Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c8e2579a-56a3-4368-9c63-17b74855458b&Preview=1 Date 7/15/2011 Company Name Transcend Medical Mailing Address 127 Independence Drive Menlo Park, CA 94025 Company Description Transcend Medical, Inc. is focused on the research and development of novel devices for the treatment of glaucoma, the leading cause of adult irreversible blindness. Over two million people in the U.S. alone are … Continue reading “Transcend Medical Obtains $16,000,000 Series B Funding Round”
JasperSoft Obtains $11,000,000 Series F Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dc318d98-7837-40dc-aa4c-66a6838d663d&Preview=1 Date 7/15/2011 Company Name JasperSoft Mailing Address 539 Bryant Street San Francisco, CA 94107 Company Description JasperSoft is the leading provider of commercial open source reporting solutions. Anchored by the world’s most popular open source reporting engine JasperReports, and its complementary commercial reporting product, JasperDecisions, JasperSoft brings customers the best of … Continue reading “JasperSoft Obtains $11,000,000 Series F Funding”
SupportSpace Secures $12,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=52566535-7052-4da6-8c24-e1ac588958ab&Preview=1 Date 7/15/2011 Company Name SupportSpace Mailing Address 395 Oyster Point South San Francisco, CA 94080 Company Description Founded in 2005, SupportSpace marks the advent of a new era in tech support with a unique service platform designed to address the problems associated with the rapid adoption of new technologies to the … Continue reading “SupportSpace Secures $12,000,000 Series C Financing Round”
PowerVision Garners Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=97c56395-2e77-4b7b-ba42-68c96b1a1e1d&Preview=1 Date 7/15/2011 Company Name PowerVision Mailing Address 298 Harbor Blvd. Belmont, CA 94002 Company Description The company develops and sells eye related medical devices. Website http://www.powervisionlens.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Series C Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Medtronic
Variation Biotechnologies Lands $7,831,932 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e74228c1-5b2c-431f-ad8a-482075ab8fcb&Preview=1 Date 7/15/2011 Company Name Variation Biotechnologies Mailing Address 245 First St. Cambridge, MA 02142 Company Description Variation Biotechnologies, Inc. (VBI) creates intelligent vaccines that learn from nature. Our management and scientific team consists of industry-leading experts that have increased our product pipeline and partnerships. Website http://www.variationbiotech.com Transaction Type Debt Transaction Amount … Continue reading “Variation Biotechnologies Lands $7,831,932 New Round”
Uplogix Secures $1,200,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8b5a89fd-816c-4c71-9e4c-2cecc2fb3a98&Preview=1 Date 7/15/2011 Company Name Uplogix Mailing Address 7600B N. Capital of Texas Hwy Austin, TX 78731 Company Description Uplogix is the leading provider of Enterprise Edge Management solutions. Website http://www.uplogix.com Transaction Type Debt Transaction Amount $1,200,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms … Continue reading “Uplogix Secures $1,200,000 New Financing”
Seattle Deal Roundup: Livemocha, TTM, RootMetrics Raise Money
We’ve got a trio of quick Seattle-area technology fundraising items today, fresh from the SEC filings. Livemocha reports that it has raised about $5 million in a Series C round, which appears like it could grow to the $7.5 million range with warrants and options. I tried to get more details on that aspect from … Continue reading “Seattle Deal Roundup: Livemocha, TTM, RootMetrics Raise Money”
SocMetrics Leads Growing Cluster of Boston Startups Trying to Cash In on Social Media Tech
Who are the most influential people on Twitter and Facebook? Who has the most friends and followers across the various social media platforms? Who cares? Advertisers and brands, that’s who—and an increasing number of businesses of all types. (Not to mention all the narcissists and self-promoters out there, but let’s forget about them while we … Continue reading “SocMetrics Leads Growing Cluster of Boston Startups Trying to Cash In on Social Media Tech”
Celladon Raises $400K
