Pinnacle Looks Beyond Detroit as the Market for Its Opposed-Piston Engine

When Ecomotors International set out to change the way car and truck engines are built, it set up shop in Livonia, MI, a suburb of Detroit, in hopes of eventually licensing its technology to the big U.S. automakers. It was a calculated risk. As radical as Ecomotors’ opposed-piston engine design may be, at least the … Continue reading “Pinnacle Looks Beyond Detroit as the Market for Its Opposed-Piston Engine”

NitroSecurity Snapped Up by Intel’s McAfee Amid Escalating Cyber Threats

Lots of action in computer security, especially around New England. On the same day IBM said it’s acquiring Q1 Labs of Waltham, MA, the security firm McAfee, a recent subsidiary of Santa Clara, CA-based Intel (NASDAQ: [[ticker:INTC]]), said it has agreed to buy NitroSecurity of Portsmouth, NH. Terms of the deal weren’t disclosed. NitroSecurity specializes … Continue reading “NitroSecurity Snapped Up by Intel’s McAfee Amid Escalating Cyber Threats”

IBM Acquires Q1 Labs, Forms New Division Around Software Security

N-n-n-n-n, n-, n-, n-, n-n-n-n-n-nineteen. Anyone remember that song from the golden age of music and movies? In any case, IBM has made its 19th acquisition of a Massachusetts software company since 2003. Today Big Blue (NYSE: [[ticker:IBM]]) announced it is acquiring Waltham, MA-based Q1 Labs, a 10-year-old security software firm that helps businesses see … Continue reading “IBM Acquires Q1 Labs, Forms New Division Around Software Security”

Light Sciences Oncology Stumbles in Clinical Trial, Layoffs Loom

Light Sciences Oncology, the Bellevue, WA-based developer of an unusual drug/device combo treatment for cancer, has failed in a pivotal clinical trial and is preparing to make deep cuts, including layoffs, Xconomy has learned from sources familiar with the situation. The privately-held company has raised well over $130 million since its founding in 1995, from … Continue reading “Light Sciences Oncology Stumbles in Clinical Trial, Layoffs Loom”

Geoweb Summit

What will it take to build the next generation of the Web? Hear a variety of opinions on that topic from a range of experts at this panel event. Speakers include Scott Rafer, founder of Lumatic, Darrin Clement, founder and CEO of Maponics, John Frankel, founding partner of ff Venture Capital. Register here.

Ingenuity 2011

This conference, hosted by the New York Venture Capital Association, brings together over 750 investors, entrepreneurs and more for a day of pitches, keynotes, and networking. Featured speakers include Henry Blodget, editor-in-chief and CEO of Business Insider, Nan Forte, CEO of Travel Ad Network, and Mike Lazerow, founder and CEO of Buddy Media. Register here.

Join Us at 1 pm Eastern/10 am Pacific for RNAi “Tweetchat” with Alnylam’s John Maraganore

Here’s just a quick reminder that we’re doing the live Tweetchat today with Alnylam Pharmaceuticals CEO John Maraganore. This chat, which anyone with a Twitter account is free to join, will be held today at 1 pm Eastern/10 am Pacific. The best way to follow the questions and answers will be to follow the live … Continue reading “Join Us at 1 pm Eastern/10 am Pacific for RNAi “Tweetchat” with Alnylam’s John Maraganore”

Solve Media, Backed by First Round Capital and AOL, Uses Online Ads to Tell People and Spambots Apart

New York’s Solve Media, funded by AOL Ventures, New Atlantic Ventures, First Round Capital, and others, is putting Web advertising in hard-to-miss places. The two-year-old startup combines ads with the verification systems users must respond to when joining websites or requesting lost passwords. Solve Media’s CEO and co-founder Ari Jacoby says the idea is to … Continue reading “Solve Media, Backed by First Round Capital and AOL, Uses Online Ads to Tell People and Spambots Apart”

