Complete Genomics (NASDAQ: [[ticker:GNOM]]), the Mountain View, CA-based company that sequences entire human genomes as a service for researchers, said today it will determine the sequences of 1,000 genomes as part of the second phase of an ongoing pediatric cancer study sponsored by the National Cancer Institute. Scientists at SAIC-Frederick will compare samples of tumors, … Continue reading “Complete to Sequence 1,000 Kids’ Genomes”
San Diego’s Awarepoint Raises $27M in Series F—As in Final—Venture Round
San Diego-based Awarepoint, which has developed real-time tracking technology for the healthcare industry, says today it has raised $27 million in a Series F round of financing led by Silicon Valley’s Kleiner Perkins Caufield & Byers. The company says a new investor, San Francisco’s Top Tier Capital Partners, joined in the round, along with existing … Continue reading “San Diego’s Awarepoint Raises $27M in Series F—As in Final—Venture Round”
San Diego’s Genomatica, a Pioneer in Industrial Biotechnology, Files for IPO
San Diego-based Genomatica, an industrial biotech that uses engineered microorganisms to produce high-value chemicals in fermentation tanks, has submitted plans for an initial public offering, according to a regulatory filing today. The underwriters include Morgan Stanley, J.P. Morgan Securities, and Jefferies & Company, and the company hopes to someday trade under the ticker symbol GENO. … Continue reading “San Diego’s Genomatica, a Pioneer in Industrial Biotechnology, Files for IPO”
CityPockets Acquires DealBurner
Consolidation comes to the daily deals arena. New York startup CityPockets said in a blog post Wednesday it acquired instant deals service DealBurner. No financial terms were disclosed. One-year-old CityPockets is a secondary marketplace for reselling daily deals. DealBurner, founded in July, is a text message–based service that aggregates instant deals from such sources as … Continue reading “CityPockets Acquires DealBurner”
Brightcove Seeks $50M IPO
Brightcove, a Cambridge, MA-based digital media and video hosting firm that’s planning a move to Boston, revealed in an SEC filing today that it’s aiming to bring in about $50 million in an initial public offering. The company said that Morgan Stanley and Stifel, Nicolaus & Company will serve as joint book-running managers for the … Continue reading “Brightcove Seeks $50M IPO”
Y Combinator’s Summer 2011 Demo Day: The Definitive Debrief, Part 1
Y Combinator unleashed its latest class of startups on the world yesterday at its summer Demo Day in Mountain View. The famed venture incubator, which provides mentorship, networking, investor access, and a modest cash stipend in return for an equity stake in each company, admitted a record 63 startups this time around. That’s up from … Continue reading “Y Combinator’s Summer 2011 Demo Day: The Definitive Debrief, Part 1”
GlobalOne Lands $25M, Gets New CEO
Software-as-a-service provider GlobalOne in New York said in a press release Wednesday it secured an initial funding commitment of more than $25 million from Columbia Capital. Four-year-old GlobalOne plans to use the funds to expand its services and market coverage. GlobalOne also appointed David Northington as its CEO. He previously served as chief operating officer … Continue reading “GlobalOne Lands $25M, Gets New CEO”
Springpad Announces Facebook Integration for Tracking Friends’ Likes and Accessing Them When You Need Them
Spring Partners CEO and co-founder Jeff Janer has previously referred to his Charlestown, MA-based company’s service as the “anti-Facebook: a place to focus not on your social network but on yourself and all the tasks and information you have to manage.” Today Spring is announcing that Springpad, its online notebook designed to function as a … Continue reading “Springpad Announces Facebook Integration for Tracking Friends’ Likes and Accessing Them When You Need Them”
ToutApp, Back from Silicon Valley, Aims to Make Repetitive E-mails Easier
