Transphorm Garners $24,999,999 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5892eae1-a78c-43a7-b4fb-466e6882fd88&Preview=1 Date 6/16/2011 Company Name Transphorm Mailing Address 115 Castilian Dr. Goleta, CA 93117 Company Description Transphorm is engaged in developing novel solutions to enhance global efficiency by revolutionizing the generation and use of clean energy. Website http://www.transphormusa.com Transaction Type Venture Equity Transaction Amount $24,999,999 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Transphorm Garners $24,999,999 New Funding Round”

iPierian Shakeup Continues, as Chairman Corey Goodman, Scientist Doug Melton Exit Stem Cell Startup

Two of the leaders at iPierian, the high-profile stem cell startup in South San Francisco co-founded by scientists at the Harvard Stem Cell Institute, have left the company in the wake of its strategic shift this spring, Xconomy has learned. Corey Goodman, the prominent neuroscientist and biotech executive, has resigned his position as chairman of … Continue reading “iPierian Shakeup Continues, as Chairman Corey Goodman, Scientist Doug Melton Exit Stem Cell Startup”

60 Seconds with Smarterer CEO Jennifer Fremont-Smith

Smarterer, a Boston-based tech startup, is generating some buzz this week, having demoed its product at the WebInno meeting last night. The company started in the fall of 2010, founded by Dave Balter, Jennifer Fremont-Smith, and Michael Kowalchik. It provides crowdsourced skills tests on digital, social, and other techie tools—think Twitter, Ruby, Matlab, Photoshop. Job … Continue reading “60 Seconds with Smarterer CEO Jennifer Fremont-Smith”

VigLink Aims to Turn Links Into Gold—But Will the Golden State Force the Company Out?

In the spring of 2009, when former Microsoft engineer Oliver Roup was finishing his second year at Harvard Business School, he entered the idea for his future company, VigLink, in the school’s annual business plan competition. During his live presentation to the judging panel, he showed off some code he’d written to help Web publishers … Continue reading “VigLink Aims to Turn Links Into Gold—But Will the Golden State Force the Company Out?”

RelayRides Picks Up $673K

RelayRides, the Google Ventures-backed car-sharing startup, has raised $672,500 in new working capital in an offering of debt and equity, according to a regulatory filing. The company moved its headquarters from the Boston area to San Francisco last year and subsequently raised at least $5.1 million from backers including Google Ventures and August Capital.

Kabam Secures $85,000,000 Series D Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=baa7a4fe-8c9a-4b45-a3bf-062a8280699e&Preview=1 Date 5/26/2011 Company Name Kabam Mailing Address 101 Redwood Shores Parkway Redwood City, CA 94065 Company Description The Kabam platform enables fans to connect with other fans in entertainment and sports communities inside their favorite social networks: Facebook, MySpace, Bebo, and Friendster. Website http://www.kabam.com Transaction Type Venture Equity Transaction Amount $85,000,000 … Continue reading “Kabam Secures $85,000,000 Series D Funding”

Terra-Gen Power Lands $55,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=30ec95ec-7f33-46e3-8a1b-3e04dab51529&Preview=1 Date 5/24/2011 Company Name Terra-Gen Power Mailing Address 1095 Avenue of the Americas 25th Floor New York, NY 10036 Company Description Terra-Gen Power is a renewable energy company focused on geothermal, wind and solar generation. Terra-Gen Power owns 1,131 MW (net equity) in twenty-one operating renewable energy projects across the Western … Continue reading “Terra-Gen Power Lands $55,000,000 New Funding Round”

Hipster Lands $1,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1954127b-7074-44f6-bf13-7bb9b4b0c95f&Preview=1 Date 5/17/2011 Company Name Hipster Mailing Address Undisclosed San Francisco, CA 94105 Company Description The company offers a local Q&A service. Website http://www.hipster.com Transaction Type Venture Equity Transaction Amount $1,000,000 Transaction Round Undisclosed Proceeds Purposes The company will use part of proceeds to move its operations from Los Angeles to San … Continue reading “Hipster Lands $1,000,000 New Financing”

iPierian, Stem Cell Startup With Big Science & Big Bucks, Axes Group of Top Executives

