SmartDrive Systems Secures $47,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=066e95ed-398d-4cb5-bb87-0ee4bdd2dad5&Preview=1 Date 6/19/2012 Company Name SmartDrive Systems Mailing Address 9276 Scranton Road 5th Floor San Diego, CA 92121 Company Description SmartDrive Systems saves lives by increasing safe driving through behavior modification and saves money through lower insurance costs/claims via state-of-the-art, vehicle safety devices for commercial and government fleets of vehicles. SmartDrive Systems … Continue reading “SmartDrive Systems Secures $47,000,000 New Round”

Sonos Garners $45,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=62c7af61-a53e-4f20-90c3-8f0e0a69806d&Preview=1 Date 6/19/2012 Company Name Sonos Mailing Address 223 E. De La Guerra Santa Barbara, CA 93101 Company Description It’s no surprise that all of us at Sonos are die-hard music fans. We too love to listen to salsa in the kitchen, techno in the office and rock in the garden. Which … Continue reading “Sonos Garners $45,000,000 New Financing Round”

Codecademy Obtains $10,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=84b7d147-2cbf-486f-9cda-7b8340b931e5&Preview=1 Date 6/19/2012 Company Name Codecademy Mailing Address Undisclosed San Francisco, CA 94102 Company Description Codecademy was created out of the frustrations Zach and Ryan felt with learning how to program. Tired with less effective text and video resources, Ryan and Zach teamed up to create Codecademy, a better, more interactive way … Continue reading “Codecademy Obtains $10,000,000 Series B Funding”

Panzura Secures $15,000,000 Series C Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=93e59bbe-8bef-421a-91cb-dcf955d99c13&Preview=1 Date 6/19/2012 Company Name Panzura Mailing Address 22 Great Oaks Blvd. San Jose, CA 95119 Company Description Panzura is a storage software company whose vision is to enable cloud storage to be faster and more secure than local tier 1 storage. Website http://www.panzura.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction … Continue reading “Panzura Secures $15,000,000 Series C Funding Round”

Dropcam Secures $12,000,000 Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=62c2b21e-0da0-450b-9f8a-ead5fd1d3b0c&Preview=1 Date 6/19/2012 Company Name Dropcam Mailing Address 160 Spear Street San Francisco, CA 94105 Company Description Dropcams are easy-to-use wi-fi internet IP cameras you use to watch the things you love while on the go. Use your iPhone, Android, or laptop to keep an eye on home, monitor baby, or share … Continue reading “Dropcam Secures $12,000,000 Series B Round”

Shapeways Receives $6,200,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e6f972fa-fed6-459e-b0a1-c3a002274d73&Preview=1 Date 6/19/2012 Company Name Shapeways Mailing Address 419 Park Ave South New York, NY 10016 Company Description Shapeways is the source for limitless personal production. With a growing online community and marketplace, we’re a NY start-up that harnesses 3D printing to help you make, buy and sell anything you want. Website … Continue reading “Shapeways Receives $6,200,000 New Financing Round”

Qualcomm Expands its Power Efficiency Prowess in Summit Micro Buyout

A few weeks after last year’s Mobile World Congress, Qualcomm’s Bill Davidson talked with me about the importance of making energy efficiency a priority in wireless chip design. Davidson, who is Qualcomm’s senior vice president of global marketing and investor relations, voiced frustration over some of the gigahertz-size claims that some companies coming out of … Continue reading “Qualcomm Expands its Power Efficiency Prowess in Summit Micro Buyout”

Kiva Detroit, MEDC Partner to Grow and Replicate Microlending Model

Kiva Detroit, Kiva’s first domestic microlending initiative—and the country’s first community-led microlending program—spent its first year focused on growing the social network of lenders and community volunteers on the ground actively recruiting small businesses in need of a loan. Now, it will partner with the Michigan Economic Development Corporation (MEDC) to build capacity and, if … Continue reading “Kiva Detroit, MEDC Partner to Grow and Replicate Microlending Model”

Aiming for Third-Time Charm, San Diego’s Astute Networks Raises $12M

[Corrected 6/19/12, 10:25 am. See below.] San Diego’s Astute Networks, which reinvented itself almost two years ago by focusing on flash-based technology for accelerating virtualized computing systems, has closed on a $12 million Series B financing led by Samsung Investment Corp. The deal reflects the merits of the company’s new strategy, says Astute CEO Steve … Continue reading “Aiming for Third-Time Charm, San Diego’s Astute Networks Raises $12M”

Social Retail Summit

This afternoon conference will focus on creating communities around the offline store and making retail brands part of the online conversation. Sessions will cover such topics as building fashion communities, managing social campaigns, and mobile bridging. Speakers include Ashley John Heather of Dotbox, Alexander Muse of ShopSavvy, and Liza Kindred of Third Wave Fashion. Register here.

