Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e214e19-0f70-409b-935d-a55e78cf8abc&Preview=1 Date 4/18/2011 Company Name Lingospot Mailing Address 1434 Westwood Blvd. Los Angeles, CA 90024 Company Description Lingospot was founded in Los Angeles, CA in late 2006 with the vision of intelligently using technology to help the modern online editor be more responsive to a changing and more demanding environment. Website http://corp.lingospot.com … Continue reading “Lingospot Obtains $750,000 New Financing”
Elite Media Worx Garners $1,350,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1ae6a447-a60e-4b94-9e6a-515431c5a6d9&Preview=1 Date 4/18/2011 Company Name Elite Media Worx Mailing Address 316 N. Michigan Ave. Chicago, IL 60601 Company Description We attract valued new and repeat customers who are open to new experiences and will share promotions with their friends and family, all with no risk or up-front investment. We help our partners … Continue reading “Elite Media Worx Garners $1,350,000 New Funding”
Mobile Spinach Receives $1,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=78759bf8-00be-43ee-830a-04ee8de326d2&Preview=1 Date 4/18/2011 Company Name Mobile Spinach Mailing Address 1710 South Amphlett Blvd., San Mateo, CA 94402 Company Description The company offers an online service that allows users to buy products and services at a discount using their mobile phone. Website http://www.mobilespinach.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed … Continue reading “Mobile Spinach Receives $1,000,000 New Funding”
BenVenue Medical Receives $35,500,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ed915715-4c25-43b2-a602-4722fcdeea56&Preview=1 Date 4/18/2011 Company Name BenVenue Medical Mailing Address 3052 Bunker Hill Lane Santa Clara, CA 95054 Company Description Benvenue Medical, Inc. is developing innovative, minimally invasive surgical solutions to treat spinal disorders. Website http://www.benvenuemedical.com Transaction Type Venture Equity Transaction Amount $35,500,000 Transaction Round Series C Proceeds Purposes The proceeds will be … Continue reading “BenVenue Medical Receives $35,500,000 Series C Financing”
Hyperion Therapeutics Secures $17,471,998 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5fd06335-c0f2-4d67-b802-a0812029b04b&Preview=1 Date 4/18/2011 Company Name Hyperion Therapeutics Mailing Address 601 Gateway Blvd South San Francisco, CA 94080 Company Description Hyperion Therapeutics, Inc. is a privately held specialty biopharmaceutical company dedicated to improving patients’ lives through the development and commercialization of therapies that address critical unmet needs and underserved patient populations. The Company’s … Continue reading “Hyperion Therapeutics Secures $17,471,998 New Funding Round”
Everyday Health Garners $1,200,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a2a343f2-8a04-41c0-ade1-610f82608b7a&Preview=1 Date 4/18/2011 Company Name Everyday Health Mailing Address 345 Hudson St. 16th Floor New York, NY 10014 Company Description The company provides consumers, healthcare professionals, and brands with content and advertising-based services across a broad portfolio of over 25 websites that span the health spectrum – from lifestyle offerings in pregnancy, … Continue reading “Everyday Health Garners $1,200,000 New Funding Round”
Groupon Acquires Pelago for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=59febada-99f1-4dd9-8d57-608acf428bb1&Preview=1 Date 4/18/2011 Company Name Pelago Mailing Address 1201 3rd Ave. Seattle, WA 98101 Company Description Pelago was founded in early 2006 with a DNA of innovation, customer obsession, bias for action and, of course, a relentless commitment to having fun. We’re incredibly proud of the all-superstar team we’ve assembled to date, … Continue reading “Groupon Acquires Pelago for Undisclosed Sum”
Wal-Mart Stores Acquires Kosmix for $300,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=55de7767-93c7-497b-99e7-91257f857df9&Preview=1 Date 4/18/2011 Company Name Kosmix Mailing Address 444 Castro Street Mountain View, CA 94041 Company Description At Kosmix, we’re passionate about building a world class search engine that lets people search less, and discover more great stuff. There are billions of pages on the web that are useful, but never see … Continue reading “Wal-Mart Stores Acquires Kosmix for $300,000,000”
Digby Secures $8,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3fbadfa5-cc56-4e1a-b7b6-7d1b510c4bfc&Preview=1 Date 4/18/2011 Company Name Digby Mailing Address 3801 S Capital of Tx Hwy Bldg II Austin, TX 78704 Company Description Digby is the premier mobile commerce service and software platform provider whose goal is to radically improve the mobile purchasing experience for consumers around the world. Website http://www.digby.com Transaction Type Venture … Continue reading “Digby Secures $8,000,000 Series C Funding”
Seattle 2.0 Awards
Tech startup community hub Seattle 2.0 hands out awards voted on by a crowd of judges, including honors for Best Consumer Startup, Best B2B Startup, Best Startup Acquisition, Best Angel or VC, and more. Also includes showcase booths for startups.
