Boston Business Journal
HubSpot plots new acquisitions, says Performable cost $20M
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...
With iPhone 5 debut expected, Apptopia aims to sell flashlight app rights for $1M
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
A LinkedIn for shoppers: Wikets grows social network for mobile shopping
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 3: Personalized marketing for the masses, via Performable
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...
How hack/reduce plans to produce 1,000 big-data experts: Abby Fichtner explains (video)
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...
Former TechStars Boston troublemaker Shawn Broderick leaves Oomba for Murfie
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
Boundless Learning publishes a free replacement for the college textbook
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...
Nuance tops Sorkin's M&A shopping list for Apple
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...
Vsnap's Dave McLaughlin: why tech startups are like making movies
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...
Savitz's Data Point Capital pools expertise - and $$ - from Boston tech successes
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...
Trying out 2 text-to-biz apps in Boston, Pingup and TalkTo
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...
Got Apple TV? Brightcove's Jeremy Allaire wants to hang out
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...
What is 'data gravity,' and why should you care?
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...
VC: Bullhorn sale a victory for Boston, General Catalyst
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...
38 Studios leaves a motley list of assets and one big question mark
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...
Skyhook launching 1st product outside of location services, in data intelligence
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...
Chaotic wind-down at Curt Schilling's 38 Studios (report)
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...
GrabCAD to launch new service for engineers, hire exec team
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...
'Big data' community hacking center to open in Cambridge
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...
Startup Q&A: Short-video messaging startup Vsnap
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...
8 Boston 'big data' startups I'm watching
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...
4 Boston startups with new hires of Akamai talent
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...
6 Boston VC firms with new $ to spend
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...
5 Mass. tech IPO firms: How they doin' now?
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)...
Silicon Valley's Andreessen Horowitz keeps its eye on Boston tech
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...
Red-hot Veracode plotting 'big' venture capital raise
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...
Boston VCs: IPO window is officially open
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 revenue hit $29M in 2011, company reports
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...
Worth leaving Apple for: Session M reveals its tech
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...
Here's why Facebook came to Boston to take on Apple and Google
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...