• Wed, Nov 9th 2016 6:50 AM

    Inside the Cambridge tech company that wants to transform music

    Inside the Cambridge tech company that wants to transform music

    Plenty of tech employees work in nice office spaces, but few probably appreciate it as much as iZotope CEO Mark Ethier. That's because Ethier bootstrapped his audio technology company between 2001, when he was still a student at MIT, and 2013 when he accepted outside investment for the first time. During those years, iZotope hopped from dorm room to basement workspace to a series of temporary offices that housed his growing team. "We've always been sort of like a hermit crab," Ethier said. "Whatever…

  • Tue, Nov 8th 2016 7:30 PM

    Burlington wine startup closes $22.5 million round of funding

    Burlington wine startup closes $22.5 million round of funding

    Keeping an open bottle of wine fresh from day to day is a big pain, and therefore a solution is big business - which got a lot bigger today. Coravin, the Burlington-based maker of devices that allow drinkers to pour glasses of wine without removing a bottle's cork, announced a $22.5 million investment Tuesday. The company would say only that the new funding was "led by a large European investor" who was not Quadrille Capital, a Paris-based private equity and venture capital firm that participated…

  • Tue, Nov 8th 2016 11:40 AM

    From Alec Baldwin to Anna Kendrick: A guide to HubSpot's giant conference this week

    From Alec Baldwin to Anna Kendrick: A guide to HubSpot's giant conference this week

    Inbound 2016, HubSpot's sprawling sales and marketing conference, begins Tuesday evening at the Boston Convention and Exhibition Center in the Seaport District. The event carries through until Friday, featuring more than 200 speakers in training sessions, spotlight interviews and star-studded keynote addresses. Here's a quick guide for how those in the startup world can best take advantage of the conference: The keynotes: You don't have to work at a startup to appreciate the big names here, but…

  • Mon, Nov 7th 2016 3:20 PM

    Boston startup evangelist David Chang has a new job

    Boston startup evangelist David Chang has a new job

    David Chang, who previously led the PayPal Boston office and has been an entrepreneur-in-residence at Harvard Business School, has a new job. Chang said Monday that he'll be the new executive chairman of Feelter, a retail technology startup based in Israel that announced it raised $2 million in Series A funding. The investment was led by Will Graylin, global co-general manager of Samsung Pay and founder of Burlington LoopPay. Feelter will use the new funding to create a U.S. base of operations…

  • Mon, Nov 7th 2016 2:10 PM

    For Boston startup, the 2016 election is a way to break into a huge market

    For Boston startup, the 2016 election is a way to break into a huge market

    The outcome of the 2016 election will probably affect every business in the country in some way, but for Boston startup Clear Ballot the vote itself represents a launchpad for big growth in 2017 and beyond. Clear Ballot is trying to break into the voting machine market in the U.S., which is currently dominated by a handful of providers with notoriously outdated systems. In 2016, Clear Ballot will be the primary voting system in 57 percent of precincts in Oregon, said Chief Operating Officer Jordan…

  • Fri, Nov 4th 2016 1:00 PM

    Waltham cybersecurity company acquired as part of $2.8B deal

    Waltham cybersecurity company acquired as part of $2.8B deal

    Cryptzone, a Waltham-based cybersecurity firm, was acquired as part of a multi-party $2.8 billion deal that aims to create a new company focused on providing businesses with secure access to cloud data storage. The new entity, which doesn't yet have a name, is a joint venture between private equity firms BC Partners and Medina Capital that combines four Medina portfolio companies, including Cryptzone, with 57 data storage centers purchased from telecommunications firm CenturyLink. CenturyLink will…

  • Thu, Nov 3rd 2016 6:30 AM

    Chobani founder to MassChallenge: ​‘Keep it freaking simple’

    Chobani founder to MassChallenge: ​‘Keep it freaking simple’

