New CEO Jim Crowley on BuyWithMe’s Mobile Expansion and the Future of Social Commerce

Jim Crowley wants to have it both ways. The new CEO of BuyWithMe, the online deals site, insists the company is based in both Boston and New York. (Yes, well, this is a sensitive topic to me this week.) “The company exists in two spots,” Crowley says. It has about 100 employees total—roughly two-thirds of … Continue reading “New CEO Jim Crowley on BuyWithMe’s Mobile Expansion and the Future of Social Commerce”

$120M for TripIt, $16M for Bump, A New CEO at PARC, & More Bay Area Biztech News

The Bay Area business and technology news last week was dominated by a string of acquisitions and financing deals. —TripIt, a four-year-old travel planning startup in San Francisco’s Mission District, was snapped up by Redmond, WA-based Concur in a deal that could yield as much as $120 million for TripIt’s shareholders. Azure Capital Partners, which … Continue reading “$120M for TripIt, $16M for Bump, A New CEO at PARC, & More Bay Area Biztech News”

RusNano Revives Plastic Logic

Mountain View, CA-based Plastic Logic, which last year quashed a planned tablet-sized e-reading device based on its plastic semiconductor technology after repeated delays, said today that it has inked a multi-year financing deal with the state-owned Russian Corporation of Nanotechnologies, or RusNano. The Russian firm said it will put $150 million in equity-based financing into … Continue reading “RusNano Revives Plastic Logic”

GlassHouse Gets $5M From Citrix

Framingham, MA-based IT consulting firm GlassHouse Technologies has received a $5 million equity investment from Citrix Systems (NASDAQ: [[ticker:CTXS]]) in exchange for Series F preferred stock, according to a filing with the SEC. GlassHouse, which last year filed for an IPO worth up to $75 million, announced earlier this month that it had received an investment from … Continue reading “GlassHouse Gets $5M From Citrix”

$5.25M for Vook

Alameda, CA-based Vook, which publishes multimedia-enhanced e-books for the iPhone, iPad, Kindle devices, and the Web, has raised $5.25 million in Series A financing, Dow Jones VentureWire is reporting today. Founder and CEO Brad Inman told the publication that the funds came from VantagePoint Venture Partners and Floodgate Fund, and will be used to expand … Continue reading “$5.25M for Vook”

Join Mobile Leaders from New England (and Beyond) on March 9 for Mobile Madness 2011—Getting Down to Business

We all know that there’s no turning back on the path toward mobility. Sales of mobile devices will soon eclipse sales of PCs. By 2015—and probably sooner—the number of people accessing the Web from their phones and tablet devices will surpass the number using desktops and laptops. That doesn’t mean the PC and the desktop … Continue reading “Join Mobile Leaders from New England (and Beyond) on March 9 for Mobile Madness 2011—Getting Down to Business”

Internet Deals Boost Venture Funding, ViaSat Delays Launch of Internet Satellite, Intuit Unveils Mobile Tax App, & More San Diego BizTech News

There was no break in San Diego’s tech news leading up to the Martin Luther King holiday. Even though Xconomy observed the holiday, we still managed to round up the news you’ll need to get your week started. —The early returns on venture capital investing during the fourth quarter of 2010 came in from New … Continue reading “Internet Deals Boost Venture Funding, ViaSat Delays Launch of Internet Satellite, Intuit Unveils Mobile Tax App, & More San Diego BizTech News”

Amazon Backs Sonian In $9M Deal

Sonian, a Needham, MA-based maker of cloud-powered e-mail archiving technology, announced today that it has raised $9 million in a Series B financing. The money comes from new strategic investors Amazon.com and Webroot Software, who joined existing Sonian backers Summerhill Venture Partners and Prism VentureWorks. Last month we reported that Sonian, which uses Amazon’s cloud technology … Continue reading “Amazon Backs Sonian In $9M Deal”