San Diego-based Celladon, which is developing drug candidates that target a key enzyme deficiency apparent in heart failure, has secured $400,000 in a debt and securities financing, according to a recent regulatory filing. In late June, Celladon said a clinical study of its lead candidate, which is intended to restore a key enzyme that regulates … Continue reading “Celladon Raises $400K”
Aptera Motors Raises $2.2M
Carlsbad, CA-based Aptera Motors, developer of a teardrop-shaped three-wheel electric vehicle called the Aptera 2e, has raised more than $2.2 million in equity and rights, according to a recent regulatory filing. The cleantech automaker, which has been awaiting a key federal loan guarantee from the U.S. Department of Energy, said in May that it plans … Continue reading “Aptera Motors Raises $2.2M”
Assay Depot Creates Online Market for Pfizer, Advanced BioHealing Expands, Organovo Finds Market for Bio-Printing Technology, & More San Diego Life Sciences News
Bio-engineering tissue for use in humans seems to be gaining ground in San Diego, with Organovo and Advanced BioHealing reporting progress on separate fronts. We have that and more as part of our weekly review of local life sciences news. —After developing an Amazon.com-like site that connects biotech scientists with clinical research organizations (CROs) that … Continue reading “Assay Depot Creates Online Market for Pfizer, Advanced BioHealing Expands, Organovo Finds Market for Bio-Printing Technology, & More San Diego Life Sciences News”
NYEBN Startup Pitch Series 7
Join the New York Entrepreneurs Business Network (NYEBN) for an evening of networking and startup pitches. The startups will get five minutes to present, and will receive feedback from a panel of VCs, including Brian Cohen of New York Angels, Justin Wohlstadter of Penny Black, and Somak Chattopadhyay, principal at GSA Venture Partners. Register here.
Seattle Genetics Lymphoma Drug Gets Second Green Light from FDA Panel
Seattle Genetics batted a clean 2-for-2 today in its appearances in front of an FDA advisory committee. The FDA’s Oncologic Drugs Advisory Committee voted 10-0 to recommend that Seattle Genetics’ brentuximab vedotin (Adcetris), be cleared for sale as a new treatment in the U.S. for anaplastic large cell lymphoma. That decisive vote came after a … Continue reading “Seattle Genetics Lymphoma Drug Gets Second Green Light from FDA Panel”
Nimble Storage Raises $25M
San Jose, CA-based Nimble Storage, which makes flash- and disk-based backup and storage devices for enterprises, said today that it has closed a $25 million Series D financing round. New investor Artis Capital Management led the round, which was joined by existing investors Accel Partners, Lightspeed Venture Partners, and Sequoia Capital. The company, which has … Continue reading “Nimble Storage Raises $25M”
“Coolsculptor” Zeltiq Plans IPO
Zeltiq Aesthetics, a Pleasanton, CA-based medical device startup, filed registration papers yesterday with the Securities and Exchange Commission in preparation for an initial public offering. The company has developed a non-invasive procedure, called “CoolSculpting,” that uses cold to eliminate fat cells beneath the skin. The company hopes to raise up to $115 million in the … Continue reading ““Coolsculptor” Zeltiq Plans IPO”
Prospectiv Picked Up by Affinion for $30M
Affinion Group, a marketing and customer engagement company based in Stamford, CT, said today it is acquiring Wakefield, MA-based Prospectiv Direct, an online marketing firm that owns Eversave, a daily-deals website that’s active in 20 U.S. metro areas. The price of the acquisition is $30 million plus earn-outs over the next two years; the deal … Continue reading “Prospectiv Picked Up by Affinion for $30M”
Seattle Genetics Wins Unanimous OK for Lymphoma Drug from FDA Panel
Seattle Genetics (NASDAQ: [[ticker:SGEN]]) passed its first big test with an FDA advisory panel today with flying colors. An FDA panel of cancer drug experts recommended in a 10-0 vote that the company’s drug for Hodgkin’s lymphoma should be cleared for sale in the U.S. The vote came this morning by the FDA’s Oncologic Drugs … Continue reading “Seattle Genetics Wins Unanimous OK for Lymphoma Drug from FDA Panel”
Verastem, Rooted at MIT, Raises $32 Million and Adds ATV and Astellas to Slate of Investors
