Bellevue-based Visible Technologies, which provides a social media monitoring service for businesses, announced this week that it has raised an additional $6 million in financing. The company said previous investors re-upped, including Investor Growth Capital, Joe Grano, Ignition Partners, In-Q-Tel, and WPP. Chief Executive Kelly Pennock says the money will help Visible ramp up the … Continue reading “Visible Technologies Raises $6M”
Cheezburger Steps Up the Hiring Stunts With Free Burgers Outside Amazon Staff Meeting
I guess this means it’s game on in Seattle for tech-company hiring gimmicks. The folks at Cheezburger Network, fresh off a new acquisition and $30 million in venture financing, put together a quick marketing stunt today outside Key Arena, where Amazon.com was having a big company meeting. About a half-dozen Cheezburger employees, including CEO Ben … Continue reading “Cheezburger Steps Up the Hiring Stunts With Free Burgers Outside Amazon Staff Meeting”
When Safety and Efficacy Isn’t Enough: Preparing for the New Reality of More Cost-Effective Health Care
Sean Tunis, the former chief medical officer of the Centers for Medicare and Medicaid Services, and Mitchell Higasi, the chief economist of GE Healthcare, will be featured speakers at a April 27 symposium on the movement toward more cost-effectiveness in healthcare, organized by the Washington Biotechnology & Biomedical Association. For more information on how to … Continue reading “When Safety and Efficacy Isn’t Enough: Preparing for the New Reality of More Cost-Effective Health Care”
Omeros Fails in Pivotal Trials With Drug for Knee Surgery, Stock Crashes
[Updated: 3:45 pm] Omeros, the Seattle-based biotech company, went public back in the fall of 2009 partly on optimism that it had found a novel way to help people recover from knee surgery. Today, the company is reporting that the program was essentially a bust. Omeros stock fell 40 percent on the news in after-hours … Continue reading “Omeros Fails in Pivotal Trials With Drug for Knee Surgery, Stock Crashes”
Editor’s Picks: Xconomy Seattle’s Top Stories of the First Quarter
It’s time to close the books on the first quarter of 2011. As the editor around here, that means it’s time to look back at the journalism we did that broke new ground, shed some new light, or otherwise exemplified what we think is the best stuff we did to serve our readers the past … Continue reading “Editor’s Picks: Xconomy Seattle’s Top Stories of the First Quarter”
DVP Ready To Rock N’ Roll. Will Others Follow?
Detroit Venture Partners (DVP), the much-hyped tech fund launched by Quicken Loans founder/Cleveland Cavaliers owner Dan Gilbert, will soon debut its inaugural class of homegrown startups. DVP currently has six term sheets out and expects to make an announcement on its first investments in 30 days, says CEO and managing partner Josh Linkner. The fund … Continue reading “DVP Ready To Rock N’ Roll. Will Others Follow?”
Snapshot of a Rising Young Star(Street): Startup Lessons from Jeremy Levine
Entrepreneurs get younger every day. Jeremy Levine was born one month after the ball rolled through Red Sox first baseman Bill Buckner’s legs on that fateful night in Shea Stadium, 1986. Levine probably doesn’t remember the painful 1-15 Patriots of 1990 either. He says his first sports memory was watching the great Larry Bird with … Continue reading “Snapshot of a Rising Young Star(Street): Startup Lessons from Jeremy Levine”
Embracing Angels: A VC’s Perspective
Is there increased tension between venture capitalists (VCs) and angel investors? Lots of stories these days would lead you to that conclusion. Are angels cutting into our deals? Are they making venture capitalists less relevant, especially if some angels are raising sizable funds? Are we competing with them for LP money? The answer to each … Continue reading “Embracing Angels: A VC’s Perspective”
The Microsoft Memos on Outgoing Marketing Chief Mich Mathews: ‘I Started Here When Microsoft Was the New, New Thing’
One day after AdAge broke the news that Microsoft marketing chief Mich Mathews was leaving the company, All Things Digital has word that her counterpart at Apple also is moving on. So, whose resignation should we look for tomorrow? In any case, here are the internal email announcements about Mathews’ departure, from Microsoft Chief Operating … Continue reading “The Microsoft Memos on Outgoing Marketing Chief Mich Mathews: ‘I Started Here When Microsoft Was the New, New Thing’”
