Intelligent Clearing Network Receives $1,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=de7cc457-b86b-4fea-9ea4-11fbd63b1fa4&Preview=1 Date 3/10/2011 Company Name Intelligent Clearing Network Mailing Address 31 Lakeview Ave. New Canaan, CT 06840 Company Description ICN was founded by a team of software engineers and business managers who realized that the efficiency and fraud related to coupons was well documented and persistent. While digital couponing is by far … Continue reading “Intelligent Clearing Network Receives $1,000,000 New Funding”

VigLink Secures $5,400,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=42ae1a8e-4141-4bd6-b7f9-31e4d0ae635e&Preview=1 Date 3/10/2011 Company Name VigLink Mailing Address 420 Bryant Street San Francisco, CA 94107 Company Description The company provides consumers extra income from online link sharing. Website http://www.viglink.com Transaction Type Venture Equity Transaction Amount $5,400,000 Transaction Round Series B Proceeds Purposes The financing will be used to accelerate VigLink’s hiring in … Continue reading “VigLink Secures $5,400,000 Series B Financing”

RadiumOne Obtains $21,000,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b3981595-3292-441b-9d3b-c7248a00d973&Preview=1 Date 3/10/2011 Company Name RadiumOne Mailing Address 525 Market Street 18th Floor San Francisco, CA 94105 Company Description RadiumOne has developed breakthrough technology that uses social graph data to dramatically improve online marketing. Website http://www.RadiumOne.com Transaction Type Venture Equity Transaction Amount $21,000,000 Transaction Round Series B Proceeds Purposes The Company, which … Continue reading “RadiumOne Obtains $21,000,000 Series B Financing”

Beyond Oblivion Secures $77,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dc33b0bc-90b0-41e9-a342-0a764673e842&Preview=1 Date 3/10/2011 Company Name Beyond Oblivion Mailing Address 16 E. 40th Street New York, NY 10016 Company Description Beyond Oblivion is a music service that combines the stickiness of a social network with unlimited life-of-device access to the largest music library on Earth, within a vast ecosystem where content owners are … Continue reading “Beyond Oblivion Secures $77,000,000 New Financing Round”

2tor Receives $32,499,982 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e356b93f-b720-4324-ac49-a07d78f26bbd&Preview=1 Date 3/10/2011 Company Name 2tor Mailing Address Chelsea Piers Pier 59 New York, NY 10011 Company Description Founded by a unique team of education veterans with unparalleled experience, 2tor Inc. is a private company that partners with preeminent institutions of higher education to deliver rigorous, selective degree programs online.2tor develops state-of-the-art … Continue reading “2tor Receives $32,499,982 New Financing Round”

Group Commerce Receives $8,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=06a6d4cf-2dd5-4ad5-938b-c464fad432f9&Preview=1 Date 3/10/2011 Company Name Group Commerce Mailing Address 628 Broadway New York, NY 10012 Company Description The company has developed a white label, full-service group buying platform for publishers and merchants. Website http://www.groupcommerce.com Transaction Type Venture Equity Transaction Amount $8,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “Group Commerce Receives $8,000,000 New Funding”

Exelixis Pockets $156M in Stock Sale, Riding Wave of Prostate Cancer Drug Results

Exelixis has seized on the newfound momentum for its experimental prostate cancer drug by raising a big new load of cash. The South San Francisco-based drug developer (NASDAQ: [[ticker:EXEL]]) said today it has grossed $165 million through a new stock offering, and will take home about $156 million after paying expenses. The company sold 15 … Continue reading “Exelixis Pockets $156M in Stock Sale, Riding Wave of Prostate Cancer Drug Results”

Appature’s Koester Leaves for Zaarly

Well, that was quick. Seattle startup attorney Eric Koester is leaving Appature for an auction-type consumer buying startup with backing from Ashton Kutcher and others (yes, that Ashton Kutcher). Koester joined Appature in October to help the growing healthcare services company manage its operations. But, as GeekWire reports, he was part of a group that … Continue reading “Appature’s Koester Leaves for Zaarly”

