• Fri, May 22nd 2015 10:50 AM

    Growing fertility app-maker Ovuline raises new investment

    Growing fertility app-maker Ovuline raises new investment

    Ovuline, the Boston-based maker of fertility and pregnancy apps, has raised $3.2 million in new equity investor funding, according to Friday regulatory filings. The company's total funding to date is now more than $5 million, according to filings with the U.S. Securities and Exchange Commission. Eleven undisclosed investors have contributed to the new funding round. Ovuline CEO Paris Wallace said it has created the world's largest data set on women who are trying to get pregnant. The company,…

  • Fri, May 22nd 2015 10:50 AM

    iRobot co-founder's drone startup gets new funding

    iRobot co-founder's drone startup gets new funding

    Danvers, Massachusetts-based drone maker CyPhy Works said it raised an undisclosed amount of funding from Draper Nexus, a venture firm based in Japan and California. CyPhy Works, founded by iRobot co-founder Helen Greiner, said the new funding will support hiring in the areas of data management and analytics, commercial partnerships, product management and mechatronics. CyPhy -- which offers two drones, the Parc and the Ease -- has raised $12.5 million to date and has under 50 employees. Earlier…

  • Thu, May 21st 2015 3:40 PM

    Smart thermostat startup plans to move to Charlestown, raise more funding

    Smart thermostat startup plans to move to Charlestown, raise more funding

    EcoVent, the Boston-based maker of a smart, room-by-room heating and cooling system, is moving into a new headquarters that's triple the size of its current Seaport location. The MIT-born startup has been growing at a strong clip, with $1 million in sales since fall 2014. EcoVent co-founder and CEO Dipul Patel said the company is on track to close a Series A funding round in July. "The industry is really picking it up, a lot of contractors, builders and property managers are all getting hyped on…

  • Thu, May 21st 2015 1:00 PM

    These 10 Mass. companies are making waves in water tech (BBJ photo gallery)

    These 10 Mass. companies are making waves in water tech (BBJ photo gallery)

    The $1.7 billion water technology industry in Massachusetts is robust and growing, with about 100 innovative companies in the Bay State. It's also about to get an important boost, with $800,000 allotted in Gov. Charlie Baker's budget to address some of the state's water challenges and help companies test their new technologies. "We think it's a smart bet for the state, and we have the building blocks to build a really leading global cluster in this area," said Alicia Barton, CEO of the Massachusetts…

  • Thu, May 21st 2015 9:40 AM

    Venture-backed networking startup expands to new Tewksbury HQ

    Venture-backed networking startup expands to new Tewksbury HQ

    When Altiostar Networks found itself outgrowing its headquarters, it didn't have to look far for new office and lab space to house an expansion. The Tewksbury-based tech startup has recently moved into a 37,000-square-foot corporate headquarters at 200 Ames Pond Drive in the Ames Pond Corporate Center - right next door from its previous headquarters at 100 Ames Pond Drive. Waltham-based general contractor Vantage Builders completed the headquarters build-out for Altiostar in 12 weeks, which Vantage…

  • Wed, May 20th 2015 4:30 PM

    Cambridge startup Weathermob acquired

    Cambridge startup Weathermob acquired

    Weathermob, the Cambridge-based maker of a mobile app that offers real-time weather information and meteorological data in more than 135 countries, has been acquired by a Japanese company. Weathernews Inc Japan announced Wednesday that it acquired the Boston startup for an undisclosed amount, according to news first reported by TechCrunch. "We remain committed to keeping the same warm and welcoming weather community and creating better, safer weather data, as we grow into this new global partnership,"…

  • Wed, May 20th 2015 12:30 PM

    Boston-area water tech gets funding from Gov. Baker

    Boston-area water tech gets funding from Gov. Baker

    Gov. Charlie Baker's administration is making $800,000 in funding available for innovative water-technology projects throughout the state. The Bay State is home to a robust water technology scene estimated to be a $1.7 billion industry, with nearly 100 companies leading the industry including Boston-based Oasys Water, Newton-based Desalitech and Boston-based NBD Nanotechnologies. Under a partnership between the Massachusetts Department of Environmental Protection and Massachusetts Clean Energy…

