A Waltham startup is coming out of stealth mode today, with $8 million in funding. Cazena reunites several veterans of Netezza, a data warehousing startup that went public and then was acquired by IBM for $1.7 billion four years ago. The deal is unusual in that it's the first time California-based Andreessen Horowitz — the venture capital firm co-founded by the fellow who brought you the Netscape browser — has participated in a Series A round of funding for a startup here in Massachusetts. Andreessen Horowitz is investing alongside North Bridge Venture Partners, the Waltham VC firm.
Read MoreBrand new botsLocal robotics startups debut at downtown showcase
EverTrue, a startup that helps universities and prep schools connect with and raise money from alums, is announcing that it has raised some more cash of its own today. Bain Capital Ventures is leading an $8 million round of funding for the Boston company. That brings the total amount EverTrue has raised to $14.5 million. I asked founder and CEO Brent Grinna about what he thought were the keys to getting from its first major round of funding (often known as a Series A round) in March of 2013 to this second round (the B round) just about 18 months later.
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 MoreTipping pointKendall Square passes from tech center to biotech center
Just three years after Harvard University opened its Innovation Lab, a space for students to develop startup ideas, there's a new annex for alumni businesses located right across the street. The Launch Lab is intended to support not only recent grads who may be growing companies they started when they were students, but also alumni several years out who are working on new ventures. Both the Launch Lab and the Innovation Lab are in the former WGBH television complex on Western Avenue in Allston. I stopped by earlier this month to have a look...
Just launched this month at Tufts and Boston University is a new labor marketplace, HelpU, that aims to connect students and employers for short-term gigs. It'll compete with local temp agencies, Craigslist, and the job boards run by individual schools.
Read MorePost-mortemBeware the ‘solution looking for a problem’ startup
The Boston-area tech scene is booming. Ted Healey and Ryan Tremaine have put together a map of the ecosystem, which is a great visual representation of the density of organizations in the area.
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