Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0753195c-6927-4199-95f4-29d750f660ff&Preview=1 Date 3/2/2012 Company Name Highlight Mailing Address Undisclosed Menlo Park, CA 94025 Company Description Highlight is a mobile ambient awareness app. When you come within a few blocks of another Highlight user who is your Facebook friend or that you have friends or interests in common with, Highlight sends you a … Continue reading “Highlight Obtains New Funding Round”
Silver Spring Networks Obtains $30,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=88b58965-0a0b-4c6d-8d60-a3570abdcd31&Preview=1 Date 3/2/2012 Company Name Silver Spring Networks Mailing Address 555 Broadway Street Redwood City, CA 94063 Company Description At Silver Spring Networks, we develop intelligent, IP-based networking products that allow utilities to dramatically improve efficiency, provide their customers with insight and control, and ensure the reliable delivery of smart grid, low-cost … Continue reading “Silver Spring Networks Obtains $30,000,000 New Funding Round”
Precision Health Media Lands $1,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=46c1187b-b1ce-4b4c-aece-c80aa84d55f7&Preview=1 Date 3/2/2012 Company Name Precision Health Media Mailing Address 275 Madison Ave New York, NY 10016 Company Description Precision Health Media (PHM) reaches the largest diagnosed online audience backed by the technology to maximize its effectiveness. PHM’s ConditionMatchTM technology identifies the most effective contextual pages on top health sites for your … Continue reading “Precision Health Media Lands $1,000,000 New Funding”
Celmatix Lands $1,499,997 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c3ce592d-b8f5-49de-b521-d611e4c590c2&Preview=1 Date 3/2/2012 Company Name Celmatix Mailing Address 12 Desbrosses Street New York, NY 10013 Company Description Celmatix, Inc. is a New York City-based biotechnology company targeting the reproductive medicine sector with products designed to improve reproductive technologies and outcomes. Our lead product under development is FertilArrayTM, an in vitro genetic diagnostic … Continue reading “Celmatix Lands $1,499,997 New Financing”
Canwe Studios Obtains $1,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bb02c276-b503-42f5-a616-e3834f93fbc8&Preview=1 Date 3/2/2012 Company Name Canwe Studios Mailing Address Undisclosed Austin, TX 73301 Company Description We develop products focused on creating mobile platforms around connecting people. It is the space between we strive to fulfill—whether for a night out with friends or for business opportunities. Website http://www.canwestudios.com Transaction Type Venture Equity Transaction … Continue reading “Canwe Studios Obtains $1,500,000 New Round”
The Future of Robotics in Silicon Valley and Beyond
Will robotics be the next big business in Silicon Valley? Join us for an afternoon of learning, discovery, and discussion. Robots are inhabiting our homes, helping in operating rooms and hospitals, and taking to our highways, skies, oceans, farms, and battlefields. Futurist Paul Saffo thinks they could eventually transform our economy. But what role will … Continue reading “The Future of Robotics in Silicon Valley and Beyond”
SD Life Sciences (and Cleantech) Roundup: DexCom, Ligand, Genomatica
In addition to some advances on the life sciences front, we saw a flurry of developments among San Diego’s industrial biotechnology startups over the past week. —San Diego’s DexCom (Nasdaq: [[ticker:DXCM]]), which makes continuous glucose monitoring devices for patients with diabetes, acquired SweetSpot Diabetes Care, a Portland, OR, health IT company. DexCom said it will … Continue reading “SD Life Sciences (and Cleantech) Roundup: DexCom, Ligand, Genomatica”
U-M Business Competition Awards $90K to Student Startups
I don’t have any children, but almost all of my girlfriends do. I remember a time early last decade when they were constantly shipping maternity clothes back and forth to one another to avoid spending money on an entirely new wardrobe. They could have used a website like Fashion Forward Maternity, an online boutique that … Continue reading “U-M Business Competition Awards $90K to Student Startups”
State of the Recruitment Union
