Biogen Idec’s new oral pill for multiple sclerosis passed its first pivotal trial back in April, and today the company got the confirmation it was looking for from a second major study. The Weston, MA-based biotech company (NASDAQ: [[ticker:BIIB]]) said today that dimethyl fumarate (BG-12) met its main goal of reducing multiple sclerosis flare-ups over … Continue reading “Biogen Idec’s Oral Multiple Sclerosis Drug Passes 2nd Major Test; Stock Soars”
The Web’s Last Word on Words
Wordnik (wərd-nik) noun. 1. A person associated with or characterized by a love of words, word usage, linguistics, or lexicography. 2. A startup company headquartered in San Mateo, California. Origin: word + -nik (Yiddish, from Russian). Cf. beatnik, peacenik. On the Internet, it’s hard to get people to slow down enough to use actual words, … Continue reading “The Web’s Last Word on Words”
IBM Names Virginia Rometty CEO and President
On Tuesday, IBM (NYSE: [[ticker:IBM]]) in Armonk, NY, said in a press statement there would be a changing of the guard at the onset of 2012. The company’s board elected Virginia Rometty to serve as CEO and president—as well as take a seat on the board—effective January 1. She succeeds Samuel J. Palmisano, who will … Continue reading “IBM Names Virginia Rometty CEO and President”
Onyx, Bayer’s Colon Cancer Drug Helps Extend Lives; Stock Climbs
Onyx Pharmaceuticals and Bayer settled a dispute a couple weeks ago about ownership of a certain colon cancer drug in development, and suddenly that colon cancer drug is looking like it could be pretty valuable. South San Francisco-based Onyx (NASDAQ: [[ticker:ONXX]]) said that its partner, Bayer, has stopped a pivotal clinical trial of regorafenib as … Continue reading “Onyx, Bayer’s Colon Cancer Drug Helps Extend Lives; Stock Climbs”
Ignition’s Cameron Myhrvold Joins the Lineup for Mobile Madness NW Dec. 6
We’re adding another name to the already power-packed list of speakers for Mobile Madness Northwest on Dec. 6: Cameron Myhrvold, founding partner at Ignition Partners. And speaking of Mobile Madness, you’ll want to buy your tickets now to get the best deal—the best rate expires today. Cameron knows his way around innovation in the Northwest … Continue reading “Ignition’s Cameron Myhrvold Joins the Lineup for Mobile Madness NW Dec. 6”
Emerald Biostructures Gets 3-Year Extension of UCB Drug Partnership
Emerald Biostructures‘ biggest customer is renewing its contract for another three years, and giving Emerald a piece of the action if it can help lay the foundation for new commercial drugs. Bainbridge Island, WA-based Emerald is announcing today that it has gotten a 3-year extension of its collaboration with UCB, a 3.2-billion-euro company in Belgium … Continue reading “Emerald Biostructures Gets 3-Year Extension of UCB Drug Partnership”
BIO Investor Forum Roundup: Immune Design, Sorbent Therapeutics, Epizyme
The best thing about coming to the BIO Investor Forum in San Francisco every year is the schmoozing with folks from all over the country in one place. The worst thing? There’s not much in the way of breaking news. Oh well, sometimes you gotta do the spade work on a slow news day if … Continue reading “BIO Investor Forum Roundup: Immune Design, Sorbent Therapeutics, Epizyme”
StarVest Partners’ Laura Sachar Talks About Bringing New York Savvy to the National Investment Scene
The fashion, advertising, and finance sectors are teeming with startups, but it takes more than a catchy gimmick to impress Laura Sachar, general partner with StarVest Partners in New York. She says her venture capital firm this year has made new investments across the country in prosaic but solid companies such as Seattle’s Lucid Commerce, … Continue reading “StarVest Partners’ Laura Sachar Talks About Bringing New York Savvy to the National Investment Scene”
Hadapt Gets Series A, Cisco Buys BNI, Cubist Acquisition of Adolor Valued at $415M, & More Boston-Area Deals News
Financing rounds, acquisitions, and business plan prizes have made up the New England deals news this week. —Continuing the West-Coast-company-buys-East-Coast-company trend of last week, San Jose, CA-based Cisco Systems announced its purchase of Boxborough, MA-based BNI Video, a developer of software for managing cable content on the back end and improving the browsing experience for … Continue reading “Hadapt Gets Series A, Cisco Buys BNI, Cubist Acquisition of Adolor Valued at $415M, & More Boston-Area Deals News”
