Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=16d07dee-dd4a-4a8e-8571-a032e624587a&Preview=1 Date 1/26/2012 Company Name MC10 Mailing Address 36 Cameron Avenue Cambridge, MA 02140 Company Description MC10 startup developing stretchable silicon technology developed at the University of Illinois. Website http://www.mc10inc.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Aberdare … Continue reading “MC10 Obtains $2,000,000 New Round”
BeachMint Garners $35,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1c14c82d-73a0-456f-8216-431881cf62e4&Preview=1 Date 1/26/2012 Company Name BeachMint Mailing Address 1411 2th Street Fl 2 Santa Monica, CA 90401 Company Description The company is developing social commerce sites catering to individual vertical markets. Website http://www.beachmint.com Transaction Type Venture Equity Transaction Amount $35,000,000 Transaction Round Undisclosed Proceeds Purposes This new funding round, which brings BeachMint’s … Continue reading “BeachMint Garners $35,000,000 New Funding”
Drchrono Receives $2,800,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f5e8e110-634b-44d5-a86e-2bbda9755d82&Preview=1 Date 1/26/2012 Company Name Drchrono Mailing Address Undisclosed Mountain View, CA 94040 Company Description Drchrono addresses the complexities and critical needs of today’s healthcare environment by providing a EHR platform with a focus on the iPad. We are creating a multi point solution, through cloud web based Electronic Health Record access, … Continue reading “Drchrono Receives $2,800,000 New Round”
Envivio Receives $1,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5ba19e82-5369-4a38-a70d-32c0b045c52c&Preview=1 Date 1/26/2012 Company Name Envivio Mailing Address 400 Oyster Point Boulevard South San Francisco, CA 94080 Company Description Envivio’s goal is to make the world’s video content universally enjoyable by all viewers, on any device, across any network, at any time. From live news and sports to catching up with a … Continue reading “Envivio Receives $1,500,000 New Financing Round”
Endorse Obtains $4,250,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a1b2738e-46a7-4151-bea6-5ff87805a61f&Preview=1 Date 1/26/2012 Company Name Endorse Mailing Address 60 E 3rd Avenue San Mateo, CA 94401 Company Description Endorse enables consumer product companies to market at the individual shopper level and shoppers to earn rewards for staying loyal to their favorite brands. Endorse closes the online-to-offline purchase loop and ties an online … Continue reading “Endorse Obtains $4,250,000 Series A Financing Round”
Elance Lands $16,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e7eafe14-b1c8-4a2f-b7fd-7388d637adfc&Preview=1 Date 1/26/2012 Company Name Elance Mailing Address 441 Logue Avenue Mountain View, CA 94043 Company Description As the world’s leading platform for online employment, Elance helps businesses hire and manage in the cloud. For businesses looking to staff-up a team on an hourly or project basis, Elance offers instant access to … Continue reading “Elance Lands $16,000,000 New Financing”
Intercom Receives $1,000,000 Seed Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=365ec709-eb3a-442d-ace7-b0fc01e1cc7e&Preview=1 Date 1/26/2012 Company Name Intercom Mailing Address 149 9th Street San Francisco, CA 94103 Company Description Intercom is a customer relationship management and messaging tool for web app owners. Website http://www.intercom.io Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Seed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “Intercom Receives $1,000,000 Seed Round”
Continuuity Obtains $2,500,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd1a5489-0bed-4002-9ac2-c729a4b25856&Preview=1 Date 1/26/2012 Company Name Continuuity Mailing Address Undisclosed Palo Alto, CA 94301 Company Description Continuuity wants to help new developers build apps that can leverage those trends, but with less difficultly than Yahoo, Facebook and other fast followers experienced in building out their massive applications. Website http://www.continuuity.com Transaction Type Venture Equity … Continue reading “Continuuity Obtains $2,500,000 Seed Funding Round”
