Amazon to hire 2,000 in Boston’s Seaport
This week, Amazon announced that it’s creating an additional 2,000 technology jobs spanning fields like machine learning, speech science, cloud computing and robotics engineering at its Boston Seaport office. To accommodate the new employees, Amazon will expand into 430,000 square feet in WS Development’s Seaport project — a 7.6 million square feet development on the waterfront. They expect to open the office’s doors in 2021. [Built In Boston]
Carbon Black ups IPO fundraising target to $152M
Carbon Black, one of Massachusetts' most promising cybersecurity darlings, increased the proposed deal size for its upcoming initial public offering this week in a big way. The Waltham-based company, which provides endpoint security software to large companies, now plans to raise up to $152 million by offering 8 million shares at a price range of $17 to $19. That's up from the initial range of $15 to $17. At the upper range of its new pricing estimate, Carbon Black stands to be valued at a whopping $1.5 billion during its IPO, expected to take place later this week. Founded in 2002, Carbon Black currently employs about 820 total employees in the Boston area. [Nasdaq]
Data science startup Sentenai reels in $2M in seed funding
This week we're watching Sentenai, a Boston-based company that offers a cloud service to connect intelligent systems to the data they need to inform real-time decision making. Sentenai raised $2 million this week in a second seed funding round, bringing the company's total financing to roughly $3.8 million. (The early-stage startup pulled in a $1.8 million seed round in January 2016 led by Flybridge Capital Partners.) Sentenai's product uses a combination of machine learning and distributed systems to organize and make sense of sensor data streams. Investors in this week's round include One Way Ventures and TechNexus Venture Collaborative, as well as prominent angels Rob May, Jennifer Lum and Julia Austin. Sentenai said it will use the new money to further its product and customer development initiatives. [EconoTimes]
Namogoo to double Boston team with fresh $15M Series B
Namogoo, a company whose technology protects e-commerce websites against malware, is doubling its Boston team within the next year, thanks to a fresh $15 million Series B round. The financing round, which was led by Hanaco Venture Capital, will help the company invest in its technology and scale its teams in both its U.S. and Israel offices. The startup, which has secured $29 million in total funding thus far, protects e-commerce companies against injected malware attacks by having retailers install Namogoo code on their websites. The code checks that sites are clean of rogue links that can appear as pop-up ads or legitimate-looking product recommendations. [Built In Boston]
