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IT & Management Consulting
As per SEC filings, PlumChoice in Billerica, MA has raised $8.5M in funding. PlumChoice, Inc.'s Technology Care solutions enable organizations to transform customer satisfaction to customer loyalty. Whether powering a premium technology care business, augmenting a technical support business or enabling more efficient management of an internal service desk/help desk function, PlumChoice delivers scalable software and turnkey services that influence customer loyalty, increase profitability, drive down support costs, and improve productivity.
All Covered, a division of Konica Minolta Business Solutions U.S.A. (Konica Minolta) focused on delivering high‐performance Managed IT Services to small‐ and medium‐sized businesses, is pleased to announce that Covisia, a Managed IT outsourcing company based in Boston has joined All Covered. With the addition of Covisia, All Covered expands its presence with a broad and talented group of professionals along with a diverse list of clients.
Horizon Technology Finance Corporation HRZN +1.16% (the "Company" or "Horizon"), a leading specialty finance company that provides secured loans to venture capital and private equity backed development-stage companies in the technology, life science, healthcare information and services, and clean-tech industries, today announced that it has committed a $2.5 million Venture Loan to Optaros, Inc. ("Optaros"), a digital commerce service provider. The funds will be used to support Optaros's growth as it continues to create engaging customer experiences for clients who want to succeed in the digital commerce environment.
GreenPages Technology Solutions, a national cloud and virtualization consulting and integration firm, announced today that it is has acquired Atlanta-based LogicsOne—a virtualization, storage, and cloud technology consulting and management provider. The move accelerates GreenPages’ virtualization and cloud management growth strategy and brings the company’s total number of cross-trained engineers to more than 60.
As per SEC filings, Optaros in Boston has raised $4M in funding. Optaros delivers proven services and solutions to leading brands, driving measurable revenue improvement by bringing innovative commerce initiatives to market quickly. The Optaros global solution is comprised of a flexible and open technology platform, business enablement services, creative design capabilities and next-generation retail expertise.
Innoveer is also announcing today the completion of a $2M round of funding led by HarbourVest Partners LLC and Adam Honig, Innoveer’s Chief Executive Officer. This new financing will enable Innoveer to continue its rapid growth and provide cloud CRM and social business solutions to meet and exceed its customers’ needs throughout the US and UK. The additional financial support will also enable Innoveer to expand further into the Southeast and Central US regions.
As per SEC filings, Eximo in Waltham, MA has raised $700K in funding. Eximo is a leading development provider and partner for any size business. With a robust library of applications and a platform centered around delivering custom development fast, Eximo is paving the way for businesses to solve problems online.
As per SEC filings, GlassHouse Technologies in Framingham, MA has raised $4.4M in debt financing. GlassHouse Technologies is a global provider of data center infrastructure consulting services.
inVentiv Health, Inc., offering best-in-class clinical, commercial and consulting services to the healthcare industry, today announced that it has entered into a definitive agreement to acquire certain promotional and medical audit businesses of SDI Health, which IMS Health has committed to divest in connection with obtaining regulatory approval of its acquisition of SDI. Financial terms of the transaction were not disclosed.
GlassHouse Technologies, a global provider of cloud, virtualization, security and next generation data center consulting and managed services, today announced that based on current market conditions, it has chosen not to proceed with its planned initial public offering at this time. The company intends to withdraw its registration statement on Form S-1 as filed with the Securities and Exchange Commission.
“Obviously the economic climate continues to be volatile, and we feel these are not the optimal conditions for GlassHouse to move forward with an IPO,” said Patrick J. Scannell, Jr., CEO of GlassHouse Technologies. “We are focused on being the leader in vendor independent services that provide strategy and operational support for our customers as they confront rapidly evolving end-user, cost and security demands on their IT environments.”
Best Buy (NYSE: BBY) said today that it has reached an agreement to acquire mindSHIFT Technologies, Inc., the nation’s leading managed service provider (MSP) for small and mid-sized businesses, for $167 million. The transaction will help accelerate Best Buy’s growth in the small and mid-sized business IT services category. mindSHIFT provides cloud services, data center services and professional services to more than 5,400 clients and 25,000 managed desktops in key markets throughout the United States.
