Boston Tech Deals Roundup - Acquisitions, Merges and Funding News (Apr 23 - May 3)
Here’s your look at the acquisition and funding news in Boston tech from April 23rd to May 3rd!
Bose acquires Detour
Detour is a walking tour-simulator founded by Groupon founder Andrew Mason.
BuySellAds buys Digg Reader
BuySellAds is an adtech company acquiring an RSS feed part of content aggregator Digg.
American Well acquires Avizia
American Well plans on using Avizia’s technology to expand their acute healthcare capabilities.
Also, American Well is hiring! Check out its BIZZpage
Sovos acquires TrustWeaver
Sovos is a global provider of tax software.
Kaseya merges with Unitrends
Both companies are combining their respective IT management solutions into one platform.
Location: Boston and Miami
LaunchByte invests into seven startups totaling $875,000
LaunchByte, an execution-focused and startup hub, has made the announcement that they are making pre-seed investments into seven companies; 1Touch, BondApp, Herb N' Go, HollarHype, ThinkerZero, Wave, and ZenMe. LaunchByte’s investments are exclusively for product development, marketing, and growth.
Formlabs raises Series C funding totaling $30M
Formlabs plans on using the funds to broaden its business portfolio
Investors/Firms: Tyche Partners, Shenzen Capital Group, UpNorth Investment Limited
Also, Formlabs is hiring! Check out its BIZZpage
Minim secures $2.5M seed round
Minim is an IoT company who developed a platform protecting wireless devices.
Investors/Firms: Founder Collective, Flybridge Capital Partners
Namogoo finalizes Series B at $15M
Namogoo has created a platform for eCommerce companies to eliminate customer hijacking.
Investors/Firms: Hanaco Venture Capital, GreatPoint Ventures, Blumberg Capital and Inimiti Capital
Validity receives growth equity investment
Validity plans on expanding their business with this newest investment.
Investors/Firms: Silversmith Capital Partners
Sentenai raises $2M in a seed round
Sentenai is an up-and-coming data science technology using the funds to expand its team
Investors/Firms: One Way Ventures
Soft Robotics raises $20M in an oversubscribed funding round
Soft Robotics is creating automated, industrial packing robots
Investors/Firms: Hyperplane Venture Capital, Scale Venture Partners, Calibrate Ventures, Honeywell Ventures, Tekfen Ventures, Yamaha Motor Co., Ltd.
ToolsGroup obtains growth equity investment
The company wants to expand its supply chain technologies.