Fresh from a three-month stint in California, Tawheed Kader, founder and CEO of New York’s ToutApp, is back home to build the ranks of his startup and pursue his next round of funding. Last Wednesday he and the other graduates from this summer’s 500 Startups business accelerator program in Mountain View, CA, showed off their … Continue reading “ToutApp, Back from Silicon Valley, Aims to Make Repetitive E-mails Easier”
Investor Feedback Forum and Pitch Showdown
Ultra Light Startups presents an evening of pitches, followed by tips from a panel of investors and an audience vote for the best startup. Panelists include Gil Beyda, founder and managing partner at Genacast Ventures; Brad Harrison, managing partner at BHV and partner at Point Capital Partners; Edward Reitler, founder at ARC Angel Fund, senior … Continue reading “Investor Feedback Forum and Pitch Showdown”
Confident Technologies Adds New Capabilities to Its Network Security Software
Curtis Staker and Roman Yudkin have been busy in the 16 months since they officially launched Confident Technologies of Solana Beach, CA—using salvaged computer security software originally developed by Portland, OR-based Vidoop. As I explained last year, the suburban San Diego company has developed an alternative to the security protocol that requires an online user … Continue reading “Confident Technologies Adds New Capabilities to Its Network Security Software”
MakerBot Pulls in $10M
MakerBot Industries, a New York-based 3D printing company, raised $10 million, according to the company’s blog. The funding round was led by Foundry Group, with participation from Bezos Expeditions, True Ventures, RRE and a group of angel investors. MakerBot sells a 3D printer called the Thing-O-Matic, along with kits and other accessories designed to make … Continue reading “MakerBot Pulls in $10M”
Inrix’s $37M Led July Equity Deals in WA; Varolii, Lucid Commerce, PayScale, Yapta Follow
Traffic-data company Inrix‘s $37 million investment round easily outpaced all other deals to top July’s $93 million tally of Washington state equity financing deals in technology, cleantech and life sciences, according to data compiled by our partners at CB Insights. Two companies tied for second place with $8 million, while PayScale came in fourth and Yapta’s … Continue reading “Inrix’s $37M Led July Equity Deals in WA; Varolii, Lucid Commerce, PayScale, Yapta Follow”
HubSpot Buys OneForty, Cambridge Diagnostics Startups Nab Funding, Hopper Closes $8M, & More Boston-Area Deals News
This week we’ve seen financing news for a mix of New England IT and life sciences startups. —Massachusetts startups raised $250.5 million across 34 deals in July, down from about $564.7 million the month before. The July drop in funding is a pattern we’ve observed before, thanks to data from our partner CB Insights, provider … Continue reading “HubSpot Buys OneForty, Cambridge Diagnostics Startups Nab Funding, Hopper Closes $8M, & More Boston-Area Deals News”
How Google+ Could Transform Healthcare & Medicine
This post was co-authored by Rich Whalley, an associate at CBT Advisors. What could Google do if it had access to everyone’s health data? You’re probably already thinking a few things: 1. There’s no way I’m giving Google my personal health data. 2. Didn’t Google already try to do this with Google Health? 3. Won’t this … Continue reading “How Google+ Could Transform Healthcare & Medicine”
MC10 Secures $2,350,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8dac302a-caac-4ad1-8095-ab4746a1fe4b&Preview=1 Date 8/24/2011 Company Name MC10 Mailing Address 36 Cameron Avenue Cambridge, MA 02140 Company Description MC10 startup developing stretchable silicon technology developed at the University of Illinois. Website http://www.mc10inc.com Transaction Type Venture Equity Transaction Amount $2,350,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing-amended. M&A Terms … Continue reading “MC10 Secures $2,350,000 New Funding Round”
AwarePoint Lands $27,000,000 Series F Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=68df28ad-a0e5-44a0-b1cd-31fe1c7d6daa&Preview=1 Date 8/24/2011 Company Name AwarePoint Mailing Address 600 W. Broadway San Diego, CA 92101 Company Description In 2002, the founders of Awarepoint recognized that despite the tremendous potential of active RFID technologies to improve operational efficiency in medium and large businesses, there were no solutions on the market that offered good … Continue reading “AwarePoint Lands $27,000,000 Series F Funding”
