Tokutek, a developer of software for improving database performance, has brought in $2.8 million of an equity-based financing that could total $3.7 million, an SEC filing shows. Tokutek, which has offices in Lexington, MA and New York City, is led by John Partridge, the co-founder of Lexington-based event processing software maker StreamBase Systems.
$81M From Feds Will Help Rural Michigan Get Up to Speed With Broadband—and Help Startups Start Up
It sounds barbaric, I know, but there are areas of Michigan where the only way to access the Internet is through a dial-up connection. These throwbacks to the 1990s are primarily located in rural areas and in the Upper and Northern Lower Peninsulas. And it’s not because they’re a bunch of Luddites up there. The … Continue reading “$81M From Feds Will Help Rural Michigan Get Up to Speed With Broadband—and Help Startups Start Up”
Vanu Gets $2M
Cambridge, MA-based Vanu, a provider of wireless infrastructure software, raised $2.1 million of a planned $5.2 million offering of equity, options, and warrants, according to an SEC filing. The company, whose software radio technology uses software to mimic functions typically handled by hardware in traditional radios, raised $32 million in a Series B financing two … Continue reading “Vanu Gets $2M”
Anchor Therapeutics Nabs $10M for New Class of Peptide Drugs Against Hard Targets
One of the many companies in Boston taking a shot at developing a new class of therapies has gotten a second vote of confidence from investors. Cambridge, MA-based Anchor Therapeutics has secured a $10 million Series B round of financing from its current investors, TVM Capital, HealthCare Ventures, and the Novartis Option Fund. Anchor, formerly … Continue reading “Anchor Therapeutics Nabs $10M for New Class of Peptide Drugs Against Hard Targets”
In Seed Funding Race, AngelList Sorts the “Junk” from the “Maybes”
You don’t have to search far on Twitter for glowing testimonials about AngelList, a matchmaking service for startups and angel investors launched in February by San Francisco investor/entrepreneurs Babak Nivi and Naval Ravikant: “Wow, just a few days and I’m pretty impressed by the quality of the opportunities”—Hunter Walk “An entrepreneur’s best friend. Two companies … Continue reading “In Seed Funding Race, AngelList Sorts the “Junk” from the “Maybes””
PacBio Seeks $200M IPO, Complete Genomics Adds $39M, Siluria Envisions Cleaner Plastics, & More Bay Area Life Sciences News
The movement toward better/faster/cheaper gene sequencing dominated the Bay Area life sciences beat this week. Serious money is flowing into this industry. —Pacific Biosciences lit a spark for gene sequencing this week, when it released an investor prospectus that says it hopes to raise $200 million through an IPO. The Menlo Park, CA-based company is … Continue reading “PacBio Seeks $200M IPO, Complete Genomics Adds $39M, Siluria Envisions Cleaner Plastics, & More Bay Area Life Sciences News”
Biogen Strikes Deal with Knopp for ALS Drugs, Selecta Gets New CEO, Avantra Scores $7M, & More Boston-Area Life Sciences News
News of funding and partnerships for area biotechs, plus an in-depth interview with a state life sciences administrator, made it a busy news week for us. —Last week Ryan broke the news that former executives of Sirtris Pharmaceuticals, the biotech known for developing drugs based on the red wine chemical resveratrol, were selling a dietary … Continue reading “Biogen Strikes Deal with Knopp for ALS Drugs, Selecta Gets New CEO, Avantra Scores $7M, & More Boston-Area Life Sciences News”
Welltok Garners $2,500,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f26ed4ab-86a3-46ee-b43a-0f237954d083&Preview=1 Date 8/20/2010 Company Name Welltok Mailing Address 6 Samson Rock Dr. Madison, CT 06443 Company Description Our social platform allows health plans to rapidly participate in the health care community in a new and powerful way, thus strengthening engagement and collaboration with their members. Website http://www.Welltok.com Transaction Type Venture Equity Transaction … Continue reading “Welltok Garners $2,500,000 Series A Round”
