Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2cf0125c-e3a5-4dcc-9c23-921573f372c9&Preview=1 Date 11/1/2011 Company Name Platfora Mailing Address 540 University Ave Palo Alto, CA 94301 Company Description Platfora is the first company to harness the potential of Hadoop so that any business user can explore, interact with, and derive insight from massive data sets, and all via an intuitive and dynamic interface. … Continue reading “Platfora Receives $1,483,332 New Financing Round”
Jivox Obtains $8,200,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e60f1371-6b5c-417d-8117-e8d1b638b454&Preview=1 Date 11/1/2011 Company Name Jivox Mailing Address 1400 Fashion Island Blvd. San Mateo, CA 94404 Company Description Jivox online video advertising is a powerful new way to tell your customers about your business beyond the visual and geographic limitations of search engines and banners. With Jivox, you can easily create Free … Continue reading “Jivox Obtains $8,200,000 New Round”
Adobe Systems Acquires Auditude for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7b262e4a-7d69-4d4d-8567-474be7de086a&Preview=1 Date 11/1/2011 Company Name Auditude Mailing Address 420 Florence Street Palo Alto, CA 94301 Company Description The company provides digital content monitoring and management services. Website http://www.auditude.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed by the parties.
Clearspring Technologies Acquires XGraph for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c1cedfea-25d0-4b8f-b5bd-1ef9a70c40e2&Preview=1 Date 11/1/2011 Company Name XGraph Mailing Address 708 3rd Ave Sixth Floor New York, NY 10017 Company Description XGraph provides Audience Buyers and Sellers with Connected Audience Marketing solutions that identify and target high-value custom audiences who share similar lifestyles, values, and purchasing habits. Website http://www.XGraph.com Transaction Type M&A Transaction Amount … Continue reading “Clearspring Technologies Acquires XGraph for Undisclosed Sum”
Modo Labs Receives $4,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c5f74bb3-e2c7-4869-9450-49dfaf7dcfb1&Preview=1 Date 11/1/2011 Company Name Modo Labs Mailing Address 100 Cambridgepark Dr Cambridge, MA 02140 Company Description We began as a band of colleagues at MIT, united by a shared belief that mobile technologies will improve the world in unprecedented ways. We’ve assembled a team of experts in mobile technology and user … Continue reading “Modo Labs Receives $4,000,000 Series A Financing”
AfterCollege Secures New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c0e4da65-347c-4f4f-9a56-cf89ef0aaaaa&Preview=1 Date 11/1/2011 Company Name AfterCollege Mailing Address 98 Battery Street San Francisco, CA 94111 Company Description AfterCollege is a professional network that connects college students, alumni and employers through faculty and career networks at colleges and universities. Website http://www.aftercollege.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes … Continue reading “AfterCollege Secures New Funding Round”
Quarri Technologies Garners $3,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80c86006-b9c6-4187-860d-18f77acefcd6&Preview=1 Date 11/1/2011 Company Name Quarri Technologies Mailing Address 7500 Rialto Blvd Austin, TX 78735 Company Description Quarri is a leading provider of on demand web browser information security solutions that secure information and content at the endpoint. Our products give enterprises the ability to extend security controls temporarily to web browsers … Continue reading “Quarri Technologies Garners $3,000,000 Series B Financing”
Exelixis To Push Ahead on Prostate Cancer Trial Without FDA Agreement: Shares Plunge
Exelixis has been talking with the FDA for months about reaching an agreement on the design of a pivotal trial for its prostate cancer drug, but now the company has essentially thrown up its hands and decided to push ahead in testing without any formal regulatory deal. Shares of the company fell more than 30 … Continue reading “Exelixis To Push Ahead on Prostate Cancer Trial Without FDA Agreement: Shares Plunge”
Gates Foundation, WA Colleges Roll Out Open-Source Texts
Tech entrepreneurs are pushing pretty hard these days to improve education, from the Khan Academy to Codecademy to Altius Education to education-focused Startup Weekend events. And, of course, there’s the Bill & Melinda Gates Foundation, which has made education its primary domestic policy initiative—something Bill Gates discussed in his recent wide-ranging lecture and Q&A session … Continue reading “Gates Foundation, WA Colleges Roll Out Open-Source Texts”
The Economy in 17 Syllables, All of Them Gloomy