The board of iPierian, the South San Francisco-based stem cell company with high-profile scientific founders from Harvard University and prominent financial backers that include GlaxoSmithKline, Kleiner Perkins Caufield & Byers, Google Ventures, and Biogen Idec, has terminated several members of the company’s senior executive team as part of a shift in strategy, Xconomy has learned. … Continue reading “iPierian, Stem Cell Startup With Big Science & Big Bucks, Axes Group of Top Executives”

LevelUp Joins the Deals Bandwagon with a Boost from Levi’s and American Express

Boston-based SCVNGR started out in 2008 doing exactly what its name suggests—organizing mobile-based scavenger hunts. Since then, the startup has been downright Protean, morphing into a Foursquare-like system of location-based checkins and rewards and then introducing a Groupon-like spinoff called LevelUp. But while it still isn’t clear whether 22-year-old CEO Seth Priebatsch wants to be the … Continue reading “LevelUp Joins the Deals Bandwagon with a Boost from Levi’s and American Express”

INVIDI Technologies Lands $49,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2cd3a3d2-2481-4a84-aef4-9c57e32c9bc6&Preview=1 Date 4/15/2011 Company Name INVIDI Technologies Mailing Address 420 Lexington Avenue New York, NY 10170 Company Description INVIDI Technologies Corporation is the world’s only truly addressable targeted television advertising and marketing solution for cable, satellite and IPTV service providers at the headend, household and individual viewer level. Website http://www.invidi.com Transaction Type … Continue reading “INVIDI Technologies Lands $49,000,000 New Round”

Apperian Adds $9.5M from North Bridge, Bessemer, Kleiner Perkins, Looks to Dominate in Enterprise Mobile Apps

It’s a big day for the New England mobile community. Boston-based Apperian, the maker of a software platform for enterprise mobile apps, said it has raised a $9.5 million Series A round from North Bridge Venture Partners, Bessemer Venture Partners, and Kleiner Perkins Caufield & Byers (iFund, focused on Apple iPad and iPhone software). The … Continue reading “Apperian Adds $9.5M from North Bridge, Bessemer, Kleiner Perkins, Looks to Dominate in Enterprise Mobile Apps”

HubSpot CEO Brian Halligan on M&A Strategy, Lessons from PTC and Groove, and Boston as the “Next Madison Avenue”

They are the “Mad Men” of the future—the guys (and gals here in the 21st century) at marketing-tech companies like HubSpot, Constant Contact, DataXu, BzzAgent, Demandware, and Performable. I’m not a big fan of the show, so I won’t take the analogy much further. But perhaps Brian Halligan, the co-founder and CEO of Cambridge, MA-based … Continue reading “HubSpot CEO Brian Halligan on M&A Strategy, Lessons from PTC and Groove, and Boston as the “Next Madison Avenue””

CoolPlanetBioFuels Lands Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=99fe6e76-8c4a-4c34-9f1e-d903e17c85d5&Preview=1 Date 3/18/2011 Company Name CoolPlanetBioFuels Mailing Address 543 Calle San Pablo Camarillo, CA 93012 Company Description CoolPlanetBioFuels, based in Camarillo, California, is developing a revolutionary thermal/mechanical processor that directly inputs raw biomass such as woodchips, crop residues and non-food fuel crops, and produces distinct gas streams for catalytic upgrading to conventional … Continue reading “CoolPlanetBioFuels Lands Series B Financing”

Google Invests in CoolPlanetBioFuels

CoolPlanetBioFuels of Camarillo, CA, said today that it has collected a Series B financing round from Google Ventures, the investing wing of the Mountain View, CA, search giant. The amount of the investment was not specified. CoolPlanetBioFuels says it’s developing a “thermal/mechanical” fractionation technology that extracts hydrocarbons from stripped corncobs, corn stalks, wood chips, and … Continue reading “Google Invests in CoolPlanetBioFuels”

Google Funds HubSpot, AdGrok Emerges from Beta, Steve Blank Calls for “E-Schools,” & More Bay Area BizTech News

Our infotech coverage at Xconomy San Francisco was on the thin side last week, mainly because I spent the week in Boston organizing and emceeing Xconomy’s annual mobile technology conference, Mobile Madness. Here’s the brief rundown: —Three Bay Area organizations—Google Ventures, Sequoia Capital, and Salesforce.com—led a large Series D financing round for Cambridge, MA-based HubSpot, … Continue reading “Google Funds HubSpot, AdGrok Emerges from Beta, Steve Blank Calls for “E-Schools,” & More Bay Area BizTech News”

