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Two more start-ups aim to answer the question 'What's worth doing tonight?'

Posted by Scott Kirsner February 8, 2010 11:30 AM

Sponty and Riotvine want to amp up your social life, helping you post local events worth going to, and ideally gather some like-minded friends who might want to join you. 

It's an area where it'll be tough to gain momentum, given that Facebook is heavily used for sharing events, and Upcoming (now part of Yahoo) and Eventful have been around for a few years. Also, Boston-based Going.com tried to digitize our social lives, raising about $5 million in venture capital without really achieving critical mass. (It was acquired last year by AOL.)

Sponty co-founder Fayez Mohamood says his site has a tight focus on music. And the site is geared to encouraging you to follow "moguls" (taste-makers) who might lead you to great shows you wouldn't have discovered otherwise. "It's all about finding events through people," Mohamood says. Sponty's free iPhone app launched in December, and the ability to post events directly from Twitter came online in January. Sponty was a "side dish" demo-er at Web Innovators Group gathering last December.

Sponty and Riotvine are both predominantly focused on happenings in Boston at this stage, though Riotvine just launched two new cities, Austin and San Francisco, last week. Riotvine founder Kabir Hemrajani tells me that contests and ticket giveaways have proven the most effective way to attract new users to his site. One neat Riotvine feature is being able to see all the tweets related to each artist (granted, sometimes they are not that related), which sometimes contain links to music samples, videos, or reviews of past shows, and give you a sense of the buzz a given performer is getting.

Both Sponty, based in Cambridge, and Riotvine, based in Boston, are boot-strapped two man companies. Mohamood says he's currently in talks with some potential angel investors, and Hemrajani had a chance to publicly pitch Bain Capital Ventures Venrock a few weeks back as part of DartBoston's Capitalize series. Hemrajani says he left his full-time job last fall to work on RiotVine full time, but Mohamood is a still full-time employee at The MathWorks, developing Sponty on the side with co-founder Mahmoud Arram.

Both start-ups, interestingly enough, will be down in Austin, Texas next month for the big South by Southwest music festival, hoping to generate some buzz. (It's the first time for Mohamood, though Hemrajani attended last year.) That's the same event that put some wind in the sails of both Twitter and Foursquare.

General Catalyst invests in CyPhy Works, new venture from iRobot co-founder Helen Greiner

Posted by Scott Kirsner February 4, 2010 08:35 PM

News surfaced yesterday in an SEC filing that Helen Greiner's new robotics company, CyPhy Works (formerly The Droid Works), had raised its first round of venture capital funding: $1.75 million from Cambridge's General Catalyst.

Greiner's company had previously won government grants from the National Institute of Standards and Technology and the National Science Foundation to develop nimble, remotely-piloted flying machines that can operate indoors and out. Possible uses: as a tool for emergency response teams when it may not be safe to enter a building, or for inspecting the underside of bridges and other hard-to-reach infrastructure.

Managing director John Simon of General Catalyst is joining the board of Framingham-based CyPhy; he's also on the board of iWalk, another start-up founded by an MIT-trained roboticist, Hugh Herr.

I caught up with Simon this afternoon to ask him about the two investments in areas where VCs usually fear to tread: robotics built primarily for state and government customers (CyPhy), and prosthetic devices for amputees (iWalk).
FULL ENTRY

Favorite iPhone apps of the mobile CEO set (...and more)

Posted by Scott Kirsner February 3, 2010 07:31 AM

Mobile Monday Boston, which organizes regular networking shindigs for folks who work in the mobile industry, held its first CEO dinner on Monday night at Post 390 in the Back Bay. The evening was organized by Matt Gross and Kate Imbach, the two prime movers behind Mobile Monday, and about 15 or 16 CEOs attended, including Ted Morgan, CEO of Skyhook Wireless, Chuck Goldman of Apperian, and Seth Priebatsch of SCVNGR. The only venture capitalists in the room (no surprise here) were three gents from Flybridge Capital, which was footing the cost of the dinner.

I moderated a wide-ranging discussion over dinner, and so didn't take many notes, but here are a few tidbits:

Jeff Bussgang of Flybridge asked the assembled CEOs about their favorite iPhone apps. Here's what he got:

- Goldman said his is MouthOff, mainly for entertaining his kids. (You hold the iPhone in front of your mouth, talk into it, and an animated mouth moves in synch with your words.)
- FitnessKeeper CEO Jason Jacobs said his is Orbit, which helps you navigate between many pages of apps on your phone.
- Imbach put in a plug for Sleep Cycle. You put your iPhone in your bed and go to sleep. It analyzes your sleep patterns, and wakes you up when you are in the ideal phase of your sleep cycle.
- Morgan said his favorite app is OpenTable, for making instant restaurant reservations when he's on the road.
- Priebatsch said he's fascinated by the game Augmented Reality Ghost Hunter, though he cautioned that it can be spooky when played late at night. 

Greg Raiz of Raizlabs mentioned that his Brookline development shop is working on two or three apps for Apple's just-announced iPad device, mainly to show what they can do with it. Raiz also mentioned Drinks on Tap, an occasional gathering for Boston-area iPhone developers, which I hadn't yet heard about.

There was quite  a bit of discussion about Foursquare, and whether the start-up's location-based "check in" idea will eventually get built into apps like Yelp or Facebook, rendering Foursquare irrelevant. (Here's the Foursquare page for Post 390.)

Some of the local start-ups people were buzzing about that weren't present: Nexage, a mobile advertising company; Survey on the Spot, for gathering feedback on cell phones; Pongr, another mobile marketing start-up; and Locale, an Android app that can change your phone's settings automatically based on where you're at (no rings while in class, for example).

Amherst-based CampusLive gets angel funding to build start pages for 600 schools

Posted by Scott Kirsner February 2, 2010 08:40 AM

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Putting the final touches on a $320,000 round of angel funding this week is CampusLive, a company run by a group of UMass/Amherst alums (and drop-outs) that creates lightly-customized homepages for students at about 150 colleges, and sells local advertising on them.

Co-founder and CEO Boris Revsin wouldn't name the angels, other than to say that they are "a group of four guys, all based in the Northeast." Revsin said attorneys at the law firm Edwards Angell Palmer & Dodge helped make the introduction; CampusLive was recently chosen to participate in the law firm's "Helping Innovators Thrive" program, which offers free and discounted legal services to a group of five selected start-ups.

Founded in 2007, the Amherst company pulls together links, news, a Google interface, and weather forecasts onto a single page, and sells subscription-based advertising to local restaurants on it, ranging from $50 to $200 a month. Food ordering doesn't happen through the site, but restaurants receive reports on how many students interact with their menus on CampusLive. (The company plans to offer other kinds of advertising, too, and says that 63 percent of its users visit their CampusLive homepage more than 100 times a month.)