Anchor Therapeutics Obtains $10,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f2f806cd-6102-4495-b69d-96766eca0b9b&Preview=1 Date 8/20/2010 Company Name Anchor Therapeutics Mailing Address 67 Rogers St. Cambridge, MA 02142 Company Description Anchor Therapeutics is developing first-in-class pepducin drug candidates, novel molecules that can selectively target G protein coupled receptors (GPCRs) to allosterically modulate GPCR signaling. Website http://www.anchortx.com Transaction Type Venture Equity Transaction Amount $10,000,000 Transaction Round … Continue reading “Anchor Therapeutics Obtains $10,000,000 New Financing”
RatePoint Obtains $7,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eb58d390-60db-4f93-80af-e881ead2f729&Preview=1 Date 8/20/2010 Company Name RatePoint Mailing Address 100 Crescent Road Needham, MA 02494 Company Description With your active participation, we are: …creating the first personalized social rating service …providing you with valuable information that matches your likes and dislikes …helping you connect with like-minded people …allowing you to take control and … Continue reading “RatePoint Obtains $7,000,000 New Funding”
Tokutek Lands $2,757,729 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c721faf8-a472-45b7-9f4d-ed7835edbd5f&Preview=1 Date 8/20/2010 Company Name Tokutek Mailing Address 1 Militia Drive Lexington, MA 02421 Company Description Tokutek’s patent-pending technology is a result of ten years of research and development by experts in cache-oblivious algorithmics and is used to accelerate key database operations by orders of magnitude. Tokutek’s solution is based on a … Continue reading “Tokutek Lands $2,757,729 New Funding Round”
MindBody Receives $11,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a9973496-5da0-4bac-964a-356892ebff19&Preview=1 Date 8/20/2010 Company Name MindBody Mailing Address 4051 Broad Street San Luis Obispo, CA 93401 Company Description MINDBODY Inc.’s roots go back to 1998, when we were the first software consultancy developing easy-to-use client and teacher management solutions for yoga, pilates, and spinning studios. In 2001, we became an LLC, took … Continue reading “MindBody Receives $11,000,000 New Financing Round”
Cibus Global Lands $1,161,818 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1c97e4cd-c3c9-4a4f-9818-c24f7fa6ac7a&Preview=1 Date 8/20/2010 Company Name Cibus Global Mailing Address 4025 Sorrento Valley Blvd. San Diego, CA 92121 Company Description Cibus is a privately-held San Diego-based trait development company that produces environmentally-friendly crop traits for the agricultural community. Through the application of a proprietary technology called the Rapid Trait Development System (RTDS), Cibus … Continue reading “Cibus Global Lands $1,161,818 New Funding Round”
Cardiac Concepts Garners $27,205,485 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ef63ad23-ace1-4dca-bcf3-a31211d2f5d7&Preview=1 Date 8/20/2010 Company Name Cardiac Concepts Mailing Address 12400 Whitewater Dr Minnetonka, MN 55343 Company Description Cardiac Concepts, Inc. is a privately held medical device company incorporated in 2006. It is located in Minneapolis, Minnesota, USA. Cardiac Concepts’ mission is to improve the outcomes for Heart Failure patients by developing an … Continue reading “Cardiac Concepts Garners $27,205,485 Series C Funding”
Chegg Acquires CourseRank for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=60ecb4c4-bc44-48aa-9e65-572db41325e1&Preview=1 Date 8/20/2010 Company Name CourseRank Mailing Address 234 Escuela Avenue Mountain View, CA 94040 Company Description Features provided by the website include: Student courses ratings and reviews, a planner to help organize your academic career and grades, a weekly schedule of your courses – which you can share with your friends, … Continue reading “Chegg Acquires CourseRank for Undisclosed Sum”
TotalBeauty.com Acquires LimeLife for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=91216581-5b81-45e8-9001-8a301c6daa25&Preview=1 Date 8/20/2010 Company Name LimeLife Mailing Address 4400 Bohannon Drive Menlo Park, CA 94025 Company Description LimeLife Inc., based in Menlo Park, California, is the only publisher of wireless content and applications exclusively focused on the women’s market. LimeLife’s products are based on unique insights about what women seek in mobile … Continue reading “TotalBeauty.com Acquires LimeLife for Undisclosed Sum”