  • Wed, May 20th 2015 11:20 AM

    Boston-area water tech is about to get a boost in funding thanks to Gov. Baker

    Boston-area water tech is about to get a boost in funding thanks to Gov. Baker

    Gov. Charlie Baker's administration is making $800,000 in funding available for innovative water-technology projects throughout the state. The Bay State is home to a robust water technology scene estimated to be a $1.7 billion industry, with nearly 100 companies leading the industry including Boston-based Oasys Water, Newton-based Desalitech and Boston-based NBD Nanotechnologies. Under a partnership between the Massachusetts Department of Environmental Protection and Massachusetts Clean Energy…

  • Wed, May 20th 2015 10:10 AM

    MassChallenge welcomes 128 new startups to accelerator program

    MassChallenge welcomes 128 new startups to accelerator program

    MassChallenge, a Boston-based startup accelerator program, announced Wednesday the 128 startups that made the cut to participate in its 2015 program. As part of the four-month long no-equity program, startup teams will be granted free office space at MassChallenge's headquarters in the Seaport and work with expert mentors in the area. Hardware startups will also have access to the MADE@ MassChallenge hardware lab, where they can prototype and manufacture products. Top categories for Boston startups…

  • Tue, May 19th 2015 5:00 PM

    Co-work company raises $2.8M for D.C.-area growth, Boston expansion

    Co-work company raises $2.8M for D.C.-area growth, Boston expansion

    Cove, a co-working company with seven locations in Washington, D.C. and two in Arlington, Virginia, has raised $2.8 million in funding to expand its operations in Greater Washington and Boston. A number of individual investors, including some early funders of Zipcar, and an undisclosed "West Coast family office" were included in the round, according to Cove. Cove offers what it considers to be a distinct brand of shared workspace -- a more relaxed, socially focused environment, particularly for…

  • Tue, May 19th 2015 4:20 PM

    VC-backed airfare predictions app to reach 1M downloads this summer

    VC-backed airfare predictions app to reach 1M downloads this summer

    Hopper, the Cambridge-based mobile app that makes airfare predictions, is on track to reach 1 million downloads by the summer and is figuring out how to make money. The venture-backed company of the same name launched its app in late January and has been on a major growth spree since it moved from Montreal, Canada, to Cambridge in 2012. "The app getting so big so quickly was a bit of a surprise," said Hopper's founder and CEO Frederic Lalonde. Hopper is backed by $22 million in venture funding…

  • Tue, May 19th 2015 12:00 PM

    E-book startup lands more funding following international expansion

    E-book startup lands more funding following international expansion

    BookBub, a Cambridge-based e-book discount alert service, announced Tuesday it has raised another $7 million in equity and debt funding. Total funding to date for the company is now about $11 million and investors in company include Boston-based NextView Ventures and Cambridge-based Founder Collective. The new funding will help the company expand to more places internationally and "help us expand our products and services to make it easier for readers to discover great books, and to help authors…

  • Tue, May 19th 2015 10:30 AM

    MassMutual 'in-house startup' rolls out online life insurance

    MassMutual 'in-house startup' rolls out online life insurance

    A MassMutual unit is rolling out a new online insurance product that aims to reduce the rest of your life to about 20 minutes of number crunching. Haven Life, a life insurance agency that co-founder and CEO Yaron Ben-Zvi describes as an "in-house startup" within Springfield-based MassMutual, enables customers to apply for and receive term life insurance entirely online. The agency takes customers' medical and financial data, gathers other information from public databases, and uses proprietary…

