Congratulations to Claremont Creek portfolio company Natera on closing a $54.6 million financing round. Given Claremont Creek Venture’s involvement since the company’s earliest round of financing, we know Natera is on its way to dominating the market for noninvasive, prenatal genetic testing. The financing is just the latest recent milestone for the company. In February it announced a major agreement with Quest Diagnostics, the world’s leading diagnostic information . . .
→ Read full post: Congratulations to Natera on Completing $54.6 Million Financing to Support Expansion
Randy Hawks, Managing Director
Claremont Creek Ventures is proud of the recent success of our eCommerce/payment portfolio company, SmartZip. During the first quarter of 2013, SmartZip’s SmartTargeting solution for real estate professionals achieved a 300% revenue increase over the same quarter just one year ago. In this current real estate climate, these results are impressive to say the least.
SmartZip’s national platform of real estate big data and . . .
→ Read full post: SmartZip’s Predictive Marketing platform achieves 300% annual growth
April 8, 2013 source: This article was originally published on PEHub
Many VCs have pulled back from funding energy technologies and cleantech startups, and have been replaced by corporate venture capitalists. Entrepreneurs and traditional VCs alike are finding opportunities where corporate partners provide a critical ingredient that substantially increases their likelihood of success.
During the past three years, players such as General Motors, BMW, and Shell have been among the 182 companies . . .
→ Read full post: Cleantech Startup Investing Out of Favor? Not So for Corporate Investors
EcoFactor and Sentilla just won the Greentech Media Research’s 2013 Smart Grid Innovation award. These awards, which were unveiled as part of the research firm’s newly released The Networked Grid 150 vendor ecosysystem report, recognize best-in-class products and services in the smart grid market.
Hearty congratulations to the teams at EcoFactor and Sentilla.
EcoFactor ’s energy management services provide utilities . . .
→ Read full post: Congratulations to EcoFactor and Sentilla, winners of GTM Research’s Smart Grid Innovation award
The human genome evolved for us as Paleolithic cavemen, arming us to cope with leopards, communicable diseases, infections, parasites and starvation. But modern society has succeeded in taming most of those risks, and now, ironically, our biggest health challenges are largely a byproduct of our success. As we extend our lifespan, cancer and cardiac disease increase in incidence. We confront an epidemic of diabetes and obesity related diseases largely caused by overconsumption and inactivity. Our genome never evolved to benefit obese 70 year olds. Cavemen didn’t typically live past 40 and didn’t drink high-fructose corn syrup in Big Gulps. . . .
→ Read full post: The Golden Age of Healthcare Investing is Now
Congratulations to Natera—our portfolio company who is the leading innovator in prenatal genetic testing! Yesterday they announced a major deal with Quest Diagnostics (NYSE: DGX), the world’s leading diagnostic information services company. Quest Diagnostics will offer physicians access to Panorama™, the new non-invasive prenatal test developed by Natera. (Read the Quest Press Release)
Panorama uses free-floating fetal DNA in circulating maternal blood to screen for chromosomal abnormalities associated with . . .
→ Read full post: Congratulations: Quest Diagnostics to offer access to Natera’s Panorama, non-invasive prenatal test
February 20, 2013 source: the original post by Ed Silverman appeared in Pharmalot
As drug development and diagnostics increasingly converge, the advent of personalized medicine is increasing all the time. Of course, we are not quite there yet, but the advent of electronic medical records and the genome are inching us closer all the time. But this poses challenges, of course, and Ted Driscoll, who heads the digital healthcare team at Claremont . . .
→ Read full post: Ted Driscoll featured in Pharmalot, Op-Ed: Entering The Golden Age Of Big Data
January 17, 2013 source: VentureBeat
Ashley Halligan, an analyst at Austin, Texas-based Software Advice — recently published an article on VentureBeat in December outlining the growing trend in VC-funded digital cleantech–shifting from typical hardware-based investing.
The article draws attention to interesting statistics including: there’s almost five million commercial facilities in the U.S. They account for nearly half of domestic energy consumption–but only five percent of the market has . . .
→ Read full post: VentureBeat article on Energy Management sector, a key market for Claremont Creek investments
January 5, 2013 source: GigaOm
GigaOm’s article 13 energy data startups to watch in 2013 includes one of our portfolio companies, EcoFactor. GigaOm said, “Data analytics took the energy sector by storm in 2012, and a bunch of companies launched, raised funding and grew their businesses last year. Here’s 13 energy data startups you should watch in 2013.”
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→ Read full post: Congratulations to EcoFactor who is one of GigaOm’s energy data startups to watch in 2013
December 10, 2012 source: The Economist
It’s the holiday season and this year, 4G smartphones and tablets are the gifts most desired under the Christmas tree. But buying that new iPhone or Android could have its consequences. As mobile-phone technology advances by the minute, holding on to yesterday’s popular cell phone make and model becomes passé, and unfortunately, more likely than not, that “old” cell ends up in the dump. Market-research firm . . .
→ Read full post: Trading Devices for Dollars In The News: ecoATM in The Economist