This U.S.-wide tour educating smaller companies on how to use technology to enhance their businesses is making a stop in Boston this month. Sessions will focus on cloud computing, mobile, social media, digital marketing, and more. Register here.
**SOLD OUT**Xconomy Forum: 5×5-Five Cities, Five Big Tech Ideas
What are the next big ideas in technology, and where are they coming from? How will they rock your world? And how are entrepreneurs and investors building viable businesses around them? Xconomy has canvassed its national network for the most potentially transformative tech ideas—across mobile, software, hardware, energy, robotics, Internet, and more—and we are inviting … Continue reading “**SOLD OUT**Xconomy Forum: 5×5-Five Cities, Five Big Tech Ideas”
Kleiner Perkins Unveils sFund
In a press conference at Facebook headquarters in Palo Alto, CA, yesterday, leading Silicon Valley venture firm Kleiner Perkins Caufield & Byers announced the formation of the sFund, a $250 million investing fund that will be reserved for startups building social Web applications and services. The fund will consist mainly of contributions from KPCB’s limited … Continue reading “Kleiner Perkins Unveils sFund”
10 Fantastic Photo Apps for the iPad
The Apple iPad doesn’t have a camera—yet. But it does have a big, beautiful, multi-touch screen. And that makes it one of the best devices ever built for browsing and manipulating images. Mobile app developers have realized this, and have created a profusion of fascinating apps for editing or simply exploring photographs. In fact, there … Continue reading “10 Fantastic Photo Apps for the iPad”
Aastrom Maps Out Pivotal Trial Strategy With Adult Stem Cell Therapy
Biotech is one of the most regulated businesses on the planet, so it’s clear that if Aastrom Biosciences is going to get anywhere, it had better have a good strategy for working with U.S. drug regulators. This week, the Ann Arbor, MI-based company took a couple of important steps in the direction that investors like … Continue reading “Aastrom Maps Out Pivotal Trial Strategy With Adult Stem Cell Therapy”
Alkermes Drops on FDA Rejection, Glaxo’s SR One Backs Dicerna, Biogen Reworks Genentech Alliance, & More Boston-Are Life Sciences News
It was a busy New England area life sciences news week, with headlines of drug collaborations, failed applications with the FDA, clinical trial results, plus some lengthier profile stories. —Providence, RI-based Shape Up The Nation is using social networking to invite people’s friends to encourage them to eat better and make healthier choices, Ryan wrote. … Continue reading “Alkermes Drops on FDA Rejection, Glaxo’s SR One Backs Dicerna, Biogen Reworks Genentech Alliance, & More Boston-Are Life Sciences News”
Exelixis Seeks to Exit Doghouse, Sangamo Morphs Into Drugmaker, Siluria Adds $13M, & More Bay Area Life Sciences News
This week we ran a couple of features about Bay Area biotechs known as scientific hothouses, which have been testing the patience of investors who want them to become real drugmakers. —Mike Morrissey, the CEO of South San Francisco-based Exelixis (NASDAQ: [[ticker:EXEL]]), talked about how he’s been trying to get the company “out of the … Continue reading “Exelixis Seeks to Exit Doghouse, Sangamo Morphs Into Drugmaker, Siluria Adds $13M, & More Bay Area Life Sciences News”
10 Fantastic Photo Apps for the iPad
NEXT APP >> 1. Alive Albums — Levity Novelty, $1.99 — Considering that Facebook is the world’s largest photo sharing site, it’s odd that there aren’t more ways to browse your own images and especially those uploaded by your friends. That’s what Alive Albums helps with, and it couldn’t be simpler. Connect the app to … Continue reading “10 Fantastic Photo Apps for the iPad”
MassChallenge Awards $1M to 16 Startups Across IT, Cleantech, Retail, and Healthcare (Also Some Words of Wisdom from Steve Case)
It was a packed house at the MassChallenge finals last night in Boston’s Seaport District. Business luminaries such as Desh Deshpande, Steve Case, Josh Boger, Brad Feld, and Greg Bialecki were in attendance. And Boston mayor Tom Menino kicked things off by emphasizing that, especially compared with other innovation clusters around the country, “what Boston … Continue reading “MassChallenge Awards $1M to 16 Startups Across IT, Cleantech, Retail, and Healthcare (Also Some Words of Wisdom from Steve Case)”
