Funding

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It has been quite a busy week for fantasy sports startups with local connections. First, Fortune reported that Draft Kings is in early talks with Disney about raising money that could value the Boston-based company at more than $1 billion. And today, former StarStreet founders, Jeremy Levine and Nicolo Giorgi announced that their new company has raised $3.5 million in Series A funding.More →

There are numerous potential threats to Internet security: lone-wolf hackers, state-sponsored cyber attacks, or identity and data theft, for example. But one of the most difficult cybersecurity challenges to identify and prevent are the Edward Snowdens — the players already inside an organization who are looking to steal or share sensitive information.

Today, Cambridge-based Sqrrl, which uses data analytics to fight Internet security threats, including from those known as ‘determined insiders’ like Snowden, announced that it has raised $7.1 million in new funding. More →

So much happens in five years…

In 2010, I covered the initial funding of a Cambridge startup called Performable, which was out to help websites hold on to more of their visitors. In 2015, those same two entrepreneurs are collecting capital for a new idea, Driftt, from the same venture capital firm that initially backed Performable, CRV. Between 2010 and 2015, they got acquired by HubSpot for $20 million, helped that company rebuild its digital marketing product and grow its software development team, and left in September 2014, just before HubSpot’s IPO.More →