PeerJ Obtains $950,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=993ee6be-0e34-4c17-8ac1-e0dd48169fab&Preview=1 Date 6/13/2012 Company Name PeerJ Mailing Address Undisclosed San Francisco, CA 94105 Company Description PeerJ provides academics with two Open Access publication venues: PeerJ (a peer-reviewed academic journal) and PeerJ PrePrints (a ‘pre-print server’). Both are focused on the Biological and Medical Sciences, and together they provide an integrated solution for … Continue reading “PeerJ Obtains $950,000 New Funding”

Mancx Lands $1,650,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80939303-0ddf-4f79-8a3e-ec8ce2289dd7&Preview=1 Date 6/13/2012 Company Name Mancx Mailing Address 181 Fremont Street San Francisco, CA 94105 Company Description Imagine having all the answers you need right at your doorstep! Until now there hasn’t been a single place where people can meet and share valuable information. You’ve tried the different options like forums, blogs, … Continue reading “Mancx Lands $1,650,000 New Round”

Biomedica Management Garners $11,865,051 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0f346177-6b32-4a37-976c-6ba9677abcfa&Preview=1 Date 6/13/2012 Company Name Biomedica Management Mailing Address 760 Parkside Avenue Brooklyn, NY 11226 Company Description Researches and develops treatment for liver inflammation and coagulation. Website http://www.biomedic.net Transaction Type Venture Equity Transaction Amount $11,865,051 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor … Continue reading “Biomedica Management Garners $11,865,051 New Funding”

Constant Contact Acquires SinglePlatform for $100,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3eb0cf7e-9c3d-41b9-9330-d9e7d785caed&Preview=1 Date 6/13/2012 Company Name SinglePlatform Mailing Address Undisclosed New York, NY 10001 Company Description SinglePlatform provides rich restaurant content to our Publisher Network, so that customers now have up-to-date menus, photos, and specials. Website http://www.singleplatform.com Transaction Type M&A Transaction Amount $100,000,000 Transaction Round Proceeds Purposes M&A Terms The acquisition price $65 … Continue reading “Constant Contact Acquires SinglePlatform for $100,000,000”

Citrix Systems Acquires Bytemobile for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=274e0a82-bf1f-4a15-93e0-11ef83f2f67a&Preview=1 Date 6/13/2012 Company Name Bytemobile Mailing Address 2860 De La Cruz Blvd. 2nd Floor Santa Clara, CA 95050 Company Description Bytemobile was created to solve a real problem — high-bandwidth data applications on low-bandwidth voice networks — and to fulfill a real promise: the perpetual value of improving the mobile user … Continue reading “Citrix Systems Acquires Bytemobile for Undisclosed Sum”

MicroTransponder Lands $1,266,992 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=96b75b80-062a-4fea-80b5-180f88ffcaa1&Preview=1 Date 6/13/2012 Company Name MicroTransponder Mailing Address 2802 Flintrock Trace Austin, TX 78738 Company Description MicroTransponder Inc. is a medical device development company with a strong neuroscience research focus. Our core technology is based on a previous technology developed in the DARPA Revolutionizing Prosthetics program by Dr. Larry Cauller at the … Continue reading “MicroTransponder Lands $1,266,992 Series B Funding Round”

Dental Implant Startup Wins Top Prize at UCSD Entrepreneur Challenge

Nasseo, a medical device startup with new technology for dental and orthopedic implants, won the sixth annual UC San Diego Entrepreneur Challenge, a competition for seed-stage startups. The challenge has been drawing broader interest among students and young scientists training in labs throughout Torrey Pines Mesa, where many of San Diego’s elite biomedical research institutes … Continue reading “Dental Implant Startup Wins Top Prize at UCSD Entrepreneur Challenge”

Metabolic Solutions Announces New Findings in Diabetes Treatment

Kalamazoo, MI-based Metabolic Solutions Development Company, a company formed to develop drugs and discover new molecular targets in the treatment of insulin resistance, spent the weekend in Philadephia for the American Diabetes Association conference. While there, company officials presented findings about a newly discovered protein complex through which anti-diabetic drugs exert their insulin-sensitizing effects, says Metabolic Solutions … Continue reading “Metabolic Solutions Announces New Findings in Diabetes Treatment”

