Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=75e2f133-6eb0-4f02-a6f7-fb71a20e04c9&Preview=1 Date 10/25/2011 Company Name Sencha Mailing Address 1700 Seaport Boulevard Redwood City, CA 94063 Company Description Sencha Touch is the world’s first app framework built specifically to leverage HTML5, CSS3, and Javascript for the highest level of power, flexibility, and optimization. We make specific use of HTML5 to deliver components like … Continue reading “Sencha Garners $15,000,000 Series B Financing Round”
Ustream.TV Garners $10,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b4d1640c-6917-48df-bd6e-af77ffe8a5cc&Preview=1 Date 10/25/2011 Company Name Ustream.TV Mailing Address 274 Castro Street Mountain View, CA 94041 Company Description Ustream.TV is a platform for live online interactive video broadcasts that lets people everywhere connect, interact and engage with one another more deeply. Ustream.TV allows anyone with a camera, computer, and Internet connection to broadcast … Continue reading “Ustream.TV Garners $10,000,000 New Round”
VisibleBrands Secures $2,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a43bc69-3159-4a65-8b93-8c6348ee7b38&Preview=1 Date 10/25/2011 Company Name VisibleBrands Mailing Address Undisclosed Kirkland, WA 98083 Company Description Shoppers make purchase decisions while they are in the store, in the aisle. The Moment of Decision™ is what matters most, the moment where advertisers can have the most impact with their audience – and deliver the last … Continue reading “VisibleBrands Secures $2,000,000 Series A Financing Round”
YourEncore Lands New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=400f8d6e-0464-4164-8be0-bc5ba133cd7f&Preview=1 Date 10/25/2011 Company Name YourEncore Mailing Address 20 N. Meridian Street Indianapolis, IN 46204 Company Description YourEncore is a network of retired and veteran scientists and engineers providing our clients with proven experience to help accelerate their pace of innovation. We are uniquely positioned to help our clients recover lost knowledge … Continue reading “YourEncore Lands New Financing Round”
Subtext Obtains $3,000,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3b09bc7e-938f-434f-b3f6-682132233e5f&Preview=1 Date 10/25/2011 Company Name Subtext Mailing Address 100 Metropolitan Ave Studio 8 Williamsburg, NY 11211 Company Description Subtext powers the first reading community in the pages of ebooks. With Subtext, you can engage in conversations with friends, authors and experts and access all types of information and multimedia in the margins … Continue reading “Subtext Obtains $3,000,000 Seed Funding”
Rootstock Software Garners New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b1201324-2d10-45a1-b9d5-1da953fc14fe&Preview=1 Date 10/25/2011 Company Name Rootstock Software Mailing Address 2415 San Ramon Valley Blvd San Ramon, CA 94583 Company Description Rootstock Software is a leading manufacturing solution provider of manufacturing enterprise software via the Manufacturing Cloud (Software as a Service (SaaS)) serving manufacturers. Website http://www.rootstocksoftware.com Transaction Type Venture Equity Transaction Amount Undisclosed … Continue reading “Rootstock Software Garners New Financing Round”
OwnLocal Garners $1,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d7cb5bb2-1961-4069-aa99-7c3b56a55828&Preview=1 Date 10/25/2011 Company Name OwnLocal Mailing Address 701 Brazos St. Austin, TX 78701 Company Description OwnLocal technology powers more than 100 publications and is growing rapidly. We’ve been featured in publications like the Wall Street Journal, TechCrunch, the Washington Post, and many more. Our products touch more than 1 million people … Continue reading “OwnLocal Garners $1,000,000 New Funding”
Main Street Hub Receives $2,559,398 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=94e60c1c-1912-4faa-b41a-89009642ec29&Preview=1 Date 10/25/2011 Company Name Main Street Hub Mailing Address 720 Brazos Street Austin, TX 78701 Company Description Our mission is to help great local businesses around the world connect with customers. Website http://www.mainstreethub.com Transaction Type Venture Equity Transaction Amount $2,559,398 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC … Continue reading “Main Street Hub Receives $2,559,398 New Financing Round”
MassChallenge Awards $100K to Alkeus, Sanergy, and Tinfoil; 14 Others Get $50K in Accelerator Program’s Second Year
Another year, another MassChallenge class. The sophomore edition of the startup accelerator and $1 million business plan competition did not disappoint. Nor did the final event of the program. Tonight was the big awards gala, held at the Boston Convention & Exhibition Center in South Boston—a cavernous and sprawling, impersonal space—but it did the job. … Continue reading “MassChallenge Awards $100K to Alkeus, Sanergy, and Tinfoil; 14 Others Get $50K in Accelerator Program’s Second Year”
They’re Under 30. They Probably Can.
