My head is spinning from the whirlwind of presentations and hobnobbing at this year’s Life Science Innovation Northwest. The regional biotech showcase drew by far the most people in its 11-year history, almost 1,000. More importantly, folks I talked to from outside the region were impressed with the technology here, combined with the community’s can-do … Continue reading “PhaseRx Angles for a Deal, Tom Clement’s New Device Gig(s), InDi’s Alzheimer’s Plan, & More in the Life Science Innovation Northwest Wrap-Up”
U-M Startup Aims to “Reveal” Design Flaws In Computer Chips
Designing a next generation computer chip can be a real pain in the…uh, hard drive. Just ask Intel. In January, the world’s largest maker of chips said it stopped shipments of chips that power its most advanced Sandy Bridge line of PC processors because of a design flaw, a recall Intel said would cost it … Continue reading “U-M Startup Aims to “Reveal” Design Flaws In Computer Chips”
Bing and Kayak Team Up Against Google
Kayak and Microsoft’s Bing Travel, once competitors in online travel meta-search, are now strategic partners. The companies announced today that in the coming weeks, Kayak will provide flight search results in the U.S. for Bing Travel. Financial terms were not given. Connecticut-based Kayak and Microsoft’s Bing were already allied against Google’s acquisition of Cambridge, MA-based … Continue reading “Bing and Kayak Team Up Against Google”
Three Kings: Bessemer, Greylock, Summit Raising Big New Funds
The big guys are getting bigger: Three prominent venture and private equity firms with Boston representation are in the news this week about raising big new funds. How does this affect startups and innovation? Probably not all that much, other than being part of the natural cycle of money flow. But it’s interesting, and possibly … Continue reading “Three Kings: Bessemer, Greylock, Summit Raising Big New Funds”
Report: Talk of Bessemer Raising New Fund
Bessemer Venture Partners, which has offices in Cambridge, MA, and Menlo Park, CA, wants to raise as much as $1.5 billion for a fund to invest in technology startups, two unnamed sources told Bloomberg. The investments would be made from the firm’s offices in the U.S., India, and Israel. The Larchmont, NY, firm and other … Continue reading “Report: Talk of Bessemer Raising New Fund”
Plexxikon’s Big Payday, InterMune Wins EU Approval, UCSF’s $48M Windfall, & More Bay Area Life Sciences News
The biotech world was buzzing this week on the first 10-bagger I’ve seen in a long, long, time. —Berkeley, CA-based Plexxikon captured all that buzz when it agreed to be acquired by Japan-based Daiichi Sankyo for $805 million upfront, plus another $130 million in milestone payments. Not shabby for a company that raised $67 million … Continue reading “Plexxikon’s Big Payday, InterMune Wins EU Approval, UCSF’s $48M Windfall, & More Bay Area Life Sciences News”
“Leonardo’s Notebook”—My Killer App for the iPad 2
Attention all mobile app developers: I’m about to give you an idea for a great new consumer app. I think it’s something that would appeal to any adventurous, creative, curious person—travelers, outdoorsmen, students, scrapbookers, artists, and the like. I think this is the moment to build it, since it’s something that wouldn’t have been possible … Continue reading ““Leonardo’s Notebook”—My Killer App for the iPad 2″
RXi Sells Stock and Warrants, Cardiorobotics Raises $6.6M, ImmunoGen Dishes On New Drugs, & More Boston-Area Life Sciences News
This week we’ve seen news of financings for device makers and drug developers, as well as reports from clinical trials from New England area life sciences firms and their rivals. —Daniel Junius, CEO of Waltham, MA-headquartered ImmunoGen, talked to Ryan about the antibody-based drugs the company is developing that aren’t generating as much noise as the … Continue reading “RXi Sells Stock and Warrants, Cardiorobotics Raises $6.6M, ImmunoGen Dishes On New Drugs, & More Boston-Area Life Sciences News”
Pluromed Lands $343,248 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ede461f-5e6c-4058-94e1-101256887f74&Preview=1 Date 3/4/2011 Company Name Pluromed Mailing Address 25-H Olympia Avenue Woburn, MA 01801 Company Description Pluromed, Inc. is an early-stage medical technology company pioneering the use of injectable plugs to improve the safety, efficacy and economics of medical interventions. The Company develops, manufactures and markets a family of disposable medical devices … Continue reading “Pluromed Lands $343,248 New Funding”
