Boom or Bust? 11 Big Bets on the Future of Boston Tech

7/9/12Follow @gthuang

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Kayak
HQ: Norwalk, CT (technology center in Concord, MA)
Founded: 2004
CEO: Steve Hafner
Amount raised: $223M
Investors: General Catalyst, Sequoia Capital, Accel Partners, Oak Investment Partners.
What it represents: The future of online travel tech.
Why it wins: Name-brand recognition and ease of use; travel is a booming sector (watch for the IPO…soon?).
Why it loses: Too much competition in travel search (especially with Google); costly to acquire customers.
Photo courtesy of Kayak

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com or call him at 617-252-7323. Follow @gthuang

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  • http://about.me/miketrap Mike Troiano

    Great piece, Greg. Thanks for the props, and the warning. Worth noting… Actifio is radically simple copy data management. We stop the data storage explosion lots of businesses are struggling with right now by addressing its root cause: the siloed data protection and availability apps creating, moving, and storing copy after copy of everything in production. Think backup, snapshot, disaster recovery, test & dev, etc. We replace all that complexity and expense with a storage appliance that creates a single, golden copy of everything in production, and tracks changes to it over time. The result is a single, simple, elegant system that lets you recover any thing from any time instantly for up to 90% less than you’re paying today. It’s really not that hard to understand, we just need to do a better and more consistent job explaining it. I promise we will.

  • gthuang

    Thanks, Mike. I suspect your customers get the concept right away. It’s just one of those things that’s hard to write about in the mainstream press. You guys are building a very interesting company—definitely one to watch closely.