about connecting buyers and sellers; we are … Continue reading “OfferUp Secures $90,000,000 New Funding”

Sirqul Lands $5,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c5edc264-921e-4d48-b14a-e3f802cc63cb Date 11/5/2015 Company Name Sirqul Mailing Address 81 Vine Street Seattle, WA 98121 USA Company Description Headquartered in Seattle, WA, Sirqul was founded by Robert Frederick, one of the original technical founders of Amazon Anywhere (Amazon’s first foray into Secure Mobile Commerce) and Amazon Web Services (AWS). The Sirqul app suite … Continue reading “Sirqul Lands $5,000,000 Series A Funding Round”

MD Revolution Obtains $11,200,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9c4d3dc4-c331-44e1-819d-b697979e6190 Date 11/5/2015 Company Name MD Revolution Mailing Address 9191 Towne Centre Drive San Diego, CA 92122 USA Company Description Our goal is to shift the medical paradigm from delivering reactive disease care to empowering proactive health care. Website http://www.mdrevolution.com Transaction Type Venture Equity Transaction Amount $11,200,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “MD Revolution Obtains $11,200,000 New Round”

The History Project Garners $2,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c414082d-9418-42d4-b071-17f208c19347 Date 11/5/2015 Company Name The History Project Mailing Address Undisclosed San Francisco, CA 94103 USA Company Description At The History Project, we see a world where the moments that matter are preserved forever and accessed with ease. We strive to connect people with the stories and artifacts of life. As we … Continue reading “The History Project Garners $2,000,000 New Round”

BuildingConnected Obtains $8,500,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d9716700-b9ff-48e6-884c-260eb2ad1463 Date 11/5/2015 Company Name BuildingConnected Mailing Address 535 Mission Street 19th Floor San Francisco, CA 94105 USA Company Description It shouldn’t be this hard. Technology has come so far beyond what construction bid management tools today are offering. General contractors should never have to spend another minute updating subcontractor contact databases. … Continue reading “BuildingConnected Obtains $8,500,000 Series A Financing”

MoBeam Receives $8,385,383 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cb1d8e1c-659a-4a73-a23c-273a4cb128ca Date 11/5/2015 Company Name MoBeam Mailing Address 299 S. California Avenue Palo Alto, CA 94306 USA Company Description MoBeam Inc. applies its patented technology to transform the consumer-retail interaction and create multiple layers of value across the entire consumer products and retail industry, with clear benefits to both consumers and retailers. … Continue reading “MoBeam Receives $8,385,383 New Financing Round”

Coveo Garners $35,000,000 Series D Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=84765021-7f13-444f-9b5e-2ea0b32c2334 Date 11/5/2015 Company Name Coveo Mailing Address 1510 Fashion Island Blvd. San Mateo, CA 94404 USA Company Description Coveo develops award winning enterprise secure search engine applications that deliver secure, accurate access to structured and unstructured information across the enterprise. Website http://www.coveo.com Transaction Type Venture Equity Transaction Amount $35,000,000 Transaction Round … Continue reading “Coveo Garners $35,000,000 Series D Round”

M. Gemi Garners $18,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0a0f92b3-44c5-4b3e-b82a-373a50708e87 Date 11/5/2015 Company Name M. Gemi Mailing Address Undisclosed Boston, MA 95050 USA Company Description We’ve built relationships with small, family-owned specialist factories where the most elite luxury brands craft their shoes. But we offer ours online, direct to clients. Website http://www.mgemi.com Transaction Type Venture Equity Transaction Amount $18,000,000 Transaction Round … Continue reading “M. Gemi Garners $18,000,000 New Financing”

Atreca Lands $56,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=28638454-e024-4cc6-88da-69b26bf0cc11 Date 11/5/2015 Company Name Atreca Mailing Address 500 Saginaw Drive 1st Floor Redwood City, CA 94063 USA Company Description Atreca is a biotechnology company developing novel therapeutics based on a deep understanding of the human immune response, with lead portfolio programs focused on applications in cancer treatment. Website http://www.atreca.com Transaction Type … Continue reading “Atreca Lands $56,000,000 Series A Funding Round”

LifeSite Lands $4,500,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=524ca3a7-6f07-4d28-bb11-d0baa3f668b4 Date 11/5/2015 Company Name LifeSite Mailing Address Undisclosed San Francisco, CA 94103 USA Company Description LifeSite was created to inspire and empower users by connecting their heads and their hearts — providing peace of mind today, and protecting their legacy for their family and loved ones tomorrow. Website http://www.lifesite.co Transaction Type … Continue reading “LifeSite Lands $4,500,000 New Round”

Cask Data Secures $20,000,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=85bef2f2-46e5-4e85-8d9a-d4ea43478a82 Date 11/5/2015 Company Name Cask Data Mailing Address 150 Grant Ave. Palo Alto, CA 94306 USA Company Description CDAP is an open source application development platform for the Hadoop ecosystem that provides developers with data and application virtualization to accelerate application development, address a broader range of real-time and batch use … Continue reading “Cask Data Secures $20,000,000 Series B Financing Round”

PeerSpace Garners $5,000,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cc8a83ea-7200-4313-8ec0-df16a59def97 Date 11/5/2015 Company Name PeerSpace Mailing Address 743 Clementina St. San Francisco, CA 94103 USA Company Description We exist to help companies and individuals find one-of-a-kind short-term space to inspire their best work. Studies show that access to inspiring spaces and changing your work surroundings regularly are key drivers of innovation … Continue reading “PeerSpace Garners $5,000,000 Series A Funding”

