Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ec3d67bd-1025-462d-8d39-c93fef551758&Preview=1 Date 7/19/2011 Company Name Fulcrum Microsystems Mailing Address 26630 Agoura Road Calabasas, CA 91302 Company Description Fulcrum Microsystems Inc. is a fabless semiconductor company. The company pioneered the market for low-latency component interconnects, and is focused on leveraging its innovative clockless semiconductor design technology to field a complete line of standards-based … Continue reading “Intel Acquires Fulcrum Microsystems for Undisclosed Sum”
eCullet Lands $38,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=07c00275-ec2b-4edc-a859-86861e7cc1b2&Preview=1 Date 7/19/2011 Company Name eCullet Mailing Address 600 Hansen Way Palo Alto, CA 94304 Company Description eCullet is a technology-based glass processing company with corporate headquarters in Palo Alto, California. We are a technology developer and glass processor. Our emphasis is to utilize our proprietary state-of-the-art technology and processing systems to … Continue reading “eCullet Lands $38,000,000 New Financing Round”
6waves Acquires Lolapps for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dd05217a-9cfc-403b-a312-f44fb65fcbb9&Preview=1 Date 7/19/2011 Company Name Lolapps Mailing Address 116 New Montgomery Street San Francisco, CA 94105 Company Description Founded in 2008, we took applications to the next level by building the quiz, gift and game creator platforms that provided user-generated, customizable applications. Lolapps is now also one of the fastest growing social … Continue reading “6waves Acquires Lolapps for Undisclosed Sum”
JOOR Obtains $2,250,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0196aefb-9bd1-4703-b844-babbe24a931a&Preview=1 Date 7/19/2011 Company Name JOOR Mailing Address 36 East 23rd Street New York, NY 10010 Company Description The company operates an online wholesale marketplace for contemporary fashion brands and boutiques. Website http://www.jooraccess.com Transaction Type Venture Equity Transaction Amount $2,250,000 Transaction Round Series A Proceeds Purposes The company will use the additional … Continue reading “JOOR Obtains $2,250,000 Series A Round”
iTaggit Receives $300,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0e7edc95-460a-42d1-a0ee-12370a1bb506&Preview=1 Date 7/19/2011 Company Name iTaggit Mailing Address 901 S. Mopac Expwy Austin, TX 78746 Company Description The company provides Web-based designed to help individuals manage their personal assets. Website http://www.itaggit.com Transaction Type Venture Equity Transaction Amount $300,000 Transaction Round Undisclosed Proceeds Purposes The company will use the funding to accelerate its … Continue reading “iTaggit Receives $300,000 New Funding Round”
Nuventix Receives $10,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2532cf52-3939-4ab5-9bc3-fcdc41c64fc8&Preview=1 Date 7/19/2011 Company Name Nuventix Mailing Address 4635 Boston Lane Austin, TX 78735 Company Description Nuventix was founded by Professor Ari Glezer and researchers, Dr. Sam Heffington and Dr. Raghav Mahalingam, at the Georgia Institute of Technology with the simple goal of removing more heat with less air. The result is … Continue reading “Nuventix Receives $10,000,000 New Funding”
Michigan Informatics Startup Intervention Insights Raises $7M+ Series B Round
Intervention Insights of Grand Rapids, MI has raised $7.2 million in venture capital to help commercialize software that helps doctors identify the proper drugs to treat a patient’s specific cancer. Beringea, the private equity/venture capital firm based in Farmington Hills, and Chrysalis Ventures in Louisville, KY, led the startup’s Series B round, which also includes … Continue reading “Michigan Informatics Startup Intervention Insights Raises $7M+ Series B Round”
Energy Secretary Chu Promotes New Detroit-based R&D Partnership With Military
Nothing like a semi-serious Steven Chu joke to start your morning. Speaking at an energy conference in Detroit today, the U.S. Energy Secretary and Nobel Prize winner recalled as a boy in the 1950s the Soviet Union launching Sputnik into space. “It was very disconcerting. The German rocket scientists living in the Soviet Union were … Continue reading “Energy Secretary Chu Promotes New Detroit-based R&D Partnership With Military”
eIQ: Social Media for Startups
Andy Boyer, the co-founder of social3i.com, will be the featured speaker on July 21 at a Northwest Entrepreneur Network forum on social media for startups. For more information on how to register, click here.
