Detroit Xconomist Ann Marie Sastry, founder and CEO of the advanced battery startup Sakti3, has announced that she is stepping down from her post at the University of Michigan, where she has served as the Arthur F. Thurnau Professor of Mechanical Engineering, Biomedical Engineering, and Materials Science and Engineering. Sastry will be honored at a … Continue reading “Sakti3 Founder Sastry to Step Down From U-M”
Nabeel Hyatt and Mok Oh to Talk Consumer Tech at XSITE 2012
Five words: Nabeel Hyatt and Mok Oh. Five questions: What’s hot in consumer tech? What comes after the lean startup model? How does Nabeel like the VC life? How does Mok like Silicon Valley compared to Boston? What else should we talk about? So many questions, so little time. I’ll be moderating a chat with … Continue reading “Nabeel Hyatt and Mok Oh to Talk Consumer Tech at XSITE 2012”
Fred Hutch Spinoff Blaze Bioscience Pulls in $5M For ‘Tumor Paint’
Surgeons in the business of cutting out tumors have to wonder whether they are getting rid of the whole malignancy, or whether some of the cancer is being left behind to relapse someday. Now a Seattle-based biotech startup, Blaze Bioscience, has raised some significant money to develop technology that helps doctors see during surgery, in … Continue reading “Fred Hutch Spinoff Blaze Bioscience Pulls in $5M For ‘Tumor Paint’”
Q&A: Group Commerce Plans Hires, European Growth with $21M Funding
Years ago it might have seemed strange to see publishers and media companies getting into e-commerce, but New York-based Group Commerce is helping them do just that these days. Working with players such as The New York Times, Thrillist, and DailyCandy, Group Commerce offers content publishers a platform to bring in more cash with deals … Continue reading “Q&A: Group Commerce Plans Hires, European Growth with $21M Funding”
The TV Revolution Will Be in Slow-Mo, Says Flingo CEO
Henry Blodget, the CEO and editor-in-chief of Business Insider, argued in a column this week that the television industry could suffer a sudden revenue collapse as consumers shift their TV viewing to on-demand, Internet-mediated services like Netflix and iTunes. Blodget thinks network and cable executives are in denial about the danger—just as newspaper publishers were … Continue reading “The TV Revolution Will Be in Slow-Mo, Says Flingo CEO”
Rhythm, Ariad, PerkinElmer, & More Boston Life Sciences Newsmakers
Funding, clinical updates, and a new innovation center made up this week’s New England life sciences news. —In his recent BioBeat column, Xconomy national biotech editor Luke Timmerman explored reasons why biotech startups might change their names. One of the recent examples was Cambridge, MA-based Aveo Oncology (NASDAQ: [[ticker:AVEO]]), which changed its name from Aveo … Continue reading “Rhythm, Ariad, PerkinElmer, & More Boston Life Sciences Newsmakers”
Autodesk Acquires Vela Systems for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=de121ed2-e294-44da-b7b4-b03d63d703cc&Preview=1 Date 6/8/2012 Company Name Vela Systems Mailing Address 164 Middlesex Turnpike Burlington, MA 01803 Company Description Through a unique combination of technical capabilities and deep industry knowledge, Vela Systems empowers the AEC industry with mobile technologies, streamlining field administration processes in construction, capital projects and capital equipment. Vela Systems replaces paper … Continue reading “Autodesk Acquires Vela Systems for Undisclosed Sum”
Tango Card Garners $1,800,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=50841732-87a1-4d84-8782-0254ffa0050f&Preview=1 Date 6/8/2012 Company Name Tango Card Mailing Address 601 Union Street Seattle, WA 98101 Company Description Tango Card is the perfect way to give the right gift card every time. You can redeem it for gift cards from premier stores and donate any balance to one of our non-profit partners. And … Continue reading “Tango Card Garners $1,800,000 New Financing”
Gumhouse Receives $6,249,988 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=552b1e7a-bebb-4226-a8ad-6d25da47d113&Preview=1 Date 6/8/2012 Company Name Gumhouse Mailing Address 1410 2nd Street Santa Monica, CA 90401 Company Description According to the Gumhouse.com website, the service is described as a “social stream video shopping network,” which uses Facebook to personalize your shopping experience. After a little digging, it appears the service has already soft … Continue reading “Gumhouse Receives $6,249,988 New Financing Round”
