Boston, MA

Bolt Accelerator raises $3.5M in funding

As per SEC filings, Bolt has raised $3.5M in funding.  Bolt is an accelerator focused on hardware startups.  They are expecting to raise approximately $5M total for their first round of funding.

Cloudant raises strategic investment from Samsung Ventures

Cloudant, a leading provider of a globally distributed database-as-a-service (DBaaS), today announced that Samsung Venture Investment Corporation (Samsung Ventures) has made a strategic investment. The funding will be used to advance research and development to further improve global data distribution technologies and mobile application data management.

Sonicbids acquired by Backstage

Backstage, LLC, the world's most trusted name in casting, auditions and entertainment-industry opportunities, today announced that it has acquired Sonicbids, the leading platform for bands to connect with promoters and market themselves online. The deal, financed by Guggenheim Partners, combines the two leading entities for actors, musicians, casting directors and promoters to showcase and discover talent. Terms of the transaction were not disclosed.

Backstage and Sonicbids come from the same heritage of matching artists with opportunities. For more than 50 years, Backstage has been the world’s most trusted name in casting, auditions and entertainment-industry opportunities. It helps actors, singers and dancers find opportunities, while connecting casting directors, producers, directors and choreographers with amazing talent.

 

Quantopian raises funding

Boston based Quantopian has raised initial funding from Spark Capital and GETCO.  Quantopian is a platform for you to build and test trading algorithms. It's a place to meet other algorithm writers, to share ideas, strategies, and trading experiences.

Humedica acquired by UnitedHealth Group

As reported by the Boston Business Journal, Humedica in Boston, MA has bee acquired by UnitedHealth Group for hundreds of millions.  Humedica is a clinical intelligence company that provides private cloud-based business solutions to the health care industry.

MediaSilo raises $2.25M in funding

Cloud media management service MediaSilo announced today that it has closed a $2.25 Million Series A round led by Boston-based Schooner Capital. MediaSilo will use the funds to accelerate growth in new markets and strengthen its position as a pioneering leader in video management, collaboration, and distribution.

MediaSilo’s platform makes it easy to work with video from anywhere. The platform provides an online media library, with collaboration and delivery tools for any video workflow. Users can set up branded microsites for sharing video beautifully and securely. MediaSilo currently manages millions of videos, graphics, audio and documents for over 400 companies, including media enterprises, production companies, retail brands, pro-sports teams, hospitals, and colleges.

 

Apperian raises additional funding

Enterprise mobile application management (MAM) pioneer Apperian, Inc. today announced that the company has received a strategic investment from Intel Capital, Intel’s global investment and M&A organization. The additional capital builds on previous investments from top firms including Bessemer Venture Partners, Kleiner Perkins Caufield & Byers, and North Bridge Venture Partners and brings Apperian’s total funding to date to $28 million.  The investment comes at a time where Apperian is seeing significant growth due to the increasing demand for technology that can help enterprises manage and secure mobile applications and tackle BYOD head-on.

Jebbit raises $229K in funding

Jebbit in Boston, MA has raised $229K led by Boston Seed Capital.  Other investors include John Simon (Partner at Sigma Prime Ventures) and Dharmesh Shah of HubSpot.  Jebbit, a startup founded by Boston College students, allows companies to create questions highlighting their products and rewards consumers for correctly answering and engaging.

Moontoast raises $5M in funding

Moontoast, a Boston and Nashville-based provider of a social rich media advertising platform, raised $5m in Series B financing.

The round was led by the Martin Companies, LLC, with participation from unnamed existing investors (read here).

The company intends to use the capital to further develop its platform, and expand its business development, sales and client services efforts. It is also adding to its marketing and product development teams.

Digital Lumens raises $10M in funding

Digital Lumens has closed a $10 million round of funding from existing investors including Black Coral Capital, Flybridge Capital Partners, and Stata Venture Partners. Digital Lumens is an LED lighting systems and service provider.

Aereo raises $38M in funding

Aereo announced that it has closed on a $38 million Series B round of financing, led by existing investors IAC and Highland Capital Partners.  Previous investors from Aereo's Series A funding round, including FirstMark Capital, First Round Capital, High Line Venture Partners, and selected individuals, also participated in this second round of financing. 

Aereo is a technology company that provides consumers access to LIVE HD broadcast television on the Internet through use of its remote integrated antenna/DVR technology.  The company's headquarters are based in New York, but they have a development center in Boston.

MustBin raises $1.4M in funding

As per SEC filings, MustBin has raised $1.4M in funding.  MustBin is a stealth mode startup that is founded by serial entrepreneur Brian Shin, who is the founder & CEO of Visible Measures.  According to his LinkedIn profile, MustBin is solving a big consumer problem and is backed by leading VC's and angel investors.

Kyruus raises $11M in funding

Kyruus, a leading healthcare Big Data company, today announced the closing of an $11M Series B financing. The investment was led by Lux Capital, with participation from Fidelity Biosciences as well as existing investors Venrock and Highland Capital Partners. The financing brings the total amount raised by Kyruus to $19.6M since its inception in 2010.

WegoWise acquires Melon Power

WegoWise, a leading building performance analytics provider, today announced that it has reached an agreement to acquire Melon Power, an award-winning analytics platform for the commercial building sector. WegoWise will extend its platform with Melon Power's methodology, which leverages Green Button and other utility data to help commercial buildings affordably and easily receive Energy Star benchmarks. The acquisition is expected to close in the first quarter of 2013.

RallyPoint raises $1M in funding

RallyPoint, the Boston-based provider of a LinkedIn-type online service exclusively for U.S. military service members, announced on Tuesday it raised $1 million from a group of angel investors in December.

