Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cbd0a700-9188-4efc-9362-aa508a99eea1&Preview=1 Date 2/22/2011 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 Secures $750,000 New Financing”
WhiteGlove Health Garners $12,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d4c7843-e1ef-4fd6-9cba-144f9f527058&Preview=1 Date 2/22/2011 Company Name WhiteGlove Health Mailing Address 1601 S. Mopac Expwy Austin, TX 78746 Company Description WhiteGlove Health, a leader in service-driven healthcare, is focused on changing healthcare on a national level by lowering the cost while improving the consumers’ healthcare experience. As a medical care provider, we offer self-insured … Continue reading “WhiteGlove Health Garners $12,500,000 New Financing”
InView Technology Lands New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=79972a7c-b827-461e-9b25-73a264e2b41a&Preview=1 Date 2/22/2011 Company Name InView Technology Mailing Address 8900 Shoal Creek Blvd Austin, TX 78757 Company Description InView is a manufacturer of high-performance cameras with infrared, ultraviolet and THz capabilities. Website http://www.inviewcorp.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes The company announced a development agreement with … Continue reading “InView Technology Lands New Financing”
CommNexus Industry Leaders Series Presents Barry Sandrew of Legend 3D
Sandrew is internationally recognized as a digital imaging expert with more than 14 VFX patents and 23 years of feature film and TV accomplishments. Sandrew invented the first all-digital process for colorization in 1986 and the reinvented process in 2001 at Legend3. In 2005, Sandrew advanced this technology to develop an innovative approach to adapt … Continue reading “CommNexus Industry Leaders Series Presents Barry Sandrew of Legend 3D”
Recruit at UCSD’s Rady School of Management
The Recruit@Rady Career & Internship Fair provides an opportunity to meet and talk with graduating MBAs, and to explain your company and your hiring needs. The $200 fee includes parking, light dinner, and MBA resume books. More information available here, and online registration is here.
Scripps Names UC Berkeley Chemist Marletta as New President
The Scripps Research Institute, one of San Diego’s leading nonprofit research institutions, has officially named UC Berkeley chemistry researcher Michael Marletta as its new incoming president. Marletta, 60, will join the Scripps faculty on July 1, and formally take over from Richard Lerner as president on Jan. 1, 2012, Scripps said yesterday in a statement. … Continue reading “Scripps Names UC Berkeley Chemist Marletta as New President”
Get Out Of Cambridge Lands $560,231 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=de3a0c90-cfbf-4e81-9e31-58398934629d&Preview=1 Date 2/21/2011 Company Name Get Out Of Cambridge Mailing Address 67 Mount Auburn St. Fourth Floor Cambridge, MA 02138 Company Description The company operates a an online social oriented travel site. Website http://www.gtrot.com Transaction Type Venture Equity Transaction Amount $560,231 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC … Continue reading “Get Out Of Cambridge Lands $560,231 New Financing”
Washington’s Innovation Corridor a Key to Recovery
It’s hard to believe that the biggest recession in U.S. history officially ended almost two years ago. For many regions the road to recovery has been rocky at best. Washington State is no exception. According to the Bureau of Labor and Statistics, our state’s unemployment has hovered around nine percent for the past six months. … Continue reading “Washington’s Innovation Corridor a Key to Recovery”
Dendreon Scopes Out Downtown Seattle Headquarters
Dendreon could soon be headed from Belltown to downtown. The Seattle-based biotech company (NASDAQ: [[ticker:DNDN]]), currently based in an aging lab building at 3005 First Avenue near Denny Way, appears to on its way into the 42-story Russell Investments Center, according to a Seattle Times story by commercial real estate reporter Eric Pryne. An architecture … Continue reading “Dendreon Scopes Out Downtown Seattle Headquarters”
Seven Questions That Will Decide Mobile’s Future—Part One
I always smile to think that we launched Xconomy on June 27, 2007, just two days before the original iPhone hit Apple stores in the U.S. That was a transformative moment in consumer information technology—as important as the launch of the Macintosh in 1984, Windows 3.0 in 1990, or Netscape in 1995. Thanks to Apple, … Continue reading “Seven Questions That Will Decide Mobile’s Future—Part One”
Pixability Picks Up $1M from Angels
Cambridge, MA-based Pixability, a video marketing startup, has raised a little over $1 million in angel financing, according to founder and CEO Bettina Hein. The round was led by Launchpad Venture Group, with participation from members of several other New England angel groups including Beacon Angels, Boston Harbor Angels, Maine Angels, North Country Angels, and … Continue reading “Pixability Picks Up $1M from Angels”
