Storwize, a Marlborough, MA-based maker of technology for the real-time compression of data, has agreed to be acquired by IBM (NYSE: [[ticker:IBM]]). The companies did not reveal the financial terms of the deal, which is expected to close third quarter of this year, but previous press reports have priced the transaction in the neighborhood of … Continue reading “Storwize Bought By IBM”
Optimer Seeks EU Approval
San Diego-based Optimer Pharmaceuticals (NASDAQ: [[ticker:OPTR]]) said today it has filed an application for approval in the European Union to start marketing fidaxomicin to treat C.difficile bacterial infections. The drug has passed a pair of pivotal clinical trials, showing that it was roughly equal to standard vancomycin therapy at curing patients initially, but the new … Continue reading “Optimer Seeks EU Approval”
Maker Faire Taps Into Detroit’s Sense of Mission, History as City of Tinkerers and, Yes, Entrepreneurs
The spark of innovation can often be found in outrage—outrage that the world, or some part of it, does not yet contain something that has yet to be invented or brought to it. And James Peyer, University of Michigan stem cell biology Ph.D. student, part-time do-it-yourself entrepreneur, and participant in this weekend’s Detroit Maker Faire, … Continue reading “Maker Faire Taps Into Detroit’s Sense of Mission, History as City of Tinkerers and, Yes, Entrepreneurs”
Omeros Lines Up $40M Financing
Omeros (NASDAQ: [[ticker:OMER]]), the Seattle-based biotech company, has struck a deal in which it may raise as much as $40 million over the next two years through selling shares of common stock to a single investor, Azimuth Opportunity. Omeros raised $68.2 million through its initial public offering in October, but securing more money at certain … Continue reading “Omeros Lines Up $40M Financing”
The Northwest Tech Scene, Public Policy, and Collaboration: WTIA CEO Susan Sigl on Her First 100 Days & What’s In Store
Three months have flown by since Susan Sigl succeeded Ken Myer as the CEO of the Washington Technology Industry Association (WTIA). The 26-year-old organization is the largest statewide association of tech companies and executives in the world, representing some 1,100 members and 125,000 tech employees across Washington, with a staff of just 11. That’s quite … Continue reading “The Northwest Tech Scene, Public Policy, and Collaboration: WTIA CEO Susan Sigl on Her First 100 Days & What’s In Store”
Illumina Buys Helixis, Genzyme Shares Soar on Buyout Report, & More San Diego Life Sciences News
There wasn’t a lot of San Diego life sciences news over the past week, but what we got was big. Here’s our summary. —San Diego-based Illumina (NASDAQ: [[ticker:ILMN]]), which makes high-speed gene sequencing equipment for biomedical laboratories, acquired Carlsbad, CA-based Helixis for at least $70 million, with an additional $35 million tied to meeting certain … Continue reading “Illumina Buys Helixis, Genzyme Shares Soar on Buyout Report, & More San Diego Life Sciences News”
Massachusetts Startup Investing Surges to $307M in June, Led by $60M Boston-Power Deal
It wasn’t just temperatures that were heating up in Massachusetts in June. Venture investing in the Bay State’s tech and life sciences startups soared to $307.1 million, brought in through 31 equity-based deals. For several months this spring, venture investing in the region hovered in the neighborhood of $200 million, according to data provided by … Continue reading “Massachusetts Startup Investing Surges to $307M in June, Led by $60M Boston-Power Deal”
Overshooting and Undershooting: Scale Venture Partners’ Kate Mitchell and Rory O’Driscoll on the VC Pendulum Swing
Part of the point of opening Xconomy San Francisco last month was to put our ear to the ground in the world capital of venture investing. Toward that end, I sat down earlier this week with Kate Mitchell and Rory O’Driscoll. They’re both general partners at Scale Venture Partners, a Foster City, CA-based firm that … Continue reading “Overshooting and Undershooting: Scale Venture Partners’ Kate Mitchell and Rory O’Driscoll on the VC Pendulum Swing”
Immune Design Pockets $32M, InDi Nails $10M, SonoSite Looks Inside My Carotids, & More Seattle-Area Life Sciences News
This week, we saw more than the usual number of venture deals on the Seattle life sciences beat. Maybe the VCs needed to tie up some loose ends before unplugging in the month of August. —Seattle-based Immune Design snagged the big round of the week, a full $32 million Series B deal that included ProQuest … Continue reading “Immune Design Pockets $32M, InDi Nails $10M, SonoSite Looks Inside My Carotids, & More Seattle-Area Life Sciences News”
