It’s easy to forget that Washington’s economy, for all of its prowess in software, is driven mostly by manufacturing—namely Boeing, still easily the state’s largest private employer. But there’s plenty of opportunity in things a little less grand than, say, a jetliner. Consider Flux Drive, an angel-funded company based in Sumner, WA. Founded by mechanical … Continue reading “New CEO Takes Flux Drive’s Magnetic Energy-Saver Out For a Spin”
WIB Greater Boston Kickoff Event
Celebrate Women in Bio’s arrival in the Boston scene with this kickoff party. Biotech leader Abbie Celniker of Eleven Biotherapeutics will be there for the evening of networking. Sign up here for the event.
KeyView Launches With Plan to Fund Health Startups
A new growth-equity firm, KeyView Partners—headed up by veterans of Ernst & Young, Deloitte & Touche, and Johnson & Johnson—is set to open its doors next month in New York, with a plan to fund medical-technology startups. According to its website, the company’s goal is to “bring together capital, operational expertise, and strategic planning.” KeyView’s … Continue reading “KeyView Launches With Plan to Fund Health Startups”
How Big Data Is Changing Everything
There’s a radical transformation happening in information technology today, one that promises to be every bit as significant—and every bit as disruptive to existing business models—as were Web applications in the 1990s and virtualization in the first decade of the 21st century. It’s a foundational change in the way enterprises, their employees, and their customers … Continue reading “How Big Data Is Changing Everything”
Poppin Pulls in $6M for Office-Products Site
In the latest sign that e-commerce is alive and well in NYC, office-products e-tailer Poppin announced that it has raised $6 million in a Series A funding round. The funding was led by Shasta Ventures, with participation from First Round Capital and a group of angel investors. Poppin, which is still in beta mode, seeks … Continue reading “Poppin Pulls in $6M for Office-Products Site”
Satori Cultivates Prolific Herb for Promising Alzheimer’s Weapon
Alzheimer’s drug developer Satori Pharmaceuticals raised $15 million last week, bringing its total venture capital raised to $37 million—an impressive haul, considering the Cambridge, MA-based company doesn’t expect to begin human testing of its lead compound until early 2013. But what may be even more notable is that Satori’s investors are betting on an entirely … Continue reading “Satori Cultivates Prolific Herb for Promising Alzheimer’s Weapon”
Tonic Health Looks to ‘Gamify’ Dull Doctor Office Forms
Fun isn’t the first thing that pops to mind when you’re asking thousands of people about their last mammogram. But Sterling Lanier is wagering that one of the dullest parts of modern healthcare, the standard patient questionnaire on a clipboard, can be made fun. It’s the organizing principle behind the startup he co-founded, Tonic Health. … Continue reading “Tonic Health Looks to ‘Gamify’ Dull Doctor Office Forms”
ViziApps, Springpad, LevelUp, & LoseIt: A Mobile Madness Preview
Here at Xconomy, we are gearing up for the biggest mobile event of the year in Boston: Mobile Madness 2012—Total Mobility, on March 14 at Microsoft NERD. I’ve been talking with a number of our conference speakers, taking the pulse of mobile innovation and getting a more complete picture of how all the pieces fit … Continue reading “ViziApps, Springpad, LevelUp, & LoseIt: A Mobile Madness Preview”
Blue Cod Technologies Receives $1,750,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2c8976a6-9632-4f80-880b-8ba28fac02ea&Preview=1 Date 2/28/2012 Company Name Blue Cod Technologies Mailing Address 295 Donald Lynch Blvd. Marlborough, MA 01752 Company Description Blue Cod Technologies, Inc. delivers Management and IT consulting, innovative software solutions and applications outsourcing services for today’s service industries such as insurance, financial services and utilities. Website http://www.bluecod.net Transaction Type Venture Equity … Continue reading “Blue Cod Technologies Receives $1,750,000 New Funding Round”
Hawken Receives $10,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e279db1e-7c19-465d-b136-a4d1974438f9&Preview=1 Date 2/28/2012 Company Name Hawken Mailing Address Undisclosed Alhambra, CA 91803 Company Description Aimed at hardcore gamers who battle each other online, Hawken is a fast-action shooting game where players can equip themselves with giant armored mech robotic suits and pummel each other in the ruined cities of a toxic planet. … Continue reading “Hawken Receives $10,000,000 New Financing”
