Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b42aec15-2180-42ee-ad86-5cc737161448&Preview=1 Date 9/16/2011 Company Name Unigo.com Mailing Address 386 Park Ave. S 15th Floor New York, NY 10016 Company Description Powered by a network of the nation’s top college counselors and a vibrant community of enrolled college students, Unigo is the Web’s largest resource of information to find, get in and pay … Continue reading “Unigo.com Receives $1,600,000 Series A Financing Round”
Angie’s List Secures $15,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a7bb57e-3eb6-42f6-b8c7-fd3c7f864ecd&Preview=1 Date 9/16/2011 Company Name Angie’s List Mailing Address 1030 E. Washington St. Indianapolis, IN 46202 Company Description Angie’s List is a growing collection of homeowners’ real-life experiences with local service companies. The people who join Angie’s List are like you — looking for a way to find trustworthy companies that perform … Continue reading “Angie’s List Secures $15,000,000 New Financing Round”
Angie’s List Secures $15,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a7bb57e-3eb6-42f6-b8c7-fd3c7f864ecd&Preview=1 Date 9/16/2011 Company Name Angie’s List Mailing Address 1030 E. Washington St. Indianapolis, IN 46202 Company Description Angie’s List is a growing collection of homeowners’ real-life experiences with local service companies. The people who join Angie’s List are like you — looking for a way to find trustworthy companies that perform … Continue reading “Angie’s List Secures $15,000,000 New Financing Round”
TenMarks Secures $3,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ccf6d723-a470-4a52-825d-bd36eec7ade4&Preview=1 Date 9/16/2011 Company Name TenMarks Mailing Address 46 Glen Avenue Newton, MA 02459 Company Description TenMarks is on a mission to build a stronger foundation and a stronger future for all children. TenMarks was founded by entrepreneurial parents searching for a better way to help students achieve their potential in math, … Continue reading “TenMarks Secures $3,000,000 New Funding”
Seattle, Meet Shopobot: Amid Amazon Sales Tax Fight, Comparison-Shopping Startup Flees San Francisco
Seattle has already birthed a couple of early stage companies trying to help shoppers track the price swings and model rollouts of expensive electronic gadgets. Well, add another one to the mix—thanks in part to the national battle between Amazon.com and big-box retailers over collecting taxes for online sales. I’m talking about Shopobot, which just … Continue reading “Seattle, Meet Shopobot: Amid Amazon Sales Tax Fight, Comparison-Shopping Startup Flees San Francisco”
Cocrystal Discovery Snags $7.5M in Hepatitis C Collaboration With Teva
Cocrystal Discovery, the Bothell, WA-based drug discovery startup led by a couple of Icos veterans, has nailed down $7.5 million in new investment to develop a new kind of hepatitis C drug with Israel-based Teva Pharmaceutical. Teva, the big maker of generic drugs that’s increasingly seeking to invent new ones, agreed to invest the money … Continue reading “Cocrystal Discovery Snags $7.5M in Hepatitis C Collaboration With Teva”
Merck Joins the Big Pharma VC Party, Setting Up $250M Biotech Investment Fund
[Updated with Merck comment 1:25 pm ET, 9/16] Just about all the major pharmaceutical companies have their own venture capital funds to invest in biotech startups, and now one of the real biggies, Whitehouse Station, NJ-based Merck, has joined the club. Merck (NYSE: [[ticker:MRK]]) has established the new Merck Research Venture Fund (MRVF) with $250 … Continue reading “Merck Joins the Big Pharma VC Party, Setting Up $250M Biotech Investment Fund”
Sequoia Leads $30M Round for Visualization App-Maker MeLLmo
Del Mar, CA-based MeLLmo, which provides visualization software that transforms data from spreadsheets and other business software into interactive graphics for the iPhone and iPad, says today it has secured $30 million through a round led by Sequoia Capital. This is MeLLmo’s first round of institutional financing. The startup had previously raised $20 million from … Continue reading “Sequoia Leads $30M Round for Visualization App-Maker MeLLmo”
Ion Torrent Racing to Change Healthcare, VentiRx to Close SD Office, RF Surgical Raises $12M, and More San Diego Life Sciences News
