Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1b809a73-2dbe-448b-89d2-6b605e477bed&Preview=1 Date 8/5/2011 Company Name Company Mailing Address Undisclosed New York, NY 11019 Company Description COMPANY is a curated secondary art market and community, for collectors, by collectors™. We provide a venue for collectors of Emerging Art to discover the next great artist and the tools to acquire and sell your art. … Continue reading “Company Obtains $1,600,000 New Financing”
Novogy Lands $1,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3dabee94-c3ff-4e78-8161-7018fc7e257b&Preview=1 Date 8/5/2011 Company Name Novogy Mailing Address 85 Bolton Street Cambridge, MA 02138 Company Description The company is developing cellulosic fuel technologies and is focused on waste-paper sludge as a feedstock. Website http://www.novogyinc.com Transaction Type Debt Transaction Amount $1,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. Amount may … Continue reading “Novogy Lands $1,500,000 New Financing”
HTC Acquires Dashwire for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6849f6a1-34c6-4c5b-8ebd-5203d8c345e0&Preview=1 Date 8/5/2011 Company Name Dashwire Mailing Address 936 N. 34th Street Seattle, WA 98103 Company Description Dashwire seamlessly integrates your mobile phone and the world it captures with your computer and the web, helping you access and share your mobile experiences – no cables required. Website http://www.dashwire.com Transaction Type M&A Transaction … Continue reading “HTC Acquires Dashwire for Undisclosed Sum”
Gild Secures $2,400,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a6f6257d-134f-4fb6-b495-3ea7db62d0e0&Preview=1 Date 8/5/2011 Company Name Gild Mailing Address 660 Third Street San Francisco, CA 94107 Company Description Gild exists to map the world’s talent. By doing so, we are enabling students and professionals to earn opportunities based on merit. Website http://www.gild.com Transaction Type Venture Equity Transaction Amount $2,400,000 Transaction Round Undisclosed Proceeds … Continue reading “Gild Secures $2,400,000 New Financing”
Amylin & Takeda Halt Obesity Drug Development
[Updated 8/4/11, 6:55 pm. See below.] San Diego’s Amylin Pharmaceuticals (NASDAQ: [[ticker:AMLN]]) and Japan’s Takeda Pharmaceutical threw in the towel today, saying they are discontinuing development of pramlintide/metreleptin for the treatment of obesity. [Updated 8/4/11, 6:55 pm to clarify explanation] Observers feared something like this might happen in March, when Takeda and Amylin suspended a … Continue reading “Amylin & Takeda Halt Obesity Drug Development”
PacBio Hits Goal in Debut Quarter With New DNA Sequencer, Stock Tanks Anyway
[Updated: 8:15 am PT] Pacific Biosciences’ investors could have been excused for chewing on their pencils, waiting for more bad news at the end of a horrible day for stocks. But that would have been overdoing it, as the Menlo Park, CA-based company met expectations in its maiden quarter with its new DNA sequencing instrument. … Continue reading “PacBio Hits Goal in Debut Quarter With New DNA Sequencer, Stock Tanks Anyway”
Kinvey Closes $2M for Mobile Apps Backend
Kinvey, a mobile software startup (originally from Texas) that recently graduated from the TechStars Boston accelerator program, said today it has completed a $2 million seed financing round that was led by Atlas Venture. Avalon Ventures also participated in the round, along with Boston-area angel investors including Chris Lynch, Mike Baker, Jennifer Lum, Ty Danco, … Continue reading “Kinvey Closes $2M for Mobile Apps Backend”
Microsoft’s Peter Lee on Kinect: Science & Technology Discovery Series
Peter Lee, a distinguished scientist at Microsoft Research, will be the featured speaker at the Technology Alliance’s Science & Technology Discovery Series breakfast talk on Sept 9. He will talk about motion-sensing technology that gave rise to the Kinect. For more information on how to register, click here.