Venture Activity Rises Nationwide, Daylight Solutions’ Infrared Technology Heating Up, Smaller Startups Are Hiring Fewer, & More San Diego BizTech News
The venture news was flying last week like beach chairs in a hurricane, and the Xconomy forecast calls for more venture activity data this week. Get your biztech briefing quick, before I think up any more metaphors. —We got the early returns on quarterly venture capital activity, and more surveys are expected to follow in … Continue reading “Venture Activity Rises Nationwide, Daylight Solutions’ Infrared Technology Heating Up, Smaller Startups Are Hiring Fewer, & More San Diego BizTech News”
Happy Cloud Hits the Mainstream, Tries to Make PC Video Games Faster to Download and Play
This morning was a busy one for Eric Gastfriend, but he made time to chat about his Cambridge, MA-based startup’s coming out of beta. Its goal: to make high-quality PC video games as fast and easy to access as the social-network and casual games that have swept the country over the past few years (think … Continue reading “Happy Cloud Hits the Mainstream, Tries to Make PC Video Games Faster to Download and Play”
Cogenra’s Double Whammy: Solar Arrays that Generate Electricity and Hot Water
A Silicon Valley startup is trying to squeeze more energy out of sunlight by combining photovoltaic arrays with a technology to generate hot water, to lower the costs of both electricity and heat. Based in Mountain View, CA, and backed venture capitalist Vinod Khosla among others, Cogenra Solar has fielded only two installations thus far. … Continue reading “Cogenra’s Double Whammy: Solar Arrays that Generate Electricity and Hot Water”
Coronado Biosciences Files Form 10
New York-based Coronado Biosciences has registered to become a public reporting company through a Form 10. Coronado is developing immunotherapy approaches to treat acute myeloid leukemia and autoimmune diseases such as multiple sclerosis and inflammatory bowel disease. Coronado is preparing to start a Phase 2 trial of one of its experimental molecules in Crohn’s Disease … Continue reading “Coronado Biosciences Files Form 10”
Shopkick, Assistly, D-Rev: The 1-Minute Version of Last Week’s Bay Area BizTech News
We ran a full complement of startup profiles last week, but on top of that, Bay Area tech companies announced so many funding deals (including some real whoppers, like Jawbone’s $70 million round and Evernote’s $50 million round) that it makes you wonder whether everyone was scrambling to get term sheets signed before all the … Continue reading “Shopkick, Assistly, D-Rev: The 1-Minute Version of Last Week’s Bay Area BizTech News”
LS9, HCL Clean Tech Snag $9M Grant
South San Francisco-based LS9, the developer of renewable fuel technology, said today it has awarded a $9 million grant from the U.S. Department of Energy, along with its partner, Oxford, NC-based HCL Clean Tech. The money will be used to convert cellulosic biomass into fermentable sugars and then diesel and other chemical products, LS9 said. … Continue reading “LS9, HCL Clean Tech Snag $9M Grant”
Some Future Secrets Revealed: An Update on Recorded Future
The future for most of us is a totally uncharted territory. The noble art of divining doesn’t seem to have made much progress since the days of the Delphic oracle more than 2,000 years ago. But Recorded Future, an American-Scandinavian startup founded by Swedish entrepreneur Christopher Ahlberg and headquartered in the Boston area, claims to … Continue reading “Some Future Secrets Revealed: An Update on Recorded Future”
Ormet Raises $1.7M
Ormet Circuits, a San Diego company with proprietary technology for printing circuit patterns on a variety of materials, has raised more than $1.7 million from equity investors, according to a recent regulatory filing. On its website, Ormet says its technology can print circuits with high electrical and thermal conductivity and good solderability on cardboard, plastic, … Continue reading “Ormet Raises $1.7M”
SupportSpace Rounds Up $12M
SupportSpace, a provider of remote technical services with offices in South San Francisco and Netanya, Israel, has raised $12 million in Series C funding from BRM Group, Gemini Israel Fund, and Emergence Capital, according to a report last week in the Israeli business news site The Marker. The company previously raised $10 million in a … Continue reading “SupportSpace Rounds Up $12M”
MoboTap Collects $10M
San Francisco-based MoboTap, maker of the Dolphin Web browser for Android devices, has raised $10 million in a Series A funding round led by Sequoia Capital, with participation by Matrix Partners, according to various press reports. According to Dow Jones VentureWire, MoboTap is at work on an iOS version of Dolphin, which includes gesture-based features … Continue reading “MoboTap Collects $10M”
New Enterprise Associates Opens New York City Office
Menlo Park, CA-based venture capital firm New Enterprise Associates has opened a new office in New York City, according to VentureWire. NEA, which also has offices in Maryland, has invested in such New York companies as luxury apparel retailer Moda Operandi; Gilt Groupe, which offers discounts from retailers, restaurants, and other service providers; and Quidsi, … Continue reading “New Enterprise Associates Opens New York City Office”
