ValueClick Acquires Dotomi for $295,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7383d5e3-a9b3-4ca9-89fe-1e6b60b78466&Preview=1 Date 8/2/2011 Company Name Dotomi Mailing Address 168 N. Clinton St. Chicago, IL 60661 Company Description Dotomi creates a direct relationship between marketers and consumers by opening a one-to-one messaging channel through banner ad real-estate. Dotomi is 100% privacy compliant to enable consumers to rule over the messages they receive from … Continue reading “ValueClick Acquires Dotomi for $295,000,000”

Mr. Number Lands $3,500,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0697889a-e4a7-4a60-adca-ee26d26b1261&Preview=1 Date 8/2/2011 Company Name Mr. Number Mailing Address Undisclosed San Mateo, CA 94401 Company Description Mr. Number develops apps for smartphones that let consumers control who can call them and when. More than two million people use Mr. Number to let friends know when they are free to talk and when … Continue reading “Mr. Number Lands $3,500,000 New Funding”

Erly Secures New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7368f73a-22d0-4c89-a07a-f4e40fc204ac&Preview=1 Date 8/2/2011 Company Name Erly Mailing Address Undisclosed Palo Alto, CA 94301 Company Description The company is developing social technologies. Website http://www.erly.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Kleiner Perkins Caufield & Byers Venture Investor Kleiner … Continue reading “Erly Secures New Funding Round”

Samsung Electronics Acquires Grandis for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=362caa90-1c0f-4bbd-90b8-697a057ef71f&Preview=1 Date 8/2/2011 Company Name Grandis Mailing Address 1123 Cadillac Court Milpitas, CA 95035 Company Description Grandis is the pioneer in developing and licensing innovative non-volatile memory solutions derived from cutting-edge research in spintronics. Its mission is to enable revolutionary products through application of the electron’s spin to store, manipulate and transmit … Continue reading “Samsung Electronics Acquires Grandis for Undisclosed Sum”

Zipmark Secures $2,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cba217a7-3ff4-4f01-a0bc-094c3fdc5ecd&Preview=1 Date 8/2/2011 Company Name Zipmark Mailing Address 419 Lafayette St New York, NY 10003 Company Description Zipmark is a mobile and online payments company. Zipmark payments work just a like a check but without the paper and the trip to the bank. Website http://www.zipmark.com Transaction Type Venture Equity Transaction Amount $2,000,000 … Continue reading “Zipmark Secures $2,000,000 New Financing Round”

WhaleShark Media Secures New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=83315de8-93a7-414d-b4d1-49724491b2b4&Preview=1 Date 8/2/2011 Company Name WhaleShark Media Mailing Address 301 Congress Avenue Austin, TX 78701 Company Description WhaleShark Media Inc. is the world’s leading marketplace for coupons and deals. The company’s websites connect consumers seeking savings with discounts from more than 100,000 top merchants, stores and retailers. WhaleShark Media welcomes more than … Continue reading “WhaleShark Media Secures New Funding Round”

Breakfast Buzz: NWEN Idol

The Northwest Entrepreneur Network will hold its fourth annual, ever-popular “NWEN Idol” on August 12. Three innovative, growth-oriented companies will pitch their businesses to a panel of investor judges and what NWEN calls its “caffeinated breakfast audience.” Judges will provide constructive feedback on the presentations and businesses, and one lucky contestant will win a ticket … Continue reading “Breakfast Buzz: NWEN Idol”

Driving Healthcare Innovation Through Venturing: Meeting With Merck Global Health

The WBBA is offering the chance to hear from Merck Global Health Innovation (GHI) on August 23. Merck GHI seeks to identify new business models and adjacency opportunities in the healthcare marketplace that may not fit immediately into Merck’s traditional pharmaceutical and vaccine business units. This includes service solutions, products and technology. For more information … Continue reading “Driving Healthcare Innovation Through Venturing: Meeting With Merck Global Health”

iHT2 Health IT Summit

More than 200 CIO’s, VP’s, and Directors of IT from hospitals, health systems, and physician practices will come together on August 15-16 in Seattle for the iHT2 Health IT Summit. For more information on how to register, click here.

