Bain Capital Ventures

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EverTrue, a startup that helps universities and prep schools connect with and raise money from alums, is announcing that it has raised some more cash of its own today. Bain Capital Ventures is leading an $8 million round of funding for the Boston company. That brings the total amount EverTrue has raised to $14.5 million. I asked founder and CEO Brent Grinna about what he thought were the keys to getting from its first major round of funding (often known as a Series A round) in March of 2013 to this second round (the B round) just about 18 months later.More →

Does it violate Massachusetts regulations to have your nails painted in an empty conference room at work?

A startup that dispatches manicurists to offices in Boston, New York, and Chicago is attracting scrutiny from the Massachusetts board that licenses cosmetologists and nail salons. At issue: whether it’s kosher for Manhattan-based Manicube to offer manicures outside of a licensed nail salon. This is the latest tussle between regulators and a startup taking a new approach to an established industry, similar to Uber in transportation or Airbnb in hospitality.More →