Aircuity, Focused on “Not Using Energy You Don’t Need,” Tracks and Streamlines Building Ventilation
Given that the air system at Xconomy’s offices seems noisy and erratic most days, I wasn’t that surprised to hear that most buildings are over-ventilated (a bit of information I picked up from Aircuity president and chief operating officer Rob Brierley). But for businesses running their air systems on overload, this can be more than … Continue reading “Aircuity, Focused on “Not Using Energy You Don’t Need,” Tracks and Streamlines Building Ventilation”
IBM Acquires Storwize for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4bca71a5-6aba-4687-9a90-bf82d08060da&Preview=1 Date 7/29/2010 Company Name Storwize Mailing Address 2 Mount Royal Ave Marlborough, MA 01752 Company Description Storwize, Inc. is the leader provider of real-time data compression solutions that dramatically boost storage space on network storage environments. The Storwize appliance provides organizations with additional capacity and associated savings in capital, operational, maintenance … Continue reading “IBM Acquires Storwize for Undisclosed Sum”
Pelican Imaging Receives New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=27b32da7-71ed-4ef9-8ec7-1aec05dfdd5c&Preview=1 Date 7/29/2010 Company Name Pelican Imaging Mailing Address 3929 Mainsail Pl Soquel, CA 95073 Company Description The company focused on commercializing computational cameras. Website http://www.pelicanimaging.com/ Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor In-Q-Tel
LearnBoost Obtains $975,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0e1aeaf7-8c6c-465b-898c-55ee4d906c7d&Preview=1 Date 7/29/2010 Company Name LearnBoost Mailing Address Pier 38 San Francisco, CA 94107 Company Description The company has created an online greeting platform for teachers that allows real-time collaboration around grades between teachers and parents. Website http://www.LearnBoost.com Transaction Type Venture Equity Transaction Amount $975,000 Transaction Round Undisclosed Proceeds Purposes This is … Continue reading “LearnBoost Obtains $975,000 New Funding Round”
Dendreon Gets Published in NEJM
Dendreon (NASDAQ: [[ticker:DNDN]]), the Seattle-based developer of immune-boosting therapies for cancer, said today that the New England Journal of Medicine has published results from the study of 512 men with prostate cancer that led to the FDA approval of sipuleucel-T (Provenge). The study showed Provenge could extend lifespan with minimal side effects back in April … Continue reading “Dendreon Gets Published in NEJM”
Marina Gets RNAi Delivery Tools for $5M
Marina Biotech (NASDAQ: [[ticker:MRNAD]]), the Bothell, WA-based company formerly known as MDRNA, has acquired intellectual property rights to a variety of RNA interference drug delivery technologies from Germany-based Novosom. Marina agreed to provide $5 million worth of its common stock in exchange for rights to use Novosom’s liposomal-particle delivery system that’s supposed to get RNA-silencing … Continue reading “Marina Gets RNAi Delivery Tools for $5M”
New CEOs For Boston-Area Mobile Companies
We tracked a duo of new CEO announcements today, both at companies in the mobile sector. —Aylus Networks, a Westford, MA-based developer of technology to help mobile operators manage video data on their networks, announced Mark Edwards will be joining the company as CEO. Edwards comes from the helm of mobile device management software company … Continue reading “New CEOs For Boston-Area Mobile Companies”
Under The Radar Financings in San Diego: Envision Solar, Zacharon Pharmaceuticals, & More
Every month, New York-based CB Insights casts its net for “under-the-radar deals” that provide less than $1 million in capital for technology and life sciences companies, and shares its catch with Xconomy editors in the five cities where we operate. In its survey for June, the private company intelligence firm brought up seven deals in … Continue reading “Under The Radar Financings in San Diego: Envision Solar, Zacharon Pharmaceuticals, & More”
Juvenile Diabetes Research Foundation Annual Silicon Valley Summit
The Juvenile Diabetes Research Foundation is holding its annual Silicon Valley Summit in Menlo Park, CA on October 27. Speakers include the JDRF’s Karin Hehenberger, Daria Mochly-Rosen of Stanford University, Beth Seidenberg of Kleiner Perkins Caufield & Byers, and PJ Utz, the co-founder of Bayhill Therapeutics. For more information on how to register, click here.
