Are you a first time innovation based entrepreneur or scientist that would like to commercialize? Are you going to need to raise capital? Do you want to accelerate the commercialization of your business? Are you concerned that you “don’t know what you don’t know?” This seminar, sponsored by Ann Arbor SPARK, will focus on the … Continue reading “Entrepreneur Best Practices”
DocuSign Receives $2,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b8fb442e-abec-4df3-ba6f-4ec703302039&Preview=1 Date 7/11/2010 Company Name DocuSign Mailing Address 701 Fifth Avenue Seattle, WA 98104 Company Description DocuSign was founded in 2003 with one goal: to make electronic signatures as ubiquitous and simple as email. DocuSign delivers the final step in the online customer relationship—the ability to complete a legally binding agreement over … Continue reading “DocuSign Receives $2,000,000 New Funding Round”
Ann Arbor New Tech July Meetup
a2geeks is hosting this event in which five presenters take the stage for 10 minutes each, five minutes to demo and five minutes to answer questions, followed by open announcements and community networking.
DocuSign Brings In $2M
Seattle-based electronic signature automation software developer DocuSign has raised $2 million in debt financing, according to a regulatory filing. The company, founded in 2003, previously had raised more than $30 million in venture funding, including $5 million in Series D financing in May 2009. In 2009 DocuSign was one of a hundred companies to be … Continue reading “DocuSign Brings In $2M”
Impinj Raises $5.8M
Seattle-based Impinj, a radio-frequency identification (RFID) systems developer, has raised $5.8 million in debt and options financing, according to a regulatory filing. The company, founded in May of 2000, received $14 million in venture funding in 2008, and later that year sold off its nonvolatile-memory intellectual property business for $5.2 million and acquired Intel’s RFID … Continue reading “Impinj Raises $5.8M”
ADP to Acquire The Cobalt Group for $400M
The Cobalt Group, a Seattle-based automotive digital marketing company, said today it has agreed to be acquired by Automatic Data Processing (NASDAQ: [[ticker:ADP]]) for approximately $400 million in cash. The deal is subject to regulatory review and is expected to close in the next four to six weeks, according to ADP. Roseland, NJ-based ADP said … Continue reading “ADP to Acquire The Cobalt Group for $400M”
Playdom Takes Over Metaplace
Mountain View, CA-based social gaming company Playdom announced yesterday that it has acquired Metaplace, a San Diego-based startup that built social virtual worlds software and introduced two Facebook social games, Island Life and My Vineyard, earlier this year. Metaplace co-founder and CEO John Donham will run Playdom’s new San Diego office, according to the announcement, … Continue reading “Playdom Takes Over Metaplace”
EMeter Collects $12.5M
EMeter, a San Mateo, CA-based maker of software that helps gas, electric, and water utilities manage smart meters, announced yesterday that it has raised $12.5 million in a round of equity-based funding led by Sequoia Capital and Foundation Capital, with participation by newcomer Northgate Capital. “Given the exponential growth of the Smart Grid industry over … Continue reading “EMeter Collects $12.5M”
Concur’s Raj Singh on the Emerging Mobile Scene and Where He Sees the Company Going in the Next Five Years (Part 2)
For Raj Singh, the co-founder, president, and chief operating officer of Redmond, WA-based Concur, a travel and expense reporting software developer, the recipe for success has involved jumping on trends as they are in the making. In 2002 and 2003, this meant getting on board the software-as-a-service-industry. Today it means staying relevant by embracing another … Continue reading “Concur’s Raj Singh on the Emerging Mobile Scene and Where He Sees the Company Going in the Next Five Years (Part 2)”
Sex, Power, and Money: Dave McClure Tells Web Startups to Tap Into Consumers’ ‘Reptilian Psyche’