Ariad Pharma Stock Up More than 25 Percent on Positive Phase III Data

Cambridge, MA-based Ariad Pharmaceuticals’ (NASDAQ:[[ticker:ARIA]]) stock is up more than 25 percent this morning. It’s to be expected; the firm is reporting today that its top cancer drug candidate, which the drug giant Merck (NYSE:[[ticker:MRK]]) is developing through a licensing deal with Ariad, is making strides in a pivotal trial for patients with soft-tissue and … Continue reading “Ariad Pharma Stock Up More than 25 Percent on Positive Phase III Data”

Sproxil Eyes VC Funding and New Customers for Its Technology for Fighting Medication Counterfeiting

Sproxil has been a bit of a darling of tech business plan competitions in the last six months. We first heard about the company, which started in Somerville, MA, and has developed technology to intercept medicine counterfeiters in developing nations, when it won IBM’s SmartCamp competition in June, taking home 12 weeks of mentoring from … Continue reading “Sproxil Eyes VC Funding and New Customers for Its Technology for Fighting Medication Counterfeiting”

Arzeda Hits Milestone in Pioneer Deal

Arzeda, the Seattle-based company that creates new enzymes, said it has reached a technical milestone as part of collaboration with DuPont’s Pioneer Hi-Bred business unit. Arzeda, a University of Washington spinoff from the lab of biochemist David Baker, has developed a novel enzyme that Pioneer says is “showing activity toward a trait of interest” in … Continue reading “Arzeda Hits Milestone in Pioneer Deal”

What Does Biotech Really Suffer From? Information Overload, or Underload?

Cognitive dissonance is defined as “an uncomfortable feeling caused by holding conflicting ideas simultaneously.” I’m suffering from a serious case of discomfort as I try to figure out which is the bigger problem facing biotech scientists: too much information, or too little. Information overload is a serious issue in biomedical research, if not virtually all … Continue reading “What Does Biotech Really Suffer From? Information Overload, or Underload?”

Michigan Launches New $120M VC Pool to Spur Investments in State Tech Startups

The state of Michigan has launched a new $120-million venture capital pool that will invest in seed and early-stage venture capital funds that in turn invest in high-tech companies in the state. Venture firms that receive money from the Venture Michigan Fund II will be required to invest at least as much in Michigan-based companies … Continue reading “Michigan Launches New $120M VC Pool to Spur Investments in State Tech Startups”

Tilera, Lonely Survivor in Multi-Core Chip Business, Gathers $45 Million for Push Into Cloud Computing

Tilera, an MIT spinoff in San Jose, CA, that makes chips with 64 separate processors (or cores) for special applications such as networking and digital video, has raised $45 million in its fourth, and presumably last, round of venture funding. The only survivor among a small group of multi-core chipmakers founded in 2003 and 2004, … Continue reading “Tilera, Lonely Survivor in Multi-Core Chip Business, Gathers $45 Million for Push Into Cloud Computing”

Cheezburger, With Dreams of Domination in Internet Humor, Grabs $30M From Foundry Group, Madrona, Avalon, SoftBank

Cheezburger became a viral Internet success story on little more than the moxie of its founders and a shoestring budget. But now it has opted to take big-time venture capital to pursue its dream to become a much bigger, more lucrative empire for humor on the Internet. The Seattle-based company that runs a network of … Continue reading “Cheezburger, With Dreams of Domination in Internet Humor, Grabs $30M From Foundry Group, Madrona, Avalon, SoftBank”

Sonian Lands $9,000,000 Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0ddb8182-18ef-4297-bf0e-7d848e3f9fa0&Preview=1 Date 1/18/2011 Company Name Sonian Mailing Address 100 Crescent Rd Needham, MA 02494 Company Description Sonian is a technology platform and hosted services company on a mission to help millions of organizations world-wide manage their critical IT functions such as archiving, search, compliance, e-discovery and storage management. The Sonian platform is … Continue reading “Sonian Lands $9,000,000 Series B Round”

