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Waltham, MA
Telerik, an end-to-end provider of software development and collaboration solutions, today announced the acquisition of NimblePros, a leading service provider of custom software solutions and training. The entire NimblePros team, including founders Steve and Michelle Smith, will be joining Telerik as part of its Enterprise Services Group.
All Covered, a division of Konica Minolta Business Solutions U.S.A. (Konica Minolta) focused on delivering high‐performance Managed IT Services to small‐ and medium‐sized businesses, is pleased to announce that Covisia, a Managed IT outsourcing company based in Boston has joined All Covered. With the addition of Covisia, All Covered expands its presence with a broad and talented group of professionals along with a diverse list of clients.
CloudLock,
the software company securing enterprise cloud data, today announced it
has raised $8.7 million in a Series B funding round from new investor
Ascent Venture Partners and existing investor Cedar Fund.
The latest financing will be used to expand the company’s engineering divisions to keep up with rising customer demand, extend its solutions
to new platforms and accelerate CloudLock’s domestic and international
sales efforts. As one of the first Security-as-a-Service companies in
the world, CloudLock is committed to investing in innovation around its
core competency, cloud data security services. CloudLock will focus much
of its employee growth in its new headquarters in Waltham, MA.
SavingStar, the only national fully digital grocery savings service, announced today that it has raised $9 million in Series C financing led by global venture capital firm DCM. SavingStar enables shoppers to save money on their groceries – without the need to clip or print paper coupons – by linking special offers found on SavingStar.com, or the company’s iPhone and Android apps, to their grocery and drug store loyalty cards. Since its launch in April 2011, 1.5 million people have joined SavingStar and more than 150 brands have run offers on the service. Joining DCM in the round are previous investors Flybridge Capital Partners, First Round Capital, IA Ventures, board member and Buddy Media CEO Michael Lazerow, and Sir Keith Mills, founder of Loyalty Management Group. Tom Blaisdell, general partner at DCM, will join SavingStar’s board.
Model N, Inc., the leader in Revenue Management, today announced the immediate availability of a powerful Business Intelligence (BI) offering, Revenue Management Intelligence, targeted at Life Sciences and High Tech manufacturers. The offering includes a new set of cloud-based BI applications that aligns Sales and Marketing spend with market-driven revenue outcomes coupled with comprehensive internal and external market data capabilities and services.
As part of the launch, Model N also announced the acquisition of LeapFrogRx, a pioneer and emerging leader in industry BI solutions for Pharma and Biotech. Founded in 2002, LeapFrogRx has strong capabilities in Brand Marketing, Sales Performance and Managed Markets; syndicated market data aggregation and delivery; cloud-based analytical software applications; and strategic analytic consulting services. LeapFrogRx marquee customers include multiple top 50 specialty and biopharma franchises and blockbuster brands.
On February 28th, 2012, Oberthur Technologies entered into an exclusive agreement with MoreMagic supported by its major shareholders including Battery Ventures and Vision Capital.
As per SEC filings, Eximo in Waltham, MA has raised $700K in funding. Eximo is a leading development provider and partner for any size business. With a robust library of applications and a platform centered around delivering custom development fast, Eximo is paving the way for businesses to solve problems online.
InnoCentive, Inc., the pioneer in open innovation and crowdsourcing, today announced its acquisition of UK-based OmniCompete Limited. Best known for its annual Global Security Challenge, OmniCompete has executed nearly two dozen high-profile Challenges throughout its history in the areas of security, energy, healthcare, and cloud computing. Adding to InnoCentive’s recent successes in Grand Challenges – awarding a winner for the $1 million Prize4Life Challenge and the partnership with Life Technologies for its multi-million dollar Life Grand Challenges program – this acquisition further establishes InnoCentive as the global standard for high value competitions and Challenges whose solutions have far-reaching consequences in the areas of human health, public safety, education, the environment, and energy.
Constant Contact®, Inc. (NASDAQ:
CTCT), the trusted marketing advisor to more than 450,000 small
organizations worldwide, has acquired privately owned CardStar Inc., the
leading loyalty platform that helps shoppers stay connected to their
favorite merchants. With over two million users, Boston-based CardStar
is a leading developer of mobile applications that extend the use of
loyalty cards and mobile coupons among consumers. The acquisition marks
the latest milestone in Constant Contact's evolution from an email
marketing company to the leading provider of online marketing tools that
help small businesses create and grow customer relationships. Financial
details of the transaction were not disclosed.
