When I profiled Allylix last summer, CEO Carolyn Fritz explained how the San Diego startup was using genetically engineered yeast and proprietary fermentation technology to produce specialized “aroma chemicals” for the $1.9 billion flavor and fragrance market. The company’s first product was a compound with a keen grapefruit taste and smell called nootkatone, a flavor … Continue reading “Nootkatone, So A-peeling in Grapefruit, is Repellent to Mosquitoes and Ticks”
Gilt Rival Ideeli Raises $41 Million
The proliferation of New York-based fashion websites continues: ideeli announced that it has raised a Series C funding round of $41 million. The company offers members-only, limited-time “flash” sales of clothing and other goods, making it a direct competitor of the better-known Gilt Groupe. The funding round was led by Next World Capital, with participation … Continue reading “Gilt Rival Ideeli Raises $41 Million”
Gambling.com Domain Fetches $2.5M, Broker Says
Cambridge, MA-based Sedo, which provides an online marketplace for Web domain names, said today that it brokered UK-based Media Corp.’s sale of the “gambling.com” domain for $2.5 million to an unnamed British firm. It’s the largest sum paid for a domain this year, according to the broker. Sedo (which Xconomy’s Wade Roush profiled back in … Continue reading “Gambling.com Domain Fetches $2.5M, Broker Says”
Dassault Buys Enginuity
Product lifecycle management software maker Dassault Systemes, whose U.S. headquarters are in Lowell, MA, said today that it has acquired Milford, CT-based Enginuity PLM, a maker of formula-based product development software. The acquisition expands Dassault’s reach to customers in the pharmaceutical, cosmetics, personal care, fragrance, and food and beverage spaces. Financial terms of the deal … Continue reading “Dassault Buys Enginuity”
GE Healthcare Buys Applied Precision
GE Healthcare, a unit of industrial giant General Electric (NYSE: [[ticker:GE]]), said today it has agreed to acquire Issaquah, WA-based Applied Precision for an undisclosed amount. Applied Precision makes super high resolution microscopes with software and data visualization tools for biomedical researchers. Applied Precision had $37 million in revenue in 2010, has been growing 20 … Continue reading “GE Healthcare Buys Applied Precision”
FDA Panel Meets Today on Vertex HepC Drug
Vertex Pharmaceuticals (NASDAQ:[[ticker:VRTX]]) faces a test today for its experimental drug for hepatitis C virus, telaprevir, as the FDA Antiviral Drugs Advisory Committee meets today in Silver Springs, MD, to review the firm’s application for approval of the treatment. NASDAQ has halted trading of the Cambridge, MA-based firm’s common stock today, according to Vertex. Yesterday … Continue reading “FDA Panel Meets Today on Vertex HepC Drug”
Pfizer Adds to Data on Novel RA Drug
Pfizer (NYSE: [[ticker:PFE]]) announced in a press release that tofacitinib, its experimental JAK inhibitor for rheumatoid arthritis (RA), performed well in the final two pivotal phase 3 trials. Patients taking both the 5 and 10 milligram doses showed statistically significant changes versus placebo in reducing the symptoms of RA. The announcement comes two weeks after … Continue reading “Pfizer Adds to Data on Novel RA Drug”
Merck Gets Thumbs-Up on HCV Drug From FDA Panel
An FDA advisory panel unanimously recommended the agency approve Merck’s (NYSE: [[ticker:MRK]]) boceprevir (Victrelis) for the treatment of chronic hepatitis C virus (HCV) genotype 1 infection in combination with standard therapy, according to a press release. Although the FDA is not required to follow the advice of its advisory panels, it usually does. And if the drug … Continue reading “Merck Gets Thumbs-Up on HCV Drug From FDA Panel”
“My Parents Won’t Let Me Marry You Because You’re an Entrepreneur:” Cultural Challenges to Growing Entrepreneurship
During my recent trip to Korea, an American expat told me about his friend, a successful young Korean entrepreneur who employed a half-dozen people in an education business. He fell deeply in love with a Korean woman and wanted to get married, but her parents refused to approve of the marriage until he got a … Continue reading ““My Parents Won’t Let Me Marry You Because You’re an Entrepreneur:” Cultural Challenges to Growing Entrepreneurship”
