Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cf0548f9-5349-4895-9d01-7652993ed3b2&Preview=1 Date 8/17/2011 Company Name Centrify Mailing Address 785 N. Mary Avenue Sunnyvale, CA 94085 Company Description Centrify delivers secure access control and centralized identity management by seamlessly integrating UNIX, Linux, Mac, J2EE and web platforms with Microsoft Active Directory. Website http://www.centrify.com Transaction Type Venture Equity Transaction Amount $16,000,000 Transaction Round Series … Continue reading “Centrify Secures $16,000,000 Series D Funding Round”
Talk Market Obtains $521,773 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=203ec93a-0f51-4823-bc4a-6d7aed42efe9&Preview=1 Date 8/17/2011 Company Name Talk Market Mailing Address 1255 Park Avenue New York, NY 10029 Company Description Submit Talk Market is a television shopping channel hosted by you! Anyone with a product to sell can upload a video featuring their product and be a part of our unique and entertaining marketplace. … Continue reading “Talk Market Obtains $521,773 New Round”
Umami Obtains $1,650,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0615f644-6856-4e0c-ac1e-75bd0948973c&Preview=1 Date 8/17/2011 Company Name Umami Mailing Address 347 West 36th Street New York, NY 10018 Company Description Umami (www.umami.tv) develops products that enhance the consumer TV viewing experience, while dramatically simplifying the creation of these experiences for networks and advertisers. The company, led by digital media veterans from TV Guide, Comcast, … Continue reading “Umami Obtains $1,650,000 New Round”
ShowMe Obtains $800,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=41e922fa-1be7-45fa-8898-fc260b711f64&Preview=1 Date 8/17/2011 Company Name ShowMe Mailing Address Undisclosed New York, NY 10001 Company Description ShowMe is a global learning community – a place where anyone can learn or teach anything. Website http://www.showme.com Transaction Type Venture Equity Transaction Amount $800,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms … Continue reading “ShowMe Obtains $800,000 New Round”
gDine Receives $500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=812fcd78-ca05-4f34-8d8e-7909b6573953&Preview=1 Date 8/17/2011 Company Name gDine Mailing Address One North LaSalle Street Chicago, IL 60602 Company Description gDine is a one-stop-shop that gives everyone access to group dining reservations at exclusively negotiated rates. Website http://www.gDine.com Transaction Type Venture Equity Transaction Amount $500,000 Transaction Round Undisclosed Proceeds Purposes The angel funds will be … Continue reading “gDine Receives $500,000 New Financing”
Return Path Lands $11,000,002 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b1414dc9-9bd1-4017-9a4d-b854ef8a9180&Preview=1 Date 8/17/2011 Company Name Return Path Mailing Address 304 Park Avenue South 7th floor New York, NY 10010 Company Description Return Path has helped top marketers build relevant relationships with their customers, generating higher response rates and achieving significant returns on investment with their email program. Website http://www.returnpath.net Transaction Type Venture … Continue reading “Return Path Lands $11,000,002 New Funding”
R.R. Donnelley & Sons Company Acquires LibreDigital for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3f196c07-cbb3-4854-9101-6db40db1aa94&Preview=1 Date 8/17/2011 Company Name LibreDigital Mailing Address 1835-B Kramer Lane Austin, TX 78758 Company Description When LibreDigital formed in 1999 to provide publishers with digital warehousing and e-distribution, the web was a place for email, retail, and early content experiments. The term “blog” had just been coined. Social networking was the … Continue reading “R.R. Donnelley & Sons Company Acquires LibreDigital for Undisclosed Sum”
20th Annual Symposium on Molecular Pathology
The 20th Annual Symposium on Clinical Applications in Genomic Medicine, sponsored by Beaumont Health System, is focused on the practices of hematology/oncology, infectious disease, cardiology, internal medicine, and pathology. Click here for details.
Writing A Successful Business Plan
Learn at this event how to write a business plan to help keep your startup on track. Click here for more information.
CeeTox Wins $25.9M Contract From EPA
Kalamazoo, MI-based life sciences company CeeTox announced today that it has been awarded a $25.9 million contract under the U.S. Environmental Protection Agency’s (EPA) ToxCast program to develop alternatives to animal testing for the toxicity of chemicals used in drugs, cosmetics, and personal care products. Rather than testing animals, CeeTox will test products on cells in … Continue reading “CeeTox Wins $25.9M Contract From EPA”
Starting Your Own Business Forum
Ann Arbor SPARK presents a forum where attendees will learn about the personality traits that impact entrepreneurialism, create a marketing plan for their business, and learn about legal, accounting, franchising, business plan, and financing options. One-on-one counseling with business experts available. To learn more, click here.
