On June 1st, 2012, Swipely launched our platform to help local merchants accept payments, understand customers and grow sales. It’s been an exciting ride ever since, and we’re proud to have been named to Forbes’ 100 list of “America’s Most Promising Companies” and one of the “Best Places to Work in Rhode Island” by Providence Business News this year.

Swipely now manages more than $700 million in annual sales to help hundreds of merchants in 130 cities better understand 2 million customers. These merchants are the lifeblood of their neighborhoods, creating spots where we love to meet up, eat and shop.  READ MORE

Acacia Communications, the leader in delivering intelligent transceivers for ultra-high speed fiber optic transmission to the telecommunications infrastructure industry, announced today that it has closed a new $20 million round of financing with Summit Partners serving as the lead investor. Existing investors Matrix Partners , Commonwealth Capital Ventures and Egan Managed Capital also participated in the round. Summit Partners Managing Director, Peter Chung , will join Acacia’s Board of Directors.  READ MORE

WegoWise, a leading building performance analytics provider, has raised $3 million in financing from Boston Community Capital (BCC). The investment will power the expansion of WegoWise's innovative utility data intelligence platform to the commercial real estate market, providing utility tracking and benchmarking solutions to commercial buildings. The financing round builds on a previous $1.9 million investment from Boston Community Capital and will also support WegoWise's continued momentum in the multifamily and single family markets.  READ MORE

Today Daily Grommet, the online marketplace and product launch platform for undiscovered consumer products, announces the second tranche of investment by Rakuten, the third largest online marketplace in the world, and a rebrand that includes a name change to The Grommet. This investment makes Rakuten the major stakeholder in the business. This significant news in The Grommet's history marks the company's success in levelling the playing field so that the best products and companies coming out of the "hardware renaissance" can succeed. The Grommet's disruptive business model gives consumers a trusted place to engage with the stories and people behind the explosion of new consumer products. It does so by discovering, launching, and sharing up-and-coming products with an emerging e-commerce shopper looking for meaningful products to buy online.  READ MORE

SimpleTuition, Inc., a leader in providing tools and resources that help students pay less for college-related expenses and be smarter about how to manage their student debt, today announced it has closed a $4 million Series D funding round. This round of funding was led by previous investors Atlas Venture, Flybridge Capital Partners, and North Hill Ventures. The new funds will be used to fuel the growth of SimpleTuition's three core businesses – student loans, textbooks and rewards – with investment in product development, marketing and business development.  READ MORE

Skyword, the leading platform for quality, original content production at scale, today announced it has closed $6.7 million in growth financing led by Cox Media Group. The investment will be used to expand the team and help scale the company to meet increasing customer and partner needs as content marketing becomes an integral part of brand marketing initiatives and digital content production for media companies.  READ MORE

NetSuite Inc. (NYSE: N), the industry’s leading provider of cloud-based financials / ERP software suites, announced today that it acquired OrderMotion Inc., a leader in order management solutions based in Burlington, Mass. The acquisition of OrderMotion’s cloud-based Direct-to-Consumer (D2C) Order Management capabilities add to NetSuite’s cloud-based industry-leading order management system, furthering NetSuite’s focus on this increasingly important and complex business challenge. The terms of the acquisition were not disclosed.  READ MORE

Cloudant, provider of a globally distributed database-as-a-service (DBaaS), today announced $12 million in series B funding from Devonshire Investors, the private equity firm affiliated with Fidelity Investments; Rackspace Hosting, the open cloud leader; and Toba Capital. The company also announced that current investors — Avalon Ventures, In-Q-Tel, Samsung Venture Investment Corporation — purchased additional shares. The funding will be used to support Cloudant’s global expansion and grow the company’s support, service, and go-to-market strategies.  READ MORE

From the blog post on Matrix Partners:

Today we are pleased to announce the close of Matrix X, our tenth early-stage technology-focused venture fund. We’d like to thank our limited partners for their incredible, longstanding support of our partnership and the great entrepreneurs that are the core of our business.

One of the nice reminders from spending several weeks with our limited partners is that the profits of our investments support some of the most important educational and not-for-profit foundations in the world. We take great pride in helping to nurture innovation that benefits the world, but also in seeing the fruits of these investments applied for the greater good.

