Tech roundup: 6 River Systems lands $25M, Walmart looks to buy PillPack, and more

Justine Hofherr
April 5, 2018
6 river
Photo via 6 River Systems

6 River Systems raises $25 million for warehouse robotics

6 River Systems, a company building next-gen warehouse robotics, raised a $25 million Series B round this week. The Waltham company said the funding will be used to hire 80 people over the course of 2018, and to build out its warehouse management software. 6 River Systems makes autonomous mobile robots named “Chuck” that work alongside humans in fulfillment centers. [Boston Business Journal]


Photo via PillPack

Walmart looking to buy PillPack for $1 billion

A report from CNBC says that Walmart is looking to buy PillPack, an online pharmacy that helps people manage prescriptions by packaging pills and delivering them, for roughly $1 billion. Amazon also courted PillPack. This acquisition would be an attractive prospect for Walmart and other e-commerce companies that want to enhance their healthcare offerings. The deal is not yet finalized and could still fall apart. [CNBC]


Photo via Legit

AI startup Legit raises $2.6 million

Legit, a startup launched out of MIT that uses artificial intelligence to hasten the time it takes to apply for patents and other intellectual property protections, raised $2.6 million in funding this week. The round was led by Eniac Ventures, with participation from Elementum Ventures and Max Ventures. The company, which currently employs nine, will use the financing to scale the company’s sales operations and research team. [BostInno]


Photo via Amazon

A sneak peek inside Amazon’s new Seaport office

Amazon plans on leasing a new building in the Seaport District for 2,000 new employees, and WS Development released images of what it could look like this week. The space, which will have 15 floors, will be designed by architecture firm Gensler. The proposal is being reviewed by the Boston Civic Design Commission, but it has already received major permits from the Boston Planning and Development Agency. [The Boston Globe]


Photo via Shutterstock

Centage named to BBJ’s Fast 50

Centage Corporation, a provider of cloud-based budgeting, forecasting, and analytics software, announced they have been named among the Boston Business Journal’s Fast 50 honorees, which represent the 50 fastest-growing private companies in Massachusetts, this week. The Fast 50 winners are selected and ranked based on a formula that counts revenue growth from 2014 to 2017. The numbers are analyzed by the BBJ’s research department and CPA firm Withum. Currently, Centage employs 100 in Massachusetts. [Press Release]

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