• Fri, Apr 17th 2015 11:00 AM

    Interactions lands $10M to make customer service tech smarter

    Interactions lands $10M to make customer service tech smarter

    Interactions, a Franklin-based virtual assistant technology company that works to improve conversations between humans and automated customer service software, has landed $9.5 million in new funding. The money comes on the heels of an acquisition the company made late last year, of the AT&T Watson speech recognition research program. The Watson technology takes inputs in the form of audio files, speech, gestures, face recognition and text, analyzes it, and returns a result, all in real time. Watson…

  • Fri, Apr 17th 2015 10:50 AM

    Rethink Robotics closes Series D funding with $40M for new robot

    Rethink Robotics closes Series D funding with $40M for new robot

    Rethink Robotics, a Boston-based maker of robots for the manufacturing industry, announced Thursday it has officially closed its Series D funding round at $40 million. The Boston Business Journal had previously reported that it had closed $26.6 million, with the goal of raising a total of $40 million. Investors include GE Ventures and Goldman Sachs, as well as Bezos Expeditions, CRV, Highland Capital Partners, Sigma Partners, Draper Fisher Jurvetson and Two Sigma Ventures. The money will be used…

  • Fri, Apr 17th 2015 8:10 AM

    Atlas maps out new biotech-focused future with $280M fund and new home

    Atlas maps out new biotech-focused future with $280M fund and new home

    Atlas Venture is taking the next step in its evolution today, as the area's most-active VC firm sets its sights exclusively on early-stage biotech companies with a new fund and a new home in Cambridge's ground zero for drug development. In a blog post this morning Atlas Partner Bruce Booth said the company - the most active in the first quarter of 2015 according to a recent report - has closed on its 10th fund in its 35-year existence. It's the first fund since it announced plans to split…

  • Thu, Apr 16th 2015 2:20 PM

    Boston menswear startup Blank Label expands to Washington DC retail site and beyond

    Boston menswear startup Blank Label expands to Washington DC retail site and beyond

    Blank Label, a Boston-based company that got its start offering custom-tailored menswear online, is opening its second brick-and-mortar store in Washington D.C. in August, with the help of $1.1 million in investor funding. The company closed funding last year from investors including Drew Volpe, partner at Cambridge-based tech venture fund Procyon Ventures, and Jeremy Hitchcock, co-founder of New Hampshire-based Internet performance company Dyn, along with other investors based in New York, China…

  • Thu, Apr 16th 2015 12:20 PM

    The startup that lets you add scents to texts now offers scents with e-books

    The startup that lets you add scents to texts now offers scents with e-books

    Vapor Communications, the Cambridge-based tech startup that debuted a technology last year allowing users to add scents to text messages, has come up with a way to add smells to e-books. The startup on Thursday debuted "oMedia," described as a way to integrate scent messages into a range of consumer products including e-books, songs and clothing that uses oNotes technology. "Olfactory sensations trigger emotions and memories like no other sensation we have," said Harvard University professor…

  • Wed, Apr 15th 2015 3:50 PM

    Runkeeper to Fidelity: Six local companies debuting Apple Watch apps (BBJ slide show)

    Runkeeper to Fidelity: Six local companies debuting Apple Watch apps (BBJ slide show)

    Soon, you'll be able to look at your wrist and see real-time stock quotes, updates on train delays and statistics on daily nutrient and calorie intake. That will be possible through the efforts of six Massachusetts-based companies that will debut apps for the public release of the much-anticipated Apple Watch. The Apple Watch is expected to be released on April 24. Pre-orders sold out on Apple's website within minutes last week. Click the slide show to the right to see which Massachusetts companies…

  • Wed, Apr 15th 2015 1:30 PM

    VC firm .406 Ventures looks to raise third $200M fund

    VC firm .406 Ventures looks to raise third $200M fund

    Early-stage technology-focused venture capital firm .406 Ventures is looking to raise another $200 million fund, according to a Tuesday regulatory filing. The Boston-based VC firm filed paperwork with the Securities and Exchange Commission outlining its plans to raise its next fund. Requests for comment were not immediately returned. This would be the firm's third fund. Its second fund, raised in 2012, which was about $175 million. The firm initially invests between $1 million and $4 million in…