MIT Enterprise Forum NW Startup Demo
A select group of entrepreneurs demonstrate their startups for a panel of investors and others, who will select a winner. Event preceeded by networking reception.
Technology Alliance Innovation Showcase
The quarterly event is meant to “bridge the gap between research and commercialization by highlighting the most promising discoveries and new technologies ready for commercialization in Washington.” Presentations by three to six innovators as selected by event organizers. Hosted reception follows the showcase.
State of Technology Luncheon with U.S. CTO Aneesh Chopra
The Obama administration’s chief technology officer, Aneesh Chopra, is the headliner at the Technology Alliance’s State of Technology Luncheon. The alliance says Chopra will discuss “harnessing the power of technology to fuel job creation and clean energy innovation, reshape education and health care, and transform the way we do business.”
CampusLive Receives $3,100,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=44b25fe7-2cc7-46bf-81e5-f099193a69d3&Preview=1 Date 4/17/2011 Company Name CampusLive Mailing Address 108 Lincoln St. Boston, MA 02111 Company Description CampusLIVE is a platform that enables students to connect to brands in fun and exciting ways. We create “engagement” campaigns for sponsors like Ace Ticket, Peter Pan Bus Lines, Comcast, HotelPlanner.com and Big Y Supermarkets. These … Continue reading “CampusLive Receives $3,100,000 New Financing Round”
Singly Lands $1,975,002 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c72a69a1-0443-433a-9b00-bdceef3019c4&Preview=1 Date 4/17/2011 Company Name Singly Mailing Address 2261 Market St. San Francisco, CA 94114 Company Description The open source service will capture what’s called exhaust data from users’ activities around the web and offline via sensors, put it firmly in their own possesion and then allow them to run local apps … Continue reading “Singly Lands $1,975,002 New Financing”
LivingSocial Acquires Social Media Networks for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=67457d00-990b-43a6-889b-f79b4f2e6c74&Preview=1 Date 4/17/2011 Company Name Social Media Networks Mailing Address The Embarcadero Pier 38 San Francisco, CA 94107 Company Description SocialMedia Networks is the leading provider of social platform services. It fuses together three core features – management, marketing, and monetization – into a comprehensive package that advertisers and developers can use … Continue reading “LivingSocial Acquires Social Media Networks for Undisclosed Sum”
CampusLive Nabs $3M
CampusLive, a Boston-based Web advertising startup for connecting brands with college students, has raised $3.1 million from Highland Capital Partners and Charles River Ventures, as well as other individual investors, according to a report from Scott Kirsner of the Boston Globe today. Last year the firm, whose founders come from UMass Amherst, raised $340,000 in … Continue reading “CampusLive Nabs $3M”
Choosing The Right Business Model For Your App
Today nobody questions that the apps economy is going to be big. Very big. At least four different researchers predict the apps industry will bring in $30-40 billion dollars a year in just three to five years. Just to put this into perspective, the entire music industry is estimated to generate $25 billion a year. … Continue reading “Choosing The Right Business Model For Your App”
VideoSurf Catches a $16M Wave
San Mateo, CA-based VideoSurf said today that it has raised $16 million from Pitango Venture Capital and strategic investors, bringing its total financing to $28 million. Using a patended computer vision algorithms to identify Web video content, Videosurf has built a search index that it says is used by 12 million visitors per month. VideoSurf … Continue reading “VideoSurf Catches a $16M Wave”
MassTLC Spring Meeting: The Global Impact of Mobility
Mobile has exploded in Boston and the U.S., but come learn the impact it could have abroad, at this Spring meeting of the Mass Technology Leadership Council. Panelists come from Thomson Reuters, Akamai Technologies, Philips Healthcare, and more. Register here.
Flipboard Pulls in $50 Million, Partners with Oprah
It’s a big week for Flipboard, the Palo Alto, CA, company whose eponymous social news browsing application for the iPad is widely praised as a category-defining app for the new tablet era. In an exclusive story given to Kara Swisher of AllThingsD, Flipboard said it has collected $50 million in new venture funding, mainly from … Continue reading “Flipboard Pulls in $50 Million, Partners with Oprah”
MITEF Innovation Series With Bill Joy
This MIT Enterprise Forum Innovation Series event will feature Bill Joy, partner at the VC firm Kleiner Perkins Caufield & Byers, and the former chief scientist of Sun Microsystems. This fireside chat-style event is sponsored by WilmerHale. Register here.