$20M for SeaMicro
According to a June regulatory filing that went largely unnoticed until this week, Sunnyvale, CA-based low-power server builder SeaMicro has raised $20 million in a Series D financing round involving existing investors existing investors Crosslink Capital, Draper Fisher Jurvetson, and Khosla Ventures, and at least one unnamed strategic investor. SeaMicro raised $15 million in September … Continue reading “$20M for SeaMicro”
BuyWithMe Buys Edhance for Loyalty Programs
Boston and New York-based BuyWithMe, a local deals startup, said today it has acquired Edhance, a Cambridge, MA, company that provides card-linked offers and customer loyalty programs (cash back and other deals). Terms of the acquisition weren’t given. Edhance founder Bjorn Larsen is now BuyWithMe’s vice president of loyalty and card-linked offers, so it sounds … Continue reading “BuyWithMe Buys Edhance for Loyalty Programs”
Foursquare Clutches Its Crown as Location-Based Realm Evolves
Like mechanics building different cars around the same powertrain, makers of many location-based apps work with the platform provided by New York’s Foursquare. Some developers have meshed the check-in system with social connections, while others help movie fans discover the locations where their favorite scenes were shot, among other applications. In spite of its innovations, … Continue reading “Foursquare Clutches Its Crown as Location-Based Realm Evolves”
Loffles Looks to Revamp Online Raffle Tickets With Targeted Ads
Loffles, a Providence, RI-based Web startup, is looking to put a spin on classic entries to raffles, and simultaneously give online advertisers a shot at targeting the consumers they’re actually interested in. Consumers buy into a contest on Loffles not with cash, but with about 45 seconds of their time. Raffle entrants select a prize … Continue reading “Loffles Looks to Revamp Online Raffle Tickets With Targeted Ads”
Encouraged by Early Work on Anti-Cancer Drug, Intellikine Hires New Head for Clinical Trials
San Diego’s Intellikine will be four years old in another month, and CEO Troy Wilson tells me he’s feeling very excited about the venture-backed biotech’s progress so far in developing its pipeline of anti-cancer drugs, including its lead candidate designated INK128. As Luke has reported previously, Intellikine’s research is focused on PI3K, shorthand for a … Continue reading “Encouraged by Early Work on Anti-Cancer Drug, Intellikine Hires New Head for Clinical Trials”
Stop the M&A Obsession: Biotech Needs More Companies to Stay Independent
Given what investment bankers did to the financial system just a couple years ago, it surprises me how many people still accept what they have to say at face value. But quite a few people in biotech are still lapping up all sorts of short-sighted, destructive advice from the financial powers that be. The latest … Continue reading “Stop the M&A Obsession: Biotech Needs More Companies to Stay Independent”
Intervention Insights Obtains $7,200,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=913b3e97-13e4-434c-99fb-12d0a9384a6f&Preview=1 Date 7/18/2011 Company Name Intervention Insights Mailing Address 710 Kenmoor Grand Rapids, MI 49546 Company Description OncInsights is Intervention Insights’ medical information service that combines cutting edge bioinformatics tools with disease insight to specify molecularly targeted drugs to help community oncologists develop informed treatment plans for their patients. Website http://www.interventioninsights.com Transaction … Continue reading “Intervention Insights Obtains $7,200,000 Series B Financing Round”
SARCode Secures $44,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ea0191f3-3ced-462d-8859-a47306d4aa62&Preview=1 Date 7/18/2011 Company Name SARCode Mailing Address 1000 Marina Boulevard Brisbane, CA 94005 Company Description SARcode is a private, San Francisco based company focused on the development of small molecule LFA-1 inhibitors to treat inflammatory diseases. Website http://www.sarcode.com Transaction Type Venture Equity Transaction Amount $44,000,000 Transaction Round Series B Proceeds Purposes … Continue reading “SARCode Secures $44,000,000 Series B Round”
Adobe Systems Acquires EchoSign for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4efd3528-b935-4a97-b92e-6e06bbd223f0&Preview=1 Date 7/18/2011 Company Name EchoSign Mailing Address 555 Bryant Street Palo Alto, CA 94301 Company Description EchoSign is the web’s #1 signature service. Over 125,000 businesses and individuals use EchoSign to get their deals closed faster. E-Sign, or sign by fax — either way, you just send from EchoSign, and we … Continue reading “Adobe Systems Acquires EchoSign for Undisclosed Sum”
Xtuit Obtains New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=62fd6039-1c99-4b34-a9c1-c67b1bed008b&Preview=1 Date 7/18/2011 Company Name Xtuit Mailing Address 1000 Winter Street Waltham, MA 02451 Company Description The company is pursuing a novel approach to improving existing drug therapy through technology that has the potential to dramatically improve the translation of cancer drugs from animal models to human studies. Website Undisclosed Transaction Type … Continue reading “Xtuit Obtains New Financing”