  • Tue, Apr 14th 2015 8:20 PM

    Online pharmacy startup PillPack expands service to California

    Online pharmacy startup PillPack expands service to California

    PillPack, a Techstars Boston graduate that aims to simplify how consumers get their prescription medications delivered, is now available in California. The latest news means that the Somerville-based startup's prescription drug delivery service is available in 47 states -- up from 40 states last fall. The news was first reported Tuesday by TechCrunch. The startup aims to simplify prescription delivery to users by filling multiple prescriptions into multi-dose packs and distributing them via mail.…

  • Tue, Apr 14th 2015 4:40 PM

    Need to track your butler? There's an Apple Watch app for that

    Need to track your butler? There's an Apple Watch app for that

    Hello Alfred, the Harvard-born maker of a mobile app that lets users hire a personal butler to do everyday chores, has raised another $10 million in funding and is working on an app for the Apple Watch. Total funding to date for the company is now more than $12 million, and lead investors in this most recent round include Maryland-based NEA and the Boston office of Spark Capital. Hello Alfred has an Apple Watch app in the works that co-founder and CEO Marcela Sapone said would allow users to keep…

  • Tue, Apr 14th 2015 2:20 PM

    Ovuline reaches 2M users with 'world's largest data set' on pregnant women

    Ovuline reaches 2M users with 'world's largest data set' on pregnant women

    Ovuline, the Boston-based maker of fertility and pregnancy apps, has reached 2 million users, up from 35,000 in 2013. Ovuline CEO Paris Wallace said it has created the world's largest data set on women who are trying to get pregnant. The company, which officially launched its fertility-tracking app in 2012, has collected 400 million data points on its users. These users volunteer information such as previous health history, genetic information and everyday pregnancy symptoms, and the app analyzes…

  • Tue, Apr 14th 2015 7:30 AM

    VC deals top $1.3B in Massachusetts during Q1 2015 (BBJ slide show)

    VC deals top $1.3B in Massachusetts during Q1 2015 (BBJ slide show)

    Massachusetts saw about $1.3 billion worth of venture capital funding invested in about 100 companies during the first quarter of 2015, according to analyst data. The most active investors in Boston companies were Cambridge-based Atlas Venture, followed by Cambridge-based Highland Capital Partners and Boston-based .406 Ventures, according to Seattle-based venture capital research firm PitchBook Data Inc. The state's VC deal activity is up from $948 million in the first quarter of 2014, but down…

  • Mon, Apr 13th 2015 2:40 PM

    Here's the story behind the tech and VC community's fastest-growing fundraising event

    Here's the story behind the tech and VC community's fastest-growing fundraising event

    An annual event being held Thursday is expected to attract 2,000 entrepreneurs, venture capitalists and philanthropists in Greater Boston to raise a projected $500,000 for nonprofits. In 2010, that same event -- the annual TUGG Tech Charity Wine Party-- garnered only a few hundred attendees who helped raise $70,000 for area nonprofits in 2010. The event's growth since then is a testament to Boston's surge in startup and venture capital activity, its philanthropic leanings, and its shifting startup-founder…

  • Mon, Apr 13th 2015 1:00 AM

    HubSpot breeds yet another startup, Bedrock Data

    HubSpot breeds yet another startup, Bedrock Data

    A team of former HubSpot employees left the Cambridge-based sales and marketing software firm in 2013 to start their own venture: Boston-based Bedrock Data, which lets companies synchronize their cloud-based data without any coding. Within a year of commercializing the company's product, it garnered 250 businesses as customers, $3.11 million in newly-announced investment funding, and is on track to generate $1 million in revenue this year, according to co-founder and CEO John Marcus. The company's…

