Atlas Venture

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Mouse Money
Big companies seeing big business in DraftKings' online fantasy sports games
DraftKings founders (from left): Paul Liberman, Jason Robins. and Matt Kalish [Image via DraftKings]
The business of online, one-day fantasy sports betting has become huge almost overnight. Here's one way to measure that explosive growth: DraftKings, a Boston-based company founded in 2012, is reportedly attracting investment from one of the biggest names in sports media. Read More
Biotech-focused Atlas Venture moves into new digs in Tech Square
Atlas Venture partners Peter Barrett and Bruce Booth. (Photo by Scott Kirsner / BetaBoston.)
If you haven't been following the breakup of the 35-year-old venture capital firm Atlas Venture, which once invested in both tech and biotech, partner Peter Barrett sums it up this way: "In this divorce, the life sciences side kept the name, and the tech side got the house." So Atlas's team of tech investors is casting about for a new name, but staying in East Cambridge. And the biotech crew, still known as Atlas, just moved into new offices yesterday atop 400 Technology Square in Cambridge, midway between the Kendall and Central stations on the Red Line. 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
No more Windows Pains?
Reddo Mobility raises $4.25 million to bring Windows apps to mobile devices
Photo via Reddo Mobility
Reddo Mobility, a spin out of enterprise HTML5 software services company Gizmox, announced it has raised $4.25 million in new funding today. The funds will help it expand its software services that allow Windows desktop applications to run on mobile devices and other non-Microsoft computer platforms, which could make accessing propriety business software a whole lot easier on mobile phones and tablets. Read More
LinkedIn for Sports Fans?
Fancred adds new features to its all-in-one fan experience platform
BARRY CHIN/GLOBE STAFF
Fancred, the Boston-based website and mobile app that lets sports fans connect and share content on their favorite teams, announced a new product update this week called "Your Fancred." As the company explained it, the update creates a new way to store, share, and relive your sports memories online. After talking to Fancred chief executive Hossein Kash Razzaghi, it seems as if Your Fancred is a step towards the company becoming a full-featured, sports-focused social media brand. Read More
Calling all cyber defenders
Bruce Schneier: There are three big threats to cybersecurity — and one defense
<a href="http://www.shutterstock.com/pic-155696531/stock-photo-young-male-thief-stealing-data-from-computer.html?src=5VwuqpGT-fVTRgzBQhlUpg-1-18">Image of "stealing data" via Shutterstock</a>
BetaBoston partnered with Silicon Valley Bank, Hack/Reduce, and Terrible Labs on Thursday to host the Cyber Security Symposium. Security experts from Credit Suisse, Threat Stack, Bit9 and others convened for a day-long event, the second niche-focused conference put together by SVB, Atlas Venture's Cort Johnson and Terrible Labs' Smith Anderson after the Quantified Self Conference in March. Read More