The last big wave of venture investment in clean-tech startups has long since crashed and rolled back. But if you’re making software instead of something produced by a factory, private investors are still willing to open up the checkbook.
That’s certainly the case for FirstFuel Software, a developer of data analysis software for electric utilities. The Lexington, Mass.-based company says today that it’s raised another $23 million in venture capital, in part to help bankroll an expansion in Europe.
Read Morehome sweet homeOnline real estate startup Placester adds $15M, plans to double staff
Boston is both the capital of American higher education and one of the country’s top centers for technology entrepreneurship. So it makes sense that entrepreneurs here would be interested in rethinking the big business of college.
Today, two of those companies are joining forces. Valore, a nine-year-old Boston company that runs online marketplace sites for textbooks and student loans, is acquiring online learning startup Boundless, which provides digital alternatives to textbooks.
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 MoreBuilding BuzzNanigans gets $24M for social media ad-tech expansion
Social media is big business — and it should get even bigger as traditional ad spending continues moving to digital channels.
One of the beneficiaries of that shift is Nanigans. The five-year-old company, based in Boston, helps advertisers get the most out of their marketing budget by allowing them to target their digital ads and see how well they perform across hundreds of millions of social-media users.
Read MoreVC bubble or not, sea of funding options is boon for entrepreneurs
Katie Rae was at an MIT conference when a familiar thought crept into her head: “How quickly can I duck out of this boxed lunch and go get real food?”
“But I peeked into the box and said, ‘Wow, this actually looks good,’ ” she recalled. “That was my introduction to Phoodeez.”
Now Rae’s venture capital firm, Project 11, is leading a $600,000 investment round in Phoodeez, a Boston startup that caters corporate functions by supplying food from multiple local restaurants that specialize in different types of cuisine.
Read MoreThis just inAfternoon roundup: Rapid7 finds Android ‘privacy disaster’; Fund for Dartmouth startups launches
Something very big is happening in tech on Sept. 9, and I’m not talking about the Apple announcement. On Tuesday, a new book from Vivek Wadhwa and Farai Chideya, Innovating Women: The Changing Face of Technology, is coming out. I caught up with him in Silicon Valley this week to talk about diversity in technology and hear more about the book.
Read MoreTop DollarThe top VC deals in Boston for August
A bit tardy on this, but it's been busy here at BetaBoston as things pick back up for the fall. Not surprisingly, August was a fairly slow month for fundings in Boston, so I'm just sharing the deals of roughly $10 million and above.
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