Visual Revenue Lands $1,700,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f0582dc4-bbd1-497e-b10c-ab372ce3c157&Preview=1 Date 1/26/2012 Company Name Visual Revenue Mailing Address 14th Floor Associated Press 450 West 33rd St New York, NY 10001 Company Description Based out of midtown New York, NY, Visual Revenue provides a predictive analytics solution that helps online media organizations set a better front page. Our Front Page Automation Platform … Continue reading “Visual Revenue Lands $1,700,000 New Financing Round”
GloriOil Garners $20,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5b7e41d6-99d2-4e96-a028-b71e2af7796b&Preview=1 Date 1/26/2012 Company Name GloriOil Mailing Address 4315 South Drive Houston, TX 77053 Company Description Our vision is to be the leader in bio-technology solutions to the global oil and gas industry and service provider of choice to both independent and major oil and gas producers. Website http://www.glorioil.com Transaction Type Venture … Continue reading “GloriOil Garners $20,000,000 Series C Financing Round”
MTPV Receives $3,250,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=94380bfe-44d0-4c52-a0fd-fda20d7f20ee&Preview=1 Date 1/26/2012 Company Name MTPV Mailing Address 13915 Burnet Road Austin, TX 78728 Company Description MTPV is a clean energy semiconductor chip company using its breakthrough technology to harness the world’s waste heat and convert it to electricity. Website http://www.mtpv.com Transaction Type Venture Equity Transaction Amount $3,250,000 Transaction Round Series B … Continue reading “MTPV Receives $3,250,000 Series B Financing Round”
Constant Contact, Bluefin Labs, HP, & More Boston Dealmakers
An acquisition and startup financings made up the New England deals news this week. —Waltham, MA-based marketing software firm Constant Contact acquired the Boston startup CardStar, the developer of a mobile app for customer loyalty and rewards programs. The deal, whose terms were undisclosed, enables Constant Contact (NASDAQ: [[ticker:CTCT]]) to expand its marketing offerings for … Continue reading “Constant Contact, Bluefin Labs, HP, & More Boston Dealmakers”
Something New for Shoppers in Downtown Detroit: Virtual Retail
Detroiters often grumble about the relative lack of shopping options downtown compared to other cities of similar size. Sure, there are boutiques here and there, as well as a handful of stores in the Renaissance Center and the Millender Center, but there is no Urban Outfitters; no American Apparel; no Macy’s. Somerset CityLoft, a pop-up … Continue reading “Something New for Shoppers in Downtown Detroit: Virtual Retail”
Intrepid Labs: Boston’s Newest Co-Working Spot for Maturing Startups
Boston has no place for “serious, venture-backed startups” to grow from five employees to 25 employees, akin to San Francisco’s RocketSpace, or New York City’s General Assembly, says Mark Kasdorf. Enter Intrepid Labs, the co-working space he recently established in the former digs of another co-working space (Dogpatch Labs) at 222 Third Street near Kendall … Continue reading “Intrepid Labs: Boston’s Newest Co-Working Spot for Maturing Startups”
How to Be A 100-Year Startup: Video from Evernote CEO Phil Libin
When most startups reach a certain age—seven years, maybe nine; certainly, by the time they get acquired or go public—they stop being startups. They get slow and cautious. They lose the will to wow customers with unconventional ideas. Evernote hasn’t reached that age yet. And CEO Phil Libin hopes it never does. In a video … Continue reading “How to Be A 100-Year Startup: Video from Evernote CEO Phil Libin”
Digital Media Center Brings Tech Players and Investors to Times Square
