This week, we’re tracking acquisitions involving well-known tech companies, startups gobbling up venture capital, and an accelerator program for crowdfunding campaigns. Read on for details. —One of the most notable deals is Boston-based Gazelle’s acquisition by Outerwall (NASDAQ: [[ticker:OUTR]], the Bellevue, WA-based maker of Redbox and Coinstar kiosks. The purchase price was $18 million—which would … Continue reading “Boston Tech Company Watch: Gazelle, Tego, Raytheon, Akamai, & More”
Quietyme Seeks to Identify Patients’ Needs Faster With CareCube
The newest product from Quietyme, a startup based in Neshkoro, WI, is a white cube with a different pattern on each of its six sides. That description may conjure up an image of dice, which of course give games an element of randomness. But Quietyme’s CareCube is designed to reduce uncertainty: patients in hospitals can use … Continue reading “Quietyme Seeks to Identify Patients’ Needs Faster With CareCube”
With $50M Funding, Handy Focuses on Existing Markets
For New York-based Handy, which offers on-demand cleaning and other home contract services, density has been key to its growth. The company thinks of that density in two ways: Like any business, it wants to attract as many customers as possible. But Handy is also seeking to have as many contractors who clean apartments—a service … Continue reading “With $50M Funding, Handy Focuses on Existing Markets”
Evelo Launches With $35M To Fight Cancer With Cocktails of Bacteria
Biotech venture group Flagship Ventures is doubling down on the microbiome. The Cambridge, MA-based firm, which specializes in building new therapeutics companies in stealth mode, today launched Evelo Therapeutics, its second microbiome-based startup, with $35 million in funding to develop cancer treatments fashioned from mixes of bacteria found in nature. The effect of bacteria on … Continue reading “Evelo Launches With $35M To Fight Cancer With Cocktails of Bacteria”
SnapApp Receives $12,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=34b8fd76-f74c-48b6-9224-d71c25e915b7 Date 11/4/2015 Company Name SnapApp Mailing Address 55 Chapel St. Newton, MA 02458 USA Company Description We believe that life is about great experiences. Our mission is to empower marketers to create amazing engagements anywhere, anytime, as easily as possible. We believe that development resources should never stand in the way … Continue reading “SnapApp Receives $12,000,000 Series A Funding”
SCI Solutions Acquires Clarity Health for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4d34dda0-88aa-406f-9922-8ade2114c8d1 Date 11/4/2015 Company Name Clarity Health Mailing Address 811 First Avenue Seattle, WA 98104 USA Company Description For four years Clarity Health has successfully handled hundreds of thousands of referrals between hundreds of physician practices and the ancillary services and hospital systems that receive and treat their patients. As a result … Continue reading “SCI Solutions Acquires Clarity Health for Undisclosed Sum”
Hitbox Garners $4,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b80efb91-c414-47d5-852c-44a0e7f5570a Date 11/4/2015 Company Name Hitbox Mailing Address 1123 S Rimpau Blvd. Los Angeles, CA 90019 USA Company Description hitbox.tv is a global innovator in gaming and eSports live-streaming. With a product focusing on a delay free experience between streamers and their viewers. Website http://www.hitbox.tv Transaction Type Venture Equity Transaction Amount $4,000,000 … Continue reading “Hitbox Garners $4,000,000 New Funding Round”
iboss Cybersecurity Receives $35,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=50a11453-968c-4890-bb2e-8e2cc8dc41b7 Date 11/4/2015 Company Name iboss Cybersecurity Mailing Address 4110 Campus Point Court San Diego, CA 92121 USA Company Description iboss Cybersecurity is a leading provider of innovative APT Defense, Web Security and Mobile Security Solutions. Founded in 2003, iboss was created to provide cutting-edge security for today’s complex network environments. Website … Continue reading “iboss Cybersecurity Receives $35,000,000 Series A Funding”