Nokia Acquires Motally for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b9f4982e-a74b-4e67-a833-92f9b3eef0fe&Preview=1 Date 8/20/2010 Company Name Motally Mailing Address 300 Brannan St San Francisco, CA 94107 Company Description Motally was founded in 2008. The team includes mobile industry veterans from Yahoo Mobile, Oracle, M:Metrics, and Com2Us. The company’s patent-pending technology ensures accurate data collection and analytic reporting from publishers’ mobile websites. Website http://www.motally.com … Continue reading “Nokia Acquires Motally for Undisclosed Sum”
RatePoint Obtains $7,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eb58d390-60db-4f93-80af-e881ead2f729&Preview=1 Date 8/20/2010 Company Name RatePoint Mailing Address 100 Crescent Road Needham, MA 02494 Company Description With your active participation, we are: …creating the first personalized social rating service …providing you with valuable information that matches your likes and dislikes …helping you connect with like-minded people …allowing you to take control and … Continue reading “RatePoint Obtains $7,000,000 New Financing Round”
Tyfone Garners $4,963,364 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d6ad4211-5734-48a9-9017-e68696e24b63&Preview=1 Date 8/20/2010 Company Name Tyfone Mailing Address 5520 SW Macadam Avenue Portland, OR 97239 Company Description The Tyfone mobile banking platform puts financial institutions right in the center of mobile banking and payment space, with comprehensive hardware and software platforms that enables financial institutions to optimize the mobile channel to offer … Continue reading “Tyfone Garners $4,963,364 New Financing”
Facebook Acquires Hot Potato for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c3d6fa0b-e023-452b-bcc0-01180263c5cb&Preview=1 Date 8/20/2010 Company Name Hot Potato Mailing Address 181 N 11th Street Bet Brooklyn, NY 11211 Company Description Hot Potato is a social networking startup focused on connecting friends and fans through live events. Website http://www.hotpotato.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of … Continue reading “Facebook Acquires Hot Potato for Undisclosed Sum”
Welltok Receives $2,500,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f26ed4ab-86a3-46ee-b43a-0f237954d083&Preview=1 Date 8/20/2010 Company Name Welltok Mailing Address 1530 15th Street Denver, CO 80202 Company Description Our social platform allows health plans to rapidly participate in the health care community in a new and powerful way, thus strengthening engagement and collaboration with their members. Website http://www.Welltok.com Transaction Type Venture Equity Transaction Amount … Continue reading “Welltok Receives $2,500,000 Series A Funding”
Cibus Raises $1.2M
San Diego’s Cibus Global, which says it uses environmentally friendly biotechnology to develop crops with desired traits, has closed an equity and rights offering after raising almost $1.2 million, according to a recent regulatory filing. The agricultural biotech company founded in 2001 had targeted $2.6 million. Cibus has raised much of its recent capital through … Continue reading “Cibus Raises $1.2M”
BIO Investor Forum
The 9th annual BIO Investor Forum is being held Oct 5-6 in San Francisco to spotlight emerging biotech companies. The event, organized by the Biotechnology Industry Organization, is described as a “national investor forum to explore investment trends and opportunities in life sciences, with a focus on public and venture-stage growth companies as well as … Continue reading “BIO Investor Forum”
BayBio Pantheon Ceremony 2010
Each year BayBio recognizes achievement and honors excellence in the life sciences industry in Northern California, as it brings together Northern California’s life sciences industry leaders. The Pantheon Awards Ceremony is a celebration of the contributions and achievements of the Bay Area, a moment in time to pause and reflect on the industry’s legacy over … Continue reading “BayBio Pantheon Ceremony 2010”
VC Spotlight: Diabetes Diagnostics, Monitoring and Treatment
The prevalence of diabetes continues to grow, with nearly 8 percent of the U.S. population, or 23.6 million children and adults, who are living with the disease. According to the American Diabetes Association, nearly one third of the total economic cost of the disease—$174 billion—accounts for chronic diabetes-related complications. The increased percentage of people living … Continue reading “VC Spotlight: Diabetes Diagnostics, Monitoring and Treatment”
Startup Bootcamp