Polaris Prepares for Liver Cancer Trial, Goal Draws Near for Hepatitis C Drug, & More San Diego Life Sciences News
Is sentiment coming together to push for FDA regulatory reform? Luke’s BioBeat column described industry efforts to shake up the FDA, and U.S. Rep. Darell Issa convened a hearing in San Diego last to collect life sciences testimony on needed reforms. We have details on all that and more. —In a run-up to an FDA … Continue reading “Polaris Prepares for Liver Cancer Trial, Goal Draws Near for Hepatitis C Drug, & More San Diego Life Sciences News”
Life360’s Family Safety App Rides the Wave of Smartphone Adoption—and Parental Fear
Contrary to popular belief, the world is not a more dangerous place for kids today than it was in the mid-20th century. Rates of violent crime and kidnapping involving children are no higher today than they were in the 1960s, and physical and sexual abuse against children have declined dramatically since 1990. For some reason, … Continue reading “Life360’s Family Safety App Rides the Wave of Smartphone Adoption—and Parental Fear”
Indel Grabs $1.4M for Antibiotics
Vancouver, BC-based Indel Therapeutics, the developer of new antibiotics, is announcing today it has raised $1.4 million in a second round of financing. Morningside Ventures, MAD Ventures, and Quantum Pacific Capital participated in the deal. I last profiled Indel two years ago, as CEO Malcolm Kendall outlined the company’s strategy for pursuing novel biological targets, … Continue reading “Indel Grabs $1.4M for Antibiotics”
Immune Design Gets New CEO, Seattle Biomed Nabs $9M, VCs Turn Up Heat on FDA, & More Seattle-Area Life Sciences News
This week we had a couple of notable personnel moves, a big clinical trial result for a drug with local roots, and some sobering commentary about how this crazy biotech business keeps getting harder by the day. —Seattle-based Immune Design, the developer of new vaccine technology, hired a big fish to be its new CEO. … Continue reading “Immune Design Gets New CEO, Seattle Biomed Nabs $9M, VCs Turn Up Heat on FDA, & More Seattle-Area Life Sciences News”
Startup Funding In March Doubles to $260M; Internet Edges Out Healthcare
Spring has sprung for the state’s tech and life sciences startups. After raising a slim $130.9 million in February, things really warmed up last month. Thirty-nine startups pulled in a whopping $260 million in equity-based funding, with a few sectors in particular taking sizeable chunks of cash, according to data from CB Insights’ FundingFlash, a … Continue reading “Startup Funding In March Doubles to $260M; Internet Edges Out Healthcare”
Gaia Metrics Lands $100,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2f65a0e9-0fe7-48d4-8ec7-a80920ef73fc&Preview=1 Date 4/28/2011 Company Name Gaia Metrics Mailing Address 48 Grove St. Somerville, MA 02144 Company Description Gaia Metrics helps companies and investors discover, qualify and truly understand the financial risk attached to environmental and social factors in their operations and supply chains. Website http://www.gaia-metrics.com Transaction Type Venture Equity Transaction Amount $100,000 … Continue reading “Gaia Metrics Lands $100,000 New Financing”
Gen9 Garners $300,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f732ff62-2736-45e6-ab31-c0fec7fca969&Preview=1 Date 4/28/2011 Company Name Gen9 Mailing Address 500 Technology Sq. Cambridge, MA 01239 Company Description The company is developing synthetic biology technologies. Website Undisclosed Transaction Type Debt Transaction Amount $300,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing – amended. M&A Terms Venture Investor Undisclosed
Invoke Solutions Lands $3,758,288 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fb9ba155-9812-4d32-8075-e40af7269463&Preview=1 Date 4/28/2011 Company Name Invoke Solutions Mailing Address 375 Totten Pond Road Waltham, MA 02451 Company Description Invoke Solutions has developed a revolutionary mass interaction technology that radically improves the way organizations understand and respond to their key constituencies. The Invoke software platform is driving transformation from traditional researching methods to … Continue reading “Invoke Solutions Lands $3,758,288 New Funding Round”
