Arbor Photonics Raises $200,000 In Follow On Financing

Arbor Photonics has raised $200,000 from the sale of equity, according to SEC documents. The University of Michigan spinoff, based in Ann Arbor, MI, is seeking a total of $617,153 in follow-on financing, the documents say. Investors include RPM Ventures, the university’s Frankel Commercialization Fund, and Michigan’s 21st Century Job Fund, according to RPM Ventures … Continue reading “Arbor Photonics Raises $200,000 In Follow On Financing”

Future of the Web and Search: An Evening with Microsoft Online Services Division President Qi Lu

No one doubts that we have only scratched the surface of what is possible with the Web. The day is coming fast where the Web will become almost a virtual mind reader. Your intent, interests, and needs will be instantly perceived and the information you really want will be delivered-whether you asked for it directly … Continue reading “Future of the Web and Search: An Evening with Microsoft Online Services Division President Qi Lu”

HealthTap, Qwiki, Bo.lt: The 1-Minute Version of Last Week’s Bay Area BizTech News

Last week saw an unusual number of acquisitions and several interesting company launches in the San Francisco / Silicon Valley corridor. —San Francisco-based HealthTap opened its health information site to the public. Focused initially on pregnant women and new moms, the site is designed to provide users with personalized health tips and background information on … Continue reading “HealthTap, Qwiki, Bo.lt: The 1-Minute Version of Last Week’s Bay Area BizTech News”

The m-Qube Mafia: Mobile Execs Lead Efforts at BuyWithMe, Clovr Media, Paydiant, and More

Silicon Valley has the PayPal mafia. Seattle has the Qpass mafia. Boston, for its part, has many interesting and influential tech company/family trees—DEC, PTC, and iRobot come to mind—but one of the more underrated ones is the m-Qube mafia. For those who don’t know, m-Qube is the Boston-area mobile marketing and applications company that started … Continue reading “The m-Qube Mafia: Mobile Execs Lead Efforts at BuyWithMe, Clovr Media, Paydiant, and More”

“Ready or Not,” Greentown Labs Startups to Move In This Week, With $75K for Retooling Boston Space

It’s moving week for the companies launching Greentown Labs, the new cleantech incubator in the seaport area dubbed Boston’s “Innovation District” by Mayor Tom Menino. The space at 337 Summer Street still looks more or less like a construction site, but the companies helping to get the incubator off the ground will be moving in … Continue reading ““Ready or Not,” Greentown Labs Startups to Move In This Week, With $75K for Retooling Boston Space”

Smartphone Demand Powers Qualcomm Results, Soitec Makes Case for Solar Project, West Wireless Recasts Its Mission, & More San Diego BizTech News

The director of the San Diego Supercomputer Center says digital information is increasing exponentially, which is helping to fuel demand for smartphones and tablet computers, and that is driving Qualcomm’s financial performance. We’ve got a week’s worth of details for you here. —San Diego’s Qualcomm (NASDAQ: [[ticker:QCOM]]) is on a phenomenal tear. Driven by increased … Continue reading “Smartphone Demand Powers Qualcomm Results, Soitec Makes Case for Solar Project, West Wireless Recasts Its Mission, & More San Diego BizTech News”

Kadmon Pharmaceuticals and Nano Terra Form Joint Venture

New York-based Kadmon Pharmaceuticals has been granted an exclusive license to three clinical-stage product candidates owned by Brighton, MA-based Nano Terra, according to a press release. Kadmon will also have rights to Nano Terra’s drug-discovery platform, and the two companies will form a joint venture called NT Life Sciences. The three drug candidates target specific … Continue reading “Kadmon Pharmaceuticals and Nano Terra Form Joint Venture”

Fashion Site Gilt Looks Beyond Discounted “Flash Sales” and Embraces the Upscale Men’s Market

The founders of fashion e-tailer Gilt Groupe, Alexandra Wilkis Wilson and Alexis Maybank, are quite aware that they have competitors popping up on the Web all the time. (Last week, Xconomy New York identified seven other fashion-related Web startups in New York City alone.) But the inventors of the fast-growing Gilt believe they can stay … Continue reading “Fashion Site Gilt Looks Beyond Discounted “Flash Sales” and Embraces the Upscale Men’s Market”