    Hamdi Ulukaya, who bought a failing yogurt plant for $700,000 in 2005 and turned it into the multi-billion dollar company Chobani, had some words of advice for the graduating class of the MassChallenge Boston 2016: "Keep it freaking simple." "Everybody else is trying to make it complicated," Ulukaya told founders of the 128 startups in this year's accelerator program. "This thing is not too complicated." Check out the winners of MassChallenge's $100,000 prizes from Wednesday night Ulukaya…

  • Wed, Nov 2nd 2016 10:40 PM

    MassChallenge 2016 winners span the globe — some in more ways than one

    MassChallenge 2016 winners span the globe — some in more ways than one

    Boston-based startup accelerator MassChallenge awarded $100,000 prizes to three of the "highest-impact" companies from its 2016 class at a ceremony on Wednesday night. Those companies, which lead a pack of 128 startups that entered the accelerator in June, are: Adhesys Medical, a Texas healthcare and life sciences company that develops next-generation surgical glues based on polyurethane. EYL, a Korean company that secures the Internet of Things with an affordable micro quantum random number generator…

  • Wed, Nov 2nd 2016 8:00 AM

    Harvard-born startup adds $3.1M to help mentor high school students

    Harvard-born startup adds $3.1M to help mentor high school students

    CollegeVine, an education technology startup specializing in high school mentoring for college applications, has closed a $3.1 million Series A funding round led by Morningside Technology Ventures with participation by New York-based University Ventures. Morningside is a private equity and venture capital firm. Gerald Chan, its co-founder, has joined CollegeVine's board of directors. University Ventures is a specialty venture capital fund that exclusively focuses on ideas in the higher education…

  • Tue, Nov 1st 2016 4:10 PM

    Boston startup Burst gives 'poll watchers' a whole new meaning

    Boston startup Burst gives 'poll watchers' a whole new meaning

    Boston-based startup Burst is capitalizing on the tumultuous 2016 election as a way to showcase for its ability to connect news outlets with user-generated video. The mobile video company is partnering with Sinclair Broadcasting Group, one of the largest owners and operators of TV stations in the country, to encourage voters to film their polling places on Election Day. Sinclair's stations will ask viewers to send in the videos using Burst, and will share the videos on air and online under the "Join…

  • Tue, Nov 1st 2016 10:50 AM

    Waltham cybersecurity firm lands more funding to expand to Asia

    Waltham cybersecurity firm lands more funding to expand to Asia

    Waltham cybersecurity firm CounterTack, which is backed by Goldman Sachs and other investors, announced Tuesday a $10 million round of funding to expand its operations in the Asia-Pacific region. The company, which developed software that can covertly monitor endpoints throughout a customer's organization, also said it would use the money to continue growth in serving parts of the U.S. federal government. "CounterTack will unveil multiple new strategic initiatives and alliances over the next six…

  • Sun, Oct 30th 2016 9:10 PM

    Will DraftKings and FanDuel finally merge?

    Will DraftKings and FanDuel finally merge?

    Speculation that two of the leading fantasy sports websites could soon merge reached its peak on Friday, when a report emerged from ESPN saying that Boston-based DraftKings and New York's FanDuel could combine forces. ESPN reported the two rivals, which have faced significant regulatory hurdles, could announced a merger in the early part of this week, according to the sports network, which cited multiple sources with knowledge of the discussions. DraftKings was quick to say the possibility of the…

  • Wed, Oct 26th 2016 7:50 PM

    MIT launches ambitious venture to support and fund 'tough' startups

    MIT launches ambitious venture to support and fund 'tough' startups

    MIT President Rafael Raif wrote an opinion piece in the Washington Post last year titled "A better way to deliver innovation to the world." The op-ed called for a new way to support innovation by forming a coalition of funders from the public, for-profit and not-for-profit sectors "that could work together to establish 'innovation orchards.'" On Wednesday, MIT announced that it will launch an ambitious startup accelerator, called The Engine, with the purpose of fostering startups "working on scientific…

