Posts filtered by tags: Boston blog main[x]


 

Rackspace Hires Dallas Transit Exec Jones to Replace Eazor as CEO

San Antonio—Rackspace said Wednesday it has hired Kevin Jones, who most recently ran Dallas-based bus and transportation contracting business MV Transportaiton, as its CEO. Jones replaces Joe Eazor, who had held the top job at Rackspace since mid-2017.Apollo Global Management, which took San Antonio-based Rackspace private in a $4.3 billion acquisition in 2016, didn’t say why the company’s board of directors chose to replace Eazor, who was hired in 2017 to replace Taylor Rhodes after he took a ...
Tags: Boston blog main, National blog main, New York blog main, Texas, Texas blog main, Texas top stories, ABRY, ABRY Partners, Acquire, Acquisition, Alex Polvi, Alibaba Cloud, Amazon, Amazon Web Services, Apollo, Apollo Global Management


SPECIAL REPORT: 2019 Blockchain Outlook — Reality Check

After a breakout year in 2017, the blockchain sector suffered a series of blows in 2018, from crashing cryptocurrency prices to increased regulatory scrutiny of crypto ventures and deepening skepticism about whether the technology was actually useful. Now, the industry has entered a crucial phase where blockchain developers need to overcome the limitations of the technology and find use cases that will win widespread adoption by businesses and organizations.In this Xconomy Special Report, our v...
Tags: Startups, Microsoft, Azure, Trends, Tech, Vc, Gartner, Ibm, National, Tim Draper, Special Report, Blockchain, Menlo Ventures, Draper Associates, Filament, David Richards


Join Xconomy for Our 8th Annual Napa Summit, June 13-14

Google. Amazon. Genentech. Those are some of the companies you’ll hear from at this year’s Napa Summit, the Xconomy Retreat on Technology, Jobs, and Growth.This is our most special event of the year—the eighth year we’ve held it—and it’s limited to about 100 VIP guests. We’ll tackle big trends, challenges, and opportunities in areas like venture capital, software, genomics, digital medicine, education, and diversity. The program is interdisciplinary and highly interactive.It all takes place ove...
Tags: Google, Amazon, Startups, Technology, Events, Trends, Diversity, It, People, Vc, Software, Culture, Innovation, Venture Capital, Genomics, National


Aptiv Expands Driverless Car Testing, Opens Chinese Mobility Center

Aptiv, a global automotive technology company, announced last week that it has opened a new innovation hub in China—the fastest growing front in the self-driving tech wars.The new entity is called the China Autonomous Mobility Center, and as a result of the move, Shanghai joins Aptiv’s roster of driverless car testing locations, which also include Singapore, Boston, Pittsburgh, and Las Vegas. The company said the Shanghai center will concentrate on the development and application of its level 4...
Tags: Startups, Hardware, Entrepreneurship, China, Trends, Software, Innovation, Shanghai, Mobility, Las Vegas, Detroit, Delphi Automotive, National blog main, Boston blog main, National top stories, San Francisco blog main


Bio Roundup: Nationwide’s Rise, a Surgeon’s Quest, CRISPR USA & More

Persistence and perseverance were the themes of two of our top stories this week.First there’s the story of Nationwide Children’s Hospital. The Columbus, Ohio, hospital chose to invest in gene therapy when the field was in its darkest days. After some ups and downs, the team it put in place helped advance some of the most promising gene therapies currently in human testing—and put Nationwide in the national spotlight as one of those treatments nears FDA approval.Then there’s Suzanne Ildstad. A ...
Tags: Deals, Startups, Usa, Trends, Vc, Fda, National, University of Pennsylvania, Novartis, Allergan, Biotech, Crispr, Life Sciences, Clinical Trials, Amgen, Gilead Sciences


Humatics, Vecna Partner to Improve Navigation of Self-Driving Robots

Humatics, a Waltham, MA-based startup developing microlocation technology for use in robots and autonomous vehicles, has a new partnership underway with Boston-based Vecna Robotics.Financial terms of the collaboration were not disclosed, but Humatics co-founder and CEO David Mindell describes the relationship as a joint marketing partnership. “We bring customers to them and vice-versa,” he says.Humatics was spun out of MIT in 2015 to develop a spatial intelligence platform revolving around loca...
Tags: Startups, Entrepreneurship, Boston, Trends, Tech, Mit, Vc, Software, Innovation, Venture Capital, Detroit, Navigation, Industrial Robots, Waltham, Eckhart, David Mindell


