This summer startup bash hosted by GrowDetroit and Wayne State’s Blackstone LaunchPad offers attendees the chance to network and participate in a panel discussion. After the Q&A, the party moves down the street to Traffic Jam & Snug, a restaurant in the Midtown area of Detroit. Click here to RSVP to this free event.
50+ Entrepreneur Peer Networking Meeting
Sponsored by BOOM! The New Economy, entrepreneurs in the “encore” stage of their careers are invited to attend to meet other Boomers interested in starting a new businesses.
Maker Faire Detroit
If you can make it, it will be displayed at Maker Faire Detroit—that means everything from robots to electronics to clothing. Tinkerers of every variety will be on hand at this family-friendly event sponsored by Make magazine. Booth space is still available; click here to apply. Event information and details can be found here.
SD Life Sciences Roundup: Celladon, Vertex, MediciNova, & More
Massachusetts’ Vertex and San Diego’s Celladon are advancing some promising gene therapy treatments. Here’s our roundup of life sciences news over the past week. —San Diego’s Celladon, which is developing a gene therapy to treat patients with a certain type of heart failure, extended a recent investment round by $10 million. Two new investors, MPM … Continue reading “SD Life Sciences Roundup: Celladon, Vertex, MediciNova, & More”
The Age of Big Data in Bioscience is Here: But Are We Prepared For It?
This panel discussion, presented by MIT Enterprise Forum of New York City, will examine the ramifications of the bioscience research community producing more sets of data in its quest to understand biology and manage disease. Panelists include Louis C. Cullman, partner at K&L Gates, Brett Davis, senior director of Oracle Health Sciences, and David Greenwald, co-founder and … Continue reading “The Age of Big Data in Bioscience is Here: But Are We Prepared For It?”
Modo Labs, One Year Into Kurogo, Talks Mobile and Education Tech Trends
Lately there has been a lot of talk about education technology in these parts. For example, MIT and Harvard are about to put more classes online with their new, $60 million edX partnership. But are universities really taking advantage of the latest tech trends? Though they were early adopters of the Web, they seem to … Continue reading “Modo Labs, One Year Into Kurogo, Talks Mobile and Education Tech Trends”
Credentialock Wants to Conquer the Global Verification Market
My mom keeps my college diploma in a frame on the wall of her home office, but the last time I saw my college transcripts, two apartments ago, they were sitting in a moving box along with a decade’s worth of tax returns. Luckily, in the journalism profession, one doesn’t generally need to keep track … Continue reading “Credentialock Wants to Conquer the Global Verification Market”
Xconomist of the Week: Len Schlesinger on Learning by Doing
Are successful entrepreneurs born with an innate sense that tells them which risky business bets will pay off? Or is this a skill that that can be learned over time? To Babson College President and Xconomist Leonard “Len” Schlesinger, the answer to both questions is yes. There are occasional business prodigies like Steve Jobs who … Continue reading “Xconomist of the Week: Len Schlesinger on Learning by Doing”
BetterCloud Raises $2.2M, Gets Bullish on Google Apps for Enterprise
Six-month-old New York-based BetterCloud announced today it raised $2.2 million in a seed round with angel investors and backing from its own CEO David Politis. Software-as-a-service provider BetterCloud focuses on developing security and management software for businesses that use the Google Apps platform. BetterCloud, founded last November, plans to use the funding towards development of … Continue reading “BetterCloud Raises $2.2M, Gets Bullish on Google Apps for Enterprise”
A Doctor’s-Eye View of Silicon Valley
What was a geeky doctor like me doing on an MIT Sloan entrepreneurship and innovation trek in Silicon Valley back in March? That was the big question, given that I’m 37 years old, trained as an anesthesiologist, and only started using a Twitter account a couple of weeks ago. Going on that tour was almost like … Continue reading “A Doctor’s-Eye View of Silicon Valley”
Is Natural Gas Really the Next Big Thing?