CNS Therapeutics Receives $50,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=161f8c99-83e7-4361-8540-0678bb180c5f&Preview=1 Date 4/28/2011 Company Name CNS Therapeutics Mailing Address 332 Minnesota Street Saint Paul, MN 55101 Company Description CNS Therapeutics develops and brings to market safe, high-quality pharmaceuticals for site-specific delivery to the central nervous system. Gablofen (baclofen injection) marks first breakthrough for CNS Therapeutics. Website http://www.gablofen.com Transaction Type Venture Equity Transaction … Continue reading “CNS Therapeutics Receives $50,000 New Financing Round”
Magnet Systems Obtains $12,600,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=963a0a61-e301-4fb4-b5df-291b26f127e3&Preview=1 Date 4/28/2011 Company Name Magnet Systems Mailing Address 471 Emerson St. Palo Alto, CA 94301 Company Description WIN enables the efficient development of secure and manageable enterprise social applications that take workforce productivity to new heights. WIN-based applications shift the center of gravity for enterprise software from the company to the … Continue reading “Magnet Systems Obtains $12,600,000 New Funding”
Scientific Conservation Obtains $3,350,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=df081c8f-4bb5-4423-8e09-9140d15c0382&Preview=1 Date 4/28/2011 Company Name Scientific Conservation Mailing Address 2107 Dwight Way Berkeley, CA 94704 Company Description Scientific Conservation (SCI) is revolutionizing energy efficiency and operational accountability for the multi-billion dollar commercial building market with a breakthrough Automated Continuous Commissioning (ACC) solution that can help slash annual energy spending 15 – 25%. … Continue reading “Scientific Conservation Obtains $3,350,000 Series B Financing Round”
BinOptics Receives $4,802,187 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=db435a94-e60b-4686-b24b-1921cdbe80af&Preview=1 Date 4/28/2011 Company Name BinOptics Mailing Address 9 Brown Road Ithaca, NY 14850 Company Description BinOptics Corporation designs, develops, and manufactures monolithically integrated optoelectronic components based on indium phosphide and other semiconductor materials. Website http://www.binoptics.com/ Transaction Type Debt Transaction Amount $4,802,187 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “BinOptics Receives $4,802,187 New Funding Round”
ideeli Lands $41,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1bd0bdc4-0919-4f10-9b9a-5ba59c503bb8&Preview=1 Date 4/28/2011 Company Name ideeli Mailing Address 374 West 11th Street New York, NY 10014 Company Description Ideeli is online shopping community that connects luxury brands with the consumers who covet them through computers, emails or cell phones. Website http://www.ideeli.com Transaction Type Venture Equity Transaction Amount $41,000,000 Transaction Round Series C … Continue reading “ideeli Lands $41,000,000 Series C Funding Round”
Halogen Network Acquires YouCast for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8be9c690-3481-4aca-bdf7-504ab0ba205f&Preview=1 Date 4/28/2011 Company Name YouCast Mailing Address 401 5th Ave. Fourth Floor New York, NY 10016 Company Description The company operates an online digital advertising network. Website http://www.Youcastcorp.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed. YouCast will operate … Continue reading “Halogen Network Acquires YouCast for Undisclosed Sum”
Clarizen Receives $12,000,000 Series D Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f21a5a77-b8a4-4fd4-a0a9-835ef845d43d&Preview=1 Date 4/28/2011 Company Name Clarizen Mailing Address 2755 Campus Drive San Mateo, CA 94403 Company Description Clarizen enables on-demand, enterprise-grade project management for everyone. Active participation and secure cooperation lead to true team collaboration, while up-to-the-minute live knowledge helps align project data with business objectives. Website http://www.clarizen.com Transaction Type Venture Equity … Continue reading “Clarizen Receives $12,000,000 Series D Financing Round”
MediaBank Acquires AdBuyer.com for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a89652e-8f9c-4629-ab51-edaab2442048&Preview=1 Date 4/28/2011 Company Name AdBuyer.com Mailing Address 20 W. 20th St. New York, NY 10011 Company Description AdBuyer.com provides the only buying and optimization platform across search and the display ad exchanges. Website http://www.adbuyer.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction … Continue reading “MediaBank Acquires AdBuyer.com for Undisclosed Sum”