Redox Wrangles $33M to Become Healthcare’s Go-To Data Integrator

As hospitals and clinics have shifted from paper-based records to digital systems, one of the biggest challenges has been sharing patient data between healthcare providers, and between providers and outside software applications. This “interoperability” problem has created a market for companies such as Redox, a Madison, WI-based startup that develops software tools to make the flow of patient information more seamless.Redox has worked on the problem for about five years, and now investors thin...
Tags: Startups, Microsoft, Trends, Tech, Vc, Software, Healthcare, Wisconsin, Health Records, Fitbit, Api, RRE Ventures, Battery Ventures, Healthtech, Phoenix, Cleveland Clinic


$100M For Talaris Gives Surgeon a Shot to Reinvent Organ Transplants

When Novartis dissolved its gene and cell therapy unit a few years ago, a bunch of projects the Swiss pharma giant had incubated were tossed aside. One of them was the work of surgeon Suzanne Ildstad, who has spent decades trying to develop a new way to improve the health outcomes of patients who need organ transplants.That work has just been salvaged. If it plays out as Ildstad hopes, her company might not only help transform treatment for kidney failure patients—but possibly, for people suffe...
Tags: Deals, Startups, Boston, Trends, Vc, National Institutes of Health, Novartis, Stem Cell, Stanford University, Life Sciences, Blackstone Group, Louisville Ky, National blog main, New York blog main, New York top stories, Seattle blog main


PathAI Raises $60M in Quest to Be AI Assistant in the Exam Room

AI-for-disease-diagnosis startup PathAI closed a $60 million Series B round led by New York-based growth equity investor General Atlantic to improve its “pathology research platform” and fuel development into “new tools and medical devices.”PathAI partners with pharmaceutical companies and diagnostic laboratories to develop tools to aid doctors diagnose diseases in patients and help physicians target the best therapeutic for treatment. Its partners include Philips (NYSE: PHG), Bristol-Myers Squ...
Tags: Startups, New York, Boston, US, Trends, Vc, Doctors, Venture Capital, Cambridge, Machine Learning, Bill, General Atlantic, General Catalyst, Diagnosis, Electronic Health Records, Digital Assistants


Seattle’s Outreach Joins Unicorn Ranks With $114M Funding Round

Another tech “unicorn”—privately controlled startups valued at $1 billion or more—has been minted following sales software company Outreach’s latest venture funding round, a $114 million deal.Seattle-based Outreach develops customer relationship management tools designed to improve communication between salespeople and their prospective clients. Launched in 2013, the startup says its most recent round of financing values Outreach at $1.1 billion and brings its total funding haul to $239 million...
Tags: Deals, Startups, Uber, Pinterest, Microsoft, Sales, Trends, Tech, IPOs, Outreach, Vc, Seattle, Unicorns, Drift, Dfj Growth, Meritech Capital partners


Flagship Pioneering Unveils Kintai’s Gut Approach to Treating Disease

The gastrointestinal system is often viewed as a barrier to drugs. Conditions ideal for breaking down food also break down drugs in ways that can limit how well they work. Interaction with the gut microbiome can also diminish a drug’s efficacy or boost its toxicity.Paul-Peter Tak, a former GlaxoSmithKline (NYSE: GSK) executive who is now the CEO of Cambridge, MA-based Kintai Therapeutics, contends that the gut and its microflora can also open up new ways to treat an array of diseases throughout...
Tags: Startups, Drugs, Boston, Cancer, Trends, Ulcerative Colitis, Venture Capital, GlaxoSmithKline, Parkinson's Disease, Biotech, Microbiome, Metabolism, Life Sciences, Clinical Trials, GSK, Cambridge MA


Lyft, Uber, and the Changing Disclosure Rules For Unicorn IPOs

When a much-watched tech company such as Lyft, Uber, or Pinterest files for an initial public stock offering, people eagerly scour the sudden trove of information that such a private business must finally disclose when it begins to offer shares to the general public, rather than only to sophisticated inside investors such as venture capital firms.For newly public company Lyft, (NASDAQ: LYFT) though, the IPO disclosure requirements were significantly lower than they would usually be for business...
Tags: Deals, Startups, Transportation, Mobile, Lyft, Uber, Hardware, Pinterest, Internet, Entrepreneurship, Ipo, Funding, San Francisco, Trends, Tech, Financial Crisis


