NaviSite Bought By Time Warner, BG Medicine Goes Public, Omnicom Gets Communispace, & More Boston-Area Deals News

the financing total to $13.6 million.

—Watertown, MA-based Communispace, a provider of online communities for marketers to interact with consumers and gain feedback, was bought by Omnicom’s (NASDAQ: [[ticker:OMC]]) Diversified Agency Services unit for an undisclosed sum. The firm will keep all of its employees and its president and CEO Diane Hessan.

—Basho Technologies, a Cambridge-based developer of open source database software, has raised about half of a $7.5 million funding round, with money from Georgetown Partners and Danish systems integrator Trifork AS, according to a report in Mass High Tech.

—MindShift Technologies, a Waltham-headquartered IT and cloud services firm, made its second acquisition of the year when it bought Orbit Systems, a managed services provider. Financial terms of the weren’t disclosed.

—Acton, MA-based Ecochlor, a developer of systems for killing invasive species and pathogens in ballast water, grabbed $1.7 million in an equity offering.

—A stealthy biotech firm in Lebanon, NH, known as Arsanis revealed in a regulatory filing that it had raised $9.6 million in equity-based funding. The firm has Tillman Gerngross, the co-founder and CEO of the Lebanon-based antibody discovery firm Adimab, as an executive and director on its roster.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.