Reports Say Google Wants to Buy Admeld

Sounds like Google, the Mountain View, CA-based search and advertising giant, is out to acquire another advertising-technology startup. This time it’s Admeld, the New York-based provider of software designed to help Web publishers earn more from advertisers. But there are conflicting media reports, all based on unnamed sources, about how far the deal has progressed. … Continue reading “Reports Say Google Wants to Buy Admeld”

Tyco Leads $15M Kovio Round

Milpitas, CA-based Kovio, which is developing silicon printing technologies that can be used to produce radio-readable barcodes for product tracking and retailing, said this week that it has obtained $15 million in new equity financing. Strategic investor Tyco Retail Solutions, a, division of Tyco International, led the round, which was joined by existing investors Kleiner Perkins … Continue reading “Tyco Leads $15M Kovio Round”

Ambit Raises $30M Venture Round, After Pulling Plug on IPO

San Diego-based Ambit Biosciences wasn’t able to raise the kind of money it wanted from public market investors, so it has gone back to the VC world for another $30 million. Ambit said today it has put together a Series D-2 venture round (is that supposed to sound cooler than Series E?). The financing was … Continue reading “Ambit Raises $30M Venture Round, After Pulling Plug on IPO”

Agile Energy Picks Up $24M

Agile Energy, a San Bruno, CA-based developing utility-scale photovoltaic power projects, said this week that it has raised $24 million in additional capital from previous backer Good Energies Capital. “This investment will ensure Agile has access to the capital necessary to push forward with the development of its projects,” which have not been publicly identified, … Continue reading “Agile Energy Picks Up $24M”

Amid Groupon’s IPO Frenzy, Analog Analytics Offers Old Media a White-Label Life Ring

Much has been blogged about social couponing in recent weeks, from Chicago-based Groupon’s planned IPO, which values the company  somewhere between $2 billion and the moon, to the debut of Google Offers in Portland, OR. Yet for all the lip service paid to the phenomenon that includes LivingSocial, BuyWithMe, Tippr, and perhaps hundreds of others … Continue reading “Amid Groupon’s IPO Frenzy, Analog Analytics Offers Old Media a White-Label Life Ring”

Apple: The New Headquarters of Computing

You probably thought that the biggest news out of Apple this week was about iCloud, the new cloud data sharing service unveiled at the World Wide Developer Conference in San Francisco. Or maybe you’d point to iOS 5, the next version of Apple’s operating system for the iPhone, iPad, and iPod Touch, or Lion, the … Continue reading “Apple: The New Headquarters of Computing”

Aria Shows Drug Data at ASCO, Pfizer Supports Selecta, WPI Adds Big Pharma Partners, & More Boston-Area Life Sciences News

Massachusetts drug developers and research institutions have nabbed funding, inked partnerships, and revealed clinical data this week. —Constellation Pharmaceuticals, a Cambridge, MA-based developer of epigenetic drugs, grabbed another $15 million in extensions to its Series B financing, bringing the funding round’s total to $37 million. The money comes from returning investors Third Rock Ventures, The … Continue reading “Aria Shows Drug Data at ASCO, Pfizer Supports Selecta, WPI Adds Big Pharma Partners, & More Boston-Area Life Sciences News”

ParElastic Lands $1,500,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f8c09065-ce28-45bc-a513-03a77092451d&Preview=1 Date 6/10/2011 Company Name ParElastic Mailing Address 1050 Winter St. Waltham, MA 02451 Company Description ParElastic is an elastic database middle-ware that creates a virtual elastic relational database from a collection of unaffiliated, free-running, industry standard relational databases. Website http://www.parelastic.com Transaction Type Venture Equity Transaction Amount $1,500,000 Transaction Round Undisclosed Proceeds … Continue reading “ParElastic Lands $1,500,000 New Financing”

