PatientPing Garners $9,600,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f9d35cf0-af6b-4a34-abfb-9c70058d1470 Date 11/16/2015 Company Name PatientPing Mailing Address 330 Congress Street 4th Floor Boston, MA 02210 USA Company Description We are building a movement of providers across the country who are transforming how healthcare is delivered by working together to put patients at the center of their care. Website http://www.patientping.com Transaction Type … Continue reading “PatientPing Garners $9,600,000 Series A Round”

Udacity Lands $105,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a8c0b296-3891-4ac9-84c7-2bfc897c3c7f Date 11/11/2015 Company Name Udacity Mailing Address 2390 El Camino Real Palo Alto, CA 94306 USA Company Description Udacity is a totally new kind of learning experience. You learn by solving challenging problems and pursuing udacious projects with world-renowned university instructors (not by watching long, boring lectures). Website http://www.udacity.com Transaction Type … Continue reading “Udacity Lands $105,000,000 New Round”

ClassPass Secures $30,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e7668bec-18a1-49df-bcfd-03c60b6ae377 Date 11/11/2015 Company Name ClassPass Mailing Address 114 West 26th Street New York, NY 10001 USA Company Description ClassPass is a membership program for fitness classes across multiple gyms and studios, making working out more accessible. Since launching in early 2013, ClassPass has facilitated over 60,000 reservations at 1,000+ different classes … Continue reading “ClassPass Secures $30,000,000 New Funding Round”

Hivemapper Obtains $2,900,000 Seed Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=46c84ee0-89a0-4822-be2d-dd10ddefe9df Date 11/6/2015 Company Name Hivemapper Mailing Address 1400 Rollins Road Burlingame, CA 94010 USA Company Description Founded in January of 2015, Hivemapper is a mapping and navigation tool for drone fliers to plan better, explore further, and fly safer. We are mapping the entire earth for drone fliers and making the … Continue reading “Hivemapper Obtains $2,900,000 Seed Financing Round”

Turo Garners $47,000,000 Series C Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=59f00ee7-f0c0-4bf6-96a1-7099d16dc698 Date 11/3/2015 Company Name Turo Mailing Address 463 Bryant St. San Francisco, CA 94107 USA Company Description The company operates a website and service that allows users to share automobiles. Website http://www.turo.com Transaction Type Venture Equity Transaction Amount $47,000,000 Transaction Round Series C Proceeds Purposes Funding will be used to help … Continue reading “Turo Garners $47,000,000 Series C Financing”

Collective Health Receives $81,000,000 Series C Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9c60c727-4f5c-4db3-8888-42b6ecff5138 Date 10/20/2015 Company Name Collective Health Mailing Address 60 E 3rd Ave. San Mateo, CA 94401 USA Company Description Great minds working together to raise your expectations of what a health plan can do. Collective Health is creating the health insurance experience we all want and deserve. We’re starting by fixing … Continue reading “Collective Health Receives $81,000,000 Series C Funding Round”

3 Reasons App Startup Amino Planted Roots in Boston & China

Running a company that has employees located on opposite sides of the globe can be a daunting endeavor fraught with logistical challenges and the occasional cultural disconnect. Those potential pitfalls didn’t faze Amino, the mobile app startup that has firmly planted one foot in Boston and the other in Shanghai, China. It helps that co-founder … Continue reading “3 Reasons App Startup Amino Planted Roots in Boston & China”

Emergent VR Lands $2,200,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=698fcc6c-4d28-4ee8-a81f-9bae69bc6740 Date 10/19/2015 Company Name Emergent VR Mailing Address 1062 Folsom St. San Francisco, CA 94103 USA Company Description Emergent VR, Inc is a technology startup in San Francisco building a new way to create and share moments and memories using virtual reality. They are led by VR, game, and animation industry … Continue reading “Emergent VR Lands $2,200,000 New Financing Round”