“Your Move, Creep.” Detroit Should Embrace Its Inner RoboCop
When I first saw RoboCop in 1987, I nearly puked. In other words, the movie was AWESOME. Such logic should be expected from a nine-year-old boy witnessing his first R-rated movie, an ultra-violent spectacle that spewed blood and bodies across the crime ridden streets of Detroit. (My older sister, who accompanied me, was just plain … Continue reading ““Your Move, Creep.” Detroit Should Embrace Its Inner RoboCop”
Alkermes Sees Chance to Reinvent Vivitrol For Fighting Drug Addiction, Not Just Alcoholism
If you were to poll Wall Street a few months ago for impressions of Alkermes’ naltrexone injection (Vivitrol), you’d hear a number of things. Most aren’t good. It’s a bust. They still own that? Who cares? Seeing the name Vivitrol in my inbox, I must admit, makes me think first about a drug that never … Continue reading “Alkermes Sees Chance to Reinvent Vivitrol For Fighting Drug Addiction, Not Just Alcoholism”
Sanofi Buys Genzyme for $20B, Aveo Inks Deal with Astellas, Hologix Nabs FDA Approval, & More Boston-Area Life Sciences News
It was a historic week in the Boston biotech field with big acquisition news, but we also saw headlines on stealthier firms and startup financings. —Ryan took a closer look at H3 Biomedicine, a cancer research house setting up shop in Cambridge, MA, with the support of Japanese drugmaker Eisai. He compared it to the … Continue reading “Sanofi Buys Genzyme for $20B, Aveo Inks Deal with Astellas, Hologix Nabs FDA Approval, & More Boston-Area Life Sciences News”
Cappella Lands $7,111,612 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=002a0357-4691-4cdd-a0ca-07487dd1945d&Preview=1 Date 2/18/2011 Company Name Cappella Mailing Address 41 Magnolia Dr. Westford, MA 01886 Company Description Cappella has developed a novel solution for the treatment of coronary bifurcated disease. In contrast to current approaches for treating bifurcations, Cappella´s Sideguard Sidebranch Stent conforms to the anatomy of the bifurcated segment. Website http://www.cappella-med.com Transaction … Continue reading “Cappella Lands $7,111,612 New Financing Round”
Pixability Lands $1,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2e395ea7-e8a8-4231-9ea1-0bde0794bb72&Preview=1 Date 2/18/2011 Company Name Pixability Mailing Address One Broadway 14th Floor Cambridge, MA 02142 Company Description We offer the easiest, quickest, most economical way to create quality video to help you market your company or organization. Now anyone, from company president to cashier, can be part of the web video revolution. … Continue reading “Pixability Lands $1,000,000 New Round”
SolarCity Acquires GroSolar for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=65f08d7e-13d7-4943-a799-18a58fe13467&Preview=1 Date 2/18/2011 Company Name GroSolar Mailing Address 601 Old River Road White River Junction, VT 05001 Company Description We are dedicated to the triple bottom line: profit for the company, social justice for our employees and customers and environmental protection. Solar energy allows us to create communities of people, employees, customers, … Continue reading “SolarCity Acquires GroSolar for Undisclosed Sum”
Nordstrom Acquires HauteLook for $270,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6fbe7178-788d-40e0-8ddb-0ccb40027d51&Preview=1 Date 2/18/2011 Company Name HauteLook Mailing Address 1013 S. Los Angeles St Los Angeles, CA 90015 Company Description HauteLook is an exclusive private shopping club which offers its members branded goods at 40-75% off of retail prices. HauteLook operates a marketplace in which premium fashion & lifestyle brands host their own … Continue reading “Nordstrom Acquires HauteLook for $270,000,000”
EPAY Systems Obtains $1,018,200 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8742cca4-c9ca-4aa6-b7eb-365ecf105464&Preview=1 Date 2/18/2011 Company Name EPAY Systems Mailing Address 8430 W. Bryn Mawr Avenue Chicago, IL 60631 Company Description Develops and deploys punch to pay solutions for time clock pay systems. Website http://www.epaysystems.com Transaction Type Venture Equity Transaction Amount $1,018,200 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory … Continue reading “EPAY Systems Obtains $1,018,200 New Financing Round”
Anomaly Innovations Obtains $500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fca20f22-b172-43f0-a7ce-7ebcd55666d1&Preview=1 Date 2/18/2011 Company Name Anomaly Innovations Mailing Address Undisclosed San Francisco, CA 94123 Company Description Anomaly Innovations is a software company focused on finding elegant solutions to common problems. Website http://www.anoma.ly Transaction Type Venture Equity Transaction Amount $500,000 Transaction Round Undisclosed Proceeds Purposes Velayudhan also tells me that they will be … Continue reading “Anomaly Innovations Obtains $500,000 New Financing”
