Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bc10be59-c9a6-4efa-8c78-6195950fedee&Preview=1 Date 6/30/2011 Company Name Sorbent Therapeutics Mailing Address 710 Lakeway Drive Sunnyvale, CA 94085 Company Description Sorbent Therapeutics is a biopharmaceutical company focused on the development of adaptable non-absorbed polymeric drugs to satisfy unmet clinical needs in large markets such as End Stage Renal Disease (ESRD), Congestive Heart Failure (CHF), Chronic … Continue reading “Sorbent Therapeutics Obtains $36,000,000 Series B Financing Round”
Dimension Data Acquires OpSource for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b721fe78-fc1c-491f-999a-026ef789af88&Preview=1 Date 6/30/2011 Company Name OpSource Mailing Address 5201 Great America Parkway Santa Clara, CA 95054 Company Description OpSource delivers Software-as-a-Service (SaaS) and Web applications for on-demand companies, with hundreds of applications, millions of users and billions of transactions supported daily. OpSource On-Demand, the leading Web operations solution, is defining how Web-based … Continue reading “Dimension Data Acquires OpSource for Undisclosed Sum”
ANSYS Acquires Apache Design Solutions for $310,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=17df6521-c99d-4f15-accb-4080d927c830&Preview=1 Date 6/30/2011 Company Name Apache Design Solutions Mailing Address 2645 Zanker Road San Jose, CA 95134 Company Description Apache delivers the leading power sign-off solution adopted by 80% of top IDMs, fabless semiconductor companies, and foundries, as well as complete platform solution for silicon integrity of SoC, analog-IP, and system designs. … Continue reading “ANSYS Acquires Apache Design Solutions for $310,000,000”
Lotus Tissue Repair Lands $26,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=631e92cc-2f10-4659-bf91-4c2bc43bcd75&Preview=1 Date 6/30/2011 Company Name Lotus Tissue Repair Mailing Address One Mifflin Place Cambridge, MA 02138 Company Description Lotus Tissue Repair is developing its proprietary recombinant human collagen Type VII (rC7) technology as a treatment for dermatologic conditions in which rC7 may play an important role in accelerating chronic wound healing, such … Continue reading “Lotus Tissue Repair Lands $26,000,000 Series A Financing Round”
NanoString Technologies Lands $2,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3f155443-9a67-4b1a-9e5c-6ceec4fcfc07&Preview=1 Date 6/30/2011 Company Name NanoString Technologies Mailing Address 530 Fairview Ave N Seattle, WA 98109 Company Description NanoString Technologies is developing a patent pending platform for single molecule identification and digital quantification. The NanoString system uniquely barcodes individual target molecules, scans them, and delivers a literal inventory of target molecules in … Continue reading “NanoString Technologies Lands $2,500,000 New Financing”
AEGEA Medical Garners $13,300,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b71ea263-230d-4a27-bc95-0d37094202f8&Preview=1 Date 6/30/2011 Company Name AEGEA Medical Mailing Address 2686 Middlefield Rd Redwood City, CA 94063 Company Description AEGEA Medical is a private, clinical-stage medical device company that is developing a novel treatment for abnormal uterine bleeding. The company’s products are not available for sale in the United States. Website http://www.aegeamedical.com Transaction … Continue reading “AEGEA Medical Garners $13,300,000 New Financing”
Graymatics Garners New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8f260813-6167-4acf-b31f-e0d66e767544&Preview=1 Date 6/30/2011 Company Name Graymatics Mailing Address 4555 Great America Parkway 3rd Floor Santa Clara, CA 95054 Company Description We provide a richly featured Platform as a Service, which is capable of organizing rich media data, based on true content, over the internet, networked video systems & proprietary media sources, optimized … Continue reading “Graymatics Garners New Funding Round”
Celladon Obtains $400,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=70347736-a020-4439-b31d-6c8c9b822960&Preview=1 Date 6/30/2011 Company Name Celladon Mailing Address 2223 Avenida de la Playa La Jolla, CA 92037 Company Description Celladon Corporation is an exciting new biotechnology company focused on developing treatments for cardiovascular diseases through the application of scientific discoveries in molecular cardiology. Website http://www.celladon.net Transaction Type Venture Equity Transaction Amount $400,000 … Continue reading “Celladon Obtains $400,000 New Funding”