Revsin, who left UMass to work on the Mitt Romney presidential campaign, says the new funding will go towards building CampusLive's local sales teams. "We are selling in twenty markets now, and by the end of the year, I want to be selling in at least 150 markets," he says. Focusing on cities with multiple schools means CampusLive is planning to build portal pages for "at least 600 universities" this year, up from 150 currently.

One way the site builds traffic and excitement around the homepages is by running raffles for prizes like Sony Playstations, and by offering BestBuy and Target gift cards to students who  do the best job of spreading the word about CampusLive via e-mail, blogs, Twitter, and Facebook.

(Revsin is in the middle of the front row in the photo; on his left is CTO Jared Stenquist and on his right is COO Ryan Durkin.)

A business school grilling for Curt Schilling?

Posted by Scott Kirsner February 1, 2010 10:19 AM


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The "Founders' Dilemmas" course at Harvard Business School hosts a high-wattage visitor tomorrow: retired Red Sox pitcher Curt Schilling, who'll be talking about his videogame start-up, 38 Studios.

Founders' Dilemmas, taught by Noam Wasserman, focuses on "the tough, early choices that founders face that have important, long-term implications for them and their ventures." Wasserman recently published an amazing HBS case study on Schilling's transition from the world of professional baseball to the start-up sphere. It focuses on Schilling's decision to fund the Maynard company's first several years of development himself, and his thus-far unsuccessful efforts to bring in other investors to help bankroll 38 Studios, which is developing a massively-multiplayer role-playing game code-named Project Copernicus. (I wrote about Schilling's fund-raising efforts last July.)


The case study is astonishing for how much financial (and psychological) detail it shares about Schilling's experience trying to get the business off the ground. From the opening paragraphs:

It was April 2009 and Schilling felt he had taken 38 Studios to the brink, extending himself and his family both financially and personally. ...He admitted [while considering the acquisition of another gaming company, Big Huge Games], "I have put the majority of the money I've earned in my life on the table. If I make another financial investment, I will have crossed the point of no return from a personal investment and company standpoint."

BaseballReference.com estimates Schilling's career earnings at about $114 million. Want to guess how much it cost him to operate 38 Studios, a 65-employee company, from 2006 to 2008?

FULL ENTRY

New England angel groups convene next week in Cambridge

Posted by Scott Kirsner January 29, 2010 07:20 AM


Angel investing groups from around the region will gather in Cambridge next Wednesday for their 14th annual meeting. It's organized by CommonAngels and Hub Angels, two Boston-based groups of wealthy individuals who can provide anywhere from a few hundred thousand to a few million dollars to start-ups they deem worthy.

I spoke with James Geshwiler, managing director of CommonAngels, yesterday morning to get a sense of what they'll be discussing.

"The #1 issue is sufficiency and availability of capital," Geshwiler said, adding that groups want to be sure they can keep funding start-ups as they grow, not just hand them initial seed money. "We're looking at a venture capital industry and a population of high-net-worth individuals that is contracting. So we're increasingly putting emphasis on collaboration between different angel groups."

I asked how angel groups in New England have weathered the recession. "Clearly, everyone has lost members, and we had higher attrition in 2009," he said. But CommonAngels has also added a few new members, and Geshwiler says that if you look at a longer time frame than just the past year, "we're probably ahead by a little bit."

Also encouraging was a training seminar held earlier this month in Waltham under the auspices of the Angel Capital Association, intended to familiarize new investors with the world of angel investing. "Forty or fifty people showed up," Geshwiler said. "Some were new to angel investing and haven't joined one of the groups, and others were relatively new members of a group."

When the New England angel groups began gathering, one goal was to "improve the syndication process," making it easier for them to collaborate on initial investments and follow-on rounds. "Among angel groups, I'd have given our syndication work a C- then," Geshwiler said. "We've moved up to a B or maybe B-plus, but you can always do better."

Foursquare: The 21st century's version of 'Killroy was here'?

Posted by Scott Kirsner January 28, 2010 07:15 AM

Did you realize that John Harvard's Brew House, the Weston toll booths, and the Back Bay Filene's Basement all have mayors? None were popularly elected, but none were tainted by under-the-table campaign contributions, either.

If you have no idea what I'm talking about, you're clearly not a Foursquare user...yet. The mobile phone software and accompanying Web site turn your daily peregrinations into a competition: every time you venture somewhere (your neighborhood Dunkin' Donuts, or the Boston Garden), you use the Foursquare app or mobile Web site to "check in," getting credit for being there. The person who has checked in the most at a particular location becomes the mayor — at least until someone else shows up more often and steals the title.

It's a way of virtually tagging your regular hang-outs. Foursquare also enables you to see which other users have checked in at a place you frequent, or leave comments and recommendations: try the mac-and-cheese at John Harvard's, even though it's pricey, suggests one Foursquare user.

The app has become addictive for some folks in the Boston area. IBM employee Eric Andersen has amassed points for checking in nearly 1800 times, and has been awarded mayorships of almost 100 locations, like the Harvard Square Boloco restaurant, the MIT Press bookstore in Kendall Square, and the Williams-Sonoma shop at the Natick Collection mall. Social media consultant Joselin Mane is no slouch either, having surpassed 1000 check-ins and become mayor, somehow, of Microsoft's research lab in Cambridge (despite not actually working there.)

Foursquare offers an interesting window into where people spend time. Internet video expert Steve Garfield is mayor of the J.P. Lick's in Jamaica Plain (where he recommends the lactose-free vanilla.) Venture capitalist Bijan Sabet of Spark Capital seems to spend a lot of time at Sudbury's Oishii Too Sushi Bar and The Palm steakhouse in Boston. HubSpot co-founder Dharmesh Shah has become mayor of Rani Indian Bistro in Brookline and General Catalyst, one of the VC firms that funded his company. Part-time Arlingtonian Doc Searls, a blogger, author, and fellow at Harvard's Berkman Center for Internet & Society, is mayor of the #77 MTBA bus that runs down Massachusetts Avenue. Jonathan Zittrain, a Harvard Law School prof also associated with the Berkman Center, holds the mayorship of the Moakley U.S. Courthouse in South Boston. Mass High Tech editor Doug Banks is a diner kind of guy (who knew), having used Foursquare to establish his Fonzi-ness at the Action Diner and Lunchbox Diner in Malden. Some people, like entrepreneur Nabeel Hyatt, hold mayorships only where they work (Cambridge's Conduit Labs.)

