Boston Tech Roundup: RedPoint, Verdasys, Directr
Here’s a few deals to catch up on as we wrap up another summer week around the Boston-area technology sector:
—RedPoint Global, a Wellesley Hills, MA-based software company, has raised $5.2 million in venture investment. The round was led by Grotech Ventures and joined by Sagamore Ventures. RedPoint offers products aimed at digital marketing and data management. It says the investment is aimed at boosting sales and marketing for the most recent version of its data management software.
—Security software company Verdasys is changing names. The Waltham, MA-based company is now called Digital Guardian, which is the name of its main product. The company hired Ken Levine as CEO this spring after raising $12 million. Digital Guardian now says it is adding to that round, and expects it to close at more than $20 million.
—Google is acquiring Directr, a small Boston-based mobile video startup. No terms were disclosed. On its website, Directr says its employees are joining Google-owned YouTube’s video ads team. Directr had raised about $1.7 million since 2012.