VigLink Raises $5.4 Million

VigLink, a San Francisco startup that helps website owners track outgoing traffic—that is, “outclicks” that can drive affiliate commissions—announced yesterday that it has collected $5.4 million in a Series B financing round led by Emergence Capital. Existing backers Google Ventures and First Round Capital also participated. Emergence Capital partner Kevin Spain has joined VigLink’s board. … Continue reading “VigLink Raises $5.4 Million”

SCVNGR Rolls Out Location-Based Deals Service in Boston, Philadelphia

“SCVNGR is kind of a weird company.” That’s what it says in its press release today, so you know it’s true. And not only because it needs to buy a vowel. The Cambridge, MA, location-based gaming startup’s latest “weird” move is a potentially lucrative one. It is entering the local deals sector to compete with … Continue reading “SCVNGR Rolls Out Location-Based Deals Service in Boston, Philadelphia”

VigLink Secures $5,400,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=42ae1a8e-4141-4bd6-b7f9-31e4d0ae635e&Preview=1 Date 3/10/2011 Company Name VigLink Mailing Address 420 Bryant Street San Francisco, CA 94107 Company Description The company provides consumers extra income from online link sharing. Website http://www.viglink.com Transaction Type Venture Equity Transaction Amount $5,400,000 Transaction Round Series B Proceeds Purposes The financing will be used to accelerate VigLink’s hiring in … Continue reading “VigLink Secures $5,400,000 Series B Financing”

Google Ventures, Sequoia, Salesforce Lead $32M Financing Round for HubSpot

[Updated 2:00 pm ET with additional perspective from the investors] Three Bay Area organizations are behind a big $32 million investment in Cambridge, MA-based marketing software company HubSpot. The Series D financing round, announced today, was led by Google Ventures, Sequoia Capital, and Salesforce.com, with Hubspot’s existing investors General Catalyst, Matrix Partners, and Scale Venture … Continue reading “Google Ventures, Sequoia, Salesforce Lead $32M Financing Round for HubSpot”

RelayRides Raises $5.1M

RelayRides, a San Francisco-headquartered person-to-person car-sharing startup with an office in Boston, has raised $5.1 million of an equity-based funding round that could total $5.9 million, according to an SEC document filed yesterday.  The company, which started in Cambridge and last year participated in the Boston incubator program MassChallenge, announced in December that it had … Continue reading “RelayRides Raises $5.1M”

HubSpot Secures $32,000,000 Series D Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d8b4688b-55d2-4cfd-ae8a-9f22906708ca&Preview=1 Date 3/8/2011 Company Name HubSpot Mailing Address One Broadway 5th Floor Cambridge, MA 02142 Company Description HubSpot is an Internet marketing software platform that enables your company to get more leads from your website by driving more prospects to your website and converting more of them into leads. HubSpot software tracks … Continue reading “HubSpot Secures $32,000,000 Series D Funding”

IPad 2 Unveiled, Altius Rethinks Junior College, Hipmunk Adds Hotel Search, Thrutu Reimagines the Phone Call, & More Bay Area BizTech News

While Apple’s iPad 2 announcement was the marquee event in the San Francisco/Silicon Valley tech scene last week, there was plenty of other news, including the debut of some interesting new Web and mobile applications. —My biggest project of the week was preparing an in-depth analysis of Altius Education, the venture-backed, San Francisco-based company working … Continue reading “IPad 2 Unveiled, Altius Rethinks Junior College, Hipmunk Adds Hotel Search, Thrutu Reimagines the Phone Call, & More Bay Area BizTech News”

Google, Khosla Money Rains on WeatherBill, A Startup Actually Doing Something About the Weather

You don’t often hear the words “technology” and “insurance” in the same sentence. But at a press event today, a high-tech weather insurance startup called WeatherBill announced that it has received a big infusion of Series B cash from some serious Silicon Valley investors, including Google Ventures and Khosla Ventures, for its automated system of reimbursing … Continue reading “Google, Khosla Money Rains on WeatherBill, A Startup Actually Doing Something About the Weather”

Box.net Nabs $48M, BookRenter Books $40M, Transphorm Absorbs $20M, & More Bay Area BizTech News

