This conference will explore the latest in collaboration technology. Panels and workshops will cover topics such as analytics, mobile, compliance, internal communications, social apps, and more. Register here.
RelayRides Picks Up $673K
RelayRides, the Google Ventures-backed car-sharing startup, has raised $672,500 in new working capital in an offering of debt and equity, according to a regulatory filing. The company moved its headquarters from the Boston area to San Francisco last year and subsequently raised at least $5.1 million from backers including Google Ventures and August Capital.
CrowdStar Collects $23M
Burlingame, CA-based CrowdStar has raised $23 million in first-round funding, a May 26 regulatory filing confirms. The social gaming company, known for Facebook games such as It Girl, Happy Pets, and Happy Aquarium, is being backed by Intel Capital, Time Warner, NVInvestments, and China’s The9.
Vertex Gets FDA OK, Alnylam Plans For ASCO, Biogen Drug Advances in Europe, & More Boston-Area Life Sciences News
This week was full with news of progress from New England drug developers. —Waltham, MA-based antibody drug maker ImmunoGen (NASDAQ: [[ticker:IMGN]]) sold 7 million shares of stock at $12 apiece. The company had $115.8 million in cash on hand at the end of March, a quarterly report showed. —Biogen Idec (NASDAQ: [[ticker:BIIB]]) of Weston, MA, … Continue reading “Vertex Gets FDA OK, Alnylam Plans For ASCO, Biogen Drug Advances in Europe, & More Boston-Area Life Sciences News”
Forget The iPhone. Your Car Is The Ultimate Mobile Device—But How Far Should That Go?
When a car today can parallel park on its own, find the best Mexican restaurant in a 10-block radius, and access e-mail on voice command, I suppose checking your blood sugar would just seem like icing on the cake. (Pun intended) “We are trying to create a car that cares,” says Gary Strumolo, manager of … Continue reading “Forget The iPhone. Your Car Is The Ultimate Mobile Device—But How Far Should That Go?”
Optimer Cruises Into Memorable Memorial Day Weekend, Awaiting FDA Word on Antibiotic
At least a few people in San Diego are sitting tight today at work, unable to get a jump on the holiday weekend. That’s the case at San Diego-based Optimer Pharmaceuticals (NASDAQ: [[ticker:OPTR]]), which is awaiting word from the FDA on whether its first drug can be cleared for sale in the U.S. The agency’s … Continue reading “Optimer Cruises Into Memorable Memorial Day Weekend, Awaiting FDA Word on Antibiotic”
Fueled by Mobile Transaction Technology, Mitek Systems Raises $15M for Nasdaq Move
In the years after the Berlin Wall crumbled, San Diego’s Mitek Systems was one of many local defense contractors left high and dry by a receding tide of Pentagon spending. These days, however, the company is riding a wave of success with new technology that enables a person to use a smartphone camera to deposit … Continue reading “Fueled by Mobile Transaction Technology, Mitek Systems Raises $15M for Nasdaq Move”
Yes, Technology Is Taking Jobs Away, But Here’s How It Might Give Them Back
Back in March, I wrote a column arguing that smartphones, tablet computers, Internet TVs and other personal technologies are delivering an unexpected bonus. Rather than depreciating, the way most equipment does, these gadgets actually get more valuable over time thanks to the hundreds of new apps that debut every week, plus free upgrades for existing … Continue reading “Yes, Technology Is Taking Jobs Away, But Here’s How It Might Give Them Back”
HistoRx Receives $2,605,245 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=606cea67-aa12-4186-86d2-4635027659bb&Preview=1 Date 5/27/2011 Company Name HistoRx Mailing Address 300 George Street New Haven, CT 06511 Company Description HistoRx has commercialized a technology originally developed at Yale Medical School used in the development of targeted drug therapies which are driving the evolution of personalized medicine. The Company’s new generation of predictive companion diagnostic … Continue reading “HistoRx Receives $2,605,245 New Round”