Thwarting Opposition, Bristol Gets Shareholder OK for $74B Celgene Buyout

The early opposition has turned out to be just noise. Shareholders of Bristol-Myers Squibb today approved the pharma giant’s planned buyout of Celgene, paving the way for a deal that will create one of the largest biopharma organizations in the world, and send ripples throughout the sector. (NYSE: BMY) said Friday that more than 75 percent of its shareholders voted to approve the deal at a meeting on Friday. Some 98 percent (NASDAQ: CELG) of Celgene’s stockholders supported the deal, the compa...
Tags: Deals, New York, Trends, Merck, M&a, Life Sciences, Nyse, Celgene, Bristol-myers Squibb, National blog main, New York blog main, New York top stories, Seattle blog main, Seattle top stories, Boston blog main, National top stories


Boston Tech Watch: Tufin, Facebook, RightHand, Diameter & Jebbit

A cybersecurity IPO could raise up to $124 million for an Israeli-based company with its US headquarters in Boston. Facebook’s Boston office wants to map the world’s population in high def, starting with Africa. More venture cash is flowing into Bay State startups. Read all this and much more in this week’s roundup of local tech news.—Tufin Software Technologies, a cybersecurity company based in Israel with its US headquarters in Boston, went public this week and is listed on the New York Stock...
Tags: Deals, Startups, Facebook, Boston, Softbank, Israel, US, Trends, Tech, Connecticut, Weather Forecast, New York Stock Exchange, Eric Schmidt, Video Game, Affectiva, Healthtech


AskBio Reels In $235M to Advance Gene Therapy Clinical Trials

Asklepios BioPharmaceutical (AskBio) has raised $235 million in financing to support its research and development of gene therapies for rare, genetic disorders.The funding came from TPG Capital and Vida Ventures, which together invested $225 million and gained a minority stake in the Research Triangle Park, NC, company. Concurrent with that investment, AskBio’s founders and board members invested $10 million. The AskBio funding is the latest in a flurry of gene therapy investments that have swe...
Tags: Deals, Drugs, Trends, Investing, Venture Capital, Fda, Pfizer, Parkinson's Disease, Biotech, Tpg Capital, Life Sciences, Clinical Trials, Roche, Thermo Fisher Scientific, Biogen, University of North Carolina at Chapel Hill


Sobriety Pays: DynamiCare Gamifies Staying Clean for Recovering Addicts

Eric Gastfriend was looking for his next tech startup idea after leaving his video game startup Happy Cloud and finishing an MBA at Harvard Business School when the inspiration came from a source close to home.A relative was entering rehab for alcohol abuse for the second time, he says. Gastfriend asked his father—David Gastfriend, director of addiction research at Massachusetts General Hospital—why treatments sometimes don’t seem to stick and people with substance disorders relapse.“My dad sai...
Tags: Deals, Boston, Alcohol, Trends, Tech, App, Substance Abuse, Addiction, Health Tech, VCs, Massachusetts General Hospital, Akili Interactive, Harvard Business School, National blog main, Boston blog main, National top stories


VC Trends in 2019: More Money, Fewer Deals But Women Still Get Less

If you’ve been following venture capital trends, what you expected to happen in the first quarter of 2019 did: More money is being invested in fewer deals, and women founders still are getting less of it than men.Venture firms sent $32.6 billion into startups nationally during the first three months of 2019, the second largest amount for any quarter since at least 2006, according to data released overnight by PitchBook and the National Venture Capital Association. But that large sum came from o...
Tags: Deals, Startups, Lyft, Uber, Hardware, Entrepreneurship, Softbank, Funding, Women, Trends, Tech, Vc, Software, Physics, Pwc, Venture Capital


Klaviyo Puts Google, Facebook, Amazon on Notice With $150M Raise

Klaviyo, a Boston e-commerce startup, wants retailers to take their advertising spending back from the tech behemoths Google, Amazon, and Facebook.The thinking behind the push, according to CEO Andrew Bialecki, is whether in the long term companies are better off handing over their ad dollars or doing the work and “owning” the marketing themselves.“How do we get off this drug that is advertising?” Bialecki says.To compete with the likes of Google (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), and Face...
Tags: Google, Amazon, Startups, Mobile, Facebook, Internet, Boston, Advertising, Trends, Tech, Website, It, Sms, Software, Email Marketing, Adtech