Ambit Biosciences Receives $30,000,000 Series D Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f1d5c08a-248e-4748-869e-1f8a9ea43a5a&Preview=1 Date 6/10/2011 Company Name Ambit Biosciences Mailing Address 4215 Sorrento Valley Blvd. San Diego, CA 92121 Company Description Ambit Biosciences is a privately-held biopharmaceutical company engaged in the discovery and development of small-molecule kinase inhibitors for the treatment of cancer. Website http://www.ambitbio.com Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round … Continue reading “Ambit Biosciences Receives $30,000,000 Series D Funding Round”

Ophthonix Receives $2,100,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c7da02d6-7a42-4d5c-a843-62126e23b055&Preview=1 Date 6/10/2011 Company Name Ophthonix Mailing Address 1491 Poinsettia Avenue Vista, CA 92081 Company Description Ophthonix Inc., a developer and marketer of advanced eyeglass lenses. The lenses aim to mimic the vision improvements rendered by the popular Lasik surgical procedure. Website http://www.izonlens.com Transaction Type Debt Transaction Amount $2,100,000 Transaction Round Undisclosed … Continue reading “Ophthonix Receives $2,100,000 New Funding Round”

Agile Energy Obtains $24,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ef9d717e-7314-4e0e-bead-15701c7807e4&Preview=1 Date 6/10/2011 Company Name Agile Energy Mailing Address 1001 Bayhill Dr. San Bruno, CA 94066 Company Description Agile Energy, Inc. is a developer of utility-scale renewable power generating projects, with focus on photovoltaic and concentrating photovoltaic projects in North America. The Company manages and performs all development activities required to bring … Continue reading “Agile Energy Obtains $24,000,000 Series B Funding”

ReVance Therapeutics Receives $45,000,000 Series E Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=91f64ff4-4c59-42a6-92f1-2ee436eedab0&Preview=1 Date 6/10/2011 Company Name ReVance Therapeutics Mailing Address 7555 Gateway Boulevard Newark, CA 94560 Company Description Revance is developing its lead compound, a topical botulinum toxin based on its cutting-edge drug delivery platforms and low molecular weight botulinum toxin. This product leverages Revance’s platform technologies to enhance patient tolerability of botulinum … Continue reading “ReVance Therapeutics Receives $45,000,000 Series E Financing”

PURE Storage Secures $27,223,212 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=214b2ab1-8e5f-4970-90aa-7085dba73c74&Preview=1 Date 6/10/2011 Company Name PURE Storage Mailing Address 650 Castro St. Mountain View, CA 94041 Company Description Pure Storage is leveraging flash to change the performance and cost dynamics of enterprise storage. Website http://www.purestorage.com Transaction Type Venture Equity Transaction Amount $27,223,212 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “PURE Storage Secures $27,223,212 New Round”

BVI Networks Obtains $8,025,846 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b3a907d2-38ea-4dc6-9c62-8f8deb7db821&Preview=1 Date 6/10/2011 Company Name BVI Networks Mailing Address 99 Almaden Boulevard San Jose, CA 95113 Company Description BVI Networks’ RetailNEXT Product Suite is a complete solution that enables retailers and manufacturers to use video, transaction data from business systems, and best in class video analytics algorithms to address some of their … Continue reading “BVI Networks Obtains $8,025,846 New Round”

Kovio Lands $15,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=21653e88-142f-4caf-a30b-a878c67dc602&Preview=1 Date 6/10/2011 Company Name Kovio Mailing Address 233 S. Hillview Dr. Milpitas, CA 95035 Company Description Kovio Inc., a privately held Silicon Valley company, is developing a new category of semiconductor products using printed silicon electronics and thin film technology. Kovio’s approach delivers a unique and compelling value proposition in multiple … Continue reading “Kovio Lands $15,000,000 New Financing”

Embed.ly Obtains $450,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6167b0dc-19f5-4576-97ec-bda81573e030&Preview=1 Date 6/10/2011 Company Name Embed.ly Mailing Address 1556 Taylor St. San Francisco, CA 94133 Company Description The company provides a service that allows users to embed photos on social networking sites. Website http://www.embed.ly Transaction Type Venture Equity Transaction Amount $450,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “Embed.ly Obtains $450,000 New Financing Round”