Cubist Says Adolor Deal Offers “Free Option on Billion-Dollar Program”
Lexington, MA-based Cubist Pharmaceuticals (NASDAQ: [[ticker:CBST]]) had its eye on Adolor (NASDAQ: [[ticker:ADLR]]) long before it announced it would acquire the Exton, PA-based company on Monday. But it wasn’t until drug giant GlaxoSmithKline (NYSE: [[ticker:GSK]]) pulled out of a co-promotion deal with Adolor in June that Cubist could finally pounce. Glaxo and Adolor were partnered on a … Continue reading “Cubist Says Adolor Deal Offers “Free Option on Billion-Dollar Program””
CashStar Lands $12,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=619ae321-9d68-4ad3-8c5f-15018189bb8a&Preview=1 Date 10/26/2011 Company Name CashStar Mailing Address 129 Middle Street 2nd Floor Portland, ME 04101 Company Description CashStar is leading the multi-channel payments evolution as the only digital gifting and incentives company for top brands. The company works with national retailers to offer highly-personalized eGift Cards delivered to consumers via email. … Continue reading “CashStar Lands $12,000,000 Series C Financing”
Prometheus Energy Group Receives $10,999,767 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9abf98fe-e093-4b25-9c18-bb1fbca2f949&Preview=1 Date 10/26/2011 Company Name Prometheus Energy Group Mailing Address 8511 154th Ave Ne Building I Redmond, WA 98052 Company Description The combination of these elements is at the core of our company. The timing was perfect for the right technology, resources and global energy situation for our philosophy to not just … Continue reading “Prometheus Energy Group Receives $10,999,767 New Funding”
Brammo Lands $28,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dee224e8-630b-41f2-8c14-d364e23b7be3&Preview=1 Date 10/26/2011 Company Name Brammo Mailing Address 550 Clover Lane Ashland, OR 97520 Company Description Brammo is in business for one simple reason – to drive change in the New Energy Economy. Our technically-advanced Enertia plug-in electric motorcycle – which gets up to 45 miles per charge – is the lightweight, … Continue reading “Brammo Lands $28,000,000 Series B Round”
Adesto Technologies Secures Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=110f14be-a3d6-470c-b911-49c6986677ec&Preview=1 Date 10/26/2011 Company Name Adesto Technologies Mailing Address 1250 Borregas Avenue Sunnyvale, CA 94089 Company Description Adesto Technologies was founded in 2006 by a team of experienced semiconductor memory developers. The company’s mission is to turn CBRAM technology into a platform of memory solutions that spans from the lowest cost, lowest … Continue reading “Adesto Technologies Secures Series C Financing”
CrowdOptic Lands $500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dd24a342-3d4b-4b20-9aa5-4f1cd06e71eb&Preview=1 Date 10/26/2011 Company Name CrowdOptic Mailing Address 930 Montgomery St. San Francisco, CA 94133 Company Description CrowdOptic lets enterprises and photographers collaborate in real time by simply using an image. Website http://www.CrowdOptic.com Transaction Type Venture Equity Transaction Amount $500,000 Transaction Round Undisclosed Proceeds Purposes The company will use the new capital … Continue reading “CrowdOptic Lands $500,000 New Round”
Sociable Labs Lands $7,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=29b77cae-67dd-4855-a51b-7300dec1e6c3&Preview=1 Date 10/26/2011 Company Name Sociable Labs Mailing Address 1528 S. El Camino Real San Mateo, CA 94402 Company Description Sociable Labs develops Software as a Service (SaaS) technology for large e-commerce and media websites. Our technology enables customers to integrate the use of the Facebook social graph into their core site … Continue reading “Sociable Labs Lands $7,000,000 Series B Funding Round”
RelayRides Lands Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4aa0fd4c-14b6-47ac-8c14-101124dd86c0&Preview=1 Date 10/26/2011 Company Name RelayRides Mailing Address 463 Bryant St. San Francisco, CA 94107 Company Description The company operates a website and service that allows users to share automobiles. Website http://www.relayrides.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Series A Proceeds Purposes The new investment, as well as the … Continue reading “RelayRides Lands Series A Funding”
