Find top talent in the Boston area on VentureFizz's Job Board... post a job
Boston, MA
As reported by Scott Kirsner, Disruptor Beam has raised a round of seed funding. Investors include Russ Wilcox (former E Ink CEO), Alex Rigopoulos (Harmonix CEO), Eran Egozy (former CTO at Harmonix), & Mike Dornbrook (former COO at Harmonix). Disrupor Beam is a game development startup that was founded by Jon Radoff.
SessionM, the mobile engagement engine for the app economy, announced a $20 million Series B round of financing led by Charles River Ventures. SessionM's current investors, Highland Capital Partners and Kleiner PerkinsCaufield and Byers (KPCB), also fully participated in the round. The companywill use the financing to hire top talent and continue rapid expansion of its platform, technology and network footprint.
As per SEC filings, Intronis in Boston, MA has raised $2.9M in funding. Intronis Cloud Backup and Recovery is a world-class cloud backup solution for the IT channel.
ShopRunner, a members-only online shopping program that offers exclusive benefits, including free 2-day shipping and free returns, today announced the acquisition of Boston-based PickupZone. PickupZone operates a network of pick-up locations that offers customers the ability to shop anywhere online and get their packages when and where they want. Working across multiple retailers, PickupZone is the forerunner in making urban package pick-up easy, secure, and convenient.
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 the company's blog post, AisleBuyer in Boston, MA has been acquired by Intuit. Details of the acquisition were not disclosed. AisleBuyer is a mobile commerce platform and app company that previously raised $11M in funding.
Visible Technologies® today announced the acquisition of Cymfony, combining the two award winning social media analytics and insight solution providers. Cymfony and Visible customers benefit by gaining access to expanded solutions with far-reaching global capabilities. The new Visible will be led by Richard Pasewark, former President of Cymfony, who steps forward as the new CEO of Visible Technologies.
Boundless Learning in Boston has raised an $8M Series A round of funding. The round was led by new investor Venrock and included previous investors - NextView Ventures, Kepha Partners, Founder Collective, and SV Angel. Boundless is reinventing the textbook, where they turn textbooks into an interactive and engaging experience with videos, instant search, highlighting, notes, and more.
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.
As per their blog post, Tracelytics raised $5.2M in funding. Tracelytics is a performance analysis and diagnostic service for web applications. Their
technology traces requests as they travel through each component of an
app's web infrastructure, resulting in intelligent, actionable insights
that help pinpoint performance bottlenecks.
Bain Capital Ventures joins their existing investors Google Ventures, Battery Ventures, and Flybridge Capital Partners in backing Tracelytics.
OpenView Venture Partners, an expansion-stage venture capital firm focused on providing technology companies with deep operational support, announced today that it has raised $200 million for its third fund. OpenView’s largest fund to date was significantly oversubscribed, exceeding its $150 million target to hit a hard cap of $200 million in just three months.
Apperian, Inc. today announced it has closed a $12.4 million round of venture financing, with investments from North Bridge Venture Partners, Kleiner Perkins Caufield & Byers' (KPCB) iFund, Bessemer Venture Partners, and Common Angels, all existing investors in the company. The new round of funding brings Apperian's total financing to $24 million.
Since receiving its first round of financing in March of 2011, Apperian has experienced explosive revenue growth, which is being fueled by the Bring Your Own Device (BYOD) movement. Apperian's GAAP revenue doubled in each quarter during 2011, and the company expects that trend to continue in 2012.
NXT Capital’s Venture Finance Group today announced the closing of a $3 million venture loan to Open Mile, Inc. The facility will enable Open Mile to finance key growth initiatives.
Open Mile is the first automated online logistics provider in the $60 billion transportation brokerage industry that helps both shippers and trucking companies efficiently match supply and demand. Open Mile’s self-service transportation brokerage engine replaces the traditionally manual phone and fax-based task of matching freight loads to available trucks with an intelligent, transparent, easy-to-use platform that uses the latest web and mobile technologies.
Abine, Inc., a leader in online privacy protection for consumers, announced its acquisition of the popular Google Sharing privacy service. Developed by renowned security expert and web engineer Moxie Marlinspike, GoogleSharing anonymizes users’ Google searches, preventing the search giant from gathering personal information about consumers’ search histories.
The changes to Google’s privacy policy, which go into effect today, will allow Google to begin connecting search activity to a user’s profile that spreads across the company’s more than 70 properties. If users are logged into any Google accounts and are using its services, the company will be able to create a profile for them filled with an alarming amount of information that includes every search they’ve run, email they’ve sent or received, video watched on YouTube, conversation had on GChat, and more.
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.
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.
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 Lee Hower's blog, NextView Ventures has completed the fundraising for their first fund, NextView Ventures, LP. NextView is a seed stage VC fund. This initial fund closed out at just over $21M.
