ClimaCell Raises $1.1M in Funding

Friday, April 7, 2017

As reported by BostInno, ClimaCell has raised $1.1M in funding.  Investors in the round included Project 11 Ventures and Ratan Tata.  ClimaCell is transforming weather forecasting with the world's most accurate weather data. Using the power of wireless communication networks, ClimaCell’s software solutions provide real-time forecasting with unprecedented street-level geographical resolution and global coverage... READ MORE

Akamai Acquires SOASTA

Wednesday, March 29, 2017

Akamai Technologies, Inc. (NASDAQ: AKAM) today announced the company has entered into an agreement to acquire SOASTA, a leader in Digital Performance Management. The acquisition is intended to give Akamai customers greater visibility into the business impact of their website and application optimization strategies. The all-cash transaction is expected to close early in the second quarter.

DataRobot Raises $54M in Series C Funding

Thursday, March 23, 2017

Leader in Automated Machine Learning, DataRobot, today announced the first close in its Series C financing. This secures an additional $54 million, bringing total funding to $111 million. A significant but undisclosed amount of additional funding is expected in an imminent second close of the round. Jeremy Achin, CEO and Co-Founder of DataRobot, sets out the company’s value proposition and the opportunity the funding provides:

Kensho Raises $50M in Funding

Wednesday, March 1, 2017

As reported by Forbes, Kensho in Cambridge, MA has raised $50M in funding led by S&P Global with participation from Goldman Sachs, JPMorgan Chase, Bank of America Merrill Lynch, Morgan Stanley, Citigroup and Wells Fargo, General Catalyst, and Breyer Capital.  Kensho is a machine intelligence company that applies AI for real-world impact across government and commercial institutions around the world... READ MORE

Celect Raises $10M in Series B Funding

Tuesday, February 28, 2017

Celect, a market leader in predictive analytics and inventory optimization for retailers, announced today that it has closed $10M in Series B funding. Led by Activant Capital with participation from Fung Capital and August Capital, the funding will be used to extend momentum built in 2016 after closing the year with 2.5x revenue growth. In addition, Celect will accelerate product development to support growing customer demand and aggressively cultivating sales pipeline to seize on the current market opportunity.

Voysis Raises $8M in Series A Funding

Wednesday, February 22, 2017

Voysis, the complete voice AI platform, today announced $8 million in Series A financing led by Polaris Partners. The company was founded by CEO Peter Cahill, a Ph.D. who has dedicated 15 years to speech technology and neural network research, to enable third party enterprises to rapidly generate intelligent voice systems with real utility and purpose. Voysis will use this round of financing to expand its U.S. team, opening a new office in Boston, and to further develop its technology for a wide range of partners and customer use cases.