Ligand CEO Outlines Strategy, Arena Rebalances its Debt, Venture Biotech Versus Pharma Debate Flares Anew, & More San Diego Life Sciences News
A debate over the sustainability of the venture biotech ecosystem continues to percolate, and the San Diego Venture Group is even planning a breakfast debate on the topic. We’ve got the rest of what’s brewin’ in life sciences too. —San Diego’s Ligand Pharmaceuticals (NASDAQ: [[ticker:LGND]]) is pursuing a fundamentally different strategy under CEO John Higgins. … Continue reading “Ligand CEO Outlines Strategy, Arena Rebalances its Debt, Venture Biotech Versus Pharma Debate Flares Anew, & More San Diego Life Sciences News”
Gilead Inks $100M Deal With Yale
Gilead Sciences (NASDAQ: [[ticker:GILD]]), the world’s largest maker of HIV drugs, said it has formed a new cancer research collaboration with Yale University. Under the deal, Foster City, CA-based Gilead will provide $40 million to support research over the first four years, and has the option to extend the collaboration for 10 years, and a … Continue reading “Gilead Inks $100M Deal With Yale”
Lessons from Smart Grid Pilot in Canada Can Be Applied to New England
Recently I attended the Boston Smart Grid Forum, where some of the leading “smart grid” minds met to discuss the challenges and opportunities that currently exist. Ontario has been one of the investment leaders in smart grid technology, much of which is being developed through the University of Waterloo. There are a number of similarities … Continue reading “Lessons from Smart Grid Pilot in Canada Can Be Applied to New England”
Report: Movik Networks Raises $25M
Littleton, MA-based Movik Networks, a developer of software for delivering content to mobile devices, has raised $25 million in a Series C round of funding, according to a report in Mass High Tech. The financing was led by Oak Investment Partners and also included previous investors Highland Capital Partners and North Bridge Venture Partners, according … Continue reading “Report: Movik Networks Raises $25M”
RXi Buys Apthera, Names New CEO
RXi Pharmaceuticals (NASDAQ: [[ticker:RXII]]), the Worcester, MA-based developer of RNA interference therapies, said today it has agreed to acquire Scottsdale, AZ-based Apthera, a developer of peptide immunotherapies for cancer. Apthera shareholders will get 4.8 million shares of RXi under the deal, plus future considerations based on how Apthera’s NeuVax performs. RXi’s shares were valued at … Continue reading “RXi Buys Apthera, Names New CEO”
Dendreon Wins Medicare Coverage, Clarisonic Tops $100M in Sales, Sage Partners Up, & More Seattle-Area Life Sciences News
This was a pretty quiet news week for Seattle biotech except for one big decision that affects the hot cancer drug company in town. —Seattle-based Dendreon (NASDAQ: [[ticker:DNDN]]) has produced enough evidence to win full reimbursement from Medicare for its $93,000 prostate cancer drug, sipuleucel-T (Provenge). This move was widely expected since Dendreon passed muster … Continue reading “Dendreon Wins Medicare Coverage, Clarisonic Tops $100M in Sales, Sage Partners Up, & More Seattle-Area Life Sciences News”
Cloudkick Founder Alex Polvi on the Experience of Getting Acquired by Rackspace in Startup Year One
Alex Polvi is on the tech world’s express elevator. Just a few years ago, the 25-year-old computer science graduate from Oregon State University was a system administrator at Open Source Lab, the home of Linux, Apache, Drupal, and other huge open-source software projects. It’s the place developers around the world depend on to maintain and … Continue reading “Cloudkick Founder Alex Polvi on the Experience of Getting Acquired by Rackspace in Startup Year One”
Editor’s Picks: Xconomy Boston’s Top 20 Stories of the First Quarter
Grass is growing. Birds are singing. IPOs are filing. And snow is coming tomorrow. In other words, it’s springtime in New England. Every so often, we like to take a breath and look back at some of Xconomy’s top stories from the past few months. These are not necessarily the ones that generated the most … Continue reading “Editor’s Picks: Xconomy Boston’s Top 20 Stories of the First Quarter”