New York: The Next Innovation Hub

New York has long been synonymous with Wall Street, Madison Avenue and the Garment District, flagship markets for the city’s economic lifeblood that attracts an endless and competitive pool of talent to fuel its growth. When it comes to technology and innovation on the other hand, most entrepreneurs and startup companies have historically turned their … Continue reading “New York: The Next Innovation Hub”

Vertex, Merck Step Up to the Public Stage With Hepatitis C Drugs This Week

Vertex Pharmaceuticals is heading down the home stretch in its bid to transform treatment of hepatitis C, and this week the public will get an up-close look at the risks and benefits of its drug that could change the standard of care for millions of people. Cambridge, MA-based Vertex (NASDAQ: [[ticker:VRTX]]) will have its big … Continue reading “Vertex, Merck Step Up to the Public Stage With Hepatitis C Drugs This Week”

VCs Turn Up The Heat on FDA to Get Faster, More Predictable

The FDA felt the heat in the 1990s when AIDS activists marched in the streets, shouting about how bureaucratic foot-dragging meant that patients died while waiting for approvals of experimental drugs. The FDA listened. It started clearing more new drugs for sale, and completing safety and effectiveness reviews faster than before. Now it’s venture capitalists, … Continue reading “VCs Turn Up The Heat on FDA to Get Faster, More Predictable”

XLerant Lands $1,502,505 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3ccc0ab7-2bd1-47d4-a96e-5c6b96df62e2&Preview=1 Date 4/25/2011 Company Name XLerant Mailing Address 700 Canal Street Stamford, CT 06902 Company Description BudgetPak is the only budgeting tool that actually assists line managers in creating valid cost center budgets the first time around, saving countless hours of budget validation and rework. BudgetPak helps control budget inflation by making … Continue reading “XLerant Lands $1,502,505 New Funding”

Next Step Living Secures $1,475,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bdcdf2bd-2069-4852-899d-d7a26e327490&Preview=1 Date 4/25/2011 Company Name Next Step Living Mailing Address Undisclosed Boston, MA 02140 Company Description Next Step Living is a residential energy efficiency company, providing home energy diagnostics and improvements to the greater New England area. We are a socially-conscious, environmentally focused, results-driven organization dedicated to helping our customers lower their … Continue reading “Next Step Living Secures $1,475,000 New Round”

NineSigma Secures $2,500,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=35e9231e-dcda-4ef7-b620-d397b31d580b&Preview=1 Date 4/25/2011 Company Name NineSigma Mailing Address 23611 Chagrin Blvd. Cleveland, OH 44122 Company Description The company’s core mission is to work on behalf of our clients to source innovative ideas, technologies, products and services from outside their organization quickly and effectively by connecting them with the best innovators from around … Continue reading “NineSigma Secures $2,500,000 New Funding Round”

Pixelpipe Receives $2,330,339 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7700a8cd-22df-42af-8b9d-0580016ad8cf&Preview=1 Date 4/25/2011 Company Name Pixelpipe Mailing Address 1717 17th street San Francisco, CA 94103 Company Description Upload photos, video, and audio files once through the Pixelpipe Media Gateway and distribute your content across over 100+ social networks, photo/video sites, blogs, and other online services. Website http://www.Pixelpipe.com Transaction Type Venture Equity Transaction … Continue reading “Pixelpipe Receives $2,330,339 New Financing Round”

DoubleDutch Garners $1,200,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2713e6d4-6b21-4539-958d-17f7d55baee5&Preview=1 Date 4/25/2011 Company Name DoubleDutch Mailing Address 2601 Mission St. San Francisco, CA 94110 Company Description The company develops mobile social business applications. Website http://www.DoubleDutch.me Transaction Type Venture Equity Transaction Amount $1,200,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Charles River Ventures Venture Investor … Continue reading “DoubleDutch Garners $1,200,000 New Financing”

PowerVision Obtains $4,189,010 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a8a061d3-a6df-4be4-9029-b0cd70bf5b25&Preview=1 Date 4/25/2011 Company Name PowerVision Mailing Address 298 Harbor Blvd. Belmont, CA 94002 Company Description The company develops and sells eye related medical devices. Website http://www.powervisionlens.com Transaction Type Venture Equity Transaction Amount $4,189,010 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor Undisclosed

