—Cambridge, MA-based Quanterix partnered up with Novartis Diagnostics, the unit of healthcare giant Novartis that tests the safety of 80 percent of the U.S. blood supply. Novartis will run tests to see how effective Quanterix’s device is at pinpointing a protein biomarker in the blood that is linked to an undisclosed neurological disorder. Terms of … Continue reading “Quanterix Partners With Novartis, Athenahealth and Microsoft Sync Up, Vertex Nails Clinical Trial, & More Boston-Area Life Sciences News”
Aircuity Garners $3,499,988 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1849a8b4-b5c4-421c-9b90-13d0e89dad17&Preview=1 Date 2/25/2011 Company Name Aircuity Mailing Address 39 Chapel Street Newton, MA 02458 Company Description Aircuity is the leading manufacturer of integrated sensing and control solutions that cost-effectively reduce building energy and operating expenses while simultaneously improving its indoor environmental quality. Website http://www.aircuity.com Transaction Type Venture Equity Transaction Amount $3,499,988 Transaction … Continue reading “Aircuity Garners $3,499,988 New Financing Round”
CardioFocus Lands $13,639,082 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f79b9030-f6fc-458b-8048-14f67eda0092&Preview=1 Date 2/25/2011 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 Lands $13,639,082 New Financing Round”
CupidsPlay Garners New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fec3964a-02c5-4c2f-813f-6d9f55263ca3&Preview=1 Date 2/25/2011 Company Name CupidsPlay Mailing Address Undisclosed Bellevue, WA 98004 Company Description The company operates an online dating website that leverages social games. Website http://www.cupidsplay.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes from the funding were not disclosed. M&A Terms Venture Investor Clearstone … Continue reading “CupidsPlay Garners New Financing”
Doyenz Garners $2,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d35327ec-7866-45a8-9066-9ddb9f4a5a42&Preview=1 Date 2/25/2011 Company Name Doyenz Mailing Address 11245 SE. 6th St. Bellevue, WA 98004 Company Description Doyenz is the first to deliver Automated Virtual IT Out-of-the-box, a ground-breaking end-to-end virtual appliance lifecycle management solution, for the SMB market. Automated Virtual IT empowers VARs and IT consultants to deliver high quality and … Continue reading “Doyenz Garners $2,000,000 New Funding Round”
Future Simple Obtains $1,100,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4c15ff44-791c-4796-bcfd-5560f50eb16b&Preview=1 Date 2/25/2011 Company Name Future Simple Mailing Address 5807 Woodlawn Chicago, IL 60637 Company Description The company develops software that helps small businesses grow their business. Website http://www.futuresimple.com Transaction Type Venture Equity Transaction Amount $1,100,000 Transaction Round Undisclosed Proceeds Purposes The investment will be used to add to the management team … Continue reading “Future Simple Obtains $1,100,000 New Round”
Vontoo Receives $192,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4edf4b72-5790-46c7-b6f8-81e45442d25c&Preview=1 Date 2/25/2011 Company Name Vontoo Mailing Address 8606 Allisonville Road Indianapolis, IN 46250 Company Description Vontoo brings the emotion, enthusiasm, and energy of the human voice to one-to-one marketing communication. The world’s first permission-based, on-demand voice messaging system, Vontoo enables organizations to create, send and track voice messages specifically tailored to … Continue reading “Vontoo Receives $192,000 New Funding Round”
