Qteros, the Marlborough, MA-based developer of cellulosic ethanol technology, has brought on industry veteran John McCarthy as CEO and bid adieu to former chief executive Bill Frey. The company announced McCarthy’s appointment this morning. McCarthy, who joined the startup last week, was the executive vice president at Cambridge, MA-based cellulosic ethanol developer Verenium (NASDAQ:[[ticker:VRNM]]). He … Continue reading “Qteros Switches CEOs to Accelerate Progress, New Chief Says”
Tag: Battery Ventures
$2M for Cedar Point Communications
Derry, NH-based Cedar Point Communications has raised $2 million out of a planned $3.4 million round of debt, the company revealed in regulatory documents filed November 24. The company, which makes voice-over-Internet-Protocol switching hardware used by cable and telephone operators, has raised $70 million in venture funding to date from Ascent Venture Partners, Battery Ventures, … Continue reading “$2M for Cedar Point Communications”
Viridity Points to Greener, and Cheaper, Data Centers
Any company that owns or manages a data center, even a small one, knows how power-hungry they can be. It’s not unusual for operators of large data centers—say, 50,000 square feet—to pay $10 million a year or more for electricity. Under those circumstances, companies have every incentive to look to virtualization and other technologies that … Continue reading “Viridity Points to Greener, and Cheaper, Data Centers”
Wireless Chip Designer MaxLinear Files for IPO
MaxLinear, a fabless RF chipmaker based in Carlsbad, CA, filed a registration statement today for an initial public stock offering, marking only the second IPO in the San Diego area since Bridgepoint Education made its debut on the New York Stock Exchange in April. About 45 IPOs have taken place nationwide so far this year. … Continue reading “Wireless Chip Designer MaxLinear Files for IPO”
Redwood Systems Secures $4,999,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=afb9ce37-a773-41f5-b0db-82ff615e473c&Preview=1 Date 9/30/2009 Company Name Redwood Systems Mailing Address 46665 Fremont Blvd. Fremont, CA 94538 Company Description Redwood System Inc. is a company focused on commercial building energy conservation. Website http://www.redwoodsys.com Transaction Type Venture Equity Transaction Amount $4,999,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor … Continue reading “Redwood Systems Secures $4,999,000 New Financing”
A123 Plans $200M+ IPO, Seaside Sees $30M, Verivue Grabs $20.1M, & More Boston-Area Deals News
New England’s tech and life sciences companies have cut far too many deals to mention over the last week and a half, so we’re kicking it top-ten style for this installment of roundup. #10 GreenBytes of Ashaway, RI, completed an $8 million Series A financing from Waltham, MA-based Battery Ventures. The startup also unveiled a … Continue reading “A123 Plans $200M+ IPO, Seaside Sees $30M, Verivue Grabs $20.1M, & More Boston-Area Deals News”
GreenBytes Closes Round, Rolls Out Storage Appliance
Battery Ventures of Waltham, MA, said today that it has completed an $8 million Series A funding round for GreenBytes, an Ashaway, RI, startup specializing in energy-efficient storage devices that reduce storage requirements through data deduplication. Xconomy reported the funding in May, based on a regulatory filing. In a second announcement today, GreenBytes unveiled a … Continue reading “GreenBytes Closes Round, Rolls Out Storage Appliance”
GreenBytes Secures $8,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0136a31c-90e9-40f0-9368-74d4e316b073&Preview=1 Date 9/14/2009 Company Name GreenBytes Mailing Address 15 Gray Lane Ashway, RI 02804 Company Description GreenBytes is the most efficient data storage system on the market today. An ultra high-efficiency NAS. Website http://www.green-bytes.com Transaction Type Venture Equity Transaction Amount $8,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “GreenBytes Secures $8,000,000 Series A Financing”
eduFire Lands $1,300,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6a1ad5bd-7cde-4a8c-8a4d-6988b3ab143b&Preview=1 Date 9/8/2009 Company Name eduFire Mailing Address 830 Menlo Avenue Menlo Park, CA 94025 Company Description We have a simple (but not easy) mission: Revolutionize education. Our goal is to create a platform to allow live learning to take place over the Internet anytime from anywhere. Website http://edufire.com Transaction Type Venture … Continue reading “eduFire Lands $1,300,000 Series A Funding”