OnForce, the leading source for on-site tech talent, completed a $5 million investment round, led by North Atlantic Capital (NAC), a venture capital firm that specializes in business-to-business technology providers. The funding was raised specifically to accelerate growth, fuel increased technology innovation and meet the needs of large, industry-leading corporations.
Bridgeline Digital, Inc. (NASDAQ: BLIN) announced today that it has acquired Magnetic Corp., expanding Bridgeline Digital’s presence and iAPPS distribution into the Florida marketplace.
Founded in 1997, Magnetic is an award-wining interactive technology Company that provides web application development, web design, mobile application development, usability, web content management system implementations, and eCommerce implementations for its customers.
September 22, 2011: Mobiquity (www.mobiquityinc.com), a professional services firm specializing in the design, build, deployment and analysis of innovative enterprise-class mobile solutions, today announced it has acquired the Cambridge, Mass.-based mobile development shop, KMDM. The acquisition of KMDM was made in response to the market's exploding demand for Mobiquity's range of mobile professional services. KMDM is the second company Mobiquity has rolled-in since its founding in April 2011; the other was Providence, RI-based Cronk Software. Terms of the deal were not disclosed.
July 25, 2011: Per SEC filings, GlassHouse Technologies has raised $6M in funding. Citrix Systems invested $5M, while Greenspring Associates contributed $1M. GlassHouse Technologies is a global provider of data center infrastructure consulting services.
July 19, 2011: SapientNitro, part of Sapient® (NASDAQ: SAPE), today announced that it has signed an agreement to purchase mobile agency CLANMO, based in Germany. The acquisition strengthens SapientNitro’s existing capabilities to provide clients with outstanding end-to-end mobile expertise and further enhances its unique offering for multi-channel marketing and multi-channel commerce in the European and, particularly, the German market.
May 4, 2011: PlumChoice announced today it has raised $25.6MM in financing to meet the growing market demand and expansion requirements for its premium Technology Care services. Funding sources included follow-on investments from existing investors, plus substantial first-time investments from M/C Venture Partners, Gold Hill Capital and Eastward Capital. Proceeds will be used to fund growth, expand sales and marketing, and enhance the breadth of PlumChoice's platform services.
May 3, 2011: Arcadia Solutions, a national healthcare consultancy and subsidiary of Marquette Technology Companies, announced today that it has entered into a definitive agreement to acquire the assets of Concordant, Inc. The company, operating as Arcadia Solutions, will merge the two companies to fill the gaps in the ambulatory healthcare IT market in the United States.
March 29, 2011: Bill Seibel and Dr. Scott Snyder, technology and mobile industry leaders with a track record of helping organizations shape business strategies to capitalize on advancements made possible via technology, today launched Mobiquity (www.mobiquityinc.com). Mobiquity was created to help Global 2000 clients transform their technology infrastructure and business models to capitalize on the growth opportunities emerging through the next wave of Mobile Computing. The company also announced $5MM in Series A funding, led by Longworth Venture Partners and Sigma + Partners, and two board of director appointments.
March 29, 2011: Apperian, Inc. (www.apperian.com) today announced it has closed a $9.5 million round of venture financing, with investments from North Bridge Venture Partners, Bessemer Venture Partners, Kleiner Perkins Caufield & Byers’ (KPCB) iFund, CommonAngels and LaunchCapital, the last two of which provided the company’s seed financing.
March 21, 2011: Cloud Technology Partners Inc. (cloudTP), the leader in providing cloud solutions that empower business transformation, today announced that it has completed theacquisition of sustainability solutions innovator, Global Green Consulting Group (GGCG). Under terms of the agreement, GGCG services will now be incorporated into cloudTP cloud solutions, as appropriate.
January 11, 2011: GlassHouse Technologies, a global data center consulting and managed services firm, today announced that Citrix Systems, Inc., a leading provider of virtual computing solutions that help companies deliver IT as an on-demand service, has made a strategic investment in the company. This investment expands the existing relationship between the two companies with Citrix becoming a premier desktop virtualization partner of GlassHouse Technologies. This equity investment provides Citrix with an observer’s seat on the GlassHouse board of directors. This expanded relationship does not alter GlassHouse’s existing business model as a vendor-independent consulting firm.
