Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2c838816-40bb-47f5-a485-0f13adf25b3c&Preview=1 Date 1/26/2011 Company Name ignitAd Mailing Address 156 Fifth Avenue New York, NY 10010 Company Description The company operates a service that enables online publishers to get the best advertising rates for their inventory. Website http://www.ignitad.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “ignitAd Receives $2,000,000 New Financing Round”
TelaDoc Medical Services Secures $4,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bcea02c3-479f-4e26-8b8f-c09f65e870da&Preview=1 Date 1/26/2011 Company Name TelaDoc Medical Services Mailing Address 4100 Spring Valley Dallas, TX 75244 Company Description TelaDoc, Inc. is a Texas corporation that performs several tasks as a business associate of the TelaDoc Physician Association (PA). TelaDoc, Inc. is not licensed to practice medicine and must contract with one or … Continue reading “TelaDoc Medical Services Secures $4,000,000 Series C Funding”
How to Launch Your Startup at SXSW for $460
Originally, I wanted to call this article “How to Launch at SXSW on a Shoestring Budget,” but it wasn’t specific enough. “How to Launch @ SXSW for $460” has a tactical, granular sound that resonates with what my mentor (see his book cover picture here) taught me about promotion at a real world event. It’s … Continue reading “How to Launch Your Startup at SXSW for $460”
Bristol-Myers Squibb to Stay in Seattle, Keep ZymoGenetics Workers
Pharmaceutical giant Bristol-Myers Squibb scoped out the neighborhood for a couple months, and has decided to put down roots in Seattle. The New York-based pharmaceutical giant (NYSE: [[ticker:BMY]]), which spent $885 million to acquire ZymoGenetics in October, has decided to maintain its presence here, according to Chris Rivera, the president of the Washington Biotechnology & … Continue reading “Bristol-Myers Squibb to Stay in Seattle, Keep ZymoGenetics Workers”
Startup Suicide—Rewriting the Code
The benefits of customer and agile development and minimum features set are continuous customer feedback, rapid iteration and little wasted code. But over time if developers aren’t careful, code written to find early customers can become unwieldy, difficult to maintain and incapable of scaling. Ironically it becomes the antithesis of agile. And the magnitude of … Continue reading “Startup Suicide—Rewriting the Code”
Technology Alliance Innovation Summit: Featuring “Crossing the Chasm” Author Geoffrey Moore
The Technology Alliance is organizing a full day summit on “what really makes innovation economies grow” on March 18 at Microsoft’s campus in Redmond. Geoffrey Moore, the author of “Crossing the Chasm,” will be one of the featured speakers, along with Washington Attorney General Rob McKenna, Verdiem CEO Jeremy Jaech, University of Washington computer science … Continue reading “Technology Alliance Innovation Summit: Featuring “Crossing the Chasm” Author Geoffrey Moore”
Cirtas Raises $22.5M, Names CEO
San Jose, CA-based Cirtas, which makes storage controllers that connect enterprise data centers to cloud-based storage services such as Amazon S3, said today that it has raised $22.5 million in Series B financing. New investors Shasta Ventures and Bessemer Venture Partners led the round, which was joined by existing investors NEA, Lightspeed Venture Partners, and … Continue reading “Cirtas Raises $22.5M, Names CEO”
$7M Shines on Solar Universe
Livermore, CA-based Solar Universe, a network of owner-operated companies specializing in the design, installation, and finance of residential solar power systems, said today that it has raised $7 million in Series B financing. Rockport Capital Partners led the round, which also included returning Series A investors. Solar Universe founder and CEO Joe Bono said the … Continue reading “$7M Shines on Solar Universe”
Appcelerator Collects $1.3M
Lost in the news today about an Appcelerator-sponsored study of business mobile application development trends was a regulatory filing indicating that the Mountain View, CA-based company has raised $1.3 million in new equity-based financing, in a round that could total as much as $3 million. Previous Appcelerator investors, who most recently contributed $9 million in … Continue reading “Appcelerator Collects $1.3M”
Seattle BioMed Passport to Global Health Celebration
Seattle Biomedical Research Institute is planning its annual “Passport to Global Health Celebration” for the evening of June 13th at the Westin Hotel in Seattle. For more information about the event, click here.