With a kind of candor that speaks of the motivation in the startup and investment communities, angel investor Jerry Neumann talked bluntly Tuesday evening about the companies he backs. “All of my entrepreneurs are irritating,” he said jokingly during a panel discussion at the Digital Media Center event held at Times Square in New York. … Continue reading “Digital Media Center Brings Tech Players and Investors to Times Square”
Amazon Looking to “Rapidly Grow” Digital Music Team
Now that it’s got a very Apple-like system in place—tablet computer paired with digital media—Amazon.com appears to be cranking up the volume on its online music service as well. The San Francisco office of Amazon’s a2z research and development subsidiary is chock full of job ads for people to work on the Amazon MP3 store … Continue reading “Amazon Looking to “Rapidly Grow” Digital Music Team”
Roche Makes $5.7B Hostile Takeover Bid for Illumina
San Diego-based Illumina, the market leading maker of DNA sequencing instruments, has just made it through a rough year, and now it may be entering its final chapters as an independent company. Illumina (NASDAQ: [[ticker:ILMN]]) said last night that it has gotten an unsolicited (that’s polite PR language for hostile) takeover bid from Switzerland-based Roche. … Continue reading “Roche Makes $5.7B Hostile Takeover Bid for Illumina”
Family Affair: Courtagen Applies Management DNA to Genomics Startup
Woburn, MA-based Courtagen Life Sciences’ acquisition of Medicinal Genomics, announced January 18, is less notable for the technologies that are being merged than for the people who are coming together on the management team. Courtagen’s CEO is Brian McKernan, who co-founded the company in 2009 with his brother, Brendan, who is the startup’s president. Medicinal … Continue reading “Family Affair: Courtagen Applies Management DNA to Genomics Startup”
NY Angels Pledge 50 Tickets for Xconomy’s Feb. 1 Venture Forum
We’re just a week away from Xconomy’s first big New York City event, Xconomy Forum: New York’s Venture Emergence. And the New York Angels have stepped up to sponsor admissions for 50 NYC startups. Most of these free tickets will be distributed through the city’s startup incubators, but we have 10 to hand out ourselves … Continue reading “NY Angels Pledge 50 Tickets for Xconomy’s Feb. 1 Venture Forum”
Affymax Prepares to Mount Challenge to Amgen Anemia Drug Monopoly
Affymax shocked the world when an FDA advisory committee recommended last month that its anemia drug was good enough to earn a spot on the U.S. market. Now the Palo Alto, CA-based company (NASDAQ: [[ticker:AFFY]]) is making all sorts of moves behind the scenes that will determine how big a bite it will take out … Continue reading “Affymax Prepares to Mount Challenge to Amgen Anemia Drug Monopoly”
EarthRisk Figures Odds in Long-Range Forecasts of “Extreme Weather”
If you were in the business of supplying heating oil in the Northeast, do you think it would be useful to know if a big winter snowstorm is likely to arrive with sub-zero temperatures in Massachusetts next month? How would fire chiefs in the brushy backcountry of Southern California react if they knew the odds … Continue reading “EarthRisk Figures Odds in Long-Range Forecasts of “Extreme Weather””
Angry at the Genome
In 2004, I was an enthusiastic postdoctoral researcher in Eric Lander’s lab at the Broad Institute, with the job I had dreamed of since I was 10 years old. Growing up in Paducah, KY, I read Isaac Asimov’s The Genetic Code. And while I understood nothing of its meaning, I fell in love with the … Continue reading “Angry at the Genome”
Meet the 13 New TechStars Boston Startups
The cool thing about TechStars is that it is often surprising. The startup accelerator and seed-stage investment firm, which runs programs in four cities around the U.S., announced its newest class of Boston entrepreneurs (the fourth so far) last night. And while I’ve heard of a couple of the startups, most of them are brand … Continue reading “Meet the 13 New TechStars Boston Startups”
