Boston, MA

OpportunitySpace Secures $500,000 Seed Round

The founding team at OpportunitySpace is thrilled to announce that we have secured $500,000 of our first outside funding for our seed round from a diverse set of real estate industry related investors.  OpportunitySpace is an online marketplace for urban development opportunities ( Our team works in close partnership with city and town governments as well as other public entities to identify and drive creative redevelopment to undervalued property in urban areas.

OpportunitySpace CEO Alexander Kapur says, “Our funding validates the investment potential in the surging real estate and public sector technology verticals. More broadly, it signals strong support for ventures that are solving urban issues, such as disinvested real estate. We hope this inspires entrepreneurs and investors who are pushing innovation for cities and towns.” READ MORE


TripAdvisor Acquires Iens

TripAdvisor has agreed to acquire top Dutch online restaurant review and booking sites Iens, the companies said on Thursday, giving the travel website a leading position in the Netherlands., which has reviews of 20,000 restaurants and roughly 20 million annual visitors, allows users to book tables through SeatMe, which will also be acquired by Tripadvisor. READ MORE

Learn more about TripAdvisor on their VentureFizz BIZZpage!


Everbridge Acquires Strategic Assets of Nixle

Everbridge, the worldwide leader in unified critical communications, has acquired the assets and team of San Francisco-based Nixle, a leading software platform for local, public safety and service communications. The combination of Everbridge’s market dominance in emergency notification, with Nixle’s innovative approach to community engagement, will redefine the way that organizations communicate and collaborate with local residents, schools and businesses.

Nixle delivers real-time, relevant information from public safety agencies to local communities, encouraging interaction and engagement. The company has grown to support over 7,000 public safety and government agencies at the local, county and state level, and millions of opt-in users. The combined Everbridge/Nixle team will expand the use of community notifications and shared intelligence to reach residents, educators, public safety professionals, local businesses and community leaders. READ MORE

Learn more about Everbridge on their VentureFizz BIZZpage!


Jana Raises $12.5 Million

According to SEC Filings, Jana, a mobile technology platform that connects emerging market consumers with global brands using mobile airtime, has raised $12.5 Million. READ MORE

eRecruit Raises $12M

According to SEC filings, eRecruit, the leading innovator in enterprise staffing software, VMS and onboarding solutions for large staffing firms and employers, has raised $12 Million in funding. READ MORE

Dun & Bradstreet Acquires NetProspex

Dun & Bradstreet (NYSE: DNB), the world's leading source of commercial information and insight on businesses, today announced that it has acquired NetProspex, the Massachusetts-based company that is a leader in B2B professional contact data and data management. The acquisition combines NetProspex's comprehensive professional contact database with Dun & Bradstreet's proprietary global business data and analytics.

"Dun & Bradstreet already provides our customers and partners the most comprehensive view of companies around the world, and now our customers can reach the largest, most accurate set of decision makers and decision influencers," said Bob Carrigan, president and chief executive officer and director of Dun & Bradstreet. "This acquisition fills a growing need for marketers by providing an actionable view of companies and the people who run them, putting quality relationship insight at the center of their marketing data strategy." READ MORE


SolarWinds Invests in AppNeta

AppNeta, the technology leader of Full Stack Application Performance Management (APM) solutions, announced today a strategic partnership with SolarWinds® (NYSE: SWI), an IT management leader serving over 150,000 customers worldwide including small to medium sized businesses and 425 of the Fortune 500 companies. Through AppNeta’s innovative, cloud-based approach to performance management, and through SolarWinds’ investment in AppNeta, the two companies will explore opportunities to meaningfully connect IT infrastructure to application delivery to drive an improvement in the overall performance and value of mission-critical business applications...  READ MORE

Rethink Robotics Announces $26.6 Million Series D Round of Financing

Rethink Robotics today announced $26.6 million in Series D financing, led by GE Ventures, with additional participation from Goldman Sachs, both new investors. All of Rethink Robotics’ earlier investors are also participating in the round, including Bezos Expeditions, CRV, Highland Capital Partners, Sigma Partners, Draper Fisher Jurvetson, and Two Sigma Ventures. The funding will be used to support the company’s continued innovation, growth, and international expansion, and reflects Rethink Robotics’ position as a leader in the emerging market of collaborative robotics. This new investment brings the company’s total funding to more than $100 million since its founding in 2008.