2011 Michigan Green Chemistry & Engineering Conference
This conference about sustainable growth is geared towards researchers, chemists, engineers, industry CEOs, students, educators, entrepreneurs, and policymakers interested in sharing ideas. Experts in technology, chemistry, engineering, and economic development will be on hand to discuss current and future trends. For details, click here.
Seattle Children’s Gets $2.3M from Gates
Seattle Children’s Hospital said today it has received a two-year, $2.3 million grant from the Bill & Melinda Gates Foundation to continue development of its low-cost ventilator for premature infants that need help in order to breathe. More than 1 million infants die every year because of inadequate lung function, and the Children’s device aims … Continue reading “Seattle Children’s Gets $2.3M from Gates”
Kineta Adds $2.8M Grant
Seattle-based Kineta, the developer of drugs for immune disorders, said it has received a $2.8 million grant from the National Institutes of Health. The grant will support Kineta’s work on a new class of antiviral drugs that trigger the innate immune system to fight various viruses like hepatitis C, influenza, and West Nile. The company … Continue reading “Kineta Adds $2.8M Grant”
Zulily, OpsCode, Clearwire: Your 1-Minute Weekly Roundup of Seattle Tech Headlines
One of Seattle’s hotter tech startups, Zulily, has been operating fairly under the radar in recent months, even as competitors in the daily deals/private sales sector court tons of publicity. That modesty ebbed a bit last week, when Zulily announced that it had raised $43 million in venture financing to help fuel its growth in … Continue reading “Zulily, OpsCode, Clearwire: Your 1-Minute Weekly Roundup of Seattle Tech Headlines”
BuyWithMe Picks Up Scoop St.
BuyWithMe, the group buying site with headquarters in Boston and New York, said today that is has acquired Scoop St., a group buying site focused closely on New York local deals. No financial terms were disclosed. BuyWithMe offers will be available to Scoop St. immediately, and come September 12, Scoop St. will no longer be … Continue reading “BuyWithMe Picks Up Scoop St.”
Ahead of Schedule, UM Venture Accelerator Brings in Three New Startups
The University of Michigan’s Venture Accelerator, a startup incubator launched in January, announced last week that it’s now home to three new companies. This boosts the accelerator’s total number of startups to eight, which makes the incubator six to twelve months ahead of schedule for filling the space, according to Jim O’Connell, the director of … Continue reading “Ahead of Schedule, UM Venture Accelerator Brings in Three New Startups”
Fynanz Raises $2M
New York-based Fynanz has raised $2 million in debt and securities, according to an SEC filing. Fynanz provides Web-based student lending networks and tools. The company previous raised $6.5 million in a Series A, from Brazos Group, DFJ Gotham, Draper Fisher Jurvetson, and Zelkova Ventures.
Major League Gaming Raises $3M in Debt
New York-based Major League Gaming has raised $3.1 million in debt and rights, as part of a funding round that could reach $4.9 million, according to an SEC filing. Major League Gaming is the largest league of professional video game players in the world. The company’s previous investors include Legion Enterprises, Oak Investment Partners, and … Continue reading “Major League Gaming Raises $3M in Debt”
Computing in the Age of the $1000 Genome: Xconomy to Convene Next Big SF Event Oct. 24
An amazing innovation story has been unfolding the past few years in the field of gene sequencing, which is creating one of today’s biggest computing challenges. 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 … Continue reading “Computing in the Age of the $1000 Genome: Xconomy to Convene Next Big SF Event Oct. 24”
Nebula, Incubators, Bubbles: The 1-Minute Version of Last Week’s Bay Area BizTech News
The Google-Motorola bombshell on Monday shifted the timeline, pushing our roundup of last week’s news to today (Tuesday). —I profiled Nebula, a Palo Alto startup adapting open-source cloud computing technology from NASA to build an enterprise cloud appliance—a device that helps companies with large data centers set up private clouds similar to Amazon’s Elastic Compute … Continue reading “Nebula, Incubators, Bubbles: The 1-Minute Version of Last Week’s Bay Area BizTech News”
AccuVein Wows Investors With Device That Prevents Extra Needle Sticks
Virtually everyone who’s ever had a blood test has experienced this nightmare at least once: Prick, no vein, prick, still no vein, prick … those are all the extra needle sticks that happen when a nurse or other medical professional can’t find a vein to draw blood or insert an IV. The desire to prevent … Continue reading “AccuVein Wows Investors With Device That Prevents Extra Needle Sticks”