Valen Technologies Secures $24,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bbba7f3e-7a34-4876-b454-10ac6c24bd4f&Preview=1 Date 6/30/2011 Company Name Valen Technologies Mailing Address 1730 Blake Street Denver, CO 80202 Company Description Valen currently focuses on the insurance industry, and will use this experience as a springboard for its expansion into other industries. Website http://www.valen.com Transaction Type Venture Equity Transaction Amount $24,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Valen Technologies Secures $24,000 New Round”
Fluensee Obtains $110,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9492591b-25e9-4283-bf4a-1ea67a88b6a5&Preview=1 Date 6/30/2011 Company Name Fluensee Mailing Address 9233 Park Meadows Drive Lone Tree, CO 80124 Company Description Fluensee develops and implements RFID-enabled solutions that improve the efficiency and effectiveness of tracking and managing assets. Our asset management solutions improve the visibility, accuracy, security and utilization of a company’s mobile and fixed … Continue reading “Fluensee Obtains $110,000 New Round”
Inflection Energy Obtains $40,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80b95883-ee56-4b1a-8fd8-1f6538f00732&Preview=1 Date 6/30/2011 Company Name Inflection Energy Mailing Address 1125 17th Street Denver, CO 80202 Company Description The company is a natural gas exploration and production company. Website Undisclosed Transaction Type Venture Equity Transaction Amount $40,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Good Energies
SageFire Obtains $2,198,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6161f631-48b6-4e9a-b67a-39de30c6af6f&Preview=1 Date 6/30/2011 Company Name SageFire Mailing Address 5757 Central Avenue Boulder, CO 80301 Company Description The company provides software applications and services. Website http://www.sagefire.com Transaction Type Venture Equity Transaction Amount $2,198,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Lacuna
Rebit Receives $3,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ff7f471a-4e75-4eca-8933-480289cb6be4&Preview=1 Date 6/30/2011 Company Name Rebit Mailing Address 2420 Trade Centre Ave Longmont, CO 80503 Company Description Rebit is an innovative new company all about relieving the burden of backup technology from the PC user. They just plug Rebit into a PC to get fully automated and continuous backup protection – no … Continue reading “Rebit Receives $3,000,000 New Financing”
Daily Deals for Moms Secures New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b4d57326-da85-462f-8200-6b43a2f3f304&Preview=1 Date 6/30/2011 Company Name Daily Deals for Moms Mailing Address 191 University Blvd Denver, CO 80206 Company Description Daily Deals for Denver Moms was born out of the desire to share great deals with Moms and Families throughout Denver and the Front Range. The idea is to feature great biz, drive … Continue reading “Daily Deals for Moms Secures New Round”
US e-Chromic Secures New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8b6bb3c8-dda0-42cc-bd6f-818d6f9243c1&Preview=1 Date 6/30/2011 Company Name US e-Chromic Mailing Address P.O. Box 11053 Boulder, CO 80301 Company Description US e-Chromic LLC is a cleantech company founded by Loren Burnett and Richelle Burnett for the purpose of commercializing technology developed by the National Renewable Energy Lab (NREL) in Golden Colorado. Website http://www.use-chromic.com Transaction Type … Continue reading “US e-Chromic Secures New Round”
Able Planet Lands $2,453,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fccefed4-756c-430f-b982-e9c941bc5886&Preview=1 Date 6/30/2011 Company Name Able Planet Mailing Address 10601 W. I-70 Frontage Road North Wheat Ridge, CO 80033 Company Description The company provides access to audio and communications devices for people with hearing loss, and preserves hearing by enabling all listeners to turn it down, without compromising full rich sound. Website … Continue reading “Able Planet Lands $2,453,000 New Funding Round”
