• Thu, Jul 28th 2016 7:30 AM

    Cambridge's Accomplice bets on cybersecurity startup to protect sensitive documents

    Cambridge's Accomplice bets on cybersecurity startup to protect sensitive documents

    A cybersecurity startup with the mission of thwarting cyber attacks on sensitive documents in the health care, banking and insurance industries has landed $2 million. The lead investor in the seed round for Cyberhaven Inc. is Cambridge venture firm Accomplice, which has also invested in other local security companies ranging from Waltham-based Carbon Black to Burlington-based Veracode. Cyberhaven, which currently has one undisclosed paying customer, offers what it calls the "simplest and most effective…

  • Tue, Jul 26th 2016 1:20 PM

    10 Boston-area startup VC deals of July

    10 Boston-area startup VC deals of July

    Boston-area venture capital funding seemed to be showing signs of a slowdown over the past few months, but in July, 10 local companies raised $237.72 million. Those ranged from Codeship, a startup that enables software development teams to test and deploy changes in their applications, to agricultural technology startup Indigo, to online freelancer marketplace Catalant, formerly known as HourlyNerd. Click the photo gallery above to see 10 Boston-area startup funding deals of July.

  • Tue, Jul 26th 2016 10:40 AM

    Mark Cuban-backed startup HourlyNerd rebrands itself

    Mark Cuban-backed startup HourlyNerd rebrands itself

    HourlyNerd, the Boston-based online freelancer marketplace startup that recently landed $22 million in venture funding from investors including Dallas Mavericks owner Mark Cuban, announced that it has rebranded to "Catalant." The name is a combination of the words "catalyst," "brilliant," and "talent," according to a release. "The freelance economy's rapid growth is forcing a new conversation between global enterprises and top talent," said Rob Biederman, co-founder and co-CEO at Catalant,…

  • Mon, Jul 25th 2016 3:40 PM

    On-demand veterinarian startup brings telemedicine to pets

    On-demand veterinarian startup brings telemedicine to pets

    Tan Kabra came up with the idea to launch his startup about a year ago, when he brought his newly-acquired kitten to an emergency room several miles outside of Boston only to discover that there was nothing wrong with the furry little creature. Several hours and about $300 later, he figured there must be a better way to search for on-demand pet advice from qualified animal care doctors. Kabra and co-founder John Dillon officially launched Boston-based VetX, their 24/7, on-demand telemedicine-for-pets…

  • Mon, Jul 25th 2016 1:20 PM

    GE's energy startup has a new marketing chief

    GE's energy startup has a new marketing chief

    General Electric Co.'s Boston-based energy spinout has hired its first chief marketing officer. The startup, whose official name is Current, powered by GE, announced this week that Bruce Stewart will be its CMO and his responsibilities will include increasing the demand for Current's products while also helping to generate revenue. Stewart was previously CMO and senior vice president at Constellation Energy, a Baltimore-based company that was acquired by Exelon Corp. in 2012 for $7.9 billion. At…

  • Wed, Jul 13th 2016 2:00 PM

    Report shows Boston's 'brain drain' is worse than you think

    Report shows Boston's 'brain drain' is worse than you think

    For years, tech leaders have been saying the Bay State is suffering from a so-called "brain drain" that has qualified tech talent leaving the state for greener pastures, especially upon college graduation. A new report published by Los Angeles-based commercial real estate firm CBRE Group (NYSE: CBG) gives a little more insight to support that claim, at least in Boston. The " Scoring Tech Talent" report shows that Boston has the largest brain drain out of 40 cities in the country, with more than…

  • Wed, Jul 13th 2016 12:50 PM

    Lyft is losing as much as $50 million a month

    Lyft is losing as much as $50 million a month

    San Francisco-based ride hailing company Lyft is losing as much as $50 million monthly, its president confirmed this week, as it tries to carve out market share out of much bigger rival Uber. Lyft President and co-founder John Zimmer made the remarks at Fortune's Brainstorm Conference after being asked if rumors the Lyft had promised investors it would only lose that much a month were true. Zimmer said they were, but hedged the remark by saying the company looks at it differently, Fortune reports. ...

