Tech roundup: Evergage raises $10M Series C, AirFox announces ICO and more

August 9, 2017
Photo via Evergage

Evergage raises $10M in funding, plans to expand engineering and sales teams

Website personalization vendor Evergage reeled in a $10 million Series C this week led by repeat investor Arrowroot Capital, bringing the company’s total funding to $31.5 million. 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. The company currently has 80 employees in its Somerville office, but plans on hiring 15 to 20 new people over the next six months. [Built In Boston]

Photo via Buoy Health

Buoy Health raises $6.7M Series A to scale new digital symptom checker

When you’re feeling sick, googling your symptoms and attempting to self-diagnose can be a slippery slope toward inadequate healthcare. That’s why Boston-based health tech startup Buoy Health is trying to offer a better solution with its new digital symptom checker, which it hopes to scale to new markets with a fresh $6.7 million Series A round, led by F-Prime Capital Partners. 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. [Built In Boston]

Photo via AirFox

AirFox announces ICO to make mobile data more affordable

AirFox, the company whose mission is to make mobile data and internet more affordable for millions of people, announced that it will open an initial coin offering (ICO) on August 29 to fund the development and launch of its new blockchain consumer platform, AirToken. A TechStars portfolio company, AirFox aims to raise up to $15 million in a token sale to make mobile internet more accessible to 4 billion underserved people who can’t afford it. How? AirFox’s technology uses the decentralized power of the Ethereum blockchain as well as advertising and proprietary “credit-score” algorithms to reward users with AirTokens, a new cryptocurrency redeemable for mobile data, and eventually physical and digital goods. [Press Release]

Photo via EnerNOC

Enel Group acquires Boston-based EnerNOC for $250M

Enel Green Power North America, an Enel Group subsidiary, acquired Boston’s EnerNOC for approximately $250 million this week. EnerNOC is a leading provider of demand response and energy services for utility, commercial, institutional and industrial customers. Enel will incorporate EnerNOC’s more than 8,000 customers and 14,000 sites under management. [Press Release]

Photo via Cybereason

Cybereason announces DEEP 2017 event

Cybereason, a cybersecurity startup providing behavioral-based enterprise attack protection, announced its inaugural industry event, DEEP 2017, this week. This invite-only forum will feature dynamic thought leaders from the security industry and take place October 3rd and 4th at the Liberty Hotel in Boston. The format will include short talks that ask deep questions and include audience participation. Current speakers span the technology industry across public and private sectors and include Apple co-founder Steve Wozniak and former security officers at the CIA. [Press Release]

Photo via Jebbit

Marketing tech startup Jebbit reels in a cool $6.8M Series A to expand data platform

Marketing tech startup Jebbit raised a $6.8 million Series A round led by Manifest Investment Partners. The funds will go toward growing the startup's decorated data platform, which removes the need for enterprise brands to buy third-party data to understand their customers. The company currently has 35 employees and has said that its annual revenue has increased threefold since last year. [BostInno]

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