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Active Network Preparing IPO

18x18 Xconomy   about 22 hours ago
The San Diego-based Active Network, a Web-based services company that provides everything from online campground reservations to registration for softball leagues and marathons, is now “quite far a...

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Will the Stem Cell Ruling Affect Venture Capital Investing?

18x18 Xconomy   2010-09-01
Last week’s federal district court ruling ordering an immediate halt in federal funding for stem cell research has thrown academic research circles into a state of confusion. This has caught the at...

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I Can Has Cheezburger CEO Ben Huh Publicly Offers to Buy Reddit from Condé Nast

18x18 Xconomy   2010-08-30
I Can Has Cheezburger’s Ben Huh extended an offer to purchase Condé Nast’s online user-generated news aggregation site Reddit.com last week, amidst an online debate over politically controversial a...

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Don’t Confuse Getting to Market with Building a Company: Charles River Ventures’ Izhar Armony Busts Some Micro-VC Myths

18x18 Xconomy   2010-08-27
“Micro VC” and “super angel” funds are all the rage these days. These terms refer to the emerging segment of venture capital and angel capital in which a growing number of investors are putting sma...

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Finistere Plans New Venture Fund

18x18 Xconomy   2010-08-25
Finistere Ventures, a San Diego venture capital firm that has maintained a low profile while investing in early stage medical device and agricultural biotech startups, is laying plans to raise anot...

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Taking a VC Approach to Charity, Greylock Veteran’s Alzheimer’s Research Foundation “Dares to Be Great”

18x18 Xconomy   2010-08-25
When Henry McCance started at Greylock Partners in 1969, the venture capital industry had less than $100 million of capital flowing into it each year, he approximates. Now, it’s roughly a $20 billi...

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NeuroVista Raises $21.5M More Through VC Round and Investment From Cyberonics

18x18 Xconomy   2010-08-25
Seattle-based medical device developer NeuroVista has raised $16.5 million in equity financing led by Australian firm GBS Venture Partners, and an additional $5 million through a convertible debt a...

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Xconomy is Expanding Its Coverage of Michigan Innovation—and We’re Looking for Great Writers to Join Us

18x18 Xconomy   2010-08-19
It’s been just four months since we launched Xconomy Detroit to bring our unique coverage of life sciences, information technology, energy, transportation, robotics, venture capital, and other high...

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Boston VCs Back Smooth-Stone

18x18 Xconomy   2010-08-16
Three Boston-area venture capital firms have led a new $48 million financing round for Smooth-Stone, a chip startup based in Austin, TX. Battery Ventures, Flybridge Capital Partners, and Highland C...

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Felicis Closes Fund at $40M

18x18 Xconomy   2010-08-16
Former Googler Aydin Senkut has closed fundraising for Felicis Ventures, super-angel/micro-VC fund, at $40 million, according to reports over the weekend in VentureBeat, the Wall Street Journal, an...

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MLC Dx Raises $6M

18x18 Xconomy   2010-08-13
MLC Dx, a San Francisco-based maker of molecular diagnostics, has secured $5.9 million in a Series B financing, according to a report in VentureWire. Mohr Davidow Ventures participated in the round...

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Highland Capital Leads $7.5 Million Series B Round for Group Payments Startup WePay

18x18 Xconomy   2010-08-12
Lexington, MA-based Highland Capital is the lead investor in a $7.5 million series B round for WePay, the group payments startup that emerged from the Mountain View, CA-based Y Combinator startup i...