23andMe Garners $115,000,000 Series E Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2beb7170-1a2f-49f4-b3d3-c06a6107f3ad Date 10/14/2015 Company Name 23andMe Mailing Address 1390 Shorebird Way Mountain View, CA 94043 USA Company Description 23andMe is focused on empowering individuals to access, explore, and better understand their genetic information, making use of recent advances in DNA analysis technologies and proprietary web-based software tools. Website http://www.23andme.com Transaction Type Venture … Continue reading “23andMe Garners $115,000,000 Series E Financing”

Symphony Lands New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9ff89f61-4a57-4e71-9365-a8ff608a69a2 Date 10/6/2015 Company Name Symphony Mailing Address 555 College Ave. Palo Alto, CA 94306 USA Company Description Symphony’s secure, cloud-based communications service delivers the next wave in organizational productivity where markets and individuals come together to create vibrant communities in which to share content, insights and opinions without compromising on organizational … Continue reading “Symphony Lands New Financing Round”

Medium Garners $57,000,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a7e53789-b69d-404b-84d4-eee21d05c4ee Date 9/28/2015 Company Name Medium Mailing Address Undisclosed San Francisco, CA 94105 USA Company Description Medium is based on the belief that the sharing of ideas and experiences is what moves humanity forward. The Internet is the greatest idea-sharing tool ever imagined, but they’ve only scratched the surface of its capabilities. … Continue reading “Medium Garners $57,000,000 Series B Funding Round”

Metabiota Garners $1,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f39c88e7-6e03-4149-8723-6c4bd1610e7e Date 9/24/2015 Company Name Metabiota Mailing Address 425 California Street 2nd Floor San Francisco, CA 94104 USA Company Description Metabiota aims to assess and respond to infectious disease threats through pathogen discovery, disease detection, and threat characterization. Our pioneering science begins in viral hot spots where we conduct endemic and epidemic … Continue reading “Metabiota Garners $1,000,000 New Funding Round”

Jaunt Obtains $65,000,000 Series C Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f1bb6282-2685-4071-9228-caedd2e62154 Date 9/21/2015 Company Name Jaunt Mailing Address 300 Hamilton Ave. 3rd Floor Palo Alto, CA 94301 USA Company Description Jaunt is a company developing technologies that capture and display 360 degree video content. Website http://www.jauntvr.com Transaction Type Venture Equity Transaction Amount $65,000,000 Transaction Round Series C Proceeds Purposes This latest round … Continue reading “Jaunt Obtains $65,000,000 Series C Financing Round”

Sequoia Capital’s Goetz on Carbon3D, a North Carolina-Born “Unicorn”

Sequoia Capital’s Jim Goetz invested in the North Carolina-born 3D printing startup that would go on to become the venture capital firm’s latest “unicorn” after seeing the technology in action—demonstrated by the high school student who helped build the prototype printer. Carbon3D’s technology can 3D print in minutes what takes hours with currently available technology. … Continue reading “Sequoia Capital’s Goetz on Carbon3D, a North Carolina-Born “Unicorn””

Alector Raises $32M For Immune-Based Neuro Drug Development

Researchers around the world have explored the ties between the immune system and devastating neurodegenerative diseases such as Alzheimer’s. San Francisco biotech Alector wants to exploit those ties to make drugs, and today it announced $32 million in venture funding—with another round likely coming by year’s end—to continue that work. Alector was founded two years … Continue reading “Alector Raises $32M For Immune-Based Neuro Drug Development”

Alector Garners $32,275,003 Series C Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1e69f982-a976-4a0d-a51b-962bf1449157 Date 9/16/2015 Company Name Alector Mailing Address 953 Indiana Street San Francisco, CA 94107 USA Company Description Alector is combining state-of-the-art antibody technology and recent discoveries in neuroimmunolgy and human genetics to develop novel therapeutics for Alzheimer’s disease, other forms of dementia, and mechanistically related neurodegenerative disorders. Website http://www.alector.com Transaction Type … Continue reading “Alector Garners $32,275,003 Series C Financing Round”

