This conference is out to connect entrepreneurs and other members of the area innovation landscape. The panel speakers include members from government organizations, investment firms, and startups in the cleantech and IT spaces. Networking sessions will punctuate the day, too. More information on the event is here.
Beringea, Women’s Angel Fund, and Resonant Venture Partners: An Investor Roundup
It’s shaping up to be a busy week for Michigan venture capital and angel investment news. —Dexter, MI-based ReCellular, an electronic waste company focused on collecting and recycling mobile phones, cameras, and other devices, said yesterday it has received an investment from Beringea. The amount of financing was not disclosed, but it was made through … Continue reading “Beringea, Women’s Angel Fund, and Resonant Venture Partners: An Investor Roundup”
InfraReDx Gets $21M to Launch Coronary Imaging System
Burlington, MA-based InfraReDx said today it has raised $21 million in a Series D round of equity financing from new and existing backers. The cash infusion will enable the firm to start U.S. sales of its latest-generation coronary imaging system, which gained FDA clearance this summer. The 12-year-old firm says that its “LipiScan IVUS” system … Continue reading “InfraReDx Gets $21M to Launch Coronary Imaging System”
DeNA to Buy Ngmoco for $403M
San Francisco-based iPhone game developer Ngmoco confirmed today on its blog that it will be acquired by DeNA, Japan’s largest maker of mobile games. DeNA said it would pay $403 million for the startup, making it one of the most lucrative exits ever for an iPhone app developer. Ngmoco said it would introduce a Western … Continue reading “DeNA to Buy Ngmoco for $403M”
TubeMogul Collects $10M
Emeryville, CA-based TubeMogul, which runs a platform for distributing pay-per-view video ads on the Web, said last week that it has closed a $10 million Series B venture financing round. Foundation Capital was in the lead, with existing investors Trinity Ventures and Knights Bridge Capital Partners also on board. “TubeMogul brings innovative technology and expertise … Continue reading “TubeMogul Collects $10M”
$17M for Stent Maker TriReme
TriReme Medical, a Pleasanton, CA-based developer of cardiovascular stents, catheters, and balloons, said this week that it has raised $17 million in Series D funding. The round was led by EDB Investments subsidiary Bio*One Capital of Singapore, with existing investors Three Arch Partners and Adams Street Partners also participating. “This investment will allow us to … Continue reading “$17M for Stent Maker TriReme”
But How Will It Affect Me? An Xconomy Forum on Consumers, Innovation, and Opportunities in Health IT
These are days of tremendous changes in healthcare, as legislative reforms take effect over the next four years in an effort to make healthcare available to everyone—and at a cost they can afford. At the same time, technology advances in Web-based services, wireless communications, and other information technologies offer new possibilities to lower health costs. … Continue reading “But How Will It Affect Me? An Xconomy Forum on Consumers, Innovation, and Opportunities in Health IT”
Battery Buys Data Innovations
Investment firm Battery Ventures, with offices in Waltham, MA and Menlo Park, CA, announced today that it has bought Data Innovations, a maker of software for managing clinical laboratory data. No financial terms of the transaction were revealed, but the purchase is Battery’s third acquisition of a healthcare software company in the last three years, … Continue reading “Battery Buys Data Innovations”
Architexa Grows Up at MassChallenge, Seeks to Help Developers “Understand” Complex Software
The MassChallenge global startup competition is in full swing. The 110 chosen companies have been pitching their wares over the past few days, trying to make the cut down to the 26 or so that will advance to the next round and compete for a piece of the $1 million prize. Architexa, a three-year-old company … Continue reading “Architexa Grows Up at MassChallenge, Seeks to Help Developers “Understand” Complex Software”