ValueClick Acquires Greystripe for $70,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=87e2bd06-68e1-4585-b8bd-3d42f40d763c&Preview=1 Date 4/25/2011 Company Name Greystripe Mailing Address 333 Bryant St. San Francisco, CA 94107 Company Description Greystripe’s AdWRAP mobile in-game advertising network provides a platform for advertisers and publishers to engage mobile audiences of all ages anywhere, anytime, while offering free ad-supported mobile content. Website http://www.greystripe.com Transaction Type M&A Transaction Amount … Continue reading “ValueClick Acquires Greystripe for $70,000,000”

Oyster Hotel Reviews Secures $10,012,222 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a2dcc6db-0907-4e7a-8788-4412a7888750&Preview=1 Date 4/25/2011 Company Name Oyster Hotel Reviews Mailing Address 75 Ninth Avenue Floor 3rd New York, NY 10011 Company Description At Oyster Hotel Reviews, we have a very simple mission: to give a comprehensive preview of the hotels you might choose to stay at, from the beds you’ll sleep in to … Continue reading “Oyster Hotel Reviews Secures $10,012,222 New Financing Round”

Clipboard Receives $1,385,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80335063-8c95-4917-a8ae-da7f27c1d9de&Preview=1 Date 4/25/2011 Company Name Clipboard Mailing Address 10220 NE. First Place Bellevue, WA 98004 Company Description The company is developing social media oriented technologies. Website http://www.clipboard.com Transaction Type Debt Transaction Amount $1,385,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. Debt was issued in the form of convertible promissory … Continue reading “Clipboard Receives $1,385,000 New Funding”

Arbor Photonics Obtains $200,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5bbab1cc-8c5d-49ef-849d-5a5a13af6628&Preview=1 Date 4/25/2011 Company Name Arbor Photonics Mailing Address 251 Jackson Plaza Ann Arbor, MI 48103 Company Description Arbor Photonics is committed to providing high power laser solutions that increase productivity and enable new capabilities for advanced laser materials processing and defense applications. Website http://www.arborphotonics.com Transaction Type Venture Equity Transaction Amount $200,000 … Continue reading “Arbor Photonics Obtains $200,000 New Funding Round”

Yahoo! Acquires IntoNow for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1a70d176-7475-48a2-b229-a20833baf721&Preview=1 Date 4/25/2011 Company Name IntoNow Mailing Address Undisclosed Palo Alto, CA 94301 Company Description IntoNow makes engaging with your friends around your favorite television shows easy and fun. Website http://www.IntoNow.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed.

Transhumanism Meets Design

Humanity+ International teams up with Parsons The New School for Design to present this two-day conference on emerging technology, trans-disciplinary design, culture and media theory, and biotech. The event will bring together artists, academicians, and technology developers. Register here.

Buyouts New York

Meet new investors, find deal partners, and gain insights from both the buy and sell sides at this two-day conference. Keynote speakers include David Rubenstein, co-founder of The Carlyle Group, Chris Kojima, managing director and co-head of alternative investments at Goldman Sachs, and Mark Attanasio, managing partner of Crescent Capital Group. Register here.

A Roundtable with Former FDA Chief Counsel Gerald Masodi

Biocom has organized this event, which offers an opportunity to have a casual roundtable conversation about FDA-related issues with former FDA Chief Counsel Jerry Masoudi. During his tenure as chief counsel to the FDA, Masoudi was responsible for supervising all aspects of the FDA’s work, including FDA involvement in civil and criminal litigation and investigations, … Continue reading “A Roundtable with Former FDA Chief Counsel Gerald Masodi”

Reducing Risk in Drug Candidate Selection and Development

Among the myriad of questions to consider in designating a compound a “lead drug candidate,” one of the most overlooked is the question of “druggability.” Druggability refers to the physical and chemical stability of the molecule and the ability to manufacture the compound as a drug substance and as a formulated drug product. Alongside intellectual … Continue reading “Reducing Risk in Drug Candidate Selection and Development”

Employment Law for Early Stage Companies

With California’s unique employment laws, every new hire can result in large-scale liabilities if a company does not have ongoing proper compliance and monitoring. Because this level of supervision can be costly and consume management’s time and attention, early stage companies frequently find themselves unprepared to cope with employee challenges some learn to do so … Continue reading “Employment Law for Early Stage Companies”

