• Mon, Feb 8th 2016 7:10 PM

    Converse exec launches messaging startup born out of personal crisis

    Converse exec launches messaging startup born out of personal crisis

    When Doug Olsen isn't operating as chief information officer for athletic-shoe maker Converse, the technology guru is focused on another venture: a communication technology called Kmunic8. The software, and a company of the same name, was born out of Olsen's own personal experience caring for his mother, who was diagnosed with leukemia last year. At the time, Olsen found himself spending two hours daily communicating her status with loved ones, a process that became overwhelming. "I remember…

  • Wed, Feb 3rd 2016 10:20 AM

    Exclusive: Exec that worked on McDonald's branding will lead Boston's Breakaway

    Exclusive: Exec that worked on McDonald's branding will lead Boston's Breakaway

    Tom Jump, an advertising executive who previously led worldwide branding for McDonald's restaurants, has been tapped as president of Boston-based branding agency and venture capital firm Breakaway. Jump previously led the worldwide McDonald's (NYSE: MCD) account for Chicago-based advertising agency Leo Burnett, which included leading the strategic direction of the fast-food giant's marketing and communications initiatives. He'll now be focused on helping lead the 30-person team at Breakaway, succeeding…

  • Wed, Feb 3rd 2016 8:20 AM

    Exclusive: Exec that worked on McDonald's branding will lead Boston VC firm

    Exclusive: Exec that worked on McDonald's branding will lead Boston VC firm

    Tom Jump, an advertising executive who previously led worldwide branding for McDonald's restaurants, has been tapped as president of Boston-based branding agency and venture capital firm Breakaway. Jump previously led the worldwide McDonald's (NYSE: MCD) account for Chicago-based advertising agency Leo Burnett, which included leading the strategic direction of the fast-food giant's marketing and communications initiatives. He'll now be focused on helping lead the 30-person team at Breakaway, succeeding…

  • Tue, Feb 2nd 2016 10:00 AM

    BBJ Live: GE's energy startup moves into WeWork (Video)

    BBJ Live: GE's energy startup moves into WeWork (Video)

    GE's energy startup, Current, has a new Boston address. Current has moved into the first floor of co-working space WeWork's location near South Station, at 745 Atlantic Ave. WeWork sent an email to members yesterday alerting them of Current's move into the space, which was previously a common-area space open to all members. WeWork members still have a common-area space on the eighth floor of the Atlantic Avenue building. NECN spoke with BBJ's Sara Castellanos about the move and what it means for…

  • Mon, Feb 1st 2016 11:20 AM

    GE's energy startup now has a new Boston headquarters address

    GE's energy startup now has a new Boston headquarters address

    General Electric Co.'s clean energy startup, Current, has moved into the first floor of co-working space WeWork's location near South Station, at 745 Atlantic Ave. WeWork sent an email to members early this morning alerting them of Current's move into the space, which was previously a common-area space open to all members. WeWork members still have a common-area space on the eighth floor of the Atlantic Avenue building. When GE was looking for a headquarters for its new energy startup, it was in…

  • Fri, Jan 29th 2016 3:30 PM

    Exclusive: Paul English's new startup hires former Microsoft Bing exec

    Exclusive: Paul English's new startup hires former Microsoft Bing exec

    Krista Pappas, a former executive at Microsoft's Bing Travel, has been hired on the executive team of Kayak co-founder Paul English's new startup, Lola Travel. Pappas will be the vice president of Lola's membership program, and one of her biggest priorities will be to put Lola in direct competition with American Express (NYSE: AXP) travel programs. "I've known Paul for a long time and admired the work he's done ... he's always been involved in cutting-edge and disruptive technologies," said Pappas,…

  • Fri, Jan 29th 2016 8:10 AM

    Mass. sports toy maker to embark on major expansion

    Mass. sports toy maker to embark on major expansion

    An Acton-based sports toy startup will embark on an $8 million expansion project in Marlborough, thanks to a statewide tax credit program for small businesses. OYO Sportstoys Inc., a startup that can churn out a Lego-like figurine of a professional sports player that is in high demand by fans in as little as 15 minutes, will use the tax credit incentive to relocate to Marlborough. The company plans to move out of its 30,000-square-foot headquarters in Acton and relocate to a 65,000-square-foot…

