Boston, MA

Mobee acquires Kickscout

As reported by TechCrunch Kickscout has been acquired by Mobee.  Kickscout's founder, Michael Sheeley (RunKeeper Co-Founder) will be joining the company as their Chief Product Officer.  Mobee is a real-time store intelligence platform.  They collect data from customers at stores, analyze it, and package it into insights that improve businesses.  READ MORE

Brightcove acquires Unicorn Media

Brightcove Inc. (NASDAQ: BCOV), a leading global provider of cloud services for video, today announced it has entered into a definitive agreement to acquire substantially all the assets of Unicorn Media, a leading provider of cloud video ad insertion technology. Based on a $14.00 price per share of Brightcove common stock as specified in the purchase agreement, the transaction is valued at approximately $49 million. Under the terms of the agreement, the purchase price consists of approximately 2.9 million shares of Brightcove stock and approximately $9.0 million of cash used to pay transaction and other expenses of Unicorn Media.  READ MORE

peerTransfer raises $6.2M in funding

peerTransfer in Boston, MA has raised $6.2M in funding.  peerTransfer is a creator of innovative global payment solutions.  Investor include Devonshire Investors, Spark Capital, QED Investors, & Maveron.  Focused on the education industry, the company enables international students at hundreds of schools globally to save time and money when making or receiving international payments. READ MORE

ZeroTurnaround raises $2.7M in funding

As per SEC filings, ZeroTurnaround in Boston, MA has raised $2.7M in funding.  Bain Capital Ventures is an investor.  ZeroTurnaround is changing the way the world develops, tests and runs Java applications. Powered by award-winning Hotpatching Technology, JRebel and LiveRebel are revolutionizing the way Development and Operations teams work with Java.  READ MORE

Curoverse raises $1.5M in funding

Curoverse announced today the company has raised $1.5 million to accelerate development of the Arvados free and open source software platform for genomic and biomedical big data and to deliver new products based on the platform.

Arvados is a computational storage platform designed for the biomedical industry. The first deployment of Arvados runs a private cloud with 300 TB of storage and 500 cores that is used for genomic analysis at the Harvard Personal Genome Project and for research work at Harvard Medical School.  READ MORE acquired by Cisco

As the rapidly developing mobility and cloud markets transform the technology landscape, the population of mobile workers looking to extend the boundaries of their offices continues to grow. They want to connect, communicate and collaborate seamlessly, and their organizations are seeking user-friendly, mobile-centric collaboration tools that enable teams to work faster while being as productive as possible.

Today, I am pleased to announce Cisco’s acquisition of to help capture this market transition in mobility and cloud. Collaborate’s skilled team of cloud and mobile software developers has created a mobile collaboration application that provides unified document sharing, task management and team communication capabilities, enabling today’s mobile workforce to collaborate with team members on projects. Workers can instantly create virtual collaboration rooms where they can chat and share documents, notes, photos and videos.  READ MORE

Freight Farms raises $1.2M in funding

As reported by PandoDaily, Freight Farms in Boston raised $1.2M in funding led by Morningstar Venture Investments Limited with Launch Capital and Rothenberg Ventures participating.  Freight Farms is a startup that retrofits recycled shipping containers into modular mini-farms.  READ MORE

Lagoa raises $5.3M in funding

Lagoa, the 3D cloud platform company, today announced it closed a $5.3M Series A financing round led by Atlas Venture, and including Siemens and Real Ventures. The funding will be used to further advance Lagoa’s 3D cloud technology, and expand the company’s sales and marketing efforts. The Series A follows a $1.6M seed funding round announced last April.  READ MORE

Volition Capital raises $170M fund

Volition Capital announced today that it has closed its latest fund, Volition Capital Fund II, L.P., with aggregate capital commitments of over $170 million.  Due to strong investor interest in Volition’s small cap growth equity focus, the fund was oversubscribed on its original target of $150 million.  New investors in Volition Capital Fund II include university endowments, non-profit foundations, major corporations, fund-of-funds, and family offices.  READ MORE

DraftKings raises $24M in funding

DraftKings, Inc., a leading provider of daily fantasy sports online and in mobile with offerings in fantasy baseball, fantasy football, fantasy basketball, and fantasy hockey, has closed a $24M Series B round of funding led by Redpoint Ventures, with participation by GGV Capital, Atlas Venture, and BDS Ventures. DraftKings plans to use the money to fund marketing and acquisition, develop strategic partnerships, and to hire key talent. Featuring daily fantasy sports contests and same-day settlement, DraftKings makes playing fantasy sports simpler and faster for both seasoned and casual players.  READ MORE

