Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0eed747b-cb4d-483a-8d32-a201dd1cedaf&Preview=1 Date 8/30/2010 Company Name EndoGastric Solutions Mailing Address 8210 154th Ave NE Redmond, CA 98052 Company Description EGS leverages the most current wisdom in gastroenterology and surgery in developing new transoral incisionless procedures and products to advance the state of the art in treating gastrointestinal diseases. Website http://www.endogastricsolutions.com Transaction Type Venture … Continue reading “EndoGastric Solutions Secures $30,000,000 Series F Round”
ShowUhow Receives $3,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=937d012a-2618-4eb1-918e-9510670d68b3&Preview=1 Date 8/30/2010 Company Name ShowUhow Mailing Address 9303 Chesapeake Dr. San Diego, CA 92123 Company Description The company creates an online video instruction guides for retail and manufacturing companies. Website http://www.showuhow.com Transaction Type Venture Equity Transaction Amount $3,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms … Continue reading “ShowUhow Receives $3,000,000 Series A Funding Round”
Otonomy Receives $38,500,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=65ce5abd-c4da-4544-b364-ca39cd5eef63&Preview=1 Date 8/30/2010 Company Name Otonomy Mailing Address 5626 Oberlin Dr. San Diego, CA 92121 Company Description Otonomy is a clinical stage biopharmaceutical company developing novel drug therapies for disorders of the inner and middle ear. This field represents a large opportunity as there are no approved drug treatments for the nearly … Continue reading “Otonomy Receives $38,500,000 Series B Financing Round”
Aptus Endosystems Lands $15,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7d168434-aac5-41bf-9e54-3e0990712c3f&Preview=1 Date 8/30/2010 Company Name Aptus Endosystems Mailing Address 777 N. Pastoria Avenue Sunnyvale, CA 94085-2918 Company Description Aptus Endosystems is a privately held, well-funded, emerging medical device company that is engaged in the development of next generation minimally invasive endograft devices, delivery systems and fixation technology for the treatment of Abdominal … Continue reading “Aptus Endosystems Lands $15,000,000 Series A Funding”
MyBuys Garners $2,498,571 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2135bcf2-a01a-4d56-a460-63f82fa400eb&Preview=1 Date 8/30/2010 Company Name MyBuys Mailing Address One Lagoon Drive Redwood City, CA 94065 Company Description Provides web-based enterprise software applications. Website http://www.mybuys.com Transaction Type Venture Equity Transaction Amount $2,498,571 Transaction Round Undisclosed Proceeds Purposes Shares of capital stock are being issued in connection with the acquisition of another corporation pursuant … Continue reading “MyBuys Garners $2,498,571 New Funding”
Cloud Cruiser Obtains Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fdf3342f-170d-43da-af62-77bd385140c1&Preview=1 Date 8/30/2010 Company Name Cloud Cruiser Mailing Address Undisclosed San Francisco, CA 94105 Company Description Cloud Cruiser is a cloud computing software company focused on eliminating the growing pain experienced with public and private cloud computing. Website http://www.cloudcruiser.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Series A Proceeds Purposes … Continue reading “Cloud Cruiser Obtains Series A Funding Round”
ARYx Therapeutics Secures $2,012,500 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c70d8cac-cad7-498a-a8cc-bb98549da549&Preview=1 Date 8/30/2010 Company Name ARYx Therapeutics Mailing Address 6300 Dumbarton Circle Fremont, CA 94555 Company Description ARYx Therapeutics is a privately-held, product-driven pharmaceutical company with leading expertise and significant intellectual property in the area of retrometabolic drug design. Website http://www.aryx.com Transaction Type Debt Transaction Amount $2,012,500 Transaction Round Undisclosed Proceeds Purposes … Continue reading “ARYx Therapeutics Secures $2,012,500 New Funding Round”
PageBites Receives $10,260,693 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=810da5e2-9cf5-4689-8f79-e9515283bc02&Preview=1 Date 8/30/2010 Company Name PageBites Mailing Address 555 Bryant St. Palo Alto, CA 94301 Company Description The company is a stealth mode Internet company. Website http://www.pagebites.com Transaction Type Venture Equity Transaction Amount $10,260,693 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor … Continue reading “PageBites Receives $10,260,693 Series A Funding”
