Got five minutes? Here’s an eye-opening example of how markets are analyzed, how VC deals are won, how startups are built—and a little bit about what might have been. New York-based 5min Media, a video syndication company, started in 2007 as a portal for how-to videos, and became a top video-content aggregator before getting bought … Continue reading “The 5min Story in 5 Minutes, As Told By Spark Capital’s Alex Finkelstein”
IdeaPaint Lands $4,999,999 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e80e4b9f-705f-4d05-b7dd-29d68ad44bf4&Preview=1 Date 4/27/2011 Company Name IdeaPaint Mailing Address 290 Eliot St. Ashland, MA 01721 Company Description IdeaPaint is a patent-pending single-coat roller-applied paint that transforms any smooth surface into a high performance dry-erase writing surface. IdeaPaint is perfect for the conference room, creative spaces, classrooms, home offices, kids rooms, playrooms… or any … Continue reading “IdeaPaint Lands $4,999,999 New Financing Round”
AppNeta Lands $6,200,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=64c3e623-f6dd-49b3-984c-3c85b1538806&Preview=1 Date 4/27/2011 Company Name AppNeta Mailing Address 110 Cedar St. Wellesley, MA 02481 Company Description AppNeta delivers instant-value network performance management solutions required to drive exceptional application performance across all data center, cloud, remote office and mobile environments. Website http://www.appneta.com Transaction Type Venture Equity Transaction Amount $6,200,000 Transaction Round Undisclosed Proceeds … Continue reading “AppNeta Lands $6,200,000 New Funding”
SignalSet Obtains $6,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5532e38b-abf4-4e81-8436-098b2a4d71c1&Preview=1 Date 4/27/2011 Company Name SignalSet Mailing Address 720 3rd Ave. Seattle, WA 98104 Company Description SignalSet has developed the first wireless infrastructure solution that allows wireless machine-to-machine device manufacturers and OEMs to deploy and remotely manage wireless devices capable of seamlessly switching between GSM and CDMA wireless networks with no manual … Continue reading “SignalSet Obtains $6,000,000 Series A Round”
Sittercity Receives $22,600,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=408e0a1e-59bd-4a02-9700-546f2fb8ea71&Preview=1 Date 4/27/2011 Company Name Sittercity Mailing Address 222 Merchandise Mart Plaza 22nd Floor Chicago , IL 60654 Company Description At Sittercity, our mission is to connect parents with caregivers in their area to give each side what they want – some time off for adults-only activities and access to a multitude … Continue reading “Sittercity Receives $22,600,000 New Round”
PapayaMobile Secures $18,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1907eacb-76b7-491b-8f70-3df6d0243aec&Preview=1 Date 4/27/2011 Company Name PapayaMobile Mailing Address Undisclosed Menlo Park, CA 94025 Company Description PapayaMobile provides third party developers with an open-API, cross-platform mobile social networking service (SNS) focusing on social games and virtual goods. Website http://www.papayamobile.com Transaction Type Venture Equity Transaction Amount $18,000,000 Transaction Round Series B Proceeds Purposes PapayaMobile’s … Continue reading “PapayaMobile Secures $18,000,000 Series B Financing Round”
Eiger Biopharmaceuticals Obtains $3,550,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7ff357bb-ea83-40ad-876f-59f93a93227e&Preview=1 Date 4/27/2011 Company Name Eiger Biopharmaceuticals Mailing Address 3350 West Bayshore Road Palo Alto, CA 94303 Company Description Eiger BioPharmaceuticals, Inc., is a biopharmaceutical company focused on the discovery and development of new antiviral agents against novel targets in the treatment of hepatitis. Eiger’s pipeline includes repurposed clinical agents as well … Continue reading “Eiger Biopharmaceuticals Obtains $3,550,000 Series A Round”
CloudPassage Garners Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bb430a7e-247a-48c3-bbca-86edce9188b2&Preview=1 Date 4/27/2011 Company Name CloudPassage Mailing Address 228 Hamilton Ave. Palo Alto, CA 94301 Company Description CloudPassage provides security SaaS solutions for securing cloud servers. Our Halo products give DevOps, SysAdmins and SecOps professionals the ability to easily protect servers across private, public and hybrid clouds. Website http://www.cloudpassage.com Transaction Type Venture … Continue reading “CloudPassage Garners Series A Funding Round”