Qualcomm Ends Direct Flo TV Service, Chumby Gets New CEO and $3M in Venture Funding, Equifax Acquires Anakam, & More San Diego BizTech News
We had a lot of wireless news pile up in San Diego last week. Good thing we had the bandwidth here at Xconomy to bring it all together for you here. —Aneesh Chopra, the first federal chief technology officer of the United States, offered numerous examples of how the Obama Administration is opening government data … Continue reading “Qualcomm Ends Direct Flo TV Service, Chumby Gets New CEO and $3M in Venture Funding, Equifax Acquires Anakam, & More San Diego BizTech News”
Appature Snaps Up Startup Attorney, Eric Koester, To Help Run Fast-Growing Operation
Seattle-based Appature has signed up more new customers in the last nine months than it did in its first two and a half years in business, combined. Growth at that pace can drown a small company if it doesn’t put the right people, and right processes, in place to keep the operation running smoothly. So … Continue reading “Appature Snaps Up Startup Attorney, Eric Koester, To Help Run Fast-Growing Operation”
BuddyTV Bets the Company That TV Will Go Social on Smartphones and Tablets
Seattle-based BuddyTV got its start as a place where people could go online to talk about their favorite shows. But five years later, a lot of the hit shows have changed, and so has Buddy TV’s strategy as it seeks to stay relevant. BuddyTV has undergone a transformation this year as it seeks new ways … Continue reading “BuddyTV Bets the Company That TV Will Go Social on Smartphones and Tablets”
Microsoft Invests in AppNexus, Optimum Raises $1.2M, Motricity Talks Post-IPO Expansion, & More Seattle-Area Deals News
It’s been another slow deals week for Seattle-area tech companies. Maybe everyone is so distracted by the sunny October skies that they’ve forgotten to carry on with business as usual. Don’t worry, the rain will set in soon enough. In the meantime, take a look at the highlights from the last week: —Redmond, WA-based Microsoft … Continue reading “Microsoft Invests in AppNexus, Optimum Raises $1.2M, Motricity Talks Post-IPO Expansion, & More Seattle-Area Deals News”
Threat to VC Is from Regular Angels, Not Super Angels, CEO Survey Says
[Corrected, see below] “Mounting tensions” would be the journalistic cliche to describe recent relations between traditional Silicon Valley venture capital firms and the growing class of “super angel” investors—groups like Ron Conway’s SV Angel, Mike Maple’s Floodgate Fund, Dave McClure’s 500 Startups, Aydin Senkut’s Felicis Ventures, and Jeff Clavier’s SoftTech VC. The relationship between these … Continue reading “Threat to VC Is from Regular Angels, Not Super Angels, CEO Survey Says”
FashionPlaytes Raises $4M More, Goes for Billion-Dollar Customized Clothing Idea
Score another one for the “She-E-Os,” the Boston-area support network for female chief executives. And more specifically for Sarah McIlroy, a member of the group. McIlroy’s startup, Salem, MA-based FashionPlaytes, said today it has raised an additional $4 million, bringing its Series A round to $5.8 million. New investor Fairhaven Capital led the round and … Continue reading “FashionPlaytes Raises $4M More, Goes for Billion-Dollar Customized Clothing Idea”
BNI Video Reveals Software That Could Better Enable Cable Companies to Compete With Internet Video Providers
With so many options for finding, managing, and viewing video available today, from Netflix to Hulu to Boxee, the traditional cable TV interface is starting to look a little old-fashioned. Boxborough-MA-based BNI Video says it has software that could help cable operators out of that bind. Cable companies have become increasingly sophisticated in the types … Continue reading “BNI Video Reveals Software That Could Better Enable Cable Companies to Compete With Internet Video Providers”
Quick Hit Obtains $2,471,131 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ff090055-7327-4cfa-bbee-325c2d8596ac&Preview=1 Date 10/12/2010 Company Name Quick Hit Mailing Address 16 Chestnut St. Foxborough, MA 02035 Company Description QUICKHIT NFL Football is a free-to-play online football game where you coach and manage your own NFL team! Website http://www.quickhit.com Transaction Type Venture Equity Transaction Amount $2,471,131 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Quick Hit Obtains $2,471,131 New Round”
