Boston-based companies are making strides this week, including raising millions in venture capital and new tech being added to the market. Keep reading to find out what’s next for these companies. This is the Built In Boston weekly refresh.
Funnel raised $66M. The no-code marketing platform announced it raised $66 million in a “pre-IPO” funding round co-led by The Fourth Swedish National Pension Fund (AP4) and Stena Sessan. The platform gathers data that marketers need to track and analyze the performance of any ad campaign. Some of the clients include brands like The Home Depot and Sketchers. [Built In Boston]
Lola.com will be acquired by Capital One. The travel site had to pivot after a year of pandemic downfall turning to corporate expense reports. Now, Lola.com will be acquired by Capital One Financial Corp. for an undisclosed amount. [Boston Business Journal]
Sonde Health launched a new tool. Boston tech startup Sonde Health recently announced a new app, Sonde Mental Fitness, which will monitor one’s health with just their voice. The company wants people to know the product is not a therapeutic solution and is not a competitor to Headspace, Lyra or other mental wellness apps. Sonde currently has a few open job listings in Boston with the ability to work remotely. [Built In Boston]
BOSTON TECH QUOTE OF THE WEEK
Zone & Co. pulled in $76M. Billing and revenue solution Zone & Co. announced that it closed a $76 million growth equity investment led by Insight Partners. The company’s product ZoneBilling has attracted NetSuite veterans, partners and clients, and has grow into an emerging global leader, according to the company. Zone & Co. currently has open job listings for remote positions. [PR Newswire]
Black Kite raised $22M. Black Kite, a third-party cyber risk monitoring platform, announced a $22 million Series B investment round to meet the increased demand for cyber risk management. Black Kite’s platform offers cyber risk assessments for more than 34 million entities. The company recently expanded their headquarters and has plans for employee growth in Boston. [PR Newswire]