Movik Networks Obtains $25,000,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e05f6675-e4a1-4cd7-b865-793232d7b414&Preview=1 Date 3/31/2011 Company Name Movik Networks Mailing Address One Monarch Drive Littleton, MA 01460 Company Description Movik Networks is headquartered near Boston, MA and has an R&D group in Bangalore, India. The company is focused on delivering purpose-built solutions that bring content and application awareness to the edge of the mobile … Continue reading “Movik Networks Obtains $25,000,000 Series C Round”
Swype Secures $3,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=83be09cd-8dd5-4a4c-af5e-73d08029b85a&Preview=1 Date 3/31/2011 Company Name Swype Mailing Address 701 North 34th St Seattle, WA 98103 Company Description Swype is a maker of text-input technology for mobile devices. Website http://www.swypeinc.com/ Transaction Type Venture Equity Transaction Amount $3,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. Company CEO says the investment is … Continue reading “Swype Secures $3,500,000 New Round”
NexPlanar Receives $10,118,650 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=82f83d37-f3ce-47ad-8bb4-a57a0cf50d9e&Preview=1 Date 3/31/2011 Company Name NexPlanar Mailing Address 7425 NW Evergreen Parkway Hillsboro, OR 97124 Company Description NexPlanar builds the next generation of chemical mechanical planarization (CMP) pads for the semiconductor device industry. Our propriety nano-domain technology coupled with patented molded grooves and the unique ability to tune the pads results in … Continue reading “NexPlanar Receives $10,118,650 New Funding”
Qwiki Obtains $1,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9dcf5a5b-3ca5-4561-8231-e623a9338c7c&Preview=1 Date 3/31/2011 Company Name Qwiki Mailing Address 470 Townsend St. San Francisco, CA 94107 Company Description The company provides a question and answer service using multimedia sources. Website http://www.qwiki.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes Funding will be used to accelerate the expansion of the … Continue reading “Qwiki Obtains $1,000,000 New Funding Round”
Agilyx Obtains $22,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=747ab098-d8bd-4a06-92ba-695e2ae72049&Preview=1 Date 3/31/2011 Company Name Agilyx Mailing Address 7904 SW Hunziker Street Tigard, OR 97223 Company Description Agilyx is the first in the world to economically convert difficult-to-recycle waste plastics into crude oil through a patented system that is scalable, versatile, and environmentally beneficial. Website http://www.Agilyx.com Transaction Type Venture Equity Transaction Amount … Continue reading “Agilyx Obtains $22,000,000 Series B Financing Round”
Affine Systems Receives $5,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f6025262-1c78-4d1d-97c2-435a9eba2235&Preview=1 Date 3/31/2011 Company Name Affine Systems Mailing Address 73 Sumner Street San Francisco, CA 94103 Company Description We are a computer vision company that’s changing the way online video is viewed and sold. Our technology analyzes the visual content of videos and images — not just the metadata — to provide … Continue reading “Affine Systems Receives $5,000,000 Series B Round”
AlloStem Therapeutics Secures $75,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=91ca5f02-2385-469b-b654-429d4a269416&Preview=1 Date 3/31/2011 Company Name AlloStem Therapeutics Mailing Address 400 Farmington Avenue Farmington, CT 06032 Company Description AlloStem Therapeutics was formed to develop, and out-license, a novel class of MEK inhibitors represented by the lead compound CIP-1374. Website http://www.allostem.com Transaction Type Venture Equity Transaction Amount $75,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “AlloStem Therapeutics Secures $75,000 New Round”
Alphachromics Receives $40,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=67213308-e698-4684-9810-5392d76f6e1e&Preview=1 Date 3/31/2011 Company Name Alphachromics Mailing Address Undisclosed Farmington, CT 06032 Company Description The company develops conductive polymer technologies. Website Undisclosed Transaction Type Venture Equity Transaction Amount $40,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Connecticut Innovations
DCS Surgical Lands $65,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=36f232df-d76a-403a-a7ee-412b4746493e&Preview=1 Date 3/31/2011 Company Name DCS Surgical Mailing Address 1110 Linden Avenue Boulder , CO 80302 Company Description The company manufactures surgical instruments. Website Undisclosed Transaction Type Venture Equity Transaction Amount $65,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor High Country Venture