Google Acquires SocialDeck for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=67ce7a8c-0c9d-4684-b4f2-550ed2fc3083&Preview=1 Date 8/30/2010 Company Name SocialDeck Mailing Address Undisclosed San Francisco, CA 94105 Company Description SocialDeck was founded in 2008 with the vision of enabling anywhere, anytime, anyone gaming. The company has launched several titles for the iPhone, Facebook, and BlackBerry using its social gaming platform technology, which enables simultaneous game play … Continue reading “Google Acquires SocialDeck for Undisclosed Sum”
Citrix Systems Acquires VMLogix for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4e2643bd-a840-45c5-ba5e-b72cff3f1670&Preview=1 Date 8/30/2010 Company Name VMLogix Mailing Address 2350 Mission College Blvd. Santa Clara, CA 95054 Company Description VMLogix provides groundbreaking software solutions that help simplify the software lifecycle by harnessing the power of virtualization technology. With its LabManager product suite, VMLogix revolutionizes the way software development teams around the globe manage … Continue reading “Citrix Systems Acquires VMLogix for Undisclosed Sum”
Oodle Receives $1,500,003 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=61d1fede-58b4-437e-9d87-0be089fea414&Preview=1 Date 8/30/2010 Company Name Oodle Mailing Address 60 E 3rd Ave San Mateo, CA 94401 Company Description Oodle is the UK’s leading shopping engine for classifieds. Oodle offers classifieds listings across every major category: motors, properties to rent and buy, jobs, personals, tickets, pets, services and merchandise. Website http://www.oodle.com Transaction Type … Continue reading “Oodle Receives $1,500,003 New Financing Round”
ATX Innovation Secures $250,002 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3bab0103-e663-49e6-afdb-57e713d13981&Preview=1 Date 8/30/2010 Company Name ATX Innovation Mailing Address 804 Congress St. Austin, TX 78701 Company Description The company provides a mobile application that allows users to purchase food and drinks at restaurants and bars. Website http://www.tabbedout.com Transaction Type Venture Equity Transaction Amount $250,002 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “ATX Innovation Secures $250,002 New Funding Round”
Uplogix Garners $4,998,594 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1294eabd-9907-4df1-91a1-dff1d82f2fb8&Preview=1 Date 8/30/2010 Company Name Uplogix Mailing Address 7600B N. Capital of Texas Hwy Austin, TX 78731 Company Description Uplogix is the leading provider of Enterprise Edge Management solutions. Website http://www.uplogix.com Transaction Type Debt, Venture Equity Transaction Amount $4,998,594 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. … Continue reading “Uplogix Garners $4,998,594 New Funding”
Uplogix Receives $4,998,594 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1294eabd-9907-4df1-91a1-dff1d82f2fb8&Preview=1 Date 8/30/2010 Company Name Uplogix Mailing Address 7600B N. Capital of Texas Hwy Austin, TX 78731 Company Description Uplogix is the leading provider of Enterprise Edge Management solutions. Website http://www.uplogix.com Transaction Type Debt, Venture Equity Transaction Amount $4,998,594 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. … Continue reading “Uplogix Receives $4,998,594 New Round”
Inaugural HealthCamp San Diego 2010 Networking Conference
The inaugural session of HealthCamp San Diego will be held in coordination with the 2nd mHealth Networking Conference. HealthCamp is a collaborative experience that shows how interactive digital media, open source, mobile web, and process innovation can enable better healthcare outcomes. HealthCamp is a user-organized “un-conference” that brings together consumers (aka e-patients), health providers, payers, … Continue reading “Inaugural HealthCamp San Diego 2010 Networking Conference”
Inspirato Obtains $5,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f7d2f875-9fd8-44f8-8e84-d4563e13fd1a&Preview=1 Date 8/29/2010 Company Name Inspirato Mailing Address 1637 Wazee Street Denver, CO 80202 Company Description The company operates a website that enables users to find expensive vacations at lower prices. Website http://www.inspirato.com Transaction Type Debt Transaction Amount $5,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “Inspirato Obtains $5,000,000 New Financing”