Azuki Systems Lands $5,100,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e3aac3ce-343c-41f4-bf8d-24ee5d877eac&Preview=1 Date 1/25/2012 Company Name Azuki Systems Mailing Address 43 Nagog Park Acton, MA 01720 Company Description Leveraging the growing proliferation of digitized content, Web 2.0 enabled services and new wireless technologies, Azuki is leading the charge into a new era of mobile innovation and user experiences. We are changing the way … Continue reading “Azuki Systems Lands $5,100,000 New Financing”
Finsphere Secures $11,300,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=816adc1b-e9fc-467a-b371-06047ed0f281&Preview=1 Date 1/25/2012 Company Name Finsphere Mailing Address 505 106th Ave NE Bellevue, WA 98004 Company Description Finsphere is a well-funded, high tech, venture-backed start up founded in 2007 based in Bellevue, Washington and is currently operating in stealth mode. Its purpose is to solve a multi-billion dollar, global problem with an … Continue reading “Finsphere Secures $11,300,000 New Funding Round”
Healthx Obtains $6,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e59628e9-2807-465e-afdd-536f0b025652&Preview=1 Date 1/25/2012 Company Name Healthx Mailing Address 9339 Priority Way West Drive Indianapolis, IN 46240 Company Description Healthx is the healthcare industry’s leading developer of self-service communication and data integration portals serving more than 130 payers and 39,000 groups, representing over 12 million individual lives. Website http://www.healthx.com Transaction Type Debt Transaction … Continue reading “Healthx Obtains $6,000,000 New Funding Round”
LanzaTech Garners $55,800,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d7fb05b-0732-4d03-a261-97e994e0192c&Preview=1 Date 1/25/2012 Company Name LanzaTech Mailing Address 725-C E. Irving Park Road Roselle, IL 60172 Company Description The Illinois-based company exploits a species of bacteria–discovered in the intestinal tract of rabbits–that breaks down carbon monoxide and reassembles the atoms into ethanol. Website http://www.lanzatech.co.nz Transaction Type Venture Equity Transaction Amount $55,800,000 Transaction … Continue reading “LanzaTech Garners $55,800,000 New Financing Round”
LaunchPoint Garners $3,500,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7ebbf2f8-649e-4b7e-b314-b9a64e26fb75&Preview=1 Date 1/25/2012 Company Name LaunchPoint Mailing Address 1701 Golf Road Tower One Rolling Meadows, IL 60008 Company Description LaunchPoint is a provider of information-centric enterprise services and solutions for healthcare organizations. Website http://www.launchpointcorporation.com Transaction Type Venture Equity Transaction Amount $3,500,000 Transaction Round Series B Proceeds Purposes This latest financial raise will … Continue reading “LaunchPoint Garners $3,500,000 Series B Financing Round”
Adara Media Obtains $12,400,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d8788c5b-911a-4229-a37f-148b10267a5e&Preview=1 Date 1/25/2012 Company Name Adara Media Mailing Address 444 Castro St. Mountain View, CA 94041 Company Description Adara Media makes online display advertising more effective for advertisers while enhancing the appeal and value of ads for consumers. Using proprietary data and audience segmentation, Adara Media enables advertisers to choose a precise … Continue reading “Adara Media Obtains $12,400,000 New Funding”
Skyfire Garners $8,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6da50921-c034-4d69-b720-5eadfafd1e15&Preview=1 Date 1/25/2012 Company Name Skyfire Mailing Address 779 East Evelyn Ave Mountain View, CA 94041 Company Description Skyfire is an exciting venture-backed innovator in mobile web browsing with a mission to dramatically improve your browsing experience on mobile phones. We created the only mobile browser that delivers both the speed and … Continue reading “Skyfire Garners $8,000,000 Series C Financing”
