Latest Posts

• Boston Tech Watch: NuTonomy, Crypto Fund, Shyft, Renoviso & More

  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 »

  Jeff Engel6/22/18

• Lockheed Martin Opening Cybersecurity Office for DoD in San Antonio

  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 »

  David Holley6/22/18

• Some of the Best Reads for Casual Friday: Artificial Intelligence

  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 »

  David Holley6/22/18

• Bio Roundup: Duchenne Data, Roche Buys Foundation, IPO Wave & 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 »

  Frank Vinluan6/22/18

• Intel CEO Resigns After Board Learns of His Relationship With Employee

  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 »

  Bernadette Tansey6/21/18

• Tcare’s Software Aids People Who Live with, and Care for, Loved Ones

  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 »

  Jeff Buchanan6/21/18

• Latticework Launches Personal Hybrid Cloud for Private Data-Sharing

  Were you aghast at revelations that third-party organizations were able to capture millions of Facebook profiles from users who were unaware of the company’s privacy policy terms? If so, a Silicon Valley startup is hoping to entice you with a new... Read more »

  Bernadette Tansey6/21/18

• Detroit Entrepreneur’s PlayVs is First E-Sports League for High Schools

  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 »

  Sarah Schmid Stevenson6/21/18

• Matrix Partners Holds Steady with $450M Fund, as Other VCs Go Big

  [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 »

  Jeff Engel6/21/18

• Bio IPO Madness: Six Biotech Startups Raise $568M in 24 Hours

  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 »

  Frank Vinluan6/21/18

• Retail Robot Maker Bossa Nova Raises $29M to Monitor Shelves

  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 »

  Angela Shah6/21/18

• Same SaaS, New Acquisition Model: Q&A With Dura’s Paul Salisbury

  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 »

  David Holley6/20/18

• Analog Devices Aims High With Tech “Garage” Atop Boston Skyscraper

  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 »

  Jeff Engel6/20/18

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• New Amazon-Led Healthcare Venture Taps Surgeon, Author Gawande as CEO

  The new, independent, healthcare-focused company Amazon, Berkshire Hathaway, and JPMorgan Chase plan to launch made a big splash when it was first announced in January, but few details have emerged since.

  On Wednesday, the trio of American business heavyweights revealed... Read more »

  Jeff Buchanan6/20/18

• New Chapter: Publishing Executive Alston Becomes New CEO at DEC

  Dallas—Alyce Alston, a veteran of the digital media and publishing industries, officially took over the reins of the Dallas Entrepreneur Center Wednesday.

  “I’ve always been an innovator within large organizations and then with startups after that,” she says. “I have... Read more »

  Angela Shah6/20/18

• Goldman Sachs Leads $43M Funding for Website Platform NGINX

  NGINX Inc., a Web application delivery platform company built on the open-source Web server NGINX, announced today it raised $43 million in a Series C fundraising to advance its system for helping clients modernize their websites.

  The funding round,... Read more »

  Bernadette Tansey6/20/18

• CrowdStrike Hauls In $200M, Reports Valuation Over $3 Billion

  CrowdStrike, a Silicon Valley cybersecurity company that fends off hackers by patrolling the edge devices connected to a network, announced today it raised $200 million in a financing round that sets the company’s valuation at more than $3 billion.

  Sunnyvale,... Read more »

  Bernadette Tansey6/19/18

• What’s Hot in Seattle Biotech: Tech, Life Sciences Convergence & More

  Like a good cup of coffee, Seattle’s life sciences ecosystem is a balanced blend of complementary parts: research to find the underpinnings of disease, and information technology that helps scientists make sense of the data. That convergence was on display last... Read more »

  Frank Vinluan6/19/18

• CVS Health Expands Delivery, as Pharmacies Try to Keep Amazon at Bay

  CVS Health said Tuesday that it has expanded its prescription-drug delivery service nationwide. Customers of the Rhode Island-based retail pharmacy giant, which operates about 9,800 stores in the U.S., will be able to get their medications, as well as over-the-counter items,... Read more »

  Jeff Buchanan6/19/18

• LoftSmart Adds $12.9M for Student Housing Review and Rental Software

  LoftSmart, a website that helps college students find off-campus housing, has raised $12.9 million in an equity funding round, according to a securities filing.