Forte Design Systems Garners $2,696,489 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=746cae09-e36f-4900-9fa3-ea0cb4a24ff1&Preview=1 Date 8/28/2010 Company Name Forte Design Systems Mailing Address 100 Century Center Court San Jose, CA 95112 Company Description Forte Design Systems is a leading provider of software products that enable design at a higher-level of abstraction. Forte’s innovative behavioral synthesis technology allows ESL design teams creating complex electronic systems from … Continue reading “Forte Design Systems Garners $2,696,489 New Financing Round”
SonoSite Receives FDA Clearance
Bothell, WA-based ultrasound company SonoSite (NASDAQ: [[ticker:SONO]]) has received FDA clearance for its LumenVu catheter guidance system, the company said yesterday. The technology, designed to aid in the placement of peripherally inserted central catheters (PICC), uses a combination of near-infrared and a fiber optic stylet, replacing a traditional guide wire, and allowing real-time tracking and … Continue reading “SonoSite Receives FDA Clearance”
Why Is This Man Smiling? SCVNGR Integrates with Facebook Places, Rolls Out Rewards Partnerships
Now we know why Seth Priebatsch was so happy about Facebook Places last week. His company, Cambridge, MA-based SCVNGR, said today it has integrated its game layer and activities platform with Facebook Places, meaning people can now post their SCVNGR check-ins and “challenges” to Facebook and share them with friends. It’s not a big surprise, … Continue reading “Why Is This Man Smiling? SCVNGR Integrates with Facebook Places, Rolls Out Rewards Partnerships”
ImmunoGen and Genentech “Empowered Antibody” Cancer Drug Fails to Garner Accelerated Approval from FDA
[Updated, 8/27/10 at 5:00pm] The FDA has refused to review an application for accelerated approval of the breast cancer drug T-DM1, developed by Genentech, the South San Francisco unit of Swiss drug giant Roche, with technology from ImmunoGen (NASDAQ: [[ticker:IMGN]]), a Waltham, MA-based maker of cancer-fighting therapies, the companies announced today. [Editors Note: This sentence … Continue reading “ImmunoGen and Genentech “Empowered Antibody” Cancer Drug Fails to Garner Accelerated Approval from FDA”
HP, Dell in 3Par Bidding War
It’s almost like watching the bids on eBay. Dell (NASDAQ: [[ticker:DELL]]) in Round Rock, TX, and Palo Alto, CA-based Hewlett Packard (NYSE: [[ticker:HPQ]]) continue to issue dueling takeover offers for Fremont, CA-based 3Par (NYSE: [[ticker:PAR]]), whose storage virtualization technology is a hot commodity. Dell originally offered $18 per share or $1.15 billion in mid-August, and … Continue reading “HP, Dell in 3Par Bidding War”
HP Buys Stratavia
Palo Alto, CA-based Hewlett-Packard said today that it has acquired Stratavia, a Denver, CO, company that automates the deployment and maintenance of databases. Terms of the purchase were not revealed. The nine-year-old startup had raised $9.5 million in venture backing from Adams Street Partners, Asset Management Co. and Vista Ventures, according to a report in … Continue reading “HP Buys Stratavia”
Michigan Startups Raise $123M So Far This Year, Up 35 Percent From Last Year
Investors have funneled more than $123 million into Michigan startup companies so far this year, a 35 percent increase compared to the same time period in 2009, according to a report released today by the Michigan Venture Capital Association (MVCA). The report notes that dollar totals are up even though deal numbers are down: There … Continue reading “Michigan Startups Raise $123M So Far This Year, Up 35 Percent From Last Year”
Ameresco Acquires Quantum
Ameresco (NYSE: [[ticker:AMRC]]), the energy-efficiency services company based in Framingham, MA, said today it has agreed to acquire Renton, WA-based Quantum Engineering and Development. Financial terms of the deal were not disclosed. Ameresco manages energy infrastructure projects, including the development, construction, and operation of renewable energy plants. It was incorporated in 2000 and raised about … Continue reading “Ameresco Acquires Quantum”
New CEO for Desktone
