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.
Aquto raises $8M in funding
Per the WSJ, Aquto in Boston, MA has raised $8M in funding from Matrix Partners & North Bridge Venture Partners. Aquto is a stealth mode startup, whose mission of Aquto is to change the mobile industry when it comes to how mobile internet services are bought and packaged.
FlashNotes raises $1.8M in funding
Flashnotes, the online student-to-student marketplace for buying and
selling class material, has closed a seed round of $1.8M. The financing
was led by Ryan Moore of Atlas Venture and Jordan Levy of Softbank
Capital, with participation from angel investors Michael Lazerow
(Founder, Buddy Media), Paul Sethi (Founder, RedBooks) and Paul Tedeschi
(Founder, Mr. Youth), Sachin Jade (Klifer Capital) and Abigail Coxsen.
Zmags raises $6M in funding
provider of commerce-enabled digital catalogs and publications, today
announced that it has completed a $6 million investment led by North
Atlantic Capital. The firm’s managing director, David Coit, joins Zmags’
board of directors. Zmags’ previous investors – OpenView Venture
Partners and NorthCap Partners – also participated in the round, which
will be used to accelerate growth and fuel product innovation to meet
the needs of large retail and consumer brands looking to engage with
shoppers across mobile, social and online channels. This brings Zmags’
total funding to $18 million.
Zmags is the only technology provider that enables retailers and brands
to build engagement and commerce directly into digital catalog and
publication experiences across all channels and devices from a single
platform. In Q3 2012, the company signed 74 new accounts, representing a
28 percent increase year over year. Additionally, Zmags continued to
deliver bespoke digital shopping experiences for world-class brands such
Container Store, Serena
& Lily and PartyLite.
Rovion acquired by Gannett Co.
Corporation (NASDAQ: LOCM), a leading online local media company,
today announced the sale of Rovion to Gannett Co., Inc. (NYSE:GCI).
The company entered into a definitive agreement to sell Rovion to
Gannett on Oct. 19, 2012. Under the terms of the agreement, Gannett
acquired Rovion and all related assets.
Carbonite acquires Zmanda
Carbonite, Inc. (NASDAQ: CARB), a leading provider of online backup solutions for consumers and small to medium sized businesses, and Zmanda, Inc., a leading global provider of open source and cloud backup solutions have announced that the companies have entered into a definitive agreement whereby Carbonite will acquire Zmanda.
"Zmanda is a great strategic fit for Carbonite. Carbonite has focused on
backing up computers and mobile devices, while Zmanda has focused on
backing up servers and databases. In the small to medium business (SMB)
market, most companies need both," said David Friend,
Chairman and CEO of Carbonite. "Furthermore, IT resellers and MSPs
want to be able to offer their clients a complete cloud backup solution
from one vendor that protects both computers and servers. We believe
that adding in the Zmanda capabilities to Carbonite Business
significantly expands our opportunity and will enable us to further
capture the emerging and fast growing SMB cloud backup market."
Healthrageous raises $6.5M in funding
Healthrageous, Inc., a leader in digital health self-management, has
received $6.5 million in Series B financing from North Bridge Venture
Partners, Egan-Managed Capital, Long River Ventures, and an undisclosed
investor. This latest round, which brings the company’s total financing
to $15 million since 2010, will be used to further enhance its consumer
facing user interfaces (web and mobile app), analytics engines, and
machine learning platform.
Perfecto Mobile raises $15M in funding
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.
DisruptiveApps raises $500K in funding
Per SEC filings, DisruptiveApps raises $500K in funding. DisruptiveApps is the developer of the SaaS based
iJukebox music service.
Rapid7 acquires Mobilisafe
Rapid7, a leading provider of security risk management solutions, today announced that it has acquired Mobilisafe - a Seattle-based Mobile Risk Management
(MRM) provider - and entered a new market with its solution for
managing the risk associated with Bring Your Own Device (BYOD).
Mobilisafe's cloud-based risk management solution perfectly complements
Rapid7's existing security assessment and management solutions, Nexpose and Metasploit.
These solutions enable organizations to gain visibility into the
threats they face, manage and prioritize risk, and take targeted action
to improve their security. The addition of Mobilisafe enables Rapid7
customers to realize the same benefits across their mobile assets,
addressing the challenge many organizations face with employees
bringing their own devices into the workplace.