Amalfi Semiconductor Garners $24,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=74d93ce5-9ac7-41c1-b9d3-ca73bab084f6&Preview=1 Date 8/10/2009 Company Name Amalfi Semiconductor Mailing Address 475 Alberto Way Los Gatos, CA 95032 Company Description Amalfi Semiconductor is a fabless developer of high-performance CMOS RF and mixed-signal semiconductors for the cellular industry. Website http://www.amalfisemi.com/ Transaction Type Venture Equity Transaction Amount $24,000,000 Transaction Round Series C Proceeds Purposes Proceeds purposes … Continue reading “Amalfi Semiconductor Garners $24,000,000 Series C Funding Round”
Boston Venture Firms Dominate New Mentoring Program for New York Startups
If you want to build a program to nurture early-stage startups in New York City through regular meetings with investors, legal and financial advisors, and experienced CEOs, where do you turn for mentors and sponsors? To Boston, naturally. Of the 11 founding members of the new First Growth Venture Network, five—Battery Ventures, Charles River Ventures, … Continue reading “Boston Venture Firms Dominate New Mentoring Program for New York Startups”
greenBytes Stores $7.5M in Financing
greenBytes, an Ashaway, RI-based provider of efficient data storage systems, has secured $7.5 million of an $8 million round of equity financing, according to an SEC filing. The SEC record does not list investors in the round, but it names Sunil Dhaliwal, general partner of Battery Ventures in Waltham, MA, among its directors. The filing … Continue reading “greenBytes Stores $7.5M in Financing”
GreenBytes Secures $7,500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f25f7ac4-1332-4656-92d0-fb821cc5d646&Preview=1 Date 5/19/2009 Company Name GreenBytes Mailing Address Hopkinton Industrial Park, 15 Gray Lane Ashway, RI 02804 Company Description GreenBytes is the most efficient data storage system on the market today. An ultra high-efficiency NAS. Website http://www.green-bytes.com/ Transaction Type Venture Equity Transaction Amount $7,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “GreenBytes Secures $7,500,000 New Funding Round”
Battery Ventures Backs ExactTarget, $22M for Tokai Pharmaceuticals, Ironwood Banks $40M in European Deal, & Much Much More Boston-Area Deals News
Sheesh there were a lot of deals last week! Let’s get to it. —Ironwood Pharmaceuticals of Cambridge, MA, earned $40 million in upfront payments as part of a deal giving Barcelona, Spain-based Laboratorios Almirall European development and commercial rights to linaclotide, Ironwood’s experimental drug for irritable bowel syndrome with constipation. The Spanish firm will potentially … Continue reading “Battery Ventures Backs ExactTarget, $22M for Tokai Pharmaceuticals, Ironwood Banks $40M in European Deal, & Much Much More Boston-Area Deals News”
Battery in $70M Round at ExactTarget
Battery Ventures, a venture firm with an office in Waltham, MA, has led a $70 million financing round for e-mail marketing software firm ExactTarget, according to a press release. ExactTarget, which is headquartered in Indianapolis, has also withdrawn plans for an initial public offering. As part of the sizable venture deal, Battery general partner Michael … Continue reading “Battery in $70M Round at ExactTarget”
FreeWheel Obtains $12,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9b733d00-6f40-4d9d-be5a-142a233aacec&Preview=1 Date 4/30/2009 Company Name FreeWheel Mailing Address 20 E. Third Avenue San Mateo, CA 94401 Company Description FreeWheel is FreeWheel because of this incredible team we have assembled. Our team knows more about how ad management systems generate revenue than anyone.We’re on a mission to make online video advertising generate money … Continue reading “FreeWheel Obtains $12,000,000 Series C Financing Round”
Pocket Communications Northeast Obtains $25,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=191952b3-2436-4683-9117-b4d894488e0f&Preview=1 Date 2/20/2009 Company Name Pocket Communications Northeast Mailing Address 1280 Blue Hills Ave Bloomfield, CT 06002 Company Description Pocket is Texas’ fastest-growing flat rate wireless company, and the third largest flat rate carrier in the nation. Since the company was formed in May 2006, it has grown to over a quarter … Continue reading “Pocket Communications Northeast Obtains $25,000,000 New Financing”
StreamBase Closes $6M Series D