Dicerna Pharmaceuticals Secures $4,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3be9be83-0ffd-41d9-8912-69b03ef3446d&Preview=1 Date 10/22/2010 Company Name Dicerna Pharmaceuticals Mailing Address 480 Arsenal Street Building 1 Watertown, MA 02472 Company Description Dicerna Pharmaceuticals is a venture-backed startup developing novel therapeutics in multiple therapeutic areas based on Dicer substrate technology, which makes use of the RNA interference mechanism. Website http://www.dicerna.com Transaction Type Venture Equity Transaction … Continue reading “Dicerna Pharmaceuticals Secures $4,000,000 Series B Round”
Advanced Cardiac Therapeutics Obtains $1,197,944 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=160dce05-e0bb-4d2d-82cc-625ddaeff0cc&Preview=1 Date 10/22/2010 Company Name Advanced Cardiac Therapeutics Mailing Address 1278 Glenneyre Laguna Beach, CA 92651 Company Description Advanced Cardiac Therapeutics, Inc. develops and manufactures products for use in electrophysiology based on microwave radiometry technology. Its products provide real-time feedback of energy delivered by catheters during cardiac ablation procedures. The company has … Continue reading “Advanced Cardiac Therapeutics Obtains $1,197,944 New Round”
Solarflare Communications Secures $5,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cbc51e32-ab44-48f1-bf04-71b109f27ae1&Preview=1 Date 10/22/2010 Company Name Solarflare Communications Mailing Address 9501 Jeronimo Road Irvine, CA 92618 Company Description Solarflare Communications Inc. is a leading silicon vendor delivering Ethernet products that enable the rapid adoption of 10 Gigabit for data center and enterprise networks. Our products include 10GBASE-T PHYs and high-performance Ethernet controllers. Website … Continue reading “Solarflare Communications Secures $5,000,000 New Round”
GigaOmniMedia Obtains $2,500,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=17295dd7-387f-4b9b-a14e-0f653b80f39a&Preview=1 Date 10/22/2010 Company Name GigaOmniMedia Mailing Address Undisclosed San Francisco, CA 94000 Company Description GigaOmniMedia’s network of sites provide one of the leading daily online news reads for the key influencers in the emerging technology market place. We deliver technology news, analysis and opinions on topics ranging from broadband and online … Continue reading “GigaOmniMedia Obtains $2,500,000 New Funding”
Offers.com Garners $7,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4eccd218-28ac-421a-995c-78d3ac93a3d7&Preview=1 Date 10/22/2010 Company Name Offers.com Mailing Address 3721 Executive Center Dr. Austin, TX 78731 Company Description The company operates an online coupon and offers website. Website http://www.offers.com Transaction Type Venture Equity Transaction Amount $7,000,000 Transaction Round Undisclosed Proceeds Purposes The financing is a growth equity round. M&A Terms Venture Investor Susquehanna … Continue reading “Offers.com Garners $7,000,000 New Financing”
Xconomy Meetup: Featuring Chris Rivera
Please join Xconomy’s national biotech editor, Luke Timmerman, for the next installment of “Xconomy Meetup.” This will be a free and open conversation at a local bar, in which readers can come have an informal chat with Xconomy editors about what’s new and interesting in the local innovation scene. The next Xconomy Meetup will be … Continue reading “Xconomy Meetup: Featuring Chris Rivera”
Biogen, Genentech Revamp Alliance
Weston, MA-based Biogen Idec (NASDAQ: [[ticker:BIIB]]) and South San Francisco-based Genentech said today they are restructuring an alliance to co-develop new antibodies against CD20, the same cellular target of the hit cancer drug rituximab (Rituxan). Under the amended partnership, Genentech will pay the full costs of developing ocrelizumab for multiple sclerosis, and keep most of … Continue reading “Biogen, Genentech Revamp Alliance”
Michael Moritz Unplugged: Jamming with a VC Star at Xconomy’s First San Francisco Event
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 “Michael Moritz Unplugged: Jamming with a VC Star at Xconomy’s First San Francisco Event”
Cerenis Adds $13.9M to C Round
