In a remarkable test of will, I’m going to avoid any Thanksgiving-related puns and just dive straight into this wrapup of the past week in Xconomy Seattle’s tech headlines, covering everything from Black Friday shopping apps to the latest rumblings of possible doom from a local wireless company. —The crew at Seattle startup Decide made … Continue reading “Decide, Avalara, Brad Feld: Pre-Turkey Gems from the Seattle Tech Scene”
The Green Garage Hopes To Incubate Urban Sustainability in Detroit
For months, we watched the renovations and wondered what the heck they were turning that building a few doors down from the Bronx bar into. A Whole Foods, someone said. A bike shop, the construction worker lounging outside the building two summers ago told me confidently. Finally, we divined a name from the sign posted … Continue reading “The Green Garage Hopes To Incubate Urban Sustainability in Detroit”
Ann Arbor Data Center Open House
Online Tech hosts an open house to celebrate the opening of its new data center. Industry and compliance experts from Dell, Comcast, and VMWare will be on hand to answer questions. To register, click here.
With $30M Venture Round, Mellmo Adds Global Offices, New Publishing Capability
Mellmo began life on the move. Now the Solana Beach, CA-based startup is going global. Mellmo, as we’ve explained before, provides business intelligence for mobile users. Its flagship product, Roambi Analytics, is a Web-based service that converts mind-numbing business data from spreadsheets and databases into simple-but-compelling graphic displays—pie charts, bar charts, list views, card index … Continue reading “With $30M Venture Round, Mellmo Adds Global Offices, New Publishing Capability”
A Video Feast: Foodspotting, Foodzie Headline a Food Startup Gathering in San Francisco
Let’s face it: Your whole Thanksgiving weekend is going to be about food. So you might as well start a day early by watching the video below, which captures the entirety of the Food Startups Meetup I moderated last week in downtown San Francisco. Where else, after all, are you going to see the founders … Continue reading “A Video Feast: Foodspotting, Foodzie Headline a Food Startup Gathering in San Francisco”
Lascaux, Funded by Betaworks, Launches Social Art App Mixel for iPad
There are plenty of art and photo-sharing websites and apps on the market, but New York startup Lascaux Co. believes its free app Mixel offers a fresh angle by letting users share images to create collages. The company was co-founded by Khoi Vinh, former digital design director with The New York Times, and Scott Ostler, … Continue reading “Lascaux, Funded by Betaworks, Launches Social Art App Mixel for iPad”
What Happens When a Herd of VCs Runs Away From Biotech? Highlights From Yesterday’s Tweetchat
[Corrected: 8:41 am ET] Turns out you can say a whole lot about the biotech venture capital crisis in 140 characters or less. Yesterday, Xconomy hosted a lively back-and-forth on the state of life sciences investing and innovation with guest Daphne Zohar (@daphnezohar), the founder and managing partner of Boston-based PureTech Ventures. I tried to … Continue reading “What Happens When a Herd of VCs Runs Away From Biotech? Highlights From Yesterday’s Tweetchat”
PBS NewsHour Features Xconomy in Report on Startup Accelerators
In a segment featured Tuesday night on the PBS NewsHour, correspondent Hari Sreenivasan brings an outsider’s curiosity to the strange, wonderful world of startup accelerators. The eight-minute report features Sreenivasan’s interviews with entrepreneurs and mentors at TechStars, AngelPad, and Y Combinator—archetypes of the venture incubator wave (or is it a bubble?) that we’ve been chronicling … Continue reading “PBS NewsHour Features Xconomy in Report on Startup Accelerators”
News Flash: Grass is Green, Sky is Blue, VCs are White Men
“Yeah, I love being famous. It’s almost like being white, y’know?”-Chris Rock On Monday, November 21, the National Venture Capital Association and Dow Jones VentureSource released the results of the 2011 Venture Census, which reported statistics about ethnicity, gender and other characteristics of the venture capital industry garnered from a poll that included 600 VC … Continue reading “News Flash: Grass is Green, Sky is Blue, VCs are White Men”