Boston-based oncology startup Verastem, which was founded by MIT biologists Robert Weinberg and Eric Lander, has raised $32 million in a Series B financing, the company announced today. Verastem is developing drugs that target cancer stem cells, and it previously raised $16 million from a group led by former Sirtris CEO Christoph Westphal’s Longwood Founders … Continue reading “Verastem, Rooted at MIT, Raises $32 Million and Adds ATV and Astellas to Slate of Investors”
D-Rev Applies Silicon Valley Design (and Business) Thinking to the Developing World
“I am not convinced that I would put my child in an incubator that is made of car parts.” That’s Krista Donaldson speaking. She’s the CEO of Palo Alto, CA-based D-Rev, and the quote says a lot about the non-profit organization and its philosophy on designing healthcare equipment for the developing world. You may have … Continue reading “D-Rev Applies Silicon Valley Design (and Business) Thinking to the Developing World”
Tecogen Gets $500K
Tecogen, a Waltham, MA-based provider of natural-gas-fueled, engine-driven combined heat and power systems, nabbed a $500,000 investment from Southern California Gas, SoCalGas announced today.The deal comes as a strategic addition to SoCalGas’ cleantech portfolio. Tecogen, whose systems provide electric power or cooling while heat from the engine is recovered and used at a facility, originally dates … Continue reading “Tecogen Gets $500K”
Seattle’s Ground Truth Merges with Boston’s Umber Systems to Become NYC-Based Mobile Intelligence Solutions
Consumers who gobble up smartphones and tablets are getting revolutionary tools for work and play. An ever-growing forest of app developers is targeting the devices as a juicy new business platform. But for mobile carriers and marketing pros, it’s all about the data—who’s consuming the bandwidth, what they’re doing online, and what else they might … Continue reading “Seattle’s Ground Truth Merges with Boston’s Umber Systems to Become NYC-Based Mobile Intelligence Solutions”
Institutes Of Medicine Pain Report May Aid Medical Device Makers
When the Institute of Medicine (IOM) released its report on chronic pain late last month, medical device makers cheered. “A landmark report,” a Boston Scientific press release gushed. “Chronic pain is a major public health issue, and we applaud Congress [and] the IOM…for their thoughtful recommendations,” Medtronic senior vice president Tom Tefft said in a … Continue reading “Institutes Of Medicine Pain Report May Aid Medical Device Makers”
Hidden Gems Are Inside UW Computer Science & Engineering. Can They Be Mined?
Although an attentive observer can see a steady stream of news articles from UW Computer Science & Engineering, with more than 40 faculty members and 750 students, there is more going on than is reported. When I was given an opportunity to occupy an office inside the Paul G. Allen Center, I was excited to … Continue reading “Hidden Gems Are Inside UW Computer Science & Engineering. Can They Be Mined?”
SeaGen’s Big Day at the FDA, Hutch Nabs $20M HIV Grant, Allozyne’s Nasdaq Plan, & More Seattle-Area Life Sciences News
This week, all eyes in Seattle biotech are on Seattle Genetics. If you don’t know why, here’s a chance to catch up. If nothing else, this will provide plenty of fodder for conversation at today’s WBBA Summer Social, which I plan to attend this afternoon. —Seattle Genetics (NASDAQ: [[ticker:SGEN]]) is making its case today in … Continue reading “SeaGen’s Big Day at the FDA, Hutch Nabs $20M HIV Grant, Allozyne’s Nasdaq Plan, & More Seattle-Area Life Sciences News”
Geppert Named Interim CEO of Economic Development in San Diego
William “Bill” Geppert, who retired just five months ago as the head of Cox Communications in San Diego, has stepped in to serve as interim CEO of the San Diego Regional Economic Development Corp. (EDC). Geppert, a Cox senior vice president and general manager, agreed to serve until the end of 2011. He is not … Continue reading “Geppert Named Interim CEO of Economic Development in San Diego”
Second-Quarter VC Activity: Wish They All Could Be California Deals
Venture capital activity that surged during the first three months of 2011 continued to rise through the second quarter, as funding for Internet startups soared by 69 percent over the same quarter last year, according to CB Insights, a New York information and data services firm. In its quarterly venture capital activity report, CB Insights … Continue reading “Second-Quarter VC Activity: Wish They All Could Be California Deals”