Foursquare user Susan Kaup says that for her, Foursquare "makes what I'm already doing more of an adventure." It's an opportunity for Kaup, a digital marketer and event planner who lives in Somerville, to share her advice with strangers. At the West Side Lounge in Cambridge, she posted an endorsement of the "amazingly delicious grapefruit gimlet" there.

Some local Foursquare users check in from unusual spots. PR guy and event organizer Chuck Tanowitz has become the mayor of the Law Office of Ellen Rappaport Tanowitz in Newton. (He happens to be married to the good solicitor.) Creating Foursquare locations like that can help generate awareness about a business within the social media sphere. Tanowitz is also mayor of the Taste Coffee House in Newtonville, where he runs a weekly gathering for self-employed PR consultants.

(I tried Foursquare last summer but found it annoying to check in, especially when the app repeatedly failed to recognize where I was, or accept the new locations that I tried to add to its database.)

Andersen, the IBMer who is on his way to becoming the Foursquare mayor of all eastern Massachusetts, says, "I check in to pretty much every place I go," and that he's made new acquaintances using the application, noticing others who frequent his hang-outs. But he contends that he's not a socialite or club kid, spending every night of the week out on the town: "Sometimes it's just checking in on a boring Saturday when I have to go to 11 different places, like Home Depot and the cleaner."

He recounts a recent bloodless revolution at Toscanini's ice cream shop in Central Square, where he ousted the sitting mayor by showing up frequently and either ordering iced cream or a spiced butterscotch latte.

The former mayor, marketing executive Ace Battacharjya, can console himself, though, in his remaining mayorships of Boston's Petit Robert Bistro and House of Siam.

Here's a list of some of Boston's most hard-core Foursquare players, based on their number of check-ins.

Somerville start-up takes fee-based approach to apartment rentals, challenging Craigslist

Posted by Scott Kirsner January 27, 2010 07:45 AM

Can Rental Beast gnaw off a piece of Craigslist's apartment rental business?

It won't be easy, but the Somerville start-up is already profitable, and still plugging away six years after it was founded.

For people hunting for an apartment, Craigslist has become the go-to destination: most of the inventory in big- and medium-sized cities shows up there, and using it is entirely free for prospective tenants. (Posting to Craigslist is free for landlords, too, except in New York City, where apartment brokers pay a small fee.)

Rental Beast charges users a monthly fee to access what founder Ishay Grinberg says is a cleaner database of rentals, accompanied by better tools to let landlords evaluate potential tenants.

"When you search for 'Back Bay' on Craigslist, you get thousands of results, most of which aren't even in Boston," Grinberg says. "And people often post listings there without a phone number to call — just an anonymous Craigslist e-mail address." Listings sometimes don't get removed, either, once an apartment is rented, which makes it hard to tell what's really available and what's not, Grinberg adds.

Rental Beast makes it easy to sort through apartments that have been de-leaded, or come with off-street parking. Landlords, who post their vacancies for free, can conduct a credit check on potential tenants through the site for about $15. (Sites like Rent.com and Apartments.com are free for tenants, but charge landlords various fees.)

Grinberg saved up the money to start Rental Beast — about $20,000 — while working as an apartment broker in New York City. That seed capital was enough to allow the site to reach profitability. Grinberg says the company, which has six employees, had net profits of $100,000 by 2008. (He says the company was also profitable last year, but won't share numbers.)

Right now, Rental Beast only lists apartments in Massachusetts, but Grinberg is currently trying to raise some funding to expand its scope. "We want to go after the top three-to-five rental markets over the next three-to-five years," he says. "That includes cities like New York, Washington, D.C., Miami, and Chicago."

Late last year, the site dropped its entry-level membership fee from $89 to $29, which allows for one month of unlimited access to the site; higher membership levels offer more personalized service, like advice about neighborhoods, help setting up appointments, and guidance on lease negotiations.

Apartment vacancy rates are "as high as they've ever been," Grinberg says. That has encouraged landlords to try listing properties on less-established sites like Rental Beast — and has made renters less willing to pay a broker's fee.

But in a world where Craigslist has made filling or finding a vacant apartment fundamentally free, can Rental Beast build a significant business by trying to streamline the process? We'll see...

You can't tell how the innovation economy is doing without a scorecard

Posted by Scott Kirsner January 26, 2010 07:17 AM

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How do we know if we're building the strength and enhancing the vibrancy of the innovation economy in New England? 

Talking with Avid Technology founder Bill Warner earlier this month, we decided that a scorecard might be handy. "If you can get people talking about things using the same terms, measuring things the same way, that's a first step to making progress," Warner said over cappuccinos at Simon's. It was the week after Quattro Wireless had been acquired by Apple for $275 million, and we were debating whether that will ultimately be a positive or negative deal for the local tech ecosystem: could Quattro instead have matured into a standalone company, a significant player in mobile media and advertising? How long will Apple keep the Quattro office in Waltham open?

So here's my draft scorecard. Let me know how your scorecard would be different by adding a comment. (Here's Warner's blog post, from last night, about the scorecard concept.)

> Single: You start a boot-strapped or venture-funded company that creates something innovative, provides a useful product or service to customers, and hires at least a few employees.

> Double: You strike a chord with your customers, and grow sales over $10 million. Quattro was probably in this category when Apple bought it.

> Triple: Sales surpass $100 million. Company may go public, stay independent, or be sold.  I'd chalk up a triple for Starent Networks, bought last October by Cisco after it had gone public, and EqualLogic, bought in 2007 by Dell. Constant Contact, the publicly-traded e-mail marketing firm in Waltham, is a triple, too.

> Home Run: You build up a globally-influential company here in New England, with local leadership. You employ hundreds or thousands of people, recruiting some from outside the region. Your market cap hits or surpasses $1 billion. Ideally, these companies are spawning other innovative start-ups in their space.  Akamai Technologies and Analog Devices are in this category.

> Grand slams. Locally-led companies with a market cap greater than $10 billion. You may acquire companies in other regions and open your own offices there. EMC is in this category, as are Genzyme, Biogen Idec, Thermo Fisher, and Raytheon. 

Companies like LogMeIn are doubles that could become triples (stolen base?). Battery-maker A123 Systems, with a market cap of $1.8 billion, is already (amazingly) a home run, less than a decade after it was founded, as is Athenahealth, A123's neighbor in Watertown ($1.42 billion market cap.) iRobot is still a triple, on its way to stealing home -- its market cap is about $430 million, but already it is spawning other robotics companies. EnerNOC, which helps utilities manage their customer's energy demand, is a triple with potential to get to home plate: $750 million market cap, though still a bit shy of $200 million in revenues.

We're reliable in New England when it comes to hitting singles, doubles, and triples — but weak when it comes to knocking the ball out of the park and clearing the bases.

