Harvest Automation, TeraDiode Lead List of Tech Financing Deals

A list of the most recent tech financings around Boston paints a pretty representative picture of what kinds of companies are getting built here (robotics, hardware, defense tech, custom goods via the Web). Consider: —Billerica, MA-based Harvest Automation, a maker of agricultural robots, has raised $7.8 million in new funding led by Entree Capital. We … Continue reading “Harvest Automation, TeraDiode Lead List of Tech Financing Deals”

Brad Feld’s Startup Advice: Your Company Is Your Product; Get People to Do the Right Thing

“You will have meltdowns on a regular basis. You will have those moments. Make sure you have people you can talk to when you have those moments.” That was Brad Feld, the tech entrepreneur-turned-venture-capitalist, on Friday afternoon, speaking to a room of Boston and New York entrepreneurs and angel investors, at an event organized by … Continue reading “Brad Feld’s Startup Advice: Your Company Is Your Product; Get People to Do the Right Thing”

Eli Lilly CEO John Lechleiter on Tackling the Pharmaceutical R&D Crisis (Part 1)

John Lechleiter has spent his entire 32-year career at Eli Lilly, and now he’s the CEO just as the company faces one of the bigger challenges in its history. Over a three-year stretch, Lilly will lose patent protection on five blockbuster drugs that generated $12.7 billion in sales last year—more than half of its revenues. … Continue reading “Eli Lilly CEO John Lechleiter on Tackling the Pharmaceutical R&D Crisis (Part 1)”

Solais Lighting Garners $1,750,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f1a344d8-aa8f-4562-bde2-3848325c5931&Preview=1 Date 11/21/2011 Company Name Solais Lighting Mailing Address 470 West Ave. Stamford, CT 06902-6359 Company Description Solais Lighting is a market-driven manufacturing company that has designed and built the world’s premier LED lamps with the light-output, focused-beam and full-dimming features required to replace high-efficiency halogen reflector lamps. Website http://www.solaislighting.com Transaction Type … Continue reading “Solais Lighting Garners $1,750,000 New Financing Round”

Daily Grommet Lands $639,366 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd931738-5e0d-4df7-93a9-40cfe015891e&Preview=1 Date 11/21/2011 Company Name Daily Grommet Mailing Address 6 Wallis Court Lexington, MA 02421 Company Description At the heart of it, we’re a bunch of regular folks with a passion for finding Grommets; wonderful products–with interesting stories–that people would love to know about. Website http://www.dailygrommet.com Transaction Type Debt Transaction Amount $639,366 … Continue reading “Daily Grommet Lands $639,366 New Financing Round”

NormOxys Secures $600,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1e1cac62-ce64-4dc8-8fe8-5fb7c3289bea&Preview=1 Date 11/21/2011 Company Name NormOxys Mailing Address 16 Laurel Ave. Wellesley, MA 02481 Company Description NormOxys is developing a novel class of small molecule drugs, oxyrens, which enhance the body’s ability to deliver oxygen more efficiently to diseased tissues with oxygen deficiency. This new class of drugs can be potentially developed … Continue reading “NormOxys Secures $600,000 New Round”

FitnessKeeper Receives $10,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e4d0cadf-a200-41d4-803e-650b5cbe3e69&Preview=1 Date 11/21/2011 Company Name FitnessKeeper Mailing Address 580 Harrison Ave. Fourth Floor Boston, MA 02118 Company Description RunKeeper is a mobile fitness platform that we are building with a simple mission—to make fitness tracking and training easier to use and more fun. No need for expensive standalone devices, now you can … Continue reading “FitnessKeeper Receives $10,000,000 Series B Funding”

Braintree Obtains $1,000,007 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5d1b3469-1fca-4906-ae21-0495e526ebe0&Preview=1 Date 11/21/2011 Company Name Braintree Mailing Address 833 W. Jackson Chicago, IL 60607 Company Description We help businesses process credit card payments by providing a merchant account, payment gateway, recurring billing and credit card storage. We work with companies primarily based in the U.S. but do have several large international customers. … Continue reading “Braintree Obtains $1,000,007 New Funding”

