Technology Tools
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
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.
ZeroTurnaround, creator of the award-winning Java development tool, JRebel, has acquired Javeleon, known for its research on dynamic update systems and tools that increase developer productivity. The acquisition includes exclusive rights to all related intellectual property. READ MORE
Excerpt from the Crashlytics blog post - What an incredible journey this past year has been — today, we’re excited to announce: we’re merging with Twitter to take our platform to an entirely new level!
Our Product
We started Crashlytics a little over a year ago to address a huge hole in mobile app development. With hundreds of millions of devices in use around the world, it was impossible for developers to fully test every edge-case and catch every bug before release. Even worse, when problems did crop up, it was often difficult and complicated to find the root cause. App developers were stuck with little insight into what happened and forced to rely on vague end-user feedback to diagnose problems.
As per SEC filings, Marginize in Boston, MA has raised $300K in funding. Marginize enables real-time conversations in the margin of any website.
PowerInbox, a provider of email technology that enables live content
to operate directly within the body of your email, announced that it has
merged with ActivePath, a leading provider of interactive email
technology within the enterprise space. PowerInbox is based in
Cambridge, Ma, and ActivePath is based in New York, with offices in Tel
Aviv, Israel. The merger of the two companies brings together
complementary skillsets — ActivePath has a large installed base and
extensive experience within the enterprise space, while PowerInbox
enjoys a strong product and brand loyalty within the consumer space.
The combined entity will have $10 million in funding from Atlas
Venture, Longworth Venture Partners, Battery Ventures, Genesis Partners,
GIMV NV and Correlation Ventures. ActivePath CEO, Jeff Kupietzky, will
serve as CEO of PowerInbox, while Aryeh Mergi, founder of msystems
(acquired by SanDisk for $1.5B), will serve as Chairman of the Board.
PowerInbox founders, Matt Thazhmon, Dileep Thazhmon and Lance Jackson,
will continue in management, with a focus on product development and
innovation in email. Email is a large and growing market — $27.5B is
spent on email yearly and this is projected to grow at 18.5% annually.
In addition, less than 1% of the 145 billion emails sent daily are acted
upon providing a huge opportunity for improvement.
Perfecto Mobile announced it has secured $15 million in the company’s third round of financing. In recent years the company has achieved over 100 percent annual revenue growth, established a customer base of more than 600 organizations, and led the market in product innovation. This latest funding, led by Globespan Capital Partners, a global venture capital firm specializing in information technology, joined by existing investors Carmel, Vertex and the Waisbein Fund, will further Perfecto Mobile’s business growth and accelerate continued innovation.
GrabCAD, an online community for people designing and building physical products, today announced the closing of a $8.15 million series B round of funding led by Charles River Ventures, along with participation from new investor David Sacks, co-founder of Yammer and former chief operating officer of PayPal, and existing investors Atlas Venture, NextView Venture, and Matrix Partners. The latest round brings GrabCAD’s total funding to $14 million. GrabCAD is using the funds to accelerate company growth as it builds a new collaborative tool that improves design and communication processes in the creation of physical products.
FreePriceAlerts, the automatic price engine that’s saved online shoppers more than $50 million, today announced that it has closed a series B funding round of $2.5 million. The round was led by Nick Grewal and joined by 10X Venture Partners. The company has raised over $4 million to-date. Nick Grewal joins the company’s Board.
Ubersense, a Cambridge-MA-based technology company that helps athletes improve at any sport, has raised $1.1m in seed funding. Backers include Atlas Venture, Google Ventures, Boston Seed Capital and other angel investors. The company intends to use the funding to build out the product and expand operations.
Founded in early 2011 by Krishna Ramchandran, CEO, and Amit Jardosh, Ubersense has created a mobile video and collaboration platform that allows coaches at all levels, from parents to Olympic trainers, to help athletes in any sport get better. Using the Ubersense app for iPhone or iPad, coaches or athletes can video-tape and analyze their technique, compare themselves with pros, track their progress. Coaches and peers can provide feedback in-person and remotely.
sqrrl, the company focused on security, scalability, and adaptability for Big Data, today announced that it has received funding from Atlas Venture and Matrix Partners. Chris Lynch of Atlas and Antonio Rodriguez of Matrix will join the company’s board of directors. sqrrl’s seed round will enable the company to aggressively hire to meet the rising demand for secure, scalable, and adaptable Big Data products and fuel the release of an enterprise version of Apache Accumulo that extends the core technology.
uTest, the
world’s leading provider of in-the-wild software testing services, today
announced it has acquired mobile app quality tools company, Apphance,
from its parent company, Polidea, in a seven-figure deal.
uTest acquires all intellectual property related to Apphance as well
as engineering talent that will maintain, extend and build new
functionality into what will go to market as uTest Apphance, a tool that will complement uTest’s in-the-wild testing services for mobile apps. In return, Polidea receives cash and equity in uTest. This is the first acquisition activity for either firm.