Visible Measures Lands $7,700,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d77a1553-e4b0-4944-bcd4-ddc82b1ee552&Preview=1 Date 4/27/2011 Company Name Visible Measures Mailing Address 25 Kingston St 5th Fl Boston, MA 02111 Company Description Visible Measures Corp. (VMC) is helping to revolutionize the way publishers, advertisers, and audiences engage with Internet delivered video. Our Video Experience Measurement (VXM) suite of products provides objective 3rd party audience measurement … Continue reading “Visible Measures Lands $7,700,000 New Round”
Square Receives New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=20cda25e-8a10-4e95-9833-95bd88a2188b&Preview=1 Date 4/27/2011 Company Name Square Mailing Address 901 Mission St. San Francisco, CA 94101 Company Description The company operates as a mobile payment service company. Website http://www.squareup.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Visa
Giftiki Secures $1,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=464a4abf-23f7-4efa-a7d9-d371e09ea9bc&Preview=1 Date 4/27/2011 Company Name Giftiki Mailing Address Undisclosed San Francisco, CA 94105 Company Description The company operates a website and service that enables people to send small amounts of money as gifts, allowing users to join a pool to combine their amounts for more substantial gifts. Website http://www.giftiki.com Transaction Type Venture … Continue reading “Giftiki Secures $1,000,000 Series A Financing”
MarketSharing Obtains $1,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=71b269c7-5d12-4bc8-ba6f-e5b20c278395&Preview=1 Date 4/27/2011 Company Name MarketSharing Mailing Address Undisclosed New York, NY 10001 Company Description MarketSharing is a marketplace and deals service created to help businesses grow faster and save money, and get in on the type of pricing the big companies get. We are focused on hyper local products and services … Continue reading “MarketSharing Obtains $1,000,000 New Funding”
WiTricity Receives New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=850a4096-37a6-4c5a-8148-8cdb9e288d5b&Preview=1 Date 4/27/2011 Company Name WiTricity Mailing Address 44 Westlund Rd. Belmont, MA 02478 Company Description The company is developing technology to transmit energy wirelessly. Website http://www.witricitynet.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed, however the company has formed a technology partnership … Continue reading “WiTricity Receives New Funding Round”
Maker Faire Bay Area
O’Reilly Media and MAKE, the magazine for DIY technology projects, bring you the latest, greatest event for makers of all stripes. Information and registration here.
Cleantech Open Pacific Northwest Briefing
The Cleantech Open, an investment competition that spurs creation of new cleantech companies, is holding a lunchtime briefing for prospective applicants and mentors in Seattle on May 3. For more information on how to register, click here.
MK Capital Receives First Commitment From $120M Venture Michigan Fund II
Venture Michigan Fund II, a $120 million state-financed limited partnership designed to stimulate early stage venture capital, said Tuesday it will commit an unspecified amount of dollars to MK Capital. MK Capital, the Chicago-based venture firm which specializes in digital media, software, and education technology, is the first venture firm to receive money from the … Continue reading “MK Capital Receives First Commitment From $120M Venture Michigan Fund II”
Time to Rethink Academia-Biopharm Industry Partnership
This afternoon forum, presented by the Chinese Life Science Professionals Association, will explore issues surrounding the increasing partnerships between pharmaceutical companies and academic institutions. The event will feature panelists representing such companies as AstraZeneca, Regeneron, and Merck, as well as Columbia University, Harvard, and Mount Sinai School of Medicine. Register here.