TinyCo Receives $18,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4fb03fbc-65c8-408f-bb3c-077049eec202&Preview=1 Date 2/25/2011 Company Name TinyCo Mailing Address Undisclosed San Francisco, CA 94105 Company Description The company designs casual games that can be played on mobile devices. Website http://www.tinyco.com Transaction Type Venture Equity Transaction Amount $18,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Andreessen Horowitz … Continue reading “TinyCo Receives $18,000,000 New Financing Round”
Actionrun Garners $1,510,005 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1f8652c3-fe3f-4004-a309-0b337d28631b&Preview=1 Date 2/25/2011 Company Name Actionrun Mailing Address 655 W. Evelyn Ave. Mountain View, CA 94041 Company Description The company provides software to dental offices to help them market their services better. Website http://www.actionrun.com Transaction Type Venture Equity Transaction Amount $1,510,005 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC … Continue reading “Actionrun Garners $1,510,005 New Financing”
MyCityWay Secures $5,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=daaf1794-e9bc-4c38-86e3-7e2da77ef982&Preview=1 Date 2/25/2011 Company Name MyCityWay Mailing Address 95 Morton St. New York, NY 10014 Company Description MyCityWay is a real-time, user-driven, location-aware urban reference app for mobile devices. Website http://www.mycityway.com Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor … Continue reading “MyCityWay Secures $5,000,000 New Financing”
Tremor Media Lands $3,615,185 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=424130e8-bb5c-4c6c-a33b-ee4c03ba6813&Preview=1 Date 2/25/2011 Company Name Tremor Media Mailing Address 122 West 26th Street 8th Floor New York, NY 10001 Company Description Tremor Network provides advertisers with in-banner and in-stream video advertising opportunities on hundreds of top-tier publisher sites with millions of unique visitors per month. Website http://www.tremormedia.com Transaction Type Venture Equity Transaction … Continue reading “Tremor Media Lands $3,615,185 New Financing”
DocuSign, Isilon, Swype and More Take Honors at WTIA Industry Achievement Awards
Hundreds of techies braved Seattle’s latest snowpocalypse for one of the community’s biggest shindigs: The Washington Technology Industry Association‘s Industry Achievement Awards. If there was a theme to Thursday’s speeches, I’d say it was a rousing round of yay-Seattle encouragement for other entrepreneurs to start their companies here—which I guess is kind of the point, … Continue reading “DocuSign, Isilon, Swype and More Take Honors at WTIA Industry Achievement Awards”
Sound, UCLA Find Hearing Loss Target
Seattle-based Sound Pharmaceuticals said today that its scientists, along with collaborators at UCLA, have found a new molecular target of interest for the treatment of hearing loss. The target, p27Kip1, was described this week in a presentation at the Association for Research in Otolaryngology. Sound Pharmaceuticals said it is seeking to build on this research … Continue reading “Sound, UCLA Find Hearing Loss Target”
Lycera Plows Ahead With Drugs To Treat Autoimmune Disorders
Lycera has taken a significant step forward in commercializing an oral drug to treat autoimmune disorders. The Plymouth, MI-based pharmaceutical startup, a spinoff from the University of Michigan, recently released results from a study that suggested its compound can selectively silence diseased white blood cells while leaving healthy ones intact. The results were published in … Continue reading “Lycera Plows Ahead With Drugs To Treat Autoimmune Disorders”
Pearl Hires New CEO
Pearl Therapeutics, the Redwood City, CA-based developer of treatments for lung diseases, has named Charles (Chuck) Bramlage as its new CEO. Bramlage was most recently the president of pharmaceutical products for Covidien (NYSE: [[ticker:COV]]). Pearl, which raised $69 million in venture capital in October, was previously led by Howard Rosen. I wrote a feature in … Continue reading “Pearl Hires New CEO”