OpenExchange Communications Obtains $1,425,489 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c4e90688-86a2-48df-97cf-23291ab6e965&Preview=1 Date 4/28/2011 Company Name OpenExchange Communications Mailing Address Two Oliver Street Boston, MA 02109 Company Description The financial services industry is the most meeting intensive in the world. It deserves a 21st century meeting platform. We believe that our system of online profiles, meeting pages, calendars and directories, and their integration … Continue reading “OpenExchange Communications Obtains $1,425,489 New Round”
BetterLesson Receives $1,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d2924aca-5ed1-41f1-a8a8-5c66a35c4056&Preview=1 Date 4/28/2011 Company Name BetterLesson Mailing Address 1 Camp Street Cambridge, MA 02140 Company Description BetterLesson was founded by a group of teachers from Atlanta and Boston public schools to connect educators and help them create, organize, and share their curricula. We are focused on aggregating and scaling the most innovative … Continue reading “BetterLesson Receives $1,000,000 New Round”
BioBehavioral Diagnostics Lands $300,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0dade363-272f-4c52-8c35-d859569103a3&Preview=1 Date 4/28/2011 Company Name BioBehavioral Diagnostics Mailing Address 239 Littleton Road Westford, MA 01886 Company Description BioBehavioral Diagnostics Company (BioBDx) is a privately held company whose mission is to develop, manufacture, and market proprietary diagnostic systems for the quantitative assessment of behavioral disorders, including the measurement of medication response and the … Continue reading “BioBehavioral Diagnostics Lands $300,000 New Funding”
LegalZoom Lands New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d9c8338f-1300-4de8-bc20-9fe3817891f0&Preview=1 Date 4/28/2011 Company Name LegalZoom Mailing Address 7083 Hollywood Blvd. Los Angeles, CA 90028 Company Description The company operates a website that provides legal forms and other resources. Website http://www.legalzoom.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Specific proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “LegalZoom Lands New Funding”
Inspirato Lands $11,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5fa30861-f70f-41ce-b416-9b6eb04329a8&Preview=1 Date 4/28/2011 Company Name Inspirato Mailing Address 1637 Wazee Street Denver, CO 80202 Company Description The company operates a website that enables users to find expensive vacations at lower prices. Website http://www.inspirato.com Transaction Type Venture Equity Transaction Amount $11,000,000 Transaction Round Undisclosed Proceeds Purposes The company, which launched in January, is … Continue reading “Inspirato Lands $11,000,000 New Financing Round”
NetSocket Lands $2,757,412 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ba3c9f6b-0f9e-417a-94b2-23a82ba0ddc0&Preview=1 Date 4/28/2011 Company Name NetSocket Mailing Address 3701 W. Plano Pkwy. Plano, TX 75075 Company Description NetSocket has created the world’s first real-time IP service assurance solution: the patented, award-winning, and innovative Session2Topology correlation engine. NetSocket empowers network operators to correlate previously disparate information about both network state and real-time IP … Continue reading “NetSocket Lands $2,757,412 New Funding Round”
Spiceworks Lands $25,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0cdd928e-0762-4847-9609-e07aacd8fd8b&Preview=1 Date 4/28/2011 Company Name Spiceworks Mailing Address 7300 FM 2222, Bldg 3 Austin, TX 78730 Company Description Spiceworks develops the industry’s first free IT management software designed to meet the unique needs of small and medium businesses. Spiceworks helps IT organizations easily manage their networks, solve IT problems and find the … Continue reading “Spiceworks Lands $25,000,000 New Financing”
MIT Enterprise Forum of the Northwest: Event Program Brainstorming Event
The MIT Enterprise Forum of the Northwest is holding a brainstorming session on May 19 to discuss topics to cover at its events. For more information, click here.