Global Detroit, U-M Team on Program to Boost Immigrant-Led Startups

The American Dream was once a fairly simple concept: The nation would welcome strivers from across the world and invite them to pull themselves up by their bootstraps, work hard, pay taxes, and become contributing citizens. However, immigration has become a highly charged political issue in the current era, making things more complicated.That’s one reason Global Detroit and the University of Michigan’s Economic Growth Institute have partnered on a program to help international student and immig...
Tags: Startups, Entrepreneurship, Immigration, Trends, Tech, Innovation, Brad Feld, Detroit, STEM education, International Students, Foundry Group, Duo Security, William Davidson Foundation, University of Massachusetts Boston, National blog main, Boston blog main


Alnylam Gets $800M From Regeneron to Bring RNAi to Eye, Brain Diseases

Alnylam and Regeneron Pharmaceuticals are announcing a wide-ranging alliance this morning to co-develop treatments for eye and neurological diseases using RNA interference, a method of drugmaking that has recently come of age after years of ups and downs.Regeneron (NASDAQ: REGN), of Tarrytown, NY, will pay Alnylam (NASDAQ: ALNY) $400 million in cash up front and buy $400 million in Alnylam stock—4.44 million shares at $90.01 apiece—to kickstart the deal. Cambridge, MA-based Alnylam could get an...
Tags: Deals, Boston, Trends, Life Sciences, Clinical Trials, Alexion Pharmaceuticals, Regeneron, Cambridge MA, Regeneron Pharmaceuticals, Alnylam, Alnylam Pharmaceuticals, National blog main, New York blog main, New York top stories, Boston blog main, National top stories


Bio Roundup: Gottlieb’s Goodbye, AACR Recap, Migraine Drug Fight & More

Scott Gottlieb’s last day as FDA commissioner is today. His resignation announcement last month surprised some, given the earlier denials about leaving. But after two years of commuting between Connecticut, where his family remained, and the FDA’s Maryland headquarters, he decided to step down from the agency.What will Gottlieb’s legacy be? His efforts to curb teen vaping comes to mind. Or maybe it’s regulation. While Gottlieb remained mindful of the FDA’s oversight role, he also tried to strea...
Tags: Deals, Startups, Maryland, Breast Cancer, Trends, Investing, Lung Cancer, Connecticut, Cigna, Venture Capital, Fda, National, Novartis, Pfizer, Biotech, Insulin


Procrastinators Special: Save on Tickets for Cyber Madness on Monday

As March Madness draws to a close, so does your chance to grab a ticket to Xconomy’s premier spring event in Boston, “Cyber Madness: Case Studies in Security.”On April 8, we’re gathering security-tech founders, executives, and investors, as well as IT leaders from sectors such as finance, legal, and healthcare for an afternoon of panel discussions, fireside chats, and great networking opportunities. Register today and save with our Procrastinators Special while it lasts.We are bringing experts ...
Tags: Startups, Boston, Trends, Tech, Cisco, Cybersecurity, Carbonite, Mapbox, HackerOne, Marten Mickos, Sam King, Raytheon, Back Bay, Veracode, Corey Thomas, Mohamad Ali


Dyne Therapeutics Emerges With $50M to Take On Rare Muscle Disease

One problem with drugs for muscular disorders is that not enough medicine reaches the muscle, says Romesh Subramanian, CEO of Dyne Therapeutics. Subramanian’s startup has developed a way to deliver drugs to all muscle types, and it is emerging from stealth with $50 million in funding to advance its compounds toward human testing.Dyne was founded last year by Atlas Venture, which seeded and incubated the Cambridge, MA-based biotech. Atlas also invested in Dyne’s Series A funding announced Wednes...
Tags: Deals, Startups, Drugs, Boston, Trends, Investing, Atlas, Netherlands, Venture Capital, Cambridge, Fda, Biotech, Life Sciences, Clinical Trials, Biogen, Alexion Pharmaceuticals


Xconomy Is Hiring a Digital Product Manager—Apply Here

If you (or someone you know) is an expert web developer/designer and product manager with a passion for journalism, then we want you!We’re looking for someone to join our Boston office and take charge of the Xconomy.com website: help us maintain the site, figure out what needs improving, and then work with a global team of designers and engineers to make those changes happen. This new person will be a critical part of the Xconomy team, helping us grow our audience and business and deliver our d...
Tags: Startups, Jobs, Media, Boston, Trends, Journalism, It, Developers, Vc, Venture Capital, Websites, Recruitment, Hiring, National blog main, Boston blog main, National top stories