Venture Investment in New England Companies Is Down from a Year Ago; Here Are the Top 10 Deals from the First Quarter
The latest venture capital stats for the first quarter of 2011 are a mixed bag. Maybe it’ll take a little longer for the Boston area to witness what a lot of people are calling the new tech bubble. Venture firms poured $639 million into 90 New England companies in the first three months of this … Continue reading “Venture Investment in New England Companies Is Down from a Year Ago; Here Are the Top 10 Deals from the First Quarter”
Amylin, Alkermes Shares Jump as EU Regulators Recommend Diabetes Drug
Amylin Pharmaceuticals and its partners, Eli Lilly and Alkermes, have had a rough time in their quest to market the first once-weekly injectable drug for diabetes patients in the U.S. But they have found a more sympathetic set of ears in Europe. San Diego-based Amylin, along with Lilly and Waltham, MA-based Alkermes, said today that … Continue reading “Amylin, Alkermes Shares Jump as EU Regulators Recommend Diabetes Drug”
Pfizer Releases Top Line Data on Novel RA Drug
Pfizer (NYSE: [[ticker:PFE]]) announced that the 10 milligram dose of tofacitinib, its experimental JAK inhibitor for rheumatoid arthritis (RA), met all primary endpoints in a phase 3 study. Patients taking the drug showed statistically significant changes in the signs and symptoms of the disease, as well as a slowing of structural damage of the joints, when compared … Continue reading “Pfizer Releases Top Line Data on Novel RA Drug”
AmEx Backs Payfone’s Mobile Check-Out System
American Express (NYSE: [[ticker:AXP]]) is teaming up with New York-based Payfone to create a mobile payment processing service, according to a press release. The two companies plan to combine Payfone’s mobile authorization system with AmEx’s new digital payments platform, called Serve. This will allow consumers to pay for online purchases using their cell phone numbers. Payfone also … Continue reading “AmEx Backs Payfone’s Mobile Check-Out System”
Reporter’s Notebook: A Dozen Digital Media Discoveries
Every day, I come across loads of interesting material that I’d love to blog about but can’t because I don’t have the time or the right venue. I usually just stick this stuff into Evernote and tell myself I’ll write about it later. Well, it’s later. In today’s column I want to round up a … Continue reading “Reporter’s Notebook: A Dozen Digital Media Discoveries”
Why Do I Love Drug Regulation? Simple: It Keeps Us Safe
I frequently read comments from pundits and politicians decrying the US drug regulatory system, specifically the FDA. Many of these people, reading from the same PR playbook, will try to convince you that regulation is the primary factor in stifling innovation. But based on history, I am convinced that without adequate government regulation, companies in … Continue reading “Why Do I Love Drug Regulation? Simple: It Keeps Us Safe”
Medivation Flunks Huntington’s Trial, Calibra Nabs Venture Cash, Open Source Biology Comes to SF, & More Bay Area Life Sciences News
The open source biology movement is converging on San Francisco today at a conference organized by Sage Bionetworks, and I will be there today listening carefully to find out what it might mean for the future of drug development. More to come. —Calibra Medical, the Redwood City, CA-based developer of a mechanical pump for delivering … Continue reading “Medivation Flunks Huntington’s Trial, Calibra Nabs Venture Cash, Open Source Biology Comes to SF, & More Bay Area Life Sciences News”
FIRST Robotics Encourages Healthy Competition and Strong Relationships With Engineering Field
Last weekend, FIRST (For Inspiration and Recognition of Science and Technology) held a Regional Robotics Competition for 53 teams at Boston University’s Agganis Arena. High school students were challenged with the opportunity to test themselves as engineers and problem solvers. The game, called LOGO Motion, pits alliances of three robots against each other and awards … Continue reading “FIRST Robotics Encourages Healthy Competition and Strong Relationships With Engineering Field”
Aveo Adds Termeer to Board, Monsanto Partners With Atlas, Biogen Drug Meets Clinical Goal, & More Boston-Area Life Sciences News
We saw financings, CEO and board hires, and clinical results from New England area biotechs this week. —Blueprint Medicines, a startup focused on developing personalized cancer treatments, said it nabbed a $40 million Series A financing led by Third Rock Ventures. Mark Levin and Alexis Borisy of Third Rock serve on board of directors at … Continue reading “Aveo Adds Termeer to Board, Monsanto Partners With Atlas, Biogen Drug Meets Clinical Goal, & More Boston-Area Life Sciences News”
Disparities in First Quarter VC Activity, the San Diego Subsidence, and Top 10 Local Deals