Druva Receives $12,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d005c0b7-aea7-46f5-95e7-6dada42da123&Preview=1 Date 8/24/2011 Company Name Druva Mailing Address 1585 Agnew Road Santa Clara, CA 95054 Company Description Information is the key asset of any organization. It is the single aim of Druva to provide products which’ll safeguard this information. With Druva’s products, you’ll be able to efficiently store, protect, and manage your … Continue reading “Druva Receives $12,000,000 Series B Financing”
6connect Receives $2,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b86c761c-a1ca-418e-bffe-a1599372cb7e&Preview=1 Date 8/24/2011 Company Name 6connect Mailing Address Undisclosed San Francisco, CA 94104 Company Description The first with a suite of IP Management and DNS/DHCP tools built natively for IPv6, our dual stacked architecture allows tedious manual features on other tools to be completely automated on the 6connect platform. Website http://www.6connect.com Transaction … Continue reading “6connect Receives $2,000,000 Series A Round”
Bleacher Report Secures $22,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=31d9a4c9-f269-4044-90f1-821b192546b0&Preview=1 Date 8/24/2011 Company Name Bleacher Report Mailing Address 609 Mission St. Fourth Floor San Francisco, CA 94105 Company Description Bleacher Report is where the sports bar meets the press box, the place where fan-journalists create and critique high-quality sports analysis. Website http://www.bleacherreport.com Transaction Type Venture Equity Transaction Amount $22,000,000 Transaction Round … Continue reading “Bleacher Report Secures $22,000,000 New Financing Round”
Taptera Lands $2,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b18d67a0-8a9d-47b6-92f7-859072fb3c52&Preview=1 Date 8/24/2011 Company Name Taptera Mailing Address 665 Third Street San Francisco, CA 94107 Company Description Founded in 2011, Taptera builds fast, beautiful, secure off-the-shelf mobile apps for the enterprise. Website http://www.taptera.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Series A Proceeds Purposes Taptera will use the funding to … Continue reading “Taptera Lands $2,000,000 Series A Funding Round”
GlobalOne Lands $25,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=764c3c7b-148f-4bee-b1e1-89cfe408af27&Preview=1 Date 8/24/2011 Company Name GlobalOne Mailing Address 22 Cortlandt Street 16th Floor New York, NY 10007 Company Description GlobalOne is a cloud solution provider providing strategy, implementation, and support services with focus on client management (CRM), cloud computing (development and strategy), and social business. The GlobalOne team brings together individual professionals … Continue reading “GlobalOne Lands $25,000,000 New Round”
Arcanatura Secures New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6809e8b0-cc8a-4274-aa41-834f73684fcf&Preview=1 Date 8/24/2011 Company Name Arcanatura Mailing Address 1084 Shennecossett Road Groton, CT 06340 Company Description We, at Arcanatura, offer innovative solutions for veterinary herbal medicine to help you take care of animals and the environment while promoting sustainable development, all the way. Website http://www.arcanatura.com Transaction Type Venture Equity Transaction Amount Undisclosed … Continue reading “Arcanatura Secures New Financing”
FullContact Receives $1,500,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=228f3783-abc1-45ce-aada-deb5550fddd5&Preview=1 Date 8/24/2011 Company Name FullContact Mailing Address 1621 18th Street Denver, CO 80202 Company Description FullContact provides identity resolution for all of the disparate pieces of contact information out there on the web. We do this by aggregating billions of contact records, all with numerous attributes, including quality, freshness and frequency. … Continue reading “FullContact Receives $1,500,000 Series A Financing”
Foundation Medicine Grabs $10M
