December 14, 2018
Boston Tech Deals Roundup - Funding News (December 10 - December 14)
Colin W. Barry
Content Manager
Here’s your look at the acquisition and funding news in Boston tech from December 10 to December 14!
New Fund
HubSpot announced the launch of HubSpot Ventures, a $30 million fund that aims to bolster and expand the impact of software-as-a-service startups. In evaluating companies for investment, HubSpot Ventures will prioritize early-stage companies raising funding for a seed, Series A or Series B round.
Blockchain-focused venture capital group Algo Capital, is launching a $100 million USD fund to invest and manage significant capital in emerging disruptors building on the Algorand decentralized platform.
Acquisitions
Rave Mobile Safety announced the acquisition of SwiftReach Networks (SwiftReach), a leading provider of emergency notification and incident management solutions. The combination of Rave and SwiftReach will provide wide-ranging capabilities and unmatched infrastructure to ensure optimal communications under the most demanding circumstances.
Rave Mobile Safety is now hiring! 
Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces the acquisition of TellusLabs, a leader in the use of satellite imaging for developing agricultural insights.
Indigo is now hiring!
Funding
Celect has raised a $15 million Series C round as it tries to sell its inventory-prediction technology to more retailers.
Investors: NGP Capital, Fung Capital, Activant Capital, and August Capital
Celect is now hiring!
Solo.io, a Cambridge, Mass-based startup that has just exited stealth mode, helps enterprises adopt cloud-native technologies.
Investors: Redpoint Ventures and True Ventures
MachineMetrics Inc., a Northampton tech startup focused on collecting data from factory floors, has raised $11.3 million, which it will use in part to grow its new office in Cambridge.
Investors: Tola Capital, Hyperplane Venture Capital, Long River Ventures, Mass Ventures and Hub Angels
Colin Barry is an Editor & Staff Writer to VentureFizz. Follow him on Twitter @ColinKrash
