Weekly Refresh: OpenText Acquires Carbonite and Whoop Raises $55M

November 18, 2019


Whoop raised $55M. This wearable analytics company created a platform to house the data that’s gathered by their trackers. They plan to use the funding to develop new products and add more membership services to the platform. [Built In Boston]

OpenText acquired Carbonite. The enterprise information management company purchased Carbonite, a data security firm, for $1.42 billion. [TechCrunch]

Motif FoodWorks announced new HQ. Motif works to make plant-based food more nutritious and better-tasting. The move to the new Boston headquarters should be complete by June 2020. [PRNewswire]

Bigtincan launched financial services platform. The sales enablement automation company uses AI to empower sales teams to increase customer satisfaction. Bigtincan Financial Services is partially powered by their recent acquisition of XINN. [Businesswire]

Toast launched Toast Capital. Their restaurant management platform combines point-of-sale, front of house, back of house and guest-facing tech to streamline operations. Toast Capital is designed to offer restaurants of every size quick access to flexible loans. [Businesswire]

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