Boulder Wind Power Obtains $8,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f33f2a81-98b4-4204-9fb6-660bbd89bac3&Preview=1 Date 3/31/2011 Company Name Boulder Wind Power Mailing Address 1812 Boxelder Street Louisville, CO 80027 Company Description Boulder Wind Power was founded by industry veterans who recognized that wind energy must become cost competitive with fossil fuel alternatives before it will gain mass adoption. Website http://www.boulderwindpower.com Transaction Type Venture Equity Transaction … Continue reading “Boulder Wind Power Obtains $8,000,000 Series A Funding”
Envysion Garners $100,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8e3dd8c3-ddae-4095-8ddc-96b370898e08&Preview=1 Date 3/31/2011 Company Name Envysion Mailing Address 400 Centennial Pkwy Louisville, CO 80027 Company Description Envysion is a broadband video company that provides Internet-based digital video recording solutions. Envysion’s turn-key service helps retail and service chains with numerous locations achieve profitability and brand consistency with Envysion systems. Website http://www.envysion.com Transaction Type … Continue reading “Envysion Garners $100,000 New Funding”
Gen4 Energy Receives $2,874,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9008dfd6-e5d9-4c41-b0dc-bcbb528ae88e&Preview=1 Date 3/31/2011 Company Name Gen4 Energy Mailing Address P.O. Box 44069 Denver, CO 80201 Company Description Gen4 Energy is a private company formed to commercialize the Gen4 Module, an advanced technology mini reactor. Based on intellectual property developed by scientists at Los Alamos National Laboratory and leveraging forty years of technological … Continue reading “Gen4 Energy Receives $2,874,000 New Funding”
Cogo Optronics Obtains $8,000,100 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ae7bb5a0-d814-4b52-b391-bf9c48188148&Preview=1 Date 3/31/2011 Company Name Cogo Optronics Mailing Address 5171 Eldorado Springs Dr Boulder, CO 80303 Company Description COGO Optronics develops, manufactures and markets key technologies for the next generation of high speed optical networks. Website http://www.cogooptronics.com Transaction Type Venture Equity Transaction Amount $8,000,100 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Cogo Optronics Obtains $8,000,100 New Financing”
PharmaJet Lands $4,223,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0ea30e03-b055-4796-8685-cb2cc0119f8c&Preview=1 Date 3/31/2011 Company Name PharmaJet Mailing Address 400 Corporate Circle Golden, CO 80401 Company Description Our product delivers pharmaceuticals – vaccines and drugs – through the skin. We accomplish this using jet injection technology. We do not use needles – big or small, or patches of any kind. Website http://www.pharmajet.com Transaction … Continue reading “PharmaJet Lands $4,223,000 New Financing Round”
Pharmaca Integrative Pharmacy Lands $3,283,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ab0ea268-9774-4faa-99cf-fb411d52eeea&Preview=1 Date 3/31/2011 Company Name Pharmaca Integrative Pharmacy Mailing Address 4940 Pearl East Circle Boulder, CO 80301 Company Description Pharmaca Integrative Pharmacy was founded in Boulder, Colorado in 2000. We imagined a place that would treat the whole person with the best methods available, whether through prescriptions, complementary medicine, or preventive supplements. … Continue reading “Pharmaca Integrative Pharmacy Lands $3,283,000 New Financing Round”
MedSynergies Secures $43,046,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=55aa10bf-f501-4a8c-98ab-07e9faf5eda2&Preview=1 Date 3/31/2011 Company Name MedSynergies Mailing Address 909 Hidden Ridge Irving, TX 75038 Company Description MedSynergies provides revenue and performance management solutions to healthcare providers. Website http://www.medsynergies.com Transaction Type Venture Equity Transaction Amount $43,046,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor FTV Capital
CoreXchange Obtains New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cf1c5a94-34bc-4e57-8629-2d3f7d9edbcc&Preview=1 Date 3/31/2011 Company Name CoreXchange Mailing Address 1950 N.Stemmons Freeway Dallas, TX 75207 Company Description CoreXchange is the industry’s first network access exchange, providing high performance network based solutions to business enterprises and service providers based on their individual performance needs and network requirements. Website http://www.corexchange.com Transaction Type Venture Equity Transaction … Continue reading “CoreXchange Obtains New Financing”