For the third quarter of 2011, the Ewing Marion Kauffman Foundation leavened its otherwise morose quarterly survey of economics bloggers (PDF) with something new: a haiku contest. The 63 academics, entrepreneurs, investors, and journalists who participated in the survey, including myself, were asked to describe the state of the economy in the form of a haiku, … Continue reading “The Economy in 17 Syllables, All of Them Gloomy”
Privacy Identity Innovation—pii2011 Venture Forum
The pii2011 Venture Forum will explore how to protect sensitive information while enabling new technologies and business models in areas like social networking, geo-location, digital advertising and big data. More information at http://pii2011.com
Morgenthaler Ventures, ATV To Merge Life Sciences Teams, Form New Fund
Morgenthaler Ventures and Advanced Technology Ventures, a couple of longstanding and diversified venture firms, have decided to split off their life sciences investment teams and merge them into a new independent biotech fund, Xconomy has learned. The news was reported earlier today by Fortune’s Dan Primack. The new life sciences fund, which doesn’t have a … Continue reading “Morgenthaler Ventures, ATV To Merge Life Sciences Teams, Form New Fund”
Seattle Children’s Nabs $50M Donation for Research, Plus $15M for Nursing, Clinical Care
Seattle Children’s Hospital probably has more fun than most hospitals every year on Halloween, but this year it has something really big to celebrate. The hospital said today it has secured a pair of charitable donations worth a combined $65 million to support its research programs, nursing education, and clinical care. One $50 million gift … Continue reading “Seattle Children’s Nabs $50M Donation for Research, Plus $15M for Nursing, Clinical Care”
Woes Mount for Local Energy Companies Beacon Power and American Superconductor
Things aren’t looking so sunny for Tyngsboro, MA-based Beacon Power (NASDAQ: [[ticker:BCON]]) and Devens, MA-based American Superconductor (NASDAQ: [[ticker:AMSC]]), a couple of prominent public companies in the cleantech sector. —Beacon Power, a flywheel energy storage company, filed documents seeking Ch. 11 bankruptcy protection. The move has shone some negative light on the U.S. Department of … Continue reading “Woes Mount for Local Energy Companies Beacon Power and American Superconductor”
Facebook Should Have Stayed in Boston, and Other Quotable Moments from Y Combinator’s Startup School
For startup people, the 714 seats inside Dinkelspiel Auditorium at Stanford University were the hottest ones in the country on Saturday. That was the day of Startup School, the invitation-only event produced by Stanford’s student entrepreneur group BASES and Mountain View, CA-based venture incubator Y Combinator. For the seventh year in a row, a cast … Continue reading “Facebook Should Have Stayed in Boston, and Other Quotable Moments from Y Combinator’s Startup School”
PATH CEO Chris Elias Resigns For Top Anti-Poverty Job at Gates Foundation
PATH president and CEO Chris Elias, who led the global health nonprofit to prominence over the past decade, is stepping down to become the president of global development at the Bill & Melinda Gates Foundation. Elias joined PATH in 2000, when it had an annual budget of $44 million and a staff of 297 employees, … Continue reading “PATH CEO Chris Elias Resigns For Top Anti-Poverty Job at Gates Foundation”
Bizdom U: Transforming Detroit’s Brain Economy
Bizdom U, the Detroit incubator backed by Dan Gilbert, will now be nurturing even more local entrepreneurs thanks to a change in its business model. Starting with the fall session, which began on October 17, Bizdom switched to a model similar to that of TechStars or Y Combinator: After undergoing a rigorous screening, 30 startups … Continue reading “Bizdom U: Transforming Detroit’s Brain Economy”
Raising Funds: BillMyParents, Ortiva Wireless, and Organovo
[Corrected 11/3/11, 1:45 pm. See below.] A couple of tech fundings came through in recent regulatory filings, as well as a deal for Organovo, the San Diego medical device startup. Organovo’s scientific founder, Gabor Forgacs, was among the esteemed speakers at last week’s TedMed conference. Here are the details: [Corrected to explain filing] Organovo, the … Continue reading “Raising Funds: BillMyParents, Ortiva Wireless, and Organovo”
New Frontiers in Social Media
This full-day workshop provide an in-depth overview of the latest strategies being used by top agencies and leading brands, with plenty of actionable tips for expanding a startup’s social-media presence. Speakers include Jason Mitchell of Movement Strategy, Jayne Wise of the NY Rangers, and Mary Healy of Google/YouTube. Register here.
Personalized Medicine Conference
This conference, put on by Partners HealthCare and Harvard Medical School and Business School, will look at the impact personalized medicine innovations will have on healthcare systems. Panels and sessions will cover new healthcare models, the business aspect of personalized medicine, public policy, and the impact of the $1,000 genome, among other subjects. Register here.
