One lesson from this week: Regardless how hard biotech is, entrepreneurs will always come back for more. As Tony Coles told me this week after he announced his new company, retirement “never sounded very appealing.” Michael Gilman similarly returned to biotech... Read more »
If venture firms still had any doubt about the cybersecurity field as a good prospect for investors, the ongoing wreckage inflicted by hackers on entertainment giant Sony over the past month may put those doubts to rest. Sony has seen everything... Read more »
Juno Therapeutics of Seattle set the price late Thursday for its initial public offering. It is selling 11 million shares at $24 each, which is where shares will start trading tomorrow morning on the Nasdaq.
That puts $264 million into Juno’s... Read more »
A lot of entrepreneurs have circuitous career paths before becoming a first-time CEO. Few have the Olympics or the National Football League on their resumes.
But that’s the case for Jeremy Bloom, co-founder and CEO of Integrate, a venture-backed marketing... Read more »
As its economy recovers from a decade-long slump, Michigan has become a place where the need for talent far outpaces the local workforce available to fill all of the open positions—nearly 82,000 job openings are currently listed on the state’s Pure... Read more »
YouTube has acquired Vidmaker, a Madison, WI-based startup that makes online video-editing software.
Vidmaker announced the deal on its website. No financial terms were disclosed, and Vidmaker CEO Dale Emmons said he can’t share any details.
“We’re really excited to be... Read more »
Seattle-based online real estate broker Redfin has raised $70.9 million in one of the Northwest’s largest funding rounds this year.
The investment was led by Wellington Management, at the head of a lengthy list of institutional investors.
Additional investors in the... Read more »
There’s a shortage of radioactive material that few people outside the medical community know about. And the best hope for solving the problem—and reduce nuclear proliferation risks linked to it—rests in the hands of a handful of startups operating on a... Read more »
Semiconductor startup Phononic entered 2014 with a $21 million funding round to bring the company’s new cooling technology into refrigerator production lines.
Phononic is still on track to break into home refrigeration. But the company is closing the year with an... Read more »
Michael Gilman has been in this position before. About 10 years ago, he left an executive research position at Biogen Idec, hooked up with Atlas Venture, and formed a startup called Stromedix—one that got funded, developed a drug, and incidentally was... Read more »