VMware Makes Two Acquisitions, Mascoma Picks Up SunOpta Unit, Vela Gets $6M, & More Boston-Area Deals News
Erin Kutz9/8/10Follow @erkutz
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meeting new customer demand and supporting the company’s existing partnership with Autodesk.
—Newton, MA-based Life Image, a maker of software for exchanging medical images over the Internet, brought in $5.2 million of a planned $10 million Series B round of funding, according to the company CEO. The financing, led by new investor Cardinal Partners, will go to sales, marketing, and product development.
—Backupify, a Cambridge-based maker of online data management software, announced it had wrapped up $4.5 million in Series A funding led by Avalon Ventures and General Catalyst Partners, with backing from Lowercase Capital and First Round Capital. The company—which provides software-as-a-service products for helping corporate customers manage their information across applications like Gmail, Google Docs, Facebook, and Twitter—has previously raised $900,000 in seed funding from First Round Capital, General Catalyst, Betaworks, and individual investors.
—Bruker Energy & Supercon Technologies, of Billerica, MA, registered for an initial public offering worth about $100 million. The company is a subsidiary of scientific instrument maker Bruker (NASDAQ: BRKR), and plans to use the IPO proceeds for repaying loans, general corporate purposes, research and development, and product expansion.