Leasing 101: Tools for Saving More Money and Reducing Risk

Because facilities costs are often the second-largest expense item for most companies, (after payroll), it is crucial to make the most of your facilities lease negotiations. In this workshop, we will talk about the current state of the economy and specifically the current state of the real estate market in San Diego County and give … Continue reading “Leasing 101: Tools for Saving More Money and Reducing Risk”

Renewable Energy and the Greening of the U.S. Navy—and the Ports of San Diego, Long Beach, and Los Angeles

The U.S. Navy has established ambitious goals to reduce fossil fuel usage and invest in alternative energy research and projects so that by 2020 half of all the energy used—both afloat and ashore—is supposed to come from alternative sources. Is this goal even attainable? The Maritime Alliance has organized an all-day conference to explore the … Continue reading “Renewable Energy and the Greening of the U.S. Navy—and the Ports of San Diego, Long Beach, and Los Angeles”

Encoding.com Lands $2,000,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=229d484f-3329-4eab-9b10-b43ce742be63&Preview=1 Date 4/24/2011 Company Name Encoding.com Mailing Address 250 Brannan Street San Francisco, CA 94107 Company Description At Encoding.com, our goal is to make professional video encoding accessible, affordable and scalable for everyone. With years of experience building high volume video sites, we were continually challenged with the lack of simple tools … Continue reading “Encoding.com Lands $2,000,000 Series B Funding Round”

Things Fall Apart: Amazon’s Epic Cloud Failure Reveals Shortsightedness by Some Other Well-Known Tech Companies

As this week’s massive failure of Amazon Web Services cloud-computing infrastructure continued to roil the Web today, a few things were sadly clear. Perhaps most striking of all: Major service providers and websites—companies with enough money and talent to avoid the problem—didn’t spend nearly enough energy planning for the inevitability of a breakdown. Yes, it’s … Continue reading “Things Fall Apart: Amazon’s Epic Cloud Failure Reveals Shortsightedness by Some Other Well-Known Tech Companies”

Xconomy’s Michigan 2031 Forum: The Juice Is Worth The Squeeze

What’s the best way to snap a state out of a post-industrial, Rust Belt funk? Get together about a dozen of your smartest and most successful friends and neighbors and ask them to envision a vibrant high tech economy twenty years into the future. That’s exactly what Xconomy did last week with Michigan 2031, our … Continue reading “Xconomy’s Michigan 2031 Forum: The Juice Is Worth The Squeeze”

Pixable Pulls In $3.6M More

New York City-based Pixable, an online photo-management startup with roots at MIT, says it has raised $3.6 million in Series B financing led by Menlo Ventures. Previous investor Highland Capital Partners also participated in the round. Pixable (not to be confused with Cambridge, MA-based Pixability) was founded in 2009 by three MIT alums including CEO … Continue reading “Pixable Pulls In $3.6M More”

Responsys Shares Up After IPO

San Bruno, CA-based marketing software provider Responsys (NASDAQ: [[ticker:MKTG]]) finished its first day of trading Thursday at $15.40 per share, up 28 percent over Wednesday night’s initial offering price of $12 per share. Share prices were holding steady in early trading Friday. Early investor Entrepreneurs Fund cashed in some of its stake through the offering, … Continue reading “Responsys Shares Up After IPO”

Scientists Must Change Their Culture to Bring About Better Healthcare

What do science, culture, and policy have in common? In order to improve the quality and affordability of health care, all three have to change. This message is central to Sage Bionetworks‘ mission and the theme from this year’s Sage Commons Congress held April 15th and 16th in San Francisco. What’s the problem? Biology is … Continue reading “Scientists Must Change Their Culture to Bring About Better Healthcare”

Buysight Gets $4M

Palo Alto, CA-based Buysight, formerly known as Permuto, has raised $4 million in a round of equity-based financing that could eventually reach $6 million, according to a regulatory filing. Buysight, founded in 2008 by former Rhythm NewMedia chief technology officer Shaukat Shamim, is a pay-for-performance Web display advertising network that tailors its clients’ ads according … Continue reading “Buysight Gets $4M”

BayBio’s Annual Conference, Tweet by Tweet

Most biotechies haven’t yet embraced the whole Twitter thing like techies, but I’m starting to see more curiosity in life sciences. I saw it this week, as I experimented by writing about the BayBio annual conference entirely through tweeting. Twitter, for the skeptics out there, is actually a lot more than a silly place to … Continue reading “BayBio’s Annual Conference, Tweet by Tweet”