AirXpanders Receives $10,000,000 Series D Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8a30f03e-03eb-492d-bea8-5fd1e6b03f37&Preview=1 Date 1/25/2012 Company Name AirXpanders Mailing Address 1047 Elwell Court Palo Alto, CA 94303 Company Description AirXpanders has developed the AeroForm tissue expander, a patient controlled breast tissue expander that could change the field of reconstructive surgery. Website http://www.airxpanders.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round Series D Proceeds … Continue reading “AirXpanders Receives $10,000,000 Series D Round”
SquareTrade Receives $238,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3b198c63-ec91-4df8-9ac1-b32df16fc3e8&Preview=1 Date 1/25/2012 Company Name SquareTrade Mailing Address 575 Market Street San Francisco, CA 94105 Company Description SquareTrade makes warranties that make sense. With lower prices (40% less on average than retail warranties), a no-pressure way to buy online, and no-hassle 5-day service guarantee, SquareTrade is the smart choice for warranty coverage. … Continue reading “SquareTrade Receives $238,000,000 New Financing”
ModeWalk Obtains $1,800,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=95fc3d70-b2bf-4d42-b4da-c1339a9bb1a9&Preview=1 Date 1/25/2012 Company Name ModeWalk Mailing Address 38 W 5th Ave San Mateo, CA 94402 Company Description ModeWalk is an innovative way to discover and experience the world’s most exquisite luxuries. Our members can explore the magical universe of haute couture, experience fashion week runways and shop coveted secrets from the … Continue reading “ModeWalk Obtains $1,800,000 Series A Financing Round”
Avalanche Technology Lands $11,500,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=757439b9-5205-41aa-952a-dc49474dd915&Preview=1 Date 1/25/2012 Company Name Avalanche Technology Mailing Address 48371 Fremont Blvd Fremont, CA 94538 Company Description Avalanche Technology set out to fundamentally change the $53B memory industry with a disruptive low power non-volatile magnetic memory. Not only solving the technology scaling challenges faced by existing charge based memories, Avalanche is also … Continue reading “Avalanche Technology Lands $11,500,000 Series A Funding”
Timehop Receives New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4a936ff7-e428-4a3e-9944-3349849cbf64&Preview=1 Date 1/25/2012 Company Name Timehop Mailing Address 22 West 21st St 8th Fl New York, NY 10010 Company Description The product Timehop offers is a daily email that shows you what you did 1 year ago today, every morning. It’s a daily dose of nostalgia that must be experienced first-hand to … Continue reading “Timehop Receives New Financing Round”
Performance Horizon Group Garners New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8c884255-dc25-4289-afc8-3a7f316c790f&Preview=1 Date 1/25/2012 Company Name Performance Horizon Group Mailing Address 55th and 6th New York, NY 10019 Company Description Providing powerful insight into online performance marketing is at the heart of Performance Horizon Group (PHG). The founding team at PHG have over 50 years’ experience within the online performance marketing space, having … Continue reading “Performance Horizon Group Garners New Funding”
Detroit Startup Takes a 2.0 Approach to Capturing, Sharing Wedding Memories
Brett deMarrais had only been to one wedding in his life—his cousin’s—before he launched his company in 2010. “I saw that they didn’t have a videographer, and I found out the reason why was because of the price,” deMarrais says. “My cousin always regretted that decision.” Like so many entrepreneurs before him, deMarrais had a “there must be … Continue reading “Detroit Startup Takes a 2.0 Approach to Capturing, Sharing Wedding Memories”
Sramana Mitra on Capitalism 2.0
At this event organized by the Commonwealth Club of California, Sramana Mitra, Founder, 1M/1M Global Initiative, will discuss “how Capitalism 1.0 has been hijacked by speculators, and why entrepreneurial hubs should be democratized to increase the distribution of capitalism.” Details and registration here.