Dave McClure is a dynamic guy. I had the pleasure of hearing him speak to a small audience of tech startup founders in Seattle earlier this week. His impassioned message to entrepreneurs was, first of all, to take risks and be ambitious, and second, to build something that people really, really care about. That sounds … Continue reading “Sex, Power, and Money: Dave McClure Tells Web Startups to Tap Into Consumers’ ‘Reptilian Psyche’”
Adventures in YouTube-Land: The Making of “World Wide Wade Goes West”
It’s one of the cardinal rules of startup life: stick to your knitting. Don’t get distracted by all the cool things you could do, at the expense of the thing you already do well. At Xconomy, we’ve followed that rule pretty well: We’re journalists who write about technology and entrepreneurship for a living, and we … Continue reading “Adventures in YouTube-Land: The Making of “World Wide Wade Goes West””
The Role the State of Massachusetts Should Play in Cleantech
Governor Deval Patrick had good intentions of wanting to grow the cleantech space when Ian Bowles consolidated all of the available money the state had slated for solar initiatives into a new group called the Clean Energy Center (CEC). This group essentially places bets on which startups will make it big and then provides them … Continue reading “The Role the State of Massachusetts Should Play in Cleantech”
Novartis Test Drives Biotech Startup Adimab’s Drug Discovery Engine
Lebanon, NH-based biotech startup Adimab has grown the ranks of its Big Pharma collaborators, which are coveted for their deep pockets and other resources they bring to smaller firms. Swiss drug giant Novartis has inked a research agreement with Adimab to access the startup’s synthetic immune system of sorts that churns out potential antibody drugs. … Continue reading “Novartis Test Drives Biotech Startup Adimab’s Drug Discovery Engine”
Corey Goodman’s New Startup, UCSF Spinoff Raises $40M, Gail Maderis Gives Back, & More Bay Area Life Sciences News
We covered a variety of subjects on the biotech beat this week—cloud computing for genomics, a new idea for bioinformatics, an environmental health startup co-founded by Corey Goodman, and a profile of the new CEO of BayBio. Read on to catch up on the week’s headlines. —Gail Maderis has spent a career working up the … Continue reading “Corey Goodman’s New Startup, UCSF Spinoff Raises $40M, Gail Maderis Gives Back, & More Bay Area Life Sciences News”
A Place for Mom Sells Majority Stake to Warburg Pincus
Seattle-based online elder care referral service, A Place for Mom, has sold a majority ownership stake to international private equity firm Warburg Pincus, according to a company asset track record kept by investment banking advisory firm GCA Savvian. The terms of the deal were not disclosed. A spokesperson for A Place for Mom didn’t immediately … Continue reading “A Place for Mom Sells Majority Stake to Warburg Pincus”
AlloCure Arrives in New England, Merck Shutters Cambridge Research Site, Infinity Cuts Deal With Intellikine, & More Boston-Area Life Sciences News
It was a shorter week, but we had a heavy volume of headlines on acquisitions, partnerships, job cuts, and company strategies for New England-area biotech names. —Cambridge’s Alnara Pharmaceuticals kicked off the holiday weekend last Friday with news that it been acquired by Indianapolis-based pharma giant Eli Lilly. The companies didn’t disclose the purchase price … Continue reading “AlloCure Arrives in New England, Merck Shutters Cambridge Research Site, Infinity Cuts Deal With Intellikine, & More Boston-Area Life Sciences News”
Azuki Systems Receives $3,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8c3f0521-64d0-4a98-8fd9-ca83a2dd40d3&Preview=1 Date 7/9/2010 Company Name Azuki Systems Mailing Address 43 Nagog Park Acton, MA 01720 Company Description Leveraging the growing proliferation of digitized content, Web 2.0 enabled services and new wireless technologies, Azuki is leading the charge into a new era of mobile innovation and user experiences. We are changing the way … Continue reading “Azuki Systems Receives $3,000,000 Series A Round”