iRhythm Technologies Garners $7,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=befc973b-38a5-4aca-b3bd-3177330268c9&Preview=1 Date 10/26/2011 Company Name iRhythm Technologies Mailing Address 650 Townsend Street San Francisco, CA 94103 Company Description iRhythm Technologies has developed a novel cardiac rhythm monitoring device that is dramatically superior to any currently available monitor due to its radically simplified design and ease-of-use. Website http://www.irhythmtech.com Transaction Type Venture Equity Transaction … Continue reading “iRhythm Technologies Garners $7,000,000 Series C Funding”
LSI Corporation Acquires SandForce for $322,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ed40b2d7-1fc7-4aa4-b40f-88513b722835&Preview=1 Date 10/26/2011 Company Name SandForce Mailing Address 691 S. Milpitas Blvd. Milpitas, CA 95035 Company Description SandForce, Inc., is transforming data storage by pioneering the use of commodity flash memory in enterprise and client computing applications with its innovative SSD (Solid State Drive) Processors. By delivering unprecedented reliability, performance and energy … Continue reading “LSI Corporation Acquires SandForce for $322,000,000”
iDevices Garners $150,000 Seed Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2e4914dc-53c3-4b76-b99a-128e5aeeab4e&Preview=1 Date 10/26/2011 Company Name iDevices Mailing Address 191 Albany Turnpike Canton, CT 06019 Company Description iDevices, LLC., is an American based company that creates and specializes in unique products using our extensive knowledge of wireless connectivity. In 2010 iDevices successfully developed and launched the iGrill, and the iGrill applications. The company … Continue reading “iDevices Garners $150,000 Seed Round”
Atreaon Obtains $8,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7cc7965b-f2e0-4319-80e1-b441d694bc6d&Preview=1 Date 10/26/2011 Company Name Atreaon Mailing Address 1188 Centre St Newton Centre, MA 02459 Company Description The company has developed a synthetic version of the protein, called Atsttrin, and founded Atreaon to commercialize it as a treatment for arthritis. Website Undisclosed Transaction Type Venture Equity Transaction Amount $8,000,000 Transaction Round Undisclosed … Continue reading “Atreaon Obtains $8,000,000 New Financing”
Finalta Garners $1,050,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a78f834c-4159-4815-a16c-d9326d9154f8&Preview=1 Date 10/26/2011 Company Name Finalta Mailing Address 1 Curve Street Bedford, MA 01730 Company Description Finalta provides elegant software solutions to the world’s institutional asset managers. Website Undisclosed Transaction Type Venture Equity Transaction Amount $1,050,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture … Continue reading “Finalta Garners $1,050,000 New Funding”
Sincerely Garners $3,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=78928de1-d38f-4b67-8c1d-407596e1752c&Preview=1 Date 10/26/2011 Company Name Sincerely Mailing Address 800 Market St. San Francisco, CA 94102 Company Description Sincerely is focused on making it easy to send real photos in the mail from your phone. We believe printed photos are meaningful & a photo sent to a friend is the most ubiquitously appreciated … Continue reading “Sincerely Garners $3,000,000 Series A Funding”
ZeaChem Receives $19,000,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b5951ede-ef2e-4937-9c26-2cec58fd8c8a&Preview=1 Date 10/26/2011 Company Name ZeaChem Mailing Address 165 South Union Boulevard Lakewood, CO 80228 Company Description ZeaChem uses innovative fermentation and chemical process technologies to change the economics of renewable, cellulosic ethanol. Website http://www.zeachem.com Transaction Type Venture Equity Transaction Amount $19,000,000 Transaction Round Series C Proceeds Purposes ZeaChem’s 250,000 GPY integrated … Continue reading “ZeaChem Receives $19,000,000 Series C Round”
Playmark Opens Digital Licensing Shop with Rights to 2,000 NFL Players
Professional athletes marketing their mugs in endorsements is nothing new. But the explosion of digital goods and micro-entrepreneurs has opened up a ton of new ways for sports stars to make their mark, such as the mobile apps and games from the likes of Chad Ochocinco and Mike Tyson. Seattle startup Playmark is hoping to … Continue reading “Playmark Opens Digital Licensing Shop with Rights to 2,000 NFL Players”