“Our customers are building the factories of the future, and our technologies have become an important part of their efforts,” said Scott Eckert, President and CEO at Rethink Robotics. “Our new and existing investors recognize the enormous market potential for smart, collaborative robots in manufacturing, and they share our vision for driving ongoing product innovation, volume deployments and continued expansion into global markets.”

Learn more about Rethink Robotics on their VentureFizz BIZZpage!

par8o Announces $10.5 Million in Series A Funding

par8o, Healthcare’s Operating System, today announced $10.5 million in Series A funding from Atlas VentureFounder CollectiveCHV Capital and other investors. Since the company’s founding in 2012, a growing and diverse list of organizations have adopted the par8o platform, including the largest employer in the State of Nevada, MGM Resorts, and several pre-eminent academic medical centers, including Harvard Medical School affiliated hospitals in Boston and facilities that are part of the Mount Sinai Health System in New York.

Started by the physicians who founded SERMO, the largest on-line physician community in the world, par8o traces its roots back to the on-line discussions around the Affordable Care Act (ACA). Even then, physicians recognized that success in the new era of healthcare would require a new approach to matching the right patient to the right resource at the right time. The par8o Healthcare Operating System allows healthcare organizations to optimize their networks of providers and other resources to deliver quality care by applying one of the most powerful and proven principles in economics: Pareto Optimization. This approach, and the EMR-agnostic technologies par8o has developed to implement it, are well-suited to the complex, multi-constituency nature of healthcare because they achieve continuous efficiency improvements while balancing the needs of all parties. READ MORE

SiteSpect Raises $13M in Funding

NewSpring Capital, a family of private equity funds, announced today that NewSpring Growth Capital, the firm's dedicated technology and business services growth equity fund, has invested $13 million in a minority financing in SiteSpect, Inc. ("SiteSpect").  This represents the Fund's sixth deal of 2014 as a closing was held on December 29, 2014.

This is the first outside funding received by the A/B and multivariate testing provider that incorporated in 2004.  Since its founding, SiteSpect has been a recognized leader with its unique SaaS-based optimization technology that enables marketers, product managers and developers to test and optimize the entire digital user experience and increase revenue.  Backed by a strong executive team and unique, patented technology, SiteSpect provides the only true enterprise-grade A/B and multivariate testing platform to the world's largest and most successful online brands. READ MORE


EnerNOC Completes Acquisition of World Energy Solutions

EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS), today announced that it has closed the previously announced acquisition of World Energy Solutions, Inc. (Nasdaq:XWES), an energy management software and services firm that helps enterprises simplify the energy procurement process through a suite of Software-as-a-Service (SaaS) tools. To date, World Energy has transacted more than $45 billion in electricity, natural gas, and environmental commodities for its customers, making it one of the top energy procurement specialists in the U.S. by revenue and volume.

"We're excited to finalize the acquisition of World Energy Solutions, shift our focus to the integration of our product platforms and teams, and deliver additional value to our enterprise customers," said Tim Healy, Chairman and CEO of EnerNOC. READ MORE

The Green D Fund Announces First Fund

Today the Green D Fund announced the initial close of its first fund: The Green D Founders Fund. The Fund will back ventures with ties to Dartmouth and support the Dartmouth alumni entrepreneurial network. Total commitments to date are $1.5 million. 

