Northwest tech deal-makers were busy this week, announcing several significant mergers and acquisitions before the unofficial end of summer. Amazon Web Services is buying Portland, OR-based Elemental Technologies. Microsoft is scooping up people analytics company VoloMetrix. And Zillow is spinning off Market Leader at a significant discount. Read on for more details: —Elemental Technologies’ pending … Continue reading “Seattle Roundup: End of Summer M&A Flurry”
Women Who Fund Conference
The University of Michigan’s Ross School of Business hosts this half-day conference designed to connect women-owned business leaders with women in the venture capital and private equity industry to further access and availability to capital. Alicia Robb, a senior fellow at the Kauffman Foundation and a professor at UC-Berkley, will deliver the keynote speech. For … Continue reading “Women Who Fund Conference”
DTX Launch Teaches Young Grads Entrepreneurial Skills
TechTown Detroit—in partnership with Bizdom, Invest Detroit, the Detroit Creative Corridor Center, the Henry Ford Innovation Institute, NextEnergy, and Techstars Mobility—recently ran the 2015 DTX Launch Detroit program, a 10-week summer accelerator for college students and recent graduates aspiring to launch a technology startup. This year’s cohort comprised 11 teams, with 26 participants from 10 … Continue reading “DTX Launch Teaches Young Grads Entrepreneurial Skills”
Wisconsin Roundup: Johnson Controls, Epic, American Family & More
[Corrected 9/9/15, 10:16 am. See below.] Here are some of the past week’s major headlines from Wisconsin’s tech and innovation community: —Johnson Controls (NYSE: [[ticker:JCI]]) announced it sold one of its major divisions, Global Workforce Solutions, to the Los Angeles-based CBRE Group (NYSE: [[ticker:CBG]]) for $1.4 million. As part of the deal, Glendale-based JCI will provide … Continue reading “Wisconsin Roundup: Johnson Controls, Epic, American Family & More”
East Coast Biotech Roundup: X4, Rgenix, Alnylam, Intellia & More
What summer doldrums? It’s still not even Labor Day, yet the deals are already coming fast and furious. So fire up the grill and read on for some Series A rounds, crossover investments, data readouts, option-to-buy deals and more. —As Xconomy reported this week, a stealthy Cambridge, MA-based startup called X4 Pharmaceuticals raised a $37.5 … Continue reading “East Coast Biotech Roundup: X4, Rgenix, Alnylam, Intellia & More”
Boston Tech Roundup: Databox, Ascent, LogMeIn, & More
There have been so many big headlines coming out of Boston this week—OK, really just one, about Tom Brady—that it’s been easy to miss some of them. With that in mind, here’s a roundup of some technology news of import: —Databox, a Boston company that helps marketers and managers track data from services such as … Continue reading “Boston Tech Roundup: Databox, Ascent, LogMeIn, & More”
Grove Labs Secures $1,791,413 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bb6a6a79-c471-46b0-804e-44789617c72e Date 9/4/2015 Company Name Grove Labs Mailing Address 28 Dane Street Somerville, MA 02143 USA Company Description At Grove Labs, we believe that everybody on the planet deserves access to healthy, local, and sustainably grown food. We’re frustrated with the current state of food & agriculture, so we’re empowering people to … Continue reading “Grove Labs Secures $1,791,413 New Financing Round”
Exosome Diagnostics Lands $17,600,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4548458f-fd30-4e2b-8829-c41a2e5f6670 Date 9/4/2015 Company Name Exosome Diagnostics Mailing Address 840 Memorial Drive Cambridge, MA 02139 USA Company Description Exosome Diagnostics, Inc. is focused on commercializing minimally invasive molecular diagnostics using body fluids. Website http://www.exosomedx.com Transaction Type Venture Equity Transaction Amount $17,600,000 Transaction Round Series B Proceeds Purposes These funds also will enable … Continue reading “Exosome Diagnostics Lands $17,600,000 Series B Round”
Amazon.com Acquires Elemental Technologies for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=63c66fbc-50ad-45b3-8408-043a24d730ed Date 9/4/2015 Company Name Elemental Technologies Mailing Address 225 SW Broadway Portland, OR 97205 USA Company Description Elemental Technologies, headquartered in Portland, Oregon, is the leading provider of massively parallel processing (MPP) solutions, initially targeting video applications. Website http://www.elementaltechnologies.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms … Continue reading “Amazon.com Acquires Elemental Technologies for Undisclosed Sum”