ChanRx Obtains New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cab9e67d-260e-4544-af3b-859c342ed807&Preview=1 Date 11/21/2011 Company Name ChanRx Mailing Address Undisclosed Garfield Heights, OH 44105 Company Description The company is developing small molecule drugs to treat atrial fibrillation. Website Undisclosed Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes The company, a spin out of Cleveland-based ChanTest, will use the funding … Continue reading “ChanRx Obtains New Financing Round”

Amalfi Semiconductor Lands $9,219,254 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80f6d2d9-0a71-4ee1-bd5c-2ad77f0263b6&Preview=1 Date 11/21/2011 Company Name Amalfi Semiconductor Mailing Address 475 Alberto Way Los Gatos, CA 95032 Company Description Amalfi Semiconductor is a fabless developer of high-performance CMOS RF and mixed-signal semiconductors for the cellular industry. Website http://www.amalfisemi.com Transaction Type Debt Transaction Amount $9,219,254 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not … Continue reading “Amalfi Semiconductor Lands $9,219,254 New Round”

eSilicon Lands $2,025,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=64b50281-f68a-4eed-a101-37d26e7c3d28&Preview=1 Date 11/21/2011 Company Name eSilicon Mailing Address 501 Macara Avenue Sunnyvale, CA 94085 Company Description eSilicon Corporation is a rapidly growing semiconductor company that is the leader in its segment. Our only business is the manufacture and design of custom integrated circuits (ICs). Website http://www.esilicon.com Transaction Type Venture Equity Transaction Amount … Continue reading “eSilicon Lands $2,025,000 New Financing”

Serious Energy Obtains $2,967,224 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=382f2784-2959-4a05-91d2-c5f5f74382f5&Preview=1 Date 11/21/2011 Company Name Serious Energy Mailing Address 1250 Elko Drive Sunnyvale, CA 94089 Company Description Serious Energy develops and manufactures sustainable green building materials that considerably reduce the impact of the built environment on the climate. Website http://www.seriousenergy com Transaction Type Venture Equity Transaction Amount $2,967,224 Transaction Round Undisclosed Proceeds … Continue reading “Serious Energy Obtains $2,967,224 New Financing Round”

eBay Acquires Hunch for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=285e0f58-b00a-4f55-ace2-b4c016f214dc&Preview=1 Date 11/21/2011 Company Name Hunch Mailing Address 54 W. 21st Street New York, NY 10010 Company Description Hunch personalizes the internet by helping you to share and discover great recommendations about all sorts of topics. Hunch’s ambitious mission is to build a ‘Taste Graph’ of the entire web, connecting every person … Continue reading “eBay Acquires Hunch for Undisclosed Sum”

eVariant Receives $5,300,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0bbe6e6f-b2db-4478-a2e3-5d78316ed4c8&Preview=1 Date 11/21/2011 Company Name eVariant Mailing Address 86 Hopmeadow Street Simsbury, CT 06089 Company Description As a strategic eBusiness consulting firm, our mission is to help every client realize the ROI on their Marketing, Sales and IT investments. Website http://www.evariant.com Transaction Type Venture Equity Transaction Amount $5,300,000 Transaction Round Undisclosed Proceeds … Continue reading “eVariant Receives $5,300,000 New Financing Round”

A List Games Garners $9,300,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=acf2c204-6f06-40eb-a58a-6941d858ec70&Preview=1 Date 11/21/2011 Company Name A List Games Mailing Address Undisclosed Pasadena, CA 91101 Company Description We’re a marketing partner for digital game makers – indie developers, self-publishers, game distributors, anyone with a promising game ready to hit the market in emerging categories such as MMO, free-to-play, console network, social and mobile … Continue reading “A List Games Garners $9,300,000 Series B Funding”

Covidien Acquires BARRX Medical for $325,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=74a92680-14bd-4e88-88ef-9250c4e78ed7&Preview=1 Date 11/21/2011 Company Name BARRX Medical Mailing Address 540 Oakmead Parkway Sunnyvale, CA 94085 Company Description BARRX Medical, Inc. develops treatment solutions for Barrett’s esophagus, a precancerous condition of the lining of the esophagus (swallowing tube) caused by gastroesophageal reflux disease, or GERD. Website http://www.barrx.com Transaction Type M&A Transaction Amount $325,000,000 … Continue reading “Covidien Acquires BARRX Medical for $325,000,000”