“”Figures often beguile me,” Mark Twain wrote more than a century ago, as he worked his way up to the proposition that “There are three kinds of lies: ‘lies, damn lies, and statistics.’” I wonder what the cantankerous Twain would say today about the disparities in data concerning venture capital activity that are issued each … Continue reading “Disparities in First Quarter VC Activity, the San Diego Subsidence, and Top 10 Local Deals”
Yesware Lands $913,961 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1bbf067d-ab89-420f-91af-e1f1123dd08f&Preview=1 Date 4/15/2011 Company Name Yesware Mailing Address 15 Main St. Watertown, MA 02472 Company Description The company provides an online e-mail service optimized for the sales process. Website http://www.Yesware.com Transaction Type Venture Equity Transaction Amount $913,961 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms … Continue reading “Yesware Lands $913,961 New Funding”
VideoSurf Garners $16,000,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dfa3a829-3367-442a-88d7-bc8d88900607&Preview=1 Date 4/15/2011 Company Name VideoSurf Mailing Address 400 S. El Camino Real San Mateo, CA 94402 Company Description VideoSurf is the leader in video discovery. Through its patented computer vision technology, VideoSurf enables consumers to discover, search and identify videos on any device. In addition to audio recognition, VideoSurf uses proprietary … Continue reading “VideoSurf Garners $16,000,000 Series C Round”
SeeSaw Networks Receives $750,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dd6db8c3-d911-434b-8f8c-e3a63bb31cd0&Preview=1 Date 4/15/2011 Company Name SeeSaw Networks Mailing Address 100 Bush St. San Francisco, CA 94104 Company Description SeeSaw is creating the out-of-home industry’s most innovative and effective media planning and buying solution. Website http://www.seesawnetworks.com Transaction Type Debt Transaction Amount $750,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC … Continue reading “SeeSaw Networks Receives $750,000 New Financing Round”
Bamboom Labs Obtains $4,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a739b168-c5ec-4935-acf7-7cd2b6360460&Preview=1 Date 4/15/2011 Company Name Bamboom Labs Mailing Address 37-18 Northern Blvd. Long Island City, NY 11101 Company Description Bamboom is a bold new technology that revolutionizes the way consumers watch broadcast TV. Based in New York, NY, Bamboom provides the only true infrastructure platform that enables consumers to access live, over-the-air … Continue reading “Bamboom Labs Obtains $4,500,000 New Round”
INVIDI Technologies Lands $49,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2cd3a3d2-2481-4a84-aef4-9c57e32c9bc6&Preview=1 Date 4/15/2011 Company Name INVIDI Technologies Mailing Address 420 Lexington Avenue New York, NY 10170 Company Description INVIDI Technologies Corporation is the world’s only truly addressable targeted television advertising and marketing solution for cable, satellite and IPTV service providers at the headend, household and individual viewer level. Website http://www.invidi.com Transaction Type … Continue reading “INVIDI Technologies Lands $49,000,000 New Round”
Calibra Medical, Maker of Cheap Mechanical Insulin Pump, Pockets $8.1 M
Calibra Medical has raised some new venture cash to see how far it can go in the marketplace with an inexpensive insulin pump for people with diabetes. The Redwood City, CA-based company collected $8.1 million in venture financing out of a round that could be worth as much as $30 million, according to a filing … Continue reading “Calibra Medical, Maker of Cheap Mechanical Insulin Pump, Pockets $8.1 M”
Paul Allen: “Idea Man”
Billionaire Microsoft co-founder Paul Allen discusses his new autobiography “Idea Man,” which includes tales from befriending Bill Gates, the founding and early days of Microsoft, his rocky departure from day-to-day duties at the company, and his pursuits and passions since then. Interviewed by Todd Bishop of Seattle tech news site GeekWire. More information at Town … Continue reading “Paul Allen: “Idea Man””
The DBar: The Networked Consumer
Hear a discussion about the ways mobile and social connections are changing consumer buying behavior and brand engagement, plus check out products in the hands-on lab station. Panelists are James Lively of DIY Media, Scott Blanksteen of AppStoreHQ, Kathy Savitt of Lockerz, and Jordan Williams of REI. Moderated is Tricia Duryee of Allthingsd.com. Hosted by Holly Brown … Continue reading “The DBar: The Networked Consumer”
Beyond Mobile: Computing in 2021
