Zuberance Lands $8,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c445d32c-4aba-4dda-aba6-3aa6bc72dea5&Preview=1 Date 10/26/2010 Company Name Zuberance Mailing Address 628 El Camino Real San Carlos, CA 94070 Company Description Zuberance is an enterprise social commerce software company with a ground-breaking, on-demand Customer Salesforce Solution that turns loyal customers into a Volunteer Salesforce. Zuberance enables companies to identify their highly-satisfied customers and mobilize them … Continue reading “Zuberance Lands $8,000,000 Series B Funding”

Panzura Secures $11,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b790ea0f-c5c5-4e52-abdd-46f7b1303830&Preview=1 Date 10/26/2010 Company Name Panzura Mailing Address 22 Great Oaks Blvd. San Jose, CA 95119 Company Description Panzura is a storage software company whose vision is to enable cloud storage to be faster and more secure than local tier 1 storage. Website http://www.panzura.com Transaction Type Venture Equity Transaction Amount $11,000,000 Transaction … Continue reading “Panzura Secures $11,000,000 New Round”

AppMakr Garners $1,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cd7f3cc5-4d1a-4df1-a671-5153f7f70f7a&Preview=1 Date 10/26/2010 Company Name AppMakr Mailing Address 153 Townsend St. San Francisco, CA 94107 Company Description The company provides service that enables users to create an iPhone application quickly and easily. Website http://www.appmakr.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “AppMakr Garners $1,000,000 New Financing Round”

Cloudera Garners $25,000,000 Series C Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=45dd4fcb-b7cc-4059-aae6-85cc3d65a9ab&Preview=1 Date 10/26/2010 Company Name Cloudera Mailing Address 1409 Chapin Avenue Third Floor Burlingame, CA 94010 Company Description Cloudera was founded to provide enterprise-level support to users of Apache Hadoop. Our founding team has deep expertise in commercial use of open source software and Hadoop. Website http://www.cloudera.com Transaction Type Venture Equity Transaction … Continue reading “Cloudera Garners $25,000,000 Series C Funding”

Nanosys Garners $6,000,000 Series E Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=47448e2a-3ece-4326-a8e0-95800b1ebc2a&Preview=1 Date 10/26/2010 Company Name Nanosys Mailing Address 2625 Hanover Street Palo Alto, CA 94304 Company Description Nanosys Inc. is a leader in the development of nanotechnology-based products utilizing high performance inorganic nanostructures. Website http://www.nanosysinc.com Transaction Type Venture Equity Transaction Amount $6,000,000 Transaction Round Series E Proceeds Purposes The company said it … Continue reading “Nanosys Garners $6,000,000 Series E Financing Round”

Pelican Imaging Obtains $10,000,000 Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b537a307-7126-42ad-a41e-bbdf03fd48bc&Preview=1 Date 10/26/2010 Company Name Pelican Imaging Mailing Address 3929 Mainsail Pl Soquel, CA 95073 Company Description The company focused on commercializing computational cameras. Website http://www.pelicanimaging.com/ Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round Series B Proceeds Purposes The round – led by Globespan Capital Partners and joined by Granite Ventures, … Continue reading “Pelican Imaging Obtains $10,000,000 Series B Round”

RapLeaf Receives $15,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=34714e2d-72e1-4eb2-bcb6-eddd7dbb7d5a&Preview=1 Date 10/26/2010 Company Name RapLeaf Mailing Address 667 Mission Street, 4th Floor San Francisco, CA 94105 Company Description Rapleaf’s goal is to make it more profitable to be ethical. We encourage buyers, sellers, and swappers to rate one another. We also encourage people to endorse their friends. Building a reputation is … Continue reading “RapLeaf Receives $15,000,000 New Funding”

Appcelerator Obtains $9,000,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=458feb60-90b9-4428-92b9-9e31ee6a1ef5&Preview=1 Date 10/26/2010 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 Obtains $9,000,000 Series B Funding Round”

TxVia Receives $27,500,000 Series D Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9494425d-8384-4f5b-a697-964e532ef878&Preview=1 Date 10/26/2010 Company Name TxVia Mailing Address 340 Madison Ave. 3rd Floor New York, NY 10017 Company Description TxVia,Inc. a pioneer in prepaid card processing technology. Website http://www.txvia.com Transaction Type Venture Equity Transaction Amount $27,500,000 Transaction Round Series D Proceeds Purposes The latest funding provides TxVia with expanded resources to respond … Continue reading “TxVia Receives $27,500,000 Series D Round”

Sustainable Leadership: What Is It and What Do You Do With It?

