Find top talent in the Boston area on VentureFizz's Job Board... post a job
Ipswitch's Network Management Division, developers of the WhatsUp Gold suite of innovative IT management software, announced today that it has acquired iOpus Software, a leading provider of Web application performance testing and monitoring solutions from the cloud. The addition of the iOpus AlertFox and iMacros capabilities will empower application owners and IT staff customers to more effectively track and ensure optimal Web application performance, creating a better end-user experience. With this acquisition, Ipswitch's market leading and affordable IT Management solutions will now extend to every layer of web infrastructure from the cloud to the end-user.
As per SEC filings, Radio Mobile Access in Andover, MA has raised $9.5M in funding. Radio Mobile Access is building an array of solutions for the mobile broadband industry. Their vision/mission is to enhance communications experience, and reduce cost of technology.
As per SEC filings, Misfit Wearables has raised $7.6M in funding. Misfit Wearables is developing highly wearable sensor products and services for wellness and medical applications.
Veracode, Inc., the leader in application security services, today announced it has secured $30M in additional funding from Meritech Capital Partners and existing investors -- Atlas Venture, .406 Ventures and StarVest Partners. Veracode is the only company that can provide scalable application security as a service to help commercial enterprises and government agencies address the acute threat posed by hackers.
TalkTo, Inc. announced today the launch of talkto: Boston, a version of its messaging service that enables Boston-area residents to text any store, restaurant, salon, hotel or other type of business. TalkTo also announced the closing of its $3 million Series A funding from Matrix Partners, which will be used to fuel a national rollout later this year.
TalkTo first emerged in limited beta in September 2011 with an audacious goal: to make it possible to text any business whenever you want, and get a text response from the business in return. Designed to look and feel like SMS, the app lets anyone inquire about products and services, book appointments and reservations, or ask other questions with a text message.

Crashlytics is excited to announce that our Series A round raised $5 million with the help from VC firms like Flybridge Capital Partners and Baseline Ventures. This follows our $1 million Seed Round last year from both firms and a bunch of great angels as well.
Since the launch of our crash reporting software for mobile
applications in October, we have been swamped with interest to join our
beta service. Generating great feedback from users has allowed us to
perfect the lightest weight SDK on the market (with a size of roughly
40KB) while continuing to pinpoint the direct line of code that causes
each crash. Furthermore, Crashlytics has eliminated the need for
developers to ship an app with any debug symbols, reducing user download
size by 30-50%.
Over 500 organizations are already utilizing Crashlytics and
deploying our SDK to tens of millions of devices. Every day, more and
more organizations are adding Crashlytics to their apps, and we’re
currently in use by many top applications spanning social, gaming, and
financial categories. Our goal is to continue assisting mobile app
developers by revolutionizing mobile infrastructure software and
repairing the disconnect between developers and consumers.
Vivox Inc., a leader in social communications,
today announced its acquisition of Droplet Inc., a developer of unique,
patented technology to deliver a high-quality video chat experience on
mobile networks. Vivox will integrate Droplet's mobile video software
into its VoiceEverywhere™ platform, which serves more than 80 million
fans generating 3.5 billion minutes of voice chat each month.
The Droplet acquisition will augment Vivox's cross-platform
communication capabilities, strengthening its video chat solution for
mobile while minimizing the bandwidth, processing resources and power
needed from the mobile network and device itself. Consumers with mobile
broadband network connections will be able to harness the new video
technology through Vivox's VoiceEverywhere platform.
With Transcend, Nuance will accelerate access to and expand its customer base within the small- to mid-size hospital market, which comprises approximately 90 percent of hospitals in the U.S. and increasingly demands cost effective, voice-enabled, clinical documentation solutions to achieve Meaningful Use and the transition to ICD-10. With Nuance’s voice-enabled and Clinical Language Understanding technologies and deep electronic health record (EHR) integration, combined with Transcend’s high-quality transcription and editing services, hospitals can make clinical documentation and workflow more productive and cost efficient and extract greater value from clinical information.
SoundBite Communications, Inc. (Nasdaq:SDBT), a leading global provider of cloud-based customer communications solutions, today announced the acquisition of 2ergo Americas, which had been wholly owned by 2ergo Group plc (AIM:RGO). 2ergo Group is an international mobile business and marketing solutions company leveraging a unique blend of innovative technology and professional services.
The 2ergo Americas acquisition extends SoundBite's client base to include leading companies in the telecom, media and consumer packaged goods industries while enhancing SoundBite's existing mobile marketing offering with self-service SMS, mobile coupons, QR code and mobile web platforms, as well as carrier-grade scalability and Latin American connectivity. The acquired business operates principally in North America and brings SoundBite a talented, committed team with deep mobile marketing expertise.
Energy Points today launched the world’s first universal metric for measuring sustainability,
empowering businesses to make quantitative and intuitive project
decisions across all environmental domains – including fuel,
electricity, transportation and water.
The company also announced that it secured a $3 million initial round
of financing led by Plan B Ventures. The financing will be used to
launch and accelerate the adoption of The EnergyPoints™ platform
– the first Software-as-a-Service (SaaS) platform to power quantifiable
and measurable sustainability decisions. As part of the financing,
Plan B Ventures partner Barbara Goldman will join Energy Points’ board
of directors.
Options Media Group Holdings, Inc. (OTCQB: OPMG) (PINKSHEETS: OPMG) (the "Company" or "Options Media") has entered into a definitive merger agreement to acquire 100% of the stock of Illume Software, Inc., a Boston-based mobile software company, whose iZup software is a responsible solution to cell phone-related distracted driving. The boards of directors of both companies have approved the merger, which is expected to close by February 12, 2012, subject to various closing conditions, including the approval of Illume shareholders and other customary closing conditions.

