Grand Theft (Electric) Autos
The A123 v. Apple lawsuit - Apple cars, failed battery makers, and noncompetes
(MARK LENNIHAN/ASSOCIATED PRESS)
A123 Systems, a Waltham-based maker of lithium ion batteries, has filed a lawsuit on the basis of broken noncompete agreements against Apple Inc. that claims the tech company poached some of its prominent electric car battery engineers, according to a recent report from Reuters. Read More
Game Quest
UPDATE: Sega buys local game maker Demiurge Studios, but doesn't get rights to popular 'Marvel Puzzle Quest'
An image from “Shoot Many Robots” by Demiurge.
Video game company Sega has bought a Cambridge-based mobile game developer, marking the Japanese company’s first foray into the Boston video game scene. Tokyo-based Sega Networks Co. said this morning that it had bought three companies, including Demiurge Studios, a developer with 35 employees. Terms of the deals weren’t disclosed. Read More
Yelp for meds
Walgreens partners with PatientsLikeMe for online information on drug reactions
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In a partnership that promises to be a kind of Yelp for meds, pharmacy giant Walgreens Boots Alliance Inc. is collaborating with PatientsLikeMe of Cambridge to host information about side effects for more than 5,000 medications on its website. When customers log into walgreens.com, they will be able to see a list of most common reactions to medications and the severity with which they occur, aggregated from PatientsLikeMe’s database of information reported by patients who are taking those treatments. Read More
No Hibernating
Sqrrl raises $7.1 million for its NSA-rooted security risk detection software
Left to right: Adam Fuchs, co-founder and CTO; Mark Terenzoni, CEO; Ely Kahn, co-founder and Director of Business Development.(Photo via Liz Linder Photography)
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. Read More
Added advertising value
With BrandFeed, Hill Holliday makes a push into products
John Running, director of Hill Holiday's Project Beacon team, meets with the team at their office in Boston. Jessica Rinaldi/Globe Staff
It’s late afternoon, and several Hill Holliday staffers are sitting on a couch, sipping Pabst Blue Ribbons and staring at a large television screen covered in tiny dashboard gauges. Dials wave back and forth and the team — a mix of Web designers, app developers, and the ad agency’s other creatives — looks on, mesmerized. The dashboard, known as BrandFeed, allows companies to track their social media campaigns on Facebook and Twitter in real time, helping them to determine how they can best allocate their advertising dollars, based on how well they’re being received online. Read More
Museum, meet Cuseum
Art tech startup Cuseum, formerly Spotzer, raises $1.2 million in seed funding
Photo provided by Cuseum
Cuseum, a museum technology startup, announced this morning that it has raised $1.2 million in seed funding. Cuseum focuses on mobile technology for the art and cultural sector, allowing museumgoers to have more personalized experiences interacting with art in exhibits and galleries. The startup has also debuted a name change; it was formerly known as Spotzer. Read More
Change for Good
Changing Environments raises $1 million to connect municipalities, citizens, and the Internet
(From left to right) Nan Zhao, Jutta Friedrichs, FKA's Chris Lynch, and Sandra Richter.
Changing Environments, a Cambridge-based Internet of Things startup, is trying to improve the way communities and its citizens interact. The company has created a network for civic-minded app developers and organizations to connect with mobile phone users through sensor-connected "urban appliances." Read More