Intern Receives $150,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3998f2c8-a24e-425f-b2b1-f22f25339708&Preview=1 Date 6/30/2011 Company Name Intern Mailing Address 7346 S. Alton Way Centennial, CO 80112 Company Description The company is an online internship services platform provider. Website http://www.interninc.com Transaction Type Venture Equity Transaction Amount $150,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor EPIC Ventures
cGate Health Secures $185,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=58ee1c6b-4aad-4013-857e-000feca7c37a&Preview=1 Date 6/30/2011 Company Name cGate Health Mailing Address 1250 Capital of Texas Hwy Building III Austin, TX 78746 Company Description The company develops health information technology solutions. Website http://www.cgatehealth.com Transaction Type Venture Equity Transaction Amount $185,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor DFJ … Continue reading “cGate Health Secures $185,000 New Funding Round”
Cinatra Clean Technologies Garners $1,570,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cd684e62-df61-40cc-ab47-04c98a93a72d&Preview=1 Date 6/30/2011 Company Name Cinatra Clean Technologies Mailing Address 11931 Wickchester Lane Houston, TX 77043 Company Description Cinatra Clean Technologies, Inc. is a Houston, Texas based technology company and is the exclusive licensed provider of BLABO process in the United States. Website http://www.cinatraclean.com Transaction Type Venture Equity Transaction Amount $1,570,000 Transaction … Continue reading “Cinatra Clean Technologies Garners $1,570,000 New Funding Round”
Vedero Software Lands $835,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7a9d2643-86bf-4a5d-83f8-0b1f84990f98&Preview=1 Date 6/30/2011 Company Name Vedero Software Mailing Address 2805 North Dallas Parkway Plano, TX 75093 Company Description Vedero Software provides software and services to instrument and automate commercial buildings for energy responsiveness. This enables our customers to generate cash, reduce energy costs, and generate added services to attract and retain tenants, … Continue reading “Vedero Software Lands $835,000 New Financing”
CollegeDegrees.com Lands $35,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=101c5842-b897-441d-8ed8-16920b2dcba2&Preview=1 Date 6/30/2011 Company Name CollegeDegrees.com Mailing Address 1001 McKinney Street Houston, TX 77002 Company Description CollegeDegrees.com is an Internet media company that acquires and develops high-quality Web sites in the online education vertical. We combine our proprietary technology, processes and high quality content to create sites that are both highly profitable … Continue reading “CollegeDegrees.com Lands $35,000,000 New Financing Round”
Shona Energy Secures $4,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6bf61197-1655-4052-8ac0-1789640608b8&Preview=1 Date 6/30/2011 Company Name Shona Energy Mailing Address 675 Bering Drive Houston, TX 77057 Company Description Shona Energy Company is a private oil and gas exploration and development company owned by Shona management and various institutional investors. Our primary area of interest is South America. Shona was formed in early 2005 … Continue reading “Shona Energy Secures $4,000,000 New Financing”
Molecular Templates Obtains $1,410,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=12d3c252-3ef0-456c-ba6a-4bb62562da3e&Preview=1 Date 6/30/2011 Company Name Molecular Templates Mailing Address 111 W. Cooperative Way Georgetown, TX 78626 Company Description Molecular Templates Inc. is creating an entirely new generation of potent anti-cancer agents based on proprietary applied proteomics technologies.The novel therapeutic agents in development by MTI are aimed particularly at melanoma, prostate and other … Continue reading “Molecular Templates Obtains $1,410,000 New Financing Round”
GeoTrace Technologies Garners $827,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0acf56d3-2075-47b7-ac91-546685e7f503&Preview=1 Date 6/30/2011 Company Name GeoTrace Technologies Mailing Address 12141 Wickchester Lane Houston, TX 77079 Company Description These days, the most efficient route to the largest discoveries is not a straight line. It’s a winding, looping, zig-zagging journey to the core. For that journey, Geotrace offers the world’s most comprehensive reservoir seismic … Continue reading “GeoTrace Technologies Garners $827,000 New Financing Round”
