Accelerator Looks to Expand, With an Eye on the Big Apple

Accelerator, the venture-backed biotech startup machine, has made its name over the past decade as a hotspot for financing life sciences companies in Seattle with big dreams and potential. Now it’s considering expanding its model for starting biotech companies in other life science clusters around the world, including New York. Plans are still in the … Continue reading “Accelerator Looks to Expand, With an Eye on the Big Apple”

Vertex, N-of-One, Flexion & More Boston Life Sciences News

New England biotechs have been reporting funding, partnership, and clinical trial news this week. —Visterra pulled in $12.9 million of a targeted $19.6 million equity- and options-based funding round, an SEC filing shows. The Cambridge, MA-based startup is developing treatments for infectious diseases. —Xconomy East Coast biotechnology editor Arlene Weintraub took a look at Genentech … Continue reading “Vertex, N-of-One, Flexion & More Boston Life Sciences News”

Seventh Sense Biosystems Secures $200,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f1c9cb68-2f49-4b04-b53c-288324dc586d&Preview=1 Date 6/1/2012 Company Name Seventh Sense Biosystems Mailing Address 286 Cardinal Medeiros Avenue Cambridge, MA 02141 Company Description Seventh Sense Biosystems Inc is a medical device startup company. Website http://www.7sbio.com Transaction Type Debt Transaction Amount $200,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms … Continue reading “Seventh Sense Biosystems Secures $200,000 New Round”

CitizenGlobal Receives $2,125,716 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d6dced03-3c35-4ae7-a550-9f8123ada337&Preview=1 Date 6/1/2012 Company Name CitizenGlobal Mailing Address 515 Boccaccio Ave Venice, CA 90291 Company Description The company has created a website and service that allows users to upload their news oriented film clips. Website http://www.citizenglobal.com Transaction Type Debt, Venture Equity Transaction Amount $2,125,716 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “CitizenGlobal Receives $2,125,716 New Financing”

CitizenGlobal Lands $2,125,716 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d6dced03-3c35-4ae7-a550-9f8123ada337&Preview=1 Date 6/1/2012 Company Name CitizenGlobal Mailing Address 515 Boccaccio Ave Venice, CA 90291 Company Description The company has created a website and service that allows users to upload their news oriented film clips. Website http://www.citizenglobal.com Transaction Type Debt, Venture Equity Transaction Amount $2,125,716 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “CitizenGlobal Lands $2,125,716 New Financing Round”

Datahero Lands $1,000,000 Seed Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3e915b32-aef5-46a9-bbd1-2aad13d5c89e&Preview=1 Date 6/1/2012 Company Name Datahero Mailing Address Undisclosed Palo Alto, CA 94301 Company Description Analyze, visualize, and understand the data that matters most to you. Website http://www.data-hero.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Seed Proceeds Purposes Datahero is currently in closed alpha testing and is expected to be … Continue reading “Datahero Lands $1,000,000 Seed Financing Round”

NanoSolar Receives $70,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=349f00a2-c26e-4218-8c7a-2eae53655800&Preview=1 Date 6/1/2012 Company Name NanoSolar Mailing Address 5521 Hellyer Avenue San Jose, CA 95138 Company Description NanoSolar is one of several companies with promising technologies aimed at narrowing the gap between the cost of solar power and energy from fossil fuels. Website http://www.nanosolar.com Transaction Type Venture Equity Transaction Amount $70,000,000 Transaction … Continue reading “NanoSolar Receives $70,000,000 New Financing”

Zero Motorcycles Obtains $9,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=995509aa-d64e-452c-866c-41ce712faff6&Preview=1 Date 6/1/2012 Company Name Zero Motorcycles Mailing Address 170 Technology Circle Scotts Valley, CA 95066 Company Description Zero Motorcycles is the next step in motorcycle evolution and represents the ultimate electric motorcycle technology. Unencumbered by conventional thinking about how we design, manufacture, and sell high performance electric motorcycles, we’re on a … Continue reading “Zero Motorcycles Obtains $9,000,000 New Round”

Meteor Development Garners $9,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2d0f1239-3d82-4bf8-bfdb-74ef8a197067&Preview=1 Date 6/1/2012 Company Name Meteor Development Mailing Address Undisclosed San Francisco, CA 94123 Company Description Meteor is a set of new technologies for building top-quality web apps in a fraction of the time, whether you’re an expert developer or just getting started. Website http://www.meteor.com Transaction Type Venture Equity Transaction Amount $9,000,000 … Continue reading “Meteor Development Garners $9,000,000 New Round”