Memrise, a Techstars Boston 2011 startup, is announcing today that it has closed a $1.05mm round to develop their online learning platform. A distinguished roster of investors are on board, including Avalon Ventures, Balderton Capital, Matt Mullenweg's Audrey Capital and Lerer Ventures. They're joined by a host of angels including Nabeel Hyatt, former head of Zynga Boston, Jeff Hammerbacher, former head of data at Facebook, and Bill Warner, founder of Avid.
Aereo (formerly Bamboom Labs), a new Internet based television solution for consumers, announced $20.5 million in Series A financing led by IAC (Nasdaq: IACI). Previous investors, including FirstMark Capital, First Round Capital, High Line Venture Partners, Highland Capital Partners and select individuals, participated in the round, bringing Aereo’s total funding to approximately $25 million. IAC Chairman & Senior Executive, Barry Diller, has joined Aereo’s Board of Directors.
Today, Aereo provides an easy to use, proprietary remote antenna and DVR that consumers can use to access network television on web-enabled devices such as smartphones and tablets, and through internet TV solutions such as AppleTV and Roku. Aereo’s members will have access to all of the major networks including CBS, NBC, FOX, ABC, CW and PBS, as well as other local channels and will have the ability to store up to 40 hours of programming through their Remote DVR. No cords or cable required.
Aereo has offices in NYC & Boston.
Three of the nation’s leading Blue health plans that
work with more than 70,000 physicians and hospitals to deliver care to
more than 11 million people announced today they are partnering with health IT provider Lumeris Corp. to acquire NaviNet. NaviNet is the nation’s largest real-time communication network for physicians, hospitals, and health insurers.
Lumeris and the three Blues — Highmark, Horizon Blue Cross Blue Shield of New Jersey (Horizon), and Independence Blue Cross
(IBC) — have signed an agreement to acquire NaviNet for an undisclosed
price. The transaction is expected to close within 30 days, subject to
customary closing conditions.
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.
Spin Transfer Technologies, Inc. a leading developer of a
breakthrough MRAM universal computer memory technology announced today
that it secured $36 million in Series A funding. The raise was led by
its Boston-based parent company, Allied Minds and Invesco Asset
Management.
Spin Transfer Technologies (STT) will use the funds to scale operations,
purchase equipment and grow its team to accelerate development of its
patented orthogonal spin transfer magneto resistive random access memory
technology (OST-MRAM). The company is poised to create the next
generation of memory applications combining the non-volatility of flash
with the read and write performance of DRAM and SRAM into one, seamless
product. Initial performance data from STT bit cells has far exceeded
industry standards in key areas.
Today, Media Armor is proud to announce our $1.5M Series A, and welcome investors, new and old alike, to the fold!
Founded in 2010 by Eric Brown and Elizabeth Zalman,
Media Armor’s raison d’être is rooted in mobile, the most exciting
medium of our time. We believe that mobile display, at a minimum,
should be approached with the same sophistication and accountability as
online. Through our display, we enable Brands and Retailers to acquire
new customers, keep existing ones loyal, and remarket to past site
visitors. All programs are run with a traditional test-and-control,
isolating the view-based incremental-impact of our media. Media Armor
is the first in mobile to offer view-through, quantitative
test-and-control, and ID-level decisioning based upon a brand’s own data
set.
Our round was led by Geoff Judge of iNovia Capital and Ian Sigalow of Greycroft Partners, and investors include Neu Venture Capital’s Jerry Neumann, Brian Cohen, Chairman of New York Angels, John Taysom, Investor and currently on a Fellowship year at Harvard, Jeffrey Silverman of Laconia Ventures LLC, Philip Grieshaber, Principal Scientist at Adobe, Justin Siegel, Co-founder & CEO of Mocospace, and Steve Tinlin, Investor and ad tech veteran.
Kenexa (NYSE:KNXA), a global provider of business solutions for human resources, today announced that it has entered into a definitive merger agreement with privately-held OutStart, a leading provider of Software as a Service (SaaS) e-learning solutions and services. The closing of the transaction is subject to customary conditions, including the receipt of stockholder consent. Kenexa expects to close the transaction on Monday, February 6, 2012. This acquisition, when consummated, will expand Kenexa’s reach into the e-learning market and enable Kenexa to provide a broader and deeper suite of talent management solutions. Kenexa will integrate OutStart’s Learning Management Suite, which includes award-winning social and mobile learning solutions, with Kenexa’s Global Talent Management solutions including its Performance Management suite.
As reported by The New York Times, Bain Capital Ventures in Boston has raised a $600M new fund. Bain Capital Ventures is the venture arm within Bain Capital. The firm's history of investing in early stage companies dates back to 1984 with over 125 venture investments to include Staples, LinkedIn, Kiva, Shopping.com, Taleo Corporation, Liberty Dialysis, SolarWinds, DoubleClick, Lala Media, m-Qube, ProfitLogic, SurveyMonkey and MinuteClinic.
netBlazr announced today that it has raised $275K and has another $50K committed to its efforts to expand its innovative free internet service to Boston businesses. With Carbonite (a netBlazr co-op member) Founder and CEO David Friend leading the round, netBlazr continues discussions with additional investors and angels interested in revolutionizing broadband in America.
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,