San Diego’s biggest life sciences stories over the past week were fundamentally about the potential of new technologies. We’ve got what’s happening at Life Technologies’ Ion Torrent and Panmira Pharmaceuticals wrapped up for you here. —Luke talked with Ion Torrent founder Jonathan Rothberg about the company’s increasingly high profile in sequencing genomes at high speed … Continue reading “Ion Torrent Racing to Change Healthcare, VentiRx to Close SD Office, RF Surgical Raises $12M, and More San Diego Life Sciences News”
Silicon Valley’s Pay-It-Forward Culture
Foreign visitors to Silicon Valley continually mention how willing we are to help, network and connect strangers. We take it so for granted we never even to bother to talk about it. It’s the “Pay-It-Forward” culture. The Chips are Down in 1962 Walker’s Wagon Wheel Bar/Restaurant in Mountain View became the lunch hangout for employees … Continue reading “Silicon Valley’s Pay-It-Forward Culture”
Venture Alpha
From the event announcement: A day of candid discussion of successful fundraising and execution strategies in the venture business, Venture Alpha is the must-attend event for anyone looking to raise a VC fund this fall. The conference already boasts an extensive list of speakers, and the editors of Venture Capital Journal have just added a … Continue reading “Venture Alpha”
Fraunhofer CSE, With Roots In Post-WWII Germany, Eyes South Boston Building as Energy Efficiency Test Bed
Building owners and managers are often reluctant to adopt new energy efficiency technology because they doubt it will be worth the cost in the long run. Nolan Browne, managing director of the Cambridge, MA-based (for now) Fraunhofer Center for Sustainable Energy Systems, is on the same page. “I fundamentally agree with them,” he says. “If … Continue reading “Fraunhofer CSE, With Roots In Post-WWII Germany, Eyes South Boston Building as Energy Efficiency Test Bed”
StoryWorld Conference & Expo
From the conference website: “Develop your intellectual property’s infinite potential for growth and profit. Transmedia entertainment—the art and business of creating a rich, cohesive story world that reaches audiences through film, book, game, social media, and more—is the most exciting and potentially lucrative development in entertainment today.” Keynote speaker: Jordan Weisman, creator of Cathy’s Book, … Continue reading “StoryWorld Conference & Expo”
J&J Honors Genentech Scientist, Holds Meeting on Future of Anti-Angiogenesis Drugs
It’s not every day that you see one Big Pharma company handing an award to another, but that’s just what happened yesterday at the New York Academy of Sciences. New Brunswick, NJ-based Johnson & Johnson (NYSE: [[ticker:JNJ]]) gave its Dr. Paul Janssen Award for Biomedical Research to Napoleone Ferrara, the Genentech scientist whose discoveries contributed to … Continue reading “J&J Honors Genentech Scientist, Holds Meeting on Future of Anti-Angiogenesis Drugs”
Thursday Deals Roundup: InMobi, Chegg, GCT, Alphabet Energy, RRKidz & More
It’s a busy day for venture-funding and IPO announcements. To wit: —San Mateo, CA-based InMobi, which runs the largest independent mobile ad network, said today that it has arranged a whopping $200 million investment from Softbank, in two tranches of $100 million each arriving this month and in April 2012. “With a global leader like … Continue reading “Thursday Deals Roundup: InMobi, Chegg, GCT, Alphabet Energy, RRKidz & More”
Gojee Gets $1.2M in Seed Round, Adds Ustream’s Brad Hunstable as Advisor
New York startup Gojee says it raised $1.2 million in a seed round led by Kapor Capital. Gojee CEO Michael LaValle said via e-mail that Brad Hunstable, co-founder and president of Ustream, will serve as an advisor. Gojee curates recipes for its members based on ingredients ostensibly from their own kitchens. The recipes come from food … Continue reading “Gojee Gets $1.2M in Seed Round, Adds Ustream’s Brad Hunstable as Advisor”
NABsys Takes in $10M Round, Led by Stata, for Gene Sequencing Tools
NABsys, a Providence, MA-based gene-sequencing startup, announced today it has closed a $10 million Series C investment led by return investor Stata Venture Partners, the Needham, MA-based firm founded by Analog Devices (NASDAQ: [[ticker:ADI]]) co-founder and chairman Ray Stata (a member of the NABsys board of directors). The new money, which brings NABsys’ total financing … Continue reading “NABsys Takes in $10M Round, Led by Stata, for Gene Sequencing Tools”
