South San Francisco, CA-based drug developer Cytokinetics stumbled two years ago, but a deal with Astellas Pharma could be a big step toward recovery.
Ostendo Technologies, a Carlsbad, CA-based company founded in 2005 to advance curved screens and other innovative display technologies, has raised $41.8 million of a new financing round intended to bring in $62.8 million, according to a recent regulatory filing.
The financing... Read more »
[Updated 7/26/16, 5:15 pm. See below.] Shares in Exact Sciences were up more than 28 percent on Tuesday after the company released second quarter financial results that handily beat analyst expectations.
With a cloud lingering over the peer-to-peer lending industry, privately held National Funding is disclosing new details today about its operations, in a bid to step into the light and differentiate itself as a fintech company and alternative lender.
In contrast... Read more »
Catch up on news from Wisconsin’s innovation community with these recent headlines:
—Industries as diverse as insurance, agriculture, and construction are now using drones or considering it, the Wisconsin State Journal reported. The benefits to using these unmanned flying... Read more »
In 1817, the University of Michigan was founded in Detroit before eventually relocating roughly 40 minutes west to Ann Arbor. As the school approaches its bicentennial next year, it has worked to rebuild and strengthen its ties to the Motor City... Read more »
As we wind down Monday, let’s get caught up with the latest innovation news in Texas.
—In an atypically large debut for a young company, Dallas-based StackPath came out of stealth mode with $150 million in funding and about 30,000 customers.... Read more »
A huge question has finally been answered about Yahoo’s future. Verizon sealed a deal over the weekend to acquire the company’s core business for more than $4.8 billion in cash, and will put Yahoo on the same shelf it keeps AOL.... Read more »
Dallas—StackPath, a cybersecurity software company based in Dallas, has come out of stealth mode with $180 million in investment and 30,000 customers, according to media reports.
StackPath is led by Lance Crosby, former co-founder and CEO of SoftLayer, a... Read more »
[Updated, 9:40 a.m. ET, see below] Developing treatments for nonalcoholic steatohepatitis, a dangerous liver disease that’s fast becoming an epidemic, is one of the most competitive fields in biotech. Tobira Therapeutics is one of several companies in the mix,... Read more »
For years, critics have viewed artificial intelligence technologies as an existential threat to human workers’ jobs (if not our lives, but that’s a whole other debate). But with the latest wave of A.I. startups, some entrepreneurs are aiming for a middle... Read more »
How many people 402 days ago expected to wake up to Donald J. Trump as the Republican nominee for president of the United States? Here we are.
Rubbing my eyes, reaching for a second cup of coffee—maybe something stronger—and looking for... Read more »
According to U.S. Census data, less than half of businesses started between 1977 and 2000 lived to celebrate their fifth birthday.
Houston—Chip Davis founded Houston Ventures specifically to support what’s known as the “digital oilfield.”
In the last five years since it was spun out of Houston-based money management firm Sanger Morris Harris (now Edelman Financial Group), Houston Ventures has nurtured... Read more »
The top news in biotech this week centers around one big job opening: the head seat at Biogen, now that George Scangos has announced plans to leave the company. Who takes the gig, and the strategic direction he or she chooses... Read more »
Zingle, a Carlsbad, CA-based tech startup targeting the service industry and consumer-facing businesses with its messaging app technology, has raised $3 million in venture capital, according to a regulatory filing earlier this month.
The funding, provided by Santa Barbara, CA-based Rincon... Read more »
In September, Arrowhead Pharmaceuticals (NASDAQ: ARWR) released clinical trials data showing its hepatitis B virus (HBV) candidate had significantly lower levels of antigens. Last week, Chris Anzalone, president and CEO of Arrowhead—which is based in Pasadena, CA, but houses its... Read more »
As we limp into the dog days of summer—Michigan, like most of the Midwest, is currently trapped under what meteorologists are calling a “heat dome”—the state’s automotive technology efforts keep rolling along. Here’s a look at what’s happening around the industry:... Read more »
Impinj raised $67.2 million in an initial public stock offering—the first for a Washington state technology company since 2014—and watched its shares surge upwards of 25 percent in Thursday morning trading on the Nasdaq Global Select Market.
On Wednesday afternoon, Seattle-based... Read more »
Speech and interface tech company Nuance Communications said Thursday it is acquiring southern California firm TouchCommerce for $215 million in cash and stock. The deal is expected to close by the end of September.
Indigo, an agricultural technology startup, has discovered ways that microbes help a plant grow under dry conditions. Now the company is pulling back the curtain on some of that work as it ramps up efforts to bring this technology to farmers.... Read more »
[Updated, 9:20 a.m. ET, see below] Biogen has seen its highest highs under CEO George Scangos, but some lows too. After a year in which Biogen’s share price has fallen by more than a third and one of its... Read more »