Recently we hosted a roundtable discussion at Rapid7 titled “New Year, New Job,” attended by some of the best recruitment minds in Boston. The idea was to create an open forum for these leaders in talent acquisition (from companies like HubSpot, Vistaprint, and Bullhorn) to discuss the relevant topics of the day around the hiring … Continue reading “State of the Recruitment Union”
ITA Software Emerges from Google’s Shadow with New Airline Platform
For having one of the larger tech presences in Kendall Square, ITA Software has been quiet lately. Too quiet. The Cambridge, MA-based travel software firm, which was acquired by Google for $700 million in 2010 (the deal finally went through last spring), hasn’t been saying much about its integration with the Mountain View, CA-based Web … Continue reading “ITA Software Emerges from Google’s Shadow with New Airline Platform”
A123 Systems Inks Supply Deal With India’s Tata Motors
A123 Systems (NASDAQ: AONE), the Watertown, MA-based manufacturer of lithium-ion battery packs with significant operations in Michigan, today announced a deal with Tata Motors to supply battery packs for its line of hybrid electric buses and other commercial vehicles. Tata Motors is India’s largest automaker. “Strategically, this is very important for us since Tata has … Continue reading “A123 Systems Inks Supply Deal With India’s Tata Motors”
Xconomist of the Week: Roger Perlmutter’s Parting Thoughts on Amgen
[Updated: 1:50 pm PT] Roger Perlmutter had a long run by biotech standards, a full 11 years, to put his stamp on R&D at Amgen. Some of the work he oversaw was unequivocally good (denosumab for osteoporosis and cancer), some bad (the EPO debacle), and some of the record is still a work in progress (44 … Continue reading “Xconomist of the Week: Roger Perlmutter’s Parting Thoughts on Amgen”
The Harvard Fashion Tech Crew, Round Two
Call it an embarrassment of riches. On Valentine’s Day (no coincidence) I published a roundup of 16 fashion tech startups with founders from Harvard Business School, and asked any entrepreneurs I may have missed to please come forward. What resulted was enough new submissions to merit another story. So here we are. This new set … Continue reading “The Harvard Fashion Tech Crew, Round Two”
With $21.7M in New Funding, Luxtera Signs Deal to Make Optical Chip
Carlsbad, CA-based Luxtera, which recently raised $21.7 million in venture funding, says today it has signed a partnership with European semiconductor giant STMicroelectronics (NYSE: [[ticker:STM]]) to produce a new generation of chips that combine high-performance optics with silicon-based electronics. “We think it’s a really big deal,” says Chris Bergey, Luxtera vice president of marketing. “We’re … Continue reading “With $21.7M in New Funding, Luxtera Signs Deal to Make Optical Chip”
CaloSyn Pharma Obtains $309,685 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=58371a5f-a745-426d-85de-8c092e275536&Preview=1 Date 3/1/2012 Company Name CaloSyn Pharma Mailing Address 26 Firebrick Road Sharon, MA 02067 Company Description The company is developing intra-articular therapeutics for osteoarthritis. Website Undisclosed Transaction Type Venture Equity Transaction Amount $309,685 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor Undisclosed
Organovo Obtains $8,331,977 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ed1450d9-a158-4004-866c-3c308536533a&Preview=1 Date 3/1/2012 Company Name Organovo Mailing Address 5871 Oberlin Drive San Diego, CA 92121 Company Description Organovo is focused on delivering breakthrough three-dimensional biology capabilities to create tissue on demand for research and surgical applications. As the first company with a three-dimensional tissue technology that works across tissue types, we are … Continue reading “Organovo Obtains $8,331,977 New Financing Round”
Second Sight Medical Products Secures $2,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2decb326-8050-43a2-be23-963dbe3d60bd&Preview=1 Date 3/1/2012 Company Name Second Sight Medical Products Mailing Address 12744 San Fernando Road Building 3 Sylmar, CA 91342 Company Description Second Sight’s mission is to develop, manufacture and market implantable visual prosthetics to enable blind individuals to achieve greater independence. Website http://www.2-sight.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction … Continue reading “Second Sight Medical Products Secures $2,000,000 New Round”
