Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ce187975-9bd3-4dd9-ab1a-abc6b0e4d73b&Preview=1 Date 3/22/2011 Company Name Z2Live Mailing Address 1000 Second Avenue Seattle, WA 98104 Company Description Z2Live was formed to leverage the new capabilities of mobile devices, the seamless flow between mobile and Web communities and the advent of consumer-focused marketplaces. The company was founded in 2009 by Damon Danieli, a 14-year … Continue reading “Z2Live Obtains New Financing Round”
MasterImage 3D Secures $15,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd61ea2e-d9d6-4e23-a89c-4403f5d1ca0e&Preview=1 Date 3/22/2011 Company Name MasterImage 3D Mailing Address 5300 Melrose Ave. Fourth Floor Hollywood, CA 90038 Company Description MASTERIMAGE 3D is proud to lead the way in next-generation 3D design and production. Our technologies allow for the sharpest and most stunning stereoscopic 3D experience. MASTERIMAGE 3D has also successfully developed groundbreaking … Continue reading “MasterImage 3D Secures $15,000,000 New Financing Round”
DotCloud Garners $10,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=846d15be-b053-441c-b61c-603069742609&Preview=1 Date 3/22/2011 Company Name DotCloud Mailing Address Undisclosed San Francisco, CA 94105 Company Description The company provides a service for developers to provision, configure, monitor, backup and scale Web service applications. Website http://www.dotcloud.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “DotCloud Garners $10,000,000 Series A Funding Round”
CrowdFlower Lands $7,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=da01464a-2708-403c-9d76-8cf3d45f5749&Preview=1 Date 3/22/2011 Company Name CrowdFlower Mailing Address 2111 Mission St. San Francisco, CA 94110 Company Description CrowdFlower makes it easy for companies to tap thousands of workers for short stretches—and get good quality work. Website http://www.crowdflower.com Transaction Type Venture Equity Transaction Amount $7,000,000 Transaction Round Series B Proceeds Purposes Proceeds purposes … Continue reading “CrowdFlower Lands $7,000,000 Series B Funding Round”
Pulse Tracer Lands $8,999,999 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8fea8c32-dda7-4582-9710-a90fa08dd0f5&Preview=1 Date 3/22/2011 Company Name Pulse Tracer Mailing Address Undisclosed San Francisco, CA 94123 Company Description Only Basis gives you a complete overview of your day, and puts the tools to boost your health and wellness right at hand. Track your calories, activity, stress and sleep to make every day your best … Continue reading “Pulse Tracer Lands $8,999,999 New Financing Round”
Viewfinity Lands $1,893,900 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=acdb9590-3016-4549-9c9d-4db3d14c44c4&Preview=1 Date 3/22/2011 Company Name Viewfinity Mailing Address 1050 Winter Street Waltham, MA 02451 Company Description Viewfinity offers uncomplicated systems management solutions to manage, support and control desktops, laptops and Windows servers, regardless of worker location, via SaaS-enabled software. In four easy steps, and in less than 10 minutes, IT departments can … Continue reading “Viewfinity Lands $1,893,900 New Financing Round”
SocialVibe Receives $20,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=04c57feb-9e4a-4ede-a7de-8ec1e5fc5192&Preview=1 Date 3/22/2011 Company Name SocialVibe Mailing Address 9000 Sunset Blvd West Hollywood, CA 90069 Company Description The company develops advertising solutions within social networks. Website http://www.socialvibe.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction Round Undisclosed Proceeds Purposes The company plans to use the growth capital to accelerate global adoption of … Continue reading “SocialVibe Receives $20,000,000 New Round”
Utique Lands $1,069,536 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8f803f86-b809-4dcf-9f69-24794bc47ef7&Preview=1 Date 3/22/2011 Company Name Utique Mailing Address 2448 Larkin Street San Francisco, CA 94109 Company Description The company provides undisclosed products and services. Website Undisclosed Transaction Type Venture Equity Transaction Amount $1,069,536 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor Undisclosed
Visible Technologies Garners $6,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b4311ba4-60a5-49dc-8461-a6c194daee7a&Preview=1 Date 3/22/2011 Company Name Visible Technologies Mailing Address 3535 Factoria Blvd SE Bellevue, WA 98006 Company Description Visible Technologies empowers companies to track, analyze and participate in consumer-generated media to drive their business forward. Their innovative TruCast platform is the industry’s first complete solution for social media analysis and participation. Visible … Continue reading “Visible Technologies Garners $6,000,000 New Round”
AgInfoLink Global Lands $1,915,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4e52f5d4-83fc-4da1-a576-ea25b3ea6d47&Preview=1 Date 3/22/2011 Company Name AgInfoLink Global Mailing Address 1333 W. 120th Ave Westminster, CO 80234 Company Description AgInfoLink provides the food industry with data collection, secure data transmission, data warehousing, reporting and analysis tools for increasing profits and reducing risk. AgInfoLink’s technology solutions allow agribusinesses to collect, transfer, share, extract, transform … Continue reading “AgInfoLink Global Lands $1,915,000 New Financing Round”
Can Southeast Michigan’s Four Accelerators Play Nice With Each Other?
