Swipely Expands Card-Linked Customer Loyalty Program to Boston

Providence, RI-based Swipely is kicking off a discount program in Boston that it says will give shoppers discounts and earn local merchants a more loyal, consistent customer base. Swipely first got started as a platform that enabled consumers to broadcast and review purchases they made on their debit and credit cards, but switched its focus … Continue reading “Swipely Expands Card-Linked Customer Loyalty Program to Boston”

Third Rock Looks to Fight Fat in a New Way, With Ember Therapeutics

Obesity is one of the biggest public health problems of the 21st century, and now a Boston biotech startup is looking to fight it in an unorthodox way. The bet at Ember Therapeutics is that it can coax the body to burn off some of that unwanted fat. The company is emerging from stealth mode … Continue reading “Third Rock Looks to Fight Fat in a New Way, With Ember Therapeutics”

Amazon Web Services Opens New Region in Brazil

Amazon Web Services has opened an eighth global center to serve cloud-computing customers, expanding to South America for the first time with a new computing region in Brazil. The company says the new region, known as Sao Paulo, will improve speeds for end users in South America. On his blog, Amazon CTO Werner Vogels says … Continue reading “Amazon Web Services Opens New Region in Brazil”

IBM Acquires Emptoris for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a65f5717-ab0c-4ebb-b848-0d2827884d87&Preview=1 Date 12/15/2011 Company Name Emptoris Mailing Address 200 Wheeler Rd. Burlington, MA 01803 Company Description Emptoris integrates spend analysis, sourcing, contract management, compliance, supplier performance management, and program management solutions in an integrated suite that helps customers optimize their business to quickly and successfully. Website http://www.emptoris.com Transaction Type M&A Transaction Amount … Continue reading “IBM Acquires Emptoris for Undisclosed Sum”

Montage Talent Obtains $3,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=62c6a036-5be1-4759-bce4-5082e4a1d447&Preview=1 Date 12/15/2011 Company Name Montage Talent Mailing Address 514 Wells Street Delafield, WI 53018 Company Description Montage Talent is led by recruitment industry innovators with expertise in talent acquisition, staffing and enterprise software. Website http://www.montagetalent.com Transaction Type Venture Equity Transaction Amount $3,000,000 Transaction Round Undisclosed Proceeds Purposes The proceeds will be … Continue reading “Montage Talent Obtains $3,000,000 New Financing Round”

Ember Therapeutics Garners $34,000,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dcb8a5d0-04c8-4d90-b854-ab75678a8112&Preview=1 Date 12/15/2011 Company Name Ember Therapeutics Mailing Address 29 Newbury Street Boston, MA 02116 Company Description Ember Therapeutics is a product-focused company translating its world-class biology in the emerging area of brown fat and recent breakthroughs in understanding the mechanisms of selective insulin sensitivity into a proprietary pipeline of peripherally-acting treatments … Continue reading “Ember Therapeutics Garners $34,000,000 Series A Funding”

Prezi Garners $14,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8dd5f788-c986-40c5-9729-1edba777b9f2&Preview=1 Date 12/15/2011 Company Name Prezi Mailing Address 857 Montgomery Street San Francisco, CA 94133 Company Description Prezi is a cloud-based presentation software that opens up a new world between whiteboards and slides. The zoomable canvas makes it fun to explore ideas and the connections between them. The result: visually captivating presentations … Continue reading “Prezi Garners $14,000,000 Series B Funding”

StubHub Acquires Zvents for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b9f1bb66-d21d-4eda-937f-022cfc2b9bc3&Preview=1 Date 12/15/2011 Company Name Zvents Mailing Address 1875 South Grant Street San Mateo, CA 94402 Company Description The company is a developer of the Zvents Media Platform, an events search engine that powers media and publishers with dynamic local event content and a targeted, self-service advertising system. Zvents provides a complete … Continue reading “StubHub Acquires Zvents for Undisclosed Sum”

Graphic.ly Lands $499,998 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=544beb71-3964-410b-991d-8b97ed1f1cbb&Preview=1 Date 12/15/2011 Company Name Graphic.ly Mailing Address Undisclosed Boulder, CO 80501 Company Description Graphic.ly is a place for all people that, like us, love the art and story telling that lives within the pages of a comic book or graphic novel, and enjoy nothing more than sharing that enthusiasm with their … Continue reading “Graphic.ly Lands $499,998 New Financing Round”