Igenica Pulls in $33M to Fight Cancer With Antibodies

Targeted antibody drugs are in the news on an almost daily basis, and Burlingame, CA-based Igenica is benefiting from the surge of progress. The startup antibody drug developer said today it has raised $33 million in a Series C venture financing. New investor Third Rock Ventures led the round, which included existing investors The Column … Continue reading “Igenica Pulls in $33M to Fight Cancer With Antibodies”

Here Are the 10 XSITE Xpo Startups: See You Thursday

Here at Xconomy, we are going a little startup crazy. That’s because this Thursday, June 14, we will play host to one of the region’s largest gatherings of startups and entrepreneurs at XSITE 2012, our annual Xconomy Summit on Innovation, Technology, and Entrepreneurship conference at Babson College, co-hosted by Olin College. It won’t be exclusively … Continue reading “Here Are the 10 XSITE Xpo Startups: See You Thursday”

Hamburgers, Coffee, Guitars, and Cars: A Report from Lemnos Labs

Maybe your fallback plan in case your Silicon Valley startup goes bust was flipping burgers at McDonald’s? Well, you might want to rethink that. Even this classic refuge for low-skilled workers is about to be taken over by robots, if Momentum Machines has its way. Momentum is one of four startups emerging this summer from … Continue reading “Hamburgers, Coffee, Guitars, and Cars: A Report from Lemnos Labs”

Wifarer’s Smartphone App Makes Sense of the Great Indoors

The inspiration behind Wifarer, an indoor positioning technology company, came to CEO and co-founder Philip Stanger during a visit to the National Portrait Gallery in London in 2005. As he followed one docent around the museum, he realized that a nearby tour had a better one. “I started following the other one, who was contextualizing … Continue reading “Wifarer’s Smartphone App Makes Sense of the Great Indoors”

Qualcomm Offers Cash Prizes for Mobile Apps at Uplinq Hackathon

The X Prize Foundation likes to say its first $10 million prize (for successfully demonstrating a private rocket can reach space) has multiplied 100-fold, resulting in a $1 billion private space industry—not to mention the benefits of worldwide media coverage in 2004, when SpaceShipOne claimed the prize. In recent years, it’s become increasingly clear that … Continue reading “Qualcomm Offers Cash Prizes for Mobile Apps at Uplinq Hackathon”

Acucela, Turning 10, Gears Up for Pivotal Test With Eye Drug

Any one of a thousand little decisions can trip up an experimental drug on its long journey to the marketplace. Now, after 10 years in business, Seattle-based Acucela will be making a lot of important decisions that will determine whether it someday sells a drug that could help many people from going blind. Acucela, along … Continue reading “Acucela, Turning 10, Gears Up for Pivotal Test With Eye Drug”

JOBS Act: Important Benefits for Startups Not on the IPO On-Ramp

The JOBS Act is probably best-known for creating an “IPO on ramp” intended to reduce the cost and complexity of going public, but the act also contains important benefits for startups that are years away from an IPO, or never plan to go public. By loosening decades-old restrictions on private fundraising, permitting a new financing … Continue reading “JOBS Act: Important Benefits for Startups Not on the IPO On-Ramp”

Moda Operandi Founder, HBS Alum Talks Fashion Curation, Data, and Fit

Moda Operandi, the New York-based startup that allows shoppers to pre-order pieces from luxury runway collections, announced a $36 million Series C round late last week. That’s from a company that had only launched its shopping service a little over a year ago. The round was led by new investor RRE Ventures, and included return … Continue reading “Moda Operandi Founder, HBS Alum Talks Fashion Curation, Data, and Fit”

GITR Secures $1,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=57775cab-b1d5-4a63-be69-9e9d7fcb2ed6&Preview=1 Date 6/12/2012 Company Name GITR Mailing Address 55 Cambridge Parkway Cambridge, MA 02142 Company Description The company is developing novel approaches to immunomodulatory responses to cancer. Website Undisclosed Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture … Continue reading “GITR Secures $1,000,000 New Funding Round”