Protecting Consumers From Their Own Genetic Data Will Come at a Cost
Last week’s U.S. House Energy and Commerce Committee hearing into the direct-to-consumer (DTC) genetic testing industry was a vicious affair, with more than a whiff of the show trial about it. Representatives from testing companies 23andMe, Navigenics and Pathway Genomics faced a barrage of questions about the accuracy and utility of their tests, made all … Continue reading “Protecting Consumers From Their Own Genetic Data Will Come at a Cost”
DocuSign Partners with MeridianLink
Seattle-based electronic signature automation software developer DocuSign said today it has joined in a partnership with web-based financial software company MeridianLink, out of Costa Mesa, CA. Through the deal MeridianLink, which offers online loan origination and account opening applications for consumers, will integrate DocuSign electronic signature capabilities into its existing system. DocuSign said the partnership … Continue reading “DocuSign Partners with MeridianLink”
Disney Buys Playdom, Adobe Buys Day, & More Mid-Week Deals News Around Silicon Valley
It’s been a busy week already when it comes to acquisitions and venture deals in San Francisco and Silicon Valley. There’s too much going on to write it all up separately, so here’s a quick rundown: —After operating for just two and a half years and raising $76 million in venture funding, Mountain View, CA-based … Continue reading “Disney Buys Playdom, Adobe Buys Day, & More Mid-Week Deals News Around Silicon Valley”
TECH Cocktail Boston 2010
This is the fourth annual TECH Cocktail Boston, a meet-and-greet of fresh, innovative startups in the region. This year’s gathering will spotlight several companies we’ve covered before, like thredUP and iZup, as well as a few names that have slipped past our radar thus far. Register here.
140 Character Conference
This conference covers all things Twitter. Luckily, it won’t be limited to 140 characters, but will have an entire day to go over Twitter’s impact in areas from media to politics to fashion to business. Register here.
JAZD Gets $4M
JAZD Markets, an Andover, MA-based startup developing an online business-to-business marketing platform powered by directories, has pulled in a $4 million equity round from four investors, according to an SEC filing. The company raised $8 million in equity-based funding in 2008, and its website names Commonwealth Capital Ventures and Pilot House Ventures as investors. The … Continue reading “JAZD Gets $4M”
HemaQuest Raises $4M More, Boosting VC Round to $16M for Sickle Cell, Blood Disorders
Another few months have gone by, and another few million bucks have arrived in the corporate treasury for HemaQuest Pharmaceuticals. The Seattle-based developer is announcing today it has raised $4 million for its experimental treatments for sickle cell anemia and other blood disorders. The financing comes from a new investor, Latterell Venture Partners. This latest … Continue reading “HemaQuest Raises $4M More, Boosting VC Round to $16M for Sickle Cell, Blood Disorders”
BioScale, Mastering Acoustics for Molecular Detection, Gets Nod from Millennium Pharma
Until recently, BioScale had operated out of the public eye for some eight years as it engineered a new way of measuring biological samples with sound wave technology. Now the Cambridge, MA-based startup has garnered some validation for its acoustic technology from a very visible player in biotech—Millennium, The Takeda Oncology Company. Cambridge-based Millennium has … Continue reading “BioScale, Mastering Acoustics for Molecular Detection, Gets Nod from Millennium Pharma”
LearnBoost Bets on Better Tools for Teachers
San Francisco-based LearnBoost made a splash earlier this week with news of a $975,000 venture financing win. But much of the news coverage focused on the fact that four major venture firms, plus an assortment of angel investors, had participated in the relatively small financing round. To get more of the story behind the startup’s … Continue reading “LearnBoost Bets on Better Tools for Teachers”
