Microsoft’s blockbuster $8.5 billion deal to acquire Skype dominated headlines far beyond the Puget Sound region last week, raising all kinds of interesting implications for mobile computing, business communications, video games, and more. Many commenters were walloped by the sheer scope of Microsoft (NASDAQ: [[ticker:MSFT]]) products that Skype could be plugged into, but in our … Continue reading “Microsoft Gobbles Skype, Gamification’s Present and Future, Bill Gates on Clean Energy, & More in the Seattle-Area Tech Roundup”
Resolve Therapeutics Lands $2,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cb3d6987-f8f0-4dcb-9cf8-9a35785c8e87&Preview=1 Date 5/17/2011 Company Name Resolve Therapeutics Mailing Address 5400 Carillon Point Kirkland, WA 98033 Company Description Resolve Therapeutics is a privately held biotechnology company based in Seattle that is dedicated to helping patients with lupus through the development of RSLV-125, its novel targeted biologic therapy. Website http://www.resolvebio.com Transaction Type Venture Equity … Continue reading “Resolve Therapeutics Lands $2,000,000 Series A Funding Round”
ABILITY Network Obtains $27,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=20858026-b220-44e1-8aa2-5487f6c1f929&Preview=1 Date 5/17/2011 Company Name ABILITY Network Mailing Address 100 N. 6th Street Minneapolis, MN 55403 Company Description ABILITY works to save lives by facilitating information exchange and knowledge-sharing among every participant within the healthcare spectrum – hospitals, physician practices, home care providers, DMEs, and private and government payers – as well … Continue reading “ABILITY Network Obtains $27,000,000 New Financing”
BlackArrow Garners Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=373ff34c-aaaa-4c5f-b3a7-1dfde4658251&Preview=1 Date 5/17/2011 Company Name BlackArrow Mailing Address 160 West Santa Clara Street San Mateo, CA 95113 Company Description BlackArrow was founded with the express purpose of helping programmers, agencies, and operators capitalize on the new advertising and revenue opportunities made possible by on-demand TV technologies, such as the digital video recorder, … Continue reading “BlackArrow Garners Series C Financing”
Hara Obtains $25,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=599eb6b7-e750-48c7-a507-282a0dfa9ff9&Preview=1 Date 5/17/2011 Company Name Hara Mailing Address 2755 Campus Drive San Mateo, CA 94403 Company Description Hara helps organizations grow and profit while optimizing natural resource consumption and minimizing environmental impact. The Hara Environmental and Energy Management solution enables organizations to manage and optimize their organizational metabolism – the collective resources … Continue reading “Hara Obtains $25,000,000 Series C Funding Round”
Hipster Lands $1,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1954127b-7074-44f6-bf13-7bb9b4b0c95f&Preview=1 Date 5/17/2011 Company Name Hipster Mailing Address Undisclosed San Francisco, CA 94105 Company Description The company offers a local Q&A service. Website http://www.hipster.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes The company will use part of proceeds to move its operations from Los Angeles to San … Continue reading “Hipster Lands $1,000,000 New Financing”
VGo Communications Obtains $4,255,949 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b30242db-5da6-4f42-8f01-3fd915f27256&Preview=1 Date 5/17/2011 Company Name VGo Communications Mailing Address 100 Innovative Way Nashua, NH 03062 Company Description VGo Communications, Inc. develops and markets visual communications solutions for the workplace. Website http://www.vgocom.com Transaction Type Venture Equity Transaction Amount $4,255,949 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A … Continue reading “VGo Communications Obtains $4,255,949 New Round”
Shire Pharmaceuticals Acquires Advanced Biohealing for $750,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d4650777-0196-4594-87f9-f33de8065b2c&Preview=1 Date 5/17/2011 Company Name Advanced Biohealing Mailing Address 36 Church Ln. Westport, CT 06880 Company Description Advanced BioHealing (ABH) is a specialty biotechnology company focused on the development and marketing of cell-based and tissue-engineered products for wound care. We are a privately held company with two approved products: Dermagraft and TransCyte. … Continue reading “Shire Pharmaceuticals Acquires Advanced Biohealing for $750,000,000”
