CloudHealth raises $4.5M in funding
CloudHealth Technologies announced today that it has closed a $4.5 million Series A round with .406 Ventures and Sigma Prime Ventures to launch CloudHealth. CloudHealth is the first SaaS platform that provides Business Performance Management for the Cloud. With CloudHealth, management can trend, analyze, model, plan, and predict their cloud environment by customer, product, service, organization, or any logical business view. CloudHealth ultimately enables companies to optimize the performance and reduce the cost of the cloud, based on business needs. READ MORE
Spark Capital raises $450M fund
Spark Capital raised $450 million for its fourth fund, making it the largest round for the Boston-based firm, writes Reuters. Spark, which has invested in consumer Internet companies like Twitter, Tumblr and Foursquare, will tap this fund to expand into other sectors like financial services, healthcare and education.
Polar raises $1.2M in funding
Battery Ventures participated in a $1.2 million seed round for iPhone app Polar. Other investors in the round include Yahoo founder Jerry Yang at AME Cloud Ventures; John Lilly at Greylock Partners; Maynard Webb from Webb Investment Network; and Ash Patel at Morado Ventures. Polar is a super-fast and easy way to create and vote on great-looking photo polls.
Plastiq raises $6M in funding
Plastiq, an online payments solution provider based in
Boston, Massachusetts with offices in Toronto, Canada has closed a $6M round of
Series A financing. The round was jointly led by venture capital firms Atlas
Venture and Flybridge Capital Partners. Investors from the previous round,
NextView Ventures and Greenoaks Capital Management LLC, also participated
alongside angel investors including Harvey Golub, former Chairman and CEO of
Consumer United raises $52.5M in funding
As reported by the Boston Business Journal, Consumer United has raised $52.5M in fudning led by Spark Capital and Thayer Street Partners. Consumer United is a website focused on helping people shop online for
personal auto and other insurance products by enabling shoppers to
quickly compare rates and find better coverage
from companies that best fit their individual and family needs.
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
LLC, the world's most trusted name in casting, auditions and
entertainment-industry opportunities, today announced that it has
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
WegoWise acquires Melon Power
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
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
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.