The Buzz From the Zino Life Sciences Forum

There was a great buzz yesterday at ZINO Life: Life Sciences Investment Forum where 14 biotech and life sciences companies pitched to a room full of eager investors. Many exciting technologies were on display, including Empowering Engineering Technologies‘ ExoWalk—the 2010 Zino Life fund recipient—as well as Cerevast Therapeutics’ ClotBust-ER. All presenters delivered energetic and compelling … Continue reading “The Buzz From the Zino Life Sciences Forum”

King of the Web Lets More People in on the Secret: It’s a Video-Heavy Popularity Contest with Cash Prizes

King of the Web, the social gaming startup led by some big names in Seattle tech, is opening up the private beta I speculated about earlier this month. Passwords were doled out to Twitter and Facebook followers today, and I took a peek under the hood. From what I can see so far, King of … Continue reading “King of the Web Lets More People in on the Secret: It’s a Video-Heavy Popularity Contest with Cash Prizes”

Astute Extends Series B Funding to $39.5M

San Diego’s Astute Medical, which raised $26.5 million in a Series B venture round last May, says it has extended the round and raised an additional $13 million to develop new diagnostic tests for acute conditions that require rapid diagnosis. Investors include Domain Associates, Delphi Ventures, De Novo Ventures and Johnson & Johnson Development Corporation. … Continue reading “Astute Extends Series B Funding to $39.5M”

Scenes from the Qualcomm Shareholder Meeting: Five Years Under New Management

The Qualcomm shareholder meeting was something of a five-year anniversary yesterday for Paul Jacobs, who was named to succeed his father, Irwin M. Jacobs, as CEO of the world’s largest provider of wireless chipsets and software technology in March 2005. As milestones go, 2010 was a great year for Qualcomm, which had a record-setting year … Continue reading “Scenes from the Qualcomm Shareholder Meeting: Five Years Under New Management”

Beringea Holds “Office Hours” For Entrepreneurs. 15 Minutes To Sell A Dream.

“Steve Beeler,” says the cheery, bespectacled man sporting a bright green tie as he extends his hand to me. “Nice to meet you,” I reply. “Do you have a business card?” “Um…no,” Beeler says somewhat sheepishly. “We just settled some issues with our [web]domain name.” Ah, the life of a high tech startup! We’re sitting … Continue reading “Beringea Holds “Office Hours” For Entrepreneurs. 15 Minutes To Sell A Dream.”

Mobile Devices and Platforms Seminar

This morning event, sponsored by the Mass Technology Leadership Council, will take a close look at the different mobile platforms for developing apps: pros and cons, markets, support from the platform provdier, where to begin, and future opportunities. Sign up online for this one.

Madrona and Ignition Invest $8.5M in Seattle Cloud-Computing Provider Tier 3

Seattle-based Tier 3, a cloud-computing service for businesses, said Wednesday that it has raised $8.5 million from Ignition Capital and Madrona Venture Group. This is the company’s first publicly announced round of financing. Tier 3 was founded in 2006 and counts Microsoft among its nearly 100 clients. In a release, Tier 3 said it plans … Continue reading “Madrona and Ignition Invest $8.5M in Seattle Cloud-Computing Provider Tier 3”

Targeted Genetics, Re-invented as AmpliPhi, Bets on Anti-Bacterials, Moves HQ to London

Targeted Genetics has been a shell of its former self for a couple years now, but today it’s officially no longer the same old Targeted Genetics. The Seattle-based company, a one-time trailblazer in the field of gene therapy, said today it has made a slew of changes to its business, including ditching the old name … Continue reading “Targeted Genetics, Re-invented as AmpliPhi, Bets on Anti-Bacterials, Moves HQ to London”

See You at Mobile Madness at Microsoft NERD: Be Ready for Anything

Hope you all had a fine Mardi Gras. Now it’s time to get down to business. Mobile business. Yes, Mobile Madness 2011 is happening this afternoon, over at Microsoft NERD in Kendall Square (the program starts at 1:00 pm). We’ve helped assemble some of the top names in the mobile industry from New England and … Continue reading “See You at Mobile Madness at Microsoft NERD: Be Ready for Anything”