Altair ProductDesign Unveils World’s First Hydraulic Hybrid Bus
Last week, Troy-based Altair ProductDesign unveiled the world’s first series hydraulic hybrid transit bus, the LCO-140H (Low-Cost of Ownership-1st 40-foot Hybrid). The LCO-140H achieved an industry high fuel economy of 6.9 mpg when tested using “stop-and-go” cycles and test protocols established by the Federal Transit Administration —110 percent better fuel economy than conventional diesel buses … Continue reading “Altair ProductDesign Unveils World’s First Hydraulic Hybrid Bus”
Accumetrics CEO Measures Progress of Its Medical Diagnostics Business
Accumetrics CEO Tim Still tells me much has changed since I profiled the San Diego medical diagnostics company in 2009. The venture-backed company makes an automated diagnostic instrument that uses a disposable test kit to measure a cardiovascular patient’s specific response to anti-clotting drugs. More than a million Americans are hospitalized each year due to … Continue reading “Accumetrics CEO Measures Progress of Its Medical Diagnostics Business”
NextCAT Awarded $500K Small Business Grant
Detroit-based alternative energy startup NextCAT last week announced it has received a Phase II Small Business Innovation Research award from the National Science Foundation (NSF) in the amount of $498,830, bringing NextCAT’s total grant funding to $1.3 million. The company is working to commercialize a class of biofuel catalysts developed at Wayne State University. The … Continue reading “NextCAT Awarded $500K Small Business Grant”
The Immunex Impact: Join Steve Gillis, Chris Henney and Many More on Dec. 1
Immunoids, and friends of Immunoids, listen up. Come December, it will be 10 years since Immunex agreed to be acquired by Amgen. I figure it’s the perfect time to reunite the people who lived through the exhilarating, and sometimes terrifying, experience of building Seattle’s first major biotech company. So I’m super-psyched to say that we … Continue reading “The Immunex Impact: Join Steve Gillis, Chris Henney and Many More on Dec. 1”
Xconomist of the Week: Reed Sturtevant of Lotus, Idealab, and Microsoft Fame Talks Tech Trends to Watch
You know the type. He’s at every tech startup event, every investor event, and every incubator and early-stage mentorship session (at least every good one). He’s talked to every entrepreneur in the area and has had a hand in the development of many of their companies. He has been a fixture of the local software … Continue reading “Xconomist of the Week: Reed Sturtevant of Lotus, Idealab, and Microsoft Fame Talks Tech Trends to Watch”
Ion Torrent’s Fast and Cheap DNA Sequencer Catches On, Even as Biologists Tighten Belts
Ask Jonathan Rothberg a few questions about his new venture in DNA sequencing, and, ever the showman, he find references to a pivotal event in world history while delivering what amounts to a “no comment.” The questions were basic enough: How many employees do you have in San Francisco and Guilford, CT? How much has … Continue reading “Ion Torrent’s Fast and Cheap DNA Sequencer Catches On, Even as Biologists Tighten Belts”
Dendreon Slashes 500 Jobs, Gates Foundation Adds Novartis Exec, Theraclone Tacks on $10M, & More Seattle-Area Life Sciences News
The writing was on the wall at Dendreon for weeks, but that didn’t make the bad news of layoffs any easier to stomach. —Seattle-based Dendreon (NASDAQ: [[ticker:DNDN]]) said this past week that it is cutting 500 jobs, including about 100 locally, as it seeks to conserve cash in the wake of its sales and marketing … Continue reading “Dendreon Slashes 500 Jobs, Gates Foundation Adds Novartis Exec, Theraclone Tacks on $10M, & More Seattle-Area Life Sciences News”
IPOs Look Dicey, But Private Equity May Pick Up Some Of The Slack
For a while, I was optimistic that 2011 would be a good year for venture capital-backed IPOs, and it wasn’t just wishful thinking. There were 72 VC-backed IPOs last year—six times as many as in 2009. The year ended with a bang and 2011 got off to a good start. In the first half of … Continue reading “IPOs Look Dicey, But Private Equity May Pick Up Some Of The Slack”