Michigan Startups Reflect National Resurgence in Venture Capital Dollars
Michigan startups attracted $24.7 million in venture capital during the fourth quarter last year, according to the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association based on data from Thomson Reuters. Metabolic Solutions Development (MSDI), a drug maker based in Kalamazoo, MI, grabbed the largest share of the state’s take with nearly a … Continue reading “Michigan Startups Reflect National Resurgence in Venture Capital Dollars”
TiE Boston Announces Angel Investing Group
There’s a new angel investing group in town, and this one is tied to a global organization supporting entrepreneurship. TiE Boston, the local chapter of The Indus Entrepreneurs, announced today that it has launched TiE Angels to provide funding for early-stage startups in New England. The group says it will put up to $500,000 into … Continue reading “TiE Boston Announces Angel Investing Group”
Clinical Data’s Billionaire Chairman a Major Player in Firm’s Newly FDA-Approved Antidepressant
Randal “RJ” Kirk is building another biotech winner. The billionaire Virginian, who is chairman of Newton, MA-based pharmaceutical company Clinical Data (NASDAQ:[[ticker:CLDA]]), has been a catalyst for the firm’s new FDA approval of an antidepressant. Kirk, a major shareholder in Clinical Data for years and chairman since 2004, has advocated for the 39-year old firm’s … Continue reading “Clinical Data’s Billionaire Chairman a Major Player in Firm’s Newly FDA-Approved Antidepressant”
Elemental Gets Citrix Investment, New Board Member
Portland, OR-based Elemental Technologies, a video processing startup, said today it has received a strategic investment from Citrix Systems (NASDAQ: [[ticker:CTXS]]) and has added Kevin O’Hara to its board of directors. O’Hara is the former president and co-founder of Level 3 Communications (NASDAQ: [[ticker:LVLT]]) and the co-founder and executive chairman of Troppus Software. The amount … Continue reading “Elemental Gets Citrix Investment, New Board Member”
PerkinElmer Licenses Geospiza Software
Geospiza, the Seattle-based maker of software for analyzing genomic data, said today that PerkinElmer (NYSE: [[ticker:PKI]]), the Waltham, MA-based life sciences toolmaker, has taken a multi-year license to Geospiza’s technology. Financial terms of the license weren’t disclosed.
Celtra Scores $5M from GrandBanks, Fairhaven
Cambridge, MA-based Celtra, a mobile advertising and analytics startup, said today it has raised $5 million in Series A financing from GrandBanks Capital and Fairhaven Capital. Celtra makes a platform for brands, ad agencies, and publishers to be able to create, track, and optimize “rich media” advertising for mobile devices. The company is led by … Continue reading “Celtra Scores $5M from GrandBanks, Fairhaven”
RainDance Raises $37.5M
Lexington, MA-based RainDance Technologies, a maker of genomic research tools, said today it has closed a $37.5 million Series D financing round co-led by new investor Quaker BioVentures and existing investor Mohr Davidow Ventures. Previous investors Alloy Ventures and Acadia Woods also participated in the round. RainDance, founded in 2004, has developed a system that … Continue reading “RainDance Raises $37.5M”
How ZymoGenetics Coulda Been a Contender: The Big Break That Came Too Late
ZymoGenetics, if it had stayed an independent company in Seattle, would be worth tens of millions of dollars more today than what it was in September when it agreed to be acquired by Bristol-Myers Squibb (NYSE: [[ticker:BMY]]). Bristol clearly scored a big break with its new ZymoGenetics assets on December 21, about two months after … Continue reading “How ZymoGenetics Coulda Been a Contender: The Big Break That Came Too Late”
The 20-Year Outlook for Bay Area Life Sciences, Coming March 16
Biotechnology was born in the San Francisco Bay Area about 35 years ago, and by most ways of keeping score, it remains the most vibrant cluster in the world for life sciences innovation. But will that still be true 20 years from now? These are the kinds of deep questions we love to ask at … Continue reading “The 20-Year Outlook for Bay Area Life Sciences, Coming March 16”