Last week, the Kauffman Foundation released details from a six-month study that cataloged the capabilities of the region’s four top economic development groups: Ann Arbor Spark, TechTown in Detroit, Automation Alley in Troy, and Macomb-OU Incubator. Collectively, the report boasts, the groups “have created more than 1,000 jobs and invested approximately $18 million in hundreds … Continue reading “Can Southeast Michigan’s Four Accelerators Play Nice With Each Other?”
WBBA Pub Night
The Washington Biotechnology & Biomedical Association is holding one of its pub nights on April 14. For more information, click here.
Leading With International Markets for Medical Tech Commercialization: Boom or Bust?
The University of Washington Bothell, the University of Washington Professional & Continuing Education and the Washington Biotechnology & Biomedical Association (WBBA) plan to present “A Leadership Summit: Leading with International Markets for Medical Technology Commercialization – Boom or Bust?” on April 7, 2011. For more information on how to register, click here.
Microsoft Sues Over Android on Nook
Microsoft (NASDAQ: [[ticker:MSFT]]) announced Monday that it’s suing Barnes & Noble (NYSE: [[ticker:BKS]]) and the bookseller’s manufacturing partners over the Nook e-reader that runs on Google’s Android operating system. Here is a copy of the nine-page lawsuit filed Monday—I didn’t include the many pages of exhibits. It’s not the first time that Microsoft has asserted patent … Continue reading “Microsoft Sues Over Android on Nook”
Taskforce—the Y Combinator Startup With a Solution for E-mail Overload
This is the first in a series of profiles of Y Combinator Winter 2011 (YC W11) startups. E-mail: it’s both a blessing and a curse. It’s become the central tool for business and personal communication, yet for exactly that reason it gets more and more difficult every year to keep up with the growing number … Continue reading “Taskforce—the Y Combinator Startup With a Solution for E-mail Overload”
OwnZones Gets $500K for Media Paywalls
Hot on the heels of The New York Times’ new metered-access pay plan for digital content, Remond, WA-based OwnZones Media Network is touting an initial $500,000 round of financing. The investors were not disclosed. The company says it’s building a digital content aggregation service based around charging consumers a monthly fee to access higher-quality material … Continue reading “OwnZones Gets $500K for Media Paywalls”
Now What? Novalar Sells Its Anesthesia Reversal Drug to Septodont
In an unexpected development, San Diego’s Novalar Pharmaceuticals says today it has sold OraVerse, its dental anesthesia reversal agent and only FDA-approved product, to Lancaster, PA-based Septodont, a leading supplier of dental anesthetics. The big question arising from the sale is what’s next for Novalar? OraVerse has been the main focus of the company’s business … Continue reading “Now What? Novalar Sells Its Anesthesia Reversal Drug to Septodont”
Facebook Acquires Snaptu
Moblica, an Israeli startup that makes a multi-purpose social media mobile app called Snaptu, said in a blog post Sunday that it has agreed to be purchased by Palo Alto, CA-based Facebook. Snaptu, designed for Java-enabled feature phones, allows users to connect to Twitter, Facebook, Picasa, RSS Feeds, Accuweather, and a catalogue of other information … Continue reading “Facebook Acquires Snaptu”
CloudTP Acquires Global Green
Cloud Technology Partners, a Boston-based consulting firm, says that it has acquired Global Green Consulting Group. Financial terms of the deal weren’t announced. Global Green Consulting Group’s services will become part of the offerings of Cloud Technology Partners or CloudTP. Jim Lampert, founder and president of Global Green, will be joining CloudTP as executive vice … Continue reading “CloudTP Acquires Global Green”
Genentech Gets Positive Result in Cancer Trial