Solar Mosaic Receives $2,500,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=77567498-95c4-4004-bd83-7e174f5bd880&Preview=1 Date 6/1/2012 Company Name Solar Mosaic Mailing Address 55 Harrison Street Oakland, CA 94607 Company Description We are a team of entrepreneurs, coders, finance experts and changemakers. We want to create a world that is powered by abundant clean energy sources and owned by people like me and you. We’re excited … Continue reading “Solar Mosaic Receives $2,500,000 Series A Funding”

Calithera Biosciences Obtains $4,000,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1f8cf748-0395-4329-95ed-8b321a79c329&Preview=1 Date 6/1/2012 Company Name Calithera Biosciences Mailing Address 341 Oyster Point Blvd. South San Francisco, CA 94080 Company Description The primary mission of Calithera Biosciences is to develop novel therapeutic approaches to the treatment of cancer by using small molecules to activate, rather than inhibit, enzymes. Our first program is focused … Continue reading “Calithera Biosciences Obtains $4,000,000 Series B Financing”

Diffbot Garners $2,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7f3e9c20-e6f2-4256-a9bd-dcfc99fdf373&Preview=1 Date 6/1/2012 Company Name Diffbot Mailing Address 395 Page Mill Rd Palo Alto, CA 94043 Company Description Diffbot, the first company funded out of Stanford’s StartX accelerator program, makes its APIs available to users wanting to extract the components of web pages in a way that makes that content reusable and … Continue reading “Diffbot Garners $2,000,000 New Round”

TurnHere Garners $150,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5dfd3b36-abee-44d0-942f-f8729408ceee&Preview=1 Date 6/1/2012 Company Name TurnHere Mailing Address 121 2nd Street, Floor 2 San Francisco, CA 94105 Company Description TurnHere, Inc. is a full-service Internet video solutions provider to the media, publishing, travel, local and real estate industries. We provide video strategy development services, produce high quality low-cost Internet videos and develop … Continue reading “TurnHere Garners $150,000 New Round”

SumAll Receives $1,500,000 Seed Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e7754b39-277d-4313-8608-4c5ee7d53d62&Preview=1 Date 6/1/2012 Company Name SumAll Mailing Address 247 Centre Street 6th Floor New York, NY 10013 Company Description We’re creating a tool that people can use to choose practical courses of action quickly and painlessly, and to support them as they implement those actions. We’ll make it easy for you to … Continue reading “SumAll Receives $1,500,000 Seed Funding”

Danaher Acquires VSS Monitoring for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0180f3cf-a95e-4bb3-be8d-750b90fc45d6&Preview=1 Date 6/1/2012 Company Name VSS Monitoring Mailing Address 1850 Gateway Drive San Mateo, CA 94404 Company Description VSS Monitoring is the world leader in traffic capture, allowing IT professionals to see into the farthest reaches of even the largest networks, preventing problems from reaching end users, and dramatically reducing the time … Continue reading “Danaher Acquires VSS Monitoring for Undisclosed Sum”

Diffbot Secures $2,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7f3e9c20-e6f2-4256-a9bd-dcfc99fdf373&Preview=1 Date 6/1/2012 Company Name Diffbot Mailing Address 395 Page Mill Rd Palo Alto, CA 94043 Company Description Diffbot, the first company funded out of Stanford’s StartX accelerator program, makes its APIs available to users wanting to extract the components of web pages in a way that makes that content reusable and … Continue reading “Diffbot Secures $2,000,000 New Round”

Safety Light Startup Illumagear Wins Seattle Angel Conference

Illumagear, a Seattle startup that has developed a hardhat-mounted “halo” light to improve safety on construction sites, won a $100,000 investment at the inaugural Seattle Angel Conference. And not a moment too soon—founder Max Baker says the infusion will help him get to work on a new prototype of his product, tackle intellectual property protection, … Continue reading “Safety Light Startup Illumagear Wins Seattle Angel Conference”

Calling All Entrepreneurs: Apply Now for Bizdom’s Summer Session

Bizdom, the business accelerator backed by Quicken Loans’ Dan Gilbert with locations in Detroit and Cleveland, is now accepting applications for its summer 2012 session. The three-month program mentors and funds entrepreneurs who want to launch tech-based startups in Detroit or Cleveland. Successful applicants will receive up to $25,000 in seed funding in exchange for … Continue reading “Calling All Entrepreneurs: Apply Now for Bizdom’s Summer Session”

Can Develop Detroit Make You a Talented Mobile Developer in 90 Days?