Complete Genomics Stock Falls on Sales Decline, as Sequencing Gets Cheaper
[Updated: 2:24 pm PT] Complete Genomics picked a bad day to have a bad day. The Mountain View, CA-based company that sequences entire human genomes lost more than one-fourth of its value today after it reported a decline in second-quarter revenue, partly driven by price decreases in its service, and a delay in getting enough … Continue reading “Complete Genomics Stock Falls on Sales Decline, as Sequencing Gets Cheaper”
Detroit Startup H2bid Connects Water Utilities, Vendors Through E-Bidding Service
Perhaps it’s no surprise that the Great Lakes State is home to the world’s largest online clearinghouse for water utility contract opportunities. H2bid.com, believed to be the only Internet business of its kind, connects water utilities with vendors through its cloud-based e-bidding services. The Detroit startup was founded in 2006 by Glenn Oliver, a former … Continue reading “Detroit Startup H2bid Connects Water Utilities, Vendors Through E-Bidding Service”
FDA OKs Changes in Santarus Heart Study
The FDA has agreed to protocol changes in a late stage clinical trial of a new heart drug being developed by San Diego-based Santarus (NASDAQ: [[ticker:SNTS]]) and the Netherlands-based Pharming Group under a special protocol assessment (SPA). The FDA sought modifications to the study of a recombinant human C1 inhibitor (Rhucin) as a treatment for … Continue reading “FDA OKs Changes in Santarus Heart Study”
$6M Sweet Music for TakeLessons
After taking $20,000 as the winner of the San Diego Venture Group’s Pitchfest Biz Plan Competition in December, San Diego-based TakeLessons said it has raised $6 million in venture funding led by San Francisco-based Crosslink Capital. SoftTech VC of Palo Alto, CA, and angel investors joined in the early stage round. Founded in 2006 by … Continue reading “$6M Sweet Music for TakeLessons”
Hipcricket Acquired by Augme for $44.5M to Combine Mobile Marketing Forces
[Updated at 12:15 Pacific with Hipcricket comment] OK, it’s officially M&A week in Seattle. Today we have Kirkland, WA mobile advertising software company Hipcricket being acquired by New York-based Augme Technologies for $44.5 million upfront—$6 million in cash and the balance in Augme stock. The price also could climb by another $27.5 million if Hipcricket … Continue reading “Hipcricket Acquired by Augme for $44.5M to Combine Mobile Marketing Forces”
Vertex Sales Much Bigger Than Expected, Amylin Re-Submits Exenatide, Mini VC Fund Debuts, & More San Diego Life Sciences News
If there’s a common thread in San Diego’s biotech news over the past week, it would be perseverance. If you can persist with our briefing, you’ll see what I mean. —Cambridge, MA-based Vertex, (NASDAQ: [[ticker:VRTX]]), which has a sizable presence in San Diego, said it generated $74.5 million in second-quarter sales of telaprevir (Incivek), its … Continue reading “Vertex Sales Much Bigger Than Expected, Amylin Re-Submits Exenatide, Mini VC Fund Debuts, & More San Diego Life Sciences News”
TokBox Works to Break Video Chat Out of Its Siloes, Flank Google+, Facebook
Imagine that “EJ,” the now-Internet-famous San Francisco resident whose home was systematically robbed and vandalized by Airbnb guests, had been able to interview her potential renters beforehand via video chat on Airbnb’s website. She might have picked up on danger signs and avoided the heartache of having her home utterly plundered and her identity stolen. … Continue reading “TokBox Works to Break Video Chat Out of Its Siloes, Flank Google+, Facebook”
$10M for Get Satisfaction
Get Satisfaction, the San Francisco startup whose software lets companies host communities of users who can respond to each others’ support requests, announced on its blog yesterday that it has collected $10 million in a Series B financing round. InterWest Partners led the round, and InterWest partner Bruce Cleveland has joined the company’s board. The … Continue reading “$10M for Get Satisfaction”
Company Art Market Raises $1.6 Million
New York’s Company, an online art market, said in a press release Wednesday it raised $1.6 million in seed funding. The website lets art collectors sell and exchange pieces from their own collections. Investors in five-month-old Company include Ten Paces Capital Partners and the Reen Family Office. Company also runs networking events and has a reality television … Continue reading “Company Art Market Raises $1.6 Million”
Kixeye Scores $18M
Kixeye, the San Francisco game studio behind the Facebook games Backyard Monster and Battle Pirates, said it has raised $18 million in a Series C financing round. Jafco Ventures was in the lead, and was joined by existing investors Trinity Ventures and Lightspeed Venture Partners. Jafco managing general partner Joe Horowitz has joined Kixeye’s board, … Continue reading “Kixeye Scores $18M”
$41M for Restoration Robotics’ Hair Transplant Robot
Mountain View, CA-based Restoration Robotics said yesterday (PDF) that it has raised $41 million in a Series C financing round. Clarus Ventures led the round, which was joined by existing investors Sutter Hill Ventures, Alloy Ventures, and Interwest Partners. The company is developing a computer-guided system that helps harvest healthy hair follicles for transplantation.