Is natural gas the new next big thing? It is called a revolution in energy and a game-changer. Daniel Yergin claims that “the rapidity and sheer scale of the shale breakthrough—and its effects on markets—qualified it as the most significant innovation in energy so far since the start of the twenty-first century.” The President has … Continue reading “Is Natural Gas Really the Next Big Thing?”
Jumptap, Mobext, and Razorfish Talk Ad Strategy at Mobile Media Upfront
The rabbit-like spread of smartphones and tablets offers marketers a personal way to reach consumers, but the industry is still sorting out how best to harness this platform. Much like the rise of online advertising, caution and curiosity framed the early days of mobile advertising. Brands might push ads or apps on to smartphones, but … Continue reading “Jumptap, Mobext, and Razorfish Talk Ad Strategy at Mobile Media Upfront”
BeyondTrust Acquires eEye to Block Attacks From Within and Without
Carlsbad, CA-based BeyondTrust, a network security company focused on protecting public companies against attacks from within, says it has acquired eEye Digital Security, a Phoenix, AZ-based company that helps defend networks from external threats. Financial terms were not disclosed. Both companies are private. Since moving to the San Diego area three years ago, BeyondTrust has … Continue reading “BeyondTrust Acquires eEye to Block Attacks From Within and Without”
Citrix Systems Acquires Virtual Computer for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8f3ff658-0769-4caa-bfb6-601944ec8ef5&Preview=1 Date 5/10/2012 Company Name Virtual Computer Mailing Address 3 LAN Drive Westford, MA 01886 Company Description Virtual Computer was founded in November, 2007 by virtualization and security veterans, Alex Vasilevsky and Dan McCall, who each have over 25 years of industry experience. Together, they have recruited one of the most experienced … Continue reading “Citrix Systems Acquires Virtual Computer for Undisclosed Sum”
Jumio Receives Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2b74d41a-66e3-4658-82d9-1e620d60ea0d&Preview=1 Date 5/10/2012 Company Name Jumio Mailing Address 1971 Landings Dr. Mountain View, CA 94043 Company Description The company provides an online and mobile payment system. Website http://www.jumio.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Series B Proceeds Purposes Citi saw a lot of potential for Jumio to innovate in … Continue reading “Jumio Receives Series B Financing”
Godengo Garners $6,800,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=49fb9853-1e77-4661-a29a-7ffbcb66b130&Preview=1 Date 5/10/2012 Company Name Godengo Mailing Address 2855 Telegraph Ave Berkeley, CA 94705 Company Description Godengo provides city & regional and lifestyle magazines with a strong online presence and networked advertising inventory, enabling them to effectively compete online. Website http://www.godengo.com Transaction Type Venture Equity Transaction Amount $6,800,000 Transaction Round Undisclosed Proceeds … Continue reading “Godengo Garners $6,800,000 New Financing Round”
Mixpanel Obtains $10,250,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f40ee349-e917-44c0-b829-a9468bd6e887&Preview=1 Date 5/10/2012 Company Name Mixpanel Mailing Address 589 Howard St. Floor San Francisco, CA 94105 Company Description Mixpanel is a real-time analytics service that helps companies understand how users interact with web applications. Website http://www.mixpanel.com Transaction Type Venture Equity Transaction Amount $10,250,000 Transaction Round Series A Proceeds Purposes The company will … Continue reading “Mixpanel Obtains $10,250,000 Series A Financing Round”
Coupa Software Garners $22,000,000 Series E Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7d1be882-01a0-4676-90a6-e40b17a1f6f9&Preview=1 Date 5/10/2012 Company Name Coupa Software Mailing Address 100 S. Ellsworth Ave San Mateo, CA 94401 Company Description Coupa was founded in 2006 to fulfill the promise of effective procurement for companies of all sizes. Coupa simplifies purchasing for employees while providing much-needed control for the purchasing department. Website http://www.coupa.com Transaction … Continue reading “Coupa Software Garners $22,000,000 Series E Funding Round”