MassTLC 2011 Innovation unConference

This famously unorganized event is back for another year. Entrepreneurs, VCs, and other innovators show up and decide which topics they’d like to tackle in small, interactive discussions. Get the details here.

Fallbrook Names President

San Diego’s Fallbrook Technologies, which has been developing a continuously variable transmission, today named Al Kammerer as president, a newly created position. Kammerer, who spent 34 years with the Ford Motor Co., will report to William G. Klehm, Fallbrook’s chairman and CEO. Kammerer, who has been a Fallbrook board member since 2009, will oversee the … Continue reading “Fallbrook Names President”

Detroit Xconomist David Cole Switches Gears with AutoHarvest

David Cole, the former chairman of the Center for Automotive Research, recently announced his new role as co-founder and chairman of AutoHarvest, a nonprofit website that aims to connect the auto industry with the local entrepreneurial ecosystem in order to market and commercialize intellectual property. Once connected, members can build personal and company profiles; participate … Continue reading “Detroit Xconomist David Cole Switches Gears with AutoHarvest”

Smilebox Acquired by IncrediMail for $25M

[Updated at 11:10 am PT] Redmond, WA-based photo software company Smilebox, which lets users turn their photos into electronic greeting cards, scrapbooks, and photo albums, or even physical printouts, is being acquired by Israeli digital media company IncrediMail (NASDAQ: [[ticker:MAIL]]) for $25 million, with the possibility of another $15 million if the acquisition hits performance … Continue reading “Smilebox Acquired by IncrediMail for $25M”

Pathogenetix Nabs $4M

Pathogenetix, a Woburn, MA-based company formerly named U.S. Genomics, has raised $4 million of an equity offering that could total $9.5 million, an SEC filing shows. Last November, the firm, which develops biodefense and diagnostic technologies, raised $900,000 of a debt-based round and $1.3 million in an equity financing—the latter of which was bumped up … Continue reading “Pathogenetix Nabs $4M”

CMEA’s Jain on San Diego’s Innovation Economy, E&Y Reports on IPO Activity, Wildcat Discovery Gets $7.5M, & More San Diego BizTech News

We saw a potpourri of tech news in San Diego last week, which included funding for an emerging cleantech startup, new technology from Tealium, and an acquisition by Qualcomm. Our briefing begins now. —CMEA Capital’s Sumeet Jain offered his perspective on what’s missing, besides capital, from the tech sector of San Diego’s innovation community. Jain, … Continue reading “CMEA’s Jain on San Diego’s Innovation Economy, E&Y Reports on IPO Activity, Wildcat Discovery Gets $7.5M, & More San Diego BizTech News”

Autodesk Buys Instructables; Design Software Giant in Consumer Marketing Push

San Rafael, CA-based Autodesk (NASDAQ: [[ticker:ADSK]]), whose 3D design, graphics, and engineering software is used by more than 10 million design professionals around the world, has just made a small but interesting purchase. It has acquired Instructables, a San Francisco-based community site for DIY enthusiasts started almost six years ago by Squid Labs co-founder Eric … Continue reading “Autodesk Buys Instructables; Design Software Giant in Consumer Marketing Push”

Bedrocket Media, backed by ex-HuffPo chairman, raises $9M

Five-month-old New York startup Bedrocket Media Ventures, a video studio for Web and TV content, raised $9 million and wants to raise another $2.5 million in this round according to a regulatory filing. Bedrocket CEO and co-founder Brian Bedol previously founded television channels Class Sports Network and College Sports Television. Bedrocket co-founder Kenneth Lerer was chairman … Continue reading “Bedrocket Media, backed by ex-HuffPo chairman, raises $9M”

Foresight Biotherapeutics Pulls in $2 Million

Foresight Biotherapeutics, a New York company developing new therapies to treat eye and ear disorders, has raised $2 million, according to an SEC filing. Foresight’s technology platform, called Povidone-Iodine (PVP-I), allows a well-known antiseptic to be formulated in different ways. The company’s lead experimental compound is being tested in a form of conjunctivitis. The company … Continue reading “Foresight Biotherapeutics Pulls in $2 Million”