StreamBase Systems, a Lexington, MA, startup whose “complex event processing” software helps business and government customers act on real-time streaming data, has closed a $6.24 million Series D funding round, according to a regulatory filing cited by Private Equity Hub. Existing investors Accel Partners, Bessemer Venture Partners, Highland Capital Partners, and In-Q-Tel were in on … Continue reading “StreamBase Closes $6M Series D”
StreamBase Systems, Inc. Garners $6,000,000 Series D Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=68ee7ee4-9698-472b-be68-702f06c4b115&Preview=1 Date 1/9/2009 Company Name StreamBase Systems, Inc. Mailing Address 181 Spring Street Lexington, MA 02421 Company Description StreamBase Systems, a leader in the fast-growing complex event processing (CEP) market, has pioneered a remarkable new approach to processing and analyzing real-time streaming data. Website http://www.streambase.com Transaction Type Venture Equity Transaction Amount $6,000,000 … Continue reading “StreamBase Systems, Inc. Garners $6,000,000 Series D Round”
A Totally Cool $45M for Konarka, a $24M Boost for Momenta, IPO Woes for TransMedics and BioTrove, & More Boston-Area Deals News
A couple more IPOs bit the dust this last week. But elsewhere in the Boston area, tech and life sciences firms were having reasonable luck raising money and cutting deals. —Konarka raised $45 million from Total and inked an R&D agreement with the Paris-based international oil and gas conglomerate. Based in Lowell, MA, Konarka is … Continue reading “A Totally Cool $45M for Konarka, a $24M Boost for Momenta, IPO Woes for TransMedics and BioTrove, & More Boston-Area Deals News”
$2.6M Helps Healionics Heal, Uptake Takes In $3M, BlueKai Gets $10.5M Boost, & More Seattle-Area Deals News
Maybe it’s because everyone is trying to get their deals announced before the holidays, but it was a busy week in the Northwest, with plenty of activity in mobile software, online media, and medical devices. —Bellevue, WA-based BlueKai, an Internet marketing firm, raised $10.5 million in Series B funding, led by Waltham, MA-based Battery Ventures. … Continue reading “$2.6M Helps Healionics Heal, Uptake Takes In $3M, BlueKai Gets $10.5M Boost, & More Seattle-Area Deals News”
BlueKai Makes Splash with $10.5M Round, Wants Advertisers to Understand Consumer Intentions
BlueKai, an online-marketing startup in Bellevue, WA, has nailed down one of the bigger tech venture deals of the past few months. The company is announcing today it has closed a $10.5 million Series B investment led by Battery Ventures, based in Waltham, MA, and Menlo Park, CA. The round also includes returning investor Redpoint … Continue reading “BlueKai Makes Splash with $10.5M Round, Wants Advertisers to Understand Consumer Intentions”
Blue Kai, Inc. Secures $10,500,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8781001c-838d-4984-ba53-1fb6d8ebc3a5&Preview=1 Date 12/16/2008 Company Name Blue Kai, Inc. Mailing Address 170 120th Ave Bellevue, WA 98005 Company Description Blue Kai is developing an online marketplace based on relevant marketing. Website http://www.bluekai.com Transaction Type Venture Equity Transaction Amount $10,500,000 Transaction Round Series B Proceeds Purposes The new funds will be used for “more … Continue reading “Blue Kai, Inc. Secures $10,500,000 Series B Funding Round”
EMC Secures Microsoft Alliance, Polaris Backs Infinite Power Solutions, ExtendMedia Extends its Balance Sheet by $10M, & More Boston-Area Deals News
Nope, it’s not Monday again already. We just moved the Boston deals roundup from Monday to Friday to make room for the brand-new San Diego deals roundup. So Boston readers are getting a bonus roundup this week. It’s a good thing, too–there’s much to discuss: —Oak Investment Partners of Westport, CT and Palo Alto, CA … Continue reading “EMC Secures Microsoft Alliance, Polaris Backs Infinite Power Solutions, ExtendMedia Extends its Balance Sheet by $10M, & More Boston-Area Deals News”
Awarepoint Nabs $13.3M, Kratos Fuses With Digital Fusion, Pocket Communications Financing Signals Challenge for Leap Wireless, & More San Diego Deals News
As people gathered from near and far to celebrate Thanksgiving, a couple of startups with San Diego connections had more than one reason to give thanks, with deals closing on a variety of fronts, including one close to home—at home, really—for Xconomy. —Cardinal Partners of Princeton, NJ, (not to be confused with Cardinal Equity Partners … Continue reading “Awarepoint Nabs $13.3M, Kratos Fuses With Digital Fusion, Pocket Communications Financing Signals Challenge for Leap Wireless, & More San Diego Deals News”