Startup Bootcamp is a free one-day event featuring talks by entrepreneurs and venture capitalists on how to start a company. Hear from founders themselves about the journey of turning the spark of an idea into a viable product. Get the inside scoop on raising money, term sheets, and how to deal with VCs or angel … Continue reading “Startup Bootcamp”
Oggifinogi Raises $2M
Bellevue, WA and New York-based creative technology and rich media advertising firm Oggifinogi has raised $2 million in Series A financing, led by Greycroft Partners, the company said in a statement today. The company, founded in 2008, plans to use the funds to grow its Real Time Rich Media (RTRM) product base, and expand its … Continue reading “Oggifinogi Raises $2M”
PatientsLikeMe Lands $8M
PatientsLikeMe, a Cambridge, MA-based firm that provides social networking sites for people with specific illnesses, has raised $8 million of a planned $30 million round of equity financing, according to an SEC filing. Ben Heywood, the president and co-founder of the firm, said that his company doesn’t comment on financings. The company’s previous investors include … Continue reading “PatientsLikeMe Lands $8M”
Mega-Merger: Intel Buys McAfee
Leading chipmaker Intel (NASDAQ: [[ticker:INTC]]) announced today that it will acquire computer security company McAfee (NYSE: [[ticker:MFE]]), whose Santa Clara, CA, headquarters is not far from Intel’s. The price: $48 per share, totaling some $7.7 billion. Both companies’ boards have approved the agreement. In an announcement, Intel president and CEO Paul Otellini said that security … Continue reading “Mega-Merger: Intel Buys McAfee”
Xconomy is Expanding Its Coverage of Michigan Innovation—and We’re Looking for Great Writers to Join Us
It’s been just four months since we launched Xconomy Detroit to bring our unique coverage of life sciences, information technology, energy, transportation, robotics, venture capital, and other high-tech arenas to bear on Michigan’s innovation scene—but already we want more! We have found a ton of stories of technology and innovation that still need telling, and … Continue reading “Xconomy is Expanding Its Coverage of Michigan Innovation—and We’re Looking for Great Writers to Join Us”
Complete Genomics Adds $39M
Complete Genomics, the Mountain View, CA-based provider of low-cost gene sequencing, said today it has raised $39 million in a Series E round of venture financing. A new investor, Sands Capital, led the round, which included existing investors Essex Woodlands, Kirkland, WA-based OVP Venture Partners, Prospect Venture Partners, OrbiMed Advisors, Highland Capital Management, and San … Continue reading “Complete Genomics Adds $39M”
Siluria, Backed by Arch, Alloy, and Kleiner Perkins, Seeks Cheaper & Cleaner Plastics
Kristina Burow of Arch Venture Partners was itching to tell me something back in mid-June when we met at her office in San Francisco’s Mission Bay district. It involved a startup, had something to do with her chemistry training, and clearly had her excited. The startup wasn’t quite ready to come out of stealth mode … Continue reading “Siluria, Backed by Arch, Alloy, and Kleiner Perkins, Seeks Cheaper & Cleaner Plastics”
Agios, Nourished with $130M Celgene Deal, Expanding Staff and Labs to Starve Cancer
[Editor’s note, Aug. 23, 2010: Updated and corrected, see below.] David Schenkein, the CEO of the biotech startup Agios Pharmaceuticals, walked into the firm’s Cambridge, MA, headquarters last week with building plans rolled up in his hand. It was evident that his three-year-old company is growing quickly to pursue new drugs to starve cancer cells, … Continue reading “Agios, Nourished with $130M Celgene Deal, Expanding Staff and Labs to Starve Cancer”
Xconomy Xchange: Jonathan Bush and Girish Navani Face Off on the Future of Health IT
Jonathan Bush and Girish Navani are two dynamic health IT leaders whose companies compete head-to-head in the growing market for electronic health records and healthcare revenue management technology. Bush, the chairman and CEO of athenahealth, is an outspoken advocate for delivering Internet-enabled services to physicians. Navani, the chief executive and co-founder of eClinicalWorks, has built … Continue reading “Xconomy Xchange: Jonathan Bush and Girish Navani Face Off on the Future of Health IT”
Small Deals Add Up: A Roundup of Under-the-Radar Deals in San Diego
