Boston tech brought in over $37M in August. Here are the top 5 rounds

Written by Justine Hofherr
Published on Sep. 01, 2017
Boston tech brought in over $37M in August. Here are the top 5 rounds

With $37.7 million for August’s top tech funding, VCs showed a little less love than they did in July’s $300-million month. Here are the companies with the highest rounds in August.

gamer sensei
photo via Gamer Sensei

5. Gamer Sensei, $4M, August 30

Investors: The round was led by a group of venture capital firms, including lead investors Cambridge-based Accomplice and Norwood-based Advancit Capital.

Bio: Gamer Sensei is an esports coaching platform. 

News: The company, which has 11 employees, will use the money for marketing and product development, including developing new software that helps PC gamers share a stream of their gameplay to improve coaching.

buoy
photo via Buoy Health

4. Buoy Health, $6.7M, August 9

Investors: The round was led by F-Prime Capital Partners.

Bio: Formed at the Harvard Innovation Laboratory, Buoy Health’s team of doctors, product designers and software engineers developed a smart symptom checker called “Buoy” that leverages artificial intelligence powered by machine learning and proprietary data to resemble an exchange you’d have with your favorite doctor.

News: The funding would go toward building out Buoy Health’s six-person team, recruiting additional clinical researchers, engineers and marketers, as well as bringing on a board of medical advisors to deepen expertise in different specialties.

jebbit
photo via Jebbit

3. Jebbit, $6.8M, August 9

Investors: The lead investor was Manifest Investment Partners.

Bio: Marketing tech startup Jebbit sells software that removes the need for big brands to buy third-party data to understand their customers.
News: Jebbit said the investment would enable them to grow their sales and engineering teams as they continue to expand their customer base and build out data capabilities for customers.

evergage
photo via Evergage

2. Evergage, $10M, August 9

Investors: The round was led by repeat investor Arrowroot Capital.

Bio: Using Evergage’s real-time personalization platform, organizations engage with more than 2 billion website visitors through in-depth behavior analytics, advanced machine learning and a full customer data platform. 

News: Evergage will use the new funds to expand the company across its engineering, sales, marketing and client success departments, as well as to drive international growth.

snapapp
photo via SnapApp

1. SnapApp, $10.2M, August 15

Investors: The funding was led by repeat investor Providence Strategic Growth.

Bio: SnapApp’s interactive content marketing platform lets companies like Cisco, Hewlett Packard Enterprise and Paycor make everything from infographics to financial literacy quizzes as a way of collecting user data and finding prospective customers.

News: The funding will go toward expanding SnapApp’s sales team, building out the company’s technology and looking for potential acquisitions.

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