Merck Bets $15M on Ambrx’s “Smart Bomb” Antibodies

Merck is making its first move into one of the hotter corners of biotech, by forming a partnership to make “smart bomb” antibody drugs with San Diego-based Ambrx. The Whitehouse Station, NJ-based pharmaceutical giant (NYSE: [[ticker:MRK]]) has agreed to pay Ambrx $15 million upfront, another $288 million in milestone payments, and an undisclosed royalty rate … Continue reading “Merck Bets $15M on Ambrx’s “Smart Bomb” Antibodies”

Three Good Things About BIO 2012, and Four Not-so-Good

People from all over the world are gathering in Boston today to talk about biotech dreams. Like most years at the Biotechnology Industry Organization’s international convention, at least 15,000 people are expected to come together to pursue those dreams in a variety of ways. You can count on lots of selling, schmoozing, cheerleading, prognosticating, attention-seeking, … Continue reading “Three Good Things About BIO 2012, and Four Not-so-Good”

Magnum Semiconductor Receives $17,430,291 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3a87b4ac-6bc6-477d-b566-56810aabb474&Preview=1 Date 6/18/2012 Company Name Magnum Semiconductor Mailing Address 591 Yosemite Drive Milpitas, CA 95035 Company Description Magnum Semiconductor is a leading provider of chips, software, and platforms for consumer entertainment systems. Magnum provides the tools and technologies for recording, storing, managing, viewing, and exchanging audio and video throughout the home, and … Continue reading “Magnum Semiconductor Receives $17,430,291 New Financing”

Intransa Secures $7,655,639 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3c1ae0d8-a049-4ee1-b011-5ad8f9a9547a&Preview=1 Date 6/18/2012 Company Name Intransa Mailing Address 10710 N. Tantau Avenue Cupertino, CA 95014 Company Description Intransa is an innovator of an enterprise class, intelligent IP storage products and software. Based on technology that leverages the low cost and maturity of Ethernet technology, Intransa’s IP SAN solutions dramatically reduce the cost … Continue reading “Intransa Secures $7,655,639 New Funding”

MemSQL Obtains $3,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=abb9b3d8-1cc5-4dcd-9c29-9b7bed987ed1&Preview=1 Date 6/18/2012 Company Name MemSQL Mailing Address 380 10th St San Francisco, CA 94103 Company Description MemSQL is a scalable, memory-optimized database that offers orders of magnitude improvements in write and read performance and greatly simplifies application development and maintenance. Website http://www.memsql.com Transaction Type Venture Equity Transaction Amount $3,000,000 Transaction Round … Continue reading “MemSQL Obtains $3,000,000 New Round”

Ooyala Obtains $35,000,000 Series E Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7c72b4a7-0b92-492e-800d-abc3ee45bddf&Preview=1 Date 6/18/2012 Company Name Ooyala Mailing Address 800 W El Camino Real Mountain View, CA 94040 Company Description Ooyala is a technology-driven company dedicated to delivering an interactive, high-quality video experience. The company is also developing content management systems and video ad serving technologies. Website http://www.ooyala.com Transaction Type Venture Equity Transaction … Continue reading “Ooyala Obtains $35,000,000 Series E Financing”

SnapGuide Garners $5,000,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3d5f190c-486a-44ba-875a-acb0a52dbdd4&Preview=1 Date 6/18/2012 Company Name SnapGuide Mailing Address Undisclosed San Francisco, CA 94123 Company Description The company is developing mobile applications that include voice recognition capabilities. Website http://www.snapguide.com Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Series A Proceeds Purposes The company will use the financing to grow its engineering, design … Continue reading “SnapGuide Garners $5,000,000 Series A Round”

Qualcomm Acquires Summit Microelectronics for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=16c9cb7d-ac24-4b8e-880d-74ab04316552&Preview=1 Date 6/18/2012 Company Name Summit Microelectronics Mailing Address 757 N. Mary Avenue Sunnyvale, CA 94085 Company Description Summit Microelectronics is the leader in flexible, multiple-output power management solutions, for the consumer, communications and computing markets, integrating precision power regulation with sophisticated digital control in a single chip. Website http://www.summitmicro.com Transaction Type … Continue reading “Qualcomm Acquires Summit Microelectronics for Undisclosed Sum”

