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Ironwood Files to Go Public, Seeks to Raise as Much as $172.5M
Biotech , deals , startups Luke Timmerman wrote: Ironwood Pharmaceuticals is gearing up for the possibility of an IPO. The Cambridge, MA-based developer of a new treatment for bowel disorders like for irritable bowel syndrome and chronic constipation said it may raise as much as ...
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Blue Marble Snags $2M State Grant
cleantech , Biofuels , startups Luke Timmerman wrote: Seattle-based Blue Marble Energy , the developer of renewable energy and specialty chemicals from biomass, said it has received a $2 million state grant through a partnership with the Odessa Public Development Authority. The ...
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Google Demos Chrome OS, Microsoft Links Into LinkedIn, Amazon Ramps Up for Holidays, & More Big Company News
Public Companies , startups , trends Gregory T. Huang wrote: It’s been a busy week around here for the big tech companies. At Xconomy, we don’t usually report on things like product releases from Microsoft or sales figures from Amazon—our main focus is on new ...
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Day Software, Web 2.0 Content Management Specialist, Moving U.S. Headquarters to Boston
IT , Software , Web 2.0 Wade Roush wrote: Wails of lamentation spread across the local tech community every time an entity like Zendesk or Greylock or Y Combinator departs Boston for parts west. But today we have a different tale to report. Day Software (SIX: DAYN ) a Zurich, ...
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Growing Green: An Entrepreneur’s Guide to Cleantech Innovation in San Diego
cleantech , innovation , renewable energy Robert Noble wrote: [ Editors note: Architect Robert Noble wrote this article with Glenn Croston ] The San Diego area is the home of numerous cleantech businesses that are developing innovative green cars (Aptera, V-Vehicle Co.), ...
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Biogen Idec Accused Again of Excessive CEO Pay, Lousy Performance, By Big Shareholder
Biotech , Drugs , Multiple Sclerosis Luke Timmerman wrote: After a bitter standoff earlier this year with billionaire investor Carl Icahn over alleged mismanagement , Cambridge, MA-based Biogen Idec now faces another sharp attack from a major shareholder. New York-based HealthCor ...
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Mind, Body, & Cash: Lighter Living Raises $3M
IT , deals , VC Ryan McBride wrote: Pilates is famous for shaping up peoples’ buttocks, tummies, and thighs. But what can the popularity of this fitness phenomenon and the market for health products do for investment portfolios? Cambridge, MA-based Lighter Living, which ...
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SS&C Buys TheNextRound
IT , deals , Finance Wade Roush wrote: TheNextRound , a Framingham, MA-based startup that makes software for private equity and alternative investors, has been acquired by Windsor, CT-based SS&C Technologies for an undisclosed amount, according to an SS&C announcement today ...
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$31.3M for Cambridgesoft
IT , Life Sciences , deals Wade Roush wrote: Cambridge, MA-based Cambridgesoft , which makes software for life sciences companies, disclosed in regulatory documents filed November 17 that it has raised $31.3 million in new equity-based financing. Cambridgesoft first announced the ...
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Dendreon FDA Deadline Set For May 1
Biotech , cancer , Drugs Luke Timmerman wrote: Seattle-based Dendreon (NASDAQ: DNDN ), the developer of what it hopes will be the first FDA-approved treatment to actively stimulate the immune system against cancer, said today the U.S. regulatory agency has received its amended ...
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Brown, IBM Switch On Supercomputer
IT , supercomputing , Universities Wade Roush wrote: A new IBM supercomputer opened at Brown University’s Center for Computation and Visualization in Providence, RI, today is 50 times faster than Brown’s next best machine and is the most powerful computer in Rhode ...
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After Re-Engineering Itself, Verdezyne Sets Course to Develop Biofuels and “Green” Industrial Chemicals
Synthetic Biology , Industrial Chemicals , Biofuels Bruce V. Bigelow wrote: After Carlsbad, CA-based Verdezyne disclosed last month that it plans to raise more than $15 million in venture funding, I arranged to sit down with Damien Perriman, the company’s vice president of ...
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Metcalfe Reflects on $2.7B 3Com Buyout, $30M More for Fate Therapeutics, & More Boston Deals News
deals , VC , mergers and acquisitions Ryan McBride wrote: Dealmakers appear to be getting their business done before the week of Thanksgiving—because we’ve seen a decent stream of deal closings involving Boston-area life sciences and tech companies over the past week or ...
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Under the Radar Deals: 12 Northwest Financings You Haven’t Heard About
deals , startups , Investments Gregory T. Huang wrote: We hope to make this a regular feature in our Xconomy cities. It’s a look at small financings of private companies in tech, life sciences, and cleantech. These are deals in the roughly $100,000 to $1 million range, and ...
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Using Google’s Building Maker to Change the Face of Boston
wwwade , IT , mapping Wade Roush wrote: When I was in fifth grade, I wanted to be an architect. (I also wanted to be a geneticist, a meteorologist, and an astronaut. I guess I wound up doing the next best thing to all of those sci/tech careers—writing about them.) I loved my ...
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Omeros Banks on First FDA Filing Next Year, Plans to “Unlock” Inaccessible Drug Targets
Biotech , Knee Surgery , Drugs Luke Timmerman wrote: Seattle-based Omeros expects to apply for FDA clearance to start selling its first product by the second half of next year, and it also hoping to strike at least one partnership over the next couple of years with a bigger ...
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17 New Web Startups Around Town
startups , Internet , Rankings Gregory T. Huang wrote: At least 17 Seattle-area startups rolled out new websites last month, according to the latest edition of Seattle 2.0’s startup index . The index now lists 373 companies, which are ranked on the basis of Web traffic ...
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ImmunoGen Nabs $1M From Amgen
Biotech , deals , cancer Luke Timmerman wrote: Waltham, MA-based ImmunoGen (NASDAQ: IMGN ) said today that Amgen has purchased a second license to develop a treatment that uses ImmunoGen’s technology for linking targeted antibodies to cell-killing agents that make them more ...
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