Boston tech companies are innovating across the healthcare, legal and virtual events industries. Catch up on the latest news out of the Boston tech scene with the Built In Boston weekly refresh.
IntelyCare gained $115M. IntelyCare provides an AI-based platform for nurses that matches nurses with assignments. The Series C round makes the company a unicorn, with a valuation of $1.1 billion. The funds will be used to invest in its platform and expand into new states. The company is also hiring and plans to have over 400 employees by the end of the year. [Built In Boston]
LinkSquares raised $100M. LinkSquares’ AI platform helps legal teams and counsels process and manage contracts. The Series C round, led by G Squared, brought the company closer to unicorn status with a valuation of $800 million. The funding will be used to scale its CLM solution and create new tools. [Built In Boston]
BOSTON TECH QUOTE OF THE WEEK
Elevent gained $2.75M. Elevent offers virtual events for companies and groups. The Newton-based company gained $2.75 million in seed funding that will go toward expanding into new territories and advancing its platform. The company is also looking to add a few people to the team. [Built In Boston]
StackHawk and Snyk partnered up. Denver-based StackHawk, the platform that allows engineers to perform application security testing, partnered with Boston-based Snyk, a cybersecurity platform, to provide continuous security testing and the delivery of secure applications and APIs. [StackHawk]