Cerenis Therapeutics, a biotech based in Ann Arbor, MI and Toulouse, France, said today that it has raised an additional $13.9 million in its Series C funding round. The first closing of the round was announced in July. The new capital, which came from the investment group IRDI-IXO and undisclosed private investors, brings the Series … Continue reading “Cerenis Adds $13.9M to C Round”
EMC’s Innovation Steward: CTO Jeff Nick Talks Company Strategy Amid Soaring Profits, Rumors of Big Acquisition
It has been a ridiculously busy week for EMC—and for everyone else, it seems. For starters, the Hopkinton, MA-based data storage giant (NYSE: [[ticker:EMC]]) announced record quarterly revenues for the third quarter of 2010. Yesterday the firm hosted its fourth annual innovation conference from its center in Cork, Ireland—which amounted to a company-wide session on … Continue reading “EMC’s Innovation Steward: CTO Jeff Nick Talks Company Strategy Amid Soaring Profits, Rumors of Big Acquisition”
Roambi and Endeca Form Partnership
Cambridge, MA-based Endeca Technologies and Del Mar, CA-based Mellmo said today they have formed a strategic partnership to share their respective technologies, which are focused on mobile business intelligence applications. The companies plan to integrate their flagship products, Endeca Latitutde and Roambi ES3, which will give authorized users the ability to query a corporate database … Continue reading “Roambi and Endeca Form Partnership”
Metabolic Solutions Development Grabs Venture Dollars For Diabetes Drugs, Gets New CEO
It’s a happy day for Metabolic Solutions Development. The Kalamazoo, MI-based firm said today it has reeled in $23.5 million to fund development of its experimental drug for Type 2 diabetes and its other treatments for metabolic diseases. It also announced the appointment of Stephen Benoit as its new chief executive. Hopen Life Sciences, a … Continue reading “Metabolic Solutions Development Grabs Venture Dollars For Diabetes Drugs, Gets New CEO”
RPI Raises $5M More from Riverlake Partners, Huntington Capital
Tukwila, WA-based digital-to-physical media company RPI has raised an additional $5 million financing round led by Portland, OR-based Riverlake Partners, with participation from its previous investor, San Diego-based Huntington Capital, the company said today. RPI has quite an interesting story. One of the few veteran mid-sized companies left in the Seattle area, RPI has been … Continue reading “RPI Raises $5M More from Riverlake Partners, Huntington Capital”
HBA Boston: Looking Beyond Today to the Future of the Healthcare Industry and Pharmaceutical Sales
This event will explore the possible future of the healthcare industry, and in particular, the evolution of the pharmaceutical sales representative. The panel discussion will feature Charlotte Sibley, Shire Pharmaceuticals, Nancy Lurker, PDI Inc., and Nancy Wysenski, of Vertex Pharmaceuticals. Register here.
Tech Stories We Missed: A Roundup of Stories That May Not Have Made the News the First Time Around
It’s been quite a busy week here for Northwest-area technology companies and entrepreneurs. There haven’t been a particularly high number of straight deals, but while flipping through my notebook this week, I realized that there’s been a lot of smaller news that speaks to some interesting trends and happenings. —Portland, OR-based social e-commerce company ShopIgniter … Continue reading “Tech Stories We Missed: A Roundup of Stories That May Not Have Made the News the First Time Around”
MIT $100K Elevator Pitch Contest Finale Show
The Elevator Pitch Contest is a slice of MIT’s $100K Entrepreneurship Competition where participants pitch their business ideas in 60 seconds, without any materials like handouts or PowerPoint slides. They’ll compete for up to $10,000 in prizes. Come to the finale show to see the top performers in the six tracks: emerging markets, energy, life … Continue reading “MIT $100K Elevator Pitch Contest Finale Show”
TiE Boston: Bob Langer to Speak On “Building Successful Life Sciences Companies”
MIT inventor Bob Langer will speak at this event put on by The Indus Entrepeneurs (TiE) Boston organization. He’ll talk about new technologies in drug delivery, medical devices, and biotherapeutics. More information is here.
