Today Google launched its new Google+ Local service replacing the version of Google Places used by consumers with features that include the rating system developed by its New York-based Zagat subsidiary. The service curates recommendations on places to visit from users’ Google+ friends, as well as reviews drawn from others. Avni Shah, Google’s director of … Continue reading “Google+ Local Replaces Google Places, Adds Zagat Rankings”
Roambi Expands Core Business to Specialized Publishers of Biz Intel
When Mellmo’s founders were just sitting down to design their compelling mobile technology for visualizing business intelligence (BI) data, they realized how it might be used in other ways. “We could see there may some interesting use cases for the product outside the usual BI application,” says Mellmo co-founder and president Quinton Alsbury. Today, just … Continue reading “Roambi Expands Core Business to Specialized Publishers of Biz Intel”
Recorded Future, GreenBytes, Seahorse, & More Boston-Area Dealmakers
We saw plenty of deals coming out of local cleantech, IT, life sciences, and electronics startups. —Last week Cambridge, MA-based Recorded Future raised a $12 million venture financing round from Balderton Capital, Google Ventures, Atlas Venture, and In-Q-Tel. The startup’s software scours information on the Web to answer questions on subjects from civil unrest to the … Continue reading “Recorded Future, GreenBytes, Seahorse, & More Boston-Area Dealmakers”
Flexion Overhaul Bears Fruit With Upbeat Data From Arthritis Trial
[Updated 5/30/12 8:30 am. See below.] Today Woburn, MA-based Flexion Therapeutics announced that its treatment for osteoarthritis met its goal of significantly relieving joint pain in a mid-stage trial. Even though it’s a bit early to declare the drug a success, the results come as welcome news to the executives of Flexion, who have spent … Continue reading “Flexion Overhaul Bears Fruit With Upbeat Data From Arthritis Trial”
Q&A: Deloitte Finds More Ways to Connect with Digital Startups
As the crop of startups continues to grow, particularly in digital media, consulting and financial advisory firm Deloitte is working do more than just introduce innovators to potential investors. So Deloitte has been co-sponsoring the Digital Media Center (DMC) group to bring together New York startups from the digital media arena and venture capitalists. And … Continue reading “Q&A: Deloitte Finds More Ways to Connect with Digital Startups”
Basic Biology: The Complex Core of Drug Discovery
The hardest task in major league sports is hitting a baseball. Those who can successfully do this even three out of every ten times over the course of a career are likely to find themselves enshrined in Cooperstown at the Hall of Fame. Unfortunately, scientists who strive to discover new medicines can only fantasize about … Continue reading “Basic Biology: The Complex Core of Drug Discovery”
Khosla Ventures Bets on Liquid Metal Battery’s Energy Storage Tech
“Cost-effective, reliable, grid-scale storage is one of the holy grails in cleantech,” says Khosla Ventures partner Andrew Chung. But now, Chung thinks there may be an answer—and the path runs through Cambridge, MA, startup Liquid Metal Battery. That’s why Chung and Menlo Park, CA-based Khosla Ventures led the $15 million Series B investment in Liquid … Continue reading “Khosla Ventures Bets on Liquid Metal Battery’s Energy Storage Tech”
San Diego’s Carbon Capture Pulls Out as Synthetic Genomics Moves In
Synthetic Genomics, the San Diego startup developing microorganisms to synthesize biofuels and other products, said it has acquired an 81-acre site in Calipatria, CA, to expand beyond its laboratory tests of algae. Synthetic Genomics’s expansion appears to be counter-balanced, though, by a business consolidation at Carbon Capture, another San Diego algal biofuels developer. The price … Continue reading “San Diego’s Carbon Capture Pulls Out as Synthetic Genomics Moves In”
Quincy Apparel, Driven to Make Women’s Clothes Fit, Nabs $950K
Quincy Apparel, a New York-based women’s e-commerce site with a mission of improving fit, has raised $950,000 in a convertible debt-based seed round, the founders say. The round was led by Great Oaks Venture Capital, and included Launch Capital and a diverse group of angel investors such as Bobbi Brown Cosmetics co-founder Ken Landis, David … Continue reading “Quincy Apparel, Driven to Make Women’s Clothes Fit, Nabs $950K”