Cheezburger Lands $30,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3efc293e-79cd-453e-92a5-445c3cec4d4e&Preview=1 Date 1/18/2011 Company Name Cheezburger Mailing Address 190 Queen Anne Ave. N. Seattle, WA 98109 Company Description The company operates a network of humor oriented websites. Website http://www. Cheezburger.com Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round Undisclosed Proceeds Purposes The company said it plans to use the funds to … Continue reading “Cheezburger Lands $30,000,000 New Funding Round”

Perfect Market Technologies Obtains $9,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=66c31832-bcb9-4bb4-a717-d462f31030e3&Preview=1 Date 1/18/2011 Company Name Perfect Market Technologies Mailing Address 2400 N. Lincoln Avenue Altadena, CA 91001 Company Description Perfect Market, Inc. is a marketing services company that helps online publishers monetize their large libraries of archived content with little or no risk to the publisher. The company applies proprietary processes to … Continue reading “Perfect Market Technologies Obtains $9,000,000 New Round”

TheWrap Acquires ItsOnTheGrid.com for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b2c076fe-1fac-4c5c-8f7f-b6f2efbde5aa&Preview=1 Date 1/18/2011 Company Name ItsOnTheGrid.com Mailing Address 8899 Beverly Blvd. Los Angeles, CA 90048 Company Description www.itsonthegrid.com (IOTG) is a subscription-based, web-enabled database that provides up-to-date information on the feature film development business to entertainment industry professionals as well as aspiring filmmakers and screenwriters. Website http://www.itsonthegrid.com Transaction Type M&A Transaction Amount … Continue reading “TheWrap Acquires ItsOnTheGrid.com for Undisclosed Sum”

Vook Lands $5,250,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f3d622f5-72e0-4f70-80cb-5c7946704296&Preview=1 Date 1/18/2011 Company Name Vook Mailing Address 1100 Marina Village Parkway Alameda, CA 94501 Company Description Vook was created in 2008 by Internet entrepreneur Bradley Inman, with the vision to unite the disparate worlds of books and videos into one complete, blended story. Vook has created an innovative platform where all … Continue reading “Vook Lands $5,250,000 Series A Round”

UpStart Mobile Obtains $135,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=786d57de-ddb3-497b-87bd-7cb5047d203a&Preview=1 Date 1/18/2011 Company Name UpStart Mobile Mailing Address 2 Townsend Street San Francisco, CA 94107 Company Description The company is developing applications for mobile phones. Website http://www.upstartmobile.com Transaction Type Venture Equity Transaction Amount $135,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor … Continue reading “UpStart Mobile Obtains $135,000 New Financing Round”

Stoke Garners $17,000,000 Series E Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7af9f59c-5cbf-41b4-aaef-895d3b6457e7&Preview=1 Date 1/18/2011 Company Name Stoke Mailing Address 5403 Betsy Ross Dr. Santa Clara, CA 95054 Company Description The Stoke Session Exchange (SSX) is the industry’s first multi-access convergence gateway designed since inception for stateful management of tens of thousands of secure, reliable, high-quality subscriber sessions over multiple network access types including … Continue reading “Stoke Garners $17,000,000 Series E Financing Round”

Tilera Receives $45,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=79738b68-26bb-49c6-9200-ae7f0d5fa6b9&Preview=1 Date 1/18/2011 Company Name Tilera Mailing Address 2333 Zanker Road. San Jose, CA 95131 Company Description Tilera Corporation is an ASIC-based fabless semi-conductor software and hardware design firm. Website http://www.tilera.com Transaction Type Venture Equity Transaction Amount $45,000,000 Transaction Round Undisclosed Proceeds Purposes Tilera intends to use this round of funding to … Continue reading “Tilera Receives $45,000,000 New Financing”