Open Mile Receives $3,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fe9075b1-ec81-4555-87d1-bd4c2ac610ca&Preview=1 Date 3/1/2012 Company Name Open Mile Mailing Address 325 W. Huron St. Chicago, IL 60654 Company Description Our business utilizes the best aspects of web and mobile technology to empower shippers and carriers to interact, collect market intelligence and match demand with capacity all in real-time. Website http://www.openmile.com Transaction Type Debt … Continue reading “Open Mile Receives $3,000,000 New Financing”
Amplidata Garners $8,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3db283b2-cb68-431d-ab9b-16003117a67f&Preview=1 Date 3/1/2012 Company Name Amplidata Mailing Address 2100 Seaport blvd Redwood City, CA 94063 Company Description Amplidata provides unbreakable storage technology that is ten thousand times more reliable than current RAID based technologies, requires 50-70% less storage and power and 90% less expensive than current storage solutions. The Amplidata Optimized Object … Continue reading “Amplidata Garners $8,000,000 Series C Financing”
SolarCity Obtains $81,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a401081-4d1e-42a8-ae26-2051a4c74aa7&Preview=1 Date 3/1/2012 Company Name SolarCity Mailing Address 3055 Clearview Way San Mateo, CA 94402 Company Description SolarCity matches advanced solar power technology with a suite of installation services. The company’s comprehensive offering removes the technical, regulatory, and financing barriers to solar power, helping customers make smart renewable energy choices that save … Continue reading “SolarCity Obtains $81,000,000 New Round”
Scintera Networks Obtains New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=223ee64b-f64f-495f-b9fa-67e8e53b8cb7&Preview=1 Date 3/1/2012 Company Name Scintera Networks Mailing Address 1154 Sonora Court Sunnyvale, CA 94086 Company Description Scintera Networks develops and delivers advanced signal processing silicon-based solutions enabling the most cost-effective high-speed communications and networking systems. Website http://www.scintera.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes According to … Continue reading “Scintera Networks Obtains New Round”
CloudByte Receives $2,054,558 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=30f57b1e-fb4e-4440-853e-77187625550e&Preview=1 Date 3/1/2012 Company Name CloudByte Mailing Address 1900 S. Norfolk Street San Mateo, CA 94403 Company Description CloudByte was founded in India in November 2010, by people with extensive experience and background in creating, developing and managing R&D products in system technology areas. The company is based on the belief that … Continue reading “CloudByte Receives $2,054,558 New Funding”
GeneWeave Biosciences Receives $12,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ec0d3b17-f55a-4f5e-97ff-eedd1e541538&Preview=1 Date 3/1/2012 Company Name GeneWeave Biosciences Mailing Address Undisclosed San Jose, CA 95138 Company Description Our Simple method of detecting bacterial DNA is paving the way for a new wave of gene-probing tests that are simple, robust, and highly adaptable to industry needs. Website http://www.geneweavebio.com Transaction Type Venture Equity Transaction Amount … Continue reading “GeneWeave Biosciences Receives $12,000,000 Series A Financing”
Mediamorph Secures $8,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5a30941b-7d37-484f-9060-d9966bc9ec2e&Preview=1 Date 3/1/2012 Company Name Mediamorph Mailing Address 1220 Broadway New York, NY 10001 Company Description Mediamorph is a leader in the cloud computing software sector, providing business support to the media industry. Our goal is to help you better understand your business and the digital environment within which you operate. Mediamorph’s … Continue reading “Mediamorph Secures $8,000,000 New Financing Round”
Omni Water Solutions Receives $7,900,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2670142e-6294-4b1e-8a20-b8fd445fda67&Preview=1 Date 3/1/2012 Company Name Omni Water Solutions Mailing Address 4007 Commercial Center Drive Austin, TX 78744 Company Description Omni Water Solutions is an emerging technology company, which specializes in developing and deploying mobile water treatment platforms for water re-use. Through its patent-pending Octozone automation technology, Omni’s platforms are able to treat … Continue reading “Omni Water Solutions Receives $7,900,000 Series A Financing Round”