It’s getting tiring to hear that the United States can’t. Can’t innovate anymore. Can’t create jobs. But if you look around Massachusetts I think you’ll come to the conclusion that if anyone can, it’s probably people under 30 (plus or minus). I’m sitting in an old mill building in Holyoke. There are almost 100,000 students … Continue reading “They’re Under 30. They Probably Can.”
Synthetic Genomics Spins Out Another Startup, Agradis, Focused on Agricultural Biotechnology
After spinning out a startup last year to develop next-generation vaccines, San Diego’s Synthetic Genomics says today it has joined forces with a Mexican investor to form Agradis, an agricultural biotech that will seek to commercialize its advances in plant breeding and genomics. With $20 million in Series A financing, Agradis is intended to accelerate … Continue reading “Synthetic Genomics Spins Out Another Startup, Agradis, Focused on Agricultural Biotechnology”
MoneyTree Report: VC Investment in MI Down From Last Year, Up From Last Quarter
The third-quarter 2011 data is in from the MoneyTree Report by Pricewaterhouse Coopers, and it shows that while Michigan’s VC investment decreased by about 20 percent compared to the third quarter of 2010 ($43.2 million invested in 2010, compared to $34.8 million in 2011), it more than doubled compared to the second quarter of 2011, … Continue reading “MoneyTree Report: VC Investment in MI Down From Last Year, Up From Last Quarter”
MIT Enterprise Forum: Defeating Alzheimer’s
Info and registration details here. Alzheimer’s Disease devastates the lives of 25-40 million people worldwide — a number that is projected to quadruple in the coming decades. There are currently no FDA-approved medicines that can significantly modify the course of the disease. There is no effective means for early detection and diagnosis. Furthermore, neurodegeneration is … Continue reading “MIT Enterprise Forum: Defeating Alzheimer’s”
MIT Enterprise Forum: Changing the World: How Innovators Are Using the Web for Social Action
Information and registration details here. Using business methods and entrepreneurial skills to solve the world’s most dire social ills is attracting all kinds of attention. Social entrepreneurship and the blending of for-profit with non-profit models are just two recent trends hoping to make the world a better place. And tech innovations — from mobile devices … Continue reading “MIT Enterprise Forum: Changing the World: How Innovators Are Using the Web for Social Action”
Facebook Takes Credits to the Web, & Real’s GameHouse is the Petri Dish
Facebook is testing its virtual currency system, Facebook Credits, on sites across the broader Web—and the first public guinea pig is GameHouse, the casual-games division of RealNetworks (NASDAQ: [[ticker:RNWK]]) that is going full-bore after a bigger slice of the social-gaming sector. Facebook Credits allow players to buy “virtual goods” within games they play. So, if … Continue reading “Facebook Takes Credits to the Web, & Real’s GameHouse is the Petri Dish”
Randal Charlton Leaves TechTown to Run New Program for Older Entrepreneurs
Wayne State University’s business incubator TechTown announced today that current executive director Randal Charlton has stepped down to transition into a leadership position with BOOM! The New Economy, a new program supporting the Baby Boom generation’s reinvention as entrepreneurs. Leslie Smith, TechTown’s current general manager, will take over his position starting Nov. 1. TechTown was … Continue reading “Randal Charlton Leaves TechTown to Run New Program for Older Entrepreneurs”
