SpinVox raises whopping $100M+ for voicemail to text conversion
SpinVox, a London company that converts your voicemail into text, has raised more than $100 million to expand quickly by signing deals with large telecom carriers around the world — an apparent land-grab.
The amount of cash is significant, and a sign that SpinVox wants to sign up carriers before competitors such as Nuance or other emerging players, such as Jott or Simulscribe get there first.
Its SpinVox’s third round of capital, and investors include GLG Partners,… Continue Reading
Amgen snaps up another biotech startup, Alantos Pharma, for $300M
Amgen suddenly has a voracious appetite for startups. In its second deal this week, the biotech giant acquired Cambridge, Mass., biotech Alantos Pharmaceuticals for $300 million in cash. (The release is here.)
Founded in Heidelberg, Germany in 1999, Alantos changed its name from Therascope in 2003 and moved to Cambridge in 2004. The company develops traditional “small molecule” drugs — that is, therapies that can be delivered as pills rather than shots — for a… Continue Reading