nPario Garners New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8c6d73c2-a205-40cf-b327-6b3c2c75f260&Preview=1 Date 5/17/2011 Company Name nPario Mailing Address 366 Cambridge Ave. Palo Alto, CA 94306 Company Description nPario Segment Explorer is a data driven analytics application that allows you to discover, create, profile, track and target consumer segments from vast amounts of data. Website http://www.npario.com Transaction Type Venture Equity Transaction Amount Undisclosed … Continue reading “nPario Garners New Funding”
Jobvite Receives $15,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fda0aa3f-09d6-4421-8b87-a5b3781c7df1&Preview=1 Date 5/17/2011 Company Name Jobvite Mailing Address 270 East Lane Burlingame, CA 94010 Company Description We help growing companies find and hire the best candidates faster, with less effort, and lower cost. If you are a fast growing company, an ambitious company, a company that wants to set the world on … Continue reading “Jobvite Receives $15,000,000 Series C Financing”
SF Open Coffee Club
Adam D’Augelli at True Ventures has organized an informal “open coffee” gathering for SoMa-area tech startup folks. Hopefully, it’s the first in a series. Adku has volunteered to host the event, and will be providing coffee, orange juice, and some breakfast food. Come hang out, talk tech, and enjoy some fresh coffee. Information and signup page … Continue reading “SF Open Coffee Club”
The Man With The Golden Touch: Jeff Williams Eyes Triple Crown Of Sorts With Life Magnetics
If Jeff Williams has brewed some sort of secret concoction to converting local startups into big pay days, he’s not letting on. “You just make sure you develop good companies that people want to have,” the low key Williams tells Xconomy. “We were fortunate to have some nice exits.” That may be the understatement of … Continue reading “The Man With The Golden Touch: Jeff Williams Eyes Triple Crown Of Sorts With Life Magnetics”
Sign Up for Beyond Mobile: Computing in 2021, Before Time Runs Out
We’ve got 10 years to debate what computers will look like, and how they’ll work, in the year 2021. But you’ve only got one day left to sign up for Beyond Mobile: Computing in 2021, Xconomy San Francisco’s big spring infotech event at SRI International in Menlo Park, CA. I hope you won’t think I’m … Continue reading “Sign Up for Beyond Mobile: Computing in 2021, Before Time Runs Out”
Report: Marketfish Adds $4.5M
Marketfish, a Seattle startup that provides email marketing services for businesses, has raised another $4.5 million in venture capital from Javelin Ventures and Rustic Canyon, according to GeekWire. Marketfish’s product gives marketing clients the ability to dial up specific criteria for the people on its email blasts—targeting by profession, size of family, income, and location, … Continue reading “Report: Marketfish Adds $4.5M”
Billing Revolution Raises $6.6M
Seattle-based e-commerce startup Billing Revolution has raised $6.6 million in a Series B financing round led by DCM and SK Telecom Ventures, according to multiple reports (TechCrunch appears to have published it first). The company makes software that allows mobile application developers to incorporate credit-card sales. Unlike other mobile-payment startups, such as Square, Billing Revolution’s … Continue reading “Billing Revolution Raises $6.6M”
VMware To Buy Shavlik Technologies
Palo Alto, CA-based VMware (NYSE: [[ticker:VMW]]), the virtualization subsidiary of Hopkinton, MA-based EMC (NYSE: [[ticker:EMC]]), announced today that it has agreed to acquire Shavlik Technologies of New Brighton, MN, a Minneapolis suburb. The company makes software that helps small and medium sized businesses track, manage, and install software security updates and other patches. Shavlik has … Continue reading “VMware To Buy Shavlik Technologies”
SwipeGood, Lanyrd, Samsung, and PARC—The 1-Minute Version of Last Week’s Bay Area BizTech News
