Cambridge-based marketplace raises $8M Series A to scale and expand
OpenBay, an automotive service platform that allows car owners to find dealerships for repairs and compare quotes, just raised $8 million a Series A round, led by the gas company Shell. According to BizJournals, the Series A funding will be used for hiring 20 or more employees. The primary goal of the funding is to scale the platform and expand globally. [Built In Boston]
Indigo Ag makes Forbes list of most innovative agtech startups of 2018
Forbes took "to the fields and phones" to come up with the top 25 most innovative startups in the agtech space this year, and included Boston's very own Indigo Agriculture. The startup used machine learning and data analytics to create a database of microbes that help promote higher crop yields for farmers around the world —and they're not slowing down any time soon. If you're not convinced yet, Indigo has raised a whopping $370 million to date. [Forbes]
Co-founder of Accomplice, Chris Lynch, isn’t retiring anytime soon
With an entrepreneur and venture capitalist background, Chris Lynch is back to his executive roots, as he was just appointed chief executive officer of AtScale, a California-based data company. Before this gig, Lynch co-founded the venture capitalist firm, Accomplice, in Cambridge and still plans to sit on the advising board of the company. His first task as CEO of AtScale? Meeting, in person, the 100 employees he will be leading. [BizJournals]
Salsify keeps #winning
Yesterday, Salsify, the product management platform, was distinguished by Fortune Magazine as one of the “Best places for Millennials to work.” This award doesn’t stand alone: Salsify was mentioned in a “5 Best Places to Work” list in 2018, and received attention from Boston Business Journal and Glassdoor, among other publications. With an increase in hires, growing from 119 employees to 200 in the past year, Salsify employees stay engaged by hosting events, like Women in Tech SoulCycle rides to She Geeks Out gatherings. [Press Release]
ZoomInfo’s got new HQ’s in Waltham
ZoomInfo, a company which integrates their vast contact database with sales tools, just moved their Headquarters to Waltham, Mass. The building fits 450 employees and includes more than 60 meeting rooms, a mother’s room, an exercise room and showers. The new expansion comes at a time of high growth for ZoomInfo, and will help the company recruit Boston’s best tech talent. [Press Release]
This laptop accessory promises productivity
Haven’t you always wanted your screen to just be bigger? Whether you’re working remotely on an airplane or from your couch, it’s normal to crave a bigger screen. That’s where DUO comes in. DUO is an easy to use dual-screen laptop accessory that is portable and helps solve the ongoing problem of efficiently multitasking. Chosen as one of Kickstarter’s “Projects we Love,” DUO is on track to raise over $1.5 million in pre-sales alone. [Press Release]
