Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2ae1534d-de9f-47da-8ce7-5801603bfe74&Preview=1 Date 4/13/2011 Company Name Conatus Pharmaceuticals Mailing Address 4365 Executive Drive San Diego, CA 92121 Company Description The Conatus team pioneered the science of apoptosis and the clinical development of pan caspase inhibitors, validating this first-in-class technology. Conatus has well established relationships with key opinion leaders in the fields of hepatology, … Continue reading “Conatus Pharmaceuticals Secures $7,500,000 Series B Financing”
Sugar Inc. Obtains $15,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ba0025e-42d7-47bf-8576-29f13fd3fd1b&Preview=1 Date 4/13/2011 Company Name Sugar Inc. Mailing Address 111 Sutter Street San Francisco, CA 94104 Company Description Sugar Publishing, Inc., the privately-owned media company, is focused on creating the richest, most relevant online community for trendsetting, passionate and smart women. Website http://www.sugarinc.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round … Continue reading “Sugar Inc. Obtains $15,000,000 New Financing Round”
Capella Intelligent Subsystems Receives $20,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4d5f7895-32a1-4f51-9471-4b362f83fff7&Preview=1 Date 4/13/2011 Company Name Capella Intelligent Subsystems Mailing Address 5390 Hellyer Ave San Jose, CA 95138 Company Description Capella is the industry leader of wavelength selective switch (WSS) technology for use in reconfigurable optical add/drop multiplexers (ROADM) and optical cross connect (OXC) applications. Website http://www.capellainc.com Transaction Type Venture Equity Transaction Amount … Continue reading “Capella Intelligent Subsystems Receives $20,000,000 New Financing”
Certify Data Systems Receives $2,000,210 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3a85fed6-fbca-463b-b042-61cb342d8a38&Preview=1 Date 4/13/2011 Company Name Certify Data Systems Mailing Address 560 S. Winchester Blvd. San Jose, CA 95128 Company Description Certify Data Systems, Inc. provides innovative products and solutions that allow different systems to exchange health information — improving patient care, lowering costs and enhancing revenue. Website http://www.certifydatasystems.com Transaction Type Debt Transaction … Continue reading “Certify Data Systems Receives $2,000,210 New Funding”
Tigo Energy Garners $20,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dc29ffab-dc24-4ada-be8d-f1c6a4cbe370&Preview=1 Date 4/13/2011 Company Name Tigo Energy Mailing Address 170 Knowles Drive Los Gatos, CA 95032 Company Description Tigo Energy increases output power, up-time, and reliability on existing and new solar installations, resulting in a faster return on investment and lower cost of ownership. Working with energy service providers, panel manufacturers and … Continue reading “Tigo Energy Garners $20,000,000 New Round”
Jive Software Acquires Proximal Labs for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cfa1de9c-6c72-4b52-83cd-21507c39aec8&Preview=1 Date 4/13/2011 Company Name Proximal Labs Mailing Address 325 Lytton Avenue Palo Alto, CA 94301 Company Description We are building a revolutionary intelligence engine that uses social analytics, machine learning, and web-scale data mining to create deep community engagement. Website http://www.proximallabs.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes … Continue reading “Jive Software Acquires Proximal Labs for Undisclosed Sum”
Payfone Lands $19,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=74e6c00b-6886-460a-92e9-55bac66d7d0f&Preview=1 Date 4/13/2011 Company Name Payfone Mailing Address 137 5th Avenue 10th Floor New York , NY 10011 Company Description Payfone, Inc. allows users to pay for online goods and services using mobile credit. Website http://www.payfone.com Transaction Type Venture Equity Transaction Amount $19,000,000 Transaction Round Undisclosed Proceeds Purposes Payfone’s new funds will … Continue reading “Payfone Lands $19,000,000 New Financing”
Verimatrix Secures $7,499,996 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=59aa2424-1b22-45b3-8662-d2fa962263a9&Preview=1 Date 4/13/2011 Company Name Verimatrix Mailing Address 6825 Flanders Drive San Diego, CA 92121 Company Description Verimatrix is the leading provider of digital content protection solutions with a global customer base including leading telecommunications providers in Europe, North America and Asia. Website http://www.verimatrix.com Transaction Type Venture Equity Transaction Amount $7,499,996 Transaction … Continue reading “Verimatrix Secures $7,499,996 New Funding”
