Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0b51815f-73ce-4d35-b158-9feea262f424&Preview=1 Date 7/26/2010 Company Name Zilliant Mailing Address 3815 South. Capital of Texas HWY Austin, TX 78704 Company Description Zilliant, a leader in strategic pricing applications, provides software and services that aid companies in defining and managing their pricing for improved financial results. Website http://www.zilliant.com Transaction Type Venture Equity Transaction Amount $13,000,000 … Continue reading “Zilliant Obtains $13,000,000 New Funding Round”
The Power of Outsourcing in Early through Preclinical Drug Development
An evening symposium sponsored by the Iranian-American Life Sciences Network features nine senior pharmaceutical and biotechnology industry speakers. The agenda includes a keynote address, case study presentations, and discussions covering hot topics and end-to-end solutions across the drug-development spectrum. The presentations will explore a number of issues related to “Early through Preclinical Drug Development” and … Continue reading “The Power of Outsourcing in Early through Preclinical Drug Development”
Biocom Breakfast with Brian Bilbray
Biocom legislative roundtable with Republican Brian Bilbray, who represents California’s 50th Congressional District (including parts of San Diego, Escondido, Carlsbad, Encinitas, San Marcos, Del Mar, Solana Beach, Rancho Santa Fe, and Fairbanks Ranch. Bilbray serves on the House Committee on Oversight and Government Reform, the Committee on Veteran’s Affairs and the Science and Technology Committee. … Continue reading “Biocom Breakfast with Brian Bilbray”
Biocom PAC Reception for Legislators & Candidates
The Biocom Political Action Committee (PAC) is hosting this reception for members of San Diego’s life sciences community. It’s an opportunity to become better acquainted with the elected officials and candidates that make critical decisions affecting the industry. Biocom has invited officials and candidates from local (city and county), state and federal levels of government.
Meet the Directors of the National Cancer Institute’s Small Business Innovation Research Program
The National Cancer Institute recently introduced the Small Business Innovation Research (SBIR) Phase II Bridge Award mechanism, which is intended to offer an incentive to phase II awardees who obtain third party financing in order commercialize technologies developed with SBIR funds. Michael Weingarten, director of the SBIR Development Center at the National Cancer Institute, and … Continue reading “Meet the Directors of the National Cancer Institute’s Small Business Innovation Research Program”
Legislative Roundtable With U.S. Rep. Susan Davis
Democrat Susan Davis represents San Diego’s 53rd Congressional District. She supported Small Business Innovation Research, and was a strong supporter of the follow-on Biologics Pathway legislation and the Therapeutic Tax Credit legislation. Davis also led an effort to include billions of new funding for the National Institutes of Health (NIH), which was included in the … Continue reading “Legislative Roundtable With U.S. Rep. Susan Davis”
CRO Workshop: Lessons Learned From Pre-IND Meetings and Submissions
This workshop provides an overview of strategic regulatory considerations and lessons learned from early-stage drug development activities such as pre-IND meetings and IND submissions. We will discuss the pros and cons related to pre-IND meetings, the advantages and challenges related electronic IND submissions, and the best practices for addressing each challenge in a timely and … Continue reading “CRO Workshop: Lessons Learned From Pre-IND Meetings and Submissions”
The Human Genome 10 Years Later: What Does it Mean for SD Biotech?
The San Diego Biotechnology Network is organizing an event on August 18 titled “The Human Genome Project 10 Years Later: What Does it Mean for San Diego Biotech?” The event will feature speakers from Illumina, Fate Therapeutics, the Genomics Institute of the Novartis Research Foundation, and UCSD. For more information, click here.