InfraReDx Obtains $21,000,000 Series D Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f217aa6a-e129-4aab-8f43-93eec1c5d6ff&Preview=1 Date 10/12/2010 Company Name InfraReDx Mailing Address 34 Third Avenue Burlington, MA 01803 Company Description The company has now developed a fiber-optic, catheter-based, near infrared (NIR) spectroscopy system designed to characterize the composition of coronary plaques in patients undergoing catheterization. This NIR system is currently being evaluated in a clinical study. … Continue reading “InfraReDx Obtains $21,000,000 Series D Round”
HealthUnity Corporation Garners $960,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e9d9f75c-ed23-440a-b1de-27bc0dc34d75&Preview=1 Date 10/12/2010 Company Name HealthUnity Corporation Mailing Address 777 108th Ave NE Bellevue, WA 98004 Company Description Our mission is to provide an affordable, scalable, secure and privacy-aware solution for enabling seamless collaboration between healthcare entities by providing the right information to the right person at the right time. Website http://www.healthunity.com … Continue reading “HealthUnity Corporation Garners $960,000 New Funding Round”
Ecomom.com Obtains $1,100,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4c10e713-a8aa-4c0a-ae04-3add91c25f9a&Preview=1 Date 10/12/2010 Company Name Ecomom.com Mailing Address 8737 Venice Blvd. Los Angeles, CA 90034 Company Description EcoMom is committed to making eco-conscious living easy, affordable, and rewarding. By helping women begin to take better care of themselves and their families – with education, support, tools and products – we empower them … Continue reading “Ecomom.com Obtains $1,100,000 Series A Financing”
Cyber-Rain Receives $1,800,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1310f7c7-e229-4ff6-ab1a-7a292936fcfc&Preview=1 Date 10/12/2010 Company Name Cyber-Rain Mailing Address 5272 Evanwood Ave Oak Park, CA 91377 Company Description The Cyber-Rain XCI controller is designed for homeowners who want to save time, money and natural resources with an easy-to-use system that they can easily install and run themselves. Website http://www.cyber-rain.com Transaction Type Venture Equity … Continue reading “Cyber-Rain Receives $1,800,000 Series B Financing Round”
Devicescape Software Garners $8,142,411 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e2452640-4087-4eb3-b35c-0ca321560457&Preview=1 Date 10/12/2010 Company Name Devicescape Software Mailing Address 1001 Bayhill Drive San Bruno, CA 94066 Company Description Devicescape is a leader in software for wireless devices. The company provides embedded platforms and enterprise applications that enable manufacturers to create diverse wireless devices, and enable users and service providers to manage and … Continue reading “Devicescape Software Garners $8,142,411 New Round”
Redwood Systems Garners $15,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=acf31323-7230-4e43-b7a1-fd11bc8451f1&Preview=1 Date 10/12/2010 Company Name Redwood Systems Mailing Address 46665 Fremont Blvd. Fremont, CA 94538 Company Description Redwood System Inc. is a company focused on commercial building energy conservation. Website http://www.redwoodsys.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A … Continue reading “Redwood Systems Garners $15,000,000 New Financing”
DeNa Acquires ngmoco for $400,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2f150347-0d2a-47f2-a169-4039aa30383a&Preview=1 Date 10/12/2010 Company Name ngmoco Mailing Address 164 South Park Street San Francisco, CA 94107 Company Description The company is focused on publishing games for the iPhone. Website http://www.ngmoco.com Transaction Type M&A Transaction Amount $400,000,000 Transaction Round Proceeds Purposes M&A Terms Ngmoco’s shareholders will receive $300 million in cash and securities, … Continue reading “DeNa Acquires ngmoco for $400,000,000”