Verastem Obtains $32,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e47831cf-50e8-4c81-8a33-843dd08286dc&Preview=1 Date 7/14/2011 Company Name Verastem Mailing Address 215 First Street Cambridge, MA 02142 Company Description Verastem, Inc. is a private biopharmaceutical company focused on discovering and developing novel drugs that selectively target cancer stem cells. Website http://www.Verastem.com Transaction Type Venture Equity Transaction Amount $32,000,000 Transaction Round Series B Proceeds Purposes Proceeds … Continue reading “Verastem Obtains $32,000,000 Series B Financing Round”
Mobile Intelligence Solutions Acquires Umber Systems for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=63a07ecb-04ae-4901-b773-a671f6e189f5&Preview=1 Date 7/14/2011 Company Name Umber Systems Mailing Address 200 Baker Avenue Concord, MA 01742 Company Description The Mobile Analytics Challenge: As mobile data usage proliferates, carriers, content providers, and advertisers are faced with a key challenge in extracting revenue from data usage – lack of visibility and targeting. What are mobile … Continue reading “Mobile Intelligence Solutions Acquires Umber Systems for Undisclosed Sum”
Mobile Intelligence Solutions Lands $8,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2c46e837-819c-4170-93de-606163332b72&Preview=1 Date 7/14/2011 Company Name Mobile Intelligence Solutions Mailing Address 999 3rd Ave. Seattle, WA 98104 Company Description Mobile Intelligence Solutions is a mobile analytics and measurement provider that delivers the precise, timely and actionable mobile insight required for carriers, advertisers and publishers to measure, optimize and grow their businesses. Website http://www.mobileintelligencesolutions.com … Continue reading “Mobile Intelligence Solutions Lands $8,000,000 New Financing”
Alice.com Receives $3,423,281 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=55ea6dad-db0d-46ab-94e7-4b727058c4d7&Preview=1 Date 7/14/2011 Company Name Alice.com Mailing Address 8215 Greenway Blvd Middleton, WI 53562 Company Description Alice.com is developing a new online retail platform that better connects manufacturers and consumers in the giant consumer packaged goods market. Website http://alice.com Transaction Type Debt Transaction Amount $3,423,281 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Alice.com Receives $3,423,281 New Funding”
Halt Medical Obtains $5,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d055bb32-f266-45a3-8d05-5baa9a651b5e&Preview=1 Date 7/14/2011 Company Name Halt Medical Mailing Address 131 Sand Creek Road Brentwood, CA 94513 Company Description The company is developing a uterine fibroid treatment device. Website http://www.haltmedical.com Transaction Type Debt Transaction Amount $5,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. $5,000,000 received upon the issuance and sale … Continue reading “Halt Medical Obtains $5,000,000 New Round”
Nimble Storage Garners $25,000,000 Series D Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f90896a3-5b74-4c77-a28c-cb22a7f32cb5&Preview=1 Date 7/14/2011 Company Name Nimble Storage Mailing Address 2645 Zanker Rd. San Jose, CA 95134 Company Description Nimble Storage has developed the first converged storage and backup solution that significantly reduces the cost and complexity of storing, accessing, and protecting data for enterprises. Website http://www.nimblestorage.com Transaction Type Venture Equity Transaction Amount … Continue reading “Nimble Storage Garners $25,000,000 Series D Funding”
Root Metrics Obtains $1,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ba9d676b-a529-42dc-a725-189ab6bae74e&Preview=1 Date 7/14/2011 Company Name Root Metrics Mailing Address 11000 NE 33rd Place Bellevue, WA 98004 Company Description We’re an independent, privately funded service that provides the most accurate data on mobile network performance, from mobile users in real-world conditions. We provide performance data to consumers and to the carrier industry. Website … Continue reading “Root Metrics Obtains $1,000,000 New Financing”
