Boston tech was busy last week. A woman-led company made gains and the city of Boston partnered with Ovia Health. Catch up on the latest. This is the Built In Boston weekly refresh.
Botkeeper raised $42M. The funding round was led by Grand Oaks Capital, the investment firm founded by billionaire Tom Golisano. Botkeeper works to streamline processes for accounting and bookkeeping. The fresh funding will go towards improving the company’s platform and growing its team, with multiple positions currently open in Boston.
Snyk acquired CloudSkiff. CloudSkiff is the creator of driftctl, an open-source tool for drift detection. The acquisition will allow Boston-based Snyk, a developer security company, to add drift detection capabilities to its list of offerings. Snyk also allows companies to leverage cloud-native technologies to create secure configurations. [PR Newswire]
BOSTON TECH QUOTE OF THE WEEK
Ovia Health partnered with Boston. The city of Boston and Ovia health are partnering up to bring health benefits to over 15,000 municipal workers. The move is intended to close gaps in care equity. Ovia Health focuses on fertility and “femcare,” working to improve infant and maternal health. [Built In Boston]
Wabbi raised over $2M. The woman-led cybersecurity company raised over $2 million in a round led by Mendoza Ventures. Wabbi allows companies to assimilate application security processes across different enterprises. The funding will be used to continue delivering and developing technology for its customers, and also increase its team to make these things happen. [Built In Boston]
MassChallenge selected 11 Boston companies. MassChallenge awarded $1.5 million in total prizes, and 11 Boston companies are among the early-stage winners competing against 229 startups. Some local winners include AcousticaBio, IQ3Connect and SchoolSuite. [BostInno]
