These 5 Boston Tech Companies Raised a Giant $565M in September

October 1, 2020
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The biggest funding rounds for Boston tech companies in September raised a giant combined total of $565 million. Snyk topped the list with a $200 million round that brought its valuation to over $2.6 billion. Read on for details about each of this month’s biggest tech fundings.

 

#5. $50 million, September 24

The payment automation company’s Series D round was led by existing investors Great Hill Partners, .406 Ventures and Eight Roads Ventures. The company also just announced it acquired two other companies in the accounts payable automation space: Redwood City-based Inspyrus and Atlanta-based Regal Software.

 

#4. $60 million, September 15

The analytics and cybersecurity company created a platform that manages companies’ data and uses machine learning for automation. Georgian led the Series D. The company also announced Marc van Zadelhoff as its new CEO.

 

#3. $100 million, September 3

The company created a cloud-based health tracking platform that measures vital signs. SoftBank Vision Fund 2 led the Series C. With the new cash, it plans to develop some new digital therapeutics solutions.

 

#2. $155 million, September 23

Salsify helps brands manage their digital shelf, which includes everything from Amazon to social media. Warburg Pincus led the Series E round. The company plans to grow its team to support its expansion.

 

#1. $200 million, September 9

Its software finds security vulnerabilities in open-source code. Addition led the Series D, which brought its total valuation to over $2.6 billion. The company previously closed on a $150 million round in January of this year.

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