Amazon, Khosla, Tippr: The 1-Minute Week in Seattle Tech Headlines

—Amazon (NASDAQ: [[ticker:AMZN]]) jumped into the tablet game with the much-hyped Kindle Fire device, but don’t be fooled. The new tablet is not about Amazon getting into the hardware business—it’s much more about making sure that consumers get access to Amazon’s slew of cloud services and traditional shopping on something other than Apple’s iPad, which … Continue reading “Amazon, Khosla, Tippr: The 1-Minute Week in Seattle Tech Headlines”

San Diego Startup Tracks Your Social IQ (Influence Quotient), Looks to Raise Capital

With the flip of a switch, a Web 2.0 startup that began life in mid-2009 has launched SocialIQ.com, a new beta website that also marks the San Diego company’s change to a new identity. Originally known as Soovox, the company now known as SocialIQ is making a strategic adjustment to align its corporate brand with … Continue reading “San Diego Startup Tracks Your Social IQ (Influence Quotient), Looks to Raise Capital”

InnoCentive Receives $3,432,277 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fa9c6731-6f44-41fe-9644-9999bd9143fa&Preview=1 Date 10/4/2011 Company Name InnoCentive Mailing Address 610 Lincoln St. Waltham, MA 02451 Company Description InnoCentive is an exciting new web-based community matching top scientists to relevant R&D challenges facing leading companies from around the globe. Website http://www.innocentive.com Transaction Type Venture Equity Transaction Amount $3,432,277 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “InnoCentive Receives $3,432,277 New Funding Round”

Predixion Software Garners $6,000,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2e4791cc-e275-4a53-a483-33f48d382db9&Preview=1 Date 10/4/2011 Company Name Predixion Software Mailing Address 31831 Camino Capistrano San Juan Capistrano, CA 92675 Company Description Predictive analytics enable organizations to use and analyze current and historical data to make predictions about the future that can be applied across a multitude of functional areas. Predictions are used to increase … Continue reading “Predixion Software Garners $6,000,000 Series B Financing”

Trapit Receives $5,555,959 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=53790a6f-aa12-4ce9-99e2-69a587c8c327&Preview=1 Date 10/4/2011 Company Name Trapit Mailing Address 2390 El Camino Real Palo Alto, CA 94306 Company Description The company provides users with a cognitive computer system that can learn from its experience, as well as by being advised. Website http://www.trapit.com Transaction Type Venture Equity Transaction Amount $5,555,959 Transaction Round Undisclosed Proceeds … Continue reading “Trapit Receives $5,555,959 New Funding Round”

Startwire Obtains $3,250,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ec8cc318-7e91-4247-bcbb-286a13a941e1&Preview=1 Date 10/4/2011 Company Name Startwire Mailing Address 10 Water Street 3rd Floor Lebanon, NH 03766 Company Description StartWire is powered by a team of recruiting industry veterans, job search experts, world-class technologists, and forward thinking investors all unified by a simple mission: to radically improve job search. Website http://www.startwire.com Transaction Type … Continue reading “Startwire Obtains $3,250,000 Series A Funding”

IBM Acquires Q1 Labs for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8dd9a7bc-592f-4abf-88da-e5041e45b0ef&Preview=1 Date 10/4/2011 Company Name Q1 Labs Mailing Address 890 Winter Street Waltham, MA 02451 Company Description Q1 Labs is a network security management company. Website http://www.q1labs.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.

Cloudbot Garners New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b7a411f4-abc5-4763-8e04-f525c6f08603&Preview=1 Date 10/4/2011 Company Name Cloudbot Mailing Address 435 North LaSalle St Chicago, IL 60654 Company Description Cloudbot simplifies the way you interact with your apps. Website http://www.cloudbot.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes We are extremely pleased for the opportunity to work with the experts … Continue reading “Cloudbot Garners New Round”