ProcessUnity Garners $920,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7b3d5785-4932-4d4f-bc2b-1449ed775f97&Preview=1 Date 9/15/2011 Company Name ProcessUnity Mailing Address 470 Totten Pond Road Waltham, MA 02451 Company Description ProcessUnity is a privately-held Risk Management solutions company headquartered along Route 128 in Waltham, Massachusetts, USA. Website http://www.processunity.com Transaction Type Venture Equity Transaction Amount $920,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “ProcessUnity Garners $920,000 New Funding”
PharmaSecure Receives Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=565ff992-6dbb-4eaa-b784-1c7dd200efb7&Preview=1 Date 9/15/2011 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 Receives Series B Funding Round”
V.i. Laboratories Garners $500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=66d60233-ec68-4e57-ac17-816582984b75&Preview=1 Date 9/15/2011 Company Name V.i. Laboratories Mailing Address 130 Turner Street Building 3 5th Floor Waltham, MA 02453 Company Description V.i. Labs’ provides software protection solutions that secure valuable applications against piracy, tampering and code theft. Unlike other security technologies available today, our solutions protect applications without requiring modifications to the … Continue reading “V.i. Laboratories Garners $500,000 New Round”
EnerTrac Obtains $4,270,276 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c773bf0d-4ee3-478e-a351-c90b502fac6b&Preview=1 Date 9/15/2011 Company Name EnerTrac Mailing Address 94 River Road Hudson, NH 03051 Company Description Boston area-based, EnerTrac provides low cost, low bandwidth, remote monitoring for a variety of industries. Our mission is to accelerate the connection of Machine-to-Machine communication, just as cellphone technology has revolutionized the connections among people. Our … Continue reading “EnerTrac Obtains $4,270,276 New Funding”
FireScope Lands $1,706,070 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8362aee8-b536-4133-81e3-1776a5f2e5a1&Preview=1 Date 9/15/2011 Company Name FireScope Mailing Address 2130 Main Street Huntington Beach, CA 92648 Company Description FireScope IT Service Management Solutions help remove barriers and delivers a powerful framework for the development and day-to-day management of your comprehensive IT strategy. Website http://www.firescope.com Transaction Type Venture Equity Transaction Amount $1,706,070 Transaction Round … Continue reading “FireScope Lands $1,706,070 New Round”
Celerus Diagnostics Receives $10,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b03af0bf-b73a-4e82-b23a-53e7088488f7&Preview=1 Date 9/15/2011 Company Name Celerus Diagnostics Mailing Address 1005 Mark Ave Carpinteria, CA 93013 Company Description Celerus Diagnostics is focused on addressing the unmet needs of the Anatomic Pathology Laboratory. As a partner to the Pathologist, Celerus is developing diagnostic testing systems designed to provide real time solutions for Cancer Patient … Continue reading “Celerus Diagnostics Receives $10,000,000 Series C Funding Round”
Kythera Biopharmaceuticals Receives $37,424,989 Series D Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=886a13fd-f51a-4fcc-8052-bc499ab45596&Preview=1 Date 9/15/2011 Company Name Kythera Biopharmaceuticals Mailing Address 27200 West Agoura Road Calabasas, CA 91301 Company Description Kythera is focused on science and innovation in aesthetic and restorative dermatology. These markets are expanding rapidly driven by an aging population, increasing discretionary income, and an evolution of patient preference toward restorative and … Continue reading “Kythera Biopharmaceuticals Receives $37,424,989 Series D Financing Round”
iRule Obtains $450,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4a8f68b3-3713-4a62-aa55-c356711287a2&Preview=1 Date 9/15/2011 Company Name iRule Mailing Address 29698 Andover Blvd Farmington Hills, MI 48331 Company Description iRule is the app that transforms your iPhone, iPad, or iPod touch into a universal remote control. It uses your home’s existing WiFI network to send commands from your mobile device to a network gateway. … Continue reading “iRule Obtains $450,000 New Financing Round”
Niveus Medical Obtains $2,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7239b228-549e-4498-b43f-2f708ab63544&Preview=1 Date 9/15/2011 Company Name Niveus Medical Mailing Address 252 Everett Ave Palo Alto, CA 94301 Company Description The company provides tools for patient interventions. Website Undisclosed Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Band of Angels … Continue reading “Niveus Medical Obtains $2,000,000 Series A Funding”