July was a busy month for small deals, according to the latest data from CB Insights, the New York information and data services firm that tracks the private company deals that help fuel the innovation economy. CB Insights sweeps the sub $1 million deals for both technology and life sciences companies into this roundup. Many … Continue reading “Small Deals Add Up: A Roundup of Under-the-Radar Deals in San Diego”
Why Facebook Places Will Make Foursquare into a Footnote
If Facebook is doing location, then location must finally be real. I don’t mean that in a sarcastic way. I think that’s actually the most important takeaway from the introduction of Facebook Places last night, at a media event I attended at the social networking giant’s Palo Alto headquarters. The new feature allows people accessing … Continue reading “Why Facebook Places Will Make Foursquare into a Footnote”
Life Wants Ion Torrent for Fast Gene Sequencing, Biogen-Idec Takes On Lou Gehrig’s Disease, Two Biotechs Move Toward IPOs, & More San Diego Life Science News
Whatever happened to the lazy “dog days of summer?” The past week was busy with life science news, with a lot of deals and other developments. Here’s our summary: —Carlsbad, CA-based Life Technologies (NASDAQ: [[ticker:LIFE]]), in a bid to gain a competitive advantage in the market for fast and cheap gene sequencing, acquired Ion Torrent … Continue reading “Life Wants Ion Torrent for Fast Gene Sequencing, Biogen-Idec Takes On Lou Gehrig’s Disease, Two Biotechs Move Toward IPOs, & More San Diego Life Science News”
Is Hardware Coming Back in Boston? Analog, Lyric, and Local VCs Suggest Yes
What do you get when you cross an MIT startup, a longtime public tech company, and three of the Boston area’s top VC firms? That sounds like a joke, but I’d argue that you get the makings of an interesting trend. The trend is that hardware—the actual machinery that powers our computers, phones, and other … Continue reading “Is Hardware Coming Back in Boston? Analog, Lyric, and Local VCs Suggest Yes”
Nonprofits and the Valley of Death in Drug Discovery
The research and development (R&D) process that ultimately leads to effective drugs is exceedingly difficult, and often the public does not understand the drug discovery pipeline. In a typical model, drug companies will research tens of thousands to millions of compounds and spend in excess of a billion dollars over a 10- to 20-year period … Continue reading “Nonprofits and the Valley of Death in Drug Discovery”
Lee Hood & Team Moving to South Lake Union, Mirina Vs. Marina, Trubion Gets Acquired, & More Seattle-Area Life Sciences News
We had some noteworthy personnel moves, a big real estate deal, and some legal battling on the biotech beat this week. —The Institute for Systems Biology made it clear early this year it was scoping out the former Rosetta Inpharmatics building in South Lake Union as its future home, and this week the nonprofit research … Continue reading “Lee Hood & Team Moving to South Lake Union, Mirina Vs. Marina, Trubion Gets Acquired, & More Seattle-Area Life Sciences News”
Feds Pumps $54.5M in Stimulus Funds into Washington State to Expand Broadband Service, Spark Economic Growth
The Northwest Open Access Network (NoaNet) has received an additional $54.5 million in Recovery Act funds to expand high-speed broadband Internet to underserved areas across Washington state. U.S. Secretary of Commerce and former Washington state Gov. Gary Locke announced the funding, alongside U.S. Reps. Jay Inslee and Brian Baird, at the Seattle Central Library yesterday. … Continue reading “Feds Pumps $54.5M in Stimulus Funds into Washington State to Expand Broadband Service, Spark Economic Growth”
SaveWave, Formerly Upromise Grocery Operations, Spins Out from Sallie Mae with $2.3M from VCs, Angels
[Corrected, 8:35am. See below] Jeff Bussgang knows a few things about building consumer Internet companies. He’ll be applying all that knowledge to a new Boston-area company being announced today called SaveWave. Except it’s not actually new. In a previous life, Bussgang, a general partner at Flybridge Capital Partners, co-founded Upromise, a rewards-service company that helped … Continue reading “SaveWave, Formerly Upromise Grocery Operations, Spins Out from Sallie Mae with $2.3M from VCs, Angels”
