Boston Tech Watch: Keurig, Codeship, twine, Ve Interactive, & more
This week, we’re following new funding rounds and acquisitions in industries ranging from drones to espresso, plus a look at applied sciences which can be helping authorities respond to mass shootings. read on for important points.
—Keurig inexperienced Mountain (NASDAQ: GMCR) is getting scooped up by using an investor crew led through Germany-based totally JAB maintaining Co. for $ thirteen.9 billion. The $ 92-per-share providing price is a seventy eight % top class to the corporate’s closing inventory price on the day past of buying and selling prior to the deal used to be announced, even supposing Keurig stock has dipped more than 60 percent this yr, Reuters said.
Keurig green Mountain is based totally in Waterbury, VT, and has a research facility in Burlington, MA. Keurig was based in Wakefield, MA, sooner than it was acquired with the aid of Vermont-based green Mountain coffee Roasters in 2006, in line with the Boston trade Journal.
—Cambridge, MA-based totally wire well being closed a $ 6.75 million series A spherical from Khosla Ventures, Provenance mission forum, Tower Capital companions, and angel investors Andy Palmer, James Pallotta, and Henri Termeer. the company sells healthcare instruction and collaboration software to hospitals and other organizations.
—Boston-based totally Bevi raised $ 6.5 million in a collection A spherical led with the aid of Hong Kong-based totally Horizons Ventures. The startup makes an internet-related kiosk machine that dispenses personalized drinks the use of faucet water.
—Malden, MA-based drone maker prime Flight applied sciences raised $ 1.seventy five million in seed funding. The round used to be led via John Frankel of ff mission Capital, with participation by OA Fund LP’s John Shaw, Scrum Ventures’ Tak Miyata, MIT Media Lab director Joi Ito, and other angel traders. the cash will reinforce product development and the launch of a beta trying out application with consumers.
—Boston-based Codeship stated it raised $ 1.5 million from undisclosed new buyers and previous backers equivalent to Sigma prime Ventures, Boston Seed Capital, and F-top Capital companions. The Techstars Boston alum has now raised $ four.four million thus far for its internet-based totally carrier that enables checking out and implementing of software code.
—Masabi, which provides cloud-based totally cell ticketing and fare collection products for the transportation business, raised $ 12 million from global public transit operator Keolis, Lepe partners, MasterCard, and former investor MMC Ventures. Masabi is based in London, however has places of work in Boston and big apple. Its buyers include Boston’s MBTA system.
—Weston, MA-based totally Allyke raised nearly $ 1.2 million in seed funding, in step with a new SEC filing. Allyke is commercializing expertise that allows on-line and cellular shoppers to go looking stock the usage of photography instead of words.
—Shearwater, which went during the Techstars Boston software over the summer time, raised $ 1.1 million from buyers, a new SEC submitting displays. The device company helps join high school and faculty college students with alumni mentors, who present beef up and assist them have interaction extra with the college community.
—Adtech firm Ve Interactive obtained the show retargeting industry from eBay endeavor advertising options for an undisclosed worth. Ve Interactive is based totally in London and has North American headquarters in Boston, where 70 of its workers are based totally. After the acquisition, Ve Interactive will hire more than 850 individuals worldwide.
—within the wake of yet any other mass taking pictures, BetaBoston lined several new gunshot detection and response applied sciences, together with a machine made with the aid of Rowley, MA-based Shooter Detection programs.
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