Blog

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!


IPOs

 

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.”
Location: Waltham

Carbon Black is now hiring! Check out their BIZZpage

 

EverQuote is an online marketplace for auto insurance. EverQuote plans to list on the Nasdaq under the symbol "EVER."
Location: Cambridge

EverQuote is now hiring! Check out their BIZZpage


Aquisitions

 

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.
Location: Somerville

PillPack is now hiring! Check out their BIZZpage

 

LogMeIn purchased a leader in the Unified Communications-as-a-Service (UCaaS) space.
Location: Boston

LogMeIn is now hiring! Check out their BIZZpage

 

Gannett reached an agreement with WordStream, totaling $130M in cash.
Location: Boston

WordStream is now hiring! Check out their BIZZpage

 

SmartBear plans on implementing the French company’s continuous testing software into its platform.
Location: Somerville

SmartBear is now hiring! Check out their BIZZpage

 

Bullhorn’s recent acquisitions are leading recruitment software providers.
Location: Boston

Bullhorn is now hiring! Check out their BIZZpage

 

Valutive is a leading cloud security provider.
Location: Newton

Cyberark is now hiring! Check out their BIZZpage

 

Kensho’s AI, machine learning, data visualization, and analytics technology will be part of S&P’s emerging technology department.
Location: Boston

Kensho is now hiring! Check out their BIZZpage

 

SimpliSafe announced that Hellman & Friedman has taken a controlling interest in the company at a reported valuation of about $1 billion.
Location: Boston

SimpliSafe is now hiring! Check out their BIZZpage

 

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.
Location: Boston

Motus is now hiring! Check out their BIZZpage

 

Medidata is combining their own platform and SHYFT Analytics’ platform into one analytics platform.
Location: Boston

SHYFT Analytics is now hiring! Check out their BIZZpage

 

Sqrrl was a cybersecurity startup focusing on hunting down security threats. The team and tech of the company became part of Amazon Web Services.
Location: Boston

Funding (Over $50M)

 

Drift plans on using the funds to expand their business in both Boston and San Francisco.
Investors: Sequoia Capital
Location: Boston

Drift is now hiring! Check out their BIZZpage

 

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
Location: Cambridge

BitSight is now hiring! Check out their BIZZpage

 

Desktop Metal’s newest round of funding brings their total to $277M.
Investors/Firms: Ford
Location: Burlington

Desktop Metal is now hiring! Check out their BIZZpage

 

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
Location: Boston

ezCater is now hiring! Check out their BIZZpage

 

Circle and Bitmain’s partnership will result in the development of Circle USDC (tokenzied US dollars as the company calls them).
Investors/Groups: Bitmain
Location: Boston

Circle is now hiring! Check out their BIZZpage

 

The company plans on using the funding to accelerate expansion and product growth.
Investors/Groups: Summit Partners, Bessemer Venture Partners
Location: Boston

Fuze is now hiring! Check out their BIZZpage

 

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
Location: Newtown
 

Scout Exchange offers marketing recruiting software.
Investors: TRI Ventures
Location: Boston
 

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
Location: Boston
 

XebiaLabs is a leader in Enterprise DevOps and Continuous Delivery software.
Investors: Susquehanna Growth Equity and Accel
Location: Burlington
 

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
Location: Boston
 

The company developed a new type of LED bulb based on designs from Nikola Tesla.
Investors: Brian Kelley
Location: Boston
 

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
Location: Boston
 

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
Location: Boston
 

CIC plans to expand its network of international locations.
Investors: HB Reavis
Location: Cambridge

Colin Barry is a Staff Writer & Editor at VentureFizz. Follow him on Twitter @ColinKrash