Kony Solutions Obtains $19,100,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=71aaaec3-a0b3-43a4-b655-df0e367ea7b5&Preview=1 Date 1/18/2011 Company Name Kony Solutions Mailing Address 1825 S. Grant St. San Mateo, CA 94402 Company Description Kony Solutions is the only mobile application platform provider that enables companies to future proof their mobile apps from the constantly shifting device marketplace and its fragmented mobile customer base. Website http://www.konysolutions.com Transaction … Continue reading “Kony Solutions Obtains $19,100,000 Series A Funding Round”

Appcelerator Acquires Aptana for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d18067bc-0f9b-4e20-8298-4a95e6bb1963&Preview=1 Date 1/18/2011 Company Name Aptana Mailing Address 1450 Fashion Island Blvd. San Mateo, CA 94404 Company Description Aptana is the leading provider of infrastructure for Web developers who produce rich, interactive Web sites and applications using scripting languages like JavaScript, PHP, and Ruby. Aptana’s End-to-End Ajax vision means that developers can … Continue reading “Appcelerator Acquires Aptana for Undisclosed Sum”

Mixbook Acquires Scrapblog for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3fbe67f1-07f7-4b1f-917c-a6221778dfd3&Preview=1 Date 1/18/2011 Company Name Scrapblog Mailing Address 110 Sutter Street San Francisco, CA 94104 Company Description We created Scrapblog because we wanted to go beyond sharing our photos and videos online. We made Scrapblog drag-and-drop-easy so that everyone can tell their stories and create beautiful multimedia scrapbooks. Our goal is to … Continue reading “Mixbook Acquires Scrapblog for Undisclosed Sum”

Scribd Garners $13,000,000 Series C Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=223b6338-9222-4e7f-80da-c4e9737d8eb4&Preview=1 Date 1/18/2011 Company Name Scribd Mailing Address 211 Sutter Street Second Floor San Francisco, CA 94108 Company Description Scribd lets you publish and discover documents online. It is like a big online library where anyone can upload. We make use of a custom Flash document viewer that lets you display documents … Continue reading “Scribd Garners $13,000,000 Series C Financing Round”

FanBridge Obtains $2,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=789eba28-c226-4730-8d84-0b05f785161d&Preview=1 Date 1/18/2011 Company Name FanBridge Mailing Address 20 W. 20th St. Sixth Floor New York, NY 10011 Company Description The company provides an online service for individuals and businesses to manage their social network relationships. Website http://www.fanbridge.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “FanBridge Obtains $2,000,000 New Funding”

Adobe Systems Acquires Demdex for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=813b891d-0ff0-4504-8c98-b6c33f8b2297&Preview=1 Date 1/18/2011 Company Name Demdex Mailing Address 460 W. 34th St 14th Floor New York, NY 10001 Company Description The company operates an online demographic data exchange. Website http://www.demdex.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed.

NEOS GeoSolutions Garners $60,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c776b07c-12db-410e-84fa-7035fafdeea3&Preview=1 Date 1/18/2011 Company Name NEOS GeoSolutions Mailing Address 1880 South Dairy Ashford Houston, TX 77077 Company Description NEOS is a solutions-oriented geosciences company that is a leader in the emerging field of multi-measurement subsurface interpretation. Our mission is to help our clients in the onshore oil & gas and mining industries … Continue reading “NEOS GeoSolutions Garners $60,000,000 New Financing”

Emerus Hospital Partners Lands $30,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=20036058-b98f-4c91-ba36-b9b3ec8ceda5&Preview=1 Date 1/18/2011 Company Name Emerus Hospital Partners Mailing Address 10077 Grogan’s Mill The Woodlands, TX 77380 Company Description Emerus is a revolutionary new concept in emergency medicine. By very careful design, we have created a special place where you and your family can count on us to provide the highest level … Continue reading “Emerus Hospital Partners Lands $30,000,000 New Round”