MedVentive Obtains $1,500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=765b9327-ca46-4ca2-87c0-510718ae71f6&Preview=1 Date 5/27/2011 Company Name MedVentive Mailing Address 400 Fifth Avenue Waltham, MA 02451 Company Description MedVentive provides leading-edge technology solutions that enable physician groups, integrated delivery systems, health plans and self-insured employers to effect meaningful and measurable change in the quality and cost of the care they deliver to patients. Website … Continue reading “MedVentive Obtains $1,500,000 New Funding Round”
OpenX Software Secures $20,015,645 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80ebe21e-e0e8-4e4b-a763-849491709912&Preview=1 Date 5/27/2011 Company Name OpenX Software Mailing Address 20 E. Del Mar Blvd Pasadena, CA 91105 Company Description OpenX is the world’s leading independent provider of digital advertising technology that enables businesses to manage and maximize their ad revenue. OpenX products, including OpenX Enterprise and OpenX Market, provide a comprehensive revenue … Continue reading “OpenX Software Secures $20,015,645 New Funding Round”
Purfresh Garners $1,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=58093167-0c85-4302-b347-9d9adddec2f8&Preview=1 Date 5/27/2011 Company Name Purfresh Mailing Address 47211 Bayside Parkway Fremont, CA 94538 Company Description Purfresh is a leader in clean solutions for food and water. Its chemical-free, ozone-based family of products has been approved by the FDA, EPA and USDA to kill deadly, food-borne pathogens such as E. coli and … Continue reading “Purfresh Garners $1,500,000 New Financing”
Mixpanel Obtains $1,250,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=34d11846-8c91-47f3-a407-399f33c9ad60&Preview=1 Date 5/27/2011 Company Name Mixpanel Mailing Address 507 Central Ave Mountain View, CA 94043 Company Description Mixpanel is a real-time analytics service that helps companies understand how users interact with web applications. Website http://www.mixpanel.com Transaction Type Venture Equity Transaction Amount $1,250,000 Transaction Round Series A Proceeds Purposes The funding will be … Continue reading “Mixpanel Obtains $1,250,000 Series A Round”
Frequency.com Garners $3,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4775ae4c-58a2-4920-bd72-da037f304ffb&Preview=1 Date 5/27/2011 Company Name Frequency.com Mailing Address Undisclosed Los Angeles, CA 90038 Company Description The company operates a service that makes it easy to discover and share video. Website http://www.frequency.com Transaction Type Venture Equity Transaction Amount $3,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “Frequency.com Garners $3,000,000 Series A Round”
InSite, Merck Sue Sandoz Over Patent
InSite Vision, the Alameda, CA-based developer of drugs for eye diseases, said today it has joined pharma giant Merck in bringing a patent infringement lawsuit against Sandoz, a generic drugmaker. Sandoz has recently filed an abbreviated new drug application with the FDA for clearance to start marketing a generic version of azithromycin (Azacite) for the … Continue reading “InSite, Merck Sue Sandoz Over Patent”
Spreadshirt Promotes CMO Rooke To CEO
Spreadshirt, a customized clothing e-commerce company with U.S. headquarters in Boston, announced it has promoted its chief marketing officer Philip Rooke to the role of CEO. Rooke has held previous ecommerce positions at iVillage UK, Tesco.com, and Skinstore, and will help lead Spreadshirt in growth through its product customization and print on demand businesses. Previous … Continue reading “Spreadshirt Promotes CMO Rooke To CEO”
SnapGoods Targets Consumers Who Want to Rent Instead of Buy