  • Wed, Jul 13th 2016 9:00 AM

    True Fit lands $25M to help online clothes shoppers find the perfect fit

    True Fit lands $25M to help online clothes shoppers find the perfect fit

    True Fit, a startup that uses technology to help online clothes shoppers find the perfect fit, announced Wednesday it has raised $25 million in new investor funding to grow the company and help meet demand. Total funding to date for the Woburn-based company, which pivoted in 2010, is now $40 million. Investors in the latest round include Jump Capital, Signal Peak Ventures and Intel Capital. "It's an exhilarating time at the intersection of fashion and data science. We're so pleased the True…

  • Tue, Jul 12th 2016 12:30 PM

    DraftKings to host 'Fantasy Sports Fest' at Gillette Stadium this summer

    DraftKings to host 'Fantasy Sports Fest' at Gillette Stadium this summer

    In its push to be known as a sports entertainment company, Boston's online daily fantasy sports startup DraftKings will host a " Fantasy Sports Fest" at Gillette Stadium in August. The event will be open to players of DraftKings' fantasy games, and tickets range from $99 to $199. Details on the upcoming event are scarce, but professional sports players that have committed to appearances include New England Patriots tight end Rob Gronkowski. The event will also allow DraftKings users to get do…

  • Mon, Jul 11th 2016 3:30 PM

    Mark Cuban says this isn't his yacht docked in Boston

    Mark Cuban says this isn't his yacht docked in Boston

    The internet was alight with specious reports over the weekend that Mark Cuban's 288-foot yacht had been docked in Boston's North End. That Cuban might have sailed to the shores of Boston was actually believable, since the entrepreneur, investor and Dallas Mavericks owner has backed several Boston-area startups. Just last week, online freelancer marketplace HourlyNerd announced that Cuban, already an existing investor in the Boston startup, was involved in a $22 million funding round. Alas, the…

  • Fri, Jul 8th 2016 11:20 AM

    Seven upcoming Boston startup and tech events you won't want to miss

    Seven upcoming Boston startup and tech events you won't want to miss

    Tens of thousands of attendees are expected to convene in Boston this summer and fall for a series of events surrounding the city's technology and innovation sector. Here are seven events you won't want to miss. For more tech events, (of which there are many), visit EventBrite or The Boston Calendar. Outside the Box Interactive: Leaders at Boston tech companies ranging from HubSpot to DraftKings will be panelists and speakers at several sessions between July 13 and July 15 at the Paramount Theatre.…

  • Thu, Jul 7th 2016 3:30 PM

    Seven bike startups born in Mass. that will fulfill your cycling needs

    Seven bike startups born in Mass. that will fulfill your cycling needs

    Greater Boston's bicycle scene is hot and getting hotter, thanks to a slew of startups that have cropped up in recent months. Some of them are making customized wheels that amp up the power of traditional road bikes, others are working on sleek helmets with turn signals, and one startup is trying to ensure that your bike never gets stolen. Click the photo gallery above to see seven Boston-area startups that are currently disrupting the bicycle, or plan to do so soon.

  • Thu, Jul 7th 2016 7:30 AM

    Boston's MassChallenge shows well in ranking of U.S. startup accelerators

    Boston's MassChallenge shows well in ranking of U.S. startup accelerators

    California's Y Combinator is generally acknowledged to be the accelerator program with the most successful startup alumni -- including multibillion dollar businesses such as Airbnb, Stripe and Dropbox. But a study published by investment research firm CB Insights on Tuesday said the Mountain View accelerator trails another Bay Area program, when measured by the median amount of money raised by founders who go through its program. No. 1 is Alchemist Accelerator, according to the ranking done by…

