July 3, 2018
Boston Tech Top Deals of 2018...So Far!
Here's your look at the top funding, investments (over $50M), acquistions, and IPO news in Boston tech for 2018...so far!
Carbon Black is one of the leading providers of enterprise-wide endpoint security. Carbon Black intends to list its common stock on the NASDAQ Global Select Market under the ticker symbol “CBLK.”
EverQuote is an online marketplace for auto insurance. EverQuote plans to list on the Nasdaq under the symbol "EVER."
PillPack delivers medications in pre-sorted dose packaging, coordinates refills, and renewals, and makes sure shipments are sent on time. The acquisition is subject to regulatory approvals.
LogMeIn purchased a leader in the Unified Communications-as-a-Service (UCaaS) space.
Gannett reached an agreement with WordStream, totaling $130M in cash.
SmartBear plans on implementing the French company’s continuous testing software into its platform.
Bullhorn’s recent acquisitions are leading recruitment software providers.
Valutive is a leading cloud security provider.
Kensho’s AI, machine learning, data visualization, and analytics technology will be part of S&P’s emerging technology department.
SimpliSafe announced that Hellman & Friedman has taken a controlling interest in the company at a reported valuation of about $1 billion.
Thoma Bravo, a leading private equity investment firm, today announced an innovative deal to acquire the premier vehicle management and reimbursement platforms of Motus and Runzheimer.
Medidata is combining their own platform and SHYFT Analytics’ platform into one analytics platform.
Sqrrl was a cybersecurity startup focusing on hunting down security threats. The team and tech of the company became part of Amazon Web Services.
Funding (Over $50M)
Drift plans on using the funds to expand their business in both Boston and San Francisco.
Investors: Sequoia Capital
BitSight Technologies, the developers of cybersecurity rating software for enterprise companies, has expansion plans in mind with this new round.
Investors: Warburg Pincus, Menlo Ventures, GGV Capital, and Singtel Innov8
Desktop Metal’s newest round of funding brings their total to $277M.
ezCater enables businesspeople to connect with local caterers and restaurants online. The company plans on using the funds to expand their business internationally.
Investors: Wellington Management
Circle and Bitmain’s partnership will result in the development of Circle USDC (tokenzied US dollars as the company calls them).
The company plans on using the funding to accelerate expansion and product growth.
Investors/Groups: Summit Partners, Bessemer Venture Partners
Paytronix Systems, Inc., an innovator in loyalty, rewards, gift, mobile applications, and guest engagement analytics software, has received a $65 million growth equity investment.
Investors: Great Hill Partners
Scout Exchange offers marketing recruiting software.
Investors: TRI Ventures
Iora Health is a healthtech company providing Medicare to 65+-year-old patients.
Investors:.406 Ventures, Devonshire Investors, F-Prime Capital, Flare Capital Partners, GE Ventures, Humana, Khosla Ventures, Polaris Partners and Temasek
XebiaLabs is a leader in Enterprise DevOps and Continuous Delivery software.
Investors: Susquehanna Growth Equity and Accel
TraceLink is providing prescription drug manufacturers a way to keep track of counterfeit drugs in their supply chains.
Investors: Goldman Sachs, FirstMark Capital, F-Prime Capital, Volition Capital
Location: North Reading
Validity plans on expanding their business with this newest investment.
Investors/Firms: Silversmith Capital Partners
The company developed a new type of LED bulb based on designs from Nikola Tesla.
Investors: Brian Kelley
Akili creates digital games for patients with behavioral disorders
Investors: Temasek, with participation from Baillie Gifford, Amgen Ventures, M Ventures, JAZZ Venture Partners, Canepa Advanced Healthcare Fund, and Brooklands Capital Strategies
True Fit, the retail industry’s data-driven personalization platform for apparel and footwear today announced a new $55 million Series C investment.
Investors: Georgian Partners with participation from existing investors Jump Capital, Signal Peak Ventures, Intel Capital, and new investor Cross Creek Capital
CIC plans to expand its network of international locations.
Investors: HB Reavis