Nfocus Neuromedical Lands $4,227,614 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fc747a10-a1e2-44de-b2f8-cbd8ac4e09d6&Preview=1 Date 4/13/2011 Company Name Nfocus Neuromedical Mailing Address 2191 East Bayshore Road Palo Alto, CA 94303 Company Description Nfocus is a neurovascular development, manufacturing and marketing company focused on treating hemorrhagic stroke. Product development programs are aimed at Neurovascular Embolization Covers – a new technology providing rapid treatment of aneurysms and … Continue reading “Nfocus Neuromedical Lands $4,227,614 New Funding”
CSID Receives $6,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=70f35815-b030-4a65-9051-f2cb96c0a53d&Preview=1 Date 4/13/2011 Company Name CSID Mailing Address 7500 Rialto Boulevard Austin, TX 78735 Company Description CSID’s solutions are designed to detect and prevent the many forms of identity fraud; saving businesses money through a reduction in fraud losses, bad debt and inventory shrinkage. Website http://www.csidentity.com Transaction Type Debt, Venture Equity Transaction … Continue reading “CSID Receives $6,000,000 New Financing Round”
CSID Garners $6,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=70f35815-b030-4a65-9051-f2cb96c0a53d&Preview=1 Date 4/13/2011 Company Name CSID Mailing Address 7500 Rialto Boulevard Austin, TX 78735 Company Description CSID’s solutions are designed to detect and prevent the many forms of identity fraud; saving businesses money through a reduction in fraud losses, bad debt and inventory shrinkage. Website http://www.csidentity.com Transaction Type Debt, Venture Equity Transaction … Continue reading “CSID Garners $6,000,000 New Round”
Inside Google: The Myths, the Culture and the Secret Sauce
Inforum and the Commonwealth Club host an evening event featuring Steven Levy (Senior Writer, Wired; Formerly Senior Editor and Chief Technology Writer, Newsweek; Author, In the Plex) in conversation with John Battelle, Journalist; Founder and Chairman, Federated Media Publishing. Is it the five-star chefs, free laundry and on-site masseuses that are the secret to Google’s … Continue reading “Inside Google: The Myths, the Culture and the Secret Sauce”
Lockerz, a Gamified Social Network Site with Original Content, Scores Another $30M
Seattle startup Lockerz, which is positioning itself as a unifying platform for the online lives of teens and young adults, has raised $30 million out of a possible $45 million investment round, according to a new SEC filing. The company declined to disclose the investors, pending further fundraising. That’s a pretty big chunk of change … Continue reading “Lockerz, a Gamified Social Network Site with Original Content, Scores Another $30M”
Shrink Nanotechnologies Acquires Nanopoint
Carlsbad, CA-based Shrink Nanotechnologies, a public company that trades over the counter under the ticker symbol INKN, says it plans to acquire Honolulu, HI-based Nanopoint in an all-stock deal. Based on today’s price of Shrink Nano at 10 cents a share, the deal could eventually be worth close to $6.6 million if Nanopoint meets certain … Continue reading “Shrink Nanotechnologies Acquires Nanopoint”
Verimatrix Acquires Germany’s Comvenient
San Diego-based Verimatrix, a venture-backed company that provides software-based content security technologies in pay-TV networks for telecommunication providers, has acquired Comvenient, a longtime German partner, according to The San Diego Union-Tribune. Financial terms were not disclosed. Both companies provide security for Internet protocol TV. Verimatrix investors include Mission Ventures, Sun America Ventures, JK&B Capital, Cipio … Continue reading “Verimatrix Acquires Germany’s Comvenient”
TuneUp Media Moves Beyond Music Cleanup Into Sharing and Information Discovery
Back in 2008, TuneUp Media in San Francisco created a piece of software so cool that more than 3 million people have registered to use it. The freemium program sifts through your iTunes music library and automatically fixes missing or incorrect song, artist, and album data. It also grabs missing cover art from the Web. … Continue reading “TuneUp Media Moves Beyond Music Cleanup Into Sharing and Information Discovery”
