Boston tech was booming this past week with new acquisitions and millions in funding raised. Read on to see how these companies are innovating the local tech scene. This is the Built In Boston weekly refresh.
SimpliSafe gets a new HQ. Home security company SimpliSafe announced it is opening a new headquarters in Boston, allowing it to double its local team. The headquarters will be located in Boston’s 100 Sumner Street tower, but the company will provide a “hybrid approach” to working. [Built In Boston]
DeepCure raised $40M. This latest Series A funding round was led by Morningside Venture. DeepCure uses AI technology to create better molecules and cures for a range of conditions. The funding will allow DeepCure to expand into additional oncology programs and double its headcount over the next year, including launching two new sites in Greece and Israel. [Built In Boston]
BOSTON TECH QUOTE OF THE WEEK
Lusha gained $205M. With the latest funding, Lusha now has a valuation at $1.5 billion. Lusha is a cloud-based platform that allows b2b salespeople to engage and close deals with each other. It is used by tech giants such as Google and Facebook. The Series B funding will allow Lusha to double its team and fuel its rapid U.S. expansion. [Built In Boston]
MassMutual celebrated a new office. Designed by Elkus Manfredi Architects and developed by The Fallon Company, a 310,000-square-foot office project for MassMutual in the Seaport District is now complete. Approximately 1,000 employees will work in the new building. MassMutual will keep its headquarters in Springfield. [Built In Boston]
Beacon Biosignals got $27M. The General Catalyst-led Series A for the neurotechnology company will help it scale its computational biomarker discovery platform, and to pursue and expand new and existing partnerships with biopharma and operational partners. New investors in the round included PathAI CEO Andy Beck, and former Gilead CFO Robin Washington is joining the company’s board as part of the deal. [PR Newswire]
Bullhorn acquired cube19. Bullhorn, a cloud computing company that helps businesses with staffing and recruiting, acquired cube19. Cube19 is a Bullhorn Marketplace partner providing reporting solutions and analytics. The acquisition will allow the company to deliver real-time insights to businesses to help them grow. [Bullhorn]
Mirakl acquired Octobat. Mirakl is a French startup with a large Booston presence that helps companies manage online marketplaces. The company acquired Octobat, a startup that deals with invoices and billings. Mirakl said the acquisition will help marketplace operators expand their products and services while being legally compliant. [Mirakl]
