News listing

Mobile payment app aims to create loyalty

Mar 25, 2012
Publisher: Innovation Economy

Seth Priebatsch, 23, has a big vision for his Cambridge company, SCVNGR. He wants to dominate the market for mobile payments, allowing cellphones to be used in place of cash or plastic to buy things.  Already, 250 businesses around Boston allow consumers to use SCVNGR’s LevelUp mobile app to pay...

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Category: Innovation Economy, SCVNGR, Seth Priebatsch

Celtra Brings Rich Media to Brands on Facebook, Sees Everything Going Mobile

Mar 22, 2012
Publisher: Xconomy

What’s Facebook’s mobile strategy going to be? How are brands going to take advantage of the mobile medium? These are some of the biggest outstanding questions in the tech-business arena. We’re getting a glimpse of some of the answers this week—and a Boston startup is directly involved in...

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Category: Celtra, Mihael Mikek, Xconomy

Vivox Acquires Droplet to Bring Video Chat to Your Mobile

Mar 20, 2012
Publisher: BostInno

Vivox, a Natick-based voice integration platform focused on the social web, today announced it had acquired Droplet, Inc., which has developed patented technology that enables video chat on mobile networks and is based in New York City.  Vivox has made strides in integrating voice chatting into...

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Category: BostInno, Vivox

Five Facts about Mendix, Another Cloud Enterprise App Startup

Mar 20, 2012
Publisher: Xconomy

Take a look at Mendix and you’ll see some oft-buzzed-about themes. It’s a platform-as-a-service company that’s looking to disrupt the existing world of enterprise IT. Its technology is built around the cloud. And it’s located in Boston’s “Innovation District”  Mendix was dreamt up by CEO Derek Roos...

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Category: Derek Roos, Mendix, Xconomy

Red-hot Veracode plotting 'big' venture capital raise

Mar 19, 2012
Publisher: Boston Business Journal

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...

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Category: Bob Brennan, Boston Business Journal, Veracode

Not all was lost when Apple bought Quattro

Mar 18, 2012
Publisher: Innovation Economy

Just before Christmas in 2009, Andy Miller gathered the employees of his Waltham mobile advertising start-up in an open bullpen area. The employees figured it was probably the year-end review of the company’s numbers. But then Miller showed a video of Steve Jobs introducing the original ...

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Category: Andy Miller, Innovation Economy, Jennifer Lum, Quattro Wireless

Ex-Vertica/HP Honcho Lynch Talks Next Steps, New Big Data Investments

Mar 16, 2012
Publisher: Xconomy

“I’m a fighter. I’m only happy when I’m in some kind of battle.”  That would be Chris Lynch, the former CEO of Vertica Systems, the Cambridge, MA-based data analytics firm acquired by Hewlett-Packard for some $300 million a year ago. Lynch is looking for his next battle right now, since he left HP...

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Category: Chris Lynch, Vertica Systems, Xconomy

Boston VCs: IPO window is officially open

Mar 16, 2012
Publisher: Boston Business Journal

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...

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Category: Boston Business Journal, Brightcove, Demandware, General Catalyst, Jeff Bussgang, Jeff Fagnan, Neeraj Agrawal

Brightcove CEO Jeremy Allaire Makes His First Peep After The IPO Quiet Period Ends

Mar 15, 2012
Publisher: TechCrunch

Brightcove may not have had the sexiest IPO in the recent wave of offerings, but the company’s return so far definitely beats Zynga and Groupon’s performances since their debuts. After launching its video platform six years ago, Brightcove went public just a few weeks ago on the NASDAQ by raising $55 million...

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Category: Brightcove, Jeremy Allaire, TechCrunch

HubSpot revenue hit $29M in 2011, company reports

Mar 15, 2012
Publisher: Boston Business Journal

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...

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Category: Boston Business Journal, Brian Halligan, HubSpot