Public Policy Institute on How to Boost Biotech in New York: More Jobs, Better Teamwork, Fewer Taxes
In a scintillating report released today, the Public Policy Institute (PPI) of New York blasts the state’s leaders for failing to support the local biotechnology industry. New York ranks fifth in the nation in biotech employment, for example, and sixth in total capital expenditures made by the industry. And despite churning out more college graduates … Continue reading “Public Policy Institute on How to Boost Biotech in New York: More Jobs, Better Teamwork, Fewer Taxes”
Countdown to Michigan 2031: All In On Cleantech
Michigan may have potential in medical devices and software but in the end, the state’s high tech future, for better for worse, is really tied to cleantech. For one thing, it offers the most natural and logical extension of Michigan’s core expertise in automobiles/manufacturing, experts say. Think lithium batteries, electric cars, next generation engines equipped … Continue reading “Countdown to Michigan 2031: All In On Cleantech”
Groom Energy Grabs $2.6M
Groom Energy, a Salem, MA-based company focused on corporate sustainability and energy assessments, said today it has pinned down $2.6 million in funding from a group of angel investors, led by Eyk Van Otterloo, founder of the investment management firm GMO. The money will fund its shared-savings agreements with corporations, where it installs products like … Continue reading “Groom Energy Grabs $2.6M”
Webby Award Nominees Include New York, Boston, San Francisco, San Diego, and Seattle Internet Innovators
OK, so they’re not quite the Emmys. And this being New York, they’re not even the Tonys. But for the city’s legions of Web developers and interactive advertisers they might as well be the Oscars. That’s right, it’s time for the 15th Annual Webby Awards. The nominees were announced today in New York. The Webby … Continue reading “Webby Award Nominees Include New York, Boston, San Francisco, San Diego, and Seattle Internet Innovators”
Allen Institute Releases Human Brain Map
The Allen Institute for Brain Science, the Seattle-based nonprofit founded by billionaire Paul Allen, is announcing today it has released what it says is the first comprehensive anatomical and genomic map of the human brain. The Allen Human Brain Atlas, based on two normal adult brains, showed about 94 percent similarity between the two specimens, … Continue reading “Allen Institute Releases Human Brain Map”
Expedia Spins Out TripAdvisor, PopCap Opens a New Studio, LiquidPlanner Makes Work Social & More in the Seattle-Area Tech Roundup
The digital travel sector was a hot source of news for Xconomy readers in the past week—specifically, we had three major appearances from Bellevue, WA-based Expedia (NASDAQ: [[ticker:EXPE]]). The online travel giant made its biggest headlines with its decision to spin out TripAdvisor into a separate public company. As Xconomy’s Greg Huang reported, Newton, MA-based … Continue reading “Expedia Spins Out TripAdvisor, PopCap Opens a New Studio, LiquidPlanner Makes Work Social & More in the Seattle-Area Tech Roundup”
Investments in Verdasys, Bit9 Add to Funding Pot for Boston-Area Security Firms
It’s a good time to be in the security software business, or so it seems. Two area firms working on enterprise-level security and endpoint security to protect against cyber attacks and malware announced some big funding rounds today. The deal announcements come less than a month after RSA Security, a Bedford, MA-based division of EMC … Continue reading “Investments in Verdasys, Bit9 Add to Funding Pot for Boston-Area Security Firms”
Nano Terra Acquires Surface Logix
Nano Terra, a Brighton, MA-based company that works with industry on surface engineering and nanotechnology projects, said today that it has acquired the drug developer Surface Logix. The terms and details of the deal were not disclosed. Harvard University chemist George Whitesides (an Xconomist) is a founder of both Nano Terra and Surface Logix. “Surface … Continue reading “Nano Terra Acquires Surface Logix”
Roche Vet Takes CEO Job at Boston’s Enlight Biosciences
Michelle Browner saw firsthand what huge challenges lie along the way to developing a new drug during her 18 years at Swiss healthcare giant Roche. Now, Xconomy has learned, she has taken the CEO job at Boston-based Enlight Biosciences, a firm that was founded to aid Big Pharma with some of its biggest research and … Continue reading “Roche Vet Takes CEO Job at Boston’s Enlight Biosciences”