The Collective Acquires Metacafe for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1f34fae9-50b4-4b8d-b197-b050838ebb83&Preview=1 Date 6/18/2012 Company Name Metacafe Mailing Address 537 Hamilton Avenue Palo Alto, CA 94301 Company Description Metacafe is one of the world’s largest online video broadcasters with a global audience of 16 million unique visitors (comScore Media Metrix) watching over 400 million videos each month. Website http://www.metacafe.com Transaction Type M&A Transaction … Continue reading “The Collective Acquires Metacafe for Undisclosed Sum”

Aidin Secures $600,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5aea1b18-9ed4-4f74-a4fc-dc4d59a0ca4f&Preview=1 Date 6/18/2012 Company Name Aidin Mailing Address 36 East 12th Street New York, NY 10003 Company Description Aidin is a startup that helps people find better continuing care after they leave the hospital. Website http://www.myaidin.com Transaction Type Venture Equity Transaction Amount $600,000 Transaction Round Undisclosed Proceeds Purposes The startup will use … Continue reading “Aidin Secures $600,000 New Funding”

Ooyala Receives $35,000,000 Series E Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7c72b4a7-0b92-492e-800d-abc3ee45bddf&Preview=1 Date 6/18/2012 Company Name Ooyala Mailing Address 800 W El Camino Real Mountain View, CA 94040 Company Description Ooyala is a technology-driven company dedicated to delivering an interactive, high-quality video experience. The company is also developing content management systems and video ad serving technologies. Website http://www.ooyala.com Transaction Type Venture Equity Transaction … Continue reading “Ooyala Receives $35,000,000 Series E Financing”

Engage Digital’s Gamification Workshop

Engage Digital’s half-day Gamification Workshop, Thursday, June 28, in San Francisco, CA at the Moscone Center provides a detailed understanding on the use of game design techniques, game thinking and game mechanics to enhance non-game contexts. Typically gamification applies to non-game applications and processes, in order to encourage people to adopt them, or to influence … Continue reading “Engage Digital’s Gamification Workshop”

The Psychology of Transactions and How to Get Alignment on Deals

Certain interpersonal dynamics frequently present themselves in high-stress situations, including business deals, and they often interfere with or impede quality outcomes. More often than not, parties participating in transactions don’t understand and account for these factors when performing their work—they should. Proper facilitation can create alignment on both the buy and sell side of business … Continue reading “The Psychology of Transactions and How to Get Alignment on Deals”

Environmental Sustainability and Profitability are Not Mutually Exclusive

While some business managers think that environmentally sustainable practices will hurt the bottom line, a report completed by MIT Sloan Management Review and the Boston Consulting Group found that 70 percent of surveyed companies have a permanent sustainability plan—and are experiencing financial benefits. Qualcomm’s Gail Welch will discuss Qualcomm’s sustainability initiatives, including lessons learned, and … Continue reading “Environmental Sustainability and Profitability are Not Mutually Exclusive”

San Diego Biotechnology Network: Lilly’s Open Innovation Drug Discovery

The San Diego Biotechnology Network (SDBN) is holding its regular monthly meeting with professional networking and a presentation on Lilly’s Open Innovation Drug Discovery program and the opportunities it offers for biotech professionals in San Diego. The meeting will be held at the Green Flash microbrewery in Mira Mesa and the SDBN is hosting John … Continue reading “San Diego Biotechnology Network: Lilly’s Open Innovation Drug Discovery”

Software Opportunities in the Smart Grid with SDG&E

Modernization of the power grid is taking place on a scale comparable to the development of the Internet, with expenditures on “smart grid” technology projected to be more than $2 trillion over the next 40 years. A new generation of software is needed for such diverse applications as smart meter management and analytics; integration of … Continue reading “Software Opportunities in the Smart Grid with SDG&E”

Academic-Industry Collaboration: Can’t We All Just Get Along?

In the first of three colloquia to be held this summer, San Diego’s Center for Ethics in Science & Technology has organized this forum to explore the real ethical issues in collaborations between academic researchers and industry, and to distinguish between real problems and those that are perceived or only speculative. The session is billed … Continue reading “Academic-Industry Collaboration: Can’t We All Just Get Along?”