Intarcia Therapeutics Garners $22,019,245 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f62e9c8d-de33-4e92-af05-df5e593e317a&Preview=1 Date 6/10/2011 Company Name Intarcia Therapeutics Mailing Address 24650 Industrial Boulevard Hayward, CA 94545 Company Description Intarcia Therapeutics Inc, a privately held pharmaceutical company, is developing therapies for the treatment of cancer, immunological, and infectious diseases. Website http://www.intarcia.com Transaction Type Debt Transaction Amount $22,019,245 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Intarcia Therapeutics Garners $22,019,245 New Funding”

OcuSpec Garners $1,300,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0b518c76-20a3-4e0d-aea2-7aae7e96e1f7&Preview=1 Date 6/10/2011 Company Name OcuSpec Mailing Address 333 Bryant St San Francisco, CA 94107 Company Description OcuSpec is a stealth company currently developing motion control technology that is radically more powerful and also significantly less costly than anything currently available. Website http://www.ocuspec.com Transaction Type Venture Equity Transaction Amount $1,300,000 Transaction Round … Continue reading “OcuSpec Garners $1,300,000 New Financing Round”

CommonAngels Leads $1.5M Seed Round for ParElastic

ParElastic, a developer of middleware for running big data applications more efficiently on the cloud, said it has closed a $1.5 million seed funding round, led by CommonAngels, with participation from Launch Capital and other investors. John Landry will be joining the company’s board of directors. The company is setting up a development center in Toronto … Continue reading “CommonAngels Leads $1.5M Seed Round for ParElastic”

Adding a Circa-2000 Amazon.com Every Day, Data Centers With No Air Conditioning, & More from Amazon Web Services’ James Hamilton

James Hamilton is obsessed with efficiency. As vice president and distinguished engineer for Amazon Web Services, Hamilton is at the forefront of the Seattle company’s massive cloud computing effort, from software and switches to air conditioning and building design. Kind of fitting for a veteran of Microsoft and IBM who also used to fix high-end … Continue reading “Adding a Circa-2000 Amazon.com Every Day, Data Centers With No Air Conditioning, & More from Amazon Web Services’ James Hamilton”

BMS & Others Partner with WPI

Today Worcester Polytechnic Institute (WPI) announced that Abbott Laboratories, New York-based Bristol-Myers Squibb, and Shire Human Genetic Therapies of Cambridge, MA, will be inaugural partners of the school’s Biomanufacturing Education and Training Center, which is under construction. The facility, which is partially funded by a Massachusetts Life Sciences Center grant, is expected to be ready in … Continue reading “BMS & Others Partner with WPI”

Wikets Whips Up $1.5M

Wikets, a new Lexington, MA-based social Web startup, has raised $1.5 million in equity-based funding from nine investors, an SEC filing shows. The company’s website says its technology enables users to exchange ideas with people they trust. Andrew Park and Vijay Manwani, both veterans of data center software provider BladeLogic (acquired by BMC Software in … Continue reading “Wikets Whips Up $1.5M”

BtoB’s San Francisco NetMarketing Breakfast

Join BtoB Magazine and learn from a panel of interactive experts on the integrated strategies and social engagement programs that are driving engagement for their brands, including SAP, Hitachi, Informatice, and JDA Software. This event is free for pre-registered corporate marketers. Information and registration here.