Axonia Seeks to Regenerate Nerves a New Way, Sidestepping Stem Cell Controversy
Biotech executives were on the prowl a couple weeks ago in San Francisco, many of them urgently seeking tens or hundreds of millions of dollars from Wall Street. But one of the fun, offbeat ideas I encountered during my trip was from a Kalamazoo, MI, entrepreneur seeking to nail down his first $5 million for … Continue reading “Axonia Seeks to Regenerate Nerves a New Way, Sidestepping Stem Cell Controversy”
Epocrates, Mobile App Developer Since Palm Days, Preps for IPO-And for Push Into Electronic Medical Records
If you’re a young software engineer today, you’ve got to be in mobile. That’s why San Francisco and Silicon Valley are crawling with twenty-something developers building games and other diversions for the iTunes App Store and the Android Marketplace. But there’s one local company that started building mobile apps before most of these people even … Continue reading “Epocrates, Mobile App Developer Since Palm Days, Preps for IPO-And for Push Into Electronic Medical Records”
Are Startup-Hungry MIT MBAs Sleepless in Seattle?
One of the most important decisions anyone makes is deciding where to live. Lucky for me, that decision has already been made. Since I’ll be graduating soon with an MBA from the MIT Sloan School of Management, I thought it would be great to head out West to where the software revolution began: the emerald … Continue reading “Are Startup-Hungry MIT MBAs Sleepless in Seattle?”
Sorenson Media, a ‘Swiss Army Knife’ for Video Encoding, Sets Course for Web-Based Service
A major upgrade to a well-established software product doesn’t usually move the needle much at Xconomy, where we prefer to focus on the really disruptive innovations and strategic innovations taking place throughout the tech sector. But this is a time of intensifying frothiness in the world of online video technology. So the improvements that Carlsbad, … Continue reading “Sorenson Media, a ‘Swiss Army Knife’ for Video Encoding, Sets Course for Web-Based Service”
Bay State Startups Bring in $192M in December, Industrial Companies Squeeze Healthcare Sector Out of the Top Fundraising Spot
[Corrected 1/25/11, 12:40 pm. See below.]Good news and bad news for the state’s startups when it comes to dollars raised last month. Tech and life sciences firms overall collected a bigger chunk of change than the month before, but the healthcare sector, which typically leads the pack, yielded the top spot to the industrial sector. … Continue reading “Bay State Startups Bring in $192M in December, Industrial Companies Squeeze Healthcare Sector Out of the Top Fundraising Spot”
Celtra Lands $5,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b3663952-f875-45d0-8403-20d7adce70f3&Preview=1 Date 1/25/2011 Company Name Celtra Mailing Address Cambridge Innovation Center One Broadway 14th Floor Cambridge, MA 02142 Company Description Our mission is to provide a unique Software-as-a-Service platform for online and mobile marketing convergence, which enables brands and marketing agencies to take advantage of social communities’ engagements and extend them into … Continue reading “Celtra Lands $5,000,000 Series A Financing Round”
Raindance Technologies Obtains $37,500,000 Series D Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fbf15ede-b536-4299-b647-8abb112f426f&Preview=1 Date 1/25/2011 Company Name Raindance Technologies Mailing Address 44 Hartwell Avenue Lexington, MA 02421 Company Description RainDance Technologies, Inc. (RDT) is a nanotechnology company devoted to developing, and commercializing the Personal Laboratory System, a platform for droplet-based microfluidics. Website http://www.raindancetechnologies.com Transaction Type Venture Equity Transaction Amount $37,500,000 Transaction Round Series D … Continue reading “Raindance Technologies Obtains $37,500,000 Series D Round”
StroMedix Receives $2,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4e76d84f-71f6-470c-b265-b4660043b387&Preview=1 Date 1/25/2011 Company Name StroMedix Mailing Address One Canal Park Cambridge, MA 02141 Company Description Stromedix is a clinical-stage biotechnology company committed to developing novel drugs to treat fibrotic organ failure. Stromedix will focus initially on chronic indications but plans to leverage its expertise and expand its therapeutic pipeline into related … Continue reading “StroMedix Receives $2,000,000 New Financing Round”