Next Step Nabs $1.5M
Boston-based cleantech startup Next Step Living has brought in $1.5 million of an equity offering that could total $2.8 million, according to an SEC filing. The company, which helps consumers audit their home for energy inefficiencies and retrofit them to prevent heated or cooled air from escaping, raised $2.6 million in Series B funding last … Continue reading “Next Step Nabs $1.5M”
Regeneron Reports Positive Results in Colon Cancer Trial
Tarrytown, NY-based Regeneron Pharmaceuticals (NASDAQ: [[ticker:REGN]]) and Sanofi-aventis (NYSE: [[ticker:SNY]]) of France announced in a press release that their investigational drug aflibercept (Zaltrap) met its primary survival endpoint in a Phase III trial. The drug was tested as a second-line treatment in patients with colorectal cancer that had spread. “These findings are exciting given the limited second-line treatment … Continue reading “Regeneron Reports Positive Results in Colon Cancer Trial”
KQED Takes a Technological Step Toward Killing the On-Air Pledge Drive
If you’re a loyal public radio listener like me, you understand the special torture of pledge drive season. You grumble as your favorite shows get interrupted several times per hour by announcers pleading for your cash (the difficulty being that they may actually need it more than ever, if GOP efforts to strip NPR’s federal … Continue reading “KQED Takes a Technological Step Toward Killing the On-Air Pledge Drive”
Al Gore’s Favorite Waste-to-Energy Company On Deck for Xconomy May 19 Event
Poke around a little bit here on the West Coast, and you can find some fascinating people working on big alternative fuel ideas that are below the public radar. You’d never know it, but one of the brains behind one of Al Gore’s favorite alternative fuel companies is right here in Seattle, and will be … Continue reading “Al Gore’s Favorite Waste-to-Energy Company On Deck for Xconomy May 19 Event”
From Crowdfunding to Jobs? IndieGoGo Seeks to Boost Startup America By Corraling Small Investments
The Startup America Partnership wants to make sure the little guy doesn’t get forgotten. That’s why San Francisco-based IndieGoGo turned up on a new list of companies contributing to the high-profile national job creation initiative last week. One of the first “crowdfunding” platforms, IndieGoGo helps individuals and organizations raise non-equity funding for their projects online. … Continue reading “From Crowdfunding to Jobs? IndieGoGo Seeks to Boost Startup America By Corraling Small Investments”
SR One Opens Bay Area Shop
SR One, the independent venture arm of London-based drug giant GlaxoSmithKline (NYSE:[[ticker:GSK]]), has established a San Francisco office after a long history of backing West Coast biotechs such as Amgen (NASDAQ:[[ticker:AMGN]]) and Idec Pharmaceuticals (now part of Biogen Idec (NASDAQ:[[ticker:BIIB]]) of Weston, MA), the group announced today. Simeon George, a partner at SR One, is … Continue reading “SR One Opens Bay Area Shop”
Dyax, FivePrime Cut Antibody Deal
Cambridge, MA-based Dyax (NASDAQ: [[ticker:DYAX]]) and South San Francisco-based FivePrime Therapeutics said today they have agreed to collaborate on an effort to discover new antibody drugs. Dyax will use its phage display technology to help FivePrime identify the best antibody candidates aimed at multiple biological targets. Dyax will get undisclosed technology license fees, and support … Continue reading “Dyax, FivePrime Cut Antibody Deal”
Service-Now Names Software Industry Veteran Frank Slootman as CEO
