Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4f21fa4f-1919-47b5-9760-fde25f33a92d&Preview=1 Date 3/20/2012 Company Name Albeo Technologies Mailing Address 2108 55th St. Boulder, CO 80301 Company Description AlbEO Technologies, Inc. is a privately funded start-up in Boulder Colorado with a Mission to combine art, design, and technology to create lighting systems with superior performance, superior reliability, and dramatically reduced power consumption. Website … Continue reading “Albeo Technologies Lands $8,000,000 New Round”
Albeo Technologies Receives $8,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4f21fa4f-1919-47b5-9760-fde25f33a92d&Preview=1 Date 3/20/2012 Company Name Albeo Technologies Mailing Address 2108 55th St. Boulder, CO 80301 Company Description AlbEO Technologies, Inc. is a privately funded start-up in Boulder Colorado with a Mission to combine art, design, and technology to create lighting systems with superior performance, superior reliability, and dramatically reduced power consumption. Website … Continue reading “Albeo Technologies Receives $8,000,000 New Financing”
Event Video
EMC-Isilon Acquires Storage Software Partner Likewise
One of the biggest recent acquisitions in the Seattle area is paying some more dividends today. EMC’s Isilon storage division, which was added to the IT behemoth in a $2.25 billion deal two years ago, is now acquiring Bellevue, WA-based Likewise Software. No price was given in the announcement from Likewise CEO Barry Crist, and … Continue reading “EMC-Isilon Acquires Storage Software Partner Likewise”
Amazon Buying Warehouse Tech Company Kiva Systems for $775M
Updated 3:30 pm Pacific Amazon.com is calling on armies of robots to help it get the most out of a rapidly expanding national distribution system—and those robots already work for some other well-known names in retail. The Seattle e-commerce pioneer (NASDAQ: [[ticker:AMZN]]) announced Monday that it plans to buy Kiva Systems, a supplier of planning … Continue reading “Amazon Buying Warehouse Tech Company Kiva Systems for $775M”
Venture MI II Invests $15M in Wisconsin Early-Stage Fund
Venture Michigan Fund II announced today that it has made a $15 million investment in Venture Investors Early Stage Fund V, a Madison, WI-based operation with an office in Ann Arbor, MI that focuses on investing in startups spun out of technology from midwestern universities. Venture Investors is expected to make 15 to 18 investments in … Continue reading “Venture MI II Invests $15M in Wisconsin Early-Stage Fund”
Why WebMD Is History: The Next Generation of Web-Based Medicine
The healthcare industry has been waiting a long time for its “2.0” moment. As social networks like Facebook and LinkedIn exploded in the late 2000s, so did e-commerce, enterprise SaaS, and cloud services. Business models, features and strategies have all dramatically evolved in the past decade and the valuations of many IT companies have taken … Continue reading “Why WebMD Is History: The Next Generation of Web-Based Medicine”
Medivo Leverages Mobile Strategy to Get Ahead in Health Information
With the world awash in health IT startups, New York’s Medivo is battling to prove it is different from other startups in this sector. So on March 7, the company—which operates a Web and mobile platform that connects doctors to their patients—acquired NYC neighbor WellApps, which creates mobile apps for monitoring symptoms of serious intestinal … Continue reading “Medivo Leverages Mobile Strategy to Get Ahead in Health Information”
San Diego Tech Roundup: Givit, ID Analytics, and Rain on the Parade
—A steady rain is lingering this morning from the monster storm that blew through San Diego over the weekend. Also lingering is what you might call my “curiosity of the week:” Don Casey resigned as CEO of the San Diego-based West Wireless Health Institute, just two years after he was lured from Johnson & Johnson’s … Continue reading “San Diego Tech Roundup: Givit, ID Analytics, and Rain on the Parade”
Kala Funnels $6.2M Into New Drugs for Eye and Lung Diseases
Mucus may be the butt of many a second grader’s jokes, but it actually plays a vital biological role—protecting our organs from harmful foreign particles by trapping them and shuttling them out of the body. Sometimes, though, mucus itself becomes the problem. In the lung disease cystic fibrosis, for example, super-thick mucus impedes breathing and … Continue reading “Kala Funnels $6.2M Into New Drugs for Eye and Lung Diseases”
New York Biotechnology Association 21st Annual Meeting
“Emergence” is the theme of this two-day conference of the New York Biotechnology Association. The meeting will feature discussions about advances in hepatitis C, oncology immunotherapy, and rheumatoid arthritis, in a panel series called “Way Cool Bio-Sci-Tech.” Keynote speakers include Prabhu Pingali, deputy director of the Bill & Melinda Gates Foundation, Marc Tessier-Lavigne, president of … Continue reading “New York Biotechnology Association 21st Annual Meeting”
Top 10 Quotes From Mobile Madness: Apple Vs. Facebook, OLPC, & More
Hello, I am a recovering Mobile Madness 2012 organizer. I’d like to give huge props to the 350+ people who attended and participated last week, and very special thanks to our speakers, sponsors, and host, Microsoft NERD. (The day is depicted in photos here.) It was a memorable afternoon indeed. So memorable, in fact, that … Continue reading “Top 10 Quotes From Mobile Madness: Apple Vs. Facebook, OLPC, & More”
Biotech’s New Frontier: Europe?