CV Ingenuity Secures $16,000,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=940679e6-81fc-45e4-8a5d-300d30831aed&Preview=1 Date 10/4/2011 Company Name CV Ingenuity Mailing Address 163 Britton Avenue Atherton, CA 94027 Company Description CV Ingenuity is a medical device company focused on improving patient outcomes in the treatment of vascular disease by providing “Touch-and-Go” solutions to relieve vascular obstructions, inhibit restenosis, leave no implant behind and allow natural … Continue reading “CV Ingenuity Secures $16,000,000 Series B Financing Round”

Red Hat Acquires Gluster for $136,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=855c1ee9-2bd8-42f2-9b93-50d14a584b26&Preview=1 Date 10/4/2011 Company Name Gluster Mailing Address 691 S. Milpitas Blvd. Milpitas, CA 95035 Company Description Gluster delivers an open storage software platform focused on simplifying the task of storing and managing the explosive growth of unstructured data. Website http://www.Gluster.com Transaction Type M&A Transaction Amount $136,000,000 Transaction Round Proceeds Purposes M&A … Continue reading “Red Hat Acquires Gluster for $136,000,000”

Federated Media Publishing Acquires Lijit Networks for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0214f507-35b5-4ade-9646-bd851416e16f&Preview=1 Date 10/4/2011 Company Name Lijit Networks Mailing Address 1050 Walnut St. Boulder, CO 80302 Company Description The company operates a social networking and blog search service. Website http://www.lijit.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.

RFID SIG: Fashion, Retail & the Supply Chain

This MIT Enterprise Forum event will cover radio frequency identification (RFID) technology and how it can potentially improve the supply chain process in the apparel industry. The event will feature moderator John Greaves, a veteran of the RFID technology space, as well as demonstrations of products and applications in the field. Register here.

SweetLabs Raises $13M, Entropic Invests $10M, Young & Restless Prefer Other Cities to San Diego, & More San Diego BizTech News

While some tech companies said last week that they are expanding their operations, fresh concerns are emerging about San Diego’s ability to attract and retain the young entrepreneurs driving the next generation of innovation. We’ve got all that and more in our summary of last week’s tech news. —Intel Capital was the lead investor in … Continue reading “SweetLabs Raises $13M, Entropic Invests $10M, Young & Restless Prefer Other Cities to San Diego, & More San Diego BizTech News”

Emergent BioSolutions Snags $1.25B Contract to Provide Anthrax Vaccine to Feds

Rockville, MD-based Emergent Biosolutions (NYSE: EBS)  today announced it has landed a contract worth $1.25 billion over five years to provide the federal government with 44.75 million doses of BioThrax, the only vaccine licensed by the U.S. Food and Drug Administration to protect against anthrax infection. The company will manufacture the vaccine at its facility in … Continue reading “Emergent BioSolutions Snags $1.25B Contract to Provide Anthrax Vaccine to Feds”

Rhapsody Adds Napster – and Maybe Some Overseas Subscribers

Rhapsody, the online-subscription music service that spun out of RealNetworks last year, is acquiring online music pioneer Napster from retailer Best Buy. Seattle-based Rhapsody didn’t say how much it is paying for Napster, and it wouldn’t say how many U.S. subscribers it may add through the acquisition, but the company did say Napster was its … Continue reading “Rhapsody Adds Napster – and Maybe Some Overseas Subscribers”

Complete Genomics, Scripps To Sequence 1,000 Old Folks’ Genomes to Find Secret to Long Life

Nobody a year ago could have realistically imagined sequencing 1,000 genomes of old, healthy people just to see what might be their secret to long and healthy life. But Mountain View, CA-based Complete Genomics and the Scripps Health system in San Diego are looking to take advantage of the advances in super-fast, super-cheap sequencing to … Continue reading “Complete Genomics, Scripps To Sequence 1,000 Old Folks’ Genomes to Find Secret to Long Life”

Under the Radar

From the event website: “Under the Radar is returning for our 18th conference in Mountain View, CA. As Silicon Valley’s most effective innovation showcase and business development conference, we continue to bring leading decision makers together with pre-vetted startups that are disrupting the way traditional business is run. With the consumerization of IT and the … Continue reading “Under the Radar”