Oxane Materials Lands $8,550,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ddb73328-e324-4a24-9517-67bb42513d11&Preview=1 Date 6/30/2011 Company Name Oxane Materials Mailing Address 467 West 38th Street Houston, TX 77018 Company Description Oxane Materials, Inc. is an energy-focused nanoproducts company. The principal product under development is an oil and gas recovery enhancer, OxFrac. Follow-on products include sour gas abatement technologies, high temperature stable PEM fuel cell … Continue reading “Oxane Materials Lands $8,550,000 New Round”
US Renal Care Garners $295,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e332c258-3e32-45d3-bb7c-6f79aba3627e&Preview=1 Date 6/30/2011 Company Name US Renal Care Mailing Address 2400 Dallas Parkway Plano, TX 75093 Company Description The company’s clinics provide in-center hemodialysis and at home peritoneal dialysis services related to end stage renal disease (“ESRD”). In addition to operating HD and PD programs the company also manages several acute setting … Continue reading “US Renal Care Garners $295,000 New Round”
RF Code Receives $3,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fa514452-f915-4f24-b7cc-76f65529364c&Preview=1 Date 6/30/2011 Company Name RF Code Mailing Address 9229 Waterford Centre Blvd. Austin, TX 78758 Company Description RF Code is a premier developer of hybrid RFID data management software and enabling technologies. Our TAVIS software suite is a comprehensive management platform for Auto-ID data collection and distribution. Website http://www.rfcode.com Transaction Type … Continue reading “RF Code Receives $3,000,000 New Funding”
Performix Garners $120,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=984bcc8a-3814-40b7-95fb-9bb06f2826f9&Preview=1 Date 6/30/2011 Company Name Performix Mailing Address 9800 Richmond Ave. Houston, TX 77042 Company Description Performix Inc, was founded by a team of experts with extensive experience in delivering state of the art automation, execution, and supply chain solutions in the pharmaceutical, food, chemical, and oil & gas industries.Performix focuses on … Continue reading “Performix Garners $120,000 New Funding”
Univa UD Garners $183,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0bedc1a3-addf-408f-adc8-9eb4cd61f28d&Preview=1 Date 6/30/2011 Company Name Univa UD Mailing Address 9737 Great Hills Trail Austin, TX 78759 Company Description United Devices, based in Austin, provides grids that link computers and systems around the world to solve problems. Website http://www.ud.com Transaction Type Venture Equity Transaction Amount $183,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Univa UD Garners $183,000 New Financing Round”
Spredfast Receives $2,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d1ef289e-db20-4732-b836-a452f0332efa&Preview=1 Date 6/30/2011 Company Name Spredfast Mailing Address 412 Congress Ave 2nd Floor Austin, TX 78701 Company Description Spredfast’s social media campaign management platform allows organizations to manage, monitor, and measure their messages and voices across multiple social media channels. As the first comprehensive social media dashboard, social media engagement through Spredfast … Continue reading “Spredfast Receives $2,000,000 New Round”
ProspX Obtains $1,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=606a3327-9960-43b0-8086-aac27c2b091b&Preview=1 Date 6/30/2011 Company Name ProspX Mailing Address 7600B N Capital of TX Hwy Austin, TX 78731 Company Description ProspX was founded in 2005 by industry veterans that saw a unique opportunity to improve many of the inefficiencies that exist in today’s $500 billion dollar a year commercial insurance industry. Since its … Continue reading “ProspX Obtains $1,500,000 New Financing Round”
TAS Energy Garners New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a895a364-4762-4423-8dbe-ac6085e7dbb6&Preview=1 Date 6/30/2011 Company Name TAS Energy Mailing Address 6110 Cullen Blvd Houston, TX 77021 Company Description The company has pioneered and patented the technology and is recognized as the world leader in the industry with over 60% of the world’s TIC market share. In fact, since 1999, TAS Energy has chilled … Continue reading “TAS Energy Garners New Financing”
Glycos Biotechnologies Garners $7,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a16cc220-832d-47be-b028-acf2bb8bfa25&Preview=1 Date 6/30/2011 Company Name Glycos Biotechnologies Mailing Address 711 Leverkuhn Houston, TX 77007 Company Description GlycosBio is transforming the fuels and chemicals industries with biological systems that can flexibly manufacture high value products from a wide range of feedstocks. Website http://www.glycosbio.com Transaction Type Venture Equity Transaction Amount $7,000,000 Transaction Round Undisclosed … Continue reading “Glycos Biotechnologies Garners $7,000,000 New Financing Round”