Seattle Times Rolling Out New Paid Mobile Apps, Hints at Paywall
The Seattle Times plans to offer premium paid Web apps for tablets and smartphones in late April, part of an emerging digital strategy that also has the family-owned newspaper hinting at a possible paywall for traditional website access. In a press release, the newspaper said the upcoming “tablet and smartphone editions” were built in the … Continue reading “Seattle Times Rolling Out New Paid Mobile Apps, Hints at Paywall”
San Diego’s Young & Restless: A Cross-Section of Tech Entrepreneurs
After working over the past two years to help tech startups get started in San Diego, Brant Cooper tells me he’s sensing “a global renaissance in entrepreneurship.” It sure seems that way, if the attendance at a recent San Diego Tech Founders “demo night” is any guide. San Diego Tech Founders is a virtual grassroots … Continue reading “San Diego’s Young & Restless: A Cross-Section of Tech Entrepreneurs”
How to Disrupt IBM, Oracle, and VMware: The CloudBees Story
Sacha Labourey was one of the early skeptics when it came to cloud computing. “For me, initially, the cloud was not that interesting. It was actually pretty boring,” he says. That’s in part because he was the chief technology officer of middleware firm JBoss, which in 2006 was bought by open source software giant Red … Continue reading “How to Disrupt IBM, Oracle, and VMware: The CloudBees Story”
Harvard-Born TremRx Pursues New Vaccine Technology
Boston-based TremRx is coming out of stealth mode today with a study that describes the startup’s method of using immune cells in the skin to mobilize the body’s disease-fighting defenses. The company, founded by Harvard dermatology professor Thomas Kupper, has identified several opportunities to develop vaccines for a range of illnesses, from cancer to viruses … Continue reading “Harvard-Born TremRx Pursues New Vaccine Technology”
Women in Bio Kick-off Event
From the event organizers: “Join us March 22, 2012 in celebrating the launch of the new San Francisco and Bay Area chapter of Women In Bio! The event will be highlighted by our keynote speaker, Kim Popovits, the CEO of Genomic Health, a leading pioneer of personalized medicine, and one of the San Francisco Business … Continue reading “Women in Bio Kick-off Event”
Sapphire Boosts Yields from Blue-Green Algae, Signs Earthrise Deal
In a move that extends the scope of its algal biofuel production, San Diego’s Sapphire Energy says it has modified certain cyanobacteria, also known as blue-green algae, to produce significantly higher yields of “green” crude oil. In a statement released today, Sapphire says it also has signed a licensing agreement with Earthrise Nutritionals, an Irvine, … Continue reading “Sapphire Boosts Yields from Blue-Green Algae, Signs Earthrise Deal”
Concert Nabs $200M Deal From Avanir to Make Psych Drugs
Lexington, MA-based Concert Pharmaceuticals has found a second partner looking to take advantage of its technology for making deuterium-modified drugs. Concert is announcing today that Aliso Viejo, CA-based Avanir Pharmaceuticals (NASDAQ: [[ticker:AVNR]]) has bought a worldwide license to Concert’s experimental drug that modifies dextromethorphan as a treatment for neurological and psychiatric disorders. Concert is getting … Continue reading “Concert Nabs $200M Deal From Avanir to Make Psych Drugs”
Verinata’s Big Day Arrives, With Prenatal Down Syndrome Test Debut
Researchers have been dreaming for a couple decades of taking a simple blood draw from a pregnant woman, and using it to determine whether a developing fetus has Down syndrome. Now this week, after a decade of R&D fits and starts and $100 million of investment, doctors will be able to get their hands on … Continue reading “Verinata’s Big Day Arrives, With Prenatal Down Syndrome Test Debut”
Matt Harris to Pursue Growth Investments at Bain Capital Ventures
Village Ventures co-founder Matt Harris is busy preparing to become a managing director at the New York offices of Bain Capital Ventures, where he plans to explore investments in early and growth-stage companies in the financial-services sector. It is a bit of a homecoming for Harris, who started his investing career at Boston-based Bain in … Continue reading “Matt Harris to Pursue Growth Investments at Bain Capital Ventures”
