Nimbus Discovery Obtains $24,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f73bbff3-5e1e-4d1e-825d-2f07f8ab53f6&Preview=1 Date 6/28/2011 Company Name Nimbus Discovery Mailing Address 25 First Street Cambridge, MA 02141 Company Description Nimbus Discovery is applying advances in computer-based drug discovery to unlock fundamental biological pathways. Nimbus has already delivered selective, potent, and differentiated compounds within the first year for two disease targets, IRAK4 and ACC, which … Continue reading “Nimbus Discovery Obtains $24,000,000 Series A Funding Round”

InfraReDx Lands $24,100,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6db59204-0b0b-4886-ab99-a7ba1b50f156&Preview=1 Date 6/28/2011 Company Name InfraReDx Mailing Address 34 Third Avenue Burlington, MA 01803 Company Description The company has now developed a fiber-optic, catheter-based, near infrared (NIR) spectroscopy system designed to characterize the composition of coronary plaques in patients undergoing catheterization. This NIR system is currently being evaluated in a clinical study. … Continue reading “InfraReDx Lands $24,100,000 New Financing”

Inkd Receives $3,500,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e33de3e-2042-4226-8374-793fdd266d2a&Preview=1 Date 6/28/2011 Company Name Inkd Mailing Address 911 Western Ave Seattle, WA 98104 Company Description We are an experienced team, working hard to create the world’s first online marketplace for cutting edge print designs. This marketplace is targeted at the business sector. We know we can’t do this without great designers, … Continue reading “Inkd Receives $3,500,000 New Funding Round”

Viralheat Obtains $4,250,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1c64763b-c6c9-46cc-9d04-587ada36ed84&Preview=1 Date 6/28/2011 Company Name Viralheat Mailing Address 1705 Alder Creek Court San Jose, CA 95148 Company Description Viralheat is a social media measurement platform that allows you to track topics, brands, television shows, and movies across many different mediums all in one place using the best technology. Profile API calls allows … Continue reading “Viralheat Obtains $4,250,000 Series A Funding”

Live Gamer Lands $587,449 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3c96107d-13ef-484e-8918-3dba61f92b03&Preview=1 Date 6/28/2011 Company Name Live Gamer Mailing Address 678 Broadway Fifth Floor New York, NY 10012 Company Description Live Gamer enables a complete marketplace solution for the player-to-player trading of virtual items. Through our partnerships with leading publishers and developers worldwide, players now have a convenient, secure, and reliable outlet to … Continue reading “Live Gamer Lands $587,449 New Funding”

RealDirect Receives $2,000,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ce5fef5e-cc39-4131-b268-61d4c20f2a16&Preview=1 Date 6/28/2011 Company Name RealDirect Mailing Address 22 W. 21st St. 10th Floor New York, NY 10010 Company Description At RealDirect, our mission is to help sellers more efficiently price, advertise and ultimately sell their homes. Whether sellers want to sell themselves or get help from an agent, we provide the … Continue reading “RealDirect Receives $2,000,000 Series A Financing”

Coursekit Lands $1,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a9c4c95-e134-4d51-bfb1-6f16f2bd98f2&Preview=1 Date 6/28/2011 Company Name Coursekit Mailing Address 40 Wall Street 32nd Floor New York, NY 10005 Company Description We’ve re-imagined what a class should look like online. We give instructors and students amazingly designed tools to manage their courses – gradebook, calendaring, file management – and we make it unbelievably easy … Continue reading “Coursekit Lands $1,000,000 New Financing”

On-Ramp Wireless Secures $11,498,741 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2f6841d4-34fe-4ce6-a89b-963d032c5f80&Preview=1 Date 6/28/2011 Company Name On-Ramp Wireless Mailing Address 10920 Via Frontera San Diego, CA 92127 Company Description On-Ramp Wireless has developed the first wireless system purpose-built to efficiently connect billions of hard-to-reach devices in metro scale and other challenging environments. Website http://www.onrampwireless.com Transaction Type Venture Equity Transaction Amount $11,498,741 Transaction Round … Continue reading “On-Ramp Wireless Secures $11,498,741 New Funding Round”

EggCartel Receives $1,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b183f51b-f6e2-49d4-bfb7-5fdfeae96f8c&Preview=1 Date 6/28/2011 Company Name EggCartel Mailing Address 760 Market Street San Francisco, CA 94102 Company Description EggCartel was founded in 2010 by Dan Zheng and Brian Lynch, former Google and Playdom engineers. Frustrated by the pain and hassle of buying and selling used furniture, sports equipment, and electronics online, they created … Continue reading “EggCartel Receives $1,000,000 New Financing Round”