  New York-based LoftSmart lets students search for and review properties typically rented by students, leaving feedback... Read more »

  David Holley6/19/18

• In a Genentech Redux, Roche Pays $2.4B for Rest of Foundation Medicine

  Roche this morning agreed to acquire the part of Foundation Medicine it didn’t already own, another big vote of confidence in tests that analyze a patient’s cancer genes and the drugs that can target them.

  Roche will pay $137 per share,... Read more »

  Ben Fidler6/19/18

• Sarepta’s Data Are First in Rush for Duchenne Gene Therapy

  It’s far too early to say whether gene therapy can treat Duchenne muscular dystrophy, a deadly genetic disease. But the first clinical data have arrived, with Sarepta Therapeutics today reporting encouraging preliminary results from three patients.

  Sarepta (NASDAQ: SRPT), of... Read more »

  Ben Fidler6/19/18

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• Business Catering Firm ezCater Goes Big With $100M Round

  Boston-based ezCater, which runs an online food-ordering service for businesses, said today it has $100 million in new money. The Series D financing round was led by Wellington Management Company, with previous investors including Iconiq Capital and Insight Venture Partners... Read more »

  Gregory T. Huang6/19/18

• Foxconn, Arrowhead, NorthStar & More: This Week’s Wisconsin Watchlist

  Catch up on news from Wisconsin’s innovation community with these recent headlines:

  —Foxconn paid nearly $15 million for an office building in downtown Milwaukee that will serve as the company’s North American headquarters, the Milwaukee Journal Sentinel reported. The location... Read more »

  Jeff Buchanan6/19/18

• Comcast, ForgePoint Pump $10M Into Security Analytics Startup Uptycs

  Uptycs is starting to make some noise. Today, the two-year-old cybersecurity startup announced a $10 million Series A funding round to help expand its team and advance its security analytics software.

  The investment was led by ForgePoint Capital, a cybersecurity-focused... Read more »

  Jeff Engel6/19/18

• Emulate Adds $36M to Expand “Organ Chip” Drug Research Technology

  Emulate, a Boston-based startup that has developed small laboratory chips intended to replace the animal tests used in pharmaceutical research, has raised $36 million in financing.

  The Series C round of funding was led by Founders Fund. Also participating in the... Read more »

  Frank Vinluan6/19/18

• Decibel Hauls in $55M to Bring Multiple Hearing Drugs to the Clinic

  [Updated, 6/19/18, 4:20 p.m. See below.] Hearing loss affects millions of Americans, but so far, drug companies have not yet brought treatments to the market. Decibel Therapeutics aims to pioneer the discovery and development of therapies addressing multiple forms... Read more »

  Frank Vinluan6/19/18

• New Conquer Cohort Tackling Homecare Staffing, Snapchat Filters, More

  A glance at the thermometer confirms summer is officially here—quite oppressively here if you’re in the Midwest—and that means the start of a handful of annual startup incubation programs in Michigan.

  The Conquer Accelerator, hosted by Spartan Innovations, just... Read more »

  Sarah Schmid Stevenson6/19/18

• Quest Analytics Buys Healthcare Compliance Software Firm BetterDoctor

  BetterDoctor, a San Francisco-based startup that has built a national database with information on physicians, dentists, and other practitioners, has been acquired by a Wisconsin software analytics business, the companies said Monday.

  Appleton, WI-based Quest Analytics said that following its... Read more »

  Jeff Buchanan6/18/18

• Rock River Capital Nabs Another $15M to Invest in Midwest Startups

  A young Wisconsin venture capital firm says it has raised more than $15 million for a fund created under a program partially supported by the state of Wisconsin and aimed at increasing the amount of funding available to Badger State startups.... Read more »

  Jeff Buchanan6/18/18

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