Roundup: Layoffs at Sitoa, GrandCentral gets knocked offline, and more

Roundup: Layoffs at Sitoa, GrandCentral gets knocked offline, and more

Here’s the latest action:

Big layoffs at Sitoa? — San Mateo-based Sitoa has laid off approximately 40 out of 70 employees in order to get to breakeven, we’ve heard from a source. The company has tens of millions in revenues, but fees are only 10% so the… Continue Reading

Life-science briefing: Wednesday, April 9, 2008

Life-science briefing: Wednesday, April 9, 2008

TODAY’S HEADLINES:

Stemline Therapeutics, cancer stem-cell startup, gets $13M (release)
Eye-disease biotech Potentia Pharma raises $12M (release)
Sample-prep toolmaker Arcxis aims for $8M to $10M (VentureWire)
Synvascular names Drew Hoffman as CEO (VentureWire)
ArtusLabs gets $2.6M for life-science software and services (release)
Cancer-drug maker Inotek loses CEO, Genentech partnership (release)
GTESS, health-plan… Continue Reading