$1M for Senior Health Startup Stonewedge

Stonewedge, an Andover, MA-based startup focused on improving care for seniors, has raised $1 million in an equity financing, according to an SEC filing. The company provides scant details about its business and products on its website. Stonewedge’s board includes Bernard Gordon, the founder and former chairman and CEO of Analogic (NASDAQ:[[ticker:ALOG]]), a maker of … Continue reading “$1M for Senior Health Startup Stonewedge”

ZeeVee Enhances Internet Video Portal for Connected Devices, Looks to Power Smaller Cable Providers

Littleton, MA-based ZeeVee has reinvented itself again. The startup launched four years ago to provide hardware for “bringing Internet television together and into the living room,” says CEO Vic Odryna. The ZvBox device didn’t exactly catch on in homes, but has found a niche in commercial settings like hotels, restaurants, and casinos. ZeeVee later introduced … Continue reading “ZeeVee Enhances Internet Video Portal for Connected Devices, Looks to Power Smaller Cable Providers”

Startup Guru Steve Blank Says It’s Time for E-Schools, Not B-Schools

A few weeks ago I had very long lunch at Vitrine with Steve Blank, who’s famous in entrepreneurship circles as the originator of the “customer development” methodology for getting a technology startup off the ground. Here at Xconomy, we’ve been cross-posting Blank’s blog posts for a few months, but the lunch was my first chance … Continue reading “Startup Guru Steve Blank Says It’s Time for E-Schools, Not B-Schools”

Retroficiency, Backed by World Energy and Angels, Looks to Cash In on Real Estate Market for Energy Software

With a name like Retroficiency, you pretty much know what you’re getting. That’s saying a lot, given the obscurity of most startup names these days. You might gather that this company has to do with retrofitting and energy efficiency—and you’d be right. Boston-based Retroficiency provides software-as-a-service to help energy service companies, facility management firms, and … Continue reading “Retroficiency, Backed by World Energy and Angels, Looks to Cash In on Real Estate Market for Energy Software”

Calypso Medical’s New CEO Seeks to Steady Ship After a Rough Couple of Years

Calypso Medical Technologies, on the surface, looked like it was on the brink of breakout success in September 2009. The Seattle-based company raised $50 million in venture capital—the biggest investment that year in Washington state—to beef up R&D, hire more people, and take its system for precision-guided cancer radiation treatment beyond the U.S. market and … Continue reading “Calypso Medical’s New CEO Seeks to Steady Ship After a Rough Couple of Years”

Sapphire Energy Anticipates “Significant” Revenue Stream From Monsanto Alliance

San Diego biofuels startup Sapphire Energy added to its pedigreed credentials yesterday, revealing an undisclosed investment by St. Louis, MO-based Monsanto (NYSE: [[ticker:MON]]), a premiere agricultural biotech giant, as part of an extended collaborative agreement. Sapphire established its exalted lineage a couple of years ago when it raised $100 million in Series B venture funding … Continue reading “Sapphire Energy Anticipates “Significant” Revenue Stream From Monsanto Alliance”

Kahoots Bought By RentJuice, Skyhook Enlists Sony, MassChallenge Adds $1M from MA, & More Boston-Area Deals News

We saw headlines of partnerships for Web and software companies, startup financings, and venture firms getting ready to raise bigger funds. —Boston-based mobile software maker Skyhook Wireless nabbed a deal with Sony to get its location-finding technology into Sony’s “NGP” handheld gaming system, expected to roll out in late 2011. Financial terms of the agreement … Continue reading “Kahoots Bought By RentJuice, Skyhook Enlists Sony, MassChallenge Adds $1M from MA, & More Boston-Area Deals News”