KLD Energy Technologies Obtains $10,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=59d849b8-a72c-4acf-b66a-bf9c1905b69d&Preview=1 Date 1/18/2011 Company Name KLD Energy Technologies Mailing Address 1611 Headway Circle Austin, TX 78754 Company Description KLD Energy Technologies is transforming transportation and decreasing pollution through high-performance electric motor systems that enable the production of highly efficient, environmentally friendly two- and three-wheeled vehicles. Website http://www.kldenergy.com Transaction Type Venture Equity Transaction … Continue reading “KLD Energy Technologies Obtains $10,000,000 New Round”

Ekos Wins European Approval for Ultrasound Clot Buster in the Lungs

Ekos, the Bothell, WA-based maker of an ultrasound-based technology for dissolving blood clots, has won approval to market its device against life threatening clots in the lungs among patients in Europe. The Ekosonic system, which we wrote about in these pages a year ago, has won approval from regulators in the European Union as a … Continue reading “Ekos Wins European Approval for Ultrasound Clot Buster in the Lungs”

Sanford-Burnham Strikes Deal With J&J, Second Big Pharma Alliance in a Month

The Sanford-Burnham Medical Research Institute has struck its second big deal with a Big Pharma company in the past month. The San Diego-based nonprofit is announcing today it has formed a new collaboration with Ortho-McNeil-Janssen Pharmaceuticals, a unit of Johnson & Johnson (NYSE: [[ticker:JNJ]]), to discover new drugs for Alzheimer’s disease and major psychiatric disorders. … Continue reading “Sanford-Burnham Strikes Deal With J&J, Second Big Pharma Alliance in a Month”

Web Analytics Wednesday in San Diego

Boston, MA-based SiteSpect, a leading provider of non-intrusive multivariate testing and behavioral targeting technology, is sponsoring a networking event for web analytics and online marketing professionals. Eric J. Hansen, Founder and CEO of SiteSpect, will speak on the best practices in optimizing web performance via testing and targeting. The event is being hosted by Michele … Continue reading “Web Analytics Wednesday in San Diego”

Boston Vs. New York: Tech Startups and Investors Add New Spice to Classic Rivalry

I’ll come right out and say it: I hate New York. OK, maybe it’s worse during football and baseball season. Maybe it’s especially bad this week as the J-E-T-S and their loudmouth coach (see right) are talking trash about the Pats. Maybe I just need an excuse to wind people up. But tech investors love … Continue reading “Boston Vs. New York: Tech Startups and Investors Add New Spice to Classic Rivalry”

Seattle Genetics Gets Some Love on National TV, as Cancer Drug Nears Market

One emerging biotech company in Seattle gets a lot of national attention, and it isn’t Seattle Genetics. So while the regional drama king (Dendreon) grabbed headlines again today by raising $540 million, the lesser known folks at Seattle Genetics (NASDAQ: [[ticker:SGEN]]) took their turn in the limelight this week, in an appearance on CNBC. The … Continue reading “Seattle Genetics Gets Some Love on National TV, as Cancer Drug Nears Market”

Dogpatch Labs Cambridge Moving to New Kennel—But Will Still Be in Kendall Square

Dogpatch Labs Cambridge, the tech startup incubator run by Polaris Venture Partners, is moving out of its space in the American Twine Building on Third Street, Xconomy has learned from multiple sources. The original tip came from a Dogpatch resident who shall remain nameless. After being contacted by us, Paul Jin, founder of Plummelo and … Continue reading “Dogpatch Labs Cambridge Moving to New Kennel—But Will Still Be in Kendall Square”

Scenes from JP Morgan 2011: The Photo Gallery

The marathon biotech schmoozefest known as the JP Morgan Healthcare Conference is officially over, and I’ll say two things first off. Wow, it was fun. And wow, I’m glad to be home. Xconomy’s bookkeeper will surely get a chuckle out of what my Amex card says about my activity this week in San Francisco’s Union … Continue reading “Scenes from JP Morgan 2011: The Photo Gallery”