Washington Startups Pull In $104.3M in June; Healthcare and Energy/Utilities Sectors Top the List
Compared to the handful of “under the radar” deals we had to report on in our May roundup, the month of June was buzzing with deals, both small and large, for Seattle-area tech and biotech companies. Normally we publish our “under the radar” roundup for regional deals worth less than $1 million in a monthly … Continue reading “Washington Startups Pull In $104.3M in June; Healthcare and Energy/Utilities Sectors Top the List”
Oclaro Buys Mintera, Gazelle Gets $12M, Genzyme Buyout Rumors Swirl, & More Boston-Area Deals News
Acquisitions were a big theme in the New England-area deal news this past week. We also saw several funding rounds and an intellectual property deal. —Providence, RI-based Alektrona, a maker of smart-grid software and hardware, grabbed $250,000 in funding from the Slater Technology Fund, also of Providence. The money comes as part of a $510,000 … Continue reading “Oclaro Buys Mintera, Gazelle Gets $12M, Genzyme Buyout Rumors Swirl, & More Boston-Area Deals News”
JAZD Markets Obtains $4,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d5c5aea2-7d58-46a3-93be-c3afe8fb5ec9&Preview=1 Date 7/28/2010 Company Name JAZD Markets Mailing Address 3 Dundee Park Andover, MA 01810 Company Description As the leading on-line directory driven marketing solution for B2B, Jaz’d! is changing the way on-line marketing works by aligning buyers and sellers together in highly informative, measurable and easy-to-navigate environments. Jaz’d! partners with leading … Continue reading “JAZD Markets Obtains $4,000,000 New Financing”
HemaQuest Pharmaceuticals Receives $4,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=37c0f677-bbd5-4a15-be27-f940911161d4&Preview=1 Date 7/28/2010 Company Name HemaQuest Pharmaceuticals Mailing Address 1229 Madison Street Seattle, WA 98104 Company Description HemaQuest is a company developing proprietary small molecule therapeutics to treat serious blood disorders. Website http://www.hemaquest.com Transaction Type Venture Equity Transaction Amount $4,000,000 Transaction Round Series B Proceeds Purposes The financing will be used to … Continue reading “HemaQuest Pharmaceuticals Receives $4,000,000 Series B Round”
Illumina Acquires Helixis for $105,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=31b15c63-4283-45d1-a1aa-40eda6da0f70&Preview=1 Date 7/28/2010 Company Name Helixis Mailing Address 5421 Avenida Encinas Carlsbad, CA 92008 Company Description Diagnostics tools for molecular analysis are critical to modern life science and medicine, but are still primitive in form and function. Helixis is developing an entirely new class of advanced molecular diagnostic products that will bring … Continue reading “Illumina Acquires Helixis for $105,000,000”
Good Data Receives $6,500,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=57e72040-11c9-4316-9225-32d542f30648&Preview=1 Date 7/28/2010 Company Name Good Data Mailing Address 989 Market Street San Francisco, CA 94103 Company Description Good Data Corporation was founded with the mission to provide a platform for collaborative analytics. We believe that sharing and teamwork allows our users to move past isolated reports and arrive at the true … Continue reading “Good Data Receives $6,500,000 Series A Financing”
Soladigm Obtains $6,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=67bb7027-701b-4499-a873-5c9056a8c214&Preview=1 Date 7/28/2010 Company Name Soladigm Mailing Address 195 South Milpitas Boulevard Milpitas, CA 95035 Company Description The company provides switchable electronic glass technology. Website http://www.soladigm.com Transaction Type Debt Transaction Amount $6,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Undisclosed
