Boston Tech Roundup: docTrackr, WiTricity, Dogpatch Labs

Here’s a splash of news about acquisitions, executive hires, and incubator shutdowns from around the Boston innovation scene to wind up your week:

DocTrackr, a developer of document-management software, has been acquired for $10 million cash. The buyer is New York-based Intralinks, a publicly traded enterprise software company. Intralinks CEO Ron Hovsepian tells GigaOm that Box, an enterprise file-sharing company that has filed for an IPO, also was interested in acquiring Boston-based docTrackr. The startup was part of Techstars Boston in 2012, and had raised a $2 million seed round led by Polaris Venture Partners and Atlas Venture.

WiTricity has a new CEO. The Watertown, MA-based wireless power company is now headed by Alex Gruzen, a former big-company executive who had most recently been co-founder of Austin, TX-based early stage investment firm Corsa Ventures. Gruzen replaces Eric Giler, who had been CEO for more than five years and remains on the company’s board. WiTricity, an MIT spinout, is commercializing technology that transmits electric energy through the air using magnetic fields. The company raised a $25 million Series E investment in October.

Dogpatch Labs has finally closed in Cambridge. The co-working space, which offered free (and later subsidized) rent for startup companies, was a service of Polaris Venture Partners. The Dogpatch network once included branches in Dublin, New York, and Palo Alto, CA, but the latter two locations closed down last year. At that time, management of the Cambridge version was handed over to the Cambridge Innovation Center—which also meant an end to the free rent, as Polaris told us last year. Today, The Boston Globe reports that Dogpatch Cambridge quietly shut down at the end of last year. Dogpatch Dublin remains.

Author: Curt Woodward

Curt covered technology and innovation in the Boston area for Xconomy. He previously worked in Xconomy’s Seattle bureau and continued some coverage of Seattle-area tech companies, including Amazon and Microsoft. Curt joined Xconomy in February 2011 after nearly nine years with The Associated Press, the world's largest news organization. He worked in three states and covered a wide variety of beats for the AP, including business, law, politics, government, and general mayhem. A native Washingtonian, Curt earned a bachelor's degree in journalism from Western Washington University in Bellingham, WA. As a past president of the state's Capitol Correspondents Association, he led efforts to expand statehouse press credentialing to online news outlets for the first time.