Duo Security Secures $5,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=202f3555-b432-4999-900f-5d79dd2908b5&Preview=1 Date 2/28/2012 Company Name Duo Security Mailing Address 1327 Jones Dr Ann Arbor, MI 48105 Company Description Duo Security provides strong two-factor authentication as a service built to prevent account takeover and data theft. Duo uses a mobile phone as the second factor to make authenticating easy and convenient. At Duo, … Continue reading “Duo Security Secures $5,000,000 Series A Financing Round”
Ruckus Wireless Obtains $2,170,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8866e134-6283-4d66-bb15-2e66316d682e&Preview=1 Date 2/28/2012 Company Name Ruckus Wireless Mailing Address 880 West Maude Avenue Sunnyvale, CA 94085 Company Description Ruckus Wireless is a wireless equipment supplier focused on the next generation of home networking. The Company is credited with developing the world’s first in-home wireless multimedia system, MediaFlex, which it introduced in October … Continue reading “Ruckus Wireless Obtains $2,170,000 New Funding”
Poppin Receives $6,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4b80acd5-b864-4043-9ebe-23c0f7b0f5f9&Preview=1 Date 2/28/2012 Company Name Poppin Mailing Address 44 W 18th Street New York, NY 10011 Company Description Poppin’s goal is to make “buying, using, looking at, and thinking about office products an extraordinary experience.” That seems ridiculous, but the site is actually quite nice. Browse products by color, category, or bundle, … Continue reading “Poppin Receives $6,000,000 Series A Funding”
Vaultive Garners $10,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=472b518d-0d35-4a6d-bafb-a3a0cdcf3901&Preview=1 Date 2/28/2012 Company Name Vaultive Mailing Address 100 Broadway 6th Floor New York, NY 10005 Company Description Vaultive provides cloud data encryption solutions that empower organizations to realize the cost savings, enhanced productivity and operational efficiencies of cloud computing while maintaining the data security, control and compliance advantages of on-premise computing. … Continue reading “Vaultive Garners $10,000,000 New Financing Round”
Mobiquity Secures $3,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d8dbf316-5034-43e9-acf3-1e05ac119568&Preview=1 Date 2/28/2012 Company Name Mobiquity Mailing Address 16 Laurel Ave Boston, MA 02108 Company Description Mobiquity is a strategy-led, implementation driven Mobile Computing professional services firm focused on architecting, developing and deploying custom mobile solutions for the Global 2000. Mobiquity offers a broad range of services for clients seeking to leverage … Continue reading “Mobiquity Secures $3,000,000 New Financing Round”
Groupon Acquires UpTake for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bc0163fc-8d3e-4a6f-afbc-46e467fb0789&Preview=1 Date 2/28/2012 Company Name UpTake Mailing Address 654 High Street Palo Alto, CA 94301 Company Description Our mission is to help you make the best possible travel decisions based on your unique preferences. We are your first step when you are searching for where to go on your family vacation, a … Continue reading “Groupon Acquires UpTake for Undisclosed Sum”
Mersive Garners New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=46f6c369-69b1-439d-9cfd-09d02d913a31&Preview=1 Date 2/28/2012 Company Name Mersive Mailing Address 2399 Blake Street Denver, CO 80205 Company Description Mersive was founded in 2004 with the goal of creating a new generation of digital display solution for mass market. Recognizing that an increasing amount of ultra high-resolution digital content is being created every day, Mersive … Continue reading “Mersive Garners New Financing”
ZenCash Garners $500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=263be079-ec1e-4623-a748-fbf3b0cb3bf9&Preview=1 Date 2/28/2012 Company Name ZenCash Mailing Address 4310 Westside Drive Dallas, TX 75209 Company Description ZenCash provides a service to our customers (typically freelancers and other small businesses) that helps them say thank you to the customers who pay them on time and follow up with customers who don’t. How? Allow … Continue reading “ZenCash Garners $500,000 New Funding Round”
SURF Incubator Open House
The new SURF Incubator, set to open this spring, offers an evening open house to tour its 15,000-square-foot incubator space, mingle, and hear about the inaugural class of startups that will be moving into the office.
Renewable Energy Policy Breakfast
The Washington Clean Technology Alliance and The Climate Trust convene a breakfast panel to discuss the financing and policy issues for renewable projects in Washington, particularly renewables like biogas that can generate carbon financing.
Washington Clean Technology Alliance Annual Meeting: Meet UW and WSU Presidents
Michael Young, the president of the University of Washington, and Elson Floyd, the president of Washington State University, will be the featured speakers at the Washington Clean Technology Association’s annual meeting on June 14th in Seattle. For more information on how to register for the event, click here.