FlashSoft Lands $3,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cb25324f-2a39-4929-b8db-94c2160ebddc&Preview=1 Date 6/28/2011 Company Name FlashSoft Mailing Address 883 N. Shoreline Blvd Mountain View, CA 94043 Company Description Some of the biggest initiatives in the enterprise today are constrained by a fundamental infrastructure problem: how to increase input-output (IO) performance and make much larger amounts of data accessible in working memory. The … Continue reading “FlashSoft Lands $3,000,000 Series A Funding Round”

Vendio Acquires Singlefeed.com for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4c965830-7ba6-486f-a2fb-9b00d06c4bc6&Preview=1 Date 6/28/2011 Company Name Singlefeed.com Mailing Address 530 Howard Street San Francisco, CA 94105 Company Description SingleFeed, a Comparison Ventures, Inc. company, helps small- and medium-sized online merchants quickly and easily syndicate their products to multiple shopping comparison engines like Google Base, Yahoo! Shopping, Shopping.com, Shopzilla, NexTag, and PriceGrabber. Website http://www.singlefeed.com … Continue reading “Vendio Acquires Singlefeed.com for Undisclosed Sum”

Aptera Motors Obtains $2,225,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3136b922-e365-4cc2-9ff0-6d972d3c18f5&Preview=1 Date 6/28/2011 Company Name Aptera Motors Mailing Address 2778 Loker Ave W Carlsbad, CA 92010 Company Description The company is developing a futuristic hybrid automobile. Website http://www.aptera.com Transaction Type Debt Transaction Amount $2,225,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. Amount may include options, warrants or other rights … Continue reading “Aptera Motors Obtains $2,225,000 New Funding”

Experian Acquires Medical Present Value for $185,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ccf88ff8-efaa-457d-9e31-1a77153c67b3&Preview=1 Date 6/28/2011 Company Name Medical Present Value Mailing Address 5000 Plaza on the Lake Austin, TX 78746 Company Description MPV provides medical groups with financial tools and expert consultative services to monitor payor performance, verify reimbursement, reduce registration, coding and posting errors, negotiate better contracts and improve overall cash flow. Website … Continue reading “Experian Acquires Medical Present Value for $185,000,000”

Verve Wireless Charts Local Media Trends on Mobile Devices

[Corrected 6/27/11 8:25 pm. See Below] When I profiled Verve Wireless almost nine months ago, the Encinitas, CA-based startup was providing its web-based technology for some 750 newspaper publishers and broadcast stations throughout the United States. Today, more than 1,200 local newspapers and broadcasters use Verve’s platform to publish their content and serve ads to … Continue reading “Verve Wireless Charts Local Media Trends on Mobile Devices”

Moda Operandi Raises $10 Million

Moda Operandi, a New York-based online luxury apparel retailer, said Monday it raised $10 million in series B financing in a round led by venture capital firm New Enterprise Associates. Previous investor New Atlantic Ventures also invested in the round. Moda Operandi users can pre-order apparel from designers such as Marc Jacobs, Vera Wang, and Missoni … Continue reading “Moda Operandi Raises $10 Million”

The Supreme Court’s 7-2 Decision on Video Games as Free Speech Masks a 5-4 Split

The Supreme Court today released its opinion regarding California’s attempt to ban the sale of so-called violent video games to those under 18. My company, Vindicia, filed an amicus brief in the case, Brown v. Entertainment Merchant’s Association, to make sure the Court was aware of the ramifications of the California law in the digital … Continue reading “The Supreme Court’s 7-2 Decision on Video Games as Free Speech Masks a 5-4 Split”

Lost In Translation: Ford Teams With Nuance Communications To Master Human Language

“Call John Smith.” “I wanna call John Smith.” At first glance, these sentences look pretty similar. But try telling that to the voice recognition technology behind Ford Motor’s SYNC system. You might as well be speaking Greek. Voices recognition software has come a long way in recent years. Google’s Android platform, for example, allows users … Continue reading “Lost In Translation: Ford Teams With Nuance Communications To Master Human Language”

Verenium and Novus Collaborate to Develop New Enzymes for Animal Markets

San Diego-based Verenium, which retained a library of industrial enzymes following last year’s buyout of its cellulosic biofuels business, is announcing a strategic collaboration today with Novus International, a St. Louis, MO-based maker of animal nutrition and health products. The partners plan to jointly develop and commercialize a series of enzymes from Verenium’s late-stage product … Continue reading “Verenium and Novus Collaborate to Develop New Enzymes for Animal Markets”