Does sustainability really matter in business? What can we learn from Dow Chemical, or BASF? How can you as a business leader turn sustainability into business opportunities? CleanTalk San Diego has organized this program to gather leaders who are committed to more than just “business as usual.” The presentation and discussion is intended to help … Continue reading “Sustainable Leadership: What Is It and What Do You Do With It?”

Trend in Q3 Venture Data From Dow Jones Falls in Line

The quarterly venture capital survey by Dow Jones VentureSource was released earlier today, showing a trend that’s generally in line with data previously reported by CB Insights and The MoneyTree Report. Dow Jones says venture-backed companies in the U.S. raised $5.5 billion in the third quarter—a 5 percent drop in funding from the $5.8 billion … Continue reading “Trend in Q3 Venture Data From Dow Jones Falls in Line”

Recruiting.com Acquired by Jobing

Seattle-based Recruiting.com (formerly called Jobster) has been acquired by Phoenix, AZ-based employment website Jobing, according to a report by TechFlash. The financial terms of the deal were not disclosed. Recruiting.com was founded in 2004 and has raised more than $50 million in venture capital from Bellevue, WA-based Ignition Partners, Trinity Ventures, Reed Elsevier Ventures, and … Continue reading “Recruiting.com Acquired by Jobing”

Grab a Beer With Me and Chris Rivera Tuesday at Xconomy Meetup

The Xconomy Meetup was an experiment last month. Now I reckon it’s time to replicate the experiment. Tomorrow afternoon, Xconomy readers are welcome to break away from the lab or the desk to come join me and special guest Chris Rivera of the Washington Biotechnology & Biomedical Association for an informal meetup-style event. Regular Xconomy … Continue reading “Grab a Beer With Me and Chris Rivera Tuesday at Xconomy Meetup”

Zenprise Acquires Sparus

Zenprise, a Fremont, CA-based maker of software that help enterprise manage software on employee’s mobile phones, said today that it has acquired Sparus Software, a company in France that specializes in remote management of business applications on smartphones, tablet computers, card readers, and scanners. Terms of the acquisition were not disclosed. Zenprise collected $9 million … Continue reading “Zenprise Acquires Sparus”

ThingMagic Technology Bought by Location Firm Trimble—Terms and Future Unclear

This is big news for the Boston and MIT startup communities—and maybe for Silicon Valley tech observers too. Cambridge, MA-based ThingMagic said today its technology has been acquired by Trimble (NASDAQ: [[ticker:TRMB]]), a mobile and location tech firm based in Sunnyvale, CA. Terms of the deal weren’t given, and representatives from the companies weren’t immediately … Continue reading “ThingMagic Technology Bought by Location Firm Trimble—Terms and Future Unclear”

Fall Angel Education Workshop: Due Diligence and Deal Terms

The New England chapter of the Angel Capital Association (ACA) and the Angel Capital Education Forum (ACEF) will continue its series of Fall Angel Education workshops with this session on Due Diligence and Deal Terms. Led by leading investors from local angel investing groups, this Due Diligence and Deal Terms workshop aims to provide attendees with … Continue reading “Fall Angel Education Workshop: Due Diligence and Deal Terms”

TechAmerica SD Honors 11

Kevin Carroll, executive director of TechAmerica San Diego, sent over the list of winners from the 17th Annual High Tech Awards, which were announced Friday. The industry group (previously known as the AEA) bases its awards on such criteria as technological or business innovation, exceptional products or services, marketplace validation, perseverance, and community involvement. Winners … Continue reading “TechAmerica SD Honors 11”

13th Annual MIT VC Conference

The MIT Venture Capital Conference brings together venture capitalists, rising entrepreneurs, and industry leaders to discuss current opportunities and challenges in Venture Capital investing. This year’s conference theme, Here and Now, returns the focus to the entrepreneur and building successful companies in the present. Registration is here.

