Medical Capital Group, LLC has announced expansion of its medical capital technology investment banking team with the addition of Hari V. Sundram, M.D., who will serve as vice president and medical director — as reported by citybizlist.com.
Also via citybizlist.com, venture capital firm Kepha Partners has completed investment in Peermeta. See Peermeta Secures $6 Million Investment to Fuel Its Growth in the Mobile Content Industry.
The Boston Globe article, The New Me Generation, with discussion of the new crop of recent graduates with entrepreneurship — not the corporate ladder — on their minds, features Mike Segal and Travis May, cofounders of the Harvard Entrepreneurial Forum.
Waltham's Idiom Technologies Inc. graced the pages of Mass High Tech for its new web-based version of its WorldServer translation software product, and its efforts to capitalize on this growing market. See Idiom aims to grab translation-tech market share.
Bedford, Massachusetts-based, IRacing.com, developer of motorsport simulation software, is reviewed in the October 2007 issue of Automobile Magazine. Boston writer Ezra Dyer gives it a test drive and observes, "The iRacing software is slavishly obsessively devoted to replicating reality.... So don't call it a video game..."
Congratulations go out to Woburn-based Innov-X Systemsand Universal Mind, of Westfield, MA, both named to Inc. Magazine's Inc. 500 list of the fastest growing private companies.
Blue Fang Games was mentioned in the Boston Globe article, Hub back in scoring position, highlighting Boston-area game developers "making their mark in the $7 billion market for video game software."
Retica Systems Inc.'s "Eagle-Eyes," a biometric identification system using iris scans from several meters away, is the subject of a Mass High Tech article, Retica eyes funds to help 'Eagle' tech. The Waltham-based firm's recent $5.4 million Series B financing will help fund the system as well as a mobile version of the technology, Mobile-Eyes.
Bridgeline Software Inc. has been named to Entrepreneur Magazine’s Hot 500 for 2007, the magazine’s annual ranking of America’s fastest growing businesses. Bridgeline is a developer of award winning web applications and its on-demand web based platform called Orgitecture.
Davies Murphy Group is making news for its unique integrated approach to public relations and marketing as told recently in this Boston Business Journal article.
Agrivida Inc. is featured in a Mass High Tech article, Bio in the 'burbs, as exemplifying a recent trend of biotech companies migrating to the suburbs in Massachusetts, with data from a Massachusetts Biotechnology Council study.
Congratulations to client Boston Microfluidics Inc. — currently seeking $2 million in funding to develop a medical device that reduces the time required to detect sexually transmitted diseases — for becoming the first tenant of Boston University's Entrepreneurial Research Laboratory as reported by both the Boston Business Journal and Mass High Tech, as well as the Boston Globe.
The June 6, 2007 Boston Business Journal carries the deal announcement "Micronetics acquires MICA Microwave for $5M" in a cash-and-stock deal. MBBP represented Micronetics in the transaction. More news from Hudson, NH-based Micronetics: The company wins $930K order for jamming devices from New York-based EDO Corp.
Client Toston LLC will open 10 Tossed franchise stores in Massachusetts and Rhode Island over the next six years. Tossed features made-to-order salads as well as sandwiches, soups, crepes and smoothies. Customers choose their own lettuces and components to create their own salads. Read more about it in this March 23rd Boston Business Journal article.
We were happy to open up the March 9th edition of Mass High Tech and see it full of our clients. Featured in the issue:
Client Genalytics Inc. was featured in The Boston Globe's Business section on February 5 for its software that allows direct-mail advertisers to better target the right consumers.
According to the January 8 issue of Mass High Tech, Woburn based, Innov-X Systems, whose chemical detection technologies have been used in environmental compliance as well as forensics analysis of the Discovery Shuttle for NASA, has received $27 million in venture funding from Boston-based Summit Partners Inc. and is in the process of doubling its office space.
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