Plenty of places in the world are messed up, but Europe has been near the top of the list lately. If all the horrible scenarios play out, this will be the year the euro collapses, the European Union fractures, and some economically advanced countries could go bust. Yet while the world financial system holds its … Continue reading “Biotech’s New Frontier: Europe?”
Bootstrappers Breakfast: Join Other Entrepreneurs Who Eat Problems For Breakfast
The Bootstrappers Breakfast has been meeting in Silicon Valley since 2003, and SKMurphy began holding the peer networking breakfasts in San Diego in late 2010. For a small fee, plus the cost of breakfast and a tip, the Bootstrappers Breakfast holds conversations about growing a business based on internal cash-flow. This is not for entrepreneurs … Continue reading “Bootstrappers Breakfast: Join Other Entrepreneurs Who Eat Problems For Breakfast”
Reinventing Fire with Amory Lovins
Amory Lovins is reinventing fire—and CleanTECH San Diego, the California Center for Sustainable Energy, and Xconomy are bringing him to San Diego to explain how it can be done. In his latest book, Reinventing Fire, Lovins argues that it is possible for the U.S. to run in 2050—without oil, coal, or nuclear power—and in ways … Continue reading “Reinventing Fire with Amory Lovins”
Xconomy Mobile Madness 2012: Total Mobility in Pictures
There may be fervor around college basketball this month, but we’d like to think we drum up some pretty intense excitement around the mobile industry in March. Xconomy held its fourth Mobile Madness forum on Wednesday at Microsoft’s New England Research and Development Center in Cambridge, MA. Audience members packed in to hear the massively … Continue reading “Xconomy Mobile Madness 2012: Total Mobility in Pictures”
Sanofi Acquires Pluromed for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d1058d00-b31a-4262-b061-e33bd23b4498&Preview=1 Date 3/19/2012 Company Name Pluromed Mailing Address 175-F New Boston Street Woburn, MA 01801 Company Description Pluromed, Inc. is an early-stage medical technology company pioneering the use of injectable plugs to improve the safety, efficacy and economics of medical interventions. The Company develops, manufactures and markets a family of disposable medical … Continue reading “Sanofi Acquires Pluromed for Undisclosed Sum”
Placed Secures $3,400,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=44c0136e-5f51-489a-af10-5bdb0cca30b3&Preview=1 Date 3/19/2012 Company Name Placed Mailing Address Undisclosed Seattle, WA 98104 Company Description The company’s “Placed for Developers” service is designed to help app developers better understand location analytics. Website http://www.placed.com Transaction Type Venture Equity Transaction Amount $3,400,000 Transaction Round Series A Proceeds Purposes The company is using funding for opening … Continue reading “Placed Secures $3,400,000 Series A Funding Round”
Social Rewards Garners $600,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5f288855-ea4e-4e79-9ea5-4302001accd7&Preview=1 Date 3/19/2012 Company Name Social Rewards Mailing Address 21250 Hawthorne Blvd Torrance, CA 90503 Company Description Loyalty Marketing Programs for Businesses Social Rewards is a simple way to reward your brand enthusiasts with loyalty program reward points for their Social Media activity! Website http://www.socialrewards.com Transaction Type Debt Transaction Amount $600,000 Transaction … Continue reading “Social Rewards Garners $600,000 New Round”
DramaFever Lands $4,500,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=367406a1-8a73-4555-935d-acf64e869aca&Preview=1 Date 3/19/2012 Company Name DramaFever Mailing Address 252 W. 38Th Street New York, NY 10018 Company Description We created DramaFever to give you a better way to find and enjoy the best TV and movies from around the world, and create a community we hope you enjoy being a part of. … Continue reading “DramaFever Lands $4,500,000 Series B Round”
Amazon.com Acquires Kiva Systems for $775,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9f5368ec-baee-4b2f-bded-2020514d881d&Preview=1 Date 3/19/2012 Company Name Kiva Systems Mailing Address 300 Riverpark Dr. North Reading, MA 01864 Company Description Kiva is focused on solving real problems in the supply chain. CEO and Founder Mick Mountz experienced the challenges of existing material handling systems first hand while working at online grocer Webvan. Website http://www.kivasystems.com … Continue reading “Amazon.com Acquires Kiva Systems for $775,000,000”