Chelmsford, MA-based Desktone, a maker of desktop virtualization software, announced yesterday that it had added Peter McKay as president, CEO, and a member of the company’s board. McKay has held executive roles at enterprise software companies such as IBM, Parametric Technology, and Watchfire, as well as positions at North Bridge Venture Partners and Insight Ventures. … Continue reading “New CEO for Desktone”
Fotopedia Heritage Shows the Web Isn’t Dead—It’s Just Met the App World
The reports of the Web’s death have been greatly exaggerated. Wired has been getting a lot of attention this month for its “The Web Is Dead” cover piece. But, as many observers have pointed out, the article’s central chart, which purports to illustrate the Web’s wane, is fundamentally misleading. Web traffic may make up a … Continue reading “Fotopedia Heritage Shows the Web Isn’t Dead—It’s Just Met the App World”
Presto, Tibetan Bowls, & Dr. Seuss: How Michel Kripalani Got His Entrepreneurial Karma Back
Some tales of technology innovation have an ethereal quality to them, and such is the case with Oceanhouse Media—or perhaps it would be more accurate to say that such is the case with Michel Kripalani, the startup software developer’s founder and president. Encinitas, CA-based Oceanhouse was founded in January, 2009, and its first product was … Continue reading “Presto, Tibetan Bowls, & Dr. Seuss: How Michel Kripalani Got His Entrepreneurial Karma Back”
Don’t Confuse Getting to Market with Building a Company: Charles River Ventures’ Izhar Armony Busts Some Micro-VC Myths
“Micro VC” and “super angel” funds are all the rage these days. These terms refer to the emerging segment of venture capital and angel capital in which a growing number of investors are putting small amounts of seed money into very early-stage startups—mainly in Internet software. How are traditional venture firms reacting to this movement? … Continue reading “Don’t Confuse Getting to Market with Building a Company: Charles River Ventures’ Izhar Armony Busts Some Micro-VC Myths”
Washington Startups Bring in $81.7M in July, Majority in Healthcare Sector
For the second month in a row we’re compiling all recent Seattle-area tech and biotech deals—“under the radar” and otherwise—into one comprehensive overview of all financings for the month. As always, the information is based on data provided by our partner, New York-based private company intelligence platform CB Insights, and our own prior coverage. And … Continue reading “Washington Startups Bring in $81.7M in July, Majority in Healthcare Sector”
MedNetworks Partners with Healthways, NKT Gets $4M, Aileron Lands Deal With Roche, & More Boston-Area Life Sciences News
We saw news from drugmakers, device companies, and health IT firms this week. —Anchor Therapeutics, a Cambridge, MA-based biotech formerly named Ascent Therapeutics, brought in $10 million in a Series B round, with investments from TVM Capital, HealthCare Ventures, and the Novartis Option Fund. Anchor is working on drugs it calls “pepducins”—short pieces of proteins … Continue reading “MedNetworks Partners with Healthways, NKT Gets $4M, Aileron Lands Deal With Roche, & More Boston-Area Life Sciences News”
Act-On Software Lands $500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1310695b-48c9-41b5-a425-f31773bfbe54&Preview=1 Date 8/27/2010 Company Name Act-On Software Mailing Address 4905 SW Griffith Drive Beaverton, OR 97005 Company Description We provide a next-generation communication and collaboration service that transforms business e-mail into a true 24/7 prospect and customer interaction service. Website http://www.actonsoftware.com Transaction Type Venture Equity Transaction Amount $500,000 Transaction Round Undisclosed Proceeds … Continue reading “Act-On Software Lands $500,000 New Funding Round”
CitizenGlobal Garners $6,048,284 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=96fa6758-72cb-48fc-9f85-83f3e7e3d536&Preview=1 Date 8/27/2010 Company Name CitizenGlobal Mailing Address 608 Hampton Dr. Venice, CA 90291 Company Description The company outrage they website and service that allows users to upload their news oriented film clips. Website http://www.Citizenglobal.com Transaction Type Venture Equity Transaction Amount $6,048,284 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “CitizenGlobal Garners $6,048,284 New Funding Round”