Allena Kicks Off With $15M, Security Firms Ink Funding, TeraDiode Takes In $10M, & More Boston-Area Deals News
New England startups working on drugs, security software, robots, laser weapons (seriously), and mobile fitness applications have reported a bundle of deals this week heading into Thanksgiving. —Newton, MA-based Allena Pharmaceuticals, a new startup targeting protein therapeutics, premiered with a $15 million Series A financing. The funding came from Third Rock Ventures, Frazier Healthcare, and … Continue reading “Allena Kicks Off With $15M, Security Firms Ink Funding, TeraDiode Takes In $10M, & More Boston-Area Deals News”
Asahi Kasei Pharma Acquires Artisan Pharma for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8d01d403-44cd-49b1-9ea5-44ac5d4a9384&Preview=1 Date 11/23/2011 Company Name Artisan Pharma Mailing Address 230 Third Avenue Waltham, MA 02451 Company Description Artisan Pharma is a biopharmaceutical company dedicated to bringing best-in-class critical care and hospital-based therapeutics to patients. Website http://www.artisanpharma.net Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the … Continue reading “Asahi Kasei Pharma Acquires Artisan Pharma for Undisclosed Sum”
Enphase Energy Garners $7,857,339 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5930ce13-7d11-455a-b149-1138870824e1&Preview=1 Date 11/23/2011 Company Name Enphase Energy Mailing Address 201 1st Street Petaluma, CA 94952 Company Description At Enphase Energy we believe that by combining the power of solar energy and the proven advantages of communications technology, we can change the green energy landscape. Website http://www.enphaseenergy.com Transaction Type Debt, Venture Equity Transaction … Continue reading “Enphase Energy Garners $7,857,339 New Round”
Zinio Receives $20,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd537bae-5fc7-4ef0-9ee6-5e6a9cea7b16&Preview=1 Date 11/23/2011 Company Name Zinio Mailing Address 139 Townsend Street San Francisco, CA 94107 Company Description Founded in March, 2000, Zinio is the recognized leader in digital publishing and marketing services. Why? Because we understand publishing, we know how to create new market and revenue opportunities for publishers and we give … Continue reading “Zinio Receives $20,000,000 New Financing Round”
Major League Gaming Receives $2,500,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=29a9da47-bd89-4a45-be02-5f9dfc098e44&Preview=1 Date 11/23/2011 Company Name Major League Gaming Mailing Address 420 Lexington Ave New York, NY 10170 Company Description Major League Gaming (MLG) is the largest organized league and international sanctioning body for the world’s fastest growing competitive sport: professional video gaming. Website http://www.mlgpro.com Transaction Type Debt Transaction Amount $2,500,000 Transaction Round … Continue reading “Major League Gaming Receives $2,500,000 New Funding”
Puma Biotechnology Lands $5,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6358530e-ab65-46fd-be00-ff4f9acee570&Preview=1 Date 11/23/2011 Company Name Puma Biotechnology Mailing Address 10940 Wilshire Blvd Los Angeles, CA 90024 Company Description Puma Biotechnology, Inc. is a development-stage biopharmaceutical company dedicated to in-licensing and developing novel therapeutics for the treatment of cancer. Website http://www.pumabiotechnology.com Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Puma Biotechnology Lands $5,000,000 New Round”
Solaria Lands $30,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=482d5fb9-2cfa-4879-9df3-7a269f6b4052&Preview=1 Date 11/23/2011 Company Name Solaria Mailing Address 6200 Paseo Padre Parkway Fremont, CA 94555 Company Description Solaria, based in Fremont, CA, has developed a breakthrough technology to deliver low-cost, high-efficiency solar PV solutions. Website http://www.solaria.com Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not … Continue reading “Solaria Lands $30,000,000 New Round”
Formlabs Lands $500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1908f963-3ac6-466e-9647-33c3c224e9b6&Preview=1 Date 11/23/2011 Company Name Formlabs Mailing Address 14 Lopez Street Cambridge, MA 02139 Company Description The company, which has no website of its own yet, is working on making a low-cost 3D printer that is intended to be affordable enough that “everyday people” could use it to make three dimensional forms, … Continue reading “Formlabs Lands $500,000 New Financing Round”