  • Wed, Jul 6th 2016 5:10 PM

    Surprise accelerator tops study of where best-funded startups come from

    Surprise accelerator tops study of where best-funded startups come from

    Y Combinator is generally acknowledged to be the accelerator program with the most successful startup alumni -- including multi-billion dollar businesses like Airbnb, Stripe and Dropbox. But a study published by investment research firm CB Insights on Tuesday said the Mountain View accelerator trails another Bay Area program, when measured by the median amount of money raised by founders who go through its program. No. 1 is Alchemist Accelerator, according to the ranking done by Samir Kaji, a…

  • Tue, Jul 5th 2016 3:30 PM

    GM's Zipcar competitor is now available in Boston

    GM's Zipcar competitor is now available in Boston

    General Motors Co.'s car-sharing startup Maven is now available in Boston. The company announced on Tuesday that it will initially offer 40 vehicles in seven different parking lots in Boston's Seaport District and in downtown Boston. Prices start at $8 per hour. Maven, which allows users to find and rent cars through a mobile app by the hour or by the day, is already available in New York City, Ann Arbor, Michigan, and Chicago, Illinois. Maven will allow any driver over the age of 18 to rent cars…

  • Tue, Jul 5th 2016 2:50 PM

    GE, Saudi Aramco help fund Lexington 3D printing startup

    GE, Saudi Aramco help fund Lexington 3D printing startup

    Desktop Metal, a Lexington startup that aims to create an affordable and efficient metal 3D printer, has disclosed that it has landed $52 million in total funding from investors including GE Ventures and Saudi Aramco Energy Ventures. The money will be used to fund product development, hiring, and business operations, according to a release. Desktop Metal declined to disclose how many employees it currently has, but the company has more than 20 employees and nine open positions listed on its website. ...

  • Tue, Jul 5th 2016 10:10 AM

    Mark Cuban adds to another funding round for Boston's HourlyNerd

    Mark Cuban adds to another funding round for Boston's HourlyNerd

    Online freelancer marketplace HourlyNerd announced Tuesday it has raised another $22 million in new funding from investors including Dallas Mavericks owner Mark Cuban. Total funding to date for the Boston-based startup, whose freelancers are being used by 5,000 companies around the world, is now $33 million since it was founded in 2013. The latest round of funding will be used to bolster the company's software and sales and marketing strategies. General Catalyst Partners led the latest funding…

  • Fri, Jul 1st 2016 10:50 AM

    Boston VC firm with focus on AI-related startups targets $150M raise

    Boston VC firm with focus on AI-related startups targets $150M raise

    A regulatory filing has confirmed that one of Boston's newest venture capital firms is seeking to raise $150 million to invest in startups that use artificial intelligence. Glasswing Ventures, founded by two former partners of Cambridge venture firm Fairhaven Capital, filed paperwork with the Securities and Exchange Commission about the target fundraise goal on June 29. The target amount is higher than many of the new venture capital funds focused on early-stage startups that have cropped up in…

  • Wed, Jun 29th 2016 11:30 AM

    Lyft passengers can request rides in 'Ghostbusters' car this weekend

    Lyft passengers can request rides in 'Ghostbusters' car this weekend

    Who you gonna call? Lyft, apparently. The ride-hailing service and Uber competitor is spending a significant amount of money on advertisements and marketing efforts to bolster its presence in Boston. As part of that effort, it struck a partnership with Sony Corp. (NYSE: SNE) and the soon-to-be-released "Ghostbusters" film to launch "Ghost Mode" this weekend. When users of the Lyft mobile app select "Ghost Mode" they can request a free ride in an Ecto-1 car featured in the new "Ghostbusters" film. ...

  • Tue, Jun 28th 2016 2:30 PM

    10 Boston-area startup VC deals of June

    10 Boston-area startup VC deals of June

    Our monthly roundup of local venture capital deals includes $60 million in new financing for blockchain-enabled startup Circle, as well as a $65 million financing for real estate software firm Buildium. Click the photo gallery above to see 10 Boston-area venture capital deals for tech-related startups this month.