Index Ventures Expanding to Bay Area

Index Ventures, a European life sciences and technology venture investing firm with offices in Geneva, London, and Jersey, plans to open a Bay Area office, according to a blog post today by London-based partner Mike Volpi, who will head the new outpost together with partner Danny Rimer. About a third of Index Venture’s 173 portfolio … Continue reading “Index Ventures Expanding to Bay Area”

Fundamentals of Writing a Business Plan

This seminar will take a look at what elements go into a business plan, including market research, marketing, finance, operations, and management, and will provide tools for attendees to draft their own plan there. Register here.

Dendreon Rakes in $540M to Seize Opportunity for Provenge in U.S., Europe

Seattle-based Dendreon (NASDAQ: [[ticker:DNDN]]) said today it has pulled in $540 million in new capital, through a debt offering that can be converted into stock. Dendreon, the maker of an immune-boosting therapy for prostate cancer, will have to pay back the debt, plus about 2.9 percent interest, by January 2016, although the debt can be … Continue reading “Dendreon Rakes in $540M to Seize Opportunity for Provenge in U.S., Europe”

Michigan Energy Forum: Renewable Energy Systems

This Ann Arbor Spark event will feature a panel to discuss the business opportunities surrounding renewable energy. Speakers will come from the Michigan Energy Office, Greenovation TV, and the Michigan Public Service Commission’s Renewable Energy division. Register here.

One Big Cancer Story from 2010, and Four Trends to Watch in 2011

Top innovative news from 2010: • Amgen’s 147 trial was the first study to ever show a delay in the onset of bone metastases in men with prostate cancer, for the denosumab (Xgeva) investigational clinical program. This result showed that you can prevent or delay skeletal metastases by making the bone microenvironment an inhospitable place … Continue reading “One Big Cancer Story from 2010, and Four Trends to Watch in 2011”

Liprotamase Drug Slowed by FDA Panel

Eli Lilly (NYSE: [[ticker:LLY]]) announced today that an FDA advisory panel recommended that the agency not approve liprotamase, a pancreatic enzyme replacement therapy that Lilly acquired when it bought Cambridge, MA-based Alnara Pharmaceuticals last summer. The panel, whose recommendations the FDA is not required to follow, questioned the effectiveness of the drug and recommended that Lilly … Continue reading “Liprotamase Drug Slowed by FDA Panel”

The Instapaper Effect-Or, The Dilemma of Long-Form Writing on the Web

goat-choker (n.) An article of inordinate and suffocating length, produced to gratify the vanity of the author and the aspirations of the publication. (John McIntyre) I regularly write articles that, by Web standards, are obscenely long. My November article on ShopWell was 6,500 words long, and my series last week on Google’s mobile ambitions ran … Continue reading “The Instapaper Effect-Or, The Dilemma of Long-Form Writing on the Web”

From Bordeaux to San Diego: Portable Genomics on the Move

Fresh on the heels of advances in genome sequencing announced by Illumina and Complete Genomics earlier this week (and by Life Technologies last month), a French scientist tells me he is moving his startup, Portable Genomics, to San Diego. Patrick Merel, a molecular biologist in Bordeaux, tells me by e-mail he has applied for an … Continue reading “From Bordeaux to San Diego: Portable Genomics on the Move”

TripIt’s Short Trip to a $120M Exit: A Travelogue from CEO Gregg Brockway

San Francisco-based TripIt has some very happy investors right now. As I wrote yesterday, Redmond, WA-based travel management software company Concur (NASDAQ: [[ticker:CNQR]]) has agreed to buy TripIt for $82 million in cash and stock plus up to $38 million in contingent payments between now and 2013; the startup had raised less than $13 million … Continue reading “TripIt’s Short Trip to a $120M Exit: A Travelogue from CEO Gregg Brockway”