I spent a couple of days at the Google I/O developer conference in San Francisco last week, but unfortunately the news didn’t slow down to accommodate my absence from the office. —Our marquee infotech event of the spring, Beyond Mobile: Computing in 2021, is coming up tomorrow at SRI International in Menlo Park; you can … Continue reading “SwipeGood, Lanyrd, Samsung, and PARC—The 1-Minute Version of Last Week’s Bay Area BizTech News”
Amazon, PopCap Strike Deal
Up-and-coming Seattle casual game company PopCap Games is partnering with one of the city’s tech titans, Amazon.com, to sell its first games for Google’s Android smartphone platform. The deal, announced today, gives Amazon’s Appstore for Android first crack at selling the games Chuzzle and Plants vs. Zombies, for two weeks each. Amazon (NASDAQ: [[ticker:AMZN]]) has … Continue reading “Amazon, PopCap Strike Deal”
Medical Device Startup TransCorp Raises $700k+, Seeks $4M
TransCorp has raised $755,958 from the sale of equity, according to SEC documents. Overall, the medical device startup, based in Byron Center,MI, is seeking $4 million, the documents say. EDF Ventures in Ann Arbor, MI, Grand Angels in Holland, MI, and Hopen Life Science Ventures in Grand Rapids, MI, are backing the company. Founded by … Continue reading “Medical Device Startup TransCorp Raises $700k+, Seeks $4M”
StackMob Stacks Up $7.5M
San Francisco-based StackMob, which provides programming tools, analytics, and other services to mobile developers, said today that it has raised $7.5 million in new funding. New investor Trinity Ventures led the round, which was joined by existing investors Harrison Metal and Baseline Ventures. Trinity general partner Dan Scholnick has joined StackMob’s board. The company says … Continue reading “StackMob Stacks Up $7.5M”
PerkinElmer Buys Labtronics
Waltham, MA-based PerkinElmer (NYSE: [[ticker:PKI]]), a maker of tools for the life sciences field, announced today that it has bought Ontario, Canada-based Labtronics for an undisclosed sum. Labtronics provides electronic laboratory notebook products enabling laboratory routine analysis. Earlier this month PerkinElmer acquired Geospiza, a Seattle-based maker of software for DNA analysis.
Founder Labs Brings Its Silicon Valley Flair for Fostering Startups to Manhattan
Picking the right team can make all the difference when launching a new venture. Starting on May 21, a group of some 16 designers, engineers, and marketing professionals will gather to form teams aimed at creating startups. Founder Labs, a five week “pre-incubator” program targeting concepts for the mobile sector, is ready for its Manhattan … Continue reading “Founder Labs Brings Its Silicon Valley Flair for Fostering Startups to Manhattan”
Bill Gates’ Favorite Biofuel Company on the Docket for Thursday’s Alternative Fuels Event
There might be 100 good energy ideas in the U.S. today, as Bill Gates said last week at a fundraiser for Climate Solutions, but one of the really big ones he’s backing is San Diego-based Sapphire Energy. This company, which has raised more than $300 million to execute on its vision of making algae a … Continue reading “Bill Gates’ Favorite Biofuel Company on the Docket for Thursday’s Alternative Fuels Event”
Amylin Sues Eli Lilly, Arguing Breach of Contract in Marketing Rival Diabetes Drug
[Updated: 8:55 am PT] Amylin Pharmaceuticals is hauling one of its big partners, Eli Lilly, into court. San Diego-based Amylin (NASDAQ: [[ticker:AMLN]]) said today it has filed a suit in the U.S. District Court for Southern California, that accuses Lilly of anticompetitive behavior and violating a 2002 agreement between the companies that covers the marketing … Continue reading “Amylin Sues Eli Lilly, Arguing Breach of Contract in Marketing Rival Diabetes Drug”
Active Network Sets IPO Price Range, MIR3 Expands Platform, Qualcomm Collaborates on $10M Tricorder X Prize, & More San Diego BizTech News
It has taken about 12 years and more than $275 million in venture capital for San Diego’s Active Network to get into the starting gate for an IPO. We have details on that and the rest of San Diego’s tech news. —San Diego’s Active Network, which provides online registration services for sporting events and other … Continue reading “Active Network Sets IPO Price Range, MIR3 Expands Platform, Qualcomm Collaborates on $10M Tricorder X Prize, & More San Diego BizTech News”