HighlightCam Receives $2,824,869 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4f9d5132-d432-458b-9bac-d83caa2ea9c0&Preview=1 Date 11/23/2011 Company Name HighlightCam Mailing Address 100 N Wsisman Road Mountain View, CA 94043 Company Description HighlightCam’s app automatically creates a pro-quality minimovie generated from unedited videos taken on an iPhone or iPod Touch. The technology that makes this possible reflects 5 man-years of R&D by a team of individuals … Continue reading “HighlightCam Receives $2,824,869 New Financing Round”
PharmaJet Receives $3,354,297 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dce03a83-063b-413a-a954-c00e4ab67797&Preview=1 Date 11/23/2011 Company Name PharmaJet Mailing Address 400 Corporate Circle Golden, CO 80401 Company Description Our product delivers pharmaceuticals – vaccines and drugs – through the skin. We accomplish this using jet injection technology. We do not use needles – big or small, or patches of any kind. Website http://www.pharmajet.com Transaction … Continue reading “PharmaJet Receives $3,354,297 New Funding Round”
For A Boost Building Mobile Apps, Web Developers Step On the Appcelerator
Apple’s iPhone and iPad may be the hottest, most stylish gadgets out there—in fact, the San Francisco Museum of Modern Art has already enshrined the iPad 2 in an exhibit on industrial design. But inside, iOS devices use a programming language that’s truly antiquated. It’s called Objective-C, and it rose to prominence in the late … Continue reading “For A Boost Building Mobile Apps, Web Developers Step On the Appcelerator”
Pfizer Acquires Excaliard, an Isis Spinout With Drug to Fight Excessive Scarring
Pfizer is making a new bet on a new drug to fight excessive scarring, by acquiring a former skunkworks project from Isis Pharmaceuticals (NASDAQ: [[ticker:ISIS]]). New York-based Pfizer (NYSE: [[ticker:PFE]]) said today it has reached an agreement to acquire Carlsbad, CA-based Excaliard Pharmaceuticals, a spinoff from Isis. Terms of the deal aren’t being disclosed, but … Continue reading “Pfizer Acquires Excaliard, an Isis Spinout With Drug to Fight Excessive Scarring”
Jury Convicts Financial Advisor in Murder of Life Sciences Investor
Here at Xconomy, it’s unusual for us to shift far from our focus on the business of innovation—especially to cover something off the local police blotter. But the 2010 murder of retired biotech CEO and angel investor John G. Watson hit close to home for San Diego’s innovation community, especially among local life sciences investors … Continue reading “Jury Convicts Financial Advisor in Murder of Life Sciences Investor”
Cloud Vets Start PaperShare, Giving IT Pros a Better Place to Geek Out
What do you do with stuff that’s just too nerdy to discuss on Facebook? For some technical professionals, the answer still lies in sites that are very Web 1.0—long lists of links, few sharing functions, very basic design. Doug Brown knows this well. Since 1999 he’s been running the site DABCC, which focuses on a … Continue reading “Cloud Vets Start PaperShare, Giving IT Pros a Better Place to Geek Out”
Prospect Venture Partners’ Alex Barkas Dies Suddenly
Xconomy is sad to report that Alex Barkas, a prominent biotech venture capitalist with Prospect Venture Partners, died suddenly on Monday. He was 64. The cause of death hasn’t been determined, but it was sudden and unexpected, said David Schnell, a longtime colleague and fellow managing director at Prospect. “Alex was genuinely a wonderful person, … Continue reading “Prospect Venture Partners’ Alex Barkas Dies Suddenly”
7 Questions LPs Should Ask VCs (But Don’t)
It’s that time of year: annual investor meetings for limited partners (LPs). LPs are the people who fund venture firms and the general partners (GPs) are the people who lead them. At these meetings, LPs pour over general partners’ (GPs’) reports, calculate TVPI (total value: paid in)/ IRR (internal rate of return), digest confidential past … Continue reading “7 Questions LPs Should Ask VCs (But Don’t)”
Xconomist of the Week: Larry Smarr’s Quest for ‘Quantified Health’