NextDigest Raises $390K for Event Newsletters

NextDigest, the San Francisco-based parent company of StartupDigest, said yesterday that it has raised $390,000 in new financing to expand its network of weekly e-mail newsletters focusing on events in the Web and Internet startup sector. Equity investments from 500Startups, Charles Hudson, Tim Trampedach, Marco Magnocavallo, Joshua Baer, and Ron Gutman brought in $190,000 of … Continue reading “NextDigest Raises $390K for Event Newsletters”

Room 77 Reserves $10.5M

Room 77, the Sunnyvale, CA-based hotel room search startup profiled by Xconomy in February, said today that it has raised $10.5 million in Series B financing. The round was led by a new investor, Cambridge, MA-based General Catalyst Partners. Existing investors PAR Capital Management, Sutter Hill Ventures, Felicis Ventures, Expedia founder Rich Barton, and former … Continue reading “Room 77 Reserves $10.5M”

Krush Comes Out of Stealth, Driving to Own the “Product Graph” for Action Sports Fans, Brands

What do you get when you cross a Jewish guy from Argentina with a Turkish Muslim from London, and a female entrepreneur from New York who, by all accounts, shouldn’t even be alive? Answer: You get Krush. The Cambridge, MA-based Internet startup is unveiling its new site today. The company has an intriguing vision for … Continue reading “Krush Comes Out of Stealth, Driving to Own the “Product Graph” for Action Sports Fans, Brands”

Tell Us Why You’re Mad—or What Will Make You Glad: We Are Looking for Rants and Recommendations on Entrepreneurship

We know you’re out there. You have gripes about the way innovation is done, in Boston or beyond—or ideas for how to make entrepreneurship and innovation even better. Maybe one of those pet peeves is that Silicon Valley is poaching all the hot young tech talent from the East Coast. We get it. We’ve all … Continue reading “Tell Us Why You’re Mad—or What Will Make You Glad: We Are Looking for Rants and Recommendations on Entrepreneurship”

How Mike Maples and Ann Miura-Ko Are Opening the Floodgates on Early-Stage Tech Entrepreneurship

If you’re the founder of a new Internet or mobile startup and you’re looking for Silicon Valley investors who can contribute some star power and hands-on guidance along with their capital, sooner or later you’ll probably send your business plan to Floodgate Fund. Headed by Mike Maples Jr. and Ann Miura-Ko, the Palo Alto, CA-based … Continue reading “How Mike Maples and Ann Miura-Ko Are Opening the Floodgates on Early-Stage Tech Entrepreneurship”

OrganizedWisdom’s Jerry Levin to Chair New Health Entrepreneurship Program

In April, OrganizedWisdom co-founder Unity Stoakes told Xconomy that his New York-based Web company was on a mission to improve access to health and wellness information online. Former Time Warner CEO Jerry Levin had just invested in OrganizedWisdom and joined its board. Now Levin and OrganizedWisdom are making good on their promise with a new … Continue reading “OrganizedWisdom’s Jerry Levin to Chair New Health Entrepreneurship Program”

Orexigen Halts U.S. Work on Weight Loss Drug, Illumina Cuts Price for Sequencing Patient Genomes, Ambit Pulls IPO, & More San Diego Life Sciences News

As if to make up for the previous week, there’s been a lot of news from local life sciences companies over the past week. So let’s get started. —San Diego’s Orexigen Therapeutics (NASDAQ: [[ticker:OREX]]) said it would halt U.S. development of its experimental diet pill, a combination of naltrexone and bupropion (Contrave) after regulators rebuffed … Continue reading “Orexigen Halts U.S. Work on Weight Loss Drug, Illumina Cuts Price for Sequencing Patient Genomes, Ambit Pulls IPO, & More San Diego Life Sciences News”

SeamlessWeb Scores $50 Million From Spectrum

Spectrum Equity Investors is paying $50 million for a minority stake in online food-ordering service SeamlessWeb, according to VentureWire. The New York-based site, which includes 7,000 restaurants in 27 cities, will be spun off from Aramark Holdings. SeamlessWeb’s CEO Jonathan Zabusky told VentureWire the company plans to expand its mobile offerings.

