Nokia Acquires Metacarta, Massachusetts Taps EnerNOC and FloDesign, MedVentive Gets Backing from Clarian Health, & More Boston-Area Deals News
Erin Kutz4/14/10Follow @erkutz
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use EnerNOC’s energy-monitoring software in tracking 470 state buildings for at least three years.
—Demandware, a Woburn, MA e-commerce storefront provider, brought its Series D funding round up to $22 million, with backing from General Catalyst Partners and North Bridge Venture Partners.
—Tap ‘n Tap, a Cambridge maker of a software platform for touch screen Internet devices, pulled in a $2.25 million Series A round led by New Atlantic Ventures.
—Mersana Therapeutics, a Cambridge biotech startup that makes drugs last longer in the bloodstream, announced its first big partnership, with Israel-based Teva Pharmaceutical Industries. Mersana didn’t disclose its upfront payment from Teva, but could ultimately receive as much as $334 million if its polymer-based drug for fighting tumors reaches all the goals outlined in the deal.
—SpaceClaim, a company that makes 3-D software for non-engineers, has raised another $5 million in Series D funding, led by North Bridge Venture Partners and Kodiak Ventures. That brings the Concord, MA-based company’s venture funding total to just over $30 million.
—March’s venture investing numbers came in, and I wrote about the $194.5 million that was raised across 17 deals. This was almost $10 million less than the money investors put into startups in February, but healthcare investing dollars jumped to $144 million in March, taking up about three-quarters of the money raised in the month.
—Beverly, MA-based Searchandise Commerce, a website focused on connecting retailers and manufacturers in e-commerce, raised a $7 million Series 2 funding round, led by Seattle-based Madrona Venture Group. The money will go to ramping up the company’s sales, marketing, and operations teams.