MicroVentures Secures $150,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b4b7506b-a102-4c74-ac63-09da62318cb5&Preview=1 Date 12/15/2011 Company Name MicroVentures Mailing Address 5918 W. Courtyard Dr Austin, TX 78730 Company Description MicroVentures Marketplace has built a platform that gives start-ups and existing small businesses like yours access to early-stage capital investment or micro investments. Website http://www.microventures.com Transaction Type Venture Equity Transaction Amount $150,000 Transaction Round Undisclosed … Continue reading “MicroVentures Secures $150,000 New Financing Round”

Ann Arbor’s Everist Genomics Develops New Tests for Cancer Risk

There’s a long-held belief that, if caught early, colorectal cancer is almost always treatable through surgery alone. But according to Ann Arbor-based Everist Genomics, nearly one in three Stage 2 colon cancer patients who have surgery alone, without adding chemotherapy, will suffer a recurrence of their cancer. And more than 80 percent of those patients, Everist says, will … Continue reading “Ann Arbor’s Everist Genomics Develops New Tests for Cancer Risk”

Xeround Gets $9M for New Cloud Mission, at New HQ

Cloud-computing startup Xeround, which previously focused on helping telecom companies manage big databases, has raised a $9 million Series C round from its existing investors to bankroll an entirely new mission: database services on public cloud platforms, such as Amazon Web Services or Rackspace. Xeround also has a new headquarters, in Mountain View, CA. The … Continue reading “Xeround Gets $9M for New Cloud Mission, at New HQ”

Hipmunk Homecoming: CEO Adam Goldstein Talks Travel Site Usability

Into the lair of beasts strode Adam Goldstein. Armed only with his wits and a mean set of slides, he descended on the Boston area on a warm, early winter day. He was no stranger to the premises. Goldstein had been an MIT undergrad before moving to San Francisco to participate in the Y Combinator … Continue reading “Hipmunk Homecoming: CEO Adam Goldstein Talks Travel Site Usability”

See You Later at “The Genetics Institute Impact”

We are getting ready this afternoon to head over to the Koch Institute for Xconomy’s biggest life sciences event of the year, “The Genetics Institute Impact.” This event, a reunion of one of Boston’s pioneering biotech companies, is sold out, with more than 275 people registered. We expect standing room only in the back, and … Continue reading “See You Later at “The Genetics Institute Impact””

Anticipating FDA Clearance in 2012, Sotera Wireless Raises $12.2M

San Diego’s Sotera Wireless says it has raised $12.2 million in a Series D round of financing led by the Singapore-based global fund EDB Investments. Sotera says it also signed a commercial agreement with Cerner, the Kansas City, MO-based giant that provides complete health IT systems for hospitals and other medical organizations to integrate and … Continue reading “Anticipating FDA Clearance in 2012, Sotera Wireless Raises $12.2M”

Startup Clinic with Vuuch and SchoolCNXT

This event offers startups a dress rehearsal opportunity for pitching to investors. SchoolCNXT, a provider of online and mobile parent directories, and Vuuch, a problem-solving software maker, will test their skills. More details are here.

Winter 2012 Start Smart

This MIT Enterprise Forum course aims to teach early-stage tech entrepreneurs the fundamentals of kicking off a company. Over the span of nine Mondays, attendees will learn about getting started, building a team, raising capital, positioning a product, pitching to investors, and more. Sign up here.

Outbrain Raises $35M in Series D Round Led by Index Ventures

New York-based startup Outbrain said in a press release issued Wednesday that it raised $35 million in a Series D funding round led by Index Ventures with participation from existing investors Carmel Ventures and Lightspeed Venture Partners. Founded in 2006, Outbrain created a recommendation engine that suggests stories and other material to readers who visit … Continue reading “Outbrain Raises $35M in Series D Round Led by Index Ventures”

TaskRabbit Runs Down $17.8M More for Expansion

TaskRabbit, a San Francisco service-networking startup with roots in Boston, said it has closed $17.8 million in Series B financing led by Lightspeed Venture Partners. Previous investors Baseline Ventures, First Round Capital, Floodgate Fund, Collaborative Fund, and Shasta Ventures, as well as other new investors, participated in the round. TaskRabbit announced a $5 million Series … Continue reading “TaskRabbit Runs Down $17.8M More for Expansion”

Fate Therapeutics Names Biotech Vet Bill Rastetter as Chairman, Interim CEO

Fate Therapeutics has been quiet during a down time for the stem cell business, but now it’s making news by luring a big name into its inner management circle. Bill Rastetter, the CEO of Idec Pharmaceuticals during its long journey to develop the blockbuster lymphoma drug rituximab (Rituxan), has agreed to become the chairman and … Continue reading “Fate Therapeutics Names Biotech Vet Bill Rastetter as Chairman, Interim CEO”

