Andover, MA
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.
Exinda, a global provider of WAN optimization solutions incorporating Unified Performance Management, today announced that it has secured $12M in a series B funding round. The round saw participation from existing investor OpenView Venture Partners as well as attracting new investment from Greenspring Associates. The funds will be used as working capital to support Exinda’s continued market penetration and targeted growth in the wake of a 116% increase in revenues during the course of 2011.
Polatis, Inc. the performance leader in all-optical switch technology, today announced it has secured $2.7M (USD) in additional funding from the company's existing investors. Polatis is a privately held company backed by well known technology-focused venture capital and private equity investment firms in the USA and Europe.
Polatis' investors include Flagship Ventures, JK&B Capital, DFJ Esprit, Encore Ventures, Alta-Berkeley Ventures, Massachusetts Technology Development Corporation, Prism VentureWorks and Gainesborough Investments.
According to SEC filings, SeeWhy in Andover, MA has increase their recent round of funding to $2.25M. SeeWhy is a real-time shopping cart recovery service to follow up in real time via email and social networks.
Boston and Nashville-based technology company, Moontoast, creator of social commerce software, has recently secured $6,000,000 in new funding. The round was led by Nashville, TN based venture capital firm, The Martin Companies. Other current investors are also participating in the round.
The Moontoast Platform is a Social Activation Engine for brands to grow and build stronger relationships with their fans and customers. By distributing social campaign modules for promotions, events, downloads and commerce wherever fans spend their time, Moontoast is able to provide high quality social analytics insights to drive more relevant interactions, thereby activating fans to advocate for and to transact directly at the point of impression with brands to drive meaningful business results. Moontoast’s Platform includes Distributed Social Commerce Stores, Patent-Pending Social Analytics to give brand’s social insights and Patent-Pending Game Commerce to easily incorporate gamification elements that target different behavior-type consumers.
As reported by Scott Kirsner, Pixtronix in Andover was acquired by Qualcomm. Details of the acquisition were not made public, but per Scott's article, the price was between $175-200M. Investors included Atlas Venture & Kleiner Perkins.
Pixtronix is an emerging company that develops display technologies optimized for portable multimedia devices. Their PerfectLight Displays combine the best image quality at the lowest power consumption for all applications and are designed to scale from mobile devices to desktop displays through HD televisions.
Today, we announce our acquisition by Quest Software (NASDQ: QSFT). VKernel will continue to operate as an independent subsidiary of Quest, building, selling and marketing the same award-winning performance and capacity management solutions that we have in the past. We are excited to be a subsidiary of Quest and as I will outline below, believe this is a big win for our customers, potential new customers, partners and employees. But beyond today’s announcement, it will be business as usual for VKernel, except the new VKernel will be turbo-charged with the backing of Quest. This turbo-charging has been enabled by our product and market success and will carry us to a new stage of accelerated growth.
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.
August 16, 2011: Drake Software, a leading tax preparation software vendor, today announced it has acquired the Copanion GruntWorx product line - the profession's most advanced SaaS-based paperless tax workflow system. Acquiring GruntWorx firmly positions Drake within the cloud technology space and further augments their current product offerings.
August 5, 2011: According to SEC filings, SeeWhy in Andover, MA has increase their recent $900K in funding to $1M. SeeWhy is a real-time shopping cart recovery service to follow up in real time via email and social networks.
May 13, 2011: According to SEC filings, SeeWhy in Andover, MA has raised $917K in funding. SeeWhy is a real-time shopping cart recovery service to follow up in real time via email and social networks.
May 5, 2011: According to SEC filings, Helium in Andover, MA has raised $10M in debt and options financing. Helium is home to the world's largest writer community with thousands of writers who share their expert knowledge, insight and point of view on virtually any topic.
February 2, 2011: Time Warner Cable Inc. (NYSE: TWC) and NaviSite, Inc. (NASDAQ: NAVI) today announced that they have entered into an agreement under which Time Warner Cable will acquire NaviSite, a premier provider of enterprise-class hosting, managed application, messaging and cloud services, for $5.50 per share in cash, or a total equity value of approximately $230 million.