Jumptap Grabs $20M, EMC Buys NetWitness, Txteagle Ties Down $8.5M, & More Boston-Area Deals News

an unspecified strategic investment from CCI.

—Waltham, MA-based health IT firm Forerun raised $2 million in a Series C deal led by the Massachusetts Technology Development Corporation. And a new startup focused on online skills tests, Smarterer, raised $1.25 million from True Ventures, and angel investors Dharmesh Shah, Joe Caruso, and Shikhar Ghosh.

—Hopkinton, MA data storage giant EMC (NYSE: [[ticker:EMC]]) said it acquired NetWitness, a network security firm based in Virginia.

—Israel-based business news website Globes reported that Boston Scientific, the Natick, MA medical devices maker, paid $5.13 million in cash last November when it bought S.I. Therapies, a make of a catheter device for treating artery blockages. Boston Scientific (NASDAQ: [[ticker:BSX]]) could pay a total of $24.3 million if S.I. hits certain milestones.

—Txteagle, a Boston- and San Francisco-based developer of a platform for mobile messaging in developing markets, snapped up $8.5 million in Series A financing led by Spark Capital in Boston. Txteagle’s existing seed investors—Flywheel Ventures, RBC Venture Partners, Qualcomm Ventures, and New York angel investor Esther Dyson—also participated in the new deal.

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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.