Genzyme’s Termeer Joins Aveo Board
Aveo Pharmaceuticals (NASDAQ:[[ticker:AVEO]]), a Cambridge, MA-based company with a drug in late-stage development for advanced kidney cancer, said today that it has recruited biotech bigwig Henri Termeer, the outgoing chairman and CEO of biotech drug maker Genzyme, to join its board of directors. Termeer, who joined Genzyme in 1983 and built it into an industry … Continue reading “Genzyme’s Termeer Joins Aveo Board”
Digital Lumens Lights Up With $10M to Get Smart LED Technology to More Customers
Boston-based cleantech startup Digital Lumens has taken in $10 million in a Series B funding from its existing investors Black Coral Capital, Flybridge Capital Partners, and Stata Venture Partners, and has nabbed a line of credit from Silicon Valley Bank. The deal brings Digital Lumens’ funding pot to about $25 million. Digital Lumens has married … Continue reading “Digital Lumens Lights Up With $10M to Get Smart LED Technology to More Customers”
The Kinsella Debate Continues over Pharma versus Biotech, Worlds in Collision
Almost two months ago, Kevin Kinsella of San Diego’s Avalon Ventures, fired off some shots heard ’round the world, saying that Big Pharma’s hardball acquisition tactics and mercenary business practices have been pushing biotech ventures to the point of extinction. In Paris, France, Antoine Papiernik of Sofinnova Partners responded by contacting me and saying, in … Continue reading “The Kinsella Debate Continues over Pharma versus Biotech, Worlds in Collision”
Controversial Companies Are Good, VCs Are Getting Active, and Entrepreneurial Generation Rising: 10 Takeaways from Xconomy’s VC65
If you talk to enough venture capitalists, you’ll hear certain universal truths. For one thing, venture-backed companies provide something like 20 percent of all jobs in the U.S. Second, despite some contraction and a decade of generally lousy returns, the VC industry is as strong as ever. And, yes, the IPO and acquisitions markets could … Continue reading “Controversial Companies Are Good, VCs Are Getting Active, and Entrepreneurial Generation Rising: 10 Takeaways from Xconomy’s VC65”
Digital Lumens Obtains $10,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=18d6a00c-ee3a-40fe-ba2b-09eb674ada10&Preview=1 Date 4/12/2011 Company Name Digital Lumens Mailing Address 129 Portland Street 4th Floor Boston, MA 02114 Company Description Founded by a group of engineers and executives with years of experience in solid-state lighting and distributed networking, Digital Lumens is creating lighting solutions that deliver 100% of the light at 10% of … Continue reading “Digital Lumens Obtains $10,000,000 Series B Funding Round”
Verdasys Lands $15,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4696832c-338e-4c85-9017-946bc4f8358f&Preview=1 Date 4/12/2011 Company Name Verdasys Mailing Address 404 Wyman St. Waltham, MA 02451 Company Description Verdasys was founded with a mission – To develop a new generation of software solutions to totally protect and manage the flow of data essential to the operation of businesses on a global basis. Website http://www.verdasys.com … Continue reading “Verdasys Lands $15,000,000 New Financing”
Bit9 Lands $12,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=18f476ed-ed37-4a66-8283-b690aff14b1e&Preview=1 Date 4/12/2011 Company Name Bit9 Mailing Address 266 Second Ave Waltham, MA 02451 Company Description Bit9 is the first company to solve the problem of unwanted software at the endpoint. Website http://www.bit9.com Transaction Type Venture Equity Transaction Amount $12,500,000 Transaction Round Undisclosed Proceeds Purposes Bit9 will use the funds to accelerate … Continue reading “Bit9 Lands $12,500,000 New Financing Round”
Nano Terra Acquires Surface Logix for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=54555576-0d34-4035-bdcd-de35d47aec77&Preview=1 Date 4/12/2011 Company Name Surface Logix Mailing Address 50 Soldiers Field Place Brighton, MA 02135 Company Description Surface Logix is a drug development company which uses its expertise in biophysical chemistry to create new small molecule drugs with significantly improved pharmacokinetic (PK) and pharmacodynamic (PD) properties compared with class leaders. Website … Continue reading “Nano Terra Acquires Surface Logix for Undisclosed Sum”
