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.