Arctic Sand Technologies Garners $6,600,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a668aeec-6426-4311-a699-dfd91306e316&Preview=1 Date 6/12/2012 Company Name Arctic Sand Technologies Mailing Address 109 Fayerweather Street Cambridge, MA 02136 Company Description Arctic Sand is an MIT spinoff which is commercializing a power conversion technology for multiple mass markets that consolidates several board-level power components onto one chip. The technology boasts a tenfold reduction in circuit … Continue reading “Arctic Sand Technologies Garners $6,600,000 New Funding”

Roadtrippers Lands $250,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7d680c99-fc7b-4bde-b13c-526d486041ff&Preview=1 Date 6/12/2012 Company Name Roadtrippers Mailing Address Undisclosed Cincinnati, OH 45201 Company Description The first complete road travel planner. Roadtrippers goes beyond basic driving directions and inspires people on where to go and what to do along the way. Website http://www.roadtrippers.com Transaction Type Venture Equity Transaction Amount $250,000 Transaction Round Undisclosed … Continue reading “Roadtrippers Lands $250,000 New Round”

Lemon Obtains $8,000,000 Series A Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c6f8ea37-6504-4552-9a9f-50a9b5a5b802&Preview=1 Date 6/12/2012 Company Name Lemon Mailing Address Undisclosed Palo Alto, CA 94031 Company Description With Lemon, you can organize all of your receipts, paper and digital, and squeeze out the useful information from them. Website http://www.lemon.com Transaction Type Venture Equity Transaction Amount $8,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes … Continue reading “Lemon Obtains $8,000,000 Series A Financing Round”

Hipmunk Lands $15,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fe057c1b-d4dc-40ba-9d47-7f808bf7dca6&Preview=1 Date 6/12/2012 Company Name Hipmunk Mailing Address 75 Sharon Street San Francisco, CA 94114 Company Description The company operates an online travel website. Website http://www.hipmunk.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round Series B Proceeds Purposes The company will use the financing to hire additional engineers, and for business … Continue reading “Hipmunk Lands $15,000,000 Series B Funding”

Igenica Garners $33,000,000 Series C Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=218ffdfd-975b-4337-8cd2-87511125dc70&Preview=1 Date 6/12/2012 Company Name Igenica Mailing Address 863 Mitten Road Burlingame, CA 94010 Company Description Igenica is a biopharmaceutical company dedicated to the discovery and development of breakthrough antibody-based therapeutics for the treatment of cancer. Website http://www.igenica.com Transaction Type Venture Equity Transaction Amount $33,000,000 Transaction Round Series C Proceeds Purposes Proceeds … Continue reading “Igenica Garners $33,000,000 Series C Financing Round”

CellScope Secures $1,000,000 Seed Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3ec3c22f-8cde-40da-b8d8-dac1fe4938e3&Preview=1 Date 6/12/2012 Company Name CellScope Mailing Address Undisclosed San Francisco, CA 94123 Company Description CellScope is mobile-health startup building systems for at-home diagnosis and a recent graduate of Rock Health’s first class of startups. Using smartphone cameras connected to a web platform, Cellscope is creating the digital first aid kit. Website … Continue reading “CellScope Secures $1,000,000 Seed Funding”

Memory Lane Acquires SchoolFeed for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5f5ffd8a-a6c7-422f-af0a-c14ad6660e7d&Preview=1 Date 6/12/2012 Company Name SchoolFeed Mailing Address Undisclosed San Mateo, CA 94402 Company Description SchoolFeed is a FREE classmates network which connects with Facebook. Website http://www.your.schoolfeed.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed by the parties.