West Coast Biotech Roundup: Adaptive, Synthorx, USC v. UCSD, 23andMe

The West Coast, according to the self-aggrandizing myth, is a place of re-invention, non-conformism, un-convention. You see this box, man? Our brains are over here, thinking outside of it. It’s all good. Just ask Don Draper. Sometimes it just leads to a new Coke commercial, at least in Mad Men’s retelling of the tale, but … Continue reading “West Coast Biotech Roundup: Adaptive, Synthorx, USC v. UCSD, 23andMe”

Carbon3D Gains Google’s $100M Backing for 3-D Printing Tech

[Updated 8/20/15, 5 p.m. See below.] Is Carbon3D the next step in 3-D printing? Google seems to think so. Google Ventures led a $100 million round in the San Francisco-based company, which has developed a method of “printing” objects from a liquid resin using a photochemical process that it says is based on a a character … Continue reading “Carbon3D Gains Google’s $100M Backing for 3-D Printing Tech”

Carbon3D Obtains $100,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7645a7e0-efde-4025-b0c0-db3bec3fea7c Date 8/20/2015 Company Name Carbon3D Mailing Address 312 Chestnut Street Redwood City, CA 94063 USA Company Description By bringing a fresh perspective to the challenges of 3D printing, we are committed to advancing the industry beyond basic prototyping to true 3D manufacturing. Website http://www.carbon3d.com Transaction Type Venture Equity Transaction Amount $100,000,000 … Continue reading “Carbon3D Obtains $100,000,000 New Funding”

As Google Restructures to Alphabet, Innovation Remains in Focus

Most tech companies fear that growth could stifle innovation. At Google, founders Larry Page and Sergey Brin have historically suppressed that concern by using its billions of dollars in advertising and search engine revenues to invest in, build, and acquire creative technology. Now the Silicon Valley search giant is separating what The New York Times … Continue reading “As Google Restructures to Alphabet, Innovation Remains in Focus”

CRISPR Race Heats Up As Gates, Crossovers Put $120M Into Editas

To this point, the technology known as CRISPR-Cas9 has been a science project, a research tool with enormous potential—and significant questions to answer—on which venture capitalists have placed bets by forming a group of startups. The jackpot: CRISPR-Cas9, a method of performing precise genetic surgery, might yield treatments for a wide array of previously intractable … Continue reading “CRISPR Race Heats Up As Gates, Crossovers Put $120M Into Editas”

Editas Medicine Garners $120,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=40dabca8-96b7-4f49-9b03-3d2fac69de55 Date 8/10/2015 Company Name Editas Medicine Mailing Address 300 Third Street 1st Floor Cambridge, MA 02142 USA Company Description The company’s mission is to translate its genome editing technology into a novel class of human therapeutics that enable precise and corrective molecular modification to treat the underlying cause of a broad … Continue reading “Editas Medicine Garners $120,000,000 New Funding”

FDA Taps DNAnexus to Build Platform for Crowdsourcing Diagnostics

There is an FDA project underway that could help change the way molecular diagnostics are developed, evaluated, and regulated in the U.S. one day, should things go the way the agency intends. And Mountain View, CA-based DNAnexus is getting the first crack at building the platform at the plan’s heart. DNAnexus, the genomics analytics startup … Continue reading “FDA Taps DNAnexus to Build Platform for Crowdsourcing Diagnostics”

Panorama Pulls In $12M to Make Push Into Education Analytics

One of the hottest edtech startups in town has some new cash to play with. And it will probably need every cent, if it wants to realize its vision of transforming K-12 education with data and analytics. Boston-based Panorama Education has raised a $12 million Series A venture round, most of it from new investors … Continue reading “Panorama Pulls In $12M to Make Push Into Education Analytics”