Founded by two veterans who met first while in Iraq and reunited at Harvard Business School, RallyPoint is designed to help service members advance their careers. The service launched onNov. 12, Veteran’s Day.

.406 Ventures raises a new $175M fund

As reported by Scott Kirsner, .406 Ventures in Boston has a raised a new $175M fund.  .406 Ventures is an early stage VC firm focused on technology companies.  Sample portfolio investments include Bit9, Memento, MineralTree, Mashery, Iora Health, and Veracode.

Wayfair raises $36M in funding to fuel growth of Joss & Main
Wayfair.com the largest online retailer of home goods and furnishings, announced today that it has secured $36.3 million in new equity financing to fuel the growth of Joss & Main (jossandmain.com), the company's private sale site for the home. Joss & Main has acquired nearly three million members and is operating at a $100 million annual revenue run-rate to become the fastest growing flash sale site for home goods and furnishings. Investors include Battery Ventures, Great Hill Partners, HarbourVest Partners and Spark Capital.
Marginize raises $300K in funding

As per SEC filings, Marginize in Boston, MA has raised $300K in funding.  Marginize enables real-time conversations in the margin of any website.

Playrific raises $1.7M in funding

Playrific, a leading digital media aggregation service for children, announced today that it has closed an oversubscribed $1.7 million round of equity financing. The funding was lead by Golden Seeds, a network of angel investors dedicated to investing in early stage companies founded and led by women, with participation of investors from a variety of other angel groups including Launchpad Venture Group, Walnut Ventures, Northeast Angels and Maine Angels.

Promoboxx has raised $1.35M in funding

As per their blog post, Promoboxx has raised $1.35M in funding.  Promoboxx is a brand-to-retailer marketing platform that allows brands to launch co-branded, customized online campaigns with their retailers in order to strengthen relationships, localize national content, and reach more consumers.

Their investors include:  Launch Capital, Boston Seed, SK Ventures, Common Angels, Stage 1 Ventures and over 30 individual investors that include Jean Hammond, Walt Winshall, Michael Mark, Mike Dornbrook, Rich Greenfield, Adam Berrey, Dave Balter, David Kaufmann, and much too more to list.

Innoveer Solutions raises $2.7M in funding

As per SEC filings, Innoveer Soultions in Boston, MA has raised $2.7M in funding.  Innoveer is dedicated to delivering rapid, cost-effective and successful CRM programs to a variety of companies.

CareerNumbers raises $1.1M in funding

As per SEC filings, CareerNumbers in Boston, MA has raised $1.1M in funding.  CareerNumbers provides career benchmarking service to sales professionals, enabling them to anonymously benchmark their career numbers to groups of their colleagues.

Bullhorn acquires MaxHire Solutions and Sendouts
Bullhorn, the global leader in recruiting software, today announced that it has acquired two companies: Vancouver, Canada-based MaxHire Solutions and St. Louis-based Sendouts. Both MaxHire and Sendouts provide recruiting software-as-a-service. The combination creates the world’s largest and most experienced recruiting software team with an unequaled capacity to develop, service and support the most complete set of pure SaaS recruiting software capabilities available.
Getabl / Pingup raises $4M in new funding

As per SEC filings, Getabl in Boston, which powers Pingup has raised $4M in funding.  Pingup is a enables consumer to business text-based communication.

Lookout Gaming raises $1.3M in funding

As per their company blog, Lookout Gaming has raised $1.3M in seed funding from Atlas Venture, NextView Ventures and gaming industry veterans Mark Jung and Jeff Natland.  Lookout Gaming is a stealth mode startup that is changing the world of mobile gaming forever. We're creating a totally new kind of gameplay for gamers and unlocking new revenue streams for developers that will dwarf those coming from today’s archaic banner ads.

Spindle raises $2.3M in funding

Spindle in Boston, MA has raised $2.3M in funding.  Investors in Spindle include Polaris Venture Partners, Atlas Venture, Greylock Partners, Lerer Ventures, SV Angel, Broad Beach Ventures, Project 11, Ray Ozzie, and Raman Narayanan.  Spindle is building products that weave the online social world together with the world around you.

Streetwise Media acquired by American City Business Journals

American City Business Journals, the nation’s largest print and online publisher of local business news, has acquired Streetwise Media, a Boston-based digital media company that uses a community publishing platform to cover local news.  Terms of the transaction were not disclosed.

CoachUp raises $2.2M in funding

As per PandoDaily, CoachUp in Boston, MA has raised $2.2M in funding from General Catalyst.  CoachUp helps athletes achieve their full potential by connecting them with great private coaches.  They recently graduated from the TechStars Boston accelerator program.

Intronis raises $12M in funding

Intronis, Inc., the leading provider of world-class cloud backup solutions for the IT channel, today announced the company received $12 million in funding led by new investor, Greenspring Associates, with participation from OpenView Venture Partners and the company’s executive management team.

Interim CEO Jay Bolgatz said Intronis will use the funding to hire additional associates, drive greater technology innovation and expand the company’s market reach in the U.S. and abroad. “This is a tremendous opportunity for Intronis to build on the success of our technology and further support our channel partners with the industry’s leading cloud backup and recovery solution and support,” explained Bolgatz.

ConnectEdu raises $5M in funding

As per SEC filings, ConnectEdu in Boston, MA has raised $5M in funding.  ConnectEdu is a technology company, founded and grounded in education, committed to transitioning 21st Century Learners on their pathways from school to college to career, helping them realize their potential, achieve a secure financial future, and ultimately connect to life's possibilities.