ExactTarget Garners $30,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9e8d803b-04fd-4628-9f42-44f5bbd2f9e1&Preview=1 Date 4/12/2011 Company Name ExactTarget Mailing Address 20 North Meridian Street Indianapolis, IN 46204 Company Description ExactTarget is on a mission. We’re dedicated to providing the most powerful on-demand software for email communications and finding the best and brightest marketers on the planet to revolutionize the way people think about email. … Continue reading “ExactTarget Garners $30,000,000 New Round”
Adara Media Lands $11,715,160 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=87ac10e3-5025-4d22-8757-46d505049443&Preview=1 Date 4/12/2011 Company Name Adara Media Mailing Address 444 Castro St. Mountain View, CA 94041 Company Description Adara Media makes online display advertising more effective for advertisers while enhancing the appeal and value of ads for consumers. Using proprietary data and audience segmentation, Adara Media enables advertisers to choose a precise … Continue reading “Adara Media Lands $11,715,160 Series A Financing”
Clover Network Garners $5,450,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d35bcf9e-4511-4f87-a516-7e314c649620&Preview=1 Date 4/12/2011 Company Name Clover Network Mailing Address 785 Castro St. Mountain View, CA 94041 Company Description The company is developing Internet-based technologies. Website http://www.clover.com Transaction Type Venture Equity Transaction Amount $5,450,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor Undisclosed
Project Slice Lands $3,817,998 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=549cf6a9-f95b-4dba-a545-90e30c66e187&Preview=1 Date 4/12/2011 Company Name Project Slice Mailing Address 431 Florence St. Palo Alto, CA 94301 Company Description Slice is a free service designed to simplify your online shopping. Website http://www.projectslice.com Transaction Type Venture Equity Transaction Amount $3,817,998 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A … Continue reading “Project Slice Lands $3,817,998 New Round”
RootMusic Obtains $800,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e8ba29d-892b-4776-8e55-a36086d88dbf&Preview=1 Date 4/12/2011 Company Name RootMusic Mailing Address 1233 Howard St. San Francisco, CA 94103 Company Description The company has created software that allows users to better promote their music bands on Facebook. Website http://www.rootmusic.com Transaction Type Venture Equity Transaction Amount $800,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not … Continue reading “RootMusic Obtains $800,000 Series A Funding”
Lockerz Obtains $29,999,988 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b3f9931b-63f6-4136-a8d4-d6fce99252d6&Preview=1 Date 4/12/2011 Company Name Lockerz Mailing Address Undisclosed Seattle, WA 98101 Company Description social networking service—an invitation-only social commerce site where the ultimate goal is for members to earn rewards for their online interaction. Through the site, members collect points redeemable for discounts on brand name products by connecting with friends, … Continue reading “Lockerz Obtains $29,999,988 New Financing Round”
Zencoder Obtains $2,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=62b6fff8-a08f-43ba-ae69-d6c5780b725c&Preview=1 Date 4/12/2011 Company Name Zencoder Mailing Address 2913 Harriet Ave. S. Minneapolis, MN 55408 Company Description The company transcodes videos for media content owners. Website http://www.Zencoder.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds Purposes The company will use the financing to accelerate its growth initiatives. M&A Terms … Continue reading “Zencoder Obtains $2,000,000 New Financing Round”
Sneakpeeq Secures $2,674,997 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=98bbab9d-921b-43b4-b74e-9d9978b7dbec&Preview=1 Date 4/12/2011 Company Name Sneakpeeq Mailing Address 901 Mission St. San Francisco, CA 94103 Company Description The company operates an online shopping oriented website that has a social commerce aspect. Website http://www.Sneakpeeq.com Transaction Type Venture Equity Transaction Amount $2,674,997 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory … Continue reading “Sneakpeeq Secures $2,674,997 New Financing”