The initial fund includes 40 Dartmouth alums. This first close allows the fund to immediately start investing. A second and final close is scheduled for January 30, 2015. The fund plans to make 12-18 investments in Dartmouth alumni-led businesses over the next 18 months. 

“Our investors span five generations and come from all around the country,” said Michael Collins (Dartmouth ’86), Lead Manager of the Green D Fund. “Given the widespread engagement we've seen, there's no doubt that the fund addresses a real interest of Dartmouth alums to invest in other Dartmouth alums. There are many reasons our supporters are attracted—to conveniently invest in an inconvenient asset class, to support Dartmouth's entrepreneurial ecosystem, and most importantly, to pay it forward." 

Fund Process and Management

Deals will be sourced from across the Dartmouth network, then vetted, selected, and tracked by an experienced Investment Committee consisting of Dartmouth alumni. The Fund will also support portfolio companies by connecting them to other alums for networking and mentoring. Compliance, back office, investor relations, and various other support functions will be fulfilled by the Green D Fund's advisor, Launch Angels. Launch Angels specializes in establishing and supporting alumni angel groups. 

In addition to Collins, the Investment Committee includes a number of notable Dartmouth entrepreneurs and investors. They include Scott Anthony (’96), Sean Byrnes ('00), Tom Caputo (’96), Wendy Miller (’84), and Alex Tonelli ('06). 

“There’s no question there is lots of buzz around the Green D Fund,” said Sean Byrnes. “This just confirms the vitality of our alumni community and Dartmouth's reputation as one of the top entrepreneurial schools in the nation.” 

Collins added, "It's a great beginning for the fund, but this is just the start. We have a lot of exciting plans for the Green D Fund."


About the Green D Fund, LLLP

The Green D Fund ( gives Dartmouth alums the chance to invest in Dartmouth-alumni led ventures. We are independent and return driven, but are also pleased to support the Dartmouth entrepreneurial community. Deals are sourced from the entire Dartmouth network, then vetted, selected, and tracked by our experienced Investment Committee.

The Green D Fund is an independent, for-profi­t company. It is not affiliated with nor officially sanctioned by Dartmouth College. Launch Angels Management Company, LLC (LAMC), is an advisor to the Green D Fund, LLLP. For more information and to inquire about participation in the second close, contact

Investment Risks

Investors should consult with their financial and tax advisors before considering an investment. Early stage companies are risky investments, not suitable for all investors—even accredited ones. 

About Launch Angels 

Launch Angels ( custom tailors Affinity Venture Funds to your group’s unique structure, investment goals, desired engagement level, and investment process. We work with you to define fund size, budget for each investment, and deal criteria, then handle all management, reporting, filing, and tracking. For more information, please contact


CampusTap Closes Seed Round

Today, CampusTap (, the private social platform for colleges, announced that they have fulfilled their 500K seed round of funding. The round was led by several Boston angel investors including Douglas Leighton at Dutchess Capital and Bob DeMaria, Partner at Rally Software. The funds will be used for product development and team expansion in engineering to support their upcoming mobile application.

CampusTap was founded in 2013 by Remy Carpinito with a vision to bridge the gap between on-campus activities and job placement. Discovering that career development occurs earlier in the student lifecycle, the platform tracks on-campus interactions the second they set foot on campus. “By understanding the students better, our dynamic recommendations engine can hyper target them with relevant internships and jobs enhancing career services efforts” said CEO and Founder, Remy Carpinito... READ MORE


Qualtré Secures $9M Strategic Investment Round

Qualtré, Inc., the leading innovator of Bulk Acoustic Wave (BAW) silicon MEMS inertial sensors, today announced $9 million in funding from two strategic partners, including Alps Electric, along with current investors, Matrix Partners and Pilot House Ventures. Qualtré will use these funds to expand sales and marketing, scale operations, and extend product development as the company supports new customers and additional applications.

