Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5a262ba8-f5e7-4ed0-a980-3cdadc98f99f&Preview=1 Date 1/6/2012 Company Name Nimble Mailing Address PO Box 3313 Santa Monica, CA 90408 Company Description Nimble’s core benefit lies in its ability to unify email, calendar activities and the most popular social channels (LinkedIn, Facebook and Twitter), and automatically link this functionality to business contacts. Instead of jumping from application … Continue reading “Nimble Obtains $1,000,000 New Financing”
Healthx Secures $22,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=170589a8-6b4b-42b3-818d-080815de11c0&Preview=1 Date 1/6/2012 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 Venture Equity … Continue reading “Healthx Secures $22,000,000 New Round”
NanoInk Secures $8,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80d6adb2-63db-4dc2-8d00-2118054702bb&Preview=1 Date 1/6/2012 Company Name NanoInk Mailing Address 8025 Lamon Ave Skokie, IL 60077 Company Description NanoInk, Inc. is an emerging growth technology company specializing in nanometer-scale manufacturing and application development for the life science and semiconductor industries. Website http://www.nanoink.net Transaction Type Venture Equity Transaction Amount $8,000,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “NanoInk Secures $8,000,000 New Funding Round”
Piazza Secures $6,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3a1de076-60da-4ce7-87c9-212837bd7298&Preview=1 Date 1/6/2012 Company Name Piazza Mailing Address PO Box 19148 Palo Alto, CA 94309 Company Description Piazza is a free, online collaboration platform for students and teachers to communicate about complex problems in real time. Website http://www.Piazza.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round Series A Proceeds Purposes The … Continue reading “Piazza Secures $6,000,000 Series A Financing”
Natera Lands $20,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=575e4fb3-9b6f-40df-98c0-8261b0085c81&Preview=1 Date 1/6/2012 Company Name Natera Mailing Address 2686 Middlefield Road Redwood City, CA 94063 Company Description Natera is a genetic testing company that has developed a proprietary bioinformatics technology (Parental Support) to deliver accurate and comprehensive high throughput testing for reproductive indications from tiny quantities of DNA – as small as … Continue reading “Natera Lands $20,000,000 New Financing Round”
NumberFire Obtains $650,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c36fc096-1031-4b6b-82b7-27600fb23e75&Preview=1 Date 1/6/2012 Company Name NumberFire Mailing Address 1500 Broadway New York, NY 10003 Company Description numberFire’s propietary technology helps you make smarter decisions by analyzing historical results, and making comparisons between how things happened in the past and how things might happen in the future. Website http://www.numberfire.com Transaction Type Venture Equity … Continue reading “NumberFire Obtains $650,000 Seed Funding Round”
Maxymiser Receives $12,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4b029997-f7f1-497c-a0c2-3bef839b0d6a&Preview=1 Date 1/6/2012 Company Name Maxymiser Mailing Address 22 Cortlandt St. 16th Floor New York, NY 10007 Company Description Maxymiser is the global expert in multivariate testing, personalization and optimization solutions. Website http://www.maxymiser.com Transaction Type Venture Equity Transaction Amount $12,000,000 Transaction Round Undisclosed Proceeds Purposes The funding will be used to help … Continue reading “Maxymiser Receives $12,000,000 New Financing”
ChartBeat Garners $975,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d6cac2e9-fb48-4258-890c-9f894f6deb30&Preview=1 Date 1/6/2012 Company Name ChartBeat Mailing Address 416 W. 13th St. New York, NY 10014 Company Description Chartbeat provides real-time data analytics and performance alerts for your website. Website http://www.chartbeat.com Transaction Type Debt Transaction Amount $975,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms … Continue reading “ChartBeat Garners $975,000 New Funding”