EnTouch Controls Obtains $2,000,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=187edea7-30ec-4441-9455-e50447234b75&Preview=1 Date 11/21/2011 Company Name EnTouch Controls Mailing Address 661 N. Plano Rd Richardson, TX 75081 Company Description With simple to use features, an intuitive full color touchscreen interface, and access through a standard web browser, the EnTouch EMS provides powerful control. Website http://www.entouchcontrols.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction … Continue reading “EnTouch Controls Obtains $2,000,000 Series A Funding”

Melinda Moree Steps Down as CEO of BIO Ventures for Global Health

Melinda Moree, the Seattle-based CEO of a group that serves as a liaison between for-profit biotech and nonprofit global health organizations, is moving on. Moree is stepping down as CEO of BIO Ventures for Global Health, a nonprofit seeks to help develop biotech innovations like drugs, vaccines and diagnostics that can be applied in poor … Continue reading “Melinda Moree Steps Down as CEO of BIO Ventures for Global Health”

Regeneron Wins FDA Approval of Drug for Leading Cause of Blindness in Elderly

The folks at Regeneron Pharmaceuticals are going to have a happy weekend right before they settle down for Thanksgiving. Tarrytown, NY-based Regeneron (NASDAQ: [[ticker:REGN]]) said today it has gotten clearance from the FDA to start selling afilbercept (Eylea) as a new treatment for the “wet” form of age-related macular degeneration. The drug, also known scientifically … Continue reading “Regeneron Wins FDA Approval of Drug for Leading Cause of Blindness in Elderly”

Clearwire Debt, Artale’s Latest, Zoomingo Raises: Week-Ending Seattle News Tidbits

Three quick items from around the Seattle-area tech scene this week: —Clearwire (NASDAQ: [[ticker:CLWR]]) shares have fallen sharply again on word from new CEO Erik Prusch that the Kirkland, WA-based wireless provider could skip an upcoming debt payment. Prusch discussed that possible step in an interview with The Wall Street Journal. The Associated Press and … Continue reading “Clearwire Debt, Artale’s Latest, Zoomingo Raises: Week-Ending Seattle News Tidbits”

DeNovo Sciences Wins Accelerate Michigan’s $500K Grand Prize

Fifty-three companies and 42 angel and investment groups participated in this year’s Accelerate Michigan business plan competition, which just wrapped up Thursday evening with the announcement of contest winners. At stake, according to event organizers, was more than $1 million in cash and prizes. Participants competed for prizes ranging from $10,000 to $500,000 over three … Continue reading “DeNovo Sciences Wins Accelerate Michigan’s $500K Grand Prize”

Harvard Innovation Lab Opens to Foster New Generation of Student Entrepreneurs: Five Things We’ve Already Learned

When last we checked in with Gordon Jones, it was six months ago and he had just been appointed the inaugural director of the Harvard Innovation Lab. It was May, the birds were singing, the Red Sox had pulled out of their season-starting slump, and anything seemed possible. Now the cold, dark days are upon … Continue reading “Harvard Innovation Lab Opens to Foster New Generation of Student Entrepreneurs: Five Things We’ve Already Learned”

Medivo Raises $7M in Series A Funding Round Led by Safeguard Scientifics

Health care IT company Medivo in New York raised $7 million in a Series A funding round led by Safeguard Scientifics (NYSE: [[ticker:SFE]]) in Wayne, PA according to a press release issued Thursday. Medivo, founded in 2010, provides a platform for data analytics and connects lab testing services with physicians and patients. According to the press statement, … Continue reading “Medivo Raises $7M in Series A Funding Round Led by Safeguard Scientifics”

AlloCure Stem Cell Trial Provides Glimpse of Promising Treatment for Kidney Damage

Ever since nephrologist Robert Brenner joined Burlington, MA-based AlloCure in 2010, he’s been eager to find out how the company’s experimental stem-cell treatment for acute kidney injury would perform in people. Last week, he got his first hint of the answer—and it was a positive one. On Nov. 12, AlloCure presented results from a Phase … Continue reading “AlloCure Stem Cell Trial Provides Glimpse of Promising Treatment for Kidney Damage”

How MiNeeds, a Local-Services Startup Run by Software Guys, Softened Up for Weddings