iHT2 Health IT Summit
This two-day conference will bring together more than 200 CIOs and IT directors from hospitals, health systems, and physician practices. The agenda will cover a range of topics, from telehealth to mobile technology to patient engagement. Featured speakers include Mike McCallister, CEO of Humana, and Todd Park, CTO of the U.S. Dept. of Health and Human … Continue reading “iHT2 Health IT Summit”
LocalResponse Buys Philo Media
New York-based LocalResponse announced that it has purchased Philo Media. LocalResponse sells a technology platform that allows companies to translate “check-ins” on sites such as Twitter into marketing opportunities. Philo offers a way for entertainment companies to advertise to consumers via social media. The financial terms of the merger were not disclosed.
Xconomist of the Week: Five Questions About Life Sciences Investing for Dennis Purcell of Aisling Capital
Dennis Purcell is the senior managing partner of New York-based Aisling Capital, one of the top venture capital firms in the life sciences industry, with $1.65 billion under management. In 2009, Aisling closed its third fund, worth $650 million. Aisling Capital’s first fund started up in 2002 with the goal of supporting startups across the … Continue reading “Xconomist of the Week: Five Questions About Life Sciences Investing for Dennis Purcell of Aisling Capital”
GI Dynamics and Exa File for IPOs in Weight Loss Devices, Automotive Software
The IPO market seems to be heating up around the country, but will Boston get left behind? A couple of local companies are trying to do their part, joining the likes of Kayak, Carbonite, and others that have filed papers to go public. The latest ones are GI Dynamics, a medical device maker targeting obesity … Continue reading “GI Dynamics and Exa File for IPOs in Weight Loss Devices, Automotive Software”
Stéphane Bancel, Former bioMérieux CEO, Talks Future of Startups, Diagnostics, Pharma
Amid all the comings and goings and CEOs changing jobs in the past week—see Rick Reidy of Progress Software (NASDAQ: [[ticker:PRGS]]), Mara Aspinall of On-Q-ity, and others—one person flew under the radar in Boston. He is Stéphane Bancel, and until last month he was the CEO of bioMérieux, the microbiology and diagnostics firm based in … Continue reading “Stéphane Bancel, Former bioMérieux CEO, Talks Future of Startups, Diagnostics, Pharma”
DynamicOps Secures $4,999,999 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f4022179-ca01-4152-9215-43c003e42bf5&Preview=1 Date 8/4/2011 Company Name DynamicOps Mailing Address One Wall Street Floor 2 Burlington, MA 01803 Company Description DynamicOps solutions transform the way cloud and virtual desktop infrastructure environments are managed so that organizations can quickly respond to and capitalize on market changes. Website http://www.dynamicops.com Transaction Type Venture Equity Transaction Amount $4,999,999 … Continue reading “DynamicOps Secures $4,999,999 New Funding”
Presage Biosciences Secures $1,566,295 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=47fcd65a-43e3-4826-954a-9f57bf3ce58b&Preview=1 Date 8/4/2011 Company Name Presage Biosciences Mailing Address 530 Fairview Avenue North Seattle, WA 98109 Company Description Presage Biosciences was founded in November, 2008 based on technology invented in the laboratory of Dr. James Olson, a pediatric oncologist focused on brain tumors. Frustrated by a lack of tools to identify pre-existing … Continue reading “Presage Biosciences Secures $1,566,295 New Funding”
Rentcycle Garners $1,400,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=12484bb8-6c7e-4918-aeaa-c692f963aa2f&Preview=1 Date 8/4/2011 Company Name Rentcycle Mailing Address 1635 California Street San Francisco, CA 94109 Company Description There’s a movement underway. A movement where access trumps possession. Where experiences are preferred to objects. This movement is built upon sharing and reuse. And it’s changing the way we consume. Website http://www.rentcycle.com Transaction Type … Continue reading “Rentcycle Garners $1,400,000 New Funding”
