30Sep
30Sep
Boston cloud startup raises big round to take on Amazon and Google
Boston entrepreneur David Friend has cofounded a half-dozen startups over the past 40 years, but he has never had such a tough time raising money as in 2022. Read more >>
29Sep
Entrepreneurs who succeeded against all odds
RAHUL SINGH, Co-Founder, EcoSoul Home Inc A global business leader and an entrepreneur at heart with a passion for environment sustainability, social transformation, and empowerment. Post his MBA from XLRI Jamshedpur, he built a successful career 15 years long career in Consulting, Banking and Ecommerce in New York, USA. Driven by his passion for environment and sustainability, he started his entrepreneurial journey from 2020 as the co-founder of EcoSoul Home Inc. Read more >>
29Sep
Landsdowne Labs and CBMM Form International Partnership Aimed at Enhancing Button Battery Safety for Children
With reports of a recent sharp rise in child ingestion of button batteries, Landsdowne Labs, LLC, a Fairfield, CT. spinout from the world-renowned Langer Lab at MIT, and CBMM, the global leader in Niobium products, are pleased to announce a partnership to further develop battery technology aimed at preventing severe injury or fatality if button batteries are swallowed. The patent-pending technology, under development by Landsdowne Labs, involves an innovative coating aimed at halting chemical reactions when batteries come into contact...
28Sep
Cloud-Storage Firm Wasabi Reaches $1.1 Billion Valuation
Wasabi Technologies Inc., a Boston-based cloud-storage startup, has reached unicorn status with its latest fundraising. Read more >>
28Sep
Wasabi Technologies Reaches Unicorn Status
Boston, MA September 27th, 2022, Boston Harbor Angels (BHA) is pleased to announce that Wasabi Technologies, one of its portfolio companies, has reached Unicorn status with the close of $250M round of investment. “We are very happy for Wasabi Technologies, investors and Wasabi employees,” says Ziad Moukheiber, President and CEO of Boston Harbor Angels. “David Friend, Founder and CEO of Wasabi Technologies is an exceptional entrepreneur. BHA is thrilled to have been part of this journey from the beginning and we...
28Sep
After dry spell, Boston has a new unicorn
Boston finally has a new unicorn after a nearly three-month dry spell for companies crossing the $1 billion valuation mark. Wasabi Technologies Inc. has become Boston's latest unicorn after raising $125 million in a Series D round led by L2 Point Management. The Boston-based company also announced the expansion of its debt facility with MGG Investment Group by $125 million. Wasabi said the $250 million in new funding puts its valuation over $1.1 billion. Read more >>
27Sep
Corbus Pharmaceuticals Appoints Anne Altmeyer, PhD to Board of Directors
Corbus Pharmaceuticals Holdings, Inc., an immunology company, today announced the appointment of Anne Altmeyer, PhD, MBA, MPH to its board of directors. Read more >>
27Sep
Cloud storage startup Wasabi raises $250M to reach unicorn status
The cloud services sector is still dominated by Amazon and the other so-called “hyperscalers” — e.g. the Microsoft Azures, Google Cloud Platforms and IBM Clouds of the world. According to Synergy Group, an IT market research firm, Amazon, Microsoft and Google together held a 65% share of the global cloud services market as of Q2, up 61% year-over-year. Read more >>
21Sep