Advanced Defense Technologies Workshop: Small Business and Prime Contractors Collaborate on Innovation
Representatives from defense contractors and San Diego area small businesses will discuss best practices for collaboration, contract negotiations, and delivering innovative technologies for the Department of Defense. Online registration is here.
Scaling Up Startups: Takeaways from Gemvara, Kayak, LogMeIn, Wayfair, and More at MassTLC UnConference
Get a bunch of prominent Boston-area founders and CEOs in a room together, and ask them provocative questions. It’s a tried and true recipe for a good discussion, and that’s exactly what we got at the end of the day on Friday at MassTLC’s 2011 unConference at Hynes Convention Center in Boston. The topic was … Continue reading “Scaling Up Startups: Takeaways from Gemvara, Kayak, LogMeIn, Wayfair, and More at MassTLC UnConference”
TEDxNewEngland
This inaugural TEDxNewEngland event features speakers in arts, media, academia, and business. Check this out for more information on the independently organized TED event.
StartUpdates: 1000memories Introduces Shoebox App, Animoto Makes Video Creation Easier, HealthTap Taps 5,000 Physicians
Author’s Note: I’ve got a problem. Because Xconomy is still relatively new to the San Francisco Bay Area, most of the stories I write are about companies we’re covering for the first time. Because there’s an endless supply of new companies, I can never quite empty out my notebooks. But at the same time, there’s … Continue reading “StartUpdates: 1000memories Introduces Shoebox App, Animoto Makes Video Creation Easier, HealthTap Taps 5,000 Physicians”
How to Build a Company With a Multi-Million Dollar Exit
Serial entrepreneur Joe Chin will interview two successful startup CEOs on the secrets of their success at this evening event. The featured speakers are Laurel Touby, founder of Mediabistro, which she sold in 2007 to Jupitermedia for $23 million, and Mark Wachen, founder of Optimost, which he sold in 2007 for $52 million. Register here.
Advances in Adult Stem Cell Therapy For Cardiovascular Disease
This symposium will provide a review of recent advances in the field, and a discussion about how this work is translating into new approaches to treat difficult-to-treat, chronic cardiovascular diseases. Speakers include Ronnda Bartel of Aastrom Biosciences, Arnold Caplan of Case Western Reserve University, and Louis Messina of UMass Memorial Medical Center. Register here.
Pacira Wins FDA Approval of Pain Drug, Cushioning Pain of 3Q Loss
Parsippany, N.J-based Pacira Pharmaceuticals (NASDAQ: [[ticker:PCRX]]) announced today that the FDA approved its long-acting form of a pain drug called bupivacaine, which Pacira brands as Exparel. The approval marked a positive end to a bruising drug-development saga that began a dozen years ago. It also brightened up Pacira’s otherwise so-so third-quarter earnings, which the company … Continue reading “Pacira Wins FDA Approval of Pain Drug, Cushioning Pain of 3Q Loss”
Aussie-Born PlayUp Brings its Social Game to U.S. Sports Fans
As the gridiron gladiators of the National Football League continue their march toward the Super Bowl, PlayUp USA in New York has put its mobile social network in the hands of sports fans in the United States. Parent company PlayUp in Australia developed the free iPhone and iPad app for sports fans with the help … Continue reading “Aussie-Born PlayUp Brings its Social Game to U.S. Sports Fans”
PopCap Mobile Chief Giordano Contestabile: Games as a Service Transform the Industry
Giordano Contestabile started working in mobile gaming before it was cool. Way before. Back then, the only available mobile games were based around sending and receiving text messages—something that brings in nice profits for mobile carriers, of course. “I’d go out and pitch this game, and the game was an SMS fishing game. Already it … Continue reading “PopCap Mobile Chief Giordano Contestabile: Games as a Service Transform the Industry”
Jobs at Center of UCLA Forecast, Sony Buys Out Partner, Wireless Health on Stage at CEA Forum, & More San Diego Biztech News
Economists from the UCLA Anderson Forecast and University of San Diego will break out details of their 2012 economic outlook at a conference in downtown San Diego this morning. The study was released earlier today. We have highlights, along with a roundup of last week’s San Diego tech news. —Job growth in the nation, state, … Continue reading “Jobs at Center of UCLA Forecast, Sony Buys Out Partner, Wireless Health on Stage at CEA Forum, & More San Diego Biztech News”
The Cancer Drug Dark Ages Are Coming to an End
Only a couple stories in the past decade have given advocates of personalized cancer medicines much to brag about. There was Genentech’s Herceptin for a form of breast cancer in 1998, and Novartis’ Gleevec for chronic myeloid leukemia in 2001. But just a few short weeks ago, in August, we saw a flurry of FDA … Continue reading “The Cancer Drug Dark Ages Are Coming to an End”
Platform-as-a-Service Startup Mendix Pockets $13M Series A
[Updated 10/31/11 10:00 am. See below.] Mendix, a Boston-based developer of software platforms enabling business customers to develop, deploy, and manage applications, has announced its Series A round of funding. The $13 million financing was led by growth equity firm Prime Ventures, with participation by Mendix seed investor HENQ Invest. [Paragraph and headline updated because originally … Continue reading “Platform-as-a-Service Startup Mendix Pockets $13M Series A”