Foundation Medicine, a Cambridge, MA-based cancer diagnostics startup, has raised $10 million of a targeted $20.5 million round of equity funding, from one investor, and SEC filing reveals. Last year Foundation announced it had raised the first part of a $25 million Series A financing led by Third Rock Ventures. Earlier this year the startup … Continue reading “Foundation Medicine Grabs $10M”
Venture Financing for MI Firms Down More Than 41 Percent
Venture capital investment in Michigan-based startups is down 41 percent this year compared to 2010, according to a report released yesterday by the Michigan Venture Capital Association (MVCA). Between January and August 2011, Michigan-based startups had raised $72.5 million in VC financing, compared to $123 million for the same period in 2010, and $91 million for … Continue reading “Venture Financing for MI Firms Down More Than 41 Percent”
Xconomy Forum: New York Life Sciences 2031
Mayor Michael Bloomberg and state legislators around the New York City area have anointed life sciences as a key growth industry for the future. But what kind of potential really exists to recruit biotech and pharma entrepreneurs to NYC and surrounding regions-and to keep them here? What will the New York life sciences landscape look … Continue reading “Xconomy Forum: New York Life Sciences 2031”
Flite Is Out to Build a Better Widget For the Internet Ad Industry
By early 2009, Widgetbox was a company on life support. The startup ran a platform that allowed developers to build and distribute small software applications called widgets that could be dropped into consumer or enterprise websites. But the three-year-old San Francisco firm was nearly done in by the triple whammy of the recession (which meant … Continue reading “Flite Is Out to Build a Better Widget For the Internet Ad Industry”
Cartera Commerce Eyes Local Merchants to Drive Card-Linked Loyalty Program Business
Lexington, MA-based Cartera Commerce got started in 2005 under the name Mall Networks, as a provider of online malls where credit card holders and airline frequent flyers could earn rewards for buying goods from a collection of brand name merchants. That was before group buying and the financial crisis of 2008 happened. Both of which … Continue reading “Cartera Commerce Eyes Local Merchants to Drive Card-Linked Loyalty Program Business”
San Diego’s Michael Robertson, MP3tunes, Claim ’99 Percent’ Win in Fight Over Cloud Music
A federal judge in New York has largely rebuffed a request for summary judgment in a copyright infringement case that Capitol Records and its parent EMI Music Group filed in 2007 against MP3tunes, the San Diego-based provider of cloud-based music services. MP3tunes founder Michael Robertson, who previously founded San Diego’s MP3.com (and became a pariah … Continue reading “San Diego’s Michael Robertson, MP3tunes, Claim ’99 Percent’ Win in Fight Over Cloud Music”
EcoSynthetix Raises $100M in TSX IPO
On August 4, Lansing, MI- and Burlington, ON-based renewable chemical company EcoSynthetix announced it had closed its initial public offering priced at $9 per share in Canadian dollars, for proceeds totaling $100.35 million. The common shares trade on the Toronto Stock Exchange under the symbol “ECO.” EcoSynthetix is the inaugural portfolio company of the InvestMichigan! Growth … Continue reading “EcoSynthetix Raises $100M in TSX IPO”
Vivus Adds $45.8M
Vivus (NASDAQ: [[ticker:VVUS]]), the Mountain View, CA-based developer of drugs for obesity and erectile dysfunction, said today it has raised $45.8 million in a stock offering. The company agreed to sell about 6.9 million shares of stock at $6.65 apiece. Funds managed by QVT Financial were the lead investors in the deal, while two other … Continue reading “Vivus Adds $45.8M”
Quanterix Finds $6M
Cambridge, MA-based diagnostics startup Quanterix has inked a $6 million equity investment from nine investors, an SEC filing shows. Members of Bain Capital Ventures, Arch Venture Partners, and Flagship Ventures are listed as Quanterix directors on the filing. Earlier this year Novartis struck a deal to use Quanterix’s technology for diagnosing a neurological disorder.