C3Nano Obtains $3,200,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=410629ca-08d3-4331-a550-f77d00176b23&Preview=1 Date 2/18/2011 Company Name C3Nano Mailing Address 26225 Eden Landing Rd. Hayward, CA 94545 Company Description C3Nano is an early stage venture backed startup developing a revolutionary new transparent electrode material for applications such as flexible displays, touch screens, solar cells and smart windows. Website http://www.c3nano.com Transaction Type Venture Equity Transaction … Continue reading “C3Nano Obtains $3,200,000 Series A Funding Round”
Flagship VentureLabs, Creating and Spinning Out Cleantech and Life Sciences Startups for 10 Years, Takes the Veil Off
A number of innovative cleantech and life sciences startups we’ve written about have been funded and staffed by Cambridge, MA-based Flagship Ventures. But not all of these companies made traditional pitches to Flagship like they would any other investor. A large chunk of the firm’s portfolio includes companies that have been created, developed, and incubated … Continue reading “Flagship VentureLabs, Creating and Spinning Out Cleantech and Life Sciences Startups for 10 Years, Takes the Veil Off”
Qualcomm’s Uplinq: Where Mobile Links Up
Qualcomm bills its Uplinq conference as the only wireless event that brings together the ecosystem of developers and publishers, device makers, network operators, OS and technology providers to build business around high-quality, compelling mobile apps and data services. Uplinq 2010 effectively served as the annual Brew conference, while also addressing the interests of the wireless … Continue reading “Qualcomm’s Uplinq: Where Mobile Links Up”
Systems Biology & P4 Medicine: ISB’s 10th Annual Symposium
The Institute for Systems Biology is hosting its 10th annual symposium on May 15-16. This year’s lineup of speakers includes George Poste of Arizona State University, Anne Wojcicki of 23andMe, George Church of Harvard Medical School, Steve Gabbe of Ohio State University, Huntington Willard of Duke University, Mark Stevenson of Life Technologies, Cliff Reid of … Continue reading “Systems Biology & P4 Medicine: ISB’s 10th Annual Symposium”
Snyder’s First Michigan Budget: One (Tax) Rate to Rule Them All
[Corrected 2/18/10, 10:04 am.] When Rick Snyder emerged victorious in last year’s gubernatorial election, Michigan’s entrepreneurial community buzzed with excitement. Snyder, a former corporate executive and venture capitalist based in Ann Arbor, MI, had the business smarts to revitalize the state’s sluggish economy, supporters said. The first test of Snyder’s leadership would be crafting a … Continue reading “Snyder’s First Michigan Budget: One (Tax) Rate to Rule Them All”
How Oceans and Weather Affect Business and Infrastructure
As part of its on-going seminar series, the San Diego Maritime Alliance, is planning a one day seminar that focuses on the effects that oceans and weather can have on business and infrastructure. The all-day session will focus on leading-edge hardware, software, and techniques used to monitor, understand, and predict environmental and ecological changes that … Continue reading “How Oceans and Weather Affect Business and Infrastructure”
Technology & Persons with Disabilities Conference
Thousands from around the world-from entrepreneurs and leading tech industry executives to academics and persons with disabilities-will gather to explore ways technology can help those with disabilities. The conference, organized by California State University Northridge, examines all aspects of technology and disability and features a faculty of internationally recognized speakers, two days of pre-conference workshops, … Continue reading “Technology & Persons with Disabilities Conference”
Data-Driven Health Care Surges into the Fast Lane
Biocom has organized its breakfast meeting in March around the question, “How does a company use their own data, and data collected elsewhere, to help business thrive?” Several insightful companies have developed products that help synchronize, analyze and utilize data to create vast improvements in health care, as well as R&D. Many of these information … Continue reading “Data-Driven Health Care Surges into the Fast Lane”
Gene Ray Inducted into Entrepreneur Hall of Fame
Gene Ray, the founding CEO of San Diego’s Titan Corp. (now part of L3 Communications) and former top executive at SAIC will be the ninth inductee to the Connect Entrepreneur Hall of Fame. Previous inductees are Irwin Jacobs, Walter Zable, Ivor Royston, William Rastetter, J. Robert Beyster, Neal and Linden Blue, and Peter Preuss. Ray … Continue reading “Gene Ray Inducted into Entrepreneur Hall of Fame”
We’re On the Hunt For a Social Media Marketing Intern Here at Xconomy
We have a bunch of journalists at Xconomy who know how to report and write. Now we are looking to add some electricity on the marketing side of the house. I’m specifically looking to fill a position here in the Seattle office for a summer intern with desire to build a career in social media … Continue reading “We’re On the Hunt For a Social Media Marketing Intern Here at Xconomy”