How can we coach more entrepreneurs (and their backers) to think of themselves as power hitters, capable of home runs and grand slams?

(Photo from Wikimedia. Photo credit: Frettie.)

Andy Marcuvitz on venture capital's conviction deficit

Posted by Scott Kirsner January 25, 2010 07:35 AM


You won't find a listing for Alpond Capital on TheFunded. The investment firm also doesn't have a Web site.  Founder Andy Marcuvitz, who splits his time between Lincoln, Mass. and Newport, Rhode Island (where he owns a waterfront home on Alpond Drive), does not blog or tweet.

But Marcuvitz, who left Matrix Partners in 2004 after a successful 14-year stint with the Waltham firm, is charting his own course through the changing world of venture capital —rather than just jabbering about how the current structure of the industry can't endure (and hoping that the shake-out will only affect other investors).

I caught up with Marcuvitz on Friday, when I was working on this post about Project Concord, one of two local start-ups he has backed (and helped to found) since leaving Matrix. Both are in the digital video space.

Practicing venture capital intelligently isn't about avoiding risk, or chasing trends, Marcuvitz believes, but "taking risks in areas where you have strong convictions." There's a "gross deficit" right now, he said, of "people practicing [venture capital] with strong convictions."

When people started talking about venture capital as an "industry," Marcuvitz said, that may have signaled a fatal shift. An industry implies something that can grow and grow and grow. "Venture capital is not scalable," he told me. "As you pour more money into the pool, it doesn't create a greater number of opportunities." What it does create, though, is more firms chasing the few worthwhile opportunities, and lots of pressure to do deals at valuations that likely don't make sense.

"In 1990, when Matrix was the one firm in Boston doing communications investments, anyone in the country doing anything of interest would walk through our door," Marcuvitz said. "When I'd make an investment, I could be sure that I'd seen every potential competitor." But that dynamic had vanished by the late 1990s, "when you had a day to make up your mind about whether you wanted to invest in a start-up, or else someone else would do the deal." (One of the companies he funded at Matrix, Starent Networks, was sold last year to Cisco for $2.9 billion, two years after going public.)

With Alpond, Marcuvitz has no limited partners to answer to: it's all his own money. "My mode of operating is not to wait for things to come to me." With both ZeeVee and Project Concord, Marcuvitz said, "I've gone out and found the people and said, 'Hey, guys, how about something like this?'" 

He doesn't think of what he's doing as angel investing or even seed-stage investing. "The term sheets look similar to the way they looked when I was at Matrix, and the amounts of money are consistent with what an A round would have been at Matrix, and we operate the companies the same way."

Andrew Prihodko, the co-founder of Project Concord, told me last week that "it was an entrepreneur-friendly term sheet," and that he didn't shop the deal to other local venture firms.

Worth reading, if you want to know more about Marcuvitz, is this excerpt from Charles Ferguson's book "High Stakes, No Prisoners," which ran in Fast Company in 2007. (Ferguson was the founder of Vermeer Technologies, the early Web site creation software that became Microsoft FrontPage.) It begins:

Andy Marcuvitz is heavyset. He wears badly fitting suits. He has no discernible personality, sense of humor, or compassion. All of which are ideal traits for a venture capitalist. During 18 months of extremely intense interaction, we never had a personal conversation, I never heard him make a joke, and he rarely smiled. Indeed, a smile from Marcuvitz is not a good sign. In arguments he's relentless: His voice remains even, he never loses his temper, and he can dig in for hours. If I had known when I started Vermeer that Marcuvitz was going to be one of the most important people in my life, I would have seriously reconsidered the whole thing. And yet, he was good for me, and, in a slightly twisted way, I respect him a great deal.

Project Concord: Stealthy video start-up has raised 'several million' from Andy Marcuvitz, formerly at Matrix Partners

Posted by Scott Kirsner January 22, 2010 02:20 PM

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My project for the week was to learn a bit more about Project Concord, a stealth mode start-up that has raised several million in venture capital funding — and is not, in fact, located in Concord but in Lexington.

The company's site declares that it is developing "a new, more convenient way to experience your favorite movies and TV shows on demand, without having to reach into your wallet." 

"Our approach is radically different from anything else being contemplated in this space, and it has the potential to benefit publishers and consumers in a groundbreaking way," the site promises.

Sounds ambitious. Should iTunes and Hulu be frightened?

None of the venture capitalists or entrepreneurs I spoke with this week, all of whom have had experience with digital media, had heard of the company. Even people who had met the founders, the husband-and-wife team of Andrew Prihodko and Sharon Peyer, didn't know much about what they are up to.

Prihodko finally returned my call yesterday afternoon, and told me that Project Concord was founded in mid-2008, after he and Peyer left Waltham's NameMedia, the company that acquired their last start-up, Pixamo. (Pixamo was a photo- and video-sharing site the pair had launched while in business school; it never took venture capital funding, was acquired for an undisclosed sum, and has since been shut down by NameMedia.)

Prihodko says that while he and Peyer were hunting for funding for Pixamo, they met Andy Marcuvitz, formerly an investor at Matrix Partners in Waltham. (Joe Lassiter, a Harvard Business School prof, made the connection.) "[Marcuvitz] liked us, but he didn't burn to invest in photo or video sharing, but we kept in touch," Prihodko told me. 

Marcuvitz's Alpond Capital (the firm has no Web site) invested in Project Concord in the summer of 2008. Prihodko says he didn't really meet with other VCs. "We skipped the seed round -- it was a full-blown Series A" of several million dollars, Prihodko says. And the name Project Concord, which Prihodko describes as a placeholder? Several meetings with Marcuvitz took place in the Concord area, at restaurants like Vincenzo's. (Marcuvitz lives in nearby Lincoln.)

Prihodko isn't saying much about how the company will approach the challenge of monetizing Internet video. "A lot of companies with much larger resources are gunning for it, and we're paranoid about getting crushed or out-run by them," he says.

"The major thing we're trying to solve is how to make money off premium content, and we feel we've found a solution." He's hoping to start a beta test at some point in 2010, though he says it's contingent on how quickly the company can negotiate deals with Hollywood studios and other big content owners.

Working alongside Prihodko and Peyer at Project Concord are veterans of Endeca and ITA Software. The company is currently hiring application developers and user interface designers.

Marcuvitz wouldn't tell me how much money he has put into Project Concord, other than to confirm it's in the single-digit millions. "Where there's change, there's opportunity," he says of the digital video space. He suggested that I wait a while before writing about the company: "we've gone to great lengths to keep ourselves invisible." His other local investment is ZeeVee, a high-def video hardware company based in Littleton. Marcuvitz left Matrix Partners in 2004 after 14 years with the firm.