KIT Digital Acquires Sezmi for $27,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=13c25921-f0c7-4c55-b160-2f50ad75259a&Preview=1 Date 1/6/2012 Company Name Sezmi Mailing Address 1301 Shoreway Road Belmont, CA 94002 Company Description Sezmi provides endless entertainment including local and cable TV, movies, and web videos–plus, a massive on-demand catalog of shows and movies. Website http://www.sezmi.com Transaction Type M&A Transaction Amount $27,000,000 Transaction Round Proceeds Purposes M&A Terms KIT … Continue reading “KIT Digital Acquires Sezmi for $27,000,000”
Digabit Secures $1,010,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=82bfb8ab-e13c-4af8-8763-1e93ce4dbdd0&Preview=1 Date 1/6/2012 Company Name Digabit Mailing Address 215 Union Blvd Lakewood, CO 80228 Company Description The company offers the Documoto Interactive Web Application. Website http://www.digabit.com Transaction Type Venture Equity Transaction Amount $1,010,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor Undisclosed
Mirador Biomedical Gets FDA Green Light to Expand Use of Digital Sensor
Seattle-based Mirador Biomedical has won FDA clearance to market its medical device for a new set of uses, which doctors have been asking about for months. Mirador said today that its digital pressure sensor technology, which it calls its Compass platform, is now cleared by the FDA for a half dozen different medical uses. The … Continue reading “Mirador Biomedical Gets FDA Green Light to Expand Use of Digital Sensor”
RealNetworks CFO Stepping Down
RealNetworks, which recently installed a new CEO, is looking for a new financial chief. The company says CFO Michael Eggers is leaving effective April 15, via a filing with federal regulators (hat tip to John Cook at GeekWire for spotting). Eggers has been at RealNetworks (NASDAQ: [[ticker:RNWK]]) for 14 years, according to the SEC filing—quite … Continue reading “RealNetworks CFO Stepping Down”
CytoPherx Raises $34M Toward Finishing Clinical Trial
Ann Arbor-based CytoPherx, a medical device company focusing on inflammation-based diseases, announced yesterday that it has raised $34 million in a new round of financing. A large group of investors participated in the round, including Ohio-based Early Stage Partners, California-based Onset Ventures, and Wisconsin-based Capital Midwest Fund. This latest round of funding comes on top … Continue reading “CytoPherx Raises $34M Toward Finishing Clinical Trial”
Health Innovation Summit
Join a group of nearly 50 speakers for a three-day conference on technological innovation in the healthcare marketplace, organized by San Francisco-based healthcare startup accelerator Rock Health. Day 1: Developer Summit. Day 2: Design Summit. Day 3: CEO Summit. Information and registration here.
Social Retail Summit
This afternoon conference will feature discussions about activating online retail communities, flash sales and daily deals, and the role of offline sales in social retail. Speakers include Andrew Ferenci, director of product development at Buddy Media, Ryan O’Donnell, co-founder and CEO of Lets Gift It, and Alexis Fenton, chief marketing officer for Nolcha’s Independent Retailer … Continue reading “Social Retail Summit”
Merck Pours $17M Into Physicians Interactive’s Web Tools for Docs
Marlborough, MA-based Physicians Interactive Holdings announced today that it has formed a deal with Merck Global Health Innovation Fund, a unit of the Whitehouse Station, NJ-based drug giant. Merck (NYSE: [[ticker:MRK]]) has pledged $8.5 million up front and another $8.5 million in milestone payments to Physicians Interactive, which was founded in 2008 and makes a range of … Continue reading “Merck Pours $17M Into Physicians Interactive’s Web Tools for Docs”
Survey: Tech Executives Saw More Pay in 2011, Life Sciences Inched Up
[Updated 1:45 p.m. ET] Executive compensation held relatively steady in 2011 among privately-held life sciences companies, while their peers in the technology sector continued to see salary increases, according to the annual CompStudy survey produced by executive search firm J. Robert Scott and law firm WilmerHale in collaboration with Noam Wasserman, associate professor of business administration … Continue reading “Survey: Tech Executives Saw More Pay in 2011, Life Sciences Inched Up”