On Nurturing a Startup in Detroit, Labyrinthine Bureaucracies, and RoboCop: A Conversation with Jerry Paffendorf
Jerry Paffendorf is one of those people who is always up to something cool, whether it’s spearheading a hugely successful crowdfunding project to get a RoboCop statue erected in Detroit, or selling vacant city properties by the square inch on the Web through his social entrepreneurship startup Loveland.com. I met him for coffee recently after making … Continue reading “On Nurturing a Startup in Detroit, Labyrinthine Bureaucracies, and RoboCop: A Conversation with Jerry Paffendorf”
Catalyzing Growth Through Regional Innovation Clusters
This three-day summit organized by Global Connect explores the potential behind academic partnerships, new financial models, and the critical role of government. Presenters include representatives from Janssen Healthcare Innovation (J&J), Qualcomm, Pfizer’s Centers for Therapeutic Innovation, Intel Capital, IBM Global Entrepreneurs Program. The conference also will showcase successful models for accelerating innovation, including TechStars, Johns … Continue reading “Catalyzing Growth Through Regional Innovation Clusters”
San Diego SuperData Summit
Every day “Big Data” analytics reveal fresh insights in healthcare, finance, and social media. The results are more accurate medical diagnoses, real-time fraud detection, custom-targeted advertising—and a gold mine of career opportunities. The San Diego Software Industry Council has organized this afternoon summit to cover a number of topics, including a demonstration of IBM Watson, … Continue reading “San Diego SuperData Summit”
23andMe Identifies Possible Protective Gene Against Parkinson’s Disease
The benefits of generating databases based on the personal genetics of thousands of people came into better focus today with an announcement from Mountain View, CA-based 23andMe, the startup that aspires to be the world’s trusted source for personal genetic information. Using genetic data drawn from thousands of 23andMe customers, the company says it has … Continue reading “23andMe Identifies Possible Protective Gene Against Parkinson’s Disease”
iRobot Lays Off About 55 Staff in Advance of Q3 Earnings Report
[Updated 4:35 pm] Bedford, MA-based iRobot laid off about 55 people last week from its government and industrial robots division, Xconomy has learned. I heard from a source familiar with the company that some of the layoffs came to light because ex-employees posted on social media looking for new positions. An iRobot spokesperson did not … Continue reading “iRobot Lays Off About 55 Staff in Advance of Q3 Earnings Report”
UW Prof’s Startup Rolls out Smart Thermostats, Inspired by Apple’s Iconic Devices
In her work at the University of Washington, Yoky Matsuoka spends time figuring out how to make the brain work directly with machines. In her startup work, she’s targeting something a lot less fancy-sounding: the home thermostat. Matsuoka is vice president of technology at Nest, a Palo Alto, CA-based startup aiming to tackle energy efficiency … Continue reading “UW Prof’s Startup Rolls out Smart Thermostats, Inspired by Apple’s Iconic Devices”
Building a Financial Foundation—A Blueprint For Taking The Right First Steps
With increased pressure to deliver value efficiently and effectively, startups need all the help they can get. Accurate, comprehensive operational management from the start is a crucial first step to the success of any business. Join the Environmental Business Cluster for a one-hour interactive session on how you can best manage your operations resulting in … Continue reading “Building a Financial Foundation—A Blueprint For Taking The Right First Steps”
Meet with Khosla Ventures
At Khosla Ventures, several sectors are of particular interest, especially alternative energy, energy efficiency, storage, materials, and other unconventional areas. Their seed fund consists of “science or innovation experiments” and other almost risks, be they in information technology or cleantech. Their main fund looks at more traditional ventures, from early to later stages in all … Continue reading “Meet with Khosla Ventures”
Meet with Chevron
The Environmental Business Cluster’s Meet with Series is a partnering and coaching series for entrepreneurs. The goal of the program is to facilitate meetings between cleantech entrepreneurs and investors, customers and potential partners. In this session, entrepreneurs will have the opportunity to work closely with Chevron Energy Solutions Engineers in a technology assessment. Participants will … Continue reading “Meet with Chevron”