Lexington, MA-based Curis (NASDAQ:[[ticker:CRIS]]) said this morning that its partner Genentech of South San Francisco informed the firm that its pivotal Phase II study of a drug dubbed vismodegib in patients with an inoperable form of severe skin cancer called advanced basal cell carcinoma met its primary endpoint of tumor shrinkage. The most common adverse … Continue reading “Genentech Gets Positive Result in Cancer Trial”
Jumio, Zediva, Enphase, Android: The 1-Minute Version of Last Week’s Bay Area Biztech News
And now for something completely different: Jumio’s mock-shock video playing up the sanitary hazards of cash didn’t amuse some Huffington Post readers, but I got the company and its PR firm to talk about why they made the video and why they aren’t worried about a backlash. Animoto’s system for making slide shows from your … Continue reading “Jumio, Zediva, Enphase, Android: The 1-Minute Version of Last Week’s Bay Area Biztech News”
Synageva Grabs $25M for Rare Diseases Drug Pipeline
Synageva BioPharma has nabbed $25 million in private equity financing as the Lexington, MA-based firm makes progress with its pipeline of treatments for rare diseases—an area that seems to be white hot these days, given Sanofi-Aventis’ (NYSE:[[ticker:SNY]]) $20.1 billion buyout of Genzyme (NASDAQ:[[ticker:GENZ]]) and other recent developments. Synageva says that its previous lead investors participated … Continue reading “Synageva Grabs $25M for Rare Diseases Drug Pipeline”
Atheros Approves Qualcomm’s $3.1B Offer, Websense Explores Sale, Maxwell Gains Traction, & More San Diego BizTech News
A couple of major M&A deals that involve some of San Diego’s biggest tech companies are in the works. We’ve got the details, along with the rest of our Monday morning roundup. —San Diego-based Websense (NASDAQ: [[ticker:WBSN]]), which provides Internet security software that companies use to limit employees’ access to business-related websites, has retained Frank … Continue reading “Atheros Approves Qualcomm’s $3.1B Offer, Websense Explores Sale, Maxwell Gains Traction, & More San Diego BizTech News”
Think Obamacare Will Suffocate New Drug Development With Price Controls? Think Again
There were a million arguments against healthcare reform a year ago. One was that if President Obama got his way and expanded health insurance to millions of uninsured people, and the government made a real effort to study the comparative effectiveness of drugs at high and low prices, it was really the first step toward … Continue reading “Think Obamacare Will Suffocate New Drug Development With Price Controls? Think Again”
Buy Your Ticket Now for VC65 on April 6 and Get a Free Copy of Bill Draper’s Book, The Startup Game
Here at Xconomy, we know something about the great investor-entrepreneur relationships that are often behind the best companies: not only are we a startup ourselves, we write about the venture capital and startup scene every day. And as you may have heard, together with the National Venture Capital Association and the MIT Museum, we are … Continue reading “Buy Your Ticket Now for VC65 on April 6 and Get a Free Copy of Bill Draper’s Book, The Startup Game”
Doxo, Kashless, Physiosonic led WA’s Equity Financing Deals in February
Doxo’s bid to wipe out paper business correspondence attracted a $10 million round of venture financing last month, outpacing several others as the biggest single venture deal in Washington state last month, according to data compiled by CB Insights. Doxo‘s Series B investment was led new investor Sigma Partners, and included returning investors Mohr Davidow … Continue reading “Doxo, Kashless, Physiosonic led WA’s Equity Financing Deals in February”
Thinking Phone, Seeing Big Opportunity in Cloud Communications, Is Amping Up Headcount