Flint Mobile Lands $3,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b5f45246-74dd-408a-8c85-e6fe6d47a420&Preview=1 Date 5/10/2012 Company Name Flint Mobile Mailing Address 791 Middlefield Rd. Redwood City, CA 94063 Company Description Get started in minutes. With Flint there’s no merchant account headaches or upfront costs. It’s a simple online signup process. All you need is the app, there’s no waiting to get a card reader … Continue reading “Flint Mobile Lands $3,000,000 Series A Financing Round”
Apcera Obtains $2,200,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=735d1ead-a993-43f0-bb0b-f3498ad8df99&Preview=1 Date 5/10/2012 Company Name Apcera Mailing Address Undisclosed Mountain View, CA 94065 Company Description Apcera is creating a next generation cloud platform. Website http://www.apcera.com Transaction Type Venture Equity Transaction Amount $2,200,000 Transaction Round Undisclosed Proceeds Purposes The funding came from Andreesen Horowitz, Kleiner Perkins and True Ventures (see disclosure), and will … Continue reading “Apcera Obtains $2,200,000 New Round”
EMC Acquires XtremIO for $430,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3701f4d8-a636-4792-bed4-147e68e31821&Preview=1 Date 5/10/2012 Company Name XtremIO Mailing Address 25 Metro Dr San Jose, CA 95110 Company Description XtremIO is a privately held, venture-backed company founded in 2009. We are developing breakthrough storage system solutions based on innovative architecture and storage algorithms, utilizing solid-state drive (SSD) technologies. Our storage solutions address the growing … Continue reading “EMC Acquires XtremIO for $430,000,000”
BA-Insight Lands $4,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a171472a-a0ff-4d59-9025-789a05dcb537&Preview=1 Date 5/10/2012 Company Name BA-Insight Mailing Address 60 East 42nd Street New York, NY 10165 Company Description BA-Insight provides information access solutions that helps Fortune 1000 companies and government organizations improve operations by making better use of their data. Website http://www.ba-insight.net Transaction Type Venture Equity Transaction Amount $4,000,000 Transaction Round Undisclosed … Continue reading “BA-Insight Lands $4,000,000 New Financing Round”
MTLC Mobile Summit: The Next Generation
This conference, focused on the next generation in mobility, has a twist. It will feature so-called knowledge sharing sessions, where attendees and a couple of facilitators will determine the direction of the discussion. Register here to get in on the action.
Willow Garage Spins Off Open Source Robotics Foundation
It’s a rite of passage in the software world: Once the community around an open-source application, operating system, or language grows large enough, the creators often set up an independent, non-profit organization to oversee future growth. It happened with basic Web tools like the Apache Web server back in the 1990s, and now it’s starting … Continue reading “Willow Garage Spins Off Open Source Robotics Foundation”
IDRI, Aeras Team Up to Develop Tuberculosis Vaccine
A lot of people think tuberculosis is a thing of the past, but it remains one of the most deadly diseases in the world. Now the Seattle-based Infectious Disease Research Institute is getting ready to take it on with a new vaccine being prepped for clinical trials. IDRI said today it has formed a partnership … Continue reading “IDRI, Aeras Team Up to Develop Tuberculosis Vaccine”
Acme Packet, Constant Contact, & Terrafugia CEOs Join XSITE on June 14
Here at Xconomy we are gearing up for our biggest event of the year: XSITE (the Xconomy Summit on Innovation, Technology, & Entrepreneurship) on June 14 at Babson College. Tickets have been going fast, but you can still register here. The theme for this year’s event, our fourth annual summertime summit, is Accelerating Innovation. And … Continue reading “Acme Packet, Constant Contact, & Terrafugia CEOs Join XSITE on June 14”
Amazon Takes Over: How a Flood of People Could Remake Seattle