Proactive Strategies for Maximizing Your Cleantech Tax Credits
The Environmental Business Cluster presents a lunchtime workshop on tax credits in the cleantech business. From the event description: “Tax Credits – Are they worth the time? Which credits apply to my cleantech startup? Are there any upcoming deadlines? It’s time for some answers provided by Crawford, Pimentel & Co. This informative workshop and Q&A … Continue reading “Proactive Strategies for Maximizing Your Cleantech Tax Credits”
Computing in the Age of the $1,000 Genome: Some Themes and Some Photos
Scientists will soon be able to obtain the full 6 billion letter string of DNA that makes us who we are for $1,000, and the cost might drop all the way to $100 or less. Probably 1 billion people will get their DNA sequenced when prices go that low. It’s a big opportunity with big … Continue reading “Computing in the Age of the $1,000 Genome: Some Themes and Some Photos”
Life Is Good, Listen to People, and More Takeaways from Bert Jacobs at MassChallenge
Life is not good when you lose your notes from one of the best keynotes you’ve seen in a while. In fact, life kind of sucks. Nevertheless, I will recount my top five takeaways from Bert Jacobs, the co-founder and CEO of Life Is Good, the Boston-based apparel maker and retail brand. He spoke at … Continue reading “Life Is Good, Listen to People, and More Takeaways from Bert Jacobs at MassChallenge”
Illumina To Cut 200 Jobs, 8 Percent of Workforce, After Third Quarter Sales Fall Short
[Updated: 6:45 am, 10/26] San Diego-based Illumina is doing some restructuring to make up for third-quarter sales that fell way short of investors’ expectations. The market-leading maker of DNA sequencing instruments (NASDAQ: [[ticker:ILMN]]) said today it is going to restructure (i.e., make job cuts) that will add up to a $15 million to $17 million … Continue reading “Illumina To Cut 200 Jobs, 8 Percent of Workforce, After Third Quarter Sales Fall Short”
VC Slows, ViaSat Soars, Wests Unveil $100M Healthtech Fund, & More San Diego BizTech News
Data on venture capital investment activity during the third quarter poured in from different sources last week. The highlights are here, along with the rest of the San Diego’s biztech news. —Total venture capital invested in San Diego startups so far this year amounted to $567.7 million in 82 deals, according to the MoneyTree Report … Continue reading “VC Slows, ViaSat Soars, Wests Unveil $100M Healthtech Fund, & More San Diego BizTech News”
MPM-Backed Rhythm Advances Drug Programs in Diabetes and Obesity
When Boston-based Rhythm Pharmaceuticals started up in 2010 with a plan to develop drugs to address diabetes and obesity, the biotech world was littered with companies struggling to make a mark in those disease areas. San Diego based Arena Pharmaceuticals was fighting to produce data for the FDA showing its obesity drug was safe. Phenomix, … Continue reading “MPM-Backed Rhythm Advances Drug Programs in Diabetes and Obesity”
Kgbdeals and Mobile Spinach Hunt for Opportunities in Troubled Daily Deals Market
In spite of companies crumbling in the daily deals space, New York’s kgbdeals and San Mateo, CA’s Mobile Spinach believe they can survive in this now-brutal sector. Kgbdeals, part of directory assistance company kgb, acquired New York’s TheDealist last Wednesday to expand its reach with customers. Before kgbdeals could uncork the champagne, a rival deals … Continue reading “Kgbdeals and Mobile Spinach Hunt for Opportunities in Troubled Daily Deals Market”
Imagen Biotech, Staffed With Eyetech Vets, Launches in NYC With Plan to Tackle Eye Diseases
Nearly a week after announcing its $40 million Series A financing, New York-based Imagen Biotech is still largely in stealth mode. But the startup’s chief medical officer, Matthew Feinsod, took a few minutes yesterday to talk with Xconomy about one of Imagen’s top priorities: finding new drugs to treat “dry” age-related macular degeneration (AMD), a … Continue reading “Imagen Biotech, Staffed With Eyetech Vets, Launches in NYC With Plan to Tackle Eye Diseases”
Zaarly Rings Up $14M to Fuel Growth, adds Firepower to Board with HP’s Meg Whitman