Ortiva Wireless Obtains $2,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=531e6612-b034-40b0-a792-59a99c752c04&Preview=1 Date 10/31/2011 Company Name Ortiva Wireless Mailing Address 4225 Executive Square La Jolla, CA 92037 Company Description OrtivaTM Wireless delivers the smoothest video, clearest audio, and richest multimedia experience to mobile users under highly variable wireless network conditions. Our mobile network operator solutions extend the coverage and expand the availability of … Continue reading “Ortiva Wireless Obtains $2,000,000 New Funding Round”
BillMyParents Garners $2,542,500 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d464ac18-624e-49e7-aeb9-735b3154bad8&Preview=1 Date 10/31/2011 Company Name BillMyParents Mailing Address 6440 Lusk Blvd San Diego, CA 92121 Company Description BillMyParents, Inc. is a financial solutions company focused on helping teens and young adults between the ages of 13 and 18 to manage spending. Website http://www.billmyparents.com Transaction Type Venture Equity Transaction Amount $2,542,500 Transaction Round … Continue reading “BillMyParents Garners $2,542,500 New Funding Round”
Organovo Obtains $3,489,760 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d9d54ae3-62dd-4896-a532-7e7c7b9ed2cc&Preview=1 Date 10/31/2011 Company Name Organovo Mailing Address 5871 Oberlin Drive San Diego, CA 92121 Company Description Organovo is focused on delivering breakthrough three-dimensional biology capabilities to create tissue on demand for research and surgical applications. As the first company with a three-dimensional tissue technology that works across tissue types, we are … Continue reading “Organovo Obtains $3,489,760 New Financing”
Chart.io Obtains $3,150,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c6b57317-639d-417c-a739-1b06013104c1&Preview=1 Date 10/31/2011 Company Name Chart.io Mailing Address 665 3rd Street San Francisco, CA 94117 Company Description Chart.io helps businesses analyze and track their critical data. Over the past decade, the Business Intelligence industry has failed to deliver affordable and easy-to-use solutions. Instead, most vendors sell bulky on-premise products that are nearly … Continue reading “Chart.io Obtains $3,150,000 Series A Funding Round”
Smule Obtains $12,000,002 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ad7462e1-9138-4fdc-994e-1ef8ed94a27c&Preview=1 Date 10/31/2011 Company Name Smule Mailing Address 577 College Ave. Palo Alto, CA 94306 Company Description Smule makes interactive music applications for the iPhone. Website http://www.smule.com Transaction Type Venture Equity Transaction Amount $12,000,002 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor Undisclosed
Urban Airship Acquires SimpleGeo for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0379ec2f-6a35-4a91-a7a2-4b1d7b01d67f&Preview=1 Date 10/31/2011 Company Name SimpleGeo Mailing Address 41 Decatur Street San Francisco, CA 94103 Company Description SimpleGeo (formerly CrashCorp) provides ready-to-use solutions for enabling location in applications. The company was founded in May 2009 by Joe Stump and Matt Galligan. Website http://www.simplegeo.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds … Continue reading “Urban Airship Acquires SimpleGeo for Undisclosed Sum”
TeamSnap Obtains $910,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=05e63e11-d26a-4107-a33a-00f51692075a&Preview=1 Date 10/31/2011 Company Name TeamSnap Mailing Address 1035 Pearl Street Boulder, CO 80303 Company Description The company operates a website service that allows managers of sports teams to more easily manage the administrative aspects of the team. Website http://www.teamsnap.com Transaction Type Venture Equity Transaction Amount $910,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “TeamSnap Obtains $910,000 New Financing Round”
SolidFire Lands $25,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e7156252-a2b9-47e6-af53-e996d73adee3&Preview=1 Date 10/31/2011 Company Name SolidFire Mailing Address 1620 Pearl St Boulder, CO 80302 Company Description Atlanta-based SolidFire is a next-generation storage platform for cloud computing providers and other enterprises that need scalable, reliable storage for thousands of servers. The Company’s solution allows customers to take advantage of the performance of solid … Continue reading “SolidFire Lands $25,000,000 Series B Funding”
Cleantech 2012: Navigating the Future
The Environmental Business Cluster hosts an afternoon discussion on the future of the cleantech industry. From the event description: “There are eggshells across the cleantech industry for 2012 and the uncertainty is leaving many skeptical about the success anticipated for emerging technologies. The retreat of M&As and IPOs observed in the third quarter combined with … Continue reading “Cleantech 2012: Navigating the Future”
Treating Addiction with Vaccines
Kim Janda, a professor of chemistry and immunology at The Scripps Research Institute, has spent more than 25 years working to bring this type of vaccine to fruition. Janda will differentiate the myths versus the realities while sharing the roadblocks his research has faced in regards to consistency, efficacy and marketability. He will also provide … Continue reading “Treating Addiction with Vaccines”
Launching a New Medical Device in Foreign Markets
Amid complaints that the FDA is frustrating innovation in its processing of applications for new medical devices, Biocom has organized a discussion on an alternative. Many companies are now looking at markets outside of the U.S. for their initial launch. More information and online registration is here.