Adelja Learning Lands $285,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=78b74fb3-1256-4f13-9716-25ce5f9d15a5&Preview=1 Date 5/30/2012 Company Name Adelja Learning Mailing Address 16 Centre Street Concord, NH 03301 Company Description A New Hampshire software company that has created the Word Voyage website designed to help students in grades four through 12 with vocabulary and grammar. Website http://www.wordvoyage.com Transaction Type Venture Equity Transaction Amount $285,000 Transaction … Continue reading “Adelja Learning Lands $285,000 New Funding”
Grubwithus Lands $5,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cb6958b1-4a84-4c86-aea3-7419c8019dd8&Preview=1 Date 5/30/2012 Company Name Grubwithus Mailing Address Undisclosed Chicago, IL 60606 Company Description The company operates an online website and service that allows people to find people to eat with via an online reservation service. Website http://www.grubwith.us Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Series A Proceeds Purposes In … Continue reading “Grubwithus Lands $5,000,000 Series A Round”
smartDIGITAL Secures $2,700,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7c9c2103-2fde-4d6b-8c82-b4bf9fd427a3&Preview=1 Date 5/30/2012 Company Name smartDIGITAL Mailing Address 1727 S. Indiana Ave Chicago, IL 60616 Company Description smartDIGITAL is a digital media company focused on developing technology-based products that increase communication and enhance consumer’s access to technology. SD has built strong, innovative public and private partnerships that drive revenue while providing cities … Continue reading “smartDIGITAL Secures $2,700,000 Series A Financing Round”
Optimizely Secures New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f65422aa-83ac-44de-8c50-33722d9b716b&Preview=1 Date 5/30/2012 Company Name Optimizely Mailing Address Undisclosed San Francisco, CA 94105 Company Description The company provides a service that allows users to perform automated A/B testing of websites. Website http://www.optimizely.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Optimizely plans to utilize the new funding to … Continue reading “Optimizely Secures New Round”
Badgeville Receives $25,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=315ab9cd-f29a-4626-9acb-7a487de026b0&Preview=1 Date 5/30/2012 Company Name Badgeville Mailing Address 640 Oak Grove Ave Menlo Park, CA 94025 Company Description Badgeville is a white label Social Rewards & Analytics Platform We make it easy to increase the loyalty and engagement of your web audience. Website http://www.badgeville.com Transaction Type Venture Equity Transaction Amount $25,000,000 Transaction … Continue reading “Badgeville Receives $25,000,000 Series C Funding”
MobileIron Garners $40,000,000 Series E Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e24880b8-59dd-4369-9715-840897c6ec72&Preview=1 Date 5/30/2012 Company Name MobileIron Mailing Address 415 East Middlefield Road Mountain View, CA 94043 Company Description MobileIron was founded to bring simplicity to the chaos of smartphones in the enterprise. Smartphones are quickly becoming the primary personal communications and computing platform for business. However, they introduce cost, risk, and usability … Continue reading “MobileIron Garners $40,000,000 Series E Round”
PlanGrid Receives $1,100,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=49680a61-c7cc-4a70-8044-842727c40765&Preview=1 Date 5/30/2012 Company Name PlanGrid Mailing Address 475 E. California Avenue Sunnyvale, CA 94086 Company Description PlanGrid was created to save contractors time and money. Our app is easy to use, easy to setup, and can benefit every project big or small. Sign up for a free account and see why … Continue reading “PlanGrid Receives $1,100,000 New Financing Round”
Kona Medical Obtains $30,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cc6a3985-f4ed-4d1b-bc87-8bc614a2e387&Preview=1 Date 5/30/2012 Company Name Kona Medical Mailing Address 1020 Marsh Rd. Menlo Park, CA 94025 Company Description The company provides undisclosed medical services. Website Undisclosed Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round Series C Proceeds Purposes Kona Medical will use proceeds from the financing to fund clinical trials and … Continue reading “Kona Medical Obtains $30,000,000 Series C Funding”
Junar Garners $1,200,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=12bcb3db-65c4-4aad-97b5-9204afd5dcf8&Preview=1 Date 5/30/2012 Company Name Junar Mailing Address 364 University Ave. Second Floor Palo Alto, CA 94301 Company Description Javier Pajaro was working at an innovative firm and needed to access data that should have been publicly available and easy to use for reports. He soon realized that only a small subset … Continue reading “Junar Garners $1,200,000 Seed Funding”