GSK and Unilever Among Early Adopters of BioLeap’s Technology for Creating New Molecules
Last year, consumer-products giant Unilever had a problem. The company wanted to make a meaningful impact in the ultra-crowded category of anti-aging cosmetics, but to do so, it had to come up with entirely new methods for fighting wrinkles. So it turned to Pennington, NJ-based startup BioLeap, which has developed a technology platform that helps … Continue reading “GSK and Unilever Among Early Adopters of BioLeap’s Technology for Creating New Molecules”
Microsoft, Medify, Evo Media: Your 1-Minute Week in Seattle Tech Headlines
Hewlett-Packard‘s surprise exit from the mobile computing business roiled the tech world last week—and its effects will be wide-ranging for a long time. Here in the Seattle area, the change cements Microsoft (NASDAQ: [[ticker:MSFT]]) as “the vital new underdog” in mobile computing, as Xconomy’s Wade Roush wrote in the latest edition of his weekly column. … Continue reading “Microsoft, Medify, Evo Media: Your 1-Minute Week in Seattle Tech Headlines”
From Estonia to Boston: GrabCAD Looks to Play Big Role in New England’s Tech Future
There’s something about Estonia. Maybe it’s the Skype phenomenon—the Estonian-born company (now part of Microsoft) certainly helped create a strong culture of engineering there. But the Baltic nation of 1.4 million seems to have a greater concentration of engineers and technical talent than almost anyplace else. That’s probably an exaggeration, but at least one recent … Continue reading “From Estonia to Boston: GrabCAD Looks to Play Big Role in New England’s Tech Future”
PayVeris Obtains $1,450,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2827cbbf-aa2a-4bd5-859f-ea254c880863&Preview=1 Date 8/23/2011 Company Name PayVeris Mailing Address 35 Paddock Lane South Glastonbury, CT 06073 Company Description The company operates an online and mobile payment system. Website http://www.payveris.com Transaction Type Venture Equity Transaction Amount $1,450,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor … Continue reading “PayVeris Obtains $1,450,000 New Funding”
reRUBBER Receives $2,800,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7110de52-51b1-4097-baea-103024e3411c&Preview=1 Date 8/23/2011 Company Name reRUBBER Mailing Address 315 S. Sultana Avenue Ontario, CA 91761 Company Description The company recycled rubber tires into rubber, steel and fiber products. Website http://www.rerubber.com Transaction Type Venture Equity Transaction Amount $2,800,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms … Continue reading “reRUBBER Receives $2,800,000 New Round”
PURE Storage Receives $30,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=214b2ab1-8e5f-4970-90aa-7085dba73c74&Preview=1 Date 8/23/2011 Company Name PURE Storage Mailing Address 650 Castro St. Mountain View, CA 94041 Company Description Pure Storage is leveraging flash to change the performance and cost dynamics of enterprise storage. Website http://www.purestorage.com Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round Series C Proceeds Purposes The company plans to … Continue reading “PURE Storage Receives $30,000,000 Series C Financing Round”
Wanova Garners $10,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=52c49c01-df52-404f-87d9-829671177eeb&Preview=1 Date 8/23/2011 Company Name Wanova Mailing Address 560 S. Winchester Ave San Jose, CA 95128 Company Description Wanova provides Distributed Desktop Virtualization solutions that transform how companies manage, support and protect their desktops and laptops. Wanova’s Distributed Desktop Virtualization centralizes control of the desktop infrastructure while optimizing the user experience and … Continue reading “Wanova Garners $10,000,000 Series B Funding Round”
ClearEdge Power Obtains $73,500,000 Series E Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=74d32221-99d8-4633-9162-9a5852e1fdd0&Preview=1 Date 8/23/2011 Company Name ClearEdge Power Mailing Address 920 Thompson Pl. Sunnyvale, CA 94085 Company Description ClearEdge Power is a pioneer and leading provider of ultra-clean and efficient on-site energy generation systems for homes and small businesses. With operations throughout the West Coast of the United States, our company is positioned … Continue reading “ClearEdge Power Obtains $73,500,000 Series E Round”