When I met in January with Service-now.com founding CEO Fred Luddy, he said the company that provides software-as-a-service for IT management has enough momentum to carry it through an IPO. Today, if I’m reading the tea leaves correctly, the San Diego company took an important preliminary step in that process by naming Bay Area software … Continue reading “Service-Now Names Software Industry Veteran Frank Slootman as CEO”
OrganizedWisdom Recruits Experts to Filter Health Information on the Web
When I met OrganizedWisdom co-founder Unity Stoakes for lunch on April 22, he had been awake for 40 hours, embroiled in a manic effort to recover from a massive Amazon cloud breakdown the day before, which nearly brought his site to a standstill. OrganizedWisdom is a health-information aggregator in New York that relies on cloud-computing … Continue reading “OrganizedWisdom Recruits Experts to Filter Health Information on the Web”
FDA Says Vertex Drug a Wee Bit More Effective Than Advertised; Stock Climbs
The FDA often finds a few flies in the ointment when it digs through new drug applications, but in the case of Cambridge, MA-based Vertex Pharmaceuticals (NASDAQ: [[ticker:VRTX]]), its new hepatitis C drug looks a bit better under close scrutiny. Shares of Vertex climbed more than 10 percent after FDA briefing documents on the new … Continue reading “FDA Says Vertex Drug a Wee Bit More Effective Than Advertised; Stock Climbs”
Lux Capital Adds James Woolsey and Richard Foster
Former CIA director James Woolsey and McKinsey & Company vet Richard Foster have joined New York-based Lux Capital as partners, the company said in a press release. Woolsey will be looking for investing opportunities in the energy sector, while Foster will focus on life sciences and healthcare IT. “Innovation in energy will be the primary … Continue reading “Lux Capital Adds James Woolsey and Richard Foster”
Proteostasis Adds Targets, Drugs From Harvard
Proteostasis Therapeutics, the Cambridge, MA-based company seeking to keep proteins in balance to fight neurodegenerative diseases, said today it has obtained two exclusive technology licenses from Harvard University. The licenses pertain to the ubiquitin-proteosome pathway, and include biological targets and small-molecule drug candidates. Proteostasis, founded by Healthcare Ventures in Boston with technology from The Scripps … Continue reading “Proteostasis Adds Targets, Drugs From Harvard”
Oyster.com Scores $7.5 Million from The Travel Channel
New York-based hotel-information site Oyster.com confirmed in a blog posting that The Travel Channel has invested $7.5 million in the company. Under the terms of the partnership, Oyster’s content will be featured on The Travel Channel’s TV network and website. Oyster.com, founded in 2008, sends under-cover reviewers to hotels. The site features those reviews, plus … Continue reading “Oyster.com Scores $7.5 Million from The Travel Channel”
Illumina Joins $41M Bet on Oxford Nanopore
San Diego-based Illumina (NASDAQ: [[ticker:ILMN]]), the world’s biggest maker of high-speed gene sequencing machines, has made another equity investment in U.K-based Oxford Nanpore. Oxford said today it has raised $41 million (25 million pounds) from Lansdowne Partners, IP Group, Invesco Perpetual, Redmile Group, Illumina and other undisclosed investors. Illumina first invested in Oxford, and its … Continue reading “Illumina Joins $41M Bet on Oxford Nanopore”
Acucela Adds Finance Chief
Acucela, the Seattle-based maker of drugs for eye diseases, said today it has hired David Lowrance as its chief financial officer. Lowrance was most recently chief financial officer for Nashville, TN-based Cumberland Pharmaceuticals (NASDAQ: [[ticker:CPIX]]), where he part of that company’s IPO.