Biff Labs Garners New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2a338555-b808-437f-957c-fa6d77a0acf1&Preview=1 Date 7/18/2011 Company Name Biff Labs Mailing Address Undisclosed Cambridge, MA 02138 Company Description The company is a technology startup that is focused on structuring social data. Website http://www.bifflabs.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Polaris … Continue reading “Biff Labs Garners New Funding Round”
MoboTap Secures $10,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aa32963c-a3d8-48eb-b9fe-da9068ac909a&Preview=1 Date 7/18/2011 Company Name MoboTap Mailing Address Undisclosed San Francisco, CA 94123 Company Description MoboTap is a mobile technology developer that is committed to advancing the mobile revolution by improving the way people experience the web through their mobile devices. Founded and led by an international team of proven engineers and … Continue reading “MoboTap Secures $10,000,000 Series A Funding”
Seamless Receipts Receives New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f2d5e6b6-0184-4cbd-8541-f4b3d214ee7a&Preview=1 Date 7/18/2011 Company Name Seamless Receipts Mailing Address Undisclosed New York, NY 10022 Company Description The Seamless Receipts solution replaces paper receipts with branded eReceipts and allows you to personalize messages to your customers. With Seamless Receipts, you can collect more emails, drive offline customers online, and engage customers after they … Continue reading “Seamless Receipts Receives New Funding Round”
NewComLink Obtains $10,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1b7e33ed-c6b4-4aa1-a62b-4e8647e4190f&Preview=1 Date 7/18/2011 Company Name NewComLink Mailing Address 3900 North Capital of Texas Highway Austin, TX 78746 Company Description The company operates as a financial web based service provider. Website http://www.newcomlink.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round Series B Proceeds Purposes The round was led by StarVest and will … Continue reading “NewComLink Obtains $10,000,000 Series B Financing”
Patterns in Big Data: Knowledge Discovery and Data Mining
Attracting renowned industry executives, as well as high-caliber practitioners, faculty, researchers, and students, KDD 2011 is the top forum to present and discuss technology and science advances in data mining and predictive analytics. For the first time, the conference will include an “Industry Practice Expo,” a new track of invited talks from leading experts in … Continue reading “Patterns in Big Data: Knowledge Discovery and Data Mining”
BioBriefing for the Non-Science Professional
This one-day course provides a concise overview of the key concepts of the drug development process. Classes are specifically geared toward the non-science professional who needs to better understand industry terminology, science, techniques and issues. Become more instrumental in your company’s success by understanding the science and technology driving the pharmaceutical industry. More information and … Continue reading “BioBriefing for the Non-Science Professional”
Military Contracting: Capitalizing on IP and Collaborations
The Intellectual Property and Military Special Interest Groups of CommNexus are hosting a joint session on issues that can arise under federal acquisition regulations and defense acquisition regulations. Such issues include IP rights, the Small Business Innovation Research Program, IP issues and contract issues that can arise between a contractor and the government. More information … Continue reading “Military Contracting: Capitalizing on IP and Collaborations”
Attracting and Retaining Maritime Technology
Representatives of the City of San Diego, Port of San Diego, San Diego Regional Economic Development Corp., and the North County Economic Development Council are set for a roundtable discussion on economic development and how it relates to maritime technology industry in the region. Followed by a reception and networking event. More information and online … Continue reading “Attracting and Retaining Maritime Technology”
Virtual Biotech Part 1: Effectively Outsourcing Drug Discovery
Changes in the drug discovery landscape have presented many tough challenges for our region, including downsizing for larger companies and a dearth of VC funding for startups. The San Diego Biotechnology Network (SDBN) has organized this event to explore the new opportunities within this challenge, as drug companies also are hungry for drug candidates to … Continue reading “Virtual Biotech Part 1: Effectively Outsourcing Drug Discovery”
Acutus Medical Secures $1,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4efcc2a2-ec01-4faf-b0cb-557e871c6ba0&Preview=1 Date 7/17/2011 Company Name Acutus Medical Mailing Address 11225 West Bernardo Court San Diego, CA 92127 Company Description Acutus Medical is a San Diego venture-backed medical device company focused on developing a breakthrough technology in the electrophysiology. Website Undisclosed Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Acutus Medical Secures $1,000,000 New Funding”