Flutter Obtains $1,400,000 Seed Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f8186491-bf37-4a47-9f3e-6ae73fa3d570&Preview=1 Date 6/8/2012 Company Name Flutter Mailing Address Undisclosed Palo Alto, CA 94301 Company Description We hated using the keyboard and mouse for controlling music in the background or watching movies on our computers from a few feet away. So we decided to solve this problem by using hand gestures to control … Continue reading “Flutter Obtains $1,400,000 Seed Round”
Credit Sesame Garners $12,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9f1cc0e5-779d-4794-b0aa-6e33e13165e4&Preview=1 Date 6/8/2012 Company Name Credit Sesame Mailing Address 440 N. Wolfe Rd. Sunnyvale, CA 94085 Company Description The company operates a free online service that lets users monitor their debt and credit information in addition to the lending market. Website http://www.creditsesame.com Transaction Type Venture Equity Transaction Amount $12,000,000 Transaction Round Series … Continue reading “Credit Sesame Garners $12,000,000 Series C Funding Round”
Ringadoc Secures $750,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ce059e34-6daa-430b-b551-dc10a6c261e1&Preview=1 Date 6/8/2012 Company Name Ringadoc Mailing Address 420 Taylor Street San Francisco, CA 94102 Company Description Ringadoc gives you direct access to doctors. We cut away all the barriers between you and the care you need, bringing immediate care straight to your nearest phone. During your call, the doctor you speak … Continue reading “Ringadoc Secures $750,000 Seed Funding”
Unified Lands $14,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d4912874-7fad-40c3-ba00-1f5e15dbab37&Preview=1 Date 6/8/2012 Company Name Unified Mailing Address 274 Madison Ave New YOrk, NY 10016 Company Description Unified is the enterprise marketing technology company for top global brands and agencies to activate social audiences and impact consumer actions. Website http://www.unifiedsocial.com Transaction Type Debt, Venture Equity Transaction Amount $14,000,000 Transaction Round Undisclosed Proceeds … Continue reading “Unified Lands $14,000,000 New Funding Round”
Unified Garners $14,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d4912874-7fad-40c3-ba00-1f5e15dbab37&Preview=1 Date 6/8/2012 Company Name Unified Mailing Address 274 Madison Ave New YOrk, NY 10016 Company Description Unified is the enterprise marketing technology company for top global brands and agencies to activate social audiences and impact consumer actions. Website http://www.unifiedsocial.com Transaction Type Debt, Venture Equity Transaction Amount $14,000,000 Transaction Round Undisclosed Proceeds … Continue reading “Unified Garners $14,000,000 New Financing”
Coridea Secures $5,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=93936215-a58c-4ec2-94bf-8265a604f6c8&Preview=1 Date 6/8/2012 Company Name Coridea Mailing Address 134 W. 26th St New York, NY 10001 Company Description CORIDEA is an idea generator, technology incubator and consulting firm that applies established technologies to new targets in the cardio-renal and cardio-pulmonary fields. Website http://www.coridea.com Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round … Continue reading “Coridea Secures $5,000,000 New Financing Round”
Creative Market Receives $1,300,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4b584c2f-8533-4157-a6d7-e7cee7cc0276&Preview=1 Date 6/8/2012 Company Name Creative Market Mailing Address Undisclosed New York, NY 10023 Company Description A new kind of marketplace for handcrafted, mousemade design content powered by a global community of creative people. Website http://www.creativemarket.com Transaction Type Venture Equity Transaction Amount $1,300,000 Transaction Round Series B Proceeds Purposes Proceeds purposes were … Continue reading “Creative Market Receives $1,300,000 Series B Financing”
AT&T Exec: No `Jihad’ Between Carriers & Over-the-Top Apps
Among startups and app developers, it’s pretty close to gospel that major wireless carriers are slow to adapt and hard to work with. One high-ranking AT&T executive says that’s changing, even if the pace may seem slow from the outside. “We know what’s going on. We embrace what’s going on,” says Abhi Ingle, AT&T’s vice … Continue reading “AT&T Exec: No `Jihad’ Between Carriers & Over-the-Top Apps”