(It was this brief listing on the excellent start-up blog Buzz in the Hub that first brought Project Concord to my attention. Turns out that Highland Capital is not an investor.)

How do you call Kayak's mysterious red telephone?

Posted by Scott Kirsner January 21, 2010 09:25 AM

I enjoyed this "The Way I Work" piece from the February issue of Inc. Magazine, featuring Paul English, co-founder of the travel search site Kayak. In it, he talks about an old school red telephone he set up in Kayak's Concord office to take customer calls:


    About a year ago, I bought a red telephone with a really loud ringer for the office. Whenever a customer calls the help number on our website, that phone rings. The engineers initially complained about it. They said, "That's so friggin' annoying!" And I'd say, "There's a really simple solution: Answer the friggin' phone and do whatever it takes to make that customer happy. Then hang up, unplug the phone, walk it down to the other end of the office, and plug it in down there."

    It's like hot potato. Except I take it seriously. When the phone rings, I literally jump over the desks just so I can get to the phone before anyone else. I love talking to customers, even angry ones. I learn a lot from them about how to make the site easier to use. When the call's over, I'll say, "If you have any follow-up questions, my name is Paul English; I'm the co-founder of the company."

Great concept.


But here's my question: where is this "help number" on Kayak's Web site? 

Here's Kayak's feedback form (no phone number). Here's the "contact us" page, which includes a phone number for Kayak's Connecticut headquarters, but not the Concord technology office that English runs, or anything labeled a "help number."

I called the Connecticut number this morning at 9:15 AM, and the voicemail system there gives out the 978 number for Kayak's Concord office. When you dial that number, you either need to know the name or extension of the person you're trying to reach; there is no option for "getting help with the Web site." You can dial 0 for an operator. But then, you get a busy signal.

Perhaps this is a red phone that doesn't ring very much... 

(And the busy signal when you press 0 is ironic, given that English started the Web site Gethuman, which publishes tricks on how you can reach a human being at big companies like Bank of America, Amazon, and Dell tech support.)

Post a comment if you can figure out how to dial this help number...

[ UPDATE: English explains here that the phone number shows up on the site's feedback page about 30 percent of the time. ]

Highland Capital puts an end, at least temporarily, to its summer program for young entrepreneurs

Posted by Scott Kirsner January 19, 2010 06:04 PM

The Summer@Highland program, which aims to help undergrad and MBA students get a start-up off the ground, won't take place this summer, according to Michael Gaiss, senior vice president of marketing at Lexington's Highland Capital Partners. Gaiss describes the change as a "hiatus," implying that the program could return at some future date.

"The firm has got other priorities right now," Gaiss told me on Friday. "We just have a finite amount of time and energy."

For the past three summers, the venture firm has invited teams of student entrepreneurs to work out of its Massachusetts and California offices, while getting advice and guidance from Highland's partners (who include Staples founder Tom Stemberg) and the experienced entrepreneurs in the Highland network. 

Gaiss says that five of the teams managed to raise money after the program, including Affine Systems in San Francisco and Paragon Lake of Lexington, which raised money from Highland itself. Wildfire Interactive of Palo Alto raised money from Facebook's fbfund in 2008. 

"It has been a great program," says Matt Lauzon, co-founder of Paragon Lake, a customized jewelry start-up that still operates out of the office space Highland has used for the Summer@Highland program. "Everyone I've talked to has found it valuable." Without the program, Lauzon says his company probably would've moved out to Los Angeles, where his co-founder had connections in the jewelry industry. "It was that program and meeting [Highland partner] Bob Davis that kept us here," says Lauzon, who participated in Summer@Highland in 2007, its first year. (I wrote about Paragon Lake and the program back in 2008.)

Last summer, Lauzon helped mentor the latest crop of Summer@Highland participants.

In a notice posted today to Highland's site, the firm explains, "We will review the program again at the end of this calendar year for next summer and keep you updated." Last November, Highland announced it had raised its eighth venture fund (totaling $400 million), which was half the size of the fund prior.

Business Week wrote this piece about the program in 2008.

Good news: More MBA students touring Boston companies

Posted by Scott Kirsner January 19, 2010 07:45 AM

I'm a big proponent of fostering more connections between students at Boston-area schools and the companies that make up our innovation economy. Unfortunately, many MBA students tend to have an opportunity to participate in "tech treks" to Silicon Valley, while they aren't as likely to spend time with interesting businesses a few miles from campus. 

MIT's Sloan School of Management is one of the few that has consistently given students a chance to visit local companies, but Harvard Business School is joining in this year. Fifty students are participating this week in an IXP ("Immersion Experience Program") that will take them to various Boston companies and venture capital firms. 

Today, they're visiting VC firms like Flybridge Capital Partners, General Catalyst, Atlas Venture, Spark Capital, and Highland Capital Partners. Tomorrow features tech and energy companies like 1366 Technologies, C12 Energy, Visible Measures, Shoebuy, and Brightcove. 

The new tour is being organized by HBS prof Joe Lassiter, along with Shikhar Ghosh and Jeffrey Bussgang; Ghosh is an entrepreneur now serving HBS as a lecturer in entrepreneurial management, and Bussgang is an entrepreneur-in-residence at HBS who also works as a partner at Flybridge Capital. Ghosh and Bussgang worked together at OpenMarket, the pioneering 1990s-era e-commerce company. 

New book offers advice on how businesses can use Internet video

Posted by Scott Kirsner January 18, 2010 09:28 AM


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On January 1st, 2004, Steve Garfield created one of the world's first videoblogs at his Jamaica Plain home. The first video he posted? A short Quicktime clip declaring 2004 "the year of the video blog." 

Since then, Garfield has been one of the pioneers and proponents of what might be called "citizen-vérité" video for the Web: slice-of-life vignettes, talk-to-the-camera reportage, and live video streaming from conferences, without the typical "big media" sheen.

Garfield established a reputation as someone willing to help others figure out the right camera, software and services to start videoblogging on their own (usually doing it for free, sometimes as a paid consultant to companies.) Garfield became the Boston correspondent for the satirical daily news show "Rocketboom," and started making videos for Boston city councilor John Tobin, whom he dubbed "the first US elected official to vlog." ("Vlog" being the short-hand, of course, for videoblog.) At local events, he'd be the one streaming live from his cell phone, or explaining the merits of the new Flip point-and-shoot video camera. Garfield also helped convene the monthly Boston Media Makers gathering, now starting its fifth year of Sunday brunches at Doyle's Cafe.

His first book is out today, a compendium of his advice on shooting compelling video for the Web: "Get Seen: Online Video Secrets to Building Your Business." The book is part of a series about "the new rules of social media" from the publisher John Wiley and Sons that is being edited by Lexington resident David Meerman Scott, who wrote the foreword for Garfield's book.