Merck Submits Ariad Drug to EU

Cambridge, MA-based Ariad Pharmaceuticals (NASDAQ: [[ticker:ARIA]]) said today that its partner, Merck (NYSE: [[ticker:MRK]]) has submitted an application to the European Union for clearance to start selling ridaforolimus as a new treatment for sarcomas. Merck plans to submit its application for FDA approval soon, Ariad said. Data on a pivotal clinical trial for the new … Continue reading “Merck Submits Ariad Drug to EU”

Progress Software Chief Richard Reidy Stepping Down; Successor To Be Named

When Progress Software CEO Richard Reidy told me in December about a “major transition” and a “whole new strategy” for the company, he wasn’t kidding. The transition, it turns out, involves himself. Bedford, MA-based Progress (NASDAQ: [[ticker:PRGS]]) announced today that Reidy will leave the company once a successor is named; a search is under way. … Continue reading “Progress Software Chief Richard Reidy Stepping Down; Successor To Be Named”

Inside WalmartLabs: How the Former Kosmix Team Plans to Help the World’s Largest Retailer Get Social and Mobile

One of the most head-scratching tech headlines of April 2011 was the news that Kosmix, a Mountain View, CA-based startup best known for building a Twitter filtering tool called TweetBeat, had been acquired by Walmart. Yes, that Walmart—the one with 9,000 big-box stores spread across the American heartland. For one thing, Walmart already has a … Continue reading “Inside WalmartLabs: How the Former Kosmix Team Plans to Help the World’s Largest Retailer Get Social and Mobile”

Lot18, Backed by NY and Silicon Valley VCs, Creates Exclusive Wine Club

Wine aficionados can be rather choosy about what they will imbibe. The casual drinker may simply pair any red wine with steak, but New York’s Lot18 wants to serve those with highly discerning tastes. Lot18 is a members-only website that sells wine and gourmet food products that are available in limited supply. Though the website … Continue reading “Lot18, Backed by NY and Silicon Valley VCs, Creates Exclusive Wine Club”

Video Startup 1Minute40Seconds Looks to Help People and Organizations Tell Engaging Stories

Blade Kotelly thinks that any Radio Shack salesman and Steve Jobs are telling the same exact story. Jobs is just better it at. That would be: “Here’s the problem, here’s the product, here’s the call to action,” he says. It all plays into Kotelly’s theory that there are the same few story lines recycled throughout … Continue reading “Video Startup 1Minute40Seconds Looks to Help People and Organizations Tell Engaging Stories”

What I Learned About Healthcare as a Patient: The Delivery System Has Got to Change

You can read all the books and news stories you want on the U.S. healthcare system, and conclude it’s profoundly messed up. But sometimes there’s nothing so enlightening as first-hand experience. I’ve been thinking about how awful U.S. healthcare is the past couple weeks, based on my latest experience as a patient. It’s made me … Continue reading “What I Learned About Healthcare as a Patient: The Delivery System Has Got to Change”

AeroSat Receives $811,947 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3fa2547f-c91e-4a94-b7fe-c9a3f36d92aa&Preview=1 Date 8/1/2011 Company Name AeroSat Mailing Address 62 Route 101A Amherst, NH 03031 Company Description AeroSat Corporation develops, produces and distributes mobile wireless communications solutions to increase the flow of information to and from people on the move, whether on land, on sea, or in the air. From its patented core … Continue reading “AeroSat Receives $811,947 New Funding”

NeoMend Secures $10,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e77a516e-cdff-41ab-a265-fe2a6faa6789&Preview=1 Date 8/1/2011 Company Name NeoMend Mailing Address 60 Technology Drive Irvine, CA 92618 Company Description NeoMend, Inc. is a privately held, clinical stage biomedical device company engaged in the development and commercialization of advanced surgical wound healing products. Website http://www.neomendinc.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round Undisclosed Proceeds … Continue reading “NeoMend Secures $10,000,000 New Funding Round”

Twitter Receives New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ebc2410b-c27b-4964-8321-42a599947bbb&Preview=1 Date 8/1/2011 Company Name Twitter Mailing Address 795 Folsom St. San Francisco, CA 94107 Company Description Twitter provides an instant-broadcast, SMS type Internet service. Website http://www.twitter.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes We will use these resources to aggressively innovate, hire more great people and … Continue reading “Twitter Receives New Financing”