Six Startups Pack their Bags for Turner’s Media Camp
A few days ago I wrote about Media Camp, a new San Francisco-based startup accelerator sponsored by Turner Broadcasting, and said there’d be news soon about the first class of startups admitted to the program. Well, there’s news. Turner unveiled the names of the six startups in an announcement today. The companies, some of which … Continue reading “Six Startups Pack their Bags for Turner’s Media Camp”
Thoughts on Civic Pride, German Journalists, and Serendipity in Detroit
I’ve had the pleasure of spending some time lately with Lu Yen Roloff, a German journalist visiting Detroit, gathering information for radio and magazine pieces about the state of social entrepreneurship in our city. If nothing else, she learned something about the social serendipity that seems to hide in every corner of Detroit, waiting to … Continue reading “Thoughts on Civic Pride, German Journalists, and Serendipity in Detroit”
What’s Actually Interesting About LevelUp: Seth Priebatsch on Money & Merchants
“That’s honestly the least interesting thing we’re up to at the moment,” says Seth Priebatsch of Boston-based startup SCVNGR. And I believe him, mostly. He’s talking about the $12 million financing his company announced today. The money, the first installment of what Priebatsch says will be a larger financing round, comes from a couple of … Continue reading “What’s Actually Interesting About LevelUp: Seth Priebatsch on Money & Merchants”
SD Biotech Roundup: Astute Raises $40M, Correlation Tries New VC Model
Here’s a short, but interesting roundup of life sciences news over the past week. —San Diego-based Astute Medical, which targets certain biomarkers to rapidly diagnose sepsis and other acute conditions, says today it has raised $40.4 million in a Series C Financing led by MPM Capital and Kaiser Permanente Ventures. The company raised roughly the … Continue reading “SD Biotech Roundup: Astute Raises $40M, Correlation Tries New VC Model”
Getaround Aims to Tackle “Car Overpopulation”
Car-sharing service Getaround burst on the scene a year ago a when it emerged as the big winner at TechCrunch Disrupt in New York, capturing the $50,000 prize. The San Francisco-based car sharing service put a twist on the usual model, allowing car owners to rent their vehicles out to the carless for an hourly … Continue reading “Getaround Aims to Tackle “Car Overpopulation””
NEVCA, Common Angels XSITE Startup Tickets Still Up for Grabs
We’re just one week away from the fourth annual Xconomy Summit on Innovation, Technology, and Entrepreneurship, and we are excited to announce that CommonAngels and the New England Venture Capital Association each have five tickets remaining to give away to startups looking to attend the event. The theme of XSITE 2012 is Accelerating Innovation, and … Continue reading “NEVCA, Common Angels XSITE Startup Tickets Still Up for Grabs”
Agrivida Launches Field Production Of Engineered Plants, Plans C Round
Agrivida—the Medford, MA-based startup that is “engineering plants that can break themselves down into sugars,” according to founder and president R. Michael Raab—is scaling up. The startup has been developing its technology in labs and greenhouses since 2003, and earlier this week announced that it had rolled out industrial-sized fields to grow its plants, which … Continue reading “Agrivida Launches Field Production Of Engineered Plants, Plans C Round”
Bristol-Myers Wrangles Top Academics to Study Immunity in Cancer
On May 29, New York-based drug giant Bristol-Myers Squibb (NYSE: [[ticker:BMY]]) announced a major international cancer-research initiative—news that got a bit overshadowed by the biggest cancer conference of the year, which started in Chicago just a few days later. But the new group that the company unveiled that day, called the International Immuno-Oncology Network, is … Continue reading “Bristol-Myers Wrangles Top Academics to Study Immunity in Cancer”
AmberWave Rises Again as Solar Startup: Insights from Investor Russ Wilcox
Has the sun set on the U.S. solar industry? Not in New Hampshire it hasn’t. AmberWave of Salem, NH, has risen from the ashes of AmberWave Systems, a semiconductor company that started in 1998 and shut its doors in 2010 after raising some $91 million to develop “strained silicon” technology for faster and more energy-efficient … Continue reading “AmberWave Rises Again as Solar Startup: Insights from Investor Russ Wilcox”