Aligning San Diego Innovation with U.S. National Security Priorities

What does information dominance mean to the innovation industry? The commander of the U.S. Navy SPAWAR System Center on Point Loma, Capt. Joseph J. Beel, offers some insights on current national security priorities and how industry can interpret information dominance to provide government solutions. Online registration is here.  

The Future of Malaria: Resistance to Front-Line Drugs

Malaria endangers the health of up to 40 percent of the world’s population and kills up to a million children each year. Elizabeth A. Winzeler, a longtime malaria research scientist now in the Department of Pediatrics at U.C. San Diego School of Medicine, will provide an overview concerning several new chemotypes for the treatment of … Continue reading “The Future of Malaria: Resistance to Front-Line Drugs”

Personalized Medicine World Conference 2013

Dedicated to transforming healthcare via the global adoption of personalized medicine, Personalized Medicine World Conference (PMWC) International holds conferences in the U.S. and abroad, gathering multidisciplinary attendees from the business, government, healthcare-delivery, research and technology arenas. Based in Silicon Valley, the platform emphasizes innovation and industry while fostering collaboration among key stakeholders and catalyzing change by examining … Continue reading “Personalized Medicine World Conference 2013”

XSITE 2012: Accelerating Innovation, Captured on Camera

Don’t fret if you weren’t one of the 500 or so people registered for our XSITE conference yesterday. We’ve pulled together the top 10 quotes and takeaways from the program, and for those who learn by seeing, we’ve got a photo gallery too. Our theme for the day at Babson College was Accelerating Innovation, and … Continue reading “XSITE 2012: Accelerating Innovation, Captured on Camera”

Augment Ventures’ Vijayargiya Feels Bullish About Midwestern Cleantech

Sonali Vijayargiya is back in Michigan after representing Midwestern VCs in the U.S. Department of Energy’s (DOE) National Clean Energy Business Plan Competition, which was held as part of the Obama administration’s Startup America Initiative. She’s the founder and managing director of Augment Ventures, an Ann Arbor, MI-based venture firm that invests in cleantech and IT startups that aim to … Continue reading “Augment Ventures’ Vijayargiya Feels Bullish About Midwestern Cleantech”

Top 10 Quotes from XSITE 2012: Bill Warner, Andy Ory, Phil Libin, & More

Yesterday was our fourth annual XSITE conference, and our biggest to date, with 500+ registered. It was a glorious day out at Babson College. Thanks to our hosts and all of our sponsors for making it happen. We tried to bring together a mix of big companies and small startups, first-time entrepreneurs and public company … Continue reading “Top 10 Quotes from XSITE 2012: Bill Warner, Andy Ory, Phil Libin, & More”

StartupCity Connects Seattle Entrepreneurs, Looks to Keep Growing

In a city the size of Seattle, there’s still some room to spread out. And for startup companies, that can be a problem. As entrepreneurs who move on to bigger cities often lament, there’s just not as much action crackling all around town. In Seattle, you still have to spend a little more time hunting … Continue reading “StartupCity Connects Seattle Entrepreneurs, Looks to Keep Growing”

Startup Exits: Deal-Making in Social Commerce

The world of online retail, flash sales, and social shopping is red-hot, offering entrepreneurs in the space multiple opportunities for partnerships and deal-making. What companies are making acquisitions and what startups are likely to get acquired? How can social commerce startups use M&A and strategic partnering to drive growth? These are among the questions that will … Continue reading “Startup Exits: Deal-Making in Social Commerce”

Financial Modeling for Startups

General Assembly presents an afternoon workshop for entrepreneurs who want to learn about financial modeling. The session will focus on examining a simple business and learning how to craft its story, identify its business levers, and create simple funding projections. Instructor Mo Lam is the founder and CEO of TwoChop, a content gamification platform. Register here.

Smash Summit

500 Startups and NextCustomer present a day-long conference on how to “hack and dominate” customer acquisition. Speakers include Chris Ackerman of Facebook, Fred Wilson of Union Square Ventures, and Dan Porter of OMGPOP. Among the topics to be covered: e-mail optimization, ad exchanges, customer service, search engine optimization, and analytics. Register here.