Microsoft Acquires VoloMetrix for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e0640a89-e2d0-4cee-aee3-0f5f45e678f0 Date 9/4/2015 Company Name VoloMetrix Mailing Address 2101 Fourth Ave Seattle, WA 98121 USA Company Description VoloMetrix is an enterprise analytics start-up in Seattle focused on providing tools to improve organizational effectiveness and drive knowledge worker productivity in the enterprise. We are passionate about empowering business leaders to make better, more … Continue reading “Microsoft Acquires VoloMetrix for Undisclosed Sum”
Sensory NeuroStimulation Secures $1,500,000 Series D Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=83a7dc80-26b0-48af-87b2-4801ee8ab095 Date 9/4/2015 Company Name Sensory NeuroStimulation Mailing Address 1235 Puerta del Sol San Clemente, CA 92673 USA Company Description Sensory Medical has the only device that is indicated to improve the quality of sleep in patients with primary Restless Legs Syndrome (RLS) through the use of vibratory counterstimulation as stated by … Continue reading “Sensory NeuroStimulation Secures $1,500,000 Series D Financing Round”
Allergan Acquires AqueSys for $300,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0c7a281e-3458-43b5-a97e-6a42d65c354d Date 9/4/2015 Company Name AqueSys Mailing Address 26970 Aliso Viejo Pkwy Aliso Viejo, CA 92656 USA Company Description The company is developing a device treatment for primary open angle glaucoma. Website http://www.aquesys.com Transaction Type M&A Transaction Amount $300,000,000 Transaction Round Proceeds Purposes M&A Terms Under the terms of the agreement, Allergan … Continue reading “Allergan Acquires AqueSys for $300,000,000”
Varsity News Network Lands $3,700,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=608a743b-34fa-42b2-8590-b35a6ba89597 Date 9/4/2015 Company Name Varsity News Network Mailing Address 15 Ionia Avenue SW Grand Rapids, MI 49503 USA Company Description VNN’s athletics platform automatically updates your schedules, game results, articles, photos, forms, and alerts as you work on the things you already do everyday. Website http://www.varsitynewsnetwork.com Transaction Type Venture Equity Transaction … Continue reading “Varsity News Network Lands $3,700,000 New Financing Round”
Netskope Receives $75,000,000 Series D Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=123d8aa8-8635-468d-8c11-38e97aab38d5 Date 9/4/2015 Company Name Netskope Mailing Address 4984 El Camino Real Los Altos, CA 94022 USA Company Description Netskope is the cloud app analytics and policy company. Only Netskope eliminates the catch-22 between being agile and being secure and compliant by providing complete visibility and enforcing sophisticated policies in cloud apps. … Continue reading “Netskope Receives $75,000,000 Series D Financing”
trueAnthem Secures $1,600,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=96eb1b8c-27a8-443f-a1d0-79757e9d3fb2 Date 9/4/2015 Company Name trueAnthem Mailing Address 25 Taylor St. San Francisco, CA 94102 USA Company Description Social sharing is good. Social influencing is better. Our platform helps you harness the power of influence and earned media to drive real results. Website http://www.trueanthem.com Transaction Type Venture Equity Transaction Amount $1,600,000 Transaction … Continue reading “trueAnthem Secures $1,600,000 New Round”
Lenda Receives $450,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=65949893-707d-43e7-a66e-89be3b9316d6 Date 9/4/2015 Company Name Lenda Mailing Address 123 10th St. San Francisco, CA 94103 USA Company Description Lenda (formerly GoRefi) allows homeowners to complete their home loan online – starting with a 30-second custom rate quote. Just like completing your taxes, buying airfare, or trading stocks, you can now complete the … Continue reading “Lenda Receives $450,000 New Funding”
Wrap Media Obtains $12,700,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=06227e31-a946-4816-8f23-c800f22689a9 Date 9/4/2015 Company Name Wrap Media Mailing Address Undisclosed San Francisco, CA 94108 USA Company Description Founded in 2014 by entrepreneur Eric Greenberg, Wrap is a mobile-first storytelling and commerce platform that delivers app-like user experiences in bite-sized pieces through the mobile web. Website http://www.wrap.co Transaction Type Venture Equity Transaction Amount … Continue reading “Wrap Media Obtains $12,700,000 Series B Financing”