Meet with Kleiner Perkins Caufield & Byers
The Environmental Business Cluster sponsors a morning meeting with Kleiner Perkins Caufield & Byers. From the event organizers: “Kleiner Perkin’s knack for zeroing in on the Next Big Thing has set the industry standard for venture capital investing for 40 years. At last count, KPCB has backed more than 500 ventures, including some of the … Continue reading “Meet with Kleiner Perkins Caufield & Byers”
Positioning for the Perfect Exit in Cleantech
The Environmental Business Cluster presents an afternoon seminar on M&A strategy for cleantech companies. From the event organizers: “While 2011 was a difficult year for cleantech venture capital, cleantech mergers and acquisition activity reached record highs M&A transactions accounted for some 41.2 billion dollars, a 153% increase over 2010. As corporations continue to focus on … Continue reading “Positioning for the Perfect Exit in Cleantech”
WTIA Industry Achievement Awards
It’s one of the biggest events of the year for the Puget Sound-area technology community—the Washington Technology Industry Association‘s Industry Achievement Awards. This year’s bash, once again at the Showbox Sodo, features awards in six categories. The WTIA says this year’s awards—the 17th annual edition of the event—generated the largest number of award applications ever. On … Continue reading “WTIA Industry Achievement Awards”
The Promise of Personalized Medicine and the Challenges Ahead
Biocom is hosting John Sterling, the editor in chief of Genetic Engineering and Biotechnology News, for a conversation about personalized medicine that is intended to address a variety of looming issues, such as dealing with lifestyle choices like smoking and obesity, how reimbursement varies among different providers in different countries, and to identify the major … Continue reading “The Promise of Personalized Medicine and the Challenges Ahead”
Seven MI Universities to Partner in Tech Transfer Talent Network
The University of Michigan’s tech transfer office will lead a new two-year, $2.4 million initiative to help state universities take advantage of local entrepreneurs and innovators in an effort to commercialize university technology. The Michigan Economic Development Corporation is funding the Tech Transfer Talent Network, and other member universities are Wayne State University, Michigan State University, … Continue reading “Seven MI Universities to Partner in Tech Transfer Talent Network”
Dendreon Stock Tumbles As Company Projects ‘Moderate’ Sales Growth
Dendreon is finding out just how much investors love the precision of hard facts, and how irritated they can get with the squishiness of communicating in adjectives. The Seattle-based biotech company (NASDAQ: [[ticker:DNDN]]) saw its stock plummet about 21 percent today after saying in its quarterly financial update that it expects only “moderate” sales growth … Continue reading “Dendreon Stock Tumbles As Company Projects ‘Moderate’ Sales Growth”
Quiet Logistics’ Robotics Service Grows As Luxury E-Commerce Booms
Not long ago I wrote about how luxury retailers’ increased willingness to sell online has helped foster a new generation of fashion-focused Internet startups (particularly from Harvard Business School). But that categorical shift has also strengthened one local startup that customers wouldn’t necessarily notice when shopping online. Andover, MA-headquartered Quiet Logistics got its start in … Continue reading “Quiet Logistics’ Robotics Service Grows As Luxury E-Commerce Booms”
San Diego Tech Roundup: Entropic, Xpenser, OneRoof Energy, & More
—A federal bankruptcy court in Delaware has tentatively approved a $65 million bid from San Diego’s Entropic Communications (NASDAQ: [[ticker:ENTR]]) to acquire system-on-a-chip technology that Trident Microsystems developed for its set-top box business. Entropic, which develops technology for connected home systems, had initially offered $55 million when the arrangement was disclosed in January. In a … Continue reading “San Diego Tech Roundup: Entropic, Xpenser, OneRoof Energy, & More”
Killing Your Startup By Listening to Customers
The art of entrepreneurship and the science of Customer Development is not just getting out of the building and listening to prospective customers. It’s understanding who to listen to and why. Five Cups of Coffee I got a call from Satish, one of my ex-students, last week. He got my attention when he said, “Following … Continue reading “Killing Your Startup By Listening to Customers”
What Dell’s Purchase of Bain-Backed AppAssure Means for Big Data
A big acquisition in data protection is reverberating across the tech ecosystems of storage and backup—including in Boston. Dell (NASDAQ: [[ticker:DELL]]) said on Friday that it has acquired AppAssure Software, a data and application protection company based in Reston, VA, for an undisclosed sum. AppAssure opened a Boston-area office late last year and is backed … Continue reading “What Dell’s Purchase of Bain-Backed AppAssure Means for Big Data”
Vaultive Raises $10M, Emerges from Stealth in Cloud Data Security
New York-based Vaultive, a provider of encryption technology for Internet data, announced today it raised $10 million in a Series A round led by .406 Ventures, Harmony Partners, and New Science Ventures. Vaultive’s technology is designed to help big companies comply with increasingly stringent regulations on information security. The company, founded in late 2008, previously … Continue reading “Vaultive Raises $10M, Emerges from Stealth in Cloud Data Security”
Greening From the Ground Up
This day-long conference will bring together community organizations from across New York City and beyond to share lessons learned in urban neighborhoods implementing healthier and more environmentally sustainable practices. Workshop topics include “growing urban agriculture,” “engaging young people in environmental justice and public health,” and “green by design: arts, culture & sustainability.” Register here.