Waldo Networks Garners $500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d7ff4941-db9d-4bcd-9d14-315e25cd1621&Preview=1 Date 3/31/2011 Company Name Waldo Networks Mailing Address 4505 Spicewood Springs Road Austin, TX 78759 Company Description Waldo Health is a leader in the development of low-cost easy-to-use equipment and systems for home health care and remote monitoring applications. Based on system on a chip technology and the Internet, Waldo Health’s … Continue reading “Waldo Networks Garners $500,000 New Financing”
Applied Plasma Science Receives $75,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d4ff1193-aaca-4763-919f-356ac2b118b5&Preview=1 Date 3/31/2011 Company Name Applied Plasma Science Mailing Address 5151 Belt Line Road Dallas, TX 75254 Company Description The company provides research and development services for graphene synthesis. Website http://www.appliedplasmascience.com Transaction Type Venture Equity Transaction Amount $75,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor … Continue reading “Applied Plasma Science Receives $75,000 New Financing Round”
TerraSpark Geosciences Secures $7,440,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f8637770-76f5-4aa9-b900-55748668bf01&Preview=1 Date 3/31/2011 Company Name TerraSpark Geosciences Mailing Address 1300 W Sam Houston Pkwy S Houston, TX 77042 Company Description Through its unique blend of industry experience, geoscience expertise and computer science skills, TerraSpark creates breakthrough software solutions and consulting services that lead to better exploration and production decisions – enabling the … Continue reading “TerraSpark Geosciences Secures $7,440,000 New Funding”
Uplogix Secures $12,810,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cf532165-f86a-4b8a-8f03-5c93acdb3921&Preview=1 Date 3/31/2011 Company Name Uplogix Mailing Address 7600B N. Capital of Texas Hwy Austin, TX 78731 Company Description Uplogix is the leading provider of Enterprise Edge Management solutions. Website http://www.uplogix.com Transaction Type Venture Equity Transaction Amount $12,810,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor … Continue reading “Uplogix Secures $12,810,000 New Financing”
Seno Medical Instruments Receives $405,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ff721042-1929-4e22-9fee-73730c3a748c&Preview=1 Date 3/31/2011 Company Name Seno Medical Instruments Mailing Address 3838 Medical Drive San Antonio, TX 78229 Company Description Seno Medical, Inc. was formed to commercialize a new modality in cancer screening and diagnosis: opto-acoustic imaging. Unlike most screening techniques, which rely on anatomical imaging, Seno’s goal is to bring functional imaging … Continue reading “Seno Medical Instruments Receives $405,000 New Round”
Shona Energy Secures New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=529010f0-e373-43a9-a4e8-7dc11bd6a265&Preview=1 Date 3/31/2011 Company Name Shona Energy Mailing Address 675 Bering Drive Houston, TX 77057 Company Description Shona Energy Company is a private oil and gas exploration and development company owned by Shona management and various institutional investors. Our primary area of interest is South America. Shona was formed in early 2005 … Continue reading “Shona Energy Secures New Financing Round”
fisoc Lands $354,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1e154f19-2d85-4e83-b97a-8ab571840461&Preview=1 Date 3/31/2011 Company Name fisoc Mailing Address 3815 S. Capital of Texas Highway Austin, TX 78704 Company Description fisoc was founded by industry experts with experience in banking and social media. fisoc’s mission is to make solutions for financial institutions. The team has developed banking solutions used by over a thousand … Continue reading “fisoc Lands $354,000 New Round”
MASERGY Receives New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5b4769de-fc20-430d-aaab-975afa6ee5dc&Preview=1 Date 3/31/2011 Company Name MASERGY Mailing Address 2740 North Dallas Parkway Plano, TX 75093 Company Description MASERGY is a leading provider of customer-controlled enterprise networks specializing in quality of service (QoS) assurance for high-quality VoIP and IP video across converged business networks. The company helps customers lower their network costs while … Continue reading “MASERGY Receives New Round”