Even though last week was a short one thanks to the Presidents’ Day holiday, there was a storm of tech news in the San Francisco Bay Area, with a few major funding announcements taking top billing. Alas, hopes for a different kind of storm didn’t pan out—snow reached only the uppermost elevations in San Francisco … Continue reading “Box.net Nabs $48M, BookRenter Books $40M, Transphorm Absorbs $20M, & More Bay Area BizTech News”

WeatherBill Obtains $42,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8166d6bb-24ec-4296-ac2e-475fe41ad54d&Preview=1 Date 2/28/2011 Company Name WeatherBill Mailing Address 420 Bryant Street San Francisco, CA 94107 Company Description WeatherBill is the first service to provide affordable and easy-to-use weather coverage to protect revenue and control costs for the millions of businesses impacted by the weather. Website http://www.weatherbill.com Transaction Type Venture Equity Transaction Amount … Continue reading “WeatherBill Obtains $42,000,000 Series B Funding”

Gearing Up for Mobile Madness on March 9: Top Themes to Watch

Mobile is becoming redundant: in technology, everything is mobile. It’s not just location-based services, or devices, or advertising—it’s networks, consumer Web apps, business software, social commerce, human-computer interfaces, you name it. Every company and every tech entrepreneur is touched by this revolution. That’s part of why the future of mobile is so exciting—and so very … Continue reading “Gearing Up for Mobile Madness on March 9: Top Themes to Watch”

Google Ventures Leads $20M Round for Transphorm to Battle “Hidden Tax” in Power Conversion

There’s a hidden tax when you pay your electricity bill, says Umesh Mishra, a professor in the college of engineering at the University of California, Santa Barbara. It’s the energy lost when power is converted from the alternating current coming out of a wall socket to the direct current needed by computers, TVs, and other … Continue reading “Google Ventures Leads $20M Round for Transphorm to Battle “Hidden Tax” in Power Conversion”

500 Startups Launches Accelerator, Animoto Goes HD, Inside Astia’s Success & More Bay Area Biztech News

In startup and technology news last week, it was nearly all incubators and accelerators, all the time. —Angel investing whirlwind Dave McClure, the founder of 500Startups, took the lid off his new startup accelerator program, based in downtown Mountain View, CA. Twelve companies have already joined the program, which provides startups with mentorship, product design … Continue reading “500 Startups Launches Accelerator, Animoto Goes HD, Inside Astia’s Success & More Bay Area Biztech News”

Google Ventures in Dasient Round

Dasient, a Sunnyvale, CA-based maker of anti-malware software for companies that operate on the Web, announced Thursday that it has closed a Series A financing round led by Google Ventures. Also joining the round—the amount of which was not disclosed—were existing investors Benhamou Global Ventures, Floodgate Fund, and Radar Partners. Google Ventures partner Karim Faris has … Continue reading “Google Ventures in Dasient Round”

Dasient Garners New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=88543e1a-cc66-4d8c-89cc-18f58a097277&Preview=1 Date 2/7/2011 Company Name Dasient Mailing Address 1196 Borregas Sunnyvale, CA 94089 Company Description Dasient is an early-stage company that is solving next-generation security problems for the Internet. Our founding team comes from Google, Berkeley, Stanford, McKinsey, HP, and Bellcore. Website http://www.dasient.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round … Continue reading “Dasient Garners New Financing”

LawPivot Secures $600,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=12e12330-7e62-4cea-aee3-e90433a9acd3&Preview=1 Date 1/20/2011 Company Name LawPivot Mailing Address Undisclosed Undisclosed, CA 94000 Company Description The company operates a website and service that provides crowd source legal advice to technology companies. Website http://www.lawpivot.com Transaction Type Venture Equity Transaction Amount $600,000 Transaction Round Undisclosed Proceeds Purposes With our angel funding, we plan to further … Continue reading “LawPivot Secures $600,000 New Financing Round”

23andMe Adds $9M to VC Round

23andMe, the Mountain View, CA-based maker of consumer-oriented genetic tests, said today it has raised another $9 million to top off its Series C venture round at a total of $31 million. MPM Capital joined the investment round, and MPM’s Ashley Ledbetter Dombkowski is joining the company’s board in connection with the financing. 23andMe said … Continue reading “23andMe Adds $9M to VC Round”