Vurve Receives $4,500,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a3e87e28-239c-4851-b937-25556b9a6516&Preview=1 Date 3/4/2011 Company Name Vurve Mailing Address 280 Hope St. Mountain View, CA 94041 Company Description Vurve is a simple, affordable and effective service for small businesses owners who wish to increase their sales. Website http://www.vurve.com Transaction Type Venture Equity Transaction Amount $4,500,000 Transaction Round Series A Proceeds Purposes Proceeds purposes … Continue reading “Vurve Receives $4,500,000 Series A Financing”
Spruce Media Receives $302,444 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3a55721b-70c4-407c-9e9f-3020afd1e163&Preview=1 Date 8/21/2009 Company Name Spruce Media Mailing Address 500 Third Street San Francisco, CA 94107 Company Description The company provides performance advertising services for the Facebook platform. Website http://www.sprucemedia.com Transaction Type Venture Equity Transaction Amount $302,444 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms … Continue reading “Spruce Media Receives $302,444 New Financing”
ContextLogic Obtains $1,700,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7e49a8f2-73dd-450d-8e12-38c5fd871159&Preview=1 Date 3/4/2011 Company Name ContextLogic Mailing Address Undisclosed San Francisco, CA 94105 Company Description ContextLogic is a transparent Silicon Valley startup building a sophisticated content discovery and distribution platform based on state-of-the-art machine learning and natural language processing technology. Website http://www.contextlogic.com Transaction Type Venture Equity Transaction Amount $1,700,000 Transaction Round Undisclosed … Continue reading “ContextLogic Obtains $1,700,000 New Round”
Calibra Medical Obtains $1,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8d143170-e001-4c93-b7ab-7187b668a59a&Preview=1 Date 3/4/2011 Company Name Calibra Medical Mailing Address 220 Saginaw Drive Redwood City, CA 94063 Company Description Calibra Medical, Inc. develops medical devices and technologies in the diabetes sector. It offers insulin delivery devices. The company was formerly known as Seattle Medical Technologies, Inc. Website Undisclosed Transaction Type Debt Transaction Amount … Continue reading “Calibra Medical Obtains $1,000,000 New Round”
O2 MedTech Receives $1,535,307 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2655e9f6-168c-42fc-a261-b8a90d2eaf47&Preview=1 Date 3/4/2011 Company Name O2 MedTech Mailing Address 4984 El Camino Real Los Altos, CA 94022 Company Description O2 MedTech, Inc. is an early-stage medical device company located in Los Altos, California. Website http://www.o2medtech.com Transaction Type Debt Transaction Amount $1,535,307 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC … Continue reading “O2 MedTech Receives $1,535,307 New Funding”
Cyphort Obtains $1,199,999 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=44611dae-b4a9-401e-9973-c4b1910238a4&Preview=1 Date 3/4/2011 Company Name Cyphort Mailing Address 3595 Granada Ave. Santa Clara, CA 95051 Company Description Cyphort develops software and appliance based solutions to protect enterprises and governments against sophisticated and targeted cybercrime attacks, with Advanced and Persistent payloads. Website http://www.cyphort.com Transaction Type Venture Equity Transaction Amount $1,199,999 Transaction Round Undisclosed … Continue reading “Cyphort Obtains $1,199,999 New Round”
Glue Networks Obtains $4,500,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ea99b88c-14e1-4afc-8168-c706dda3ceab&Preview=1 Date 3/4/2011 Company Name Glue Networks Mailing Address 3801 Power Inn Rd. Sacramento, CA 95826 Company Description Glue Virtual Office is powered by GLUWARE, our patent-pending cloud-based automation intelligence that builds, maintains, monitors and manages your virtual office network Website http://www.gluenetworks.com Transaction Type Venture Equity Transaction Amount $4,500,000 Transaction Round Series … Continue reading “Glue Networks Obtains $4,500,000 Series A Financing”