Iron Mountain Sells Online Backup and Other Digital Businesses to Autonomy for $380M
Boston-based Iron Mountain, the data management and protection company, said today it is selling its online backup and recovery, digital archiving, and eDiscovery businesses to San Francisco- and Cambridge, U.K.-based Autonomy for $380 million in cash. The deal is expected to close within 45 to 60 days. Iron Mountain (NYSE: [[ticker:IRM]]), founded in 1951, is … Continue reading “Iron Mountain Sells Online Backup and Other Digital Businesses to Autonomy for $380M”
PacBio Chief Scientist Heads to NYC to Run New $100M Genomics Center at Mt. Sinai
Eric Schadt, one of the world’s top researchers looking at how changes in the genome lead to disease, is leaving his full-time job as chief scientist of Pacific Biosciences to spearhead a new genomics research center armed with more than $100 million of financial backing at Mt. Sinai School of Medicine in New York. This … Continue reading “PacBio Chief Scientist Heads to NYC to Run New $100M Genomics Center at Mt. Sinai”
The Resurgence of Gene and Cell Therapy
For those who have not been watching or involved, gene and cell therapy is experiencing a state of resurgence, driven by a series of positive achievements over the last three to four years. These are exciting times for those who kept the faith over the last two decades and pushed onward. There is buoyancy in … Continue reading “The Resurgence of Gene and Cell Therapy”
Lockerz’s Latest $30M Haul Easily Tops April’s List of Washington State Equity Deals
Let’s count the juicy consumer-Internet trends piled up in Seattle startup Lockerz: Social networking, photo sharing, gamification, deals, and original content. That’s a mouthful, and investors apparently like what they see—Lockerz’s $30 million venture round is by far the biggest equity deal in Washington state for the month of April, according to data compiled by … Continue reading “Lockerz’s Latest $30M Haul Easily Tops April’s List of Washington State Equity Deals”
Will Biotech Ever Again Captivate the Public Imagination, Like Facebook or LinkedIn?
Everywhere you look this spring, there are signs of bubbly enthusiasm for technology. Microsoft just paid $8.5 billion for a company that isn’t profitable. Facebook has racked up more than 600 million members around the world. LinkedIn is teed up to go public this week at a valuation of more than $3 billion. It may … Continue reading “Will Biotech Ever Again Captivate the Public Imagination, Like Facebook or LinkedIn?”
$77M Merrimack Financing Helps April Startup Deals Soar to $306M
Things continued to warm up this spring for Massachusetts tech and life sciences startups inking investments. Last month, companies raised $306 million across 35 equity-based deals, a roughly 18 percent surge from during March. That’s according to data from our partner CB Insights’ FundingFlash, which provides a daily roundup of companies receiving venture capital, angel … Continue reading “$77M Merrimack Financing Helps April Startup Deals Soar to $306M”
Billing Revolution Garners $6,600,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a17e037e-dd66-491e-9009-11a8430445e8&Preview=1 Date 5/16/2011 Company Name Billing Revolution Mailing Address 1409 Post Alley Seattle, WA 98101 Company Description Single-Click Checkout, available in HTML5 and Android, enables merchants to easily accept credit card payments from any phone with only a single click! Website http://www.billingrevolution.com Transaction Type Venture Equity Transaction Amount $6,600,000 Transaction Round Series … Continue reading “Billing Revolution Garners $6,600,000 Series B Funding”
First To File Garners $2,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=df207bd1-fbb6-41b8-9b9e-0269b8613abe&Preview=1 Date 5/16/2011 Company Name First To File Mailing Address 1875 S. Grant St. San Mateo, CA 94402 Company Description First To File is a web-based, patent document management service for IP organizations of all sizes, including law firms. We provide an online solution to manage patent related matter and activities both … Continue reading “First To File Garners $2,000,000 Series B Funding”