Research In Motion Acquires Good Technology for $425,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2d4a031b-53d0-41f5-b654-13561e18545a Date 9/4/2015 Company Name Good Technology Mailing Address 430 N. Mary Avenue Sunnyvale, CA 94085 USA Company Description Good Technology is a leader in enterprise wireless handheld computing software and services, delivering critical corporate information to the handhelds users choose, over the networks they prefer. Website http://www.good.com Transaction Type M&A Transaction … Continue reading “Research In Motion Acquires Good Technology for $425,000,000”
Parkifi Obtains $2,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cda7d671-2e7a-471d-8c3e-68a6f9810c20 Date 9/4/2015 Company Name Parkifi Mailing Address 1321 15th Street Denver, CO 80202 USA Company Description Parkifi is making parking less of a hassle with our real time parking occupancy platform. Utilizing our sensor technology we provide real time data to parking lot operators, cities, and mobile applications to let them … Continue reading “Parkifi Obtains $2,000,000 New Funding”
Xtera Communications Lands $7,220,251 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=077cb38c-844d-4447-b2d4-81a3cbeb7cb4 Date 9/4/2015 Company Name Xtera Communications Mailing Address 500 W. Bethany Dr. Allen, TX 75013 USA Company Description Xtera Communications makes long-haul fiber-optic transmission equipment used for both terrestrial and undersea transport. Its Nu-Wave systems increase the bandwidth capability of fiber-optic strands, making converged voice and data communications possible. The company … Continue reading “Xtera Communications Lands $7,220,251 New Funding Round”
GoToTags Garners $300,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3511818b-81ff-4d5d-9522-651767ba0b13 Date 9/4/2015 Company Name GoToTags Mailing Address 3302 Fuhrman Ave E. Seattle, WA 98102 USA Company Description GoToTags is a Seattle, WA based company that develops software and hardware solutions to service companies deploying Internet of Things (IoT) projects. Website http://www.gototags.com Transaction Type Venture Equity Transaction Amount $300,000 Transaction Round Undisclosed … Continue reading “GoToTags Garners $300,000 New Financing Round”
Urban FT Group Acquires Wipit for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e6d4946b-e307-47ab-9893-16fe00a21228 Date 9/4/2015 Company Name Wipit Mailing Address P.O. Box 25 Pasadena, CA 91102 USA Company Description Wipit is empowering cash-preferred consumers. Whether it’s from the convenience of a mobile phone or a prepaid card, we are creating innovative new ways to use cash for financial services and load funds at thousands … Continue reading “Urban FT Group Acquires Wipit for Undisclosed Sum”
AWS Buys Video Software Maker Elemental Technologies for Reported $500M
Amazon Web Services (AWS) is bolstering its already substantial cloud-based video offerings with the acquisition of Portland, OR-based Elemental Technologies. Elemental makes software to enable multi-screen delivery of video content over the Internet—things like video encoding, decoding, and transcoding. It has been working with Amazon subsidiary AWS for four years to serve shared customers in … Continue reading “AWS Buys Video Software Maker Elemental Technologies for Reported $500M”
West Coast Biotech Roundup: Amgen, Grizzlies, Topol, Faraday & More
As biotech ended its worst market month since the recession, it was fitting that one of the week’s best stories was about bears. Grizzlies, to be precise. Grizzlies are oh-so-Western, so of course we were intrigued, and even better, the story involves a West Coast biotech company. The Wall Street Journal broke news this week … Continue reading “West Coast Biotech Roundup: Amgen, Grizzlies, Topol, Faraday & More”
Acadia, Under New CEO, Seeks Approval for Parkinson’s Drug
San Diego’s Acadia Pharmaceuticals (NASDAQ: [[ticker:ACAD]]) said today it has submitted its lead drug candidate for FDA approval. The company also said Steve Davis, who became interim CEO in March, will officially continue as the company’s president and CEO. The company now appears to be back on track after stumbling almost six months ago. Traders … Continue reading “Acadia, Under New CEO, Seeks Approval for Parkinson’s Drug”
Varsity News Network Snags $3.7 Million, Plans 2.0 Version Next Year