EMC Acquires Likewise Software for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0a3dd6ec-885c-4a5a-aae8-c89c87d0e5a8&Preview=1 Date 3/19/2012 Company Name Likewise Software Mailing Address 15395 SE 30th Place Bellevue, WA 98007 Company Description Likewise makes an integrated software platform, Likewise Storage Services, for identity, security and storage used by market-leading OEM storage vendors including Riverbed, EMC and HP. In addition, Likewise Data Analytics and Governance is an … Continue reading “EMC Acquires Likewise Software for Undisclosed Sum”
Tokyo Electron Acquires NEXX Systems for $206,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7a0d33a7-1c01-4814-bff3-bc58e10f7805&Preview=1 Date 3/18/2012 Company Name NEXX Systems Mailing Address 900 Middlesex Turnpike Bldg. 6 Billerica, MA 01821 Company Description NEXX Systems was founded in August 2001 through the acquisition from MKS Instruments of the ASTeX systems group. The sale comprised the purchase of the Nimbus product line of sputter deposition systems and … Continue reading “Tokyo Electron Acquires NEXX Systems for $206,000,000”
Vox Mobile Receives $7,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b2d085f1-3fed-40d1-8b7f-e686511922a0&Preview=1 Date 3/17/2012 Company Name Vox Mobile Mailing Address 6200 Oak Tree Blvd Independence, OH 44131 Company Description Since 2004, Vox Mobile has been earning the trust of hundreds of organizations from across the US and Canada by providing the software, services, and support that comprise every aspect of a mobility-focus IT … Continue reading “Vox Mobile Receives $7,500,000 New Round”
Quizzle: ‘Cracking the Nut’ of Online Personal Finance in a Down Economy
In its first year of operation, Detroit-based startup Quizzle, one of the many under the sprawling QuickenLoans umbrella, handed out free credit reports as a way to entice users. More than a million people signed up for the site. During Quizzle’s second year of operation, it began offering users products to help clean up their … Continue reading “Quizzle: ‘Cracking the Nut’ of Online Personal Finance in a Down Economy”
Concur’s Steve Singh, DocuSign, Founder’s Co-op Among WTIA Winners
Even South by Southwest hangovers and the start of March Madness couldn’t keep people away from the Washington Technology Industry Association‘s annual Industry Achievement Awards, held once again at the Showbox Sodo. But if you couldn’t join the hundreds who made it for last night’s show and shindig—or just cobbled together too many drink tickets … Continue reading “Concur’s Steve Singh, DocuSign, Founder’s Co-op Among WTIA Winners”
Ex-Vertica/HP Honcho Lynch Talks Next Steps, New Big Data Investments
“I’m a fighter. I’m only happy when I’m in some kind of battle.” That would be Chris Lynch, the former CEO of Vertica Systems, the Cambridge, MA-based data analytics firm acquired by Hewlett-Packard for some $300 million a year ago. Lynch is looking for his next battle right now, since he left HP and Vertica … Continue reading “Ex-Vertica/HP Honcho Lynch Talks Next Steps, New Big Data Investments”
OncoGenex Snags $50M for Prostate Cancer Drug Plan
OncoGenex Pharmaceuticals decided it needed to spend more money on the final stage of clinical trials for its prostate cancer drug, so today it went out and raised a lot more cash. The Bothell, WA and Vancouver, BC-based company (NASDAQ: [[ticker:OGXI]]) said today it has raised $50 million through an underwritten stock offering. The company … Continue reading “OncoGenex Snags $50M for Prostate Cancer Drug Plan”
Former CEO Chris Lynch Out at Vertica/HP: What’s Next?
The golden handcuffs are off, it appears. Chris Lynch, the former CEO of Vertica, the big-data analytics company acquired by Hewlett-Packard a year ago, has left the company. The news was first reported by SiliconAngle this morning. It’s not a big surprise—CEOs leaving a year after being acquired is one of the more predictable things … Continue reading “Former CEO Chris Lynch Out at Vertica/HP: What’s Next?”