Highwinds Network Group Acquires BandCon for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aaca2df9-8dc2-4966-bedc-e3dfd6c7204e&Preview=1 Date 7/9/2010 Company Name BandCon Mailing Address 151 Kalmus Dr. Costa Mesa, CA 92626 Company Description BandCon has been providing network infrastructure since 2000, and in that time we’ve been supporting the success of companies like MySpace, NeuLion, Miniclip.com, Digg, Rackspace, Skype and others. We’ve learned what content providers need and, … Continue reading “Highwinds Network Group Acquires BandCon for Undisclosed Sum”
Theranos Lands $45,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bf798925-ff7e-4559-9ced-c8be738eae6f&Preview=1 Date 7/9/2010 Company Name Theranos Mailing Address 3200 Hillview Avenue Palo Alto, CA 94304 Company Description Theranos is pioneering an industry around the integration of nano and bio technologies into real-time informatics systems. We are developing a fundamental platform of customized therapy for individual patients. Website http://www.theranos.com Transaction Type Venture Equity … Continue reading “Theranos Lands $45,000,000 New Financing Round”
Visterra Lands $6,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5cf6a9aa-03a8-453b-ae4c-586311b2b7c5&Preview=1 Date 7/9/2010 Company Name Visterra Mailing Address 76 Rogers Street Cambridge, MA 02142 Company Description Visterra, Inc. is dedicated to the discovery and development of innovative products for the prevention, treatment and diagnosis of infectious diseases. The Company focuses on technologies that can interrogate how pathogens interact with human cells, a … Continue reading “Visterra Lands $6,000,000 Series A Financing”
Impinj Secures $5,800,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=46ffeb25-ba25-4f16-bd6b-45b19630afbe&Preview=1 Date 7/9/2010 Company Name Impinj Mailing Address 701 N. 34th Street Seattle, WA 98103 Company Description Impinj, Inc. is a fabless semiconductor company whose patented Self-Adaptive Silicon technology enables its two synergistic business lines: high performance RFID products and innovative semiconductor intellectual property (IP). Website http://www.impinj.com Transaction Type Venture Equity Transaction … Continue reading “Impinj Secures $5,800,000 New Financing Round”
C$ cMoney Obtains $100,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d92fc094-a66c-44b7-b990-75bbbed39e3e&Preview=1 Date 7/9/2010 Company Name C$ cMoney Mailing Address P.O. Box 572335 Houston, TX 77275 Company Description C$ cMoney, Inc. is a Houston-based company that has developed a new and innovative way to send money and pay for goods and services using a cell phone and the text messaging system. It can … Continue reading “C$ cMoney Obtains $100,000,000 New Round”
Theranos Raises $45M For Personalized Medicine
Theranos, the Palo Alto, CA-based company that seeks to put together health IT systems that support more personalized medicine, has raised $45 million in new equity and option financing in a deal that could ultimately be worth as much as $100 million, according to a regulatory filing. Theranos didn’t issue a statement today about the … Continue reading “Theranos Raises $45M For Personalized Medicine”
Xactly Raises $7.5M
San Jose, CA-based Xactly, which makes software for automating the tracking of commission-based compensation for sales staff, has raised $7.5 million in equity-based financing in a round that could total as much as $12.5 million, according to a regulatory filing published today. The identities of the investors weren’t disclosed, and Xactly representatives were not immediately … Continue reading “Xactly Raises $7.5M”
Mirador Biomedical Seeks FDA Nod
Seattle-based Mirador Biomedical said today it has filed for FDA clearance to start selling a device that helps medical professionals tell the difference between a vein or an artery as a catheter gets inserted. More than 6 million central venous procedures are done each year in the U.S., and thousands of people suffer severe injuries … Continue reading “Mirador Biomedical Seeks FDA Nod”
Big Fish, Z2Live Add Voice Chat to Games
Seattle-based Big Fish Games, a leading casual game developer and distributor, has teamed up with Z2Live to add new voice chat and multiplayer capabilities to Big Fish’s iPhone and iPad “Big City Adventure: San Francisco” applications. Z2Live, a social mobile gaming startup, first unveiled its multiplayer voice chat feature, which will allow players to talk … Continue reading “Big Fish, Z2Live Add Voice Chat to Games”