Starting June 11th, Develop Detroit kicks off its inaugural 12-week program that promises to take attendees from coding novices to capable mobile developers able to build an iPhone or iPad application at will.  The course will take place two evenings a week with the hope to have a first-year class size of 20 to 30 students. … Continue reading “Can Develop Detroit Make You a Talented Mobile Developer in 90 Days?”

Merchant Exchange Tries Exclusivity as Hook in Daily Deals

While the luster fades on some daily deals and rewards programs, a New York-based startup is trying to set itself apart from rivals in this market by essentially being less social. Merchant Exchange is a website that connects consumers to deals. But what makes it different is the merchants do not broadcast the same deals … Continue reading “Merchant Exchange Tries Exclusivity as Hook in Daily Deals”

Optimizely’s Assault on the One-Size-Fits-All Web

Dan Siroker has a habit of looking at the future and imagining something very different from the present. Back in 2007, when George W. Bush was still president, he left his plum product-manager job at Google to work for a junior Illinois senator named Barack Obama, as director of analytics for the candidate’s presidential campaign. … Continue reading “Optimizely’s Assault on the One-Size-Fits-All Web”

Bill Warner, Dharmesh Shah Join XSITE 2012 Lineup: Here’s the Agenda

You’ve been waiting for it. We’ve been waiting for it. Here it is: the full agenda for XSITE 2012 on June 14 at Babson College. We’re exactly two weeks out from Xconomy’s biggest innovation conference of the year. We’re really excited to announce that Bill Warner, the angel investor, entrepreneur evangelist, and founder of Avid … Continue reading “Bill Warner, Dharmesh Shah Join XSITE 2012 Lineup: Here’s the Agenda”

Sonian Nabs $13.6M, Led By OpenView

OpenView Venture Partners has led a $13.6 million Series C round for Newton, MA-based Sonian, marking the Boston-based venture firm’s first investment in a company native to Boston. Return Sonian investors Prism VentureWorks and Summerhill Venture Partners also participated in the deal for the developer of archiving software for the cloud. In January 2011, Sonian … Continue reading “Sonian Nabs $13.6M, Led By OpenView”

Merck Oncology Chief Heads to ASCO With High Hopes for New Drugs

At the annual conference of the American Society of Clinical Oncology (ASCO), starting tomorrow in Chicago, drug giant Merck will be presenting no less than 100 abstracts detailing its efforts to develop new cancer drugs. The company’s oncology franchise head, Gary Gilliland—who left a 20-year faculty position at Harvard to join New Brunswick, NJ-based Merck … Continue reading “Merck Oncology Chief Heads to ASCO With High Hopes for New Drugs”

N-of-One Names CEO, Forms Pact With Foundation Medicine

Waltham, MA-based N-of-One announced today several milestones in its quest to provide tools that can help oncologists design personalized treatment regimens for their patients. The company, founded in 2008 by Harvard-trained physician Jennifer Levin Carter, formed a partnership with Boston-based Foundation Medicine to transform genomic data from individual cancer patients into treatment strategies. N-of-One has … Continue reading “N-of-One Names CEO, Forms Pact With Foundation Medicine”

SD Biotech Roundup: Wireless Sensor Prize, Zogenix, Sangart, & More

The X Prize Foundation’s Peter Diamandis came to San Diego to announce the formation of a new incentive prize competition, while a variety of companies disclosed new funding deals. It’s all part of our roundup of local life sciences news. —San Diego-based Sangart, which has been developing an oxygen-carrying compound for treating the effects of … Continue reading “SD Biotech Roundup: Wireless Sensor Prize, Zogenix, Sangart, & More”

Medivation Emerges With New Prostate Cancer Drug

San Francisco-based Medivation doesn’t quite have the brand name recognition of its rivals in the world of prostate cancer drug development, but that could be starting to change, as soon as this weekend. Medivation (NASDAQ: [[ticker:MDVN]]) has been on a big-time roll since November, when it released results from a study of 1,200 patients, called … Continue reading “Medivation Emerges With New Prostate Cancer Drug”

Neurovance Obtains $314,601 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c42e79e8-4455-4ff7-8cc8-0a731a13bd5e&Preview=1 Date 5/31/2012 Company Name Neurovance Mailing Address 43 Thorndike Street Cambridge, MA 02141 Company Description Neurovance is a stealth pharmaceutical company developing pharmaceutical preparations for the treatment of disorder of the central nervous system. Website Undisclosed Transaction Type Venture Equity Transaction Amount $314,601 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Neurovance Obtains $314,601 New Funding Round”