Genzyme Stock Surges 15 Percent on Sanofi Buyout Speculation
Genzyme stock boomed today on speculation that the company could get acquired by Paris-based drug giant Sanofi-Aventis. The news was reported earlier today by the Wall Street Journal and Bloomberg News. No deal was actually announced, and a Genzyme spokesman stated the obvious—that the company, with headquarters in Cambridge, MA, and significant operations in San … Continue reading “Genzyme Stock Surges 15 Percent on Sanofi Buyout Speculation”
Speculation Intensifies Over Future of Qualcomm’s Flo TV
Uncertainty concerning the future of Flo TV triggered a flurry of media reports this week pegged to Qualcomm’s recent quarterly earnings call, although the San Diego wireless giant didn’t say much beyond what it’s been saying: that it is exploring a lot of different possibilities. As we reported during the Uplinq conference earlier this month, … Continue reading “Speculation Intensifies Over Future of Qualcomm’s Flo TV”
Report: Daptiv, Maker of Project Management Software, Sold to Private Equity Firm
[Updated and corrected: 12:53 pm Pacific] Seattle-based Daptiv has struck a deal to sell its assets to a private equity firm, according to a report this morning in TechFlash. The sale to Laguna Hills, CA-based Parallax Capital Partners is worth $12.6 million, for a company that raised $30 million in venture capital in its 13-year … Continue reading “Report: Daptiv, Maker of Project Management Software, Sold to Private Equity Firm”
Momenta Gets FDA Green Light For Generic Anti-Clotting Drug; Shares Boom
Momenta Pharmaceuticals (NASDAQ: [[ticker:MNTA]]) has won a spot on the U.S. market for its first drug. The Cambridge, MA-based biotech company said today that the FDA has approved a generic version of a common anti-clotting drug developed by Momenta and Sandoz, a unit of Novartis. The news sent Momenta stock rocketing up 77 percent by … Continue reading “Momenta Gets FDA Green Light For Generic Anti-Clotting Drug; Shares Boom”
Boston’s Skyhook Will Map Tweets, Check-ins at San Francisco Marathon
“Knowing where someone is in real time—particularly if you have some context around that—is an incredibly valuable marketing opportunity.” So said Union Square Ventures partner Fred Wilson at a conference on geolocation in San Francisco this week. But sometimes it can be difficult to visualize that value—to imagine how proximity might translate into profit. Thanks … Continue reading “Boston’s Skyhook Will Map Tweets, Check-ins at San Francisco Marathon”
Lucky 13: Xconomy Boston’s Top Stories of 2010 (So Far)
Ever feel like you can’t catch up to the endless stream of news and information bombarding you in the tech-business world? Well, today we’re going to get caught up, at least a little bit. Having just landed back in Boston this week, I’ve been getting up to speed on all of our stories and sources … Continue reading “Lucky 13: Xconomy Boston’s Top Stories of 2010 (So Far)”
Picis Bought by Ingenix
Wakefield, MA-based Picis, a maker of Web-based software systems for hospitals, is being acquired by Ingenix, a healthcare intelligence and analytics company based in Eden Prairie, MN. Financial terms of the deal weren’t announced, but Ingenix says it will maintain the Picis office in Wakefield as well as its other operations in the U.S. and … Continue reading “Picis Bought by Ingenix”
Casual Connect’s Main Theme in 2010: The Intersection of Casual and Social Gaming is a Game Changer
Two years ago our very own tech editor, Greg Huang, found himself questioning what exactly “casual” gaming was. That was before he attended his first Casual Connect, a three-day conference that draws over 3,000 casual gaming professionals to Seattle very year. Back then the big news was casual gaming’s breakout from “core” gaming, the bigger … Continue reading “Casual Connect’s Main Theme in 2010: The Intersection of Casual and Social Gaming is a Game Changer”
Q&A With Wireless Entrepreneur Hiep Pham on San Diego’s Changing Startup Landscape
When I met recently with San Diego entrepreneur Hiep Pham to talk about his latest startup, a Web-based restaurant marketing tool called TipCity, I was reminded that this area was once a healthy hotbed for networking and telecommunications startups. I later wondered if Pham had any insights into the climate for tech startups in San … Continue reading “Q&A With Wireless Entrepreneur Hiep Pham on San Diego’s Changing Startup Landscape”
Flipboard, Off to a Shaky Start, Could Still Grow Into One of Tablet Computing’s Killer Apps
[Updated, see page 2] Say a reviewer goes to a performance of the latest Broadway extravaganza, and the elaborate stage machinery breaks down before the show even starts, forcing everyone to go home. This actually happened to me once, at a showing of Sunset Boulevard in New York. It probably wouldn’t be fair for the … Continue reading “Flipboard, Off to a Shaky Start, Could Still Grow Into One of Tablet Computing’s Killer Apps”