Ray Ozzie’s Next Big Thing: Cocomo
Since when is naming your startup and posting a job ad news? When your name is Ray Ozzie, that’s when. The former Microsoft chief software architect and Lotus veteran has surfaced after a year of working behind the scenes. Ozzie reached out to the Boston Globe‘s Scott Kirsner with a teaser about his new project: … Continue reading “Ray Ozzie’s Next Big Thing: Cocomo”
Dendreon Surprises With $82M in Fourth Quarter Sales, Stock Booms
[Update: 6:58 am PT] Dendreon greatly disappointed investors in 2011, but it ended up closing the year out on a stronger note than expected. The Seattle-based biotech company (NASDAQ: [[ticker:DNDN]]) said today it generated $82 million in fourth quarter gross product revenues for sipuleucel-T (Provenge), its immune-boosting therapy for prostate cancer. The company hasn’t yet … Continue reading “Dendreon Surprises With $82M in Fourth Quarter Sales, Stock Booms”
CircuLite Attracts Big Support for Tiny Heart-Assist Device
Yesterday Saddle Brook, NJ-based CircuLite announced it received a $950,000 grant to develop a device for patients whose hearts have been weakened by pulmonary arterial hypertension, a rare and potentially fatal disease. The award, which came from the Cardiovascular Medical Research and Education Fund, was the latest vote of confidence in CircuLite’s core technology—a miniscule, … Continue reading “CircuLite Attracts Big Support for Tiny Heart-Assist Device”
At Freestyle, Investing Is A Family-Friendly Alternative to Startup Life
Josh Felser has three kids. Dave Samuel has four. You won’t hear any highfalutin business-speak from these former tech entrepreneurs about why they started Freestyle Capital, their San Francisco-based seed-stage investing fund. They say they did it because they recognized that it’s pretty hard to create a business and be an involved parent at the … Continue reading “At Freestyle, Investing Is A Family-Friendly Alternative to Startup Life”
With StarCite Deal, Active Network Deepens Focus on Business Events
[Updated 1/5/12 8:05 am. See below.] San Diego’s Active Network (NYSE: [[ticker:ACTV]]) made roughly 50 acquisitions since it was founded (in 1998), but the company has become more deliberate about its deals since it paused in 2010 to overhaul its Software as a Service technology and prepare for last year’s IPO. The Active Network provides … Continue reading “With StarCite Deal, Active Network Deepens Focus on Business Events”
Forma Cuts $65M Deal With Boehringer Ingelheim to Discover Cancer Drugs
Another six months have gone by, so it must be time for another deal for Forma Therapeutics. Sure enough, Watertown, MA-based Forma is announcing today it has struck a partnership to discover new cancer drugs with Germany-based Boehringer Ingelheim. The deal provides $65 million to Forma in a combination of upfront cash and four years’ … Continue reading “Forma Cuts $65M Deal With Boehringer Ingelheim to Discover Cancer Drugs”
Startup Weekend Shuts Down Eight-City Startup Foundation Project
Startup Weekend, the Seattle-based nonprofit that runs an international network of hackathon events, is shutting down its effort to create a sister organization called the Startup Foundation. That project, first reported by Xconomy back in June, aimed to create a more permanent presence in individual cities that could help stimulate the entrepreneurial community. When I … Continue reading “Startup Weekend Shuts Down Eight-City Startup Foundation Project”
FirstFuel Software Selected for DoD Energy Efficiency Initiative
Lexington, MA-based FirstFuel Software is among a crop of experimental energy projects picked to help the Department of Defense curb its energy output across military installations, the company announced yesterday. The startup was one of 27 teams selected as part of the DoD’s Installation Energy Test Bed initiative, a program designed to help emerging energy technologies … Continue reading “FirstFuel Software Selected for DoD Energy Efficiency Initiative”