SentreHEART Receives $25,999,993 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0dda0ada-6068-47a5-9de0-d83368a736c8&Preview=1 Date 5/30/2012 Company Name SentreHEART Mailing Address 300 Saginaw Drive Redwood City, CA 94063 Company Description SentreHEART, Inc. is developing minimally invasive devices to protect and treat disorders of the heart. Website http://www.sentreheart.com Transaction Type Venture Equity Transaction Amount $25,999,993 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC … Continue reading “SentreHEART Receives $25,999,993 New Round”
Redwood Systems Garners $11,750,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8672c62b-740c-419a-95b8-da5dfc5b11de&Preview=1 Date 5/30/2012 Company Name Redwood Systems Mailing Address 3839 Spinnaker Court Fremont, CA 94538 Company Description Redwood System Inc. is a company focused on commercial building energy conservation. Website http://www.redwoodsys.com Transaction Type Venture Equity Transaction Amount $11,750,000 Transaction Round Series C Proceeds Purposes The investment will enable Redwood to continue its … Continue reading “Redwood Systems Garners $11,750,000 Series C Funding”
Group Commerce Receives $21,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80413b5f-6e86-488b-b9cb-38e97c71e95d&Preview=1 Date 5/30/2012 Company Name Group Commerce Mailing Address 628 Broadway New York, NY 10012 Company Description The company has developed a white label, full-service group buying platform for publishers and merchants. Website http://www.groupcommerce.com Transaction Type Venture Equity Transaction Amount $21,000,000 Transaction Round Series C Proceeds Purposes The funding will be used … Continue reading “Group Commerce Receives $21,000,000 Series C Funding Round”
OraMetrix Garners $1,113,247 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f8cbdc99-8701-4879-9e4f-20d0b196ba7f&Preview=1 Date 5/30/2012 Company Name OraMetrix Mailing Address 2350 Campbell Creek Blvd. Richardson, TX 75082 Company Description Our proprietary technology system, the SureSmile system, represents a significant leap forward in orthodontics because it allows the use of precision digital tools throughout all phases of the orthodontic treatment process – diagnosis, treatment planning … Continue reading “OraMetrix Garners $1,113,247 New Funding Round”
SolarBridge Technologies Garners $25,000,000 Series D Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1b7200aa-642d-42ad-b4b5-8ab472906888&Preview=1 Date 5/30/2012 Company Name SolarBridge Technologies Mailing Address 9229 Waterford Centre Blvd. Austin, TX 78758 Company Description SmartSpark Energy Systems is a power electronics company, specializing in the development of products that support the efficient transformation and storage of energy used in renewable technologies. SmartSpark’s goal is to facilitate the mainstream … Continue reading “SolarBridge Technologies Garners $25,000,000 Series D Financing”
Massachusetts’ New Big-Data Initiative to Include MIT, Intel, and HackReduce
Who will own the emerging tech-business field of “big data”? Answer: probably no one entity or geographical region. But the state of Massachusetts is putting its best foot forward this week, with an assist from Intel, MIT, and some local big-data leaders. Wednesday afternoon, at 2 pm, Governor Deval Patrick will announce a new big-data … Continue reading “Massachusetts’ New Big-Data Initiative to Include MIT, Intel, and HackReduce”
Inno-Vention: A Medical Main Street Conference
This event will highlight the life sciences and health care industries in Southeast Michigan. Representatives from medical device companies, hospitals, and suppliers will be on hand for panel discussions, networking, and more. For details and registration, click here.
Managing Cash Flow and Operating Your Business
TechTown hosts this workshop designed to offer business owners the tools to improve cash management. For more information, click here.
Michigan Council of Women in Technology Forum
“Making the Leap: Taking on New Challenges in Challenging Times” features a panel of women who work in technology discussing taking a chance on major career changes. For more information, click here.
Mobile Moves Michigan
Learn more about the many ways mobile technology is changing our lives and the way we do business at this two-day symposium that includes keynote speeches, networking, exhibits, and a hack-a-thon. For details, click here.
Telematics Detroit 2012
More than 40 sessions will be held on topics relating to how telematics is redefining the auto industry. Executives from Mercedes-Benz, Audi, Nissan, Ford, BMW, Toyota, GM, Facebook, and more will be on hand. For full details, agenda, and registration, click here.