  • Sun, Apr 12th 2015 8:50 PM

    Wayfair co-founders each took a $400K salary cut last year

    Wayfair co-founders each took a $400K salary cut last year

    Wayfair, the Boston-based online home furnishings retailer, may have generated more than $1 billion in sales last year, but its CEO took home only $80,000 in base salary. Both Niraj Shah, the CEO and co-founder of Wayfair (NYSE:W), and Steven Conine, the co-founder and chief technology officer for the company, took home $80,000 each in salary -- a $400,000 pay cut for each from the year before. While a spokesman for Wayfair declined to comment, a regulatory filing on Friday made clear that the…

  • Sun, Apr 12th 2015 8:00 PM

    Wayfair co-founders took a $400K salary cut last year

    Wayfair co-founders took a $400K salary cut last year

    Wayfair, the Boston-based online home furnishings retailer, may have generated more than $1 billion in sales last year, but its CEO took home only $80,000 in base salary. Both Niraj Shah, the CEO and co-founder of Wayfair (NYSE:W), and Steven Conine, the co-founder and chief technology officer for the company, took home $80,000 each in salary -- a $400,000 pay cut for each from the year before. While a spokesman for Wayfair declined to comment, a regulatory filing on Friday made clear that the…

  • Sun, Apr 12th 2015 7:40 PM

    TV advertising startup Clypd's valuation is $68 million after latest fundraise

    TV advertising startup Clypd's valuation is $68 million after latest fundraise

    Clypd, a Somerville-based TV advertising technology startup, now has a valuation of $68 million after its most recent influx of cash, according to Seattle-based venture capital research firm PitchBook Data Inc. The three-year-old company announced this week it raised $19.4 million in funding from investors including European media giant RTL Group, Cambridge-based FKA Atlas, the tech-investment division of Atlas Venture. The startup's current valuation is up from $25.7 million after its previous…

  • Fri, Apr 10th 2015 6:30 PM

    Wayfair co-founders gave themselves a $400K pay cut last year

    Wayfair co-founders gave themselves a $400K pay cut last year

    Wayfair, the Boston-based online home furnishings retailer, may have generated more than $1 billion in sales last year, but its CEO took home only $80,000 in base salary. Both Niraj Shah, the CEO and co-founder of Wayfair (NYSE:W), and Steven Conine, the co-founder and chief technology officer for the company, took home $80,000 each in salary -- a $400,000 pay cut for each from the year before. While a spokesman for Wayfair declined to comment, a regulatory filing on Friday made clear that the…

  • Fri, Apr 10th 2015 3:40 PM

    Stealthy networking startup Rift.io snags $8M

    Stealthy networking startup Rift.io snags $8M

    Not much is known about Rift.io, a stealthy Burlington-based networking startup run by a former Cisco executive, but the company recently added $7.9 million in equity funding out of a $10 million goal, according to a regulatory filing. A total of eight investors participated in the funding round and the date of first sale is listed on March 26. Rift.io is run by former Cisco executive Greg Alden, who was previously at Westford-based Movik Networks and Nexius Wireless. Matt Harper, the chief development…

  • Fri, Apr 10th 2015 11:40 AM

    Solar-sharing network Yeloha raises $3.5M, opens Boston HQ

    Solar-sharing network Yeloha raises $3.5M, opens Boston HQ

    Boston-based Yeloha Inc. said Friday that it raised $3.5 million in Series A funding to launch its "solar sharing network," an online platform designed to bring the economic and environmental benefits of solar energy to everyone. The funding was led by Israeli venture firm Carmel Ventures, a member of the Viola Group, through an investment in Yeloha's parent company, Generaytor. Generaytor previously raised a $1 million seed round from angel investors led by Israeli angel investor Guy Gamzu. Here's…

  • Thu, Apr 9th 2015 5:10 PM

    Clypd could open Amsterdam office following $19M investment for TV advertising tech

    Clypd could open Amsterdam office following $19M investment for TV advertising tech

    Clypd, a Somerville-based TV advertising technology startup, has raised $19.4 million in new investor funding with the goal of using that money in part to expand internationally. The three-year-old company now has $31 million in total funding, with investors including European media giant RTL Group, Cambridge-based FKA Atlas, the tech-investment division of Atlas Venture, Data Point Capital, Duke University and TiVo Inc. Part of the funding could be used to open an international office, possibly…