GITR Lands $1,250,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ee131e85-0505-4426-87f6-048c5c5db3de&Preview=1 Date 1/5/2012 Company Name GITR Mailing Address 55 Cambridge Parkway Cambridge, MA 02142 Company Description The company is developing novel approaches to immunomodulatory responses to cancer. Website Undisclosed Transaction Type Venture Equity Transaction Amount $1,250,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture … Continue reading “GITR Lands $1,250,000 New Round”
Soteira Receives $347,362 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=92dc48ef-5814-4b72-a46d-456e172c0eff&Preview=1 Date 1/5/2012 Company Name Soteira Mailing Address 14 Tech Circle Natick, MA 01760 Company Description Soteira, Inc. is developing a system for treatment of vertebral compression fractures in patients with osteoporosis, cancer or traumatic injuries. Soteira’s design provides a superior biomechanical structure and better control of cement flow than other solutions. … Continue reading “Soteira Receives $347,362 New Financing Round”
Quanterix Garners New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d87755ba-6890-4e05-b8e0-a1945c269cf8&Preview=1 Date 1/5/2012 Company Name Quanterix Mailing Address One Kendall Square Building 1400 Cambridge, MA 02139 Company Description At Quanterix, our principal focus is to improve human health by providing physicians, drug developers, and researchers with the ability to detect and analyze important biomolecules within complex biological samples at the level of … Continue reading “Quanterix Garners New Funding Round”
ImmuneXcite Secures $2,418,788 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a3e0123-a943-4794-979a-ac243e3a532e&Preview=1 Date 1/5/2012 Company Name ImmuneXcite Mailing Address 64 Grove Street Watertown, MA 02472 Company Description ImmuneXcite has developed a proprietary platform technology for enhancing the efficacy of therapeutic monoclonal antibodies for oncological and infectious disease targets. Website http://www.immunexcite.com Transaction Type Venture Equity Transaction Amount $2,418,788 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “ImmuneXcite Secures $2,418,788 New Funding”
JeNu Biosciences Secures $1,500,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=da5f1079-cc59-4eeb-8446-471319882b1d&Preview=1 Date 1/5/2012 Company Name JeNu Biosciences Mailing Address 3911 Ne Belvoir Place Seattle, WA 98105 Company Description JeNu is looking to use ultrasound waves to deliver specially formulated creams into the skin, or simply, “put good things into the skin,”. Website Undisclosed Transaction Type Venture Equity Transaction Amount $1,500,000 Transaction Round … Continue reading “JeNu Biosciences Secures $1,500,000 New Funding”
NeuroGenetic Pharmaceuticals Obtains New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7afda954-04eb-4aee-ab6a-b64f917f067c&Preview=1 Date 1/5/2012 Company Name NeuroGenetic Pharmaceuticals Mailing Address 445 Marine View Ave Del Mar, CA 92014 Company Description NeuroGenetic Pharmaceuticals is a privately held biotech company founded in 2009 with worldwide exclusive rights to a platform of gamma-secretase modulators. Website http://www.neurogeneticpharmaceuticals.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed … Continue reading “NeuroGenetic Pharmaceuticals Obtains New Funding”
Eved Obtains $9,500,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=95de22dd-114b-4336-969a-5217fe0d6dd0&Preview=1 Date 1/5/2012 Company Name Eved Mailing Address 4811 Oakton Street Skokie, IL 60077 Company Description Eved is a web-based marketplace that provides meeting professionals, venues, and suppliers with a more efficient way to interact and transact online. We connect buyers and suppliers in the meeting and event industry through an easy-to-use … Continue reading “Eved Obtains $9,500,000 Series B Funding”
Lithium Technologies Garners $53,400,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=807c880f-6c10-490f-8053-7d4a2e90d9f4&Preview=1 Date 1/5/2012 Company Name Lithium Technologies Mailing Address 6121 Hollis Street Emeryville, CA 94608 Company Description Lithium powers some of the largest customer communities on the Web. We deliver an unparalleled combination of technology and expertise that enables our clients to deploy innovative community solutions. Website http://www.lithium.com Transaction Type Venture Equity … Continue reading “Lithium Technologies Garners $53,400,000 New Round”
