ZappRx, Inc., a digital health company focused on modernizing and expediting the specialty drug prescribing process, today announced it closed $25 million in Series B funding led by Qiming US Healthcare Fund, a venture capital firm based in Seattle that is part of a broader family of Qiming Venture Partners. The Series B round included participation from SR One, who led ZappRx's Series A round in 2014, and GV (formerly Google Ventures). As part of the financing, Mark McDade, Managing Partner at Qiming US, will join ZappRx's Board of Directors.
As reported by the Boston Business Journal, InnovaSea Systems Inc. has raised $15M in funding. InnovaSea Systems, a Cuna del Mar portfolio company, is dedicated to supporting open-ocean aquaculture businesses by producing innovative, environmentally-focused sustainable technologies and service solutions for the industry.... READ MORE
Reflexis, the leader in retail real-time execution and workforce management solutions, announced today that it has received a minority equity investment from Great Hill Partners, a Boston-based private equity firm focused on partnering with rapidly growing technology companies. Reflexis’ existing leadership team will use proceeds from the financing to further strengthen its technology offerings and solidify Reflexis’ position as a market leader.
Akamai Technologies, Inc. (NASDAQ: AKAM) today announced the company has entered into an agreement to acquire SOASTA, a leader in Digital Performance Management. The acquisition is intended to give Akamai customers greater visibility into the business impact of their website and application optimization strategies. The all-cash transaction is expected to close early in the second quarter.
ClearGov, a leading provider of local government transparency and benchmarking solutions, announced today that is has raised a $1.2 million seed round to fund its rapid expansion. Local governments use ClearGov’s enterprise SaaS solution to reduce operational inefficiencies, make informed budgetary decisions, and improve communication with citizens. The seed round was led by Kepha Partners and included MassVentures, as well as a host of angel investors.
As per SEC filings, CiBO Technologies in Cambridge has raised $30M in venture funding. CiBO is developing a proprietary crop science platform that provides robust information solutions for its customers... READ MORE
Placester, the all-in-one marketing toolkit for real estate professionals with beautiful lead capturing websites, lead management, email marketing, marketing automation, analytics, free education and 24/7 support, today announced it has raised a $50M Series D round led by existing investor New Enterprise Associates (NEA), the global venture firm whose notable investments include SalesForce.com, MuleSoft and Box, among others. This investment brings Placester's total funding to $100 million.