Garfield, who earlier in his career was a radio producer on Eagle 93.7 and WFNX, has set up a social network for the book with lots of free material, including some fun videos he shot while researching it.

Here's Garfield chatting with "Late Night" host Jimmy Fallon at the Consumer Electronics Show:



Garfield will be speaking on a panel this Thursday on the future of journalism, and at the sold-out WordCamp Boston this Saturday. On February 6th, he'll be at PodCamp WesternMass, at Westfield State College.

(Disclosure: Garfield interviewed me via e-mail in the process of writing the book, and I spoke with him while working on my most recent book, so this post could be considered the worst kind of log-rolling...except that I try to cover anyone in the local innovation economy who publishes a book.)

Cambridge Innovation Center to nearly double in size with new lease

Posted by Scott Kirsner January 15, 2010 03:30 PM

trowe.jpgJust two weeks after marking its 10th anniversary last month, the Cambridge Innovation Center signed a new 10-year lease with MIT that will see it almost double in size by this summer. Founder and CEO Tim Rowe says he's adding 57,000 square feet of new space, bringing his total footprint in the building at One Broadway in Kendall Square to 122,000 square feet.

Already, CIC is the largest collection of start-up companies under one roof on the East Coast, with 240 tenants. Rowe says nearly 20 companies are on a waiting list for space in the building: "We're bursting at the seams."

As for expanding at a time when so much commercial real estate is sitting fallow, Rowe says that "people like to cluster" in spaces like CIC that bring together start-ups, mid-sized companies, and service providers like venture capital firms and attorneys. He also makes the case that when the costs of managing copiers, printers, phone systems, and Internet access are considered, the per-employee cost of being at CIC (about $1100 per person, on average) is actually more affordable than renting a traditional office on the Cambridge market.

The expansion will also see CIC expanding its co-working space, which is designed for small teams and sole proprietorships that don't need dedicated offices, or don't come in every day. Rent in the co-working area costs $250 per month. Rowe says eventually CIC may include as many as six co-working areas.

Building out the new space, as well as outfitting it with furniture and office equipment, will cost in the neighborhood of $6 million, Rowe estimates. Joe Flaherty at Colliers Meredith & Grew handled the transaction for MIT, which owns the building. Flaherty says it was the second biggest deal in the Cambridge office market for 2009 (the largest is Forrester's new office space at Alewife, at 189,000 square feet. But Flaherty notes that CIC's new lease represents a bigger expansion of its current space than Forrester's.) "In this crummy economy, they just keep growing," Flaherty says of CIC. "It's amazing."

Rowe's other project is the Venture Café, a plan to open a combination coffee shop/restaurant geared to entrepreneurs, techies, and investors. He's considering two spaces in Kendall Square, and organizing a group of potential investors. The plan is to open later in 2010. "We really want to get it right," he says, "and we're taking our time to find the right location."

(The only start-up center that's larger than CIC is located -- where else? -- in Silicon Valley. The Plug and Play Tech Center's Sunnyvale location has 150,000 square feet of space, which houses 283 companies.)

Performable raises $3 million from Charles River Ventures to help sites retain visitors

Posted by Scott Kirsner January 15, 2010 09:00 AM


How's this for bouncing back?


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A month after turning out the lights on his previous start-up, Lookery, tech entrepreneur David Cancel had started his next company, Performable. Less than a month after that, he'd raised a first round of venture capital funding of $3 million from Waltham-based Charles River Ventures. By mid-November of last year, the company had started working with alpha customers.

Performable intends to help companies hold onto more of the visitors who alight on their homepage, and ideally transform them from browsers into buyers. The company will help customers analyze which design elements, copy, colors, and layouts are most appealing to visitors. (The company was involved with setting up a site called ABtests.com last September, in part to collect information about why certain designs and layouts retain visitors better than others.)

Performable has been operating out of Cancel's Amesbury home and a nearby coffee shop so far. "I've been running this very much unlike a venture-funded startup," he writes via e-mail. "No office, no grand hiring plan, ignoring press, maniacal focus on working with customers and getting the product/market right with plenty of money in the bank to accelerate quickly once we perfect a scalable model." Helping Cancel launch the company are Elias Torres and Joshua Porter, along with four part-timers and contractors.

There are plenty of consultants who promise to help companies make their Web sites more appealing to visitors, acknowledges Izhar Armony, the Charles River partner who made the investment in Performable. "David's observation was that with enough good data about what works, he could productize some of the best practices, and put good tools in the hands of marketers, so they could do it for themselves. The effort is to simplify landing page creation and analytics, and bring a complete solution." He says Performable will rely on the software-as-a-service subscription business model.

In a recent post about Performable on his blog, Cancel writes, "We're building a service that allows you to spend your time making sure your customers have great experiences with your company, and that you can simply and effectively measure and monitor those interactions."

Armony lost money investing in Lookery (an ad targeting start-up which raised $3.15 million in total), but his firm earned a decent return when Compete, the Web site analytics service Cancel founded in 2000, was sold to a British market research firm for $75 million (plus bonus payments that may have totaled another $75 million. Compete had raised $40 million in total funding.) That investment was made by Ted Dintersmith, who is no longer an active investor at the firm.

Another site testing start-up worth watching is Demoing, from Stephen Sprinkle and Adam Raczkowski. Sprinkle tells me the company is creating a destination where Web services can test their prototypes with "early adopter users," getting feedback on things like unexpected bugs that pop up, or features that users don't quite understand. "The goal is to discover any issues, so they can be great once they're ready to launch," he says. Demoing will also help promote the sites once they launch. Sprinkle says the company started a closed beta earlier this week.

Demoing hasn't yet raised funding, but as part of the Capitalize series (which brings young entrepreneurs to venture capital firms, for a "dry run" pitch), they'll at least get a foot in the door with Bain Capital Ventures next Tuesday.

Massachusetts-bred umbrella entrepreneur prepares to jump into "Shark Tank"

Posted by Scott Kirsner January 13, 2010 07:10 AM

Alan Kaufman says that the idea for the Nubrella -- a radical reimagining of the staid old umbrella -- occurred to him as his prior business was imploding. 

In his twenties, Kaufman started The Wireless Company in Newton, selling cell phones and service plans, and advertising heavily on local radio. Later, he ran Cingular Wireless authorized re-seller stores in the Boston area and Manhattan. But his expansion to New York ended in a lawsuit and arbitration with Cingular. About the time he was acknowledging that he'd have to shut his five New York outlets, he was walking around on "a miserable, rainy, windy day, watching people struggle with their umbrellas." He drew a stick figure wearing a new type of aerodynamic umbrella that would better block the wind -- and wouldn't be blown inside out by a serious gust.

