EMC has joined the growing ranks of major information technology companies boosting their R&D presence in Kendall Square, creating EMC Research Cambridge, a small research arm near MIT. It has already moved the headquarters of RSA Laboratories to the new outpost, and has signed on as a corporate sponsor of the MIT Media Lab. The company Read more
Category: EMC, XconomyRafe Anderson is moving up into the big leagues. His sports social media network, TruFan, officially goes national today. TruFan grew out of a collection of websites—Sawxheads, Celtsheads, and Blackandgoldheads—which focused solely on Boston teams. Now the national network will include 122 communities for clubs across the country, spanning Major Read more
Category: Digital Media, TruFan, XconomyScene: An abandoned brick building along the Connecticut River. The image dissolves, then reforms to show a new, ultra-modern factory in its place. Move to interior shot of computers and server banks. Brilliant academics ponder the future. Highly trained young professionals walk purposefully, the future alive in their eyes. I have no idea whether the scene Read more
Category: Cloud Computing, EMC, XconomyRamy Arnaout, a clinical pathologist at Beth Israel Deaconess Medical Center in Boston, believed he and his colleagues were wasting precious time performing Web searches for scientific journal articles. Time would be better spent curing diseases and treating patients. So he developed an application at first to use on his own computer to speed up his online Read more
Category: Pudget, XconomyLet’s say you live in Boston and you’ve just hit on a great concept for a cross-media property, with all the attendant merchandising tie-ins: a special-effects-laden movie, a console video game, a comic, a kids’ cartoon, action figures, a novelization, a persistent online world—in other words, the next Matrix or Transformers or Harry Potter. To make Read more
Category: 38 Studios, EveryZing, Extend Media, Visible Measures, XconomyLogMeIn, the Woburn, MA-based startup that makes software for controlling PCs and other devices remotely, today filed updated registration documents with the Securities and Exchange Commission revealing how much stock it hopes to sell in its planned initial public offering, and at what price.The company plans to offer 5 million shares of common stock for sale, while Read more
Category: IPO, LogMeIn, XconomyThe Massachusetts Innovation and Technology Exchange, an organization of 7,500 New England professionals in the Internet and digital marketing and advertising fields, handed out its yearly Technology Awards for the sixth time last night. Meant to celebrate the local companies who are bringing the most innovative technologies to bear on real business Read more
Category: Affinnova, Crimson Hexagon, Ember, EveryZing, LogMeIn, MITX, Netezza, Oco, Pixily, ScanScout, SCVNGR, Swaptree, Turbine, VidSys, Virtual Computer, Wordstream, XconomyIf you want to build a program to nurture early-stage startups in New York City through regular meetings with investors, legal and financial advisors, and experienced CEOs, where do you turn for mentors and sponsors? To Boston, naturally. Of the 11 founding members of the new First Growth Venture Network, five—Battery Ventures, Charles River Ventures, Flybridge Read more
Category: Battery Ventures, Charles River Ventures, Flybridge Capital, Highland Capital, North Bridge Venture Partners, Venture Capital, XconomyAccording to regulatory documents filed today, Waltham, MA-based Charles River Ventures has handed over $5.3 million out of a planned $6.8 million Series A venture round for Beaumaris Networks. The documents, filed with the Securities and Exchange Commission, list the Waltham-based stealth-mode startup as a telecommunications company. The company’s president Read more
Category: Beaumaris Networks, Charles River Ventures, XconomyA group of E Ink investors with concerns about Prime View International’s move earlier this month to purchase the Cambridge, MA-based e-paper display company will likely try to prevent the sale when it comes up for a shareholder vote, according to a source familiar with the company. E Ink has roughly 100 separate shareholders; it’s not known how many Read more
Category: E Ink, Xconomy