Viridity Obtains $8,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=71233ab8-8d44-4598-8cc9-0c276bee569b&Preview=1 Date 8/19/2010 Company Name Viridity Mailing Address 5 Burlington Woods Burlington, MA 01803 Company Description Viridity is delivering a new way to dynamically manage and control these next generation data centers, and to do so holistically across all pillars of the operation: power, space, cooling, application performance, reliability and risk. vi·rid·i·ty … Continue reading “Viridity Obtains $8,000,000 Series B Financing”
SaveWave Lands $2,300,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=36d635a2-0067-44c4-aa6d-230bffeb6518&Preview=1 Date 8/19/2010 Company Name SaveWave Mailing Address 74 Hillcrest Rd. Belmont, MA 02478 Company Description SaveWave is building a platform to enable consumer packaged goods brands and retailers to promote their products and services to all consumers through fully digital promotion, distribution, and rewards fulfillment. In addition to providing Upromise Grocery, … Continue reading “SaveWave Lands $2,300,000 Series A Funding Round”
PatientsLikeMe Lands $8,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f5c52547-2e84-445e-958d-6614dbc0112b&Preview=1 Date 8/19/2010 Company Name PatientsLikeMe Mailing Address 155 Second Street Cambridge, MA 02142 Company Description PatientsLikeMe Inc. is a privately funded for-profit company tasked with making the PatientsLikeMe vision a reality. Our goal is to enable people to share information that can improve the lives of patients diagnosed with life-changing diseases. … Continue reading “PatientsLikeMe Lands $8,000,000 New Round”
SpectraFluidics Lands New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2a4c8f32-02f2-4295-a74a-09cfead2ec77&Preview=1 Date 8/19/2010 Company Name SpectraFluidics Mailing Address 6950 Hollister Ave Santa Barbara, CA 93117 Company Description SpectraFluidics, Inc., has developed a novel chemical detection technology and platform which exceeds existing state-of-the-art sensitivity and specificity performance metrics by orders of magnitude. SpectraFluidics technology provides molecular-specific detection of explosives, illicit drugs, and other … Continue reading “SpectraFluidics Lands New Funding”
Aeolus Pharmaceuticals Receives $1,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5837cb50-0a53-42a3-86fb-4cba3c80db25&Preview=1 Date 8/19/2010 Company Name Aeolus Pharmaceuticals Mailing Address 26361 Crown Valley Parkway Mission Viejo, CA 92691 Company Description Aeolous Pharmaceutical is a biopharmaceutical company that is developing a new class of catalytic antioxidant compunds, referred to as manganoporphyrins, for diseases and disorders of the central nervous system, respiratory system, autoimmune system, … Continue reading “Aeolus Pharmaceuticals Receives $1,000,000 New Funding Round”
Novalar Pharmaceuticals Secures $1,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c9a8fec9-f9e6-4765-91e4-fb2d78ad94e9&Preview=1 Date 8/19/2010 Company Name Novalar Pharmaceuticals Mailing Address 12555 High Bluff Drive San Diego, CA 92130 Company Description Novalar Pharmaceuticals, Inc. is a privately-held specialty pharmaceutical company based in San Diego, California. Website http://www.novalar.com Transaction Type Debt Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A … Continue reading “Novalar Pharmaceuticals Secures $1,000,000 New Funding Round”
Complete Genomics Receives $39,000,000 Series E Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8147b74c-6649-4f50-aa48-85bdf33cc9a1&Preview=1 Date 8/19/2010 Company Name Complete Genomics Mailing Address 2071 Stierlin Court Mountain View, CA 94043 Company Description Complete Genomics (CGI) is a high-performance DNA sequencing company whose mission is to dramatically reduce the cost of DNA sequencing for research, drug development, and diagnostic applications. Website http://www.completegenomics.com Transaction Type Venture Equity Transaction … Continue reading “Complete Genomics Receives $39,000,000 Series E Financing Round”
Teleplace Receives New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=72044bab-9505-40f2-b382-90ced320fe96&Preview=1 Date 8/19/2010 Company Name Teleplace Mailing Address 805 Veterans Blvd. Redwood City, CA 94063 Company Description Teleplace, Inc. creates enterprise-class immersive business applications that help large-scale, highly dispersed commercial and government organizations address their most advanced learning, training and collaboration needs. Teleplace delivers the reliability, availability, security and integration capabilities required … Continue reading “Teleplace Receives New Funding”