Boston Tech Roundup: Bain Capital, Polaris, Onapsis, & More
[Updated 12:45 pm]
We’ve got news on venture funds and startups around the greater Boston area raising money in this week’s collection of innovation sector headlines:
—Bain Capital Ventures has filed SEC paperwork for a new investment pool of about $850 million, spread across two funds. Boston-based Bain Capital Ventures also has offices in New York and Palo Alto, CA. It last raised a venture fund of about $600 million in 2012.
—Boston’s Polaris Partners is reportedly looking for investors in a new venture fund. Fortune’s Dan Primack has the news, and says the latest fund is targeting $400 million. No paperwork has been filed with federal regulators yet. Earlier this week, Polaris said former oDesk CEO Gary Stewart would join the firm as a venture partner in its San Francisco office.
—Onapsis, a Cambridge, MA-based security software company, has raised about $9.6 million to boost its product and expand sales efforts. The investment was led by .406 Ventures, joined by Endeavor Catalyst and previous investors. Onapsis focuses on protecting behind-the-scenes business software, such as programs used for enterprise resource planning and supply chain management.
—Pixability, a Boston-based seller of video marketing software, has added $4 million to its Series B investment round. Point Judith Capital led the investment, joined by Quad/Graphics and Progress Ventures. Pixability’s software helps companies market themselves on YouTube. It had raised about $4.1 million in the first piece of the Series B round in early 2013.
—TalkTo, a Cambridge, MA-based startup that helps consumers communicate with businesses, has been acquired by San Francisco-based social networking company Path. Terms of the deal were not disclosed. Path plans to use the TalkTo system to help expand its messaging app, which it is rolling out as a separate service. [Added this item.]