Telecom Transport Management Receives $4,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=14deb912-1242-4eed-8f37-34e477fe9927&Preview=1 Date 7/14/2011 Company Name Telecom Transport Management Mailing Address 146 N. Canal St Seattle, WA 98103 Company Description TTM offers a best-in-class combination of network quality, surveillance, and price, using a combination of owned and leased radio and landline-based technologies. TTM adds value to its customers’ operations by reducing network complexity, … Continue reading “Telecom Transport Management Receives $4,000,000 New Financing Round”
DVS Sciences Secures $14,600,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1bc2d80f-0659-430a-aaa8-4e8b625c77e8&Preview=1 Date 7/14/2011 Company Name DVS Sciences Mailing Address 639 N. Pastoria Ave Sunnyvale, CA 94085 Company Description DVS Sciences Inc. is an analytical equipment and reagents development company that produces and markets the CyTOF, a high throughput mass cytometer for individual cell analysis based on a novel elemental mass-spectrometry detection technology, … Continue reading “DVS Sciences Secures $14,600,000 Series A Funding Round”
Drchrono Lands $675,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=99ee42a0-b148-4621-b9b5-6f0d9aecb04c&Preview=1 Date 7/14/2011 Company Name Drchrono Mailing Address Undisclosed Mountain View, CA 94040 Company Description Drchrono addresses the complexities and critical needs of today’s healthcare environment by providing a EHR platform with a focus on the iPad. We are creating a multi point solution, through cloud web based Electronic Health Record access, … Continue reading “Drchrono Lands $675,000 New Round”
WordWatch Lands $1,400,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=69cc4738-c6bd-4400-8426-93c56ebd829c&Preview=1 Date 7/14/2011 Company Name WordWatch Mailing Address 1185 Chess Drive Foster City, CA 94404 Company Description WordWatch has been developed by a dedicated team of SEM experts, developers, and algorithm specialists. Website http://www.wordwatch.com Transaction Type Venture Equity Transaction Amount $1,400,000 Transaction Round Undisclosed Proceeds Purposes The company intends to use the … Continue reading “WordWatch Lands $1,400,000 New Financing”
Shelby.tv Receives $1,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a2f53e82-e622-4f62-9320-da74f5a5dc41&Preview=1 Date 7/14/2011 Company Name Shelby.tv Mailing Address Union Square New York, NY 10001 Company Description Shelby.tv is a startup that thinks you can have the best of both worlds — it creates a no-hassle stream of video content based on the links your friends have shared on Facebook and Twitter, resulting … Continue reading “Shelby.tv Receives $1,500,000 New Financing”
Ziften Technologies Receives $5,800,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6138defc-82a9-423d-aa76-10156d09a948&Preview=1 Date 7/14/2011 Company Name Ziften Technologies Mailing Address 2901 Via Fortuna Ausitn, TX 78746 Company Description Ziften Technologies is the first software vendor to control what runs and how it runs on enterprise Windows desktops and laptops. With extensive experience deploying behavioral software to more than 150 million systems worldwide, Ziften … Continue reading “Ziften Technologies Receives $5,800,000 Series A Funding Round”
Don’t Believe the Hype: Cleantech Is Creating Jobs Now, And Can Generate Many More
There has been endless hype about the so-called clean economy-from both ends of the spectrum. It has been called both “a compelling aspiration and an enigma” and it has been difficult to assess. Discussion has frequently been short on facts and long on anecdotes, speculation, assertion, and partisanship. This is due, in no small part, … Continue reading “Don’t Believe the Hype: Cleantech Is Creating Jobs Now, And Can Generate Many More”
Sanofi Collaboration Drives Regeneron’s Transformation From R&D House to Commercial Player
As the stock market was closing yesterday, Regeneron (NASDAQ: [[ticker:REGN]]) announced long-awaited data from a mid-stage trial of a rheumatoid arthritis drug it is developing with French drug giant Sanofi-Aventis (NYSE: [[ticker:SNY]]). The companies said that patients taking the drug, an antibody called sarilumab (REGN88/SAR153191), along with the commonly used treatment methotrexate achieved a significant improvement … Continue reading “Sanofi Collaboration Drives Regeneron’s Transformation From R&D House to Commercial Player”
Ban.jo Breaches the Barriers Between Location-Based Apps