Genentech Gets FDA Hearing
South San Francisco-based Genentech, the U.S. unit of Switzerland-based drug giant Roche, said today it has been granted a hearing in which it will get a chance to appeal the FDA’s decision to revoke the market approval of bevacizumab (Avastin) for women with breast cancer. The company will be able to make its case June … Continue reading “Genentech Gets FDA Hearing”
Xconomy Forum: Michigan 2031
What will the Michigan innovation, life sciences, clean energy, transportation, and information technology landscape look like 20 years from now? Will the area have emerged as an even bigger player in university and corporate research, or a major factor at all in areas like venture financing and entrepreneurial activity-and, if so, in what fields? We’re … Continue reading “Xconomy Forum: Michigan 2031”
Obama’s Earmark Ban Could Ripple Through Northwest Makers of Vaccines, Biofuels, Clean Water Technology
When most people hear the word “earmark,” they probably think of a bridge to nowhere, gilded Pentagon plumbing fixtures, or a dubious construction project in some fat-cat congressman’s hometown. But federal earmarks can also fuel innovative research and development in life sciences, high tech, and clean energy—at least, they could until President Obama vowed to … Continue reading “Obama’s Earmark Ban Could Ripple Through Northwest Makers of Vaccines, Biofuels, Clean Water Technology”
UW Environmental Innovation Challenge
The University of Washington’s Foster School of Business is hosting its annual Environmental Innovation Challenge on March 31. In the UW Challenge, interdisciplinary student teams define a clean-tech problem, design and develop the solution, and produce both a prototype (proof of concept/computer simulation) and business summary that demonstrates the market opportunity. Teams are judged-by Seattle-area … Continue reading “UW Environmental Innovation Challenge”
Gearing Up for Mobile Madness on March 9: Top Themes to Watch
Mobile is becoming redundant: in technology, everything is mobile. It’s not just location-based services, or devices, or advertising—it’s networks, consumer Web apps, business software, social commerce, human-computer interfaces, you name it. Every company and every tech entrepreneur is touched by this revolution. That’s part of why the future of mobile is so exciting—and so very … Continue reading “Gearing Up for Mobile Madness on March 9: Top Themes to Watch”
‘No Woman, No Cry’ Screening With Christy Turlington Burns
The Seattle premiere of “No Woman, No Cry,” a documentary film directed by Christy Turlington Burns, is being organized by the World Affairs Council and the Washington Global Health Alliance on March 16. In the film, Turlington Burns, the fashion model and founder of Every Mother Counts, shares the stories of at-risk pregnant women in … Continue reading “‘No Woman, No Cry’ Screening With Christy Turlington Burns”
Room 77 Helps Travelers Pick the Best Hotel Rooms—And Get Virtual Peek Out the Windows
Why can people planning trips online “see every cabin on a cruise ship and every seat on a plane, but not every room in a hotel?” That was the rhetorical question posed to me yesterday by Kevin Fliess, an Internet travel industry veteran. The basic answer, of course, is that hotel chains use antiquated reservations … Continue reading “Room 77 Helps Travelers Pick the Best Hotel Rooms—And Get Virtual Peek Out the Windows”
U-M awards cash to student startups
The University of Michigan’s Samuel Zell and Robert H. Lurie Institute of Entrepreneurial Studies awarded over $100,000 to student startups yesterday as part of its Michigan Business Challenge competition. One of the award recipients, MEMStim, is hoping to improve the field of neurostimulation by making MEMS electrode leads for medical device companies.