Tethys Pockets $33M, Achaogen’s Vision for Antibiotics, Genentech Strikes Out at FDA Panel, & More Bay Area Life Sciences News
Two prominent Bay Area biotech companies took their lumps in front of FDA advisory panels this week, which clearly sent some shivers through the startup community. —Genentech, the U.S. unit of Roche, failed to persuade an FDA advisory panel to support the use of bevacizumab (Avastin) for women with a type of breast cancer that … Continue reading “Tethys Pockets $33M, Achaogen’s Vision for Antibiotics, Genentech Strikes Out at FDA Panel, & More Bay Area Life Sciences News”
Taris Hires New CEO, Stromedix Hopes Clinical Trial Will Advance, Euthymics Hits the Ground With Series A, & More Boston-Area Life Sciences News
We saw a number of lesser-known New England-area biotechs surface with funding announcements, as well as feature stories looking at company strategies and drug development trends. —Inverness Medical Innovations, a Waltham, MA-based maker of consumer diagnostic tests and disease management tools, announced it had changed its name to Alere, and shifted its stock symbol on … Continue reading “Taris Hires New CEO, Stromedix Hopes Clinical Trial Will Advance, Euthymics Hits the Ground With Series A, & More Boston-Area Life Sciences News”
Ingenix Acquires Picis for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6c43bca7-d72d-4022-962f-833ad869988b&Preview=1 Date 7/23/2010 Company Name Picis Mailing Address 100 Quannapowitt Parkway Wakefield, MA 01880 Company Description Picis provides comprehensive information systems that automate clinical documentation and business practices in the emergency department (ED), operating rooms (ORs), post-anesthesia care units (PACUs) and intensive care units (ICUs). Website http://www.picis.com Transaction Type M&A Transaction Amount … Continue reading “Ingenix Acquires Picis for Undisclosed Sum”
Glam Media Acquires AdPortal for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dfd52123-0ea8-42e2-8c30-a1274a8eb777&Preview=1 Date 7/23/2010 Company Name AdPortal Mailing Address 580 Market St. San Francisco, CA 94104 Company Description Their solution, the AdPortal software, automates the advertising sales process by providing tools to help fully sell more deals at a top tier on the value pyramid by packaging under-utilized inventory into audiences and categories … Continue reading “Glam Media Acquires AdPortal for Undisclosed Sum”
Solar Startup Energy Innovations, Funded and Incubated by Idealab, Begins Production in San Diego
Energy Innovations, a solar energy company founded by entrepreneur Bill Gross, opened the doors of its new headquarters and manufacturing facility today in the suburban San Diego community of Poway, CA, after gestating since 2001 at Idealab, the business incubator Gross runs in Pasadena, CA. Energy Innovations has raised a total of $60 million in … Continue reading “Solar Startup Energy Innovations, Funded and Incubated by Idealab, Begins Production in San Diego”
Smart Spending on Energy Efficiency is the Key to Creating Construction Jobs
As Congress weighs legislation to address persistent concerns about high unemployment, the construction sector in particular demands urgent attention. With investment in new homes and commercial buildings stalled at historically low levels, the unemployment rate for skilled construction workers is now more than twice the national average. The Bureau of Labor Statistics estimates that 1.9 … Continue reading “Smart Spending on Energy Efficiency is the Key to Creating Construction Jobs”
38 Studios Reveals First Video Game at San Diego’s Comic-Con
Veteran Red Sox pitcher Curt Schilling is unveiling the first game put out by the Maynard, MA-based video game company he founded, 38 Studios, at the San Diego entertainment festival Comic-Con today. The single-player game, called “Kingdoms of Amalur: Reckoning,” is based on the fantasy novels of author R.A. Salvatore. It was previously kept under … Continue reading “38 Studios Reveals First Video Game at San Diego’s Comic-Con”
$12.6M Validates Validity
Validity, a San Jose, CA-based maker of fingerprint sensors for identity verification on electronic devices, said this week that it has raised $12.6 million in Series D financing. New investor Panorama Capital led the round, which also included existing investors Crosslink Capital, Qualcomm Ventures, TeleSoft Partners, and VentureTech Alliance. According to a company statement, the … Continue reading “$12.6M Validates Validity”
Business Innovation Factory-6
The Business Innovation Factory calls itself “much more a conversation than a conference.” The event invites innovators to share their personal stories and visions, without the panels or powerpoints present in other business events. This year’s sixth annual gathering will feature scholars and executives, representing companies such as Zappos.com and SeeClickFix.com. Register here.