Matrix X is our third consecutive $450M early-stage fund. We chose to maintain this fund size despite significant over subscription because it fits our focused and selective investment practice. Unlike Matrix IX, this fund will be our only US investment vehicle.  Due to the unusual market conditions in 2008, we coupled a $150M Special Opportunity Fund with Matrix IX to take advantage of some unique investment opportunities we thought might emerge, but we never called any capital in that fund.  READ MORE

Extreme Reach, Inc., the leading video platform for integrated TV, online and mobile advertising, announced today a significant investment by Spectrum Equity, a leading growth equity firm focused on the information economy. Spectrum Equity’s investment is in excess of $50 million for a minority stake in Extreme Reach. The financing will support the company’s rapid growth and expansion through acquisitions. READ MORE

DraftKings, Inc., a leading provider of daily fantasy sports online with offerings across the board in fantasy baseball, fantasy football, fantasy basketball, and fantasy hockey, has closed a $7M Series A round of funding led by Atlas Venture. DraftKings plans to use the money to continue to perfect the customer experience and to broadly market its online and mobile offerings in short-term fantasy sports play. Featuring daily fantasy sports contests and same-day settlement, DraftKings makes playing fantasy faster and more exciting for both seasoned and casual players. Launched on April 28, 2012, the funding announcement comes right as the company is celebrating its first anniversary. READ MORE

FeedHenry, a provider of cloud- based mobile enterprise application solutions, today announced that it has secured $9M (€7M) in a funding round led by Intel Capital. The funding includes a seven figure investment from existing investor Kernel Capital. Other existing investors VMware Inc., Enterprise Ireland and private investors also participated and were joined by new investment from ACT Venture Capital.  This new funding will provide FeedHenry with the capital to accelerate the international roll out of its mobile application platform that draws on critical cloud-based technology.  READ MORE

Atlas Venture in Cambridge, MA has raised a new $265M fund.  Atlas Venture is an early stage VC firm that is focused on tech and biotech companies.  This is the firm's ninth fund.

Placester announced $2.5 million in seed financing led by new Boston seed fund, Romulus Capital. Founded in 2009, the Placester real estate marketing platform gives agents a way to quickly launch individual marketing sites that are dynamically driven by real estate multiple listing services (MLS), accessible across mobile devices and the web, and integrated with lead management and other marketing services.  READ MORE

VMTurbo, the leading provider of software-defined control for cloud and virtualized environments, today announced that the company has closed a series C funding round led by Globespan Capital. VMTurbo’s funding now totals $25 million, with key investments coming from Globespan Capital, and previous investors Bain Capital Ventures and Highland Capital Partners.  READ MORE

As reported by TechCrunch, Nanigans in Boston has raised $5.8M in a Series A.1 round of funding.  Nanigans, an early official Facebook Ads API Partner, offers a fully automated real-time bidding platform for the Facebook ads marketplace.

Gizmox, a leader in enterprise-class HTML5 for new and existing business applications, has closed a $7.5M round of financing and named a new CEO to accelerate its sales and marketing efforts. The round was led by Atlas Venture. The company’s existing investors include Citrix,Consolidated Investment Group, Maayan Ventures and prominent individual investors. Jeff Fagnan and Christopher Lynch of Atlas Venture will join the Gizmox Board of Directors.

“There is an enormous platform shift of mission-critical business applications from traditional Microsoft client-server to mobile, web and HTML5. While this is well understood and underway for horizontal or consumer applications, the problem for complex business applications is still largely unsolved. Gizmox has a unique solution informed by years of technology development and many successful customer deployments, to facilitate this shift,” said Jeff Fagnan, Partner, Atlas Venture.  READ MORE

MC10 today announced that it has completed its Series C Financing with an additional $8 million led by two new strategic investors. With this extension, the total amount MC10 has raised in its Series C is $18 million. More detail about MC10's new strategic partners will follow as product and business collaborations are announced.

“With the close of this financing, MC10 is fortunate to have strategic investors behind each of our three main business thrusts: consumer, digital health, and medical devices,” said David Icke, CEO of MC10. “Moreover, we've added partners who will help us scale globally.”

As per SEC filings, Pixability in Cambridge, MA has raised $4.1M in funding.  Pixability is a YouTube marketing and advertising company that works with brands, e-commerce firms, agencies, and innovative organizations to drive business and awareness with online video and YouTube.

As per SEC Filings, Proletariat in Cambridge, MA has raised $2.25M in funding.  Proletariat is a tablet and mobile game developer creating high quality free-to-play games.