Imagine if your business phone system could track your employees’ sales actions, help you consolidate offices, connect you with offshore manufacturing facilities, and make your mobile phone act like an office landline. Cambridge, MA-based Thinking Phone Networks is aiming to do that (and more) with its cloud-based communications platform. It’s a somewhat crowded space, but … Continue reading “Thinking Phone, Seeing Big Opportunity in Cloud Communications, Is Amping Up Headcount”
CardioFocus Receives $5,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=96e102fb-7b37-40f7-811b-ddc590be7dce&Preview=1 Date 3/21/2011 Company Name CardioFocus Mailing Address 500 Nickerson Road Marlborough, MA 01752 Company Description CardioFocus, Inc. is a privately held medical device company based in Maynard, Massachusetts. The company is developing, manufacturing and marketing proprietary, disposable fiber optic catheters for the visualization of the cardiac anatomy and the treatment of … Continue reading “CardioFocus Receives $5,000,000 New Funding”
Synageva BioPharma Lands $25,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6164edc4-70de-4c42-a5a8-ff9bb155da9b&Preview=1 Date 3/21/2011 Company Name Synageva BioPharma Mailing Address 128 Spring St. Lexington, MA 02421 Company Description Synageva BioPharma’s goal is to improve the lives of patients with rare and ultra rare diseases (diseases that affect less than 200,000 and 10,000 patients respectively) by providing access to breakthrough protein therapeutics. Our team … Continue reading “Synageva BioPharma Lands $25,000,000 New Funding Round”
OwnZones Media Network Garners $500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a4f041f0-28a6-47ca-83f6-14ff5845bc0a&Preview=1 Date 3/21/2011 Company Name OwnZones Media Network Mailing Address Undisclosed Redmond, WA 98052 Company Description The company is creating a digital ecosystem that allows users to pay for content. Website http://www.ownzones.com Transaction Type Venture Equity Transaction Amount $500,000 Transaction Round Undisclosed Proceeds Purposes This capitalization will support the company’s efforts to … Continue reading “OwnZones Media Network Garners $500,000 New Round”
8thBridge Obtains $10,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=36c68b49-1683-4a5f-9631-0b29b6e5ac47&Preview=1 Date 3/21/2011 Company Name 8thBridge Mailing Address 110 5th St. N. Minneapolis, MN 55403 Company Description Merchants partner with 8thBridge to create social shopping experiences for their customers inside Facebook and on their ecommerce sites. Customers are empowered to shop with merchants on their own terms in a shopping experience that … Continue reading “8thBridge Obtains $10,000,000 Series B Financing Round”
Broadcom Acquires Provigent for $313,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3a6550a4-da16-406d-904d-cbc48ca27c5d&Preview=1 Date 3/21/2011 Company Name Provigent Mailing Address 3333 Bowers Ave. Santa Clara, CA 95054 Company Description Provigent is a fabless semiconductor company aiming to become the leading supplier of SoC solutions for the broadband wireless transmission industry. Website http://www.provigent.com Transaction Type M&A Transaction Amount $313,000,000 Transaction Round Proceeds Purposes M&A Terms … Continue reading “Broadcom Acquires Provigent for $313,000,000”
NetLogic Microsystems Acquires Optichron for $220,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1df1565f-3fa0-4525-a7cd-c9f373918543&Preview=1 Date 3/21/2011 Company Name Optichron Mailing Address 4221 Technology Drive Fremont, CA 94538 Company Description Optichron is a fabless semiconductor company that leverages its proprietary Turbolinear signal processing technology to develop high-performance precision integrated circuits that target data conversion for communications and other signal processing applications. Website http://www.optichron.com Transaction Type M&A … Continue reading “NetLogic Microsystems Acquires Optichron for $220,000,000”