Zillow Shows Why Microsoft Might Love the Kindle Fire: No Google Maps

From its very early days, one of the core appeals of online real-estate marketplace Zillow has been looking up your house (or your neighbor’s, or anyone else’s) on a digital map to see how much it might be worth. “For us, really more than any other app in the category, we start with a map. … Continue reading “Zillow Shows Why Microsoft Might Love the Kindle Fire: No Google Maps”

AesRx Navigates “Valley of Death” to Get Sickle Cell Drug Into Trials

Last week, Newton, MA-based AesRx announced that it has begun human trials of its lead drug, Aes-103, to treat sickle cell disease. To biotech observers, this may not have seemed like a big deal—sickle cell is a rare disease that affects only about 75,000 people in the U.S.—but for AesRx CEO Stephen Seiler, just getting … Continue reading “AesRx Navigates “Valley of Death” to Get Sickle Cell Drug Into Trials”

Merck Chemists Use High-Tech Science to Combat Alzheimer’s Disease Challenge

At an R&D and business briefing meeting that Merck (NYSE: [[ticker:MRK]]) held for Wall Street analysts at its Whitehouse Station, NJ, headquarters in November, the drug giant generated quite a bit of buzz for a drug that’s still several years away from market. That’s because the drug, called MK-8931, may offer a completely new way … Continue reading “Merck Chemists Use High-Tech Science to Combat Alzheimer’s Disease Challenge”

Kinvey, Zink, ImmusanT, and More of this Week’s Boston Dealmakers

IT and life sciences companies around New England shared the deals news pool this week. —Zink pinned down $35 million in a Series B round led by Genii Capital. The Bedford, MA-based company, whose name stands for “zero ink,” is developing technology for inkless printers that can connect to devices like digital cameras. Zink also … Continue reading “Kinvey, Zink, ImmusanT, and More of this Week’s Boston Dealmakers”

TaskRabbit Receives $17,800,000 Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7c55fd11-4dc5-4224-89ab-0c3c1e1f6cdd&Preview=1 Date 12/14/2011 Company Name TaskRabbit Mailing Address 102 Bartlett St. Charlestown, MA 02129 Company Description The company operates a website that enables users to find people to do tasks for them. Website http://www.TaskRabbit.com Transaction Type Venture Equity Transaction Amount $17,800,000 Transaction Round Series B Proceeds Purposes With the support of our … Continue reading “TaskRabbit Receives $17,800,000 Series B Round”

CityVoter Receives $1,584,582 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=09fc99b7-f5aa-457b-96b2-8d879a51941d&Preview=1 Date 12/14/2011 Company Name CityVoter Mailing Address 84 Hamilton Street Cambridge, MA 02139 Company Description CityVoter is a technology and market research company that builds image-based city guides for leading media companies. Website http://www.cityvoter.com Transaction Type Venture Equity Transaction Amount $1,584,582 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “CityVoter Receives $1,584,582 New Round”

Trupanion Obtains $9,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d6ddb8f0-3345-4d3a-9091-0b74edb79e25&Preview=1 Date 12/14/2011 Company Name Trupanion Mailing Address P.O. Box 3306 Lynnwood, WA 98043 Company Description With eight successful years of providing pet insurance in Canada as Vetinsurance, the Trupanion team is now offering the same great service and care to pet parents in United States. Website http://www.trupanionpetinsurance.com Transaction Type Venture Equity … Continue reading “Trupanion Obtains $9,000,000 New Funding Round”

Visible Technologies Lands $1,504,976 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8d13a070-d908-447d-83db-ab562d776365&Preview=1 Date 12/14/2011 Company Name Visible Technologies Mailing Address 3535 Factoria Blvd SE Bellevue, WA 98006 Company Description Visible Technologies empowers companies to track, analyze and participate in consumer-generated media to drive their business forward. Their innovative TruCast platform is the industry’s first complete solution for social media analysis and participation. Visible … Continue reading “Visible Technologies Lands $1,504,976 New Financing Round”

RescueTime Obtains $250,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f5bc4406-73cc-4a59-a9e4-d95a70b8a41c&Preview=1 Date 12/14/2011 Company Name RescueTime Mailing Address Undisclosed Seattle, WA 98104 Company Description RescueTime is a web-based time-management tool that allows you to easily understand how you spend your time online. Website http://www.rescuetime.com Transaction Type Venture Equity Transaction Amount $250,000 Transaction Round Undisclosed Proceeds Purposes The company will use the funding … Continue reading “RescueTime Obtains $250,000 New Funding Round”