StudentUniverse Acquires WeHostels

StudentUniverse announced today that it has signed a definitive agreement to acquire WeHostels – a mobile travel agency that allows users to book budget accommodation through its best-in-class mobile applications. The announcement comes less than two months after StudentUniverse’s first international expansion into the UK.  READ MORE

Her Campus Media Acquires

Her Campus Media, the parent company of, the #1 online community for college women and leading college marketing firm, today announced it has completed its acquisition of HerUni Media Limited. The acquisition further strengthens Her Campus Media as it aims to cement its position globally as the leading brand in the female college space.  READ MORE

Rest Devices raises $1.3M in funding

As reported by the Wall Street Journal, Rest Devices in Boston, MA has raised $1.3M in funding.  The round of funding was led by The Experiment Fund and also included Andy Parlmer and Nuland & Arshad, Inc.  Rest Devices in start-up that develops connected products that simplify people's lives.  Their first product is the Mimo, a new kind of baby monitor that is able to push a baby's breathing data, skin temperature, body position, and activity level real-time to a parent's smartphone. READ MORE

CoachUp raises $6.7M in funding

CoachUp, the nation’s leading private coaching company, has raised $6.7 million in its Series A round, co-led by venture capital firms Point Judith Capital and General Catalyst Partners.

“We are pleased to continue to support CoachUp — we love the marketplace they are building.  There’s a significant opportunity for CoachUp to connect consumers with fitness professionals,” said David Fialkow, managing director of General Catalyst Partners, both a Seed and Series A investor.  READ MORE

Shuttersong raises $875K in funding

Shuttersong, whose app embeds music and sound into JPEG images, announced today that it has closed $875,000 in a second round of seed funding. The round is led by an established angel group consisting of individuals associated with the law firm of Bingham McCutchen LLP, and New England entrepreneurs Vincent D'Agostino, and Jere Doyle. The second round comes just over a month after the launch of the Shuttersong app and eight months following its initial $800,000 from many of the same angel investors in February, 2013. READ MORE

Mustbin raises $4.5M in funding

Mustbin today launched its mobile app of the same name for capturing and organizing life's most vital information and treasured moments. Available now for free in the Apple App Store, the Mustbin app is designed natively for iOS 7 and guides users through capturing and organizing both physical and digital information in secure "bins" that can be shared privately with family, friends or advisors. Bins are stored in the cloud and secured with the highest level of encryption. READ MORE

Yesware acquires

As reported by TechCrunch, Yesware in Boston has acquired SF based  Yesware is a service for salespeople that helps them close deals faster.  They have an email service that tracks email, templates responses and syncs to CRM.  READ MORE

RapidMiner raises $5M in funding

RapidMiner, Inc., the de-facto industry standard for predictive analytics built on an open stack, today announced it closed a $5 million Series A funding round, led by Earlybird Venture Capital and Open Ocean Capital, which is backed by the founders of MySQL. The company will use the capital to expand domestic and international sales and marketing operations in response to expanding demand for its RapidMiner product, and develop additional products in RapidMiner's enterprise-ready predictive analytics product line. READ MORE

Rethink Robotics raises $11.5M in funding

As per SEC filings, Rethink Robotics has raised $11.5M in funding.  Investors included Two Sigma Ventures, Sigma Partners, Charles River Ventures, Highland Capital Partners, Draper Fisher Jurvetson and Bezos Expeditions.  Rethink Robotics is a robotics company that created a manufacturing robot named Baxter.

RallyPoint raises $5M in funding

In anticipation of Veteran's Day, as corporate recruiters and human resource professionals step up their efforts to recruit, hire, and retain military talent, RallyPoint announced it has raised $5 million in venture capital to accelerate development of corporate talent solutions for its fast-growing professional military networking platform.  READ MORE

Continuum raises funding

Zenith Infotech, a publicly-­‐traded, international company specializing in remote monitoring and management, innovative business continuity, and cloud computing solutions for IT service providers, today announced that its Managed Services business unit has been spun off and is now operating as a new and separate company, Zenith RMM, LLC (now called Continuum). Summit Partners made a sizable growth equity investment, and Summit’s John Carroll and Jason Glass will join the Zenith RMM Board of Directors. The newly formed company plans to focus its efforts and invest to accelerate product development, improve its market-­‐leading service, and expand its thought leadership.  READ MORE

Snapverse raises $3.5M in funding

As reported by TechCrunch, Snapverse in Boston, MA has raised $3.5M in funding from John Hannan of Apollo Management.  Snapverse lets you combine short videos with your favorite music to make a 20-second bite of awesomeness on your iPhone.

