Roundup: Qliance, Bruce Carter, Intelius, AdReady and more |
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Qliance Medical, which operates insurance-free medical clinics in Seattle and Kent and plans to open another facility in Mercer Island in January, has named Ona Karasa to the position of chief operating officer. The 49-year-old executive previously served as president of the Atlas Division at aQuantive, which was initially backed by Second Avenue Partners co-founder Nick Hanauer. Qliance has raised $7.5 million in venture funding from Second Avenue, New Atlantic Ventures and others, with plans to expand to other states. Before aQuantive, she served as general manager and executive vice president at msnbc.com.
The controversial online marketing tactics of Intelius continue to come under fire, with Seattle Weekly offering the perspective from a former customer service representative at the company in a report today.
And speaking of Intelius, The Financial Times has a good read on the company's future IPO plans. The story quotes Ryan Jacob of the Jacob Internet fund, who says of Intelius founder Naveen Jain: “Many investors looking at his history would be very careful.”
Seddigh
Light Sciences Oncology has named Akbar Seddigh -- a director at medical device company Elekta -- to its board. The appointment follows news earlier this month that Light Sciences Oncology -- a Bellevue company developing treatments for cancer -- had raised $35 million.
Google is pushing deeper into the online display advertising category with the purchase of San Mateo, Calif.-based Teracent, a move that should be of interest to Seattle-based AdReady which also operates in the space. Teracent's technology allows advertisers to customize their display ad campaigns by highlighting various pricing, colors, products and more, according to MediaWeek.
Smilebox -- the online greeting card and photography service -- said that customers can now print and pick up their custom holiday cards and other Smilebox creations at any Walmart and Sam's Club store in the U.S. The deal follows Smilebox's recent purchase of Preclick, which pioneered the in-store printing technology. The Redmond startup -- led by former RealNetworks exec Andrew Wright -- also said that it has expanded a relationship with the Hallmark to create DVD Greeting and Digital Scrapbook products with Hallmark's Gold Crown stores.
Former ZymoGenetics CEO Bruce Carter has taken a more active role at Seattle startup Immune Design, with the biotech executive telling Xconomy that his may job will be to raise "money, money and more money." The company -- which is developing vaccines for infectious diseases -- raised $18 million last year.
Naverus, a Kent-based company that develops navigation systems, has been acquired by GE Aviation in a deal of undisclosed size. The 60-person company was founded in 2003 by Steve Fulton and Hal Anderson -- pilots at Alaska Airlines -- as well as high-tech entrepreneur and former Coinstar CEO Dan Gerrity. The Naverus technology helps airlines reduce flight times, carbon emissions and community noise during takeoffs and landings. The company raised $4 million in venture funding earlier this year.
JPMorgan Chase & Co., R2 Investment LDC and other lenders and stockholders of Charter Communications are trying to block the company's exit from Chapter 11 bankruptcy plan, with the St. Louis Business Journal reporting that the financial institutions object to a plan which they say would force them to lend the re-organized company $8.4 billion on pre-bankruptcy terms. Charter is backed by billionaire Paul Allen, who under the new bankruptcy plan will hold 35 percent of the voting shares of the giant cable company.
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