Halogen Merges with YouCast
San Francisco-based Halogen Media, a startup that places ads and content across a network of independent publishers, said on its blog today that it has merged with YouCast, a New York company offering similar services. “Together with the YouCast team and technology, the new Halogen will strive to deliver the ideal blend of paid media (custom … Continue reading “Halogen Merges with YouCast”
WiTricity Scores Deal with Toyota
Watertown, MA-based WiTricity, a developer of a wireless charging system for electric cars and plug-in hybrids, has formed a technology partnership with Japan-based Toyota Motor Corporation. The deal includes a Toyota investment in WiTricity, reported to be in the single-digit millions of dollars, according to Scott Kirsner of the Boston Globe. Earlier this month, Delphi … Continue reading “WiTricity Scores Deal with Toyota”
VMIX Releases “Vidcinity” iPad App
San Diego-based VMIX, which has revised its strategy to emphasize social media, today unveiled a free Vidcinity iPad 2 app that allows users to create and broadcast video linked to a specific location, and enables users to find other location-specific videos. VMIX, which announced last month that it was offering video rentals on Facebook, says … Continue reading “VMIX Releases “Vidcinity” iPad App”
PacBio, After 7 Years and $580M, Starts Shipping New Generation DNA Sequencer
Pacific Biosciences has spent seven long years in R&D, and raised $580 million, to arrive at a milestone that all businesses must reach sooner or later. Today, it has officially started selling its much-anticipated commercial product. Menlo Park, CA-based PacBio (NASDAQ: [[ticker:PACB]]) is announcing today that it has begun commercial shipments of its PacBio RS … Continue reading “PacBio, After 7 Years and $580M, Starts Shipping New Generation DNA Sequencer”
David Brophy and the Michigan Growth Capital Symposium: A 30-Year-Old Growth Story
When I first started at Xconomy three months ago, people consistently urged me to meet two people: Dug Song and David Brophy. Song, a successful local Internet entrepreneur, was obvious. But why Brophy, a long time business professor at the University of Michigan? Well, it’s a little something called the Michigan Growth Capital Symposium (MGCS). … Continue reading “David Brophy and the Michigan Growth Capital Symposium: A 30-Year-Old Growth Story”
San Diego’s Polaris Moves to Late-Stage Test of Drug for Liver Cancer and Other “Arginine-Dependant” Tumors
Bor-Wen Wu says he had the North Star in mind in 2006 when he founded San Diego’s Polaris Group, a small holding company with a promising lead drug candidate for treating liver cancer, malignant melanoma, and other related cancers. As an explorer in science, Wu says, “I need a North Star to tell me where … Continue reading “San Diego’s Polaris Moves to Late-Stage Test of Drug for Liver Cancer and Other “Arginine-Dependant” Tumors”
J&J Makes $21 billion bid for Synthes
Johnson & Johnson (NYSE: [[ticker:JNJ]]) is making its biggest acquisition ever, picking up Swiss medical device maker Synthes for $21.3 billion, according to a press release. New Brunswick, NJ-based J&J will pay 159 Swiss francs in stock and cash—a more than 20% premium over Synthes’ share price on April 14, when rumors about the deal first … Continue reading “J&J Makes $21 billion bid for Synthes”
See You Tonight at “The Maker Revolution: From Workbench to Business”
When people talk about the barriers to entrepreneurship coming down, it doesn’t just apply to Internet startups anymore. These days, it’s getting easier and cheaper for any creative person to get access to the design software, machine tools, and other technology they need to turn their ideas for physical products into real businesses. Just look … Continue reading “See You Tonight at “The Maker Revolution: From Workbench to Business””
AppNeta Nabs $6.2M
AppNeta, a provider of cloud-based network management technology, announced today that it has raised $6.2 million in new funding, led by Bain Capital Ventures, Egan-Managed Capital, JMI Equity (which is based in San Diego and Baltimore, MD), and Business Development Bank of Canada. The Wellesley Hills, MA-based company, whose technology and staff comes from Apparent Networks, … Continue reading “AppNeta Nabs $6.2M”
