High Technology News and Information for the Pacific Northwest Region
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High Technology News and Information for the Pacific Northwest Region |
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 Monday, November 16, 2009 Trubion Pharmaceuticals Shakes Up Execs Seattle-based Trubion Pharmaceuticals is in the midst of an executive shakeup, saying Monday that Peter Thompson, the firm's Co-founder, President, CEO, and Chairman, has retired to "pursue other interests." The firm said that Steven Gillis of ARCH Venture Partners, and a director on the firm's board, is now Executive Chairman of the Board and Acting President. The firm also said that Michael Burris, formerly SVP and CFO, will become Chief Operating Officer, with John Bencich, Senior Dire (More info...) posted on Monday, November 16, 2009(Full story) Cray Jaguar Fastest Supercomputer Seattle-based Cray said Monday that the firm's Cray XT5 supercomputer--nicknamed "Jaguar"--installed at the Department of Energy's Oak Ridge National Laboratory, has been named the world's fastest supercomputer. Cray said the recognition came from the Top 500 list, which lists and ranks the top 500 supercomputer sites in the world on a monthly basis. Cray's XT5 provides more than two petaflops of compute power, and has more than 224,000 compute cores. posted on Monday, November 16, 2009(Full story) Verdiem Wins Pittsburgh Medical Center Seattle-based Verdiem has added another customer for the firm's enterprise power management software, SURVEYOR, the firm said Monday afternoon. Verdiem said that the University of Pittsburgh Medical Center is deploying the firm's product on more than 30,000 PCs, in an effort to reduce PC power consumption. Verdiem said it estimates more than $1M in annual energy savings from the deployment. Financial impact of the win was not disclosed. Verdiem said the win came as part of a partnership w (More info...) posted on Monday, November 16, 2009(Full story) Amazon Enhances Packaging Improvement Effort Seattle-based Amazon.com is enhancing its Frustration-Free Packaging program, the company's effort to improve packaging by its vendors, saying this morning that it has introduced a new certification program for those vendors. The firm said its Frustration-Free Packaging Certification Program makes it easier for its vendors to participate in the program, through free submission to its own certification lab. Amazon said it has a "simple, efficient" proces (More info...) posted on Monday, November 16, 2009(Full story) DocuSign Gets Investment Seattle-based DocuSign, a developer of electronic signature software, said today that it has scored a strategic investment from Second Century Ventures. Amount of the investment was not disclosed. Second Century Investors is the venture capital fund of the National Association of REALTORS. Dale A. Stinton, the National Assocation of REALTORS CEO, has joined DocuSign's board along with the funding. DocuSign has previously raised funding from Frazier Technology Ventures, Ignition Partners, (More info...) posted on Monday, November 16, 2009 (More)(Full story) OVP Leads $30M Investment in Stem Cell Firm OVP Venture Partners has led a $30M investment in a San Diego, California firm focused on stem cell therapy, according to Fate Therapeutics. Fate said that OVP Venture Partners led the firm's latest, Series B funding round, and will be adding Carl Weissman to its board. Fate Therpauetics is developing stem cell treatments, including treatments for leukemia and lymphona. Participating in the funding with OVP was Astellas Venture Management, Genzyme Ventures, and an un-named corporate inves (More info...) posted on Monday, November 16, 2009(Full story) Avnera Raises $8M Beaverton, Oregon-based Avnera, a developer of wireless semiconductors, has raised $8M in a financing deal, according to a regulatory filing by the firm last week. No details on the funding have been announced by the company. The filing indicates the company is raising $10M in a equity funding round. Avnera's chips are used for wireless audio and voice-over-IP. The firm is venture backed by Altien Ventures, Bessemer Venture Partners, Best Buy, DAG Ventures, Intel Capital, JAFCO Ventures, (More info...) posted on Monday, November 16, 2009(Full story) Jive Signs Economics Organization Portland-based Jive Software has snagged another customer of its business social networking software, the firm said today, the Organisation for Economic Co-Operation and Development (OECD). Jive said that the OEDC is piloting the use of Jive. Size of the deal was not disclosed. Jive said that the OECD is using Jive to outreach and deepend engagement with its external partners. posted on Monday, November 16, 2009(Full story) |
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