In Seattle, the future is pretty easy to find. Just head to Amazon.com’s neighborhood. Just a few years ago, this corner of the city was dominated by warehouses and cheap rentals. It was a mostly forgotten area, infamous for the rush-hour traffic that piled up as drivers fled to the freeway. Today, the place is … Continue reading “Amazon Takes Over: How a Flood of People Could Remake Seattle”
A 10-Point Plan to Stimulate Biotech & the Economy as a Whole
AN OPEN LETTER TO PRESIDENT OBAMA Dear President Obama: As you and the rest of our nation’s leadership grapple with the momentous questions of restoring our collective financial stability and eminence, I am hopeful that some lessons from my background as an immigrant—now naturalized citizen—might prove instructive. The undeniable fact that runs throughout all the … Continue reading “A 10-Point Plan to Stimulate Biotech & the Economy as a Whole”
NY’s Cancer Research Institute Looks to Boost Cancer Immunotherapy
When the Cancer Research Institute was founded in 1953 in New York, it set out to pursue an idea that was radical at the time—the notion that mobilizing the body’s innate immune mechanisms could be the key to fighting cancer. Since then, the organization has supported students studying cancer immunology, funded academic research, and even … Continue reading “NY’s Cancer Research Institute Looks to Boost Cancer Immunotherapy”
Facebook and the Opportunity for eCommerce Entrepreneurs
The pieces are in place for Facebook’s IPO next week—not only has the company set its stock price range and updated its Q1 numbers, it has also attempted to de-risk the biggest perceived risk in the first draft of its S-1: exposure to mobile competition. Facebook bought Instagram for $1 billion, which ostensibly will help it approach … Continue reading “Facebook and the Opportunity for eCommerce Entrepreneurs”
SessionM, PlumChoice, Mojo Motors, and More Boston Dealmakers
Plenty of deal activity this week in New England mobile, biotech, Internet, and IT startups. —Newton, MA-based sleep management technology startup Zeo added another $2 million to the $1 million debt financing it raised last fall, according to an SEC filing. It’s now targeting a total round size of $5 million. —Vanu Coverage, a maker of … Continue reading “SessionM, PlumChoice, Mojo Motors, and More Boston Dealmakers”
SessionM Lands $20,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4a380d23-76bd-499c-b0ff-ba348661c249&Preview=1 Date 5/9/2012 Company Name SessionM Mailing Address 311 Summer Street First Floor Boston, MA 02210 Company Description SessionM has built a solution that fixes the problem of audience engagement and retention for developers, while delivering exciting new advertising experiences for brands. Website http://www.sessionm.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction … Continue reading “SessionM Lands $20,000,000 Series B Funding Round”
EveryMove Receives $2,600,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fc26edab-4fe2-41d7-8cba-3434155c80a1&Preview=1 Date 5/9/2012 Company Name EveryMove Mailing Address 2607 2nd Avenue Seattle, WA 98121 Company Description We are a team of dedicated healthcare entrepreneurs and technologists who believe that by working together we can inspire each other to better health. We call this the EveryMove Movement and we want you to join … Continue reading “EveryMove Receives $2,600,000 Series A Funding”
Ze Frank Obtains $200,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=06091a48-e7e5-4492-86ab-00e8da5f4762&Preview=1 Date 5/9/2012 Company Name Ze Frank Mailing Address 3381 Robertson Place Los Angeles, CA 90034 Company Description The company is developing technologies around the theme of “Social network meets social game.” Website http://www.zefrank.com Transaction Type Venture Equity Transaction Amount $200,000 Transaction Round Undisclosed Proceeds Purposes The company intends to use the … Continue reading “Ze Frank Obtains $200,000 New Financing”
EdenIQ Secures $30,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=88838090-1f61-40a8-b205-7f9c52135bd6&Preview=1 Date 5/9/2012 Company Name EdenIQ Mailing Address 2505 N. Shirk Road Visalia, CA 93291 Company Description EdeniQ’s scientists are pursuing solutions that cost-effectively convert abundant, non-food biomass into fuels. Making fuels from agricultural waste such as corn stover, sugarcane bagasse, rice straw and woodchips takes the controversy out of biofuels and … Continue reading “EdenIQ Secures $30,000,000 New Funding”
