Weekly Refresh: Cybereason Raises $200M, Nike Acquires Boston Company

August 12, 2019
photo via shutterstock

Cybereason secured $200 million to keep companies protected against cyber threats. The company relies on machine learning and behavioral analytics to fight large-scale hacking attacks. With the impressive funds, the company plans to expand its presence internationally, focus on new partnerships and build out more products. [Built In Boston]

Nike acquires Boston-based retail analytics company Celect. Celect’s technology allows retailers to predict and optimize inventory. The Celect team will be integrated into Nike’s global operations team. [Press Release]

Boston-based Optimus Ride is making New Yorkers' commute easier with self-driving cars. The company has begun transporting passengers at the Brooklyn Navy Yard. The company currently uses its technology in several Boston areas. It has completed over 20,000 trips since 2015. [Press Release]

Lemonade officially launched in Massachusetts. The property and casualty insurance company is officially available in Massachusetts. Residents can sign up for renters, condo and homeowners insurance. [Press Release]

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