Soft Machines Receives $13,041,918 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=06527170-ac82-46d0-8239-621fbf49d880&Preview=1 Date 8/27/2010 Company Name Soft Machines Mailing Address 3211 Scott Blvd. Santa Clara, CA 95054 Company Description The company is developing multithreaded CPU technologies. Website Undisclosed Transaction Type Venture Equity Transaction Amount $13,041,918 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A Terms Venture Investor Undisclosed
Omnitrol Networks Obtains $1,439,257 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d85aba2d-a421-4e3e-98d5-d44a443b8ff7&Preview=1 Date 8/27/2010 Company Name Omnitrol Networks Mailing Address 3945 Freedom Cir. Santa Clara, CA 95054 Company Description Omnitrol Networks pioneered the industry’s first production deployments in distributed automated real-time smart agent networks for the aerospace manufacturing, supply chain and logistics industries. Our customers have realized significant savings and improved operations efficiencies … Continue reading “Omnitrol Networks Obtains $1,439,257 New Financing Round”
Etsy Obtains $20,000,000 Series E Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=92afe8ce-3739-401c-93c0-0d0e9952040e&Preview=1 Date 8/27/2010 Company Name Etsy Mailing Address 55 Washington Street Brooklyn, NY 11201 Company Description The company operates an online marketplace for buying and selling all things handmade. Website http://www.etsy.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction Round Series E Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “Etsy Obtains $20,000,000 Series E Round”
Jab Wireless Obtains $32,400,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=91339b95-9597-4ee9-a4f4-44d48d115b8a&Preview=1 Date 8/27/2010 Company Name Jab Wireless Mailing Address 400 Inverness Parkway Englewood, CO 80112 Company Description JAB Wireless, Inc. is a parent company to fixed wireless providers delivering high speed broadband and VoIP services to residential and business customers in the Western United States. JAB Wireless commenced operations in May 2006 … Continue reading “Jab Wireless Obtains $32,400,000 New Financing Round”
MassBio Personalized Medicine Summit
This all-day event will take a look at how to implement personalized medicine from science, business, and regulatory standpoints. Sessions throughout the day will take a look at the development, market, and legal aspects of the field. Agenda and registration details are here.
WEST Networking & Anniversary Party
Women Entrepreneurs in Science & Technology (WEST) is holding its first event of the fall as a celebration of its 10th anniversary. Come for the networking opportunities, too. Registration details are here.
HBA Boston Chapter – Leadership Success Series: Negotiating Skills for Women in the Life Sciences
Join us at the fourth program of the 2010 LSS Workshop Series on October 13, 2010 and arm yourself with the tools and techniques necessary for negotiating effectively. Topics include: understanding of the elements of business negotiation, gaining comfort and skill in managing negotiation situations, and evaluating gender-specific elements of negotiating and influencing. Participants will … Continue reading “HBA Boston Chapter – Leadership Success Series: Negotiating Skills for Women in the Life Sciences”
The Wars over Mafia Wars: Dissecting Digital Chocolate’s Case Against Zynga
If we all lived inside a digital game, Digital Chocolate might be sending a guy over to Zynga right about now to break a few kneecaps. Fortunately, we live in a world of law and order, so Digital Chocolate has merely filed a trademark infringement lawsuit against Zynga. At issue: the rights to the name … Continue reading “The Wars over Mafia Wars: Dissecting Digital Chocolate’s Case Against Zynga”
Seattle and Ford Prepare City for Electric Cars
The City of Seattle and Dearborn, MI-based Ford Motor Company have teamed up to prepare the city for the operation of electric vehicles, the automaker said today. The partnership will include the joint development of consumer outreach and education programs on electric cars, as well as collaboration on information regarding charging requirements of electric vehicles … Continue reading “Seattle and Ford Prepare City for Electric Cars”
Cypress Bio Acquires Technologies in Separate Deals with Marina Biotech, Alexza Pharmaceutical
San Diego’s Cypress Bioscience (NASDAQ: [[ticker:CYPB]]), which is trying to keep an unsolicited buyout at bay while executing a dramatic change in its business strategy, says it has acquired rights to two novel therapies. Earlier this month, Cypress rejected a $160-million buyout offer made in July by the New York-based Ramius Value and Opportunity Advisors—and … Continue reading “Cypress Bio Acquires Technologies in Separate Deals with Marina Biotech, Alexza Pharmaceutical”
