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PDX consumer tech and design

July 25, 2014 ~ 03:14:58 PM * +00:00ST | and yes, this site is designed to be retro


Cancer research company Immune Design raises $60M in IPO

Post # 3693 by Beau Buck on July 25th, 2014 ~ 12:23:17 PM
Posted as Ad Hoc | No Comments »

immunedesign11Trading on the NASDAQ under the ticker IMDZ, Seattle biotech company Immune Design today priced its initial public offering at $12 per share and raised $60 million.

The company, which is working on novel technologies that activate the body’s immune system to fight cancer, had previously set its IPO range at $12 to $14 per share with a maximum offering price at $74.8 million. Its stock rose to $12.81 on Thursday, but fell back down to $12.05 by the closing bell. It decreased slightly in after hours trading to $12.03 per share.

Led by CEO Carlos Paya, the former president of Elan, Immune Design reported a net loss of $16 million last year, and has reported an accumulated deficit of $64.8 million since it was founded. The company said it anticipates losses for the foreseeable future.

Immune Design has raised nearly $100 million in venture funding, including $49 million last year. Its backers include The Column Group, Topspin Partners, Alta Partners, Versant Ventures, Osage Partners and ProQuest Investment.

Immune Design is the second Seattle-area company to complete an IPO in the past 30 days, following in the footsteps of pet insurance company Trupanion.

Article source: http://feedproxy.google.com/~r/geekwire/~3/y1NYUDjb4XU/


Code for Portland July Hack Night

Post # 3692 by Beau Buck on July 24th, 2014 ~ 06:22:23 PM
Posted as Events | No Comments »

Time for another Code for Portland hack night! Join us to work on civic hacking projects for a better Portland! Bring projects, ideas, laptops, data, and friends.

Schedule:

Optional Happy Hour for stragglers after everything’s wrapped up.

Please RSVP on meetup so that we know how much pizza we’ll need!

http://www.meetup.com/Code-for-Portland/events/193530482/

Civic Heroes of all types welcome! This event is for coders and non-coders alike — as long as you’re interested in making government more transparent and building interesting things for our city, you’re more than welcome!

Bring a laptop if you intend on getting some hands-on hacking done (it’s ok if you can’t but it definitely helps to have one).

There will be pizza! We’ll be getting some ‘za from Sizzle Pie, so there will be vegan and vegetarian options.

Active Projects: