Is a caution flag flying?
While U.S. venture firms refueled last year by raising a near-record $51.6 billion, they also eased off the throttle in terms of their investment activity during the first quarter of 2017, according to data released... Read more »
Qumulo’s founders, leadership team, and investors are all betting that the Seattle data storage technology provider can deliver a repeat of another local success story—and now they’ve got $30 million in fresh funding riding on it.
The five-year-old company brings together... Read more »
Three years ago, Xconomy assembled a lineup of experts to discuss the emerging treatments that use the immune system to fight cancer. Join us in Seattle this June as we take another look at cancer immunotherapy. We’ll review the progress made... Read more »
There were local antidotes this week for those who see global catastrophe in the Trump administration’s attempts to reverse course on federal policies combatting climate change.
On Thursday, scores of science, engineering, and business students from around the Pacific Northwest pitched... Read more »
As far as singular weeks go for biotech, this was a big one. Three highly anticipated drugs were approved. One is the first injectable medication for eczema. Another might help fend off the recurrence of ovarian cancer. And a third offers... Read more »
It wasn’t too long ago that Ilan Ganot was a J.P. Morgan banker. Then his son, Eytani, was diagnosed with Duchenne muscular dystrophy, and he ended up the head of a startup trying to find an array of treatments for the... Read more »
In a dog-eat-dog deal, Seattle-based dog-care services marketplace Rover.com is acquiring its largest competitor, DogVacay, the companies announced Wednesday.
Terms of the acquisition were not disclosed. The combined company will be headquartered in Seattle and maintain the Rover brand. Aaron Easterly,... Read more »
Spreading its empire to the Middle East, Amazon is buying Souq.com, a leading e-commerce marketplace in the region.
The deal was disclosed Tuesday but reported by multiple sources last week. The companies did not announce terms. Reuters, citing unnamed sources,... Read more »
A funny thing happened in the five years since Amazon acquired warehouse automation firm Kiva Systems for $775 million. The logistics robot market has taken off, with different competing systems shuttling inventory around to try to speed up order fulfillment. But... Read more »