Lessons in Energy from an MIT Sloan School Grad
A little less than two years ago I made the decision to enroll at MIT Sloan for an MBA. Shortly after getting to the campus, I made the decision to look at careers in the energy sector. Despite being armed with a technical degree and spending some time in the energy sector prior to enrolling … Continue reading “Lessons in Energy from an MIT Sloan School Grad”
Wavemark Gets $3.9
Littleton, MA-based Wavemark, a maker of radio-frequency identification technologies for tracking hospital inventory, raised $3.9 million in an equity funding round, an SEC filing reveals. The filing indicates that the financing includes the conversion of some notes, and that the money raised will go to working capital for the company. Wavemark, whose RFID tags enable … Continue reading “Wavemark Gets $3.9”
Cisco to Acquire ExtendMedia, Strengthen Position in Internet Video Delivery
ExtendMedia, a video software company based in Newton, MA, is being acquired by Cisco Systems, the San Jose, CA-based networking giant. The news was announced in a press release this morning. Financial terms of the deal were not given, but the acquisition is expected to be complete by early 2011. It’s an important move for … Continue reading “Cisco to Acquire ExtendMedia, Strengthen Position in Internet Video Delivery”
Bunge Joins Solazyme Round
South San Francisco-based Solazyme, which is developing a technology to use fast-dividing algae to produce biofuels, collected a $52 million Series D round of venture financing in early August. Today the company announced that Bunge Limited (NYSE: [[ticker:BG]]), one of Brazil’s largest processors of sugarcane, has joined the Series D round, alongside previously announced backers … Continue reading “Bunge Joins Solazyme Round”
SocialSci Releases Beta Version of Online Scientific Survey Platform, With Rewards for Participants
Spit was Leon Noel’s inspiration for the startup, SocialSci, that caused him and co-founder Harley Trung to leave Yale University just months before graduating. Well, more broadly, it was the hassle of getting participants for research studies while he was a biological anthropology student at Yale, Noel says. But spitting was part of the ordeal. … Continue reading “SocialSci Releases Beta Version of Online Scientific Survey Platform, With Rewards for Participants”
AdGrok’s Grandiose Proposition: Replacing the “Craptacular” Google AdWords Interface
This is the sixth in a series of profiles of companies emerging this summer from Mountain View, CA-based startup incubator Y Combinator. AdGrok is at an interesting point in its evolution as a startup. Right now, the company is probably better known for a series of controversial blog posts by its CEO, Antonio Garcia-Martinez, than … Continue reading “AdGrok’s Grandiose Proposition: Replacing the “Craptacular” Google AdWords Interface”
Finistere Planning New Venture Fund, National Cancer Institute Official Offers SBIR Insights, Ramius Still Tries to Woo Cypress Bio, & More San Diego Life Sciences News
Funding for San Diego life sciences startups can come in the form of small financing deals and as federal Small Business Innovation Research grants that can help to keep small biotechs alive. Allow me to aggregate all that and other life sciences news of the week for you. —At a time when venture capital funding … Continue reading “Finistere Planning New Venture Fund, National Cancer Institute Official Offers SBIR Insights, Ramius Still Tries to Woo Cypress Bio, & More San Diego Life Sciences News”
Herding Lionesses: Michigan Women’s Foundation Gathering Power Women, Forming Angel Fund to Invest in Female Entrepreneurs
[Updated and corrected, Aug. 26—see below] Just a few years ago, the Michigan Women’s Foundation was truly your mother’s philanthropic foundation—putting on fund-raising dinners, tapping corporate sponsors like the Big Three automakers, and then giving away small chunks of money to a wide array of charitable groups—totaling some $3.5 million to 420 entities to be … Continue reading “Herding Lionesses: Michigan Women’s Foundation Gathering Power Women, Forming Angel Fund to Invest in Female Entrepreneurs”