Boston’s 15 biggest tech fundings in the last 3 years

by Justine Hofherr
September 11, 2016

Boston’s digital tech economy is thriving.

To recognize companies with the most impressive recent funding, we compiled a list of 15 of the largest fundings from 2014 to 2016. The list includes only digital tech companies located in the Greater Boston area. 

 

PillPack Boston

May 2015, $50M

Investors: CRV, Accel Partners, Accomplice, Menlo Ventures, Sherpa Ventures

Bio: PillPack is an online pharmacy that offers a modern technology-based system that helps people take timely medication.

News: PillPack raised $31.1 million out of a planned $40 million fundraising goal in September 2016, bringing the company’s total fundraising to nearly $100 million in five rounds.

 

(formerly VMTurbo)

January 2015, $50M

Investors: ICONIQ Capital, Bain Capital Ventures, Globespan Capital Partners, Highland Capital Partners

Bio: Turbonomic is a fast-growing technology company in the virtualization and cloud space.

News: In August 2016, Turbonomic announced that Q2 2016 was its 24th consecutive quarter, six straight years, of record growth.

 

Acquia Boston

September 2015, $55M

Investors: Centerview Capital Technology, New Enterprise Associates, Split Rock Partners

Bio: Acquia offers developer tools, cloud solutions and global expertise to drive success for huge companies the open source way.

News: In July 2016, Acquia launched Lightning, an easy-to-use version of its customised content management software which is built with Drupal as the base.

 

DarftKings Boston

September 2016, $150M

Investors: Revolution

Bio: DraftKings is a daily fantasy sports website where you can play against your friends and rivals for cash prizes.

News: In September 2016, DraftKings launched a new product called DK Live, which serves as a one stop shop for NFL and fantasy data such as real-time feed for plays and breaking injury news.

 

October and May 2015, $84M

Investors: SoftBank Corp., CRV, Spark Capital

Bio: Cybereason’s tech platform uncovers malicious operations and provides context for a cyberattack.

News: In August 2016 Cybereason launched new military-grade security services that enable companies to better prepare and respond to cyber threats.

 

June 2015, $56M

Investors: Not disclosed

Bio: Extreme Reach lets advertisers and agencies manage, execute, and track advertising campaigns across all video mediums.

News: In September 2016, Extreme Reach was named to the first-ever Forbes 2016 Cloud 100, a definitive list of the top 100 private cloud companies in the world, developed in partnership with Bessemer Venture Partners.

 

December 2014, $53M

Investors: Undisclosed

Bio: Kaminario is an all-flash storage company for the on-demand world.

News: In August 2016, Kaminario partnered with MongoDB, an open source, document-oriented database designed with scalability and developer agility in mind.

 

Carbon Black Boston

(formerly Bit 9 + Carbon Black)

October 2015, $54M

Investors:  Accomplice, .406 Ventures, Blackstone, Highland Capital Partners, Kleiner Perkins Caufield & Byers, Sequoia Capital

Bio: Carbon Black is a market leader in next-generation endpoint security.

News: In February 2016, the company announced it would be tweaking its name to just “Carbon Black” because the name inspired more confidence during market testing.

 

Digital Guardian Boston

December 2015, $66M

Investors: GE Pension Trust, Fairhaven Capital Partners, Loring Wolcott & Coolidge, Special Situation Funds, Brookline Venture Partners, Mass Mutual Ventures, venture unit of Siemens Financial Services

Bio: Digital Guardian provides advanced data protection solutions and managed services to secure sensitive data.

News: In light of the 2016 Summer Olympics, Digital Guardian provided tips to prevent people from being the victims of fraud by cyber criminals selling fake tickets.

 

January and February 2015, $70M

Investors: Cisco, Fidelity, Excelestar Ventures

Bio: Altiostar Networks builds an array of solutions for the mobile broadband industry.

News: Altiostar has raised a total of $140 million in four rounds.

 

September 2015, $80M

Investors: Andreessen Horowitz, New Enterprise Associates, Commonwealth Capital Ventures and North Bridge Venture Partners

Bio: Onshape is the first and only full-cloud 3D CAD system that lets everyone on a design team work together using any web browser, phone, or tablet.

News: Onshape now has $169 million in funding over four rounds.

 

March 2014, $100M

Investors: Tiger Global Management, 83 North, Advanced Technology Ventures, Greylock Partners

Bio: Actifio delivers copy data virtualization to hundreds of global enterprise customers and service provider partners.

News: In September 2016, Actifio announced OnVault, a low-cost long-term data retention solution that enables data re-use for business intelligence and data analytics.

 

Wayfair Boston

March 2014, $150M

Investors: T. Rowe Price

Bio: Wayfair is an online retailer of home products for bedroom, living room, kitchen and dining, home entertainment, bathroom and more.

News: Wayfair recently integrated with Apple Pay to offer customers mobile web checkout.

 

March 2015, $175M

Investors: Waypoint Capital, Accel Partners, DFJ Growth, CRV, Kleiner Perkins Caufield & Byers Growth, Meritech Capital Partners

Bio: SimpliVity offers an IT infrastructure platform that provides enterprise computing, storage services, and network functionality to its customers.

News: Thanks to its $175 million round of funding, SimpliVity joined the unicorn club with a valuation of $1.2 billion.

 

Have a tip for us or want to share news about your company? Email us.

Jobs from companies in this blog

Boston startup guides

LOCAL GUIDE
Best Companies to Work for in Boston
LOCAL GUIDE
Coolest Tech Offices in Boston
LOCAL GUIDE
Best Perks at Boston Tech Companies
LOCAL GUIDE
Women in Boston Tech