Brazos Software Receives $3,600,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6d4651ea-0f9c-473d-9425-d5fa7e3c536d&Preview=1 Date 3/31/2011 Company Name Brazos Software Mailing Address 8303 MOPAC Austin, TX 78759 Company Description Brazos was founded to bring together class-leading companies and products that share this vision for a more energy-aware world. Together with our investment partner, Austin Ventures, we provide the capital and management resources to help software … Continue reading “Brazos Software Receives $3,600,000 New Financing Round”
GameSalad Secures $6,100,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e084672c-8a33-4750-8a29-e630b1f1b24b&Preview=1 Date 3/31/2011 Company Name GameSalad Mailing Address 3925 W. Braker Ln. 3rd Floor Austin, TX 78759 Company Description The company operates a service that allows users to create videogames for smartphones, tablets and other mobile devices. Website http://www.gamesalad.com Transaction Type Venture Equity Transaction Amount $6,100,000 Transaction Round Series B Proceeds Purposes … Continue reading “GameSalad Secures $6,100,000 Series B Financing”
Chronicity Receives $2,200,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=51ab0a77-944c-447d-a87d-efb4883e0e4d&Preview=1 Date 3/31/2011 Company Name Chronicity Mailing Address 16415 Addison Rd. Addison, TX 75001 Company Description Chronicity, Inc. specializes in providing integrative treatment for chronic diseases that focus on achieving positive long-term results. Through the development of a proprietary treatment algorithm the company’s business model targets to consumers directly and offers sustainable … Continue reading “Chronicity Receives $2,200,000 New Round”
Accuri Exit Showers Michigan With A Lot Of Love
The more you look at Becton, Dickinson & Co.’s (NYSE:[[ticker:BDX]]) recently completed acquisition of Accuri Cytometers in Ann Arbor, MI, the more there is to like. Even savor. BD did not disclose financial terms, which is a little annoying since the medical device and equipment maker, based in Franklin Lakes, NJ, had no problem telling … Continue reading “Accuri Exit Showers Michigan With A Lot Of Love”
Report: Ignition Adds $3.5M to Swype
Seattle-based Swype, a maker of touchscreen text-input technology for mobile devices, has landed a $3.5 million investment from Bellevue’s Ignition Partners, according to GeekWire. Swype’s technology allows touchscreen users to enter text by dragging their finger across an onscreen keyboard, rather than tapping out messages letter-by-letter. The company recently took top consumer product honors at … Continue reading “Report: Ignition Adds $3.5M to Swype”
Z2Live’s Latest Round Worth $2.5M
[Updated 4:30 p.m. with comment from CEO] Seattle mobile-game startup Z2Live’s latest venture round is worth about $2.5 million, according to a regulatory filing today. Z2Live had previously announced a Series B investment from Draper Fisher Jurvetson, joining previous investor Madrona Venture Group, but hadn’t disclosed the amount. Z2Live is focusing on social gaming for … Continue reading “Z2Live’s Latest Round Worth $2.5M”
Dendreon Wins Full Reimbursement From Medicare for $93K Prostate Cancer Drug
Chalk up another victory for Seattle-based Dendreon—it has persuaded Medicare officials to provide full reimbursement to doctors who prescribe its new $93,000 prostate cancer drug. The Centers for Medicare and Medicaid Services (CMS), the agency that runs the federal health insurance program for the elderly, said today in a draft memo that “the evidence is … Continue reading “Dendreon Wins Full Reimbursement From Medicare for $93K Prostate Cancer Drug”
Paul Allen’s Book: Rich Guy Spats, Early Days with Gates, and Being OK as a Generalist
Vanity Fair got the first-excerpt scoop on Microsoft co-founder and Vulcan head honcho Paul Allen’s new book, “Idea Man,” and one element in particular is drawing most of the attention today: Allen’s depiction of a past rift with longtime friend and co-founder Bill Gates over Allen’s holdings in the company. The Wall Street Journal has … Continue reading “Paul Allen’s Book: Rich Guy Spats, Early Days with Gates, and Being OK as a Generalist”