  • Thu, Jan 28th 2016 5:10 PM

    Aereo founder discusses his new venture Starry (Video)

    Aereo founder discusses his new venture Starry (Video)

    New York City and Boston-based Starry Inc. officially launched yesterday, and the company's CEO and founder is busy making a media tour. Chaitanya"Chet" Kanojia -- better known as the founder of Aereo -- sat down with "Bloomberg Markets" to discuss his new venture and how it plans to shakeup the broadband industry. Backed by FirstMark Capital, Tiger Global, IAC, KKR, HLVP and Quantum Strategic Partners, Starry's pitch is aimed directly at anyone who has spent hours on the phone with broadband…

  • Thu, Jan 28th 2016 4:40 PM

    Mass. manufacturing startup to embark on major expansion

    Mass. manufacturing startup to embark on major expansion

    An Acton-based sports toy startup will embark on an $8 million expansion project in Marlborough, thanks to a statewide tax credit program for small businesses. OYO Sportstoys Inc., a startup that can churn out a Lego-like figurine of a professional sports player that is in high demand by fans in as little as 15 minutes, will use the tax credit incentive to relocate to Marlborough. The company plans to move out of its 30,000-square-foot headquarters in Acton and relocate to a 65,000-square-foot…

  • Wed, Jan 27th 2016 9:00 AM

    Exclusive: Uber Boston taps Harvard grad as new general manager

    Exclusive: Uber Boston taps Harvard grad as new general manager

    The Boston office of San Francisco-based on-demand ride-sharing giant Uber has tapped Harvard Business School graduate Chris Taylor as the new general manager. Taylor was previously the general manager for Uber's Chicago outpost, and graduated with a master's in business administration from Harvard Business School in 2012. He'll be reporting to the previous Uber Boston general manager, Meghan Joyce, who oversees East Coast operations. Uber has been successful in Boston, with about 10,000 drivers…

  • Tue, Jan 26th 2016 11:30 AM

    Croatian government grant allows Boston startup to do predictive analytics

    Croatian government grant allows Boston startup to do predictive analytics

    A grant from the government of Croatia will allow Boston-based software startup Repsly to ramp up research and development on predictive analytics features for its product. The grant, secured late last year and totaling $125,000, will fund research and development over an 18-month period, said Repsly co-founder and CEO Marko Kovac. Repsly, whose 500 paying customers include L'Oréal, Nike Golf, KIA Motors and Philips, offers software for Web and mobile app that allows sales representatives ...

  • Tue, Jan 26th 2016 10:50 AM

    Former Where Inc. CEO now at the helm of gas price comparison app

    Former Where Inc. CEO now at the helm of gas price comparison app

    Walt Doyle, the former venture capitalist and the founder of Where Inc., is now the CEO of a gas price comparison app called GasBuddy that recently moved its headquarters from Maryland to Boston. Doyle is a former Highland Capital Partners venture capitalist and the founder of location-based media company Where Inc., acquired by PayPal Media Network in 2011 for a reported $135 million. "There are very few technology companies in the world that have both a large and highly engaged consumer media…

  • Mon, Jan 25th 2016 4:30 PM

    Top 10 Boston VC deals to know about this month, totaling to more than $150M

    Top 10 Boston VC deals to know about this month, totaling to more than $150M

    Several Massachusetts-based companies landed new investor funding in January. Nine tech firms raised more than $158 million, and one Boston-based venture capital firm is looking to raise a new $75 million fund. Out of nine companies we highlighted, the biggest fundraise of the month was by Zerto, a Boston-based data recovery firm, which raised $50 million in new funding led by California-based Institutional Venture Partners, the venture capital firm that also invested in companies such as Netflix,…