“Qualtré launched two BAW MEMS gyroscopes in 2014 with strong customer acceptance,” commented Edgar Masri, President and CEO of Qualtré. “These robust gyros offer higher accuracy with superior shock and vibration immunity at competitive price points. This makes them ideal for the challenging demands and harsh environments of industrial and high-performance consumer applications, such as inertial navigation, platform stabilization, robotics, unmanned vehicles, sports measurement, medical wearables, and the Internet of Things.” READ MORE


Salsify Raises $8M in Funding

Salsify, the cloud-based content management for e-commerce company, announced this morning that they have raised $8 million in a Series A round of funding from Matrix Partners and North Bridge Venture Partners.

The company's SaaS product enables enterprises to share a wide array of different content through a cloud-based network, allowing for data, pictures, and written content to be exchanged more easily in the high-paced world of e-commerce... READ MORE

Rapid7 Receives $30 Million Investment

Rapid7, a leading provider of security analytics software and services, today announced that it has received $30 million in additional funds from its long-standing investors, Bain Capital and Technology Crossover Ventures (TCV). The stockholders increased their investment in Rapid7 to enable the Company to maximize on the incredible growth opportunity presented by its latest innovative technology and strategic security services, which help customers radically improve security incident detection and speed response, and build better enterprise security programs. Interest in these offerings has been so compelling that Rapid7's leadership and investors capitalized on a timely opportunity to further the development of the solution and market while continuing to drive innovation in the Company's core threat exposure management portfolio. 

"At Rapid7, we design our products and services with a relentless focus on making it easier for enterprise customers and organizations to execute effective security programs. We believe companies can be successful in security without slowing down their business," said Corey Thomas, president and CEO of Rapid7. "This infusion of funds will enable us to capitalize on the tremendous growth and success we have seen this year by accelerating our leadership, market share, and development in intruder analytics and services, while continuing to innovate to better serve our existing customer base." READ MORE

Adelphic Secures $11M Series B Funding

Adelphic, a leading mobile advertising demand-side platform (DSP), announced today that it has secured $11 million Series B funding that will enable the company to capitalize on the explosive growth in the programmatic advertising space. This round of funding was led by Blue Chip Venture Company, along with participation from current investors Matrix Partners and Google Ventures.

The advertising landscape is changing – 80 percent of digital advertising spend will switch to programmatic by 2017. Adelphic is a leading architect of this shift. The company’s patented technology has brought true programmatic buying to mobile at a scale and effectiveness not previously seen in mobile and, in so doing, has become the preferred mobile DSP for many of the world’s leading agencies and trading desks. READ MORE


Freight Farms Receives Investment from Spark Capital

We’ve got some big news! We’re thrilled to announce Freight Farms is now partnering with Spark Capital, and it couldn’t be a better match. We believe in utilizing design and technology to challenge the status quo while simultaneously inspiring change… and so does Spark!

Here at Freight Farms, our mission is to create a more sustainable and connected food system by providing the tools that enable fresh food production in any environment.  Our farms are already operating in cities across the United States and Canada, creating year-round access to local, fresh produce for restaurants, universities, corporate campuses, hotels, and small businesses. READ MORE

Mavrck Announces $2.5M Series A Funding

Mavrck, out of Techstars Boston, today announced $2.5M Series A funding from GrandBanks Capital... READ MORE


Splitwise Raised $1.4M

I’m happy to announce today that Splitwise has raised $1.4MM in new seed funding from leading tech investors. Raising outside money means we can continue to invest in building the world’s best product for reducing the stress of money in relationships. Hooray! READ MORE 

Autodesk Acquires Terrible Labs

As reported by Dennis Keohane and BetaBoston, Autodesk has acquired local mobile and Web app development shop Terrible Labs.