Libboo raises $1.1M in funding
Boston startup Libboo,
which last week launched its pilot program with publishing powerhouse Houghton
Mifflin Harcourt (HMH), today announced the close of a $1.1 million
seed round of financing led by Boston-based MassVentures. Other
investors included Hubspot CTO and founder Dharmesh Shah, Avid and
Wildfire founder Bill Warner, and past President and CEO of Compete, Don
Libboo, a TechStars Boston company and MassChallenge
finalist, is an online platform that connects "buzzers" (passionate
readers and advocates who love to raise awareness about the books and
authors they enjoy) with books from talented authors, to more
effectively get those authors discovered by new audiences. Buzzers get
rewards such as free ebooks, and increase their influence by sharing
great writing with friends and followers via social media, email, and
other online channels. With its pilot program, which launched on
September 24, 2012, Libboo introduced revolutionary ways to combine the
power of reader and author to create award-winning bestsellers.
Cloudant raises strategic investment from In-Q-Tel
Cloudant today announced a custom development and strategic investment agreement with In-Q-Tel
(IQT), the independent, nonprofit organization that identifies
innovative technology solutions to support the missions of the U.S.
Cloudant provides the Cloudant Data Layer as a service, a secure NoSQL-based
cloud database service for developers of fast-growing Web and mobile
applications. The company’s agreement with IQT will promote the use of
Cloudant’s cloud database technology within the U.S. government to more
quickly build scalable applications that collect, store, analyze and
distribute data in more flexible and interactive ways.
RAMP raises $15M in funding
RAMP, the leader in next generation search and video experiences,
announced today a Series C financing led by New York-based StarVest
Partners. As part of the transaction, Deborah Farrington, co-founder
and General Partner at StarVest will be joining RAMP’s board of
directors. StarVest is also joined by Hearst Interactive Media and EDBI
as new investors in RAMP, along with participation from existing RAMP
investors Fairhaven Capital, Accel Partners, General Catalyst Partners,
and Comcast Ventures. This round brings the total capital raised to $40
million for the company.
Cloud Technology Partners adds $2M to Series A round of funding
Cloud Technology Partnersthe
leader in transforming businesses with cloud solutions, today announced
the closing of a $2 million series A-2 round. The additional funding
will be utilized to underwrite the company’s continued aggressive hiring
plans particularly in the area of intellectual property (IP)
development, as well as sales, marketing and client services. This
round brings the company’s total funding to $5 million.
SapientNitro acquires Iota Partners
SapientNitro, part of Sapient (NASDAQ: SAPE), today announced that Iota Partners,
an instrumentation-driven consumer research consultancy, has joined
SapientNitro to bolster the company’s research, data and analytics
practices. The Chicago-based boutique brings 20+ years of experience and
innovation in research approaches that deepen understanding of consumer
behavior in today’s digital world.
The move is part of SapientNitro’s continued focus on tapping into the opportunities of Big Data to
help clients better understand the habits of their increasingly wired,
rapidly evolving consumers. According to research firm IDC, the world’s
data is doubling every two years, due largely to advancements in
SimpleTuition acquires ValoreBooks
Inc., the leading provider of tips, advice and interactive tools that
help students save on college-related expenses, announced today the
acquisition of ValoreBooks, an online textbook marketplace which offers huge discounts on new and used textbooks as well as rentals.
Swap.com acquired by Netcycler
As reported by Scott Kirsner, Swap.com has been acquired by Netcycler, a Finnish company. The acquisition actually took place back in April. Swap.com is a consumer website that allows people to swap items across a variety of categories.
908 Devices raises $8.1M in funding
908 Devices, an innovator in field-portable chemical analysis, announces the closing of an $8.1M Series A investment led by ARCH Venture Partners with participation from Razor’s Edge Ventures and University of Tokyo Edge Capital (UTEC). Keith Crandell, Co-founder and Managing Director of ARCH and Mark Spoto, Managing Director of Razor’s Edge have joined 908 Devices’ board.