InMobi Lands $200,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e46f5114-9045-4de2-b662-9d2de3553d7b&Preview=1 Date 9/15/2011 Company Name InMobi Mailing Address 1200 Park Pl. San Mateo, CA 94403 Company Description InMobi, one of the fastest growing global mobile advertising network, delivers the best results to its partners through its intelligent mobile advertising solutions. The advanced technology enables advertisers to discover their target audience on mobile … Continue reading “InMobi Lands $200,000,000 New Funding Round”
Alphabet Energy Secures $12,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5cc96e67-847c-4b2f-bbca-a9ea6adccdbc&Preview=1 Date 9/15/2011 Company Name Alphabet Energy Mailing Address 239 8th St. Suite 12 San Francisco, CA 94103 Company Description Alphabet Energy, Inc. is commercializing a breakthrough, inexpensive waste heat recovery technology developed at the Lawrence Berkeley National Laboratory in Berkeley, California. With it, we will be able to tap into the … Continue reading “Alphabet Energy Secures $12,000,000 Series A Financing”
Red Robot Labs Obtains $8,500,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b02d9a79-e640-4428-a147-e14eff64ed53&Preview=1 Date 9/15/2011 Company Name Red Robot Labs Mailing Address 2251 Yale St Palo Alto, CA 94306 Company Description Red Robot Labs is a mobile gaming start-up located in Palo Alto, California. The company was founded in January 2011 by a team of industry veterans who are passionate about creating innovative, highly … Continue reading “Red Robot Labs Obtains $8,500,000 Series A Round”
Rewardli Lands $500,000 Seed Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=503b709a-408f-4ccc-909b-e1c006841ba4&Preview=1 Date 9/15/2011 Company Name Rewardli Mailing Address 444 Castro Street 12th Floor Mountain View, CA 94041 Company Description Rewardli lets self-employed and small business owners leverage their social graph to get cash back on their business purchases. Website http://www.rewardli.com Transaction Type Venture Equity Transaction Amount $500,000 Transaction Round Seed Proceeds Purposes … Continue reading “Rewardli Lands $500,000 Seed Financing Round”
Chegg Acquires Zinch for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a4bdb975-d8ef-4663-aaea-4f3dcb6e2263&Preview=1 Date 9/15/2011 Company Name Zinch Mailing Address 600 Townsend Street East 4th Floor San Francisco, CA 94103 Company Description The company operates an online network for students. Website http://www.zinch.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 … Continue reading “Chegg Acquires Zinch for Undisclosed Sum”
LiveIntent Obtains $8,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0bf9f3a1-33c9-4f6b-a892-3d6339efbff0&Preview=1 Date 9/15/2011 Company Name LiveIntent Mailing Address 291 Broadway Ninth Floor New York, NY 10007 Company Description LiveIntent is an Email Advertising and Trading Desk company with the first technology for email and display designed to support brand and direct response advertisers and agencies. Website http://www.liveintent.com Transaction Type Venture Equity Transaction … Continue reading “LiveIntent Obtains $8,000,000 Series B Funding”
Cocrystal Discovery Lands $7,500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0693c826-0130-4ccb-afe7-4bd7568bb584&Preview=1 Date 9/15/2011 Company Name Cocrystal Discovery Mailing Address 19805 North Creek Parkway Bothell, WA 98011 Company Description Cocrystal Discovery, Inc. is a privately funded biotechnology company developing antiviral therapeutics for human diseases. Cocrystal has breakthrough technologies that enable the creation of first- and best-in-class antivirals. Our mission today is to discover … Continue reading “Cocrystal Discovery Lands $7,500,000 New Funding Round”
MeLLmo Obtains $30,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=00b9f8c9-fb05-4f58-ac50-61ca62998f53&Preview=1 Date 9/15/2011 Company Name MeLLmo Mailing Address 2002 Jimmy Durante Blvd Del Mar, CA 92014 Company Description MeLLmo Inc. is a privately funded software company setting out to solve this challenge. Founded in January 2008, with offices in San Diego and Santa Monica, MeLLmo’s goal is to create revolutionary ways to … Continue reading “MeLLmo Obtains $30,000,000 New Funding Round”