Fighting the Froth and Fluff: New York Tech Investors See Strengths in Digital Media Startups, Challenges in “Me-Tooism”

Venture capitalists and early-stage investors in New York may occasionally pull on their Wellington boots to wade through the muck of startups flooding the market, but they are not grumbling about it. The trick is sifting through the me-too entrepreneurs that develop ideas along the lines of Foursquare, which raised $50 million last Friday, and … Continue reading “Fighting the Froth and Fluff: New York Tech Investors See Strengths in Digital Media Startups, Challenges in “Me-Tooism””

Doximity, Chirply, IPO Anxiety: The 1-Minute Version of Last Week’s Bay Area BizTech News

I’m in re-entry mode after a week’s vacation in northern Michigan, which means I’m catching up on everything my colleagues published while I was away. Here’s a quick rundown of last week’s business and technology news from Xconomy San Francisco (including a couple of pieces I wrote before my trip): —The IPO market may be … Continue reading “Doximity, Chirply, IPO Anxiety: The 1-Minute Version of Last Week’s Bay Area BizTech News”

The New York Venture Summit

More than 25 leading venture capitalists will speak at this two-day event, which also features pitches by technology, life sciences, and cleantech startups. Featured speakers and judges include Jon Edelson of Ascent Biomedical Ventures, Brad McManus of Panasonic Venture Group, and Jim Sledzik of Energy Ventures US. Register here.

BlueArc Re-files for IPO

San Jose, CA-based data and storage management company BlueArc announced Friday that it has restarted the registration process for an initial public offering, on hold since 2008. BlueArc hopes to raise $100 million in the offering, according to its official S-1 filing with the Securities and Exchange Commission.

A Talk With Ziff Davis’ Steve Horowitz

Ziff Davis chief operating officer Steve Horowitz will be speaking and presenting data on trends in tablet, mobile, and cloud computing, and how those trends will alter product considerations and planning. Free drinks and snacks will be served. Register here.

Qualcomm Moves to Expand Development of Augmented Reality, VCs See More Funding for Cloud Computing, Ortiva Gets $2M, & More San Diego BizTech News

Qualcomm has been funding some impressive R&D work on augmented reality (AR) at its research centers around the world. Could the technology really revolutionize the mobile graphical user interface? It’s time to find out. Your roundup begins now. —Qualcomm’s Jay Wright outlined the San Diego wireless giant’s strategy for advancing augmented reality by encouraging development … Continue reading “Qualcomm Moves to Expand Development of Augmented Reality, VCs See More Funding for Cloud Computing, Ortiva Gets $2M, & More San Diego BizTech News”

Bristol Churns Out Diabetes Data

New York-based Bristol-Myers Squibb (NYSE: [[ticker:BMY]]) and development partner AstraZeneca (NYSE: [[ticker:AZN]]) released data from several studies at the 71st American Diabetes Association Scientific Sessions in San Diego. In a Phase 3 extension study, the investigational compound dapagliflozin plus metformin produced sustained gylcemic control and weight reduction in patients with Type 2 diabetes. In a longer-term, … Continue reading “Bristol Churns Out Diabetes Data”

Betting That Biotech Will Bring the FDA to Heel? Don’t Count On It

When Minnesota Democrat Al Franken and Massachusetts Republican Scott Brown line up on the same side of an issue, my first guess would usually be that it’s to vote on some meaningless resolution in favor of apple pie. Or, like now, it could be a sign that a controversial, potentially transformative piece of legislation is … Continue reading “Betting That Biotech Will Bring the FDA to Heel? Don’t Count On It”

Genentech Scoops Up Tumor-Starving Drug Program From Forma Therapeutics In Rare Deal

Genentech doesn’t acquire many drugs from other people, partly because it has a prolific internal R&D operation. But the South San Francisco-based unit of Roche, the world’s biggest maker of cancer treatments, is announcing an unusual deal today in which it is paying to get an early-stage cancer drug program from Cambridge, MA-based Forma Therapeutics … Continue reading “Genentech Scoops Up Tumor-Starving Drug Program From Forma Therapeutics In Rare Deal”

Tachi Yamada, Former Gates Foundation Leader, Joins Frazier for New VC Gig

Tachi Yamada ran what you could call the world’s largest nonprofit venture fund for high-risk, high-reward global health ideas the past five years. Now he’s going to apply that same feel for risk and reward in the traditional venture capital business. Yamada, 66, the former president of global health at the Bill & Melinda Gates … Continue reading “Tachi Yamada, Former Gates Foundation Leader, Joins Frazier for New VC Gig”