$2.5M for GigaOm

Giga Omni Media, owner of the GigaOm blog and a network of other tech blogs, has collected $2.5 million in new financing from existing investor True Ventures, where founder Om Malik is a partner. TechCrunch broke the news Friday, and it was later confirmed in a blog post by Malik, who says the funds will … Continue reading “$2.5M for GigaOm”

RGB Networks Raises $20M

Sunnyvale, CA-based RGB Networks has raised an additional $20 million in equity-based funding, according to an October 21 regulatory filing. The company makes video processors and converters that can deliver video signals to multiple platforms, such as TVs, computers, and mobile devices. RGB previously raised one of the largest venture rounds of the second quarter … Continue reading “RGB Networks Raises $20M”

Evernote Snags Sequoia, Kleiner Perkins Goes Social, Zuckerberg Speaks Out, & More Bay-Area BizTech News

Companies building cloud-based services got lots of attention last week, as did those building social applications. And companies building cloud-based social applications? Watch out! —Evernote, the Mountain View, CA-based online notekeeping service with nearly 5 million users, collected another $20 million in venture backing in a Series C round led by new investor Sequoia Capital. … Continue reading “Evernote Snags Sequoia, Kleiner Perkins Goes Social, Zuckerberg Speaks Out, & More Bay-Area BizTech News”

Tech CEO Pay Rises From 10-Year Low, Q3’s Biggest VC Deal Goes to SkinIt, Avalon Ventures Gets a New Headquarters in La Jolla & More San Diego BizTech News

Most of last week’s technology news was about deals—funding deals and partnership deals. Get your latest update here. —San Diego’s Avalon Ventures, which has been raising its ninth venture fund, has a new headquarters in the upscale community of La Jolla. Avalon founder Kevin Kinsella bought the ivy-covered Copley Library for a reported $3.75 million … Continue reading “Tech CEO Pay Rises From 10-Year Low, Q3’s Biggest VC Deal Goes to SkinIt, Avalon Ventures Gets a New Headquarters in La Jolla & More San Diego BizTech News”

Transcend Buys Spryance for $6.5M

Transcend Services (NASDAQ:[[ticker:TRCR]]), an Atlanta-based provider of medical transcription services, said on October 22 that it acquired Waltham, MA-based Spryance for $6.5 million. Spryance has doing business as Heartland since its acquisition of a company by that name in 2006. The Heartland business provides transcription services to about 55 hospitals as well as several surgical … Continue reading “Transcend Buys Spryance for $6.5M”

Omeros Nabs $25M from Paul Allen, State Life Sciences Fund to Pursue Elusive Drug Targets

Seattle-based Omeros has raked in $25 million for its drug discovery technology from a couple of unusual suspects—billionaire Paul Allen and Washington state’s Life Sciences Discovery Fund. Omeros (NASDAQ: [[ticker:OMER]]) is collecting $20 million from Allen’s investment operation, Vulcan Capital, along with a $5 million grant from the state fund that aspires to spur more … Continue reading “Omeros Nabs $25M from Paul Allen, State Life Sciences Fund to Pursue Elusive Drug Targets”

Antigenics, and its UCSF Champion, Stick With Immune Booster For Brain Cancer

Antigenics could easily have thrown in the towel on its immune boosting therapy for cancer. But now the Lexington, MA-based biotech company, with the help of one of its main backers at UC San Francisco, is gearing up to run a significant trial to see if its lead therapy has a shot as a treatment … Continue reading “Antigenics, and its UCSF Champion, Stick With Immune Booster For Brain Cancer”

The End of a Recession, the Beginning of a Talent Crunch

The longest recession in U.S. history officially ended in June of this year, according to the National Bureau of Economic Statistics. Yet people in Washington State, even in the technology sector, are still feeling the pinch. Between July and August of this year, our state lost more than 9,000 jobs, according to the U.S. Bureau … Continue reading “The End of a Recession, the Beginning of a Talent Crunch”

Arena Obesity Drug Fails to Win FDA Approval, May Need More Clinical Testing

Arena Pharmaceuticals (NASDAQ: [[ticker:ARNA]]) sent out some devastating news around midnight Pacific time on Friday. The San Diego-based biotech company, after about a dozen years of effort and $1 billion of investment, said the FDA had turned down its application to market a new drug to help people in the U.S. lose weight. Arena cited … Continue reading “Arena Obesity Drug Fails to Win FDA Approval, May Need More Clinical Testing”

PostEgram’s Facebook-By-Mail Service Bridges Generation Gap

The grandkids never call. They never write. They do something called Facebook on their laptops, and something called texting on their phones, but what good is that to a grandma who doesn’t have a computer or a cell phone? Enter PostEgram, a 6-month-old Detroit-based startup that wants to bridge the gap between the greatest generation … Continue reading “PostEgram’s Facebook-By-Mail Service Bridges Generation Gap”