PartnerConnect 2012
This three-day Thomson Reuters conference will feature hundreds of speakers from the private equity and venture capital industries, and will include an entrepreneurship track hosted by Xconomy. The Xconomy program will feature entrepreneurs from Foursquare, Fab.com, and Heartland Robotics, who will discuss their strategies. Register here.
FinTech Leaders: Navigating Rough Seas and Uncharted Courses to Great Success
MIT Enterprise Forum of New York City presents this evening panel discussion on FinTech entrepreneurship. Larry Kramer, former CEO and Founder of MarketWatch, will moderate a panel featuring Philippe Buhannic, CEO of TradingScreen, Todd Harrison, founder and CEO of Minyanville Media, Peter Lehrman, CEO of AxialMarket, and Ryan Terpstra, founder & CEO of Selerity. Register here.
NYC Startup Job Fair
This third annual job fair is designed to match up recent college graduates with startups looking to hire. Last year’s event attracted 40 startups with 300 open positions. All hiring companies and applicants must register here.
Patents 101: Everything You Always Wanted to Know About Patents
Columbia Technology Ventures presents this workshop with Jeffrey M. Sears, associate general counsel for Columbia University. Sears will present a primer focusing on what entrepreneurs need to know to preserve patent protection on inventions. Register here.
TV and Video Going Online and Social: The Next Generation
MIT Enterprise Forum of New York City presents a panel discussion on the impact of social media on TV, with representatives from four companies that are working at that intersection. Panelists include Robert May of Ringz.TV, Sean Morgan of Critical Media, Kimber Myers of GetGlue, and Adi Sideman of YouNow. The panel will be moderated … Continue reading “TV and Video Going Online and Social: The Next Generation”
Life Sciences News Roundup: InflammaGen, HemaQuest, ImThera & More
A spate of funding deals were disclosed over the past week, including a sizable investment in San Diego’s Allylix, an industrial biotechnology startup. —San Diego’s HemaQuest Pharmaceuticals said it raised $13 million in an extension of its Series B funding round to support a mid-stage trial of its experimental drug for patients with sickle cell … Continue reading “Life Sciences News Roundup: InflammaGen, HemaQuest, ImThera & More”
Bikes and Business: Can Cities Cycle Their Way To Prosperity?
I’ve been in Boston this week, attending Xconomy’s big Mobile Madness conference and hanging out with my colleagues in our Cambridge, MA, headquarters. For all the debate among startup entrepreneurs about whether Boston or Silicon Valley is a better place to start a company, I’ve been reminded during my visit that Boston has a huge … Continue reading “Bikes and Business: Can Cities Cycle Their Way To Prosperity?”
Peter Schultz on New Merck-Funded Institute: ‘We’re Getting Lots of Resumes’
Merck made big news in San Diego yesterday when it said it is committing $90 million over seven years to a new nonprofit drug discovery shop led by chemist Peter Schultz. I caught up with Schultz briefly yesterday by phone to gather more information about the institute, called the California Institute for Biomedical Research (Calibr). … Continue reading “Peter Schultz on New Merck-Funded Institute: ‘We’re Getting Lots of Resumes’”
Groove Biopharma Joins Stellar Lineup at “Reinventing Biotech” Apr. 3
Groove Biopharma, one of the edgy biotech startups at Seattle’s Accelerator, could have easily raised $20 million based on the scientific goals it reached last year. That almost certainly would have been the case in 2005, 2006, or 2007. But since Groove hit its milestones in the post-downturn era, it pulled in $6 million and was … Continue reading “Groove Biopharma Joins Stellar Lineup at “Reinventing Biotech” Apr. 3″
The Greater Seattle Brain Science Cluster
[Update: 3/29/12 2:10 pm PT] Seattle has a lot of biotech talent, but not every major field of research is strong here, and I’d say it’s mostly an oncology, immunology, and infectious disease (global health) kind of town. Never in my time covering the local scene has it occurred to me think of Seattle a … Continue reading “The Greater Seattle Brain Science Cluster”
In Boston Life Sciences News: Akili, Kala, And Genocea
Drug developers and a new health-focused video game startup made the New England life sciences news this week. Yes, you read that correctly. —Akili Interactive Labs is hoping to be the first with a video game approved by the FDA as a medical device. The startup was founded by Boston’s PureTech Ventures and draws on … Continue reading “In Boston Life Sciences News: Akili, Kala, And Genocea”
