In an exclusive interview, Jim Heppelmann, president and CEO of PTC, confirmed to the Boston Business Journal that Cambridge-based Onshape is the “biggest acquisition ever in PTC’s history” and shared more details about the future of the company within PTC.
Boston Startup Community News & Content
The summer slump wore off in September with over 50 Boston startups raising north of a billion dollars in venture funding. Notable blockbuster rounds included Ginkgo Bioworks’ $290 million Series E round, DataRobot’s $206 million in Series E, and Swiss cybersecurity firm Acronis’ $147 million. DataRobot and Acronis’ latest round of financing made both companies
Flipside Crypto, an analytics startup that helps blockchain and cryptocurrency projects to analyze their “fundamental health,” has raised $7.1 million in a Series Seed Prime round to expand its solutions. Announcing the news on Tuesday, Flipside said the round was led by Galaxy Digital Ventures, with participation from Collaborative Fund, CMT Digital and Avon Ventures.
Last year, Fidelity hit pause on investments in the space after the two employees who had overseen the activity, Matt Walsh and Nic Carter, left Fidelity to start a crypto- and blockchain-focused VC firm, Cambridge-based Castle Island Ventures. Picking up where that duo left off is Sachin Patodia, formerly an equity analyst at Fidelity, who
Somerville-based Tulip, a developer of a no-code manufacturing app platform, has raised $39.5 million in a Series B round led by DMG MORI, Vertex Ventures, NEA and Pitango. The money won’t go toward growth in Greater Boston, though: It’ll be used to fuel Tulip’s expansion in EMEA (Europe, the Middle East and Africa) and Japan.
Humana has a new space dedicated to digital health in Boston, according to CNBC. Five things to know about the digital hub, called Studio H: 1. Humana announced its plans to build Studio H in August 2018. 2. Former financial tech executive Heather Cox is Studio H’s first chief digital health and analytics officer.
A quantum computing startup that spun out of a Harvard lab just came out of stealth mode with $2.7 million in seed funding from investors like Samsung
Earlier this year, a Boston-based startup spun out of a quantum computing lab at Harvard University with the goal of making this new technology more easily available to developers. This startup, called Aliro Technologies, was cofounded by Prineha Narang, a Harvard assistant professor who also started Harvard’s Quantum Information Sciences Lab. Narang had been doing
DataRobot wants to make machine learning so simple that a business analyst with basic training can run predictive models without breaking a sweat. The Boston-based startup just raised a $206 million Series E funding round led by Sapphire Ventures to expand the business, which sells software that helps companies across industries develop and deploy in-house
For Jonathan Bush, there is life after athenahealth. The outspoken former chief executive of the Watertown company has landed a new gig as executive chairman of the Boston startup Firefly Health, which aims to provide primary care for patients through an app as well as clinic and employer visits. Bush invested in the startup in
Despite Boston’s strong startup community, networking had for years proven to be a challenge.That is until Billerica native Stephanie Roulic delivered a solution. Roulic is the founder of Startup Boston, an organization that hosts an annual networking event called Startup Boston Week. Held over the course of five days, the event brings together everyone in