EzCater Celebrates “Unicorn” Status After $150M Funding Round

Stefania Mallett was sitting at her kitchen table when she wrapped up the details behind her catering technology startup ezCater’s latest funding round, a $150 million investment.Mallett shared the details to her husband before the size of the occasion sank in.“I’m busy, already onto the next thing. He said, ‘Wait, that is a big number.’ I looked at him and it dawned on me: ‘That is a big number,'” Mallett recalled.That figure is the software company’s latest valuation by its investors: $1.25 b...
Tags: Deals, Boston, Restaurants, Singapore, CA, Trends, Tech, Vc, Paris, Vancouver, Tiger Global, Denver, Lightspeed Venture Partners, Iconiq Capital, Unicorn, Insight Venture Partners


SpringWorks, Armed with Ex-Pfizer Cancer Drugs, Reloads with $125M

SpringWorks Therapeutics, a startup spun out of Pfizer to develop drugs gathering dust on the New York pharma giant’s shelves, has closed its second nine-figure financing round in less than two years.The $125 million Series B funding gives the New York City startup the backing to bring two cancer drugs into what could be their final trials before regulatory approval, if all goes well. Perceptive Advisors led the round, but Springworks also has the backing of two pharma companies—Pfizer (NYSE: P...
Tags: Deals, Startups, New York, New York City, Trends, Vc, Fda, GlaxoSmithKline, Pfizer, Bain Capital, Life Sciences, GSK, OrbiMed Advisors, BeiGene, National blog main, New York blog main


Novartis Adds Inflammation Drugs to Pipeline with Deal for IFM Tre

Less than a year after launching and only days after advancing its lead program into clinical trials, drug developer IFM Tre is in line to be acquired by Novartis.According to an agreement announced Monday, Novartis (NYSE: NVS) will acquire all of the outstanding stock of privately held IFM. The Basel, Switzerland-based pharmaceutical giant will also pay IFM an upfront fee, plus milestone payments pegged to the progress of its experimental drugs. No other financial details of the agreement were...
Tags: Deals, Startups, Boston, Trends, Gout, Novartis, Biotech, Life Sciences, Clinical Trials, Basel Switzerland, Inflammation, National blog main, Boston blog main, Boston top stories, IFM, Novartis NYSE


Go Behind the Hacker Frontlines at Cyber Madness in Boston April 8

Criminal hackers might get most of the headlines, but there are plenty of “ethical” hackers helping companies and organizations spot and fix vulnerabilities in their cyber defenses.On April 8, you can go behind the scenes of the hacker frontlines at Xconomy’s “Cyber Madness: Case Studies in Security,” an afternoon conference in Boston focused on how companies have solved security problems. In one session, HackerOne CEO Marten Mickos and Mapbox information security engineer Olivia Brundage will ...
Tags: Startups, Boston, Trends, Tech, Cisco, Cybersecurity, Carbonite, Mapbox, HackerOne, Marten Mickos, Sam King, Raytheon, Veracode, Corey Thomas, Mohamad Ali, National blog main


Bio Roundup: Amyloid Angst, NASH News, Brammer Bagged & More

A week after , the ripple effects are still being felt—and not just by Biogen, which lost billions of dollars in market value in a flash.We’ll kick off this week’s roundup with the aducanumab reaction, which includes plenty of thoughts about the future of the so-called “amyloid hypothesis” and what’s next for another Biogen Alzheimer’s drug that has had mixed results.We’ll also check in on the gene therapy deal spree, the big week in national healthcare policy, and the preparations several com...
Tags: Deals, Obamacare, Trends, Alzheimer's Disease, Affordable Care Act, National, Pfizer, Medicaid, Xarelto, Federal Trade Commission, Life Sciences, Bayer, Clinical Trials, Celgene, Gilead Sciences, Eisai


Boston Tech Watch: Tinkergarten, ezCater, Glasswing Ventures & More

Tech to get your kids out into nature raises some big bucks from some Hollywood tech giants, while restaurant software and automated payments also make big moves. Read on for more Boston tech news:—Outdoor child-education network Tinkergarten raised $21 million from the consumer technology fund WndrCo run by former Disney (NYSE: DIS) chairman and DreamWorks co-founder Jeffrey Katzenberg and other media and tech veterans. The Northampton, MA-based company says it aims to help families connect wi...
Tags: Deals, Hollywood, Boston, Israel, Disney, Trends, Startup, Tech, Data, Mit, Vc, Northampton, Cambridge, Dreamworks, Fantasy Sports, Private Equity