  • Tue, May 19th 2015 10:00 AM

    Talkspace raises $9.5M to let users text their therapists

    Talkspace raises $9.5M to let users text their therapists

    If Roni Frank and her husband, Oren, weren't having marital troubles, they might never have started Talkspace. But after successful couples therapy and Roni's career change into mental health, their three-year-old startup connecting therapists to patients via text has raised $9.5 million. The Series A funding, announced yesterday, was led by Boston-based Spark Capital and SoftBank Capital (with offices in New York), plus existing investors Metamorphic Ventures and The Time contributing. Roni…

  • Tue, May 19th 2015 8:50 AM

    Online solar energy marketplace EnergySage raises Series A round

    Online solar energy marketplace EnergySage raises Series A round

    EnergySage, a Boston-based online marketplace for solar energy systems, has secured a $1.5 million Series A funding round. Investors include Launchpad Venture Group, the New York Angels and the Clean Energy Venture Group. Total funding to date for the company is now $4 million. The money will be used to boost the company's sales and marketing efforts and expand partnerships with businesses, municipalities, nonprofits and utilities. EnergySage operates in 30 states nationwide and expects to expand…

  • Mon, May 18th 2015 1:50 PM

    New apps match up tennis players in Boston

    New apps match up tennis players in Boston

    Playing tennis in Boston is about to get easier. Two new apps that aim to make it easier to find tennis players and reserve courts have debuted this week: Boston-based MatchOn and the city of Boston's new mobile app, Play Local, which was developed by Babson College students. MatchOn is a Tinder-like app that allows users to find nearby tennis players to play with, based on ability level. CEO Garrett Gates said it's not a dating app, though the inspiration for MatchOn came about from other apps…

  • Mon, May 18th 2015 12:00 PM

    Here's why this VC firm is flying Boston-area startups to China

    Here's why this VC firm is flying Boston-area startups to China

    Chinese venture capital firm Haiyin Capital is flying 10 of its American portfolio companies to China this Friday, including three Boston-area startups. Woburn-based flying car maker Terrafugia, Bedford-based solar tech company 1366 Technologies and Watertown wireless electricity company WiTricity will be visiting three of China's largest economic-development centers: Beijing, Hangzhou and Guangzhou. The purpose of the 10-day trip is to entice the early-stage companies in Haiyin's portfolio to…

  • Mon, May 18th 2015 10:10 AM

    Last week's new hires at Drizly, Localytics and more

    Last week's new hires at Drizly, Localytics and more

    Four Boston-area companies made significant new hires last week. Here's what you need to know: Cambridge-based startup SLIPS Technologies, maker of friction-free coating technologies and a competitor to LiquiGlide, also in Cambridge, has hired a new vice president of business development. Michael Laine was formerly the director of consumer products for Waltham-based Bosotn Engineering and also a medical device business development consultant. SLIPS Technologies' coatings are targeted for industrial…

  • Mon, May 18th 2015 8:00 AM

    Alcohol delivery app Drizly announces newest VC funding round

    Alcohol delivery app Drizly announces newest VC funding round

    Drizly, the Boston-based maker of a mobile app that allows users to order alcohol to be delivered on-demand from liquor stores, announced Monday a $13 million Series A funding round. Investors in the round include Washington, D.C.-based Wine & Spirits Wholesalers of America, Polaris Partners, First Beverage Group ad Suffolk Equity Partners. Total funding to date for the company is now $17.8 million. Drizly is on a major growth spree and will use the funding to continue expanding and investing…

  • Sun, May 17th 2015 9:30 PM

    A Boston startup is helping Somerville make sense of the weather

    A Boston startup is helping Somerville make sense of the weather

    A Boston startup that makes solar-powered weather stations has deployed its technology in the city of Somerville as part of a first-of-its-kind pilot program. The city said it would use weather stations from Boston-based Understory for purposes that include planning snow clearing and analyzing climate change effects. The startup's weather station that can measure three-dimensional wind, rain, and hail in real-time without any moving parts, giving a more accurate, hyper-local picture of the weather.…