Massachusetts Startups Raise $147M in 25 September Deals; Software Investments Surge

The activity around events in the Boston startup community rapidly picked up pace in September, but venture investments in Massachusetts tech and life sciences companies grew far more modestly. The equity investments last month totaled $146.8 million, up slightly from $143.6 million in August. The September money came in across a smaller number of deals … Continue reading “Massachusetts Startups Raise $147M in 25 September Deals; Software Investments Surge”

MediaFriends Receives $13,529,064 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d16b6ab6-f585-4f74-95e1-1930178cb09e&Preview=1 Date 10/25/2010 Company Name MediaFriends Mailing Address 120 Presidential Way, Third Floor Woburn, MA 01801 Company Description MediaFriends blends real-time communications and social media into personalized communities spread seamlessly across today’s multi-device world. Consumers want new ways to interact and communicate with their friends, so we deliver new ways to keep … Continue reading “MediaFriends Receives $13,529,064 New Funding Round”

Trimble Navigation Ltd Acquires ThingMagic for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4cf1ca2d-fc4d-4a26-a5bb-f2a764930de0&Preview=1 Date 10/25/2010 Company Name ThingMagic Mailing Address One Broadway 5th Floor Cambridge, MA 02142 Company Description ThingMagic is a privately held company headquartered in Cambridge, Massachusetts, specializing in RFID (radio frequency identification) readers, sensors, and other embedded and low cost computing technologies. Website http://www.thingmagic.com Transaction Type M&A Transaction Amount Undisclosed Transaction … Continue reading “Trimble Navigation Ltd Acquires ThingMagic for Undisclosed Sum”

Cleversafe Lands New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd026352-3a97-40f2-8ac9-012c757a3fd0&Preview=1 Date 10/25/2010 Company Name Cleversafe Mailing Address 224 N. Desplaines Street Chicago, IL 60661 Company Description Cleversafe is committed to storing the world’s data. It’s an ambitious goal, but one we think can be achieved through the open source development of innovative and useful technology. Website http://www.cleversafe.com Transaction Type Venture Equity … Continue reading “Cleversafe Lands New Round”

Cleversafe Secures $26,400,000 Series C Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=18d90148-14bf-41f3-b5bb-6911606cf00b&Preview=1 Date 10/25/2010 Company Name Cleversafe Mailing Address 224 N. Desplaines Street Chicago, IL 60661 Company Description Cleversafe is committed to storing the world’s data. It’s an ambitious goal, but one we think can be achieved through the open source development of innovative and useful technology. Website http://www.cleversafe.com Transaction Type Venture Equity … Continue reading “Cleversafe Secures $26,400,000 Series C Financing Round”

Kilimanjaro Energy Lands New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e74d2fe9-73d0-48dc-91e0-df2a7d45da6e&Preview=1 Date 10/25/2010 Company Name Kilimanjaro Energy Mailing Address 20875 Crossroads Cir. Waukesha, WI 53186 Company Description The company is developing economically efficient CO2 capture materials and prototypes. Website http://www.kilimanjaroenergy.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes The Company is developing advanced CO2 capture materials and prototypes … Continue reading “Kilimanjaro Energy Lands New Round”

RGB Networks Receives $20,000,001 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=50c50e88-2a6f-4c73-81e9-0776cd725cdb&Preview=1 Date 10/25/2010 Company Name RGB Networks Mailing Address 390 West Java Drive Sunnyvale, CA 94089 Company Description RGB Networks delivers extremely high-density, flexible video processing solutions that enable video service providers to deliver highly targeted and personalized video content at considerably lower costs than today’s solutions. Website http://www.rgbnetworks.com Transaction Type Venture … Continue reading “RGB Networks Receives $20,000,001 New Financing”

iCiX Obtains $6,000,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=147fd76b-47cc-4ade-b742-491a7b353c53&Preview=1 Date 10/25/2010 Company Name iCiX Mailing Address 951 Mariners Island Blvd San Mateo, CA 94404 Company Description iCiX is an online Industry Network that harmonizes the way in which companies can store, share and manage documentation, information and communications with other companies that they do business with; easily accurately and constantly. … Continue reading “iCiX Obtains $6,000,000 Series B Funding Round”

