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Outside Influence
Boston’s top VC dealmakers in Q2
(Shutterstock)

This week Charles River Ventures, now known as CRV, announced that its new fund would make Silicon Valley the priority, formalizing a shift westward that has been going on for a few years now.

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Big backer
Google Ventures favoring Boston over New York
google_ventures

As CB Insights puts it, Google Ventures “has seen a huge spike in activity in recent years.” Most of that has been near the Google “mothership” in California (Google is the firm’s sole financial backer). But Massachusetts, not New York, is the second-busiest center of investing activity for the prominent VC firm.

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Google Boston Grows
On Friday, we told you that the news that Springpad was shutting down may have something to do with an acquihire move by Google. Sara Castellanos at the BBJ is reporting some key Springpad engineering team members will be joining Google's Cambridge operations. The five Springpad engineers (including co-founder and chief product officer Jeff Chow) who will be joining Google will work on the Google Play Newsstand project. I also heard that Springpad had been talking with both Amazon and Google about an acquisition in the lead up to the news that it was closing shop. Don't be shocked if some of Springpad's marketing and sales folks end up at Amazon's Boston office, which is said to be playing a key role in the development of the company's reported new smartphone.   Discuss
In Google's Grasp?
Google might be acquiring Springpad in acqui-hire deal
(Image from Flickr via Creative Commons - "Grabbing Google" by Duncan Hull)
Word started to trickle in that Springpad, the Boston based note-taking application, was shutting down. The Verge first reported the news last night, including a tidbit that the Springpad team was going to be working on another project. Springpad then confirmed on its site that it would be shutting down as of June 25. However, a source tells us something a little more complex going on. Read More