ObserveIT just raised $33M
ObserveIT, which helps organizations and companies protect against insider cyber attacks, is going to use their $33 million in funding to add to their 55 employees in sales and marketing, as well as innovating for their solutions. [Built In Boston]
Allego can’t stop, won’t stop succeeding
Allego combines training, practice, coaching and knowledge into one single app to help create a more efficient sales team. Renewing 100 percent of their existing customers, landing a spot on Boston Business Journal’s best places to work and receiving two awards at the Stevie Awards for Sales and Customer Service are just a few accomplishments to credit for Allego’s stellar quarter. [Business Wire]
Mike Volpe is the newest addition to the Lola team
Coming from Chief Marketing Officer backgrounds at Cambridge-based Hubspot and most recently Cybereason, Mike Volpe is now stepping up to become chief executive officer at travel booking site Lola. Lola books travel plans specifically for business people by creating a visible platform for managers and employees to schedule and oversee trips. Paul English, the Kayak co-founder and current CEO of Lola, is stepping into a new role as chief technology officer at Lola. [Biz Journals]
Watch out: TVision’s newest funding
TVision tracks habits of viewers when they're watching television, in a non-creepy way. They use an in-home panel and cutting edge vision technology to anonymously collect data on who is watching and how viewers react to TV. The $11.5 million in funding they just raised will be used to double TVision’s 40 person headcount in a time of major growth. [Built In Boston]
Perceptive Automata raises 3M in seed funding
Somerville MA-based AI company, Perceptive Automata, works to solve the problem of understanding human activity for autonomous car technology. Their software uses extensive data to predict human judgement when driving. The announcement of their $3 million seed funding by investors including First Round Capital and Slow Ventures will propel their innovative technology forward. [PE Hub]
Spiro plans to expand with new funding
Spiro, the company working to help salespeople with their AI powered customer relation management, just raised a seed funding of $1.5 million. With a total of $5 million in funding and revenue that has tripled since September of 2017, the fresh financing will be used to expand marketing initiatives and to double their headcount in Boston over the next 6 months. The money will also go towards developing more AI features for Spiro’s suite of products. [Spiro]
