Monday, August 17, 2009 InnoCentive secures $7.3 million in funding
By Chris Reidy, Globe Staff InnoCentive Inc., a Waltham company focused on crowd-sourced innovation, said it has closed a Series B-2 funding round for $7.3 million. The round was led by Spencer Trask Ventures Inc., a New York-based venture firm,... Hub hoopla marks Southwest's Logan debut
By Katie Johnston Chase, Globe Staff Southwest Airlines rang in its second day of service at Logan International Airport with a flurry of Boston flair. Chief executive Gary Kelly was joined by local officials for a water shuttle trip across... Whole Foods readies for Legacy Place opening
By Chris Reidy, Globe Staff Whole Foods Market, the Texas-based chain of natural and organic supermarkets, said it will open a store Sept. 2 at Legacy Place, a new lifestyle shopping center in Dedham.? "Spanning 60,000 square feet, the new... Mass. gas prices increased 6 cents a gallon
By Chris Reidy, Globe Staff Gasoline prices in Massachusetts rose 6 cents in the latest AAA weekly survey, the third straight week of increases, AAA Southern New England said. "AAA?s Aug. 17 survey of prices in Massachusetts found self-serve, regular... Novomer secures $14m in Series B financing
By Chris Reidy, Globe Staff Novomer Inc., a Boston company specializing in plastics, polymers, and other chemicals made from renewable feedstocks such as carbon dioxide, said that it has raised $14 million in a Series B funding round. "The round... Washington Trust opens office in Sharon
By Chris Reidy, Globe Staff Washington Trust, a Rhode Island bank, said it has opened a new mortgage lending office in Sharon, the bank's first residential lending office in Massachusetts. In a press release, Washington Trust said it currently offers... Who, What, Where
Stanley J. Lukowski has been elected chairman of the board of directors at Abt Associates. Headquartered in Cambridge, Abt Associates applies scientific research, technical assistance, survey, and consulting expertise to a wide range of social, economic and health policy issues;... Blight devastates Connecticut tomato crop
(File photo: Pat Greenhouse/Globe Staff) Associated Press Connecticut agriculture officials say late blight has devastated tomato crops across the state this year. Jude Boucher, an educator with the University of Connecticut's Cooperative Extension System, says commercial growers have lost... Zendesk secures $6 million in venture funding
By Chris Reidy, Globe Staff Zendesk, a Boston company that helps companies move their help desk and customer support operations to the Web, announced today that it has secured $6 million in series B venture funding. "Silicon Valley-based Benchmark Capital... Delaware court rules on iBasis requests
By Chris Reidy, Globe Staff Burlington's iBasis Inc., a wholesale carrier of international long-distance calls, announced that on Aug. 14, the Delaware Court of Chancery rejected Royal KPN N.V.'s effort to stay iBasis' discovery in connection with the complaint filed... Green Mountain Coffee looks to Washington state
By Chris Reidy, Globe Staff Green Mountain Coffee Roasters Inc., the Vermont coffee company, said it has chosen Sumner, Wash., as the future location for a new manufacturing and distribution facility. The new leased site will support the continued expansion... Mass. looks to forests for renewable energy source
Associated Press In its push for renewable energy, Massachusetts is hoping to add wood-burning power plants to the list of green power options that already include wind turbines and solar panels. Dubbed "biomass energy," the push to help wean the... TomTom iPhone app is now available
By Chris Reidy, Globe Staff TomTom said that its application for iPhone navigation can now be purchased in the Apple iTunes App Store. Founded in the Netherlands, TomTom is a provider of navigation solutions and digital maps. It has offices... Today in Globe Business
Everyday nanotechnology CAMBRIDGE - Long the stuff of hype and occasional hysteria, nanotechnology is quietly merging into modern life, its minuscule particles infused in an array of products, ranging from stink-proof socks to life-saving cancer medications. The technology today underlies... | 
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