CBS Acquires Clicker for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d2de7908-9ec9-40bc-bc8b-e78fa5d1360c&Preview=1 Date 3/4/2011 Company Name Clicker Mailing Address 6824 Melrose Ave Los Angeles, CA 90038 Company Description Clicker is the complete guide to Internet Television. Our mission is to make it simple for you to find the right show, right now. Website http://www.clicker.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds … Continue reading “CBS Acquires Clicker for Undisclosed Sum”
Alfalight Garners New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ecec3f31-a048-4662-8ba1-38619689715a&Preview=1 Date 3/4/2011 Company Name Alfalight Mailing Address 1832 Wright Street Madison, WI 53704 Company Description Alfalight, Inc. is a technology innovator and manufacturer of highly efficient and reliable high-power diode lasers for industrial, defense, and telecommunications markets worldwide. Website http://www.alfalight.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds … Continue reading “Alfalight Garners New Funding”
Teradata Combines Aster Data with its San Diego Labs in $263M Deal
Ohio-based Teradata (NYSE: [[ticker:TDC]]) says it’s buying Aster Data Systems of San Carlos, CA, in a $263 million deal that combines Aster Data’s breakthrough technology in a hot area of massively parallel processing architecture with its conventional relational database technology. Aster Data will remain in Silicon Valley, and will be folded into Teradata Labs, the … Continue reading “Teradata Combines Aster Data with its San Diego Labs in $263M Deal”
Bing Tries to Make Sense of Rapidly Crowding Daily Deals Space
The huge proliferation of daily deal sites has been begging for more curation and aggregation. And while Google is still working on its Offers service, Microsoft’s search underdog Bing is trying to get ahead by doing the sorting. Bing’s partnering with The Dealmap to bring together a searchable list of bargains that can also populate … Continue reading “Bing Tries to Make Sense of Rapidly Crowding Daily Deals Space”
Facebook Seattle: Past 30 Hires and Growing, Adding Heft to Chat Overhaul, Running Out of Mob-Lunch Restaurant Space
An obvious sign your small office is growing fast: It’s getting harder to find a table for an all-hands meal. As workplace annoyances go, that’s a good one to have—especially if you’re leading Facebook’s first engineering hub outside the mothership in Palo Alto, CA. Xconomy chatted with Seattle’s office lead, Ari Steinberg, Wednesday evening as … Continue reading “Facebook Seattle: Past 30 Hires and Growing, Adding Heft to Chat Overhaul, Running Out of Mob-Lunch Restaurant Space”
Ruckus Media Drums Up $3.5M
Ruckus Media Group, a Norwalk, CT-based developer of children’s story mobile apps, announced today that it has brought in $3.5 million in a Series A financing led by San Francisco-based Alsop Louie Partners, with backing from other private investors. Ruckus, which launched in September, now has 15 children’s book apps on the Apple iTunes marketplace, … Continue reading “Ruckus Media Drums Up $3.5M”
Verenium Returning to San Diego, Entra Health Systems Expands Use of Wireless Blood Sugar Test, Genomatica Raises $45M, & More San Diego Life Sciences News
The news was short and sweet out of San Diego’s life sciences sector over the past week, but it was still news you can use. My wrap-up is here. —I profiled Entra Health Systems, a San Diego-based mobile health technology startup founded in 2007. In the company’s first two years, co-founders Richard Strobridge, John Hendel, … Continue reading “Verenium Returning to San Diego, Entra Health Systems Expands Use of Wireless Blood Sugar Test, Genomatica Raises $45M, & More San Diego Life Sciences News”
Who Needs a CEO? Lycera Strikes Deal with Pharma Giant Merck
Lycera founder and chief scientific officer Gary Glick is feeling pretty good these days. And who can blame him? Just last fall, CEO Bill Sibold left the Plymouth, MI-based drug startup after less than a year on the job. That’s usually not a good sign. Six months later, Lycera still doesn’t have a CEO. But … Continue reading “Who Needs a CEO? Lycera Strikes Deal with Pharma Giant Merck”
Amylin, Lilly, Alkermes Diabetes Drug Doesn’t Match Rival in Head-to-Head Study
Three companies involved in the development of a once-weekly injection of the Type 2 diabetes drug exenatide reported today that the treatment did not provide superior efficacy over an existing treatment in a head-to-head study. Amylin Pharmaceuticals (NASDAQ:[[ticker:AMLN]]) of San Diego, Waltham, MA-based Alkermes (NASDAQ:[[ticker:ALKS]]), and Indianapolis drugmaker Eli Lilly (NYSE:[[ticker:LLY]]) said that the treatment, … Continue reading “Amylin, Lilly, Alkermes Diabetes Drug Doesn’t Match Rival in Head-to-Head Study”
