Redfin employees see pink in 20 percent layoff

Online real estate service Redfin Corp. slashed its staff by 20 percent yesterday in order to stay afloat during the economic downturn — despite strong revenue and $21 million in VC backing from Draper Fisher Jurvetson, Madrona Venture Group, Vulcan Capital, BEV Capital and the… Continue Reading

Microsoft acquires DATAllegro data warehouse appliance company

Microsoft acquires DATAllegro data warehouse appliance company

Microsoft has acquired data warehouse appliance maker DATAllegro in an attempt to strengthen its presence in the enterprise business intelligence market.

DATAllegro specializes in large-volume, high-performance data warehouse appliances with anywhere from 1 terabyte of data to hundreds of terabytes. Microsoft said the addition of DATAllegro… Continue Reading

Life sciences briefing: Thursday, Dec. 20, 2007

Life sciences briefing: Thursday, Dec. 20, 2007

TODAY’S HEADLINES:

Acorn Cardio raises $22M for heart-failure device (bizjournals.com)
Agile Therapeutics raises $5.6M for women’s health (release)
Polyheal draws $1M for wound healing (Globes)
MatrixBio receives seed funding for cancer diagnostics (release)
Pacira Pharma names David Stack as CEO (release)
VivoMetrics appoints Howard Baker as CEO (release)

Acorn Cardio raises $22M… Continue Reading