Get Big, Get Small, Get Lucky: Why EVO Media Was Ready When Opportunity Came Calling
When the customer that would transform their business came calling, the entrepreneurs behind Seattle’s EVO Media Group weren’t exactly flying high. After a $1.5 million fundraising round and a period of rapid hiring, the three-year-old startup was confronting an intractably slow economy and a target market that wasn’t generating enough sales. EVO was forced to … Continue reading “Get Big, Get Small, Get Lucky: Why EVO Media Was Ready When Opportunity Came Calling”
Innovate or Conserve Cash? The Growing Dilemma for Biotech Firms
There’s no doubt that managing a biotech company is an enduring challenge, even during less tumultuous economic times. Now, entrepreneurs are contending with resources that are incredibly tight, an economy that is unsettled, a stock market on a roller-coaster ride, and research and development budgets that are being slashed. The stewardship role entrusted to the … Continue reading “Innovate or Conserve Cash? The Growing Dilemma for Biotech Firms”
MobiFlex, With Rebranding, Tries to Change How Businesses Make Mobile Apps (No Coding)
You can tell a sub-industry has really taken off when you see startups appearing out of nowhere to go after it. I’m talking about mobile apps for businesses. And Wellesley, MA-based MobiFlex, while not quite coming out of nowhere, has emerged on the scene with an interesting approach. The startup, not quite a year old, … Continue reading “MobiFlex, With Rebranding, Tries to Change How Businesses Make Mobile Apps (No Coding)”
Zerto Secures $15,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=20c86303-b7d6-4889-a87a-ea3a649728cd&Preview=1 Date 8/16/2011 Company Name Zerto Mailing Address 930 Winter Street Waltham, MA 02451 Company Description Zerto is the industry’s first hypervisor-based, virtual-aware, replication solution for tier-one applications. It closes a critical gap in cloud and enterprise business continuity and disaster recovery (BC/DR). Website http://www.zerto.com Transaction Type Venture Equity Transaction Amount $15,000,000 … Continue reading “Zerto Secures $15,000,000 Series B Round”
Cedexis Lands $6,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4d4eaaac-42cf-4eb5-ad60-a46b1c839f9e&Preview=1 Date 8/16/2011 Company Name Cedexis Mailing Address 1125 SE Division St Portland, OR 97202 Company Description Founded in 2009, Cedexis is an international startup delivering Cloud Performance as a Service. Website http://www.cedexis.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round Series A Proceeds Purposes The company will use the funding … Continue reading “Cedexis Lands $6,000,000 Series A Funding Round”
Aurora Algae Receives $18,281,864 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ab200077-4c0d-4697-b2d0-6b0f65f0d954&Preview=1 Date 8/16/2011 Company Name Aurora Algae Mailing Address 1301 Harbor Bay Parkway Alameda, CA 94502 Company Description Aurora Algae is an innovative alternative energy company with a revolutionary method of creating bio-diesel. Website http://www.aurorainc.com Transaction Type Venture Equity Transaction Amount $18,281,864 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “Aurora Algae Receives $18,281,864 New Financing Round”
Zoove Lands $15,000,000 Series D Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=22d08c56-2ca3-4fe9-9209-8f00748c9217&Preview=1 Date 8/16/2011 Company Name Zoove Mailing Address 2300 Geng Rd Palo Alto, CA 94303 Company Description Zoove is a technology company that gives brands and media properties the power to deliver information to consumers using a variety of mobile data technologies, such as e-mail, SMS, WAP and MMS without the hassle … Continue reading “Zoove Lands $15,000,000 Series D Financing”
HotSpur Technologies Receives $3,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=58ade997-f0d9-42cf-be74-b7669f7f5b68&Preview=1 Date 8/16/2011 Company Name HotSpur Technologies Mailing Address 880 Maude Ave. Mountain View, CA 94043 Company Description Hotspur Technologies is a leading developer of catheter-based technologies aimed at restoring blood flow for patients with obstructed vessels. The company’s products are based on unique and groundbreaking technology that opens blood vessels more … Continue reading “HotSpur Technologies Receives $3,500,000 New Financing”
Skillshare Garners $3,100,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a015a48-b7f6-4cfd-bd7c-151cbd36e816&Preview=1 Date 8/16/2011 Company Name Skillshare Mailing Address 284 Mott St. New York, NY 10012 Company Description Skillshare is a community marketplace to learn anything from anyone. We believe that everyone has valuable skills and knowledge to teach and the curiosity to keep learning new things. This means our neighborhoods, communities and … Continue reading “Skillshare Garners $3,100,000 New Funding”