Genentech Eagerly Awaits FDA Word on 2nd Breast Cancer Drug
Genentech came out with the first targeted antibody drug for breast cancer almost 15 years ago, and made headlines this week with a “supercharged” version that beats the original. What fewer people may realize is that it’s also gearing up this week to start selling a new and different targeted drug for breast cancer. The … Continue reading “Genentech Eagerly Awaits FDA Word on 2nd Breast Cancer Drug”
Adapteva Garners $853,760 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a87e9f0c-a34a-4a3d-868f-27f0e46105e8&Preview=1 Date 6/7/2012 Company Name Adapteva Mailing Address 1666 Massachusetts Ave Lexington, MA 02420 Company Description Adapteva Inc. is a privately held fabless semiconductor company based in Lexington, Massachusetts that has developed the the world’s most energy efficient multicore microprocessors. Website http://www.adapteva.com Transaction Type Debt Transaction Amount $853,760 Transaction Round Undisclosed Proceeds … Continue reading “Adapteva Garners $853,760 New Round”
SCVNGR Garners $12,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=45b6e4f1-2b23-423c-8f78-4382e2f8fe31&Preview=1 Date 6/7/2012 Company Name SCVNGR Mailing Address 175 Second Street Cambridge, MA 02142 Company Description SCVNGR is a geo-gaming platform that enables anyone to quickly and easily build location-based mobile games, tours, and interactive experiences that can be enjoyed from any mobile device. Website http://www.scvngr.com Transaction Type Venture Equity Transaction Amount … Continue reading “SCVNGR Garners $12,000,000 New Funding Round”
Vets First Choice Receives $4,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4db70bfc-9dea-45c0-96f2-a3edf0963f10&Preview=1 Date 6/7/2012 Company Name Vets First Choice Mailing Address Undisclosed Portland, ME 04106 Company Description Vets First Choice’s mission is to provide veterinary practices with an outstanding online pharmacy supported by client communications that improve medication compliance, grow practice revenues, and simplify inventory management. Website http://www.myvetsfirstchoice.com Transaction Type Venture Equity Transaction … Continue reading “Vets First Choice Receives $4,000,000 Series C Funding”
Kaminario Lands $25,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4a29ca17-b0fc-4f27-a9eb-e520a5ccfb1f&Preview=1 Date 6/7/2012 Company Name Kaminario Mailing Address 275 Grove St. Newton, MA 02466 Company Description Kaminario boasts world-class system, storage and applications performance professionals, with an experienced management team. Combined, they pool their knowledge and expertise in storage systems, networking, operating systems, BI and data processing to provide cutting edge products … Continue reading “Kaminario Lands $25,000,000 New Funding Round”
Dedicated Media Receives $5,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=225026ef-1001-4eae-bb64-192b489f4516&Preview=1 Date 6/7/2012 Company Name Dedicated Media Mailing Address 909 Sepulveda Blvd El Segundo, CA 90245 Company Description The digital media landscape is evolving faster than many of us could have imagined just a few years ago. The rapid rise of social media use and the proliferation of connected devices have revolutionized … Continue reading “Dedicated Media Receives $5,000,000 New Financing”
Astute Medical Receives $40,400,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=502bb33f-9c93-4e2c-92b3-9129839e265e&Preview=1 Date 6/7/2012 Company Name Astute Medical Mailing Address 3550 General Atomics Court MS 02/641 San Diego, CA 92121 Company Description Astute Medical’s mission is to identify and validate protein biomarkers of severe acute disease.Our focus is community and hospital acquired acute conditions that require rapid diagnosis and risk assessment. Our emphasis … Continue reading “Astute Medical Receives $40,400,000 Series C Funding”
Surf Air Lands Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e584555b-1d95-4f2b-a8c9-dfaee42ca3aa&Preview=1 Date 6/7/2012 Company Name Surf Air Mailing Address 910 Colorado Ave Santa Monica, CA 90401 Company Description Surf Air, a new membership-based air service providing short jaunts between California hot spots like Palo Alto, Monterey, Santa Barbara and L.A. Website http://www.surfair.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Series … Continue reading “Surf Air Lands Series A Financing Round”