Shape Pharmaceuticals Receives $3,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d980416d-433a-48cf-8634-7713280d387a&Preview=1 Date 10/12/2010 Company Name Shape Pharmaceuticals Mailing Address 55 Cambridge Pkwy. Cambridge, MA 02142 Company Description The company operates as a pharmaceutical company. Website Undisclosed Transaction Type Venture Equity Transaction Amount $3,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor Undisclosed
Care.com Garners $20,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d67ecc5f-c8df-4185-b5d6-9ccd35d67efc&Preview=1 Date 10/12/2010 Company Name Care.com Mailing Address 1400 Main St. Waltham, MA 02451 Company Description Care.com is an online marketplace connecting people seeking care services with a national and local network of trusted providers. The company provides a simple and safe way for families and individuals to manage their care needs. … Continue reading “Care.com Garners $20,000,000 Series C Funding”
PlayFirst Lands $9,200,000 Series D Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e114b2d2-7e70-49b6-ba27-53bcd6def4f0&Preview=1 Date 10/12/2010 Company Name PlayFirst Mailing Address 160 Spear Street San Francisco, CA 94105 Company Description PlayFirst is the leading publisher of highly-original games made for casual gamers wherever they play. Committed to fostering creativity, PlayFirst works with talented internal and external developers to bring innovative games to multiple platforms, including … Continue reading “PlayFirst Lands $9,200,000 Series D Funding Round”
Predixion Software Garners $5,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6d171fd3-d5f4-4f02-b58a-1349758013df&Preview=1 Date 10/12/2010 Company Name Predixion Software Mailing Address 65 Enterprise Aliso Viejo, CA 92656 Company Description Predictive analytics enable organizations to use and analyze current and historical data to make predictions about the future that can be applied across a multitude of functional areas. Predictions are used to increase profitability, streamline … Continue reading “Predixion Software Garners $5,000,000 Series A Funding”
SundaySky Lands $9,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=35ed0830-ca71-4569-929c-920f29968103&Preview=1 Date 10/12/2010 Company Name SundaySky Mailing Address 242 W. 27th St. New York, NY 10001 Company Description SundaySky is the provider of a groundbreaking video solution which enables publishers to quickly, easily and cost-effectively infuse their Web sites with video clips. Website http://www.sundaysky.com Transaction Type Venture Equity Transaction Amount $9,000,000 Transaction … Continue reading “SundaySky Lands $9,000,000 Series B Funding”
GutCheck Obtains $2,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=87031eba-06d0-41bb-be84-3c4b86a19d40&Preview=1 Date 10/12/2010 Company Name GutCheck Mailing Address 1422 Delgany Street Denver, CO 80202 Company Description GutCheck is the leader in DIY qualitative market research. By making qualitative accessible to the masses, we are giving marketers and others the unique opportunity to surround any of their ideas, concepts, strategies, etc… with feedback. … Continue reading “GutCheck Obtains $2,000,000 Series A Round”
StoredIQ Lands $10,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c50f5918-8851-4885-877f-c4aa31dc5766&Preview=1 Date 10/12/2010 Company Name StoredIQ Mailing Address 4401 West Gate Blvd. Austin, TX 78745 Company Description StoredIQ is dedicated to providing enterprise-class solutions for the management of unstructured information found in files and email. As a pioneering developer of information management technologies, the company employs advanced, patent-pending techniques to both classify … Continue reading “StoredIQ Lands $10,000,000 New Funding”
Bay Area Global Health Summit: Innovation and Action for the Next Decade
The UCSF Global Health Group is organizing the Bay Area Global Health Summit on Oct. 13 at the Mission Bay campus. Facebook’s chief operating officer, Sheryl Sandberg, Amie Batson of USAID, and David Brandling-Bennett of the Bill & Melinda Gates Foundation are among the featured speakers. For more information on how to register, click here.