Black Duck Adds Jobs, Sees Transition to Helping Software Developers Use Open Source Tools

Black Duck Software CEO Tim Yeaton says his Waltham, MA-based company is fulfilling a mission that it set out on when he started two and a half years ago. “We enable organizations that are building software products and applications to use open source components successfully in their development,” Yeaton says. Black Duck was initially known … Continue reading “Black Duck Adds Jobs, Sees Transition to Helping Software Developers Use Open Source Tools”

SensAble Technologies Lands $740,853 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0b118808-b1dc-4f68-b473-c462c1d1fcc0&Preview=1 Date 6/27/2011 Company Name SensAble Technologies Mailing Address 181 Ballardvale Street Wilmington, MA 01887 Company Description Founded in 1993, SensAble Technologies is a leading developer of 3D touch-enabled (force feedback) solutions and technology that allow users to not only see and hear an on-screen computer application, but to actually ‘feel’ it. … Continue reading “SensAble Technologies Lands $740,853 New Financing Round”

Segetis Lands $7,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a5b022ca-b808-4377-a993-1db4f3b34f07&Preview=1 Date 6/27/2011 Company Name Segetis Mailing Address 680 Mendelssohn Avenue N. Golden Valley, MN 55427 Company Description Segetis is a green chemistry company developing a variety of bio-based chemical products from renewable agricultural and forestry feedstocks. Segetis advances cost-competitive technologies for generating the second wave of industrial bioproducts – high value … Continue reading “Segetis Lands $7,000,000 Series B Funding”

VivoTech Obtains $24,000,000 Series C Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4a28fa7f-5e40-4ae8-b55e-cc7c5b2a1c3a&Preview=1 Date 6/27/2011 Company Name VivoTech Mailing Address 451 El Camino Real 2nd Floor Santa Clara, CA 95050 Company Description ViVOtech is the leading software provider of NFC mobile phone payments, Over-the-Air (OTA) provisioning of promotions and payment cards and smart poster applications. Website http://www.vivotech.com Transaction Type Venture Equity Transaction Amount $24,000,000 … Continue reading “VivoTech Obtains $24,000,000 Series C Funding”

Atossa Genetics Secures $6,600,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a46139e-6737-4dbc-afe6-54a06598961e&Preview=1 Date 6/27/2011 Company Name Atossa Genetics Mailing Address 4105 E Madison St Seattle, WA 98112 Company Description We are a healthcare company focused on the development and marketing of novel cellular and molecular diagnostic risk assessment products for breast cancer. Website http://www.atossagenetics.com Transaction Type Venture Equity Transaction Amount $6,600,000 Transaction Round … Continue reading “Atossa Genetics Secures $6,600,000 New Round”

Moda Operandi Secures $10,000,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e748246a-17ae-461b-a4f0-0f0430af566d&Preview=1 Date 6/27/2011 Company Name Moda Operandi Mailing Address Undisclosed New York, NY 10001 Company Description Moda Operandi is the first online luxury fashion retailer to allow members to pre-order tomorrow’s styles today. Working closely with the world’s top designers such as Marc Jacobs, Isabel Marant, Proenza Schouler, Vera Wang and Missoni; … Continue reading “Moda Operandi Secures $10,000,000 Series B Financing”

ScrollMotion Secures $3,999,996 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=88900517-8992-4b1b-aa2a-76d66f0b7e5c&Preview=1 Date 6/27/2011 Company Name ScrollMotion Mailing Address 7 Penn Plaza New York, NY 10001 Company Description The company develops mobile application technology for Apple platform devices. Website http://www.scrollmotion.com Transaction Type Venture Equity Transaction Amount $3,999,996 Transaction Round Series B Proceeds Purposes Proceeds purposes were not disclosed. Amount may include options, warrants … Continue reading “ScrollMotion Secures $3,999,996 Series B Funding Round”

Navigating Cancer Treatment in the New Era of Personalized Medicine

In the surreal shift from “disease expert” to “disease patient,” scientists who are diagnosed with the illnesses they study often learn life-altering lessons about therapeutic dilemmas and personal powerlessness. Laura Shawver has taken that journey, and she is using the lessons she learned to help other patients navigate treatment options. A cancer researcher and biotech … Continue reading “Navigating Cancer Treatment in the New Era of Personalized Medicine”

San Diego and Orange County Medical Devices Combine

An all-day conference on medical devices and diagnostics that includes keynote presentations, panel discussions and, new to the conference this year, workshops that are focused on moving from theory to practice. More information and online registration is available here.