NaturallyCurly.com Receives $1,200,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d5a36819-aed4-4718-b164-b708e07dabfc&Preview=1 Date 6/30/2011 Company Name NaturallyCurly.com Mailing Address 6604 North Lamar Blvd Austin, TX 78752 Company Description NaturallyCurly.com is the leader in the online curly hair care market that effectively reaches more than 120,000 unique, highly targeted visitors every month, and over 15,000 active registered members of whom over 6,600 have purchased … Continue reading “NaturallyCurly.com Receives $1,200,000 New Round”
Simplifi Holdings Secures $1,206,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=10d7f4e1-b9b7-4d12-881f-bf382092276a&Preview=1 Date 6/30/2011 Company Name Simplifi Holdings Mailing Address 1407 Texas Street Fort Worth, TX 76102 Company Description Simpli.fi is a full-service, Demand-Side Platform or DSP. Practically this means that we help Advertisers, Networks, and Agencies to purchase display (e.g. banners) inventory on an impression-by-impression basis from thousands of publishers across all … Continue reading “Simplifi Holdings Secures $1,206,000 New Financing”
Marval Biosciences Lands $240,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6028568d-2323-4fc6-a001-c5e98e0c4795&Preview=1 Date 6/30/2011 Company Name Marval Biosciences Mailing Address 1302 Waugh Dr. Houston, TX 77019 Company Description Marval Biosciences is a developer of a less-toxic dye for computed tomography, or CT, scans. Website http://www.marvalbiosciences.com Transaction Type Venture Equity Transaction Amount $240,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “Marval Biosciences Lands $240,000 New Funding”
Specialty Therapeutic Care Secures $1,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1cd4ef55-b1f1-49d5-866e-d491e3bfc221&Preview=1 Date 6/30/2011 Company Name Specialty Therapeutic Care Mailing Address 6610 W Sam Houston Pkwy N Houston, TX 77041 Company Description Specialty Therapeutic Care is an organization dedicated to meeting the specialized needs of individuals with chronic or life threatening disorders. Through high quality care management, we continually devote ourselves to provide … Continue reading “Specialty Therapeutic Care Secures $1,000,000 New Round”
DNAtriX Obtains $72,500 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1f5cbbcd-4021-48d2-aead-d8619373c0c3&Preview=1 Date 6/30/2011 Company Name DNAtriX Mailing Address One Greenway Plaza Houston, TX 77046 Company Description DNAtriX, Inc. is a Texas-based biotechnology company focused on the development of an oncoloytic virus platform initially for the treatment of malignant glioma. DNAtriX’s lead product, delta24RGD, is a next-generation adenovirus invented by company founder Dr. … Continue reading “DNAtriX Obtains $72,500 New Funding”
Nitero Receives $1,612,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fe66bc44-0cdc-4eae-9193-d8f19be0f438&Preview=1 Date 6/30/2011 Company Name Nitero Mailing Address 1717 W 6th Street Austin, TX 78703 Company Description Nitero is a fabless semiconductor company with offices in Austin, Texas and Melbourne Australia. We are designing an ultra-low power 60 GHz 802.11ad Wi-Fi solution that performs at speeds up to 10X faster than even … Continue reading “Nitero Receives $1,612,000 New Funding Round”
Dendreon Gets FDA Nod for New LA Cancer Drug Factory
Seattle-based Dendreon (NASDAQ: [[ticker:DNDN]]) said today that it has won clearance from the FDA to start manufacturing its immune-boosting drug for prostate cancer at a new factory in the Los Angeles area. The manufacturing plant OK, which was widely expected by analysts, means that Dendreon now has its first new location to produce its treatment … Continue reading “Dendreon Gets FDA Nod for New LA Cancer Drug Factory”
Maxwell Gets $500K to Advance Ultracapacitor Technologies
San Diego ultracapacitor maker Maxwell Technologies (Nasdaq: [[ticker:MXWL]]), says it’s getting more than $500,000 in government funding to collaborate on energy storage and R&D programs with three other U.S. companies. Maxwell and Yardney Technical products of Pawcatuck, CT, will get $300,000 under a Small Business Innovation Research grant to integrate Maxwell’s high power-density with Yardney’s … Continue reading “Maxwell Gets $500K to Advance Ultracapacitor Technologies”
