Boston Tech Raised $100M Last Week
Stuff I’m Reading:
Boston Tech Financing Announcements:
Israel and MA-based Hunters has raised a $30M Series B led by Bessemer Venture Partners, with participation from YL Ventures, Blumberg Capital, M12, U.S. Venture Partners, Okta Ventures, and Snowflake. The cybersecurity company offers open XDR (Extended Detection & Response) as a service. It scrapes petabytes worth of organizational data across endpoints, cloud, network, and identity to find potential threats and triage their management.
AI-driven dental care analytics company Overjet has raised a $27M Series A co-led by General Catalyst and Insight Partners, and joined by E14 Fund. The three-year-old company’s platform focuses on analyzing the performance of dental practices to identify growth areas and accurately review claims. It’s led by a group of Harvard and MIT scientists with Wardah Inam as CEO.
Crowd analytics company Armored Things just announced a $12M Series A led by Nimble Ventures, with support from others including Gutbrain Ventures, PBJ Capital, Micromanagement Ventures, Glasswing Ventures, Will Ventures, and iNovia Capital. The company helps security teams layer software over their physical infrastructure to understand how spaces are being utilized.
Israel and Boston-based Sayata just raised a $17M Series A co-led by Team8 Capital and Vertex Ventures with support from Elron, Kamet and OurCrowd. The company offers an analytics product that helps quickly underwrite cyber risk for SMBs
Long duration energy storage company Malta has raised a $10M Series B extension led by Chevron Technology Ventures and Piva Capital. Back in March, the company raised $50M from Proman, Dustin Moskovitz, Alfa Laval, and Breakthrough Energy Ventures. They’re using new electro-thermal energy storage technology to keep our electric grids at full capacity at all times. Instead of energy going to waste when it’s not being put to use, Malta converts it into heat (literally molten salt) until it needs to be used on the grid, at which point they re-convert it into electricity. Form Energy is working on a very similar process, but with iron instead of salt.
Shimmy, a pre-launch DTC hand sanitizer brand, just raised a $3M seed round led by Wayfund. They offer sanitizer dispensers that are meant to be stylish, touchless, and refillable with sustainable cartridges.
According to a post by the CEO on LinkedIn, virtual browser solution Plutoview has raised $320K from undisclosed investors. The year-old company offers a co-browsing API integration to make web apps more collaborative, letting anyone build shared web sessions with up to 100 users. Think white label FigJam.