Amgen Acquires BioVex for $1,000,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5263dbf4-981f-4829-9f03-b5774508aa17&Preview=1 Date 1/25/2011 Company Name BioVex Mailing Address 34 Commerce Way Woburn, MA 01801 Company Description The Company is developing a new class of potent biologics for the treatment of cancer and prevention of infectious disease. Website http://www.biovex.com Transaction Type M&A Transaction Amount $1,000,000,000 Transaction Round Proceeds Purposes M&A Terms Under terms … Continue reading “Amgen Acquires BioVex for $1,000,000,000”
Elemental Technologies Obtains New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f9ae40af-d085-46eb-b2e3-a00461df0872&Preview=1 Date 1/25/2011 Company Name Elemental Technologies Mailing Address 620 SW Fifth Ave. Portland, OR 97204 Company Description Elemental Technologies, headquartered in Portland, Oregon, is the leading provider of massively parallel processing (MPP) solutions, initially targeting video applications. Utilizing general purpose, programmable off the shelf graphics processing units (GPUs), the RapiHD Video … Continue reading “Elemental Technologies Obtains New Financing”
Playcast Media Systems Lands $10,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=194eb5e8-d1fd-4fba-8b87-172e525cf77e&Preview=1 Date 1/25/2011 Company Name Playcast Media Systems Mailing Address 9560 Wilshire Blvd. Beverly Hills, CA 90212 Company Description Playcast is a Games-on-Demand system for cable and IPTV operators. It converts a standard set-top box into a powerful games console – using our breakthrough technology which eliminates any latency concerns. Website http://www.playcast-media.com … Continue reading “Playcast Media Systems Lands $10,000,000 Series B Financing Round”
GeekChicDaily Garners $1,500,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0c2b34f9-523b-44fe-a61e-4d7aa54321df&Preview=1 Date 1/25/2011 Company Name GeekChicDaily Mailing Address Undisclosed Undisclosed, CA 90000 Company Description We’re the creators of GeekChicDaily, and we’re geeked about delivering insight, factoids and perspective about games, tech, toys, apps, comics, gear and more to make sure your inner geek is always fed. Website http://www.geekchicdaily.com Transaction Type Venture Equity … Continue reading “GeekChicDaily Garners $1,500,000 New Financing Round”
NextWave Pharmaceuticals Secures $27,229,417 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ca1e5001-534f-42b3-8090-ed57f831ed89&Preview=1 Date 1/25/2011 Company Name NextWave Pharmaceuticals Mailing Address 50 Lakeview Parkway Vernon Hills, IL 60061 Company Description By listening to the needs of parents and children, and working closely with the pediatric community, including pediatricians, physician assistants and nurse practitioners, NextWave Pharmaceuticals is developing a broad line of products across several … Continue reading “NextWave Pharmaceuticals Secures $27,229,417 New Financing”
Appcelerator Lands $1,160,598 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f1356845-8c55-41cb-9056-4183faa829b1&Preview=1 Date 1/25/2011 Company Name Appcelerator Mailing Address 444 Castro Street Mountain View, CA 94041 Company Description Appcelerator is an open source platform for building rich web applications. Appcelerator, Inc. is a silicon valley venture funded company located in Mountain View, California. Appcelerator was started in 2006 by software veterans Jeff Haynie … Continue reading “Appcelerator Lands $1,160,598 New Funding”
Cirtas Systems Obtains $22,500,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=15ea13fa-b0a0-4a03-b96c-52e7df35bb8f&Preview=1 Date 1/25/2011 Company Name Cirtas Systems Mailing Address 75 E. Santa Clara St. San Jose, CA 95113 Company Description Cirtas Bluejet is the world’s first cloud-enabled storage system. With Bluejet, data is seamlessly and transparently archived to the cloud, providing relief from relentless data growth and out of control storage costs. … Continue reading “Cirtas Systems Obtains $22,500,000 Series B Funding Round”