Chiasma Receives $4,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=972a185a-cac5-4d34-bb4f-0f32c61f1868&Preview=1 Date 3/9/2011 Company Name Chiasma Mailing Address 831 Beacon St. Newton Center, MA 02459 Company Description Chiasma develops innovative solutions for the non-invasive delivery of protein drugs. Chiasma’s technology enables drugs to be administered into the bloodstream without the need for injections Website http://www.chiasmapharma.com Transaction Type Debt Transaction Amount $4,000,000 Transaction … Continue reading “Chiasma Receives $4,000,000 New Financing”

Euthymics Bioscience Secures $4,000,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4f51a2b5-b2e1-4620-9be4-20b089aeb3ec&Preview=1 Date 3/9/2011 Company Name Euthymics Bioscience Mailing Address 43 Thorndike St. Cambridge, MA 02141 Company Description Euthymics Bioscience, Inc. is a neuroscience-focused clinical-stage company developing next-generation treatments for depression. Euthymics’ initial focus is on patients who do not respond adequately to SSRIs. EB-1010 for depression is expected to improve efficacy and … Continue reading “Euthymics Bioscience Secures $4,000,000 Series A Round”

Stonewedge Obtains $1,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=008db41c-54d6-4033-97fa-802f359647c7&Preview=1 Date 3/9/2011 Company Name Stonewedge Mailing Address 28 Andover St. Andover, MA 01810 Company Description Stonewedge is developing its core platform with a focus on the requirements of older adults, their care givers and families. Stonewedge products will elevate the delivery, quality and efficiency of health and wellness services provided to … Continue reading “Stonewedge Obtains $1,000,000 New Round”

Tier 3 Garners $8,500,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d384e7c-2238-4dd2-8006-61f8c16f57bc&Preview=1 Date 3/9/2011 Company Name Tier 3 Mailing Address 9594 1st Ave. NE. Seattle, WA 98115 Company Description Tier 3 offers enterprise-level managed services for businesses of all types and sizes around the world. With our best-in-class architecture and platform, Tier 3 serves as an extension of its customers’ IT departments, enabling … Continue reading “Tier 3 Garners $8,500,000 Series A Funding Round”

Kite Pharma Obtains $15,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=999262a5-b0d6-4ccc-83c2-57fac6ae52af&Preview=1 Date 3/9/2011 Company Name Kite Pharma Mailing Address 10924 Le Conte Avenue Los Angeles, CA 90024 Company Description Kite Pharma, Inc. is a privately held development stage biotechnology company engaged in the design and development of pioneering immune-based targeted therapies to treat different cancer indications. Kite has a portfolio of proprietary … Continue reading “Kite Pharma Obtains $15,000,000 Series A Funding Round”

DailyBooth Lands $6,000,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e40b10dc-ff99-404a-9c89-edad92349cb4&Preview=1 Date 3/9/2011 Company Name DailyBooth Mailing Address 8939 S. Sepulveda Blvd Westchester, CA 90045 Company Description Provides photo-blogging services. Website http://www.dailybooth.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round Series A Proceeds Purposes The new financing will accelerate the expansion of DailyBooth’s distribution and audience acquisition efforts, as well as … Continue reading “DailyBooth Lands $6,000,000 Series A Financing”

GrubHub.com Secures $20,000,000 Series D Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5196972c-e81c-47b4-9f62-ef7f68415d62&Preview=1 Date 3/9/2011 Company Name GrubHub.com Mailing Address 1440 N Dayton Chicago, IL 60622 Company Description The company operates a website that allows users to learn which restaurants deliver food, view menus, reviews and more. Website http://www.grubhub.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction Round Series D Proceeds Purposes This additional … Continue reading “GrubHub.com Secures $20,000,000 Series D Financing Round”

Offermatic Obtains $4,500,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a7c1c298-0863-4749-a49c-02dea208015b&Preview=1 Date 3/9/2011 Company Name Offermatic Mailing Address 655 Castro St. Mountain View, CA 94041 Company Description Offermatic is a free online service that automatically saves people money on everyday purchases. Based on personal spending history, Offermatic delivers consumers high-value, tailored savings without the hassle of coupons or vouchers. Website http://www.offermatic.com Transaction … Continue reading “Offermatic Obtains $4,500,000 Series A Funding Round”

