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January 5 — 01:51 PM

Xobni scores $7 million from Cisco; Where's Microsoft?

San Francisco-based Xobni, the email startup co-founded by ex-Expedia employee Adam Smith, has pulled in $7 million in venture financing from Cisco Systems, Khosla Ventures, First Round Capital, Baseline Ventures and Atomico. Maker of an Outlook plug-in which helps people organize email, Xobni was dubbed the "next generation of social networking" by Bill Gates in a keynote talk last...

January 5 — 12:24 PM

Fundability Matrix

So, I was at an event a few weeks ago, scribbling away on big paper to keep from gouging my eyes out (short attention span). Came up with this “fundability matrix” to visually demonstrate how investors think, and how they tend to classify 4 main types of entrepreneurs. (By the way, this isn’t the verbiage they [...]

January 5 — 11:10 AM

TechFlash big bash: January 22

We're excited to kick off the official launch of TechFlash as well as our quarterly speaker series January 22 at the Palace Ballroom in downtown Seattle. It's going to be a fun party, one you are not going to want to miss. We've got some cool giveaways in the hopper and are lining up speakers and mystery guests. Of course, there will be great food, drink and -- based on some of the early sign...

January 5 — 10:29 AM

Northstar Neuroscience to dissolve, return cash to investors

The Seattle life science community continues to take a drubbing. The latest blow came today with news that medical device maker Northstar Neuroscience -- a publicly-traded company that had raised $112 million in its IPO -- plans to liquidate assets and dissolve. The company has been in trouble for months. In July, the money-losing company announced that it would be shutting down...

January 5 — 10:08 AM

FEI Buys Intellection for $2.8M

Hillsboro, OR-based FEI (NASDAQ: FEIC), a maker of nanotech imaging tools, announced today it has acquired the assets of Intellection Holdings, a Brisbane, Australia-based firm that makes automated mineralogy equipment. The deal was worth $2.8 million, and seems to strengthen FEI’s position in global mining applications.

January 5 — 09:47 AM

Seattle IPhone Developers Group Meeting

Image via CrunchBaseIf you are in Seattle and interested in Developing for the IPhone, or are currently developing for the IPhone you might want to check out the Seattle IPhone Developers Group. Their next meeting is the 7th of January 2009, and their Google Groups is right here. Currently there are a number of Seattle [...]

January 5 — 09:46 AM

Obama to name chief geek

For months, techies from across the country have wondered who President-elect Barack Obama will choose as the country's first chief technology officer. Well, the wait appears to be over. BBC News  reports that an announcement is set for Wednesday, which pretty much rules out Microsoft Chief Executive Steve Ballmer since he is expected to be on the stage at the Consumer Electronics Show in...

January 5 — 09:18 AM

Amazon to serve up video on demand via Roku Netflix box

Amazon.com is harnessing its Video on Demand service to a device known as the Roku box.The online retailer announced today that it will soon begin offering 40,000 movies and television shows on Roku's $99 digital video player, which currently offers Netflix video on demand.It's an interesting move for Amazon's Video on Demand service, which was formerly known as Amazon Unbox.Netflix, which has...

January 5 — 09:10 AM

Northstar Neuroscience Shuts Down, Ending Experimental Depression Trial

Northstar Neuroscience is toast. The Seattle-based medical device company, which failed to develop an electrical stimulation machine that would enable stroke patients to regain arm movement, said today its board has decided to shut down the company and liquidate its assets. The company (NASDAQ: NSTR) will lay off most of its remaining employees as it goes [...]

January 5 — 09:07 AM

End of Year Top 10 Lists

Last month The Nielsen Company released a year-end look at the most popular trends among Americans during 2008. Included in the release are consumer spending trends across Television, Internet, Movies, DVDs, Music, Mobile, Books and Video Games. The Top Tens show year-to-date results for each media and consumer related category measured by The Nielsen Company. You can access the complete report...

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