IT

26 stories
Cybersecurity summer camp
MIT students, Highland Capital, partner to launch Cybersecurity Factory
Networking Switch
Over the past several months, two PhD candidates in MIT's CSAIL program have been busy attempting to solve a few tough questions: How do you make cybersecurity sexy? How can you create excitement about the field? And perhaps most importantly, how do you take the impressive work being done at academic institutions and find ways to bring it to market? Read More
New Member to the Billion Dollar Club
SimpliVity raises $175 million, is now valued over $1 billion
SimpliVity chief executive Doron Kempel (courtesy of the company)
It has been one year since Waltham-based Actifio raised $100 million in investment funding, valuing the company at more than $1 billion and elevating it to "unicorn" status — meaning that it is privately held and has raised investment funding that values the company at more than $1 billion. Today, Westborough-based tech infrastructure company SimpliVity joins the unicorn list. Read More
Head in the Clouds
CloudHealth Technologies raises $12 million to support the growth of cloud computing
(NOAA NATIONAL WEATHER SERVICE; FREEBIGPICTURES.COM)
CloudHealth Technologies, a Boston-based developer of management software for the cloud, announced today that it has raised $12 million in new funding. The Series B investment round was led by Silicon Valley venture capital firm Scale Venture Partners, and was joined by existing investors .406 Ventures and Sigma Prime Ventures. Read More