American Well Raises $80 million Series C Funding Round

Telehealth Leader Files with SEC in oversubscribed $80 million Series C Funding Round

Today, national telehealth leader American Well announced that it has raised additional capital and added new institutional, private equity, and corporate partners to its ownership roster. Among its strategic investors are now some of the largest health plans and academic medical centers in the nation who provide both financial support and strategic guidance to advance the company’s leadership in mobile and web services. American Well immediately connects U.S. board-certified physicians with patients for live, on-demand video visits 24-7, and handles all related administrative, security and record keeping functions.

“Telehealth is about to completely change how people get healthcare,” said Doug Wenners, Senior Vice President for Provider Engagement and Contracting at Anthem. “This is just the beginning of the revolution and we are proud to partner with and invest in American Well, the clear leader in this space.” READ MORE

Dunwello Adds Funding

As reported by BostInno, Dunwello adds funding.  

New investors include Jeff Seibert and Wayne Chang of Twitter, and HubSpot co-founder/CTO Dharmesh Shah and Dave Balter. READ MORE

Carbonite Acquires MailStore

Today, Carbonite announced an agreement to acquire MailStore, a leader in email archiving solutions based in Germany. I wanted to take a moment to fill you in on why we’re so excited.

Carbonite has spent the last couple of years building up our suite of powerful yet simple cloud and hybrid continuity solutions for small and midsize businesses – focusing on server and workstation backup and recovery. As we moved deeper into the SMB market, we saw that many channel partners and SMBs want email archiving as part of their overall business continuity strategy. READ MORE

Neurala Closes Seed Round Investment

Neurala, Inc., which builds software that makes robots smarter so that people can tell a robot what to do instead of how to do it, announced today that it had closed a seed investment round of $750,000. The round was led by the fund run by well-known venture capitalist Tim Draper, Draper Associates Investments, LLC, and by Robolution Capital, the Paris-based venture capital fund dedicated to service robotics.

A pioneer in deep learning technologies that mimic the functions of the human brain, Neurala was named one of the 50 most influential robotics companies in 2014 by Robotics Business Review. The company holds a fundamental patent for the use of deep learning algorithms, often called Artificial Neural Networks (ANN), running on graphic processing units (GPUs), which were originally designed for computer games and 3D graphics. The invention is seen as an important foundation for real-time artificial intelligence  READ MORE


Threat Stack™ Secures Additional $5M in Funding

Threat Stack, the provider of security solutions purpose-built for the Cloud, has raised an additional $5M in funding from Atlas Venture and .406 Ventures.  The additional funding will be used to further develop and commercialize Threat Stack’s cloud security monitoring service, which officially launched last month, and expand its footprint with customers using Amazon Web Services.

Threat Stack’s Software-as-a-Service (SaaS) provides continuous security monitoring on application workloads, helping companies detect malicious activity and protect their systems from intrusions and data loss. Optimized for the cloud, Threat Stack uses a lightweight agent on the host to enable fast deployment, auto-scaling and flexibility in elastic environments.  After a highly successful and over- subscribed beta program, Threat Stack launched on-stage in November at Amazon CTO Dr. Werner Vogel’s Start-up Launch keynote during the AWS re:Invent Conference.

“To address privacy and security challenges in the cloud, there exists a shared responsibility between customers and their Cloud Service Providers (CSP).  Threat Stack provides a security solution that complements the CSPs existing set of security controls, and gives the customer a comprehensive security architecture for all of their cloud resources,” said Doug Cahill, CEO of Threat Stack.  “Our investors share our vision and excitement for the way we’re addressing security challenges in the cloud.  This latest round of funding demonstrates the support and confidence they have in the Threat Stack team as we make our move to expand and grab market share.”


The problem Threat Stack addresses is the visibility gap that exists in cloud environments. Since customers don’t have access to the physical infrastructure and can’t deploy traditional intrusion detection systems or other network-based security controls, they are left without the visibility they need to protect their customers and data. As a result, cloud-resident workloads and the data they access are vulnerable to malicious threats putting them at risk of intrusions and compromise.