Avalon’s Kinsella Upbraids Big Pharma, Scripps Names Marletta to Succeed Lerner, CalciMedica Scores $6M, & More San Diego Life Science News
We had some big names and big news out of San Diego’s life sciences community over the past week. Our roundup is here. —Avalon Ventures founder Kevin Kinsella unleashed a scathing critique of some shortsighted and mercenary business tactics he says he’s encountered in dealing with pharmaceutical companies, which have him questioning the longtime partnership … Continue reading “Avalon’s Kinsella Upbraids Big Pharma, Scripps Names Marletta to Succeed Lerner, CalciMedica Scores $6M, & More San Diego Life Science News”
Get Set for Michigan 2031: Xconomy’s First Detroit Event to Examine State’s Innovation Landscape 20 Years Ahead
Michigan may be many things, but lazy isn’t one of them. A prominent investor told me the other week that the state boasts an incredible work ethic, one that rivals the frenetic pace of Silicon Valley. Given the automobile industry’s long decline, the state has made several bets on its economic future: clean energy and … Continue reading “Get Set for Michigan 2031: Xconomy’s First Detroit Event to Examine State’s Innovation Landscape 20 Years Ahead”
Investors Bet Big on Box.net with $48M Round
Box.net may just have shattered the notion that you can build a successful Web 2.0 company without much capital. Aiming to redouble its already startling growth rate, the Palo Alto, CA-based online document sharing startup said today that it has collected a whopping $38 million in Series D funding from six top Silicon Valley venture … Continue reading “Investors Bet Big on Box.net with $48M Round”
Thermo Fisher Selling Units for $940M
Waltham, MA-based Thermo Fisher Scientific (NYSE:[[ticker:TMO]]) says it has inked deals to sell its Athena Diagnostics and Lancaster Laboratories businesses for a total of $940 million in cash to boost shareholder value. Details about Thermo Fisher’s plans to sell the businesses were leaked to the press last month. Madison, NJ-based lab testing giant Quest Diagnostics … Continue reading “Thermo Fisher Selling Units for $940M”
Open Mile Scores $6M
Open Mile, an online shipping startup based in Boston and Chicago, announced today it has raised $6 million in Series B financing led by Globespan Capital Partners. Existing investor Charles River Ventures also participated in the round. Open Mile, led by Evan Schumacher (the former CEO of Going.com), uses Web and mobile technologies to match … Continue reading “Open Mile Scores $6M”
Metamark, Stealthy Startup with Dana-Farber Roots, Seeks to Tell Docs When to Treat Prostate Cancer, and When Not
Metamark Genetics has graduated from stealth mode. Now the Cambridge, MA-based startup, founded by top scientists at Harvard University and elsewhere, has hired a diagnostics industry veteran as its chief executive, and set a public goal for releasing a product that could change the way physicians decide how to treat prostate cancer in its early … Continue reading “Metamark, Stealthy Startup with Dana-Farber Roots, Seeks to Tell Docs When to Treat Prostate Cancer, and When Not”
Gilead Wagers $600M on Calistoga, Dendreon Scopes New Digs, Physio to Spin Off, & More Seattle-Area Life Sciences News
This week’s news flow was dominated by a pretty rare event—a lucrative acquisition of a Seattle-based, venture-backed biotech company. —Calistoga Pharmaceuticals hit the jackpot this week, as it agreed to be acquired by Foster City, CA-based Gilead Sciences (NASDAQ: [[ticker:GILD]]) for as much as $600 million if certain milestones are reached. The deal is interesting … Continue reading “Gilead Wagers $600M on Calistoga, Dendreon Scopes New Digs, Physio to Spin Off, & More Seattle-Area Life Sciences News”
The Changing Face of Boston VC: A Chat With NextView Ventures’ David Beisel
I have glimpsed the future of Boston venture capital—one possible future, anyway—and it looks a bit like David Beisel. He’s kind of an unassuming guy, but those are the ones you have to watch because they can make big things happen. Traditional VCs might scoff at the notion that so-called micro-VCs or “super angels”—earlier-stage, smaller … Continue reading “The Changing Face of Boston VC: A Chat With NextView Ventures’ David Beisel”
Collective Media Acquires Oggifinogi for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9be83559-2446-432a-b19a-48d17283a182&Preview=1 Date 2/24/2011 Company Name Oggifinogi Mailing Address 13256 NE 20th Street Bellevue, WA 98005 Company Description OggiFinogi delivers an incredibly interactive, highly engaging ad experience better and faster than any other company. OggiFinogi has re-defined rich media as we know it. This next generation technology delivers higher responses, customer interaction and … Continue reading “Collective Media Acquires Oggifinogi for Undisclosed Sum”