Kontiki Captures $10.7M
Sunnvale, CA-based Kontiki, a 10-year-old startup that provides video hosting and communications services to large enterprises, said yesterday that it has raised $10.7 million in a Series B funding round led by MK Capital and joined by New World Ventures and Cross Creek Capital. The company said it would use the funds to expand product … Continue reading “Kontiki Captures $10.7M”
Minnow Raises $4.7M Under New CEO
Minnow Medical, which we profiled just over a year ago, has raised a total of $4.7 million through two separate financings, according to a statement yesterday. The lead investor in both transactions was Neomed Management of Switzerland, according to Minnow, which has a new CEO, Raymond W. Cohen, who has replaced founding CEO Tom Steinke. … Continue reading “Minnow Raises $4.7M Under New CEO”
Dicerna Gets Glaxo’s SR One to Join Investor Syndicate
[Corrected—10/22/10 at 6:25 am ET. See editor’s note] Watertown, MA-based Dicerna Pharmaceuticals said this morning it has brought in $4 million from SR One, the venture capital arm of London-based drug giant GlaxoSmithKline. The funding makes Glaxo’s SR One the latest big-name investor to buy into Dicerna’s new approach to silencing disease-related genes to treat … Continue reading “Dicerna Gets Glaxo’s SR One to Join Investor Syndicate”
Amylin Regroups From FDA Smackdown, CalciMedica Plans Trial of New Anti-Immune Drug, FDA Gives CareFusion Recall Highest Priority, & More San Diego Life Science News
FDA regulatory moves turned out to be the biggest news items over the past week, prompting San Diego’s Amylin Pharmaceuticals and CareFusion to respond separately to the agency’s actions. Get our latest assessment here, along with updates on venture funding, CEO pay, and the new museum-quality home for San Diego’s Avalon Ventures. —Investors hammered San … Continue reading “Amylin Regroups From FDA Smackdown, CalciMedica Plans Trial of New Anti-Immune Drug, FDA Gives CareFusion Recall Highest Priority, & More San Diego Life Science News”
Alnylam Seeks to Prove RNAi Skeptics Wrong After Layoffs, End of Novartis Deal
[Corrected—10/22/10 at 6:30 am ET. See editor’s note.] Those of us who follow Cambridge, MA-based Alnylam Pharmaceuticals (NASDAQ:[[ticker:ALNY]]]) have come to expect the biotech to land major deals with large drug makers related to its gene-silencing drugs. The firm’s pacts with Novartis, Roche, Takeda Pharmaceutical, and others have been the envy of the biotech industry … Continue reading “Alnylam Seeks to Prove RNAi Skeptics Wrong After Layoffs, End of Novartis Deal”
Zoho, Where Engineers Reign, Rewrites the Rules of Office Software
It would be easy to say that Zoho, whose online office productivity software has attracted 3 million users, is the worst nightmare for desktop software makers like Microsoft and even for a newer generation of Software-as-a-Service companies like Salesforce.com. But Zoho is more complicated than that. To figure in its competitor’s nightmares, Zoho would have … Continue reading “Zoho, Where Engineers Reign, Rewrites the Rules of Office Software”
Intellectual Ventures’ Med-Tech Foray, PATH Takes Ultra Rice to Africa, Mirador Gets FDA OK, & More Seattle-Area Life Sciences News
We had a hodgepodge of news this week on the biotech scene, with financings, an FDA approval, and an exclusive feature on what Nathan Myhrvold’s invention shop is doing in the medical device business. Get caught up here. —Cell Therapeutics (NASDAQ: [[ticker:CTIC]]), the Seattle-based cancer drug developer, raised $21 million through the sale of preferred … Continue reading “Intellectual Ventures’ Med-Tech Foray, PATH Takes Ultra Rice to Africa, Mirador Gets FDA OK, & More Seattle-Area Life Sciences News”
Compendia Bioscience Morphs Into Big Pharma’s Cancer Genomics Partner
Compendia Bioscience has evolved significantly since it spun out of the University of Michigan with its cancer genomics research software four years ago. Instead of just selling software and moving on to the next customer, Compendia co-founder and CEO, Daniel Rhodes, says that his firm has prospered by forming close ties to pharmaceutical companies that … Continue reading “Compendia Bioscience Morphs Into Big Pharma’s Cancer Genomics Partner”