Brooklyn-based SnapGoods is looking to create a consumer space that does not involve buying or selling goods, but targets a third, often-neglected consumer: the one who simply wants to borrow stuff. “You use it, and then you give it back,” said Ron Williams, 34-year-old CEO and co-founder of the Brooklyn-based startup, a company whose tagline … Continue reading “SnapGoods Targets Consumers Who Want to Rent Instead of Buy”
Google’s Purchase of Sparkbuy: Sounds Like it’s More Than Just a Talent Acquisition
So, maybe Google’s purchase of startup electronics shopping site Sparkbuy wasn’t just a talent acquisition? That’s the word from Scott Silver, director of Google’s Kirkland, WA office, in a follow-up interview with The Seattle Times’ Brier Dudley. Dudley also reports that Google is eyeing the cluster of retail talent in the Seattle area, which has … Continue reading “Google’s Purchase of Sparkbuy: Sounds Like it’s More Than Just a Talent Acquisition”
Aneesh Chopra, Steve Jurvetson, Paul Saffo Debate Top Tech Trends, from Rosie the Robot to Augmented Reality
The Churchill Club, a networking group for Silicon Valley technology executives, hit the quarter-century mark in November, and for the last 13 of those 25 years, it’s organized an annual “Top 10 Tech Trends” dinner. The format is simple. A panelist or guest proposes a trend that will shape markets and define entrepreneurial opportunities over … Continue reading “Aneesh Chopra, Steve Jurvetson, Paul Saffo Debate Top Tech Trends, from Rosie the Robot to Augmented Reality”
Alnylam Looks to ASCO as First “Bell-Ringing” for RNAi Resurgence
When Cambridge, MA-based Alnylam (NASDAQ: [[ticker:ALNY]]) made its debut last year at the annual American Society of Clinical Oncology (ASCO) conference, it only had a pittance of safety data on its drug, which is designed to treat advanced solid tumors that have spread to the liver. At this year’s conference, which starts June 3 in Chicago, … Continue reading “Alnylam Looks to ASCO as First “Bell-Ringing” for RNAi Resurgence”
Zozi Packs an Additional $7M
Zozi, the San Francisco startup that offers daily deals on unusual travel experiences (such as a deal today on fly fishing classes at Lake Tahoe), said it has raised $7 million in a Series B financing round. Launch Capital, 500 Startups, ZIG Capital, Thomas and Peter Lehrman, David Tisch, the Pritzker/Vlock Family Office, and other … Continue reading “Zozi Packs an Additional $7M”
CityCamp SF 2011
From the event website: “CityCampSF is municipal employees, journalists, developers and neighborhood leaders working on solutions for better communities and government. CityCampSF is also happy to join with SFOpen 2011 and TechCentralSF in four full days of open government and technology innovation events, beginning June 16 with an opengov mayoral forum and running through Sunday … Continue reading “CityCamp SF 2011”
Ann Arbor Spark Pats Its Back
Ann Arbor SPARK says it has attracted 13 new companies to the region and helped 29 businesses to expand in the region last year. The business accelerator also said it helped secure $151 million in new investment commitments and create over 1,400 new jobs.
Fireside Chat with SF Mayoral Candidate David Chiu
TechCentral SF sponsors an evening chat with San Francisco Board of Supervisors president David Chiu, a candidate for mayor of San Francisco. From the event description: “Join TechCentralSF for ‘A Fireside Chat with David Chiu’ moderated by Kym McNicholas of Forbes.com!! Current mayoral candidate and President of the SF Board of Supervisors, David Chiu will … Continue reading “Fireside Chat with SF Mayoral Candidate David Chiu”
Staebler To Oversee TechTown
Wayne State University named Ned Staebler as its vice president of economic development. Staebler, a former official with the Michigan Economic Development Corp., will oversee the TechTown research park in Detroit.