Shutterfly Acquires Tiny Prints for $333,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ef20360c-b02b-467b-91b9-f19c3c9cd6d0&Preview=1 Date 3/21/2011 Company Name Tiny Prints Mailing Address 415 East Middlefield Road Mountain View, CA 94043 Company Description Tiny Prints, Inc. is a web-based company comprised of two brands offering premium, personalized, social stationery, Tiny Prints and Wedding Paper Divas. Tiny Prints and Wedding Paper Divas provide simple, modern and unique … Continue reading “Shutterfly Acquires Tiny Prints for $333,000,000”
STELLAService Receives $2,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=676085af-843e-4b60-8f59-846f74a0b7a3&Preview=1 Date 3/21/2011 Company Name STELLAService Mailing Address 27 W. 20th St. New York, NY 10011 Company Description We operate with a simple mission: to enhance transparency around the customer service of online businesses. Our goal is to guide online consumers to the sites that maintain the highest quality customer care. We … Continue reading “STELLAService Receives $2,000,000 New Financing”
T-Mobile’s Sale to AT&T: What They’re Saying, What it Means for the Northwest
The sale of Bellevue, WA-based T-Mobile USA to AT&T for $39 billion shook up the mobile world this weekend, both nationally and in the Seattle area. It’s unclear what the practical effects will be for T-Mobile employees in the Puget Sound region, and we might not know for some time: The companies say the acquisition … Continue reading “T-Mobile’s Sale to AT&T: What They’re Saying, What it Means for the Northwest”
Party With a Purpose
The Party With a Purpose, an initiative to get 20 and 30-somethings involved in global health causes, is being held this year on June 17th at McCaw Hall in Seattle. This year, the event is focusing on the Infectious Disease Research Institute and its efforts to control and eliminate tuberculosis in Haiti. For more information … Continue reading “Party With a Purpose”
Jumio and the “Anti-Cash League”: Adventures in Viral Video
“It’s dirty, covered in microbacteria and traces of cocaine … [it] fuels criminal activity … it may be green in color, but it certainly is not good for the environment.” What is this nefarious threat? It’s cash money, at least according to Sebastian Cole of the Anti-Cash League. Cole is the British expert featured in … Continue reading “Jumio and the “Anti-Cash League”: Adventures in Viral Video”
Zynga Scoops Up Floodgate Team
San Francisco-based social gaming giant Zynga announced today it has acquired the team from Waltham, MA-based game studio Floodgate Entertainment. Financial details weren’t given, but the deal is Zynga’s 10th announced acquisition in as many months (including Cambridge, MA-based Conduit Labs, which is now Zynga Boston). Floodgate is led by a number of employees from … Continue reading “Zynga Scoops Up Floodgate Team”
Alnylam CEO: Tekmira Accusation of Trade Secret Misuse was a “Big Surprise”
Alnylam Pharmaceuticals CEO John Maraganore found out his firm was getting sued by one of its business partners for more than $1 billion when an e-mail arrived in his inbox a few minutes after a press release on Wednesday. This was a bombshell, to say the least. The CEO of Vancouver, BC-based Tekmira Pharmaceuticals said … Continue reading “Alnylam CEO: Tekmira Accusation of Trade Secret Misuse was a “Big Surprise””
Saverin Invests in Jumio
Jumio, a Mountain View, CA-based stealth startup developing a digital alternative to paying with cash, said in a blog post yesterday that it has raised $6.5 million in a Series A round led by Facebook co-founder Eduardo Saverin. The company said it raised the entire Series A round from “ultra high net worth individuals” rather … Continue reading “Saverin Invests in Jumio”
Zero Motorcycles Zooms to $17M
Zero Motorcycles in Santa Cruz, CA, has picked up $17 million in new funding from a group led by private equity firm Invus, the company announced yesterday. The round could grow by $9 million in the coming months, according to the startup, which sells street and sport motorcycles powered by lithium-ion batteries. “Zero Motorcycles is … Continue reading “Zero Motorcycles Zooms to $17M”