“It’s no longer a question of if you are being hacked, but if you know that you are being hacked.  Threat Stack brings an invaluable service to enterprises leveraging cloud-based infrastructure, particularly those running mission-critical applications,” said Chris Lynch, partner at Atlas Venture.


“As Cloud services are increasing, so are data breaches in the Cloud.  It’s not enough to rely on your CSP’s security solution.  With Threat Stack, customers can take more control of their applications and data security through the early detection of malicious activity,” Said Maria Cirino, managing director at .406 Ventures.


Threat Stack currently offers a 14-day, free trial of its software-as-a-service. Interested parties can signup on the company's website:



About Threat Stack

Threat Stack provides continuous security monitoring for public, private, and hybrid cloud infrastructures protecting servers, and the data they access, from intrusion and data loss. Built in the cloud, for the cloud, Threat Stack is the first and only intrusion detection and auditing service purpose-built for cloud environments where network-based controls cannot be deployed. Threat Stack is lead by a team with extensive security and cloud computing experience from companies such as Mandiant, Cloudant, Symantec, Bit9, Juniper, and Dyn.  Threat Stack is headquartered in Cambridge, MA.  For more information visit

READ MORE Coverage in TechCrunch

Maxwell Health Raises $26.4 Million in Series B Funding

One short year ago, Maxwell Health numbered just 14 people in a small office in Cambridge, MA. Today, we’re a dynamic team of 68 employees headquartered in downtown Boston, with remote offices in New York, Baltimore, Minneapolis, Denver, and Los Angeles, and hiring fast across all teams, all over the country. In 2014 alone, we grew our employer customer base by over 1000%, and the number of employees on our platform by over 3000%. 

We want to take this opportunity to wholeheartedly thank our partners for working with us. We’re deeply grateful for the confidence you’ve had in our product, our mission, and our team. We excited to be a core part of your go-to-market strategy and look forward to a long-lasting relationship into the future. We wouldn’t be where we are today without you. READ MORE

Kaminario Secures $53 Million

Kaminario, the leading all-flash array storage provider for midrange enterprises, today announced it has closed a significantly oversubscribed $53 million financing round, bringing total raised capital to $128 million. In addition to existing investors Sequoia Capital, Pitango, Globespan, Tenaya and Mitsui, the round includes contributions from new investors, Silicon Valley Bank and Lazarus Hedge Fund, as well as a large public company. Kaminario will use the new investment to accelerate growth and extend go-to-market sales, marketing and support reach with its ultra-efficient, highly scalable and agile K2 all-flash storage array.

“Flash arrays have quickly exploded in the market because they can meet modern business needs in a way legacy solutions cannot,” said Haim Sadger, managing partner at Sequoia Capital. “The growing demand is pushing vendors to be more agile, scalable and cost-effective than ever before — and Kaminario has risen to the head of the pack. The speed with which the company has moved from early pioneer to a leading player in this burgeoning market is a testament to its world-class innovation and successful customer deployments.”


Accruent Acquires VFA, Inc.

Accruent, the leader in real estate and facilities management solutions, announced today that it has acquired Boston-based VFA, Inc. (VFA), the leading provider of end-to-end solutions for facilities capital planning and asset management.

According to the International Facility Management Association (IFMA), organizations worldwide invest more than $100 billion annually on renovating and maintaining their facilities and related assets. VFA’s cloud software solutions and consulting services enable customers to assess their real estate portfolios, allocate capital, and make better decisions to support their organizations’ mission and strategy.  READ MORE

Essess Raises Funding​

Essess, a Boston, MA-based thermal imaging technology provider, received a funding of undisclosed amount. 

The round, which brought total funding to date to $10.75m, was led by existing backers Vocap Investment PartnersDFJ Athena and Constellation Technology Ventures, the venture capital arm of Exelon Corp., with participation from new investors, including Tamarisc, a venture capital firm focused on building technologies, and the Massachusetts Clean Energy CenterREAD MORE