The Pyxis Mobile team today announced the launch of Verivo Software, the enterprise mobility company dedicated to helping businesses drive their mobile initiatives and impacting their bottom-line. Verivo leverages Pyxis Mobile’s assets and technology, along with its new and expanded business model, product line and management team. Only Verivo’s enterprise mobility platform empowers companies to build, deploy and manage apps quickly and easily to meet today’s market demands.
The company also announced that it has secured $17 million in growth capital funding to further boost sales, fuel marketing programs and accelerate its product development roadmap as it expands its global presence.
PatientKeeper® Inc., the leading provider of physician healthcare information systems, today announced that it has raised $6 million in growth capital from its existing investors, including Flybridge Capital Partners, New Enterprise Associates and Whitney & Co.
These funds will be used to support continued high levels of investment in product development of the company's suite of advanced clinical, charge capture and other physician-centric applications, as well as the expansion of PatientKeeper’s professional services organization to meet the growing market demand for its products.
As of today, Everbridge has officially acquired the innovative cloud solutions company CloudFloor. This Boston-based technology company has pioneered the cloud management solutions market and developed tools that allow enterprises to manage and optimize their cloud infrastructures.
“This acquisition is the first in Everbridge’s ten-year history, so it naturally had to be something truly special for us to make it,” said Jaime Ellertson, Everbridge CEO. The CloudFloor acquisition will enable Everbridge to deliver to our customers an even better incident notification solution, both now and in the future. Additionally, the new technology, people and geographic presence we are acquiring will enable us to extend our market and technology leadership beyond what was even imaginable just a few years ago.
Actifio, the Protection and Availability Storage (PAS) platform company, today announced that it has raised $33.5 million in an over-subscribed Series C financing round. Andreessen Horowitz led the round and joins existing investors North Bridge Venture Partners, Greylock Partners and Advanced Technology Ventures in the new investment, targeted towards executing on the growth phase of Actifio. The investment signals a rapid shift in the data management and backup industry, away from traditional point tools used for backup, disaster recovery, deduplication, and business continuity that increase overall cost and complexity, toward the radically simple approach Actifio’s PAS platform represents. Peter Levine, a veteran enterprise IT executive and general partner at Andreessen Horowitz, has joined the Company’s board.
Emergisoft and Forerun, Inc., providers of clinical information management and workflow solutions for emergency departments, today announced that they have entered into an agreement pursuant to which Forerun has acquired substantially all of the assets of Emergisoft, including customer contracts, product rights, software and services, and other property rights of the Emergisoft business. The transaction is a strategic acquisition of complementary business in the emergency department information technology market.
VMTurbo, the leading provider of intelligent workload management software in virtualized environments, today announced that it has closed a $10 million B-round of funding, financed by returning investors Bain Capital Ventures and Highland Capital Partners. VMTurbo will use the funding to expand product development, customer support, sales and marketing.
As per SEC filings, Viewfinity in Waltham, MA has raised $5M in funding. Viewfinity provides privilege management and application control for desktops, laptops and servers.
CounterTack, the industry’s first and only provider of in-progress cyber attack intelligence and response solutions, today announced it has secured $9.5 million in a Series A funding round led by Fairhaven Capital and a private group of investors. Formerly known as NeuralIQ, CounterTack was born out of the critical need for enterprise and government organizations to approach security in a completely different way – combating advanced persistent threats with a new line of defense. CounterTack offers the fastest detection and deepest attack intelligence available, enabling customers to take control over the impact of the attack while it’s happening.
Siemens expands its industrial software portfolio with the acquisition of Vistagy, Inc., Waltham, Massachusetts, USA, a leading supplier of specialized engineering software and services with emphasis on designing and manufacturing structures made of advanced composite materials. An agreement to this effect was signed in early November. This acquisition allows Industry Automation, a Division of the Siemens Industry Sector, to continue to enhance its position as the world’s leading supplier of industrial software. The parties agreed not to disclose the terms of the acquisition. The transaction is subject to customary approvals, and is expected to close before the end of 2011.
