A Boston startup, Pencil Labs, has slipped a new calendar and messaging app called Wyth into the iTunes Store with zero fanfare. I've been tracking the startup since last May, but the founders aren't saying much and the website is still in "coming soon" mode. Pencil raised some early funding in 2013 from two Cambridge venture capital firms, Matrix Partners and Charles River Ventures.
Read Morea new Path takenPath acquires Cambridge-based TalkTo, will launch Path Talk today
One thing you often hear in discussions about the Boston tech scene is that the city (and the surrounding suburbs) are filled with companies that are quietly building some of the most technologically innovative — and potentially most successful — new companies.
There may be a bit of mythology tied to the notion that there are "quiet sleeping startup giants" all around Boston. But, hidden away in nondescript office buildings that overlook Route 128, there are actually some real rockstar companies to be found.
Virtual reality technology startup Oculus VR has reached a deal to be acquired by Facebook for approximately $2 billion, and two Boston-area venture capital firms, Matrix Partners and Spark Capital, are among the investors set to earn a windfall.
The company is the maker of the the Oculus Rift virtual reality headset. Matrix’s investment into Oculus has been led by Cambridge-based general partner Antonio Rodriguez, while Spark’s investment has been led by Boston-based general partner Santo Politi. Read More
Popular online music service Spotify will have its largest U.S. engineering outpost in Somerville with the planned acquisition of The Echo Nest.
That’s the word from Antonio Rodriguez, general partner at Matrix Partners and board member at The Echo Nest. “We are going to have the largest U.S.-based Spotify engineering group here — not the Valley, but here,” Rodriguez said in an email.
Read MoreTop dollarThe 10 largest Boston VC deals of February
Boston’s top venture capital hauls in February went to companies tackling Parkinson’s disease, cybersecurity, and personal health monitoring.
Here are the 10 largest Boston-area VC deals I came across during the month.
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