Beacon Endoscopic Garners $8,000,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f9ca2df3-54fc-43a6-80de-dea5688bf899&Preview=1 Date 8/1/2011 Company Name Beacon Endoscopic Mailing Address 2000 Commonwealth Avenue 1st Floor Newton, MA 02466 Company Description Beacon Endoscopic (BE) is a Boston based medical device company innovating in existing interventional endoscopic procedures and developing next generation devices to change the paradigm of surgery. Website http://www.beaconendoscopic.com Transaction Type Venture Equity … Continue reading “Beacon Endoscopic Garners $8,000,000 Series B Financing Round”

IncrediMail Acquires Smilebox for $40,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9ae10f8a-3d91-4c5e-9be8-3a407a5c3bca&Preview=1 Date 8/1/2011 Company Name Smilebox Mailing Address 15809 Bear Creek Parkway Redmond, WA 98052 Company Description Smilebox makes it easy to connect with friends and family in a more creative and compelling way. Unlike existing solutions that focus on organizing, editing and sharing photos or sending pre-packaged greetings, Smilebox enables users … Continue reading “IncrediMail Acquires Smilebox for $40,000,000”

JOYUS Garners $7,900,000 Series A Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0708f0cb-279e-4555-8fbf-33e9445e1bee&Preview=1 Date 8/1/2011 Company Name JOYUS Mailing Address 855 El Camino Real Palo Alto, CA 94301 Company Description Welcome to Joyus, a brand new online shopping experience to help you discover and buy the things you’ll love. Website http://www.joyus.com Transaction Type Venture Equity Transaction Amount $7,900,000 Transaction Round Series A Proceeds Purposes … Continue reading “JOYUS Garners $7,900,000 Series A Financing Round”

Autodesk Acquires Instructables for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ae7eef85-f64b-428c-930c-35a20ecff6c1&Preview=1 Date 8/1/2011 Company Name Instructables Mailing Address 82 2nd St San Francisco, CA 94105 Company Description Instructables is a web-based documentation platform where passionate people share what they do and how they do it, and learn from and collaborate with others. The seeds of Instructables germinated at the MIT Media Lab … Continue reading “Autodesk Acquires Instructables for Undisclosed Sum”

Kimbia Secures $4,000,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7a247b50-b086-460c-b369-d64b4a5767e6&Preview=1 Date 8/1/2011 Company Name Kimbia Mailing Address 1050 E. 11th Street Austin, TX 78702 Company Description In 2007, KIMBIA was created in response to what we saw as a lack of dynamic, flexible and easy-to-use software solutions for cause organizations. We recognized that existing software options imposed technological barriers, high operational … Continue reading “Kimbia Secures $4,000,000 Series B Financing Round”

CloudOne Receives $1,900,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=12308a8b-6f16-4f95-8246-b84b72404d1d&Preview=1 Date 7/31/2011 Company Name CloudOne Mailing Address Undisclosed Chicago, IL 60601 Company Description CloudOne delivers all the benefits of the Rational software development tools you already rely on, with the added value of an elastic, on-demand model. You gain a global collaboration platform to support distributed development for every phase of … Continue reading “CloudOne Receives $1,900,000 New Funding”

NYC Cleantech Opportunities

Discuss cleantech with industry insiders and discover exciting prospects for investment or collaboration at this evening event. The keynote speaker will be Michael H. Gilbert, a consultant at Gerson Lehrman Group who has significant experience working in the energy and environmental sectors, as well as in early-stage cleantech ventures seeking to transition to commercial enterprises. For … Continue reading “NYC Cleantech Opportunities”

Green Healthcare Forum

The opening night of this four-session series will bring together leaders and healthcare professionals to discuss how healthcare facilities in New York City can improve energy efficiency, reduce operating costs, and contribute to a more sustainable environment. Panelists include Susan Gunn, energy efficiency program developer for Con Edison and Jay-E Emmingham, NYSERDA senior Energy $mart … Continue reading “Green Healthcare Forum”

