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MOD Systems Inks $6M Series B, Surviving Controversy Surrounding Indictment of Co-Founder Mark Phillips

Thea Chard 9/3/10

Seattle-based MOD Systems, a developer of digital-media delivery systems, has had a rocky couple of years, but now it has found a new lifeline in the form of a $6 million investment.

The company, which develops technologies that allow consumers to purchase digital movies, TV shows, and music, and load them onto SD cards portably through touch-screen kiosks, raised an impressive $35 million Series A in September 2008, led by Toshiba, NCR, Deluxe Entertainment Services, and private investors. But the company drew less glowing attention after its co-founder and then CEO Mark E. Phillips was sued by an investor for fraud, embezzlement, misrepresentation, and breach of fiduciary duty in February 2009.

However, despite the public and drawn-out case—resulting in... Read more »

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The Leaning Tower of Ping: How iTunes Could Be Apple’s Undoing

With each new product that Apple announces, including the revamped Apple TV and the new Ping social network, Steve Jobs reveals a little bit more of his plan to dominate the media universe. But I can... Read more »

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cleantech, Energy efficiency, Economic Development

Buildings that Act Like Guinea Pigs for Energy Efficiency: The Puget Sound Regional Council Plan for Green Jobs

Thea Chard 9/2/10

Everyone is looking for the next big thing during an economic downturn, whether it be individuals searching for ways to reinvent their careers after lags and layoffs, or whole regions needing to rebuild their economies.

This... Read more »

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National
digital media, Entertainment, Software

Apple Vs. Amazon Battle Continues: Adventures in TV Land

Gregory T. Huang 9/2/10

[Corrected, 11:00 am. See below] First it was the iPad vs. the Kindle. Now the battleground is shifting to television.

Apple keeps rolling out new devices to control how consumers interact with screens... Read more »

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National
policy, Leadership, people

U.S. Innovation and Entrepreneurship Council Quietly Holds First Meeting in DC, Starting with Steve Case-Hosted Dinner

Gregory T. Huang 9/2/10

It’s a big day for U.S. innovation strategy. The National Advisory Council on Innovation and Entrepreneurship is holding its first official meeting at the Department of Commerce in Washington, DC, today—and Xconomy has some exclusive details.... Read more »

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National
IT, Life Sciences, energy

Innovators in Boston, San Diego, San Francisco, Northwest Top World Economic Forum’s List of Technology Pioneers

Wade Roush 9/1/10

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National
Technology, innovation, Analysis

Party Like It’s 1999: 10 Old Tech Ideas That Are New Again

Gregory T. Huang 9/1/10

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San Francisco
IT, social media, google

SocialDeck is Latest Ingredient in Google’s Recipe For A Social Platform to Rival Facebook; Reviewing the List, From Aardvark to Zynga

Wade Roush 8/31/10

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deals, Software, startups

Apptio Nabs $16.5M Series C, While Series A and B Funds Collect Interest in the Bank

Thea Chard 8/31/10

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deals, Roundup, startups

Bing Powers Yahoo Search, City Teams Up With Ford, Startup Investments Drop from June to July, and More Seattle-Area Deals News

Thea Chard 8/31/10

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Xconomist Forum - Insight & Opinion

National
innovation, Competitiveness, Government

The Innovation Imperative: How Corporations and Nations Can Survive the Tsunami of Global Competition and Thrive

Ken Morse 9/3/10

Government leaders in Europe and North America are seeking to formulate enlightened, effective policies to create the necessary ecosystems and help their corporations respond to threats of loss of markets at... Read more »

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Biotech, Drugs, startups

The Feds Need to Start Supporting Early-Stage Drug Development

Shawn Iadonato 9/2/10

The U.S. Congress is on track to fund a pivotal element of healthcare reform, a $50 million dollar down payment on the $500 million dollar Cures Acceleration Network (CAN) initiative. This... Read more »

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San Francisco
Life Sciences, VC, Stem Cells

Will the Stem Cell Ruling Affect Venture Capital Investing?

Brad Webb 9/1/10

Last week’s federal district court ruling ordering an immediate halt in federal funding for stem cell research has thrown academic research circles into a state of confusion. This has caught the... Read more »

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