Charles River, FirstFuel, Quiet Logistics, & More Boston Deal News
[Updated 2/29/12 at 10:45 am. See below] Life sciences, cleantech, mobile, and IT companies all had their fair share of deals announcements this week. —Zipcar (NASDAQ: [[ticker:ZIP]]), the Cambridge, MA-based car-sharing pioneer, led a $13.7 million investment round in Palo Alto, CA-based Wheelz, another startup in the space that’s targeting college students. —Cambridge-based Satori Pharmaceuticals … Continue reading “Charles River, FirstFuel, Quiet Logistics, & More Boston Deal News”
Optaros Receives $4,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2c2b437f-05a4-43c6-b7ca-dcbd23bd4605&Preview=1 Date 2/29/2012 Company Name Optaros Mailing Address 10 Milk St 11th Floor Boston, MA 02108 Company Description Optaros, Inc. is a venture capital-funded consulting and systems integration firm that helps large enterprises use open source software to reduce the cost of commercial software and rapidly build high-quality, cost-effective and more flexible … Continue reading “Optaros Receives $4,000,000 New Funding Round”
Kontiki Lands $5,100,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=395f57e8-59e9-48c4-9f5b-3064b7382606&Preview=1 Date 2/29/2012 Company Name Kontiki Mailing Address 1001 W. Maude Ave Sunnyvale, CA 94085 Company Description Kontiki’s secure, scalable, and legitimate P2P delivery platform powers the world’s largest media companies broadband video on-demand download services including the BBC iPlayer, and BSkyB’s Sky Anytime on PC service, in the UK. Kontiki’s ISP-friendly … Continue reading “Kontiki Lands $5,100,000 Series C Financing”
SugarSync Obtains $15,000,000 Series D Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e1205d27-9d56-47cf-9d3f-3ef27796c12d&Preview=1 Date 2/29/2012 Company Name SugarSync Mailing Address 1810 Gateway Drive San Mateo, CA 94404 Company Description An innovator in digital media and information synchronization, SugarSync develops software and services that dramatically simplify the way people organize and access digital content. Website http://www.sugarsync.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round … Continue reading “SugarSync Obtains $15,000,000 Series D Funding Round”
RadioRx Lands $5,768,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d3713f5-6ac3-4907-9094-473858b7525c&Preview=1 Date 2/29/2012 Company Name RadioRx Mailing Address 800 W El Camino Real Menio Park, CA 94041 Company Description The company develops X-nitro compounds for cancer treatments. Website http://www.radiorx.com Transaction Type Venture Equity Transaction Amount $5,768,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture … Continue reading “RadioRx Lands $5,768,000 New Round”
Eye-Fi Secures $20,000,000 Series D Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=385d5d04-c848-4488-997b-83b2d2190d48&Preview=1 Date 2/29/2012 Company Name Eye-Fi Mailing Address 305 W. Evelyn Avenue Mountain View, CA 94041 Company Description Eye-Fi provides the first and only effortless way to send images directly from your camera to a host of destinations, including a computer, and online photo and social networking sites for instant sharing. It’s … Continue reading “Eye-Fi Secures $20,000,000 Series D Funding Round”
Tello Receives $2,700,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bb249ed3-4c10-457a-8419-b38ed03ba66b&Preview=1 Date 2/29/2012 Company Name Tello Mailing Address 999 Baker Way San Mateo, CA 94404 Company Description Tello Corporation supports instant communication and collaboration across networks, applications and devices, in the context of critical business processes. Website http://www.tello.com Transaction Type Venture Equity Transaction Amount $2,700,000 Transaction Round Undisclosed Proceeds Purposes The new … Continue reading “Tello Receives $2,700,000 New Financing Round”
KellBenx Obtains $1,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=979927bb-d57c-405c-88f2-af2027a9ade6&Preview=1 Date 2/29/2012 Company Name KellBenx Mailing Address 3500 Sunrise Highway Building 200 Great River, NY 11739 Company Description KellBenx, Inc. is a privately-held biotechnology company based in New York City. KellBenx is developing high value, innovative tests that leverage the ability to extract clinically relevant information from blood. Our focus is … Continue reading “KellBenx Obtains $1,000,000 New Financing”
