Boston Business Journal
Fast-growing Cambridge marketing software firm HubSpot is "looking at a lot of M&A" as it continues to capitalize on its first acquisition, Performable, which cost the company $20 million, CEO Brian Halligan disclosed in an interview. Halligan, who said the company is eyeing acquisitions inside...
Cambridge startup Apptopia — a marketplace for buying and selling the rights to mobile apps, which is backed by Mark Cuban — has auctioned apps for as much as $11,000 since...
Since launching its mobile-and-social shopping app last November, Lexington-based Wikets has grown its community of shoppers to the "hundreds of thousands," CEO and co-founder Andy Park said in an interview. Shoppers do two things on the app: Recommend items from the 70 retailers...
HubSpot plans to debut a fully revamped version of its popular marketing software Wednesday morning, with new tools for crafting personalized marketing as a centerpiece. The Cambridge-based firm planned to introduce the new HubSpot 3 features — aimed at adding large businesses to...
Hack/reduce, the Boston-area, big-data focused business organization founded earlier this year, is going to delay its opening of a Cambridge facility by a month or two – but if you saw the Kendall Square real estate they're working with, you'd understand. Hack/reduce hired away Microsoft...
Shawn Broderick will take an advisory role at Oomba, the West Coast video game company that acquired his text-message video game startup, Play140, after just a few months as president and chief operating officer there. Broderick's new role is vice president of customer development at Murfie...
With the new college year soon to begin, Boston startup Boundless Learning has just released its first products — free online materials aimed at serving as substitutes for college textbooks — out of beta to the public. The company says it has worked with academic experts to craft "online experiences" that aim...
Apple Inc. (Nasdaq: AAPL) is adding about a billion dollars a week to its cash position, now at about $117 billion and counting, notes New York Times columnist and CNBC host Andrew Ross Sorkin in a column published late Monday. What should CEO Tim Cook do with the cash? Sorkin presents an M&A...
Before Vsnap founder Dave McLaughlin was a Boston startup captain, he spent a decade as a screenwriter in Hollywood, ultimately going on to write and direct a film in Boston starring the likes of Eliza Dushku and Amy Poehler. He wrote the independent film, "On Broadway," while working in...
Data Point Capital — the new $50 million venture capital fund from Shoebuy founder Scott Savitz — is funded entirely by a group of nearly 40 individuals, many of them prominent Boston area tech entrepreneurs, Savitz said in an interview Tuesday. The Boston-based fund expects to make its first...
Two Boston area startups, Pingup and TalkTo, have launched mobile apps in recent months offering local residents a novel way to communicate with businesses — by text message. For a story in today's BBJ print edition, I interviewed the CEOs at the two companies. Then I decided to give the two...
Brightcove on Tuesday put forward what it hopes will be a missing link between web-based video and your living room – a set of developer tools linking the iPad and iPhone with any Apple TV-connected television screen. Brightcove Inc. (Nasdaq: BCOV) runs video management software behind...
On Wednesday, a pair of EqualLogic veterans announced they have launched a new startup, DataGravity. You may remember EqualLogic as the largest venture-backed M&A deal of 2008 (according to Dow Jones VentureSource). EqualLogic's sale to Dell (Nasdaq: DELL) closed that January at $1.4 billion...
John Simon, co-founder and managing director at General Catalyst Partners in Cambridge, said the acquisition of Bullhorn Inc. stands out among recent Boston venture-backed exits for a host of reasons. Private equity firm Vista Equity Partners bought the Boston-based recruiting software firm...
Bankruptcy and liquidation may have been a foregone conclusion, after Curt Schilling's video game company 38 Studios laid off all its employees, last month. But 38 Studios' Chapter 7 filing, dated Thursday, provides a view into the company's assets, and the creditors it may leave hanging...
Boston location technology firm Skyhook has launched a new data intelligence product with a handful of customers, which the company believes "could dwarf the software side of the business over time," CEO and founder Ted Morgan said in an interview. The product is based on the data...
The more than 400 employees at Providence, R.I.-based 38 Studios, the video game company founded by former Boston Red Sox pitching ace Curt Schilling, reportedly received layoff notices this week. "The Company is experiencing an economic downturn," 38 Studios management told employees...
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...