I hear and see a lot of startup ideas, but few have impressed me like Arborlight’s LightWell indoor lighting product. Imagine very real-seeming daylight illuminating the center of a windowless office building, as if a skylight and clear weather were... Read more »
[Updated, 3/30/15, 8:20 am ET, see below] For those looking to get away from the broader biotech indices’ plummet this week (the Nasdaq Biotechnology Index (NASDAQ: IBB) fell 7 percent), we’ve got your comfort food here: a feature... Read more »
The evolution of New York-based BetterCloud continues with its latest raise of $25 million.
Accel led the round, announced Thursday, with Greycroft Partners, Flybridge Capital Partners, Tribeca Venture Partners, Millennium Technology Value Partners, and New Amsterdam Growth Capital participating.
This brings... Read more »
For sheer volume, San Diego carries the week’s West Coast biotech news, with everything from trial failures (Lpath, MEI Pharma) to stock sales and deals (Retrophin, Vical, Mast) to good product news (Orexigen, Conatus). For scientific impact, however, Amgen tips the... Read more »
After establishing a “first-of-its-kind collaboration” with San Diego’s Avalon Ventures in 2013, the British pharma giant GlaxoSmithKline (GSK) has opened a small office in San Diego to manage its R&D partnerships and to prospect for more deals on the West Coast.... Read more »
V-shaped drones that beam Internet signals to the world? Virtual-reality experiences for social networking? Facebook may be working on such far-out projects, but the social media giant’s Boston-area office remains focused on grittier areas like data storage, compilers, networking, and security.... Read more »
In late February, a Google subsidiary won control of the top-level domain name .app with a $25 million bid, the highest price paid so far in an online land rush for new words or phrases that appear to the right of... Read more »
Last May, real estate company Jones Lang LaSalle’s report on Seattle’s life science economy had mixed news. The number of businesses was up, but jobs were down. Lake Union, Seattle’s “life sciences epicenter,” was getting more crowded and rents were quickly... Read more »
Consumer demand for quicker, simpler, and more affordable money management advice is increasingly pushing the financial industry’s big incumbents to adapt and evolve, oftentimes by snapping up startups that have already built sought-after technology.
The latest example is yesterday’s announcement that... Read more »