Invoice2go Garners $15,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2198ee29-5187-455e-ac70-43ea5d121073 Date 11/4/2015 Company Name Invoice2go Mailing Address 2317 Broadway St. 2nd Floor Redwood City, CA 94063 USA Company Description Our customers save 3 hours on average each week – and spend more time running their businesses. By using Invoice2go, our customers get paid an average of 7 days faster. He knew … Continue reading “Invoice2go Garners $15,000,000 New Funding Round”
Knightscope Lands $5,100,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aea8f2fa-5b08-4632-b9cd-7d13bb5b48ae Date 11/4/2015 Company Name Knightscope Mailing Address 440 N Wolfe Rd. Sunnyvale, CA 94085 USA Company Description Knightscope offers the only security solution capable of analyzing historical crime data, real-time on-site data, and social media feeds to generate truly valuable crime predictions. Our ADMs are an eye-catching physical presence that serve … Continue reading “Knightscope Lands $5,100,000 New Financing Round”
FilmRise Obtains $25,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a2766860-dfcb-4bbc-8217-13417eb1074d Date 11/4/2015 Company Name FilmRise Mailing Address 34 35th Street 4th Floor Brooklyn, NY 11232 USA Company Description FilmRise is a film and TV distribution company founded by veteran producer/financiers Danny Fisher, Jack Fisher and Alan Klingenstein. Website http://www.filmrise.com Transaction Type Venture Equity Transaction Amount $25,000,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “FilmRise Obtains $25,000,000 New Funding”
LeafLink Garners $750,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a29f2d84-7052-47b5-a5b5-1ab00191a66e Date 11/4/2015 Company Name LeafLink Mailing Address PO Box 20240 New York, NY 10017 USA Company Description LeafLink speaks to industry leading accounting, inventory and POS platforms. No more double entry; you have a business to grow. Centralize relationship management across your team with established partners and new prospects on one … Continue reading “LeafLink Garners $750,000 Seed Financing”
Havenly Secures $7,500,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8e1545c9-fd04-44a3-b28e-561bd7d70c7d Date 11/4/2015 Company Name Havenly Mailing Address 1024 Delaware St. Denver, CO 80218 USA Company Description Havenly provides interior design services, all online, at an extremely accessible pricepoint. For a flat fee of $185, we set you up with your own personal interior designer, matched exclusively to your style, who works … Continue reading “Havenly Secures $7,500,000 Series A Financing”
Prieto Battery Receives New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e942cefc-eaa2-4993-860a-df8fcb1e997b Date 11/4/2015 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 Receives New Financing”
INRange Systems Obtains $171,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e9050948-8591-442b-8d1f-f25f5ab6c740 Date 11/4/2015 Company Name INRange Systems Mailing Address 165 S. Union Avenue Lakewood, CO 80228 USA Company Description INRange has developed the first and only FDA cleared Remote Medication Management System. As a Company we strive to incorporate our Systems into the daily practice of healthcare professionals, in an effort to … Continue reading “INRange Systems Obtains $171,000 New Funding Round”
Fuzzy Logix Lands $5,500,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7904d68c-4a3a-4118-ba81-c33a63553a56 Date 11/4/2015 Company Name Fuzzy Logix Mailing Address 10735 David Taylor Dr. Charlotte, NC 28262 USA Company Description Fuzzy Logix is an analytics software and professional services company. We provide a new generation of in-database analytic solutions which help companies make smarter decisions and improve effectiveness and performance. Website http://www.fuzzyl.com Transaction … Continue reading “Fuzzy Logix Lands $5,500,000 Series A Round”
Tego Receives $6,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a0f862ac-465a-41b1-ab63-a39004735c35 Date 11/4/2015 Company Name Tego Mailing Address 375 Totten Pond Road Waltham, MA 02451 USA Company Description Tego is a fabless designer and producer of passive RFID tags with substantially higher memory and functionality than that offered by any competitor. Website http://www.tegoinc.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round … Continue reading “Tego Receives $6,000,000 New Funding Round”