Taykey’s Ad Tech Wins $9 Million in Funding

New York-based Taykey, an online advertising platform that predicts where Web surfers are going next, raised a $9 million Series B and launched its service today, according to a press release. The company, which was founded by three former intelligence officers from the Israeli Defense Ministry, uses a proprietary algorithm to tell advertisers where their … Continue reading “Taykey’s Ad Tech Wins $9 Million in Funding”

From Lab To Incubator To Research Complex, We Have The Makings Of An Innovation Factory In Michigan

Lycera is coming home. The company recently said it will move from Plymouth, MI to the University of Michigan’s North Campus Research Complex (NCRC) in Ann Arbor. But this move is not merely just a physical relocation. In 2008, Pfizer decided to pull out of Michigan, a move the state largely greeted with dismay and … Continue reading “From Lab To Incubator To Research Complex, We Have The Makings Of An Innovation Factory In Michigan”

Bob Langer’s Selecta Wins Support From Diabetes Foundation for Research Collaboration

Ever since 2004, when the Juvenile Diabetes Research Foundation (JDRF) started a program called Industry Discovery and Development Partnership, it has awarded $75 million to 32 companies that are developing entirely new approaches to combating Type 1 diabetes. Today, the New York-based foundation announced the newest recipient of funding and research support under that program: … Continue reading “Bob Langer’s Selecta Wins Support From Diabetes Foundation for Research Collaboration”

ASCO Wrap-Up, Pathway Medical Grinds It Out, Gates Foundation’s New Digs, & More in Seattle-Area Life Sciences News

This week we had news from a couple of Seattle-area life sciences companies who appeared at a big cancer drug conference, a notable financing story, and a couple of in-depth profiles. —Kirkland, WA-based Pathway Medical Technologies, the maker of a tiny drill that clears out blockages in leg arteries, provided me with a detailed update … Continue reading “ASCO Wrap-Up, Pathway Medical Grinds It Out, Gates Foundation’s New Digs, & More in Seattle-Area Life Sciences News”

ADmantX Receives $2,800,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9ed12c7a-2a62-45a2-86b4-e59b9f653b1b&Preview=1 Date 6/9/2011 Company Name ADmantX Mailing Address Undisclosed Hartford, CT 06105 Company Description The company uses semantic and natural language processing trends to help advertisers and agencies develop effective online advertising campaigns. Website http://www.admantx.com Transaction Type Venture Equity Transaction Amount $2,800,000 Transaction Round Undisclosed Proceeds Purposes Funding will be used to … Continue reading “ADmantX Receives $2,800,000 New Financing Round”

Stratos Genomics Receives $2,100,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9f8cf69e-1d7f-4a83-8501-4160c1c9becc&Preview=1 Date 6/9/2011 Company Name Stratos Genomics Mailing Address 2401 Elliott Ave. 5th Floor Seattle, WA 98121 Company Description Stratos Genomics mission is to establish the next gold standard of DNA sequencing with its flagship Sequencing by Expansion (SBX) method. SBX is a simple, elegant, single-molecule detection process that circumvents the limitations … Continue reading “Stratos Genomics Receives $2,100,000 New Financing Round”

NextDigest Obtains $390,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b189c3a0-d27c-4160-ba71-07f537c11565&Preview=1 Date 6/9/2011 Company Name NextDigest Mailing Address Undisclosed San Francisco, CA 94105 Company Description The company publishes targeted technology newsletters. Website http://www.nextdigest.com Transaction Type Venture Equity Transaction Amount $390,000 Transaction Round Undisclosed Proceeds Purposes The financing will assist the company in expanding its network of weekly e-mail newsletters. M&A Terms Venture … Continue reading “NextDigest Obtains $390,000 New Financing”

DisplayLink Secures $8,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=afbbd7a0-565f-4fc4-881d-13b51ff12ad5&Preview=1 Date 6/9/2011 Company Name DisplayLink Mailing Address 480 South California Ave Palo Alto, CA 94306 Company Description DisplayLink has reinvented the way computers talk to multiple displays through the use of semiconductors and software. We have a growing team of technology, business, and creative minds who share a passion for creating … Continue reading “DisplayLink Secures $8,000,000 New Financing”