Sean Tunis, Former Medicare Guru, on What Biotechies Gotta Do the Next Five Years
There are a lot of biotech entrepreneurs out there who are living by yesterday’s rules. The idea was you really had to design and execute a bang-up clinical trial for your new drug or device, win FDA approval, market the heck out of it, and count the money. If that sounds like your idea of … Continue reading “Sean Tunis, Former Medicare Guru, on What Biotechies Gotta Do the Next Five Years”
Joi Ito Will Put MIT Media Lab Back on World Stage, Says Maes-Watch for Hiring Binge
The overnight consensus from the twittersphere is that Joichi Ito—a globetrotting Internet entrepreneur, investor, activist, and blogger with few academic credentials—was a daring and unconventional choice to lead the 26-year-old MIT Media Lab. And that, says search committee leader Pattie Maes, is exactly the effect the lab wanted to achieve. The Media Lab “has always … Continue reading “Joi Ito Will Put MIT Media Lab Back on World Stage, Says Maes-Watch for Hiring Binge”
Amazon’s Cloud Crash, Under-the-Radar Inventions, Zillow’s Trend-Setting IPO, & More in the Seattle-Area Tech Roundup
As we dive into a new week in Seattle, Amazon Web Services‘ big cloud computing crash is still reverberating. The server-farm failure took out countless small sites and apps that rely on Amazon’s (NASDAQ: [[ticker:AMZN]]) market-leading service, and the company got low marks for its communication while attempting to fix the problem over several days. … Continue reading “Amazon’s Cloud Crash, Under-the-Radar Inventions, Zillow’s Trend-Setting IPO, & More in the Seattle-Area Tech Roundup”
Zapoint Charting Out “Skills Maps” of 300 Big Companies
Zapoint, a Cambridge, MA-based maker of career management software, is taking an unusual approach to getting the attention of HR departments. The company announced last month that it is compiling the data generated by social networking sites like LinkedIn and Facebook to put together what it calls “skills maps” of the workforces at roughly 300 … Continue reading “Zapoint Charting Out “Skills Maps” of 300 Big Companies”
Nano Terra Lands $2,300,069 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b359bc54-0969-451f-80b6-47884a93091c&Preview=1 Date 4/26/2011 Company Name Nano Terra Mailing Address 50 Soldiers Field Pl. Brighton, MA 02135 Company Description Nano-Terra is a nano- and micro-technology development company headquartered in Cambridge, Massachusetts, USA. We commercialize our technology platform and the know-how of our people in strategic partnerships with large national and international companies that … Continue reading “Nano Terra Lands $2,300,069 New Round”
GOTO Metrics Lands $3,000,003 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=94b62e6a-3f91-490e-8be8-8c3aae11767f&Preview=1 Date 4/26/2011 Company Name GOTO Metrics Mailing Address 411 Main Street Half Moon Bay, CA 94019 Company Description GOTO Metrics believes that its solution represents a paradigm shift from traditional data stores (Databases) by offering its customers an easy to use, highly scalable, flexible platform for aggregating, analyzing, and visualizing small … Continue reading “GOTO Metrics Lands $3,000,003 New Financing Round”
Evolv Obtains $15,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=48783298-f41b-4b4e-9298-cd4648cba711&Preview=1 Date 4/26/2011 Company Name Evolv Mailing Address 455 Hickey Boulevard Daly City, CA 94015 Company Description Evolv offers a web-based Talent Intelligence platform that utilizes on-the-job data collected via our Evolv Network to help you make more profitable hiring decisions. Our science-based, proprietary approach better matches employees and employers. Website http://www.evolvondemand.com … Continue reading “Evolv Obtains $15,000,000 Series C Funding Round”
Pearson plc Acquires SchoolNet for $230,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e7ca255-c40c-4b3c-9a1f-f2c64a3f34e4&Preview=1 Date 4/26/2011 Company Name SchoolNet Mailing Address 525 Seventh Avenue Fourth Floor New York, NY 10018 Company Description SchoolNet Inc., the leader in School Performance Management Systems, improves efficiency and increase achievement in school systems. Website http://www.schoolnet.com Transaction Type M&A Transaction Amount $230,000,000 Transaction Round Proceeds Purposes M&A Terms The acquisition … Continue reading “Pearson plc Acquires SchoolNet for $230,000,000”
Milk Receives $1,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b3de6277-4756-4fc4-955c-3fff8b0d9b03&Preview=1 Date 4/26/2011 Company Name Milk Mailing Address Undisclosed San Francisco, CA 94123 Company Description The company develops mobile applications. Website http://www.milkinc.com Transaction Type Venture Equity Transaction Amount $1,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor SV Angel Venture Investor Floodgate Venture Investor Individual Investor … Continue reading “Milk Receives $1,500,000 New Financing Round”