Yext Obtains $27,000,000 Series E Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cd174317-a851-46c4-9017-1fd43e674812&Preview=1 Date 6/12/2012 Company Name Yext Mailing Address 75 9th Ave, 8th Fl New York, NY 10011 Company Description Yext is the Next Yellow Pages, offering superior local services for advertisers, publishers and users. We help local businesses get found, maximize yield for our publishing partners, and answer local searches for internet … Continue reading “Yext Obtains $27,000,000 Series E Funding”

C8 Sciences Obtains $320,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=27185722-32d4-4a34-b391-ca7ac4d2d729&Preview=1 Date 6/12/2012 Company Name C8 Sciences Mailing Address 5 Science Park New Haven, CT 06154 Company Description C8 Sciences intends to market neuroscience-based, web-delivered brain development programs that are integrated with physical exercise. Website http://www.c8sciences.com Transaction Type Venture Equity Transaction Amount $320,000 Transaction Round Undisclosed Proceeds Purposes C8 Sciences said it … Continue reading “C8 Sciences Obtains $320,000 New Financing Round”

Savara Pharmaceuticals Obtains $8,600,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4d98f1c4-24ce-4c95-9c6a-809cc8a271f1&Preview=1 Date 6/12/2012 Company Name Savara Pharmaceuticals Mailing Address 5900 Shepherd Mountain Cove Austin, TX 78730 Company Description Savara is a pharmaceutical company developing novel respiratory therapeutics utilizing our proprietary NanoCluster dry powder aerosol drug delivery platform.The aerosols are assembled directly from nanoparticles of an existing therapeutic and delivered via oral pulmonary … Continue reading “Savara Pharmaceuticals Obtains $8,600,000 Series B Funding”

Fundraising Notes: Xenon Arc, Concurix, Red Loop

Xenon Arc, a semi-stealthy provider of software services for materials manufacturers, has filled out its Series A fundraising to a total of $22 million, CEO Chad Steigers says. The Bellevue, WA-based company had previously reported a $15 million commitment from private equity firm Weston Presidio. Steigers says new cash came in the form of options that … Continue reading “Fundraising Notes: Xenon Arc, Concurix, Red Loop”

Lemonade Day Detroit Teaches Kids Entrepreneurship

Ellisa Hill, age 9, dreams of being a doctor and is a big fan of Judy Blume books. She’s also interested in being an entrepreneur, which is why she was manning a booth in Eastern Market and selling lemonade along with her brother, William, and her parents, Jill and Bill. Ellisa was one of thousands … Continue reading “Lemonade Day Detroit Teaches Kids Entrepreneurship”

Shire Unveils Plan for SD Campus, Regenerative Medicine Expansion

Shire (NASDAQ: [[ticker:SHPGY]]), the Irish drug giant that acquired San Diego’s Advanced BioHealing a year ago, says today it has been working with San Diego-based BioMed Realty Trust to develop a corporate campus in San Diego as part of a substantial expansion of its regenerative medicine business. The move is expected to generate “several hundred … Continue reading “Shire Unveils Plan for SD Campus, Regenerative Medicine Expansion”

DramaFever Digs Up $1.5M More to Distribute Global TV Shows

New York’s DramaFever announced today it raised another $1.5 million with backing from AMC Networks, NALA Investments, Bertelsmann Digital Media, and others. This is in addition to the $4.5 million the Internet TV startup raised in March in a round led by MK Capital. Seung Bak, a co-founder of DramaFever, says the latest funding helped … Continue reading “DramaFever Digs Up $1.5M More to Distribute Global TV Shows”

From Jeopardy to Fighting Cancer—IBM’s Watson at XSITE on Thursday

It was a much-publicized human vs. computer challenge match—and it wasn’t good for the humans early last year, when the IBM supercomputer Watson handily beat two of Jeopardy’s top human contestants ever to win a $1 million prize. But while Big Blue donated its winnings to charity, the intended benefits of Watson, of course, came … Continue reading “From Jeopardy to Fighting Cancer—IBM’s Watson at XSITE on Thursday”

Startup Roundtable 14: Mastering the Kickstarter Game

Since its 2009 launch, more than 1.25 million people have pledged $130 million to projects pitched on Kickstarter. This panel discussion, sponsored by New York Entrepreneurs Business Network, will feature entrepreneurs who have found startup capital on Kickstarter. Panelists include Bill May of The Limb.al and Stephan Loble of Pants By Bluff Works. Register here.

Consumer Electronics Week

The Consumer Electronics Association presents this weeklong series of conferences, exhibits, and networking opportunities. Planned events include “Developer University,” “6Sight Future of Imaging Conference,” and “Techlicious Mom Blogger Show Tour.” Register here.