ImmunoGen Gets $45M Upfront From Novartis To Make Souped Up Antibodies For Cancer
[Updated: 8:40 am Eastern] ImmunoGen has struck a lucrative new deal with Novartis to make antibody drugs for cancer that are more potent than what physicians have come to embrace over the past decade. Waltham, MA-based ImmunoGen (NASDAQ: [[ticker:IMGN]]) said today it will get a $45 million upfront payment from Novartis in exchange for the … Continue reading “ImmunoGen Gets $45M Upfront From Novartis To Make Souped Up Antibodies For Cancer”
Exelixis Nabs $60M Upfront, Potentially $505M More, From New Deal With Bristol-Myers
Exelixis may have had a rough moment this summer in its relationship with Bristol-Myers Squibb, but apparently the two companies still see a lot in common and no reason to break up. South San Francisco-based Exelixis (NASDAQ: [[ticker:EXEL]]) said today it has struck a new partnership in which it will get a $60 million upfront … Continue reading “Exelixis Nabs $60M Upfront, Potentially $505M More, From New Deal With Bristol-Myers”
Seattle Genetics, Millennium Nail 2nd Straight Trial With “Empowered Antibody” For Cancer
Seattle Genetics broke new ground in the field of cancer drug development last month, and now evidence is mounting from a second clinical trial that suggests it wasn’t a fluke. Seattle Genetics (NASDAQ: [[ticker:SGEN]]) and its partner, Cambridge, MA-based Millennium: The Takeda Oncology Company, are reporting today that 50 out of 58 patients (86 percent) … Continue reading “Seattle Genetics, Millennium Nail 2nd Straight Trial With “Empowered Antibody” For Cancer”
Gelesis, With Obesity Drug That Swells Up in Stomach, Helps Rats Eat Less
One of the more offbeat ideas in the obesity drug development business has gathered some new evidence to suggest it might someday help people lose weight. Boston-based Gelesis, the developer of a superabsorbent capsule designed to swell up in the stomach and make people feel full, said its treatment was able to help rats reduce … Continue reading “Gelesis, With Obesity Drug That Swells Up in Stomach, Helps Rats Eat Less”
Cypress Bio Sells Diagnostics Business
San Diego’s Cypress Bioscience (NASDAQ: [[ticker:CYPB]]), has agreed to sell its diagnostices business to Albuquerque, NM-based Exagen Diagnostics for as much as $8 million in upfront and milestone payments, with additional future payments in the form of royalties on product sales. Exagen Diagnostics, which specializes in the discovery and development of genomic marker tests, is … Continue reading “Cypress Bio Sells Diagnostics Business”
Fashion Playtes Secures $4,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ff8ba352-8ccf-4909-b642-79fde009f1c4&Preview=1 Date 10/11/2010 Company Name Fashion Playtes Mailing Address 97 Boston Street Salem, MA 01970 Company Description As a young girl I designed most of my clothing and was fortunate to have a very talented mother who could sew. She indulged me and made wonderful custom outfits for my first days of … Continue reading “Fashion Playtes Secures $4,000,000 Series A Funding”
TriReme Medical Receives $17,000,000 Series D Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f6824cee-07ff-4e17-91b7-4c7ab31435ac&Preview=1 Date 10/11/2010 Company Name TriReme Medical Mailing Address 7060 Koll Center Parkway Pleasanton, CA 94566 Company Description TriReme Medical Inc. is a privately held medical device company based in Pleasanton, California and dedicated to the development and manufacturing of novel stent technology for the treatment of atherosclerotic disease at or near … Continue reading “TriReme Medical Receives $17,000,000 Series D Financing Round”
NanoInk Secures $65,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=162e572e-6207-46a8-87f4-860b324da8a4&Preview=1 Date 10/11/2010 Company Name NanoInk Mailing Address 8025 Lamon Ave. Skokio, IL 60077 Company Description NanoInk, Inc. is an emerging growth technology company specializing in nanometer-scale manufacturing and application development for the life science and semiconductor industries. With DPN®, a patented and proprietary nanofabrication technology that allows for unmatched flexibility and … Continue reading “NanoInk Secures $65,000,000 New Financing Round”
BioSystem Development Garners $978,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b01f55a9-2b93-40d0-9ed5-a0e8ff9440f0&Preview=1 Date 10/11/2010 Company Name BioSystem Development Mailing Address 802 Deming Way Madison, WI 53717 Company Description BioSystem Development creates, manufactures, and markets system products for unmet needs in the fields of biotechnology and life science research. Website http://www.biosystemdevelopment.com Transaction Type Venture Equity Transaction Amount $978,000 Transaction Round Undisclosed Proceeds Purposes The … Continue reading “BioSystem Development Garners $978,000 New Round”