CloudMade Secures $12,300,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd04544f-c846-498e-8c7b-86b362ef585d&Preview=1 Date 7/28/2010 Company Name CloudMade Mailing Address 1370 Willow Rd. Menlo Park, CA 94025 Company Description CloudMade provides you with access to a range of innovative tools and APIs that allow you to make the most of map data. We source our map data from OpenStreetMap, the community mapping project which … Continue reading “CloudMade Secures $12,300,000 Series B Funding Round”
BlueArc Corporation Obtains $20,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c2028119-c903-4a7a-b7e0-d1d2683a5082&Preview=1 Date 7/28/2010 Company Name BlueArc Corporation Mailing Address 50 Rio Robles Dr. San Jose, CA 95134 Company Description BlueArc Corporation changes the economics of network storage by helping customers manage more information with less effort. BlueArc’s Titan storage systems enable organizations to maximize performance and reduce operating costs through the movement … Continue reading “BlueArc Corporation Obtains $20,000,000 New Funding”
ANTs Software Garners $4,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=df24e0f4-b759-4a54-bcf1-62bc9f20273c&Preview=1 Date 7/28/2010 Company Name ANTs Software Mailing Address 71 Stevenson St. San Francisco, CA 94105 Company Description The mission of ANTs Software is to help customers drive down IT operating costs by consolidating hardware and software infrastructure and eliminating cost inefficiencies. To this end, ANTs develops and sells the ANTs Compatibility … Continue reading “ANTs Software Garners $4,000,000 New Funding”
Verient Obtains $3,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=08e433e3-7252-4ab7-a341-ad77129bb214&Preview=1 Date 7/28/2010 Company Name Verient Mailing Address 1190 Saratoga Avenue San Jose, CA 95129 Company Description Verient is a venture funded start-up with a blue chip executive team, strong intellectual property and compelling business proposition. We are developing solutions to drive convergence in identity, security, customer care automation and online payment … Continue reading “Verient Obtains $3,000,000 New Funding Round”
Dashwire Garners $515,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8b4408e0-a8ff-4d5a-bc99-8b75669160c3&Preview=1 Date 7/28/2010 Company Name Dashwire Mailing Address 936 N. 34th Street Seattle, WA 98103 Company Description Dashwire seamlessly integrates your mobile phone and the world it captures with your computer and the web, helping you access and share your mobile experiences – no cables required. Website http://www.dashwire.com Transaction Type Venture Equity … Continue reading “Dashwire Garners $515,000 New Financing”
Philo Media Garners New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a1cfb806-27e1-4581-aa12-29d13ad03b58&Preview=1 Date 7/28/2010 Company Name Philo Media Mailing Address P.O. Box 46 New York, NY 10113 Company Description Philo makes TV social (again) by letting you connect with your friends and watch, chat, score points, and win awards and credits together. You can browse around television shows and see what your friends … Continue reading “Philo Media Garners New Funding Round”
Business Insider Garners $3,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=94f26054-0042-4d1b-8b9b-f40b6a4111b9&Preview=1 Date 7/28/2010 Company Name Business Insider Mailing Address 119 5th Ave. New York, NY 10003 Company Description Business Insider is a new business site with deep financial, entertainment, green tech and digital industry verticals. The flagship vertical, Silicon Alley Insider, launched on July 19, 2007, led by DoubleClick founders Dwight Merriman … Continue reading “Business Insider Garners $3,000,000 New Funding”
SolidFire Lands $1,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c14ac73f-1869-4130-816d-235715cc8d30&Preview=1 Date 7/28/2010 Company Name SolidFire Mailing Address 1620 Pearl St Boulder, CO 80302 Company Description Atlanta-based SolidFire is a next-generation storage platform for cloud computing providers and other enterprises that need scalable, reliable storage for thousands of servers. The Company’s solution allows customers to take advantage of the performance of solid … Continue reading “SolidFire Lands $1,000,000 New Financing”
