Boston Startup Community News & Content

Cybereason raises $200 million for its enterprise security platform

Cybereason, which uses machine learning to increase the number of endpoints a single analyst can manage across a network of distributed resources, has raised $200 million in new financing from SoftBank Group and its affiliates.  It’s a sign of the belief that SoftBank has in the technology, since the Japanese investment firm is basically doubling […]

Aug 06, TechCrunch

July Funding Roundup: 38 Startups Raise Over $874 Million

Summer is in full swing, and last month, the fundraising activity in Boston startup land emulated the energy. Along with startups, a number of venture capital funds raised significant dollars. Bain closed on $1.5 billion for its first-ever real estate fund, and Boston private equity firm Great Hill Partners raised $2.5 billion for its seventh growth buyout fund to seek opportunities

Aug 01, BostInno

Markforged Sues Desktop Metal Over “Dirty Tricks” in 3D Printing War

Markforged is reviving its courtroom battle with 3D printing rival Desktop Metal with a lawsuit that alleges “a campaign of dirty tricks” by the competitor that violates a 2018 deal the two agreed to when they last were bringing each other to court. Markforged, based in Watertown, MA, says in the lawsuit filed Tuesday in […]

Jul 31, Xconomy

Mark Levin Named Xconomy’s 2019 Lifetime Achievement Award Winner in Boston

We at Xconomy are excited to announce that we are honoring Mark Levin, co-founder and partner at Third Rock Ventures, with our 2019 Lifetime Achievement Award in Boston. The award recognizes Levin’s extensive contributions to the biotech industry and to the Boston life sciences ecosystem. Levin built Millennium Pharmaceuticals—inspiring a generation of future executives/entrepreneurs along […]

Jul 31, Xconomy

Massachusetts telecommuting tax credit would be first in the nation, governor says

Governor Charlie Baker has proposed what is likely the first of its kind in the nation: a tax credit for employers for letting workers telecommute. The proposal is aimed at reducing congestion on Massachusetts’ roadways and mass transit—particularly in the Boston area—and is part of an $18 billion transportation bond bill that Baker unveiled on

Jul 26, Curbed Boston

This Smart Biosensor for Athletes is Defeating Dehydration

Boston-based startup Nix Biosensors is here to hydrate. Dehydration is something of a national plague. In a National Health and Nutrition Examination Survey, it was estimated that almost one-third of U.S. adults are inadequately hydrated. Dehydration can lead to dizziness, low blood pressure, and muscle weakness. For athletes, who are sweating and losing water faster, these

Jul 24, BostInno

A pitch for ‘reality-based’ startups

Nicole Sahin has worked for companies that took money from venture capital firms. “My impression of venture-backed companies can sometimes be the philosophy of throwing cash and bodies at growth, when sometimes, time is the magic ingredient to the formula,” Sahin says. So when she started her own company, Boston-based Globalization Partners, in 2012, she

Jul 21, The Boston Globe

Philips acquires Boston patient management startup Medumo

As part of its effort to build up its U.S.-based healthcare business, European tech giant Philips has acquired Medumo, a Boston startup that has developed technology to help patients navigate through their healthcare journey. The company’s platform uses automated text messages and emails to help get patients to their appointments, guide patients in their pre and

Jul 21, MedCity News

New Guru.Club app aims to connect Instagram users to brands

A new app aims to eliminate the noise of fraudulent Instagram influencers and let ordinary people tout the brands they like. Guru.Club, a Seaport-based startup that has raised about $550,000 in recent funding, opened its platform to Instagram users on Monday. Sam Malone, CEO and co-founder, told the Herald he had the idea for a

Jul 15, Boston Herald

In search of a ‘second city’ for New England startups

When it comes to startup activity, Boston is booming: The research firm Startup Genome put the city in fifth place globally this year, behind Beijing and just ahead of Tel Aviv. Not bad. But Boston is also expensive, and the commutes can be intolerable. I’d love to see a “second city” emerge in New England

Jul 15, The Boston Globe