Boston Roundup: Formlabs, Yesware, Globoforce, Shuttersong
Catching up after the long weekend, here’s a bit of Boston-area tech business spanning lawsuits, acquisitions, IPOs, and small fundraising rounds:
—It looks like Somerville, MA-based Formlabs, a 3D printing startup that recently raised $19 million, hasn’t quite shed a lingering patent lawsuit. South Carolina-based 3D Systems filed to dismiss its patent lawsuit against Formlabs last week, but a 3D Systems spokeswoman tells Xconomy that’s just to move the lawsuit from a South Carolina court to a new venue in New York. The two sides had been in settlement talks for several months.
—Yesware, which sells software for salespeople, has made its first acquisition: Attachments.me, a small startup working on e-mail software. The former Attachments.me group will remain in the San Francisco area. Yesware recently raised $13.5 million in a round led by Battery Ventures.
—Globoforce, a provider of software for corporate personnel departments, has filed for its IPO. The company, founded under a different name in 1997, has some strong Boston-area connections: its U.S. headquarters is Southborough, MA, and one of its venture capital investors is Cambridge, MA-based Atlas Venture. The company is officially based in Dublin. Kyle Alspach at the Boston Business Journal has more details from the filing.
—Shuttersong, a mobile app that lets users add sound to still photos, has raised a second round of angel investment. The $875,000 investment follows a first round of $800,000 raised in February. The Boston-based startup says its app has been downloaded more than 25,000 times since its launch in September.
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