Connie Loizos
WhipTail, a Whippany, N.J.-based flash based storage company, has raised a Series B round of funding led by RRE Ventures. Ignition Partners and Spring Mountain Capital also participated in the round, the amount of which was not disclosed. PRESS RELEASE: Today WhipTail, maker of the world’s first and most widely deployed all-flash enterprise class storage […]
San Francisco-based Bionic Panda Games, a mobile games startup focused on casual social games for the Android platform, has raised an undisclosed amount of seed funding from a wide syndicate of investors. Participants in the financing include SoftTech VC, Norwest Venture Partners, Google Ventures, 500 Startups, and angels Craig Sherman and Kal Vepuri. Charles Hudson, who […]
Tsinghua University Science Park (TusPark), Shui On Group (Shui On), Northern Light Venture Capital (NLVC) and Silicon Valley Bank (SVB) have jointly partnered to create InnoSpring, a Silicon Valley-based Sino-American incubator focused on nurturing start-ups for cross-border successes. PRESS RELEASE: In response to the increasing demand of technology start-ups seeking business support to expand into […]
The San Francisco-based life sciences investment firm Burrill & Co. has completely a $125 million first close of its Burrill Brazil Fund I. This week, the the company also obtained the necessary approvals from Brazilian authorities to commence operations of the fund. PRESS RELEASE: Burrill & Company today announced that it had completed a $125 […]
‘Tis the season for MBA students to begin looking for summer internships, and students at the MIT Sloan School of Management are no exception. In fact, just last week they took their annual “tech trek” to Silicon Valley to shake hands, flash smiles, and otherwise engage with executives at companies like Facebook, Intel, and eBay. […]
Last August, 8-year-old CouchSurfing, a social networking Web site whose members offer their homes to travelers free of charge, dropped its non-profit status and became a “B Corp” or “benefit corporation,” announcing $7.6 million in funding from Omidyar Network and Benchmark Capital as it made the transition. In the cookie cutter legal world of Silicon […]
Boston-based Third Rock Ventures today launched the genomic search engine start-up, Warp Drive Bio, as part of a partnership with the French pharmaceutical company Sanofi. Sanofi is investing $125 million into the company, which Third Rock — an venture firm as well as incubator — has been developing for the last two years. PRESS RELEASE: […]
Wemo Media, an L.A.-based film production studio, has raised seed funding, ostensibly to capitalize on the momentum of its first social, entertainment web app, theBlu, which invites users to connect in an animated, online underwater world. PRESS RELEASE: Wemo Media announced today that the Los Angeles based studio has secured a seed round of angel […]
MoneyReef, a Provo, Utah-based startup that’s developing mobile, financial tools for consumers, officially launched today, bootrapped with $650,000 from its co-founder and CEO Keith Nellesen. PRESS RELEASE: MoneyReef today announced its official launch, aided by a $650,000 seed investment from co-founder and CEO Keith Nellesen. The company, which develops feature-rich, easy-to-use apps for mobile users, […]
24MAS, a Stockholm-based mobile advertising network, has acquired Liquid Air Lab, the German company behind the popular mobile radio app network Spodtronic.com, with over 20 million radio app installations worldwide. Deal terms were not disclosed. PRESS RELEASE: 24MAS, a global leader in mobile advertising and applications, has acquired Liquid Air Lab GmbH, the German company […]