Bruce Booth, a LifeSciVC Shining Some Much-Needed Light on Biotech
Techies who want to learn about high-tech venture capital learn quickly they must read blogs by guys like Fred Wilson and Brad Feld. They are insiders who speak with clear, consistent, and insightful voices about an otherwise opaque little corner of the investing world. Nobody has ever performed this kind of service for biotech venture … Continue reading “Bruce Booth, a LifeSciVC Shining Some Much-Needed Light on Biotech”
‘Unwind’ with the San Diego Life Science Network
Join roughly 250 friends (and some new ones!) from the biotech, pharma, med device, diagnostics, and research communities in San Diego to eat, drink and connect at an informal event organized by the San Diego Life Science Network. Event sponsor Thomson Reuters will raffle off a Kindle Fire! More information and online registration is here.
Dean Kamen: ‘Our Bright Future Belongs to the Innovators’
The San Diego Chapter of ARCS (Achievement Rewards for College Scientist) is hosting inventor Dean Kamen as the ARCS Foundation 2012 Scientist of the Year. Since the San Diego chapter was founded in 1985, it has issued a total of nearly $7.2 million in college financial awards to 966 graduate and undergraduate scholars attending San … Continue reading “Dean Kamen: ‘Our Bright Future Belongs to the Innovators’”
Luxtera Garners $21,700,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=47a8a78a-8e45-47fb-b779-baf9db7e1a66&Preview=1 Date 2/27/2012 Company Name Luxtera Mailing Address 2320 Camino Vida Roble Carlsbad, CA 92011 Company Description Luxtera, Inc., a fabless semiconductor company and the world leader in silicon photonics is focused on fulfilling the insatiable demand for bandwidth by uniting the benefits of optical communication technology with the low-cost, high-volume advantages … Continue reading “Luxtera Garners $21,700,000 Series C Funding Round”
LiveRail Receives $3,999,992 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eb27de4b-82ce-4abb-a211-79e191739a72&Preview=1 Date 2/27/2012 Company Name LiveRail Mailing Address 55 2nd St. San Francisco, CA 94105 Company Description LiveRail delivers technology solutions that enable and enhance the monetization of internet-distributed video. By focussing specifically on challenges and opportunities created by online video, our tools are designed to be easier, more efficient and more … Continue reading “LiveRail Receives $3,999,992 New Financing Round”
WayIn Obtains $14,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c6165f21-49c4-4655-915d-9aa5d5836eca&Preview=1 Date 2/27/2012 Company Name WayIn Mailing Address 1534 Plaza Ln. Burlingame, CA 94010 Company Description The company is currently in stealth mode. Website http://www.WayIn.com Transaction Type Venture Equity Transaction Amount $14,000,000 Transaction Round Series B Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor U.S. Venture Partners Venture Investor … Continue reading “WayIn Obtains $14,000,000 Series B Round”
Akros Silicon Secures $2,553,484 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f5cd21ae-a8a2-4a88-8198-c6647c251a86&Preview=1 Date 2/27/2012 Company Name Akros Silicon Mailing Address 262 Santa Ana Court Sunnyvale, CA 94085 Company Description Akros Silicon Inc. is Venture Capital-backed fabless semiconductor company located in Folsom California. Website http://www.akrossilicon.com Transaction Type Venture Equity Transaction Amount $2,553,484 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory … Continue reading “Akros Silicon Secures $2,553,484 New Funding”
Appcelerator Obtains $16,000,000 Series D Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e8e78f15-656c-4508-b5d6-ea6ac17c2f81&Preview=1 Date 2/27/2012 Company Name Appcelerator Mailing Address 440 N. Bernardo Ave Mountain View, CA 94043 Company Description Appcelerator is an open source platform for building rich web applications. Appcelerator, Inc. is a silicon valley venture funded company located in Mountain View, California. Appcelerator was started in 2006 by software veterans Jeff … Continue reading “Appcelerator Obtains $16,000,000 Series D Round”