A couple of months ago, the publisher and CEO of the weekly Strategic News Service Newsletter introduced an article by San Diego Xconomist Larry Smarr, saying, “This issue may be the most important Special Letter we have ever published.” Smarr’s 23-page article, which takes up the newsletter’s entire Sept. 26 issue, is part scientific paper … Continue reading “Xconomist of the Week: Larry Smarr’s Quest for ‘Quantified Health’”
Join Us at Noon ET/9 am PT for a Tweetchat on the Biotech VC Crisis With Daphne Zohar
Just a quick reminder here to join us for the Tweetchat today with Daphne Zohar of PureTech Ventures. This chat, on the crisis in biotech venture capital, will be on Twitter today at Noon Eastern/9 am Pacific. I will be asking questions from @ldtimmerman and @xconomy while Zohar will be answering from her account (@daphnezohar).You … Continue reading “Join Us at Noon ET/9 am PT for a Tweetchat on the Biotech VC Crisis With Daphne Zohar”
Avalara Rockets Ahead with Sales Tax Software while Amazon, Big Retailers Battle
After a year of epic battles with politicians and brick-and-mortar competitors, Amazon.com has made sales-tax policy a relatively sexy topic in the business world. But another Seattle-area technology company has been working for years to navigate complex sales tax systems—and it’s growing like a weed. That company is Avalara. Started by an accountant/developer and based … Continue reading “Avalara Rockets Ahead with Sales Tax Software while Amazon, Big Retailers Battle”
Waggit Takes Startup Weekend NYC
The New York startup scene is literally going to the dogs. Waggit, a platform for finding potential dog sitters among other local pet lovers, on Sunday won the grand prize at Startup Weekend New York City. Like many other Startup Weekend events, the hackathon started off with a massive collision of ideas—some more original than … Continue reading “Waggit Takes Startup Weekend NYC”
Eli Lilly CEO John Lechleiter on Tackling the Pharmaceutical R&D Crisis (Part 2)
Yesterday, we ran the first installment of an interview with Eli Lilly CEO John Lechleiter, in which he says the pharmaceutical industry is breaking out of its current rut, and is beginning to get more productive at pumping out more innovative new drugs. Today, we follow up with the second half of the interview, which … Continue reading “Eli Lilly CEO John Lechleiter on Tackling the Pharmaceutical R&D Crisis (Part 2)”
Marginize Lands $1,318,540 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7271b7a5-2315-429d-9d91-b3a598c4a526&Preview=1 Date 11/22/2011 Company Name Marginize Mailing Address 100 Benefitfocus Way Boston, MA 02115 Company Description Marginize enables real conversations in the margin of any website! Website http://www.marginize.com Transaction Type Venture Equity Transaction Amount $1,318,540 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. Total amount sold includes amounts paid in … Continue reading “Marginize Lands $1,318,540 New Funding Round”
SoluLink Receives $1,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5ee3e797-b96d-4cf6-bbad-9e38aa78d93b&Preview=1 Date 11/22/2011 Company Name SoluLink Mailing Address 9853 Pacific Heights Blvd. San Diego, CA 92121 Company Description SoluLinK specializes in developing and manufacturing high quality, cutting-edge conjugation reagents, and associated products and services for all bioscience applications. We are committed to providing the most comprehensive panel of high quality research reagents … Continue reading “SoluLink Receives $1,000,000 New Funding”
Pfizer Acquires Excaliard Pharmaceuticals for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e2877d98-c1c9-4d58-99fe-b9ace5efbd52&Preview=1 Date 11/22/2011 Company Name Excaliard Pharmaceuticals Mailing Address 2141 Palomar Airport Road Carlsbad, CA 92011 Company Description The company develops therapeutics for the treatment of scarring and fibrotic disorders. Website http://www.excaliard.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed … Continue reading “Pfizer Acquires Excaliard Pharmaceuticals for Undisclosed Sum”
ExactTarget Obtains $40,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=20574107-203d-4953-ad95-45a55b3c0e30&Preview=1 Date 11/22/2011 Company Name ExactTarget Mailing Address 20 North Meridian Street Indianapolis, IN 46204 Company Description ExactTarget is on a mission. We’re dedicated to providing the most powerful on-demand software for email communications and finding the best and brightest marketers on the planet to revolutionize the way people think about email. … Continue reading “ExactTarget Obtains $40,000,000 New Funding”