See You This Afternoon at “Computing in the Age of the $1,000 Genome”
We’re getting ready here at Xconomy SF to head over to QB3 at UCSF Mission Bay this afternoon for our big event, “Computing in the Age of the $1,000 Genome.“ This event will bring together an ensemble cast of speakers talking about one of the big challenges in computing today, and how medicine and society … Continue reading “See You This Afternoon at “Computing in the Age of the $1,000 Genome””
VC Investment in MA Companies Falls Back to Earth (from $1B to $505M): Top 10 Q3 Deals
Here comes another venture capital downturn. Maybe. That’s my not-so-definitive take after looking at the VC investment numbers for Massachusetts in the third quarter of 2011, which broadly reflected the national trend as well. How any such downturn will compare to 2008-09 is anyone’s guess. Maybe it’s just a blip, or a healthy resetting after … Continue reading “VC Investment in MA Companies Falls Back to Earth (from $1B to $505M): Top 10 Q3 Deals”
OpenSky Raises $30M in Series C Round with Providence Equity Partners, Others
New York’s OpenSky said in a press release today it raised $30 million in a Series C financing round led by Providence Equity Partners. Existing investors Canaan Partners, Highland Capital Partners, and The Raine Group participated in the round. In two prior funding rounds, OpenSky raised a total of $19 million. OpenSky, which launched its … Continue reading “OpenSky Raises $30M in Series C Round with Providence Equity Partners, Others”
RightNow, BlueStacks, Bridgelux: Bay Area BizTech News by the Numbers
Time for our irregular roundup of business and technology news. Some of this is today’s news, and some is catch-up from last week: $1.5 billion—The approximate price fetched by Bozeman, MT-based RightNow, which was acquired today by Oracle, the Redwood Shores, CA-based database giant. RightNow offers cloud-based customer service and support software. Oracle executive vice … Continue reading “RightNow, BlueStacks, Bridgelux: Bay Area BizTech News by the Numbers”
Sanofi Names David Meeker New CEO of Genzyme, Will Report to Viehbacher
Genzyme only had one leader for more than 25 years, and it has found a new one in David Meeker, now that the company is part of Paris-based pharmaceutical giant Sanofi. Meeker will become the CEO of the Cambridge, MA-based Genzyme unit starting Nov. 1, and will report to Sanofi CEO Chris Viehbacher, according to … Continue reading “Sanofi Names David Meeker New CEO of Genzyme, Will Report to Viehbacher”
Exelixis Passes Key Test With Lead Drug; Stock Soars
Exelixis shareholders have been waiting for months to see how the company’s lead drug would perform in a pivotal clinical trial, and today they got some gratification. The South San Francisco-based company said that cabozantinib was able to keep thyroid tumors from spreading for about seven months longer than a placebo in a study known … Continue reading “Exelixis Passes Key Test With Lead Drug; Stock Soars”
Xconomy Asks the Experts: Can Technology Innovation Really Lower the Cost of Healthcare?
Last week I was struck in particular by a comment that one reader appended to my post about the formation of a $100 million West Health Investment Fund by San Diego philanthropists Gary and Mary West. The Wests say they created the fund (and are providing the entire $100 million themselves) to invest in “cutting-edge” … Continue reading “Xconomy Asks the Experts: Can Technology Innovation Really Lower the Cost of Healthcare?”
