Boston Tech Roundup: Harvest Power, North Bridge, Visible Measures

We’ve got some companies in software and clean energy raising money, and a big VC firm shedding more partners in this quick catch-up on innovation news around the Boston area:

—Harvest Power, a Waltham, MA-based company that converts yard waste and food scraps into energy and soil products, has raised another $20 million. The money was supplied by True North Venture Partners, Industry Ventures, and Generation Investment Management. Harvest has raised north of $200 million in investment cash since its founding in 2008.

—Two notable investors are departing North Bridge Venture Partners—longtime partner Michael Skok and former Facebook infrastructure vice president Jonathan Heiliger. The news comes via Fortune, which noticed the two partners’ names were missing from new SEC documents that North Bridge filed Wednesday ahead of a possible $200 million new fund, the firm’s eighth.

—Visible Measures, a Boston-based advertising tech company, has raised about $7 million in new growth capital. Visible Measures recently laid off a significant chunk of its workforce—BetaBoston pegged the number at about 30, or around a fourth of the employee pool. Visible Measures has now raised about $70 million in investment over the years. CEO Brian Shin tells The Wall Street Journal that revenue for the company is in the “tens of millions” of dollars.

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.