Stage 2 Innovations CEO Offers Details On New $100 Million Fund
Simon Boag sounds downright sheepish. “We’re spoiled,” Boag, the new CEO of the $100 million Stage 2 Innovations Fund, told Xconomy. “We realize that. We’re extremely lucky to be in this position.” The fund, announced earlier this week, is targeting growth/expansion startups on the brink of commercializing their technology. An anonymous billionaire is putting up … Continue reading “Stage 2 Innovations CEO Offers Details On New $100 Million Fund”
Rigel Pockets $130M in Financing, Seeks To Pick up Pfizer’s Ball and Run With it
New York-based Pfizer (NYSE: [[ticker:PFE]]) is the biggest drug company in the world, so when it slashes costs and dumps drug candidates left and right, people take note. But sometimes what gets overlooked is that one company’s loss is another’s gain, and that’s what appears to be happening at South San Francisco-based Rigel Pharmaceuticals. Rigel … Continue reading “Rigel Pockets $130M in Financing, Seeks To Pick up Pfizer’s Ball and Run With it”
Nestlé Acquires Prometheus, Trius Raises $30M in Private Placement, Canaan’s Bloch Discusses Advanced BioHealing Deal, & More San Diego Life Sciences News
We’ve been seeing some big life sciences deals in recent weeks, the latest being Nestlé’s acquisition of San Diego’s Prometheus Labs. Here’s our wrap-up of the past week. —Switzerland’s Nestlé Health Science agreed to acquire San Diego’s Prometheus Laboratories in what one analyst estimated as a $1.1 billion deal. The Nestlé subsidiary has been on … Continue reading “Nestlé Acquires Prometheus, Trius Raises $30M in Private Placement, Canaan’s Bloch Discusses Advanced BioHealing Deal, & More San Diego Life Sciences News”
Agenda Announced for Most Exciting XSITE Yet: We Got 20-Plus Startups, Founders’ Stories, Incubator Debaters, & Provocative Keynoters
We are getting more and more excited about XSITE 2011—the Xconomy Summit on Innovation, Technology, and Entrepreneurship, our annual full-day innovation conference set to take place on June 16 at Babson College. We began announcing keynoters and other featured speakers several weeks ago, and the list has been building—to more than 40 speakers. They run … Continue reading “Agenda Announced for Most Exciting XSITE Yet: We Got 20-Plus Startups, Founders’ Stories, Incubator Debaters, & Provocative Keynoters”
Amylin Gets TRO Against Lilly
A San Diego federal court granted a temporary restraining order sought by San Diego diabetes drug developer Amylin Pharmaceuticals (NASDAQ: [[ticker:AMLN]]) against Eli Lilly. Amylin sued Lilly a few week ago for violating their joint marketing agreement for exenatide. The court ordered Lilly to halt its plans to use the same sales force to sell … Continue reading “Amylin Gets TRO Against Lilly”
Financing Alternatives: Where’s the Money?
The San Jose Biocenter sends this event notice: “Although VC’s are a traditional source of funds, there are many opportunities for financing that can get your company to where you need it to be. You just need to know the right people. Join our panel to hear from government granting agencies, foundations, angels and VCs … Continue reading “Financing Alternatives: Where’s the Money?”
Ford Lists Top 25 EV Cities, Highlights Pacific Coast Corridor for Future EV Road Trips
With the average price of gasoline reaching almost $4 a gallon nationwide, it’s safe to say a lot of people are curious about the all-electric vehicles (EV) that many automakers have been showing off lately. Still, it’s hard to justify the $100,000-plus sticker price for a Tesla Roadster or the $33,000 price of a Nissan … Continue reading “Ford Lists Top 25 EV Cities, Highlights Pacific Coast Corridor for Future EV Road Trips”
Accelerator’s New Cancer Startup, 23andMe Hanging at the ISB, How to Make $ With No IPO, & More in Seattle-Area Life Sciences News
This week’s biotech news roundup is short and sweet. —Accelerator, the Seattle-based hothouse for biotech startups, is humming with the activity of a new cancer drug startup called Oncofactor. This company is setting out to spur the immune system to fight tumors. —23andMe, the Mountain View, CA-based consumer genetic testing company, made an appearance at … Continue reading “Accelerator’s New Cancer Startup, 23andMe Hanging at the ISB, How to Make $ With No IPO, & More in Seattle-Area Life Sciences News”
Look Out, Mean Girls and Slackers: Objective Logistics Tracks Work Habits in Restaurants to Boost Sales