Vendio Buys SingleFeed
San Francisco-based SingleFeed, which helps e-retailers format product data so that it can be found more easily via comparison shopping engines, has been acquired by San Mateo, CA-based e-commerce software provider Vendio, according to a June 28 announcement. Financial terms of the deal weren’t disclosed. SingleFeed was backed by True Ventures, KPG Ventures, and NetService … Continue reading “Vendio Buys SingleFeed”
FaceCash Shuts Down in CA
FaceCash, a mobile payment system launched by Palo Alto, CA-based Think Computer Corporation and profiled by Xconomy in February, said today that it has shut down operations in California and is refunding deposits made by California residents. The company says it determined that it would was unlikely to receive a license from the state to … Continue reading “FaceCash Shuts Down in CA”
Connected Connects with $500K
San Francisco-based Connected, a maker of simplified, Web-based contact management tools, said today that it has raised $500,000 in seed funding. Trinity Ventures led the seed round, which was joined by Ignition Partners and 500 Startups and individual investors Christopher Michel, Michael Hoydich, and Mark Gray. “Our innovation is that we’ve removed all the mundane … Continue reading “Connected Connects with $500K”
$30M for RockMelt
RockMelt, the Mountain View, CA-based maker of a “social browser” integrated with Facebook and other social media services, said today that it has collected $30 million in Series B financing. New investors Accel Partners and Khosla Ventures led the round, which was joined by existing investor Andreessen Horowitz. The company said it will use the … Continue reading “$30M for RockMelt”
Genentech Shot Down at FDA Hearing on Avastin for Breast Cancer
Genentech has had a lot of good fortune in its dealings with the FDA over the years, but it was dealt a significant setback today. The South San Francisco-based biotech company, a unit of Switzerland-based Roche, failed to win over an FDA advisory panel that was asked to weigh in on whether bevacizumab (Avastin) should … Continue reading “Genentech Shot Down at FDA Hearing on Avastin for Breast Cancer”
Hookit Goes Mobile and Hits the Road to Build its Online Brand, Audience
Southern California might well be the coastal lifestyle capital of the U.S., replete with hundreds of action sports and apparel companies, and scores of competitive events for surfers, skateboarders, BMX riders, and other extreme lifestyle sporting events. Connecting the up-and-coming amateurs with prospective corporate sponsors has become the online province of San Diego-based Hookit.com, which … Continue reading “Hookit Goes Mobile and Hits the Road to Build its Online Brand, Audience”
Acetylon, Backed by Patriots Owner Bob Kraft, Snags $27M to Develop New Cancer Drugs
Boston-based Acetylon Pharmaceuticals has been pursuing one of the hottest fields in cancer biology the past couple years, and today it said it was able to scrape together a sizable amount of money to execute on its game plan. The company, founded two years ago on scientific work at Harvard University and the Dana-Farber Cancer … Continue reading “Acetylon, Backed by Patriots Owner Bob Kraft, Snags $27M to Develop New Cancer Drugs”
New York Angels Play Fast but Tough in the City’s Startup Scene
The New York Angels is a group of 61 individual investors who have invested more than $40 million in more than 70 startups ever since the group launched in 1997. The organization’s vice chairman is Brian Cohen, who himself has a long history of entrepreneurship—the lessons from which he tries to pass along to the … Continue reading “New York Angels Play Fast but Tough in the City’s Startup Scene”
Apture Seeks to Keep Web Readers Glued On Sites Longer, While Still Enabling Them to Explore the Web
The Web giveth and the Web taketh away. On the giveth side, the Web is a great medium for publishers because of its low distribution costs, and because of all the free traffic that results when search engines and other sites create links to a publisher’s pages. On the taketh side, the Web’s abundance and … Continue reading “Apture Seeks to Keep Web Readers Glued On Sites Longer, While Still Enabling Them to Explore the Web”