Redpoint Positioning Corporation, an emerging technology leader in the high-precision indoor location positioning, announced that it has received Series A funding from Stanley Ventures, a venture arm of Stanley Black & Decker (NYSE: SWK), a world-leading provider of tools and storage, commercial electronic security and engineered fastening systems.
Numerated Growth Technologies, Inc. (Numerated), a financial technology start-up that provides a real-time commerce platform for banks, launches today following a successful spin out from Eastern Labs, the fintech incubator inside Eastern Bank, the oldest and largest mutual bank in the country.
Today, LevelUp announced that it has completed a $50 million round to continue to grow its business. Investors who participated in this round include long-time partner and investor JPMorgan Chase, US Boston and CentroCredit Bank. Chase made an initial investment in LevelUp at the end of 2015. This funding comes at a time of accelerating growth for LevelUp, which is now used by nearly a million people every month.
Expedia, Inc., (NASDAQ: EXPE) and SilverRail Technologies, Inc., today announced entry into a definitive agreement in which Expedia® will acquire a majority stake in SilverRail. SilverRail set out to solve rail’s most challenging technology problems and has been an important Expedia industry partner, helping to bring online booking for rail to Expedia’s customers.
CyberArk Software Ltd. (NASDAQ: CYBR), the company that protects organizations from cyber attacks that have made their way inside the network perimeter, today acquired privately-held Conjur, Inc., a Newton, Mass.-based provider of DevOps security software for $42 million in cash.
Today Owl Labs comes out of stealth and announces a $6M Series A financing led by Matrix Partners. Founded by CEO Max Makeev and CTO Mark Schnittman, both formerly of iRobot, the company is building an IoT video conferencing hardware product promising the inclusive meeting experience remote employees need and deserve.
SmartBear Software, the leader in software quality tools for teams, announced today that Francisco Partners, a leading global technology-focused private equity firm, has acquired a majority stake in the company designed to support the company’s accelerated growth. Terms of the transaction were not announced.