Lumeris Acquires NaviNet for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4c35167e-3e91-4e06-b023-c58b77491ed2&Preview=1 Date 3/16/2012 Company Name NaviNet Mailing Address 179 Lincoln Street Boston, MA 02111 Company Description NaviNet was founded in 1998 on the basis that America’s healthcare industry can be made more inclusive, transparent and cost-effective by connecting providers, health plans and industry partners in real-time. Website http://www.navinet.net Transaction Type M&A Transaction … Continue reading “Lumeris Acquires NaviNet for Undisclosed Sum”
Apptio Receives $50,000,000 Series D Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=239481d6-b920-4921-8b1e-7282aea43497&Preview=1 Date 3/16/2012 Company Name Apptio Mailing Address 225 108th Ave. NE. 2nd floor Bellevue, WA 98004 Company Description Apptio is an early stage software-as-a-service (SaaS) company focused on enabling IT organizations to optimize their services and operations. Website http://www.apptio.com Transaction Type Venture Equity Transaction Amount $50,000,000 Transaction Round Series D Proceeds … Continue reading “Apptio Receives $50,000,000 Series D Financing”
PixyKids Secures $3,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4edf8b39-1f44-4170-b553-02f6c77fd864&Preview=1 Date 3/16/2012 Company Name PixyKids Mailing Address 618 Santa Cruz Ave Menlo Park, CA 94025 Company Description PixyKids is building an engaging social media and interactive platform for kids aged 6-12 where they can explore their interesta and share with friends, whether it’s through styling their avatar, creating original content, playing … Continue reading “PixyKids Secures $3,000,000 New Round”
500Friends Obtains $4,500,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=483290b4-3486-4086-b60e-331ef1aa6b62&Preview=1 Date 3/16/2012 Company Name 500Friends Mailing Address 115 Sansome Street 15th Floor San Francisco, CA 94104 Company Description 500Friends Inc. is a developer of a social loyalty and rewards platform for retailers. Website http://www.500friends.com Transaction Type Venture Equity Transaction Amount $4,500,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not … Continue reading “500Friends Obtains $4,500,000 Series A Funding”
Koding Receives $2,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6c5b4b0c-f090-4ab3-9de1-8bae70885736&Preview=1 Date 3/16/2012 Company Name Koding Mailing Address Undisclosed San Francisco, CA 94110 Company Description The company provides cloud computing services. Website http://www.kodingen.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor RTP Ventures Venture Investor Greycroft Partners
StyleSeat Obtains $775,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8565aa67-0569-45a1-8f05-bfdb98b3c670&Preview=1 Date 3/16/2012 Company Name StyleSeat Mailing Address Undisclosed San Francisco, CA 94123 Company Description StyleSeat is the online destination for beauty & wellness professionals and clients. Professionals can showcase their work, connect with new and existing clients, and build their business. Clients can discover new services and providers, book appointments online, … Continue reading “StyleSeat Obtains $775,000 New Financing”
Google Acquires Milk for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=18076eab-0636-4dd0-82bf-6f5333e16986&Preview=1 Date 3/16/2012 Company Name Milk Mailing Address Undisclosed San Francisco, CA 94123 Company Description The company develops mobile applications. Website http://www.milkinc.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed by the parties.
Boxcar Garners $150,000 Seed Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=74c146eb-b96c-4815-900b-9626d5e75a64&Preview=1 Date 3/16/2012 Company Name Boxcar Mailing Address 27 W 24th Street New York, NY 10010 Company Description Real-time push notification service Boxcar, currently available on both iOS and Mac OS X. Website http://www.boxcar.io Transaction Type Venture Equity Transaction Amount $150,000 Transaction Round Seed Proceeds Purposes The additional funding will be used … Continue reading “Boxcar Garners $150,000 Seed Financing Round”
Brandwatch Secures $6,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=82b06ff1-ed75-45d7-9451-fd9365ace006&Preview=1 Date 3/16/2012 Company Name Brandwatch Mailing Address 275 Seventh Avenue 20th Floor New York, NY 10001 Company Description Brandwatch is one of the world’s leading tools for monitoring and analysing social media. Today, social networks and the rest of the web are massive indicators of consumer influence, market insights and brand … Continue reading “Brandwatch Secures $6,000,000 New Funding Round”
Tepha Obtains $11,346,654 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4e70e2f6-ea06-4f12-aa26-6fcce75a6a3b&Preview=1 Date 3/16/2012 Company Name Tepha Mailing Address 99 Hayden Avenue East Wing Lexington, MA 02421 Company Description Tepha is a medical device firm engaged in the development of a new range of absorbable devices for therapeutic applications. Website http://www.tepha.com Transaction Type Venture Equity Transaction Amount $11,346,654 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Tepha Obtains $11,346,654 New Round”