From Atrium to Zettapoint: New England Firms Swept Up by Getinge, EMC, and HuffPo

Here a merger, there a merger, everywhere a merger merger… Some small, medium, and large acquisition news today around New England. —Localocracy, a Boston-based online town common and community platform, has been acquired by the Huffington Post Media Group and will join the AOL (NYSE: [[ticker:AOL]]) content unit. The news was first reported by All … Continue reading “From Atrium to Zettapoint: New England Firms Swept Up by Getinge, EMC, and HuffPo”

Intel, Mobeam, Coupons.com: Bay Area BizTech News By the Numbers

Time for our data-driven roundup of business and technology news and deals in the San Francisco Bay Area. From biggest to smallest: $6.3 billion—the aggregate value of the 101 merger-and-acquisition deals involving venture-backed companies in the third quarter of 2011—an 8 percent increase over the second quarter, according to data released today by Thomson Reuters … Continue reading “Intel, Mobeam, Coupons.com: Bay Area BizTech News By the Numbers”

Blueprint Health, New Incubator in NYC, Looks to Nurture Health IT Startups

When Brad Weinberg started up his first company, ShapeUp, in 2006, incubator programs like TechStars and Y Combinator were barely off the ground. So Weinberg and his colleagues were left pretty much on their own to develop their software platform, which combines social networking, gaming, and financial incentives to promote wellness. The company has done … Continue reading “Blueprint Health, New Incubator in NYC, Looks to Nurture Health IT Startups”

MongoSV

MongoSV is an annual one-day conference in Silicon Valley dedicated to the open source, non-relational database MongoDB. Information and registration here.

ServiceNow Hires New CTO From Microsoft Cloud

[Corrected 10/3/11, 10:25 am. See below.] ServiceNow CEO Frank Slootman said in August that he was accelerating hiring as the Web-based provider of IT services makes its transition from a fast-growth startup to an established leader in the Software as a Service industry. [Updated to correct and clarify Luddy’s role] Today the San Diego company … Continue reading “ServiceNow Hires New CTO From Microsoft Cloud”

Sangamo Fails Diabetic Neuropathy Study, Falls Back on HIV, Other Programs

Sangamo Biosciences’ lead drug candidate has flunked its biggest test yet in clinical trials, and the company said this morning that it’s time to move on to other programs. The Richmond, CA-based company (NASDAQ: [[ticker:SGMO]]) said today that SB-509 failed in a study of 170 patients that randomly assigned patients with diabetic neuropathy to a … Continue reading “Sangamo Fails Diabetic Neuropathy Study, Falls Back on HIV, Other Programs”

Lee Davenport, A Technological Hero, Dies at 95: Here are His 7 Rules for Fostering Innovation

Over the weekend, I learned that one of my heroes, Lee Davenport, had just passed away. Lee died of cancer at the age of 95 in his longtime home of Greenwich, CT. That’s where I first met him in 1994, when I was researching a book about the MIT Radiation Laboratory, the World War II … Continue reading “Lee Davenport, A Technological Hero, Dies at 95: Here are His 7 Rules for Fostering Innovation”

A Glimpse in Photos at the Xconomy Xchange: Consumers, the Cloud, and Beyond—New Rules for Innovation

VCs are wrong most of the time—and often it’s because they over-think a deal. That’s just one of the points I took away from our event this past Monday night, Xconomy Xchange: Consumers, the Cloud, and Beyond — New Rules for Innovation. If you want to catch some more themes from the panel—which featured venture capitalists … Continue reading “A Glimpse in Photos at the Xconomy Xchange: Consumers, the Cloud, and Beyond—New Rules for Innovation”

Why Universities Are Key to the Future of Biotech, and How UCSF’s Chief is Showing the Way

