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Boston Business Journal
Cambridge-based startup GrabCAD isn't content to sit back and enjoy the success it's had so far — such as more than doubling the number of engineers using its CAD model library since the end of last year and a string of products designed for manufacturers through the site...
A new community space aiming to stimulate "big data" talent and startups in the Boston area, Hack/Reduce, is aiming to open in June after raising more than $500,000 from seven local venture capital firms and other backers. The space, likely to be located in Cambridge, will offer free...
In the nine months since forming, Boston startup Vsnap — a provider of a short video messaging service — has been a finalist in the MassChallenge startup competition, released its product online and expanded into mobile. The five-person company has also brought on some extra business prowess with the...
Vertica and Netezza, acquired. Splunk (Nasdaq: SPLK), gone public. What's next in "big data" innovation? Eight Boston area startups have some ideas. Well, not just eight — these are just a few of the ones on my radar due to their prominent founders, novel technology or hires from big data...
Boston mobile technologies startup SCVNGR announced Thursday it's hired an Akamai Technologies (Nasdaq: AKAM) veteran as its new chief technology officer, one of a number of Boston area startups with recent talent hires who came out of the Cambridge Web content delivery giant...
While the U.S. venture capital sector saw a slight uptick in fundraising in the first quarter, the increase was more dramatic in Boston, with area VC firms more than tripling the funds raised in Massachusetts a year earlier. Six Massachusetts-based VC firms reported raising new funds totaling $1.98 billion in the first...
With the window for initial public offerings now open for the first time in years, I thought I'd check in with five Boston area tech firms that have gone public since 2006 (and weren't later acquired). The companies are Acme Packet (Nasdaq: APKT), which went public in 2006; EnerNOC (Nasdaq: ENOC)...
In January, Silicon Valley venture capital firm Andreessen Horowitz — a backer of Facebook, Twitter and Pinterest — reported a stunning new fundraise of $1.5 billion. I wondered at the time whether the firm could end up deploying some of that new cash in Boston. The reason: Though firm...
Burlington's Veracode Inc., a security software firm serving the likes of Cisco and Delta, is raising a large round of venture capital funding expected to close within months, CEO Bob Brennan said in an interview. The company has already hired nearly 25 since the start of the year, bringing the company's...
At Cambridge venture capital firm General Catalyst Partners, two of its tech companies have pulled off initial public offerings in the past month — Brightcove and Demandware — and done so with strong demand from investors. And at Battery Ventures, with U.S. offices in Waltham and Silicon Valley, five of its...
HubSpot, a venture-backed "inbound marketing" software company based in Cambridge, Mass., published an annual report with some limited financials, Thursday. The firm, which raised $32 million in venture capital, last year, says its revenues grew 81 percent, year over year, to $29 million...
As mobile marketing has evolved rapidly over the past decade, Lars Albright has had a hand in it — at m-Qube, Quattro Wireless and Apple (Nasdaq: AAPL). Now his latest startup, Boston-based Session M, is out of stealth, and Albright believes the opportunity in the space has never been bigger...
A little South Boston development shop is at the center of the hypestorm in a fresh volley between Silicon Valley titans. Ringmark, Facebook’s mobile web browser test suite, may not have commanded your attention, today, unless you’re a software developer – but it probably should. It represents an...
Karmaloop, a Boston-based online streetwear retailer, expects to cross the $200 million revenue mark this year and said it's started exploring whether to go public, with a decision expected within 14 months, CEO and founder Greg Selkoe said in an interview. Meanwhile, the company has pulled the plug on a...
Ailing mobile phone giant Nokia (NYSE: NOK) is banking on location-based mobile applications developed in Boston to restore its relevance in the smart phone market. Nokia is putting to use the Navteq geolocation technology it bought for $8.1 billion in 2007 – and developing apps to run not only on its own phones...
Preston Austin, co-founder of online music sales startup Murfie, said he was initially unsure about whether to apply to the TechStars Boston accelerator program — and not just because it would mean being away from his home base of Madison, Wisc. As a startup that was already generating revenue — and already...
At first blush, New England Patriots coach Bill Belichick might not come across as a model for executives. But many managers watch Coach Hoodie closely. During an era that has produced unprecedented roster turnover because of the salary cap and free agency, Belichick has led New England to its fifth Super...
At an event Wednesday night, Endeca Technologies founder and CEO Steve Papa offered insights about why his company opted to sell itself to Oracle despite a prior plan to go public. The move was all about the volatility of the economy, Papa said. "I did not want to go through another" economic...
He co-founded a fast-growing marketing software firm, Cambridge-based HubSpot, and serves as its CTO. But many in the Boston startup community may know Dharmesh Shah even better in his capacity as a prolific angel investor. Shah has an invested in more than 30 startups — including local ones like...
The Boston-based company that operates private sale site Rue La La has undertaken major layoffs, the company confirmed today. The Boston Business Journal broke the story this afternoon, based on accounts of current and former employees. Rue La La operator Kynetic laid off 11 percent of its 550...
The team at Cambridge's Atlas Venture has noticed something about its seed investments from its seventh venture capital fund: The inexpensive deals have produced some of the most promising companies in the firm's portfolio. Among them is Cambridge's Zafgen, an obesity treatment developer...
Ryan Moore could've landed at a big-name Silicon Valley venture capital firm, if that's what he was after. But what the 38-year-old VC wanted more was to be part of a firm with momentum where he'd have a major role — leading to his move to Cambridge’s Atlas Venture in November.
Jason Jacobs isn't predicting that his mobile health data tracking system, RunKeeper, is destined to become a hugely valuable company. But someone in the space is — and he believes his Boston startup has the biggest head start. "Whoever does what we're trying to do, I think a billion (dollar value) is small," Jacobs...
Google, Oracle and HP — those were just a few of the tech giants that swallowed up venture-backed Massachusetts companies in 2011.
In all, 56 VC-backed companies based in the Bay State were acquired in 2011, according to Dow Jones VentureSource. I've picked 10 of them to highlight here; most of these had Boston area VCs as backers.
News to me: Two more venture capital firms have re-located to Boston/Cambridge from elsewhere in the region. Charles River Ventures has moved its East Coast office to Cambridge from Winter Street in Waltham. The new office is located in the same building as the Cambridge Innovation Center...
Boston venture capital firms saw handsome returns from some of the largest U.S. IPOs of 2011, including LinkedIn, Groupon and Zynga. But as for the biggest IPOs of Massachusetts-based companies — Zipcar and Carbonite — Boston VC firms weren't among the beneficiaries (West Coast firms...
Businesspeople are fond of telling me they don't have a crystal ball. Well guess what, I got one for Christmas! And here's what it's told me about Wayfair, Nanigans and some other Boston area companies in 2012. Wayfair will become profitable (and maybe take steps toward an IPO)...
After seven years of quietly developing tech startups in the marketing space, Cambridge's Adverplex has re-named itself Cogo Labs and is looking to tout its achievements for the first time. The Kendall Square incubator's main accomplishments: Incubating CourseAdvisor (which sold to the Washington Post...
Perhaps a more unique post would be: "12 Boston startups not looking for money in 2012." Nonetheless, here are a dozen which've told me they're on the hunt for angel and/or venture funding — and which are probably interesting enough to get it. Click on the photo on right to open...
Cambridge’s Fairhaven Capital has promoted principal Rudina Seseri to partner at the firm, she confirmed Thursday. The promotion is effective Jan. 1, and Seseri will be one of the few women to have reached a senior investment position at a Boston venture capital firm...