Smartlogic Acquires SchemaLogic for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d5520281-9001-4228-876b-92ad086a48fd&Preview=1 Date 9/15/2011 Company Name SchemaLogic Mailing Address 800 Bellevue Way NE Bellevue, WA 98033 Company Description SchemaLogic is the leading provider of Business Semantics Management solutions. SchemaLogic Enterprise Suite provides a framework that enables companies to model the structures and relationships of business semantics that define corporate knowledge and content. Facilitating … Continue reading “Smartlogic Acquires SchemaLogic for Undisclosed Sum”
Sympoz Secures $6,000,261 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=348b3c2a-4bcf-4dc1-8471-2b62e6e854d7&Preview=1 Date 9/15/2011 Company Name Sympoz Mailing Address 1553 Platte Denver, CO 80202 Company Description Sympoz creates vibrant communities that inspire and educate. We enable you to follow your passion in an environment where you can watch, interact & learn from renowned experts, on your own schedule. Website http://www.sympoz.com Transaction Type Venture … Continue reading “Sympoz Secures $6,000,261 New Financing”
FireHost Lands $10,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ef96d0f-2a2c-4a94-beaf-5086a0d0174c&Preview=1 Date 9/15/2011 Company Name FireHost Mailing Address 2360 Campbell Creek Richardson, TX 75082 Company Description FireHost is the leader in Secure Cloud Hosting and delivers web hosting solutions to eCommerce, SaaS, healthcare IT and security companies around the world. Based out of Dallas, TX, we specialize in protecting websites with compliance … Continue reading “FireHost Lands $10,000,000 Series B Financing”
Clearwire Takes Another Step Toward LTE While Investor Search Continues
Broadband provider Clearwire (NASDAQ: [[ticker:CLWR]]) is working with a major Chinese company to encourage development of devices for a new fourth-generation wireless network, even as the Kirkland, WA company continues looking for investors to bankroll its expansion. Clearwire is collaborating with China Mobile to develop common technical specifications for makers of networking gear and mobile devices, … Continue reading “Clearwire Takes Another Step Toward LTE While Investor Search Continues”
New Angel Alliance Aims to Keep Startups Out of Venture Capital’s Clutches Longer
[Updated 5:15 pm PT with fresh quotes from Richard Sudek, see below] Regional angel investing groups in Southern California, Northern California, and New York say they’re banding together in an effort to lengthen the financial runway for early-stage startups before their founders are forced to turn to venture capital firms. Tech Coast Angels, based in … Continue reading “New Angel Alliance Aims to Keep Startups Out of Venture Capital’s Clutches Longer”
Pier 38 Drama Isn’t Over Yet
[Updated 3:20 pm PT with comments from Jason Wong, see page 2] Entrepreneurs trying to prevent the eviction of more than 20 tech startups at San Francisco’s Pier 38 haven’t yet won a reprieve, but they’ve won a meeting with Mayor Ed Lee. Jason Wong, CEO of San Francisco-based software consultancy i5Labs and leader of … Continue reading “Pier 38 Drama Isn’t Over Yet”
California Dreamin’: TalkTo, Tasted Menu, Bluefin Robotics, and Burst Media Make Bicoastal Noise
[Updated 9/20/11. See below] The Silicon Valley vs. Boston tech scene discussion is a tired one, I know. But today we’ve seen a number of Boston-area companies make a splash with some significance to the San Francisco Bay Area. Here we go with the highlights: —Burst Media, the Burlington, MA-based online ad distributor now owned … Continue reading “California Dreamin’: TalkTo, Tasted Menu, Bluefin Robotics, and Burst Media Make Bicoastal Noise”
Fab.com’s Daily Deals Brings Designer Wares Picked by Fast Company to the Masses
When Fast Company sought a way to showcase 76 products made in the United States, the magazine turned to New York’s Fab.com, a flash sales site for design. Fab created online pop-up shops unveiled today on its existing website to sell items featured in Fast Company‘s U.S. Design app, also debuting today, for the iPad. … Continue reading “Fab.com’s Daily Deals Brings Designer Wares Picked by Fast Company to the Masses”