As the weather gets colder, Boston tech companies are turning up the heat, raising sizable funding rounds and gearing up for growth. Keep reading to catch up on the news you may have missed last week. This is the Built In Boston Weekly Refresh.
Immersive Labs pulled in $66M. U.K.-based Immersive Labs named Boston its U.S. hub in 2019 when it opened an office at 200 Berkeley Street for its go-to-market leadership team. The company has developed simulations and other educational tools to train a company’s workforce on how to defend itself against cybersecurity threats. Immersive Labs is actively hiring for more than 20 roles across various teams. [Business Wire]
FOLX Health landed $30M. FOLX provides virtual healthcare for the LGBTQ+ community. It also mails gender-affirming hormone therapy, PrEP HIV prevention pills and other medications to its users. The company plans to roll out expert-led support groups later this month. [Built In Boston]
Boston Tech Quote of the Week
Chewy renovated its Boston office. The pet products retailer added an indoor dog park, upgraded dining area and more collaborative workspaces to its office at 343 Congress St. The company is also adding new office perks, like taco Tuesdays and bagel Wednesdays. Chewy’s local headcount sits around 800 employees, and the company is actively hiring for approximately 100 roles. [Built In Boston]
Connectbase gained $21M. Connectbase is a marketplace that connects network service providers to provider partners.The company said the Series C funding will be used to enhance its Connected World software, expand into additional markets and grow its team. [PR Newswire]