Kura Oncology Lands $50,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8cad575f-9ff4-42d7-bce6-711c261571ae Date 11/4/2015 Company Name Kura Oncology Mailing Address 11119 North Torrey Pines Road La Jolla, CA 92037 USA Company Description At Kura Oncology (NASDAQ: KURA), we are committed to realizing the promise of precision medicines for cancer. The genomics revolution is transforming how we treat cancer. Website http://www.kuraoncology.com Transaction Type IPO … Continue reading “Kura Oncology Lands $50,000,000 New Funding Round”
Eero Garners $40,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=261ff369-999a-4ad6-8312-9ebdad2866eb Date 11/4/2015 Company Name Eero Mailing Address 230 9th St. San Francisco, CA 94103 USA Company Description Believe it or not, YouTube was only founded in ‘05. Two years later, Netflix launched streaming with a mere 1000 titles. The connected home – everything from networked speakers to cloud-connected refrigerators – is … Continue reading “Eero Garners $40,000,000 New Round”
Proofpoint Acquires Socialware for $9,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ef05ea1c-a0d0-4589-804e-c7ab5770c524 Date 11/4/2015 Company Name Socialware Mailing Address 6500 River Place Blvd. Austin, TX 78730 USA Company Description Socialware bridges the gap between the enterprise and social networks to transform the way that companies and their employees engage, connect and communicate with clients, partners and one another. Our solutions allow companies to … Continue reading “Proofpoint Acquires Socialware for $9,000,000”
Qualcomm Life Q&A: How Capsule Deal Expands Its Reach in Healthtech
Just a few weeks after Qualcomm Life acquired Andover, MA-based Capsule Technologie in September, the FDA cleared the newest version of Capsule’s patient monitoring system, SmartLinx Vitals Plus, for use as a medical device. The timing was fortuitous, and Qualcomm Life says it will begin deploying SmartLinx Vitals Plus to key customers through the rest … Continue reading “Qualcomm Life Q&A: How Capsule Deal Expands Its Reach in Healthtech”
App Startup Golfler Scores Early Birdies With Funding, Awards
A Detroit-based startup’s golfing app, released in August, is already scoring major accolades: Google named it the second-best sports app for 2015, and the company beat out more than 200 exhibitors to win the top buyers’ choice award at a PGA conference two weeks after it launched. Golfler co-founder Jason Pearsall says his company’s app … Continue reading “App Startup Golfler Scores Early Birdies With Funding, Awards”
Big Data Analytics Startup Fuzzy Logix Raises $5.5M in Series A
There’s no shortage of big data analytics companies pledging to help industries make greater sense—and use—of the data they have. Startup Fuzzy Logix is throwing its hat into the ring with a $5.5 million fundraising round to scale its growth. New Science Ventures led the Series A round for Charlotte, NC-based Fuzzy Logix, which markets … Continue reading “Big Data Analytics Startup Fuzzy Logix Raises $5.5M in Series A”
In On-Demand Era, Grove Wants to Help You Grow Your Own Food
Consumers have grown used to the ability to order food at the push of a button and have it delivered to their doorstep within the hour. Will they be interested in using technology to grow it themselves at home, especially if it means more work and waiting several weeks to eat the food (which is … Continue reading “In On-Demand Era, Grove Wants to Help You Grow Your Own Food”
SnapApp Funding Continues Flurry of Boston Digital Marketing Deals
Online marketing companies have had a big week in the Boston area. The latest to cash in is SnapApp, which today announced a $12 million Series A round from Providence Equity Partners. SnapApp’s deal comes on the heels of yesterday’s $1.1 billion acquisition of Waltham, MA-based e-mail marketer Constant Contact (NASDAQ: [[ticker:CTCT]]) by Burlington, MA-based … Continue reading “SnapApp Funding Continues Flurry of Boston Digital Marketing Deals”
Special Rate Ends Today For Our Nov. 17 Health Summit: Save $100