Intalio Secures $7,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=766bf4bf-cf3b-4eac-a899-3d59f2e07d78&Preview=1 Date 5/16/2011 Company Name Intalio Mailing Address 644 Emerson Street Palo Alto, CA 94301 Company Description Intalio is the leading Open Source BPMS vendor. Intalio|BPMS empowers organizations of all sizes to design, deploy, and optimize the most complex business processes, on top of any application and middleware system, without having to … Continue reading “Intalio Secures $7,000,000 New Round”
StackMob Secures $7,500,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=50497a85-fa11-460f-8f6e-bae60de53f29&Preview=1 Date 5/16/2011 Company Name StackMob Mailing Address 929 Market St. San Francisco, CA 94103 Company Description The company provides a backend cloud platform that allows developers to build, deploy and manage applications without dealing with infrastructure issues. Website http://www.stackmob.com Transaction Type Venture Equity Transaction Amount $7,500,000 Transaction Round Series A Proceeds … Continue reading “StackMob Secures $7,500,000 Series A Round”
SanDisk Acquires Pliant Technology for $327,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=508ac81b-db13-43e6-ae4e-8c2f1f27708d&Preview=1 Date 5/16/2011 Company Name Pliant Technology Mailing Address 630 Alder Drive Milpitas, CA 95035 Company Description Pliant Technology is developing Enterprise Flash Drives (EFD’s), a new class of solid state storage devices, that integrate seamlessly into enterprise information systems and dramatically improve performance, reliability, energy efficiency, and TCO. Website http://www.plianttechnology.com Transaction … Continue reading “SanDisk Acquires Pliant Technology for $327,000,000”
Marketfish Receives $4,500,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e25d42ae-e0a0-459b-8d83-4576c98d2c95&Preview=1 Date 5/16/2011 Company Name Marketfish Mailing Address 512 2nd Ave Seattle, WA 98104 Company Description Marketfish is the only 100% self-service lead generation platform that offers free access to permission-based email marketing lists as well as the ability to build and execute marketing campaigns, all in under thirty minutes. Website http://www.marketfish.com … Continue reading “Marketfish Receives $4,500,000 New Funding”
Datameer Garners $9,250,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=53e7a20f-2734-44ad-b609-4e3449a43e72&Preview=1 Date 5/16/2011 Company Name Datameer Mailing Address 2800 Campus Drive San Mateo, CA 94403 Company Description Datameer delivers a ground-breaking, easy-to-use data analytics solution for business users that is unmatched in scalability, performance and TCO. Website http://www.datameer.com Transaction Type Venture Equity Transaction Amount $9,250,000 Transaction Round Undisclosed Proceeds Purposes The company … Continue reading “Datameer Garners $9,250,000 New Funding”
PARC Fires Back at New Yorker, Claiming Old Apple Legend Misses Point of How Innovation Works Today
Three staff members at PARC, aka Xerox’s Palo Alto Research Center, have published a feisty response to Malcolm Gladwell’s May 16 New Yorker article, “Creation Myth: Xerox PARC, Apple, and the Truth about Innovation.” In short, the post acknowledges that the legend of Xerox PARC—the oft, oft, oft-repeated story (repeated once again by Gladwell) that … Continue reading “PARC Fires Back at New Yorker, Claiming Old Apple Legend Misses Point of How Innovation Works Today”
Merck Wins Approval for HCV Drug
The FDA approved Merck’s (NYSE: [[ticker:MRK]]) treatment for chronic Hepatitis C virus (HCV), boceprevir (Victrelis), according to a press release. Boceprevir is the first of a new class of therapies known as HCV protease inhibitors, and it was approved to be used in combination with peginterferon alfa and ribavirin—two drugs that are considered the standard of care. … Continue reading “Merck Wins Approval for HCV Drug”
Creating Breakthrough In Your Organization and In Yourself
From Gap International, the event organizers: “You’re well into Q2. There is so much to execute and achieve between now and the end of this year. The day to day is relentless. How do you ensure you are not just on track, but ahead of the game? Creating Breakthrough – In Your Organization and In … Continue reading “Creating Breakthrough In Your Organization and In Yourself”