RentJuice Gets Kahoots
San Francisco-based RentJuice, a provider of software enabling property managers and real estate brokers to manage rental listings, announced today that it bought Boston-based competitor Kahoots and is opening an office in the city. The customer data from Kahoots, a rental marketing technology startup founded in 2006, will be integrated into the RentJuice platform, which offers … Continue reading “RentJuice Gets Kahoots”
Thrutu Reinvents the Phone Call, Letting Smartphone Users Share Photos, Contacts, Location In-Call
When you think about it, the experience of talking on the phone hasn’t changed all that much since the world’s first telephone call in 1876 (Alexander Graham Bell’s famous “Mr. Watson, come here, I want you”). The underlying technology is completely different, of course, and today we can make calls from almost anywhere thanks to … Continue reading “Thrutu Reinvents the Phone Call, Letting Smartphone Users Share Photos, Contacts, Location In-Call”
Skyhook Scores Sony Deal
Boston-based Skyhook Wireless announced this week that its location-finding technology will be embedded in Sony Computer Entertainment’s forthcoming “NGP” handheld gaming system, which will roll out in late 2011. Financial terms of the agreement were not disclosed, but the news comes on the heels of some other recent customer wins for Skyhook, including Intel and … Continue reading “Skyhook Scores Sony Deal”
Report: Bain Capital Ventures Opening Bay Area Office
Boston-based Bain Capital Ventures is planning to open an office in Palo Alto, CA, according to a report in PE Hub. Managing director Ajay Agarwal and several associates will be relocating to Silicon Valley, and the firm plans to hire several senior executives in the area, the report says. BCV has not confirmed the news. … Continue reading “Report: Bain Capital Ventures Opening Bay Area Office”
Will the Bay Area Lose Its Edge as the Top Biotech Hub in 20 Years? We’ll Ask March 16
Will the San Francisco Bay Area still be the world’s most vibrant place for life sciences innovation 20 years from now? Will this region still have gravitational pull on bright young scientists who want to make their careers and build great companies? We are less than two weeks away from the big Xconomy event “Bay … Continue reading “Will the Bay Area Lose Its Edge as the Top Biotech Hub in 20 Years? We’ll Ask March 16”
InterMune Wins EU Approval
InterMune (NASDAQ: [[ticker:ITMN]]), the Brisbane, CA-based drug developer, said today that pirfenidone (Esbriet) has been cleared by regulators for sale in the 27 countries that make up the European Union. The drug will be marketed to treat mild to moderate idiopathic pulmonary fibrosis. InterMune says it plans to start commercializing the drug in September in … Continue reading “InterMune Wins EU Approval”
After Assimilating Symyx, San Diego’s Accelrys Sets Ambitious Course for Scientific Software
Eight months after San Diego’s Accelrys (NASDAQ: [[ticker:ACCL]]) completed its merger with Santa Clara, CA-based Symyx Technologies, the scientific software developer is today lifting the curtain on a new strategy based on the company’s broader and deeper resources. The merger, valued last year at about $175 million, combined Accelrys’ flagship software for simulating and modeling … Continue reading “After Assimilating Symyx, San Diego’s Accelrys Sets Ambitious Course for Scientific Software”
With Sanofi Buyout of Genzyme, Rare Disease Execs Upbeat About Interest in Their Niche
Speculation raged for months about the potential impacts of a Sanofi-Aventis (NYSE: [[ticker:SNY]]) takeover of Genzyme (NASDAQ: [[ticker:GENZ]]). Yet now that the French drug giant and Cambridge, MA-based biotech company have agreed to terms of a $20.1 billion buyout, local players in the market for rare disease drugs are contemplating what Sanofi’s huge move into … Continue reading “With Sanofi Buyout of Genzyme, Rare Disease Execs Upbeat About Interest in Their Niche”
Dendreon Moves Across Town, SeaGen Files FDA App, Alder Takes Road Less Traveled, & More Seattle Life Sciences News
