The Boston tech scene had a busy week with plenty of news from leading local startups. Keep reading to find out about funding, hiring and a new accelerator in town. This is the Built In Boston weekly refresh.
Pentera gained $150M. Pentera raised a Series C funding that was led by K1 Investment Management, solidifying the company as a unicorn. Pentera is a cybersecurity company known as a leader in automated security validation. The funding will allow Pentera to scale its operations globally as well as double its headcount by the end of the year. [Built In Boston]
SOPHiA GENETICS announced new exec hires. SOPHiA GENETICS is a healthtech company that believes in pooling knowledge and data to further medicine and life research. The company announced the addition of Abhimanyu (Abhi) Verma as chief technology officer and Peter Casasanto as chief biopharma officer to enhance its business within the pharmaceutical industry. Its cloud-based SOPHiA DDM Platform analyzes data and generates insights across medical fields. [SOPHiA GENETICS]
BOSTON TECH QUOTE OF THE WEEK
ClearGov got $20M. The Boston-based govtech startup announced a $20 million strategic growth investment round led by Frontier Growth. ClearGov uses AI to help local governments and their departments streamline budgeting processes, and also creates easy-to-read infographics for citizens to view. The funding will go toward expanding the team, with several tech positions currently open. [Built In Boston]
A new accelerator for Harvard alumni. Pegasus Tech Ventures and Harvard Alumni Entrepreneurs co-launched the Harvard Alumni Entrepreneurs Accelerator to help scale startups founded by Harvard graduates. Students will be able to participate in a 10-week virtual program that will train them on business tools. The program is currently accepting applications. [Boston Business Journal]
3Play Media launched a new captioning solution. 3Play Media, a provider of video accessibility services, announced the availability of its Live Professional Captioning platform. The company claims that the new platform represents the first technology innovation in captioning in years. The platform creates captions provided by a trained voice writer and a proprietary web-based tool that can take over if the writer loses connectivity or power. [Business Wire]
Onapsis gained a new CFO. Onapsis focuses on cybersecurity, but in the realm of business-critical applications, providing solutions such as vulnerability management and threat detection. Some clients include familiar names like Oracle and Salesforce. The company appointed Denis Cashman as its new chief financial officer as Onapsis continues to grow. [Onapsis]
