PowerInbox, a startup born in Florida, has relocated to the area, operating out of the Cambridge offices of its main investor, Atlas Venture, which led its recent $1.1 million funding round. The company will soon be moving to new digs at 129 Franklin St. in Cambridge, and also today announced it opened up its enhanced email inbox service to the public for the first time... Read more
Category: Atlas Venture, Mass High Tech, PowerInboxCarbonite Inc. is expected to price its initial public offering today, according to a report, despite the major volatility in the stock market in recent days. The Boston-based company is looking to raise up to $122.2 million in the offering and trade on the Nasdaq Stock Market under the ticker, CARB. Originally, a dozen IPOs had been scheduled for this week... Read more
Category: Carbonite, Mass High TechMassChallenge, the startup accelerator program based in South Boston, said Tuesday that the 111 companies that made up its inaugural 2010 class of finalists have raised a combined $90 million over the past 12 months. The program said in a release that the startups have also created 500 jobs over the same period. Among the largest fundings for a company from that group... Read more
Category: Ksplice, Mass High Tech, MassChallengeConstant Contact CEO Gail Goodman is departing the board of HubSpot Inc. because the two companies are starting to “partially overlap” in their business areas, HubSpot CEO Brian Halligan wrote in a blog post Tuesday. Cambridge-based HubSpot is adding LogMeIn Inc. CEO Michael Simon to its board of directors in her place, Halligan wrote... Read more
Category: Brian Halligan, Constant Contact, Gail Goodman, HubSpot, Mass High TechBoston-based Fiksu Inc. – which started life as Fluent Mobile – has launched a pair of indexes that it hopes will both show mobile app marketers the kind of benchmarks they need to be paying attention to, and possibly draw in customers to Fiksu’s mobile app marketing technology. “We want to help build the ecosystem,” said Fiksu CEO and co-founder Micah Adler. “If this helps... Read more
Category: Fiksu, Mass High Tech, Micah AdlerVenture firm Highland Capital Partners has kicked off its fourth Summer@Highland program by announcing the 10 university-affiliated startup teams selected to participate. Each team receives $15,000 along with free office space at the Cambridge Innovation Center, Highland’s summer office in the South of Market (SoMa) district of San Francisco... Read more
Category: ByteLight, Highland Capital, Mass High Tech, Peter Bell, Summer@Highland, TivliSerial entrepreneur Bill Seibel says it was last October when he recognized something important about mobile, and in the process, a big opportunity. “It became really clear to me that mobile was front and center on the radar screens of all executives,” he said. “But there really wasn’t anything in the industry that was addressing the issues they had with getting started... Read more
Category: Bill Seibel, Mass High Tech, MobiquityTwelve years after its founding, Cambridge-based Endeca Inc. has established itself as a search engine technology leader, reporting more than $150 million in annual revenue and customers such as Walmart, IBM and Toyota. Endeca CEO Steve Papa says data trends make him confident that considerable growth is still ahead for the company, known in the IT world as... Read more
Category: Endeca, IPO, Mass High TechA new social media startup has launched its website as a way of identifying “target influencers” and connecting agencies and brands to these individuals – and it has experience on the side of its co-founders. Going Inc. co-founders Roy Rodenstein and Rebecca Xiong, and startup developer Jason Toy co-founded SocMetrics, which just launched its new website... Read more
Category: Going.com, Jason Troy, Mass High Tech, Rebecca Xiong, Roy RodensteinThe founding team of SSL certificate vendor GeoTrust has come together again following the expiration of a non-compete agreement with VeriSign, which bought GeoTrust in 2006. And they’ve launched AffirmTrust Tuesday as an SSL certificate firm to compete in the same space as VeriSign – and to fill in where VeriSign has left room for opportunity... Read more
Category: AffirmTrust, GeoTrust, Mass High Tech, Neal Creighton