Varsity News Network (VNN), the Grand Rapids, MI-based startup that facilitates online communication between high school athletic departments, parents, and athletes, today announced that it has closed on a round of financing worth $3.7 million. Arsenal Ventures led the round, with participation from North Coast Technology Ventures, RSL Venture Partners, Start Garden, Nir Arkin, Detroit … Continue reading “Varsity News Network Snags $3.7 Million, Plans 2.0 Version Next Year”
What Bubble? Techstars Boston Keeps Trying to Build Real Businesses
If you cover the technology startup industry, two words you are getting sick of seeing are “bubble” and “unicorn.” In place of the former, you are hearing more about a coming “correction” in valuations and so forth. In place of the latter, you mostly get people shaking their heads at what the term even means. … Continue reading “What Bubble? Techstars Boston Keeps Trying to Build Real Businesses”
Scripps Enrolls 4,000+ in Scanadu Trial of Device for Vital Signs
In the five years since it was founded, Mountain View, CA-based Scanadu has been blessed with a groundswell of support from some pretty diverse groups—ordinary folks, elite investors, Web innovators, and even Trekkies. Now the company gets to bask in the reflected glow of San Diego’s prestigious Scripps Translational Science Institute (STSI). In a statement … Continue reading “Scripps Enrolls 4,000+ in Scanadu Trial of Device for Vital Signs”
With New CEO, Seattle’s Faraday Pharma Aims to Exploit Ikaria Roots
[Updated 9/3/15, 11:30 am. See below.] Tiny Faraday Pharmaceuticals of Seattle launched last year to try what its predecessor Ikaria couldn’t do: Turn the cutting-edge research of founder Mark Roth, a MacArthur Foundation “genius” award winner, into a medical product. Now Faraday, which emerged from stealth and announced a round of funding last year but … Continue reading “With New CEO, Seattle’s Faraday Pharma Aims to Exploit Ikaria Roots”
Sage Points to Tremor Data to Back Up “De-Risked” Neuro Drug Plan
Companies are always looking to increase their odds of success, and Sage Therapeutics believes it’s come up with a clinical strategy to take some risk out of a risky business. Sage (NASDAQ: [[ticker:SAGE]]) today is reporting the results of a small, exploratory study of its lead drug, SAGE-547, in patients with essential tremor, a neurological … Continue reading “Sage Points to Tremor Data to Back Up “De-Risked” Neuro Drug Plan”
Kona Medical Obtains $10,000,300 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d9cbaf75-99d4-4b82-944d-d45493e9994b Date 9/3/2015 Company Name Kona Medical Mailing Address 2495 140th Avenue N.E. Bellevue, WA 98005 USA Company Description Kona Medical, Inc. is a privately held company developing an innovative and non-invasive therapy for treatment of hypertension (high blood pressure). Website http://www.konamedical.com Transaction Type Debt Transaction Amount $10,000,300 Transaction Round Undisclosed Proceeds … Continue reading “Kona Medical Obtains $10,000,300 New Funding”
Tragara Pharmaceuticals Secures $13,058,784 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9acead63-0542-456e-b9bc-1c84bb2bfa9c Date 9/3/2015 Company Name Tragara Pharmaceuticals Mailing Address 3152 Lionshead Avenue Carlsbad, CA 92010 USA Company Description Tragara Pharmaceuticals, Inc. is a pharmaceutical company based in San Diego, California focused on the clinical and commercial development of proprietary drugs for the treatment of cancer and inflammation-related diseases. Website http://www.tragarapharma.com Transaction Type … Continue reading “Tragara Pharmaceuticals Secures $13,058,784 New Financing Round”
BlueCava Secures $9,795,818 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=936eb20e-ebef-4a94-9605-e82df2396821 Date 9/3/2015 Company Name BlueCava Mailing Address 131 Innovation Drive Irvine, CA 92617 USA Company Description At BlueCava, our mission is to make it easy for brands, agencies, data and adtech marketers to understand and leverage their audiences across all of their screens in actionable ways that help them know, study, … Continue reading “BlueCava Secures $9,795,818 New Funding”
HistoSonics Obtains $3,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=99ab579c-50be-4539-9f2f-52cadbbedce0 Date 9/3/2015 Company Name HistoSonics Mailing Address 3626 W. Liberty Rd. Ann Arbor, MI 48103 USA Company Description HistoSonics Inc which will develop a novel medical device that uses tightly focused ultrasound pulses to treat prostate disease. Website http://www.histosonics.com Transaction Type Debt Transaction Amount $3,000,000 Transaction Round Undisclosed Proceeds Purposes The … Continue reading “HistoSonics Obtains $3,000,000 New Funding”