The Young & the Restless: Winning the Race for America’s Best Talent
The well-educated and talented 25-to-34-year-olds who make up America’s workforce of the future are ditching the suburbs for the urban cores (at a rate of 2 to 1). Joe Cortright, an economist who specializes in regional economic analysis, innovation, and industry clusters, is headlining this event on what San Diego can do to attract and … Continue reading “The Young & the Restless: Winning the Race for America’s Best Talent”
Getting the Data Out: Join in USA.gov Hack Day
Measured Voice has organized 1.USA.gov Hack Day in San Diego as part of its work with USA.gov, the official portal of the U.S. government. Similar events are taking place in San Francisco and Washington D.C. to encourage programmers, entrepreneurs, and curious citizens to come together and explore data created by 1.USA.gov and to find new … Continue reading “Getting the Data Out: Join in USA.gov Hack Day”
Demandware Files for IPO
Burlington, MA-based Demandware, a digital- and mobile-commerce software company, has filed paperwork for an IPO with a proposed maximum offering of $100 million. The offering is being underwritten by Goldman Sachs and Deutsche Bank. The company plans to list its shares on the New York Stock Exchange under “DWRE.” Demandware was founded in 2004 and … Continue reading “Demandware Files for IPO”
Polaris Funds 2 MA Companies With 6th Fund
Waltham, MA-based Polaris Venture Partners announced yesterday that it had invested in its first set of companies from its $375 million sixth fund, including two Massachusetts companies. Biff Labs is a Cambridge, MA-based stealthy startup that is focusing on structuring social data. Xtuit, which the Boston Business Journal reported as also located in the Boston area, is … Continue reading “Polaris Funds 2 MA Companies With 6th Fund”
LetterMPress: An iPad App That Brings New Meaning to Movable Type
If you’re a follower of this column, you know that I write a lot about apps for the iPhone and iPad. It’s not just because I’m an Apple fan. It’s also because these revolutionary touchscreen-based devices are attracting some of today’s most creative developers, who are writing software unlike anything we’ve ever seen on other … Continue reading “LetterMPress: An iPad App That Brings New Meaning to Movable Type”
NeoStem Acquires Amorcyte
New York biopharmaceutical company NeoStem (NYSE: [[ticker:NBS]]) says it signed a definitive merger agreement to acquire Amorcyte, an Allendale, NJ, biotech developing cell therapy treatments for cardiovascular disease. Amorcyte, a development stage company, has a product candidate, AMR-001, in the works for the treatment of acute myocardial infarction. NeoStem plans to commence a phase II clinical … Continue reading “NeoStem Acquires Amorcyte”
3 Big Ideas from Frank Artale: Seattle’s Startup Ecosystem, VC Ground Rules, & the New Inflection Point
One of the newer venture capitalists plying his trade in Seattle isn’t really all that new. How’s that? I’m talking about Frank Artale, who joined Ignition Partners earlier this year as a managing director. Artale’s a pretty familiar face around the Puget Sound region, having worked at Microsoft (NASDAQ: [[ticker:MSFT]]) for nearly a decade—he was … Continue reading “3 Big Ideas from Frank Artale: Seattle’s Startup Ecosystem, VC Ground Rules, & the New Inflection Point”
Social Contacts and Body Parts: A Rundown of This Month’s NY Tech Meetup
This month’s NY Tech Meetup, held on July 5, brought more than 750 spectators to the NYU Skirball Center for the Performing Arts eager to see some of the latest ideas from local startups, including one group that came out of stealth that same day. Though the event was themed as the “Now Neighborhood,” the … Continue reading “Social Contacts and Body Parts: A Rundown of This Month’s NY Tech Meetup”
Microsoft President Qi Lu on Web Strategy in a Brave New Digital Society: The Video
Attention, techies. Want a deep dive into the future of the Web, search, and online services? Then sit down with Qi Lu, the president of Microsoft’s online services division, if you ever get an opportunity. In the meantime, you can check out this video from Lu’s talk at Microsoft New England Research & Development Center … Continue reading “Microsoft President Qi Lu on Web Strategy in a Brave New Digital Society: The Video”
Amag Eyes Rebound, Idera Surges On Despite Merck KGaA Drop, Verastem Snags $32M, & More Boston-Area Life Sciences News
This week was full of meaty analysis of drug development programs at New England-area biotechs. —Waltham, MA-based Avedro took in $25 million, which it will use to expand commercial operations internationally and to seek FDA clearance in the U.S of its technology that uses the pulse in microwave energy to correct vision. The deal was … Continue reading “Amag Eyes Rebound, Idera Surges On Despite Merck KGaA Drop, Verastem Snags $32M, & More Boston-Area Life Sciences News”