Slackers hate it. Go-getters love it. And store owners and managers? Well, so far they seem to be buying it. I’m talking about Objective Logistics, a New Bedford, MA-based software startup that’s looking to transform work environments, starting with restaurants and retail stores. “It’s polarizing as hell,” says CEO and co-founder Phil Beauregard. If you … Continue reading “Look Out, Mean Girls and Slackers: Objective Logistics Tracks Work Habits in Restaurants to Boost Sales”
inStream Media Receives $1,379,170 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=29aaefe2-c363-4420-9207-7dcd03f97abd&Preview=1 Date 5/26/2011 Company Name inStream Media Mailing Address 275 Grove Street Newton, MA 02466 Company Description Every day there are millions of shoppers connected by where and when they shop, what they are buying, and what they use to pay.inStream’s patent pending marketing solution allows brands to harness the power of … Continue reading “inStream Media Receives $1,379,170 New Round”
NanoComp Technologies Lands $281,469 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=054610e3-4c9a-4325-8f88-9a055738f63f&Preview=1 Date 5/26/2011 Company Name NanoComp Technologies Mailing Address 162 Pembroke Road Concord, NH 03301 Company Description NanoComp Technologies Inc (NCTI) was formed in 2004 as a spin-out of Synergy Innovations, Inc. a Concord, NH based technology development company. NCTI’s purpose is to leverage its proprietary and fundamental advancements in the production … Continue reading “NanoComp Technologies Lands $281,469 New Funding”
Kabam Secures $85,000,000 Series D Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=baa7a4fe-8c9a-4b45-a3bf-062a8280699e&Preview=1 Date 5/26/2011 Company Name Kabam Mailing Address 101 Redwood Shores Parkway Redwood City, CA 94065 Company Description The Kabam platform enables fans to connect with other fans in entertainment and sports communities inside their favorite social networks: Facebook, MySpace, Bebo, and Friendster. Website http://www.kabam.com Transaction Type Venture Equity Transaction Amount $85,000,000 … Continue reading “Kabam Secures $85,000,000 Series D Funding”
Zozi Lands $7,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=066bb2eb-ad36-4cb8-a1a0-08073953a09a&Preview=1 Date 5/26/2011 Company Name Zozi Mailing Address 540 Washington St. San Francisco, CA 94111 Company Description The company provides hand-picked deals on unique activities. Website http://www.zozi.com Transaction Type Venture Equity Transaction Amount $7,000,000 Transaction Round Series B Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Undisclosed
Fotomoto Obtains $1,200,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=81549110-d392-4311-bc8c-578990103f54&Preview=1 Date 5/26/2011 Company Name Fotomoto Mailing Address 425 Brannan Street San Francisco, CA 94107 Company Description Fotomoto helps photographers sell their photos without having to conform to the generic solutions available in the market. Website http://www.fotomoto.com Transaction Type Venture Equity Transaction Amount $1,200,000 Transaction Round Series A Proceeds Purposes Proceeds purposes … Continue reading “Fotomoto Obtains $1,200,000 Series A Financing”
Project Slice Secures $9,400,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=549cf6a9-f95b-4dba-a545-90e30c66e187&Preview=1 Date 5/26/2011 Company Name Project Slice Mailing Address 431 Florence St. Palo Alto, CA 94301 Company Description Slice is a free service designed to simplify your online shopping. Website http://www.projectslice.com Transaction Type Venture Equity Transaction Amount $9,400,000 Transaction Round Series A Proceeds Purposes The company today released the first of its … Continue reading “Project Slice Secures $9,400,000 Series A Financing Round”
Resilient Network Systems Obtains $5,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=315efcee-26d7-42b4-a2b0-b449280a60fa&Preview=1 Date 5/26/2011 Company Name Resilient Network Systems Mailing Address 260 California St. Second Floor San Francisco, CA 94111 Company Description Resilient Network Systems’ new class of Internet servers extends the reach of the Internet to protected data and application content by introducing new methods of establishing trust and giving owners customized … Continue reading “Resilient Network Systems Obtains $5,000,000 Series A Funding”