SnapGuide Lands $2,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dcf86c33-eeae-4ee3-985d-234a6a767a57&Preview=1 Date 6/9/2011 Company Name SnapGuide Mailing Address Undisclosed San Francisco, CA 94123 Company Description The company is developing mobile applications that include voice recognition capabilities. Website http://www.snapguide.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed, however the company has yet to launch … Continue reading “SnapGuide Lands $2,000,000 New Financing Round”

Bloom Studio Receives New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=823a872c-f404-49c6-8586-667b2dd7cda8&Preview=1 Date 6/9/2011 Company Name Bloom Studio Mailing Address Undisclosed San Francisco, CA 94105 Company Description Bloom is creating a new type of visual discovery experience on tablets, media consoles, and modern browsers that will provide you with playful, explorable, visually compelling views on personally relevant information from services like Facebook, Twitter, … Continue reading “Bloom Studio Receives New Funding Round”

WeGame.com Lands $3,487,101 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=44eef59e-5f06-4c43-86ba-6bc3b7c77874&Preview=1 Date 6/9/2011 Company Name WeGame.com Mailing Address 673 Brannan Street San Francisco, CA 94107 Company Description The company is developing a new product for the online game industry. Website http://www.wegame.com Transaction Type Venture Equity Transaction Amount $3,487,101 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing – … Continue reading “WeGame.com Lands $3,487,101 New Round”

Coupons Garners $200,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=851c33c0-66aa-4835-9ffa-82ab63c757a7&Preview=1 Date 6/9/2011 Company Name Coupons Mailing Address 400 Logue Avenue Mountain View, CA 94043 Company Description Coupons, Inc.’s core couponing, customer acquisition, and e-mail marketing services provide clients with creation, distribution, tracking, and reporting of consumer-printed coupons that can be used for traditional in-store redemption. Website http://www.coupons.com Transaction Type Venture Equity … Continue reading “Coupons Garners $200,000,000 New Funding”

VideoGenie Obtains $2,000,000 Series A Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4281cfb9-6350-412d-a87d-8525cf245a25&Preview=1 Date 6/9/2011 Company Name VideoGenie Mailing Address 314 Lytton Avenue Palo Alto, CA 94301 Company Description The company operates as a platform for users to connect with brands through user generated testimonials. Website http://www.videogenie.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Series A Proceeds Purposes VideoGenie will use the … Continue reading “VideoGenie Obtains $2,000,000 Series A Financing Round”

Intacct Garners $12,300,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=487d225f-b792-485c-bbe0-98cda4e4e2a1&Preview=1 Date 6/9/2011 Company Name Intacct Mailing Address 125 South Market St. San Jose, CA 95113 Company Description Intacct provides on-demand financial applications for more than 2,200 small and midsize businesses. Website http://us.intacct.com Transaction Type Venture Equity Transaction Amount $12,300,000 Transaction Round Undisclosed Proceeds Purposes Intacct will use this new infusion of … Continue reading “Intacct Garners $12,300,000 New Financing Round”

Room 77 Obtains $10,500,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c5e8626e-3e34-491b-9dcb-c13642fc8b00&Preview=1 Date 6/9/2011 Company Name Room 77 Mailing Address 440 N. Wolfe Rd. Sunnyvale, CA 94085 Company Description With the belief that choice and transparency are key to improving travel experiences, Room 77 offers room recommendations matching your preferences. Website http://www.room77.com Transaction Type Venture Equity Transaction Amount $10,500,000 Transaction Round Series B … Continue reading “Room 77 Obtains $10,500,000 Series B Funding Round”

Restoration Robotics Garners $1,999,999 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=26c62784-cbc6-4e98-b1e1-e587f68c4eb8&Preview=1 Date 6/9/2011 Company Name Restoration Robotics Mailing Address 1383 Shorebird Way Mountain View, CA 94043 Company Description The company develops robotic technology for aesthetic surgeries. Website http://www.rrobotics.com Transaction Type Debt Transaction Amount $1,999,999 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor Undisclosed