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— Ben Adams (@ben_a_adams) May 24, 2018. This is a longer-than-average TFB round announcement blog entry, but there is a lot to share, so bear with me. See [link] pic.twitter.com/Od1nuq0UQV — TechEmpower Framework Benchmarks (@TFBenchmarks) May 17, 2018. link] — John Montgomery (@Johnmont) May 24, 2018.
Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. What was the biggest news for your organization in 2018? You'll be able to browse all of those contributions here. Happy Holidays!
2018 was a year of ups and downs for the business and technology community. Storylines in various sectors helped shape the overall narrative in 2018. It was a year of big exits—both IPOs and acquisitions—for tech and life sciences companies. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
In a post on Kik’s blog on Friday the MediaLab said that it has “finalized an agreement” to acquire Kik Messenger. “ Kik is one of those amazing places that brings us back to those early aspirations,” the blog post read. The company filed registration documents in California in June 2018.
[ Editor’s note: This is part of a series of posts sharing thoughts from technology leaders about 2018 trends and 2019 forecasts. Today’s artificial intelligence technologies have demonstrated they’re capable of handling specific tasks, such as identifying pictures of cats or spotting cancer in CT scans.
Venture capital investments rose in 2018 to levels not seen since the heady days of 2000, the last year U.S. startups collectively took in more than $100 billion. billion into companies.
View the Slideshow On November 4-6, Xconomy organized a meeting of the minds—an elite gathering of leaders in technology, business, healthcare, education, and energy—to discuss and demonstrate the key trends in their fields, heading into next year.
Lyft has been moving toward this “all-of-the-above” approach for much of 2018, a shift accelerated by its acquisition of Motivate , the oldest and largest electric bike-share company in North America, the launch of its scooter business and its Nearby Transit program that kicked off in Santa Monica this September.
Although there are still several days remaining in the first quarter of 2018, EY reports the number of first-quarter IPOs is 44 percent higher than the 25 offerings that occurred in the first quarter of 2017. IPO activity has been ticking up, with 36 IPOs raising more than $12.7 billion total raised was almost 17 percent higher than the $10.9
In a blog post in May, Google announced it would begin reopening its offices from early July this year. This was only to allow those staff who wanted or needed to come back, and was done on a “limited, rotating basis”, the blog said. Remote Working: What Is Twitter Doing? Remote Working: What is Facebook doing?
[ Note: Ben Fidler co-authored this report.] This weekend, San Diego will host the annual American Society of Hematology conference, the largest U.S. medical gathering to get the latest on blood diseases, and a venue for updates on some of the most cutting-edge biotechnologies that only a few years ago seemed like science fiction.
Privately held biotech ViaCyte has banked $27 million, the majority an installment of cash from a tranched $80 million Series D financing round it closed in late 2018.
More important than finding a community, is creating one, with your blog and other social media engagement. Social media activities span the gamut from curation to gifting, building relationships and groups, blogging, service actions, to lead conversion. See some recent examples in the The 10 Best Social Media Campaigns of 2018.
The company built its own point-of-sale system and commerce APIs in-house, allowing them to deliver a “seamless” customer experience, former Glossier CTO Bryan Mahoney said in 2018. Founded in 2014, Glossier is widely touted as one of the earliest breakout successes of the DTC model, and raised its Series E last July at a $1.8
Members hire Associations, Members fire Associations is what the new mantra will be for Association Executives in 2018. In 2018 the new mantra will be: Members hire Associations, Members fire Associations. Welcome to 2018: Members hire Associations, Members fire Associations. Click here to receive future blog articles.
In July 2018, the company licensed. The company joins the public markets with four product candidates in its pipeline, all topical non-steroidal treatments being developed for seven dermatological indications. Arcutis’s IPO cash will go to advance clinical development of its experimental dermatological products.
Once considered a passing phase, the concentration of capital into fewer, larger venture capital deals appears to be the new normal. Fueled by so-called mega-funds, investment in U.S.-based based venture-backed companies as of the end of the third quarter hit a decade high, and is on pace to pass the $100 billion mark by year’s end.
According to IPO research firm Renaissance Capital , 47 IPOs have priced so far this year across all sectors, down 27 percent compared to the same period in 2018. Five biotechs priced their IPOs and at least one more is coming. Just as last year, healthcare IPOs lead the way. Here’s a look.
Elagolix (Orilissa) was approved in 2018 as a treatment for moderate-to-severe pain associated with endometriosis, a condition in which tissue that normally lines the uterus grows outside of it. The regulatory nod in uterine fibroid bleeds makes elagolix the first FDA-approved drug for that indication.
Specifically, if you think public perception about the tech industry took a turn for the worse in 2017, what should the industry do to rebuild trust in 2018? Rounding out our series of perspectives and prognostications for the new year , we asked people in Xconomy’s network about trust in the tech industry.
Last week, Xconomy previewed the American Society of Hematology’s big meeting in San Diego, the largest medical gathering in the country on blood diseases. We took a deep dive into five specific disease areas under scrutiny, from lymphoma to hemophilia to sickle cell disease and more.