Xoom Lands $25,000,003 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8619f1ea-d570-43ea-b062-395336ae82c9&Preview=1 Date 11/22/2011 Company Name Xoom Mailing Address 100 Bush Street San Francisco, CA 94104 Company Description Xoom has been operating a successful money transfer service since 2002. Consumers from all around the world use its disbursement network to send money to dozens of countries in the Americas, Africa, Asia, Europe, and … Continue reading “Xoom Lands $25,000,003 New Financing Round”
Rocket Ninja Receives $7,500,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd54201b-8467-400e-8883-abfe49333e23&Preview=1 Date 11/22/2011 Company Name Rocket Ninja Mailing Address 501 2nd street San Francisco, CA 94107 Company Description Rocket Ninja is a social games and apps company that creates high quality entertainment apps emphasizing self expression and personalization. Website http://www.rocketninja.com Transaction Type Venture Equity Transaction Amount $7,500,000 Transaction Round Series B Proceeds … Continue reading “Rocket Ninja Receives $7,500,000 Series B Financing”
Power Assure Receives $1,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3956b485-e217-44a6-9203-adcbf627d819&Preview=1 Date 11/22/2011 Company Name Power Assure Mailing Address 2394 Walsh Avenue Santa Clara, CA 95051 Company Description Power Assure develops and delivers business automation software that reduces energy use and carbon emissions in commercial, corporate, and government data centers. The company’s software platform intelligently manages data center server capacity in real … Continue reading “Power Assure Receives $1,000,000 Series B Funding”
Portola Pharmaceuticals Lands $89,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6ac03b1c-098a-47a7-8e94-aeb73af81b90&Preview=1 Date 11/22/2011 Company Name Portola Pharmaceuticals Mailing Address 270 E. Grand Avenue South San Francisco, CA 94080 Company Description Portola Pharmaceuticals, Inc. is a private biopharmaceutical company dedicated to the discovery, development and commercialization of novel therapeutics for acute and chronic cardiovascular and vascular disease. Portola has two drug candidates in … Continue reading “Portola Pharmaceuticals Lands $89,000,000 New Funding Round”
Microsoft Acquires VideoSurf for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c6b1b67d-69c5-484f-9008-b95c077f1677&Preview=1 Date 11/22/2011 Company Name VideoSurf Mailing Address 400 S. El Camino Real San Mateo, CA 94402 Company Description VideoSurf is the leader in video discovery. Through its patented computer vision technology, VideoSurf enables consumers to discover, search and identify videos on any device. In addition to audio recognition, VideoSurf uses proprietary … Continue reading “Microsoft Acquires VideoSurf for Undisclosed Sum”
Remedy Pharmaceuticals Secures $500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5914b6db-fca1-476f-801b-6be6985a6206&Preview=1 Date 11/22/2011 Company Name Remedy Pharmaceuticals Mailing Address Undisclosed New York, NY 10001 Company Description Remedy Pharmaceuticals, Inc. is a clinical stage company developing small molecule drugs targeting NCCa-ATP channels in acute central nervous system injury including traumatic brain injury, stroke, and spinal cord injury. Website http://www.remedypharmaceuticals.com Transaction Type Venture Equity … Continue reading “Remedy Pharmaceuticals Secures $500,000 New Financing”
Navy Draws Heavy Media Coverage for Biggest Biofuel Sea Trial
It seems doubtful that the U.S. Navy has ever gotten as much media attention for offshore cruising between San Diego and Port Hueneme as the decommissioned destroyer Paul H. Foster received last week. The Spruance-class destroyer, which has been refitted to serve in various ways as an ocean-going test platform, arrived at the naval base … Continue reading “Navy Draws Heavy Media Coverage for Biggest Biofuel Sea Trial”
ArdentCause: Women on the Verge