EdenIQ Obtains $30,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=88838090-1f61-40a8-b205-7f9c52135bd6&Preview=1 Date 5/9/2012 Company Name EdenIQ Mailing Address 2505 N. Shirk Road Visalia, CA 93291 Company Description EdeniQ’s scientists are pursuing solutions that cost-effectively convert abundant, non-food biomass into fuels. Making fuels from agricultural waste such as corn stover, sugarcane bagasse, rice straw and woodchips takes the controversy out of biofuels and … Continue reading “EdenIQ Obtains $30,000,000 New Round”
Virurl Lands $1,200,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=95baf1c4-3833-4fb4-8707-f361bfdcc9e3&Preview=1 Date 5/9/2012 Company Name Virurl Mailing Address 137 Bay Street Santa Monica, CA 90405 Company Description VIRURL is an online marketplace that allows brands to create instant viral advertising campaigns on the web. The VIRURL platform enables marketers to launch viral campaigns by compensating Internet users to share videos, articles, music, … Continue reading “Virurl Lands $1,200,000 Seed Funding”
Vestaron Lands $10,200,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3bb3f36c-51c6-4093-b60e-1cf96ac6fb03&Preview=1 Date 5/9/2012 Company Name Vestaron Mailing Address 4717 Campus Drive Kalamazoo, MI 49008 Company Description Vestaron Corporation is developing a new generation of insecticides by employing peptides sourced from spiders – insecticides that are ideally suited for the environmentally conscious, twenty-first century. Over 50 unique, spider-venom peptides with novel sites of … Continue reading “Vestaron Lands $10,200,000 Series B Financing”
Future Simple Secures $6,800,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=60a65b0e-615a-4aba-a471-217549c05f54&Preview=1 Date 5/9/2012 Company Name Future Simple Mailing Address 2551 N. Clark Chicago, IL 60614 Company Description The company develops software that helps small businesses grow their business. Website http://www.futuresimple.com Transaction Type Venture Equity Transaction Amount $6,800,000 Transaction Round Series B Proceeds Purposes The company will use the proceeds to continue and … Continue reading “Future Simple Secures $6,800,000 Series B Funding Round”
Yodlee Secures $8,309,780 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=656d8a61-cf3a-4647-9fa1-2cdcf3b43cbc&Preview=1 Date 5/9/2012 Company Name Yodlee Mailing Address 3600 Bridge Parkway Redwood City, CA 94065 Company Description Yodlee delivers innovative financial applications that make online banking more profitable. Yodlee’s patented software solutions help consumers achieve greater financial awareness, control, and satisfaction through the online channel. It’s what we call Smarter Online Banking. … Continue reading “Yodlee Secures $8,309,780 New Financing”
iScience Interventional Lands $5,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7848b4d5-7185-40f6-9a5d-bf46f449a340&Preview=1 Date 5/9/2012 Company Name iScience Interventional Mailing Address 4055 Campbell Avenue Menlo Park, CA 94025 Company Description iScience Interventional discovers and develops microcatheter and imaging technologies that enable ophthalmologists to deliver site-specific ocular therapies. Website http://www.iscienceinterventional.com Transaction Type Debt Transaction Amount $5,000,000 Transaction Round Undisclosed Proceeds Purposes The company will use … Continue reading “iScience Interventional Lands $5,000,000 New Financing Round”
Leap Motion Secures $12,750,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dc82c5be-b7ff-4ccc-8f77-f2279ffd7a7a&Preview=1 Date 5/9/2012 Company Name Leap Motion Mailing Address 333 Bryant St San Francisco, CA 94107 Company Description Leap Motion is a stealth company currently developing motion control technology that is radically more powerful and also significantly less costly than anything currently available. Website http://www.leapmotion.com Transaction Type Venture Equity Transaction Amount $12,750,000 … Continue reading “Leap Motion Secures $12,750,000 Series A Round”