Medigram Offers a Safe, Legal Alternative to Texting While Doctoring
Three years of medical school and hospital rotations at Stanford was enough to convince Michael Chiu that the methods doctors and nurses use to exchange updates about patients are archaic, inefficient, and sometimes illegal. Most hospitals, he explains, still depend on old-fashioned pagers to send doctors urgent alerts and other messages. But these systems can … Continue reading “Medigram Offers a Safe, Legal Alternative to Texting While Doctoring”
ENRG Power Systems Is Ready for Liftoff
[Corrected 5/29/12, 7:30 p.m. See below.] Milton Roye has spent most of his life working for a series of automakers and suppliers: General Motors, Delphi, Tata. It was in this capacity as a seasoned industry expert that an old classmate from MIT approached him about some new technology he’d been working on. It was a … Continue reading “ENRG Power Systems Is Ready for Liftoff”
Never Let Anyone Make You a Carrot
The day is coming when a single carrot, freshly observed, will set off a revolution.” –Paul Cezanne A couple of years ago my sister told me a story about how she came home from work to find her husband and then 5-year-old daughter playing “house” with her dolls and dollhouse. They were deep into the … Continue reading “Never Let Anyone Make You a Carrot”
Vertex Shares Drop on Mistake in Cystic Fibrosis Drug Data
Vertex Pharmaceuticals saw its stock rocket on news earlier this month that its two-drug combo treatment for cystic fibrosis showed a strong benefit in a clinical trial, but the stock is coming back down now that Vertex has come forward to report on a mistake in its own data. Shares of the Cambridge, MA-based biotech … Continue reading “Vertex Shares Drop on Mistake in Cystic Fibrosis Drug Data”
Genentech, Roche Find New Balance Three Years Post-Merger
In late 2009, I wrote a feature story for BusinessWeek that was given the clever and rather blunt headline “Can Roche Leave Genentech Alone?” It was a pressing question at the time. Roche had just laid out $47 billion to acquire the 44 percent of Genentech that it didn’t already own. For years leading up … Continue reading “Genentech, Roche Find New Balance Three Years Post-Merger”
GreenBytes Gets $12M More, Led by Al Gore’s Venture Firm
Not all the tech news coming out of Rhode Island is bad. GreenBytes, an Ashaway, RI-based data storage company, said today it has raised $12 million in Series B financing led by Generation Investment Management, a firm co-founded by Al Gore. Battery Ventures and GreenBytes management also participated in the funding. GreenBytes started in 2007 … Continue reading “GreenBytes Gets $12M More, Led by Al Gore’s Venture Firm”
Recorded Future, With New VC Round, Seeks Fortune in Defense and Finance
Wish you could use the Web to make reliable predictions about the future? Not just the performance of the stock market, say, but things like, what are my business competitors planning to do in a particular field? Where in the world will there be civil unrest in the coming weeks? What military maneuvers can we … Continue reading “Recorded Future, With New VC Round, Seeks Fortune in Defense and Finance”
NanoString Nabs Ex-Seattle Genetics Exec to Lead Diagnostic Push
Seattle-based NanoString Technologies sees itself growing from a research tool company into a more diversified player with diagnostic tests that enable more personalized cancer medicine. Now it has hired its first sales and marketing leader to take the fruit of NanoString R&D, and turn it into this potentially large new line of business. Bruce Seeley, the … Continue reading “NanoString Nabs Ex-Seattle Genetics Exec to Lead Diagnostic Push”
Safety Analyses Lead Sangart to Move Ahead with ‘Oxygen Therapeutic’
Encouraging results in a second mid-stage trial of an oxygen-carrying compound has prompted San Diego’s Sangart to draw on an additional $50 million from Leucadia National (NYSE: [[ticker:LUK]]), a diversified New York holding company that is Sangart’s majority owner. Sangart, which has been developing the compound to counter traumatic blood loss, says the additional funding … Continue reading “Safety Analyses Lead Sangart to Move Ahead with ‘Oxygen Therapeutic’”
Visterra Receives $12,906,300 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=24e708f2-f33f-49d6-8621-ad70cc5bb50d&Preview=1 Date 5/29/2012 Company Name Visterra Mailing Address One Kendall Square Cambridge, MA 02139 Company Description Visterra, Inc. is dedicated to the discovery and development of innovative products for the prevention, treatment and diagnosis of infectious diseases. The Company focuses on technologies that can interrogate how pathogens interact with human cells, a … Continue reading “Visterra Receives $12,906,300 New Round”
Cryoport Lands $5,212,655 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=51be4706-0631-4c2b-9d4e-6f01b13384b9&Preview=1 Date 5/29/2012 Company Name Cryoport Mailing Address 402 W. Broadway San Diego, CA 92101 Company Description CryoPort Inc. (OTCBB: CYRX) was founded in 1999 to advance the next generation of cost-efficient, frozen shipping, servicing the growing global biopharmaceutical and biotechnology industries. CryoPort’s innovative bio-shippers are essential to preserving the current and … Continue reading “Cryoport Lands $5,212,655 New Funding Round”
