T-Mobile's churn; SignaCert's $8 million; Headline of the day; etc. |
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Mass High Tech
T-Mobile's churn; SignaCert's $8 million; Headline of the day; etc.
Bellevue-based T-Mobile USA may be going after customers with weak credit histories, a move that Dow Jones reports could be used to boost subscribers among younger mobile phone users but also could lead to higher customer churn down the road.
OVP's Rick Lefaivre, Apptio's Sunny Gupta, Energ2's Rick Luebbe and Madrona's Matt McIlwain are featured in a story from Fortune Small Business titled "10 Steps to Catch VC." McIlwain said entrepreneurs need to embrace failure, noting that: "If you've never failed, I tend to feel you weren't sufficiently pushing the innovation envelope."
Portland-based SignaCert said it has raised $8.8 million in a second round of funding to continue developing security systems software. Total funding in the company now stands at $17 million, with investors Intel Capital, SmartForest Ventures and In-Q-Tel participating in the round.
Struggling Seattle biotech Targeted Genetics said it has received a letter from the Nasdaq that it does not meet the exchange’s minimum requirement for shareholders’ equity.
Seattle super computer maker Cray Inc. said it has hired John "Skip" Richardson as vice president of business development for the company's custom engineering team. He most recently served as vice president of corporate business development at Sarnoff, a subsidiary of SRI International.
Headline of the day comes via VentureBeat: "New bill may give president ability to shut down Internet."
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