Solar Universe Obtains $7,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4fb932e9-1be2-4d7f-a273-99dadcf81787&Preview=1 Date 1/25/2011 Company Name Solar Universe Mailing Address 5902 Las Positas Road Livermore, CA 94551 Company Description The company is building a franchise of solar installers across North America. Website http://www.solaruniverse.com Transaction Type Venture Equity Transaction Amount $7,000,000 Transaction Round Series B Proceeds Purposes The company intends to use the financing … Continue reading “Solar Universe Obtains $7,000,000 Series B Financing Round”
MoBeam Secures $175,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a133a625-e838-48f7-8e98-dc9c49594fda&Preview=1 Date 1/25/2011 Company Name MoBeam Mailing Address 20450 Stevens Creek Blvd Cupertino, CA 95014 Company Description MoBeam Inc. applies its patented technology to transform the consumer-retail interaction and create multiple layers of value across the entire consumer products and retail industry, with clear benefits to both consumers and retailers. Website http://www.mobeam.com … Continue reading “MoBeam Secures $175,000 New Round”
Hipmunk Secures $4,650,203 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=78bc6a00-e633-43c6-95ad-23720b69e9f0&Preview=1 Date 1/25/2011 Company Name Hipmunk Mailing Address Undisclosed San Francisco, CA 94123 Company Description The company operates an online travel website. Website http://www.hipmunk.com Transaction Type Venture Equity Transaction Amount $4,650,203 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor Undisclosed
Fulcrum Bioenergy Receives $75,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=012cab11-6574-4423-b168-2768dfba420c&Preview=1 Date 1/25/2011 Company Name Fulcrum Bioenergy Mailing Address 4900 Hopyard Road Pleasanton, CA 94588 Company Description Fulcrum is a privately held company focused on developing, owning and operating clean, environmentally responsible facilities designed to convert municipal solid waste and other waste products to renewable transportation fuels. Website http://www.fulcrum-bioenergy.com Transaction Type Venture … Continue reading “Fulcrum Bioenergy Receives $75,000,000 Series C Financing”
Google Acquires SayNow for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c77a19b4-0c7e-4930-bb99-290353868028&Preview=1 Date 1/25/2011 Company Name SayNow Mailing Address 299 S. California Avenue Palo Alto, CA 94306 Company Description SayNow develops mobile broadcasting and voice services that enable communities to stay connected in a way that’s personal and convenient. Our services are being used for entertainment, educational, and marketing purposes by a broad … Continue reading “Google Acquires SayNow for Undisclosed Sum”
Tinychat Lands $1,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fc5bc39a-6262-4bc2-8330-9a52ef2da7e2&Preview=1 Date 1/25/2011 Company Name Tinychat Mailing Address 140 E. 45th St., 19th Floor New York, NY 10017 Company Description The company operates an online service that provides disposable chat rooms to users. Website http://www.tinychat.com Transaction Type Debt Transaction Amount $1,500,000 Transaction Round Undisclosed Proceeds Purposes The financing will be used to … Continue reading “Tinychat Lands $1,500,000 New Round”
Graphic.ly Receives $3,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7b3713c4-25b2-4baf-901c-3d87efd393f9&Preview=1 Date 1/25/2011 Company Name Graphic.ly Mailing Address Undisclosed Boulder, CO 80501 Company Description Graphic.ly is a place for all people that, like us, love the art and story telling that lives within the pages of a comic book or graphic novel, and enjoy nothing more than sharing that enthusiasm with their … Continue reading “Graphic.ly Receives $3,000,000 Series A Funding Round”
LibreDigital Lands $1,350,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ae9821ff-a8b8-4137-86f2-c926971b6d12&Preview=1 Date 1/25/2011 Company Name LibreDigital Mailing Address 1835-B Kramer Lane Austin, TX 78758 Company Description When LibreDigital formed in 1999 to provide publishers with digital warehousing and e-distribution, the web was a place for email, retail, and early content experiments. The term “blog” had just been coined. Social networking was the … Continue reading “LibreDigital Lands $1,350,000 New Financing”