Pocket Communications Pockets $100M From Battery Ventures And Others, Nuance Makes New Bid for Zi, Xconomy Closes Second Round, & More Boston-Area Deals News
Dealmaking ebbed last week as the gravy flowed, but Boston-area tech and life sciences companies still managed to serve up a few morsels of news. —Waltham, MA- and Menlo Park, CA-based Battery Ventures led a $100 million venture round for San Antonio, TX-based Pocket Communications Northeast. Pocket is putting together a new cellular network that … Continue reading “Pocket Communications Pockets $100M From Battery Ventures And Others, Nuance Makes New Bid for Zi, Xconomy Closes Second Round, & More Boston-Area Deals News”
Viridity Inc Secures $7,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=511261f6-2cf2-495d-bbff-ee6cfc25c933&Preview=1 Date 12/1/2008 Company Name Viridity Inc Mailing Address 14 Estes Street Amesbury, ME 01913 Company Description Viridity is delivering a new way to dynamically manage and control these next generation data centers, and to do so holistically across all pillars of the operation: power, space, cooling, application performance, reliability and risk. … Continue reading “Viridity Inc Secures $7,000,000 Series A Round”
Pocket Communications May Pose Challenge to Leap Wireless’ Low-Cost Service
A startup flat-rate wireless provider out of Texas may have San Diego’s Leap Wireless (NASDAQ:[[ticker:LEAP]]) in its sites. Pocket Communications, a no-frills wireless service provider in San Antonio, announced today it has raised $100 million in venture funding to establish a broad footprint for its unlimited wireless service in the Northeast. Xconomy’s Wade Roush provides … Continue reading “Pocket Communications May Pose Challenge to Leap Wireless’ Low-Cost Service”
Battery, Charles River Fund Flat-Rate Wireless Network for Northeast
Battery Ventures of Menlo Park, CA, and Waltham, MA, said today that it is the lead investor in a $100 million venture round for Pocket Communications Northeast, a new cellular network that will offer flat-rate, unlimited-use calling plans to wireless subscribers in parts of Connecticut, Massachusetts, and New York. Charles River Ventures, which also has … Continue reading “Battery, Charles River Fund Flat-Rate Wireless Network for Northeast”
SunEthanol Picks Up $25M, New Name; Infinity Pharma Pairs with Purdue Pharma; In-Q-Tel Taps Two Local Firms, & More Boston-Area Deals News
Half a dozen Boston-area tech and life sciences startups have something to be thankful for heading into this week’s holiday, all of them having managed to close venture deals in a very tricky environment. A few public companies cut some interesting deals as well. —ReGen Power Systems, a Salem, MA-based firm developing a power-producing external … Continue reading “SunEthanol Picks Up $25M, New Name; Infinity Pharma Pairs with Purdue Pharma; In-Q-Tel Taps Two Local Firms, & More Boston-Area Deals News”
Qteros Garners $25,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2546a5af-f7f1-4243-b939-1bb13f51e46f&Preview=1 Date 11/19/2008 Company Name Qteros Mailing Address 100 Venture Way Hadley, MA 01035 Company Description Qteros began in 1996 with a walk near the Quabbin Reservoir in Western Massachusetts. University of Massachusetts microbiologist Dr. Susan Leschine and her lab assistant, Tom Warnick, were looking for a microbe that breaks down plant … Continue reading “Qteros Garners $25,000,000 Series B Funding Round”
SunEthanol Converts Name to Qteros, Raises $25M to Convert Non-Food Plant Materials and Waste into Ethanol
It doesn’t get much more homegrown than this one: SunEthanol—a Hadley, MA-based developer of a process to produce ethanol using a microbe discovered here in the Bay State—has changed its name to Qteros and raised $25 million in a Series B round of financing. (Mass High Tech broke the story this morning.) Qteros is one … Continue reading “SunEthanol Converts Name to Qteros, Raises $25M to Convert Non-Food Plant Materials and Waste into Ethanol”
Brightcove Bonds With AOL, Faces Competition With Akamai; Fidelity Backs EnVivo; Dyax to Sell Up To $50M in Stock; & More Boston-Area Deals News