SuVolta Garners $17,600,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a9550ddd-371f-4f2c-9060-993edf9063ac&Preview=1 Date 1/5/2012 Company Name SuVolta Mailing Address 130 -D Knowles DriVe Los Gatos, CA 95032 Company Description SuVolta is the developer of PowerShrink(TM) low-power IC technology that cuts chip power consumption by 50 to 90 percent. Website http://www.suvolta.com Transaction Type Venture Equity Transaction Amount $17,600,000 Transaction Round Undisclosed Proceeds Purposes The … Continue reading “SuVolta Garners $17,600,000 New Round”
Synchronoss Technologies Acquires Miyowa for $59,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d6344c82-a124-4332-8ed1-9fa7f5ef98cc&Preview=1 Date 1/5/2012 Company Name Miyowa Mailing Address 19925 Stevens Creek Boulevard Cupertino, CA 95014 Company Description Miyowa is the technology solution for these new mobile phone functions, which will make mobile recommendations a reality across IM, presence, advertising, e-commerce and content in the rapidly converging and evolving mobile market. Website http://www.miyowa.com … Continue reading “Synchronoss Technologies Acquires Miyowa for $59,000,000”
Marvell Acquires Xelerated for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=17e8bc63-9f15-4637-a02c-e22c6dcec081&Preview=1 Date 1/5/2012 Company Name Xelerated Mailing Address 2700 Augustine Drive Santa Clara, CA 95054 Company Description Xelerated is a fabless semiconductor company recognized as being the only network processor vendor to have combined the efficiency of an ASIC with the programmability of traditional network processors. Website http://www.xelerated.com Transaction Type M&A Transaction … Continue reading “Marvell Acquires Xelerated for Undisclosed Sum”
Aisle50 Garners $2,600,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e425f4b8-ba72-4e73-9566-b228efa56d8a&Preview=1 Date 1/5/2012 Company Name Aisle50 Mailing Address Undisclosed Chicago, IL 60601 Company Description Aisle50 was formed in 2011 by a secret cabal of grocery shoppers tired of 10-cent coupons, 30-page newspaper fliers and hard-to-use coupon websites. The goal: bring to the people one exceedingly excellent grocery deal every day. These deals … Continue reading “Aisle50 Garners $2,600,000 New Funding”
Moontoast Receives $6,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=614ea515-8d88-4248-903f-2ffa9375c525&Preview=1 Date 1/5/2012 Company Name Moontoast Mailing Address 300 Brickstone Square Andover, MA 01810 Company Description Moontoast is the leading Distributed Social Commerce Platform for Retailers, Publishers, Musicians and Celebrities. The Moontoast platform enables brands to engage, share, analyze and drive revenue from your fans and consumers directly within any site fans … Continue reading “Moontoast Receives $6,000,000 New Round”
Socialware Secures $200,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c87fa3c7-f872-4a4a-b3b5-4363a174d28f&Preview=1 Date 1/5/2012 Company Name Socialware Mailing Address 6500 River Place Blvd Building V Austin, TX 78730 Company Description Socialware bridges the gap between the enterprise and social networks to transform the way that companies and their employees engage, connect and communicate with clients, partners and one another. Our solutions allow companies … Continue reading “Socialware Secures $200,000 New Round”
Unwired Nation Receives $6,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=771a310a-e610-4c61-a798-cc49a7ab41a2&Preview=1 Date 1/5/2012 Company Name Unwired Nation Mailing Address 11940 Jollyville Rd Austin, TX 78759 Company Description Unwired Nation enables you to create, deliver, and manage a limitless number of individually branded native mobile application instances as a super affordable, simple, service. We provide an integrated cross-platform competitive advantage: secure, direct to … Continue reading “Unwired Nation Receives $6,500,000 New Round”
Founder Dialogues VII
E-Ink co-founder Russ Wilcox will be the featured speaker at this installment of Founder Dialogues, put on by Founder Collective and moderated by the firm’s managing partner Eric Paley. Event details and registration are here.