Biomatrica Secures New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2124678e-3f7f-43ee-9f0c-56e7fac9b0c6&Preview=1 Date 2/24/2011 Company Name Biomatrica Mailing Address 5627 Oberlin Dr. San Diego, CA 92121 Company Description Biomatrica is a San Diego-based biostability company that provides innovative technologies for stabilizing, processing, storing and shipping biological samples at room temperature. Website http://www.biomatrica.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds … Continue reading “Biomatrica Secures New Funding”
GOGII Garners $15,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3bf67440-1b21-4e85-98f3-78a3adff3d67&Preview=1 Date 2/24/2011 Company Name GOGII Mailing Address 13160 Mindanao Way Marina del Rey, CA 90292 Company Description GOGII is taking text messaging to the next level. Let us explain. We all know how to send a text. Easy. Been there. Love that. But sometimes you want to interact with more than … Continue reading “GOGII Garners $15,000,000 Series C Financing”
Media Chaperone Receives $1,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a7132d80-3d4d-48df-986f-4825d9755a92&Preview=1 Date 2/24/2011 Company Name Media Chaperone Mailing Address 722 W. Buckingham Pl. Chicago, IL 60657 Company Description The company develops parent-friendly applications to manage their children’s Internet use. Website http://www.mediachaperone.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor … Continue reading “Media Chaperone Receives $1,000,000 New Funding”
Open Mile Lands $6,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e572a38c-c3c5-44df-a301-876cc2fec54f&Preview=1 Date 2/24/2011 Company Name Open Mile Mailing Address 325 W. Huron St. Chicago, IL 60654 Company Description Our business utilizes the best aspects of web and mobile technology to empower shippers and carriers to interact, collect market intelligence and match demand with capacity all in real-time. Website http://www.openmile.com Transaction Type Venture … Continue reading “Open Mile Lands $6,000,000 Series B Funding Round”
MBA Polymers Secures $14,600,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1cbeef26-b90a-42fd-bc5d-cb4b70026088&Preview=1 Date 2/24/2011 Company Name MBA Polymers Mailing Address 500 West Ohio Avenue Richmond, CA 94804 Company Description Welcome to the web site of MBA Polymers, a recognized leader at recycling engineering plastics from complex waste streams and end-of-life durable goods such as appliances, computer and business equipment, automobiles, and even sporting … Continue reading “MBA Polymers Secures $14,600,000 New Round”
Box.net Obtains $48,000,000 Series D Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b55659c3-8340-4a25-b745-e4a60ab7e014&Preview=1 Date 2/24/2011 Company Name Box.net Mailing Address 220 Portage Ave. Palo Alto, CA 94306 Company Description Launched officially in March of 2006, Box.net currently provides secure online file storage and sharing functionality to over 500,000 registered users, serving files to millions of people across the world. Box.net’s unique platform allows personal … Continue reading “Box.net Obtains $48,000,000 Series D Financing”
Fundly Secures $2,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=28ba8694-37eb-48ef-9a72-061393781f7d&Preview=1 Date 2/24/2011 Company Name Fundly Mailing Address 2390 El Camino Real Palo Alto, CA 94306 Company Description The company operates a website and service that allows users to raise funds for their causes. Website http://www.fundly.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not … Continue reading “Fundly Secures $2,000,000 New Financing Round”
MediaTrust Lands $3,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8588bb3f-178b-4ad3-a169-1f5a0d5d1791&Preview=1 Date 2/24/2011 Company Name MediaTrust Mailing Address 404 Park Avenue South 2nd Floor New York, NY 10016 Company Description At MediaTrust, we believe that performance marketing should be easy. That’s why we created the most efficient way to manage your online performance marketing campaigns. Website http://www.mediatrust.com Transaction Type Venture Equity Transaction … Continue reading “MediaTrust Lands $3,000,000 New Funding”