Massachusetts Technology Development Corp. (MTDC) today announced financial backing of two MassChallenge 2011 Alumni, Libboo and Vsnap. The two were selected from a "fast track" program that guaranteed funding for two startups and helped ensure the companies stay here in the Commonwealth.
Libboo is a platform dedicated to entirely transforming the process and economics of the publishing industry through empowering a social community of content creators. The creators believe that by helping authors, editors, illustrators, critics and marketers find one another within a well-organized environment, they will create better and more salable content while reducing the cost of its creation tenfold.
Massachusetts Technology Development Corp. (MTDC) today announced financial backing of two MassChallenge 2011 Alumni, Libboo and Vsnap. The two were selected from a "fast track" program that guaranteed funding for two startups and helped ensure the companies stay here in the Commonwealth.
Vsnap is the most personal way to communicate with your customers and prospects. The company offers a set of simple applications that make it easy to send short video messages. The benefit is deeper engagement and as much as a 41% increase in action on the part of recipients as compared to email interactions.
As per SEC filings, Currensee in Boston has added $2M more to their $4M Series C round of funding (total of $6M for Series C). Currensee is an alternative investment service that gives investors unique access to the world currency markets,
Social TV analytics company Bluefin Labs today announced it has raised $12 million in a Series B round led by Time Warner Investments with participation from new investor SoftBank Capital and return investors Redpoint Ventures and Lerer Ventures.
Bluefin Labs first introduced its analytics service through a private pilot program in May 2011, and followed quickly in July 2011 with the launch of its flagship product, Bluefin Signals. Bluefin Signals is an analytics platform that analyzes and organizes social media conversations about US national television. Clients of Bluefin Signals leverage social data about TV shows and commercials to inform the buying and selling of TV media. Clients are a mix of television networks, marketers and agencies including CBS, Fox, Discovery Communications, MediaCom, MTV Networks, Starcom MediaVest Group and many more.
VideoIQ, the recognized leader in intelligent all-in-one video surveillance solutions, today announced that is has expanded its Series C investment round with an additional $3.5 million from its existing investors Atlas Venture, Matrix Partners and Tenaya Capital. The incremental funds bring the total Series C round to $11M and will be used to further support the expansion of the sales and product development teams globally.
Powered by VideoIQ’s award winning adaptive analytics, VideoIQ’s self-calibrating iCVR all-in-one video surveillance solutions improve security by delivering superior accuracy and range. Unlike conventional IP video surveillance systems, which face significant bandwidth and storage challenges, VideoIQ’s iCVR onboard storage provides months of recording while eliminating the need to backhaul video to central storage servers – reducing bandwidth consumption by over 90 percent.

Nuance Communications, Inc. (NASDAQ: NUAN) announced it has signed an agreement to acquire Vlingo, Inc. Fueled by unprecedented demand for intelligent voice interfaces that combine voice, language understanding and semantic processing, Nuance and Vlingo will combine their deep innovation and R&D expertise to deliver next-generation natural language interfaces across numerous markets and industries.
Consumer interest and demand for virtual assistant and voice-enabled capabilities have exploded in recent months, creating a $5 billion market opportunity that spans phones, tablets, cars, televisions, navigation devices, music players, PCs and more. Both Nuance and Vlingo see an unprecedented appetite for intelligent devices that understand the spoken word and deliver outcomes for consumers and professionals.