LocalResponse Acquires Philo Media for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6e65a3b4-3030-40dc-9fe9-f0cea026e6be&Preview=1 Date 8/4/2011 Company Name Philo Media Mailing Address P.O. Box 46 New York, NY 10113 Company Description Philo makes TV social (again) by letting you connect with your friends and watch, chat, score points, and win awards and credits together. You can browse around television shows and see what your friends … Continue reading “LocalResponse Acquires Philo Media for Undisclosed Sum”
Kinvey Lands $2,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2bb95cb9-8a8a-4e55-970d-02ebd86e037e&Preview=1 Date 8/4/2011 Company Name Kinvey Mailing Address One Cambridge Center. 6th Floor Cambridge, MA 02142 Company Description Kinvey (pronounced Kin-vey, like convey) makes it ridiculously easy for developers to setup, use and maintain a cloud backend for their mobile apps. Website http://www.kinvey.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round … Continue reading “Kinvey Lands $2,000,000 New Funding Round”
Fotonauts Garners $2,499,998 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=08427f4a-28f5-4800-beb9-a7439675cd7b&Preview=1 Date 8/4/2011 Company Name Fotonauts Mailing Address 185 Alewife Brook Parkway Cambridge, MA 02138 Company Description Fotopedia is breathing new life into photos by building a photo encyclopedia that lets photographers and photo enthusiasts collaborate and enrich images to be useful for the whole world wide web. Website http://www.fotopedia.com Transaction Type … Continue reading “Fotonauts Garners $2,499,998 Series A Round”
Augme Technologies Acquires HipCricket for $44,500,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6e8ae2f9-9577-49c4-b3f3-95d0d319ff1a&Preview=1 Date 8/4/2011 Company Name HipCricket Mailing Address 11241 Slater Ave NE Kirkland, WA 98033 Company Description HipCricket Inc. specializes in producing interactive mobile marketing campaigns that generate non-traditional revenue for radio, television, and agency clients. The company makes every ad and promotion totally interactive, gives 95% of all cell phone users … Continue reading “Augme Technologies Acquires HipCricket for $44,500,000”
Sibblingz Garners $1,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6eaab3c7-d08d-4371-afa3-b30619511d96&Preview=1 Date 8/4/2011 Company Name Sibblingz Mailing Address Undisclosed Burlinggame, CA 94010 Company Description Sibblingz allows developers to simultaneously create games on Facebook as well as iOS and Android devices, allowing players to continue the same social game as they switch between devices. The platform also offers the developers the ability to … Continue reading “Sibblingz Garners $1,000,000 New Funding”
Kixeye Garners $18,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2f6091a6-9928-4079-a17b-b43c6b62eb43&Preview=1 Date 8/4/2011 Company Name Kixeye Mailing Address 433 California Street San Francisco, CA 94111 Company Description KIXEYE is dedicated to making fun, action-packed games that we’d play even if we didn’t work here. Website http://www.kixeye.com Transaction Type Venture Equity Transaction Amount $18,000,000 Transaction Round Series C Proceeds Purposes The company will … Continue reading “Kixeye Garners $18,000,000 Series C Funding”
Fusion-io Acquires IO Turbine for $95,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d37b455-205e-474a-8e5f-932b584e73a5&Preview=1 Date 8/4/2011 Company Name IO Turbine Mailing Address 3031 Tisch Way San Jose, CA 95128 Company Description Our approach makes the most of Flash storage to transparently and significantly accelerate virtualized application performance while lowering costs, complexity and providing outstanding ROI – without sacrificing the benefits that virtualization provides. Website http://www.ioturbine.com … Continue reading “Fusion-io Acquires IO Turbine for $95,000,000”