GreenBytes Garners $12,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=60e29701-7cd6-4f12-9815-3f9001e5457d&Preview=1 Date 5/29/2012 Company Name GreenBytes Mailing Address Hopkinton Industrial Park 15 Gray Lane Ashway, RI 02804 Company Description GreenBytes is the most efficient data storage system on the market today. An ultra high-efficiency NAS. Website http://www.green-bytes.com Transaction Type Venture Equity Transaction Amount $12,000,000 Transaction Round Series B Proceeds Purposes GreenBytes will … Continue reading “GreenBytes Garners $12,000,000 Series B Financing Round”
Ace Metrix Lands $8,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c4bf3735-7d6d-452b-8223-266464977606&Preview=1 Date 5/29/2012 Company Name Ace Metrix Mailing Address 2115 Landings Dr. Mountain View, CA 94043 Company Description At Ace Metrix, the ad guys joined with innovative researchers and technology experts to create a new way of providing traditional copy testing, tracking studies and trending analysis. Website http://www.acemetrix.com Transaction Type Venture Equity … Continue reading “Ace Metrix Lands $8,000,000 New Round”
10gen Garners $42,000,000 Series E Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c0f5b85a-6dab-4794-b485-fa420f68d077&Preview=1 Date 5/29/2012 Company Name 10gen Mailing Address 134 5th Ave Third Floor New York, NY 10011 Company Description 10gen is a new platform-as-a-service technology designed to help developers quickly and easily build dynamic, scalable, mission critical web sites and applications. Website http://www.10gen.com Transaction Type Venture Equity Transaction Amount $42,000,000 Transaction Round … Continue reading “10gen Garners $42,000,000 Series E Funding”
Qualtre Garners $10,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b926d489-9773-44e5-b09f-66d72bafdb52&Preview=1 Date 5/29/2012 Company Name Qualtre Mailing Address 225 Cedar Hill Street Marlborough, MA 01752 Company Description Qualtre Inc. is commercializing the next generation of these inertial sensors, further broadening their applicability in CE devices like cellular handsets, personal navigation devices, and gaming controllers. Using a proprietary high-performance, low-cost technology platform, Qualtre … Continue reading “Qualtre Garners $10,000,000 New Funding”
Qualtre Secures $10,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b926d489-9773-44e5-b09f-66d72bafdb52&Preview=1 Date 5/29/2012 Company Name Qualtre Mailing Address 225 Cedar Hill Street Marlborough, MA 01752 Company Description Qualtre Inc. is commercializing the next generation of these inertial sensors, further broadening their applicability in CE devices like cellular handsets, personal navigation devices, and gaming controllers. Using a proprietary high-performance, low-cost technology platform, Qualtre … Continue reading “Qualtre Secures $10,000,000 New Financing”
Prieto Battery Garners $5,450,751 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d2bd91d-69a4-471b-8c9f-237412450991&Preview=1 Date 5/28/2012 Company Name Prieto Battery Mailing Address 4227 Lookout Lane Fort Collins, CO 80526 Company Description Life and technology move so quickly these days that current battery technology can hardly keep up. While the electronic devices that power our lives get exponentially smarter, the batteries that power them improve only … Continue reading “Prieto Battery Garners $5,450,751 New Financing Round”
Trivascular Garners $4,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=05634577-bc65-4dbf-8c4c-b2adb5f699c2&Preview=1 Date 5/26/2012 Company Name Trivascular Mailing Address 3910 Brickway Blvd Santa Rosa, CA 95403 Company Description Trivascular is developing novel endovascular repair devices to treat abdominal aortic aneurysms (AAA). Website http://www.trivascular2.com Transaction Type Venture Equity Transaction Amount $4,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. … Continue reading “Trivascular Garners $4,000,000 New Financing”
With Orders Piling Up, Zulily Built a Shipping Arm—in 8 Weeks
When you build a fast-growing business, there are bound to be a few “oh shit” moments. Darrell Cavens, the CEO of moms-and-kids retailer Zulily, knows that feeling well. Cavens runs one of the fastest growing startups in the Seattle area, a private-sales site that has amassed more than 5 million daily e-mail subscribers since launching … Continue reading “With Orders Piling Up, Zulily Built a Shipping Arm—in 8 Weeks”
Michigan VC Report Highlights Positive Trends
On the heels of Renaissance Venture Capital announcing earlier this month that it had its first close of $60 million on its second fund, the Michigan Venture Capital Association (MVCA) released its annual report on the state of Michigan’s venture ecosystem. Its findings? More venture capital—a 64 percent increase in the past five years—and more … Continue reading “Michigan VC Report Highlights Positive Trends”
From Career Ladder to Jungle Gym: Reid Hoffman Speaks at Babson
Seniors graduating last weekend from Babson College, the entrepreneurship-focused campus just outside Boston, were treated to a commencement speech from someone who’s got to be one of their biggest heroes: Reid Hoffman, the billionaire co-founder, executive chairman, and former CEO of LinkedIn. (He’s also an author, a venture investor with Greylock Partners, a member of numerous … Continue reading “From Career Ladder to Jungle Gym: Reid Hoffman Speaks at Babson”