Mersana Nabs $6M Debt Deal

[[Corrected 4/22/11 at 2:15 pm]]Mersana Therapeutics, a Cambridge, MA-based drug maker, has brought in $6 million of a targeted $10 million debt offering, from seven investors, according to an SEC filing. Last year, the company inked a deal that could be worth $334 million with Israel-based Teva Pharmaceutical Industries, for developing a new polymer-based drug … Continue reading “Mersana Nabs $6M Debt Deal”

Zillow’s IPO: As the Market Comes Back to Life, Is this Deal the Bellwether of a New Boom?

Trying to read too much significance into any single event in business can be a dicey proposition. But when we’re talking about a well-known Seattle tech company IPO—something the innovation community here hasn’t seen in quite a while—it’s worth chewing over what the development could say about the months and years ahead. The IPO filing … Continue reading “Zillow’s IPO: As the Market Comes Back to Life, Is this Deal the Bellwether of a New Boom?”

Join Me for an Evening with Microsoft’s Qi Lu on the Future of the Web, May 11

Meet Dr. Qi Lu (see photo, right). I have met him before, but it was at a backyard barbecue, and I didn’t want to grill the man about the future of search and the Web in that setting. But this is different. Lu, the president of Microsoft’s online services division (his first name is pronounced … Continue reading “Join Me for an Evening with Microsoft’s Qi Lu on the Future of the Web, May 11”

Could a Game Be the Answer to Your E-mail Woes?

E-mail is the great savior and scourge of our time. We couldn’t get much done without it. Yet as regular readers know, I have an ongoing feud with my inbox. I’ve declared e-mail bankruptcy (twice), I’ve adopted tools like Taskforce that help turn e-mails into to-do list items, and I’ve tried filtering options like Gmail’s … Continue reading “Could a Game Be the Answer to Your E-mail Woes?”

Planting Seeds for Massachusetts’ Future

Massachusetts has a long, honorable history of proactively investing in its own long-term economic success. A great example occurred 150 years ago this month, when the Massachusetts legislature funded the Massachusetts Institute of Technology (MIT), creating one of the nation’s first land grant colleges. In 1861, Governor John Andrews and the legislature likely did not … Continue reading “Planting Seeds for Massachusetts’ Future”

Ariad Extends Licenses, Amgen Osteoporosis Drug Meets Trial Goals, Corindus Partners with Philips, & More Boston-Area Life Sciences News

Big name biotechs in New England made news this week with revenue reports, clinical results, and news on licensing agreements. —Cambridge, MA-based Ariad Pharmaceuticals (NASDAD: [[ticker:ARIA]]) said it extended licenses to its cell-signaling regulation technology to three groups, each of which will use it for different purposes: Houston, TX Bellicum Pharmaceuticals (experimental cancer vaccine and cell therapies), … Continue reading “Ariad Extends Licenses, Amgen Osteoporosis Drug Meets Trial Goals, Corindus Partners with Philips, & More Boston-Area Life Sciences News”

Mersana Obtains $6,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d7d8fcc7-3f54-4bc6-b941-2afd611fe6d7&Preview=1 Date 4/22/2011 Company Name Mersana Mailing Address 840 Memorial Drive Cambridge, MA 02139 Company Description Mersana Therapeutics, Inc. (formerly Nanopharma Corp.) is focused on developing novel oncology agents based on Fleximer, a stealth material that enhances the pharmacokinetics and safety of drugs. Website http://www.mersana.com Transaction Type Debt Transaction Amount $6,000,000 Transaction … Continue reading “Mersana Obtains $6,000,000 New Funding”

Akebia Therapeutics Lands $1,945,342 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=68c82848-be60-4d59-9d05-4caef5016f93&Preview=1 Date 4/22/2011 Company Name Akebia Therapeutics Mailing Address 9987 Carver Rd. Cincinnati, OH 45242 Company Description Akebia Therapeutics is a venture-backed start-up pharmaceutical company with a focus on treatments for ischemia and improvement of vascular disease. Website http://www.akebia.com Transaction Type Venture Equity Transaction Amount $1,945,342 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “Akebia Therapeutics Lands $1,945,342 New Financing Round”