With Boston Pilot Project, Next Step Living Aims to Show Energy Efficiency Retrofits Aren’t Only for the Wealthy
Retrofitting homes for energy efficiency may not be as expensive or unattainable as consumers may think, says Next Step Living founder and CEO Geoff Chapin. His Boston-based startup is working to bring energy improvements to more households by helping consumers making sense of the array of rebates and financial incentives available for such home renovations, … Continue reading “With Boston Pilot Project, Next Step Living Aims to Show Energy Efficiency Retrofits Aren’t Only for the Wealthy”
Unsubscribe.com Secures $2,100,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c0737912-a8bc-4c7b-b31a-1af79e2f25dd&Preview=1 Date 10/21/2010 Company Name Unsubscribe.com Mailing Address 15332 Antioch St. Pacific Palisades, CA 90272 Company Description The company operates an Internet service that allows users to unsubscribe from e-mail lists. Website http://www.unsubscribe.com Transaction Type Venture Equity Transaction Amount $2,100,000 Transaction Round Series A Proceeds Purposes The company has recently launched its … Continue reading “Unsubscribe.com Secures $2,100,000 Series A Funding Round”
Connexity Lands New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=48664bfb-31f5-40a1-b9f4-2c6688f4a214&Preview=1 Date 10/21/2010 Company Name Connexity Mailing Address Undisclosed Undisclosed, CA 93101 Company Description Connexity is introducing advertisers and publishers to audience networking and cross-channel connectivity. Connexity applies social networking architecture, recommendation engine learning, and best-of-breed targeting & optimization technology to media representation and media buying. Website http://www.connexityllc.com Transaction Type Venture Equity … Continue reading “Connexity Lands New Financing”
Adesso Solutions Lands $6,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3fa45cb5-2465-423e-9b08-d7049a44727f&Preview=1 Date 10/21/2010 Company Name Adesso Solutions Mailing Address 3701 Algonquin Rd. Rolling Meadows, IL 60008 Company Description Adesso Solutions is a leading integrated technology solutions provider primarily serving the Consumer Goods industry. Our solution suite is the best of the Adesso Solutions’ TradeAdvantage and Gelco TMG product offerings delivered on a … Continue reading “Adesso Solutions Lands $6,000,000 New Financing Round”
ShopSocially Receives $1,100,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=112fd199-c6a2-4072-b0ba-2d6e1e7b6849&Preview=1 Date 10/21/2010 Company Name ShopSocially Mailing Address 339 N. Bernardo Ave. Mountain View, CA 94043 Company Description The company operates an innovative social shopping platform for consumers — their friends for shopping recommendations. Website http://www.shopsocial.ly Transaction Type Venture Equity Transaction Amount $1,100,000 Transaction Round Series A Proceeds Purposes The company has … Continue reading “ShopSocially Receives $1,100,000 Series A Funding Round”
Aurora Feint Secures $3,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=74055fe7-ef8f-48f3-89df-682c65a445f9&Preview=1 Date 10/21/2010 Company Name Aurora Feint Mailing Address 330 Primrose Rd. Burlingame, CA 94010 Company Description Aurora Feint Inc. develops mobile games and operates OpenFeint, a leading mobile social platform and application for smartphones. OpenFeint includes a set of online game services such as leaderboards and achievements running in a cloud … Continue reading “Aurora Feint Secures $3,000,000 New Financing Round”
MBA Polymers Garners $18,400,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=33a730fa-bf8a-430f-9431-a734a08c8ba2&Preview=1 Date 10/21/2010 Company Name MBA Polymers Mailing Address 500 West Ohio Avenue Richmond, CA 94804 Company Description Welcome to the web site of MBA Polymers, a recognized leader at recycling engineering plastics from complex waste streams and end-of-life durable goods such as appliances, computer and business equipment, automobiles, and even sporting … Continue reading “MBA Polymers Garners $18,400,000 New Round”
Dream it! Launch it! Live it! Seattle Conference for Women Entrepreneurs
