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Angel investment needs to become much more active in seeding startups in the Boston area. That was one of the strong conclusions to come out of an occasionally heated panel discussion at the MIT Stata Center last night. CEO and founder of Oneforty Inc. Laura Fitton was one of the CEOs presenting who had received Read more
Category: Angel Investing, Dave McClure, David Cohen, Laura Fitton, Mass High Tech, Sim SimeonovFour years after Curt Schilling launched his video game company, 38 Studios LLC of Maynard, the former Red Sox pitching great has yet to bring a product to market. But he’s just landed a deal to have his first game published by one of the biggest companies in the games industry. Electronic Arts Inc., the Redwood Read more
Category: 38 Studios, Curt Schilling, Electronic Arts, The Boston GlobePhase Forward has been one of the success stories in the Route 128 tech cluster during the past decade, and has grown to be one of the largest health IT companies in Massachusetts. But a big question about the firm on Wall Street is how—or whether—its growth spurt will continue. The Waltham, MA-based firm (NASDAQ:PFWD) has been a pioneer in getting drug companies to Read more
Category: Phase Forward, XconomySpring Partners Inc. has launched its first iPhone application, which marks the Charlestown startup’s shift in how it both applies its technology and how it makes money from it. The new application is designed to allow the user to capture a note, a picture, a website or other information, which can be organized into usable data. “Springpad — think of it as a remember service. You come Read more
Category: Jeff Janer, Mass High Tech, Spring Partners, SpringpadBoston’s uLocate Communications, known up to now mainly as the creator of the Where local search and recommendation app popular with many smartphone owners, is turning into something more. Today it announced the launch of a geographically targeted mobile advertising network called Where Ads that other mobile publishers can also use to sell local ads for their location-aware Read more
Category: uLocate, XconomyHealth care IT company PatientsLikeMe Inc. reports it is working with Novartis AG on a section of its online health care community focusing on patients with transplanted organs. Under the partnership, Novartis will support the online forum and use its information in the company’s research into organ transplantation. Cambridge-based PatientsLikeMe runs an online community for Read more
Category: Mass High Tech, PatientsLikeMeVenture investments in Boston-area mobile technology companies decreased in both volume and value in 2009, plummeting to levels not seen since 2005. But payouts from mergers and acquisitions hit a record level, raising overall deal flow to an unprecedented $1.5 billion, according to data compiled by Mobile Monday Boston. Venture investing started out strong in 2009, according Read more
Category: Mobile Monday Boston, Venture Capital, XconomyEveryone knows the old joke about how you get to Carnegie Hall. But how does your band get to South by Southwest, the enormous music festival that descends on Austin, Texas next week? You pay $40 to Sonicbids to submit your band's EPK (electronic press kit) to the festival organizers. This is the Boston start-up's third year of handling the submission process for Read more
Category: Innovation Economy, Panos Panay, SonicbidsSir Tim Berners-Lee, inventor of the World Wide Web and director of the Cambridge, MA-based World Wide Web Consortium (W3C), which oversees the standards underlying the global network, has a new co-captain. It’s Jeffrey Jaffe, a technology industry veteran who served most recently as chief technology officer and executive vice president of products at Read more
Category: Jeffrey Jaffe, Tim Rowe, W3C, XconomyBoston-based DataXu, provider of a real-time online ad bidding and optimization system, has secured $11 million in Series B funding to add to the $7.8 million in financing it raised in an earlier round (April 2009). The company, which was a finalist at last year’s edition of the TechCrunch50 conference and startup launchpad, raised the additional capital from Menlo Ventures Read more
Category: Atlas Venture, DataXu, Flybridge Capital Partners, TechCrunch