Hello Health Secures $10,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=acd380f5-d3de-4a2e-bd71-b7937c0bcc7d&Preview=1 Date 2/29/2012 Company Name Hello Health Mailing Address 10 Morton Street New York, NY 10014 Company Description Hello Health provides the Patient Management platform and the professional services that allow practitioners to build stronger patients relationships, automate their processes, increase revenue and take control of their practices. Website http://www.hellohealth.com Transaction Type … Continue reading “Hello Health Secures $10,000,000 New Financing”
Yammer Receives $85,000,000 Series E Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=678020d8-10a6-432a-aa2b-131dc8931882&Preview=1 Date 2/29/2012 Company Name Yammer Mailing Address 410 Townsend St San Francisco, CA 94107 Company Description Yammer is a tool for making companies and organizations more productive through the exchange of short frequent answers to one simple question: ‘What are you working on?’As employees answer that question, a feed is created … Continue reading “Yammer Receives $85,000,000 Series E Financing Round”
Karma Receives $4,500,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=70fee62a-b7b7-431e-a932-1f1f5af077b4&Preview=1 Date 2/29/2012 Company Name Karma Mailing Address 120 2nd St 4th Floor San Francisco, CA 94105 Company Description Karma was founded in 2011 to revolutionize the way our friends, family, and colleagues give to one another. Website http://www.getkarma.com Transaction Type Venture Equity Transaction Amount $4,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “Karma Receives $4,500,000 New Funding”
Advanced Micro Devices Acquires SeaMicro for $334,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bb4b5afb-b7c8-4319-9631-36c7722ee246&Preview=1 Date 2/29/2012 Company Name SeaMicro Mailing Address 1237 East Arques Avenue Sunnyvale, CA 94085 Company Description SeaMicro servers are plug and play—they require no changes to software operating systems, applications, or management infrastructure. Website http://www.seamicro.com Transaction Type M&A Transaction Amount $334,000,000 Transaction Round Proceeds Purposes M&A Terms AMD has signed a … Continue reading “Advanced Micro Devices Acquires SeaMicro for $334,000,000”
Krossover Receives $3,500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=517e983e-75a8-42fa-9be2-09c0269260f0&Preview=1 Date 2/29/2012 Company Name Krossover Mailing Address 100 Riverside Blvd Unit 5J New York, NY 10069 Company Description Krossover Intelligence is a New York City based technology company with a focus on the online video search industry. The company’s first vertical of choice is the sports world, with the aim of … Continue reading “Krossover Receives $3,500,000 New Funding Round”
Oberon FMR Secures Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e5b4ff65-2b5f-40cc-9988-eb61ac28c1d9&Preview=1 Date 2/29/2012 Company Name Oberon FMR Mailing Address 12635 E Montview Blvd Aurora, CO 80045 Company Description Oberon FMR, Inc. is an early stage company with proprietary technology capable of producing a cost-effective, sustainably produced protein meal. Website http://www.oberonfmr.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Series B Proceeds … Continue reading “Oberon FMR Secures Series B Financing”
Dendreon Adds ImClone Vets to New Management Team
[Updated: 1:40 pm 3/1] Seattle-based biotech company (NASDAQ: [[ticker:DNDN]]). Johnson, who took over as Dendreon’s CEO on February 1, today installed a trio of new executives. Two of the three are new hires who previously worked with Johnson at New York-based ImClone Systems before that company was acquired for $6.5 billion by Eli Lilly (NYSE: … Continue reading “Dendreon Adds ImClone Vets to New Management Team”
MBI Helps Biotech Companies De-Risk and Expand
MBI International, a wholly owned subsidiary of the Michigan State University Foundation, has an ambitious goal: To help Michigan’s bioeconomy sector grow by working with companies to negotiate the “valley of death”—taking their early-stage innovations to commercial viability, and, if failure is imminent, helping companies fail quickly before too much money is spent. That MBI … Continue reading “MBI Helps Biotech Companies De-Risk and Expand”