Join local celebrity speakers including Danielle LaPorte, Marianne Scholl, Lily Jang and Elisa Camahort Page (plus a broadcast of Joan Lunden and Dr. Martha Beck in NYC) who will deliver advice and tools on women entrepreneurship. The events will engage women to manifest the best version of themselves – as women, as leaders, and entrepreneurs … Continue reading “Dream it! Launch it! Live it! Seattle Conference for Women Entrepreneurs”
Extrabux and Inuvo Form Partnership
Exrabux, the San Diego online retailing startup, Inuvo (NYSE Amex: [[ticker:INUV]]), the online technology services company based in Clearwater, FL, said today they have been working together to create BargainMatch, a comparison shopping application program interface (API). Financial terms of the arrangement were not disclosed. In a statement, the companies said they are working as … Continue reading “Extrabux and Inuvo Form Partnership”
Goby Grabs $2.5M More
Goby, a Boston event- and activity-based search engine startup, has raised $2.5 million in new venture financing from existing investors Kepha Partners and Flybridge Capital Partners. The news was reported today by TechCrunch, which also reports that Goby has raised a total of $7.5 million to date. Xconomy first wrote about Goby’s local-search approach to … Continue reading “Goby Grabs $2.5M More”
Genzyme Cancer Treatment Doubles Remission Rate
Cambridge, MA-based Genzyme (NASDAQ:[[ticker:GENZ]]) reported data today from its late-stage clinical trial that compared its drug clofarabine (Clolar) in combination with chemotherpy with chemotherapy and placebo. The firm said that patients in clofarabine-chemotherapy treatment combo arm of the study did not live longer than those in the chemotherapy and placebo arm, but the clofarabine group … Continue reading “Genzyme Cancer Treatment Doubles Remission Rate”
Optify Raises $6.1M More From Triangle Peak, Madrona, and Angels
Seattle-based search engine optimization (SEO) and social media software startup Optify has raised $6.1 million in a Series B round led by Triangle Peak Partners, the company said today. Seattle-based Madrona Venture Group, and a number of prominent angel investors, including Upstage Ventures founder Mark Wachen, former Microsoftie Bill Baker, Alexrod Capital Management founder Alan … Continue reading “Optify Raises $6.1M More From Triangle Peak, Madrona, and Angels”
Spark Capital Gathers $360M Worth of Kindling, 1366 Technologies Nabs $20M, NinePoint Medical Pinpoints $33M, & More Boston-Area Deals News
IT companies dominated this week’s deals news in New England. Here are some highlights. —Online videogame maker Quick Hit raised $2.5 million in equity financing, according to an SEC filing. The Foxborough, MA-based startup, which has a deal with the National Football League to used official team names, logos, and uniforms for its football role-playing … Continue reading “Spark Capital Gathers $360M Worth of Kindling, 1366 Technologies Nabs $20M, NinePoint Medical Pinpoints $33M, & More Boston-Area Deals News”
Avalon Ventures’ Kevin Kinsella Remakes Private Copley Library in La Jolla
Kevin Kinsella moved to San Diego with his Ford Pinto in 1978. He still remembers driving shakily past the private library of newspaper publisher James S. Copley in the tony enclave of La Jolla, and thinking, “Wow.” To Kinsella, who graduated from MIT in 1967 with an undergraduate degree in management, “It looked like one … Continue reading “Avalon Ventures’ Kevin Kinsella Remakes Private Copley Library in La Jolla”
$8.6M for Revolution Analytics
Palo Alto, CA-based Revolution Analytics, which provides software and support to users of the open source R statistics language, has raised $8.62 million in a round of equity-based financing, according to a regulatory filing this week. The investors were not disclosed. Formerly known as Revolution Computing and formerly based in New Haven, CT, and Seattle, … Continue reading “$8.6M for Revolution Analytics”
Cell Therapeutics Adds $21M
Cell Therapeutics (NASDAQ: [[ticker:CTIC]]), the Seattle-based developer of cancer drugs, said today it has raised $21 million through a securities offering to four institutional investors. The investors will get preferred stock worth the equivalent of 56.7 million shares of common stock, and warrants to buy another 22.7 million shares of common stock. Cell Therapeutics struck … Continue reading “Cell Therapeutics Adds $21M”