One day, Rosemary Bayer came to her friend Kathleen Norton-Schock with an idea sparked by her experience as a volunteer for the Michigan Council of Women in Technology (MCWT): How could a nonprofit better manage volunteers and resources while improving communication with grantees? Though they didn’t realize it at that moment, Bayer’s idea became the … Continue reading “ArdentCause: Women on the Verge”
Box Reaches Out to Developers in a Bid to Promote Its Cloud File Sharing Service
Box, the Palo Alto file-sharing startup that recently snagged another $81 million in venture funding, has started to throw around the “E” word: ecosystem. At a media event in San Francisco last Thursday night, the company announced the formation of a community program called the Box Innovation Network—abbreviated /bin, a clever reference to a common … Continue reading “Box Reaches Out to Developers in a Bid to Promote Its Cloud File Sharing Service”
Hunch, Backed by Bessemer Venture Partners, Acquired by EBay
New York’s Hunch, which uses its technology to provide data insights on what consumers want, said on its blog Monday that it was acquired by online auction heavyweight eBay (Nasdaq: [[ticker:EBAY]]) in San Jose, CA. Financial terms were not disclosed by the companies. However, reports valued the deal at $80 million. EBay says it plans to … Continue reading “Hunch, Backed by Bessemer Venture Partners, Acquired by EBay”
Six Cities, Six Big Tech Ideas on Dec. 1: Here’s the Agenda
This is life’s big question: what should you spend your time on? If you’re starting a company, you probably want to do something fun that lets you be your own boss and maybe, just maybe, gives you a good shot to strike it rich. If you’re an investor, you want to make money and be … Continue reading “Six Cities, Six Big Tech Ideas on Dec. 1: Here’s the Agenda”
What Startup Employees Should Know About Their Equity
SecondMarket is organizing an evening of cocktails and conversation on employee shareholder rights. From the organizers: “Are you a startup employee or shareholder interested in learning more about your rights, liquidity options and the value of your equity or stock options? Please join SecondMarket for an evening of Cocktails & Conversations: What Startup Employees Should … Continue reading “What Startup Employees Should Know About Their Equity”
Yelp, Intermolecular, Hotel Tonight: Bay Area BizTech News by the Numbers
It’s roundup time. From biggest to smallest, here are the major deals and developments around the Bay Area since our last roundup on November 17. $100 million—The amount San Francisco-based Yelp hopes to raise in its initial public offering, according to an S-1 filing made public last Thursday. The local business search site has raised … Continue reading “Yelp, Intermolecular, Hotel Tonight: Bay Area BizTech News by the Numbers”
New York Startups Shapeways, Chloe + Isabel, and HowAboutWe.com Rake in Cash
An array of New York startups, including a 3D manufacturer and a dating website, has raised funding recently: Shapeways, a 3D printing company says in a blog post it raised $5.1 million in a funding round with prior investors Union Square Ventures and Index Ventures. The company’s 3D printing services let customers create products from … Continue reading “New York Startups Shapeways, Chloe + Isabel, and HowAboutWe.com Rake in Cash”
DriveCam Raises $85M, SwoopThat Wins PitchFest, & More San Diego BizTech News
Last week was the storm before the calm, as a warm front of high-tech news moved through the San Diego region before the Thanksgiving holiday. We’ve got the details here. —San Diego-based DriveCam said it raised $85 million through a private placement that will be used mostly for its acquisition of RAIR Technologies. As I … Continue reading “DriveCam Raises $85M, SwoopThat Wins PitchFest, & More San Diego BizTech News”
FitnessKeeper Inks $10M Investment to Develop “Consumer Health Platform”
FitnessKeeper, the Boston-based startup known for its RunKeeper mobile app, is announcing today that it has pulled in a $10 million funding round, led by new investor Spark Capital, with participation from existing investor O’Reilly AlphaTech Ventures (OATV) and new investor Revolution Ventures. The money will go towards helping the company, whose RunKeeper app tracks users’ … Continue reading “FitnessKeeper Inks $10M Investment to Develop “Consumer Health Platform””