Best Buy (NYSE: BBY) said today that it has reached an agreement to acquire mindSHIFT Technologies, Inc., the nation’s leading managed service provider (MSP) for small and mid-sized businesses, for $167 million. The transaction will help accelerate Best Buy’s growth in the small and mid-sized business IT services category. mindSHIFT provides cloud services, data center services and professional services to more than 5,400 clients and 25,000 managed desktops in key markets throughout the United States.
As per SEC filings, InnoCentive in Waltham, MA has raised $5M of a planned $7.5M round of funding. InnoCentive is the open innovation and crowdsourcing pioneer that enables organizations to solve their key problems by connecting them to diverse sources of innovation including employees, customers, partners, and the world’s largest problem solving marketplace.
MedVentive announced today the completion of a $12 million Series D investment, led by two new provider-based investors. National Healthcare Services (NHS) and CHV II, LP, both focused on transformative technology for the healthcare market, were joined by MedVentive’s existing investors, which include CHV Capital, Core Capital Partners, Excel Venture Management, HLM Venture Partners and Long River Ventures. Including CHV Capital, MedVentive now has the backing of three of the nation’s most prestigious hospital investors.
Care.com in Waltham, MA raises $10M in funding from Matrix Partners and Trinity Ventures. Founded in 2006, Care.com is the largest and fastest growing service used by families to find high-quality caregivers, providing a trusted place to easily connect, share caregiving experiences and get advice.
Black Duck Software, the leader in open source software knowledge, adoption and governance, today announced it has closed a $12M round of financing led by new investor Split Rock Partners, with participation from its existing investors as well. The company, which has been cash-flow positive since 2009, will use the funds to accelerate growth, advance key development projects, continue acquisitions and expand its global presence.
Black Duck’s current investors also include General Catalyst Partners, Volition Capital (formerly Fidelity Ventures), Flagship Ventures, Focus Ventures, Intel Capital, SAP Ventures and Red Hat.
According to SEC filings, Care.com in Waltham, MA has raised $25M in funding. Care.com is the largest and fastest growing service used by families seeking high-quality care providers, providing a place to easily connect with hundreds of thousands of care providers, share care giving experiences and get advice.
Investors in Care.com have included Matrix Partners, New Enterprise Associates, & Trinity Ventures, plus Reid Hoffman (LinkedIn founder) - who participated in the company's series A round of funding.
As per SEC filings, InnoCentive in Waltham, MA has raised $3.3M of a planned $7.5M in funding. InnoCentive is the open innovation and crowdsourcing pioneer that enables organizations to solve their key problems by connecting them to diverse sources of innovation including employees, customers, partners, and the world’s largest problem solving marketplace.
IBM today announced a definitive agreement to acquire privately held Q1 Labs, a Waltham, Massachusetts -based provider of security intelligence software. The move aims to accelerate IBM's efforts to help clients more intelligently secure their enterprises by applying analytics to correlate information from key security domains and creating security dashboards for their organizations. Financial terms were not disclosed.
Investors included Polaris Venture Partners, Menlo Ventures, BDC Venture Capital, Globespan Capital Partners & NBIMC.
September 16, 2011: Kepha Partners in Waltham, MA is looking to raise a $100M for their second fund. Kepha is a VC firm focused on making early stage investments in companies.
August 23, 2011: Earlier this summer, Zerto launched a bold reinvention of business continuity and disaster recovery (BC/DR) technology in order to meet the needs of today’s virtualized data centers and cloud environments. Today, the company announces the successful completion of a $15 million Series B funding round led by U.S. Venture Partners (USVP) alongside existing investors Battery Ventures and Greylock Partners. In addition, Zerto announces the commercial availability of ‘Zerto Virtual Replication,’ the industry’s first hypervisor-‐based replication solution for large enterprises.
July 27, 2011: TribeHR Corp., a leading social human resources platform for small and medium business, announced today that it has secured a $1 million round of seed financing from Matrix Partners. The company will use the funds to drive product development and expand sales and marketing programs. Per the AngelList blog, Jennifer Lum also participated in the round of funding.
July 27, 2011: Deloitte has acquired substantially all of the assets of Oco, Inc., a leading provider of enterprise-class software as a service (SaaS) business intelligence (BI) solutions. This addition to Deloitte’s current analytics service offerings will become Deloitte Analytics Tactical Advantage (DATA).