More and more social networks are offering geolocation. How does a person keep up without joining every service under the sun? A Palo Alto, CA-based startup called Ban.jo hopes to become geo-location central by allowing iPhone or Android mobile users to see who’s nearby, no matter what social network they may be using. Ban.jo founder … Continue reading “Ban.jo Breaches the Barriers Between Location-Based Apps”
Badgeville Rounds Up $12M
Menlo Park, CA-based Badgeville, which helps Web publishers and e-commerce providers equip their sites with game features to enhance customer loyalty, said today that it has raised $12 million in Series B financing. New investors Norwest Venture Partners and El Dorado Ventures led the round, which was joined by existing backers Trinity Ventures and Webb … Continue reading “Badgeville Rounds Up $12M”
$50 Million for Evernote
Evernote, the Mountain View, CA-based provider of a popular online notekeeping system, revealed today that it has raised $50 million in new funding. Sequoia Capital led the round, which was joined by Morgenthaler Ventures; both were previous backers of the company. Sequoia Partner Roelof Botha, formerly a board observer at Evernote, has assumed a full … Continue reading “$50 Million for Evernote”
Jawbone Collects $70M from J.P. Morgan
San Francisco-based Jawbone, known for its Bluetooth headsets and desktop speakers, said today that it has obtained $70 million in growth financing from J.P. Morgan Asset Management, bringing its total venture funding to $170 million. Jawbone CEO Hosain Rahman said in a statement that the new funding will allow Jawbone to “be even more aggressive” … Continue reading “Jawbone Collects $70M from J.P. Morgan”
Organovo’s Bio-Printing Technology Yields Unanticipated Revenue from Pharma Partners
When I met Organovo CEO Keith Murphy last year, he was searching for commercially viable products the San Diego startup could use to support its business while advancing its long-term goal of using living cells to create kidneys and other vital organs. More recently, a visibly excited Murphy told me he’s discovered an unmet need … Continue reading “Organovo’s Bio-Printing Technology Yields Unanticipated Revenue from Pharma Partners”
Andy Sack on Lighter Capital: Expanding Beyond RevenueLoan to Finance More “Weird Stuff that Makes Money”
Premium goat-milk ice cream. Bouncy-house rentals for kids’ parties. Electronic medical records for psychiatrists. None of these sound like your textbook target for early stage investors, who are often found hunting consumer tech startups that can turn into billion-dollar home runs. For ubiquitous Seattle investor and entrepreneur Andy Sack, that’s precisely the point. Those three … Continue reading “Andy Sack on Lighter Capital: Expanding Beyond RevenueLoan to Finance More “Weird Stuff that Makes Money””
Spark Capital’s Todd Dagres on NY vs. Boston, What’s Beyond Social Media, and Why Tech Investing Is Better Than Making Movies
“The time to invest in social media was two years ago.” That was a quote—or the gist of it, anyway—from Todd Dagres, co-founder and general partner of Spark Capital, during the venture panel at XSITE, Xconomy’s innovation summit last month. Dagres ought to know, since Spark is an investor in both Twitter and Tumblr, the … Continue reading “Spark Capital’s Todd Dagres on NY vs. Boston, What’s Beyond Social Media, and Why Tech Investing Is Better Than Making Movies”
Sorbent Therapeutics Seeks to Fight Heart Failure in Unusual Arena: The Gut
Heart failure is a huge market with 5 million sufferers in the U.S., but it can be a pretty dull space for investors, since it’s widely treated today with cheap generics that have been around a long time. So how is it that Sunnyvale, CA-based Sorbent Therapeutics was able to raise $53 million in venture … Continue reading “Sorbent Therapeutics Seeks to Fight Heart Failure in Unusual Arena: The Gut”
Outbrain Pushes Must-See Content, Attracts Venture Capitalist to its Ranks
News links in the social era get swapped much like baseball cards of old. Readers repost and Like topics they expect their friends to share an interest in. New York startup Outbrain is not out to become your Facebook buddy—but the company will steer you to stories it believes you want to see. Outbrain has … Continue reading “Outbrain Pushes Must-See Content, Attracts Venture Capitalist to its Ranks”