Iora Health, a private healthcare company providing a radically different model of primary care, today announced that it has secured $14 million in series B growth financing. The financing, which included original investors Fidelity Biosciences, Polaris Partners, and .406 Ventures also included new investor Tony Hsieh, who oversees DowntownProject.com and is also the CEO of Zappos.

“We are tremendously excited by the value we are delivering to our patients through this proactive, relationship-centered care model,” said Iora Health CEO Rushika Fernandopulle, M.D., M.P.P. “Since our launch in 2011, the company has formed four large primary care partnerships across four states and our healthcare teams support over 4,000 patients nationally. Our goal is to transform health care delivery by showing there is a better way – changing the payment model, changing the staffing model and using cutting-edge technology to do it. With our new growth financing, we look forward to expanding our operations in all four markets where we currently operate practices.” READ MORE

As reported by TechCrunch, Fashion Project in Boston, has raised $1.8M in funding from Atlas Venture, High Peak Ventures, Schooner Capital, and other angel investors.  Fashion Project is an eCommerce site where you can done and shop for designer labels with a portion of every sale going to charity.

ParElastic Corporation, an emerging leader in cloud data management, announced today that it has raised $5.7M in a Series A round financing led by General Catalyst Partners.  The company’s existing investors including Point Judith Capital, CommonAngels and LaunchCapital also participated in the round. The Series A brings ParElastic’s total financing to $8.7M.

Larry Bohn, Managing Director at General Catalyst, will join the ParElastic board of directors alongside the company’s founders, Ken Rugg and Amrith Kumar, and noted industry veterans and entrepreneurs, Jit Saxena, founder and CEO of Netezza and Applix, and John Landry, a serial entrepreneur who has held strategic technology leadership positions at IBM, Lotus, Dun & Bradstreet and Cullinet.  READ MORE

ProcessUnity, a privately-held risk management software company, today announced that it secured $5 million in a Series C round led by Rose Park Advisors’ Disruptive Innovation Fund. The funding will support the company’s rapid growth and expand marketing and sales of its SaaS solutions.  READ MORE

attune Consulting, a premier global solutions provider to the fashion and lifestyle industries, today announced that MAS Holdings, the leading South Asian manufacturer of fine apparel, and supplier of the world’s leading brands of intimates, activewear and leisure wear, has chosen to invest $20 million to fuel attune’s development as the world’s leading IT business and technology solutions company focused exclusively on the fashion and lifestyle industries.  As part of this investment, attune will merge with Sabre Technologies, a software services provider specializing in cloud, mobile and other Web-based technologies, giving the combined company an unparalleled set of skills and services with which to serve its clients.  READ MORE

As reported by TechCrucnh, Lagoa with offices in Montreal and Boston, has raised $1.6M in funding from 500 Startups, Atlas Venture, Real Ventures and RHO Ventures, as well as a number of angels.  Lagoa built a cloud based platform for creatives working in engineering, architecture and media & entertainment to visualize 3D content.

Zerto, rapidly becoming the disaster recovery standard in virtualized data centers for both enterprises and cloud service providers, today announced it has closed a $13 million round of Series C financing. The round was led by RTP Ventures, an affiliate of ru-Net Holdings, with strong support from existing investors Battery Ventures, Greylock IL and U.S. Venture Partners.  Murat Bicer, managing director of RTP Ventures, will join the company’s board of directors.  READ MORE

As reported by TechCrunch, SavingStar in Waltham, MA has raised $9M in Series C funding from DCM, Flybridge, First Round, IA Ventures, Buddy Media Founder and CEO Michael Lazerow, among others.  SavingStar is a national, fully digital, grocery eCoupon service.

GreenBytes®, Inc., a developer of full-featured virtual desktop solutions that uniquely support existing infrastructure, today announced that it has raised an additional $7 million in Series C funding from Generation Investment Management LLP and Battery Ventures. GreenBytes will utilize the funding to continue the expansion and acceleration of global sales, marketing and partner development efforts, and for ongoing research and development of its patented zero latency inline deduplication technology found exclusively in the company’s award-winning IO Offload Engine™ and vIO™ solutions for desktop virtualization.  READ MORE

Deep Information Sciences, Inc. (Deep) made its debut today with the introduction of its groundbreaking new general purpose database, DeepDB, and the announcement of $10 million in Series A funding to support the company’s strategy to transform the Big Data market. Enabling simultaneous transactions and analytics in real time on the same data set, DeepDB brings unprecedented scale, simplicity and speed to data-driven decision making at large organizations. READ MORE