General Dynamics Acquires IPWireless for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cef7a602-9783-4fd4-9dce-14423d97cfcb&Preview=1 Date 5/9/2012 Company Name IPWireless Mailing Address 90 New Montgomery Street San Francisco, CA 94105 Company Description IPWireless enhances the performance of global wireless standards to deliver advanced next generation mobile broadband and multimedia solutions. These end-to-end solutions are being deployed by leading mobile operators and public safety agencies to offer … Continue reading “General Dynamics Acquires IPWireless for Undisclosed Sum”
Etsy Obtains $40,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4f057030-296a-47fe-9167-34834842ca2e&Preview=1 Date 5/9/2012 Company Name Etsy Mailing Address 55 Washington Street Brooklyn, NY 11201 Company Description The company operates an online marketplace for buying and selling all things handmade. Website http://www.etsy.com Transaction Type Venture Equity Transaction Amount $40,000,000 Transaction Round Undisclosed Proceeds Purposes What do we plan to do with the money … Continue reading “Etsy Obtains $40,000,000 New Round”
adapt.ly Secures $10,500,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d878ccc1-946f-418b-bceb-692e12547996&Preview=1 Date 5/9/2012 Company Name adapt.ly Mailing Address 301 W. 53rd St. New York, NY 10019 Company Description Adapt.ly constantly monitors advertising data and provides actionable intelligence to constantly improve your ad campaigns. Website http://www.adapt.ly Transaction Type Venture Equity Transaction Amount $10,500,000 Transaction Round Series B Proceeds Purposes Proceeds purposes will be … Continue reading “adapt.ly Secures $10,500,000 Series B Round”
Ziften Technologies Obtains $5,500,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e5a7afbf-3b96-42e2-ad1f-40bedcf6627b&Preview=1 Date 5/9/2012 Company Name Ziften Technologies Mailing Address 2901 Via Fortuna Ausitn, TX 78746 Company Description Ziften Technologies is the first software vendor to control what runs and how it runs on enterprise Windows desktops and laptops. With extensive experience deploying behavioral software to more than 150 million systems worldwide, Ziften … Continue reading “Ziften Technologies Obtains $5,500,000 Series B Financing Round”
CopperEgg Garners $2,100,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=27a02b57-108a-4a4e-b70e-e6c7e29f9222&Preview=1 Date 5/9/2012 Company Name CopperEgg Mailing Address 811 Trinity Austin, TX 78701 Company Description At CopperEgg, everything we do has meaning and a purpose. From naming our company to our approach to product development and our commitment to innovation, the CopperEgg team and our investors are committed to making a difference … Continue reading “CopperEgg Garners $2,100,000 Series A Financing Round”
Seattle Genetics Misses 1st Quarter Sales Estimate, But Sees $1B Future
Seattle Genetics fell short of Wall Street’s quarterly sales expectations for its new lymphoma drug, but the company boldly declared today that it sees its first drug becoming a billion-dollar blockbuster over time. The Bothell, WA-based company (NASDAQ: [[ticker:SGEN]]) said today it generated $34.5 million in net product sales in the first quarter, about a … Continue reading “Seattle Genetics Misses 1st Quarter Sales Estimate, But Sees $1B Future”
Magna E-Car Systems: A Hybrid-Electric Success Story
In late March, the Center for Automotive Research (CAR) announced that it had decided to cancel its 2012 Business of Plugging In (BPI) conference, one of the biggest annual confabs dedicated to electric vehicles in the nation. The first Business of Plugging In conference was held in 2009. According to its website, the 2010 conference … Continue reading “Magna E-Car Systems: A Hybrid-Electric Success Story”
San Diego’s MediciNova Nears Turning Point with Lead Drug for Asthma
[Corrected 5/7/12, 5:10 pm. See below.] When Yuichi Iwaki started MediciNova in 2000, he says many mid-size pharmaceutical companies in Japan had concluded it was just too difficult to conduct their own clinical trials in the United States. So MediciNova was born of a kind of Japanese pragmatism. “Mid-size Japanese companies did not have the … Continue reading “San Diego’s MediciNova Nears Turning Point with Lead Drug for Asthma”