Credit Sesame Obtains $6,150,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f9ca56b3-125d-4e25-98d4-3d79fc962034&Preview=1 Date 3/9/2011 Company Name Credit Sesame Mailing Address 440 N. Wolfe Rd. Sunnyvale, CA 94085 Company Description The company operates a free online service that lets users monitor their debt and credit information in addition to the lending market. Website http://www.creditsesame.com Transaction Type Venture Equity Transaction Amount $6,150,000 Transaction Round Series … Continue reading “Credit Sesame Obtains $6,150,000 Series B Funding Round”

Alta Devices Garners New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b60c62f6-aa19-4b77-a0ac-6d89e0f64b06&Preview=1 Date 3/9/2011 Company Name Alta Devices Mailing Address Undisclosed Santa Clara, CA 95054 Company Description Alta Devices was founded in 2007 and is focused on improving the production economics of high efficiency solar PV applications. Website http://www.altadevices.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes The new … Continue reading “Alta Devices Garners New Funding Round”

Flite Lands $12,000,000 Series C Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=316753e1-dfe2-4e27-b655-f35f5e50175a&Preview=1 Date 3/9/2011 Company Name Flite Mailing Address 706 Mission St. Fifth Floor San Francisco, CA 94103 Company Description Flite is a cloud-based ad platform that enables marketers to deliver ads people love. Our platform allows advertisers, agencies, and publishers to create, serve, and measure ads that are as dynamic as the … Continue reading “Flite Lands $12,000,000 Series C Round”

StumbleUpon Secures $17,000,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=96ac03c2-32da-4626-bd14-cca9322c234f&Preview=1 Date 3/9/2011 Company Name StumbleUpon Mailing Address P.O. Box 191675 San Francisco, CA 94119 Company Description StumbleUpon helps you discover and share great websites. As you click Stumble!, we deliver high-quality pages matched to your personal preferences. Website http://www.stumbleupon.com Transaction Type Venture Equity Transaction Amount $17,000,000 Transaction Round Series B Proceeds … Continue reading “StumbleUpon Secures $17,000,000 Series B Financing”

MediaMath Garners $8,999,983 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0da9a0c9-34c3-4a70-aa39-7732b559e449&Preview=1 Date 3/9/2011 Company Name MediaMath Mailing Address 415 Madison Avenue 3rd Floor New York, NY 10017 Company Description MediaMath’s TerminalOne buying platform provides advertising agencies with the technology and back office services to trade effectively across leading display advertising sources. It includes a common interface and workflow, data management layer that … Continue reading “MediaMath Garners $8,999,983 New Financing”

Stack Exchange Receives $12,000,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e0ce6918-4843-4337-96c7-9f1e0d3df684&Preview=1 Date 3/9/2011 Company Name Stack Exchange Mailing Address 55 Broadway Floor 25 New York, NY 10006 Company Description Stack Exchange is a programming Q & A site that’s free. Free to ask questions, free to answer questions, free to read, free to index, built with plain old HTML, no fake rot13 … Continue reading “Stack Exchange Receives $12,000,000 Series B Financing Round”

Fluke or Trend? One Investor Reflects on HealthMedia Acquisition —Sees Promise, but Not Critical Mass, in Michigan Innovation Ecosystem

One exit does not a trend make. In 2005, Chrysalis Ventures led a $2 million investment in HealthMedia, based in Ann Arbor, MI. Three years later, Johnson & Johnson bought HealthMedia. Terms of the deal weren’t disclosed but Chrysalis says it ultimately earned 18 times its initial investment. Not too bad. Despite its success with … Continue reading “Fluke or Trend? One Investor Reflects on HealthMedia Acquisition —Sees Promise, but Not Critical Mass, in Michigan Innovation Ecosystem”