Major League Gaming Lands $3,083,328 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=42075146-200a-45c4-9605-c9fb6edbc552&Preview=1 Date 8/16/2011 Company Name Major League Gaming Mailing Address 420 Lexington Ave New York, NY 10170 Company Description Major League Gaming (MLG) is the largest organized league and international sanctioning body for the world’s fastest growing competitive sport: professional video gaming. Website http://www.mlgpro.com Transaction Type Debt Transaction Amount $3,083,328 Transaction Round … Continue reading “Major League Gaming Lands $3,083,328 New Financing”
Nukona Receives New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c1584080-eb54-4cbd-9480-dd64e8f3e600&Preview=1 Date 8/16/2011 Company Name Nukona Mailing Address 535 N Highway 101 Solana Beach, CA 92075 Company Description At Nukona we agree, but also believe that the impact of the new generation of consumer- oriented, app-centric devices is driving a fundamental change to the way people work. Website http://www.nukona.com Transaction Type Venture … Continue reading “Nukona Receives New Funding”
OpenLogic Obtains $2,000,000 Series D Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=df81598f-eda3-41f8-89cf-1f81702161fa&Preview=1 Date 8/16/2011 Company Name OpenLogic Mailing Address 10901 W 120th Ave Broomfield, CO 80021 Company Description OpenLogic provides of software and services that enable development and IT organizations to easily create and manage their own integrated, commercial-grade Open Source development and deployment environments. Website http://www.openlogic.com Transaction Type Venture Equity Transaction Amount … Continue reading “OpenLogic Obtains $2,000,000 Series D Funding”
Socialware Garners $7,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4e1e3af3-6a6f-4116-a733-e34275fd647d&Preview=1 Date 8/16/2011 Company Name Socialware Mailing Address 6500 River Place Blvd Building V Austin, TX 78730 Company Description Socialware bridges the gap between the enterprise and social networks to transform the way that companies and their employees engage, connect and communicate with clients, partners and one another. Our solutions allow companies … Continue reading “Socialware Garners $7,000,000 Series C Funding Round”
Pleasanton’s Ellie Mae Buys San Diego’s Del Mar DataTrac for $25.2M
Pleasanton, CA-based Ellie Mae (NYSE Amex: [[ticker:ELLI]]), which provides software used by mortgage lenders to underwrite home loans and related transactions, says today it has acquired Del Mar DataTrac, a privately held competitor in San Diego. In a statement, Ellie Mae says it agreed to pay $17.2 million at closing, with another $8 million in … Continue reading “Pleasanton’s Ellie Mae Buys San Diego’s Del Mar DataTrac for $25.2M”
PeerTransfer Nabs $7.5M for Tuition Payment Processing Tech
Boston-based PeerTransfer, a developer of technology for more cheaply and efficiently processing college tuition payments from international students, has inked a deal itself. The startup announced today that it has completed a $7.5 million Series A financing, led by Spark Capital, and which included Accel Partners, Maveron, and Boston Seed Capital. The new cash will … Continue reading “PeerTransfer Nabs $7.5M for Tuition Payment Processing Tech”
Qualcomm’s Snaptracs—Not SnapTrack—Offers New Pet Tracking Technology to Consumers
San Diego-based Qualcomm (NASDAQ: [[ticker:QCOM]]) has focused most of its business and resources on commercial customers who install the company’s wireless chips and related technologies in a host of cell phones, mobile devices, networking equipment, and other products. But today, a year-old Qualcomm subsidiary called Snaptracs is unveiling a new product for consumers—a lightweight tracking … Continue reading “Qualcomm’s Snaptracs—Not SnapTrack—Offers New Pet Tracking Technology to Consumers”
Metabolic Solutions Raises Another $6.8M
Kalamazoo, MI-based Metabolic Solutions Development, a developer of drugs to treat Type 2 diabetes, raised another $6.8 million in equity-based financing, according to a July 29 filing with the Securities and Exchange Commission. Twenty-three investors participated in the sale. Most of the financing is being used for expenses related to converting the company to an … Continue reading “Metabolic Solutions Raises Another $6.8M”
AVI Starts Duchenne Trial
Bothell, WA-based AVI Biopharma (NASDAQ: [[ticker:AVII]]) said today it has started dosing patients in a mid-stage trial of eteplirsen, an experimental RNA-based therapy for Duchenne Muscular Dystrophy. The study is expected to enroll 12 patients at Nationwide Children’s Hospital in Columbus, OH. Patients will get once-weekly intravenous infusions of the new drug, or a placebo, … Continue reading “AVI Starts Duchenne Trial”