BrightFarms Obtains $13,650,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3133850d-2cfc-48cd-9f87-ef45bd40274d Date 11/5/2015 Company Name BrightFarms Mailing Address 211 East 48th Street 2nd Floor New York, NY 10017 USA Company Description BrightFarms designs, finances, builds and operates hydroponic greenhouse farms at supermarkets, eliminating time, distance and cost from the food supply chain. There is no cost to the supermarket retailer, only an … Continue reading “BrightFarms Obtains $13,650,000 Series B Funding”

Surefire Medical Garners $4,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=43ae5d52-96ca-4667-87bb-82d49c0cae2d Date 11/5/2015 Company Name Surefire Medical Mailing Address 6272 W. 91st Avenue Westminster, CO 80031 USA Company Description The Surefire Infusion System is designed to precisely deliver embolic agents through the sophisticated expandable tip portion of its catheter. Website http://www.surefiremedical.com Transaction Type Venture Equity Transaction Amount $4,000,000 Transaction Round Undisclosed Proceeds … Continue reading “Surefire Medical Garners $4,000,000 New Funding Round”

FunkSac Obtains New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ffb55977-42f6-4958-83ac-dbd55448cb58 Date 11/5/2015 Company Name FunkSac Mailing Address Undisclosed Denver, CO 80204 USA Company Description FunkSac is a veteran owned business based in Denver, CO. We are committed to providing you the best customer services and compliant packaging solutions for the legal cannabis industry; both medical and recreational markets. Website http://www.funksac.com Transaction … Continue reading “FunkSac Obtains New Funding Round”

OraMetrix Receives $4,000,981 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5265dbf4-81ed-4171-8203-5bd8777bc2e5 Date 11/5/2015 Company Name OraMetrix Mailing Address 2350 Campbell Creek Blvd. Richardson, TX 75082 USA Company Description Our proprietary technology system, the SureSmile system, represents a significant leap forward in orthodontics because it allows the use of precision digital tools throughout all phases of the orthodontic treatment process – diagnosis, treatment … Continue reading “OraMetrix Receives $4,000,981 New Round”

Surefire Medical Garners $15,000,000 Series C Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=43ae5d52-96ca-4667-87bb-82d49c0cae2d Date 11/5/2015 Company Name Surefire Medical Mailing Address 6272 W. 91st Avenue Westminster, CO 80031 USA Company Description The Surefire Infusion System is designed to precisely deliver embolic agents through the sophisticated expandable tip portion of its catheter. Website http://www.surefiremedical.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round Series C … Continue reading “Surefire Medical Garners $15,000,000 Series C Funding”

Kura Oncology Drops Price of IPO Shares From $16 to $8

It’s been a slippery slope for Kura Oncology, which slashed the price of its IPO shares and substantially increased the size of its offering tonight. The startup is based in San Diego, and has an office in Cambridge, MA. The company set out to raise as much as $86 million when it filed for the … Continue reading “Kura Oncology Drops Price of IPO Shares From $16 to $8”

Expedia Buys Austin’s HomeAway for $3.9B

HomeAway, the provider of an online marketplace for vacation rentals, has sold to Expedia for $3.9 billion in cash and Expedia stock, the third multibillion-dollar deal involving an Austin, TX, company this fall. Seattle-based Expedia set HomeAway (NASDAQ: [[ticker:AWAY]]) in its sights because it has been seeking a way to enter the “alternative accommodations” sector … Continue reading “Expedia Buys Austin’s HomeAway for $3.9B”

Madrona Doubles Down on Venture Labs, Taps Fridgen as CEO

Madrona Venture Group likes the “startup studio” model it inaugurated 18 months ago so much that it not only backed a similar effort outside its walls, but is now doubling the staff of its own Madrona Venture Labs, under the new leadership of serial entrepreneur Mike Fridgen. Fridgen, who has been heavily involved with three … Continue reading “Madrona Doubles Down on Venture Labs, Taps Fridgen as CEO”

OfferUp Raises $90M for Mobile, Local Craigslist Killer

OfferUp, a mobile-first marketplace for buying and selling things locally, revealed that it has raised $90 million in total funding, including a $73 million round earlier this year, and is conducting billions of dollars in transactions. A would-be Craigslist killer, or at least a formidable competitor, Bellevue, WA-based OfferUp has been scrupulously quiet as it … Continue reading “OfferUp Raises $90M for Mobile, Local Craigslist Killer”

NYTM Recap: Callisto Offers Empathetic Way to Report Sexual Assaults

Alerting authorities to sexual assaults can frequently stir new distress in survivors; a bit of technology from the nonprofit Sexual Health Innovations (SHI) may help ease the process of reporting these crimes. The organization developed Callisto, a Web-based system for bringing attention to such assaults on college campuses, and last night demoed it in front … Continue reading “NYTM Recap: Callisto Offers Empathetic Way to Report Sexual Assaults”

Local Motors Debuts $53K 3D-Printed Car Due to Be Road-Ready by 2017

Local Motors, the Chandler, AZ-based startup aiming to disrupt the auto industry’s traditional manufacturing cycle through crowdsourcing, micromanufacturing, and other technologies, has launched a new vehicle—and the company hopes to crash-test it and get it on the road by 2017. The LM3D Swim is the second of its crowd-designed vehicles to go from concept car … Continue reading “Local Motors Debuts $53K 3D-Printed Car Due to Be Road-Ready by 2017”

Denver’s Havenly Raises $7.5M for Flat-Fee Interior Design Site

A Denver-based startup called Havenly is adding interior design to the ever-growing list of personalized and on-demand services that startups are offering, from car rides to home cleaning to new clothing. And Havenly now has Series A funding to help it build out its interior design offerings, having received $7.5 million from the Foundry Group … Continue reading “Denver’s Havenly Raises $7.5M for Flat-Fee Interior Design Site”