Granular Receives $18,700,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=477a3f52-a963-42ee-b106-e989e6557cea Date 7/22/2015 Company Name Granular Mailing Address 501 2nd Street San Francisco, CA 94107 USA Company Description The business of production agriculture is increasingly complex. To grow in today’s challenging environment, every decision has to be the best decision. Granular’s business software and analysis platform allows producers to improve efficiency, yields … Continue reading “Granular Receives $18,700,000 Series B Funding Round”

Panorama Expands School Surveys, Brings Insights to Education

Good data is hard to find. Whether you’re applying it to business intelligence or security, across industries like retail, travel, or healthcare, the quality of information used to make decisions is crucial. To solve this expanding problem, a number of technology companies have emerged around cleaning and organizing data, making it more shareable, and understanding … Continue reading “Panorama Expands School Surveys, Brings Insights to Education”

Bay Area Funding Roundup: Fitbit, Cohesity, Doctor On Demand, Fetch

Fitbit’s mammoth initial public offering was the big Bay Area fundraising event of the week, roping in more than $700 million for the company and giving investors who paid the IPO price of $20 an immediate 50 percent bump in the first day of trading Thursday. But a few other companies in the region also … Continue reading “Bay Area Funding Roundup: Fitbit, Cohesity, Doctor On Demand, Fetch”

Tamr Takes in $25M and West Coast Turing Award Tour

There’s a lot happening in the field of data management for enterprise companies. Now a Boston-area startup led by some prominent entrepreneurs is getting more cash to go big. Tamr has just raised $25.2 million in Series B funding from Hewlett Packard Ventures, Thomson Reuters, MassMutual Ventures, and previous investors NEA and Google Ventures. The … Continue reading “Tamr Takes in $25M and West Coast Turing Award Tour”

Yesware Says Yes to $13M VC Funding, No to Tech Bubble

Somewhere between the early-stage rocket ships and later-stage unicorns, there is a group of tech companies quietly building their businesses. Yesware is one of those companies. The Boston-based maker of software for salespeople occupies a mid-stage niche in the startup market. The 70-person company has been around since 2010 and has been growing steadily. No … Continue reading “Yesware Says Yes to $13M VC Funding, No to Tech Bubble”

West Coast Biotech Roundup: Regulus, Ardelyx, Juno, Sangamo & More

While a big slice of the oncology world was packed into a Chicago conference center earlier this week for the American Society for Clinical Oncology conference, other news happened, too. In San Diego, Regulus lost a CEO, and in the Bay Area, Ardelyx said goodbye to a big partner. In Seattle, Juno kept churning out … Continue reading “West Coast Biotech Roundup: Regulus, Ardelyx, Juno, Sangamo & More”

Exosuits, Startups, and VCs Swarm Around Harvard Robotics Meetup

If you want to catch a glimpse of venture capitalists in their natural habitat, check out the robotics meetups around town. That’s a takeaway from one such gathering of researchers and demos last Wednesday, hosted by the Wyss Institute and Harvard’s School of Engineering and Applied Sciences. A quick look around the room and you’d … Continue reading “Exosuits, Startups, and VCs Swarm Around Harvard Robotics Meetup”

AltspaceVR Launches Social Media-Virtual Reality Combo

Virtual reality has been pegged as the province of 18-35-year-old males eager to enhance their gamer experiences, AltspaceVR CEO Eric Romo says. But it won’t stay that way for long, if Romo’s entrepreneurial vision comes true. Romo’s Redwood City, CA-based startup today launched its free software designed to appeal to a user base as broad … Continue reading “AltspaceVR Launches Social Media-Virtual Reality Combo”

Duo Security: (Big) New Money, New Platform, New Offices

Duo Security, the Ann Arbor, MI-based startup developing two-factor authentication tools to protect businesses from hackers, announced this week that it has raised $30 million in a Series C round led by Redpoint Ventures. Duo co-founder and CTO Jon Oberheide said the round included follow-on participation from previous investors such as Google Ventures, Resonant Venture … Continue reading “Duo Security: (Big) New Money, New Platform, New Offices”