SimpleTuition raises $5M venture loan
Horizon Technology Finance Corporation
(Nasdaq:HRZN) ("Horizon"), a leading specialty finance company that
provides secured loans to venture capital and private equity backed
development-stage companies in the technology, life sciences, healthcare
information and services, and clean-tech industries, today announced
that it has closed a $5 million venture loan to SimpleTuition, Inc.
("SimpleTuition"), a leading provider of tips, advice and interactive
tools that help students save on college-related expenses. The funds
provided to SimpleTuition will support its continued growth.
Trefis raises $1.4M in funding
As per SEC filings, Insight Guru, Inc., which operates Trefis has raised $1.4M in funding. Trefis is a stock analysis service that breaks down a stock price by the
contribution of a company's major products and businesses.
Smart Lunches raises over $1M in funding
one of the Internet's fastest growing providers of healthy meal options
for children outside of the home, announced today that it closed a
Series A investment round, securing over $1 million in additional
capital. Investors included Boston-based Data Point Capital, Jonathan
Kraft, President of The Kraft Group, and Lon Chow, General Partner of
Apex Venture Partners, based in Chicago. Smart Lunches partners with
schools, daycare centers and camps to serve children fresh, nutritious
meals that parents can order 24 hours a day with the click of a mouse.
These meals are delivered free to the facility each day, relieving the
Smart Lunches partner -- and parents -- of the responsibilities that go
along with daily lunch planning and preparation.
Best Doctors raises $45.5M in funding
As per SEC filings, Best Doctors in Boston, MA has raised $45.5M in funding. Founded in 1989 by Harvard Medical School professors, Best Doctors, Inc. is transforming and improving health care. The global company serves more than 30 million members in every major region of the world. Best Doctors works with the best five percent of doctors to find the right diagnoses and right treatments, and seamlessly integrates its trusted services with employers’ other health-related benefits.
Locately acquired by SMG
Service Management Group (SMG), the leading international customer
research firm focused on loyalty and service improvement, announced
today that it has acquired Boston-based Locately, the market leader in
consumer location analytics. Locately’s proprietary technology helps
manufacturers, retailers and restaurants understand how people shop or
make dining decisions through the unique combination of GPS analytics
and mobile surveys.
After receiving funding just two years ago,
Locately has quickly garnered a great deal of attention and accolades
both in the tech community and among consumer and shopper insights
professionals. In addition to winning Small Business Innovation Research
(SBIR) Phase I and II grants from the National Science Foundation,
Locately received funding from HackerAngels and Project 11 Ventures.
More recently, Locately was selected as a recipient of the prestigious
START Phase I award from MassVentures, the venture capital arm of the
Commonwealth of Massachusetts.
Swirl raises $6M in funding
Swirl, a tech start-up that is harnessing the power of mobile, social and web technologies to reignite consumer's love of in-store shopping, has raised $6M in funding. Swirl's investors include SoftBank Capital, General Catalyst Partners and Longworth Venture Partners.
Visible Measures raises $21.5M in funding
Visible Measures, the innovation platform for video, today announced that it has secured a growth round of $21.5 million, led by DAG Ventures with strong participation from existing investors Advance Publications, Inc., owners of Conde Nast, General Catalyst Partners, Mohr Davidow Ventures, Northgate Capital, and new investor Commonfund. The new funding will further accelerate the already rapid growth and adoption of the industry’s leading analytics-driven digital video advertising platform among brand advertisers and premium video publishers.
“Our wonderful team at Visible Measures has been building spectacular momentum over the past few years, and this year we’re on track to surpass 300% revenue growth for our second consecutive year.” said Brian Shin, founder and CEO of Visible Measures. “We’re fortunate to have such incredible investors and partners who recognize Visible Measures’ singular opportunity to change the game in digital video, with the industry’s only premium choice-based video platform for advertisers, the industry’s first choice-based video monetization solution for publishers, and our vision to power it all with our massive, exclusive video dataset and analytics platform.”
Stackdriver raises $5M in funding
As reported by GigaOm, Stackdriver in Boston, has raised $5M in funding from Bain Capital Ventures. Stackdrives is a startup that is focused on helping companies run large-scale production applications on public cloud infrastructure.
OpenExchange raises $3.1M in funding
As per SEC filings, OpenExchange in Boston, MA has raised $3.1M in funding. OpenExchange is a cloud-based professional collaboration network
connecting financial services professionals with executives and investor