Global Life Sciences Partnering Conference
Biocom’s second Annual Global Life Science Partnering Conference is an exclusive global partnering and networking forum that brings together senior executives and business development professionals from leading pharmaceutical and biotech companies. More information and online registration is here.
Charles Schwab Acquires Compliance11 for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=25e8f018-e621-4424-a7ee-cc3174362b9c&Preview=1 Date 10/29/2011 Company Name Compliance11 Mailing Address 125 S. Wacker Drive Chicago, IL 60606 Company Description Compliance11 provides on-demand Compliance Software Automation Tools for the financial services industry. Compliance11 enables organizations to reduce their regulatory compliance spend by automating labor intensive tasks and at the same time increase the quality of … Continue reading “Charles Schwab Acquires Compliance11 for Undisclosed Sum”
Clearwire Board Member Wolff Resigns
Benjamin Wolff, a former CEO of Clearwire and close ally of company founder Craig McCaw, has resigned from the troubled wireless company’s board. Clearwire (NASDAQ: [[ticker:CLWR]]) reported the change in a filing with federal regulators on Friday, saying Wolff’s “decision to resign is not due to any disagreements with the company.” McCaw’s investment firm, Eagle River … Continue reading “Clearwire Board Member Wolff Resigns”
The Global Marketplace: Keys to Success with Oracle’s Safra Catz
Please join Latham & Watkins and the University of California’s Berkeley Center for Law, Business and the Economy, for a timely and informative conference pertinent to emerging and established companies operating in a global economy. On-the-ground experts from the US, Europe and Asia will provide best practices for successfully expanding and managing operations overseas. Safra … Continue reading “The Global Marketplace: Keys to Success with Oracle’s Safra Catz”
Today’s Xconomy Report: Biogen Idec Meets Goals in Clinical Trial, iRobot Layoffs, $1M Awarded by MassChallenge, and Bay State Venture Capital Earnings
Today’s news: Weston, MA-based Biogen Idec, the largest maker of injectable treatments for multiple sclerosis, met its goals in a second clinical trial for an oral pill to treat the disease. The pill reduced flare-ups by 44 percent when taken twice per day, and by 51 percent if taken three times a day. Bedford, MA-based … Continue reading “Today’s Xconomy Report: Biogen Idec Meets Goals in Clinical Trial, iRobot Layoffs, $1M Awarded by MassChallenge, and Bay State Venture Capital Earnings”
Report: Gilt Picking Up Troubled Daily Deals Site BuyWithMe
[Updated 10/28/11 2:00 p.m. See below.] According to BetaBeat, fashion site Gilt Groupe is in the final stages of acquiring its New York neighbor BuyWithMe, a daily deals site that made six acquisitions this year and expanded to Seattle—but then started showing signs of distress. Just last week, reports emerged that BuyWithMe, which started in Boston, … Continue reading “Report: Gilt Picking Up Troubled Daily Deals Site BuyWithMe”
Raising Capital for the Start-Up and Early Stage Biotech Company
MIT Enterprise Forum of NYC and Licensing Executives Society present this panel discussion on the topic of how biotechs can raise money in today’s stringent environment. Speakers include Morrie Simkin, partner at Mclaughlin & Stern, Dennis Purcell, senior managing partner of Aisling Capital, and Andy Bello, managing director of Maxim Group. Register here.