The blistering pace of change in the computing world makes long-range forecasting difficult. In 2001, almost no one could have foreseen realities like ubiquitous mobile phone ownership, cloud storage and processing, or the tablet revolution. But given the opportunities at stake, innovators and entrepreneurs can’t help asking how consumers and professionals will be using computers … Continue reading “Beyond Mobile: Computing in 2021”
Beyond Mobile: Announcing Xconomy’s May 17 Forum on the 10-Year Future of Computing
In computing, it’s hazardous to try to peer more than a couple of years into the future, let alone a decade. After all, if microchip makers find ways to keep miniaturizing transistors at the rate we’ve seen since the 1960s, there’s time for five or six more doublings in computer power by the year 2021. … Continue reading “Beyond Mobile: Announcing Xconomy’s May 17 Forum on the 10-Year Future of Computing”
Paul Allen’s Billionaire Book Tour Continues with a “60 Minutes” Sitdown This Weekend
When you’re one of the richest people in the world, your autobiography gets the deluxe publicity rollout. Exhibit A is billionaire Microsoft co-founder Paul Allen, whose new book, “Idea Man,” is about to hit the market. The first excerpt, adapted in Vanity Fair, caused tons of headlines, mostly for its depiction of a heated fight … Continue reading “Paul Allen’s Billionaire Book Tour Continues with a “60 Minutes” Sitdown This Weekend”
Acorda Stock Halted as Shares Skyrocket on Patent Speculation
Shares of Acorda Therapeutics (NASDAQ: [[ticker:ACOR]]) skyrocketed nearly 27 percent on the NASDAQ exchange to $27.13 today—before being halted mid-afternoon—when RBC Capital Markets speculated in a report that the patent on the company’s multiple sclerosis (MS) drug, dalfampridine (Ampyra), might extend for longer than initially expected. RBC analysts noted that filings from the US Patent and … Continue reading “Acorda Stock Halted as Shares Skyrocket on Patent Speculation”
NextView Grabs $8M of $25M
NextView Ventures, a Cambridge, MA-based micro VC firm launched last summer, has brought in $8.1 million of a $25 million fundraise, an SEC filing shows. Earlier this year, Greg caught up with NextView partner David Beisel (formerly vice president at Venrock), who discussed the fledgling firm’s crop of advisors, and the group of startups it … Continue reading “NextView Grabs $8M of $25M”
TechStars Inaugural New York Demo Day Spotlights NYC Web Startups Focused on Fashion, Real Estate, Classifieds, Education, & More
There was a long line outside of historic Webster Hall nightclub in New York this morning, where the marquis—quite appropriately—read “Nothing Ventured, Nothing Gained.” A mix of more than 700 startup investors, journalists, and other interested parties showed up to check out TechStars’ first New York Demo Day. TechStars is a mentorship program for startups … Continue reading “TechStars Inaugural New York Demo Day Spotlights NYC Web Startups Focused on Fashion, Real Estate, Classifieds, Education, & More”
Jive Acquires Proximal Labs
Palo Alto, CA-based Jive Software, which makes social business applications, said yesterday that it has acquired Proximal Labs, also of Palo Alto. Founded last year, Proximal is developing analytics software that connects people with similar interests based on their social media activity; Jive plans to build Proximal’s technology into the next release of its own … Continue reading “Jive Acquires Proximal Labs”
Join Xconomy San Francisco on Monday for our Spring Open House
It’s Thursday already, which means Xconomy San Francisco’s spring open house is coming in just four days. So here’s your friendly reminder: All of our Bay Area fans are invited over to our Potrero Hill/Dogpatch office after work on Monday, April 18, for some wine, cheese, and great conversation. The festivities start at 5:00 p.m. … Continue reading “Join Xconomy San Francisco on Monday for our Spring Open House”
Delphi Showcases WiTricity’s Wireless Electric Vehicle Charging Technology at SAE Conference
Randy Sumner takes the hockey puck- like device and holds it several inches above a pad. The light on the device instantly turns on. “Pretty cool, huh?” says Sumner, Delphi’s director of global hybrid vehicle business development. Very cool. Even cooler was the nearby Think City EV parked over a much larger pad. Electricity wirelessly … Continue reading “Delphi Showcases WiTricity’s Wireless Electric Vehicle Charging Technology at SAE Conference”
Merrimack Gets $77M Series G
Cambridge, MA-based cancer drug developer Merrimack Pharmaceuticals said today that it has pinned down $77 million in Series G financing from new and existing backers. The money will go to advancing Merrimack’s pipeline of novel cancer therapies. The company’s investors include Credit Suisse First Boston Next Fund, Crocker Ventures, funds advised by Fred Alger Management, … Continue reading “Merrimack Gets $77M Series G”