Training Clean Energy Capitalists
[Editor’s note: This post was co-authored by Peter Rothstein, President of the New England Clean Energy Council.] Over the next 10 years, over $1.7 trillion will be invested in clean power projects across the globe, according to recent projections from the Pew Charitable Trusts. That estimate is if nothing changes to strengthen our clean energy … Continue reading “Training Clean Energy Capitalists”
Going Public Without an IPO: Examples from the Biotech Industry
Valuations that made sense in 2000 have been significantly reduced, forcing many “cram-down” financings that are painful for investors and management. Business models can and need to be as adept, flexible, and creative as the science that drives our industry. There are alternative ways to go public that do not involve traditional capital infusions or … Continue reading “Going Public Without an IPO: Examples from the Biotech Industry”
The Power of Angel Investing
This full-day seminar provides an overview of the angel investing process including the details of finding, evaluating, and structuring deals. It will also go into depth on how to develop angel-entrepreneur relationships that lead to success. This highly interactive program provides attendees with practical information on best practices in angel investing through a balance of … Continue reading “The Power of Angel Investing”
Hackaway Friday at Ansir Innovation Center
The Ansir Innovation Center is hosting “Hackaway Friday”, an all-day collaborative co-working event that’s bringing together a dynamic group of innovators from many areas of expertise (from PHP, Javascript and mySQL to web designers, app developers and UI experts) to work with you on getting your code where it needs to be. Be ready to … Continue reading “Hackaway Friday at Ansir Innovation Center”
Learning Microsoft’s Newest CRM Software, Dynamics CRM 2011
Microsoft and FMT Consultants are hosting a free Microsoft Dynamics CRM 2011 launch event. Be among the first to see how it can help you increase sales, improve marketing, strengthen customer service and accelerate line-of-business application development through xRM. All attendees will be entered to win a Kinect for Xbox 360. More information and online … Continue reading “Learning Microsoft’s Newest CRM Software, Dynamics CRM 2011”
It Takes Grassroots Effort to Support Entrepreneurs
Entrepreneurship has fueled economic growth and innovation throughout the Bay Area’s history. We applaud President Barack Obama’s call to action and the White House Startup America program to support entrepreneurs. In California’s innovation economy we have seen first hand that entrepreneurship is key to driving job creation and economic development. The Federal bureaucracy can raise … Continue reading “It Takes Grassroots Effort to Support Entrepreneurs”
Ze-Gen Adds $8M
Ze-Gen, a Boston-based developer of technology for converting solid waste into gas for power plants, has raised another $8 million in equity-based funding, according to an SEC filing. The money comes atop $17.6 million in funding that the firm revealed last year in a regulatory document, bringing the financing’s total to $25.6 million.
CalciMedica Moves Psoriasis Drug Into Clinic, Pockets $6M
CalciMedica has been saying for a while that it is about to enter clinical trials with a novel oral treatment for autoimmune diseases, and today is the day. The San Diego-based biotech company said it has delivered the first doses to people in a clinical trial of CM2489, a once-daily pill for moderate to severe … Continue reading “CalciMedica Moves Psoriasis Drug Into Clinic, Pockets $6M”
Cleantech VC Hemant Taneja Moves to Bay Area, Talks Investment Strategy at General Catalyst
A proverbial giant has left the cleantech stage here in Boston—though he probably wouldn’t admit any part of that statement. Hemant Taneja, a managing director at General Catalyst Partners in Cambridge, MA, has moved to the San Francisco Bay Area this week. Taneja is one of the top venture capitalists in the energy sector. Beyond … Continue reading “Cleantech VC Hemant Taneja Moves to Bay Area, Talks Investment Strategy at General Catalyst”
Dynamic Signal Picks Up $8M
San Bruno, CA-based Dynamic Signal, a stealth-mode enterprise social media startup founded and led by former Adify CEO Russell Fradin, has raised $8 million in equity-based financing from a group of 30 investors, according to a regulatory filing. Trinity Ventures partner Ajay Chopra, comScore co-founder Gian Fulgoni, and Cox Enterprises vice president of business development … Continue reading “Dynamic Signal Picks Up $8M”
Calisolar Raises $8M More
Sunnyvale, CA-based Calisolar, which has developed a low-cost way of purifying silicon for use in solar cells, continues to raise cash. This week it collected an additional $8 million in an offering of debt, options, and securities, according to a regulatory filing. Calisolar raised $3 million in a similar offering in December and $15 million … Continue reading “Calisolar Raises $8M More”