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He put the sketch into his pocket and forgot about it. But three months later, looking at it again, he thought the idea had merit. "I was entangled in the lawsuit with Cingular, and I said, 'I'm going to build this.'"

On January 29th, Kaufman, who grew up in West Peabody and attended prep school in Danvers, will present his $49 Nubrella to the investors on ABC's reality show "Shark Tank." (The show features a panel of five investors who listen to short presentations by entrepreneurs, ask tough questions, and sometimes agree to put money in after a bit of hard-nosed negotiation.) According to a short video that ABC briefly posted to its "Shark Tank" Web site, Kaufman accepted an investment from one of the sharks, FUBU Clothing founder Daymond John, but he won't talk about the specifics. 
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At new cleantech incubator, first start-up gets ready to leave the nest

Posted by Scott Kirsner January 12, 2010 07:22 AM

You've heard of incubators, which provide space for numerous young companies under one roof, with shared copiers and communal coffee. But what about a "syncubator"?

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That's the term coined by the founders of the new Clean Energy Fusion Center in Waltham: an incubator where synergies develop, since all the start-ups housed there are pursuing opportunities in related sectors, like wind power, solar panels, or smart grid software. The CEFC is managed by a group of executives who participated in last year's Clean Energy Fellowship Program with the New England Clean Energy Council, including Lorraine Wheeler, Mike O'Neill, and Doug Levin. (The fellowship program aims to give executives from other industries an immersion course in the science and business of energy.) They set up shop last August, and are holding their official opening party later this month. 

But already, the first start-up incubated in the CEFC is getting ready to leave the nest: 7Solar Technologies, which has Evergreen Solar co-founder Jack Hanoka as part of its founding team. 

(In the photo up top are Levin, previously founder of Black Duck Software; Wheeler, a founder of Actual Software and Zeemote; and Imran Qidwai, a veteran of Digital Equipment and Lotus Development.)
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Fidelity Ventures team peels off, forms Volition Capital

Posted by Scott Kirsner January 11, 2010 04:04 PM
From the Sometimes the Rumors Are Right Department...

Last May, a spokesman for Fidelity Investments told me that absolutely no changes were in the offing for its Fidelity Ventures investing arm. And in response to rumors I'd heard that Fidelity was backing off its involvement in technology venture capital, Larry Cheng of Fidelity Ventures told me that "things are fine."

Well, I assume things are even finer eight months later, as Cheng and his colleagues at Fidelity Ventures cut their ties to the mother ship, and announce the formation of a new firm, Volition Capital. Here's the official announcement from Volition.

They haven't raised their own fund yet, which will be the real test of whether the market likes the team and their focus. Unclear also is whether Fidelity will put any money into Volition's first fund -- even a token amount.

Fidelity Investment still operates Fidelity Biosciences, which invests in life sciences companies.

Little recognition for east coast tech in third annual 'Crunchie' awards

Posted by Scott Kirsner January 11, 2010 10:28 AM

Are the winners of this year's Crunchie Awards, doled out last Friday night by the blog TechCrunch, a sign that all Internet innovation happens in the San Francisco Bay area, or that TechCrunch's coverage tends to focus on that neighborhood? (Or both?)

Mark Pincus of the games start-up Zynga won CEO of the year; Facebook won for best start-up/product of 2009, with Twitter the runner-up. Google's Chrome operating system was dubbed the best technical achievement of the year, with Google Wave the runner-up.

There were a few Boston connections to be found in the list of nominees and winners -- but most of them will just depress you. Y Combinator was a runner-up in the "Best Angel" category (its twice-yearly start-up bootcamp is now held exclusively in Mountain View, and no longer in Cambridge.) Dropbox, a document storage and syncing service, won for "best Internet application." It was founded by MIT alums who went through the Y Combinator program in Cambridge back in 2007, but the company is now based in San Francisco.

And in the "Best VC Firm" category, Greylock won (Greylock is formerly a Waltham-based firm, now headquartered in Menlo Park, with a few investing partners who still work out of the Bay State). Charles River Ventures, a Waltham firm that also operates out of Menlo Park, was a nominee in that category.

What do you make of the winners and nominees?

How to not get a job: Bonus material from today's column

Posted by Scott Kirsner January 10, 2010 07:08 AM

I spent the past week collecting advice on how not to get hired: what qualified candidates sometimes do that nixes their chances of landing a gig.

And I got way too much good advice to cram into the column in today’s paper.

So I’m collecting ten of my favorite “bonus tips” here, as well as publishing two e-mails directly from the sources: one is from the executive recruiting firm BSG Team Ventures, and the other is from the vice president of human resources at Boston-based CSN Stores.

Ten more things you can do to lose out on that big opportunity:

1. Show up late for an interview, or exceedingly early. “Ten minutes before the interview is probably better than 20 minutes before it,” says Jim French of Hill Holiday. “People don’t have time to entertain you, and showing up too early can be just as aggravating as showing up late.”

2. Don’t look hard for someone in your network who can put in a good word for you. “Getting someone else to provide color commentary on your strengths and skills is extremely helpful, for us and for you,” says Brian Shin of Visible Measures. Using LinkedIn can supply connections you might not know about, says Kristina Shedd of Sapient. Participating in trade groups and professional organizations can help broaden your network, notes Michelle Gordon-Seemore of Children’s Hospital Boston.

3. Don’t admit to ever having encountered a challenge or problem in your work career. “If you can’t tell me about a situation where something went wrong, you usually don’t go further in the process,” says Pamela McNamara at Cambridge Consultants.

4. Make a chauvinistic or culturally insensitive remark. McNamara says it sometimes happens.

5. Accept an interview for one job, and try to negotiate yourself into something with a different title, more seniority, or a higher salary. “The impression you get is, ‘I don’t want this job, but I’d like to have that job,’” says Jeff Anderson of Quick Hit. Usually, you won’t get any job.

6. Stifle your personality. “Most managers want someone who’s innovative, excited, a team player,” says Maria Harris at Rockland Trust. “Your personality needs to come out, because they’re looking to see if you’ll be a good fit with their department.”

7. Conduct a phone interview while you’re distracted. “If you’re at the grocery store, or your children are screaming in the background, or you’re not prepared, ask if you can do the interview at another time,” Harris says. “You want to be in a quiet place. The recruiter will appreciate it, too.”

8. Repeat the same example of an accomplishment you’re proud of over and over. “Come to the interview with a whole bunch of different examples, from different jobs,” says Debbie Mitchell at Feeley & Driscoll. Otherwise, you'll sound like a one-trick pony.

