Startups News

Monday, February 13, 2012

Spin Transfer whips up $36M in first round
Allied Minds has spun out a new startup, Spin Transfer Technologies Inc., with $36 million in a Series A round and tech to make a new kind of computer and device memory.
Yottaa adds CDN to its website booster offerings
Web performance boosting startup Yottaa Inc. has launched its own content delivery network, or CDN, which the company says will alllow its target audience of small to midsize businesses get the benefits of a CDN like Akamai Inc., but at a much lower cost.
Energy Points launches with sustainability metric and $3M
Zik Energy Points Inc. has launched with a new $3 million initial funding round and a way to help companies measure their sustainability efforts - by sophisticated algorithms and a new universal energy usage metric, the EPG.

Wednesday, February 8, 2012

MassCEC, MTTC awards $120K for clean energy projects
The Massachusetts Clean Energy Center Catalyst Program, funded by MassCEC and Massachusetts Technology Transfer Center, has awarded $120,000 in clean energy research grants to three researchers from UMass Dartmouth, Tufts University and Northeastern University.

Tuesday, February 7, 2012

Synchroneuron focuses new funds on movement disorder drug
Synchroneuron Inc., a biotech company that emerged from stealth mode Monday with a $6 million Series A financing, said it will use the funds to finish developing a new formulation for a chemical compound that is approved for other indications, company executives told Mass High Tech in an interview.
Startup Watch: Five you should follow
As part of each week's Startup Report, Mass High Tech highlights five startup companies and their business goals, that are profiled in the New England Tech Directory. Included in this week's Startup Report: Bison Alternatives, GymPact, Lessonsmith, Libboo and Memrise.

Monday, February 6, 2012

MindChild Medical seeks FDA nod for fetal heart monitor
North Andover startup MindChild Medical Inc. has filed a 510(k) pre-market notification application with the U.S. Food and Drug Administration for its Meridian non-invasive fetal heart monitor.

Friday, February 3, 2012

LeveragePoint leverages backers for $713K more
LeveragePoint Innovations Inc., a startup that provides a sales negotiation online platform, has kicked up its initial fundraise to $713,000, according to an SEC filing.

Thursday, February 2, 2012

Startup MyCare gets $1M in seed funding
MyCare Inc., a Connecticut healthcare information technology company, has raised $1 million in new funding, with $500,000 coming from Connecticut Innovations, according to a release.

Tuesday, January 31, 2012

Startup Watch: Five you should follow
As part of each week's Startup Report, Mass High Tech highlights five startup companies and their business goals, that are profiled in the New England Tech Directory. Included in this week's Startup Report: AcceptU, CampusEmployer, DivyaEnergy, Klypper and LiveMind.

Monday, January 30, 2012

Seed-stage investor Experiment Fund launches in Cambridge
Student entrepreneurs in Cambridge may have reason to stick around the area with the launching of The Experiment Fund, a new seed stage investment fund focused on student startups and new technologies and platforms in Cambridge.
Startup Co3 Systems lands Series A round
Stealthy data breach management startup Co3 Systems Inc. has taken in its first round of funding, just five months after launching. CEO John Bruce said the round, from Fairhaven Capital, was somewhere between $5 million and $10 million.

Friday, January 27, 2012

LevelUp launches T-Mobile-backed pay terminals
LevelUp, the customer loyalty deals business spun out of Scvngr Inc., has moved further down the road of a mobile payments company by now offering a terminal for merchants – the first piece of hardware offered by LevelUp or its parent Scvngr.
Fast-growing Mobiquity names Bayer as CFO
Mobiquity Inc., a mobile-focused professional services startup less than one year old, has a new chief financial officer, Michael Bayer, to lead the Wellesley company's rapid growth.

Thursday, January 26, 2012

Connecticut Innovations launches TechStart Fund
Connecticut Innovations, the state's quasi-public tech investment and development agency, has formed a $1 million TechStart Fund to support the launch of technology startups in the state.
SparkBridge swims out of Vancouver Aquarium, FableVision Studios
SparkBridge Interactive has launched today, tapping former Blue Fang Games COO Scott Triola as its new CEO, and aiming to bring a gamification platform to mobile apps.
SMTP opens first overseas sales office
Serial entrepreneur Semyon Dukach is taking one of his startups, SMTP Inc., overseas with its first business office outside the United States. The company has tapped Jorge Casas as the new director of business development and customer service.

Wednesday, January 25, 2012

New TechStars Boston class includes teams from all over
Along with a half dozen Boston area startups, prestigious accelerator TechStars Boston this year will include two companies currently based in France, one from Canada and four others from around the U.S. The program announced the 13 companies chosen for this year's class on Tuesday night.
MIT teams with Wayra startup accelerator in Latin America
MIT is bringing Latin American tech startups to Cambridge, launching the Wayra Entrepreneurship Lab @ MIT, in partnership with communications giant Telefónica.

Tuesday, January 24, 2012

Startup Watch: Five you should follow
As part of each week's Startup Report, Mass High Tech highlights five startup companies and their business goals, that are profiled in the New England Tech Directory. Included in this week's Startup Report: Abroad101, Ping4, Revosys, Warp Drive Bio and Xamarin.