The big boys of Seattle biotech made some news this week, but the town was humming with activity from little companies you haven’t heard of, who appeared at Life Science Innovation Northwest. More on that later. —Seattle-based Dendreon (NASDAQ: [[ticker:DNDN]]) confirmed this week that it has signed leases on a new headquarters at the Russell … Continue reading “Dendreon Moves Across Town, SeaGen Files FDA App, Alder Takes Road Less Traveled, & More Seattle Life Sciences News”
You Snooze, You Lose: 10 Boring Boston-Area Tech Companies That Are Actually Interesting
A friend recently complained that my tweets are often along the lines of, “Boring company raises X million dollars.” And this is a guy who works in the tech startup community. But, au contraire mon frère, they are only boring if you don’t know the stories behind the companies and their deals. The tales of … Continue reading “You Snooze, You Lose: 10 Boring Boston-Area Tech Companies That Are Actually Interesting”
Does an Innovation Ecosystem Need an “MIT” or Will Evita Perons Do?: A Romanian Tale
In my role at the head of the MIT Entrepreneurship Center, I have the great opportunity, at times, to travel the world and learn about entrepreneurship on a global scale, and to gain knowledge and perspective to help us be more effective in our mission at home. This past week was such an experience. There … Continue reading “Does an Innovation Ecosystem Need an “MIT” or Will Evita Perons Do?: A Romanian Tale”
Rapid7 Secures $150,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=91aba3e9-dac9-4d4b-bf2c-0bb3f08a6d07&Preview=1 Date 3/3/2011 Company Name Rapid7 Mailing Address 545 Boylston Street Boston, ME 02116 Company Description Rapid7 is the leading provider of NeXpose Unified Vulnerability Management (UVM) Solutions. Website http://www.rapid7.com Transaction Type Venture Equity Transaction Amount $150,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms … Continue reading “Rapid7 Secures $150,000 New Funding”
MyBuys Secures $20,174,772 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dffd6e83-c213-4a36-8fe7-dc72418ff246&Preview=1 Date 3/3/2011 Company Name MyBuys Mailing Address One Lagoon Drive Redwood City, CA 94065 Company Description Provides web-based enterprise software applications. Website http://www.mybuys.com Transaction Type Debt, Venture Equity Transaction Amount $20,174,772 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. Includes principal and interest on promissory notes issued May 28, … Continue reading “MyBuys Secures $20,174,772 New Financing”
Amprius Lands $25,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2611ca14-0755-4e56-ae94-e5a20810f0c3&Preview=1 Date 3/3/2011 Company Name Amprius Mailing Address 1430 O’Brien Dr. Menlo Park, CA 94025 Company Description Amprius was founded by Professor Yi Cui from Stanford University in May 2008 with the mission to develop and commercialize advanced materials and nanotechnology for improved energy storage. Website http://www.amprius.com Transaction Type Venture Equity Transaction … Continue reading “Amprius Lands $25,000,000 New Funding Round”
Teradata Acquires Aster Data for $263,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cc98c9ee-511c-437e-8921-f8ad68ddecf4&Preview=1 Date 3/3/2011 Company Name Aster Data Mailing Address 959 Skyway Road San Carlos, CA 94070 Company Description Aster transforms off-the-shelf, commodity hardware into a powerful, self-managing, and scalable analytic database capable of handling the most demanding data warehousing environments. Website http://www.asterdata.com/ Transaction Type M&A Transaction Amount $263,000,000 Transaction Round Proceeds Purposes … Continue reading “Teradata Acquires Aster Data for $263,000,000”
Ruckus Media Group Receives $3,500,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0fa19dd2-19a2-4b3b-aae0-2298f271b83d&Preview=1 Date 3/3/2011 Company Name Ruckus Media Group Mailing Address 488 Main Ave. Norwalk, CT 06851 Company Description Ruckus Mobile Media, an independent mobile family entertainment company, introduces traditional storytelling for today’s ways of telling stories by creating applications for mobile devices that entertain toddlers to teens from their fingers to their … Continue reading “Ruckus Media Group Receives $3,500,000 Series A Funding”