XCOR Aerospace Receives $5,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c4c866eb-9416-44d7-8b0c-7227516bfacb&Preview=1 Date 2/27/2012 Company Name XCOR Aerospace Mailing Address PO Box 1163 Mojave, CA 93502 Company Description Founded in 1999, XCOR Aerospace is a small, privately-held California C-Corporation. Our headquarters and development facilities are located at the Mojave Spaceport and Civilian Aerospace Test Center in Mojave, California. XCOR engages in research, development, … Continue reading “XCOR Aerospace Receives $5,000,000 New Funding”
Xobni Obtains $9,999,998 Series D Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9ee4d86c-0f94-4a62-a706-05c26fa0a8ad&Preview=1 Date 2/27/2012 Company Name Xobni Mailing Address 539 Bryant St San Francisco, CA 94107 Company Description We started Smartr because we realized there was an amazing opportunity to leverage our abilities in machine learning and statistical modeling to take back the email inbox for our users. Website http://www.xobni.com Transaction Type Venture … Continue reading “Xobni Obtains $9,999,998 Series D Financing Round”
CrowdControl Lands $2,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ae92bd5b-88a0-48fe-acca-298bdde4eca6&Preview=1 Date 2/25/2012 Company Name CrowdControl Mailing Address 216 First Avenue South Seattle, WA 98104 Company Description With CrowdControl “big data” is in for a “big change”. No one can help customers work with big data/leverage big data/get the most ROI out of big data like we can – and this has … Continue reading “CrowdControl Lands $2,000,000 New Funding”
BillMyParents Secures $229,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b69f1c39-c09c-4e5e-b26f-6e22553523c3&Preview=1 Date 2/25/2012 Company Name BillMyParents Mailing Address 6440 Lusk Blvd San Diego, CA 92121 Company Description BillMyParents, Inc. is a financial solutions company focused on helping teens and young adults between the ages of 13 and 18 to manage spending. Website http://www.billmyparents.com Transaction Type Venture Equity Transaction Amount $229,000 Transaction Round … Continue reading “BillMyParents Secures $229,000 Series B Financing”
Sensory Medical Lands $500,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aa83c12b-9237-451d-8d01-e93f7b135611&Preview=1 Date 2/25/2012 Company Name Sensory Medical Mailing Address 1235 Puerta Del Sol San Clemente, CA 92673 Company Description Sensory Medical is a medical device firm focused on treatments for Restless Legs Syndrome (RLS). Website http://www.sensorymedical.com Transaction Type Venture Equity Transaction Amount $500,000 Transaction Round Series B Proceeds Purposes Proceeds purposes were … Continue reading “Sensory Medical Lands $500,000 Series B Financing”
Customer Service Hero Tour with Zendesk and Zappos
San Francisco-based help desk software maker Zendesk offers “a jam-packed day of learning, networking and general good-times with fellow customer support and help desk heroes.” Information and registration here.
Indivly, Swoop, and Vivox: Three Boston Startups to Watch
Getting caught up on some startup news around town… Two new ones emerging from semi-stealth mode in the field of content-linked deals, and one gaming and communications veteran going direct-to-consumer for the first time. —Indivly is a social Web startup led by founder John Clark, perhaps best known as half of the creative team behind … Continue reading “Indivly, Swoop, and Vivox: Three Boston Startups to Watch”
What If Your Next TV Is a Tablet?
It is a dark time for the TV rebellion. Although legions of cord-cutters have abandoned their cable subscriptions, Hollywood troops have driven the early TV-technology startups from their hidden Silicon Valley bases and pursued them across the Internet. Evading the dreaded cable and satellite companies, a group of freedom fighters led by Boxee, Netflix, and … Continue reading “What If Your Next TV Is a Tablet?”
Silicon Alley Battlefield Series 14
Join NY Entrepreneurs Business Network (NYEBN) for an evening of pitches and networking. Panelists include Matt Harris of Village Ventures, Marc H. Michel of Metamorphic Ventures. Steve Schlafman of Lerer Ventures, and William Peng of Raptor Ventures. Register here.