Diving Deeper Into Cybersecurity, Recorded Future Reels In $12M

[Updated, 5/6/15. See below] Cyber attacks are so bad for business, they have made at least one rising tech company apply its broader data-analysis software to security problems. Recorded Future got started about five years ago—originally to develop technology for helping defense and financial analysts track global events and try to predict when and where … Continue reading “Diving Deeper Into Cybersecurity, Recorded Future Reels In $12M”

ZenPayroll CEO: It’s Not the Money ($60M), It’s the Investor (Google)

Sometimes landing the right investor is more important than getting a higher valuation. Just ask ZenPayroll CEO and co-founder Joshua Reeves. San Francisco-based ZenPayroll may have been able to get more favorable terms than a $560 million post-money valuation, according to Reeves. But the startup raised a $60 million Series B round Monday at that … Continue reading “ZenPayroll CEO: It’s Not the Money ($60M), It’s the Investor (Google)”

Openbay CEO: Diagnosis Software for Connected Cars Is a Big Market

Just as GPS navigation and power windows eventually became standard in vehicles, being connected to the Internet is the next automotive luxury upgrade that will become commonplace, according to Rob Infantino. He’s the CEO and founder of Openbay, an online marketplace for finding quotes on auto repairs. Openbay, a Boston company backed by Google Ventures … Continue reading “Openbay CEO: Diagnosis Software for Connected Cars Is a Big Market”

Spruce Nabs $15M Series A to Connect Dermatologists and Patients

Startups have been trying to digitize real world businesses for years in an attempt to make the experience easier, more cost effective, and efficient. Spruce, a company with an app that acts as a digital doctor’s office, has closed a $15 million Series A round to do just that for diagnosing and treating dermatological conditions. … Continue reading “Spruce Nabs $15M Series A to Connect Dermatologists and Patients”

23andMe Adds On: More About The Gene-Test Maker’s Drug R&D Ambitions

As I reported earlier, 23andMe today announced its intention to pursue pharmaceutical R&D, in addition to its business selling direct-to-consumer genetic test kits. To lead its new drug research group, it has tapped Richard Scheller, the longtime head of research at Genentech and a distinguished neuroscientist. Scheller wasn’t available to talk today, but after posting … Continue reading “23andMe Adds On: More About The Gene-Test Maker’s Drug R&D Ambitions”

Design Icon Diane von Furstenberg Talks Entrepreneurship at NYU

Last night, fashion designer Diane von Furstenberg shared some frank insights on her early challenges building a business—and being heard—when she gave the keynote address for the Women Entrepreneurs Festival held at New York University. In a fireside chat, von Furstenberg spoke with New York-based angel investor Joanne Wilson, who cofounded the two-day event. Von … Continue reading “Design Icon Diane von Furstenberg Talks Entrepreneurship at NYU”

It Had to be You: Why Roche Was The Lone Suitor For Foundation

The buzz from day one of the J.P. Morgan Healthcare Conference in San Francisco earlier this week was the announcement on Sunday night by Roche that it was acquiring a majority interest in Foundation Medicine (NASDAQ: [[ticker:FMI]]) for a bit more than $1 billion in cash, which translates into $50 a share. Those were just … Continue reading “It Had to be You: Why Roche Was The Lone Suitor For Foundation”

Genentech Redux? Roche Buys Majority Stake in Foundation Medicine

In a deal that shakes up the full-steam-ahead world of cancer diagnostics, the world’s top oncology drug company, Roche, said today it’s spending more than $1 billion for a majority stake in Foundation Medicine and creating a powerful drug-diagnostic collaboration. It’s a significant gamble on the as-yet-unrealized potential of tests that aim for broad genetic … Continue reading “Genentech Redux? Roche Buys Majority Stake in Foundation Medicine”