JungleCents Secures New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1452ee6e-f67a-49b7-9433-e169d6869393&Preview=1 Date 10/25/2010 Company Name JungleCents Mailing Address 1000 Marsh Road Menlo Park, CA 94025 Company Description Jungle Cents was formed upon the ideals of being social and innovative. The idea of giving consumers steep discounts for stores that they want to shop at is the basis of the platform. Jungle Cents … Continue reading “JungleCents Secures New Funding Round”

adap.tv Secures $4,549,992 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b1cf851c-4f01-4578-9acd-b9f4f864ec64&Preview=1 Date 10/25/2010 Company Name adap.tv Mailing Address One Waters Park Drive San Mateo, CA 94403 Company Description adap.tv provides a unique online video advertising platform that allows publishers and advertisers to match relevant advertising with online video content. The company uses advanced technology to analyze the video, audio and metadata to … Continue reading “adap.tv Secures $4,549,992 New Funding Round”

adapt.ly Secures $700,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d9f848fd-c2fc-4b56-be02-7b7385fe4899&Preview=1 Date 10/25/2010 Company Name adapt.ly Mailing Address 301 W. 53rd St. New York, NY 10019 Company Description Adapt.ly constantly monitors advertising data and provides actionable intelligence to constantly improve your ad campaigns. Website http://adapt.ly Transaction Type Venture Equity Transaction Amount $700,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “adapt.ly Secures $700,000 New Funding Round”

Aureon Biosciences Receives $8,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bc2d6e0c-7c5c-4ff9-8f58-988b38dbd7de&Preview=1 Date 10/25/2010 Company Name Aureon Biosciences Mailing Address 28 Wells Avenue Yonkers, NY 10701 Company Description Aureon Biosciences is a life science company founded in 2002, dedicated to enabling the advancement of predictive and personalized cancer treatment options. Website http://www.aureon.com Transaction Type Debt Transaction Amount $8,000,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Aureon Biosciences Receives $8,000,000 New Funding”

Xconomy Forum: Michael Moritz Unplugged

Michael Moritz, a partner at leading venture firm Sequoia Capital since 1986, has been described as the most powerful venture capitalist in Silicon Valley. Routinely ranked at or near the top of Forbes’ Midas List of wealth creators, Moritz has led Sequoia’s investments in Google, Yahoo, PayPal, YouTube, Zappos, Kayak, Sugar, and many other companies. … Continue reading “Xconomy Forum: Michael Moritz Unplugged”

Dendreon CEO at WBBA Meeting: State Should Reject Income Tax, Inspire Young Scientists

Dendreon CEO Mitch Gold has said for years that he wants to make his company the anchor tenant for Seattle biotech. Now that his company has had a breakout success, he’s clearly got the full attention of 700 members of the biotech community who met this morning, wanting to know what can be done to … Continue reading “Dendreon CEO at WBBA Meeting: State Should Reject Income Tax, Inspire Young Scientists”

Find The Investor of Your Dreams—For Free

There’s all sorts of wisdom about how to find folks to invest in your startup, ranging from the obvious to the slightly stalkerish. Approach investors who’ve supported companies like yours in the past. Go to startup school. Wait until a famous VC is stranded somewhere and give him a lift. In some ways, the most … Continue reading “Find The Investor of Your Dreams—For Free”

NewBay, Irish Mobile Software Company, Opens U.S. Headquarters in Seattle, Looks to Hire 100 People (and Take On Real, Motricity)

There’s a new mobile company in town—Dublin, Ireland-based NewBay Software, which is celebrating the opening of its new U.S. headquarters in Seattle today. The firm says it chose Seattle for its Americas headquarters because of the unique mobile and technological ecosystem here in the Pacific Northwest. NewBay, founded in 2002, sits in a tech sector … Continue reading “NewBay, Irish Mobile Software Company, Opens U.S. Headquarters in Seattle, Looks to Hire 100 People (and Take On Real, Motricity)”

Shots from the Front Row of Boston’s War on Cancer Event

Xconomy’s “Boston’s War on Cancer” forum on Wednesday delivered insights into some of the biggest questions about how scientists might be able to defeat one of the most fierce and complex diseases of our time, cancer. We heard some inspiring developments from Boston-area biotech chiefs whose companies are trying to make cancer treatments more precise, … Continue reading “Shots from the Front Row of Boston’s War on Cancer Event”

Proposition 23: Nothing More Than Misdirection

After giving my best attempt at an objective summary of Proposition 23 to a colleague, he asked rhetorically, “How can something like this even make it onto the ballot?” He was, of course, familiar with the process that allows any proposition that gathers enough signatures to make it to the ballot in, but the question … Continue reading “Proposition 23: Nothing More Than Misdirection”