DIVDAT: Pivoting Into a New Generation of Data Processing
Forty years ago, Al Bierkle, a salesman at Kelly Services, and Bill Bierkle, an IT employee at Chrysler, saw the future of data processing: bulky yet powerful machines that could perform tasks far more efficiently than humans could. Mainframe computers were starting increase in popularity, so the Bierkle brothers plunked down $1,200 a month to … Continue reading “DIVDAT: Pivoting Into a New Generation of Data Processing”
IAC Subsidiary Proust Shutting Down At End of Month
Nearly two years after it was founded within Internet company IAC (Nasdaq: [[ticker:IACI]]) in New York, social scrapbook Proust.com will be no more. E-mails sent out Wednesday announced the website will shut down on Jan. 31. Proust, for now, is an online scrapbook that lets users selectively share personal stories along with photos and videos … Continue reading “IAC Subsidiary Proust Shutting Down At End of Month”
VC Fundraising Scorecard: General Catalyst, Excel, OpenView, & More
[Updated 1/5/12] The first week of the new year is a good time to take stock of where venture capital firms are in their fundraising progress. No question that unless you’re a top-tier firm—and even then, in some cases—raising a sizeable new fund has been very challenging. Back in August, I ran a summary of … Continue reading “VC Fundraising Scorecard: General Catalyst, Excel, OpenView, & More”
Report: Sermo Founders Off to New Company
Founders of Sermo, the Cambridge, MA-based provider of an online community for physicians, are off to a new health-focused Web startup. The news was first reported today at online publication Pharmalot, which noted Sermo CEO Daniel Palestrant’s departure. Sermo founder and chief medical officer Adam Sharp is also a founder of the new startup, Par8o, according to … Continue reading “Report: Sermo Founders Off to New Company”
Seattle Deals: Ubermind, iCopyright, Vizify
—Consulting firm Deloitte has acquired Seattle mobile developer Ubermind, the companies announced Wednesday. Terms of the deal weren’t disclosed. Ubermind CEO Shehryar Khan and founder Donald Brady will join Deloitte Consulting as principals, according to Deloitte’s press release. On its blog, Ubermind says that Deloitte’s large footprint is a big opportunity for the smaller company, … Continue reading “Seattle Deals: Ubermind, iCopyright, Vizify”
Inspiration Bio Founders and Execs Inspired by New Boston Headquarters
When New York hedge fund manager John Taylor co-founded Inspiration Biopharmaceuticals in 2004, his main goal was to help his son, who suffers from the blood-clotting disorder hemophilia. So he and co-founder Scott Martin—a Texan who also has a child with hemophilia—set up a virtual biotech company and began pursuing new treatments for the disease. … Continue reading “Inspiration Bio Founders and Execs Inspired by New Boston Headquarters”
As Internet TV Soars, Verimatrix Software Keeps the “Pay” in Pay-TV
Since it was founded in 2000, San Diego-based Verimatrix has raised about $50 million in institutional venture funding and spent untold hours of software programming to address a relatively simple problem nagging the pay-TV industry for more than a decade. As Verimatrix CEO Tom Munro puts it, “We keep people from watching television without paying … Continue reading “As Internet TV Soars, Verimatrix Software Keeps the “Pay” in Pay-TV”
Coffee & Power Puts A Jolt of Creativity Into Crowdsourcing
After building a vast virtual world with a complex internal economy sustained by the labor of more than a million active users, what do you do for an encore? For Philip Rosedale, the founder and former CEO of Linden Lab, the company behind Second Life, the answer was to try to recreate some of the … Continue reading “Coffee & Power Puts A Jolt of Creativity Into Crowdsourcing”
Isis, Biogen Strike Potential $299M Deal For Rare Spine Disorder Treatment
Isis Pharmaceuticals has found a new partner in Biogen Idec that’s betting a large amount of money on a new therapy for a rare spinal disorder in newborns. Weston, MA-based Biogen Idec (NASDAQ: [[ticker:BIIB]]) said today that it has agreed to work with Carlsbad, CA-based Isis Pharmaceuticals (NASDAQ: [[ticker:ISIS]]) on an experimental antisense drug for … Continue reading “Isis, Biogen Strike Potential $299M Deal For Rare Spine Disorder Treatment”