Silver Peak Systems Secures $2,361,600 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=88c726f9-4d63-4335-9969-16a0af921ece Date 9/3/2015 Company Name Silver Peak Systems Mailing Address 2860 De La Cruz Blvd. Santa Clara, CA 95050 USA Company Description Silver Peak is a privately held company that develops enterprise-class network appliances for the re-centralization of branch office infrastructure. Website http://www.silver-peak.com Transaction Type Venture Equity Transaction Amount $2,361,600 Transaction Round … Continue reading “Silver Peak Systems Secures $2,361,600 New Financing Round”
Silver Peak Systems Garners $7,053,371 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b309394f-1669-4985-9c01-44fc3fdf68ab Date 9/3/2015 Company Name Silver Peak Systems Mailing Address 2860 De La Cruz Blvd. Santa Clara, CA 95050 USA Company Description Silver Peak is a privately held company that develops enterprise-class network appliances for the re-centralization of branch office infrastructure. Website http://www.silver-peak.com Transaction Type Venture Equity Transaction Amount $7,053,371 Transaction Round … Continue reading “Silver Peak Systems Garners $7,053,371 New Financing”
Silver Peak Systems Obtains $1,417,530 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4c1f3315-ce0f-469d-9842-560fc9173f75 Date 9/3/2015 Company Name Silver Peak Systems Mailing Address 2860 De La Cruz Blvd. Santa Clara, CA 95050 USA Company Description Silver Peak is a privately held company that develops enterprise-class network appliances for the re-centralization of branch office infrastructure. Website http://www.silver-peak.com Transaction Type Venture Equity Transaction Amount $1,417,530 Transaction Round … Continue reading “Silver Peak Systems Obtains $1,417,530 New Financing Round”
Saucey Lands $4,500,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a3bdec8f-8d92-400b-a7c3-9365aa384a6f Date 9/3/2015 Company Name Saucey Mailing Address 805 Veterans Blvd. Redwood City, CA 94063 USA Company Description Choose from the best selection of beer, wine and spirits delivered to your door. Our simple pricing means what you see is what you pay, no additional fees at checkout. Website http://www.sauceyapp.com Transaction Type … Continue reading “Saucey Lands $4,500,000 Seed Funding”
Saisei Garners $203,858 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bb177007-8014-4a6c-89a4-9609cbe6e1bb Date 9/3/2015 Company Name Saisei Mailing Address 710 Lakeway Drive Sunnyvale, CA 94085 USA Company Description The leading supplier of software-based network appliances, without the need for proprietary hardware; our vision is to replace all proprietary hardware appliances with Saisei software solutions – globally and for all networks. Website http://www.saisei.com Transaction … Continue reading “Saisei Garners $203,858 New Funding”
AREA360 Receives $3,500,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c89abcc9-3606-423a-b7a5-d11597aaabb6 Date 9/3/2015 Company Name AREA360 Mailing Address Undisclosed Seattle, WA 94108 USA Company Description The world is full of opportunities to discover. We innovate to enhance the way people experience, understand and connect with what’s around them. Website http://www.area360.com Transaction Type Venture Equity Transaction Amount $3,500,000 Transaction Round Series A Proceeds … Continue reading “AREA360 Receives $3,500,000 Series A Round”
Treasure Data Receives $6,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f13ddab9-360e-4f99-9d81-e8c435282397 Date 9/3/2015 Company Name Treasure Data Mailing Address 201 San Antonio Road Mountain View, CA 94040 USA Company Description The Treasure Data Cloud Data Warehouse service enables data-driven companies to get big data analytics running in days not months without specialist IT resources and for a tenth the cost of other … Continue reading “Treasure Data Receives $6,000,000 New Funding Round”
Roost Search Secures $5,500,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=094e02fc-518f-4cbb-8823-fc763df46f25 Date 9/3/2015 Company Name Roost Search Mailing Address One Post Street San Francisco, CA 94104 USA Company Description Roost offers two services in parallel – a consumer search engine for places to live and a technology platform for REALTORS. Website http://www.roost.com Transaction Type Venture Equity Transaction Amount $5,500,000 Transaction Round Series … Continue reading “Roost Search Secures $5,500,000 Series A Financing Round”