eWise Systems USA Garners $12,100,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=75d3827d-59cc-4c49-ad6b-e3f0feef7b25&Preview=1 Date 7/28/2010 Company Name eWise Systems USA Mailing Address 4600 South Syracuse St. Denver, CO 80237 Company Description eWise has built on the early success achieved with its account aggregation solutions to deliver a comprehensive solution portfolio that addresses the growth and importance of online security and payments for online service … Continue reading “eWise Systems USA Garners $12,100,000 New Funding”
Digby Lands $2,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c63f5f15-581e-4d85-b289-c387ce97ab8d&Preview=1 Date 7/28/2010 Company Name Digby Mailing Address 3801 S Capital of Tx Hwy Bldg II Austin, TX 78704 Company Description Digby is the premier mobile commerce service and software platform provider whose goal is to radically improve the mobile purchasing experience for consumers around the world. Website http://www.digby.com Transaction Type Venture … Continue reading “Digby Lands $2,000,000 New Funding”
Firefly LED Lighting Garners $300,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=47d2e251-c07c-4b2d-a111-ef978d5a9454&Preview=1 Date 7/28/2010 Company Name Firefly LED Lighting Mailing Address 7901 Cameron Rd. Bldg 3 Austin, TX 78754 Company Description Firefly LED Lighting has designed and will sell a range of LED light bulbs, fixtures and lighting products for general illumination and other applications. Website http://www.fireflyledlight.com Transaction Type Venture Equity Transaction Amount … Continue reading “Firefly LED Lighting Garners $300,000 New Financing Round”
Qualcomm’s Technology Inside Ecotality’s Electric Vehicle Chargers
At the Xconomy Smart Energy Forum in San Diego just a couple of months ago, Qualcomm’s Manuel Jaime emphasized that 100-percent electric vehicles (EVs) like the Nissan Leaf will need to be integrated with EV charging stations—and the charging stations have to be integrated with a local power grid. Once they’re integrated, Jaime explained, EV … Continue reading “Qualcomm’s Technology Inside Ecotality’s Electric Vehicle Chargers”
Illumina Acquires Helixis for Up to $105M, To Get Small, Low-Cost Genetic Analysis Tool
San Diego-based Illumina has acquired an intriguing startup from southern California with a vision of putting low-cost genetic analysis systems on every biologist’s benchtop. Illumina (NASDAQ: [[ticker:ILMN]]), the leading maker of high-speed gene sequencing instruments, said today in its second-quarter financial report, and in a separate statement, that it has acquired Carlsbad, CA-based Helixis for … Continue reading “Illumina Acquires Helixis for Up to $105M, To Get Small, Low-Cost Genetic Analysis Tool”
$8.8M for BuzzLogic
San Francisco’s BuzzLogic, operator of an online ad network that targets display ads to relevant blogs, said today that it has closed an $8.8 million Series B venture financing round. The funds come from Adams Capital Management and Ackerley Partners, the same firms who supplied BuzzLogic’s $9.6 million Series A round. BuzzLogic also rolled out … Continue reading “$8.8M for BuzzLogic”
2Wire Picked Up by Pace
Pace PLC, the UK-based provider of digital pay TV technologies, said yesterday it will acquire San Jose, CA-based 2Wire, which makes the broadband cable modems deployed in homes by AT&T and other telecommunications companies. Pace will pay $475 million for 2Wire, which had raised nearly $200 million in venture financing since its 1998 launch, according … Continue reading “2Wire Picked Up by Pace”
Tableau Doubles Revenue by Making Data More Visual, More Fun
Tableau Software has made it clear over the past year that it is one of the rising stars of the local software community. Spun out from Stanford University in 2003, the company has spent the last seven years carving out a global market of businesspeople and consumers itching for a new product to help them … Continue reading “Tableau Doubles Revenue by Making Data More Visual, More Fun”