Candescent Partners, a Boston-based private equity firm, today announced the completed merger of SoftBase Systems Inc., a leading provider of DB2 z/OS coding, testing and deployment tools, with Quadrant Software, LLC the leader in Document Output Management (DOM). Quadrant Software Inc., (QSI) becomes the parent company, and Softbase will operate as a division of Quadrant.
As per Mass High Tech, Pingup in Boston has raised $1M in funding with participation from Avalon Ventures. Pingup is a tech startup developing a consumer to business SMS text app to redefine how consumers and businesses communicate.
Shareaholic has raised $3M in funding. The round was led by Kepha Partners and included existing investors General Catalyst, NextView Ventures, 500Startups, Boston Seed, and various angels. Shareaholic makes sharing easy on the web. With over 250 million people accessing Shareaholic each month, Shareaholic has permission to an unparalleled amount of aggregate social data and reach to create targetable audiences for advertisers to drive even more quality visibility, traffic, leads and views to websites and content via real-time bidding platforms.
Kinvey has raised $5M in funding led by Avalon Ventures, along with Atlas Venture. Kinvey, located in Cambridge, MA, is a Backend as a Service platform that makes it ridiculously easy for developers to setup and operate backends for their mobile, tablet and web apps.
As per their blog, Crashlytics in Boston has acquired Fire Tower, a Javascript error detection library that provides insightful error reports. Crashlytics is a technology company that produces crash reporting software for mobile applications.
Telerik, an end-to-end provider of software development and collaboration solutions, today announced the acquisition of NimblePros, a leading service provider of custom software solutions and training. The entire NimblePros team, including founders Steve and Michelle Smith, will be joining Telerik as part of its Enterprise Services Group.
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.
As per SEC filings, Embed.ly has raised $320K in seed funding. Emded.ly is the new link, replacing URLs with engaging videos, images and media. Through a suite of tools, plugins and APIs, Embedly is the source for embedding content and previewing links on the web. With Embedly, clients can target their content, implement custom advertising, and engage end-users
ROAM Data, the company behind a vast majority of the encrypted mobile card readers shipped in the past year and the leading mCommerce platform-as-a-service provider, announced today that Ingenico has invested in the company to further fuel its growth and to jointly offer its mCommerce solutions to payment service providers worldwide. With Ingenico’s cash infusion and strategic partnership, ROAM now has the backing of a billion euro company behind its innovative team of mCommerce experts to further strengthen its core competence and solutions to its customers.
Akamai Technologies, Inc. (NASDAQ: AKAM) announced today that it has acquired Blaze Software Inc., a provider of frontend optimization (FEO) technology, in a cash transaction. The acquisition is expected to complement Akamai's market-leading site acceleration solutions with technology designed to optimize the speed at which a web page is rendered, regardless of end user device.
KnowledgeVision Systems, a leading creator of tools and services for creating online, on-demand and live multimedia presentations, has closed $2 million in Series A financing from a group of investors led by GrandBanks Capital. The company will use the funds to expand its software tool and service offerings, and to accelerate its market development activities worldwide. KnowledgeVision is already in use in many of the leading technology, healthcare, financial services, retail, professional services, and not-for-profit organizations in the world.
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, Marginize has raised $1.32M in funding. Marginize is a browser plugin that augments every page on the Web with a sidebar enabling users to see what the world is saying about the page on Twitter, Facebook and Buzz, and interact with each other through comments and check-ins.
Shareaholic, a startup in Cambridge, has raised $2M in funding. Shareaholic makes content sharing on the web faster and easier, while also making it simple for web publishers, advertisers and mainstream businesses to measure the effectiveness of their content.
With more than 2 million browser plugin installations and hundreds of thousands of publishers using Shareaholic’s content sharing tools, Shareholic reaches more than 250 million unique monthly visitors and has permission to an unparalleled amount of aggregate social data and reach to create targetable audiences for advertisers. This data drives even more quality visibility, traffic, leads and views to websites and content through real-time bidding platforms.
Investors include General Catalyst Partners, Nextview Ventures, Boston Seed/Nicole Stata, Dave McClure (500 Startups), Dharmesh Shah (HubSpot), Stephano Kim (X+1), David Cancel (Compete, Performable), Brian Shin (Visible Measures), Prof. Ed Roberts (MIT Sloan, Sohu), Roy Rodenstein (HackerAngels), Jonathan Kraft (The Kraft Group), and more.
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 reported by Mike Arrington on his Uncrunched blog, Nuance has acquired Seattle-based startup Swype for over $100M.
Swype provides a faster and easier way to input text on any screen. With one continuous motion across the screen keyboard, the patented technology enables users to input words faster and easier than other data input methods. The application is designed to work across a variety of devices such as phones, tablets, game consoles, televisions, virtual screens and more.
Yesware has raised $1M in funding from Google Ventures, Foundry Group, and other investors. Yesware, based in Cambridge, MA, is a startup that helps
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.