BeneChill Secures $14,838,895 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9c9859df-75bf-440c-88bb-0068d457b838&Preview=1 Date 12/14/2011 Company Name BeneChill Mailing Address 10060 Carroll Canyon Rd San Diego, CA 92131 Company Description Benechill Corp. has been working towards reducing tissue damage in patients with cerebral ischemia by rapidly and non-invasively cooling targeted areas of the body. Website http://www.benechill.com Transaction Type Venture Equity Transaction Amount $14,838,895 Transaction … Continue reading “BeneChill Secures $14,838,895 New Funding”

Kidzui Lands $2,400,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a89fa8db-f877-4a2a-b369-22d1b440797b&Preview=1 Date 12/14/2011 Company Name Kidzui Mailing Address 2448 Historic Decatur Rd San Diego, CA 92106 Company Description The company is developing software that lets children harness info from the internet. Website http://www.kidzui.com Transaction Type Venture Equity Transaction Amount $2,400,000 Transaction Round Undisclosed Proceeds Purposes The funding proceeds will be used for … Continue reading “Kidzui Lands $2,400,000 New Financing”

Antengo Lands $415,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2cabd3b7-1c74-4ead-a6f8-b259bac82c38&Preview=1 Date 12/14/2011 Company Name Antengo Mailing Address 4225 Executive Drive La Jolla, CA 92037 Company Description Antengo is a free mobile application that facilitates real-time, location-based, person-to-person and business-to-consumer exchanges and transactions. Website http://www.antengo.com Transaction Type Venture Equity Transaction Amount $415,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “Antengo Lands $415,000 New Round”

Silver Spring Networks Secures $24,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4b335288-22f6-4084-9544-0862afef6be9&Preview=1 Date 12/14/2011 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 low-cost services. Website … Continue reading “Silver Spring Networks Secures $24,000,000 New Financing”

PowerCloud Systems Obtains $6,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1a8639da-75b9-4ae6-bb1f-41612763fccc&Preview=1 Date 12/14/2011 Company Name PowerCloud Systems Mailing Address 3333 Coyote Hill Rd. Palo Alto, CA 94304 Company Description PowerCloud Systems delivers cloud-based software that OEMs integrate with their business networking products. Website http://www.powercloudsystems.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round Series B Proceeds Purposes We have a backlog of … Continue reading “PowerCloud Systems Obtains $6,000,000 Series B Funding”

Xeround Receives $9,000,000 Series C Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=920affa8-55b2-4a27-b14f-92514a809e82&Preview=1 Date 12/14/2011 Company Name Xeround Mailing Address 698 Tasman Drive Milpitas, CA 95035 Company Description Xeround enables a truly scalable cloud computing infrastructure by providing elastic and highly available database software for public and private clouds. Xeround’s cloud database for MySQL-based applications allows service providers, ISVs and customers to easily run … Continue reading “Xeround Receives $9,000,000 Series C Round”

MixRank Receives $1,500,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4ec1bd01-a89a-4f78-8490-ab66c0079773&Preview=1 Date 12/14/2011 Company Name MixRank Mailing Address Undisclosed San Francisco, CA 94123 Company Description MixRank is a spy tool for contextual and display ads. With MixRank you can see exactly where your competitors are buying traffic and which ad copy is performing best for them across over 93,000 Google AdSense sites. … Continue reading “MixRank Receives $1,500,000 New Funding Round”

Tagged Acquires hi5 Networks for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=25b7e558-f7d4-40b6-857e-14cbc481aedf&Preview=1 Date 12/14/2011 Company Name hi5 Networks Mailing Address 55 Second Street San Francisco, CA 94105 Company Description While on hi5, members discover friends, artists, and content. hi5 provides a platform for established artists, underground talent, and everyday people to all gain prominence amongst a worldwide audience. Our members voice their opinions … Continue reading “Tagged Acquires hi5 Networks for Undisclosed Sum”

SurveyMonkey Acquires MarketTools for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=955e5b66-b335-40d8-bbb3-acd35582f80d&Preview=1 Date 12/14/2011 Company Name MarketTools Mailing Address 150 Spear Street San Francisco, CA 94105 Company Description We provide breakthrough quantitative and qualitative online research capabilities, based on your needs and objectives, that combine our own advanced technologies and research expertise with broad and innovative market reach to deliver deeper understanding and … Continue reading “SurveyMonkey Acquires MarketTools for Undisclosed Sum”

