Rumor: TalkShoe closing in on $5M round
A source tells us that online community calling and podcasting site TalkShoe is in talks on a round of funding. The total is said to be $5 million and would likely come from Third Security, a Virginia-based private equity and venture capital firm.
The service hosted over 47,000 community calls last year, connecting 259,000 people, and had over 7.5 million downloads. In February the company announced its intention to become the go-to service for voice services… Continue Reading
Cell imager and manipulator Cyntellect collects $15.1M
San Diego’s Cyntellect, a laboratory equipment maker focused on tools that image and manipulate living cells, raised $15.1 million in a fourth funding round. The company’s technology, which it says is based upon principles from the semiconductor industry, uses lasers to capture fluorescent cell images, to eliminate unwanted cell types, and to “optoinject” proteins, peptides and nucleic acids into cells.
The round was led by Third Security and joined by an unidentified existing Cyntellect investor. The… Continue Reading
Intrexon picks up $25M for gene therapy
Intrexon, a Blackburg, Va., developer of engineered gene therapies it calls “transcriptional therapeutics,” raised $25 million in a third round of financing provided by Third Security. Earlier funding rounds were provided by Third Security and NewVa Capital Partners.
Intrexon is at work on drugs based on stretches of DNA that can integrate themselves into the genomes of individual cells and begin to function like native genes. These newly installed genes could be turned on or off… Continue Reading