Operative Obtains $10,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f058c3f9-92ae-4a27-a398-9e716524b506&Preview=1 Date 2/24/2011 Company Name Operative Mailing Address 40 West 25th Street 10th Floor New York, NY 10010 Company Description Operative enables interactive publishers and agencies to meet the demands of an increasingly dynamic Internet marketplace and to improve their bottom lines by providing expert management of ad operations through their industry-leading … Continue reading “Operative Obtains $10,000,000 New Funding Round”
Alliance of Angels Says 2010 Investments a Record $10.3M
Seattle’s Alliance of Angels said its investments hit a record $10.3 million last year, with $9 million of the total coming from individual members and the balance pouring from the group’s seed fund. That’s up from a reported $9.1 million in 2009. The biggest single chunk of the money went to software and software-as-a-service companies, … Continue reading “Alliance of Angels Says 2010 Investments a Record $10.3M”
New CEO for Crimson Hexagon
Cambridge, MA-based Crimson Hexagon, a social media analytics startup, announced today that it has hired Patricia Gottesman as its president and chief executive officer. She joined the company as a member of the board in December, and replaces previous Crimson Hexagon CEO Scott Centurino, who started the position last April. Gottesman previously held marketing, operations, … Continue reading “New CEO for Crimson Hexagon”
Tippr Gets Injunction for Alleged Trade Secret Theft by BuyWithMe, Also Launches Patent Lawsuit
Kashless, the parent of Seattle-based group deals site Tippr, is accusing New York- and Boston-based BuyWithMe of improperly obtaining insider information from a Tippr employee in a civil lawsuit filed in Seattle. Kashless’s lawsuit, filed in King County Superior Court, alleges that BuyWithMe founder Andrew Moss successfully solicited financial information from a Tippr salesman, Andrew … Continue reading “Tippr Gets Injunction for Alleged Trade Secret Theft by BuyWithMe, Also Launches Patent Lawsuit”
Mobile World Congress 2011 Wrap-up: Competition Intensifies for Operators
Last week I attended Mobile World Congress in Barcelona, Spain, along with 60,000 other attendees—a new record according to the GSM Association. While mobile is obviously hot, the consensus was that there was a dearth of big, industry-moving announcements, partly because of all the news at the Consumer Electronics Show (CES) in January, but also … Continue reading “Mobile World Congress 2011 Wrap-up: Competition Intensifies for Operators”
USPTO launches hiring hotline
The United States Patent and Trademark Office says applicants interested in the 100 job openings at its new regional office in Detroit can e-mail [email protected] for more information. The office will officially open this year.
Help Wanted in Michigan: Immigrants Need Apply
Following a speech last week, six students approached Thomas Zurbuchen, associate dean of entrepreneurial programs at the University of Michigan, to ask him a few follow up questions Of that six, four were foreign nationals, a ratio that is typical of entrepreneurship related classes, he says. But Zurbuchen, an American citizen originally from Switzerland, these … Continue reading “Help Wanted in Michigan: Immigrants Need Apply”
Google Ventures Leads $20M Round for Transphorm to Battle “Hidden Tax” in Power Conversion
There’s a hidden tax when you pay your electricity bill, says Umesh Mishra, a professor in the college of engineering at the University of California, Santa Barbara. It’s the energy lost when power is converted from the alternating current coming out of a wall socket to the direct current needed by computers, TVs, and other … Continue reading “Google Ventures Leads $20M Round for Transphorm to Battle “Hidden Tax” in Power Conversion”
U-M Research to Receive More IP Cash
Thanks to a recent decision by University of Michigan officials, services that support entrepreneurs and researchers will reap more benefits from U-M owned intellectual property. The Office of the Vice President Research will receive about $2 million in IP revenue. Last year, the school generated about $40 million in royalties.
Xconomy’s VC65: Celebrating the 65th Anniversary of Venture Capital in America
Venture Capital in America: 65 Years of Funding Entrepreneurs and Innovation The venture capital industry in the United States was born as a professional activity in June of 1946 with the formation of American Research and Development in Boston by Harvard Business School professor General Georges Doriot. Since then, the industry has funded innovation and … Continue reading “Xconomy’s VC65: Celebrating the 65th Anniversary of Venture Capital in America”