Peer-to-peer e-commerce startup Zaarly, born out of a Startup Weekend event just this spring, has tallied a new $14.1 million venture round and is adding freshly installed Hewlett-Packard chief Meg Whitman to its board. The news represents some pretty high-profile votes of confidence in Zaarly, which has only been around as a functioning product for … Continue reading “Zaarly Rings Up $14M to Fuel Growth, adds Firepower to Board with HP’s Meg Whitman”
SiOnyx, Black Silicon Startup of the North Shore, Shows Its Solar Cell Tech Is For Real
In a very difficult climate for U.S. solar companies, one Boston-area startup has made some significant progress in solar technology. SiOnyx, a Beverly, MA-based semiconductor company known for its “black silicon” approach to various applications, including solar cells, is reporting today that it has achieved an overall efficiency that is higher than the current industry … Continue reading “SiOnyx, Black Silicon Startup of the North Shore, Shows Its Solar Cell Tech Is For Real”
Zaarly Lands $14,100,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=34f60af5-6254-47ec-9ecb-2eceec6b276a&Preview=1 Date 10/25/2011 Company Name Zaarly Mailing Address Undisclosed Los Angeles , CA 90001 Company Description The company offers a proximity based, real-time buyer powered market application. Website http://www.zaarly.com Transaction Type Venture Equity Transaction Amount $14,100,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Kleiner … Continue reading “Zaarly Lands $14,100,000 Series A Round”
BlueCava Obtains $9,500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=66c092d0-6c3e-44b6-a86a-9601e113bcbb&Preview=1 Date 10/25/2011 Company Name BlueCava Mailing Address 2151 Michelson Dr. Irvine, CA 92612 Company Description The company has created the BlueCava Device Identification Platform that helps identify any device that is connected to the Internet. Website http://www.BlueCava.com Transaction Type Venture Equity Transaction Amount $9,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “BlueCava Obtains $9,500,000 New Funding Round”
Calient Networks Receives $19,400,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=470acfa4-d034-47da-b9cd-cc680a54bd84&Preview=1 Date 10/25/2011 Company Name Calient Networks Mailing Address 27 Castilian Drive Goleta, CA 93117 Company Description Calient Networks is a leading provider of intelligent, photonic switching systems and software that help service providers scale their networks for expanding bandwidth demands and deliver new wavelength services. Website http://www.calient.net Transaction Type Venture Equity … Continue reading “Calient Networks Receives $19,400,000 New Round”
Chromatin Secures $10,000,000 Series D Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b42bc63c-adff-421d-86c1-9a26bc29c184&Preview=1 Date 10/25/2011 Company Name Chromatin Mailing Address 3440 South Dearborn Street Chicago, IL 60616 Company Description Chromatin’s proprietary mini-chromosome technology can rapidly deliver multi-gene clusters designed to ensure stable and consistent gene expression in plants. Website http://www.chromatininc.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round Series D Proceeds Purposes The … Continue reading “Chromatin Secures $10,000,000 Series D Funding”
Ruckus Wireless Obtains $3,031,233 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4ed9160d-2b51-48e6-ab77-0386dd54052c&Preview=1 Date 10/25/2011 Company Name Ruckus Wireless Mailing Address 880 West Maude Avenue Sunnyvale, CA 94085 Company Description Ruckus Wireless is a wireless equipment supplier focused on the next generation of home networking. The Company is credited with developing the world’s first in-home wireless multimedia system, MediaFlex, which it introduced in October … Continue reading “Ruckus Wireless Obtains $3,031,233 New Funding”
Nutanix Secures $25,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7db1bd61-da07-401d-bab6-b5fb5ed575b4&Preview=1 Date 10/25/2011 Company Name Nutanix Mailing Address 1735 Technology Dr. San Jose, CA 95110 Company Description Nutanix is leading the charge in shrinking the virtualized data center through convergence of storage and compute tiers, driving out the cost and complexity associated with network storage. Nutanix’s revolutionary appliance provides enterprise-class compute and … Continue reading “Nutanix Secures $25,000,000 Series B Financing Round”