If you’re like me, you’re to the point where you can’t focus for more than two sentences without pausing to check FiveThirtyEight.com and Intrade, so I kept the roundup of Boston-area deals short this week. —Battery Ventures of Waltham, MA, led a $17 million Series B round for Sunnyvale, CA-based ZeroG Wireless, a developer of … Continue reading “Brightcove Bonds With AOL, Faces Competition With Akamai; Fidelity Backs EnVivo; Dyax to Sell Up To $50M in Stock; & More Boston-Area Deals News”
Battery Leads $17M ZeroG Round
Waltham, MA-based Battery Ventures is the lead funder in a $17 million Series B round for ZeroG Wireless, a Sunnyvale, CA-based developing low-power Wi-Fi chips, the company announced today. Existing investors Morgenthaler Ventures, which has offices in Boston, and Greylock Partners, which has offices in Waltham, also joined the round. Though ZeroG has not announced … Continue reading “Battery Leads $17M ZeroG Round”
ZeroG Wireless Obtains $17,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3c4288fb-48ee-43f3-a224-f08ea9a0b200&Preview=1 Date 10/27/2008 Company Name ZeroG Wireless Mailing Address 255 San Geronimo Way Sunnyvale, CA 94085 Company Description ZeroG Wireless was founded based on the belief that a new paradigm of wireless connectivity is upon us. We envision a 4th Age of Wireless™ — the Internet of Things. Trends such as pervasive … Continue reading “ZeroG Wireless Obtains $17,000,000 Series B Financing Round”
Redwood Systems Lands $4,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=48adad4c-2850-45c7-97df-6b4616303bb1&Preview=1 Date 10/2/2008 Company Name Redwood Systems Mailing Address 46665 Fremont Blvd. Fremont, CA 94538 Company Description Redwood System Inc. is a company focused on commercial building energy conservation. Website http://www.redwoodsys.com Transaction Type Venture Equity Transaction Amount $4,000,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “Redwood Systems Lands $4,000,000 Series A Financing Round”
Boston VCs: Counting the Billions of Dollars Raised
This is a revised version of an essay that Microsoft’s Don Dodge published today in his personal blog and contributed simultaneously to Xconomy. Commonwealth Capital Ventures held their annual open house this week at their Winter Street offices on “VC Hill” in Waltham. VC Hill is to Boston/Waltham what Sand Hill Road is to Silicon … Continue reading “Boston VCs: Counting the Billions of Dollars Raised”
Battery Ventures Promotes Battery of Investors
It’s a good day to be an investor at Battery Ventures. The Waltham, MA-based VC and private equity firm announced today four promotions on its investment team. The four are part of Battery’s global team of more than 40 investors in Waltham, Silicon Valley, and Israel. —Jesse Feldman, based in Waltham, has been promoted to … Continue reading “Battery Ventures Promotes Battery of Investors”
Battery Powers Social Advertising Network
According to regulatory filings cited today by PE Week Wire, Waltham, MA-based Battery Ventures is the lead investor in a $1 million Series A funding round for Adisn, a Long Beach, CA-based Web advertising network. The company says it mines blogs and other social media sites for information about relationships between topics and applies that … Continue reading “Battery Powers Social Advertising Network”
Adisn Inc. Receives $1,000,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e68820cf-5af9-4fa1-902e-d2c63875935f&Preview=1 Date 8/21/2008 Company Name Adisn Inc. Mailing Address 3777 Long Beach Blvd Long Beach, CA 90807 Company Description Adisn is a next generation Ad Network that uses relationship data from the social web to enhance targeting. Adisn has proven that the aggregate of web conversations, web profiles, online blogs, and behavior … Continue reading “Adisn Inc. Receives $1,000,000 Series A Financing Round”
.406 Ventures Backs Open-Source Video Firm, Thermo Fisher Boosts RNAi Efforts, Cubist Bonds with AstraZeneca, & More Deals News
My favorite deal from last week was the last one, but it’s a little hard to capture the idea of core-sampling frozen sperm in a headline. (Or at least a headline suitable for a family publication such as our own.) —Castile Ventures of Waltham, MA, led a $13 million Series B investment in Sunnyvale, CA’s … Continue reading “.406 Ventures Backs Open-Source Video Firm, Thermo Fisher Boosts RNAi Efforts, Cubist Bonds with AstraZeneca, & More Deals News”
Boston VCs Beam $13 Million into California Firm Out to Bridge Cellular and WiFi Networks