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.
software startups to reflect on the trends that defined the sector in 2018—and where things might be headed in 2019. Meanwhile, A.I. developers continued to grapple with issues around transparency, trust, and ethics. As part of Xconomy’s series of year-end posts , we asked a pair of CEOs of Boston-area A.I.
René Pinnell says he and his wife Selena Pinnell were “blown away” by the virtual reality projects their friends were creating in 2014, so they looked for an entrepreneurial niche that would allow them to support such artists. That year the couple, both trained in design, founded a startup in San Francisco, then called KaleidoscopeVR.
Just look at some of 2018’s biggest biotech stories. It can take decades and billions of dollars to develop a drug, and its fate—and often that of its developer—rests in the outcome of clinical trials.
An FDA memo issued alongside the Tuesday statement reveals that a member of AveXis, the Zolgensma developer that Novartis acquired in 2018 , called the agency in June to say that the company “had manipulated data.” That issue “impacts the accuracy. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
Xconomy: If you think public perception about the tech industry turned for the worse in 2017, what should the industry do to rebuild trust in 2018? (Palmer previously co-founded Vertica Systems, now part of HP.) Andy Palmer: I think that increased awareness of gender equity issues. Read more » Reprints | Share:
With a community forum, along with its aims to offer easily accessible and readable annual reports (you can view reports for 2017, 2018 and 2019 on its site), Monzo champions transparency. As of its 24 January 2020 blog post, 1000 customers have been involved in the US testing process. billion contactless payments in the UK in 2018.
The purchase price is 25 times MatrixCare’s pro forma 2018 earnings of about $30 million (without taking into account interest, taxes, depreciation or amortization) on anticipated net revenue of about $122 million. San Diego’s ResMed (NYSE: ticker[[RMD]]) announced its intention to buy the privately held tech company on Monday.
companies through the first six months of 2018, according to the latest Venture Monitor report produced quarterly by Seattle-based PitchBook and the National Venture Capital Association (NVCA). At this pace, 2018 venture investment is well on its way to surpassing last year’s $81.9 This year could be even bigger. billion into U.S.
In 2018, however, it is possible for someone to use a spoofed version of King’s home number. The phone number that called her, she later discovered, was startling. “It It was my home phone calling me, which was not possible,” says King, who recently finished a doctorate in information science and now works at Stanford University.
The Denmark-based biopharmaceutical company is a large, international organization whose commercialized products contributed to its $455 million-plus in 2018 revenue. . —Genmab is different from the other life science companies that joined the public markets this week. Read more » Reprints | Share:
The San Diego-based biotech, which started operations about 18 months ago, made its public debut in December 2018 with $42 million. On Monday Erasca—a portmanteau of “erase” and “cancer”— announced it had completed a Series B financing round jointly led by Arch Venture Partners and Cormorant Asset Management.
With “Hey Google” and “Alexa” echoing from the expo halls of Las Vegas to millions of homes, the hype around voice-controlled computing is reaching a new peak in early 2018. Voice-controlled devices are permeating our world, and this new user interface is the future of computing—or so we are told by the companies purveying it.
This fall, we are convening exemplary business leaders, investors, and far-seeing technologists for an in-depth exploration of the innovation ecosystem and its impact on the future. Come join us at our newest interactive conference, XCON: The Xconomy Conference on Technology and Transformation.
companies during the first three months of 2018—marking the strongest single quarter in at least a dozen years, according to the Venture Monitor Report released today by Seattle-based PitchBook and the National Venture Capital Association (NVCA). Venture capital investors poured more than $28.2 billion into U.S.
All that and a lot more await you in the final 2018 roundup. Happy holidays, everyone. We’ll see you in January. TOP STORIES —This week Xconomy. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
In mid-2018, Tom Bogan was the leader of business planning software company Adaptive Insights as it planned its own next steps. The Palo Alto, CA-based company was on the point of raising about $115 million in a June IPO that would have set its market value at around $705 million, according to PitchBook. billion acquisition offer.
Today, with instant and pervasive Internet communication, you can sell your vision via blogging, crowdfunding, and videos before you spend big money building prototypes and pivoting as you learn. Marty Zwilling First published on CayenneConsulting on 10/10/2018.
I’m talking about using the new digital channels of blogging, social media, and influencers more creatively to “pull” people to your solution, and make them advocates. Marty Zwilling First published on Inc.com on 10/10/2018. This is the new art and science of marketing. Keeping up with this change is critical to your survival.
Scott Beechuk, a partner at Norwest Venture Partners , is one of the tech industry observers invited by Xconomy to look back at the technology developments of 2018, and also forecast some trends he expects to see in 2019. Palo Alto, CA-based Norwest weathers the uncertainties of technology and the economy with an investing strategy.
With 2018 around the corner, this was a week to look ahead. At Xconomy, we zeroed in on several clinical trials that could become major stories in the life sciences. Other healthcare milestones are on the way, too. The FDA will consider for the first time whether a video game should be approved as medicine.
Then, enjoy what remains of 2018. So while it might be nearly time to board your plane (or hop in the car, or simply spend a little time away from your screens), first catch up on recent local biotech happenings.
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