Mail.ru’s Dmitry Grishin Launches Fund in New York for Robotics

When the head of one of Russia’s largest Internet companies starts investing in technology, the impact can be felt across continents. Today Dmitry Grishin, CEO and chairman of Mail.ru, announced the launch of Grishin Robotics, a New York-based investment fund focused on backing next generation technology in robotics. With Mail.ru—a popular Russian portal for e-mail, … Continue reading “Mail.ru’s Dmitry Grishin Launches Fund in New York for Robotics”

SD Biotech Roundup: Life Technologies, KFx Medical, Shire, & More

From dollops of cash to big project announcements, here is our roundup of San Diego life sciences news for the past week. —Waltham,MA-based Alere (NYSE: [[ticker:ALR]]) recalled an additional 650,000 Triage cardiology screening tests after a FDA inspection of the company’s San Diego facility raised concerns about quality control. Alere recalled more than 803,000 tests … Continue reading “SD Biotech Roundup: Life Technologies, KFx Medical, Shire, & More”

Can Your Friends Bribe You to Get Healthy? Neuroscience Says Yes

HealthRally is a company that Paul McCartney would understand well. It’s all about getting a little help from your friends. A little help making health-related changes, that is—like quitting smoking, losing weight, or adhering to an exercise program. There’s plenty of science to suggest that these goals are easier to achieve when a person has … Continue reading “Can Your Friends Bribe You to Get Healthy? Neuroscience Says Yes”

Seventh Sense, Polaris, & More Boston Life Sciences Newsmakers

This week we saw innovation initiatives and new funding for both established life sciences companies and startups in New England. —-Seventh Sense Biosystems, a Cambridge, MA-based startup developing a so-called painless system for sampling blood, pulled in the first tranche of a $10 million Series A round from Flagship Ventures and Polaris Venture Partners. The … Continue reading “Seventh Sense, Polaris, & More Boston Life Sciences Newsmakers”

NovaTract Surgical Obtains $3,199,537 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dd733205-1c35-436c-b01d-1e9ba7bec667&Preview=1 Date 6/15/2012 Company Name NovaTract Surgical Mailing Address 401 Winchester Ave 5 Science Park Third Floor New Haven, CT 06511 Company Description The company is developing new innovative medical devices to address the growing field of Single-Port Laparoscopic Surgery and Natural Orifice Transluminal Ambos Coptic Surgery (NOTES). Website http://www.novatract.com Transaction Type … Continue reading “NovaTract Surgical Obtains $3,199,537 New Round”

Regaalo Obtains $125,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e0f0c55a-2347-46f7-9686-26b88c20e2a6&Preview=1 Date 6/15/2012 Company Name Regaalo Mailing Address 75 Rochester Avenue Portsmouth, NH 03801 Company Description Regaalo makes gift giving easy for families with students away from home. Family members can review and select gifts from local merchants near the student’s school. The rating system and student preferences help ensure family members … Continue reading “Regaalo Obtains $125,000 Seed Financing”

eIQnetworks Garners $750,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c9a6d451-8c42-4739-8dbb-56fe9d45aa35&Preview=1 Date 6/15/2012 Company Name eIQnetworks Mailing Address 31 Nagog Park Acton, MA 01720 Company Description By combining enterprise security management (ESM) with IT governance, risk and compliance (GRC) onto a single platform, eIQnetworks enables Global 2000 enterprises, government agencies and managed security service providers (MSSPs) to drive efficiency and reduce complexity … Continue reading “eIQnetworks Garners $750,000 New Round”

Vista Equity Partners Acquires Bullhorn for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1fad7535-41cd-499e-9d3b-c30892cf3fb5&Preview=1 Date 6/15/2012 Company Name Bullhorn Mailing Address 33-41 Farnsworth Street 5th Floor Boston, MA 02210 Company Description Bullhorn is the global leader in On Demand, integrated front office software for the staffing and recruiting industry. Website http://www.bullhorn.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms … Continue reading “Vista Equity Partners Acquires Bullhorn for Undisclosed Sum”

VLST Obtains $5,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e0b46fcf-55b1-40fd-87b8-43691d76b0c7&Preview=1 Date 6/15/2012 Company Name VLST Mailing Address 307 Westlake Avenue North Seattle, WA 98109 Company Description VLST Corporation is a privately held biotechnology company that has developed a novel and streamlined approach to speed the development of effective therapeutics for the treatment of inflammatory and autoimmune diseases. Website http://www.vlstcorp.com Transaction Type … Continue reading “VLST Obtains $5,000,000 New Funding”