SCVNGR Scares Up $15M, Genocea Gets $35M, Zeo Zeros in on $12.3M, & More Boston-Area Deals News

2001 is off to a running start for dealmakers in New England’s tech and life sciences sectors, it seems. —Cambridge, MA-based Genocea Biosciences pulled in a tidy $35 million in a Series B funding round. The vaccine developer, a spinout of Harvard, saw contributions from new investors Johnson & Johnson Development Corporation, MP Healthcare Venture … Continue reading “SCVNGR Scares Up $15M, Genocea Gets $35M, Zeo Zeros in on $12.3M, & More Boston-Area Deals News”

SCVNGR Scoops Up $15M for European Expansion and More Game Mechanics

Seth Priebatsch strikes again. The wunderkind CEO’s location-based gaming startup, SCVNGR, announced today it has raised $15 million in a new venture financing round led by London-based Balderton Capital. SCVNGR’s existing investors, Google Ventures and Highland Capital Partners, also participated in the round, which was raised at a valuation of just over $100 million, according … Continue reading “SCVNGR Scoops Up $15M for European Expansion and More Game Mechanics”

SCVNGR Obtains $15,000,000 Series C Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b7ef4181-0775-4607-9840-63fcb8d212ac&Preview=1 Date 1/4/2011 Company Name SCVNGR Mailing Address 580 Harrison Avenue Boston, MA 02118 Company Description SCVNGR is a geo-gaming platform that enables anyone to quickly and easily build location-based mobile games, tours, and interactive experiences that can be enjoyed from any mobile device. Website http://www.scvngr.com Transaction Type Venture Equity Transaction Amount … Continue reading “SCVNGR Obtains $15,000,000 Series C Round”

INVIDI Technologies Secures $3,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=24a96530-e896-4e73-9343-af87c4c46b4a&Preview=1 Date 12/31/2010 Company Name INVIDI Technologies Mailing Address 420 Lexington Avenue New York, NY 10170-0038 Company Description INVIDI Technologies Corporation is the world’s only truly addressable targeted television advertising and marketing solution for cable, satellite and IPTV service providers at the headend, household and individual viewer level. Website http://www.invidi.com Transaction Type … Continue reading “INVIDI Technologies Secures $3,000,000 New Funding Round”

TechShop Opens Up Shop, mSpot Puts iTunes in the Cloud, Twitter Collects $200M, & More Bay Area BizTech News

As the holidays (you know, that breather right before CES) approached, Bay Area entrepreneurs and investors rushed to announce a series of product rollouts, openings, deliveries, and deals last week. —Palo Alto, CA-based mSpot rolled out a cloud music service catering to iPad, iPhone, and iPod Touch owners, beating Apple to the punch. —Nissan delivered … Continue reading “TechShop Opens Up Shop, mSpot Puts iTunes in the Cloud, Twitter Collects $200M, & More Bay Area BizTech News”

For Startups, Is Friction Always Bad?

There’s probably nary a Web entrepreneur who hasn’t had a forehead-slapping “Why didn’t I build Groupon?” moment at some point in 2010. Well, I had an experience like that this week, reading Devin Friedman’s superb article “The Viral Me” in the December issue of GQ. It’s all about the Y Combinator venture incubator in Mountain … Continue reading “For Startups, Is Friction Always Bad?”

Miso Media Garners $600,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0082c694-9fe8-4d77-bae0-eaa7a9181420&Preview=1 Date 12/17/2010 Company Name Miso Media Mailing Address Undisclosed Undisclosed, CA 94000 Company Description The company develops musical instruction applications. Website http://www.misomedia.com Transaction Type Venture Equity Transaction Amount $600,000 Transaction Round Undisclosed Proceeds Purposes The company will use the funding to expand its library of supported songs and add employees. M&A … Continue reading “Miso Media Garners $600,000 New Financing”

Adimab Adds Genentech, Lilly, and Human Genome Sciences to Growing List of Partners

Adimab has made its name for assembling a high-profile roster of Big Pharma partners that use its technology to discover new antibody drugs. Today, the Lebanon, NH-based company is announcing a new batch of partners—Genentech, Eli Lilly (NYSE:[[ticker:LLY]]), and Human Genome Sciences (NASDAQ:[[ticker:HGSI]])—which add greater heft to co-founder and CEO Tillman Gerngross’s argument that his … Continue reading “Adimab Adds Genentech, Lilly, and Human Genome Sciences to Growing List of Partners”

