Ksplice Bought By Oracle, Q2 Boston Deals Break $1B, General Catalyst Funds Airbnb, & More Boston-Area Deals News
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put the money, which also comes from return backer Matrix Partners, towards selling, marketing, and developing its software that enables businesses to create and run Java-based applications in the Internet cloud.
—Framingham, MA-based GlassHouse Technologies, an IT consulting firm that’s filed plans for an initial public offering, took in another $6 million in funding. Citrix Systems (NASDAQ: [[ticker:CTXS]) and Greenspring Associates invested $5 million and $1 million, respectively.
—Cambridge-based venture firm General Catalyst Partners was part of the group that pumped a massive $112 million into Airbnb, a San Francisc0-based startup powering an online platform for renting out your home to travelers looking for options beyond hotels. Other Airbnb investors include Andreessen Horowitz, DST Global, Greylock Partners, Sequoia Capital, Ron Conway’s SV Angel, actor Ashton Kutcher, and Youniversity Ventures.
—Chargify, the recurring billing technology offshoot of Needham, MA-based software developer the Grasshopper Group, took in an undisclosed amount of funding from Mark Cuban, owner of 2011 NBA champions the Dallas Mavericks.
With Ashton Kutcher, Mark Cuban, and Larry Ellison all making Massachusetts news, it was a pretty busy week.