Shoutlet Receives $15,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=598df31d-d85e-4917-bb3e-d1a3e0d4dfcd&Preview=1 Date 6/7/2012 Company Name Shoutlet Mailing Address 1 Erdman Place Madison, WI 53717 Company Description Shoutlet provides a centralized platform that helps companies manage and monetize their social media communication. Website http://www.shoutlet.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round Series C Proceeds Purposes This funding will enable Shoutlet to … Continue reading “Shoutlet Receives $15,000,000 Series C Financing”
Wowzer Lands New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=67a93237-7b6f-4b60-a09d-13504e879bca&Preview=1 Date 6/7/2012 Company Name Wowzer Mailing Address 444 Castro Street Mountain View, CA 94041 Company Description Wowzer is a video screening platform, highly scalable and customizable, enabling both organizations and candidates to create a more human oriented recruitment experience. Wowzer’s unique platform enables an organization to communicate its strengths, efficiently manage … Continue reading “Wowzer Lands New Funding”
CareInSync Lands $1,600,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ba6933d2-3b47-4a59-8707-5414527838cf&Preview=1 Date 6/7/2012 Company Name CareInSync Mailing Address Undisclosed San Francisco, CA 94105 Company Description At CareinSync, our mission is to: Significantly improve patient care quality & efficiency by enhancing communication across care providers & patients over a real-time, mobile, collaboration platform Website http://www.careinsync.com Transaction Type Venture Equity Transaction Amount $1,600,000 Transaction … Continue reading “CareInSync Lands $1,600,000 Series A Funding”
Cobalt Technologies Receives $2,916,394 Series D Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e7aa04bd-2288-45e9-ad37-85aa36f58098&Preview=1 Date 6/7/2012 Company Name Cobalt Technologies Mailing Address 500 Clyde Avenue Mountain View, CA 94043 Company Description Cobalt Technologies is contributing to solving energy challenges by making commercial scale biobutanol from biomass a sustainable reality. Our patented and proprietary technologies create favorable economics for the biorefinery business model by increasing productivity … Continue reading “Cobalt Technologies Receives $2,916,394 Series D Financing Round”
Quixey Garners $20,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bac7e132-980d-47c4-aa33-bb77e6231f49&Preview=1 Date 6/7/2012 Company Name Quixey Mailing Address 320 Logue Avenue Mountain View, CA 94043 Company Description Quixey specializes in functional search for apps. It allows you to describe your needs in plain English and find the best functional matches. Whether it is a mobile device, a tablet, a desktop or a … Continue reading “Quixey Garners $20,000,000 Series B Round”
PrivateCore Obtains $2,250,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=679f5a5a-9362-402f-87d8-de3bc3614689&Preview=1 Date 6/7/2012 Company Name PrivateCore Mailing Address Undisclosed Menlo Park, CA 94025 Company Description PrivateCore is developing an innovative private computing platform that allows individuals or organizations to safely use cloud computing resources without ceding control of their data. PrivateCore’s software eliminates privacy concerns by enabling the private execution of virtual … Continue reading “PrivateCore Obtains $2,250,000 Seed Funding”
Adore Me Garners $2,500,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7a10e79d-9b4d-4a60-9300-83a9caccce13&Preview=1 Date 6/7/2012 Company Name Adore Me Mailing Address Undisclosed New York, NY 10022 Company Description Adore Me is a NEW way to shop for lingerie! Website http://www.adoreme.com Transaction Type Venture Equity Transaction Amount $2,500,000 Transaction Round Series B Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Ventech Venture … Continue reading “Adore Me Garners $2,500,000 Series B Funding Round”
Magnetic Secures $10,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=10e1c549-b4e2-471f-8301-d78b615ac54c&Preview=1 Date 6/7/2012 Company Name Magnetic Mailing Address 311 W. 43rd St. New York, NY 10036 Company Description Magnetic is search re-targeting. The Magnetic data marketplace empowers advertisers and publishers to use search data as the key indicator of intent and re-target campaigns to the most relevant audience online. With more than … Continue reading “Magnetic Secures $10,000,000 Series B Funding”
