Deals - Q1 2014 Review - Scaling to the Next Level

 
 

Deals - Q1 2014 Review - Scaling to the Next Level




Q1 2014 has been a very active quarter in the Boston tech community.

Yesterday, we reviewed the exits or companies on the verge of one with The Big Ones.

Today, we are going to take a look at many of the middle-stage companies that have raised funding to scale to the next level.


* Scaling cover photo from Shutterstock

Localytics raised $16M in funding






Localytics, the analytics & marketing platform for mobile and web apps, raised $16M in funding. 

Investors: Foundation Capital and Polaris Partners.  Localytics was part of the first Techstars class in Boston back in 2009.
 

Teespring raised $20M in funding






Teespring, the online custom t-shirt company in Providence, raised $20M in funding from west coast firm Andreessen Horowitz.  
 

Circle raised $17M in funding






Jeremy Allaire's latest startup called Circle is focused on building a platform for the bitcoin market.

They closed a $17M Series B round of funding which included Breyer Capital, Accel Partners, and General Catalyst Partners.
 

Aereo raised $34M in funding






Aereo raised $34M on their continued quest to disrupt the TV cable industry.

Investors:  IAC, Gordon Crawford, Himalaya Capital Management, Highland Capital Partners, FirstMark Capital, and others.
 

DataXu raised $10M in funding






Fast growing AdTech company, DataXu raised $10M in funding. They are on the potential IPO target list.
 

Quanttus raised $22M in funding






Quanttus is a consumer healthcare company commercializing a game-changing clinical-grade vitals sensing technology from the labs at MIT. 

They raised $22M from Khosla Ventures and Matrix Partners.
 

CloudBees raised $11M in funding






CloudBees, the Enterprise Platform as a Service (PaaS) company, raised $11M in funding.

Investors: Verizon Communications Inc., Matrix Partners, Blue Cloud Ventures, and LightSpeed Venture Partners.
 

NuoDB raised $14.2M in funding






NuoDB, the distributed database technology company, raised $14.2M in funding.

Investors: Dassault Systèmes, Morgenthaler Ventures, Hummer Winblad Venture Partners, and Longworth Venture Partners. They have raised a total of $26.2 million.
 

Bit9 merged with Carbon Black & raised $38.25M






1 + 1 = 3... Bit9 merged with next generation security company Carbon Black, based in San Antonio, TX.

They also announced $38.25M in new funding from Atlas Venture, .406 Ventures, Highland Capital Partners, Kleiner Perkins Caufield & Byers, and Sequoia Capital.
 

CounterTack raised $15M in funding






Continuing down the tech security path, CounterTack raised $15M in funding. 

Investors: Siemens, Goldman Sachs, & Fairhaven Capital. 
 

Verdasys raised $12M in funding






Rounding out the security companies, Verdasys is a data protection company that raised $12M in funding.

Investors: GE Pension Trust and Brookline Venture Partners.
 

Mendix raised $25M in funding






Mendix, the app platform company for the enterprise, raised $25M in funding.

Investors: Battery Ventures and Prime Ventures.
 

VoltDB raised $8M in funding






Bring on the big data! VoltDB is an in-memory relational DBMS capable of supporting millions of database operations per second.

They raised $8M in funding from Sigma Partners, Kepha Partners, and an undisclosed Silicon Valley luminary.