TechFest Pumps Up Microsoft Research, HomePipe Lands $1.1M, A New Fund for Science Education, & More NW Tech Tidbits

Microsoft Research is having its annual TechFest get-together across the lake, including some pretty cool-looking demonstrations and discussion of what Microsoft (NASDAQ: [[ticker:MSFT]]) gets for its $9 billion in annual R&D spending. Of course, one of the biggest storylines out of the research shop lately is the popularity of the Kinect motion-sensor for more than … Continue reading “TechFest Pumps Up Microsoft Research, HomePipe Lands $1.1M, A New Fund for Science Education, & More NW Tech Tidbits”

Google Ventures, Sequoia, Salesforce Lead $32M Financing Round for HubSpot

[Updated 2:00 pm ET with additional perspective from the investors] Three Bay Area organizations are behind a big $32 million investment in Cambridge, MA-based marketing software company HubSpot. The Series D financing round, announced today, was led by Google Ventures, Sequoia Capital, and Salesforce.com, with Hubspot’s existing investors General Catalyst, Matrix Partners, and Scale Venture … Continue reading “Google Ventures, Sequoia, Salesforce Lead $32M Financing Round for HubSpot”

LearnBoost Raises $1 Million

LearnBoost, a San Francisco startup offering online tools that help schoolteachers manage grading and lesson plans, has raised an additional $1 million in debt and securities, according to a regulatory filing. The company previously raised $975,000 in a July 2010 round that included Bessemer Venture Partners, Charles River Ventures, RRE Ventures, and Atlas Venture.

VC65 to Feature Tales of Great VCs and Entrepreneurs—Come Wish Venture Capital a Happy Birthday at MIT’s Kresge Auditorium

Great venture capitalists and entrepreneurs aren’t in it for the money or fame—they are out to build outstanding companies that make the world safer, healthier, more productive, more accessible, or just more fun. And, usually, it takes a great partnership between investors and entrepreneurs to pull that off. Celebrating such successful partnerships is the main … Continue reading “VC65 to Feature Tales of Great VCs and Entrepreneurs—Come Wish Venture Capital a Happy Birthday at MIT’s Kresge Auditorium”

ISB, Covance Form Brain Tumor Partnership

Covance (NYSE: [[ticker:CVD]]), said today that its genomics laboratory in Seattle has agreed to a new collaboration with the Institute for Systems Biology to study brain tumors, according to GenomeWeb. Researchers will study the genetic differences that lurk within tumors, and find molecular targets that would enable researchers to select the right drug for the … Continue reading “ISB, Covance Form Brain Tumor Partnership”

Why Computing Guys Don’t Get Mobile: Qualcomm’s Bill Davidson on Modems, Power Constraints, and Scarce Spectrum Resources

The pace of wireless innovation can get bewildering at times, and a spate of recent announcements from San Diego-based Qualcomm (NASDAQ: [[ticker:QCOM]]) has seemed more like a blur of racing machines in the Indy 500 than anything else. Since Qualcomm also happens to be hosting its annual shareholders meeting today, it seemed like an ideal … Continue reading “Why Computing Guys Don’t Get Mobile: Qualcomm’s Bill Davidson on Modems, Power Constraints, and Scarce Spectrum Resources”

RelayRides Raises $5.1M

RelayRides, a San Francisco-headquartered person-to-person car-sharing startup with an office in Boston, has raised $5.1 million of an equity-based funding round that could total $5.9 million, according to an SEC document filed yesterday.  The company, which started in Cambridge and last year participated in the Boston incubator program MassChallenge, announced in December that it had … Continue reading “RelayRides Raises $5.1M”

YouTube Acquires Next New Networks

San Bruno, CA-based YouTube, the online video network owned by Google (Nasdaq: [[ticker:GOOG]]), has acquired New York-based Next New Networks, the startup’s departing CEO Fred Seibert confirmed in a blog post yesterday. The four-year-old startup, which helps package and promote video content from independent producers, “will become a core component of YouTube Next, a new … Continue reading “YouTube Acquires Next New Networks”