Kaminario Lands $25,000,000 Series D Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4a29ca17-b0fc-4f27-a9eb-e520a5ccfb1f&Preview=1 Date 6/7/2012 Company Name Kaminario Mailing Address 275 Grove St. Newton, MA 02466 Company Description Kaminario boasts world-class system, storage and applications performance professionals, with an experienced management team. Combined, they pool their knowledge and expertise in storage systems, networking, operating systems, BI and data processing to provide cutting edge products … Continue reading “Kaminario Lands $25,000,000 Series D Funding”
Orbotix Secures $5,034,989 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=086495a5-1fd4-490c-9cd9-02fe347feb9c&Preview=1 Date 6/7/2012 Company Name Orbotix Mailing Address 1401 Walnut St. Boulder, CO 80302 Company Description Orbotix is a Boulder based startup that works with consumer electronics companies and developers to bring phone controlled open devices to market. Website http://www.Orbotix.com Transaction Type Venture Equity Transaction Amount $5,034,989 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Orbotix Secures $5,034,989 New Round”
Shoutlet Secures $15,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=598df31d-d85e-4917-bb3e-d1a3e0d4dfcd Date 6/7/2012 Company Name Shoutlet Mailing Address 1 Erdman Place Madison, WI 53717 Company Description Shoutlet provides a centralized platform that helps companies manage and monetize their social media communication. Website http://www.shoutlet.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round Series C Proceeds Purposes This funding will enable Shoutlet to … Continue reading “Shoutlet Secures $15,000,000 Series C Financing”
A Big Crowd and Signs of Increasing VC Activity Mark SD Venture Summit
“Clearly, there’s more activity here today than there was a year or two ago,” Dave Titus said as he was making final preparations for today’s San Diego Venture Group Summit. As a litmus test for San Diego’s innovation economy, the signals coming out of the annual event were all green. More than 640 people registered, … Continue reading “A Big Crowd and Signs of Increasing VC Activity Mark SD Venture Summit”
Emerging Challenges of Prostate Cancer Drug Development
The world’s largest cancer meeting of scientists, physicians and industry has just ended in Chicago. The annual meeting of the American Society of Clinical Oncology (ASCO) attracted over 30,000 attendees to hear leading experts on the latest in cancer drug development. From what I heard at ASCO, biotechnology and pharmaceutical companies with new prostate cancer … Continue reading “Emerging Challenges of Prostate Cancer Drug Development”
Crashlytics Buys FireTower, Gears Up for WWDC Bash as Post-PC Era Dawns
It’s not always the terms of an acquisition that make it interesting. Sometimes it’s the stuff going on around it. That’s usually the case for young, fast-moving fields of technology and business that have yet to coalesce into something stable. And that’s a good thing, because I can’t tell you all that much about the … Continue reading “Crashlytics Buys FireTower, Gears Up for WWDC Bash as Post-PC Era Dawns”
FDA Rejects Ariad/Merck Sarcoma Pill, Wall Street Unfazed
When the FDA gave the thumbs-down last night to ridaforolimus (Taltorvic)—a drug being co-developed by Ariad Pharmaceuticals and Merck to treat metastatic soft-tissue sarcoma or bone sarcoma—investors barely flinched. Shares of Cambridge, MA-based Ariad (NASDAQ: [[ticker:ARIA]]) closed last night at $16.20, dropped a bit in after-hours trading, but were up to $16.68 just after the opening … Continue reading “FDA Rejects Ariad/Merck Sarcoma Pill, Wall Street Unfazed”
Join Us for a Twitter Chat with Atlas Venture’s Fred Destin Today at 3pm ET
If you’ve been wanting to ask Fred Destin something, here’s your chance. I’ll be hosting a 30-minute Twitter chat with the esteemed VC from Atlas Venture today, starting at 3 pm ET. What’s the occasion? Well, Destin will be speaking on a venture panel at XSITE 2012, Xconomy’s biggest conference of the year, on June … Continue reading “Join Us for a Twitter Chat with Atlas Venture’s Fred Destin Today at 3pm ET”