The Truth About Solar
The Loma Prieta chapter of the Sierra Club’s Black Mountain Group and the Belmont Library in Belmont, CA, are co-sponsoring a workshop conducted by solar residential installer Sungevity on residential rooftop solar systems. The workshop will cover issues such as installation costs, financial benefits, and government rebates and incentives. Information here.
RPI Raises $5M from Huntington Capital, Carves Out Photo Printing Niche in Digital Age
Here’s a company that you might not think would make the pages of Xconomy. But it’s made it, baby. RPI, based in Tukwila, WA, south of Seattle, prints photo books and other custom-designed products like greeting cards, invitations, calendars, notebooks, and posters. That’s right, it actually produces physical stuff for customers. And today, RPI announced … Continue reading “RPI Raises $5M from Huntington Capital, Carves Out Photo Printing Niche in Digital Age”
Detroit’s Livio Radio Tunes in to NPR, Pandora, and a Passion for Pleasing Customers
At the close of 2007, Jake Sigal had a choice to make. He was a product manager at automotive supplier Delphi’s consumer electronics group, which manufactured XM Satellite Radio portable players. Then XM and Sirius Satellite Radio announced a merger and Sigal “saw the writing on the wall.” “I always wanted to start a business,” … Continue reading “Detroit’s Livio Radio Tunes in to NPR, Pandora, and a Passion for Pleasing Customers”
SDNN Posts Farewell Note
SDNN, the San Diego News Network launched by serial entrepreneurs Neil Senturia and Barbara Bry, has posted a signoff message, thanking the websites readers and advertisers for their support. The brief farewell, which was posted on the website yesterday, notes that an affiliated news website, the Southwest Riverside News Network, “continues to grow, thrive, and … Continue reading “SDNN Posts Farewell Note”
Terascala Raises $500K, Gears Up for Series B—and Shift to Storage Software Business
Terascala, an Avon, MA-based maker of high-capacity data storage systems, popped up on our radar this week when an SEC filing revealed the company had raised $500,000 in options and warrants-based funding, out of a round that could total $2 million. The company, founded in 2005, has transitioned from a hybrid business selling both computing … Continue reading “Terascala Raises $500K, Gears Up for Series B—and Shift to Storage Software Business”
Northwest Energy Angels Summer Showcase Draws 11 Startups Determined to Make a Greener World
Last week the Northwest Energy Angels—a group of over 45 private investors who have banded together to invest exclusively in cleantech and energy companies located here in the Pacific Northwest—held its annual Summer Showcase at Tesla Motors’ South Lake Union showroom. Founded by Seattle entrepreneur Martin Tobias and state lawmaker Jeff Morris in 2006, the … Continue reading “Northwest Energy Angels Summer Showcase Draws 11 Startups Determined to Make a Greener World”
Interactions Gets $6.3M
Interactions, a Franklin, MA-based provider of software for customer service operations, has raised a $6.3 million Series D funding round, according to a press release. The investors in the round are Cross Atlantic Capital Partners, North Hill Ventures, Sigma Partners, and Updata Partners. Interactions, founded in 2002, makes software that is designed to improve companies’, … Continue reading “Interactions Gets $6.3M”
Seven Years Into Personalized Medicine Foray, Mohr Davidow Stays Patient, Keeps Betting on Big Idea
Personalized medicine is one of those big ideas people have been talking about for a decade, and it still hasn’t made much of an appearance in the doctor’s office. But to Menlo Park, CA-based Mohr Davidow Ventures, after seven years of bets on this big idea, it still has all the promise of a field … Continue reading “Seven Years Into Personalized Medicine Foray, Mohr Davidow Stays Patient, Keeps Betting on Big Idea”