VMWare Acquires SlideRocket for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=375be229-fe25-454a-8bc4-be1260db7d3a&Preview=1 Date 4/26/2011 Company Name SlideRocket Mailing Address 251 South Van Ness Avenue San Francisco, CA 94103 Company Description SlideRocket is a web application that provides everything you need to design professional quality presentations, manage and share libraries of slides and assets, and to deliver presentations in person or remotely over the … Continue reading “VMWare Acquires SlideRocket for Undisclosed Sum”
Channelinsight Lands $10,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eb7a514f-765a-4a51-a8b6-12d0fbb26fab&Preview=1 Date 4/26/2011 Company Name Channelinsight Mailing Address 1875 Lawrence Street Denver, CO 80202 Company Description Channelinsight provides channel visibility and channel management software and services to global corporations that sell through networks of distributors, dealers, resellers, VARs, retailers, agents or branches (i.e., channel partners). Website http://www.channelinsight.com Transaction Type Venture Equity Transaction … Continue reading “Channelinsight Lands $10,000,000 Series C Financing Round”
OnAsset Intelligence Secures $6,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e909d827-2eb8-45cc-9b99-cf122212b8e4&Preview=1 Date 4/26/2011 Company Name OnAsset Intelligence Mailing Address 3080 Story Rd. W Irving, TX 75038 Company Description OnAsset Intelligence is an integrated service provider offering best of breed products and services for M2M applications. We serve Fortune 500 companies, government and military operations and small to mid-size businesses by creating guaranteed … Continue reading “OnAsset Intelligence Secures $6,000,000 New Funding”
OnAsset Intelligence Lands $6,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e909d827-2eb8-45cc-9b99-cf122212b8e4&Preview=1 Date 4/26/2011 Company Name OnAsset Intelligence Mailing Address 3080 Story Rd. W Irving, TX 75038 Company Description OnAsset Intelligence is an integrated service provider offering best of breed products and services for M2M applications. We serve Fortune 500 companies, government and military operations and small to mid-size businesses by creating guaranteed … Continue reading “OnAsset Intelligence Lands $6,000,000 New Funding Round”
Zino Green Investment Forum
The Zino Society is presenting its annual Zino Green Investment Forum for cleantech companies on April 26th. The event will highlight 15 entrepreneurs vying for investment. Amy Bann, the director of environmental policy, business development and strategy for Boeing Commercial Airplanes, and U.S. Rep Jay Inslee will be among the featured speakers. For more information … Continue reading “Zino Green Investment Forum”
Joi Ito Named to Take Over MIT Media Lab
The Massachusetts Institute of Technology news office has confirmed a New York Times scoop today revealing that ubiquitous technology entrepreneur Joichi “Joi” Ito has been named the next director of the MIT Media Lab—an institution famed for giving its industry sponsors, and the outside world, a perpetual window into the future of computing and communications. … Continue reading “Joi Ito Named to Take Over MIT Media Lab”
Paul Allen, the Quiet Billionaire with Fingerprints All Over Seattle, Shows the Hometown Crowd a Bit of Himself
Even in his hometown, Paul Allen can seem like an enigma. His influence is everywhere, from sports teams to politics to real estate development. But because of his famously private ways, Allen is only occasionally seen and very rarely heard. That made last Friday’s long public interview at Town Hall an interesting event. It was … Continue reading “Paul Allen, the Quiet Billionaire with Fingerprints All Over Seattle, Shows the Hometown Crowd a Bit of Himself”
Serial Entrepreneur Jeff Williams To Lead Life Magnetics
If it ain’t broke, don’t fix it. Arboretum Ventures in Ann Arbor, MI, is once again teaming up with serial CEO Jeff Williams to try to spin a University of Michigan-bred company into investor gold. This time Williams will lead Life Magnetics, a startup developing a desktop diagnostic device that uses disposable cartridges to rapidly … Continue reading “Serial Entrepreneur Jeff Williams To Lead Life Magnetics”
San Diego’s Q1 VC Activity Might Not Be So Bad After All
The MoneyTree snapshot of first-quarter venture activity that we reported 10 days ago showed a dire decline in venture investments in the San Diego region so far this year. But the local picture looks a lot better in data for the same period that came in recently from Dow Jones VentureSource. The information from Dow … Continue reading “San Diego’s Q1 VC Activity Might Not Be So Bad After All”