Boston Tech Watch: DraftKings, HubSpot, New stability, Zagster, & more
This week, we’re monitoring the newest information from the daily myth sports activities industry, what’s happening inside of HubSpot, new money for a few native startups, and a pair of wearable gadgets from Massachusetts companies. (It’s no longer all GE.) learn on for important points.
—Boston-primarily based DraftKings and new york-based FanDuel can be allowed to continue working in new york right through the duration of state appellate courtroom lawsuits with a purpose to resolve if the daily fable sports companies are working playing operations considered unlawful below state legislation. new york is the two firms’ greatest market.
—In different delusion sports activities trade news, Mark Cuban invested in myth Labs, a Beverly, MA-primarily based instrument company that provides day by day myth sports information and analytics tools. the size of the funding wasn’t disclosed. Cuban, the billionaire owner of the Dallas Mavericks, has backed a couple of Massachusetts firms, including HourlyNerd, Apptopia, Haystagg, Chargify, and extra.
—The U.S. Justice division has determined to not cost two former HubSpot employees for allegedly seeking to acquire get right of entry to to a draft of a pending ebook concerning the Cambridge, MA-based totally gross sales and advertising instrument firm, in keeping with BetaBoston. The ebook—Disrupted: My Misadventure in the begin-Up Bubble, which chronicles creator Dan Lyons’s stint as a HubSpot advertising fellow—is scheduled to be published in April.
meanwhile, HubSpot simply elevated to a 2d constructing to make room for its persevered boom. the new digs embrace an indoor beer backyard and a table tennis room, the Boston industry Journal mentioned.
—Boston-based edtech startup accelerator LearnLaunch has created a 2nd software referred to as breakthrough, with the intention to focal point on later-stage firms that have already got merchandise on the market. step forward is a shorter, two-month version of its main accelerator program, and will focal point on methods for accelerating gross sales increase.
—Goodwall, a Geneva, Switzerland-based totally startup that’s opening a Boston administrative center, raised $ 2.1 million in seed cash from angel investors. the company says more than 1/2 a million high school college students international use its web page and cell app to attach with peers and colleges, exhibit their achievements, and get help with the college search and software course of. Goodwall was once a finalist in MassChallenge’s Boston accelerator final year.
—Zagster, a Cambridge-based bicycle-sharing company, raised $ 1.5 million from investors, a new SEC submitting presentations. the money follows a $ three.5 million spherical Zagster introduced in July. the company went throughout the Techstars Boston accelerator program in 2012.
—Boston-primarily based information analytics agency Cambridge Semantics has obtained the mental property of San Diego-based Sparql city and hired its high executives. the acquisition worth wasn’t disclosed. Sparql city had raised $ eleven.6 million in mission capital, according to SEC paperwork.
—Lexington-based totally MC10 and L’Oreal unveiled the primary product created thru their partnership: “My UV Patch,” a thin wearable product that sticks to the pores and skin and has sensors that measure one’s exposure to UV radiation. BetaBoston has more right here.
—Boston-primarily based New steadiness introduced a brand new expertise division, and its first product might be a smartwatch targeting athletes. The smartwatch, made in partnership with Google and Intel, will play song and track running routes by the use of GPS—all with no need to hold a smartphone, New steadiness stated.
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