SeaGen Adds $7.7M Lease
Seattle Genetics (NASDAQ: [[ticker:SGEN]]), the developer of targeted cancer drugs, said it has leased 81,000 square feet of office space in a building in Bothell, WA to accommodate its growth. The company agreed to pay $7.7 million for a 7-year lease at the new building, and has a couple of five-year options to extend the … Continue reading “SeaGen Adds $7.7M Lease”
Zaarly on Capitol Hill: Why the Startup Ecosystem Matters
On Tuesday, May 10, 2011, I had the opportunity to participate in a hearing convened by the U.S. House of Representatives Committee on Oversight and Government Reform. This was an incredible honor as an entrepreneur to sit on a distinguished panel and speak directly to leaders in the House of Representatives and from the Securities … Continue reading “Zaarly on Capitol Hill: Why the Startup Ecosystem Matters”
Cell Biosciences Boosts F Round, Buys Brightwell
Santa Clara, CA-based Cell Biosciences, the life sciences instrument maker that raised $20 million in Series F funding last fall, said yesterday that it has added a $13 million second tranche to the round and used some of the money to acquire Brightwell Technologies, an Ottawa, Ontari0-based maker of protein analysis tools. Essex Woodlands Health … Continue reading “Cell Biosciences Boosts F Round, Buys Brightwell”
Microsoft’s Online Head Qi Lu: Skype Deal Is “Key Addition” of Marquee Consumer Brand
Microsoft’s biggest acquisition to date was on display this week, in Boston. I’m not talking about Skype. I’m talking about Qi Lu. Lu, the president of Microsoft’s online services division, was in town on Wednesday to meet with employees at the firm’s New England Research and Development Center (NERD) in Cambridge, MA, and, in addition … Continue reading “Microsoft’s Online Head Qi Lu: Skype Deal Is “Key Addition” of Marquee Consumer Brand”
Oral Insulin Is Still Very Much Alive at Some New York and Boston Area Biotechs
Earlier this week, I wrote about MonoSolRx, a New Jersey company that hopes to start human trials later this year of an insulin product that’s packaged in an edible film. The film can be stuck to the side of the cheek, where it dissolves and distributes a dosage of insulin—the drug that most patients with … Continue reading “Oral Insulin Is Still Very Much Alive at Some New York and Boston Area Biotechs”
$7M for ThredUp
ThredUp, the San Francisco-based startup with an online platform where parents can swap kids’ toys, clothes, and books, said today that it has raised $7 million in new venture funding. Redpoint Ventures led the round, and Redpoint partner Tim Haley will join the company’s board. Trinity Ventures and former eBay CEO Brian Swette also participated … Continue reading “$7M for ThredUp”
Typesafe Snaps Up $3M
Cambridge, MA-based IT startup Typesafe announced yesterday that it had pinned down $3 million in a Series A financing led by Greylock Partners, with participation from individual investors who have worked for Facebook, VMWare, Oracle, Google, and more. Typesafe offers a platform for working on the Scala programming language, which is interoperable with Java and … Continue reading “Typesafe Snaps Up $3M”
iPierian, Stem Cell Startup With Big Science & Big Bucks, Axes Group of Top Executives
The board of iPierian, the South San Francisco-based stem cell company with high-profile scientific founders from Harvard University and prominent financial backers that include GlaxoSmithKline, Kleiner Perkins Caufield & Byers, Google Ventures, and Biogen Idec, has terminated several members of the company’s senior executive team as part of a shift in strategy, Xconomy has learned. … Continue reading “iPierian, Stem Cell Startup With Big Science & Big Bucks, Axes Group of Top Executives”
Buddy Media Picks Up Spinback
New York-based Buddy Media, which markets a Facebook management program for advertisers, has acquired Spinback, according to a press release. Spinback is a New York startup that makes social commerce tools for more than 20 retailers. The financial terms of the deal were not disclosed. Buddy Media has raised $38 million to date from the … Continue reading “Buddy Media Picks Up Spinback”