As per SEC flilings, Expressor Software in Burlington, MA has increased a previously round of funding ($4.5M) to $6M. Expressor Software is an enterprise class data integration product company.
As per SEC filings, OnePIN in Westborough, MA has raised $900K in funding. OnePIN’s technology transforms mobile phonebooks into social address books, improving customer retention while increasing voice and data revenue for mobile operators.
uTest, the leader for in-the-wild software testing, announced on their corporate blog today that they have completed a $17 million Series D round of funding. The round was led by QuestMark Partners, with full participation from all of uTest’s previous investors including Scale Venture Partners, Longworth Venture Partners, Egan-Managed Capital and Mesco Ltd. This latest round brings the company’s total funding to more than $37 million since its 2007 founding, and marks one of the largest investments ever made in a crowdsourcing company.
As per SEC filings, Formlabs in Cambridge, MA has raised $500K towards a planned $1.5M in funding. Formlabs is developing a high quality, low cost 3D printer that works out of the box. It enables designers, makers, and everyday people to create 3D forms by simply hitting the print button. Formlabs products fuses a novel additive manufacturing technology with a unique design-centric approach to achieve an incredible user experience yet to be seen in 3D printing.
Investors include Joi Ito (MIT Media Lab Director) and Mitch Kapor (founder of Lotus Software).
As per SEC filings, InnoCentive in Waltham, MA has raised $5M of a planned $7.5M round of funding. InnoCentive is the open innovation and crowdsourcing pioneer that enables organizations to solve their key problems by connecting them to diverse sources of innovation including employees, customers, partners, and the world’s largest problem solving marketplace.

Zipcar, Inc. (Nasdaq: ZIP), the world's leading car sharing network, today completed its final step in the acquisition of Streetcar, the largest car club in London, by integrating Streetcar's vehicles and members into the Zipcar platform. As a result, Zipcar UK members now can access more cars across the UK, utilize industry leading technology and benefit from the Zipcar global network of over 9,000 vehicles. The integration comes at a time of growth for Zipcar UK and provides a solid foundation for continued expansion across Europe. According to research by Frost & Sullivan, the market for car sharing in Europe could reach 5.5 million members and 3 billion euros.
SSI Investments II Limited (the "Company"), a parent company of SkillSoft Limited (formerly SkillSoft PLC) ("SkillSoft"), a leading SaaS provider of on-demand e-learning and performance support solutions for global enterprises, government, education and small- to medium-sized businesses, today announced that its indirect subsidiaries, SkillSoft Corporation and SkillSoft Ireland Limited (the "Buyers") have acquired the Element K business from NIIT Ventures, Inc., a subsidiary of NIIT Limited. Under the terms of the agreement, pursuant to which the transactions contemplated by the agreement closed effective today, the Element K business was acquired for $110 million in cash, subject to adjustments.
Crashlytics, Inc. today announced it has raised $1M in Series Seed funding. Crashlytics is building the most powerful – yet
lightest-weight – crash-reporting solution to give mobile developers visibility into their apps’ performance.
When it comes to mobile application stability, developers have no real visibility into how their apps perform in customers’ hands. Some developers have built ad-hoc solutions only to find themselves overwhelmed with a vast amount of data and a sheer lack of insights. Crashlytics solves these problems, providing developers with detailed diagnostics about every issue, securely and in real-time, including the exact line number of code that the app crashed on.
Investment firms Flybridge Capital Partners and Baseline Ventures led the round. Angel investors include David Chang (COO at Where, a PayPal company), Lars Albright (cofounder of Quattro, now Apple iAds), Chris Sheehan (Managing Partner at
CommonAngels), Ty Danco (Founder, eSecLending and FX Aligned), Jennifer Lum (former VP at Quattro, now Apple iAds), Roy Rodenstein (founder of Going.com and a former Director of Business Planning at AOL), Joe Caruso (Managing Partner at
Bantam Group), and others.
As per SEC filings, QuietLogistics in Andover, MA has raised $5.15M in funding. QuietLogistics, which is also known as Scenic Technology Corporation, is a provider of robotic, white glove eCommerce fulfillment services by using equipment Kiva Systems.
As per SEC filings, InnoCentive in Waltham, MA has raised $3.3M of a planned $7.5M in funding. InnoCentive is the open innovation and crowdsourcing pioneer that enables organizations to solve their key problems by connecting them to diverse sources of innovation including employees, customers, partners, and the world’s largest problem solving marketplace.
September 26, 2011: As per SEC filings, PowerInbox (which is operated by ioRevolution), the open app platform for email, in Cambridge has raised an additional $640K in funding for a total of $1.74M in funding raised thus far. Back in August, there was a previous listing for PowerInbox's $1.1M in funding.

September 9, 2011: As reported by Xconomy, Take the Interview in Cambridge, MA has raised $775K in funding. Take the Interview is an a on-demand software platform for employers and job seekers. The company provides employers the opportunity to screen candidates prior to interviewing them in-person for preliminary screening purposes, reducing costs and saving time for employers, human resource employees, interviewers and interviewees.
September 9, 2011: VideoIQ in Beford, MA has raised $7.5M in funding. VideoIQ is the inventor of the best performing, yet simplest, proactive surveillance system available today. Based on award-winning adaptive analytics, VideoIQ provides a suite of powerful, all-in-one systems that deliver superior accuracy, maximum range and self-calibration.