Tuesday, April 2, 2013

Organization bits: Podimetrics wins resources for diabetes foot treatment, Caesar's offers... - MassLive.com

Suffolks Downs and CaesarAAAs Entertainment have planned a number of open residences in East Boston and Revere to enhance possibilities for a resort casino. Picture due to Suffolk Downs Activities show Suffolk Downs casino type In an endeavor to win over skeptical people for a proposed $1 billion location casino in their backyard, Suffolk Downs and partner Caesars Entertainment have appointed a series of open houses in East Boston and Revere. The Suffolk Downs periods, that will be held on April 9, 11 and 13 at the East Boston racetrack, come on the heels of a competing occasion with Everett Mayor Carlo DeMaria Jr. and Gamal Aziz, COO and president of Wynn Resorts Development, on factual statements about the planned Wynn Everett Resort Hotel Casino. Wynn officials can have new details about the plan to build a $1.2 billion resort hotel and casino over the Mystic River in Everett at 1 p.m. in the Edward G. Connolly Center. Caesars is working to develop a casino at Suffolk Downs in East Boston, Wynn plans a in Everett on the former Monsanto website, and David Nunes is wanting to construct a just off Route 495 in Milford. The trio are competing for just one casino certificate to be issued for eastern Massachusetts by the state's Gaming Commission. "In our continuing effort to supply local citizens with just as much detail as you can about our progress, this design offers a more tangible vision of what the home would look like and how local traffic problems would be improved," mentioned Chip Tuttle, chief operating officer of Suffolk Downs, in a statement. Last week-end, East Boston residents against the casino planned for Suffolk Downs held a in Maverick Square. A lot more than three dozen protesters, several holding CasiNO! Symptoms, said the project would improve traffic and hurt local restaurants and retailers. Podimetrics raises funds for diabetic foot care Podimetrics Inc., a startup that was a life science course champion in last year's MIT $100K Entrepreneurship Competition, has lifted $1 million in value, the 2nd tranche of a million round that started in December. Their co-founder and CEO, Jonathan Bloom, told Mass High Tech within an e-mail that there's "nothing much to report," and that the organization is currently centered on "building a remedy to help keep diabetic feet healthy." In an interview in August, co-founder Jeff Engler told the Boston Business Journal that the organization goes after the $70 million diabetic foot ulcer industry, building a bath mat with sensors that record changes in blood flow patterns when a diabetic patient methods on the mat. Before they're visible so they can be handled the cushion might estimate foots ulcers. An amended filing with the Securities and Exchange Commission on Wednesday mentioned that the sum total $2.5 million arises from four investors: Bloom, Engler and co-founder and CTO David Linders, as well as Aaron Sandoski, co-founder and managing director of Norwich Ventures. In a May Possibly 2012 description from the MIT 100K opposition, the company said diabetic foot ulcers cause nearly 100,000 amputations every year in the U.S. Mortgage originations at 5-year large How many home mortgages and refinancings reached their highest level since 2007 as New England's property industry continued to rebound last year, based on the Warren Group. While Massachusetts, Connecticut and Rhode Island saved mortgage spikes in 2012, new mortgages and refinancing was the best in the Bay State. Residential mortgage activity in Massachusetts rose by not exactly 38 per cent to 332,582 a year ago, up from 241,490 in 2011. Purchase mortgages spiked more than 25 percent to 57,324 from 45,824 and refinance loans increased almost 41 percent to 275,258 from 195,666 in all of 2011. This past year marked the very best one on file since 2007, when 346,655 total mortgages were issued in Massachusetts. Very nearly 83 percent of total mortgages in 2012 were refinances, in contrast to 81 percent in 2011. Nationally, the refinance share of programs was 82 % at the close of 2012, according to the Mortgage Bankers Association. In Connecticut, all mortgage exercise swelled by over 26 percent in 2012 to 141,759 mortgages, up from 111,850 in 2011. Rhode Island mortgage activity also increased dramatically in 2012. An overall total of 42,680 mortgages were originated last year, up from 32,992 in the previous year, a 29 % rise. T2 shuts $40 million Series Elizabeth circular T2 Biosystems has finished its $40 million Series Elizabeth round of funding. The Lexington business, which includes lifted $50 million since its launch in 2006, use the money to support its clinical applications and the commercialization of T2Candida, a diagnostic test to recognize Candida fungal infections right from whole blood. The round was led by new trader Goldman Sachs, and joined by existing investors Flagship Ventures, Polaris Partners, Aisling Capital, Flybridge Money Partners, Physic Efforts, Arcus Ventures, Partners Healthcare, Camros Capital and WS Assets. Their strategy would be to accelerate the examination of these attacks so patients can be treated faster. The company's first diagnostic test, that may find the infection candida, a pathogen known to cause sepsis, in small quantities and in less than two hours, is likely to be commercially available before the end of 2013. Zappix taps Burlington for U.S. headquarters Zappix, an app that is made by an Israeli company allowing individuals to bypass customer care style choices, has formally opened its U.S. headquarters in Burlington. Early last month, the organization closed an undisclosed round of capital from Kormeli LLC, a Burlington-based undertaking company headed by Avner Schneur, president and former CEO of Emptoris. During the time, the company indicated it'd operate out of Kormeli's offices. The business announced the hiring of two executives for its U.S, last week. management group. Shay Artzi, an graduate and former senior software engineer for IBM, was named chief technology officer, and Gal Steinberg, previously vice president of product and marketing for ooVoo and senior director of product marketing for Lionbridge Technologies, became the brand new vice president of marketing. Zappix makes aesthetic menus that show options for immediately contacting customer service, taking the user to a representative or appropriate customer service area where problems may be resolved easily. The software is compatible with Android and iPhone mobile phones, and includes options for sharing on social media marketing sites and quickly accessing stored recent and beloved customer service calls. Exinda brings Wi-Fi to corporate, military aircraft Boston-based Exinda has been utilized by a satellite communications company for the military to create high-speed connectivity to corporate and military aircraft. The supplier of WAN optimization and network get a grip on companies was stolen by Satcom Direct, a privately-held firm in Satellite Beach, Fla., to incorporate its Wi-Fi technology into Satcom's first hardware product - a router which will behave as a access point on a plane. Satcom, which supplies its satellite communications in corporate and military aircraft and to crisis response teams traveling to remote locations with limited cell and data coverage, use Exinda's technology to enhance the response time of Internet applications at 35,000 legs for guests.

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