If you want you keep your weight down, you eat right and exercise—the formula is pretty simple. If you want to understand what is going on in healthcare across science, medicine, payments, and policy—and use science to optimize your chance at a long, healthy life—it gets a bit trickier. You can get a leg up … Continue reading “Special Rate Ends Today For Our Nov. 17 Health Summit: Save $100”
Boston Biotech Veteran Trehu Leaves Promedior For Jounce
Elizabeth Trehu has been named the new chief medical officer of Cambridge, MA-based Jounce Therapeutics. Trehu is a veteran of the Boston biotech scene. She was most recently the CMO of Promedior, and had executive roles at Infinity Pharmaceuticals (NASDAQ: [[ticker:INFI]]), Genzyme, and Millennium Pharmaceuticals before that. Bristol-Myers Squibb recently paid $150 million for an … Continue reading “Boston Biotech Veteran Trehu Leaves Promedior For Jounce”
Exosome Dx Switches CEOs, Taps Ex-GnuBio Exec For Top Seat
Cambridge, MA-based Exosome Diagnostics has named John Boyce its new CEO, taking over for Tom McLain. Boyce previously was the CEO of GnuBio, a DNA sequencing company that was sold to Bio-Rad for $110 million last year. Exosome, which is developing so-called liquid biopsies for prostate and lung cancer, is clearly thinking of a similar … Continue reading “Exosome Dx Switches CEOs, Taps Ex-GnuBio Exec For Top Seat”
IDAvatars, Working With Watson, Seeks to Answer Patients’ Questions
Watson, meet Sophie. In September, IBM (NYSE: [[ticker:IBM]]) announced 100 of its development partners on its Watson supercomputer had brought a product or service to market. Among them was iDAvatars, a Mequon, WI-based startup that creates avatars like Sophie, a virtual medical assistant who becomes more familiar with a user with each interaction. Norrie Daroga, … Continue reading “IDAvatars, Working With Watson, Seeks to Answer Patients’ Questions”
Marketing Platform Zeta Interactive Snaps Up Piece of EBay Enterprise
Sometimes it takes more than one dance partner to get a big deal done. New York-based Zeta Interactive, a player in big data and analytics, has acquired the customer relationship management division of eBay Enterprise. This is part of a multiway transaction that saw the eBay company split up and sold largely to London’s Permira … Continue reading “Marketing Platform Zeta Interactive Snaps Up Piece of EBay Enterprise”
Even With New Crowdfunding Rules, No Easy Path Forward For Biotechs
[Corrected 11/3/15, 1:18pm. See below.] As Xconomy reported Friday, the U.S. Securities and Exchange Commission has finally filled in the missing pieces in the equity crowdfunding puzzle, giving private startups clearer rules about selling equity to the investor masses through Internet portals. In her opening remarks before the SEC commissioners voted 3-1 to approve nationwide … Continue reading “Even With New Crowdfunding Rules, No Easy Path Forward For Biotechs”
ETuk Corners the Micro-Transit Market in Denver
Denver may still be catching up to its East Coast peers when it comes to public transportation, but it does have one claim to fame. It is home to the first all-electric tuk-tuk service in the country. Resembling a souped-up golf cart, the three-wheeled motorized rickshaws—commonly called tuk-tuks in Asia, Africa, and Latin America—will take … Continue reading “ETuk Corners the Micro-Transit Market in Denver”
Crinetics Pharmaceuticals Lands $40,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0bdba431-d315-4cbc-bdaa-cbf1935ae156 Date 11/3/2015 Company Name Crinetics Pharmaceuticals Mailing Address 6197 Cornerstone Court San Diego, CA 92121 USA Company Description Crinetics Pharmaceuticals discovers and develops important new drugs for endocrinologists and their patients. Our internal discovery programs target peptide hormone receptors for the treatment of specialty endocrine disorders in the areas of neuroendocrinology, … Continue reading “Crinetics Pharmaceuticals Lands $40,000,000 Series A Financing Round”
Compology Secures $1,150,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd14b3b1-dd8d-436f-8848-0fa9b39f47ff Date 11/3/2015 Company Name Compology Mailing Address 1155 Indiana St. San Francisco, CA 94107 USA Company Description Compology is developing the hardware and software to provide waste haulers and their customers the data they need. Website http://www.compology.us Transaction Type Debt Transaction Amount $1,150,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Compology Secures $1,150,000 New Financing Round”