Thoma Bravo Acquires MedeAnalytics for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9e005666-0b95-41a5-bbc5-fcf9dac60025 Date 9/3/2015 Company Name MedeAnalytics Mailing Address 5858 Horton Street Emeryville, CA 94608 USA Company Description If you’re a healthcare executive, you’re constantly under pressure to grow margins, increase cash, mitigate risk, and reduce costs. Website http://www.medeanalytics.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Thoma Bravo, … Continue reading “Thoma Bravo Acquires MedeAnalytics for Undisclosed Sum”
Zift Solutions Receives $14,300,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0f5e3c94-4f0e-44f6-9db7-f7018c4091ea Date 9/3/2015 Company Name Zift Solutions Mailing Address 4601 Creekstone Drive Durham, NC 27703 USA Company Description Zift Solutions provides a marketing distribution platform that extends the reach of your marketing campaigns through your channel. Website http://www.ziftsolutions.com Transaction Type M&A Transaction Amount $14,300,000 Transaction Round Proceeds Purposes M&A Terms Undisclosed Venture … Continue reading “Zift Solutions Receives $14,300,000 New Financing”
Microsoft, Ballmers Enable More STEM Students, But Shortages Remain
Aspiring computer scientists, engineers, and health care professionals of modest means in Washington state have a better shot at a college education thanks to $21 million donated to a state scholarship fund by Microsoft and its former CEO, Steve Ballmer, matched dollar-for-dollar by the state. But even as a computer science education—a sure path to … Continue reading “Microsoft, Ballmers Enable More STEM Students, But Shortages Remain”
Intellivisit Lands New Customers, Expects New Financing in October
Intellivisit, the Milwaukee-area virtual health startup that seeks to be the “digital front door” for sick patients wanting to report their symptoms, has signed three Midwestern customers, all of whom will start using the software in October, said founder and CEO Jay Mason. The company, which changed its name from Elli Health in April, was … Continue reading “Intellivisit Lands New Customers, Expects New Financing in October”
Topol Calls on Healthcare Industry to “Emancipate” Patient Data
Eric Topol has a long list of job titles. From a talk yesterday in San Diego, he might be aiming to add a new moniker, as “the great emancipator” of electronic medical records. Already a professor of genomics, director of the Scripps Translational Science Institute, practicing cardiologist, and advocate for digital health innovation, Topol called … Continue reading “Topol Calls on Healthcare Industry to “Emancipate” Patient Data”
Roundup: Sapa, Ann Arbor SPARK, Hatch Detroit, Automation Alley & More
Here’s a look at innovation news you may have missed from across Michigan: —Sapa Extrusions opened a new office in Birmingham, the company’s fourth North American Technology Center. At the facility, Sapa will work with the automotive industry to design cheaper, more corrosion-resistant aluminum products, with support engineers providing custom alloy development for major manufacturers … Continue reading “Roundup: Sapa, Ann Arbor SPARK, Hatch Detroit, Automation Alley & More”
How To Pick Winning Startups in Crowded Tech Fields? Specialize, VC Says
In 2013, veteran investor and former Salesforce.com executive Matt Holleran quietly opened a specialized kind of venture firm that he suspects will become more common. Cloud Apps Capital Partners focuses on a single market—Web-based software applications for businesses. It aims to fill an early-stage startup funding niche that Holleran believes is not well-served by the … Continue reading “How To Pick Winning Startups in Crowded Tech Fields? Specialize, VC Says”
Censio, Led by Ex-Zipcar CEO, Brings Mobile Tech to Car Insurance
In the business of connected cars, at least one clear market has emerged: insurance. Today a Boston startup is taking a big step in that market. Censio, which has been growing quietly next to the Harvard Innovation Lab, said Wednesday it has formed a partnership with Progressive Insurance to develop a mobile app to monitor … Continue reading “Censio, Led by Ex-Zipcar CEO, Brings Mobile Tech to Car Insurance”