When the ex-Microsofties behind local services site MiNeeds thought about expanding their business, they got what seemed like weird advice. They had built their company as a resource to help people connect with service providers like plumbers, painters, accountants, and more. But when they looked to expand into wedding services, they found a niche that … Continue reading “How MiNeeds, a Local-Services Startup Run by Software Guys, Softened Up for Weddings”

My Immunex Remembrance: Getting Scooped on the Biggest Biotech Story of 2001

We’re less than two weeks away from our biggest Seattle biotech event of the year, “The Immunex Impact” on Dec. 1. As part of this event, I’ve enlisted a number of well-known veterans of Immunex—Dave Urdal, Stewart Parker, Steve Graham, Janis Wignall, Doug Williams and Patricia Beckmann—to share one of their favorite stories about the … Continue reading “My Immunex Remembrance: Getting Scooped on the Biggest Biotech Story of 2001”

Why Mint.com for Health Is a Terrible Idea, and How Keas Pivoted

If you’re a hammer, you just want to smash nails; if you’re a programmer, you just want to build features. But features do not a successful product make. This is the central myopia that eventually blinds even the most brilliant engineer-entrepreneurs, unless they’re smart enough to surround themselves with people who can check their bias. … Continue reading “Why Mint.com for Health Is a Terrible Idea, and How Keas Pivoted”

Veracyte Finds a Way to Make a Buck Cutting Waste in Thyroid Cancer Treatment

How can a company charge $3,500 per patient for some new gee-whiz diagnostic test, and then go around claiming it will save the healthcare system money? Lots of companies hem and haw when asked to prove their medical innovations save the system money, but South San Francisco-based Veracyte is putting cost-effectiveness front and center in … Continue reading “Veracyte Finds a Way to Make a Buck Cutting Waste in Thyroid Cancer Treatment”

Aileron Expands Roche Deal, Agios Gets $78M, Genzyme MS Drug Advances, & More Boston-Area Life Sciences News

Clinical data, startup financings, and collaborations, oh my. It’s been a busy New England life sciences news week. —Cambridge, MA-based Genzyme revealed that its experimental multiple sclerosis treatment, alemtuzumab (Lemtrada), significantly reduced relapses and disability in a Phase 3 trial where it was tested head-to-head against Rebif, a form of interferon sold by EMD Serono and … Continue reading “Aileron Expands Roche Deal, Agios Gets $78M, Genzyme MS Drug Advances, & More Boston-Area Life Sciences News”

Quest Software Acquires VKernel for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ae1229f-e9c6-4a48-9b83-2ac8678f8adf&Preview=1 Date 11/18/2011 Company Name VKernel Mailing Address 300 Brickstone Square Andover, MA 01810 Company Description VKernel is dedicated to developing best-of-breed virtual appliances that enhance performance, lower costs, and simplify management of virtual environments of all sizes. As a certified VMware partner, VKernel offers the industry’s only VMware certified virtual appliances … Continue reading “Quest Software Acquires VKernel for Undisclosed Sum”

DriveCam Lands $85,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4fe20358-379e-4afb-9ebb-003414b42002&Preview=1 Date 11/18/2011 Company Name DriveCam Mailing Address 8911 Balboa Ave San Diego, CA 92123 Company Description DriveCam, Inc. is the leading provider of knowledge-based systems that identify and improve unsafe driving behavior for commercial fleets. Website http://www.drivecam.com Transaction Type Venture Equity Transaction Amount $85,000,000 Transaction Round Undisclosed Proceeds Purposes The investment … Continue reading “DriveCam Lands $85,000,000 New Financing Round”

Swag Of The Month Receives $100,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fbb7a058-49a2-4221-b49f-5f4cdb07c139&Preview=1 Date 11/18/2011 Company Name Swag Of The Month Mailing Address Undisclosed Los Angeles, CA 90040 Company Description Swag of the Month was founded to help bring the newest and hottest trends in men’s fashion directly to people’s doors. We seek to spread the word of new and upcoming clothing designers and … Continue reading “Swag Of The Month Receives $100,000 New Funding”