  • Wed, Jan 20th 2016 1:00 PM

    Fidelity reportedly investing $150M in health insurance startup

    Fidelity reportedly investing $150M in health insurance startup

    Fidelity could be a major investor in a New York-based health-tech startup. The Boston asset management giant is reportedly investing in Oscar Health, a health insurance startup with more than 125,000 members, which could value the company at upwards of $3 billion, according to a report by Fortune. Fidelity could be the lead investor, with $150 million of capital committed, according to the report, which cited multiple sources. Oscar offers health insurance plans for individuals, couples and families…

  • Tue, Jan 19th 2016 9:00 PM

    Former Zipcar CEO taps new leadership for his 'Fitbit for drivers' startup

    Former Zipcar CEO taps new leadership for his 'Fitbit for drivers' startup

    Censio, a Boston startup co-founded by former Zipcar CEO Scott Griffith that offers a "Fitbit for cars" technology, has appointed entrepreneur Vance Loiselle as chief executive. Loiselle was the co-founder of Lexington-based BladeLogic, which was sold in 2008 for $880 million to BMC Software. "It's an exciting time to be joining Censio given its incredible team, the Progressive win, blue chip customers and solid backing from great investors," said Loiselle in a statement. "Throughout my…

  • Tue, Jan 19th 2016 3:40 PM

    Another setback for DraftKings — this time in Texas

    Another setback for DraftKings — this time in Texas

    Texas Attorney General Ken Paxton said Tuesday that paid daily fantasy sports operators are illegal in the state of Texas. In a statement posted online, he said such online operators' legal claims that they can "operate as an unregulated house" do not "square with existing Texas law," adding that they are also wrong to claim "an actual-contestant exception," according to Reuters. This is the latest setback for daily fantasy sports giants DraftKings, headquartered in Boston, and FanDuel, headquartered…

  • Tue, Jan 19th 2016 11:50 AM

    Nightclub mobile app expanding to Los Angeles and other cities later this year

    Nightclub mobile app expanding to Los Angeles and other cities later this year

    Tablelist, the Boston-based maker of a nightclub mobile app by the same name, plans to expand its service to four other cities this year, including Los Angeles. The company's mobile app, which allows users to book VIP tables at nightclubs, plans to expand to Los Angeles, San Diego, Houston and Chicago this year. Since launching in 2014, Tablelist is already available in nine cities including Boston, New York City, Miami and Las Vegas. Tablelist is backed by about $4.7 million in funding from investors…

  • Mon, Jan 18th 2016 5:30 PM

    The lowdown on how GE's move will impact Boston startups

    The lowdown on how GE's move will impact Boston startups

    General Electric Co.'s announcement last week that it would move its corporate headquarters to Boston has implications for the local startup scene. After all, it was Boston's vibrant startup culture and innovative spirit that was among the dozens of reasons that GE decided Boston was a good fit. "We want to be at the center of an ecosystem that shares our aspirations," said GE's Chairman and CEO Jeff Immelt in a statement last week. Here are five ways that the announcement of GE's move to Boston…

  • Mon, Jan 18th 2016 5:30 PM

    DraftKings could soon face legal battles in yet another state

    DraftKings could soon face legal battles in yet another state

    DraftKings, the embattled online daily fantasy sports business headquartered in Boston, could soon be facing legal battles in Maryland. Maryland state officials, including Assistant Attorney General Katherine Rowe and Chief Counsel Adam Snyder, sent a letter to the Maryland Senate President saying Maryland lawmakers should "weigh in" on daily fantasy sports during its upcoming legislative session, according to the Washington Post. "We recommend that the legislature squarely take up the issue…

  • Mon, Jan 18th 2016 5:30 PM

    Four Mass. cleantech incubators land new state grants

    Four Mass. cleantech incubators land new state grants

    Four startup incubators in Greater Boston have received state grants totaling to $530,000 to accelerate the development of cleantech startups. The incubators that received funding were: Greentown Labs in Somerville, which received $300,000; Chestnut Innovation Center in Amesbury, which received $40,000; North Shore InnoVentures in Beverly, which received $165,000; and TechSandbox in Hopkinton, which received $25,000. The grant was awarded by the Massachusetts Clean Energy Center's IncubateMass…