Matrix Partners

21 stories

Amid all the hype about the Apple Watch, expected to start shipping later this week, a Cambridge startup working on a smartwatch of its own has stayed very quiet. But that will change on Friday, when Quanttus unveils the design of its first product on Friday at the Wired Health conference in London. Quanttus became the best-funded local startup working on wearable devices after it raised $19 million last February, which brought its total funding to about $22 million — but there have recently been a few high-profile departures at the company.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 →

A Boston startup, Pencil Labs, has slipped a new calendar and messaging app called Wyth into the iTunes Store with zero fanfare. I’ve been tracking the startup since last May, but the founders aren’t saying much and the website is still in “coming soon” mode. Pencil raised some early funding in 2013 from two Cambridge venture capital firms, Matrix Partners and Charles River Ventures.More →