Sonian Obtains $13,600,000 Series C Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8e6dffb5-cffd-420b-8d13-aceb82661a97&Preview=1 Date 5/31/2012 Company Name Sonian Mailing Address 95 Wells Ave Newton, MA 02459 Company Description Sonian is a technology platform and hosted services company on a mission to help millions of organizations world-wide manage their critical IT functions such as archiving, search, compliance, e-discovery and storage management. The Sonian platform is … Continue reading “Sonian Obtains $13,600,000 Series C Funding Round”

eVariant Receives $2,638,161 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d77f524b-60fc-4fe4-a1a9-d4699e7dd0ef&Preview=1 Date 5/31/2012 Company Name eVariant Mailing Address 86 Hopmeadow Street Simsbury, CT 06089 Company Description As a strategic eBusiness consulting firm, our mission is to help every client realize the ROI on their Marketing, Sales and IT investments. Website http://www.evariant.com Transaction Type Venture Equity Transaction Amount $2,638,161 Transaction Round Undisclosed Proceeds … Continue reading “eVariant Receives $2,638,161 New Funding”

Buddy Platform Lands $1,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b42d8b60-5a61-400c-a20d-7b668df2f501&Preview=1 Date 5/31/2012 Company Name Buddy Platform Mailing Address P.O. Box 2934 Kirkland, WA 98083 Company Description Buddy was started by David McLauchlan and Jeff MacDuff. Dave & Jeff met when they both worked at Microsoft, and a decade later launched Buddy to the public in September, 2011. Website http://www.buddy.com Transaction Type … Continue reading “Buddy Platform Lands $1,000,000 New Funding Round”

Ambit Biosciences Receives $7,066,803 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eb4edd12-ea86-46f6-ae99-79c01e19123b&Preview=1 Date 5/31/2012 Company Name Ambit Biosciences Mailing Address 4215 Sorrento Valley Blvd. San Diego, CA 92121 Company Description Ambit Biosciences is a privately-held biopharmaceutical company engaged in the discovery and development of small-molecule kinase inhibitors for the treatment of cancer. Website http://www.ambitbio.com Transaction Type Venture Equity Transaction Amount $7,066,803 Transaction Round … Continue reading “Ambit Biosciences Receives $7,066,803 New Round”

AssureRx Health Secures $12,500,000 Series C Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=398a14ef-288f-42ac-ad9a-8e9129bd7212&Preview=1 Date 5/31/2012 Company Name AssureRx Health Mailing Address 7264 Columbia Road Mason, OH 45039 Company Description Cincinnati-based AssureRx Health, Inc. is a personalized medicine company which specializes in pharmacogenetics and is dedicated to helping physicians determine the right drug at the right dose for individual patients suffering from medical conditions. Website … Continue reading “AssureRx Health Secures $12,500,000 Series C Funding”

True&Co Secures $2,000,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e8c0c929-2925-4c89-9777-2f7fb9131578&Preview=1 Date 5/31/2012 Company Name True&Co Mailing Address Undisclosed San Francisco, CA 94105 Company Description We are changing the way women shop online. We redesigned the art of bra shopping, one of the most unpleasant shopping experiences we have personally endured. Instead, we created a proprietary way to fit women online in … Continue reading “True&Co Secures $2,000,000 Seed Financing”

InstaEDU Secures $1,100,000 Seed Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=804f2a96-b49f-4242-bfdc-6d0c93c95a5a&Preview=1 Date 5/31/2012 Company Name InstaEDU Mailing Address 115 Sansome St. San Francisco, CA 94104 Company Description Stumped high school and college students pay InstaEDU by the minute to video chat with tutors from top universities at any hour of the day. InstaEDU will use the seed to grow its team and … Continue reading “InstaEDU Secures $1,100,000 Seed Funding”

CollabNet Obtains $4,508,537 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=272d400f-e7c8-4f76-93a1-6e2f40b85bb6&Preview=1 Date 5/31/2012 Company Name CollabNet Mailing Address 8000 Marina Boulevard Brisbane, CA 94005-1865 Company Description CollabNet is the leading provider of distributed software development solutions. Our solutions help corporations reduce costs, increase revenues, and capture market loyalty by bringing together software development teams, regardless of geographic location. Website http://www.collab.net Transaction Type … Continue reading “CollabNet Obtains $4,508,537 New Financing”

Soladigm Garners $4,472,849 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ac464a9c-3038-4d3e-97f7-7366cbf9b22c&Preview=1 Date 5/31/2012 Company Name Soladigm Mailing Address 195 South Milpitas Boulevard Milpitas, CA 95035 Company Description The company provides switchable electronic glass technology. Website http://www.soladigm.com Transaction Type Debt Transaction Amount $4,472,849 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor Undisclosed