TA, Summit Put $350M Into Bigpoint
Germany-based Bigpoint, an online gaming company with a developer team in San Francisco, said that it secured $350 million in a recapitalization financing from TA Associates and Summit Partners, growth equity firms with offices in Boston and Silicon Valley. The deal gives TA and Summit a controlling share of Bigpoint together, with previous shareholder Comcast … Continue reading “TA, Summit Put $350M Into Bigpoint”
Genzyme and Anika Patent Dispute Continues
Cambridge, MA-based biotech Genzyme, now a unit of Sanofi-Aventis (NYSE:[[ticker:SNY]]), has amended its patent infringement lawsuit against its competitor Anika Therapeutics (NASDAQ:[[ticker:ANIK]]) related to Anika’s osteoarthritis treatment, Monovisc. Genzyme also filed a new complaint in U.S. District Court in Boston that includes a newly issued patent, according to Anika. Genzyme, the world’s largest maker of … Continue reading “Genzyme and Anika Patent Dispute Continues”
Seattle Biomed Nabs $9M Gates Foundation Grant to Speed Up Malaria Vaccine Effort
Seattle Biomed isn’t wasting any time putting the whole systems biology idea to work. The nonprofit global health research center is announcing today it has nailed down an $8.9 million grant from the Bill & Melinda Gates Foundation to use systems biology techniques to identify new biomarkers that could become building blocks for a new … Continue reading “Seattle Biomed Nabs $9M Gates Foundation Grant to Speed Up Malaria Vaccine Effort”
NYU-Poly Varick Street Incubator Taps Into Student Talent and Helps Startups Grow Up
While working in technology transfer and in the Brooklyn-based incubator at the Polytechnic Institute of New York University, Bruce Niswander says he saw a disconnect between the “high supply of talented, energetic students,” and hiring struggles at startup companies. “One of biggest challenges for a small business is identifying talent that’s affordable and available,” says … Continue reading “NYU-Poly Varick Street Incubator Taps Into Student Talent and Helps Startups Grow Up”
KEW, Led by Millennium Co-Founder, Seeks to Bring Big-Time Cancer Care to Community Clinics
A new cancer care startup called KEW Group has been quietly operating in the Boston area and entered advanced talks to raise a sizable amount from venture investors. With an ensemble cast of founders from Harvard and elsewhere, KEW plans to provide community oncology clinics with information technology-supported services to make evidence-based medicine, such as … Continue reading “KEW, Led by Millennium Co-Founder, Seeks to Bring Big-Time Cancer Care to Community Clinics”
Immune Design, Developer of New Vaccines, Adds Former Elan President as New CEO
Immune Design aspires to become a bigger company, and now it has recruited a CEO from a bigger company. The Seattle-based vaccine developer is announcing today that its new chief executive is Carlos Paya, the former president of Elan, the Ireland-based biotech company which has significant operations in South San Francisco. Paya is replacing Immune … Continue reading “Immune Design, Developer of New Vaccines, Adds Former Elan President as New CEO”
eBay Acquires Where, Bluebird Calls In $30M, Humedica Gets $20M, & More Boston-Area Deals News
EBay’s $135 million acquisition of the mobile startup Where took the spotlight this week, but we also saw headlines of financings for New England-area firms in the IT, cleantech, and life sciences spaces. —Cambridge, MA-based Bluebird Bio pulled in $30 million in Series C financing from new investor ARCH Venture Partners and existing backers Third … Continue reading “eBay Acquires Where, Bluebird Calls In $30M, Humedica Gets $20M, & More Boston-Area Deals News”
Social vs. Manufacturing: Differences in American and Scandinavian Startup Culture
Are Americans more social and Scandinavians more interested in making things? These questions came to my mind when we recently compiled our annual list of Sweden’s 33 most innovative startups at Ny Teknik, a Swedish weekly magazine covering business, technology and science news. The companies in the finished list, as well as those (several hundred) … Continue reading “Social vs. Manufacturing: Differences in American and Scandinavian Startup Culture”