Wellist closes $10M Series A
Wellist, a Boston tech startup dedicated to improving patient care, raised $10 million in funding this week to support its mission. Led by Summation Health Ventures and .406 Ventures, the funding will allow Wellist to expand its market and enhance its digital health platform that connects patients to non-medical support services. The financing comes after a strong year for Wellist, which added clients to its roster like Massachusetts General Hospital, Beth Israel Deaconess Medical Center and the University of Pittsburgh Medical Center. [Press Release]
Gamalon raises $20M in funding to usher in next wave of AI
Gamalon, a Cambridge-based startup whose artificial intelligence system can process natural language and then explain what ideas are present and how they are organized, raised $20 million this week. The investment was led by Intel Capital, and will allow Gamalon to continue investing in research and development, as well as expand its sales and marketing efforts. [Built In Boston]
Waltham-based cybersecurity firm Carbon Black IPOs
It was a huge week for Carbon Black, a Waltham-based cybersecurity firm, which made its debut as a publicly traded company after saying it hoped to raise $152 million from an initial public offering. The company closed at 26 percent above their IPO price of $19 per share. Carbon Black offers cloud-based endpoint security services that analyze customers’ unfiltered data for threats. [Cyberscoop]
Yobe raises $1.8M in seed funding
Yobe, a startup using AI to transform voice technologies, secured $1.8 million in seed funding this week from Clique Capital Partners. The financing will be used to accelerate the commercialization of Yobe’s core product — smart voice biometrics tech — which they plan to launch this summer. The recent funding comes on the heels of a $990K angel round the startup received in 2016. [Press Release]
SmartBear acquires Hiptest
SmartBear, a Somerville-based company that develops software quality tools for teams, acquired Hiptest, a continuous testing platform headquartered in France, this week. Hiptest allows agile and DevOps teams to deliver software faster by helping them collaborate on ideas and test code continuously. With the acquisition, SmartBear hopes to help software development teams speed up their continuous testing processes. All Hiptest employees, including the company's co-founders, have joined SmartBear. [Press Release]