Quirky Obtains $16,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0d476eb8-3cb6-4615-b592-a51c84f2f354&Preview=1 Date 8/4/2011 Company Name Quirky Mailing Address 628 Broadway 3rd Floor New York, NY 10012 Company Description Quirky is rapidly changing the way people think about product development by using a unique method to harness the power of creativity. Website http://www.quirky.com Transaction Type Venture Equity Transaction Amount $16,000,000 Transaction Round Series … Continue reading “Quirky Obtains $16,000,000 Series B Funding”
PivotLink Secures $8,085,068 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b181080b-5466-4b99-9a6d-abadbf8c4d1a&Preview=1 Date 8/4/2011 Company Name PivotLink Mailing Address 15325 SE 30th Place Bellevue, WA 98007 Company Description PivotLink is the provider of business intelligence solutions that meet the needs of organizations in a variety of industries. Our PivotLink Solutions and the PivotLink Framework data platform put the full power of business intelligence … Continue reading “PivotLink Secures $8,085,068 New Round”
IDRI Adds Dealmaker
The Seattle-based Infectious Disease Research Institute said today it has hired Erik Iverson, a former associate general counsel for global health at the Bill & Melinda Gates Foundation, to fill a newly-created position of executive vice president of business development and external affairs. Iverson will work to create proprietary programs, and form partnerships, to advance … Continue reading “IDRI Adds Dealmaker”
BrainCells Raises $1M, Moving Ahead Without CEO Schoeneck or CSO Barlow
At this time last year, Luke reported that San Diego’s BrainCells Inc. had acquired the compound sabcomeline from London-based Proximagen, and planned to study the drug as a treatment for depression. Just a couple of months earlier, we reported that BrainCells was at a crossroads after a clinical trial showed that its lead compound for … Continue reading “BrainCells Raises $1M, Moving Ahead Without CEO Schoeneck or CSO Barlow”
Dendreon Takes Huge Hit, Stock Tanks 60% on Sales Shortfall
Dendreon failed to live up to expectations for its new prostate cancer drug, and now it is facing some brutal consequences. The Seattle-based biotech company (NASDAQ: [[ticker:DNDN]]) saw its stock plummet about 60 percent in after-hours trading today after it issued a surprisingly bad second-quarter financial report. The loss, if it holds up in tomorrow’s … Continue reading “Dendreon Takes Huge Hit, Stock Tanks 60% on Sales Shortfall”
Rue La La Opens San Francisco Deals Site
Boston-based Rue La La, the private sale and shopping site, said today it has opened a local deals site in San Francisco called Rue San Francisco. It’s part of a broader effort, called Rue Local, that has rolled out local deals sites for Boston, Philadelphia, Seattle, and (earlier this summer) Washington DC, Los Angeles, and … Continue reading “Rue La La Opens San Francisco Deals Site”
Midweek Roundup: AdXpose & Griptonite Sold, Clearwire Reaches for LTE, Fundraising Tidbits
Online advertising company AdXpose is the latest Seattle-area tech firm to get snapped up by a bigger company, joining forces with comScore (NASDAQ: [[ticker:SCOR]]) in a transaction worth $22 million, mostly in comScore stock. And it sounds like the AdXpose team doesn’t have to sweat layoffs because of the buyout: CTO Greg Harrison tells Brier Dudley … Continue reading “Midweek Roundup: AdXpose & Griptonite Sold, Clearwire Reaches for LTE, Fundraising Tidbits”
Dendreon Misses Street Expectations, Plans Layoffs, Backs Away from Bullish Forecast