AnovaStorm Secures $2,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7e0bfa8e-a7c1-4096-a10c-d2ded401376b&Preview=1 Date 10/11/2010 Company Name AnovaStorm Mailing Address 15500 Wells Port Dr. Austin, TX 78728 Company Description Our goal is simple — accelerate the delivery of your mission critical web applications and ease your team’s workload by making the deployment process automated, scalable, predictable, and fully auditable. Website http://www.anovastorm.net Transaction Type Venture … Continue reading “AnovaStorm Secures $2,000,000 New Funding Round”
La Jolla Institute Nabs $12.6M RNAi Grant
The La Jolla Institute for Allergy & Immunology said today it has received a $12.6 million federal grant to establish the first publicly funded center in San Diego dedicated to research on RNA interference. Scientists are excited about the possibilities of RNAi research because it holds potential to silence specific malfunctioning genes involved in disease, … Continue reading “La Jolla Institute Nabs $12.6M RNAi Grant”
Genentech’s Souped-Up Breast Cancer Drug Beats Original Herceptin in Head-to-Head Study
Genentech broke new ground with a targeted antibody drug for breast cancer in the late 1990s, and now it’s showing another sign that it may have surpassed the original. Researchers reported today on a study of 137 breast cancer patients who were randomly assigned to get the original trastuzumab (Herceptin) along with chemotherapy, or a … Continue reading “Genentech’s Souped-Up Breast Cancer Drug Beats Original Herceptin in Head-to-Head Study”
NitroSecurity Nets $6M, Buys LogMatrix Business
Portsmouth, NH-based NitroSecurity said today it has closed $6 million in Series B financing led by existing investors Brookline Venture Partners, First Analysis, and NewSpring Ventures. The cybersecurity and event management software company also said it has acquired the security business of LogMatrix, a Marlborough, MA-based company focused on IT and network management. Financial terms … Continue reading “NitroSecurity Nets $6M, Buys LogMatrix Business”
Snaptic is Now Catch
San Francisco-based Snaptic, a maker of cloud-based notekeeping apps for Android phones, iPhones, and the iPad, has officially changed its name to Catch.com, according to a blog post yesterday. The company also introduced new “Catch Notes” apps in the Android Marketplace and the iTunes App Store. “With Catch.com, our name matches our mission to help … Continue reading “Snaptic is Now Catch”
$8M Round for Involver
Involver, a San Francisco-based maker of platforms that help marketers reach audiences through Facebook, Twitter, and other social media channels, has raised $7 million out of a potential $8 million in a sale of equity, options, and warrants, according to a regulatory filing. Involver previously disclosed a $1.3 million financing round, in September; it’s not … Continue reading “$8M Round for Involver”
Research Universities and Big Pharma’s Wicked Problem
A few years ago BP awarded a consortium of universities led by Berkeley the largest grant in University of California history: $500 million over 10 years to develop biofuels. Despite BP’s well-publicized travails, their commitment to the Energy Biosciences Institute remains firmly in place. BP is a huge company with a wealth of resources at … Continue reading “Research Universities and Big Pharma’s Wicked Problem”
Bristol-Myers Almost Ready to Seal the Deal, Complete Takeover of ZymoGenetics
ZymoGenetics, one of the driving forces of Seattle biotech the past 30 years, is about to become a thing of the past. The pharmaceutical giant Bristol-Myers Squibb is putting the finishing touches on its acquisition of the Seattle-based biotech company (NASDAQ: [[ticker:ZGEN]]). Bristol announced today that 94.9 percent of the ZymoGenetics shareholders agreed to hand … Continue reading “Bristol-Myers Almost Ready to Seal the Deal, Complete Takeover of ZymoGenetics”
Motricity’s Ryan Wuerch on the Post-IPO Game Plan, International Expansion, and the New Wave of Mobile
Most companies might consider reining in their loftiest ambitions after an IPO plan falls far short of expectations.. Then again, most companies aren’t run by Ryan Wuerch. Wuerch is the founder and chief executive of Bellevue, WA-based mobile software company Motricity (NASDAQ: [[ticker:MOTR]]). The company, founded in 2001, filed for its IPO in January. At … Continue reading “Motricity’s Ryan Wuerch on the Post-IPO Game Plan, International Expansion, and the New Wave of Mobile”