TipCity Offers Search Engine for Diners, Enables Local Restaurants to “Flash Deals”
As the entrepreneur who successfully pioneered Bluetooth software at San Diego’s Widcomm (now part of Broadcom), Hiep Pham is accustomed to taking some calculated risks. Today, he is betting that consumers will respond to “flash deals” for restaurant discounts that are sent to their mobile devices by text message or e-mail, and are displayed on … Continue reading “TipCity Offers Search Engine for Diners, Enables Local Restaurants to “Flash Deals””
Sanofi-Aventis to Expand in Cambridge
Sanofi-Aventis, the French drug giant, plans to expand its operations in Cambridge, MA, to house a new cancer research division, the Boston Globe reported today. The company is seeking a new lease in Cambridgeport and plans to add 300 jobs. The firm, which has research facilities in Kendall Square, says it plans to invest $65 … Continue reading “Sanofi-Aventis to Expand in Cambridge”
Ford Makes it Easier to Avoid Texting While Driving With New SYNC Features
With laws in Michigan and other states cracking down on texting while driving, Ford today unveiled some new features to its SYNC platform, an all-in-one navigation, communication, and entertainment center that takes the next step in Ford’s goal of transforming the automobile into one big, safety-conscious, smartphone on wheels.. New features in Ford’s SYNC product … Continue reading “Ford Makes it Easier to Avoid Texting While Driving With New SYNC Features”
With San Diego as “Ground Zero,” Nissan Targets Pragmatic Car Buyers With Leaf EV—and We Take It for A Test Hum
In the fall of 2008, I was green with cleantech envy when my colleague Greg Huang got to test drive a prototype Tesla Roadster, the luxury, all-electric sports car made by Silicon Valley’s Tesla Motors (NASDAQ: [[ticker:TSLA]]), which became a public company just last week. But yesterday I turned over a new Leaf—and then I … Continue reading “With San Diego as “Ground Zero,” Nissan Targets Pragmatic Car Buyers With Leaf EV—and We Take It for A Test Hum”
Merck to Close Kendall Site
Merck (NYSE: [[ticker:MRK]]) announced plans to shutter its research site in Cambridge, MA’s Kendall Square neighborhood alongside seven other research facilities worldwide over the next two years. It will also phase out another eight manufacturing sites, as part a restructuring plan that follows its November 2009 merger with Schering-Plough. Some of the Kendall Square research … Continue reading “Merck to Close Kendall Site”
$5M for Aurora Feint
Burlingame, CA-based Aurora Feint, maker of the OpenFeint social mobile gaming platform used by thousands of Apple iPhone, iPod touch, and iPad developers, has raised $5 million in new funding from Chinese gaming company The9 Ltd. and technology incubator YouWeb, according to a report in VentureWire. The company plans to use some of the funds … Continue reading “$5M for Aurora Feint”
iPierian Nabs $22M, Names New CEO
iPierian, the South San Francisco-based developer of stem cell technology for drug discovery, said today it has raised $22 million in a Series B venture financing. Google Ventures led the round, which included Mitsubishi UFJ Capital, ATEL Ventures, Kleiner Perkins Caufield & Byers, Highland Capital Partners, MPM Capital, and FinTech Global Capital. In connection with … Continue reading “iPierian Nabs $22M, Names New CEO”
Synchronoss Buys FusionOne
FusionOne, a 12-year-old maker of software for transferring contact information and other content between mobile phones, will be purchased by Bridgewater, NJ-based Synchronoss (NASDAQ: [[ticker:SNCR]]), the companies said yesterday. Synchronoss, which makes systems that automate new-subscriber activation on mobile networks, will pay $40 million up front for FusionOne ($32 million of that in cash, and … Continue reading “Synchronoss Buys FusionOne”
Innovating Where Banks Won’t: Talking with Rich Aberman About WePay’s Vision for Group Payments
It’s too bad the economic collapse of 2008-2009 gave “financial innovation” a bad name, because the online banking and payments sector could actually use a lot more of it. When’s the last time your bank’s website surprised you with a cool new feature or service? For that matter, when’s the last time PayPal rolled out … Continue reading “Innovating Where Banks Won’t: Talking with Rich Aberman About WePay’s Vision for Group Payments”