Cypress Bio Gets Buyout Offer, Trius Prepares for IPO, Arena Gains Following Vivus Setback, & More San Diego Life Sciences News
San Diego’s life sciences companies continued to raise big money, which is a good thing, since a survey shows that venture funding for biotech and medical device companies accounted for more than 80 of all second-quarter VC deals in San Diego. We’ve rounded up all that and more for you here: —San Diego’s Cypress Bioscience … Continue reading “Cypress Bio Gets Buyout Offer, Trius Prepares for IPO, Arena Gains Following Vivus Setback, & More San Diego Life Sciences News”
Euthymics, Led by Orexigen Vet, Nabs $24M for Depression Drug With Fewer Side Effects
Boston has a new startup working on what could help people battle depression, even if they didn’t respond to prior treatment, and without the weight gain and sexual dysfunction side effects that have plagued the field for years. Cambridge, MA-based Euthymics Bioscience is off and running toward that goal, having secured the initial installment of … Continue reading “Euthymics, Led by Orexigen Vet, Nabs $24M for Depression Drug With Fewer Side Effects”
Integrated Diagnostics, Leroy Hood’s Latest Startup, Pockets $10M After Hitting Early Goals
Integrated Diagnostics has done what it told its investors it would do, at least in its early days. The Seattle-based developer of predictive diagnostic tests has secured a $10 million financing, which represents the second installment of a three-part, $30 million Series A venture deal announced last October. As part of the deal, a newly … Continue reading “Integrated Diagnostics, Leroy Hood’s Latest Startup, Pockets $10M After Hitting Early Goals”
Going Geo-Loco: Lessons on the Mad Scramble to Exploit Location Data
When you’re a cartogeek like me and a conference on location-based services is going on six blocks away from your own home, you sort of have to go. So I spent part of my Wednesday at Geo-Loco. This was a gathering of entrepreneurs and developers debating how to build profitable businesses around the petabytes of … Continue reading “Going Geo-Loco: Lessons on the Mad Scramble to Exploit Location Data”
Tekmira and AVI Win Ebola Deals, Mirador’s Idea to Prevent Hospital Errors, Tom Ranken’s New Mission, & More Seattle-Area Life Sciences News
The Ebola virus made a big appearance on the Northwest biotech scene this week, but it wasn’t nearly as ominous as that sounds. —Tekmira Pharmaceuticals, the Vancouver, BC-based developer of drugs that silence specific stretches of RNA, said it has nailed down a U.S. defense contract that could be worth as much as $140 million over … Continue reading “Tekmira and AVI Win Ebola Deals, Mirador’s Idea to Prevent Hospital Errors, Tom Ranken’s New Mission, & More Seattle-Area Life Sciences News”
Boston’s Autism Mini-Cluster: New Drugs and Diagnostics Target Mysterious Brain Disorders
One day in my high school Spanish class, a kid who I was told had autism started hitting himself on the head repeatedly until our teacher sent him to the nurse. Looking back, I wonder whether he understood how abnormal his behavior was. But 17 years later, I’m encouraged by the growing cluster of outfits … Continue reading “Boston’s Autism Mini-Cluster: New Drugs and Diagnostics Target Mysterious Brain Disorders”
Terascala Garners $500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=21eadb65-cc08-4a4a-b261-238b585acaad&Preview=1 Date 7/22/2010 Company Name Terascala Mailing Address 145 Bodwell Street Building 1 Floor 2 Avon, MA 02322 Company Description Terascala is designing new scalable storage appliances that balance the needs of Linux clusters from moderate sizes to the largest clusters being employed. Flexible and scalable configuration options provide the optimal blend … Continue reading “Terascala Garners $500,000 New Funding Round”