Two Boston area venture capital firms, Castile Ventures and Battery Ventures, both of Waltham, MA, have invested big in Agito Networks, a mobile technology company based in Sunnyvale, CA, the companies announced today. Castile led the $13 Million series B round, which also includes Japan’s ITX International. Battery led Agito’s $9 million Series A round … Continue reading “Boston VCs Beam $13 Million into California Firm Out to Bridge Cellular and WiFi Networks”
Aurora Networks Obtains New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3279f8c8-4f7e-4201-81de-e8417ccff1d7&Preview=1 Date 6/30/2008 Company Name Aurora Networks Mailing Address 5400 Betsy Ross Dr Santa Clara, CA 95054 Company Description Aurora Networks’ high-bandwidth transmission systems are designed for advanced HFC, fiber deep and FTTH networks. Aurora’s products enable service providers to increase capacity for the coming generation of bandwidth-hungry entertainment, information and communications … Continue reading “Aurora Networks Obtains New Round”
Agito Networks Secures $13,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0bb48c30-03a3-4fb8-b27e-e88aee37dfb6&Preview=1 Date 6/30/2008 Company Name Agito Networks Mailing Address 3255 Scott Blvd. Building 3 Santa Clara, CA 95054 Company Description Agito Networks, a stealth mode company, provides a solution that dramatically changes how enterprises mobilize their applications. Recognized for its innovative technology, the Agito solution provides enterprises a better alternative to carrier … Continue reading “Agito Networks Secures $13,000,000 Series B Financing”
IRobot Hired to Make Shape-Shifting Robots, Alnylam Forges Asian Connection, Navic Scooped Up By Microsoft, More Orders for Evergreen Solar, & More Deals News
Last week was a good one for New England tech and life sciences startups trying to raise cash. But first, the shape-shifting robots. —IRobot (NASDAQ: [[ticker:IRBT]]) of Burlington, MA, won a $3.3 million contract from the Defense Advanced Research Projects Agency and the U.S. Army Research Office to develop “soft, flexible” robots that can shimmy … Continue reading “IRobot Hired to Make Shape-Shifting Robots, Alnylam Forges Asian Connection, Navic Scooped Up By Microsoft, More Orders for Evergreen Solar, & More Deals News”
Battery Ventures Invests in “Endpoint Virtualization” Company Neocleus
Battery Ventures of Waltham, MA, together with Gemini Israel Funds, has invested $11.4 million in Neocleus, a software company based in New Jersey. Neocleus makes software for PC networks that sets up virtual machines on individual Windows desktops and laptops, so that corporate applications can run in an environment that’s more secure than Windows itself.
Mascoma Teams with GM, Moldflow Melds with Autodesk, Concert Scores Some Heavy-Duty Cash, & More Deals News
Last week saw several very large financing deals. Perhaps those depressing Q1 numbers gave investors a little kick in the rear? —Concert Pharmaceuticals of Lexington, MA, raised a hefty $37 million to support its work on drugs incorporating deuterium, a heavier form of hydrogen. The Series C round was led by a “leading public equity … Continue reading “Mascoma Teams with GM, Moldflow Melds with Autodesk, Concert Scores Some Heavy-Duty Cash, & More Deals News”
Cortera Collects $8 Million
Cortera, a Quincy, MA-based company that helps other companies research prospective customers and score their creditworthiness, said yesterday that it has raised $8 million in new funding from CIBC Capital Partners, with additional participation by Battery Ventures and majority stockholder Fidelity Ventures. The latter firm acquired the company (formerly known as eCredit) in 2006.
Cortera Lands $8,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9ca8876b-2113-4eb8-a45d-de33da437066&Preview=1 Date 4/29/2008 Company Name Cortera Mailing Address One Pine Hill Drive Quincy, MA 02169 Company Description Cortera’s mission is to give you better, more actionable insights into the companies you deal with, without the hassle or high prices. It’s what we call Fresh Perspective. Website http://www.cortera.com Transaction Type Venture Equity Transaction … Continue reading “Cortera Lands $8,000,000 New Financing Round”
Lattice Engines Nets $1.7M in Series A Round
Boston-based Lattice Engines, a maker of business decision analytics software, has completed a $1.7 million Series A funding found led by Battery Ventures, PE Hub reports, citing a regulatory filing.