Evergreen Solar Seeks Bankruptcy Protection, Slices Another 65 Jobs, Suspends MI Plant
The Evergreen Solar story keeps getting worse. The Marlboro, MA-based solar technology company revealed today that it is filing for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court in Delaware. The court documents were not available online today, but other media outlets have reported that Evergreen (NASDAQ: [[ticker:ESLR]]), with assets of $424.5 million, owed its roughly … Continue reading “Evergreen Solar Seeks Bankruptcy Protection, Slices Another 65 Jobs, Suspends MI Plant”
Evolutionary Road: From Invention to Exit in Medical Devices
This afternoon event will feature three panels of experts discussing key challenges for medical-device startups, as well as networking opportunities with venture capitalists, angels, and executives from major life sciences companies. Speakers include Martin Leon, director of the Center for Interventional Vascular Therapy at Columbia University Medical Center/New York-Presbyterian Hospital (keynote), Orin Hershkowitz of Columbia … Continue reading “Evolutionary Road: From Invention to Exit in Medical Devices”
WTIA’s TechPAC Fundraiser
Lawmakers and technology industry leaders mix at this second-annual benefit for the WTIA’s TechPAC, a state political action committee. Includes remarks from Democratic U.S. Rep. Adam Smith, of Washington’s 9th District. Tickets are $25, with proceeds going to TechPAC. Details and registration here.
Google and Motorola: It’s the Phones, Stupid
At Google Ventures’ summer barbeque in the Googleplex parking lot a couple of weeks ago, I was talking with an engineer from the Android team. I confessed to him that I’m an iPhone/iPad user. But I also said that because I write a lot about Android and mobile apps in general, I feel like I … Continue reading “Google and Motorola: It’s the Phones, Stupid”
Exploring Ethics and The Immortal Life of Henrietta Lacks
The Center for Ethics in Science and Technology has organized nine presentations that focus on the 2010 book, “The Immortal Life of Henrietta Lacks” by Rebecca Skloot. The book chronicles the discovery of the first “immortal” human cell line to be grown successfully outside the body. These cells were isolated from a cervical cancer tumor … Continue reading “Exploring Ethics and The Immortal Life of Henrietta Lacks”
ZeaChem Teams With Chrysler on Ethanol
ZeaChem, the developer of cellulosic ethanol technology, said today it has agreed on a memorandum of understanding, the first step toward a strategic alliance, with Auburn Hill, MI-based Chrysler Group. Terms of the agreement weren’t disclosed. ZeaChem, which runs an R&D facility in Menlo Park, CA, said one of the goals will be “to strengthen … Continue reading “ZeaChem Teams With Chrysler on Ethanol”
Post-IPO Active Network Shows Profit, SmartDrive Raises $10M, Human Engines Goes Commercial, & More San Diego BizTech News
Software-as-a-service is driving strong growth at two San Diego Web companies, and several other tech companies raised cash last week. We’ve got the highlight reel, and our play-by-play analysis begins now. —After its May 25 IPO, San Diego’s Active Network (NYSE: [[ticker:ACTV]]) reported its first quarterly financial results, showing a $5.5 million profit on $99 … Continue reading “Post-IPO Active Network Shows Profit, SmartDrive Raises $10M, Human Engines Goes Commercial, & More San Diego BizTech News”
Startups: Always Have a Plan B
One of the key distinctions between an entrepreneur and an operating executive is an entrepreneur’s almost seamless agility in the face of changing circumstances versus an operating executive’s intense execution focus on a plan. World-class entrepreneurs learn how to combine both. WTF? Driving home over the mountains from a Coastal Commission hearing, I had time … Continue reading “Startups: Always Have a Plan B”
Ann Arbor SPARK snags $250K in accelerator funding
The U.S. Commerce Department‘s Economic Development Administration last week announced a $250,000 grant award to Ann Arbor SPARK. The funding will support development of a business accelerator model that can be used by communities throughout the U.S. Ann Arbor SPARK’s model will assist emerging businesses with marketing and development plans, as well as commercialization strategies, according to … Continue reading “Ann Arbor SPARK snags $250K in accelerator funding”
Go Try It On Raises $3M in Series A Round, Adds Board Members
New York’s Go Try It On, the developer of a mobile app that lets users ask for opinions on their fashion choices, says in a press release it raised $3 million in a series A round. Investors include Len Blavatnik, Alex Zubillaga, and Index Ventures. Zubillaga and Index Ventures’s Danny Rimmer will join Go Try … Continue reading “Go Try It On Raises $3M in Series A Round, Adds Board Members”