Lots of news to catch up on in the Boston-area tech sector. This week, we’re tracking an acquisition in healthcare data, the expansion of autonomous vehicle testing in the city, a stealthy cryptocurrency venture fund, and several venture investments. Read on... Read more »
San Antonio—Lockheed Martin, the largest U.S. government contractor, is announcing today it is moving into a 15,400-square foot cybersecurity facility at Port San Antonio in hopes of landing a large contract with the Department of Defense.
The move by... Read more »
Fridays can be the most productive work day, as you look to shore up everything before the weekend starts.
Or, maybe instead, it’s a day filled with long lunches and listless Internet surfing, as you seek out all the interesting articles... Read more »
Biotech financing is a cyclical thing. Two years ago, the IPO window was unlatched but a number of companies ended up withdrawing their stock offerings. Others that pushed their IPOs through couldn’t sell shares at the price they wanted.
This year,... Read more »
Intel (NASDAQ: INTC) announced Thursday that CEO Brian Krzanich has resigned in the wake of the company’s recent discovery that he had been involved in a past consensual relationship with an Intel employee.
The relationship violated Intel’s non-fraternization policy—the finding... Read more »
Retiring baby boomers are expected to more than double Medicare and Medicaid costs from 2017 to 2020, according to industry data. That may just be the tip of the iceberg: by 2035, Medicare will account for 8 percent of the U.S.... Read more »
As a kid in the 1990s, Delane Parnell spent his formative years around Detroit’s 7 Mile and Burgess neighborhood in a home with no Internet. Today, he’s the founder and CEO of a hot Los Angeles-based e-sports startup—and responsible for raising... Read more »
[Updated 6/22/18, 10:06 am. See below.] Matrix Partners has raised $450 million for its 11th U.S. venture capital fund, according to a document filed with securities regulators.
That’s the same size as Matrix’s last flagship fund, which it... Read more »
The window for biotech IPOs remains wide open and six more companies have charged through it, raising more than $568 million in the span of 24 hours.
The first was Eidos Therapeutics (NASDAQ: EIDX), which raised $106 million in its... Read more »
Bossa Nova, a robotics company geared toward grocers and other sellers of related consumer products, announced today it has raised $29 million in new funding.
The round was led by Cota Capital, with previous investors such as Intel Capital, Lucas Venture... Read more »
San Antonio—Dura Holdings is trying to put a different spin on the model of acquiring and improving a business that has either underperformed or may have room to grow.
San Antonio-based Dura buys software-as-a-service (SaaS) companies with recurring revenue and... Read more »
Analog Devices, the 53-year-old semiconductor company, threw a party Tuesday afternoon to celebrate its new technology incubator in Boston, dubbed the Analog Garage—an homage to the innovations that have originated in garages, basements, and other “nondescript quarters” of the world, as... Read more »