Euthymics Bioscience Receives $24,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=81f1b07e-bf5a-441d-880b-e461bb098f5f&Preview=1 Date 7/22/2010 Company Name Euthymics Bioscience Mailing Address 35 Braintree Hill Office Park Braintree, MA 02184 Company Description Euthymics Bioscience, Inc. is a neuroscience-focused clinical-stage company developing next-generation treatments for depression. Euthymics’ initial focus is on patients who do not respond adequately to SSRIs. EB-1010 for depression is expected to improve … Continue reading “Euthymics Bioscience Receives $24,000,000 Series A Funding”
Plum District Secures $2,100,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b3c58ef2-bcf9-49a9-ac77-b183b6d7202c&Preview=1 Date 7/22/2010 Company Name Plum District Mailing Address 609 Mission St. San Francisco, CA 94105 Company Description The site differentiates itself by catering its local deals–including day camps, groceries and spa treatments–to busy mothers. Website http://www.PlumDistrict.com Transaction Type Venture Equity Transaction Amount $2,100,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Plum District Secures $2,100,000 New Funding Round”
Apixio Lands $1,500,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d92fe6ea-6875-4e09-9041-e08f3edbb9fd&Preview=1 Date 7/22/2010 Company Name Apixio Mailing Address 1455 Adams Dr. Menlo Park, CA 94025 Company Description At Apixio, our mission is to improve healthcare by providing instant access to relevant medical information, anywhere. Website http://www.Apixio.com Transaction Type Venture Equity Transaction Amount $1,500,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were … Continue reading “Apixio Lands $1,500,000 Series A Round”
TurnHere Receives $3,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fc22cd3f-526d-46ee-a93f-fb4922e4c33a&Preview=1 Date 7/22/2010 Company Name TurnHere Mailing Address 1480 64th Street Emeryville, CA 94608 Company Description TurnHere, Inc. is a full-service Internet video solutions provider to the media, publishing, travel, local and real estate industries. We provide video strategy development services, produce high quality low-cost Internet videos and develop and execute plans … Continue reading “TurnHere Receives $3,000,000 New Funding Round”
MDRNA Does Reverse Stock Split
MDRNA (NASDAQ: [[ticker:MRNA]]), the Bothell, WA-based developer of RNA interference drugs, said today in a regulatory filing that it has executed a reverse stock split, in which existing shareholders will trade in four shares and get one back in return. The company’s board authorized the move at the 2009 annual meeting, saying it should be … Continue reading “MDRNA Does Reverse Stock Split”
Oclaro Buys Mintera for $12M Plus Bonuses
San Jose, CA-based Oclaro (NASDAQ: [[ticker:OCLR]]), an optical communications and laser technology firm, announced today it has acquired Mintera, based in Acton, MA, for $12 million in cash upfront. The deal could be worth as much as $32 million in total, if Mintera reaches cumulative revenues of $70M over the next 18 months. Mintera’s annual … Continue reading “Oclaro Buys Mintera for $12M Plus Bonuses”
Man Charged with Murder in Death of San Diego Angel Investor
San Diego authorities are adding a murder charge to the case against a 59-year-old man who was jailed last month on identity theft charges, which stemmed from the illegal transfer of $7.5 million from the account of a biotech investor who was found dead June 8. Kent Thomas Keigwin will be arraigned for murder tomorrow … Continue reading “Man Charged with Murder in Death of San Diego Angel Investor”
SynapticMash Acquired by Promethean World
Seattle-based educational software and management company SynapticMash is being acquired by UK-based Promethean World Plc for $10 million cash. The cloud-based formative education assessment software company, founded in 2007, enables educators to evaluate student performance throughout the learning process, rather than by formal examinations at the end of a term, and helps teachers modify lesson … Continue reading “SynapticMash Acquired by Promethean World”