These are hard times at universities in America. State support is dwindling, tuition is booming, and federal research dollars are in jeopardy. Morale has taken a beating. But U.S. academic research centers are still the driving force for innovative new medicines, like always. And anyone who cares about U.S. universities should pay attention to what’s … Continue reading “Why Universities Are Key to the Future of Biotech, and How UCSF’s Chief is Showing the Way”

Reinventing the Board

Imagine a world where technology companies are more successful and grow faster because of the strategic help and guidance from their boards of directors. Or, at least imagine a world where they don’t suffer from unhelpful, or worse, problematic boards that consume management’s precious time. Some commentators like Steve Blank, Jeff Bussgang, Brad Feld, and … Continue reading “Reinventing the Board”

Quantenna Communications Lands $1,603,540 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7fffe923-fb54-4d69-aeac-214a69bdb937&Preview=1 Date 10/3/2011 Company Name Quantenna Communications Mailing Address 3450 W Warren Ave Fremont, CA 94538 Company Description Quantenna Communications Inc., is a fabless semiconductor company creating disruptive next generation MIMO based wireless chips with game-changing size, power, and performance characteristics. Website http://www.quantenna.com Transaction Type Debt Transaction Amount $1,603,540 Transaction Round Undisclosed … Continue reading “Quantenna Communications Lands $1,603,540 New Funding”

MoBeam Garners $4,900,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4823d980-7681-4ef7-95d0-883b0bbfea5e&Preview=1 Date 10/3/2011 Company Name MoBeam Mailing Address 20450 Stevens Creek Blvd Cupertino, CA 95014 Company Description MoBeam Inc. applies its patented technology to transform the consumer-retail interaction and create multiple layers of value across the entire consumer products and retail industry, with clear benefits to both consumers and retailers. Website http://www.mobeam.com … Continue reading “MoBeam Garners $4,900,000 Series A Funding Round”

Axcient Receives $15,500,000 Series C Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f1537373-391b-430a-93a6-a9a140e44b56&Preview=1 Date 10/3/2011 Company Name Axcient Mailing Address 2761 Marine Way Mountain View, CA 94043 Company Description Axcient offers the first plug-and-play data protection service to make business continuity and online backup simple for small and medium sized businesses (SMB). Axcient incorporates an onsite data backup and replication management appliance with offsite … Continue reading “Axcient Receives $15,500,000 Series C Financing”

Enkata Receives $4,400,000 Series C Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fa47afc3-b2c0-4a53-8853-f64db3ce4367&Preview=1 Date 10/3/2011 Company Name Enkata Mailing Address 2121 S. El Camino Real San Mateo, CA 94403 Company Description Enkata is the market and technology leader in Software-as-a-Service (SaaS) Performance Management for customer operations. Enkata’s analytics-powered applications combine best-practice metrics, personalized dashboards, decision analytics and integrated workflow to improve the effectiveness of … Continue reading “Enkata Receives $4,400,000 Series C Funding”

Typekit Receives New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=48502654-e8bc-49c3-b027-5d9ea428f046&Preview=1 Date 10/3/2011 Company Name Typekit Mailing Address 766-770 Valencia Street Third Floor San Francisco , CA 94101 Company Description The company develops web-native typography. Website http://www.typekit.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.

Coupons Secures $30,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d21bdcbe-9e98-4615-a0e5-af071285c324&Preview=1 Date 10/3/2011 Company Name Coupons Mailing Address 400 Logue Avenue Mountain View, CA 94043 Company Description Coupons, Inc.’s core couponing, customer acquisition, and e-mail marketing services provide clients with creation, distribution, tracking, and reporting of consumer-printed coupons that can be used for traditional in-store redemption. Website http://www.coupons.com Transaction Type Venture Equity … Continue reading “Coupons Secures $30,000,000 New Financing Round”

Adobe Systems Acquires Typekit for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=48502654-e8bc-49c3-b027-5d9ea428f046&Preview=1 Date 10/3/2011 Company Name Typekit Mailing Address 766-770 Valencia Street Third Floor San Francisco , CA 94101 Company Description The company develops web-native typography. Website http://www.typekit.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.