SetPoint Medical Obtains $1,500,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6ac111fc-c58f-4a6c-bfc0-e9ab1b420f65&Preview=1 Date 11/18/2011 Company Name SetPoint Medical Mailing Address 1000 Twelve Oakes Center Wayzata, MN 55391 Company Description The company develops neuron-modulation platform technology to treat chronic diseases. Website http://www.setpointmedical.com Transaction Type Debt Transaction Amount $1,500,000 Transaction Round Undisclosed Proceeds Purposes Senior convertible promissory note. Proceeds purposes were not disclosed. SEC regulatory … Continue reading “SetPoint Medical Obtains $1,500,000 New Funding”

UserVoice Garners $1,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4c6c5311-a36d-49bb-ad82-d9a2199b2373&Preview=1 Date 11/18/2011 Company Name UserVoice Mailing Address 425 Bush St. San Francisco, CA 94108 Company Description On other projects we were left frustrated and overwhelmed when trying to grasp what our users really wanted. Unorganized inboxes and clogged ticket systems ruled the day. Forums were awash with duplication, user support was … Continue reading “UserVoice Garners $1,000,000 New Financing Round”

Vidyard Receives $1,650,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e924e42-a6ec-42e7-9510-fd2795a4310e&Preview=1 Date 11/18/2011 Company Name Vidyard Mailing Address 130 Descanso Dr San Jose, CA 95134 Company Description Video has come a very long way in a few short years. Print, Television and Radio Media have been converging on the web since it’s very inception. Web-video has become a piece of everyone’s life, … Continue reading “Vidyard Receives $1,650,000 New Funding”

HowAboutWe Garners $15,000,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5387226a-0fed-4158-8330-3da2162b80ab&Preview=1 Date 11/18/2011 Company Name HowAboutWe Mailing Address 27 Ludlow St. Third Floor New York, NY 10002 Company Description The company operates an online dating service. Website http://www.howaboutwe.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round Series B Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Khosla Ventures … Continue reading “HowAboutWe Garners $15,000,000 Series B Funding Round”

Shapeways Receives $5,100,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=50942aee-a37e-48bd-8745-7abab4ee2bb0&Preview=1 Date 11/18/2011 Company Name Shapeways Mailing Address 419 Park Ave South New York, NY 10016 Company Description Shapeways is the source for limitless personal production. With a growing online community and marketplace, we’re a NY start-up that harnesses 3D printing to help you make, buy and sell anything you want. Website … Continue reading “Shapeways Receives $5,100,000 New Round”

Harvest Automation Obtains $7,800,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=62a1668f-f02a-473e-91c8-b232472f8dcb&Preview=1 Date 11/18/2011 Company Name Harvest Automation Mailing Address 85 Rangeway Rd. Billerica, MA 01862 Company Description Harvest Automation is a material handling robotics company which is focused on a new category of robots we call Cooperative Robots. Website http://www.harvestautomation.com Transaction Type Venture Equity Transaction Amount $7,800,000 Transaction Round Series B Proceeds … Continue reading “Harvest Automation Obtains $7,800,000 Series B Financing”

TeraDiode Receives $10,000,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd2e7041-a08d-4e89-8592-d71b4320c857&Preview=1 Date 11/18/2011 Company Name TeraDiode Mailing Address 11A Beaver Brook Rd Littleton, MA 01460 Company Description TeraDiode is commercializing ground-breaking technology pioneered at MIT Lincoln Laboratory for the industry’s first ultra-bright direct-diode laser. Within one year of the company’s inception in 2009, TeraDiode created its first prototype and established an industry … Continue reading “TeraDiode Receives $10,000,000 Series B Financing Round”

Klip Lands $8,000,000 Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=86d6d3c7-6f7a-4d46-96fa-bba3a82c3d0e&Preview=1 Date 11/18/2011 Company Name Klip Mailing Address Undisclosed Palo Alto, CA 94301 Company Description Klip’s newly launched free app allows users to capture, share, discover and view mobile videos. While many mobile video apps focus on the capture, editing and sharing of videos, Klip’s focus is on the discovery and providing … Continue reading “Klip Lands $8,000,000 Series B Round”

SF AppShow

From the organizers: The “hAPPy Holidays” edition of the SF AppShow will be held November 17th at The Mission Bay Conference Center, UCSF (1675 Owens Street) 6-9 PM. Hosted by Gina Smith, BYTE; the lineup includes demos and discussions from hot new available apps and unreleased apps that save time, money and sanity during the holidays. This … Continue reading “SF AppShow”