Raydiance Secures $1,194,039 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=660036e8-77f5-4ed0-9ef9-841d47f95c6b&Preview=1 Date 5/31/2012 Company Name Raydiance Mailing Address 2199 S. McDowell Blvd Petaluma, CA 94954 Company Description UltraShort Pulse lasers have compelling capabilities that can deliver major benefits to hundreds of lucrative markets. The problem is that that technology is impractical. It’s too expensive. It requires highly trained Ph.D.’s to operate. And … Continue reading “Raydiance Secures $1,194,039 New Financing”

IRX Therapeutics Garners $1,500,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a1012de3-e3d9-4319-8fb9-8c163b1521ec&Preview=1 Date 5/31/2012 Company Name IRX Therapeutics Mailing Address 140 West 57th Street New York, NY 10019 Company Description IRX Therapeutics’ mission is to discover and commercialize drugs that stimulate a coordinated TH1-specific cellular immune response to treat human diseases. This immune response is essential for the eradication of most viruses and … Continue reading “IRX Therapeutics Garners $1,500,000 New Round”

NetClarity Lands $1,479,073 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5cce6437-b154-470e-94ff-9ff4ad0a2153&Preview=1 Date 5/31/2012 Company Name NetClarity Mailing Address 34 Crosby Drive Bedford, MA 01730 Company Description NetClarity develops vulnerability management and intrusion prevention network security products. NetClarity’s new product, called EasyNAC, is designed to identify devices that should be allowed within a network and is expected to be a boon to the … Continue reading “NetClarity Lands $1,479,073 New Funding”

Wikify.me Secures $300,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b879ab01-4203-415c-80b0-ea5749856a6e&Preview=1 Date 5/31/2012 Company Name Wikify.me Mailing Address Undisclosed San Francisco, CA 94105 Company Description The company offers a peer-review website service. Website http://www.wikify.me Transaction Type Venture Equity Transaction Amount $300,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed, however the company is still in beta test stage. M&A Terms … Continue reading “Wikify.me Secures $300,000 New Funding”

innRoad Obtains $5,800,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2657b762-0241-4fcd-a41d-05fb22b80b49&Preview=1 Date 5/31/2012 Company Name innRoad Mailing Address 37 WIndmill Lane Southampton, NY 11968 Company Description innRoad is the only Software-as-a-Service (SaaS) hotel software solution that seamlessly integrates property management, global distribution, bookings and marketing–all on a single, easy-to-use platform designed exclusively for independent hoteliers, small hotel chains and hotel management companies. … Continue reading “innRoad Obtains $5,800,000 Series B Funding Round”

Design In Detroit Connects Creative Entrepreneurs

Earlier this month, the Detroit Creative Corridor (DC3), a business accelerator for entrepreneurs in creative fields, announced it will launch “Design in Detroit,” a new online platform to try to connect artistically minded businesses with individuals and institutions in the region. This three-year, Knight Foundation-funded effort to create a digital network for Detroit’s creative community also … Continue reading “Design In Detroit Connects Creative Entrepreneurs”

Buddy Platform Open for Business, Raises $1M for App Backend Service

Buddy Platform, a Kirkland, WA-based startup that sells back-end services for mobile apps, is now open for business and says it has raised $1 million from investors. The company was founded by two former Microsofties, David McLauchlan and Jeff MacDuff. Their investors include Transmedia Capital and Crestlight Venture Productions, along with angel investors. The startup … Continue reading “Buddy Platform Open for Business, Raises $1M for App Backend Service”

100 Beers

MITX has got the first 100 beers at this edition of their quarterly party. They’ll also give attendees a look at upcoming ways to get involved with the organization. Sign up here.

Huddle, With a Fresh $24M, Puts a Predictive Spin on File Sharing

Was Steve Jobs correct that file sharing and synchronization is “a feature, not a product”? That’s what the Apple co-founder told Drew Houston in a now-famous 2009 meeting where he proposed buying Houston’s startup, Dropbox, for nine figures. Houston turned down the offer, Apple went on to introduce iCloud, and Dropbox went on to raise … Continue reading “Huddle, With a Fresh $24M, Puts a Predictive Spin on File Sharing”

Kona Medical Gets $30M To Zap High Blood Pressure With Ultrasound

Ultrasound waves can be engineered to do all kinds of nifty things, from creating high-resolution images of developing fetuses to non-invasive ways of busting up kidney stones. Now a Seattle-area startup called Kona Medical has raised a load of venture capital to pursue a big dream—ultrasound that could treat millions of people with high blood … Continue reading “Kona Medical Gets $30M To Zap High Blood Pressure With Ultrasound”