Progress (NASDAQ: PRGS) today announced it has acquired Kinvey, a privately-held company based in Boston and leader in Backend as a Service (BaaS) technology. This acquisition is a key part of the Progress strategy to provide the best platform to build and deliver modern cognitive-first applications. Today’s news comes on the heels of the company’s acquisition in March of machine learning and predictive analytics vendor, DataRPM.
We’re thrilled to announce that Zaius has closed an additional $6.5 million as part of our previous round of funding. The investment was led by Underscore VC, with participation from Matrix Partners and Leaders Fund. We’re focusing the additional funds on product development so that we can continue to lead the market by changing the way marketers think about campaign optimization.
Tulip, the developer of the Manufacturing App Platform, announced $13 million in Series A financing today. New Enterprise Associates (NEA) led the round with participation from Pitango Venture Capital and many returning angel investors. Tulip will use the capital to grow its world-class product, design, and research teams, while expanding its customer support capabilities in response to significant customer growth.
Last week we announced a $3.2 million dollar seed round led by IA Ventures, with participation from CrunchFund and TechStars.
This funding will expand server capacity, add new datacenter locations, as well as allow for the development of Object Storage, a CDN, and more 1-click installs of common frameworks.
DigitalOcean, the world's fastest growing cloud provider built for developers, today announced the completion of their $37.2M Series A funding round led by Andreessen Horowitz. The funding will be allocated primarily to hiring top-tier engineers in order to accelerate the company's rapidly growing community, build out highly anticipated product features, and maintain infrastructure throughout the world.
DigitalOcean, the simple cloud infrastructure provider built for developers, today announced the close of a $83 million Series B funding round led by Access Industries, with participation from Andreessen Horowitz.
Since launching in 2012, DigitalOcean has become the world's second largest cloud infrastructure provider for developers building websites and applications. The company is aggressively working to expand its feature set, appealing to the needs of software developers and scaling startups running the company's distributed applications in production.
VentureApp, a professional chat platform, today announced it has secured $4 million in funding, led by Ryan Moore, partner at Accomplice, with participation from Boston Seed Capital, Fullstack Ventures, and a number of prominent angel investors. Ryan Moore will also join VentureApp’s board of directors.
Voysis, the complete voice AI platform, today announced $8 million in Series A financing led by Polaris Partners. The company was founded by CEO Peter Cahill, a Ph.D. who has dedicated 15 years to speech technology and neural network research, to enable third party enterprises to rapidly generate intelligent voice systems with real utility and purpose. Voysis will use this round of financing to expand its U.S. team, opening a new office in Boston, and to further develop its technology for a wide range of partners and customer use cases.
DAI and THINKMD today announced a strategic partnership that will use DAI’s extensive international network to bring THINKMD’s digital health products to new markets. As part of this partnership, DAI led THINKMD’s latest financing round, joined by Fresh Tracks Capital and select private investors.
MediaSilo and Wiredrive announced today the close of their merger, forming the world’s largest SaaS platform for video-driven creative workflows with more than 1,800 enterprise customers worldwide. The joint entity has raised $7M from Boston-based Schooner Capital to support rapid growth and build the next generation of rich media collaboration tools for production, post-production, agencies, and brands.