CloudTrigger Obtains $700,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ce9afb29-7599-4ef4-a823-82b56242dd8c&Preview=1 Date 8/23/2011 Company Name CloudTrigger Mailing Address 760 Garden View Court Encinitas, CA 92024 Company Description CloudTrigger was founded by industry veteran and cloud computing visionary, Lonnie Wills. CloudTrigger is a multi-discipline services firm focusing on Salesforce.com, SaaS (Software as a Service) and Cloud Computing technologies to help organizations of all … Continue reading “CloudTrigger Obtains $700,000 New Financing Round”
Inogen Secures $6,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6d4fd0e2-b713-4bda-bd1b-a640810c9464&Preview=1 Date 8/23/2011 Company Name Inogen Mailing Address 326 Bollay Drive Goleta, CA 93117 Company Description Inogen was founded in 2001 to develop products that improve quality of life and increase freedom and mobility for respiratory disease sufferers, predominantly Chronic Obstructive Pulmonary Disease (COPD) patients. Website http://www.inogen.net Transaction Type Debt Transaction Amount … Continue reading “Inogen Secures $6,000,000 New Round”
MakerBot Obtains $10,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2016b906-56d4-4c10-a678-6b146f9605ff&Preview=1 Date 8/23/2011 Company Name MakerBot Mailing Address Undisclosed Brooklyn, NY 11237 Company Description MakerBot Industries is a rapidly growing, Brooklyn-based startup that designs and manufactures low cost 3D printers. We make machines that make things! Website http://www.makerbot.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round Undisclosed Proceeds Purposes The company … Continue reading “MakerBot Obtains $10,000,000 New Financing Round”
Moat Lands $1,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8cc28a0a-0f95-453c-938f-d71776710e55&Preview=1 Date 8/23/2011 Company Name Moat Mailing Address 228 Park Ave South New York, NY 10003 Company Description Moat has a proxy for attention. It can generate a heat map of where people hover their mouse over an ad, and where they click as well. A date Moat offers these heatmap analytics … Continue reading “Moat Lands $1,500,000 New Financing”
Mirna Therapeutics Secures $1,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=43092bbe-ecdf-48e8-b788-86d608b14394&Preview=1 Date 8/23/2011 Company Name Mirna Therapeutics Mailing Address 2150 Woodward St. Austin, TX 78744 Company Description Mirna Therapeutics, Inc., traces its lineage back to Ambion, Inc., a privately held company that offered research reagents for RNA analysis. It was at Ambion where Mirna’s miRNA therapeutic research and development program began in … Continue reading “Mirna Therapeutics Secures $1,500,000 New Financing”
SaaS Deals Get Top Valuations, Del Mar DataTrac Sold, Qualcomm Introducing a Pet Tracker, & More San Diego BizTech News
The climate for software deal-making improved during the second quarter, especially for cloud-based companies offering Software-as-a-Service. We’ve got the rundown on that, as well as a new software deal to be counted in the next quarter. —San Diego’s Software Equity Group counted 397 buyouts and mergers in the software sector with a cumulative value of … Continue reading “SaaS Deals Get Top Valuations, Del Mar DataTrac Sold, Qualcomm Introducing a Pet Tracker, & More San Diego BizTech News”
Xconomy Forum: Computing in the Age of the $1,000 Genome
An incredible innovation story has been unfolding in the world of gene sequencing, which is giving rise to one of today’s grand challenges of computing. New DNA sequencing tools are improving at such a rapid pace that scientists say it will soon be possible to generate the 3-billion-letter signature of an individual’s DNA for $1,000, … Continue reading “Xconomy Forum: Computing in the Age of the $1,000 Genome”
Motricity CEO Wuerch Out
Ryan Wuerch is out as CEO of Motricity (NASDAQ: [[ticker:MOTR]]) and is no longer on the board, the company announced today. Motricity said Wuerch’s termination was “mutually agreed,” but it gave no reason for the change. President and chief operating officer Jim Smith was named interim CEO, and is being considered for the permanent position … Continue reading “Motricity CEO Wuerch Out”
Laser Maker nLight Adds $17.5M, Mulls IPO
Semiconductor laser manufacturer nLight Corp. is heading toward a possible public stock offering after completing a $17.5 million round of venture financing from existing investors. In an interview with VentureWire, chief financial officer Dave Schaezler said nLight is “at a size where it makes sense to plan for an IPO,” although the Vancouver, WA-based company doesn’t … Continue reading “Laser Maker nLight Adds $17.5M, Mulls IPO”