Boston Tech Deals: Erecruit, Procyon, Robin, Canary

We’ve got tech companies raising money, a small startup’s team joining a big tech name, and a new mini-VC fund in this week’s collection of Boston-area news briefs:

—Erecruit, a Boston-based developer of software for professional staffing companies, has raised $25 million in its first institutional investment round. North Bridge Growth Equity led the investment.

—There’s a new early stage venture firm in town: Procyon Ventures, which is investing from a first fund of $10 million. Details come from The Boston Globe’s Scott Kirsner, who interviewed Procyon founding partner Millie Liu. Liu, a recent graduate of MIT’s Sloan School of Management, is looking to make initial investments of between $50,000-$500,000 in data processing, IT infrastructure, and related fields.

—Robin, a connected-office software company, has raised $1.4 million in seed investment. Robin is a spinout of the digital development company One Mighty Roar, which has stopped doing client work, according to BostInno. The investment came from Atlas Venture, Deep Fork Capital, Boldstart Ventures, and Space Pirates.

—Canary, a Techstars Boston company that developed a smartphone calendar app, is being discontinued as the employees join online hosting company GoDaddy. In a blog post, the startup says its team is joining GoDaddy’s Get Found Online marketing service for small businesses.

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.