Infinity Pharma, Intellikine Strike Deal to Make Cancer Drugs Against Hot Target
Cambridge, MA-based Infinity Pharmaceuticals seeks to stay on the leading edge of cancer research, and today it has found something it likes in San Diego. Infinity (NASDAQ: [[ticker:INFI]]) has struck a global development and commercialization deal with San Diego-based Intellikine to pursue drugs aimed at one of the emerging hot targets in biology of cancer … Continue reading “Infinity Pharma, Intellikine Strike Deal to Make Cancer Drugs Against Hot Target”
Cambridge Semantics, Looking to Put Microsoft Excel “On Steroids,” Brings Intelligent Data Sorting to Non-Techies
Semantic technology—a broad term in the software industry for adding meaning to pieces of information so they can more efficiently interact with each other—is seen as a useful vehicle for helping businesses sort through data relevant to their everyday operations. The problem is, IT guys are typically those who have the most access to and … Continue reading “Cambridge Semantics, Looking to Put Microsoft Excel “On Steroids,” Brings Intelligent Data Sorting to Non-Techies”
Gail Maderis, the Boston Biotech Exec Who Came Home to SF, Seeks to Give Back at BayBio
Gail Maderis built a career as a biotech executive in Boston, where she got involved early enough to help shape the rules of the industry that companies live under today. But after more than two decades in New England, Maderis has become one of the key players in the San Francisco Bay Area, the place … Continue reading “Gail Maderis, the Boston Biotech Exec Who Came Home to SF, Seeks to Give Back at BayBio”
Concur Co-founder Raj Singh on How Surviving the Dotcom Bust Shaped the Company Culture and How Mobile Has Changed its Course (Part 1)
Seattle was one of the hardest hit regions during the dotcom boom and subsequent crash of the early 2000s. The companies that were able to survive the fall, however, were grandfathered into a strong regional, and once again booming, technology industry. One of these survivors—now a veteran on the local tech scene—is Redmond, WA-based Concur … Continue reading “Concur Co-founder Raj Singh on How Surviving the Dotcom Bust Shaped the Company Culture and How Mobile Has Changed its Course (Part 1)”
Alnara Pharma Used “Flexible” Strategy on Road to Eli Lilly Deal
Cambridge, MA-based Alnara Pharmaceuticals made headlines before Fourth of July weekend when the drug giant Eli Lilly agreed to buy the startup and its late-stage drug for pancreatic insufficiency for an undisclosed sum. But what might have been lost in all the hoopla about the deal was that there are only 21 full-time employees at … Continue reading “Alnara Pharma Used “Flexible” Strategy on Road to Eli Lilly Deal”
Amazon’s Vision for Biology in the Cloud, Uptake Nabs $17.5M, CMC Icos Mounts Comeback, & More Seattle-Area Life Sciences News
This being a short holiday week, the Seattle biotech roundup is short and sweet. —Seattle-based online retail giant Amazon has been pushing hard for a few years to become the leader in cloud computing, which has enabled a generation of tech startups to run their businesses with less startup capital. But it’s only recently been … Continue reading “Amazon’s Vision for Biology in the Cloud, Uptake Nabs $17.5M, CMC Icos Mounts Comeback, & More Seattle-Area Life Sciences News”
Arena Signs Deal With Eisai for Lorcaserin, Qualcomm CEO Identifies Two Opportunities in Mobile Health, & More San Diego Life Sciences News
The long Fourth of July holiday weekend made for a short week of life sciences news in San Diego. Even if I made short work of this week’s roundup, though, let’s hope you long remain interested. —Qualcomm (NASDAQ: [[ticker:QCOM]]) chairman and CEO Paul Jacobs, who was instrumental in bringing the World Economic Forum’s mobile health … Continue reading “Arena Signs Deal With Eisai for Lorcaserin, Qualcomm CEO Identifies Two Opportunities in Mobile Health, & More San Diego Life Sciences News”
Will New Radiation Labels Affect Mobile Phone Sales?