Moblyng Secures New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d122218-6591-47ff-aabe-64b6f324e590&Preview=1 Date 3/3/2011 Company Name Moblyng Mailing Address PO Box 610088 Redwood City, CA 94061 Company Description Moblyng Games is an innovative social gaming company that builds entertainment experiences spanning multiple platforms. Moblyng Games’ proprietary software allows it to create and launch full-featured interactive entertainment titles on various platforms almost simultaneously. Website … Continue reading “Moblyng Secures New Financing”
Reval Obtains $23,022,153 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d7a3da0b-6f0b-42fb-b262-249fde124fda&Preview=1 Date 3/3/2011 Company Name Reval Mailing Address 100 Broadway 22nd Floor New York, NY 10005 Company Description Reval provides web-based treasury and risk management solutions and services to corporations and financial institutions. Reval blends finance, technology, software, and operations expertise to deliver effective and rapidly deployable solutions that bring immediate return … Continue reading “Reval Obtains $23,022,153 New Funding Round”
MOD Systems co-founder Convicted of Fraud, Money Laundering in Federal Court
A co-founder and former chief executive of MOD Systems was convicted of federal fraud and money laundering charges today in federal court. The U.S. attorney’s office says Mark E. Phillips, 36, of Seattle, could get up to 20 years in prison when he’s sentenced in late May. Federal prosecutors say Phillips transferred $1.5 million from … Continue reading “MOD Systems co-founder Convicted of Fraud, Money Laundering in Federal Court”
Dealometry, a Men’s Daily Bargain Site with TechStars Roots, Unveils its First Deal
TechStars mentor Bob Crimmins is rolling out a new startup with heavy accelerator roots: Dealometry, a daily-deals site for men. Dealometry’s technology comes from Deal Co-op, a TechStars Seattle grad that says its main motivation in relocating from Birmingham, AL to Seattle was the mentoring opportunity. Dealometry’s first offer is a discount at ManPacks, an … Continue reading “Dealometry, a Men’s Daily Bargain Site with TechStars Roots, Unveils its First Deal”
Qwiki Relocates to SF
Qwiki, the Silicon Valley startup whose algorithsm assemble Web media into mini-documentaries on millions of subjects, has abandoned its original home—“a garage behind a rug shop in Palo Alto,” in the company’s words—for new 6,000-square-foot digs at 470 Bryant Street in San Francisco’s SoMa district. In a statement today, CEO and co-founder Doug Imbruce called … Continue reading “Qwiki Relocates to SF”
EDSA Rebrands Itself ‘Power Analytics’
San Diego-based EDSA, which specializes in software analytics for complex electrical power systems, is changing its name to Power Analytics Corp. In a statement from the company, chairman and CEO Mark Acolese says, “the name Power Analytics reflects the enormous technological revolution that has occurred with the advent of our Paladin Live and Paladin SmartGrid … Continue reading “EDSA Rebrands Itself ‘Power Analytics’”
Addressing America’s Energy Challenges
Steven Koonin, the undersecretary for science at the U.S. Department of Energy, will be in Seattle April 4 for a reception to discuss the technological, economic, and policy levers we have to catalyze transformation in the energy system. The event is being organized by the Institute for Systems Biology, and opening remarks will be offered … Continue reading “Addressing America’s Energy Challenges”
Experience Helped San Diego’s EHS Get First FDA-Approved Wireless Blood Glucose Meter
“I describe Entra Health Systems mainly as a medical device company,” CEO Richard Strobridge said when we met recently at his company’s San Diego headquarters. “We’re under the jurisdiction of the FDA, and we have to have all kinds of certifications and qualifications [as a medical device company.] But a lot of our expertise, and … Continue reading “Experience Helped San Diego’s EHS Get First FDA-Approved Wireless Blood Glucose Meter”
Alder Steers Next Antibodies To Unusual Places: Treating Migraines and High Cholesterol
Alder Biopharmaceuticals prides itself on challenging conventional wisdom. But while Alder has proved the skeptics wrong, showing it can make targeted antibody therapies in a new way with cheap and fast-dividing yeast cells, it has used this technology in a pretty conventional way—to make weapons against cancer and autoimmunity. Now Alder is stepping out with … Continue reading “Alder Steers Next Antibodies To Unusual Places: Treating Migraines and High Cholesterol”