Kinematix raises $2.6M in funding

Tomorrow Options, a body dynamics company delivering cutting-edge connected health and fitness products that evaluate body position and movement to improve human function, wellness and performance, announced today it has closed its Series B round of funding, receiving $2.6 million from venture capital funds managed by Portugal Ventures, one of Portugal's largest venture investment firms. This investment complements a $2.3 million investment by Portugal Ventures in a 2008 Series A funding. At the same time, the company also announced it changed its name to Kinematix, and launched in the US with a fully-owned US subsidiary in Boston, and presentations at key events in connected health.  READ MORE

ByteLight raises $3M in funding

ByteLight, the retail indoor location company, today announced that it has closed a $3 million Series A round of funding from institutional and individual investors including Flywheel Ventures, Motorola Solutions Venture Capital, the eCoast Angel Network, Sand Hill Angels and Google’s Don Dodge. The company will use the new investment to accelerate growth in the retail sector and platform development.  READ MORE

ImpulseSave acquired by Betterment

Our mission at ImpulseSave has always been to build a great product that would help improve the financial lives of our customers. With that mission in mind, we couldn’t be more excited to join the Betterment team. They share our belief that great technology paired with thoughtful design can enable us to make smarter financial decisions and reach better outcomes.  READ MORE

BoardProspects raises $2.4M in funding

Boston-based BoardProspects Inc., an online platform that connects prospective board members with companies and organizations looking to fill board seats, today announced $2.4 million in series A funding.  "This round of funding represents a great vote of confidence in our mission of improving board governance and transforming the traditional boardroom recruitment process," Mark Rogers, founder and CEO of BoardProspects, said in a statement. READ MORE

Fancred raises $1.5M in funding

Fancred, a Boston, MA-based sports social network, raised $1.5m in seed funding.  Backers included Atlas Ventures, Militello Capital, Star Power Partners, and some unnamed angel investors.  The company intends to use the funds for user base growth, product development and partnership set up.  READ MORE

Brand Networks Acquires Optimal

When we founded Brand Networks back in 2006, we knew that “social” wasn’t just a marketing tactic or a collection of websites. We knew that social was bigger than that; a digital operating system that connects us to the things that matter most to us. We set out to help to help brands claim their place on the social graph and connect deeper with their customers, fans, and followers.

As the Facebook Platform grew, so did our work there, eventually earning us the distinction of Strategic Preferred Marketing Developer. As additional social platforms like LinkedIn and Google+ have opened their APIs to marketing developers, we have jumped in with both feet. We are proud to have helped some of the world’s best known brands become the world’s most liked and connected.  READ MORE

Anaqua raises $25M in funding

Today Bessemer Venture Partners (BVP) announced a $25m investment in Anaqua, a leading provider of intellectual asset management (IAM) software and services. This investment follows growth equity investment Anaqua received from Insight Venture Partners in July of this year.

Anaqua's software helps leading global companies grow and protect their intellectual property, including inventions, patents, trade secrets, brands and trademarks, and helps law firms improve their IP practices. Anaqua's SaaS-based platform enables companies to align their intellectual property with their business goals, prosecute and secure it; and create value through more efficient licensing. Companies are further able to pay IP maintenance in multiple global jurisdictions using Anaqua's payment services platform. More than 20,000 users in over 100 countries are using Anaqua to manage approximately $500 billion in intellectual assets; these include users from Microsoft, Ford, Kimberly-Clark, Eastman Chemical and The Coca-Cola Company.  READ MORE

Achvr raises $1.25M in funding

Achvr, the “gamified” social platform that enables users to discover, track and share their first time experiences, today announced its launch into public beta after raising $1.25 million in seed funding from private angel investors. With Achvr, users discover and set goals, such as learning to play the guitar or climbing Mount Everest, and earn points for achieving those goals.  READ MORE