Eos Energy Storage Lands $1,655,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5bfd26b1-69b9-4ab9-b0ef-50cf353d606a&Preview=1 Date 12/14/2011 Company Name Eos Energy Storage Mailing Address 3 East 80th Street New York, NY 10075 Company Description Eos develops novel, low-cost energy storage solutions for the electric utility and transportation industries. Eos’ mission is to produce cost effective energy storage solutions that are not only less expensive than other … Continue reading “Eos Energy Storage Lands $1,655,000 New Funding Round”

Outbrain Receives $35,000,000 Series D Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9c28f4af-999c-404b-9844-de789e1f4ac7&Preview=1 Date 12/14/2011 Company Name Outbrain Mailing Address 116 East 16th Street 12th floor New York, NY 10003 Company Description We want to combine the collective intelligence of like-minded RSS/blog readers and save each outbrainer time by floating the best posts and flagging the worst. No need for you to read something … Continue reading “Outbrain Receives $35,000,000 Series D Round”

Carwoo Secures $6,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2809bb6c-584d-41dd-8ab6-24d0abbc5f99&Preview=1 Date 12/14/2011 Company Name Carwoo Mailing Address 3005 NE 66th Avenue Portland, OR 97213 Company Description The company has created an online car buying service. Website http://www.carwoo.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor InterWest Partners Venture … Continue reading “Carwoo Secures $6,000,000 New Funding”

Belly Garners $1,000,000 Seed Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9fc117c7-dde4-4411-a5eb-6d54ccb6bbcc&Preview=1 Date 12/14/2011 Company Name Belly Mailing Address Undisclosed Chicago, IL 60601 Company Description Belly is a universal loyalty program that customers can take with them anywhere! We’re spreading the love to your favorite places, enabling you to earn rewards wherever you go. Website http://www.bellycard.com Transaction Type Venture Equity Transaction Amount $1,000,000 … Continue reading “Belly Garners $1,000,000 Seed Funding”

GreenVolts Secures $35,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=985b4ce3-1022-4bb9-98ee-3c0297a791c9&Preview=1 Date 12/14/2011 Company Name GreenVolts Mailing Address 46400 Fremont Blvd. Fremont, CA 94538 Company Description The company develops solar concentration technology for utility applications. Website http://www.greenvolts.com Transaction Type Venture Equity Transaction Amount $35,000,000 Transaction Round Undisclosed Proceeds Purposes Through the investment ABB gains access to GreenVolts’ proprietary technology and can now … Continue reading “GreenVolts Secures $35,000,000 New Funding”

BrightFarms Lands $4,300,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=42e52eb5-f28c-42dc-962e-7efd53b298c9&Preview=1 Date 12/14/2011 Company Name BrightFarms Mailing Address 211 East 48th Street New York, NY 10017 Company Description BrightFarms designs, finances, builds and operates hydroponic greenhouse farms at supermarkets, eliminating time, distance and cost from the food supply chain. There is no cost to the supermarket retailer, only an obligation to purchase … Continue reading “BrightFarms Lands $4,300,000 Series A Round”

Sold! Clearwire Raises $715M from Stock Sale to Bankroll New Network

Struggling wireless provider Clearwire (NASDAQ: [[ticker:CLWR]]) has raised cash to beef up its network with new, faster technology. Bellevue, WA-based Clearwire says it netted $715.5 million in stock sales Tuesday—$384.1 million in public share sales and another $331.4 million in a separate, private transaction with Sprint, its majority shareholder and customer. It’s another big step … Continue reading “Sold! Clearwire Raises $715M from Stock Sale to Bankroll New Network”

Charles Simonyi on Paul Allen’s Spaceship: I’ll Go, if the Price is Right

When Paul Allen and company discussed their vision for a new kind of private space launch on Tuesday, they made a few nods to an audience member who knows something about the subject: Former Microsoft chief software architect Charles Simonyi, the only private citizen to fly in space twice. While Allen said that he’s planning … Continue reading “Charles Simonyi on Paul Allen’s Spaceship: I’ll Go, if the Price is Right”

Paul Allen Heads Back to Space with Stratolaunch

Noted billionaire space-geek Paul Allen is pushing for the stars again. Allen, the Microsoft co-founder, announced Tuesday that he’s teaming up with aerospace guru Burt Rutan and PayPal co-founder Elon Musk to develop a new private space flight venture called Stratolaunch Systems, which plans to send private crafts into space by launching them from the … Continue reading “Paul Allen Heads Back to Space with Stratolaunch”