Sighten Obtains $3,500,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e829feeb-8d03-4490-ae4d-4eed779632b3 Date 11/3/2015 Company Name Sighten Mailing Address 637 Natoma St. San Francisco, CA 94103 USA Company Description Sighten has built the most advanced software toolset for solar. Our comprehensive platform spans the entire life cycle of a solar asset from tools that streamline origination, system design, and sales/operations to features that … Continue reading “Sighten Obtains $3,500,000 Series A Funding”
Turo Garners $47,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=59f00ee7-f0c0-4bf6-96a1-7099d16dc698 Date 11/3/2015 Company Name Turo Mailing Address 463 Bryant St. San Francisco, CA 94107 USA Company Description The company operates a website and service that allows users to share automobiles. Website http://www.turo.com Transaction Type Venture Equity Transaction Amount $47,000,000 Transaction Round Series C Proceeds Purposes Funding will be used to help … Continue reading “Turo Garners $47,000,000 Series C Financing”
Sekai Lab Obtains $3,300,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=04c8224b-bc2c-474b-9cf0-8bfabf71dc36 Date 11/3/2015 Company Name Sekai Lab Mailing Address 580 California Street San Francisco, CA 94104 USA Company Description Sekai Lab is about you and product development. A trusted partner who connects you with the skilled, affordable Asian software engineer teams and firms. As you read this, we have more than 10,000 … Continue reading “Sekai Lab Obtains $3,300,000 New Funding”
Verge Genomics Obtains $4,000,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=30721ad7-d5a1-45d6-b688-a2aa4b70b8e2 Date 11/3/2015 Company Name Verge Genomics Mailing Address Undisclosed San Francisco, CA 94107 USA Company Description Neurological diseases are caused by complex interactions between many genes. Many drug discoveries fail because researchers target only one gene at a time. Using the same breakthroughs that power Google’s search engines, we’ve discovered a … Continue reading “Verge Genomics Obtains $4,000,000 Seed Funding”
Moovit Garners New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=209a4581-3de8-4dab-8781-ba6676729f23 Date 11/3/2015 Company Name Moovit Mailing Address Undisclosed San Francisco, CA 94107 USA Company Description The Moovit App has everything you need to travel on public transport the smartest, speediest and easiest way possible. Website http://www.moovitapp.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes The company plans … Continue reading “Moovit Garners New Funding”
Bidgely Lands $16,600,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4c69b8d9-48db-4f12-a579-bfbbe79dc75d Date 11/3/2015 Company Name Bidgely Mailing Address 440 North Wolfe Rd. Sunnyvale, CA 94085 USA Company Description Bidgely (pronounced bij-lee; means electricity) is a disruptive technology company creating an innovative energy monitoring & management solution. We have taken up the challenge to bring huge energy savings to the world and ring … Continue reading “Bidgely Lands $16,600,000 Series B Financing”
LUMO BodyTech Secures $10,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fdd95bdb-73ce-432d-ae35-dfd10c78813f Date 11/3/2015 Company Name LUMO BodyTech Mailing Address 425 Sherman Ave. Palo Alto, CA 94306 USA Company Description LUMO BodyTech uses smart sensors and software to help people improve their health. Website http://www.lumoback.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round Series B Proceeds Purposes The Lumo Platform will be … Continue reading “LUMO BodyTech Secures $10,000,000 Series B Financing Round”
IBM Acquires Gravitant for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=831a96de-5c0c-4952-8740-2c40226b8e7b Date 11/3/2015 Company Name Gravitant Mailing Address 11940 Jollyville Rd Austin, TX 78759 USA Company Description Founded by innovative executives with over five decades of experience in Enterprise IT Management, operations research, and service oriented architectures (SOA), Gravitant is a leader in the cloud brokerage and management space. Website http://www.gravitant.com Transaction … Continue reading “IBM Acquires Gravitant for Undisclosed Sum”