RelayRides Hits The Ground In San Francisco, With Money From Google Ventures and August Capital

Roughly six months ago, a new alternative to car ownership came to the Cambridge area. RelayRides took the idea of car-sharing service Zipcar a bit further; rather than renting out cars from its own managed fleet, it set up a system for borrowing cars from individual car owners whose vehicles were dormant during the day. … Continue reading “RelayRides Hits The Ground In San Francisco, With Money From Google Ventures and August Capital”

RelayRides Garners New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f66aa0c7-879f-4be5-99c9-3b477bbcb1be&Preview=1 Date 12/14/2010 Company Name RelayRides Mailing Address 222 3rd St. Cambridge, MA 02141 Company Description The company operates a website and service that allows users to share automobiles. Website http://www.RelayRides.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes The company will be launching its service in the … Continue reading “RelayRides Garners New Financing Round”

Heartland Reaps $20M, CloudBees Gathers $4M, Adimab Acquires $4M, & More Boston-Area Deals News

A number of New England tech and life sciences companies had deals to be thankful for this week. —CloudBees, a startup soon to be headquartered in Boston, raised $4 million in a Series A financing round led by Matrix Partners. Individual investors Marc Fleury and Bob Bickel also backed CloudBees, which is developing a cloud-based … Continue reading “Heartland Reaps $20M, CloudBees Gathers $4M, Adimab Acquires $4M, & More Boston-Area Deals News”

Adimab Finds $4M More from Google and Other Investors

Lebanon, NH-based Adimab, which is developing a yeast-based human antibody discovery technology, has raised $4 million in a Series E funding round, CEO and co-founder Tillman Gerngross confirmed today. The financing was first revealed in a filing on the SEC website yesterday. Adimab raised the new funding round at a pre-money valuation of $520 million, … Continue reading “Adimab Finds $4M More from Google and Other Investors”

23andMe Raises $22M

23andMe, the Mountain View, CA-based maker of genetic tests for consumers, said today it has raised more than $22 million in a Series C venture financing. The money came from a new investor, Johnson & Johnson Development Corporation, in addition to existing investors New Enterprise Associates and Google Ventures. The financing comes a couple months … Continue reading “23andMe Raises $22M”

23andMe Lands $22,000,000 Series C Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=69d9857e-1ac8-47f1-97f3-f4df5bbc86c9&Preview=1 Date 11/9/2010 Company Name 23andMe Mailing Address 1390 Shorebird Way Mountain View, CA 94043 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 Equity … Continue reading “23andMe Lands $22,000,000 Series C Financing Round”

Signpost Obtains New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=95e8e67c-7739-4792-b0ed-e065e4d35956&Preview=1 Date 10/20/2010 Company Name Signpost Mailing Address 61 Garfield Street Cambridge, MA 02138 Company Description We make it easy (and free!) for anyone to post, rate and discover great deals: everything from the weekend-only sample sale and the too-good-to-be-true happy hour, to those hidden finds you only hear about when you’re … Continue reading “Signpost Obtains New Funding”

The $100,000 Taxi Ride, the $403M Exit for Google Ventures and iFund, CarWoo Goes National, & More Bay Area BizTech News

Columbus Day made last week a short one, but I don’t think many San Francisco or Silicon Valley innovators pay attention to this particular holiday, as there was no shortage of technology and business news. —My colleague Erin published a nice scoop about Baydin, a Cambridge, MA-based maker of e-mail management software whose founder won … Continue reading “The $100,000 Taxi Ride, the $403M Exit for Google Ventures and iFund, CarWoo Goes National, & More Bay Area BizTech News”

New CEO Hired at V-Vehicle, Now Called Next Autoworks

V-Vehicle, the San Diego-based automotive startup whose investors include Google Ventures, Kleiner Perkins, and T. Boone Pickens, has a new name and a new CEO. The company, which has been rechristened Next Autoworks, named former Tower Automotive CEO Kathleen Ligocki as chief executive earlier this week. Next Autoworks also has operations in Detroit and northeastern … Continue reading “New CEO Hired at V-Vehicle, Now Called Next Autoworks”