9. Assume people know the companies you’ve worked for. “If you’ve worked for companies that aren’t household names, a little one-sentence explanation on your résumé of what the company does, or how big it is, is helpful to us,” says Christine Lahey at Liberty Mutual.

10. Spelling always matters. “We got a thank-you note recently from someone who was a candidate for a very senior position,” Lahey says. “It was full of misspellings and grammatical errors.” Despite getting points for politeness, the candidate didn’t get the job.

Mom and Dad, what did you do during the cultural revolution?

Posted by Scott Kirsner January 8, 2010 11:00 AM

Let's talk about early 1775. 

If you were living in eastern Massachusetts then, it wasn't clear that a revolution was on the way. Most citizens weren't yet convinced that a split from Britain was inevitable, and there were plenty of loyalists who wanted to preserve the status quo. The few fighters who confronted the British in the spring of 1775 were volunteer members of militia. There wasn't an army until the middle of that year. It was in Cambridge Common, just outside of Harvard Square, that George Washington took command of it on July 3, 1775.

Today, we've got the equivalent of a small militia trying to make a cultural revolution happen. Most people who work in the innovation ecosystem are fine with the way things are (as long as they have a job, or aren't trying to launch a company.) The majority would prefer to complain about what bugs them, or describe the things that are wrong with the current culture (insular, risk-averse, too enterprise-focused, not open enough to students and first-time founders) rather than actually doing anything to change it.

Others have envisioned a new culture, and are bringing it to life in little pockets here and there. Game developers gather once a month in Waltham for Boston Post-Mortem; those working on mobile apps go to Mobile Monday; young entrepreneurs participate in the weekly DartBoston gathering and Capitalize, which brings them into the boardrooms of local venture capital firms.

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Just about everyone interested in start-ups goes to the Web Innovator's Group gatherings at the Royal Sonesta in Cambridge -- which may soon need to move to the Boston Garden. Programs like TechStars Boston and the Venture Development Center at UMass Boston create a supportive culture for fledgling companies.

Gus Weber of Microsoft hosted a small band of these cultural revolutionaries at a dinner meeting this past Wednesday in Kendall Square (only two stops on the Red Line from where Washington took command of the Continental Army, I might add). I did my best to facilitate the conversation. It was messy, but we tried to focus on the things we might do to turn a few very lively campfires into an all-out innovation conflagration. 

Here are some of the topics we discussed. I'd love to hear your thoughts. (In the picture above are HubSpot CEO Brian Halligan, who is working on some interesting initiatives to promote Boston as a center of new marketing thought, and Joost Bonsen, a super-connector at MIT who also hosts the television show "High Tech Fever.")

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$16.5 million more for MicroCHIPS, to get trials started for its implantable device

Posted by Scott Kirsner January 7, 2010 09:00 AM

Investors are handing another $16.5 million to MicroCHIPS, the Bedford-based start-up that has spent over a decade developing a new kind of implantable medical device capable of delivering drugs inside the body or sensing changing disease states. InterWest Partners is a new participant in this round, joining local firms Polaris Venture Partners, Flybridge Capital Partners, and corporate investors like Novartis and Medtronic.

This round, designated as the C round, brings the company's total funding to "just over $70 million," according to founder and CEO John Santini. It closed in October, Santini says, but the company is just announcing it today. "What can I say? We've been busy," he quips.

Since the company spun out of an MIT lab in 1999, MicroCHIPS has been chasing a futuristic vision: use implanted chips to dispense drugs over time, or expose sensors to the body's chemistry -- and allow doctors or patients to monitor and control the chips wirelessly.

The new funding will help support clinical trials -- the company's first in human patients -- in diabetes and osteoporosis. 

Santini also tells me that some of the money MicroCHIPS has raised is going toward a joint venture: a new company it created in collaboration with InterWest called On Demand Therapeutics, based in the San Francisco Bay area and led by Naveed Shams, a former executive at Genentech and OPKO Health. The ultra-stealthy On Demand, which will focus on delivering drugs to the eye, was formed last year but doesn't have its own Web site yet. (Here's an SEC filing that mentions the company, though.)

I spoke with Santini earlier this week about the funding and the company's 2010 plans.

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New book from Yankee Group chief exec Emily Green

Posted by Scott Kirsner January 6, 2010 09:54 AM
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In 1999, when sharp-tongued soothsayer Howard Anderson departed Yankee Group, the Boston research firm began receding into irrelevance. Anderson had sold Yankee to a publicly-traded company in 1996, and he started to focus more on early-stage investing with his new firm YankeeTek Ventures. 

Yankee wasn't much of a player in the tech forecasting field when it was sold again in 2005, to the Boston private equity firm Alta Communications. Helping to lead that acquisition was Emily Nagle Green, a former executive at Forrester Research and former CEO of Cambridge Energy Research Associates. (CERA was the firm founded by noted oil guru Daniel Yergin; Forrester was founded by George Colony, a one-time employee of Anderson's at Yankee Group.)

As CEO, Green applied the defibrillator paddles to Yankee when she arrived in 2005. She got the analysts blogging, and focused the firm on the idea of "anywhere" connectivity. Instead of looking at technology through the lenses of software, services, data center gear, or telecom switches, Green pushed Yankee to envision a world where just about all consumers, businesspeople, and devices are constantly connected -- and talk about the ways companies today are (and aren't) moving successfully toward that world.

Locally, Green has made a big imprint on the tech community, bringing fresh ideas to the board of directors at MITX, and taking a leadership role with the state's well-intentioned  Innovate MassTech initiative.


Not bad publication timing: the Consumer Electronic Show is happening in Vegas this week... Google just unveiled its first mobile phone... and Apple is expected to announce a tablet computer. 
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about the blogger

About Scott Kirsner Scott Kirsner was part of the team that launched Boston.com in 1995, and has been writing a column for the Globe since 2000. His work has also appeared in Wired, Fast Company, The New York Times, BusinessWeek, Newsweek, and Variety. Scott is also the author of the books "Fans, Friends & Followers" and "Inventing the Movies," was the editor of "The Convergence Guide: Life Sciences in New England," and was a contributor to "The Good City: Writers Explore 21st Century Boston." Scott also helps organize several local events on entrepreneurship, including the Nantucket Conference and Future Forward. Here's some background on how Scott decides what to cover, and how to pitch him a story idea.

Events

February 6: Dynamic Women in Business
Student-organized gathering at Harvard Business School.

February 11: Game companies and the VCs that fund them
Free evening panel (and game demos) at Microsoft NERD in Cambridge.

March 5-6: MIT Energy Conference
Student-run conference will explore electric vehicle technology, China's role, and U.S. policies.

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