The portside city of Boston is a bustling hub for cybersecurity, but there’s a range of companies across other tech industries that are making a splash as well. Following last month’s largest funding rounds, these companies are hiring as they continue to grow their business.
#5. $100 million, Sept. 1
Offering a machine learning-powered platform that connects users to their best-suited home, auto and life insurance plans, Insurify recently raised a $100 million Series B led by Motive Partners. Insurify is putting the capital toward expanding its operations and diversifying its suite of options into new verticals like pet insurance. It’s also currently hiring new additions to its team at its Cambridge headquarters.
#4. $200 million, Sept. 21
The home fitness company produces a device that allows users to simulate the experience of rowing, offering a full-body workout that uses the majority of the body’s muscles. After closing on a $200 million investment from investors and Hollywood A-listers like Lizzo, Aaron Rodgers and Whitney Cummings, Hydrow is putting the capital toward further product innovation and global expansion. It’s also currently hiring for several positions based out of its Boston HQ.
#3. $250 million, Sept. 13
With a new investment from partner Moody’s, BitSight now boasts a valuation of $2.4 billion. The cybersecurity specialist provides enterprises with platform features like ratings, analytics and various performance management tools to help them better understand their cyber risk. The company also recently acquired VisibleRisk and plans to provide new solutions for company leadership members, as well as expand its team. Several positions are open now.
#2. $555 million, Sept. 22
Working to connect online stores with sellers and providing tools that help brands launch, manage and grow their e-commerce platforms, Mirakl has seen rapid growth, capped off by its latest round of funding. Silver Lake led the company’s Series E round. This recent funding allows Mirakl to expand its team with 350 new engineers over the next two years. It’s currently hiring for several positions based out of its Boston office.
#1. $605 million, Sept. 9 and 30
As cyber threats continue to rise for organizations of all sizes, Snyk is working to offer a solution that helps software developers across 1,200 businesses build secure applications from the ground up. Snyk pulled in a $530 million Series F round in early September and later in the month added $75 million to the round, valuing the company at $8.6 billion. The company plans to put this fresh capital toward fueling continued growth. In addition to investing in product development, Snyk is planning to reach a total headcount of 800 by the end of the year, and it currently lists open roles spanning a range of departments.