Amgen to Acquire BioVex for Up To $1B, to Obtain Cancer-Killing Virus Therapy
Amgen is sticking its scientific neck out, and potentially $1 billion of its cash, to buy a company in Woburn, MA that hopes to deliver the first FDA-approved virus engineered to specifically kill cancer cells. Thousand Oaks, CA-based Amgen (NASDAQ: [[ticker:AMGN]]) said today it has agreed to pay $425 million upfront, plus another $575 million … Continue reading “Amgen to Acquire BioVex for Up To $1B, to Obtain Cancer-Killing Virus Therapy”
Nektar Pockets $220M
San Francisco-based Nektar Therapeutics (NASDAQ: [[ticker:NKTR]]) said today it has raised $220 million in net proceeds through a public offering of stock. The company agreed to sell 19 million shares of new stock, and has granted its underwriter the option to buy another 2.85 million more shares to cover over-allotments. Jefferies & Co. acted as … Continue reading “Nektar Pockets $220M”
Sanofi Extends Genzyme Offer
Cambridge, MA-based biotech drug maker Genzyme (NASDAQ:[[ticker:GENZ]]) and its big pharma suitor, Sanofi-Aventis, are still far apart on price. Paris-based Sanofi said today that it is extending its tender offer of $69 per share or $18.5 billion for Genzyme until just before midnight on February 15. The previous offer deadline expired on Friday. Sanofi so … Continue reading “Sanofi Extends Genzyme Offer”
Myriant Technologies Finds $60M
Myriant Technologies, a Quincy, MA-based developer of biochemicals, has raised $60 million in equity financing from Thailand’s PTT Chemical Public Company, according to a press release. This year Myriant plans to begin construction on plant in Port of Lake Province, LA, where it will produce bio-based succinic acid. Myriant CEO Stephen Gatto told me in … Continue reading “Myriant Technologies Finds $60M”
Jobs Through Innovation in Bioscience: Conversation with Former Gov. Gray Davis and Lt. Gov Gavin Newsom
Former California Gov. Gray Davis, and Lt. Gov. Gavin Newsom will be featured guests speaker at a QB3 event on February 23rd, to discuss the impact of biotech on economic development in the state. The symposium will be at UCSF Mission Bay, Genentech Hall, Byers Auditorium, on February 23rd. For more information on how to … Continue reading “Jobs Through Innovation in Bioscience: Conversation with Former Gov. Gray Davis and Lt. Gov Gavin Newsom”
Introducing Tom Lee–He May Need a Nap, But He’s Never Too Tired To Talk About Innovation
Southeast Michigan, please be kind to Tom Lee. Thanks to some lame, opaque rues at an airline which shall remain nameless, the newest addition to the Xconomy team—who starts today as our Detroit editor and national med tech editor—endured a 10 hour drive this weekend instead of the two-hour flight he was expecting. But weary … Continue reading “Introducing Tom Lee–He May Need a Nap, But He’s Never Too Tired To Talk About Innovation”
Stepping Down in San Diego: Venture Funding and Our Top 10 List of Fourth Quarter VC Deals
Venture investing in San Diego declined substantially during the last three months of 2010, according to additional data coming in today from Dow Jones VentureSource, and from the MoneyTree Report. VentureSource found that venture firms invested $154.3 million in 21 San Diego startups during the fourth quarter of 2010. That was a 27 percent decline … Continue reading “Stepping Down in San Diego: Venture Funding and Our Top 10 List of Fourth Quarter VC Deals”
Behind the Scenes at Marvell, Cash for Tilera and vChatter, & More Bay Area Biztech News
The short business week last week after the Martin Luther King holiday left us with 20 percent less news than usual. Here’s what was left: —In a rare press interview, Marvell Technology Group CEO and co-founder Sehat Sutardja talked about his hands-on management style at Marvell and the founding of the company as one of … Continue reading “Behind the Scenes at Marvell, Cash for Tilera and vChatter, & More Bay Area Biztech News”