Merck Shuts Down RNAi Research Center in SF, Cutting 50 Jobs

Merck has decided to close down the RNA interference research facility it obtained through its $1.1 billion acquisition five years ago of San Francisco-based Sirna Therapeutics, the company said late today. About 50 jobs are being eliminated, while about 10 people are being offered transfers to other Merck (NYSE: [[ticker:MRK]]) facilities on the East Coast … Continue reading “Merck Shuts Down RNAi Research Center in SF, Cutting 50 Jobs”

GM Puts $7.5M into Sunlogics

Sunlogics, a Rochester Hills, MI-based developer of thin-film photovoltaic arrays for solar energy farms, revealed today (PDF) that it has collected $7.5 million in equity-based financing from Detroit-based General Motors Ventures. GM also committed to buy solar charging canopies for Chevrolet dealerships and other GM facilities, and to purchase power from large-scale solar arrays built … Continue reading “GM Puts $7.5M into Sunlogics”

At 2011’s Midpoint, Three Good Tech Trends and Three Not-So-Good Trends to Watch

Mid-year reports tend to be check-ins or check-ups; and they’re usually not very interesting, analytical, or helpful. The real fireworks often take place at the end of the year, when the 12-month look-back and 12-month look-ahead forecast steals the show—in terms of shedding light, providing perspective, and setting the agenda. Not so in 2011. Here … Continue reading “At 2011’s Midpoint, Three Good Tech Trends and Three Not-So-Good Trends to Watch”

Intermolecular Aims for $200M IPO

San Jose, CA-based Intermolecular, which uses combinatorial chemistry techniques to help clients in the semiconductor industry speed up their research and development, filed S-1 papers with the Securities and Exchange Commission today in preparation for an initial public offering. The seven-year-old company says it hopes to raise $200 million in the offering—perhaps providing some liquidity … Continue reading “Intermolecular Aims for $200M IPO”

Epocrates Rolls Out Electronic Health Records System

San Mateo, CA-based Epocrates, a provider of medical reference apps for mobile devices, has long been working on a full electronic health records system for physicians’ offices. This week the company announced that the “first phase” of its EHR system is available. It’s a Web- and mobile-based system tailored for practices with 10 or fewer … Continue reading “Epocrates Rolls Out Electronic Health Records System”

Oracle Buys Inquira

San Bruno, CA-based Inquira, a maker of call center management software, has been acquired by Oracle, the Redwood Shores, CA-based database giant announced last night. The financial terms of the acquisition weren’t disclosed; Inquira had raised roughly $30 million in venture backing from Investor Growth Capital, Partech International, Sutter Hill Ventures, and Walden International. “The … Continue reading “Oracle Buys Inquira”

Yext Gets $10 Million, Plans to Grow Its Business Listing Platform

New York’s Yext, a business listings company, said Thursday in a press release it raised $10 million in a funding round led by WGI Group. Other investors participating in the round include Sutter Hill Ventures and Institutional Venture Partners. Five-year-old Yext plans to use the funds to grow its PowerListings platform, which lets businesses edit and … Continue reading “Yext Gets $10 Million, Plans to Grow Its Business Listing Platform”

Personalized Medicine: A Search for Tailored Therapeutics

This symposium will cover new technologies being used to profile the causes of human disease, including advances in quantitative proteomics, clinical screening data, and new biotech developments that may make personalized medicine a reality. Speakers include Charles Cantor of Sequenom and Mark Ladanyi of Memorial Sloan-Kettering Cancer Center. Register here.

New York Computer Science and Economics Day 2011

This full-day event will unite researchers in the New York metropolitan area with interests in computer science, economics, marketing and business, and a common interest in developing the economics of the Internet. Speakers include Preston McAfee of Yahoo! Research, David Parkes of Harvard University, and Eva Tardos of Cornell University. Register here.

Cancer Immunotherapy: A Long Awaited Reality

This full-day event will unite researchers, clinicians, business leaders, and key investors for a discussion about the emerging field of cancer immunotherapeutics. Presenting companies include BioSante Pharmaceuticals, Agenus, and Antigen Express. To register, click here.