Tiny Speck Lands $10,700,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=36d55099-3fa2-45f0-89df-a505583f2706&Preview=1 Date 4/12/2011 Company Name Tiny Speck Mailing Address Undisclosed San Francisco, CA 94108 Company Description Tiny Speck was founded in early 2009 by four of the original members of the Flickr team. We are now eight, plus assorted artists from all over the world. We are backed by ourselves, and some … Continue reading “Tiny Speck Lands $10,700,000 Series B Funding”
BigDoor: New Game Platform for Ads
Seattle startup BigDoor is unveiling a new website advertising platform centered around game behavior, hoping to tie a better profit engine to one of the tech world’s current buzzwords—gamification. BigDoor says its “Engagement Economy” approach is based around having advertisers pay on a “cost per quest” basis, which ties ad spending to user tasks, such … Continue reading “BigDoor: New Game Platform for Ads”
nSphere Scoops Up Peekaboo Mobile
Boston-based nSphere (formerly called DirectoryM) has acquired Peekaboo Mobile, a mobile-coupon tech startup, also based in Boston, as reported by TechCrunch. Terms of the deal weren’t disclosed, though the report says the transaction was in the seven figures. Peekaboo Mobile was founded in 2010 by Michael Fruzzetti and Ben Dolgoff. Last October, Peekaboo said it … Continue reading “nSphere Scoops Up Peekaboo Mobile”
Google Invests $168M in BrightSource Energy’s Tower of Power
[Updated 4/12/09 00:30 am. See below.] Oakland, CA-based BrightSource Energy disclosed earlier this month that it has raised nearly $202 million in Series E funding from existing venture firms and some unnamed investors, and now Mountain View, CA-based Google has stepped into the light. Today Google reveals on its blog that it has invested $168 … Continue reading “Google Invests $168M in BrightSource Energy’s Tower of Power”
Zillow Grabs San Francisco-Based Postlets, an Online Real-Estate Listing Syndicator
Seattle-based online real estate website Zillow has acquired San Francisco-based Postlets, a startup that syndicates property listings across about a dozen sites. Terms of the deal were not disclosed, and Zillow wouldn’t comment on any possible layoffs as part of the acquisition. Postlets says it has more than 500,000 registered users generating more than 350,000 … Continue reading “Zillow Grabs San Francisco-Based Postlets, an Online Real-Estate Listing Syndicator”
Seattle’s Marchex Acquires Boston-Area Startup Jingle Networks for $62.5M, Adding Heft to Phone Call Advertising
Seattle-based Marchex, an online advertising and search company, is acquiring Billerica, MA-based Jingle Networks for up to $62.5 million in cash and stock, the companies announced today. Marchex (NASDAQ: [[ticker:MCHX]]) says the combination will allow its advertising network to reach more than 500 million phone calls annually. Jingle Networks provides advertising to mobile carriers and … Continue reading “Seattle’s Marchex Acquires Boston-Area Startup Jingle Networks for $62.5M, Adding Heft to Phone Call Advertising”
Teams From MA, RI, and CT Take Top Three Spots at Boston FIRST Robotics Competition
Fifty-three teams battled it out on Saturday at the Boston regional edition of the FIRST (For Inspiration and Recognition of Science and Technology) Robotics Competition, a robot-building contest for high school students celebrating its 20th anniversary season year. The nonprofit behind the competition was founded by Segway inventor Dean Kamen. Each year, student teams get … Continue reading “Teams From MA, RI, and CT Take Top Three Spots at Boston FIRST Robotics Competition”
Kineta Gets $1M NIH Contract Extension
Kineta, the Seattle-based drug developer, said today it has received a $1 million contract extension from the National Institutes of Health to mine existing computer databases to find new drug targets and candidates. The first part of the contract was designed to set up computational infrastructure for the project, which involves collaborators at the University … Continue reading “Kineta Gets $1M NIH Contract Extension”
Translating a New Business Model for Personalized Medicine
The San Diego MIT Enterprise Forum hosts AltheaDx CEO Franscois Ferre in this case study of a new paradigm for personalized medicine. While personalized medicine holds the potential to create a new standard of healthcare, there are challenges: How can companies earn revenue in this undertaking? What are the likely challenges for and objections from … Continue reading “Translating a New Business Model for Personalized Medicine”