Sermo Gets $3.5M from MMV
Cambridge, MA-based Sermo, provider of the nation’s largest online community of doctors, has received $3.5 million in growth capital funding from MMV Financial, the finance firm announced today. The money comes as part of a $5 million round for Sermo, which will use the funds to expand its physician community, according to the announcement. Sermo … Continue reading “Sermo Gets $3.5M from MMV”
Avalon’s Kinsella Calls Out Big Pharma for “Bad Behavior” That’s Pushing Biotech Ventures “Almost to Point of Extinction”
San Diego’s Avalon Ventures has had some noteworthy success in the past couple of months. The 28-year-old firm raised $200 million for its ninth fund, which was oversubscribed by 33 percent. Avalon, which invests in both life sciences and Web technologies, also took some winnings off the table with the recent sale of a portfolio … Continue reading “Avalon’s Kinsella Calls Out Big Pharma for “Bad Behavior” That’s Pushing Biotech Ventures “Almost to Point of Extinction””
TuneUp Adds $2M to C Round
San Francisco-based TuneUp Media, which makes software designed to enhance the music and album information available in Apple iTunes and Windows Media Player, announced the second close of its recent Series C round today. The original $4.3 million round, provided by IDG Ventures and KPG Ventures last September, has now grown to $6.3 million thanks … Continue reading “TuneUp Adds $2M to C Round”
Jennerex, Maker of Cancer-Fighting Virus, Says Early Data Shows Survival Benefit
Viruses that are genetically engineered to fight tumors, without harming healthy cells, may sound like sci-fi. But San Francisco-based Jennerex Biotherapeutics has started gathering some intriguing—albeit quite preliminary—clinical trial evidence that suggests this approach may be helping liver cancer patients live longer, Xconomy has learned. Jennerex, which I first wrote about here in September, flies … Continue reading “Jennerex, Maker of Cancer-Fighting Virus, Says Early Data Shows Survival Benefit”
Want to Create More Startups? Do More to Corral Health Insurance Costs
Starting a business has always been a risky financial undertaking. With the huge rise in health insurance costs over the last decade, I’m increasingly worried we have created an enormous new obstacle that discourages and slows down the growth trajectory of new businesses. This post is not about rehashing the debates over the federal healthcare … Continue reading “Want to Create More Startups? Do More to Corral Health Insurance Costs”
Optimer Raises $77.6M, Former Sequenom Patent Agent Pleads Guilty, IPO Lineup Includes San Diego’s Ambit and IASO Pharma, & More San Diego Life Sciences News
With San Diego’s Optimer and Conatus Pharmaceuticals successfully raising capital, and Sanderling Ventures reportedly planning to raise a new fund, it would be easy to think that the capital markets are opening a little for the life sciences sector. You decide. —San Diego’s Optimer Pharmaceuticals (NASDAQ: [[ticker:OPTR]]) completed a secondary public offering of 7.8 million … Continue reading “Optimer Raises $77.6M, Former Sequenom Patent Agent Pleads Guilty, IPO Lineup Includes San Diego’s Ambit and IASO Pharma, & More San Diego Life Sciences News”
Burrill’s Bet on Seattle, Yamada Exits Gates Foundation, Stewart Parker’s New Gig, & More Seattle-Area Life Sciences News
This week the Seattle life sciences beat was all people coming and going from high-profile jobs, which may say something about where the action is heading. —Steve Burrill, the biotech jack of all trades from San Francisco, likes to say he’s a “geographic agnostic” when it comes to looking around for the best investments in … Continue reading “Burrill’s Bet on Seattle, Yamada Exits Gates Foundation, Stewart Parker’s New Gig, & More Seattle-Area Life Sciences News”
GravityEight: A New Online Hub for Wellbeing and the “Quantified Self”
At 44, I’m starting to understand what’s meant by the old saying that aging is a battle against gravity. But it’s not just tummies, wrinkles, and joints that need more attention as we get older. Holistic health experts say it’s equally important to invest in social connections, lifelong learning, personal finances, spirituality, and other parts … Continue reading “GravityEight: A New Online Hub for Wellbeing and the “Quantified Self””
Boston’s Quiet Startups About to Make Noise: Take the Interview, Open Mile, Locately, and More
I generally hate cocktail parties, but the one at Cambridge, MA-based Performable on Tuesday night was pretty good (you can see some photos here). Not that many VCs were there, which was just as well, because I got to meet tons of entrepreneurs from Boston and beyond, all working on interesting startups. Plus, who knew … Continue reading “Boston’s Quiet Startups About to Make Noise: Take the Interview, Open Mile, Locately, and More”