PaySimple Garners $16,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=471336f5-0e3e-4f32-8f65-efd71347b348&Preview=1 Date 10/3/2011 Company Name PaySimple Mailing Address 1433 17th St Denver, CO 80202 Company Description It all started on a balmy Spring day in 2005. Looking at the multi-family housing market, serial entrepreneurs Eric Remer (CEO) and Allen Wolff (Co-founder & CFO) saw a critical need to help property managers and … Continue reading “PaySimple Garners $16,000,000 New Financing”

Vinod Khosla: A Brutally Honest VC Tells Startup Weekenders to Make an Impact

Vinod Khosla admits he’s not really known as a polite guy. But he comes by it honestly. “I sort of had a habit at age 12 of insulting priests in India, because it was fun for me. I was a troll,” Khosla said Friday. “There is fun in that. If there’s a lot of conventional … Continue reading “Vinod Khosla: A Brutally Honest VC Tells Startup Weekenders to Make an Impact”

Geron Names Chip Scarlett, Former Proteolix, Tercica Boss, as New CEO

Geron has found a new CEO as it moves ahead in the new world of clinical trials with embryonic stem cells. Menlo Park, CA-based Geron (NASDAQ: [[ticker:GERN]]) said that biotech veteran John “Chip” Scarlett has been named the company’s new CEO and member of the board. Scarlett, an endocrinologist by training, is best known for … Continue reading “Geron Names Chip Scarlett, Former Proteolix, Tercica Boss, as New CEO”

Psilos, Box, Blekko: Bay Area BizTech By the Numbers

It’s time for our data-driven news roundup. From the biggest number to the smallest: $400 million—The target size of a new venture fund being raised by health IT investor Psilos Group, according to a report today in PE Hub. The firm has offices in Corte Madera, CA, New York, and Santa Fe, NM. Psilos partner … Continue reading “Psilos, Box, Blekko: Bay Area BizTech By the Numbers”

Genomic Health Wins Medicare Coverage for High-Priced Colon Cancer Test

Health insurers usually aren’t wild about paying big bucks for diagnostic tests, and things probably won’t get easier for diagnostic companies as Medicare’s budget comes under increasing pressure. But Redwood City, CA-based Genomic Health has found a way to persuade that very big insurer that its test for predicting the risk of colon cancer recurrence … Continue reading “Genomic Health Wins Medicare Coverage for High-Priced Colon Cancer Test”

A Few Details Surface on Tribeca Venture Partners

A new venture firm focused on early-stage technology companies in New York has debuted, according to reports by Fortune and Dow Jones VentureWire. Because of regulatory rules, Brian Hirsch, managing director of New York’s GSA Venture Partners, could not discuss the birth of Tribeca Venture Partners when contacted by Xconomy, but Tribeca’s website offers a … Continue reading “A Few Details Surface on Tribeca Venture Partners”

Can Crowdsourcing Make a Dent in Unemployment? Ask MobileWorks

Jobs are the single biggest political issue of the day in the U.S., and rightly so. As of August, the official unemployment rate in the United States stood at 9.1 percent. That was down one point from the October 2009 peak of 10.1 percent, but still higher than at any time since the 1930s, with … Continue reading “Can Crowdsourcing Make a Dent in Unemployment? Ask MobileWorks”

RXi Splits Up, Zeo Launches Mobile Sleep-Tracking App, Karuna Licenses Schizophrenia Compounds, & More Boston-Area Life Sciences News

This week’s New England life sciences news spanned companies targeting cancer, schizophrenia, sleep improvement, and genomic analysis. —Newton, MA-based health IT startup Zeo announced it added a mobile app version of its sleep tracking and coaching system. The company hopes the tool, which pushes sleep data gathered from a sensor-laden headband to a user’s mobile … Continue reading “RXi Splits Up, Zeo Launches Mobile Sleep-Tracking App, Karuna Licenses Schizophrenia Compounds, & More Boston-Area Life Sciences News”