Dendreon is now more than a year into the product launch of its new prostate cancer drug, and it fell short of investors’ expectations today in a pretty big way. The company is now backing away from its 2011 sales forecast, and says it plans to cut expenses and make layoffs to cope with the … Continue reading “Dendreon Misses Street Expectations, Plans Layoffs, Backs Away from Bullish Forecast”
San Diego’s Eventful Looks to Put Consumers in Charge, with Backward Glance at eBay
[Corrected 8/8/11, 11:35 am. See below.] Eventful CEO Jordan Glazier likes to describe the San Diego Web-based startup as an “eBay for local events and entertainment,” and there are more than a few similarities. One of them is Glazier himself. Before joining Eventful in 2006, he spent five years as a general manager at the … Continue reading “San Diego’s Eventful Looks to Put Consumers in Charge, with Backward Glance at eBay”
$20M for Leyden Energy
Fremont, CA-based Leyden Energy, which is developing longer-lasting lithium ion batteries for consumer mobile devices, electric vehicles, and energy storage, said today that it has raised $20 million in Series B financing. New investor New Enterprise Associates led the round, which was joined by existing investors Lightspeed Ventures, Sigma Partners, and Walden International. Leyden says … Continue reading “$20M for Leyden Energy”
NanoBio Licenses RSV Vaccine Tech
Ann Arbor, MI-based NanoBio today announced it has licensed an antigen from the National Institutes of Health (NIH) that it says represents a significant step forward in the development of a vaccine for respiratory syncytial virus (RSV). Currently, there are no approved vaccines for RSV, an infection that sends 75,000 to 125,000 infants under 1 … Continue reading “NanoBio Licenses RSV Vaccine Tech”
Union Square Leads Lending Club Round
San Francisco-based Lending Club, which operates an online platform where users can invest in or obtain personal loans, said today that it has itself obtained $25 million in new financing. Union Square Ventures of New York led the round, which was joined by existing investors Morgenthaler Ventures, Norwest Venture Partners, and Canaan Partners. Union Square … Continue reading “Union Square Leads Lending Club Round”
New York Throws Down Silicon Gauntlet at Boston’s Feet at Tech Meetup
A bit of chest-thumping kicked off last night’s NY Tech Meetup, a large gathering of startups grown in New York. Deputy Mayor for Economic Development Robert K. Steel took the stage with Seth Pinsky, president of the New York Economic Development Corp., at the onset to push Applied Sciences NYC—a plan to build up the … Continue reading “New York Throws Down Silicon Gauntlet at Boston’s Feet at Tech Meetup”
$17M for Inkling for iPad Textbooks
Inkling, a San Francisco startup adapting college textbooks for the iPad, said today that it has raised $17 million in Series B financing. Tenaya Capital led the round, which was joined by Jafco Ventures, Pearson Education, and Sequoia Capital. Inkling announced two previous funding rounds of undisclosed size, in August 2010 and March 2011.
M/A-COM Seeks $230M IPO
Lowell, MA-based M/A-COM Technology Solutions indicated in an SEC filing that it seeks to raise $230 million through an initial public offering. The company, which makes wireless chips, is owned by the semiconductor-focused private equity fund GaAs Labs, whose owner John Ocampo bought the firm for around $90 million in 2009. Lead underwriters for the … Continue reading “M/A-COM Seeks $230M IPO”
Emergence Leads Janrain Round
San Mateo, CA-based Emergence Capital, an investment fund focused purely on Software-as-a-Service companies, is the lead investor in a $15.5 million Series B financing round announced today for Janrain of Portland, OR. Existing investors Anthem Venture Partners, DFJ Frontier, RPM Ventures, Tim Draper, founder Larry Drebes, and Square 1 Bank also participated. Janrain makes single … Continue reading “Emergence Leads Janrain Round”