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Survey Shows Venture Industry’s Outlook Brightening for 2011
Bruce V. Bigelow Venture capitalists and venture-backed CEOs are feeling more optimistic about 2011, according to the fifth annual outlook survey being released today by the National Venture Capital...
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Progress Software CEO Richard Reidy Talks “Major Transition” and “Whole New...
Gregory T. Huang Who’s the $500 million tech company that nobody has heard of? That would be Bedford, MA-based Progress Software, one of the largest software makers in the state. Progress (NASDAQ:...
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Emptoris Acquires Rivermine
Gregory T. Huang Burlington, MA-based Emptoris, a maker of supply and contract management software for businesses, said today it has acquired Rivermine, a Virginia-based developer of telecom expense...
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SustainX Scores $14.4M from GE, Others
Gregory T. Huang West Lebanon, NH-based SustainX, an energy-storage startup out of Dartmouth College, said today it has received $14.4 million in financing from GE Energy Financial Services and other...
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Vertica CEO Chris Lynch Talks HP Acquisition, Fires Back at Netezza, IBM in...
Gregory T. Huang Big data, schmig data. I know, you’re sick of it. Too bad. Let’s get right to the trash talk, shall we? A few weeks ago, Netezza CEO Jim Baum (who’s now part of IBM) was telling me...
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Tabula Raisa: $108M
Wade Roush In what’s being called the largest-ever fundraising round for a privately held semiconductor comopany, Santa-Clara, CA-based Tabula has collected $108 million in Series D funding from a...
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Kaminario Collects $15M for Storage Grid
Gregory T. Huang Newton, MA-based Kaminario, a data storage startup, said today it has closed a $15 million Series C round from new investor Globespan Capital Partners and previous investors Sequoia...
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Lockerz’s Latest $30M Haul Easily Tops April’s List of Washington State...
Curt Woodward Let’s count the juicy consumer-Internet trends piled up in Seattle startup Lockerz: Social networking, photo sharing, gamification, deals, and original content. That’s a mouthful, and...
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My Lunch with Andy Ory: Acme Packet CEO Talks Startup Lessons, Growing Pains,...
Gregory T. Huang It’s not every day I get to dine with the CEO of a public company worth $5 billion. Last month I sat down with Andy Ory, founder and chief exec at Bedford, MA-based Acme Packet...
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Seattle Deal Roundup: Livemocha, TTM, RootMetrics Raise Money
Curt Woodward We’ve got a trio of quick Seattle-area technology fundraising items today, fresh from the SEC filings. Livemocha reports that it has raised about $5 million in a Series C round, which...
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CloudSwitch Bought by Verizon as Wireless Giant Moves Into the Cloud
Gregory T. Huang Some interesting news in the world of startups and big cloud providers today. Verizon Communications announced it has acquired CloudSwitch, a Burlington, MA-based software startup,...
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Xconomist of the Week: Andy Ory on the Real Opportunity for Acme Packet
Gregory T. Huang Acme Packet is not the easiest technology company to write about. If you’re not careful, you end up bogging down in things like SIP trunking, IMS deployments, session delivery...
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Ember CEO: Silicon Labs Acquisition for $72M Is “Right Thing for the Company”
Gregory T. Huang It seems like it takes most tech companies about 10 years to run their course—if they survive the first few years, that is. Boston-based Ember is no exception. The wireless-networking...
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Plexxi, With $28M in Tow, Looks to Transform Networking for Data Centers
Gregory T. Huang Plexxi sounds like it might be a materials company. It’s not. But its name evokes the notions of flexibility and transparency. Until today, Plexxi wasn’t saying anything about what it...
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Snapshot of Boston Tech Deals: Heartland Rethink, Sand 9, & Sonus Networks
Gregory T. Huang A trio of decent-size technology deals around Boston today…and not a frivolous social/mobile app company among them. In fact, there is something quintessentially “Boston tech” about...
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Big Data: What’s Next?
Matt Fates Even before Governor Patrick announced the Massachusetts Big Data Initiative in May, the state had already established itself as the big data capital of the world. We have 12,000 people...
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Deal Count Rises, But Third Quarter VC Funding Lags Behind ’11 Pace
Bruce V. Bigelow Venture capital activity continued apace during the third quarter, with $7.5 billion invested in 835 deals nationwide—the highest deals tally since the dot-com era. But the overall...
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Inside Verizon’s Innovation Center: Home Health, Virtual Retail, & More
Gregory T. Huang A wireless telecom giant with a strong local presence is working on some surprising projects. If they pan out, those projects—and the various products they’re spawning—could...
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Acme Packet Sold to Oracle for $2B; Cue Silicon Valley Envy
Gregory T. Huang Oracle owns the Boston tech scene. That’s all I can think of now. The Larry Ellison machine from Silicon Valley has spent increasing amounts of money to acquire Boston-area icons,...
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Texas Roundup: TechStars Austin, Houston Hackathon, and More
Angela Shah An Independence Day hangover notwithstanding, we at Xconomy Texas want to be sure you are updated with startup happenings. Techstars Austin—The Boulder-based accelerator received more than...
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