Bay Area Life Sciences 2031: The Photo Gallery
California has one of the worst state budget shortfalls in the country, some godawful transportation bottlenecks, and housing prices that are high enough to send most newly minted PhD’s into talk therapy. And despite all that, in 20 years’ time, San Francisco will still be the world’s No. 1 place for creating innovative new drugs, … Continue reading “Bay Area Life Sciences 2031: The Photo Gallery”
Tekmira-Alnylam Lawsuit Centers on Drug Carrier Particles
Cambridge, MA-based Alnylam Pharmaceuticals (NASDAQ:[[ticker:ALNY]]) has been working with Tekmira Pharmaceuticals (TSE:[[ticker:TKM]]) of Vancouver, BC, since at least 2006 on getting its gene-silencing drugs into cells to treat diseases. But the partnership has gone sour. Tekmira has filed a lawsuit that is seeking what could amount to more than $1 billion from Alnylam. Alnylam, founded … Continue reading “Tekmira-Alnylam Lawsuit Centers on Drug Carrier Particles”
Affymax Raises $50M
Affymax (NASDAQ: [[ticker:AFFY]]), the Palo Alto, CA-based developer of an anemia drug, said today it has raised $50 million in gross proceeds through a stock offering. The company sold about 8.47 million new shares at $5.90 apiece, about an 8.5 percent discount from yesterday’s closing stock price of $6.45. Lazard Capital Markets and Stifel Nicolaus … Continue reading “Affymax Raises $50M”
Date Set for Key Meeting on Vertex Drug
The FDA said it has set April 28 as the date of an advisory committee meeting on Cambridge, MA-based Vertex Pharmaceuticals’ (NASADAQ:[[ticker:VRTX]]) application for approval of its experimental hepatitis C drug telaprevir. The agency has a track record of often, but not always, following the recommendations of such advisory groups. Vertex is seeking approval of … Continue reading “Date Set for Key Meeting on Vertex Drug”
New Rules for the New Internet Bubble
We’re now in the second Internet bubble. The signals are loud and clear: seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. The rules for making money are different in a bubble than in normal times. What are … Continue reading “New Rules for the New Internet Bubble”
HubSpot CEO Brian Halligan on M&A Strategy, Lessons from PTC and Groove, and Boston as the “Next Madison Avenue”
They are the “Mad Men” of the future—the guys (and gals here in the 21st century) at marketing-tech companies like HubSpot, Constant Contact, DataXu, BzzAgent, Demandware, and Performable. I’m not a big fan of the show, so I won’t take the analogy much further. But perhaps Brian Halligan, the co-founder and CEO of Cambridge, MA-based … Continue reading “HubSpot CEO Brian Halligan on M&A Strategy, Lessons from PTC and Groove, and Boston as the “Next Madison Avenue””
RSA Security Suffers Cyber Atttack
RSA Security, a Bedford, MA-based division of EMC (NYSE: [[ticker:EMC]]), said yesterday it was the target of an “extremely sophisticated cyberattack” that resulted in digital information being extracted from RSA’s systems. At least some of the data breach is related to RSA’s SecurID two-factor authentication products, which are used widely by companies and governments. RSA … Continue reading “RSA Security Suffers Cyber Atttack”
Alnylam Settles One Lawsuit, Hit With Another; Living Proof Raises $16M, Tolerx/GSK Drug Fails to Meet Goal, & More Boston-Area Life Sciences News
New England’s biotech attorneys must be working overtime, if the week’s headlines are any indication. —Cambridge, MA-based Alnylam (NASDAQ:[[ticker:ALNY]]) announced it had settled a long-standing legal dispute over the so-called Tuschl I and Tuschl II patent families. The suit, which involved key players in the field of RNA-interference including Alnylam, Max Planck Society, the University … Continue reading “Alnylam Settles One Lawsuit, Hit With Another; Living Proof Raises $16M, Tolerx/GSK Drug Fails to Meet Goal, & More Boston-Area Life Sciences News”