From American Well to Venture Capitalists, Health IT on the Rise

Companies in healthcare IT have been percolating for the past five-plus years. Now, with the regulatory climate evolving and big companies like Apple getting more serious about health and wellness, it looks like 2015 could be when it’s all going to pop. Let’s connect a few dots: —American Well has raised $80 million in Series … Continue reading “From American Well to Venture Capitalists, Health IT on the Rise”

Adelphic Advancing Mobile Ads With Apple Deal, New Funding

The field of mobile advertising has been evolving steadily but fairly quietly in the past year. Now startups are ready to make more noise, thanks in part to the world’s biggest tech company. Boston-area startup Adelphic says today it has raised $11 million in Series B venture money, which brings its total funding to $23 … Continue reading “Adelphic Advancing Mobile Ads With Apple Deal, New Funding”

Smarterer Sold to Utah-Based Pluralsight for $75M

One of the Boston area’s most active entrepreneurs has found a buyer for one of his startups. Dave Balter’s Smarterer, an online job-skills testing service, has been acquired by Utah-based online training company Pluralsight for $75 million. The roughly 18-person Smarterer team will continue working on the company in Boston with a strong budget behind it, … Continue reading “Smarterer Sold to Utah-Based Pluralsight for $75M”

Uber CEO Kalanick Takes a Victory Lap in Boston

Two years ago, smartphone car-hailing startup Uber ran into the kind of bruising regulatory battle in Boston that it seems to start just about everywhere. Faced with a statewide shutdown for using an unapproved taxi meter, the company rallied fans and media boosters to its cause and won a swift reprieve from Gov. Deval Patrick. … Continue reading “Uber CEO Kalanick Takes a Victory Lap in Boston”

With New VC Bucks, Product Hunt Taps the Wisdom of the In-Crowd

What if you could eavesdrop as a select group of venture capitalists, early adopters, and startup founders hashed over the merits of hot new tech products every day? That’s the experience San Francisco-based Product Hunt aims to offer, and the young enterprise, part of the Y Combinator summer 2014 class, just raised $6.1 million in … Continue reading “With New VC Bucks, Product Hunt Taps the Wisdom of the In-Crowd”

Ex-Googlers Get Seed Funding, Launch Cord App to Make Gadgets Chatty

Sure, smartphones let people make calls, but text messages often dominate communication these days. A duo who previously worked at Google Creative Lab in New York developed an app they believe will inject voice back into the conversation. Brooklyn-based Cord Project released its Cord app last week for iOS devices, which lets people quickly record … Continue reading “Ex-Googlers Get Seed Funding, Launch Cord App to Make Gadgets Chatty”

Video Chatting and Watching Gets a Social Makeover from Rabbit

Catching a video online is usually a solitary affair. One startup is hoping to turn that into a shared experience. The company, Redwood City, CA-based Rabbit, lets visitors to its website create video chat sessions with up to 10 friends or coworkers, where they can watch online media or collaborate on documents together. That can … Continue reading “Video Chatting and Watching Gets a Social Makeover from Rabbit”

Shopping App Spring, Founded by Fab and Techstars Alums, Has Arrived

It may be the tail end of summer, but Spring has bloomed. The New York-based startup launched its shopping app late last week, giving consumers a mobile way to discover and buy products directly from brands and designers. Currently available for iOS devices, Spring is a bit different from other marketplaces that sell curated items, says … Continue reading “Shopping App Spring, Founded by Fab and Techstars Alums, Has Arrived”

Be Gone, Junk: Austin Startup Touts “Reverse Amazon” Service

Amazon makes it easy to buy a lot of stuff. Gone wants to bring that ease to getting rid of it all. Today, the Austin, TX-based startup has unveiled its app designed to help consumers sell unwanted items around the house. The service is available in Austin and San Francisco, with plans to expand to … Continue reading “Be Gone, Junk: Austin Startup Touts “Reverse Amazon” Service”