Summer Wine Social

The annual wine social of the MIT Enterprise Forum San Diego is recognized as the premier networking event for San Diego’s technology and biotechnology community. More than 700 growth company entrepreneurs, executives, innovators, investors, and service providers make this signature event the networking evening of the year. There’s wine too. More information and online registration … Continue reading “Summer Wine Social”

Hot Flash Havoc: Everything You Need to Know About Menopause*

Hot Flash Havoc is a crash-course on menopause. Proceeds from this documentary will support the non-profit San Diego-based Institute for Sexual Medicine (ISM) at Alvarado Hospital. The film sheds new light on the confusion stemming from a decade of misguided facts, and conveys poignant personal stories. A panel discussion afterward features local and national experts … Continue reading “Hot Flash Havoc: Everything You Need to Know About Menopause*”

Foursquare Receives $50,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0913c2d3-3cdd-4942-bda3-5585838395d1&Preview=1 Date 6/25/2011 Company Name Foursquare Mailing Address 1345 Avenue Of The Americas New York, NY 10000 Company Description We’re all about helping you find new ways to explore the city. We’ll help you meet up with your friends and let you earn points and unlock badges for discovering new places, doing … Continue reading “Foursquare Receives $50,000,000 New Funding Round”

Foursquare Bags $50 Million

Location-based mobile giant Foursquare has raised a $50 million funding round, according to the company’s blog. Investors included Andreessen-Horowitz, Spark Capital, and previous investors O’Reilly AlphaTech Ventures, and Union Square Ventures. The company plans to add engineers to its current staff of 70, boost its merchant offerings, and expand internationally. Although buzz put the valuation … Continue reading “Foursquare Bags $50 Million”

The Auto Magnate and the Scientist: How Mass General is Working With Lee Iacocca to Find a Diabetes Cure

What happens when a guy who got wealthy selling cars hands millions of dollars to a scientist and tells her how to spend it? Folks attending the American Diabetes Association conference starting today in San Diego are getting a hint of the answer to that question. Denise Faustman, director of the Massachusetts General Hospital (MGH) … Continue reading “The Auto Magnate and the Scientist: How Mass General is Working With Lee Iacocca to Find a Diabetes Cure”

Mimeo.com Raises $10.7M

Mimeo.com, a New York-based provider of online and on-demand document printing services, raised $10.7 million in equity according to a regulatory filing with the SEC. Mimeo’s board includes directors from its investors HarbourVest Partners and Draper Fisher JGV Fund, according to the filing. Dow Jones VentureWire initially reported the funding announcement. Mimeo has not yet … Continue reading “Mimeo.com Raises $10.7M”

StorSimple Scores $10.5M Led by Ignition

Santa Clara, CA-based StorSimple announced it has closed a $10.5 million Series C financing round led by Ignition Partners, based in the Seattle area. The company’s other previous investors, including Index Ventures, Mayfield Fund, and Redpoint Ventures, also participated in the round. StorSimple, which has raised a total of $31.5 million to date, focuses on … Continue reading “StorSimple Scores $10.5M Led by Ignition”

Durect Plunges on FDA Ruling

Shares of Durect (NASDAQ: [[ticker:DRRX]]), a Cupertino-based developer of drug-delivery technologies, fell 30 percent in morning trading to $2.21 after the FDA handed a complete-response letter to licensing partner Pfizer (NYSE: [[ticker:PFE]]) on an extended-release version of the pain drug oxycodone. The product, called Remoxy, is being developed by New York-based Pfizer and Pain Therapeutics (NASDAQ: [[ticker:PTIE]]) of … Continue reading “Durect Plunges on FDA Ruling”

Nuance Slaps Vlingo With False Advertising Lawsuit As Latest Move In Legal Battle

The patent litigation between Burlington, MA-based Nuance Communications (NASDAQ: [[ticker:NUAN]]) and Cambridge, MA-based Vlingo is nothing new. A false advertising lawsuit is, though. Earlier this week, Nuance filed such a lawsuit against Vlingo in Suffolk County Superior Court. The suit asserts that Vlingo, on its website and elsewhere, “makes numerous false and misleading representations of … Continue reading “Nuance Slaps Vlingo With False Advertising Lawsuit As Latest Move In Legal Battle”