  • Wed, Oct 26th 2016 4:10 PM

    FanDuel, DraftKings agree to pay $6M each in N.Y. settlement

    FanDuel, DraftKings agree to pay $6M each in N.Y. settlement

    Daily fantasy sports sites FanDuel and DraftKings will each pay $6 million in a settlement with New York Attorney General Eric Schneiderman. New York-based FanDuel and Boston-based DraftKings were the subject of an investigation into alleged false advertising violations in the state. As part of the settlement, the companies have agreed to change their marketing and terms and conditions regarding promotions, expected winnings and success rates. "Today's settlements make it clear that no company…

  • Wed, Oct 26th 2016 8:40 AM

    Purple Carrot testing its vegan meal kits at Whole Foods

    Purple Carrot testing its vegan meal kits at Whole Foods

    Purple Carrot, a vegan meal-kit delivery service to help make seasonal recipes easier to prepare, will now be available at more than just your doorstep. Starting today, the recipe-prep service will sell its first grab-and-go kits at Dedham's Whole Foods Market. Individual kits serve two people for $19.99, and include raw, pre-measured ingredients to make either Mongolian Seitan Stir Fry, Pan Seared Tofu and Black Rice Noodles, or Cashew Korma with Cauliflower Rice. Each package also comes with…

  • Tue, Oct 25th 2016 8:50 PM

    EMC veteran's storage startup opens office in Waltham

    EMC veteran's storage startup opens office in Waltham

    One of Massachusetts' billion-dollar startups, Infinidat, celebrated on Tuesday the move from Needham to a 23,000-square-foot office in Waltham, which CEO Moshe Yanai hopes will be the launching pad for a new era of enterprise data storage. Infinidat's Massachusetts headcount has grown from 35 employees in March to 60 today. The company expects that number to at least double by the end of 2017. Infinidat has about 400 employees worldwide and its corporate headquarters are in Israel, but the…

  • Tue, Oct 25th 2016 1:00 PM

    Boston startup says Rhode Island firm stole quilt-making trade secrets

    Boston startup says Rhode Island firm stole quilt-making trade secrets

    The founder of Boston-based Project Repat, which makes quilts for customers out of their old T-shirts, is accusing a Rhode Island company of stealing their trade secrets and creating a rival business. In a federal lawsuit filed in Boston on Monday, Project Repat said a production company it hired to help with online advertising, called IndieWhip, launched a competing firm called American Quilt a year after its contract was terminated. The lawsuit names the company along with IndieWhip founders Chandler…

  • Thu, Oct 20th 2016 4:10 PM

    EverQuote raises $23M as part of its pre-IPO strategy

    EverQuote raises $23M as part of its pre-IPO strategy

    We have identified another Boston-area tech company that has hinted at ambitions to go public. Cambridge-based EverQuote on Thursday announced it has raised a $23 million Series B round to expand its online insurance marketplace and to give its founders and early employees some liquidity as part of a pre-IPO strategy. Founded in 2010, EverQuote provides a data-driven auto insurance marketplace -- or as the company calls it, a "personal risk marketplace" -- and it has reached over $100 million…

  • Tue, Oct 18th 2016 6:10 PM

    Here's how many people are employed in the robotics industry in Massachusetts

    Here's how many people are employed in the robotics industry in Massachusetts

    The 122 robotics companies in Massachusetts employed over 4,700 workers and generated over $1.6 billion in revenue in 2015 alone, according to a new report from the Massachusetts Technology Collaborative. The report from the tech-focused economic development agency also identified 33 new robotics startups that were created in Massachusetts over the past five years, an increase of 31 percent. The new research report, commissioned by MassTech and authored by ABI Research, provides Massachusetts economic…

  • Tue, Oct 18th 2016 3:20 PM

    WeWork targets Cambridge for new co-working space

    WeWork targets Cambridge for new co-working space

    WeWork is targeting a third location in the Boston area -- this time in Cambridge. The venture-backed co-working space operator said that it will open a location at 625 Mass. Ave. right in the middle of Cambridge's Central Square -- in between Harvard University and MIT. The space -- complete with about 550 desks -- will open early next year, according to a WeWork spokesperson. The news was first reported by the Boston Globe. WeWork already operates two co-working spaces in Boston, one in Fort…