Boston Startup Community News & Content

Startup Buoy Health Raises Funds at Near $200 Million Valuation

(Bloomberg) — Buoy Health, a startup that makes a widely used Covid-19 symptom checker, has raised $37 million from investors including the venture arms of major insurers Cigna Holding Co., Humana Inc. and UnitedHealth Group. The Series C investment round values Buoy at just under $200 million, according to a person familiar with the matter

Nov 10, Bloomberg

Quantopian shuts down as its co-founders head elsewhere

Quantopian, once one of the most heralded financial services technology startups in Boston, will soon cease operations, with its co-founders and some employees joining Silicon Valley-based financial app maker Robinhood Markets Inc. Quantopian announced late last month that effective Nov. 14, it would shut down its community platform on which amateur investors could create investment

Nov 10, Boston Business Journal

Web inventor Tim Berners-Lee’s Solid data-privacy project enters the real world

Major British institutions such as the BBC and the National Health Service (NHS) are among the early adopters of Solid, a decentralized-data project that is being spearheaded by web inventor Tim Berners-Lee and that announced its first version for companies and organizations on Monday. Solid is intended to “evolve the web in order to restore

Nov 09, Fortune

3 tips for SaaS founders hoping to join the $1 million ARR club

Building a SaaS company from the ground up is never easy. In fact, it’s generally a grueling, all-consuming process that strains every fiber in your being. But it is much, much more difficult if you approach it without a tried and true process. After starting and scaling five successful companies, I can tell you that there

Nov 05, David Cancel, via TechCrunch

Sports-focused Will Ventures weighs in with $55M first-time VC fund

Venture capitalists in the pandemic economy could be forgiven for asking, “What slowdown?” In the face of dislocation caused by the coronavirus, VC firms still are amassing formidable war chests across the US industry as limited partners show their continuing faith in the venture market. After peaking in 2018, total VC fundraising this year already

Sep 30, PitchBook

Cybersecurity vendor to hire staff, Boston senior exec after raising $30M

A European cybersecurity vendor that opened a Boston office in 2018 is planning to expand in the U.S. after raising its largest round of funding yet. LogPoint Inc., which has a total of 190 employees, closed $30 million in funding last Friday. New investor Digital+ Partners led the Series B round, announced on Wednesday. To

Sep 30, Boston Business Journal

iRobot cofounder Helen Greiner named CEO of robotic gardening startup, Tertill

Boston-based robotic gardening startup Tertill this morning announced that it has appointed Helen Greiner as CEO and Chairman. The executive is best known for cofounding iRobot in 1990 along with fellow MIT Artificial Intelligence Lab members Rodney Brooks and Colin Angle (the company’s longtime CEO).

Sep 29, TechCrunch

TiE Boston’s ScaleUp Cohort 6 Companies finish strong with Investor Showcase during COVID-19

Typically running from January to May, ScaleUp Cohort 6 saw an unprecedented year of growth and strength in the wake of COVID-19. Taking a short break from February to April and a summer hiatus, the program concluded in September with a vibrant Investor Showcase to close the program. Chair of the ScaleUp Taskforce, Neeraj Chandra,

Sep 21, PR Web

Helping robots avoid collisions

George Konidaris still remembers his disheartening introduction to robotics. “When you’re a young student and you want to program a robot, the first thing that hits you is this immense disappointment at how much you can’t do with that robot,” he says. Most new roboticists want to program their robots to solve interesting, complex tasks

Sep 17, MIT News

So long, ping-pong: tech companies are re-evaluating real estate needs post-pandemic

Office amenities like in-house fitness spaces and foosball were once a big draw to attract and retain talent. But with so few people commuting to downtown offices, tech companies are wondering whether they need such amenities —or such offices at all.

Sep 17, Boston Business Journal