Looking to Spur Startups, UW’s Patent Office Partners with Gener8tor
gBETA, a free, six-week accelerator for early-stage companies affiliated with colleges and universities in Wisconsin, now has a second powerful backer. On Monday Gener8tor, the Wisconsin startup accelerator that launched gBETA earlier this year, announced a partnership with the Wisconsin Alumni Research Foundation (WARF), which manages intellectual property for the University of Wisconsin-Madison. American Family … Continue reading “Looking to Spur Startups, UW’s Patent Office Partners with Gener8tor”
NEI Awards $300K to Small Businesses, Starts Search for New Leader
The New Economy Initiative (NEI) today announced the 2015 batch of NEIdeas Challenge winners; 30 small businesses grossing less than $750,000 annually received $10,000 each to grow their operations. The competition was open to any business in Detroit, Hamtramck, or Highland Park that is at least three years old. Part two of the competition, which … Continue reading “NEI Awards $300K to Small Businesses, Starts Search for New Leader”
Cornell Tech to Train Lawyers to Tackle Startups’ Legal Kinks
The trouble with introducing new technology and ideas is they frequently can lead to lawsuits and other headaches. Whether it is fighting patent trolls, testing the boundaries of old laws, or just coping with new regulatory rules, tech companies may have to cross many legal minefields as they scale up. Expecting the landscape to continue … Continue reading “Cornell Tech to Train Lawyers to Tackle Startups’ Legal Kinks”
Parallel Paths of Constant Contact, Endurance Converge in $1.1B Union
Constant Contact and Endurance International Group Holdings have followed similar paths. Both got their start in the 1990s, offering Web services to small businesses. Both survived the dot-com crash, built up their companies, and went public. And now, their paths have collided in a $1.1 billion deal that combines two of Massachusetts’ major software companies … Continue reading “Parallel Paths of Constant Contact, Endurance Converge in $1.1B Union”
Seattle 2035: A Glimpse of the Future of Innovation
Self-driving cars. Conferences you attend virtually. People visiting outer space for tourism and work. A denser Seattle, perhaps one with ultra energy efficient buildings and sophisticated aquaponic systems for growing food in the city. These were just some of the visions that emerged from Xconomy’s conference on the future of our regional innovation ecosystem, Seattle 2035. In … Continue reading “Seattle 2035: A Glimpse of the Future of Innovation”
Bristol-Myers to Add Cardioxyl’s Heart Failure Drug With $300M Deal
Bristol-Myers Squibb is set to buy Cardioxyl Pharmaceuticals and its portfolio of clinical and pre-clinical heart drugs in a deal that boosts the big pharma company’s cardiovascular drug pipeline. Under the definitive agreement announced this morning, New York-based Bristol-Myers (NYSE: [[ticker:BMS]]) will pay up to $300 million in upfront and near-term milestone payments to acquire … Continue reading “Bristol-Myers to Add Cardioxyl’s Heart Failure Drug With $300M Deal”
SXSW Faces More Controversy Over Online Harassment Panel Fracas
Even as the organizers of the South By Southwest Interactive festival announced Friday a daylong panel on online harassment to take place at next year’s event, a few of those panelists involved said they had not confirmed that they would, in fact, come to the Austin conference. Panelists on “Level Up: Overcoming Harassment in Games” … Continue reading “SXSW Faces More Controversy Over Online Harassment Panel Fracas”
Wisconsin Roundup: Exact Sciences, Promega, WARF, & More
Here are some of the past week’s major headlines from Wisconsin’s tech and innovation community: —The new board of directors at Fitchburg-based life sciences supplier Promega has rejected a hostile takeover attempt, the Wisconsin State Journal reported. Two shareholders—Ted Kellner, executive chairman of Milwaukee-based Fiduciary Management, and Nathan Brand, a Miami real estate developer with … Continue reading “Wisconsin Roundup: Exact Sciences, Promega, WARF, & More”