“Vulture” Capital? Far From It
They say the first casualty of war is the truth. Based upon recent events in the U.S. presidential elections, it looks like the truth is a casualty in politics as well. Whether out of desperation, ignorance, or political convenience, current and former contenders for the Republican presidential nomination have been questioning the long-term economic value … Continue reading ““Vulture” Capital? Far From It”
Burgess, Cormier, Kane, and Lynch Join Mobile Madness Lineup on March 14
The speaker list for Mobile Madness 2012 keeps getting better and better. I’m still plugging away at the agenda, but wanted to post a quick update here. Boston’s premier conference on mobile software and devices, if I do say so myself, takes place the afternoon of March 14 at Microsoft NERD in Kendall Square. The … Continue reading “Burgess, Cormier, Kane, and Lynch Join Mobile Madness Lineup on March 14”
Producteev Launches Windows App to One-Up Competition in Task Management
New York’s Producteev released on Tuesday the first Windows desktop version of its task management software in an effort to become more ubiquitous than its rivals. Producteev’s software lets users who work collaboratively organize, update, and see who is responsible for getting specific jobs done. The platform can be accessed via mobile apps, the Web, … Continue reading “Producteev Launches Windows App to One-Up Competition in Task Management”
Amazon Boosting Game Teams in Seattle, CA with Social & Mobile Focus
Amazon.com’s cloud-computing services already power some of the biggest names in online gaming. Its new Kindle Fire tablet and app store are giving game publishers a critical new sales channel. And now, the e-commerce pioneer appears to be getting more serious about publishing its own games. Over the last few months, Amazon (NASDAQ: [[ticker:AMZN]]) has … Continue reading “Amazon Boosting Game Teams in Seattle, CA with Social & Mobile Focus”
Symform Adds $2M for Peer-to-Peer Data Storage
Symform, a business IT startup that employs users as storage nodes on a distributed data network, has raised $2 million from WestRiver Capital. The company says that rounds out its Series A fundraising at $7.5 million. Symform was founded in 2007 by ex-Microsofties Praerit Garg and Bassam Tabbara. Symform’s previous investors are Kirkland’s OVP Venture … Continue reading “Symform Adds $2M for Peer-to-Peer Data Storage”
Apptopia Hopes to Bring Broker Flair To Mobile App Marketplace
The vast majority of mobile applications in the marketplace aren’t coming from well-established businesses, but experimental developers. The apps can even accrue a good user following, but those developers don’t exactly have the skills or desire to build a business around their creations. “It’s laughable how many times I’ve heard, ‘I didn’t get into this … Continue reading “Apptopia Hopes to Bring Broker Flair To Mobile App Marketplace”
Eric Schmidt-Backed Slice Helps Users Track Their Online Purchases
Slice, the online purchase-tracking site backed by heavy hitters including Google executive chairman Eric Schmidt and Playdom founder Rick Thompson, started as a research project. While looking for a new business venture, company founders and Scott Brady, Harpinder Madan, and Eric Botto took a close look at the e-commerce industry and the massive amount of … Continue reading “Eric Schmidt-Backed Slice Helps Users Track Their Online Purchases”
Report: Gilt Layoff Rumors Confirmed, Two Top Execs Depart
Even the hottest companies suffer growing pains, as evidenced by the recent layoffs at Gilt Groupe, the flash-sales site that raised a remarkable $138 million in a Series E financing earlier this year and later bought troubled daily-deals site BuyWithMe. After weeks of rumors, Gilt’s CEO Kevin Ryan told AllThingsD that Gilt has cut 10 percent of … Continue reading “Report: Gilt Layoff Rumors Confirmed, Two Top Execs Depart”
Vertex Vows to Fight On With Alios Drugs in High-Stakes Hepatitis C Race
Vertex Pharmaceuticals went from king of the hill in the treatment of hepatitis C to yesterday’s news in about six wild months. But while many on Wall Street say Vertex’s big drug will soon become obsolete, Vertex and its small partner in South San Francisco have quietly put themselves in position to defend a big … Continue reading “Vertex Vows to Fight On With Alios Drugs in High-Stakes Hepatitis C Race”
XLerant Obtains $3,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=14880d4d-3d80-49d2-b031-289b94c9c6b2&Preview=1 Date 1/24/2012 Company Name XLerant Mailing Address 12 S. Main Street Norwalk, CT 06854 Company Description BudgetPak is the only budgeting tool that actually assists line managers in creating valid cost center budgets the first time around, saving countless hours of budget validation and rework. BudgetPak helps control budget inflation by … Continue reading “XLerant Obtains $3,000,000 Series B Funding Round”
Bluefin Labs Lands $12,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4a7ba534-dab4-42fe-9912-94019562e4ba&Preview=1 Date 1/24/2012 Company Name Bluefin Labs Mailing Address One Kendall Square B17001 Cambridge, MA 02139 Company Description The company is developing technology for analyzing and indexing sports video. Website http://www.bluefinlab.com Transaction Type Venture Equity Transaction Amount $12,000,000 Transaction Round Series B Proceeds Purposes The new financing will be used to accelerate … Continue reading “Bluefin Labs Lands $12,000,000 Series B Financing Round”