Ready or Not, Genomics is Coming to a Hospital Near You

First came genomics for scientists. Then came genomics for Big Pharma. But this year, at a faster pace than many industry insiders anticipated, we’re seeing genomics enter the world of real-life care for patients. This idea would have sounded like science fiction a couple years ago. It took researchers 13 years and about $3 billion … Continue reading “Ready or Not, Genomics is Coming to a Hospital Near You”

Blaze Bioscience Garners $5,000,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c84f48c9-eaaa-4fa8-8f71-0f97d2494e0d&Preview=1 Date 6/11/2012 Company Name Blaze Bioscience Mailing Address P.O. Box 61323 Seattle, WA 98141 Company Description For years, surgeons have been searching for better intraoperative tools to more effectively treat cancer. When removing tumors, the ability to precisely identify them is of paramount importance. If too little tissue is removed, cancer … Continue reading “Blaze Bioscience Garners $5,000,000 Series A Funding”

Open Kernel Labs Receives $446,310 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9afb4e6b-6911-42f1-93c8-e3aa380d6076&Preview=1 Date 6/11/2012 Company Name Open Kernel Labs Mailing Address 200 South Wacker Drive 15th Floor Chicago, IL 60606 Company Description OK’s open-source microkernel operating system, OKL4, offers the highest proven performance plus IP rights protection in order to provide developers with a robust, open-source platform for building secure, differentiated embedded applications. … Continue reading “Open Kernel Labs Receives $446,310 New Round”

SonarMed Secures $585,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c531f712-18cb-4da3-b598-f6502d2ba32e&Preview=1 Date 6/11/2012 Company Name SonarMed Mailing Address 5513 West 74th Street Indianapolis, IN 46268 Company Description SonarMed develops innovative products for critical care medicine. The company’s products will improve the clinical care of patients and reduce healthcare costs. Website http://www.sonarmed.com Transaction Type Debt Transaction Amount $585,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “SonarMed Secures $585,000 New Funding Round”

Cloud Cruiser Obtains $6,070,658 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4675954b-eb8b-41c8-a51b-2ff7772b5b32&Preview=1 Date 6/11/2012 Company Name Cloud Cruiser Mailing Address 2999 Douglas Boulevard Roseville, CA 95661 Company Description Cloud Cruiser is a cloud computing software company focused on eliminating the growing pain experienced with public and private cloud computing. Website http://www.cloudcruiser.com Transaction Type Venture Equity Transaction Amount $6,070,658 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Cloud Cruiser Obtains $6,070,658 New Funding”

Gigya Receives $15,300,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0bf0887d-2114-4b67-826d-32f9a01e4615&Preview=1 Date 6/11/2012 Company Name Gigya Mailing Address 1975 Landings Dr. Mountain View, CA 94043 Company Description Gigya is a social marketing solutions company delivering scale and results to publishers and advertisers. Gigya’s infrastructure connects brand advertisers, content publishers and an enormous audience of active social media users. Website http://www.gigya.com Transaction Type … Continue reading “Gigya Receives $15,300,000 New Funding Round”

Sorbent Therapeutics Secures $6,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=19db2039-a9c7-4e3c-bcf0-63bc608aedce&Preview=1 Date 6/11/2012 Company Name Sorbent Therapeutics Mailing Address 710 Lakeway Drive Sunnyvale, CA 94085 Company Description Sorbent Therapeutics is a biopharmaceutical company focused on the development of adaptable non-absorbed polymeric drugs to satisfy unmet clinical needs in large markets such as End Stage Renal Disease (ESRD), Congestive Heart Failure (CHF), Chronic … Continue reading “Sorbent Therapeutics Secures $6,000,000 New Funding Round”

GEO Semiconductor Obtains $3,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=482123ae-e224-427b-a1d0-a4d21de8a57d&Preview=1 Date 6/11/2012 Company Name GEO Semiconductor Mailing Address 2350 Mission College Blvd Santa Clara, CA 95054 Company Description Geo Semiconductor Inc. has acquired the assets related to two unique pixel processing platform technologies and the associated IC businesses from Silicon Optix. Both the Realta and GEO IC’s are in production. The … Continue reading “GEO Semiconductor Obtains $3,000,000 New Financing Round”