Pintley, a MassChallenge Finalist, Looks to Turn Beer Industry On Its Head With Social Apps
I don’t like playing favorites. I just really like beer. Especially after this weekend. But enough about me. A couple of weeks ago, I got to chat with Tim Noetzel, the co-founder of Pintley, a Boston-based beer website that provides personalized recommendations, tasting notes, and a social community. Pintley is a participant in this year’s … Continue reading “Pintley, a MassChallenge Finalist, Looks to Turn Beer Industry On Its Head With Social Apps”
RRE Ventures-Backed Bitly Offers Reputation Monitoring for Professional Users, Plans More Services
The folks at New York’s bitly want to be known for more than shortened links. So the company, funded by investors such as RRE Ventures and AOL Ventures, started a beta trial early this month for a service that monitors the reputations of its enterprise customers. Though it is best-known for those shortened and shared … Continue reading “RRE Ventures-Backed Bitly Offers Reputation Monitoring for Professional Users, Plans More Services”
Tippr’s Martin Tobias: Groupon Clones Done, ‘Arms Dealer’ Approach Paying Off
Updated 10:45 am Pacific After Groupon’s season of woe, a truckload of me-too disappearing acts, and last week’s mass-layoff meltdown at third-place competitor BuyWithMe, it sure isn’t looking like a very bullish time to be operating a daily deals startup. Martin Tobias would disagree. The Seattle entrepreneur, who been through some notable ups and downs … Continue reading “Tippr’s Martin Tobias: Groupon Clones Done, ‘Arms Dealer’ Approach Paying Off”
Biotech VCs Have a Problem, and it Will Get Worse Before It Gets Better
We’ve heard warnings for a couple of years now that the chickens would come home to roost in the biotech venture capital scene. Quite a few VCs just haven’t delivered the returns to back up all their talk, and you can’t wait around forever for things to improve. This drama is going to be long … Continue reading “Biotech VCs Have a Problem, and it Will Get Worse Before It Gets Better”
PharmaSecure Lands $3,900,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1f93be73-4111-49fa-bff0-add8ea2edf28&Preview=1 Date 10/24/2011 Company Name PharmaSecure Mailing Address 16 Cavendish Court Lebanon, NH 03766 Company Description At PharmaSecure, our mission is twofold: to end the public health menace of pharmaceutical counterfeiting, and to help manufacturers communicate more effectively with their customers. Our systems cut out counterfeiters by creating a simple, secure, and … Continue reading “PharmaSecure Lands $3,900,000 New Financing Round”
GumGum Receives $7,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2fdb69d8-6741-4d74-91a8-021682ee356a&Preview=1 Date 10/24/2011 Company Name GumGum Mailing Address 530 Wilshire Blvd. Santa Monica, CA 90401 Company Description GumGum is a licensing and distribution platform for online content. We believe paying a flat rate to license content for online use is illogical. Offline, the flat rate model works because distribution is finite. Online, … Continue reading “GumGum Receives $7,000,000 New Funding Round”
OptiMine Software Obtains $3,600,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c187c1f0-fa2c-40f3-864d-927a85c2603a&Preview=1 Date 10/24/2011 Company Name OptiMine Software Mailing Address 1365 Park Road Chanhassen, MN 55317 Company Description OptiMine Software was founded by experienced software executives, including Rob Cooley and Doug Bryan, experts in marketing applications based on data mining. Website http://www.optimine.com Transaction Type Venture Equity Transaction Amount $3,600,000 Transaction Round Series B … Continue reading “OptiMine Software Obtains $3,600,000 Series B Financing Round”
Workday Secures $85,000,000 Series F Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6237d855-c604-40f7-a272-06fe0b073752&Preview=1 Date 10/24/2011 Company Name Workday Mailing Address 6230 Stoneridge Mall Road Pleasanton, CA 94588 Company Description Workday provides Enterprise Business Services, our enterprise business solutions for Human Capital Management, Revenue Management, Resource Management and Financial Management as an on-demand 24×7 service. Customers will pay as they go – making infrastructure and … Continue reading “Workday Secures $85,000,000 Series F Financing”
SolarEdge Secures $37,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b2d11213-7d23-49fa-90ca-99cd8efe4d94&Preview=1 Date 10/24/2011 Company Name SolarEdge Mailing Address 900 Golden Gate Terrace Grass Valley, CA 95945 Company Description SolarEdge develops a unique power harvesting solution providing unsurpassed performance in real-life scenarios. It will lower the average cost per watt in any typical photovoltaic installation via increased wattage and lower costs, provide for … Continue reading “SolarEdge Secures $37,000,000 New Financing”