Qteros Cuts Staff, Including CEO, as Biofuels Business Struggles

It is a dark time for biofuels companies—and industrial biotech around Boston, more broadly. Xconomy has learned that Qteros, a heavily funded developer of cellulosic ethanol technology based in Marlborough, MA, has laid off most of its staff, including its CEO John McCarthy. The news was reported earlier today by Dan Primack at Fortune. Xconomy … Continue reading “Qteros Cuts Staff, Including CEO, as Biofuels Business Struggles”

Wayne State Med Students To Get Access to Latest Surgical Simulation Tools

The Health and Wellness Foundation of Greater Detroit announced last week that it has awarded $250,000 to finance the construction of nine web-enabled laparoscopic training simulators for residents and medical students on the Detroit Medical Center campus of Wayne State University’s School of Medicine. This grant is intendede to give students access to the latest simulation technologies in developing … Continue reading “Wayne State Med Students To Get Access to Latest Surgical Simulation Tools”

Convergence Forum West: The Life Sciences Leaders Forum

From the event organizers: Convergence Forum West explores the increasing overlaps and interactions between the worlds of biotech, pharma, medical devices, and the Internet. It’s only for founders, CEOs, VC partners, and senior executives. This year, we’ll hear from Mark Barrett of J&J and Mike McCully of Elan about how and where they look for innovation… about the strategies of … Continue reading “Convergence Forum West: The Life Sciences Leaders Forum”

KOR-US M2M Device & Solutions Conference

The Korea Trade-Investment Promotion Agency hosts this day-long conference, which is designed to unite the community of business and technical leaders building next generation M2M solutions. Participants will learn and share market opportunities, development and marketing processes, and M2M applications. One-on-one partnering meeting sessions will also be available and coordinated through KOTRA. Register here.

Eli Lilly Pumps $4M into IDRI to Continue Hunt for TB Drugs

Pharmaceutical giant Eli Lilly is increasing its bet on a small team of TB drug hunters in Seattle. Indianapolis-based Lilly (NYSE: [[ticker:LLY]]) said today it has agreed to provide $4.2 million over the next four and a half years to the Seattle-based Infectious Disease Research Institute to continue its efforts to discover drugs for tuberculosis. … Continue reading “Eli Lilly Pumps $4M into IDRI to Continue Hunt for TB Drugs”

Marketo, Zuora, BrightRoll, Impermium: Bay Area BizTech News by the Numbers

Time for our rundown of recent deals and other key biztech news around the Bay Area, from biggest to smallest. $50 million—Series D venture financing announced yesterday for Marketo, the San Mateo, CA-based startup providing software to help companies manage sales lead generation. New investor Battery Ventures led the round, which was joined by existing … Continue reading “Marketo, Zuora, BrightRoll, Impermium: Bay Area BizTech News by the Numbers”

WIMA NFC USA

From the event site: “WIMA is THE global event with a proven track record exclusively dedicated to NFC [near field communications] technology and the name of confidence for hundreds of companies who have attended our event in Monaco over the past 5 years. WIMA brings together industry leaders, start-up companies, application developers, service providers, standards … Continue reading “WIMA NFC USA”

Boston, Meet the i-lab: The Future of Entrepreneurship Begins Here

When I entered Harvard as a freshman, there was no central focus on startups or entrepreneurs. Student groups were splintered and stagnating, and there were no main faculty members whom I could approach about entrepreneurship. I was intimidated to approach students or faculty from Harvard’s graduate schools, and there was no cross-campus collaboration. Harvard’s startup … Continue reading “Boston, Meet the i-lab: The Future of Entrepreneurship Begins Here”

Martino Joins Ambit, Nordhoff Leaves Gen-Probe, Swarmology Raises $1.2M, and More San Diego Life Sciences News

It was a week of beginnings and endings—and fundings—in San Diego’s life sciences sector. There’s a beginning to our roundup as well, and you are there now. —San Diego’s Ambit Biosciences named Michael Martino as CEO. Martino spent the previous 30 years overseeing new product launches, drug development, funding, and other business activities at CareFusion, … Continue reading “Martino Joins Ambit, Nordhoff Leaves Gen-Probe, Swarmology Raises $1.2M, and More San Diego Life Sciences News”