Wasabi Raised $112M, Caresyntax Got $100M, and More Boston Tech News

The Boston tech scene was swarming with VC activity last week. With healthtech companies particularly on the rise, find out how these startups are growing this spring. This is the Built In Boston weekly refresh.

Written by Ashley Bowden
Published on May. 03, 2021
Wasabi Raised $112M, Caresyntax Got $100M, and More Boston Tech News
Wasabi / Facebook
photo: Wasabi / Facebook

The Boston tech scene was swarming with VC activity last week. With healthtech companies particularly on the rise, find out how these startups are growing this spring. This is the Built In Boston weekly refresh.

Apple to hire hundreds in BostonOn its mission to reignite the economy over the next five years, the tech giant is investing $430 billion to create 200,000 tech jobs across the country. It’s planning to hire new talent in metro tech hubs including the Greater Boston area, Boulder and Culver City with a focus on silicon engineering, AI, 5G and manufacturing. [Built In Boston]

Caresyntax raised $100MIts AI platform analyzes huge quantities of real-world data, enabling members of the healthcare industry to provide better service, from doctors to insurance companies. With a substantial pile-up of delayed surgical procedures due to the onset of the pandemic, Caresyntax is investing in market expansion, R&D and growing its team. [Built In Boston]

Boston Tech Quote of the Week

“It helps people understand what their treatment options are, and this is based on the latest treatments that are available. The National Comprehensive Cancer Network guidelines are typically only written for providers. [We are making] patient-facing material for the first time.” —Dr. Maya Said, CEO and co-founder of Outcomes4Me

Outcomes4Me pulled in $12MIts platform provides those diagnosed with cancer with personalized information to help them navigate care. Following the close of its oversubscribed Series A, healthtech company Outcomes4Me is looking to further its platform, expand globally and triple its headcount across engineering, product, data science and more. [Built In Boston]

Wasabi got $112MThis cloud storage company just closed on its Series C led by Fidelity Management & Research Company. With 22,000 customers and data centers across the U.S., Europe and Japan, Wasabi plans to expand its network of resellers, tech alliance partners and distributors. It’s also hiring in development, sales, marketing and operations. [Built In Boston]

1upHealth secured $25MHealth plans, providers, app developers and pharmaceutical companies use 1upHealth to exchange information at a low cost. With its electronic health data solution, this company is planning to expand its platform following its Series B round led by investor F-Prime Capital. [FinSMEs]

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