BridgeLux Receives $15,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=050ab0c0-0e07-4f24-8ccd-f705d2b8cd3d&Preview=1 Date 10/24/2011 Company Name BridgeLux Mailing Address 101 Portola Ave. Livermore, CA 94551 Company Description BridgeLux is a leading developer and provider of high power indium gallium nitride light emitting diodes (InGaN LEDs) which provide an efficient, reliable source of blue, green, or white light in various solid state lighting, mobile … Continue reading “BridgeLux Receives $15,000,000 New Funding Round”
OpenSky Project Secures $30,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bc9508d2-ef25-4c8b-8cca-d72bd7d261bb&Preview=1 Date 10/24/2011 Company Name OpenSky Project Mailing Address 18 W. 18th St. Ninth Floor New York, NY 10011 Company Description OpenSky is a new way to shop, buy, and sell. We give anyone with an audience — bloggers, editors, celebrities, social media mavens — the chance to discover amazing products in … Continue reading “OpenSky Project Secures $30,000,000 New Financing Round”
Chartboost Receives $2,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=62849a82-db7a-4a28-97b6-b351e3786adc&Preview=1 Date 10/24/2011 Company Name Chartboost Mailing Address 185 Clara St. San Francisco, CA 94107 Company Description Chartboost is a platform for internal cross-promotion, direct cross-promotion with other apps, or promoting across a wide network. Website http://www.chartboost.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Series A Proceeds Purposes The new … Continue reading “Chartboost Receives $2,000,000 Series A Round”
Wireless Seismic Secures $9,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=549d2b9b-d660-4aca-a37b-fb2c89a086d7&Preview=1 Date 10/24/2011 Company Name Wireless Seismic Mailing Address 13100 Southwest Freeway Sugar Land, TX 77478 Company Description Wireless Seismic was formed in 2006 to develop and introduce the RT 1000, a revolutionary seismic data acquisition system to the exploration and production industry, which capitalizes on emerging technologies in the seismic, wireless … Continue reading “Wireless Seismic Secures $9,000,000 New Financing”
Cloud Identity Summit
Google and Ping Identity co-host an afternoon event on security and cloud computing. From the event description: “Want to make your cloud initiatives a little more compelling and a lot more credible? Join Ping Identity and Google for an exclusive snapshot from the Cloud Identity Summit in Keystone, Colorado and learn how cloud identity security … Continue reading “Cloud Identity Summit”
Big Open Data Panel at PeopleBrowsr
From the event description: “The Social Revolution is in its infancy. We are generating data faster than we can make sense of it. What are the opportunities for marketers, scientists, governments… humanity? Explore the advent of Big Open Data with: Bonin Bough, Global Director of Digital and Social Media, PepsiCo Roger Magoulas, Director of Market … Continue reading “Big Open Data Panel at PeopleBrowsr”
Food Startups Meetup and Founders Panel
Food Startups is a community for networking with food lovers, designers, hackers, and entrepreneurs who are building apps in the food space. We also showcase new food-related apps and receive feedback from the community. Food Startups brings together food lovers, food producers, chefs, hackers, designers, and entrepreneurs focused on technology and market trends in the … Continue reading “Food Startups Meetup and Founders Panel”
Mobile Augmented Reality Quarterly Meetup
At this quarterly meetup event, mingle with augmented reality professionals, learn about the latest-and-greatest in this fascinating new technology and discuss ways to apply augmented reality in a professional and collegial atmosphere. To help facilitate brainstorming, we will show real-life applications of mobile AR on the junaio platform and have a junaio Certified Developer talk about his … Continue reading “Mobile Augmented Reality Quarterly Meetup”
Babson Entrepreneurship Forum
Info and registration here. In honor of its 10th anniversary, this year’s Forum is an exclusive three-day event, running from November 11-13th. During these three days, attendees will be given the opportunity to participate in professionally led workshops, networking opportunities, business plan competitions and more! he Forum is Babson’s largest student-run event.
DartBoston’s MassTLC unConference Pre-Party
Info and registration here. DartBoston and MassTLC have joined forces to bring you the best unConference pre-party in history! Special thanks to Terrible Labs for sponsoring the event!