A new law is about to go into effect in San Francisco requiring sellers of mobile phones to post the “Specific Absorption Rate” (SAR) levels of the devices. How will conveying this information to consumers affect sales of mobile phones and devices—and which manufactures will feel the burden of this new stigma? The Cellular Telecommunications … Continue reading “Will New Radiation Labels Affect Mobile Phone Sales?”
Mall Networks Lands $6.6M More to Push Online Shopping and Rewards Platform
Online shopping—and rewards programs in particular—seem to be on the rise. Mall Networks, a promoter of online customer loyalty programs, has closed a new $6.6 million round of venture funding, according to a regulatory filing with the SEC. Attempts to reach the company, which is headquartered in Lexington, MA, and has an office in Silicon … Continue reading “Mall Networks Lands $6.6M More to Push Online Shopping and Rewards Platform”
Environmental Operating Solutions Obtains $3,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4a85dc3d-611b-4b31-9075-06e08cda2109&Preview=1 Date 7/8/2010 Company Name Environmental Operating Solutions Mailing Address 4A Colonel Drive Bourne, MA 02532 Company Description Environmental Operating Solutions, Inc. (EOS) creates agriculturally-derived products to remove the pollutant nitrogen from wastewater. Our proprietary MicroC™ technology was designed to safely and cost effectively reduce nitrogen by converting it to water and … Continue reading “Environmental Operating Solutions Obtains $3,500,000 New Round”
AdConsent Garners $1,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=626ef8fb-b1e7-4e05-a622-1a33c7c20a82&Preview=1 Date 7/8/2010 Company Name AdConsent Mailing Address 222 3rd St. Cambridge, MA 02142 Company Description A single click connects you directly with your favorite brands. Once connected, enjoy privileged access to information that will put you in the know and save you a bundle. Once you achieve preferred status with the … Continue reading “AdConsent Garners $1,000,000 New Round”
AutoGenomics Secures $17,752,596 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7c339095-b681-4b5f-b1ae-24bd60835276&Preview=1 Date 7/8/2010 Company Name AutoGenomics Mailing Address 2251 Rutherford Road Carlsbad, CA 92008 Company Description AutoGenomics, Inc. is one of the first companies to harness the power of genomic and proteomic analysis to develop, manufacture and market a molecular diagnostics solution specifically designed for the clinical laboratory. The Company has capitalized … Continue reading “AutoGenomics Secures $17,752,596 New Funding Round”
iPierian Garners $22,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2243d1cf-e0e2-4510-ab68-5bc405168f2d&Preview=1 Date 7/8/2010 Company Name iPierian Mailing Address 951 Gateway Blvd South San Francisco, CA 94080 Company Description iPierian is a pioneering biopharmaceutical company that is taking the cutting-edge technologies of cellular reprogramming and directed differentiation to an entirely new level to harness the power of induced pluripotent stem cells to advance … Continue reading “iPierian Garners $22,000,000 Series B Financing”
eMeter Lands $12,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b080e9c2-0f47-42bd-a5aa-85a171682420&Preview=1 Date 7/8/2010 Company Name eMeter Mailing Address 2215 Bridgepointe Parkway San Mateo, CA 94404 Company Description eMeter is a software products and implementation services company serving the utility market place. We understand that today’s utility is as much as a part of the information economy as it is the economy of … Continue reading “eMeter Lands $12,500,000 New Round”
Coveroo Garners $2,300,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=24b623d2-c30e-4db7-919f-986532c2e8fa&Preview=1 Date 7/8/2010 Company Name Coveroo Mailing Address 333 Bryant St. San Francisco, CA 94107 Company Description We are a team of dedicated fun loving professionals on a mission to personalize every electronic device in the world. We all share a love of self expression even though some of us came from … Continue reading “Coveroo Garners $2,300,000 Series B Funding”