Reply Acquires MerchantCircle for $60,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4ec10187-d3af-416a-958f-3496a5d2beef&Preview=1 Date 5/26/2011 Company Name MerchantCircle Mailing Address 201 Main Street Los Altos, CA 94022 Company Description MerchantCircle is the largest online network of local business owners in the nation, combining social networking aspects with a customizable web listing that allows merchants to attract new customers. More than 14 million MerchantCircle business … Continue reading “Reply Acquires MerchantCircle for $60,000,000”
MobileIron Lands $20,000,000 Series D Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a11ee463-0467-4039-96f9-1d0c2eeaec7c&Preview=1 Date 5/26/2011 Company Name MobileIron Mailing Address 815A East Middlefield Road Mountain View, CA 94089 Company Description MobileIron was founded to bring simplicity to the chaos of smartphones in the enterprise. Smartphones are quickly becoming the primary personal communications and computing platform for business. However, they introduce cost, risk, and usability … Continue reading “MobileIron Lands $20,000,000 Series D Round”
Vestaron Secures $444,999 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=22731f26-a4a8-4bf1-9235-cfbefe35116b&Preview=1 Date 5/26/2011 Company Name Vestaron Mailing Address 4717 Campus Drive Kalamazoo, MI 49008 Company Description Vestaron Corporation is developing a new generation of insecticides by employing peptides sourced from spiders – insecticides that are ideally suited for the environmentally conscious, twenty-first century. Over 50 unique, spider-venom peptides with novel sites of … Continue reading “Vestaron Secures $444,999 New Financing Round”
CoolSystems Lands $4,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8062530e-e43f-4746-86ba-a4b61834fb32&Preview=1 Date 5/26/2011 Company Name CoolSystems Mailing Address 1201 Marina Village Pkwy. Alameda, CA 94501 Company Description Game Ready was the first to introduce a system that simultaneously delivers intermittent compression and adjustable cold therapy. Website http://www.gameready.com Transaction Type Debt Transaction Amount $4,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not … Continue reading “CoolSystems Lands $4,000,000 New Funding”
New Crop of Pivotal Leaders
Votes are in for the second class of Pivotal Leaders—the peer-selected group of cleantech business leaders in the Pacific Northwest, created by Portland, OR-based venture firm Pivotal Investments. This year’s honors were whittled from a field of more than 700 nominations for leaders from Washington, Oregon, Idaho, and British Columbia. One interesting thing about the … Continue reading “New Crop of Pivotal Leaders”
With Esperion Reboot, Lipitor Co-Discoverer Roger Newton Pushes For Therapy Beyond Drugs
A few years ago, I went to see my doctor for a routine check-up. Blood tests showed I had a high count of low density lipoids (LDL), the so-called “bad cholesterol” that clogs arteries and causes heart attacks. “I’m prescribing you a statin,” the doctor said. I hesitated. “Uh….shouldn’t I try diet and exercise first?” … Continue reading “With Esperion Reboot, Lipitor Co-Discoverer Roger Newton Pushes For Therapy Beyond Drugs”
BlueStacks Exits Stealth, Collects $7.6M
After three years in stealth mode, San Francisco-based BlueStacks debuted today with an announcement that it has collected $7.6 million in Series A funding from Andreessen Horowitz, Ignition Ventures, Helion Ventures, Radar Partners, and Redpoint Ventures. The startup, founded by former McAfee chief technology officer Rosen Sharma, is developing software that promises to allow owners … Continue reading “BlueStacks Exits Stealth, Collects $7.6M”
Tweetdeck Alights at Twitter
Tweetdeck founder Iain Dodsworth confirmed in a blog post today that his London-based company, maker of a popular desktop and mobile client for managing multiple Twitter feeds, has been purchased by Twitter itself. Despite speculation that San Francisco-based Twitter will kill the product—which some have viewed as competition for Twitter’s own Web and mobile clients—Dodsworth … Continue reading “Tweetdeck Alights at Twitter”
BuyWithMe Buys Groop Swoop, Keeps Expanding
New York-based BuyWithMe, an online group-buying startup founded in Boston, said today it has acquired Groop Swoop, a San Francisco-based deals site. Terms of the purchase were not given, but it’s an example of further consolidation in the daily deals sector led by Groupon and LivingSocial. The acquisition comes on the heels of BuyWithMe’s purchase … Continue reading “BuyWithMe Buys Groop Swoop, Keeps Expanding”