Ekos, a Bothell medical device maker whose catheter-based ultrasound devices are used to break up blood clots in legs, has been acquired by British pharmaceutical company BTG for $180 million. The deal also includes up to $40 million in additional payouts if milestones are met. In addition to Ekos, BTG also agreed to purchased Nordion’s… Read More…
It has been a good week for the Seattle life sciences community. On Monday, Seattle genomics tool maker NanoString Technologies filed for an initial public offering that could raise up to $86 million. Now, comes word that Cardeas Pharma Corporation, a biopharmaceutical company led by Seattle biotech veteran Bruce Montgomery, has raised $34 million in funding…. Read More…
Seattle venture capital firm Frazier Healthcare has joined with Philadelphia-based Packaging Coordinators to purchase AndersonBrecon, a leading contract pharmaceutical packing company. The unit had previously been owned by health services giant AmerisourceBergen Corporation. Packaging Coordinators is a portfolio company of Frazier, and the newly-combined entity will operate under the Packaging Coordinators name. “PCI has been on an aggressive… Read More…
BeatBio, a Seattle life sciences startup led by former Vulcan Capital managing director Michael Kranda and former VieVax CTO Gregory Mahairas, has raised $2.5 million in seed funding from CET Capital Partners, the W Fund and others. The new funds will be used to move the company’s gene therapy product into clinical trials, an experimental… Read More…
We’re getting a better idea of how longtime Microsoft executive Craig Mundie is going to spend some of his time after he retires from the software giant next year. Mundie, the former chief research and strategy officer at Microsoft who now serves as an advisor to Steve Ballmer, was just named to the board of the… Read More…
Seattle biotechnology company Theraclone Sciences has raised an additional $8 million in equity financing and $6 million in debt, bringing total investment in its series B funding to $50 million. Investors in the round included ARCH Venture Partners, Canaan Partners, MPM Capital, Healthcare Ventures, Alexandria Real Estate Equities, Amgen Ventures, Versant Ventures and Zenyaku Kogyo. “Theraclone… Read More…
Seattle biotechnology startup Blaze Bioscience has raised $8.5 million to continue developing technologies that are designed to help surgeons more easily identify cancer cells in the body. Total funding in the company, with operations in the South Lake Union area of Seattle, now stands at $9.8 million. Blaze said that the money came from individual… Read More…
Innovative Pulmonary Solutions has a new name, a new round of cash and a new headquarters. The medical device company announced today that it has changed its name to Holaira and opened a new headquarters in Plymouth, Minnesota. It also raised $10 million from existing investors, including Advanced Technology Ventures, Morgenthaler Ventures, Split Rock Partners, and… Read More…
Michelle Burris, the chief financial officer at Bothell biotechnology company OncoGenex Pharmaceuticals, has resigned from her post after disclosing a “developing personal relationship” with CEO Scott Cormack. After the relationship was disclosed to the board, the company determined that Burris should hand over her executive duties to others in the company. She will continue to serve… Read More…
NanoString Technologies continues to rake in new capital, announcing today that it has raised $15.3 million from Morgan Stanley Expansion Capital and AllianceBernstein Alternative Investment Management Group. Existing investors, including Clarus Ventures, Draper Fisher Jurvetson, OVP Venture Partners, GE healthymagination Fund and BioMed Ventures, also participated in the financing. The deal follows a $20 million financing round… Read More…
Messages from our GeekWire members. Become a Golden Geek or Super Geek to put your message on the home page for a year. See full list of member messages.
Become a leader in secure software development with a Master of Science in Cyber Security Engineering. Study the Secure Development Lifecycle and build your knowledge in computer science techniques to prevent and respond to cyber-attacks. Attend classes in the evenings at the University of Washington in Bothell. Apply by July 1 to start the program in fall.
Top-tier Northeastern University–Seattle provides graduate degrees in science, technology and engineering that are aligned to industry in Seattle and around the world. Flexible start dates and classes online and on-campus fit your busy schedule.
Wave Business Solutions would like to welcome Michael Villanueva as the newest member of the Wave Business Solutions leadership team. Michael will lead the Seattle West Division sales executives in Wave’s fastest growing business segment. Michael comes to us from Time Warner Cable Business Services in LA. Welcome to the Wave Business Solutions family Michael!
Join Washington’s innovation community on May 29th at the Sheraton Seattle Hotel for a keynote conversation with one of Seattle’s most prolific and successful entrepreneurs: Rich Barton, co-founder of Zillow and Glassdoor and founder of Expedia. Networking begins at 11 am; program is 11:30 am – 1:30 pm. Presented by the Technology Alliance.
Bonus for great writing skills and for having an opinion. Double-bonus for experience with tech start-ups. Barokas PR, the Pacific Northwest’s only PR agency that eliminates BS from PR, is growing. You’re perfect if you come with at least a few years experience.
Co-founder, Editor
[email protected] | (206) 913-7926
Chairman
@jonathansposato
Co-founder, Editor
[email protected] | (206) 300-0265
Chief Sales Geek
[email protected] | (206) 579-0581
Cultural Attaché
[email protected]
Staff Reporter
[email protected] | (503) 347-8390
UPDATED: GeekWire 200, a ranked index of Seattle-area startups, uses publicly available data to identify the companies most popular and trending among key online communities.
GeekWire's iPhone App is Here: Download it today to read the latest tech news and features on the go, with Twitter and Facebook sharing, plus offline reading support.
GeekWire on Twitter: Follow @geekwire for real-time headlines, breaking news and updates from the GeekWire news team, plus selected highlights from the GeekWire Job Board.
Most commented