Attention National Media: It’s Time to Change The Way You Cover Detroit
When the Economist‘s piece on Detroit (“The Parable of Detroit: So Cheap, There’s Hope“) landed in my inbox this morning, I dug in, curious. This is the Economist, after all, which typically puts its jaundiced British eye on American subjects and reports without bias or mercy. Ah, yes, I thought—here comes a super legit international … Continue reading “Attention National Media: It’s Time to Change The Way You Cover Detroit”
Sha Mi, Biogen Idec’s Neurology Ace, to Join “The Genetics Institute Impact” on Dec. 14
One of the scientists at Biogen Idec pushing for a new kind of regenerative medicine got some of her most valuable experience, and inspiration, back in the day at Genetics Institute. So we’re thrilled to have Sha Mi join what is shaping up to be a truly special gathering of alumni from GI, one of … Continue reading “Sha Mi, Biogen Idec’s Neurology Ace, to Join “The Genetics Institute Impact” on Dec. 14″
How Will the $1,000 Genome Change Society? Hear From Wired’s Thomas Goetz, MDV’s Sue Siegel, Kauffman’s John Wilbanks on Monday
When complete human genomes can be sequenced for $1,000 or less, how will this change society? Will all newborns in wealthy countries get sequenced automatically as part of their permanent medical record? Will society start discriminating against people based on their genetic makeup, like the “Gattaca” nightmare scenario? Bioethicists have been discussing these questions for … Continue reading “How Will the $1,000 Genome Change Society? Hear From Wired’s Thomas Goetz, MDV’s Sue Siegel, Kauffman’s John Wilbanks on Monday”
This Week’s Xconomy Report on WGBH: Security Innovation, Vertex, West Coast Acquisitions, & More
Our exciting partnership with the folks at WGBH continues. Check out this morning’s Xconomy report—a roundup of business, technology, and life sciences news that airs every Friday at 7:49am on 89.7 FM. Today’s news: Wilmington, MA-based Security Innovation is involved in a transportation safety project that will test a wireless collision avoidance system for cars. … Continue reading “This Week’s Xconomy Report on WGBH: Security Innovation, Vertex, West Coast Acquisitions, & More”
From the Lab that Brought You Siri, It’s Trapit—A Personalized Discovery Engine
There are two kinds of people: Those who already own an iPhone 4S, and those who don’t but have seen Apple’s Siri ads and wish they did. Siri, of course, is the voice-operated personal assistant that can read your text messages, schedule appointments, check on the weather, make waffles, and babysit your toddler (just kidding … Continue reading “From the Lab that Brought You Siri, It’s Trapit—A Personalized Discovery Engine”
Wayne State Uses Social Media to Mentor Girls in Science, Tech
Wayne State University announced last week that it has received a $1.7 million grant from the National Institute on Minority Health and Health Disparities of the National Institutes of Health to increase the interest of metro Detroit girls in health-related “STEM” disciplines—science, technology, engineering, and mathematics. Sally K. Roberts, faculty adviser for WSU’s Gaining Options-Girls … Continue reading “Wayne State Uses Social Media to Mentor Girls in Science, Tech”
Third Rock Launches Sage, Glaxo Malaria Vaccine Relies on Agenus Technology, Vertex Seeks Approval of Cystic Fibrosis Drug, & More Boston-Area Life Sciences News
This week New England’s life sciences community saw a couple of cool new companies emerge and a few potentially important new treatments reach key milestones. —Boston-based Third Rock Ventures launched its newest startup with $35 million to develop a new class of drugs for brain disorders such as schizophrenia and depression. Sage Therapeutics’ approach is … Continue reading “Third Rock Launches Sage, Glaxo Malaria Vaccine Relies on Agenus Technology, Vertex Seeks Approval of Cystic Fibrosis Drug, & More Boston-Area Life Sciences News”
Hadapt Nabs $8M VC Round, Will Move from New Haven to Boston to Cash In on Big Data
[Updated 12:20pm. See below] A buzz-worthy New England tech startup is relocating from Connecticut to the Boston area after raising a sizable venture capital round, Xconomy has learned. New Haven, CT-based Hadapt has closed a Series A financing round, according to two sources with knowledge of the company. One source puts the round at $8 … Continue reading “Hadapt Nabs $8M VC Round, Will Move from New Haven to Boston to Cash In on Big Data”