AliveCor Receives $10,500,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=62f6cc76-e210-4af5-9383-a9c62aa72422&Preview=1 Date 6/11/2012 Company Name AliveCor Mailing Address Undisclosed San Francisco, CA 94121 Company Description AliveCor Inc. develops and sells a wireless heart monitoring ECG device for the Apple iPhone. Website http://www.alivecor.com Transaction Type Venture Equity Transaction Amount $10,500,000 Transaction Round Series B Proceeds Purposes AliveCor will use the funding to launch … Continue reading “AliveCor Receives $10,500,000 Series B Financing”

Mom Trusted Garners $1,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=abd8891d-442a-4679-846b-b3deb04fbe23&Preview=1 Date 6/11/2012 Company Name Mom Trusted Mailing Address Undisclosed Menlo Park, CA 94025 Company Description Mom Trusted is the best free way for parents to find early education and care providers. Website http://www.momtrusted.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “Mom Trusted Garners $1,000,000 New Financing”

ABB Acquires Tropos Networks for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4b2c4b1a-d74e-486e-abf1-21adeb7bec2e&Preview=1 Date 6/11/2012 Company Name Tropos Networks Mailing Address 555 Del Rey Avenue Sunnyvale, CA 94085 Company Description Tropos Networks, Inc. is a leading supplier of systems used to build metro-scale Wi-Fi networks. Tropos’ products enable network operators, service providers and government departments to provide ubiquitous, metro-scale, broadband, wireless data coverage for … Continue reading “ABB Acquires Tropos Networks for Undisclosed Sum”

Moda Operandi Lands $36,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=48a7a614-597a-42c8-b723-9a98ebb00c2e&Preview=1 Date 6/11/2012 Company Name Moda Operandi Mailing Address 33 West 19th Street New York, NY 10001 Company Description Moda Operandi is the first online luxury fashion retailer to allow members to pre-order tomorrow’s styles today. Working closely with the world’s top designers such as Marc Jacobs, Isabel Marant, Proenza Schouler, Vera … Continue reading “Moda Operandi Lands $36,000,000 New Round”

DramaFever Secures $1,500,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=463c32dc-2792-4727-8868-ba4b29fa321d&Preview=1 Date 6/11/2012 Company Name DramaFever Mailing Address 252 W. 38Th Street New York, NY 10018 Company Description We created DramaFever to give you a better way to find and enjoy the best TV and movies from around the world, and create a community we hope you enjoy being a part of. … Continue reading “DramaFever Secures $1,500,000 Series B Funding Round”

FDA Clears New Genentech Breast Cancer Drug, in Combo With Herceptin

The FDA gave Genentech the news it was hoping for late today, by giving the South San Francisco-based biotech company clearance to start selling a new drug for about one-fourth of women with breast cancer. Genentech, a unit of Switzerland-based Roche, said today it received approval from the FDA to start marketing pertuzumab (Perjeta) as a … Continue reading “FDA Clears New Genentech Breast Cancer Drug, in Combo With Herceptin”

Ford’s Sustainability Roadmap: From EVs to a Future Beyond Cars

When Dan Kapp, Ford’s director of power-train research and advanced engineering, came through San Diego a week or so before Christmas, he told me the first all-electric Focus cars would arrive here in time for Valentine’s Day. Yesterday, the Focus EV road show came through town again as part of a promotional tour ahead of … Continue reading “Ford’s Sustainability Roadmap: From EVs to a Future Beyond Cars”

Ministry of Supply Puts MIT Engineering Cred Into Dress Shirts

There’s a startup in town that’s turning to Kickstarter—the crowdsourced funding platform—to support its newest product. The team is made up of MIT product designers, engineers, and MBAs, and has tested its technology in MIT labs, even incorporating a coating developed by NASA into its newest product So what is that product, you ask? Men’s … Continue reading “Ministry of Supply Puts MIT Engineering Cred Into Dress Shirts”